E.—BA,

TABLE X. Statement showing Subsidies paid as compared with Subsidies required under the System indicated in the Act.

Approximate Cost of Paper.—Preparation, not given ; printing (2,434 copies), £35 10s.

By Authority: G-. H. Loney, Government Printer, Wellington. —1936.

Price 9d.)

21

Year ended. Subsidy required. Subsidy paid. j Shortage. £ £ £ 31st March, 1906 .. .. Nil 5,000 -(5,000) 1907 .. .. 2,000 Nil 2,000 1908 .. .. 5,000 Nil 5,000 31st December, 1908 .. .. 5,000 Nil 5,000 1909.. .. 8,000 7,000 1^000 1910.. .. 11,000 7,000 4,000 1911.. .. 17,000 7,000 10,000 1912.. .. 17,000 7,000 10,000 1913.. .. 17,000 17,000 Nil 1914.. .. 33,000 17,000 16,000 1915.. .. 33,000 17,000 16,000 1916.. .. 33,000 17,000 16,000 1917.. .. 43,000 17,000 26,000 1918.. .. 43,000 17,000 26,000 1919.. .. 43,000 43,000 Nil 1920.. .. 68,000 43,000 25,000 1921 .. .. 68,000 43,000 25,000 31st January, 1923*.. .. 73,667 71,583 2,084 1924 .. .. 93,000 63,833 29,167 1925 .. .. 137,000 68,000 69,000 1926 .. .. 137,000 68,000 69,000 1927 .. .. 137,000 68,000 69,000 1928 .. .. 173,000 68,000 105,000 1929 .. .. 173,000 68,000 105,000 1930 .. .. 173,000 68,000 105,000 1931 .. .. 214,000 122,167 91,833 1932 .. .. 214,000 43,000 171,000 1933 .. .. 214,000 43,000 171,000 1934 .. .. 214,000 43,000 171,000 Totals .. .. 2,398,667 1,058,583 1,340,084 * Period of thirteen months.