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Wednesday, 2 December 1936

Senator HARDY - Sometimes when the statistics of one country are balanced against those of .another country, extraordinary differences are noticeable.

Senator DUNCAN-HUGHES - That is true. We had an instance of that the other day in connexion with the Czechoslovak trade treaty. Although figures may not be available to indicate with certainty the exact position between two countries, the Commonwealth Government has admitted an export trade to Japan of £15,000,000 and an import trade from Japan of £6,000,000 for last year. Australia is not doing badly out of that transaction. I cannot understand the state of mind of those who will allow a good customer of that kind to be antagonized. The adoption of such a policy seems to me to indicate the gravest lack of wisdom and to be extremely undesirable. Senator Hardy endeavoured, this afternoon, to suggest that we must choose between Great Britain and Japan, but why should we force ourselves into such a position?

Senator Hardy - I tried to draw a line of demarcation on the basis of market values.

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