Final Drafting Of Bank Bill To Begin Today
Acting Prime Minister Sir John Fadden announced that final drafting will begin for legislation to separate the Commonwealth Trading Bank from the Central Bank and create a separate board. The bill may transfer assets from the Commonwealth Savings Bank and related sections to the trading bank and relax reserve requirements for private banks. The move stems from long negotiations and pressure from government backbenchers wishing a fully competitive trading bank. Cabinet will not discuss the Budget until its August 6 meeting ahead of a full Parliament presentation on August 28.
MENTIONED IN THIS ARTICLE
Shen
Commonwealth Trading Bank
Central Bank
Commonwealth Savings Bank
Trading Bank
Centra Bank
Banka
Arthur iFadden
Ampol Car Trial Memories Entertained In Sydney Night
The article recalls the Ampol car trials with driver Lionel Jenkin and Mr Gudgeon. The Peugeot performed well in the Birdsville trick segment, while the navigator earned a £1007 prize, a silver tray, and a travel case at the Trocadero in Sydney on Tuesday night.
MENTIONED IN THIS ARTICLE
Cane
Anpol
Gudgeon
Peugeot
Birdsville
Air Navigator
Lionel Jen
Sydnay
Modern airport for London to open next year
The first airport to combine air rail and road transport will open early next year about miles from London. It features terminal buildings, a railway station on the Brighton line, and a direct 40 minute rail link to London for bad weather contingencies.
MENTIONED IN THIS ARTICLE
London
Brighton
Arabic Communist Leader Arrested in Jordan
Jordan police report arresting Khaldun Abul Haq, a prominent Jordanian Communist leader, amid allegations of involvement in a plot against the regime. Reports note security forces’ action follows recent unrest and tensions in the capital.
MENTIONED IN THIS ARTICLE
Jordanian Red
Usman
AAP
Reuter
Jordan
Khaldun Abul Haq
Dulles Urges Urgent Global Disarmament Pact
Secretary of State John Foster Dulles urged Western powers and Russia to accept disarmament proposals to curb atomic weapons, warn that failure could render weapons uncontrollable. He outlined steps including international safeguards, a halt to fissionable material production, stockpile reductions, and a possible 10 month moratorium on nuclear tests. The speech, backed by Eisenhower, targeted Soviet propaganda and called for verified inspections and peaceful use of space missiles.
MENTIONED IN THIS ARTICLE
Harold Stassen
Sontha
Britain
France
Canada
London
Dulles
Iun
Ashington
P.reuter
John Foster Dulles
Russia
Eisenhower
U.S
Ast
Forecast For Rain In Next Three Months
Sydney forecast predicts rain across most country districts in the next three months with drought relief seen. Snow in the southern Alps eased after rain while a belt of air moving from the Tasman Sea affects the state. Graziers warned to expect snow between July 26 and 29 as CSIRO notes rain-making efforts in the north shelved.
MENTIONED IN THIS ARTICLE
Sydney
Queensland
R. Lennox- Walker
Inige Jones
Weather Bureau
Tasman
Tasmania
Walker
CSIRO
Death Of Mr P H Flint in Queanbeyan Hospital
Phillip Harold Flint a well known quazier from Tidbinbilla near Tharwa died in Queanbeyan Hospital aged 71. He leaves a widow three sons and three married daughters. A Catholic service will be in Queanbeyan at 2 20 this afternoon followed by a funeral at Canberra Cemetery
MENTIONED IN THIS ARTICLE
Phillip Harold Flint
Tidbinbilla
Tharwa
Queanbeyan Hospital
Flint
Queanbeyan
Canberra
Book sales misused to claim RSL support in Canberra
A Canberra ACT branch leader warned against booklets sold to aid returned servicemen. Titles like Digger's Annual allegedly imply proceeds benefit the RSL, but the RSL stated it never finances via such sales. Prosecution would follow if sellers misuse the league’s name.
MENTIONED IN THIS ARTICLE
A.C.T
8. S
M. C. Tubs
Canberra
Timbs
RSL
League
R.S.L
Industrial Court's Powers Upheld
Sydney Tuesday Justice McTiernan rejected Seamen's Union challenge to the Commonwealth Industrial Court's punitive powers. The union sought prohibition to halt proceedings for contempt of court linked to its ban on crew engagement aboard the MV Kumatia.
MENTIONED IN THIS ARTICLE
Sydney
Seamen's Union
Commonwealth Industrial Court
Justice McTiernan
High Court
Commonwealth Thedustrial Court
Union
No Decision Yet On Role New Policemen
The ACT Chief Commissioner of Police E Richards said he could not say whether more officers would be placed on the beat in Canberra until the extent of the proposed force increase is known. Minister Fairhall approved plans to expand the Canberra police, with applications for constables to be called in the next weeks. Requirements include height 5ft 9in, weight 11st 8lb, good physique, no court convictions, aged 19 to 35. uniforms and equipment provided. The force, currently 58, aims to improve city coverage with a future south side station. First year constable pay is 18 pounds 18 shillings 15.3 pence weekly? 40-hour week, 28 days annual leave. Accommodation/allowance details noted for housing or single man.
MENTIONED IN THIS ARTICLE
A.C.T
E. Richards
Canberra
K. Richards
Fairhail
Richards
Older Smokers Lung Cancer Risk Rising
Washington report quoting Dr. John Heller, director of the National Cancer Institute, says one heavy smoker in 10 over 45 will die of lung cancer. A heavy smoker is defined as someone who smokes four or more cigarettes daily. The report notes a 20 a day smoker falls into the moderate risk group.
MENTIONED IN THIS ARTICLE
Washington
Reuter
John Heller
National Cancer Istitute
U.S. New World Report
Heller
New Trunk Lines To Tumut Boost Canberra Telco Links
The Postmaster General advised Jim Fraser that fog from this installation will be reduced and three additional trunk lines will be provided between Canberra and Tumut from next Monday.
MENTIONED IN THIS ARTICLE
Tumut
Canberra
Hong Kong Facing Threats From Overcrowding and Refugee Influx
An annual report on Hong Kong warns riots and epidemics as the colony's main dangers. It notes 2,500 people per square mile and 700,000 refugees arriving from China in 12 years, with 300,000 still needing resettlement. Housing expenditure totals over £20 million, but slums remain.
MENTIONED IN THIS ARTICLE
London
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Bev Pvt
Minis
Johne Fadden
Abe
Jegustathna
Enh
Audrey Toll
New York
Autrey
Louisiana
Jett
Lake Charles
A.a.p.reuter
Damascus
Israel
Hague
A.a.p.-Reuter
Dutch New Guinea
A.p.reuter
Society of Motor Manufacturers and Traders
All of Souls
Causeway
Jenny Hurtig
Allan MacKenzie
P. H. Flint
Industrial Court
Italia
Caprice
Gms
McIlvenies Home Appliance Centre
Civic Centre
Woolworths
Tel
Hongkong
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