PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1928-29.

Appendix to the Journals of the House of Representatives, 1929 Session I, B-01-part01

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1929. NEW ZEALA ND.

PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1928-29.

PRESENTED TO PARLIAMENT IN ACCORDANCE WITH THE PUBLIC REVENUES ACT, 1926, AND THE NEW ZEALAND CONSTITUTION ACT, 1852.

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CONTEN T S. ABSTRACT OF THE PUBLIC ACCOUNTS:— Receipts and Expenditure compared with Year 1927-1928,-CONSOLIDATED FUND— PAGE Ordinary Revenue Account .. .. .. .. .. .. ■ • 4 Conversion Account .. .. .. .. .. .. . • .. 12 Nauru and Ocean Islands Account .. .. .. .. .. .. 12 Nauru and Ocean Islands Sinking Fund Account .. .. .. .. .. 12 Accounts of Local Bodies .. .. .. .. .. .. .. .. 12 Deposits Account .. .. .. .. .. .. .. ■ 14 Public Works Fund:— General Purposes Account .. .. .. .. .. .. .. 16 Waihou and Ohinemuri Rivers Improvement Account .. .. .. .. 20 Electric Supply Account .. .. .. .. .. .. .. . 22 Electric Supply Sinking Fund Account .. .. .. .. .. .. 24 Other Accounts :— Advances to other Governments Account .. .. .. .. .. .. 24 Bank op New Zealand Shares Account .. .. .. .. .. .. 26 Cheviot Estate Account .. .. .. .. .. .. .. .. 26 Deteriorated Lands Account .. .. .. .. .. .. .. 28 Discharged Soldiers Settlement Account .. .. .. .. .. .. 28 Discharged Soldiers Settlement Loans Act 1920 Depreciation Fund Account .. 32 Education Loans Account .. .. .. .. .. .. .. .. 32 General Purposes Relief Account .. .. .. .. .. .. 34 Hauraki Plains Settlement Account .. .. .. .. .. .. 34 Howard Estate Account .. .. .. .. .. .. .. .. 36 Hunter Soldiers' Assistance Tkust Account .. .. .. .. .. 36 Hutt Valley Lands Settlement Account .. .. .. .. .. .. 36 Kauri-gum Industry Account .. .. .. .. .. .. .. 36 Land Assurance Fund Account .. .. .. .. .. .. .. 38 Land for Settlements Account .. .. .. .. .. .. .. 38 Land for Settlements Account (Opening up Crown Lands for Settlement) .. 40 Land for Settlements Account (Discharged Soldiers Settlement Account) .. 42 Loans Redemption Account .. .. .. .. .. .. .. 42 Main Highways Account Revenue Fund .. .. .. .. .. .. 48 Main Highways Account Construction Fund .. .. .. .. .. 50 Mining Advances Account .. .. .. .. .. .. .. .. 50 National Endowment Account .. .. .. .. .. .. .. 52 National Endowment Trust Account .. .. .. .. .. .. 52 Native Land Settlement Account .. .. .. .. .. .. .. 52 Public Debt Repayment Account .. .. .. .. .. .. 56 Railways Improvement Authorization Act 1914 Account .. .. .. .. 56 Rangitaiki Land Drainage Account .. .. .. .. .. .. 58 Remittances from London Account.. .. .. .. .. .. .. 60 Remittances to London Account .. .. .. .. .. .. .. 60 Reserve Fund Account .. .. .. .. .. .. .. .. 60 Samoan Loan Suspense Account .. .. .. .. .. .. .. 60 State Advances Loan Account .. .. .. .. .. .. 60 State Coal-mines Account .. .. .. .. .. .. .. .. 62 State Coal-mines Sinking Fund Account .. .. . .. .. 62 State Forests Account .. .. .. .. .. .. .. .. 64 Swamp Land Drainage Account .. .. .. .. .. .. .. 66 Westport Harbour Account .. .. .. .. .. .. . . 68 Working Railways Account .. .. .. .. .. .. .. 68 Public Account Cash Balance Investment Account .. .. .. .. 70 Summary of Balances .. .. .. .. .. .. .. .. 72 Explanatory Statement of Investments .. .. .. .. ~ .. 73 ISSUES COMPARED WITH THE SUMS VOTED UNDER APPROPRIATION ACT, 1928 . . 76 CIVIL LIST ACT, 1920 .. .. .. .. .. .. .. .. .. .. 82 UNAUTHORIZED EXPENDITURE ACCOUNT:— Consolidated Fund— Ordinary Revenue Account .. .. .. .. .. .. .. .. 86 Public Works FundGeneral Purposes Account .. .. .. .. .. .. .. .. 88 Hauraki Plains Settlement Account .. .. .. .. .. .. .. 89 Main Highways Account— Revenue Fund .. .. .. .. .. .. .. .. 89 Post and Telegraph Department .. .. .. .. .. .. .. . . 89 Government Life Insurance Department .. .. .. .. .. .. .. 89 Public Service Superannuation Fund Account .. .. . .. .. .. 89 Surplus Credits-in-aid applied in terms of Section 51, Subsection (3) of the Public Revenues Act, 1926 .. .. .. .. .. .. .. .. .. .. 89 Summary .. .. .. .. .. .. .. .. ~ .. .. 90 SUMMARY OF CERTIFIED STATEMENTS OF LIABILITIES .. .. .. .. 92

ABSTRACT 3 OF THE Ebvenue and Expenditure OF THE PUBLIC A CCO U JSTT OF N K \\ Z B A I j A IST D FOK THE YEAR ENDED 31st MARCH, 192 9, COMPARED WITH THE YEAR ENDED 31ST MARCH, 1928.

2 —13. 1 | Pt. I

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4

PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928.

1927-1928. RECEIPTS. 1928-1929. ■ £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 1,807,285 6 2 Cash in the Public Account .. .. .. .. .. .. 1,729,392 2 6 Imprests outstanding— 52,421 8 5 In the Dominion .. .. .. .. .. .. .. 94,499 6 6 128,169 12 2 In London .. .. .. .. .. .. .. .. 160,539 2 1 Investment Account— £ s. d. 1,693,589 11 1 Securities held .. .. .. .. .. 1,207,800 19 4 Transfers under Section 40, Public Revenues Act, 1926 .. 110.000 0 0 j 1,317,800 19 4 3,681,465 17 10 3,302,231 10 5 ''I Ordinary Revenue, — £ s. d. 7,942,588 18 10 Customs .. .. .. .. .. ..7,954,252 11 1 609,623 19 1 Beer Duty .. .. .. .. .. .. 611,483 18 10 369,117 11 9 Motor-vehicles —Duties, Licenses, &c. .. .. .. 1,243,576 J9 11 3,504,366 18 11 Stamp and Death Duties .. .. .. .. 3,575,719 11 4 3,323,259 10 10 Postal and Telegraph Revenae 1,154,479 3 11 Land-tax .. .. .. .. .. .. 1,140,323 19 2 3,273,729 3 2 Income-tax .. .. .. .. .. 3,310,877 0 1 200,259 5 10 Registration and other Fees .. .. .. .. 198,267 9 4 112,502 0 2 Marine.. .. .. .. .. .. .. 118,249 16 11 698,056 16 8 Interest on Public Moneys .. .. .. .. 760,035 6 2 2,130,866 17 10 Interest on Railway Capital Liability .. .. .. 2,331,334 14 5 Interest on Capital Liability, Postal and Telegraph . . . . 428,000 0 0 878,408 7 7 Interest on the Public Debt Redemption Fund .. .. 995,201 15 5 10,158 8 10 Local Bodies'Loans Act, 1908, Section 76 .. 32,178 5 7 Rents of Buildings .. .. .. .. .. 25,284 5 9 66,963 15 4 Tourist and Health Resorts .. .. .. .. 72,894 12 0 41,938 15 2 Miscellaneous .. .. .. .. .. .. 99,221 12 6 ■ 22,864,723 12 11 24,348,497 19 6 200,914 9 7 Territorial Revenue .. .. .. .. .. .. 198,802 14 4 24,549,412 9 1 23,063,526 7 3 I Departmental Receipts,— £ s. d. 245,395 11 1 Printing and Stationery Department .. .. .. 241,741 16 7 213,770 2 2 Justice Department .. .. .. .. .. 183,116 0 3 93,473 17 9 Stamp Duties Department .. . .. .. 92,281 18 10 8,160 18 2 Native Department .. .. .. .. 7,923 7 11 2 15 0 Land and Income Tax Department -■ 525,063 3 7 560,803 4 2 £ s. d. 13,676 15 1 Recoveries on account of Expenditure of previous Years .. 11,076 17 7 Recoveries on account of Unauthorized Expenditure of previous 87 8 8 Years .. .. .. .. .. .. .. 960 — 11,086 3 7 13,764 3 9 23,599,675 14 5 I I 28,805,445 14 10 Carried forward .. .. .. .. .. j .. j26,901,907 4 10

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PUBLIC ACCOUNTS, 1 928-1 929.

ORDINARY REVENUE ACCOUNT.

1927-1928. 1928-1929. Gross. EXPENDITURE. Gross . £ s. d. Permanent Appropriations,— £ s. d. £ s. d. 30,288 12 7 Civil List .. .. .. .. .. .. .. .. 30,167 9 0 Debt Services— £ s. d. 10,9-53,503 13 5 Interest .. .. .. .. .. .. 11,339,568 18 0 Amortization of Debt— 7,000 0 0 Sinking Fund .. .. .. .. .. 7,000 0 0 993.764 9 0 Repayment of the Public Debt Act, 1925, Section 11 .. 1,046,927 14 7 367,705 8 4 Repayment of Funded Debt .. .. .. .. 386,224 8 0 12,779,721 0 7 12,321,973 10 9 Under Special Acts of the Legislature— Subsidies paid to Local Bodies— 185,940 4 7 Appropriation Act, 1916, Section 9 .. .. .. 186,166 16 2 29,738 10 10 Municipal Corporations Act, 1920, Section 72 .. .. 29,898 5 6 Hospitals and Charitable Institutions Act, 1926— 683,148 19 0 Subsidies paid to Hospital Boards and Charitable Institutions 673,689 2 0 1,741 12 7 Subsidy paid to Jubilee Institute for the Blind .. .. 1,221 2 11 Education Act, 1914— 38,457 9 8 Subsidies .. .. . .. .. .. 37,208 11 4 Appropriation Act, 1925, Section 15— 23,062 10 0 Cost of Maintenance of Overseas War-graves and Memorials 30,750 0 0 Land Act, 1924, Sections 139 and 358 — " Halves," " Thirds," and " Fourths " paid over to Local 7,906 6 8 Bodies'Deposit Accounts .. .. .. .. 8,668 9 11 New Zealand Loans Act, 1908, Section 26 — 31,387 19 5 Management Charges of Consolidated Stock .. .. 33,309 18 3 Finance Act, 1925, Section 8 — 25,209 5 2 Refund to Racing Clubs of Proportion of Totalizator Duty 26,165 18 6 Endowments— 2,976 8 10 New Plymouth Harbour Board Endowment Act, 1874 .. 2,525 3 10 Government Railways Act, 1926, Section 37 (16) — 484,658 14 6 Losses on Isolated Sections and Branch Lines .. .. 496,578 8 11 Appropriation Act, 1926, Section 13: — 23,125 0 0 Exchange on Remittances to and from London .. .. 24,812 10 0 Appropriation Act, 1926, Section 14— Or. 23 7 1 Fruit Export Guarantee 37,514 14 3 Family Allowances Act, 1926 .. .. .. .. 54,815 9 0 Pensions Act, 1926— 968,927 18 5 Old-age Pensions .. .. .. .. .. 1,018,353 3 10 302.765 15 5 Widows'Pensions .. .. .. .. .. 312,962 11 2 12,249 6 2 Pensions for the Blind .. .. ... .. 13,338 16 11 45,083 0 0 Miners'Pensions .. .. .. .. .. 48,102 2 8 16,377 9 7 Military Pensions .. .. .. .. .. 13,673 0 10 1,146,954 17 2 War Pensions Act, 1915 .. .. .. .. 1,178,646 5 10 Superannuation Payments— Finance Act, 1925, Section 27—■ Increased Benefits for Widows and Children of Deceased 11,767 11 9 Contributors Public Service Superannuation Act, 1927— 86,000 0 0 Section 50 .. .. .. .. .. 86,000 0 0 161 17 4 Section 62 .. .. .. .. .. 671 6 6 43,000 0 0 Section 112 .. .. .. .. .. 43,000 0 0 5,506 0 0 Section 114 .. .. .. .. .. 17,707 0 5 Finance Act, 1927 (No. 2), Section 5— 125,000 0 0 Contribution towards Singapore Naval Base .. .. 125,000 0 0 Discharged Soldiers Settlement Loans Act, 1920, Section 7 (transfer to Discharged Soldiers Settlement Loans Act, 50,000 0 0 1920, Depreciation Fund Account) .. .. .. 50,000 0 0 Finance Act, 1928, Section 20 .. .. .. .. 15,433 10 4 Rural Advances Act, 1926, Section 8 (2) — 506 17 6 Interest on Rural Advances Bonds .. .. .. 37,732 3 0 Finance Act, 1927 (No. 2), Section 24 (1) — Tire-tax, Fees, and Fines transferred to the Main High225,602 1 0 ways Account, Revenue Fund .. .. .. 441,345 II 1 Motor-spirits Taxation Act, 1927, Section 7— 1,710 4 8 Expenses of collecting and refunding tax on motor-spirits.. 8,302 16 11 Motor-spirits Taxation Act, 1927, Section 9 (1) (a) — Tax on motor-spirits allocated to Main Highways Account, 130,460 17 7 Revenue Fund .. .. .. .. .. 730,414 6 2 Motor-spirits Taxation Act, 1927, Section 9 (1) (b) — Tax paid to Borough Councils .. .. .. 54,953 1 7 409,805 6 0 Miscellaneous special Acts .. .. .. .. 471,750 14 4 6,273,196 7 11 5,156,723 11 0 - 19,083,084 17 6 '17,508,985 14 4 Carried forward .. .. .. .. -• 19,083,084 17 6

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PUBLIC ACCOUNTS.. 1 928-1 9 29.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

