THE REVENUE RETURNS.
It is not easy, and perhaps not fair, to an Administration to draw inferences from the revenue returns of a particular quarter. Therefore, in regard to those gazetted for tho December quarter we merely give the main figures without unduly attaching significance to them. They showed : — Receipts £1,625,746 Expenditure ... 2,065,144 At the commencement of the quarter there was a credit balance of £52,437 ; at the end of the quarter there was a debit balance of £886,960, as compared with a credit balance of £897,542 at the end of the corresponding quarter cf the preceding year. The Treasury was, therefore, in a worse position than at the corresponding period of previous year by nearly £700,000 The figures, of course, on the'r face are suggestive of " tightness of tliß ohest," but they may, of course, be merely illustrative of the va'ying accidents of the accretion of revenue or cf Ihe coming to account of expenditure, and the account « for the mil year may obliterate the inequalities We expect so, at any rate.
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Bibliographic details
Hawera & Normanby Star, Volume XLII, Issue 7377, 1 February 1902, Page 2
Word Count
173THE REVENUE RETURNS. Hawera & Normanby Star, Volume XLII, Issue 7377, 1 February 1902, Page 2
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