Drastic Credit Restrictions Hit Australian Banks
Sydney March 7 drastic credit restrictions and cutbacks on overseas travel allowances were ordered by the Commonwealth Bank. Letters of credit to the United Kingdom are capped at stg 500 with a stg 100 limit for travel on the Continent. A bank spokesman said the move anticipates government measures. Retailers importers and travelers criticized the bank for creating chaos by acting early.
MENTIONED IN THIS ARTICLE
Sydney
Commonwealth Bank
Central Banking Authority
United Kingdom
Commonwealth
Baid i Sydnay
Diate
Imperia
Aking
Elena
Ion
Necmaary
Agecomin
Coomera
Canada
Zapan
Peru
Travel restrictions and banking actions outlined by Commonwealth official
The Commonwealth Bank and government officials discussed travel restrictions and letters of credit, noting restrictions on overseas travel and funding limits. Dr Coombes indicated bank support for orders, while statements highlighted health travel needs and potential allowances.
New Commonwealth import controls spark concerns in Queensland
Brisbane reports outline new import license restrictions aimed at curbing costly trade and defending overseas reserves. Officials cite safeguards against genuine traders and credit limits, noting Queensland faces potential disruption across several lines while the state’s economy remains vulnerable to disruption and price shocks.
MENTIONED IN THIS ARTICLE
Brisbane
Sm Brisbane
Wens Rothing
Wits
Queensland
Carpet Spread on Station Platform for Korea Airmen
Mar 7 report notes Lieutenants Co Whessley of Brisbane and J Salthou of Selbourne on 26 days leave while the rest of their unit refits in Korea. The piece recounts a long mission tally and notes a sortie record. details are garbled but indicate aircrew stationed abroad and a celebrated performance.
MENTIONED IN THIS ARTICLE
Korea
Antitiale Aere Tran Coor
Pial Cor Tee
Fhimrs Lieutenanis Co Whessley
Brisbane
Yd J Salthou
Selbourne
Baan
Syaney
Pearly Three Cmunhy
Wheatsey
Hundreds Hurt At Skating Show In Britain
A chaotic skating show in Britain leaves hundreds injured as crowds surged forward and emergency crews rushed to the scene. Details remain sparse as investigators review the incident and patients are treated for injuries.
Victorian Queen's Prize race result reported with scores
Melbourne reports the Victorian Queen's Prize where Willammown won and scored 103 points for the original, while other riders like G. Parrin Downs and J. Peerin Downs placed in the top ranks. The day featured fluctuating scores and a strong finish by Willammown as the season advances.
MENTIONED IN THIS ARTICLE
Melbourne
Het Partar
Boyneaide
Prise S'Willammown
Paris
Patie
G. Paria
Barling
Presidents plea for wartime aid to free nations
President Truman called on Congress to approve a full year’s funding for military equipment and raw materials to aid free nations. He argued strong allied effort could prevent future war and leave a priceless peace for children, noting a five percent rise in output and urging a united front to stand firm with friends.
MENTIONED IN THIS ARTICLE
Samme
Congress
Ics
Sam
Truman Seid
Allied policy shift in truce talks aims to break deadlock
War desk report outlines a potential change in Allied policy during truce talks. General Morgan and Admiral Joyehet discuss options in Tokyo after negotiators flew from Korea for a preliminary review. Officials expect new approach to ease the Armistice stalemate.
MENTIONED IN THIS ARTICLE
Tokio
Mogeny
United Press
Joyehiet
Wallone
Framamjon
Munem
Easitor
Comforts Fund For Servicenex In Rome Event
A relief fund in Rome is planned to aid Comforts and welfare efforts. The commission outlines fund setup steps, coordination by local leaders, and timing for a public call to action at a designated meeting. Local groups will mobilize toward supporting needy families and ongoing aid programs.
MENTIONED IN THIS ARTICLE
Canmemha
Te Comforts Fund
Waihtaang
Air Arm Advances Influence Submarine Operations
London reports outline air arm advantages and submarine support, highlighting extended underwater endurance via new oxygen and air supply methods. Experts discuss catapult use and carrier-based aircraft integration, noting costs, production delays, and potential impacts on naval strategy and industry pricing.
Resignation and Vacancy Create Political Upheaval
The article reports a resignation by Mr Laycomibe, aged six in gr. Fisted, citing inability to continue Miniverval work. Premier V C Gar faey offers to lighten duties, sparking speculation over who will replace ministers. The piece notes the Labor government’s fragile hold as local governance battles potential shifts.
MENTIONED IN THIS ARTICLE
Laycomibe
V. C. Garfaey
Cabinet's Sincerity Over Sugar Price Questioned
In Bundaberg on March 7 Ben Foley chairman of the Australian Cane Growers' Association said the sugar industry shows strong will to prevent abortage of an essential food. He attended the association's annual conference and the Queemdand Cane Growers' Council, presiding over discussions on price policy this week amid food supply concerns.
MENTIONED IN THIS ARTICLE
Bundaberg
Australian Cane Growers’ Association
Ben Foley
Foley
England Debt Policy Will Shape Global Economy Says Mendes
Mr Mendes spoke about today’s spending as a step toward future reforms. He warned of far reaching effects on England and the world, noting Britain must pursue solvency and stability with careful government action to avoid economic problems.
MENTIONED IN THIS ARTICLE
Palleley Witout
Long service leave approval for employees
The State Labour Caucus approved an arbitration agreement providing for 13 weeks' leave for employees after 20 years of service. The dispute includes issues over victimization and nearing 20 years of service. The entitlement will be made retroactive with payments for the weeks earned.
