NEW SOUTH WALES' BUDGET.

Taranaki Daily News, Volume XLVII, Issue 81841, 6 September 1906, Page 3

NEW SOUTH WALES' BUDGET.

A surplus. "Received 6th, 12.17 a.m. ' ' ' Sydney, September 5. The Treasurer submitted a highly satisfactory Budget to-night, showing receipts expendilurc £11,395,242. Revenue shows an. increase ; on the Estimate of and the expenditure an increase of £117,333. After making certain statutory payments <0 m(t*t the Treasury BHIa, a surplus of ,£846,1 J4 is carried forward. For the ftrst time in the history of the State there will be earmarking of land Mies' revenue for substantia' and peunanent worksjand over nine that purpose this year. Relief to taxpayers will be -afforded in various directions. Punts and ferries, irhiilr handicap the-producer*! to the 1 ileal il-fnr"llnumK) annually. abolished. and school kes involving eighty thousand, will be abo'ished. ' Railway rates will save taxpayers Cot hundred and fifty thousand (and penny- postage *ill give ffflfi advantage of fifty thousand. .IJsi "«tat» , d-fconoaiy, combined with* iplendid season, had made finances exceptional/ buoyant. Not only had Govermn'ntJ services paid for themselves, but busine" undertakings have in every instant* paid their working expenses. Railway revenue to jCS-"S*»- .. Qtf. vyiirkipg expenses and in'erest * on capital £4/" r >-3"5- T.oan expenditure was exceptionally lov.\ an<! the position indicated that we wre Hearing the day when we cnu'cl *;i\ "Goodive to tl* British Under t'' The estimated revenue for the current year is £12,030.555, and the surplus £1,444,600-