TO-DAY'S NEWS HIGHLIGHTS

Evening Star, Issue 26185, 21 August 1947, Page 1

TO-DAY'S NEWS HIGHLIGHTS

IN THE DOMINION Budget To-night. —No changes in taxation are expected in the Budget to be presented in the House to-night. This will be Mr Nash’s tenth Budget, and will constitute a record number prepared by any Minister of Finance. Aid For Britain. —The widely-repre-sentative conference at Wellington pledges tlfe ntmost aid for Britain in her economic crisis. Otago Suggestion. —The Otago executive of the Federated Farmers says that the best way to aid Britain is to increase food production and speed up transportation of vital commodities. Rea Cross and Corso. —The Bed Cross, desiring to safeguard its own identity, withdraws from the Corso organisation. City Buildings.— The Mayor expresses his appreciation and pleasure because of the attention being given the renovating of Dunedin business premises. OVERSEAS Australian Banks. —The decision of the Commonwealth Government to buy banks shares at prices ruling last Friday caused the biggest wave of selling for years.

India. Large-scale rioting is reported from Alwar State, 100 miles south of Delhi.

Britain’s Economic Crisis.— lt is reported that America will demand more drastic recovery measures in Britain as a condition of any further U.S.A. aid. Balkans Dispute. —With Russia using the veto twice in one day the Security Council will report to the General Assembly that it is unable to solve the Balkans dispute. Spanish Tragedy.— More than 400 bodies of victims of the explosion at Cadiz have been found. Birthday of Princess. —Princess Margaret Bose, 17 years of age to-day, spent the day quietly with the King and Queen and Princess Elizabeth and Lieutenant Mountbatten. ANNIVERSARIES 1770.—Captain Cook took possession of New South 'Wales at Possession Island. 1808.—Wellington won Battle of Vimeira. 1912.—General Booth died. 1915.—Hi1l 70, Gallipoli, taken by Suvla Bay forces and lost again; Anssacs took Hill 60. 1918.—Second battle of the Somme began. I.939.—(Russian-German pact signed 1941.—Germans launch third big offensive on (Russian fronts.