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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Sep 21, 1949
Page
1
The Prime Minister says urgent examination of dollar import arrangements is under way. An official statement promises forthcoming guidance from the Minister for Trade and Customs as exchange movements and higher import costs influence Australian prices and exports.
The Ottawa announced a ten percent devaluation of the Canadian dollar as a global currency realignment unfolds after Britain's move. Reports from London detail widespread devaluations including the franc and sterling, with countries like Belgium, Austria, Greece, and the Netherlands weighing further steps and market reactions in New York and Tokyo.
French critics attack plans linked to the devaluation of the pound and euro speculation as the Bank of France prepares to announce new foreign exchange sales. The French Monetary Fund of Exchange Stabilisation expected to fix monthly currency rates to the dollar.
Senate testimony warned that Russia's growing military might could aim to crush democratic governments. If unchallenged, officials said, a direct strike on the United States might be attempted, with intercontinental bombers and armored units seen as essential to deter or win a future war.
Police report a tram theft in Sydney early this morning with the line halted as Pelton cars interrupted the tram. Netters were detained and a suspect arrested following the disruption at Dowling Street.
London railway workers have backed a stoppage from midnight to tomorrow to press the National Union of Railwaymen demand for a 10s week pay rise. The strike action comes amid criticism of government measures seen as propaganda to suppress miners.
A garbled 19th century market note shows altered pricing terms and fragmentary references to exchange activity. Names and precise details are unreadable, but the text indicates unusual demand and cautious trading around silver road laser and related items.
Fragmented OCR text mentions a gathering in Brisbane with references to donations, olive of NAW Omaglae Pulido Anaoointin, and a hall event with unclear details. The readable segments point to a community or club meeting, but the decisive facts are obscured by garble and misreads.
Newcastle wool sales opened today with prices moving 0 to 10 percent. About 37,000 bales of ready wool from the south coast and 100 bales of for vais cont to be offered at the sale. The market awaited further bids and inquiries.
The United States to arraign three Balkan nations at the United Nations Organization for violating peace obligations. American notes denounced the actions and urged investigation, with Britain and France backing steps to address the alleged offenses.
Canadian inquiry into the Noronic disaster plans to question crew members and nautical authorities. Government ministers indicate possible negligence by the ship's owners as investigators seek full accountability after the blaze killed at least 171 aboard.
About 480,000 members of the United Mine Workers went on a nationwide strike amid resentment over welfare fund payments. John L. Lewis did not officially call a strike, but a broad walkout appeared likely, with Ford workers in Detroit receiving a strike deadline notice from the United Automobile Workers union.
The Cole report outlines a need to reform Canberra's civic administration, proposing realignment of responsibilities for local services, funding through a government grant proportionate to outcomes, and greater coordination with Commonwealth departments. It argues for a unified national approach to core local government functions and details budget and subsidy considerations under Parliament and audit oversight.
Mr Cole urged a Canberra City Council of 12 aldermen elected by adult franchise under proportional representation. Council terms four years with staggered elections, mayor chosen from the council. Revenue from rates, charges, sales, fares, and government grants. Services to be gradually transferred from government, including water, sewerage, roads, parks, and public health, with wards divided by need. Aldermen to be paid stipends and allowances. vacancies to trigger recounts and redistribution.
Council discusses free staff positions and living wages for officers and employees, planning secretary and experts to aid development. Report recommends broader capital projects, home pay scales, and a review of meat handling, water purity, sanitary services, and electricity management.
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