Privy Council Dismisses Bank Nationalisation Appeal
In London on Tuesday the Privy Council dismissed the Commonwealth Government’s appeal against the High Court’s invalidation of the Bank Nationalisation Act. Lords Porter Normand Marton and MacDermot presided as much of the hearing drew from counsel. The decision’s reasons are drafted, with printing pending, and further cost discussions to be arranged. sittings continue with noted July 30 end and October 12 start.
MENTIONED IN THIS ARTICLE
London
Privy Council
Commonwealth Govement
High Court
Lord Fervor
Lords of Appeal
Porter
Aires
Normand
Marton
MacDarmot
Commonwealth of Australia
Bank
Meher
Consolidated
Lord Porter
London Stock Exchange
Council
Jorde—Uthwatt
du Parcq
Chie
Commonwealth
Evatt
Profesor Bailey
G. E. J. Barwick
K.C
M. Chifley
Judiciary Committee
Dr Evatt disappoints after Privy Council ruling
Dr. Evatt voiced disappointment at the Privy Council decision while praising Commonwealth legal advisers. He noted the difficulty in interpreting section 92 of the Constitution and hinted the grounds of the ruling may be clarified later, with possible acceptance of Commonwealth arguments on transport and marketing legislation.
MENTIONED IN THIS ARTICLE
Evatt
Commonwealth
Privy Council
Timeline of Banking Act 1947 to 1949 In Australia
Diary of events covering actions around Section 48 of the Banking Act, High Court injunctions, nationalisation attempts, and Privy Council appeals. Key figures include Mr Chifley and references to Victoria South Australia Western Australia and multiple private banks. Dates span 1947 to 1949 with court rulings and hearings.
MENTIONED IN THIS ARTICLE
High Court
Ames
Chifley
Ward
House of Representatives
Victoria
South Australis
Western Australia
Pars Minanvesnt
Banking And Industry Welcome Decision
Melbourne observers report a splintered reaction to a government policy move. Mr Moonnan, chairman of Anoctatet Banks, praises the decision as a quick means to regulate banking and compel banks to align with government aims. He warns new legislative power may be needed to nationalize profits if constitutional safeguards allow it.
MENTIONED IN THIS ARTICLE
Melbourne
Benking Oyster
Ome GJ. Melon
Han
Moonnan
Government faces timing and banking control questions before election
Melbourne reports the Privy Council and High Court rulings hinder nationalisation aims and possible tightening of private bank licenses. Ministers vow no action before the election while Labour and opposition debate impacts on finance, liberty, and constitutional limits.
Australian manufacturing to renew after election, says director
The Director of the Associated Chambers of Manufactures Mr Latham Withall says the Australian manufacturing industry would be greatly renewed by the election. He expects a stimulus to business and loyalty to the majority of Australians. He hopes conduct of commercial banking will improve political governance and defend constitutional independence amid costly legal actions totaling £250,000 by the government.
MENTIONED IN THIS ARTICLE
Vurmay
Harrischald
Privy Council
Bankine
Australia
Tabor
Tahmong
Australa
Rite Petras
Associated Chambers of Manufactures
Mtr
Latham Withall
Autrallan
Pat Jentee
Mrice
Nake
Aricaanil
Econ
NSW Labour Pill in Courtroom Politics Battle
Premier J. jier speaks on Labour winters and Privy Council limits while NSW opposition leader criticizes the court as ruling and calls for ballot politics. The NSW Labor President warns constitutional risk, and the Federal elections loom as judgment shapes governance and welfare alignment.
MENTIONED IN THIS ARTICLE
Ake
N.bw
J. Jier
Australie
Desini
Privy Council
Beevar Lubrii
Lawent
Mr Frente
Elcofore
Honma
fHeeson
T Hanke
Australia
Reece Y Toutasun
Yernaivan
Jewel Bandits Seized After Hold-Up on Fifth Avenue
A daylight jewelry shop banditry ended with one suspect captured after a flying tackle by William Van Zandt. A second robber escaped with four diamond bracelets valued at 344000 dollars before officers closed in. The incident occurred near Fashion Avenue in New York. Argentina to sign trade pact with Chilean ally, worth 100 million dollars, Tucum, Buenos Aires.
MENTIONED IN THIS ARTICLE
New York
Sirnana
William van Zandt
Fashionade Fith Avenue
Price
Wier
M Kun
Amanbed & Glans
U S Probes Dollar Earnings Talks Across Allies
Fragmentary text shows a tripartite discussion among the United States Canada and Britain on increasing soft currency areas and dollar earnings. Mention of Remlember iil and weather expectations plus concerns about payments outside the dollar area. Public signals suggest Europe faces difficulties meeting payments beyond the dollar region.
MENTIONED IN THIS ARTICLE
Jehanne
United States
Canada
Britain
Europe
Widow Besnard Arrested on Suspicion of Poisoning
Paris report details the arrest of a 50 year old widow after a postmistress claimed she was poisoned. Exhumations ordered for Leon Besnard and seven other Bernard family members dating back to 1827 to probe multiple deaths and potential poisoning links.
