posted on 2014-05-23, 10:56authored byBernard P. Attard
I first came across Keating in an article by Bernie
Schedvin, whose surname may be familiar because her
husband was a Deputy Vice-Chancellor at the University
of Melbourne. Schedvin wrote about a remarkable
conflict in the early 1920s between a Queensland Labor
government and a group of British-registered companies that
had invested heavily in the state’s pastoral industry. After
winning an election outright for the first time in 1915, Labor
wanted to abolish the statutory limit on how far pastoral rents
could be raised. The companies regarded the proposals as a
breach of contract. Labor finally forced the issue in early 1920
by swamping the Legislative Council with its own nominees.
The uproar poisoned Queensland’s credit in London, making
it impossible for the Government to borrow more British
money to finance the State’s economic development. As
chairman of the Australian Pastoral Company, Frank Keating
was in the thick of it. [Opening Paragraph]
History
Citation
UMA Bulletin, 2014 (34), pp. 3-5
Author affiliation
/Organisation/COLLEGE OF ARTS, HUMANITIES AND LAW/School of History