FINANCIAL SITUATION IN AUSTRALIA
CONFERENCE OF MINISTERS . ..'!'.(Reo. November 5, 1.25 a.m.)' v • Melbourne, November 4. The Conference of Federal and State Ministers has not.finished.the discussion of the financial; position. • It was disclosed that several of the States were hard pressed for money as the lesult of the war. and other, factors, their various v requirements totalling about £20,000,ooo. : ■-'■: :-■-;:•• .■' Mr. Fisher; the Commonwealth Premier, announced that the Imperial Gov-ernment'was'-prepared to secure money through a loan redeemable in a convenient period. •■-. '•."•. The Conference decided that Mr. Fisher .should consult the,. Imperial authorities and' ascertain the amount available. ■■■. . ...
The Conference also discussed *the locking of the River' Murray and the unifying l of tlie railway gauge. The Federal Government is prepared to find a .million sterling towards the Murray scheme. .. ■
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Dominion, Volume 8, Issue 2299, 5 November 1914, Page 6
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128FINANCIAL SITUATION IN AUSTRALIA Dominion, Volume 8, Issue 2299, 5 November 1914, Page 6
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