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Thursday, 5 March 1942

Mr CURTIN (Fremantle) (Prime Minister) . - The policy of the Government in respect of loans is that every condition set out in the prospectus will be completely honoured by the Government. We regard the prospectus as a contract between the Government, as the organized national entity, and its citizens. Whatever the prospectus sets out is the condition upon which the Government invites the public to subscribe to the loan. That is the guarantee which the people ha ve as to the rights of investors in the loan. That is the obligation, without any quibble or reservation, which this Government completely accepts, and will completely discharge.

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