LATEST AUSTRALIAN NEWS.
Melbourne, December 10. It is stated that negotiators are pending between M'Lean of Ballarat, and an unknown New Zealauder to walk two hundred miles for £IOOO a side. Betting on the Champion meeting is dull. Wilson's string, Petrea, Frst King, and Avernas, are considered the most dangerous. New wheat is quoted at 5s 8.1. Mr Mnnro in the Assembly, gave notice of a motion to present an address to the Governor asking that satisfactory measures for the reform of the Constitution should be carried timing the present session. ~ , Sydxey, December 10. The Treasurer has introduced his Financial Statement. The revenue for last financial year was £3 525,000, and the expenditure £4,725,000. He estimates the i ; evehiie for next year at .£•1,702,000, and the expenditure at £4,984,000. The deficit is to be covered by art increase of taxes on stamps ; spirits, 2s ; wines, sparkling, 4s; on beers, 3d; tobacco leaf, 3d, manufactured, Gd; excise duties on beers and tobacco, 3d. The estimates of expenditure for next year are £4.054,153, showing a decrease of £SSOO as compared with last yean
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Kumara Times, Issue 1001, 15 December 1879, Page 2
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181LATEST AUSTRALIAN NEWS. Kumara Times, Issue 1001, 15 December 1879, Page 2
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