B—6a

Session 11. 1912. NEW Z E ALAN D.

DOMINION'S FINANCES (MEMORANDUM SHOWING STATE OF) AS AT 30th JUNE, 1912.

Laid on the Table of the House, by leave, by the Minister of Finance (Hon. Mr. Myers).

I desike to put before honourable members a very brief statement of the financial position of the Dominion. It gives me much pleasure to state that the condition of the country's finances is very sound. The revenue for the year ending the 31st March last was the record one of £11,032,544. The details, together with those of the previous year, are, —

Compared with 1909-10. £ Revenue, 1909-10 . . . . . . ... 9,238,261 Revenue, 1911-12 . . . . : . . . 11,032,544 Increase . . ' . . . . . . £1,794,283 EXPENDITURE. It was estimated that the expenditure for the year— Would be .... .... .... .... 10,604,677 It was .... .... .... .... .... 10,340,368 leaving a saving on appropriations of £264,309.

1911-12. I 1910-11. Increase. Decrease. 'onsolidated Fund, — Ordinary Revenue — Customs Stamps (Stamp Department) Stamps (Postal Department) Post and Telegraph Cash Receipts. . Land-tax Income-tax Beer Duty Railways Registration and other Fees Marine Miscellaneous Territorial Revenue Endowment Revenue £ 3,279,012 943,188 857,119 232,689 647,016 448,935 119,131 3,665,613 108,495 48,322 371,868 248,791 62.365 £ 3,027,829 819,839 816,306 211.261 628.723 407,235 118,100: 3,483,755 100,026 I 45,933 327,123 255,032 55,86] j £ 251,183 123.349 40.813 21,428 18,293 41,700 1.031 181,858 8,469 2,389 44,745 6,504 £ 6,241 741,762 6,241 6,241 Totals 11,032,544 10,297,023 ! 735,521