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Canafrra July 9.Wli.'ii ihc Rult;llt;r**t is brought i down in Hi** 11t»f K Trn ntivos tomorrow tin* Treasurer Mr. Tli»*n«bnO is lt;--xp—fi~l l.»ho sJiOW ,hal the Commonwealth will budget for a deficit for 1931-32 of ho t5.000.ooo. which. If the Hoover plan urj concession* of £3.000 ooo art- induceddl*_ will be rrdur.d to £2.000.000, ay* I Or. the ba** of the expenditure cuts kin !nvo5v?rt Sn -h*' Premie**' plan. Mr in* T^eolt;loir originally expected to budge* cn for a deficit of about £4.500 000 for tin*' new financial year, but 1: wa* indicated tonight that this figure win b.- about £5.000.000.ill aun nl££%«aBun'' tio 001 toc-’ude the £3.000.000 Ban to Com-non wealthfinaiue= to accrue as a result of the a,. Hoover pl.ui. which was announied too lay late tor ci.in*;deraUon iu *hc H.idqe: ran •*■***.No surprise* are expected in the Budget speech, which wUI disclose all-rc/.md cuts in Ciovcmnwnt and de.urtmental Je ex;*er.di-ure tot.il’itis £8 520 000 Th:*«?! ni-rn £2,raprl‘ of about..a £. 4(0 000 on inttrest, as a result of the a.r. convvrslon operation; £3.350 000 in in-luh va.id, old age and war pension.' and er- maternity allowances; £1700 000 from er- :ne 20 per cent Federal salary cut;and another £1000 000 on ger.c* it de-■ P?.riTf.r,;i1 expenditure including mg 1400 000 In d. fence and £250.000 Trom ea- the jmst oftl-c.a'* The sale* tax will be Increased from ixxl 2i per cent to 5 per cent to bring :n a further Cl.000.000 Primaac dutvtry will go up from 4 per eer.:. u 10 plt;r me. cent and from this an extra £2.400.000 i Is ) is expec ed.Increased Income lax proposals aim to bring In a further £1 500.000 La»t Year’s DeficitA deficit of approximately £11 700 000 for the financial vear 1930-31 will be shown !r. the Budget.Mr. Theodor indicated a month ago that the adverse balance on the vcar would be more than £13.000 000. but It , was stated tonleht that a remarkable last-minute improvement has been brought about hv ncelpi of late taxa tion returns and *hat. as a result, the , deficit will be con/iderably reduced.Profeaaor's Interest ArousedAbout the middle of last January Professor Kerr Grant, of the Untver-MUDGEE MAII ROBBERYStory By Man Who Took PartEVIDENCE AT TRIALTOTAL AREAN'7 ^MRIU \ CRATERi MiLEOQU'lUW*6 ■ WATTRcumll.irl' ri large crat- rs blast 1 into the face of Jie earthof years ;igu by a huge mete .rite, which if it wwi* tc Fall in tin* vi. nity of A (Haul-* to.Iny would dostrny the whole metropolitan area. hnve l-vn Ideated in Centra! AnstraJia. Thn-e of them an larger than the higgoat crater made by he meteorif.. fell in northern Silvern 23 yean ago. and devastated litmdrvds of s«jinrit mil* *f fop«t land.The largest is sj*eond only in s:/-* to the world famous ersW in Canyon Iinbl«», Arizona. U.S.A.1931.5 ACCOUNTS MAY BE£2,000,000 SHORTHUGE METEORITE INCENTRAL AUSTRALIAIs Budget For 1931-2 SPEECH TODAYScientists Excited by Discovery of CratersSECOND LARGEST IX WORLDNational Reserve Suggestedtadyears ago. land, world famous erwSrirntiit« visitor! the eratrr* In Central Australia to MaT m»d (to THme Xlinistrr iMr. Srullini ha* been asked to declare J*li ar ~ ■ serve to prrvent visitors spoiling the aite. SrlenUata frn-versity will probably visit the locality soon *Unlike the Arizona meteorite. which, apparently, fell practically intact and made but a single cra’er. the Siberian and Central AuMritilan one.', appear if* have split up in hurtling through the*ir. making a eerie* of era ten- whererhev ft ruck the earth Tlie Central Australian craters. It was stated a: a meting ofthe Royal Society last night by Mr.A. R Alderman, vary in size from ! 220 yard.*. U 10 yards across Scat-; tered over the surrounding country are more than 800 meteorite fragments, ranging in weight from a few ounce* to 50 lb. These conrLst mainly of metallic iron and nickel The craters are about seven miles we**-south-west of Henburv cattle station. on the Ftnke River, and are known locally as the Double Punch Bowl.Thousand, of Ym OldNo attempt has been mma* tomine the age of the craters but iliTi.thing points to them beS ol vein old. -| Thi;. assumption is sunpcrt*! kv ito for: that the aborigines In U» have r.o legends or stork* the place, nor do they larly interested In It.Another Indication of the in «f t£» craters is the fact that many at smaller fragments of wwan**- (sun thrown oft br the meteorite, struck the earth, have oxidised and have dlatnt Iron oxide.The 800 meteorite located by Mr. found mainly on the sides of the craters, which that the meteorite came from When the various parttone struck earth, thousands ofeki Hr far t r -I
Newspaper Details
Adelaide Advertiser and Register
Adelaide, South Australia, AU
Fri, Jul 10, 1931
Page 11
Full Page
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Anonymous
USA 04 Oct 2022
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