AUSTRALIAN NEWS. :

Hawera & Normanby Star, Volume XLVIII, Issue 8104, 6 October 1904, Page 3

AUSTRALIAN NEWS. :

I . 1 XEW SOUTH WALES POLITICS. I • [press association.] ! (Received October 6, 0.15 a.m.) SYDNEY, October 5. Mr Carruthers, Premier and Treasurer, I delivered his Budget to-night, which show- ( ed that by various economies there was estimated to be a surplus of £83,000, which will be utilised to reduce the overdraft, brought forward from the last financial year, of £524,000. Mr Carruthers hopes to alter the status of the State Governorship to that obtainin;; in Canada. Civil service salaries are I not touched, but by re-grading the promotions £150,000 per annum will be saved for three years. The Agency-General is to be abolished. The Local Government Bill is to be the chief work for next session. Loan expenditure on public works could, without injury to the community, be reduced to a million annually. During the present year £2,400,000 is required to be borrowed to mret loans falling due.