NEW ZEALAND'S REVENUE.

Oamaru Mail, Volume XXXVI, Issue 10042, 9 January 1909, Page 1

NEW ZEALAND'S REVENUE.

(Peb Press Association.) Wellington, January 8. The following is a comparative st-ate- , ment of the revenue of the Dominion , for the December quarter of 1908 aiid 1907: — 1908. 1907. Cistoms £707,665 £729,767 Stamps (including post and telegraph cash receipts) 393,863 390,811 Land and income tax 561,124 498,344 Beer duty ... ... 34,871 32,221 Railways 774,962 694,442 Registration and other fees ... ... ... 24,531 . 20,161 Marine 11,174 10,199 Miscellaneous ... 49,641 41,268 Territorial 35,557 59,586 Totals £2,591,388 £2,477,798 Net increase, £113,590.! The following is a comparative statement of the revenue of the Dominion for the calendar years 1908 and 1907: 1908. 1907. Customs £2,941,529 £3,068,445 Stamps (including post and telegraph cash receipts) ... 1,604,534 1,492,332 Land and income tax 911,774 796,113 Beer duty ... 119,315 111,975 Railways ... ... 2,923,516 2,740,191 Registration and otler fees ... 125,196 118,083 Marine ... ... 44,393 41,049 Miscellaneous ... 242,463 234,765Territorial ... 257,154 277,163 Totals . ... £9,169,873 £8,870,116 Net increase, £299,757. The Prime Minister says he has not received 1 the figures yet regarding the ex-"" penditnre for last year, but so , far as he is able to calculate there has been a considerable increase, but this is a phase" "of-'our" "financial position which he proposer to deal, with at an early date -upon a comprehensive basis. Sir Joseph Ward men; turned to a representative of the New Zea- ' land Times this, evening that during the present financial year New Zealand will have to meet debentures falling due to the extent of £3,133,238, all of which, not- >. withstanding the disturbed state x>f the l money harket, had been'arranged on the i ' mo6fc satisfactory terms. "This," said Sir ' Joseph, "is confirmatory of what I-said , long ago, that our financial arangements s 1 are made?well ahead. We had the'large >; sum of £1,281;850 falling due as late as i the Ist inst., and of-this amount we renewed to present holders over £1,100,000, a fact; "which shows the ■ confidence the . holders , have" in the stability ■ of the country." - . v, .-