GENERAL CABLES

Gisborne Times, Volume VIII, Issue 700, 20 December 1902, Page 2

GENERAL CABLES

By Telsgraph—Press Association— Copyrq tu LONDON, December ISThe pretender to the Moorish tliror.v. has not Lam captured. H lias established a court- at Cza. with every symbol of royalty. The tribe, eastward If Fez recognise The House of Common.. c. 22s to S2 agreed to Lord Halsburv'-. , iai:-e, defining more clearly the right of Bishops m regard to the charactci oi tvlig.otis instruction. Lord Hugh He til's vigorous protest mew from Mr llalfom a strong warning of danger to the Church of any driving deeper of the wedge unhappily separating ecclesiastical opinion and the gtcat bull of lay opinion. The Bill passed in lim House of Commons and then in the House of Lords.

Melbourne, Dec. 19. The Budget shows a deficit- of .£’953 000. The Government propose new taxation to the extent of a quarter of a million, to make a levy on the Accident Fund and Railway Stores Susponso Account to tho extent of AT 10,000. One hundred and eighty thousand pounds will lie raised by lowering the income exemption to . ono ' umlrc-d pounds, and the abolition of it altogether on ineoi - over £SOO. At tho alter sun. the rates'will be fivcponcc and ainepeneu on incomes and property respectively, with further proportional increase beyond £‘looo. Probato duties uro expected to realise an additional .£70,000. The exemption will be reduced from £IOOO to .£‘loo. The rate will be increased from two to three per cent, on estates from £SOOO to .£‘lo,ooo in value.