FINANCES OF DOMINION.
REVENUE’S UPWARD TENDENCY. Per Press Association. AUCKLAND, March 10. The improved condition of the national finances was referred to by the Minister of Finance (Rt. Hon. J. G. Coates) at the opening of the Kumeu Show. "We estimated that the Budget would be balanced,” he said, “and after examining the figures for the past 10 months it is clear that the revenue is continuing its upward tendency.” An indication of how this year had been a better one than the previous year con'd be.obtained from the figures for the 10 months ended January 31. In that period in 1934-35 Customs' duties had amounted to £6,206,000, as compared with £5,370,000 in the coresponding period of 1933-34. The excise duty on beer was £548,000, as compared with £545.000, and the sales tax, £1,833 000, as compared with £1,540,000. The total for the ten months was £8,587,000, as against £7,455,000 during the same period in 1933-34. "These improved returns,” concluded the Minister, ."have been achieved with no increases in taxation.”
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Manawatu Standard, Volume LV, Issue 87, 11 March 1935, Page 2
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170FINANCES OF DOMINION. Manawatu Standard, Volume LV, Issue 87, 11 March 1935, Page 2
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