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Wednesday, 17 September 1958


Mr MENZIES (KOOYONG, VICTORIA) (Prime Minister) - I say, with great respect, that this is not a question; it is an argument. In the first place, it distorts the facts because it says that' the figures, of registered unemployed are so and so. Those are not the registered unemployed; they are the number of applicants. The problem has been dealt with time after time by my colleague, the Minister for Labour and National Service. In the second place, I do not think it is any part of my function to explain somebody else's speech. I find myself quite fully occupied at times explaining my own, and I would beg to be excused from arguing about what somebody else has said. In the third place, if the honorable gentleman will give himself the trouble of reading completely the report of the Commonwealth Bank, which has just been published, and to which, no doubt, he has been referring, but which, quite clearly, he has not read completely, he would see that the Commonwealth Bank, in its treatment of special accounts and of the liquidity of the trading banks, has observed very great judgment and a thoroughly liberal approach.







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