Article image
Article image
Article image
Article image

FEDERAL POLITICS.

USE OF TRUST FUNDS. Press -AssociatioD-Bv Telecraph-Copvrigln MELBOURNE, July' 2. Several members questioned the legality of Mr Fisher using trust- moneys even temporarily to meet the deficit. Mr Fisher, in reply, said the Government thought it better to use funds actually in its possession i>r. ,: oyrrow money and pay interest 0:1 ;v. SYDNEY, .T, ; ; y -2. The State Premiers are surprised nt Mr Fishers action in delaying the return of June moneys. The Victorian Treasurer states that he is not averse to helping the Commonwealth out of a difficulty, although, it would somewhat complicate the. State finances.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19100704.2.27

Bibliographic details

Timaru Herald, Volume XIIIC, Issue 14239, 4 July 1910, Page 5

Word Count
99

FEDERAL POLITICS. Timaru Herald, Volume XIIIC, Issue 14239, 4 July 1910, Page 5

FEDERAL POLITICS. Timaru Herald, Volume XIIIC, Issue 14239, 4 July 1910, Page 5