PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1925-26.

Appendix to the Journals of the House of Representatives, 1926 Session I, B-01-part01

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1926. NEW ZEALAND.

PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1925-26.

PRESENTED TO PARLIAMENT IN ACCORDANCE WITH THE PUBLIC REVENUES ACT, 1910, AND THE NEW ZEALAND CONSTITUTION ACT.

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CONTBN T S. ABSTRACT OF THE PUBLIC ACCOUNTS Receipts and Expenditure compared with Year 1924-1925, — Consolidated Fund — e Ordinary Revenue Accodnt State Coal-mines Account State Coal-mines Sinking Fund Account .. 8 Scenery Preservation Account .. .. .. .. .. .. .. 8 Nauru and Ocean Islands Account .. .. .. . . 10 Nauru and Ocean Islands Sinking Fund Account .. .. .. .. .. 10 Accounts of Local Bodies .. .. .. .. .. 10 Deposit Accounts .. .. .. .. .. .. .. .. .. 12 Public Works Fund:— General Purposes Account .. .. .. .. .. .. .. 14 Waihou and Ohinemuri Rivers Improvement Account .. .. .. .. 18 Electric Supply Account .. .. .. .. .. .. .. .. 18 Electric Supply Sinking Fund Account .. .. .. .. .. .. 18 Other Accounts :— Advances to other Governments Account .. .. . .. 20 Bank of New Zealand Acts Account .. .. .. .. .. .. 20 Cheviot Estate Account .. .. . - .. .. .. .. 20 Conversion Account .. .. .. .. .. .. .. .. 22 Deteriorated Lands Account .. .. .. .. .. .. .. 22 Discharged Soldiers Settlement Account . .. . . .. .. .. 22 Discharged Soldiers Settlement Loans Act 1920 Depreciation Fund Account .. 24 Education Loans Account .. .. .. .. .. .. .. .. 24 General Purposes Relief Account .. .. .. .. .. .. 26 Hauraki Plains Settlement Account .. .. .. .. .. .. 26 Howard Estate Account .. .. ~ .. .. .. .. .. 28 Hunter Soldiers' Assistance Trust Account .. .. .. .. .. 28 Kauri-gum Industry Account .. .. .. .. .. .. .. 28 Land Assurance Fund Account .. .. .. .. ~ .. .. 28 Land for Settlements Account .. .. .. . . .. .. 30 Land for Settlements Account (Discharged Soldiers Settlement Account) •.. 32 Land for Settlements Account (Opening up Crown Lands for Settlement) .. 32 Loans to Employers for Workers' Dwellings Account .. .. .. .. 32 Loans Redemption Account .. .. .. .. .. .. .. 34 Main Highways Account Revenue Fund .. , . .. .. 50 Main Highways Account Construction Fund .. . . .. .. .. 50 Mining Advances Account .. .. .. .. .. .. .. .. 52 National Endowment Account .. .. .. .. .. .. .. 52 National Endowment Trust Account .. .. .. .. .. .. 52 Native Land Settlement Account .. .. . , .. .. .. .. 54 Public Debt Repayment Account . .. .. .. .. .. .. 56 Railways Improvement Authorization Act 1914 Account .. .. .. .. 56 Rangitaiki Land Drainage Account .. .. .. .. .. .. 58 Reserve Fund Account .. .. .. .. .. .. .. .. 58 Samoan Loan Suspense Account .. .. .. .. .. .. .. 58 State Advances Loan Account .. .. .. . . 58 State Forests Account .. .. .. .. .. .. 62 Swamp Land Drainage Account .. .. .. . . .. 62 War Expenses Account .. .. .. .. . . .. 64 Westport Harbour Account .. •. .. .. .. 64 Working Railways Account .. .. .. .. 66 New Zealand Consols Account .. .. ~ .. .. .. .. 66 Public Account Cash Balance Investment account .. .. .. .. 66 Summary of Balances .. .. .. .. .. .. .. ' .. 68 Summary showing Net Expenditure compared with Year 1924-25 .. .. .. 69 NET ISSUES COMPARED WITH THE SUMS VOTED UNDER APPROPRIATION ACT, 1925 .. 72 CIVIL LIST ACT, 1920 .. .. .. .. .. .. .. .. .. .. 78 UNAUTHORIZED EXPENDITURE ACCOUNT :- Consolidated Fund— Ordinary Revenue Account .. .. .. .. .. .. .. .. 82 Public Works FundGeneral Purposes Account .. .. .. .. .. .. 85 Electric Supply Account .. .. .. .. .. .. 85 Discharged Soldiers Settlement Account .. .. .. .. 85 Main Highways Account Revenue Fund .. .. .. .. .. *. 86 War Expenses Account .. .. .. .. .. .. .. .. .. 86 Westport Harbour Account .. .. .. .. .. .. .. .. 86 Working Railways Account .. .. .. .. .. .. .. .. 86 Public Service Superannuation Fund Account .. .. .. .. .. .. 86 State Fire Insurance Account .. .. .. .. .. .. .. ~ 86 Surplus Credits-in-aid applied in Terms of Section 22, Subsection (3), of the Appropriation Act, 1923 .. .. .. .. .. .. .. .. .. .. .. 86 SUMMARY OF CERTIFIED STATEMENTS OF LIABILITIES .. ... .. .. 88

ABS TRACT OF THE Revenue and Expenditure OF THE PUBLIC ACCOUNT OF NEW ZEALAND FOR THE YEAR ENDED 31st MARCH, 1926, COMPARED WITH THE YEAR ENDED 31ST MARCH, 1925.

Note.—ln these accounts the credits-in-aid (section 22, Appropriation Aet, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

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PUBLIC ACCOUNTS, 19 2 5-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925.

1924-1925. RECEIPTS. 1925-1926. £ s. d. Balanoe at beginning of Year, — £ 9. d. £ s. d. 1,727,746 5 4 Cash in the Publio Account .. .. .. .. .. .. 1,113,219 4 4 Imprests outstanding — 32,010 14 6 In the Dominion .. .. .. .. .. .. 33,255 4 4 120,620 7 3 In London .. .. .. .. .. .. .. .. 271,395 16 7 3 074 336 10 8 Investment Account .. .. .. .. .. .. .. 2,732,935 11 3 4,150,805 16 6 4,954,713 17 9 Ordinary Revenue, — £ s. d. 7,569,388 13 11 Customs .. .. .. .. .. .. 8,383,876 16 2 3,240,331 10 1 Stamp and Death Duties .. .. .. .. 3,359,867 12 4 2',706',882 1 8 Postal and Telegraph Revenue .. .. .. 3,077,734 17 7 1,335,250 11 4 Land-tax .. .. .. .. .. .. 1,266,659 0 3 3 386 051 13 8 Income-tax .. .. .. .. .. 3,368,516 4 1 '650,384 2 9 Beer Duty .. .. .. .. .. 629,557 18 11 7,105,106 5 2 Railways .. .. .. .. .. .. 189 346 8 0 Registration and other Fees .. .. .. 195,681 5 6 10 5', 060 8 7 Marine .. .. .. .. .. 106.695 13 2 1 188'120 6 8 Interest on Publio Moneys .. .. 605,060 11 9 Interest on Railway Capital Liability .. .. 1,913,310 14 9 Interest on the Public Debt Redemption Fund .. 897,756 8 11 2? 900 17 8 Local Bodies'Loans Act, 1908, Section 76 .. .. 19,961 8 9 261 1<) 9 Rents of Buildings .. .. .. .. 23,570 18 4 dx'in 11 Tourist and Health Resorts .. .. .. 56,733 18 3 9%i' Vtd n x Miscellaneous .. .. .. .. .. 48,998 7 7 iJ1 ' 534 0 6 23,953,981 16 4 27,801,591 10 4 211,749 7 0 Territorial Revenue .. .. .. .. .. ... .. .. 202,429 7 1 28,013,340 17 4 24,156,411 3 5 Departmental Receipts,— £ s. d. 223,894 6 6 Printing and Stationery Department .. .. .. 228,674 13 10 185,604 0 6 Justice Department .. .. .. .. 172,022 12 9 Patent Office 100,622 16 0 Stamp Duties Department .. .. .. .. .. 108,690 16 3 8,876 17 6 Native Department .. .. .. .. .. 9,321 8 1 518,709 10 11 518,998 0 6 £ s. d. 34,511 2 1 Recoveries on account of Expenditure of previous Years .. 48,406 7 7 Recoveries on account of Unauthorized Expenditure of Previous 76,150 5 6 Years .. .. .. .. .. .. .. 2,235 7 10 50,641 15 5 110,661 7 7 24,725,762 9 9 Credits in reduction, — Permanent Appropriations— 19 0 10 Civil List — Debt Services — £ s. d. 2,026,138 5 8 Interest .. .. .. .. .. .. 2,054,482 9 9* Amortization of Debt— 48,615 19 10 Sinking Fund Transfer to Loans Redemption Account for reduction of 411 19 8 Funded Debt .. .. .. .. .. 657 4 1 2,055,139 13 10 2,075,166 5 2 ■ - Under special Acts of the Legislature— Finance Act, 1921-22, Section 13 (Transfers to Advances £ s. d. 59,597 10 2 to other Governments Account) .. .. .. 10,168 2 3 Finance Act, 1925 (Section 48), British and South Seas Exhibition .. .. .. .. .. 10,000 0 0 2,554 17 10 Miner's Phthisis Act, 1915 .. .. .. .. 2,498 14 3 234 4 2 Pensions Act, 1913 (Widows Pensions) .. .. .. 4 6 8 1,153 13 11 Pensions Act, 1913 (Old-age Pensions) .. Public Service Classification and Superannuation Act, 1908, 58,194 0 8 Section 49, and Amendments (Public Service) .. .. 60,851 6 10 - 2,301 2 7 War Pensions Act, 1915 .. .. .. .. 4 18 4 17,123 6 9 Miscellaneous special Acts .. .. .. ... 4,140 12 2 87,668 0 6 141,158 16 1 — 2,142,807 14 4 ?5,814,058 5 3 Carried forward .. .. .. .. .. 31,019,376 0 7 * See adjustment of £1,712 14s. id. erroneously recouped in 1921-22 as per contra. Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

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PUBLIC ACCOUNTS, 1925-1926.

ORDINARY REVENUE ACCOUNT.

1924-1925. EXPENDITURE. 1925-1926. Gross. Gross. £ s. d. Permanent Appropriations,— £ s. d. £ s. d. 29,799 13 9 OivilList.. .. .. .. .. .. .. .. .. 29,084 8 5 ; —•— — Debt Services — £ s. d. 9,891,400 10 0 Interest .. .. .. .. .. .. 10,184,281 4 11 Amortization of Debt— 738,692 0 0 Sinking Fund .. .. .. .. .. 7,000 0 0 Repayment of the Public Debt Act, 1925, Section 11 .. 872,733 16 0 Transfer to Loans Redemption Account for reduotion of 307 718 4 5 Funded Debt .. .. .. .. .. 333,288 15 4 ■ 11,397,303 16 3 10,937,810 14 5 « Under special Acts of the Legislature— Subsidies paid to Local Bodies — £ s. d. 175,101 8 11 Appropriation Act, 1916, Section 9 .. .. .. 184,072 16 10 28,083 1 3 Munioipal Corporations Act, 1920, Section 72 .. .. 28,117 1 6 Hospitals and Charitable Institutions Act, 1909, 1910, and 1913— 561,708 7 6 Subsidies paid to Hospital Boards and Charitable Institutions 575,776 12 5 14,903 0 10 Subsidy paid to Jubilee Institute for the Blind .. .. 10,000 0 0 Land Act, 1924, Sections 139 and 358 — "Halves," "Thirds," and "Fourths" paid over to Local 13,206 19 10 Bodies'Deposit Accounts .. .. .. .. 13,456 19 6 Finance Act, 1925, Section 48 (British and South Seas Exhibition).. .. .. .. .. 10,000 0 0 Imprest Supply Act, 1925, Section 2 (British and South Seas Exhibition) .. .. .. .. 30,000 0 0 Endowments — 5 260 11 2 New Plymouth Harbour Board Endowment Act, 1874 .. 5,555 13 1 Government Railways Amendment Act, 1925, Seotion 4 — Subsection 1 (£>) (interest on Liability to Working Railways Account from 1st April, 1925, to date of payment) .. 1,945 10 8 Subsection 1 (d) (Losses on Isolated Sections and Branch Lines) .. 344,829 18 7 38,503 0 5 Miner's Phthisis Act, 1915 .. .. .. .. 40,203 8 9 Pensions Aot, 1913 — 768,945 11 2 Old-age Pensions *2 OM i Q o in y Widows Pensions .. .. .. .. .. 285,b58 2 b ?&'835 14 4 Military Pensions .. .. .. .. .. 23,087 3 8 Pensions Amendment Act, 1924 — i 19 6 Pensions for the Blind.. .. .. .. .. 8,040 0 8 I 244'483 4 9 War Pensions Act, 1915 .. .. .. .. .. 1,179,556 17 11 Public Service Classification and Superannuation Act, 1908, 136 000 0 0 Section 49 and Amendments (Public Service) .. .. 86,000 0 0 ' Public Service Classification and Superannuation Amend- ... „ Q ment Act, 1908, Seotion 39 and Amendments (Teachers) .. 43,000 0 0 ' Public Service Classification and Superannuation Amendment 25 000 0 0 Act, 1909, Section 19 and Amendments (Railways) .. 25,000 0 0 Discharged Soldiers Settlement Loans Act, 1920, Section 7 (transfer to Discharged Soldiers Settlement Loans Aot, 50 000 0 0 1920, Depreciation Fund Account) .. .. .. 50,000 0 0 Finance Aot, 1921-22, Section 13 (transfer to Advanoes to other Governments Account) .. .. .. .. 30,000 0 0. Finance Act, 1923, Section 15 (1) (transfer to Main Highways 35,000 0 0 Account—Revenue Fund) 48984 15 1 Miscellaneous special Acts .. .. .. •• 465,296 2 4 10 r 4,303,347 1 3 3,887,244 7 4 15,729,735 5 11 Annual Appropriations,— 70,604 13 3 Vote —Legislative Departments .. .. •• •• j 91,701 19 4 96,024 7 1 . Treasury Department .. .. ■■ 41,700 11 4 53'401 15 2 . Land and Income Tax Department .. .. .. •• •• j 69,441 11 6 93'224 4 1 • Stamp Duties Department .. .. .. .. •• •• 107,152 16 6 22'445 9 7 • National Provident and Friendly Sooieties Department .. .. 1 22,544 2 11 6,456,306 2 3 . Working Railways .. .. •• 3 009 634 16 6 ■ Post and Telegraph Working Expenses .. .. .. ■■ d,05U,34y 8 y ' 177',777 7 5 ■ Public Buildings .. .. .. •• •• •• •• 180,515 14 7 5' 791 17 2 » Government and other Domains •• .. .. •• 5,792 d 4 38'316 17 3 » Maintenance and Repairs to Roads .. .. •• . ■ 91,716 11 5 3,642 7 4 • Maintenance of Irrigation-works, &c. .. .. .. 5,080 3 3 37',534 12 4 . Native Department .. .. •• 38,710 5 0 41 640 17 11 u Department of External Affairs .. .. •• 26,577 13 7 22,261 8 0 » Cook Islands .. .. •• 42,799 4 6 17g,645 13 9 „ Department of Industries and Commerce .. .. .. 145,127 5 0 46'529 0 11 </ Department of Justioe .. .. ■■ •• •• •• 147,934 4 4 97,103 11 1 . Supreme and Magistrates'Courts .. .. .. •• •• iko™ k o 144,484 17 1 » Prisons Department .. .. •• •• •• •• ° A 6,483 13 4 „ CrownLawOffice .. .. .. .. •• •• •• 41400010,? 404,999 14 7 . Police Department .. .. •• •• , •• ts6 195 18 7 217,533 6 5 » Pensions Department .. .. ■ ... •> •• •• fi 39,042 16 4 . Mines Department .. .. .. •• •• •• •• 19a'am 4 357,616 7 7 . Department of Internal Afiairs .. .. -• •• •• 44449 4 0 42,602 12 4 Audit Department .. .. .. •• •• m'lfio iq fi 8,086 17 9 . Publio Service Commissioner's Office .. .. .. .. ■ ■ ° 204,268 10 10 „ Printing and Stationery Department .. .. .. •• . ' S 1 ,, „ 368,138 1 2 . Mental Hospitals Department .. .. •• .. .. 400,4|d 14 11 340,688 4 11 . Department of Health .. .. ■■ •• •• •• 310,073 1 9 . Naval Defence .. .. .. -• .. ... 455,6 5 1 384,576 7 8 . Defence Department .. .. .. •• •• •• ' 157,820 10 4 » Customs Department .. .. .. •• •• •• ' 13,437,300 3 2 14,854,854 15 6 Carried forward .. .. .. •• •• 7,448,940 7 3 15,729,735 5 11 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found oil page 69.

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PUBLIC ACCOUNTS, 1925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

1924-1925. RECEIPTS. 1926-1926, £ s. d. £ s. d. £ s. d. 35,814,058 5 3 Brought forward .. .. .. .. .. .. 31,019,376 0 7 Credits-in-Aid, — 8,495 12 1 Vote—Legislative Departments .. .. .. .. .. . 3,235 8 0 44,071 0 6 „ Treasury Department .. .. .. .. .. •• 5,328 11 9 2,996 0 5 „ Land and Income Tax Department .. .. .. .. .. 3,500 17 6 7,318 16 7 „ Stamp Duties Department .. .. .. .. .. .. 16,419 9 1 15 14 10 „ National Provident and Friendly Societies Department . . .. 15 8 3 819,722 18 7 „ Working Railways 596,199 1 11 „ Post and Telegraph Working-expenses .. .. .. •• 643,558 10 10 70,691 17 0 „ Public Buildings .. .. .. .. .. .. .. 82,280 18 0 5 18 0 „ Government and other Domains .. .. .. .. .. 29 4 7 1,980 7 5 „ Maintenance and Repairs to Roads .. .. .. .. .. 2,700 4 2 1,416 1 10 „ Maintenance of Irrigation-works, &c... .. .. .. .. 49 7 0 9,538 11 6 „ Native Department .. .. .. .. .. .. 9,416 17 0 1,040 6 0 „ Department of External Affairs .. .. .. . • • ■ 980 17 9 875 2 7 „ Cook Islands .. .. .. .. .. .. .. 12,716 3 7 64,484 5 11 „ Department of Industries and Commerce .. .. .. .. 39,755 4 10 1,655 1 4 „ Department of Justice .. .. .. .. .. .. 12,157 1 7 10,760 14 0 „ Supreme and Magistrates'Courts 68,118 7 8 „ Prisons Department .. .. .. .. .. .. 79,099 6 8 948 5 10 „ Crown Law Office .. .. .. .. .. .. 1,464 17 1 5,711 3 0 „ Police Department .. .. .. .. .. .. 6,264 9 3 123,085 12 1 „ Pensions Department .. .. .. .. .. .. 3,268 16 9 1,015 6 4 „ Mines Department .. .. .. .. .. .. 1,160 9 9 51,976 4 0 „ Department of Internal Affairs .. .. .. .. .. 55,031 0 3 19,234 16 5 ,, Audit Department .. .. .. .. .. .. 20,209 3 0 2,028 16 9 n Public Service Commissioner's Office .. .. .. .. 2,299 2 2 123,806 13 3 „ Mental Hospitals Department .. .. .. .. .. 128,259 5 10 111,656 13 0 J( Department of Health .. .. .. . .. .. 94,026 6 7 26,716 19 5 „ Naval Defence .. .. .. .. .. .. .. 14,442 4 11 13,670 7 3 n Defence Department .. .. .. .. .. .. 21,394 8 3 1,632 3 4 Customs Department .. .. .. .. .. .. 2,300 15 3 4,294 17 1 () Marine Department .. .. .. .. .. .. 6,578 5 9 1,557 2 11 ,, Department of Labour .. .. .. .. .. .. 1,161 9 7 107,107 4 0 Department of Lands and Survey .. .. .. .. 114,139 9 3 0 6 0 Scenery Preservation .. .. .. .. .. .. 500 3,769 19 7 ,, Valuation Department .. .. .. .. .. .. 7,787 10 11 39 10 9 n Electoral Department .. .. .. .. .. .. 1,946 1 5 104,794 7 11 Department of Agriculture .. .. .. .. .. .. 95,892 9 11 262 11 )( Department of Tom ist and Health Resorts .. .. .. .. 839 18 11 ! 265,336 8 7 ,, Education Department .. .. .. .. .. .. 240,490 3 8 2,678,030 16 9 1,730,204 19 1 Credits in reduction— 6,234 13 5 Unauthorized expenditure .. .. .. .. .. .. 24,179 18 10 1,754,384 17 11 2,684,265 10 2 Reparation-moneys received from Germany .. .. .. .. .. .. 186,227 1 4 ■ ■ Temporary transfer to Publio Works Fund in terms of Seotion 56 of the Publio Revenues Act, 1910, now restored to the Consolidated Fund .. .. .. .. 125,000 0 0 Public Revenues Act, 1910, Section 39, — 2,300,000 0 0 Treasury Bills issued .. .. .. .. .. .. .. .. 1,250,000 0 0 Finance Act, 1925, Section 11, — Balance of New Zealand Consols Account transferred.. .. .. .. 475,991 14 0 300 10 11 Receipts under Seotion 39 of the Finance Act, 1924 (Stipendiary Magistrates' Pensions) .. 857 17 9 40,798,624 6 4 Carried forward .. .. .. .. .. .. .. 34,811,837 11 7 Note.—-In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 09.

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PUBLIC ACCOUNTS, 1925-1926

ORDINARY REVENUE ACCOUNT—continued.

1934-1925. EXPENDITURE. 1925-192G. Gr °ss- Gross. £ s. d, £ s d s d 14,854,854 15 6 Brought forward .. .. .. .. .. 7,448,940 7 3 15,729,735 5 11 IS,437,300 3 2 Annual Appropriations—continued. 123,757 18 2 Vote—Marine Department.. .. .. .. .. .. .. 128,578 16 11 47,029 12 0 „ Department of Labour .. .. .. .. .. 50,844 7 6 275,549 12 6 „ Department of Lands and Survey .. .. 19 7 2,981 3 3 „ Scenery Preservation .. .. .. .. .. 20,547 13 3 53,118 18 5 . Valuation Department .. .. .. .. 59,572 16 0 7,373 6 2 ,, Electoral Department .. .. .. .. .. 103,655 9 5 359,919 14 2 Department of Agriculture .. .. .. .. .. 388,085 18 11 66,555 10 11 . Department of Tourist and Health Resorts .. .. .. .. 71,633 11 3 3,042,607 0 5 • Education Department .. .. .. .. 3,120,209 7 1 17,416,192 19 2 11,683,095 7 2 Unauthorized expenditure— 28,761 9 2 Services not provided for .. .. .. .. .. .. 54,445 6 7 11,737,540 13 9 17,444,954 8 4 Amortization of Debt, — Transfer to Loans Redemption Account for redemption of Securities matured as under — New Zealand Loans Act, 1908 - 12,200 0 0 Aid to Public Works and Land Settlement Act, 1902 700 0 0 Aid to Public Works and Land Settlement Act, 1903 .. .. .. 37,500 0 0 200 0 0 Aid to Public Works and Land Settlement Aot, 1907 .. .. .. 11,050 0 0 Finance Act, 1915, Seotion 105 (Public Works) .. .. .. .. 287,200 0 0 Finance Act, 1915 (Seotion 106), and Aid to Publio Works and Land Settlement Act, 1903 .. .. .. .. .. .. .. 4,050 0 0 New Zealand Inscribed Stock Act, 1917— Aid to Public Works and Land Settlement Act, 1907 .. .. .. 7,500 0 0 Finance Act, 1915 (Section 105), (Public Works) .. .. .. 10,800 0 0 Finance Act, 1918 (Section 10), (War Expenses) .. .. .. 410 0 0 War Purposes Loan Act, 1917 .. .. .. .. .. 100 0 0 — 358,610 0 0 13,100 0 0 — Transfer to Loans Redemption Account for redemption and cancellation, in terms of Seotion 24 of the Finance Act, 1921-22, of Securities as under— New Zealand Loans Act, 1908— 200,000 0 0 Aid to Public Works and Land Settlement Aot, 1921 7,500 0 0 Finance Aot, 1918 (No. 2), Seotion 30 (Cold Storage) Finance Act, 1920, Section 15 (Public Works) .. .. .. .. 12 ,160 0 0 359 8 11 JTishing Industry Promotion Aot, 1919 4,494 6 2 Fruit-preserving Industry Act, 1913, and Finance Act, 1917, Section 80 16,748 2 7 Housing Act, 1919, Seotion 30 .. Mining Amendment Act, 1913, and Amendment Act, 1919.. .. .. 150 0 0 334,236 15 2 New Zealand Consolidated Stock, 1929 (nominal value £137 6s. lOd.) .. 131 19 10 New Ze Uand Consolidated Stock, 1940 (nominal value, £50,400) .. .. 42,714 0 0 New Zealand Inscribed Stock Act, 1917— Finanoe Act, 1916, Section 35 (War Expenses), (nominal value, £3 3s. 3d.) 3 0 9 Finanoe Aot, 1918, Seotion 10 (War Expenses) .. .. .. 17 1 6 War Purposes Loan Act, 1917 (nominal value, £158,152 16s. lOd.) .. 151,874 9 7 207,050 11 8 563,338 12 10 Transfer to Loans Redemption Account for redemption of New Zealand Consols matured— 475,491 14 0 New Zealand Consols Act, 1908, Section 36 .. .. .. .. •• 500 0 0 Transfer to Loans Redemption Account of amount unclaimed on New Zealand 200 0 0 Government Bonds matured (to be applied in reduotion of Publio Debt) Transfer to Public Works Fund (General Purposes Account) in terms of Section 17 1,000,000 0 0 of the Appropriation Act, 1924 Publio Revenues Act, 1910, Seotion 56, — Temporary transfer to Publio Works Fund (General Purposes Account) .. .. 136,000 U O Transf.rto Publio Works Fund (General Purposes Account) in terms of Section 12 of the Appropriation Act, 1925 .. .. .. .. .. .. 500,000 0 0 Transfer to the Working Railways Account in terms of the Goven ment Railways Amendment Act, 1925, Section 4, subsecion (1) («) — Gross amount payabl« under the Act .. .. •• •• .. 1,327,649 0 0 Less charges outstanding in favour of the Consolidated Fund as on 31st Maroh, 1925.. 854,256 14 0 473,392 6 0 34,351,939 10 8 Carried forward .. .. .. .. .. .. 29,131,828 17 4 Note. In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shovrn as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

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8

PUBLIC ACCOUNTS, 1'925-1 92 6.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the

ORDINARY REVENUE 1924-1925, RECEIPTS. 1925-1926. . . £ a. d. £ s . d. £ s. d. 40,798,624 6 4 Brought forward .. .. .. .. .. .. 34,811,837 11 7 .U 5 g:v,:- . 7 . .. - ' Repayment of advance made to Otago University under Finance Act, 1921-22, 4,000 0 0 Section 36 Finance Aot, 1923, Section 9, Subsection (3) — 3,144 8 5 Balance of Soenery Preservation Account transferred .. 200 0 0 Amount unolaimed on New Zealand Government Bonds matured 140,805,968 14 9 Totals .. .. .. .. .. .. .. £34,811,837 11 7 STATE COAL- £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 16,639 4 1 Cash in the Public Aooount .. .. .. .. .. .. 11,214 11 5 Imprests outstanding— 100 0 0 In the Dominion .. .. .. .. .. .. 100 0 0 In London .. .. .. .. .. .. .. .. 760 0 0 20,000 0 0 Investment Aooount .. .. .. .. .. .. .. 10,000 0 0 . 22,074 11 5 36,739 4 1 Credits-in-Aid— 2,163 6 3 Vote—State Coal-mines .. .. .. .. .. .. .. .. 1,395 5 4 85 4 0 Recoveries on account of Expenditure of previous Years .. . . .. 222 17 9 264,501 12 2 Rents, Royalties, Sale of Coal, Coke, Wood, &c. .. .. .. .. .. 234,711 18 8 974 4 11 Interest on Securities held by Investment Aocount .. .. .. .. .. 754 18 11 £304,463 11 5 Totals .. .. .. .. .. .. .. £259,159 12 1 STATE COAL-MINES £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 406 16 6 Cash in the Public Account .. .. .. .. .. .. 188 12 2 35,000 0 0 Investment Aocount .. .. .. .. .. .. .. 41,480 0 0 ——— 41,668 12 2 35,406 16 6 1,709 15 8 Interest on Securities held by Investment Account .. .. .. .. .. 1,977 19 1 Finance Aot, 1921-22, Section 17, — 4,552 0 0 Transfer from State Coal-mines Acoount .. .. .. .. .. .. 4,552 0 5 £41,668 12 2 Totals .. .. .. .. .. .. .. £48,198 11 8 SCENERY PRESERVATION £ I. d. Balance at beginning of Year, — £ s. d. £ s. d. 3,144 8 5 Cash in the Publio Aocount " - - ■ . ' i: [ ; . . Si, £3,144 8 5 Totals Nots.—In those acoounts the credits-in-aid (section 22, Appropriation Act, 1923) ajid other credits in reduction of expenditure are shown 'is rocoipts, and are not deduoted from the expenditure as prior to 1924-25. For the purposes of oomparison a summary showing the net expenditure will be found on page 69.

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PUBLIC ACCOUNTS, 1 925-1 926.

Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued

A C C O U N T—continued. 1924-1925. EXPENDITURE. 1925-1926. Gross. Grow. £ s. d. £ s. d. £ s. d. 34,351,939 10 8 Brought forward .. .. .. .. .. .. 29,131,828 17 4 Charges and Expanses of redemptions,— New Zealand Loans Aot, 1908 — Finance Act, 1918, Section 10 (War Expenses) .. .. .. .. 2 8 0 Finance Act 1918 (No. 2), Part IV, (War Expenses) ,. .. .. 1 11 6 War Purposes Loan Act, 1917 .. .. .. .. .. 200 0 0 203 19 6 Publio Revenues Act, 1910, Section 39, — 2,300,000 0 0 Treasury Bills redeemed .. .. .. .. .. .. .. .. 1,250,000 0 0 Adjustment of Amount erroneously oredited to Scenery Preservation Account in 3,223 7 7 previous Years Adjustment of Amount erroneously oredited in Financial Year 1921-22, — Credits in reduction— Interest New Zealand Loans Aot, 1908— Native Land Amendment Aot, 1913 .. .. .. .. .. .. 1,712 14 4 Balanoe at end of Year, — 1,113,219 4 4 Cash in the Public Acoount .. .. .. .. .. .. 2,343,167 17 10 Imprests outstanding— 33,255 4 4 In the Dominion .. .. .. .. .. .. .. 65,723 3 9 271,395 16 7 In London .. .. .. .. .. .. .. 160,626 13 7 2,732,935 11 3 Investment Aooount .. .. .. .. .. .. .. 1,858,574 5 3 4,428,092 0 5 4,150,805 16 6 £40,805,968 14 9 Totals .. .. .. .. .. .. .. .. £34,811,837 11 7 MINES ACCOUNT. £ s. d. Annual Appropriation, — £ s. d. £ s. d. 268,084 8 1 Vote—State Coal-mines .. .. .. .. .. .. .; 226,775 17 4 Unauthorized expenditure— 500 0 0 Services not provided for : 226,775 17 4 268,584 8 1 9,251 19 2 Recoupment of Interest under the Finance Act, 1919, Seotion 4 .. .. .. .. 9,251 19 2 0 12 9 Recoupment of Management Chargss of Consolidated Stock .. .. 7 17 7 Amortisation of Debt, —■ Finance Act, 1921-22, Seotion 17— 4,552 0 0 Transfer to State Coal-mines Sinking Fund Aecount .. .. .. .. 4,552 0 5 Balance at end of Year, — 11,214 11 5 Cash in the Publio Aooount .. .. .. .. .. .. 1,071 17 7 Imprests outstanding— 100 0 0 In the Dominion 760 0 0 In London 10,000 0 0 Investment Account .. .. .. .. .. .. .. 17,500 0 0 18,571 17 7 22,074 11 5 £304,463 11 5 Totals .. .. .. .. .. .. .. £259,159 12 1 SINKING FUND ACCOUNT. I _ : : : . £ s. d. Balance at end of Year, — £ s. d. £ s. d. 188 12 2 Cash in the Public Account .. .. .. .. .. .. 318 11 8 41,480 0 0 Investment Acoount .. .. .. .. .. .. .. 47,880 0 0 — 48,198 11 8 41,668 12 2 £41,668 12 2 Totals .. .. .. .. .. .. .. £48,198 11 8 ACCOUNT.* £ s. d. Finance Aot, 1923, Section 9, Subsection (3), — £ s. d. £ s. d. Transfer of Balanoe of Scenery Preservation Acoount to Consolidated Fund, 3,144 8 5 Ordinary Revenue Acoount £3,144 8 5 Totals * Now merged in Ordinary .Revenue Account. Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT.I]

10

PUBLIC ACCOUNTS, 1 925-1 926.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the

NAURU AND OCEAN 1924-1925. RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year, — £ s. d, £ a. d. 754 3 7 Gash in the Public Account .. .. .. .. .. .. 1,716 10 6 40,000 0 0 Investment Aocount .. .. .. .. •• .. .. 40,000 0 0 41,716 10 6 40,754 3 7 Contributions by the British Phosphate Commission towards Interest and Sinking 35,848 11 2 Fund .. .. .. .. .. .. .. .. .. •• 35,848 11 2 2,280 5 0 Interest on Securities held by Investment Aeoount .. .. .. .. .. 1,917 13 3 £78,882 19 9 Totals .. .. .. .. .. .. .. £79,482 14 11 NAURU AND OCEAN ISLANDS £ d. Balanoe at beginning of Year, — £ a. d. £ s. d. 57 5 5 Cash in the Publio Account .. .. .. .. .. .. 288 19 8 7,170 0 0 Investment Account .. .. .. .. .. .. .. 13,250 0 0 13,538 19 8 7,227 5 5 463 3 1 Interest on Seeuritie« held by Investment Account .. .. .. .. .. 781 i 5 5,848 11 2 Transfer from Nauru and Ocean Islands Aocount . .. .. .. .. .. 5,848 11 2 £13,538 19 8 Totals .. .. .. .. .. .. .. £20,168 15 3 ACCOUNTS OF £ s. d. Balanoe at beginning of Year, — £ 8. d. £ s. d. 14,471 13 10 Cash in the Publio Aeoount .. .. .. .. .. .. .. 10,561 15 9 Revenue received for Local Bodies,— 141 10 0 Fees, Fines, &c. .. .. .. .. .. .. .. .. 170 10 0 18 3 4 Endowments of Land, &c... .. .. .. .. .. 171 8 5 16 291 19 4 Goldfields Revenue .. .. .. .. .. .. 14,735 17 1 8'641 18 11 Gold Duty .. .. .. .. .. .. 7,317 14 7 ' ' 22,395 10 1 25,093 11 7 801 14 4 Receipts from Mining Districts Land-ocoupation Licenses Public Revenues Act, 1910, Section 131, — Advance Accounts — 431 19 11 Amount repaid by Local Bodies ., .. .. ,. .. .. 62 12 2 £40,798 19 8 Totals .. . .. .. .. .. £33,019 18 0 Note. j n these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

11

B.—l [PT. I].

PUBLIC ACCOUNTS 1925-1926

Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

3—B. 1 [PT. I].

ISLANDS ACCOUNT. 192 r 4 " 1925 - EXPENDITURE. 1925-1926. Gross. Gross. . . _ £ s. d. Annual Appropriation,— I £ s. d. £ a. d. 1,317 18 1 Vote —Nauru and Ocean Islands .. .. .. .. .. .. I .. 508 12 3 30,000 0 0 Recoupment of Interest under the Finance Act, 1919, Section 4 .. .. .. i .. 30,000 0 0 Amortization of Debt, — 5,848 11 2 ! Transfer to Nauru and Ocean Islands Sinking Fund Account .. .. .. | .. 5 g4g n g Transfer to Loans Redemption Account for Redemption and Cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities as under, — New Zealand Loans Act, 1908— Finance Act, 1920, Section 15 (Nauru and Ocean Islands).. .. .. j .. 40 000 0 0 Balance at end of Year, — 1,716 10 6 Cash in the Publio Account .. .. .. .. .. 3,125 11 6 40,000 0 0 Investment Account .. .. .. * — 3,125 11 6 41,716 10 6 £78,882 19 9 Totals .. .. .. .. .. .. .. £79,482 14 11 SINKING FUND ACCOUNT. £ s. d. Sinking Funds set free, — £ s. d. £ s. d. Transfer to Loans Redemption Account for Redemption and Cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities as underNew Zealand Loans Act, 1908 — Finance Aot, 1920, Section 15 (Nauru and Ocean Islands).. .. .. .. 20,150 0 0 Balance at end of Year, — 288 19 8 Cash in the Public Account .. .. .. .. .. .. 18 15 3 13,250 0 0 Investment Account 18 15 3 13,538 19 8 £13,538 19 8 Totals .. .. .. .. .. .. .. £20,16S 15 3 LOCAL BODIES. I I £ s. d. Revenue paid over to Local Bodies, &c., — £ s. d. £ s. d. 201 7 4 Fees, Fines, &c. .. .. .. .. .. .. .. .. 201 15 0 31 2 2 Endowments of Land, &c. .. .. .. .. .. .. .. 28 14 7 15,825 4 10 Goldfields Revenue .. .. .. .. .. .. .. 14,096 11 4 13,754 18 1 Gold Duty .. .. .. .. .. .. .. .. 7,416 19 4 ; 21,744 0 3 29,812 12 5 Receipts from Mining Districts Land-occupation Licenses paid over to Local Bodies .. .. .. .. .. .. .. .. .. .. 801 14 4 Advance Aocounts,— 424 11 6 Payments on behalf of Looal Bodies .. .. .-. .. .. .. 10 6 2 * Balanoe at end of Year, — 10,561 15 9 Cash in the Public Account .. .. .. .. .. .. .. 10,463 17 3 £40,798 19 8 Totals .. .. .. .. .. .. £33,019 18 0 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I]

12

PUBLIC ACCOUNTS, 1925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1926, comparad with the Year ended 31st March, 1925—continued.

