NOTHING NEW UNDER THE SUN (ALMOST)
6th December, 1923 : Tasmania has appealed to the Federal Government to help it out of its deep financial malaise, by granting it a subsidy to the tune of £200,000 a year for ten years. The Premier, Joseph Lyons, told the acting Prime Minister, Earle Page, that the State’s deficit would rise to £1,000,000 this year. Lyons, who has the backing of several Federal MPs, said Tasmania had been unable to recover quickly from the depression. The Government planned to increase tax by 10/- a head to raise another £110,000 in revenue, but the subsidy was necessary if the State were to carry on successfully.