PROFITS AND WAGES.
WHAT THE PEOPLE MUST BE TAUGHT. | DEALING WITH MONOPOLIES. A FEDERAL MEASURE. By Telegraph.— Pres3 Association.— Copyright. (Received October 19, 11 a.m.) MELBOURNE, This Day. In the Federal House of Representatives, Mr. Hughes, Acting-Prime Minis- ! ter, moved the second reading of the Constitution Alteration Bill (dealing with trade combines and monopolies). Mr. Hughes said the proposed alteration would not lead to unification. The Federal compact required two powers — National and State; the Federal Parliament wanted all the powers that were really national. It was essential that it should govern commerce. It ha& been thought that Parliament had the power to govern monopolies, but it had been found that it had not. Australia was not going to sit idle regarding this greatest danger of modern days. It -was not reasonable to raise the standard of living, and leave tie people in the hands of those powers that could fix prices. •Twenty-nine monopolies had come nnder the notice of the Government. They would have to teach the people that profits as well as wages must be susceptible to legislation.
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Bibliographic details
Evening Post, Volume LXXX, Issue 95, 19 October 1910, Page 7
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180PROFITS AND WAGES. Evening Post, Volume LXXX, Issue 95, 19 October 1910, Page 7
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