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ADELAIDE.

August 7. The Treasurer's budget shows the deficiency of expenditure over revenue to be made up by stamp and succession duties ; also a tax on banking companies, in the form of a yearly composition of £2 for'every £100 worth of the average annual amount of unstamped notes issued, and a tax of 6d in the pound on dividends payable by public companies. It is proposed to borrow two and a-half millions and to;spend £600,000 this year. } J 2,000 immigrants are expected to arrive by Christmas. . , ;

Eleven lines of railways are proposed; in all 519 miles, costing £1,900,000, being at the rate of £4,000 a-mile.

The secular clause in the Education Act was carried in the Assembly.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS18750816.2.10.7

Bibliographic details

Thames Star, Volume VII, Issue 2064, 16 August 1875, Page 2

Word Count
117

ADELAIDE. Thames Star, Volume VII, Issue 2064, 16 August 1875, Page 2

ADELAIDE. Thames Star, Volume VII, Issue 2064, 16 August 1875, Page 2