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AUSTRALIA.

HEAVY WAR DEBT. OVER A HUNDRED MILLION. Received May 22, 10.40 p.m. Melbourne, May 22. In the House of Representatives Mr. Higgs, introducing an increased War Pensions Bill, warned members favoring a bigger increase in the financial p®sition. Australia's war loan indebtedness at the end of June, 1917, would be .-£109,000,000, on which interest would bo approximately £5,000,000, besides £550,000 towards the proposed sinking fund to extinguish the debt; also interest on' money borrowed to pay Britain for equipping and>maintaining Australian troops abroad. If the Commonwealth was sufficiently prosperous in> the future the pensions could be further increased, MEN FOR MUNITIONS WORK. Melbourne, May 22. Vickers and Co. are extensively advertising for skilled tool makers, turners and fitters. Their return fare to England will "be paid. Perth, May 22. The Labor Federation is protesting at the Railway Department preventing twenty engineers proceeding to England for munition work. Melbourne, May 22. The Government does not propose to [remove the small arms plant from Liili* gow until the end -of the -to**- \

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19160523.2.23.6

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, 23 May 1916, Page 5

Word count
Tapeke kupu
171

AUSTRALIA. Taranaki Daily News, 23 May 1916, Page 5

AUSTRALIA. Taranaki Daily News, 23 May 1916, Page 5

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