1924-1925. ! RECEIPTS, 1925-1926. | £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 57,539 8 8 Gash in the Public Account .. .. .. .. .. •• 2,361 10 11 Imprests outstanding — 78,729 8 11 In the Dominion ., .. .. .. .. .. 166 13 4 16,332 14 1 In London .. .. .. .. .. .. .. .. 14,429 0 8 Investment Accounts— £ a. d. 331,500 0 0 Various Deposit Accounts .. .. .. .. .. 262,350 0 0 24,170 0 0 Distribution of Wool Profits Account .. .. .. 24,170 0 0 56,790 0 0 German Currency.. .. .. .. .. .. 56,790 0 0 30,680 0 0 Miscellaneous (Belgian Relief Fund) .. .. .. 28,000 0 0 1,600 0 0 New Zealand University Endowment, Westland .. .. 1,600 0 0 Receiver-General's Deposit Account .. .. 26,000 0 0 1,900 0 0 Rotorua College and Grammar School Account ...... 1,420 0 0 Samoan Loan Sinking Fund Account .. .. .. 1,290 0 0 I 400,200 0 0 600,661 11 8 417,157 4 11 Lodgments,— 3,791 0 0 Admiralty Prize-money Account .. .. .. .. .. .. 435 3 6 British Distress Fund .. .. .. .. .. .. 1,449 1 5 12,297 1 10 Canteen and Regimental Trust Board .. .. .. .. .. 10,667 2 8 25 0 0 Coal-mines Amendment Act, 1922, Section 23 56,363 12 0 Dairy-produce Export Control Aot, 1923 .. .. .. .. .. 53,288 11 6 3,107 2 10 Deposits on Contracts .. .. .. .. .. .. .. 4,245 8 0 1,208 10 0 Distribution of Wool Profits .. .. .. .. .. .. 1,020 1 7 Education Reserves Amendment Aot, 1914 — 652 14 11 Sales of Land under Section 3 (Primary-education Endowments) .. .. 2,770 10 0 Sales of Land under Section 3 (Secondary-education Endowments), Auckland 5 0 0 Provincial District .. .. .. .. .. .. .. 268 0 0 Education Reserves Amendment Act, 1924 — 116,099 2 6 Primary-education Endowment Deposit Account .. .. .. .. 119 130 2 10 Secondary-education Endowment Deposit Aocounts— £ s. d. 1 765 1 7 7 Auokland Provincial District .. .. .. .. 2,438 14 3 1 162 1 0 Taranaki Provincial District .. .. .. .. 1,236 12 6 2 351 13 0 Wellington Provincial District .. .. .. 3,417 17 3 2'036 14 5 Hawke's Bay Provincial District .. .. .. 2,039 6 6 '413 12 2 Nelson Provincial District .. .. .. .. 448 0 8 2 q Marlborough Provincial District .. .. .. 94 11 0 §23 y 2 Westland Provincial District .. .. .. 511 6 4 1 214 4 9 Otago Provincial Distriot .. .. .. .. 1,361 12 4 11,548 0 10 77 262 4 3 Emigrants .. .. .. .. .. .. .. .. 44,179 11 8 '0 5 9 Fisheries Act, 1908.. .. .. .. .. .. .. 0 28 150 0 0 General Assembly Library .. .. .. .. .. .. 75 0 0 1 534 1 0 German Currenoy .. ... .. .. .. .. .. .. 3,277 18 7 5'728 11 11 Gold Duty Suspense .. .. .. .. .. .. .. 1,225 1 2 ' Greymouth and Hokitika High School Aots, 1883 .. .. .. .. 1,080 15 3 SO 0 0 Hauraki Plains Drains Deposit Account High Commissioner's Comforts Fund .. .. .. .. .. 351 4 4 Honey Export Control Act, 1924 .. .. .. ,. .. .. 446 0 11 376 1 5 Hospitals and Charitable Institutions Act, 1909 .. .. .. .. 485 5 11 1 790 0 0 Immigration Restriction Act, 1908 .. .. .. .. .. .. 4,600 0 0 35 12 8 Imperial Government Scheelite-supply gy g g Imperial Government Wool-supply .. Imperial Stamps and Postal Orders .. .. .. .. .. .. 628 9 0 1 644 6 10 Land Aot, 1908— Mining Districts Land Occupation 2'080 17 6 Loans Stamp Duty Account Massey Memorial Fund .. .. .. .. .. .. .. 462 5 8 27,735 0 5 Meat-export Control Act, 1921-22 .. .. .. .. .. .. 29,515 9 7 232',984 2 1 Miscellaneous .. .. .. .. .. .. •• .. 218,891 16 10 554,589 8 9 600,661 11 8 Carried forward .. .. .. .. .. 510,041 3 11 417,157 4 11 N 0TE . I n these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown a receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

13

B.—l [PT. I].

PUBLIC ACCOUNTS, 19 2 5-19 2 6

DEPOSITS ACCOUNT.

1924-1925. EXPENDITURE. 1925 1926 * Gross. Gross. £ s. d. Withdrawals, — £ a. d. £ s. d. 3,791 0 0 Admiralty Prize-money Aooouut .. .. .. .. •• 435 3 6 . < British Distress Fund .. ., .. .. •• •• •• 1,449 1 5 29,621 8 8 Canteen and Regimental Trust Board .. .. .. .. 25,273 11 3 15 0 0 Coal-mines Amendment Act, 1922, Section 23 34,157 0 1 Dairy-produce Export Control Act, 1923 .. .. .. .. •• 55,634 6 1 3,107 2 10 Deposits on Contracts .. .. .. •. •. •• •• 4,245 8 0 2 19 6 Distribution of Wool Profits .. .. .. •• •• •• 24,390 16 11 Education Reserves Amendment Act, 1914— 4118 9 Sales of Land under Section 3 (Primary-education Endowment) Education Reserves Amendment Act, 1924— 116,099 2 6 Primary-education Endowment Deposit Account .. .. .. .. 119,130 2 10 Secondary-education Endowment Deposits Accounts— & s. d. 1,951 3 0 Auckland Provincial District .. .. .. •• 2,002 17 9 1,231 6 1.0 Taranaki Provincial District .. .. .. .. 1,232 19 8 2,885 17 1 Wellington Provincial District .. .. .. 2,967 12 9 2,059 6 11 Hawke's Bay Provincial Distriot .. .. •• 2,040 12 9 408 4 10 Nelson Provincial District .. .. .. ... 453 1 8 94 5 8 Marlborough Provincial Distriot.. .. .. .. 94 1 6 36 10 4 Westland Provincial Distriot .. .. .. •• 1,072 10 5 1,117 14 3 Otago Provincial District .. .. .. .. 1,373 6 4 — 11 , 237 2 lu 76,113 7 11 Emigrants .. .. .. •• •• •• •• •• 42,788 12 8 0 5 9 Fisheries Acfe, 1908 .. .. .. •• •• •• •• n n 150 0 0 General Assembly Library Fund .. .. .. .. •• 75 0 0 1,664 11 0 German Currency .. .. .. .. .. •• •• •• ,277 18 7 6,178 18 3 Gold Duty Suspense .. .. .. .. •• •• •• ° Greymouth and Hokibika High School Acts, 1883 .. .. .. •• 1,035 8 11 High Commissioner's Comforts Fund .. .. .. .. • ■ 351 4 4 Honey Export Control Act, 1924 .. .. .. .. •• 436 6 7 846 10 8 Hospitals and Charitable Institutions Aot, 1909 .. .. •• •• 487 0 x 1 010 0 0 Immigration Restriction Act, 1908 .. .. .. .. •• •• 2,290 0 0 37 10 4 Imperial Government Soheelite-supply .. .. •• •• •• '• 206 17 4 Imperial Government Wool-supply .. 17,15117 2 Land Act, 1908—Mining Districts Land Oooupation .. .. .. .. •• Land Transfer Act, 1885 .. .. 4,434 5 7 Loans Stamp Duty Account .. .. •• •• • •• •• 1 Maori Land Settlement Act, 1905 .. .. .. •• •• •• g g Massey Memorial Fund .. .. .. ... .. .. •• 28,083 0 6 Meat-export Control Act, 1921-22 .. .. .. •• •• •• 297*978 3 0 274,922 6 10 Miscellaneous .. .. .. •• •• •• •• eo' 7 <i 9 n q 45,287 111 Money-order Settlement .. .. .. •• •• •• •• ' 17 o ? 138 1 2 National Health Insurance Stamps .. .. .. •• •• •• to n n Native Land Act, 1878 (No. 2) .. •• •• " " " 5,545 3 10 Naval Remittances .. .. •• •• •• •• •• ' An n o 154 13 4 Nelson Rifle Prize Fund .. .. .. •• •• •• •• New Zealand Relief Funds.. .. .. •• •• •• •• 17 16 4 Ngatirihiri Compensation Account .. .. .. •• •• 6,088 1 10 Opossum Fees .. .. .. •• •• •• •• aq'q.-.q 17 « 1,323,812 9 9 Payments through the High Commissioner .. .. .. .. .. " 87,338 14 3 Post Office Savings-bank Deposits .. .. .. •• •• •• ,170 q Public Trust Office Remittance. .. .. •• •• •• •• ' ' _ .. „ 1,311,583 11 8 Purchase of Wheat Account, 1924-25 .. .. •• •• „„„ _ ln Purchase of Wheat Acoount, 1925-26 . •• •• •• 2,840 0 0 Railways Account .. .. •• •• •• •• •• ,- 2 71' 1 o k 303,997 5 0 Receipts by the High Commissioner for payment in New Zealand .. .. at'qqq 0 0 25,000 0 0 Receiver-General's Deposit Aocount .. .. •• •• •• •• o'iar 7 0 Released Sinking Funds Suspense Account .. .. •• •• •• 1'070 is 02,056 19 1 Remittances to Immigrants .. •• •• •• •• ' 10 0 0 Rotorua College and Grammar Sohool Aocount 26,860 14 10 Sale of Admiralty Stores .. .. •• •• •• •• 84,769 16 3 Samoan Treasury Account .. .. •• •• •• •• •• 7'rnq 11 1 255 5 6 Special Coal-rate—Greymouth Harbour Board Act, 1884 .. .. •• , ' uu " 133 15 9 Stipendiary Magistrates' Pensions .. .. • ■ • • • • • • 852 17 9 792 6 4 Taranaki Scholarships Endowment .. .. ■ • • • • • • • Tauranga Educational Endowment Reserves Act, 1896 .. .. , •• * 81 17 0 Thermal Springs District Act," 1910 .. .. •• •• •• Trustee Act, 1908 .. .. • ■ • • • • • • • • ■ • „„„ . „ g 283 5 1 Unclaimed Earnings .. .. •• •• •• •• •• ' Unclaimed New Zealand Bonds .. •• •• •• •• J 32 9 10 Unemployment Stamps .. .. •• •• •• •• 94 19 9 Unpresented Cheques .. .. •• •• •• 1 762,061 6 8 3,854,576 4 9 Carried forward .. .. •• •• •• •• •• 1,762,061 6 8 Note.—In these accounts the credit>s-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. . ftn For the purposes of comparison a summary showing the net expenditure will be found on page bj.

B.—l IPT. I

14

PUBLIC ACCOUNTS, 1925-1928

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the

DEPOSITS j 1924-1925. j RECEIPTS. 1925-1926. £ s. d. £ s. d. £ s. d. 600,661 11 8 Brought forward .. .. .. -• •• 510,041 3 11 417,157 4 11 . 554,589 8 9 Lodgments—continued. 38,060 17 6 Money-order Settlement .. .. .. .. •• •• •• 53,627 4 5 Moumahaki Endowment Revenue Account .. .. .. •• •• 1,693 10 10 Moumahaki Endowment Capital Accour t .. .. .. . ■ 689 7 4 152 15 1 National Health Insurance Stamps .. .. .. .. • ■ ■ • 36 14 0 6,391 10 2 Naval Remittances Account .. .. .. 5,399 9 2 39 18 4 Nelson Rifle Prize Fund .. .. .. .. .. •• •• 43 8 3 New Zealand Relief Funds.. .. .. .. .. •• •• 6,742 0 7 82 9 6 New Zealand University Endowment, Westland .. .. .. .. 86 10 6 245 0 0 North Island Experimental Dairy School .. .. . .. .. 245 0 0 6,073 1 10 Opossum Fees .. .. .. .. .. .. .. •• 9,205 12 6 1,332,052 5 4 Payments through the High Commissioner .. . .. .. 41,135 7 9 99,009 14 3 Post Office Savings-bank Deposits .. .. .. .. .. 70,435 16 0 Public Trust Office Remittance .. .. .. .. .. .. 0 0 1,213,078 19 6 Purohaae of Wheat Account, 1924-25 .. .. .. .. .. Purchase of Wheat Account, 1925-26 .. .. .. •• •• 686,486 0 5 307,078 9 3 Receipts by the High Commissioner for payment in New Zealand .. .. 153,319 9 J 26,000 0 0 Receiver-General's Deposit Account.. .. .. .. .. 70,000 0 0 2,546 9 1 Remittances to Immigrants.. .. .. .. .. .. •• 1,893 5 0 1,662 7 1 Rotorua College and Grammar School Account .. .. .. .. „ i 2 1,614 11 6 Samoan Loan Sinking Fund Account .. .. .. .. .. 1,677 0 b 79,703 15 1 Samoan Treasury Account .. .. .. .. .. .. .. 72,897 9 133 15 9 Stipendiary Magistrates Pensions Special Coal Rate —Greymouth Harbour Board Act, 1884 .. .. .. 7,019 11 1 816 12 4 Taranaki Scholarships Endowment Act, 1910 .. .. .. . • 989 14 3 372 2 2 Tauranga Eduoational Endowment Reserves Act, 1896 .. .. .. 264 16 10 128 19 3 Thermal Springs Districts Act, 1910 .. .. .. .. • • 56 19 6 199 6 4 Trustee Act, 1908 .. .. . . .. .. .. •• ®30 19 11 579 4 8 Unclaimed Earnings .. .. .. .. .. .. •• 331 6 2 57 0 3 Unemployment Stamps .. .. .. .. . • •. ■ • 75 14 9 403 5 0 Unpresented Cheques .. .. .. .. .. . • ■. 909 19 0 3,671,071 18 0 £4,271,733 9 8 Totals .. .. .. .. .. .. •• £2,115,681 9 4 STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the GENERAL PURPOSES £ s. d. Balanoe at beginning of Year, — £ s. d. £ 3 - d. 589,417 1 4 Cash in the Public Account .. .. .. .. .. .. 163,989 11 5 Imprests outstanding— 20,721 17 10 In the Dominion .. .. .. .. .. .. .. 33,195 9 2 127,884 9 1 In London .. .. .. .. .. .. .. .. 182,254 6 3 150,000 0 0 Investment Account .. .. .. .. .. .. .. .. • _ 379,439 6 10 888,023 8 3 —— Credits-in-aid, — 59,498 0 8 Vote—Public Works, Departmental .. .. .. .. .. .. 76,918 10 2 110,270 8 2 „ Railway-construction .. .. .. .. .. .. 181,876 18 8 3,177• 7 10 „ Additions to Open Lines .. .. .. .. .. .. 8,894 5 5 108 3 9 „ General .. .. .. .. .. .. .. .. 198 16 9 5 14 3 . „ Courthouses.. .. .. .. .. .. .. .. 6 6 11 127 0 9 „ Prison Buildings and Works .. .. .. .. .. .. 710 3 0 191 5 0 „ Police-stations 998 4 9 „ Postal and Telegraph.. .. .. .. .. .. .. 197 5 5 4,005 0 0 „ Agricultural .. .. .. .. .. .. .. 280 128 14 9 „ Mental-hospital Buildings .. .. .. .. .. .. 551 15 1 10 0 0 „ Hospitals and Charitable Institutions .. .. .. .. .. 1,324 13 10 42,028 13 10 „ Timber-supply, Sawmills, &o... .. .. .. .. .. 20,327 14 2 9,664 18 1 „ Acquisition and Operation of Quarries .. .. .. .. 35,650 4 4 0 17 6 „ Lighthouses.. .. .. .. .. .. .. .. 1 16 0 3,169 9 8 „ Development of Tourist Resorts .. .. .. .. .. 327 19 11 177,566 11 8 „ Department of Immigration .. .. .. .. .. .. 181,052 6 9 18,255 7 7 „ Roads, &o. .. .. .. .. .. .. .. .. 14,667 15 11 233 0 0 „ Roads on Goldfields.. 115,695 10 7 „ Telegraph Extension.. .. .. .. .. .. .. 113,353 12 8 155 12 3 „ Contingent Defence .. .. .. .. .. .. .. 93 9 8 231 14 7 „ Lands, Miscellaneous .. .. .. .. .. .. 6,609 17 2 1,002 11 2 „ Irrigation, Water-supply, and Drainage .. .. .. .. 2,568 8 6 101,487 19 0 „ Plant, Material, and Stores .. .. .. .. .. .. 57,601 10 7 648,012 5 10 702,935 18 11 Credits in reduction — 896 10 8 Unauthorized Expenditure .. .. .. .. .. .. .. 50,124 18 7 753,060 17 6 648,908 16 6 1,536,932 4 9 Carried forward .. .. .. .. .. .. .. 1,132,500 4 4 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1523) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. 11.

PUBLIC ACCOUNTS, 1925-19 26.

Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

15

ACCOUNT —continued. 1924-1925. i 1925-1926. Gross. ! EXPENDITURE. Gross , | I £ s. d. £ s- d. £ s. d. 3,854,576 4 9 Brought forward .. .. .. .. .. •• 1,762,061 6 8 Balance at end of Year, — 2,361 10 11 Cash in the Public Account .. .. .. .. .. .. 1,487 17 9 Imprests outstanding— 166 13 4 In the Dominion 14,429 0 8 In London .. .. .. .. .. .. .. .. 6,682 4 11 Investment Accounts— £ s. d. 262,350 0 0 Various Deposit Accounts .. .. .. .. 118,330 0 0 24,170 0 0 Distribution of Wool Profits Account 56,790 0 0 German Currency .. .. .. .. .. 56,790 0 0 28,000 0 0 Miscellaneous (Belgian Relief Fund) .. .. .. 28,000 0 0 1,600 0 0 New Zealand University Endowment, Westland .. .. 1,900 0 0 26,000 0 0 Receiver-General's Deposit Account .. .. .. 131,000 0 0 Rotorua College and Grammar School Account .. .. 4,700 0 0 I,290 0 0 Samoan Loan Sinking Fund Account .. .. .. 4,730 0 0 345,450 0 0 417,157 4 11 353,620 2 8 £4,271,733 9 8 Totals .. .. .. .. .. .. .. .. £2,115,681 9 4 ?ear ended 31st Maboh, 1926, compared with the Year ended 31st Maboh, 1925. ACCOUNT. £ s. d. Annual Appropriations,— £ s. d. £ s. d. 186,990 16 11 Vote —Public Works, Departmental .. .. .. .. .. 203,393 16 3 1,246,076 18 4 „ Railway-construction .. .. .. .. .. .. 1,328,169 9 11 746,099 14 7 Additions to Open Lines .. .. .. .. .. .. 851,216 0 2 30,898 18 3 , General .. .. .. .. .. .. .. .. 29,568 2 3 5,368 10 2 „ Courthouses .. .. .. ... .. .. .. 7,215 14 6 25,406 8 9 n Prison Buildings and Works .. .. .. .. .. .. 24,905 17 1 18,743 19 11 w Polioe-stations .. .. .. .. .. .. .. 16,594 8 10 66,915 12 11 , Postal and Telegraph .. .. .. .. .. . 90,063 4 0 7,246 15 6 n Agricultural .. .. .. .. .. .. .. 7,934 1 6 68,567 0 11 n Mental-hospital Buildings .. .. .. .. .. .. 78,386 7 0 28,244 10 0 „ Hospitals and Charitable Institutions .. .. .. .. 32,501 10 6 21,491 5 5 „ Timber-supply, Sawmills, &c. .. .. .. .. .. 10,435 2 8 II,480 0 7 n Acquisition and Operation of Quarries .. .. .. .. 48,001 14 6 2,852 8 9 h Lighthouses .. .. .. .. .. .. .. 5,692 7 10 0 7 , Harbour-works .. .. .. .. .. .. .. 3,717 0 4 15,512 11 n Development of Tourist Resorts .. .. .. .. .. 43,813 12 0 foo'io? i? " Department of Immigration .. .. .. .. .. 288,573 5 8 11 11 Roads, &c. .. .. .. .. .. .. 5/9,362 3 3 2,988 2 10 „ Roads on Goldfields .. .. .. .. .. .. 3,934 0 0 1,072,989 13 2 Telegraph Extension .. .. .. .. .. 1,045,014 8 0 5,000 0 0 n Motor Transport Services .. .. .. .. .. .. 4,994 0 4 27,288 4 0 Contingent Defence .. .. .. .. .. .. 89,763 3 11 34,404 1 4 m Lands, Miscellaneous .. .. .. .. .. .. 77,102 11 1 iL " Irrigation. Water-supjrly, and Drainage .. .. .. .. 58,795 1 8 89,258 10 ,! u Plant, Material, and Stores .. .. .. ., .. 91,054 10 8 4,779,388 9 6 5,020,201 13 11 Unauthorized Expenditure,— 959 17 5 Services not provided for .. .. .. .. .. .. .. 51,263 9 7 — 5,071,465 3 6 4,780,348 6 11 - - ■ 4,780,348 6 11 Carriedjiorward .. .. .. .. .. .. 5,071,465 3 6 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I

16

PUBLIC ACCOUNTS, 1 925-1 926.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

1924-1925. RECEIPTS. 1925-1926. £s.d. £ s. d. £ s. d. 1,536,932 4 9 Brought forward .. .. .. .. .. ■ •• 1,132,500 4 4 40,794 18 10 Recoveries on account of Expenditure of previous Years .. .. ' •• 27,474 11 2 Speciai Receipts in connection with the Ellesmere and Forsyth Reclamation and 1,637 3 0 Akaroa Railway Trust Account .. .. .. .. .. •• 1,671 Public Revenues Act, 1910, Section 36, — Temporary Transfer from the Consolidated Fund (Ordinary Revenue Account .. •• 125,000 0 0 Transfer from Consolidated Fund (Ordinary Revenue Account) in terms of Section 17 1,000,000 0 0 of the Appropriation Act, 1924 .. .. .. .. .. .. •• •• Transfer from Consolidated Fund (Ordinary Revenue Account) in terms of Section 12 of the Appropriation Act, 1925 .. .. .. .. .. .. •• 500,000 0 0 New Zealand Loans Act, 1908, — Aid to Public Works and Land Settlement Act, 1922— New Zealand Consolidated Stock, 1944— 4J-per-cent. Stock issued in respect of amount required to cover charges and expenses of raising £3,000,000 (part of £4,000,000 4-per-cent. Stock Loan, 324,019 16 2 1923) 4J per-cent. Stock issued in respeot of amount required to cover Stamp Duty 831 14 4 on Transfers of New Zealand Consolidated Stock, 1944 Finance Act, 1923, Seotion 2 (Public Works) — New Zealand Consolidated Stock, 1944— 4|-per-cent. Stock issued in respect of £3,000,000 authorized (part of 3,000,000 0 0 £5,000,000 4J-per-cent. Stock Loan, 1924) 4J per-cent. Stock issued in respeot of amount required to cover charges and 214,348 19 4 expenses of raising £3,000,000.. 11 13 y Interest on overdue instalments.. 4|-per-cent. Stock issued in respect of amount required to cover Stamp Duty 8,250 16 5 1 on Transfers of New Zealand Consolidated Stock, 1944 .. Aid to Public Works and Land Settlement Act, 1921— New Zealand Consolidated Stock, 1935/1945 — 5-per-cent. Inscribed Stock issued in respeot of Amount required to cover Stamp 1 310 3 10 Duty on Transfers New Zealand Consolidated Stock, 1945— Aid to Public Works and Land Settlement Act, 1922 — Stook issued in respect of £1,000,000 authorized (part of £7,000,000 ' 4J per-cent. Stock Loan) .. .. .. .. .. .. 1,000,000 0 0 4J-per-cent. Stock issued in respect of amount required to cover Charges and Expenses of raising £1,000,000 .. .. .. .. .. 84,009 1 9 Interest on Overdue Instalments .. .. .. .. .. 664 Finance Act, 1923, Section 2 (Publio Works)— Stock issued in respect, of £1,000,000 authorized (part of £7,000,000 4J-per-cent. Stock Loan) .. .. .. .. .. .. 1,000,000 0 0 4J-per-eent. Stock issued in respect of amount required to cover Charges and Expenses of raising ±1,000,000 .. .. .. .. .. 84,009 1 9 Interest on Overdue Instalments .. .. .. .. .. 664 Finance Act, 1924, Section 2 (Public Works) — Stook issued in resecpt of .'£1,500,000 authorized (part of £7,000,000 4J-per-cent. Stock Loan) .. .. .. .. .. .. 1,500,000 0 0 4J-per cent. Stock issued in respect of amount required to cover Charge s and Expenses of raising £1,500,000 .. .. .. .. .. 126,013 12 6 Interest on Overdue Instalments .. .. .. .. .. 995 Finanoe Act, 1924, Section 2 (Publio Works) — Debentures issued .. .. .. .. .. .. .. 92,320 0 0 New Zealand Inscribed Stock Act, 1917 — Inscribed Stock issued .. .. .. .. .. .. .. 347,550 0 0 — - 4,233,923 18 1 3,548,773 3 10 Public Revenues Amendment Act, 1913, Section 34, — Proceeds of Treasury Bills issued in anticipation of Loan .. .. .. .. 500,000 0 0 £6,128,157 10 5 Total .. .. .. .. .. .. .. £6,520,570 110 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure an shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will bo found on page 69-

17

B.—l [PT. li.

PUBLIC ACCOUNTS, 1 925-1 926.

GENERAL PURPOSES ACCOUNT —continued.

1924-1925. EXPENDITURE. 19 f- 1926 " Gross. Gross. £ s. d. £ s, i £ s. d. 4,780,348 6 11 Brought forward .. .. .. .. .. .. .. 5,071,465 3 6 Lake Ellesmere and Akaroa Railway Trust Account, — Expenditure under Section 383, Subsection (2), Land Aot, 1924 .. .. 43 8 2 Expenditure under Section 6, Subsection (1) o! the Ellesmere Land Drainag" 439 5 0 Act, 1905 .. .. .. .. .. .. .. .. 439 5 0 — 482 13 2 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — 200 0 0 Aid to Public Works and Land Settlement Act, 1903 (Redemptions) .. .. 50 0 0 15,893 19 5 Aid to Public Works and Land Settlement Act, 1922 .. .. .. 84,265 8 1 g00 0 0 Finance Act, 1920, Section 15 (Public Works), (Redemptions) .. .. 900 0 0 200 0 0 Finance Aot, 1921, Section 10 (Public Works), (Redemptions) .. .. 50 0 0 215,004 6 4 Finance Act, 1923, Section 2 (Publio Works) .. .. .. .. 84,015 8 1 ' ,, Finance Act, 1924, Section 2 (Publio Works) .. .. .. .. 127,768 13 4 _ — 297,049 9 6 232,098 5 9 Stamp Duty on Transfers of New Zealand Consolidated Stook, 1935/1945 — 1,158 9 5 Aid to Public Works and Land Setclement Act, 1921 .. .. .. 131 7 11 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944 — 794 5 10 Aid to Public Works and Land Settlement Act, 1922 7,879 10 8 Finance Act, 1923, Section 2 —__1 131 7 ii 9,832 5 11 Public Revenues Amendment Act, 1913, Section 34— 500,000 0 0 Treasury Bills redeemed from Proceeds of Loan .. .. .. .. .. 500 000 0 0 Publio Revenues Act, 1910, Secmon b, — Temporary Transfer from Consolidated Fund (Ordinary Revenue Account) repaid .. 125,000 0 0 Transfer to Main Highways Account, Construction Fund, in terms of Seotion 15 (2) 226,000 0 0 of the Finance Act, 1923 Adjustment of Amount incorrectly oredited in Financial Year 1922-23, — New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1935/45 — Aid to Publio Works and Land Settlement Act, 1921— Premiums .. .. .. .. .. .. .. .. .. 20 6 5 Balance at end of Year, — 163,989 11 5 Cash in the Publio Account .. .. .. .. .. .. 366,331 4 7 Imprests outstanding— 33,195 9 2 In the Dominion .. .. .. .. .. .. .. 36,027 3 8 182,254 6 3 In London .. .. .. .. .. .. .. .. 65,062.13 1 Investment Account .. .. .. .. .. . .. 59,000 0 0 526,421 1 4 379,439 6 10 16,128,157 10 5 Totals .. .. .. .. .. .. .. £6,520,570 1 10 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I

18

PUBLIC ACCOUNTS. 1925-1 9 26.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the

THE WAIHOU AND OHINEMURI j " 1924-1925. RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year,— £ s. d. £ s. d, 1.660 9 6 Cash in the Public Aooount .. .. .. .. .. .. 273 4 8 Imprests outstanding— 0 12 2 In London 273 4 8 1.661 1 8 Credits in reduction of expenditure under Section 17 of the Waihou and Ohinemuri 14,046 1 11 Rivers Improvement Act, 1910 .. .. .. .. .. .. .. 1,296 19 6 Contributions under the Waihou and Ohinemuri Rivers Improvement Act, 1910, Sections 17 and 18, and Amendment Act, 1912, and Appropriation Act, 1916, Section 27, — Gold-mining Companies .. .. .. .. .. .. .. 2,002 13 2 2,233 10 2 Consolidated Fund .. .. .. .. .. .. .. 82 11 4 4,803 18 3 Gold Duty .. .. .. .. .. .. .. .. 1,123 16 8 3,209 1 2 7,039 8 5 — —■— New Zealand Loans Act, 1908, —- Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1922, Section 16—■ 50,000 0 0 Debentures issued .. .. .. .. .. .. .. 11,000 0 0 Waihou and Ohinemuri Rivers Improvement Aot, 1910, and Finance Act, 1924, x Section 6 — Debentures issued .. .. .. .. .. .. .. 55,000 0 0, 69,000 0 0 £72,746 12 0 Totals .. .. .. .. .. £73,779 5 4 ELECTRIC —— - — . . __ - £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 23,413 2 11 Cash in the Publio Account .. .. .. .. .. .. 30,479 13 10 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 3,598 15 1 29,752 10 10 In London .. .. .. .. .. .. .. .. 42,369 6 11 1,053,008 6 3 Investment Account .. .. .. .. .. .. .. 152,800 0 0 229,247 15 10 1,106,174 0 0 — Credits-in-Aid, — 31,711 5 0 Vote—Development of Water-power .. .. .. .. .. .. 36,587 10 2 Recoveries on account of Expenditure of previous Years .. .. .. .. 994 10 0 State Supply of Eleotrioal Energy Act, 1917, Section 8, — 135,587 4 7 Sales of Electric Energy .. .. .. .. .. .. .. 234,438 17 1 2,921 9 3 Miscellaneous Receipts .. .. .. .. .. .. .. 3,791 7 1 ________ 238,230 4 2 138,508 13 10 46,271 19 1 Interest on Securities held by Investment Account .. .. .. .. .. j 9,832 5 5 New Zealand Loans Act, 1908,— New Zealand Consolidated Stock, 1945— Electric-power Works Loan Act, 1919— Stock issued in respeot of £500,000 authorized (part of £7,000,000 4J-per-cent. Stock Loan).. .. .. .. .. .. .. .. 500,000 0 0 Stock issued in respeot of amount required to cover charges and expenses of raising £500,000 .. .. .. .. .. .. .. 42,004 10 10 Interest on overdue instalments .. .. .. .. .. 332 Finance Aot, 1920 (Section 15), (Electric power Works) — Debentures issued .. .. .. .. .. .. 104,450 0 0 4j-per-cent. Debentures issued .. .. .. .. .. .. 30,000 0 0 New Zealand Inscribed Stock Act, 1917 — Finance Act, 1920 (Section 15), (Electric-power Works) — 5J.per-oent. Inscribed Stock issued .. .. .. .. .. 188,600 0 0 5i per-cent. Inscribed Stock (Death Duties) issued .. .. .. 6,950 0 0 New Zealand Consolidated Stock, 1935/1945 — Electric-power Works Loan Act, 1919— 5-per-cent. Inscribed Stock issued in respect of amount required to cover Stamp 233 19 3 Duty on Transfers .. 872,007 14 0 £1,322,899 17 2 Totals .. .. .. .. .. .. .. £1,386,899 19 7 ELECTRIC SUPPLY £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. Cash in the Publio Account .. .. .. .. .. .. 108 10 2 Investment Account .. .. .. .. .. .. .. 12,000 0 0 12,108 10 2 State Supply of Eleotrical Energy Act, 1917, Section 12, — 12,108 10 2 Transfer from Electric Supply Account, Horahora Scheme ., .. .. .. 4,748 3 5 Interest on Securities held by Investment Account .. .. .. .. .. 534 11 6 £12,108 10 2 Totals .. .. .. .. .. .. .. £17,391 5 1 Note.—In these accounts the credits-in-aid (section 22, Appropriation Aot, 1923) and other credits in reduction of expenditure are shown receipts, and are not deducted from the expenditure as prior to 1924-25.

19

B.—l [FT. I],

PUBLIC ACCOUNTS, 1925-1926.

Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

4—B. 1 IPT. I].

RIVERS IMPROVEMENT ACCOUNT. 1924-1925. EXPENDITURE. 1925-1926. Gross. Gross. £ s. d. Expenditure under Section 17 of the Waihou and Ohinemuri Rivers Improvement £ a. d £ a d 67,932 15 8 Aot, 1910 .. .. .. .. .. .. .. .. 49,204 8 6 Recoupments to the Consolidated Fund under the Finance Act, 1919, Section 4, — 4,000 0 0 Interest .. .. .. .. .. .. .. .. .. 2 865 1 2 540 11 8 Sinking Fund .. .. .. .. .. .. .. .. ' 2,865 1 2 4,540 11 8 Balance at end of Year, — 273 4 8 Cash in the Public Account .. .. .. .. .. .. 19,455 19 4 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 2,253 16 4 273 4 8 21 ' 7 ° 9 15 8 £72,746 12 0 Totals .. .. .. .. .. .. .. £73,779 5 4 SUPPLY ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 879,189 6 7 Vote—Development of Water-power .. .. .. .. .. 982,120 4 3 Unauthorized Expenditure,— Services not provided for .. .. .. .. .. .. .. 40 16 2 — 982,161 0 5 202,117 7 6 Recoupment of Interest under the Finance Act, 1919, Section 4 .. .. .. .. 218,727 18 0 29 19 8 Recoupment of Management Charges of Consolidated Stock .. .. .. j .. 369 16 1 Amortization of Debt, — State Supply of Electrical Energy Aot, 1917, Section 12— 12,108 10 2 Transfer to Electrio Supply Sinking Fund Account, Horahora scheme .. .. 4,748 3 5 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45, — Eleetric-power Works Loan Act, 1919 .. .. .. .. .. • • 213 18 8 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908— Electric-power Works Loan Act, 1919 .. .. .. .. .. 42,007 14 0 Finance Act, 1920, Section 15 (Electric-power Works) .. .. .. 532 12 8 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45 — 206 17 5 Electric-power Works Lo.tu Act, 1919 .. .. .. .. .. 23 9 4 — ; 42,563 16 0 Adjustment of Amount erroneously credited in 1922/23, —- New Zealand Loans Act, 1908— New Zealand Consolidated Stock, 1335/45 — Electric-power Works Loan Act, 1919, Premiums .. .. .. .. 3 12 7 Balance at end of Year, — 30,479 13 10 Cash in the Public Account .. .. .. .. .. .. 2,350 6 8 Imprests outstanding — 3,598 15 1 In the Dominion .. .. .. .. .. 2,145 7 0 42,369 6 11 In London .. .. .. .. .. , . .. .. 43,616 0 9 152,800 0 0 Investment Account .. .. .. , .. .. 90,000 0 0 — 138,111 14 5 229,247 15 10 £1,322,899 17 2 Totals .. .. .. .. .. .. £1,386,899 19 7 SINKING FUND ACCOUNT. £ s. d. Balance at end of Year, — £ s. d. £ s. d. 108 10 2 Cash in the Public Account .. .. .. .. .. .. 151 12 000 0 0 Investment Account .. .. .. .. .. .. .. 17,390 0 0 17,391 5 1 £12,108 10 2 Totals .. .. .. .. .. .. .. £17,391 5 1 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I].

20

PUBLIC ACCOUNTS, 1 925-1 9 26.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

ADVANCES TO OTHER | ' 1924-1925. RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year, — I £ s. d. £ s. d 25,363 4 4 Cash in the Public Account Imprests outstanding— 39,852 13 10 In the Dominion .. .. .. .. .. .. .. 437 7 8 65,215 18 2 437 7 8 Finance Act, 1921-22, Section 13, — Transfer from the Consolidated Fund .. .. .. .. .. ... 30,000 0 0 Recoveries from other Governments— 752 16 1 Bechuanaland .. .. .. .. .. . . 101 19 5 British Guiana .. .. .. .. , . .. .. ! 69 2 10 144 2 11 Canadian Government .. .. .. .. .. .. .. j 56 7 8 518 14 6 Ceylon .. .. .. .. .. .. .. .. ! 624 15 2 2,166 3 7 Cook Islands .. .. .. .. .. .. .. .. 3,612 37 3 33,522 15 11 Commonwealth Government .. .. . ... .. 26,335 11 8 538 0 0 East Africa Protectorate . . .. . , . . . , . 348 6 8 202 12 8 Falkland Islands 3,654 18 7 Federated Malay States .. .. .. .. .. .. 3,368 19 2 585 2 8 Fiji .. .. .. .. .. .. .. . . 350 6 4 188 12 5 Hong Kong .. .. .. .. .. .. .. . . 93 18 3 | 28,022 0 6 Imperial Government .. .. .. .. .. .. .. 68,676 2 11 1 198,064 1 1 Imperial Pensions .. .. 195,184 9 3 859 8 11 Mauritius .. . . .. .. .. .. .. 606 13 4 1,506 1 0 Nigeria .. .. .. .. .. .. 983 15 8 200 19 4 Niue.. .. .. .. .. .. .. .. .. 749 4 9 275 0 0 Nyassaland .. .. .. .. . . .. 216 13 4 Palestine .. .. ,. .. .. .. .. 344 7 5 Southern Rhodesia .. .. .. . . .. .. . . 7 19 3 383 1 4 Straits Settlements .. .. .. .. .. .. 312 12 3 128 10 0 St. Helena .. .. .. .. .. .. .. .. i 2 14 10 169 1 0 Trinidad .. .. .. .. .. .. 113 8 0 807 4 3 Union Government of South Africa .. 550 — 302,063 11 0 272,791 6 2 £338,007 4 4 Totals .. .. .. .. .. .. .. 1 £332,500 18 8 BANK OF NEW ZEALAND I £ s. d. Balance at beginning of Year,— £ s. d. £ 8. d. 875,000 0 0 Investment Aooount .. .. . ,. .. .. .. 875,000 0 0 £875,000 0 0 Totals .. .. .. .. .. .. .. 0 0 CHEVIOT ESTATE £ s. d. Balance at beginning of Year,— £ s. d. £ s. d. 5,778 0 11 Cash in the Public Account .. . .. .. .. .. .. 9,309 19 10 202,640 0 0 Investment Aocount .. .. .. .. .. .. . 214,640 0 0 ; 223,949 19 10 208,418 0 11 Receipts under the Land Aot, 1924,— 17,421 15 3 Rents from Lands.. .. .. .. .. 17,178 14 7 15 0 0 Sales .. .. .. .. . . .. .. .. . . I 65 0 0 ■ 17,243 14 7 17,436 15 3 8,288 3 S Interest on Securities held by Investment Aooount .. .. .. .. .. 9,088 14 9 £234,142 19 10 Totals .. .. .. .. .. .. £250,282 9 2 Note. —In these accounts the credits-in-aid (aection 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

21

B, -l [Pt. 1 .

PUBLIC ACCOUNTS, 1 925-1 926.

for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925.

