10 May 1957
Page 1
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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
May 10, 1957
Page
1
In a dramatic race Shahawaa clinched the Cup ahead of Sydney Boy and others. The crowd cheered as the Australian favourite crossed the line with strong support from local fans.
The March quarter shows rising prices and inadequate overseas reserves. A government white paper warns against easing lending to curb inflation, noting seasonal expansion may be needed but urges balance to avoid derailing growth.
The document discusses thrift, immigration, and financing for growth in Australia, noting rising populations through 1962 and 1997, housing progress and service deficiencies, and the risks of overreliance on overseas capital. It cautions about saving levels, balance of payments, and the need for continued capital inflow to sustain expansion.
Pupils at Keen Turner Infants School head home for vacation after a short term. Classes resume Tuesday May 21, marking a pause in schooling for the youngest students.
Sydney reporters note ALP women will launch a petition on Mother's Day to ban H-bomb tests at Christmas Island. Director Haysen says honoring mothers while planning destruction is farcical, with Dr Evatt to main speak at the rally and petition to Parliament.
Brisbane reports that writs seeking details of the Premier's election fund will be filed against Premier Mr Gair. The Labor Party claims he did not disclose fund particulars by 5 pm today. The Queensland Parliament reconvenes June 11 as Chief Justice Mansfield and the Administrator review the move.
The minister announced a review of the Canberra gazetted plan under the Government Act. Professor Holford will advise on housing, services for 1100 public servants from Melbourne in 1959, and related development to prevent five years of inbuilt shortcomings.
In Padua a journalist testifies at the Donga Treasure trial that a former partisan woman said the treasure was handed to the Communist Party after Mapstolini’s capture. The testimony cites a 1918 World War I service background and the defendant group linked with fascist clashes at Dooga Lake in April.
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