FINANCIAL STATEMENT BY THE HON. THE COLONIAL TREASURER.

Appendix to the Journals of the House of Representatives, 1871 Session I, B-02

B.—No 2:

FINANCIAL STATEMENT BY THE HON. THE COLONIAL TREASURER.

IN COMMITTEE OF SUPPLY, 12TH SEPTEMBER, 1871.

WELLINGTON.

1871.

B.—No. 2.

By the Honorable Julius Vogel, 12th September, 1871. Mr. O'Rorke, — The very great exertions I have had to make since my return from England, in order that I might be enabled to come down with the Financial Statement this evening, will, I hope, be considered by the Committee sufficient reason for according to me an indulgent audience. I may ask for indulgence on another ground, because, apart from the difficulties which ordinarily encompass a Financial Statement, I have this year to face that most unpleasant of all difficulties, a Statement in which I have to announce a falling off in the revenue. I have the honor to produce similar Tables and Statements to those which accompanied the Budget last year. The Statement A exhibits the position of the public debt of the Colony as made up from the latest advices on the 30th June. The Statement B shows the actual as compared with the authorized expenditure out of the Consolidated Fund, and (after providing for the Reserve Account) the saving or excess on each Vote. The Statements Bl to B4 show the operations of the year on the Special Fund, the Public Works, the Land and Trust Fund Accounts. In Statement C, details of the unauthorized expenditure are given, and in the Table D, particulars will be found of the Defence expenditure as sanctioned by the Appropriation Act No. 2 of last Session. Table E presents the whole expenditure of the year, and it is to this Table that I shall refer honorable Members in my remarks upon that subject. The Statement F shows in a comprehensive manner the accounts with the Provinces, while in Table G the whole transactions of the year are summarized and balanced with the cash in the Bank and the advances to be accounted for. The llevenue Tables will be found under the letters Hto H9. Ido not think it necessary to refer more particularly to these tables. Honorable Members will much better understand them by personal study than from any explanations with Avhich I might attempt to summarize their contents. I shall, throughout the Statement I have to make this evening, endeavour to avoid the repetition of figures, the mere utterance of which rather tends to confuse than to inform the hearer. THE YEAR 1869-70. It will be remembered that last Session the Statement was delivered prior to the end of the Financial Year; and that, consequently, many of the items of revenue had to be stated conjecturally. It was computed that at the close of 1869-70, after providing for all outstanding liabilities of the year, there would be

Tables appended to the Statement.

Last Session, Statement made before the end of the year.

FINANCIAL STATEMENT.

8.~- No. 2.

a deficiency of £35,591 9s. 3d.; but that the receipts under certain heads, with the enumeration of which I need not trouble the Committee, would convert that deficiency into a surplus of £72,870 16s. Id., which would be available for the purposes of the year 1870-71. Subsequently to the Statement being made, the very large amount of £119,000 was brought down, and passed in the shape of Supplementary Estimates ; and of that amount, a very considerable proportion was for engagements and liabilities of the year 1869-70. We might, therefore, expect that the surplus to which I have referred would be very much reduced when the additional estimates were charged against it; but, lam glad to say, that if the amount of the liabilities and engagements exceeded my anticipations when I made the Statement last year, so, also, did the amount of the assets receivable. After defraying the whole of these liabilities and engagements, the result was such as to leave an amount of £76,774 6s. Bd. available for the purposes of the year 1870-71. It may be said that this amount so closely approximates to that which I anticipated, namely, £72,870 16s. Id., as to establish the propriety of renewing the experiment of making an anticipatory Statement. But, viewing the great additional labour consequent upon making the Statement before the close of the financial year, and considering, also, how very conjectural some of the estimates and computations have to be in such a case, I am inclined to think that the experiment tried last year is one which it is not desirable should be repeated. FINANCE MEASTJEES OF LAST SESSION. Papers have already been laid on the table in reference to the negotiation of the loans authorized last Session. The Government consider that the portion of the loans which has been raised has been negotiated on very favourable terms ; and that the arrangement by which the guaranteed debentures are practically converted into a reserve fund, to be used as required, will be of great value to the Colony. The short-dated debentures which the House authorized to be issued, under the Temporary Loan Act, proved serviceable in enabling money to be obtained on favourable terms, pending the negotiation of the loans, after which they were redeemed and cancelled, with the exception of debentures for a small amount, which are in the Colony, and remain to be cancelled. This will be done without delay. It is scarcely necessary to make larger reference to the measures of last Session; for, as their object was to promote the progress of public works and of settlement, explanation as to them falls rather within the province of my colleague the Minister for Public Works. The payments to Road Boards' —although some difficulty arose in settling how the amount voted should be distributed—were made in a manner which has created very general satisfaction throughout the country. EEVENUE OF THE TEAE 1870-71. I now ask the attention of the Committee to the revenue of last year. On every item the receipts have been less than the amount estimated to be received. I place before honorable Members a statement of the estimated revenue, and of the receipts: — Estimated. Actual. £ s. d. £ s. d. Customs Duties, Seizures, &c. ... ... 810,000 0 0 ... 732,130 2 1 Bonded Warehouses ... ... ... 4,500 0 0 ... 4,229 11 3 Stamp Duties ... ... ... ... 70,000 0 0 ... 55,621 1 5 Post Office ... ... ... ... 52,000 0 0 ... 43,086 15 0 Telegraph ... ... ... ... ... 25,000 0 0 ... 22,545 16 4 Miscellaneous — Judicial Fees and Fines ... ... ... £31,099 18 8 Begistration of Land, Deeds, &c. ... ... 19,234 7 7 Issue of Crown Grants ... ... ... 7,638 18 6 Marine Act, Light Dues, &c. ... ... 5,706 15 8 Fees—sundry Acts ... ... ... 5,338 14 11 Incidental Eeceipts ... ... ... 8,732 9 5 90,000 0 0 77,751 4 9 £1,051,500 0 0 ... £935,364 10 10 Difference between Actual and Estimated ... ... ... ... £116,135 9 2

Surplus from 1869-70 estimated at £72,870 16s. Id.; but although Supplementary Estimates amounted to £119,000,

The amount available or 1870-71, was £76,774 6s. Bd.

Not desirable anticipatory Budget should be again attempted.

Loans negotiated favourably.

Short-dated debentures serviceable.

Payments to Road Boards gave great satisfaction.

Tablb H.

Ordinary revenue for 1870-71, £935,364 10s. 10d.,0r £116,13 9s. 2d. less than estimate;

4

FINANCIAL STATEMENT.

B.—No. 2.

I also place before the Committee a comparison between the receipts during 1869-70 and 1870-71 :— 1869-70. 1870-71. £ s. d. . £ a. d. Customs Duties, Seizures, &c. ... ... 808,418 2 3 ... 732,130 2 1 Bonded Warehouses ... "'...' .., 4,607 6 3 ... 4,229 11 3 Stamp Duties '■::.<■"■< ... ... ... 62,410 15 6 ... ' 55,621 1 5 Post Office ... .. ... ... 47,883 12 4 ... 43,086 15 0 Telegraph... ... .... . ... ... , 17,473 19 10 ... 22,545 16 4 Miscellaneous, viz.:— Judicial Pees and Fines ... ...31,160 19 3 31,099 IS 8 Begistration of Land, Deeds, &c. ...19,240 12 10 19,234 7 7 Issue of Crown Grants ... ... 6,614 14 5 7,638 18 6 Marine Act, Light Dues, &c. ...6,181 4 5 5,706 15 8 Fees, Sundry Acts ... ... 6,254 13 6 5,338 14 11 Incidental Eeceipts ... ... 8,114 7 10 8,732 9 5 . : 77,566 12 3 ■ — 77,751 4 9 Total of Tears ... ... 1,018,360 8 5 ... 935.364 10 10 Difference between Eeceipts of 1869-70 and 1870-71 ... ... ... £82,995 17 7 Honorable Members will observe from these two sets of figures, that not only did the revenue of last year show a decrease as compared with the estimate, but that there was a decrease as compared with the actual receipts during 18G9-70 —in fact, that there has been a general falling off in the revenue. But let me say, that much as the Government deplore this falling off, they disclaim any responsibility in connection with it. The Estimates for last year were carefully framed. More than once during the Session the attention of the House was called to the condition of the country; and it was urged as a reason for hastening on the measures for the construction of Public Works, and the promotion of Immigration, that, because of the existing state of things, something in the nature of a resumption of the almost suspended colonization was imperatively called for. The Government did not anticipate the immediate event of so large a reduction in the revenue. But the evidence wiaich that reduction supplied is, amongst other things, proof, if proof be necessary, of the wisdom of the Assembly in giving immediate effect to the proposals for largely increasing the population by means of immigration, and for developing the resources of the country by opening up main lines of communication, and for the same purpose supplementing, by means of grants-in-aid, the local taxation of outlying districts. I might detain you very long by commenting upon the various causes of the depression which has overtaken the country ; but if I did so, I should be dealing with a subject with which many honorable Members are familiar, and with the features of which some honorable Members possess a more intimate acquaintance than myself. Causes of a varied nature contributed to reduce the price of one of the chief productions of the Colony; and, unquestionably, the ill effects of that reduction made themselves felt in every branch of trade and manufacture. I speak of the fall in the price of wool; and it is gratifying to be able to congratulate the Committee upon the remarkable rise in the price of that article which has recently taken place. The reduction in the value of property, the comparative suspension of public works throughout the country, and, to some extent, the reduction in the expenditure for Defence purposes, must be included in the contributing causes to which I have referred. I will not say that they exerted a depressing influence; but they assuredly had the effect of limiting expenditure, and therefore of reducing one particular branch of receipts —the Customs duties. It may, indeed, be urged that a reduction in the Customs receipts is not necessarily an indication of an unhealthy state, since it may be attributable, not to privation consequent upon reduced means, but rather to frugality, resulting from a desire to accumulate wealth; or the reduction may be regarded as following, wholly or in part, on a larger use of local productions. But I will not trouble the Committee by discussing to what extent, if at all, habits of frugality, or a growing appreciation of the productions of the Colony, may be credited with effects which have certainly resulted in lessening the receipts of Customs. The Government are of opinion that, viewing all the 2

I ) ' And £82,995 17s. 7d. less than rerenue of ■ 1869-70. I

i ■ G-overnment deplore the falling-off; but disclaim respousii bility. t

■ ! State of the country . urged last Session as reason for resuming i colonization.

. Falling off of revenue proof of wisdom of the Assembly last Session, in giving immediaie effect to Colonizing Policy. :

Various causes contributed to reduction of revenue.

Falling off in Customs not necessarily prool' of unhealthy con--1 dition. ; i i i t

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FINANCIAL STATEMENT.

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circumstances there is reason to conclude that the depression which has undoubtedly overshadowed the Colony for a long period, is in course of removal, g and that from various causes—such as the increased yield of the gold fields, the rise in the price of wool and other products, and the prospects of largely increased settlement throughout the Colony which are afforded by the means which the Assembly has placed at the command of the Government, not only for opening up the country but for introducing immigrants —there cannot fail to follow salutary effects. I will not now further refer to the details of the falling off in the Customs Revenue. The Stamp Duties, it will be seen, show a very considerable reduction, which may be accounted for by the reduction in the general business transactions of the country. A great part of the falling off in the Postal Revenue is to be attributed to the reduction made last year in the rate of interprovincial postage. It is possible, too, that the increased use of the telegraph has somewhat affected the internal postal revenue. Although the i receipts of the Telegraph Department are slightly less than the amount estimated, they are nearly 30 per cent, in excess of those of the previous year ; and that is a result with which, as I am sure honorable Members will agree, we have every reason to be satisfied. The total of Miscellaneous Receipts shows a decrease. A considerable portion of the deficiency in the Miscellaneous Receipts occurs under the head " Tees for the Issue of Crown Grants," which it was expected w rould prove very large, in consequence of the Act passed last Session, but which are, really only £1,000 in excess of the sum received during the previous year. When the Act has been more completely brought into operation, it is expected that a considerable amount will be recovered on grants issued but not yet claimed by the grantees. The ordinary revenue for the year 1870-71 was £935,364 10s. lOd. To that there must be added—Sinking Fund released, £5,348; amount raised by Treasury Bills, £50,000; receipts to credit of votes £25,073 4s. 6d.; and transfer from Special Fund £20,295 6s. 6d.; making in all, £1,036,081 Is. lOd. To this must be added the amount of the balance of £76,774 6s. Bd. from the previous year, making a. total of £1,112,855 Bs. 6d., and representing the receipts up to the 30th June. EXPENDITURE OF YEAR 1870-71. I will now refer to the expenditure of the year, up to the 30th June. It comprised £420,204 7s. Bd. for Colonial Charges, according to the Appropriation Act, £34,767 18s. 7d. for unauthorized expenditure during the year; £561,375 paid to the Provinces, for capitation allowance and grants-in-aid to Road Boards ; and £13,019 17s. 3d. for excess of Provincial Charges over capitation allowances accruing during the month of June—in all, £1,029,367 3s. 6d. But besides the amount for Colonial Charges brought to account up to the 30th June, there was £101,230 13s. for Interest and Sinking Eund paid in London up to the loth July, 1871, chargeable against the year 1870-71, but not advised to the Colony up to the closing of the year's accounts. We have thus a total expenditure pf £1,130,597 16s. 6d.; and when we deduct from it the receipts above stated, we have left a deficiency of £17,742 Bs. There arc, besides, additional amounts to be provided for before the total liabilities and engagements of the past year are discharged. There is, first, the £50,000 Treasury Bills for which I'some days since informed the House provision would have to be made. There is the Reserve Account of 1870-71, amounting to £40,337 os. 10d., particulars of which have been already laid on the Table; and there are miscellaneous liabilities amounting to £39,437 12s. 10d., particulars of which will be submitted to the House in the form of a separate Estimate. We have thus liabilities amounting to £129,774 13s. Bd.. to be added to the deficit of £17,742 Bs. before mentioned ; but, on the other hand, we have, in addition to the cash assets on the 30th June, certain sums recoverable in respect of expenditure made prior to that date, consisting of balances due by Provinces, sums recoverable from loans, and advances made to the Patea settlers. These assets amount, in the whole, to £70,604 15s. 5d., and reduce the deficit to £76,912 6s. 3d. The result, then, is, that after satisfying or providing for all liabilities and

Eeasons for believin{ depression is being relieved.

Palling-off in Stamp Duties ;

and Postal Bevenuc.

Telegraph Revenue ir excess of 1869-70.

Crown Grants.

Table H.

Total rovenue, 1870--71, £1,112,855 Bs. 6d.

Table E.

Expenditure, 1869, £1,130,597 16s. 6d.,

Leaving a deficiency of £17,742 Bd.

Liabilities for the year, taking assets into account, leave total deficit of £70,912 6s. 3d. I

6

FINANCIAL STATEMENT.

B.—No. 2.

engagements, including the Treasury Bills for £50,000, and providing also for the unauthorized expenditure, there was for the year a deficit of £76,912 6s. 3d. Eull details of the expenditure will be found in the Tables which will accompany the Statement. I shall only refer to one item—that expenditure which has been the bugbear of the Colony for so long a time past. It has constantly been the duty of Colonial Treasurers to announce that the provision made for Defence expenditure had proved to be insufficient. I am glad, therefore, to be able to tell you that out of the £180,000 specially put apart for those services last year, there will be a balance of £7,600, besides that £10,000 worth of ammunition, which will be available for the purposes of the future, have been purchased out of the year's expenditure. £60,000 OVEKDKAFT. In the presence of that absolute deficit, it is essentially necessary that we should take into consideration an amount which has been held over during two years, but which should, in the existing state of affairs, be now finally dealt with. I allude to the £60,000 overdraft, originally obtained in 1868-69, and for which, when I made the Financial Statement for 1869-70, I conceived sufficient provision was made. Last year, as will be remembered, an explanation was given why the amount had not been paid off, and the power restored to the Treasury to use the amount, as contemplated by the Public Revenues Act, to equalize the expenditure of the year, and to anticipate the revenue from time to time. Since then this amount has really passed into a shape not originally contemplated, for it has taken the form of a deficiency which has to be made up, rather than of a sum which could be used to equalize the receipts and expenditure. It is desirable, therefore, that it should be dealt with as a sum for which provision must be made, in order to restore to the Treasury the power of using the amount for the purpose for which it was intended. The explanation has frequently been given, but it must be again referred to, that owing to the peculiar features of the system of finance in New Zealand— such for instance as the time which elapses between the receipt of revenue in the various parts of the Colony and the bringing it to account at Wellington—the actual transactions of the Treasury are always placed at a disadvantage as compared with those transactions as they appear in the books. Thus there was a cash balance of £70,070 17s. on the 30th June, but it was distributed throughout the Colony. The sum in cash in Wellington was only £38,968 Is. lOd.; and in the absence of power to act by a Deficiency Bill, the Treasury was compelled to be tinder advance from another fund. Moreover, the items which appear in the accounts from time to time, as sums recoverable from the Provinces, really represent outlays by the Treasury, creating a deficiency in amounts which should be available for ordinary purposes. I have, therefore, to deal with two questions —One, of making provision for the existing deficiency of £60,000; and the other, Whether power to issue, from time to time, a Deficiency Bill for £60,000, is sufficient under the circumstances of the Colony. The Government are of opinion that the amount of the Deficiency Bill which may be issued should now be increased from £60,000 to. £100,000; and a Bill to that effect will be brought down to the House. As to ] the £60,000 already owing, and which to every intent and purpose has been an t aid to the revenue of the past, we are of opinion, for many reasons, that it is undesirable it should be looked upon as an amount which ought to be added to i the permanent burdens of the Colony. On the contrary, we are of opinion J that, notwithstanding other temporary difficulties, it should strictly be paid out of current revenue, and that within a reasonably short period. Adding the £60,000 to the £76,000 deficit at the end of" 1870-71, there will be^ £136,000 to be provided for. When I come to describe the anticipated expendi- * ture for the present year, and such provision as we deem desirable to be made-' for it, I think honorable Members will conclude with me that we should be placing too great a strain upon the resources of the country, if we determined to meet the deficiency of £136,000 out of the revenue of the present year.

Defence Expenditure leaves £7,600 balance, besides£lo,oooworth of ammunition on hand.

£60,000 overdraft ;

has really become a deficiency.

Amount of Deficiency Bill should be increased from £60,000 to £100,000.

rhe £60,000 not to jo added to Permalent Debt.

Idd the £60,000 to he £76,000 deficit j

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FINANCIAL STATEMENT.

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The country is just now on the eve of recovery from a prolonged period of depression, and to insist upon satisfying the deficiencies of the past year out of the revenue of the current year, would have a retrogressive effect. Eor some years past the majority of the people of New Zealand, from various causes, have not been so fortunate, in the way of accumulating wealth, as they were entitled to expect, especially when the reduction in the value of property is taken into account. We certainly believe that the time has come when the opportunity of increasing the wealth of the country by the industry of its inhabitants is again opened to the residents of New Zealand; but we also believe, that to ask from them, at once, a too large contribution to the revenue, would tend to retard the recovery which all must desire. The Government, therefore, propose that of the deficiency of £136,000, one-third, or £46,000, shall be met out of the revenue of the current year; that the balance shall be satisfied out of the revenue of the next two years; and that Treasury Bills representing the amounts shall be issued. I- hope that honorable Members will recognize in this plan a determination on the part of the Government not to allow the permanent debt of the country to be increased because of any temporary deficiency in the revenue. It is true that we would have preferred charging the whole of the amount in question against the revenue of the present year, but for the reasons I have already enumerated it is not expedient to do so. It cannot, however, be said that the arrangement we propose, at all partakes of the nature of a permanent addition to the burdens of the country. Moreover, there is a precedent in the shape of a similar provision in the case of a deficit in 1860 : the Legislature then decided to spread the deficiency over three years. PROVISIONS FOE THE TEAK. I must now invite the attention of the Committee to the provisions which we submit for the service of the current year. But before entering into details, I will ask the Committee to agree with me generally in the conclusion that some considerable portion of the financial year having already passed, we cannot expect that much gain to the revenue will result before the close of the year, no matter how actively the various measures may be pushed on by which the Government hope to develop the resources of the country, and to increase its population. When honorable Members further consider that we have to commence the year by providing for the deficiency of £46,000, as already described, they will see that there are difficulties of no slight nature in the way of making provision for the services of the year. Ido not think there is any more disagreeable task for a Minister than that of having to meet a Legislature with a statement of financial affairs which comprises a demand for provision for a deficit, instead of the welcome announcement of a surplus. However, such a task I have to perform. Pleasing as it would be to announce a flourishing state of finance, I regret that on this occasion it is not in my power to do so. And since men are sufficiently selfish to feel pleasure at having companions in misfortune, I am not digressing, perhaps, in pointing to the fact that in more than one English-speaking community —and notably in the Imperial country, as well as in Victoria and New South Wales ■—large deficiencies in revenue have recently had to be dealt with. It is not altogether improbable that the reasons Avhich have led to financial disorders at so many points might be traced to some common source; just as, when volcanic eruptions occur in different parts of the world about the same time, scientific men are led to suppose that the causes of those eruptions have had something in the nature of a common origin. I will ask honorable Members at once to agree with.me, that even apart from the deficiency with which we have commenced the year, if we are to continue expenditure on the scale of last year, we shall have to resort to very considerable additional taxation. The first duty of the Government when they find that the expenditure has exceeded the revenue, is to consider whether it is possible the expenditure can be reduced, and to endeavour to establish to the utmost extent a direct relation between the necessary expenditure and the means available. I may

And of the total £136,000, pay onethird from this year's revenue, and the balance during next two years.

This will not be increasing the permanent burdens; and there is a precedent for the proposed course.

Whatever measures may bo adopted, much gain to the revenue during the remainder of this year cannot be txpectcd.

England, Victoria, and New South Wales have had recently to provide for deficits.

Apart from deficit, expenditure must bo reduced, or taxation increased.

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FINANCIAL STATEMENT.

