28 Jun 1935
Page 1
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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Laura Standard And Crystal Brook Courier
Location
Laura, South Australia, Australia
Date
Jun 28, 1935
Page
1
A turbulent discussion in Australia critiques delaying Parliament recesses and rising public spending. Taxpayers face higher costs while leaders pledge reforms, warning that debt and idle investment harm wages and industry as the nation searches for a clear remedy.
Musings note the last week's Maal wool sale in Adelaide as the best of the season with Germany a strong buyer. Despite London hints of lower lamb prices, overall marketing and skin values lift the outlook while wheat prices face pressure from European production shifts and Canadian policy.
The text notes motorists can obtain a quart of carbon tetrachloride as a fire extinguishing solution. It states the liquid is not inflammable and effective if used quickly.
Statements from Governor of the Federal Reserve Bank and Sydney Telegraph readers criticize debt, taxation, and monetary policy. Advocates of Social Credit urge self funding via sovereign money, widespread public works, and abolition of borrowing. Critics warn against destructive inflationary ideas and urge responsible fiscal restraint.
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