A.—4.

A comparative statement of revenue and expenditure each year from 1925-26 is shown below : —

The following comparative table shows the total receipts each year, together with the amounts expended on certain public services : —

10

Revenue Expenditure Deficit Subsidy Final Surplus Year. obtained in the of the or from or Territory. Territory. Surplus. New Zealand. Deficit. ! £ £ £ £ £ 1925-26 .. .. 128,638 145,687 -17,049 21,400 + 4,351 1926-27 .. .. 113,812 141,710 —27,898 20,000 — 7,898 1927-28 .. .. 106,038 143,421 —37,383 20,000 -17,383 1928-29 .. .. 121,904 157,829* -35,925* 47,374* +11,449 1929-30 .. .. 131,416 150,728* -19,312* 39,448* +20,136 1930-31 .. .. 130,385 140,288* — 9,903* 21,000 +11,097 1931-32 .. .. 109,040 128,936* -19,896* .. -19,896* 1932-33 .. .. 105,920 98,166 +7,754 .. +7,754 1§33-34 .. .. 90,613 89,955 +658 .. + 658 1934-35 .. .. 78,808 76,505 +2,303 .. +2,303 1935-36 .. .. 111,867 100,736 +11,131 .. +11,131 1936-37 .. .. 117,909 116,613 +1,296 .. +1,296 1937-38 .. .. 139,450 139,070 +380 .. + 380 1938-39 .. .. 123,803 119,233 + 4,570 .. + 4,570 * Includes expenditure on extra police : £27,374 in 1928-29, £19,448 in 1929-30, £16,561 in 1930-31, and £10,412 in 1931-32.

Revenue from „ j . External Sources. Revenue Amounts spent on Financial Year. : ~ trom i — Loans and j ° n \.i J 1 e ™ a Itjj , • I Agri- 1 Public i Public Advances. ' lEducatlon ; culture. Health. ! Works. £ £ £ £ £ £ 1920-21 .. .. .. 44,336 .. 14-9,027 3,176 5,405 15,840 13,796 1921-22 .. .. .. 49,229 16,000 119,569 5,237 4,444 22,690 15,418 1922-23 .. .. .. 20,777 16,000 115,250 6,846 3,787 25,715 12,549 1923-24 .. .. .. 5,658 24,000 109,917 6,556 5,748 23.995 21,191 1924-25 .. .. .. .. 19,140 111,774 7,609 3,030 24,425 24,737 1925-26 .. .. .. 5,000 21,400 128,638 9,131 3,187 25,761 26,555 1926-27 .. .. .. 31,000 20,000 113,812 9,688 3,760 25,911 20,016 1927-28 .. .. .. 16,500 20,000 106,038 10,222 4,990 25,597 16,842 1928-29 .. .. .. 25,700 47,374* 121,904 7,738 4,285 24,367 13,606 1929-30 .. .. .. .. 39,448 131,416 6,955 .. 18,016 17,005 1930-31 .. .. .. .. 21,000 130,385 7,439 .. 18,224 15,726 1931-32 .. .. .. 6,000 .. 109,040 6,794 • • 17,824 15,797 1932-33 .. .. .. .. .. 105,920 5,459 .. 21,819 11,908 1933-34 .. .. .. .. .. 90,613 5,097 .. 17,150 10,632 1934-35 .. .. .. .. .. 78,808 4,910 .. 13,937 9,111 1935-36 .. .. .. .. 111,867 4,877 .. 17,797 20,222 1936-37 .. .. .. .. .. 117,909 5,619 .. 19,636 28,030 1937-38 .. .. .. .. .. 139,450 7,539 .. 22.579 31,436 1938-39 .. 123,803 8,553 .. j 25,904 25,556 £ £ Total .. .. .. 204,200 Less amount of loan subsequently treated as a gift by New Zealand Government (not in respect of any specific year) .. 25,000 Less repayment of temporary advance .. 6,000 Less repayment of principal—• 1928-29 .. .. 8,000 1932-33 .. 26,155 1933-34 .. .. 3,000 1934-35 .. .. 4,335 1936-37 .. .. 9,770 1937-38 .. .. 9,745 1938-39 .. .. 4,855 96,860 Public debt .. £107,340 * Correcting error in previous statements from 1932 onwards. Note.—Expenditure on education and public health does not include expenditure on school and hospital buildings, which is included under the heading " Public Works."