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B.—No. 8.

FINANCIAL STATEMENT BY THE HON. THE COLONIAL TREASURER.

IN COMMITTEE OF SUPPLY 5th SEPTEMBER 1866.

WELLINGTON, NEW ZEALAND. 1866.

B.—No. 8.

By the Hon. Mr. Fit/Herbert, 5 September, 1866. Mb. Caeletox,—The Committee of Supply has already voted a not inconsiderable portion of the Estimates as proposed by the Government; having, indeed, proceeded further in granting supplies than—according to some Hon. Members whose opinion is entitled to weight—it ought to have gone, before coming to the consideration of, Ways and Means. Without, however, contesting that point on the present occasion (which, nevertheless, I am not altogether prepared to admit), 1 say that it is satisfactory that we have at length reached this stage of our deliberations on Finance. When Hon. Members recollect that the present Government lias only quite recently assumed office, they will, I may hope, acknowledge that I have not unreasonably delayed making that statement of the views and proposals of Government, which is usual before proceeding with the business of this Committee. Neither, I conceive, will there be much disappointment at the brevity of my remarks, when it isremembered that the Hon. Member for Gladstone has already laid before; a Committee of the House a statement containing much valuable statistical information respecting the financial condition of the Colony. Ido not, therefore, propose needlessly to travel over again this Session the same ground. The statement of my predecessor in office is, in many respects, made as correctly as I could pretend to render it; and any differences of views or proposals there may be, will become sufficiently obvious as I proceed. But although my statement may be brief, and I may have no startling novelties in Finance to announce, yet I can assure the Committee that it is only after having passed under careful review the whole financial circumstances of the Colony and the Provinces, that the Government has arrived at the conclusion that it ought to confine its present proposals within the limits of strict prudence and caution. Under these circumstances then, the Committee will not be surprised if I proceed at once to the point, like the experienced widow, and examine into the figures, so as to ascertain the exact amount of settlement which can be effected for the maintenance of our various establishments—Colonial and Provincial. The Committee will have already gathered that the Government propose to reduce the Defence Estimates from the sum of £109,000 to that of £70,000 ; and it will, besides effecting this considerable saving, amounting to £39,000, alter somewhat the character of these Estimates. Instead of a rudimentary army, as some seem to have imagined, we propose that the Colony should content itself with the maintenance of an armed constabulary. It must not be supposed that a reference to this alteration is outside the limits of a statement like the present, for it implies not merely a change of name, but a reduction of expenditure—future as well as present, collateral as well as direct. The precise bearing of this view of the case will perhaps be most readily appreciated by those who may have witnessed the effect produced on tradesmens' bills by the promotion of the errand boy to the "youth in buttons," and the struggle between pride and poverty which ensues upon any proposal of reduction. Neither, on the other hand, ought it to be inferred that any departure from the policy of self-reliance is contemplated. Under that banner, indeed, the most brilliant successes have been achieved by our Colonial Forces and Native allies, and it has settled down into the policy of the Colony. But whilst the Government rely with confidence on the prowess of the Colonists in the event of any emergency, it declines to incur the expense of a costly peace establishment. There is no other noticeable reduction in the Estimates proposed by the Government, and I may therefore proceed to state the Estimated Expenditure for the Financial Year ending 30th June, 1867, nearly thus, viz.:— £ £ Permanent Charges (interest and sinking fund) ... 266,889 Civil List ... ... ... ... 27,500 Government House and Domain ... ... 7,138 Public Departments ... ... ... 36,560 Law and Justice ... ... ... ... 64,843 Postal... ... ... ... ... 143,150 Native ... ... ... ... 29,956 Customs ... ... ... ... 46,320 Miscellaneous ... ... ... ... 30,922 Defence ... ... ... ... 70,000 Supplementary (including charges and interest on Treasury Bills, &c.) ... ... ... 15,000 Total proposed specific appropriation by General Assembly for Colonial and Provincial Services ... 738,308 Total proposed general appropriation by General Assembly to the Provinces for special appropriation by the several Provincial Councils ... 318,750 Total proposed ordinary expenditure ... £1,057,058

FINANCIAL STATEMENT.

