30 Oct 1958
Page 1
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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Oct 30, 1958
Page
1
Mr Menzies dismissed lavish promises and warned Labour’s endowment plans would fuel inflation. He rejected cash in hand pledges, announced tax and social policy aims, and pledged conferences with Premiers and a reform agenda including a Development Bank and dairy industry review.
Mr. Menzies warned voters not to be swayed by Dr Evatt’s promises, outlining costs of proposals he cited as £165 million yearly and a possible £250 million annual total. He argued Labour’s policies would infl ate and harm low and middle incomes while praising nine-point government aims and past stability.
The Australian prime minister outlines budget policy defending last budget and warns against Labour's nationalisation. He contrasts Labour's socialist aims with private enterprise support and cautions against McCarthyism while noting a shift among New Australians away from socialism after EU experiences.
Vatican sources report Cardinal Angelo Roncalli elected pope on the twelfth ballot to become John XXIII. Crowds of about 250000 cheered on the St. Peter's Square balcony as bells rang across Rome and Venice celebrated the former patriarch’s elevation to the papacy. Queen Elizabeth sends warm congratulations.
U S Secretary of State Dulles said Russia’s refusal to halt nuclear tests for a year signals they feel second to the United States in the arms race. He noted Soviet eyes opened at Geneva talks and warned Moscow could resume testing if Western proposals fail.
Angry parents and Belfast officials protested after twelve young girls collapsed at a Belfast parade amid delays concerning meeting Princess Margaret. The children, some eight years old, were part of the hall inspection crowd that prompted the disruption.
The Russian author Boris Pasternak rejected the Nobel Prize for Literature awarded for his novel Dr. Zhivago. The Swedish Academy announced the decision amid Western praise and Russian condemnation calling the work slanderous and filled with hatred for Socialism.
Looters swarmed the South Cloud crash scene near Cooma drawing onlookers and souvenir seekers. Reports of gold and money aboard the Fokker sparked speculation but were officially denied as police guard remains and coroner studies begin into proper burial procedures and possible prior declarations of death.
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