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FINANCES OP SOUTH AUSTRALIA. Mr. Boucaut, in introducing supplementary estimates to the amount of £102,055, made an able speech of two hours' duration on the finances of the country. He said the credit balance of Mr. Ross, liis predecessor, was £31,000, but with the supplementary estimates for £192,000 and £L1'2,000, for which the late Government were responsible, he found a deficiency staring liim iu the face of £150,000. In proceeding to examine the supplementary estimates, he made the disclosure that his predecessors had expended moneys far in excess of the sum they had set down ; that they had made no provision lor railway surveys which they knew would hare to be made ; that they had not provided for a £4,000 indent for stationery ordered in August; and that they had struct out an amount for land survey parties, without calling in the parties. Turning io ""•'jj 3 and means, he said that, looking at -a® harvest, which he thought would average I bushels Der acre, he expected £10, CO increase from customs and slight increases from railways and other sources, but a iipficiency of £40,000 on the laud sales. -1 L,™ wii.h a debit balance « [

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https://paperspast.natlib.govt.nz/newspapers/NZH18771215.2.16

Bibliographic details

New Zealand Herald, Volume XIV, Issue 5018, 15 December 1877, Page 2

Word Count
195

Untitled New Zealand Herald, Volume XIV, Issue 5018, 15 December 1877, Page 2

Untitled New Zealand Herald, Volume XIV, Issue 5018, 15 December 1877, Page 2