THE GOVERNMENT POLICY.

Star (Christchurch), Issue 97, 4 September 1868, Page 2

THE GOVERNMENT POLICY.

The following is the full text of the resolutions proposed by Mr Hall at the con elusion of his Budget speech: — 1. That in order to simplify the relations between the Colonial and Provincial Governments, to remove uncertainty from Provincial finance, and to facilitate the ultimate reduction of taxation, it is expedient that the system of Provincial charges on the general revenue be ab. dished, that the consolidated fund be at the disposal of the General Assembly, and be charged generally with the interest and sinking fund'on the Colonial and Provin cial loans, and with the expenses of the Colonial Government, including the main tenance of the harbour establishments. 2. That in order to equalise the effect of the above churge, ns between the several provinces, a sum of out of the proceeds of the accrued sinking, funds realised by the operation of the Consolidated Loan Act, be paid to the Province of Nelson, and an annual sum of £12,000 be deducted from the territorial revenue of the Province of Southland in aid of the consolidated fund, until the repayment of tbe consolidated loan shall be effected. 3. That annual a* pr priations in proportion to population be made to the several provinces and other divisions of the colony for the maintenance of gaols and police. 4. That the above arrangements be brought into operation on the Ist January, 1869 • and that leave be given to bring in a Bill for giving effect to these resolutions.