AUSTRALIAN NEWS.

Taranaki Daily News, 4 July 1918, Page 6

AUSTRALIAN NEWS.

LIMITING INDUSTRIAL PROMTS. Melbourne, July 3. A complete deadlock lias occurred between the Commonwealth Government and the Colonial Combing, Spinning and Weaving Compay, owing to the Government proposing to limit the profits of the company. The works at Adelaide are closed and 700 unemployed, while ultimately several thousands will be af-fected.—Aus.-N.Z. Caiblc Assoc. -Sydney, July 3. Senator Gardiner has been rejected for military service. _ Correction.—ln the Assembly, trie motion for the appointment of a Royal Commission to inquire into Mr. M'Girr's conduct was defeated (by 42 votes to 21. Sydney, July 1. The National Conference passed a motion urging preference to soldier* and their children in State employment, and debated a motion that a referendum be held at an early date on the advisability of reducing the number of members of the State (Parliament. Ernest Judd, one of the leaders of the extremists section of the Labor Council, has been committed fop trial on three charges of disloyalty.—Aub.-N.Z. Cable Assoc. Melbourne, July 2. The Government is preparing to float another wax loan of 40,000.000. Melbourne, July a. The Treasury returns show that 113,722 war pensions have been issued, representing an annual liability of £3,655,853. Brisbane, July 2. The revenue for the year amounted to £8,300,000, a record for the State, leaving a deficit of £409,451. Melbourne, July 2 Mr Watt has abandoned his visit to ■New South ..cs to address the State House, owing to ill-health. The wheat pool overdraft is now 11 I millions, and when the payments ar- | ranged for are completed the amount will be about 14 millions.