GOVERNMENTS ACCOUNT. 1924-1925. 1925-1926 Gross. EXPENDITURE. Gross £ s. d. Finance Act, 1921-22, Section 13, — £ s. d. £ s. d 59,597 10 2 Transfer to Consolidated Fund in terms of Subsection (4) .. .. .. .. 10,168 2 3 Payments on behalf of other Governments— 9 5 Beehuanaland 84 5 8 British Guiana .. .. .. .. .. .. .. 69 2 10 82 18 9 Canadian Government .. .. , . ... .. .. .. 242 19 6 455 13 10 Ceylon .. .. .. .. .. .. .. . 608 19 11 2,101 9 5 Cook Islands .. .. .. .. .. .. .. .. 4,809 18 1 26,247 16 11 Commonwealth Government .. .. .. .. .. .. 25,572 14 7 474 3 4 East Africa Protectorate .. .. .. .. .. .. 316 13 4 28 12 8 Falkland Islands .. .. .. .. .. .. .. 90 10 9 3,471 5 5 Federated Malay States' .. .. .. .. .. .. 3,226 0 4 265 12 6 Fiji .. .. .. .. . . .. .. .. .. 352 9 4 152 12 8 Hong Kong .. . . .. .. . . .. .. .. 86 1 9 32,169 4 8 Imperial Government .. .. .. .. .. .. .. 67,538 2 3 208,823 13 6 Imperial Pensions .. .. .. .. .. .. 184,099 6 4 707 15 7 Mauritius .. .. .. .. . .. .. .. 556 2 3 1,260 8 1 Nigeria .. .. .. .. .. .. .. .. 983 15 8 276 13 8 Niue .. .. .. .. .. .. .. 896 11 10 162 10 0 Nyassaland .. .. .. .. .. .. .. .. 162 10 0 Palestine .. ., .. .. .. .. .. .. 344 7 5 Southern Rhodesia .. .. .. . - .. .. .. 7 19 3 182 5 10 Straits Settlements .. .. .. .. .. 312 12 3 140 14 0 Trinidad .. .. .. .. .. .. .. .. 113 8 0 337 0 7 Union Government of South Africa .. . . .. . . .. 430 5 3 290,820 10 11 277,972 6 6 Balance at end of Year, — Imprests outstanding— 437 7 8 In the Dominion .. .. .. .. .. .. .. .. 31,512 5 6 £338,007 4 4 Totals .. .. .. . .. .. .. £332,500 18 8 ACTS ACCOUNT. £ s. d. Balance at end of Year, — £ s. d. £ a. ci. 875,000 0 0 Investment Aocount .. .. .. .. .. .. .. 875,000 0 0 £875,000 0 0 Totals .. .. ... .. .. .. .. j £875,000 0 0 ACCOUNT. £ s. d. Expenditure under the La:.d Laws Amendmeut Act, 1922, Section 19, — £ 8. d. £ s. d. 415 17 6 Administration Expenses recouped to the Consolidated Fund Expenditure under the Land Act, 1924, Section 21, — 456 11 2 Administration Expenses reoouped to the Consolidated Fund.. .. .. .. 858 17 3 Recoupments under the Finance Act, 1919, Section 4, — 8,866 2 6 Interest .. .. .. .. .. .. .. .. 8,866 2 6 451 7 10 Sinking Fund 8,866 2 6 9,317 10 4 3 10 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 37 6 8 Amortization of Debt, — Transfer to Loans Redemption Account for Redemption and Cancellation in terms of Section 24 of the Finance Act, 1921-22, of Securities as under—New Zealand Loans Act, 1908— New Zealand Consolidated Stook, 1940 (nominal value, £42,000) .. .. .. 35,613 9 0 Balance at end of Year, — 9,309 19 10 Cash in the Public Account .. .. .. .. .. .. 73,686 13 9 214,640 0 0 Investment Account .. .. .. .. .. .. .. 131,220 0 0 —— 204,906 13 9 223,949 19 10 £234,142 19 10 Totals ... .. .. .. .. .. .. £250,282 9 2 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69

B.—l [Pt. I].

22

PUBLIC ACCOUNTS, 1925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

CONVERSION I 1924-1925. RECEIPTS. 1925-1926. £ s. d. Balanoe at beginning of Year, — £ s. d. £ s. d. 5,833 6 5 Cash in the Public Account .. .. .. .. .. .. 5,982 18 4 Advances in the hands of Stock Agents— 240 8 9 Cash .. .. .. .. .. .. .. .. 90 16 10 6,073 15 2 6,073 15 2 £6,073 15 2 Totals .. .. .. .. .. .. .. £'6,073 15 2 DETERIORATED £ s. d. New Zealand Loans Act, 1908, — £ s. d. £ s. d. Deteriorated Lands Act, 1925— Debentures issued .. .. .. .. .. .. . • • • 2,000 0 0 Totals .. .. .. .. .. .. .. j £2,000 0 0 DISCHARGED SOLDIERS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 164,060 12 1 Cash in the Public Account .. .. .. .. .. 6,388 16 9 Imprests outstanding—5,413 16 10 In the Dominion .. .. .. .. ■■ .. •• 12,361 18 9 68,500 0 0 Investment Account .. .. .. .. .. .. 159,260 0 0 178,010 15 6 237,974 8 11 Credits-in-Aid,- — 15,696 10 9 Vote —Expenses of Management .. .. .. .. .. •• .. 1,715 13 0 Credits in reduction of Expenditure under Section 9 of the Discharged Soldiers 25,492 13 11 Settlement Act, 1915 .. .. .. .. .. •• .. 25,913 0 6 Credits in reduction of Advances under Sections 6 end 9 of the Discharged Soldiers 282 7 9 Settlement Act, 1915 .. .. .. .. .. •• 1,119 12 2 Discharged Soldiers Settlement Act, 1915, Section 9, —• 921,364 14 11 Repayment of Advances .. .. .. .. .. .. .. 877,386 3 4 618,097 0 11 Interest on Advances .. .. .. .. - . .. 657,45 1 19 6 1,534,837 2 10 1,539,461 15 10 Discharged Soldiers Settlement Amendment Act, 1921, Sections 4 and 5, — 25 4 3 Rents Discharged Soldiers Settlement Amendment Act, 1921-22, Section 13,— 15,185 16 0 Rents .. .. .. .. .. .. . ■ •• .. 20,263 19 1 Discharged Soldiers Settlement Amendment Act, 1921-22, Section 11, — 20,132 3 6 Miscellaneous Receipts .. .. .. .. .. •• •• .. 22,777 10 2 39 15 0 Discharged Soldiers Settlement Amendment Act, 1923, Section 20, Subsection (3), — Interest .. .. .. .. .. .. .. •. j 266 1 3 Principal .. .. .. .. .. ■ • • • • • i 63 4 3 1 329 5 6 39 15 0 6,910 0 0 Discharged Soldiers Settlement Amendment Act, 1923, Section 20, Subsection (4) .. 23,943 18 3 7,416 5 2 Interest on Securities held by Investment Account .. .. .. .. .. 11,224 5 0 2,312 4 3 Realization Suspense Account .. .. .. .. .. .. .. 5 13 New Zealand Loans Act, 1908, — Discharged Soldiers Settlement Loans Aot, 1920—■ 7,600 0 0 Bonds issued 15,270 0 0 5-per-cent. Bonds issued New Zealand Consolidated Stock, 1935/1945 — 5-per-cent. Inscribed Stock issued in respect of Amount required to oover Stamp 116 19 7 Duty on Transfers 22,986 19 7 £1,893,916 4 11 Totals .. .. .. .. .. .. .. j £1,820,170 3 3 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69

8.--1 [PT. I].

PUBLIC ACCOUNTS, 1925-1926.

for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

23

ACCOUNT. 1924-1925. EXPENDITURE. 1 9 25-1928. Gross. Gross. £ s. d. Amortization of Debt, — £ s. d. £ a. d. Transfer to Loans Redemption Account for Redemption and Cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities raised to cover Expenses of Conversions, — New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1929.. .. .. .. .. 6,073 15 2 lialauoe at end of Year, — 5,982 18 4 Cash in the Public Account Advances in the hands of Stock Agents— 90 16 10 Cash .. £6,073 15 2 Totals .. .. .. .. .. .. £6,073 15 2 LANDS ACCOUNT. £ s. d. £ s. d. £ s. d. Expenditure under Section 12, Subsection 1 (d) of the Deteriorated Lands Act, 1925 .. 272 9 11 Balance at end of Year, — Cash in the Public Account .. .. .. .. .. .. .. 1,727 10 1 Totals .. .. .. .. •• •• •• 2,000 0 0 SETTLEMENT ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 77,462 12 0 Vote —Expenses of Management .. .. .. .. .. .. 44,526 1 6 Unauthorized Expenditure,— Services not provided for .. .. .. .. .. .. .. 80 0 0 , 44,606 1 6 25,642 4 5 Expenditure under Section 9 of the Discharged Soldiers Settlement Act, 1915 .. .. 26,365 1 11 717,339 15 0 Advances made under Sections 6 and 9 of the Discharged Soldiers Settlement Act, 1915 .. 727,093 12 11 Interest on Transfers from the Consolidated Eund, — 500,000 0 0 Discharged Soldiers Settlement Loans Act, 1920, Section 8, Subsection (3) .. 500,000 0 0 40,000 0 0 Appropriation Act, 1920, Section 31, Subsection (3), (Discharged Soldiers) .. 40,000 0 0 540,000 0 0 540,000 0 0 — Recoupments under the Finance Act, 1919, Section 4, — 338,048 15 11 Interest .. .. .. .. .. .. .. . ■ 340,690 16 2 11,705 9 6 Sinking Fund 340,690 16 2 349,754 5 5 3 3 11 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 39 10 0 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/1945, — Discharged Soldiers Settlement Loans Act, 1920 .. .. .. . - .. 106 19 5 Amortization of Debt, — Transfer to Loans Redemption Account for Redemption, in terms of Section 5, Subsection (3), of the Discharged Soldiers Settlement Loans Act, 1920, of matured Death-duty Stock as under— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act ; 1917 —• 4,100 0 0 Discharged Soldiers Settlement Loans Act, 1920 .. .. .. .. 13,250 0 0 Adjustment of Amount erroneously credited in 1922-23,— New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1935/1945 — Discharged Soldiers Settlement Loans Act, 1920 — Premiums • • .. .. .. .. .. .. .. 1 16 3 Charges and Expenses of raising Loans, —■ New Zealand Loans Act, 190S,— Discharged Soldiers Settlement Loans Act, 1920— Redemptions .. .. .. .. .. .. . . 30 18 0 1,500 0 0 Finance Act, 1918, No. 2, Section 31 (Discharged Soldiers Settlement) .. 1,700 0 0 Discharged Soldiers Settlement Loans Act, 1920— 103 8 8 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/1945 .. 11 14 8 — 1,742 12 8 1,603 8 8 Balance at end of Year, — 6,388 16 9 Cash in the Public Account .. .. .. .. .. .. 15,169 19 4 Imprests outstanding— 12,361 18 9 In the Dominion .. .. .. .. .. .. .. 11,284 12 4 159,260 0 0 Investment Account .. .. .. .. .. .. .. 99,819 0 9 126,273 12 5 178,010 15 6 £1,893,916 4 11 Totals .. ., .. .. .. .. .. £1,820,170 3 3 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. IJ

24

PUBLIC ACCOUNTS, 1 925-1 926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

DISCHARGED SOLDIERS SETTLEMENT 1924-1925. RECEIPTS. ,925-1926. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 1,393 14 1 Cash in the Public Account .. .. .. .. .. .. 1,484 14 9 211,250 0 0 Investment Account .. .. .. .. .. .. .. 270,250 0 0 271,734 14 9 212,643 14 1 9,091 0 8 Interest on Securities held by Investment Acoount .. .. .. . .. 11,87652 Discharged Soldiers Settlement Loans Act, 1920, Section 7, — 50,000 0 0 Transfer from the Consolidated Fund .. .. .. " • • . • .. 50,000 0 0 £271,734 14 9 Totals .. .. .. .. .. .. .. £333,610 19 11 EDUCATION LOANS £ s. d. Balance at beginning of Year, — £ s. d £ s. d. 6,550 8 6 Cash in the Public Account .. .. .. .. .. .. 3,173 16 10 Imprests outstanding— 782 12 0 In the Dominion .. .. .. .. .. .. 1,181 2 6 41,100 0 0 Investment Acoount .. .. .. .. .. .. .. 122,100 0 0 126,454 19 4 48,433 0 6 Credits in reduction of Expenditure under Section 3 of the Education Purposes 14,615 1110 Loans Act, 1919 .. .. .. .. .. .. .. .. •• 6,224 10 6 New Zealand Loans Act, 1908, — Education Purposes Loans Act, 1919 — New Zealand Consolidated Stock, 1944— 250,000 0 0 4J per cent. Insoribed Stock issued New Zealand Consolidated Stock, 1935/1945 — 5-per-cent. Inscribed Stock issued in respect of Amount required to cover 233 19 3 Stamp Duty on Transfers 290,000 0 0 Debentures issued .. .. .. .. .. ■■ •• 478,650 0 0 478,650 0 0 540,233 19 3 £603,282 11 7 Totals .. .. .. .. .. .. .. £611,329 9 10 Nom In these accounts the eredits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924—25. |i or the purposes of comparison a summary showing the net expenditure will be found on page 69.

25

B.—l IPT. I].

PUBLIC ACCOUNTS, 1 925 -1 9 26.

Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

LOANS ACT 1920 DEPRECIATION FUND ACCOUNT. 1924-1925. j „ I 1925-1926. Gross. EXPENDITURE. ! * s. d. £ s> £ g • • Commission, Costs, and Expenses of Purchases of Securities for Cancellation .. .. 193 10 0 Amortization of Debt, — Transfer to Loans Redemption Account for Redemption and Cancellation in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920— Discharged Soldiers Settlement Loans Act, 1920 .. .. .. 7,263 5 0 New Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 .. .. .. 31,107 12 6 38,370 17 6 Balance at end of Year, — 1,484 14 9 Cash in the Public Account . . .. .. . .. .. 18 196 12 5 270,250 0 0 Investment Account .. .. .. .. .. .. _ 276'850 0 0 271.734 14 9 295,046 12 5 £271,734 14 9 Totals .. .. .. .. .. .. .. £333,610 19 11 ACCOUNT. £ s. d. £ s. d. £ s d 469.735 18 10 Expenditure under Section 3 of the Education Purposes Loans Act, 1919.. .. .. 571,087 13 0 . Charges and Expenses of raising Loans, —• New Zealand Loans Act, 1908 — 6,884 16 0 Education Purposes Loans Act, 1919 .. .. .. .. .. 59 7 6 206 17 5 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/1945 .. 23 9 3 82 16 9 7,091 13 5 Adjustment of Amount incorrectly credited in Financial Year 1922-23, — New Zealand Loans Act, 1903— New Zealand Consolidated Stock, 1935/45 — Education Purposes Loans Act, 1919 — Premiums .. .. .. .. .. .. .. .. __ 3127 Balance at end of Year, — 3,173 16 10 Cash in the Public Account .. .. .. .. .. .. 39,775 10 7 Imprests outstanding— 1,181 2 6 In the Dominion .. .. .. .. .. .. .. 379 16 11 122,100 0 0 Investment Account 40,155 7 6 126,454 19 4 £603,282 11 7 Totals .. .. .. .. .. .. .. £611,329 9 10 i — i—_^=| Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924—25. for the purposes of comparison a summary showing th'i net expenditure will be found on page 69.

B.—l [FT. I

26

PUBLIC ACCOUNTS, 1925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

GENERAL PURPOSES 1924-1925. RECEIPTS. 1925-1926. ( ] £ s. d. Balance at beginning of Year, — £ a. d. £ a, d. 4,097 0 5 Cash in the Public Account.. .. .. .. .. .. .. 3,169 0 9 23,500 0 0 Investment Account .. .. .. .. ,. 15!000 0 0 18,169 0 9 27,597 0 5 3,084 8 9 Repayment of Advances (Waimarino Bush-fire Relief) .. .. .. .. .. 63116 3 Repayment of Advanoes under Finance Act, 1922, Section 20 (3), — 336 13 1 Flood Relief .. .. .. .. .. .. 2,000 18 11 In aid of Works of Production— 485 0 10 Moutere Hills Orchardists .. .. .. ., .. ,. 728 9 2 141 16 3 Ferngrove Sawmilliug Company .. .. .. .. ,, 121 11 0 0 0 3 Murchison Lime Co. Assistance to Cider Manufacturers .. .. .. .. .. 186 0 0 3,036 19 1 963 10 5 2,834 2 4 Interest on Advances (Waimarino Bush-fire Relief) .. .. .. .. .. 786 11 3 Interest on Advances under Finance Act, 1922, Section 20 (3), — 206 12 6 Flood Relief .. .. .. .. .. .. .. ., 437 0 9 Fire Relief .. .. .. .. .. .. .. .. 500 In aid of Works of Production — 188 10 11 Moutere Hills Orchardists .. .. .. .. ., .. 176 12 7 27 10 0 Murchison Lime Company 36 15 0 Ferngrove Sawmilling Company .. .. .. .. .. ,. 9 19 3 96 5 0 Nelson Farmers'Union Lime Company .. .. .. .. .. 192 10 0 Assistance to Cider Manufacturers .. .. .. .. .. 112 10 0 — 933 12 7 555 13 5 808 7 6 Interest on Securities held by Investment Account .. .. .. .. .. 675 0 0 £35,823 2 10 Totals .. .. .. .. .. .. .. £24,235 19 11 HAURAKI PLAINS £ s. d. Balance at beginning of Year,— I £ s. d. £ s. d. 1,694 12 7 Cash in the Publio Account .. .. .. .. .. .. .. 5,906 15 1 Credits in reduction of Expenditure under Section 5 of the Hauraki Plains Act, 1908, and Seotion 93 of the Reserves and other Lands Disposal and Public Bodies 2,253 19 7 Empowering Act, 1916 .. .. .. .. .. .. .. .. 9,419 9 6 Credits in reduction of Expenditure under Section 5, Subsection (2), of the Hauraki 73 11 5 Plains Amendment Act, 1922 (Maintenance of Completed Works) .. .. .. 1,126 7 0 Receipts under Section 5 of the Hauraki Plains Act, 1908,— 6,555 3 11 Rents .. .. .. .. .. .. .. .. .. 9,479 16 8 2,001 4 6 Land-sales .. .. .. .. .. .. .. .. 721 11 0 2,193 5 4 Miscellaneous .. .. .. .. .. .. .. .. 1,413 9 7 125 19 3 Interest on Sales .. .. .. .. .. .. .. .. Ill 1 4 11,725 18 7 10,875 13 0 Hauraki Plains Amendment Act, 1911, Section 3, and Hauraki Plains Amendment Act, 1922, Section 5 (It, — 2,522 17 4 Bate Acoount .. .. .. .. .. .. .. "j ' "• 10,848 18 0 . New Zealand Loans Aot, 1908, — Hauraki Plains Amendment Act, 1913, and Finance Act, 1923, Section 4— 40,000 0 0 Debentures issued Hauraki Plains Amendment Act, 1913, and Finance Act, 1924, Section 4— 30 000 0 0 Debentures issued .. .. .. .. .. .. 70,000 0 0 ' 70,000 0 0 70,000 0 0 £87,420 13 11 Totals .. .. .. .. .. .. .. £109,027 8 2 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

27

B.- ! [PT. !

PUBLIC ACCOUNTS, 1925-19 26.

Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

s—B. 1 [J j T. I].

RELIEF ACCOUNT. 1924-1925. EXPENDITURE. 1925 " 1926 - Gross. Gross. £ s. d. Expenditure under Section 20 (8) of the Finance Act, 1922, — £ s. d. £ s. d. 6,320 0 0 Advances for Flood Relief .. .. .. .: .. .. .. 2,892 13 6 200 9 2 Advances for Fire Relief In aid of Works of Production— Advanoes to Orohardists (Moutere Hills) .. .. .. .. .. 10 17 0 3,500 0 0 Advance to Nelson Farmers'Union Lime Company 4,500 0 0 Assistance to Cider Manufacturers .. .. .. .. .. 18 13 6 ! 2,922 4 0 14,520 9 2 Recoupments under the Finance Act, 1919, Section 4, — 3,000 0 0 Interest .. 133 12 11 Sinking Fund 3,133 12 11 Balance at end of Year, — 3,169 0 9 Cash in the Publio Account.. .. .. .. .. .. .. 6,313 15 11 15,000 0 0 Investment Account .. .. .. .. .. .. .. 0 0 18,169 0 9 21 ' 313 15 11 £35,823 2 10 Totals .. .. .. .. .. .. £24,235 19 11 SETTLEMENT ACCOUNT. £ s. d. Expenditure under Section 5 of the Hauraki Plains Aot, 1908, and Seotion 93 £ s. d. £ s. d. of the Reserves and other Lands Disposal and Publio Bodies Empowering 67,490 8 9 Act, 1916.. .. .. .. .. .. .. .. .. .. 66,945 7 6 Expenditure under the Hauraki Plains Amendment Aot, 1922, Section 5 (2), (Main11,227 18 1 tenance of completed Works) .. .. .. .. .. .. 8,178 13 3 Expenditure under the Hauraki Plains Amendment Aot, 1922, Section 5 (3), (Re33 19 7 coupment of Rates to the Consolidated Fund) .. .. .. .. _ 2 10 5 Expenditure under Section 4 (2) of tho Finance Act, 1924 (Payment for Lands set 20 0 0 apart under the Hauraki Plains Act, 1908) .. .. .. .. .. 1 _ 395 q 0 Recoupments under the Finanoe Aot, 1919, Seotion 4, — 1,743 15 0 Interest .. 997 17 5 Sinking Fund 2,741 12 5 Balance at end of Year,— 5,906 15 1 Cash in the Publio Acoount .. .. .. .. .. .. 33,433 17 2 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 7119 10 33,505 17 0 5,906 15 1 £87,420 13 11 Totals .. .. .. .. .. .. .. £109,027 8 2 Notb. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B —l r?T. T J.

PUBLIC ACCOUNTS, 1 925- 1 926

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

28

HOWARD ESTATE 1924-1925. RECEIPTS. I 1925-1926. £ s. d. Receipts under Section 7 of the Howard Estate Act, 1919, — £ s. d. £ s. d. 232 9 10 Amount reoeived from the Public Trustee .. .. .. .. .. .. 242 10 11 £232 9 10 | Totals .. .. .. .. .. .. .. £242 10 11 HUNTER SOLDIERS' £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 2,085 12 0 Cash in the Public Account .. .. .. .. .. .. .. 2,547 10 7 490 0 0 Rents .. .. .. .. .. .. .. .. .. .. 663 10 6 £2,575 18 0 Totals .. .. . „ .. .. .. .. £3,211 7 1 KAURI-GUM INDUSTRY £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 6,968 0 7 Cash in the Public Aocount .. .. .. .. .. .. .. 2,434 13 10 Credits in reduction of Expenditure under Section 4 of the Kauri - gum Industry 27 12 0 Amendment Act, 1914 .. .. .: .. .. .. .. . • 69 2 11 15,336 14 7 Sale of Kauri-gum .. .. .. .. .. .. .. .. •• 5,521 15 6 254 14 7 Miscellaneous Receipts .. .. .. .. .. .. .. •• 3 12 3 t Advance from Consolidated Fund for Purchase of Kauri-gum (treated as an advance in anticipation of Legislation) .. .. .. .. .. .. .. 10,000 0 0 £22,587 1 9 Totals .. .. .. .. .. .. .. £18,029 4 6 LAND ASSURANCE £ s. d. Balance at beginning of Year — £ s. d. £ s. d. 6,143 13 5 Cash in the Public Account .. .. .. .. .. .. 6,699 5 4 73,890 0 0 Investment Account .. .. .. .. .. .. .. 80,000 0 0 86,699 5 4 80,033 13 5 3,018 6 8 Receipts under Seotion 185 of the Land Transfer Aot, 1915 .. .. .. •• 734 12 0 3,836 3 4 Interest on Securities held by Investment Account .. .. .. .. .. 3,446 5 8 £86,888 3 5 Totals .. .. .. .. .. ... .. £90,880 3 0 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B. 1 [Fx. I].

PUBLIC ACCOUNTS, 192 5-1926.

for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

29

ACCOUNT. 1924-1925. EXPENDITURE. 1925-1926. Gross - Gross. £ s. d. Expenditure under Section 38 of the Finance Act, 1922,— £ s. d. £ s. d. 232 9 10 Payment of Rates .. .. .. .. .. .. .. .. .. 242 10 11 | £232 9 10 Totals .. .. .. .. .. .. .. £242 10 11 ASSISTANCE TRUST ACCOUNT. £ s. d. Expenditure under Section 6 (a) of the Hunter Gift for the Settlement of Discharged £ s. d. £ s. d. 28 1 5 Soldiers Act, 1921 .. .. .. .. .. .. .. .. 33 3 7 Land Act, 1924, Section 139, — " Thirds " and " Fourths " paid to Local Bodies' Deposit Accounts .. .. .. 93 17 7 Balanco at end of Year, — 2,547 16 7 Cash in the Public Account .. .. .. .. .. .. 334 g n Investment Account .. .. .. .. .. .. .. 2,750 0 0 — 3,084 5 11 2,547 16 7 £2,575 18 0 Totals .. .. .. .. .. .. .. £3,211 7 1 ACCOUNT. | ■ _ ; _ _ . £ s - d. : £ 8. d. £ s. d. 16,743 15 0 Expenditure under Section 4 of the Kauri-gum Industry Amendment Act, 1914 .. .. 14,587 6 1 Recoupments under the Finance Act, 1919, Section 4, — 3,275 0 0 Interest .. .. .. .. .. .. .. .. 133 12 11 Sinking Fund 3,408 12 11 Balance at end of Year, — 2,434 13 10 Cash in the Public Account .. .. .. .. .. .. .. g jg g £22,587 1 9 Totals .. .. .. .. .. .. .. £18,029 4 6 FUND ACCOUNT. £ s. d. £ s. d. i £ s. d. 137 18 0 Expenditure under Section 188 of the Land Transfer Act, 1915 .. .. .. .. 60 0 0 1 11 6 Expenditure under Section 190, Subsection (4), of the Land Transfer Act, 1915 49 8 7 Expenditure under Section 202 of the Land Transfer Act, 1915 .. .. .. .. ' 60 13 3 Expenditure under Section 18 of the Finance Act, 1924 .. .. .. j .. 10,000 0 0 Balanoe at end of Year, — 6,699 5 4 Cash in the Public Acoount.. .. .. .. .. .. .. 2,359 9 9 80,000 0 0 Investment Account .. .. .. .. .. .. ... 78,400 0 0 » 80,759 9 9 86,699 5 4 £86,888 3 5 Totals .. .. .. .. .. .. .. £90,880 3 0 ' JNote. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I]

PUBLIC ACCOUNTS, 1 925-1 926

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

30

1924-1925. RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year, — £ s. d. £ a. d. 42,508 8 8 Gash in the Public Aooount .. .. .. .. .. .. 1,731 13 0 Imprests outstanding— 4,290 15 5 In the Dominion .. .. .. .. .. .. .. 1,671 1 11 100,000 0 0 Investment Account .. .. .. .. .. .. .. 57,500 0 0 • 60,902 14 11 146,799 4 1 Oredits-in-Aid, — 731 19 1 Vote —Land for Settlements Expenses Credits in reduction of Expenditure on Estates, — a? zor i h Acquirement of Estates .. .. .. .. .. .. .. 187 10 3 43,526 1 7 Expenses incidental to Estates .. .. .. .. .. .. 24,628 18 8 24,816 8 11 44,823 3 1 Reoeipts derived from Estates, — 347,232 6 1 Rents, &o. .. .. .. .. .. .. .. 364,009 0 5 54,091 17 1 Sales .. .. .. .. .. .. .. .. •• 83,244 3 11 27,124 4 3 Interest on Sales .. .. .. .. .. .. .. .. 23,634 13 2 470,887 17 6 428,448 7 5 Sales of Land under Section 16 (2) of the Finance Act, 1924, — 100,000 0 0 Part of Selwyn Settlement sold to State Forests Account Land Laws Amendment Act, 1912, Seotion 5, — 13,918 18 5 Interest on Sales of Crown Lands .. .. .. .. .. .. .. 1,446 12 8 Land Act, 1924, Section 20, — 70,328 0 3 Sale of Crown Lands .. .. .. .. .. .. .. .. 76,011 13 10 Receipts on account of Capital Value of Land under the Land Aot, 1908, — 133 3 2 Section 191 54 0 0 Receipts on account of Capital Value of Land under the Land Act, 1924, Seotion 208 .. 1,248 14 0 Reooveriea on account of Expenditure of previous Years (Interest on Value of 31,255 6 8 Workers'Dwellings taken over) I Amount received from the State Advances Office under Section 26 of the Finance 10,715 2 10 Act, 1924 (Value of Workers'Dwellings taken over) .. .. .. .. • .. 3,195 0 0 4,843 12 0 Interest on Seourities held by Investment Aocount .. .. .. .. .. 4,088 4 0 New Zealand Loans Act, 1908, —• New Zealand Consolidated Stock, 1944— New Zealand State-guaranteed Advances Acts, 1909 and 1910 (Land for Settlements Branoh) — 4J-per-oent. Inscribed Stock issued in respect of Amount required to cover 58 4 5 Stamp Duty on Transfers Adjustment of Entry erroneously made in 1924-25, — Charges and Expenses of raising LoansNew Zealand Loans Act, 1908 — New Zealand State-guaranteed Advances Acts, 1909 and 1910 (Land for Settlements Branch) .. .. .. .. .. .. .. .. 56 15 1 £852,109 1 5 Totals .. .. .. .. .. .. .. £642,654 0 11 Note. —In these accounts the credits-in-aid (seotion 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

8.-l | \>t. I],

31

PUBLIC ACCOUNTS, 1925-1926

LAND FOR SETTLEMENTS ACCOUNT.

J924-1925. | 1925-1926. Gross. EXPENDITURE, ; Gross _ £ s. d. Annual Appropriation,— £ s. d. £ s. d. 8,323 6 8 Vote—Land for Settlements Expenses .. .. .. .. .. 3,152 7 3 Expenditure under the Land for Settlements Act, 1908, Section 82, — 153,181 12 6 Acquirement of Estates .. .. .. .. .. .. .. 68,869 14- 4 39,753 18 4 Expenses incidental to Estates .. .. .. .. •• 32,059 6 0 100,929 0 4 192,935 10 10 Expenditure under Section 20 (4) of the Discharged Soldiers Settlement Amendment Act, 1923 (Payment to Discharged Soldiers Settlement Account in respect of 6,910 0 0 Amount added to the Capital Value of Land) .. .. .. .. .. 15,503 18 6 Expenditure under Section 3 (4) of the Land Laws Amendment Act, 1922 (Amount appropriated from Receipts from Sale of Crown Lands in respect of Settlement Lands proclaimed Ordinary Crown Land or National Endowment Land for disposal 14,299 7 6 under the Land Act) Expenditure under Section 83 (3) of the Land Act, 1924 (Payment in respect of Value 780 0 0 of Improvements) Expenditure under Section 20 (3) of the Land Act, 1924 (Payment in respect of Land 1,130 13 0 obtained for Government Works, now deemed to be Settlement Land) .. .. .. 850 0 0 Land Act, 1924, Section 139, — " Thirds " and " Fourths " paid over to Local Bodies' Deposit Accounts .. .. .. 218 0 9 64 4 9 Interest under Section 208 (8) of the Land Act, 1924 .. .. .. •• 186 17 2 96 1 4 Interest under Subsection (8) of Section 191 of the Land Act, 1908 Recoupments under the Finance Act, 1919, Section 4, —■ 372,299 4 6 Interest .. .. .. .. .. .. .. .. .. 355,064 18 11 11,762 9 6 Sinking Fund 355,064 18 11 384,061 14 0 26 8 9 Recoupment of Management Charges of Consolidated Stock .. .. .. .. ,323 3 6 Land for Settlements Act, 1908, Sections 82 and 42 (6), — Recoupment to Ordinary Revenue Account of amount charged thereto for Reduction 411 19 8 of Funded Debt .. .. .. .. .. .. .. .. ■■ 657 4 1 Amortization of Debt, — State Advances Act, 1913— 16,237 0 0 Sinking Fund under Section 26, Subsection 6(6) Transfer to Loans Redemption Account for Redemption of Debentures as under— 40,000 0 0 Land for Settlements Act, 1908 .. .. .. .. .. .. 16,800 0 0 10,800 0 0 Land Laws Amendment Act, 1913 .. ! .. Land for Settlements Act, 1908, and Finance Act, 1915, Section 106 .. .. 5,775 0 0 22,575 0 0 50,800 0 0 Transfer to Loans Redemption Acoount for Redemption and Cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Debentures as under — New Zealand Loans Act, 1908 — 100,000 0 0 Finance Act, 1924, Section 16 Land Laws Amendment Act, 1913, Section 63, and Appropriation Act, 1918, Section 42,— Amount transferred to Land for Settlements Account (Opening up Crown Lands for 15,000 0 0 Settlement Account) .. .. .. .. .. .. .. .. 10,000 0 0 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908— Land for Settlements Act, 1908 (Renewals) .. .. .. .. .. 5 16 0 9 17 6 Land Laws Amendment Act, 1913 (Redemptions) New Zealand State-guaranteed Advances Acts, 1909 and 1910 — 59 10 5 Land for Settlements Branch (Redemptions) 2 17 6 Land for Settlements Branch (Renewals) Stamp Duty on transfers of New Zealand Consolidated Stock, 1944 — New Zealand State-guaranteed Advances Acts, 1909 and 1910 (Land for Settle57 14 7 ments Branch) 5 16 0 130 0 0 Stamp Duty on Transfer of New Zealand Consolidated Stock, 1944— New Zealand State-guaranteed Advances Acts, 1909 and 1910 (Land for Settlements Branch) .. .. .. .. .. .. .. .. .. 19 17 10 Balance at end of Year, —■ 1,731 13 0 Cash in the Public Account ,. . . .. .. .. . . . 679 15 1 Imprests outstanding— 1,671 1 11 In the Dominion.. .. .. .. .. .. .. .. 5,488 1 6 57,500 0 0 Investment Account ... .- • • .. .. .. .. 127,000 0 0 — 133,167 16 7 60,902 14 11 £852,109 1 5 Totals .. .. .. .. .. .. .. £642,654 0 11 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be shown on page 69.

B,—l [PT. I].

32

PUBLIC ACCOUNTS, 1925 -1 926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

LAND FOR SETTLEMENTS ACCOUNT 1924-1925. RECEIPTS. 1925-1926. ] £ s. d. Balanoe at beginning of Year, — £ s. d. £ s. d. 32,282 3 8 Cash in the Public Account .. .. .. .. .. 6,571 0 4 Imprests outstanding— 916 14 0 In the Dominion .. .. .. .. .. .. •• 1,060 11 2 7,631 11 6 33,198 17 8 Credits-in-Aid, — 20 17 7 Vote—Land for Settlement of Discharged Soldiers: Expenses.. .. .. .. 7 16 Credits in reduction of Expenditure on Estates, — 27 16 2 Acquirement of Estates .. .. .. .. .. .. 400 24,322 1 10 Expenses incidental to Estates .. .. .. .. .. .. 4,272 8 8 : 4,276 8 8 : 24,349 18 0 Receipts derived from Estates, — 64,361 4.11 Rents .. .. .. .. .. .. .. .. .. 75,548 2 5 1,298 15 2 Sales .. .. .. .. .. .. .. .. .. 4,305 12 4 270 16 7 Interest on Sales .. .. .. .. .. .. .. .. 547 11 0 -— 80,401 5 9 65,930 16 8 Reoeipts under Section 3 (4) of the Land Laws Amendment Act, 1922 (Transfer from Land for Settlements Account, being Amount appropriated from Reoeipts 14,299 7 6 from Sale of Crown Lands) 256 8 9 Interest on Securities held by Investment Account .. .. .. .. .. 687 10 7 £138,056 6 2 Totals .. .. .. .. .. .. .. £93,003 18 0 LAND FOR SETTLEMENTS ACCOUNT £ s. d. Balanoe at beginning of Year, — £ s. d. £ s. d. 1,776 11 4 Cash in the Public Account .. .. .. .. .. 4,182 12 9 Imprests outstanding— 397 10 1 In the Dominion ! 4,182 12 9 2,174 1 5 Credits-in-Aid, — 25 6 11 Vote—Opening up Land for Settlements .. .. .. .. .. .. 12 17 11 Land Laws Amendment Aot, 1913, Section 63, and Land for Settlements Act, 1925, Section 47, — 19,447 16 8 Receipts .. .. .. .. .. .. .. .. .. .. 17,746 10 6 Land Laws Amendment Act, 1913, Seotion 63, and Appropriation Act, 1918, Seotion 42, — 15,000 0 0 Amount set aside from Land for Settlements Account .. .. .. .. 10,000 0 0 £36,647 5 0 Totals .. .. .. .. .. .. £31,942 1 2 LOANS TO EMPLOYERS FOR £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 90 14 1 Cash in the Public Account £90 14 1 Totals Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

33

B.—l [PT. I].

PUBLIC ACCOUNTS, 1925-1 92 6.

for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

(Discharged Soldiers Settlement Account). 1924-1925. | 1925-1926. Gross. EXPENDITURE. J Gross , £ s. d. Annual Appropriation,— £ s. d. £ . a. d. 6,377 2 10 Vote—Land for Settlement of Discharged Soldiers: Expenses .. .. .. 1,450 8 1 Expenditure under the Land for Settlements Act, 1908, Seotion 82, — 200 0 0 Acquirement of Estates 27,306 3 9 Expenses incidental to Estates .. .. .. .. .. .. 13,871 17 8 — 13,871 17 8 27,506 3 9 Expenditure under Section 20 (4) of the Discharged Soldiers Settlement Amendment Act, 1923, — Payment to Discharged Soldiers Settlement Account in respect of Amount added to Capital Value of Land .. .. .. .. .. .. .. 6,408 9 9 Expenditure under Section 83 of the Land Act, 1924 (Transfer to Discharged 800 0 0 Soldiers Settlement Account in respect of Value of Improvements) .. .. Recoupments under the Einance Act, 1919, Section 4, — 90,000 0 0 Interest 5,741 8 1 Sinking Eund .. 95,741 8 1 Balance at end of Year, — 6,571 0 4 Cash in the Public Account .. .. .. .. .. .. 20,414 14 8 Imprests outstanding— 1,060 11 2 In the Dominion .. .. .. .. .. .. .. 858 7 10 Investment Account .. .. .. .. .. .. .. 50,000 0 0 — 71,273 2 6 7,631 11 6 £138,056 6 2 Totals .. .. .. .. .. .. .. £93,003 18 0 (Opening up Grown Lands for Settlement). £ s. d. Annual Appropriation,— £ s. d. £ s. d. 23,169 5 11 Vote —Opening up Land for Settlements .. ». .. .. .. .. 17,193 10 10 Recoupments under the Finance Act, 1919, Seotion 4, — 8,145 19 4 Interest .. .. .. .. .. .. .. .. .. 8,145 19 4 1,149 7 0 Sinking Fund — 8,145 19 4 9,295 6 4 Balance at end of Year, — 4,182 12 9 Cash in the Public Account .. .. .. .. .. .. .. 6,602 11 0 £36,647 5 0 Totals .. .. ... .. .. .. .. £31,942 1 2 WORKERS' DWELLINGS ACCOUNT. £ a. d. Recoupments under the Finance Act, 1919, Section i, — £ s. d. £ s. d. 90 14 1 Interest £90 14 1 Totals Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will bo found on page 69.

B.—l [PT. I].

34

PUBLIC ACCOUNTS, 1925-1926

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year anded 31st Mabch, 1926, comparad with the Year ended 31st March, 1925—continued.

