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INTERCOLONIAL.          

VICTORIA.          

THE FINANCIAL POLICY OF THE  

GOVERNMENT.    

MR. GILLIES' BUDGET SPEECH.

[FROM OUR CORRESPONDENT.]

     

MELBOURNE, August 1.        

In'the House of Asssmbly,.la«V eight, Mr. ÍGúhts delivered his financial statement. He aaidr that the expenditure for the year waa 4Í0ÍS48,883, which left a1 créaitfbelan« of '4465,747. If he bad pursued the prenons

year's ooarae he could have shewn a balance of nearly '¿900,000 He estimated the re- ceipts for the comme; year at 49,718,971 and the expenditure at 49,651,971 He estimated the railway defioit for next year at 4160,412 He proposed to convert the unredeemed 6 per cant, debentures inte 3} per cento. The Supply Bill was passed

THE PBEIf 1ER PERMANENT BUILDING

SOCIElT'PROSECUrtON.

r [Bx TBLBOBAU ]

(FBOM ona COBBXSPONDBHT)

" J'P y ' * MlLBOÜBNB, AogUst 1

The Premier Permanent Bnildrag Society prosecution wasJ continued to-day. Mr. Gaunson cross-examined Colonel Templeton, ínsinaatlng that the* Colonel waa taking pro. eeedrage against Messrs Nimmo A Dow, because they belonged to the Ministry whioh insisted on bim retiring from the Publie Ser

vioaBoírd The enquiry was again adjourned.

BRAVERY RECOGNISED;.

[BT TBLBOBAPH.1

_ '? ¡ .

(FBOM ona COBBEBFONDBNT )

MBLBOUBNX, August 1.

The underwriters have presented Mrs Meinders, widow of the Captain of the

sohooner Jsfcannay^with a gqjdçwatoh and. *fjy sovereigns ferber heroiqaenduot, and. have presented Hermann Heigin, cEief officer ef the schooner, with 425 for the ooursge and endnranee displayed by him in bringing the vessel to port aftermost Of the company

had died from fever

THE UNEMPLOYED AGITATION.

[BT JTBLXOBAPH ]_

(FBOMÍona|CdBBÍ8POBB«irr); /'

MBLBOUBNX, August 1

To-day the unemployed interviewed the .Chief Justice, who said that he wa» in favour 'of a sensible scheme of relief They also interviewed the President of the Board ( ¿f Health, who promised to bring about the demolition of nnhealtby buildings

THE BROKEN CABLES.

x ? ' [BT>TBLXOBAf H ] J '

(FROM OUR CORRESPO'NDENT)  

MELBOURNE, August 1.  

The Cable Company's repairing' steamer

Sherrard Osborne restored the 1871 cable on Wedneaday evening, by laying 5½ knota of new cable. She expects to restore eommuni- cations on the Roebuck Bay line on Friday.  

THE FROZEN MEAT TRADE. [BY TELEOGRAPH]    

(FBOX ODB COBBI8POKDXNT )

MQ&i^^£SSSts^sU[

at Scott'» Hotel, to-day, to promote the object, of toe Company being formed m Queensland to undertake the exportation of f rosen meat.

       

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