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Wednesday, 26 November 1941

China regards the production of steel as one of those public utilities, referred to in Article 123 of the Chinese Constitution, which reads thus: "All public utilities and enterprises of a monopolistic nature shall be operated by the State". Free China regards steel as such a public utility. The Government, therefore, owns and controls all steel works, and these are operated, not for the purpose of profit, but for national service.

We think that here in Australia we might take a lesson from the Chinese book of procedure. We have here in Australia a monopoly controlling our steel production, and it is most difficult, if not impossible, for any other body to become established.

Senator McBride - That is not correct.

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