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Tuesday, 3 July 1906
Page: 919

Mr KELLY (Wentworth) .- In the clause as it stands, Part II. of the Bill relates to the "repression of monopolies." The discussion that has taken place shows that honorable members are not so anxious to repress monopolies as to regulate them. The Government have shown that they desire to regulate monopolies, and the members of the Labour Party have indicated that whilst they do not consider that regulation will do any good, they expect that the measure will have a regulating effect upon monopolies.

Mr Fisher - We say that we do not think regulation will be sufficient.

Mr Deakin - The Bill aims at a repression of destructive monopolies.

Mr KELLY - Then probably the Prime Minister would be willing to insert the word "destructive" as aqualification of the word "monopolies." We should amend the clause either in that way, or by providing for the " regulation of monopolies." I understand that the Prime

Minister is willing to insert the word " destructive."

Sir William Lyne - I do not propose to accept the suggestion. Honorable members, as they proceed, will find that the clauses speak for themselves.

Mr KELLY - I do not wish to quarrel about a word, but it seems to me that we cannot be too careful as to the terms we employ in this measure. The bald expression " repression of monopolies " would carry us far beyond the desire that has been expressed by honorable members. I understand that it is desired to regulate monopolies of all kinds, and to repress destructive monopolies. If however, honorable members say that their intentions go further than that, no more need be said.

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