N.S.W. PREMIER

Hokitika Guardian, 13 August 1929, Page 6

N.S.W. PREMIER

IMPRESSIONS OF HIS TOUR By Telegraph-Press Asan., Copyright. AUCKLAND, Aug. 12. Hoii Mr T. R. Bavin, the Premier of New South, Wales, is a through passenger on the liner Makura to Sydney, which arrived froih Suva to-day. “I . met the political leaders when they were' very much immesred, in .ocal affairs, the General Election- havirig only Recently taken place, ahd'.the Ramsay MacDonald Government being in process' of assuming office,” Mr Ravin said. “Because of that, I had little opportunity of discussing with, the new Ministers such matters as imperial preferences. All I can say under that head is that, unquestionably, it will be disastrous if the preferential duties are abolished. That, opinion is held, not only by one Party in Great Britain, but, so far. as-1 could judge, by all parties in the Dominions and the Colonies that I have visited. I found Canada and Fiji intensely interested in this, questioh.” •' The raising of the Australian loans on the London market was oiie of the Subjects to which, Mr Bavin said, he had paid Special attention. He continued : “While discussing the Comhiohwealth and State finances and inwith the'financiers, I was rather disappointed to find that most of the new arrangements which hatve Men made under the Commonwealth Loan Council Agreement have ndt been fully appreciated in London.” &e added: “We have done by that Agreement, exactly what our financial, advisors have urged us ;for many years to do, but that does hot seem to be fully understood; lam satisfied, however, that when the significance of this agreement is fully realised in London, it will result in a substantial improvement in the credit of Australia.” Coming nearer home, Mr Bavin said, the principal question awaiting his return was the coal trouble in New South Wales. “As I have been away,” he said, .“I. am unable to say anything concerning the dispute, but I regret extremely that, up to the present, no means have been found for securing a resumption of work on the fields. . I know my colleagues have done everything towards that end possible.”