AUSTRALIAN.

Hokitika Guardian, 10 December 1921, Page 3

AUSTRALIAN.

AUSTItAI.IAN ANI) N.Z. CABLE ASSOCIATION. AMERICAN LOANS. SYDNEY, Nov. 29. Questioned in the Queensland Parliament as to whether it was intended to borrow further amounts from America, the State Treasurer (Mr Fihclly), said he was not in a position to give information on the subject at that stage. Replying to the suggestion that Australia should confine her loans to the Empire. Mr Filmlly said: “If we were willing to acetpi help from American soldiers in the war we should not fie toi proud to hnni w from that country now, more p:irtl< ularly as tho British Government has borrowed huge sums from America.” CHEAP BREAD. (Received This Day at 8 a.m.) SYDNEY, Dec. 10 The anti-profiteering court fixed the price of a two pounds loaf at IRI from to-iiiot row. FEDERAL POLITICS. MELBOURNE, Dec. 10

In the House of Representatives, Mr Earl Page’s motion in favour of reducing members’ salaries Irom t’looo to L'sIKI, was negatived by 10 to 21.

NEW SYDNEY MAYOR. SYDNEY. Dee. 9. Alderman McElhonc was the only nomination for Sydney’s Lord Mayor, lie was elected, after a lively exchange of compliments lietween the mouthers of the opposing parties. agreement reached. MELBOURNE. December 9. Hi connection with tho hill for a reciprocal tniilf with New Zealand, the Minister for Customs explains that negotiations have been proceeding with tho Dominion Government for some wieoks. They have now praeti dally come to an agreement that New Zealand should concede to Australia the British preferential rates. The Commonwealth is reciprocating similarly As the Commonwealth would get s much greater advantage than Now .Zealand he snill it was eminently desirable that the agreement -should he ija tiliod upon tho conclusion of lho negotiations. The agreement will be ratified by proclamation. Until they were satisfied that New Zealand would extend the same treatment as Australia ts oxlending to her, the proclamation would not he issued.