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Tuesday, 13 October 1931

Mr SCULLIN (Yarra) (Prime Minister) . - The honorable member for South Sydney (Mr. E. Riley) has raised a very important question to which the Government has paid considerable attention, the suspension of the Government Savings Bank of New South Wales. I do not agree that the matter must be confined entirely to one State. It affects the whole of the Commonwealth of Australia. Admittedly the bank was guaranteed by the State Government of New South Wales, and it is primarily the responsibility of the Government of that State, but whatever the Commonwealth can do to relieve the position should be done. There is no power in the hands of the Commonwealth Government to deal with the matter directly, but representations can be made to the Commonwealth Bank. However, it is not fair that I should make a statement on so important a subjectat this late hour. I shall address myself to it again, in the course of a day or so.

Question resolved in the affirmative.

House adjourned at1 1.9 p.m.

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