FAILURE IN AUSTRALIA
INJURY TO INDUSTRY, BURDEN OF STATE DEBT United Press Association—By Electric Teligraph—Copyright. (Received 24th May; 10 a.m.) v CANBERRA, This Day. Speaking on the amending Ar__< tralion Bill in the Federal HouseMr. Rodgers (Victoria) said that tha central, compulsory arbitration system in Australia had failed, and tha time had arrived for the Commonwealth to surrender to the States the absolute control of their industries. The Australian people were seized wjth the opinion that the great central, compulsory arbitration system was a great caterpillar-like instrument which arrived two years after a dispute had' gone. The Government permitted the secondary industries to enjoy a high social standard, while the primary industries languished in poverty. The States in 1914 owed £330,000,000 at £3 12s 6d per cent, interest; to-day they owed £640,000,000 at £4 Ss 2d per cent, interest. This explained the present new social standard, and there was not enough money in industry! to support it. The debate was adjourned.
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Evening Post, Volume CV, Issue 121, 24 May 1928, Page 11
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161FAILURE IN AUSTRALIA Evening Post, Volume CV, Issue 121, 24 May 1928, Page 11
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