THE 'BUDGET.'

New Zealand Tablet, Volume XXIX, Issue 1, 3 January 1901, Page 10

THE 'BUDGET.'

Thk word 'Budget' came into our language from the low-Latin through Norman-French. The original word was ' bolga,' which appears to have been the Gaulish word for a leather bag. In Italian thii became ' bolgeta,' a little bag, and this in turn became the French ' bougette.' This was the name of the bag, not unlike a barrister's brief bag, in which the national accounts were taken to the Parliament House to be discussed, and gradually the name of the bag became transferred to its contents. Thus 'Budget' came to b« the name of the statement of the national finances presented every jear by the Chancellor of the Exchequer.