30 May 1935
Page 1
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This newspaper page contains 19 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
May 30, 1935
Page
1
The Commonwealth Bank Board proposes underwriting a 12.5 million pound loan offered in June at 99 10s with an 83 8 percent rate. Premier Dunstan and opponents clash over Victoria’s share and loan use for deficits and public works.
Sir James Elder chairman of the National Bank warned shareholders at the annual meeting that interest rates have neared a level where further decline would be imprudent. He noted signs smaller savers are placing money in safer investments seeking higher returns and stressed sympathy with cheap money aiding industry while noting duty to that objective.
London commentary on a Morning Post letter argues against secession and opposes Imperial Parliament involvement in constitutional reform. Professor Herriedale Keith notes Canada style limits and says Western Australia voted for Federation with referendum approval.
A human foot was recovered from the surf near the Manly Quarantine Station by a fisherman this afternoon. It is believed to be a portion of the dismembered body of a returned soldier named Furber, previously seen floating below the Gap last week.
A severe storm battered Paris interrupting tennis and many towns. Amiens waterlogged low areas six feet deep forcing residents onto rooftops rescued by boats. Five soldiers at a garrison range missing and feared drowned. Communications cut. Cottages destroyed and a textile factory damaged £150,000. Lightning killed a man at Rhelma. Crops submerged nationwide.
David Brown 20, arrested in Sydney, appeared at City Court on a charge of armed robbery of £1725 from the Bank of Australasia. Alfred Hemmens testified he saw a man with a revolver jump into a Kedan car after a tram rush on Collings Street. Bail was set at £300 but refused.
International Batavia conference will set new charts and meteorological data improving air mail operations between Australia and Anglo designed imperial routes. Netherland Fast Indice and Straits Settlements govern the talks with Imperial Airways via Qantas likely to be represented and Australia to choose a delegate. Potential appointees include H Barkley and E W Timcke with Watt awaiting return before decision.
A fragment discusses fair governance as the essence of self government and the duty of those who enjoy it to accept consequences. It cautions against a purposeless effort that could divert state energy from promoting a wiser economic policy and converting fellow citizens to it.
Extraordinary scenes in Paris as queues form at banks to exchange notes for gold amid a budget crisis. M. Germain Martin seeks a bill to solve the crisis and defend public credit while the Socialist leader M. Blum opposes the measure. Croydon and sea shipments bring in gold. total ingots beyond 1.25 million pounds.
Premier Ogilvie declared Tasmania would pursue secession if the petition is not revised. He warned that rejecting Western Australia’s petition won’t end the smaller state’s fight and accused federal parties of being swayed by Sydney and Melbourne, predicting federation collapse otherwise.
Peter Coupland aged 55 manager of Kurrajong Flats Darlinghurst is killed when a three ton concrete slab collapses above a petrol tank and crashes on his head. Police faced difficulty removing the slab.
In the Dail debate on government expenditure, Eamon de Valera suggested abolishing the governor generalship if the public supports the policy next year. Opposition member McDermott pressed for reduced emoluments, while de Valera warned the office may be scrapped without opposition backing. Buckley’s expenses were noted as about daily.
The Daily Telegraph reports France raised its bank rate to 6 percent, noting no prior instance of a 2 percent jump in history. It warns the outflow of funds will not be stemmed without a balanced budget, though France can face the situation confidently with its gold holdings and disciplined finance.
London auctioned two autographed white silk poplin mementos stamped with an aeroplane carried by Bir Rees and Keith Smith on their 1920 London to Australia pioneer flight. They sold for 24 pounds, reflecting low pursuit at sale.
The New Deal pace stalls as Supreme Court actions threaten key laws. Roosevelt and advisers scramble to salvage the Blue Eagle program amid constitutional challenges. Industries pledge wage and hours support while unions threaten strikes. Wall Street opens heavy with trading, then declines.
Tumut defeated Gundagai by 15 to 7 today in the Maher Cup match.
The Empire Meat Council idea gains support as Australia and New Zealand renegotiate meat quotas. Ministers review last year imports showing Australia 31.4 percent and New Zealand 68.6 percent, amid calls to adjust grades and distribution. A London representative may be named to the council as the interregnum and long term agreement face continued talks.
After a captain's conference, fast bowlers were withdrawn in the Notts vs Somerset match due to rain worn pitches. Larwood struck Burrough on the thumb, Ash Andrews and Wellar sent the ball rising, and Harris and Gunn fell. The session used only slow and medium pace bowling thereafter.
The coroner urged vaccination to prevent tetanus deaths linked to fireworks. Commonwealth Laboratories have been testing immunisation efforts. Sydney University Professor Ward warned against careless handling and noted tetanus risks from wadding in crackers. He cited American deaths during Independence Day celebrations as possible parallels.
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