Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Friday, 26 May 1939

Mr HOLLOWAY (MELBOURNE, VICTORIA) . - I feel rather disgusted with the whole debate on this measure. For the last three days and nights honorable members have been racking their brains in an attempt to evolve some way in which to checkmate the anticipated attempts at exploitation by private manufacturers of defence equipment when we should be objecting to the principle itself. The fact that we have devoted so much time to the task is an admission by every one, including the Minister (Mr. Casey) himself, that it is recognized that unscrupulous exploitation does, in fact, always take place when the manufacture of armaments is handed over to private enterprise.

Mr Casey - No; I deny that completely. All of the proofs submitted have been in relation to overseas experiences. There is no proof that exploitation has taken place in Australia.

Mr Scullin - There is one industry in Australia which made 90 per cent, profits on its capital during the war. That has been brought out in evidence.

Suggest corrections