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Wednesday, 12 April 1961

Mr HAROLD HOLT - I do not have in my mind the statistics to which the honorablegentleman has referred but I am willing, to study them and, at the same time, so that we shall have some useful basis of comparison, ascertain the level of bankruptcies, which occurred during the period when, honorable- gentlemen opposite, were in office in the. earlier years of. real, depression, in. thiscountry. Sometimes it is. puzzling, to discover whether honorable gentlemen opposite, are. anxious to see some improvement in. Australia's economic, situation or are trying to promote some depressive effects, in industry generally.

From, time to time I have stated our policies; in this: matter. L have not denied that in taking measures designed to bring, a boom under control there must be some discomfort and even hardship in certain sections. We regret that as much as does any honorable gentleman opposite, But' this Government Has had- the- courage" to' hazard5 its political1 future in doing what' it' believes to- De- right in- the interests of the- Australian people. We- shall: continue to do so.

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