TRANS-AUSTRALIAN RAILWAY.

Taranaki Herald, Volume LIV, Issue 13205, 2 July 1906, Page 5

TRANS-AUSTRALIAN RAILWAY.

- ' m United Press Association.—^By ElecTefegTaph I—<Copyrigiit.1 — <Copyrigiit. London, June 30. Strong financial houses have made a proposal for the construction of an Australian Trans-Continental railway. They offer a fifty thousand pounds deposit, with a twelve months' option, and are anxiously awaiting the decision of the South Australian Government. They, are confident of the Buccess of ■ the scheme, if it is not" delayed. ' ' r Received Ju,y 2, 10.12 t a.an. Adelaide, Julyi 2. With reference tor the ' Trans-Contin-1 ental Railway cable, the Premier (Mr ,T. Price) states that the syndicate mentioned has been- formed by . Mr A. Harirold, formerly of Adelaide Taaid now of London.; Mriß. McEwen is the Adelaide representative of the syndicate. The Premier cannot understand the statement, that Jhe syndicate is awaiting the decisibh^of the *' South' Australian Government, because it was cabled last. week. (The line will connect Oodnadatta, the,' ter(minus' •of the/ railway frottn Adelaide," with Pine Bush, the terminus of the Port Darwin .line. South Australia was some little l time/ ago endeavouring to atrange for the construction of the line; Gfa the land' grant principle.) . \ -