PREMIERS' CONFERENCE
Press A^saoaatwn—By Ttelegraph-^Oopyright. HOBART, March 9. The Premiers are sore over the return of the Federal Ministers without further participataon in the proceedings of the Conference. The Press representatives were excluded from to-day's dcKberafckras. MR FISHER'S STANDPOINT. A HORROR OF BORROWING. HOBART, March 10. (Received March 10, at 9.50 a.m.) . Mr Fisher (the Federal Premier) informed the Conference that the Government had no intention to take full advantage of the Braddon clause, and they wished the Conference and the country to get out of their minds the idea that the present Government, if in office at the end of 1910, intended to seize the whole of the Customs and Excise revenue. He desired, in a general way, to see the financial relationship of the Commonwealth and States separated on some satisfactory basis. He was.not irrevocably committed to any scheme which compelled all the work required by the Commonwealth to be constructed out of revenue. At the same time he viewed with political horror a seventh borrower in Australia, and it would take something to move him to launch out on a borrowing policy until some arrangement had been first come to between the Commonwealth and the States.
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Evening Star, Issue 14004, 10 March 1909, Page 6
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199PREMIERS' CONFERENCE Evening Star, Issue 14004, 10 March 1909, Page 6
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