B.—No. 8.

This result, showing the considerable amount of £318,750 available for Provincial appropriation, lias been attained— Ist. By the reduction of the Defence Estimates to the extent of £39,000, referred to above. 2nd. By eliminating from the current Estimates for the year certain charges of a permanent character. I now proceed to state the ordinary Eevenuc estimated as available to meet this current expenditure, viz. : — , £ Customs ... ... ... ... 850,000 Ordinary Miscellaneous ... ... ... 146,000 Stamp Duties ... ... ... ... 50,000 Bonded Warehouse Duties ... ... ... 4,500 Licensed Distillation ... ... ... 1,000 Additional Postal Revenue ... ... ... 7,000 . £1,058,500 That is to say, the estimated ordinary Revenue of New Zealand for the present financial year, as proposed to be supplemented by the new taxation, will be sufficient after defraying the first charge for interest on loans, to provide for all the ordinary Colonial and Provincial Services, and also to make further provision to the extent of £318,000 for the use of Provincial Governments. It must bo admitted that it is very satisfactory to be enabled to make such a statement. And it is satisfactory also to find, on turning back a little upon the past, that the Colony has for some time been working up to this desirable adjustment between revenue and expenditure (my remarks are simply confined to ordinary revenue and expenditure). This favourable tendency and result I attribute to a combination of causes, viz., partly to the stimulus of the gold fields, partly to the increase of taxation effected in 1801, and partly to a prudent restriction of Departmental expenditure, and may be traced in exact terms in the valuable Returns which I have now before me. Return No. 1 shows that upon a comparison of a period of three years, viz., from 18G3-4 to 1805-6, the growth of Revenue was 27"15 per cent., and of Expenditure 261 per cent. Return No. 2 exhibits comparatively the Departmental Revenue and Expenditure, and affords some instructive lessons; the following inter alia, viz. i — Customs. —That whilst the Revenue has largely increased, there has only been a slight increase of expenditure. That the surprising increase in the Customs Revenue of Canterbury and its steady increase at Wellington and Nelson have more than outweighed the decrease at some other ports. Postal. —That the great disproportion between Revenue and Expenditure is gradually diminishing. Judicial. —That there is an alarming and increasing disproportion between Revenue and Expenditure, particularly in Otago, owing possibly (I throw it out as a suggestion, which I have not yet had time to verify) to the costly attendance of witnesses at trials, and to the diversion of fees to the Mayor's Court. Registration. —That there is a very gratifying increase of Revenue. I would merely take occasion to observe, Sir, that it is by the study of Returns such as these that we can alone ascertain the direction in which retrenchment of expenditure or increase of revenue (as the case may be) may be effected from time to time with safety. I observed just now that certain charges of a permanent character are proposed to be eliminated from the current estimates of the year; and I should also state that it is proposed to remove the unexpended balance of the Loan from the revenue side of the accounts. The advantages of this process of separation are sufficiently obvious, and I need not therefore occupy the time of the Committee by dwelling on them, but will at once submit for consideration what I may stvle — A proposal for appropriations in liquidation of charges under the Three Million Loan :— £ Military Settlers ... ... ... ... ... 207,000 Cook Strait Cable and Telegraph Extension to Auckland ... ... 38,000 Treasury Bills (removal of Seat of Government) ... ... 11,500 Liabilities on account of final settlement of Mib'tary Settlers ... 50,000 £300,500 Unexpended balance of Loan ... ... ... ... 170,000 Balance to be jirovided for ... ... ... ... 130,500 £306,500 I take this opportunity of mentioning for the information of the Committee that the £100,000 in debentures advanced to Auckland forms part of the sum of £170.000 just referred to as the unexpended balance of the Loan. Before however proceeding farther, I must notice what might at first sight appear to have been an omission in any proposal purporting to have for its object the winding up of the colonizing scheme of 1863. I refer to the sums of £38,750 (Taranaki Loan Ordinance), and £32,000 (Taranaki Land Purchase Fund.) It is sufficiently well known that these two amounts have been diverted from their original destination and expended by the General Government on other objects. It will be understood that lam not now canvassing the propriety of those transactions ;I am simply stating the case; and no one will dispute that the good faith of the Colony requires that these funds should be reinstated. With regard to the first item; inasmuch as the interest is provided for on the Estimates, and the debentures do not fall due till the year 1873, there is no immediate pressure; and against this I bring to account an asset of .£43,007 i)s. 9d., being the amount of debt due by the Province of Southland, which I have every expectation will be repaid before the period of maturity of the Taranaki debentures. It is in my opinion a perfectly good asset. With reference to the second item; it is proposed to

