MR BEVIN RETURNS

Evening Star, Issue 20252, 13 August 1929, Page 8

MR BEVIN RETURNS

UEStI SOUTH WAS.ES PREMIER 013 mmilkl PREFERENCES

DISASTROUS IF DUTIES ABOLISHED

[IT:a United Puess Association.!

A PCiv LAN D, August 12

Mr T. 11. Bavin. Premier of New South Wales, is. a through passenger on ihe AJakura to Sydney. “I. - met tho political ■ leaders when they were verv much immersed in local affairs, the' General Flection having only recently taken place, and the Ramsay Mac-jJonah] Governnv'ut being in process of assuming office,” Mr Bavin said. “ Because of that I had little opportunity of discussing with the. new JVlmisters such matters as .Imperial preferences. All .1. can say, under Huff head, is that, unquestionably, it will bo disastrous if the preferential duties are abolished.. That opinion is held not only by one party in Great Britain, but. m.) far as 1 could judge, by all parties in the dominions and colonies i visited. 1. round Canada and Fiji intensely interested in the question. Tim raising ol ‘Australian loans on vise London market was one of the snbjcels to which Air liana said_ he had paid special attention,, “ When discussing the Commonwealth and State finances, and industrial conditions with financier.-. t was rather disappointed to find that most of the now_ arrangements which have been made under tho Commonwealth. Loan Council agreement have not been fully appreciated in London.” be said, ‘"Wo Lave done by that agreement exactly what our financial advisors have urged us for many years to do, but that fact does not seem to be fully understood. 1 am satisfied, however, that when tiiq .significance of the agreement is Billy realised in London it will result in a .substantial improvement in the credit of Australia.”

Coming nearer home, Mv Bavin said the principal question awaiting his return'was the coni trouble in New South Wales. “As T have been away. 1. am unable to .-ay any thing concerning the dispute, but’ T regret extremely'that, up to tbo’present, no means have been found for .securing resumption of work on the fields,” lie said. “ I knoiy my colleagues have done everything possible towards that end.”