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Thursday, 17 November 1960


Mr HAROLD HOLT - I do not think that honorable members should anticipate that anything so dramatic or drastic as to require an emergency meeting of Parliament is likely to occur. The Government is able to follow the position of our imports and exports quite closely. As the Prime

Minister has pointed out to the House, there is a daily examination inside the Treasury of economic trends, and there is a weekly and a monthly survey of various aspects. We can regard ourselves as being as closely in touch with developments as any political and administrative organization could expect to be. Indeed, I think the public, when it is considering some of the criticisms directed against the Government's policies, may take some comfort from the fact that because of the wealth of information that is available to the Government but not to its critics, no one is better placed than is the Government and its advisers to assess the trend of economic events.







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