FINANCIAL STATEMENT. (In Committee of Supply, 23rd September, 1919.) BY THE HONOURABLE SIR JAMES ALLEN, K.C.B, MINISTER OF FINANCE.

Appendix to the Journals of the House of Representatives, 1919 Session I, B-06

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INDEX PACE. Accumulated Surplus .. .. . . .. .. .. . . . . ii Advances, State .. .. .. .. .. .. .. . . . xi Agriculture, Industries, and Commerce Department . . .. .. . . , . x Amusement-tax .. .. .. .. .. .. .. .. . . viii Assistance to Soldiers . . .. .. .. .. .. .. .. xxvi Balances on 31st March, 1919:— Consolidated Fund .. .. .. .. .. . . . . . . xxx Public Works Fund .. .. .. .. ... .. . . , , iii Bank-note Tax .. .. .. .. .. ~ .. .. .. viii Beer Duty .. . . .. . . ' .. .. . . . . . . v Board of Trade .. .. .. .. .. .. _ . . . . . . xxiv Bonus, War .. .. ... .. . . .. . . xxix Cinematograph-films, Censorship of .. .. .. ' .. . . .. . . vii Coal-distribution .. .. .. .. .. .. . , .. . . xvi Conclusion .. .. .. .. .. .. .. . . . . xxxiv Consolidated Fund : — Estimated Expenditure, 1919-20 . . .. .. .. .. . . xxxiii Estimated Revenue for 1919-20 .. .. .. . . .. . . xxxii Estimated Surplus, 1919-20 .. .. .. . . . . . . . . xxxiii Expenditure for 1918-19 compared with 1917-18.. .. .. ... .. ii Result of Year's Operations .. .. .. .. .. .. . . xxx Revenue for 1918-19 compared with 1917-18 .. .. .. .. .. i Compulsory Contributions to War Loans .. .. .. .. . . .. iv Conversions —Loan.. .. ... .. .. .. .. ~ .. iii Cook Islands .. .. .. .. .. .. . . . . . . xxix Cost of raising Loans .. .. .. .. .. .. .. . . iv Customs Department .. .. .. .. .. .. .. .. iv Defence Department: — Defence .. .. .. .. .. .. .. .. .. xii Educational and Vocational Training of Undischarged Returned Soldiers .. .. xiii Munitions and Supplies .. .. .. .. .. .. .. xv Repatriation .. .. .. . . .. .. .. .. .. xiii Soldiers' Financial Assistance .. .. .. .. .. .. .. xiv War Expenditure .. .. .. .. .. .. .. .. xii. Discharged Soldiers Information Department .. .. .. .. .. .. xiv Dominion Laboratory .. .. .. . . .. .. .. .. vi Education Department :- Elvisation .. .. .. .. .. .. .. .. .. xxii Schooi Buildings . . .. .. .. .. .. . . . . xxiii Teachers' Superannuation Fund.. .. .. .. .. .. .. xxiv Educational and Vocational Training of Undischarged Returned Soldiers . . .. xiii Electric (Hydro) Supply . . .. .. .. .. .. .. . . xxx Estimates :— Expenditure, 1919-20 .. .. .. .. .. .. ... .. xxxiii Revenue, 1919-20 .. .. .. .. .. .. .. .. xxxii Supplementary, 1919-20 .. .. . , .. .. . . . . xxxiii Surplus, 1919-20 .. .. .. .. .. .. .. . . xxxiii Expenditure: — Details for 1918-19 compared with 1917-18 .: .'. .. .. .. ii Estimated for 1919-20 .. .. .. .. .. .. .. .. xxxiii War .. .. .. .. .. .. .. .. . . . . xii

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PAGB. Finance, Treasury .. .. .. .. . . .. .. .. ... xxxiii Financial Assistance to Soldiers .. .. ~ .. .. .. . . xiv Financial Responsibilities . . .. .. . . . . .. . . .. xxxi Forestry, State .. . . . . . . . . . . . . . . . . x Friendly Societies .. .. .. .. .. .. .. .. .. xix Future Obligations .. .. . . .. . . .. .. .. xxx Government Printing and Stationery .. .. .. . . .. .. xxi Government Steamers .. . . . . . . .. .. .. . . xx Harbour-works . . . . . . . . ... . . .. .. .. xx Housing .. .. .. . . .. .. ~ .. .. .. xviii Hydro-electric Supply . . • .. .. . . .. . . . . xxx Immigration .. .. .. .. .. .. .. .. .. xx. Imperial Government, Purchase of Supplies for .. .. .. .. .. xxiv Imports and Exports .. .. .. .. .. .. .. .. iv Income-tax Receipts . . .. .. .. .. .. . . . . vi Industrial Conditions .. .. .. .. .. .. .. .. xvii Industrial Unrest .. . . .. .. .. .. <--. .. .. xvii Industries, Local . . . . .. .. .. .. .. .. .. xxvi Insurance of Public Buildings .. .. .. .. .. . . .. xxi insurance, State Fire, . . .. .. .. .. .. . , .. xxi Internal. Affairs Department .-. .. .. .. .. .. .. vi Investments:— Ordinary Revenue .. .. .. .. . . .. ~ ». . xx In London . . . . . . . . . . . . . . . . . . xxvii Labour Department .. .. .. .. .. .. .'. .. xvii Land and Income Tax Department . . .. .. .. '.. .. .. v Land- and Income-tax Receipts .. .. ~ . . . . .. . . v Lands and Survey Department: — Financial Assistance to Soldier Settlers .. . . .. .. .. . . viii Kauri-gum Industry .. .. .. .. .. • .-. .. .. ix Land for Settlement . . . . . . . . . . . . . . . . ix Land for Soldiers . . . . .. ~ .. . . .. .. viii Land for Ordinary Settlers . . . . . . . . . . . . . . ix Land Revenue .. .. .. .. ... .. .. . . viii Lands requiring Special Treatment .. .. .. .. .. .. x State Forestry .. •.. .. .. .. .. . . .. x Swamp-land Reclamation .. .. .. . . .. .. . . ix Lighthouses .. . . .. .. .. .. .. . , .. xix Loans: — Compulsory Contributions to War Loans .. .. .. .. .. iv Conversions .. .. .. .. .. .. .. .. .. iii Falling due .. .. .. .. .. .. .. .. -.. iii Percentage Cost of Raising .. .. . . .. .. . . . . iv Public Works, Loan for .. .. . . .. .. .. .. xxxi Redemptions and Renewals . . .. .. .. .. .. .. iii Telegraph Extension, Loan for . . .. .. .. . . ~ .. xxii War Purposes . . . . . . .. . . .. . . .. xxi Local Industries . . . . . . ... .. .. • .. .. .. xxx Marine, Department:— Government Steamers .. ... .. .. .. .. .. .. xx Harbour-works . . ... .. .. ... .. .. .. xx Lighthouses . . .. .. .. .. .. .. .. .. xix Mental Hospitals Department ~ ... .. .. .. .. .. vi Mining .. . . . . .. .. .. .. .. .. .. xvi Munitions and Supplies .. .-. .. .. .. ... .. .. xv National Provident Fund .. . . . . .. . . . . . . .. xviii Ordinary Revenue Reserve Fund .. ... .. .. .. .. .. xxxi Payments and Lodgments, Treasury .. .. . . .. .. . . iv

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PAGE. Pensions .. .. .. .. .. .. .. .. .. ~ xxv Prisons Department .. .. .. .. .. .. .. .. v ii Post and Telegraph Department .. .. .. .. .. .. ~ vii Printing and Stationery Department .. .. .. .. ... ~ xx i Priority Permits .. .. .. .. .. ~ .. .. ~ xv Proposals for Year, Summary of .. .. .. .. .. ' xxxiii Public Buildings, Insurance of .. .. .. . . .. .. ~ xx ; Public Health, Hospitals, and Charitable Aid Department .. .. .. ~ vi Public Service .. .. .. .. .. .. .. .. .. xxix Public Service Superannuation Fund .. .. . . . . .. .. xxiii Public Trust Office . . . . .. .. . . . . . . . . xx i Public Works Fund .. .. .. .. . . .. .. . . jji Public Works, Loan for .. .. ~ .. .. ~ , xxx i Purchase of Supplies for Imperial Government .. . . .. .. . . xxv i Redemptions and Renewals .. .. .. . . .. ~ , jjj Registrar-General .. .. .. .. .. .. .. .. ~ v jj Relief Funds, War .. .. .. .. .. ' .. .. ~ x j v Repatriation of Soldiers of Expeditionary Force .. .. .. .. . . X ni Result of Year's Operations .. .. .. .. .. .. , , xxx Reserve Fund :— Ordinary Revenue .. .. .. .. .. .. . . ~ xxxi Revenue: — Customs—Estimated, 1919-20 .. .. .. .. .. ~ .. iv Details for 1918-19 compared with 1917-18 .. .. .. . . . . i Estimated, 1919-20 .. .. .. .. .. .. .. ~ xxx ii Land .. .... .. .. .. .. ~ .. ~ viii Samoan Administration .. .. .. .. .. .. .. ~ xxviii School Buildings .. .. .. .. .. .. .. .. ~ xx jji Soldiers; — Employment for Returned .. .. .. .. .. ... ~ x i v Financial Assistance to .. .. .. .. .. .. ~ xiv Land for Discharged .. .. .. .. .. .. ~ _, v jjj Pensions .. .. .. .. .. .. .. .. .. X xvi Repatriation of . . .. .. .. .. .. .. ~ x \[[ Stamp Duties Department ~ .. .. .. .. .. .. ~ v ji State Advances Office .. .. .. .. .. .. ~ ~ x [ State Fire Insurance .. .. .. .. .. .. .. .. XX J State Forestry .. .. .. .. .. .. .. .. ~ x Superannuation Funds: — Public Service.. .. .. .. .. .. .. .. .. xxiii Public Service and Teachers' .. .. .. .. .. .. .. X xiv Railways .. .. .. .. .. .. .. ~ xxiii Teachers' .. .. .. .. .. .. .. .. xx iii Supplementary Estimates, Sum available for.. .. .. .. .. ~ xxiii Surplus accumulated .. .. .. .. .. .. ~ xxxi Surplus, 1918-19 .. .. .. .. .. .. .. .. .. jj Surplus, 1919-20—Estimated .. .. .. .. .. .. .. xx jii Swamp-land Reclamation .. .. .. .. .. .. .. , t ; x Taxation .. .. .. .. .. .. .. .. .. .. xxxii Amusement-tax v .. .. .. .. .. .. .. ~ viii Income-tax .. .. .. .. .. .. .. .. .. vi Land-tax .. .. .. .. .. .. . . .. .. v Proposals, 1919-20 —Summary of .. .. .. .. .. . , xxxii Totalizator-tax .. .. .. .. .. .. .. ~ viii Tourist and Health Resorts, Department of .. .. .. .. .. .. x i x Trade, Board of .. .. .. .. .. .. . , .. xxiv Treasury, The .. .. .. .. .. .. .. .. .. i Treasury Finance . . .. . . .. ~ ~ . . .. ~ xxxiii Unemployment .. .. .. .. .. .. . . .. .. xvii

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War: page. Compulsory Contributions to Loans .. .. .. .. .. .. iv Expenditure .. .. .. .. .. .. .. .. .. xii Gratuities and Allowances .. .. .. .. .. .. .. xxxiv Loan for War Purposes .. .. .. .. .. .. .. xxi Loans raised in the Dominion .. .. .. .. .. .. .. iv Munitions and Supplies .. .. .. .. .. .. .. xv • Pensions .. .. .. .. .. .. .. .. .. xxv Relief Funds .. .. .. .. .. .. .. .. .. xiv Samoan Administration .. .. .. .. .. .. .'. xxviii Workers' Dwellings .. .. .. .. .. .. .. .. xviii Year's Operations, Result of .. .. .. .. .. .. .. xxx Year's Operations, Summary of .. .. .. .. .. .. .. xxxiii

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1919. NEW ZEALAND.

FINANCIAL STATEMENT. (In Committee of Supply, 23rd September, 1919.) BY THE HONOURABLE SIR JAMES ALLEN, K.C.B, MINISTER OF FINANCE.

Mr. Malcolm, — I have the honour to place before you the financial position of the Dominion, and to offer for consideration by honourable members proposals for meeting the normal requirements of government as well as the heavy financial responsibility which has devolved upon this Dominion owing to the war, now happily brought to a victorious conclusion. It is a matter of great satisfaction to be able to inform honourable members that the anticipations for the financial year 1918-19 were more than realized, and that the year's operations resulted in a considerable surplus of revenue over expenditure. Contrary to expectations, revenue from practically all sources substantially increased during the year, notwithstanding the interruption, to trade and the difficulties of overseas transport. Prom the statements submitted it will be observed that the total revenue for the year ending 31st March, 1919, amounted to £22,352,372, an increase of £2,146,150 over the previous year, or £2,167,172 in excess of the estimate. The expenditure for 1918-19 showed an increase of £3,553,311 over that of 1917-18, or £1,119,478 below the amount appropriated, a fact which indicates the prudence and economy exercised by those entrusted with the administration of State services during the most difficult period in our history. The main items of increased expenditure were on account of interest and sinking fund on war loans, war and other pensions, and charges arising out of the recent epidemic, and the expenses of the trading departments, which were largely increased owing to the advance in the cost of materials and in wages. TREASURY DEPARTMENT. Kevenue and Expenditure. The revenue and expenditure for the year 1918—19 as compared with the previous financial year are as follow : —■

Revenue for the Year ended 31st March, 1919, compared with the Year ended 31st March, 1918.

i—B. 6.

Year endod 31st March, 1919. "Year ondod 31st March, 1918. Increase. Decrease. £ 3,830,681 2,124,773 1,964,811 1,512,693 6,2.19,336 273,334 4, '..75,445 1.11,993 35,151 946,669 202,734 108,824 45,928 £ 3,364,308 1,892,014 1,836,256 1,385,708 5,619,561 237,075 4,668,223 101,249 38,053 718,437 205,643 100,493 39,202 £ 466,373 232,759 128,555 126,985 599,775 36,259 307,222 10,744 £ Customs Stamp and death duties Postal and telegraph Land-tax Income-tax Beer duty Railways Registration and other fees Marine Miscellaneous Territorial National-endowment revenue .. Other receipts 2,902 228,232 8,331 6,726 2,909 2,151,961 5,811 5,811 Totals 22,352,372 20,206,222 12,140,150

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Expenditure for the Year ended 31st March, 1919, compared with the Year ended 31st March, 1918.

Surplus. It is my pleasing duty to announce that the surplus for the year amounted to £3,678,773. It is arrived at as follows : — £ £ Revenue .. .. .. .. ..22,352,372 Expenditure .. .. .. .. 18,673,599 3,678,773 Add surplus at the end of the financial year 1917-18 .. 11,560,788 Total accumulated surplus .. .. £15,239,561

Year ondod 31 at March, 1919. Year ended 31st March, 1918. Increase. Decrease. Permanent Appropriations,— Civil List Interest and Sinking Fund Under special Acts Subsidies paid to Local Authorities Territorial Revenue Endowments Old-age Pensions Widows' Pensions Military Pensions War Pensions £ 28,669 6,086,769 726,047 140,309 46,576 150,419 709,336. 80,670 50,511 1,199,544 £ 27,674 4,430,779 621,258 139,213 48,831 164,543 612,464 57,931 50,733 515,384 £ 995 1,655,990 104,789 1,096 £ 2,255 14,124 96,872 22,739 684,160 222 Annual Appropriations,— Legislative Departments Departments of Finance Post and Telegraph Department Working Railways Department Public Buildings, Domains, and Maintenance of Roads Native Department .. .. Justice Department Mines Department Department of Internal Affairs Mental Hospitals, Public Health, and Hospitals and Charitable Aid Departments Tourists Department Defence Department Customs, Marine, and Inspection of Machinery Departments Department of Labour Department of Lands and Survey Valuation and Electoral Departments Department of Agriculture, Industries, and Commerce Education Department Services not provided for 9,218,850 6,668,810 2,566,641 16,601 36,729 ! 167,237 1,699,701 3,415,595 121,384 41,797 132,896 1,487,145 3,067,658 99,393 34,341 212,556 347,937 21,991 5,068 25,694 549,794 40,638' 271,218 318,808 24,242 485,428 26,613 249,747 225,701 1,452 64,366 14,025 21,471 93,107 53,656 416,427 186,561 48,733 428,112 163,395 4,923 23,166 11,685 32,954 209,403 53,070 240,465 30,746 159,831 38,425 224,565 2,208 49,572 14,645 15,900 1,602,995 12,420 1,511,256 5,795 91,739 6,625 9,454,749 8,451,478 1,020,024 16,753 3,586,665 33,354 33,354 Totals 18,673,599 15,120,288 3,553,311

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Public Works Fund. Although expenditure upon public works has necessarily been very much curtailed, essential services have been provided for, and a total amount of £1,207,921 has been expended. Statement showing the Position of the Public Works Fund as at 31st March, 1919. £ Balance brought forward on Ist April, 1918.... .... .... 295,540 Receipts,— Loan-money— Finance Act, 1918 (No. 2), Section 29 (Aid to £ Public Works) .... .... .... 360,000 Finance Act, 1917, section 77 .... .... 725,000 Other receipts .... .... .... .... 13,580 1,098,580 1,394,120 Expenditure,— Under appropriation.... .... .... .... 1,207,482 Other expenditure .... .... .... .... 439 1,207,921 Balance at 31st March, 1919 .... .... .... £186,199* * Note.—The balance on 31st March, 1919, is made up as follows :— £ Cash in Public Account ... ... ... ... ... 157,360 Imprests in the hands of officers of the Government ... ... 28,839 £186,199 Redemptions and Renewals. Excluding our liability to the Imperial Government for war expenditure, which will be dealt with elsewhere, the total debt falling due during the year amounted to £1,705,865, and of this amount £1,448,850 was renewed, £169,165 was redeemed with funds borrowed from the Post Office, and £87,250 was provided by departmental funds, leaving a balance of £600 representing unpresented debentures. Conversions. During the year 105 investors took advantage of the conversion scheme authorized by the New Zealand Inscribed Stock Act, 1917. The total sum of £301,050 Avas converted into inscribed stock with twenty years' currency and bearing interest at 4| per cent, free of income-tax. Loans falling due. The loans falling due during the seven years ending with the year 1926 are as follow :—

III

Year ending 31st March, London. Australia. Now Zealand, j Total. .920 .921 .922 923 924 .925 .926 £ 42,800 3,000 10,000 30,300 1,721,100 188,100 1,400 £ 29,400 551,200 914,100 666,850 29,700 200,000 £ 3,695,745 9,551,257 5,437,790 8,141,406 6,758,465 743,392 382,010 £ 3,767,945 10,105,457 6,361,890 8,838,556 8,509,265 1,131,492 383,410

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IV

Cost of raising Loans. The percental cost of raising the respective loans issued in New Zealand is shown in the following table :—

Compulsory Contributions to War Loans. The legislation passed to enable the Government to compel persons to subscribe to the war loans in cases where they had not voluntarily contributed their fair proportion has been prominently before the public. The list of subscribers has been carefully examined and compared with the list of taxpayers, and every means has been taken to compel the financial shirker to shoulder his fair proportion of the responsibilities. Treasury Payments and Lodgments. The number of payment vouchers which passed through the Treasury during the year 1918-19 was 295,813, whereas during the year 1913-14 (the year before the war) the number was 196,455. The total lodgments to the credit of the Public Account were £72,440,211 and £17,120,240 for the above two years respectively, and total payments out of Public Account £74,184,737 and £17,106,489 respectively. CUSTOMS DEPAETMENT. Estimate of Customs Revenue for 1919-20. Before proceeding to estimate the revenue for 1919-20 it may be as well to state the amount realized in 1918-19. This was estimated at £3,500,000, and the amount collected was £3,830,681, being well above the average revenue received during the past ten years. As a matter of fact it has only once been exceeded—namely, in 1916-17, when £3,849,675 was collected. The excise beer duty was £273,334, as against the estimate of £225,000. The number of gallons of beer brewed totalled 11,169,920. This gives an average duty per gallon of 5-875 d. The quantity brewed for the previous financial year totalled 11,039,053 gallons. In estimating the revenue for the financial year 1919-20 the usual inquiries have been made from the principal commercial houses importing soft goods, hardware, drugs and chemicals, electrical goods, glass and chinaware, wines and spirits, tobacco, cigars, &c, and the general opinion expressed leads to the belief that we may look for quite as much revenue as in any previous year. The returns already to hand for April, May, and June, 1919, are considerably in excess of those for the corresponding months of 1918, the figures being—April, May, June, 1919, £1,077,602, as against £860,907 for the same months of 1918. Shipping facilities are bound to be better than during the war period, and should there be no serious industrial trouble, or interference with shipping, there appears to be no good reason why the revenue for the present financial year should not reach £4,400,000. The values of imports and exports for the past three financial years are as follow : — Imports. Exports. £ £ 1916-17 .. .. .. 26,162,706 30,538,466 1917-18 .. .. .. 20,983,612 31,298,270 1918-19 .. .. .. 26,437,284 32,263,792

Authority. Amounts raised to 31st March, 1919. Charges and Cost per Cent. of raising Loans. Expenses. Finance Act, 1915 (Aid to Public Works) Finance Act, 1916 War Purposes Loan Act, 1917 .. .. .. ! Finance Act, 1918 .. £ 2,005,030 11,572,450 23,273,500 5,215,400 £ 5,030 54,667 103,540 292 s. d. 5 0i 9 5J8 lOf

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V

It should be carefully borne in mind that the import values are based upon the fair market value in the country of exportation plus 10 per cent. This is the value for ad valorem and primage duties. The true landed cost is probably 20 per cent, in advance of the figures shown for imports owing to the high freights. The following comparative return showing the value of goods as compared with tonnage imported will be of interest. The proportion of value obtained from Great Britain, United States, and other foreign countries is also shown.

It will be seen that in spite of adverse conditions Great Britain has held its trade remarkably well. Nevertheless, the trade with the United States has increased in value from a little over two millions to nearly five millions, and there is clear evidence that the value of imported goods generally has appreciated all round by 70 per cent, since 1914. The necessity of obtaining licenses to trade has been abolished for most countries in Europe, and Great Britain only retains a limited list of prohibited exports and imports. Recapitulation of Estimated Revenue to be collected by the Customs Department for 1919-20. £ Customs revenue .. .. .. .. 4,400,000 Beer duty .. . . .. .. .. 270,000 Bonded warehouse duty, timber export duty, and other receipts .. .. .. .. 7,000 £4,677,000 LAND AND INCOME TAX DEPARTMENT. The net receipts in this Department for the past year amounted to £7,732,029; land-tax, £1,512,693 ; income-tax, £6,219,336 ; and, compared with the collection for the previous year, show an increase of £726,760. Land-tax. The land-tax receipts compared with those of 1917-18 show an increase of £126,985. The comparison is as follows :— £ Receipts, 1918-19 .. .. .. .. 1,512,693 Receipts, 1917-18 .. .. .. .. 1,385,708 Increase .. .. .. .. £126,985 This increase is attributable to the increased value of land in districts revised under the provisions of the Valuation of Land Act.

British Ports. United States of America. Other Foreign Countries. Totals. Year. Value. Tonnage. Value. Tonnago. Tonnago. Value. Tonnage. Value. Tonnage. 1914 1915 1916 1917 1918 £ 17,649,784 17,727,137 20.833,461 15,591,308 17,265,921 Tons. 1,360,843 1.172,859 | 1,005,906 826,786 784,334 £ Tons. 2,282,966 125,755 2,600,248 138,741 3,969.925 230,341 3.900,658 154,756 4,980,748 166,908 Tons. £ 125.755 1,923,346 138,741 ! 1,401,449 230,341 : 1.535.897 154.756 1,427,299 166,908 i 1,987,275 Tons. 52,157 58,457 63,697 74,238 37,495 £ 21,856,096 21,728,834 26.339,283 20,919,265 24,233,944 Tons. 1,538,755 1,370,057 1,299,944 1,055,780 988,737

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Income-tax. The income-tax receipts compared with those of 1917-18 show an increase of £599,775. The comparison is as follows : —- -£ Receipts, 1918-19 .. .. .. .. 6,219,336 Receipts, 1917-18 .. .. .. .. 5,619,561 Increase .. .. .. .. £599,775 The increase is due to the increased incomes of taxpayers, and in part to the review of previous years' assessments made by the Department. MENTAL HOSPITALS DEPARTMENT. The total spent On mental hospitals for the year was £261,977, and the receipts for maintenance, sales of produce from the farms, &c, amounted to £71,867, leaving a net expenditure of £190,110, an increase of £25,430 over the previous year. Increases in the scale of salaries for attendants and nurses from the Ist April, 1918, and increased war bonus for the half-year, together with the higher cost of provisions, bedding, clothing, fuel, &c, and the larger number of patients under care, account for the increase in expenditure. DEPARTMENT OF PUBLIC HEALTH, HOSPITALS, AND CHARITABLE All). A heavy increase in expenditure under the vote " Public Health, Hospitals, and Charitable Aid " will be necessitated this year, the principal items of which are those relating to the influenza epidemic. It is anticipated that the total cost of the epidemic will be about £220,000, which should be reduced by recoveries from the sale of equipment and the use thereof at the Department's own institutions and quarantine-stations, to a net expenditure of £197,000. A sum of £60,000 will be required to meet the allowances to epidemic widows and widowers. The Government decided to authorize Hospital Boards to pay on its behalf to widows with children amounts not exceeding £l ss. a week for the widow and 10s. 6d. a week for each child, and to widowers with children in poor circumstances a sum not exceeding £l ss. a week in order that they may engage a housekeeper to keep their homes together and look after the children. The annual cost of these allowances will be possibly about £90,000, of which £60,000 is required this year. A further item in connection with the influenza epidemic is the cost of the Epidemic Commission, estimated to be £1,200. In addition to these increases in the expenditure, there has been a general increase in the administrative expenditure of the Department; additional staff has been necessitated, and the splitting-up of the present largo health districts into smaller districts means the appointment of additional. Health Officers and consequent office and administrative expenses, including increased activities necessitated in the prevention of infectious diseases. There will also be considerable increase in quarantine expenses during the year. Other items of increase are those under the heading " .Bacteriological Laboratory," and wages at the Department's institutions, which have increased in accordance with the general increase in wages. INTERNAL AFFAIRS DEPARTMENT. Dominion Laboratory. Supplies of various kinds have been tested for the Post Office, Public Works, and Railways, and chemical work has been undertaken as required for Customs, Defence, Public Health, a,nd other Government Departments. The samples examined under the Sale of Food and Drugs Act totalled 2,400. A process for cleaning kauri-gum recovered from swamp peat has been further tested, and proved successful.

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The importation of explosives into the Dominion has again been directly controlled by the Department, as a war measure, and all shipments have been rigorously tested. No accidents have occurred in the manufacture and handling of explosives in New Zealand, and there have been no serious breaches of the regulations. The fees collected during the year were : For analyses, £26 ; for licenses under the Explosive Act and for storage of explosives, £.1,923. Censorship of Cinematograph Films. During the past year .1,739 films, amounting to 3,479,860 ft., have been examined by the Censor, and fees amounting to £1,160 have been received. The receipts were in excess of the expenditure. Registrar-General. The revenue of this Department, though it steadily increased up to the year 1915-16, showed a drop from £16,865 in that year to £12,450 for the year 1917-18. During the last financial year, however, the revenue rose to £12,716, an improvement which should be well maintained in succeeding years. PRISONS DEPARTMENT. The various buildings and other works that are being carried out by prison labour progressed satisfactorily during the year. The returns from the farms and from industrial work show a substantial increase over those for the preceding year, although the totals then reached formed a record for the Department. The revenue from various sources amounted to £21,654, while the estimated value of the labour employed on the farms and on various prison industries was £19,823. The engineers' estimates of the value of prison labour employed on public works, exclusive of work for which cash credits were received, amounted to £11,577. The value to the State of prison labour during the year 1918-19 was therefore £53,054, which is equal to 55 per cent, of the gross expenditure for the twelve months. POST AND TELEGRAPH DEPARTMENT. The amount of revenue on postal matter and telegrams collected by the Department during the year was £1,964,811. The Post Office Savings-bank business for the year was unusually large, the deposits totalling £18,101,105. The withdrawals totalled £14,938,842, leaving an excess of deposits over withdrawals for the year of £3,162,263. This is a halfmillion more than the excess for the previous year. The balance remaining at credit of depositors at the close of the year 1918 was £33,418,125, as compared with £17,131,413 at the end of 1913. The interest credited to depositors for the year 1918 exceeded a million sterling. The postal-note business for the year 1918-19 shows a slight decrease ; but this is more than made up by increased money-order business. The aggregate of money-orders and postal notes issued was £4,372,826, and the amount paid out £3,987,143. Nearly half of the Department's revenue is derived from postages, the next largest items being telegrams and telephone-exchange receipts. The Department has provided the machinery for the collection of a large portion of the money invested in the various war loans Avhich have from time to time been placed upon the market. The sales of war-loan certificates alone, which are handled exclusively by the Post Office, have reached the sum of £4,068,597. Full details of the Department's finances, and particulars of its many activities, will be found in its annual report. STAMP DUTIES DEPARTMENT. The revenue collected by the Stamp Duties Department during the year 1918-19 amounted to £2,124,773, or £232,759 in excess of the collections for the previous financial year.

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Stamp Duties. £ Revenue for 1918-19 .. .. .. .. 2,124,773 Revenue for 1917-18 .. .. .. .. 1,892,014 Increase .. .. .. .. £232,759 The amounts collected by way of totalizator-tax and bank-note tax are shown hereunder. Totalizator-tax. £ 1918-19 .. .. .. .. .. ..229,273 1917-18 .. .. .. .. .. .. 213,932 Increase .. .. .. .. £15,341 Bank-note Tax. £ 1918-19 .. .. .. .. .. .. 188,003 1917-18 .. .. .. .. .. .. 167,914 Increase .. .. .. .. £20,089 Amusement-tax. The amusement-tax collected during the year amounted to £40,291, as compared with £16,273 collected during the five months ended 31st March, 1918, during which year the tax first came into operation. DEPARTMENT OF LANDS AND SURVEY. Land Revenue. The gross revenue for the past year amounted to £1,246,848, a sum considerably in excess of that received for the previous year. The ordinary arrears of rent and other payment at the 31st March, 1919, amounted to £40,765. Discharged Soldiers Settlement. Great activity has been displayed in the work of this important branch of the Department. The total area proclaimed under the Discharged Soldiers Settlement Act, 1915, up to the 31st March, 1919, was 507,890 acres ; of which an area of 113,671 acres was proclaimed during the year. Possession was obtained by the Crown of thirty-one estates purchased from private owners under the Land for Settlements Act, the majority of which have been subdivided and selected. In addition, the purchase of a number of other properties was completed, but possesssion had not been given at the close of the year. Practically all the settlement land opened during the year has been selected, and no effort has been spared to meet the keen demand for improved holdings. All classes of land which are considered to be suitable for farming by discharged soldiers are being utilized solely for this purpose, and, in addition, many pastoral runs in the South Island, the licenses of which have expired, are being subdivided and will be disposed of to soldiers experienced in this class of farming. Many discharged soldiers continue to take advantage of the benefits conferred by sections 2 and 3 of the Discharged Soldiers Settlement Amendment Act, 1917. Under the first-mentioned section they may obtain financial assistance to acquire freehold or Crown leasehold land and to effect improvements thereon, whilst under the latter section holdings may be acquired for one or more soldier applicants through the medium of the Land Purchase Board. One of the features of settlement under the Act has been the great demand for urban residential properties by returned soldiers who are engaged in town vocations. Up to the 31st March last advances for this purpose were authorized to 529 returned soldiers, amounting to £318,752. The transactions finally completed at that date involved advances amounting to £212,583.

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Under the provisions of section 6 of the Discharged Soldiers Settlement Act, 1915, and section 2 of the Amendment Act, 1917, advances have been authorized and paid as shown in the following statement: — Authorized. Paid. Section 6, advances on current account — £ £ 900 returned soldiers ..* .. .. 433,619 337,736 Section 2, Amendment Act, 1917 : Rural lands— 263 returned soldiers .. . . .. 397,801 207,235 Section 2, Amendment Act, 1917 : Dwellings — 529 returned soldiers .. .. .. 318,752 212,583 1,692 returned soldiers .. .. ..£1,150,172 £757,554 Repayment of advances, &c. .. .. .. 35,130 Balance out on mortgage .. .. .. £722,424 From the above statement it will be seen that the advances authorized nearly reached the amount of loan which can be raised under the provision of section 8 of the Discharged Soldiers Settlement Act, 1915. Owing to the rapid demobilization of troops, and the greater expedition now shown by the Lands Department in arranging and settling transactions, the whole of the loan authorized has since been raised, and applications have been recommended by the various Land Boards considerably in excess of this amount. It is anticipated that requests for financial assistance this year will be very heavy, and provision is being made accordingly. Ordinary Settlement. It will be gathered from the above that only a restricted area of land has been made available for ordinary public selection. This comprises, generally, sections unsuitable for discharged soldier occupation, owing to poor quality, remoteness from markets, or indifferent access. A. considerable area, of this class of land is still open for selection on favourable terms. Swamp-land Reclamation. The past financial year has seen very considerable activity in connection with the various swamp-reclamation schemes, this being rendered possible by the aid of Jugo-Slav labour and the availability of British labour. Development of new areas on. Hauraki Plains has been actively prosecuted, and some 5,000 acres will be available for selection by discharged soldiers by next spring. Next year some 8,000 acres will be available in connection with Kaitaia and Waihi schemes, and also further areas in Hauraki Plains. It is anticipated that operations suspended at Poukawa will be again undertaken, and also other projects launched. Active surveys are being conducted in connection with Hikurangi and Waikare Swamps, and very probably engineering surveys of Seawood Moss and Lake Grassmere will be commenced as soon as staff officers return from the war. Machinery is most difficult to obtain, the delivery of two dredges from England being now thirty months overdue. The acquisition of American dredge machinery is now under consideration and may shortly be available as post-war conditions become easier. Kauri-gum Industry. During the year the export trade has been limited. Little, if any, space has been available for export to Europe, and early in 1918 a partial embargo was put on the importation of kauri-gum by the United States of America. As a consequence, it was found necessary, in. order to assist the gum-diggers and those dependent on the industry in. the country districts, for this Department to purchase more gum than during the previous year, although our exports were only a little more than half those for that period. Indeed, in some districts the Government was the only buyer during some parts of the year,

ii—B. 6.

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The particulars of purchases and sales of the Department for the last two years are as follow: Year ended 31st March, 1918 — Purchases, £10,737; sales, £26,882. Year ended 31st March, 1919—Purchases, £18,847 ; sales, £14,226. With more shipping-space and cheaper rates of freight the export trade is likely to expand considerably during the coming year. Considerable work has been done in connection with the salt vacuum process for cleaning gum, and before long some of the treated gum will be put on the market. Land requiring Special Treatment. Steps will be taken to deal with the poor lands of the Dominion, such as the pumice and gum lands, which comprise approximately over 700,000 acres, and Parliament will be asked to provide the necessary funds. To accomplish this in a satisfactory manner it may be desirable to introduce a modification of the old homestead tenure, under which free grants of limited areas were made to selectors who would occupy and bring into profitable cultivation these waste lands of the Crown. In order to effectively deal with such areas it may also be necessary to financially assist these settlers so as to enable them to utilize the lands in a comparatively speedy and up-to-date manner. DEPARTMENT OF AGRICULTURE, INDUSTRIES, AND COMMERCE. During the year production has again been well maintained at a high standard, both as regards quality and quantity. The continuance of the arrangements made for the purchase by the Imperial Government of wool, meat, and dairy-produce has been most beneficial in securing stability of values in all classes of live-stock. The large amount of exportable produce which came forward would have been increased to some extent but for a period of exceptionally dry weather which prevailed over a considerable proportion of the Dominion in the autumn, this had the effect of reducing the output of dairy-produce towards the close of the dairying season. The stock slaughtered for freezing for export showed an increase over the previous year of 7,552 cattle, 721,883 sheep, and 236,279 lambs ; and, although a considerable quantity of meat owned by the Imperial Government was left over from the previous season, the whole of the above was accommodated in the freezingstores. At the present time, however, the stores are very full, and it will be necessary to secure adequate relief before the new season's work commences. The butter sent into the grading-stores showed a small decrease compared with last year, but this was counterbalanced by an increase in the quantity of cheese. The production of dairy by-products in the shape of whey butter, milk-powder, and casein is making further progress, and the enterprise shewn by those engaged in dairying augurs well for the future development of this important branch of the industry. The wool-clip shows a good return, the average price up to the end of July being higher than that of last season's entire clip ; and, though some wool of lower grades still remains to be valued, the aggregate return for the season's clip will be possibly higher than, that for the whole of the previous season. The fruitgrowing industry has been handicapped by the entire lack of facilities for export and by shortage of available labour, but progress is being made in developing marketing arrangements within the Dominion and in providing additional cool-storage plant, which will prove of material assistance in furthering the interests of this branch of industry. The necessity for furnishing practical assistance to producers in ' order to stimulate increased production is realized, and considerable advance has already been made in this direction. STATE FORESTRY. Last session it was announced that it was intended to place the State forests under | the control of a separate Minister, and in November last this intention was;f given effect to by the appointment of the Hon, the AttorneyGeneral as Commissioner of State Forests,

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By section 34 of the War Legislation and Statute Law Amendment Act, 1918, statutory authority was granted for—(1) Sawmilling and the purchase or hire of sawmills by the Government; (2) the State to purchase private lands for forestry purposes ; (3) the setting-apart of Crown, lands as provisional State forests ; (4) taking lands for forestry purposes under the Public Works Act; (5) limiting or prohibiting the export of timber from New Zealand ; and (6) prohibiting the sale of or the granting of licenses to cut or sell standing timber on public or private lands except subject to conditions to be prescribed. An area of about 1,800,000 acres has since been proclaimed State forests under that authority. Additional areas will be proclaimed as soon as the necessary maps are completed. It must be understood that the setting-aside of provisional State forests is not a final reservation. As soon as the necessary arrangements can be made the reserves will be inspected, and such lands as are found to be more suitable for settlement than for retention under forest will be made available for settlement. The total area of State forests and provisional State, forests is now about 3,273,000 acres, but of this area a large proportion does not bear timber of milling-value, and a proportion is treeless mountain land. Taking a mean between the proportion of the forest areas of France and Germany, this Dominion should have an area of 13,300,000 acres under forest to satisfy present and future demands. As the dairy, fruit, and other industries which use a large quantity of whitepine were finding it impossible to obtain adequate supplies, measures were taken through the Board of Trade to limit the export of this timber to 40 per cent, of the total production. This has met with strong opposition from localities where a large export trade has been worked up, but, on the other hand, the users of white-pine in New Zealand have made strong representations that its export should be entirely stopped. Regulations have also been gazetted limiting the quantities of other timbers which may be exported from New Zealand during the present year, and sawmillers have been notified that the quantities exportable will be further reduced year by year. In the plantations a total new area of 2,800 acres was afforested, about onethird of the area having been planted by discharged soldiers. Arrangements are being made to employ a larger number of soldiers, but difficulty is experienced in providing both accommodation and trained supervisors. The Commissioner of State Forests has publicly announced that the forests of New Zealand must be henceforth utilized for the people of New Zealand, and that consequently the export of all classes of timber must be limited at present and cease wholly in the near future ; and further that on land not suited for settlement only timber ripe for milling must be cut, and the growing timber conserved on all lands continuing as State forests. Against the policy so declared there has been considerable protest from certain districts where it is contended that the export trade already established should continue and be allowed to increase in volume. Applications have been invited by advertisement in England for qualified persons to fill the positions of Director and Assistant Director of New Zealand Forestry. Special education, training, and experience in forestry have been required as essential qualifications for any applicant. Under section 32 of the Finance Act (No. 2) of last year'authority was provided for raising £200,000 for forestry purposes over and above the £50,000 authorized under section 50 of the Finance Act, 1916. STATE ADVANCES OFFICE. A perusal of the annual report and balance-sheet for this Department, which has been duly laid before Parliament, shows the result of the year's working to be eminently satisfactory. This essential and ever-growing Department was never in a better position to assist and help deserving settlers and workers, and its usefulness in the future will, I feel sure, be more than ever appreciated by those who seek to obtain cheap money from the State. During the year the Department has, through accumulations of capital, been able to increase the limits of advances and to advance considerable sums of money to settlers, workers, and local authorities. The amount that can be borrowed by a local authority in any year has been increased from £5,000 to £10,000. To those in search of a home the sum of £1,000 can be lent by the Settlers Branch.

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To settlers for improvements on rural lands the sum of £1,000 can still be borrowed, whilst for the repayment of mortgages on real estate £450 is available. To the workers £450, the maximum sum allowed by law, is obtainable, provided the security is sufficient and satisfactory. During the period of the war the rate of interest chargeable to borrowers on loans remained unchanged : 4|- per cent, is payable by local authorities, and 5 per cent, by settlers and workers. The latter rate is, however, reducible to 4| per cent, when payment is made promptly. Statement showing Total Amounts of Advances paid over from the commencement of the Scheme to the 31st March, 1919. £ Advances to settlers .. .. .. .. 17,957,600 Advances to workers .. .. .. .. 3,560,840 Advances to local authorities .. .. .. 3,099,865 Total .. .. .. .. £24,618,305 Statement showing Amounts current as at the 31st March, 1919. £ Advances to settlers .. .. .. .. 7,985,276 Advances to workers .. .. .. .. 2,576,579 Advances to local authorities .. .. .. 2,846,836 Total .. .. .. .. £13,408,691 Statement showing Loans authorized but not paid over as at the 31st March, 1919. £ Advances to settlers .. .. ... .. 125,340 Advances to workers . . . . . . . . 29,275 Advances to local authorities . . . . .. 313,150 Total .. .. .. .. £467,765 DEFENCE DEPARTMENT. The expenditure out of the Consolidated Fund for Defence administration, including Ordnance and Supplies .services and the maintenance and training of the Territorial Force, during the financial year ended 31st March, 1919, amounted to £416,427, or £11,685 less than the amount expended during the year 1917-18. The requirements of this Department for the current year will be fully explained in the annual Defence Report. War Expenditure. At the end of the financial year 1918-19 the war expenditure of this Dominion, including imprest advances outstanding, had reached the sum of £62,636,720 ; whilst towards meeting commitments connected with the New Zealand Expeditionary Force, including charges for the maintenance of our troops in the field, equipment, supplies, pay, allowances, and other incidental charges, there was a cash balance and temporary investments amounting to £6,084,469. These sums do not include provision for interest and sinking-fund charges on war loans raised, nor for war pensions, which are a charge upon the ordinary revenue of the Dominion. Full particulars of the war expenditure will be placed before you later, but I must remind honourable members that, notwithstanding the fact that the war has concluded, our financial responsibility remains very great, as large sums will have to be provided for gratuities, cost of repatriation, &c. It will be necessary to continue to make generous provision for the expert medical treatment and skilled nursing of our sick and wounded, for whom special hospitals and sanatoria have been provided. The payment of retrospective married allowances to soldiers' wives, for which approximately £500,000 was authorized, has absorbed £230,000 to date, but large numbers of applications are still coming in.

