SIR H. ATKINSON'S FINANCE.
A. FLOtJRISHINQ- POSITION. [FROST OUR OWN C6R»fi9&O3S?6EI«P.3 . J ' ••'■ '"■.. WBifcl^TON,^iiarj 33. In rellnquisUini! the office' of Colonial Treasurer, Sir H. Atkiasoahas to Parliament; a memorandum, ehpwiaff the results of the last nine mouths financing. It is a loug and intricate document, but excluding details I may state, he shows that the Departmental officers predict that the expenditure for th,e year' will exceed the amount «tatea in the., last session's estimates, by jeSQ7O, buC ii will cover the cost of the present sesst&i ' SUjffiO, which, ol cour&e, was not foreseen. The revenue on the other hand, promises to yield £118,748 more "than was estimated, chiefly through excess in Customs, railway, stamps, and beer duty. Taking in account the balance of surplus carried forward from last year, after extinguishing the deficit of the previous Ministry, Sir H. Atkinson estimates a probable surplus of £156,244 at the end of the year. As to the land fund It has yielded so well that lie expects that its debit balance of £45,717 (at the beginning of the year) will be quite extinguished at the end of the present year, though there has been unforeseen expenditure on. surveys. '
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Bibliographic details
Press, Volume XLVIII, Issue 7769, 24 January 1891, Page 5
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195SIR H. ATKINSON'S FINANCE. Press, Volume XLVIII, Issue 7769, 24 January 1891, Page 5
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