Bank Demands Wage Cuts to Back Government Aid Plan
The Commonwealth Bank Board refused to back the Federal Treasurer's rehabilitation scheme unless wages salaries allowances pensions and social benefits are reduced. It agreed to cooperate only after a national emergency plan is reviewed with the banks and a three year emergency program is adopted to cut costs and restore employment. London and Australia await details of negotiations and possible new economic measures.
MENTIONED IN THIS ARTICLE
Commonwealth Bank Board
Australia
Bank Board
Commonwealth
Podrilus
Bla Ouse
Economiata
Hansard
Gertlin
Theodore dQhe Ceomler
Pyhey
de Salatory Slater Wis
Wil
Ale Jamesn Mitchell
Commonwealth Bank
Banka
Snowden Speech Shakes Britain Stocks and Sterling
The speech by Phillip Snowden unsettles Britain’s markets and raises questions about financial reform. Economists note wavering investor sentiment as labor politicians react, with debate focusing on the potential impact on the economy and currency.
MENTIONED IN THIS ARTICLE
Thorrsilys
New York
Phillip Snowden
Swewden
Phillip Bowen
Lemporns
Blunder Seen in Sheep Skins Duty Abolition Expected
Melbourne reports that Parliament will likely abolish the sheepskins duty as one of the first measures when resumed. The Federal Government is believed to view the duty as a blunder.
MENTIONED IN THIS ARTICLE
Melbourne
Labourites Meet To Discuss Speech Referendum
Labour Party consultative committee summons Parliamentary Labour Party meeting for Tuesday afternoon. Mr Tamsay MacDonald and Mr Snowdes to attend. Independent Labour Party group plans to refer the speech to council for a campaign if wages fall or dates rise. Sir Oswald Mosley calls the speech a national starvation diet policy worn thin.
MENTIONED IN THIS ARTICLE
Labour Party
Tna
Parliamentary
Tamsay MacDonald
Snowdes
Independent Labour Party
Jill Council
Qewall Mosley
European interest voices call for oil wage reforms
A London speech by Mr PAMN Browden circulated on the Continent sparks concern. Reports say Mr Hamay MacDonald may pursue similar steps to Herr Bruening, cutting oil export earnings by excluding workers and raising wage tensions.
MENTIONED IN THIS ARTICLE
London
Pamn Browden
Hamaay MacDonald
Hruening
Banking Attitude to Theodore Plan Seeks National Recovery
Conference of Commonwealth date premiers and treasurers discussed Mr Theodore’s interview with the Board of the Commonwealth Bank, urging wage cuts and fiscal measures to restore prosperity. Proposals included budget restraint, employment council, and bank-government cooperation, with mixed votes and no final decision.
MENTIONED IN THIS ARTICLE
Commonwealth
Treasucra
Wsurer
Me. Theodore
lMomwealth Tank
Resulu
Board of Disrertars
Mter
Robert Gigson
Thealars
Theodore
Hankard
Australia
Rae
Rome
Ate
Robert Gibsons
Enange
Victoria
Dlagson
Janes Mitchell
Western Australia
Lang
New South Wilesh
Vial
Vers
Banka
James Mitchell Gain
Hogan
Alr
James Mitchell
States
Waerka
Horan
Jones
Sesson
Special Meeting of Federal Cabinet Scheduled Ahead of Caucus
A special meeting of the Federal Cabinet has been summoned to occur before the Federal Caucus gathering next week, signaling key government discussions ahead of the caucus.
Severe earthquake hits New Zealand Hawke's Bay area
The Hawke's Bay region suffered a powerful quake disrupting Napier Hastings and Wai Pukurau communications. Wellington residents felt violent tremors with people fleeing streets as buildings reportedly collapsed in Wanganui and Hastings while news remained scarce about damage and casualties. Walls crumbled at Hastings and Napier but no fatalities confirmed. Power outages hit Waikuri Moana after earlier restoration.
MENTIONED IN THIS ARTICLE
Wellington
Hawke's Bay District
Napier
Hastings
Waipukurau
Elyin Wangan
Tiwerrurgill
Bouth
Ima
Taro Travince
Oat Chinedin
Laverecarcill
Cromwell
Arrowtown
Biz
Tt Wasfrat
Wangan
Messager
Waikurimoana
Na Pier
Tikekohe Valley
Liberal Unemployment Plan Urges National Development Motion Carried
In Commons Sir Herbert Samuel introduces a Liberal motion urging a broad development scheme to tackle unemployment and mobilize work. Ramsay MacDonald backs the government plan as Lloyd George frames it as a nudge to action. The motion passes without a division.
