Credit restraints eased as Reserve Bank moves to lift November limits
Banking officials said the Reserve Bank will end credit restrictions as of now to stimulate employment and production in Australia. Mr. Phillips urged caution against renewed speculation while signalling banks may tighten lending if trends return to high risk. Industry leaders welcomed the move, calling for stronger consumer demand and government stimulus to sustain recovery.
MENTIONED IN THIS ARTICLE
Ips
Reserve Bank
Tech
Phillips
Australia
Phillipe
Mie Eader
Ing
N.S.W. Chamber of Manufatures
G. R. Bain
Tanks and Troops Rush to Border Amid Berlin Show of Force
International glare heightens as three 50 ton Centurion tanks and anti tank guns deploy near Brandenburg Gate backed by East German troops. Russian tanks enter East Berlin halting 1 000 yards from the border while U S Army jeeps with bayonets join the display. Washington warns Moscow against unilateral action as border clashes erupt and diplomacy weighs in.
MENTIONED IN THIS ARTICLE
Esterday
United Kingdom
Brandenburg Gate
East Berlin
United States Army
U.K
Brandenburg Cgtate
East
West Berlin
Fast Germany
United States
Associated Press
Unter den Linden
Crown Prince's Palace
Friedrichstrasse
London Daily Express
U.S
U.S. State Department
Washington
Llewellyn Thompson
Moscow
Berlin
State Department
Lincoln White
Queen Mother Helps Student as She Enters Rain Hit Building
The Queen Mother met students at Queen's College Dundee after opening the new building. Student Michael Steadman laid down a gown to cover a rain soaked gap between a doorway and the red carpet and the Queen Mother smiled her thanks. He emulated the gesture once said to be done by Sir Walter Raleigh for the Queen 4000 years ago.
MENTIONED IN THIS ARTICLE
Queen Elizabeth
Queen Mother
Michael Steadman
Queen's College
St. Andrew's University
Dundee
Scotland
Mike
Sir Walter Raleigh
Gable Baby In Kidnap Scare
Detectives rushed to Mrs. Cable home after overheard kidnap plot but found the baby unharmed. An unemployed publicity man David Treganowan told police four swarthy well dressed men conspired to abduct the child. Gable's son was born last March 20, four months after his father died.
MENTIONED IN THIS ARTICLE
Cable
David Treganowan
Gable
Kennedy eyes public fallout shelters along new highways
The White House signaled President Kennedy may back a plan to build fallout shelters along new American highways. A letter to Senator Thruston Morton from Lawrence O’Brien said the proposal is very interesting and could be included in Kennedy’s recommendations to Congress early in 1962.
MENTIONED IN THIS ARTICLE
Washington
A.A.P
Kennedy
Congress
White House
Thruston Morton
Lawrence O'Brien
Court Allows Details Of Man's Record In Murder Hearing
A Canberra murder hearing allows the Crown to introduce past acts by Daniel Norris Nicholls including a 1955 Sydney gun and knife threat. Witnesses, including detectives Morling and Passmore, testified about Nicholls and related incidents as part of the preliminary inquiry.
MENTIONED IN THIS ARTICLE
Court of Petty Sessions
Sydney
F. C. P. Keane
A. Watson
Daniel Norris Nicholls
Cook
Mulwala House
Canberra
Nicholls
N.S.W
C.lb
Darlinghurst
Wiliam Clarence Morling
Armidale
Deniliquin
Frederick George Passmore
CIB
Keane
Set. Passmore
Fraser
Darling Point
Sergeant Passmore
Daniel Marnes
Mr Crossin
Det Sel
Ray Kelly
Mr. Watson
Crossin
Watson
Also Mentioned on This Page
Howver
Mitricians
Evita
Tares
Samuel Collins Stanton
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