CONDITIONS IN AUSTRALIA.

Otago Daily Times, Issue 20867, 6 November 1929, Page 11

CONDITIONS IN AUSTRALIA.

A TRADE DEPRESSION. AMPLE MONEY FOR PLEASURE. (Special to Daily Times.) AUCKLAND, November 5. “There ia every indication that Mr Scullin, the new Prime Minister, will be given' a chance. He is a sane sort of individual,’' said Mr P. Selig, company director, of Christchurch, and at one time managing director of the Christchurch Press, who returned from a trip to Australia by the Maheno this morning. "Mr Bruce made some tactical blunders, he continued. “What.is really wanted over there is an Arbitration Court to operate over the whole of Australia, and not in each State individually. There is no mistaking that fact.’’ Business people in the Commonwealth are complaining sadly about'the lack of trade, Mr Sehg said, and the drop in the wool cheque was bitting them very hard. Just before ho left, however, there was a tendency for the prices of wool to go up. There appeared to be an orgy of spending in Sydney, especially on pleasure and amusements. The theatres were packed day and night, and there did not seem to be any lack of money for those purposes. Buildings, too, were going up all over the place. Despite that fact there were over 1000 flata to let in and around Sydney, and they were still being » built. One of eight storeys was being constructed in Manly, and it would be a most elaborate affair. Everything with the of boots was dearer than in New Zealand.