ENGLISH BUDGET.
(By Electric Tki.kgraph.— Copyright.) London, March 27. Tub Financial Statement delivered by the Hon. Mr Goschon, Chancellor of the Exchequer, shows that there has been a gross saving of £711,000. All departments show that economy has been carried out. There will be no additional estimates brought down for the army and navy. The revenue for the year is £1.454,000 above the estimates, which leaves a surplus of £2,160,000. The Governnientsupportershighly praise the proposals in the Budget. The Opposition are, however, reserved in their opinions. The Times likens the proposals to those formerly set forth by Sir Robert Peel and the Hon. Mr Gladstone. The Standard gives a gratified approval, but expresses dislike to the petty wheel and horse taxes, which it considers will cost a considerable sum to collect. The Daily News considers the Budget ingenious and partially sound, but thinks it is doubtful if the proposal to impose taxation to assist local revenue is wise policy.
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Waikato Times, Volume XXX, Issue 2454, 3 April 1888, Page 2
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159ENGLISH BUDGET. Waikato Times, Volume XXX, Issue 2454, 3 April 1888, Page 2
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