PUBLIC WORKS FUND

Evening Star, Issue 19002, 25 July 1925, Page 3

PUBLIC WORKS FUND

The expenditure on public works showed a considerable increase over that for the year 1923-24, and amounted to £4,357,440 net, including £226,000 transferred to main highways account, construction fund. The principal headings of expenditure wore railway construction, telegraph extension, additions to open lines, and roads, etc., in that order. The Minister of Public Works will at a later date submit his proposals for the continued progress of developmental operations, and the House will bo asked to authorise the raising of the necessary funds for this [mrpose.

In each of the last two years £1,000,1)09 has been provided out of surplus revenue for transfer to the public works fund, whereby an annual saving of approximately £98,000 Ims resulted in debt charges that would otherwise have had to be provided by taxation. “As I have ponited out,” said Mr Nosworiby, “ there new remains a diminished surplus rove turn available for capital purposes, but I propose to ask for authority to transfer up to £1,000,000 this vear; the actual amount available will !e determined as requirements demand and conditions permit.”