8.—6

CONTENTS. PAOK INTRODUCTION .. .. .. .... .. .. j REVENUE .. .. .. .. .. .. .. .. j COMPARED WITH 1908-9 ...... .. a EXPENDITURE .......... ;i COMPARISON OF EXPENDITURE 1909-10 AND 1910-11 .. .. .. iii ANALYSIS OF INCREASE IN EXPENDITURE. 1910-11, AS COMPARED WITH PREVIOUS YEAR iv RESULTS OF THE YEAR'S OPERATIONS .. .. .. .. iv TREASURY BILLS .......... v PUBLIC WORKS FUND .. .. v TRANSFERS FROM REVENUE .. .. .. .. .. .. . v OUR PUBLIC DEBT .. .. .. .. .. .. .. .. . ANALYSIS OF THE DEBT .. .. .. .. .. .. .. vii WEALTH AND ASSETS OF THE DOMINION AND ITS PEOPLE .. .. .. x ; PRICE OF NEW ZEALAND STOCK .. .. .. .. .. .. .. rii PUBLIC DEBT EXTINCTION ACT .. .. .. .. .. .. .. . xii THE FIVE-MILLION LOAN .. .. .. .. .. .. .. .. .. xiii RAILWAY-CONSTRUCTION .. .. .. .. .. .. .. .. .. XT ROADS .. .. .. .. .. .. .. .. .. .. .. n, IRRIGATION x^ MINING .. .. xvi AGRICULTURE .. .. .. .. .. .. .. .. .. .. WATER-POWER .. .. .. .. .. .. .. .. .. .. xvii NATIONAL PROVIDENT FUND .. . . . . Xviii PUBLIC SERVICE CLASSIFICATION . .. .. .. .. .. xix PUBLIC TRUST OFFICE AUDIT .. .. .. xix PUBLIC SERVICE SUPERANNUATION FUND .. .. .. .. .. .. .. xj x POST AND TELEGRAPH DEPARTMENT'S OPERATIONS .. .. .. .. xx LAND AND INCOME TAX .. .. .. .. .. .. xx INCOME-TAX .. . . .. .. .. .. .. xx LAND-TAX .. .. .. .. .. .. .. .. .. .. xxi LAND AND INCOME TAX .. .. .. .. .. .. .. xxi LAND SETTLEMENT FINANCE ACT . . .. .. .. . . . . . . xx i LAND FOR SETTLEMENTS ACT . . .. .. .. . . .. . xxi NATIVE-LAND SETTLEMENT .. .. .. .. .. .. xxi MAORI LAND BOARDS .. .. .. .. .. .. .. xxi NATIVE LAND PURCHASE BOARD .. .. .. .. . .. xxii FEES Xlii DEFENCE .. .. .. .. .. .. .. ~ .. .. ixii THE NEW ZEALAND DREADNOUGHT .. .. .. .. .. ~ xxiii VOLUNTEERS .. .. Ixiii STATE-GUARANTEED ADVANCES DEPARTMENT .. .. .. . . . . xxiil ADVANCES TO SETTLERS .. .. .. .. .. .. .. . xxiii ADVANCES TO WORKERS .. .. .. .. .. .. .. xxii j WORKERS' DWELLINGS ACT .. .. .. .. .. .. xxiij ADVANCES TO LOCAL AUTHORITIES .. .. .. .. .. xxlii OUR TAXATION NOT HEAVY .. „ .. .. .. .. .. xxlv INHERITANCE-TAX .. .. .*. .. .. .. xxvji COST OF LIVING .. .. xxvii REMISSIONS .. .. .. .. .. .. .. .. .. .. . xxvij INSURANCE AGAINST UNEMPLOYMENT .. .. .. .. xxviii ENLARGEMENT OF SCOPE OF OLD-AGE PENSIONS .. .. .. .. .. xxviii ASSISTANCE TO WIDOWS xxviii OIL AND IRON WORKS .. .. .. .. .. .. .. xxviii FINANCE FOR WORKERS .. xxix FARMERS' CO-OPERATIVE BANKS .. .. .. .. xxix FINANCIAL ASSISTANCE TO FARMERS .. .. .. .. .. .. .. xxix STATE NOTE-ISSUE .. .. .. .. .. .. .. .. .. IXX REDUCTIONS AND INCREASES .. .. .. .. .. .. .. xxx REMISSIONS OF TAXATION AND CONCESSIONS IN CHARGES .. .. .. .. xxxi LAND-SUBDIVISION AND TAXATION OF LARGE ESTATES .. .. .. .. xxxi TRADE OF THE DOMINION xxlii FUTURE BORROWING xxxii FINANCE FOR 1911 I J .. .. .. .. xxxiii EXPENDITURE xxxiii REVENUE .. .. .. .. .. .. .. .. .. .. xxxi ii LOAN FOB PUBLIC-WOBKS PURPOSES .. .. .. .. .. .. .. xxxiv SUMMARY.. .. .. .. .. .. .. .. .. .. .. xxxiv CONCLUSION .. .. .. .. .. .. .. .. .. .. .. xix jv