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Wednesday, 2 March 1932

Mr LYONS (Wilmot) (Prime Minister and Treasurer) . - As the Leader of the Opposition (Mr. Scullin) has stated, the purpose of postponing clauses 1, 2 and 3 is to enable such consequential amendments to be made to them as may be rendered necessary by the deletion of clause 4. Honorable members will be able to discuss the new bill fully when it comes down. I suggest that the committee vote against clause 4 for the reason I have indicated. We have accepted the suggestion to divide the bill into two parts, and the bill providing that the Commonwealth shall accept liability for the debts of the States will be introduced immediately.

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