FINANCIAL SLUMP
AUSTRALIA IN DIFFICULT POSITION
POWERS OF RECUPERATION
PRIME MINISTER CONFIDENT
(United Press Association—By Electric Telegraph—Copyright)
SYDNEY, 3rd February. The Prime Minister (Mr Scullin) and Mr Bavin (State Premier) had a further talk to-day over the financial position. Mr Scullin later made a statement that while the position of the Commonwealth as a whole was admittedly difficult it would not be improved by undue pessimism. He had absolute confidence in the resources of Australia and its powers of recuperation, therefore he counselled the community not to view the outlook through dark glasses.
POSTAL EMPLOYEES
TWO THOUSAND DISMISSALS
(Received 4th February, 12.45 p.m.) SYDNEY, This Day.
It is reported that all postal constructional work is to cease, entailing the dismissal of more than two thousand employees throughout the Commonwealth.
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Bibliographic details
Nelson Evening Mail, Volume LXIV, 4 February 1930, Page 2
Word Count
129FINANCIAL SLUMP Nelson Evening Mail, Volume LXIV, 4 February 1930, Page 2
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