MENTIONED IN THIS ARTICLE
London
House of Commons
Herbert Samiel
Liberal Party
Ramsay MarcDonald
Britain
Herbert Samuels
Lloyd George
Private Pool For Under Quality Wheat Financing
The Farmers and Graylers' Co operative Grain Company completed arrangements for a second wheat pool to handle inferior quality wheat through the Commonwealth. An advance of ninepence a bushel will be paid with other payments to follow during the pool’s currency. The wheat will be eligible for a bounty of eightpence upon all wheat exported.
MENTIONED IN THIS ARTICLE
Sydney
Farmers and Graylers’ Cooperative Grain Company
Commonwealth
Earthquake Shocks Hit Sydney Observatories Report
The Sydney observatory and meteorological stations logged strong tremors from the New Year quake near Sydney. A major aftershock fractured oscillation readings, with violent shaking reported and widespread house damage across the region. Authorities note the quake aligns with previous fault activity, though exact epicenter details remain tentative.
Berlin raids target Nazi members amid arrests and searches
Berlin conducted surprise raids on Nazi party offices and homes in pursuit of evidence supporting alleged plans to cross the frontier. Provisional arrests were made, with houses searched and individuals taken into custody as authorities pursue suspected collaboration with the Aiderites.
MENTIONED IN THIS ARTICLE
Berlin
Toliee
Ningie
Jenn Uy Lerries
Oniing Bowers
Evidenes
Evidenes To Support Strong Belief That the Aiderites
Geembers
Erkines
Canberra Center Aims for Southern Tablelands Swimming Hub
Canberra Amateur Swimming Club seeks to make Canberra the regional center for swimming by forming a Southern Tablelands District Swimming Association with headquarters here. If formed, district championships would be decided at Canberra, as the club advances plans. The administration also restricts pool access to members on Wednesday evenings and to swimmers in instruction on Monday and Thursday evenings.
MENTIONED IN THIS ARTICLE
Canberra
Heavy burden of unemployment fund drives borrowing rise
Amid grave warning on finances, a special resolution raises unemployment fund borrowing during the deficiency period from £20,000,000 to £290,100. Excluding accrued interest, the weekly debt stands at £960,000 under the fund.
MENTIONED IN THIS ARTICLE
London
Phillip Snowden
Tite
Trust the People Facing Political Crisis in Australia
The Times notes debate over Bevington Lyons and Fenton support as crucial to restoring public confidence. It argues Mr Lang’s plan lacks details and that Mr Roullin hesitates to push internal party action, fearing loss of trust amid tight finances and broader public concern.
MENTIONED IN THIS ARTICLE
London
the Times
Lang
Theodore
Victoria
South Australia
Breneh
A W U Convention Counters Strike Plans
The A W U Convention instructed delegates to back the All Union Congress policy and pursue direct action. This deal marks a heavy blow to the strike plans of the A C T U and the Labour Council.
MENTIONED IN THIS ARTICLE
Sydney
A.W.U
All Union Congress
A.C.T.U
Labour Council
Seamen Demur At Prospect Of Ten Per Cent Cut
Sydney seamen refused to sail when warned of a ten per cent reduction in wages and cut to data fees. The crew opposed the owners demand and staged a strike after threats to enforce the change.
MENTIONED IN THIS ARTICLE
Sydney
Prius
Edo
World’s Largest Trade Exhibition Opens in London and Birmingham
The two giant fairs in London and Birmingham begin on Saturday and run until February 27. Buyers arrive in record numbers from around the world. Exhibitors showcase many new products catching global interest.
MENTIONED IN THIS ARTICLE
Thysii
London
Birminghoas
Slandony
National employers body cites Britain’s high production costs
The National Confederation of Employers' Organisations forwards to Parliament a statement arguing that Britain’s high production costs and unemployment require policy changes. It calls for reducing unemployment benefits, reviewing government and local authorities, exporting industry support, and a national economy committee to cap social service spending. It compares Britain with Germany France and Italy on costs.
MENTIONED IN THIS ARTICLE
London
Thrarsday
National Confederation of Employers’ Organisations
Messrs. MacDonald
Stanley Baldwin
Lloyd George
Loral
USA
Firiteam
Germany
France
War Debts Mystery Shrouds London Talks
Report on war debt negotiations between Mr Scullin and Downing Street remains opaque. Officials acknowledge limited knowledge of Commonwealth Imperial Treasury talks and possible direct talks between British and Australian premiers to bypass standard inter official channels.
MENTIONED IN THIS ARTICLE
London
Also Mentioned on This Page
Lery
Nationalist
Boullin
Senate
England
Committee of Experia
Mr. Lang
Snowden
Europe
Commonwealth Tank Houwrd
Keeny Howrd
Plana
Hank
Inchange
Eversea
McPhee
Tasmania
Feder
AJL
N.Z
South Island
MacDonald
Rvuney
Father Cleary
Hiverview
Pl&o
Oba Vitary
Ayes Aeservatory
Southern Tablelands
London Advice
MR. Scullin
World Service
Austria
New Zealand
Ars We
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