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announce, therefore, that the main feature of the Budget which I am proposing is a material reduction in the expenditure of the country. The Committee will be at no loss to understand that, in the endeavour to arrive at a conclusion how expenditure can he materially reduced, the Government cannot fail to look in the direction of that expenditure which deals with so large a proportion of the Public Service —the money put apart for Provincial purposes and for Provincial Services. Ido not fear that honorable Members will consider an investigation of this kind unjustified. The Provinces can no longer, if ever they were in a position to do so, assert that the Colonial Legislature has not the right to examine into the question of Provincial expenditure. Tear after year, in some form or other, the Colony assumes the exercise of Provincial functions, and the aid of the Colony continues to be given, whether in the shape of credit or in a more direct manner, to the finances of the Provinces. The Colonial Legislature gains not only the right, but finds itself charged with the duty, of taking into account the direction of Provincial expenditure. There are two ways in whioh consideration of the subject may be approached. We may first ask ourselves how far we are entitled to reduce the Colonial contribution'to Provincial revenue on account of the Colony undertaking duties which, under other circumstances, would devolve upon the Provinces. And, under the conditions which lead to the necessity for retrenchment, and which point to the desirability of saving unproductive outlay, again, we may ask ourselves whether it is competent for us to impress upon the Provinces that the system they are pursuing has become somewhat too costly arid expensive. MODE OF RETRENCHMENT.—POSITION OF THE PROVINCES. Much of the expenditure undertaken last Session comes essentially under the head of expenditure which it was originally contemplated should be borne by the Provinces —in other words, the colonizing functions which the Provinces should exercise are being largely taken charge of by this House; and, therefore, in justice to the residents of the Colony, it is right that a corresponding reduction in the contributions out of the general revenue to Provincial purposes should be made. As a Government, we did not disguise last year, when the colonizing proposals were brought down, that although we were averse to anything like an attempt to alter the Constitution, we were quite prepared to declare that if the development of the resources, and the increase of the population, of the Colony, by the action of the General Legislature, should prove to be inconsistent with the Provincial system, we considered the former objects of far more importance than the maintenance of any particular organization, however much we might respect it. At the same time, honorable Members will do us the justice to remember that, in spite of a considerable amount of opposition, we so shaped our plans into accordance with the existing Provincial system as to involve the least apparent necessity for organic constitutional changes. Only a short time has passed since the measures of last year were adopted; and much of it has been occupied with mere details of preparation and organization. Still, some practical experience has been gained; and that experience has convinced us that the legislation of last Session in respect to immigration requires to be amended. I should be doing injustice to my colleagues and myself, were I to allow it to be supposed, as has been asserted by those hostile to the Government, that we were at all indifferent to the subject of immigration. In refutation of such a charge I can point to the request we made to the Commissioners to investigate the whole subject, and to our very earnest expressions of opinion on the question throughout the discussion of last Session. Indeed, the fact that the whole of our plans depends upon the encouragement of immigration, is sufficient to rebut assertions or insinuations that we are half-hearted in the matter. But we felt last year, and had we to begin consideration of the subject again I am sure we should still feel, that it was due to the Provinces —to those institutions which have been the great colonizing agents, and which have brought New Zealand up to its present position —to afford to them the opportunity of co-operating with the General Government in the conduct of immigration. However, from causes which it would occupy much time 3

Material reduction in expenditure will be proposed.

The Colony constantly aids the Provinces, or assumes Provincial functions; Wherefore, Provincial expenditure must be reduced.

Government stated last year that they were averse to altering the Constitution;

But they also stated and state still, that they prefer success of Colonizing measures to maintenance of Provincial institutions.

Experience has proved that policy of last Session in regard to immigration requires amendment.

Government not indifferent to immigration ;

Indeed the success of their plans depends upon it.

Opportunity to co-operate offered to Provinces j

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adequately to analyze, the invitation to the Provinces to co-operate with us has failed to be so successful as we anticipated. lam not desiring to cast blame upon the Provinces. lam willing to admit faultiness in our own proposals, rather than to raise any question of neglect of duty on the part of the Provincial authorities. I can see that, whilst the large means with which we proposed to carry out the colonization of the country have been jealously guarded by the Assembly, it must have been felt by the Provinces that they were asked to co-operate without, perhaps, having the means at their command to do so effectually. Therefore, it may be that hearty co-operation —an effort commensurate with what is imperatively requisite, in common prudence, if the public works we propose are to be carried out —could hardly be expected from the Provinces, while so much of the means for carrying out the plans is kept in the hands of the General Government. I should be indeed sorry to speak disrespectfully of the Provinces; but lam afraid that they have so many existing liabilities, and so many claims upon their various resources, that even if it were possible to expect from them a hearty concurrence, the Assembly would hesitate to meet the difficulties I have pointed out by leaving to them the task of conducting immigration, and placing in the hands of their authorities the larger means they would require to enable them to do so. There is, then, only the alternative of entirely taking from the Provinces all control in the matter; and I have to announce to the Committee, that we propose that the General Government shall relieve the Provinces of the manage!t ment of immigration for the whole Colony. I cannot now enter into the particulars of the manner in which we design to effect this alteration. I may observe, however, that we intend to relieve the Provinces from cost as well as responsibility. The mode in which we propose to manage immigration I shall come to directly; but I must ask the Committee to recollect that the charge of immigration may mean, not only assistance to immigrants, in the way of defraying the whole or part of their passage money, but may also mean, to a large extent, the undertaking of that most important Provincial duty —seeing to the well-being of immigrants after their arrival. I am not prepared to say that our other proposals, concerning Public Works, 1 are so much modifications of the policy of last year as they are a more definite determination of the manner in which that policy shall be carried into effect. At any rate, when I come to describe our financial proposals in respect to the Public Works Department, I think it will be evident to honorable Members that they contain considerable alleviation of the burdens to which the Provinces would be subjected, if, unaided, they were left to carry out large works themselves. There is one feature of the policy of last Session, the success of which it would be difficult to exaggerate. I mean the system we introduced of subsidizing Ptoad Boards throughout the country. So vastly important to the promotion of settlement has that expenditure been proved, that the Government have come to the conclusion that, as a matter of economy—as a matter of investment yielding a direct return —it is desirable the subsidies should be continued and increased. We c propose that instead of £50,000, as voted last Session, £100,000 shall be provided 10 this year; and, as far as we can see, we believe that such an amount should be appropriated annually. We think that the purposes on which the money is to be expended are directly connected with the colonization and settlement of the country. Moreover, they are of a nature calculated to make the railway and other public works expenditure productive, by increasing the means of communication between different parts of the country. After careful consideration, we have come to the conclusion that the amount so to be expended is fairly chargeable to the Public Works Loan, and we shall recommend the House to sanction that course. I ask honorable Members to recollect that, in thus taking charge of the immigration and of a large portion of the public works of the country, the Government will be relieving the Provinces of most important functions—functions which, under other circumstances, would consume a considerable portion of their revenues. We have thus not only an excuse for asking, but we arc bound to ask oixrselves, whether it would be fair to the taxpayers of the country that additional taxation ' should be imposed in order to maintain Provincial revenues at their present rate, whilst, in another shape, some of the principal responsibilities and most useful

But the result not a

Aesembiy would place 1 i/thThancis 0 of Provinces the

Propose to relieve Provmces of the management and cos of immigration.

Proposals as to de_nitions°than rat ICI amendments of last years proposas.

Boad Board subsi•esrfui. •

Proposed to increase to^ioo.oo™; ° '

And to charge tho *oan! m Up°n °

Not fair to increase mai-tain" ProytnciaT revenues.

10

FINANCIAL STATEMENT.

B.—No. 2.

functions of the Provinces are being assumed by the General Government. There can be but one answer to such a question—a negative. And this brings me to a statement of the provision the Government propose to make for the Provinces next year. We find, at the outset, that it will be desirable at once to do away with the system of " Provincial Charges." Since the Provinces are to have a capitation allowance, we conclude that it will be better that what are now known as Provincial Charges shall become General Government Charges. I am alluding only to Departmental Provincial Charges—not to those which have been primarily Undertaken by the Colony on account of the consolidation of Provincial Loans. We propose, then, that the items hitherto treated as Provincial Charges, for General Government Departments, shall be borne on the Colonial portion of the Estimates. There will be only a few exceptions—such as those of the present liability of the Provinces to the Colony ; their liability on account of the conversion of so much of their loans as have been consolidated; the charge for Provincial Auditors; and that for Inland Mail Services. Some other charges which are now Provincial we propose to make special: for instance, the salaries of Gold Fields officials we intend to charge directly to the Gold Fields revenue; the expenditure on Native Reserves we propose to charge to the reserves; and the expense attendant on the Native Lands Courts we shall ask you to charge at once to the land revenue of the Provinces concerned, excepting only : the salary of the Chief Judge and of his Clerk, which it was agreed last year' should be made a Colonial charge. The Capitation Allowance which we propose to pay to the Provinces—after relieving them from Provincial Charges, with such exceptions as I have mentioned, and taking into consideration the various colonizing functions we propose to assume, and the additional subsidy to be given to the Road Boards—is fifteen shillings per head of population. We propose also to reduce by one-half the capitation allowance to the North Island Provinces on account of Native population, and by a like proportion to reduce the special allowance to the County of Westland. Before directing attention to the effects which these proposals will have upon the Provinces collectively and separately, I earnestly ask honorable Members to bear in mind that it is impossible for any scheme for colonizing New Zealand as a whole to be taken into consideration without, to some extent, losing sight of the particular interests of a large number of arbitrary divisions. The effect of our proposals upon the Provinces as a whole is shown by Tables which will be published with the Statement. From these, it will be seen that the aggregate payments to the Provinces this year —including the subsidies to Road Boards, and the amount to be paid out of the Stamp Duties as I will describe directly —will be less by £25,000 than the sum received last year ; so that, supposing the Provinces to give us credit for the extra payment to Road Boards, and the payment to the Public Works and Immigration Fund out of the Stamp Duties, they will still be losers by the amount mentioned. But they will be relieved of the cost of Immigration. Supposing the sum to be spent on Immigration to approach the amount which it should do, the Provinces would be considerable gainers—or, perhaps I should rather say, those who live in the Provinces will be gainers, although so much money will not filter through the Provincial authorities. When honorable Members come to examine the effect upon the Provinces separately, they will be struck with the very unequal manner in which the changes seem to press. For instance, Otago, Auckland, and Nelson, are losers in the order named, whilst Wellington is a considerable gainer. Auckland will be, in proportion, the largest loser, because it has not been in the habit of spending so much upon immigration as to feel much relief from the General Government undertaking the future cost of that work. But here, again, I may say, this is a mere question of the finance of the Provincial authorities —the people of the Provinces will not be slow in deriving benefit from the immigration which it will now be the duty of the Government to promote in Auckland, as well as in other parts of the Colony. Auckland, however, is exceptionally a loser, because its services have uniformly been on a lower scale than those of the

" Provincial Charges " to become Colonial Charges;

But some exception*.

Capitation Allowance, 15s. per head.

Tables I to I (3). Aggregate payment* to Provinces, £25,000 less than last year ;

But they will bu relieved of cost of immigration ; And the settlers, at least, will be gainers.

Otngo, Auckland, and Kelson lose, Wellington gains Auckland largest loser.

The question, however, is rather one of finance of Provincial authorities ; the people will gain by immigration.

11

FINANCIAL STATEMENT.

B.—No. 2.

Contemplated special Auckhind, £2,500. Wellington gains, haveXen exc»"tionally heavy.

Southern Provinces ; and it is in consequence under consideration by the Government to agree to an exceptional allowance of £2,500 to that Province. The reason why Wellington is so much a gainer, can easily be discovered. The Province has hitherto had to pay for services rendered unusually heavy because of the General Government and the Assembly. The charges have, therefore, averaged very much more per head of the population than in other Provinces. It follows that when the Colony takes over the Provincial services, Wellington becomes so much more the gainer. It may however be said with justice, that instead of being a gainer now, it has been somewhat unjustly a loser in the past. I submit that the comparison with last year is not unfavourable; but last year was the Provinces' leap-year —their year of jubilee, of unprecedented receipts from the Colonial chest. Comparing what we now propose with the circumstances of the year before last, I find that they gain £28,997, irrespective of the expenditure that will be devoted to Immigration. The legislation of last Session, as well as what we now propose, relieves the Provinces of some work for the performance of which they were originally constituted. The Provinces also, very wisely exercising their poAvers, have constituted Road Boards within their own limits. They have thus relieved themselves of powers, which, by their Constitution, they might specially have retained. In short, the sphere of their duties has become contracted; and in presence of the deficiency in the revenues of the country, it is essential to impress upon them that, by reducing their machinery, they must reduce their expenditure. We are of opinion that if the Superintendents became members of the Provincial Councils, the cost of the Provincial departmental services would be reduced, and that simplicity and economy would result, without impairing the efficiency of the system. We propose to give to each Superintendent power to sit, ex officio, in the Council of his Province ; and we shall suggest to the House to make provision to enable the number of members of Provincial Councils to be very much reduced. In certain cases where Provinces are unable to fulfil their functions, we propose that the General Government shall take charge of their affairs. If the Assembly should so desire, the Government will be willing to leave these reforms, or some of them, to the option of the existing Superintendents and Councils. As to the County of Westland, we propose that special arrangements, to be explained hereafter, shall be made. Without going more into detail at the present, I desire to impress upon the Committee that the Government intend to submit to the House some change in Provincial organization, with the object of simplifying Provincial institutions, and reducing their cost. PUBLIC WOEKS. I will now place the Committee in possession of information as to the course the Government propose to adopt in respect to Public Works and Immigration. A part of what I have to state will be merely indicative of the mode of giving effect to already existing provisions; but some of the proposals involve departure from the specific forms of the measures of last Session. The Committee will not be surprised at such departure, in the way of amendment, being required ; for, carefully as the proposals of the Government were framed and considered last Session, it was to be expected that, as they were tested by experience, some modifications would be found necessary. I shall describe our present proposals as much in detail as is consistent with such a Statement as lam now making; leaving fuller details to be supplied by my colleague the Minister for Public Works. Honorable Members have already had in their possession for some time the. text of the arrangement as to railways entered into in London with Messrs. Brogden and Sons. By that arrangement the Government have power to choose between two contracts : one of which is to all intents and purposes within the scope of the authority given last Session, whilst the other is sufficiently varied in its provisions to require special legislation if it is to be selected. By each contract the profits of the contractors are limited to 5 per cent, upon the actual

Comparison with last year not unfavom-

But compared with year before last, Provinces gam £28,987. How Provincial Harrowed! 6

Superintendents to of Provmciai mC " Councils; membcUrTtorbe f reduced.

Some of these reforms may be optional. Spcciai arrangements far Westland.

Modifications necessary.

Railway arrangeBro"denandSons'-

12

FINANCIAL STATEMENT.

B.—No. 2.

outlay for constructing1 the works which it is estimated they will have to sustain. In one case, the guarantee is for 5-| per cent.; whilst in the other case the guarantee is somewhat less, and a bonus in land is to be given. Of the two contracts, the smaller is probably the more favourable to the Colony; and it comes within the scope of the arrangements which the Government were authorized last Session to make. If the House decide this Session to authorize the construction of railways to an extent greater than that of those authorized last Session, arrangements in excess of those provided for by the lesser contract will have to be made. The Assembly has the power to choose between the two contracts ; and it is quite competent for the House to put the Government in possession of its opinions as to the lines which it is desirable should be constructed. Mr. Alexander Brogden, M.P., the head of the contracting firm, is expected to arrive in New Zealand for the purpose of negotiating with the Government respecting the nature of the lines it may be desired to construct under the contracts or either of them ; and it is the intention of the Government to submit the whole question to the Assembly. Whilst it would not be competent to insist upon the rejection of both contracts, it will be quite open to the Legislature to provide only for the acceptance of the smaller contract; or, as an alternative, to specify such alteration or alterations in either of the contracts as it may desire should be made. If the House desires that each of the railways to be contracted for shall be subject to separate and special provisions, no doubt arrangements to that effect can be made with Messrs. Brogden in lieu of both contracts. In short, lam of opinion there will be no difficulty in making, to any reasonable extent, such alterations in the terms as the House may deem desirable. From what I have said, honorable Members will conclude that the obvious course before considering the contract question is, to determine what raihvays shall be constructed. The Government intend, therefore, to submit to the House the railways which they consider should be authorized; and when a determination has been come to by the House upon that question, it will be a comparatively easy task to decide to what extent either or both of the contracts shall be taken advantage of, or in what direction either or both of them shall be amended. We undertook last year that we would propose the establishment of a Board of Works for the Colony ; and after mature consideration, we are inclined not only to redeem that promise, but to go much further in the direction of giving powers to that Board than we were ready to do last Session. There are many reasons which lead the Government to the conclusion that it is in every way desirable the conduct of Public Works and Immigration should be divested of political surroundings; and, as far as the House may deem consistent with its own privilege, we propose to assign something like independent powers to the Board we shall ask the Assembly to constitute. Without going narrowly into details, I may say that, in order that the President of the Board may have powers such as it is desirable he should possess, we incline to the course of allowing him to be a Member of the Assembly, though not a Member of the Cabinet. As to the further constitution of the Board, the Government will at an early date make an explanation. It will be the duty of the Board to take charge of the construction of Public Works; and especially it will be their duty —and one to which we hope they will devote a very large share of attention —to carry out, on as comprehensive a scale as they may conceive to be desirable, a system of Immigration, combined with proper attention to the settlement and employment of the immigrants. I desire to express the hope that the Board will assist in preventing this House from acquiring too much of what, for convenience sake, I will call a Provincial character. Honorable Members who are aware of the working of Provincial Councils understand that one of the most important duties of Provincial Councillors is to plead for the construction of particular Avorks, which they conceive will be for the benefit of the districts they represent. Very much of the exceptional character which the Assembly of New Zealand preserves, I consider to be a consequence of that freedom from absolutely local discussions which has not characterized the chief Legislatures in other Colonies. It would be nothing short of a misfortune, if, because of the assumption by the Colony of the 4

Assembly can choose between the two arrangements.

Only tho smaller contractmaybo accepted; Or special arrangements for each railway may be negotiated.

The House should first decido what railways shall be authorized.

Board of Works and Immigration for the Colony;

To be as far as possible non-polit'ica% And to liava something like independent powers.

House should bo kept freo from entirely local discussions.

13

FINANCIAL STATEMENT.

B.—No. 2.

charge of Immigration and the construction of Public Works, the Assembly were to become a body in which Members would deem it to be their duty to scramble for public money to be expended in their own districts. The Government hope, therefore, that in the constitution of the Board of Public Works and Immigration the House will be inclined to provide that recommendations for the >f construction of works shall come through the Board, instead of being originated in the House, and being made throughout the Session the subject of constant disagreements, or what perhaps is worse, of agreements between honorable Members. I have now to ask the attention of the Committee to one of the most difficult subjects before us, —the mode of charging the cost of railways. Very careful consideration of the subject generally, and especially a consideration of the means by which railways can be constructed, has brought us to the con- ; elusion that those specific provisions as to Provincial charges which we proposed last year must be somewhat modified. In other Colonies, when it is resolved to construct railways, one or two lines are selected: the question of the construction of other lines being left for future consideration. But the peculiar manner in which New Zealand has been so far settled —resulting as it has in the formation of several communities such as would in ordinary phrase be termed Colonies —makes it a matter of impossibility to confine railway construction to a particular part or parts of the Colony; and lam not prepared to say that it would be just to attempt to do so, even if it were possible. In New Zealand, the commencement by the Government of any one railway, means a necessity for the commencement of sevei'al others. Such being inevitably the case, we have also to consider that the varying circumstances of different parts of the country make it quite impossible—although the Government thought otherwise last year —to comply with one unvarying rule of local id charge. Strictly to carry out the provisions of last Session would really involve °f the total neglect of railway construction in important portions of the country. to Still we must not open the door to a too lavish construction of railways. I desire to lay down two principles which we consider most important:—One, that no railway should be constructed which does not promise to at once pay working expenses; the other, that, to prevent indiscriminate scrambling for railways, a power of local rating should, in certain contingencies, be provided. Anxious consideration has led the Government to the conclusion that for the construction of railways in parts of the North Island, the best course to be adopted will be to acquire such an extent of land as, taking into account its value when subjected to profitable modes of disposal, will cover the cost of the railways constructed, or the charges their construction will entail on the Colony. But this plan would perhaps not be suitable to a part of the North Island; nor, for more than one reason, would it be suitable to the Middle Island, and especially for the reason that it would interfere too largely with the existing Land Laws of Provinces in that Island. It should be carefully remembered, in carrying out the policy of public works, that inasmuch as it is a new policy, it is not desirable to make any larger alteration in the existing state of things than is, from time to time, shown to be necessary by the actual test of experience. Therefore, we propose, instead of taking land for the construction of railways in the Middle Island, to make the annual charges connected with the railways —and I shall describe presently how these annual charges will arise—special charges against the Land Revenues of the Provinces concerned. Where those revenues are insufficient, land will have to be taken; but whilst the Land Revenue of a Province is sufficient, and no reason is shown for the adoption of any other course, we conclude that it is not desirable there should be any organic interference with the Land Laws existing in that Province. We do not propose any alteration in respect of the Middle Island Railway Eund. While giving powers to the Government to take such lands as they may find necessary for the settlement of immigrants, we propose that where the Land Revenues are bui-dened with the cost of railways, fair provision shall be made for giving compensation for the lands acquired. The Government propose that the Public Works and Immigration Eund shall be kept entirely distinct from the ordinary public accounts; that the revenues from all the lands acquired, as well as all. recoveries from the revenues of

Recommendation o with the Sri. °

Provincial charging «um_t-estrictly carried out.

Ttfcarry it out, would raiiTOy°con_tCraction f Principles to regulate decision as to

Arrangements for

Middle island.

Middle island Railway Fund not to be

Fund"to be kept

14

FINANCIAL STATEMENT.

B.—No. 2.

Provinces, including recoveries on account of purchases of land and for water supply to the gold fields, and repayments from Immigrants, shall be paid to the Public Works and Immigration Eund Account. We hope that no consideration of present difficulties will interfere with the determination arrived at last year, that one-half the amount yielded by the Stamp Duties shall be made available for Public Works. It is part of our proposals that that amount shall be paid to the Public Works and Immigration Fund Account. On the other hand, we propose that all payments on account of Public Works, and for interest and sinking fund on the loan, shall be made out of the fund named. Let it not be supposed that we make the provision in respect to the payment of interest and sinking fund for the purpose of reducing the charge upon the ordinary revenue. The contribution from the Stamp Duties to the Public Works Fund, together with the receipts for interest on the money unexpended, will more than cover the year's charge for interest and .sinking fund. If, when any railway is completed, it be found that the revenues derivable from it are not sufficient to pay the interest on its cost, our proposal is that, after taking into account the receipts arising from the special contributions made in its behalf, any deficiency, whatever its amount, shall be recovered from the Province within which the railway is situated ; or, if necessary, that a special rate shall be levied upon the persons in the vicinity of the railway, who derive benefit from its construction. We shall propose a plan by which the Board will be able to construct feeder-branches for the railways, under a system of partial guarantee from the persons benefited by their construction. On the petition of a certain majority of residents owning a certain majority in value of the land in a district contiguous to a main railway, the Board should decide to construct a cheap branch line, and to recover by means of a rate, if necessary, a stated portion of the annual charge which the construction entails. The Middle Island Railway Fund, we, of course, still propose shall be devoted to the Provinces to which it belongs; and as a matter of account, when determining the amount due by the different Provinces, credit will be given them for their share of the Stamp Duty contributions. EXPENDITURE POE THE YEAE 1871-72. If honorable Members will bear in mind the statements I have already made, they will have no difficulty in following me whilst I explain the proposed

One-half Stamp Duties to be paid to the fund. All payments for works, interest, &c. to be made out of the fund.

