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Wednesday, 29 April 1936

Senator FOLL - That would be unsatisfactory to commerce.

Senator DUNCAN-HUGHES - That is so. Nevertheless, there is a considerable school of thought that a fluctuating exchange is preferable. I come now to the fourth point raised by Senator Leckie, to the effect that the tariff policy of the Government has not been of any benefit to Australia. He said that the Government's general policy was doing good, but that its tariff policy had not yielded any beneficial results. Passing through Melbourne, I obtained a copy of the Sun Pictorial, of the 21st April, published in the State which the honorable senator represents in this chamber. In it I found the following : -

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