POLITICAL NEWS.
(electric telegraph. — copyright,) -- (reuter's telegrams.) Sydney, Thursday. The Colonial Treasurer brought down his Budget m the Legislative Assembly to-night. He estimates the deficit for the current year at nearly £1,704,000. .He proposed to levy a tax of £d m the £ on real estate, the capital ot all banks and dividend-paying companies, and all descriptions of goods stored. Probate duties will also be increased. Mr Burns expects to realise £650,000 per annum from the projected new taxation.
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Bibliographic details
Manawatu Standard, Volume XI, Issue 1627, 5 February 1886, Page 4
Word Count
78POLITICAL NEWS. Manawatu Standard, Volume XI, Issue 1627, 5 February 1886, Page 4
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