AUSTRALIAN POLITICS.
LAND SETTLEMENT IS VICTORIA.
Jtelboume, June 1
Tho Premier of Victoria, Mr. T. Bunt, in a policy speech, said the timo had arrived 'for the imposition of taxation to compel landowners to. put their land to proper use. He intended to submit a Land Valuation Bill to jniivide for a graduated land tax and to prevent the aggregation of large estates. ~-• Mr, Bent foreshadowed railway extension to open up the country. The water conservation schemes now in hand pro*vide for an additional population of at least 400,000.
THE FEDERAL TAMFP
The Federal Minister of W. Lync, is dissatisfied with the tar™ ns passed. He considers the protection it too low, and intends to fight for higher protectivo duties.
FEDERAL FINANCES,
Received Ist, 11.2,5 p>in. MeUwivoe, Jnite t.
In the' House of. Representatives, Sir; Win. Lyne. stated that' in- the event of the Surplus Bill not passing, the Com--moiHvealth could not pay the State* three-fourths of the revenue balance for June. The sum of £250,000, he expUined, was required for naval defence, and £222,1)00 for old age pensions. His intention was to transfer the .Tune b»k anc-es to a trust fund towards meeting '
these charges. By the end of the year the State would have received £2OIjOOO above the three-fourths whereto they woro entitled.
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https://paperspast.natlib.govt.nz/newspapers/TDN19080602.2.20.4
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Taranaki Daily News, Volume LI, Issue 138, 2 June 1908, Page 2
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215AUSTRALIAN POLITICS. Taranaki Daily News, Volume LI, Issue 138, 2 June 1908, Page 2
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