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Wednesday, 26 April 1961

Mr HAROLD HOLT - Coming from the great industrial centre of Newcastle, the honorable gentleman should be aware that that is not typical of the industrial picture as a whole.

Mr Jones - Of the textile industry, I said.

Mr HAROLD HOLT - I thought the honorable member referred to the industrial picture as a whole. Undoubtedly the textile industry is one of the industries that have experienced a sharp decline in activity over recent months, just as other sections of industry have shown substantially increased production over recent months, including industries very close to the honorable gentleman. He has just made his own quite brisk review of the state of the national economy. I have already said that the Government will be making its review this week and next week of issues of policy which may arise. Question time is not the time to state these matters of policy. We have already said what our general policy is on the matter raised by the honorable gentleman, and whether that general policy should be subject to any change is a matter which Cabinet will determine after the facts are carefully considered by it.

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