1924-1925. RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year, — £ s d. £ s d. 21,690 0 0 Cash in the Public Account . .. .. .. 16,962 0 3 25,000 0 0 Investment Acoount .. .. .. .. .. .. .. 50,000 0 0 j 66,962 0 3 46,590 0 0 New Zealand Loans Act, 1908, — Inscribed Stock issued in Conversion of Bonds, as per contra— New Zealand Inscribed Stock Act, 1917— Aid to Public Works and Land Settlement Act, 1907 — 1,000 0 0 5|-per-cent. Inscribed Stock, 1933 Discharged Soldiers Settlement Loans Act, 1920— 41,600 0 0 5£-per-cent. Inscribed Stock, 1933 .. .. .. .. .. 15,300 0 0 Electric-power Works Loan Act, 1919— 5-per-cent. Inscribed Stock, 1930 .. .. .. .. 4,100 0 0 b'inance Act, 1915, Section 105 (Public Works) — 4|-per-cent. Inscribed Stock, 1925 .. .. . . . . . . 9,000 0 0 Inscribed Stock, 1930 .. .. .. .. . . 700 0 0 350 0 0 Inscribed Stock, 1940 .. .. .. .. .. 7,500 0 0 200 0 0 5j-per-cent. Inscribed Stock, 1930 Finance Act, 1916, Section 35 (War Expenses)— 41,300 0 0 4-|-per-cent. Inscribed Stock, 1930 .. .. .. .. .. 72,500 0 0 10,100 0 0 4J-per-cent. Inscribed Stock, 1938 .. .. .. .. 13,450 0 0 500 0 0 | 6-per-cent. Inscribed Stock, 1926 Finance Act, 1918, Section 10 (War Expenses)— 50 0 0 5-per-cent. Insoribed Stock, 1929 .. .. .. .. Inscribed Stock, 1928 .. .. .. .. .. 1,000 0 0 100 0 0 5£-per-cent. Inscribed Stock, 1930 Finance Act, 1918 (No. 2), Part IV (War Expenses)— 65,600 0 0 4£-per-cent. Inscribed Stock, 1939 .. .. ... .. 46,000 0 0 5|-per-cent. Inscribed Stock, 1930 .. .. .. .. .. 100 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — 5J-per-cent. Inscribed Stock, 1936 .. .. .. .. ..I 1,850 0 0 War Purposes Loan Act, 1917— 173,950 0 0 4J-per-cent. Inscribed Stock, 1938 .. .. .. .. .. 146,100 0 0 j 15,000 0 0 ; 5-per-cent. Inscribed Stock, 1927 .. .. .. .. .. 4,500 0 0 5£-per-cent. Inscribed Stock, 1926 .. .. .. .. .. 100 0 0 — — — 322,200 0 0 349,750 0 0 \ Inscribed Stock issued in Replacement of lost Bonds, as per contra — New Zealand Inscribed Stock Act, 1917— Finance Act, 1916, Section 35 (War Expenses)— 100 0 0 4J-per-cent. Inscribed Stock, 1930 War Purposes Loan Act, 1917 — 5-per-cent. Inscribed Stock, 1927 .. .. .. .. . . 100 0 0 4J-per-cent. Inscribed Stock, 1938 .. .. .. .. .. 600 0 0 — 700 0 0 100 0 0 Inscribed Stock issued in Conversion of Death-duty Stock, as per contra— New Zealand Insoribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 — 10,100 0 0 5J-per-cent. Inscribed Stock, 1933 .. .. .. .. 3,000 0 0 Finance Act, 1918, Section 10 (War Expenses)— 3,500 0 0 j Inscribed Stock, 1939 .. .. .. .. .. j 700 0 0 , 5£-per-cent. Inscribed Stock, 1941 .. .. .. .. .. 300 0 0 War Purposes Loan Act, 1917— 7,100 0 0 . 4J-per-cent. Inscribed Stock, 1938 .. .. .. .. ... 10,000 0 0 1,500 0 0 ' 5|-per-cent. Inscribed Stock, 1941 .. .. .. . . .. 400 0 0 ! 1 14,400 0 0 22,200 0 0 — Inscribed Stock issued for Redemption of Death-duty Stock, as per contra — New Zealand Inscribed Stock Act, 1917 — Finance Act, 1918, Section 10 (War Expenses)— 15,000 0 0 4J-per-eent. Inscribed Stock, 1939 .. .. .. .. .. 12,900 0 0 War Purposes Loan Act, 1917 — 94,200 0 0 4£-per-cent. Inscribed Stock, 1938 .. .. .. .. .. 48,140 0 0 61,040 0 0 109,200 0 0 Inscribed Stock issued in Replacement of Death-duty Stock, as per contra— New Zealand Inscribed Stock Act, 1917 — Discharged Soldiers Settlement Loans Act, 1920 — 200 0 0 5J-per-cent. Inscribed Stock, 1933 .. .. .. .. .. 1,600 0 0 Finance Act, 1918, Section 10 (War Expenses)— 700 0 0 4J-per-cent. Inscribed Stock, 1939 .. .. .. .. .. 300 0 0 War Purposes Loan Act, 1917 — 800 0 0 4£-per-cent. Inscribed Stock, 1938 .. .. .. .. .. 2,000 0 0 3,900 0 0 ■1,700 0 0 ! | 529,540 0 0 Carried forward .. . . .. .. .. 469,202 0 3 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I].

35

PUBLIC ACCOUNTS, 1925-1926.

LOANS REDEMPTION ACCOUNT.

6 —B. 1 [PT. I].

1924-1925. rvnr.m.-TMnr 1925-1926. r 1 EXPENDITURE. „ Gross. Gross. £ s. d. Bonds and Debentures converted into Inscribed Stock under Section 3 of the £ s. d. £ s. d. New Zealand Inscribed Stock Act, 1917, — j New Zealand Loans Act, 1908 —- Aid to Public Works and Land Settlement Act, 1907 — 1,000 0 0 ; Due 1st February, 1933 Discharged Soldiers Settlement Loans Act, 1920— 41,600 0 0 Due 15th January, 1933 .. .. .. .. .. .. 15,300 0 0 Electric-power Works Loan Act, 1919 —• i Due 15th July, 1930 .. .. .. .. .. .. 4,100 0 0 Finance Act, 1915, Section 105 (Public Works) — 1 Due 15th December, 1925 .. .. .. .. .. .. 9,000 0 0 200 0 0 , Due 15th December, 1930 . . . . . . . . . . .. 700 0 0 330 0 0 Due 15th December, 1910 .. .. .. .. .. .. 7,500 0 0 Finance Act, 1916, Section 35 (War Expenses)— 500 0 0 j Due 1st August, 1926 41,300 0 0 j Due 1st September, 1930 .. .. .. .. .. .. 72,500 0 0 10,100 0 0 I Due 1st September, 1941 .. .. .. .. .. .. 13,450 0 0 Finance Act, 1918, Section 10 (War Expenses)— Due 1st February, 1928 .. .. .. .. .. .. 1,000 0 0 50 0 0 Dae 1st January, 1929 100 0 0 Due 1st July, 1930 Finance Act, 1918 (No. 2), Part IV (War Expenses)— | Due 1st July, 1930 .. .. .. .. .. .. . . 100 0 0 65,600 0 0 Due 20th April, 1939 .. .. .. .. .. .. 46,000 0 0 State Advances Act, 1913 (Advances to Settlers Branch)— | Due 1st February, 1936 .. .. .. .. .. .. 1,850 0 0 War Purposes Loan Act, 1917 — Due 1st August, 1927 .. .. .. .. .. .. 1 100 0 0 173,950 0 0 Due 15th November, 1938 .. .. .. .. .. .. 146,100 0 0 War Purposes Loan Act, 1917, and Finance Act, 1917, Section 68—• 15,000 0 0 Due 15th November, 1927 .. .. .. .. .. .. 4,500 0 0 322,200 0 0 349,750 0 0 ■ Public Revenues Act, 1910, Section 128, — Bonds lost and replaced by Inscribed Stock— Finance Act, 1916, Section 35 (War Expenses) — 100 0 0 Due 1st September, 1930, at 4J per cent. War Purposes Loan Act, 1917— Due 15th November, 1938, at 4J per cent. .. .. .. .. 600 0 0 War Purposes Loan Act, 1917, and Finance Act, 1917, Section 68— Due 15th November, 1927, at 5 per cent. .. .. .. .. 100 0 0 700 0 0 349,850 0 0 Carried forward .. .. .. .. .. .. 322,900 0 0 Note. —-In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits In reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I.

36

PUBLIC ACCOUNTS, 1925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

1924-1925. RECEIPTS. 1925-1926. £ s. d. £ 3. d. £ s. d. 529,540 0 0 Brought forward .. .. .. • • • • • • 469,202 0 3 New Zealand Loans Act, 1908,— 4£-per-cent. Inscribed Stock, 1930, free of Income-tax, issued in conversion of 4J-per-cent. Securities free of Income-tax — New Zealand Inscribed Stock Act, 1917 — Finance Act, 1916, Section 35 (War Expenses) .. .. .. •• 7,700 0 0 Finance Act, 1918 (No. 2), (Part IV), (War Expenses) .. .. •• 14,200 0 0 War Purposes Loan Act, 1917 .. .. .. .. •• 56,350 0 0 78,250 0 0 5-per-cent. Inscribed Stock, 1941, not free of Income-tax, issued in conversion of 4J-per-cent. Securities free of Income-tax —• New Zealand Insoribed Stock Aot, 1917 — 100 0 0 Aid to Public Works and Land Settlement Act, 1903 2,000 0 0 Finance Act, 1916, Section 35 (War Expenses) .. .. .. .. 2,100 0 0 600 0 0 Finance Act, 1918, Section 10 (War Expenses) .. .. .. .. 11,400 0 0 2,900 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses) 21,200 0 0 War Purposes Loan Act, 1917 .. .. .. .. 20,300 0 0 — 1 ' 33,800 0 0 26,800 0 0 Amounts transferred from Consolidated Fund (Ordinary Revenue Account) to redeem Securities as under, — New Zealand Loans Act, 1908 — 12,200 0 0 Aid to Public Works and Land Settlement Act, 1902 700 0 0 Aid to Public Works and Land Settlement Act, 1903 .. . . . . 37,500 0 0 200 0 0 Aid to Public Works and Land Settlement Act, 1907 .. .. .. 11,050 0 0 Finance Act, 1915, Section 105 (Public Works) .. .. .. .. 287,200 0 0 Finance Act, 1915 (Section 106) and Aid to Public Works and Land Settlement Act, 1903 .. .. .. .. .. .. .. .. 4,050 0 0 475,491 14 0 New Zealand Consols Act, 1908 .. .. .. .. .. .. 500 0 0 New Zealand Inscribed Stock Act, 1917—Aid to Public Works and Land Settlement Act, 1907 .. .. .. 7,500 0 0 Finance Act, 1915, Section 105 (Public Works) .. .. .. .. 10,800 0 0 Finance Act, 1918, Section 10 (War Expenses) .. .. .. .. 410 0 0 War Purposes Loan Act, 1917 .. .. .. . . . . 100 0 0 J 359,110 0 0 488,591 14 0 1,044,931 14 0 Carried forward .. .. .. .. .. .. 940,362 0 3 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

37

B. —1 [PT. I].

PUBLIC ACCOUNTS, 1925-1 926.

LOANS REDEMPTION ACCOUNT—continued.

19^ 1925 - EXPENDITURE. 1925-1926. Gross. Gross. £ s. d. £ s, d. £ s. d. 349,859 0 0 Brought forward .. .. .. .. .. .. 322,900 0 0 Death-duty Stock redeemed, — New Zealand Loans Act, ] 908— New Zealand Inscribed Stock Act, 1917— 5|-per-cent. Inscribed Stock, 1933 (Death Duties)— Discharged Soldiers Settlement Loans Act, 1920—390 9 9 Matured 20th March, 1924 159 9 0 Matured 7th May, 1924 2,999 0 9 Matured 23rd May, 1924 399 9 0 Matured 22nd October, 1924 599 9 9 Matured 1! th December, 1924 509 0 0 Matured 27th December, 1924 100 0 0 Matured 14th February, 1925 100 0 0 Matured 25th February. 1925 159 9 9 Matured 6th March, 1925 Matured 9th April, 1925 .. .. .. .. .. .. 4,500 0 0 Matured 2nd June, 1925 .. .. .. .. .. .. 1,300 0 0 Matured 24th June, 1925 .. .. .. .. .. .. 2,500 0 0 Matured 5th August, 1925 .. .. .. .. .. .. 700 0 0 Matured 8th August, 1925 .. .. .. . . .. .. 400 0 0 Matured 23rd November, 1925 .. .. . .. .. 250 0 0 Matured 24th November, 1925 .. .. .. .. .. 100 0 0 Matured 11th March, 1926 .. .. .. .. .. .. 3,500 0 0 13,250 0 0 4,109 9 0 . 4£-per-eent. Inscribed Stock, 1938 (Death Duties)— War Purposes Loan Act, 1917— 3,909 0 0 Matured 4th April, 1924 19,090 0 0 Matured 14th April, 1924 .. 10,099 9 9 Matured 23rd May, 1924 4,099 9 0 Matured 6th June, 1924 1,900 0 0 Matured 14th July, 1924 1,090 0 9 Matured 31st July, 1924 ■i,000 0 0 Matured 28th August, 1924.. 1,590 0 0 Matured 29th September, 1924 44,509 9 0 Matured 16th October, 1924 1,009 9 0 Matured 22nd October, 1924 8,009 9 0 Matured 31st October, 1924 .. .. .. .. .. .. 790 9 0 Matured 1st November, 1924 3,000 9 9 Matured 17th November, 1924 1,009 0 0 Matured 11th December, 1924 1,000 0 0 Matured 27th December, 1924 Matured 8th April, 1925 .. .. .. .. .. .. 10,000 0 0 Matured 2nd June, 1925 .. .. .. .. .. .. 500 0 0 Matured 15th June, 1925 .. .. .. .. .. .. 640 0 0 Manured 24th June, 1925 .. .. .. .. .. .. 16,000 0 0 Matured 30th June, 1925 .. .. .. .. .. .. 300 0 0 Matured 9th September, 1925 .. .. .. .. .. 500 0 0 Matured 7th October, 1925 .. .. .. .. .. 200 0 0 Matured 16th October, 1925 .. .. .. .. .. 1,000 0 0 Matured 13th January, 1926 .. .. .. .. .. 2,000 0 0 Matured 5th March, 1926 .. .. .. .. .. .. 10,000 0 0 Matured 11th March, 1926 .. .. .. .. .. .. 7,000 0 0 Matured 31st March, 1926 .. .. .. .. .. .. 100 0 0 j 48,240 0 0 93,709 9 9 5J-Tier-cent. Inscribed Stock, 1941 (Death Duties) — War Purposes Loan Act,1917 — 500 0 0 Matured 16th June, 1924 .. .. .. .. .. ..... 448,150 0 0 Carried forward .. .. .. .. .. .. 384,390 0 0 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a su umary showing the net expenditure will be found on page 69

38

B.—l HPT. I

PUBLIC ACCOUNTS, 1 925-1 92 6.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

1924-1925. RECEIPTS. 1925-1926. " £ s. d. £ s. d. £ s. d. 1,044,931 14 0 Brought forward .. .. .. .. .. .. 940,362 0 3 Amounts transferred from appropriate Accounts for Redemption of Debentures and Inscribed Stock matured,— For Redemption of Debentures— From Native Land Settlement Account .. .. .. .. .. 2,400 0 0 50,800 0 0 From Land for Settlements Account .. .. .. .. .. 22,575 0 0 For Redemption of Inscribed Stock — 4,100 0 0 From Discharged Soldiers Settlement Account .. .. .. .. 13,250 0 0 38,225 0 0 54,900 0 0 Amounts transferred from other Accounts for Redemption and Cancellation of Securities in terms of Section 24 of the Finance Act, 1921-22, — 56-3,3-38 12 10 From Consolidated Fund (Ordinary Revenue Account) .. .. .. 207,050 11 8 From Consolidated Fund (Nauru and Ocean Islands Account) .. .. 40,000 0 0 From Consolidated Fund (Nauru and Ocean Islands Sinking Fund Account) .. 20,150 0 0 From Cheviot Estate Account .. .. .. .. .. .. 35,613 9 0 From Conversion Account .. .. .. .. .. .. 6,073 15 2 7,295 17 6 From War Expenses Account .. .. .. .. .. .. 16 18 10 From Westport Harbour Account .. .. .. .. .. .. 23,707 1 8 100,000 0 0 From Land for Settlements Account 332,611 16 4 670,634 10 4 Amounts received from the State Advances Office for Redemption and Cancellation of Securities in terms of Section 24 of the Finance Act, 1921-22, as under, — 0 11 1 Fishing Industry Promotion Act, 1919 5 13 10 Fruit-preserving Industry Act, .1913, and Finance Act, 1917, Section 80 1 17 5 Housing Act, 1919, Section 30 State Advances Act, 1913 — 300,000 0 0 Advances to Settlers Branch .. .. .. .. .. .. 100,000 0 0 — 100,000 0 0 300,008 2 4 Sinking Funds held by State Advances Office set free to redeem Debentures as under, — Government Advanoes to Settlers Act, 1894, and Extension Act, 1901 .. .. .. 80,000 0 0 Sinking Funds held by the Public Trustee set free to redeem Securities as under, — 12,528 0 ,0 Finance Act, 1916, Section 35 (War Expenses) 17,940 0 0 Finance Act, 1918, Section i0 (War Expenses) 2,888 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses) 180,000 0 0 Naval Defence Act, 1909 44,112 15 0 War Purposes Loan Act, 1917 New Zealand Inscribed Stock Act, 1917—• 53,152 5 6 Finance Act, 1916, Section 35 (War Expenses) 31,654 5 0 Finance Act, 1918, Section 10 (War Expenses) 970 0 0 Finance Act, 1918, No. 2, Part IV (War Expenses) 351,381 14 6 War Purposes Loan Act, 1917 .. 694,627 0 0 Sinking Funds held by Commissioners of Public Debt Sinking Funds set free to redeem Securities as under, — 150,000 0 0 Westport Harbour Act, 1920, and Westport Harbour Board Act, 1884.. Westport Harbour Act, 1920, and Appropriation Act, 1919, Section 32.. .. .. 6,787 18 4 Amounts transferred from Discharged! Soldiers Settlement Loans Act, 1920, Depreciation Fund Account for Redemption of Securities in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920— Discharged Soldiers Settlement Loans Act, 1920 .. .. .. .. 7,263 5 0 New Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 .. .. .. .. 31,107 12 6 38,370 17 6 S 200,000 0 0 Treasury Bills issued for Redemption of Debentures before Maturity,— New Zealand Loans Act, 1908— Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement), (to mature 29th April, 1926) .. .. .. .. .. .. 500,000 0 0 War Purposes Loans Act, 1917 (to mature 1st March, 1926) .. .. 400,000 0 0 900,000 0 0 3,115,101 6 8 Carried forward .. .. .. .. .. .. .. 2,436,357 12 5 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I].

39

PUBLIC ACCOUNTS, 1925-1926

LOANS REDEMPTION ACCOUNT—continued.

1924-1925. 1925-1926. Gross. EXPENDITURE. » 26 - £ s. d. £ s. d. £ s. d. 448,150 0 0 Brought forward .. .. .. .. .. .. 384,390 0 0 Death-duty Stock redeemed —continued. New Zealand Loans Act, 1908 —continued. New Zealand Inscribed Stock Act, 1917—continued. Finance Act, 1918, Section 10 (War Expenses) — 4|-per-cent. Inscribed Stock, 1939 (Death Duties) — 2,000 0 0 Matured 4th April, 1924 .. 300 0 0 Matured 12th July, 1924 5,000 0 0 Matured 14th July, 1924 2,000 0 0 Matured 28th August, 1924 2,500 0 0 Matured 17th November, 1924 500 0 0 Matured 11th December, 1924 500 0 0 Matured 27th December, 1924 2,000 0 0 Matured 12th February, 1925 Matured 2nd June, 1925 .. .. .. .. .. .. 1,000 0 0 Matured 24th June, 1925 .. .. .. .. .. 4,000 0 0 Matured 5th August, 1925 .. .. .. .. .. 1,000 0 0 Matured 8th August, 1925 .. .. .. .. .. 200 0 0 Matured 13th October, 1925 .. .. .. .. .. 700 0 0 Matured 26th February, 1926 .. .. .. .. .. 410 0 0 Matured 11th March, 1926 .. .. .. .. .. 6,000 0 0 13,310 0 0 15,000 0 0 Inscribed Stock (Death Duties) converted into Inscribed Stock, — Discharged Soldiers Settlement Loans Act, 1920 (5£ per cent., 1933) — New Zealand Inscribed Stock Act, 1917, Section 3, and Discharged Soldiers 10,100 0 0 Settlement Loans Act, 1920, Section 5, Subsection (5) .. .. .. 3,000 0 0 War Purposes Loan Act, 1917 (4J per cent., 1938) — New Zealand Inscribed Stock Act, 1917, Section 3, and Finance Act, 1917, 7,100 0 0 Section 76, Subsection (3) .. .. .. .. .. .. 10,000 0 0 War Purposes Loan Act, 1917 (5£ per cent., 1941)— New Zealand Inscribed Stock Act-, 1917, Section 3, and Finance Act, 1917, 1,500 0 0 Section 76, Subsection (3) .. .. .. .. .. .. 400 0 0 Finance Act, 1918, Section 10 (War Expenses), (4J per cent., 1939) — New Zealand Inscribed Stock Act, 1917, Section 3, and Finance Act, 1918, 3,500 0 0 Section 15, Subsection (5) .. .. .. .. .. .. 700 0 0 Finance Act, 1918 (Section 10), (War Expenses), (5J per cent., 1941) — New Zealand Inscribed Stock Act, 1917, Section 3, and Finance Act, 1918, Section 15, Subsection (5) .. .. .. .. .. .. 300 0 0 14,400 0 0 22,200 0 0 — — Inscribed Stock (Death Duties) replaced by Inscribed Stock, — New Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 (5J per cent., 1933) — 200 0 0 Discharged Soldiers Settlement Loans Act, 1920, Section 5, Subsection (6) .. 1,600 0 0 Finance Act, 1918, Section 10 (War Expenses), (4£ per cent., 1939) — 700 0 0 Finance Act, 1918, Section 15, Subsection (6) .. .. .. 300 0 0 War Purposes Loan Act, 1917 (4J per cent., 1938) —- 800 0 0 Finance Act, 1917, Section 76, Subsection (4) .. .. .. .. 2,000 0 0 3,900 0 0 1,700 0 0 Securities; free of Income-tax converted into 4|-per-cent. Inscribed Stock free of Income-tax, — New Zealand Loans Act, 1908 — Finance Act, 1916, Section 35 (War Expenses) .. .. .. .. 400 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses) .. .. .. 4,000 0 0 War Purposes Loan Act, 1917 .. .. .. .. . . . . 24,400 0 0 New Zealand Inscribed Stock Act, 1917— Finance Act, 1918 (No. 2), Part IV (War Expenses) .. .. .. 10,200 0 0 Finance Act, 1916, Section 35 (War Expenses) .. .. .. .. 7,300 0 0 War Purposes Loan Act, 1917 .. .. .. .. .. 31,950 0 0 78,250 0 0 4£-per-cent. Securities, free of Income-tax, converted into 5-per-eent. Inscribed Stock, 1941, not free of Income-tax, —- New Zealand Loans Act, 1908 — Finance Act, 1915, Section 106 — 100 0 0 Aid to Public Works and Land Settlement Act, 1903 (due 1st January, 1926) 1,900 0 0 Finance Act, 1916, Section 35 (War Expenses), (due 1st September, 1930) .. 1,000 0 0 2,900 0 0 Finance Act, 191S (No. 2), Part IV (War Expenses), (due 20th April, 1939) 6,100 0 0 j War Purposes Loan Act, 1917 (due 15th November, 1938) .. .. .. 4,300 0 0 New Zealand Inscribed Stock Act, 1917-— Finance Act, 1916, Section 35 (War Expenses), (due 1st September, 1930) .. 1,000 0 0 100 0 0 Finance Act, 1916, Section 35 (War Expenses), (due 15th November, 1938).. 100 0 0 600 0 0 Finance Act, 1918, Section 10 (War Expenses), (due 20th April, 1939) .. 11,400 0 0 15,100 0 0 War Purposes Loan Act, 1917 (due 15th November, 1938) .. .. 16,000 0 0 ; ' 33,800 0 0 26,800 0 0 513,8-50 0 0 Carried forward .. .. .. .. .. .. 528,050 0 0 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I]

40

PUBLIC ACCOUNTS, 1 9 25-1 92 6.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

1924-1925. RECEIPTS. 1925-1926. £ s. d. £ a. d. £ s. d. 3,115,101 6 8 Brought forward .. .. .. .. .. .. 2,436,357 12 5 8,400,000 0 0 Treasury Bills issued for Redemption of Treasury Bills at Maturity,— New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1903 — To mature 20th July, 1925 .. .. .. .. .. .. 100,000 0 0 Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement) —- To mature 30th September, 1925 .. .. .. .. 700,000 0 0 To mature 30th December, 1925 .. .. .. .. .. 700,000 0 0 To mature 30th March, 1926 .. .. .. .. .. .. 500,000 0 0 To mature 30th June, 1926 .. .. .. .. .. .. I 500,000 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses)— To mature 30th July, 1925 .. .. .. .. .. .. 20,200 0 0 Finance Act, 1920, Section 15 (Public Works) — To mature 30th July, 1925 .. .. .. .. .. .. 400,000 0 0 To mature 30th October, 1925 .. .. .. .. .. 400,000 0 0 To mature 29th January, 1926 .. .. .. .. .. 400,000 0 0 To mature 29th April, 1926 .. .. .. .. .. .. 400,000 0 0 Finance Act, 1921, Section 10 (Public Works) — To mature 29th July, 1925 .. .. .. .. .. .. 100,000 0 0 Native Land Amendment Act, 1913 — To mature 30th July, 1925 .. .. .. .. .. .. 75,000 0 0 War Purposes Loan Act, 1917— To mature 30th July, 1925 .. .. .. .. .. .. 404,800 0 0 4,700,000 0 0 Transfer from Consolidated Fund (Ordinary Revenue Account) for reduction of Funded Debt in terms of Section 8 of the Finance Act, 1922, under Memorandum of Agreement with the Imperial Government dated 6th September, 307,718 4 5 1922 .. .. .. .. . .. .. .. .. .. 333,288 15 4 227,480 0 0 Inscribed Stock issued for Redemption of Securities before Maturity,— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — Aid to Public Works and Land Settlement Act, 1914 (to mature 1st July, 1930), at 5} per cent. .. .. .. .. .. .. 60,000 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4 (to mature 1st September, 1932), at 5£ per cent. .. .. .. .. 10,000 0 0 Education Purposes Loan Act, 1919 (to mature 1st July, 1930), at per cent. .. .. .. .. .. .. .. .. 100,000 0 0 — 170,000 0 0 328,430 0 0 Inscribed Stock issued for Redemption of Debentures at Maturity,— New Zealand Loans Act, 1908— New Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 (to mature 1st July, 1930), at 5J per cent. .. .. .. .. .. .. .. 116,710 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses), (to mature 1st July, 1930) at 5£ per cent. .. .. .. .. .. .. 100,180 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses), (to mature 1st September, 1932), at 5£ per cent. .. .. .. .. .. .. 50,000 0 0 266,890 0 0 5-per-cent. Inscribed Stock issued in respect of Amount required to cover Stamp Duty on Transfers, — New Zealand Consolidated Stock, 1935/1945 — 233 19 3 War Purposes Loan Act, 1917 13 15 6 Aid to Public Works and Land Settlement Act, 1902 247 14 9 12,378,977 5 10 Carried forward .. .. .. .. .. .. 7,906,536 7 9 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1925 - 1926.

LOANS REDEMPTION ACCOUNT—continued.

41

1924-1925. EXPENDITURE. 1925-1926. Gross. Gross. £ s. d. £ s. d. £ s. d. 513,850 0 0 Brought forward .. .. .. .. .. .. 528,050 0 0 773,227 16 6 i Securities redeemed and cancelled in terms of Section 24 of the Finance Act, 1921-22,— Inscribed Stock under — New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1929 (Nominal value, £6,476 2s. 9d.) .. 6,205 15 0 New Zealand Consolidated Stock, 1940 (Nominal value, £92,400) .. .. 78,327 9 0 New Zealand Inscribed Stock Act, 1917— Aid to Public Works and Land Settlement Act, 1914— 5J-per-cent. Inscribed Stock, 1930.. .. .. .. .. 60,000 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4 — 5J-per-cent. Inscribed Stock, 1927.. .. .. .. .. 10,000 0 0 Education Purposes Loan Act, 1919— 5J-per-cent. Inscribed Stock, 1927.. .. .. .. .. 100,000 0 0 Finance Act, 1916, Section 35 (War Expenses)— If 5J-per-cent. Inscribed Stock, 1941 (Nominal value, £3 3s. 3d.) .. 3 0 9 Finance Act, 1918, Section 10 (War Expenses)— p 4f-per-cent. Inscribed Stock, 19.39 (Nominal value, £189,577 17s. 7d.).- 189,577 1 6 Finance Act, 1919, Section 5 (Public Works) — 5-per-cent. Inscribed Stock, 1930 .. .. .. .. .. 350,000 0 0 War Purposes Loan Act, 1917— 4f-per-cent. Inscribed Stock, 1938 (Nominal value, £280,120).. .. 273,842 19 0 5|-per-cent. Inscribed Stock, 1941 (Nominal value, £32 16s. lOd.) .. 31 10 7 5-per-cent. Inscribed Stock, 1927 .. .. .. .. .. 300 0 0 ; 1,068,287 15 10 2,541,640 10 8 Debentures under —• New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1896 (due 1st August, 1926) 175,000 0 0 Aid to Public Works and Land Settlement Act, 1900 (due 1st May, 1926) .. 90,300 0 0 Aid to Public Works and Land Settlement Act, 1901 (due 1st January, 1926) 32,900 0 0 Aid to Public Works and Land Settlement Act, 1901 (due 1st December, 1928) 71,600 0 0 Aid to Public Works and Land Settlement Act, 1902 (due 1st December, 1927) 128,000 0 0) Aid to Public Works and Land Settlement Act, 1903 (due 1st January, 1926) 181,825 0 0 Aid to Public Works and Land Settlement Act, 1903 (due 1st February, 1926) 25,100 0 0 Aid to Public Works and Land Settlement Act, 1905 (due 1st January, 1926) 75,000 0 0 Aid to Public Works and Land Settlement Act, 1906 (due 1st January, 1926) 5,000 0 0 Aid to Public Works and Land Settlement Act, 1906 (due 1st January, 1929) 600,000 0 0 Aid to Public Works and Land Settlement Act, 1907 (due 1st January, 1929) 200,000 0 0 Aid to Public Works and Land Settlement Act, 1908 (due 1st April, 1926) .. 50,000 0 0 Aid to Public Works and Land Settlement Act, 1914 (due 1st November, 1925) 220,000 0 0 Aid to Public Works and Land Settlement Act, 1914 (due 1st May, 1926) .. 500,000 0 0 Aid to Public Works and Land Settlement Act, 1914 (due 1st November, 1927) 45,100 0 0 Aid to Public Works and Land Settlement Act, 1914 (due 31st December, 1925) 59,900 0 0 Aid to Public Works and Land Settlement Act, 1921 (due 1st December, 1927) 100,000 0 0 Aid to Public Works and Land Settlement Act, 1921 (due 1st December, 1929) 725,500 0 0 Consolidated Stock Act, 1884 (due 1st January, 1926) .. .. .. 165,000 0 0 Consolidated Stock Act, 1884 (due 1st February, 1929) .. .. .. 8,000 0 0 Defence and other Purposes Loans Act, 1870 (due 1st July, 1929) .. .. 8,100 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4 (Land for Settlements), (due 1st September, 1927) .. .. .. .. .. 9,700 0 0 Education Purposes Loans Act, 1919 (due 1st January, 1926) .. .. 390,000 0 0 Education Purposes Loans Act, 1919 (due 1st January, 1929) .. .. 170,000 0 0 Finance Act, 1915, Section 105 (Public Works), (due 15th December, 1930).. 500 0 0 Finance Act, 1915, Section 105 (Public Works), (due 15th December, 1925).. 600,055 0 0 Finance Act, 1916, Section 35 (War Expenses), (due 1st September, 1930) .. 1,600 0 0 Finance Act, 1916, Section 49 (Public Works), (due 1st August, 1928) .. 950,000 0 0 Finance Act, 1916, Section 50, and Finance Act, 1920, Section 16 (State Forests), (due 1st August, 1928) .. .. .. .. .. 27,000 0 0 Finance Act, 1917, Section 77 (Public Works), (due 1st August, 1930) .. 350,000 0 0 Finance Act, 1918, Section 10 (War Expenses), (due 1st June, 1928) .. 1,800,000 0 0 Finance Act, 1918 (No. 2), Section 30 (Cold Storage), (due 1st March, 1928) .. 50,000 0 0 Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement), (due 1st March, 1930) .. .. .. .. .. .. .. 520,000 0 0 Finance Act, 1918 (No. 2), Section 32 (State Forests), (due 1st August, 1928) 11,000 0 0 Finance Act, 1920, Section 15 (Public Works), (due 1st December, 1925) .. 1,462,240 0 0 Finance Act, 1920, Section 15 (Public Works), (due 1st December, 1930) .. 12,160 0 0 Finance Act, 1920, Section 15 (Nauru and Ocean Islands), due 1st December, 1930) .. .. .. .. .. .. .. .. 60,150 0 0 Finance Act, 1921, Section 10 (Public Works), (due 1st December, 1926) .. 87,000 0 0 Fishing Industry Promotion Act, 1919 (due 1st December, 1925) .. .. 520 0 0 Fruit-preserving Industry Act, 1913, and Finance Act, 1917, Section 80 (due 1st April, 1926) .. .. .. .. .. .. .. 6,500 0 0 Fruit-preserving Industry Act, 1913, and Finance Act, 1917, Section 80 (due 1st April, 1929) .. .. .. .. .. .. .. 21,800 0 0 General Purposes Loans Act, 1873 (due 15th October, 1928) .. .. 5,200 0 0 3,828,718 7 2 Carried forward .. .. .. .. .. 10,001,750 0 0 | 1,596,337 15 10 Note. — In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 925-1 92 6.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

42

1924-1925. RECEIPTS. 1925-1926. £ s. d. £ s. d. £ s. d. 12,378,977 5 10 Brought forward .. .. .. .. .. .. 7,906,536 7 9 1,292,080 0 0 Debentures issued for Redemption of Debentures before Maturity,— New Zealand Loans Act, 1908— Aid to Public Works and Land Settlement Act, 1896 (to mature 1st August, 1931) .. .. .. .. .. .. .. .. 175,000 0 0 Aid to Public Works and Land Settlement Act, 1900 (to mature 1st May, 1930) 90,300 0 0 Aid to Public Works and Land Settlement Act, 1901 (to mature 1st December, 1928) .. .. .. .. .. .. .. .. 104,500 0 0; Aid to Public Works and Land Settlement Act, 1902 (to mature 1st December, 1930) .. .. .. .. .. .. .. .. 128,000 0 0 Aid to Public .Works and Land Settlement Act, 1903 (to mature 1st January, 1929) .. .. .. .. .. .. .. .. 206,925 0 0 Aid to Public Works and Land Settlement Act, 1905 (to mature 1st January, 1931) .. .. .. .. .. .. .. .. 75,000 0 0 Aid to Public Works and Land Settlement Act, 1906 (to mature 1st January, 1929) .. .. .. .. .. .. .. ,605,000 0 0 Aid to Public Works and Land Settlement Act, 1907 (to mature 1st July, 1927) 200,000 0 0 Aid to Public Works and Land Settlement Act, 1908 (to mature 1st April, 1930) 50,000 0 0 Aid to Public Works and Land Settlement Act, 1914 (to mature 1st November, 1930) .. .. .. .. .. .. .. .. 825,000 0 0 Aid to Public Works and Land Settlement Act, 1921 (to mature 1st December, 1929) .. .. .. .. .. .. .. .. 825,500 0 0 Consolidated Stock Act, 1884 (to mature 1st February, 1929) .. .. 173,000 0 0 Defence and other Purposes Loan Act, 1870 (to mature 1st February, 1930) .. 8,100 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4 (Land for Settlements), (to mature 1st September, 1927) .. .. .. .. 9,700 0 0 Education Purposes Loan Act, 1919 (to mature 1st January, 1929) . . .. 560,000 0 0 Finance Art, 1915, Section 105 (Public Works), (to mature 15th December, 1930) 600,555 0 0 Finance Act, 1916, Section 35 (War Expenses), (to mature 1st September, 1930) 1,600 0 0 Finance Aet, 1916, Section 49 (Public Works), (to mature 1st August, 1928) .. 950,000 0 0 Finance A'rt, 1916, Section 50, and Finance Act, 1920, Section 16 (State Forests), (to mature 1st August, 1930) .. .. .. .. .. .. 27,000 0 0 Finance Act, 1917, Section 77 (Public Works), (to mature 1st August, 1930) .. 350,000 0 0 Finance Act, 1918, Section 10 (War Expenses), (to mature 20th April, 1930) .. 1,800,000 0 0 Finance Act, 1918 (No. 2), Section 30 (Cold Storage), (to mature 1st March, 1929) 50,000 0 0 Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement), (to .. mature 1st March, 1930) .. .. .. .. .. .. 20,000 0 0 Finance Aet, 1918 (No. 2), Section 32 (State Forests), (to mature 1st August, 1928) 11,000 0 0 Finance Act, 1920, Section 15 (Public Works), (to mature 1st December, 1930) 1,462,240 0 0 Finance Act, 1921, Section 10 (Public Works), (to mature 1st September, 1931) 87,000 0 0 Fishing Industry Promotion Act, 1919 (to mature 1st December, 1928) .. 520 0 0 Fruit-preserving Industry Act, 1913, and Finance Act, 1917, Section 80 (to mature 1st April, 1930) .. .. .. .. .. .. 28,300 0 0 General Purposes Loan Act, 1873 (to mature 28th November, 1929) .. 5,200 0 0 Government Railways Act, 1908, and Finance Aet, 1909 (to mature 1st January, 1929) .. .. .. .. .. .. .. '. 5,500 0 0 Government Railways Act, 1908, and Railways Improvement Authorization Acts, 1904-7 (to mature 1st January, 1929) .. .. .. .. 32,300 0 0 Government Railways Amendment Act, 1910 (to mature 1st January, 1929) .. 86,700 0 0 Housing Aet, 1919 (Section 30, (to mature 1st July, 1930) .. .. .. 50,000 0 0 Hutt Railway and Road Improvement Acts, 1903, 1905, 1907, 1910 (to mature 1st May, 1930) .. .. .. .. .. .. .. 142,590 0 0 Irrigation and Water-supply Act, 1913 (to mature 1st November, 1929) .. 54,900 0 0 Kauri-gum Industry Amendment Aet, 1914 (to mature 1st May, 1930) .. 2,350 0 0 Lands Improvement and Native Land Acquisition Act, 1894 (to mature 1st February, 1930) .. .. .. .. .. .. .. 341,000 0 0 Land for Settlements Act, 1908 (to mature 1st January, 1929) .. 82,000 0 0 Local Bodies'Loans Aet, 1908 (to mature 1st February, 1930) .. 1,621,000 0 0 Maori Land Settlement Act, 1905 (to mature 1st February, 1930) .. .. 179,175 0 0 Maori Land Settlement Act, 1905, and Amendment Act, 1907 (to mature 1st February, 1930) .. .. .. .. .. .. .. 50,000 0 0 Native Land Amendment Act, 1913 (to mature 1st April, 1929) .. .. 40,000 0 0 Native Land Purchases Aet, 1892 (to mature 31st October, 1927) .. .. 125,000 0 0 Public Revenues Amendment Act, 1915, Section 5 (to mature 1st February, 1929) .. .. .. .. .. .. .. 2,093,750 0 0 Railways Improvement Authorization Aet, 1914 (to mature 1st February, 1930) 448,000 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1920, Section 16 (to mature 1st December, 1930) .. .. .. .. 15,000 0 0 State Advances Act, 1913 (Advances to Settlers Branch), (to mature 1st June, 1929) .. .. .. .. .. •• 100,000 0 0 Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Aet, 1919 Section 6 (to mature 1st August, 1930) .. .. .. .. .. 10,000 0 0 Wellington-Manawatu Railway Purchase Act, 1908 (to mature 1st March, 1930) 500,000 0 0 15,408,705 0 0 13,671,057 5 10 Carried forward .. .. .. .. .. . . 23,315,241 7 9 Note. — In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purpose of comparison a summary showing the net expenditure will be found on page 69

B.—l [PT. I].

43

PUBLIC ACCOUNTS, 1925- 1 926.

LOANS REDEMPTION ACCOUNT —continued.

7 —B. 1 [PT. I].

