AUSTRALIAN CABLES.

Clutha Leader, Volume XL, Issue 71, 13 March 1914, Page 6

AUSTRALIAN CABLES.

SYDNEY, March 11. Losd Rochdale, after a two months' stay in Australia, which he largely devoted to attending wool sales, will sail for New Zealand on Saturday. When interviewed he said that it appeared to hi-m chat Australia possessed such astounding prosperity that the Government could attempt almost anything from an economic standpoint. Regarding wool ho thinks that there? would be a permanent appreciation all the world over owing to more people using it. With the lifting of the American tariff the increased demand from there would be a permanent factor in maintaining the present basis of prices. Another smallpox case is reported from Heleusburg.

MELBOURNE, March 11. Tho Commonwealth Bank turned the corner during the last half-year, and showed a profit of £I4OO.

HOB ART, March 11. Joseph Belbin was executed to-day in Hobart Gaol for the murder of Margaret Led well. The condemned man confessed his crime, and said' that he deserved the full penalty of the law. This is the first execution that has taken place* in Tasmania for 25 years.