DOMINION REVENUE.

Taranaki Daily News, 24 December 1919, Page 5

DOMINION REVENUE.

FIGURES FOR THIS YEAR. By Telegraph.—Press Association. Wellington, Last Nig.it, The Acting-Minister for Finance, Sir James Allen stated to-night c'lat the revenue for the month of November last was £1,845,710, an increase of £914,731 on the figures for Novembei 1918, but the increase in revenue was due in the month under review to an increase in railway revenue of £324,369, an earlier production of land and income-tax £•295,937, of Customs duties £193,835, and of stamp duties £84,098. The revenue for the eight months of the year just past was £11,142,347, an increase on the figures for the previous year of £2,048,255. The expenditure figures are not conclusive. For the eight months of the current year the expenditure was £14,439,599, an increase over the totals for the previous year of £3,392,166. but this increase has been largely accountable to additions in permanent charges, £1,470,404, of which interest and sinking fund alone amount to £1,043,293, and increases in annual appropriations are £1,819,371. In tha. eight months, expenditure exceeded revenue by £330,405, but Sir James Allen said the best of the year has yet to come and he had good reason to anticipate that at the end of the year the balance would be on the right side