AUSTRALIAN NEWS

Hawke's Bay Tribune, Volume XXII, Issue 192, 29 July 1932, Page 8

AUSTRALIAN NEWS

TIN HARE INQUIRY LABOUR'S ADVERTISING. “VERY RICH GENEROSITY.* Sydney, July 28. Giving evidence before the mechanical hare inquiry, Harold McCauley, private seccretary to the ex-Premier, Mr Lang, related conversations with an advertising agent, Cruickshank, in regard to the Labour Party’s election advertising. He said that he told Cruickshank he did not think there would be any advertising for the Federal elections last year, as there was no money in the party. Cruickshank replied that he could get the money from the tin hare people. McCauley answered: “If yon can, then we shall get the copy.” Later, after Mr Lang’s dismissal from office, Cruickshank returned and asked about the State campaign Mver. tising. Witness replied: “We are still hard up,” whereupon Cruickshank said: “It is all right, I have seen him,” apparently meaning Swindell, “he will stand the advertising to about £4000.” Mr Monahan, K.C., who is assisting cne Commissioner: That was very rich generosity of him? Witness: Yes. Mr Monahan: Did you ask any questions? Witness: No. Mr Monahan: Was not Swindell frequently in your office? Witness: Not frequently. The question of restoring dog racing originally came from Swindell, who emphasised that there was £200,000 revenue in U for the Government at a time when money was badly needed. Mr Monahan: You led him to believe that legislation would go through? Witness: Yes, without any trouble. The hearing was adjourned.

BUSINESS QUIET ON 'CHANGE. FIRM UNDERTONE Sydney, July 28. Business on the Stock Exchange was again quiet. Bonds are fairly steady. Banks were neglected and weaker. There was little njovement in industrials, but there was a firm undertone. Sales.—Bank of New South Wales £29 5/-, Commercial Bank of Sydney, £l5 17/6, Bank of Australasia £ll, Colonial Sugar £46 18/-, Burns Philp £2 4/6, Australian Gas A £6 8/-, ditto B £6 8/6, Tooths £1 9/3, Tooheys 19/9, British Tobacco (pref) £1 4/6, Broken Hill Proprietary 16/10*. Commonwealth Bonds.—Four per cent. 1938 £9B, 1941 £97 16/3, 1944 £9B, 1960 £9B, 1955 £96 10/-, 1957 £96 12/6, 1961 £96 17/6. Melbourne.—Dunlop Perdriau 12/9, Herald and Times £2 10/-, National Bank (£5 paid) £5 17/-, Taranaki Oil 1/2.

SEQUEL TO N.B.W. INQUIRY. GOODE RESIGNS POSITION. Sydney, July 28. Goode, Chief Transport Commissioner, this afternoon tendered his resignation in writing to the Minister of Transport, Mr Bruxner. Mr Goode’s letter of resignation contained the following passage: “I feel that the terms of the Royal Commissioner’s report leave me no alternative but to resign my office.” Mr Bruxner comments that the report completely vindicates the present Government. The former Chief Railway Commissioner, Mr W. J. Cleary, whom Mr Lang retired, will be reinstated in his original position, as will also Mr S. Maddocks, chairman of the Metropolitan Transport Trust. Amending legislation will be passed for this purpose.

RECORD TASMAN CROSSING. MONOWAI’S EXPECTATION. Sydney, July 28. The Monowai has radioed that she expects to reach Sydney at 2 p.m. tomorrow instead of Saturday. If so she will break her own record from Weiington to Sydney of 72 hours by two hours.

THE SYDNEY PARK TRAGEDY. THIRTY MEN QUESTIONED. Sydney, July 2f> Detectives have already questioned about 30 men in connection with the death of Miss Hilda White. The affair is a complete mystery. The police have not overlooked the theory of robbery, as the victim's handbag was discovered 200 yards from the body.

’QUAKE FELT AT DARWIN BUILDINGS SEVERELY SHAKEN. NO DAMAGE REPORTED. Darwin, July 28. An earthquake shock was felt at Darwin at 6.45 a.m. to day. There was no damage, but buildings were severely shaken.