NEW SOUTH WALES

Evening Star, Issue 21078, 15 April 1932, Page 9

NEW SOUTH WALES

. 4THE FINANCIAL BLOCKADE QUESTION OF PUBLIC SERVANTS' PAY Press Association—By Telegraph—Copyright. SYDNEY, April 14. The majority of Public Servants in New South Wales received their pay to-day in bank notes, which wore taken from the State Treasury in large bags under escort. Country school teachers, however, are likely to wait till the end of next week before they receive theirs. The revenue which has been accumulating in country centres from license fees, land dues, and other sources since the Commonwealth blockade began will bo drawn upon. State Treasury officials have been in close, conference since Monday trying to prepare a method for overcoming the present difficulties and paying the staffs with a minimum of trouble and confusion. They preserve discreet silence upon the subject, ACTION AGAINST BANKS HIGH COURT APPEAL. SYDNEY, April 14. The New South Wales Government has approached the High Court for an order directing the Bank of New South Wales and the Commercial Banking Company of Sydney to repay all the State money that has been paid to the Commonwealth Bank under the Garnishee Act, and for an injunction restraining the banks’ officers from acting further without the consent of the State Government. EFFECT OP MR LANG’S POLICY. MONEY TRANSFERRED TO .VICTORIA. SYDNEY, April 15. (Received April 15, at 10 a.m.) The quarterly abstracts issued by the Australian trading banks show that over a period of one year the deposits in New South Wales decreased by £(5,091,927, while in Victoria they increased by £20,676,537. The ‘ Telegraph ’ says: “It is clear evidence that many owners have transferred their funds from this State to Victoria. This has been done with the single aim of placing the funds beyond any possible interference from Mr Lang and his extreme followers.”