AUSTRALIAN.

Hokitika Guardian, 22 September 1920, Page 2

AUSTRALIAN.

fPER PREBB ASSOCIATION.— COPYRIGHT

ANTI-PROFITEERING BILL

SYDNEY, Sppl 21. An anti-Profitgpripg Bi]j hag been drafted by flip Npw Sputh Wajes Lfcr hour Government. It provides among other things, for restrictions against

I undue profits, the collection of informs* I tion regarding the operations of trusts; I the prevention of unfair methods of 1 trade competition; the promotion of I co-operative enterprise; an amendment jof the Arbitration Acts; and for the I State _ control and Stato acquisition of I the necessary services. J There are penalties for breaches of. f the Act fixed. The fines range from i one hundred to one thousand sterling, I and there are penalties also of impri- | sonment for five years, j The Supreme Court is empowered to I wind up all corporations that are guilty I of a breach of the Act. I The Bill also provides for the limitation of the export of necessary commodities when there are not sufficient supplies for home consumption. There is taxation proposed for excess profifs. | SEVERE EARTHQUAKE, SYDNEY, Sept. 2i. A very severe arthquake has been just recorded at St Ignatius’ College Seismiograph at. Rivcrview, Sydney Seismic waves have been polling in fpr five lipurs. The shock probabjy is Ing most severly felt at the Now He= brides, AUSTRALIAN NAVY. (Received this day at 9.30 a.m.) SYDNEY, Sept. 22. . . Commodore Dumaresy hoisted his flag aboard the warship Melbourne, which now displaces the Australia as the flagship.