Deficiency of interest, &c, to be recovered from Province; Or a special rate levied upon persons benefited. Feeder branches may be constructed by Hoard, on guarantees from those interested; to bo recovered by special rates.

expenditure of the year 1871-72. It will be as follows :— £ s. d. £ s. d. Civil List ... ... ... ... ... 27,500 0 0 Permanent Charges ... ... ... ... 321,269 14. 2 Do. Provincial ... ... ... ... 182, CG2 0 0 Class I.—Public Domains and Buildings ... ... 2,550 0 0 Class II.—Public Departments ... ... ... 62,115 12 8 Class III.—Law and Justice ... ... ... 40,303 16 0 Class IV.—Postal &a. Services ... ... ... 110,631 0 0 Do. Provincial ... ... ... 24,200 0 0 Class V. —Customs Department ... ... ... 48,130 7 0 Class VI—Native ... ... ... ... 24,233 5 0 Class VII. —Miscellaneous, Special, and Temporary ... 27,208 17 8 Class VIII.—Militia and Volunteers ... ... ... 28,393 13 0 Totals ... ... ... ... 698,342 (5 6 200,262 0 0 Colonial Charges ... ... ... ... ... 698,342 6 6 Capitation Allowance ... ... ... ... 192,195 0 0 Special Allowances — Westland ... ... ... ... 1,919 12 6 Auckland ... ... ... ... 1,500 0 0 Taranaki ... ... ... ... 250 0 0 ■Wellington ... ... ... ... 750 0 0 Hawke'sBay ... ... ... ... 1,500 0 0 198,114 12 6 £890,456 19 0 Moiety of Stamp Duty to be paid to Public Works Account of Provinces ... 40, 000 0 0 On account of deficiency of past year ... ... ... ... 46,000 0 0 £982,456 19 0

Estimated Expenditure 1871-72, £982,466 19s.

15

FINANCIAL STATEMENT.

B.—No. 2.

The expenditure for the year, then, will be £890,456 195., exclusive of the deficiency, and exclusive of the half of the Stamp Revenue to be paid to Public i Works. Last year, my Estimates, including £50,000 for Road Boards, amounted to £1,050,702 os. 3d., • and the Supplementary Estimates included amount to £34,779 4s. 3d. more, exclusive of the votes for Engagements and Liabilities. Honorable Members will be able to judge that the expenditure is on a much reduced scale. I ask them to remember this, for lam desirous that the Budget of this year should be known as the Retrenchment Budget. I will attempt to make a more minute comparison between the estimated expenditure of the past and present years. It is not so simple as at first thought might appear, to institute the comparison; because the Estimates are now framed so as to exclude Provincial Charges, with the exceptions previously mentioned. However, I think I shall be able to leave on Members' minds a tolerably clearnotion of the different rates of expenditure proposed by the two Estimates. Leaving out of them the Permanent Charges which are fixed by law, I place side by side the estimated expenditure of the two years, on the eight classes into which the Estimates are divided. As for the present year I have General and Provincial Charges coupled, I will perform the same operation with the Estimates, of the last year.

Last year's Estimates, £1,050,702 Os. 3d.

Comparative cost of Departments, 1870-71, and 1871-72

There appears, then, on the face of the Statement, to be a saving of £50,375 15s. lOd.; and this saving would be larger by £8,614 155., but for a sum. of £2,500 for Education, and an extra sum of £6,114 15s. for the Land Transfer Department, which I am glad to remind the Committee has already achieved a great success. These sums, added to the savings, bring them up t0£58,990105. lOd. On the other hand, this amount should be reduced by the transfer to Land Revenue of the Native Land Courts and Surveys, and to Native Reserves of the salary of Trustee, Clerk, and Commissioner, together inaking £9,512. But, again, it should be mentioned that against the Defence Loan there is a charge of £20,000 less this year than last, for Defence purposes. There may be other items, on either side, more or less exceptional; I have referred to those which occurred to me. In regard to any remarks which may be made as to this or that item of saving, I have to remind honorable Members that all saving means the avoidance of expenditure in one way or another; and it may be said of items of exceptional expenditure, that unless in the presence of a determined desire for economy,, each year may readily be supplied with its own share of such expenditure. I will add, generally, that some part of the saving consists of a reduction in the number of officers ; and that we hope by next year to make farther reductions. We propose to adopt the system of direct payments from the Treasury, and by this means to dispense with several Treasury officers in different parts of the country. I will now say a few words with regard to such of the Departments as seem to require explanation. Class 11., Public Departments, shows apparently a large increase on the previous years. But the explanation is, that the items Land Transfer and Registry of Deeds have been removed from Class 111., Law

Saving Hiia year, £50,375 15s. lOd.

Direct payments from Treasury.

16

FINANCIAL STATEMENT.

1870-71. 1871-72. Saving. Excess. Appropriations:— Class I.—Public Domains „ It.' —Public Departments „ III.—Law and Justice ... „ IV.—Postal Services „ V. —Customs Department „ VI.—Native ... ,, VII. —Miscellaneous ,, VIIL—MilitiaandVolunteers £ b. d. 2,800 0 0 44,533 15 8 60,886 2 0 140,949 0 0 5(3,617 5 0 34,324 5 6 49,510 15 0 £ I. d. 1 2,550 0 0 62,115 12 S 40,808 16 0 140, 881 0 0 48, 13G 7 6 24,238 5 0 27,208 17 8 £ s. d. 250 0 0 20,582 6 0 118 0 0 8,480 17 G 10,091 0 6 22,301 17 4 £ s. d. 17,581 17 0 34,527 5 0 28,393 13 6 0,133 11 6 424,148 S 2 373,772 12 4 | 67,957 12 10 17,581 17 a Net iaving £50,375 15 10

B.—No. 2.

and Justice, which shows a saving greater than the increase of the other class. Adding the two classes together, there is a saving of £3,000 95.; although in the joint amount there are included the charges for Education, and the additional expenses required by the Land Transfer Department. If these two items, together amounting to £8,614 155., be added to the saving of £3,000 9s. there will be, as compared with the previous Estimates, a saving of £11,615 4s. The total Post Office expenditure, including a full provision for the Californian Service, shows a reduction of £118. The Customs Department shows a material reduction. There is a saving in the Native Department, but it mainly arises through the transfer of the Native Lands Court charges to Land Revenue. In the Miscellaneous department, there is a very large reduction, and also one in the Defence, as well as a less charge of £20,000 on the Loan for Defence Purposes. To recapitulate, then, the total expenditure will be, for Current Services, including Permanent Charges and Capitation Allowance, £896,456 195., to which has to be added £40,000, one-half the Stamp Duties, to be paid over to the Public Works Fund, and £46,000 on account of the previously explained deficit; making a total of £982,456 19s. Let honorable Members recollect that though this is a Retrenchment Budget, the retrenchment is on unproductive services : we make provision for a large previous deficit out of current revenue, and we devote half the Stamp revenues to public works. "WATS AND MEANS. We can now approach the consideration of the Ways and Means. We have to provide for an expenditure for current services amounting to £896,456 ; to which has to be added £46,000, as the portion to be paid this year of the deficiency already stated, and £40,000 for one-half the amount of the Stamp Duties; making in all £982,456, for which provision will require to be made. The Committee will bear in mind that this total is very much less than the sum which in previous years has had to be provided for; but that the revenue last year showed a considerable falling off. If it were fair to conclude that that falling off was entirely of a permanent character, we should ask ourselves the question, whether it is not our duty to advise the adoption of means to restore it; but impressed as we are with the conviction that, in the course of a short time, there will be a satisfactory restoration of the revenue, we desire to avoid what, for many reasons, would be most unacceptable to the country at the present time —an increase of taxation. We deem it necessary, however, that the Stamp Duties should be brought up to the full amount of £80,000, which we last year estimated they would yield, during 1871-72. To secure that result, we propose to make some few additions to the duties, which will not, however, as we believe, make those duties exceed what should have been sanctioned when first they were imposed. We also intend to propose a moderate duty upon Cereals, Rice, and Timber. I deem it right to mention this at once, although we do not actually take credit for the estimated amount in the Ways and Means which I am about to disclose. Those Ways and Means will make apparent a small excess over the estimated expenditure for the year; but seeing the possibility, or probability, of our having to bring down Supplementary Estimates, and the almost certainty that this year there will be, as there has been during previous years, some unauthorized expenditure, we do not consider the stated excess to be sufficient; and we shall, on some future occasion, recommend the House to impose duties on Cereals, Rice, and Timber, so as to raise an estimated amount of £7,500. Whilst these recommendations will be made strictly on revenue grounds, it may with propriety be urged that the fiscal policy of the neighbouring Colonies —which has practically culminated in the exclusion of our cereals from their ports —makes necessary on our part the imposition of a duty, not so great as theirs, but which will to some extent lead them to infer, that in shutting out our productions they have entailed upon us the necessity of finding a market for our grain within our own limits. It is worthy of being remembered, that one of the neighbouring Colonies, which has carried on for years a most profitable trade with New Zealand, and continues to supply to the Colony goods to a very 5

Recapitulation as to this year.

Expenditure of £082,456 to be provided for.

Increased taxation undesirable; But Stamp Duties should be made to yield £80,000, as estimated last year. Duty on Cereals, Rice, and Timber,

To yield £7,500.

These duties recommended on revenue grounds, but otherwise defensible.

17

FINANCIAL STATEMENT.

B.—No. 2.

large amount annually, has hitherto persistently declined to contribute to the mail subsidies which New Zealand has paid for communication with that Colony. I proceed to state the details of the estimated revenue for the year; and I will place opposite to them the estimated and the actual receipts last year, from the same sources of revenue:—

Estimated Revenue, 1871-72, £990,000.

An increase of £55,000 on receipts, 1870-71.

* This includes all Miscellaneous Fees and other items. These Estimates, it will be observed, show an expected increase of £55,000 on the actual receipts of 1870-71. They have been framed with care, and the Government believe that the amounts set down will be realized. The rate per head of the taxation now proposed will be much less than in former years. For example, in 1867, the Customs Duties amounted to £3 16s. 7f d. per head of the European population, while those now suggested —with the contemplated duties on cereals, rice, and timber —will represent only £2 19s. l|d. per head. I shall be glad when the time arrives for making absolute reductions in the Customs Duties, besides the reduction in the contribution per head consequent upon increased population. Amongst other causes affecting the revenue, I would specially refer to the operation of the Distillation Act. lam strongly advised that if something be not done with respect to increasing the Excise Duty upon spirits distilled in the Colony, we shall find the revenue very seriously affected —much more seriously than we should be justified in allowing in return for the encouragement to the growth of grain which local distillation affords. The Government do not wish to make any immediate increase, which might press harshly upon those engaged in the industry; but we intend to propose to the House to provide that, on and after the Ist June, 1873, the Excise Duty on spirits distilled in the Colony shall be increased by 2s. a gallon ; which will make the duty Bs. as compared with 12s. upon imported spirits. Such a difference, we consider, should be sufficient to leave a large margin of encouragement for the industry of the local producer. The results hitherto rather point to the conclusion that the country is put to too heavy an expenditure for the encouragement of the industry. Eorty-three thousand bushels of grain have produced 84,220 gallons of spirit. The loss to the revenue on that quantity of spirits represents £25,266, which is rather a large sum to pay by way of encouragement for the growth of 43,000 bushels of grain. I have said that the falling off in the Customs Duties may mean not only that the people have less to spend, or that they are more inclined to economize, but that it may and does mean that they more largely avail themselves of the producing-poAver of the country. I can give to the Committee the result as to beer, the duty on which, in 1866, amoimted to £52,268 ; while in 1870, the amount was only £16,204 —showing a falling off, during four years, of £36,064. This reduction is not, I believe, consequent upon diminished consumption;

Rate per head of Customs Duties, 1867, £3 16s. 7id.; But, as now suggested, only £2 19s. lid. per head.

■ Operation of Distillation Act, has considerably diminished revenue.

Proposed that in June, 1873, Excise Duty shall be raised from 6s. per gallon to Bs.

43,000 bushels grain, consumed in producing 84,220 gallons spirits; but revenue has lost £25,266. Seduced Customs receipts may mean, frugality of the people; or, increased consumption of locally-produced articles. Duty on Beer, in 1866, £52,268; in 1870, only £16,204.

18

FINANCIAL STATEMENT.

Estimated, 1871-72. Estimated, 1870-71. Actual, 1870-71. Customs—Duties, Rents, Seizures, &c. Bonded Stores Fees, Marine Act, including Light Dues Fees, Arms Act „ Sundry Acts Stamp Duties ... 3ostal [telegraphic fudicial Fees and Fines Jegistration of Land „ Deeds „ Births, Deaths, and Marriages ?ees on Issue of Crown Grants ... „ Miscellaneous ncidental Receipts £ 750,000 4,500 s. d. 0 0 0 0 £ s. d. 810,000 0 0 4,500 0 0 £ s. d, 732,130 2 ] 4,229 11 S 6,000 1,580 1,785 80, 000 45,000 28, 000 33,000 5,000 15,000 2,750 10, 000 2,590 4,295 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 70,000 0 0 52,000 0 0 25,000 0 0 5,706 15 6 1,580 18 C 1,826 0 2 55,621 1 I 43,086 15 C 22,545 16 4 31,099 18 8 ! 19,234 7 ? 7,638 18 6 1,931 16 6 8,732 9 £ •90,000 0 0 Total 990,000 0 0 1,051, 500 0 0 985,364 10 li

B.—No. 2.

probably a great deal more beer is drunk in the country now than when the larger amount of duty was paid. Already, though to a smaller extent than in the instance cited, the revenue has been affected by the home-production of many other articles. I make these remarks to the Committee in order that it may be borne in mind that diminished consumption and increased population have resulted in very much reducing the rate per head contributed by the population to the Import Duties. Deducting the amount of the estimated receipts from that of the estimated expenditure, we have a surplus of £7,544. It is to be recollected that this is a result obtained without having resort to further taxation, unless the additions we propose to make to the Stamp Duties may be considered in that light; and that there is included an expenditure of £46,000, to make good deficiencies of the past, and a contribution of £40,000 out of the ordinary revenue in aid of the Public Works and Immigration Fund. Though I am not able to congratulate honorable Members upon the result being all they could desire, I am quite sure that a great majority of the Committee expected one much less favourable. Large and important as are the proposals I have had the honor to submit, they are only such as the Government believe the circumstances of the country require. It is said that every cloud has a silver lining; and the cloud that has overshadowed New Zealand will indeed have shown to us its silver lining, if, when it departs, the gloom of the past year is displaced by sober hopes of renewed prosperity, accompanied by a determination to economize, while putting to their best uses the great resources at our command. The policy of retrenchment, which, associated with the policy of colonization, we lay before the Assembly, has been born of depressing conditions ; but it may be hoped that long after the imperious necessity for retrenchment which this Budget discloses has passed away, we shall still remember the lesson of economy and frugality it has taught us. If so, not only shall we regain lost ground, but year after year New Zealand will continue to advance, greatly aided by virtues that have grown out of adversity. The Government will be glad to think that the proposals now made can be considered by the House rather with respect to their own merits than as party questions. The policy of last Session, and the approval which the Legislature and the Country bestowed upon it, destroyed the old landmarks of party. It will be well if, for a while before new parties are formed, the animosities of' the past can be buried with the party conflicts which gave them birth. lam '■ far from deprecating party action; and the Government will respond to any •■ challenge which fairly partakes of a party nature. Still, I refuse to believe that personal animosities or purely local considerations are to be elevated to the dignity of party questions; and if such is to be attempted, the warning may not be out of season, that the interests at stake are far too important for the country to sanction their being converted into the playthings of imaginary parties. It is essential that, at a time like the present, there should be a strong Government; s and we cordially invite the support of all those honorable Members who are able' to approve of our plans, and who are disposed to subordinate party feelings to a desire to aid us in giving effect to the measures which we believe the welfare of the country demands.

Surplus on the year, *7541

Proposals largo and ""^"a^Govemment think nuaiiary.

Party landmarks deBtroyed; personal feelings sh°"i<i be forgotten.

strong Government essential for the wei-

19

FINANCIAL STATEMENT.

B.—No. a.

Table A. STATEMENT showing the DEBENTURES and TREASURY BILLS in CIRCULATION under the several Loans of the New Zealand Government, the Amount of Sinking Fund Accrued, the Balance of Indebtedness, the Amount of the Annual Charge, and the Proportions in which the several amounts are divisible between the Colonial and Provincial Governments.

21

TABLES REFERRED TO IN THE FINANCIAL STATEMENT.

NeZealand Government. Amount of Debentures in Circulation on June 30, 1871. Annual Charge. Act authorizing the Loan. Sinking Fund accrued to June 30, 1871. Total Debt after deducting Sinking Fund. Interest. Sinking Fund. Total. Ordinance of Legislative Council " New Zealand Loan Act, 1856 "... " New Zealand Loan Act, I860"... "New Zealand Loan Act, 1863"...: " Now Zealand Debentures Act,! 1864," and Amendment Aet,1865' " Consolidated Loan Act, 1867" ...: 11 Defence and other Purposes Loan Act, 1870"... ■' Immigration and Public Works Loan Act, 1870" ... ... Treasury Bills ... ... £ s. d. 316 0 O 156,000 0 0i 93,100 0 0' 1,519,400 0 0 £ s. d. ' 45,651 5 4 ' 24,225 13 8 103,988 16 11 £ s. d. 316 0 0 110,348 14 8 68,874 6 4 1,415,411 3 1 £ s. d. £ s. d.j 6,240 0 0 3,120 0 0; 5,586 0 0' 1,862 0 ol 76,284 0 0 20,508 0 OJ I £ «. d. ! 9,360 0 0 7,448 0 O j 96,792 0 0 150 0 0; 2,046,400 0 0 65,910 13 9 150 0 0 1,980,489 6 3 102,320 0 0 20,464 0 OJ ! 1 16,350 0 0 3,270 0 0 [ 122,784 0 0 327,000 0 0 327,000 O 0 *19,620 0 O | 750,000 0 0 I 520,000 0 0 750,000 0 0 520,000 0 0 37,500 0 0 7,500 0 0 31,319 7 6 45,000 0 0 t31,319 7 6 5,412,366 O 0 239,776 9 8 5,172,589 10 275,599 7 6 56,724 0 0 332,323 7 6 * £3,000 will eventually be chs t This is the usual annual cliai irgeable to Otago. •ge, but one day's interest is adde id in Estimates lecause of Leap-year. Provincial Go VEKNMENTS. Auckland— " Auckland Loan Act, 18S3 " •• New Zealand Loan Act, 1856"... "Consolidated Loan Act, 1867" ... " Defence and other Purposes Loan Act, 1870" 31,600 0 0 90,000 0 0\ 510,550 0 0 1,407 0 0 26,337 5 5 16,443 17 0 30,193 0 63,662 14 494,106 3 1,896 0 0 3,600 0 0] 25,527 10 0 632 0 0 ] 1,800 0 0 5,105 10 0 2,523 0 O 5,400 0 0 30,633 0 O 50,000 0 0 50,000 0 2,500 0 0 500 0 0J I 3,000 0 O I i I Total, Auckland 682,150 0 0 44,188 2 5 637,961 17 7 33,523 10 0 8,037 10 0 41,561 0 0 Tabanaki— "Consolidated Loan Act, 1867" ... " Defence and other Purposes Loan Act, 1870" 25,000 0 0 805 4 0 24,194 16 0 1,250 0 0 250 0 0 1,500 0 O 6,000 0 0: 6,000 0 0 300 0 OJ 60 0 Oj 360 0 O Total, Taranaki I 31,000 0 805 4 30,194 16 1,550 0. 0 310 0 0 1,860 0 0 Wellington— " New Zealand Loan Act, 1856"... "Consolidated Loan Act, 1867"... " Consolidated Loan Application Act, 18G9" " Wellington Loan Act, 1862 " ... "Wellington Loan Act, 18.66," No. 3 " Defence and other Purposes Loan Act, 1870" 27,000 0 0 133,629 0 0 72,000 0 0 2,000 0 0 7,901 3 7 4,303 18 9 1,364 19 11 19,098 16 5 129,325 1 3 72,000 0 0 635 0 1 1,080 0 0 6,681 9 0 4,320 0 0 160 0 0 540 0 0 1,336 5 9 80 0 0 1,620 0 O 8,017 14 9 4,320 0 0 240 0 0 10,327 10 0 1,801 15 7 8,525 14 5 826 4 0 206 11 0 1,032 15 0 17,000 0 0 lTyflOO 0 0 850 0 0 170 0 0 1,020 0 O Total, Wellington 2,332 16 9 16,250 9 9 261,956 10 Oj 15,371 17 10 246,584, 12 2 13,917 13

B.—No. 2.

22

FINANCIAL STATEMENT.

