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19560508_senate_22_s7.xml
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19560508_senate_22_s7.xml
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<?xml version="1.0" encoding="utf-8"?>
<hansard xsi:noNamespaceSchemaLocation="../../hansard.xsd" version="2.1" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<session.header>
<date>1956-05-08</date>
<parliament.no>22</parliament.no>
<session.no>1</session.no>
<period.no>1</period.no>
<chamber>SENATE</chamber>
<page.no>551</page.no>
<proof>0</proof>
</session.header>
<chamber.xscript>
<business.start>
<day.start>1956-05-08</day.start>
<para>The <inline font-weight="bold">President (Senator the Hon. A. M. McMullin)</inline> took the chair at 3 p.m., and read prayers. </para>
</business.start>
<debate>
<debateinfo>
<title>MUNDIWINDI POST OFFICE</title>
<page.no>551</page.no>
<type>miscellaneous</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>Petition</title>
<page.no>551</page.no>
</subdebateinfo>
<para>
<inline font-weight="bold">Senator SCOTT</inline>presented a petition from 39 citizens of the State of Western Australia praying that the proposal to remove the Mundiwindi Post Office be abandoned. </para>
<para>Petition received and read. </para>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>551</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>COMPANY LAWS</title>
<page.no>551</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>551</page.no>
<time.stamp />
<name.id>KAC</name.id>
<electorate>WESTERN AUSTRALIA</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">VINCENT, Victor</name>
<name role="display">Senator VINCENT</name>
</talker>
<para>- I preface a question to the Attorney-General by stating that a report appeared in the press recently that various legal officers of the State law departments had met in Canberra to discuss some matters related to company law. Will the AttorneyGeneral make a statement about the conference and, in particular, will he inform the Senate whether any decisions were reached at that conference on matters such as uniform company laws or, alternatively, the issue of prospectuses? </para>
</talk.start>
</speech>
<speech>
<talk.start>
<talker>
<page.no>551</page.no>
<time.stamp />
<name.id>K6Z</name.id>
<electorate>VICTORIA</electorate>
<party>LP</party>
<role>Attorney-General</role>
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPICER, John</name>
<name role="display">Senator SPICER</name>
</talker>
<para>- It is true that a. meeting was held in Canberra last week of legal officers from the various States to consider questions in connexion with company laws. Although I have, not had a full report of the meeting yet, I believe that some useful progress was made towards working out uniform provisions with regard to certain matters such as prospectuses. I shall make further inquiries, and endeavour to get a full report of the position for the honorable senator. </para>
</talk.start>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>551</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>ELECTORAL</title>
<page.no>551</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>551</page.no>
<time.stamp />
<name.id>K6W</name.id>
<electorate>TASMANIA</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">COLE, George</name>
<name role="display">Senator COLE</name>
</talker>
<para>- Is the Minister representing the Minister for the Interior aware that some Continental numerals, notably the figures 1 and 7, differ from the usual Australian figure formations? The figure 1 is written very much like our figure 7 and the' figure 7 like the letter F. As this has resulted in many, votes cast by naturalized new Australians being queried by returning officers and, in some cases, being, declared invalid, will the Minister take steps to correct this position ? </para>
</talk.start>
</speech>
<speech>
<talk.start>
<talker>
<page.no>551</page.no>
<time.stamp />
<name.id>JZY</name.id>
<electorate>WESTERN AUSTRALIA</electorate>
<party>LP</party>
<role>Minister for Shipping and Transport</role>
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">PALTRIDGE, Shane</name>
<name role="display">Senator PALTRIDGE</name>
</talker>
<para>- I shall refer the matter raised by the honorable senator to the Minister for the Interior, and obtain his comments. </para>
</talk.start>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>551</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>NORTHERN TERRITORY</title>
<page.no>551</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>551</page.no>
<time.stamp />
<name.id>K5T</name.id>
<electorate>WESTERN AUSTRALIA</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SEWARD, Harrie</name>
<name role="display">Senator SEWARD</name>
</talker>
<para>- Will the Minister representing the Minister for Territories inform the Senate whether it is a fact, as reported in the press, that the Administrator of the Northern Territory is to retire from the 30th June next ? If so, does that mean that the Northern Territory will lose the benefit of the knowledge of tropical vegetation that the Administrator acquired during his recent visit overseas ? Will the Minister make a statementgiving the reasons for <inline font-weight="bold">Mr. Wise's</inline> retirement if the reports are true? </para>
