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Thursday, 8 July 1920


Sir JOSEPH COOK (PARRAMATTA, NEW SOUTH WALES) (Minister for the Navy) - I read those figures with amazement. Neither statement is correct. I have made no announcement about our revenue and expenditure except in the loosest way, because, until we can bring the London accounts to balance, it is impossible to say exactly what has been received and spent. Last week, I gave a rough approximation of what the revenue would be in excess of the estimate, but I Have made no statement concerning our expenditure, and I do not know where the figures published in the newspapers were obtained. The statements are preposterously incorrect, and a protest should be made against these attempts to disseminate figures which have no foundation in fact. It will be found, I think, when the books are balanced, that on the expenditure side we have exceeded the estimate by, perhaps, £1,000,000 ; but I cannot say that definitely. Of that £1;000,000, the sum of £600,000 will have been spent in increasing war pensions. It is wrong of these journals to publish statements without attempting to check their accuracy in any way.







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