THE FINANCIAL STATEMENT.

Greymouth Evening Star, Volume XXXI, 23 August 1901, Page 4

THE FINANCIAL STATEMENT.

Pith of the Budget.

The revenue for the past year totalled £5,852,706. The ordinary revenue for the past year was £3,582,502. The territorial revenue was £270,201. The total revenue showed an increase over the previous year of £272,320. The expenditure for the past year amounted to £5,479,703.

The permanent appropriation totalled £2,335,223. The increase in the above for the year was £49,905.

The Departmental expenditure last year was £3,141,480.

The increase on the above f r the year was £289,670.

The excess of receipts over expenditure was £487,213. • The amount carried over from tho previous year was £105,351. The total balance brought forward at the end of the year was £532,563 The liabilities against this at the end of the year were £2OO 828. It is proposed to transfer to the Public Works fund £500,000.

Leaving to be carried forward £32,564. The revenue for the current year is estimated at £5,896,000.

The expenditure for the current year is estimated at £5,763,814.

The expected balance at the end of the year is £164,750. This balance will be reduced by the amount of tho Supplementary Estimates. The net public debt on the 31st March last was £48,557,751.

The increase in the public debt during the year was £1,627,675. The loans to local bodies last year totalled £138,956.

Loans towards opening up lands for settlement, £37,390. The amount authorised for purchase of lands for settlement was £350,193. The amount actually spent was £186,621,

The area acquired under the Lands for Settlement Act last year was 70,833 acres. The cost of the Old age Pensions for the year is estimated at £215,000. The Public Works expenditure last year was £1,307,521.

The liabilities against the Public Works Fund amounted to £1,952,096.

The Public Works expenditure for the current year is placed at £1,950,000. It is proposed to borrow for Public Works £1,000,000. Of the loan authorised last year there remained to be borrowed £BOO,OOO.

The total available public works expenditure is £2,532,515.

The reduction of mortgage-tax promised last session is not to be carried into effect. The Treasurer thinks it would be imprudent to do so. Provision is to be made for erection of cold stores, and the experiment is to be first tried in South Af-ica.

It is proposed to subsidise for a period of three years a South African steamer service, the vessels not to go beyond South Africa.

Prooosals are to be submitted for dealing with thn San Francisco and Vancouver mail services.

SANDER & SONS’ EUCALYPTI EXTRACT'—Under the distinguished patronage of His Majesty the King of Italy, as per communication made by the Minister forfForeign Affairs, through the Consul-General or Italy at Melbourne, March 14, 1878. Awarded diploma at the Amsterdam Exhibition, 1883Acknowledgod by Mdical Clinics and Universities all over the Globe.

There are imitations of Eucalypti Extract in the market, products of simple distillation, forming crude, resinous oils. In order that these crude oils may not be taken for our pursolatile Eucalypti Extract, which is recognise by the Medical Division of the Prussian Gciernment to bo of perfectly pure origin, as per’, uformation forwarded to us through the Consul at Melbourne, March 2, 1378, wo vtate:—

It is proved by tests made by the Medical Clinics of the Universities of Bonn and Griefswald (Prussia), and reported to by Dr Schultz Professor of Pharmacology at Bonn, and Professor Dr Mossier, Director of the Medical Clines at Griefswald, that only products that are saturated with oxygen and freed of acids resinous and other substances adherent to primary distillation, will develop the sanative qualities proper to the plant.. AH crude oils or so-called Eucalypti Extracts, are to be classed according to the named authority is, among the turpentines, which are abandoned long since as an internal medicament. T 1 ffse crude oil, or so-called Eucalypti Extracts, are discernible: -

1. By their deficiency in pungent oao (which our product, the only genuine Eusa lypti Extract, develops most freely throvgn ts surplus oxygen.) 2. By their alcoholic, thin, and mobile appearance, being reduced to specific density through the presence of acids. 3. By their taste, the result of co ntract ing tendency of resins and tanats. If these crude oils, or so-called Eucalypti Extracts, are applied by mistake in cases of croup, bronchitis, dipthoria, internal inflammation, dysentry, etc., the consequences are most appalling. For safety’s sake ask always or Sander and Sons’ Eucalypti Extract.— Sandhurst, Victoria, Australia.—SANDEß & SONS.