ROUNDING THE CORNER.
FIJI COLONY FINANCES. SUBSIDY FOR AIR SERVICES. (From Our Own Correspondent.) SUVA, October 28. One of the best evidences that Fiji is rounding the corner from her financial depression, is seen in the decision by the Legislative Council to provide subsidies of £3000 for the Burns, Philp 6teamer Malako far inter-island service, and £1500 for air services. The latter is regarded as most satisfactory, as in the past Captain Fenton's seaplane has proved most valuable in saving life and facilitating business engagements.
The Budget, presented to the Legislative Council at its recent session, provides for a revenue of £508,350, or an increase of £23,472 over that for 1932. For 1932 the Customs revenue was estimated at £294,700, but this amount will not be realised by fully £25,000. A suggestion of optimism is seen in the fact that the Government budgeted for £9500 from income tax in 1932, while for 1933 they expect to receive £21.000. The Government estimates the 1932 su<?ar crop at 140,000 tons, while the C.S.R. Company's estimate so far is 120,000 tons. The proposed expenditure for 1933 is £554,132, or £9443 more than for: 1932. The estimated surplus is £9418. 1
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Auckland Star, Volume LXIII, Issue 262, 4 November 1932, Page 7
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197ROUNDING THE CORNER. Auckland Star, Volume LXIII, Issue 262, 4 November 1932, Page 7
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