AUSTRALIAN NEWS
BANKERS CONFERENCE
RESULT OF CONCLUSIONS
(Australian Press Association.)
(Received tills day at 8 a.11i.) MELBOURNE, February 25. Tbe Bankers Conference has ended. They forwarded a letter to Mr Scum*. embodving their conclusions, _ whereupon there is no official statement, but it is understood they insist on rigid economies in public expenditure, including pensions. They decline to support the Theodore plan for the restoration of 1929 price levels.
PRICE OF GAS IN SYDNEY. SYDNEY, February 24
Mr Justice Davidson. Royal Commissioner, having reported that the ptices of gas at present charged in Sydney an'"not in excess of the amount required to pay the statutory dividends announced a bill amending the Gas Act, and removing the right tt> a fixed dividend of S per cent. The effecd is expected to be a reduction in the price of gas.
BISHOP’S PASTORAL LETTER
(Received 10.5 a.m.) SYDNEY, February 25
|)r. Dwyer, the Roman Catholic Bishop of Wagga. in a Lenten pastoral scathingly condoms the tendencies nl modern life towards licentiousness and dishonesty. He attacks politicians as schemers and too often shirkers ot work who obtain power by promises and professions of anxiety for people s welfare, which seldom are sincere exoet towards those! who follow thenopinions and applaud their arrangements.
SOUTH AUSTRALIA RAILWAY
LOSSES
ADELAIDE, February 25
South Australian railway losses are expected to show a loss of two millions at the end of the financial year.
WOULD NOT WORK
MELBOURNE, February 2"
Ninety-live men who refused to acwork in the country have been removed from Broadnmadows camp for unemployed.
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Hokitika Guardian, 25 February 1931, Page 5
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257AUSTRALIAN NEWS Hokitika Guardian, 25 February 1931, Page 5
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