8.—6

£ Total revenue . . 38,260,000 Expenditure. Permanent appropriations— £ £ Debt services . . . . .. 10,022,000 Exchange . . . . . . 1,500,000 Transfer of highways revenue . . 3,233,000 Other permanent appropriations 376,000 — 15,131,000 Annual votes — Social services . . . . 10,613,000 Other services . . . . 12,299,000 — 22,912,000 Supplementary estimates and contingencies . . 200,000 38,243,000 Estimated surplus . . . . .. . . £17,000 In conclusion I would say that we have already made much progess in improving the general standard of living. Given the continued co-operation and Avhole-hearted support of the people we can so increase production as will enable us to consolidate our position on a sound economic basis. With this as a starting-point we will move forward to even higher standards in the future.

Estimated expenditure 1939-40.

15