6

1927-1928. RECEIPTS. 1928-1929. £ s. d. £ s. d. j £ s. d. 28,805,445 14 10 Brought forward .. .. .. .. .. .. ,26,901,907 4 10 Credits in reduction, — Permanent Appropriations— Debt Services — £ s. d. 2,556,429 9 2 Interest .. .. .. .. .. .. 2,664,348 9 2 I 7,452 6 8 I Sinking Fund .. .. .. .. .. 4,117 12 10 489 5 10 j Repayment of Funded Debt . . .. .. '.. 513 18 8 2,668,980 0 8 2,564,371 1 8 | I Under Special Acts of the Legislature— 11 18 0 Education Act, 1914 —Subsidies New Zealand Loans Act, 1908, Section 26— 1-3,116 13 4 Management Charges of Consolidated Stock .. .. 3,466 2 7 2,614 9 4 Pensions Act, 1926 (Miners'Pensions) .. .. .. 2,376 19 5 Public Service Classification and Superannuation Act, 1908, 153 3 3 Section 49, and Amendments (Public Service).. Public Service Superannuation Act, 1927 38,912 0 3 Section 50 .. .. .. .. .. 39,080 0 5 Section 114 .. .. .. .. .. 4,277 19 1 Finance Act, 1925 (Section 27) — Increased Benefits for Widows and Children of Deceased 4,445 14 9 Contributors Finance Act, 1928, Section 20 .. .. .. 15,433 10 4 Public Revenues Act, 1926, Section 137 .. .. 29,245 13 4 Westport Harbour Act, 1920, Section 5 (a), and Finance Act, 1921, Section 4 .. . , .. .. 30,000 0 0 Rural Advances Act, 1926, Section 8 (2)—Interest on Rural Advances Bonds .. .. .. 42,420 8 2 5,982 4 1 Miscellaneous special Acts .. .. .. .. 3,207 3 4 169,507 16 8 j 65,236 3 0 — 1 2,838,487 17 4 Credits-in-Aid, — 5,856 18 8 Vote—Legislative Departments .. .. .. .. .. .. 3,817 19 7 3 13 ,, Prime Minister's Department 3,757 12 4 ., Treasury Department .. .. .'. .. .. .. 3,416 8 6 1,500 0 3 ,, Land and Income Tax Department .. .. .. .. .. 1,332 1 1 17,124 8 1 ,, Stamp Duties Department .. .'. .. .. .. ., ! 14,182 1 9 311 16 5 ,, National Provident and Friendly Societies Department .. . . j 402 1 8 677,780 18 6 ,, Post and Telegraph Working-expehses .. . . .. .. i 84,228 8 1 ., Public Buildings .. .. .. .. . . .. .. j 95,244 13 10 36 3 1 „ Government and other Domains .. .. .. .. . . | 2,279 17 0 2,037 13 4 ,, Maintenance and repairs to Roads .. .. .. .. .. j 4,369 19 5 354 8 1 ,, Maintenance of Irrigation-works, &c. .. .. .. .. j 167 1 9 10,040 13 0 „ Native Department .. .. .. .. .. .. 10,201 5 8 454 12 1 ,, Department of External Affairs .. .. .. .. .. j 1,857 11 11 13,886 4 6 ,, Cook Islands .. .. .. .'. .. .. ... j 23,343 8 4 2,625 15 4 „ Department of Industries and Commerce .. .. ... .. j 3,041 8 0 13,272 15 3 „ Department of Justice .. .. .. .. .. .. 10,166 17 7 66,979 7 9 ,, Prisons Department .. .. .. .'. .. .. I 73,994 10 9 1,303 19 9 „ Crown Law Office .. • .. .. .. .. .. 824 12 0 6,869 12 7 „ Police Department .. .. .. .. .. .. 6,924 13 6 3,236 12 4 ,, Pensions Department .. .. .. .. .. .. 3,349 9 0 1,473 13 9 „ Mines Department .. .. .. .. .. .. 2,267 6 0 69,846 14 3 ,, Department of Internal Affairs .. .. .. .. .. j 60,196 10 11 25,010 19 9 „ Audit Department .. .. .. .. .. .. 29,298 7 10 218 14 2 ,, Public Service Commissioner's Office .. .. .. .. 355 10 0 134,805 2 0 ,, Mental Hospitals Department .. .. .. .. .. | 130,003 12 0 104,986 14 8 „ Department of Health .. .. .. .. .. .. 99,360 15 4 33,507 14 7 ,, Naval Defence .. .. .. .. ,. .. .. 39,670 14 9 25.744 17 11 ,, Defence Department .. .. .. .. .. .'. .23,812 5 10 4,360 19 2 „ Customs Department .. .. .. .. .. 9,718 8 7 4,975 12 8 „ Marine Department .. .. .. .. ... .. 6,817 13 4 2,050 8 0 ,, Department of Labour .. .. .. .. .. .. 2,066 0 3 120,179 2 1 „ Department of Lands and Survey .. .. .. ... .. 111,177 7 0 22 5 2 ,, Scenery Preservation .. . . . .. .. .. ! 1 17 0 11.745 14 0 „ Valuation Department .. .. . .. .. .. 13,141 10 9 1 79 10 6 „ Electoral Department .. .. .. .. .. .. 1,852 3 5 96,787 6 3 ,, Department of Agriculture .. .. .. .. .. .. 107,088 13 9 633 10 6 ,, Department of Tourist and Health Resorts .. .. .. .. 1,543 3 9 254,916 11 9 „ Education Department .. .. .. .. .. .. 263,186 3 8 4,019 4 7 „ Department of Scientific and Industrial Research .. .. .. 9,372 2 2 1,807,025 16 5 31,435,052 19 6 Carried forward .. .. .. .. .. 1,169,846 7 8 29,740,395 2 2 ■ I . • •

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PUBLIC ACCOUNTS, 1 9 28-1929.

ORDINARY REVENUE ACCOUNT —continued.

1927-1928. 1928-1929. Gross. . EXPENDITURE. Gross. £ s. d. £ s. d. £ s. d. 17,508,985 14 4 Brought forward .. .. .. .. •• 19,083,084 17 6 | Annual Appropriations,— 103,493 16 1 Vote—Legislative Departments .. .. .. .. .. .. 99,009 7 10 12,603 2 5 „ Prime Minister's Department .. .. .. .. .. 13,084 0 10 41,622 17 6 „ Treasury Department .. .. .. .. .. .. 40,910 11 1 60,383 1 3 „ Land and Income Tax Department .. .. .. .. .. 62,430 14 5 119,415 17 „ Stamp Duties Department .. .. .. .. .. .. 110,761 11 10 25,103 16 0 „ National Provident and Friendly Societies Department .. .. 25,448 15 9 2,974,838 8 6 „ Post and Telegraph Working Expenses 168,938 16 0 „ Public Buildings .. .. .. .. .. .. .. 182,317 6 7 6,043 14 8 „ Government and other Domains .. .. .. .. .. 7,578 7 2 113,738 19 0 | „ Maintenance and Repairs to Roads .. .. .. .. .. 89,805 17 1 17,617 19 1 I „ Maintenance of Irrigation-works, &c. .. .. .. .. 14,305 6 4 39,324 4 8 j „ Native Department .. .. .. .. .. .. 41,878 6 2 35,920 13 7 „ Department of External Affairs .. .. .. .. .. ' 40,290 6 1 63,839 11 3 j „ Cook Islands .. .. .. .. .. .. .. 58,165 0 2 35,944 2 6 j ,, Department of Industries and Commerce .. .. .. .. 34,460 7 6 145,917 9 7 j „ Department of Justice .. .. .. .. .. .. 142,790 7 2 161,199 2 1 „ Prisons Department .. .. .. .. .. .. 163,450 17 9 6,685 2 3 „ Crown Law Office .. .. .. .. .. .. 6,758 15 4 424,844 17 5 ,, Police Department .. .. .. .. .. .. 451,894 16 1 172,514 15 8 1 ,, Pensions Department .. .. .. .. .. .. 169,261 5 11 34,771 0 11 „ Mines Department .. .. .. .. .. .. 34,691 12 0 419,563 5 9 „ Department of Internal Affairs .. .. .. .. .. 420,162 7 5 51,928 2 8 „ Audit Department .. .. .. .. .. .. 54,088 1 4 6,581 10 „ Public Service Commissioner's Office.. .. .. .. .. 7,417 7 10 226,296 14 1 ,, Printing and Stationery Department.. .. .. .. .. 220,795 18 4 409,622 11 11 ,, Mental Hospitals Department .. .. .. .. .. 433,303 9 10 351,630 5 3 „ Department of Health .. .. .. .. .. .. j 339,117 19 7 520,337 15 9 ,, Naval Defence .. .. .. .. .. .. .. I 503,166 9 6 507,503 16 11 Defence Department .. .. .. .. .. .. 488,407 10 2 179,384 3 0 „ Customs Department .. .. .. .. .. .. 127,108 5 10 124,053 16 11 ,, Marine Department .. .. .. .. .. .. 117,029 10 10 58,530 18 9 „ Department of Labour .. .. .. .. .. .. 62,959 5 6 306,701 2 4 „ Department of Lands and Survey .. .. .. .. .. 292,925 1 11 6,599 10 10 „ Scenery Preservation .. .. .. .. .. .. 14,141 0 7 63,356 2 11 „ Valuation Department .. .. .. .. .. .. 66,741 18 4 9,806 12 7 ,, Electoral Department .. .. .. .. .. .. 91,624 14 4 462,397 0 1 „ Department of Agriculture .. .. .. ... .. .. 559,015 3 7 77,504 4 9 >, Department of Tourist and Health Resorts .. .. .. .. 84,530 10 9 3,254,531 14 4 ,, Education Department .. .. .. .. .. .. 3,355,482 11 9 48,842 6 2 „ Department of Scientific and Industrial Research .. .. .. j 66,907 4 2 11,849,931 18 0 9,094,218 4 8 Unauthorized Expenditure,— 27,290 7 0 Services not provided for.. .. .. .. .. .. .. 21,128 19 7 Public Revenues Act, 1926, Section 59, — 6 ,677 15 7 Emergency Expenditure Account .. 9,115,347 4 3 11,883,900 0 7 j ' , Appropriation Act, 1926, Section 17, — Transfer to the Bank of New Zealand Shares Account in terms of above Act, being 117,187 10 0 instalments payable for purchase of C Long-term Mortgage Shares .. .. .. 68,593 15 0 29,510,073 4 11 Carried forward .. .. .. .. .. .. 28,257,025 16 9

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8

PUBLIC ACCOUNTS, 192 8-1 9 29.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. 1928-1929. £ s. d. £ s. d. £ s. d. j31,435,052 19 6 Brought forward .. .. .. .. .. 1,169,846 7 8 29,740,395 2 2 I— 1,807,025 16 5 Credits in reduction, — Unauthorized Expenditure— 11,347 11 8 Services not provided for .. .. .. .. .. ! 13,169 12 4 Public Revenues Act, 1926, Section 59, — Credits in reduction — 0 12 1 Emergency Expenditure Account j 1,183,016 0 0 1,818,374 0 2 Credits in reduction, — Native Trustee Act. 1920, Section 17— Advance to Native Trustee .. . .. .. . .. 28,500 0 0 j | i Public Revenues Act, 1926, Section 40, — 26,000 0 0 Temporary transfers to other Accounts repaid Public Revenues Act, 1926, Section 41, — 250,000 0 0 Treasury Bills issued .. .. >. , . .. .. 200,000 0 0 . 33,529,426 19 8 Carried forward .. . .. .. .. 31,151,911 2 2

B. —1 [PT. I].

9

PUBLIC ACCOUNTS, 1928-1929.

ORDINARY REVENUE ACCOUNT —continued.

1927-1928. 1928-1929. Gross. EXPENDITURE Qross# £ s. d. £ a. d. £ s. d. 29,510,073 4 11 Brought forward .. .. .. .. .. .. 28,257,025 16 9 Amortization of Debt, — New Zealand Loans Act, 1908, and Finance Act, 1927, Section 6— 41,225 0 0 Debentures redeemed at Maturity Education Purposes Loan Act, 1919— Due 1st October, 1928 .. .. .. .. .. .. 20 0 0 Finance Act, 1915, Section 105 (Public Works;, (due 15th December, 1925).. 30 0 0 i j 50 0 0 ' . New Zealand Inscribed Stock Act, 1917— 53,550 0 0 Inscribed Stock redeemed at Maturity .. .. .. .. .. I I | | • ' I I I • I • I I I I I | Debentures redeemed and cancelled before maturity in terms of Section 24 of 1,204 7 6 the Finance Act, 1921-22 .. ' 129,606,052 12 5 Carried forward .. .. .. •• 28,257,075 16 9 _ . |

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PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

I ~~i 5 r ~ I 1927-1928. RECEIPTS. 1928-1929. _ [ £ s. d. ••■'.-£ s. d. £ s. d. 33,529,426 19 8 Brought forward . ■ •• 31,151,911 2 2 ■ . | • ' . I ' j | ' I * * * ' I | | * 133,529,426 19 8 Totals .. .. £31, 151 , 911 2 2

11

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PUBLIC ACCOUNTS, 1 928-1 929.

ORDINARY REVENUE ACCOUNT —continued.

3—B. 1 [PT. I].

1927-1928. 1928-1929. r ,„„, EXPENDITURE _ Gross. Gross. I ; £ s. d. £ s. d. £ s. d. 29,006,052 12 5 Brought forward .. .. .. .. .. .. 28,257,075 16 9 Public Revenues Act, 1926, Section 41, —- 250,000 0 0 Treasury Bills redeemed .. .. .. .. .. .. .. .. 200,000 0 0 Finance Act, 1927, Section 3 (1), — 45,000 0 0 Advance to State Forests Account Native Trustee Act, 1920, Section 17, — Advances to Native Trustee .. .. .. .. .. .. .. 61,500 0 0 j Rural Intermediate Credit Act, 1927, Section 16— j Advances to Rural Intermediate Credit Board .. .. .. .. .. I 110,100 0 0 Imprest Supply Act, 1927, Section 4, — Subsidies to Local Authorities in respect of Amounts expended in Relief of ITn75,105 19 1 employment .. .. .. .. .. .. .. .. .. 31,091 9 0 Local Authorities Empowering (Relief of Unemployment) Amendment Act, 1.928, Section 3— Subsidies to Local Authorities in respect of Unemployment Relief Works .. I .. 1 37,474 19 3 ■ Transfer to Public Works Fund (General Purposes Account) in terms of Section 12 250,000 0 0 of the Appropriation Act, 1927 1,036 17 9 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — Finance Act, 1918, Section 10 (War Expenses), (renewals) ... .. .. 24 0 6 Finance Act, 1920, Section 15 (Public Works), (redemptions) .. .. 551 0 0 Finance Act, 1928, Section 9, and Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement), (redemptions) .. .. .. .. 325 0 0 War Purposes Loan Act, 1917 (renewals) .. .. .. .. 22 12 0 War Purposes Loan Act, 1917 (redemptions) .. .. .. . 205 5 0 1,127 17 6 Balance at end of Year, — 1,729,392 2 6 Cash in the Public Account .. .. .. .. .. .. 2,315,380 16 6 Imprests outstanding— 94,499 6 6 In the Dominion .. .. .. .. .. .. .. 24,994 10 7 160,539 2 1 In London .. .. .. .. .. .. .. .. 110,885 1 1 Investment Account— 1,207,800 19 4 Securities held .. .. .. .. .. .. .. 2,280 11 6 110,000 0 0 Transfers under Section 40, Public Revenues Act, 1.926 2,453,540 19 8* 3,302,231 10 5 I J £33,529,426 19 S Totals .. .. .. .. .. .. .. £31,151,911 2 2 * For explanatory statement see page 73.

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12

PUBLIC ACCOUNTS, 1928-1929.

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

CONVERSION 1927-1928. RECEIPTS 1928-1929. £ a. d. Balance at beginning of Year, — £ s. d. £ s. d. 31 5 2 Cash in the Public Account .. .. .. .. .. .. .. 315 2 I I i ■ £31 5 2 Totals .. .. .. .. .. .. .. £31 5 2 NAURU AND OCEAN ' £ s. d. | Balance at beginning of Year, — £ s. d. £ s. d. 50 7 10 Cash in the Public Account .. . . .. .. .. .. 244 15 9 I Investment Account - 3,200 0 0 Securities held .. .. .. .. .. .. .. 3,200 0 0 — 1 3,444 15 9 3,250 7 10 Contributions by the British Phosphate Commission towards Interest and Sinking 35,848 11 2 Fund .. .. .. .. .. .. .. .. .. .. 35,848 11 2 699 7 11 Interest on Investments .. .. .. .. .. , . .. .. 343 16 2 f | £39,798 6 11 Totals .. .. .. .. .. .. .. £39,637 3 1 NAURU AND OCEAN ISLANDS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 163 11 0 Cash in the Public Account .. .. .. 710 Investment Account— Securities held .. .. .. .. . . . . . 100 0 0 ; _ | 107 I 0 Transfer from Nauru and Ocean Islands Account, — Amount received from British Phosphates Commission in excess of Amount required 9,153 19 0 to recoup Consolidated Fund for Interest on Loan.. .. .. .. ... 9,742 11 2 219 11 0 Interest on Investments .. .. .. .. .. .. .. .. 171 18 3 £9,537 1 0 Totals .. .. .. .. .. .. .. i £10,021. 10 5 ~ I ACCOUNTS OF £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 9,573 2 1 Cash in the Public Account .. .. .. .. .. .. .. 8,457 12 11 Revenue received for Local Bodies, — 120 0 0 Fees, Fines, &e. .. .. .. .. .. .. 131 0 0 1,818 7 1 Endowments of Land, &c. .. .. .. .. .. .. 3,643 14 8 21,789 12 11 Goldfields Revenue .. .. .. .. .. .. .. 20,125 5 3 8,345 9 11 Gold Duty .. .. .. .. .. .. .. .. 8,369 3 6 32,269 3 5 32,073 9 11' Public Revenues Act, 1926, Section 146, — 206 8 9 Advance Accounts—Amounts repaid by Local Bodies . . .. .. 60 11 6 £41,853 0 9 Totals .. .. .. .. .. £40,787 7 10

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13

PUBLIC ACCOUNTS, 1928-1929.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928 —continued.

