CO129-226 - Acting Governor Marsh - 1886 [4-5] — Page 116

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of Sixty thousand three hundred £61375. and cleventy-five pounds sterling

for Military Defences, the Amance

C

Committee to whom in due

course the question requested to

Avere

roas

referred,

to consider at

the same time what were

best

Incan J

the

for meeting the_

interest and sinking fund

the loan which would have to be raised. The Finance Committee

unanimously reported to the

Connail that "the best means

of doing

so would be chiefly by

an increase of the Stamp Duty: A resolution to that effect

was

subsequently moved, and adopted unanimously by the Legislative Corneil, and a Draft Stamp Bill

was

thereupon introduced with the the existing

object of increasing

rates.

の

The principle of

this

Bill was supported by the Honourable Messt! Ryrie, Jackson,

and Keswick, who all agreed that if extra taxation were necessary it was better to increase the Stamp

dutie