AUSTRALIA.
[bet/tkr's telegrams.] SYDNEY, December 10. Arrived —Hero, from Auckland. The Treasurer has introduced his Financial Statement. The revenue for last financial year was £3,525,000, and the expenditure £4,725,000. He estimates the revenue for the next year at £4,762,000, and the expenditure at £4,954,000. Tho deficit is to bo covered by an increase of taxos on stamps ; spirits, 2s; wines, sparkling, 4s; on beers, 3d; tobacco leaf, 3d, manufactured, 6d; excise duties on beers and tobacco, 3d.
The estimates of expenditure for next year are £4,054,183, showing a decrease of £SSOO as compared with last yonr. MELBOURNE, December 10. Mr Munro, in the Assembly, gave notice of a motion to present an address to the Governor asking that satisfactory measures for the reform of the Constitution should bo carried during tho present session.
[association special.] MELBOURNE, December 10. It is stated that negotiations aro ponding between McLean, of Ballarat, and an unknown New Zcalander to walk two hnndred miles for £1000 a side. Betting on the Champion meeting is dull. Wilson's string, Petrea, First King, and Avernus, are considered the most dangerous. New wheat is quoted at 5s Sd.
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Press, Volume XXXII, Issue 4482, 11 December 1879, Page 2
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189AUSTRALIA. Press, Volume XXXII, Issue 4482, 11 December 1879, Page 2
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