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Wednesday, 17 December 1941

Senator JAMES McLACHLAN (SOUTH AUSTRALIA) . - To me it seems very strange that this Government should bring down a measure of this kind within a few weeks of the defeat of the Fadden Government on a similar issue. Apparently honorable senators opposite now realize that money must be raised from this source. This change of attitude is probably a case of coming events casting their shadows before them. This afternoon, some honorable senators debated conscription for military service abroad. This measure is evidence thai the first line of the Government's defence of the voluntary system in the financial sphere has collapsed. The Treasurer (Mr. Chifley), in introducing his budget, emphasized the fact that by exempting the lower incomes, recipients of those incomes would be enabled to subscribe to Government funds by way of purchase of war savings certificates.

Senator Amour - It was announced over the radio to-night that today'spurchases of war savings certificates, constitute a record.

Senator JAMES McLACHLAN (SOUTH AUSTRALIA) - That may be so. Nevertheless this measure is evidence that the Government is changing its policy. I sincerely hope it, will realize that it. cannot, under the voluntary system, obtain the revenue it requires.

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