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Tuesday, 13 October 1931

Mr MORGAN (DARLING DOWNS, QUEENSLAND) - In regard to the statement that £65,000 is to be made available by the Commonwealth Bankto the Queensland Meat Industry Board, I ask the Prime Minister whether his attention has been directed to the following pronouncement by the Premier of Queensland : -

Mr. Mooresaid that itwas extraordinary to road that £65,000 was to be made available.

He could not understand it. Perhaps, when the board went to the Commonwealth Bank and sought an overdraft it mentioned a possible limit of £55,000. It was amazing to him that an ordinary business overdraft transaction should be put in asa loan from the Commonwealth Bank to the Commonwealth Government. It is ordinary banking business, said Mr. Moore, and this is really divulging the private business of the bank.

Has the Prime Minister's attention been directed to that paragraph, and if so, has he any comment to make?

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