CAPE COLONY.
BUDGET DEFICIENCY. FURTHER RETRENCHMENT TO BE MADE. Received July 2, 0.12 a.m. Capetown, July J. Mi\ Merrinmn, introducing the Budget in the Cape Parliament, showed a deficiency for the past year of £OOO,OOO. The Government's retrenchments led to a saving of £(117,000. He anticipated 3, deficiency of .00(1,700. He proposed to lower the base of the income-tax by £SO per annum, to suspend the sinking fund provision, and to deduct five per cent, from the salaries of civil servants and members of Parliament, lie added that the riovernnient did not want the Cape to enter a closer union with other colonies as a bankrupt State.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19080702.2.18.7
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LI, Issue 164, 2 July 1908, Page 2
Word count
Tapeke kupu
107CAPE COLONY. Taranaki Daily News, Volume LI, Issue 164, 2 July 1908, Page 2
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in