AUSTRALIAN NEWS
WONDERFUL PROMISES. MR LANG’S PROGRAMME. (Australian Press Association.) (Received this day at II a.m.) SYDNEY, Sept. 23. Mr Lang’s programme which the “Guardian” estimated would cost two hundred million uterling to put into 'ofijoet,. includes in addition to the points cabled, the borrowing of enough money to built roads, new railways, finance hydro-electric power schemes, erect schools, guarantee wheat prices, relieve soldier settlers, idomptste bnlk wheat handling, and schemes to build agricultural colleges. Simultaneously Mr Lang promised to make railways and tramways pay, a'oolish rationing of work, solve unemployment and maintain wages. The “Herald” asks: Can Mr Lang borrow the necessary money when Mr Theodore said it was’, and would continue to be, impossible to do so. NOT UNDERSTOOD. (Received this day at 12.26. p.m.) SYDNEY, Sept. 23. Treasurer Stevens referring to Mu Lang’s policy speech said it is obvious from the general tone of the speech that Mr Lang does not understand or appreciate the gravity of the crisis through which Australia is passing. Should he be returned to power and proceed to carry out the policy lie has outlined, lie will finu before many weeks have passed that he will be unable to finance the services of the State, and will plunge the whole community into financial chaos.
ASSURANCE. COMPANY
SYDNEY, September 23.
The affairs of the Southern Hemisphere Assurance Association whose offices were raided by the'police (cabled on 19) came before the Chief Judge in Equity, who made an order to wind up the company and and official liquidator was appointed. VICTORIAN FINANCE, THE GOVERNMENT BROKE. (Rccci Hav at 11 a.ra.* MELBOURNE, Sept. 23. Giving evidence in the Arbitration Court regarding the position of the Victorian railway department, the chairman of the railway commission (Air Clap pi said the Victorian Government. speaking plainly was broke, and did not know how to meet the pay roll. That is not exaggeration, it is a fact he said. "No one will take the name of Government on a piece of paper.
A meeting representing 80 per cent of the members of Victorian Public Service Associations agreed to a scheme of rationing proposed by the Government or alternatively a percentage of reduction in salaries.
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Hokitika Guardian, 23 September 1930, Page 5
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365AUSTRALIAN NEWS Hokitika Guardian, 23 September 1930, Page 5
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