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Thursday, 10 November 1921

Senator RUSSELL - All the wheat of the seasons referred to has been disposed of, with the exception of the season 1917- 1918, on account of which South Australia shows a balance on hand of 349,000 bushels. From, this, however, has to be deducted any losses. A statement of the 1915-1916 Pool overseas realization, and of its distribution among the States, has recently been published. The States will now announce the amount of any further payment which they desire to make. A statement of the . position of the other Pools will be made as early aspossible.

Senator PRATTEN (NEW SOUTH WALES) - What does "as early as possible" mean?

Senator RUSSELL - The estimate is that each Pool will take about a month to clear up.

Senator PRATTEN (NEW SOUTH WALES) - Arising out of the answer to my question, am I to understand that as there are yet about five Pools to be cleared up, it will take five months before they are cleared up ?

Senator Russell - No, . not so long. Once we have dealt with Pools B and C it will be smooth sailing.

Senator PRATTEN (NEW SOUTH WALES) - Once B and C Pools are cleared up, it will be plain sailing, and it is hoped that they will have been dealt with within a month or two?

Senator Russell - Yes.

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