</talk.start>
</speech>
<speech>
<talk.start>
<talker>
<page.no>551</page.no>
<time.stamp />
<name.id>K6Z</name.id>
<electorate />
<party>LP</party>
<role />
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPICER, John</name>
<name role="display">Senator SPICER</name>
</talker>
<para>- I am unable to give the honorable senator a specific answer. I shall make inquiries, and supply the information to the honorable senator. </para>
</talk.start>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>551</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>GOVERNMENT LOANS AND FINANCE</title>
<page.no>551</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>551</page.no>
<time.stamp />
<name.id>K6P</name.id>
<electorate>QUEENSLAND</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">BROWN, Gordon</name>
<name role="display">Senator BROWN</name>
</talker>
<para>- I address a question to the Minister representing the Treasurer. Is it a fact that the United Kingdom Government has instituted a plan for raising much-needed money by the issue of premium bonds? Does that project embody some form of lottery ? Is the Australian Government in possession of details of the premium bond issue in the United Kingdom ? If so, will the Minister give those details to the Senate ? In view' of the financial straits of the Government and the love of the Australian people generally for a gamble or, should I say a speculation, would not the issue of premium bonds by this Government be of great assistance to the financially embarrassed Treasury? </para>
</talk.start>
</speech>
<speech>
<talk.start>
<talker>
<page.no>551</page.no>
<time.stamp />
<name.id>K7A</name.id>
<electorate>NEW SOUTH WALES</electorate>
<party>LP</party>
<role>Minister for National Development</role>
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPOONER, William</name>
<name role="display">Senator SPOONER</name>
</talker>
<para>- I have no doubt that my colleague, the Treasurer, and his advisors have seen details of the new issue of bonds in Great Britain and the; means.that are being adopted there toincrease subscriptions. I have no doubt that they have given it careful consideration and have formed their own conclusions about it. The Commonwealth Government itself recently has placed a new loan on the market at what are most advantageous terms for investors. I hope that that new loan will meet with the success that it deserves. It is in the interests of every Australian to subscribe to it and make his contribution to carrying our works programmes forward. I think that, until we see the results of that new loan issue, it is not appropriate to consider and discuss other matters. </para>
</talk.start>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>552</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>AUSTRALIAN TERRITORIAL WATERS</title>
<page.no>552</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>552</page.no>
<time.stamp />
<name.id>KQQ</name.id>
<electorate>SOUTH AUSTRALIA</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">LAUGHT, Keith</name>
<name role="display">Senator LAUGHT</name>
</talker>
<para>- By way of preface to a question to the Attorney-General, I point out that it is reported in to-day's Adelaide <inline font-style="italic">Advertiser</inline> that His Honour <inline font-weight="bold">Mr. Justice</inline> Ross, of the South Australian Supreme Court, has referred to the High Court of Australia the important question, raised by counsel for the defence in a fisheries act prosecution of a couple of Kangaroo Island fishermen, of whether State fisheries legislation is limited to the waters inside low-water mark and whether other territorial waters accordingly are covered by Commonwealth legislation. Will the Minister cause an examination by legal officers of the Crown to be made of the question being submitted to the High Court? If this question involves jurisdiction over a valuable area of sea surrounding the Australian continent, will the AttorneyGeneral consider intervention in the appeal by the Crown? </para>
</talk.start>
</speech>
<speech>
<talk.start>
<talker>
<page.no>552</page.no>
<time.stamp />
<name.id>K6Z</name.id>
<electorate />
<party>LP</party>
<role />
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPICER, John</name>
<name role="display">Senator SPICER</name>
</talker>
<para>- The honorable senator directed my attention to this newspaper report as I came into the Senate. I had no knowledge of it before then. I am not in a position to say whether the circumstances are such as to call for intervention by the Commonwealth, but I shall have the matter examined by departmental officers and let the honorable senator know the result. </para>
</talk.start>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>552</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>AUTOMATION IN INDUSTRY</title>
<page.no>552</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>552</page.no>
