Thoughts For The Times
Galloping To a Deficit! It is now nearly fourteen months since the Prime Minister circularised the Departments instructing them to cut down expenditure so that the Government might live within its income—and so that taxation might be reduced. Over a year ago Mr Massey was dissatisfied with the position. Well, it is now worse by five millions sterling. After waat is said to have been a year of the practice of economy, of reductions of staffs, of closer supervision and so forth, we find the expenditure is greater in nine months of that year by £1,366.127, and in the same period revenue has dropped' by £3,642,889. — Lyttelton Timea.
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Hokitika Guardian, 9 February 1922, Page 2
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112Thoughts For The Times Hokitika Guardian, 9 February 1922, Page 2
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