MENTIONED IN THIS ARTICLE
Brisbane
Wer
Taouy
Surmal
Cane Growers Association Telegram Over Price Fight
The Cane Growers Association expressed strong disappointment after a price adjustment request failed. A telegram sent to the Prime Minister warned of serious consequences from rising costs and unfavorable seasonal conditions. The growers urged action to prevent further adverse effects on corn supply and farm income.
MENTIONED IN THIS ARTICLE
Fey
B . Mensiegl
Mng
Siick
Egistering
Stim Yoimment
Indus
Inter State Growers Appeal Over Potatoes Sale
The appeal by Inter State Growers and inspector actions concerns a sale of potatoes by Mr A Hitrasell. The matter involves marketing boards, inspector questioning, and contract terms from 1360. References include New South Wales and Queensland elements, with emphasis on regulatory provisions and breach handling.
MENTIONED IN THIS ARTICLE
A. Hitrasell
Potats
Bose Conic
Mingietrate
Wales
Semis Coy
Nod Garlick
Bresell
Potnia Marketing
Clectrix
Quesnsand
Eccamaersitn Conall
South Wales
Jennnes
Watersiders Wrestle With Ship Delays At Melbourne
The Melbourne stevedoring scene faces disruption as vessels listed to arrive before Tuesday face uncertain schedules. A surge of back-up crews and cutbacks in weekend work spark talks of penalties, while stevedoring workers await board statistics and industry guidance. Local SE representatives refuse rostering eight extra hours amid compliance tightrope.
MENTIONED IN THIS ARTICLE
Wren
Soviet Budget Raises Military Spending Sharply
The Soviet Budget proposes military expenditure of 113,800 million roubles, up from 96,376 million last year and 79,400 million the year before. The budget notes the arm expenditure share rising to 14.5 percent, with Stalin not at the session. A clerk from the budget section is mentioned in Moscow’s coverage.
MENTIONED IN THIS ARTICLE
Moscow
A.a-P
Fauter
Mon Sina
Belin
Lenin
Washington
Marn
Galen
Eam al Sean
United Tates oWeralt
Dienet
Canberra
Dioit Rintes
Rem
Melbourne
Commonwealth to Pay Rates on Commonwealth Property
The Commonwealth Government announced it will continue to pay rates on land or property used exclusively for Commonwealth purposes. Local authorities will receive rates equivalents on Commonwealth property used for official functions, with payments covering sewerage and electricity services supplied by local bodies.
MENTIONED IN THIS ARTICLE
Canberra
Commonwealth Government
Naa
Yates Am
Puupares
Sir Arthur Faddear
Tim Organicalians
Tislo Wat
NEW OM TALKS AT TEHERAN
Persian government officials and international bankers held talks on the oil situation amid negotiations. Roy Henderson and Garner, vice president of the international bank, discussed potential solutions with Tehran and Washington contacts.
MENTIONED IN THIS ARTICLE
Teheran
Boushiciy
Roy Hengerson
Mos
Secord
Garner
Inernational Bank
Eemamh
Washington
Japanese Prime Minister Comments on Treaty Prospects
Prime Minister Shigeru Yoshida spoke to the Budget Committee about a proposed treaty with nationalist forces amid fears of provoking a war with communist China. He warned against external interference and stressed Japan’s commitment to avoiding a confrontation that could trigger a broader conflict.
MENTIONED IN THIS ARTICLE
Tokio
IAAP
Mau
Me Shigeru Yoshida
Apap
Emul Af
Japan
U Home
Formas
Ad Jy
No New Ambassador To Moscow Warning Arises
An official note states no new ambassador to Moscow will be appointed. Restrictions on Soviet embassy movement are debated, with potential reprimand for Australia’s ambassador Watt who leads the Eternal Attache Department. Government sources downplay decisive action while noting tension in diplomatic channels.
National Service Training in Brisbane Reveals Large Recruits
The report describes a national service training event in Brisbane with hundreds of recruits assembled high above the river. Governor General Lavarack inspected the parade as Australian servicemen supported a mass drill demonstration. Officials forecast further enrolments through early April with air force trainees to move to Amberley and Wacol camps.
MENTIONED IN THIS ARTICLE
Brisbane
Rami
Ut Roy
Mac
Air Soht Lavarack
Ares
IMC
Urior
Amberley
Helldon
Toowoombe
Seren Warner
Wacol
Pinay Invested 48 New French Prantee Farib
Fragmented report mentions Antoine Pinay and a government prime minister role with references to party acts and assembly actions. Readable segments indicate a political context and votes affecting Britain’s government, but details are garbled.
MENTIONED IN THIS ARTICLE
M, Pinay
Farib. Mar
Aurpnee
Hevauae
de Catish Tevele
Tur Md
Ageia
Also Mentioned on This Page
Walt
Coombes
Wolfing
Plszaire Traveliery
Ibe
Ingaoa
Bre
Este 100
Australia
Omicini
Ge Commonwealth
Frevest
Britain
Sturgben
Peci
Traman
Baltimore
Peeramen
Indore
Vicina
Poreion
Mer
Aap
Comforts Fund For
Servicenex
Rome
WAVAL
London
Dar Tuomas Satal
Mr. Foley
Climan Wens
Commie
Thomas
Smagez
ME Miondax
Pitas
EL Wee
Horever
EJ. ‘Walsh
Wae
Fish Res
Wean Almieibt
Moan
THE
A.c.gc
tAmotm Caucus
Solveig
Fuller Court
Messrs
I. A. He
P. McHenry
LJ Mc. Pailiip
Wevastates
Random
Aad
Wien
Watersiders Wale
Stalin
Sutpre
Union Aftale
Malta
Strikers Nemonstration
Valetta
Wite World Bank
Formosa
Auetralia
Risaiaa Gov- Yeprewwat
Cali
Ochv
Asatralian
Sra Watt
Attelre
Minntars
Banbere
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