NAURU AGREEMENT
BILL READ THIRD TIME IN HOUSE OF COMMONS VALUE OF TRANSACTION DISCUSSED By Teloeraph-PreßS Asaociation-OopyiigM (Rec. July 21, 8 p.m.) London, July 20. In the Houso of Commons, on the report stage of the Nauru Agreement Bill, tho Government made no attempt to reverse tho Standing Committee's decision to make the ratification of the agreement subject to Article 22 of the Covenant of the League of Nations. On tho third reading, Commander Dawes (Coalition Liberal, Southward) declared that the Government ought to have- bought the company's shares in the open market. Ho failed to sea how we were going to get G per cent, on the money. It ought nut to go forth that we were profiting largely under the guise of the mandate. Lieutenant Jlosley (Coalition Unionist, Harrow) thought that the Government had made a Ixul bargain, although someone had made a lot of money out of tho transaction.
Colonel' Wilson, for the Government, quoted figures showing thnt Australia would benefit to tho extent of fourteen shillings a tern on the phosphates, and New Zealand even more.
The Bill was read a third time l;y 116 votes to 31.—Renter.
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Dominion, Volume 13, Issue 255, 22 July 1920, Page 5
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192NAURU AGREEMENT Dominion, Volume 13, Issue 255, 22 July 1920, Page 5
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