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♦ [REUTER’S TELEGRAMS.] By Electric Telegraph—Copyright. THE TAXATION SCHEME FOR NEW SOUTH WALES. FINANCIAL PROPOSALS OF THE N.S.W. GOVERNMENT. (Received February 7, 10 p.m.) , Sydney, February 7. It is considered likely that Government will postpone the consideration of
the proposed reunion of tariff, and proceed with the Property Tax scheme' and increased duties on tea and tobacco. (Received February 8, 12.40 p.m.) February 8. Further details in connection with the proposed tax property have transpired. Under the bill to be introduced, the Batiks will pay the fall amount of tax on the whole of their shares, charging a proportionate amount against each shareholder. Foreign Banks will be called upon to pay in proportion to the extent their operations in the colony, A motion setting forth that the financial proposals of the Government are not satisfactory has been tabled by Mr Young in the Legislative Assembly, It is understood that the mover is not acting in concurrence with the leaders of the Opposition party. Sailed, this afternoon, the Union steamship Ringarooma, for Auckland,
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Kumara Times, Issue 2324, 8 February 1884, Page 2
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174LATEST AUSTRALIAN NEWS. Kumara Times, Issue 2324, 8 February 1884, Page 2
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