New Zealand Spectator, AND COOK'S STRAIT GUARDIAN. Saturday, May 27, 1848.
On the publication of the quarterly statement of the revenue and expenditure we have generally taken the opportunity of comparing it with the previous quarters, as furnishing in some degree satisfactory evidence of the actual state of the colony : on former occasions we have had the pleasure of noting a progressive increase on each quarter, but the last as compared with the previous (December) quarter exhibits a considerable decrease, the difference in the customs being £1384 : 16 :7; the amount of customs for the quarter ending 31st Dec, 1847, being £4812:15:10; while that for the quarter ending 31st March amounts to £3427 :19: 3. The amount of expenditure on the other hand is necessarily increased by the change which has been made, under the new constitution, in the division of the colony into two separate provinces, and the additional offices which have in consequence been created for the efficient conduct of the Government, so that, after deducting the sums expended on roads, and a remittance of £1000 to Nelson, the quarterly <expemliture exceeds the revenue by nearly £400. Two things must be borne in mind however, first, that the revenue for the quarters ending in March and June are generally the lowest in amount, and secondly, that this increased expense of the Government establishment, though charged to the account of this settlement, should really be borne by the whole Province. We hope that returns of the principal exports from each settlement, as oil, wool, pork, flax, &c, will be published, either half yearly or yearly in the Gazette j this sort of information becomes the more desirable from the formation of the new settlement of Otakou, as the means will then be afforded of judging the relative progress and prosperity of each settlement, as well as the general advancement of the whole Province.
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New Zealand Spectator and Cook's Strait Guardian, Volume IV, Issue 295, 27 May 1848, Page 2
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314New Zealand Spectator, AND COOK'S STRAIT GUARDIAN. Saturday, May 27, 1848. New Zealand Spectator and Cook's Strait Guardian, Volume IV, Issue 295, 27 May 1848, Page 2
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