AUSTRALIA: Buying Jobs

If the U. S. should decide to borrow $240,000.000 and spend this sum to make jobs for the jobless, Washington would be doing proportionately the very thing that Melbourne did last week. Significantly it was not an Australian radical who proposed to borrow $2 per capita of Australia's population to make jobs. Instead the plan was unfolded at Melbourne to a Commonwealth Conference of State Premiers by Australia's new Roman Catholic and comparatively conservative Federal Premier, Joseph Aloysius Lyons, father of nine, famed "Man from Tasmania."

Ever since the War, Australia had borrowed at...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!