23 Feb 1931
Page 1
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This newspaper page contains 33 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Feb 23, 1931
Page
1
Captain Ro F. Matthews returns to Sydney from Darwin after an unsuccessful attempt to fly from Australia to England. He will ship his plane to Karachi for a Karachi London record attempt after repairs, aiming to complete the trip in four days.
Saturday London reports wide political activity as Conservatives and Liberals debate leadership, finances, and strategy. Observers note Sir Oswald Mosley’s possible split and calls for new alignments amid budget tensions and party renewals.
London Saturday reports a sharp advance in tin prices with optimism that government approval will ease restrictive proposals. The Morning Post notes activity surged on expectations of policy changes and higher turnover, as exporters anticipate reduced output from participant countries.
The article notes Dame Melba’s strained condition and low spirits as she confronts challenges affecting her current season. Government and colonial office debates touch on production, export, and policy matters overshadowing the arts.
Anxiety rises in northern province over large Soviet troop concentration near Manchuria border. Observers fear intimidation of China as Sino Soviet Conference stalls on Chinese Eastern Railway control in Moscow. Chinese seizure of foreign cable offices spurs trade deadlock and hampers message traffic.
A London survey reveals Australian butter marketed as prime was actually second quality. Stores in the West End were found to stock only second grade Australian and New Zealand butter at 1 shilling 3 pence per pound plus a small fee, sparking protest by Sir George Fuller and likely to deter repetition.
France pins Schneider Cup hopes on aging ace Sad taecointe who, despite wartime gaps, set world speed and height records multiple times. Now chief pilot for a firm building France's 2200 horsepower Schneider Cup aircraft aimed at reclaiming the prize.
The Manitoba Legislature heard that provincial guarantees for bank advances to the western wheat pool total about 22.15 million dollars, with Manitoba responsible for 3.5 million, Saskatchewan 12.5 million, and Alberta 6.2 million. If prices stay high, pool assets may cover the liability.
A Sydney sourced notice reports Australian farmers wary of the Paris Wheat Conference starting Monday. Trade/industry figures question how the Soviet Five Year Plan will impact wheat markets and prices, amid broader concern over Moscow policy.
National sweepstake total reaches £370,000 as promoters aim to renew the fund with hopes of reaching £1,000,000 for hospital support.
Carlton's team defeated American star George Simpson in a 100 and 220 yard pair at the Athletic Park today. Carlton led with a 24 yard margin over Simpson in the 100. Alvinson performed notably in the 220 as a key contributor.
In Naphberg near Eschweller a firedamp explosion felled thirty-one miners. Fourteen injured, four in serious condition from gas poisoning. Forty pit ponies perished.
The Can- Tra Hall Soupely unit plans its annual meeting on Wednesday night. Formed twelve months ago, the group will host its event at the dodletye venue noting the year’s notable activities and community involvement.
The text cites Jean Parmentier discussing wheat farming, Monel efficiency, and a projected rise in Tig exports. It mentions a Young Plan framing expert touring Ree It and predicts disruption in global petrol markets as Germany faces supply challenges.
Fragmentary notes from Zeebrugge describe renewed Allied activity and a naval situation. The British commander and Canadian forces are mentioned amid unclear lines and warnings as observers await fuller details.
Fragmentary note discusses a compilation of overseas rights and publications. Mentions Hay and New England and references World Service material.
London market observers report signals of rate easing with several sources noting improved external conditions. Analysts say the outside market and banks are aligning with domestic expectations as Treasury operations influence exchange positions.
Sydney reports that Prime Minister Mr Scullin has summoned a special Federal Cabinet meeting in Canberra for tomorrow to discuss collapsed negotiations with the Commonwealth Bank. Beasley is not expected to attend.
In London on Saturday an official arrangement announced the Commonwealth will pay all 4,000,000 of short term Treasury bills by March 2. The move calmed fears of default and impressed investors, with Bank of England secrecy noted. Australian stocks recovered modestly as Commonwealth bonds traded between about 04.40 and 286/10, Victorian and New South Wales yields cited.
A prolonged meeting of Commonwealth and trading bank representatives with Prime Minister Scullin and Treasurer Theodore adjourned in Melbourne with no decision reached. The Prime Minister said there was full discussion with bank representatives and that further talks would occur on Monday.
A Sydney correspondent reports Mr Scullin and Mr Theodore are sidelined from a political picture. The piece hints at possible Labour reshuffles with Mr Lyons tipped to replace Mr Beul, signaling a likely ministerial change.
The Commonwealth Treasury confirms via cable from London that 5000 pounds debt maturing in March includes interest due in June. Substantial New South Wales interest is included in the overall debt summary.
A Canberra political analysis notes the Scullin Ministry nearing a critical hour as the ALP splits over Lang inflation policy. The party faces either enforcing tight economies or pushing banking legislation toward double dissolution while state federal executive tensions and a stalled Canberra delegation to Sydney hinder resolution. The Metropolitan conference is postponed to March 14 amid pledges to endorse repudiation policy.
London report shows New South Wales stocks selling at high yields with bonds redeemable at £80 and prices around £100 to £149 per share. Several issues yield over ten percent as investors seek large returns in the London market.
On Wall Street New York bonds advanced as Australian government loans moved forward. Five percent issues climbed 38 points while four percent issues rose 2 points. Queensland and other issues gained small margins as markets recovered from lows.
An interstate Australian Labour Party conference will be held in Sydney in three or four weeks to address a threatened split over policy. Six representatives from each state will attend as NSW Labour members debate whether the federal platform should bind all states or just those who adopt it.
Lord Harewood, formerly Viscount Taseedos, was thrown from a horse while hunting near Harewood House. He sustained a broken cartilage and was taken to Harewood House where a surgeon put in several stitches. He is now recovering.
Fragmented OCR notes describe a speech planned by Prince at an opening for the British Trade Exhibition in Buenos Aires. The text references difficulties, a broadcasting company, and costs, with several garbled terms and a tentative date in March.
Fragmentary report cites British soccer in London with mentions of teams, players, and matches but text is unreadable and details are unclear.
The fragmented report notes a flyer by Fairbairn leaving for Rome en route to Australia amid chaotic political alignments in Canberra. It mentions party factions, federal members, and Labour movement tensions affecting Western Labour era dynamics.
A Calexico dispatch to Excelsior reports a 3000-strong mob of hungry jobless peasants threatening to march on authorities and seal the city until food and work are provided. Police struggle to control unrest as shortages follow cotton field layoffs and rationing efforts attempt to aid sufferers.
A failed attempt to overthrow the government in Peru ends in violence with about sixty killed and rebels routed. Reports from Vancouver and Buenos Aires quote observers noting the insurgents were supported by local loyalists in the Villen Carnacion region amid unrest across the border.
Washington notes report the Senate approved a resolution urging the president to seek international action to stabilize silver prices and curb dumping on world markets. The measure, drafted by the War Relations subcommittee, links silver deflation to economic distress and proposes cooperation with Britain and others to support value.
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