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Friday, 24 August 1923

Mr SEABROOK - The wheat-growers will be better off than the fruit-growers. Mr. PARKER MOLONEY. - I may agree with the honorable member, but that does not affect my argument. The honorable member for Echuca (Mr. Hill) said that, taking it on the average, wheat could not be produced in Australia under 4s. a bushel.

Mr Maxwell - The guarantee of 3s. 8d. is not supposed to represent the cost of production.

Mr PARKER MOLONEY (HUME, NEW SOUTH WALES) - No ; it is merely a guarantee. If wheat realized only ls. 6d. or 2s. 6d. a bushel, the wheat-grower would go out of business, and that would be a very bad thing for this country. We have not had a vote on this question, although the Prime Minister (Mr. Bruce) said that he believed it was the opinion of this House that 3b. 8d. was a sufficient guarantee. When the Bill is in Committee I propose to move an amendment to increase the guarantee to 4s. per bushel.

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