London, Mar. 31.
Capetown, Mar, 20, A deficit of £1,212,000 on the 1930°21 was revealed Havenga, Finance introducing the bud-
The financial year ended to-day with a deficit of £23,275.000 instead zet in the House of Assembly here of a surplus of £2,236,000 for which Mr. Philip Snowden, Chancellor of He told the House that additional the Exchequer, budgeted last Apri revenue from the proposals contain~'
rene for, thee year amounted "an expenditure Was ed in the budget he was presenting cremated at $2100.00,"
The ad-|Suty of Rew measures include an additional vermis, represents the biggest ad- igs, linoleum, ten per cent, on carpets, spoons, sao ne shee cated Maseh {0TKS, crockery and glassware, and fan all-round increase" of five 31, 1927 when the deficit was £36, jeent. on cotton piece goods, retaining the British preferential tari' of been met by borrowings and part, ive per cent, on the cheaper classes of piece goods. of the deficit is artificial inasmuch as it is offset by an excess payment, Silk piece goods revert to 15 per of £11,430,000 to the sinking fund. cent. but cotton goods for Thus the real deficiency ix £11,845, facturing purposes will continue to 000.
Souter, enjoy a rebate, New daties of 20 per cent, ad Jcount of the work of the conference rslotem are toe imposed on radio sets and apparatus while the duty at Rome, an article was inserted /of three-pence a gallon on motor which designates the London meet-is to be doubled, Postage ing as a committee meeting of the to increased and it will now be Rome conference. The Canadian two-pence an ounce both locally and Commissioner objected to. this but] overseas witha penny for each addi~ article remained Through Reuter, tional ounce. All these duties come. into force from to-day.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.