Table A continue STATEMENT showing Debentuees in Ciecula-; 'ion, &c.— continued. PeOTINCIAL GrOVEBNMENTS— COtlti; wed. Amount of Debentures in Circulation on June 30, 1871. Annual Charge. Act authorizing the Loan. Sinking Fund accrued to June 30,1871. Total Debt after deducting Sinking Fund. Interest. Sinking Fund. Total. £ s. d. £ s. d. £ b. d. £ s. d. £ s. d. £ s. (1. Hatyke's Bay— " New Zealand Loan Act, 1856".. "Consolidated Loan Act, 1867".. " "Wellington Loan Act, 1866 " .. 27,000 0 0 83,171 0 0 3,172 10 0 7,901 3 7 2,678 15 7 19,098 16 5 80,492 4 5 3,172 10 0 1,080 0 0 4,158 11 0 253 16 0 540 0 0 831 14 3 03 9 0 1,620 0 0 4,990 5 3 317 5 O Total, Hawke's Bay 113,343 10 0 10,579 19 2 102,763 10 10 i 5,492 7 0 [ 1,435 3 3 6,927 10 3 Nelson— " New Zealand Loan Act, 1856"... "Consolidated Loan Act, 1867"... " Nelson Waterworks Loan Act, 1864" ... *35,948 7 3 27,871 7 7 10,519 16 0 897 13 8 25,428 11 3 26,973 13 11 1,437 18 8 1,393 11 5 -718 19 4 278 14 3 2,156 18 0 1,672 5 8 14,200 0 0 2,048 13 4 12,151 6 8 1,136 0 0 284 0 0 1,420 0 0 Total, Nelson ... 1,281 13 7 5,249 3 8 78,019 14 10 13,466 3 0 64,553 11 10 3,967 10 1 Maei.bobottgh— ■ " New Zealand Loan Act, 1856"... " Consolidated Loan Act, 1867" ... *9,051 12 9 7,878 12 5 2,648 16 8 253 15 1 6,402 16 1 7,624 17 4 362 1 4 393 18 7 181 0 8 ' 78 15 9 543 2 0 472 14 4 Total, Marlborough 16,930 5 2 2,902 11 9 14,027 13 5 755 19 11 259 16 5 1,015 16 4 Casterbtoy— "New Zealand Loan Act, 1856"... "Consolidated Loan Act, 1867"... * Canterbury Loan Ordinance, 1856" ...' " Canterbury Railway Loan Act, 1860" ... " Canterbury toun Ordinance, 1862" ... ... , ... 51,230 15 5 561,680 15 4 830 15 5 14,991 19 9 18,090 13 6 830 15 5 36,238 15 8 543,590 1 10 2,049 4 7 28,084 0 9 66 9 3 1,024 12 4 5,610 16 2 3,073 16 11 33,700 16 11 66 9 3. 53,792 6 2 53,792 6 2 3,227 10 9 3,227 10 9 15,784 12 4 15,784 12 4 947 1 6 947 1 6 Total, Canterbury .683,319 4 8 33,913 8 8 649,405 16 0 34,374 6 10 6,641 8 -6 41,015 15 4 Wkstland— " New Zealand Loan Act, 1856"... " Consolidated Loan Act, 1867"... "'Canterbury Loan Ordinance, 1856" ... " Canterbury Kailway Loan Act, 1860" ... " Canterbury Loan Ordinance, 1862" ... 22,769 ■ 4 7 153,369 4 8 369 4 7 6,663 2 1 4,939 14 8 369 4 7 16,106 2 6 14S, 429 10 0 910 15 5 7,668 9 3 29 10 9 455 7 8 1,533 13 10 1,866 3 1 9,202 3 1 29 10 9 23,907 13 10 .23,907 13 10 1,434 9 3 1,431 0 3 7,015 7 8 7,015 7 8 420 18 6 420 18 6 Total, Westland 207,130 15 4 11,972 1. 4 195,458 14 0 10,464 3 2 1,989 1 6 12,453 4 8 Otago— "New Zealand Loan Act, 1856"... " Consolidated Loan Act, 1867 "... " Consolidated Loan Application , Act, 1869" " Otago Loan Ordinance, 1861-62 " " Otago Loan Ordinance, 1862"... " Otago Harbor Loan Ordinance, ISO;!" '... " Otago Public Buildings Loan Ordinance, 1862" " Defence and other Purposes Loan Act, 1870" 81,000 0 0 903,550 0 0 7,000 0 0 40,100 0 0 116,700 O 0 23,703 10 10 29,101 13 0 10,964" 5 5 9,480 13 4 57,296 9 2 874,448 7 0 7,000 0 0 29,135 14 7 107,219 6 6 3,2:10 O 0 45,177 10 0 420 0 0 3,208 0 0 7,002 O 0 1,620 0 0, 9,035 10 0 1,203 0 0 1,167 O 0 4,860 0 0 54,213 0 0 420 0 0 4,411 0 0 8,169 0 0 44,100 O 0 10,718 11 11 33,381 8 1 3,528 O 0 1,323 0 0 4,851 0 0 40,075 0 0 8,075 11 1 31,999 8 11 3,206 0 0 1,202 5 0 4,408 5 0 50,000 0 0 50,000 0 0 2,500 0 0 ■ 500 0 0 3,000 0 0 Total, Otago 1,282,525 0 0 92,044 5 7! 11,190,480 14 5 08,281 10 0 16,050 15 0 84,332 5 0 Totals— General Provincial ... 5.412.36G 0 0 3,356,675 0 0 239,776 3 8 225,243 13 9 5,172,589 10 4 3,131,431 6 3 275,599 7 6: 172,327 0 0 56,724 0 0 38,338 5 0 332,323 7 6 210,665 5 0 8,769,041 0 465,020 3 5 8,304,020 16 7 447., 926 7 6 95,062 5 0 542,988 12 g • These are the estimated proj A"._B.—No accounts have been March, 1871; of the Loan of 1S6; >6rtions ehargeal ilo against the ', 'rovinces of Nelsi >n and Marlborough for the year 1870-71. )g Kunds of the Loan of 1856 later than Slst S67 later than 15th April, 1871. received from 1 i later than 31st .YuBtees in res] March, 1871; >ect of the Sinkii of the Loan of li

B.—No. 2,

Table B. STATEMENT showing the EXPENDITURE ESTIMATED; the RECOVERIES to CREDIT; the EXPENDITURE actually made during the Year from the 1st JULY, 1870, to the 30th JUNE, 1871; the AMOUNTS RESERVED; and the SAVING or EXCESS.

23

EINANCIAL STATEMENT.

Authorized. Actual Expenditure. I Estimates. Credits. Total. Reserved. Total. Saving. Excess. LIABILITIES AND ENGAGEMENTS. Permanent Chaeqes :— ■ Interest and Sinking Fund — Colonial Charges ... Not estimated ... Provincial Charges ... Ditto Under Acts of General Assembly — Colonial Charges ... Ditto Provincial Charges ... Ditto Civil List Fund — Division I. ... ... Ditto „ II. ... ... Ditto £ s. d. £ a. d. 2 5 0 £ s. d. 2 5 0 £ s. d. 2,792 15 0 14 12 6 3,248 19 11 167 9 7 £ s. d. £ s. d. 2,792 15 0 14 12 6 3,248 19 11 167 9 7 £ s. d. £ s. d. 2,790 10 0 14 12 6 3,248 19 11 167 9 7 128 7 0 128 7 0 12 0 0 2,081 15 0 12 O 0 2,081 15 0 12 0 0 1,953 8 0 4 5 1 8 18 19 1 2 3 8 7 8 Appropriations :— Vote I.— Liabilities and Engagements, 1868-69 — Colonial Charges — Nugget Point Lighthouse * Cape Campbell Lighthouse Militia and Volunteers ... Armed Constabulary Pay of East Coast Natives for Services in 1865 and 1866 Balance of Advances made from Special Fund on Account of the Bay of Islands Settlement Provincial Charges — Electoral Coroners Maintenance of Telegraph Line ... Native Lands Court Militia and Volunteers ... „ „ Capitation Grant ... Liabilities and Engagements, 1869-70 — Colonial Charges — Public Domains and Buildings Governor's Establishment Legislative Department Executive Department Stamp Department Law and Justice Government House and Offices ... General Post Office Telegraph „ Taupo Line ... Miscellaneous 251 7 10 177 17 9 169 16 6 2,000 0 0 5,439 12 10 110 10 0 2 0 8 3 0 0 19 3 0 103 2 6 228 10 7 78 18 2 130 12 0 130 12 0 8,317 12 0 97 16 4 96 11 8 85 6 9 527 7 8 902 0 0 15 14 0 20 16 0 11 5 3 59 1 11 10 0 163 5 11 8,317 12 0 8,187 0 0 10 11 12 13 15 17 80 27 31 32 35 250 15 4 41 18 5 1,279 12 3 48 14 3 25 12 4 482 7 3 5,000 0 0 116 2,150 4 9 1,500 0 0 2,993 17 9 329 1 9 57 5 11 2,280 6 5 65 18 1 25 12 4 943 4 7 4,605 10 4 4 7 6 2,398 14 8 5,503 0 2 3,580 19 9 22 0 0 2,889 11 2 201 6 3 98,004 12 8 6,913 19 11 98,001 12 8

B.—No. 2

24

FINANCIAL STATEMENT

h^ Authorized. Actual Expenditure. Reserved. Total. Saying Excess. Estimates. Ceedits. TOTAL. £ s. d. 29 15 8 215 5 9 50,728 2 10 £ 8. d. £ s. d. £ s. d. 49 12 9 1,065 15 3 55,371 0 10 £ s. d. £ b. d. £ b. d. £ b. d. 86 37 40 Defence Office Confiscated Lands Armed Constabulary and Contingent Defence Unapportioned — Survey of Native Reserves, Southland ... Sinking Fund Expenses, Consolidated Loans Purchase of " Luna" ... Maintenance of Native Prisoners in Gaol at Wellington ... Provincial Charges — Registrars of Births District Court Contingencies Electoral Stamp Department Resident Magistrate's Court, Wellington ... ,, Court Contingencies... Criminal Prosecutions ... Coroners Land and Deeds Contingencies ... Postal —Auckland ,, Taranaki ,, Wellington Telegraph Customs, Southland Militia and Volunteers ... 9,653 12 11 41 13 600 17 6 255 16 11 7,000 0 0 356 7 8 7,000 0 0 125 19 8 14 15 1(5 21 22 23 2-1. 25 2G 88 29 30 33 84 3S 429 5 2 4 13 6 686 4 8 15 5 8 10 12 6 130 0 0 260 3 3 300 0 0 17 13 11 66 6 3 20 18 0 689 0 5 955 8 11 9 13 0 5 0 0 7 5 0 6 17 0 15 8 0 ) 371 3 2 38 9 8 888 3 8 28 16 11 184 15 7 133 15 1 208 15 0 74 12 8 186 19 10 20 14 5 833 9 2 1,306 9 7 11 0 6 286 3 6 0 16 1 367 17 0 33 15 0 FINANCIAL YEAR, 1870-71. Civil List. 84,498 15 6 13,505 17 2 98,004 12 8 91,090 12 9 6,913 19 11 98,004 12 8 Division I.— ■ Governor Judges 4,500 0 0 7,700 0 0 4,500 0 0 7,700 0 0 4,500 0 0 7,700 0 0 4,500 0 0 7,700 O 0 Establishment of General Government Division II.— Native Purposes 8,300 0 0 1,027 15 11 9,327 15 11 7,868 8 11 7,868 8 11 1,459 7 0 7,000 0 0 7,000 0 0 6,145 17 9 6,145 17 9 854 2 3 Total, Civil List... 27,500 0 0 1,027 15 11 28,527 15 11 26; 214 6 8 26,214 6 8 2,313 9 3 Permanent Charges. Interest and Sinking Fund — Colonial Charges „ not Estimated Provincial Charges ,, not Estimated ... Under Acts of the General Assembly — Colonial Charges Provincial Charges 269,652 6 7 162,174 0 0 823 15 0 270,476 1 7 162, 174 0 0 171,778 1 1 7,053 10 5 170,109 2 5 9,567 5 0 171,778 1 1 7,053 10 5 170,109 2 5 9,567 5 0 98,698 0 6 7,053 10 5 7,935 2 5 9,5G7 5 0 36,295 14 2 3,975 0 0 95 13 6 54 13 4 36,391 7 8 4,029 13 4 29,204 17 5 2,587 6 8 29,204 17 5 2,587 6 8 7,186 10 3 1,412 6 8 Total, Permanent Charges,.. 472, 097 0 9 24,555 17 10 974 1 10 473,071 2 7 390,300 3 0 390,300 3 0 107,326 17 5

Table Jy—continued. STATEMENT showing the Expenditure Estimated, &c. — continued.

B.—No. 2.

25

FINANCIAL STATEMENT,

1. tlDTO l~i — continued. STATEMENT showing the Expenditure Estimated, &c. — continued.

s Actual Expenditure. Reserved. Total. SATINa. Excess. Estimates. Credits. Total. 2 3 Appropriations. Class I.—Public Domains and Buildings. Colonial Charges — Government Domains, Wellington and Auckland Government Houses, Wellington and Auckland General Assembly Buildings and Grounds ... Museum Colonial Architect £ s. d. 950 0 0 £ s. d. £ s. d. 950 0 0 £ s. d. 1,237 1 9 £ s. d. £ a. d. 1,237 1 9 £ s. d. £ s. d. 287 1 9 4 5 6 400 0 0 200 0 0 550 0 0 700 0 0 400 0 0 200 0 0 550 0 0 700 0 0 416 13 0 87 3 2 518 5 10 700 0 0 112 16 10 31 14 2 416 13 0 200 0 0 550 0 0 700 0 0 16 13 0 Total, Class I. ... 2,800 0 0 I I 2,959 3 9 144 11 0 3,103 14. 9 2,800 0 0 303 14 9 7 s 9 11 12 Class II. —Public Departments. Colonial Charges — Governor's Establishment Legislative Department ... Executive Department ... Stamp Department Printing Department Geological and Meteorological Department ... Provincial Charges — Receiver of Revenue Registrars Treasury Department Stamp Department Electoral Department 1,600 0 0 12,609 4 0 8,920 14 0 1,106 15 0 5,543 16 0 2,850 0 0 55 17 O 1,600 0 0 12,609 4 0 8,920 14 0 1,106 15 0 5,599 13 0 2,850 0 0 1,579 19 0 14,037 0 6 10,147 18 0 1,001 13 5 5,903 15 2 2,678 10 6 16 3 10 51 5 0 171 9 6 1.596 2 10 14,037 0 6 10,147 18 0 1,052 18 5 5,963 15 2 2,850 0 0 3 17 2 53 16 7 1,427 16 6 1,227 4 0 364 2 2 13 14 15 16 17 100 0 0 3,200 0 0 2,730 0 0 2,090 0 0 3,783 6 8 44,533 15 8 101 8 0 100 0 0 3,200 0 0 2,730 0 0 2,090 0 0 3,884 14 8 100 0 0 2,378 19 3 2,528 9 11 I,6(i7 16 10 6,781 0 4 48,805 2 11 | 821 0 9 20 13 6 16 2 7 100 0 0 3,200 0 0 2,549 3 5 1,683 19 5 6,781 0 4 49,961 18 1 180 16 7 406 0 7 1,096 15 2 644 10 11 2,896 5 8 5,915 8 4 Total, Class II. ... 157 5 O 44,691 0 8 IS Class III. —Law and Justice. Colonial Charges — Colonial Secretary's Office ... £6,756 4 0 Add amounts transferred from Vote 25, under Orders in Council ... ... 1,300 0 0 8,056 4 0 110 10 8 8,166 14 8 7,296 2 4 870 12 4 8,166 14 8 19 20 21 22 23 24 25 Provincial Charges — Supreme Court District Courts Resident Magistrates' Courts Petty Sessions Courts Criminal Prosecutions Coroners, &c. Land and Deeds Registry ...£12,706 10 0 Deduct amounts transferred to Vote 18, under Orders in Council ... ... 1,300 0 0 8,508 0 0 3,275 O 0 20,340 8 0 400 0 0 7,000 0 0 1,900 0 0 3 13 0 5 5 0 8,508 0 0 3,275 0 0 20,341 1 0 400 0 0 7,005 5 0 1,900 0 0 8,246 15 10 3,651 9 10 20,256 13 10 410 0 8 7,407 3 7 1,973 12 6 127 9 1 87 7 2 8,374 4 11 3,654 9 10 20,344 1 0 410 0 8 7,407 3 7 1,973 12 6 133 15 1 379 9 10 10 0 8 401 18 7 73 12 6 11,406 10 0 11,406 10 0 61,005 10 8 12,267 1 9 61,512 0 4 12,267 1 9 860 11 9 Total, Class III.... 1,085 8 7 1,725 13 4 60,886 2 0 119 8 8 62,597 8 11 133 15 1

B.—No. 2.

26

FINANCIAL STATEMENT.

Table J3— continued. STATEMENT showing the Expendituee Estimated, &c. — continued.

I Actual Expenditure. Reserved. Total. Sating. Excess. Estimates. Credits. Total Class IV. —Postal Services. Colonial Charges — Postal Department Conveyance of Mails by Sea ... Provincial Charges —• Auckland Taranaki Wellington Hawke's Bay ... Nelson Marlborough Canterbury "Westland Otago Southland Colonial Charges — Telegraph Department ... Provincial Charges — Telegraph Department ... £ 8. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 3,860 0 0 47,200 0 0 _. _ 3,597 17 9 38,613 3 8 18 6 2 7,718 8 6 3,616 3 11 46,331 12 2 304 2 1 989 14 10 26 •27 2S 29 30 31 32 33 34 35 30 37 9,195 0 0 875 0 0 5,465 0 0 1,570 0 0 3,831 0 0 1,370 0 0 9,706 0 0 5,035 0 0 12,574 0 0 2,230 0 0 60 6 0 3,920 6 0 121 7 0 47,321 7 0 331 5 0 9,526 5 0 0 2 0 875 2 0 5,465 0 0 0 6 0 1,570 6 0 3,831 0 0 1,370 0 0 41 13 4 9,747 13 4 12 8 1 5,047 8 1 175 0 0 12,749 0 0 0 3 0 2,230 3 0 9,009 11 8 571 9 11 4,626 18 8 1,281 19 10 3,350 6 9 1,323 8 1 8,792 4 10 4,606 12 4 1L,924 18 9 2,119 0 10 108 13 0 10 0 0 186 13 6 221 7 2 60 18 6 22 12 1 87 0 5 57 15 0 154 4 5 11 0 0 9,208 4 8 581 9 11 4,813 12 2 1,503 7 0 3,411 5 3 1,346 0 2 8,879 5 3 4,664 7 4 12,079 3 2 2,130 0 10 318 0 4 293 12 1 651 7 1066 19 0 419 14 9 23 19 10 868 8 1 383 0 9 669 16 10 100 2 2 I 38 3,485 0 0 3,485 0 0 3,843 17 7 3,843 17 7 358 17 7 39 34,553 0 0 286 19 3 34,839 19 3 31,586 15 8 1,048 2 3 32,634 17 11 2,205 1 4 Total, Class IV. ... 140,949 0 0 1,029 9 8 ! 141,978 9 8 135,043 7 4 7,293 19 11 358 17 1 125,338 6 4 9,705 1 0 40 41 43 ■15 46 47 ■IS •!9 50 51 Class V.—Customs Department. Colonial Charges — Customs Offices and Services Provincial Charges — Auckland Taranaki Wellington Hawke's Bay Nelson Marlborough Canterbury Westland ... ... ... ... Otago Southland For Special Services in the Protection of the Revenue Colonial Charges — Distilleries Provincial Charges — Distilleries Colonial Charges — Marine Department 1,535 0 0 8,953 15 0 455 0 0 4,423 10 0 1,235 0 0 3,524 5 0 785 0 0 4,188 0 0 3,832 15 0 6,505 0 0 1,760 0 0 0 5 3 6 5 3 1,535 0 0 8,953 15 0 455 0 0 4,423 10 0 1,235 0 0 3,524 10 3 785 0 0 4,188 0 0 3,833 0 3 6,505 0 0 1,760 0 0 1,495 7 9 7,333 11 6 444 10 6 3,816 15 5 1,088 12 7 3,504 12 3 774 1 10 3,882 7 10 3,530 2 4 6,372 2 5 1,669 0 0 39 12 3 1,001 19 0 5 0 0 574 2 0 12 10 0 10 0 0 7 4 0 32 15 0 57 10 0 58 14 11 80 5 0 1,535J 0 0 8,335 13 6 449 10 6 4,420 17 5 1,101 2 7 3,514 12 3 781 5 10 3,866 2 10 3,587 12 4 6,430 17 4 1,749 5 0 ... 618 1 6 5 9 6 2 12 7 133 17 6 9 18 0 3 14 2 322 17 2 245 7 11 74 2 8 10 15 0 1,000 0 0 1,000 0 0 443 3 8 50 0 0 493 3 8 506 16 4 52 450 0 0 450 0 0 416 15 5 10 0 0 426 15 5 23 4 7 53 1,000 0 0 1,000 0 0 657 0 2 108 5 0 765 5 2 234 14 10 M 16,970 0 0 1.279 15 10 1.280 6 4 18,249 15 10 9,124 2 2 6,127 9 10 15,251 12 0 2,998 3 10 Total, Class V. ... 56,617 5 0 I 57,897 11 4 44,532 8 10 5,189 15 6 8,175 7 0 52,707 15 10 ...

X. aMlC XJ uvimwucu,. -M_ \,mj r\_r-M_^_y JL^ " — — ** STATEMENT showing the Expendittjee Estimated, &c. — continued.

B.—No. 2.

