AUSTRALIA: Repudiation?

With Prime Minister James Henry Scullin 11,000 miles away from home attending the Imperial Conference in London (see p. 21), the "wild men" of his Labor Party last week precipitated a grave Dominion crisis.

Acting Prime Minister Fenton and Acting Treasurer Lyons had called a party caucus in Canberra to approve the Government's program of cutting expenditures, raising taxes and paying off by conversion $135,000,000 in loans which fall due next month. The first two items of this program passed, but then the "wild men" gained control, stampeded through the caucus a...

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