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It was very generally reported in town yesterday, says the Argus of the 29th ult., that the celebrated colt Goldsbrough had been disposed of for a large sum, and that he would be an unlikely starter for the Metropolitan. This horse has lately been advanced to the position of first favorite for the Metropolitan, and the best price to be got about him yesterday morning was 5 to 1. The rumour of his being sold had the effect of putting a stop to all further speculation on him, but the bookmakers did not relax their terras, and he still stands at the head of the list at sto 1. Horatio has receded a little, and 6tol is offered about him. The Arrow is nominally at 10 to 1, but very little money could be got about him at that price. The price said to have been paid for Goldsbrough is £BOOO. The Minghetti Ministry in Italy has been very nearly thrown out. There was a deficit as usual, and the Premier endeavoured to fill it up by a tax on legal documents To mukethis draw, he proposed that no unstamped deed should be valid, and when this clause was defeated, resigned. The King, however, refused to accept his resignation, which was not strongly desired by the Chamber, and he is to introduce some new tax. The root of the opposition, it is stated, is the reluctance of the landed proprietors to pay the full tax on their revenues, a reluctance for which there is this justification, that the tax isjunendurably high. Being so high, it is met by falsifications of the cadastre, which would have been revealed by the new tax. The radical defect of Italian taxation seems to be, that where it falls, it falls so heavily as to make evasion seem almost a necessity.

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https://paperspast.natlib.govt.nz/newspapers/GLOBE18740910.2.25

Bibliographic details

Globe, Volume I, Issue 87, 10 September 1874, Page 4

Word Count
306

Untitled Globe, Volume I, Issue 87, 10 September 1874, Page 4

Untitled Globe, Volume I, Issue 87, 10 September 1874, Page 4

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