Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.

THE IMPERIAL BUDGET.

(By Cable.) London, April 4. In the House of Commons this evening, the Right Hon. W, E. Gladstone, as Chancellor of the Exchequer, made his Budget Statement, in Committee of Ways and Means. Ho showed that the revenue for the past financial year amounted to L8i,0G2,5C3; and the expenditure to L 83,125,000. He estimates the revenue for the financial year just entered upon at L8G, 003,030, and the expenditure at L 51,687,500. He announced that the financial proposals of the Government included a reduction of the duty in foreign beers, the conversion of the national stock resulting in a reduction of the amount of same by L 6,000,000 in twenty years ; a gradual abolition of the plate duty ; adjustment of surplus of foreign spirits, and the adjustment of the legacy and probate duties. The result of these charges would be to still leave a surplus of L 300,000, but a reduction of one penny in the Income Tax, from sixpence to five pence in the LI, would be proposed, and the surplus would thus be converted into a deficit of L 273,000.

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

http://paperspast.natlib.govt.nz/newspapers/AG18810406.2.10

Bibliographic details

THE IMPERIAL BUDGET., Ashburton Guardian, Volume 2, Issue 312, 6 April 1881

Word Count
185

THE IMPERIAL BUDGET. Ashburton Guardian, Volume 2, Issue 312, 6 April 1881

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.

Working