WHY THE RETRENCHMENT?
(By Telegraph—Press Association.) i . - , Auckland, July 9. Discussing the question of a Government retrenchment scheme to-day; Mr. Bart ;Kent, Chairman of tho Auckland Chamber of Commerce, stated it as a positive, fact, that tho total expenditure of the \ Dominion for 1908-9 exceeded its total revenuo by £584,828. "You will'remember, that the Prime Minister at Invercargill oil May 1 ilast, stated that the Domimon hid made a profit of £184,321," said Mr. Kent, "but. tin's' is not so. The difference •' botween.. -tbe". actual revenue of the country and its expenditure (including the amount; transferred to publjo works which cannot rightly bo: excluded) is £534,328 clear loss, as I have already mentioned. Honce,' all, the strenuous efforts -of the Government in the way, of retrench-
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Bibliographic details
Dominion, Volume 2, Issue 556, 10 July 1909, Page 6
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126WHY THE RETRENCHMENT? Dominion, Volume 2, Issue 556, 10 July 1909, Page 6
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