AUSTRALIAN NEWS

Wanganui Chronicle, Volume 79, Issue 174, 24 July 1936, Page 7

AUSTRALIAN NEWS

LESS TRADE WITH JAPAN SHIPPING LINE AMENDS RUNNING. Received July 23, 10 p.m. MELBOURNE, July 23. It is officially announced that owing to the serious effect of tariff restrictions on trade between Australia and Japan, the Osaka Shosen Kaisha L’ne has decided to abandon for the time being its plans to run a direct service between Japan and New Zealand. O.S.K. freighters, however, will continue to call at Brisbane, Sydney and Melbourne, then crossing to New Zealand ports and returning to Sydney. BIG PROBATE DUTY SHIPOWNER'S EXTENSIVE ESTATE. Received July 23, 10.10 p.m. MELBOURNE, July 23. Victorian probate duty amounting to £121,111 has been paid to the Government on the estate of Mr. Harry B. Howard Smith, the shipowner who left a property in Victoria of a gross value of £1,066,000 in addition to assets in other States. MARKETING DIFFICULTIES NO SOLUTION YET. Received July 23, 10.5 p.m. MELBOURNE, July 23. The Federal Cabinet ended its meeting to-day without having found a solution of the marketing difficulties arising from the Privy Council’s decision. The matter will be further considered at a Cabinet meeting at Brisbane early in August. The Prime Minister stated that there was no likelihood of an early referendum for alteration of the Constitution, the cost of which was estimated at £lOO,OOO. Cabinet gave consideration to the resumption of trade negotiations with Japan, but the Prime Minister indicated that no announcement could be made for some weeks. He indicated that the Commonwealth was unlikely to depart from the principles of its new trade policy.