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Tuesday, 10 December 1912

Senator McGREGOR (South Australia) (Vice-President of the Executive Council) . - The information that I have with regard to loans to be redeemed, and which were originally raised by the South Australian Government, is that there will be a saving of something about 2s. 3d. or 2s. 4d. per cent. The Commonwealth will have more favorable terms than South Australia had.

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