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Friday, 2 August 1946


Mr BREEN (Calare) .- The provisions which the honorable member for 1 Wentworth (Mr. Harrison) proposes to substitute for those which the bill now contains could have been taken word for word from the National Socialist code of Hitler-Germany, because by their means the whole of the resources of the State could be used to guarantee the payment of dividends upon investments in a particular industry. That is why Hitler was so wholeheartedly supported by the big industrial magnates of Germany. He assumed control of industries which had become uneconomic because of the difficult political, economic and social conditions in Germany after, the last war and during the period of the depression, in order that the considerable sums invested in them might be protected. Such pro-' visions would not be accepted in democratic Australia.







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