THE PRINCE OF WALES

Southland Times, Issue 18853, 19 June 1920, Page 5

THE PRINCE OF WALES

SYDNEY'S LOYAL ENTHUSIASM,

A PEOPLE’S RECEPTION

(By Telegraph.- —Press Assn.—Copyright.) (Australian and N.Z. Cable Association.)

SYDNEY, Juno 18 (Received June IS, 8.55 p.m.)

; Dense crowds congregated in the vicinity l of the Town Hail, where the Prince of j Wales held a people's reception and was | subjected to a severe handshaking ordeal as ; an endless line filed past. j Whenever he attends any public function I cheering people nuiss along the route and [patiently wail for his re-appearance. Every j appearance is marked bv demonstrative loyalty. Till-: CANADIAN RANCH. NUCLKUB ny A STUD. I.OS DOS, .bine IS, (Received dune IS, 0.(0 p.m.i Eight fillies and eight ponies will leave Bristol on June T- for the f’rinre of Wales' | Canadian ranch, to form the beginning of j a thoroughbred stud. [ I AMERICAN RAILWAYS ! LABOUR DEMANDS FOR PUBLIC 1 OWNERSHIP. IBy Telegraph. Press Assn.- Copyright.) (Australian and N.Z. Cable Association.) NEW YORK, June 17. (Received June IS, s.JU p.m.i Jhe American lederation of Labrmr at Montreal adopted a resolution demanding Government ownership and democratic operation of tin' railways in the United States, completely defeating Mr (lompers. RANK OF NEW ZEALAND AN IMPORTANT ANNOUNCEMENT. REARRANGEMENT OF CAPITAL. LEGISLATION E< MIESHALOWED. (Per United Press Association.) WELLINGTON, June IS. An important if somewhat indelinite announcurnc ni rosaniing tlm Bunk of NVw Zealand was made by the chairman of the board of director;;, Mr Harold Beauchamp, at the annual meeting of the proprietors of the bank to-day. Mr Beauchamp’s statement ran as follows:- -“The question of the re-arrangement of the Bank'*, capital and reserve fund has lately engaged the serious consideration of the board, and tentative proposals have been discussed with a view of securing the introduction of legislation during the ensuing session of Parliament, whiefi if given effect to will be of mutual benefit to the Government and the shareholders. In the meantime, pending the decision of the Government, I tun not at liberty to disclose the nature of the proposals, but I have no doubt that if they are passed by Parliament in the form to be submitted by the board they will meet with your approval. There is no intention to materially alter the status quo as between the Government and the shareholders. As a result of this announcement I venture to hope that the public, will not get too exalted an idea of the value of the .shares.”