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Heavy charges for the sea transport of the returning troops, their pay, maintenance, &c, have to be met. 1 submit hereunder a statement showing the receipts and expenditure of the War Expenses Account as disclosed by the Treasury books for the quarter ended the 30th June, 1919 :— War Expenses Account as at 30th June, 1919. £ Balance brought forward on Ist April, 1919 .. .. .. 7,979,826 Receipts— £ Loan-money .. .. .. .. 1,645,610 Other receipts .. .. .. .. 34,943 — 1,680,553 9,660,379 Expenditure .. .. .. .. .. .. .. 1,300,826 Balance at 30th June, 1919 .. .. .. *£8,359,553 * The balance on 30th Jinn; is made up as follows : Cash in Public Account, £443,424 ; investments, £3,820,218; imprests outstanding, £4,095,911 : total, £8,359,553. Educational and Vocational Training of Undischarged Returned Soldiers. Special attention is paid to the educational and vocational training of returned soldiers by the Defence Department. Workshops have been built and equipped at nineteen hospitals and sanatoria. The funds for necessary buildings and a considerable portion of the equipment have been provided by the New Zealand. Red Cross and other patriotic societies. There are sixty-eight instructors now engaged by the Department, and the subjects taught number fifty-nine. The work has a valuable curative effect, and is designed to prepare soldiers to go back to civil life. The Educational and Vocational Training Branch works in close association with the Repatriation Department, which arranges to carry on the training after the soldieris discharged. The total number of soldiers benefiting from the scheme in August was 1,033 ; some of these attend several classes, the total number on the class rolls being 1,457. REPATRIATION OF DISCHARGED SOLDIERS. As indicated in the Budget of last year, a Department of Repatriation has been established under the authority of the Repatriation Act, 1918, to deal with all matters affecting the return of our soldiers to their civil life. It has also taken over the duties and work hitherto undertaken by the Discharged Soldiers Information Department. The new Department, which commenced its activities at the beginning of the is concerned with the soldier after his discharge, and was controlled by a Ministerial Board comprising the following members of the Executive Council : The Minister of Railways (Chairman), the Minister of Agriculture, the Minister of Education, and the Minister of Lands. Quite recently two returned officers, who had been on active service with the New Zealand Expeditionary Force, on their elevation to ministerial rank were appointed to fill the vacancies on the Board caused by the resignations of the Minister of Agriculture and the Minister of Education. It will be remembered that the proposal to control repatriation by a composite Board of Ministers evoked considerable criticism. The experiment, however, has proved satisfactory both to the Department and to its District Boards and Committees. In this connection, too, it is interesting to note that the Dominion of Canada, which inaugurated its Department under the control of one Ministerial Head known as the " Minister of Soldiers' Civil Re-establishment," has now found it expedient, after two years of experience, to vest the control of this great national work in a Repatriation Committee consisting of six Ministers of the Dominion Government. The Repatriation Board, in organizing the work of the new Department, came to the conclusion that the most satisfactory results would be attained

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by decentralizing control and administration as far as possible. The District RepatriationTßoards and Local Committees constituted under the statute have therefore been given full executive powers. They have authority to deal with and decide applications made by discharged soldiers in their respective districts for assistance in any of the directions covered by the regulations. This policy of decentralized control has proved a gratifying success, and has enabled all cases to be disposed of with the utmost despatch. District Boards have been established at each of the four main centres, and Local Committees with offices and paid staffs have also been set up at the principal provincial towns. In addition, fifty-six honorary Repatriation Committees have been constituted throughout the Dominion. These bodies are composed of members representative of and nominated by such organizations as those of the returned soldiers, labour, and the industrial, commercial, patriotic, and social interests of the community, and they are carrying out their duties with enthusiasm and with a very sympathetic regard for the soldier applicants. Here again the Dominion has reason to be grateful to the citizens who are giving their services so freely in the all-important work of reabsorbing our Army into civil occupation. The local administrative staffs have been recruited exclusively from the ranks of the discharged soldiers themselves. The assistance rendered by the Department to discharged soldiers classified under three main headings, as follows : — Financial. —District Boards or Local Committees may grant loans up to £300 to enable soldiers to set up in business, and loans up to £50 for the purchase of furniture, tools of trade, or equipment. Loans in excess of £50 are subject to the approval of the Ministerial Board. No interest is charged on the first £50, or on any loan up to £50. In this category over three thousand six hundred applications have been approved between the middle of February and the 20th August, 1919, involving advances to the extent of over £380,000. From present indications the soldiers who have been established in business on their own account by this means are doing well, and are meeting their obligations in the matter of repayments, both of interest and instalments of principal, in a quite satisfactory manner. Training. —Comprehensive arrangements have been made for the training of returned soldiers— (a) Whose disabilities render them unfitted to resume their pre-war occupations ; (b) who enlisted at a comparatively early age and who are consequently not qualified tradesmen, also apprentices completing their indentures ; (c) who desire to obtain farm-work or who may wish to take up land under the Discharged Soldiers Settlement Act, but who have had no previous experience. At the present time over sixteen hundred men are being trained under the various schemes. All trainees are granted financial assistance by the Department in the form of sustenance or subsidies. Employment. —The Department (including the original Discharged Soldiers Information Department) has up to date placed about nine thousand men in employment, and as the number at present receiving unemployment sustenance in the whole Dominion is only seventeen it will be seen that the unemployment situation is well in hand. The Department also pays transportation expenses of men proceeding to employment, and the medical fees of applicants for positions in the Public Service. SOLDIERS' FINANCIAL ASSISTANCE BOARD. During the year the Soldiers' Financial Assistance Board held 245 meetings and dealt with 11,652 applications, including 1,831 cases previously considered. Of this number, 2,150 were declined, 1,920 were withdrawn by the applicants, and 7,582 grants were authorized. Grants amounting to £163,601 were approved, and the sum of £137,445 was actually disbursed. It was hoped that the Board's activities would cease soon after the signing of the Armistice, but, owing to the extension of the regulations permitting retrospective grants, large numbers of new applications, as well as applications previously declined through want of jurisdiction, are being received. WAR RELIEF FUNDS. Tables showing details of the administration of Patriotic Funds throughout the Dominion are now being prepared for presentation to Parliament.

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Contributions of the public to various overseas relief funds are as follow : —■

The general receipts for overseas relief funds are less than they were for the previous year, except for the British Red Cross Fund and the British Navy Relief Fund, in aid of which special collections were taken up during the year. The cessation of hostilities has enabled the funds raised for Belgian and Allied relief to be set free, and as a result remittances overseas in connection therewith have been increased by £54,000, and only a comparatively small amount of the funds so raised now remains to be remitted. MUNITIONS AND SUPPLIES. Owing to the cessation of hostilities with. Germany, the activities of the Munitions and Supplies Department were duly brought to a close on the 31st March, 1919. Up to this time the total expenditure by the Department in procuring stores for military purposes amounted to approximately four and a half millions sterling, the whole of this sum, representing an annual expenditure of £1,300,000, being handled without a single case of fraud, although at the beginning of the Department's activities it had been found necessary to inflict fines where specifications had not been faithfully carried out, amounting in one case to £2,000. When the Armistice was signed the Department was committed to incomplete contracts to the value of £145,000. Owing to the fact that a clause had been inserted in the contracts giving the Department the right to terminate by taking over materials, these commitments were cancelled, at a total cost by way of compensation amounting to £112, and by taking over from the contractors goods useful to the military authorities to the value of £32,000. A surplus stock of consumable goods to the value of £9,588 was disposed of at a net loss on cost of £2,772. It is satisfactory to record that the cost of administering the Munitions and Supplies Department amounted in round figures to £18,000, being an average annual cost of £5,000. In this connection it is well to remember that the economy in expenditure has been due largely to valuable services rendered gratuitously by the advisers and experts who patriotically placed their services at the disposal of the Minister in charge. Priority Permits. With the signing of the Armistice came the lifting of all export restrictions imposed during the war period by the authorities in the United Kingdom, Canada, United States of America, India, and Australia.

For tho 5Tear ended 31st March, 1919. For the Period since Outbreak of the War. Belgian Relief Funds Other Belgian Funds For other Allies Civil relief in Great Britain British Red Cross Fund British Navy Relief Fund New Zealand Hospital Ship Fund New Zealand Comforts Fund New Zealand War Relief Fund For equipment of aeroplanes, ambulances, &c. For regimental funds For looal War Funds For sundry overseas funds £ 37,599 310 15,874 2,942 142,379 13,183 1,276 50,393 475 1,418 1,016 184 12,249 £ 348,720 6,746 38,231 14,729 329,801 111,421 65,023 178,670 16,455 10,821 3,752 7,824 13,726 Total voluntary subscriptions .. Government contribution to Belgian Relief Funds 279,298 1,145,919 228,145 Grand total .. 279,298 1,374,064

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During the time the permit procedure was in force 9,118 applications were dealt with, covering orders to the value of £4,553,049, and in the majority of cases the representations made were instrumental in establishing the desirability from a national point of view of releasing the goods required. A resolution passed by the Association of the New Zealand Chambers of Commerce expresses on behalf of the commercial community their appreciation of the organization set up to deal with priority-permit applications. Coal-distribution. The matter of coal-supplies has been one of grave concern, and called for the closest attention in order to prevent the Dominion's vital industries being imperilled through lack of supplies. A comparison of the outputs of the New Zealand mines and the importations of coal from overseas during the years 1914 and 1918 respectively clearly discloses the acute position which has had to be faced : — Output. Importations. Total. Tons. Tons. Tons. 1914 .. .. .. 2,275,614 518,070 2,793,684 1918 .. .. .. 2,034,250 255,332 2,289,582 Decrease for 1918 . . 241 ,364 262,738 504,102 It is satisfactory to note that it has been possible to so arrange the allocations of the coal available that no industry has been forced to suspend operations through lack of fuel. Special difficulties which have had to be contended with in regard to importing coal from overseas were the influenza epidemic, both in New Zealand and in Australia, and dso the maritime strike in Australia. Every effort, however, has been and still is being made by representations through, the Secretary of State for the Colonies, the High. Commissioner for New Zealand, the Commonwealth Government, the New Zealand Government Agent in Sydney, and the Overseas Shipping Controllers in the United Kingdom and Australia, to secure as much shippingspace as possible for the carriage of coal both from Australia and America. In order to conserve our supplies it was found necessary to take special action in regard to the bunkering of oversea vessels, and this has had the desired effect. A State Firewood Depot has recently been opened, and the extent to which its supplies are being availed of by the public shows that its establishment was justified. MINING. The value of minerals entered for exportation and of the coal produced in the Dominion during 1918 amounted to £3,688,168, as against £2,496,870 during the previous year. The increase during 1918, however, is due to the higher valuation placed upon the coal. With the exception of silver, mercury, and tungsten ores, a decline was experienced in the production of all minerals. The decline in mineral-production was due to the increased cost of labour and all materials, to shortage of labour, and to the lower grade of mineral won. The State collieries produced 288,119 tons of coal, as against 265,267 tons during the preceding calendar year ; while the profit on State coal business was £30,607, as against £24,466 for the previous financial, year. These results are very satisfactory in view of the low rate at which the coal is supplied to the public. The proportion of deaths from accidents at coal-mines during .1.9.18 was .1-5 per one thousand persons employed and 2-95 per million tons raised. The total output of coal from the mines of the Dominion for the year 1918 was 2,034,250 tons, a decrease of 34,169 tons as compared with the previous year. The decrease in coal-output may be attributed to shortage of labour and stoppage of work owing to the influenza epidemic and labour troubles,

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DEPARTMENT OF LABOUU. Unemployment. During the past year much difficulty has been experienced by manufacturers and others in obtaining sufficient suitable labour. Industrial Conditions. There were a, number of industrial disputes during the year, causing cessations of employment. Many of them were of a trivial nature. The more serious related to strikes of coal-miners. The legislation which was passed last session empowering the Arbitration Court to increase the wages prescribed by awards, where the cost of living had risen since those awards were made, largely removed the cause of the disturbances. In four instances it was found necessary to institute proceedings for breaches of the law. Industrial Unrest. There is no subject which demands more earnest consideration fronrthinking men. and women at the present time than the problem of industrial unrest. The suspicion between employer and employed, with all its consequent evils of direct action and restricted output, must be removed if our country is to secure the best results from industry and ■* becomejthe home of a, prosperous, happy, and lawabiding people. As the result of a Labour Conference held in -July, 1918, a report was issued to the trade-union movement of New Zealand, the study of which I commend to my fellow-members and the public generally. The report recognizes the necessity for some constructive action to meet the present unsatisfactory conditions, and slates that " The hope of the immediate future undoubtedly lies in the intimate and continuous association of both management and labour for the purpose of adjusting differences and for the purpose of promoting the progressive improvement of their industrial service from which alone the national prosperity can be derived," and proposes an organization for the guidance of industry, consisting of a National Industrial Council composed of representatives of employers and employed, with Joint District Councils and Works Committees. The proposals are based on the recommendations contained in reports to the British Prime Minister of a sub-committee of the Reconstruction Committee, generally .spoken of as the " Whitley reports." The British Government adopted the recommendations in the Whitley reports, both for Government industrial establishments and for outside industries as well, and for these latter a considerable number of Joint Standing Industrial Councils, Interim Industrial Reconstruction Committees, and Trade Boards have been brought into existence. As illustrating the purposes for which these organizations have been formed, I refer to the report of the National Joint Industrial Council for the British Coir-mat and Matting Industry, which states the objects:— ' The Council is a Trade Parliament, composed of employers' and workers' representatives in equal numbers. Its primary object is to secure, by association in its government of all engaged in the industry, the advancement in the industry and of all connected'therewith. It will endeavour by the fullest and freest discussion to establish such conditions as shall be equitable as between employer and employed. ' " Meetings of the Council will be held at least once a, quarter, and the following questions, amongst others, will be considered: — " (a.) Wages, hours, and working-conditions in the industry as a whole. " (b.) regularizing production and employment, for reducing the effects of seasonal fluctuations, and for ensuring to the workpeople "-the greatest possible security of earnings. " (c.) sMethods for the settlement of differences between differentJparties in the industry. " (d.) The improvement of the health conditions obtaining in the industry."

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How far the scheme has developed in its application to Government industrial establishments I am unable to say, but the Right Hon. Sir R. Home, Minister of Labour, speaking at a preliminary Conference held on the 20th February, 1919, said, " I want you to know that wherever the Government is in the position of employers, they are agreed that this principle which gives the workmen a share in the management shall be carried out." In view of the developments which are taking place in Great Britain, and understanding that labour in New Zealand desires a conference to discuss the question, I trust* that employers and members of Parliament will seriously consider the proposal. Workers' Dwellings. Owing to the scarcity of labour and the continued high cost of building, only fourteen dwellings were provided during the year. With the approach of more normal conditions it is intended to proceed with the erection of a large number of these dwellings, and arrangements for the first two hundred have already been made. Housing. The question of the housing of the people is receiving the closest attention of the Government, with the object of overcoming the shortage of houses which the lack of labour and building-material has brought about during the war, and which has resulted in the almost complete cessation of building operations by private enterprise. The difficulties created were, unfortunately, accentuated by the recent influenza epidemic. ■ Now that conditions are improving, an endeavour will be made to enable the breadwinner of every family to become the owner of his home on the easiest possible terms. It is therefore proposed to introduce legislation widening the scope of the present law so as to enable local bodies (including Harbour Boards), as well as farmers and other employers in certain essential industries, to undertake their share of this important work. The Bill will include provisions enabling the Government to assist local authorities with the necessary finance for house-building purposes. The Government intends to proceed with the erection of dwelling-houses throughout the Dominion as rapidly as the supply of labour and materials will permit. In order to facilitate the work it has been decided to appoint experts, who will be instructed to devote their attention to investigating and introducing the latest methods of building-construction, NATIONAL PROVIDENT FUND. The number of contributors to the fund at the close of the financial year was 14,000. The annual revenue is now £70,000, and the accumulated funds amount to £260,000. The maternity claims dealt with during the year amounted to £17,643 of which £13,744 was due to approved friendly societies, and £3,899 to contributors to the fund. The amount of £17,000 has been, expended by the Government since the beginning of the war to meet the concession of one-half contributions in respect of contributors on active service as authorized by the 1914 Amendment Act. A noteworthy feature of the work is the increasing number of applications from local authorities for tables of superannuation benefits suitable for staffs, and the movement in this direction indicates that the majority of these bodies will shortly be incorporated in the system provided by the Act. The experience during the recent deplorable epidemic demonstrated in a striking manner the value of the fund's operations in the direction of assisting the dependants of contributors in cases where the wage-earner had died. The fund began operations in 1912, and, consequently, the number of members who had the five-year qualification as "continuous" contributors was not large in 1918, but nevertheless the Board was able to authorize the payment of claims for widows and children aggregating £19,092. With the rapidly increasing membership and consequent development of the scheme it is reasonable to expect most important results to the community in general from this benefit system. An amending Bill will be introduced to carry out the arrangements that have been made with friendly societies in respect to maternity bonuses.

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FRIENDLY SOCIETIES. At the end of the year it was possible to review the measures adopted to assist the societies in their financial difficulties due to the war, and to express in more definite terms the result of the obligation undertaken by Government to maintain the stability of the members' benefit funds. The Government's concession of paying one-half the cost of the mortality benefits of soldier members since the outbreak of war, and which was in 1916 merged m the Departmental Reinsurance Fund, was terminated on the 31st March last, although renewed risks up to that date will have twelve months to run. The cost of the subsidy from 1914 to 1916 by way of votes in aid of the outside reinsurances of the societies was £11,990. In the Departmental Reinsurance Fund, operating since 1916 under mutual agreement between the Government and the societies, there were 11,638 members insured, and; up to date, 1,161 deaths have been recorded. The Government's contribution towards this fund amounts to £24,271. The Government recognized the claims of the societies to consideration on account of the losses to their benefit funds occasioned by the non-payment of contributions by soldiers while absent on service. A grant was authorized which will have the effect of reinstating the funds. Up to the 31st March the amount of £10,117 had been paid to societies'. funds on this account. A further payment of £25,000 will be necessary to meet the liability, and a vote for that amount will be submitted in the current year's estimates. The difficult problem of dealing with the future sickness of discharged soldiers, which is anticipated to be in excess of normal, has also been taken up, and the Government has authorized the establishment of special soldiers' sick funds for the purpose of isolating these risks. Under the social-insurance system enacted in 1916 for the benefit of friendly societies, maternity claims numbering 6,554, amounting to £26,216, have been paid out by the Government since the Ist January, 1917. It is intended to increase this allowance to members of friendly societies from £4 to £6, and raise the income qualification above the rate fixed in the main Act. It will be seen, therefore, that the Government has met the various difficulties of the societies as they have arisen. The value of subsidy and benefits granted during the war period for assistance has readied a total of £97,594, exclusive of the State's liability for soldier excess sickness. The Government's activities have thus covered every war contingency affecting the finance of these societies, and in this connection I may mention that the Government fully appreciates the valuable work carried out by these beneficent institutions, and desires to show that appreciation by granting the help that will assist in the conservation of the benefit funds. DEPARTMENT OF TOURIST AND HEALTH RESORTS. Adverse conditions due to the influenza epidemic and other causes have prevented this Department showing as good a return as was anticipated. However, in face of many adverse influences, the revenue shows a net increase of £450 over that of the previous year. The actual revenue was £33,689, against £32,935 for the previous year. MARINE DEPARTMENT. Lighthouses. The erection of the tower for a new light on Flat Rock, in the Hauraki Gulf, has been completed and the light installed. An Aga automatic light has been ordered for erection on the Ninepins, off Chetwode Islands, and the necessary steps are being taken to procure the required tower. This light will be valuable to vessels engaged in the Wellington to Picton and Nelson trade, and also to other vessels which may have to come in for shelter. It is proposed to make provision on the estimates for the erection of a light of the same kind on an islet inside Mercury Island, for the benefit of vessels trading between Auckland and places in the Bay of Plenty. The erection of a new tower for Dog Island Lighthouse has been completed, and two new houses for the keepers at Tiritiri- Lighthouse have been erected to replace the old ones, which had become decayed.

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Harbours. A beacon has been erected on the Brothers Rock, in the Bay of Islands, and a buoy laid down to mark D'Urville Rock, in the Hauraki Gulf, in place of the beacon which was washed away during a, heavy gale. It was found impossible to obtain a foundation for another beacon as the rock had worn away. A large number of plans of works to be carried out by Harbour Boards has been approved, and the buoys and beacons in the harbours controlled by the Department have been overhauled, cleaned, and painted, and new moorings have been put down where required. Government Steamers. The s.s. " Hinemoa " has carried out the work of attending to the various lighthouses and to all coastal buoys and beacons belonging to the Department. The training-ship " Amokura " has had a full complement of boys during the year, but owing to her condition it was found that she was not fit to go to sea during last season. She has therefore been kept in Wellington Harbour, and the boys have received such training as could be given to them, whilst the vessel was in the harbour. In consequence of thej" Amokura's " condition it was decided to endeavour to obtain another vessel, and the Imperial Government was asked whether it could let the Dominion have one. This request was agreed to, and the commander of the training-ship " Amokura " has been sent to England to select the most suitable vessel from those available. Reports have been obtained in regard to the cost of altering the s.s. ' Tutanekai " to make her fit for cargo-carrying. It was intended to use her for the purpose of mine-sweeping, and the necessary alterations were made, but when the work was completed the Department was not able to get a crew for her, and therefore she was not used for the purpose. The s.s. " Rama " (formerly H.M.S. " Torch ") was lent to the Commonwealth Government for services connected with the war, and she has not yet returned to the Dominion. IMMIGRATION, The facilities of shipping have not become normal, and for that reason the only immigrants arriving at the present time are the wives and families of the members of the Expeditionary Force. The Imperial Government has invited this Government to indicate to what extent we can arrange that soldiers of the Imperial army may be assured of immediate employment and opportunity of settlement if they emigrate to New Zealand. The Imperial Government has been informed that until our own returning soldiers have been provided for we are unable to offer such facilities, but that we hope later to be in a position to request employers to give preference to immigrants who have served in the cause of the Empire over any other class coming to our shores. It is intended, as soon as shipping-accommodation can be secured, to resume with vigour the work of the Immigration Department in England, and to endeavour to secure for New Zealand at least its full share of the best class of those who leave the Mother-country to settle in the distant parts of the Empire. Arrangements have been made to grant assistance to members of the New Zealand Expeditionary Force to enable them to nominate their fiancees for passages to the Dominion. The Immigration Department is co-operating with the Defence Department, each paying one-half of the Government contribution. The Imperial Government is despatching to New Zealand two women delegates to make inquiries regarding openings for women settlers from the United Kingdom. Arrangements are being made to give the delegates every assistance during their visit to New Zealand.

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PUBLIC TRUST OFFICE. The operations of the Public Trust Office for the year ended the 31st March, 1919, resulted in a balance of income over expenditure of £70,155. This is the highest amount earned in any one year, notwithstanding heavy expenditure of an exceptional nature which has been incurred. Of this amount the sum of £33,100 has been allocated to estates and beneficiaries, increasing by one-tenth the interest credited to their accounts during the year. The Assurance and Reserve Fund has been increased by £6,107, and now stands at £222,197. The total reserves of the Office, consisting of invested accumulated profits and office property and equipment on which depreciation has been fully written off, amount to £389,445. Assets and funds in estates and accounts under administration amount to £19,445,901. Of this total, £10,065,027 represents amounts held in the Common Fund or specially invested, and £9,380,874 represents property, real or personal, which has not been realized. Amounts advanced from the Common Fund to local bodies and private mortgagors, together with those invested in Government debentures or in the purchase of office property, total £9,816,108. Branches officered by permanent members of the staff have been opened at Palmerston North, Hamilton, Dannevirke, Taihape, Blenheim, and Timaru. There has been a large increase of business during the year, nearly 4,500 new estates having come into the Office for administration. Office sites have been purchased at Hamilton and Palmerston North, and the erection of office buildings at those centres will be proceeded with when conditions return more closely to normal. The provision of further accommodation at Wellington is urgently necessary in view of the rapid increase in the work of the Office. A marked feature of the year's work has been the large number of soldiers' estates administered. The transfer from the Head Office to District Offices of administration and accounting work connected with estates under the control of the Office has proceeded steadily, and will be made still further effective during the current year. The total amount subscribed by the Office to the war loans is £710,000. INSURANCE OF PUBLIC BUILDINGS. Claims amounting to £846 were made during the year against the special fund established for the purpose of meeting losses on account of public buildings destroyed by fire. Including the annual contribution of £10,000, which was duly paid over to the Public Trustee, the credit balance now stands at £65,008. STATE FIRE INSURANCE. The State Fire Insurance Office has experienced a most successful year. The surplus amounted to £28,472 after providing £1,902 for reserve for unearned premiums, £1,000 for investment fluctuation reserve, and £13,793 for income-tax. 'Phis exceeds the record figures of the year 1917 by £5,871. The amount underwritten totalled £23,900,000; and the net income increased by £B,o7B—from £91,380 to £99,458. During the year the sum of £45,000 was invested in New Zealand war loans. The war-loan investments at the end of the year amounted to £100,000. The accumulated funds at that date stood at £214,020, an increase of £31,375 for the period. GOVERNMENT PRINTING AND STATIONERY DEPARTMENT. . Prices of paper, stationery, and printing materials have been a little easier than was the case last year, and since the signing of the Armistice the shipping position has improved. The Department has had a particularly busy year, and the difficulty of obtaining machinery has intensified the position. To keep pace with the work the best

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machinery available must be installed, and for this purpose a substantial vote is asked. Very little new machinery has been installed since the outbreak of war. The total value of printing for the year (exclusive of stamps) was £159,990, and the value of the stationery supplied was £32,391. EDUCATION. In the year 1914 the Education Act was consolidated and the New Zealand University Act amended. Both, those Acts had been prepared before the outbreak of war in August, 1914, and the Government in its present proposals to Parliament has been forced to take into consideration the changes in conditions caused by the war. especially with regard to the purchasing-power of money. The provisions of the Education Act for grades of salaries of teachers enacted in 1914 cannot fairly be continued under the altered circumstances. Similar considerations apply to the measure of annual grants from the Consolidated Fund for secondary schools and technical schools ; and it is also felt that the claims of the New Zealand University and of the four University colleges to increased grants must be recognized. During the second session of last year the Hon. J. A. Hanan, then Minister of Education, obtained from Parliament, under .section 37 of the Appropriation Act, authority to expend a,n additional sum of £118,000 for the purpose of increasing the salaries and allowances of public-school teachers, Native-school teachers, pupil-teachers, probationers, and training-college students beyond the amounts authorized by the tables to the Education Act. Only one-fourth of that additional amount of £118,000 came to account during the financial year ending 31st March, 1919, and the expenditure for that year was therefore not greatly increased. But the whole of the £118,000 necessarily comes into the expenditure for the present year, and the Government has found it necessary to make provision on this year's estimates for a, further sum of £200,000, thus rendering available during the present year for increases of salaries and allowances to teachers employed and others engaged in primary education a total of £318,000. This addition, together with the increase due to the natural growth, of population and the greater cost of services and commodities, results in the annual charge on the Consolidated Fund for primary education showing an increase in the present estimates of £331,000 in excess of the. estimates of last year. Special increments of the rates of annual, grants to secondary schools and technical schools involve a further sum of £39,000 on the present estimates. Authority for such special increments will be provided by the Education Amendment Act to be introduced this session. With respect, however, to the increases of salaries and allowances to those engaged in primary education, it has been found impossible, within the time available, to amend the provisions of the Education Act, 1914, relating to staffing and salaries, and therefore the precedent created by the late Minister of Education in section 37 of the Appropriation Act of last year has been followed, and power will be sought to make the necessary additions by regulation instead of by statute. The increases will all take effect retrospectively as from the Ist April, 1919. To provide an adequate number of trained teachers inducements to enter and continue in the Education service should not be substantially inferior to those offered in the Public; Service, and an effort has been made to bring the salaries and allowances of men and women engaged in the teaching profession up to approximately that scale. The number of trained teachers now engaged in education is insufficient for the present needs, and such reforms as reduction in size of classes cannot be effected without increase in those numbers. Accordingly this year provision is made not only for higher salaries, but also for the training of a greater number of students at the training colleges and increased allowances to such students. A Bill amending the New Zealand University Act is also proposed, by which the annual grant to the University is increased by £1,000, the annual grants to each of the University colleges by £2,500, with a further £2,500 to the Otago University for its Medical School, and a grant of £2,000 for workers' extension lectures. The increased grants to the Universities a,nd colleges will not commence until the Ist April, 1920, and therefore provision in those respects does not appear upon the present estimates. I have now.to turn from the charges for educational purposes upon the Consolidated Fund to the subject of grants from loan funds for capital expenditure on land and buildings. The method which has- been adopted up to the present time for provision of grants for such purposes has been to appropriate out of the

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moneys to be raised in each year by loan for public works a certain limited part for education purposes, with the result that annually the demands for general public works suchjasTrailways, roads and bridges, and post and telegraph offices, have been brought into competition with the demands for educational lands, buildings, and improvements. The total amounts available for all public works during the past five years have been necessarily limited, and the supply of money for educational grants has been thereby reduced to a far less sum than was necessary for norma,! expansion. The country has therefore to meet an accumulation of unfulfilled past demands for such education purposes as well, as the normal requirements of the present and of the immediate future. New buildings are required throughout the Dominion, and additions to a, large proportion, of the existing buildings are absolutely necessary. To attempt building operations on such a scale as would be necessary to meet all the demands immediately would be to court failure. The Government has decided to ask Parliament to enable specific loans to be raised, for education lands and buildings only, to the amount of half a, million during the present year, and three-quarters of a million during each of the four following years. Tin; analogy of the loans for land-settlement has been followed in the Bill which will be submitted to the House, so that the moneys will be raised as required and as the operations proceed. By this means and without conflict with the activities of the other Departments of State in respect of public, works the Government hopes that full provision can be made for the acquisition of lands and the erection, of buildings to be commenced immediately and to be proceeded with as rapidly as the conditions of supply of labour and of material will permit. Out of the Consolidated Fund provision will continue to be made for maintenance and. upkeep, but it is not proposed to continue the present system of grants to the Education Boards to be held as reserves for restoration of buildings. PUBLIC SERVICE SUPERANNUATION FUND.The total number of contributors to the fund on 31st December last was 14,071, an increase of 287 during the year. The total revenue for the year was £254,860, including members' contributions, £150,899 ; interest, £55,704; Government subsidy, £48,000. The total amount expended during the year was £144,758, which comprised retiring and other allowances, £102,900 ; refunds of contributions, £39,316 ; cost of administration, £2,542. The total number of allowances existing at the end of the year was 1,584, representing an aggregate annual payment of £110,171. The amount of the total fund invested on the 31st December last was £1,125,706. -Teachers' Superannuation Fund. The fund amounted on the 31st December, 1918, to £458,056, as compared with £420,225 on the 31st December, 1917. During the year 1918 allowances totalling £4,571 were granted, the total annual rate at the end of the year being £51,049. The Teachers' Superannuation Board, with the approval of the Government, concluded very satisfactory arrangements with the Public, Trustee for the investment of the fund. On the 3.lst December, 1918, the amount invested totalled £446,421 ; of this sum £59,600 was invested at 4j per cent., £26,161' at 5 per cent., £38,460 at 5| per cent., and £322,200 at 5| per cent. The amount held by the Public Trustee uninvested was £2,003. RAILWAYS SUPERANNUATION FUND. In. my last Budget, presented on the 6th August, 1914, the Committee was informed that as a result of an investigation the Actuary reported it was necessary to provide an additional £25,000 per annum for the next three years to make the Railways Superannuation Fund sound, and that at the expiration of three years a, further investigation should be made. In accordance with the recommendation of the Actuary, an extra £25,000, making in all £50,000, was provided on the estimates for the year 1914-15, and this sum was duly paid. Shortly after taking over the duty of Finance Minister on the Ist September last the General Manager of Railways reported tha,t the accumulated funds had

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declined from £377,585 in 1917 to £363,804 at 31st March, 1919, a decrease of £14,000 in two years ; and that during the same period the liability of the fund to the contributors had increased by £64,800 in respect of cash contributed. He further stated, that " it was imperatively necessary that steps be at once taken to stabilize the Railway Fund without further delay," and he strongly recommended " the sum of £.1.50,000 be paid to the credit of the fund this year, and that future payments by way of subsidy should be £50,000 per annum." The General Manager's communication was at once referred to the Actuary, who has reported that it will take some time to collect the necessary data and make the valuation, and he recommends an immediate increase in the subsidy of £50,000, making an annual contribution of £75,000 instead of £25,000, and that the matter be reviewed and adjusted when the result of the actuarial investigation is available. The sufficiency of the fund is guaranteed by the State, but in order to remove any possible feeling amongst the Railway employees as to the stability of the Superannuation Fund, and to assure them of the readiness'of the Government to keep it sound, the extra £50,000 will be provided on this year's estimates, and instructions will be issued for an actuarial investigation as early as possible. PUBLIC SERVICE AND TEACHERS' SUPERANNUATION FUNDS. The annual contributions to the Public Service Superannuation Fund in accordance with the Actuary's report of the 25th May, 19.18, for the triennial period ended 31st December, 1916, was increased from £48,000 to £86,000 under the authority of section 26 of the Appropriation Act, 19.18. By section 25 of the same Act the subsidy to the Teachers' Superannuation Fund was increased from £17,000 to £43,000 in accord with the Actuary's report, of the 22nd September, .1917, for the triennial period ended 31st December, 1916. It was clear from the reports that the Actuary intended the increased subsidy should be made for the years 1917, 19.18, as well as for 1919. The amount of subsidy short-paid for the two years is £76,000 for the Public Service Superannuation, and £52,000 for the Teachers', or a total of £128,000. I am making further inquiry with regard to tin's shortage, and, if found necessary, will make provision by appropriation before the session closes. BOARD OF TRADE, During the year the Board of Trade was mainly concerned with the purchase and. distribution of New Zealand wheat, and the handling of the purchase of wheat by the Government to make up the local shortage ; an exhaustive inquiry into the coal-mining industry; the preparation and administration, of the scheme for the control of the timber industry with a view to the satisfaction of the New Zealand requirements before export was permitted ; the preparation and administration of a scheme, in conjunction with the Munitions and Supplies Department, for the importation, distribution, and sale of petrol ; the administration of schemes for the control of. prices of those commodities which in the-opinion of the Government it was necessary in the public interest to control. Details of the Board's work and. of the operations herein referred to will be found in the annual report of the Board of Trade, which will be laid before you in due course. A separate report on the coal industry, containing full, information on the various phases of the coal-mining industry, has been, issued and will be laid before you. The Board in its annual report draws attention to the need for extension, of its powers and functions to meet the difficult problems that will arise during the reconstruction period, and also as part of the permanent peace poi'.cy. If the Board is to achieve the purpose for which it was created it is essential that its functions should be enlarged and its powers extended. Especially should it have the power to obtain full information, regarding the operations of any trade or industry which it has to investigate, and to publish, in its discretion, such, facts as should be made known in the public interest,

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PENSIONS.

The amounts paid for pensions, other than recent war pensions, during the year are as follow :— Statutory Allowance under Total Pensions. Finance Act. Pensions. £ £ £ Old-age pensions .. .. 482,438 260,605 743,043 Widows'pensions .. .. 44,714 36,058 80,772 Military (Maori War) pensions .. 39,477 11,033 50,510 . Miners'pensions .. .. 10,722 2,555 13,277 Totals .. .. £577,351 £310,251 £887,602 The pensions paid show an increase over last year in every class except Maori War pensions, but taking the actual statutory pension, as apart from the war bonus under the Finance Act, 1917, the only increase over last year is in the widows' pensions, and this is due to the recent epidemic. The actual variations are as follow :—■ Decrease. Increase. £ £ Old-age pensions .. .. .. 19,647 - Widows'pensions .. .. .. .. 2,728 Military (Maori War) pensions .. .. 5,363 Miners' pensions .. .. . . 1,246 Against the total payment of £887,602 must be credited £38,234, including £32,647 from national endowments on account of old-age pensions, and £4,425 from gold duty in respect of miners' pensions, leaving a net charge of £849,368 against the State. Under the provisions of the Finance Act, 1917, the bonus granted under that Act to old-age, widows', military, and miners' phthisis pensioners continues till twelve months after the termination of the war, which is a, day to be fixed by Proclamation. It will be seen, therefore, that the payment of the bonus can be continued until late in 1920 without further legislation. It is considered desirable to defer the necessary legislation till it can be considered by a new Parliament next session. Amending and consolidating legislation, therefore, will be introduced next session to deal with the bonus, and to remove various anomalies which from time to time have been pointed out. The annual liability in respect of each class of pension, the total number in force at close of year, and the amount of the average pension are set out hereunder : —■ Number in Force q, i_ l i n __ Allowance . at 31st March, V> • ~ under Finance Total, -r, . * iqiQ Pensions. . Pension. £ &' £ £ Old-age pensions .. .. 19,872 473,574 258,336 731,910 36 Widows'pensions .. .. 3,211 65,860 46,758 112,618 35 Military (Maori War) pensions 1,040 37,440 10,374 47,814 45 Miners'pensions .. .. 240 10,120 2,483 12,603 52 Totals.. .. .. 586,994 317,951 904,945 Except in the case of widows' pensions there has been a decrease during the year by deaths and cancellations as compared with new grants, as shown in the undermentioned table : —■ New Grants. r , ~ ~ Increase. Decrease. Cancellations. Old-age pensions ..2,235 2,323 .. 88 Widows'pensions .. 1,349 330 1,019 Military pensions .. 12 125 .. 113 Miners'pensions ~ 82 112 ~ 30

IV—B. 6,

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WAR PENSIONS. In the gross payments under this head there has been, as was of course expected, a heavy increase in the total. The figures are as follow : — 1917-18. 1918-19. £ £ Payments made in New Zealand .. 495,060 1,159,455 Payments made in London . . ~ 12,567 28,623 Payments made in Australia, . . 2,925 10,870 Payments made in Canada, .. . . . . 192 Other foreign payments .. . . 294 295 Allotments paid after casualty . . 4,494 120 Lump sums . . . . . . 105 200 Sundry . . . . . . .. 2 Totals .. ~£515,447 £1,199,755 The total new claims to date, including those lodged during the year, are : — From Soldiers. From Dependants. Prior to the 31st March, 1918 .. .. 12,904 6,452 For year ended the 31st March, 1919 .. 14,749 5,292 Totals .. . . ..27,653 11,744 The annual liability at the 31st March, 19.19, was £1,615,827, and the average pension is £59. The following table, shows the various classes of pension n force at end of -year : — Number AnnUa] Average Value. Pension. £ £ Permanent pensions to soldiers .. .. 1,316 69,669 53 Temporary pensions to soldiers .. .. 18,329 1,097,303 60 Temporary pensions to dependants (including 1,240 children) .. .. .. 1,076 55,940 52 Pensions to widows (including 2,209 children) 1,970 233,451 119 Pensions to other dependants .. .. 4,736 159,464 34 27,427 1,615,827 59 The pensions granted to date, and the annual value thereof, are as follow: — Number. Annual Value. £ 1915-16 .. .. .. 1,214 56,488 1916-17 .. .. .. 5,316 285,707 1917-18 .. .. .. 10,587 . 780,057 1918-19 .. .. .. 16,954 1,167,081 34,071 £2,289,333 f It is estimated that an. expenditure of £2,000,000 under this head will have to be provided for during the current year. DEPARTMENT OF IMPERIAL GOVERNMENT SUPPLIES. The purchase of the Dominion's primary products by the Imperial Government has been continued during the past year. The contract for the purchase of frozen meat commenced on the 3rd March, 1915, and from that date to the 31st March, 1919, the following shipments were made : 2,452,259 quarters beef, 8,392,329 carcases mutton, 9,864,344 carcases lamb. The Imperial Government agreed to extend the contract for the purchase of frozen meat to the 30th June, 1920, under the existing terms with an additional condition to the effect that if there should be any accumulation of meat in store on the date mentioned the meat purchased by the Imperial Government should have

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preference of shipment over meat killed subsequent to the 30th June, 1920. The Imperial Government also assumes ownership of the frozen meat after it has been in store six weeks, and provision is made for the payment of an advance of 75 percent., the balance of 25 per cent, being paid when shipment is effected. The requisition of sheep-skins commenced on the sth February, 1917, and since that date to the 31st March, 1919, 4,082,415 skins have been purchased and distributed to fellmongers for treatment. During the term of the requisition of hides, which ceased on the 28th March, 1918, 370,508 hides were purchased. These figures include hides obtained from killings to the 28th March, and valued at a subsequent date. The 1918-19 greasy-wool clip was purchased by the Imperial authorities on the same conditions as for the previous year, and since the commencement of the wool requisition in December, 1916, the total quantity of greasy wool paid for amounted to 1,518,591 bales, valued at £36,814,755. In addition, since the 31st March, 1917, 68,959 bales of freezing companies' slipe wool have been purchased for valuation in the United Kingdom, and 63,201 bales have been purchased under New Zealand valuations, the payments to date totalling £3,660,957. The allotment of scouring-wool during the 1918-19 season was more than double the quantity scoured annually prior to the inception of the requisition, the increase having been made in accordance with the instructions of the Imperial Government to save shipping-space. Satisfaction has been expressed by the Imperial Government at the quality of the work carried out by the New Zealand wool-scourers. The conditions for purchase of the 1918-19 seasons output of cheese were similar to those obtaining during previous years, the price being fixed at lOfd. per pound f.o.b. for first-grade cheese, and 10|-d. per pound f.o.b. for second-grade cheese. The cost of storage was to be paid by the Imperial Government if the cheese remained in store over an average period of two months. 217,937 crates of this season's cheese were shipped to the 31st March, 1919, whilst the shipments since the inception of the requisition on the 4th November, 1915, total 1,677,628 crates, and total payments £12,738,052. The arrangements for purchase provided for the payment of an advance of approximately 90 per cent, after the cheese had remained in grading-store over a period of fourteen days, and payment of the balance on shipment. The purchase price for the 1918-19 and following season's butter-output was fixed at 181s. per hundredweight for first-grade creamery butter. The price for second-grade was arrived at by a deduction of 6d. per hundredweight for each half grade-point by which the butter fell below first-grade. Whey, dairy, and milled butter was also included in the purchase at relatively reduced prices. 647,139 boxes of this season's butter have been shipped. From the commencement of the requisition, operations (20th November, 1917) to the 31st March, 1919, the shipment of butter totalled 1,371,296 boxes, and payments £5,651,619. The purchase of scheelite commenced on the 20th September, 1915, and to the 31st March, 1919, 690 tons were shipped, valued at £135,213. Under the terms of the requisition the Imperial Government contracted to purchase all scheelite produced in the Dominion during the period of the war and for six months thereafter, but in March, 1919, the Imperial Government intimated its intention to cancel the contracts for scheelite from all parts of the Empire, and to accept only that shipped to the 30th April, 1919. It was proposed to take this action in view of the fact that stocks in the United Kingdom and afloat were sufficient for requirements for a period of eighteen months, and the Ministry was of opinion that if contracts were continued and production thus stimulated, stocks would accumulate to such an extent that the position at the expiration of the contract would have the effect of completely closing the Home market to Empire producers. The Imperial authorities promised that full consideration would be given to claims for losses resulting from the cancellation of the contract, and propos d that producers' claims for compensation should be based on the probable production of scheelite for the duration of the war and for six months thereafter, and the probable profit per ton which would have accrued had the estimated production above referred to been obtained. This offer was submitted to the producers who expressed the opinion that the specific performance of the contract was the only course to be adopted which would operate fairly in the producers' interests, in view

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XXVIII

of the impossibility of ascertaining even an approximate estimate of the probable output on account of the erratic and uncertain disposition of the scheelite in the claims. Negotiations are still proceeding with, the Ministry of Munitions, and it is expected that a basis of settlement satisfactory to producers will shortly be reached. The total payments made by the Department from the 3rd March, 1915, to 31st March, 1919, amount to £95,909,600, made up as under : — £ Frozen meat .. .. .. .. .. 32,869,318 Cheese , .. .. .. .. .. 12,738,052 Butter .. .. .. .. ..5,651,619 Scheelite .. .. .. .. .. 135,213 Wool .. .. ' .. .. .. 40,475,712 Sheep-skins .. .. .. .. .. 1,581,413 Hides .. .. . . .. . . 725,339 Other business ~ ~ .. .. 1,732,934 £95,909,600 SAMOAN ADMINISTRATION. The impending change of the administration from war conditions to civil control affords me a fitting opportunity of reciting shortly the course of events in Samoa since the islands were captured by our first Expeditionary Force in 1914. From that event up to the 31st July, 1919, the total expenditure incurred by New Zealand on behalf of Samoa amounted to £413,303. The first important step after our military administration was established was the liquidation of the businesses hitherto carried on by enemy nationals. The principal of these was the Deutsche Handels und Plantagen Gessellschaft, more commonly known as the D.H. and P.G. The administration of these businesses has been very successful. Up to the 31st August last, accumulated profits arising out of the administration to the extent of £157,995 have been remitted to New Zealand and invested in war debentures and New Zealand inscribed stock at 4| per cent, interest. The accumulated interest now amounts to £8,034. In addition, the Liquidator is at present holding in Samoa further accumulated profits to the value of £25,000. These moneys, in accordance with the provisions of the mandate conferring authority on New Zealand to govern German Samoa, will be held in this Dominion as part of the reparation-money due by Germany. In July, 1915, steps were taken to convert the German currency into British currency. The Administration took over German notes to the value of 695,525 marks, silver and nickel to the value of 723,765-95 marks, and gold to the value of 86,580 marks, or a total German currency of 1,505,870-95 marks. This was sold for £59,127, which sum is held as a reserve against the note-issue. The rate of exchange arranged was 20-60 marks to the pound sterling, so that on this basis the loss on the conversion amounted to £13,974. This loss has been made good out of the surplus profits held by the Sanioan Administration. In order to facilitate commerce and exchange between New Zealand and Samoa, a branch of the Bank of New Zealand was opened in Apia on the 22nd April, 1915, and £100,000 worth of Bank of New Zealand notes were overprinted and forwarded to Samoa. Of this amount £47,000 were issued in Samoa, and £53,000 have since been returned to New Zealand, and are now held here by the bank for cancellation. On the return to New Zealand of the Expeditionary Force the military establishment in occupation at Samoa was fixed at a, total of 398 officers and other ranks. At the present time the normal establishment is 239 officers and otherranks, but the actual number of troops, including the Commander-in-Chief and his staff, is 129 of all ranks, or 110 below strength. The maintenance of this Force has been necessary for the preservation of order, but this Military Force will be demobilized and will be replaced by civil police as soon as civil control is established. The future control of Samoa is now definitely vested in New Zealand as the mandatory power approved by the League of Nations. The actual text of the mandate conferring jurisdiction on this Dominion has not yet been received, but sufficient is known to warrant me in saying that the Dominion will be given full

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jurisdiction and authority to govern Samoa as if it were an integral part of New Zealand, subject only to conditions and restrictions that may be expressed in the mandate, and legislation to enable the Government to provide for the peace, order, and good government of Samoa will be placed before Parliament this session. As soon as the mandate is received the Administration will be empowered to dispose of the land and estates of enemy nationals in the ceded territory. Hitherto the Administration has only been authorized to dispose of businesses. The method of disposal has not yet been decided, but there arc three alternatives : — (a.) Sale to a company strong enough to purchase and work them ; (b.) Subdivision and sale to individuals ; (c.) Purchase by the Crown for lease either as a whole or in subdivisions. Already inquiries have been made on behalf of syndicates in New Zealand, Australia, and the United Kingdom. The Administrator has reported that certain public utilities and works are urgently required. The Government has been unable to deal with these matters up to the present owing to the uncertainty as to the control of the islands, but now that our future jurisdiction is assured it is intended to proceed forthwith with the most urgent of these works, and authority has been granted for the expenditure of £30,000 on waterworks and sanitary drainage. Immediate provision should be made for these two essential services. The money for this purpose is being provided by the Liquidator from the accumulated profits arising from the administration of enemy estates held by him in Samoa, and is being advanced as a loan at 4|- per cent, interest with 1 per cent, sinking fund. During the period of occupation the Administration has also allocated an average of £15,000 per annum out of the Revenue Account for capital expenditure on development and other works. COOK ISLANDS. His Excellency the Govern or-General, accompanied by the Minister for the Cook Islands, recently paid a visit to Samoa and the Cook Islands, and there is no doubt the visit will have beneficial effects. During the year the wireless installation was completed and opened for public; use The installation has proved of great value, and the returns from business are very satisfactory. A school has been opened at Avarua, and there are now three schools at Rarotonga under the direction of European teachers and one under a Native teacher. A school has also been opened at the Island of Mangaia under a, European master. The influenza epidemic was felt in a comparatively mild form in the Cook Group, and Niue Island was not affected at all. PUBLIC SERVICE. Honourable members are aware that last session provision was made for a complete revision of the salaries and wages of public servants. During the recess this important and necessary work has been carefully undertaken. As a result the departmental votes for salaries disclose such substantial increases as to dispense with the necessity of providing for the payment of a special war bonus to meet the increased cost of living. This increase in the pay of public servants is not only in keeping with the general advance in the ruling rates paid for all classes of labour, but is a just recognition of the excellence of the work carried out by all departments and branches of the Public Service during the heavy strain of the past five years ; and I am sure honourable members will be pleased to note that the status of those public servants who went on active service has been carefully preserved, and that in almost every instance the State employee on his return from the front will tako up his duties under improved conditions as regards pay.

