BRITAIN’S REVENUE

Feilding Star, Volume 9, Issue 3850, 5 October 1932, Page 7

BRITAIN’S REVENUE

SHOWS AN IMPROVEMENT CUSTOMS INCREASES J NTE REST SA \ iNG S (A 11st. ami N.Z. Cable.) Rugby, October 2. j A deficit of £90,928,882 is disclosed •v the revenue returns for the first six months of.the financial year, compared with the deficit oi‘ £98,410,249 last year. The ordinary revenue anu.unted 10 £268,528.308 while the crdma-ry expenditure was £359,457,-’ j 190. The revenue iuei ea si's include £21,293,000 in Customs and excise and £4,550,000 in estate duties. A saving of £12,0; ‘5,376, was made in interest on the national debt partly as a result of th e exceptionally' lew discoun ra-t.es at which Treasury Bills have lately been sold arid there has been a saving of £3,050,000 ii\ the Naw Army and Air votes.