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Newspaper
Numurkah Leader
Location
Numurkah, Victoria, Australia
Date
Dec 02, 1930
Page
3
An industry writer argues Australia endures hard times yet eyes forward with renewed vigor. He cites wool and wheat cash flows, bank lending, and government bonds as levers for recovery, urging resilience, prudent finance, and a steady tariff policy to foster ongoing growth and national prosperity. He evokes Australian pioneers and cautions against panic, urging continued confidence as conditions improve.
Mr D H Gideon chair of Victorian Wheat Growers Corporation Limited announced the coming season will include a contract wheat pool on the same lines as last year. Contracts must cover at least 40 percent of Victoria's total wheat area, which has been exceeded. December 13 is the signing deadline. growers failing to sign lose pool participation. First advance is expected around 75 to 80 percent of net value at season start, with details to be published soon.
Subscriptions to the Commonwealth cash and loan drive include several savings societies managing about 130 million in assets and protecting 2 million policyholders. Investors are urged to convert bonds now as maturity and interest details vary and early application helps uphold Australia’s war-era commitments. Cash and conversions available at banks or post offices with options: 6 percent for 2 years, 5 percent for 10 years, and 4 percent for 20 years.
A Melbourne era tale of a mother and her son traveling the Hume Highway near Violet Town who, while refilling a radiator, drew the attention of two paddies. The boy climbed a gum tree to escape, as the paddies pursued him, while locals including Mrs B Linton-Smith and Mr Elroy intervened. The ordeal ended with the boy safely down, water obtained, and the incident prompting a charity appeal for Dr Barnardo’s Homes as Christmas nears.
A Numurkah social closes a successful year with thanks to Miss Margaret Smith and Miss Hilly Tyres for choir training. The event at the Presbyterian Hall features singing, games, and a presentation of a crystal bowl to Miss Smith, with Mr Guenther praising the choir’s progress and community support.
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