193 r f" 1925 - EXPENDITURE. 1926 - Gross. Gross. £ s. d. £ s. d. £ b. d. 3,828,718 7 2 Brought forward .. .. .. .. .. 10,001,750 0 0 1,596,337 15 10 Securities redeemed and cancelled in terms of Section 24 of the Finance Act, 1921-22 —continued. Debentures under—continued. New Zealand Loans Act, 1908 —continued. Government Advances to Settlers Act, 1894, and Bxtension Act, 1901 (due 1st January, 1929) .. .. .. .. .. .. 80,000 0 0 Government Railways Act, 1908, and Finance Act, 1909 (due 1st February, 1929) .. .. .. .. .. .. .. .. 5,500 0 0 Government Railways Act, 1908, and Railways Improvement Authorization Acts, 1904-7 (due 1st January, 1929) .. .. .. .. 31,300 0 0 Government Railways Act, 1908, and Railways Improvement Authorization Acts, 1904-7 (due 30th June, 1929) .. .. .. .. .. 1,000 0 0 Government Railways Amendment Act, 1910 (due 1st January, 1929) .. 36,350 0 0 Government Railways Amendment Act, 1910 (due 1st February, 1929) .. 50,350 0 0 Housing Act, 1919, Section 30 (due 1st July, 1926) .. .. .. 50,000 0 0 Hutt Railway and Road Improvement Acts, 1903, 1905, 1907, 1910 (due 1st May, 1929) .. .. .. .. .. .. .. 100,000 0 0 Hutt Railway and Road Improvement Acts, 1903, 1905, 1907, 1910 (due 1st February, 1929) .. .. .. .. .. .. .. 42,590 0 0 Irrigation and Water-supply Act, 1913 (due 1st October, 1925) .. .. 24,900 0 0 Irrigation and Water-supply Act, 1913 (due 1st October, 1929) .. .. 30,000 0 0 Kauri-gum Industry Amendment Act, 1914 (due 1st May, 1930) .. .. 2,350 0 0 Lands Improvement and Native Lands Acquisition Act, 1894 (due 30th September, 1925) .. .. .. .. .. .. .. 341,000 0 0 Land for Settlements Act, 1908 (due 1st January, 1929) .. .. .. 82,000 0 0 Local Bodies'Loans Act, 1908 (due 1st January, 1926) .. .. .. 785,000 0 0 Local Bodies'Loans Act, 1908 (due 1st March, 1926) .. .. .. 370,000 0 0 Local Bodies'Loans Act, 1908 (due 1st March, 1928) .. .. .. 466,000 0 0 Maori Land Settlement Act, 1905 (due 1st January, 1926) .. .. 145,000 0 0 Maori Land Settlement Act, 1905 (due 1st January, 1929) .. .. 34,175 0 0 Maori Land Settlement Act, 1905, and Amendment Act, 1907 (due 1st January, 1926) .. .. .. .. .. .. .. 50,000 0 0 Mining Amendment Act, 1913, and Amendment Act, 1919 (due 1st May, 1928) 150 0 0 Native Land Amendment Act, 1913 (due 1st April, 1929) .. .. 25,000 0 0 Native Land Amendment Act, 1913 (due 1st April, 1930).. .. .. 15,000 0 0 Native Land Purchases Act, 1892 (due 31st October, 1927) ' .. .. 125,000 0 0 New Zealand State-guaranteed Advances Acts, 1909-10 (Land for Settlements Branch), (due 1st January, 1929) .. .. .. .. 200 0 0 Public Revenues Amendment Act, 1915, Section 5 (due 1st May, 1926) .. 390,000 0 0 Public Revenues Amendment Act, 1915, Section 5 (due 1st February, 1926) 1,700,000 0 0 Public Revenues Amendment Act, 1915, Section 5 (due 1st February, 1929) 3,750 0 0 Railways Improvement Authorization Act, 1914 (due 1st February, 1926) .. 295,000 0 0 Railways Improvement Authorization Act, 1914 (due 1st August, 1928) .. 83,000 0 0 Railways Improvement Authorization Act, 1914 (due 1st February, 1929) .. 70,000 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1920, Section 16 (due 1st December, 1926) .. .. .. .. 15,000 0 0 State Advances Act, 1913 (Advances to Settlers Branch), (due 1st June, 1929) 200,000 0 0 Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1919, Section 6 (due 1st February, 1926) .. .. .. .. 10,000 0 0 War Purposes Loan Act, 1917 (due 1st February, 1928) .. .. .. 400,000 0 0 Wellington and Manawatu Railway Purchase Act, 1908 (due 1st March, 1926) 500,000 0 0 Westport Harbour Act, 1920, and Appropriation Act, 1919, Section 32 (due 1st February, 1930) .. .. .. .. .. .. 30,495 0 0 16,591,860 0 0 Securities redeemed and cancelled before maturity in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920, — Debentures under— New Zealand Loans Act, 1908—■ Discharged Soldiers Settlement Loans Act, 1920— 5|-per-cent. Debentures, 1933 (nominal value, £7,300) .. .. .. 7,263 5 0 Inscribed Stock under— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917—Discharged Soldiers Settlement Loans Act, 1920 — 5J-per-cent. Inscribed Stock, 1930 (nominal value, £9,000) .. .. 8,820 0 0 5i-ner-cent. Inscribed Stock, 1933 (nominal value, £22,400) .. .. 22,287 12 6 ¥ r 38,370 17 6 3,828,718 7 2 Carried forward .. .. .. . r .. .. i •• 18,226,568 13 4 . i Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure willjbe found on page^69.

B.—l [PT. I].

44

PUBLIC ACCOUNTS, 1925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

— j . I 1924-1925. RECEIPTS, 1925-1926. £ s. d. £ s. d. £ s. d. 13,671,057 5 10 Brought forward .. .. .. .. .. .. 23,315,241 7 9 Debentures issued for Redemption of Inscribed Stock before Maturity,— ■New Zealand Loans Act, 1908— Finance Act, 1918, Section 10 (War Expenses), (to mature 20th April, 1930) .. 189,560 0 0 Finance Act, 1919, Section 5, (Public Works), (to mature 1st February, 1930).. 350,000 0 0 War Purposes Loan Act, 1917 (to mature 1st February, 1929) .. •• 120,300 0 0 659,860 0 0 733,810 0 0 Debentures issued for Redemption of Debentures at Maturity,— New Zealand Loans Act, 1908 — Discharged Soldiers Settlement Loans Act, 1920 — To mature 1 lt-h June, 1930 .. .. .. .. •• 650 0 0 To mature 27th June, 1930 .. .. .. .. — .. 3,300 0 0 To mature 1st July, 1930 .. .. .. .. .. .. 22,450 0 0 To mature 8th July, 1930 .. .. .. .. .. •. 1,420 0 0 To mature 17th July, 1930 .. .. .. .. .. 9,250 0 0 To mature 18th August, 1930.. .. .. .. .. .. 290 0 0 To mature 26th August, 1930.. .. .. .. .. 430 0 0 Finance Act, 1918 (No. 2), (Part IV), (War Expenses)— To mature 20th April, 1930 .. .. .. .. .. .. 19,640 0 0 To mature 21st April, 1930 .. .. .. .. .. .. 900 0 0 To mature 11th May, 1930 .. .. .. .. .. .. 750 0 0 To mature 11th June, 1930 .. .. .. .. .. 340 0 0 To mature 1st July, 1930 .. .. .. .. .. .. 21,450 0 0 Finance Act, 1920, Section 15 (Nauru and Ocean Islands), (to mature 1st December, 1930) .. .. .. .. .. •• •• 100,000 0 0 Government Advances to Settlers Act, 1894, and Extension Act, 1901 (to mature 1st January, 1929) .. .. .. .. .. .. .. 80,000 0 0 Railways Improvement Authorization Act, 1914 (to mature 1st February, 1929) 9,200 0 0 — 270,070 0 0 Debentures issued for Redemption of Inscribed Stock at Maturity,— New Zealand Loans Act, 1908 — Finance Act, 1920, Section 15, (Public Works), (to mature 1st December, 1930) .. 50,000 0 o Debentures issued for Redemption of Treasury Bills at Maturity,— New Zealand Loans Act, 1908— Aid to Public Works and Land Settlement Act, 1903 (to mature 1st January, 1929) .. .. .. .. .. .. .. 100,000 0 0 Finance Act, 1918 (No. 2), (Part IV), (War Expenses), (to mature 1st July, 1930) 20,200 0 0 Finance Act, 1918 (No. 2), Section 31, (Discharged Soldiers Settlenemt), (to mature 1st March, 1930) .. .. .. .. .. .. 500,000 0 0 Finance Act, 1920, Section 15, (Public Works), (to mature 1st December, 1930) 200,000 0 0 Finance Act, 1921, Section 10, (Public Works), (to mature 1st September, 1931) 100,000 0 0 Native Land Amendment Act, 1913 (to mature 1st April, 1929) .. .. 75,000 0 0 War Purposes Loan Act, 1917 — To mature 1st February, 1928 .. .. .. .. .. 404,800 0 0 To mature, 1st March, 1926 .. .. .. .. .. .. 400,000 0 0 — 1,800,000 0 0 4J-per-cent. Consolidated Stock issued to cover Expenses of raising £1,000,000 for Redemptions (part of £4,000,000 4-per-cent. Stock, 1933-43—1923 Loan) and applied for Redemption of Debentures issued to cover Expenses, — New Zealand Loans Act, 1908 —■ New Zealand Consolidated Stock, 1944—• New Zealand State-guaranteed Advances Acts, 1909 and 1910—■ 4.108 17 5 Advances to Settlers Branch 77,041 6 9 Advances to Workers Branch 21,571 11 6 Land for Settlements Branch 102,721 15 8 4|-per-cent. Consolidated Stock issued to cover portion of Charges and Expenses of raising £1,000,000 for Redemptions (part of £4,000,000 4-per-cent. Stock, 1933-43—1923 Loan),— New Zealand Loans Act, 1908—• New Zealand Consolidated Stock, 1944—• New Zealand State-guaranteed Advances Acts, 1909 and 1910 — 211 7 10 Advances to Settlers Branch (in respect of £40,000) 3,963 12 3 Advances to Workers Branch (in respect of £750,000) .. 1.109 16 4 Land for Settlements Branch (in respect of £210,000) .. 5,284 16 5 14,512,873 17 11 Carried forward .. .. .. .. .. .. £6,095,171 7 9 I Note.— In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

45

B.—l [PT. I].

PUBLIC ACCOUNTS, 1925-1926

LOANS REDEMPTION ACCOUNT—continued.

192 r 4 - 1925 - EXPENDITURE. 5 " 1926 - Gross. Gross. £ s. d. £ s. d. £ s. d. 3,828,718 7 2 Brought forward .. .. .. .. .. .. 18,226,568 13 4 Securities redeemed and cancelled in terms of Section 13 (1) of the Finance Act, 1925 — Redeemed before Maturity in terms of Section 24 of the Finance Act, 1921-22 — Debentures under — New Zealand Loans Act, 1908— Finance Act, 1918, Section 10 (War Expenses)— 4-per-cent. Debentures, 1930 .. .. .. .. .. 3,000 0 0 War Purposes Loan Act, 1917— 4J-per-cent. Debentures, 1928 .. .. .. .. .. 1,450 0 0 Inscribed Stock under — New Zealand Loans Act, 1908— New Zealand Inscribed Stock Act, 1917 —■ Finance Act, 1916, Section 35 (War Expenses)— 5£-per-cent. Inscribed Stock, 1941 (nominal value, £996 16s. 9d.) .. 956 19 3 6-per-cent. Inscribed Stock, 1926' .. .. .. .. 950 0 0 Finance Act, 1918, Section 10 (War Expenses)— 4J-per-cent. Inscribed Stock, 1939 (nominal value, £6,982 2s. 5d.) .. 6,978 8 6 War Purposes Loans Act, 1917—• 4J-per-cent. Inscribed Stock, 1938 .. .. .. .. 39,140 0 0 5J-per-cent. Inscribed Stock, 1941 (nominal value, £10,347 3s. 2d.) .. 9,933 5 5 62,408 13 2 1,245,850 0 0 Debentures redeemed at Maturity, — New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1903 (due 1st January, 1926) .. 37,500 0 0 Aid to Public Works and Land Settlement Act, 1907 (due 1st February, 1926) 11,050 0 0 Discharged Soldiers Settlement Loans Act, 1920 — Due 12th November, 1925 .. .. .. .. .. .. 6,000 0 0 Due 18th November, 1925 .. .. .. .. .. .. 8,500 0 0 Due 25th November, 1925 .. .. .. .. .. .. 32,000 0 0 Due 26th November, 1925 .. .. .. .. .. .. 21,000 0 0 Due 9th December, 1925 .. .. .. .. .. .. 32,000 0 0 Due 17th December, 1925 .. ,. .. .. .. 37,000 0 0 Due 4th March, 1926 .. .. .. .. .. .. 18,000 0 0 Finance Act, 1915, Section 105 (Public Works), (due 15th December, 1925) .. 287,200 0 0 Finance Act, 1915, Section 106— Aid to Public Works and Land Settlement Act, 1903 (due 1st January, 1926) 4,050 0 0 Land for Settlements Act, 1908 (due 1st January, 1926) .. .. .. 5,775 0 0 Finance Act, 1918 (No. 2), (Part IV), (War Expenses)—• Due 8th April, 1925 .. .. .. .. .. .. .. 7,000 0 0 Due 20th April, 1925 .. .. .. .. .. .. 12,640 0 0 Due 26th May, 1925 .. .. .. .. .. .. 5,300 0 0 Due 15th May, 1925 .. .. .. .. .. .. 66,700 0 0 Due 23 June, 1925 .. .. .. .. .. .. .. 3,300 0 0 Due 16 July, 1925 .. .. .. .. .. .. .. 3,400 0 0 Due 21 August, 1925 .. .. .. .. .. .. 3,000 0 0 Due 1st September, 1925 .. .. .. .. .. .. 33,350 0 0 Due 14th September, 1925 .. .. .. .. .. .. 1,200 0 0 Due 5th October, 1925 .. .. .. .. .. .. 3,800 0 0 Due 20th October, 1925 .. .. .. .. .. .. 18,350 0 0 Due 15 November, 1925 .. .. .. .. .. .. 66,700 0 0 Due 1st March, 1926 .. .. .. .. .. .. 33,000 0 0 Finance Act, 1920, Section 15 (Nauru and Ocean Islands), (due 1st December, 1925) .. .. .. .. .. .. .. .. 100,000 0 0 Government Advances to Settlers Act, 1894, and Extension Act, 1901 (due 5th June, 1925) .. .. .. .. .. .. .. 80,000 0 0 Land for Settlements Act, 1908 — Due 1st August, 1925 .. .. .. .. .. .. 5,300 0 0 Due 1st January, 1926 .. .. .. .. .. .. 11,500 0 0 Native Land Amendment Act, 1913 (due 1st January, 1926) .. .. 2,400 0 0 Railways Improvement Authorization Act, 1914 (due 1st February, 1926) .. 9,200 0 0 Westport Harbour Act, 1920, and Westport Harbour Board Act, 1884 (due 1st March, 1925) .. .. .. .. .. .. .. 3,000 0 0 969,215 0 0 Inscribed Stock redeemed at Maturity,— New Zealand Loans Act, 1908— New Zealand Inscribed Stock Act, 1917— Finance Act, 1915, Section 105 (Public Works), (due 15th December, 1925) .. 10,800 0 0 Finance Act, 1920, Section 15 (Public Works), (due 1st December, 1925) .. 50,000 0 0 Aid to Public Works and Land Settlement Act, 1907 (due 1st February, 1926) 7,500 0 0 68,300 0 0 5,074,568 7 2 Carried forward .. .. .. .. .. .. 19,326,492 6 6 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l. [PT. I],

46

PUBLIC ACCOUNTS, 1 925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

1924r-1925. RECEIPTS. 1925-1926. £ s. d. £ s. d. £ s. d. 14,512,873 17 11 Brought forward .. .. .. .. .. .. 26,095,171 7 9 10,022,516 15 8 Debentures issued in Renewal of Debenture Loans matured, — New Zealand Loans Aet, 1908—Aid to Public Works and Land Settlement Act, 1903 (due 1st January, 1926 ; renewed to 1st January, 1929) .. .. .. .. .. 700 0 0 Aid to Public Works and Land Settlement Act, 1903 (due 1st February, 1926 ; renewed to 1st January, 1929) .. .. .. .. .. 600 0 0 Aid to Public Works and Land Settlement Act, 1905 (due 1st January, 1926 ; renewed to 1st January, 1931) .. .. .. .. .. 62,700 0 0 Aid to Public Works and Land Settlement Act, 1912 (due 15th April, 1925; renewed to 15th April, 1930) .. .. .. .. .. •• 186,500 0 0 Aid to Public Works and Land Settlement Act, 1914 (due 1st May, 1925; renewed to 1st November, 1930) .. .. .. .. .. 1,100,000 0 0 Aid to Water-power Works Act, 1910 (due 1st May, 1925 ; renewed to 1st May, 1930) .. .. .. .. .. .. .. .. 34,000 0 0 Aid to Water-power Works Act, 1910 (due 1st November, 1925; renewed to 1st May, 1930) .. .. .. .. .. .. .. 30,000 0 0 Consolidated Loan Act, 1867 (due 15th April, 1925 ; renewed to 15th April, April, 1930) .. .. .. .. .. .. .. 13,000 0 0 Defence and Other Purposes Loan Act, 1870 (due 15th April, 1925 ; renewed .. to 1st February, 1930) .. .. .. -. -. •• 75,000 0 0 Discharged Soldiers Settlement Act, 1915, and Amendment Act, 1916 (due 1st March, 1926; renewed 1st March, 1929) .. .. .. .. 36,000 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4 (due 1st March, 1926 ; renewed to 1st September, 1931) .. .. .. .. 5,000 0 0 . Discharged Soldiers Settlement Loans Act, 1919, Section 4 (due 3rd March, 1926 ; renewed to 1st September, 1931) .. .. .. .. .. 163,050 0 0 Discharged Soldiers Settlement Loans Act, 1920 (due 1st March, 1926 ; renewed to 1st March, 1930) .. .. .. .. .. .. .. 250,000 0 0 Finance Act, 1909 (Public Works), (due 1st August, 1925; renewed to 1st August, 1930) .. .. .. .. .. .. .. 46,901 0 0 Finance Act, 1915, Section 105 (Public Works), (due 15th December, 1925 ; renewed to 15th December, 1930) .. .. .. .. .. 121,890 0 0 Finance Act, 1918 (No. 2), Section 32 (State Forests), (due 1st August, 1925 ; renewed to 1st August, 1928) .. .. .. .. .. 50,000 0 0 Finance Act, 1920, Section 15 (Nauru and Ocean Islands), (due 1st December, 1925; renewed to 1st December, 1930) .. .. .. .. 500,000 0 0 Finance Act, 1920, Section 15 (Public Works), (due 1st December, 1925 ; renewed to 1st December, 1930) .. .. .. .. .. .. 100,760 0 0 Fishing Industry Promotion Act, 1919 (due 1st December, 1925 ; renewed to 1st December, 1928) .. .. .. .. .. .. 3,045 0 0 Fruit-preserving Industry Act, 1913, and Finance Act, 1917, Section 80 (due 1st April, 1925; renewed to 1st April, 1930) .. .. .. .. 23,800 0 0 General Purposes Loan Act, 1873 (due 15th October, 1925; renewed to 28th November, 1929) .. .. .. .. .. .. 800 0 0 Government Advances to Settlers Act, 1908 (due 1st June, 1925 ; renewed to 1st January, 1929) .. .. .. .. .. .. .. 105,000 0 0 Government Advances to Settlers Act, 1908 (due 1st March, 1926 ; renewed to 1st February, 1929) .. .. .. .. .. .. .. 100,000 0 0 Government Advances to Settlers Act, 1908 (Part III, Workers), (due 1st June, 1925; renewed to 1st February, 1929) .. .. ... .. 25,000 0 0 Government Railways Act, 1908, and Finance Act, 1909 (due 30th June, 1925; renewed to 1st January, 1929) .. .. .. .. .. 50,000 0 0 Government Railways Act, 1908, and Railways' Improvement Authorization Acts, 1904-1907 (due 30th June; 1925 : renewed to 1st January, 1929) .. 140,000 0 0 Government Railways Act, 1908, Railways Improvement Authorization Acts, 1904-1907 (due 1st August, 1925; renewed to 1st January, 1929) .. 2,000 0 0 Hauraki Plains Amendment Act, 1913, and Appropriation Act, 1918, Section 43 (due 1st August, 1925 renewed to 1st February, 1931) .. .. 14,000 0 0 Hauraki Plains Amendment Act, 1913, and Appropriation Act, 1919, Section 18 (due lgt August, 1925 ; renewed to 1st February, 1931) .. .. .. 10,000 0 0 Hauraki Plains Amendment Act, 1913, and Appropriation Act, 1919, Section 18 (due 1st February, 1926 ; renewed to 1st February, 1931) .. .. 35,000 0 0 Housing Act, 1919, Section 30 (due 1st July, 1925 ; renewed to 1st July, 1930) 120,000 0 0 Housing Act, 1919, Section 46 (due 1st January, 1926 ; renewed to 1st January. 1931) .. .. .. .. .. .. .. 3,975 0 0 Hutt Railway Improvement Acts, 1903, 1905, 1907, and 1910 (due 1st May, 1925; renewed to 1st May, 1930) .. .. .. ... .. 127,000 0 0 Immigration and Public Works Loan Act, 1870 (.due 15th April, 1925 ; 23,000 0 0 renewed to 1st February, 1930) .. . .. ... Kauri-gum Industry Amendment Act, 1914 (due 1st November, 1925; renewed to 1st May, 1930) .. .. .. .. .. .. 18,000 0 0 Land for Settlements Act, 1908 (due 1st August, 1925; renewed to 1st January, 1929) .. .. .. .. .. .. .. 79,500 0 0 Land for Settlements Act, 1908 (due 1st February, 1926; renewed to 1st January, 1929) .. .. .. .. .. .. .. .. 8,270 0 0 Land for Settlements Act, 1908 (due 1st January, 1926; renewed to 1st January, 1929) .. .. .. .. .. .. .. .. 153,385 0 0 Land for Settlements Act, 1908 (due 1st February, 1926; renewed to 1st February, 1929) .. .. .. .. .. .. .. 6,100 0 0 24,535,390 13 7 Carried forward .. .. .. .. .. 3,823,976 0 0 26,095,171 7 9 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

47

B.—l [PT. I].

PUBLIC ACCOUNTS, 1925-1926

LOANS REDEMPTION ACCOUNT—continued.

1924-1925. EXPENDITURE. 192 " 926 ' Gross. Gross. £ s. d. £ b. d. £ 3. d. 5,074,568 7 2 Brought forward .. .. .. .. .. .. 19,326,492 6 6 New Zealand Consols redeemed at Maturity— 475,491 14 0 New Zealand Consols Act, 1908 (due 1st February, 1925) .. .. .. .. 500 0 0 8,400,000 0 0 Treasury Bills redeemed at maturity,— New Zealand Loans Act, 1908— Aid to Public Works and Land Settlement Act, 1903— Due 20th April, 1925 .. .. .. .. .. .. 100,000 0 0 Due 20th July, 1925 .. .. .. .. .. .. 100,000 0 0 Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement) —■ gDue 30th June, 1925 .. .. .. .. .. .. 1,000,000 0 0 Due 30th September, 1925 .. .. .. .. .. 700,000 0 0 Due 30th December, 1925 .. .. .. .. .. .. 700,000 0 0 Due 30th March, 1926 .. .. .. .. .. .. 500,000 0 0 Finance Act, 1918 (No. 2), (Part IV), (War Expenses)— Due 30th April, 1925 .. .. .. .. .. .. 20,200 0 0 Due 30th July, 1925 .. .. .. .. .. .. 20,200 0 0 Finance Act, 1920, Section 15 (Public Works) — Due 29th April, 1925 ' .. .. .. .. .. 400,000 0 0 Due 30th June, 1925 .. .. .. .. .. .. 200,000 0 0 Due 30th July, 1925.. .. .. .. .. .. .. 400,000 0 0 Due 30th October, 1925 .. .. .. .. .. .. 400,000 0 0 Due 29th January, 1926 .. .. .. .. .. .. 400,000 0 0 Finance Act, 1921, Section 10 (Public Works) — Due 29th April, 1925 .. .. .. .. .. .. 100,000 0 0 Due 29th July, 1925 .. .. .. .. .. .. 100,000 0 0 Native Land Amendment Act, 1913 —• Due 30th April, 1925 .. .. .. .. .. .. 75,000 0 0 Due 30th July, 1925.. .. .. .. .. .. .. 75,000 0 0 War Purposes Loan Act, 1917— Due 30th April, 1925 .. .. .. .. .. 404,800 0 0 Due 30th July, 1925 .. .. .. .. .. .. 404,800 0 0 Due 1st March, 1926 .. .. .. .. .. .. 400,000 0 0 — 6,500,000 0 0' 10,022,516 15 8 Debentures redeemed by Renewal, — New Zealand Loans Act, 1908— Aid to Public Works and Land Settlement Act, 1903 (due 1st January, 1926).. 700 0 0 Aid to Public Works and Land Settlement Act, 1903 (due 1st February, 1926) 600 0 0 Aid to Public Works and Land Settlement Act, 1905 (due 1st January, 1926).. 62,700 0 0 Aid to Public Works and Land Settlement Act, 1912 (due 15th April, 1925) .. 186,500 0 0 Aid to Public Works and Land Settlement Act, 1914 (due 1st May, 1925) .. 1,100,000 0 0 . . . Aid to Water-power Works Act, 1910 (due 1st May, 1925) .. .. .. 34,000 0 0 Aid to Water-power Works Act, 1910 (due 1st November, 1925) .. .. 30,000 0 0 Consolidated Loan Act, 1867 (due 15th April, 1925) .. .. .. 13,000 0 0 Defence and Other Purposes Loan Act, 1870 (due 15th April, 1925) .. .. 75,000 0 0 Discharged Soldiers Settlement Act, 1915, and Amendment Act, 1916 (due 1st March, 1926) .. .. .. .. .. .. .. 36,000 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4 (due 3rd March, 1926) 163,050 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4 (due 1st March, 1926) 5,000 0_ 0 Discharged Soldiers Settlement Loans Act, 1920 (due 1st March, 1926) .. 250,000 0 0 Finance Act, 1909 (Public Works), (due 1st August, 1925) .. .. .. 46,901 0 0 Finance Act, 1915, Section 105 (Public Works), (due 15th December, 1925) .. 121,890 0 0 Finance Act, 1918 (No. 2), Section 32 (State Forests), (due 1st August, 1925) .. 50,000 0 0 Finance Act, 1920, Section 15 (Nauru and Ocean Islands), (due 1st December, 1925) .. .. .. .. .. .. .. .. 500,000 0 0 Finance Act, 1920, Section 15 (Public Works), (due 1st December, 1925) .. 100,760 0 0 Fishing Industry Promotion Act, 1919 (due 1st December, 1925 .. .. 3,045 0 0 Fruit - preserving Industry Act, 1913, and Finance Act, 1917, Section 80 (due 1st April, 1925) .. .. .. .. .. .. .. 23,800 0 0 General Purposes Loan Act, 1873 (due 15th October, 1925).. .. .. 800 0 0 . Government Advances to Settlers Act, 1908 (due 1st June, 1925) .. .. 105,000 0 0 Government Advances to Settlers Act, 1908 (due 1st March, 1926) .. .. 100,000 0 0 Government Advances to Settlers Act, 1908 "(Part III, Workers), (due 1st June, .. 1925) .. .. .. .. .. .. .. .. 25,000 0 0 Government Railways Act, 1908, and Finance Act, 1909 (dtie 30th June, 1925) 50,000 0 0 Government Railways Act, 1908, and Railways Improvement Authorization Acts, 1904-1907 (due 30th June, 1925) .. .. .. .. 140,000 0 0 Government Railways Act, 1908, and Railways Improvement Authorization Acts, 1904-1907 (due 1st August, 1925) .. .. .. .. 2,000 0 0 23,972,576 16 10 Carried forward .. . .. .. .. 3,225,746 0 0 25,826,992 6 6 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shewn as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I]

48

PUBLIC ACCOUNTS, 19 2 5-1926.

STATEMENT of the RECEIPTS AND EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

1924-1925. RECEIPTS. 1925-1926. £ s. d. | £ 3. d. £ s. d. 24,535,390 13 7 Brought forward .. .. .. .. .. 3,823,976 0 0 26,095,171 7 9 Debentures issued in Renewal of Debenture Loans matured—continued. New Zealand Loans Act, 1908—continued. Land Laws Amendment Act, 1913 (due 1st August, 1925; renewed to 1st April, 1930) .. .. .. .. .. .. .. .. 17,500 0 0 Land Laws Amendment Act, 1913 (due 1st October, 1925 ; renewed to 1st April, 1930) .. .. .. .. .. .. .. .. 45,000 0 0 Land Laws Amendment Act, 1913 (due 1st .February, 1926 ; renewed to 1st April, 1930) .. .. .. .. .. .. .. 4,500 0 0 Land Laws Amendment Act, 1913, and Appropriation Act, 1918, Section 42 (due 31st March, 1926; renewed to 1st April, 1930) .. .. .. 10,000 0 0 Land Laws Amendment Act, 1913, and Appropriation Act, 1918, Section 42 (due 1st April, 1925 ; renewed to 1st April, 1930) .. .. .. 95,000 0 0 Mining Amendment Act, 1913 (due 1st May, 1925 ; renewed to 1st May, 1930) 4,500 0 0 „ Mining Amendment Act, 1913, and Amendment Act, 1919 (due 1st May, 1925 ; renewed to 1st May, 1928) .. .. .. .. .. .. 10,000 0 0 Native Land Amendment Act, 1913 (due 1st April, 1925 ; renewed to 1st April, 1929) .. .. .. .. .. .. .. .. 25,000 0 0 Native Land Amendment Act, 1913) (due 1st October, 1925; renewed to 1st April, 1929) .. .. ... .. .. .. .. 310,000 0 0 Native Land Amendment Act, 1913 (due 1st April, 1925 ; renewed to 1st April, 1930) .. .. .. .. .. .. .. .. 375,000 0 0 Post and Telegraph Act, 1908 (due 1st July, 1925 ; renewed to 1st July, 1930).. 200,000 0 0 Railways Improvement Authorization Act, 1914 (due 1st August, 1925; renewed to 1st February, 1930) .. .. .. .. .. 140,000 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and amendments (due 1st September, 1925 ; renewed to 1st March, 1929) .. .. .. 19,000 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and amendments (due 1st March, 1926; renewed to 1st March, 1929) .. .. .. .. 17,000 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1920, Section 16 (due 1st December, 1925 ; renewed to 1st December, 1930) .. 30,000 0 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 (due 1st May, 1925; renewed to 1st May, 1929) .. .. .. .. 30,000 0 0 Waihou and Ohinemuri Rivers Improvement Act, 1910 (due 1st August, 1925 ; renewed to 1st August. 1930) .. .. .. .. .. .. 20,000 0 0 Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1919, Section 6 (due 1st August, 1925 ; renewed to 1st August, 1930) .. .. 14,000 0 0 Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1919, Section 6 (due 1st February, 1926 ; renewed to 1st August, 1930) .. .. 76,000 0 0 5,266,476 0 0 Finance Act, 1925, Section 13, — Amount received in respect of War Expenses to be applied in repayment of War Loans— Subsection (1), transfer of balance of War Expenses Account ... .. 33,199 14 11 Subsection (1), refund of amounts transferred from War Expenses Account to Belgium Relief Account and not expended .. .. .. .. 18,351 10 8 Subsection (2), Miscellaneous War Receipts .. .. .. .. 245 11 2 Subsection (3), Repatriation Receipts paid in by State Advances Office .. 29,096 13 9 80,893 10 6 5-per-cent. Inscribed Stock issued in respect of Amount required to cover Stamp Duty on Transfers, — New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1935-45 — Aid to Public Works and Land Settlement Act, 1902— Premiums short-credited during the Financial Year 1922-23 .. .. .. 36 5 8 Proceeds Sale of H.M.S. New Zealand set aside for Reduction of Funded Debt, — 20,000 0 0 Naval Defence Act, 1909.. Amount received from the State Advances Office to cover Charges and Expenses of Renewals,' — 4 15 0 Government Advances to Settlers Act, 1908 .. .. .. .. ,. 24,555,395 8 7 Carried forward .. .. .. .. .. .. .. 31,442,577 3 11 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are show* as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I].

49

PUBLIC ACCOUNTS, 1925-192 6.

LOANS REDEMPTION ACCOUNT—continued.

1924-1925 1925-1926. WM-IV <Si>. expenditure. r „ nc<! Gross. uross. £ s. d. £ s - d. £ s. d. 23,972,576 16 10 Brought forward .. .. .. .. .. 3,225,746 0 0 25,826,992 6 6 Debentures redeemed by Renewal —continued. New Zealand Loans Act, 1908—continued: Hauraki Plains Amendment Act, 1913, and Appropriation Act, 1918, Section 43 (due 1st August, 1925) .. .. .. .. •• •. 14,000 0 0 Hauraki Plains Amendment Act, 1913, and Appropriation Act, 1919, Section 18 (due 1st August, 1925) .. .. .. •• 10,000 0 0 Hauraki Plains Amendment Act, 1913, and Appropriation Act, 1919, Section 18 (due 1st February, 1926) .. .. .. .. .. 35,000 0 0 Housing Act, 1919, Section 30 (due 1st July, 1925) .. .. .. 120,000 0 0 Housing Act, 1919, Section 46 (due 1st January, 1926) .. .. .. 3,975 0 0 Hutt Railway and Road Improvement Acts, 1903, 1905, 1907, and 1910 (due 1st May, 1925) .. .. .. .. .. .. •• 127,000 0 0 Immigration and Public Works Loan Act, 1870 (due 15th April, 1925) .. 23,000 0 0 Kauri-gum Industry Amendment Act, 1914 (due 1st November, 1925) • .. 18,000 0 0 Land for Settlements Act, 1908 (due 1st August, 1925) .. .. .. 79,500 0 0 Land for Settlements Act, 1908 (due 1st January, 1926) .. .. .. 153,385 0 0 Land for Settlements Act, 1908 (due 1st February, 1926) .. .. .. 14,370 0 0 Land Laws Amendment Act, 1913 (due 1st April, 1925) .. .. .. 15,000 0 0 Land Laws Amendment Act, 1913 (due 1st August, 1925) .. .. 17,500 0 0 Land Laws Amendment Act, 1913 (due 1st October, 1925) .. .. .. 45,000 0 0 Land Laws Amendment Act, 1913 (due 1st February, 1926) .. .. 4,500 0 0 Land Laws Amendment Act, 1913 (due 31st March, 1926) .. .. .. 10,000 0 0 Land Laws Amendment Act, 1913, and Appropriation Act, 1918, Section 42 (due 1st April, 1925).. .. .. .. .. .. 80,000 0 0 Mining Amendment Act, 1913 (due 1st May, 1925) .. .. .. 4,500 0 0 Mining Amendment Act, 1913, and Amendment Act, 1919 (due 1st May, 1925) 10,000 0 0 Native Land Amendment Act, 1913 (due 1st April, 1925) .. .. .. 400,000 0 0 Native Land Amendment Act, 1913 (due 1st October, 1925) .. .. 310,000 0 0 Post and Telegraph Act, 1908 (due 1st July, 1925) .. .. .. 200,000 0 0 Railways Improvement Authorization Act, 1914 (due 1st August, 1925) .. 140,000 0 0 Rangitaiki Land Drainage Amendment Acts, 1913 and 1914 (due 1st September, 1925) .. .. •• ■■ 19,000 0 0 Rangitaiki Land Drainage Amendment Acts, 1913 and 1914 (due 1st March, 1926) .. .. .. .. •• •• •• 17,000 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1920, Section 16 (due 1st December, 1925) .. .. .. .. .. 30,000 0 0 Swamp Drainage Act, 1915, and Appropriation Ant, 1918, Section 46 (due 1st May, 1925) .. .. .. .. •• 30,000 0 0 Waihou and Ohinemuri Rivers Improvement Act, 1910 (due 1st August, 1925) 20,000 0 0 Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1919, Section 6 (due 1st August, 1925) .. .. .. .. .. 14,000 0 0 Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1919, Section 6 (due 1st February, 1926) .. .. .. .. .. 76,000 0 0 ___ 5,266,476 0 0 Finance Act, 1922, Section 8, —- Repayment of Funded Debt to the Imperial Government — 23,106 16 0 Public Revenues Amendment Act, 1914, Section 8 (War Expenses) .. .. 24,270 10 9 90,598 1 9 Public Revenues Amendment Act, 1915, Section 5 (War Expenses) .. .. 95,160 18 10 52,942 3 5 Finance Act, 1916, Section 35 (War Expenses) .. .. .. .. 55,608 10 8 53,983 7 5 War Purposes Loan Act, 1917 .. .. .. .. .. .. 56,702 3 5 73,766 111 Finance Act, 1918, Section 10 (War Expenses) ... .. .. .. 77,481 4 7 210,764 12 1 Naval Defence Act, 1909 .. .. .. .. .. 21,379 9 7 2,134 17 3 Aid to Public Works and Land Settlement Act, 1910 .. .. .. 2,242 7 7 422 4 7 Land for Settlements Act, 1908 .. .. .. .. .. 443 9 11 333,288 15 4 507,718 4 5 Amount advanced to the High Commissioner for Redemption of Debentures at Maturity,— 150,000 0 0 Westport Harbour Act, 1920, and Westport Harbour Board Act, 1884.. New Zealand Loans Act, 1908, —- Charges and Expenses of Renewals — 4 15 0 Government Advances to Settlers Act, 1908 Charges and Expenses of Redemptions— New Zealand State-guaranteed Advances Acts, 1909 and 1910 — 1,053 1 3 Land for Settlements Branch .. 200 11 7 Advances to Settlers Branch 3,760 18 3 Advances to Workers Branch Stamp Duty on transfer of New Zealand Consolidated Stook, 1935/1945 — 12 3 7 Aid to Public Works and Land Settlement Act, 1902 .. .. .. 13 19 6 j 206 17 5 War Purposes Loan Act, 1917 .. .. .. .. .. 23 9 3 37 8 9 5,238 7 1 24,635,533 8 4 Carrried forward .. .. .. .. .. .. 131,426,794 10 7 Note.—In these accounts the eredits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B. —1 [PT. I

50

PUBLIC ACCOUNTS, 1 925 -1 926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

LOANS REDEMPTION . 1924-1925. RECEIPTS. 1925-1926. £ s. d. £ s. d. £ s. d. 24,555,395 8 7 Brought forward .. .. .. .. .. .. 31,442,577 3 11 Amount unclaimed on New Zealand Government Bonds matured, transferred from Consolidated Fund (Ordinary Revenue Account) to redeem Debentures under, — New Zealand State-guaranteed Advances Acts, 1909 and 1910 (Land for Settle200 0 0 ments Branch) Portion of Amount advanced to the High Commissioner for Redemption of Debentures at maturity, now utilized for Redemptions,— 146,900 0 0 Westport Harbour Act, 1920, Westport Harbour Board Act, 1884 .. .. .. 3,000 0 0 £24,702,495 8 7 Totals .. .. .. .. .. .. .. £31,445,577 3 11 MAIN HIGHWAYS ACCOUNT £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 12,681 7 3 Cash in the Public Account .. .. .. .. .. .. 51,547 7 5 Imprests outstanding— In London .. .. ... .. .. .. .. .. 2,826 0 0 237,000 0 0 Investment Aocount .. .. .. .. .. .. .. 527,000 0 0 — — 581,373 7 5 249,681 7 3 Credits-in-Aid,— 3,506 14 6 Vote—Maintenance of Main Highways .. .. .. .. .. .. 5,227 17 6 Main Highways Act, 1922, Section 14, — 35,000 0 0 Amounts transferred from the Consolidated Fund .. .. .. .. 35,000 0 0 152,303 3 3 Customs duty on tires .. .. .. .. .. .. .. 228,711 13 6 257,500 0 0 Fees and fines under Seotion 24 of the Motor-vehicles Act, 1924 .. .. 86,680 17 10 350,392 11 4 444,803 3 3 10,839 19 10 Interest on Securities held by Investment Account .. .. .. .. .. 20,199 1 9 Interest on Securities held by Construction Fund Investment Account .. .. .. 5,839 18 0 £708,831 4 10 Totals .. .. .. .. .. .. .. £963,032 16 0 MAIN HIGHWAYS ACCOUNT __ £ ». d. Balance at beginning of Year, — £ s. d. £ s. d. Cash in the Public Account .. .. .. .. .. .. .. 545 15J'3 Credits-in-Aid — 4,822 12 4 Vote —Main Highways .. .. .. .. .. .. .. 15,966 16 1 Recoveries on account of Expenditure of previous Years .. .. .. .. |6 19 4 Finance Act, 1923, Section 15, Subsection 2, — 226,000 0 0 Amount transferred from Public Works Fund (General Purposes Account) Amount transferred from Public Works Fund (General Purposes Account) in anticipation of appropriation of £200,000 .. .. .. .. .. .. 50,000 0 0 New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1945— Main Highways Act, 1922 — Stock issued in respect of £500,000 authorized (part of £7,000,000 4£-per-eent. • .. Stock Loan) .. .. .. .. .. .. .. 500,000 0 0 Stock issued in respect of Amount required to cover Charges and Expenses of raising £500,000 .. .. .. .. .. .. 42,004 10 10 Interest on Overdue Instalments .. .. .. .. .. 332 — 542,007 14 0 £230,822 12 4 Totals .. .. .. .. .. .. .. £608,527 4 8 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For jthe purposes of comparison a summary showing the net expenditure will be found on page 69.

