DOMINION BALANCE-SHEET

Taranaki Daily News, Volume LII, Issue 388, 13 May 1910, Page 5

DOMINION BALANCE-SHEET

FOR THE PAST YEAR. I A HEALTHY POSITION. By Telegraph—Press Association. Wellington, Last Night. Following .are particulars of the Dominion's revenue and expenditure rov the year ended March 1010 and l»09 respectively:— REVENUE. Customs 1910, £2,071,121; 1909, £2,801,248. Railways, 1910, £3,258,263; 1909, £2,918,507. Stamps (including Post and Telegraph receipts), 1910, £1,537,352; 1909,£ l- , Land tax: 1910, £042,270; 1909, £004,901. Income tax: 1910, £316,835; 1909, £321,044. Beer duty: 1910, £115,309; 1909, £116,214. Registration and other fees: 1910 £88,305; 1909, £117,001. Marine: 1910, £42,918; 1909, £43,815. Miscellaneous: 1910, £290,099; 1909, £204,210. Territorial revenue: 1910, £202,587; 1909, £22,285. Endowment revenue: 1910, £67,142; 1909, nil. Totals: 1910, £9.238,261; 1909, £9,001,185. EXPENDITURE. Permanent appropriations, civil list: 1910, £33,730; 1909, £33,953. Interest and sinking fund: 1910, £2,397,461; 1909, £2,258,365. Under special Acts: 1910, £452,491; 1909, £369,838. Subsidies to local bodies: 1910, £94,208; 1909, £95,061. Territorial revenue: 1910, £36,400; 1909, £38,623. Endowments: 1910, £158,066; 1909, £77,658. Old age pensions: 1910, €343,053; 1909, £336,532. Totals: 1910, £3,514,409; 1909, £3,210,030. ANNUAL APPROPRIATIONS.Legislative: 1910, £28,634; 1909, £29,281. Department of Finance: 1910, £73,757; 1909, £96,457. Post and Telegraph Departments: 1910, £855,862; 1909, £814,636. Working railways: 1910, £2,168,189; 1909, £2,120,308. Public buildings, domains and maintenance of roads: 1910, £86,729; 1909, '£85.596. Native Department: 1910, £18,874; 1909, £30,840. Mines Department: 1910, £24,704; 1909, £31,457. Department of Internal Affairs: 1910, £256,406; 1909, £344,566. Defence Department: 1910, £190,347; 1009, £195.085. Customs, Marine and Harbors, and In* section of Machinery Departments: 1910, £122,782; 1909, £31,321. Department of Labor: 1910, £24,212; 1909, £30,277. Depavtment of Lands and Survey: 1910. £205,508; 1909, £232.107. Devmrtment of Agriculture,- Commerce and Tourists: 19J0, £189.914; 1909, £219.090. Education Department: 1910, £862,846; 1909, £484.234. Services not 'provided for: 1910, £lO,946; 1909, £848,234. Totals: 1910, €5,476,513: 1909, £5,575.483. Grand totals: 1910, £8,990,922; 1909, £8,785,513. NET RESULTS. Excess of receipts over expenditure i for 1909-10, £247,995. Balance forward from previous year. £184,321. Total balance March "31. 1910, £432,316. PRIME MINISTER'S VIEWS.

The Prime Minister, Sir Joseph Ward, in an interview with a N.Z. Times' representative, stated that a saving of £210,000 had been effected on the annual appropriations. There had been an increase of £89,100 on the working Railway and Post and Telegraph account, due entirely to the greater volume of business transacted necessitating,, o t course, increased expenditure to cope with it. Though the Post and Telegraph Department's figures, coupled as they were with the sale of stamps, indicated a reduced revenue for the year, the figures for the Department's workins: showed an excess of £40,000 in revenue compared with tJie previous yearly period. The Customs increase was not unexpected, in view of the remissions at the rate of £405,000 per annum made by the tariff of 1008, and the fact that the imports last year went down considerably. "The gratifying fact remains," said Sir Joseph, ".that the revenue of .all departments has increased by £237,076. It will be found, on examining the expenditure, that in eleven departments there is a decrease against the preceding year of £210,233. while the increase in five departments tota'ls £111,253. If you deduct the increase from the decreases you will find that the net annual saving on actual appropriations is £08,000." LAST QUARTER'S STATEMENT. Wellington, Last Night. A statement of the receipts and expenditure of the Consolidated Fund for the, quarter ended 31st March, 1010 and 190!) respectively, appears in the Gazette to-night. The receipts were £2,906,537, as against £3,282.807 in 1009, whilst the expenditure was £2,906,537. as against £3,282.897 in 1909.