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DTHE VICTORIAN BUDGET

— -- . {Pin Press A-iSooiATiowJ I

BtIELBOTJItJiB, AugUSt 1 j The tariff proposals increase tho | duties of 25 per cent ad valorem on potted meats, tweeds and blankets, Woollen pieces, except dress goods, will come m free. The " Age," commenting on tie Budget proposal?, says that tho reason for the delay m collecting tbe duty on cereals till December (not September Ist as at first telegraphed) is that the late Victorian oats and barley crops are almost a total failure, owing to the unfavorable season. Enormous shipments from New Zealand by speculators have placed the markets m the hands of these operators, who alone would benefit / by increasing the duty now. The stocks of oats m Melbourne are estimated to amount to 120,000 bags, while the stocks m New Zealand are reduced to a minimum, hence there is no prospect of late arrivals from New Zealand prejudicing the market against the V ictorian newcrop. . The "Argns" says :-- ,! "We emphasise out ' -<-m\xo for reciprocity with onr neighbors* by imposing a duty on eggs, which will hit Adelaide, and a tax on fruits, which wiil sit on the Taßmanian growers ; while we raise the duty on oats, which is a blow at New Zealand." The « Argns " supports Mr Gillies' statement that the present duty on wheat does not irritate the sister colonies, because they do not look to Victoria for a market, as must ultimately bo the case with oats. ;

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https://paperspast.natlib.govt.nz/newspapers/AG18890802.2.19

Bibliographic details

DTHE VICTORIAN BUDGET, Ashburton Guardian, Volume VII, Issue 2189, 2 August 1889

Word Count
239

DTHE VICTORIAN BUDGET Ashburton Guardian, Volume VII, Issue 2189, 2 August 1889

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