4

FINANCIAL STATEMENT.

commute this liability by a cession of land, an arrangement which there is reason to believe can be equitably effected. It will now be asked how the Government propose to provide for the deficit of £136,500 exhibited in this proposal. I would first observe, that the Government will bring down a Bill to indemnify for the past expenditure of the Three Million Loan, and to appropriate the unexpended balance. The appropriation will consist of so much of the item '" Military Settlers" as can be covered by the remnant of the Loan, for that is a charge specially pertaining to the Loan. In the next place the Government will propose a Bill authorizing the issue of Treasury Bills to the extent of £150,000 having a currency so regulated as to spread the charge on the Revenue over a period of three or four years. With regard to the item " Cook Strait Cable and Telegraph Extension to Auckland," I would explain that the Government submit this proposal as the necessary complement of that great national undertaking which has already connected the shores of Cook Strait by means of the submarine cable, and completed telegraphic communication between the Seat of Government and the extremity of the Middle Island. I would also explain, that although it is true that one-sixth, or perhaps one-fifth, of the amount of this proposed expenditure of a permanent character may not be actually brought to charge within the present financial year, yet that almost the entire amount is an obligation already existing, and that the Telegraph Extension, if sanctioned by the Committee, might be advantageously contracted for within the year. At any rate it appeared only reasonable to include these proposals in any scheme having for its object a final settlement of the Three Million Loan Appropriation. It is necessary that I should refer to the question of Provincial Surplus. It will bo admitted, I believe, by those who have dispassionately considered the subject, that the present state of the law, as established by " The Surplus Revenue Act," is unsatisfactory. It creates a partnership account, which complicates exceedingly, and delays the accounts of the Colony and throws an uncertainty over the amount available for Provincial appropriation which is very prejudicial to the interests of the provinces themselves. It is a very old saying societns est males discordiarum (partnership breeds quarrels) ; and the i ruth of the saying has been amply exemplified in New Zealand, for I believe that a large proportion of the differences which have from time to time occurred in this Legislature may be traced to the fact that the various Governments of New Zealand all dip their hands into a common purse. The Government, however, does not propose any amendment of the law this session, but it nevertheless regards it as a question which has to be settled sooner or later; and it can scarcely be conceived, I think, that any sound and settled system of finance can bo established for the Colony until this partnership system has been abolished, the evils of which have indeed been successively shown by Audit Committees. If, then, the Government is not prepared with a measure this session, what does it propose to do ? I have stated the amount for Provincial appropriation as estimated at £318,750 for the current year. This sum the Government proposes to insert in the Appropriation Act, for the specific service of the Provinces, by means of appropriation by Provincial Councils—to be issued to the several Provinces in monthly instalments proportioned to the gross Customs Revenue—an arrangement which will give a stability to Provincial calculations which, I venture to affirm, has never hitherto existed. On the other hand, it must not be forgotten that our Estimates of Revenue may fall short; Ido not anticipate it, but prudence requires that such a contingency should enter as an element into our calculations. It will have been perceived that the amount of the Treasury Bills asked for, somewhat exceeds the balance requisite for the proposed permanent appropriations, and it is intended that these Bills may be used in aid of current Revenue, if necessary—a necessity, however, which need not be provided for if " The Surplus Revenue Act," be simply adhered to, and the sum of £318,760 be not included in the Appropriation Act. Before leaving this subject it may be desirable to ascertain the amount and proportion which the Provinces received during the last Financial year. The Return I hold in my hand (Return No. 3) shows that during the last Financial year the Provinces received £285,991 or £10.253 less than threeeighths of the Customs. The Committee will probably desire to ascertain the views of the Government on the question of Consolidation of Loans. This is a very largo subject, and has necessarily engaged the attention of Government. It presents itself in two aspects, viz.: —The consolidation of Colonial and that of Provincial loans. That it would be most desirable for all interests to consolidate all the different loans, variable as they arc at present in character, and frequently conflicting with each other in the market, no one, I imagine, who has bestowed any attention on the subject, can entertain a doubt. For my own part, I am confident that the operation, if skilfully conducted, would prove highly profitable ; and that the conversion of the various kinds of securities into one common stock, to be known thereafter as " New Zealand Stock," would be of the greatest advantage, both to the Colony and the Provinces ; but a new Government could not introduce such a subject at the close of the session, even if the state of the money market were favourable. So far, however, as relates to the conversion of a portion of our Colonial Securities, I may state that it is the intention of the Government to introduce an enabling Bill during the present Session. I now approach the subject of the new taxation proposed. The Government may, perhaps, encounter opposition to this measure, but it does not therefore shrink from the responsibility. It believes that a considerable number of thinking men throughout the Colony are prepared to accept the method of taxation, by means of what are called " Stamp Duties," as a less objectionable mode than most others. They believe that a certain mixture of direct with indirect taxation, represents a soimd principle; and they recognize that taxation by means of stamps, partakes of the advantages, both of a property and income tax, whilst it is free from some of their disadvantages. They recognize further, this sound principle in the proposed form of taxation, viz. : that the incidence of the burthen is, in the main, there where it can be best borne. And if it should be contended (which I do not think it. can with reason) that this tax will realize a much larger amount of revenue than has been estimated, then, Sir, I submit that a very favourable opportunity will present itself next session, after such a fact shall have been fairly established, for the Government to relieve the pressure from off the shoulders of those who contribute to the Revenue according to the present rates of duties levied on the necessaries of life. But, besides these arguments, I draw attention to a very practical view of the case, viz.: the

