SURPLUS & STATE FINANCE.
HOW FORMER WILL BE SPENT.
(Br Telegraph.—Press Aieoolfttlon.) Auckland, llay L During the course of an interview, tlijj Premier, speaking "of the fiijancinl jwsilion, said flint the surplus (approximatelj •£700,000), would be trausfeh'ed to lh« public works fund. Mr. Massey aiso drow attention to„a Treasury document signed by tho Secret tary of tho Treasury, showing tho posw tion at August 31, 1012. Tho total com-, mitments amounted to £670,4!!.), and, against this sum.stood ft total of J|l7,xlo. leaving a. deficiency at tho end of August of i)7M,385. . The success of tho Hon. J. Allen in London, continued Mr. Massey, had helped to straighten mutters out. ."Kings would bo more satisfactory during tho next, few months, and lib hoped that, beforo long, it would bo possible to raise linnta' tions upon loans to local bodies, advance? to settlers, and advances to workers.
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Dominion, Volume 6, Issue 1741, 5 May 1913, Page 5
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144SURPLUS & STATE FINANCE. Dominion, Volume 6, Issue 1741, 5 May 1913, Page 5
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