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Tuesday, 10 November 1959


Mr WHITLAM (WERRIWA, NEW SOUTH WALES) - I ask the Prime Minister why the loan for the Mount Isa railway is on so much less favorable terms than the loans which the Commonwealth has made to other States since the war for reconstruction In other words, why is the Commonwealth lending only two-thirds of the sum needed to build the line, and requiring the whole of the loan to be repaid in twenty years, whereas the Commonwealth granted the full sums needed to build a new line from Albury to Melbourne and to broaden the South Australian lines, and required the States concerned to repay only three-tenths of the loans over a period of 50 years? Has the loan been made on condition that Queensland permits the extension of the line to the border of the Northern Territory when, and if, the Commonwealth desires to complete a tropical trans-continental railway across the Barkly Tableland to Darwin?







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