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Tuesday, 20 October 1931

Mr LATHAM (Kooyong) .- I have listened with much interest to the explanation of the Minister. He has quoted a Tariff Board report of 1925. The board reported, according to what the Minister read, that the industry was declining, that the price of the article was the obstacle to its recovery, and that a reduction in the price would have to be brought about in the interests of the industry as a whole, by sacrifices being made by the manufacturers and their employees, and in the revenue. We know of lie sacrifice of revenue which has been made. The Tariff Board in 1925 estimated that the loss would then be £69,000, but, according to a reply given in the House, the amount actually lost has been £39,000. Has the Minister anything to say regarding reduced profits and reduced wages which have come, about as part of this plan?

Mr Forde - The manufacturers have reduced the price of cigars, and the workers have accepted reduced wages.

Mr LATHAM - After the duty had been varied?

Mr Forde - Yes.

Mr LATHAM - If that is so, it appears that the arrangement has worked out satisfactorily, and there is nothing else to say.

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