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settlers had acquired the freehold of .110,760 acres, at a price of £118,264, so that the total purchases under these Acts up to the 31st March, 1915, represented 204,307 acres made freehold by 1,122 settlers, at a cost of £292,676. Revenue. During the year the revenue received was in excess of last year's figures by £96,631. The amount collected in each land district was as follows : — £ Auckland .. .. .. .. .. 205,384 Hawke's Bay .. .. .. .. .. 176,673 Taranaki .. .. .. .. .. 64,808 Wellington .. .. .. .. ..170,128 Nelson .. .. .. .. .. 37,168 Marlborough .. .. .. .. .._ 51,482 Westland .. .. .. .. ..' 19,430 Canterbury .. .. • .. .. .. 237,025 Otago .. .. .. .. .. .. 135,218 Southland .. .. .. .. .. ft? 65 ,£ll Total .. .. .. .. ..£1,163,127 Analysing the revenue under the various Sources, the following figures are of interest :— £ Cash sales and purchase of freeholds .. .. .. .. 240,871 Deferred-payment instalments .. .. .. .. .. 36,924 Perpetual-lease rents .. .. .. .. .. .. 2,501 Occupation-with-right-of-purchase rents .. .. .. .. 110,604 Lease-in-perpetuity rents .. .. .. .. .. 228,022 Renowable-lease rents .. .. .. .. .. .. 135,759 Pastoral licenses in mining districts under special regulations : Rents .. 3,258 Small-grazing-run rents .. .. .. .. .. .. 86,600 . Mining districts land-occupation leases : Rents .. .. .. 1 ,347 Pastoral-run rents .. .. .. .. .. .. 78,487 Educational and other endowments .. .. .. .. 114,309 Other leases and licenses and miscellaneous receipts .. .. 124,445 Total .. .. .. .. .. £1,163,127

Expenditure. Summary of Expenditure approved during the Year ended 31st March, 1915.

Vote No. Name of Vote or Account. Amount Expenditure voted (Net). (Gross). Recoveries. Expenditure (Net). (iH 09 II 13 II Consolidated Fund. Lands and Survey Lands and Survey, Miscellaneous State Forests Account Scenery-preservation Account Land for Settlements Expenses .. 168 52 31 11 12 £ 168,046 52,683 31,609 11,163 12,437 £ 5,046 !,683 ,609 ,163 !,437 £ 206,851 52,190 30,386 7,966 4,796 £ 47,744 6,662 68 79 £ 159,107 45,528 30,318 7,887 4,796 10 Public Works Fund. Improved-farm Settlements Lands, Miscellaneous 16 7 16,000 7,390 1,000 ',390 15,005 1,675 2,796 12,209 1,675 Totals 299 299,328 1,328 318,869 57,349 261,520 Special Acts, Deposit Accounts, &c. .. Land for Settlements Account Hauraki Plains Settlement Account .. Rangitaiki Land-drainage Account .. National Endowment Account Native Land Settlement Account Kauri-gum Industry Account 5,343 18,206 17,009 15,572 5,550 93,795 4,993 400 5,343 18,206 16,609 15,572 5,550 93,795 4,993 Totals.. 160,468 4-00 160,068 Grand totals 479,337 57,749 421,588

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