TELEGRAMS.

Hokitika Guardian, 26 May 1922, Page 1

TELEGRAMS.

BV TELEGRAPH—PRESS ASSN., COPYRIGHT DOMINION finances. Wellington, May 25. A statement of the receipts and expenditure of the Consolidated Fund for the year ended March 31st last, is published in to-night’s “Gazette”. It shows a falling off on ordinary revenue of £(5,193,000.

Hie principal revenue decreases are: Customs £3, 313,000; income tax £2,-2-10,000; stamp duties £300,000; railways £23,000; land tax .Col,ooo. The Post and Telegraph revenue, shows an increase of £IOB.OOO. The beer duty increased £98.000. The balance at the beginning of last year was £8,591.208, as against a balance of £17.538,110 for the previous year.

The total receipts for the year weic £38,301,451, as compared with £51.249.. 938 for 1920-21.

On the expenditure side, the permanent appropriations show an increase ol £039,000, mainly under tin, heading of interest ntnl sinking fund. The subsidies to local bodies, etc., show increases of £IO.OOO and £70.000 respectively.

The annual appropriations expenditure shows a decrease of C 211.000.

The balance at the beginning of the current year (1922-23) was £7.s.'pj.3r>o. as against £8,591.208 at the beeinn ng of 1921-22. HEAVY RACING TANKS. CHRISTCHURCH. May 25. In a speech at the annual meeting of the Canterbury Jockey Club, the j chairman, Mr C. X. Grigg. said: “I think the taxation of the sporting puli-| li<l per head is a record for the world, and T think that more consideration on behalf of the Government is due. Instead of heaping up the railage on horses and fodder, the Government might imitate France, where in proportion to the taxation raised from the totalisator. certain sums for special races arc allotted. The Canterbury Jockey Club would be (|tiite pleased to inaugurate important weigh!-for-age races from money so returned. All the money at present taken from the public by the clubs is given back ill stakes, and improvements: but all tbe money £113.813 taken in taxes by the Government last year is gone forever. whereas anyone reaping such a large -uni, free ~1 cost in tin' rolleeting. should help in every way. The solorulid. clean, wholesome sport conducted on the beautiful courses of New Zealand i- a tonic to both mind and body —a sport, to be Indued, not binderid and nninlsrs of kindred and allied sports. T am sure, will join hand to band to liolp cat b other ill obtaining consideration and justice. ’’ DAZZLING HEADLIGHT. GISBORNE. May 25. A difficult problem in regard to motor l'ghing came before Magistrate Barton, when the police proceeded against a motorist on a charge of having dazzling headlights. Mr lluruard for the motor association .submitted that tbe lens used was a type which prevented dazzling by a refracting beam. The light bad been approved bv the American police and I v the Wellingnii City Council. The lens had been passed by Inspector Ca-> sels two years ago. The ease was dismissed. WELLINGTON WOOL SALE. WEI I iXGTON. Mav 25. At tile wool sales to-day bidding was keen. All markets were represented. The condition of the wool was fair, consiiV'i ing the late season. Average lirii es: Merino 15d to lti'.d. ball-bred l" !d to 17 S«1 coarse halfbred Hid to 12d. line crossbred 10\d to ll'.d. medium crossbred Pd to lO'.d. coarse 7 [d to S-pl. low f rosshred 7d to 3d fine boggets 7(1 to 8.',d.. fine lambs !)d to ll'.d inferior 2d to till, good crossbred pieces and bellies ltd to fitd. good crnteliings Id to 51(1.