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Updated: May 10, 2025
At the close of 1891, the amount deposited was L71,608,002, and growing at the average rate of over L4,000,000 annually. Mr. Gladstone's financial measures for 1862, while not involving such momentous issues as those of the preceding year, nevertheless encountered considerable opposition. The budget was a stationary one, with no surplus, no new taxes, no remission of taxes, no heavier burdens.
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