Untitled

Southland Times, Volume I, Issue 78, 29 November 1864, Page 2

h ..MJb. Ta£ LTdisr's ■•■financial- statement pubj IlMiejcL jsnf the- 17th inst;pjtau?phav6---i occasioned so me surprise to tKe " Qazetti^ , reading public. It does, not give a clears , insight in^Hthe-llaßiliiife (XftfhiQ $$o vince; . e.^en to those posi3essing some previous v kno^edg^ibi; j^h^ ( :_sii^ect.K^;^appfeaES ,- thai; 'the ' 'eMmaiied- revenu^^compared f with .the actual-r^is. in ,round numbers *as I 'as^l^ i3jj&.ifeaify"ipO per, cenfc;^^ry^matsd';,' tHe"'feMraetu^tfeii^^2^97 ja£ainstv£9Bißi7^stim;a'te^ i 'apparent;' bu£ the" grand Itotal; of S actual '*• ir£v|ni|e isJf^eUed to ;£156;699, by adding) ;": jcertain ""refunas^ amourifefig^l£lo4j;4o|Lvi Ith us; making. it^appear, to f jthat our revenue was some y£6o,ooo"odd , more'than it was estimated ati v :. This, na. j hardly fdir; : •^■ : •■';th : c■' J Pr'dvin6^al^-■■TTe^u^e^;v: jand certainty Hoes^ not ;; explain y ifeel| ? j IDoes he »mean\that he^Has;[ac|uall/*rV : | [ceived arid paid in tp . the general account ■ ; £ 104,000, thus reducing.; the. .liability, or ! ;dbes he only mean that he has ladled out that tiny amount |irom} one bowl, and J ■launched it into a&oe0 for the purpose i of* throwing dust 'info 1 the eyes of the , -public?^ -"^ ••'■ •- ■' J : - ■&■;'* x ' : y. : U-[i. . The general statement is feebly entertaining. It winds > up, ; on" the 7th page with.startling sums in addition. 1 The tyro sees:— - -----y i'-y->'is:-i-;/.i;u: J V&ted ..,..:..;...... . . .-. .'". . ... . . £98;llV 3 11 x Expended. :;.::..-:.d....v.. 7;.^ 143346 :> I 5 , -In-Excess (0n1y)..... . 1,943 10 3 j ' Utuxpended.;:.:.:::::.::.:::^ ib; -;6, ; ■ The provincial .Treasurer ucl^ariy^ii^ws that after voting ;£9B,(pD, and; spending _ £143,000, we were' only' in excess £1,"94i3,. and yet had unexpended. £f 9^966. Tfiis is the long sought" for " explanation of the \ problem of how to one's mutton^ ; and j have it. Thus we have we spend ) £150. Jtcfebrding^td^'Mr: Ta^lton we| have" exceeded our "portable; property "| by only £ 2 10s;; and^yet^ joy of t jdyi}»iwei haVe ; £so Os. Od. left f Why did not Mr A : TAKLT6N'rLire~a~liiie'under-the -words -and| ; addrtionW just beldw- Policy ' 'l a little troubiei;yjy-malang| ■ Jthis^part^pfhii's^^et^ptj'at;' 'pitceT'lnitelli-; I gible. ' .■i.-:'i},--v>-i:<±-^ni :- ; - VVe now come to the balance sheet of ! , assets ;j andv •Habilitießi'>,j- Turning -^to. She | statement^ofcJune^3()th|4iwi 'f(nd ? Jthe4Ki-j i bilities of the Province, at that, timef ambuute&to ■■ ! iffi&s2&l4iß:v3di- i to whicfi la^a^bes^a^^l3B^H^ the Town Board to the Oovernment. This latter': item not; b^^H^iclu4e^ :^fi the general statement- but jiuJdCTSthe^Kead^pf """contingehib,'' is set; ' dowii * at "£i9,C)ooj with Town ;Eates secured £11,942. 'The -t : o'tal r fiabilTtie¥'\^ £464,562 4s. lld^TKe so-called asset^ were as follows : i — -■•■■■- - - — --■■— b

