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Friday, 15 May 1942

Mr ROSEVEAR (DALLEY, NEW SOUTH WALES) - Will the Minister for War Organization of Industry state whether the office of Mr. Ifould, in Sydney, is. as reported in the press, now located in premises which were formerly used by the Japanese Bank? Is it true that Mr. Ifould's staff is wholly composed of university graduates? Ifthat be so, how did these men escape the military call-up? Does the Minister think it wise to have such a staff composed of university graduates who have possibly had no business experience ?

Mr DEDMAN - It is a fact that my office in Sydney is situated in a building that was formerly the office of the Yokohama Specie Bank. I am not aware whether any or all of the members of the Sydney staff are university graduates, but if they are I do not see that the holding of university degrees is any good reason why they should not be members of the staff in that office. I take it that the question implies that these officers, if they are university graduates, are young and inexperienced persons. That certainly is not the case. The average age of the members of the staff is about 40 years.

Mr Rosevear - Mr. Ifould is 70 years of age. That would bring up the average.

Mr DEDMAN - The average age of the officers, exclusive of Mr. Ifould, is about 40 years. I am quite satisfied that the staff is carrying out its difficult task in an excellent manner.

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