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XXX

FUTURE OBLIGATIONS. The attention of honourable members has already been called to the pressure brought to bear upon the Government to provide for an expenditure beyond the capacity of the country to meet. I desire to repeat that warning, and further to state that there was never a time when the necessity for national thrift was greater than at present. Our future obligations are particularly heavy, especially the permanent charges established against the revenue of the Dominion as a result of the war. Interest and sinking-fund charges and war pensions are also very heavy, and have not yet reached their maximum. The requirements for public works, and the expenditure necessary to promote the development of education, and of agricultural and industrial pursuits, must not be lost sight of. Our finance must be established on a solid basis, for without sound finance national progress is impossible. HYDRO-ELECTRIC SUPPLY. The continued success of the Lake Coleridge hydro-electric supply system has been of the greatest significance (particularly during the recent coal-shortage) in maintaining the industries and domestic conveniences of the district supplied and in reducing the demand for coal. The plant is now overloaded, and it is proposed to complete the installation up to the capacity of the existing headworks (16,000 horse-power) as soon as the necessary materials can be obtained, and to push on with the extensions to South Canterbury, as well as the necessary surveys for other power services in the South Island. For these works a sum of £100,000 will be provided. In the North Island the Mangahao works (24,000 horse-power), for the supply of the Wellington Province, are in hand, and will be pushed on energetically. For the Auckland Province investigations are being carried out at Arapuni Rapids, on the Waikato River, where it is proposed to develop up to a capacity of 96,000 horse-power, with transmission-lines extending northwards to Auckland, and ultimately joining up with Wairua Falls power-station at Whangarei, eastward to Rotorua, Whakatane, and Gisborne, ultimately joining up to the Waikaremoana power system, and southward via the Main Trunk Railway line to join up with the Mangahao system at Palmerston, and via the Stratford-Ongarue Railway to New Plymouth. For these works a sum of £500,000 will be provided during the current year. Proposals by certain local bodies are under consideration for the development of hydro-electric power in several parts of the Dominion, hut no decision has yet been arrived at, except in the case of Southland, where the local scheme has been taken in hand vigorously. The hydro-electric works at llorahora have been acquired by the Government from the Waihi Gold-mining Company, thus enabling electric power to be supplied very shortly throughout the Waikato and surrounding districts. RESULT OF THE YEAR'S OPERATIONS. Consolidated Fund (Ordinary Revenue Account) — £ Balance brought forward on Ist April, 1918 .. .. II ,560,788 Receipts during year — £ £ Revenue .. .. .. 22,306,444 Other receiptsRecoveries on account of previous years .. .. .. 45,928 22,352,372 Expenditure during year —- Appropriations .. .. .. .. 18,673,599 ■ 3,678,773 Balance on 31st March, 1919 .. .. .. £15,239,561

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XXXI

FINANCIAL RESPONSIBILITIES. To BE PROVIDED BY LOANS. The following table indicates generally the loan-moneys required during the twelve months commencing Ist September, 1919, also the unexhausted authorities for borrowing already provided, or to be provided this session, the cash balances available at that date, and the sources from which it will be necessary to secure the loans.

In addition to the above new requirements the Treasury will also have to raise money to carry on the development-works and other State activities now in progress throughout the Dominion. Accumulated Surplus. It is not, in my opinion, wise to raise the £12,500,000 required for discharged soldiers settlement by public subscription in New Zealand, nor is it feasible to float a loan for the purpose outside New Zealand. I purpose, therefore, to provide this amount from the accumulated surplus, which it is hoped will be restored to the full amount, £15,239,561, by the 31st March, 1920, leaving a balance after making this provision of accumulated surplus £2,739,561. The Reserve Fund securities, which at present amount to £800,000, have proved of great assistance during the war-time, and it is, in my opinion, advisable to strengthen these securities by utilizing £1,200,000 of the remaining accumulated surplus in order to bring the total Reserve Fund securities up to £2,000,000.

For Y. iar ending 31st August, 1920. Requirements. Yields Interest to Amount. Cash in Unexhausted Hand and Authority, &c., and New Imprest, 1st Authority. September, 1919. Cash in Source of Hand and Supply. Imprest, 1st September, recoup Consolidated Fund. For cost N.Z. Expeditionary Force and treatment of sick and wounded, repatriation, &c. 1919. £ 8,775,000 £ £ 7,914,788* From the public in New Zealand No. Gratuities and allowances Discharged soldiers settlement 6,050,000 12,500,000 Finance Acts (191.8), 7,914,788* £15,695,215, of I which £10,000,000 is now being raised in New Zealand Discharged Sol- 1,420,860 d i e r s Settlement Loans Act, 1919, £11,079,140 Discharged Sol- Nil d i e r s Settlement Loans Act, 1919, £2,000,000 1,420,860 1,420,860 Surplus revenue (see paragraph following) Nil From the public in New Zealand Yes. Land for settlements on account of soldiers 2,000,000 Nil Yes. Total for soldiers .. 29,325,000 Public works Education buildings, &c. 500,000 500,000 £2,090,000 435,689 To be provided 1919 Nil (£500,000 for current year and £750,000 for subsequent years) 435,689 From the public in New Zealand Nil From the public in New Zealand 435,689 Nil No. No. Total £30,325,000 * A considerable portio: iers have not yet reached the Tr of this has alrci ,dy been spent, but vouol ■easury.

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XXXII

I propose that the balance of the accumulated surplus, £1,539,561, be carried forward either to strengthen the Consolidated Fund during the early months of the financial year when the revenue is insufficient to meet the expenditure, or to be available for investment in loans required for land-settlement for soldiers and authorized by the Discharged Soldiers Settlement Loans Act, 1919, or other purposes in connection with the war, should any difficulty present itself in raising money in New Zealand or elsewhere. TAXATION. It would have been a great pleasure to me to have been in a position to announce this year some reduction in the heavy burden of taxation; the estimates of revenue and expenditure, however, make it clear that this must be postponed, nor has there been time for me since I took over the portfolio of Finance to consider anomalies which may exist and make readjustments. I trust, however, that the time is not far distant when by the increase in population and a return to the more normal rate of expenditure some relief may be afforded to the taxpayers of the country. ESTIMATES OF REVENUE, 1919-20. When the draft Budget was placed in my hands on the Ist September last the estimated expenditure exceeded the estimated revenue by £934,000 with the supplementary estimates yet to come; Heads of Departments were asked to meet me, and as a result of their loyal co-operation I am pleased to report that the estimated expenditure was reduced by approximately £400,000. Provision for increased expenditure on account of the Education Department, which would have been postponed for the supplementary estimates but which is now included in the main estimates, reduced the £400,000 'to £200,000. As a result of experience of the revenue received during the five months of the financial year it is gratifying to note that the estimated revenue for the year will be larger than was at first anticipated. For the year 1919-20, under the main heads of each of the important Departments, T estimate the revenue at — £ Customs .. .. .. .. .. 4,400,000 Railways .. .. .. .. .. 5,000,000 Stamp and death duties . . . . . . . . 2,460,000 Post and telegraph .. .. .. .. 1,910,000 Land and income tax .. .. .. .. 7,360,000 Beer duty .. .. .. .. .. 270,000 Registration and other fees .. .. .. 110,000 Amusement-tax .. .. .. .. 40,000 Marine .. .. .. .. .. 58,925 Miscellaneous .. .. .. .. .. 962,600 Territorial revenue .. .. .. .. 194,300 Endowment revenue .. .. .. .. 108,340 Other receipts .. .. ~ .. .. 45,000 £22,919,165

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XXXIII

I estimate a surplus for the year 1919-20 of £478,108, which is available for the supplementary estimates, and is made up as follows : — £ Estimated revenue, 1919-20 .. .. ~ 22,919,165 Estimated expenditure .. .. .. 22,441,057 Available for supplementary estimates .. £478,108 TREASURY FINANCE. For the convenience of honourable members I summarize the most important items relating to the financial operations of the Treasury :— War-loan moneys raised in the Dominion, as at 30th June, had reached a total of approximately £43,761,655 ; approximate cost of raising. one-half of 1 per cent. Investments in London increased to £16,804,384, as at 31st March, 1919. Ordinary revenue reserve increased to £12,021,529, as at 31st March, 1919. Redemptions and renewals effected amounting to £1,705,265. Net surplus of year's revenue, £3,678,773. Total accumulated surplus on 31st March, 1919, £15,239,561. Total lodgments to Public Account, year 1918-19, £72,440,211, as compared with £17,120,240 for the year 1913-14. Total disbursements from Public Account, £74,184,737 for 1918-19, as compared with £17,106,489 for the year 1913-14. Customs revenue, £330,681 above estimate. Public-works expenditure, £1,207,921. Income-tax receipts increased by £599,775. Land-tax receipts increased by £126,985.l 26,985. Stamp revenue increased by £232,759. Excess of Post Office Savings-bank deposits over withdrawals, £3,162,263. Thirty-one estates purchased for discharged soldiers, making a total area of 507,890 acres thrown open for settlement. £831,420 authorized for soldier settlers by way of financial assistance. £318,752 authorized as advances to discharged soldiers engaged in town vocations to purchase homes. 34,071 war pensions granted to 31st March, 1919, representing an annual value of £2,289,333. . Total payments to producers for supplies purchased on behalf of the Imperial Government, £95,909,600. War expenditure to 30th June, 1919 (including £4,095,911 imprest advances to meet commitments), £66,118,045. PROPOSALS. I also place in concise form the new proposals submitted to honourable members : — £50,000 additional subsidy to Railways Superannuation Fund. £600,000 to be provided for Government hydro-electric schemes. Increased payments to Government employees. Teachers' salaries to be increased. Additional provision to be made for school buildings, &c. Provision for workers' dwellings. £2,000,000 for war pensions. £2,090,000 for public works. Loan for soldiers' land-settlement, £14,500,000. Educational, curative, and vocational training to be provided for. War gratuities and allowances to soldiers, £6,050,000. War memorial, £100,000. Total additional amount required fox Expeditionary Force, £29,325,000. Allowances to be granted to widows and children of epidemic victims.

v—B. G.

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XXXIV

GRATUITIES, ALLOWANCES, ETC. Proposals with regard to gratuities, allowances, pensions, (fee, to members of the Expeditionary Force and. others were submitted to the House on Friday night last. Payment of gratuities and allowances will be provided for out of the loan authorities granted last year on account of which .£ 10,000,000 is now being raised. CONCLUSION. Twice in the last five years it has fallen to my lot to deliver the Financial Statement—namely, on the 6th August, 1914, and to-day. Many anxious moments have passed during the interval, but we never lost confidence in the justice of our cause and the ultimate success of our arms. The Statement made this day is the first delivered since the signing of Peace, and the occasion seems opportune to place on record the fact that this country fulfilled all its obligations to the Mother-land, and never failed to supply its own Expeditionary Force with adequate support right up to the signing of the Armistice. It may fairly be claimed that the assurance of this practical sympathy and support did much to assist our soldiers in securing the splendid reputation which they have earned, and which we may rightly look upon as one of the most valuable assets this country possesses. This has not been achieved without serious loss, serious not alone on account of the sad hearts of relatives and friends who mourn the dead, but also because it will be very difficult to replace the loss of those who, had they been spared to return to their homes, would have been associated witb us now, and later on would have taken our place in endeavouring to solve the many complex problems with which this country is called upon to deal. We can and ought to do something to perpetuate the memory of the men and women who gave their lives for the benefit of those of us who remain to share in the blessings of what we hope will prove to be a lasting peace. It is proposed, therefore, to set aside this session not less than £100,000 to erect a national memorial, designed and carried out by the best talent available, which will perpetuate for all time the memory of those who with self-sacrificing devotion gave their lives to save the Empire, and will be a constant reminder that there is no nobler duty than to sacrifice self in the service of all.

8.—6.

TABLES TO ACCOMPANY THE FORE(iOIN(i STATEMENT. Page Table No. I. -Abstract of Receipts and Expenditure of thk Financial Year ended 31st March, 1910 2 'I'able No. 2.—The Public Debt on 31st March, 191!) .. ... .. .. ... .. 53 Table No. 3. —The Debt transferred to the New Zealand State Advances Office at ;Ust March, 1919 .. .. .. .. .. .. .. .. (IS TaBI.II No. 4.—STATEMENT OF THE ESTIMATED LIABILITIES OF THK CONSOLIDATED FUND OUTSTANDING ON 3i st march, 1908 to 1919 inclusive .. .. .. .. .. - . . 07 Table No. s.—Statement of the Estimated Liabilities of the Public Works Fund and other Accounts OUTSTANDING ON .'{IStMaRCH, 1908 TO 1919 INCLUSIVE .. .. .. . . (18 Table No. 6.—Statement showing the Total Ways and Means of the Public Works Fund and the Total Net Expenditure to 31st March, 1919 .. .. .. .. ..70 Table No. 7.—Estimated Expenditure of 1919-20, compared with the Actual Expenditure of 1918-19 71 Table No. B.—Estimated Revenue of 1919-20 compared with the Actual Revenue of 1918-19 .. 71 Table No. 9.—Statement showing the Amount charged to " Onauthori/.ed " in each Financial Yeah from Ist July, 1875, to 31st March, 1919 .. .. .. .. ..72 Table No. 10. —Statement showing the Financial Position of the Dominion on the 31st March. 1919, compared with the 31st maboh, 1918 .. .. .. 73

I—B. 6.

b.—a.

2

Table No. 1. STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918.

! ! 1917-1918. RECEIPTS. 19181919. £ a. d. £ a. d. £ s. d. 2,298,042 18 6 27,670 2 7 222,571 2 11 429 S 2 8,409 5 10 8,917,731 fi 2 Balanoe at beginning of Year,— Cash in the Publio Account .. .. ' .. Imprests outstanding — In the hands of Officers of the Government In London On account of Imperial Pensions On aocount of other Governments Investment Aocount 2,593,151 7 S 48,658 2 2 131,960 14 2 2,406 9 8 14,230 10 5 8,770,380 8 4 6,474,854 0 2 11,560,787 12 2 3,364,308 3 0 1,892,014 8 4 1,886,255 15 8 1,385,708 0 2 5,619,560 16 11 237,075 3 5. 4,608,223 7 11 101,249 5 2 38,052 11 4 718,436 12 4 Ordinary Revenue, — Customs Stamp and Death Duties Postal and Telegraph Revenue Land-tax Income-tax Beer Duty Railways Registration and other Pees Marine Miscellaneous 3,830,681 7 2 2,124,772 2 5 1,904,811 8 8 1,512,693 0 6 6,219,335 17 4 273,334 4 3 4,975,445 3 2 111,993 7 8 35,151 3 3 946,668 9 0 .9,860,893 18 10 21,994,886 3 5 205,648 11 2 Territorial Revenue, — Pastoral Runs, Rents, and Miscellaneous 202,733 19 7 100,492 13 10 National Endowment Revenue .. .. .. .. .. 108,824 5 5 22,306,444 8 5 10,167,020 3 10 36,035 7 8 3,166 6 7 Recoveries on account of Expenditure of Previous Years Unauthorized 45,927 15 0 45,927 IS 0 39,201 14 3 7,500 0 0 Temporary transfer to the Rangitaiki Land Drainage Acoount under Section 56 of the Public Revenues Act, 1910, now restored to the Consolidated Fund Repayment of Temporary Advanoes to Deposits Acoount, Dairy Companies Advances Account, on account of Butter and Cheese purchased by the Imperial Government 600,000 0 0 £27,288,575 18 3 Totals £33,913,159 15 7

B-.S-6.*

3

ORDINARY REVENUE ACCOUNT.

1917-1918. EXPENDITURE. 1918.919. . _____ J £ s. d. £ s. d. Permanent Appropriations,— Civil List.. .. .. .. .. .. .. .. .. j 28,668 15 5 Interest and Sinking Fund.. .. .. .. .. .. ..6,086,768 19 10 Under special Acts of the Legislature .. .. .. .. .. 726,047 4 1 Subsidies paid to Local Bodies .. .. .. .. .. .. 140,808 19 4 Amounts paid over to Looal Bodies and to Deposit Accounts— Payments under the Land Acts .. .. .. .. .. .. 46,576 6 7 Endowments— New Plymouth Harbour Board .. .. .. .. .. .. 6,296 10 5 Greymouth Harbour Board .. .. .. .. .. .. 6,449 19 11 Westport Harbour Board .. .. .. .. ... .. . 28,848 10 11 National Endowment Residue .. .. .. .. .. .. 108,824 5 5 Pensions Aot, 1913 — Old-age Pensions .. .. .. ... .. .. ..I 709,335 17 7 Widows'Pensions .. .. .. .. .. .. .. 80,669 18 1 Military Pensions .. .. .. .. .. .. .. 50,510 10 7 War Pensions Aot, 1915 .. .. .. .. .. .. .. 1,199,544 7 8 £ a. d. 27,673 14 2 1,430,779 1 9 621,257 14 11 139,213 7 0 48,831 7 5 7,539 8 4 18,359 17 11 43,151 9 8 100,492 13 10 612,463 4 0 57,931 8 2 50,733 8 1 515,383 12 10 6,668,810 8 1 9,218,850 6 10 41,797 8 2 132,895 10 6 1,487,144 15 6 3,067,657 13- 4 99,392 13 11 24,242 7 11 485,427 15 2 26,613 5 5 249,747 3 8 225,700 17 1 48,732 13 3 428,112 10 1 Annual Appropriations,— Class I.—Legislative Departments .. .. .. .. .. 36,728 14 10 II.—Departments of Finanoe ... .. .. .. .. ,167,237 2 2 III.—Post and Telegraph Department .. .. .. .. 1,699,701 5 7 IV.—-Working Railways Department .. .. .. .. 3,415,595 5 5 V. —Publio Buildings, Domains, and Maintenance of Roads .. .. 121,383 11 8 VI. —Native Department .. .. .. .. .. ., 25,694 1 6 VII.—Justice Department .. .. .. .. .. .. 549,794 6 7 VIII.—Mines Department .. .. .. .. .. .. ,40,638 4 0 IX. —Department of Internal Affairs .. .. .. ... 271,218 3 5 „ X.—Mental Hospitals, Public Health, Hospitals and Charitable Aid Departments .. .. .. .. .. .. 318,808 9 3 XL—Tourists Department .. .. .. .. .. .. 53,656 1 0 XII.—Defence Department.. .. .. .. 416,427 1 2 XIII. —Customs, Marine and Harbours, and Inspection of Maohinery Departments.. .. .. .. .. .. .. 186,560 17 .4 XIV.—Department of Labour .. .. .. .. .. 32,953 19 9 XV.—Department of Lands and Survey .. .. .. .. 209,402 15 9 XVI. —Valuation and Electoral Departments .. .. .. .. 53,069 11 3 „ XVII. —Department of Agriculture, Industries, and Commerce .. .. 240,461 11 11 „ XVIII.—Eduoation Department .. .. .. .. ..1,602,994 19 11 Servioes not provided for .. .. .. .. .. .. .. 12,419 17 3 36,728 14 10 167,237 2 2 1,699,701 5 7 3,415,595 5 5 121,383 11 8 25,694 1 6 549,794 6 7 40,638 4 0 271,218 3 5 318,808 9 3 53,656 1 0 416,427 1 2 163,394 10 7 30,746 5 2 159,831 7 7 38,424 17 10 224,565 1 3 1,511,255 11 2 5,795 10 5 186,560 17 . 4 32,953 19 9 209,402 15 9 53,069 11 3 240,461 11 11 1,602,994 19 11 12,419 17 3 8,451,477 18 0 9,454,748 19 9 7,500 0 0 Temporary transfer to Rangitaiki Land Drainage Account under Section 56 of the Public Revenues Aot, 1910, as per oontra Temporary Advances to Deposits Account, Dairy Companies Advances Account, on aocount of Butter and Cheese purchased by Imperial Government 600,000 0 0 ■I 2,949,459 18 5 2,593,151 7 5 48,658 2 2 131,960 14 2 2,406 9 8 14,230 10 5 8,770,380 8 4 Balance at end of Year, — Cash in the Publio Aooount .. .. .. .. .. .. 2,949,459 18 5 Imprests outstanding— In the hands of Officers of the Government .. .. .. .. 64,871 10 9 In London .. .. .. .. .. .. .. .. 138,827 2 6 On acoount of Imperial Pensions .. .. .. .. .. .. 6,279 15 7 On aooount of other Governments .. .. .. .. .. 58,592 19 5 Investment Aooount .. .. .. .. .. .. .. 12,021,529 3 4 64,871 10 9 138,827 2 6 6,279 15 7 58,592 19 5 12,021,529 3 4 15,239,500 ID 0 11,560,787 12 2 £27,288,575 18 3 — Totals £33,913,159 15 7

8.—6

4

Table STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the

54 1 654 3 16 4

5

8.—6

No. 1 -continued. Yoat ended 31st Mabch, 1919, oompared with the Financial Year ended 31st Mabch, 1918—continued.

j1hhgiu41uy12 er r r

8.—6.-

Table STATEMENT ot the RECEIPTS arid EXPENDITURE of the CONSOLIDATED FUND 'or tht

6

654971 4 03 46 0 64

7

8.—6

No. 1- continued. Year ended .'list March, 1919, oompared with the Financial Year ended Slat March, 1918—continued.

497 1 64 1 964 1 3 46 4 321 64

8.—6

8

Table No. 1—continued. STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918— continued.

1917-1918. RECEIPTS. 1918 ■1919. £ s. d. 1,894,480 9 1 Balanoe at beginning of Year, — £ s. d. Cash in the Publio Aooount .. .. .. .. .. '.. j 2,285,629 16 1 Imprests outstanding— In the Dominion .. .. .. .. .. .. ... 100,187 0 5 In London .. .. .. .. .. .. .. .. 268,279 9 2 Investment Aocount (State Advances Office Acoount, £1,409,794 5s. 5d.) .. 1,459,794 5 6 £ a. d. 40,705 10 6 99,164 7 4 1,316,514 17 11 4,113,890 11 1 3,850,815 i 10 - 172,512 8 4 600,000 0 0 70,933 15 6 707 11 5 1,530 0 3 966 19 3 2,752 2 5 1,714 0 0 386 14 6 51 0 11 279 1 4 1,019 7 5 Iiodgmonts,— Butter-fat Adjustment Aocount .. .. .. .. .. .. 3,563 19 2 Butter Prices Equalization Aocount.. .. .. .. .. ... 76,596 7 7 Dairy Companies Advances Aocount Eduoation Reserves Amendment Aot, 1914— Primary-eduoation Endowments — Section 2 (Rents) .. .. .. .. .. .. .. 82,794 10 10 Seotion 3 (Sales) .. .. .. .. .. .. .. 74 5 2 Secondary-education Endowments (Section 2, Rents)— £ s. d. Auokland Provincial District .. .. .. .. 1,672 18 4 Taranaki Provincial Distriot .. .. .. .. 1,078 6 7 Wellington Provincial District .. .. .. .. 1,993 8 4 Hawke's Bay Provincial District .. .. .. 1,637 6 6 Nelson Provincial District .. .. .. .. 362 16 11 Marlborough Provincial District .. .. .. 117 13 6 Westland Provincial District .. .. .. .. 467 8 1 Otago Provincial District .. .. .. .. 1,045 4 2 8,375 2 5 1 7 6 Seoondary-oducation Endowments (Seotion 3, Sales) — Auokland Provincial Distriot .. .. % .. .. .. 1 10 8 25 0 0 1,883 16 9 34 16 9 2,600,000 0 0 43,000 0 0 4,760,000 0 0 41,917 11 0 Fisheries Aot, 1908 • General Assembly Library .. .. .. .. ., ,, ,. SO 0 0 Gold Duty Suspense Account .. .. .. .. .. .. 1,747 8 1 Hospitals and Charitable Institutions Act, 1909 .. .. .. .. 97 12 9 Imperial Government Butter-supply Aocount .. .. .. .. 3,559,769 18 6 Imperial Government Canned-rabbits Supply Aocount .. .. .. 29,650 0 0 Imperial Government Cheese-supply Aooount .. .. .. ,. I 5,200,426 10 8 Imperial Government Condensed-milk Supply Account .. .. .. 7,884 9 0 Imperial Government Corned-meats Supply Account .. .. .. .. 82,390 2 9 Imperial Government Frozen-rabbits Supply Account .. .. .. 67,800 0 0 Imperial Government Glaxo-supply Acoount .. .. .. .. .. 390,016 0 0 Imperial Government Hides-supply Aooount .. .. .. .. .. 138,681 7 8 Imperial Government Jam-supply Account .. .. .. .. .. 2,929 5 0 Imperial Government Meat-supply Aooount .. .. .. .. .. 10,210,000 0 0 Imperial Government Scheelite-supply Account .. .. .- .. 33,000 0 0 Imperial Government Supplies Branoh Suspense Aooount .. .. .. 47,240 1 6 Imperial Government Wool-supply Aooount .. .. .. .. .. 15,445,000 0 0 Imporial Government Wool-supply Aocount (Pelts) .. .. .. ... .1,505 0 0 Kitchener Memorial Scholarships .. .. .. .. ..'•.. 401 4 0 Land Aot, 1908— Mining Districts Land Occupation Account .. .. .. .. 1,549 16 8 Miscellaneous .. .. .. .. .. .. .. .. 944,550 16 0 Money-order Settlement Act ount .. .. .. .. ... .. 278,457 19 8 Nelson Rifle Prize Fund Aooount .. .. .. .. .'. .. - 32 0 0 New Zealand Expeditionary Force Relief Fund .. .. .. .. 151 3 4 New Zealand University Endowments, Westland .. .. .. .. 5 10 0 North Island Experimental Dairy School .. .. ,, .. .. 159 10 0 Otago University Reserves Aot, 1904 Public Trust Office Remittance Acoount .. .. .. .. .. 103,968 4 0 Railways Account .. .. .. .. .. .. .. .. 3,050 0 0 Retail Butter Business Aocount .. .. .. .. .. .. 34,156 5 10 State Advances Office Aocount ..... Taranaki Scholarships Endowment Aooount .. .. .. .. .. 626 0 3 Tauranga Educational Endowment Reserves Act, 1896 .. .. .. 27 5 0 Thermal Springs Districts Aot, 1910 .. .. .. .. .. 149 7 0 Trustee Act, 1908 .. .. .. .. .. .. .. .. 47 11 1 Westport Harbour Board Act, 1884— Speoial Coal Rate Acoount .. .. 2,48116 7 21,250 0 0 272,572 10 0 585,000 0 0 976 11 3 8,933,025 13 3 35,000 0 0 6,050,000 0 0 32,159 19 2 761 1 0 1,579 5 7 653,673 6 7 223,447 0 11 50 0 0 5 10 0 173 10 0 420 8 1 65,094 5 11 18,485 5 2 694,867 3 9 618 4 10 85 4 5 109 1 0 649 7 8 889 1 9 36,759,409 10 6 36,496,609 14 4 Totals £40,873,300 1 7 39,847,424 19 2

9

8.—6

DEPOSIT ACCOUNTS.

2—B, 6.

1917-1918. EXPENDITURE. 1918--1919. j £ a. d. Withdrawals, — 318,807 4 3 Butter-fat Adjustment Acoount 600,000 0 0 Dairy Companies Advances Account Education Reserves Amendment Aot, 1914 — Primary-education Endowments — 70,933 15 6 Section 2 (Rents) 5,023 6 Oj Section 3 (Sales) Secondary-education Endowments (Section 2, Rents)1,534 18 4 Auokland Provincial District 1,012 10 10 Taranaki Provincial Diatriot .. .. .. .. 2,737 7 3 Wellington Provincial District .. 1,751 4 9 Hawke's Bay Provincial Diatriot .. .. .. 362 9 5 Nelson Provincial District 50 16 6 Marlborough Provincial District 97 2 9 Westland Provincial Distriot 1,014 0 5 Otago Provincial District £ s. d. 1,605 8 6 1,021 14 4 2,096 8 7 1,647 0 4 385 15 6 118 7 6 440 4 9 1,020 0 8 £ a. a. 4,336 18 1 £ s, d. 82,794 10 10 987 7' 4 8,335 0 9 25 0 0 General Assembly Library 2,124 14 11 Gold Duty Suspense Aooount 20 8 6 Hospitals and Charitable Institutions Act, 1909 2,227,471 7 4 Imperial Government Butter-supply Aocount 42,955 4 6 i Imperial Government Canned-rabbits Supply Account 4,876,553 9 8 Imperial Government Cheese-supply Acoount 41,689 8 4 | Imperial Government Condensed-milk Supply Aocount Imperial Government Corned-meata Supply Account 3,926 7 0 I Imperial Government Frozen-rabbits Supply Aocount 248,384 11 3 I Imperial Government Glaxo-supply Account .. 571,485 4 5 i Imperial Government Hides-suoply Account .. 1,953 2 6 , Imperial Government Jam supply Aocount .. 9,052,391 0 3 ! Imperial Government Moat-supply Account .. 32,328 14 9 Imperial Government Scheelite-supply Account Imperial Government Supplies Branch Suspense Aocount 16,323,225 1 11 Imperial Government Wool-supply Aocount .. 31,798 8 5 Imperial Government Wool-supply Aocount (Pelta) Land Act, 1908— 823 10 5 I Mining Districts Land Oooupation Aooount 94 9 3 j Maori Land Settlement Aot 1905 Aooount 454,627 18 8 Miscellaneous .. .. .. .. .. .. . 157,154 4 0 Money-order Settlement Account 40 0 0 Nelson Rifle Prize Fund 7,56113 6 Otago University Reserves Aot, 1904.. 78,125 14 2 Publio Trust Offioe Remittance Account 2,604 10 0 Railways.. 13,543 9 6 , Retail Butter Business Aocount 551,666 14 9 | State Advanoes Office Acoount .. .. .. .. 1,529 11 7 j Taranaki Scholarships Endowment Aocount .. 105 12 6 Thermal Springs Districts Act, 1910 SO 0 0 1,753 7 8 77 6 6 8,581,497 3 6 29,385 9 8 5,499,448 13 10 7,884 9 0 82,390 2 9 81,844 13 9 412,384 2 3 115,445 3 10 10,019,067 3 8 35,845 13 2 46,888 14 5 16,315,215 8 0 1,806 10 9 756 4 7 37 7 4 856,904 15 11 305,091 8 10 79,437 12 2 38,260 15 7 247,794 5 5 638 19 10 270 0 9 87,806,189 10 2 35,733,534 8 1 Balanoe at end of Year, — 2,285,629 16 I Cash in the Publio Aocount Imprests outstanding— 100,187 0 5 In the Dominion 268,279 9 2 i In London 1,459,794 5 5: Investment Acoount (State Advanoes Office Account, £1,162,000) 1,386,572 12 2 336 3 9 208,864 5 6 1,471,337 10 0 4,113,890 11 1 3,067,110 11 5 i j i £39,847,424 19 2 j Totals £39,847,424 19 2 £40,873,300 1 7

8.—6

10

Table No. 1—continued.

"* ~~ ' I I 1917-1918. RECEIPTS. 1918--1919. £ s. d 315,912 12 7 3,142 16 8 2,469 6 11 200,000 0 0 Balanoe at beginning of Year,— Cash in the Public Aocount Imprests outstanding— In the hands of Officers of the Government In London Investment Account £ a. d. 181,372 10 0 114,167 7 4 £ a. d. 521,524 16 2 295,639 17 4 • New Zealand Loans Aot, 1908, — Finance Aot, 1918 (No. 2), Section 29 (Aid to Publio Works)— Debentures issued .. .. 360,000 0 0 125,000 0 0 Finanoe Act, 1917, Seotion 77— Debentures issued 725,000 0 0 700,000 0 0 Finanoe Act, 1916, Seotion 49— Debentures issued 45,100 0 0 Aid to Publio Works and Land Settlement Aot, 1914--Debentures issued 43,492 6 8 Recoveries on aooount of Expenditure of previous Years 1.1,992 14 4 1,594 18 2 Speoial Receipts in oonneotion with the Elleamere and Forsyth Reclamation and Akaroa Railway Trust Aocount ■ l,58f> 18 4 Totals £1,436,71110 7 £1,394,119 10 0 THE RAIL .WAYS IMPROVEMENT £ s. d. 29,883 12 2 Balance at beginning of Year, — Cash in the Public Account £ a. d. £ a. d. 13,163 fl fl 95,000 0 0 Now Zealand Loans Aot, 1908, — Railways Improvement Authorization Aot, 1914— Debentures issued £124,883 12 2 70,000 0 0 £83,163 6 6 i— ■ Totals

11

8.—6

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918.

- " " -" . ' ' "" I. . 1917-1918. EXPENDITURE. 1918-1919. 1918-1919. !_ . I £ s. d. Annual Appropriations,— 127,898 5 7 Class ' XIX.—Public Works, DeDartmental 495,771 9 9 , XX.—Railways .. 229,288 2 9 . XXI.--Public Buildings .. 2,975 14 6 . XXII.—Lighthouses. Harbour-works, and Harbour-defences 93114 0' . XXIII.-Tourist and Health Resorts .. 3,855 13 2 „ XXIV.—Immigration .. .. .. .. .. .. 0) XXV.—Construction, Maintenance, and Supervision of Roads, Bridges, 135,642 1 8 and other Public Works .. 27 6 5 . XXVI.—Develooment of Mining ■ 117,265 7 11 „ XXVII.—Telegraoh Extension 6,713 15 6 „ XXVIII. Contingent Defence 1,838 I 3 , XXIX.—Lands Improvement .. ... .. .. .. ( 11,650 5 7 . XXX. —Irrigation and Water-supply .. 6,810 4 10 , XXXI.—Plant, Matorial, and Stores .. „ XXXII.—Electric Supply 63 17 4 Services not provided for I £ s. d. i 115,418 19 0 387,922 14 5 235,846 7 4 5,392 1 11 1,620 7 2 Or. 12,018 9 0 226,072 10 3 518 6 9 198,611 0 1 8,809 8 6 Or. 4,267 10 10 13,664 8 9 20,637 15 7 9,253 13 0 £ 115, i 387, i 235,f 5,i li< ,r. 12,( 226, C t 198, e 8,6 CV. 4,S 13,( 20,e 9,5 3 418 922 846 392 620 018 072 518 611 809 267 664 637 253 i s. d. i £ s. d. 1 19 6 I 14 5 i 7 4 ! 1 11 I 7 2 I 9 0 I 10 3 I 6 9 0 1 I 8 6 10 10 8 9 15 7 13 0 I 0(17 ,IUI 1 ■! .; £ s. d. 1,140,732 0 3 1,207,481 13 5 1,207,181 13 5 • ,t$k Ellesmere Laud Drainage Act, 1905, — 439 5 0 i Expenditure under Section 6, Subsection (1).. .. .. .. .. ' 489 5 0 489 5 0 New Zealand Loaus Act, 1908, — Charges and Expenses in respect of Loans raised under— 0 3 6 Aid to Public Works and Land Settlement Aot, 1914 0 10 6 Finance Act, 1916, Section 49 0 14 0 Balance at end of Year, — 181,372 10 0 Cash in the Public Account Improsts outstanding— 114,167 7 4 In the hands of Officers of the Government 157,8 28,8 359 338 17 6 14 1 186.198 11 7 181,372 10 0 157,359 17 6 114,167 7 4 28,838 14 1 186,198 11 7 295,539 17 4 295,539 17 4 iou,ryo rl l '£1,436,711 16 7 £1,436,71116 7 Totals .1:1,394,119 10 0 £1,394,119 10 0 AUTHORIZATION ACT 1914 ACCOUNT. £ s. d.i 111,719 15 2 Expenditure under Section 5 of the Railways Improvement Authorization Aot, 1914 New Zealand Loans Aot, 1908, — Railways Improvement Authorization Aot, 1914 — 0 10 6 Charges and Expenses .. .. .. .. .. .. .. ' Balanoe at end of Year, — 13,163 6 6 , Cash in the Publio Account £ a. d. £ 8. d. 79,375 0 11 3,788 5 7 £124,883 12 2 Totals £83,163 6 6

8.—6

12

Table STATEMENT of the RECEIPTS and EXPENDITURE nf the PUBLIC WORKS FUND for the

9 7 16 43 16 4 4

13

B.—fi

No. 1 —continued. Year ended 31at March. 1919, compared with the Financial Year ended Hist March, 1918—continued.

3 1 64 3 1 63 5 5

8.—6

14

Table STATEMENT of the BECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the

98 73 13 13 63 1 3

8.—6.

No. 1 —continued. Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918—continued.

15

1 4 1 3 5

B—6

16

Table No. 1— continued.