51

B.—l [PT. I].

PUBLIC ACCOUNTS, 1925-1926

Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

ACCOUNT—continued. 1924-1925. EXPENDITURE. 1925-1926. Gross. Gross. £ s. d. £ s. d. £ s. d. 24,635,533 8 '4 Brought forward .. .. .. .. .. .. .. 31,426,794 10 7 Adjustment of Amount wrongly credited in the Financial Year 1922-23, — 5-per-cent. Inscribed Stock issued in respect of Amount required to covei> Stamp Duty on transfers — New Zealand Consolidated Stock, 1935-45 — War Purposes Loan Act, 1917 — Premiums .. .. . . .. .. .. .. .. 3 12 7 Adjustment of Entries wrongly shown in 1924-25 Accounts, — Charges and expenses of raising loans— New Zealand State-guaranteed Advances Acts, 1909-10 — Land for Settlements Branch .. .. .. .. .. . . 56 15 1 Advances to Settlers Branch .. .. .. .. .. 10 16 3 Advances to Workers Branch.. .. .. .. .. 202 14 0 270 5 4 Balance at end of Year, — 16,962 0 3 Cash in the Public Account .. .. .. .. .. .. 18,508 15 5 50,000 0 0 Investment Account 18,508 15 5 66,962 0 3 £24,702,495 8 7 Totals .. .. .. .. .. .. .. £31,445,577 3 11 REVENUE FUND. £ s. d. £ s. d. £ s. d. 119,957 17 5 Vote—Maintenance of Main Highways .. .. .. .. .. 287,193 6 6 Expenditure under Section 24 (2) of the Motor-vehioles Aot, 1924, — Expenses of administration 7,500 0 0 Expenditure under Section 20 of the Finance Act, 1925, — Subsection (1), Payment to Inglewood County Council .. .. .. 1,400 0 0 Subsection (2) (a), Payments to Taranaki, Hawera, and Eltham County Councils .. 1,807 0 0 Subsection (2) (b), Payment to Taranaki County Council .. .. .. 3,523 14 7 — — 6,730 14 7 Recoupment of Interest under the Finance Act, 1919, Section 4 .. .. .. .. 14,500 0 0 Balance at end of Year, — 51,547 7 5 Cash in the Public Account .. .. .. .. .. .. 2,608 13 5 Imprests outstanding— 2,826 0 0 In London .. .. .. .. .. .. 016 527,000 0 0 Investment Aooount .. .. .. .. .. .. .. 652,000 0 0 654,608 14 11 581,373 7 5 £708,831 4 10 Totals .. .. .. .. .. .. .. £963,032 16 0 CONSTRUCTION FUND. £ s. d. j £ s, d. £ s. d. 230,276 17 1 Vote —Main Highways .. .. .. .. .. .. .. .. 396,415 9 2 New Zealand Loans Act, 1908 — Charges and Expenses of raising Loans — Main Highways Act, 1922 .. .. .. .. .. .. -. 42,007 14 0 Amount transferred from Public Works Fund (General Purposes Account) in anticipation of Appropriation of £200,000, now refunded .. .. .. .. 50,000 0 0 Balance at end of Year, — 545 15 3 Cash in the Publio Account .. .. .. .. .. .. 10,466 4 0 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 15,990 18 9 In London .. .. .. .. .. .. .. .. 3,646 18 9 Investment Account .. .. .. .. .. .. .. 90,000 0 0 120,104 1 6 £230,822 12 4 Totals .. .. .. .. .. .. .. £608,527 4 8 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purpose of comparison a summary showing the net expenditure will be found on page 69. 8—B. 1 [PT. I]

B— 1 [Pt. I].

52

PUBLIC ACCOUNTS, 1925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

MINING ADVANCES 1924-1925. RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 11,855 8 11 Cash in tho Public Account .. .. .. .. •• .. 11,856 15 7 Credits in reduction of Expenditure under Subsection 6 (e) of Section 4 of the 2 4 11 Mining Amendment Act, i913 Mining Amendment Act, 1913, Section 4, Subsection 5, — 6,211 14 7 Repayment of Advances .. .. .. .. .. ■■ ■■ 619 19 7 106 2 2 Interest on Advances .. .. .. .. . • ■ • ■ ■ 169 5 3 — 789 4 10 6,317 16 9 £18,175 10 7 Totals .. .. .. .. .. .. •• £12,646 0 5 NATIONAL ENDOWMENT £ s. d. Balance at beginning of Year, — £ s. d. £ s. d 49,663 3 0 Cash in the Public Aocount .. .. .. .. .. . • 45,555 8 2 75,000 0 0 Investment Account .. .. .. .. .. .. .. 81,100 0 0 __J 126,655 8 2 124,663 3 0 116,977 17 9 Rents, &o., from National Endowment Lands .. .. .. .. .. .. 134,697 19 2 Land Act, 1908, Section 267,— 35 5 0 Sales of Land Section 302 (9) of the Land Act, 1924, — 12 8 Interest on Sales of Land .. .. .. .. •• ... . • .. 1,261 7 8 2,242 4 11 Interest on Securities held by Investment Acoount .. .. .. .. .. 2,961 16 1 Interest on Securities held by National Endowment Trust Account Investment 244 19 10 Account .. .. .. .. .. .. .. .. .. ,. 670 2 4 Amount transferred from State Forests Acoount in terms of Section 39 (2) of the 12,61111 7 Forests Act, 1921-22 .. .. .. .. .. .. .. .. 9,740 12 2 £256,776 4 9 Totals .. .. .. .. .. .. .. £275,987 5 7 NATIONAL ENDOWMENT £ s. d- Balance at beginning of Year— £ s. d. £ s. d. 3,006 16 9 Cash in the Public Account .. .. .. .. 936 15 2 7,000 0 0 Investment Account .. .. .. .. .. .. .. 15,700 0 0 16,636 15 2 10,006 16 9 6,076 15 9 Sales of Land under Seotion 302, Subsection (10), of the Land Act, 1924 .. .. 5,128 8 2 553 2 8 Interest on Sales under the Land Laws Amendment Act, 1920, Seotion 11 (9) .. .. 161 0 7 Proceeds of Sales of National Endowment Lands transferred from National Endowment Account .. .. .. .. .. .. .. .. 53 6 3 £16,636 15 2 Totals .. .. .. .. .. .. .. £21,979 10 2 Note.— In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. Ij.

PUBLIC ACCOUNTS, 1925-1926.

for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued

53

ACCOUNT. 19 f- 1925 " EXPENDITURE. 19^ 1926 - Gross. Gross. £ s. d. £ s. d. £ s. d. 5,000 0 0 Advances under Subsection (6) (b) of Section 4 of the Mining Amendment Act, 1913 Recoupments under the Finance Act, 1919, Section 4, — 1,219 10 0 Interest .. 99 5 0 Sinking Fund 1,318 15 0 Balance at end of Year, — 11,856 15 7 Cash in the Public Aocount .. .. .. .. .. .. 2,646 0 5 Investment Account .. .. .. .. .. .. .. 10,000 0 0 12,646 0 5 11,856 15 7 £18,175 10 7 Totals .. .. .. .. .. .. .. £12,646 0 5 ACCOUNT. £ s. d. £ s. d. £ s. d. Expenditure under Section 17 of the Land Laws Amendment Act, 1912,— 3,202 2 9 Expenses of administration Expenditure under Section 295 (2) of the Land Act, 1924, — 2,995 10 10 Expenses of administration .. .. .. .. .. .. •• 8,631 17 4 Expenditure under Section 83 (3) of the Land Act, 1924 .. .. .. .. 550 0 0 Land Act, 1924, Section 297 (a), and New Zealand Universities Amendment Act, 1914, Section 32, —- 12,392 6 4 Payment to Universities of portion of National Endowment residue .. .. 12,501 13 10 Land Act, 1924, Section 297 (b), — 74,353 17 9 Transfer to Vote—Education of portion of National Endowment residue .. .. 75,010 3 3 Land Act, 1924, Section 298, — 37,176 18 11 Portion of National Endowment residue applied for payment of Old-age Pensions .. 37,505 1 8 Land Act, 1924, Sections 139, 295, and 357, — "Halves," "Thirds," and "Fourths " paid over to Local Bodies' Deposit Accounts .. 15,241 13 7 Transfer to National Endowment Trust Account of sales of Land previously credited to National Endowment Account, — Land Act, 1908, Section 267 .. .. .. .. .. .. 45 5 0 Land Laws Amendment Act, 1912, Section 16 .. .. .. .. 8 13 53 6 3 Balanoe at end of Year, — 45,555 8 2 Cash in the Public Aocount .. .. .. .. .. .. 26,393 9 8 81,100 0 0 Investment Account .. .. .. .. .. .. .. 100,100 0 0 126,493 9 8 126,655 8 2 £256,776 4 9 Totals .. .. .. .. .. .. .. £275,987 5 7 TRUST ACCOUNT. £ s. d. I £ s. d. £ s. d. ! Expenditure under Section 3 of the Land Laws Amendment Act, 1922 .. .. .. 1,746 0 0 Land Act, 1924, Seotion 139, — " Thirds " and " Fourths " paid over to Local Bodies' Deposit Accounts .. .. 27 2 8 Balanoe at end of Year, — 936 15 2 Cash in the Publio Account .. .. .. .. .. .. 516 7 6 15,700 0 0 Investment Account .. .. .. .. .. .. .. 19,690 0 0 — 20,206 7 6 16,636 15 2 £16,636 15 2 Totals .. .. .. .. .. .. .. £21,979 10 2 Note. — In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I

54

PUBLIC ACCOUNTS, 1925-19 2 6

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

1924-1925. RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 29,118 12 1 Cash in the Publio Account .. .. .. .. .. .. 67,982 15 6 Imprests outstanding— 31 12 4 In the Dominion .. .. .. .. ■ • . • • • 29 9 I Investment Account .. .. .. .. .. • ■ • • 90 1000 0 0 ■_ 158,012 4 10 j 29,150 4 5 Credits-in-Aid, — 112 13 11 Vote —Native Land Purohase Expenses .. .. .. .. ■. .. 159 7 0 Credits in reduction of Expenditure under the Act, — 476 10 0 Lands Department ISO 15 5 Native Department .. .. .. .. .. •• 028 n 5! 8 657 5 5 14,692 13 6 Amount received in respect of Survey Liens .. .. .. •• 10,034 2 10 Interest on Survey Liens .. .. .. .. .. •• •• 1,857 1 3 47,136 12 7 Rents, &c. .. .. .. .. .. .. .. •• .. 50,206 17 6 51,797 3 2 Land-sales .. .. .. .. .. .. .. .. .. .. 41,524 12 8 6,441 13 10 Interest on Sales of Land .. .. .. .. .. .. .. .. j 7,548 12 0 Interest on Securities held by Investment Account .. .. .. .. .. 4,431 4 7 Repayments by Maori Land Boards of Advances under Section 274 of the Native Land Act, 1909, — 310 19 4 Principal .. .. .. .. .. .. .. .. .. 298 16 5 663 15 1 Interest .. .. .. .. .. .. .. .. .. 535 16 11 834 13 4 974 14 5 Section 274, Native Land Act, 1909, and Native Land Amendment and Native Land Claims Adjustment Act, 1923, Section 16, — 687 4 4 Subsection 9 (6) .. Subsection 5, — 289 15 0 Interest .. .. .. .. .. .. .. .. 185,12 11 412 17 3 Principal .. .. .. .. .. .. .. .. 110 5 2 295 18 1 1,389 16 7 New Zealand Loans Aot, 1908, — Native Land Amendment Act, 1913 — New Zealand Consolidated Stock, 1935/1945 — 5-per-cent. Inscribed Stock issued in respeot of Amount required to cover Stamp 116 19 8 Duty on Transfers New Zealand Consolidated Stock, 1944— 200,000 0 0 Stock issued in respect of £200,000 authorized (4J-per-cent. Stock Loan) 60,000 0 0 Debentures issued 260,116 19 8 Urewera Land Aot, 1921-22, Section 10, — 29,S23 8 4 Debentures issued.. Adjustment of entry incorrectly shown in 1912-1913 Accounts, — Repayments by Maori Land Boards of Advances under Section 274 of the Native Land Act, 1909 — 1,500 0 0 Principal Adjustment of amount erroneously credited in 1923-24, — Section 274 of the Native Land Aot, 1909, and Section 16, Subsection (5), of the Native Land Claims Adjustment Aot, 1923 (as amended by Section 14 of the Native Land Amendment and Native Land Claims Adjustment Act, 1925) .. .. 522 6 11 Adjustment of amount erroneously charged in 1921-22, — Recoupments under the Finance Aot, 1919, Seotion 4— Interest .. .. .. .. .. .. .. .. .. 1,712 14 4 £443,293 5 10 Totals .. .. .. .. .. .. .. £277,139 18 0 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and otter credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B. —1 [PT. I]

55

PUBLIC ACCOUNTS, 1925-1926.

NATIVE LAND SETTLEMENT ACCOUNT.

1924-1925. 1925-1926. Gross. EXPENDITURE. Gross | £ s. d. Annual Appropriation,— £ s. a. £ a. d. 2,784 16 10 Vote —Native-land Purchase Expenses .. .. .. .. .. .. 2,881 6 6 Expenditure under the Act, — 26,070 19 7 Lands Department .. .. . .. .. .. .. 23,760 18 1 58,421 19 11 Native Department .. .. .. .. .. .. 52,987 3 6 76,748 1 7 84,492 19 6 Urewera Lands Aot, 1921-22, Section 10,— 29,323 8 4 Payment in Debentures 2,932 6 10 Interest on Debentures .. .. .. .. .. .. .. 1,466 3 4 1,466 3 4 32,255 15 2 Recoupments under the Finanoe Act, 1919, Seotion 4, — 147,775 4 1 Interest .. .. .. .. .. .. .. .. .. 76,749 16 5 5,986 3 10 Sinking Fund 76,749 16 5 153,761 7 11 6 6 5 Recoupment of Management Charges of Consolidated Stook .. .. .. • • : 98 14 5 Seotion 19 (1) of Land Laws Amendment Act, 1922, — 2,737 8 3 Expenses o administration recouped to the Consolidated Fund Land Act, 1924, Section 21,— 1,981 1 5 Expenses of administration recouped to the Consolidated Fund .. .. .. 3,972 18 1 Expenditure under Section 20, Subsection (4), of the Discharged Soldiers' Settlement Amendment Act, 1923 (Payment to Discharged Soldiers Settlement Account in reBpect of amount added to Capital Value of Land).. .. .. .. .. 2,031 10 0 Land Aot, 1924, Section 139, — r , t " Thirds " and " Fourths " paid over to Local Bodies' Deposit Aocounts .. •• 5,604 9 t Amortization of Debt, — Transfer to Loans Redemption Account for redemption of Securities under— New Zealand Loans Act, 1908 — Native Land Amendment Act, 1913 .. .. .. .. .. •• 2,400 0 0 Stamp Duty on transfers of New Zealand Consolidated Stock, 1935/45, — New Zealand Loans Aot, 1908— Native Land Amendment Aot, 1913 .. .. .. .. .. .. 106 19 3 Stamp Duty on transfers of New Zealand Consolidated Stook, 1944, — New Zealand Loans Act, 1908 — Native Land Amendment Aot, 1913 .. .. .. .. .. .. 174 19 11 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — 150 0 0 Native Land Amendment Act, 1913 (redemptions) .. .. .. .. 37 10 0 5,507 16 10 Native Land Amendment Aot, 1913 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/1945 — 203 8 8 Native Land Amendment Act, 1913 .. .. .. .. .. 11 14 10 j 49 4 10 5,761 5 6 Adjustment of entry inoorrectly shown in 1912-1913 Accounts,. — Amount shown as received from New Zealand State-guaranteed Advances Office in terms of Section 44, New Zealand State-guaranteed Advanoes Act, 1909, 1,500 0 0 should have been shown as per contra Adjustment of Entry incorrectly shown in 1923-24 Accounts, — Native Land Act, 1909, Section 274, and Native Land Amendment and Native Land Claims Adjustment Aot, 1923, Section 16, Subsection (3) — Principal .. .. .. .. .. .. .. .. .. 522 6 11 Adjustment of entry inoorreotly shown in 1923-24 Accounts, — New Zealand Loans Aot, 1908 — New Zealand Consolidated Stook, 1935/45 — Native Land Amendment Act, 1913 — Premiums .. .. .. .. .. .. .. .. .. 1 16 3 Balance at end of Year, — 67,982 15 6 Cash in the Publio Account .. .. .. .. 41,331 11 1 Imprests outstanding— 29 9 4 In the Dominion 90,000 0 0 Investment Account .. .. .. .. .. .. .. 63,000 0 0 104,331 11 1 158,012 4 10 £443,293 5 10 Totals .. .. .. .. .. .. .. £277,139 18 0 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69

B. I—[Pt. I].

56

PUBLIC ACCOUNTS, 1 925-1 926

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

PUBLIC DEBT 1924-1925. RECEIPTS. 1925-1926. £ s. d. Repayment of the Public Debt Act, 1925, Section 11,— £ s. d. £ s. d. Transfers from the Consolidated Fund— Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt i outstanding at 31st March, 1925 .. .. .. .. .. 870,640 13 6 Subsection (b), being 3J per cent, of the amount of the Public Debt cancelled during the year, computed from the dates of redemption .. .. .. 2,093 2 6 872,733 16 0 Totals .. .. .. .. .. .. £872,733 16 0 RAILWAYS IMPROVEMENT £ s. d. Balance at beginning of Year, —• £ s. d. £ s. d. 9,003 9 1 Cash in the Public Account .. .. .. .. .. .. 23,224 3 2 Imprests outstanding— In the Dominion.. .. .. .. .. .. .. .. 2,285 6 0 1,472 0 0 In London .. .. .. .. .. .. .. .. 12,291 16 5 821,000 0 0 Investment Acoount .. .. .. .. .. .. .. 539,800 0 0 577,601 5 7 831,475 9 1 1,000 2 11 Credits in reduotion of Expenditure under Seotion 5 of the Railways Improvement Authorization Act, 1914,--Duplications: Papakura-Penrose .. .. .. .. .. .. 200 Grade easements: Penrose-Mercer .. .. .. .. .. .. 31 10 0 New line, Auokland to Westfield .. .. .. .. .. .. 253 5 6 Signalling, interlocking and safety appliances .. .. .. .. 12,401 2 6 12,687 18 0 Credits in reduction of Expenditure under Section 7 of the Finanoe Act, 1924, — Paeroa Railway-station rearrangement .. .. .. •. .. 178 17 2 Tawa Flat Railway Deviation .. .. .. .. .. .. 41 10 4 Peliohet Bay Railway Deviation .. .. .. .. .. .. 4,416 12 5 Railway electric lighting .. .. .. .. .. .. .. 100 206 12 0 Hutt Valley Railway .. .. .. .. •• •• 447 18 5 Railway from Auckland Station-yard along Quay Street .. .. .. 3,500 0 0 1' 8,585 18 4 Credits in reduotion of Expenditure under Section 10 of the Finanoe Act, 1925, — Telephones, telegraphs, and signalling, interlocking and safety appliances .. 136 18 4 New workshops at Otahuhu and Petone, eto. .. .. .. .. .. 1,677 12 3 1,814 10 7 New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1945 — Railways Improvement Authorization Act, 1914 — Stook issued in respect of £500,000 authorized (part of £7,000,000 4J-per-cent. Stock Loan .. •• •• •• •• •• •• 500,000 0 0 Amount raised to cover oharges and expenses of raising £500,000 .. .. 42,004 10 10 Interest on Overdue Instalments .. .. .. .. •. 332 542,007 14 0 Adjustment of Amount incorrectly charged in 1924-25 Acoounts,— Expenditure under Seotion 5 of the Railways Improvement Authorization Act, 1914 .. 635 0 0 1832,682 4 0 Totals .. .. .. .. •• •• •• £1,143,332 6 6 Note —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showmg the net expenditure will be found on page b9.

B —l [PT. I

57

PUBLIC ACCOUNTS, 1925- 19 26.

for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

REPAYMENT ACCOUNT. 1924-J925. ; EXPENDITURE. 1925 - 1926 Gross. Gross. H (iS'TZj — ■ aWglmB^MaB' ■. """SI — ~~fl £ s. d. Securities redeemed and cancelled in terms of Section 13 of the Repayment of the £ s. d. £ s d Public Debt Act, 1925, — New Zealand Loans Act, 1908— Aid to Public Works and Land Settlement Act, 1900, and Finance Act, 1915, Section 106 (Nominal value, £500) .. .. .. .. .. 485 0 0 Finance Act, 1915, Section 105 (Public Works), (Nominal value, £35,050) .. 34,085 10 0 Finance Act, 1916, Section 35 (War Expenses), (Nominal value, £4,050) .. 3,868 0 0 Finance Act, 1918, No. 2, Part IV (War Expenses), (Nominal value, £3,100) .. 2,966 0 0 Land for Settlements Act, 1908, and Finance Act, 1915, Section 106 (Nominal value, £500) .. .. .. .. . . .. .. 485 0 0 War Purposes Loan Act, 1917 (Nominal value, £416,800) .. .. .. 416,058 10 0 War Purposes Loan Act, 1917, and Finance Act, 1917, Section 68 (Nominal value, £800) .. .. .. .. .. .. . . 780 0 0 New Zealand Consolidated Stock (maturing 1st November, 1929), (Nominal value, £152,862 13s. 2d.) .. .. .. .. .. .. 146,872 12 6 New Zealand Inscribed Stock Act, 1917— Finance Act, 1916, Section 35 (War Expenses), (Nominal value, £1,550) .. 1,493 7 0 Finance Act, 1918, Section 10 (War Expenses), (Nominal value, £270,200) .. 259,415 0 0 Finance Act, 1918, No. 2, Part IV (War Expenses), (Nominal value, £100) .. 97 10 0 War Purposes Loan Act, 1917 (Nominal value, £4,220) .. .. .. 4,031 4 0 870,637 13 6 Balance at end of Year, — Cash in the Public Account .. .. .. .. .. .. .. 2,096 2 6 Totals .. .. .. .. J .. £872,733 16 0 AUTHORIZATION ACT 1914 ACCOUNT. £ s. d. S, s. d. £ s. d. 213,586 15 2 Expenditure under Section 5 of the Railways Improvement Authorization Aot, 1914, — New stations and station-yards, &c., Auckland and Wellington .. .. 152,454 16 7 Duplications: Penrose-Papakura .. .. .. .. .. .. 30,260 7 4 Grade easements : Penrose-Mercer .. .. ,. .. .. .. 483 16 1 New engine-depot and approach-lines at Auckland ,. .. .. .. 12 10 8 Additions to Workshops at Newmarket and Petone .. .. .. .. 850 11 11 New line, Auckland to Westfield .. .. .. .. .. .. 168,740 6 5 Signalling, interlocking, and safety appliances .. .. .. .. 130,091 12 7 Bridge-strengthening .. .. .. .. .. .. .. 8,764 9 9 491,658 11 4 Expenditure under Section 7 of the Finance Act, 1924, — 5,615 18 2 l J aeroa Railway-station rearrangement .. .. .. .. .. 43,020 10 6 Palmerston North Railway Deviation .. .. .. .. .. 646 5 9 Tawa Flat Railway Deviation .. .. .. .. .. .. 4,264 16 0 9,541 11 6 Pelichet Bay Railway Deviation .. .. .. .. .. .. 5,913 11 10 7,417 0 1 Railway electric lighting .. .. .. .. .. .. .. 15,660 17 5 18,895 7 0 Hutt Valley Railway .. .. .. .. .. .. .. 75,586 14 11 24 6 6 New Plymouth Railway Works .. .. .. .. .. .. 6,213 18 5 Elimination of level-crossings over the railway .. .. .. .. 3,849 0 3 Railway from Auokland Station-yard along Quay Street .. .. .. 3,500 0 0 — 158,655 15 1 41,494 3 3 Expenditure under Section 10 of the Finanoe Act, 1925, — Rearrangement of or alterations and additions to stations .. .. .. 38,176 8 0 Deviation and duplication of railway between Ravensbourne and Burke's .. 857 18 3 Telephones, telegraphs, and signalling, interlocking and safety appliances .. 2,495 6 3 Workshops and equipment of Locomotive Branch .. .. .. .. 10 201 7 4 New Workshops at Otahuhu and Petone, and alterations and additions to workshops at Addington and Hillside .. .. .. .. .. 43,438 16 11 Miscellaneous works .. .. .. .. .. .. .. 75,178 17 9 _ 170,348 14 6 Charges and Expenses of raising Loans, — New Zealand Loans Aot, 1908 — Radways Improvement Authorization Aot, 1914 .. .. .. .. 42 007 14 0 Balance at end of Year, — 23,224 3 2 Cash in the Public Account .. .. .. .. .. .. 38,370 9 3 Imprests outstanding— 2,285 6 0 In the Dominion .. .. .. .. .. .. .. 4 506 1 0 12,291 16 5 In London .. .. .. .. .. .. .. 's85 l 4 539,800 0 0 Investment Aocount .. .. .. .. .. .. 236 900 0 0 280,661 11 7 577,601 5 7 £832,682 4 0 Totals .. .. .. .. .. .. .. £1,143,332 6 6 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25 For the purposes of comparison a summary showing the net expenditure will be found on page 69

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58

PUBLIC ACCOUNTS, 1 925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

RANGITAIKI LAND 1924-1925. RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 1,148 7 2 Cash in the Public Acoount .. .. .. . .. .. 42,013 7 2 Investment Account .. .. .. .. .. .. 7,000 0 0 49,013 7 2 Credits in reduction of Expenditure under Section 7 of the Rangitaiki Land Drain1,568 17 9 age Act, 1910 .. .. .. .. .. .. .. .. .. 1,037 10 5 Receipts under the Rangitaiki Land Drainage Act, 1910, — 10 6 8 "Thirds" .. .. .. .. .. .. .. .. 11 5 0 177 2 8 Miscellaneous .. .. .. .. .. .. .. .. 146 13 8 — 157 18 8 187 9 4 Rangitaiki Land Drainage Act, 1910, Sections 6 and 7, — 1,203 9 1 Rate Acoount .. .. .. .. .. .. .. .. 76 6 9 Interest on Securities held by Investment Acoount .. .. .. .. .. 918 12 1 . Appropriation Act, 1924, Section 14, — Transfer from Consolidated Fund (Ordinary Revenue Account) in respect of Rates— 8,403 2 2 Remission of Rates paid for the three years ended 31st March, 1924 .. 50,229 10 1 Remission of Rates owing for the three years ended 31st March, 1924 58,632 12 3 New Zealand Loans Aot, 1908,— Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1923, Section 5 — 27,100 0 0 Debentures issued Rangitaiki Land Drainage Amendment Aot, 1913, and Finance Act, 1924, Section 5, — 10,000 0 0 Debentures issued 37,100 0 0 £99,840 15 7 Totals .. .. .. .. .. .. .. £51,203 15 1 RESERVE FUND £ s. d. Balance at beginning of Year,— £ s. d. £ s. d. 2,000,000 0 0 Investment Aooount .. .. .. .. .. .. .. .. 2,000,000 0 0 £2,000,000 0 0 Totals .. .. .. .. .. .. .. £2,000,000 0 0 SAMOAN LOAN £ s. d. New Zealand Loans Act, 1908,— £ s. d. £ s. d. Finance Aot, 1921-22, Section 26 (Samoan Loans) — Debentures issued .. .. .. .. .. .. .. 5,000 0 0 Finance Act, 1925, Seotion 4 (Samoan Loans) — Debentures issued .. .. .. .. .. .. .. 10,000 0 0 15,000 0 0 Totals .. .. .. .. ., .. .. ' £15,000 0 0 STATE ADVANCES £ s. d. £ s. d. £ s. d. Balance at beginning of Year, — Cash in the Public Acoount— £ s. d. Advances to Settlers Branch .. .. .. .. 11,664 3 9 Advances to Workers Branch .. .. .. .. 3,622 6 0 Investment Account— —— 15,286 9 9 Advances to Settlers Branch .. .. .. .. 185,825 0 0 Advances to Workers Branch .. .. .. .. 143,675 0 0 — 329,500 0 0 344,786 9 9 Carried forward .. .. .. .. .. .. 344,786 9 9 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in redaction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

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59

PUBLIC ACCOUNTS, 19 2 5-1926

Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

9—B. 1 [PT. I].

DRAINAGE ACCOUNT. 192 r 4 ~ 1925 - EXPENDITURE. 1925 " 1926 ' Gross. Gross. I £ s. d. . £ a. d. £ s. d. 29,912 1 1 Expenditure under Section 7 of the Rangifcaiki Land Drainage Aot, 1910 .. .. 21,971 16 8 ■ Appropriation Act, 1924, Section 14, Subsection 2 ( b), and Appropriation Aot, 1925, Section 16— Refund of Rates .. .. .. .. .. .. .. .. .. 5,048 5 5 20,915 7 4 Recoupment of Interest under the Finance Aot, 1919, Section 4 .. Balance at end of Year, — 42,013 7 2 Cash in the Publio Account .. .. .. .. .. .. 4,183 13 0 7'000 0 0 Investment Account .. .. .. .. .. .. .. 20,000 0 0 ! — 24,183 13 0 49,013 7 2 £99,840 15 7 Totals .. .. .. .. .. .. .. £51,203 15 1 ACCOUNT. £ s. d. Balanoe ac end of Year, — £ s. d. £ s. d. 2,000,000 0 0 Investment Aocount .. .. .. .. .. .. .. .. 2,000,000 0 0 £2,000,000 0 0 Totals .. .. .. .. .. .. £2,000,000 0 0 SUSPENSE ACCOUNT. I £ s. d. Amount advanced to Samoan Treasury,— £ s. d. £ s. d. Samoan Act, 1921, Section 33, and Finance Act, 1921-22, Section 26 .. .. 5,000 0 0 Finance Act, 1925, Section 4 .. .. .. .. .. .. 10,000 0 0 15,000 0 0 1 Totals .. .. .. .. .. .. j .. £15,000 0 0 LOAN ACCOUNT. £ s. d. Amounts paid over to the State Advances Office on account of Loans raised,— £ s. d. £ s. d. 2,727,500 0 0 Advances to Settlers Branch .. .. .. .. .. .. 2,862,500 0 0 1,352,500 0 0 Advances to Workers Branch .. .. .. .. .. .. 1,512,500 0 0 Local Authorities Branch .. .. .. .. .. .. 10,000 0 0 , 4,385,000 0 0 4,080,000 0 0 4,080,000 0 0 Carried forward .. .. .. .. .. 4,385,000 0 0 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction oi expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

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60

PUBLIC ACCOUNTS, 1925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

1924-1925. 1 RECEIPTS. 1925-1926. I ; _i „ £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 344,786 9 9 New Zealand Loans Act, 1908, — State Advances Act, 1913— Advances to Settlers Branch — New Zealand Inscribed Stock Act, 1917— 1,125,000 0 0 Inscribed Stock issued .. .. .. .. .. .. 1,907,205 0 0 Inscribed Stock (Death Duty) issued .. .. .. .. 157,200 0 0 300,000 0 0 Debentures issued .. .. .. .. .. .. 522,550 0 0 Advances to Workers Branch —■ Debentures issued .. .. .. .. .. .. .. 97,010 0 0 New Zealand Inscribed Stock Act, 1917 — Inscribed Stock issued .. .. .. .. .. .. 395,990 0 0 Inscribed Stock (Death Duty) issued .. .. .. .. 7,000 0 0 Advances to Local Authorities BranchDebentures issued .. .. .. .. .. .. .. 10,000 0 0 State Advances Act, i 913 — N.Z. Consolidated Stock, 1944— Stock issued in respect of £2,000,000 authorized (part of £5,000,000 4J-per-cent. Stock Loan) — 1,000,000 0 0 Advances to Settlers Branch 1,000,000 0 0 Advances to Workers Branch Interest on overdue instalments— 3 18 0 Advances to Settlers Branch 3 18 0 Advances to Workers Branch Stock issued in respect of £1,000,000 authorized— 500,000 0 0 Advances to Settlers Branch 500,000 0 0 Advances to Workers Branch Stock issued in respect of amouat required to cover expenses of raising £2,000,000 authorized (part of £5,000,000 Stock Loan) — 71,449 13 1 Advances to Settlers Branch 71,449 13 1 Advances to Workers Branch Stock issued in respect of amount required to cover expenses of raising £1,000,000— 27,578 5 5 Advances to Settlers Branch 27,578 5 4 Advances to Workers Branch Stock issued in respect of amount required to cover Stamp Duty on Transfers — 4,104 10 0 Advances to Settlers Branch 4,104 10 0 Advances to Workers Branch New Zealand State-guaranteed Advances Acts, 1909 and 1910— New Zealand Consolidated Stock, 1944 — Stock issued in respect of amount required to cover Stamp Duty on transfers of New Zealand Consolidated Stock, 1944— 11 1 9 Advances to Settlers Branch 207 18 7 Advances to Workers Branch New Zealand Consolidated Stock, 1945— State Advances Act, 1913 — Advances to Settlers Branch—■ Stock issued in respect of £1,000,000 authorized (part of £7,000,000 4J-per-cent. Stock Loan) .. .. .. .. .. .. 1,000,000 0 0 Stock issued to cover Charges and Expenses of raising £1,000,000 .. 84,009 1 8 Interest on Overdue Instalments .. .. .. .. .. 664 Advances to Workers Branch—• Stock issued in respect of £1,000,000 authorized (part of £7,000,000 4|-per-cent. Stock Loan) .. .. .. .. .. .. 1,000,000 0 0 Stock issued to cover Charges and Expenses of raising £1,000,000 .. 84,009 1 8 Interest on Overdue Instalments .. .. .. .. .. 664 New Zealand Consolidated Stock, 1951— State Advances Act, 1913— Advances to Settlers Branch — 5i-per-cent. Stock issued to mature 1st February, 1951 .. .. 1,250,000 0 0 ~ 6,514,985 16 0 4,631,491 13 3 Amounts received from the State Advances Office to cover Charges and Expenses of raising loans, — New Zealand State-guaranteed Advances Acts, 1909 and 1910 — 0 0 7 Advances to Settlers Branch 0 10 4 Advances to Workers Branch State Advances Act, 1913— 10 7 6 Advances to Settlers Branch 10 7 6 Advances to Workers Branch 21 5 11 — Amounts received from the State Advances Office to cover Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944,— New Zealand State-guaranteed Advances Acts, 1909 and 1910—0 8 0 Advances to Settlers Branch .. .. .. .. ■. . . 3 15 9 7 11 8 Advances to Workers Branch .. .. .. .. .. • • 71 1 1 State Advances Act, 1913 — 149 14 10 Advances to Settlers Branch .. .. .. .. .. 1,402 15 0 149 14 10 Advances to Workers Branch .. .. . .. .. 1,402 15 0 2,880 6 10 307 9 4 — Adjustment of entries incorrectly shown in 1924-25 Accounts,' — Charges and Expenses of raising Loans— New Zealand Loans Act-— New Zealand State-guaranteed Advances Acts, 1909 and 1910 — Advances to Settlers Branch .. .. .. .. .. 10 16 3 Advances to Workers Branch .. .. .. .. .. 202 14 0 213 10 3 £4,631,820 8 6 Totals .. .. .. .. .. .. .. £6,862,866 2 10 Note. — In these accounts the credits-in-aid (section 22, Appropriation Act, 1923)and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison, a summary showing the net expenditure will be found on page 69.

B.—l [PT. I].

61

PUBLIC ACCOUNTS, 1 925-1926

STATE ADVANCES LOAN ACCOUNT —continued.

1924-1925. EXPENDITURE. 1925—1926. Gross. Gross. £ s. d. £ s. d. £ a. d. 4,080,000 0 0 Brought forward .. .. .. .. .. .. 4,385,000 0 0 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944,— New Zealand State-guaranteed Advances Acts, 1909 and 1910 Advances es Settlers Branch .. .. .. .. .. .. 3 15 9 Advances to Workers Branch .. .. .. .. .. .. 7111 State Advances Act, 1913 —• Advances to Settlers Branch .. .. .. .. .. .. 1,402 15 0 Advances to Workers Branch .. .. .. .. .. .. 1,402 15 0 2,880 6 10 . I New Zealand Loans Act, 1908, — Charges and Expenses of raising loans — New Zealand State-guaranteed Advances Acts, 1909 and 1910 (redemption)— 11 6 9 Advances to Settlers Branch 212 11 5 Advances to Workers Branch State Advances Act, 1913— 99,226 18 1 Advances to Settlers Branch .. .. .. .. .. .. 97,910 6 7 99,226 18 0 Advances to Workers Branch.. .. .. .. .. .. 84,386 14 2 182,297 0 9 198,677 14 3 Stamp Duty on Transfers of 4£-per-cent. New Zealand Consolidated Stock, 1944 — New Zealand State-guaranteed Advances Acts, 1909-10—• 10 19 10 Advances to Settlers Branch 206 3 2 Advances to Workers Branch State Advances Act, 1913 — 4,069 10 9 Advances to Settlers Branch 4,069 10 9 Advances to Workers Branch .. 8,3-56 4 6 Balance at end of Year, — Cash in the Public Account— £ s. d. 11,664 3 9 Advances to Settlers Branch .. .. .. .. 138,845 1 5 3,622 6 0 Advances to Workers Branch .. .. .. .. 12,628 13 10 Investment Account— — 151,473 15 3 185,825 0 0 Advances to Settlers Branch .. .. .. .. 2,019,215 0 0 143,675 0 0 Advances to Workers Branch .. .. .. .. 122,000 0 0 2,141,215 0 0 344,786 9 9 2,292,688 15 3 ' I 14,631,820 8 6 Totals .. .. .. .. .. .. .. £6,862,866 2 10 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown ss receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

62

B.—l [Pt. I].

