Page 6 Advertisements Column 2

Hokitika Guardian, 23 March 1931, Page 6

rhe international cable news appearing in this issue is published by arrangement with the Australian Pres* 4ssociation and the ‘ Sun Herald’ News Service Limited special arrangement, Reuter’s world service in addition to other special sources of information is used in the compilation of the oversea intelligence published in this issue and «li rights therein in Australia and New Zealand are reserved. such cable news on this page aa is so headed h. 3 appeared in “The Times' and is cabled to Australia and New Zealand by special permission. It should be understood that the opinions *rd not tho3t> of “The Times’’ unless expressly stated to be so. Replying in the House to Mr Hughes Mr Scull in said that Sir R. Gibson, ol the Commonwealth Bank, had expressed the opinion that it might lie necessary some time, in order to meet obligate ion overseas, to ship Australian gold. Mr Sculliii added lie thought that position was rapidly arising. No information has been received regarding the New South Wales Government’s arrears of interest payment, already totalling 1:22,57(). In the event of default, it is pointed out that the State may be sued l>,v bondholders and any of the parties to the financial agreement. MR LANG’S STATEMENT. (Received 10.20 a.m.) SYDNEY, .March 23. Mr Lang states his interest reduction plan will operate for only two years, when lie expects the country will be sufficiently recovered to enable its discontinuance. A bill increasing stamp duties is believed to be pending in tile Assembly this week. THEODORE PLAN. MELBOURNE, -March 23. Speaking at the eight hour day dinner, Air Soullin declared the Ministry were going ahead with the llieodore plan. ORGANISING FOR LYONS. ADELAIDE. March 23. Bagot. organiser of the Citizens* League of South Australia, estimates Mr Lyons will have an organisation throughout Australia with a membership of two millions behind him, if the Conference of League and kindred associations is successful.