ACCOUNT. 1927-1928. j EXPENDITURE 19 f" 1929 - Gross. Gross. £ 3. d. Transfer of balance, — £ s. d. £ s. d. Balance of Conversion Account as at 31st March, 1929, representing amounts raised to cover charges and expenses of conversions, now transferred to Loans Redemption Account to meet charges and expenses of conversions of 4-per-cent. Stock, 1929 .. .. .• •• ■• •• •• •• • • 31 5 2 Balance at end of Year, — 31 5 2 Cash in the Public Aooount £31 5 2 Totals .. .. .. .. .. • • . • £31 5 2 j — ISLANDS ACCOUNT. £ s. d. Annual Appropriation, — £ s. d. £ s. d. 505 0 0 Vote —Nauru and Ocean Islands .. .. .. .. .. .. .. 505 0 0 — Public Revenues Act, 1926, Section 139, — 26,694 12 2 Interest recouped to the Consolidated Fund .. .. .. .. .. 26,106 00 Amortization of Debt,— 9,153 19 0 Transfer to Nauru and Ocean Islands Sinking Fund Account .. .. .. 9,742 11 2 Balance at end of Year,— 244 15 9 Cash in the Public Account .. .. .. .. .. .. 83 11 11 Investment Account— 3,200 0 0 Securities held .. .. .. • • • • • • • • 3,200 0 0 —I 3,283 11 ll*i 3,444 15 9 | | £39,798 6 11 Totals .. .. .. .. .. .. .. £39,637 3 1 * For explanatory statement see page 73. SINKING FUND ACCOUNT. _____ £ s. d. Debentures redeemed and cancelled in terms of Section 24 of the Finance Act 1 £ s. d. £ s. d. 1921-22,— 9,430 0 0 Finance Act, 1920, Section 15 (Nauru and Ocean Islands) .. Balance at end of Year, — 7 10 Cash in the Public Account .. .. .. .. .. .. | 21 10 5 j Investment Account — 100 0 0 Securities held .. .. .. .. •• .. •• 10,000 0 0 10,021 10 5* 107 1 0 I £9,537 1 0 Totals .. .. .. .. .. .. •• £10,021 10 5 * For explanatory statement see page 73. LOCAL BODIES. £ s. d. Revenue paid over to Local Bodies and other disbursements, — £ s. d. £ s. d. 97 10 0 Fees, Fines, &c. .. ■ ■ • • • • • ■ • ■ • • 234 10 0 983 10 9 Endowments of Land. &e. .. .. .. .. .. .. 4,130 18 1 23,727 16 7 Goldfields Revenue .. .. .. .. •• •• 20,637 1 8 8,380 1 9 Gold Duty .. .. .. .. •• ■■ •• •• 8,372 14 6 — 33,375 4 3 33,188 19 1 Public Revenues Act, 1926, Section 146, — 206 8 9 Advance Accounts—Payments on behalf of Local Bodies .. .. .. .. 62 19 0 Balance at end of Year, — 8,457 12 11 Cash in the Public Account .. .. .. .. .. •• 7,349 4 7 £41,853 0 9 Totals .. .. .. .. .. •• -• £40,787 7 10 j

B.—l [PT. I].

PUB LIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

14

1927-1928. RECEIPTS. I 1928-1929. I I £ s. <1. Balance at beginning of Year, — ! f s. d. £ s. d. 32,125 3 0 Cash in the Public Account .. .. .. .. .. .. 6,178 9 1 Imprests outstanding— 8,241 7 0 In London .. .. .. .. .. .. .. .. 16,898 12 0 Investment Account — Securities held— £ s. d. 97,030 0 0 Deposits'Account (General) .. .. .. .. 81,430 0 0 41,790 0 0 German Currency .. .. .. .. .. 41,790 0 0 28,000 0 0 Miscellaneous (Belgian Relief Fund) .. 1,900 0 0 New Zealand University Endowment, Westland .. 1,900 0 0 136,000 0 0 Receiver-General's Deposit Account .. .. .. 121,000 0 0 4,700 0 0 Rotorua College and Grammar School Account 4,780 0 0 Samoan Loan Sinking Fund Account .. .. 6,798 8 0 252,918 8 0 354,566 10 0 — 275,995 9 1 j Lodgments,— 7,691 8 5 Canteen and Regimental Trust Board 44,960 13 3 Dairy-produce Export Control Act, 1923 .. .. .. .. .. 35,687 16 5 3,025 6 9 Deposits on Contracts .. .. .. .. .. .. .. 2,689 17 3 Education Reserves Amendment Act, 1914 — 7,101 16 11 Sales of Land under Section 3 (Primary-education Endowments) .. .. 67 16 0 Sales of Land under Section 3 (Secondary-education Endowments) — Otago Provincial District .. .. .. .. .. .. 300 0 0 Education Reserves Amendment Act, 1924 — 122,158 1 7 Primary-education Endowment Deposit Account .. .. .. 76,829 13 6 Secondary-education Endowment Deposit Accounts— £ s. d. 2,790 12 8 Auckland Provincial District.. .. .. .. 2,171 17 2 1,304 2 4 Taranaki Provincial District .. .. .. .. 739 2 9 2,915 7 10 Wellington Provincial District .. .. .. 1,409 12 2 2,115 1 8 Hawke's Bay Provincial District .. .. .. 1,333 6 3 414 12 8 Nelson Provincial District .. .. .. .. 351 11 I 94 1 10 Marlborough Provincial District .. .. .. 47 0 6 1,441 9 1 Otago Provincial District .. .. .. .. 826 13 8 6,879 3 7 Education Reserves Act, 1928 — Sales of Land under Section 27 (Primary-education Endowments) .. . . 384 6 8 Primary-education Endowment Deposit Account .. .. .. .. 44,917 13 9 Secondary-education Endowment Deposit Accounts — j Auckland Provincial District .. .. .. 1,092 17 2 Taranaki Provincial District .. .. . . • • 550 3 6 Wellington Provincial District .. .. .. 1,360 0 11 Hawke's Bay Provincial District .. .. 865 11 9 Nelson Provincial District . . . . .. .. 58 1 0 Marlborough Provincial District .. . . .. 47 0 6 Otago Provincial District .. .. .. .. 761 8 6 4,735 3 4 7,020 11 8 Emigrants .. .. .. .. .. .. .. .. | 2,827 18 0 0 11 0 Fisheries Act, 1908 .. .. .. .. .. .. 0 9 3 50 0 0 General Assembly Library Fund .. .. .. .. .. .. 100 0 0 1,811 12 0 German Currency .. .. .. .. .. .. .. 1,321 12 3 2,278 1 6 Gold Duty Suspense .. .. .. .. .. .. .. 2,196 11 10 134 3 5 Greymouth and Hokitika High School Acts, 1883 . . .. . . .. 410 17 3 240 17 5 Honey-export Control Act, 1924 .. .. .. .. .. .. 641 15 2 74 2 6 Hospitals and Charitable Institutions Act, 1926 . . . . .. .. 50 19 11 4,600 0 0 Immigration Restriction Act, 1908 .. .. .. .. .. 3,050 0 0 210 5 0 Imperial Stamps and Postal Orders .. .. .. .. .. i 201 12 7 1,589 19 1 Kauri-gum Control Act, 1925 .. .. .. .. .. .. 1,641 I 5 911 19 6 Land Agents Act, 1921-22, Section 7 .. .. .. 1,000 0 0 10 15 0 Massey Memorial Fund 35,138 18 3 Meat-export Control Act, 1921-22 .. .. .. .. .. 33,869 0 4 1,470 0 11 Mining Act, 1926, Section 447 (5) .. .. .. .. .. .. 150 19 8 141,922 13 5 Miscellaneous .. .. .. .. .. .. .. .. 184,041 9 10 30,456 12 10 Money-order Settlement.. .. .. .. .. .. .. 219,742 4 6 1,488 0 9 Moumahaki Endowment—Revenue Account .. .. .. .. 1,642 19 10 Moumahaki Endowment—-Capital Account .. .. .. .. 87 19 6 134 19 1 National Health Insurance Stamps .. .. .. .. .. 33 18 7 6,670 5 11 Naval Remittances .. .. .. .. .. .. .. 11,069 15 5 45 15 0 Nelson Rifle Prize Fund .. .. .. .. .. .. 45 15 0 88 10 0 New Zealand University Endowment, Westland . . .. .. .. 88 10 0 245 0 0 North Island Experimental Dairy School .. .. .. .. .. 282 6 0 9,430 0 7 Opossum Fees .. .. .. .. .. .. .. .. 11,490 1 11 964 1 7 Orchard-tax Act, 1927 .. .. .. .. .. .. .. 965 15 6 46,661 2 4 Payments through the High Commissioner .. .. .. .. 63,489 0 4 36,870 13 1 Post Office Savings-bank Deposits .. .. .. ' .. 7,978 15 0 526,532 6 10 354,566 10 0 Carried forward .. .. .. .. .. 720,912 19 7 275,995 9 1

B.—l [PT. I .

PUBLIC ACCOUNTS, 1928-19 29.

DEPOSITS ACCOUNT.

15

1927-1928. 1928-1929. Gross. EXPENDITURE. Gross _ £ s. d. Withdrawals, — £ s. d. £ s. d. 540 0 0 British Empire Scholarships 8,529 9 4 Canteen and Regimental Trust Board 50,896 17 5 Dairy-produce Export Control Act, 1923 .. .. .. .. .. 33,731 6 7 3,230 2 3 Deposits on Contracts .. .. .. .. .. .. .. 2,589 18 9 174 16 2 Distribution of Wool Profits .. .. .. .. .. .. 0 12 3 Education Reserves Amendment Act, 1914— Sales of Land under Section 3 (Primary-education Endowments) .. .. 5,000 0 0 Education Reserves Amendment Act, 1924— 122,158 1 7 Primary-education Endowment Deposit Account .. .. .. .. 76,829 13 6 Secondary-education Endowment Deposits Accounts— £ s. d. 3,113 1 4 Auckland Provincial District .. .. .. .. 2,458 10 8 1,241 19 2 Taranaki Provincial District .. .. .. .. 1,171 3 6 2,890 4 0 Wellington Provincial District .. .. .. 2,652 11 11 1,987 9 2 Hawke's Bay Provincial District .. .. 1,912 10 6 431 5 0 Nelson Provincial District .. .. .. .. 248 6 0 91 16 4 Marlborough Provincial District .. .. .. 91 14 9 1,332 8 0 Otago Provincial District .. .. .. .. 1,341 15 3 9,876 12 7 Education Reserves Act, 1928 — Primary-education Endowment Deposit Account .. .. .. .. 44,9J7 13 9 Secondary-education Endowment Deposit Accounts — Auckland Provincial District . .. .. .. 575 15 1 Taranaki Provincial District .. .. .. .. 112 9 11 Hawke's Bay Provincial District . . .. .. 246 6 4 Nelson Provincial District .. .. .. .. 157 1 8 Otago Provincial District .. .. .. .. 57 6 2 1 — 1,148 19 2 8,373 8 4 Emigrants .. .. .. .. .. .. .. 3,336 0 3 50 0 0 General Assembly Library Fund .. .. .. .. .. .. 100 0 0 1,811 12 0 German Currency .. .. .. .. .. .. .. 43,111 12 3 2,451 16 0 Gold Duty Suspense .. .. .. .. .. .. .. 2,183 17 10 190 0 3 Greymouth and Hokitika High School Acts, 1883 .. .. .. .. 388 4 11 220 12 6 Honey-export Control Act, 1924 .. .. .. .. .. .. 629 1 1 70 19 4 Hospitals and Charitable Institutions Act, 1926 .. .. .. .. 53 7 11 3,720 0 0 Immigration Restriction Act, 1908 .. .. .. .. .. 5,660 0 0 188 16 0 Imperial Stamps and Postal Orders .. .. .. .. .. 236 2 7 1,396 15 8 Kauri-gum Control Act, 1925 .. .. .. .. .. .. 1,676 16 1 845 0 0 Land Agents Act, 1921-22, Section 7 . . .. .. . . .. 837 15 0 Massey Memorial Fund .. .. .. .. . . . . .. 32 11 0 33,525 9 0 Meat-export Control Act, 1921-22 .. .. .. .. .. .. 35,063 16 I 30 16 11 Mining Act, 1926, Section 447 (5) .. .. .. .. .. .. j 1,514 13 8 204,589 4 10 Miscellaneous .. .. .. .. .. .. .. .. 150,991 0 7 30,912 6 5 Money-order Settlement .. .. .. .. .. .. .. 219,038 14 5 1,119 14 3 Moumahaki Endowment—Revenue Account .. .. .. .. 2,084 7 5 120 10 4 National Health Insurance Stamps .. .. .. .. .. 146 8 6 4,975 14 1 Naval Remittances .. .. .. .. .. .. .. 11,134 2 11 30 0 0 Nelson Rifie Prize Fund .. .. .. .. .. .. .. 67 10 0 New Zealand University Endowment —Westland .. . . .. .. ] 0 3 0 North Island Experimental Dairy School .. .. .. .. .. ! 12 5 0 9,299 19 1 Opossum Fees .. .. . , .. .. .. .. .. 11,641 3 5 16 0 3 Orchard Tax Act, 1927 .. .. .. .. .. .. .. 1,134 19 6 42,871 10 1 Payments through the High Commissioner .. .. .. .. ... 60,268 6 7 40,305 13 1 Post Office Savings-bank Deposits .. .. .. .. .. 7,758 15 0 714 17 1 Public Trust Office Remittance .. . . .. .. .. 168,641 18 1 Receipts by the High Commissioner for payment in New Zealand .. .. 149,075 5 8 50,000 0 0 Receiver-General's Deposit Account .. .. .. .. .. 25,000 0 0 1,045 5 0 Remittances to Immigrants .. .. .. .. .. .. 936 12 6 7,330 16 9 Rotorua College and Grammar School Account .. .. .. .. 1,301 13 0 Rural Advances .. .. .. .. . . .. . . 827 2 9 Samoan Notes Security Account .. .. . . .. .. . • 489 19 9 119,129 12 8 Samoan Treasury Account .. .. .. .. .. .. 153,605 0 9 State Advances Investments .. .. .. .. .. .. 203,211 13 5 Sumner School for the Deaf— 85 14 6 Horton Bequest .. .. . . . . .. .. 122 10 4 Manson and Brown Bequests 989 15 9 Taranaki Scholarships Endowment Account .. .. .. .. 979 14 3 Tauranga Educational Endowment Reserves Act, 1896 .. .. .. 491 15 4 8,353 4 1 Thermal Springs Districts Act, 1910 .. .. .. .. 65 16 2 Trustee Act, 1908 .. .. .. .. .. .. .. 1,375 13 9 240 2 8 Unclaimed Earnings .. .. . . .. .. .. .. 1 540 8 5 114 2 7 Unemployment Insurance Stamps.. .. .. .. .. .. 140 10 9 507 14 5 Unpresented Cheques .. .. .. .. .. .. .. 448 15 10 — 1,271,620 17 9 941,074 18 3 941,074 18 3 Carried forward .. .. .. .. .. 1,271,620 17 9

B.—i rPT. i

16

PUBLIC ACCOUNTS, 1 928-1 929.