iLus leaving .a. debt of £151,000 odd, absolutely unprotected- and ' : unpfoyideid for. ' T6'wiiicli'aU(i'tKe ; diffefeHc^bfetw*eeii the real and estimated returns" from. •Revenue of all' sourcesH-prdbablj some forty per "cent. ~less— and- we -have about £160,000. Now, the September, statement would make it appear J that thY ! r general^ liability r Fro- j vince amounted to £379,553 ; '75.^3d., | while our assets, similar in description to | those enumerated 'above;' are £324,377 MBd!f leaving: pn1y^£55;476":23r'7t1: to "be provided- for. '**'M.Wi Tablton, very humorously, sets down- as v assets --certain Unauthorised expendituTo/r aftro,unting to £8,655 2s. 9d: If the "legal* provision " will provide the money already, spent, the more "law of ' that sort the" -tebitheil cahiaccommodateSouthland^with the better.;n^iew;edjin i^ny light, Mr. Taelton's production is a bungle* and leaves' the' public J in the^daxfe^^'Htld! he drawn up his statement somewhat; after, the following plan, 'it:Woiild:.tiave beei£ far more satisfactory :— - j : _>^ii ■' \&< Assets. Liabilities. r Immigrants' Bills. J Due B.WiS.W. on Qpn^ Cash in hands of Lon- "eralJAccdliat^- 1 don Argent. Do. ;Raiilwaj Account. r Loan % to .Tovra Board, sc- ! Other. Bauks, on Gene- . *•;' cured on ;^rateß". rr ' "' '-J f jvk Account. ' < — - Deberit'ufes-u'ns6ld-~-- on >DuerQener»leQ;oyeni- ■■-" '"B;Hr&~X|l: Loanev)- "~mevAr — — - I ■?,} J - -fraud -SJK p. <i-, . . '\MI . ' Cash to' credit jof Pro-; .? ■>,', , ,_'.,/>, ;. v> I - ■.'■-•: iTincial^Treaiuren ■ . ,;,-a-\^,'^ " V- '"lr-r'v; \ Balance ;unproyided;for L * '.".'. '" '- ".', r\. • ; .or unsißcured.. ■■ ■. "■; .- Z '■■'■'. ■■■ ■'..- ',-.'"'.:, '"^ ' . .a-Ti v:,viptai] .', c \ ;^,-'- _;;; : ; J:,;:/To;tat ;;; '„_, \ Vi < -'i^yprieVb'uld?then>se r e^t^a-glance^o'm ' • ' un!gro • vince'-reaily^^^^^ h atjparTjvandjth^efdre |p'wh^^i|Bnt|;he : r aMstanee^Of^the general ;Cfpye|nment s should be, asked; (that is, if it is'notial- \ ready too I'ate)." "IJoesftMr.; Tablton. L wishful tb believe that J the) present )uni- secured aeficjt Js^cmly £55^176 2s. y. 'whehy : oh-3Qt^Jnae^a6co^iugj^J^fi6YrQ [:■ %}ip\ving,4t amounted- to £142^|8i 2^ od.? \ Does he meanju¥: toSainderstahd %af . the ahprt^tiine which has since elapsed, > the "liabilities ■pfH-Sbafciiia r dd ;; \;have i di-' r ?miiiiß}M> by^£87,607: 19s: ; r^notwife .' Standing'; that^a; new item-xr-^ Balance, of Advance &oyernmentji'jrfhaß--s;^bfeeif laded^pf iL2s J <?dist!jii lWe- ; presume^he r^6i();boq ? xecelved^^fr^ • i^efi^al* G-overni^entihas^beenTs^en^ on 5 'miiways; but we caia findno^ltie to itatt< y r^vjf^ri i t ! 'f .l.ir the above Reduction- of -the del&i I according to. thi? iastpuiiL^rig statement, L is corfect,"ijhe':Prp^ioe i: can do lijtbthmg, ■ betterMtlian "wait.* patiently for^aridther 5 s l f quarter, ' v when- ther liabilities will|poß-> p siblyvjbe .reduced jbo- ; ; ; ''.nil,^ vwtht ifctf r iufth^^lfiiaaiug i^tcumsta^irbfi^here > belngt^lMlaticesat^ », Tnpst .devoutly iHolb^ wished i ative fight of the 'lulke^y catii^Miv

nothing to " rtobo^^jffigid nobody owing nothing to us."

' Estimated Revenue^.. : .'.V.'.'. ~ "£Bfo6ti l 6 L 0 | tt' '-'■■"' f 180,000, tt, PL .unsold Debenturee. :...;... < ' iiOOOO ? 6 X) ' > Loan to T0wn" 80ard....... 7 ''"" 9.138 10 78 L Immigrants' Bills :.....-.. 4000^-**'- 0L • Adrance Account..... ....'.': ;'' 250 0 0 ; cash.;.v^/ r ;.v^^..r\»... :r ..vv;\:;i.26i,..iT 7 ! ' Ai _N-faJ,LL-,-; :,-:. ,.>^£3lX&39 12 "3 I