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Star (Christchurch), Issue 6553, 2 August 1899, Page 4

The Quintessence of Cinsunon has long been recognised as having a powerful influenceover the bacilli of consumption and typhoid, and further experiments resulted in the perfecting of an actual remedy for consumption. This is Townend'B Celebrated Cinnamon Cora.--4LI oU«aaiat6,- a» 6flU

I cani assure honourable members- that great care has been taken in the preparation, of i the Estimates, so as to secure thfi Utmost i economy, and very few increases have been allowed on salaries of £200 and upwards, except such as are governed and allowed by the Classification Acts. Speaking of these Acts, I may. mention that the classij fication of the Postal and Telegrapffi and i Working Railways Departments has resulted in increases 'to salaries to the amount of between £16,000 and £18,000. It is, of course, abundantly clear that our annual expenditure is rapidly growing, and has al- . ready assumed large proportions in com- ! parison with our population, but it must at ; the same time be remembered that this popu- j lation is very widely scattered, and there are so many large centres all requiring up-to-date conveniences which cannot be supplied without, cost to the taxpayers. We must, bheref ore, be prepared to see increase and diffusion of population go hand-in-hand with increased expenditure, and we should not complain as long as there is every evidence that this expenditure is being wisely and economically made, and that taxation does not unduly press upon those least able to bear it. * Turning now to our ways and means for the year, I find that, after a- very careful estimate, I am able, to set down, our receipts from all sources at £5,300,000, or £59,272 more than was received last year. The principal increases are derived from the Customs, £15,000 ; stamps, £20,000 ; railways, nearly £10,000 (the increase under this ' head would have been ait least £50,000, but concessions have been made on previous rates amounting to £40,000; thus leaving the estimated increase only £10,000), and miscella.neonis £62,000. I may as well explain that this last increase arises from a. " windfall " in the shape of the recoupment of interest paid on loans raised for the purpose of purchasing estates under the Land for Settlements Acts, and which is only now being charged against the separate account. I have placed the re- ! venue from the land and income, tax for the present year at £8500 less. than the. receipts of last year. In doing this lam guided by i the fact that the land tax on several large ? estates recently purchased by the Governi ment will not. be received, in addition to ■ which it has been found that the mortgage tax on the common fund of the Public Trust I Office is not payable. Further, from other causes which need not be specified, I do not anticipate that the income tax will exceed that of last year. With regard to the nwrt- | gage tax" on the Public Trust Office common i fund mortgages it may be stated that as the profits of the office reach the Consolidated Fund ultimately, the revenue as a whole does not suffer. The territorial revenue is estimated to fall short of kst years receipts to the amount of nearly £36,000, and ] the marine -revenue to the extent of some j £1500. ESTIMATED RESULT AT THE END OF 1899-1900. £ £ ' Balance to begin the year with 495,861 Less transfer to the Public Works Fund . 450,000 . • 45,b0l Expenditure during current year ■ o,\ios,i£s> Revenue and other receipts . 6,300,000 Excess of revenue . . 240,271 Estimated balance. on n^,^ March 31, 1900 . • £286,132 These figures are subject, of course, to provision being made .for tie usual supplementary estimates, and the contingent; provision required in respect to opening up markets for our products, f improved mail services and the Pacific cable and other contingent liabilities. As previously stated, the utmost care and economy have been observed in preparing the Estimates, and if efficiency in the Public "Service is to be maintained and the conveniences and growing requirements of the people are to foe provided for, no con T sideraible reduction can be effected. Adv justanen-t <*f taxation annst, therefore, be the order of the day. The form of such adjustment will depend upon the result of the investigations that are -to be made, and it will be for the next Parliament to determine whether any material alterations in the system or .reduction of taxa'taon is to be effected. ADDITIONAL FUNDS. I have already mentioned tahat the ways and means of tine Public Works Fund for the current year are nob likely to <be sufficient to meet the normal expenditure required to keep pace with the legitimate .demands made in every direction to provide for the opening up 01 new country, a.nd to give access to land settlements. In addition to this, we cannot allow the completion of our arterial and greatly wanted railways to lag behind, and, further, my colleague, the Minister of Railways, daily presses upon me the necessity for finding money for additional rolling stock to properly equip the lines in order to meet tihe requirements of our producers and to enable the result of t/heir industry to be carried to an early market. Our policy, hitherto, has been one of progress, and we must snot now hesitate to continue on the same lines. There must be no going backwards. At the same time, it is apparent to everyone tfhait, in order to push on settlement successfully, we must be equipped . with those Sturdy weapons, " £ s d," and i ; fc goes without, saying that additional funds are required. After very careful consideration of our present wante, and also taking into ; account tShat our expenditure miist be pro- ! vided for up to at least tihe end of next ) financial year, I am of opinion tihait it will I be necessary to ask Parliament to authorise tihe issue, of a further loam of one million, , and the following indicates what is con- | si'dered by the Government a fair allocai tion: — Additions to Open Lines. — Ifc is wellknown in respect to our railways that additional foiling stock is required, also that if some of ithe lines are to be improved, and if speed and economy are to be possible, relaying with heavy rails and the building of new bridges must be done. New stations are required, and i the comfort of those travelling second class j has a right to be considerd, and this can-