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Wednesday, 30 November 1938

Mr NOCK (Riverina) (4:35 AM) - I think the honorable member for Wannon (Mr. Scholfield) is under some misapprehension in regard to this matter. Subclause 3 provides that there shall be kept a special account to which shall be credited out of the receipts of the fund an amount " not exceeding £500,000 ". It does not provide that the amount shall be £500,000. There may be a year during which nothing is contributed, and in other years perhaps £200,000or £300,000 may be contributed. I agree with what has been said that it is wrong in principle to take portion of the money from the home-consumption price excise to transfer necessitous farmers engaged in uneconomic areas to other areas more suitable for production; but seeing that the Premiers of all the States have agreed to this as a condition of co-operation, it is up to us to accept the terms of that agreement.

Amendment negatived.

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