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EXCHEQUER RETURNS.

BRITISH FIGURES.

(British Official Wireless.) Received November 25, 8.5 a.m. RUGBY, Nov. 23.

The Exchequer returns contain a feature of interest in the first recorded receipts from the national defence contribution introduced in the last Budget and a subject of great controversv at the time. The amount is only £2OOO, but the total estimated yieid for the present . financial year, which has still four months to run, is no more than £2,000,000. The total ordinary revenue amounts to £415,657,903 compared with £394.046,903 at the corresponding date last year. The total expenditure less selfbalancing items is £537,700,249 compared with £491,524 268 on the corresponding date in 1936. The total floating debt outstanding'on November 20 was £936.075.000 —an increase of £237.945,000 since March 31—compared with £852,690,000 for the corresponding date last year.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19371125.2.123

Bibliographic details

Manawatu Standard, Volume LVII, Issue 306, 25 November 1937, Page 11

Word Count
132

EXCHEQUER RETURNS. Manawatu Standard, Volume LVII, Issue 306, 25 November 1937, Page 11

EXCHEQUER RETURNS. Manawatu Standard, Volume LVII, Issue 306, 25 November 1937, Page 11