FINANCIAL STATEMENT

27

Atjthomzed. ACTUAL EXPENDITUEE. Reseeved. Total. Saving. Excess. Estimates. Ckedits. Total Class VI. —Native. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 15 16 17 Colonial Charges — General Contingencies Salaries of European and Native Officers Trustee of Native Reserves Provincial Charges — Native Lands Court Inspector of Surveys Department ... Remission of Duty 10,500 0 0 13,502 5 0 950 0 0 43 6 6 15 0 0 105 4 6 10,513 6 6 13,517 5 0 1,055 4 6 9,706 10 11 11,902 10 6 954 14 4 836 15 7 1,464 14 6 26 12 0 10,543 6 G 13,367 5 0 981 6 4 150 0 0 73 18 2 18 19 10 5,705 0 0 3,627 0 0 40 0 6 551 2 9 6,256 2 9 3,627 0 0 40 0 6 5,434 7 7 3,359 10 10 40 0 0 442 5 4 267 9 2 5,876 12 11 3,627 0 0 40 0 0 379 9 10 "o 0 6 11 !2 Total, Class VI. ... Class VII. —Miscellaneous, Special ahb Tempoeaby Objects. Colonial Charges — Miscellaneous Bank Commission Provincial Charges — Auckland — Refund of money forfeited to the Crown being property of % a Convict ... ... £33 6 0 Slarlborough — Compensation to A. S. Dreyer 150 0 0 34,324 5 6 •14,627 0 0 3,500 0 0 714 13 9 692 18 8 19 1 35,038 19 3 45,320 7 8 3,501 9 1 31,397 14 2 44,282 14 9 4., 922 8 9 3,037 16 7 1,037 12 11 34,435 10 9 45,320 7 8 4,922 8 9 603 8 6 1,420 19 8 a 183 6 0 183 6 0 183 6 0 183 6 0 Unapportioned — Advance for Expenditure in Gold Fields that may be discovered in Native Land (to bo repaid out of Gold Fields Revenue) 1,200 0 0 1,200 0 0 250 0 0 250 0 0 950 0 0 66 66 67 68 69 70 72 73 74 75 77 Total, Class VII. Class VIII. —Defence Office, Militia and VOLUNTEEBS. Colonial Charges — Defence Office Store Department Miscellaneous Provincial Charges — Auckland Taranaki Wellington Hawko's Bay Nelson Marlboi'ougii Canterbury Westland Otago Southland Unapport ioned — Clothing Capitation Arms for Cadets 1,470 0 0 3,557 7 6 620 0 0 6,87-1 15 0 726 10 0 5,681 12 6 1,187 10 0 1,521 10 0 312 10 0 2,716 10 0 523 15 0 3,784 15 0 517 10 0 49,510 15 0 694 7 9 50,205 2 9 1,470 0 0 3,557 7 6 620 0 0 6,874 15 0 726 10 0 5,681 12 6 1,187 10 0 1,524 10 0 312 10 0 2,716 10 0 523 15 0 3,784 15 0 521 10 0 1,693 16 0 , 3,458 17 3 ! 98 10 3 62 11 10 : 557 8 2 3,855 14 6 ! 1,918 2 5 518 19 6 57 10 6 4,313 16 2 1,367 16 4 610 10 2 352 18 8 833 10 9 275 6 10 139 8 0 173 2 0 1,535 17 0 771 19 10 280 10 6 213 4 6 2,042 0 6 751 13 6 183 0 1 338 9 11 49,388 9 6 1,287 12 11 1,693 16 0 3,557 7 6 620 0 0 5,773 16 11 576 10 0 5,681 12 6 993 8 10 1,108 17 7 312 10 0 2,307 16 10 523 15 0 2,793 14 0 521 10 0 50,676 2 5 ... 1,100 18 1 150 0 0 194 1 2 415 12 5 950 0 0 223 16 1,420 19 8 438 13 2 991 1 0 4 0 0 78 79 60 3,000 0 0 1,000 0 0 1,000 0 0 34,527 5 0 3,000 0 0 1,000 0 0 1,000 0 0 2,208 11 8 791 8 4 192 17 5 1,000 0 0 21,767 3 11 8,890 8 8 3,000 0 0 192 17 5 1,000 0 0 30,657 12 7 807 2 7 Total, Class VIII. 4 0 0 31,531 5 0 4,097 8 5 223 16

FINANCIAL STATEMENT.

B.— No. 2

28

lclble -D — continued. STATEMENT showing the Expenditure Estimated, &c. — continued.

I* Actual Expenditure. Reserved. Total. Saving. Excess. Estimate. Credits. Total. Supplementary Expenditure op 1868-69. Provincial Charges ... Supplementary Expenditure of 1869-70. Provincial Charges ... £ s. d. £ s. a. £ s. d. £ s. d. £ s. a. £ e. d. £ s. d. £ s. d. SI 1,492 10 0 1,492 10 0 1,492 10 0 S2 10,114 13 0 10,444 13 0 10,444 13 0 Total 11,937 3 0 11,937 3 0 11,937 3 0 Refunds op Revenue. 4,243 10 S 1,098 1 G Colonial Provincial ... 4,243 10 1,098 1 Total 5,311 12 3 5,341 12 3 Payments to Provinces 169,574 9 5 169,574 9 5 182,594 6 8 182,594 G 8 13,019 17 SUMMARY. Liabilities and Engagements — Permanent Charges ... Appropriations 84,498 15 G 130 12 0 13,505 17 2 130 12 0 98,004 12 8 8,317 12 0 91,090 12 0 8,317 12 0 98,004 12 8 8,187 0 6,913 19 11 Total 84,498 15 C I 13,636 9 2 98,135 4 8 99,408 4 9 6,913 19 11 106,322 4 8 8,187 0 Financial Year, 1870-71 — Civil List Permanent Charges ... Appropriations — Class I.—Public Domains and Buildings ,, II. —Public Departments ,, III. —Law and Justice „ IV. —Postal Services, &c. ,, V.—Customs Department ,, VI. —Native Department „ VII. —Miscellaneous „ VIII.—Defence 27,500 0 0 472,097 0 9 2,800 0 0 44,533 15 8 60,886 2 0 140,949 0 0 56,G17 5 0 34,324 5 6 49,510 15 0 34,527 5 0 923,745 8 11 1,027 15 11 974 1 10 157 5 0 119 8 8 1,029 9 8 1,280 6 4 714 13 9 694 7 9 4 0 0 28,527 15 11 473,071 2 7 2,800 0 0 44,691 0 8 61,005 10 8 141,978 9 8 57,897 11 4 35,038 19 3 50,205 2 9 34,531 5 0 26,214 6 8 390,300 3 0 2,959 3 9 48,865 2 11 61,512 0 4 125,338 6 4 44,532 8 10 31,397 14 2 49,388 9 6 21,767 3 11 144 11 0 1,096 15 2 1,085 8 7 9,705 1 0 8,175 7 0 3,037 10 7 1,287 12 11 8,890 8 8 26,214 6 8 390, 300 3 0 3,103 14 9 49,961 18 1 62,597 8 11 135,043 7 4 52,707 15 10 34,435 10 9 50,676 2 5 30,657 12 7 2,313 9 3 82,770 19 7 6,935 2 4 5,189 15 6 603 8 6 3,873 12 5 303 14 5,270 17 1,591 18 470 19 Supplementary Expenditure of 1868-69 and 1869-70, authorized by section G of " The Appropriation Act, 1870" Refunds of Revenue Payments to Provinces ... 11,937 3 0 169,574 9 5 11,937 3 0 11,937 3 0 5,341 12 3 182,594 6 8 11,937 3 0 5,341 12 3 182,594 6 8 5,341 12 13,019 17 160,574 9 5 1,111,258 10 3 Total 1,105,257 1 4 6,001 8 11 1,002,148 1 4 33,423 0 11 1,035,571 2 3 101,686 7 7 25,998 19

B.—No. 2.

29

FINANCIAL STATEMENT.

Authorized. Actual expendittjke. Reserved. Total. Sating. Excess. Estimate. Cbedits. Total. RECAPITULATION. £ s. d. £ s. d. £ s. d. £ s. d. £ 8. d. £ s. d. £ s. d. £ s. d. Liabilities and Engagements Financial Ycai-1870-71 84,498 15 6 1,105,257 1 4 13,636 9 2 6,001 8 11 98,135 4 8 1,111,258 10 3 99,408 4 9 1,002,148 1 4 6,913 19 11 33,423 0 11 106,322 4 8 1,035,571 2 3 101,686 7 7 8,187 0 0 25,998 19 7 Unauthorized Expenditure, Table C 1,189,755 16 10 19,637 18 1 11,209,393 14 11 1,101,556 6 1 34,767 18 7 40,337 0 10 1,141,893 6 11 34,767 18 7 101,686 7 7 34,185 19 7 34,767 18 7 Deduct Excess 1,189,755 16 10 19,637 18 1 1,209,393 14 11 1,136,324 4 8 40,337 0 10 1,176,661 5 6 101,686 7 7 68,953 18 2 68,953 18 2 Ultimate Saving ... 32,732 9 5 Liabilities and Engagements — Colonial Charges Provincial Charges 80,768 17 1 3,729 18 5 13,204 11 1 431 18 1 93,973 8 2 4,161 16 6 94,39G 2 10 5,012 1 11 i 6,913 19 11 106,322 4 8 8,187 0 0 84,498 15 6 13,636 9 2 98,135 4 8 99,408 4 9 6,913 19 11 106, 322 4 8 8,187 0 0 Financial Yeab 1870-71— Colonial Charges Provincial Charges 535,120 5 3 570,130 10 1 4,432 19 8 1,568 9 3 i 539, 553 4 11 571,705 5 4 454,972 6 3 581,943 13 8 21,423 17 7 11,999 3 4 476,396 3 10 593,942 17 0 63, 157 1 1 22,237 11 8 Deduct Excess 1, 105, 257 1 4 0,001 8 11 1,111,258 10 3 1,036,915 19 11 33,423 0 11 1,070,339 0 10 63,157 1 1 22,237 11 8 40,919 9 5 8,187 0 0 32,732 9 5 Net Saving, Financial Year 1870-71 Deduct Excess, Liabilities and Engagements ... Ultimate Saving, as above ...

Tal Die JJ — continued. STATEMENT showing the ExPENDiTtJEE Estimated, &c. — continued.

B.—No. 2.

Table B (1). STATEMENT of the RECEIPTS and DISBURSEMENTS of the SPECIAL FUND from the 1st JULY, 1870, to the 30th JUNE, 1871.

30

FINANCIAL STATEMENT.

RECEIPTS. DISBURSEMENTS. Db. • New Zealand Loan Act, 1856. £ s. d. £ s. d. Ck. New Zealand Loan Act, 1856. Amount transferred to Consolidated Fund under Section 7 of " The Appropriation Act, 1870 " £ s. d. £ s. d. Balance en 30th June, 1870 £32,383 2 3 £32,383 2 3 Debentuees Acts, 1864-65. Debentubes Acts, 1864-65. Amount transferred to Consolidated Fund under Section 7 of " The Appropriation Act, 1870 " Balance on 30th June, 1870 ... ... £150 0 0 £150 0 0 New Zealand Settlements Acts, 1863-65. New Zealand Settlements Acts, 1863-65. 3,561 19 6 1,124 0 6 466 11 8 137 0 0 870 6 9 Balance on 30th June, 1870 Recoveries Sales and Rents Confiscated Lands, Auckland Proceeds of Treasury Bills under " Confiscated Land Revenue Appropriation Act," renewed ... 31 19 8 1,709 0 4 10,066 4 2 Salaries Surveys Compensation Awards Purchase of Land, &c. Contingencies ... Redemption of Treasury Bills issued under "The Confiscated Land Revenue Appropriation Act, 1868 " 20,000 0 0 28,000 0 0 Balance on 30th June, 1870 -1 ,i II \J U 31,807 4 2 2,352 14 3 £34,159 18 5 Public Debts Act, 1867. Amounts refunded to Provinces in adjustment of Accounts — Tarannki ... ... ... ... £112 14 9 Hawke'sBay ... ... ... 169 2 0 Canterbury.., ... ... ... 1,070 19 6 Public Debts Act, 1867. Amount transferred from Consolidated Fund for refund* to be made to Provinces in adjustment of Accounts Amount recovered from Province of Otago in adjustment of account 1,352 16 3 *, «•' 237 1 0 Balance transferred to Consolidated Fund under Section 6 of " The Appropriation Act, 1869 " 1,352 16 3 237 1 0 Consolidated Loan Act, 1867. Balance on 30th June, 1870 Amount of Debentures issued on Conversion of Loans Amount raised by sales of Debentures ... £15,019 0 0 Discount thereon ... ... ... 81 0 0 36,119 10 11 Consolidated Loan Act, 1867. Amount transferred to Consolidated Fund under Section 7 of " The Appropriation Act, 1870 " Amount refunded to Province of Southland in adjustment of Account Amount applied in Conversion of Loans — Colonial ... ... ... ... £117,335 0 0 Provincal ... ... ... ... 108,057 0 0 20,628 15 1 £1,589 17 3 214, 900 0 0 15,100 0 0 36 17 6 706 15 4 45 4 4 Accrued interest on New Zealand Government Bonds Recoveries from Provinces on account of interest and charges ... 255,392 0 0 3,502 18 9 Balance on 30th June, 1871 2G6,8fi3 3 9 19,063 17 0 Discounts, Interest, and Charges ... In part payment of balance due on amount of debt capitalized — Wellington ... Under Consolidated Loan Application Act —- Balance due under " Wellington Harbour Reserves Act" ... Redemption of Wanganui Bridge Debentures 18 2 7 ■ 6,000 0 0 250 0 0 « £285,927 0 9 j I ,927 0 9

I'.—oNo. 2.

31

FINANCIAL STATEMENT.

EECEIPTS. DISBURSEMENTS. De. £ s. d. £ s. d. O». £ s. d. £ b. d. 1 Tempobaky Loan Act, 1870. 384, 000 0 0 Tempohaby Loan Act, 1870. Amount transferred to Defence Loan Act Account Amount transferred to Public Works Account 273,500 0 0 110, 500 0 0 Amount raised ... £384,000 0 0 £384,000 0 0 Defence Loan Act, 1870. Amount transferred from Temporary Loan Account ... Amount raised in Hie Colony in anticipation of debentures to be issued Amount raised by Crown Agents to repay sums obtained under Temporary Loan Refund from Consolidated Fund for sums advanced thereto in Londdn Amount recovered from Province of Taranaki to supplement amount payable under Scbedule II. of the Act Kccovcries for credit of expenditure made under Schedule I. of the Act: — Defence Services — Pay ... ... ... ... £2,534 18 8 Clothing ... ... ... ... 1,552 18 11 Rations and Forage ... ... ... 6,G95 3 8 Arms and Accoutrements .., ... 98 10 5 Ammunition ... ... ... 344 1 11 Miscellaneous ,.. ... ... 3,123 0 5 273,500 0 0 14,600 0 0 204, 000 0 0 46,000 0 0 64 2 0 Defence Loan Act, 1870. Amount applied by Crown Agents in part repayment of amount borrowed under Temporary Loan Act ... Charges and expenses ... ... Expended under Schedule I.:— Defence Services, viz. — Armed Constabulary ... ... £119,294 14 ' 2 Miscellaneous ... ... ... 5,944 7 6 Steamer" Luna" ... ' ... ... 3,548 16 11 Contingent Defence ... ... ... 42,346 14 0 204, 000 O 0 1,030 17 8 171,134 12 7 Expended under Schedule II.: — Auckland ... ... ... £47,771 17 6 Taranaki... ... ... ... 5,796 14 G Wellington ... ... ... 16,180 19 5 Otago ... ... ... ... 48,823 8 4 118,572 19 9 ,94,738 10 0 57,774 6 0 Balance on 30th June, 1871 14,348 14 0 12 16 0 £552,512 16 0 Statement op Balances on 30tii June, 1871. De. £ s. d. New Zealand Settlements Act Account ... ... ... 2,352 14 3 Consolidated Loan Act Account... ... ... ... 19,063 17 0 Defence Loan Act Account C'E. £ s. d. 57,774 6 0 Deduct Dr, Balances ... ... ... ... — ■ 57,774 G 0 21,416 11 3 £36,357 14 9

Table _B (I)— continued. STATEMENT of the Eeceipts and Disbursements of the Special Fund from the 1st July, 1870 to the 30th June, 1871,

R—No. 2.

Table B (2). STATEMENT of the RECEIPTS and DISBURSEMENTS of the PUBLIC WORKS ACCOUNT from the 1st JULY, 1870, to the 30th JUNE, 1871.

32

FINANCIAL STATEMENT.

RECEIPTS. DISBURSEMENTS. Dr. Amount transferred from Temporary Loan Act Account Roads in North Island :— Recoveries ... ... ... Immigration, — Recoveries ... Telegraph — Recoveries ... £ 8. d. 110,500 0 0 436 1 5 £ s. A. Cr. Departmental Expenditure Roads in North Island Railways, — Middle Island Railway Fund — Nelson ... Canterbury Westland Otago ... £ 8 . d. £ s. d. 3,418 18 5 52,315 16 2 £60 0 0 861 12 8 51 6 3 6,713 3 4 £ s. d. 101 8 0 | 31 9 4 j i 111,068 13 9 ! 7,686 2 3 ; Preliminary Surveys, North Island, — Auckland Tsvranaki Wellington Hawke's Bay £920 0 0 171 6 6 2,293 2 11 707 7 5 4,091 16 10 Water-works on &old Fields, — Auckland Westland ... £180 0 0 229 0 0 409 0 0 Purchase of Land in North Island, — Auckland Hawke's Bay £150 0 0 80 0 0 -I 230 0 0 • Immigration, — Wellington ... Canterbury ... £2,739 10 5 59 5 0 —— ! 2,798 15 6 Telegraph, — Extension of Lines Balance on 30th June, 1871,— Cash, Bank of New Zealand ... Advances unaccounted for 26,616 17 2 97,627 6 3 4,503 13 10 8,937 13 8 13,441 7 6 111,068 13 9 111,068 13 9 I I

8.-No. 2.

Table B (3). STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FUND for the FINANCIAL YEAR 1870-71.

Table B (4. STATEMENT showing the RECEIPTS and EXPENDITURE of the TRUST FUND from the 1st JULY, 1870, to the 30th June, 1871.

33

FINANCIAL STATEMENT.

Balances on 1st July, 1870. Receipts. Expenditure. Balances on 30th June, 1871. £ s. d. £ s. d. 152 16 7 31,622 19 2 263 11 8 11,425 11 7 6,131 15 8 33,039 14 0 5,218 19 3 63,428 17 0 33,943 4 8 156,132 14 1 1,870 13 2 £ s. d. 126 13 9 31,503 0 5 250 0 0 11,492 5 10 6,410 15 6 33,055 19 4 6,478 19 1 63,007 7 6 33,957 4 8 156,420 18 2 1,894 2 8 Dr. Dr. Dr. Dr. Dr. £ s. d. 26 2 10 2 14 5 13 11 8 20 12 0 247 3 10 82 18 8 157 7 0 371 14 0 64 0 8 288 6 1 Jolonial Luekland ?aranaki iVelHngton lawke'a Bay kelson Javlborougli Canterbury Dr. 117 4 4 46 2 3 526 3 8 Dr. 66 13 4 1,102 12 10 Dr. 49 15 6 Dr. 50 0 8 Dr. 0 2 0 23 9 6 Southland Deduct Debit Balances 1,698 8 3 283 15 10 343,230 16 10 344,597 6 11 661 6 9 613 4 5 Credit Balances 1,414 12 5 48 2 4

Balances on 1st July, 1870. Receipts from 1st July, 1870, to 30th June, 1871. Expenditure from 1st July, 1870, to 30lh June, 1871. Balances on 30th June, 1871. Intestate Estates Fund Account „ Expenses Account ... Estates of Deceased Soldiers Keal Estate Administration Account ... Supreme Court Account Trustees Relief Act Account Unclaimed Dividend^Aceount ii Property Account "Merchant Shipping Act, 1868" Unclaimed Balances Closed Accounts... Post Office Money Orders Account „ Savings Banks Account ... Military Savings Banks Account Patriotic Fund Account Native 10 per cent. Refunds, Auckland Account Native Reserves Account Native 5 per cent. Wairarapa Land Purchase Account Natives, Wellington, Deposits Account Land Assurance Fund Account Trust Fund Investment Account " Lunatics Act, 1868 " " Government Annuities Act, 1869" ... £ s. d. 29,326 17 8 183 5 0 1,580 8 11 1,060 14 9 110 10 8 748 2 0 271 12 2 504 7 11 £ s. d. 11,357 11 5 598 15 1 120 14 1 136 19 4 £ a. d. 14,321 13 3 532 0 0 370 2 6 28 8 8 £ a. d. 26,362 15 10 250 0 1 1,331 O 6 1,169 5 5 110 10 8 1,666 18 3 339 8 9 679 6 1 7 0 2 138 16 4 Dr. 2,489 1 9 294,877 19 9 156 4 9 1,446 12 1 67 16 7 686 17 1 7 0 2 32 15 0 52,991 5 9 43,514 9 0 527 15 10 511 18 11 106 1 4 5,823 5 10 251,363 10 9 207 15 8 1,059 9 2 61,303 13 4 51 10 11 1,059 9 2 4,662 18 8 5,064 7 1 4,279 2 3 4,806 3 1 4,662 18 8 4,537 6 3 2,445 18 8 370 0 0 115 9 11 Dr. 211,061 7 0 904 1 3 354 6 9 74 11 7 2,000 O 0 520 13 3 370 0 0 354 12 9 Dr. 279,650 0 0 1,895 8 8 6,6-12 17 11 239 2 10 211,061 7 0 1,281 5 8 7.08H 11 2 279,650 0 0 289 18 3 800 0 0 Deduct Debit Balances 306,263 4 2 211,061 7 0 346,073 4 1 Dr. 282,139 1 9 Totals £95,201 17 2 334,984 19 1 366,252 13 11 63,934 2 4

B.—No. 2.

Table C. STATEMENT of the UNAUTHORIZED EXPENDITURE from the 1st JULY, 1870, to the 30th JUNE, 1871.

34

FINANCIAL STATEMENT.

FOE SERVICES NOT PROVIDED FOR. £ 8. d. £ s. d. Colonial Charges. Geological— Glass Globes, Vases, Chemicals, &c, June, 1870 15 9 0 Defence — Supplies for Guard, Chatham Islands, in March and April, 1866 Hour, &c, sent to Wairoa, 1st August, 1868 Sugar, sent to Wairoa, 4th January, 1869 Flour, sent to Wairoa, 4th January, 1869 Gratuity to Charlotte Schafer Pensions and Allowances to Widows and Children, 1st July, 1869, to 31st December, 1870 ... 23 4 22 10 51 13 23 0 30 0 0 3 4 0 0 40 0 0 190 7 7 Miscellaneous — Entertainment of H.R.H. the Duke of Edinburgh Compensation for Losses by Wreck of s.s. " Lord Worsley "... Compensation to W. Henwood for losses at Taranaki Inquiry —C. Heaphy— Travelling expenses of A. Domett, October, 1870. January, 1871 ... Education Bill — Travelling expenses of J. Hislop, June, 1871 ... Trust Estates Commission — Clerical Assistance, &c... Expenses of Lighting Government Buildings with Gas, Gas Fittings, &c, 930 15 9 1,088 13 10 56 5 0 96 5 0 64 10 0 6 10 0 700 0 0 Interest— £ s. d. On Treasury Bill for £12,000, issued under " Treasury Bills Act, 1870," from 1st November, 1870, to 31st March, 1871 ...302 0 0 On Remittances to London and Sydney ... 54 0 5 On Deficiency Bill for £60,000, from 30th September, to 81st March, 1871 ... ... S97 10 8 On Overdrawn Accounts from 30th September to 31st March, 1871... ... ... 57 7 2 £2,943 0 1 1,310 18 3 Peotincial Charges. 4,253 18 4 Teeasurt— Auckland — Clerk to Paymaster, 1st March to 10th April, 1871 Hawlce's Bay — Clerk to Paymaster, 23rd September, 1870, to 30th June, 1871 ... 16 18 4 115 16 8 132 10 0 Supreme Court — Auckland — Fuel, to 30th June, 1870 Wellington — £ s. d. Painting Court House, February, 1871, ... 93 15 0 Contingencies, to 30th June, 1870 ... ... 15 13 0 4 16 7 109 8 0 Westland — Sheriff's Fees, to 30th June, 1870 ... ... 36 3 6 Contingencies, to 30th June, 1870 ... ... 0 14 0 36 17 6 Otago — Salary of Registrar, 25th to 30th June, 1870 ... 6 13 4 Advertising... ... ... ... 0 5 0 6 18 4 Resident Magistrates' Courts — Wellington — Commission on Plans, &c, Court House, Patea, June, 1870 158 0 5 25 0 0 Carried forward... 4,775 5 4

P.—No. 2.

