✨ Provincial Financial Report
obviate this difficulty (which practically is not of the slightest importance, for your financial position,--both as regards revenue and expenditure, as you will see by referring to the audited accounts-- was almost precisely the same on the first of this month as it was on the 1st of January) I propose submitting to you two Appropriation Bills--one covering the actual expenditure of the last three months already sanctioned, and the other for the year commencing the 1st of April and ending the 31st March next.
With regard to the means of meeting the large expenditure proposed, I apprehend you will see no difficulty. On the 1st of January (and it is the same now) the balance in the hands of the Treasurer was £17,605; balance due on account of reserved sixths, £2,881; balance to the credit of the Province in England, £3,925; interest due from Hawke’s Bay, £2,500; I estimate the 3-8ths gross customs at £14,500; licenses, (auctioneers’ and publicans’,) at £1,900; pilotage, £500; assessment on sheep, £250; Hospital and Lunatic Asylums (subsistence money), £250; Incidental Receipts, £100; Immigrants’ Promissory Notes, £2,000; Rates on land and contributions for grants in aid, £2,000; pasture licenses and rents, £1,000; Land sales, £25,000; proceeds of reclaimed land, £6,000; refund of reserved sixths, £4,000; making the total receipts, £84,361, to cover an estimated expenditure of £91,880, exclusive of any liability on account of the Ann Wilson’s immigrants, and of additions that may possibly be made to the estimates before they are finally passed.
This apparent excess of expenditure over income has already been explained by the intimation that £26,000 of it is to be provided by loan.
Having thus explained to you the present position of the Province, and brought before you the matters which appear to me of the most importance, it simply remains for me to assure you of my readiness to co-operate with you in any other measures you may deem calculated to promote its interests, and to express my earnest hope that, recognising, as I believe we all do, the critical period through which we have passed--the imminent dangers we have escaped--and the brighter prospects opening before us--we may not forget how much the ultimate success of that wise and pacific policy, in which we are all so deeply interested, and which, in spite of the predictions of disappointed men and the sinister influences of unseen opponents, is steadily making its way--depends upon the Provincial Councils and Governments of this Island, not merely giving to it a passive, lukewarm, and lifeless adherence,--but upon their availing themselves of every possible opportunity to declare their approval of it, and their determination to give it their cordial and active support.
I. E. FEATHERSTON,
SUPERINTENDENT.
Printed under the Authority of the Government of the Province of Wellington by Thomas McKenzie and James Muir, Printers for the time being to such Government.
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Wellington Provincial Gazette 1862, No 12
✨ LLM interpretation of page content
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Speech of the Superintendent of Wellington to the Provincial Council
(continued from previous page)
🏛️ Governance & Central Administration25 April 1862
Provincial Council, Financial Report, Budget, Revenue, Expenditure, Loan
- I. E. Featherston, Superintendent