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Friday, 18 November 1938

Mr LYONS - An assurance was given that the Government would take action to prevent any profiteering by those who produce armaments and munitions in cooperation with the Government munitions factories. Occasion to do so has not arisen. Moreover, those who have offered cooperation with the Government to meet its needs for armaments in a time of emergency have also given a guarantee that there will be no profiteering on their part. On our part, I have given an assurance that if there were any attempt at profiteering plans would be evolved to prevent it. 1 gave that assurance to the Australian trades unions through the Australasian Council of Trade Unions when I asked for their co-operation with the Government in the defence of this country, but I have not yet received any intimation that they will co-operate.

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