AUSTRALIAN NEWS.

Hokitika Guardian, 12 May 1925, Page 3

AUSTRALIAN NEWS.

UIBIRADIAN AND N.Z. GAUD* ASSOCIATION. flood damage. SYDNEY, May 11. Several washouts occurred on the milways. particularly the south coastline and Wny Woy. Owing to the rain several train services were intertill ted hy flood waters, hut no serious damage is reported. I-imlslidos meurred in some parts. A good deal of damage was done to the roads. Manv residences were flooded to a eonMderable depth. The intcr-State telegraph services are badly affected, Ihe outlook is now brighter. exchange rates adjustment AUSTRALIA AFTER N.Z. CAPITAL SYDNEY. May 11. Tn connection with New Zealand’s adjustment of the Exchange rates with Australia, th matter of the adju-t nietil of Australian rates with New Zealand is under eonsiderat ion. but o decision lias not yet been reached. 1 ■ will probably be a day or two before this i- done, but it is practically foregone conclusion that Australia!" rates will lie made complementary with those of New Zealand, or nearly so. It is considered the New Zealand ad. just incut will benefit New Zealand exporters to Australia considerably, and also provide greater cneniiragenienl

for the investment of New Zealand capital in the Comuionweal lii. X.S.W. FLOODS. HEAVY COASTAL RAINFALL. SYDNEY. May I Tie weather was fine throughout the dav. but everywhere there are signs uf vesterdavM severe drenching, blood waters in the lower sul urban areas ha ostly drained off. These include the Warwick Farm and Randwiek racecourses. Considerable general damage was done Hi icily in tlie shape of wnslia'.vnv.s and roof leakages. One advantage is that, the city water supply, which has been causing anxiety is nowassured for two years. Country retorts show tlie deluge chietly was confined to the ciast. and was lighter inland. Some south coast fall- ranged from twelve to 21 inches. \ t Da; to many families were flooded out. and some led to he rescued. Along tlie Nepean and Slioalliae-i livel-s. wide areas of country were submerged. and the imps suffered and a number of eat tie w ere dm" lied. Traffic on tin* South Coast railway is badly delayed hy washawuys.

A BODY FOUND. SYDNEY. May 12. Tlie body of Thomas Gang r Thompson. cabled on June llbst. was found hy aborigines on the edge ol a lagoon l,iui-li deeommi-ed. When this region was previously searched it was umtei W.t it*!*. SINGAPORE BASK. MELBOURNE- May 12. Unless a base is to be established at Singapee, i! will ie nee.-.-ary to establish a strong licet ol warships ill Die service on the China station, declared Admiral Gay Gaunt. A base prom-i-Iy equipped lor teelliog am! overhauling capital ships would obviate t'm* necessity lor a powcrlul i! et. Tim ba-c is primarily a good shop windaw . Tim main object is to show the I!riti-h Hag in the.-e waters, as a business. Novell livle-s in the event ot attack against Australia, an enemy could not a Hard to leave a strong |aiso like Singapore in the rear, and a submarine and torpedo squadron would prove ell eel ivo in checking aggression. Admiral Gaunl smiled i lit.* idea mat the lame would give ntleuce 1" "I her tin i ions.