<time.stamp />
<name.id>KMN</name.id>
<electorate>NEW SOUTH WALES</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">GRANT, Donald</name>
<name role="display">Senator GRANT</name>
</talker>
<para>- My question, which concerns automation and, therefore, has no party-political significance, is addressed to the Leader of the Govern ment in the Senate. I hope that you will pardon me if I explain the question, <inline font-weight="bold">Mr. President,</inline> but I think it is necessary to do so. I have no doubt that you, sir, and other honorable senators have seen reports to the effect that a lot of industrial unrest has occurred in England due to the introduction of automation, and that many workers are out of work. It has already been called a second industrial revolution, the first, of course, having occurred some 150 years ago. At that time the workers did not understand machinery developments- </para>
</talk.start>
</speech>
<speech>
<talk.start>
<talker>
<page.no>552</page.no>
<time.stamp />
<name.id>10000</name.id>
<electorate />
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">PRESIDENT, The</name>
<name role="display">The PRESIDENT</name>
</talker>
<para>- Order ! The honorable senator must ask his question. </para>
</talk.start>
<continue>
<talk.start>
<talker>
<page.no>552</page.no>
<time.stamp />
<name.id>KMN</name.id>
<electorate />
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">GRANT, Donald</name>
<name role="display">Senator GRANT</name>
</talker>
<para>- Might I be pardoned for saying that the industrial workers appreciate that the introduction of automation probably is inevitable, and no doubt most of the entrepreneurs do so too. This is a momentous question- </para>
</talk.start>
</continue>
<continue>
<talk.start>
<talker>
<page.no>552</page.no>
<time.stamp />
<name.id>10000</name.id>
<electorate />
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">PRESIDENT, The</name>
<name role="display">The PRESIDENT</name>
</talker>
<para>- Order ! The honorable senator must come to his question. </para>
</talk.start>
</continue>
<continue>
<talk.start>
<talker>
<page.no>552</page.no>
<time.stamp />
<name.id>KMN</name.id>
<electorate />
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">GRANT, Donald</name>
<name role="display">Senator GRANT</name>
</talker>
<para>- I know that an important question cannot be dealt with here. Indeed, the more stupid the question is, the more discussion there is of it. However, on this momentous problem I want to ask this question : Will the Leader of the Government get in touch with the Cabinet, the Prime Minister, or some of the other supporters of the Government with a view to seeing whether a committee could be appointed to start preliminary inquiries with the trade union movement, with the capitalists, as they are called, with physicists, and with any other people connected with this matter, so that when automation is introduced, as it inevitably must he introduced, it will be done with as little inconvenience as possible to the small man who will be pushed to the wall, and to the industrial worker who will be vitally affected; and so that it will be done as quickly as possible, particularly now that the Communists are introducing this method of production, and as we have to compete with them ? Will the Leader of the Government introduce this matter to the Cabinet with a. view to seeing whether something can he done as quickly as possible? </para>
</talk.start>
</continue>
</speech>
<speech>
<talk.start>
<talker>
<page.no>553</page.no>
<time.stamp />
<name.id>JZI</name.id>
<electorate>QUEENSLAND</electorate>
<party>LP</party>
<role>Minister for the Navy</role>
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">O'SULLIVAN, Neil</name>
<name role="display">Senator O'SULLIVAN</name>
</talker>
<para>-! am quite sure that industrial leaders, industrial workers, and governments are just as much concerned to-day as were the people during the first industrial revolution 150 or 120-odd years ago. At that time it was thought, particularly by the workers, that, the introduction of machinery inevitably would lead to. their destruction, but in the scheme of things it turned out that it brought about a richer and n fuller way of life. I think it is very important that the introduction of automation in industry, and its implications, should be understood by the mass of industrial workers, by the mass of industrial leaders, by the mass of our technicians, and, above all, by <inline font-style="italic">governments,</inline> and that a thorough understanding of its complete implications should be obtained if at all possible. Just what precise steps will he taken in that direction, I am not in a position to say, and I am quite sure that the honorable senator would not expect me to know at this stage. The matter that he has raised is of considerable importance. I assure him that it will not be lost sight of by the Government. </para>
</talk.start>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>553</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>WINE</title>