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

DEPOSITS 1927-1928. RECEIPTS. 1928-1929. £ s. d. £ s. d. £ s. d. 354,566 10 0 Brought forward .. .. .. .. .. 720,912 19 7 275,995 9 1 526,532 6 10 Lodgments—continued. 168,773 17 3 Receipts by the High Commissioner for payment in New Zealand .. .. 148,287 6 5 35,000 0 0 Receiver-General's Deposit Account .. .. .. •• 55,000 0 0 833 15 0 Remittances to Immigrants .. .. .. .. ■ • • • 991 17 6 225 1 0 Rotorua College and Grammar School Account .. .. 1,280 16 0 Rural Advances .. .. .. . • • • • • • • 827 2 9 2,381 5 2 Samoan Loan Sinking Fund Account .. .. .. ■ • • • 3,008 16 4 126,338 9 4 Samoan Treasury Account .. .. .. •• •• 145,268 7 2 Samoan Notes Security Account .. .. .. •• 42,279 19 9 State Advances Investments .. .. .. •• •• 503,211 13 5 Sumner School for the Deaf — £ s. d. 52 10 0 Horton Bequest Manson and Brown Bequests 1,014 16 9 Taranaki Scholarships Endowment Account .. .. .. •• 953 2 3 Tauranga Educational Endowment Reserves Act, 1896 .. .. • ■ 760 16 3 37 19 6 Thermal Springs Districts Act, 1910 .. •• •• 37 19 6 505 0 1 Trustee Act, 1908 .. .. •• •• ■■ ■■ 2,361 2 0 320 2 0 Unclaimed Earnings .. .. .. .. • • ■ ■ • • 623 5 8 126 5 9 Unemployment Insurance Stamps .. .. .. . • • • 32 5 2 362 8 8 Unpresented Cheques .. .. .. .. • • • • • • 264 14 6 Victoria College Endowments .. .. •. • • • • • • 72 10 0 __ 6 1,626,174 14 3 862,503 17 4 £1,217,070 7 4 Totals .. .. .. •• •• ■■ •• £1,902,170 3 4 STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND GENERAL PURPOSES £ s. d. Balance at beginning of Year, — ! s - ~ s - 222,820 4 10 Cash in the Public Account .. .. •• •• •• 668,314 3 2 Imprests outstanding— 14,454 7 2 In the Dominion .. .. ■■ •• •• •• •• 11>462 b J 57,112 7 7 In London .. .. •• •• •• •• •• J./ 8 Investment Account — 545,000 0 0 Securities held .. .. •• •• •• •• •• 623,000 0 328 803 7 7 839,386 19 7 Credits-in-aid, — 106,814 10 7 Vote—Public Works Departmental .. .. .. •• •• 122,866 11 6 108,027 9 6 „ Railway-construction .. •• •• •• •• •• 78,649 18 7 168,795 13 5 „ Additions to Open Lines .. .. •• •• •• •• '?!> */( n 274 17 11 „ General .. .. • • • • • • • • • • • • 128 0 0 1 10 0 „ Courthouses .. .. •• •• •• •• ■■ 1,262 17 5 „ Prison Buildings and Works .. ... •• •• ■■ - 4tI ' 0 4 28 0 11 „ Police-stations .. .. •• •• •• ■■ •• 125 17 0 „ Postal and Telegraph .. .. -• •• -• or 7 o „ Agricultural .. •• •• •• •• ■ •»" 1 £ 187 10 „ Mental Hospital Buildings .. .. •• •• 148 15 d 13 172 9 1 ,, Health and Hospital Institutions .. .. ■■ 1,618 3 11 23,934 3 6 „ Timber-supply and Sawmills, &o., for Public Works Department .. 12,975 4 4 34,601 0 1 Acquisition and Operation of Quarries for Public Works Department .. 37,213 18 4 'ill 7 7 „ Lighthouses .. .. ■■ •• •• •• ™ 13 3 1,193 16 0 „ Harbour Works .. .. •• •• •• •• •• 1>°84 18 0 X65 0 4 ,, Development of Tourist Resorts .. .. •• •• /,47b iu d 110,460 5 11 „ Department of Immigration .. .. •• ■■ •• I 55,867 3 11 98,503 11 3 „ Roads, &c. .. •• •• •• 123,929 11 10 23 16 9 „ Roads, &c., on Goldfields .. . .. •• •• •• 4,240 4 2 „ Roads to give Access to Outlying Districts .. .. .. 162 2 b 59,006 15 3 „ Telegraph Extension .. ■■ •• •• •• •• 61 'Til 141 10 6 „ Contingent Defence .. .. •• •• ■■ 1 too t 11 4,010 2 1 „ Lands, Miscellaneous .. .. •• •• •• J'™ ? 5,262 1 2 ,, Irrigation, Water-supply, and Drainage .. ■■ •• 5,906 1.1 3 74,514 2 10 ,, Plant, Material, and Stores .. .. •• ■■ 74,970 1 0^ 814,858 4 4 " . " 9 ' 605 12 3 Credits in reduction, — Unauthorized Expenditure — 428 2 6 Services not provided for .. .. •• ,!54 779 960 8 3 815,286 6 10 1,654,673 6 5 Carried forward .. .. •• •• • • I. 2,108,763 15 10

17

B.—l [PT. I

PUBLIC ACCOUNTS, 1928-1929

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

ACCOUNT —continued. 1927-1928. 1928-1929. Gross. EXPENDITURE. Gross _ hi I £ s. d. £ s. d. £ s. d. 941,074 18 3 Brought forward .. .. .. .. .. : .. 1,271,620 17 9 Balance at end of Year, — 6,178 9 1 Gash in the Public Account .. .. .. .. .. .. 39,353 15 1 Imprests outstanding — 16,898 12 0 In London .. .. .. .. .. .. .. .. 15,807 2 6 Investment Account— Securities held — £ s. d. 81,430 0 0 Deposits Account (General) .. .. .. .. 52,450 0 0 Education Reserves Act, 1928 — Sales of Land under Section 3 (Primary-education Endowments) .. .. .. .. .. 11,000 0 0 Sales of Land under Section 3 (Secondary-education I Endowments, Auckland District) .. .. .. 300 0 0 41,790 0 0 German Currency .. 1,900 0 0 New Zealand University Endowment, Westland .. 1,900 0 0 North Island Experimental Dairy School .. .. 7,500 0 0 121,000 0 0 Receiver-General's Deposit Account .. .. .. 151,000 0 0 6,798 8 0 Samoan Loan Sinking Fund Account .. .. .. 9,448 8 0 Samoan Notes Security Account .. .. .. 41,790 0 0 State Advances Investments .. .. .. .. 300,000 0 0 575,388 8 0 275,995 9 1 — 630,549 5 7* £1,217,070 7 4 Totals .. .. .. .. .. .. .. £1,902,170 3 4 * For explanatory statement see page 73.' for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928. ACCOUNT. £ s. d. Annual Appropriations,— £ s. d. £ s. d. 237,502 7 1 Vote —Public Works, Departmental .. .. .. .. .. 265,042 10 1 1,016,696 6 10 „ Railway-construction .. .. .. .. 1,081,521 13 4 401,948 15 0 ,, Additions to Open Lines .. .. .. .. .. 410,287 2 7 42,828 7 3 „ General .. .. .. .. .. .. 4,435 6 9 7,532 10 2 „ Courthouses .. .. .. .. .. .. 8,387 2 1 23,621 12 9 „ Prison Buildings and Works .. .. .. .. .. 12,818 12 3 5,589 6 4 ,, Police-stations .. .. .. .. .. .. 6,925 4 0 77,319 7 5 ,, Postal and Telegraph .. .. .. .. .. 62,126 15 7 2,862 12 7 ,, Agricultural .. .. .. .. .. .. 2,843 18 9 51,305 12 7 „ Mental Hospital Buildings .. .. .. 96,930 18 0 27,533 12 3 ,, Health and Hospital Institutions .. .. .. .. .. i 21,255 8 1 16,937 0 10 ,, Timber-supply and Sawmills, &c., for Public Works Department .. 7,859 19 6 25,276 2 8 „ Acquisition and Operation of Quarries for Public Works Department .. 31,184 0 8 8,090 9 8 ,, Lighthouses .. .. .. .. .. .. .. 2,709 3 7 17,085 1 3 ,, Harbour-works .. .. .. .. .. 16,009 19 11 36,838 7 1 ,, Development of Tourist Resorts .. .. .. .. .. 41,730 7 2 177,617 9 4 „ Department of Immigration .. .. .. .. .. 106,133 10 1 768,335 18 4 „ Roads, &c. .. .. .. .. .. .. .. 904,919 11 4 2,354 5 8 „ Roads, &c., on Goldfields .. .. .. .. .. 1,005 3 4 37,882 8 9 „ Roads to give access to Outlying Districts .. .. .. .. 51,744 5 1 684,546 10 5 „ Telegraph Extension .. .. .. .. .. 686,131 3 11 40,127 18 7 ,, Contingent Defence .. .. .. .. 68,129 4 2 76,908 3 6 ,, Lands, Miscellaneous .. .. .. 87,499 9 6 54,997 3 3 ,, Irrigation, Water-supply, and Drainage .. .. .. 61,102 9 4 73,226 0 5 „ Plant, Material, and Stores .. .. .. .. .. 79,564 2 4 200,000 0 0 „ Transfer to Main Highways Account—Construction Fund .. .. 200,000 0 0 4,114,963 10 0 4,318,297 1 5 Unauthorized Expenditure,— 691 17 6 Services not provided for.. .. .. .. .. .. .. 431 9 4 ! ! 4,318,728 10 9 4,115,655 7 6 j ' I 4,115,655 7 6 \ Carried forward .. .. .. .. .. .. 4,318,728 10 9 ] I • I , 1 ! ,

B.—l IPT. I

18

PUBLIC ACCOUNTS. 1 928-1 929

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. 1928-1929. I _ I £ s. d. £ s. d. I £ s. d. 1,654,673 6 5 Brought forward .. .. .. .. .. .. 2,108,763 15 10 40,026 1 1 Recoveries on account of Expenditure of previous Years .. .. .. .. 102,617 19 6 Lake Ellesmere and Forsyth Reclamation and Akaroa Railway Trust Account, — 1,615 3 8 Receipts under Land Act, 1924, Section 383 (2) .. .. .. .. .. 1,72!) 16 2 | I New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1946 — Finance Act, 1926, Section 2 (Public Works) — Stock issued in respect of £3,500,000 authorized (part of £6,000,000 3.500.000 0 0 5-per-cent. Stock Loan, 1927) .. .. .. .. .. 28 7 9 Interest on overdue instalments Stock issued in respect of Amount required to cover Charges and Expenses of raising £3,500,000 authorized (part of £6,000,000 5-per-cent. Stock 97,270 9 10 Loan, 1927) .. .. .. .. .. .. . . 1,702 4 8 Premium.. .. .. .. .. .. .. .. Now Zealand Consolidated Stock, 1947 — Finance Act, 1926, Section 2 (Public Works) — Stock issued in respect of £1,500,000 authorized (part of £5,000,000 4J-per cent. Loan, 1928) .. .. .. .. .. .. 1,500,000 0 0 Interest on Overdue Instalments .. . . .. .. . . 10 13 6 Stock issued in respect of amount required to cover Charges and Expenses of raising £1,500,000 authorized (part of £5,000,000 4f-per-eent. Stock Loan,1928) .. .. .. .. .. .. .. 122,864 0 9 Finance Act, 1927 (No. 2), Section 2 (Public Works) — Stock issued in respect of £1,500,000 authorized (part of £5,000,000 4|-per-cent. Loan, 1928) .. .. .. .. .. 1,500,000 0 0 Interest on Overdue Instalments .. .. .. .. .. 10 13 6 Stock issued in respect of Amount required to cover Charges and Expenses of raisins £1,500,000 authorized (part of £5,000,000 4J - per - cent. Stock Loan, 1928) .. .. .. .. .. .. .. ! 122,864 0 9 New Zealand Consolidated Stock, 1948-58 — Finance Act, 1927 (No. 2), Section 2 (Public Works) — Stock issued in respect of £2,500,000 authorized (part of £7.000,000 4J-per-cent. Loan,1929) .. .. .. .. .. .. .. 1,770,964 5 9 Finance Act, 1928, Section 2 (Public Works) — Stock issued in respect of £2,000,000 authorized (part of £7,000,000 4|-per-cent. Loan,1929) .. .. .. .. .. .. .. 1,416,771 8 7 6,433,485 2 10 3.599.001 2 3 Transfer from Consolidated Fund (Ordinary Revenue Account), in terms of Section 250,000 0 0 12 of the Appropriation Act, 1927.. £5,545,315 13 5 Totals .. .. .. .. .. .. .. (£8,646,596 14 4

19

B.—l [FT. I],

PUBLIC ACCOUNTS, 192 8 19 2 9

ACCOUNT —continued.

1 -B. 1 [PT. 11.

1927-1928. 1928-1929. Gross. EXPENDITURE. Qross _ }. I . £ «- d. J £ s. d. £ s. d. 4,115,655 7 6 j Brought forward .. .. .. .. .. 4,318,728 10 9 ! Lake Ellesmere and Forsyth Reclamation and Akaroa Railway Trust Account, —- Expenditure under Land Act, 1924, Section 383 (2) — 120 9 11 Administration Expenses .. .. .. .. .. .. 85 14 4 Expenditure under Ellesmere Lands Drainage Act, 1905, Section 6 (1) — 439 5 0 i Subsidy to Ellesmere Lands Drainage Board .. .. .. .. 439 5 0 524 19 4 559 14 11 100,297 3 5 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1907 (Renewals) .. .. 5 12 6 Finance Act, 1926, Section 2 (Public Works) .. .. .. ..I 122,874 14 3 Finance Act, 1927 (No. 2), Section 2 (Public Works) .. .. .. 1 122,874 14 3 New Zealand Consolidated Stock,,1947 (Conversions), Public Works Fund (General Purposes Account) .. .. .. .. .. .. 1 40,835 13 0 New Zealand Consolidated Stock 1948-58 (Conversions), Public Works Fund (General Purposes Account) .. .. .. .. .. .. 151,668 19 4 j 438,259 13 4 ' I | Balance at end of Year, — 668,314 3 2 Cash in the Public Account .. .. .. .. .. .. 2,431,511 14 7 Imprests outstanding—11,462 6 9 In the Dominion .. .. .. .. . ■ 10,419 18 10 26,026 17 8 In London .. .. .. .. .. .. .. .. 35,827 5 6 Investment Account— £ s. d. 623,000 0 0 Securities held .. .. .. . . . 1,351,324 12 0 Transfers under Section 40, Public Revenues Act, 1926 .. 60,000 0 0 " 1,411,324 12 0 1,328,803' 7 7 3,889,083 10 11* I £5,545,315 13 5 Totals .. .. .. .. .. j £8,646,596 14 , ♦ For explanatory statement see page 73.

