THE FEDERAL REVENUE.
The Treasurer's Miscalculation.
Falling Off in Revenue and Increase in Expenditure.
Press Association.— -Telegraph.— Copyr.ght Received January 30, 19.38 a.m. MELBOURNE, January 30. Sir George Turner estimated the falling off in the Federal revenue for the year at .£39,000. The first six months shows a fall of .£186,000. It is expected in the second half there will be a decrease of .£400,000. He estimates .the increased expenditure at .£418,000, whereas the first six months shows an increase of .£464,000, including .£130,000 for the naval agreement and .£90,000 election and sugar bounties. Leaving out the naval expenditure, he expects his estimate will not be largely exceeded.
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https://paperspast.natlib.govt.nz/newspapers/WH19040130.2.28
Bibliographic details
Wanganui Herald, Volume XXXVIII, Issue 11167, 30 January 1904, Page 5
Word Count
108THE FEDERAL REVENUE. Wanganui Herald, Volume XXXVIII, Issue 11167, 30 January 1904, Page 5
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