08 Jan 1934
Page 1
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This newspaper page contains 21 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jan 08, 1934
Page
1
Fragmented report outlines the Labour Party and the British leader's stance on a general strike as a weapon. It discusses control of land and finance, the role of the state, and the government's restraint, reflecting on potential strike use in future years and the need to prepare for confrontations with authorities.
Washington reports President Roosevelt’s 390,090,000 dollar budget finance project nearing completion with guidance on borrowing and inflation risk. Treasury under Morgenthau plans to raise funds via Treasury notes and taxes, weighing public persuasion drives and bank insurance company participation.
Rear Admiral Byrd’s expedition moves from the pack ice aboard the Jacob Ruppert to begin the journey to Little America, 4000 miles away. The ship must enter the pack ice again to reach the Bay of Whales and unload over 500 tons for winter before Ross Sea freezes. Position at noon was 89°26′S 16°40′W.
Torrential rains in the Cooma district push the Murrumbidgee and its tributaries above danger levels. In Cooma three bridges are washed away and road communication to outlying areas is cut. Molonglo River rises rapidly and flood warnings spread to Canberra. The Murrumbidgee surged about ten feet below bridge decks as the flood continued.
A Rome report on 1934-35 naval estimates to the Chamber of Deputies warns the naval race among Britain the United States and Japan has begun and threatens Washington and London treaties. It blames Japan for reinarming and expanding in Manchuria while predicting a clash with the white race and urging a Four Power pact to curb tensions amid European strife.
In Masachoulkuo a foreign source claims a former Chinese boy emperor Henry Purt will be proclaimed Emperor of the Manchoukug Empire on January 16. Meanwhile heavy rains cause the Murrumbidgee to rise in Cooma with seven inches in the night washing away two bridges and flooding homes and streets. evacuations save residents as water spills onto the main bridge deck and rivers run high through the district.
London traders opened with a buoyant mood as The Stock Exchange reported a surprisingly large volume of business and a continued rise in gilt securities. The focus centered on Australian exports and debt service prospects, with major banks Barclays Midland and Lloyds showing varied profits and the Daily Telegraph noting improved Australian trade outlook despite shifts in wool values and debt coverage.
Heavy rains south from Cooma caused washaways on the Cooma line. Gangs were at work last night to restore the track but only scant advice on damage had been received at Goulburn by midnight due to the railway telegraph being out of order.
A remarkable flood hit Molungto River at Captain's Flat yesterday as waters surged ten feet with debris sweeping away fences and washing a ganger from the bridge. By nightfall the level had dropped five feet, with more rain expected but the main rise believed to have passed below Captain's Flat.
A severe electrical storm struck Goulburn on Saturday morning causing extensive damage to the sewage treatment works. Lightning shattered the concrete diges tion chamber top, pushed a tank end into a pyramid shape, and moved manholes and vent pipes. Motors survived, two instruments burnt, and pipes shifted but repairs began with no injuries.
Motorists report water covering roads at Collector and near Yarra, risking impassable routes if rainfall continues. Berlin notes German replies to French notes and delaying actions signal cautious postures as leaders consider armament and mobilization plans.
The Yass River ran high but not dangerous until heavy rain after 8 o'clock compelled shifting to higher ground. Officials warned residents to protect stock and property as a precautionary measure.
The Murrumbidgee River rose rapidly below the Cotter Junction reaching over 23 feet as of six o clock tonight with higher levels expected. Debris swept past the bridge and bodies feared drowned as water banks up the Cotter River and a boy aged 13 vanished after entering the water with friends.
Motor traffic to and from Canberra was disrupted Saturday as Jeirr Creek overflowed its banks near Van Canberra Road. Fifteen cars waited on one side early, swelling to about a quarter mile of stranded vehicles as rainfall continued and trams were halted.
The Queanbeyan river level was four feet above summer level late tonight with several walls recorded. Upper reaches reports indicate precautions were in place as stock was removed from the area. Observations note water backing up due to upstream conditions, with warnings likely tied to rising waters along the river system.
A guard of honour accompanied leaders including General O Duffy and Mr Congrave to an open air meeting in Wexford where O Duffy attacked de Valera's government and warned of mass internments if policies continued. He claimed the death of a Blue Shirt after Christmas Eve was a brutal murder and challenged James Ryan to a duel in Wexford.
Sir John Simon arrived in England after talks in Paris and Rome on disarmament and European security. He said disarmament must be solved among all states, with Mussolini believed to seek change to secure world peace. He noted reform of the League of Nations as important and cited broad agreement on tackling Germany’s moral equality.
General Oduffy asserts an illegal arrest. The excerpt notes confusion about charges and intent, with unclear details on the arrest's legality and subsequent actions. The fragment provides no dates or named institutions to verify.
In 1932 the Labour Minister urged insurance firms to invest with Bayonne Bank as part of a widening bank scandal. M Daumler offered to resign, citing Stavisky as central. Additional arrests were anticipated but Stavisky remained elusive as warrants and searches abounded.
Landon funder praises steady progress as brokers and others express cheerful optimism in coverage by The Yorksbiry correspondent. The report notes sustained improvements and favorable conditions shaping market sentiment.
Fragmentary text discusses industry sentiment on raw material prices, noting expectations of future movements. It cites widespread speculation on whether prices will rise or fall, with references to past lows and anticipated changes in coming quarters.
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