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i In the Australasian of the 21st ultimo ■ there is a highly favorable notice of the revenue of New Zealand as compared with that of Victoria. " The . correction," says that journal, " off'a : mistake in the statement of the revenue of New Zealand made in IVcsl(jai'th\s Circular lias caused in that colony a comparison of the revenue of New Zealand with Victoria. And it is rather surprising to look through the details of the comparison. The revenue of Victoria for 1875 was £4,230,42;.}, and that of New Zealand for the same year was £2,841 , ( .)53. But the population of this colony is 822,000, and that of New Zealand about •i OO.OOO, or loss than half. This being remembered we find that Customs in Victoria yielded £1,G28,204, and in New Zealand £1,274,400 ; excise, which in this colony gave £.32,474, in New Zealand returned £102,670; ports and harbors, £10,!).% in Victoria, and £18,007 in New Zealand; business licenses, £10,714 in Victoria, and £48,801 in New Zealand ; posts and telegraph, which here produce £198,325, there, with a population of less than half the number, yielded two-thirds the sum, or £133,091. When we look for the great items of excess on the Victorian side we find them accruing from railway income and land sales, in other words, from sources which are not strictly revenue at all. It is obvious that the damaging mistake made; in the circular referred to has done the colony good by enabling it to put forward a statement showing how legitimate are its sources of revenue and what very large sums it derives from them. The statement goes to show a wise and skilful adjustment of burdens, and also to prove great business activity in a country which obtains so lai'ge a share from Customs and excise, ports and harbors, business licenses, and posts and telegraphs. To be active in the ways thus indicated is to work energetically, spend freely, consume largely, and enjoy to a high degree the advantages of civilised life." _

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https://paperspast.natlib.govt.nz/newspapers/HBH18770508.2.13

Bibliographic details

Hawke's Bay Herald, Volume XX, Issue 3909, 8 May 1877, Page 2

Word Count
332

Untitled Hawke's Bay Herald, Volume XX, Issue 3909, 8 May 1877, Page 2

Untitled Hawke's Bay Herald, Volume XX, Issue 3909, 8 May 1877, Page 2