N.S.W. FINANCE

Grey River Argus, 29 April 1932, Page 5

N.S.W. FINANCE

FEDERAL GRAB For Whole State Revenue (Aus. & N.Z. Cable Assn). CANBERRA, April 28. The House of Representatives passed the amending Financial Agreement Enforcement Bill through all stages by 43 votes to 13. The bill will be passed by the {Senate, as an urgent measure to-day. The Bill is more drastic than the original measure, and covers up all loopholes for Mr Lang evading enforcement. The Commonwealth proposes to attach the whole revenue of New South Wales, and probably seize money now held in the Treasury vaults. The New South Wales members of the United Country Party waited on the Prime Minister, Mr Lyons, and urged the Ministry to proceed without delay to compel the New South Wales 'Government to carry out its obligations. Doctor Page announced I that his Party were solidly behind the Government. He added that unless something happened to correct the position in New South Wales, thewhole of Australia would be involved in a general crash.

N.S.W. Auditor-General ADVERSE REPORT ON GOVERNMENT. SYDNEY, April 28. The Auditor-General of New South Wales has submitted a special report I as to thc action of thc Lang Government in withdrawing Treasury moneys from the banks in order to circumvent the Commonwealth, and making payments by cash instead of by I cheque. This, says the Auditor-Gen-eral, is in contravention of the Audit Act. LANG’S REPLY. AUDIT ACT INOPERATIVE. SYDNEY, April 28. Mr Lang, in a statement in the Assembly, defended his action in paying I State monies into the State Treasury. , lie declared that the Commonwealth 1 attitude has rendered thc Audit Act inoperative. N.S.W. Tax Commissioner REPLY TO COMMONWEALTH. (Recieved April 2 Sat 9.10 p.m.) SYDNEY, April 28. The Commonwealth Government served notice on thc New South Wales Commissioner requiring him to deliver within four days all the taxation files and documents now in the possession of the State taxing authorities. It is understood that the Commissioner takes up thc attitude that he is unable to produce them, as they are not even available to him. N.S.W. OPPOSITION. PROMISE THE MOON. SYDNEY, April 28. The policy of the United Australia Party was" outlined by Mr Stevens, at an overflow meeting at Sydney Town Hall. Thc policy was unanimously and enthusiastically endorsed. Items of the policy announced included a continuance, but revision of thc Moratorium and Rent Reduction Acts, increased employment and reduction in the cost of living, wage adjustments to retain trade and industry in New South Wales, co-operation with the Federal and other State Governments in adherence to the Pre-. miers’ plan, financial administration which would restore public confidence, and reduction in rates of interest and other charges.