<page.no>553</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>553</page.no>
<time.stamp />
<name.id>KOW</name.id>
<electorate>TASMANIA</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">HENTY, Norman</name>
<name role="display">Senator HENTY</name>
</talker>
<para>- In view of the complaints that have been made by Australian travellers overseas that they cannot obtain Australian wines on overseas passenger vessels trading to and from Australia, will the Minister representing the Minister for Trade cause the trade promotion section of the Department of Trade to investigate the possibility of ontaining a portion of this valuable trade for the Australian wine industry? </para>
</talk.start>
</speech>
<speech>
<talk.start>
<talker>
<page.no>553</page.no>
<time.stamp />
<name.id>K7A</name.id>
<electorate />
<party>LP</party>
<role />
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPOONER, William</name>
<name role="display">Senator SPOONER</name>
</talker>
<para>- I have always held the view that inquiries about trade matters are better made in the particular rather than in the general. In other words, if the honorable senator will let me have some information about the particular ships and the particular shipping lines on which Australian wine was not available, I shall be very glad to confer with my colleague, the Minister for Trade, to see whether he is prepared to get in touch with one of the wine companies with a view to having it supply wine to the shipping line concerned, so that those who like good wine - that is, Australian wine - will be able to obtain their requirements. </para>
</talk.start>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>553</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>NATIONAL ELECTRICAL INDUSTRY CONVENTION</title>
<page.no>553</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>553</page.no>
<time.stamp />
<name.id>KAL</name.id>
<electorate>TASMANIA</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">WARDLAW, Robert</name>
<name role="display">Senator WARDLAW</name>
</talker>
<para>- The question that I direct to the Minister for National Development relates to a question that was asked by <inline font-weight="bold">Senator Laught</inline> last Thursday, in which he directed the Minister's attention to a statement that had been made by the National Electrical Industry Convention at Canberra recently, pledging its support for the Government's policy of expansion and increased production at the rate of <inline font-style="italic">2$</inline> per cent, a year for the next three years. In view of the expressed policy of the Government substantially to increase secondary industry production for export purposes, will the Minister arrange for the officers of the Department of National Development and the Department of Trade to make a survey of industries manufacturing products suitable for export? Will the Minister ensure that they will seek the full cooperation of manufacturers both in the matter of presentation and of quality, so. that the prices of the goods exported will be such that they will be able to compete overseas with similar goods produced elsewhere, even if to do so necessitates the manufacturers spreading a part of the cost over the balance of their production ? </para>
</talk.start>
</speech>
<speech>
<talk.start>
<talker>
<page.no>553</page.no>
<time.stamp />
<name.id>K7A</name.id>
<electorate />
<party>LP</party>
<role />
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPOONER, William</name>
<name role="display">Senator SPOONER</name>
</talker>
<para>- I am aware that a good deal of work has been done at the departmental level in order to ascertain the ability of particular Australian industries to export from their present industrial potential, or the likelihood of their being able to do so if their industrial potential were increased. My colleague, the Minister for Trade, <inline font-weight="bold">Mr. McEwen.</inline> has made a number of requests to Australian manufacturers to become more export-minded and to seek out export trade for the national benefit even if by taking on export trade, they deny themselves the opportunity of obtaining local trade which might be even more profitable to them than export trade. Those are the general principles. The work is being carried on departmentally. The Minister for Trade has made the requests publicly. I do not. know whether he intends to submit particular proposals for the approval of the Government, but I rather suspect that he does. I do not know the extent to which they apply to the electrical industry. I hope that they do because, as I think I said last week, the policy enunciated in the statement made by the representatives of the electrical industry at their recent conference was very encouraging from the viewpoint of all Australian manufacturers. </para>
</talk.start>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>554</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>ATTORNEY-GENERAL'S DEPARTMENT</title>
<page.no>554</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>554</page.no>
<time.stamp />
<name.id>KSN</name.id>
<electorate>TASMANIA</electorate>
