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NEW SOUTH WALES FINANCES.

» (PBS Pb^SS &880QXtnOH.) Btditoy, January 22 Mr J. P. Gtrvan, the new Colonial Treasurer, states that besides the shifting to credit of cqnsoli^afie^ revenge trust fynds amounting to $i,2QO,QQ6, which have been spent, the public account Js, m addition, overdrawn to the extent of £1,20Q,Q00. He depljnea to pay salaries unless funds are provided to meet the necessities of the State. The " Herald," m an article on the finances of the colony, says there is no cause for alarm. It is not a matter of surprise the revenue is overdrawn, as there is money authorised, but not yet borrowed , to set against it, Jt considers it is Mr Garvan's duty to endeavor to reduce the deficit, and urges retrenchment, .

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18890123.2.9

Bibliographic details

NEW SOUTH WALES FINANCES., Ashburton Guardian, Volume VII, Issue 2044, 23 January 1889

Word Count
123

NEW SOUTH WALES FINANCES. Ashburton Guardian, Volume VII, Issue 2044, 23 January 1889

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