Part 2 — CHAPTER V.
Reading edition
CHAPTER V.
PUBLIC FINANCE (1898-1903).
The Philp Ministry.—Large Surplus.—Loan Acts for Seven and a-half Millions Sterling.—Drought Disasters and Sacrifices for Federation.—Accumulated Revenue Deficits of over £1,000,000.—Rebuff on London Stock Exchange.—Resignation of Philp Ministry 46-48