THE VICTORIAN BUDGET.
[I'ER PRESS ASSOCIATION —COPYING lIT.
Beceived this day at 9 50 a in. Melbourne, August 28,
In the Assembly the Budgat showed that the Commonwealth celebrations cost £BO,OOO, but the increased revenue arising therefrom is more than the balanced sums. The railway revenue was £3,309,000 the largest sinco 1891. The deficic on the railways for the year being £236,000 and the accumulated deficit £2,300,000 which was sot aside the compensation received from the Federal Government extinguishing this. The income tax is steadily increasing, and the year just ended gave £220,000. For the present year the estimated revenue is £6,963,000 and the expenditure £7,192,000. £14,000 of this deficit was caused by the demands for Old Ago Pensions, the balance was accounted for by the railway ; £50,000 of the previous year's surplus was devoted to paying off the Treasury bonds, the balance was used to reduce the estimated deficit to £143,000. If the anticipated tariff returns from the Commonwealth are realised, the deficit will be turned to a credit balance of £12,000, but if not Parliament will have to be called together before the end of the financial year to impose additional taxation. The old age pensions expenditure is estimated at £225,000 instead of £300,000. The reduction is effected by levolling the pensions all round to seven shillings weekly. The total incroascd expenditure for tho year including transferred services was £173,000.
2. By their alcoholio, thin, and mobile appearance, being reduced to specific density through the presence of acids. 3. By their taste, the result of contract 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 Extraet.Sandhurst, Victoria, Australia.—SAN U&tt & SONS.
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Greymouth Evening Star, Volume XXXI, 29 August 1901, Page 4
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306THE VICTORIAN BUDGET. Greymouth Evening Star, Volume XXXI, 29 August 1901, Page 4
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