B.—l !TT. I

20

PUBLIC ACCOUNTS, 1 928-1 929

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1929, compared with the year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. 1928-1929. £ s. d. Balance at beginning of Year, — j £ s. d. £ s. d. 1,666 7 10 Cash in the Public Account .. .. .. .. .. .. .. 12,078 3 9 | Credits in reduction of Expenditure under Section 17 of the Waihou and Ohinemuri 7,277 10 9 Rivers Improvement Act, 1910 .. .. .. .. .. .. .. 6,635 15 9 Receipts under Section 17 (4) (c) Waihou and Ohinemuri Rivers Improvement Act, 1910,— 338 1 2 Rents, Royalties, &c. .. .. .. .. .. .. .. .. 316 5 7 Contributions under the Waihou and Ohinemuri Rivers Improvement Act, 1910, Sections 17 and 18, and Amendment Act, 1912, — 10 10 10 Gold-mining Companies .. .. .. .. .. .. ..I 2,531 1 9 1,291 4 0 Consolidated Fund .. .. .. .. .. .. .. 1,239 17 9 2,324 19 0 Gold Duty .. .. .. .. .. .. .. .. j 2,045 17 1 5,816 16 7 3,626 13 10 192 13 9 Interest on Investments .. .. .. .. .. .. .. .. 453 13 3 New Zealand Loans Act, 1908, — Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1924, Section 6 —• 75,000 0 0 Debentures issued Waihou and Ohinemuri Rivers Improvement Act, 1910. and Finance Act, 1926, Section 7 — 10,000 0 0 Debentures issued .. .. .. .. .. .. .. 60,000 0 0 — 60\000 0 0 8-5,000 0 0 Public Revenues Act, 1926, Section 40,— 93,000 0 0 Temporary transfers from other Accounts .. .. .. .. .. 5,000 0 0 Adjustment of Amount of Interest on Temporary Transfers from other Accounts charged during the Year 1927-28 .. .. .. .. .. 1,801 § 2 6,801 f> 2 £191,101 7 4 j Totals .. .. .. .. .. .. £92,102 0 1

21

B.—l |PT. I

PUBLIC ACCOUNTS, 1928-1 929.

THE WAIHOU AND OHINEMURI RIVERS IMPROVEMENT ACCOUNT.

1927-1928. 1928-1929. laai it>*o. EXPENDITURE Gross. Gross. I £ s. d. Expenditure under Section 17 of the Waihou and Ohinemuri Rivers Improvement £ s. d. £ s. d. 66,921 18 5 Act, 1910 .. .. .. .. .. .. . .. .. 58,945 8 9 - , Public Revenues Act, 1926, Section 139, — 2,300 0 0 Interest recouped to the Consolidated Fund .. •• • 6,250 0 0 ' i Public Revenues Act, 1926, Section 40, — 1,801 5 2 Interest paid on Temporary Transfers from other Accounts .. 108,000 0 0 Temporary Transfers from other Accounts repaid .. .. •• 15,000 0 0 15,000 0 0 109,801 5 2 Balance at end of Year, — 12,078 3 9 Cash in the Public Account .. . .. .. .. ,• \ 11,906 11 4* I I if191,101 7 4 Totals .. .. .. ... * For explanatory statement see page 73.

B.—l [PT. IJ.

22

PUBLIC AC CO I! NTS, 1 928-1 929.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. j 1928-1929. C 8. d. Balance at beginning of Year, — £ s. d. £ s. d. 44,866 5 8 Cash in the Public Account .. .. .. .. .. .. 30,803 17 2 Imprests outstanding— - 1 > 2 0 0 In the Dominion .. .. .. .. .. .. .. 185 0 11 79,322 4 9 In London .. .. .. .. .. .. .. .. 41,711 13 10 Investment Account— 150,000 0 0 Securities held 72,700 11 11 274,190 10 5 Appropriation Act, 1928, Section 14, — Transfer from Ordinary Revenue Account on Account of Expenditure incurred in the Purchase of Lands which were subsequently vested in the Corporation of the City of Wellington by the Wellington City and Suburban Water-supply Act, 1927 .. .. .. .. .. .. .. .. 1,745 0 0 Credits-in-aid, — 28,932 18 11 Vote —Development of Water-power .. .. .. .. .. 42,983 2 5 Vote—-Working-expenses and Maintenance .. .. .. .. .. 3,420 18 4 _— 46,404 0 9 63 9 2 Recoveries on account of Expenditure of previous Years .. .. .. .. 20,653 3 0 State Supply of Electrical Energy Act, 1917, Section 8, — 367,947 5 11 Sales of Electric Energy .. .. .. .. .. .. .. 413,987 18 8 10,020 6 7 Miscellaneous Receipts .. .. .. .. .. .. .. 6,643 18 1 420,631 16 9 377,967 12 6 Reserves and other Lands Disposal and Public Bodies Empowering Act, 1921-22, Section 91 (2), —- Amount transferred from State Forests Account 13 3 2 18,568 6 10 Interest on Investments .. .. .. .. .. .. .. .. 11,416 5 3 New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1946— Electric-power Works Loan Act, 1919— Stock issued in respect of £900,000 authorized (part of £6,000,000 900,000 0 0 5-per-cent. Stock Loan, 1927) 437 14 4 Premium Stock issued in respect of Amount required to cover Charges and Expenses of raising £900,000 authorized (part of £6,000,000 5 - per - cent. Stock 25,012 8 4 Loan, 1927) 7 6 0 Interest on Overdue Instalments New Zoaland Consolidated Stock, 1947— Electric-power Works Loan Act, 1919— Stock issued in respect of £1,000,000 authorized (part of £5,000,000 4J-per-cent. Stock Loan, 1928) .. .. .. .. .. 1,000,000 0 0 Interest on overdue instalments .. .. .. .. .. 723 Stock issued in respect of Amount required to cover Charges and Expenses of raising £1,000,000 authorized (part of £5,000,000 4J-per-cent. Stock Loan, 1928) .. .. .. .. .. .. .. 81,909 7 2 . New Zealand Consolidated Stock, 1948-58—-Finance Act, 1920, Section 15 (Electric-power Works) — Stock issued in respect of £1,000,000 authorized (part of £7,000,000 4J-per-cent. Stock Loan, 1929) .. .. .. .. .. 708,385 14 3 New Zealand Inscribed Stock Act, 1917— Finance Act, 1920, Section 15 (Electric-power Works) — Inscribed Stock issued .. .. .. .. .. .. 116,280 0 0 Electric-power Works Loan Act, 1919 — 160,000 0 0 Inscribed Stock issued Finance Act, 1920, Section 15 (Electric-power Works) —• Debentures issued .. .. .. .. .. .. .. 58,720 0 0 1,965,302 3 8 1,085,457 8 8 Public Revenues Act, 1926, Section 40,— 100,000 0 0 Temporary transfers from other Accounts .. .. .. .. .. .. 200,000 0 0 £1,885,193 9 8 Totals .. .. .. .. .. .. .. £2-,738,853 T*"4

8.-i" Pt. T>:

PUBLIC ACCOUNTS, 1 9 28-1 92!)

ELECTRIC SUPPLY ACCOUNT.

23

1927 1928. EXPENDITURE. 1928-1929. Gross. ' ■ c iiJ j Gross. I d. ! Annual Appropriation,— £ s. d. ] £ s. d. 1,418,273 10 10 | Vote —Development of Water-power .. .. .. .. ..I 1,008,542 15 8 ! Vote—Working-expenses and Maintenance .. .. .. .. .. 220,964 8 5 — j 1,229,507 4 1 .... ' I Public Revenues Act, 1926, Section 139, — 330,774 16 10 Interest recouped to the Consolidated Fund .. .. ... >. .. 391,478 16 11 New Zealand Loans Act, 1908, Section 26, — 2,316 18 9 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 767 6 5 H ' I I : , j. j Finance Act, 1926, Section 23 (4), — . Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, ; 1930-15 - 171 16 0 Electric-power Works Loan Act, 1919 .. .. .. .. .. .. 95 3 9 Amortization of Debt, — Transfer to Electric Supply Sinking Fund Account in terms of Section 12 of the State Supply of Electrical Energy Act, 1917, — 8,448 0 0 Horahora Scheme .. .. .. .. .. .. .. 9,732 0 0 26,250 5 3 Lake Coleridge Scheme .. .. .. ... ,.. 25,580 7 10 1 35,312 7 10 34,698 5 3 v ? Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — Aid to Water-power Works Act, 1910 (redemptions) .. . .. 787 11 0 26,257 9 4 Electric-power Works Loan Act, 1919 .. .. .. 81,916 9 5 | Finance Act, 1920, Section 15 (Electric-power Works) .. 92 4 0 1 82,796 4 5 26,257 9 4 Public Revenues Act, 1926, Section 40, — Interest on Temporary Transfers from other Accounts . . .. .. 1,808 4 4 Temporary Transfers from other Accounts repaid .. .. .. 300 ,000 0 0 i — i 301,808 4 4 | Balance at end of Year, — 30,803 17 2 Cash in the Public Account .. .. .. .. .. 492,186 12 0 Imprests outstanding— . .. . 185 0 11 In the Dominion .. .. .. .. .. .. .. 52 12 10 41,71113 10 In London .. ..' .. .. .. .. 4,848 -S 9 Investment Account — Securities held .. .. .. .. .. .. .. 200,000 0 0 697,087 13 7* 72,700 11 11 £1,885,193 9 8 Totals .. .. .. .. .. .. .. £2,738,853 1 4 * For explanatory statement see page 73.

B.—l [Pt. Ij

24

PUBLIC ACCOUNTS, 1 928-1 929

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

ELECTRIC SUPPLY 1927-1928. RECEIPTS 1928-1929. _ . t s. d. Balance at beginning of Year,- — £ s. d. £ s. d. 22 13 0 Cash in the Public Account .. .... .. ,. .. .. 215 15 0 Investment Account— 38,640 0 0 Securities held .. .. .. .. .. .. .. 75,50000 1 75,715 15 0 38,662 13 0 j State Supply of jElectrical Energy Act, 1917, Section 12, — Transfer from Electric Supply Account — 8,448 0 0 Horahora Scheme .. ... .. .. .. .. .. 9,732 0 0 26,250 5 3 Lake Coleridge Scheme .. .. .. .. .. .. 25,580 7 10 ! 35,312 7 10 34,698 5 3 , 2,354 16 9 Interest on Investments .. .. .. .. .. .. .. .. , 4,825 17 2 £75,715 15 0 Totals .. .. .. .. .. .. .. £115,854 0 0 STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the ADVANCES TO OTHER £ s. d. Balance at beginning of Year, —- £ s. d. £ s. d. 30,370 3 0 Cash in the Public Account .. .. .. .. .. .. 32,984 19 11 Imprests outstanding— 19,266 11 6 In the Dominion .. .. .. .. .. .. .. 13,581 9 4 46,566 9 3 49,636 14 6 Public Revenues Act, 1926, Section 137, — Recoveries from other Governments — 212 10 0 Barbados .. .. .. .. .. .. .. .. { 86 8 7 British Guiana .. .. .. .. .. .. .. 69 2 10 198 3 2 Canadian Government .. .. .. .. .. .. .. 626 1 11 971 0 9 Ceylon .. .. .. .. .. .. .. .. 823 12 5 3,866 13 8 Cook Islands .. .. .. .. .. .. .. .. 5,106 13 2 25,755 12 5 Commonwealth Government .. .. .. .. .. .. 32,275 1 8 225 0 0 Falkland Islands 3,390 13 0 Federated Malay States .. .. .. .. .. .. 3,712 1'9 3 299 16 1 Fiji .. .. .. .. .. .. .. .. .. 260 5 2 38 15 0 Gilbert and Ellice Islands .. .. .. .. .. .. 17 10 0 781 18 11 Gold Coast .. .. .. .. .. .. .. .. 552 14 9 241 11 3 Hong Kong 93 18 3 53,678 18 1 Imperial Government .. .. .. .. .. .. .. 57,525 3 4 227,737 13 6 Imperial Pensions .. .. .. .. .. .. .. 185,266 4 11 Indian Government .. .. .. .. .. .. .. 11 10 4 8 17 8 Johore . . .. .. .. .. .. .. .. 53 6 0 119 6 10 Kenya 100 13 0 Mauritius 9 16 Newfoundland .. .. .. .. .. .. .. 7 9 0 2 0 0 New South Wales .. .. .. .. .. .. .. 63 15 0 3,040 4 6 Nigeria .. .. .. .. .. .. .. .. 1,019 12 0 196 11 1 Niue Island .. .. .. .. .. .. .. .. 655 18 10 524 19 8 Northern Rhodesia .. .. .. .. .. .. .. 39 0 5 689 0 0 Nyassaland Protectorate .. .. .. .. .. .. 163 6 8 169 0 8 Palestine .. .. .. .. .. .. .. .. 133 15 0 8 6 0 Queensland 15 16 9 Southern Rhodesia 76 6 0 Straits Settlements .. .. .. .. .. .. .. 37 6 0 Tanganyika .. .. .. .. .. .. .. .. 195 11 8 52 18 11 Trinidad .. .. .. .. .. .. .. .. 27 6 0 15 6 2 Uganda 396 3 0 Union Government of South Africa .. .. .. .. .. 446 8 8 241 15 7 Victoria 219 13 0 Zanzibar _____ _ _ 289,183 13 3 323,370 14 9 £373,007 9 3 Totals .« .. .. ... .. £335,750 2 6

25

B.—l [PT. I}.

PUBLIC ACCOUNTS, 1928-1 9 29.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928.

SINKING FUND ACCOUNT. 1927-1928. 1928-1929. Gross. EXPENDITURE. Gross. £ s. d. Balance at end of Year, — £ s. d. £ s. d. 215 15 0 Cash in the Public Account . . .. 564 0 0 Investment Account— 75,500 0 0 Securities held .. .. .. .. 115,290 0 0 115,854 0 0* 75,715 15 0 175,715 15 0 Totals .. .. .. .. £115,854 0 0 • For explanatory statement see page 73. Year ended 31st March, 1929, compared with the Year ended 31st March, 1928. GOVERNMENTS ACCOUNT. £ s. d. Public Revenues Act, 1926, Section 137, — £ s. d. £ s. d. Tranfer to Consolidated Fund in terms of subsection 4 .. .. .. .. 29,245 13 4 Public Revenues Act, 1926, Section 137, — Payments on behalf of other Governments — 212 10 0 Barbados 86 S 7 British Guiana .. .. .. .. .. .. .. 69 2 10 | 463 6 11 Canadian Government .. .. .. .. .. .. 655 18 10 I 971 0 9 Ceylon .. .. .. .. .. .. .. .. I 823 12 5 I 3,692 17 0 Cook Islands .. .. .. .. .. .. ... 4,895 11 1 25,310 19 9 Commonwealth Government .. .. .. .. .. .. 32,652 12 3 225 0 0 Falkland Islands .. .. .. .. .. .. 3,529 16 9 Federated Malay States .. .. .. .. .. .. 4,035 16 0 299 16 1 Fiji .. .. .. .. .. .. .. .. .. 260 5 2 38 15 0 Gilbert and Ellice Islands .. .. .. .. .. ... 17 10 0 781 18 11 Gold Coast .. .. .. .. .. .. .. .. 552 14 9 241 11 3 Hong Kong .. .. .. .. .. .. .. .. ] 93 18 3 56,997 19 11 Imperial Government .. .. .. .. .. .. .. 58,694 16 5 227,728 8 2 Imperial Pensions .. .. .. .. .. .. .. . 185,272 9 11 Indian Government .. .. .. .. .. .. .. 11 10 4 8 17 8 Johore .. .. .. .. .. .. .. .. I 53 6 0 113 0 7 Kenya .. .. .. .. .. .. .. 100 13 0 Mauritius .. .. .. .. .. .. .. .. .. ! 11 0 6 Newfoundland .. .. .. .. .. .. .. I 490 65 15 0 New South Wales 3,040 4 6 Nigeria .. .. .. .. .. .. .. .. 1,019 12 0: 624 9 8 Niue Island .. .. .. .. .. .. .. .. 1,081 19 5 524 19 8 Northern Rhodesia .. .. .. .. .. .. .. 39 0 5 689 0 0 Nyassaland Protectorate .. .. .. .. .. .. 163 6 8 174 13 8 Palestine .. .. .. .. .. .. .. ..I. 128 2 0 15 16 9 Southern Rhodesia .. .. .. .. .. .. 76 6 0 Straits Settlements .. .. .. .. . . .. .. 36 6 0 Tanganyika .. .. .. .. .. .. .. .. 195 11 8 52 18 11 Trinidad .. .. .. .. .. .. .. .. 27 6 0 15 6 2 Uganda .. .. .. .. .. .. .. 2.97 8 10 Union Government of South Africa .. .. .. .. .. j 445 17 0 50 0 0 Zanzibar .. .. .. .. .. .. .. .. I 291,230 14 5 326,441 0 0 Balance at end of Year, —• 32,984 19 11 Cash in the Public Account .. .. .. . . Imprests outstanding — 13,581 9 4 In the Dominion .. .. .. .. .. . . .. 15,273 14 9 — ' | 15,273 14 9 46,566 9 3 ! | I £373,007 9 ■3 Totals .. .. .. .. .. .. £335,750 2 6

B.—l [PT. I

26

PUBLIC ACCOUNTS, 19 2 8 192 9 .

