AUSTRALIA

Taranaki Daily News, Volume LVII, Issue 159, 11 December 1914, Page 8

AUSTRALIA

LOOKING FOR HIGHER PRICES. Received 10, 8 p.m. Sydney, December 10. Farmers are rushing large quantities of wheat across the Murray, to secure the higher prices in Victoria.

EXPERIENCES OF AN AIRMAN. Received 10, 8 p.m. Sydney, December 10. Captain Oswald Watt, formerly of Sydney, describing his experiences as a Frencli military airman, says the Germans have broken practically all the laws of civilised warfare.

EFFECT ON TRADE AND VALUES. Received 10, S p.m. Sydney, December 10. One outcome of the war ia a considerable increase in the number of vacant houses in Sydney and suburbs, though the value, of property keeps up. Business is slow. There is much outcry against the new tariff. Business men freely admit that they are passing tho increase on to the consumer.

CYCLISTS KILLED IN ACTION. Received 10, 8 p.m. Sydney, December 10. Latest lists show that many noted cyclists have been killed at the front, including Thys, Buysse, Pouplain and Garrigan.

j A 'WELCOME PROHIBITION. CRADOCK'S DEFEAT AVENGED. WAR BUDGET. MEETING THE DEFICIT. Received 10, D p.m. Sydney, December 10. A proclamation has been issued, prohibiting an increase in tho price of drinks and tobacco. Intense satisfaction was expressed in trade and official circles at the destruction of the German Pacific squadron, thereby ensuring security for Australasian interests in the Pacific, and the safe despatch of troops. Melbourne, December 10. The. joy that prevails in naval circles at Admiral Sturdec's victory is tempered by the fact that the Australians did not participate. The Navy Office officially states that after the destruction of tin; Good Hope and Monmouth the Admiralty despatched a strong squadron from European waters to denl with the German ships. This fleet has brilliantly avenged Admiral Cradock's defeat. Unprecedented enthusiasm prevails, and flags are flying.

!In ! ; ,the" AlSßSifi ?dy.. i'. Ivdeock ililivm which lio forecasted'a deficitrif one million, lie proposes to deficit by anaadi-j tion to the: inetjmo tax and stainp' duties from TOloto-lftMVand the issue of Treasury bonds.