The Australian correspondent of the Timm discusses in last Saturday's
paper some of the questions which are upper- most in the minds of Australians. He says that every one is on tenterhooks, as Labour has acquired for itself an almost autocratic power. And yet we must suppose that Australian nerves are a little unsteady, for the correspondent gives us reason to think that Labour, when it is in power, has a very considerable sense of responsibility. It is the old story ; Madcap Harry becomes Henry V. We commented recently on the earnestness with which Labour in Australia accepts the obligation of national defence, and that is not true only of military defence ; the Fisher Ministry has appointed Admiral Henderson to report on the details of naval defence as Lord Kitchener reported on the problem of military organisation. Further evidences of the sobriety of the Government are their absolute refusal to be guided by the extreme policy of the Trades Hall, and their request to the principal bankers to give expert advice on the proposed issue of Commonwealth banknotes.