Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Thursday, 13 November 1941

Senator COLLINGS - The question is one which concerns the Government and the Government only.

Senator Spicer - What about the nation?

Senator COLLINGS - Mr. Taylor,unlike previous appointees to the board, has no entangling business alliances of any kind whatever.

Senator SPICER - In view of the answer given by the Leader of the Senate to my previous question, and of the fact that it is necessary under section 11 of the Commonwealth Bank Act that directors of the Commonwealth Bank shall bc persons who are, or have been, actively engaged in agriculture, commerce, finance or industry, "wall the Minister bring to the attention of the Government the fact that its appointee apparently does not possess the qualifications necessary for his appointment?

Senator COLLINGS - The appointment has been made, and the incident is closed.

Senator McLEAY (SOUTH AUSTRALIA) - Has the attention of the Leader of the Senate been drawn to a statement in one of the Sydney newspapers to-day that, at an interview, Mr. Taylor said -

He could not discuss details of his appointment or Mb attitude to current financial problems until he had conferred with the Prime Minister (Mr. Curtin) and the Treasurer (Mr. Chifley). He expected to do this within a few days.

Further, has the Minister's attention been drawn to' the following statement reported to have been made by Mr. Taylor

I was more or leas bred in the Labour movement, and have been a member of the Australian Labour party for seventeen years.

In view of the fact that Mr. Taylor does not come within the classes set out in the act - agriculture, commerce, finance and industry - does the Leader of the Senate think that he is better qualified to perform the very important national duty of assisting to control Australia's finances during the difficult days that lie ahead, because of his active association with the Labour party as a campaign director?

Senator COLLINGS - The appointment has been made, and the incident is closed.

Suggest corrections