AUSTRALIA.

Globe, Volume XXII, Issue 2019, 13 August 1880, Page 2

AUSTRALIA.

[EEUTEE'S TELEGEAJIS.] SYDNEY, August 13. Tahiti a French Colony. News comes to hand via Noumea that the Native King of Tahiti has abdicated, and Tahiti has been proclaimed a French colony. Shipping. Sailed—Zealandia, for Auckland, yesterday. BRISBANE, August 13. Financial StatementThe Treasurer introduced his financial statement in the Legislative Assembly last night. He estimates the revenue for the present year at £1,633,500, and expenditure at £1,690,000. In order to cover the deficit, he proposes to increase the quantity of land to he sold and increase the export duty on cedar and the import duty on tallow and stearine and the excise duty on rum to 10s. Various articles in the tariff will, moreover, he altered from fixed to ad valorem duties. He anticipates a surplus of £32,500. The sum of £317,000 will he transferred from the loan account to the consolidated revenue, leaving the latter in credit. The Treasurer’s proposals are generally approved. MELBOURNE, August 12. Racing. The following are the Adelaide acceptances for the Melbourne Cup;—Darriwell, Banter, Rivalry, Wandering Jew, Rothschild, Pawnbroker, Totalisator, and Rita. Ned Kelly. Ned Kelly has been committed for trial on October 14th. The Australian Eleven. Advices from Home state that arrangements have been made for a match between the Australians and an AllEngland Eleven. Australian Sheep for New ZealandAt the sheep sales to-day, Mr Gardiner, of New Zealand, bought Adelaide rams at 180 to 120 guineas. Mr Hall, of New Zealand, purchased a flock of Tasmanian ewes, and the New Zealand and Australian Land Company also purchased some high-priced rams.