B.—No. 8.

FINANCIAL STATEMENT.

5

B.— No. 8.

necessity of keeping up the Revenue if, indeed, it is desired to. make the various provisions proposeil by the Government. For 1 scarcely imagine that anyone would be found to recommend that we should go iuto the market to borrow in order to provide funds for the ordinary services of the Provinces, to be appropriated by the different Provincial Councils, for that it what it would amount to. I simply observe that an operation of that kind would not be calculated to improve our credit. Before concluding, I desire to thank the Committee very much, for the patience with which they hare listened to a statement, when the monotony of the subject has not (I am quite conscious) been relieved by that' clearness of style and arrangement which ought to characterize it, and recommend it to attention'; and the only excuse for the absence of which lies in the fact that I have had, as the Committee is aware, but a brief space allotted me. I beg, Sir, to move the following resolution—" That there be levied in aid of the supplies granted to Her Majesty, certain Stamp Duties."

No. III. FINANCIAL YEAR 1865-6 RETURN showing the CUSTOMS REVENUE received in each Province, the amount paid to the Provinces on account of SURPLUS REVENUE, and the proportion which such payments bear to the Revenue, received.

No. I. RETURN showing the REVENUE and EXPENDITURE for the Years 1868-4, 1864-5, and 1865-6, and the Centesimal rate of Increase during those periods.

6

FINANCIAL STATEMENT.

1863-4. 1864-5. Increase. 1SC5-6. Increase. £ s. d. 701,254 15 6 £ s. d. 726.516 12 9 i i. a. 801,679 6 0 Revenue 36 per cent. 2273 per cent. Hxpenditnre 453,928 17 3 I 511,837 13 11 11-5 „ 572,431- 17 7 11-8 „ I A comparison between the year? 1868-4 and 1865-6 eives the J'ollo An increase of Revenue „ Expenditure iwing result:— ... 27'J."i per oent. ... 2G1 Treasury, 28th August, 1SG0. J. WOODWABB, Assistant Treasurer. £No. II.—See next page.]