1917-1918. RECEIPTS. 1918-: [919. I "~ " ~ " " '" ' " £ s. d. j 3§6,568 6 3 ; Brought forward £ s. d. £ s. d. 681,223 11 0 Reoeipts on acoount of Capital Value of Land under the Land Aot, 1908, 1,276 8 6 Seotion 191 1,763 15 11 iteoeipts derived from Estates, — 351,856 4 11 Rents, &o. 108,451 19 2 I Sales .. .. .. .. .. .. .. .. 460,808 4 1 344,091 18 4 144,839 2 11 488,931 1 3 i Land Laws Amendment Act, 1912, Seotion 5,--104,560 7 5 Sale of Crown Lands 114,321 3 9 . 14,210 1 7 1,315 15 10 Interest on Securities held by Investment Aonount Proceeds of Sale of Workers' Dwellings on Settlement Lands under Section 16 of 7,628 1 6 the Workers'Dwellings Aot, 1910 .. i ' , . 8,383 3 9 Recoveries on acoount of Expenditure of Previous Years, — Unauthorized .... 25,872 9 6 Recoveries on aocount of Estates, — Kopane Westoott '.. 869 7 6 100 0 0 869 7 6 100 0 0 969 7 6 I Credits in Reduction, — Burke's Homestead Lawry Waari 0 17 1 8 12 7 438 9 0 447 18 8 ■ ■ 971,657 3 7 | Carried forward .. 1,286,122 12 11 i _ I

8.—6,

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918-continued.

B—B. 6.

17

1917-1918. EXPENDITUR 1918-1918-1919. Name of Estate. Purchase-money. Incidental Expenses, Total. £ s. d. 52,389 17 5 Brought forward £ s. d. 8,205 18 0 £ s. (1. 1,533 7 5 £ s d 9,739 5 5 £ s. d. 58 1 6 9,550 0 0 19 7 6 25 16 6 1 0 3 45 7 6 9,588 11 3 12,502 7 0 3 10 5 0 9 3 00 6 48 7 2 48 12 6 5,749 3 3 31 15 5 9 1 7 14 16 1 37 3 2 6 6 5 955 2 4 28 19 11 111 3 5 50 19 7 22 1 3 9 16 8 0 16 8 338 6 6 265 2 10 16,043 10 3 134 10 7 j 1 Acquirement of Estates, and Expenses incidental thereto— continued. Bickerstaffo Blairlogie (Morrison, R. I). M.) Blind River Bourndale Braoo Braeburn Bruoo's Settlement (Bruce, A. P.) .. Buckley Settlement (Messrs. Gould, Beaumont, and Co., and Now Zealand Farmers' Co-opera-tive Association (Limited), Christchurch) Buddo Burke's Homestead CaleyJCaley,_D.) .. Oardrona Carlton (Carlton, J.) Carrington M. J.) Chamberlain Cherry Grove (Hood, W. T.) Clandoboye Clandoboyo No. 2 Clandon Claromont Clareview Clayton Clifford .. Clifton Close (Marshall, W. H., and Close, J.) Clydebank Conical Hills Copland Corby (Corby, E. R.) Cossar (Cossar, M. C.) Couper Settlement (Russell, T. R.) .. Cradock Craigmoro Crioklewood .. .. .. ... Croydon (Huston, A. J.) Culverden Dixon (D'Ath, J. H.) Douglas Drayton Duncan Dyor .. .. Earnscleugh Eccleston No. I .. Eccleston No. 2 .. Edendalo Edwards Settlement (Edwards, W. A.) Eldorslie Eldorslie No. 2 .. Elsthoipe Epuni . Erina Ermodale Evans (Waldin, W. N.) Fairfield .. Falloon Fonoourt Ferguson (Ferguson, J. A.).. Finlay Downs ■.. Fisher (Fisher, T. W.) Flaxbourne Forest Gate Fortification Hill .. Four Peaks Fyvie Galloway Gardiner's Settlement (Gardiner, F. R. II.) Gladbrook (Murray, W., and Roberts, J.) Glenham Glenmark Olentanner Gorton Graham (Graham, J.) Greenfield Greysloke (Grey, W. J., A. W., M. L„ and A. H.) Gwavas Haggerty (Haggerty, J. II.) 6,240 0 0 l,8li 5 0 3,570 6 4 1,860 11 3 14,001 10 6 341 19 3 3,376 6 3 3,660 0 0 83 11 11 19 7 8 20 18 2 10 4 11 7 4 93 13 2 138 3 5 2 17 1 13 0 1 0 1 1 4 11 9 28 7 4 50 0 1 105 II 1 16 6 5 11 16 10 12 6 5 35 10 11 10 16 6 1,038 13 3 2 12 2 611 9 3 8 18 9 44 7 9 51 9 1 9 16 8 3 3 10 '6 17 0 21 2 9 294 17 9 1,150 16 10 138 0 3 66 0 7 17 11 10 2 0 6 55 9 7 3 14 0 13 0 0 0 10 6 167 1 6 96 14 1 45 17 7 48 10 11 5 7 3 546 6 6 19 17 10 i 10 0 7 7 6 41 11 7 5 2 6 23 16 6 6 17 6 | 295 7 1 50 2 2 20 2 4 34 18 5 6 3 4 81 17 6 3 3 0 71 5 7 50 9 5 191 18 1 2 8 3 18 7 11 18 0 116 12 2 9 12 10 ! 32 7 10 83 11 11 19 7 8 20 18 2 1 0 4 11 7 4 93 13 2 138 3 5 2 17 1 6,253 0 1 0 1 1 1,815 16 9 28 7 4 3,570 6 4 50 0 1 105 11 1 16 6 5 11 16 10 12 6 5 35 10 11 10 16 6 1,038 13 3 2 12 2 611 9 3 1,869 10 0 44 7 9 51 9 1 9 16 8 14,001 10 6 345 3 1 3,376 6 3 0 17 0 21 2 9 294 17 9 1,150 16 10 138 0 3 3,660 0 0 66 0 7 17 11 10 2 0 6 55 9 7 3 14 0 13 0 0 0 10 6 167 1 6 10,929 4 4 96 14 1 45 17 7 48 10 11 5 7 3 546 6 6 19 17 10 3,780 0 0 1 10 0 7 7 6 41 11 7 2,433 19 3 23 16 6 2,906 17 6 295 7 1 50 2 2 20 2 4 34 18 5 6 3 4 81 17 6 3 3 0 62,567 7 0 50 9 5 191 18 1 2 8 3 18 7 11 321 8 0 116 12 2 9 12 10 32 7 10 3,975 0 0 63 3 7 20 10 4 1 0 9 96 12 5 1 12 1 13 3 1 0 12 5 127 9 2 10,929 4 4 49 1 7 15 17 7 49 3 9 21 0 4 193 5 3 14 9 3 3,780 0 0 90 2 3 240 14 6 30 12 7 2,428 16 9 2316 9 2,900 0 0 345 15 8 50 8 9 13 9 11 37 3 11 8 6 8 3 0 8 1,235 6 6 62,496 1 5 35 7 3 738 9 7 1 19 II 3 2 0 320 0 0 52 6 0 5,442 13 10 32 7 10 3,975 0 0 117,142 10 10 Carried forward 129,896 19 1 7,729 12 « 137,626 11 7 I - i

8.—6.

18

Table No. 1— continued.

1917-1918. RECEIPTS. 1918 1919. £ s. d. 971,657 3 7 Brought forward £ s. d. £ s. d. 1,286,122 12 11 \ • Carried forward 971,657 3 7 1,286,122 12 11

8.—6

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918—continued.

19

19r7-i918. EXPENDITUR 1918-: 919. £ s. (i. 117,142 10 10 Name of Estate. Purchase-money. Incidental Expenses. Total. Brought forward £ s. d. 129,896 19 1 £ s. d. 7,729 12 6 £ s. d. 137,626 11 7 £ s. 5 10 11 165 12 10 20 3 4 58 13 11 8 10 10 2 19 10 59 7 3 17 5 2 3 15 7 12 0 11 249 8 1 30,303 15 1 4 7 11 15 2 4 24' 7 9 2 17 4 4 4 10 47 18 10 6 2 2 2 5 11 6 11 5 76 11 11 1 7 7 118 2 1 0 17 6 21 18 7 9 1 7 30 8 11 89 12 3 Acquirement of Estates, and Expenses incidental thereto— continn ed. Hall-Jones Hardie (Monaghan, F. J.) .. Haro (Hare, J.) Hatuma Hawtrey Heathorloa Hedgloy Settlement (Boattio, A. E.; Clark, T. P., H. R., and F. C. (Trustees of A. H. Beattio)) Hokeao .. Hetana Highbank Hikawera HiMorthorpo Hillborough Hillorsden Hine (Hine, E.) .. j'Homebrook (Budge, E. Frances) ( ,, (purchase of stock) Horahora (Middloton, T., and Makgill, J. E.).. Hornby Horsley Downs .. .. Hosking Huinga Hukefcaia Hutchinson (Hutchinson, E. M.) Janefleld Joblin (Joblin, A. E.) Jungle Settlement No. 1 (Jones, J. S. B.) Jungle Settlement No. 2 (Jones, J. S. B.) .. ': Kaimahi Kanakanaia Kapua Kapuatohe Karapiro Kauroo Hill Keith (Beatty, J.).. Korota Kinloch Kitchener Knowsley Park Kohatahi Kohika Kohika No. 2 Kopano (Trustees, late Hon. W. W. Johnston's Estato) Kowhatu Kumeroa Kurow Ladbrook Lake Lakoview (Brown, Archibald) Lambert (Laidlaw, Alice and Agues) Lamout (Trustees, J. Lamont's Estate) Langdale Lansdowne Lean (Bowater, Mrs. L. A.) Leeston Loos Valley Lewis (Allen, E.) .. Lilly (Profitt, P. G.) Lindsay Linton Littler (Thompson, P. M.) .. Longbush Lyndon No. 1 Lyndon No. 2 Lynton Downs Maerewhonua Mahora Mahupuku Maitland (Maitland, A. G.).. M-tkaroao and Extension Makowai.. Makowai Extension (Trustees of lato R. B. McKenzie, Stewart McKenzie. and Mrs. M. Gardner) Manga-a-toro Mungapouri Mangatahi Mangateparu (Bell, A.) Manga whata 2,498* 5 0 20 0 0 18,805 19 11 17,207 6 3 14,146 13 3 9,759 0 0 27,228 0 0 2,300 0 0 1,769 0 0 1,933 0 3 2,074 13 6 -2 18 5 3 4 0 164 10 2 5 4 5 14 4 7 9 1.0 4 5 15 10 59 15 0 8 13 0 64 19 0 12 1 2 171 3 2 437 0 2 2,048 16 9 69 3 0 4 19 3 14 7 2 4818 7 4 4 0 6 10 19 10 9 18 7 5 4 3 0 47 18 10 6 2 2 2 2 0 26 1 5 153 6 10 4 7 6 1 7 4 111 12 5 17 5 29 19 9 6 0 9 34 5 6 4 17 2 2 18 5 2,498 5 0 23 4 0 164 10 2 o 4 5 14 4 7 18,805 19 U 9 10 4 5 15 10 59 15 0 8 13 0 64 19 0 12 1 2 171 3 2 17,644 6 5 2,048 16 9 14,215 16 3 4 19 3 14 7 2 9,759 0 0 48 18 7 4 4 0 27,228 0 0 6 1 0 2 300 0 0 1,788 10 9 1,951 7 8 4 3 0 47 18 10 6 2 2 2 2 0 26 1 5 153 6 10 2,079 1 0 1 7 4 111 12 5 1 7 5 29 19 9 6 0 9 34 5 6 4 17 2 30,997 4 4 20 12 8 35 4 10 3 17 9 13 6 2 4 17 1 491 16 9 2,130 3 9 18 14 8 32 3 8 38 1 4 497' 6 0 569 8 8 900 0 0 3,914*18 0 2,190 0 0 274 15 9 303 7 4 35 6 4 7 15 10 14 15 4 35 16 0 0 16 10 6 12 9 110 12 0 55 0 9 35 2 1 is' 4 5 1,958 16 0 274 15 9 303 7 4 35 6 4 7 15 10 14 15 4 35 16 0 0 16 10 6 12 9 110 12 0 55 0 9 35 2 1 900 0 0 15 4 5 1,958 16 0 3,914 18 0 2,190 0 0 112 10 1 3 10 8 2,938 12 9 294 7 9 19 0 8 51 6 0 53 18 8 89 12 7 28 5 8 294 3 10 3,659 7 0 46 1 0 372 15 8 134*15 6 7 2 9 133 1 11 19 0 8 53 12 6 45 6 7 40 16 7 27 5 9 117 19 1 2,937*11 3 112 10 1 3 10 8 1 1 6 294 7 9 19 0 8 51 6 0 53 18 8 89 12 7 28 6 8 294 3 10 14 0 6 46 1 0 372 15 8 217* 1 2 418 17 5 3,645* 6 6 75 11 0 12 7 9 97 14 7 9,868 16 5 75 15 11 19 3 7 96 19 1 562 12 11 1 1 3 9,868 16 5 75 15 11 19 3 7 96 19 1 70,367 6 11 1 1 3 69,804 14 0 2 2 6 184,717 6 11 Carried forward 320,900 3 5 16,347 0 6 337,247 3 11

8.—6.

20

Table No. 1— continued.

RECEIPTS. 1918 1919. 1917-1918. £ s. d. 971,657 3 7 Brought forward £ s. d. £ s. d. 1,286,122 12 11 I 971,657 3 7 I i I Carried forward 1,286,122 12 11

21

8.—6.

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS ACCOUNT for the year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918—continued.

1917-1918. EXPENDITURE. 1918-1919. £ s. d. 184,717 6 11 Name of Estate. Purchase-money. Incidental Expenses. Total. Brought forward £ s. d. 320,900 3 5 £ s. d. 16,347 0 6 £ s. d. 337,247 3 11 £ s 17 2 4 32 5 4 256 5 1 12 14 8 16 1 2 2 3 6 128 7 11 4 10 2 5 10 10 4,092 9 5 21 1 10 9 7 2 11 5 4 0 9 9 29 16 0 17 2 11 16 3 7 1 14 7 17 19 11 1 16 4 45*12 6 67 12 7 24,925 13 0 82 14 6 10 19 0 8 14 6 13 1 1 11 4 3 8 16 0 13 3 8 23 9 2 8 12 5 7 19 9 4 17 6 Acquirement of Estates, and Expenses incidental thereto — continued. Mangawhoro Maori Hill Marakeke Maraweka Marawiti Matakamii Matamata Maungaraki Maytown MoGregor Settlement (Histen, D. and D. P.) .. McKenzie (Reichenbach, Mrs. M., and McKenzie, A. F. and H. M.) Mead Meadowbank Moadows Melling Merrivale Merrivale No. 1 .. .. .. .. Merrivale No. 2 .. Methuen Mills Momona Monte Cristo (Oughton, W. H.) Morioe Mount Nessing Muhunoa (Easton, T. J.) .. Ngakaroro (Diokson, A. J. M., and Parrant, J. L.) Ngahuhu (('lose, J.; Aloxander, J. G.; Evans, Mrs. K. M.; Neumegen and Mowlem; Bank of Now South Wales, Kawakawa) Ngatapa Nicol (Nicol, D.) Normandale Northbank Ohakea Ohauiti Okauia Omaka Opouriao Orakipaoa Otahu Otaio Otamarakau (Otamarakau Dairy Land Company) Otamauri Otanomomo Otarakaro Otekaike Otway Pakarau Pakaraka Palmer (Stevens, W. J.) Papaka Paparangi Parahi Pareora No. 1 Pareora No. 2 Parkes (Parkes, H. and G.).. Patoa Paul (Paul, D.) .. Pawaho Peaks . ■ ■ • . • ■• Phair (Phair, C. C.) Pihautea (Bidwell, J. O., Mrs. S. B., and W. E.) Pitt Plumer Plunket Poerua Pornahaka Poroporo Pouparae Pourerero Prescot Puhipuhi Puhuka Pukenamu (Gillies, P. A.) .. I'uketapu Punaroa 2,500 0 0 3,099 14 10 4,750 0 0 6,836 19 6 2,695 19 0 15 11 2 61 5 0 1,470 3 10 240 8 5 14 12 7 4 7 0 226 14 9 2 14 2 7 7 8 6 4 5 21 6 11 18 13 3 13 19 11 0 3 0 43 14 1 30 0 5 19 3 2 4 0 8 26 2 2 7 8 7 109 9 7 46 7 7 78 12 4 40 0 7 80 11 11 6 5 7 7 4 3 11 16 4 6 16 12 5 3 5 18 13 3 8 90 5 1 9 0 0 10 2 8 4 17 6 15 11 2 61 5 0 • 1,470 3 10 240 8 5 14 12 7 4 7 0 226 14 9 2 14 2 7 7 8 6 4 5 2,500 0 0 21 6 11 18 13 3 13 19 11 0 3 0 43 14 1 30 0 5 19 3 2 4 0 8 26 2 2 7 8 7 3,209 4 5 46 7 7 78 12 4 4,750 0 0 6,836 19 6 40 0 7 80 11 11 2,702 4 7 7 4 3 11 16 4 6 1 6 12 5 3 5 1 8 13 3 8 90 5 1 9 0 0 10 2 8 4 17 6 70 0 0 389 1 4 16 18 8 1 7 1 125 4 7 242 3 2 15 14 5 28 2 8 3,000 0 0 19 11 1 3 17 9 14 15 10 8 19 8 58 9 10 7 7 8 3 4 2 2,031 4 8 1 10 4 2 7 3 2,424 18 10 84,579 1 0 0 6 11 2 2 11 46 19 8 5 12 2 28 3 9 33 3 8 4 1 4 19 14 0 70 0 0 389 1 4 16 18 8 1 7 1 125 4 7 242 3 2 15 14 5 28 2 8 647_16 9 59 13 6 1 6 4 56 18 4 16 6 0 255 1 6 3,000 0 0 19 11 1 3 17 9 14 15 10 8 19 8 58 9 10 7 7 8 3 4 2 4 9 6 1 10 4 2 7 3 4 18 10 21 11 6 7 3 10 55 15 0 8 19 6 60 13 7 15,209 14 1 1 14 1 2,026 15 2 i*16 4 3 1 10 2,420 0 0 84,579 1 0 0 12 1 0 9 7 24 9 7 9 2 11 16 13 1 51 9 4 5 2 5 20 5 10 0 6 6 0 11 6 1 2 1 0 6 11 2 2 11 46 19 8 5 12 2 28 3 9 33 3 8 4 1 4 19 14 0 13,982 0 0 0 10 11 1 5 6 173 18 2 4 5 1 32 6 3 0 10 11 1 5 6 14,155 18 2 4 5 1 32 6 3 2* 2 6 35 11 6 231,219 15 9 Carried forward 446,860 12 11 20,413 1 4 467,273 14 3

8.—6.

22

Table No. 1— continued.

1917-1918. 191 1919. RECEIPTS. £ s. d. 971,657 3 7 Brought forward £ s. a. £ s. d. 1,286,122 12 11 Carried forward 1,286,122 12 11 971,657 3 7

8.-6

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918—continued.

23

1917-1918. EXPENDITUR 1918-1919. £ s. d. 231,219 15 9 38,449 7 6 1 18 4 7 9 8 23 17 5 13 11 11 2,200 0 0 17 2 6 59 6 5 7 11 0 3 7 5 Name of Estate. Brought forward Acquirement of Estates, and Expenses incidental thereto— continued.. Putorino (Hammond, J.) Raincliff Rainf ord Rakitairi.. Rangiatea Rangitaiki (Rangitaiki Land Drainage Account) Rapuwai Raumati .. Raureka Rautawiri Reid Settlement (Reid, A. S.) Remuera Settlement (Close, A. F.; Dickson, H. D. and L.; Riokard, L.) Rowi Reynolds Richmond Brook Ringway Roimata Rosebrook Rosewill Ruapuna No. 2 .. Rugged Ridges Ryan (Ryan, C.) .. Ryder Settlement (Public Trustee and Ryder, *F. J.) .. Saunders (Saunders, E.) Scargill Scafield (Baxter, T., and Ashton Brothers) Seaforth_.. Solwyn Shorondon Sherwood Downs Smith (Smith, E. S.) Smyth Settlement (Smyth, J.) Spittal (Franklyn, C. H.) .. Spotswood Springhill Stalker (Stalker, D. and L.) Scarborough Steward St. Helens Stoke Strathmore Streamlands Studholmc Junction Tablelands Tahawai Takitu Tamai Taniwha .. .. Tapapa .. .. .. Tara Tarawahi Tariki Tauhorenikau Settlement (Williams, H. L.) Taumata Tautari Tawaha .. .. .. ■ ■ ... Teanaraki To Arai Teasdale Te Mata To Matua Te Miro (Taylor, J., and Washbourne, R. S.) .. Te Puke .. Teschemaker Teviot (Public Trustee in estate of Roberts, A. F.; Richards, J., Executor late Walker, D. L.) Timaunga Timaunga Extension Tiraumea (Holmes, J. S., C. C. C, and C. M.; Powlos, J. M.; Howall, R. R.j and Richardson, E. M. andC. T.) Tokaora Tokarahi Tomoana Tongoio Totara Tripp .. ... .. Purchase-money. £ s. d. 446,860 12 11 Incidental Expenses. £ -s. d. 20,413 1 4 1,649 0 4 1 18 4 7 3 4 24 19 7 93 15 6 Total. £ s. d. 467,273 14 3 1,649 0 4 1 18 4 7 3 4 24 19 7 93 15 6 £ s. d. 2,78*i 18 4 10 11 9 53 4 1 8 2 0 2 10 7 5 14 2 10 11 9 53 4 1 8 2 0 2 10 7 2,787 12 6 14 0 6 28 10 9 29 11 7 7 5 5 1 17 2 7 4 6 313 5 6 48 4 0 0 13 8 42,616 9 4 3,500 0 0 41 5 6 18 18 4 31 3 5 9 14 10 1 15 0 6 0 8 297 18 2 54 11 2 0 16 0 42,616 9 4 41 5 6 18 18 4 31 3 5 9 14 10 1 15 0 6 0 8 297 18 2 54 11 2 0 16 0 3,500 0 0 8,426 5 3 12,580 19 9 24,966 2 11 1,050 0 0 11,627 10 2 363 17 0 20 10 10 31 17 7 37 17 3 145 13 4 74 11 5 221 0 6 27 0 6 17 17 3 3 8 0 19 7 7 67 4 4 279 8 4 169 5 11 121 5 7 5 1 1 22 0 5 9 13 0 494 14 6 1 13 0 140 18 7 0 14 2 28 4 10 1 12 10 8 1 4 194 11 1 31 16 10 1 5 9 13 13 5 5 7 9 28 1.3 10 35 10 8 21 8 5 7 13 10 93 12 8 15 19 9 2 9 11 4 9 2 5,782 2 8 8 19 9 43 0 2 12,580 19 9 20 10 10 31 17 7 37 17 3 145 13 4 74 11 6 221 0 6 24,993 3 5 17 17 3 1,053 8 0 19 7 7 67 4 4 11,906 18 6 169 5 11 121 5 7 5 11 22 0 5 9 13 0 494 14 6 -113 0 140 18 7 0 14 2 28 4 10 1 12 10 8 1 4 194 11 1 31 16 10 15 9 13 13 5 5 7 9 28 13 10 35 10 8 21 8 5 7 13 10 93 12 8 15 19 9 2 9 11 4 9 2 6,145 19 8 8 19 9 43 0 2 20 5 8 9,463 17 5 131 7 6 48 16 3 73 1 3 220 9 8 11,55618 6 i 10 13 0 80 18 1 156 19 11 229 2 5 47 1 2 2 10 6 22 7 9 9 13 0 78 14 4 1 13 0 135 1 0 0 6 1 28 4 10 1 15 10 15 6 7 33 4 0 35 3 0 2 6 6 16 3 9 8,620 0 0 9 3 0 32 16 11 37 2 I 3 1 10 99 10 2 7 12 6 16 1 0 10 3 9 56,785 14 10 6 5 7 44 8 1 75,117 18 7 73 7 I 28 8 0 20,732 13 7 6,156 18 9 69 13 4 28 14 2 26,889 12 4 69 13 4 28 14 2 1,302 9 10 21 11 3 48 19 5 2 11 0 54 7 11 39 18 6 60 8 9 391 13 5 11 16 1 95 6" 8 2 6 8 58 0 8 60 13 10 45 8 5 391 13 5 11 16 1 95 6 8 2 6 8 58 0 8 60 13 10 45 8 5 445,724 7 4 Carried forward 567,080 4 0 37,892 18 11 604,972 17 11

8.-6.

24

Table No. 1— continued.

1917-1918. RECEIPTS. 1918-1919. £ s. d. 971,657 3 7 Brought forward \ £ s. d. £ b. d. 1,280,122 12 11 Totals £971,657 3 7 Totals £1,286,122 12 11 I

25

8.—6

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918—continued.

4—B. 6.

1917-1918. EXPENDITURE. 1911 1-1919. £ s. d. 445,724 7 4 I I Name of Estate Purchase-money. Expenses. e a A C a A £ s. d. £ s. d. Brought forward .. .. .. 567,080 4 0 37,892 13 11 Acquirement of Estates, and Expenses incidental thereto — continued. Tukura (Executor, late W. H. Small) .. 30,539 5 3 94 5 5 Tututawa .. .. .. .. .. 1 17 3 Valverde.. .. .. .. .. .. 44 5 2 Waari Waddington .. .. .. .. 0 3 0 Waiapi .. .. .. .. .. .. 535 Waiare (Duncan, O. P. M.).. .. .. 7,814 5 0 25 7 10 Waiarikiki .. .. .. .. .. 61 13 3 Waihau .. .. .. .. . . .. 73 3 10 Waihora .. .. .. .. .. .. 83 3 2 Waiarikiki .. .. .. .. 349 9 8 Waimana .. .. .. . . .. 25 9 1 Waimarie .. . . .. . . .. 10 8 3 Waimate.. .. .. .. .. .. 46 0 1 Waipapa.. .. .. .. .. .. 974 Waipuka.. .. .. .. .. 664 Waitahuna .. .. . . .. 417 3 10 Waitakaruru .. .. .. . . .. 7 9 11 Waiteitei.. .. .. .. .. .. 219 16 3 Walker (Riley, J. W.) .. .. .. 1,100 0 0 .. Wangapeka .. .. . . . . .. 10 16 4 Warnock (Coupor, I). J.) .. .. .. 3,050 0 0 Washbourne .. .. .. .. .. 358 Watea .. .. .. .. .. .. 12 12 4 Westcott Settlement (Westcott, W. C. and R. A.) .. 1.50 17 0 Westmere (Trustees, late Mrs. A. P. Williams) 33,247 18 8 Wharenui .. .. .. .. .. 3 2 11 Whitehall .. .. .. .. .. 30 0 5 Wigan . . .. . . .. . . .. 38 4 10 Wilford .. .. .. .. .. .. 2 17 11 Willows .. .. .. .. .. .. 16 11 0 Win's Farm Settlement (Public Trustee) Winchester .. .. .. . . .. 23 12 2 Windsor Park No. I .. .. . . .. 59 3 8 Windsor Park No. 2 .. .. .. .. 0 15 6 Wither Run .. .. .. .. .. 378 10 9 Wright (Gibson, R. B.) .. .. .. 2,554 19 9 Sections 36056 and 36057 .. . . ) f .. 0 4 1 Section 36469 .. .. . . « .. 0 11 7 1862 .. .. ..& .. 016 36226 .. .. ..-§_, .. 024 30791 .. .. .. , a _ J .. 0 7 6 36278 .. .. .. *"§ 1 | .. 0 114 36228 .. .. .. .2 a .. 0 5 8 36231 .. .. .. £ .. 040 2682 .. .. .. » .. 0 10 34430 and 34431 .. ..J I .. 0 2 6 Purchase-money. £ s. d. 567,080 4 0 Incidental Expenses. £ s. d. 37,892 13 11 Total. V o A £ s. d. 604,972 17 11 30,633 10 8 1 17 3 44 5 2 0 3 0 5 3 5 7,839 12 10 61 13 3 73 3 10 83 3 2 349 9 8 25 9 1 10 8 3 46 0 1 9 7 4 6 6 4 417 3 10 7 9 11 219 16 3 1,100 0 0 10 16 4 3,050 0 0 3 5 8 12 12 4 150 17 0 33,247 18 8 3 2 11 30 0 5 38 4 10 2 17 11 16 11 0 23 12 2 59 3 8 0 15 6 378 10 9 2,554 19 9 0 4 1 0 11 7 0 1 6 0 2 4 0 7 6 0 11 4 0 5 8 0 4 0 0 1 0 0 2 6 Total. £ s. d. 604,972 17 11 £ s. d. 96 14 6 28 15 7 11 15 9 3 3 3 4 1 6 30,539 5 3 94 5 5 1 17 3 44 5 2 30,633 10 8 1 17 3 44 5 2 27*16 5 70 1 9 363 19 2 23 14 9 10 8 6 25 10 7 9 4 3 6 6 4 60 I 11 7 9 10 7,814 5 0 0 3 0 5 3 5 25 7 10 61 13 3 73 3 10 83 3 2 349 9 8 25 9 1 10 8 3 46 0 1 9 7 4 6 6 4 417 3 10 7 9 11 219 16 3 0 3 0 5 3 5 7,839 12 10 61 13 3 73 3 10 83 3 2 349 9 8 25 9 1 10 8 3 46 0 1 9 7 4 6 6 4 417 3 10 7 9 11 219 16 3 1,100 0 0 10 16 4 3,050 0 0 3 5 8 12 12 4 150 17 0 33,247 18 8 3 2 11 30 0 5 38 4 10 2 17 11 16 11 0 28 12 4 1,100 0 0 3,050 0 0 10 16 4 19i 3 11 20,694 9 0 3 5 8 12 12 4 150 17 0 33,247 18 8 3 2 11 30 0 5 38 4 10 2 17 11 16 11 0 4 3 4 5 3 9 44 7 11 5 6 0 17 4 I 358 3 0 17 15 8 27 1 6 23 12 2 59 3 8 0 15 6 378 10 9 23 12 2 59 3 8 0 15 6 378 10 9 2,554 19 9 0 4 1 0 11 7 0 1 6 0 2 4 0 7 6 0 11 4 0 5 8 0 4 0 0 1 0 0 2 6 58 3 0 2,554 19 9 0 3 4 0 5 9 0 7 4 0 4 1 0 11 7 0 1 6 0 2 4 0 7 6 0 11 4 0 5 8 0 4 0 0 1 0 0 2 6 0 II 8 0 11 4 0 8 6 0 8 0 0 1 0 0 2 6 r a o> ' 2 I a c« .2 w Hr> O 467,928 4 4 Totals .. .. .. 645,386 12 8 40,106 9 6 t 645,386 12 8 40,106 9 6 685,493 2 2 685,493 2 2 Annual Appropriation,— Vote 114—Land for Settlements Expenses 685,493 2 2 5,484 19 6 6,311 10 0 322,809 6 11 Interest recouping the Consolidated Fund in respect of Debentures issued . . 313,459 3 7 State Advances Act, 1913, — Sinking Fund under Section 26 27,547 0 0 28,216 6 5 115 3 5 Interest under Subsoction (8) of Section 191 of the Land Act, 1908 9 9 0 Land Laws Amendmont Aot, 1913, Section 63, — Amount transferred to Land for Settlements Acoount (Opening up Crown Lands for Settlement Acoount) .. .. .. .. .. .. 50,000 0 0 40,000 0 0 Reoeipts on account of Capital Value of Land under tho Land Act, 1908, Section 191, — Amount erroneously credited in previous year, now transferred 3,040 0 0 25,872 8 6 Unauthorized Expenditure,— Services not provided for Now Zealand Loans Act, 1908,- — Land Laws Amendment Act, 1913 - Charges and Expenses .. .. ,. .. .. . . 7 2 6 81,216 18 S Balance at end of Year,- - Cash in the Public Account .. .. . . .. . . .. . . j '. Imprests outstanding— 1 n tho Dominion. . .. .. .. .. . . 198,962 14 9 1,299 12 11 200,262 7 8 6 12 4 81,223 11 0 Totals £1,286,122 12 11 £971,657 3 7

8.—6

26

Table No. 1— continued.

1917-1918. -1918. RECEIPTS. 1918 -1919. £ s. d. 82,459 2 7 I s. d. Balance at beginning of Year, — £ s. d. 159 2 7 Cash in the Public Account .. .. .. .. .. .. 33,452 3 8 Imprests outstanding— 3 7 0 In the Dominion .. .. .. .. .. .. .. 9,575 2 1 ,62 9 7 £ a. d. 3 7 0 32,462 9 7 43,027 5 9 New Zealand Loans Aot, 1908, — Native Land Amendment Aot, 1913— 100 0 0 Debentures issuod 225,000 0 0 225,000 0 0 25,980 12 10 180 12 10 Amount received in respect of Survey Liens 16,476 14 4 27,807 18 8 107 18 8 Rents, &o. .. 33,438 2 7 19,840 3 1 140 3 1 Land-sales 9,319 4 7 1,032 15 7 1,257 15 7 Repayments of Advances by Maori Land Boards under Seotion 274, Native Land Act, 1909,— 82 15 7 Prinoipal.. .. .. .. .. .. .. .. .. 1,079 13 7 157 15 7 Interest .. .. .. .. .. .. .. .. .. 1,216 2 7 190 11 9. 2,295 16 2 2,290 11 2 ;mu ii v, 81 15 4 Totals £333,381 15 4 £329,557 3 5. -L.iJ ■:<■' , -'.I i o > ■ STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS ACC IMENTS ACC 30UNT (Openin ; £ s. d. 688 18 9 Balanoe at beginning of Year, — Cash in the Publio Aooount £ 8. d. £ s. d. 3,597 17 3 14,935 16 10 Land Laws Amendment Act, 1913, — Revenue received under Section 63 .. 16,586 9 5 40,000 0 0 Amount set aside from Land for Settlements Aooount under Seotion 68 50,000 0 0 Totals £55,574 15 7 £70,184 6 8 STATEMENT of the RECEIPTS and EXPENDITURE of the C AVERSION ACCOUNT for £ s. d. 6,083 6 5 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Stock Agents— Cash .. £ a. d. £ a. d. 6,083 6 5 2,019 14 4 1,654 11 1 7,787 17 6 8,103 0 9 Totals £7,737 17 6 £8,103 0 9

27

8.-6

STATEMENT of the RECEIPTS and EXPENDITURE of the NATIVE LAND SETTLEMENT ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918.

1917-1918. EXPENDITURE. 1918 1919. £ s. d. 2,081 9 1 Annual Appropriation,— Vote 117 —Native-land Purchase Expenses .. £ s. d. £ s. d. 2,201 4 1 30,699 17 9 192,692 11 7 Expenditure under the Act, — Lands Department Native Department 28,403 9 7 136,487 7 2 164,890 16 9 223,392 9 4 Interest reoouping the Consolidated Fund in respeot of Debentures issued 73,887 2 2 64,879 6 8 New Zealand Loans Aot, 1908, — Native Land Amendment Aot, 1913 — Charges and Expenses 14 6 33,452 3 8 Balance at end of Year, — Cash in the Publio Aooount Imprests outstanding— In the Dominion 74,615 4 2 88,578 0 5 9,575 2 1 13,962 16 3 43,027 5 9 Totals £333,381 15 4 £329,557 3 5 ip Crown Lands for Settlement) for the Year ended 31st March, 1919, oompared with the Financial Year ended 31st March, 19l8. £ s. d. 43,995 19 0 Annual Appropriation,— Vote 115 —Roads to open up Lands for Settlement .. .. ,, £ s. d. £ s. d. 51,355 9 9 7,980 19 4 Interest reoouping the Consolidated Fund in respeot of Debentures issued 7,980 19 4 3,597 17 3 Balanoe at end of Year, — Cash in the Publio Aooount 10,847 17 7 Totals £55,574 15 7 £70,184 6 8 .he Year ended 3: st March, 1919, oompared with the Finanoial Year ended 81st March, 1918. I £ s. d. 365 3 3 Expenses Account, — Rent and Office Expenses £ 8. d. £ 8. d. 502 14 8 6,083 6 5 Balanoe at end of Year, — Cash in the Publio Aooount Advanoes in the hands of Stook Agents— Cash 5,583 6 5 1,654 11 1 1,651 16 5 7,235 2 10 7,737 17 6 Totals £8,103 0 9 £7,737 17 6

8.—6

28

Table No. 1—continued.

1917-1918. RECEIPTS. 1917-1918. RECEIPTS. 1918 1919. £ s. d. New Zealand Loans Aot, 1908, — Appropriation Act, 1918, Section 33 — Debentures issued .. .. .. .. .. •■ •• I £ s. d. £ s. d. 75,000 0 0 £75,000 0T0 Totals STATEMENT of the REOEIPTS and EXPENDITURE of the WAE AR EXPENS1 3NS] :s ACCOUNI £ s. d. Balance at beginning of Year, — 1,327,473 12 9 Cash in the Public Account .. .. .. .. .. .. 2, Imprests outstanding— 312,287 13 2 In the hands of Officers of the Government 644,54114 8 In London .. .. .. .. .. .. .. .. 1, 2,278,459 2 2 Investment Acoount .. .. .. .. .. .. ..3, 4,562,762 2 9 £ s. d. 2,062,309 19 4 ,0 6 ,8 ,5 i 162 At I2C 121 £ 2, 5, 0, 1, ,8' .3 ,6 ,0 309 J60 377 354 i 1 1 s. d. 19 4 3 1 19 8 3 4 £ s. d. 545,360 3 4 1,320,677 19 8 3,221,054 3 4 7,149,402 5 8 4,562,762 2 9 New Zealand Loans Aot, 1908, and Amendment Aot, 1915, — War Purposes Loan Aot, 1917, and War Purposes Loan Act, 1917 (No. 2)- £ 4,497,200 0 0 4J-per-cent. War Bonds issued on account of £28,000,000 Loan 3,427,250 Advance by Imperial Government on seourityof Memorandum 4,830,000 0 0 of Security (part of £28,000,000 Loan) 4,497,200 0 0 4,830,000 0 0 3,427,250 0 0 3 ,2 0 0 ° i New Zealand Inscribed Stock Aot, 1917 — 3-per-oent. Inscribed Stook issued on account of £28,000,000 Loan under Finance Aot, 1918, Section 16, Subsection (20) 2,810 4J-per-oent. Insoribed Stock issued on aooount of £28,000,000 6,310,075 0 0 Loan .. .. .. .. .. .. 5,708,400 4J per-oent. Inscribed Stook issued on aooount of £28,000,000 Loan (Death Duties) under War Purposes Loan Act, 1917, 829,525 0 0 Section 5 .. .. .. .. .. .. 170,475 5-per-cent. Inscibed Stook issued on aocount of £28,000,000 Loan under Finanoe Act, 1917, Seotion 68 .. .. 740,660 6,310,075 0 0 829,525 0 0 6, 6,622,345 0 0 32! !2, \,i 345 0 0 Finanoe Aot, 1917, Seotion 68— 1,542,500 0 0 5-per-cent. War Bonds issued on acoount of £28,000,000 Loan 18,009,300 0 0 1,542,500 0 0 9,300 0 0 9 ; -,l 301 0 0 10,058,895 0 0 8,009,300 0 0 — , —, — New Zealand Loans Aot, 1908,— Finance Act, 1918, Section 10— 4-per-oent. Debentures issued on acoount of £20,000,000 Loan 1,500,000 Advanoes by Imperial Government on security of Memorandum of Security (part of £20,000,000 Loan) .. .. 6,600,000 4J-per-cent. War Bonds issuod on acoount of £20,000,000 Loan 1,025,800 9 9,125,800 0 0 12 ib HOI 10 0 0 New Zealand Insoribed Stook Aot, 1917— 4J-per-cent. Insoribed Stook issued on aooount of £20,000,000 Loan.. .. .. .. .. .. .. 2,522,730 i\ per-oent. Insoribed Stock issued on account of £20,000,000 Loan (Death Duties) under Finanoe Aot, 1918, Seotion 15 .. 121,170 5-per-oent. Inscribed Stock issued on aooount of £20,000,000 Loan under Finance Aot, 1918, Section 13 .. .. 45,700 I 2,689,600 0 0 11,815,400 0 0 2 ,60( 10 0 c ,\J\J\ Publio Revenues Amendmont Aot, 1915, Seotion 5, — Publio Revenues Amendment Act, 1915 (No. 2), Seotion 2— Memorandum of Agreement issued to oover expenses of raising £8,110,000 (part of £10,000,000 Loan) 163,668 8 5 New Zealand Loans Aot, 1908, — Finance Act, 1916, Section 35— Memorandum of Agreement issuel to cover expenses of raising £4,500,000 (part of £16,000,000 Loan) 1,120,000 0 0 I 'Amount received on aocount of £16,000,000 Loan .. Amount received on acoount of £i6,000,000 Loan under New Zealand Loans 312,500 0 0 Amendment Act, 1915, and Finance Aot, 1916 (Seotion 87) i 490 siyi n n 1,120,000 0 0 2? 236,842 6, ,84: 12 2 ] 2 1 312,500 0 0 286,842 2 1 1,432,500 O O New Zealand Loans Aots, 1908 and 1915, and Amendments,-r-[Finance Aot, 1916, and Appropriation Aot, 1917 (Seotion 27)— 17,900 0 0 4J-por-oent. War Bonds issued on acoount of £16,000,000 Loan 1,432,500 0 0 17,900 0 0 Publio Revenues Amendment Act, 1915 (No. 2), Section 6, — 132,244 2 6 ! Amount reoeived for Remittances to Soldiers 7,258 8 5 ! Remittances received from Soldiers 132,244 2 6 7,258 8 5 IS ] 130,756 16 5 14,889 5 4 30 14 0, 4, ,75 ,88 16 I i 5 < 145,646 1 9 139,502 10 11 139,502 10 11 1,157 4 0 Contributions, &c, reoeived towards War Expenses Fund 1,157 4 0 1,669 3 0 £29,571,523 0 11 £24,163,12117 8 Totals £24,163,121 17 8

29

8.—6

STATEMENT of the RECEIPTS and EXPENDITURE of the WAIMARINO BUSH-FIRE RELIEF ACCOUNT for the Year ended 31st March, 1919.

