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Thursday, 26 March 1942

Senator DARCEY (TASMANIA) asked the Minister representing the Treasurer, upon notice -

1.   What is the total amount of inscribed stock sold since the present Government has been in office?

2.   What is the total amount of treasury- bills issued in the same period?

3.   Is it a fact that the private banks were notpermitted to purchase bonds in the recent loan?

4.   Is it a fact that the £35,000,000 subscribed will be used to pay the interest bill on past borrowings, which interest bill amounts to about £1,000,000 weekly?

5.   Is it a fact that the payment of this interest may preclude the current loan from being used in the prosecution of the war?

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