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Thursday, 24 November 1927

Mr C RILEY (COOK, NEW SOUTH WALES) (5:42 AM) . - I second the amendment. Parliament should have an opportunity to discuss any definite proposals by the Government to dispose of £3,000,000 or £4,000,000 worth of the nation's assets. This House should be taken into the confidence of the Government so that the interests of the country may be fully protected. When the Government wanted additional capital for the Commonwealth Oil Refineries it sought parliamentary approval. When it proposed to make a new agreement with the Amalgamated Wireless Company, the matter was referred to Parliament. Having regard to the ugly rumours that have been current during the last few months regarding secret commissions and so forth, the House should have an opportunity to review not only the tender forms but also any tenders that may be received. The Commonwealth's assets should not be sacrificed, and the interests of importers and exporters should be protected.

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