THE IMPERIAL BUDGET. London, March 11.
In the House of Commons to-day, the Chancellor of the Exchequer delivered the budget speech, In the course of which he showed that the revenue for the past financial year amounted to £80,000,000, and the expenditure to £84,216,000. He estimated the revenue for the ensuing financial year at £81,360,000 and the expenditure at £81,485,000. To meet the deficiency of the ])revious year, £6,000,000 of exchequer bills will be converted into terminable annuities. There will be no increase of taxation.
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Waikato Times, Volume XIV, Issue 1204, 16 March 1880, Page 2
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85THE IMPERIAL BUDGET. London, March 11. Waikato Times, Volume XIV, Issue 1204, 16 March 1880, Page 2
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