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THE PREMIER.

SATISFACTORY FINANCE. The Premier, interviewed on his return to Wellington, said that the estimated revenue would be fully realised. Tho Customs returns for December were a record for Customs returns. The money for public works had been raised on better terms by i per cent than was the case with New South Wales, and relatively there had been a much larger public subscription. The reports of a small loan in Australia, he took it, was a reference to some loans which aro falling due in Australia. What was reforred to was the renewals, or tho raising of the money in Australia to meet tho debenture-holders requiring cash. That they were able to raise the money at par 4 per cent speaks well for tho colony. He had no anxiety, and never had, with respect to obligations regarding debentures falling due this month. He hoped this statement would relievo at least tho professed anxiety of those pessimistic croakers whose loudvoicod misgivings were damping the colony. Tho Colonial Treasurer would have a very pleasing tale to tell Parliament. It was apparent to anyone desiring to do full justice to sottlers that a much larger sum of money should be appropriated for road construction. At least £500,000 should be appropriated next session. Even the expenditure on buildings and other conveuienoes should be curtailed. Regarding the Lands Commission, the Premier said that tho itinerary of the Commission had been carefully gone into, and it ought to bo able to complete its labors in about three months. It was not likely that the session would bo any earlier this year than usual. There would be practically five mouths, if necessary, for the Commission to do its work. It was his opinion that It won’t take anything like that time. The promise made to Parliament would be kept, and the report would be completed and in tho hands of members at the commencement of the session; in fact, it ought to be ready weeks beforehand. Mr Seddon characterised as untrue the report that there had been a marked difference in his reception on the West Coast on the occasion of his recent visit compared with previous years. Everywhere he was received with the most cordial greeting.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19050119.2.12

Bibliographic details

Gisborne Times, Volume XVII, Issue 1358, 19 January 1905, Page 2

Word Count
372

THE PREMIER. Gisborne Times, Volume XVII, Issue 1358, 19 January 1905, Page 2

THE PREMIER. Gisborne Times, Volume XVII, Issue 1358, 19 January 1905, Page 2

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