B.—l [PT. Ill],

PUBLIC ACCOUNTS, 1941-194 2. TABLE VII.-ALLOCATION OF THE PUBLIC DEBT AS AT 31st MARCH, 1942, ACCORDING TO THE EXPENDITURE APPEARING IN THE DEPARTMENTAL ACCOUNTS PREPARED IN TERMS OF SECTION 57 OF THE FINANCE ACT, 1932. £ Railways .. .. .. .. .. .. 75,091,393 Hydro-electric Schemes .. .. .. .. .. 16,801,733 Post and Telegraph Services .. .. .. .. 16,960,326 Public Buildings, Schools, and Sites .. .. .. 19,502,017 Roads a.nd Highways .. .. .. .. .. 40.102,105 Harbours and Lighthouses . . .. .. .. .. 2,218,799 State Forests .. .. .. .. .. .. 3,387,438 Housing.. .. .. .. .. .. .. 20,618,945 Land Settlement and Improvement .. .. .. .. 32,286,592 Shares in Bank of New Zealand .. .. .. .. 875,000 Shares in Reserve Bank of New Zealand .. .. .. 1,129,785 Investment in State Advances Corporation .. .. .. 35,173,859 Share in Nauru and Ocean Island Phosphates .. .. 213,840 Development of Mining .. .. .. .. .. 1,161,195 Tourist Resorts .. . . .. ~ .. 780,414 Immigration .. .. .. .. .. .. 1,698,019 War and Defence (including £43,704,794 in respect of present war) 105,344,680 Miscellaneous Assets and Services .. .. .. .. 8,367,627 Cash and Investments in hand . .. .. .. 3,683,966 £385,397,733

B. C. Asiiwin, Secretary to the Treasury. A. R. F. Mackay, M.Com. (N.Z.), Ph.D. (Lond.), Accountant to the Treasury. The Treasury, Wellington, 22nd June, 1942. Examined and found correct. Cyril G. Collins, Controller and Auditor-General. Audit Office, 23rd June, 1942.

By Authority: E. V. Paul, Government Printer, Wellington.- 1942. Price 9d.]

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