THE VICTORIAN REVENUE.
Melbourne, July 30. Mr Gillies, the Premier and. Golbnial Treasurer, delivered hife 'Budget spepch this evening'. It is considered highly satisfactory. The receipts 'during the year were £9.779,000, and the expenditure £8,170,000,, leaving, a surplus of £1,609,000. The Ye'v' hue for next year is estimated at £10,608,000, and the expenditure at £10,523,000. Govern: ment inteud to dispose of the surplus by giving grants and bonuses in encouragement of'the agricultural and wine'industries;, also to establish technical, Agricultural, and military colleges., develop? rabbit extermination, and,give additional grants to 1 municipal bodies and other existing institutions. With regarjd to the tariff tea will come in tree, cereals will be increageVl to 3s'per cental; and green fruit to 2s. It is not proposed to increase the 'stock tax. Postage rates wiil be reduced to Id within the colony. The duty on all dairy produce will be increased, but the amounts are not yet available for telegraphing , jiii in ij \ i iiil..' .I 1 ■"- r.".T"THTrfft. f^^A
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Temuka Leader, Issue 1924, 1 August 1889, Page 1
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164THE VICTORIAN REVENUE. Temuka Leader, Issue 1924, 1 August 1889, Page 1
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