*■ 1917-1918. EXPENDITURE. 1918-1919. e s. d. Expenditure under Seotion 33 of the Appropriation Aot, 1918 Balance at end of Year, — Cash in the Publio Aooount Imprests outstanding— In the Dominion £ s. d. 19,370 14 5 £ s. d. 51,949 18 0 3,679 7 7 23,050 2 0 Totals £75,000 0 0 for the Year ende< 31st March, 1919, oompared with the Financial Year ended 31st March, 1918. £ s. d. Expenditure under Seotion 8 of the Publio Revenues Amendment Aot, 1914 (War Purposes) £ s. d. £ e. d. 12,168,799 8 2 14,397,054 2 1 Expenditure under Seotion 6 of the Publio Revenues Amendment Aot, 1915 (Relief Purposes) 35,201 0 6 11,492 14 8 Expenditure under Seotion 11 of the Repatriation Aot, 1918 (Repatriation Purposes) 8,640 11 9 4,830,000 0 0 Refund to War Offioe on aooount of maintenanoa of New Zealand troops in field Less Paymaster's advanoes for January, February, and March, 1917, at £65,000 per month, not deduoted from the sum of £4,500,000 paid to War Offioe for maintenance of troops in Maroh, 1917 6,600,000 0 0 6,600,000 0 0 195,000 0 0 4,635,000 0 0 Publio Revenues Amendment Aot, 1915 (No. 2), Seotion 6,— Remittanoes to Soldiers Remittances from Soldiers.. 120,058 18 5 4,753 11 0 105,924 15 0 13,956 17 2 124,812 9 11 119,881 12 2 Pay-warrants Aooount 2 10 0 3 0 0 184 2 0 0 16 0 New Zealand Loans Aot, 1908, — Charges and Expenses of raising Loans — Publio Revenues Amendment Aot, 1915, Seotion 5 — Publio Revenues Amendment Aot, 1915 (No. 2), Seotion 2 Finance Aot, 1918, and New Zealand Loans Amendment Aot, 1915 Finanoe Act, 1916, and New Zealand Loans Amendment Aot, 1915 Finanoe Aot, 1916, Seotion 35 Finance Aot, 1916, and Appropriation Aot, 1917 (Section 27), and New Zealand Loans Amendment Aot, 1915 War Purposes Loan Aot, 1917, and New Zealand Loans Amendment Aot, 1915 163,668 8 5 292 12 6 236,842 2 1 0 10 6 73,426 10 9 30,114 3 3 130,917 6 3 73,611 19 3 2,062,309 19 4 Balanoe at end of Year,— Cash in the Publio Aooount .. .. .. .. .. .. Imprests outstanding— In the hands of Officers of the Government In London Investment Aooount 739,250 19 8 545,360 3 4 1,320,677 19 8 3,221,054 3 4 75,176 12 3 1,820,180 14 4 5,345,217 11 11 7,979,825 18 2 7,149,402 5 8 Totals #4,163,121 17 8 £29,571,523 0 11

30

8.—6

Table No. 1— continued.

1917-1918. RECEIPTS. 1918-1919. " I £ s. d. : Balance at beginning of Year, — 9,699 9 7 Cash in the Publio Aocount £ s. d. £ s. d. 1,365 2 0 New Zealand Loans Aot, 1908, — Hauraki Plains Amendment Aots, 1913 and 1914— Debentures issued Hauraki Plains Amendment Act, 1913, and Appropriation Aot, 1918 (Seotion 43)— Debentures issued 19,000 0 0 . 6,000 0 0 ! : 25,000 0 0 Reoeipts under Seotion 5 of the Hauraki Plains Aot, 1908,— 8,784 1 4 Rents 8,822 12 6 Land-sales 647 18 2 Miscellaneous 9,219 17 11 5,382 10 0 871 16 9 15,474 4 8 18,254 12 0 £27,954 1 7 Totals £41,839 6 8 STATEMENT of the RECEIPTS and EXPENDITURE of the ] NATIONAL ENDOWMENT iNDOWMENT £ s. d. Balanoe at beginning of Year, — 100,492 13 10 Cash in the Publio Aooount £ s. d. £ s. d. inn act a e e 108,824 5 5 £ s. d. 108,824 5 5 114,121 6 11 Rents, &c, from National Endowment Lands .. ... .. ..... 119,078 14 7 119,078 14 7 £227,903 0 0 £214,614 0 9 Totals £227,903 0 0 WORKERS' DWELLING! STATEMENT of the RECEIPTS and EXPENDITURE of the £ s. d. Balanoe at beginning of Year, — 46,477 1 1 Cash in the Publio Aocount Investment Aocount .. .. .. .. .. .. £ s. d. 46,477 1 1 £ s. d. 39,533 9 10 25,000 0 0 £ s. d. 64,583 9 10 46,477 1 1 Proceeds of sale of Workers' Dwellings under Seotion 16 of the Workers' Dwellings 18,056 8 9 Aot, 1910 46,477 1 1 18,056 8 9 20,384 9 2 £64,533 9 10 Totals £84,917 19 0 £64,533 9 10 STATEMENT of the RECEIPTS and EXPENDITURE of the MININ ADVANCE! £ s. d. 7,080 5 5 Balanoe at beginning of Year,— Cash in the Publio Aooount £ s. d. £ s. d. 5,798 12 4 15 16 11 Interest on Advances 23 19 2 Repayment of prinoipal,— Buchanan and Party Woolston Tanneries (Limited) 50 0 0 • 500 0 0 25 0 0 550 0 0 25 0 0 Totals £7,121 2 4 £6,372 11 6

B—6

STATEMENT of the RECEIPTS and EXPENDITURE of the HAURAKI PLAINS SETTLEMENT ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918.

31

1917-1918. EXPENDITURE. 1918-1919. * S. U. . X S. U. X, 8. U. Expenditure under Seotion 5 of the Hauraki Plains Aot, 1908, and Seotion 93 of the Reserves and other Lands Disposal and Publio Bodies Empowering 22,151 9 7 Aot, 1916.. .. .. .. .. .. .. .. .. .. 26,395 6 2 £ s. d. £ s. d. £ s. d. 22,151 9 7 26,395 6 2 4,437 10 0 Interest recouping the Consolidated Fund in reBpeot of Debentures issued .. .. 4,854 16 2 4,437 10 0 4,854 16 2 Balance at end of Year,— 1,365 2 0 Cash in the Publio Aocount .. .. .. .. .. .. 9,086 9 3 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 1,502 15 1 10,589 a 4 1,365 2 0 9,086 9 3 10,589 a 4 1,502 15 1 £27,954 1 7 Totals .. .. .. .. .. .. .. £41,839 6 8 £27,954 1 7 £41,889 0 8 3 ACCOUNT for the Year ended 31st March, 1919, oompared with the Financial Year ended 31st March, 1918. i £ s. d. £ s. d. £ s. d. 5,297 1 6 < Expenditure under Seotion 17 of the Land Laws Amendment Aot, 1912 .. .. .. 6,2 9 2 7 Land Aot, 1908, Seotion 263,— 100,492 13 10 Transfer to Consolidated Fund .. .. .. .. .. .. .. 108,824 B 5 Balanoe at end of Year, — 108,824 5 5 Cash in the Publio Aooount .. .. .. .. .. .. .. 112,839 12 0 £214,614 0 9 Totals .. .. .. .. .. .. .. £227,903 0 0 £227,903 0 0 .CCOUNT for the Year ended 31st March, 1919, oompared with the Financial Year ended 31st March, 1918. £ s. d. 39,533 9 10 25,000 0 0 Balanoe at end of Year— Cash in the Publio Aooount Investment Aooount £ a. d.! £ s. d. 29,917 19 0 55,000 0 0 j i 84,917 19 0 64,583 9 10 £84,917 19 0 i £64,533 9 10 Totals CCOUNT 'or the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918. £ s. d. 1,322 10 0 £ s. d. £ s. d. 1,097 10 0 Interest reoouping the Consolidated Fund in respect of Debentures issued 5,798 12 4 Balance at end of Year, — Cash in the Publio Aocount 5,275 1 6 £7,121 2 4 Totals £6,372 11 6

8.~6

32

Table No. 1—continued.

1917-1918. RECEIPTS. 1918-1919. £ s. d. 1,175 17 9 Balanoe at beginning of Year, — £ a. d. Cash in the Publio Acoount £ s. d. 4,269 16 2 I 20,000 0 0 2,000 0 0 22,000 0 0 6 15 0: 2,200 0 0 New Zealand Loans Aot, 1908, — Rangitaiki Land Drainage Amendment Aot, 1913, and Appropriation Aot, 1918 (Seotion 44) — • Debentures issued .. .. .. .. .. .. ,, | 5,000 0 0 Rangitaiki Land Drainage Amendment Aot, 1918, and Finance Act, 1917 (Section 81)— Debentures issued .. .. .. .. .. .. .. j 20,000 0 0 Rangitaiki Land Drainage Amendment Acts, 1913 and 1914 — Debentures issued .. .. .. ... .. .. ; Rangitaiki Land Drainage Act, 1910, — Receipts, &o. .. .. .. .. .. .. .. ., 10 0 0 Compensation for land taken (Seotion 8) .. 25,000 0 0 6 15 0 2,200 0 0 o onfi k n 10 0 0 2,206 15 0 120 8 6 2,206 15 0 Rangitaiki Land Drainage Amendment Aot, 1913, Seotion 6,— Rate Aooount 120 8 6 4,123 9 10 7,500 0 0 Temporary transfer from the Consolidated Fund in terms of Seotion 56 of the Publio Revenues Aot, 1910 7,500 0 0 £33,003 1 3 £33,003 1 3 Totals ■ £33,403 6 0 " -; I ; STAT. ?BMBNT of the RECEIPTS and EXPENDITURE of the BANK OF NEW ZEALAND A TS 1903 an ST A' £ s. d. £ s. d. ; £ s. d. £ s. d. 875,000 0 0 Balanoe at beginning of Year,— Investment Aooount .. .. .. .. .. .. .. .. 875,000 0 0 875,000 0 0 Totals .. .. .. .. .. .. .. £875,000 0 0 £875,000 0 0 £875,000 0 0 8TATEMENT of the RECEIPTS and EXPENDITURE of the RESERVE FUND ACCOUN' £ s. d. s. d. s. d, £ a. d. Balanoe at beginning of Year, - )0 0 0 Investment Aooount .. .. .. .. .. .. .. .. 800,000 0 0 800,000 0 0 30 0 0 Totals .. .. .. .. .. .. .. £800,000 0 0 £800,000 0 0 STATEMENT of the REOEIPTS and EXPENDITURE of the NEW ZEALAND CONSOLS D CONSOLS £ s. d. £ s. d. £ a. d. £ s. d. W,i In nun of luiiYiiiiiinrt nf Vim c £ s. d. 106 14 0 475,885 0 0 Balanoe at beginning of Year,— D6 14 0 Cash in Deposit Aooount .. .. .. .. .. .'. .. 6 14 0 35 0 0 Investment Aooount .. .. .. .. ... .. .. 475,985 0 0 Balance at beginning of Year,— Cash in Deposit Account .. Investment Aooount 47-5,991 14 0 475,991 14 0 Totals £475,991 14 0 £475,991 14 0

33

8.—6

STATEMENT of the RECEIPTS and EXPENDITURE of the RANGITAIKI LAND DRAINAGE ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918.

1917-1918. EXPENDITURE. 1918•1919. £ s. d 16,572 13 11 Expenditure under Seotion 7 of the Rangitaiki Land Drainage Aot, 1910.. £ s. d. £ s. d. 28,842 12 3 Compensation under Stotion 8 of tho Rangitaiki Land Drainage Act, 1910 181 11 1 0 3 6 0 10 6 New Zealand Loans Act, 1908, — Charges and Expenses— Rangitaiki Land Drainage Amendment Aot, 1913, and Finance Act, 1917 (Section 81) .. Rangitaiki Land Drainage Amendment Acts, 1913 and 1914 0 14 0 Temporary transfer from the Consolidated Fund in terms of Seotion 56 of the Public Revenues Act, 1910, now restored 7,500 0 0 4,659 17 2 Annual Appropriation,— Vote—Rangitaiki. Land Drainage Expenses .. 4,269 16 2 Balanoe at end of Year, — Cash in the Publio Account 4,379 2 8 £33,003 1 3 Totals .. £33,403 6 0 913 ACCOU] T for the Year ended 31st March, 1919, oompared with the Financial Yoar endi id 31st March, 19: .8. £ s. d. £ s. d. £ s. d. £ s. d. 875,000 0 0 Balanoe at end of Year, — Investment Account 875,000 0 0 875,000 0 0 £875,000 0 0 Totals £875,000 0 0 for the Year endec d 31st March, 1919, oompared with the Financial Year ended 31st March, 1918. £ s. d. £ s. d. £ s. d. 800,000 0 0 Balanoe at end of Year, — Investment Aocount 800,000 0 0 £800,000 0 0 Totals £800,000 0 0 .CCOUNT lor the Year ended 31st March, 1919, oompared with the Financial Year ended 31st March, 1918. £ s. d. £ s Balanoe at end of Year, — 6 14 0 Cash in Deposit Account .. .. .. .. .. .. .. 6 14 475,985 0 0 Investment Account .. .. .. .. .. .. .. 475,985 ( Antt rtftl i a l\ £ s. d. £ s. d. £ s. d. 6 14 0 475,985 0 0 6 14 0 475,985 0 0 475,991 14 0 475,991 14 0 475,991 14 0 £475,991 14 0 Totals .. £475,991 14 0 £475,991 14 0 i 5—B. 6.

B.—B

34

Table No. 1—continued.

1917-1918. RECEIPTS. 1911 -1919. £ s. d. £ s. d. £ s. d. 11,178 2 2 Balance at beginning of Year, — Cash in the Publio Aooount Imprests outstanding— In the Dominion 20,755 8 7 175 11 8 20,931 0 3 11,178 2 2 28,120 19 2 Sale of Kauri-gum .. .. 10,803 18 10 £39,299 1 4 Totals £37,734 14 1 STATEMENT of the RECEIPTS and EXPENDITURE of tho iWAMP LAN! drainag: £ s. d. 4,435 6 8 Balanoe at beginning of Year, — Cash in the Public Account Imprests outstanding— In the Dominion 3,170 12 2,217 14 £ s. d. 3,170 12 8 £ s. d. 4,435 6 8 2,217 14 3 5,388 6 11 10,000 0 0 New Zealand Loans Act, 1908, — Swamp Drainage Act, 1915 — Debentures issued 25,000 0 0 Totals £14,435 6 8 £30,388 6 11 STATEMENT of the RECEIPTS and EXPENDITURE 3f the LOANS .EDEMPTION £ s. d. £ s. d. £ s. d. 114 4 11 Balanco at boginning of Year, —■ Cash in the Public Account 105 11 11 1,930,950 0 0 New Zealand Loans Aot, 1908, — New Zealand Insoribed Stock Act, 1917 — 4J-per-oent. Insoribed Stook, 1938, issued in conversion of War Bonds, as per contra 301,050 0 0 i New Zealand Loans Act, 1908, — New Zealand Inscribed Stock Act, 1917— 4|-per-cent. Inscribed Stock, 1938, issued for redemption of Insoribed Stook issued for Death Duties 23,600 0 0 Debentures issued for Redemption of Debentures, — New Zealand Loans Act, 1908— Aid to Public Works and Land Settlement Act, .1901, due 1st December, 1918.. Aid to Public Works and Land Settlement Act, 1.906, due 1st January, 1.919 . . Land for Settlements Act, 1908, due 1st January, 1918 Maori Land Settlement Aot, 11)05, duo 1st January, 1918 New Zealand State-guaranteed Advances Aots, 1909-10 — Land for Settlements Branch, due 1st November, 1918 Land for Settlements Branch, duo 1st January, 1919 Land for Settlements Branch, due 1st February, 1919 Public Works Act, 1908— Paeroa-Waihi Railway Act, 1903, due 31st March, 1919 Government Railways Aot, 1908 (Railways Improvement Authorization Aots, 1904-7), due 30th Juno, 1917 51,000 0 0 6,100 0 0 400 0 0 200 0 0 600 0 0 64,265 0 0 48,200 0 0 86,250 0 0 1,000 0 0 1,931,064 4 11 Carried forward 257,015 0 0 324,755 11 11

35

8.—6

STATEMENT of the RECEIPTS and EXPENDITURE of the KAURI-GUM INDUSTRY ACCOUNT for the Year ending 31st March, 1919, compared with the Financial Year ended 31st March, 1918.

1917-1918. EXPENDITURE. EXPENDITURE. 191J 1-1919. £ s. d. 18,368 1 1 £ s. d. £ 8. (1. 28,513 9 8 Expenditure under Section 4 of the Kauri-gum Industry Amondment Aot, 1914 Expenditure under Seotion 4 of the Kauri-gum Industry Amendment Act, 1914, and Seotion 16 of tho Appropriation Act, 1918 153 15 0 Interest recouping the Consolidated Fund in respect of Debentures issued 5,679 1 0 20,755 8 7 175 11 8 Balance at end of Year, — Cash in the Public Aooount Imprests outstanding— In the Dominion 3,296 6 4 92 2 1 3,388 8 5 20,931 0 3 Totals .. £39,299 1 4 £37,734 14 1 lCCOUNT for the Year ended 31st Maroh, 1919, compared with the Financial Year ended 31st March, 1918. £ s. d. 9,046 12 9 Expenditure under Section 4 of tho Swamp Drainage Aot, 1915, and Seotion 95 of tho Rosorves and other Lands Disposal and Publio Bodies Empowering Aot, 1916 £ s. d. £ s. d. 24,124 13 7 New Zealand Loans Act, 1908, — Swamp Drainage Act, 1915 — Charges and Expenses 0 7 0 3,170 12 8 Balance at ond of Year, — Cash in the Public Account Imprests outstanding— In the Dominion 6,263 13 4 6,263 13 4 2,217 14 3 5,388 6 11 Totals .. £30,388 6 11 £14,435 6 8 ACCOUNT to: tho Year ended 31st March, 1919, oompared with the Financial Year ended 31st March, 1918. £ s. d. War Bonds converted into 4J-per-cent. Inscribed Stook, 1938, under Section 3 of £ s. d. the Now Zealand Insoribed Stock Act, 1917, — New Zealand Loans Act, 1908, and Amendmont Act, 1915, and Finance Act, War Bonds converted into 4£-per-cent. Inscribed Stook, 1938, under Section 3 of the Now Zealand Insoribed Stock Act, 1917, — New Zealand Loans Act, 1908, and Amendment Aot, 1915, and Finance Act, 1916 (Seotion 37)— Finanoe Act, 1916, Section 35 — Due 1st September, 1930 Due 1st September, 1941 £ s. d. 448,800 0 0 1,482,150 0 0 1916 (Seotion 37)— Finanoe Act, 1916, Section 35 — Duo 1st September, 1930 .. .. .. .. .. .. 259,400 0 0 Due 1st September, 1941 .. .. .. .. .. .. 41,650 0 0 301,050 0 0 1,930,950 0 0 Insoribed Stook (Death Duties) redeemed, — Now Zealand Loans Act, 1908— New Zealand Inscribed Stock Aot, 1917— 4|-per-cent. Insoribed Stook (Death Duties) — Matured 5th April, 1918 .. Matured 17th May, 1918 .. Matured 20th June, 1918 Matured 30th October, 1918 Matured 1st November, 1918 Matured 5th February, 1919 Matured 7th February, 1919 Matured 7th February, 1919 Matured 27th February, 1919 1,000 0 0 1,300 0 0 300 0 0 5,000 0 0 4,500 0 0 10,000 0 0 200 0 0 500 0 0 800 0 0 Debentures redoemed, — New Zealand Loans Aot, 1908 — Aid to Publio Works and Land Settlement Act, 1901, due 1st December, 1918 Aid to Public Works and Land Settlement Act, 1906, due 1st January, 1919 .. Land for Settlements Act, 1908, due 1st January, 1918 Maori Land Settlement Aot, 1905, due 1st January, 1918 .. 23,600 0 0 51,000 0 0 6,100 0 0 400 0 0 200 0 0 1,930,950 0 0 Carried forward 57,700 0 0 324,650 0 0

8.-6

36

Table No. 1- continued.

1917-1918. RECEIPTS. 1918-1919. £ s. d. 1,931,064 4 11 Brought forward £ s. d. 257,015 0 0 £ s. d. 324,755 II 11 1,0!!0 0 0 200 0 0 24,500 0 0 9,525 0 0 Debentures issued for Redemption of Debentures — continued. Now Zealand Loans Aot, 1908 — continued. Government Railways Amendment Aot, 1910, due 1st January, 1918 Land for Settlements Aot, 1908, duo 1st January, 1918 Maori Land Settlement Act, 1.905, due 1st January, 1918 Now Zealand State-guaranteed Advances Acts, 1909-10 — Land for Settlements Branch, due 1st April, 1917 39,500 0 0 -!57,015 0 0 74,725 0 0 Debentures issued in Renewal, — Now Zoaland Loans Act, 1908— Aid to Public Works and Land Settlement Act, 1.901, duo 1st December, 1918, renewed to 1st December, 1923 Aid to Public Works and Land Settlement Aot, 1906, due 1st January, 1919, renewed to 1st January, 1924 Aid to Water-power Works Act, 1910, due 1st May, 1918, ronowod to 1st May, 1923 Coal-minos Act, 1908, due 1st April, 1918, renewed to 1st April, 1923 Consolidated Stook Aot, 1884, due 1st February, 1919, renewed to 1st February, 1924 Gonoral Purposes Loan Act, 1873, due 15th October, 1918, renewed to 15th October, 1923 Government Advances to Settlers Aot, 1908, due 1st January, 1919, renewed to 1st January, 1924 Government Railways Amendment Act, 1910, due 1st January, 1919, renewed to 1st January, 1924 Hauraki Plains Amendmont Act, 1913, due 1st February, 1919, renewed to 1st February, 1924 Hutt Railway and Road Improvement Acts, 1903-5, ,due 1st May, 1918, renewed to 1st May, 1923 Hutt Railway and Road Improvement Acts, 1903, 1905, 1907, 1910, duo 30th June, 1918, ronowod to 30th June, 1923 Irrigation and Water-supply Act. 1913, due 1st October, 1918, renewed to 1st October, 1923 Local Bodies' Loans Act, 1908, duo 1st Juno, 1918, renewed to 1st June, 1923 New Zealand State-guaranteed Advances Act, 1909— Native Land Settlement Branch, due 1st April, 1918, renewed to 1st April, 1923 Local Authorities Branch — Hauraki Plains Settlement, due 1st April, 1918, renewed to 1st April, 1.923 Opening up Crown Lands for Settlement, due 1st April, 1918, ronowod to 1st April, 1923 .. Rangitaiki Land Drainage, duo 1st April, 1918, ronowod to 1st April, 1923 Now Zoaland State-guaranteed Advances Acts, 1909-10 — Advances to Workers Branch, duo 1st January, 1919, renewed to 1st January, 1924 Land for Settlements Branch, due 1st April, 1918, renewed to 1st April, 1923 Land for Settlements Branch, duo 1st October, 1918, renewed to 1st October, 1923 Land for Settlements Branch, due 1st November, 1918, renewed to 1st November, 1923 Land for Settlements Branch, due 1st January, 1919, renewed to 1st January, 1924 Land for Settlements Branch, due 1st February, 1919, renewed to 1st February, 1924 Rangitaiki Land Drainage Amendment Act, 1913, due 1st March, 1919, renewed 1st March, 1924 Scenery Preservation Act, 1908, due 1st May, 1918, renewed to 1st May, 1923.. Waihou and Ohinemuri Rivers Improvement Act, 1910, due 1st August, 1918, renewed to 1st August, 1923 .. .. .. .. .. Aid to Public Works and Land Settlement Act, 1.902, due 1st Deoember, 1917, renewed to 1st Decern her, 1922 Aid to Publio Works and Land Sottlomont Aot, 1914, duo 1st February, 1917, renewed to 1st February, 1918 Aid to Publio Works and Land Settlement Act, 1914, due 1st February, 1918, renewed to 1st February, 1923 Defence and othor Purposes Loan Act, 1870, due 1st July, 1917, renewed to 1st July, 1922 Government Railways Act, 1908 (Railways improvement Authorization Aots, 1904-7), duo 30th June, 1917, ronowed to 30th June, 1.922 Govornmont Railways Amendment Aot, 1910, due 1st January, 1918, renewed to 1st January, 1923 Land for Settlements Act, 1908, due 1st January, 1918, renewed to 1st January, 1923 ... .. .. .. .. .. .. Local Bodies' Loans Act, 1908, due 1st March, 1918, renewed to 1st March, 1923 Maori Land Sottlomont Aot, 1905, due 1st January, 1918, renewed to 1st January, 1923 Native Land Purchase Act, 1892, due 31st October, 1917, renewed to 31st October, 1922 New Zealand State-guaranteed Advances Acts, 1909-10 — Advances to Settlers Branch, due 23rd October, 1917, renewed to 23rd October, 1922 Land for Settlements Branch, due 31st October, 1917, renewed to 31st October, 1922 Public Revenues Act, 1910 (Reserve Fund Securities Act, 1907), due 1st August, 1917, renewed to 1st August, 1922 10,600 0 0 73,000 0 0 165,COO 0 0 10.0C0 0 0 194,200 0 0 5,200 0 0 12,900 0 0 52,560 0 0 14,000 0 0 100,000 0 0 5,190 0 0 35,000 0 0 50,000 0 0 80,000 0 0 10,000 0 0 33,000 0 0 5,000 0 0 205,000 0 0 33,000 0 0 99,000 0 0 8,000 0 0 83,700 0 0 24,500 0 0 10,000 0 0 30,000, 0 0 100,000 0 0 128,000 0 0 100,000 0 0 100,000 0 0 25,000 0 0 16,000 0 0 51,440 0 0 57,375 0 0 416,000 0 0 28,450 0 0 125,000 0 0 750,000 0 0 814,706 0 0 800,000 0 0 i,412,031 0 0 1,448,850 0 0 Carried forward ,417,820 4 11 2,030,620 11 11

8.—6

37

STATEMENT of the RECEIPTS and EXPENDITURE of the LOANS REDEMPTION ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918—continued.

1917-1918. EXPENDITURE. 1918-1919. £ s. d. 1,930,950 0 0 Brought forward £ s. d. 57,700 0 0 £ s. d. 324,650 0 0 238 15 8 1,000 0 0 200 0 0 24,500 0 0 47 5 0 9,525 0 0 1,203 18 9 Debentures redeemed— continued. New Zoaland Loans Act, 1908— continued. New Zoaland State-guaranteed Advances Acts, 1909-10 — Land fo Settlements Branch, due 1st November, 1918 Land for Sottloments Branch, duo 1st January, 1919 Land for Settlements Branch, duo 1st February, 1919 Public Works Aot, 1908— Paoroa-Waihi Railway Aot, 1903, due 31st March, 191.9 Aid to Publio Works and Land Settlement Act, 1910, due 1st June, 1922 Government Railways Ac , 1908 (Railways Improvement Authorization Acts, 1904-7), due 30th June, 1917.. Government Railways Amendment Act, 1910, duo 1st January, 1918 Land for Settlements Act, 1908, duo 1st January, 1918 Land for Settlomonts Aot, 1908, duo 1st Juno, 1922 Maori Laud Settlement Act, 1905, due 1st January, 1918 Naval Defence Aot, 1909, due 1st June, 1922 New Zealand State-guaranteed Advanoes Acts, 1909-10 — Advances to Settlers Branch, due 1st Juno, 1922 Advances to Workers Branch, duo 1st June, 1922 Land for Settlements Branoh, duo 1st April, 1.917 Public Revenues Amendment Aot, 1914, Section 8 (War Expenses), due 1st Juno, 1.922 .. .. .. .. .. Publio Revenues Amendmont Act, 1915, Section 5 (War Expenses), due 1st June, 1922 600 0 0 64,265 0 0 48,200 0 0 86,250 0 0 109 12 6 4 2 6 39,500 0 0 1,123 15 0 290 10 0 257,015 0 0 77,742 19 5 Debentures redeemed by Ronowal, — Now Zoaland Loans Aot, 1908— Aid to Public Works and Land Settlement Act, 1901, due 1st December, 1918 Aid to Public Works and Land Settlement Act, 1906, due 1st January, 1919 Aid to Water-power Works Act, 1910, duo 1st May, 1918 Coal-mines Act, 1908. due 1st April, 1918 Consolidated Stook Act, 1884, due 1st February, 1919 .. General Purposes Loan Act, 1873, due 15th Octobor, 1918 Government Advancos to Settlers Act, 1908, due 1st January, 1919 Government Railways Amendment Act, 1910, due 1st January, 1919 Hauraki Plains Amendment Act, 1913, due 1st February, 1919 Hutt Railway and Road Improvement Acts, 1903-5, duo 1st May, 1918 Hutt Railway and Road Improvement Acts, 1903, 1905, 1907, 1910, due 30th Juno, 1918 .. .. Irrigation and Water-supply Act, 1913, due 1st October, 1918 Local Bodies' L ans Act, 1908, duo 1st Juno, 1918 New Zoaland State-guaranteed Advances Act, 1909 — Native Land Settlement Branch, due 1st April, 1918 Local Authorities Branoh — Hauraki Plains Settloment, due 1st April, 1918 Opening up Crown Lands for Settlement, due 1st April, 1918 Rangitaiki Land Drainage, due 1st April, 1918 New Zealand State-guarantood Advances Acts, 1909-10— Advances to Workers Branch, due 1st Janurry, 1919 Land for Settlements Branch, duo 1st April, 1918 Land for Settlements Branch, duo 1st October, 1918 Land for Settlements Branch, due 1st November, 1918 Land for Settlements Branch, due 1st January, 1919 Land for Settlements Branch, duo 1st February, 1919 Rangitaiki Land Drainage Amendment Aot, 1913, duo 1st March, 1919 Scenery Preservation Act, 1908, due 1st May, 1918 Waihou and Ohinemuri Rivers Improvement Act, 1910, duo 1st August, 1918 Aid to Public Works and Land Settlement Aot, 1902, due 1st December, 19.17 Aid to Public Works and Land Settlement Act, 1914, duo 1st February, 1917 Aid to Public Works and Land Sottloment Act, 1914, due 1st February, 1918 Defence and othor Purposes Loan Aot, 1870, due 1st July, 1917 Government Railways Act, 1908 (Railways Improvement Authorization Acts, 1904-7), duo 301h June, 1917 Government Railways Amendment Act, 1910, duo 1st January, 1918 Land for Settlements Act, 1908, due 1st January, 1918 Looal Bodies' Loans Act, 1908, due 1st March, 1918 Maori Land Settlement Act, 1905, due 1st January, 1918 .. Native Land Purchase Aot, 1892, duo 31st Octobor, 1917 New Zealand State-guaranteed Advances Aois, 1909-10 — Advances to Settlors Branch, due 23rd October, 1917 Land for Settlements Branoh, duo 31st Octobor, 1917 Publio Rovcnuos Aot, 1910 (Reserve Fund Securities Act, 1907), duo 1st August, 1917 10,600 0 0 73,000 0 0 165,000 0 0 10,000 0 0 194,200 0 0 5,200 0 0 12,900 0 0 52,560 0 0 14,000 0 0 100,000 0 0 5,190 0 0 35,000 0 0 50,000 0 0 80,000 0 0 10,000 0 0 33,000 0 0 5,000 0 0 205,000 0 0 33,000 0 0 99,000 0 0 8,000 0 0 83,700 0 0 24,500 0 0 10,000 0 0 30,000 0 0 100,000 0 0 128,000 0 0 100,000 0 0 100,000 0 0 25,000 0 0 16,000 0 0 51,440 0 0 57,375 0 0 416,000 0 0 28,450 0 0 125,000 0 0 750,000 0 0 814,766 0 0 800,000 0 0 3,412,031 0 (i 1.448,850 0 0 Memorandum of Security cancelled and replaced by Memorandum of Security as per contra, —• Now Zealand Loans Act, 1908— Public Revenues Amendment Act, 1915, Section 5— Public Revenues Amendment Act, 1915 (No. 2), Seotion 2 710,000 0 0 5,420,723 19 5 Carried forward .. .. . .. 2,740,515 0 0

8.—6

38

Table No. 1—continued.

1917-1918. RECEIPTS. 1918-1919. £ s. d. 5,417,820 4 11 Brought forward £ s. d. £ s. d. 2,030,620 11 11 Memorandum of Security at 5 per cent., at tho rate of £100 for each £95 advanced, issued in replacement of Memorandum of Security at 5| per cent, at par,— New Zealand Loans Act, 1908— Public Revenues Amendment Act, 1915, Section 5—■ Public Revenues Amendment Act, 1915 (No. 2), Section 2 710,000 0 0 47 5 0 1,203 18 9 238 15 8 Debentures issued to cover Expensos on issue of Debentures, — New Zealand Loans Act, 1908 — Land for Settlements Act, 1908 Naval Defence Act, 1909 Aid to Public Works and Land Settlement Act, 1910 New Zoaland Stato-guaranteod Advanoes Acts, 1909-10 — Advances to Settlers Branoh Advances to Workers Branch Public Revonuos Amendment Act, 1914, Seotion 8 (War Expenses) Public Revenues Amendment Aot, 1915, Section 5 (War Expenses) 109 12 6 4 2 6 1,123 15 0 290 10 0 3,017 19 5 New Zoaland Loans Act, 1908, — Finance Act, 1918, Section 17— Public Revenues Amendment Act, 1914, Section 8 (War Expenses)— Memorandum of Security issued in place of Treasury Bills 1,168,421 1 0 £6,589,259 5 4 Totals £2,740,620 11 11 \ STATEMENT of the RECEIPTS and EXPENDITURE of the FRUI' '-PRESERVING INDUSTRY £ s. d. 882 8 4 Balanoe at beginning of Year, — Cash in the Publio Aooount £ s. d. £ s. d. 6,258 0 8 11,000 0 0 New Zealand Loans Act, 1908, — Fruit-preserving Industry Act, 1913, and Finance Aot, 1917 (Section 80) — Debentures issued Fruit-preserving Industry Aot, 1913 — Debentures issued 9,500 0 0 9,500 0 0 10,800 0 0 21,800 0 0 Fruit-preserving Industry Act, 1913, Seotion 4, — Repayment of Advanoes— Principal Interest 6,117 10 0 968 12 3 1,176 16 8 1,638 2 0 2,814 18 8 7,086 2 3 Totals £29,768 10 7 £18,572 19 4

39

8.—6

STATEMENT of the RECEIPTS and EXPENDITURE of the LOANS REDEMPTION ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918—continued.

1917-1918. EXPENDITURE. 1918-1919. £ s. d. 5,420,723 19 5 Brought forward £ s. d. | £ s. d. 2,740,515 0 0 6 14 0 0 3 6 0 3 6 0 3 6 0 10 6 0 7 0 0 3 6 0 3 6 0 7 0 3 15 0 Expenses Account, — New Zealand Loans Act, 1908 — Government Railways Amendment Act, 1910 Land for Settlements Aot, 1908 Maori Land Settloment Act, 1905 Aid to Public Works and Land Settlement Act, 1902 Aid to Public Works and Land Settlement Act, 1910 Aid to Public Works and Land Settloment Act, 1914 Defence and othor Purposes Loan Aot, 1870 Government Railways Act, 1908 Government Railways Act, 1908, and Finance Act, 1909 Native Land Purchase Aot, 1892 Naval Defence Aot, 1909 New Zealand Insoribed Stock Act, 1917 New Zealand State-guaranteod Advances Aots, 1909-10 — Advances to Settlers Branch Advances to Workers Branch Land for Settlemen ts Branoh Publio Revenuos Act, 1910 (Reserve Fund Securities Act, 1907) Public Revenuos Amendment Aot, 1914, Section 8 (War Fxpensos) Public Revenues Amendmont Act, 1915, Section 5 (War Expenses) 0 17 6 1 3 6 3 14 6 5 15 6 0 10 6 0 10 6 0 10 6 0 3 6 0 3 6 0 3 6 8 13 0 300,000 0 0 168,421 1 0 700,000 0 0 Now Zoaland Loans Act, 1908, — Treasury Bills cancelled and replaced by Memorandum of Security as per contra— Public Rovcnuos Amendmont Act, 1914, Seotion 8 (War Expenses)— Treasury Bill due 16th December, 1917 Treasury Bill due 28th December, 1917 Treasury Bill due 31st March, 1918 1,168,421 1 o Balance at end of Year, — Cash in the Public Account 99 16 5 105 11 11 Totals .. £0,589,259 5 4 £2,740,620 11 11 .DVANCES ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st Larch, 1918. £ s. d. 23,509 15 11 Advanoes under the Fruit-preserving Industry Acts, 1913 and 1914 £ s. d. £ s. d. 14,490 0 0 0 14 0 New Zealand Loans Aot, 1908, — Fruit-preserving Industry Act, 1913— Charges and Expenses 6,258 0 8 Balance at end of Year— Cash in the Publio Aooount 4,082 19 4 Totals .. £29,768 10 7 £18,572 19 4

8.—6

40

Table No. 1— continued.

1917-1918. RECEIPTS. 19181919. £ s. d. 6,824 2 11 1. Balance at beginning of Year, — 1 Cash in tho Public Account Imprests outstanding— ) In the Dominion l £ s. d. 27,400 9 7 £ s. d. 21 10 0 4,033 10 8 31,434 0 3 6,845 12 11 L New Zealand Loans Act, 1908, and Discharged Soldiers Settlement Act, 1915, — Finance Act, 1918 (No. 2), Section 31— Debentures issued New Zealand Loans Act, 1908, — Discharged Soldiers Settlement Act, 1915, and Finance Aot, 1917 (Section 82)— ) Debentures issued Discharged Soldiers Settlement Act, 1915, and Amendment Act, 1916 (Section 7) — ) Debentures issued ) 400,000 0 0 60,000 0 0 340,000 0 0 64,000 0 0 124,000 0 0 Discharged Soldiers Settlement Aot, 1915, Section 9, — I Repayment of Advances .. ) Interest on Advances .. .. .. .. .. i 740,000 0 0 8,076 9 1 2,100 6 0 23,612 17 10 7,831 0 9 31,443 18 7 10,176 15 1 1 ) Totals .. £141,022 8 0 £802,877 18 10 STATEMENT of tho RECEIPTS and EXPENDITURE of the C LD-STORAGE ADVANCE £ s. d. . Balance at beginning of Year, — Cash in the Public Aocount £ s. d. £ s. d. 2,500 0 0 New Zealand Loans Act, 1908, — Finance Act, 1918 (No. 2), Section 30 - Debentures issued Appropriation Aot, 1917, Seotion 22 — ) Debentures issued 9,500 0 0 23,250 0 0 70,500 0 0 80,000 0 0 £23,250 0 0 ) Totals £82,500 0 0 The Treasu: , Wellin; ;ton, 30th A; aril, 1919.

41

8.—6

STATEMENT of the RECEIPTS and EXPENDITURE of the DISCHARGED SOLDIERS SETTLEMENT ACCOUNT for the Year ended 31st March, 1919, compared with the Financial Year ended 31st March, 1918.

G. F. C. Campbell, Examined and found correct. Secretary to the Treasury Robp,rt J. Collins, A. Morgan, Controller and Auditor-General. Acting Accountant to the Treasury.

6—B. 6.

1917-1918. EXPENDITURE. 1918-1919. 109,918 2 0 Advances made under Sections 6 and 9 of the Discharged Soldiers Settlement Act, 1915 £ s. d. 109,918 2 0 £ s. d. £ s. d. 572,802 17 11 * Or. 330 11 9 Expenditure under Seotion 9 of the Discharged Soldiers Settlement Aot, 1915 Or. 330 11 9 10,307 18 2 New Zealand Loans Act, 1908, — Discharged Soldiers Settlement Aot, 1915, and Amendment Aot, 1916 — 0 17 6 Charges and Expenses 0 17 6 Balanoe at end of Year, — 27,400 9 7 Cash in the Publio Aooount . Imprests outstanding4,033 10 8 | In the Dominion ai 4.3d. n a 27,400 9 7 179,306 3 0 219,767 2 9 4,033 10 8 40,460 19 9 31,434 0 3 £141,022 8 0 Totals .. 31,434 0 3 £141,022 8 0 £802,877 18 10 ACCOUNT for the Year ended 31st March, 1919, compared with the Finanoial Year ended 31st iarch, 1918. £ s. d. £ s. d. £ s. d. 82,500 0 0 Advances made under Seotion 30 of the Finanoe Aot, 1918 (No. 2) 20,750 0 0 Advanoes made under Seotion 22 of the Appropriation Aot, 1917 .. Balanoo at end of Year,— 2,500 0 0 Cash in the Publio Acoount £23,250 0 0 Totals £82,500 0 0 £23,250 0 0

8.—6

42

Table No 1— continued. SUMMARY of BALANCES on 31st MARCH, 1919.

