19 Sep 1931
Page 1
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This newspaper page contains 30 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Sep 19, 1931
Page
1
A Friday report outlines a bill to reduce Inkeroat loans and extend relief. It aims to apply fixed money and bank evictions to all debts, with automatic reductions for mortgage and interest rates. The measure, tied to broader seasonal policy moves, promises relief for some creditors while shifting burdens to others.
Washington broadcast details of South Africa's adverse trade balance for August. It notes large naval and financial markings, including sums tied to British and Dutch interests, and mentions allocations and movements related to foreign investments and migration costs.
The article notes a looming shortage of tobacco in Australia until new crops mature. Officials say current stock will be insufficient for wartime demands, with production constrained by weather and labor issues. Government ministers explain the shortage stems from crop delays and reduced planting, warning of continued scarcity into the coming season.
Unclear OCR fragment describes a plane raised from a river near London with damage and a trophy related detail. Names and specifics are garbled. readable elements include a right-lieat term and a reference to a trophy, with faint mentions of a location and a stornuked event.
Immediate consideration of a wholesale revision of tariff policy in Australia urged by the Tariff Board in its annual report tabled in Parliament yesterday. The board proposes four action paths to revive domestic industry and expand exports, including export plant utilization and access to raw materials at low duty costs.
Government officials in Canberra consider seeking a 10 million pound loan from the London market to fund domestic works and relieve unemployment. If secured, five million pounds would be allocated to Australian projects while the remainder would reduce the national bank debt and strengthen the balance sheet.
The article reports that banks reluctance to fund new public works to ease unemployment could trigger a general Federal election. It notes government hesitation, private enterprise constraints, and the impact on employment amid rising prices of primary products, with officials debating funding and economic strategy.
Overseas markets show sterling weakness as Bank of England credit of £80,000,000 is drawn. Amsterdam leads declines with heavy stock liquidations causing eight to 15 point drops. Rumors of financial difficulties swirl as Amsterdam and Zurich influence Rotterdam and London. The Daily Expeem notes continental pressures depress London stocks and reserve strains.
The drain of gold to Holland continues, with 500,000 still ported today and similar prospects for tomorrow. The Bank of England remains vigilant as provision and policy are weighed, reflecting the ongoing balance of gold reserves and trade.
Kingsford Smith plans a record dash from Sydney to Melbourne in a high speed flight. The aviator targets a rapid crossing, aiming to set a new mark while progressing through planned legs toward Wyndham and Odnidalla with expected refueling at Nednel and Weather permitting, the start is tentatively scheduled for Monday.
The British cabinet contemplates the nation’s trade balance and the political implications of an early election. Cabinet subcommittees across three parties are conducting careful surveys to gauge impact on industry, finance, and public confidence amid ongoing economic concerns.
A report claims the last Indian Round Table Conference proposed tri nationalisation of the army with military training schemes. It notes India will not train at Zande huret or Woolwich while whrman remains involved in Finland.
Report from Chile on Thursday states six mutineers were condemned to death by firing squad after a mutiny. Two others received prison terms. The sentences reflect a harsh crackdown by authorities amid ongoing unrest.
In New York on Thursday Judge Goddard denied limiting liability in the Vestris loss case involving owners of the steamship Ventria and companies Liverpool Erwall River Fintte Navigation Co Lam park and MOL Ltd. The sinking in November 1944 may affect about 600 Dalingsate worth millions, with liability up to 90 000 dollars.
French deficit figures hit the New York bond scene as the Tin Chamber of Commerce signals concern. Markets show declines with foreign bonds and Australian issues under pressure. The government faces renewed calls to justify its budget gap and trade stance amid imports and currency fears.
Fragmentary excerpt cites London leaders debating financial strain and Bank of Australia ties. It notes public sentiment leaning toward accepting banking conditions amid Britain's shrinking fortunes over recent weeks. No clear events or names are fully readable in the torn text.
A London letter to the Seaham Labour party discusses Ita requests for resignation and critiques Labour ministers actions. The writer argues the executive ban on hearing Mr Macdonald, while an opposition figure labels the move as damaging to the party.
The organizers for basic wage discussions in Sydney were directed to print affidavits and supporting documents from multiple associations including Employers Federation and Metal Trades Employers Association. The registrar set October 3 as a deadline for the submission or review dates.
A London paper editorial criticizes Australian political factions and public opinion pressures over sacral rites and governance. It questions proposed constitutional changes and notes external debt concerns while reflecting on investor reactions and the Hoover era mood.
The Liberal Council in London debated tariff policy calling for economic restraint with other nations, arguing Britain should not concede concessions through tariffs. A roughly hourlong meeting focused on avoiding early elections and maintaining cautious economic policy moving forward.
A garbled report describes Burmese rebels and a general roundup in Calcutta. The text mentions a weathered uprising, a leader named Tun Why, and clashes with police, with several casualties and arrests amid wartime unrest.
Guards fired on inmates during a violent disturbance at the Muldoendon prison camp late last night. Police report two prisoners killed, twenty injured, four seriously, while three officers were wounded amid clashes as inmates attacked guards and attempted to seize armory.
Readable fragments describe speculation on an early general election. Reports cite Bank of England reps and Cabinet talks, hinting at a possible coalition and leadership shifts between MacDonald Baldwin and Barawin. Media commentary reflects cautious Tory and public reaction amid royal influence.
Sydney Wriday reports a drowning in Terban Creek near a yard in Gladerville. Ronald Jay, eight years old, was swept into the water with unclear details of how the accident occurred.
In the House of Commons the Chancellor of the Exchequer denied the net war debt Britain owes to France under the agreement. He stated the amount to be settled since 1922 would be about £264.55 million while the total war debt due to Britain from France amounts to £56 0,000,900.
A fragmented report outlines a helicopter related event at a tivist spot with funding figures totaling hundreds of millions. It cites Evan Jathe as signer of the funding and details a series of payments and totals under a Tuning agreement between Britain and the United States.
London sales opened with about 4 million bales traded in a steady market. Home and Continental competition remained strong though high selling limits caused notable withdrawals. prices were lower and sales slowed as buyers awaited further clarity.
A missionary named Taylor, staying with native workers in the Zamtesh Valley famine relief camp, was attacked by a lion. The animal bit off its foot and right hand before Taylor and the natives moved him toward Dhoria Hospital. He remained conscious during transport.
The committee on the bridge tolls outlined a funding plan for the Sydney Harbour Bridge project. It proposed small annual charges with modest passenger and vehicle rates, detailing fares for trains and ferries and indicating costs for second class travel from North Sydney to Circular Quay.
H Gordon Bennett, chair of the Chamber of Manufactures, declares there was no sinister motive behind the chamber suggestion that employers and employees discuss a nationwide solution to the Commonwealth's industrial probe.
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