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Wednesday, 19 May 1920

Mr TUDOR (Yarra) .- I understand that this Bill is merely to authorize the borrowing of money should a suitable opportunity offer.

Sir JOSEPH COOK (PARRAMATTA, NEW SOUTH WALES) (Minister for the Navy) - Merely an authority to raise money.

Mr TUDOR - The money will be required for repatriation and other purposes.

Sir JOSEPH COOK (PARRAMATTA, NEW SOUTH WALES) (Minister for the Navy) - Yes.

Mr TUDOR - The right honorabVi gentleman mentioned to me that he proposed to introduce this Bill, but I did not understand him to say that he wished to proceed with it to-night. In view of the fact that we have disposed of the whole of the Estimates for the financial year 1919-20 in a few hours, I fail to see that there is any urgent necessity for rushing this Loan Bill through to-night.

Sir JOSEPH COOK (PARRAMATTA, NEW SOUTH WALES) (Minister for the Navy) - Only that we have to send it to the Senate.

Mr TUDOR - It can easily be dealt with to-morrow. It is a purely formal measure.

Sir JOSEPH COOK (PARRAMATTA, NEW SOUTH WALES) (Minister for the Navy) - I shall be satisfied as long as I am able to pass these Bills through this week.

Mr TUDOR - You will get them this week.

Question resolved in the affirmative. In Committee:

Motion (by Sir Joseph Cook) agreed to-

That it is expedient that an appropriation of moneys be made for the purposes of a Bill for an Act to authorize the raising and expending of the sum of £20,000,000 for war purposes.

Resolution reported. Motion (by Sir Joseph Cook) proposed -

That the Standing Orders be suspended to enable the remaining stages, up to the second reading, to be passed without delay.

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