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Tuesday, 13 October 1931

Mr JAMES (HUNTER, NEW SOUTH WALES) - The following paragraph appears in the Sydney Morning Herald: -

Chief Judge Dethridge said that the court was not inclined to reduce wages when the only result of that reduction would be inflation of profits already adequate. The tremendous fall in the national income had brought about a fall in labour costs, as well as in other expenditure. It was of no benefit to the community in a time of distress to transfer from the wage-earners to the shareholders, the 10 per cent. reduction if the profits of the shareholders were already being sufficiently filled . . Mr. Derham said that he was appearing for the Commonwealth Oil Refineries Limited and eighteen or nineteen other respondent companies.

I ask the Prime Minister what is the attitude of the Government's representatives on the hoard of directors of the Commonwealth Oil Refineries Limited in regard to this application before the court?

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