SOUTH AFRICAN FINANCE
HEAVY DEFICIT.
*T CABLE—PRESS ASSOCIATION—COPYRIGHT
CAPETOWN, Feb. 21
Introducing additional estimates in the Assembly, the Minister of Finance said the deficit for the current year was £2,000,000. Customs had fallen off £1,000,000, and the collapse of the diamond market had involved heavy losses. He believed it would be wrong to tax the people and the only alternative was to reduce expenditure.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HNS19220223.2.24
Bibliographic details
Hawera & Normanby Star, Volume XLII, Issue XLII, 23 February 1922, Page 5
Word Count
64
SOUTH AFRICAN FINANCE
Hawera & Normanby Star, Volume XLII, Issue XLII, 23 February 1922, Page 5
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