AUSTRALIA

Greymouth Evening Star, 24 January 1931, Page 7

AUSTRALIA

[BY CABLE—PRESS ASSN. —COPYRIGHT.]

QUARRY EXPLOSION. ADELAIDE, January 23. A gaol warder and one prisoner are dead as the result of a premature explosion at the gaol on Wednesday.

STOCK VALUES IMPROVE. LONDON, January 22.

The “Morning - Post’s” ’’financial editor says: A good feature of the markets is’ a fairly general improvement in Australian loans. Some Justification can be found for this improvement in the Australian cablegrams referring to the cuts in wages of a fairly substantial character,, which indicate that the Australian authorities are really trying to bring down the costs of production. This is a most important development.

CANBERRA’S FAILURE. SYDNEY, January 23.

The “Sun” is publishing the news of prominent citizens in all parts of Australia, who think that the Federal Capital should be abolished without delay.

Doctor Maloney, M.P.. is Canberra’s latest opponent, and declares that Canberra is doomed. He saj's it will drain the Commonwealth for another half century, and that at least? eighty per cent, of the Federal Parliamentarians, if given the chance, would vote for its abolition.