DOMINION'S FINANCES.

New Zealand Herald, Volume LII, Issue 15823, 21 January 1915, Page 6

DOMINION'S FINANCES.

NINE MONTHS' RETURNS.

COMPARATIVE STATEMENT. INCREASE OF REVENUE. RISE IN EXPENDITURE. [BY TELEGRAPH — PHESS ASSOCIATION.] Dunedin, Wednesday. The Minister for Finance, Hon. J. Allen, toj day made the following comparative statement of revenue for nine months ended December 31, 1914 and 1913 Nine months Nine months ended Doc ended Dec 31, 1914. 31, 1913. £ £ Customs 2,427.550 .2,456,310 Stamps 850,889 856,889 Post and telegraph 1,013,489 956.194 Land tax 637,732 699,718 Income tax 19,035 24,346 Beer duty 94.543 90,033 Railways 2,888,870 2,725,992 Registration, etc.... 65,069 65,234 Marine 37,396 36,396 Miscellaneous ... 278,099 223,206 Territorial ... 149.626 107,121 National endowment 78,770 72.402 Other receipts ... 4,758 459 Total £8,545,826 £8,314,300 Increase for the nine months, £231,526. Regarding the decrease in the land tax the Minister stated ,it was only apparent. It is due to tho fact that a sum of £112,600 of land tax money which ought to have been received in December, was not received until the beginning of January, this being due to certain assessments being late and to some adjustments. If that sum had been received the land tax would have been over £60,000 more than last year. The money is now to hand. The following is a statement showing the expenditure for the nine months ended December 31, 1914, compared with the corresponding period in 1913:— Nine months Nino months ended Dec. ended DecPermanent Charges. 31,1914. 31,1913. £ £ Civil lists _ ... 11,326 23,269 Interest and. Sinking Fund ... 2,444.778 2,305.239 Under special Acts 1,005,507 835,262 Annual appropriation legislature 28,891 31,643 Finance 100,192 33,007 Post and telegTflph 775,555 673,188 Railways 2,173,010 2,1.24,080 Public buildings ... 82,399 79.175 Native 18,071 17,092 Justice 298,019 286,508 Mines 21.444 21.702 Internal affairs ... 317,790 259,032 Defence 382,602 386.330 Customs and marine 112.761 104,530 Labour 21,244 21,238 Lands and survey 172.037 193,554 Agriculture ... 143,373 130,695 Education ... 882,262 814,206 Services not provided for ... 2,207 7 Totals ... ~£8,996.368 £8.389.757 STATE ADVANCES DEPARTMENT. LOANS FOR DECEMBER. [by TELEGRAPH.—PIIESS ASSOCIATION.] Dunedin, Wednesday. In conversation with an Otago Daily Times representative to-day, the Minister for Finauce remarked that it has been said that the present Government was curtailing tho advances to settlers and to workers, but the figures proved that it was not ;ti. The actual amount paid ito settlors for the month of December was nearly £70,000, and tho amount authorised by the board for the month was nearly £280,000. The amount paid over to workers for the same month was about £90,000.