<party>LP</party>
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">MARRIOTT, John</name>
<name role="display">Senator MARRIOTT</name>
</talker>
<para>- Will the Attorney-General inform the Senate when it is expected that an announcement will be made concerning the appointment of a Deputy Commonwealth Crown Solicitor to take up duty in Tasmania? Have applicants for the position from outside the Public Servicebeen advised of the rejection of their applications? </para>
</talk.start>
</speech>
<speech>
<talk.start>
<talker>
<page.no>554</page.no>
<time.stamp />
<name.id>K6Z</name.id>
<electorate />
<party>LP</party>
<role />
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPICER, John</name>
<name role="display">Senator SPICER</name>
</talker>
<para>- This matter is at present in the hands of the Public Service Board, and I believe that a final selection will be made shortly. It is unlikely that any applicant has been informed of the rejection of his application, unless perhaps it was some one who obviously did not have the necessary qualifications. I do not know of any one whose application has been rejected, and as thematter is now in the hands of the Public Service Board it is unlikely that such rejections have been made. </para>
</talk.start>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>554</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>VICTORIA CROSS WINNERS</title>
<page.no>554</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>554</page.no>
<time.stamp />
<name.id>K7Y</name.id>
<electorate>WESTERN AUSTRALIA</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">TANGNEY, Dorothy</name>
<name role="display">Senator TANGNEY</name>
</talker>
<para>- Last week I asked the Minister representing the Prime Minister a question about the refusal of the application of two persons, one the brother and the other the son of deceased Victoria Cross winners, to join in the celebrations in London. In view of the early departure of Victoria Cross winners and their wives for London, can the Minister say whether any further consideration has been given to those two cases ? </para>
</talk.start>
</speech>
<speech>
<talk.start>
<talker>
<page.no>554</page.no>
<time.stamp />
<name.id>JZI</name.id>
<electorate />
<party>LP</party>
<role />
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">O'SULLIVAN, Neil</name>
<name role="display">Senator O'SULLIVAN</name>
</talker>
<para>- I regret that I am not in a position to give the honorable senator any information on those matters, but I shall get the information without any further delay. </para>
</talk.start>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>554</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>FORGED £5 NOTES</title>
<page.no>554</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>554</page.no>
<time.stamp />
<name.id>JYA</name.id>
<electorate>through Senator Critchley</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">O'BYRNE, Justin</name>
<name role="display">Senator O'BYRNE</name>
</talker>
<para>asked the Minister representing the Treasurer, <inline font-style="italic">upon notice -</inline></para>
</talk.start>
<quote>
<para>In view of the general scare which has arisen from the circulation of counterfeit £5 notes in one State, and which has caused the loss of thousands of man-hours by people checking every £5 note presented, will the Minister inform the Senate whether a fund could be set up out of the profits of the Note Issue Department of the Commonwealth Bank to stand the risk of a limited number of counterfeit notes, and thus restore to the community confidence in accepting the notes. </para>
</quote>
</speech>
<speech>
<talk.start>
<talker>
<page.no>554</page.no>
<time.stamp />
<name.id>K7A</name.id>
<electorate />
<party>LP</party>
<role />
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPOONER, William</name>
<name role="display">Senator SPOONER</name>
</talker>
<para>- The Treasurer has supplied the following reply: - </para>
</talk.start>
<quote>
<para>The proposal that the Commonwealth Bank should reimburse innocent holders of forged £5 notes has been fully examined, but it is considered that such action would be unwise; indeed it would be likely to encourage and make easier the operations of present and future forgers. It is always a major problem for the forger to distribute his notes, and if they were readily encashable this problem would be largely solved for him. Clearly the best way of overcoming present difficulties is to detect the forger, and any person who has information that might be helpful in this respect is urged to make that information available to the police authorities. The Commonwealth Bank has offered a reward of £1,000 for information leading to the apprehension and conviction of the person, or persons, making or uttering the forgeries. </para>
</quote>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>554</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>WAR SERVICE HOMES</title>
<page.no>554</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>554</page.no>
<time.stamp />
<name.id>K1T</name.id>
