AUSTRALIAN NEWS.

Taranaki Daily News, 11 March 1922, Page 8

AUSTRALIAN NEWS.

ECONOMIC CONFERENCE. By Telegraph.— Press Assn.—-Copyright. Sydney, March 10. The union delegates at the recent economic conference have prepared a report which states that a section of the employers hope to reduce wages and lengthen hours of labor. Another section is prepared to offer the workers medium control in the management of industry. There is also a consensus of opinion being formed) favorable to the introduction of unemployment maintenance. QUEENSLAND BORROWING. Sydney, March 10. Mr. Fihelly, en route to London stated that 25 millions of Queensland loans were falling due in a few years. Queensland was prepared to let bygones be bygones and resume relations with London ‘ financiers if the Latter were prepared uo reciprocate. Brisbane, March 10. Mr. Theodore has announced that he has received a communication, from London asking if the Government desired a loan. He was replying that Queensland would not trouble London in the near future, as she had made a satisfactory arrangement with America for 1922. NEW SOUTH WALES SHEEP. Sydney, March 10. The official estimate gives the number of sheep in New South Wales at January 1 as 33,<R)0,Dd0. It is anticipated that it will be 37,000,000 at the end of this year. OOOKATOO ISLAND. Sydney, March 10. A report is circulating at the Trades • Hall that the Commonwealth proposes to close down Cockatoo Island at an early date, A FALL IN WAGES. Melbourne. March 10. Mr. Justice Powers varied the agreement on the application of the glass manufacturers and wages have been reduced from £4 9s to £4 Is Gd. THE MORE TON BAY. Melbourne, March 10. Word has been received that the Moreton Bay is experiencing furthei trouble with her turbines and ij being towed through the Red Sea. GERMAN EXPERTS ADMITTED. Melbourne, March 10. The Commonwealth has decided to allow the Victorian Government to bring six German experts as well as German machinery into Australia, in connection with the Morewell brown coal development scheme. HOYS BURLED IN SAND. Melbourne. March 10. Two boys, Thomas Hickey, aged 13, and George Wood, aged 6 were playing in the sand on Black Rock beach, when the earth gave way and both were buried. They were dead when extricated.