35

FINANCIAL STATEMENT.

TcilbiG C continued. STATEMENT of Unauthorized Expenditur: :— continued. £ s. d. £ 4,775 s. d. 5 4 Brought forward Petty Sessions Courts — Auckland — Clerk to Petty Sessions Court, 25th January, 1869, to 25th January, 1870 . Wellington— Eent of Court at Warehama, to 30th June, 1870 27 17 6 11 5 0 39 2 6 Postal— Taranaki —■ Proportion of Subsidy for Conveyance of Mails between Wanganui and New Plymouth, 1st January to 30bh June, 1871 New office, Opunake and Hawera, June, 1871 ... Wellington —■ £ s. d. First instalment, erection of new Post and Telegraph Office, Foxton ... ... 120 16 6 Proportion of Subsidy for Conveyance of Mails between Wanganui and New Plymouth, 1st January to 30th June, 1871 ... ... 100 0 0 150 0 0 125 0 0 220 1G 0 Nelson — Advertising and Contingencies, to 30th June, 1870 Marlborough — Porterage of Mails at Picton, to 30th June, 1870 Canterbury — Defalcations of A. Alexander, Kaiapoi New Office, Leithfield We.stland — Clerk, Hokitika, Salary, February, 1870 Olago — Conveyance of Mails, December Quarter, 1869, and June Quarter, 1870 Gratuities and Contingencies, to 30th Juno, 1870 New Office, Humpden ... New Office, Riverton, February, 1871 Contingencies 1 16 11 3 3 G 43 17 9 40 5 3 7 17 9 227 12 10 27 0 10 181 17 0 119 15 3 0 2 8 1,099 G 3 Customs — Auckland — ' £ s. d. Kent, Custom House, Auckland, 1st Januarv to 30th June, 1870 ... ..".100 0 0 Balance of Contract for new Custom House, Russell ... ... ... 60 12 7 Contingencies, to 30th June, 1870 ... ... 11 3 1 Sawlce's Say — Salary, 1st May to 11th June, 1870 ... 20 18 7 Contingencies, May, 1870 ... ... 0 8 6 171 16 8 21 7 1 Marlborougli — Rent of Custom House, Kaikoura, balance to 30th June, 1871 0 17 8 Militia and Volunteers — Auckland — Pay of Drill Instructor and Bugler, Thames, from 1st October, 1870, to 30th April, 1871 Eent at Papakuru, to 26th March, 1871 Travelling Allowance, &c, of Drill Instructor, Papakura ... 194 0 5 121 12 11 14 13 2 0 0 6 140 8 G Miscellaneous— Auckland — Land Purchase, "Waiheke Wellington— £ s. d. Advances in aid ... ... 14,566 17 5 Less repaid ... ... ... 4,918 13 1 150 0 0 9,648 4 4 Carried forward 9,798 4 4 6, 254 3 0

R-No. 2.

36

FINANCIAL STATEMENT.

TablG C — continued. STATEMENT of TJnauthorizeb Expendititr: i — continued. £ s. d. £ s. d. 9,798 4 4 £ 6,254 s. d. 3 0 Brought forward Miscellaneous— continued. Land purchases — Awahau Block Rangitikei Seventy-Mile Bush 7 0 0 30 0 0 15 0 0 52 0 0 Haicke's Hay — Salary of Draughtsman, September, 1870 16 13 4 Of ago — Otago Hundreds Commission — Honorarium Travelling Expenses, &c. £ s. d. 389 10 0 180 13 0 570 3 0 10,437 0 8 Confiscated Lands—■ Surveys at Poverty Bay, Tolago Bay, and "Wairoa, 1867 Compensation for claims to Kati Kati Block Proportion of Subsidy for Conveyance of Mails between Wanganui and New Plymouth, 1st Jan. to 30th June, 1871 556 50 0 10 0 0 750 0 0 1,356 0 10 Native Lands Cottrt— Adjustment of the Expenses of the Native Lands Court, under a Resolution of the House of Representatives, dated 26th July, 1870— Salaries — Chief Judge, 1st July, 1867, to 30th June, 1870 ... Clerk 2,400 1,000 0 0 0 0 Surveys — Chatham Islands, 1st July, 1867, to 30th June, 1870 1,305 2 7 4,705 2 7 Commission to England— Salaries of Commissioners and Secretary Travelling Allowances and Expenses ... Rent and Attendance, Telegrams, Stationery, Printing, and Contingencies 2,370 1 5 3,082 10 2 838 2 0 Less charged to Consolidated Loan Act £6,290 13 7 500 0 0 : Debtors and Creditors Acts— Accountant in Bankruptcy, Salary, 1st July, 1870, to 30th June, 1871 ... Travelling Allowance and Expenses ... Contingencies... 5,790 13 7 600 0 0 115 8 0 12 9 6 727 17 6 Auckland Gold Fields— Survey of Native Reserves at Te Puna, <fcc., May, 1869 Plan of Gold Fields Boundary and Native Reserves, May, 1870 Passages of Mr. Puckey on Gold Fields business, November, 1869. to February, 1870 25 4 12 0 0 0 24 10 0 61 14 0 Total £29,332 12 2 T»tal Unauthorized Expenditure, see page 29 Deduct Keeoverics, — Advances in aid, Wellington Commission to England Salary of Draughtsman, Napier, for August... 4,918 13 500 0 16 13 1 0 4 34,767 18 5,435 6 7 5 Net Total, as above ... 29,332 12 2

37

8.-No. 2.

FINANCIAL STATEMENT.

Table O — continued. Vote. Authorized (including Credits). Expended. Excess. I FOB SERVICES IN EXCESS OF APPROPRIATIONS. £ s. d. £ e. d. £ b. d. Financial Teae, 1870-71. 1,350 0 0 12,609 4 0 8,920 14 0 5,599 13 0 3,884 14 8 3,275 0 0 400 0 0 7,005 5 0 1,900 0 0 11,406 10 0 3,485 0 0 3,501 9 1 1,470 0 0 1.653 14 9 14,037 0 6 10,147 18 0 5,963 15 2 6,781 0 4 3.654 9 10 410 0 8 7,407 3 7 1,973 12 6 12,267 1 9 3.843 17 7 4,922 8 9 1,693 16 0 303 14 9 1,427 16 6 1,227 4 0 364 2 2 2,896 5 8 379 9 10 10 0 8 401 18 7 73 12 6 8G0 11 9 358 17 7 1,420 19 8 223 16 0 4 8 9 11 17 20 22 2.'! 24 2-5 ;{s 62 66 G-eneral Assembly Buildings and Grounds... Legislative Departments Executive Printing Electoral District Courts Petty Sessions Criminal Prosecutions ... Coroners, &c. ... Land and Deeds Registry Telegraph Department ... Bank Commission Defence Office ... ... ... 64,807 9 0 74,755 19 5 9,948 9 8 . SUMMARY. Eor Services not provided for For Services in Excess of Appropriations ... 64,807 9 9 29,332 12 74,755 19 2 5 29,332 12 *9,948 9 2 8 i 64,807 9 9 104,088 11 7 39,281 1 10 • Colonial Provincial £ s. d. 5,326 10 8 4,621 19 0 Total £9,948 9 8 10

8.-No. 2. ,

Table D. "APPROPRIATION ACT, 1870, No. 2"— ARMED CONSTABULARY AND DEFENCE. STATEMENT showing the Expenditure Estimated; the Recoveries to Credit; the Expenditure actually made during the Year from the 1st July, 1870, to the 30th June, 1871; the Amount Reserved; and the Saving or Excess.

38

FINANCIAL STATEMENT.

Authorized. to H Actual Resebved. Saving. Excess. Estimate. Credits. Total. Ahmed Coxstabulary :— Commissiouer'a Office Dep&t Pay and Allowances... Contingent Expenditure, — Rations Clothing Purchase of Horses Forage Saddlery and Repairs ... Arms, Ammunition, &c... Travelling Expenses ... ... ... Transport Buildings and Repairs ... Hospitals Miscellaneous £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 1-2 3-5 6-12 13 600 0 0 84G 15 0 95,401 5 0 2,399 8 1 600 0 0 846 15 0 97,800 13 1 927 15 11 250 0 0 101,002 13 3 M N 3,189 7 6 786 6 3 41 4 9 85 10 10 0 10 0 32 15 9 5,546 2 10 4,333 9 11 412 0 0 2,880 8 8 76 9 9 563 15 3 506 17 5 1,041 13 8 409 13 6 172 2 5 1,168 11 7 M H 15,641 10 7 n 10,698 18 0 54'J 11 5 244 14 6 m »» u n 12 11 7 )» Amount to bo contributed by Provincial Government, Auckland ... 107,516 18 0 7,546 18 O 7,342 0 8 114,888 18 8 7,546 18 0 119,294 14 2 6,664 6 0* 20,000 0 0 7,627 11 7 14 10 17 IS 19 20 21 22 2L 25 27 MISCELLANEOUS :— Prizes for Rifle Shooting ... Passages, &e., for Competitors Pay of Markers Purchase of Arms ... Purchase of Ammunition ... Targets Carriage and Freight Insurance Repair of Arms Preparing Militia Rolls Inspector of Militia and Volunteers Contingencies Steamer "Luna," half amount of running expenses ... Contingent Defence 100, 000 0 0 2,500 0 0 400 0 0 200 0 0 3,000 0 O 1,000 0 0 200 0 0 400 0 0 150 0 0 100 0 0 100 0 O 500 0 0 750 0 O 3 500 0 0 67', 200 0 0 7,342 0 8 68 12 10 338 6 3 107,342 0 8 2,500 0 0 400 0 0 200 0 0 3,068 12 10 1,338 6 3 200 0 0 400 0 0 150 0 0 100 19 0 100 0 0 500 O 0 752 7 8 3,518 0 0 71,527 11 9 112,630 8 2 1,971 5 3 866 14 9 77 10 9 948 19 6 593 6 6 61 1 6 227 15 7 150 0 0 21 13 6 0 19 0 2 7 8 18 O 0 4,327 11 9 500 0 0 526 0 2 3,548 16 11 42 346 14 0 Totals 180,000 0 0 164, 470 6 7 7,627 11 7 12,097 18 2 192,097 18 2 20,000 0 0 * Of this sum there was contributed bthe Province i: 1870-71 £2,250 15s. 10d., leaviii| £4,413 10s. 2d. et to be contributed.

FINANCIAL STATEMENT.

— STATEMENT of the Expend it 'be of the Public Account of New Zealand for the Financial Yeae 1870-71— continued. PROVINCIAL. CONSOLIDATED FUND. COLONIAL. TOTALS. CONSOLIDATED FUND. Auckland. Tabanaki. Wellington. Hawke's Bat. Nelson. Mablboeough Cantebbuet. Westland. Otago. Southland. TOTAI Peotincial. I Liabilities and Engagements. Permanent Charges:— Interest and Sinking Fund ... Under Acts of General Assembly ... „ " Provincial Audit Act, 1866 " „ " Justices of the Peace Act, 1866 " „ " Lunatics Act, 1868 " Civil List Fund... Appropriations: — Liabilities and Engagements, 1868-69, — Electoral Coroners Telegraph Marine Advances to Native Lands Court ... Defence Pay of East Coast Natives for Services in 1865-66 Liabilities and Engagements, 1869-70, — Public Domains and Buildings Governor's Establishment Legislative Department ... Executive Registrars of Births, &c. ... Stamp Electoral Law and Justice —General Charges Government Hou^e and Offices District and Resident Magistrates' Courts ... Criminal Prosecutions, &c. Land and Deeds Registry Postal Telegraph Customs Miscellaneous Defence Confiscated Lands .... Militia and Volunteers Armed Constabulary and Contingent Defence... Survey of Native Reserves—Southland Purchase of " Luna " £ s. d. 2,807 7 6 3,248 19 11 2,093 15 0 194 8 0 612 14 5 902 0 0 329 1 9 57 5 11 2,280 6 5 65 18 1 £ s. d. 15 14 0 2 2 0 5 17 6 7 14 5 £ s. d. 6 8 0 10 0 £ s. d. 37 10 0 10 0 £ 6. d. 3 0 0 30 "7 6 163 5 11 £ a. d. 34"4 6 t'l 9 £ s. d. £ s. d. 12 12 0 20 0 0 £ s. d. £ s. d. 34 13 9 54 13 4 3 2 0 £ a. d. £ s. d. 37 10 0 75 6 3 54 13 4 15 14 0 20 16 0 11 5 3 59 1 11 164 5 11 £ s. d. 2,807 7 6 3,248 19 11 37 10 0. 75 6 3 54 13 4 2,093 15 0 15 14 0 20 16 0 n 6 a 194 8 0 59 1 11 777 0 4 902 0 0 329 1 9 57 5 11 2,280 6 5 65 18 1 371 3 2 54 9 3 888 3 8 943 4 7 4,605 10 4 223 5 3 342 10 7 74 12 8 1,045 10 11 9,208 4 5 11 0 6 3,580 19 9 49 12 9 1,905 15 3 286 3 6 55,371 0 10 356 7 8 7,000 0 0 Liabilities and Engagements. Permanent Charges : — Interest and Sinking Fund. Under Acts of General Assembly. „ " Provincial Audit Act, 1866." „ " Justices of the Peace Act, 1866." „ " Lunatics Act, 1868." Civil List Fund. Appropriations :— Liabilities and Engagements, 1NU8-69, — Electoral. Coroners. Telegraph. Marine. Advances to Native Lands Court. Defence. Pay of EastCoastNativesforServicesin 1865-66. Liabilities and Engagements, 1869-70, — Public Domains and Buildings. Governor's Establishment. Legislative Department. Executive. Registrars of Births, &c. Stamp. Electoral. Law and Justice—General Charges. Government House and Otliies. District and Resident Magistrates' Courts. Criminal Prosecutions, &c. Land and Deeds Registry. Postal. Telegraph. Customs. Miscellaneous. Defence. Confiscated Lands. Militia and Volunteers. Armed Constabulary and Contingent Defence. Survey of Native Reserves—Southland. Purchase of " Luna." 25 12 4 76 1 0 18 7 5 44 19 4 l"7 6 9 5 0 14 16 0 4 0 0 24 7 4 40 16 2 14 17 0 4 12 6 61 8 9 40 1 0 0 6 6 155 4 3 32 14 6 110 1 0 1 10 6 179 19 9 31 4 0 371 3 2 28 16 11 888 3 8 943 4 7 4,605 10 4 13 6 151 11 6 72"5 9 93 12 6 103 11 0 4 7 6 7,901 14 10 24 15 4 63 0 6 0 15 0 186 19 10 316 10 6 18 12 9 8 9 6 20 14 5 32 15 9 13 18 0 41 18 3 17 1 5 833 9 2 232 5 7 37 0 5 42 8 6 6 8 6 27 5 0 31 5 0 69 13 6 63 5 6 12 18 8 19 9 0 17 2 3 39 18 1 68 15 0 8 9 0 7 19 4 223 5 3 342 10 7 74 12 8 1,041 3 5 1,306 9 7 11 0 6 5 16 6 67"2 3 46 6 6 193 19 11 18 10 9 325 9 0 18 6 67 12 10 9 12 0 3,580 19 9 49 12 9 1,965 15 3 179" 7 0 104 1 6 0 11 6 2 3 6 286 3 6 55,371 0 10 356 7 8 7,000 0 0 Totals ... 94,396 2 10 942 3 10 90 11 5 1,337 18 11 429 3 8 254 1 5 158 9 9 555 2 8 194 7 8 827 19 11 222 2 8 5,012 1 11 99,408 4 9 Totals. Financial Yeab 1870-71. Financial Yeab 1870-71. j Civil List Permanent Charges : — Interest and Sinking Fund Under Acts of General Assembly ... „ " Provincial Audit Act, 1866 " ,, " Customs Regulation Act, 1868 " „ " Justices of the Peace Act, 1866 " ... „ " Weights and Measures Act, 1868 "... „ " Lunatics Act, 1868 " Appropriations : — Public Domains and Buildings Public Departments,— Governor'8 Establishment Legislative Department Executive Provincial, — Receiver of Revenue District Registrars of Births, &c. Registrars of Joint Stock Companies Treasury Stamp Department Printing Geological Electoral Law and Justice, — Colonial Charges Provincial Charges,— Supreme Court and Sheriffs' Offices District, Resident Magistrates', and Petty Sessions Courts Criminal Prosecutions, Coroners, &c. Registry of Land and Deeds ... Postal Telegraph Customs ... ... Marine Native Miscellaneous Bank Commission Defence Office —Militia and Volunteers Refunds of Revenue Supplementary Expenditure, 1868-69 and 1869-70 26,214 6 8 26,214 6 8 Civil List. Permanent Charges:— Interest and Sinking Fund. Under Acts of General Assembly. „ " Provincial Audit Act, 1866." „ " Customs Regulation Act, 1868." „ " Justices of the Peace Act, 1866." „ "Weights and Measures Act, 1868." „ " Lunatics Act, 1868." Appropriations:— Public Domains and Buildings. Public Departments,— Governor's Establishment. Legislative Department. Executive. Provincial, — Receiver of Revenue. District Registrars of Births, &c. Registrars of Joint Stock Companies. Treasury. Stamp Department. Printing. Geological. Electoral. Law and Justice, — Colonial Charges. Provincial Charges,— Supreme Court and Sheriffs' Offices. District, Resident Magistrates', and Petty Sessions Courts. Criminal Prosecutions, Coroners, &c. Registry of Land and Deeds. Postal. Telegraph. Customs. Marine. Native. Miscellaneous. Bank Commission. Defence Office—Militia and Volunteers. Refunds of Revenue. Supplementary Expenditure, 1868-69 and 1869-70. 178,834 19 10 29,204 17 5 See below 178,834 19 10 29,204 17 5 2,171 0 0 35 14 0 372 0 10 1 1 10 7 10 0 350 0 0 10 14 0 46 16 2 47 13 4 14 17 0 112'io 0 9 8 0 1 1 10 150 0 0 250 0 0 45 16 8 500 0 0 100 0 0 ! 577 10 0 25 0 0 300 19 8 37 10 0 2,171 0 0 35 14 0 372 0 10 1 1 10 7 10 0 3 15 0 3 15 0 2,959 3 9 2,959 3 9 1,579 19 0 14,037 0 6 10,147 18 0 1,579 19 0 14,037 0 6 10,147 18 0 532 1 6 50 0 0 786 15 8 528 10 9 35 7 10 8 15 0 25 0 0 30 11 5 176 10 2 45 16 8 225 0 0 206 17 6 67 16 0 83 "4 0 115 0 0 185 14 4 100 0 0 25 0 0 50 0 0 25 0 0 25 0 0 321 19 0 14 7 0 554 0 3 256 11 6 100 0 0 179 14 10 15 12 6 I 279 10 0 S 148 2 8 , 663 19 5 28 11 0 441 13 4 319 13 0 2 14 0 8 6 8 12 10 0 100 0 0 2,215 17 1 163 2 2 2,528 9 11 1,667 16 10 100 0 0 2,215 17 1 163 2 2 2,528 9 11 2,669 10 3 5,963 15 2 2,678 10 6 6,781 0 4 1,001 13 5 5,963 15 2 2,678 10 6 1,498 10 9 135 U 7 808 13 6 250 9 6 507 12 5 177 13 5 758 19 6 496 13 5 2,131 13 11 15 2 4 6,781 0 4 5,373 17 9 ... 5,373 17 9 1,458 7 1 4,486 7 10 254 12 8 716 14 11 2,623 17 9 3,024 13 9 149 5 0 846 12 4 357 1 3 1,548 8 1 62 10 0 544 8 6 1,449 15 6 4,659 6 4 453 7 11 2,738 0 6 1,419 5 4 5,666 12 1 18 13 4 90 0 0 8,246 15 10 24,321 4 4 8,246 15 10 24,321 4 4 1,922 4 7 42,211 1 5 3,843 17 7 1,912 3 2 9,124 2 2 22,563 15 9 44,282 14 9 4,922 8 9 7,182 6 9 4,243 10 9 2,313 4 0 2,775 1 7 9,099 11 8 4,352 7 8 7,578 13 6 325 0 0 358 2 2 571 9 11 446 12 11 490 15 6 841 14 4 1,309 18 2 4,626 18 8 4,271 3 11 3,914 5 5 292 10 10 503 16 5 1,281 19 10 1,446 8 8 1,217 17 7 391 5 0 1,191 11 5 3,350 6 9 1,869 10 10 3,672 12 3 88 16 6 375 2 1 1,323 8 1 2,072 8 4 774 1 10 1,636 5 5 2,301 14 3 8,792 4 10 6,419 16 2 3,836 11 10 1,186 10 8 370 14 7 4,606 12 4 1,297 8 7 3,602 12 4 2,168 7 10 2,994 10 10 13,928 1 9 9,142 6 5 8,130 9 11 137 1 6 86 10 3 115 17 10 268 12 2 278 3 4 9,380 16 1 12,267 1 9 47,696 11 8 31,586 15 8 33,496 3 6 9,380 16 1 14,189 6 4 89,907 13 1 35,430 13 3 35,408 6 8 9,124 2 2 31,397 14 2 44,466 0 9 4,922 8 9 21,767 3 11 5,341 12 3 11,937 3 0 7,728 4 11 33 6 0 4 12 9 720 "5 5 379 15 4 6" 5 0 ■ 0 15 0 8,833 18 5 183 6 0 150 0 0 3,862 11 0 857 8 8 1,388 12 8 522 2 6 0 0 2 4,545 6 8 23 9 3 1,492 10 0 640 10 2 13 7 4 150 0 0 833 10 9 1 11 11 393 11 8 139 8 0 0 2 3 21 0 0 1,535 17 0 3 15 0 342 13 0 280 10 6 0 9 9 97 15 6 2,197 2 7 184 ] 9 27 18 0 13 15 5 8,051 0 2 14,584 17 2 1,098 1 6 11,937 3 0 Totals ... Interest and Sinking Fund ... Payments to Provinces : — Capitation Allowance Special Allowance Road Districts Fund Account Unauthorized Expenditure 420,204 7 8 See above 50,679 9 3 39,883 18 0 35,386 3 3 2,750 0 0 12,400 0 0 4,078 11 1 1,896 5 9 4,305 5 5 458 6 8 960 0 0 30,317 19 11 17,500 12 0 7,175 16 5 1,000 0 0 5,000 0 0 8,017 16 8 5,672 5 9 664, 6 1 1,421 6 3 1,200 0 0 114,931 18 1 4,956 0 4 27,089 0 11 6,033 5 5 8 5 5 3,605 10 9 33,942 19 3 37,077 11 6 10,777 18 5 16,148 3 9 10,721 1 8 2,037 13 9 2,219 0 8 2,700 0 0 51,152 8 9 54,855 17 8 33,703 18 1 9,385 17 8 7,10} 1 0 224,688 9 10 179,672 19 ' 1 124,745 13 1 7,848 13 7 50,000 0 0 639,880 15 7 179,672 19 1 124,745 13 1 7,848 13 7 50,000 0 0 34,767 18 7 Totals. Interest and Sinking Fund. Payments to Provinces : — Capitation Allowance. Special Allowance. Road Districts Fund Account. Unauthorized Expenditure. 4,800 0 0 94o"o 0 8,000 0 0 14,000 0 0 34,767 18 7 Totals ... Advances for Public Works Advances from Special Fund repaid Overdraft, Bank of New Zealand Treasury Bills 454,972 6 3 9,073 6 7 46,000 0 0 60,000 0 0 200,000 0 0 141,099 10 6 11,698 8 11 60,994 8 4 16,975 14 9 51,776 19 4 10,587 1 7 89,798 9 2 33,825 19 10 153,712 4 6 16,486 18 8 586,955 15 7 1,036,915 19 11 9,073 6 7 46,000 0 0 60,000 0 0 200,000 0 0 Totals. Advances for Public Works. Advances from Special Fund Repaid. Overdraft, Bank of New Zealand. Treasury Bills. Totals. Add Liabilities. Totals ... Add Liabilities 770,045 12 10 94,306 2 10 1,351,989 6 6 99,408 4 9 Totals ... 864,351 15 8 141,099 10 6 11,698 8 11 60,994 8 4 16,975 14 9 51,776 19 4 10,587 1 7 89,798 9 2 33,825 19 10 153,712 4 6 16,486 18 8 :586,955 15 7 Totals. 1,451,397 11 3 % t . W \

B.—No. 2.

