AUSTRALIAN NEWS.
By Telegraph.— Association.—Copyright..' INTRIGUE IN FEDERAL POLITICS.,*. , Mia bourn*;,. May 2. Intriguing is going on for the breaking up of the coalition in Federal politics. Some of the Opposition propose the formation of a Liberal Alliance, which shall have for its policy the Labour party's views, minus its pledge and its avowed socialism. The reopening of the tariff question is to be one or its important, features. The intriguers hope to attract. Mr. Deakin as leader, as Mr. Isaacs is not considered to carry sufficient weight lor the position. FALL IN REVENUE. Melbourne, May 2. 'The Commonwealth's revenue returns for 10 months show a decrease of £377,000. 1& seems likely that the Treasurer's estimate for the year" will not be reached by £100,000. The decrease is mainly in spirits, narcotics, sugar, and metals. (.Rewired May 3, 1.7 s.m.) Melbourne, May 2. 'The Federal Treasurer has issued a finan- ■ cial statement in which he amends his .estimates of revenue. The revenue for the year, he estimates at £11,312,000. instead of £11,570,000, and the surplus returnable to the States, he stales, at £6,986,000, instead of £7,139.000.
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Bibliographic details
New Zealand Herald, Volume XLII, Issue 12856, 3 May 1905, Page 5
Word Count
186
AUSTRALIAN NEWS.
New Zealand Herald, Volume XLII, Issue 12856, 3 May 1905, Page 5
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