EXIT LANG?

Auckland Star, Volume LXIII, Issue 103, 3 May 1932, Page 7

EXIT LANG?

N.S.W. PREMIERSHIP.

FOR FEDERAL FIELD.

Supporter Says Move May Be

Made Soon.

LABOUR INTENTIONS

{United P.A.—Electric Telegraph—Copyright)

(Received 11 a.m.) SYDNEY, this dav,

Speaking at Cabramatta, Mr. Concannon, leader of the Labour party in the Upper House, said that if Mr. Lang enters Federal politics, as he may do soon if things get worse, he hoped Mr. J. McGirr, Minister of Transport, would be the new Premier.

Referring to the payment of overseas interest Mr. Concannon said that if the Privy Council decision favoured the State Government, the Upper House would go almost immediately.

"We would then gi\- these big business men and wealthy people who are crying out about non-payment, the opportunity to pay that interest themselves. We will see how they act."

The Federal Government's demand for access to the New South Wales incometax documents was complied with as far as possible yesterday by the State Taxation Commissioner, Mr. E. J. McMahon. He indicated that ho was handing over only those documents which he was able to produce within the time limit allowed by the Commonwealth.

Other taxation documents will be made available to the Commonwealth to-day. The' notice served on Mr. McMahon requiring the production of all assessment notices docs not expire until May 12. It is understood that the State Government will not refuse to hand over these documents.

A message from Canberra says the New South Wales Government has further defaulted on overseas interest to the extent of £833,793. The Commonwealth Government has remitted the full amount, plus exchange.

The Commonwealth also paid £655,086 of interest to the Banks Commission due on May 1 on the New South Wales of per cent loan, maturing on November 1, and 6 per cent loan maturing in 1930-40.

The total amount now paid out on behalf of New South Wales by the Commonwealth is nearly £4,000,000. BEHIND PREMIERS' PLAN. MR. HOGAN'S POSITION CLEAR. LONDON, April 27. "In times like these, public men should speak plainly and without equivocation or subterfuge. While I am Premier, I will do what is right and no one will make me say or do what is wrong," declares the Premier of Victoria, Mr. Hogan, in a message from Geneva released by the Victorian Agent-General, Mr. Leitch.

"I support the re-enactment of the whole of the Premiers' Plan, because it provides for an equitable distribution of sacrifice, which is essential to save my country from irrevocable ruin.

"I will also endeavour to complete the reduction of interest payable by the Government overseas by negotiation with bondholders or by conversion of the public debt on similar lines to the conversion of internal debts last year under the Premiers' Plan."

TRUST FUNDS TAKEN.

ACCUSATION AGAINST N.S.W.

(Received 11.30 a.m.)

CANBERRA, this day.

Mr. J. A. Lyons, Prime Minister, in a message to the Teachers Federation and the Public Service Association of New South Wales, states that no State trust funds will come into the possession of the Commonwealth Government. On April 11 the banks held only £85,000 for the New South Wales Government, which had previously withdrawn £1,000,000 in cash.

Mr. Lyons says that money included in tie withdrawals must be the amounts due to trust funds.

20,000 OFF RATIONS.

SOUTH AUSTRALIA IMPROVES

(Received 11 a.m.)

ADELAIDE, this day,

Over 20,000 people have gone off rations in South Australia since the end of September. This means that the State is spending about £15,000 less weekly on relief than formerly. There are now about 50,000 on the dole.