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Thursday, 2 September 1920

Mr HUGHES (BENDIGO, VICTORIA) (Prime Minister) - The honorable member for Robertson (Mr. Fleming) yesterday asked me a question as to the basis upon which the wool dividend would be paid. I have ascertained that, for all practical purposes, the dividend will work out at 5 per cent. on the appraised value. Thus, every wool-grower will know that he is to expect 5 per cent. on the appraised value of his wool.

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