AUSTRALIAN NEWS. THE MURRAY WATERS QUESTION. WITHDRAWAL OF CAPITAL. ADMISSION BY THE DAILY TELEGRAPH.

Evening Post, Volume LXXI, Issue 90, 17 April 1906, Page 5

AUSTRALIAN NEWS. THE MURRAY WATERS QUESTION.

WITHDRAWAL OF CAPITAL. ADMISSION BY THE DAILY TELEGRAPH.

COMPLETE AGREEMENT ARRIVED AT. [PBES3 ASSOCIATION.] (Received April 17, 9.45 a.m.) SYDNEY, This Day.

Ail agreement has been arrived at unanimously by the representatives of New South Wales, Victoria, and South Australia, for settlement of the Murray waters difficulty. The limitation placed on the use of the water by 'New South Wabs pending the .establishment of a system of water conservation works lias been fixed at 220,000 cubic feat per minute, and Victoria is limited to 130,000 cubic feet. During the diy monlihs these amounts are to bo reduced. The- volume of water in the river channel at eastern boundary of South Australi-i must not he reduced below 70,000 cubic feet per minute. - [Tho settlement of the Murray waters question removes a, long-standing source of disagreement belvreen the Slates concerned. The river, which is the most important- on tho continent, rises on the western slopes of tl |c Australian Alps, and flows west and lwrth, dividing New South Wales from Victoria, for nearly eight hundred miles. It then enteis South Australia, and turning south reaches tha sea. by Lake Alcxnndrimi, forty-eight miles of Adelaide, after n total flow of about eleven hundred miles, during which it drain 3 270,000 square miles of territory. It has bean a perennial giiovance o r South Australia that the navigation of tho lower reaches of tho river has been /interfered with by the upper waters being drawn off by tho other State 3 for irrigation and mining purposes.]

SYDN.EY, This Day. The financial article in the Sydney Daily Telegraph, while declaring that the London Statist's- estimate that twenty millions has been sent Jlome for investment is exaggerated, ad,»iit3 that twelve millions has been 1 emit ted to the Old Country within the past "two years. NEW HEBRIDES. ■MELBOURN E,, This Day. Mr. Deakin, Federal Premier, lias received a confidtsntinl despatch relating the settlement of the New Hebrides question. THE LABOUR PARTY AND PROTECTION. SYDNEY; This Day. Commenting on the stand taken by tha Victorian Labour Conference against the protectionist overtures, the- Secretary of the New South Wales Political Labour League states that me tubers of the Labour parly have dcoiilctl to look to their own platform for their industrial salvation. NUCLEUS OF THE FUTURE FLEET. LONDON, 15th April. The Daily Express states ' that Captain C'resswell, Naval Director 'to tho Australian Commonwealth Government, alter visiting shipyards on the Tyno and the Clyde, has forwarded to Sitnator Playford, the Federal Minister of Defence, specifications and estimates for four destroyers and fQur torpedo boats.