AUSTRALIAN PROBLEMS

Wanganui Chronicle, Volume 74, Issue 111, 13 May 1931, Page 7

AUSTRALIAN PROBLEMS

WATERFRONT LABOUR REGULATIONS OVERRULED Received May 12, 9.15 p.m. Al EL BOURNE, Al ay 12. The High Court, by a majority vote, decided that the waterfront employers may engage whatever labour they require irrespective of the Transport Workers’ Regulations. NEW ZEALAND BONDS DEMAND ON STOCK EXCHANGE Received Alay 12, 11.15 p.m. SYDNEY, May 12. On the Stock Exchange to-day, the demand was renewed for New Zealand Government loans and ■ \ debentu • s maturing in .1937, which realised £l2O, and many buyers were lot supplied. Bank of New South Wales shares hardened 20s, otherwise the investment market was irregular, with bonds generally weaker. CABINET AND SENATE AN OTHER REG ULAT lON Received Alay 12, 11.20 p.m. CANBERRA, Alay 12. The Federal Cabinet, as a result of the High Court’s "ccision in the waterside case, intends to enact another regulation similar to the one the Senate has already disallowed, and the process will be repeated as often as the Senate disallowed the regulation. The Prime Alinister declared that the attitude of the shipowners was vindictive and was preventing peace on the waterfront. Sir George Pearce, Opposition leader in the Senate, said the Court’s decision was very gratifying. The shipowners had a clear duty to the volunteer wharfmen who came to their assistance three years ago, since when work on the waterfront has gone on peacefully and efficiently. SLAUGHTERMEN’S STRIKE NO SETTLEMENT IN SIGHT Received May 12, 11.20 p.m. MELBOURNE, May 12. The slaughtermen’s strike against the wage reduction is still in progress. All export works arc now idle, but householders are getting fair supplies of meat from country killing centres.