8.—3

Table X.— Public Finance and the National Income.

Table XI.- —Public Debt. Table Showing Amount of Public Debt of New Zealand held in Great Britain, Australia, and New Zealand in 1930-31, together with average interest rates. Amount. Average Interest Held overseas — £m. Rate. Great Britain .. .. .. .. . . 1-55-07 4J Australia .. .. .. .. .. .. 4-13 5J 159-20 Held in New Zealand — £m. By Public .. .. .. .. 60-38 .. 4£ By Government Departments .. .. 56-46 .. 4| 116-84 Total .. .. .. .. .. 276-04 £4 10s. sd. Table Xll.—Annual Interest Payment in London, Australia, and New Zealand on Public Debt oe New Zealand, for the Financial Year 1930-31. Amount. Payable in— £m. London .. .. .. .. 6-84 Australia .. .. .. .. .. .. 0-33 Total paid overseas .. .. .. .. 7-17 New Zealand— £m. (a) To the public .. .. .. 2-84 (b) To Government Departments .. 2-30 Total paid in New Zealand .. .. .. 5-14 Grand total .. .. .. .. .. 12-31

Table XIII. —Comparison of Taxation per Capita, 1921 to 1931.

Prior to 1923 all taxation was retained in Consolidated Fund, but from that year taxes upon motor-spirit, &c., earmarked for Main Highways were transferred periodically to Main Highways Account. Similarly, in 1931, taxation in respect of unemployment was credited direct to Unemployment Fund.

50

National Batio of Tax Year. Income Debt Charges. ™ " °*^ er Tax Revenue. Revenue to (Estimated). Expenses. Income £m. fm. £m. £m. Per Cent. 1925-26 .. 136 9-93 13-64 17-25 12-7 1928-29 .. 150 10-15 14-02 17-83 11-9 1930-31 .. 120 10-95 14-08 18-88 15-7

„ Consolidated ' Unemploy- T . , Estimated , Taxation Year. ,, , Highways I , J Total. Mean r> n ■* iund " Account, ment FundJ Population. | Pel Ca P ,ta ' £ £ £ £ £ a. d. 1921 .. 22,184,414 .. .. 22,184,414 1,252,206 17 14 4 1922 ... 16,370,516 .. .. 16,370,516 1,285,711 12 14 8 1923 .. 15,594,288 121,092 .. 15,715,380 1,311,381 11 19 8 1924 .. 16,416,870 123,568 .. 16,540,438 1,334,029 12 8 0 1925 .. 16,139,806 409,803 .. 16,549,609 1,359,995 12 3 5 1926 ,. 16,939,296 315,392 .. 17,254,688 1,392,073 12 7 11 1927 .. 16,851,455 586,372 .. 17,437,827 1,420,762 12 5 6 1928 .. 16,428,668 716,477 .. 17,145,145 1,443,323 11 17 7 1929 .. 16,588,456 1,243,577 .. 17,832,033 1,459,983 12 4 3 1930 .. 17,960,341 1,510,790 .. 19,471,131 1,477,494 13 3 7 1931 ... 16,756,866 1,840,590 280,829 18,878,285 1,497,732 12 12 1