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HARSH RETRENCHMENT

LATE EDITION

SOUTH AUSTRALIA’S PLANS BID TO BALANCE BUDGET NEARLY £3,000,000 DEFICIT. (United Press Association—By Electric Telegraph Copyright). Received 12 noon to-day. ADELAIDE, Aug. 28. The 'Preigier (Mr Hill) has informed Parliament of the grounds of his appeal for Commonwealth assistance. An important item was that the State must he reimbursed for loss incurred owing to the Federal Policy. _ “We are faced with a deficit of £2,789,000 this year,’’ he said. “By a policy of retrenchment andi economy of the harshest character, from which not even hospitals will be exempt and which will swell the menacing ranks of the unemployed to such degree as the challenge the preservation of law and order we will reduce the amount by £1.759,000, leaving a balance of £l.000,000 “This is .less than the disabilities inflicted'upon ns by the Federation and must be found by the Commonwealth if we are to put our signatures to the undertaking which Sir Otto Niemeyer placed before us. We are the most •■'‘’heavily taxed" of the States, showing we honestly tried to met our obligations.”

SEVERE SACRIFICES. WESTERN! STATE PROBLEM. Received 12.»30 p.m. to-day. PERTH. Aug. 28. The Premier, Mr Mitchell, explained to Parliament how the Premiers’ conference conclusions affected State finances. One of these was that no money could be expended until it was received. This would entail severe sacrifices.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19300828.2.87

Bibliographic details

Hawera Star, Volume L, 28 August 1930, Page 9

Word Count
224

HARSH RETRENCHMENT Hawera Star, Volume L, 28 August 1930, Page 9

HARSH RETRENCHMENT Hawera Star, Volume L, 28 August 1930, Page 9

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