PUBLIC ACCOUNTS, 1925-1 92 6.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

STATE FORESTS I j 1924-1925. j RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year, — ! £ s. d. £ s. d. j 10,913 16 10 Cash in the Public Account .. .. .. .. .. .. 4,399 10 10 144,700 0 0 Investment Account .. .. .. .. .. .. .. j 165,000 0 0 ! j— 169,399 10 10 155,613 16 10 Credits-in-Aid, — 1,959 16 10 Vote—State Forest Service .. .. .. .. .. .. 1,513 16 9 « Credits in reduction, — 4,206 5 0 Unauthorized .. .. .. .. .. .. .. .. 1 .. 30 16 8 181 0 11 Recoveries on account of Expenditure of previous Years .. .. ... .. 200 17 5 10,996 14 7 Receipts from Nurseries and Plantations .. .. .. .. .. j .. 13,391 1 10 110,654 16 10 Receipts from Indigenous Forests .. .. .. .. .. .. .. 111,053 6 0 Forests Act, 1921-22, Section 39, — 22,539 14 7 Receipts from National Endowment Indigenous Forests .. .. .. .. 29,859 11 9 3,342 12 3 Miscellaneous Receipts .. .. .. .. .. .. •• .. 4,608 18 2 Finance Act, 1925, Section 43, Subsection 4, — Contributions received from Local Authorities in respect of the Purchase of the Akatarawa Reserve—■ Wellington City Council .. .. .. .. .. .. 4,343 12 7 Lower Hutt Borough Council .. .. .. .. .. .. j 98 6 10 Petone Borough Council .. .. .. . • .. .. .. J 388 7 8 Upper Hutt Borough Council .. .. .. .. .. .. 151 15 8 Hutt County Council .. .. .. .. .. .. .. 191 19 2 5,174 1 11 Finance Act, 1924, Section 16 (4), — 10,755 0 8 Receipts from sale of timber on Selwyn Settlement .. 6,726 12 0 Interest on Securities held by Investment Account .. .. .. .. .. 7,178 1 10 New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1935/1945 — Forests Aot, 1921-22— 5-per-cent. Inscribed Stock issued in respect of Amount required to cover 93 11 9 Stamp Duty on Transfers .. .. .. .. .. Forests Act, 1921-22, Section 40, and Finance Act, 1924, Section 16 — 100,000 0 0 Debentures issued State Forests Amendment Act, 1919, and Forests Act, 1921-22, Section 3, — Revenue from National Endowment Indigenous Forests received prior to 31st March, 1924, and credited to Rents, Royalties, &o., now transferred to separate 28,504 11 4 heading ,. .. .. .. .. .. .. .. j £455,574 13 7 Totals .. .. .. .. .. .. £342,410 3 2 SWAMP LAND £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 5,859 17 8 Cash in the Public Account .. .. .. .. .. 7,865 17 3 Investment Account .. .. .. .. .. .. .. 25,000 0 0 32,865 17 3 Credits in reduction of Expenditure under Section 4 of the Swamp Drainage Act, 1915, and Section 95 of the Reserves and Other Lands Disposal and Public Bodies 74g 2 5 Empowering Act, 1916 .. .. .. .. .. .. .. .. 649 14 7 Swamp Drainage Act, 1915, Section 8, — 10 0 Thirds .. .. .. .. .. .. .. .. .. .. 11 19 4 208 7 8 Miscellaneous Receipts .. .. .. .. .. .. .. .. 399 10 0 M Interest on Securities held by Investment Account .. .. .. .. .. 632 12 0 New Zealand Loans Act, 1908, — Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46— 40,000 0 0 Debentures issued .. .. .. .. .. .. .. 35,000 0 0 New Zealand Consolidated Stock, 1944 — 50,000 0 0 Stock issued in respect of £50,000 authorized (4 J-per-cent. Stock Loan) 90,000 0 0 £96,815 7 9 Totals* .. .. .. .. .. .. .. £69,559 13 2 . j " ' Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

63

B.—l [FT. I].

PUBLIC ACCOUNTS, 1 925 -1 92 6

Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

10— B. 1 [PT. 11.

ACCOUNT. "f- m - EXPENDITURE. Gross. Gross. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 116,257 12 5 Vote—State Forest Service .. .. .. .. .. .. 166,020 11 6 Unauthorized Expenditure,— 4,206 5 0 Services not provided tor .. .. .. .. .. .. .. 30 16 8 166,051 8 2 120,463 17 5 Recoupments under the Finance Act, 1919, Section 4, — 23,157 6 7 Interest .. .. .. .. .. .. .. .. .. 28,003 16 7 893 0 10 Sinking Fund 28,003 16 7 24,050 7 5 2 11 7 Recoupment o! Management Charges of Consolidated Stock .. .. .. .. 31 17 6 Forests Act, 1921-22, Section 39 (2), — 12,611 11 7 Transfer to National Endowment Account .. .. .. .. .. _ g 740 12 2 Finance Act, 1924, Section 16 (2), — 100 000 0 0 Transfer to Land for Settlements Account for purchase of part of Selwyn Settlement Reserves and other Lands Dosposal and Public Bodies Empowering Act, 1924, 459 8 6 Section 62 (transfer to Deposits Account for payment to the Native Owners) Finance Act, 1925, Section 43, Subsection (3) — Purchase of Akatarawa Reserve .. .. .. .. .. .. .. 10,624 16 9 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45, — Forests Act, 1921-22 .. .. .. .. .. .. .. .. 85 11 6 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45 — 82 14 11 Forests Aot, 1921-22 .. .. .. .. .. .. .. .. 979 Receipts from National Endowment Indigenous Forests received prior to 31st March, 1924, and credited to Rents, Royalties, See., now transferred to separate 28,504 11 4 heading Adjustment of Amount incorrectly shown in 1924-25 Accounts, — New Zealand Loans Act. 1908 — New Zealand Consolidated Stock, 1935/45 — Forests Act, 1921-22—■ Premiums .. .. .. .. .. .. .. .. 190 Balance at end of Year,— 4,399 10 10 Cash in the Public Account .. .. .. .. .. .. 2,358 3 11 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 2 19 10 165,000 0 0 Investment Account .. .. .. .. .. .. .. 125,500 0 0 — 127,861 3 9 169,399 10 10 £455,574 13 7 Totals .. .. .. .. .. .. .. £342,410 3 2 DRAINAGE ACCOUNT. £ s. d. Expenditure under Section 4 of the Swamp Drainage Aot, 1915, and Seotion 95 of the £ s. d. £ s. d. 45,203 6 6 Reserves and other Lands Disposal and Public Bodies Empowering Aot, 1916 .. .. 47,623 14 11 Expenditure under Section 2 of the Swamp Drainage Amendment Act, 1922, — 115 9 11 Administration Expenses .. .. .. .. .. .. .. 5 2 7 1,058 4 0 Improvement of Crown Lands . r 9 7 1,173 13 11 16,195 10 11 Recoupment of Interest under the Finance Act, 1919, Section 4 .. .. .. .. 9,378 18 9 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 5 15 11 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944, — Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 .. ■ .. .. 43 15 0 New Zealand Loans Act, 1908, — Charges and Expenses of raising loans— 1,376 19 2 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 Balance at end of Year,— 7,865 17 3 Cash in the Public Account .. .. .. .. .. .. 12,430 6 0 Imprests outstanding—In the Dominion .. . . . . . . . . 72 0 0 25,000 0 0 Investment Account — 12,502 6 0 32,865 17 3 £96,815 7 9 Totals .. .. .. .. .. .. .. £69,559 13 2 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receii>ts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will bo found on page 69.

B.—l [PT. I].

64

PUBLIC ACCOUNTS, 1925-1926.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

WAR EXPENSES 1924-1925, RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 58,11S 3 5 Gash in the Public Account .. .. .. .. .. .. 962 0 8 Imprests outstanding— 0 10 0 In the hands of Officers of the Government 2 0 4 In London .. .. .. .. .. .. .. .. 822 13 8 87,760 10 8 Investment Acoount .. .. .. .. .. .. .. 6,695 3 2 : 8,479 17 6 145,881 4 5 i Credits-in-Aid — 112,537 1 7 Vote —War Expenses .. .. .. .. .. .. .. 6,362 19 5 415 13 1 Recoveries on account of Expenditure of previous Year .. .. .. .. .. 25,598 13 10 Contributions received towards Expenses of the War, — War Contributions Validation Act, 1914 — 1 025 7 9 Transfer of various amounts originally credited to Deposit Accounts .. £259,859 6 10 Totals .. .. .. .. .. .. £40,441 10 9 WESTPORT HARBOUR £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 19,408 5 6 Cash in the Public Account.. .. .. .. .. .. 19,315 10 9 Investment Aecouut .. .. .. , - .. .. .. 36,000 0 0 — 55,315 10 9 19,408 5 6 Credits-in-Aid, — ,J5 0 0 Vote —Westport Harbour .. .. .. .. .. .. ,, .. 62 8 0 20,445 2 2 Wharfage .. .. .. .. .. .. .. .. .. .. 20,953 16 11 6,882 3 6 Special Coal Rate .. .. .. .. .. .. .. .. .. 7,028 1 3 4,891 110 Port Charges .. .. .. .. .. .. .. .. .. 5,368 14 7 14,911 11 9 Endowments .. .. .. .. .. .. .. .. .. 18,372 15 7 106 3 0 B8Ets •• •• •• •• .. 66 5 0 362 4 0 on Investments .. .. .. .. .. .. .. ., 2 021 7 8 1,967 11 5 Miscellaneous Receipts .. .. .. .. .. .. .. # g 10g j £69,029 3 2 Totals .. .. .. .. .. .. .. £112,298 0 10 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are »'iown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B. —1 [PT. I].

PUBLIC ACCOUNTS, 1 925- 1 926.

or the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

65

ACCOUNT. 1924—1925. a QOC EXPENDITURE. 1925-1926. Gross - Gross. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 243,158 13 10 Vote—War Expenses .. .. .. .. .. .. .. .. 6,982 9 6 Amortization of Debt, — Transfer to Loans Redemption Account for Redemption and Cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities as under— New Zealand Loans Act, 1908 — 96 15 0 Finance Act, 1918, No. 2, Part IV (War Expenses), (nominal value, £100) 3,383 5 0 War Purposes Loan Act, 1917 (nominal value, £3 500) New Zealand Inscribed Stock Act, 1917 — 48 12 6 Finance Act, 1910, Section 35 (War Expenses), (nominal value, £50) 676 0 0 Finance Act, 1918, Section 10 (War Expenses),/nominal value, £700) 3,091 5 0 War Purposes Loan Act, 1917 .. .. .. .. .. 16 18 10 16 18 10 7,295 17 6 New Zealand Loans Act, 1908, — Charges and Expenses of raising Loans— 40 8 0 Finance Act", 1918 (No. 2), Part IV (War Expenses), (Redemptions) .. .. 39 12 6 74 18 0 Finance Aot, 1918, Seotion 10 (War Expenses), (Redemptions) .. .. 0 7 0 809 12 0 War Purposes Loan Act, 1917 (Redemptions) .. .. .. .. 202 8 0 242 7 6 924 18 0 Finance Act, 1925, Section 13, Subsection (1),— Balance of account transferred to Loans Redemption Account for Reduction of War Debt .. .. .. .. .. .. .. .. .. 33,199 14 11 Balanoe at end of Year, — 962 0 8 Cash in the Public Account Imprests outstanding— 822 13 8 London 6 695 3 2 Investment Account 8,479 17 6 £259,859 6 10 Totals .. .. .. .. .. .. .. £40,441, 10 9 ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 13,659 5 8 Vote—Westport Harbour .. .. .. .. .. .. 18,559 2 11 Unauthorized Expenditure,— Services not provided for .. .. .. .. .. .. .. 10 19 6 1 18,570 2 5 Recoupments under the Finance Act, 1919, Section 4, — 54 6 9 Sinking Fund Amortization of Debt, — Transfer to Loans Redemption Account for redemption and cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities as under, — New Zealand Loans Act, 1908— Westport Harbour Act, 1920, and Appropriation Aot, 1919, Section 32 .. .. 23,707 1 8 Balance at end of Year, — 19,315 10 9 Cash in the Public Account .. .. .. .. .. .. 21,520 16 9 36,000 0 0 Investment Acoount .. .. .. .. .. .. .. 48,500 0 0 70,020 16 9 55,315 10 9 £69,029 3 2 Totals .. .. .. .. .. .. .. £112,298 0 10 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

&—1 I PT. 11.

PUBLIC ACCOUNTS, 1 9 25-19 26

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

66

WORKING RAIL-1924-1925. | RECEIPTS. 1925-1926. £ s. d. Credits-in-Aid,— £ s. d. £ «. d. Vote—Working Railways .. .. .. .. .. .. .. .. 574,793 8 1 Railway Revenue .. .. .. .. .. .. .. .. .. 7,872,512 9 1 Government Railways Amendment Act, 1925, Section 4, — Transfers from Consolidated Fund— Subsection 1 (a) (Liability of Consolidated Fund as at 1st April, 1925) .. 473,392 6 0 Subsection 1 (b) (Interest on Liability of Consolidated Fund from 1st April, 1925, to date of payment) .. .. .. .. .. .. 1,945 10 8 Subsection 1 (d) (Losses on Isolated Sections and Branch Lines) .. .. 344,829 18 7 — — 820,167 15 3 Interest on Securities held by Investment Acoount .. .. .. .. .. 434 15 8 • Totals .. .. .. .. .. .. .. £9,267,908 8 1 NEW ZEALAND . . £ s. d. Balance at beginning of Year,— £ s. d. £ s. a. 6_ 14 0 Cash in Deposit Account .. .. .. .. .. .. .. 6 14 0 475,986 0 0 Investment Account .. .. .. .. .. .. .. 475,985 0 0 475,991 14 0 475,891 14 0 £475,991 14 0 Totals .. .. .. .. .. .. £475,991 14 0 PUBLIC ACCOUNT CASH BALANCE £ s. d. Fiuanoe Act, 1920, Section 28, — £ s. d. £ s. d. Amounts placed on Fixed Deposit with various Banks and Discount Companies 2,075,000 0 0 now repaid to Publio Accouut .. .. .. .. .. .. 486,000 0 0 644,014 11 8 Imperial Government Treasury Bills matured (nominal value, £650,000) 4-per-cent. New Zealand Consolidated Stock, 1929, sold to Ordinary Revenue 239,580 12 6 Acoount (nominal value, £250,000) Debentures under State Advances Aot, 1913 (Advanoes to Workers Branch), sold 750,000 0 0 to Ordinary Revenue Account 486,000 0 0 £3,708,595 4 2 Totals .. .. .. .. .. .. .. £486,000 0 0 Note.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

67

B.—l [PT. I].

PUBLIC ACCOUNTS, 1925-1 926.

for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

E. E. Hayes, Examined and found correct. Secretary to the Treasury G. P. C. Campbell, Controller and Auditor-General. A. D. Park, 25th May, 1926. Accountant to the Treasury. The Treasury, Wellington, 25th May, 1926.

WAYS ACCOUNT. 1924-1925. EXPENDITURE 1925—1926. Gross. Gross. £ s. d. Annual Appropriation,— £ s. d. £ a. d. Vote—Working Railways .. .. .. .. .. .. .. 6,555,591 1 1 Unauthorized Expenditure,— Services not provided for .. .. .. .. .. .. 856 5 0 6,556,447 6 1 Government Railways Amendment Act, 1925, Section 5 (1) (a) — Interest on oapital money expended on Railways .. .. .. .. .. 1,913,310 14 9 Balance at end of Quarter, — Cash in the Public Account .. .. .. .. .. .. 614,528 13 4 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 20 4 4 In London .. .. .. .. .. .. .. 8,601 9 7 Investment Account .. .. .. .. .. .. .. 175,000 0 0 798,150 7 3 Totals ,. .. .. .. .. .. £9,267,908 8 1 CONSOLS ACCOUNT. £ s. d. Finance Act, 1925, Section 11, — £ s. d. £ s. d. Balance of Acoount transferred to Consolidated Fund.. .. .. .. .. 475,991 14 0 Balance at end of Year, — 6 14 0 Cash in Deposit Aooount 475,985 0 0 Investment Acoount 475,991 14 0 i475,991 14 0 Totals .. .. .. .. .. .. .. £475,991 14 0 INVESTMENT ACCOUNT. £ s. d. Finance Act, 1920, Section 28, — £ s. d. £ s. d. Amounts placed on Fixed Deposit with various Banks and Discount Companies 2,075,000 0 0 during the Year .. .. .. .. .. .. .. 486,000 0 0 Imperial Government Treasury Bills purchased during the Year (nominal value, 644,014 11 8 £650,000) 4-per-oent. New Zealand Consolidated Stook, 1940, purchased during the Year 239,580 12 6 (nominal value, £250,000) State Advances Act, 1913 (Advances to Workers Branoh) — 750,000 0 0 Debentures purohased during the Year .. .. .. 486,000 0 0 £3,708,595 4 2 Totals .. .. .. .. .. .. .. £486,000 0 0 Note.—In these accounts the oredits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.

B.—l [PT. I].

PUBLIC ACCOUNTS, 19 2 5-1926.

SUMMARY of BALANCES on 31st MARCH, 1926.

68

s I - Cash. ] Imprests. | Investments. Total, * I J Consolidated Fund:— £ s. d. £ ». d. £ 5. d. f «. d 4 Ordinary Revenue Aoooum .. 2,343,167 17 10 226,349 17 4 1,858,574 5 3 4,428,092 0 5 8 State Coal-mines Account .. 1,071 17 7 .. 17,500 0 0 18,571 17 7 8 State Coal-mines Sinking Fund Account .. .. .. 318 11 8 .. 47,880 0 0 48,198 11 8 10 Nauru and Ooean Islands Account 3,125 11 6 .. .. 3 t 125 11 6 10 Nauru and Ocean Islands Sinking Fund Account .. .. 18 15 3 .. .. 18 15 3 10 Accounts of Local Bodies .. 10,463 17 3 .. .. 10,463 17 3 12 Deposit AooountB .. .. 1,487 17 9 6,682 4 11 345,450 0 0 353,620 2 8 2,359,654 8 10 233,032 2 3 2,269,404 5 3 4,862,090 16 4 Public Works Fond:— 14 General Purposes Account .. 366,331 4 7 101,089 16 9 59,000 0 0 526,421 1 4 18 The Waihou and Ohinemuri Rivers Improvement Aocount 19,455 19 4 2,253 16 4 .. 21,709 15 8 18 Electric Supply Account .. 2,350 6 8 45,761 7 9 90,000 0 0 138,111 14 5 18 Electric Supply Sinking Fund Acoount .. .. .. 15 1 .. 17,390 0 0 17,391 5 1 388,138 15 8 149,105 0 10 166,390 0 0 703,633 16 6 30 Land fob Settlements Account. . 679 15 1 5,488 1 6 127,000 0 0 133,167 16 7 32 Land fob Settlements Account (Discharged Soldiers Settlement Acoount) .. .. .. 20,414 14 8 858 7 10 50,000 0 0 71,273 2 6 32 Land foe Settlements Account (Opening up Crown Lands for Settlement Account) 4 . .. 6,602 11 0 .. .. 6,602 11 0 27,697 0 9 6,346 9 4 177,000 0 0 211,043 10 1 20 Advances to otheb Governments Account .. .. .. .. 31,512 5 6 .. 31,512 5 6 20 Bank of New Zealand Acts Account .. .. .. .. .. 875,000 0 0 875,000 0 0 20 Cheviot ESTATE Account ... 73,688 13 9 .. 131,220 0 0 204,906 13 9 22 Deteriorated Lands Account .. 1,727 10 1 .. .. 1,727 10 1 22 Discharged Soldiers Settlement Account .. .. .. 15,169 19 4 11,284 12 4 99,819 0 9 126,273 12 5 24 Discharged Soldiers Settlement Loans Act 1920 Depreciation Fund Account .. .. 18,19'6 12 5 .. 276,850 0 0 295,046 12 5 24 Education Loans Account .. 39,775 10 7 379 16 11 .. 40,155 7 6 26 General Purposes Relief Account .. .. .. 6,313 15 11 .. 15,000 0 0 21,313 15 11 26 Hauraki Plains Settlement Acct. 33,433 17 2 71 19 10 .. 33,505 17 0 28 Hunter Soldiers' Assistance Trust Account .. .. 334 5 11 .. 2,750 0 0 3,084 5 11 28 Kauri-gum Industry Account .. 3,441 18 5 .. .. 3,441 18 5 28 Land Assurance Fund Account .. 2,359 9 9 .. 78,400 0 0 80,759 9 9 34 Loans Redemption Account .. 18,508 15 5 .. .. 18,508 15 5 50 Main Highways Account Revenue Fund.. .. .. .. 2,608 13 5 0 1 6 652,000 0 0 654,608 14 11 50 Main Highways Account : Construction Fund .. .. 10,466 4 0 19,637 17 6 90,000 0 0 120,104 1 6 52 Mining Advances Account .. 2,646 0 5 .. 10,000 0 0 12,646 0 5 52 National Endowment Account .. 26,393 9 8 .. 100,100 0 0 126,493 9 8 52 National Endowment Trust Acct. 516 7 6 .. 19,690 0 0 20,206 7 6 54 Native Land Settlement Account 41,331 11 1 .. 63,000 0 0 104,331 11 1 56 Public Debt Repayment Account 2,096 2 6 .. .. 2,096 2 6 56 Railways Improvement Authorization Act 1914 Account .. 38,370 9 3 5,391 2 4 236,900 0 0 280,661 11 7 58 Rangitaiki Land Drainage Acct. 4,183 13 0 .. 20,000 0 0 24,183 13 0 58 Reserve Fund Account.. .. .. .. 2,000,000 0 0 2,000,000 0 0 58 State Advances Loan Account .. 151,473 15 3 .. 2,141,215 0 0 2,292,688 15 3 62 State Forests Account .. .. 2,358 3 11 2 19 10 125,500 0 0 127,861 3 9 62 Swamp Land Drainage Account.. 12,430 6 0 72 0 0 .. 12,502 6 0 64 Westfort Harbour Account .. 21,520 16 9 .. 48,500 0 0 70,020 16 9 66 Working Railways Account .. 614,528 13 4 8,621 13 11 175,000 0 0 798,150 7 3 Totals.. .. £3,919,363 0 1 £465,458 2 1 £9,773,738 6 0 £14,158,559 8 2

69

B.—l [PT. I.

PUBLIC ACCOUNTS, 1925-1926.

SUMMARY showing NET EXPENDITURE for the Year ended 31st March, 1926, compared with that for the Year ended 31st March, 1925.

h Year ended Year ended 5 * Credits. 31st March, 1926. 31st March, 1925. P-, expenditure. Net _ - Nbt _ Consolidated Fund : — Ordinary Revenue Account — £ 9. d. £ s. d. £ s. d. £ 8. d. 4 Under Permanent Appropriations .. 15,729,735 5 11 2,142,807 14 4 13,586,927 !1 7 12,638,510 13 5 4 Under Annual Appropriations.. .. 11,737,540 13 9 1,754,384 17 11 9,983,155 15 10 14,760,688 18 2 4 Miscellaneous .. .. .. 2,916,469 11 6 .. 2,916,469 11 6 4,355,353 14 5 8 State Coal-mines Account .. .. 240,587 14 6 1,395 5 4 239,192 9 2 280,225 13 9 10 Nauru and Ocean Islands Account .. 76,357 3 5 .. 76,357 3 5 37,166 9 3 10 Nauru and Ocean Islands Sinking Fund Account .. .. .. .. 20,150 0 0 .. 20,150 0 0 10 Accounts of Local Bodies .. .. 22,556 0 9 .. 22,556 0 9 30,237 3 11 12 Deposits Account .. .. .. 1,762,061 6 8 .. 1,762,061 6 8 3,854,576 4 9 Public Works Fund General Purposes Account— 14 Under Annual Appropriations.. .. 5,071,465 3 6 753,060 17 6 4,318,404 6 0 4,131,439 10 5 14 Miscellaneous .. .. .. 922,683 17 0 .. 922,683 17 0 968,369 16 8 18 Waihou and Ohinemuri Rivers Improvement Account .. .. .. .. 52,069 9 8 1,296 19 6 50,772 10 2 58,427 5 5 18 Electric Supply Account .. .. 1,248,788 5 2 36,587 10 2 1,212,200 15 0 1,061,940 16 4 20 Advances to other Governments Account 300,988 13 2 .. 300,988 13 2 337,569 16 8 20 Cheviot Estate Account .. .. 45,375 15 5 .. 45,375 15 5 10,193 0 0 22 Conversion Account .. .. .. 6,073 15 2 .. 6,073 15 2 22 Deteriorated Lands Account .. .. 272 9 11 .. 272 9 11 22 Discharged Soldiers Settlement Account 1,693,896 10 10 28,778 5 8 1,665,118 5 2 1,674,433 17 0 24 Discharged Soldiers Settlement Loans Act, 1920, Depreciation Fund Account 38,564 7 6 .. 38,564 7 6 24 Education Loans Account .. .. 571,174 2 4 6,224 10 6 564,949 11 10 462,212 0 5 26 General Purposes Reliee Account .. 2,922 4 0 .. 2,922 4 0 17,654 2 1 26 Hauraki Plains Settlement Account .. 75,521 11 2 10,545 16 6 64,975 14 8 79,186 7 10 28 Howard Estate Account .. .. 242 10 11 .. 242 10 11 232 9 10 28 Hunter Soldiers Assistance Trust Account .. .. .. .. 127 1 2 .. 127 1 2 28 1 5 28 Kauri-gum Industry Account .. .. 14,587 6 1 69 2 11 14,518 3 2 20,124 15 11 28 Land Assurance Fund Account .. 10,120 13 3 .. 10,120 13 3 188 18 1 30 Land eor Settlements Account .. 509,486 4 4 24,816 8 11 484,669 15 5 745,651 4 4 32 Land for Settlements Account : Discharged Soldiers Settlement Account 21,730 15 6 4,283 10 2 17,447 5 4 106,053 19 1 32 Land for Settlements Account : Opening up Crown Lands eor Settlement Account 25,339 10 2 12 17 11 25,326 12 3 32,439 5 4 32 Loans to Employers eor Workers' Dwellings Account .. .. .. .. .. .. 90 14 1 50 Main Highways Account: Revenue Fund 308,424 1 1 5,227 17 6 303,196 3 7 123,981 2 11 50 Main Highways Account : Construction Fund .. .. .. .. 488,423 3 2 15,966 16 1 472,456 7 1 225,454 4 9 52 Mining Advances Account .. .. .. .. .. 6,316 10 1 52 National Endowment Account .. 149,493 15 11 .. 149,493 15 11 130,120 16 7 52 National Endowment Trust Account .. 1,773 2 8 .. 1,773 2 8 54 Native Land Settlement Account .. 172,808 6 11 159 9 8 172,648 17 3 284,511 1 8 66 New Zealand Consols Account .. 475,991 14 0 .. 475,991 14 0 56 Public Debt Repayment Account .. 870,637 13 6 .. 870,637 13 6 56 Railways Improvement Authorization Act 1914 Account .. .. .. 862,670 14 11; 23,088 6 11 839,582 8 0 253,874 3 6 58 Rangitaiki Land Drainage Account .. 27,020 2 1 j 1,037 10 5 25,982 11 8 49,258 10 8 58 Samoan Loan Suspense Account .. 15,000 0 0 .. 15,000 0 0 58 State Advances Loan Account .. 4,570,177 7 7 .. 4,570,177 7 7 4,287,033 18 9 62 State Forests Account .. .. 214,548 19 5 1,544 13 5 213,004 6 0 280,009 0 il 62 Swamp Land Drainage Account .. 57,057 7 2 j 649 14 7 56,407 12 7 63,203 8 1 64 War Expenses Account .. .. 40,441 10 9 6,362 19 5 34,078 11 4 138,842 7 9 64 Westport Harbour Account .. .. 42,277 4 1 62 8 0 42,214 16 1 13,658 12 5 66 Working Railways Account .. .. 8,469,758 0 10 574,793 8 1 7,894,964 12 9 Totals .. .. .. 59,883,391 6 10 5,393,157 1 5 54,490,234 5 5 51,519,228 16 8 NOTE.—THIS EXPLANATORY STATEMENT HAS NOT BEEN AUDITED,

71

B.—l [PT. I].

STATEMENT OE NET ISSUES COMPARED WITH THE SUMS VOTED UNDER THE APPROPRIATION ACT, 1925.

Jl—B.-l [PT. I].

B.—l FPt. I

72

PUBLIC ACCOUNTS, 19 2 5-1926

STATEMENT showing the NET ISSUES from the CONSOLIDATED FUND for the FINANCIAL YEAR ended 31st March, 1926, compared with the Sums voted under the Appropriation Act, 1925.

j I Creoits-in-Aid g j Expenditure. Credits-in-Aid. \ Net Expenditure. Voted. Amount Unissued. Issued in Excess. in Excess >- of Estimate. f Ordinary Revenue Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 1 Legislative Departments .. .. •• •• 91,701 19 4 3,235 8 0 88,466 11 4 88,909 0 0 442 8 8 9 Treasury Department .. • • • • 41,700 11 4 5,328 11 9 j 36,371 19 7 36,668 0 0 j 296 0 5 .. j 3 Land and Income Tax Department .. .. .. 69,441 11 6 2,265 0 0 \ 67,176 11 6 74,191 0 0 7,014 8 6 .. j 1,235 17 6 4 Stamp Duties Department .. .. .. •• 107,152 16 6 16,419 9 1 90,733 7 5 99,947 0 0 9,213 12 7 5 National Provident and Friendly Societies Department 22,544 2 11 10 0 0 22,534 2 11 23,348 0 0 813 17 1 .. i 5 8 3 6 Post and Telegraph Working-expenses .. • 3,050,349 8 9 614,000 0 0 2,436,349 8 9 2,493,222 0 0 56,872 11 3 .. j 29,558 10 10 7 Public Buildings .. .. .. .. •• 180,515 14 7 79,500 0 0| 101,015 14 7 125,780 0 0 24,764 5 5 .. I 2,780 18 0 8 Government and other Domains .. .. •• 5,792 3 4 .. 5,792 3 4 8,545 0 0 2,752 16 8 .. 29 4 7 9 Maintenance and Repairs to Roads .. .. .. 91,716 11 5 1,000 0 0. 90,716 11 5 150,150 0 0 59,433 8 7 .. 1,700 4 2 10 Maintenance of Irrigation-works .. •• • 5,080 3 3 49 7 0 5,030 16 3 10,000 0 0 4,969 3 9 11 Native Department .. .. .. • 38,710 5 0 9,415 0 0 29,295 5 0 34,110 0 0 4,814 15 0 .. 1 17 0 12 Department of External Affairs .. .. 26,577 13 7 980 17 9 25,596 15 10 25,989 0 0 392 4 2 13 Cook Islands .. .. .. .. 42,799 4 6 8,520 0 0 34,279 4 6 37,923 0 0 3,643 15 6 .. 4,196 3 7 14 Department of Industries and Commerce .. . • 145,127 5 0 7',800 0 0 137,327 5 0 97,024 0 0 .. 40,303 5 0* 31,955 4 10 15 Department of Justice .. .. .. 147,934 4 4 10,335 0 0 137,599 4 4 140,649 0 0 3,049 15 8 .. 1,822 1 7 16 Prisons Department .. .. .. .. 152,794 6 2 71,500 0 0 81,294 6 2 84,766 0 0 3,471 13 10 .. 7,599 6 8 17 Crown Law Office .. .. .. .. 6,446 13 0 1,015 0 0 5,431 13 0 5,841 0 0 409 7 0 .. 449 17 1 18 Police Department .. . • • • 414,299 12 11 5,810 0 0 408,489 12 11 420,012 0 0 11,522 7 1 .. 454 9 3 19 Pensions Department .. .. .. • 186,125 18 7 2,750 0 0 183,375 18 7 194,329 0 0 10,953 1 5 .. 518 16 9 20 Mines Department .. .. .. .. 47,858 0 6 1,110 0 0 46,748 0 6 51,970 0 0 5,221 19 6 .. 50 9 9 21 Department of Internal Affairs .. .. 429,467 11 4 51,263 0 0 378,204 11 4 410,735 0 0 32,530 8 8 .. 3,768 0 3 22 Audit Department .. .. .. 44,449 4 0 18,000 0 0 26,449 4 0 28,037 0 0j 1,587 16 0 .. 2,209 3 0 23 Public Service Commissioner's Office.. .. 10,160 13 6 1,725 0 0 8,435 13 6 8,681 0 0 245 6 6 .. 574 2 2 24 Printing and Stationery Department .. •• 236,697 19 9 .. 236,697 19 9 228,175 0 0 | .. 8,522 19 9 j 25 Mental Hospitals Department .. .. .. 400,463 14 11 113,000 0 0 287,463 14 11 296,982 0 0 9,518 5 1 .. 15,259 5 10 26 Department of Health .. .. .. .. 358,026 2 11 94,026 6 7 263,999 16 4 269,946 0 0 5,946 3 8 27 Naval Defence .. .. .. .. 455,645 111 14,442 4 11 441,202 17 0 449,082 0 0 7,879 3 0 28 ! Defence Department .. .. .. .. 480,687 5 1 21,394 8 3 459,292 16 10 455,368 0 0 ... 3,924 16 10 ! 29 1 Customs Department .. .. .. 158,674 7 4 1,550 0 0 157,124 7 4 160,321 0 0 3,196 12 8 .. 750 15 3 30 Marine Department .. .. .. .. 128,578 16 11 6,578 5 9 122,000 11 2 127,748 0 0 5,747 8 10 31 Department of Labour .. .. .. -• 50,844 7 6 890 0 0 49,954 7 6 52,780 0 0 2,825 12 6 .. 271 9 7 32 Department of Lands and Survey .. .. •• 291,026 19 7 114,139 9 3 176,887 10 4 180,207 0 0 3,319 9 8 33 Scenery Preservation .. .. .. 20,547 13 3 5 0 0 20,542 13 3 24,789 0 0 4,246 6 9 34 Valuation Department .. .. .. •• 59,572 16 0 7,787 10 11 51,785 5 1 51,070 0 0 .. 715 5 1 35 Electoral Department .. .. .. •• 103,655 9 5 250 0 0 103,405 9 5 97,119 0 0 .. 6,286 9 5*" 1,696 1 5 36 Department of Agriculture .. .. .. •• 388,085 18 11 90,387 0 0 , 297,698 18 11 375,824 0 0 78,125 1 1 .. 5,505 9 11 37 Department of Tourist and Health Resorts .. •• 71,633 11 3 839 18 11 I 70,793 12 4 70,705 0 0 .. 88 12 4 38 Department of Education .. .. .. •• 3,120,209 7 1 236,880 0 0 2,883,329 7 1 2,889,773 0 0 6,443 12 11 .. 3,610 3 8 Services not provided for .. .. ■ • • • 54,445 6 7 24,179 18 10 30,265 7 9 • • • • 30,265 7 9 Total .. .. .. .. 11,737,540 13 9 1,638,381 17 0 10,099,158 16 9 10,380,715 0 0 371,662 19 5 90,106 16 2 116,003 0 11 State Coal-mines Account. 39 State Coal-mines .. .. .. ' .. .. 226,775 17 4 1,395 5 4 225,380 12 0 274,792 0 0 49,411 8 0 Services not provided for ........ Nauru and Ocean Islands Account. 40 Nauru and Ocean Islands .. .. .. 508 12 3 • • 508 12 3 1,000 0 0 491 7 9 * Excess receipts (Industries and Commerce £31,955 4s. 10d., Electoral £1,629) were made available in accordance with section 22, subjection (3), of the Appropriation Act. 1923. t These credits have not been appropriated, and are not available for expenditure except under the provisions of section 22, subsection (3), of the Appropriation Act, 1923.

73

B.—l TPt. I

PUBLIC ACCOUNTS, 1925-19 26.

STATEMENT showing the NET ISSUES from the PUBLIC WORKS FUND for the FINANCIAL YEAR ended 31st March, 1926, compared with the Sums voted under the Appropriation Act, 1925.

s am nt Issued in ' Credits-in-Aid o Expenditure. Credits-in-Aid. Net Expenditure. Voted. tt t i IN Excess of > • Unissued. Excess. ! Bstimate ., I : J I ■ ! General Purposes Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 41 Public Works, Departmental .. .. .. 203,393 16 3 76,918 10 2 126,475 6 1 136,246 0 0 9,770 13 11 42 Railway-construction .. .. .. .. 1,328,169 9 11 175,000 0 0 1,153,169 9 11 1,150,000 0 0 .. 3,169 9 11 6,876 18 8 43 Additions to Open Lines .. .. .. .. 851,216 0 2 8,894 5 5 842,321 14 9 900,000 0 0 57,678 5 3 Public Buildings :— 44 General .. .. .. .. .. 29,568 2 3 198 16 9 29,369 5 6 43,400 0 0 14,030 14 6 45 Courthouses .. .. .. .. .. 7,215 14 6 6 6 11 7,209 7 7 8,000 0 0 790 12 5 46 Prison Buildings and Works .. .. .. 24,905 17 1 500 0 0 24,405 17 1 25,000 0 0 594 2 11 .. 210 3 0 47 Police-stations .. .. .. .. .. 16,594 8 10 .. 16,594 8 10 16,000 0 0 .. 594 8 10 48 Postal and Telegraph .. .. .. .. 90,063 4 0 197 5 5 89,865 IS 7 94,000 0 0 4,134 1 5 49 Agricultural .. .. .. .. .. 7,934 1 6 2 8 0 7,931 13 6 16.100 0 0 8,168 6 6 50 Mental Hospital Buildings .. .. .. 78,386 7 0 551 15 1 77,834 11 11 92,000 0 0 14,165 8 1 51 Health and Hospital Institutions .. .. .. 32,501 10 6 1,324 13 10 31,176 16 8 42,000 0 0 10,823 3 4 52 Timber-supply and Sawmills, &c. .. .. .. 10,435 2 8 20,327 14 2 Cr. 9,892 11 6 3,000 0 0 12,892 11 6 53 Acquisition and Operation of Quarries .. .. 48,001 14 6 33,000 0 0 15,001 14 6 20,500 0 0 5,498 5 6 .. 2,650 4 4 54 Lighthouses .. .. .. .. .. 5,692 7 10 1 16 0 5,690 11 10 10,450 0 0 4,759 8 2 55 Harbour -works .. .. .. .. .. 3,717 0 4 .. 3,717 0 4 8,900 0 0 5,182 19 8 .. ... 56 Development of Tourist Resorts .. .. .. 43,813 12 0 327 19 11 43,485 12 1 52,450 0 0 8,964 7 11 57 Department of Immigration .. .. .. 288,573 5 8 181,052 6 9 107,520 18 11 200,085 0 0 92,564 1 1 58 Roads, &c. .. .. .. .. .. 579,362 3 3 14,667 15 11 564,694 7 4 708,925 0 0 144,230 12 8 59 Roads on Goldfields .. .. .. .. 3,934 0 0 .. 3,934 0 0 4,500 0 0 566 0 0 60 Telegraph Extension .. .. .. .. 1,045,014 8 0 113,353 12 8 931,660 15 4 995,000 0 0 63,339 4 8 61 Motor Transport Services .. .. .. .. 4,994 0 4 .. 4,994 0 4 5,000 0 0 5 19 8 62 Contingent Defence .. .. .. .. 89,763 3 11 .. 89,763 3 11 71,000 0 0 .. 18,763 3 11 93 9 8 63 Lands, Miscellaneous .. .. .. .. 77,102 11 1 6,609 17 2 70,492 13 11 79,000 0 Oj 8,507 6 1 64 Irrigation, Water-supply, and Drainage .. .. 58,795 1 8 2,568 8 6 56,226 13 2 100,000 0 0 43,773 6 10 65 Plant, Material, and Stores .. .. .. 91,054 10 8 57,601 10 7 33,453 0 1 45,000 0 0 11,546 19 11 Services not provided for .. .. .. .. 51,263 9 7 50,124 18 7 1,138 11 0 .. ] .. 1,138 11 0 Total .. .. .. .. 5,071,465 3 6 743,230 1 10 j 4,328,235 1 8 j 4,826,556 0 oj 521,986 12 0 23,665 13 8 9,830 15 8 Electric Supply Account. 66 Development of Water-power .. .. .. 982,120 4 3 26,000 0 0 956,120 4 3 1,045,907 0 0 89,786 15 9 .. 10,587 10 2 Services not provided for .. .. .. .. 40 16 2 .. 40 16 2 .. j .. 40 16 2 * These credits have not been appropriated, and are not available for expenditure except under the provisions of section 22, subsection (3), of the Appropriation Act, 1923.

B.—i rp T . I

74

PUBLIC ACCOUNTS, 19 2 5-1926

STATEMENT showing the NET ISSUES from SEPARATE ACCOUNTS for the FINANCIAL YEAR ended 31st March, 1926, compared with the Sums voted under the Appropriation Act, 1925.

