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[8 SEPTEMBER, 1932.] 495 arrve tile mnotion in sulch t total that xvi! I The ATTOWtNEY GENERAL: Yes. &liable ius to deal with other section., or the Subject to Your ruling, Mr. Speaker, T Act. consider the short title of the Bill is ex- actly equivalent to the short title in other THE ATTORNEY GENERAL (Hon. orders of leave already obtained from the T. A. L. Davy-West Perth-in reply Hfouse. I dto not think it will li mit di, [2.30] : The same point was raised cussion any more thau will the other last year when the Government intro- orders. We desire the Act to be continued duced a Bill designed to continue the and that is all it means. If menmbers de- operations of the parent Act. The ob- sire to effect other amendments, they canl jection was raised that it should he openl t. introduce separate Bills and they will be Parliament to amend every section, but the givemi every facility. answver given then was that if anyone desiredl to move other amendments, they could in - HON. A. MeCALLUM (South Fremantle) troduce a sep~arate measure. The mnember [2:15] : 1 move anm iinett~- for Fremantle (Mr. S leemran) did i ntroilue That the words ''Section 2 off btrtek a Bill to amend other sections of the Act wuit if the order of leave. and the measure was discussed. That wvill give us an opportunity to move Mr. Sleman : I did not get failr with it. other amendments. As it is. the Attorney The ATTORNEY GENERAL; -Because General's proposal means the introduction the House disagreed with you. of two or mnore Bills where one could effect Mr. Sleeman: And that was bail luck the desired end. Why make two bites at for a lot of the tenants. the one cherry? The ATTORNEY GENERAL: That may Ansendinen t put and negatived. be0 so, but the point now is whether this Bill will enable members to amend ariy section Questionl Pust and passed. of the Bill other than Section 29. Mr. Sleemian: We should be allowed to lirsi Readivy. dIiscuss any part of the Act. Bill introduced and read a rs.t time. The ATTORNEY GENERAL: The hon. member wvill be able to do so. lo use ad o irn ed (it 2.40 a. a. (Thursday). Mr. Sleemnan : But it is useless discuss- ing other sections if we cannot ameond them. The ATTORNEY GENERAL: This is a Government measure and] we desire that the Act shall be continued for another year. Mr. Sleenian: Do you not think we Ilcgillative C-ouncil, shouild be allowed to improve it. Mr. Renneally: As that is the inten- Thursday, 8th Septembs er, 1932. tion of the Government cannot we move for the continuance in some other way!~ PAGE The ATTORNEY GENERAL: There is eave of Absence .. .. .. .. 405 day .. .. .. 408 no wicked sinister design behind the Gov- Address-in-rcply, seventh ernment 's intention. lMr. Kenneally: T.am not assuming that there is. The PRESIDENT took the Chair at 4.30 The ATTORNEY GENERAL; I think pin., and read prayers. that the probable explanation of the fact that the motion in this instance differs from those relating to the other Bills we LEAVE Or ABSENCE. have dealt with is that another draftsman On motion by Hor. H. Seddon, leave of framed the short title of the Bill. absence for six consecutive sittings granted Hon. P. Collier: Does Section 29 deal to Hon. F. W. Allsop on the round of ill- with the continuance of the Acts health. 496 496L[COUNCIL.] ADDRESS-IN-REPLY. overseas for primary products, was one of the first to feel its eff ects. By the samne token Seventh Day. I hope it will be one of the first to partici- LDebate reswnied from the previous day. lpate inl returning prosperity. The cyclone overwhelmed everyone, and brought in its HON. SIR CHARLES NATHAN (Metro- trail itotliing but poverty and distress. lpolitan-Suburbnn) [4.35) : In view of the Farmers naturally were the first to feel it, times through which we are passing, one's and in the alarm created by falling prices, views regarding the importance and value of could see nothing but ruin staring them in proposed legislation disclosed by the Gov- te face. The business and commercial -ernor's Speech and also by the Press would interests, although very much more re- naturally be based upon the assistance that strainled, were equally alarmed at the fall legislation might render to the return of in their securities, the depth of which could sound business and prosperity. In rev'iewv- [lot be properly appreciated. As the de- ing the position from this angle, I should prs~o becamte greater and greater, wesaw like to refer in passing to the remarks made the armly of unemployed tramping the streets by Mr. Drew last night, in which he -rather in search of work they could not find. Adopt- chlided those who make irresponsible state- ihe theory of business cycles, is there any- meents about our having turned the corner. one who would say that commodity prices Esteeming Mr. Drew as I do, and with no have not touched bottom? Once the climax desire to incur his displeasure or -rebuke, it is reached, are we not justified in looking mnay be well briefly to review the conditions for a trend upwards? Looking back over Of the last two years or so and contrast them the events of the last few months, are we with those existing to-day, and so by the not justified in believing that at last the comparison arrive at some conclusion ill downward trend has been stepped? I admnit which even the hon. member may find him- that the improvement is hardly perceptible. self able to concur. May I preface my re- Commodity prices have risen and fallen, then marks by drawing attention to the fact risen a little more and fallen again. Look- that economists the world over-and cmni- ing- over the events of the last few months, ntent economists A that-after years of re- I think almost ever yone realises that at last search have definitely classified business we have reached the bottom. If perhaps we -cycles as falling into four phases. They are have not quite turned the corner, we are at (1) great prosperity, in other -words a boom; least within measurable distance of doing so. (2) depression, of more or less intensity; It is quite true that the farmer's pos ition (3) stagnation, accentuating, of course, dis- is indeed. difficuilt. He has stilt to tress; end (4) steady recovery and healthy face months and perfhaps years of reconstruction. Numbers of people arc business, Accepting that definition as I do, still out of employment and the may I review the happenings of the past wrorls is th at tho number of two years, and in tracing the intervening w r]esto-day is greater than ever. period arrive at perhaps a more accurate That, I think, must he left to the period of perception of just where we are than would reconstruction, which, I believe, is within otherwise be the case, I do not propose to measurable sight. Once confidence is rn- deal with the unbroken prosperity which stored, opportunity will be taken by mnany for years was marked by high values and people to invest their capital in world's which Australia itself enjoyed. Trade and conmmodities, in which, at the moment, thay commerce were buoyant, funds were avail- have no confidence. The international COIL- able from our own resources and overseas ferenee at Lausanne, the importance of for Government activities, for business un.- which, I believe, is hardly recog-nised, dertakings, and for everybody's private re- marked a very mnomentous step indeed, lead- quirements. Above all there -was work for ing as I think it will to the final extinction everybody. Closer observation shows that of the world-war indebtedness. With that late in 1927 or early in 1923 the boom had Empire statesmen at Ottawa reached its zenith. The first indication ap- gathering of peared in the United States, when the heavy facing the extraordinarily difficult prob- financial clouds then gathering spread to lems, realisiag that on a satisfactory solux- Great Britain and, with cyclonic force,. over- tion of them depended the prosperity and -whelmeci the whole world. Australia being, happiness of the British Empire, cannot it n country primarily interested in the prices he seen that from the result of the confer- [S SEPTEMBER, 1932.] 497 ee this feeling of confidence emerges keeping with the taxcation of the other and will, I believe, grow? Satisfactory as States. I am glad to see that in the the result to the British nation must be, to Government's proposals, which we shall have me there is one g!reat feeling of satisfaction an opportunity of hearing in detail later, it in that the decisions reached at Ottawa do is suggested that taxation shall he increased. not in any way interfere with that friendly I hope the additional taxation may be so relationship, that exchange of business, with designed a6 to reduce the exemptions, create other nations which is so necessary if the a flat rate which will be applied to all, and, world itself, as a whole, is to get out of its by collection at the source, relieve many difficulties. Indeed, I believe that the lead people of the eniari-assient of having to given by Great Britain at that conference pay taxes in larger sums at more or less will help to restore sanity throughout the longer intervals.

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