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Budget presented to House outlines 1913 revenue and debt
The Finance Minister James Allen released a comprehensive Budget showing 1912-13 revenue at £11,734,022 with excess over estimate of £785,618 and Public Works Fund totals of £8,374,971. It notes gross public debt at £96,060,763, net debt £87,457,121, and plans for increased land and income tax, railway and land settlement programs, and a £1,750,060 loan to London for public works while stressing self reliance.
MENTIONED IN THIS ARTICLE
House of Representatives
James Allen
Eees
Public Works Fund
Treasury
Gresa
Dominion
New Zealand
Canterbury
Public Service Superannuation Fund
Mines Department
State Tire Office
War Office
Ne Y
Imperial Navy
London