SOUTH AFRICA
POSITION OF ORANGIA AND TRANSVAAL. GROWING FINANCIALLY WORSE. Received 29th, 9.42 p.m. Pretoria, May 29. Opening the Intercolonial Couacil at Pretoria, Jxml Selboumesnid the financial position of the two colonies had materially grown worse. The budget showed a shortage of .€IBO,OOO, while the estimates for the coming year anticipated a reduction of revenue below expenditure by £700,000.
(By an Ordcr-in-Council, dated May 20, l!K):i, an Intercolonial Council was established to advise the High Commissioner and Governor on the financial administration of the South African railways, and the employment of their revenue, the expenditure on South African constabulary, certain official expenditure common to the two colonics of the Transvaal, and the Orange River Colony, which is placed by the Order under the administration of the Coucnil, and any other common expenditure which may from time to time be placed under its authority by the Legislative Councils of | the two colonies with the consent of tha Secretary of State.)
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Taranaki Daily News, Volume L, Issue 59, 30 May 1907, Page 2
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159SOUTH AFRICA Taranaki Daily News, Volume L, Issue 59, 30 May 1907, Page 2
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