STATE-FEDERAL FINANCE
■••■■' ' —: —■ ■ p .' : „'..,■.''■■ ■■." -~ ;'•; '-DEBT'TIUNSFER. '~•.'. ! '.•.. V : ■ ! A BURDEN OF 250 MILLIONS; -7; ; (By Ti'lccra'pii.- Cross A»Boclailo'n. T 6oprrl!;ht.i ; (RW; September'2s, 'o.2o. a.m.) ; ' . , . ; . ■.. 'Molbourno, Soptember.,24. ' :'■ lii the -House' of •.the Prime Minister, Mr. Doakin,!, moved tho sec-: ond reading of! tho Bill; to onable tha Federal .Government to over tho State dobts. :'■■'■■ '■. He.oxplaihcd that_it. would Federal Government to control ,260 millions of debt, and to relievo.tho States of all.obligations; excepting: tho- payment \of £3,160)000 interest. > 7 ' •..'.■'■ - : '"': ■."•..;!..'..- 7 .;'; v'-'-7':7 Tivd .House adjouhiod till :'■ ;•;'■':' :■■::[ [ .•'.'■' 'FUSION; SECRETS. ;; : ' "'^'i
. '"■;.: '.'• ! ;: '.;Molt>ournc, : September 24.-' . Mr. Bruce' Smith,.spjakinj?; in:tko;;Fcdferal Hou?o' of Representatives, stated; that one of the.conditions of the political fusion that "expelled tho" Fisher. Ministry, office was that.tho'.Braddon'clause. was,not io bo. altered permanently-! at!bnco, but .that there, should bo '"an ; for fivo. years.
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Dominion, Volume 2, Issue 621, 25 September 1909, Page 5
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125STATE-FEDERAL FINANCE Dominion, Volume 2, Issue 621, 25 September 1909, Page 5
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