24 Jun 1931
Page 1
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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jun 24, 1931
Page
1
The Defence Department states no official financial policy will be altered by a £250,000 cut versus the previous year. Officials indicate the reduction is not an immediate spending change and will not affect overall defence expenditure.
The session closed with no comment from Mr Lang as talks aimed at reopening government plans continued. The course shifted toward channeling Commonwealth Bank funds to include the rural bank in negotiations.
Government statistician notes May production trends affecting wool and wheat. Expected record wool output at New South Wales and high exports contrast with wheat sowing delays. Jobless figures rise as unemployment concerns prompt calls for policy action and funding adjustments.
Prime Minister Mr Scullin indicated Australia could gain about £3,991,000 under the Hoover plan if Britain suspends inter government debts and reparations for a year. He said Australia would forego £830,000 in reparations, while Britain would provide relief on creditor payments. The message came as Australia urged the British Government to share full Hoover plan details promptly.
Melbourne reports the Victorian Labour Party to direct state Labor members to oppose the Premiers Conference wage and service proposals. The Trades Hall influence looms large as Hogan faces a politically perilous moment amid internal pressure and cabinet deliberations. News notes a likely party conference to decide the action and potential parliamentary fallout.
At Melbourne the Empire Wool Conference endorsed a motion opposing a public wool auction system and price fixing. Delegates from New Zealand South Africa and Britain warned such measures threaten price stability and drought impacts. The discussion noted Russia dumping risks and called for reciprocal trade with Great Britain to aid the wool industry.
In a tense session the Kentucky assembly discussed a special tax aimed at motor casualty cases. The hospital and medical groups urged reform to address accidents and improve reporting. The exchanges focused on underlying causes and potential funding to support victims and prevention programs.
A Morning Post analysis suggests Moscow’s plan to gain influence in Germany would trigger a British response and possible Polish actions. It notes Britain’s stance on reparations and payments, predicting wider economic strain and potential political upheaval across Europe with Britain and its dominions affected by reparations and postwar debt arrangements.
London reports react to President Hoover s proposal as France may decide in days. Paris ministers and Briand to discuss, while German and French press weigh impact on Young Plan and reparations. Markets react to potential shifts, with mixed optimism and caution across Paris Berlin and London.
A government stance rejects direct dole for relief schemes and urges work programs instead. Officials argue employment projects can provide aid while boosting labor participation and national productivity amid economic strain. Local authorities await funding decisions and assess feasible projects.
A deputation presses for continuing productive works funding while the Health Minister notes the dole costs exceed 400 000 monthly. He says the state has little room for large schemes and relies on tax revenue, with government relief already consuming all funds. Municipal allies back the push for productive work schemes.
In London the Prime Minister stated the government welcomed President Hoover s proposal and would cooperate to make it practical. Australian authorities say a swift matching of the gesture is intended but exact details are unclear. Officials anticipate Australia will gain relief while representations are made in November to secure benefits Hoover envisions.
London reports a strong surge across commodity markets with metals leading gains. Traders show optimism despite scattered risk signals, while stock exchange activity reflects heightened appetite for industrial metals and related assets.
Severe rainfall has swollen rivers in the Riverina region with the Burrin Demie river system flooding lower reaches. Towns near Wagga Wagga report rising water and stranded or evacuated residents as floodwaters encroach on riverbanks and low-lying areas.
Heavy rain drenched Canberra with over half an inch falling yesterday from 3.40 to 9.80 pm and continued through the night. The Molonglo River remained slightly above normal with forecasts of further flooding in May and June. Rain totals for the year reached about 14 inches in Canberra with May showing record levels, while river pools and flood warnings dominated the city outlook.
incomplete text discusses a government response to a pope reference and mentions a fourth ola to the Yuthaws by stranger beriin. The garbled report references modern alliances and political positions, with unclear specifics and names.
Aclearer report notes thirty hundred beams consigned to Fleming were felled in transit. A figure cited shows five thousand seventeen casualties among animals during last year, with details obscured by garbled transmission.
A house debate featured Mr Sopith stating that £100,000 is available for the committee to dispose of as they see fit. He responded to Mr Mustay’s question, addressing a prior error in his remarks.
The Federal Parliament is expected to remain active into August with late sessions and near daily hearings. The government projects savings of about £16116,000 from the economy plan, but delays in Debt Conversion measures could cost £40,000 to £40,009 and push back the plan. A brief break occurs as the Treasurer seeks supply bills after June, then no Budget is planned before resumed debate. The House, meeting since March 4, may adjourn around August 4000 after finishing current business.
A waterfront blaze at St John caused heavy damage destroying wharves and warehouses. Canadian Pacific liner nearly caught fire as flames swept the area causing millions in damage and loss of ships in the port.
In Stoney on Tuesday the swearing-in of Malcolm Brews as Country Party member for the Upper Hunter provoked a nationalist protest and a heated clash with Labor allies. Labour supporters cheered as tensions spilled into parliamentary hallways amid cross-party barbs and threats of campaigning.
A NSW legislative inquiry heard from Mr. W B Myhill of the Metal Trades Employers Association that arbitration limits forced NSW to lose 400000 pounds in contracts to Victoria for nuts and bolts. The loss would have yielded 308 direct and 206 indirect blue-collar jobs over a year. He urged suspending arbitration for a period to protect workers and warned employers may remove metal trades from unions to save the industry.
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