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COMMONWEALTH WAR BUDGET

DEFICIT OP OVER THIRTEEN SiILtIONS ■ DEFACE OF THE PACIFIC (Beo. Debeinber 4,, 0.10 a.m.)' , >-... m . , Melbourno, December-,-3. . In the House Mr. Fisher, Federal.Prime Minister, in -delivering;the. Budget, said that the revenue ! for the past year.,was £21,740,428, and the expenditure £23,161,327. :,..-.. ..... ..-,, /..>..,■,.. ••The estimated revenue for the 1 current financial,year, .was £24,495;4Q1, and the 05- ' penditure £37,583,715, making a total deficit of .£13,088,814. The expenditure inoluded: £11,742,050, in connection with-, the tot; if this were deducted the '.ordinary expenditure was £25,841,655, and the deficiency £i,346,264.-: ~ -.->. ;. T ;..; ' This'deficit would'be made up.by ~» loan from the British Gtovernment.... t of £10j500,000; and'by the.issue'.of::Treasury bills for £2,588,314. .The British Govern-| ment 'altogether ,was-'advancingt 18. millions for war purposes, but as : it is paid at; the rate of -1J millions monthly, B only 10} millions would,be;receivedduringi,th.e financial year. The Government-proposed to raise ,a, million-of extra revenue \by probate 'and succession duties] arid it was anticipated'thatithere- would be.an.-in-crease of £1,100,000, in ... the-land.,-fox. Against this there would bo a falling off of £700,000 in Customs arid excise. ...:.. : -,-,. Referring to tho war,ho said; that approximately ■-42,000 troopswould ■.bo.idispatched by June next.; Experience;ehowed that tho creation of efficient >,6ea\ defence in the South Paoific-iwas/essential to tho safety and gonoral,welfare of.the Imperial Dominions. The Government hoped'that tho day was not. distant when New Zealand, whilst maintaining .its iden 7 fcity unimpaired, would be more.,closely assimilated, with the Commonwealth' in the oreation and maintenance of, an-effec-tive dofence in their common sphere of action in tho Paoifio. . , . -•Mr. Fisher anticipated the cost of tho Expeditionary Force lip. to,:.next: -June, when he • expected- 42.000 - would be dispatched, to total £9|800,000. , Twenty-two thousand three hundred and sovonty-three men had already fceetf sent to the front, and 10,500 we're in training. GERMAN WAR VOtII ANOTHER 250 iIILLiONS. • (Eec. December. 3, 8 p.riio ,'. ■■-..> I .. Amsterdam,.December 3.v> •Advices from-Berlin state .--that--the Reichstag-has passed a war oreditof 260 millions otorlins, Dr, Llobkneoht,—the Socialist Under, lyos, the only. dlssßntiont.

; •.:.;;..;.;r, ; ;:. -r-vi ENEMY SUBmiNJmfiM'; A GERMAN-SPY-PROFESSOR Sydney, Deoember 3. ■ The Assembly,. debating the policy of appointing natural born Germans to offloiftl, and .State .positions,: discussed the appointment of !.Dr, August. Scheidel : as-■ employers' 'representative -' on 'the" Wages" Board. '' ■: i^':.;'.'.:_ L_ The' evidence showed that Dr. - Scheidel was barn in Germany,-and naturalised in New Zealand in ISOO-aM'inthe.Cbni; monwealth in 1913. He managed the"-New. Zealand Gold Extraction was also . connected :with , the ; MiningTrusts Limited, ■ and.. the . New Zealand Mines Limited. He also recently actedas German .Consul'-at Perth.. ... j . Colonel Onslow, in.referring- to DrySaheideTs appointment,' said that .the* • German Secret Service was, organised.. It was known that informal tion was getting out by means, of ;;WireV;' less. Recently a German .professor who . had received. Ambassadorial ;--righter:Wa«y.' found in' possession of valuable mllitarj'Xr . secrets, when.. about to leave •, Others had been arrested .with; strategical) sketches of the Sydney coast line la theii?!j pockets. No action was taken. ,\ (E«o. December 8, 6.45" p.m.) .Sydney, December.j,-.'■', During the debate on 'Dr.. ScheideMsj appointment, it was alleged that he..wasl acting 'as Kxiipp's intermediary ,'betweeaj the metal buyers of AusiTalia'.and ; \GerA» many, and acting as Gemak-ppnsui^re-jj. porting on deposits of scheelite i■ andjmolybdenite. .. ~ ■..::. -"..■ :>'. -■;/<£: n . Dr. Scheidel is how eh route to Gew many, . . ... ' : '-'i'Ji^:. CAUGHT WITH Melbourne, . - The .military authorities, have seiieo. ioj the residence of a naturalised.-Germanp at Windsor 6e76n rifles, including-a MauV, ser, a thousand rounds ;of ammnmuony mostly also twp.phwls.:-- .>' ALIENS IN THE .TRAWL%rtifeß|Wß^ CLEAN SWEEP BY (Bed. December 8, '8 p jn.) '~";y "\ . London,.,Deoember The "Daily Telegraph" states, that, taw] Admiralty has forbidden the, trawlers to employ aliens..-Fifteen..him* < dren men, chiefly Norwegians,, Danes; ■ and Swedes are affected. - Aliens, amonaj the crews of the oil steameTS i attached,..to'- i . the.Admiralty's mercantile fleet auxiliary.,'-. have also been discharged. ~;..;..ii^,--"'

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19141204.2.32

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 8, Issue 2324, 4 December 1914, Page 5

Word count
Tapeke kupu
614

COMMONWEALTH WAR BUDGET Dominion, Volume 8, Issue 2324, 4 December 1914, Page 5

COMMONWEALTH WAR BUDGET Dominion, Volume 8, Issue 2324, 4 December 1914, Page 5

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