UNEMPLOYMENT

Grey River Argus, 17 June 1933, Page 5

UNEMPLOYMENT

BOARD’S BALANCE SHEET. (P' r Press Association). WELLINGTON, June 15. Unemployment relief taxation now weeds the total derived from income ax. The receipts from income tax or the year ended March. 31 last were 3,556,774, but the balance sheet of tho Jneinploymcnt Fund shows a net reverie for the year well in excess of hat lai'ge total. The details are as follows:— Unemployment levy .. 429,003 Emergency charge .. 3,591,432 Fines SOS Interest on investments 2,675 Loan repayments .. 3.240 Interest on loans Donations . .... 6 Total .. £4,027,999 Shillings and pence arc excluded from tho above details, which make a. total net revenue for the year of £4,027,999. Added to this was £184.966 brought forward from the previous year, making a grand total of £4.212,967 as the year’s resources of the Unemployment Board. Compared with the previous year’s receipts under different conditions of taxation, these iigures show a rise of £1,773.766 in spite of the fact that last year, following tho heavy increase in the emergency unemployment levy, the original subsidy from the general revenue was withdrawn. This item, which had come from ordinary taxation receipts amounted in the year ended March 31. 1932, to £1.118.753. but the increase in the emergency levy of 1/- in the ~ enabled the fund to stand the loss of the subsidy and to make a substantially better showing for last year. The principal items of expenditure last year are set out as follows:— £ Administration .. .. 100,642 Relief work grants . . 3,594.636 Loans 21,633 Food, clothing, etc. . . 58,666 Sustenance grants . . 12,960 There is an Investment Account in which a credit of £lOO.OOO appears, and this, with cash balances of £324.445. made up a total on March 31 last of £424.426. The cash balances at tho end of the previous year amounted to £184,966. The accounts show that the Board last year expended in grants for relief work £1,394.091 more than in the previous year BOOTS AVAILABLE. A sample pair of the boots to be made available to relief workers, in return for one day’s labour, has been received by Mr F. G. Davies, of the Labour Department. Greymouth. Workers who wish to secure boots should make application to Mr Davies.

DECREASE IN N.S. WALES. SYDNEY, June 16. The Minister of Labour (Mr Dun

ningham) stated that ofiicial records show at tho end of March the registered unemployed in New South Wales totalled 130,000, compart'd with 200,000 in the twelve months previously.