THE FEDERAL BUDGET.

Taranaki Daily News, Volume LII, Issue 173, 14 August 1909, Page 2

THE FEDERAL BUDGET.

PRESS CRITICISM. By Cable.—Press Association.—Copyright Sydney, August IS. The Sydney Morning lleruld deals warily with tile difficult financial sitimtion. It says there is jio proposal for extra taxation, but that may conic Inter. The Treasurer could have balanced his estimates by a tax on tea or by tlio issue of Treasury bills. The loan policy may bo said to have been inaugurated. The. Budget is but the preliminary to n larger Budget which the Treasurer said will depend on the Premier's Conference.

The Sydney Daily Telegraph says the Budget contains matter for some very .hard thinking hy both the Federal Legislature and the Legislatures of the States. Much will depend on how the readjustments of the linancial relations between the States and Commonwealth ure. viewed by the Premiers' Conference.

VOTE FOR WIRELESS TELEGRAPHY.

Melbourne, August 13.' The expenses of the Federal Governnieiit in entertaining the American fleet amounted to £3),4UV.

Hie Commonwealth's share of the cstiranted loss for the current year of tho Pacific cable i$ t20,U00.

A sum of £IO,OOO i s to be provided for establishing wireless telegraphy stations.

Received 13, 11.55 p.m. Melbourne, Augimt 13. The House of llcpresenta lives, after a short discussion of the Budget adjourned the debate to the 25th" to enable Mr. Dentin to attend the Premiers' Conference.

The Senate similarly adjourned.