GENERAL CABLEGRAMS.

Dominion, Volume 8, Issue 2288, 23 October 1914, Page 6

GENERAL CABLEGRAMS.

By Telegraph—Press Association-Oopyrieht

N.S. WALES BUDGET. Sydney, October 22. Mr. Holman said that the Budget shows that the net revenue in 1913-14 was £7,348,000, and the expenditure £7,106,000. Statutory deductions left a deficit on Government transactions of £100,000. The estimated revenue for the present year was £7,325,000, and tho expenditure £7,683,000. Referring to the loan policy, Mr. Holman stated that the increase in the public debt during the year was £10,525,000, making the total indebtedness £116,965,000. Whilst the legitimate note issue was right and proper, the borrowing of large amounts, of paper money from the Federal Government could only result in financial disaster. , An indiscriminate note issue wiis one'of the prize delusions of the age, Regarding the absorption of unemployed on now wheat areas, the Premier stated that it had been .'.eroded to guarantee a definite minimum price for all wheat raised on additional areas. There would bo no compulsion to. sell to the Government; the wheat would simply be marketed in the usual way. Previous Budget figures (Government onlfl show a total revenue of £'18,4'!),552. and of expenditure £18,047,01.3. The estimated revenue for the present vcar is £19,140,000 and the expenditure £19,108,057. It is anticipated fc-at the Government will derive £320,000 additional from Income Tax, £50,000 from the tax on motor vehicles. TASMANIAN BUDGET. Hobart, October 22. In the House v of Assembly Mr. Lyons dehyered his first Financial Statement. The total ordinary revenue last year was a record, and amounted to £1,238,085; the expenditure was £1,235,013. Mr. Lyons proposes to derive additional ievenuo from the increment tax; amendment of the income tax, amendment of'the deceased persons' estates duties; amusements tax, amendment of the stamp duties Acts; by increasing tho percentage of the withheld prizes of Tattorsall's sweeps, and a tax on motor vehicles. SENTENCED TO DEATH. (Rec. October 22, 10 p.m.) London, October 21. Antonio Soro. has been sentenced to death for the murder of Patricia Beckett. . ■ ' Patricia Beckett, a school teacher, was waylaid and shot in the Royal Park en September 15. Antonio Soro h lodged with Misß Beckett's parents, and formed an affection for her. The police arrested Soro on a steamer bound lor Newcastle. PROHIBITION IN RUSSIA. ' (Rec. October 22, 10 p.m.) London, October 21. There is much comment on Russia's sacrifice of a £90,000,000 spirit monopoly owing to the diminution of crime following a temporary prohibition. The "Westminster Gazette" says "such a circumstance could hardly happen anywhere except in Russia." Tho "Pall Mall Gazette" says: "War has its' victory elsewhere than on the battlefield." , EMBEZZLING £7500. (Rec. October 22, 10.55 p.m.) London,' October 21. Mr. George M'Donald, managing di-

rector of the New Zealand Oil Fields, Limited, has been remanded oh a charge of embezzling £7500. ' The charge is the outcome of the defendant's examination in connection with the liquidation of the company. The New Zealand Oil Field, Ltd., was formed in London to prospect for oil in tho Poverty Bay districts. The company went into liquidation a few months ago.

TRAFALGAR DAY. London, October 21. Trafalgar Day was enthusiastically celebrated in Britain. Many wreaths were placed on Nelson's Monument. Some of the wreaths bore the names of warships recently lost, including tho Australian submarine, also the minesweepers'. • FEDERAL PARLIAMENT. Melbourne, October 22. New Bills, of which notice has been given in the House of Representatives, are the amendment of the Commonwealth Bank Act, in order to absorb di Government banking institution in another State; a Bill to deal with tho divorce law, making for a Federal statute; a Bill enabling the Executivo to make regulations in relation to tlio present state of the war: and a Bill to amend the Federal Arbitration Act. The following Bills passed all stages: —A Bill to- prohibit trade with tho enemy; a Bill to confer Admiralty or maritinio jurisdiction on tho High Court, and to declare that the High Court he a colonial Court of Admiralt.v; and the Crimes Bill. •The House una adjourned until Wednesday,