PUBLIC DEBT OF NEW ZEALAND.
LAST YEAR'S INCREASE. STATEMENT BY THE PREMIER. In the House of Representatives yesterday, the Prime Minister, Sir Joseph Ward, in reply to a question by Mr Herdman as to tha amount ol the public, debt, stated that at the end of the financial year it stood at £70,938,534. At the end of the previous year it stood at £66,453,897, or an increase during the year of: £4.484,637. | . The increase was made up an fol- i lows;— ' £ Ail to Public Works, 1907 191,800 Aid to Public Works, 1908 1,200,000 i I-lutt Railway and Road j Improvements, 1905-07 69,300 Government Railways | Act, 1908 145,100 ! Wellington and Manawatu Railway Act 1.C00.000 Post and Telegraph, 1908 200,000 Land for Settlement Act £566,020 Reieeimd £354,525 Local Bodies Loans, 1908 250,000 Government Advan:es to Settlers, 1908 1,048,800 Government Advances for Workers 123,500 N.Z. Consols Act, 1894 124 Increased by Conversion 36,928 For Redemptions 7.590 Total increase 4,484,637 The statement was ordered to be printed and laid upon the table.
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Wairarapa Age, Volume XXXII, Issue 3218, 16 June 1909, Page 5
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168PUBLIC DEBT OF NEW ZEALAND. Wairarapa Age, Volume XXXII, Issue 3218, 16 June 1909, Page 5
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