COLONIAL FINANCE.
COMMENT BY THE -PRESS;. ; Preee Association-By Telegraph-Copyright LONDON, November 4. The "-Economist," in commenting upon the Victorian Budget; says that the revenue is deliberately-, underestimated in order to show;,a;'..large, surplus, which was expended on purposes which ought to have been provided! for. Any treasurer, it • says, is .ablest©,- -.doggie'.the . ; public by means of defo.ired expenditure. Budgets. The " Economist" says that, the Commonwealth .wanta-to shunt eld,. worn cur-: rent silver at its .face ■ value in oi'&r-'to make the. -profit ..mora '. equitable,' but the 'London- mint will ' accept the. coin merely at its bullion value! The ispecial Australian silver: coinage will have to be quite distinct, and only allowed as legal tender within Australia:
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Bibliographic details
Timaru Herald, Volume XIC, Issue 13435, 6 November 1907, Page 5
Word Count
114COLONIAL FINANCE. Timaru Herald, Volume XIC, Issue 13435, 6 November 1907, Page 5
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