Fbotikox. Auckland* Tarunaki Wellington Hawke s Bay... .Nelson Marlborough... Canterbury ... Otago... Southland \ Customs Revenue for Year. £ 8. d. 163,425 7 2 16,492 8 2 85,948 19 7 24,188 7 7 51,883 1 3 5,994 16 2 224,543 7 1 198,412 18 3 32,101 4 6 Amount Paid. £ s, (1. 03,325 14 10 5,669 8 2 2'J,381 1 7 S,225 1 11 1.8,251 14. 5 2.126 10 5 83,773 I- '■> 07,325 11 8 10,909 6 2 Amount of jtlis of Customs. £ p. d. 61,284 10 3 6,184 13 0 32,228 19 9 9^70 12 11 19,466 3 0 2,248 1 0 84,208 15 3 72,529 16 9 12,037 19 1 Amount Paid | Amount Paid in excess of itbs last than Iths. £ s. d. J £ s. d. 2,04] I 7 515 4 10 2,847 18 2 845 11 0 1.201 8 7 121 4 7 430 10 6 5.204 2 6 1,128 12 11 Totals ... 797,985 9 8 28S.991 2 C 299,244 11 0 j 10,253 8 6 I * Auckland received durii ig the year, £8235 Os, Id., as amounl tl unpaid for llio yi ir ending 30th June, 18G5. , 1866. J. fOOBWAED, Assistant Treasurer. Treasury, 2Sth Augus'

B.— No. 8.

No. II.— TABLES showing the DEPARTMENTAL REVENUE and EXPENDITURE of the several Provinces, for the Years 1862-3, 1863-4, 1864-5, and 1865-6. 1862-3.

7

FINANCIAL STATEMENT.

