AUSTRALIAN POLITICS

Taranaki Daily News, Volume LIV, Issue 136, 30 November 1911, Page 5

AUSTRALIAN POLITICS

THE BANK BILL. By Caole-—Press Association—Copyright. Sydney, November 29. Messrs. Murray and Watt, Premier and Treasurer of Victoria, have arrived to confer regarding the Commonwealth Bank Bill. All the State Premier.<i regard the proposal for a Commonwealth Savings Bank with alarm, fearing it will practically abolish the State Banks, which are a good source of revenue. Melbourne, November 2!). In the House of Representatives, during the discussion on the Bank Bill, Mr. Fisher agreed to keep moneys from general banking and the Savings Bank separate. He stated that if the States desired to co-operate, the Government was willing to receive them. Received 2>f), 1 a.m. Melbourne, November 28. In the Assembly, during the discussion on the Supply Bill, the Federal Bank Bill was severely criticised. Mr. Waddell stated that £10,000,000 was held by the State Government Bank, whereof £13.000.000 was invested in publie works. Tf the State were forced to disgorge to the Commonwealth it would create a serious complication. NEW SOUTH WALES PARLIAMENT. Sydney, November 29. In the Assembly the Government introduced a Bill to earmark profits from its business undertakings. The proposal to abolish tied houses was further debated. CONFERENCE OF LIBERAL PARTY. Melbourne, November 29. A conference of Liberal organisations throughout the Commonwealth has opened. A resolution was carried affirming the desirability of Liberals working together in matters of Federal concern.