THE DOMINION DEBT.
NEARLY SEVENTY-ONE MILLIONS
(Per Press Association.'.
WELLINGTON, June 15. In tlie House of Representatives today, Sir Joseph Ward, in reply to a question by Mr. Herd man as to the amount of the public debt, stated that at the end of the financial year it stood at £70,938,534. At the end of the previous year it stood at £66,453,89/, or an increase during the last year of £4,484,637, The increase was made up as' follows: Aid to public works (1907) £191,800; aid to public works (1908) £1,200,000 ; Hutt railway and road improvements (1905-07) £69,300; Government Railways Act (1908) £145,100; ■Wellington and Manawatu Railway Act £1,000,000; Post and Telegraph (1908) £200,000; Land for Settlement Act, £211,495; Local Bodies Loans (1908), £250,000; Government Advances to Settlers (1908), £IO4B 800; ment Advances to Workers, £123,.>00, New Zealand Consols Act (1894). £124; increased by conversion, £36,928; for redemption, £7590. Total increase, £4,484,637. _ , . The statement was ordered to bo printed and laid upon tlie table.
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Gisborne Times, Volume XXVII, Issue 2529, 16 June 1909, Page 3
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163THE DOMINION DEBT. Gisborne Times, Volume XXVII, Issue 2529, 16 June 1909, Page 3
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