THE PUBLIC DEBT OF THE DOMINION.

Appendix to the Journals of the House of Representatives, 1911 Session I, B-18a

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1911. NEW ZEALAND.

THE PUBLIC DEBT OF THE DOMINION.

Return to an Order of the House of Representatives dated the 2Hth September, 1911. Ordered, " That there be laid before this House a Return showing—(l) The gross public debt at the 31st March, 1911 : the Return to show separately the debt under the State-guaranteed Advances Act and other debts; (2) the accumulated sinking funds, both for the State-guaranteed and other debts, and the net debts of each ; and (3) the total gross debt of the Dominion, the total accumulated sinking funds, and the total net debt."—(Mr. Allen.)

Return showing the Gross Public Debt, the Accumulated Sinking Funds, and the Net Debt of the Dominion on the 31st March, 1911, including the Debt under the New Zealand State-guaranteed Advances Acts.

Amount outstanding. Sinking Net Funds. Indebtedness. £ Canterbury Loan Ordinance, 1862 ... ... 15,200 District Railways Purchasing Acts, 1885-86 ... ... 40,000 Native Land Purchases Act, 1892 ... ... ... 125,000 Lands Improvement and Native Lands Acquisition Act, 1894 ... ...' ... ... ... ... 400,000 Hutt Railway and Road Improvement Acts, 1903, 1905, 1907, and 1910 ... ... ... ... 299,490 Maori Land Settlement Act, 1905 ... ... ... 200,000 Maori Land Settlement Act Amendment Act, 1907 ... 50,000 Coal-mines Act, 1908 130,u00 Dairy Industry Act,'1908 ... ... ... ... 1,781 Government Railways Act, 1908, — Railways Improvements Authorization Acts, 1904,1907 307,500 Finance Act, 1909 ... .. ... ... 75,000 Government Railways Amendment Act, 1910 ... 56,900 Local Bodies'Loans Act. 1908 ... ... ... 2,151,300 New Zealand Consols Act, 1908 ... ... ... 462,166 New Zealand Loans Act, 1908,— New Zealand Loan Act, 1863 ... ... ... 266,300 Consolidated Loan Act, 1867 ... ... ... 13,000 Defence and Other Purposes Loan Act, 1870 ... 100,000 Immigration and Public Works Loan Act, 1870 . 390,900 General Purposes Loan Act, 1873 ... ... 82,900 Consolidated Stock Act, 1877 ... 50,359,067* 1884 * 744,700 \id to Public Works and Land Settlement Act, 1896 500,000 1900 353,100 1901 225,000 1902 670,900 1903 842,190 1904 566,200 1905 939,000 1906 1,000,000 1907 1,000,000 Aid to Public Works and Land Settlement Act, 1908 250,000 1910 208,950 £ £ 21,640 Cr. 6,440 40,000 L26.000 400,U()() 299,490 200,000 50,000 130,000 1,781 307,500 75,000 56,900 799,601 1,351,699 462,166 226,802 39,498 1.3,000 100,000 390,900 82,900 50,359,067 ■ ... 744,700 500,000 353,100 225,000 670,900 842,190 566,200 939,000 1,000,000 1,000,000 250,000 208,950 Carried forward '£62,826,544 '£62,826,544 ! £1,048,043 £61,778,501 :-cent., stook ta] ;en over by the ! State-guaranteed •Does not inolude £952,172 3J per cent., and £3,059,165 3-pei vance* Ofnoe.

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2

Return showing the Gross Public Debt, etc. — continued.

J. W. PoYNTON, Secretary to the Treasury. E. L. Mowbbay, The Treasury, Wellington, 10th October, 1911. Accountant to the Treasury.

Approximate Cott of Paper.— Preparation, not given ; printing (1,600 copies). *3.

Authority : John Mackay, Government Printer, Wellington.— l9l].

Price 3d.]

Amount outstanding. Sinking Funds. Net Indebtedness. S, Brought forward ... ... ... ... 62,826,544 Naval Defence Act, 1909 ... ... ... ... 823,750 Finance Act, 1909 ... ... ... ... 247,900 Public Eevenues Act, 1908, — Reserve Fund Securities Act, 1907 ... ... 800,000 Post and Telegraph Act, 1908 ... ... ... 200,000 Public Works Act, 1908,— Paeroa-Waihi Railway Act, 1903... ... ... 80,214 Waikaka Branch Railway Act, 1905 ... ... 53,476 Scenery Preservation Act, 1908 ... ... ... 40,000 State Fire Insurance Act, 1908 ... ... ... 2,000 Wellington-Manawatu Railway Purchase Act, 1908 ... 500,000 Waihou and Ohinemuri Rivers Improvement Act, 1910 100,000 £ 1,048,043 £ 61,778,501 823,750 247,900 800,000 200,000 80,214 53,476 40,000 2,000 500,000 100,000 Totals ... ... ... ... ... £65,673,884 £1,044,043 £64,625,841 Add Sinking Fund in respect of the War and Defence Loans Investments in securities included above on account New Zealand Consols Investment Account Investments in securities held under the Public Revenues Act, 1908 (Reserve Fund Securities Act, 1907)... Bank of New Zealand preference shares held by Government 192,691 335,240 ... 800,000 500,000 1,827,931 Totals ... ... |£65,673,884 £2,875,974 £62,797,910 Under the New Zealand State-guaranteed Advances Acts — Land for Settlements ... ... ... ... 5,907,938* Advances to Settlers and Workers ... ... 7,939,7001 Local Authorities ... ... ... ... 1,375,000 Native Land Settlement ... ... ... 181,600 301,057 192,909 17,970 1,816 5,606,881 7,746,791 1,357,030 179,784 Totals ... ... ... ... ... £15,404,238 £513,752 £14,890,486 Grand totals . ... ... ...£81,078,122 £3,389,726 £77,688,396 * includes £881,337 inscribed stock. t Includes £3,130,000 nscrihed stock.