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Thursday, 22 May 1930

Senator McLACHLAN (South Australia) . - I have not raised any bogy. This matter of differentiation between foreign and local companies was very fully considered by the commission to which I have referred. We have already differentiated between Australian and foreign companies, but have given no preferential treatment to British or dominion companies, which, apparently, Senator Rae desires should be done. To accept the amendments of the honorable senator would involve considerable drafting difficulties, and I suggest that the honorable senator should leave the clause as it stands in the main and propose an amendment on the lines suggested by Senator Thompson.

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