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Thursday, 24 September 1942


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

1.   Did the private banks receive the sum of £32,678 as commission for services rendered in connexion with the first war loan?

2.   If so, will the Treasurer say what service other than making applications for war bonds were performed by the private banks?

3.   What time elapsed from the opening of the loan to its conclusion?

4.   Who is responsible for the enormous increase in the note issue; is it due to the private banks converting their treasury-bills into notes?







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