Table F. STATEMENT showing the TOTAL SUMS CREDITED, DEBITED, PAYABLE and PAID to the several PROVINCES under "The Payments to Provinces Act, 1870," during the FINANCIAL YEAR 1870-71.

12

41

FINANCIAL STATEMENT.

Sums G'bedited. Sums Debited. 1 Sums Payable to Provincial Accounts. Capitation Money. Special Allowance. Grants to Eoad Districts. Total. Transfers to this Account to cover Debit Balances arising during the Year. Tutul. Interest and Sinking Fund. Payments on Account of Services charged Prbvincially. Payments to Eoad Districts Fund Accounts. Total. Total. Auckland Taeanaki 'wellington ... Hawke'b Bat... Nelson MakLBOEOTJQH... Cantebbuet ... Westland Otago Sot'THLAKD ... £ s. d.' £ s. d. 124,000 0 0: 3,000 0 0 9,600 0 0 500 0 0 50,000 O 0 1,500 0 0 12,000 0 0 3,000 0 0 48,000 O 0 9,400 0 0 80,000 0 0 27,000 0 0 3,375 0 0 135,389 15 9 4,610 4 3 500,000 0 011,375 0 o' £ s. d. 12,400 0 0 960 0 a 5,000 0 0 1,200 0 0 4,800 0 0 940 0 0 8,000 0 0 2,700 0 0 14,000 0 0 £ s. d. 139,400 0 0 11,060 0 0 56,500 0 0 16,200 0 0 52,800 0 0 10,340 0 0 88,000 0 0 33,075 0 0 149,389 15 9 4,610 4 3 £ s. d.j ... ... 441 12 7| 22 8 4 & s. d.: 139,400 0 0 11,060 0 0: i 56,941 12 7 16,222 8 4 . 52,800 0 0 10,340 0 0 88,000 0 0 I 33,075 0 0 ,149,609 18 9 ' 16,486 18 8 £ • s. d. 39.S83 18 0 1,896 5 9 17,500 12 0 5,672 5 9 4,956 0 4 8 5 5 37,077 11 6 10,721 1 8 54,855 17 8 7,101 1 0 £ s. d. 50,679 9 3 4,078 11 1 30,317 19 11 8,017 16 8 14,931 18 I 1 6,033 5 5 33,942 19 3 16,118 3 9 51,152 8 9 9,385 17 8 £ s. d. 12,400 0 0 960 0 0 5,000 0 0 1,200 0 0 4,800 0 0 940 0 0 8,000 0 0 2,700 0 0 14,000 0 0 £ s. a. £ a. d. 102,963 7 3| 36,436 12 9 6,934 16 10, 4,125 3 2 52,818 11 11 4,123 0 8 14,890 2 Z>- 1,332 5 11 24,687 18 5 28,112 1 7 6,981 10 10! 3,358 9 2 79,020 10 9' 8,979 9 3 29,569 5 5 3,505 14 7 120,008 6 5 29,601 12 4 16,486 18 8: £ s. d. 139,400 0 0 11,060 0 0 56,941 12 7 16,222 8 4 52,800 0 0 10,340 0 0! 88,000 0 O 33,075 0 0 149,609 18 9 1C.48G 18 8 220 3 0 1 11,876 14 5] ... ToTAIS ... !5O,C0O 0 0561,375 0 0 573,935 18. 4 179,672 19 1 454,361 8 11119,574 9 5 573,935 18 <1 12,560 18 4 224,688 9 10 50,000 0 0 Suns Payable to Provinces Sims Payable TO PliOVINCES (AS ABOVE). Sums Paid to Provinces. ''.Balances Db. Balances Cb. Auckland Taiunaki Wellington ... Hawke's Bat... : Maiilboeough CAMJiKBUBY ... ; Westland \ Otago ! Southland Totals TO .TltOVIXJES (as above). £ s. d. ... 36,436 12 9 4,125 3 2 ... ! 4,123 0 8 1,332 5 11 ... 28,112 1 7 3,358 9 2 I 8,979 9 3 ' 3,505 14 7 ... 29,601 12 . 4 ... 119,574 9 5 £ s. cl. 38,136 3 3 4,763 12 1 8,175 16 5 2,085.12. 4 27,089 0 11 3,G05 10 9 10,777 18 5 4,256 14 5 33,703 18 1 I I £ s. d. 1,699 10 6 638 8 11 4,052 15- 9 . 753 6 5 247 1 7 1,798 9 2 750 19 10 4,102 5 9 I , £ s. d. ... - ... I .. ... 1,023 0 8 ... 132,594 6 8 14,042 17 11 1,023 0 8 * With the exci * With the exception of £168 0s. 6d. in the case til arisen out of transactions of the month of June. :-tyt tioi n of £li L68 0s. 6d. in the case c if Otago, the abi ne debit and credit balances liavi

B.—No. 2.

Table G. SUMMARY of RECEIPTS and EXPENDITURE of the PUBLIC ACCOUNT of NEW ZEALAND for the FINANCIAL YEAR 1870-71.

42

FINANCIAL STATEMENT.

Keceipts. Expenditure. Balances in hand on 1st July, 1870. Keceipts. Imprests unaccounted for, 1st July, 1870. Totals. Balances in hand on 30th June, 1871. Expenditure. Imprests unaccounted for 30th June, 1871 (see Statement beneath). Totals. Consolidated Fund Special Fund Public Works Account ... Land Fund Trust Fund 41,222 7 6 34,131 15 10 5,078 14 3 95,166 2 10 1,537,201 7 2 1,190,587 6 1 111,068 13 9 343,230 16 10 334,984 19 1 14,498 9 9 44,587 1 (5 Ci: 3,664 1 10 35 14 4 1,592,922 4 5 1,269,306 3 5 111,063 13 9 344, 645 9 3 430,186 16 3 70,070 17 0 12,495 2 5 4,503 13 10 1,836 14 6 63,962 14 2 1,509,433 19 5 1,232,948 8 8 97,627 6 3 344,597 6 11 3G6,252 13 11 13,417 8 0 23,862 12 4 8,937 13 8 Or. 1,788 12 2 Or. 28 11 10 1,592,922 4 1,209,306 3 111,068 13 344,645 9 430,186 16 Total 175, 599 0 5 3,517,073 2 11 55,457 3 9 3,748,129 7 1 152,869 1 11 3,550,859 15 2 44,400 10 0 3,748,129 7 Advances —Imperial Government „ to Provinces in Separate Account „ under Bay of Islands Settlement Act „ under Auckland Reserve Act „ Miscellaneous Total • ■• £ b. d. 345 6 9 ... 6,074 5 1 7,439 12 10 2,101 3 0 ... 28,440 2 4 ... £44,400 10 0 Treasury, 31st August, 1871. Pay C. T. Batkin, ymaster-General and Accountant,

:.—No. 2.

Table H. STATEMENT of the RECEIPTS of the CONSOLIDATED FUND for the YEAR ended 30th JUNE, 1871.

43

FINANCIAL STATEMENT.

PROVINCIAL. RECEIPTS. TOTALS. GENERAL. Auckland. Tabanaki. Wellington-. Hawke's Bat. 1 Nbmoh. Hablboeo'. C.VNTEBBUEY. Westland. OlAQO. Southland. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. a. £ s. d. £ b. d. £ s. d. £ b. d. Customs Duties ... .;.' ,, Rents, Seizures, &e. ,, Boaded Warehouse Dntie3 ...• 49 13 0 159,316 14 10 104 12 7 1,385 10 10 5,566 5 2 26 3 8 50 0 0 74,090 9 8 10 0 575 0 0 ,25,312 7 4 68,930 12 2 110 275 0 0 6,774 14 10 8 18 6 25 0 0 97,461 11 5 13 12 0 408 15 0 68,084 11 10 219,451 3 6 28 13 4 775 0 0 6,907 17 3 731, 946 1 0 184 1 1 4,229 11 3 200 'o 0 475 5 5 Fees: — " Merchant Shipping Act, 1858 "... "Arms Act, 1860" " Oyster Fisheries Act, 1866" " Marine Act, 1836 " " Steam Navigation Act, 1866" ... " Distillation Act, 1868 " Stamp Duties Postal Telegraphic 231 14 0 512 16 0 1,273 18 11 167 9 6 84 O 0 12,5(57 2 3 9,009 17 11 3,102 16 9 1 11 3 17 0 0 ... 98 16 6 118 4 0 0 2 6 937 9 9 109 4 0 71 0 0 5,103 4 2 4,554 2 5 3,077 13 6 9 6 9 43 11 0 10 10 0 35 0 0 ! 2,087 10 3 1,405 12 4 1,077 19 7 34 6 0 193 2 0 8 0 0 650 19 5 39 18 0 75 0 0 3,468 13 2 2,471 0 7 2,137 8 8 12 3 56 15 0 2 0 0 66 19 8 113 18 3 174 9 0 15 0 1,037 9 8 46 4 0 101 0 0 10,809 12 4 8,033 7 6 3,306 7 8 8 3 6 206 9 0 39 1 2 18 18 0 72 0 0 2,838 16 5 2,957 7 6 2,030 19 10 162 14 6 232 7 0 1 17 6 1,594 6 5 118 13 0 172 0 0 17,163 1 3 13,089 7 7 6,826 7 4 5 8 3 26 5 0 1 17 6 106 10 8 667 1 3 1,580 18 0 15 2 6 5,706 15 8 510 16 6 633 0 0 55,621 1 5 43,086 15 0 22,545 16 4 ia" i 3 11 1 10 7 0 0 335 13 5 450 4 9 85 14 0 15 0 0 648 5 3 701 12 4 739 3 4 10 0 587 1 8 398 0 3 161 5 8 Judicial Fees and Fines : — Supreme Court... Sheriffs'Offices... District Courts... ... ... ,„' Resident Magistrates' Courts ... ... Petty Sessions Courts 1,528 17 6 242 6 4 1,008 4 6 4,350 4 2 119 10 6 20 2 8 2 8 8 30 17 0 300 13 8 579 5 6 73 16 0 138 19 0 24 19 0 133 18 0 324 19 0 114 3 6 485 8 6 27 6 6 73 9 0 2,709 13 5 64 3 6 3 15 0 803 19 10 41 14 0 102 16 0 3,948 1 11 158 17 5 148 15 4 38 16 0 518 15 0 3,234 0 0 1,488 19 0 161 17 6 233 2 O 5,338 16 5 58 11 5 63 6 4 5,321 17 2 616 19 0 2,101 1 6 22,579 4 2 480 16 10 22" 12 10 1,895 2 1 327 4 8 22 19 6 127 16 0 6 14 6 Fees :— Registration of Land „ Deeds „ Births, &c. „ Medical Practitioners „ Joint Stock Companies Issue of Crown Grants ... Under " Land Claims Settlement Act, 1856 " „ "Native Circuit Courts Act, 1858" ... „ "Debtors and Creditors Acts 1862-65-66" „ " Patents Acts, 1860-1870 " „ " Aliens Act, 18.6.0 ". ,.. „ " Lost Land Orders Act, 1861" „ " Lost Licenses and Leases Act, 1865 " „ "Licensing Ordinance Amendment Act, 1866" ... 7*15 0 2" 4 0 84 1 1 3,892 13 0 622 14 0 4 10 0 173 13 6 1,435 17 1 9' 7 6 468 12 6 30 7 6 8 15 0 430 13 1 45 11 0 1,510 13 0 266 15 6 3 5 0 48 10 6 446 2 1 48 18 11 5 3 0 678 14 0 72 17 6 15 0 369 1 2 44 12 0 643 8 6 211 10 0 10 0 48116 7 568" 6 0 56 17 6 213 "l6 9 236 0 0 3,297 9 6 443 3 6 4 0 0 15 2 0 1,958 17 0 395 15 0 223 11 6 2 15 0 15 12 6 300 11 6 496 5 6 3,565 9 6 732 9 0 1 10 0 28 11 0 1,948 18 9 290 10 0 34 13 6 113 4 6 911 12 7 15,311 11 0 2,702 14 6 18 5 0 290-4 6 7,638 18 6 48 18 11 11 11 6 .,. 118*19 O 17 13 0 13 11 0 2 0 0 l' 1 0 32 12 0 68 1 0 2o'o 0 2" 10 0 12 10 0 12 10 0 22 10 0 17 13 0 236 3 0 70 1 0 6 10 0 25 0 0 6 0 0 0 10 0 25 0 0 25 0 0 25 0 0 Carried forward 249 6 11 201,261 16 9 32,065 16 5 82,905 15 6 7,839 3 4 ,93,754 19 1 10,296 14 1 132,620 13 0 J81,622 14 6 273,692 11 6 8,831 11 1 925,141 2 2

B.—No. 2.

44

FINANCIAL STATEMENT.

PROVINCIAL. GENERAL. TOTALS. RECEIPTS. Auckland. Taranaki. Wellington. IIawke's Bat. Nelson. Makleoeo'. Canteebuey. Westland. Otago. Southland. £ s. d. £ e. d. £ s. d. £ s. d. 7,839 3 4 93,751 19 1 £ s. d. £ s. d. £ s. d. £ g. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward ... Fees: — Under " Coroners Act, 1867 " „ "Lunatics Act, 1868" „ "Weights and Measures Act, 1868" Armed Constabulary Reward Fund ... Incidental Eeceipts 249 6 11 201,261 1G 9 32,065 16 5 82,905 15 6 10,296 14 1 132,620 13 0 81,622 14 6 273,692 11 6 8,831 11 1 925,141 2 2 li' 15 0 7 15 0 0 10 0 0 16 7 11 10 0 2 0 10 0 13 3 1 1 6 11 16 0 4 11 13 9 20" 0 0 12 11 7 6" 7 1 1 10 0 47 18 7 51 15 1 1,389 15 7 8,732 9 5 1,38915 7 8,674 1 5 12 0 0 ... ... 313 O 48"IS 0 ... ... ... Recoveries for Credit of Votes :— Civil List Fund Account... Liabilities, 1868-69 ... Liabilities, 1869-70 ... „ Armed Constabulary'^and Contingent Defence Service of (be Year 1870-71 Sale of Schooner " Edith " ... Supplementary, 1870-71, — Advances, Province of Wellington Miscellaneous Treasury Bills —Amount raised Shilling Fund Release Account ... Transfer from Special Fund . ... ... 10,313 3 11 201,296 7 3 7,839 19 11 93,756 10 11 ','.'. 272"8 1 ... 0 2 0 1 22 10 0 82,065 18 5 82,921 5 6 10,296 14 1 132,640 6 4 il,634 8 3 273,767 18 1 8,831 18 2 935,364 10,10 1,156 2 11 307 8 9 3,128 15 5 6 0 0 33 15 0 7" 5 0 98 17 0 9,653 12 11 2,155 3 9 1,250 0 0 916" 0 9 26 19 4 2 15 3 11 11 11 69 6 4 50017 10 25,073 4 6 18" 5 10 4,918 13 1 516 13 4 50,000 0 0 5,348 0 0 20,295 6 6 109,013 0 7 i ... 50,000 0 0 5,348 0 0 20,295 6 6 ... i ~~ Recoveries on" account of payments made from Revenue of the Year 1869-70 ... Recoveries from Provinces on account of Debit Balances :— 30th June, 1870 30th June, 1871 Transfer under section 7 of ''Appropriation Act, 1870" Reserve Account, 1869-70 :— Balance returned to revenue Advances for Public Works repaid Transfer from Special Fund in London " Public Revenues Act, 1867,"— Deficiency Bill in renewal of Overdraft Treasury Bills— in renewal 4.. 202,218 8 0 7,840 1 11 9-1,051 0 0 32,126 12 9 82,924 0 9 10,308 6 0 132,709 12 8 81,652 14 1 274,374 17 11 8,831 18 2 1,036,081 1 10 53,719 12 6 53,719 12 G 3,183 10 0 | 1,090 13 2 ' 4,506 8 10 441 12 7 1,627 11 G 22 8 4 1,204 4 4 430 15 4 13,391 14 1 4,293 6 5 11,940 16 9 220 3 0 7,814 8 7 11,876 14 5 49,483 9 0 12,560 18 4 53,098 18 4 I 53,098 18 4 ... 17,184 0 7 9,073 6 7 46,000 0 0 ■" 17,184 0 7 9,073 6 7 46,000 0 0 I 60,000 0 O 200, 000 0 0 !648,118 18 7 60,000 0 O 200,000 0 0 ... . _ Totals 205,401 18 0 8,930 15 1 98,999 10 5 33,776 12 7 84,128 5 1 10,739 1 4 14G.101 6 9 85,946 0 6 286,535 17 8 28,523 1 2 1,537,201 7 2 i

Table H continued, iTATEMENT of the Beceipts of the Consolidated Fxjkd for the Yeah ended 30th Jttne, 1871.

B.—Me. 9

Table H (1). COMPARATIVE RETURN of CUSTOMS REVENUE at the several Ports of Now Zealand, for the Financial Years ended the 30th day of June, 1869-70 and 1870-71.

Table H (2). RETURN of the GROSSs CUSTOMS REVENUE for each Quarter, from September Quarter, 1859, to the Quarter ended 30th June, 1871, inclusive.

45

FINANCIAL STATEMENT.

POKTS. Financial Yeae. 1870-71. Financial Yeab, 1869-70. IXCKEASE. Decrease. Auckland Thames ... Russell Mangonui Hokianga New Plymouth Wanganui Wellington Napier Wairau Picton Havelock Kaikoura Nelson Westport Greymouth Hokitika Okarito Lytteltou and Christehurcli Ak:iroa Timaru Oamaru Dunedin Invereargill Bluff Harbour Riverton Chatham Islands ... £ s. d. 140,273 6 6 9,339 18 4 1,599 15 10 624 16 10 1,815 15 3 5,500 5 2 10,347 3 10 57,810 19 4 25,321 14 3 4,196 3 5 1,278 17 4 599 18 1 805 5 6 27,938 4 6 20,190 15 3 41,067 11 7 45,453 10 4 1,877 19 11 85,826 19 6 174 8 7 11,810 17 2 6,464 18 6 190,758 15 8 21,917 0 0 888 17 7 6,686 16 8 30 1 6 £ s. d. I £ s. d. 202,315 19 4 ! 1,668 4 9 ; 7,773 13 7 2,150 19 6 952 14 2 3,089 14 10 : 6,404 9 9 16,599 10 3 58,392 6 1 20,965 10 9 ! 3,843 <t 0 | 352 19 5 1,133 19 10 ! 144 17 6 746 2 8 : 1,060 5 2 29,076 13 10 i 19,608 5 9 1 582 9 0 47,747 1 5 : 51,812 17! 2,101 12 8 I 81,229 10 7 4,597 8 11 899 16 11 10,070 19 0 1,739 18 2 8,602 12 10 . 205,136 7 5' 20,807 19 10 j 1,049 0 2 613 10 8 ; 275 6 11 1,71-7 11 3 i 1,939 6 5 22 2 4 | 7 19 2 £ s. d. 56,042 12 10 551 3 8 327 17 4 1,273 19 7 898 4 7 252 0 5 551 6 9 1,010 16 6 146 4 7 254 19 8 1,738 9 4 0,079 9 10 0,358 11 3 223 12 9 725 8 4 2,137 14 4 11,377 11 9 Total £ 733,299 16 5 808,417 7 2 ] 18,462 18 9 93,580 9 6 Increase .€18,462 18 9 Decrease for Year l«| £75,117 10 9

Financial Year 1859-60. Financial Yeae 1865-66. September Quarter £1SO,16O") December „ 198,413 ( „„- „.,_ March „ 208,791 ( i'lJb '-' June „ 208,855 J September Quarter £41,491") December „ 44,607 f March „ 46,298 C il'8 '117 June „ 45,721.) Financial Yeae 1860-61. September Quarter £45,700") December, „ 51,350 ( „,.. fi1? March „ 52,2861 *Z0*»8la June „ 55,227.) Financial Yeae 18GG-67. September Quarter £199,452) December „ 227,268 f R , „„„ March „ 220,188 C -b64.668 Juue ., 217,780 J Financial Yeae 1861-62. September Quarter £66,035") December „ 86,46(5 f „,,„ ,„, March „ 98,050 C iJ '6Ji June „ 87,943 J Financial Yeae 1807 G8. September Quarter £196,916°) December „ 209,118 ( p-aaiau March „ 194618 C £'03' 39j! June „ 192,742V Financial Yeae 18G2-63. Financial Yeae 1868-69. September Quarter £191,607') December „ 209,862( ,,„,. 9(1 , March „ 189,590 f *8°4,204 June „ 213,115^ September Quarter £94,754") December „ 118,526 f „,,,.„, March „ 127,4051 m >°^ June „ 147,777 J Financial Yeab 1863-61. Financi.il Yeae 1869-70. September Quarter £205,10;)-) December „ • 316,677 f esnSAS9 March „ 199,6641 *808 '42a June „ 187,981 ) Financial Year 1870-71. September Quarter £190,490 ~\ December „ 187,752/ , Mr . March , 171,479 f 300 Juno „ 183,570^ September Quarter £145,591 December „ 171,001 March „ 1-17,778 June „ 162,629 £617,002 Financial Yeae 1861-65. September Quarter £140,872 December „ 150,995 March „ 167,690 June „ 1S3.710 £613,297

R-JNo. 2.

