28 Feb 1931
Page 1
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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Feb 28, 1931
Page
1
The Cowra produced advisory council passes a resolution urging the Governor to dismiss current advisors and rule Parliament so Australians may elect a truly representative body upholding the country's honor.
Ottawa farmers talk of a Soviet proposal to offer use of 1,000,000 dollars as part of a broader effort. Opposition grows as Mr Mackie represents Soviet interests and allies maneuver for influence.
London today reports rising tensions within the Labour Party as Prime Minister Baldwin, allied with the Mele faction, faces increasing unemployment pressure and criticism from within the government.
Reported exchanges involve farm equipment valued in dollars for coal and gold, with Nova Scotia Alberta British Columbia farmers warning the coal policy could ruin the spirits industry. Retailers protest to the Government as Saskatchewan farmers push for more farm machinery and a guaranteed agreement with the Soviet side.
Montreal reports discuss a hypothetical threat to Canada if Rus markets and exchange mechanisms are altered. Herbert Hall, president of the Royal of Canada, argues against Rulegian control of markets and cites risks to labor, agriculture, and lumber sectors.
Kempsey report notes Dr Page’s tour of the Count convinces him that North Wales may break away from South Wales. Lane opposes repudiation plan, warning it could ruin credit and cause damage.
Early fall of the Scullin Ministry looms after the Melbourne Premiers Conference inflation decision cast by Mr. Scullin. NSW Labour split widens with a straight out issue between NSW and national Labor. Parliament meeting next week may see a censure motion debated promptly with a doubtful survival outlook. Three NSW members plan abstention.
Sydney reports that at the Canberra Federal Caucus Mr. Scullin will move to exclude Beasley Eldridge Lazzarini Anstey and Senators Dunn Rae from the meeting. Graves says Beasley Lazzerini Eldridge Rae Dunn will return Wednesday and miss opening of the House. The move could threaten the Government if censures are pursued.
The interview highlights Mr. Theodore denying claims he supported a fiduciary currency. He argues the Senate would back the measure, defending fiduciary currency as sound banking practice backed by public confidence. He cites existing foreign examples and estimates Australia could issue up to £30,000,000 in fiduciary currency, with a proposed limit of £18,000,000.
A Financial News item under the title A Bratal Mistake argues the Australian economic situation tightens toward a political claim as Senate rejection of basic proposals delays measures. It notes costs cuts and tax revisions intensifying troubles and warns inflation fuels demand for currency stability.
Melbourne meeting at Trader Hall heard Ma TD Cameron say most delegates had no policy to present. Only three proposed a general strike lasting about a week. He criticized the Government for nine months in power, accusing it of failing to aid workers and of serving an elite of the working class. Mass meetings were urged to oppose wage reductions and war measures.
In the House of Commons a dispute erupted over a ten percent cut to the civil servant living allowance. W J Brown protested the wage reductions affecting about 200,000 workers, arguing the cuts hit those earning below a threshold while others were spared. Brown was interrupted by the Speaker and suspended for his retort as the debate showed plans to reduce wages from 45 shillings in 1921 to lower levels in 1941.
Four party members lose selection after a Sydney meeting. J. T. Tully criticizes the council and state executive of the party. Parramatta Council censures A. FE Howe for similar stance. The Alexandria Branch rejects Mr. Miley’s appeal amid ongoing internal strife.
In Rome discussions on the naval treaty stretched through the day. Foreign Secretary Henderson and leaders debated questions with officials Grandi and Sirianni for hours. In the afternoon British ministers met Mussolini to discuss accord measures.
Reports cite a hurricane in Fiji causing about 200 deaths with 60 drowned, 23 missing at Lautoka and 12 missing at Ba. Sigatoka reports 100 drowned while Ba’s river allegedly rose to 40 feet washing away homes. Survivors are freezing without food as sanitation collapses and disease fears grow.
Jam Kahib of Nawanipar Ranji announces a three month order prohibiting sale of foreign cloth in the state. Dealers agree, stating subjects desire cloth to be barred within the state and penalties apply to deals.
