DIVISION IN THE CABINET

Taranaki Daily News, 18 October 1930, Page 7

DIVISION IN THE CABINET

PROBLEMS OF, AUSTRALIA;

MEETING WITHOUT RESULT NEXT AFTER STATE POLLS , ■' ■ FINANCIAL DIFFICULTIES r By Telegraph—Press Assn.—Copyright Rec. 10.30 p.m. Sydney, Oct. 17 A Federal Cabinet meeting in Sydnej has been giving further consideration t< the problems of finance and Federal pub' lie service salaries. It completed its. sjt ting to-day and the Acting-Prime Minis ter, Mr. J. E. Fenton, contented himsell with saying: “Wa discussed a numb® of subjects and are meeting again oi October 27.” That date is two days- aftei, the State elections. It is understood the Ministry is seriously divided on the subject .of - publi< servants’ Salary reduction and upon tht best methods of meeting the growing deficit. The position is rendered more embarrassing by the insistent demandfrom within the Labour movement that drastic measures be taken to relieve unemployment. Mr. Fenton declined to comment ot the resolutions of the Federal executive -of the Labour Party which were (I) the nationalisation of banking- and insurance; (2) opposition to wage reduction; (3) the utilisation of the nation’s credit for the stimulation of industry and the liquidation of loans; (4) a reduction ol interest on bank credits; (5) negotiations with Great Britain concerning Aus, tralia’a war indebtedne'ss.