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Thursday, 30 October 1930

Senator CHAPMAN (South Australia) . - I cannot allow this motion to go to a vote without adding my protest against the action of the Government. The financial position of Australia, already in a precarious state of drift, is daily becoming worse and worse. Unemployment is increasing day by day, and the business institutions of the country are subjected to great hardship. Already the meeting of Parliament has been delayed for an unreasonably long period, and further procrastination will make it necessary to impose extraordinarily severe taxation if we are to balance our budget. The Government promised to balance the budget; but, after summoning Parliament to achieve that purpose, it now burkes the task and temporizes until next Wednesday week. The exercise of ordinary business acumen would have allowed the Government to initiate proposals for presentation to the Senate to-day, so enabling us to set about remedying, or at least checking, Australia's financial drift. The private enterprise of the country is already in a most precarious state, while the position of the man on the land, particularly in South Australia, is desperate. Every farmer in that State is losing money in the conduct of his business, simply because the costs of production are too high.

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