BRITISH OR LOCAL?
GOVERNORS FOR AUSTRALIA ENGLAND HAS A SPECIAL INTEREST SHE LENDS THE MONEY By Telegraph. l —Press Assn. —Copyright. Australian and N.Z. Cable Association (Received April 15, 5.5 p.m.) LONDON, April 14. Tho “Morning Post” states that> England has a special interest in the appointment of governors to Australian States which Australian agitators in favour of local nominees overlook. Huge loans are floated in London on advantageous terms through the Trustee Act, and renewals are never questioned, whereas foreign lenders might easily refuse to renew, exoept on onerous terms. English lenders are happy to lend at a comparatively low rate to British dominions where the King is represented bv an English governor, but it is doubtful whether there would be th« same confidence if local men were governors. Australia has supreme confidence in herself and her superiority, which is lerdthy, but, leads to complications if over-asserted. It is noteworthy that the Australian Labour Party has never used the referendum to test the question of governors.
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Bibliographic details
New Zealand Times, Volume LIII, Issue 12422, 16 April 1926, Page 6
Word Count
167BRITISH OR LOCAL? New Zealand Times, Volume LIII, Issue 12422, 16 April 1926, Page 6
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