REVIEW OF WEEK.

Press, Volume LXVII, Issue 20180, 7 March 1931, Page 15

REVIEW OF WEEK.

FEDERAL SITUATION. OPPONENTS OP ftOV&ftfrMENT / TAW mkR% (SeWived Jtferch 7 th, ;1 ikon.)' March 6. This week's political happenings In Australia £ave ' given the people a littll Mart; ' i Thfe . feSditßtructitm. of tile tfitleral Utiidstry Wiih the casting iflut o| thd Hjijfllcittailta Uhs beon hailbS ifritll tllS ilttoost satisfaction in financial circles. Opinion is nxtW gaining ground that the day when tie Sculliti will have to fafee the dlefitdi's is rapidly drawing- nedr, jihtil Wafen no perceptible improvement' iii thtif- economic conditions can be, aoped fet. I Thd tJovernment's fate, it would api pea/j tltiflShds on the Bill for the- crea- [ tipn of a fiduciary currency of £18,006,i 000. Senator Hayes is responsible fbr I the stateinent that tlib Senate -Will cer- | tainly reject it. will arise a briftis, and ttit appeal .to the jJddJjle. > Labour leaders declare that the issUe theft ; Will, be thfe ilfetldrittllsatlon bt banking. . The East Sydney by-olectidn, the "(jUitbtiife df wliicli Shofild bfe q,t the week-end, may further complicate this Federal situation. This se&t hitherto has been regarded as safe fbr but tlio\frl6Mß ol the National candidate, Mr Cotfrtbnjty, consider thtit lid li aa ibdtG than ft sorting chance bf ' ; 0n the othGif hand, should th& Lfthotif lioiiiliiee, Mr Ward, win, illeii Mr Sbullin, according to the Preds, is bound to include him with five othfer New South Wsllfes inefiiberfl/ Wllo advbcate repilditttlbil, rttld ifrllosii t&Stics aire responsible for the present impasse. AUSTRALIAN NOTES IN \ lidttflON. -i ' « I LONDONj March 5. [ . tPfioiigh only 6d is offered for Australian notes, the tourist agencies j are jibW chafglitg 133 fbir tliem, indi- | eating either an approaching reduction I in the exchange ratb or the scarcity df Australian notes herd. * FfcDEftAL DEFICIT* ' — 4 - E&fiMAtB. CANBfiEEA, March 6/ The Commonwealth. Auditor-General, itr C. «f. Oerruity, in his report on the finances for the year OpdcdiTuue, 2930, eatimiites the federal deficit at £lo}tMJOJtfflti ioi l tin} year ending june 30th in dddltlbh tbtKb ft,ceJiiiro]titfld d<s- - shown ih the acdtitiiitS&t Jiine SQtL 1030. H« -'OtU .iMt tlte ,bwah6ifi& oi 1 the Budget fchlii flitaiieMl ykkr, Is eli&irly iiSfe" tifacticAblk,. fe!SB iii tHilt aii.eem A mfoJby nkvw% itt ahd fedaitibnal taxdiibil,' isrhigHi in tHB drdiiatftaiißes. cdjiadt be •ivoidtid, lifip&lafiiWe it inay M' , \ liifiOtlß PABTY IN itTS'RflAtlA. ' .A- DIWI3BB CAMt\ ~ t % nf it mT,i Wltttinflfatr.) - f'i-Witjnr, as, Ilibi biJ ifii,.w3florip.the. "w&t the itis lifit- bo tetejja; tie k sii&l .muddle, froufi tilt well itlgh til m thgrfe slnv- ' tfertalnl?, Mt at the > M hb&a. id mm the jfe* /OS > %1-AußttftHfta io hlth 1« thi li thit Sealliti ftltitioft 3 Mfb With thi - ft' fc)l ffiattert oi i iltMtJbf dfid avery Sits "At ittbJSuTe^M lit Bdfai nAA wmm - M ,t«' lelgit 4 ift pp^Httpport on t|e Jktoi bc«ktUie bjs noi jpiioy it ton* , t } Jr \M# «« it*a6|tili grast mm. iteifliKrt of km m iite jiMlfcl tti6. swtis Mf called, -uitod .*u*e 'jwltionr. jnftHi Hi™ WW, b# ;jilhr«|^r9ftifled to do ao» .tip# datf -to Buji- • j)njr« «»1 jr ii to efldorffi« tßtt pfllley V tbe Federal isftjusif aay« ma# s«mmm, fcnA ,thfey w' > e±phl' . TM«e feed S 0 Amm ifMliitt b*A Hafrfl ftbthihg do WlAl'ftpfti -jM alter, hoiaiiijf r iii -feydiiey on Tnes%e $£&!& *?BputlVA that iNow it is said that *hon jotitictih'' tteefe ne*t wfeek hflt« dicidftfl to 'lt l«'gowg t« bfe 1 . the/ OftPiiiot/. ./M 1 himself ihtf Btwageat aan 14 morfefoctit td--'iM 1 h net cie«< i ■hf£> ttrdulfi-- Hot .J&4M; mrt«y ,t&6Hg,ihls 4i<Mr niflmbart to wi*y 4 present It life Milnwr thvthfe m

WlvJI 'iUJjr 'KIJIU MI wwiipwuww i i" i i iii limWili : ulii nflwjfc Wi |? 'toni btlC Mdrjw tlevet a BafiSHl" etr'Bllglioia. BflSt SyA\ ; . dfd defeats Labodf ttterb tfould Baw tgffertfUSsiohe tjtfe&ihotit the CdfliifieHMWaltb ahd *6Wa fdooitt of ttt limg, and * liar ;SottUifl*##d US f ell. - JSflifc %dfce.y takesin a big industrial ah3Bj 'Where, for SO J-fcars past, th'er dritatfr rhave f&ftrtteed ;Lalf6urj er«tfa ihottgtt : the ififtttwafe a fflastfcfcplljwW. Still, it t&toainft tb be neSii Mtttflfei: 'BiboutAftii feftitt i success ftaodicdisea as ifc' ia bv the Lang prbgfanatte of repudiatiOh- ■ HM gerißfftl is that 'Labour will. win, the"at, but * ' "greatly-willed riiajonty. JVen. if thfe majority dwindles, the Nationalists will' be Wlfl gfltisdefl. • ?w6 ihty ar& ItotEtef to' victory, find tH# 'to*; M- • ting mbrt* vigotlr into this > catepfligfi ,-.Mr Lahij) .when he! spoH« iri thfe >dle4orM6 last Mohdav night* hitfMfc Wonderful rtseeirtion from about,<ooo peoplei Wh6 .cheered .to tta<s. |cholul9 "that he would toei bfc dictated io. py the tfa# civil eervailis would hot bft pertin.tted to suffer, the/capitalists' would lave to, make * sacrifices ia contaion' with of the cpm^ and' bo tin, Not once did he show h# would balance tM Stffte budget, but

..tamcrfttd ' , At it special meeting of the St. Patrick's Sports Association yesterday, it" waß deoiaea to tevens- tue decisiofi teiifett aiat# bfidM Bold flie its at first at#Bfig#d/ tin March 14thi .The dd- ■ ci^6ii : ;wits -life aut»6#i«. of, tfcff Association learning that tiiere;-tam|a b«J nb J»roadai^g^^g^J[gM