DOMINION'S PART.

Taranaki Daily News, 6 November 1916, Page 5

DOMINION'S PART.

INCOME AND EXPENDITURE. STATEMENT BY MTXISTBff SURPLUS OF OVER TWO MILuION", P:-oss Association Auckland, Last Night. Mr. Myers, Acting-Minister of Fiance, lias furnished the following figures, showing the revenue and expenditure for the Consolidated Fund for the seven months ended 31st Octobei, together with the revenue for the same fund for the month of October, also the position of the Public Works Fund from Ist April to 31st October, 1010. Tlt<> figures show that for the past seven months the re\er.ue exceeded that of the same period of last year by £905,316, the net increase of expenditure during the same period being £389,813. As" is usually the case, the increased expenditure occurred chiefly in permanent-charges aiid under special Acts. This is accounted for by increased charges for intoiest and sinking fund, war pensions, and war bonuses. ' Departmental expenditure shows a net decrease over the came period.of lacl year of £130,!0G. The credit half ace on 31st Octobei amounted to £1,8011,418, and, as the. surplus of last year carried lorward was £2,1G3,'077, it will be seen tint the balance lias been reduced by £330,(150 since Ist Anril. This, however, is not unusual, '?!■;•. Myers explained, i; the revenue lor the winter months is always below th'j -'.verage. The Minister states that preMut prospects indicate (hat at the end of llm li:..:Mal year there will be a surplus of over two ■millions. ' , ; vm RETURNED SOLDIERS. ARRIVAL OP REMUERa Auckland, Last Sight. The Remuera, from Louden, via Panama, arrived at 10 p.m. yesterday with 21 returned -soldiers, Major Ti urnbull, D.5.0., being in command. The party includes eight officers, ten M.C.O.'s, throe men,- and ten returning tor commissions. The wounded men have benefited greatly by the voyage, duo to Mie. fact that cool weather was experienced in the equatorial zone. Lieutenant F. A. Rutherford (Royal Field Artilleiy), of Onewhero, who was recently awarded the Military Cross, and is on sic'.; leave, with Mossrs. Carncross and Lee, are also passengers.