MELBOURNE.
September 22] Sir Bryan O'Loghlan, Premier and Colonial Treasurer, introduced his financial statement in the Legislative Assembly to-day. He showed that the revenue of the last financial year, including the annual railway recoup of £200,600, nnd treasury bills for £500,000, amounted to £5,686,000, and the expenditure, including £388,000 balance from last year, amounted to £5,497,000. The actual deficit at the close of the financial year was £510,000, which it is necessary to meet this year. The Treasurer estimated the revenue for the present year at £5 436,000, and the expenditure at £5,398.000, leaving an anticipated surplus of £31,000. No fresh taxation is to be levied. A new loan is to be raised for £4,000,000, of which £2,500,000 will be expended on railways, £300,000 on schools, and a like amount on waterworks. The railways last year returned a total profit of £750,000.
September 23. The case of sickness at Benalla is now definitely proved to be not small-pox.
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Bibliographic details
Daily Telegraph (Napier), Issue 3194, 23 September 1881, Page 3
Word Count
158MELBOURNE. Daily Telegraph (Napier), Issue 3194, 23 September 1881, Page 3
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