PUBLIC ACCOUNTS.
THE LATEST FIGURES
(From Our Correspondent.)
WELLINGTON, July 30.
The statement of the public accounts for the first quarter of the current financial year, published this morning, is no more illuminative than such arrays of figures usually are. They make it plain enough, however, that in his interim statement, issued at the beginning of the present month, the Acting-Minister of Finance by no means exaggerated the financial difficulties besetting the Dominion. While the receipts from almost every source of revenue have declined, trie expenditure has largely increased. Among the annual appropriations the expenditure upon Post and'Telegraphs, compared with that of tho corresponding period of last year, has gone up from £296,000, in round figures,' to £493,000; Railways, from £931,000 to £1,978,000; Justice, from £IOB,OOO to £130,000; Internal Af T fairs, from £47,000 to £127,000; Customs and Marine, from £41,000 to £71.000; Agriculture, from £53,000 to £70,000; and Education, from £464,000 to £660,000. Of course, the figures for an isolated quarter do not give a precise view of the whole financial position, but in this case they are sufficiently significant to call for very serious thought.
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Bibliographic details
Thames Star, Volume LVII, Issue 14725, 2 August 1921, Page 3
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187PUBLIC ACCOUNTS. Thames Star, Volume LVII, Issue 14725, 2 August 1921, Page 3
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