Customs. Postal. Judicial. Registbatiox. Electoral. M[scEi,L.v>'j:ors. Provisoes. Revenue. Expenditure. Revenue. Expenditure. Revenue. Expenditure. Revenue. Expenditure. £ ■. d. 1,573 4 4 350 5 6 736 0 0 368 1G 6 761 1 9 65 11 6 1,372 14 6 1.850 0 0 307 0 3 Revenue. j Expenditure. Revenue. Expenditure. .C a. d. I £ s. d. 131. S 0 1,349 18 7 36 0 0 323 5 11 262 1 0 390 13 1 161 16 0 131 15 3 362 10 0 187 1 0 124 10 0 132 2 8 511 2 0 072 14 3 S58 10 (I 17.012 18 9 210 2 G 508 5 1 Auckland Taranaki Wellington ... Ilnwke a Bay Nelson Marlborough Cant erbury ... Otago Southland ... £ e. d. 93,053 19 8 7,465 5 1 41,736 18 3 9,00-1 5 6 22,221 4 7 3,090 3 1 60,412 16 1 215,316 11 11 36,727 14 4 £ ». d. 6,687 G 3 633 12 5 3,632 4 9 940 10 4 1,912 7 6 575 15 10 5,007 0 2 7,520 19 0 1,697 15 5 £ s. d. 4,026 7 5 402 7 8 2,034 17 6 624 2 6 1,221 12 8 307 13 4 4,637 3 6 11,875 14 7 1,678 17 4 £ s. d. 4,623 18 1 381 4 9 2,144 16 10 1,340 10 2 1,551 6 11 1,073 5 7 4,839 16 4 16,042 2 0 1,462 1 5 £ ?. d. 1,703 16 5 279 15 0 1,189 6 11 327 2 8 870 5 8 171 8 0 4,288 15 7 9,259 9 10 822 12 6 £ t. d. 4,386 16 4 851 7 0 3,070 7 11 742 9 0 1,304 11 5 548 12 3 3,476 8 5 5,145 0 0 515 19 7 £ s. d. 2.53G 9 11 284 15 8 573 17 11 411 12 1 1,132 10 11 65 11 6 1,785 10 1 1,058 0 4 233 11 6 £ s. d. ! £ p. d. 059 12 4 07 6 6 366 17 7 110 2 3 368 1 2 148 16 5 i 562 13 0 1,256 18 G 86 0 0 3,056 8 6 Totals ... 180,037 18 6 28,687 11 8 8,982 17 11 7,453 14 4 3.000 11 G : 21,588 13 1 26,868 16 6 33.408 2 1 19,002 12 7 20,041 11 11 18(53-4. Auckland ... Taranaki Wellington... Hawke's Bay Nelson Maryborough Canterbury... Otago Southland ... 127.520 0 3 10,900 11 1 47,328 8 0 12,671 13 7 25,839 19 8 4,575 8 5 83,812 1G 8 243,781 14 8 60,902 7 0 7,56 A 1 1 746 7 0 3,914 5 3 1,091 7 11 2,318 3 7 1,081 15 2 7,550 3 1 9,599 11 5 3,891 0 2 7,714 3 6 663 9 2 2,248 19 10 811 4 6 1.323 18 5 515 15 5 6,806 18 5 15,713 6 7 3,251 6 6 6,092 0 3 405 0 7 2,362 6 0 1,403 13 4 1,720 11 7 1,470 7 11 8.213 10 0 31,313 17 6 10,043 7 1 2,412 5 11 251 15 6 1,898 13 2 201 18 11 1,062 10 2 175 18 7 7.211 11 1 13,581 18 0 2,541 2 6 5,508 14 0 701 G 6 3.450 19 11 722 11 0 1,383 10 2 660 18 0 4,311 4 4 13,540 10 9 1,522 12 2 2,772 10 4 319 10 8 631 18 6 302 3 0 1,296 7 6 306 5 O 3,025 14 6 1.507 13 6 ] ,488 3 6 1,681 6 9 392 2 6 717 12 7 341 11 0 1.545 12 1 293 10 10 1,632 14 0 2,325 18 O 1,139 4 2 ! 561 17 10 103 17 9 486 G 10 133 1 I! 201 1 10 166 17 3 773 12 8 1,005 7 G 211 4 0 712 15 0 1,489 2 0 8G 5 0 385 12 4 201 18 0 138 10 0 134 3 0 ! 177 8 G 520 13 0 j 58 0 5 144 8 11 23 0 7 KM 0 0 826 10 0 1,200 8 0 0.61G 18 8 330 15 0 3,415 ;i 11 Totals ... 617,305 19 4 3,815 11 11 I 16,430 19 11 37,756 14 8 30,049 2 4 63,092 14 3 29,371 2 10 31,895 6 10 .14,653 6 6 10,073 1 8 3,853 10 8 1864-5. Auckland Taranaki Wellington... Hawke's Bay Nelson Mnrlborough Canterbury Otago Southland ... 