AUSTRALIAN

Hokitika Guardian, 10 November 1920, Page 2

AUSTRALIAN

[AUSTBALIAN & N.Z. cable association] NEW TAXATION. (Received this day at 8 a.m.) SYDNEY, Nov. 10. The new taxation foreshadowed in the Budget speech includes increases in stamp and probate duties, increasing the amount of broken money collected from the totalisator, increased harbour and tonnage rates for coastal port* and increased Sydney harbour rates. RECORD PRICE. SYDNEY, NoV. 10. At the wool sales, greasy reached’a record price of forty-one pence. BUDGET FIGURES. SYDNEY, November 10. The Budget showed the expenditure for the past year exceeded the estimate * by £3,941,000 chiefly due to the operation of the new basic wage. Railway and tramway earnings exceeded the estimates by £1,222,000. Interest on the public debt for the current year would show an increase from £6,333,003 to £7,095,000. Under the new taxation proposals it is expected to receive £240,000 from racecourse admission tickets, £300,000 from , stamp duties, £1,651,000 from income tax, an increase of £40,000 from totalisato r , £93,000 from harbor tonnage rates. UNPARLIAMENTARY. (Received This Day at 11.30 a.m.) j MELBOURNE, Nov. 10. In the House of Representatives, Mr Hughes called the speaker’s attention to what he alleged were the disloyal utterances of Mr Mahon, ex-Minister and member for Kalgoolie at the Irish demonstration at Richmond, at which a resolution was carried favouring an Australian Republic. Asked if they were correct reports Mr Mahon replied to Mr Hughes “Go to the devil.” It is understood that a motion for Mr Mahon’s expulsion is contemplated. STRIKE OFF. ; BRISBANE, Nov. 10. Several oversea steamers are loading produce, as a result of the watersiders boycott which lasted two months being called off.