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Thursday, 7 November 1946

Mr CHIFLEY - As the right honorable .gentleman has said, the time for becoming a signatory to the Bretton Woods Agreement expires -on the 31st December. Some consideration 'was given to the agreement by the previous government. Later, Mr. Melville attended a meeting of the organization in the United States of America, and upon his return to Australia presented a report to me. I might mention that when a report in respect of Bretton Woods was tabled in this House, attached to it was a document that had been prepared by Mr. Wheeler and Mr. Melville, under the direction of the Minister for External Affairs (Dr. Evatt) and myself, giving what I believe to be an impartial review of the proposed agreement. The new Cabinet proposes to consider the report at a. very early date, and to decide whether the agreement will be submitted to Parliament for ratification. If the agreement is to be ratified, it must be done during the present session of Parliament, because the allotted time is running short.

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