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AUSTRALIAN.

[beuteb’s tblegbams.] MELBOURNE, August 2. Arrived, this morning—The Union Company’s steamship Rotomahana, from the Bluff. Malting barley is dull at 5s Id to 5s 3d. SYDNEY, August 2. Robert Warnes has been arrested by the police on a charge of having absconded as a bankrupt from Oamaru, New Zealand. He was brought up at the Police Court to-day and remanded, the issue of an extradition warrant being withheld until the arrival of farther evidence.

The Northern railway extension from Tamworth to Uralla, 300 miles from Sydney, was opened to-day by the Hon, Robert Wisdom, Attorney-General, with the customary ceremony. Arrived, last night. Union Company’s steamship Manapouri, from Auckland. ADELAIDE, August 2.

Tho Hon. Lavington Glyde, Colonial Treasurer, delivered his financial statement in the Legislative Assembly last night. It showed that the revenue for the past financial year was £2,162,000, or £173,000 above the estimate. Increases were principally in Customs and land revenue. The expenditure for the year was £2,132,000, including bonded debt for £524,000. The expenditure was £154,000 over the estimate. The Treasurer estimates the revenue for the current year at £2,162,000 and the expenditure at £2,247,000, and the expenses deficit in 1883 of £28,000. Be proposes to raise a loan of £1,000,000 in October next, and is satisfied that the same can be obtained at par. He expressed his disappointment at the slowness of tho increase of population. Tho imports for the year exceeded the exports. The debt of the colony amounts to £12,000,000, equal to £43 per head of the population. In order to cover the deficit the Treasurer proposes to tax land in outside districts belonging to Councils and corporations, and to levy a penny stamp duty on cheques.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18820803.2.18.2

Bibliographic details

Globe, Volume XXIV, Issue 2597, 3 August 1882, Page 3

Word Count
283

AUSTRALIAN. Globe, Volume XXIV, Issue 2597, 3 August 1882, Page 3

AUSTRALIAN. Globe, Volume XXIV, Issue 2597, 3 August 1882, Page 3

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