AUSTRALIAN POLICY

Ashburton Guardian, Volume 52, Issue 81, 15 January 1932, Page 5

AUSTRALIAN POLICY

COMBATING COMMUNISM.

THREE LINES OF ACTION!.

(PROPOSALS BEFORE CABINET.

(United Press Association—Copyright)

(Received This Day, 9.55 a.m.) CANBERRA, This Day,

Proposals for dealing with Communism are set out in n. draft memorandum which the Attorney-General presented to Cabinet as follows: (1) Amendment of the Crimes Act to facilitate the collection of evidence against offenders and to make evasion of the law less easy.

(2) Placing a postal ban on Communist newspapers and increasing the restrictions on the importation of Communist literature. (3) Examination of the constitutional position as it affects deportation.

THE FINANCIAL POSITION. BANKER'S MEET MINISTERS. (Received This .Day, 9.55 a.m.) CANBERRA, This Day. The unexpected arrival at Canberra of the chairman of the Commonwealth Bank Board (Sir Robert Gibson) and the governor of the bank (Mr Riddle) resulted in hasty cancellation of a. meeting of Cabinet. The leaders of the Government, Messrs J. A. Lyons, J. G. Latham ancli S'. M. Bruce, met Sir Robert Gibson and Mr Riddle, and for some hours traversed the whole Commonwealth finances.

It is understood that particular attention was paid to the financial situation of New South, Wales

FAITH IN SAVINGS BANK.

NO RUSH OF WITHDRAWALS. SYDNEY, January 14. To-day’s release of the full amount of the depositors’ balances in the New South Wales Government Savings Bank, now merged with the Commonwealth Bank, aggregating £50,000,000, revealed that the lack of faith in this institution while under New South Wales control had completely vanished. There was no, rush of depositors to withdraw their money, and the big staff of paying tellers waited for a quarter of an hour after the opening of the Commonwealth Bank before a. solitary depositor in the defunct State Bank presented *a withdrawal slip. The Commonwealth Bank authorities a,re delighted with the turn affairs have taken. • Mr E. O. Riddle, a governor of ftho bank, declared: “It is quite apparent that the people trust us as we trust them. We do not anticipate any run on the funds after this.”