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Thursday, 6 May 1915

Senator Lt Colonel O'LOGHLIN - I ask the Minister representing the Prime Minister and Treasurer the following questions : -

1.   Mr. Peake,late Premier and Treasurer, h:is publicly made the following statement re specting the loan of £18,000,000 from the Commonwealth to the States - " It is British gold, and not Commonwealth paper, with which we arc carrying out our works policy."

Is this correct?

2.   Is the £18,000,000 lent to the Commonwealth by the British Government exclusively for war purposes, or is any part of it available to assist the States with their public works?

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