GENERAL CABLES.

Taranaki Daily News, 23 September 1916, Page 5

GENERAL CABLES.

f STATE PAPER MILLS. j Anstralinn-N.Z. Cable Association, Received Sept. 22, 8.15 p.m. 1 Sydney, Sept. 22. ' The (iovornment proposes to entablis] State piper mills at Liverpool. UPPER HOUSE ABOLITION'. Received Sept. 22, 5.0 p.m. Brisbane, Sept. 22. The Assembly passed the third reading of the Upper House Abolition Bill. The no-confidence motion arising from Mr I l'ihelly\s speech on Irish affairs was de foated, an amendment expressing eonii dence being carried by 42 votes to 24. SOUTH AUSTRALIAN 'DEFICIT, Received Sept. 22, 11.30 p.m. Adelaide, Sept. 22. i In the Assembly the Treasurer dei livered his Budget. The year ended in a deficit of which, with the ; previous year, makes n total deficit o( > .1:864,857. It is estimated that the re- • venue foi the current year will <bc ; £5,337,M8, and the anticipated surplus * £2200. It is proposed to increase the . land tax to a penny in the ;C, and tc 1 reduce the income-tax exemption to £15(1, with exemption to men on active ■ service, and to increase the probate and ? succession duties. CHINA WAXTS LOAX OF TEN MILLION*. Received Sept. 22, 11.40 p.m. Peking, Sept. 22. Tile Minister of Finance has asked the representatives of five Powers for a loan of £10,000,000, giving as security the salt gabe'iie. ' BAKERS PETITION TO CONGRESS. 'Received Sept. 22. 11.50 p.m. 'New York, Sept. 22. r Owing to the high cost of flour, the bakers are petitioning Congress to prohibit the export of wheat during the wintef ■- »