" Dollar-Prosperity " In
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N. Caledonia
From Our Ovfn Correspondent
Noumea, Dec. 9.
rE New Caledonian Budget for 1944 has reached an all-time high with a total of 101,500,000 francs—an increase of 23,197,000 francs on 1943 figures. The Administrative Council is at present in session, deliberating on matters concerned with the Budget.
Treasury reports a favourable reserve of 20 million francs—a hundred per cent, increase on the reserve for 1942.
At the same time the Noumea Municipal Council has voted for a Budget of 5,270,000 francs, an increase of over a million francs on the current year. Major in crease in revenue is expected from mari time dues, which are estimated to bring in 21 million francs. Chief expenditure will be 300,000 francs towards education, 230,000 for transport and upkeep, 230,000 for public works, and 2,181,000 francs for wages of Municipal employees.