Balances. Cash. I Imprests. Investments. Total. Consolidated Fund :— Ordinary Revenue Account State Forests Aocount State Coal-mines Account Scenery Preservation Acoount .. Accounts of Local Bodies Deposit Accounts £ a. d. 15,239,560 10 0 2,399 5 6 120,355 15 11 433 8 7 10,857 17 8 3,067,110 11 5 £ s. d. I £ s. d. £ s. d. £ «- d. Consolidated Kund :— Ordinarv Revenue Account .. 2,949,459 18 5 268,571 S 3 12,021,529 3 i State Forests Account.. .. 2,398 0 6 15 0 State Coal-mines Aocount .. 120,190 8 0 165 7 11 Scenery Preservation Account .. 433 8 7 Accounts of Local Bodies .. 10,857 17 8 Deposit Accounts .. .. 1,386.572 12 2 209,200 9 3 1,471,337 10 0 18,440,717 9 1 4,469,912 5 4 477,938 10 5 13,492,866 13 4 £ s. < 268,571 8 : 1 5 i 165 7 1 209,200 9 : a. 3 1 0 11 3 £ s. d. 12,021,529 3 i 1,471,337 10 0 4 0 £ s. d. 15,239,560 10 0 2,399 5 6 120,355 15 11 433 8 7 10,857 17 8 3,067,110 11 5 1,469,912 5 4 477,938 10 5 13,492,866 13 4 18,440,717 9 1 Public Works Fund ■ 186,198 11 7 Public Works Fund .. .. 157,359 17 6 28,838 14 1 186,198 11 7 The Railways Improvement Authorization Act 1914 Account The Waihou and Ohinemuri Rivers Improvement Account .. Electric Supply Account Cheviot Estate Account Land for Settlements Account.. Native Land Settlement Account Land for Settlements Account (Opening up Crown Lands for Settlement Aocount) National Endowment Account .. Hauraki Plains Settlement Account Rangitaiki Land Drainage Account Workers' Dwellings Account .. Mining Advances Account Conversion Account Loans Redemption Account New Zealand Consols Account.. Waimarino Bush-fire Relief Account War Expenses Account Kauri-gum Industry Account Fruit - preserving Industry Advances Account Discharged Soldiers Settlement Account Cold-storage Advances Account Swamp Land Drainage Account.. Reserve Fund Account.. Bank of New Zealand Acts 1903 and 1913 Account Silver and Bronze Coin Account The Railways 1 mprovement Aotho3,788 5 7 rization Act 1914 Account .. 3,788 5 7 The Waihou and Ohinemuri 12,813 1111 Rivers Improvement Account .. 7,813 1111 .. 5,000 0 0 36,688 6 3 Electric Supply Account .. 36,658 12 9 29 13 6 132,342 17 7 Cheviot Estate Account .. 9,342 17 7 .. 123,000 0 0 200,262 7 S Land for Settlements Account.. 198,962 14 9 1,299 12 11 88,578 0 5 Native Land Settlement Account 74,615 4 2 13,962 16 3 Land for Settlements Account (Opening up Crown Lands for 10,847 17 7 Settlement Account) .. .. 10,847 17 7 112,839 12 0 National Endowment Account .. 112,839 12 0 Hauraki Plains Settlement Ac10,589 4 4 count .. .. .. 9.086 9 3 1,502 15 1 Rangitaiki Land Drainage Ac4,379 2 8 count .. .. / .. 4,379 2 8 84,917 19 0 Workers' Dwellings Account .. 29,917 19 0 .. 55,000 0 0 5,275 1 6 Mining Advances Account .. 5,275 16 7,235 2 10 Conversion Account .. .. 5,583 6 5 1,651 16 5 99 16 5 Loans Redemption Account .. 99 16 5 475,991 14 0 New Zealand Consols Account.. 6 14 0 .. 475,985 0 0 Waimarino Bush-fire Relief Ac5,000 0 0 123,000 0 0 - 1 55,000 0 0 3,788 5 7 j 12,813 11 11 36,688 6 3 132,342 17 7 200,262 7 8 88,578 0 5. 10,847 17 7 112,839 12 0 10,589 4 4 4,379 2 8 84,917 19 0 5,275 1 6 7,235 2 10 99 16 5 475,991 14 0 475,985 0 0 23,050 2 0 count .. .. .. 19,370 14 5 3,679 7 7 7,979,825 18 2 War Expenses Account .. 739,250 19 8 1,895,357 6 7 5,345,217 1111 3,388 8 5 Kauri-gum Industry Account .. 3,296 6 4 92 2 1 Fruit - preserving Industry Ad4,082 19 4 vances Account .. .. 4,082 19 4 Discharged Soldiers Settlement 219,767 2 9 Account .. .. .. 179,306 3 0 40,460 19 9 Cold-storage Advances Account 6,263 13 4 Swamp Land Drainage Account.. 6,263 13 4 800,000 0 0 Reserve Fund Account .. .. .. 800,000 0 0 Bank of New Zealand Acts 1903 875,000 0 0 and 1913 Account .. .. .. .. 875,000 0 0 90,003 15 9 Silver and Bronze Coin Account j Cr. 1,811 4 3 91,815 0 0 £29,814,947 0 2 Totals.. .. .. £6,086,249 0 3 £2,556,628 14 8 £21,172,069 5 3 5,345,217 11 11 23,050 2 0 7,979,825 18 2 | 3,388 8 5 . 4,082 19 4 219,767 2 9 • - 6,263 13 4 800,000 0 0 875,000 0 0 90,003 15 9 800,000 0 0 875,000 0 0 •• Totals .. £2,556,628 14 8 |£21,172,069 5 3 £29,814,947 0 2

43

8.—6

Table No. 1— continued. STATEMENT showing the NET ISSUES from the CONSOLIDATED FUND for the FINANCIAL YEAR ended 31st March, 1919, compared with the Sums voted under the Appropriation Act, 1918.

o Tc™„ Issued. I 1 _■ Issued. P. - o i I : , Expenditure. [mj iprests. Total. Voted. 1 Amount Unissued. Issued in Excess. Expenditure. Credits. ] Net Expenditure. Imprests. Total. j j ■ - ; - Sxpenditure. Credits. Net Expenditure. Imprests. . I !__ i l Class I.—Legislative Departments :— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 1 Legislative Council :. .. .. .. 1,569 0 1 24 5 0 1,544 15 1 .. 1,544 15 1 2 House of Representatives .. .. .. 7,781 3 5 76 3 10 7,704 19 7 .. 7,704 19 7 3 General Expenses .. .. .. .. 27,561 10 11 82 10 9 27,479 0 2 .. 27,479 0 2 1 2 3 £ s. d. 1,569 0 1 7,781 3 5 27,561 10 11 £ s. d. £ s. d. 24 5 0 1,544 15 1 76 3 10 7,704 19 7 82 10 9 27,479 0 2 £ s. d. £ s. d. 1,544 15 1 7,704 19 7 ; 27,479 0 2 £ s. d. 2,250 0 0 11,050 0 0 34,012 0 0 I I I £ s. d. 705 4 11 3,345 0 5 6,532 19 10 j £ s. d. i : i. Total Class 1 .. .. .. 36,91114 5 182 19 7 36,728 14 10 .. 36,728 14 10 j 36,911 14 5 182 19 7 36,728 14 10 36,728 14 10 | 47,312 0 0 10,583 5 2 I 4 5 6 7 8 9 10 11 Class II. —Departments of Finance :— 4 Treasurv Department .. ... 11,384 11 9 924 8 4 10,460 3 5 .. 10,460 3 5 5 National Provident and Friendly Societies Office .. 43,876 10 4 997 12 1 42,878 18 3 .. 42,878 18 3 6 Rates on Crown Lands.. ".. .. .. 57 17 6 .. 57 17 6 .. 57 17 6 7 Rates on Native Lands .. .. ..! 119 .. 119 .. 119 8 Land and Income Tax Department .. .. 34.859 12 7 38 11 0 34,821 17 .. 34,821 1 7 9 Pensions Department .. .. .. .. 34.453 15 4: 403 0 3 34,050 15 1 .. 34,050 15 1 10 Naval Defence .. ... .. .. 33,062 17 11 1,110 13 10 31,952 4 1 .. 31,952 4 1 11 Treasurv: Miscellaneous Services .. .. 13,777 4 6 762 4 0 13,015 0 6 .. 13,015 0 6 11,384 11 9 43,876 10 4 57 17 6 119 34.859 12 7 34.453 15 4 I 33,062 17 11 13,777 4 6 924 8 4 997 12 1 38 11 0 403 0 3 1,110 13 10 762 4 0 10,460 3 5 42,878 18 3 57 17 6 119 34,821 1 7 34,050 15 1 31,952 4 1 13,015 0 6 10,460 3 5 42,878 18 3 57 17 6 119 34,821 1 7 34,050 15 1 31,952 4 1 13,015 0 6 11,122 0 0 43,450 0 0 100 0 0 10 0 0 36,892 0 0 29,276 0 0 100,350 0 0 10,054 0 0 661 16 7 571 1 9 42 2 6 8 18 3 2,070 18 5 4,774 15 1 68,397 15 11 2,961 0 6 Total Class II .. .. .. 171,473 11 8 4,236 9 6 167,237 2 2 ! .. j 167,237 2 2 171,473 11 8 ! 4,236 9 6 167,237 2 2 i 167,237 2 2 231,254 0 0 71,752 13 5 7,735 15 7 I i ! I I Class III. —Post and Telegraph Department :— 12 Postal and Telegraph Working-expenses .. .. 1,840,250 8 8 140,549 3 1 1,699,701 5 7 .. 1,699,701 5 7 1,840,250 8 8 140,549 3 1 1,699,701 5 7 1,699,701 5 7 1,670,220 0 0 29,481 5 7 12 Total Class IH .. .. .. 1,840,250 8 8 ! 140,549 3 1 1,699,701 5 7 .. 1,699,701 5 7 1,840,250 8 8 140,549 3 1 1,699,701 5 7 1, 699, 701 5 7 1,670,220 0 0 29,481 5 7 _J I ! . I t Class IV. —Working Railways Department :— 13 Working Railways .. .. .. .. 3,641,759 5 5 226,164 0 0 3,415,595 5 5 212 13 5 J3,415, 807 18 10 226,164 0 0 3,415,595 5 5 j 212 13 5 J3,415, 807 18 10 3,450,521 i_ 6 7* 3,641,759 5 5 34,713 7 9 Total Class IV .. .. ..J3, 641, 759 5 5 226,164 0 0:3,415,595 5 5 212 13 5 3,415,807 18 10 3,641,759 5 5 226.164 0 0 13,415,595 5 5 212 13 5 J3,415,807 18 10 3,450,521 6 7* 34,713 7 9 i I i i_ i i i Class V.—Public Buildings, Domains, and Maintenance of Roads :— 14 Public Buildings .. .. .. .. 74,846 6 8 9.191 19 3 65,654 7 5 .. 65,654 7 5 15 Government Domains .. .. .. .. 3,634 13 6 1 12 0 3,633 16 .. 3,633 1 6 16 Maintenance and Improvement of Roads.. .. 54,024 8 2 1,928 5 5; 52,096 2 9 .. 52,096 2 9 Total Class V .. ,. .. 132,505 8 4 11.121 16 8 121,383 11 8 .. 121,383 11 8 74,846 6 8 3,634 13 6 54.024 8 2 9.191 19 3 1 12 0 1.928 5 5 i 65,654 7 5 3,633 1 6 52,096 2 9 65,654 7 5 3,633 1 6 52,096 2 9 70,905 0 0 3,750 0 0 55,050 0 0 5,250 12 7 116 18 6 I 2,953 17 3 132,505 8 4 11,121 16 8 i 121,383 11 8: 121,383 11 8 129,705 0 0 8,321 8 4 : * Includes £110,942 6s. 7d. additional amount appropriated in terms of section 45 of the Public Revenues Act. 1910.

8.—6.

Table No. 1— continued. STATEMENT showing the NET ISSUES from the CONSOLIDATED FUND, &c.— continued.

44

I m ir O Expenditure. Issued. Credits. Net Expenditure, j Issued. Imprests. Totai. Voted. Amount Unissued. Issued in Excess. Expenditure. Credits. I I !__ I I . i Class VI. —Native Department :— 17 Native Department 18 I Miscellaneous Services £ s. d. 22,801 19 1 7,886 8 2 £ s. d. £ s. d. 4,983 0 9 17,818 18 4 11 5 0 7,875 3 2 £ s. d. £ s. d. 17,818 18 4 7.875 3 2 £ s. d. 19.113 0 0 7.496 0 0 ■ £ s. d. I 1.294 1 8 | 1" I £ s. d. 379 3 2 Total Class VI j Class VIL —Justice Department :— 19 ' Department of Justice 20 j Patent Office 21 Supreme Court 22 I Bankruptcy 23 Magistrates' and Wardens' Courts 24 Criminal Prosecutions 25 Coroners 26 ! Justice: Miscellaneous Services.. 27 Cook Islands 28 Prisons 29 I Crown Law Office 30 I Police Department 31 | Police : Miscellaneous Services .. 32 j Stamp Department 33 | Land and Deeds Registry 30,688 7 3 4,994 5 9 25,694 16 .. 25,694 1 6 2,270 14 11 612 11 8 1,658 3 3 .. 1,658 3 3 2,812 5 0 9 9 2 2,802 15 10 .. 2,802 15 10 10,143 14 2 298 12 1 9,845 2 1 367 4 3 10,212 6 4 4,892 13 6 3 19 6 4,888 14 0 32 16 10 4,921 10 10 45,380 3 10 2,255 2 3 43,125 17 .. 43.125 1 7 8,050 10 1 748 4 1 7,302 6 0 1,922 8 0 9,224 14 0 3,201 10 10 12 16 6 3,188 14 4 .. 3,188 14 4 26,553 4 7 659 6 0 25,893 18 7 .. 25,893 18 7 16,194 12 9 22 16 6 16,171 16 3 .. 16,171 16 3 95,324 6 1 21,654 1 2 73,670 4 11 3 13 9 73,673 18 8 6,350 2 2 157 14 1 6,192 8 1 .. 6,192 8 1 304,804 9 7 3,520 1 2 301,284 8 5 85 14 2 301,370 2 7 1,194 9 11 .. 1,194 9 11 .. 1,194 9 11 21,756 15 2 182 3 9 21,574 11 5 .. 21,574 11 5 31,065 0 0 63 8 1 31,001 11 11 .. 31,001 11 11 2,280 0 0 3,227 0 0 10,364 0 0 5.073 0 0 43,611 0 0 11,720 0 0 3,780 0 0 25,596 0 0 14,875 0 0 84.571 0 0 7,376 0 0 312,409 0 0 1,227 0 0 21,912 0 0 36.051 0 0 26,609 0 0 I i 621 16 9 424 4 2 151 13 8 151 9 2 485 18 5 2,495 6 0 591 5 8 10,897 1 4 1.183 11 11 11,038 17 5 32 10 1 337 8 7 5.049 8 1 1.294 1 8 - 379 3 2 I 297 18 7 i 1,296 16 3 •• •• Total Class VII 579.994 12 7 30,200 6 0 549,794 6 7 2,411 17 0 552,206 3 7 584,072 0 0 I 33.460 11 3 1,594 14 10 * Class VIII. —Mines Department :— 34 Mines Department 35 Geological Survey Branch 36 Miscellaneous Services .. 9,759 12 4 2,872 17 8 28,005 14 0 10,102 0 0 3,525 0 0 27,693 0 0 342 7 8 652 2 4 34 35 36 9,991 4 2 2,988 17 6 28,625 8 5 231 11 10 115 19 10 619 14 5 9.759 12 4 2,872 17 8 28.005 14 0 312 14 0 Totaipass VIII 41,605 10 1 967 6 1 40,638 4 0 40,638 4 0 41,320 0 0 994 10 0 312 14 0

B—6

45

Table No. 1- continued. STATEMENT showing the NET ISSUES from the CONSOLIDATED FUND, &c.—continued.

9 1 3 546 30 321 65

8.—6

46

Table No. 1— continued. STATEMENT showing the NET ISSUES from the CONSOLIDATED FUND, &c. —continued.

I H fri C > Issued. Voted. Amount Unissued. Issued in Excess. Expenditure. Credits. Net Expenditure. Imprests. Total. I £ s. d. 32,585 0 0 Class XIV. —Department of Labour :— £ s. d. £ s. d. £ a. d. SI Department of Labour.. .. .. .. 33,590 6 3 636 6 6 32,953 19 9 £ s. d. 636 6 6 £ s. d. | 32,953 19 9 £ s. d. £ s. d. £ s. d. 32,953 19 9 32,585 0 0 £ s. d. £ s. d. 32,953 19 9 £ s. d. £ s. d. £ s. d. 368 19 9 61 Total ClassJXIV .. .. .. 33,590 6 3 j 636 6 6 32,953 19 9 636 6 6 32,953 19 9 32,953 19 9 32,585 0 0 32,953 19 9 32,585 0 0 368 19 9 I 62 63 _ I Class XV. —Department of Lands and Survey :— 32 Department of Lands and Survey .. .. 182,216 17 7 I 45.245 13 10 136,971 3 9 33 Miscellaneous Services .. .. .. .. 76,343 6 5 3.91114 5J 72,43112 0 Total Class XV .. .. .. 258,560 4 0 49,157 8 3 j 209,402 15 9 777 6 0 137,748 9 9 165.770 0 0 52 0 9 72,483 12 9 108,804 0 0 829 6 9 210,232 2 6 274,574 0 0 28,021 10 3 36,320 7 3 64,341 17 6 I I 829 6 9 210,232 2 6 274,574 0 0 64,341 17 6 I Class XVI. —Valuation and Electoral Departments :— 64 Valuation .. .. .. .. .. 44,635 13 1 7,266 6 7 37,369 6 6 65 Electoral .. .. .. .. .. 16,748 5 2 1,048 0 5 15,700 4 9 64 65 37,369 6 6 ! 39,610 0 0 15.700 4 9 ! 70.138 0 0 2,240 13 6 54,437 15 3 Total Class XVI .. .. .. 61,383 18 3 8,314 7 0 53,069 11 3 8,314 7 0 53,069 11 3 ! 53.069 11 3 I 109,748 0 0 53.069 11 3 I 109,748 0 0 56,678 8 9 56,678 8 9 1 I I 1 Class XVII. —Department of Agriculture, Industries, and Commerce :— ■ 66 Agriculture, Industries, and Commeroe .. .. 2,003,335 9 9 1,762,870 17 10 240,464 11 11 3,841 12 9 244,306 4 8 253,040 0 0 I 8,733 15 4 ; 66 8,733 15 4 ; ! ■ . i i ;- L Total Class XVII ... _. .. i2.003, 335 9 9 1,762,870 17 10 240,464 11 11 3,841 12 9 244,306 4 8 253,040 0 0 244.306 4 8 253,040 0 0 8,733 15 4 8,733 15 4 Class XVIII. —Education Department: — ■ 67 Head Office .. .. .. ... .. 15,471 10 1 331 9 9 15,140 0 4 68 Elementary Education .. ... .. 1,151,317 3 8 ' 132,532 17 10 1,018,784 5 10 69 Secondary and Higher Education .. .. | 116,335 7 7 5,208 13 9 111.126 13 10 70 Technical Instruction .. .. ... .. 75,326 11 5 : 4,106 1 0 71,220 10 5 71 Training Colleges and Training of Teachers .. 55.638 8 5 2,171 1 7 53,467 6 10 72 Native Schools .. .. ... .. 40,412 2 4 2,067 10 0 38,344 12 4 73 | School Buildings, Furniture, and Sites ... .. 148,518 5 10 623 12 0 147,894 13 10 74 " Physical Training .. .. .. .. 4.118 0 4 251 18 10 3,866 1 6 75 ( Medical Inspection .. .. ... .. 6409 0 9 337 10 S 5.771 10 1 76 | Education of the Blind .. .. .. 761 12 10 935 17 8 \ Or. 174 4 10 77 School for the Deaf .. .. ... ... 5,924 13 10 3.409 1 4 2,515 12 6 78 Schools for the Feeble-minded .. .. .. 10.440 6 0 5.471 8 8 4,968 17 4 79 . Industrial Schools and Probation System.. .. 86,331 9 2 ; 44,146 7 2 j 42,185 2 0 80 ; Infant-life Protection .. .. .. .. 1,295 16 0 101 15 5 1,194 0 7 81 Material and Stores .. .. .. .. 21.433 16 5 10.552 0 9 ! 10,881 15 8 82 j Miscellaneous Services .. .. .. .. 79,780 14 2 3,972 12 6 75,808 1 8 Total Class XVIII .. .. .. 1,819,214 18 10 216,219 18 11 1,602,994 19 11 i i 15.140 0 4 14,968 0 0 0 2 4 1.018.784 8 2 1,065,841 0 0 111,126 13 10 115,795 0 0 71,220 10 5 85,810 0 0 53,467 6 10 55,585 0 0 38.344 12 4 40.754 0 0 147,894 13 10 147.210 0 0 3,866 1 6 4,530 0 0 | 5.771 10 1 8,609 0 0 j Or. 174 4 10 115 0 0 2,515 12 6 3.803 0 0 4,968 17 4 7,244 0 0 42,185 2 0 45.765 0 0 1,194 0 7 1.477 0 0 10,881 15 8 1,600 0 0 75,808 1 8 106,105 0 0 0 2 4 11,602, 995 2 3 1,705,211 0 0 47,056 11 10 4,668 6 2 14,589 9 7 2,117 13 2 2,409 7 8 663 18 6 2,837 9 11 289 4 10 1,287 7 6 2.275 2 8 ' 3,579 18 0 282 19 5 30,296 18 4 112,354 7 7 47,056 11 10 4,668 6 2 14,589 9 7 2,117 13 2 2,409 7 8 663 18 6 2,837 9 11 289 4 10 1,287 7 6 2.275 2 8 ■' 3,579 18 0 282 19 5 30,296 18 4 172 0 4 684 13 10 9,281 15 8 1,602,994 19 11 0 2 4 1,602,995 2 3 1,705,211 0 0 112,354 7 7 10,138 9 10 . " Unauthorized " :— Services not provided for .. .. .. 82,195 8 1 69.775 10 10 12,419 17 3 i 1,100 0 0 13,519 17 3 13,519 17 3 13,519 17 3 Total " Unauthorized" .. .. 82.195 8 1 69.775 10 10 12.419 17 3 69.775 10 10 12.419 17 3 ! 1,100 0 0 13,519 17 3 I 1,100 0 0 13,519 17 3 13,519 17 3

47

8.—6

Table No. 1— continued. STATEMENT showing the NET ISSUES from the CONSOLIDATED FUND, &c.—continued.

Issued. Voted. Amount Unissued. Issued in Excess. Expenditure. I Credits. Net Expenditure. Imprests. Total. j i_ ! ' I I SUMMARY. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Class I.—Legislative Departments .. .. .. 36,911 14 5 182 19 7 36,728 14 10 .. 36,728 14 10 II.—Departments of Finance .. .. .. 171,473 11 8 4,236 9 6 167,237 2 2 .. 167,237 2 2 III. —Post and Telegraph Department .. .. j 1,840,250 8 8 140,549 3 1 1,699,701 5 7 .. 1,699,701 5 7 IV— W T orking Railways Department .. .. [3,641,759 5 5 226,164 0 0 3,415,595 5 5 212 13 5 ;3,415, 807 18 10 ,, V. —-Public Buildings. Domains, and Maintenance of Roads .. .. .. .. 132,505 8 4 11,121 16 8 121.383 11 8 .. 121,383 11 8 VI.—Native Department .. .. .. 30,688 7 3 4,994 5 9 25,694 16 .. 25,694 1 6 Department .. .. .. 579,994 12 7 30,200 6 0 549,794 6 7 2,411 17 0 , 552.206 3 7 „ VIIL— Mines Department .. .. .. j 41,605 10 1 967 6 1 40,638 4 0 .. 40,638 4 0 IX.—Department of Internal Affairs .. .. j 542,792 2 10 j 271,573 19 5 271,218, 3 5 601 11 0 271,819 14 5 „ X.—Mental Hospitals, Public Health, Hospitals and Charitable Aid Departments .. .. 411,288 6 1 \ 92,479 16 10 318,808 9 3 ; 19,626 7 2 338,434 16 5 XL—Tourists Department .. .. .. 55,937 19 6 2,281 18 6 53,656 1 0 1,352 14 11 55.008 15 11 XII.—Defence Department .. .. .. 440,844 6 6 24,417 5 4 i 416,427 1 2 12,402 6 7 428,829 7 9 „ XIH. —Customs, Marine and Harbours, and inspection of Machinery Departments .. .. 190,820 19 11 4,260 2 7 186,560 17 4 770 1 11 187,330 19 3 „ XTV —Department of Labour .. .. .. | 33,590 6 3 636 6 6 32,953 19 9 .. 32,953 19 9 XV—Department of Lands and Survey .. .. 258,560 4 0 49,157 8 3 209,402 15 9 : 829 6 9 210,232 2 6 „ XVI.—Valuation and Electoral Departments .. j 61,383 18 3 8,314 7 0 53,069 11 3 .. 53,069 11 3 „ XVII. —Department of Agriculture, Industries, and Commerce .. .. .. .. ! 2,003,335 9 9 1,762,870 17 10 240.464 11 11 3,841 12 9 244,306 4 8 ,,'XVIII.— Education Department .. .. .. 1,819,214 18 10 216,219 18 11 1,602,994 19 11 0 2 4 1,602,995 2 3 Services not provided for .. .. .. .. 82,195 8 1 69,775 10 10 : 12,419 17 3 1,100 0 0 I 13,519 17 3 £ s. d. 47,312 0 0 231,254 0 0 1,670,220 0 0 3,450,521 6 7* 129,705 0 0 26,609 0 0 584,072 0 0 41,320 0 0 342,351 0 0 387,897 0 0 53,365 0 0 501,697 0 0 195,016 0 0 32,585 0 0 274,574 0 0 109,748 0 0 253,040 0 0 1,705,211 0 0 £ s. d. 10.583 5 2 71,752 13 5 34,713 7 9 8,321 8 4 1.294 1 8 33,460 11 3 994 10 0 78,450 12 1 49,462 3 7 75,721 10 5 11,958 17 1 64,341 17 6 56,678 8 9 8,733 15 4 112,354 7 7 £ s. d. 7.735 15 7 29,481 5 7 379 3 2 1.594 14 10 312 14 0 7,919 6 6 1,643 15 11 2,853 18 2 4,273 16 4 368 19 9 10,138 9 10 13,519 17 3 Total Consolidated Fund .. .. .. i 12,375,152 18 5 2,920,403 18 8 9,454,748 19 9 ; 43,148 13 10 9,497,897 13 7 9,454,748 19 9 43,148 13 10 9,497,897 13 I 7 10,036,497 6 7 ; 10,036,497 6 7 618,821 9 11 618,821 9 11 80,221 16 11 1 80,221 16 11 ■ I I _J I I I * Inclndes £110,942 6s. 7d. additional amount a] iro] iriated in terms of section 45 of the Public Revenues Act, 1910.

B—6

48

Table No. 1— continued. STATEMENT showing the NET ISSUES from the STATE FORESTS ACCOUNT for the FINANCIAL YEAR ended 31st March, 1919, compared with the Amount voted under the Appropriation Act, 1918.

STATEMENT showing the NET ISSUES from the STATE COAL-MINES ACCOUNT for the FINANCIAL YEAR ended 31st March, 1919, compared with the Amount voted under the Appropriation Act, 1918.

i fl > Expenditure. Issued. Voted. Issued in Excess. Amount Unissued. Credits. Net Expenditure. Imprests. Total. State Forests Account: — ■ 112 State Forests Branch of the Lands and Survey; Department .. .. .. Total .. .. .. j £ s. d. 41,728 4 4 41,728 4 4 I ] ! £ s. d. £ s. d. 384 14 3 ; 41,343 10 1 £ s. d. 15 0 £ s. d. £ s. d. 41,344 15 1 69,257 0 0 j 41,344 15 1 69,257 0 0 j £ s. d. 27,912 4 11 £ s. d. I 15 0 27,912 4 11 384 14 3 41,343 10 1 41,344 15 1 •• .

fl i g i Issued. Voted. Amount Unissued. Issued IN Excess. Expenditure. Credits. Net Expenditure. Imprests. Total. State Coal-mines Account :— 113 State Coal-mines £ s. d. 270,090 13 11 £ s. d. £ s. d. 10,131 1 6 259,959 12 5 £ s. d. 165 7 11 £ s. d. 260,125 0 4 £ s. d. 294,600 0 0 £ s. d. ! 34,474 19 8 £ s. d. Total 270,090 13 11 10,131 1 6 259,959 12 5 165 7 11 260,125 0 4 294,600 0 0 34,474 19 8

49

8.-6

Table No. 1— continued. STATEMENT showing the NET ISSUES from the PUBLIC WORKS FUND for the FINANCIAL YEAR ended 31st March, 1919, compared with the Sums voted under the Appropriation Act, 1918.

7—B f 6,

I a El O Issued. Voted. Amount Unissued. Issued in Excess. Kxpenditure. Credits. Net Expenditure. Imprests. Total. \- 83 I I Class XIX.— Public Works, Departmental :— Public Works, Departmental £ s. d. ! 134,241 6 10 I £ s. d. 18,822 7 4 £ s. d. 115,418 19 6 £ s. d. £ s. d. 115,418 19 6 £ s. d. I 120,320 0 0 £ s. d. 4,901 0 6 £ s. d. Total Class XIX 134,241 6 10 ' 18,822 7 4 115,418 19 6 115,418 19 6 120,320 0 0 4,901 0 .6 84 85 Class XX. —Railways :— Railway Construction Additions to Open Lines 333,549 14 11 94,879 2 8 37,530 8 11 2,975 14 3 296,019 6 0 91,903 8 5 | 296,019 6 0 485,100 0 0 91,903 8 5 185,000 0 0 189,080 14 0 93,096 11 7 Total Class XX 428,428 17 7 40,506 3 2 387,922 14 5 387,922 14 5 670,100 0 0 282,177 5 7 86 87 88 89 90 91 92 93 94 95 Class XXI. —Public Buildings (including Purchase of Properties, Sites, Furniture, Fittings, &c.): — General Courthouses Prisons Police-stations Postal and Telegraph .. • Agricultural Mental Hospitals Hospitals and Charitable Institutions School Buildings Workers' Dwellings 43.189 18 2 16,326 11 6 8.881 15 4 26,147 9 10 4,287 0 4 14,936 7 3 2,331 16 0 115,777 11 6 ! 7,300 17 5 : 22 5 3 27 9 0 2,725 0 0 75 2 8 57 19 6 296 8 7 121 5 0 7 10 0 43,167 12 11 16,299 2 6 6,156 15 4 26,072 7 2 4,229 0 10 14,639 18 8 2.331 16 0 115,656 6 6 7,293 7 5 9 10 0 43,167 12 11 16,299 2 6 6,156 15 4 26,081 17 2 4,229 0 10 14,639 18 8 2,331 16 0 115,656 6 6 7,293 7 5 70.000 0 0 2,000 0 0 20,000 0 0 21,000 0 0 57,000 0 0 7,000 0 0 45,000 0 0 7,500 0 0 400,000 0 0 20,000 0 0 26,832 7 1 2,000 0 0 3,700 17 6 14,843 4 8 30,918 2 10 2,770 19 2 30,360 1 4 5,168 4 0 : 284,343 13 6 12,706-12 7 : ■ Total Class XXI 239,179 7 4 3,333 0 0 235,846 7 4 9 10 0 235,855 17 4 649,500 0 0 413,644 2 8 I i „. 96 97 98 Class XXII. —Lighthouses, Harbour-works, and Harbour-defences :— Lighthouses Harbour-works Harbour-defences 1,732 7 3,754 15 7 8 69 16 0 25 5 4 1,662 11 7 3,729 10 4 1,662 11 7 3,729 10 4 . 2,600 0 0 11,100 0 0 2.000 0 0 937 8 5 7,370 9 S 2,000 0 0 Total Class XXII 5,487 3 3 95 1 4 5,392 1 11 5,392 i li 15,700 0 0 10,307 18 1 Class XXIII. —Tourist and Health Resorts (including Sites, Furniture, Fittings, &c.) :— Tourist and Health Resorts 1,620 7 2 1,620 7 2 8,000 0 0 , 6,379 12 10 99 1,620 7 2 Total Class XXIII 1,620 7 2 1,620 7 2 1,620 7 2 8,000 0 0 6,379 12 10 100 ■ Class XXIV. —Immigration :— Department of Immigration 32,018 9 0 23,675 0 1 35,693 9 1 Or. 12,018 9 0 Or. 12,018 9 0 20,000 0 0 1 - Total Class XXIV 23,675 0 1 35,693 9 1 Or. 12,018 9 0 Or. 12,018 9 0 20,000 0 0 32,018 9 0

8.—6

50

Table No. 1— continued. STATEMENT showing the NET ISSUES from the PUBLIC WORKS FUND, &c.— continued.

o > Issued. et Expenditure. Issued. Imp pres ists. Total. Voted. Voted. Amount Unissued. Issued IN Excess. Expenditure. Credits. Net Expenditure. Imprests. Total. 101 102 103 I Class XXV. —Construction, Maintenance, and £ s. d. Supervision of Roads, Bridges, and other Public Works :— Roads, &c. .. .. .. .. .. 212,585 19 3 Backblock Roads, &.c. .. .. .. .. 24,513 5 5 Roads and othor Works on Goldfields and Mineral Lands .. .. .. .. .. j 4,185 8 2 £ s. d. £ s. d. 13,946 0 4 198,639 18 11 1,266 2 3 23,247 3 2 4,185 8 2 £ s. d. 198,639 18 11 23,247 3 2 £ JJ1.CC s. d. £ s. d. 198,639 18 11 23,247 3 2 £ s. d. 410,580 0 0 70,000 0 0 £ s. d. 211,940 1 1 46,752 16 10 £ s. d. I 101 102 103 4,185 8 2 4,185 8 2 10,375 0 0 6,189 11 10 Total Class XXV .. .. .. 241,284 12 10 £41,284 12 10 15,212 2 7 15,212 2 7 i 226,072 10 3 226,072 10 3 226,072 10 3 490,955 0 0 264,882 9 9 104 Class XXVI. —Development of Mining :— Development of Mining .. .. .. 518 6 9 518 6 9 518 6 9 518 6.9 1,450 0 0 104 518 6 9 931 13 3 Total Class XXVI .. .. .. 518 6 9 518 6 9 ! 518 6 9 518 6 9 518 6 9 1,450 0 0 931 13 3 105 Class XXVII. —Telegraph Extension :— Telegraph Extension .. .. .. .. 265,232 4 9 265,232 4 9 66,621 66,621 4 8 198,611 0 1 4 8 198,611 0 1 ! 28,691 2' 2 52,697 17 9 I 105 227,302 2 3 280,000 0 0 j Total Class XXVII .. .. .. 265,232 4 9 265,232 4 9 66,621 66,621 4 8 198,611 0 1 4 8 198,611 0 1 28,691 2 2 227,302 2 3 280,000 0 0 52,697 17 9 106 i Class XXVIII. —Contingent Defence :— Contingent Defence .. .. .. .. 8,818 2 3 l 8 13 9 8,809 8 6 8,809 8 6 15,000 0 0 6,190 11 6 8,818 2 3 8 13 9 8,809 8 6 Total Class XXVIII .. .. .. 8,818 2 3 8,818 2 3 8 13 9 8,809 8 6 8 13 9 8,809 8 6 8,809 8 6 15,000 0 0 6,190 11 6 107 108 107 108 Class XXIX. —Lands Improvement :— Improved-farm Settlements .. .. .. 472 17 5 Lands: Miscellaneous.. .. ' .. .. 234 14 8 394 13 10 78 3 7 4,580 9 1 Or. 4,345 14 5 78 3 7 Or. 4,345 14 5 2,000 0 0 5,000 0 0 1,921 16 5 9,345 14 5 -. I ■ Total Class XXIX .. .. .. 707 12 1 4,975 2 11 Or. 4,267 10 10 Or. 4,267 10 10 : 7,000 0 0 11,267 10 10 109 109 Class XXX. —Irrigation and Water-supply :— Irrigation and Water-supply .. .. ... 15,385 10 1 Total Class XXX .. .'. .. 15,385 10 1 1,721 1 4 13,664 8 9 1,721 1 4 13,664 8 9 13,664 8 9 I 1 13,664 S 9 20,000 0 0 6,335 11 3 1,721 1 4 13,664 8 9 j 13,664 8 9 20,000 0 0 6,335 11 3 110 Class XXXI. —Plant, Material, and Stores :— Plant, Material, and Stores .. .. .. j 40,690 9 9 20,052 14 2 20,637 15 7 138 1 11 20,775 17 6 25.000 0 0 4,224 2 6 I I. 110 i Total Class XXXI .. .. .. 40,690 9 9 20,052 14 2 20,637 15 7 138 1 11 20,775 17 6 25,000 0 0 4,224 2 6 111 Class XXXII. —Electric Supply :— Electric Supply .. .. .. .. 9,253 13 0 9,253 13 0 9,253 13 0 9,253 13 0 ! 150,000 0 0 140,746 7 0 111 I Total Class XXXII .. .. .. 9,253 13 0 9,253 13 0 9,253 13 0 9,253 13 0 9,253 13 0 ! 150,000 0 0 140,746 7 0 " Unauthorized " :— Services not provided for .. .. .. 100 0 0 Total " Unauthorized " .. .. 100 0 0 100 0 0: 100 0 0 100 0 0 100 0 0 I 100 0 0 100 0 0

Table No. 1 — continued. STATEMENT showing the NET ISSUES from the PUBLIC WORKS FUND, &c.— continued.

STATEMENT showing the NET ISSUES from the ELECTRIC SUPPLY ACCOUNT for the FINANCIAL YEAR ended 31st March, 1919, compared with the Amount voted under the Appropriation Act, 1918.

8.—6

51

Issued. Voted. Amount Unissued. Issued in Excess. 1 Expenditure. Credits. Net Expenditure. Imprests. Total. SUMMARY. £ s. d. Class XIX.— Public Works, Departmental .. .. 134,241 6 10 XX.—Railways .. .. .. .. 428,428 17 7 XXI.— Publio Buildings .. .. .. 239,179 7 4 „ XXII. —Lighthouses, Harbour-works, and Harbourdefences .. .. .. .. 5.487 3 3 „ XXIII.— Tourist and Health Resorts .. .. 1,620 7 2 „ XXIV. —Immigration .. .. .. .. 23,675 0 1 „ XXV. —Construction, Maintenance, and Supervision of Roads, Bridges, and other Public Works .. .. .. .. 241,284 12 10 „ XXVI.—Development of Mining .. .. .. 518 6 9 „ XXVII.— Telegraph Extension .. .. .. 265,232 4 9 „ XXVIII.— Contingent Defence .. .. .. 8,818 2 3 „ XXIX. —Lands Improvement .. .. .. 707 12 1 XXX.— Irrigation and Water-supply .. .. 15,385 10 1 „ XXXI.— Plant, Material, and Stores* .. .. 40,690 9 9 „ XXXII.— Electric Supply .. .. .. 9,253 13 0 Services not provided for .. .. .. .. 100 0 0 I £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 18,822 7 4 115,418 19 6 .. 115,418 19 6 120,320 0 0 4,901 0 6 40,506 3 2 387.922 14 5 .. 387,922 14 5 670,100 0 0 282,177 5 7 3,333 0 0 ; 235,846 7 4 9 10 0 235,855 17 4 649,500 0 0 413,644 2 8 95 1 4 5,392 1 11 .. 5.392 1 11 15,700 0 0 10,307 18 1 1,620 7 2 .. 1,620 7 2 8,000 0 0 6,379 12 10 35,693 9 I CV. 12,018 9 0 .. Or. 12,018 9 0 20,000 0 0 32,018 9 0 15,212 2 7 226,072 10 3 .. 226,072 10 3 490,955 0 0 264,882 9 9 518 6 9 .. 518 6 9 1,450 0 0 931 13 3 66.621 4 8 198,611 0 1 28.691 2 2 227,302 2 3 280,000 0 0 52,697 17 9 8 13 9 8,809 8 6' .. 8,809 8 6 15,000 0 0 6,190 11 6 4,975 2 11 Or. 4.267 10 10 ] ... Or. 4,267 10 10 7,000 0 0 11,267 10 10 I 1,721 1 4 13,664 8 9 .. 13,664 8 9 20,000 0 0 6,335 11 3 20.052 14 2 20,637 15 7 138 1 11 20,775 17 6 25,000 0 0 4,224 2 6 9,253 13 0 .. 9,253 13 0 150,000 0 0 140,746 7 0 100 0 0 £ s. d. Total Public Works Fund .. .. .. 1,414,622 13 9 207.141 0 4 1,207,481 13 5 ; 28,838 14 1 1,236,320 7 6 2,473,025 0 0 1,236,704 12 6 I ! I 1,236,320 7 6 2,473,025 0 0 1,236,704 12 6

a - > Issued. Voted. Amount Unissued. Issued in Excess. Expenditure. Credits. Net Expenditure. Imprests. Total. Electric Supply Account :— 116 Development of Water-power £ s. d. 38,629 16 7 £ s. d. 8,759 5 11 £ s. d. 29,870 10 8 £ s. d. 29 13 6 £ s. d. 29,900 4 2 I £ s. d. 55,000 0J0 ■ £ s. d. 25,099 15 10 £ s. d. Total 38,629 16 7 I 8.759 5 11 29,870 10 8 29,870 10 8 29 13 6 29,900 4 2 55,000 0 0 ' 25,099 15 10 I i

8.-6

52

Table No. 1— continued. STATEMENT showing the NET ISSUES from the LAND FOR SETTLEMENTS ACCOUNT for the FINANCIAL YEAR ended 31st March, 1919, compared with the Amount voted under the Appropriation Act, 1918.

STATEMENT showing the NET ISSUES from the LAND FOR SETTLEMENTS ACCOUNT (OPENING UP CROWN LANDS FOR SETTLEMENT ACCOUNT) for the FINANCIAL YEAR ended 31st March, 1919, compared with the Amount voted under the Appropriation Act, 1918.

STATEMENT showing the NET ISSUES from the NATIVE LAND SETTLEMENT ACCOUNT for the FINANCIAL YEAR ended 31st March, 1919, co pared with the Amount voted under the Appropriation Act, 1918.

The Treasury, 30th April, 1919. G. F. C. Campbell, Examined and found correct. Secretary to the Treasury. Robert J. Collins, a MobgaNj Controller and Auditor-General. Acting Accountant to the Treasury.

a O > Issued. Amount Unissued. Issued in Excess. Voted. Expenditure. Credits. Net Expenditure. Imprests. Total. Land for Settlements Account: — 114 Land for Settlements Expenses Total £ s. d. 6,314 0 0 £ s. d. 2 10 0 £ s. d. 6,311 10 0 £ s. d. | £ s. d. 6,311 10 0 £ s. d. 9,888 0 0 £ a. d. j 3,576 10 0 £ s. d. 6,314 0 0 2 10 0 6,311 10 0 6,311 10 0 9,888 0 0 3,576 10 0 I

a i o Issued. Voted. Amount Unissued. Issued in Excess. Expenditure. Credits. Net Expenditure. Imprests. Total. Land for Settlements Account (Opening up Crown Lands for Settlement Account) :— 115 Roads to open up Land for Settlem-nts £ s. d. 51,612 8 5 £ s. d. 256 18 8 £ s. d. 51,355 9 9 £ s. d. I I £ s. d. £ s. d. 51,355 9 9 100,500 0 0 £ s. d. 49,144 10 3 £ s. d. Total 51,612 8 5 256 18 8 256 18 8 51,355 9 9 51,355 9 9 51,355 9 9 100,500 0 0 49,144 10 3

a o > Issued. Voted. Amount Unissued. Issued in Excess. Expenditure. Credits Net Expenditure., Imprests. Total. I i Native Land Settlement Account :— 117 Native Land Purchase ExDeuses Total £ s. d. 2,201 16 1 £ s. o. 0 12 0 £ s. d. 2,201 4 1 £ s. d. £ s. d. 2,201 4 1 £ s. d. 2,700 0 0 £ s. d. 498 15 11 £ s. d. 2,201 16 1 0 12 0 2,201 4 1 2,201 4 ] 2,700 0 0 498 15 11

8.—6

Table No. 2. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919.

