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Tuesday, 19 December 1911


Senator RAE (New South Wales) (3:21 AM) . - I .should like to know whether itis intended that the whole of this money shall be taken from the gold reserve of the Australian Notes Fund. Of course, I' am aware that there must be a reserve of gold kept in hand. The reason I ask the question is that on reading the Bill I see no indication of where the money is to come from, and, so far as I can see, there is nothing in the Bill to prevent the Government raising it in some other way.







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