THE FEDERAL BUDGET.

Taranaki Daily News, Volume XXIII, Issue 231, 11 October 1901, Page 3

THE FEDERAL BUDGET.

[per pbkss association.] Sydney, October 10. The tariff and its effucts a r e the »b----sorbine question in the public mind. The feelin» is pretty general that the tariff was framed under influences which doraira'ed the Victorian fiscal policy. Scant oin' id- ration is shown to New South Walis' predilections towards fre* ! rade. Tfce object of making the agricultural tariff so high is undoubtedly to kill the New Zealand trade, and thus bring that colony up with a shirp turn to i re.ili ation of what it has lost. As Mr.orilmd supplies the bulk the oats ns'd here, a great deal will have to be imported for the next year T more. One crumb of comfort, is irhe fact 'hat io supplying South African order?, the Australian coloniee hive drawn largely on New Zealand to 'ne'p them to fill such orders. A couple 'if years ago the New Zealand producers would have felt such a tariff very much, because Austra'ia was the best nurke", but things are changed -off, and it lonks as if South Af ica ■vould take the products. Tho question arises whether prM-iu- er- bee *'ill not ose more than those of Maoriland, A® one shrewd merchant remarked, " New Zealand will now make special efforts

to cater for the South African tvnde. If she di es she must, cut very seriously ■n'o the demand which our exporters have been supplying, to the great benefit of producers here." Brisbane. October 10. The Courier says the tariff confirm 6 he conviction that the sugar industry is doomed. Grfat excitement prevails in the north, and many plant&rs "ill be utterly ruinc-d by the combination of thrt t-irifl' and the Kanaka Bill. . Serious forbearing men aroui;d Cairns are angrily talking of forcible resis- , 'aoee, and their defiant attitude is [ :nost pronounced. Melbourne, October 10. There will ho a hard fight, over the s tariff. Eevomie-tariftists are anspred Ky t>e Government proposals, aqd will t s ist. --kiioc 1 ' evprything -u- i ver 20 ■ I ; C' r cent.