CHRISTCHURCH.
"Wednesday.
Mr Stevens, M.H.R., addressed his constituents last night at the Oddfellows' Hall. There .was, a large attendance. The Mayor was in the chair. The speech was almost entirely a review of the past . session. Speaking of financial matters, he said the Consolidated Fund was in a . state to cause great anxiety. He did not think the country was in financial danger, but would say our conduct in relation to loans, credit, and everything in the way of expenditure has been sufficient to bring any less favoured country on to its knees. The consolidated Fund as compared with the expenditure was in an unsatisfactory condition, and if there is not a deficiency next session he should be agreeably surprised. The Treasurer had over estimated Customs revenue ,by some £50,000. [Retrenchment would have to be practised, and not unlikely the subsidies to Road Boards and Municipalities would have to be cut off. He would support this in preference to new taxation. He would?look to Government bringing forward a good sound system of finance next session. He advocated triennial Parliaments, and an elective Upper House. A vote of confidence was unanimously passed.
(FROM OETB OWN CORRESPONDENTS.)
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Thames Star, Volume VII, Issue 2537, 22 February 1877, Page 2
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195CHRISTCHURCH. Thames Star, Volume VII, Issue 2537, 22 February 1877, Page 2
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