53

3 498 1 31

8.—6

54

Table No. 2— continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

Amount outstanding. Due Date. Sinking Funds. Net Indebtedness. Annual Charge. Authorizing Act. Rate. When payable. Remarks. Int. S.F. 1 I I I Brought forward Aid to Public Works and Lard Settlement Act, ( 1912 \ Aid to Public Works and Land Settlement Act, 1914 1 f\ Aid to Water-power Works Act, ]910 Appropriation Act, 1912 (Irrigation and Water- ( supply Account) 1 Appropriation Act, 1917 (Cold-storage Advances I Account) ( Appropriation Act, 1918, section 33 (Waimarino Bush-fire Relief Aocount) £ £ 4,117,125 11,200 I „. n 115 April, 1920 175,300 | iBt, . JUU \15April,1920 625,000 / 1 Nov., 1919 1,100,000 I 1 May, 1920 220,000 ] 1 Nov., 1920 59,900 -2,650,000 -. 31 Dec, 1920 500,000 | I 1 May, 1921 45,100 1 I 1 Nov., 1922 100,000 I \ 1 Feb., 1923 50,000 i IMav, 1919 50,000 I INov., 1919 14,000 I 1 May, 1920 30,000 \[ 449000 ;. 1 Nov., 1920 55,000 J **y.""u i i j__ yi 192 i 10,000 ! 1 Mav, 1922 215,000 1 May, 1923 25,000 ' V i May, 1924 *5'000 \ 15 i° 00 1 Nov., 1919 73!250 I Q „ 7 r n I lMar., 1923 20,500 |" aJ .' au , 1 Mar., 1924 75,000 1 Mar., 1924 110,000 1 / 1 April, 1919 30,000 . 150,000 J 1 April, 1921 10,000 i I 1 April, 1923 25,000 1 April, 1919 36,000 I .. nm I 1 Mar.. 1921 64,000 i 1UU ' UUU ".I Mar., 1922 20,000 11 I 1 Mar., 1922 190,000!;- 400,000 - 1 Mar., 1923 190,000 j I 1 Mar., 1924 40,000 1 July, 1919 46,901 1 Aug, 1920 1,095,360 ,15 Dec, 1920 , 332,385 | ! I 15 Dec. 1925 86,240 2,005,030* J15 Dec. 1930 16,930 ■ J15 Dec, 1935 | 474,115 I il5 Dec. 1940 I 10,353,306 £ — /o /o 4,117,125 . .. 11,200 4 175,300 3| 625,000 4 1,100,000 4 220.000 4 .. 59.900 4 500,000 4 45,100 4 100,000 4 50,000 4 50,000 3f 14,000 i 4 30,000 4 55,000 j 4 10,000 4 215,000 4 25,000 J 4 .. I 10,000 j 3f 5,000 '4 73,250 4 20,-500 4 ,.. 75,000 4 110,000 '■ 3j i .. 30,000 4 10,000 4 25,000 3J 36,000 ; 4 64,000 4 20,000 4 190,000 1 190,000 4 .. 40,000 4 46.901 4 2,005,030* 4$ .. 10,353,306 | .. I j i 160,933 448 15 April and 15 Oct. 6,574 15 April „ 15 Oct. 25,000 1 Ma ■ 1 Nov. 44,000 1 May 1 Nov. 8,800 1 May „ 1 Nov. 2,396 30 June „ 31 Dec. 20,000 1 May . 1 Nov. 1,804 1 May . 1 Nov. 4,000 1 Feb. „ 1 Aug. 2,000 I 1 May „ 1 Nov. 1.875 1 May „ 1 Nov. 560 1 May „ 1 Nov. 1 1,200 1 May „ 1 Nov. 2,200 1 May „ 1 Nov. 400 I May „ 1 Nov. 8,600 1 May „ 1 Nov. 1,000 1 May . 1 Nov. 375 L May „ 1 Nov. 200 1 May ,, 1 Nov. 2,930 1 Mar. „ 1 Sept. 820 1 Mar. „ 1 Sept. 3,000 1 Mar. , 1 Sept. 4,125 1 April „ 1 Oct. 1,200 1 April „ 1 Oct. 400 1 April „ 1 Oct. 937 1 April . 1 Oct. 1,440 1 Mar. . 1 Sept. 2,560 1 Mar. „ 1 Sept. 800 1 Mar. „ 1 Sept. 7,600 1 Mar. „ 1 Sept. 7,600 1 Mar. „ 1 Sept. 1,600 1 Jan. „ 1 July. 1.876 1 Feb. „ 1 Aug. 90,226 15 June „ 15 Dec. *£5,030 issued to cover expenses of raising £2,000,000 loan. 419,479 Coal-mines Act, 1908 .. .. .. J Coal-mines Act, 1908 (Appropriation Act, 1912) .. Discharged Soldiers Settlement Act, 19J5, and ( Amendment Act, 1916 (section 7) Discharged Soldiers Settlement Act, 1915, and I Finance Act, 1917 (section 82) District Railways Purchasing Acts, 1885-86 Finance Act, 1909 Finance Act, 1915, section 105 .. -1 Carried forward I _l . '

55

8.—6

Table No. 2 — continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

annual Charge. Authorizing Act. Authorizing Act. Amount outstanding. Dot; Datk. °S5r? . ' D'UNDS. Amount outstanding. DrjK Datk. Sinking Funds. Net Indebtedness. Indebted- R t| ™~~ — am NESS. NESS. Rate. I Int. ! S.F. Remarks. Amount. When payable. Int. S.F. _ j i _J . __J J Brought forward .. Finance Act, 1915, section 106 .. .. -I i. j Finance Act, 1916, section 35 (War Expenses).. -{ „ ■ (Issued to cover expenses of raising £4,500,000 loan) Carried forward .. .. .. I £ £ £ 10,353,306 100,000 1 f 31 Dec, 1920, 45,875 Uan., 1921 17,200 1 Feb., 1921 300 1 Mar., 1921 4,000 i 1 May, 1921 23,325 1 Jan., 1926 .. . 11,200 I 1 May, 1926 5,200 ! ; 1 Jan., 1931 800 Uan., 1936 1 .. • 1,000 1 May, 1936 1,600 - 2,123,000-, Uan., 1941 178,600 1 Feb., 1941 127,500 31 Mar., 1941 71,700 1 April,1941 19,500 15April,1941 153,800 1 May, 1941 276,600 1 June, 1941! 500 j 30 June, 1941 917,500 ! 1 July, 1941 160,000 ! I 1 Aug., 1941 6,800 j I 1 Sep., 1941 1,120,000 j lApril,1922 1,149,550 i 1 Sep., 1941 5,589,200 1 Sep., 1930 j f 355,000 22 Aug.,1921 205,000 31 Aug.,1921 265,000 I | 9 Sep.,1921 100,000 ! 30 Sep., 1921 ! 115,000 J 31 Oct., 19211 85,000 ' 30Nov.,1921 i 24,000 31 Dec, 1921 60,000 : 31 Jan., 1922 40,000 28 Feb., 1922 I 24,700 lMar.,1922! ,J }■ 14,059, 392 -j "j 20,000 6 Mar., 1922 i 15,000 ! 9 Mar., 1922 15,000 19 Mar., 1922 30,000 | 11 April,1922 14,000 19April,1922 15,000 3 May, 1922 18,000 18 May, 1922 16,000 j 5 June, 1922 20,000 1 , 21 June, 1922 10,000 ' 11 July, 1922 17,100 | 4 Aug., 1922 4,500,000J j 236,8421 J 26,535,698 £ % 10,353,306 100,000 4 J 45,875 4| 17,200 4§ 300 4J 4,000 4§ 23,325 | 4_ 11,200 4§ 5,200 4 J 800 4J 1,000 4 J 1,600 ! 4£ 178,600 | 4J 127,500 4_ 71,700 I 4_ 19,500 ! 4_ 153,800 i% 276,600 : 4| 500 4J 917,500 4 1 160,000 4J 6,800 4J 1,120,000 4 1 1,149,550 4J 5,589,200 4 J 355,000 4_ 205,000 4£ 265,000 4J 100,000 4* 115,000 4J 85,000 4£ 24,000 4| 60,000 4£ 40,000 4_ 24,700 4| 20,000 4J 15,000 4§ 15,000 4| 30,000 4| 14,000 4£ 15,000 4 J 18,000 4J 16,000 4| 20,000 4| 10,000 4_ 17,100 U j 4,736,842 5 J 26,535,698 1 " r- 1 £ 419.479 4,500 30 June and 31 Deo. 2,064 1 Jan. „ 1 July. 774 1 Feb. „ 1 Aug. 14 1 Mar. „ 1 Sept. 180 1 May , 1 Nov. 1,050 Uan. . Uuly. 504 1 May „ 1 Nov. 234 1 Jan. „ 1 July. 36 Uan. „ Uuly. 45 1 May „ 1 Nov. 72 1 Jan. „ 1 July. 8,037 1 Feb. „ 1 Aug. 5,738 | 31 Mar. „ 30 Sept. 3,226 1 April „ 1 Oct. 877 : 15 Aoril . 15 Oct. 6,921 1 May „ 1 Nov. 12,447 1 June „ 1 Dec' 22 . 30 Deo. 41,288 1 Jan. „ 1 July. 7,200 1 Feb. „ 1 Aug. 306 1 Mar. „ 1 Sept. 44,800 1 April „ 1 Oct. 51,730 1 Mar. ,. 1 Sept. 251,514 1 Mar. „ 1 Sept. 15,975 1 Mar. „ 1 Sept. 9,225 1 Mar. „ 1 Sept. 11,925 1 Mar. . 1 Sept. 4,500 1 Mar. „ 1 Sept. 5,175 1 Mar. ,. 1 Sept, 3,825 1 Mar. „ 1 Sept. 1,080 1 Mar. . 1 Sept. 2,700 1 Mar. „ 1 Sept. 1,800 1 Mar. „ 1 Sept. 1,111 1 Mar. „ 1 Sept. i 140, 594 f -"Proceeds of war-loan certifi900 1 Mar. „ 1 Sept. cates invested in war bonds. 675 1 Mar. ., 1 Sept. 675 1 Mar. „ 1 Seot. t Sinking fund 1 per cent. 1,350 1 Mar. „ 1 Sent. payable on £14,059,392 for 630 1 Mar. „ 1 Sept. 1919-20. 675 1 Mar. „ 1 Seot. 810 1 Mar. „ 1 Sept. 720 1 Mar. ., 1 Sept. 900 1 Mar. „ 1 Sept. 450 1 Mar. „ 1 Sept. | 769 1 Mar. . 1 Sept. j 236,842 ; 31 Mar. „ 30 Sept. J Memorandum of security issued to Imperial i qok am Government dated i, dUb, 6bi 26th Marchj 1917-

8.—6

Table NO. 2 — continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

56

Authobizing Act. Amount outstanding. Due Date. S™f INDEBTED- T Funds ness I Int. Annual Chabge. . . ,4te. Remabks. Amount. When payable. S.F. 1 i '.". 1,3067364 I i I i „ £ £ 26,535,698 £ £ % 26,535,698 .. Brought forward Finance Act, 1916, section 35 (War Expenses) — Appropriation Act, 1917, section 27 .. 7,900* ) ( 4 Aug., 1922 8 ' 000, i- 17,900 : 6Sept.,1922 2,000*' I I 2 Oct., 1922 300,000 ) ( 1 Aug.,1921 350,000 -1,000,000 1 Aug., 1922 350,000 1 ( lFeb., 1923 10,000 \ I 1 Aug., 1921 1,000 ' I lFeb., 1922 25,000 - 50,000 lAug., 1922 2,100 i , 1 Feb., 1923 11,900 I I 1 Aug., 1923 475,000 1 „r Q „ 00 I 1 Feb., 1923 375,000 f a50 > 000 1 1 Feb., 1924 1,500,000 ) f Uune,1923 G,600,000J, I 500,000? 6 May, 1923 44,300? I 15May, 1923 75,000J I 21 May, 1923 150,000? I 8June, 1923 50,000? 8 July, 1923 15,000? 8 Aug., 1923 33,350? i 1 Sept., 1923 ;-9,125,800 - 15,000? 5Sept.,1923 12,000!; ; 9 Oct., 1923 17,000s : 9Nov., 1923 57,8005 I 15 Nov., 1923 1,000§ j : 19 Dec, 1923 10,000!; 17 Jan., 1924 5,000? 20 Feb., 1924 33,350? ! 1 Mar., 1924 7,000? j i 15 Mar., 1924 37,579,398 7,900 4_ 8,000 4$ 2,000 i 4J 300,000 4 350,000 ; 4 350,000 4 10,000 4 1,000 4J 25,000 4 2,100 4 11,900 4 475,000 I 4 375,000 4 I f* 5 4. 44 --I *4 ±1 ; ii 44 4_ S-9,125,800 -I 4 4 4J 4J 44 44 44 44 44 37,579.398 355 1 Mar. and 1 Sept. 360 1 Mar. „ 1 Sept. * Proceeds of war-loan cer1 179+ tificates invested in war 90 ' 1 Mar. „ 1 Sept. bonds. 12,000 1 Feb. . 1 Aug. t Sinking fund 1 per cent. 14,000 1 Feb. „ 1 Aug. payable on £17,900 for 14.000 1 Feb. . 1 Aug. 1919-20. 400 I 1 Feb. . 1 Aug. 42 I 1 Feb. „ 1 Aug. 1,000 1 Feb. „ 1 Aug. 84 I 1 Feb. „ 1 Aug. 476 : 1 Feb. „ 1 Aug. 19,000 1 Feb. . 1 Aug. 15,000 1 Feb. „ 1 Aug. | f 60,000 1 June „ 1 Dec. I 330,000 j 31 Mar. .. 30 Sept. |{ Memorandum of security 22,500 ! 15 May „ 15 Nov. '] issued to Imperial Govern1,993 15 May „ 15 Nov. ment dated 4th June, 1918. 3,375 15 May „ 15 Nov. § Proceeds of war-loan cer6,750 15 May „ 15 Nov. tificates invested in war 2,250 15 May „ 15 Nov. bonds. 675 15 May „ 15 Nov. 1,501 15 May „ 15 Nov. !- lj| - 91,258 .. 11 Sinking fund 1 per cent. 675 15 May and 15 Nov. payable on £9,125,800 for 540 15 May „ 15 Nov. 1919-20. 765 15 May , 15 Nov. 2,601 15 May „ 15 Nov. 45 15 May „ 15 Nov. 450 15 May „ 15 Nov. 225 15 May „ 15 Nov. 1,501 15 May „ 15 Nov. I (_ 315 15 May . 15 Nov. Finance Act, 1916 — Section 49 (Public Works) Section 50 (State Forests) Finance Aot, 1917, section 77 (Aid to Public Works) I Finance Act, 1918, sectrbn 10 .. .. ' lill Carried forward 1,910,769 I -I I

57

8.—6

Table No. 2— continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

B—B. 6.

Annual Charge. Authorizing Act. Amount outstanding. Doe Date. Sinking Funds. Net Indebtedness. Remarks. .te. Amount. When payable. J_ | Int. S.F. £ £ 37,579,398 £ £ 37,579,398 % % £ 1,910,769 Brought forward Finance Act, 1918 (No. 2)— Section 29 (Publio Works) Section 30 (Cold-storage Advanoes Account) Section 31, and Discharged Soldiers Settlement Act, 1915 Section 32, and Finanoe Act, 1916, seotion 30 (State Forests) I 360,000 9,500 400,000 •■ 1 Feb.,1924 1 Mar., 1924 1 Mar., 1924 360,000 9,500 400,000 4 4 4 14,400 1 Feb. and 1 Aug. 380 1 Mar. . 1 Sept. 16,000 1 Mar. . 1 Sept. 15,000 J i 1 Feb., 1924 15,000 4 600 1 Feb., , 1 Aug. Fruit-preserving Industry Act, 1913 — Finance Aot, 1917, section 80 Government Railways Aot, 1908 — Railways Improvements Authorization Acts, • 1904-7 i Government Railways Act, 1908 — Finance Act, 1909 .. 18,400 6,500 10,800 17,000 3,500 140,000 2,000 67,500 3,300 17,000 50,000 7,000 1,400 4,980 5,000 53,350 51,640 52,530 11,000 19,000 14,000 56,200 229,800 [ 58,400 1 April, 1920 1 April, 1921 1 April, 1922 1 April, 1923 1 April, 1924 30 June, 1920 1 Aug., 1920 Uan., 1922 1 Feb., 1922 30 June, 1922 30 June, 1920 1 Feb., 1922 1 Feb., 1923 1 Jan., 1920 1 Jan., 1920 1 Feb., 1922 1 Jan., 1923 Uan., 1924 1 Feb , 1920 1 Aug., 1923 1 Feb., 1924 1 Aug., 1923 18,400 6,500 10,800 17,000 3,500 140,000 2,000 67,500 3,300 17,000 50,000 7,000 1,400 4,980 5,000 53,350 51,640 52,560 11.000 19,000 14,000 6,000 4 4 ■4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 736 i 1 April . 1 Oct. 260 1 April „ 1 Oct. 432 1 April „ 1 Oct. 680 1 April . 1 Oct. 140 1 April „ 1 Oct. 5,600 30 June . 31 Deo. 80 1 Feb. . 1 Aug. 2,700 Uan. . Uuly. 132 1 Feb. „ 1 Aug. 680 30 June . 31 Dec. 2,000 : 30 June „ 31 Dee. 280 ! 1 Feb. , 1 Aug. 56 ! 1 Feb. . 1 Aug. 199 1 Jan. „ 1 July. 187 i 1 Jan. . 1 July. 2,134 1 Feb. . 1 Aug. 2,066 ; 1 Jan. . 1 July. 2,102 < 1 Jan. . 1 July. 440 1 Feb. , 1 Aug. 760 1 Feb. . 1 Aug. 560 1 Feb. . 1 Aug. 240 1 Feb. . 1 Aug. Government Railways Amendment Act, 1910 I 167,530 Hauraki Plains Amendment Aots, 1913 and 1914 - j- 44,000 i Hauraki Plains Amendment Aot, 1913, and Appropriation Act, 1918 (section 43) 6,000 i 4 4 4 4 4 4 4 4 4 Hutt Railway and Road Improvement Aots, 1903,1905, 1907, and 1910 2,000 127,000 17,300 55,190 100,000 5,190 40,100 24,900 35,000 [ 306,680 1 May, 1919 1 May, 1920 1 Jan., 1922 1 Feb., 1922 1 May, 1923 30 June, 1923 lOct., 1919 lOct., 1920 1 Oct., 1923 2,000 127,000 17,300 55,190 100,000 5,190 40,100 24,900 35,000 j 80 1 May . 1 Nov. 5,080 j 1 May „ 1 Nov. 692 1 Jan. . 1 July. 2,208 1 Feb. „ 1 Aug. 4,000 I 1 May . 1 Nov. 208 | 30 June . 31 Dee. 1,604 ! 1 April „ 1 Oct. 996 1 April . 1 Oct. 1,400 1 April . 1 Oct. Irrigation and Water-supply Act, 1913 .. -I :- 100,000 Carried forward 39,332,508 1,980,881 39,332,508

8.—6

58

Table No. 2 — continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

35496 7 1tukdxu6' 56 54 8 11 ''1'635gik'

59

8.—6

Table No. 2 — continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

Amount outstanding. Due Date. Sinking Funds. Net Indebted- -d . m „ NESS. RATE - Int. I S.F. Annual Charge. Authorizing ACf,. Remarks. it. Wben payable. £ £ :3,477, 406 £ 42,328,106 10,500 8,000 244,800 25,000 100,000 155,000 [ 166,000 30,000 410,000 10,000 10,200 20,000 15,000 % % £ 2,101,313 420 320 9,792 1,000 4,000 6,200 7,470 1,350 16,400 450 459 1,000 675 Brought forward Land Laws Amendment Act, 1913 — continued. f Land Laws Amendment Aot, 1913, and Finance J Act, 1916 (section 41) 10,500 8,000 244,800 25,000 100,000 155,000 166,000 30,000 410,000 10,000 10,200 20,000 15,000 30 June, 1921 22 July, 1921 1 Mar., 1922 1 Oct., 1922. 1 Dec, 1922 1 April, 1923 30 Mar., 1924 31 Mar., 1924 [ 1 April, 1924 [30 Dee., 1923 J 1 Sept., 1926 "1 26 Mar., 1927 (.29 Mar., 1927 4 4 4 4 4 4 44 44 4 44 44 5 44 30 June and 31 Dee. 22 Jan. . 22 July. 1 Mar. ., 1 Sent. 1 April „ 1 Oct. 1 June „ 1 Dec. 1 April , 1 Oct. 30 Mar. . 30 Sept. 31 Mar. . 30 Sept. 1 April . 1 Oct. 30 June . 30 Dec. 1 Mar. „ 1 Sept. 26 Mar. „ 26 Sept. 29 Mar. „ 29 Sept. .. V 55,200 J Looal Bodies' Loans Act, 1908 — , Government Loans to Local Bodies Act, 1886 j Local Bodies' Loans Act, 1908 .. .. \ Maori Land Settlement Aot, 1905 .. \ Maori Land Settlement Act Amendment Aot, 1907 Mining Amendment Act, 1913 .. .. -j r Native Land Amendment Act, 1913 .. -j 15,800 234,500 250,000 790,000 25,000 370,000 416,000 50,000 1,000 145,000 38,175 7,000 4,500 98,500 250,000 160,000 2,400 275,000 1,500 100,000 20,000 2,400 50,000 155,000 125,000 2,400 3,000 - \ 250,300 1 Sept., 1919 / 15,800 { 234,500 250,000 790,000 25,000 370,000 416,000 50,000 1,000 145,000 38,175 50,000 7,000 4,500 98,500 250,000 160,000 2,400 275,000 1,500 100,000 20,000 2,400 50,000 155,000 125,000 2,400 3,000 34 4 4 4 34 4 4 4 4 4 4 34 4 4 4 4 4 44 4 44 4 4 4 4 44 44 553 9,380 10,000 31,600 875 14,800 16,640 2,000 1 Mar. „ 1 Sept. 1 Mar. „ 1 Sept. 1 Mar. „ 1 Sept. 1 Jan. „ 1 July. 1 Mar. „ 1 Sep"t. 1 Mar. „ 1 Sept. 1 Mar. „ 1 Sept. 1 June „ 1 Dec. 11,901,000 - 184,175 50,000 I 11,500 -1,245,200 1 j J I 1 Mar., 1920 1 Jan., 1921 1 Mar., 1921 1 Mar., 1921 1 Mar., 1923 \ 1 June, 1923 1 Jan., 1918 - 1 Jan., 1921 1 Jan., 1923 1 Jan., 1921 I 1 May, 1919 I 1 Mav, 1920 fl April, 1919 1 April, 1920 1 Oct., 1920 1 Jan., 1921 1 April, 1921 20 Jan., 1922 1 April, 1922 " 1 April, 1922 1 Oct., 1922 1 Oct., 1922 1 April, 1923 1 April, 1924 1 Jan., 1926 i 5 Dec, 1937 " - " .. ■• •• 5,800 1,527 1,750 280 180 ! 3,940 10,000 6,400 108 11,000 68 4,000 850 108 2,000 6,200 5,000 108 135 1 Jan. and 1 July. 1 Jan. „ 1 July. 1 Jan. „ 1 July. 1 May . 1 Nov. 1 May „ 1 Nov. 1 April „ 1 Oct. 1 April „ 1 Oct. 1 April . 1 Oct. 1 Jan. „ 1 July 1 April „ 1 Oct. 20 Jan. „ 20 July. 1 April „ 1 Oct. 1 April „ 1 Oct. I April „ 1 Oct. I April „ 1 Oct. 1 April „ 1 Oct. 1 April „ 1 Oct. 1 Jan. „ 1 July. 5 June „ 5 Deo. Outstanding, 31 March, 1918. •■ •• Carried forward 47,174,781 47,174,781 "I 2,296,151 ••

8.—6

60

Table No. 2 — continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

I Annual Charge. Authorizing Act. Amount outstanding. Duk Date. Sinking Funds. Indebtedness. Rate. Amount. Wben payable. Remarks. Int. j S.F. I. £ 47,174,781 125,000 £ £ 47,174,781 125,000 953,500 % % £ 2,296,151 5,000 30 April and 31 Oct. 42,907 Uune „ 1 Dec. 71,807 .. "Sinking fund 4 per cent. 433 1 June and 1 Dec. payable on £1,795,167 for 1919-20. 240 1 Feb. , 1 Aug. +Repayable at the option of 18,766 1 Feb. „ 1 Aug. the Government, on or after 1st December, 1925, 487 15 April „ 15 Oct. by giving three months' 12,040 30 June „ 31 Deo. notice in London Gazette. 2,958 30 June .. 31 Deo. 6,600 Uan. „ Uuly. 7,768 1 Feb. . 1 Aug. 2,812 15 April . 15 Oct. 1,000 Uan. „ Uuly. 2,188 28 May „ 28 Nov. 32 15 April . 15 Oot. 208 15 April . 15 Oct. 784 15 April . 15 Oct. 315 15 April „ 15 Oot. 1,195,064 1 May ., 1 Nov. 578,780 1 Jan. „ Uuly. J Does not include £223,795 200,099! 1 April „ 1 Oct. 4-per-cent. (1929),£1,032,365 362,804| lFeb. „ 1 Aug. 34 - per - cent., £2.990,000 3"per-cent., and £1,814,521 100,440 15 May „ 15 Nov. 4-per-cent. (1963)stocktrans84 15 May „ 15 Nov. ferred to the State Advances 541,893 15 May „ 15 Nov. Office. 37,033 15 May „ 15 Nov. 43,938 15 May „ 15 Nov. ? Sinking fund 1 per cent. 186,835 15 May „ 15 Nov. payable on £18,683,545 for 113,523 15 May „ 15 Nov. 1919-20. 2,285 15 May „ 15 Nov. , 5,153 15 May „ 15 Nov. Brought forward Native Land Purchases Act, 1892 j 953,500 j 9,631 125,000 31 Oct., 1922 j) | 1 Dec, 1945 f I I- 963.131 J 4 44 Naval Defence Act, 1909* (Issued to cover expenses of raising £953,500 loan) J 1 1 Dec, 1945+ I - 963,131-i I 9,631 44 4 New Zealand Consols Act, 1908.. .. . j 6,845 469,147 t 475,992 j 1 Feb., 1925 1 i [ 475,992 ( 6,845 \ 469,147 34 4 New Zealand Loans Act, 1908— Consolidated Loan Act, 1867.. 301,000 84,500 165,000 194,200 75,000 25,000 51,700 800 5,200 20,900 7,000 29,876,607 16,536,567 6,669,980 9,070,107 13,000 15 April, 1920 , (31 Dec, 1919 „•.. „,.,. 31 Dec, 1919 7M '' 00 1 Uan.! 1921 J [ 1 Feb.. 1924 1 100 000 J 15 April, 1920 j iuu . uuu \ i July, 1922 I 28 Nov., 1919 60,700 ■ 15 Oct., 1920 (15 Oct., 1923 ! 27 900 J15 April, 1920 j -".900 j 15Apriljl920 t 1 Nov., 1929 A01M ori+ 1 Jan., 1940 62,153,261 M iApriI,1945 J { 1 Feb., 1963 13,000 i 13,000 301,000 84,500 165,000 194,200 75,000 25,000 54,700 800 5,200 20,900 7,000 29,876,607 16,536,567 6,669,980 9,070,107 3| 4 34 4 4 3| 4 4 4 4 3| 44 4 34 3 4 (! Consolidated Stock Act, 1884 .. ■{ Defence and other Purposes Loan Act, 1870 J General Purposes Loan Act, 1873 Immigration and Public Works Loan Act, 1870 J New Zealand Consolidated Inscribed Stock J I 744,700 I 100,000 60,700 •• i j 27,900 - \ 62,153,261} - New Zealand Inscribed Stock Act, 1917 — Finance Act, 1916, section 35 War Purposes Loan Act, 1917 .. ( War Purposes Loan Act, 1917 (available for Death Duties) Finance Act, 1918, section 10 Finance Act, 1918, section 10 (available for Death Duties) New Zealand Loan Act, 1863 2,232,000 2,810 12,042,075 740,660 976,400 K /15 Nov., 1938 15 Nov., 1938 15 Nov., 1938 | 15 Nov., 1927 I \J 15 Nov., 1938 lh.8,683,545 ] I I i 2,232,000 2,810 12,042,075 740,660 976,400 44 3 44 5 44 1§ 2,522,730 45,700 121,170 i 15 Nov., 1938 ■ 15 Nov., 1927 ' 15 Nov., 1938 2,522,730 45,700 121,170 44 5 44 / V 2,500!' New Zealand State-guaranteed Advances Act, 1909— 25,000 470,000 2,500 15 July, 1914 j 25,000 470,000 || £2,607 was credited to Consolidated Fund during 1915-16, and is held to meet the debentures outstanding 875 1 April and 1 Oct. when presented. 17,625 1 April , 1 Oct. " "Land for Settlements Branch .. < 131,019,510 .. 34 3f Carried forward 2,500 131,017,010 5,859,2-27 5,859,2-27 '

8.-6

Table No. 2— continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

61

Authorizing Act. Amount outstanding. Due Date. Sinking Funds. Net Indebtedness. A Rate. 1 Int. S.F. Annual Charge. Annual Cha Amount. ARGE. Wben payable. Remarks. : £ £ 131,019,510 £ 2,500 £ % 131,017,010 ! .. % 5,859,227 Brought forward New Zealand State-guaranteed Advances Act, 1909 — continued. I SO,000 20,000 361,600 54,500 30,000 [ 546,100 '" I 1 April, 1923 1 Oct., 1947 i 1 Oct., 1948 j 1 April, 1949 I 1 April, 1949 1 April, 1949 80,000 ; 4 20,000 ! 34 361,600 . 3| 54,500 3§ 30,000 ' 4 5,000 ! 3} Native Land Settlement Branch .. J 3,200 700 12,656 2,044 1,200 187 1 April and 1 Oct. 1 April „ 1 Oct. 1 April „ 1 Oct. 1 April „ 1 Oct. 1 April „ 1 Oct. 1 April „ 1 Oct. i Guaranteed Mining Advances Branch.. Loeal Authorities Branch — 5,000 - Hauraki Plains Settlement Account.. ■! Opening up Crown Lands for Settlement Account Rangitaiki Land Drainage Account .. J New Zealand State-guaranteed Advanoes Acts, 1909-10— f Land for Settlements Branoh 10,000 50,000 10,000 25,000 33,000 112,000 3,515 60,425 S,800 5,000 25,000 10,000 r 95,000 I 217,740 40,000 ( 1 April, 1933 1 Oct., 1947 j 1 Oct., 1948 ( 1 April, 1949 / 1 April, 1923 1 April, 1948 1 Oct., 1948 1 April, 1949 I 1 April, 1949 ( 1 April, 1923 1 Oct., 1948 ( 1 April, 1949 10,000 4 50,000 34 10,000 34 25,000 ! 3f 33,000 4 112,000 34 3,515 34 60,425 3} 8,800 4 5,000 4 25,000 34 10,000 3j 400 1,750 350 937 1,320 3,920 123, 2,266 352 200 875 375 1 April „ 1 Oot. 1 April „ 1 Oct. 1 April „ 1 Ooc. 1 April „ 1 Oct. 1 April „ 1 Oct. 1 Amil „ 1 Oct. 1 April „ 1 Oct. 1 April „ 1 Oct. 1 April „ 1 Oct. 1 April „ 1 Oct. 1 April „ 1 Oct. 1 April „ 1 Oct. 500 100 22,500 30,000 15,300 6,000 39,500 741,066 73,700 24,000 33,000 210,000 99,000 8,600 147,965 72,700 1 f-1,523, 931 f Uan., 1919 lFeb., 1919 1 April, 1919 IMav, 1919 1 May, 1919 1 Mar., 1920 1 April, 1922 31 Oct., 1922 31 Oct., 1922 IMar., 1923 1 April, 1923 1 Aug., 1923 lOct., 1923 INov., 1923 1 Jan., 1924 lFeb., 1924 .. 500 4 100 4 22,500 4 30,000 4 15,300 3| 6,000 4 39,500 4 741,066 4 73,700 34 24,000 ■ 4 33,000 1 4 210,000 4 99,000 j 4 8,600 ! 4 147,965 ! 4 72,700 ! 4 900 1,200 574 240 1,580 29,643 2,579 960 1,320 8.400 3,960 344 5,919 2,908 5,952,609 1 April and 1 Oct. 1 May „ 1 Nov. 1 Mav , 1 Nov. 1 Mar. „ 1 Sept. 1 April „ 1 Oct. 30 April „ 31 Oct. 30 April „ 31 Oct. 1 Mar. , 1 Sept. 1 April , 1 Oct. 1 r?eb. „ 1 Aug. 1 April „ 1 Oct. 1 May „ 1 Nov. 1 Jan. „ 1 July. 1 Feb. „ 1 Aug. Outstanding, 31 March, 1919, Outstanding, 31 March, 1919. 1 J 133,447,281 - - Carried forward • • 2,500 133,444,781 ..

8.—6

62

Table No. 2 — continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

Authorizing Act. Amount outstanding. Due Date. Sinking Funds. Net Indebtedness. Rate. Int. I S.F. Amount. Annual Charge. When payable. Remarks. £ £ .33,447,281 £ £ °/ 2,500 133,444,781 j 1 April, 1919 .. 50,000 3| | 1 April, 1949 .. 30,000 3J 1 July, 1920] .. 200,000 4 % £ 5,952,609 Brought forward New Zealand State-guaranteed Advances Acts, 1909-10— continued. •• Native Land Settlement Branch .. | 50,000 30,000 | 80,000 1,875 1 April and 1 Oct. 1,1.25 1 April . 1 Oct. 8,000 Uan. „ Uuly. Post and Telegraph Aot, 1908 200,000 Public Revenues Act, 1910 (Reserve Fund Securities Act, 1907) Public Revenues Amendment Act, 1914, section 8 (War Expenses) — War Purposes Loan Act, 1917, section 6 Public Revenues Amendment Act, 1915 (No. 2), section 9— (Issued to cover expenses of raising £890,000 loan) Finance Act, 1918, section 17 Public Revenues Amendment Act, 1915 (No. 2), section 9— (Issued to cover expenses of raising £1,110,000 loan) Public Revenues Amendment Act, 1915, seotion 5 (War Expenses) — / Public Revenues Amendment Act, 1915 (No. 2), seotion 2 890,000* 8,990* 1,110,000+ 800,000 2,067,411 1 Aug., 1922 .. 800,000 ! 4 ._ .... , lDec, 1945 .. j L 898,990 i 44 1 Dec, 1915 .. j I [.1,168,421 34 1 j 32,000 1 Feb. . 1 Aug. ■ . f 40,454 Unite „ 1 Dec. * Repayable at the option of the Government on or after 1st December, 1925, by giving three months' notice in the London Gazette. f Memorandum of security dated 2nd January, 1918. 58,421+ 1,700,000 3,750 390,000 3,200,000* 32,323* 1,600, 000? 1 3,110,000? 163,669? I 1 Feb., 1921 .. 1,700,000 4 1 Feb., 1922 .. 3,750 4 1 May, 1921 .. 390,000 4 1 JS e °"iol- " \ 3,232,323 44 1 Dec, 194o .. J 4 4 4 40,895 31 Mar. „ 30 Sept. -j 122,671 68.000 1 Feb. and 1 Aug. 150 1 Feb. . 1 Aug. 15,600 1 May „ 1 Nov. 145,455 1 June „ 1 Dec. 80,000 31 Mar. „ 30 Sept. I 163,683 31 Mar. „ 30 Sept. \ Sinking fund 1 percent, payable on £12,267,153 for 1919-20. (Issued to cover expenses of raising £3,200,000 loan) 10,199,742 44 5 § Memorandum of security dated 31st March, 1916. i 1,600,000 j 5 (Issued to cover expenses of raising I £3,110,000 loan) Public Works Act, 1908— Paeroa-Waihi Railway Aot, 1903 Waikaka Branch Railway Act, 1905 .. ( 1 "• I 3,273,669 5 5 Railways Improvements Authorization Act, 1914 -j 140.000 240,000 8,000 70,000 75,000 20,000 86,250 53,476 553,000 31 Mar., 1924 .. 86,250 4 1 May, 1920 .. 53,476 4 1 Aug., 1920 .. 140,000 4 1 Feb., 1921 I .. 240,000 4 1 Aug., 1921 j .. 8,000 4 " 1 Feb., 1922 ! .. 70,000 4 1 Feb., 1923 .. ' 75,000 4 lFeb , 1924 .. 20,000 4 1 Mar., 1924 .. 10,000 4 2,500 147,494,660 4 4 4 4 4 4 4 4 4 3,450 31 Mar. . 30 Sept. 2,139 1 May . 1 Nov. 5,600 1 Feb. „ 1 Aug. 9,600 1 Feb. „ 1 Aug. 320 1 Feb. . 1 Aug. 2,800 1 Feb. „ 1 Aug. 3,000 1 Feb. . 1 Aug. 800 1 Feb. » 1 Aug. 400 1 Mar. . 1 Sept. Rangitaiki Land Drainage Amendment Act, 1913 10,000 Carried forward :7,497, 160 6,700,626

8.—6

63

Table No. 2 — continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

Authorizing Act. AMOUNT OUTSTANDING. Due Date. Sinking Funds. Net Indebted- r NESS. Int. I S.F. 1 Annual Charge Remarks. int. When payable. Brought forward Rangitaiki Land Drainage Amendment Acts, 1913-14 Rangitaiki Land Drainage Amendment Act, 1913, and Finanoe Act, 1917 (seotion 81) Rangitaiki Land Drainage Amendment Aot, 1913, and Appropriation Act, 1918 (seotion 44) £ 12,000 19,000 17,000 2 000 10,000 25,000 5,000 £ 147,497,160 | fl Sept.,1919 no nno ' 1 Sept., 1920 f 50 ' 000 ] IMar., 1921 j [ 1 Mar., 1922 ) ( IMar., 1922 40,000 -, IMar., 1923 ) 1 1 Mar., 1924 5,000 IMar., 1924 £ 2,500 £ 147,494,660 12,000 19,000 17,000 2,000 10,000 25,000 5,000 5,000 % 4 4 4 4 4 4 4 4 % £ 6,700,626 480 760 680 80 400 1,000 200 200 1 Mar. and 1 Sent. 1 Mar. . 1 Sept. 1 Mar. . 1 Sept. 1 Mar. . 1 Sept. 1 Mar. „ 1 Sept. 1 Mar. „' 1 Sept. 1 Mar. , 1 Sept. 1 Mar. „ 1 Sept. Scenery Preservation Act, 1908 .. J Swamp Drainage Act, 1915 .. .. -J 1 20,000 19,000 5,000 15,000 30,000 11,000 5,000 15,000 15,000 \ I 1 May, 1919 1 May, 1919 :- 89,000 ■ 1 May, 1920 1 Nov., 1921 ) 1 May, 1923 ( 1 May, 1921 ar oon ' 1 May, 1922 - 46,000 1M 4' )ig23 J { 1 May, 1924 20,000 19,000 5,000 15,000 30,000 11,000 5,000 15,000 15,000 I 3| 4 4 4 4 4 4 4 4 750 760 200 600 1,200 440 200 600 600 1 May . 1 Nov. 1 Mav „ 1 Nov. 1 May . 1 Nov. 1 May „ 1 Nov. 1 May „ 1 Nov. 1 May „ 1 Nov. 1 May „ 1 Nov. 1 May „ 1 Nov. 1 May . 1 Nov. State Advances Act, 1913 — . Advances to Settlers Branch.. Advances to Workers Branch Advances to Local Authorities Branoh Waihou and Ohinemuri Rivers Improvement Aot, 1910 r 573,200 1 June, 1919 50,000 Uune, 1919 200,000 1 June, 1919 100,000 1 Aug., 1923 573,200 50,000 200,000 100,000 4 4 4 4 22,928 2,000 8,000 4,000 1 June „ 1 Dec. 1 June „ 1 Dec. 1 June „ 1 Dec. 1 Feb. „ 1 Aug. i War Purposes Loan Act, 1917, and War Purposes Loan Act, 1917 (No. 2)— 6,170,150 4,830,000* 31,500+ 1,000,000+ 9,500+ 300,000+ 60,000+ 10,000+ "I fl5Nov.,1938 1 Sept.,1922 HSept.,1922 2 Oct., 1922 11 Oct., 1922 16 Oct., 1922 27 Oct., 1922 7 Nov., 1922 13 Nov., 1922 3 Dec, 1922 7 Feb.. 1923 IMar., 1923 5 Mar., 1923 24 Apr., 1923 IJ 115 Nov., 1927 ] f 44 5 44 44 44 44 44 44 1 - i! ! f 277,657 241,500 1,417 45,000 427 13,500 2,700 450 143,063 450 450 1,350 225 1,498 225 11,250 77,590 15 May , 15 Nov. 31 Mar. . 30 Sept. 15 May „ 15 Nov. 15 May „ 15 Nov. 15 May „ 15 Nov. 15 May „ 15 Nov. 15 May „ 15 Nov. 15 May „ 15 Nov. * Memorandum of security issued to Imperial Government dated 1st September, 1917. + Proceeds of war -loan certificates invested in war bonds. J Sinking fund 1 per cent, payable on £14,306,250 for 1919-20. i I i 14,306, 250 -J 10,000+ 10,000+ 30,000+ 5,000+| 33,300+1 5,000+! 250,000+i 1,551,800 , 44 44 44 44 44 5 15 May „ 15 Nov. 15 May . 15 Nov. 15 May „ 15 Nov. 15 May „ 15 Nov. 15 May „ 15 Nov. 15 May . 15 Nov. 15 May „ 15 Nov. 15 May . 15 Nov. Finance Act, 1917, section 68 Carried forward .. 1162,956,610 I 162,956,610 2,500 162,954,110 •• 7,565,456

8.—6.

Table No. 2 — continued. The PUBLIC DEBT of NEW ZEALAND on 31st March, 1919— continued.

64

Authorizing Act Amount Outstanding. Due Date. _i_ Sinking Funds. Net I™™" RATE. Int, I S.F. Annual Charge. Remabks. When Payable. i I Brought forward Wellington-Manawatu Railway Purchase Act, 1908 Public Debt Kxtinction Act, 1910 £ £ 162,956,610 499,700 £ 2,500 1 Mar.. 1921 £ ' % ' 162,954,110 , ° 499,700 j 4 % £ 7,565,456 19,988 140,076 1 Mar. and 1 Sept. Payable on £91,000,000 for 1919-20. Less Sinking Fund in respeot of— Government Loans to Local Bodies Acts War and Defence Loans .. .. Public Debt Extinction Aot, 1910 Naval Defence Act, 1909 Land for Settlements Native-land Settlement Guaranteed Mining Advances .. Section 26 (5) (a), State Advanoes Act, 1913 War Loans State Advances Debt (table attached) .'.' Totals 163,456,310 12,619,950 176,076,260 2,500 799,601 192,691 1,446,118 614,521 788,590 11,377 696 6,497 863,511 4,724,202 4,726,702 1,224,354* 5,951,056 163,453,81 0 ■ I ' » 4,724,202 158,729,608 11,395,596 7,725,520 469,964 8,195,484 ♦Includes £354,082 held by the Public Trustee under section 26 (3) (o), State Advanoes Act, 1913. 170,125,204

65

B.—G

Table No. 3. Particulars of the Public Debt transferred to the State Advances Office, and Loans raised by or on behalf of that office for which the dominion is indirectly liable, as at 31st March, 1919.

9—B. 6!

U , Annual Charge. Amount outstanding. Due Date. | Indebtedness, j Rate, i Amount. , When payable. RAISED BY TREASURY AND TRANSFERRED. ADVANCES TO SETTLERS BRANCH. The Government Advances to Settlers Act, 1894. Extension, 1901. £ £ | £ ! °/ • £ • i 80,000 5 June, 1920 j 80,000 4 3,200 I 1 June and 1 December. 80,000 The Government Advances to Settlers Act, 1908. 105,000 1 June, 1920 105,000 4 4,200 1 June and 1 December. 100,000 1 March, 1921 100,000 4 4,000 1 March and 1 September. 45,000 1 July, 1922 45,000 4 1,800 1 January and 1 July. 12,900 1 January, 1924 12,900 4 516 1 January and 1 July. 262,900 The New Zealand State-guaranteed Advances Acts, 1909-10. 205,000 1 December, 1921 205,000 i 4 8,200 1 June and 1 December. 2,094* 1 February, 1922 2,094 4 84 1 February and 1 August. 750,000 23 October, 1922 750,000 4 30,000 23 April and 23 October. 41,700 1 August, 1923 41,700 4 1,668 1 February and 1 August. l,745,000f 1 December, 1945 1,745,000 4| 78,525 1 June and 1 December. 17,626*f 1 December, 1945 17,626 4| 793 1 June and 1 December. 2,761,420 The New Zealand Loans Act, 1908 — -N.Z. Consolidated Inscribed Stock. 166,910 1 November, 1929 j 166,910 4 6,676 1 May and 1 November. 881,848 1 January, 1940 881,848 3£ 30,865 1 January and 1 July. 2,990,000 1 April, 1945 2,990,000 3 89,700 1 April and 1 October. 1,171,188 1 February, 1963 1,171,188 4 ; 46,847 1 February and 1 August. 5,209,946 8,314,266 ADVANCES TO WORKERS BRANCH. The Government Advances to Settlers Act, 1908 (Part III). — Workers. 25,000 1 June, 1920 25,000 4 1,000 1 June and 1 December. 5,000 1 July, 1922 5,000 4 200 1 January and 1 July. 30,000 The New Zealand State-guaranteed Advances Acts, 1909-10. 406* 1 February, 1922 406 ! 4 16 1 February and 1 August. 7,000 1 October, 1922 7,000 4 280 ! 1 April and 1 October. 750,000 1 August, 1923 750,000 4 30,000, 1 February and 1 August. 205.000 1 January, 1924 205,000 4 8,200 , 1 January and 1 July. 325.0001 1 December, 1945 325,000 4$ 14,625 1 June and 1 December. 3,283*f 1 December, 1945 3,283 4f 148 1 June and 1 December. 1,290,689 The Finance Act, 1915 (Section 106). 10,000 I 1 July, 1941 | 10,000 | 4| 450 j 1 January and 1 July. 10,000 I I The New Zealand Loans Act, 1908 — N.Z. Consolidated Inscribed Stock. 52,743 1 November, 1929 j 52,743 4 2,110 1 May and 1 November. 147,184 1 January, 1940 j 147,184 3£ 5,151 1 January and 1 July. 155,000 1 February, 1963 ' 155,000 4 6,200 1 February and 1 August. 354,927 1,685,616 9,999,882 Carried forward. •Issued to cover expenses of raising loans. I Repayable at the option of the Government on or after ;he 1st Docember, 1925, by giving three months' notice in the London Gazette.

