AUSTRALIAN NEWS.

Hokitika Guardian, 28 February 1928, Page 3

AUSTRALIAN NEWS.

(Hy Telegraph—Per Press Association.) SYDXEV, Fell. 28. Bishop Mol.vnon nx <>l M ohmesia Inis arrived at Sydney en mute to New Zealand. H KCOOXISIXt; LOYALISTS. <Received this dnv at 10.15 a.ra.l SYDXKV. Fell. 23. Premier Bavin has taken steps to restore the privileges ol 11)1 1 loyalists in the railway and tramway services. The Lang Government hy legislation took away certain privileges ol loyalists and restored the seniority ol strikers, so that they now rank as tl they had not participated in the'lol7 strike. The Bavin Government believes an injustice has keen done to the loyalists, in consequence of Mr Lang s action,Mr Bavin said, and seeing that the legislation passed hy Air Bang had altered the whole system, it was impossible to get hack to the position which would have existed hut for tha legislation. without serious consequences, lmt he would do the host lie could. FTXA NCIFIt’S WAT?XTX«. TIOBABT. Feh. 28. Sir Wallace Bruce (Chairman of the Associated Chambers of Commerce) at the opening of the Annual Conference of the Associated Chambers said:— • ‘The harden of Government imposts in the Commonwealth, as a wTiolci. is heavier this year than at any previous time. During the times of prosperity. Government’s should-be as stringent as possible in the expenditure of loan j funds. It is noteworthy that, the two industries which represent the basis of our prosperity, wool and wheat, are among the very few industries which are not in receipt of direct or indirect assistance. During the. ten vears 1910-20 the indebtedness ol the several Governments of Australia increased hy 505 millions sterling which represented an average of ->0 mil,ions per annum. Dis indisputable that the regular augmentation of Australia’s ealth on such a scale has contributed materially to the briskness of trade and industry in recent That such a rate cannot he continue, indefinitely is evident to everybody who is seized of the position.” He added that many responsible pmsons and organisations throughout the Commonwealth had persistently sounded „ warning note from the necessity of the financial position upon them. The Governments were forced to a< upon this recommendation. This sudden curtailment was seriously tell a mnnv directions. He appealed to th Governments to lot the expenditure he w iso expenditure, not that wasteful non-productive spending of money which had been too common since tlie war. BACFHOBSF. SfBE DFAD. ADF/LAIBF. Fe'i. 29. The racehorse sire Pistol is dead. He sired approximately 730 winners of sixteen hundred races, that won nearly £250.000 in stakes. GB APPLING FOB CABLE. SUVA. Feh. 2S. The Iris is off Suva harbour, grapnlincr for a cable on which it is heImlk T.atliersfield sunk.