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Thursday, 17 November 1921

Senator LYNCH (Western Australia) . - It. might be inferred from the reply of the Minister (Senator E. D. Millen) that all the manufacture of wire is carried out by firms who do not make anything else; but I draw the attention of the Committee to the fact that the company principally employed in this business carries on other operations under the same roof. Rylands Limited - if I may mention the name of that firm without unfavorable discrimination - is carrying on different operations, I am glad to say, in New South Wales, and if the company loses on one product- it may gain on another. It is generally understood that in the grocery trade sugar is not handled at a profit.

Senator Crawford - Grocers- now make a profit of1d. per lb. on all they handle.

Senator LYNCH - That may be so now, but at one time they were prepared to sell it without making a profit, because they made it up on other goods. That may be done by wire manufacturers who are turning out other articles. It is probable that any company commencing operations here will in. some way be associated withthe Broken Hill Proprietary Company. . The records show that Mr. G. D. Delprat, who was at one time the general manager of the Broken Hill Proprietary Company, and who is now, I understand, the consulting engineer for the company, is on the directorate of Rylands Limited. I do not know what amount of capital has been subscribed by the Broken Hill Proprietary Company toRylands Limited, but I previously stated on good authority that a meeting had been held, and the wire manufacturing concern of which Mr. Delprat was the chairman of directors was associated with the Broken Hill Proprietary Company. What are we to conclude? That the capital invested in the Broken Hill Proprietary Company is behind the products ofRylands Limited, which we are now considering. In view of these facts it is improbable that the firm mentioned will suffer; if it does not make a substantial profit on one line it will make it on others which we have already adequately protected.

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