AUSTRALIA: Lang Ousted

Dining and drinking in Sydney restaurants, moneyed New South Walesmen leaped up with loud hurrahs last week at sudden news that His Majesty's Governor of New South Wales, Sir Philip Game, had forced out of office their notorious State Premier, tall, square-jawed John Thomas Lang, famed for repudiating more than $3,500,000 of interest due on the State debt.

Raucous Sydney revelers jubilated in the streets all night. Australian stocks & bonds leaped up in London and Manhattan.

Meanwhile ousted Premier Lang had stalked with long strides out of his office,...

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