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Wednesday, 28 April 1915


Mr FISHER (WIDE BAY, QUEENSLAND) (Prime Minister) - I am reported in the proof issue of Hansard, No. 20, page 2422, to have said on the 16th April-

I cao again tell the Committee that the Government are not in favour of a convertible note issue

Three or four sentences further down I am made to say -

There is no danger, . nor is there likely to be any, so long as we have an inconvertible note issue.

I have always stated that we are in favour of a convertible note issue. As a' matter of fact, the galley proof in which the mistake first occurred was corrected, but, to the regret of the officials .and myself, it was mislaid in the Government Printing Office. I wish honorable members and the country to know that, so far as this Government are concerned, we are not in favour of an inconvertible note issue. We stand by the present issue, which is convertible at all times.







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