Our First Half Century a Review of Queensland Progress Based Upon Official Inf
Our First Half Century a Review of Queensland Progress Based Upon Official Inf
Queensland
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At the end of the first quarter-century the public debt amounted to 16, 570, 850, exclusive of Government Savings Bank and Treasury bills obligations. In the first decade of the second quarter it had almost doubled, standing at the end of 1894 at 30, 639, 534. By the end of 1900 there had been a further increase of nearly 5 millions, and on 30th June, 1009, it stood at 41, 568, 827, or at the rate of 74 per head of the estimated population. But the railway net earnings alone of the last two fin...ancial years (1907-8 and 1908-9) have provided a mean sum of 884, 616 per annum towards the interest charge. LAND STATISTICS. In 1860 there were 108, 870 acres of land alienated in Queensland. In 1872 the area exceeded I million acres, the first quarter-century closing in 1884 with over 7 million acres. The lo-million-acre limit was passed in 1890, and the i5-million-acre limit in 1908, when the total area alienated was 15, 108, 439 acres. The cash received at the Treasury from land sales up to the close of 1884 was over 424 millions, and at the close of 1908 exceeded 8 l /2 millions sterling.
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