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How the Treasurer's Surplus was Arrived at.

\ The "Vapganui Heraid^'^Bays:—ln "a recent article we reterred^to the!, mknufactured surplus. which the Colonial Treasurer had cireTilate'di Uhrough; the inspired organ.vof the Ministry, in ISVellington. ,We are now supplied^ with a complete cbnf essi6h: of the^business by the same inspired medium. The "New Zealand Times," in the, midst'...,of > a long arraj:F6f l , figures, gives the actual Asutplus. It [says "the figures aredepartmentally authentic, and unquestionably i Dare i i substantially accurate. , In; other wprds, .the..departs ment has,: by command^ 'of 'tne-* Colonial Treasurer, suppliedthej jp.urnahjwifch the figures., Having arrived at what it'calls' a net surplus of': $115,174, it says :i" If this .surplus be 'used to pay offi the -unfunded balance"JoF'the Stotit-Yogel deficit:. (£78,605 Ob 8d) £?6,668 19s 4d will remain to begin the new year with." This is exactly what ,wJ3 have maintained^ The surplus was just the amount available to begin the-new year 'with and no moze. r The ( liability had to be met in good faith, for the primage duty was levied to meet it, and the actual surplus could only be the amount after the primage duly! had been devoted fo it« le-riiimif-p object..' So, thatbusii.-- i-; sn'ril. T!:o surplus,is now£36.'HNi jmsi Mia .>i" iho ciiarter ;of a million ;-i>-|>!n -i»VI l.y i!i<> Ministferial journals, jui.l in-ioni oi'mlu; £116,000 stated a few days since'bythe WeUington paper. How much of the £36,000! has been manufactured remains to be seen.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG18900510.2.17

Bibliographic details

How the Treasurer's Surplus was Arrived at., Ashburton Guardian, Volume VII, Issue 2426, 10 May 1890

Word Count
239

How the Treasurer's Surplus was Arrived at. Ashburton Guardian, Volume VII, Issue 2426, 10 May 1890

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