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BETTER TIMES.

AUSTRALIAN PROSPERITY. QUEENSLAND IN CLOVER. PEES 3 Association —CopyniaHT. (Received 8.30 a.m.) 15111SRANE, Thursday. Tn the As'.-embly the State Treasurer delivered the Financial Statement. The good seasons had continued, and prospects c,T the Stale never looked better. The revenue realised last yiar wa£5.119.253, an.d the, expenditure was £5.113.578. All items .except mining exceeded the estimate, while the land revenue .showed an increase of £59.105. ami tho railways an increase of £68.623. It was not anticipated that the .requirements of the coming year would ncccs.-;-tate a resort to thn money market. The Federal mote issue would cause a loss to Queensland of £25.000 yearly, through rendering the Treasury notes valueless. Within six months of the passing of '.file Act the whole of the Treasury notes, amounting to £1.600.000, would .have to be redeemed, but fortunately they could do this without- undue pressure. ' The estimated revenue for the current year was £5.046.207.

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https://paperspast.natlib.govt.nz/newspapers/NEM19100818.2.51

Bibliographic details

Nelson Evening Mail, Volume XLV, Issue XLV, 18 August 1910, Page 5

Word Count
152

BETTER TIMES. Nelson Evening Mail, Volume XLV, Issue XLV, 18 August 1910, Page 5

BETTER TIMES. Nelson Evening Mail, Volume XLV, Issue XLV, 18 August 1910, Page 5