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AUSTRALIAN NEWS.

♦ — ! By Electric Telegraph.— -Copyright [PER UNIT-D PRESS ASSOCIATION.! SiDNar, October 16. In the Home of Assembly there was a good deal of unseemly squabbling over the position ot the Speaker. Mr McMilhm commenced to deliver his financial statement late this evening. He defended tho Government from tbe attack that they wished to appeal to the country during the present labour crisis, and con tende I that the wo king m<*n were not in a position to cnliniy consider fiscal matters. Mr Milllan's Budget Statement showed the revenue for the year to have been £9,426,000, or £97,000, over the estimate.. He experts a surplus of £208,000. The Customs show a decline of £133,000, which the Treasurer accounted for by the recent unfortunate occurrence. __ Forty thousand pounds had been carried forward from last year, and during the year £150,000. had been paid off the deficit. Allowing for these two amounts the present year showed a total credit of £318,000. . Out of the surplus of £208,000 the Treasurer proposes to carry forward £58,000, and appropriate the balance to roads and bridges. He estimated the revence for the next year at £9,596,000 and the expenditure at £9,589,000.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18901018.2.13

Bibliographic details

Feilding Star, Volume XII, Issue 52, 18 October 1890, Page 2

Word Count
195

AUSTRALIAN NEWS. Feilding Star, Volume XII, Issue 52, 18 October 1890, Page 2

AUSTRALIAN NEWS. Feilding Star, Volume XII, Issue 52, 18 October 1890, Page 2

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