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vital step has been taken in the history of the Trust. Many matters affecting the welfare of the Trust lands as a whole have already been dealt with successfully, and the spirit of harmony prevailing at the meetings augers well for the future close co-operation between all sections of the Trust and the administration. FINANCES The following table summarizes the financial transactions of the Department during the year:—

Brief Analysis of Consolidated Fund Payments, Less "Receipts General departmental administration, salaries, travelling-expenses, £ - purchase of equipment, &c. .. .. • • • • • • 312,521 Less— _ Recoveries from Maori Trustee and Maori Land Boards .. 19,979 Miscellaneous recoveries .. .. • • • ■ 4,979 Court fees .. .. •• •• •• 7,808 . 32,766 Net cost of administration .. .. • • • • • • 279,755 Protection of Maori land .. .. .. • • • • • • 23,863 Grants for Maori purposes .. .. • • • • • • • • 184,835 488,453 Civil List .. .. • • • • • • • • • • • • Special Acts .. • • • • • • • • • • .. 27,000 £521,986

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1 Total Payments. | 1 Total Receipts. Consolidated Fund — Civil List (Maori Purposes) Special Acts : Payments in respect of confiscated lands (Arawa, Ngaitahu, Taranaki, and WaikatoManiapoto) Vote, " Maori Affairs " Recoveries from Maori Trustee, Maori Land Boards, and miscellaneous receipts Court fees £ 6,533 27,000 521,219 24,958 7,808 Sub-totals Land for Settlement Account: Maori land settlement, housing, and rehabilitation loans 554,752 1,613,995 32,766 1,428,967 Total, State funds Maori Trust and Maori Land Boards 2,168,747 1,363,194 1,461,733 1,475,667