THE IMPERIAL BUDGET.
Received May 3,8.30 p.m. % Losdos, May 2. *.. Tho Budget was delivered in tho Houso of Commons to-day by Sir W. V. Harcourt, Chancellor of the Exchequer. In his speech on tho occasion, Sir William Harcourt said tho revenue last year amounted to £94,684,000, leaving a surplus of £776,ooo,whicb would be applied to tho reduction of the National Debt.
The estimated revenue for neit year was £95,662,000, and the expenditure £95,981,000. The anticipated deficit would be met by the ro-imposition of tho expiring beer duty, with the result that there would then be a surplus of £IBI,OOO. Received May 4, 1,15 a.m. LoxuoN,May3. In his Budget speech, Sir W. V. Harcourt resisted tho suggested grants to agriculturalists, and warned tho House that the country wouhL! not long be able to afford the out increased expenditure. The limit of tolerable taxation had nearly been reached,
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Wairarapa Daily Times, Volume XVI, Issue 5017, 4 May 1895, Page 2
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146THE IMPERIAL BUDGET. Wairarapa Daily Times, Volume XVI, Issue 5017, 4 May 1895, Page 2
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