Page 1 Advertisements Column 3

Hokitika Guardian, 6 April 1927, Page 1

C iSTI NCTI OfiS COMFERRED. On Sander mu! Sons' Puio Voialil Eucalyptiu Extract include first Award uni Gold Modal. X.Z. and S.S. ExliihiGo:i, IddO. Dunedin, X./'.; Award and Modal, Intoi aational Exhibition, Am stordam ; -cs purity and potency proved by analysis of Profs, fnglis University, Otago, and Re liavay Melbourne: it was proved best at tko Supreme Court, Melbourne; it is rocommended 1 v eminent medical authoii ties and enjoys Royal patronage Why? Because Sander’s Extract is not the commercial eucalyptus oil, but a specially' prepared medical product highly effective in all infectious diseases, cuts, burns, sores, piles, etc., when used as directed. Insist on the Ccnuine Sander’s. Tt is the best

CAUSE OF BUDGET DEFICIT. RUGBY, April 3. Rather more than halt the Budget deficit is accounted tor by the fact that the revenue, which exceeded £505,000,000. is £19.000.000 short of the original estimate. Of the staple sources of tax revenue, namely Customs, motor duties, estate duties, stamps, incometax and super-tax. only estate duties, with a surplus of £1.320.000. and super-tax, with a surplus of £1.410.000 have realised expectations. „ The excess of actual over-estimated expenditure is accounted for by increased payments to the National Debt interest, necessitated by the higher bank rate, and the consequent highei discount rate on Treasury bills, due to the coal stoppage. East year’s deficit of £14.000.000 was wholly accounted for by £19.000,000 paid in coal subsidy, and although the direct cost ot the coal strike, as represented by this year’s subsidy of £4.000,000, is much lower, the accounts show that the indirect loss to the Exchequer owing to the strike during the year now ended j has teen much heavier.