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

; t H ■' BANK OK NEW ZEALAND 1927-1928. RECEIPTS. , , i . 1928-1929. £ s. d. Balance at beginning of Year, — £ a. d. £ s. d. Investment Account— 1,683,593 15 0 Securities held .. .. .. .. .. .. ... . .. 1,800,781 5 0 ' ... I F.'- 7 "■'' Finance Act, 1926, Section 8 (3), — 234,765 12 4 Dividends received in terms of Bank of New Zealand Act, 1920, Section 13 .. .. 241,796 17 5 Finance Act, 1926, Section 8 (1), — Appropriation Act, 1926, Section 17 — Transfer from Consolidated Fund of Amount required to pay Instalments 117,187 10 0 of 5s. each per Share on 234,375 C Long-term Mortgage Shares .. .. .. 58,593 15 0 £2,035,546 17 4 Totals .. ., ., .. [». .. .. £2,101,171 17 5 i ——= ; 1==^--CHEVIOT ESTATE £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 12,878 7 6 Cash in the Public Account .. .. .. 709 12 6 Investment Account— 159,780 0 0 Securities held .. .. 190,680 0 0 191,389 12 6 172,658 7 6 Receipts under the Land Act, 1924, — 17,488 12 3 Rents from Lands .. . .. .. .. 17,570 19 (i 120 0 0 Sales of Land .. .. .. . . . . - : 4». 90 10 0 — 17,661 9 6 17,608 12 3 I' "1 7,677 12 4 ! Interest on Investments .. .. .. .. .. . .. 8,071 8 1 Public Revenues Act, 1926, Section 40, — 53 9 8 Interest received on Temporary Transfers to other Accounts .. . .. 100 5 5 ; I ' j ! ' . . l.£l. . j • i £197,998 1 9 Totals .. .. .. .. j £217,222 15 6

B.—l [PT. I].

27

PUBLIC ACCOUNTS, 1928-1929.

for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

s—B.5 —B. 1 [PT. I].

SHARES ACCOUNT. 1927-1928. 1928-1929. Gross. j EXPENDITURE. Grflss> I I . £ s. d. Finance Act, 1926, Section 8 (3), — £ s. d. £ s. d. Transfer to Ordinary Revenue Account of Dividends received in terms of the I 234,765 12 4 Bank of New Zealand Act, 1920, Section 13 .. .. .. .. .. 241,796 17 5 ' r I Balance at end of Year, — Investment Account— ! 1,800,781 5 0 Securities held .. .. .. .. .. .. .. .. 1,859,375 0 0* £2,035,546 17 4 Totals .. .. .. .. .. .. .. £2,101,17117 5 * For explanatory statement see page 73. ACCOUNT. £ s. d. Expenditure under the Land Act, 1924, Section 21, — £ s. d. £ s. d. 881 7 9 Administration Expenses recouped to the Consolidated Fund .. .. .. .. 880 13 5 . Public Revenues Act, 1926, Section 139, — 5,632 2 6 Interest recouped to the Consolidated Fund .. .. .. .. .. 5,632 2 6 | New Zealand Loans Act, 1908, Section 26, — 94 19 0 i Recoupment of Management Charges of Consolidated Stock .. .. .. .. 23 14 3 — I Balance at end of Year, — 709 12 6 Cash in the Public Account .. .. .. .. .. .. 9,006 5 4 Investment Account— £ s. d. 190,680 0 0 , Securities held .. .. .. .. .. 1.96,680 0 0 ! Transfers under Section 40, Public Revenues Act, 1926 .. 5,000 0 0 | 201,680 0 0 191,389 12 6 —— — 210,686 5 4* ■ £197,998 1 9 Totals .. .. .. .. .. .. .. £217,222 15 6 * For explanatory statement see page 73.

B. —1 [PT. I].

28

PUBLIC ACCOUNTS, 1 928-1 929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

DETERIORATED 1927-1928. RECEIPTS. 1928-1929. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 4.720 17 4 Cash in the Public Account .. .. .. .. .. .. 15,413 9 10 Imprests outstanding,— 0 16 8 In the Dominion .. .. .. .. .. .. .. 15,413 9 10 4.721 14 0 Recoupment of Expenditure under Section 12 (4) (d) of the Deteriorated Lands Act, 1925,— 4.682 16 3 Administration expenses .. .. .. .. .. .. .. .. 2,487 14 1 Deteriorated Lands Act, 1925, Section 12 (5),— 36 13 11 Repayment of Advances .. .. .. .. .. .. .. 83 12 10 16 19 2 Interest on Advances .. .. .. .. .. .. .. 268 19 11 352 12 9 53 13 1 141 13 6 Interest on Investments .. .. .. .. .. .. .. .. 378 9 1 Public Revenues Act, 1926, Section 40, — 8,000 0 0 Temporary Transfers from other Accounts Adjustment of Amount of Interest on Temporary Transfers from other Accounts charged during the Year 1927-28 .. .. .. .. .. 78 18 2 78 18 2 New Zealand Loans Act, 1908,— Deteriorated Lands Act, 1925— 10,000 0 0 Debentures issued .. .. .. .. .. .. £27,599 16 10 Totals .. .. .. .. .. .. .. £18,711 3 11 DISCHARGED SOLDIERS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 224,482 2 10 Cash in the Public Account .. .. .. .. .. .. 284,139 10 2 Imprests outstanding— 7,404 4 8 In the Dominion .. .. .. .. .. .. .. 4,993211 Investment Account — 467,383 13 3 Securities held .. .. .. .. .. .. .. 346,244 8 3 — 635,377 1 4 699,270 0 9 Credits in reduction of Expenditure under Section 9 of the Discharged Soldiers 8.683 14 7 Settlement Act, 1915 .. .. .. .. .. .. .. .. 35,114 1 4 107,953 15 4 Carried forward .. .. .. .. .. .. 670,491 2 8

29

B—l [Pt. I j

PUBLIC ACCOUNTS, 1928-1929

for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

LANDS ACCOUNT. 1927-1923. 1928-1929. Gross. EXPENDITURE , £ s. d. Expenditure under Section 11 of the Deteriorated Lands Act, 1925, — £ s. d. £ s. d. Advances for Purchase of Fencing-materials, Lime, or Manure, and for Capital 4,107 8 10 Expenditure .. .. .. .. .. .. .. .. .. 4,786 6 11 Public Revenues Act, 1926, Section 139, — Interest recouped to the Consolidated Fund .. .. .. .. .. 600 0 0 Public Revenues Act, 1926, Section 40, —• 78 18 2 Interest paid on Temporary Transfers from other Accounts 8,000 0 0 Temporary Transfers from other Accounts repaid 8,078 18 2 Balance at end of Year, — 15,413 9 10 Cash in the Public Account .. .. .. .. .. .. .. 13,324 17 0 £27,599 16 10 Totals .. .. .. .. .. .. .. £18,711 3 11 SETTLEMENT ACCOUNT. £ 8. d. Annual Appropriation, — £ s. d. £ s. d. 40,021 3 9 Vote—-Expenses of Management .. .. .. .. .. .. .. 39,900 0 0 11,617 12 8 Expenditure under Section 9 of the Discharged Soldiers Settlement Act, 1915 .. .. 9,622 18 7 629,033 7 4 Advances under Sections 6 and 9 of the Discharged Soldiers Settlement Act, 1915 .. .. 712,552 9 6 Discharged Soldiers Settlement Loans Act, 1920, Section 8, Subsection (3), — 320,000 0 0 Interest on Transfers from the Consolidated Fund .. .. .. .. .. 415,860 4 4 Public Revenues Act, 1926, Section 139, — 327,685 18 0 Interest recouped to the Consolidated Fund .. .. .. .. .. 295,189 15 5 Finance Act, 1926, Section 23 (4), — Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935-45 — 85 18 5 Discharged Soldiers Settlement Loans Act, 1920 .. .. .. .. .. 47 11 11 New Zealand Loans Act, 1908, Section 26, — 157 19 3 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 39 9 9 21,403 5 9 Suspense Account (amounts allocated) .. .. .. .. .. .. 21,200 5 9 1,350,005 5 2 Carried forward .. .. .. .. .. .. 1,494,412 15 3

B.—l [PT. I

30

PUBLIC ACCOUNTS, 1 9 28-1 9 29.

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the Year ended 31st March, 1929, compared with the year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. 1928-1929. £ s. d. £ s. d. ! £ s. d. j 707,953 15 4 Brought forward .. .. .. .. .. .. 670,491 2 8 Discharged Soldiers Settlement Act, 1915, Section 9. — Repayments in respect of Advances under Sections 6 and 9 of the Discharged j Soldiers Settlement Act, 1915, including Proceeds of Sale of Interests in Land ■ 989,830 6 6 under Section 11 of the Discharged Soldiers Settlement Amendment Act, 1921-22 | 1,135,614 12 5 j Interest in respect of Advances under Sections 6 and 9 of the Discharged Soldiers Settlement Act, 1915, and in respect of Sales of Interests in Land under Section 11 698,352 6 0 of the Discharged Soldiers Settlement Amendment Act, 1921-22 .. .. 702,202 12 5 | | 1 | 1,837,817 4 10 ; 1,688,182 12 6 i ■ Discharged Soldiers Settlement Amendment Act, 1921-22, Sections 4, 11, and 13, — Receipts from Interests in Land acquired by the Crown under Mortgages securing 22,054 18 3 Advances to Discharged Soldiers .. .. .. .. .. .. 24,631 1 6 - Land Laws Amendment Act, 1927, Section 20, — Discharged Soldiers Settlement Amendment Act, 1923— Receipts from Interests in Land acquired by the Crown by forfeiture or operation of law— £ s. d. 523 7 2 Section 20 (3)—Principal .. .. .. .. 357 3 10 2,244 14 10 Section 20 (3) —Interest .. .. .. .. 913 13 ] 1,270 16 11 44,304 15 4 Section 20 (4) .. .. .. .. .. .. .. 11,747 0 5 165 0 0 Section 20 (5) .. .. .. .. .. .. .. 70 0 0 I— 13,087 17 4 | 47,237 17 4 27,108 12 3 Interest on Investments .. .. .. .. .. .. .. .. 28,707 18 4 Public Revenues Act, 1926, Section 40, —- 5,635 8 2 Interest received on Temporary Transfers to other Accounts .. 20,739 2 8 Suspense Account (receipts awaiting allocation) .. .. .. .. .. 20,447 7 11 £2,519,002 6 6 Totals .. .. .. .. .. .. .. £2,595,182 12 7

31

B.—l [PT. I].

PUBLIC ACCOUNTS, 1928-1929.

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued.

1927-1928. _ wr , . 1928-1929. „ EXPENDITURE. Gross. Gross. £ s. d. £ s. d. £ s. d. 1,350,005 5 2 Brought forward .. .. .. .. .. .. 1,494,412 15 3 Amortization of Debt, — 19,550 0 0 Securities redeemed at Maturity— New Zealand Loans Act, 1908 — Finance Act, 1927, Section 6 —- Discharged Soldiers Settlement Act, 1915, and Amendment Act, 1916, Section 7— Due 1st March, 1929 .. .. .. .. .. .. 100,000 0 0 Discharged Soldiers Settlement Act, 1915, and Finance Act, 1917, Section 82— Due 1st March, 1929 .. .. .. .. .. .. 230,000 0 0 j Discharged Soldiers Settlement Loans Act, 1920 — Due 27th June, 1928 .. .. .. .. .. .. I 5,500 0 0 Due 6th September, 1928 .. .. .. .. .. 1,300 0 0 Due 26th September, 1928 .. .. .. .. .. 1,700 0 0 Due 18th October, 1928 .. .. .. .. .. .. 1,600 0 0 Due 28th November, 1928 .. .. .. .. .. 1,500 0 0 Due 19th December, 1928 .. .. .. .. .. 1,100 0 0 Due 15th January, 1929 .. .. .. .. .. .. 8,300 0 0 Due 25th January, 1929 .. .. .. .. .. .. 1,500 0 0 Due 19th February, 1929 .. .. .. .. ..I 1,100 0 0 | I 353,600 0 0 Securities redeemed and cancelled before maturity in terms of Section 24 of the 506,070 0 0 Finance Act, 1921-22— — Finance Act, 1927, Section 6— Discharged Soldiers Settlement Loans Act, 1920— Due 19th October, 1931 .. .. .. .. .. .. 18,500 0 0 Due 1st March, 1930 .. .. .. .. .. .. 50,000 0 0 Due 27th June, 1930 .. .. .. .. .. ..I 3,300 0 0 Discharged Soldiers Settlement Act, 1915, and Finance Act, 1917, Section 82 (due 1st March, 1929) .. .. .. .. .. .. 170,000 0 0 Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement), (due 1st March, 1930) .. .. .. .. .. .. 78,800 0 0 New Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920— 5J per cent. Inscribe'd Stock, 1933 .. .. •• .. 1,200 0 0 321,800 0 0 Death-duty Stock redeemed— Discharged Soldiers Settlement Loans Act, 1920, Section 5 (3), and Finance 8,000 0 0 Act, 1927, Section 6— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — Discharged Soldiers Settlement Loans Act, 1920 — Matured 3rd August, 1928 .. .. .. .. .. 250 0 0 Matured 29th August, 1928 .. .. .. .. .. 4,000 0 0 Matured 13th November, 1928 .. .. .. .. .. 500 0 0 Matured 24th November, 1928 .. .. .. .. .. 100 0 0 4,850 0 0 | Balance at end of Year,— 284,139 10 2 Cash in Public Account .. .. .. .. .. .. .. 115,799 17 10 Imprests outstanding— 4,993 2 11 In the Dominion .. .. .. .. .. .. .. 5,685 2 6 Investment Account— ij 346,244 8 3 Securities held .. .. .. .. .. .. .. 299,034 17 0 420,519 17 4*i 635,377 1 4 . £2,519,002 6 6 Totals .. .. .. .. .. .. .. £2,595,182 12 7; * For explanatory statement see page 73.

