LANG’S BUDGET

Hokitika Guardian, 18 June 1931, Page 3

LANG’S BUDGET

ALL iNTKBEST in BE RAID. i Avxtiulmn Press ,1 s.atnu taai ) SYDNEY. Ji:."» 17. Ihe New South ,ui« oovenuno.ita Ji dget was d Jivered to-day in the Assembly by the Premier-Treasurer, •ir J. Lang. Mr Lang deilnsu that the year's d - licit amounted ui 751.000 vh . h the Stat ra)....vs weie f spo;,,v.hi. tor £4,290/00.

Mr ..aii:; sail’ tin, the ac mutilated deficit wts mainly a leg. . y Loin the Governm nt’s p.echv s.airs. th ft a,i Government. Mr Bavin: "You are always making excuses." All' Lang; "You made them for three years!!' Continuing, Mr iLiiny said th. ‘ the receipts from th ■ Un nployimir Tax by Jmi' lAb wT! total 34,400,00\ The receipt I'-om th Fam 'y End'wo ent Tax v Mild he buffi ficieni' for tli 'purpose, and it might ’>e n"Pessary A) increase i lie tax from one per cent. t. two per c. nt. Air Lang emphasised that the SL'ie finances must be put on a sown! basis, and. as it was doubtful whether loan moneys could be obtrned in future, it might be necssary to complete th<‘ works that were now under construction out of revenue. Mr Lang referred to the action of the Premiers’ Conference in deciding to reduce the int rest rates as be'ng a step in the right direction, ami h said that he had been severely criticised in all quarters for advocating tins very thing. ■Mr Lang announced that the estimates for the coming war would in elude provision for the payment of all the interest owing by New South Wales.

N.B.W. CABINET CHANGES. SYDNEY. '.Tune 17. A rearrangement of portfolios in th° Lang Administration is announc' d. Mr J. Lamoro is ,ffi he Attorney-General, in place of Mr Lysaght. Mr AAA J. VlcKell is to be ’.Minister of Justice; Mr J. 'McGirr Minister of Lora] Government, and Mr >vV. T. Ely .Minister of Health at Canberra.