AUSTRALIAN NEWS.

Manawatu Standard, Volume X, Issue 47, 23 July 1885, Page 3

AUSTRALIAN NEWS.

(BY ELECTRIO TBL EQKAPk.^-COPTBIlSilT;) (REUTER'S TELEGRAMS.) r ■ MfiLBOURNK, Wednesday. The Hon. Mr Service, Colonial TreaBnrori ; brought down his financial, state- ' meiit to-night. The revenue for the past year was £6,290,000,' excluding balance of i' 31.4,000, with which the year was commenced ; and expenditure for the same period £6 y 210,000, balance at end of the year is £392,000, and actual surplus of : receipts over expenditure £78,000. Tlie Treasui-er estimates, the revenue for the forthcoming twelve, months at £7joop,oooi and expondituie for the same time at £6,950^000.. Estimated balance at the close . of tbe financial year 1885 86 being £51,000." The public debt is, set down at £28,600,000: . . In tlie course of his speech, Mr Service referred to tike great success ; which has attended the action of the Goverhmerit m reducing telegraphic charges irom one shilling to sixpence per ten words. ; . ' . ■■■■:•,* ■;.:.■ ,"; -I It is announced that no fiscal changes have been madel:, '.', j ;:■.' ... J. : ■..;•','... ; v Arrived, thia/naorning-^-RvMiS.; iPai-ar ,matta. . .•..,..■; .„, l ' In th 6 Legislative 'Assembly last night, . bnthe motion of Celonel Smith, member for Ballarafc, the' Hon. W. Gillies, Minister of Railways, laid upon the table of the; House, papers relating to the recent appointment of Wi Allison D. Smith, of $few Zealand, as Assistant Locomotive Superintendent of the Victorian Rail-: ways. /;" ''-_'■-:".' ... . , V; ' '. : ':.i : " : ■■''■■{. '-.