SYDNEY.
Wednesday. In (lie Legislative Assembly to-night the Colonial-Treasurer delivered his budget statement. He estimates the revenue for the year at £'3,819.200, and the expenditure at £t5,45'2,0()5, leaving a surplus of .{.'330,93*). This, added to the surplus remaining at the close of the last financial year, give a total estimated surplus for the year ending 31st December next of £1,13"),57-1. No alterations are pz'oposcd in the Customs tariff, but it is announced that a loan will shortly be raised to recoup the consolidated loan fund, in which deficiencies have occurred owing to the stoppage of land sales. This day. In his Budget speech last night, the Hob. G. E. Dibbs, the Colonial Treasurer, in referring- to the railways of New South Wales, announced that the Government were taking steps to extend the line from the jßedfern station to the Ch'oular quay, Sydney, and that a further extension of the tramway system 'was also contemplated. He further announced that the railways during the past year had yielded 0. 31 per cent, upon the capital invested in their construction, and that this per eentage was higher than any other railway system in the world.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DTN18830208.2.16.3
Bibliographic details
Daily Telegraph (Napier), Issue 3612, 8 February 1883, Page 3
Word Count
192SYDNEY. Daily Telegraph (Napier), Issue 3612, 8 February 1883, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in