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Wednesday, 3 August 1904

Mr SYDNEY SMITH (MACQUARIE, NEW SOUTH WALES) - I support the honorable member's request for an adjournment. I know that he is prepared with ' a lot of valuable information which will be of interest to honorable members, and will show that the honorable member for Eden-Monaro must have taken up, the wrong report when he submitted certain figures to this Committee. The honorable member for Eden-Monaro, however, had the manliness to say for which site he will vote, whereas the honorable member for Hume seeks to induce other honorable members to vote for the southern district, and when they have done so they will find that he has simply used them to obtain support, not for the Tooma site, but for the site to which he previously owed allegiance. The Committee will also receive some information regarding some interesting speeches made by him on former occasions when this matter was under discussion. I shall not detain honorable members further than is necessary to show that the honorable member for Eden-Monaro misled the Committee by stating that the capital cost of the additional water supply at Lyndhurst would be about £2, 000,000.

Mr Fisher - He said that if the working expenses were capitalized it would amount to that.

Mr SYDNEY SMITH (MACQUARIE, NEW SOUTH WALES) - He made that explanation only after his first statement was questioned. I have shown that Mr. Wade's figures are practically the same as those of Mr. Pridham. To supply 50,000 people, the Lyndhurst gravitation scheme would cost about ^427,000, and the Bombala pumping scheme £6 17, 000. The capital cost of the scheme reported on by Mr. Wade is only about ,£600,000, instead of ,£2,000,000, as the honorable member for Eden-Monaro stated. It must be remembered that the people to whom the water is supplied will pay for it, just as the inhabitants of Sydney and Melbourne, pay for their water. If a man were thinking of going into a business the working expenses of which were£1 0,000 a year, while the return was expected to be £20,000 a year, he would not capitalize the former in order to ascertain what the speculation would cost him. I shall not detain the Committee any further, but shall leave the honorable member for Canobolas to deal with the honorable member for Eden-Monaro.

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