THOUGHTS OF THE TIMES.
FEDERAL ECONOMY, The latest Federal Budget, the fifth in three years, which was introduced by Mr Theodore at Canberra lately, has become known as the economy Budget, and this term certainly distinguishes it more than any other could from its predecessors. At the mention of the new taxes which aye to be imposed most Australians merely shrug their shoulders—and accept the inevitable. The general attitude is that as the Federal Government is clearly doing its utmost to meet the extraordinary economic: conditions criticism would be out of place, and that the Government is entitled to a fair run with its extensive economy plans. It •is the first time that any Government has definitely sot down an economy programme, and the pity is that it has been so long delayed. Had such a Budget been furnished 1 12 months ago, and followed by the States, Australia would, have been well on the road to recovery instead of which it is merely beginning on the long uphill journey. —Sydney Correspondent.
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Hokitika Guardian, 30 July 1931, Page 4
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172THOUGHTS OF THE TIMES. Hokitika Guardian, 30 July 1931, Page 4
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