THE COLONIAL FINANCES
(ODE PARLIAMENTARY REPORTER.)
Wellington, This Day. Though merchants are clearing lines largely in anticipation of an alteration in tariff there seems to be no valid reason for their action. The revenue from the Postal, Customs and Railway—three principal departments—keeps up satisfactory, and I venture to predict that whatever the Budget discloses it will not be in the direction of increasing the revenue through Customs tariff. The alarm entertained in business circles appears to be quite unwarranted and the Premier will doubtless oxpediate the delivery of the Financial Statement in order to prevent what, if not checked may result in something approaching a.panic. Merchants would do well to adopt the policy known to the Maoris as “ Taihoa.”
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Greymouth Evening Star, Volume XXXI, 13 August 1901, Page 3
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119THE COLONIAL FINANCES Greymouth Evening Star, Volume XXXI, 13 August 1901, Page 3
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