12 Nov 1960
Page 1
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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Nov 12, 1960
Page
1
Cabinet backed directing banks to curb import loans as Australia reports a large adverse trade balance. Treasurer Holt told Parliament loans rose to an exceptionally high rate from February to September as imports fuel bank lending. Some ministers urged caution, hoping the position would improve after three months with peak imports.
Country Party candidate John Englund won the Clare by election over Liberal Lee Serisier with 3,824 votes to 2,925. DLP candidate Proust received 2,545. Liberal Mears 297. Seat previously held by John Howse who left for private business.
A partial, garbled report notes a government fund intended to aid after a cyclone, with mentions of additional sums and donors. The text is unclear on amounts, dates, and recipient details.
The High Commissioner for New Zealand F Jones bows after laying a wreath at the Stone of Remembrance during the Remembrance Day ceremony at the Australian War Memorial. Commonwealth representatives and ex servicemen also placed wreaths while detachments from HMAS Harman and the Royal Military College joined the march to the Parade Ground.
Three UN columns converged on the massacre area with Irish troops leading and others mixed with Irish Ethiopian and Irish Moroccan units. UN fire was limited to self defense as Baluba casualties were reported by pilots and ground observers. Two UN soldiers were wounded, one seriously, and a patrol member remained missing. Bodies found near the attack site multiplied with new discoveries by a combined Irish and Ethiopian scouting group. Mobutu arrested Kamitatu in Leopoldville amid Congo politics as UN credentials backed Kasa-Vubu’s seating at the world forum.
Reports describe a sold out rush for the unexpurgated edition with booksellers selling out yesterday. Buyers offered high prices and traders struggled to meet demand as Penguin Books constrained deliveries to retailers.
Reports say the Kennedy administration will remake diplomatic posts with outsiders and swap top State Department staff. The plan includes appointing ambassadors based on ability, reforming campaign finance access, and possible abolition of the Electoral College and national conventions.
Lord Fraser of Lonedale urged Britain to adopt decimal currency, noting strong opinion favoring change and government desire to hear all interests before the nation’s mind is ascertained. He warned Britain could be alone in the Commonwealth if it clings to old systems.
Turkey says it will honor all international accords made before the May coup in which General Cemal Gürsel seized power, according to a Foreign Ministry statement issued by its information chief.
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