<electorate>QUEENSLAND</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">BENN, Archibald</name>
<name role="display">Senator BENN</name>
</talker>
<para>asked the Minister for National Development, <inline font-style="italic">upon notice -</inline></para>
</talk.start>
<list type="decimal-dotted">
<item label="1.">
<para>How many homes financed in any way by the War Service Homes Division reverted, for any reason, to the division in each State during the year ended 31st December, 1955? </para>
</item>
<item label="2.">
<para>In what manner were the homes reallotted? </para>
</item>
</list>
</speech>
<speech>
<talk.start>
<talker>
<page.no>554</page.no>
<time.stamp />
<name.id>K7A</name.id>
<electorate />
<party>LP</party>
<role />
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPOONER, William</name>
<name role="display">Senator SPOONER</name>
</talker>
<para>- The Minister for National Development, replied as follows : - </para>
</talk.start>
<list type="decimal-dotted">
<item label="1.">
<para>The numbers of homes which reverted to the division in each State during the year ended the 31st December, 1955 are as follow: - </para>
</item>
</list>
<para class="block">
<graphic href="007232195605084_3_0.jpg" />
</para>
<list type="decimal-dotted">
<item label="2.">
<para>The manner in which these homes were re-allotted or sold is set out hereunder but it should be noted that where it is considered that a home which reverts is suitable for reallotment to an eligible person action is taken to ensure that such persons are given priority. If sales of homes are not made readily then action is taken to obtain tenants. </para>
</item>
</list>
<para>New South Wales (4). - Three tenanted, one vacant (in process of sale to civilian). </para>
<para>Victoria (4). - Three vacant (two in process of sale to eligible applicants, one in agents' hands for disposal on open market). </para>
<para>Queensland (18). - One re-allotted to eligible applicant, five sold to civilians, eleven tenanted, one vacant (contract let for completion of repairs). </para>
<para>South Australia (1). - One sold to civilian. </para>
<para>Western Australia (2). - One sold to civilian, one tenanted. </para>
<para>Tasmania (1). - One sold to civilian. </para>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>GENERAL MOTORS-HOLDEN'S LIMITED</title>
<page.no>555</page.no>
<type>miscellaneous</type>
</debateinfo>
<para>SenatorKENNELLY asked the Minister representing the Treasurer, <inline font-style="italic">upon notice -</inline></para>
<quote>
<list type="decimal-dotted">
<item label="1">
<para>. What was the total of shareholders' funds held in General Motors-Holden's Limited as at the 31st December, 1955? </para>
</item>
<item label="2.">
<para>How much of this amount was held as (a) ordinary shares, and (b) preference shares? </para>
</item>
<item label="3.">
<para>What percentage of the total shareholdings is held as preference shares? </para>
</item>
<item label="4.">
<para>Is it a fact that, although all preference shares in the company are held wholly or mainly by Australians, virtually all of the ordinary shares are held by the United States company, General Motors Corporation? </para>
</item>
<item label="5.">
<para>What were the company's total assets as at the 31st December, 1955 (a) not including subsidiaries, and (6) including subsidiaries? </para>
</item>
<item label="6.">
<para>What were the total profits of the company for 1955? </para>
</item>
<item label="7.">
<para>What percentage of profit does this represent on the amount held in ordinary shares? </para>
</item>
<item label="8.">
<para>What sums were paid as dividends to (a) ordinary shareholders, and (6) preference shareholders? 9.. What percentages do these represent on amounts held in (a) ordinary shares, and (b) preference shares? </para>
</item>
</list>
</quote>
<speech>
<talk.start>
<talker>
<page.no>555</page.no>
<time.stamp />
<name.id>K7A</name.id>
<electorate />
<party>LP</party>
<role />
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPOONER, William</name>
<name role="display">Senator SPOONER</name>
</talker>
<para>- The Treasurer has supplied the folowing answer : - </para>
</talk.start>
<quote>
<para>The only information available to the Go vernment about the financial affairs of General Motors-Holden's Limited is that contained in public documents. Most of the information sought by the honorable senator may be derived from the company's published annual report for 1 955 and from the company's share register. If the honorable senatorhas not seen the company's annual report, I shall endeavour to arrange for him to be supplied with a copy. </para>
</quote>
</speech>
</debate>
<debate>
<debateinfo>
<title>QUESTION</title>
<page.no>555</page.no>
<type>Questions</type>
</debateinfo>
<subdebate.1>
<subdebateinfo>
<title>GOVERNMENT LOANS AND FINANCE</title>
<page.no>555</page.no>
</subdebateinfo>
<speech>
<talk.start>
<talker>
<page.no>555</page.no>
<time.stamp />
<name.id>KPK</name.id>
<electorate>VICTORIA</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">KENNELLY, Patrick</name>
<name role="display">Senator KENNELLY</name>
