23 Nov 1929
Page 1
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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Nov 23, 1929
Page
1
A Canberra vote on a loan reduction faced a delayed response as the Treasurer spoke Thursday night. The lower figure for the Federal Capital Territory loan reflected reduced government spending and shifting personnel costs.
Magistrate NG notes alarm clock solution to wake young offenders in Parramatta Police Court case involving 8 year old and other juvenile offenders. Constable McCarthy cites early morning robberies as a motive. judge laments youths stealing at such a young age and urges preventive measures.
In Canberra the Senate heatedly discussed an incident at the Kurrajong Recreation Room where the Red Flag song was sung during a social gathering attended by ministers Crown officials and party members. Senator Daly argued no offence warranted action given the mixed attendance and nature of the event.
The article reports a large weekly public loan issue reaching about 10,000,000 with substantial daily subscriptions. The Federal Treasurer notes strong participation from National Mutual Benefit and Government subscribers, with 3,000 applications for funds. Queensland, South Australia, Tasmania and Western Australia show high engagement.
A trade records a seat drop on the MO Exchange with a price of 144,009 dollars. A single prior mule is noted in the sequence.
The Government, with the Commonwealth Bank, proposes to seize control of gold reserves held by the Commonwealth and private banks and limit gold exports with Treasurer approval. The bill, to be introduced next week, aims to prevent reserve depletion amid overseas bullion shipments and to remodel the credit system to curb private banks’ broad powers.
London reports a failed post mortem on Conservative losses at the annual Conservative Unionists Association conference. Resolutions on House of Lords reform and industry safeguards were rejected amid criticism of central office methods and press hostility. Neville Chamberlain elected president as party faces a lean election outlook.
London reports that the Australian Government's reserve policy provoked strong interest among financiers. Analysts believe property control may benefit Australia, as merchants quote high London cover prices of 41 1/2 percent signaling more shipments from Australia to meet surging imports.
In the Commons the Premier vows progress on the Mineral Bill while an inquiry into migration to the Dominion is urged. Mr Ponsonby discusses Imperial Conferences and policy steps, as Home Secretary Clynes defends against Communist probes, and debates on Singapore base and Anglo Russian issues surface amid wartime diplomacy.
In London on Thursday the Irish Free State declared it would block Privy Council appeals. Mr Hythe told the Senate the principle was nearly dead and urged Britain to bury it. The Free State plans to ignore appeals and thwart any reversals of Irish verdicts.
A Newfoundland coast tidal wave caused many deaths and injuries with 34 reported dead and hundreds homeless. Port Arthur near Lords Var y saw seven hours of danger and seven dead including women and children while the fishing fleet at sea faced no disaster.
President Hoover conferred with leaders including Henry Ford and others about avoiding wage cuts during the financial adjustment. Ford urged wages to rise and later announced an immediate wage increase at his plant to protect purchasing power.
The Inspector General of the Australian Military Forces General Sir Harry Chauvel warns the board has reached the bitter end of protest and cannot progress without renewed funds. He criticizes senior officer timing, slow armament progress, and urges gauge standardization on the Sydney Melbourne line and railway capacity improvements.
A callous murderer sent a letter to Gertrudy Albemann’s mother Frau Wieee containing childish handwriting vows and details of the crime. The missive opens with verse and unfolds into a dramatic dialogue describing the murder, knife attack, and police efforts. The suspect reportedly attempted suicide upon reading the letters.
In Canberra the War Memorial project is paused as the Minister for Home Affairs Mr Blakeley cites Australia’s financial stringency. The debate in Parliament centers on unemployment relief and the cost of the Mount Ainslie site with critics arguing funds should aid jobs rather than memorial construction. The original £270000 project total to £413000 with £420000 in a trust fund and £6000 advanced to the Federal Capital Commission. the government now says the work will be postponed for the time being.
Mr Baldwin spoke to 6000 Conservatives on unemployment and Empire trade. He urged viewing the Empire as a unified economic unit and thanked Lord Beaverbrook for advancing United Empire aims. He cited a manifesto by British businessmen and pledged policy changes to reduce unemployment and bolster imperial production.
Lindrum sets another world mark with a 1000 break becoming third to reach the feat. He starts with a false first shot but soon delivers a masterful display of cannons and precision. Smith shows strong form scoring 343 until Lindrum replies with 541 before another run of 11. Davis leads early with 340 but fades after a long tally run, finishing 349. McConachy and Devise also perform in the afternoon and evening sessions with varied scores and high runs.
The government states Dominions have right to close consultation and have achieved full consultative status. Policy changes were made with partial information shared, aiming for broader disclosure and relief, while avoiding a full consultative process at this time.
In Sydney the new federal duties are welcomed by manufacturers. President of the Chamber of Manufactures Mr. HH. B. Sevier calls the tariff the best thing for the country, promising protection for industries and a boost to domestic product. He also notes potential price impacts and expresses concern over crossing borders with other nations.
Po A. Tanner a timber merchant argues that increased tariffs on defined goods will raise costs for workers as taming timber used in manufacturing rises, making workers bear the burden.
A meeting at the Ddeegmedd Wiebel- Tere notes a statement condemning higher duties on shirts. Allies are described as slaughering in the cited protest.
Melbourne retailers set bottled whisky price at 33 shillings 6 pence under the new tariff. Imported brews will incur at least one shilling wobble per bottle, replacing the prior charge.
Mrny appears the new taxation regime harms industry while William Brooks argues taxes deter growth. State and Federal levies blamed for unemployment. Mr R A Marks contends higher taxes would boost industry and employment.
A noisy trading day sees some stocks slipping while others hold. amid broad decline, interest appears in several sectors as analysts note mixed sentiment and uneven attendance at sessions.
The Senate adjourned the special session and postponed further tariff debate until December 2. The delay pushes back action on the tariff measure and ministers further consideration with other business. No firm date set for resumption of the remaining agenda.
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