ONE OF THE NEEDY PROVINCES.
The following extract from the "Wellington Correspondent of a Dunedin contemporary, will give our readers au insight into the state of bankruptcy of the province of Wellington. It is not to bo wondered at chat such a province will use all its energies to got the financial policy of the Colonial Treasurer carried into effect. Wellington has everything to gain, and nothing to lose by tho working out of Mr. Vogel's borrowing scheme.
" Tito facts elicited during the recent brief session of our Provincial Council fully bore out the accounts I have from lime to time forwarded to you regarding the financi.il, or rather the insolvent, condition of this province. The Provincial Treasurer admitted that for the last eight months the revenue showed a deficiency of Ll-i<,ooo, that for tho next two months the only probable sources of income were the wharf at the Kaiwarra toll-bar, and that at the end of that time the arrears due would be about L 25,000. Tho General Government has furnished the Provincial Executive with a sum (about LBO'JO) sufficient to pay all tho liabilities due for gaola, hospitals, police, harbour, land, and surveys, and has undertaken to continue to find money for tho support of laose departments until Dr. Featherston returns ; but it has resolutely refused a single penny towards legislative or executive departments, or for public worlo?. The very day men employed in keeping the roads in repair arc six months in arrear of their wages. Mr. Bunny obtained a committee to sec the General Government and try to get a further advance, but tho reply sent after the interview was that tbe Government was not in possession of sufficient information to justify them in making the advance."
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Tuapeka Times, Volume III, Issue 150, 22 December 1870, Page 7
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291ONE OF THE NEEDY PROVINCES. Tuapeka Times, Volume III, Issue 150, 22 December 1870, Page 7
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