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Thursday, 25 August 1921


Senator GARDINER (New South Wales) . - My request refers only to articles made wholly of gold or silver. These metals are so valuable to me that I want to encourage people to import them freely. It is extraordinary that a man should be taxed to the extent of £35 for every £100 worth of gold or silver he introduces into this country. Gold and silver always have a fixed value. In fact, these metals are the basis of value. The Minister (Senator Pearce) says the articles referred to are luxuries. Well, I want all the luxuries I can get, and it occurs to me that we should admit free any articles made wholly of gold or silver, because some day we might want to melt them down to pay our debts with, or to redeem part of the note issue.

Request negatived.







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