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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Forbes Advocate
Location
Forbes, New South Wales, Australia
Date
Sep 12, 1947
Page
6
A historic court ruling affects a 10 000 pound rate dispute involving the Crown and the Bland Bank. The text notes government powers and disputed land seizure as the Bank governs funds, with reference to the Savings Bank and related authorities amid financial contention.
A new electrical generation facility is proposed for Cowra at the former Paws Alvolel Distillery site. The Department of Public Works negotiates with the Commonwealth Government for purchase of equipment and auxiliary machinery to support a steam power station. Details to be announced to residents around Forbes and Parkes.
A fragmentary reminiscence by Herbert T. Biggs recounts memories of Will Ogilvie, the poet and entertainer, at the Wellington area. The piece recalls evenings on Caswell Green and Conger fledges, with notes on his performances, friendships, and the social scene. A closing Wanted to Buy notice appears about clean woolen rags in the Advocate.
The writer argues for government ownership of the banks, comparing the Bank of England with Commonwealth Bank and urging privatization for Australia. He contends currency monopoly hurts printing notes and laments monetary policy, claiming nationalization could end the era of trading banks and boost the economy. He envisions government ownership aligned with private enterprise.
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