Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

The Lyttelton Times. SATURDAY, OCTOBER 12, 1867.

The Public Eeyenues Bill is ope for which'the General Groyernment de..series, much/credit. It carries .out, yigprously the policy inaugurated.by the Weld Ministry, of limiting the icpntrol of Ministerß oyer thelreyenues of the Colony..;'. Much 'of 'the.- wastefuiness,,pf... previous Executives had Ween owing to the; fact;'thai theij felfc themselves'. ,t& full, liberty.to. expend wMeyer money came iufco their hands ;in whaieyer way they pleased. Such liberty, .howeyer,, was "very, siderably limited by the-Comptroller's-Act, and : is noyy virtually eitinguisbeti byVthe:. present measure; The Golo- : nialTreasurerdid'not;hesitate to say, in moving- ; ;the second reading.of the: bill, Mat: had therebeen sucli alaw /years:::agp,. the Colony w:puld riotnow have been ,labounrig'' i urider. :itsj-preserit : difficulties.... .It. may be described, .'.= as ,«o "for .:'an;;applicatioh:i to:.1 the : :; General .Groyerriment. itself.'of .'..the:'.'provisions; of.;the,' Pr6yin- : ;cial; Auditors' Act.' .A certain definite: sum: :is. ; ;set. ;apart ; fpf ■.iinM'thorized-'' expenditure, ..irisfcead :^^of .-'-a, ; certmn proportion jofl last: year's revenue.. This iß;much;m6re: : suitable to, '■ the^ciroiirn- ', stances' tif the' General:' Govern and is: probably on this; able 'account introduced.,. The amount to which unauthorized expenditure may is limited'to forty thousand poundsi In case of deficiency of:. revenue, deficiency bills ..may; be ; issued to the extent of sixty, thousand pounds. Biit these bills must riot have Currency for a longer term than, three months beyond, the financial year on. account of whiieh:■■■. they are :drawn. In truth, they 'have more M)f the character, of overdrafts, than, anything.'else; Spme question has been raised'as to how far this may riot lead the Government into the olderror of ari over-payment to the Prpr yinees. We dp ript/lowever,. see-how: it can dp: so to, any great extent, and weshpuld be inclined';'to plead for a, large tolerance in /the iapphcation, of the measure to a..:tranßition : .state. of : things. The monthlyipayments :made to the; Proyinces, or rather the appropriation: of:morithly'balances;to Proviricial'pur- : poseß,iiay indeed lead to It is probable; that in several instances theiriterestand:sinking;iund:'upoft Consolidated -lioanB; along; with the J departmental ; the; : orie-half of :Cons6Hdated::Eeyeriues:;deof there willijbe: a ; landfundiout oPwhicV the ■ general iGovernment ;:may draw: the-balanM yinees lit is/btherwiie.; ?. ! It ! ;fore prPbablybe;found:-that: ;this:.:sum' bf;:Biity ; wili ;: bei upon: ;to; .deficient 'of;Aucklandi::and : that' ;the;Generai. Assembly will again, be: asked,.next;sessiori,;to : fbrgiye.VAuc^ land; the ; dbbt it 6wM-:Jrpm this: TJew:morethanfroiri ,any other cbrisideratiqn^'we.are inclined to. .accburit fbr:the difference of opinion ;by;the C6lonia}:Treaßurer mthv regard: to'thVprospects/of; Auckland, during next:twelve:months.;;'lt:;seemedxlear :tO: most.:other;'people; that; Auckland would cpllapßo;withm;to cast itself arid .all its burdens updn/.tiiei General :Gbyernmenti;; If the ; ; Ministry think r otlierwisejywe believe;it is because they,;have : provided for A-uckland's. wants -by. 1 tlie:: deificieney. bills, and hope Jp. keepitinexistence . as a;Province;' tijlihe next; session of Assemblyt : Then willcome' anew the feeling qf irritation/at-"having to bblnter.it.Up iu-sp; Costly a/mariner. Auckland willfajl; unlamentetl,..' and will: drag /down the other province's with it'.. " '■'-■' '■'■*■

We are conscious of no exaggeration and of no party feeling in thus pointing out the anti-provincial tendencies of this, ns of almost every other measure of the General Government, If the Provinces are to survive, it must be by a wise adaptation of policy to the new

circumstance in which tliey iare placed.; We;, are among thosoHwho thmlc \thiß both : possible and desirable? We., regret,, putito the ampuiit. which .the Government would''be allowed to advance on account of any one Province. By this : means a thorough check would ..have been put upon all dituro ill regard to any particular district, and solvent Provinces would, not bo made, to suffiar, for the siiis of their neighbours.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT18671012.2.8

Bibliographic details

Lyttelton Times, Volume XXVIII, Issue 2125, 12 October 1867, Page 2

Word Count
573

The Lyttelton Times. SATURDAY, OCTOBER 12, 1867. Lyttelton Times, Volume XXVIII, Issue 2125, 12 October 1867, Page 2

The Lyttelton Times. SATURDAY, OCTOBER 12, 1867. Lyttelton Times, Volume XXVIII, Issue 2125, 12 October 1867, Page 2