MENTIONED IN THIS ARTICLE
Paris
Gomip
Marie’ Bestard
Lille
Adda Teumoure
Madame Besnard
Leoti
Med
nKe
Leon Besnard
Bernard
Drop In American Industrial Production Pattern
Washington reports a seventh consecutive drop in American industrial production. The decline impacts key sectors including apparel and rayon, with April figures showing a lower rate than May. Recovery appears distant as factory activity contracts across multiple industries.
MENTIONED IN THIS ARTICLE
Washington
Tor
Noyermbies
British Peers Help Wives in Washing Up
In a House of Lords discussion on Britain's economic position, Lord Pethwick Lawrence Renet cites that some peers’ wives engage in household chores to cope with financial strain. He notes a shared experience with others in Parliament and the country, stating there is some truth in the claim.
MENTIONED IN THIS ARTICLE
London
Britain
Pethwick Lawrenet
India
House of Lords
Firm on Steel Nationalization in Parliament Debate
In London Tuesday the Supply Minister told Parliament that the government will accept 28 of 60 Lords amendments to the steel nationalization bill, while rejecting any that do not cause a material change. The main Lords proposal delays the bill’s operation to October 1, 1980 after the Benæal election, with Conservatives promising to repeal if re elected.
MENTIONED IN THIS ARTICLE
London
Howe Ff Commons
Ms. Strauss
House of Lords
House of Cards
Joint Coal Board Surplus Reported in 1948 Quarter
The Mathinal Coal Board reported a surplus of 1,892,650 for the first quarter of 1948, showing a significant rise from the previous period. The figures indicate a strong profit growth for the year.
MENTIONED IN THIS ARTICLE
Joint Coal Board
London
Mathinal Coal Board
Opposition to Form Cabinet In Egypt
Alexandria dispatch reports opposition to forming a new cabinet in Egypt as Premier Abdel Hadi Pasha invites government participation. The Watquat Party, long in opposition since 1944, has not accepted the invitation, while prominent engineer and former war-era premier joins the move.
MENTIONED IN THIS ARTICLE
Egypt
Alexandria
Tueday
Me al He
Abdel Hadi Padua
Watcuat Party
Han
Royal Visit May Be Sought for Commonwealth Jubilee
Reports say Commonwealth charities aim to secure a royal visit to Australia for the Commonwealth jubilee celebrations. The planned royal trip was postponed this year due to the King’s illness.
MENTIONED IN THIS ARTICLE
Commonwealth Charities
Australia
Commonwealth
Banat
Australie
Dread of War Seema to be Receding
A garbled wartime note from a British defense briefing suggests fear of invasion is easing though officials warn the danger remains. The secretary for war stresses caution and the need for readiness in any case, citing the ongoing international tension as still unsettled.
State Taxation on Compressor Driven Vehicles
AYDNEY Tuesday. Cabinet to day apprise of THNla te paperae LW Bla Vehicle Tax Act Wea Motor Tax Management Rel. 181d. The Premise Mn McGire said Avat In view sit De large Number atcumpranor gmtion new aparating. It Wa ole ta pravert with he praparal to double the rules of Weather television vehicle taxation am and Vehicles An antomaly: existe trocamae ilies welant-deyoph vehicle mo contribution to road conatruns Ann and maintenance by way of et fare ene andes wth pean An wompremstim rityon vette
MENTIONED IN THIS ARTICLE
Aydney
Tuesay
Wea
Communism Forewarned Over Dollar Crisis in Britain
Sir Graham Cunningham, chairman of the British Delta Exports Board, warned that unresolved dollar strains could let communism gain footholds in Britain, the United States, and Canada during his Canada visit. The official urged swift economic action to stabilize markets and protect allied economies.
MENTIONED IN THIS ARTICLE
Ottawa
Britain
United States
Canada
Graham Cunningham
British Delta Exports Board
Todday
Graham
Also Mentioned on This Page
Pak
Ina
Rad
Pertoat
DR. Evatt
Australi
Banking and Industry
Odda
Moana
Banka
Labour
Legiulion
Chitey Himelf
Mr. Menaies
Secarets
Mate Yeithout
Miah Court
Mansion
Sension
Bruner Ruesay
Hotter
Bank ‘of
New South Wales
Australis
Banka Waa
Sve Party 1Mr
Aow
Fedden Anid
Fem
Dreiaion Han
Marcian
Norialisa- Amtralian
Ted Lawyers
P. Spender
Amy Frivy
Pamela
JudeTuont
Alan Mane
Pripri Hi
N.S.W
Nsw
Labarat Party
W. HL Sonn
Tega Ston
Hower
Czecun
Buenos Aires
Tucenay
Argentna
Ceechaloyakte
U.S
Brolin
Rusnia
Berlin
Burjet
Addreming
Reservieta
Cami Heat
Norfolk
Bhinwell
Ainie
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