AUSTRALIAN CABLE

Timaru Herald, Volume LXIV, Issue 3625, 24 August 1901, Page 2

AUSTRALIAN CABLE

United Press Association—Per Electric Telegraph—Copyright. Received 9.58 a.m., August 23rd. OLD AGE PENSIONS. SYDNEY, August 23. About claims have been received for old age pensions, and upwards of 14,000 have already been granted. ROUGH WEATHER. Arriving vessels report very rough weather. CHARGE WITHDRAWN. Tiudgeon was presented at the Police Court on a charge of horse-stealing, but on the application of the police, this charge | was withdrawn, pending accused's trial on j another charge. OBITUARY. Mr W. Forrester, a well known racing owner and trainer. THE ZEALANDIA. Arrived—Zealandia. THE SOUTH AUSTRALIAN BUDGET. ADELAIDE, August 2.1 In the Assembly, the Treasurer delivered the Budget Speech. The revenue for last year was stated to be £2,824,000, and the expenditure £2,846,000, leaving a deficit

of £16,859. The revenue for the current year is estimated at £2,585,000, includiug £612,000 to be returned by the Commonwealth. The expenditure is estimated at £2,579,000, and the Treasurer expects the year to end with a surplus of a little over £6OOO. Li the Budget the Treasurer considered it safe to look for seven bushels return for the harvest. During the last four "years there had been a steady increase from producing sources, and but for the and royal visit expenditure, they would have had a large surplus. He expressed a fear that Federation would prove much more expensive than had been anticipated. STBUCK BY A SWORDFISH. The schooner Rotuma has arrived, leaking badly, caused by the sword of a swordfish penetrating her timbers. FINANCIAL. BRISBANE, August 23. In the Assembly, the Treasurer's proposal to issue treasury bills to cover the £530,000 deficit was carried. Received 1.3 a.m., August 24th. SENSATION TN RAILWAY CIRCLES. PERTH, August 23. A_ sensation has been caused here by the Cabinet, after a lengthy investigation into matters in the Railway Department, and adverse reports by the general manager, John Davies, against G. W. Davies, who was recently appointed secretary to the Commissioner of Railways, deciding to suspend both John and 6. W. Davies.-