AUSTRALIAN AFFAIRS
BRAKE ON EXTRAVAGANCE.
Press Association—By Telegraph—Copyright
SYDNEY, April 13. (Received April 13, at 9.30 a.m.) Being opposed to such large commitments in war time, the New South Wales Legislative Council threw out tho North Shore bridge scheme, involving an outlay of £1,750,000.
CAUTIOUS FINANCE,
LIFE INSURANCE EXAMPLE.
SYDNEY, April 13. (Received April 12, at 8.45 a.m.) At tho annual meeting of the City Mil. tual Luo Association the chairman stated thnt tho society had fully half a million sterling at stake on tho lives of 2,500 soldiers. Ho urged the need for private and public economy, and depicoated the extravagant expenditure of public money. This was vie ol the reasons that led to Lis asking his co-directors to como down to a 3 per cent valuation of tho association's assets and to withdraw £IOO,OOO from tha hinds to strengthen tho inner reserves.
THE GAS RING,
SYDNEY, April 15. (Received April 13, at 8.45 a.m.) Tho High Court, dismissed the Sydney Gas Company s appeal against tho deClaration ot gas as a necessary coimnoditv.
RAILWAY CONTRACTOR KILLED,
SYDNEY, April 13. (Received April 13, at 9,30 a.m.) Mr James Angus, railway contractor, 81 years of age, has been run over and killed on the railway. In his younger days W was prominently connected with tha'New Zealand railways' development.
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Bibliographic details
Evening Star, Issue 16088, 13 April 1916, Page 6
Word Count
218AUSTRALIAN AFFAIRS Evening Star, Issue 16088, 13 April 1916, Page 6
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