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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Aug 24, 1950

Page

1

Dollar loan to aid Australian industry described by bank president

Bank president Eugene Black outlined a proposed dollar loan to finance Australia’s development program. He denied Whitehall interest in the loan and stressed strategic value, noting funds would back agricultural equipment, refineries, iron and steel plants, and hydropower. The measure aimed to expand capital equipment, stimulate mining and manufacturing, and improve energy facilities as part of broader development. The plan awaited approval and funding conditions.

Eugene Black Ceret Howe Australia Back Australie Black Autre Westol Sa Aor Sens Ee Seaalatiee En Prodinoi Peahen Fas Shean Paymenta Tan Shea Iyo Ance Ees Acran Inrypurte Thane Siertis Tor Amores Arce Godar Thad Asselan Seretcdott Eeatrain Ioan Mackie R. Black Ocinter Lauatrallee

Australia faces dollar emergency amid wartime trade push

Canberra reports a major government programme to expand imports and boost production, aiming to stabilize the economy. Prime Minister announces that earnings from capital goods will enter a working pool, linking to Britain and postwar demand while stressing the need to meet essential needs with dollar goods.

Australia Mencine Australle Vaasoe Antares Menelea Canberra Britain Stair Auscraila Rane Vines Veime Anable

Fadden Signals Australia to Tighten Dollar Use for Development

Acting Prime Minister Fadden told Canberra that Australia will maintain strict dollar economy. He said only essential development, equipment, and materials scarce from UK or other sources will be funded. Fadden outlined upcoming import procedures and bank participation to back new growth amid defence and production needs.

Canberra Fadden United Kingdom Incom Joan Dallare Br. Mensles Australis Australia Tonga Alrec Mrenent Asdiradia Drea Hattlaneris Etree Amd

Talks Before Loan Mark Historic Bank Accord

An Austrian ambassador and Eugene Black of the International Bank sign a landmark loan agreement ending short war era negotiations. Mr Jash prepares to embark on the Queen Mary to Paris for the annual Osvarere meeting. The event follows Prime Minister Mer Mention’s approval and includes key expert travelers aiding the negotiations.

Yentersay Austration -Avibaaaador Makin International Bank Eugene Black Jash Paris Osvarere Benk Thay Ware Mer Washingtom Tad Teen Axperta Boh

Australia plans sustained immigration policy drive

A 1945-founded banking commission discusses Australia’s long term immigration target of 200000 a year and capital expansion. It argues immigration supports development, lowers inflation pressure, and expands access to capital equipment while keeping external debt costs manageable.

Tosne Australia Dougian Commission Norm Canada Austell Hhrly Australie Breamire

Trade policy talks flag dollar import constraints in wartime

A government director and chamber official debate the urgency of limiting dollar imports to preserve essential industries amid shortages and disrupted supply lines. They cite sterling payments, plant equipment needs, and the impact on production as Britain’s war effort presses ahead.

Amocimeen Chaimber Manustecturan Wahnlt Ventvewringy Ueaf Gendt Iid Mt Sas Manly Australie Mont of Thone Reatnletimne

Menzies Warns of Global Communist Threat

Mr. Menzies described the worldwide spread of aggressive international communism as a grave danger. He said awareness rose in countries visited, including Australia, and urged free nations to deter expansion while warning against complacency in Korea and other hotspots.

Monsica Colin Australie Menzien Monmion Egara Australis Auselie Iorga Menaine Maid Ateategic Mr. Menzlen Ixorea Aimette Campalen Balieve Karem Australia Mount Tace Menaion Korea

Labour Divided Over Bill in Tumultuous Debate

Fragmented report depicts the Labour Party split over a proposed bill. References to the Federal Labour Party Opposition and Communist threat suggest internal disputes and party line battles. Names and precise positions are unclear due to garbled OCR.

A. Perquean Ael.c Jorday Uelbourne Trades Hell Council Federal Labour Party Enitedl National Ferrow MerguAnn CIM

Red Drive on Taegu Upset and Assault Expected

Front line reports say Communist forces fell back from hill positions near Taegu as South Korea and United States units pressed to block a major six division push. The 27th Regiment and South Korean brigades rout as they stormed ridges threatening the road to Taegu, while UN troops prepared for a feared Northern assault and continued to shell front lines.

South Kurea Wednesley Kcan MH Candiodatom Om Targu Kunwi-Taegu United States United Nations United Sestes Ing Crittens Seeareetrinaets Tae Renae Iorthern Rae Penaai Pohang Manent Pohang Airport Suri 97Th Regiment Sram Tan Haman Venient Mart Ove Pire le South

Red Firepower Diminishing In Korea War Updates

Reports from New York and Tokyo indicate fading North Korean firepower as Western forces recalibrate strategy in Korea. U S and South Korean troops bolster supplies and momentum, while Allied officials claim the tide is turning with greater American air and ground support and confidence ahead of renewed campaigns.

New York Korsane Apite Fone New War Times Waller Hla

Formosa Could Split Allies Warns Dewey On Formosa Rift

Governor Thomas Dewey warns that a Communist attack on Formosa could split unity between the United States and Britain. He urges Western Allies to unify Formosan policy to counter pending aggression and maintain allied coordination.

Ottawa Thomas Dewey New York Formosa United States Britain Filala Canyile Dewey Aleo

Army Chief Warns on Korea and Modern Weapons

Major General J F Fuller criticizes the pace of Korea policy in a stance shared with U S officials. He advocates modern mobile forces and advanced weaponry to counter threats. The interview reflects cautious U S view amid wartime pressure and strategic debates.

U.S. Army J.-F. Fuller Biritlan Muttacy Camamen- Thuan Us. Army Korea Independent United Btame News and World Report Myou Jaime Sicesehanee Pusan

Red Commander Surrenders Amid Turmoil

Unarmed Red Commander surrenders to Natens forces amid chaotic fighting. Accompanied by his chairman Erica, he signals a tense turn in the Southern front as Allied troops pursue losses and political shifts unfold.

Pere Uon Hie Cairman Erica Nerih Warrand

Also Mentioned on This Page

Sydnete Wovmenday Abr Mesiiies Bank Law Tog Maghtar Auateeliane & Long RED Menace Menzies Pena Labour Saegu Farin Toany Amelia Taeguimo Adoody Ieok John Michaelis U.S Hav Reuter Tony Americ Wival Meredith Red
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