B.—l [PT. I

32

PUBLIC ACCOUNTS, 1928-1929

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

DISCHARGED SOLDIERS SETTLEMENT 1927-1928. RECEIPTS. 1928-1929, £ s. d. Balance at beginning of Year, — ! £ s. d. £ s. d. 59,316 8 7 Cash in the Public Account .. .. .. .. .. .. 20,241 9 10 Investment Account— 293,650 0 0 Securities held .. .. .. .. .. .. .. 396,875 0 0 417,116 9 10 355,966 8 7 15,534 7 4 Interest on Investments .. .. .. .. .. .. .. .. 18,639 11 9 Discharged Soldiers Settlement Loans Act, 1920, Section 7, — 50,000 0 0 Transfer from the Consolidated Fund .. .. .. .. .. .. 50,000 0 0 £421,500 15 11 Totals .. .. .. .. .. .. £485,756 1 7 EDUCATION LOANS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 33,658 4 7 Cash in the Public Account .. .. .. .. .. 17,646 12 4 Imprests outstanding— 233 12 3 In the Dominion .. .. .. .. .. .. .. 67 16 5 Investment Account— 22,270 0 0 Securities held .. .. .. .. .. .. .. 40,000 0 0 —— 57,714 8 9 56,161 16 10 j Credits in Reduction of Expenditure under Section 3 of the Education Purposes 11,721 3 6 Loans Act, 1919 .. .. .. .. .. .. .. .. 23,112 2 6 New Zealand Loans Act, 1908, — Education Purposes Loans Act, 1919— 318,360 0 0 Debentures issued .. .. .. .. .. .. .. 165,000 0 0 56,640 0 0 Inscribed Stock issued Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4— Debentures issued .. .. .. .. .. .. .. 183,230 0 0 New Zealand Inscribed Stock Act, 1917—Education Purposes Loans Act, and Finance Act, 1927 (No. 2), Section 4— Inscribed Stock issued .. .. .. .. .. .. 3,770 0 0 352,000 0 0 375,000 0 0 Public Revenues Act, 1926, Section 40, — 160,000 0 0 Temporary Transfers from other Accounts Adjustment of Amount of Interest on Temporary Transfers from other Accounts charged during the Year 1927-28 .. .. .. .. .. 4,313 8 6 — 1 4,313 8 6 - __ I £602,883 0 4 Totals .. .. .. .. .. .. .. £437,139 19 9

33

B.—l [PT. I].

PUBLIC ACCOUNTS, 192 8-1 92 9.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

LOANS ACT 1920 DEPRECIATION FUND ACCOUNT. 1927-1928. 1928-1929. Gross. EXPENDITURE. Gross> £ s. d. £ s. d. £ s. d. Amortization of Debt, — Redemption and Cancellation of Securities in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920— New Zealand Loans Act, 1908— Discharged Soldiers Settlement Loans Act, 1920— 993 17 6 Debentures, 1933 New Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 — 3,390 8 7 5J-per-cent. Inscribed Stock, 1933 (nominal value, £100) .. .. 99 17 6 5J-per-cent. Inscribed Stock, 1930 (nominal value, £1,000) .. .. 980 0 0 1,079 17 6 4,384 6 1 Balance at end of Year, — 20,241 9 10 Cash in the Public Account .. .. .. .. .. .. 27,151 4 1 Investment Account—396,875 0 0 Securities held .. .. .. .. .. .. .. 457,525 0 0 484,676 4 1* 417,116 0 10 £421,500 15 11 Totals .. .. .. .. .. .. .. £485,756 1 7 * For explanatory statement see page 73. ACCOUNT. £ s. d. £ s. d. £ s. d. i 380,200 0 10 Expenditure under Section 3 of the Education Purposes Loans Act, 1919.. .. .. 398,463 6 2 j Charges and Expenses of raising Loans, — Now Zealand Loans Act, 1908— 649 3 9 Education Purposes Loans Act, 1919 .. .. ■ ■ .. .. 6 12 6 3 18 6 Education Purposes Loans Act, 1919 (redemptions) .. .. . . 40 2 6 2 0 0 Education Purposes Loans Act, 1919 (renewals) .. .. •. ■. 18 2 6 Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4 6 10 0 — — 71 7 6 J 655 2 3 ! Public Revenues Act, 1926, Section 40, — I 4,313 8 6 Interest paid on Temporary Transfers from other Accounts 160,000 0 0 Temporary transfers from other Accounts repaid i 164,313 8 6 j I Balance at end of Year, — 17,646 12 4 Cash in the Public Account .. .. .. .. .. 37,985 16 8 Imprests outstanding— 67 16 5 In the Dominion .. .. . . .. . . .. ■ . 619 9 5 Investment Account — 40,000 0 0 Securities held 1 38,605 6 1* j 57,714 S 9 £602,883 0 4 Totals .. .. .. .. . • ■■ .. £437,139 19 9 * For explanatory statement see page 73.

B.—l [PT. I].

34

PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

GENERAL PURPOSES 1927-1928. RECEIPTS. 1928-1929. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 5.962 16 1 Cash in the Public Account .. .. .. .. .. .. 4,537 7 2 Investment Account20,000 0 0 Securities held .. .. .. .. .. .. .. 25,000 0 0 1 29,537 7 2 25,962 16 1 , —. 1,027 0 9 Interest on Advances (Waimarino Bush-fire Relief) .. .. .. .. .. 252 6 3 Public Revenues Act, 1926, Section 136 (4), — Interest on Advances— 341 16 6 Flood Relief .. .. .. .. .. .. .. .. 259 14 8 57 10 9 Fire Relief .. .. .. .. .. .. .. .. 117 12 11 In aid of Works of Production— 107 14 6 Moutere Hills Orchardists .. .. .. .. .. .. 35 5 6 J 3 7 4 Ferngrove Sawmilling Company —! 412 13 1 510 9 1 327 1 4 Repayment of Advances (Waimarino Bush-fire Relief) .. .. .. .. .. | 306 11 5 Public Revenues Act, 1926, Section 136 (4), — Repayment of Advances— 1.963 19 11 Flood Relief .. .. .. .. .. .. .. .. 1,36110 7 151 1 4 Fire Relief .. .. .. .. .. .. .. . . 447 18 1 In aid of Works of Production— 1,101 19 1 Moutere Hills Orchardists .. .. .. .. .. .. 869 7 1 103 13 8 i Ferngrove Sawmilling Company 10 0 Assistance to Cider-manufacturers 1 2,478 15 9 3,321 14 0 Public Revenues Act, 1926, Section 136 (4), — Receipts from Sales or Leases of Land or Interests in Land or Property acquired under Mortgage or other Security—• I In aid of Works of Production— Assistance to Cider-manufacturers .. .. .. .. .. .. j 202 19 6 2 0 ft Realization Suspense Account .. .. .. .. .. .. .. 138 13 6 1,206 11 6 Interest on Investments .. .. .. .. .. .. .. .. 1,238 7 0 I £32,357 12 9 Totals .. .. .. .. .. .. .. £34,567 13 8 HAURAKI PLAINS j £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 12,359 2 10 Cash in the Public Account .. .. .. .. .. ... .. 10,395 9 4 Credits in Reduction of Expenditure under the Hauraki Plains Act, 1926, — 6,069 4 4 Section 10 (1) (c), Cost of constructing and carrying on Works .. .. 20,568 5 5 14 17 5 Section 10 (1) (e), Maintenance of completed Works .. 31 0 7 Section 10 (1) (/), Expenses of Administration .. .. .. .. 20 18 10 20,589 4 3 6,115 2 4 Hauraki Plains Act, 1926, Section 9, — 274 15 6 Subsection (£>), Sales of Land .. .. .. .. .. .. 1,974 4 4 8,343 15 7 Subsection (c), Rents, Royalties, &c. .. .. .. .. .. 7,809 18 7 55 7 11 Subsection (c), Interest on Sales .. .. .. .. .. .. 1 105 13 9 7,056 18 3 Subsection [d), Rates .. .. .. .. .. .. .. 8,109 9 10 1,607 16 2 Subsection (e), Miscellaneous Receipts .. .. .. .. .. 1,640 6 0 19,639 12 6 17,338 13 5 209 3 9 Interest on Investments .. .. .. .. .. .. .. .. 447 11 3 New Zealand Loans Act, 1908, — Hauraki Plains Act, 1926— 40,000 0 0 Debentures issued .. .. .. .. .. .. .. .. 35,000 0 0 Public Revenues Act, 1926, Section 40, — 15,000 0 0 Temporary transfers from other Accounts .. .. .. .. .. 5,000 0 0 Adjustment of Amount of Interest on Temporary Transfers from other Accounts charged during the Year 1927--28 .. .. .. .. .. | 587 19 0 I 5,587 19 0 £91,022 2 4 Totals .. .. .. .. .. .. j .. £91,659 16 4

B.—l [PT. I].

35

PUBLIC ACCOUNTS, 1928-1929.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928 —continued.

6 —B. 1 [PT. I].

RELIEF ACCOUNT. 1927-1928. EXPENDITURE. 1928-1929. Gross. i Gross. £ s. d. \ Public Revenues Act, 1926, Section 136 (3), — £ s. d. £ a. d. 100 0 0 Advances for Flood Relief Advances for Fire Relief .. .. .. .. .. .. .. 5,127 0 0 In aid of Works of Production — 15 6 Advances to Moutere Hills Orchardists .. .. .. .. .. 440 Advances to Ferngrove Sawmilling Company 19 0 1 Assistance to Cider-manufacturers Advance to Kauri-gum Control Board .. .. .. .. .. 2,500 0 0 ' 7,631 4 0 120 5 7 Public Revenues Act, 1926, Section 136 (5) — Expenses of Realization and Disposal by sale or lease of property acquired by right confirmed under mortgage or other security .. .. .. .. .. 100 1 2 Public Revenues Act, 1926, Section 139, — 2,700 0 0 Interest recouped to the Consolidated Fund .. .. . . ..I .. 1 800 0 0 — I ' Realization Suspense Accoant—Amounts allocated .. .. .. .. j •• 140 13 6 ; Balance at end of Year, — i 4,537 7 2 Cash in the Public Account .. .. .. .. .. .. 9,895 15 0 Investment Account— 25,000 0 0 Securities held .. .. .. .. .. .. .. 15,000 0 0 24,895 15 0* 29,537 7 2 £32,357 12 9 Totals .. .. .. .. .. .. .. £34,567 13 8 * For explanatory statement see page 73. SETTLEMENT ACCOUNT. £ s. d. Hauraki Plains Act, 1926, — £ s. d. £ s. d. 38,078 19 8 Section 10 (I) (c), Cost of constructing and carrying on Works .. .. 38,303 5 4 Section 10 (1) (d), 'Cost, of Acquisition of Land and Compensation for Works on 359 10 0 Private Lands .. .. .. .. .. .. .. 253 6 9 7,486 17 9 Section 10 (1) (e), Maintenance of completed Works .. .. .. .. 3,771 0 6 1,100 3 8 Section 10 (1) (/), Expenses of Administration .. .. .. .. 605 2 6 13 2 11 Section 10 (2), Recoupment of Rates to Consolidated Fund .. .. .. 0 7 4 42,933 2 5; 47,038 14 0 Unauthorized Expenditure— Refund of overpaid rates in Hauraki West Drainage Area .. .. .. .. 344 18 3 Public Revenues Act, 1926, Section 139, —■ 8,000 0 0 Interest recouped to the Consolidated Fund .. .. .. .. .. 14,100 0 0 Public Revenues Act, 1926, Section 40, — 587 19 0 Interest paid on temporary transfers from other Accounts 25,000 0 0 Temporary transfers from other Accounts repaid .. .. .. .. 5,000 0 0 " 5,000 0 0 25,587 19 0 Balance at end of Year, — 10,395 9 4 Cash in the Public Account .. .. .. .. .. .. 7,751 15 8 Imprests outstanding— In London .. .. .. .. .. .. .. .. 530 0 0 Investment Account- — Securities held .. .. .. .. .. .. .. 21,000 0 0 — 29,281 15 8* £91,022 2 4 Totals .. .. .. .. .. .. ... £91,659 16 4 * For explanatory statement see page 73

B.—l [PT. I

36

PUBLIC ACCOUNTS, 1 928- 192 9.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

HOWARD ESTATE 1927-1928. RECEIPTS. 1928-1929. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. Cash in the Public Account .. .. .. .. .. .. .. Oil Receipts under Section 7 of the Howard Estate Act, 1919, — 239 12 3 Amount received from the Public Trustee .. .. .. .. .. .. 212 12 6 Oil Interest on Investments .. .. .. .. .. .. .. .. 0 5 6 £239 13 4 Totals .. .. .. .. .. .. .. £212 19 1 HUNTER SOLDIERS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 684 8 11 Cash in the Public Account .. .. .. .. .. .. 428 16 11 Investment Account - 3,050 0 0 Securities held .. .. .. .. .. .. .. 4,050 0 0 — — 4,478 16 11 3,734 8 11 720 18 0 Rents .. .. .. .. .. .. .. .. .. .. 770 18 0 162 18 4 Interest on Investments .. .. .. .. .. . .. .. 194 15 10 £4,618 5 3 Totals .. .. .. .. .. .. .. £5,444 10 9 HUTT VALLEY LANDS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 27,170 11 5 Cash in the Public Account .. .. .. .. .. .. .. 23,833 7 10 Hutt Vallev Lands Settlement Act, 1925, Section 11 (1), — 805 15 8 Rents " .. .. .. .. .. .. .. .. 225 15 0 90,304 4 11 Sales of Land .. .. .. .. .. .. .. .. 67,540 10 1 6,373 2 10 Interest on Sales .. .. .. .. .. .. .. 7,188 16 8 — 74,955 1 9 j 97,483 3 5 841 2 8 Interest on Investments .. .. .. .\ .. .. .. .. 327 19 6 j Public Revenues Act, 1926, Section 40, — 365 1 9 Interest received on temporary transfers to other Accounts 5,000 0 0 Temporary transfers to other Accounts repaid 5,365 1 9 £130,859 19 3 Totals .. .. .. .. .. .. .. £99,116 9 1 KAURI-GUM INDUSTRY £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 2,365 2 6 Cash in the Public Account .. .. .. .. .. .. 71 16 10 Credits in reduction of Expenditure under Section 4 of the Kauri - gum Industry 103 9 11 Amendment Act, 1914 .. .. .. .. .. .. .. ., 489 14 5 3,172 17 2 Sale of Kauri-gum .. .. .. .. .. .. .. g 170 3 g 0 3 0 Miscellaneous Receipts 106 14 6 Interest on Investments .. .. .. .. .. .. .. .. 17 13 10 £5,748 7 1 Totals .. .. .. .. .. .. .. £5,749 8 6

B.—l [Ft. I].

