GAPE COLONY FINANCES.
-a— ; A DEFICIT. BV TELEGRAPH —PRESS ISSOCI iTION—COPriUdin. (Kec. .Tuno 21, 4.40 p.m.) Capetown, June 20. At the opening of the Caps Colony Parliament, the Governor (Sir W. F. Hely-Hutchin. son) declared that it had boon found iro possiblo to balance the revenue and ■ th< expenditure. A FALLING REVENUE. ' Cape Colony : has how had. a .deficit for.'fiy^ v years, 1905-6 excepted. . The' revenue 'and ei« "' penditure during' the' last' four years woro' : w under i— Tear. Revenue. . . Expenditure. ;■ ■ .£. .. 1903-01 9,915,855 10,862^558 1904-05 8,i72,503 9,149,107. . 1905-06 8,236,880 , .8,231,719 1908-07 ' 7,733,2418,373,696 It will bo seen, that in tho four years the revenue docreased by over two millions, that is, by more than one-fifth.
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Dominion, Volume 1, Issue 230, 22 June 1908, Page 7
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114GAPE COLONY FINANCES. Dominion, Volume 1, Issue 230, 22 June 1908, Page 7
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