H j A T Cbedii'S-in-Aid o ! Expenditube. Cbedits-in-Aid. Net Expenditure Voted. amount issued in Excess of > ! Unissued. Excess. Estimate.* Discharged Soldiebs Settlement Account. f s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 67 Expenses of Management .. .. .. .. 44,526 1 6 1,715 13 0 42,810 8 6 43,450 0 0 639 11 6 .. Services not provided for .. .. .. .. 80 0 0 .. 80 0 0 .. .. 80 0 0 Land fob Settlements Account. 68 Land for Settlements Expenses .. .. .. 3,152 7 3 .. 3,152 7 3 5,760 0 0 2,607 12 9 Land fob Settlements Account. Discharged Soldiers Settlement Account. 69 Land for Settlement of Discharged Soldiers: Expenses.. 1,450 8 1 7 1 6 1,443 6 7 6,631 0 0 5,187 13 5 Land fob Settlements Account. Opening up Crown Land for Settlements Account. 70 Opening up Land for Settlements .. .. .. 17,193 10 10 12 17 11 17,180 12 11 30,000 0 0 12,819 7 1 Main Highways Account. Main Highways Revenue Fund. 71 Maintenance of Main Highways .. .. .. 287,193 6 6 5,227 17 6 281,965 9 0 260,000 0 0 .. 21,965 9 0 Main Highways Account. Main Highways Construction Fund. 72 Main Highways .. .. .. .. .. 396,415 9 2 5,000 0 0 391,415 9 2 447,457 0 0 56,041 10 10 .. 10,966 16 1 Native Land Settlement Account. 73 Native Land Purchase Expenses .. .. .. 2,881 6 6 .. 2,881 6 6 4,205 0 0 1,323 13 6 .. 159 7 0 State Fobests Account. 74 State Forests Service .. .. .. .. 166,020 11 6 1,441 0 0 164,579 11 6 227,733 0 0 63,153 8 6 .. 72 16 9 Wab Expenses Account. 75 War Expenses .. .. .. .. .. 6,982 9 6 6,362 19 5 619 10 1 Cr. 2,520 0 0 .. 3,139 10 1 Westpobt Habboub Account. 76 Westport Harbour .. .. .. .. 18,559 2 11 62 8 0 18,496 14 11 20,247 0 0 1,750 5 1 Services not provided for .. .. .. .. 10 19 6 .. 10 19 6 .. .. 10 19 6 Wobking Railway's Account. 77 Working Railways .. .. .. .. 6,555,591 1 1 574,793 8 1 5,980,797 13 0 6,115,839 0 0 135,041 7 0 Services not provided for .. .. .. .. 856 5 0 .. 856 5 0 .. .. 856 5 0 ... * These credits have not been appropriated, and are not available for expenditure except under the provisions of section 22, subsection (3), of the Appropriation Act, 1923.

75

B.—l [Pt. I]

PUBLIC ACCOUNTS, 1925-1926.

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'9561 <9a nf WI •ifms'Bejj, 04 'Havj "a Y pui3 ag^joaiuoQ •AariSBOij, 9qi oj 'naajMVQ '0 'J '£) 'saivjj 'g; -g- '109M00 punoj puis pguiurexg;

'8261 *V>Y jo '(g) 1 ZZ jo suoisTAoid J9pun joj ;ou gib pu« U99q 9AT?q 9S9qx 4 Of 060 4 91 0 0 in' 09 0 91 090' ff 01 SI ILZ'lZ 01 IT ZZ£'99 " " " " " " f$ •x.sraoooy saoistvAay axvxg I LI £66 0 0 OZZ'fl 9 Z 96S'SI " 9 Z 963'SI " " ** ** aou-Binsni quapiooy £8 •jiKnoooy aOxWaiLSxx xKaaiooy iKaimascAOO 0 0 " " 0 0 009'* " 0 0 009'? " "" " " " joj papcAoid (joii ssoiAjag 01 f 998 'I 0 -.0* IS9'I8 Z 91 *99'6S Z 61 699'9 f tl HS'98 " " " " " aoms-msai aiitf s8 •iKitoooy aoHvansHi aivig 9 61 816 "• 0 0 6L9'9 9 61 £68*9 " 9 61 £68'9 " " " ao HJO P nn .I uopmutraiadng aoiAJag oi[qnj X8 i 'ihhodov annj; HOU/wiHHyaaitig aoiAaag onanj 8 81 SII'I " II 61 9i8'9 0 0 TiL'iOI I 0 f68'00I 0 0 OSi'l I 0 fl>9'S0I " " " " " aouamsui luaniujaAO*) 08 "iitfloooy aO-RvansNj ihuotot::iaoq 0 01 689' Z 0 0 998 '81 0 01 9Ll'lT " 0 01 9il'll " " " "" "" " aa iflO l snl I 6i •XKnoooy aAiivjvj 9 1 608 'f 0 0 988'6SS i 81 9L0'SZZ " L 81 SiO'SSS "" " " " " 80 ®0 l stu X °Iiq n «3: 8i ■p - s j 'p *s j 'P *s j -p -s j -p -s 3. -p -s j -p -g j •itmoooy s.aaisaax onaaj I _ — . i'sivwiissr ' < ,1 „„„„„„ -ssaoxa; •aanssiNXL •aaju.iaKajxff o io ssaoxa hi | aanssT ihhokv "aaioA A -aiy-Hi-snaaao -iMmiiciKMxa; § aiy-Hi-snasrao j innOHy I5I S h

77

B.—l [Pt. I].

STATEMENT OF DISBUBSEMENTS UNDER THE CIVIL LIST ACT, 1920.

B.—l TPt. I

78

PUBLIC ACCOUNTS, 1 925-1 92 6.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) for the Financial Year ended 31st March, 1926, under the Civil List Act, 1920, Parts I, II, and V.

CIVIL LIST. £ s. d. £ s. d. £ s. d. PART I. His Excellency the Governor-General • — General Sir Charles Fergusson, Baronet, LLD., G.C.M.G., K.C.B., D.S.O., M.V.O. — Salary, 1st April, 1925, to 31st March, 1926 .. .. .. 5,000 0 0 Allowance, 1st April, 1925, to 31st March, 1*926 .. .. 2,500 0 0 7,500 0 0 PART II. Establishment of the General Government : — The Prime Minister, Minister of Finance, Minister of Stamp Duties, Minister in Charge of Land and Income Tax, State Advances, Valuation, Electoral, and Public Trust Departments,— Right Hon. W. E. Massey, P.C.— Salary, 1st April, 1925, to 10th May, 1925 .. .. 198 7 9 The Prime Minister, Minister of Public Works, Minister of Railways, Minister of Native Affairs, and Minister in Charge of Native Trust, Roads, Public Buildings, and Electoral, — Right Hon. J. G. Coates, P.C. — Salary, 30th May, 1925, to 31st March, 1926 .. .. 1,509 13 7 Acting Prime Minister, — Hon. Sir Francis Bell, P.C., G.C.M.G., K.C.— Salary, 14th to 30th May, 1925 .. .. .. 28 15 10 Minister of Public Works, Minister of Railways, Minister of Native Affairs, Postmaster-General, Minister of Telegraphs, Minister in Charge of Native Trust, Roads, and Public Buildings,— Right Hon. J. G. Coates, P.C. —- Salary, 1st April, 1925, to 29th May, 1925 .. .. 188 14 2 Attorney-General, Minister of External Affairs, and Leader of the Legislative Council, — Right Hon. Sir Francis Bell, G.C.M.G.— Salary, 1st April, 1925, to 31st March, 1926 .. 1,170 0 0 House allowance, 1st April, 1925, to 31st March, 1926 200 0 0 1,370 0 0 Minister of Lands, Minister in Charge of Land for Settlements, Discharged Soldiers Settlement, and Scenery Preservation Departments,— Hon. A. D. MeLeod — Salary, 1st April, 1925, to 31st March, 1926 .. 1,170 0 0 House allowance, 1st April, 1925, to 31st March, 1926 .. .. .. .. .. 200 0 0 1,370 0 0 Minister of Finance, Minister of Agriculture, Minister of Immigration, Minister of Mines, and Minister in Charge of Tourist and Health Resorts, and Legislative Departments, — Hon. W. Nosworthy — Salary, 1st April, 1925, to 31st March, 1926 .. 1,170 0 0 House allowance, 1st April, 1925, to 31st March, 1926 200 0 0 1,370 0 0 Minister of Education, Minister of Justice, and Minister in Charge of Police and Prisons Departments, PostmasterGeneral and Minister of Telegraphs,— Hon. Sir C. J. Parr, K.C.M.G.— Salary, 1st April, 1925, to 31st March, 1926 .. .. 1,170 0 0 Minister of Labour, Minister of Mines, Minister of Marine, Minister in Charge of Pensions, Printing and Stationery, and Inspection of Machinery Departments,— Hon. G. J. Anderson— Salary, 1st April, 1925, to 31st March, 1926 .. 1,170 0 0 House allowance, 1st April, 1925, to 31st March, 1926 200 0 0 1,370 0 0 Carried forward .. .. .. .. 8,575 11 4 7,500 0 0

79

B.—l [PT. I]

PUBLIC ACCOUNTS, 1925-19 2 6

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND —continued.

R. B. Hayes, Secretary to the Treasury. A. D. Park, Accountant to the Treasury. Examined and found correct. The Treasury, Wellington, 14th June, 1926. G. P. C. Campbell, Controller and Auditor-General.

12— B. 1 [PT. I].

£ s. d. £ s. d. £ s. d. Brought forward .. .. .. 8,575 11 4 7,500 0 0 PART II—continued. Establishment of the General Government—continued. Minister of Defence, Commissioner of State Forests, Minister in Charge of War Pensions, Government Life and Accident Insurance, State Fire Insurance, National Provident Fund, Friendly Societies, and Public Service Superannuation Departments, — Hon. Sir R. H. Rhodes — Salary, 1st April, 1925, to 18th January, 1926 .. 934 2 3 House allowance, 1st April, 1925, to 31st March, 1926 200 0 0 1,134 2 3 Minister of Customs, Minister of Industries and Commerce, and Minister in Charge of Board of Trade, — Hon. W. Downie Stewart — Salary, 1st April, 1925, to 31st March, 1926 .. 1,170 0 0 House allowance. 1st April, 1925, to 31st March, 1926 200 0 0 1,370 0 0 Minister of Health, Minister for Cook Islands, Minister in Charge of Hospitals and Charitable Aid and Mental Hospitals, and Member of the Executive Council representing the Native Race, — Hon. Sir M. Pomare — Salary, 1st April, 1925, to 31st March, 1926 .. 1,133 14 2 House allowance, 1st April, 1925, to 31stMarch, 1926 200 0 0 j J 1,333 14 2 Minister of Internal Affairs, Minister in Charge of High Commissioner's Office, Audit, Museum, RegistrarGeneral's, Statistician's, Laboratory, and Advertising Departments, — Hon. R. F. Bollard— Salary, 1st April, 1925, to 31st March, 1926 .. 1,170 0 0 House allowance, 1st April, 1925, to 31st March, 1926 200 0 0 1,370 0 0 Minister of Agriculture and Commissioner of State Forests, — Hon. O. J. Hawken —- Salary, 18th January, 1926, to 31st March, 1926 .. 239 0 8 House allowance, 18th January, 1926, to 31st March, 1926 .. .. .. .. .. 40 17 2 279 17 10 Minister of Justice, Minister of Defence, — Hon. F. J. Rolleston— Salary, 18th January, 1926, to 31st March, 1926 .. 239 0 8 House allowance, 18th January, 1926, to 31st March, 1926 .. .. .. .. 40 17 2 — 279 17 10 Minister of Health,— Hon. J. A. Young— Salary, 18th January, 1926, to 31st March, 1926 .. 239 0 8 House allowance, 18th January, 1926, to 31st March, 1926 .. .. .. .. .. 40 17 2 —— 279 17 10 Member of Executive Council, — Hon. D. H. Guthrie — House allowance, 1st April, 1925, to 31st March, 1926 .. .. .. .. .. .. 200 0 0 14,823 1 3 PART V. Native : — Pensioners, Auckland .. .. .. .. .. 68 12 3 Medicines and medical attendance .. .. .. .. 3,600 0 0 Food-supplies .. .. .. .. .. .. 2,373 10 10 Native Hostel, Tauranga— Cost of raising section, &c. .. .. .. .. 74 17 1 Repairs to fence .. .. .. .. .. .. 51 13 9 Ngatahi Claim—Recoupment, Kaiapoi Native School Committee Funds .. .. .. .. .. 116 17 4 Potatoes .. .. .. .. .. .. .. 103 6 11 Contingencies .. .. .. .. .. .. 312 9 0 6,761 7 2 Total .. .. .. .. .. .. £29,084 8 5

B.—l [Pt. I].

UNAUTHORIZED EXPENDITURE ACCOUNT.

81

8.-1 [PT. I]

82

PUBLIC ACCOUNTS, 1925-192 6.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT for the FINANCIAL YEAR ended 31st March, 1926.

CONSOLIDATED FUND. Ordinary Revenue Account. FOR SERVICES_NOT PROVIDED FOR. £ s. d. £ s. d. £ s. d. £ s . d. Legislative Department:—Compassionate allowance to Mrs. Armstrong, widow of the late A. Armstrong, extra messenger, House of Representatives .. .. .. .. 75 0 0 Grant to W. H. Russell, Accountant, House of Representatives, equivalent to three months' salary in lieu of leave on retirement .. .. .. .. 86 5 0 161 5 0 Treasury Department:— Payment to the Government Life Insurance Office for work performed .. .. .. .. 50 0 0 Payment to Miss M. Ralston, equivalent to three and a half months' leave on full pay in anticipation of retiring leave .. .. .. .. .. 107 3 3 Stamp duty on transfers of New Zealand Consolidated Stock, 1935/45 and 1944, payable to the Bank of | England in repayment of duty paid to the Commissioners of Inland Revenue .. .. .. 4,948 14 1 Loss on realization of securities on £50,400 34-per-cent. New Zealand Consolidated Stock, to mature 1st January, 1940, redeemed and cancelled in terms of section 24 of the Finance Act, 1921-22: stock taken up by the Goverment (New Zealand Consols Account) at par in 1906 cancelled at the present market rate, £84 15s. .. .. .. .. .. 7,686 0 0 12,791 17 4 Post and Telegraph Department :— Compensation and medical expenses granted to J. Hayes for injuries sustained while on duty .. .. 319 8 6 Compensation and legal expenses granted to G. Stewart for injuries sustained while on duty .. .. 127 2 0 446 10 6 Native Department :— Grant to A. H. Mackay, equivalent to six months' salary in lieu of leave on retirement, in terms of Public Service Regulations .. .. .. .. .. 200 0 0 External Affairs Department :— Cost of passages and expenses of Right Hon. Sir F. H. D. Bell and Private Secretary to attend Conference, League of Nations, Geneva .. .. .. .. .. 1,042 6 8 Cook Islands : — Expenses in connection with transferring Niue lepers to the leper-station at Makogai .. .. .. 360 0 0 Payment to Marine Department for charter of G.s.s. " Tutanekai " for relief trip to Niue Island in 1924, owing to wreck of the s.s. " Rama " at the Chatham Islands .. .. .. .. .. 2,000 0 0 2,360 0 0 Justice Department :— Grant to J. C. Lewis, equivalent to six months' salary in lieu of leave on retirement, in terms of Public Service Regulations .. .. .. .. 332 10 0 Fidelity-guarantee premiums of Deputy Official Assignees in Bankruptcy .. .. .. .. .. 52 10 0 Payment to W. A. Hawkins, Secretary, Wellington Law Society, for compilation of roll of barristers and solicitors admitted in New Zealand .. .. 50 0 0 Payment to Sir R. Stout, P.C., K.C.M.G., equivalent to six months' salary on retirement from position of Chief Justice, as provided for under the Judicature Act, 1908, section 13 (2) (a) .. .. .. 1,125 0 0 Payment of further amount required to cover shortages resulting from defalcations of ex-officer, F. H. Joyce .. 26 12 7 1,586 12 7 Prisons Department:— Salary of C. J. Knight for April, 1926, in lieu of leave on retirement, in terms of Public Service Regulations 42 18 4 Grant to M. Hawkins, equivalent to six months' salary in lieu of leave on retirement, in terms of Public Service Regulations .. .. .. .. .. 407 10 0 Compassionate allowance to the widow of the late J. Ryan, Warder at the Auckland Prison .. 143 0 0 593 8 4 Police Department: — Grant to A. H. Wright, equivalent to six months' salary in lieu of leave on retirement .. .. . . .. 475 0 0 Carried forward .. .. .. 19,657 0 5

83

B1 [Pt. 1]

PUBLIC ACCOUNTS, 19 2 5-192 6.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

13—B-l. PT. I .

I " ~ I CONSOLIDATED FUND -continued. Ordinary Revenue Account—continued. FOR SERVICES NOT PROVIDED FOR—continued. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 19.657 0 5 Pensions Department:— Payment to Artificer J. Smith, N.Z. Army Ordnance Corps, of pension for period 25th February, 1925, to 31st March, 1926, on account of injuries received whilst in the performance of his duties .. .. 56 19 1 Instalments of special annuities of various pensioners, nine cases (in addition to amount appropriated under vote Pensions," item " Special Annuities," eightythree cases) .. .. .. .. .. 131 12 6 188 11 7 Internal Affairs Department:— Refund of fees paid for opossum licenses issued which could not be availed of owing to bad condition of roads 7 10 0 | Compassionate grant in full settlement of claims relative to the use of aluminium number-plates on motor - vehicles .. .. .. .. .. 200 0 0 Grant to Miss E. M. George in lieu of leave on retirement, in terms of Public Service Regulations .. .. 32 18 7 Refund of expenses and portion of remuneration payable to R. B. Hammond in connection with town-planning legislation .. .. .. .. .. 83 6 8 Payment of portion of fees, fines, and royalties received on account of opossum-skins for the 1925 season — £ s. d. State Forest Service .. .. 4,073 15 1 Tourist and Health Resorts Department .. .. .. 225 6 11 4,299 2 0 4,622 17 3 Printing and Stationery Department— Grant to R. Usmar, equivalent to six months' salary in lieu of leave on retirement, in terms of Public Service Regulations .. .. .. .. .. 205 0 0 Expenses, visit of Government Printer to Australia on departmental business .. .. .. .. 80 7 10 285 7 10 Mental Hospitals Department:— Compassionate allowance to widow of the late Dr. Hay, Inspector-General of Mental Hospitals .. .. 1,200 0 0 Salary of Dr. C. R. S. Roberts, Assistant Medical Officer, Christchurch Mental Hospital, for month of April, 1925, granted leave on full pay prior to retirement 51 5 0 1,251 5 0 Health Department :■ — Expenses in connection with conference of hospital stores officers to consider the establishment of a, uniform stores system and the co-ordination of the purchase of stores .. .. .. .. 13 2 10 Travelling-expenses of Sir F. Truby King attending Australian Conference on Child Welfare .. .. 24 0 0 Locomotion expenses of Miss E. A. Pope while investigating hospital dietetics at the principal hospitals in New Zealand .. .. .. .. 11 17 5 Expenses of Dr. P Chisholm, delegate to Conference of Royal Sanitary Institute at Edinburgh .. .. 23 13 4 Salary of Dr. M. H. Watt, Deputy Director-General of Health, for the month of April, 1926, granted leave to attend the League of Nations Conference in Japan.. 83 8 4 Expenses of Miss J. Paterson attending Conference of Child Welfare Section, International Council of Nurses at Helsingfors .. .. .. .. .. 36 16 0 192 17 11 Naval Defence Department:— Deferred pay of ratings discharged or about to be discharged on termination of their engagements, but. whose accrued leave and pay did not expire until after 31st March, 1926 .. .. .. .. .. 043 Defence Department:— Compassionate grant to the widow of the late MajorGeneral C. W. Melvill, Commandant New Zealand Military Forces .. .. .. .. 1,500 0 0 Ex gratia payment in full and final settlement of all claims or alleged claims in respect of the publication of Volume III o : the New Zealand History of the War 277 0 0 1,777 0 0 Customs Department :— Compassionate allowance to the widow of the late H. McArtney, Locker and Searcher in the Customs Department, Wanganui .. • .. .. .. .. 150 0 0 Carried forward .. .. .. j 28,125 4 3

B. —1 [PT. I].

84

PUBLIC ACCOUNTS, 1925-192 6.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

CONSOLIDATED FUND —continued. Ordinary Revenue Account—continued. FOR SERVICES NOT PROVIDED FOR—continued. £ s. d. £ s. d. £ s. d. £ s.' d. Brought forward 28,125 4 3 Marine Department:— Compassionate allowance to J. W. Thomson, signalman at Okarito .. .. .. .. .. 75 0 0 Expenses and sustenance of delegates to conference between Prime Minister, shipowners, and seamen in connection with shipping dispute .. .. .. 46 9 4 Grant towards cost of oil-engine and gear at Moeraki for the Fishermen's Association .. .. .. 50 0 0 171 9 4 Labour Department:— Travelling-expenses of H. E. Moston and B. Herepath to Australia on departmental business .. .. .. 50 0 0 Lands and Survey Department :— Payment of amounts equivalent to rent and lease fee paid by certain settlers who took up land in the Urewera country but which the Crown subsequently decided was unsuitable for settlement purposes .. .. 41 17 2 Payment for stock belonging to settler which were mustered and sold in error with stock from an abandoned farm . .. .. .. .. 40 0 0 Compensation for permanent improvements effected on Part 1, Section 1, Block I, Cobden Survey District, Westland Land District, being township reserve, Town of Rapahoe .. .. .. .. .. 164 5 0 246 2 2 Valuation Department :— Grant to F. W. Flanagan, equivalent to six months' salary in lieu of leave of absence, in terms of Public Service Regulations .. .. .. .. .. 437 0 0 Agriculture Department :— Grants towards egg-laying competitions at Auckland and Christehurch .. .. .. .. 200 0 0 Travelling-expenses of B. C. Aston, Chemist, in South Africa and Europe .. .. .. .. 150 0 0 Grant towards printing the annual report of the New Zealand Poultry Association .. .. .. 10 0 0 Expenses in connection with the Woolston Tanneries Commission .. .. .. .. .. 371 10 2 Expenses of Argentine horticulturists visiting New j Zealand in connection with the export of fruit .. 130 1 6 861 11 8 Education Department :— Compensation to teacher, Owhataitai Native School, for damage to household effects during flood .. .. 20 0 0 Payment to H. Bolton for report on the staff and organization of the Wellington Education Board .. 31 10 0 Military pay of officers, non-commissioned officers, and men who attended the annual camp of the Southland Regiment at Wyndham from 14th to 21st January, 1925, and whose camp pay for the period was credited to the Education Department on 31st March, 1925 .. 49 13 0 Military pay of officers who attended the annual camp held at Burnham from 21st to 27th January, 1925, and whose camp pay for the period was credited to the Education Department on 31st March, 1925 .. 16 4 0 Salary of Miss J. G. Ralston, Assistant Lady Inspector of Industrial and Special Schools, for period 1st April, 1926, to 10th November, 1926, granted accumulated leave and six months' special leave prior to retirement 256 13 4 374 0 4 30,265 7 9 Carried forward .. .. .. .. 30,265 7 9

8.-l [Pt. Ij.

PUBLIC ACCOUNTS, 1925-192 6.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

85

CONSOLIDATED FUND —continued. Ordinary Revenue Account—continued. FOR SERVICES NOT PROVIDED FOR—continued. £ s. d. £ s. d. £ s, d £ s. d Brought forward .. .. .. .. .. 30,265 7 9 Advances, Miscellaneous :— Amounts advanced for, — Labour Department— Travelling-expenses of Messrs. Moston and Herepath while visiting Australia on business for the Department of Labour .. .. .. 85 0 0 External Affairs Department— Passage money and expenses, visit of Sir Francis Bell and Private Secretary to Conference of League of Nations at Geneva .. .. . . .. 500 0 0 585 0 0 Transferred to Imprest Balances Outstanding Account .. .. 585 0 0 FOR SERVICES IN EXCESS OF VOTES. Vote 14—Department of Industries and Commerce .. .. 8 ,348 0 2 Vote 24—Printing and Stationery Department .. .. .. 8,522 19 9 Vote 28—Defence Department .. .. .. .. 3,924 16 10 Vote 34 —Valuation Department .. .. .. .. 715 5 I Vote 35 —Electoral Department .. .. .. .. 4,657 9 5 Vote 37 —-Department of Tourist and Health Resorts .. .. 88 12 4 26.257 3 7 Total, Consolidated Fund .. .. .. .. 56,522 11 4 PUBLIC WORKS FUND. General Purposes Account. FOR SERVICES NOT PROVIDED FOR. Payment in advance of salary of F. M. Doig, Engineering Cadet, who is proceeding to England for two years to undergo workshops training .. .. .. .. 7453 Salary of Miss J. M. B. Hunt from 1st to 14th April, 1926, on annual and special leave .. .. .. .. .. 7311 Salary of E. A. Boby from 1st to 30th April, 1926, granted one month's special leave on retirement .. .. 25 0 0 Salary of Miss S. M. Bunting from 1st to 28th April, 1926, granted special leave on retirement .. .. .. .. 14 7 9 Purchase of plant for Moehau Granite Quarries .. .. .. 1,017 14 1 1,138 11 0 FOR SERVICES IN EXCESS OF VOTES. Vote 42—-Railway Construction .. .. .. .. 3,169 9 11 Vote 47—Police-stations .. .. .. .. .. 594 8 10 Vote 62—-Contingent Defence .. .. .. .. 18,763 3 11 — 22,527 2 8 Total, Public Wokks Fund .. .. .. 23,665 13 8 Electric Supply Account. FOR SERVICES NOT PROVIDED FOR. Salary of F. W. Brown from 1st April to 15th May, 1926, granted special leave on retirement .. .. .. .. .. ■. 40 16 2 Discharged Soldiers Settlement Account. FOR SERVICES NOT PROVIDED FOR. Refundjjof deposit (less expenses incurred) on purchase price of Sections 3 and 15, Block VII, Waipakura Survey District, purchased at auction by J. Beattie .. .. .. ■ • •. 80 0 0 Carried forward .. .. .. 80,309 1 2

8.-i TPT. I

86

PUBLIC ACCOUNTS, 1925-192 6.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

E. E. Hayes, Secretary to the Treasury. A. D. Pabk, Accountant to the Treasury. Examined and found correct. The Treasury, Wellington, 14th June, 1926. G. P. 0. Campbell, Controller and Auditor-General.

PUBLIC WORKS FUND —continued. Main Highways Account. Main Highways Revenue Fund. FOR SERVICES IN EXCESS OF VOTES. £ s. d. £ s. d. £ s. d. £ s. d. 1 Brought forward .. .. .. .. .. .. 80,309 1 2 Vote 71—Maintenance of Main Highways .. .. .. .. .. 21,965 9 0 War Expenses Account. FOR SERVICES IN EXCESS OF VOTES. Vote 75 —War Expenses .. .. .. .. .. .. .. 3,139 10 1 Westport Harbour Account. FOR SERVICES NOT PROVIDED FOR. Proportion of expenditure in connection with the entertainment of the Governor-General at Westport .. .. .. .. 10 19 6 Working Railways Account. FOR SERVICES NOT PROVIDED FOR. Grant to H. M. Sterling in lieu of six months' leave on retirement in consideration of special services to be rendered during that period .. .. .. .. .. 625 0 0 Grant to R. P. Sims, equivalent to three months' salary in lieu of notice on retirement .. .. ,. .. ! .. 231 5 0 856 5 0 Public Service Superannuation Fund Account. FOR SERVICES IN EXCESS OF VOTES. Vote 81—Public Service Superannuation Fund Office .. .. .. .. 1 218 19 5 State Fire Insurance Account. FOR SERVICES NOT PROVIDED FOR. Purchase from Thomas Francis Slowey of freehold property situated at the corner of Sophia and Church Street, Timaru, for use as departmental premises .. .. .. .. 4,500 0 0 £111,000 4 2 Surplus Credits-in-Aid applied in Terms of Section 22, Subsection (3), of the Appropriation Act, 1923. £ s. d. £ s. d. £ s. d. £ $. d. CONSOLIDATED FUND. Ordinary Revenue Account. Vote 14—Department of Industries and Commerce .. .. .. 31,955 4 10 35 —Electoral Department .. .. .. .. .. 1,629 0 0 33,584 4 10 Total .. .. .. .. .. .. .. £33,584 4 10

B.—l [Pt. I].

87

SUMMARY OF CERTIFIED STATEMENTS OF LIABILITIES.

B.—l [PT. I]

88

PUBLIC ACCOUNTS, 1925-1926.

SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1926, as rendered by respective Departments in terms of Section 42 of the Public Revenues Act, 1910. CONSOLIDATED FUND, ORDINARY REVENUE ACCOUNT. Permanent Charges. Civil List: —- £ s. d, £ s. d. Native purposes .. .. .. .. .. .. .. 313 3 10 Under special Act?;— Civil List Act, 1920 .. .. .. .. .. 198 4 6 Defence Act, 1909 .. .. .. .. .. 3 0 10 Education Act, 1914 .. .. .. .. .. 2,816 15 10 Finance Act, 1920, Section 43 (Grant to Canterbury College) .. 390 7 6 Miner's Phthisis Act, 1915 .. .. .. , . 41 14 2 National Provident Fund Act, 1910, and Finance Act, 1916 .. 5,070 0 0 New Zealand University Amendment Act, 1914 .. .. 900 0 0 Pensions Act, 1913— .£ s. d. Old-age Pensions .. .. .. 70 4 2 Widows' Pensions , . . . . . 321 13 4 Military Pensions .. .. .. .. 8 3 4 400 0 10 Pensions Amendment Act, 1924 (Pensions for the Blind) .. 7 118 Slaughtering and Inspection Act, 1908 .. .. .. 2,514 15 2 Stock Act, 1908 .. .. .. .. .. .. 1,544 10 5 War Pensions Act, 1915 .. .. .. . . .. 249 2 0 Refunds of Revenue— Registration and other Fees : Industrial and Arbitration Act, 1908 .. .. .. .. .. 10 0 0 Miscellaneous Revenue .. .. .. .. 141 9 3 Territorial Revenue .. .. .. .. .. 1,192 3 0 15,479 15 2 Votes. Legislative Departments .. .. .. .. .. .. .. 1,006 13 7 Treasury Department .. .. .. .. .. .. .. 1,600 16 1 Land and Income Tax Department .. .. .. .. .. .. 1,706 5 3 Stamp Duties Department .. .. .. .. .. .. .. 5,930 1 7 National Provident and Friendly Societies Department .. .. .. .. 1,826 11 11 Post and Telegraph Working-expenses .. .. .. .. .. 93,919 0 0 Public Buildings .. .. .. .. .. .. .. .. 9,198 15 5 Government and other Domains .. .. . . .. .. .. 367 3 8 Maintenance and Repairs to Roads . . . .. .. .. 7,437 4 7 Maintenance of Irrigation-works, &c. .. .. .. .. .. .. 3111210 Native Department .. .. .. .. .. .. .. .. 487 8 6' Department of External Affairs .. .. .. .. .. .. 2,573199 Cook Islands .. .. .. .. .. .. .. .. 3,248 14 11 Department of Industries and Commerce .. .. .. .. .. 4,307 6 I Department of Justice .. .. .. .. .. .. .. 4 ,491 17 2 Prisons Department .. .. .. .. .. .. .. .. 4,764 15 8 Crown Law Office .. .. .. .. .. .. .. .. 22 14 7 Police Department .. .. .. .. .. .. .. .. 3,668 15 2 Pensions Department .. .. .. .. .. .. .. 117 11 Mines Department .. .. .. .. .. .. .. .. 2,370 19 1 Department of Internal Affairs .. .. .. .. .. 31,600 5 4 Audit Department .. .. .. .. .. .. .. .. 381 0 3 Public Service Commissioner's Office .. .. .. .. .. .. 1,760 13 4 Printing and Stationery Department .. .. .. .. .. ..11,57603 Mental Hospitals .. .. .. .. .. .. .. 7,809 3 8 Department of Health .. .. .. .. .. .. .. 7,814 0 1 Naval Defence .. .. .. .. .. .. .. .. 71,300 0 0 Defence Department .. .. .. .. .. .. .. .. 23,092 0 7 Customs Department .. .. .. .. .. .. .. 1,332 0 10 Marine Department .. .. .. .. .. .. .. .. 7,866 510 Department of Labour .. .. .. .. .. .. 1,147 14 11 Department of Lands and Survey .. .. .. .. .. .. 1,840 611 Scenery Preservation .. .. .. .. .. .. .. .. 85 0 6 Valuation Department .. .. .. .. i. .. .. 1,258 14 0 Electoral Department .. .. .. .. .. .. .. 1,078 18 6 Department of Agriculture .. .. .. .. .. .. .. 23,223 1 7 Department of Tourist and Health Resorts .. .. .. .. .. 7,572 6 8 Education Department .. .. .. .. .. .. .. 10,405 1 11 Unauthorized Expenditure — £ s. d. Police Department .. .. .. .. .. 19 15 0 Department of Agriculture .. .. . . .. 91 19 6 111 14 6 Total, Ordinary Revenue Account .. .. .. ..£376,299 12 5

89

B.—l [PT. I

PUBLIC ACCOUNTS, 1925-192 6

SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1926, as rendered by respective Departments in terms of Section 42 of the Public Revenues Act, continued. CONSOLIDATED FUND, DEPOSITS ACCOUNT. £s. d. Primary Education Endowment .. .. .. .. .. .. 350 Total, Deposits Account .. .. .. .. .. £3 5 0 PUBLIC WORKS FUND, GENERAL PURPOSES ACCOUNT. Votes. £ s. d. Public Works, Departmental .. .. .. .. .. .. .. 1,767 15 6 Railway-construction.. .. .. .. .. .. .. .. 95,929 7 7 Additions to Open Lines .. .. .. .. .. .. .. 3,663 0 0 General .. .. .. .. .. .. .. .. 2,623 5 3 Courthouses .. .. .. .. .. .. .. .. 879 8 6 Prison Buildings and Works .. .. .. .. .. .. .. 2,532 4 4 Police-stations .. .. .. .. .. .. .. .. 177 810 Postal and Telegraph.. .. .. .. .. .. .. .. 9,134 3 3 Mental Hospital Buildings .. .. .. .. .. .. 1,204 12 0 Hospitals and Charitable Institutions .. .. .. .. .. .. 2,969 16 0 Timber-supply, Sawmills, &c. .. .. .. .. .. .. .. 80 10 10 Acquisition and Operation of Quarries .. .. .. .. .. .. 2,011 4 3 Lighthouses .. .. .. .. .. .. .. .. 142 711 Harbour Works .. .. .. .. .. .. .. .. 448 18 9 Development of Tourist Resorts .. .. .. .. .. .. 6, 696 17 9 Department of Immigration .. .. .. .. .. .. .. 33,179 3 7 Roads, &c. .. .. .. .. .. .. .. .. .. 54,654 10 2 Roads on Goldfields .. .. .. .. .. .. .. .. 204 0 0 Telegraph Extension .. .. .. .. .. .. .. .. 214,007 0 0 Lands, Miscellaneous .. .. .. .. .. .. .. 3,621 0 3 Irrigation, Water-supply, and Drainage.. .. .. .. .. .. 2,406 610 Plant, Material, and Stores .. .. .. .. .. .. .. 4,292 6 0 Total of Public Works Fund .. .. .. .. £442,625 7 7 Consolidated Fund — £s. d. State Coal-mines Account .. .. .. .. .. .. 4,929 15 1 Public Works Fund — £s. d. Waihou and Ohinemuri Rivers Improvement Account .. 2,954 5 5 Electric Supply Account .. .. .. .. .. 87,856 4 8 90,810 10 1 Deteriorated Lands Account .. .. .. .. .. .. .. 11795 Education Loans Account .. .. .. .. .. .. .. 2,213 12 10 Hauraki Plains Settlement Account .. .. .. .. .. .. 1,808 3 1 Kauri-gum Industry Account .. .. .. .. .. .. 440 15 10 Land for Settlements Account .. .. .. .. .. .. 1,143 8 9 Land for Settlements Account— £s. d. Discharged Soldiers Settlement Account .. .. .. 238 0 0 Opening up Crown Lands for Settlement Account .. .. 2,798 19 7 3,036 19 7 Main Highways Account—Revenue Fund .. .. .. .. .. 73,702 10 11 Main Highways Account—Construction Fund .. .. .. .. .. 81,846 16 0 National Endowment Account .. .. .. .. .. .. .. 1,004 18 9 Native Land Settlement Account .. .. .. .. .. .. 542 810 Railways Improvement Authorization Act 1914 Account .. .. .. .. 42,082 11 0 Rangitaiki Land Drainage Account .. .. -...... .. 448 511 State Forests Account .. .. .. .. .. .. 13,454 11 6 Swamp Land Drainage Account .. .. .. .. .. .. 1,173 19 9 Westport Harbour Account .. .. .. .. .. .. .. 612 3 6 Working Railways Account .. .. .. .. .. .. .. 309,278 0 0 Government Insurance Account .. .. .. .. .. .. 1,142 1 6 Government Accident Insurance Account .. .. .. .. .. 955 11 7 State Fire Insurance Account .. .. .. .. .. .. .. 202 511 Native Trustee's Account .. .. .. .. .. .. .. 57 511 Public Service Superannuation Fund Account .. .. .. .. .. 23 5 8 State Advances Account — £b. d. Advances to Settlers Branch .. .. .. .. 2,102 13 2 Advances to Workers Branch .. .. .. .. 541 6 6 Miscellaneous Business Branch ~~~~ 55 5 9 2,699 5 5

B.—l [PT. I]

90

PUBLIC ACCOUNTS, 1925-19 2 6

SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1926, as rendered by respective Departments in terms of Section 42 of the Public Revenues Act, 1910—continued. SUMMARY. Consolidated Fund — £s. d. £s. inordinary Revenue Account .. .. .. .. 376,299 12 5 State Coal-mines Account.. .. .. .. .. 4,929 15 1 Deposits Account .. .. .. .. .. 350 — 381,232 12 6 Public Works FundGeneral Purposes Account .. .. .. .. 442,625 7 7 Waihou and Ohinemuri Rivers Improvement Account .. 2,954 5 5 Electric Supply Account .. .. .. .. .. 87,856 4 8 533,435 17 8 Deteriorated Lands Account .. .. ... .. .. 117 9 5 Education Loans Account .. .. .. .. .. .. .. 2,213 12 10 Hauraki Plains Settlement Account .. .. .. .. .. 1,808 3 1 Kauri-gum Industry Account .. .. .. .. .. .. .. 440 15 10 Land for Settlements Account .. .. .. .. .. .. 1,143 8 9 Land for Settlements Account —- £s. d. Discharged Soldiers Settlement Account .. .. .. 238 0 0 Opening up Crown Lands for Settlement Account .. .. 2,798 19 7 3,036 19 7 Main Highways Account —Revenue Fund .. .. .. .. 73,702 10 11 Main Highways Account—Construction Fund .. .. .. .. .. 81,846 16 0 National Endowment Account .. .. .. .. .. .. 1,004 18 9 Native Land Settlement Account .. .. .. .. .. .. 542 810 Railways Improvement Authorization Act 1914 Account .. .. .. .. 42,082 11 0 Rangitaiki Land Drainage Account .. .. .. .. .. .. 448 511 State Forests Account .. .. .. .. .. .. .. 13,454 11 6 Swamp Land Drainage Account .. .. .. .. .. .. 1,173 19 9 Westport Harbour Account .. .. .. .. .. .. .. 612 3 6 Working Railways Account .. .. .. .. .. .. .. 309,278 0 0 Government Insurance Account .. .. .. .. .. .. 1,142 1 6 Government Accident Insurance Account .. .. .. .. .. 955 11 7 State Fire Insurance Account .. .. .. .. .. .. .. 202 511 Native Trustee's Account .. .. .. .. .. .. .. 57 511 Public Service Superannuation Fund Account .. .. .. .. ..23 5 8 State Advances Account .. .. .. .. .. .. 2,699 5 5 Total, all accounts .. .. .. .. .. £1,452,655 110 Note.—As the law does not require these figures to be audited, the Audit Office has not examined this statement. Approximate Cost o1 Paper.—Preparation, not given ; printing (675 copies l , £210.

By Authority : W. A. G. Skinner, Government Printer, Wellington.—l 926. Price Is. 9d.]