8.—6

66

Table No. 3— continued. Particulars of the Public Debt transferred to the State Advances Office, and Loans raised by or on behalf of that office for which the dominion is indirectly liable, as at 31st March, 1919 — continued.

rr Annual Charge. Amount outstanding. Due Date. Indebtedness. Rate. Amount. When payable. RAISED BY TREASURY AND TRANSFERRED— continued. £ 9,999,882 Brought forward. LOCAL AUTHORITIES BRANCH. The New Zealand Loans Act, 1908 — N.Z. Consolidated Inscribed Stock. £ £ % £ 4,142 1 November, 1929 4,142 4 166 1 Mav and 1 November. 3,333 1 January, 1910 3,333 3i I 117 1 January and 1 July. 488,333 1 February, 1963 488,333 4* | 19,533 I February and 1 August. 495,808 495,808 Total £10,495,690 (Transferred from Treasury.) RAISED BY SUPERINTENDENT. The New Zealand State-guaranteed Advances Act, 1909. (Advances to Settlers.) 100,000 I 1 October, 1948 100,000 3| 3,500 1 April and 1 October. 37,000 1 April, 1949 37,000 3| 1,387, 1 April and 1 October. 137,000 (Advances to Workers.) 325,000 1 October, 1948 j 325,000 SJ 11,375 1 April and 1 October. 100,000 1 April, 1949 '■ 100,000 3J ■ 3,750 1 April and 1 October. 425,000 (Local Authorities Branch.) 400,000 1 April, 1947 400,000 3_ 14,000 1 April and 1 October. 425,000 1 October, 1947 425,000 3i ; 14,875 1 April and 1 October. 100,000 1 April, 1948 100,000 3£ 3,500 ' 1 April and 1 October. 361,485 1 October, 1948 361,485 , 3i ; 12,652 : 1 April and 1 October. 575 1 April, 1949 575 3J 22 1 April and 1 October. 275,000 1 April, 1949 275,000 , 3£ 9,625 ! 1 April and 1 October. 200 1 April, 1949 200 4 8 ! 1 April and 1 October 1,562,260 Total £2,124,260 Superintendent's Debentures. Total £12,619,950 State Advances debt.

8.—6

Table No. 4. Statement of the Estimated Liabilities chargeable on the Consolidated Fund (Revenue Account) outstanding on the 31st March, 1909, 1910, 1911, 1912, 1913, 1914, 1915, 1916, 1917, 1918, and 1919.

67

31st March, 1909. 31st March, 1910. 31st March, 1911. 31st March, 1912. 31st March, 1913. 31st March, 1914. 31st March, 1915. 31st March, 1916. 31st March, 1917. i I 31st March, 1918. 31st March, 1919. Revenue Account. Permanent Appropriations, — Civil List Under special Acts of the Legislature Pensions Land Aot National Endowments £ s. d. £ s. d. £ s. d. | £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. : £ s. d. £ s. d. i £ s. d. 663 15 10 765 13 4 753 11 8 230 18 2 208 6 9 227 16 9 ! 143 19 6 3,200 0 0 84 0 4 53 14 4 23 8 5 6,324 6 0 j 3,939 8 9 1,458 11 10 3,372 10 3 j 2,518 4 6 14,937 0 0 ! 68 11 8 8,614 13 4 ; 15,508 6 8 72 13 11 1,012 14 10 2,351 0 0 270 9 3 2,746 0 0 312 8 4 - 2,787 11 3 •• •• " •• 6,988 1 10 i ' I 7,492 13 4 2,212 3 6 3,603 8 5 j \ i [ 2,726 11 3 | 15,233 8 5 ; 8,758 12 10 18,781 0 7 1,096 15 2 2,675 3 7 3,081 16 9 Annual Appropriations, — Legislative Departments Departments of Minister of Finance Post and Telegraph Department Working Railways Public Buildings and Domains Maintenance and Improvement of Roads Justice Department* Mines Department Internal Affairs Department .. Defence Department Customs Department Marine Department Labour Department Lands Department Agriculture Department Education Department Valuation and Electoral Departments-! 33 19 6 : 2,308 0 9 41,703 0 0 191,727 0 0 : 832 0 4 1.690 16 1 3,627 5 9 1,912 5 10 6.765 16 7 10,583 14 7 i 236 10 8 1 3,312 2 2 ! 1,002 8 5 : ■ 5,924 14 2 i j 8,428 13 4 56 2 6 : 62 3 5 1,600 11 3 i 42,545 0 0 j 129,131 0 0!: 663 9 4 3,611 7 6 j 6,733 2 11 30 16 8 I 7,477 2 11 | 7,398 6 2 13,309 10 2 ! i 176 2 0 1,780 15 0 49,039 0 0 143,363 0 0 1,543 1 9 448 0 0 6,788 1 3 74 15 11 427 16 8 63,981 0 0 172,451 0 0 1,961 15 11 5,472 0 0 5,973 6 0 103 14 4 182 7 5 58,831 19 10 150,514 0 0 3,487 6 1 3,516 0 0 12,178 15 11 61 11 2 10,968 16 10 12,958 10 5 152 2 1 592 14 6 63,566 5 6 136,909 0 0 1,719 8 6 6,099 0 0 : 8,884 4 8 8,658 17 6 19,064 12 2 7,055 15 5 246 11 0 397 4 6 79,466 10 8 157,575 0 0 9,195 0 0 : 6,156 0 0 6,707 6 9 6,846 13 11 14,655 17 5 25,369 5 11 400 3 9 • 393 7 8 ! 63,474 0 0 113,679 0 0 i 6,281 0 0 3,435 0 0 7.044 0 1 83 15 1 1,588 14 2 65,245 4 7 129,112 0 0 4,964 0 0 5,877 0 0 : 6,863 4 1 955 12 1 958 6 5 7,707 16 7 33,827 13 6 81.067 19 6 88,463 0 0 136,976 0 0 170,311 5 10 -14,463 0 0 11,131 0 0 10,227 2 6 8,691 10 8 11,549 2 5 3,152 2 10 11,311 12 2 6,648 6 0 10,791 15 6 20,408 19 1 : j 19,572 3 3 i 7,792 13 9 20,796 2 2 33,587 10 3 17,292 7 6 20,288 9 10 2,469 19 1 2,760 16 5 2,927 6 10 1,447 16 4 ' 1,234 2 1 1,248 16 8 3,350 16 3 5,144 0 5 6,118 14 9 1,057 3 8 447 3 1 1,104 15 3 2,998 17 4 8,016 0 0 50,173 0 0 14,196 0 0 18,585 0 0 959 8 9 I 4,761 16 5 ! 2,818 1 9 255 18 5 j 412 5 5 6,768 15 8 4,044 10 7 1,979 15 7 255 3 6 6,170 12 3 11,716 11 4 850 0 1 11,385 5 3 10,403 7 0 8,877 16 11 S69 0 7 I 4,065 19 9 8,420 0 0 2,402 10 6 i 465 17 10 ! 2,625 5 2 i 3,134 0 0 I 13,862 8 2 570 4 3 1,695 8 10 6.500 0 0 \ 41,060 0 0 890 3 8 1,914 19 2 4.060 0 0 1 20,332 0 0 ■■ - •- I 1,243 15 1 J280,144 10 8 211,357 15 8 ' 1233,514 11 7 290,054 16 3 1286,396 18 0 i269,907 7 6 327,937 3 5 276,981 15 10 271,646 14 0 319,003 19 8 [446,825 6 9 Services not provided for -• 10,922 12 3 647 9 1 82 10 1 L . 87 1 0 •• Totals .. 289,123 9 3 !287,132 12 6 229,773 1 3 236,374 4 2 1293,740 14 9 285,140 15 11 1336,695 16 3 295,762 16 5 272,743 9 2 321,766 4 3 '449,907 3 6 I Includes Native Department. t Previous to 1918-19 Valuation Department was included in Lands Department and Electoral Department was included in Internal Affairs Dej lartrnent.

8.—6

68

Table No. 5. Statement of the Estimated Liabilities chargeable on the Public Works Fund outstanding on the 31st March, 1909, 1910, 1911, 1912, 1913, 1914, 1915, 1916, 1917, 1918, and 1919.

31st March, } 31st March, 31st March, 1909. 1910. 1911. 31st March, 31st March, 31st March, 31st March, 31st March, 31st March, 31st March, : 31st March, 1912. 1913. 1914. 1915. 1916. 1917. 1918. 1919. Annual Appropriations — Public Works, Departmental Railways Development of Water-power Irrigation and Water-supply Public Buildings Lighthouses, Harbour- works, and Har-bour-defences Tourist and Health Resorts Immigration Roads .. .. .. . i Development of Mining Telegraph Extension .. .. Contingent Defence Lands Improvement Plant, Material, and Stores.. Electric Supply £ s. d.j £ s. d. 97 18 4 47 3 3 761,628 0 5 687,004 6 2 £ s. d. 34 0 0 636,640 12 11 212 13 6 10 0 221,135 14 6 £ s. d. £ s. d. £ s. d. £ s. d.i £ s. d. £ s. d. £ s. d. £ s. d. 283 19 3 ' 566 16 8 105 17 1 1,930 0 0! 710 0 1,316 0 0 691 0 0 973 0 0 622,761 12 2 255.340 3 0 287,777 3 10 417.718 0 0: 293,522 0 0 233,271 0 0 150,492 0 0 229,396 19 9 56,157 9 1 | 1,424 0 0 i 681 0 0 I 1,360 0 0 176,855 6 3 80,910 10 11 ! 235,148 17 9 175.040 13 11 188.640 8 11 150,934 14 8 117,774 10 4 i 71.646 3 6 52,457 9 5! 200,406 17 3 793 6 3 286 0 7 7,369 12 9! 5,142 4 4 2,857 14 0 159 0 0 155,275 0 4 69,553 9 4 4,400 10 8 2,290 16 2 68,837 0 0 39,310 0 0 303 9 8 221 18 9 407 11 11' 574 14 11 347 5 7 442 1 9 22 0 0 157,326 0 0 2,034 4 7 71,904 0 0 33 5 10 1,973 12 0 722 19 6 - 527 9 8 945 13 9 133 14 7: 53 0 0 140 7 8 I 55 17 9 880 17 6 1,791 0 0 4,889 0 0 1,642 0 Ol 1,217 0 0 190 0 0 j 70 0 0 4,250 0 0 3,595 6 10 219,069 0 0 162,258 11 6 ; 226,114 16 4 250,195 0 6, 174,220 0 0 116,564 0 0 129,710 0 0 456,409 0 0 1,192 4 9 499 12 2 111,372 0 0 171,297 1 0 235,665 16 3 247.113 17 4 11,468 0 0 .. 10,887 11 6 15,907 0 0 55 0 0 288 15 1 .. 112 10 6 509 18 11 321 4 1 148 15 2 1,240 18 2 : 203 16 1 399 7 4; 34 11 8 7,801 0 0 ; 2,980 0 0 13.962 0 0 38,621 0 0 372 0 0 :: :: Services not provided for .. .. 1,054,427 13 9!l,004,996 10 9 1,092,106 10 8 1,191,847 5 9 122 0 0 1,191,847 5 9 673,932 10 11 992,098 5 10 1,094.961 0 11 677,666 0 7 506,932 12 10 424,833 18 6 519,256 7 4 loo n n 673,932 10 11 992,098 5 10 1,094.961 0 11 677,666 0 7 506,932 12 10 122 O 0 „ . . Totals .. 1,054,427 13 91,004,996 10 9< I 1,092,106 10 8 1,191,969 5 9 '■ 673,932 10 11 992,098 5 10 1,094,961 0 11 677,666 0 7 : 506,932 12 10 I l_ I _ i 424,833 18 6 :519,256 7 4

8.—6

69

Table No. 5-continued. Statement of the Estimated Liabilities chargeable on the undermentioned Separate Accounts outstanding on the 31st March, 1909, 1910, 1911, 1912, 1913, 1914, 1915, 1916, 1917, 1918, and 1919.

31st March, 1909. I 31st March, ; 31st March, 1910. 1911. 31st March, 31st March, ' 31st March, 1912. 1913. 1914. [ 31st March, 1915. 31st March, 1916. 31st March, 1917. 31st March, 1918. 31st March, 1919. Aid to Water-power Works Account Cheviot Estate Account Discharged Soldiers Settlement Aocount .. Electric Supply Account Government Aooident Insurance Acoount .. Government Life Insurance Account Hauraki Plains Settlement Account Irrigation and Water-supply Account Kauri-gum Industry Account ' Land for Settlements Acoount .. .. Land for Settlements Account (Opening up Crown Lands for Settlement Account) .. Loans to Local Bodies Aocount Maori Land Settlement Aot Aocount National Endowment Account Native Land Settlement Account Public Trustee's Acoount Railways Improvements Account Railways Improvement Authorization Aot 1914 Account Rangitaiki Land Drainage Account Scenery Preservation Account State Advances Acoount.. State Coal-mines Account ... State Fire Insurance Account State Forests Account Swamp Land Drainage Acoount Telegraph Extension Account Waihou and Ohinemuri Rivers Improvement Account Waimarino Bush-fire Relief Account War Expenses Account Wellington-Hutt Railway and Road Improvement Account £ s. d. 612 0 £ s. d. £ s. d. £ s. d. •• £ s. d. £ s. d. |l32,162 1 4 ; 34,964 0 6 . • " .. . £ s. d. £ s. d. £ s. d. 12,919 0 0 22,861 0 0 28,778 0 0 '.'. .. 3,168 12 9 £ s. d. £ s. d. 18,603 0 0 16,673 0 0 218 12 9 191 10 10 253 1 0 459 18 0 130 4 3 371 4 1 682 1 11 1,213 14 9 551 17 3 614 14 4 2,553 7 0 759 7 9 543 18 4 432 10 0 21 19 2 606 14 4 412 11 10 1,861 3 1 2,977 3 9 293 8 10 313 16 5 1,256 11 0 447 19 0 163 7 10 45 15 7 50 0 0 200 0 0 1,19519 0 I 3,385 13 7 279 1 4 315 18 4 140 18 3 645 6 6 366 9 0 347 11 0 165 3 9 100 17 7 143 16 7 6,740 0 0 3,705 0 0 188 8 11 1,354 5 0 737 18 10 3,452 5 4 2,452 0 0 2,544' 3 8 1,664' 14 5 2,849 - 17 1 2,525 6 5 1,808 8 3 311 9 11 165 5 6 5,978 9 4 150 7 0 7,64512 8 10,376 0 0 9,582 0 0 9,396 0 0 13,566 0 0 14,362 0 0 ! 5,843 0 0 9,874 0 0 14,594 6 10 i •• 725 5 0 4,945 3 0 173 18 3 4,687 5 8 429 10 0 132,486' 0 0 2,732'l8 3 i 468' 0 0 2,559 10 11 ! 2,567 17 10 103,233' 0 0 ; 63,669' 0 0 4,862' 0 0 : 3,177 0 0 1,680 0 0 1,294 8 9 ! 1,105 11 7 ! 433 1 6 16 16 0 12,150 14 11 7,756'' 8 7 22,494 0 0 19,277 0 0 31,352' 0 0 .. ; .. 142 15 3 83 8 0 318 11 5 14,547 3 9 904 15 10 559 1 0 889 3 8 102 2 3 389 0 11 884" 1 7 600 19 8 310 13 4 344 5 7 76 8 9 : 470 8 8 899 0 0 10,707 3 7 2,044 15 10 711 18 4 ! 1,507 9 2 390 4 6 183 10 7 215,792 0 0 97,296 0 0 117 19 1 115 16 0 29 0 0 131 6 0 , 331 3 11 i 361 0 0 362 8 8 10,000 0 0 819 16 5 : 1,071 12 7 1,068 15 2 286 10 1 153 9 11 60 18 11 16,138 5 4 34,692 0 0 15,734 8 3 413 11 3 189 7 10 18* 9 1 129 12 7 113 7 0 355 7 6 13,606 4 9 790 18 0 161 8 4 572 8 5 290 14 0 10,000 0 0" 11,000 0 0 18 13 5 85 9 0 124 12 10 59 17 5 267 0 11 310 8 2 632 9 10 581 17 1 .. • 9,902 5 6 .. 8,050 1 1 I 8,215 18 0 4,558 0 0 283 0 0 6,298 0 0 8,066 0 0 4,853 0 0 2,695 17 10 5,415,000 0 0 3,948,625 0 0 .. 596,709 15 1 916,436 0 0 3,415,111 0 0 1 19,638 0 0 15,320 0 0 15,324 0 0 7,600 0 0 7,777 0 0 ! 3,679 0 0 200 0 0 I

8.—6

70

Table No. 6. STATEMENT showing the Total Ways and Means of the Public Works Fund and the Total Net Expenditure to the 31st March, 1919.

WAYS AND MEANS. Loans :— Immigration and Public Works Loan, 1870 Immigration and Public Works Loan, 1873 .. Immigration and Public Works Loan, 1874 General Purposes Loan Act, 1873 New Zealand Loan Act, 1876 New Zealand Loan Aot, 1877 New Zealand Loan. Act, 1879 New Zealand Loan Aot, 1882 New Zealand Colonial Inscribed Stook Loan Act, 1882 North Island Main Trunk Railway Loan Act, 1882 New Zealand Loan Aot, 1884 .. New Zealand Loan Act, 1886 District Railways Purchasing Acts, 1885 and 1886 New Zealand Loan Act, 1888 Native Land Purchase Act, 1892 Lands Improvement and Native Lands Acquisition Act, 1894 Aid to Public Works and Land Settlement Act, 1896 Aid to Public Works and Land Settlement Amendment Act, 1897 .. Aid to Public Works and Land Settlement Amendment Act, 1898.. Aid to Public Works and Land Settlement Act, 1899 Aid to Publio Works and Land Settlement Act, 1900 Aid to Publio Works and Land Settlement Act, 1901 Aid to Public Works and Land Settlement Aot, 1902 Aid to Public Works and Land Settlement Act, 1903 Aid to Public Works and Land Settlement Aot, 1904 Aid to Public Works and Land Settlement Act, 1905 Aid to Publio Works and Land Settlement Aot, 1906 Aid to Public Works and Land Settlement Aot, 1907 Aid to Public Works and Land Settlement Act, 1908 Aid to Public Works and Land Settlement Act, 1909 Aid to Public Works and Land Settlement Aot, 1910 Aid to Public Works and Land Settlement Act, 1911 Aid to Public Works and Land Settlement Act, 1912 Aid to Public Works and Land Settlement Act, 1913 Aid to Public Works and Land Settlement Act, 1914 Finance Act, 1909 Finance Act, 1915, and New Zealand Loans Aot, 1915 Finance Act, 1916 Finance Act, 1917 Finance Act, 1918 (No. 2) Post and Telegraph Act, 1908 .. Midland Railway Petitions Settlement Acts, 1902 and 1903 Paeroa-Waihi Railway Aot, 1903 Waikaka Branch Railway Aot, 1905 Wellington and Manawatu Railway Purchase Act, 1908 Appropriation Act, 1912 .. .. .. ,. Irrigation and Water-supply Act, 1913 £ s. d. 4,000,000 0 0 2,000,000 0 0 4,000,000 0 0 750,000 0 0 750,000 0 0 2,200,000 0 0 5,000,000 0 0 3,000,000 0 0 250,000 0 0 1,000,000 0 0 1,500,000 0 0 1,325,000 0 0 479,487 7 11 1,000,000 0 0 149,700 0 0 500,000 0 0 1,000,000 0 0 250,000 0 0 500,000 0. 0 1,000,000 0 0 1,011,600 0 0 1,250,000 0 0 1,750,000 0 0 997,690 0 0 750,000 0 0 1,000,000 0 0 989,700 0 0 1,000,000 0 0 1,250,000 0 0 1,000,000 0 0 1,750,000 0 0 1,500,000 0 0 1,748,900 0 0 1,750,000 0 0 3,000,000 0 0 1,250,000 0 0 2,000,000 0 0 1,000,000 0 0 850,000 0 0 360,000 0 0 200,000 0 0 150,000 0 0 75,000 0 0 50,000 0 0 1,000,000 0 0 15,000 0 0 100,000 0 0 £ 8. d. 58,452,077 7 11 Receipts in Aid :— Amount transferred from Consolidated Fund Contributions of Canterbury Provinoe for Railways Proceeds of Railway Material handed over to Cook County Council Stamp Duties to 31st December, 1876 .. ... : . Transfer from Confiscated Lands Liabilities Account Reoeipts under Section 16 of the Reserves and othor Lands Disposal and Public Bodies Empowering Act, 1912 Special Receipts under Section 9 of the Railways Construction Act, 1878 Speoial Reoeipts under the Ellesmere Lake Lands ActB, 1888 and 1893 .. .. .. .. Special Reoeipts under the Railways Authorization and Management Act, 1891 Speoial Receipts under tho North Island Main Trunk Railway Loan Application Act, 1886 Sinking Funds released 10,305,000 0 0 56,000 0 0 4,963 7 i 264,657 16 4 19,963 1 3 21,890 4 5 60,616 3 0 53,600 8 10 2,257 1 9 114,550 19 6 506,819 19 3 11,410,319 1 8 £69,862,396 9 7 NET EXPENDITURE. Expenditure on— Immigration Public Works, Departmental Railways, inoluding Surveys of New Lines Roads Land-purohases Development of Mining Telegraph Extension Public Buildings Lighthouses, Harbour Works and Defences Contingent Defence Rates on Native Lands Thermal Springs Tourist and Health Resorts Lands Improvement .. • Plant, Material, and Stores Charges and Expenses of raising Loans Coal-mines Interest and Sinking Fund Paymont to Midland Railway Bondholders Irrigation and Water-supply Electric Supply.. £ s. d. 2,330,109 11 9 1,431,253 18 10 .. 35,594,661 15 0 11,621,216 7 4 2,061,905 9 4 889,014 15 10 3,823,598 16 9 7,330,748 3 6 1,148,443 2 6 1,051,578 13 5 68,671 16 10 14,599 13 2 261,060 5 8 135,340 14 8 111,612 16 10 1,253,073 4 5 10,835 8 0 218,500 0 0 .. ! 150,000 0 0 .. i 160,719 11 2 9,253 13 0 £ s. d. : 69,676,197 18 0 Balanoe on 31st March, 1919,— Cash in the Public Acoount Imprests outstanding 157,359 17 6 28,838 14 1 186,198 11 7 £69,862,390 9 7

71

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Table No. 7. Estimated Expenditure of the Consolidated Fund (Revenue Account) for 1919-20, compared with Actual Expenditure of 1918-19.

Table No. 8. Estimated Revenue of the Consolidated Fund (Revenue Account) for 1919-20, compared with the Actual Revenue of 1918-19.

Estimate for 1919-20. Actual for 1918-19. Differences. Increase. Decrease. Revenue Account. Permanent Appropriations,— Civil List Interest and Sinking Fund Under special Acts £ 30,100 7,210,850 4,033,933 £ 28,669 6,086,769 3,103,412 £ £ 1,431 ! 1,124,081 930,521 : ill, 274,883 9,218,850 2,056,033 Annual Appropriations,— Legislative Departments Departments of Finanoe .. .. Post and Telegraph Department Working Railways Department Public Buildings, Domains, and Maintenance of Roads .. Native Department Justice Department Mines Department .. .. .. . . v - Department of Internal Affairs.. Mental Hospitals, Publio Health, Hospitals, and Charitable Aid Departments Tourists Department Defence Department Customs, Marine, and Inspection of Machinery Departments Department of Labour Department of Lands and Survey Valuation and Electoral Departments Department of Agriculture, Industries, and Commerce Education Department 43,010 250,876 i 2,003,809 i 3,575,000 161,100 24,128 565,182 39,800 294,597 507,372 36,729 J 167,237 1,699,701 3,415,595 121,384 25,694 j 549,794 i 40,633 271,218 318,808 6,281 83,639 304,108 159,405 39,716 15,388 23]379 188,564 i',566 "838 55,371 500,000 205,768 53,656 ! 416,427 186,561 1,715 83,573 19,207 35,812 231,405 ! 187,801 470,617 2,014,526 32,954 209,403 53,070 240,465 1,602,995 9,442,329 2,858 22,002 134,731 230,152 411,531 Services not provided for 11,166,174 1,726,249 2,404 12,420 12,420 3,782,282 14,824 14,824 Total 22,441,057 18,673,599 3,767,458

Estimate for 1919-20. Actual for 1918-19. Ditto •ences. Increase. Decrease. Revenue Account. £ 4,400,000 5,000,000 2,460,000 1,910,000 1,460,000 5,900,000 270,000 40,000 110,000 58,925 962,600 194,300 108,340 45,000 £ Ordinary Revenue, — Customs Railways Stamp and Death Duties Postal and Telegraph Land-tax Income-tax.. Beer Duty Amusement-tax Registration and other Fees .. Marine Miscellaneous Territorial Revenue Endowment Revenue Other Reoeipts £ 3,830,681 4,975,445 2,084,482 1,964,811 1,512,693 6,219,336 273,334 40,291 111,993 35,151 946,669 202,734 108,824 45,928 £ 569,319 24,555 375,518 54,811 52,693 319,336 3,334 291 1,993 23i774 15,931 8,434 484 928 1,009,097 442,304 442,304 Total 22,919,165 22,352,372 566,793

8.—6

72

Table No. 9. Statement showing the Amount charged to "Unauthorized" in each Financial Year from 1st July, 1875, to 31st March, 1919.

Consolidate 5D Fund.— Bevenue Account. Financial Yhab. Services not provided for. Othek i Public Wobks m„-. T Accounts. Fund. ioial. Excess of Votes. Total. 1875-76 .. 187U-77 .. 1877-78 .. 1878-79 .. 1879-80 .. 1880-81 .. 1881-82 .. 1882-83 .. 1883-84 .. 1884-85 .. 1885-86 .. 1886-87 .. 1887-88 .. 1888-89 .. 1889-90 .. 1890-91 .. 1891-92 .. 1892-93 .. 1893-94 .. 1894-95 .. 1895-96 .. 1896-97 .. 1897-98 .. 1898-99 .. 1899-1900.. 1900-1901 .. 1901-1902.. 1902-1903 .. 1903-1904 .. 1904-1905.. 1905-1906.. 1906-1907 .. 1907-1908.. 1908-1909.. 1909-1910.. 1910-1911 .. 1911-1912.. 1912-1913.. 1913-1914 .. 1914-1915 .. 1915-1916 .. 1916-1917.. 1917-1918.. 1918-1919.. £ s. d. .. 13,167 4 8 .. 18,397 17 1 .. 19,079 12 6 .. 11,413 16 1 5,818 9 9 6,151 13 9 3,899 16 3 4,473 15 8 7,293 9 9 5,981 17 8 9,337 11 2 .. 14,337 19 7 7,303 17 10 3,521 18 2 4,412 5 3 .. 10,610 1 0 2,288 3 2 ... 1,741 7 10 2,350 7 0 8,985 3 7 .. 22,422 16 10 3,188 17 7 2,258 19 7 3,305 15 11 .. 11,187 13 8 .. 26,367 18 6 3,836 7 0 9,027 5 4 3,344 11 0 6,215 4 8 8,576 16 7 4,989 9 1 4,133 3 3 .. 14,127 8 1 .. 15,324 5 7 .. I 10,427 9 4 .. ! 20,332 3 1 .. j 2,506 15 0 .. I 4,730 15 8 .. 109,512 12 4 .. , 30,865 10 2 .. I 41,600 17 4 .. 17,909 4 7 .. j 13,519 17 3 £ s. d. £ s. d. £ s. d. ; £ s. d. £ s. d. 19,195 17 1 32,363 1 9 ; 3,155 9 2 I 63,875 11 8 99,394 2 7 13,398 7 0 31,796 4 1 3,490 6 1 2,197 4 5 37,483 14 7 58,709 17. 2 77,789 9 8 658 6 5 22,009 14 0 100,452 10 1 47,466 4 5 58,880 0 6 3,938 14 8 ; 32,179 1 1 94,997 16 3 18,466 2 1 24,284 11 10 1,005 3 10 : 17,090 9 9 42,386 5 5 37,825 6 6 43,977 0 3 13,443 11 3 34,133 17 3 91,554 8 9 38,474 18 9 142,374 15 0 j 13,590 6 10; 2,217 9 8 58,182 11 6 64,631 0 2 ' 69,104 15 10 ! 12,343 2 2 ' 8,137 17 11 89,585 15 11 45,284 2 6 I 52,577 12 3 9,003 18 7 31,741 17 10 93,323 8 8 39,039 17 11 : 45,021 15 7 7,163 15 3 872 0 11 53,057 11 9 47,106 10 3 56,444 1 5 13,965 10 1 6,465 17 5 76,875 8 11 38,117 13 5 52,455 IS 0 0,212 16 7 I 28,633 10 8 87,302 0 3 42,104 15 10 49,408 13 8 27,821 16 11 I 30,407 2 8 107,637 12 10 35,157 16 5 38,679 14 7 13,506 2 8 18,633 2 10 70,819 0 1 43,257 1 0 47,669 6 3 23,631 7 1 12,287 18 10 83,588 12 2 76,778 5 11 ! 87,388 6 11 5,459 18 11 : 7,097 19 9 99,946 5 7 21,026 16 4 23,314 19 6 9,183 10 6 7,594 1 2 40,092 11 2 28,283 15 11 30,025 3 9 [ 4,754 17 10 > 11,149 14 2 45,929 15 9 7,376 7 4 i 9,726 14 _ 522 12 2 | 1,335 12 11 11,584 19 5 9,148 0 5 18,133 4 0 1,890 7 5! 330 8 1 20,353 19 6 16,229 5 9 38,652 2 7 16,995 9 9 33,245 2 4 88,892 14 8 24,195 2 9 27,384 0 4 24,726 3 6 i 7,051 0 8 59,161 4 6 39,314 13 4 41,573 12 11 4,743 17 10 i 53,648 14 0 99,966 4 9 36,468 0 10 , 39,773 16 9 ; 2,304 8 10 ' 8,222 10 6 50,300 16 1 60,652 13 7 71,840 7 3 .. i 7,990 18 7 79,831 5 10 62,788 3 2 89,156 18 662 7 7 17,518 3 7 107,336 12 10 68,866 10 9 | 72,702 17 9 253 8 10 , 6,955 4 10 79,911 11 5 101,076 10 4 1110,103 15 8 j 200 0 0 12,837 3 6 123,140 19 2 47,775 11 4 ' 51,120 2 4 2,248 6 6 j 9,584 9 11 62,952 18 9 22,109 12 2 i 28,324 16 10 ; 13,547 11 7 , 31,862 8 3 73,734 16 8 52,385 3 7 ' 60,962 0 2 ; 23,956 9 10 j 19,965 16 2 104,884 6 2 28,559 6 2 33,548 15 3 12,867 10 8 55,556 14 10 101,973 0 9 37,713 8 11 , 41,846 12 2 429 9 0 80,170 3 3 122,446 4 5 50,890 5 1 65,017 13 2 15,257 11 1 ! 16,641 15 7 96,916 19 10 23,100 14 0 38,424 19 7 3,500 7 0 11,638 18 8 53,564 5 3 27,200 14 6 37,628 3 10 1,009 9 7 12,833 7 5 51,471 0 10 62,950 14 7 83,282 17 8 860 5 4 4,982 8 7 89,125 11 7 115,428 2 5 117,934 17 5 63 15 0 73,404 8 3 191,403 0 8 80,228 10 11 84,959 6 7 137 5 8 16,671 3 3 101,767 15 6 68,004 2 1 177,516 14 5 853 3 5 8,189 3 10 186,559 1 8 47,222 .13 9 78,088 3 11 14,742 5 9 ; 2,363 3 9 95,193 13 5 106,454 9 0 148,055 6 4 34,852 5 5 i 6,636 4 1 189,543 15 10 48,886 8 7 66,795 13 2 26,010 17 11 7,693 0 5 100,499 11 6 66,701 19 8 80,221 16 11 .. .. 80,221 16 II I I

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Table No. 10. Statement showing the financial position of the Dominion on the 31st March, 1919, as compared with the 31st March, 1918: — [Note. —The term "liabilities" in these tables includes expenditure on public works for which contracts had been signed or material ordered on the 31st March, 1919. | CONSOLIDATED FUND. £ Balance on 31st March, 1918 .. .. .. .. 11,560,788 Liabilities on 31st March, 1918 .. .. .. .. 321,766 Balance on 31st March, 1919 .. .. .. .. 15,239,561 Liabilities on 31st March, 1919 .. .. .. .. 449,907 STATE FORESTS ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. 1,175 Unexhausted authority for raising loan .. . . .. 21,900 23,075 Liabilities on 31st March, 1918 .. .. .. 125 Balance on 31st March, 1919 .. .. .. 2,399 Unexhausted authority for raising loan. . . . . . 195,000 .— 197,399 Liabilities on 31st March, 1919 ..- .. .. .. 60 STATE COAL-MINES ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 113,218 Unexhausted authority for raising loan .. . . 25,000 138,218 Liabilities on 31st March, 1918 .. .. .. .. 10,000 Balance on 31st March, 1919 .. .. .. .. 120,356 Unexhausted authority for raising loan .. .. 25,000 145,356 Liabilities on 31st March, 1919 .. .. .. . . 11,000 SCENERY PRESERVATION ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 3,190 Unexhausted authority for raising loan .. .. 11,000 14,190 Liabilities on 31st March, 1918 .. .. .. .. Nil. Balance on 31st March, 1919 .. .. .. .. 433 Unexhausted authority for raising loan .. .. 11,000 11,433 Liabilities on 31st March, 1919 .. .. . '. .. Nil. PUBLIC WORKS FUND. £ £ Balance on 31st March, 1918 .. .. .. .. 295,540 Unexhausted authority for raising loan .. .. 625,000 920,540 Liabilities on 31st March, 1918 .. .. .. .. 424,834 Balance on 31st March, 1919 .. .. .. .. 186,199 Unexhausted authority for raising loan . . .. .. 2,140,000 2,326,199 Liabilities on 31st March, 1919 .. .. • .. .. 519,256 RAILWAYS IMPROVEMENTS AUTHORIZATION ACT 1914 ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 13,163 Unexhausted authority for raising loan.. .. .. 2,517,000 2,530,163 Liabilities on 31st March, 1918 .. .. .. • • -34,692 Balance on 31st March, 1919 .. . . . . . . 3,788 Unexhausted authority for raising loan. . .. . . 2,647.,000 2,650,788 Liabilities on 31st March, 1919 .. .. .. 15,734

10— B. 6.

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74

Table No. 10 — continued. WAIHOU AND OHINEMURI RIVERS IMPROVEMENT ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 41,285 Unexhausted authority for raising loan.. .. .. 50,000 91,285 Liabilities on 31st March, 1918 .. .. .. .. 8,066 Balance on 31st March, 1919 .. .. .. .. 12,814 Unexhausted authority for raising loan .. .. .. 50,000 62,814 Liabilities on 31st March, 1919 •.. .. .. .. 4,853 ELECTRIC SUPPLY ACCOUNT. (Formerly Aid to Water-power Works Account.) £ £ Balance on 31st March, 1918 . . .. .. .. 36,482 Unexhausted authority for raising loan .. .. 76,000 112,482 Liabilities on 31st March, 1918 .. .. .. .. 18,603 Balance on 31st March, 1919 .. .. .. .. 36,688 Unexhausted authority for raising loan • .. .. 51,000 87,688 Liabilities on 31st March, 1919 .. .. .. .. 16,673 CHEVIOT ESTATE ACCOUNT. £ Balance on 31st March, 1918 .. . . . . .. . . 119,842 Balance on 31st March, 1919 .. .. . . . . .. 132,343 NATIONAL ENDOWMENT ACCOUNT. £ Balance on 31st March, 1918 .. .. .. .. .. 108,824 Liabilities on 31st March, 1918 .. .. .. .. Nil. Balance on 31st March, 1919 .. .. .. .. .. 112,840 Liabilities on 31st March, 1919 .. .. . . . . Nil. LAND FOR SETTLEMENTS ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 81,224 Authority for raising loan .. .. .. . . 900,000 — 981,224 Liabilities on 31st March, 1918 .. .. .. .. 311 Balance on 31st March, 1919 .. .. .. .. 200,262 Unexhausted authority for raising loan .. .. .. 1,000,000 1,200,262 Liabilities on 31st March, 1919 .. .. .. .. 165 NATIVE LAND SETTLEMENT ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 43,027 Authority for raising loan .. .. . . . . 275,000 318,027 Liabilities on 31st March, 1918 .. . . .. .. 17 Balance on 31st March, 1919 .. .. . . .. 88,578 Unexhausted authority for raising loan.. .. .. 500,000 588,578 Liabilities on 31st March, 1919 .. . . . . .. 12 151

75

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Table No. 10 — continued. LAND FOR SETTLEMENTS ACCOUNT. (Opening up Crown Lands for Settlement.) S £ Balance on 31st March, 1918 .. .. .. .. 3,598 Authority for raising loan .. .. .. .. 60,000 63,598 Liabilities on 31st March, 1918 .. .. .. .. Nil. Balance on 31st March, 1919 .. .. .. .. ■ 10,848 Unexhausted authority for raising loan .. .. .. 250,000 260,848 Liabilities on 31st March, 1919 .. .. .. .. 14,594 HAURAKI PLAINS SETTLEMENT ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 1,365 Unexhausted authority for raising loan .. .. .. 19,000 — 20,365 Liabilities on 31st March, 1918 .. .. .. . . 130 Balance on 31st March, 1919 . . .. .. .. 10,589 Unexhausted authority for raising loan. . .. .. 74,000 —— 84.589 Liabilities on 31st March, 1919 .. .. .. .. 371 RANGITAIKI LAND DRAINAGE ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 4,270 Unexhausted authority for raising loan .. . . . . 20,000 24,270 Liabilities on 31st March, 1918 .. .. .. .. 414 Balance on 31st March, 1919 .. .. .. .. 4,379 Unexhausted authority for raising loan .. . . .. 45,000 49,379 Liabilities on 31st March, 1919 .. .. .. .. 189 WORKERS' DWELLINGS ACCOUNT. £ Balance on 31st March, 1918 . . .. . . .. . . 64,533 Balance on 31st March, 1919 . . . . . . .. . . 84,918 STATE ADVANCES ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 317,326 Unexhausted authority for raising loan . . . . . . 3250,000 Loan-money to receive .. .. .. .. 1,162,000 4,729,326 Liabilities and commitments on 31st March, 1918 .. .. 572 Balance on 31st March, 1919 . . .. .. .. 290,530 Loan-money to receive .. . . .. .. 1,162,000 Unexhausted authority for raising loan .. .. . . 3,250,000 4,702,530 Liabilities and commitments on 31st March, 1919 .. .. 291 WAR EXPENSES ACCOUNT. £ £ Balance on 31st March, 1918 . . . . . . .. 7,149,402 Unexhausted authority for raising loan .. .. .. 9,990,700 17,140,102 Liabilities on 31st March, 1918 . . , . . . . . 5,415,000 Balance on 31st March, 1919 . . . . .. . . 7,979,826 Unexhausted authority for raising loan .. . . . . 18,184,600 26,164,426 Liabilities on 31st March, 1919 ... .. .. .. 3,948,625 WAIMARINO BUSH-FIRE RELIEF ACCOUNT. * Balance on 31st March, 1919 .. .. . ." .. .. 23,050 Liabilities on 31st March, 1919 .. .. .. 2,696

13.—6

Table No. 10— continued. MINING ADVANCES ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 5,799 Unexhausted authority for raising loan .. .. .. 20,000 25,799 Balance on 31st March, 1919 .. .. .. .. 5,275 Unexhausted authority for raising loan.. .. .. 20,000 25,275 Liabilities on 31st March, 1919 .. .. .. .. Nil. KAURI-GUM INDUSTRY ACCOUNT. £ £ Balanoe on 31st March, 1918 .. .. .. .. 20,931 Unexhausted authority for raising loan .. .. .. 3,000 23,931 Liabilities on 31st March, 1918 .. .. .. .. 2,525 Balance on 31st March, 1919 .. .. .. .. 3,388 Unexhausted authority for raising loan .. .. .. 28,000 31,388 Liabilities on 31st March, 1919 .. .. .. .. 1,808 FRUIT-PRESERVING INDUSTRY ADVANCES ACCOUNT £ £ Balance on 31st March, 1918 .. .. .. .. 6,258 Authority for raising loan .. .. .. .. 13,200 19,458 Liabilities on 31st March, 1918 .. .. .. .. Nil. Balance on 31st March, 1919 . . . . .. .. 4,083 Unexhausted authority for raising loan .. .. .. 40,000 44,083 Liabilities on 31st March, 1919 .. .. .. .. Nil DISCHARGED SOLDIERS SETTLEMENT ACCOUNT. £ £ Balance on 31st March, 1918 .. .. .. .. 31,434 Unexhausted authority for raising loan.. .. . . 340,000 371,434 Liabilities on 31st March, 1918 ~ .. .. .. Nil. Balance on 31st March, 1919 .. .. .. .. 219,767 Unexhaused authority for raising loan .. .. .. 600,000 U 'j 819,767 Liabilities on 31st March, 1919 .. .. .. . . Nil. DISCHARGED SOLDIERS EMPLOYMENT ACCOUNT. £ Unexhausted authority for raising loan .. .. .. 1,000,000 Liabilities on 31st March, 1919 .. .. . . .. Nil. SWAMP LAND DRAINAGE ACCOUNT. £ ' £ Balance on 31st March, 1918 .. . . . . .. 5,388 Unexhausted authority for raising loan . . .. 60,000 65,388 Liabilities on 31st March, 1918 .. .. .. .. 267 Balance on 31st March, 1919 .. .. .. .. 6,264 Authority for raising loan .. .. .. .. 150,000 156,264 Liabilities on 31st March, 1919 .. .. .. .. 310 COLD-STORAGE ADVANCES ACCOUNT. £ £ Balance on 31st March, 1918 . . .. . . . . 2,500 Unexhausted authority for raising loan . . .. 96,750 — 99 250 Balance on 31st March, 1919 . . .. .. .. Nil. Unexhausted authority for raising loan .. .. 166,750 , 166,750

By Authority: Marcus F. Marks, Government Printer, Wellington. 1919.

76