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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Sep 05, 1957
Page
1
Fragmentary text mentions a carnival or gig with names and timelines but lacks coherent facts or context to form a clear news item or outcome. No verifiable entities or events are discernible from the readable words.
The Government revealed plans to create two new banking bodies, the Reserve Bank of Australia and the Banking Corporation, under new legislation. The reforms shift from a special accounts system to a reserve deposit framework tied to total deposits, with capital changes for the Rural Credits, Trading, and Development Banks and a restructured board to include external directors and government officials.
Diplomats indicate the Security Council may meet to consider Wilsa’s long-pending UN membership application, first raised in 1946. Others note potential focus on India Kashmir and related issues, with a meeting possibly slated for September.
President Ngô Đình Diệm visited the Royal Military College parade scene in Canberra. He praised the cadets as knights of our time and pledged support for the Free World while lauding Australia for its role in international responsibility and defense. The event featured a royal salute, a national anthem, and wreaths for fallen cadets as Diệm departed for Melbourne.
Dr Evatt will lead the Opposition in a censure move against the Budget Estimates. He announced the attack after Labour caucus, saying the Budget is full of inadequacies and should be reduced by £1. The motion is set for next Tuesday in the House.
A large air and sea search failed to locate a man who fell overboard from the Burns Philp steamer Bulojo. The operation involved about 30 men from the Port Macquarie fishing fleet and covered four miles off the coast between Crowdy Head and Jarking Point south of Port Macquarie. The missing man’s name was not released pending next of kin notification.
Trucks carried coffins through Mandeville as the death toll from a major train wreck rose. The known dead reached 18 and unofficial totals neared 205, with a three-year-old girl named Barbara James rescued unharmed from the wreckage.
A challenge by Mr Chambers to Dr Evatt’s leadership collapsed at a Federal Park Labour Party meeting. Chambers failed to obtain a seconder, the motion lapsed, and Dr Evatt remained in control as caucus members backed him. Mr Johnson did not support Chambers to avoid embarrassing fellow members.
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