B.—o,

INDEX. tiOK Administration Expenses, Reduction in .. .. .. .. .. /. 4 Administrative Reforms .. .. .. .. .. .. .. 14 Allocation of Public Debt Increases .. .. .. .. .. .. .. 7 Annual Appropriations .. .. . . .. . . .. .. .. ' 3 Assets set off against Public Debt .. .. .. . . .. .. .. 10 Bank of New Zealand Shares Account . . . . . . . . . . . . 5 Capital Expenditure .. .. . . . . . . . . . . .. . . 6 Charges on Taxation.. . . . . . . . . . . . . . . 15 Customs— Beer Duty .. . . .. . . .. . . . . .. 2 Concessions in .. . . .. . . .. . . . . .. 10 Estimated, 1928-29 . . .. .. . . .. .. .. . . 16 Revenue .. .. .. .. . . . . . . . . . . 2 Debt (see Public Debt). Direct Taxation' .. . . .. . . .. . . . . . . . . 10 Discharged Soldiers Settlement . . . . . . .. . . .. . . 12 Economic Conditions .. .. * .. .. .. .. .. . . 1 Economy in Public Expenditure .. .. .. .. .. .. .. 14 Estimates — 1928-29 .. .. .. .. .. 17 Expenditure compared with .. .. .. .. .. .. 1 Expenditure— Annual Appropriations . . . . .. .. .. .. .. 3 Capital .. . . .. . . . . .. . . . . . . 6 Comparative Decreases .. .. .. .. .. .. . . 4 Comparative Increases . . .. . . . . . . . . . . 2, 3 Estimated, 1928-29 . . . . .. .. . . . . .. . . 17 Hydro-electric Supply .. .. .. . . .. .. .. .. 6 Pensions .. .. .. .. .. . . .. .. . . 3 Permanent Appropriations . . . . .. . . . . .. . . 2 Post and Telegraph Department . . . . . . . . . . . . . 13 Public Debt Charges .. .. .. . . . . 2, 9 Public Works .. .. . . .. . . .. .. .. 5 Roads and Highways .. .. .. .. .. .. . . .. 6 Subsidies to Hospital Boards .. .. .. .. .. .. .. 3 Railways .. .. .. .. .. .. .. .. .. 12 Under Special Acts .. .. .. .. .. .. .. .. 3 Unemployment Relief .. .. .. .. . . .. .. . . 13 Free-of-income-tax Securities .. .. .. .. .. .. .. . . 9 Highways and Roads .. .. . . . . .. .. .. • • 6 Hydro-electric Supply .. .. . . . . .. .. .. . • 6 Indirect Taxation .. .. . . . . . . . . .. .. . . 2 Interest on Public Debt .. .. .. .. . . .. . • ■ • 9 Land-tax .. .. .. .. . . . . . . . ■ .. .. 2, 10 Loans (see also Public Debt) — Conversions and Renewals .. . . .. .. . . .. • ■ 9 Falling due .. .. .. .. .. .. .. .. • ■ 9 London, 1928 .. .. .. .. .. .. .. .. . ■ 6 Paid off .. .. 7 Raised .. .. .. .. .. .. . . .. . • • 7 State Advances .. .. .... .. ... .. .. . 11 Motor-vehicles—Duties, Licenses, &c. .. .. . ■ .. .. .. . . 1 Net Charges on the Taxpayer .. . . .. .. . . ■ • ■ ■ 15

I—B. 6.