</talker>
<para>asked the Minister representing the Treasurer, <inline font-style="italic">upon notice -</inline></para>
</talk.start>
<list type="decimal-dotted">
<item label="1.">
<para>What was the amount of Commonwealth bonds which matured in 1954-55? </para>
</item>
<item label="2.">
<para>What percentage of this amount was converted into new loans? </para>
</item>
<item label="3.">
<para>What will be the amount of bonds maturing in the next financial year? </para>
</item>
<item label="4.">
<para>Does the Treasurer expect that withdrawal of Government support for the bond market will lead to a considerable decline in the percentage of bondholdings which may be converted into new loans? </para>
</item>
<item label="5.">
<para>What were the amounts invested in shortterm and long-term securities respectively in the last three loans raised by the Commonwealth ? </para>
</item>
<item label="6.">
<para>What were the periods and interest rates for long-term and short-term loans in the years 1948-49 and 1955-56 respectively? </para>
</item>
</list>
</speech>
<speech>
<talk.start>
<talker>
<page.no>555</page.no>
<time.stamp />
<name.id>K7A</name.id>
<electorate />
<party>LP</party>
<role />
<in.gov>1</in.gov>
<first.speech>0</first.speech>
<name role="metadata">SPOONER, William</name>
<name role="display">Senator SPOONER</name>
</talker>
<para>- The Treasurer has supplied the following answers: - </para>
</talk.start>
<list type="decimal-dotted">
<item label="1.">
<para>£280,300,000. </para>
</item>
<item label="2.">
<para>88.7 per cent. </para>
</item>
<item label="3.">
<para>£258,600,000. </para>
</item>
<item label="4.">
<para>The National Debt Sinking Fund and the Commonwealth Bank are continuing to make large daily purchases of Commonwealth securities on the market. It is not correct to state that Government support has been withdrawn from the bond market. The Prime Minister made a full statement on this matter in the House on the 8th March and explained that Commonwealth Bank purchaseshad been reduced from abnormal to normal levels but that there hadbeen no change in the buying policy of the National Debt Sinking fund. The amount of bondholdings maturing in 1956-57 which will be converted into new loans will depend primarily on the terms and conditions for the new loans. These will not be determined <inline font-style="italic">by</inline> the Australian Loan Council until shortly before each loan. </para>
</item>
<item label="5.">
<para>The last three public cash loans resulted as follows : - </para>
</item>
</list>
<para class="block">
<graphic href="007232195605084_4_0.jpg" />
</para>
<list type="decimal-dotted">
<item label="6.">
<para>1948-49 - Short term 2 per cent. for three years at par; long term 3 per cent. for eleven to fourteen years at par. 1955-56 - short term 3 per cent. for one year at £99 15s.; long term 4 per cent, for ten or fifteen years at par. (Note. - Securities to be issued in the loan due to open on the 10th May bear interest at 33 per cent, (maturing August, 1957) and 5 per cent, (maturing April, 1963). In each case the issue price will be £99 10s.) </para>
</item>
</list>
</speech>
</subdebate.1>
</debate>
<debate>
<debateinfo>
<title>PRINTING COMMITTEE</title>
<page.no>556</page.no>
<type>miscellaneous</type>
</debateinfo>
<speech>
<talk.start>
<talker>
<page.no>556</page.no>
<time.stamp />
<name.id>K3O</name.id>
<electorate>SOUTH AUSTRALIA</electorate>
<party />
<role />
<in.gov>0</in.gov>
<first.speech>0</first.speech>
<name role="metadata">BUTTFIELD, Nancy</name>
<name role="display">Senator BUTTFIELD</name>
</talker>
<para>- I present the first report of the Printing Committee. </para>
</talk.start>
<para>Report read and - <inline font-style="italic">by leave</inline> - adopted. </para>
</speech>
</debate>
<debate>
<debateinfo>
<title>COMMONWEALTH ELECTORAL BILL 1956</title>
<page.no>556</page.no>
<type>bill</type>
</debateinfo>
<para>Motion (by <inline font-weight="bold">Senator</inline> McCALLUM agreed to- </para>
<quote>
<para>That leave be given to bring in a bill for an act to amend the Commonwealth Electoral Act 1918-1953 for the purpose of omitting the provisions relating to compulsory voting. </para>
</quote>
</debate>
<debate>
<debateinfo>
<title>FISHING INDUSTRY BILL 1956</title>
<page.no>556</page.no>
<type>bill</type>
</debateinfo>
<para class="block">SECOND Reading. </para>
<para>Debate resumed from the Srd May <inline font-style="italic">{vide</inline> page 540), on motion by <inline font-weight="bold">Senator Spooner</inline> - </para>
<quote>
<para>That the bill bc now read a second time. </para>
</quote>
<para>
<inline font-weight="bold">Senator</inline>
