N.Z. FINANCES

Evening Post, Volume XCII, Issue 32, 7 August 1916, Page 8

N.Z. FINANCES

INCREASES IN REVENUE

SOME COMPARATIVE TABLES

QUOTED BY SIR JOSEPH WARD.

In the House of Representatives tins afternoon Sir Joseph Ward (the Minister of Finance) submitted a statement of the revenue for the four months ended 31st July, 1916, compared with the'corresponding period of last year. JEhe statement' was as follows :—

Totals ... 795,391 143,552 inc. TWELVE-MONTHLY OOMPABISON-. For the twelve months ended 31st July, 1916, as compared with the year ended 31st Judy, 1915, the figures were-

31st Jiilv, 1916. £ SB Customs 1474,109 93;877:inc. Stamp and death duties 527,684 138,601inc. Postal and teleT 439,355 75,632inc. Land tax .„... 2,812 23,072dec. Income tax ... 7,693 1,235inc. ■ £<*? duty 56,351 17,090inc. Eailways 1,429,861 183,033inc. -Kegistratioa and other fees ... 30,192 2,049dec. nn« 12,472 ' 751 dec. Muceilaneou 90,140 . 14.084 inc. N^T 1 i 29>951 <289inc. JNauonal endow- ■ < ■ .mentrevenne 85,971 6,684 inc. ' Other receipts _ 8,374 inc. TotaJs 3,886,601 487^11uie. For the month of Jnly, as compared w:th July of. last year, the figures were :— July, 1916, „ ' • £ & Customs 275,840 5S,SM!nc. Stamp and death duties 137,234 56,926 inc.-, Postal and tele- ; graph 10,398 449 dec. Land Tax 197 1,482 dec. 1 Income tax ... 1,831 4,909 dec Beer duty 12,593 4,916 inc. R e gistration and other -.fees 7,356 4Sinc. Maru^. 3287 412inc. ilisceUaneous 14,086 3,860 inc. Other receipts — 8 dec.

1916 £ £ Customs 3,460,048 201,386 inc. Stamps & death duties 1,608,908 185,3801110 ' Postal & Tele- • graph ......... 1,765,549 425,059inc Land tax 1,025,284 204,479 inc Income tax 1,393,354 854,790 inc. Beer duty 174,982 45,061 inc. . Railways 4,667,370 589,376 inc. Registration and other fees ... 104,214 426inc. Marine 45,477 1,469 dec. Miscellaneous... 438,589 26,482 dec Territorial- 223,603 11,833 dec. National En- ' dbwment ... 85,971 6,684 decOther receipts 3,799 : 12,680 dec.: Totals „ 14,997,148 2,446,809 inc.: EXPENDITURE. Sir Joseph theD quoted 'the following figures regarding expenditure over the two four-monthly periods ended 31st July, iai5 and 1916:— ■ : : . i'' "' Four Months Permanent ended Charges. Juy-jil,'16. £ £ Civil List 7,207 1,874inc. Interest and Sinking Fund 1,421,950 88;218m<r. Under Special r Acts ,. 367,501 2l,687dec. Total 1,796,657 67,905inc. ANNUAL APPROPRIATIONS. Legislative 12,552 3.842inc. Finance 23,293 '311 inc. Post and Telegraph ........... 117,445 111,138 inc. Railways ..". 807,686 10,786 inc. Public buildings 21,182 801 inc. Native 7,491 353doc. Justice .'. 104,168 16,130dec. Mines 7,313 • 1,250 dec. Internal Affairs 154,760 27,588 inc. Defence 146,393 14,684 inc. Customs and ' Marine 42,619 4,525 dec.' Labour 10,041 475 inc. Lands & Survey- 66,642 6,445dec. Agriculture ' 59,960 4,499 inc. Education 496,700 45,226 inc. Services not provided for 2,710 15,282dec. Totals ... 2,080,955 46,911 dec. Grand totals 3,877,6i3 20,994 inc. The following statement was also, presented, showing the expenditure under appropriations of the Public Works fund :— ■ -.-_■' Four months ended 31st July, 1916. ■■.-■-■■ £ ~, £>.::■.:; Public Works De- • : partmental 35,177 1,457 inc. Railways 189,554 95,143 dec. Public Buildings... 66,917 , 35,672dec. Lighthouses, ' har •'■ ' , - bour. works, etc. 1,882 . ljO6Odec Tourist and Health ' ' . Resorts 235 1,195 dec., Immigration. 15 credit 2,295 inc. Roads, bridges, etc. 72,922 37,2l8dec. Development of , .-.' .. , . Mining '......„.... ■ 1,124: 54"2 inc.Telegraph "Extens, 3,959 35,147 dec. Contingent Defence 1,639 7,406 dec. Lands Impmnt. ... 447 cr. 2,474 dec. Irrigation and ' water supply 458 458 inc. Plant, material, etc. 1,909 1.909 inc.: Unauthorised 1,072 lJ072inc; Totals 376,386 207,582dec.