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A MILLION SURPLUS

' ' ' Received 2/11, ndoh. ' ' ' • SYDNEY, *his Day. ' In the Legislative Assembly last night, the Son. 'James Watson introduced his Financial Statement. After referring to . Ithe increasing prosperity of the colony ,ije stated, tbat the re venue., lor the pas year,,a,mpunted to .and that fchere was a sprpjus pi £1,827,69, 5. The estimated revenue for next year was , £7,850,200, with a credit balance of £589,851. It is proposed to,, remit a number of special duties on household requisites < and . builders' and manufacturers' materials. Further railway conctruction to the extent of 700 miles will be proposed, besideß. various extensions of tramway system. It will not he necessary, as was supposed; to. float another loan at the end of nex'l year.. ,The Treasurer concluded- by stating thatrthe revenue for 1883-83 may probably, reach. i k

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HNS18821102.2.32.9

Bibliographic details

Hawera & Normanby Star, Volume III, Issue 335, 2 November 1882, Page 3

Word Count
134

A MILLION SURPLUS Hawera & Normanby Star, Volume III, Issue 335, 2 November 1882, Page 3

A MILLION SURPLUS Hawera & Normanby Star, Volume III, Issue 335, 2 November 1882, Page 3

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