FEDERAL POLITICS.
RECENT FINANCIAL AGREEMENT.
CRITICISM BY MR FISHER,
Received September 10, 10.35 a.m. MELBOURNE, September 10. In the Federal House of Representatives, Mr A. Fisher, ex-Premier of the Commonwealth, raised a debate upon the financial agreement recently concluded by Mr Deakin, with the States Premiers. Mr Fisher contended that the agreement would restrict the powers of the Commonwealth, hamper its development, and curtail its ambitions. He agreed that it was advisable to have one Commonwealth stock, and it would be so profitable as to enable a saving of a quarter per cent. It was of advantage to transfer the State debts to the Commonwealth Government. Instead of agreeing to the payment of 25a per capita, the speaker said he would be prepared to vote an even larger sum if the debts were taken over. He was satisfied that if the debts were taken over there would be a sufficient saving eventually to wipe out Australia's indebtedness. The agreement, Mr Fisher contended, should be referred back to another Premiers' Conference.
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Wairarapa Age, Volume XXXII, Issue 9592, 11 September 1909, Page 5
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170FEDERAL POLITICS. Wairarapa Age, Volume XXXII, Issue 9592, 11 September 1909, Page 5
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