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Friday, 11 June 1926

Senator PEARCE (Western Australia) (Minister for Home and Territories) . - I move -

That the bill be now read a second time. This is a bill to appropriate the sum of £100,000. The appropriation differs from that of the bill just dealt with, in that this money will be placed to the credit of a trust fund, and the earnings set aside for the purpose of sending research students to other parts of the world in order to enable them to take up special lines of research work. These students will be chosen from mei who have had a distinctly favorable university career, and the Commonwealth will have a claim on their services when they return to Australia. That will be the subject of an agreement before they are sent abroad. It is proposed that while absent from Australia they shall receive £300 per annum for two years, together with the sum of £150 for their fares. They will enter into undertakings regarding the services which they are to render. This £100,000 will be an endowment fund, which it is hoped will be augmented by bequests from wealthy men. This bill makes a commencement by authorizing the payment of £100,000 into an endowment fund, the trustees of which will be the Council of Scientific and Industrial Research. Mr. Julius, Mr. New.bigin, and Dr. Rivett, the members of that council, will invest the fund and provide for the selection of those who areto o-o overseas. I do not think the bill needs any further explanation. It is supplementary to the Scientific and Industrial Research Bill, and seeks to carry out a most worthy object.

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