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Thursday, 10 June 1926

Senator GRANT (New South Wales) . - We have been listening for a long time now in this tariff debate to the same arguments from Senator Payne and other honorable senators with strong protectionist proclivities, and in nearly every instance we have had the same reply from the Minister. It is an utter waste of time to continue the debate, for no matter how Senator Payne, or other honorable senators, may protest against any item, the Government has the numbers and will pass the schedule. I wish to see the business of the Senate proceeded with. I do not believe in this continuous repetition of arguments. We have been assured by the Minister that a fairly large amount of capital will be invested in this proposed new industry; but I should like honorable senators to note that, unlike many other pioneering enterprises, the people who establish industries nowadays come along and .ask for a bonus or a duty.

Senator McLachlan - In this case, the company according to Senator Payne is asking for an insurance of over 500 per cent, by way of tariff protection.

Senator GRANT - In a matter of this sort the Minister should place the whole of the facts before honorable senators, so that they may gauge the value of the industry and give an intelligent vote.

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