<inline font-style="italic">KENNELLY</inline>(Victoria) [3.36J. - This bill is most interesting because under it the Government seeks power to set up a fund into which will be paid the moneys received from the sale of the assets of a whaling station which has been run profitably by this nation since 1949. Certainly, one cannot complain at the Government's intention to help in the development of the fishing industry of Australia. The States have played their part locally in providing harbours and so on ; but I should imagine that the proposed assistance is to be given to what is known as deep-sea fishing. The Labour party has not now and never has had any objection to helping in the development of any industry at all, especially a primary industry. But we are worried about this bill because we believe that the alleged purpose of assisting in the development of the fishing industry is only a camouflage being used by the Government to divert the people's interest from the sale of the whaling station. </para>
<para>The bill states, in effect, that no help can be given to the fishing industry unless the money comes from the sale of a station. No one could have any objection to the Government's helping to develop the fishing industry, but, surely, the Government cannot possibly be serious when it says that a whaling station that has been so successful since its inauguration in 1949 must be sold before the Government can discharge its palpable duty in this respect. Surely, the Government does not mean to tell the people that no help can be given in the development of the fishing industry of this nation, an industry that can be of tremendous importance in balancing our payments, unless the requisite money is obtained hy the sale of a very successful whaling venture? For that reason we on this side are convinced that the establishment of a Fisheries Development Trust Account as proposed under this bill is a device adopted by the Government to divert the mind of the people, at least of Western Australia, if not of other parts of the Commonwealth, from a transaction which, to say the least, has not been as open as every one would have liked. </para>
<para>Let us trace the history of these transactions. Questions have been asked in this chamber and in another place during many months relative to the sale of this whaling station. Any one who has taken the trouble to read not only those questions but also the answers to them can only say that the answers have been most evasive. The Minister for Trade <inline font-weight="bold">(Mr. McEwen),</inline> in his secondreading speech on the bill in another place said that officers of the Department of Trade had interviewed quite a number of people in connexion with the proposed sale. Would it not have been more open if tenders had been called not only in this country but also throughout the world for the purchase of this enterprise? Is not that the usual practice in the sale of government instrumentalities or other government transactions? Does this follow the pattern of the Commonwealth's interest in Amalgamated Wireless Australasia Limited or in the Commonwealth Oil Refineries Limited? Is it the forerunner of the sale of other profitable assets of the people. Is this the forerunner, for instance, of the sale of the Commonwealth's interest in TransAustralia Airlines? </para>
<interjection>
<talk.start>
<talker>
<page.no>557</page.no>
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<name role="metadata">VINCENT, Victor</name>
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<para>- Who said it was profitable ? </para>
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<page.no>557</page.no>
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<name role="metadata">KENNELLY, Patrick</name>
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<para>- It is most surprising to hear a suggestion from a senator who comes from Western Australia that it is not profitable. It would seem that he has taken little or no interest in this whaling venture. </para>
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<page.no>557</page.no>
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<name role="metadata">VINCENT, Victor</name>
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<para>- I am talking about Trans-Australia Airlines. </para>
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<page.no>557</page.no>
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<para>- We will deal with that in a moment, too, if my friend wishes it. </para>
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<page.no>557</page.no>
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<name role="metadata">HENTY, Norman</name>
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<para>- I rise to order. I direct your attention, <inline font-weight="bold">Mr. President,</inline> to Standing Order 419, which says that no senator shall digress from the subject of any question under discussion or anticipate the discussion of any subject which appears on the notice-paper. I direct your attention to the fact that item No. 2 on the notice-paper refers to the Whaling Industry Act Repeal Bill 1956. </para>
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<page.no>557</page.no>
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<name role="metadata">PRESIDENT, The</name>
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<para>- It is only a passing reference, and the senator is not <inline font-style="italic">out of order</inline> yet. </para>
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