President Hoover vetoed the veterans loan relief bill and criticized Congress for the plan to advance compensation certificates. He argued the move would borrow from some to fund others and noted the government had already spent billions aiding veterans since the war. He defended his stance as protecting the people from unwarranted measures.
Three judges of the Federal Arbitration Court considered whether a ten per cent wage cut in sheltered industries would benefit the public. They cited gas and electric lighting firms and the Colonial Sugar Refining Company and weighed exemption from wage cuts to protect public interest.
Admiral Pratt reports recent fleet maneuvers off Panama show air attacks as a less reliable means to deter approaching fleets. Vice Admiral Reeves says air force alone cannot stop a battleship threat from carrying out heavy operations. House Naval Committee Chairman Mr Beta notes enthusiasts of the Navy recognize battleship superiority.
The Prince of Wales visited Valparaiso on Thursday to meet top British and local industrial leaders. He urged stronger Britain Greenl cooperation in commerce and toured British and Chilean factories with his brother, devoting over five hours to discussions.
Trading on Wall Street surged with numerous issues hitting new yearly highs. United States Steel rose four points to 152 0 8, General Motors climbed 14 8 to 45 1 8 as the market posted broad gains in the afternoon session.
A Japanese naval air crash during training near Akali claims the life of the pilot Lieutenant and the accompanying mechanic. Both were killed when the machine crashed and their skulls were crushed.
Chicago reports the Grain Stabilization Corporation said in a Thursday briefing that no more than 96,000,000 bushels of wheat would be exported in the next four months to create storage for the fall crop. President George Milner stated that wheat will not be offered at lower prices in major exporting countries, acknowledging grade differences.
The Morning Post financial editor argues Australian securities face hardening trustee securities but are attractively priced for speculators. He notes investor sentiment toward Australian obligations and potential improvement in export import relations affecting exchange.
The House rejected the president’s stance and passed a bill by 28 to 7. Floor leader Mr. Vien urged support for Mr. Hoover but faced strong opposition. Mr. Longworth proclaimed the president’s disapproval, prompting cheers as the measure was sent to the Senate for tomorrow’s consideration.
London editorial in the Tally Mail urges faster British support for Australia. It cites potential pay references from Britain, a shift to British wheat and foodstuffs, and cancellation of imperial war debts. It notes Australia has received 82,000,000 and calls for prudent inflation measures to ease difficulties.
Friday aVYONEY reports the Labour Party approves the Arbitration Amendment Bill which aims to set a basic wage for the family unit of a man and wife and add a family endowment for each child. The measure would require farmers to pay the basic wage to children employed on farms.
In Vegreville Alberta a flag protesting secession over the wheat issue was torn down at the Municipal Hall. Citizens pelted leaders amid unemployment demonstrations, turning the hall into a chamber of fury as the farm owners flag was replaced with the Union Jack.
Mr Lyons states he will act independently of party decisions, guiding his actions by what he believes best for the party. He will move forward along a personal line in Sydney on Friday following a revolation carried by the Tasmanian al avesuring himeat.
The Premier denounces the Australian Loan Council amid accusations of repudiation over 396 013 pounds tied to redemption debentures. He argues the debt is a government obligation, while NSW denies responsibility and highlights earlier defaults by the Bavin government and the Loan Council.
Adelaide reports a special conference of the South Australian A L P opens March 18 with nineteen motions calling for the expulsion of Premier Mr Hill and ministers from the movement.
In a heated conference debate, Mr Bang criticizes the Labour government for failing to implement a repudiation plan. He contrasts a New South Wales labour proposal with the risk of worsening conditions and potential default on overseas loans, warning of dire consequences if actions are delayed. He outlines two paths: adopt NSW’s plan and settlement with creditors or drift toward repudiation and systemic collapse.
Mr Theodore criticizes the rejection of Mr Lata’s £8 733 loan. The loan launch deemed no other cash sources possible and condemned by policy to avoid full interest on large sums. Attitude hinders market access, causing embarrassment over wheat bounty relief while a fiduciary currency plan for wheat growers and unemployed workers is advanced.
A Reuters World Brief notes the compilation of overage intelligence and rights in Australia and New Zealand. The item highlights the involvement of special causses of information and the focus on published material.
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