CONTENTS.

Page. INTRODUCTION .. .. .. .. .. .. .. .. i CONSOLIDATED FUND, 1905-6 :— Ordinary Revenue Account .. .. .. .. .. .. .. i Balance .. .. .. .. .. .. .. .. .. ii THE PUBLIC WORKS FUND .. .. .. .. .. .. .. ii THE LAND FOR SETTLEMENTS ACCOUNT .. .. .. .. .. .. iii THE CONVERSION ACCOUNT .. .. .. .. .. .. .. iii THE NEW ZEALAND CONSOLS ACCOUNT .. .. .. .. .. .. iii THE LOANS TO LOCAL BODIES ACCOUNT .. .. .. .. .. .. iii THE PUBLIC DEBT .. .. .. .. .. .. .. .. iv RECENT LOAN TRANSACTIONS .. .. .. .. .. .. .. v DEFENCE .. .. .. .. .. .. .. .. .. vi PROSECUTION OF NEW RAILWAYS .. .. .. .. .. .. .. vi CHRISTCHURCH TO HANMER SPRINGS .. .. .. .. .. .. vii ROADING IN BACKBLOOKS .. .. .. .. .. .. .. .. vii RAILWAY CONSTRUCTION .. .. .. .. .. .. .. .. vii OVERSEA TRADE .. .. .. .. .. .. .. • .. .. vili SCIENTIFIC AGRICULTURAL METHODS .. .. .. .. .. .. viii WORKERS AND THE LABOUR LAWS .. .. .. .. .. .. viii NATIONAL PENSIONS .. .. .. .. .. .. .. .. ix POSTAL REFORMS .. .. .. .. .. .. .. ix TELEGRAPH REDUCTIONS .. .. .. .. .. .. .. .. x Wireless telegraphy .. .. .. .. .. .. .. .. x TELEPHONES TO OUTLYING DISTRICTS .. .. .. .. .. .. x CLASSIFICATION AND SUPERANNUATION .. .. .. .. .. .. xi AUDIT .. .. .. .. .. .. .. .. .. .. xi PROPOSAL TO ESTABLISH SINKING FUNDS .. .. .. .. .. .. xi TREASURY BILLS TO BE PAID OFF .. .. .. .. .. .. xi MINING .. .. .. .. .. .. .. .. .. .. xii ENDOWMENTS FOR EDUCATION, OLD-AGE PENSIONS, AND HOSPITALS AND CHARITABLE INSTITUTIONS .. .. .. .. .. .. .. ..xii REFORM OF THE LAND LAWS .. .. .. .. .. .. .. xii NATIVE LANDS .. .. .. .. .. .. .. .. .. xiii RECIPROCITY WITH THE COMMONWEALTH .. .. .. .. .. .. xiv PUBLIC AND PRIVATE WEALTH .. .. .. .. .. .. .. xiv MONEYS REQUIRED FOR ADVANCES TO SETTLERS .. .. .. .. .. xv PROVISION IN THE CONSOLIDATED FUND FOR MAINTENANCE OF ROADS, &c. .. .. xv FINANCIAL YEAR 1906-7 :— Expenditure .. .. .. .. .. .. .. .. xv Revenue .. .. .. .. .. .. .. .. .. xvi Estimated Results at the Close of the Current Year, 1906-7 .. .. .. xvi FURTHER LOAN FOR PUBLIC WORKS PURPOSES .. .. .. .. .. xvi CONCLUSION .. .. .. .. .. .. .. .. .. xvii