Table H (3). STATEMENT showing the REVENUE from STAMP DUTIES during the Financial Year 1870-71.

46

FINANCIAL STATEMENT.

Ujtdeb Schedule I. Adhesive. Bank Under Composition. Schedule IV. Impressed. I Adhesive. Under Schedule II. Fees, Fines, and Penalties. Commission Refunded. Miscellaneous. Totals. Under Schedule III. : £ s. d. £ s. d. , £ b. d. £ s. d. £ s. d. £ s. d. £ s. d. £ : s. d. £ ! s. d. £ s. d. GrENEBAL — Chatham Islands 6 4 7 5 16 8 ... 12 1 3 Pkovincial— Auckland 3,194 1 7 I 6,790 18 8 374 0 0 22 13 3 7 16 7 1,876 18 2 298 16 9 1 17 3 12,567 2 3 Taranaki 33 5 4 185 11 1 7 10 0 3 4 10 14 1 5 80 18 6 11 2 3 335 13 5 Wellington 1,878 3 4 1,786 15 5 336 0 0 38 11 8 16i 0 3 754 0 3 145 13 3 5,103 4 2 Hawke's Bay 575 19 6 666 11 5 90 0 0 133 1 3 21 12 4 417 8 1 182 5 6 0 12 2 2,087 10 3 Nelson 767 15 2 1,009 0 8 185 10 0 35 0 0 2 2 3 1,427 18 7 41 6 6 3,468 13 2 Marlborough I 191 3 6 222 3 7 9 0 0 220 0 8 5 17 6 648 5 3 Canterbury 3,947 17 9 3,732 6 7 615 17 6 202 17 10 17 1 1 2,119 10 0 1G7 19 7 0 2 0 6 0 0 10,809 12 4 Westland 1,045 11 8 1,016 15 6 21 10 0 6 19 1 730 9 2 17 11 0 2,838 16 5 Otago 7,011 5 6 4,589 12 0 917 5 0 583 15 10 182 8 3 3,737 14 0 135 4 6 2 5 6 3 15 8 17,163 1 3 Southland 167 16 1 889 3 7 14 0 0 64 5 9 16 3 0 10 0 587 1 8 I, Totals 18,819 4 0 20,344 15 2 2,570 12 6 1,026 3 9 408 17 2 11,429 3 2 1,007 3 1 4 16 11 10 5 8 55,621 1 5

B.—No. a.

Table H (4). RETURN of the VALUE of IMPORTS and EXPORTS at each Port of New Zealand for the Financial Year ended 30th June, 1871.

47

FINANCIAL STATEMENT.

Value of Imposts. Value of Expobts. Poets. narters Endi id Quarters Endi Sep. 30. Dec. 31. March 31. June 30. Total. Sep. 30. Dec. 31. March 31. June 30. Total. £ £ £ £ £ £ £ £ £ £ Auckland 305,773 239,361 199,761 185,346 930,241 170,013 166,540 392,377 330,212 1,059,142 Thames 926 2,324 3,415 4,019 10,684 300 1,001 1,301 Russell 12 130 1,820 1,164 3,126 2*7Q to 570 1,127 2,306 4,281 Mongonui 226 40 266 89 258 347 Hokianga 690 419 1,109 2,357 3,461 838 2,779 9,435 Kaipara 790 790 New Plymouth 3,876 2,670 2,982 2,868 12,396 Wanganui 16,679 14,682 9,724 9,917 51,002 982 1,642 1,576 1,088 5,288 Wellington 115,446 112,733 134,232 66,530 428,941 42,858 70,201 117,112 49,700 279,871 Napier 23,935 30,682 14,663 18,722 88,002 24 79,680 1 79,705 Wairau 1,918 1,346 2,933 1,517 7,714 40,834 12,472 53,306 Picton 438 1,512 677 524 3,151 1,730 2,469 72 2,324 6,595 Kaikouva 23 51 25 99 Nelson 65,102 45,703 77,151 22,728 210,684 10,883 18,466 16,836 14,213 60,398 Westport 16,700 25,467 14,123 22,451 78,741 68,308 84,670 15,871 58,573 227,422 Greymouth 40,001 60,431 33,551 52,034 186,017 97,176 96,331 91,045 82,800 367,352 Hokitika 62,774 45,159 45,205 47,579 200,717 106,054 100,224 94,769 93,304 394,441 Okarito 1,449 2,074 3,523 4,144 6,206 4,581 7,690 22,621 Lyttelton 107,095 126,514 166,649 84,241 484,499 67,711 80,929 261,904 176,537 587,081 Akaroa 25 25 Timaru 5,592 14,315 11,229 7,616 38,752 6,017 4,891 1,171 9,121 21,200 Oamaru 2,023 2,576 6,144 2,794 13,537 4,466 4,401 3,388 5,336 17,591 Dunedin 389,187 260,882 273,509 259,665 1,183,243 155,716 223,308 543,933 398,816 1,321,773 Invercargill 18,329 32,794 22,157 19,349 92,629 11,953 4,676 73,623 42,917 133,169 Bluff Harbour... 819 1,856 1,118 2,912 6,705 11,379 3,091 17,665 3,843 35,978 Riverton 4,787 8,225 1,999 5,011 20,022 1,693 2,020 1,612 5,325 Chatham Islands - Totals £ 1,181,460 1,031,552 1,023,268 819,545 4,055,825 764, 508 874,120 1,758,791 1,296,993 4,694,412

B.—No. 2

FINANCIAL STATEMENT.

48

Table H (5). RETURN of the VALUE of IMPORTS and EXPORTS for each PROVINCE for the Financial Year ended 30th JUNE, 1871.

Table H (6). RETURN of the QUANTITY of FLOUR and GRAIN Imported into and Exported from New Zealand for the Ten Years ended on the 31st DECEMBER, 1870.

Peovinces. Value of Imposts. Value op EXPOKTS. £ £ Auckland Taranaki Wellington Hawke's Bay Mavlborough Nelson Westland Canterbury Otago 945,426 12,396 479,943 88,002 10,964 289,425 390,257 523,276 1,316,136 1,075,296 285,159 79,705 G!>,001 287,820 784,414 608,281 1,513,836 Totals ■i; 055,825 4,694,412

1863. 1861. 1862. 1864. 186: Imports. Exports. Imports. Exports Imports. Exports. Imports. Exports. Imports. Exports. IHour ... tons 4,882 41 6,202 14,986 16,1881 1 I 19,801 1 Grain— 26,662 30 35,364 3,238 2,390 Barley ... bushels 8,956 14,868 ; ... 18,901. Maize ... „ 18,818 58,590 200 195,225 127,246 I ... 133,975 Oats ... „ 65,619 119 207,572 505,460 459,185 3,580 99,295 19,584 Wheat ... „ 61,210 497 208,6/7 6,047 164,022 24S.SG3 \ ... 331,116 3,473 Not described „ 7,502 325 1861 186' 1868. 18G9. 187i Imports. Exports. Imports. Exports. Imports. Exports. Imports. Exports. Imports. Exports. Flour ... tons 23,264 2J 8,098 971* 8,871 153J 6,347^ 501 4,759 737i Grain — 9,258 15,031 Barley ... bushels 28,966 443 51,366; 1,600 1,058 11-1,015 392 92, 557| Maize ... „ 125,680 114,566 86,701 1,150 107,425 S8,583 310 Oats ... „ 89,043 27,449 65,672 17,639 10,227 484,533 1,606 312,6779,618 310,205 Wheat ... „ 266,186 4,769 235,473 131,915 18S.477 94,297 183,256 81,758 80,011 387,185 Not described „ 2,024 331

X— No. 2.

Table H (7). RETURN of the QUANTITY and VALUE of GOLD EXPORTED from the various Ports and Provinces of New Zealand during the Financial Year 1870-71, as compared with the like period of 1869-70.

49

FINANCIAL STATEMENT.

Financial Year ended 30th June, 1871. Financial Year ended 30th June, 1870. Total Exported for Total Exported foe Financial Year 1869-70. Peoeuce of the EiPOETora Poets. Quarters ended Quarters ended 1870-71. Peotinoe oi' 30th Sept. 31st Dec. 31st Mar. J 30th June. 30th Sept. 31st Dec. 31st Mar. 30th June. Quantity. Value. Quantity. Value. ' I I I i i ! I Oz. Oz. Oz. Oz. Oz. Oz. Oz. Oz. Oz. £ Oz. £ Auckland ... Luckland ... 16,106 16,086 84,019 I 65,216 20,743 40,557 30,008 23,334 181,427 657,098 114, 642 402,998 Pictoa • t*. Marlborough <■ 433 582 140 581 270 500 48 789 1,596 6,384 1,289 5,156 Nelson 410 1,640 48 192 Wellington,.. Wellington 30 30 120 Nelson f 2,201 3,498 2,542 2,519 2,287 3,208 3,223 3,322 10,760 43,040 12,040 47,876 Westport ... ■Nelson ... ■{ 16,810 l_ 14,979 20,504 3,683 . 14,374 20,393 15,919 22,085 15,158 55,371 221,484 73,555 295,400 Greyrnouth... 14, 606 14,719 11,561 15,215 15,994 15,798 15,470 55,865 223,460 62,477 249, 906. Grreymouth... Westland f 8,997 25,918 1,036 L 177 8,230 7,776 8,665 12,413 13,696 12,665 9,847 33,668 134, 672 48,621 194,484 Hokitika 24,536 23,459 22,756 29,493 25,945 25,808 23,595 96,669 386,676 104, 841 419,448 1,512 • Okarito 1,145 1,890 1,039 1,668 354 1,917 5,583 22,332 4,978 19,912 Lyttelton ... 4 i I 66 181 724 66 255 Dunedin )tago 36,238 51,229 41,068 47,067 37,800 40,826 46,386 28,841 175,602 702, 408 153,853 615,496 InTcrcargill... louthland... 1,152 ... 1,605 893 812 885 421 2,757 11,028 3,011 12,046 Bluff Hai-bour I ... ... I 5 5 20 Totals : j 121,017 140, 783 180,160 174,899 140, 776 158,630 157,326 122, 724 619,889 579, 456 2,263,309 2,410,946 Increase of Gold Exported during the Financial Year 1870-71, over quantity for Fii Office of the Commissioner of Customs, Wellington, 29th July, 1871. lancial Year 1869-70, 40,433 oz. "William Seed, Secretar of Customs.

B.—No. 2.

Table H (8). RETURN showing the AMOUNT and VALUE of GOLD EXPORTED during the Financial Years from 1856-57 to 1870-71.

50

FINANCIAL STATEMENT.

1856-57. 1857-58. 1858-59. 1859-60. 1860-61. 1861-62. 1862-63. 1863 1-64. ""'" I Oz. Value. Oz. Value. 0, I Value. Oz. Value. Oz. Value, j Oz. Value. Oz. Value. Oz. Value. £ £ £ £ £ * £ 4,337 8,873 £ 13,689 34,381 £ 11,878 41,745 27,919 91 Auckland ... Nelson Marlborough Canterbury... Westland ... Otago Southland ... to is O 3 O I 4 1 ::: to ja o ... ... ... I 401 i686 ... 1,905 i284 3,910 10,772 7,205 23 ... ... 537^ 817 2,084,039 ... ... 449,279 Totals I 976 ! 36,747 6,147 23,818 6,341 24,568 1,740,956 504,896 1,953,354 2,165,672 3,784 17,220 66,730 9,482 559,727 1864-65. 1865-66. 1866-67. 1867-68. 1868-69. 1869-70. 1870-71. Value. Oz. Value. Oz. Value. Oz. Value. Oz. Value. Oz. Value. Oz. Value. Oz. £ 11,627 £ 16,197 £ 8,847 | £ 73,966 £ 402,998 120 593,182 5,348 181,427 £ 657, 098 Auckland ... Wellington... Nelson Marlborough Canterbury... Westland ... Otago Southland ... 3,853 5,410 4,368 22,984 90,900 286,335 j 114,642 30 723,696 148,072 664 ; 1,337 27,720 22,424 57,025 107,491 85,878 226,573 135,275 2,418 390, 238 524, 199 9,373 1,512,093 168,044 532 337,837 651,173 2,061 1,309,120 241,031 700 147,248 106, 442 149,545 10,703 964,124 2,800 588,992 425,768 598,180 42,812 180,924 166 121,996 2,006 487,984 8,024 309,576 1,199,610 203,850 1,625 789,919 6,297 154, 973 8,791 600, 521 34,067 184,648 155,072 4,099 738,592 158,506 620,288 j *156,869 16,396 ! M4J099 *627, 562 136,101 *178,359 544,404 •713,436 ... 420,598 1,631,179 738,816 2,888,078 ! I 674,545 : 2,410,946 Totals 2,605,789 j 678,653 2,696,642 615,809 2,385,971 I 579,456 2,263,309 619, 889 * Including late_ProTince of Southland. Total Amount of Gold Exported Total Value op Gold Expobtep 5,881,834 Ounces. £22,867,543.

FINANCIAL STATEMENT.

51

B.—No. 2.

Table H (9). RETURN showing the VALUE of NEW ZEALAND FLAX EXPORTED during the under-mentioned Periods.

Provinces. 1866. 1867. 1868. 1869. 1870. Half-year ended 30th June, 1871. £ £ £ £ £ £ Auckland 949 3,575 5,664 24,013 42,827 15,687 Wellington 75 1,158 21,264 10,803 Napier 575 3 Maryborough 790 3,065 Nelson 36 42 1,694 1,880 Canterbury 10 70 487 16,840 52,006 11,445 Otago 1 287 1,585 3,098 9,968 6,379 Southland 324 326 95 3,454 608 Totals 996 4,256 8,137 45,246 132,578 49,870 i

Table I. COMPARISON between portion of CONSOLIDATED REVENUE payable to Provinces for the FINANCIAL YEAR 1869-70, and that which is proposed to be paid on Provincial Account for the YEAR 1871-72, a moiety of the Stamp Duties (estimated at £80,000) being included in the latter Year.

52

FINANCIAL STATEMENT.

B.—No

1869-70. 1871-72. Balances. PaoviNCis. Moiety of Consolidated Revenue. Provincial Charges. Eevcnuo payable to Provinces. Capitation at 15s. per head. Special Allowances. Road Board Fund, at £100,000. Moiety of StampDuties, Total Credits. ' at £80,000. Cost of Inland Hails, and Salaries of Provincial Auditors. Net Eevenue In favour of of Province. Province. Against Province. Auckland Tarannki Wellington Hawke's Bay... ... .,. Nelson Marlborougta... ... Canterbury ... Westland Otago (including Southland) £ s. d. 129, 093 4 2 4,449 4 5 47,458 9 7 16,413 4 9 41,278 16 2 5,081 8 10 62,928 1 3 47,062 16 9 148,604 17 0 £ s. d. 50,732 1 4 3,162.16 3 27,723 13 4 7,645 6 6 15,143 12 7 6,108 4 4 36,842 8 11 19,370 4 5 55,624 19 4 £ s. d. 78,301 2 10 1,280 8 2 19,734 16 3 8,767 18 3 29,135 3 7 Dr.l,02G 15 6 20,085 12 4 27,692 12 4 92,979 17 8 £ b. d. 46,751 5 0 3.3G0 0 0| 18,000 15 0; 4,544 5 0 10,875 15 0 3,926 5 0 35,100 15 0 11,517 15 0 52,118 5 0 £ s. d. 1,500 0 0 250 0 0 750 0 0 1,500 0 0 £ s. d. 24,324 18 0 1,748 4 5 9,305 17 9, 2,364 8 0 8,780 10 8 2,042 16 10 18,263 1 10 5,992 15 0 27,117 7 6 £ s. d. 9,039 12 5 241 9 0 3,670 15 7 1,501 11 2 2,495 0 10 466 5 11 7,775 8 10 2,041 19 7 12,767 16 8 £ s. d. 81,615 15 5; 5,599 13 5 31,787 8 4 9,910 4 2 28,151 6 6 0,435 7 9 61,139 5 8 21,472 2 1 92,003 9 2 l £ s. d. 4,020 O O 360 O 0 2,570 0 O 1,370 O O 1,850 0 O 760 0 O 5,130 0 0 2,870 0 0 1 7,170 0 0 £ s. d. 77,595 15 5 5,239 13 5 29,217 8 4 8,540 4 2 26,301 G 6 5,675 7 9 56,009 5 8 18,602 2 1 84,833 9 2 £ s. d. 3,953 5 3 9,482 12 1 £ s. d. 765 7 5 227 14 1 2,833 17 1 6,702 3 3 20,923 13 4 ... 1,919 12 G 9,090 10 3 8,146 8 6 ... ... Totals ... £ 505,370 2 111 1222,353 7 0 284,013 11 5 192,195 0 Ol 15,919 12 eilOO.OOO 0 p| [40,000 0 0;338,114 12 6!26, 100 00 1312,014 12 6 50,061 13 11 Less Marlborough Dr. l,02G IS G 21,063 17 4 Net Eevenue, £ 15 11 Net gain to Provinces, £ 28,997 16 7 Table I (i). STATEMENT showing the Allowam es to the Provinces for the Teak 1870-71, less the Appropriations agaim it those Allowances. Credit. Debit. Provinces. et Allowance. Capitation. Special Allowances. Road Board Fund. Totals. Departmental Charges. Auckland Taranaki Wellington Hawke's Bay Nelson Marlborough Canterbury Westland Otago • •< £ s. d. 124,000 0 0 9,600 0 0 50,000 0 0 12,000 0 0 48,000 0 0 9,400 0 0 80,000 0 0 27,000 0 0 140, 000 0 0 £ s. d. 3,000 0 0 500 0 0 1,500 0 0 3,000 0 0 £ s. d. 12,400 0 O 960 0 0 5,000 0 0 1,200 0 0 4,800 0 0 910 0 0 8,000 0 0 2,700 0 O 14,000 0 0 £ s. d. 139,400 0 0 11,060 0 0 56,500 0 0 16,200 0 0 52,800 0 0 10,340 0 0 88,000 0 0 33,075 0 0 154,000 0 0 £ s. d. 48,234 2 3 4,171 15 5 30,554 0 0 8,273 1 1 17,204 13 8 5,465 8 2 37,369 6 5 18,490 7 11 54,099 18 3 £ s. d. 91,165 17 9 6,888 4 7 25,946 0 0 7,926 18 11 35,595 6 4 4,874 11 10 50,630 13 7 14,584 12 1 99,900 1 0 3,375 0 0 Totals 500,000 0 0 11,375 0 0 CO,000 0 0 561,375 0 0 223,862 13 2 337,512 6 10

B.—No. 2.

Table I (2). STATEMENT showing the proposed Allowances to the PROVINCES and the Sums to be devoted to objects of a Provincial character for the YEAR 1871-72, less the Charges against those Allowances.

53

FINANCIAL STATEMENT.

Ceedit. Debit. Pbovikces. Population. Net Revektte. Capitation, at 15s. per head. Special Allowances. Eoad Board Fund. Moiety of Stamp Duties. Totals. Inland Mails and Provincial Auditors. Auckland Taranaki Wellington Hawke'a Bay Nelson Marlborough Canterbury Westl»nd Otago'... 62,335 4,480 24,001 6,059 22,501 5,235 46,801 15,357 69,491 £ s. d. 46,751 5 0 3,360 0 0 18,000 15 0 4,544 5 0 16,875 15 0 3,926 5 0 35,100 15 0 11,517 15 0 52,118 5 0 £ 8. d. 1,500 0 0 250 0 0 750 0 0 1,500 0 0 £ s. d. 24,324 18 0 1,748 4 5 9,365 17 9 2,364 8 0 8,780 10 8 2,042 16 10 18,263 1 10 5,992 15 0 27,117 7 6 £ s. d. 9,039 12 5 241 9 0 3,670 15 7 1,501 11 2 2,495 0 10 466 5 11 7,775 8 10 2,041 19 7 12,767 16 8 £ s. d. 81,615 15 5 5,599 13 5 31,787 8 4 9,910 4 2 28,151 6 6 6,435 7 9 61,139 5 8 21,472 2 1 92,003 9 2 £ s. d. 4,020 O 0 360 0 0 2,570 0 0 1,370 0 O 1,850 0 0 760 0 O 5,130 0 0 2,870 0 0 7,170 0 0 £ s. d. 77,595 15 5 5,239 13 5 29,217 8 4 8,540 4 2 26,301 6 6 5,675 7 9 56,009 5 8 18,602 2 1 84,833 9 2 1,919 12 6 Totals ... 256, 260 192,195 0 O 5,919 12 6 100, 000 0 0 40,000 0 0 338,114 12 6 26,100 0 0 312,014 12 6 Table I (3). 'ompabison of the Estimated Results to the several Peovinces, for the Yeabs 1870-71 and 1871-72. Balamces foe oe against each Pbovince. Provinces. Under former system, Provinces would receive Under proposed system, Provinces ■will receive Balance against. Balance in favour. Auckland Taranaki Wellington Hawke's Bay Nelson Marlborough Canterbury Westland Otago £ s. d. 91,165 17 9 6,888 4 7 25,946 0 0 7,926 18 11 35,595 6 4 4,874 11 10 50,630 13 7 14,584 12 1 99,900 1 9 £ e. d. 77,595 15 5 5,239 13 5 29,217 8 4 8,540 4 2 26,301 6 6 5,675 7 9 55,009 5 8 18,602 2 1 84,833 9 2 £ s. d. £ s. d. 13,570 2 4 1,648 11 2 3,271 8 4 613 5 3 ... 800 15 11 5,378 12 1 4,017 10 0 9,293 19 10 15,066 13 7 337,512 6 10 312,014 12 0 39,579 5 11 14,081 11 5 £25,497 14 4 Net difle: •ence