Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Thursday, 20 October 1904

Mr McLEAN (Gippsland) (Minister of Trade and Customs) . - The honorable member for Boothby is to be commended for having brought this important matter under the notice of the House ; but I am sure that he will agree with me that we should have more information before committing the country to the expense of a Royal Commission. I therefore ask him to allow the debate to be adjourned, to enable me to make further inquiries into the matter. It is probable that a good deal of information will be necessary to enable us to come to a proper conclusion, and that it will have to be got through the Department from other countries. The Government are with the honorable member in the view that monopolies should not be allowed to exist to the detriment of the public interest. Probably none suffer more than do the producers of raw material from the existence of monopolies, because the restriction of their market puts them at the mercy of the buyers in regard to price. The Government are quite prepared to take action to put down monopolies wherever they find them. Personally. I think that anti-trust legislation would meet the case more effectively than the nationalization of any industry; but in view of the seriousness of the proposal I ask time for further consideration, and move -

That the debate be now adjourned.

Mr SPEAKER - The Minister may not move the adjournment of the debate, as he has spoken to the motion ; but I have no doubt that the House will grant him leave to continue his speech on a later day.

Leave granted ; debate adjourned.

Suggest corrections