AUSTRALIA'S TROUBLE
SCULLIN ON THE OUTLOOK
BOUNTIFUL EAINS
United Press Association—By Electric Telt-
criph—Copyright.
CANBERRA, 20 th February.
Addressing the Premiers Conference, the; Prime Minister (Mr. Seullin) dealt with the depression from which Australia is suffering.
'' We are feeliug the effects of overborrowing, '' said Mr. Scullin. *' Our difficulties are accentuated by a poor season, a smaller ' wool clip, reduced wool prices, an. unresponsive loan market, and also one serious industrial dispute, but recent rains in all parts of Australia indieato that the outlook for agricultural and pastoral industries is probably brighter than, for years past. A return -to normal conditions may he expected at no distant date."
Mr. Scullin advanced various means for effecting economies in the cost of administration, such as electoral cooperation, one ttix-gathering authority, and tho amalgamation of the AgentsGeneral in London under one roof at Australia House.
The Premiers of the different States then' expressed a hope that the conference would first begin an examination of the Commonwealth Js financial position in order to arrive at a common ground for the restoration of confidence in England. 7 ..'... '■
This course was immediately followr ed in camera.
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Bibliographic details
Evening Post, Volume CIX, Issue 44, 21 February 1930, Page 9
Word Count
189AUSTRALIA'S TROUBLE Evening Post, Volume CIX, Issue 44, 21 February 1930, Page 9
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