The Victorian Budget.
_ m [Sficial to Pbksb Assooiation.J MELBOURNE, August 2. The Argus, commenting on the Financial Statement, says : " Both as regards exports and economy the colony ia emphatically on the right track. The Treasurer's statement shows that we can lire within our present income, and Bave ; and that oar resources are unimpaired and developing. The Budget should do muoh to strengthen the returning spirit of hope and enterprise, for the people instinctively feel that if the Government has well turned the corner, bo has the community also. For many years Victoria has been a stranger to so cheerful a statement." The Age sayß the railways remain as the one financial blot. But for the deficiency on them, the year would have ended with a surplus of over but if the railway receipts are the lowest on record, so are the expenses, and any Bort of recovery in the rate of earnings would give a magnificent profit provided that the management is maintained on the present scale of expenditure. On the whole, the Budget is the best story told by the colony for the past five years.
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Bibliographic details
Star (Christchurch), Issue 5326, 2 August 1895, Page 3
Word Count
187The Victorian Budget. Star (Christchurch), Issue 5326, 2 August 1895, Page 3
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