181,033 12 9 15,431 8 2 59,347 17 1 17,486 9 9 31.059 8 8 7,928 8 5 95,138 11 0 202,815 10 7 32.060 14 1 9,027 8 10 071 11 4 4,004 10 1 1,151 18 2 1,020 6 0 1,696 11 7 10,022 13 8 9,258 11 10 2,853 6 0 10,702 9 11 1,020 2 8 3,821 9 7 1,045 18 10 1,820 9 2 1.051 0 2 8,845 4 1 13.772 12 10 2.3S.-> 2 3 6,873 14 7 571 1 7 2,718 13 0 1,175 1 7 2,103 17 7 1,784 10 0 10,403 14 4 25,259 9 2 4,S31 16 0 54,872 6 10 4,286 3 2 548 17 11 2,308 10 6 .-,01 10 7 1,483 10 0 702 8 6 6,140 8 11 10,004 17 1 1,912 10 6 5,742 18 4 882 13 5 3.396 12 0 683 0 7 1,517 13 9 1,519 14 7 5,727 14 4 13,949 13 0 8,450 17 6 4,398 9 (i 309 2 2 954 7 0 338 6 6 1,104 8 0 443 1 6 3.313 1 G 3,831 <> 6 1,087 5 8 2,007 10 7 438 5 0 814 3 0 397 0 0 1,138 8 0 350 6 8 1.070 19 3 2,388 0 4 570 2 3 ... 468 17 10 107 6 10 609 16 6 125 2 G 395 I 2 149 7 4 019 2 10 1,488 12 10 311 1G 5 1.2 11 0 6 7,967 7 2 07 3 0 012 10 0 108 10 0 ! 1,276 10 6 171 18 0 ': 148 13 8 350 4 0 ' 200 14 9 170 10 1 40 5 10 816 15 0 1,002 0 1 1,148 8 0 0,902 12 6 ■118 16 0 53 1 10 Totals ... I 143,973 0 6 28,072 3 2 35,870 17 6 15,869 8 4 9,852 15 1 643,211 9 6 40,915 17 G ... 4,505 7 3 4,666 5 7 1S.510 5 4 18G5-0. Auckland ... Tarunaki Wellington ... Hawkc's Bay Nelson jVIarlborough Canterbury Otago Southland ... 103,425 7 2 10,492 8 2 85,943 19 7 24,188 7 7 51,883 1 2 5.991 1G 2 224,543 7 2 193,412 18 3 32,101 4 5 8,703 11 7 1,121 11 3 4,053 14 11 1,274 11 10 2,609 5 7 1,340 8 10 12,027 3 10 8,115 5 1 2,483 2 1 10,840 5 0 78G 2 0 6,007 14 5 1,309 0 4 2,002 13 1 821 19 1 13,205 14 11 12,421 19 4 1,878 18 8 149.394 7 4 I 8,086 9 7 ! 6,339 1 4 427 16 0 ' 000 13 1 3,606 16 1 3,504 G 0 1,500 2 1(1 G01 13 6 2,226 5 11 1,702 1 3 2,787 1 6 469 5 7 16,104 5 11 8,204 12 11 15,850 9 3 7,850 15 1 3,789 10 9 COO 12 2 55.33S 18 I 20,0f2 li 11 ! 0,132 3 7 3,090 7 3 1,034 17 0 422 17 G 4,091 0 3 1,120 19 0 842 18 0 371 10 G 1,071 5 1 1,030 15 G 1,822 0 6 597 7 0 6,828 17 11 3,838 5 O 10,839 5 1 3,225 11 0 1,809 19 3 613 10 0 11.072 15 s 15,?20 17 9 27199 16 6 438 15 3 1,080 17 9 111 17 6 961 19 0 412 3 9 1,077 0 G 2,406 10 10 429 0 9 809 15 10 136 2 9 563 0 0 141 16 G 338 1 6 103 5 0 324 17 0 1.534 7 6 287 12 6 1,088 G 0 102 14 0 202 16 0 151 0 0 292 4 0 140 19 0 1,042 3 0 888 8 0 333 8 0 5,703 4 2 G20 13 7 1.040 14 11 020 l:! 9 205 1 1 1,031 5 8 10,160 10 ]O 138 10 7 Totals ... 797,885 9 8 ■ 41,776 IS o ! 10.102 1 10 4,239 0 1 4,305 4 0 21.054 0 7 Treasury, 3rd September, 1800. J. "Woodwaud, Assistant [Treasurer.

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Bibliographic details

FINANCIAL STATEMENT BY THE HON. THE COLONIAL TREASURER., Appendix to the Journals of the House of Representatives, 1866 Session I, B-08

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FINANCIAL STATEMENT BY THE HON. THE COLONIAL TREASURER. Appendix to the Journals of the House of Representatives, 1866 Session I, B-08

FINANCIAL STATEMENT BY THE HON. THE COLONIAL TREASURER. Appendix to the Journals of the House of Representatives, 1866 Session I, B-08

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