8.—6.

STATEMENT of the RECEIPTS and EXPENDITURE of the MAORI LAND SETTLEMENT ACT ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

3—B. 6.

17

19O6-19O7. EXPENDITURE. 19O7-19O8. £ s. d. 1,604 7 5 Vote 128—Maori Land Settlement Expenses £ s. d. ■ £ s. d. 2,574 9 0 • 139,67113 2 94,731 1 7 Acquirement of Land 9,286 3 9 Unauthorised Charges and Expenses on issue of Debentures under authority of "The New Zealand Loans Act, 1904".. 767 10 0 Balance at end of Year, — Cash in the Public! Account Advances in the hands of officers of the Government — In the Dominion 4,299 5 3 95,687 7 0 886 17 7 28 17 2 96,574 4 7 4,328 2 5 Totals £202,963 7 4 £146,574 4 7

£ s. d. £ s. d. £ a. d. 68,000 0 0 100,000 0 0 Debentures redeemed, — Consolidated Loan Act, 1867, 5 per cent, (annual drawing) Immigration and Public Works Loan Act, 1870; matured 1st June, 1907 Aid to Public Works and Land Settlement Act, 1900; matured 1st February, 1908 Land for Settlements Consolidation Act, 1900— Matured 1st June, 1907 Matured 30th June, 1907 Matured 1st September, 1907 Matured 1st February, 1908 Aid to Public Works and Land Settlement Act, 1900; matured 1st April, 1906 .. Aid to Public Works and Land Settlement Act, 1902 ; matured 1st December, 1906 4,300 0 0 3,500 0 0 20,000 0 0 25,000 0 0 50,000 0 0 25,000 0 0 138,300 0 0 69,700 0 0 79,100 0 0 266,100 0 0 316,800 0 0 127,445 0 0 166,570 0 0 55,620 0 0 Amount Rate Premium Debentures converted into 3£-per-cent. In- converted. scribed Stock,— £ £ £ s. Immigration and Public Works Loan Act, 1870 196,500 102J 4,912 10 I Aid to Public Works and Land Settlement Act, ( 30,000 103 900 0 1 1900 .. .. .. •• .. 1 1,500 101 15 0 f Aid to Publics Works and Land Settlement Act, I 18,600 101 186 0 J 1904 .. .. .. •• .. t 10 ° 103 3 ° Aid to Public Works and Land Settlement Act, 1905 .. .. .. •• •• 7,000 103 210 0 Land for Settlements Consolidation Act, 1900.. j ° Government Advances to Settlers Act, 1894 Aid to Public Works and Land Settlement Aot, 1903 Hutt Bailway and Road Improvement Acts, 1903 and 1905 .. cpsq 7nn fin Q7R in 14,635 0 0 140,000 0 0 70,246 0 0 25,750 0 0 £332,700 .. £7,976 10 £332,700 £7,976 10 600,266 0 0 340,676 10 0 340,676 10 0 50 0 0 8,692 19 1 5,737 1 3 381 14 7 Expenses Account, — Brokerage and Commission Discount Stamp Duty .. • • ■ ■ ■ ■ • • .... Rent and Office Expenses Interest Law Costs 2,062 10 0 3,512 10 0 3,945 10 11 376 12 10 2,073 3 1 8 8 0 14,861 U 11 11,978 14 10 266 8 8 Balance at end of Year, — In the hands of Stock AgentsCash .. In the hands of High Commissioner — 3J-per-oent. Stock for sale 188 9 11 102,000 0 0 50,000 0 0 102,266 8 8 Less cash overdrawn 50,188 9 11 30,074 4 8 20,114 5 3 97,179 13 7 5,086 15 1 Totals £937,014 10 0 £638,869 10 1