AUSTRALIAN NEWS

Hokitika Guardian, 3 September 1929, Page 6

AUSTRALIAN NEWS

N.S.W. RAILWAYS DEFICIT. (Australian Press Association) SYDNEY, Sept, 2. The annual report of the Railway commissioners of N.S.W. reveals a deficit ol' £i,039,C00 on the past year’s operations. The tramways showed a lass of £9,343 compared with a profit of £27,000 in the previous year, while the decrease in tram passengers, totalled twelve and a-half millions. The Commissioners attribute the deficit largely to drought and to industrial trouble. CONTEMPT OF COURT. SYDNEY “HERALD” GUILTY. SYDNEY, Sept 2. The Full Court lias adjudged the ‘ Sydney Morning Herald” to have been guilty of contempt of court, and has imposed a fine of £2OO for the paper’s references to the timber strike leaders after their arrest, and to “basher gangs.” AUSTRALIAN POLITICS. (Received this day at 8 a.m.) SYDNEY, September 3. The Prime Minister to-night addressed the Chamber of Manufacturers at Sydney and announced the Government was not desirous of casting additional burdens upon industry, owing to the temporary trade depression now being experienced, and had decided to leave in abeyance its proposed scheme of national insurance and child endowment. He emphasised the need of a greater application off science to industry, if Australia wished to hold her own against foreign products, and illustrated the remarkable recovery Germany bad made by the adoption of this principle.

SYDNEY, Sept. 3. Mr Bruce in the course of his speech si.t the Constitutional Association said “There is no schism in the Federal National Party. The Government is going ahead with the budget, and the appeal of the Federal Arbitration Acts. “Should the Government be defeated on arbitration, he said, the Prime Minister would immediately hand in his resignation and the Commonwealth would have to find another Government. STEAMER HITS BRIDGE. (Received this day at 9.25 a.m.) SYDNEY, Sept 3. The steamer Kalingo which arrived in Sydney last night from Grevmouth via Melbourne crashed into a stone abutment of Glebe Island bridge. A hole was torn in the side fortunately above the waterline.

CUSTOMS REVENUE,

CANBERRA, September 3.

For the first two months of the financial year, July and August, the Customs revenue is already £1,721,193 above that for the first two months of last year and £1,200,511 more than the Treasurer’s estimate.