toral rents due in March; Arid th'erri is the usual betterment of tho last quarter of the year. Tho question is, will these things increase the revenue for tho quarter byX299,000? Thoy mhy riot; we will not be rash enough to prophesy. But the margin above slioWn |in favour of tho Treasurer’s estimate is X 56.000, and the votes for expenditure may not all be expended. In the face of all of whioh it ia idle to talk of a deficit of «• quitter Of a million. Another way of making a forecast gives I very similar results, as follows REVENUE, : As per March quarter, 1884 ... X 1,295,000 Less one-fo’ri'rth of X133,00D , ... 33,000 X 1,202,000 EXPENDITURE. As per March quarter, 1894 ... XBBO,OOO Balance from December, 1894 ... 84,000 j Public Works Account ... ... 200,000 1,194,000 Balance... ... 98,000 XI ,202,000 There is another fact to bo considered. The June quarter’s reVentYS ‘of tho present year was X 38.009 below the corresponding quarter «f 1893 j tho September quarter ■of 1894, bettered tho corresponding quarter of 1893 by X2i1.006 : ; arid five December quarter of 1894 Was Worse than the corresponding ’quarter of 1893 by X 289.000. There Vs no reason in these facts to fear for tho results of the March quarter'of 1895. To alarm tho country with a positive prediction of a deficit UI. a quarter of a million is. In View of all the circumstances bf the case, a piece of inconsiderate rashness to be much deplored.
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Bibliographic details
New Zealand Times, Volume LVII, Issue 2414, 21 January 1895, Page 2
Word Count
244Untitled New Zealand Times, Volume LVII, Issue 2414, 21 January 1895, Page 2
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