AUSTRALIA'S UNEMPLOYED.
PROPOSALS FOR RELIEF.
CONFERENCE OF PREMIERS.
ACTION BEFORE THE WINTER. By Telegraph—Press Association—Copyright. (Received March 11, 11.45 p.m.) CANE-ERR. A. March 11. The Prime Minister, Mr. J. A. Lyons, announced in the House of Representatives to-day that the Government intends to submit proposals for the relief of unemployment to a special conference of premiers. This will bo held immediately after Easter.
Mr. Lyons said the Cabinet was fully seized of the need for doing something before the winter as Parliamentary action was incapable of solving tho problem. It, was quite impossible to borrow money.
However, said the Prime Minister, lie was hopeful that tangible results would come from the forthcoming Premiers' conference.
FINANCIAL AGREEMENTS BILL FOR ENFORCEMENT. FEDERAL SENATE AMENDS. (Received March 11. 11.45 p.m.) CANBERRA, March 11. The Senate to-day passed the Financial Agreement Enforcement Bill with amendments. INTEREST DEFAULT. QUESTION IN COMMONS. NEW SOUTH WALES DEBTS. LONDON, March 10. In the House of Commons Sir J. Haslam (Conservative —Bolton) asked whether it was proposed to add any Australian loans to the Treasury trustee list under the 1900 Act, without revision of the terms and safeguards to protect the trustees against a recurrence of the recent delay in interest payments by the New South Wales Government. Sir V. Warrender, a Lord Commissioner of the Treasury, replied that he was not aware that any new Australian loan was in prosp.ect. The question, therefore. had not arisen.
The reply does not, however, satisfy tho questioner, and a further question will be tabled asking for the removal of New South Wales stocks from the trustee list, or for the publication of a notification of default as a warning against further evasion.
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Bibliographic details
New Zealand Herald, Volume LXIX, Issue 21130, 12 March 1932, Page 11
Word Count
281AUSTRALIA'S UNEMPLOYED. New Zealand Herald, Volume LXIX, Issue 21130, 12 March 1932, Page 11
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