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Australian.

The Victorian Tariff proposals Increase the duties to 25 per cent, ml valorem on potted meats, tweeds, and blankets. Woollen pieces, except dress goods, will come in free. The ‘Age,’ commenting on the Budget proposals, says:—“ The reason for the delay in collecting the duty on cereals till December (not September 1, as at first telegraphed) is that late Victorian oats and barley crops are almost a total failure owing to the unfavorable season. Enormous shipments from New Zealand by speculators have placed the markets in the hands of these operators, who alone would benefit by increasing the duty now. The stocks of oats in Melbourne are estimated to amount to 120,000 bags, while the stocks in New Zealand are reduced to a minimum ; hence there is no prospect of late arrivals from New Zealand prejudicing the market against the Victorian new crop.” The ‘ Argus’ says“ We emphasise our desire for reciprocity with our neighbors by imposing a duty on eggs, which will hit Adelaide, and a tax on fruits, which will sit on Tasmanian growers, while we raise the duty on oats, which is a blow at New Zealand." The ‘Argus’ supports Mr Gillies’a statement that the present duty on wheat does not irritate the sister colonies, because they do not look to Victoria for a market, as must ultimately be the case with oats. Mr Price Williams, the eminent railway engineer, has furnished a report on the railways of New South Wales, which corroborates the opinion expressed by the Chief Commissioner a few months ago. In his report to the Government, Mr Williams condemns the rolling stock wholesale, and says it will be necessary to expend L 510.000 on locomotives, and no less than L 847,000 on carriages and waggons to restore the plant to its normal condition.

The strike of miners at Mount Eembla, New South Wales, has been amicably settled.

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https://paperspast.natlib.govt.nz/newspapers/ESD18890802.2.2.2

Bibliographic details

Australian., Issue 7975, 2 August 1889

Word Count
315

Australian. Issue 7975, 2 August 1889

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