8.—2,

10

SCHEDULE C. PUBLIC DEBT. Allocation according to the Services for which Capital originally raised. Productive Works — £ £ Railways .. .. .. .. .. .. .. 47,867,634 Telegraphs and Telephones .. .. .. .. .. 7,282,810 Hydro-electric power .. .. .. .. .. .. 4,809,248 Lighthouses and harbour-works .. .. .. .. .. 1,083,832 Westport Harbour .. .. .. .. .. .. 700,100 State Coal-mines .. .. .. .. .. .. 227,601 Tourist resorts.. .. .. .. .. .. .. 365,765 Swamp drainage .. . . .. . . . . .. 456,000 Rangitaiki land drainage .. .. .. .. .. 510,000 — 63,302,990 Land Settlement and Forests —• Cheviot Estate .. .. .. .. .. .. 211,318 Land for settlements .. .. .. .. .. .. 8,745,085 Discharged soldiers settlement .. .. .. .. .. 9,757,936 Hauraki Plains settlement .. .. .. .. .. 700,000 Purchase of Native lands .. . . . . . . . . 1,902,297 Native-land settlement .. .. .. .. .. .. 3,896,782 State forests .. .. .. .. . . .. .. 601,172 25,814,590 Investments —■ Advances to settlers .. .. .. .. .. .. 18,021,786 Advances to workers .. .. .. .. .. .. 6,978,082 Advances to local authorities .. .. .. .. .. 2,790,293 Loans to local bodies .. .. .. .. .. .. 3,550 ,793 Samoan loan .. .. .. .. .. .. .. 110,000 Bank of New Zealand shares .. .. .. .. .. 875,000 Mining advances .. .. .. .. .. .. 55,550 Fruit-preserving industry advances .. .. .. .. 65,110 Cold-storage advances .. .. .. .. .. .. 75,250 General purposes relief advances .. .. .. .. .. 75,000 Fishing industry promotion advances .. .. .. .. 5,215 Kauri-gum industry .. .. .. .. . . . . 75,000 Housing and loans for workers'dwellings .. .. .. .. 399,625 Nauru and Ocean Islands .. .. . . . . . . 539,850 33,616,554 Indirect Productive Purposes— Highways, roads, and bridges .. .. .. .. .. 14,933.854 Old provincial liabilities (mostly roads and bridges) .. .. 878,739 Irrigation land and river improvement .. .. .. .. 1,385,028 Development of mining.. .. .. .. .. .. 802,807 Immigration .. .. .. .. .. .. .. 2,633,918 — 20,634,346 Financially Unproductive Purposes —■ Public buildings, including schools .. .. .. .. 11,029,924 Defence and Maori Wars .. .. .. .. .. 4,607,844 Naval defence .. .. .. .. .. .. .. 1,552,624 Great European War .. .. .. .. .. .. 75,333,648 Revenue deficiencies .. .. . . .. .. 2,952,908 Loans-redemption expenses .. .. .. .. .. 10.050 —- 95,486,998 Public debt outstanding at 31st March, 1926 .. .. £238,855,478

Approximate Cost of Paper.—Preparation, not given ; printing (580 copies), £17.

Authority : W. A. G. Skinner, Government Printer, Wellington.—l 926.

Trice 6d.'\