37

PUBLIC ACCOUNTS, 1928-1929.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

ACCOUNT. 1927-1928. 1928-1929. Gross. EXPENDITURE. Gross . £ a. d. Expenditure under Section 38 of the Finance Act, 1922, — £ s. d. £ s. d. 239 12 3 Payment of Rates .. .. .. .. .. .. .. .. 212 12 6 Balance at end of Year,— , Oil Cash in the Public Account .. .. .. .. .. .. .. 067 £239 13 4 Totals .. .. .. .. .. .. .. £212 19 1 • .. ASSISTANCE TRUST ACCOUNT. i £ s. d. Expenditure under Section 6 (a) of the Hunter Gift for the Settlement of Discharged £ s. d. £ s. d. 36 1 0 Soldiers Act, 1921 .. .. .. .. .. .. .. 38 11 5 Land Act, 1924, Section 139, —• 103 7 4 " Thirds " and " Fourths " paid to Local Bodies' Deposit Accounts .. .. .. 113 11 7 Balance at end of Year,— 428 16 11 Cash in the Public Account .. .. .. .. .. .. 1,242 7 9 Investment Account — 4,050 0 0 Securities held .. .. .. .. .. .. .. 4,050 0 0 5,292 7 9*| 4,478 16 11 £4,618 5 3 Totals .. .. .. .. .. .. .. £5,444 10 9 , ! * For explanatory statement see page 73. SETTLEMENT ACCOUNT. £ s. d. Hutt Valley Lands Settlement Act, 1925, Section 11, — £ s. d. £ s. d. Subsection (2) (a), Repayment of Moneys expended for Acquisition and Preparation of Hutt Valley Lands— 95,366 11 5 Land for Settlements Account .. .. .. .. .. .. 98,500 0 0 11,660 0 0 Railways Improvement Authorization Act 1914 Account 98,500 0 0 107,026 11 5 Balance at end of Year,— 23,833 7 10 Cash in the Public Account .. .. .. .. .. .. .. I 616 9 I £130,859 19 3 Totals .. .. .. .. .. .. .. £99,116 9 1 ACCOUNT. | £ s. d. £ s. d. £ s. d. 1,476 10 3 Expenditure under Section 4 of the Kauri-gum Industry Amendment Act, 1914 .. .. 1,613 16 11 j • ' Finance Act, 1926, Section 20, — 4,200 0 0 Repayment of Advance made by Consolidated Fund .. .. .. .. 800 0 0 Balance at end of Year, — 71 16 10 Cash in the Public Account .. .. .. .. .. .. .. 3,335 11 7* £5,748 7 1 Totals .. .. .. .. .. .. .. £5,749 8 6 * For explanatory statement see page 73.

B.—l [FT. 1.1

38

PUBLIC ACCOUNTS, 192 8-1 92 9.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS tor the

LAND ASSURANCE 1927-1928. RECEIPTS. 1928-1929. ; I I £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 4,652 2 9 Cash in the Public Account .. .. .. .. .. .. 800 16 2 Investment Account— 70,400 0 0 Securities held .. .. .. .. .. .. .. 81,600 0 0 82,400 16 2 81,052 2 9 \ Receipts under Section 185, Land Transfer Act, 1915, — 55 3 2 Levy on value of Land brought under the Act ... .. .. .. • • 654 Receipts under Section 4, Mortgagees' Indemnity (Workers' Charges) Act, 1927, — 1,121 12 0 Mortgagees'Indemnity Fees .. .. .. .. .. .. •• 3,580 19 0 3,411 5 3 Interest on Investments .. .. .. .. .. .. .. •• 3,160 10 0 £85,640 3 2 Totals .. .. .. .. .. .. .. £89,148 10 6 LAND FOR SETTLEMENTS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 21,515 2 4 Cash in the Public Account .. .. .. . .. 6,277 5 3 Imprests outstanding— 837 13 0 In the Dominion Investment Account — 141,100 0 0 Securities held .. .. .. .. .. .. •• 180,325 0 0 — 186,602 5 3 163,452 15 4 Credits in Reduction, — Unauthorized Expenditure— 24 3 10 Services not provided for .. .. .. . Credits in reduction of Expenditure on Estates, — 2,452 7 4 Acquirement of Estates .. .. .. .. .. .. ■ • 843 11 2 13,142 15 6 Expenses incidental to Estates .. .. .. .. 589 7 9'| 1,432 18 11 15,595 2 10 18 0 0 Recoveries on account of Expenditure of Previous Years .. .. .. .. 55 10 10 Receipts derived from Estates, —- 376,475 13 10 Rents .. .. .. .. ".. .. .. .. .. 388,140 8 5 51,984 4 7 Sales .. .. .. .. .. .. .. .. .. 59,131 0 3 25,438 9 8 Interest on Sales .. .. .. .. .. .. .. 19,444 11 11 —. , 466,716 0 7 453,898 8 1 ' Land Laws Amendment Act, 1912, Section 5, —- 533 10 8 Interest on Sales of Crown Lands .. .. .. .. .. .. 409 19 11 3,200 4 10* Less Refunds and Adjustments .. .. .. .. .. .. 1.800 12 6 Dr. 1,390 12 7 : Dr. 2,666 14 2 630,321 15 11 Carried forward .. .. .. .. .. .. 653,416 3 0 * Includes £3,182 8s. under section 213, Land Act, 1924.

B.—l [PT. I

39

PUBLIC ACCOUNTS, 1 9 28-1929.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

FUND ACCOUNT. 1927-1928. 1928-1929. Gross. EXPENDITURE , £ s. d. Expenditure under Section 188 of the Land Transfer Act, 1915, — £ s. d. £ s. d. 225 0 0 Claims admitted and paid from the Fund .. .. .. .. .. .. 312 2 6 Expenditure under Section 190 (4) of the Land Transfer Act, 1915, — 14 7 0 Costs incurred by the Registrar-General .. .. .. .. .. .. 220 Expenditure under Section 18 of the Finance Act, 1924, — Expenses of carrying into effect the provisions of the Land Transfer (Compulsory 3,000 0 0 Registration of Titles) Act, 1924 .. .. .. .. .. .. 3,000 0 0 Balance at end of Year, — S00 10 2 Cash in the Public Account .. .. .. .. .. .. 17,234 6 0 Investment Account— SI,600 0 0 Securities held .. .. .. .. .. .. .. 68,600 0 0 — 85,834 6 0* 82,400 10 2 £83,640 3 2 Totals .. .. .. .. .. .. .. £89,148 10 6 * For explanatory statement see page 73. ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 3,569 16 3 Vote—Land for Settlements Expenses .. .. .. .. .. 2,152 13 6 Unauthorized Expenditure,— 24 3 10 Services not provided for 2,152 13 6 3,594 0 1 Expenditure under the Land for Settlements Act, 1925, Section 45, — 22,552 1 10 Acquirement of Estates .. .. .. .. .. .. .. 3,951 3 9 113,495 0 8 Expenses incidental to Estates .. .. .. .. .. .. 70,709 16 1 — —— 74,660 19 10 136,047 2 6 Expenditure under Section 8 (2) of the Rangitaiki Land Drainage Act, 1910, — 76 13 2 Acquisition of Land for Settlement Land Laws Amendment Act, 1927, Section 20,— Discharged Soldiers Settlement Amendment Act, 1923 — Payment to Discharged Soldiers Settlement Account in respect of Amount added to the Capital Value of Land— 32,284 6 9 Expenditure under Section 20 (4) .. .. .. .. .. 4,929 3 2 165 0 0 Expenditure under Section 20 (5) .. .. .. .. .. 70 0 0 — 4,999 3 2 32,449 6 9 _ Land Act, 1924, — Expenditure under— Section 20 (3), Payment in respect of Land obtained for Government Works 3,707 11 3 now deemed to be Settlement Land 1,505 0 0 Section 83 (3), Payment in respect of Value of Improvements .. .. 48 17 2 48 17 2 5,212 11 3 Land Act, 1924, Section 139, — 113 9 11 " Thirds " and " Fourths " paid over to Local Bodies' Deposit Accounts .. .. 126 16 3 247 1 5 Interest under Section 208 (8) of the Land Act, 1924 .. .. .. .. .. • 168 4 9 Land for Settlements Act, 1925,— Expenditure under Section 49 (4) —Amount appropriated from Sale of Crown 228 16 1 Lands in Payment for Settlement Land converted into Ordinary Crown Land.. 88 3 2 Expenditure under Section 105 —Payment in respect of Crown Lands proclaimed 73 13 6 .Land for Settlement Lands .. .. .. .. .. .. 441 11 6 . 529 H 8 302 9 7 Expenditure under the Reserves and other Lands Disposal and Public Bodies' Empowering Act, 1925, Section 18 (1) (b), — 9 5 0 Expenses in connection with the acquirement of land Reserves and other Lands Disposal Act, 1926, Section 3 (2),— Purchase of Land for the purpose of a Domain .. .. .. .. .. 480 0 0 Reserves and other Lands Disposal Act, 1926, Section 10 (3)— Amount paid to Public Trustee for purchase of section (Waihi Beach Loan Sinking Eund) .. .. .. .. .. .. .. .. .. 1,000 0 0 178,051 19 8 Carried forward .. .. .. .. .. .. ! 84,166 9 4

B.- 1 LPt. 1]

40

PUBLIC ACCOUNTS, 1928 -192 9.

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the

LAND FOR SETTLEMENTS 1927-1928. RECEIPTS 1928-1929. I ; I £ s. d. £ s. d. £ s. d. 630,321 15 11 Brought forward .. .. .. .. .. .. 653,416 3 0 Land Act, 1924, Section 20,— 12,275 5 7 Sale of Crown Lands .. .. .. .. .. .. .. .. 57,589 15 3 Land Act, 1924, Section 208, — Receipts on account of Capital Value of Land .. .. .. .. .. I 407 14 2 | Hutt Valley Land Settlement Act, 1925, Section 11 (2), (a), — Amount received from Hutt Valley Land Settlement Account in respect of Purchasemoneys expended for the acquisition of Land subject to the Act, or in respect 95,360 11 5 of the preparation of the Land for disposal .. .. .. .. .. 98,500 0 0 Receipts on account of Farm Accounts, —- 7,180 13 2 Te Wera Estate .. .. .. .. .. .. .. .. 10,284 10 8 Land for Settlements Act, 1925, —■ Amounts received in respect of settlement land converted into ordinary Crown Land or National Endowment Land—1,111 1 9 Receipts under Section 49, Subsections (2) and (3) .. .. .. 495 0 0 60 0 0 Receipts under Section 49, Subsection (4) .. .. .. .. 88 3 2 583 3 2 1,171 1 9 Reserves and other Lands Disposal Act, 1927, Section 25 (2), — Amount received from Jiangitaiki County Council .. .. .. .. .. 31731 6,997 15 7 Interest on Investments .. .. .. .. .. .. .. .. 11,545 6 5 Land Laws Amendment Act, 1927, Section 17 (5) (as),— Amount received from Native Land Settlement Account, being refund in respect of moneys expended in opening up for settlement land purchased by that account .. .. .. .. .. .. .. .. .. 218,628 19 2 Land Laws Amendment Act, 1927, Section 17 (6), — Transfer from Land for Settlements Account (Opening up Grown Lands for Settlement Account) of the Unexpended Balance of Moneys set aside under the authority of Section 47, Land for Settlements Act, 1925 .. .. .. 8,698 5 4 Public Revenues Act, 1926, Section 40, — 410 6 0 Interest received on temporary transfers to other Accounts £783,723 9 5 Totals .. .. .. .. .. .. .. £1,059,971 0 3 LAND FOR SETTLEMENTS ACCOUNT £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 9,060 3 11 Cash in the Public Account .. .. .. .. .. .. .. 8,630 3 11 Credits-in-aid, — 238 2 2 Vote —Opening up Land for Settlements Land for Settlements Act, 1925, — 13,707 17 2 Receipts under Section 47 344 18 9 Interest on Investments .. .. .. •. .. .. .. .. 68 1 5 £23,351 2 0 Totals .. .. .. .. .. .. .. £8,698 5 4

B.—l [PT. I].

41

PUBLIC ACCOUNTS, 1928-1929.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

ACCOUNT—continued. 1927-1928. 1928-1929. Gross. EXPENDITURE. Gross> _ . I | £ s. d. £ s. d. £ s. d. 178,051 19 8 Brought forward .. .. .. .. .. .. 84,166 9 4 Reserves and other Lands Disposal Act, 1927, Section 7— Reclamation work at Kohukohu .. .. .. .. .. .. .. 258 14 0 Land Laws Amendment Apt, 1926, Section 13, — Interest on Amount paid into Land for Settlements Account as Capital 33,803 19 4 Proceeds from Sales of Crown Lands .. .. .. .. .. .. 110,804 19 0 Te Wera Farm Account , — 18,412 3 1 Expenditure .. .. .. .. .. .. .. .. .. 8,875 5 6 Finance Act, 1926, Section 23 (4), — Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944 — New Zealand State-guaranteed Advances Acts, 1909-10 — 6 3 8 Land for Settlements Branch .. .. .. .. .. .. 6117 Public Revenues Act, 1926, Section 139, — 357,449 8 4 Interest recouped to the Consolidated Fund .. .. .. .. .. 339,369 4 3 | New Zealand Loans Act, 1908, Section 26,— 1,297 15 9 Recoupment of Management Charges of New Zealand Consolidated Stock .. .. 324 7 5 Land for Settlements Act, 1925, Section 45 (1) ( b) and (3),— Recoupment to Ordinary Revenue Account of Amount charged thereto for 489 5 10 Reduction of Funded Debt .. .. .. .. .. .. .. 513 18 8 I Finance Act, 1927 (No. 2), Section 23 (2), — 5,094 8 4 Refund to Consolidated Fund 2,513 17 8 Refund to Public Works Fund (General Purposes Account) .. 7,608 6 0 Refunds arisine out of the operation of Section 6 of the Deteriorated Lands Act, 1925,Receipts derived from Estates— Sales .. .. .. .. .. .. .. .. 89 4 0 Rents .. .. .. .. .. .. .. .. 718 Land Laws Amendment Act, 1912, Section 5— Interest on sales of Crown Lands .. .. .. .. .. 38 4 7 — 134 10 3 Amortization of Debt, — Debentures redeemed at Maturity— Finance Act, 1927, Section 6 — New Zealand State-guaranteed Advances Acts, 1909-10 (Land for Settlements Branch) .. .. .. .. .. .. .. .. 100 0 0 Securities redeemed and cancelled before maturity in terms of Section 24 of the Finance Act, 1921-22 — Finance Act, 1927, Section 6•— Land for Settlements Act, 1908 (due 1st January, 1929) .. .. .. 118,600 0 0 Land for Settlements Act, 1925 (due 1st March, 1932) .. .. .. 100,000 0 0 218,600 0 0 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — 0 12 6 Land for Settlements Act, 1908 (Redemptions) 1 10 0 Land for Settlements Act, 1925 (Renewals) .. .. .. .. 2901 2 9 0 2 2 6 Balance at end of Year, — 6,277 5 3 Cash in the Public Account .. .. .. .. .. .. 32,752 0 3 Imprests outstanding—■ In the Dominion .. .. .. .. .. .. .. 1,512 11 0 Investment Account— 180,325 0 0 Securities held .. .. .. .. .. .. .. 262,550 0 0 296,814 11 3* 186,602 5 3 £783,723 9 5 | Totals .. .. .. .. .. .. .. £1,059,971 0 3 * For explanatory statement see page 73. (Opening up Crown Lands for Settlement). £ s. d. Annual Appropriation,— £ s. d. £ s. d. 6,574 18 9 Vote—Opening up Land for Settlements Public Revenues Act, 1926, Section 139, — 8,145 19 4 Interest recouped to the Consolidated Fund Land Laws Amendment Act, 1927, Section 17 (6),-— Transfer to Land for Settlements Account of unexpended balance of Account .. .. 8,698 5 4 Balance at end of Year, —- 8,630 3 11 Cash in the Public Account Imprests outstanding— In the Dominion £23,351 2 0 Totals .. .. .. .. .. .. .. £8,698 5 4

B.—l [Pt. I].

42

PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the

LAND FOR SETTLEMENTS ACCOUNT 1927-1928. RECEIPTS. j 1928-1929. ■ £ s. d. Balance at beginning of Year, — £ s. d. f s. d. 23,273 11 6 Cash in the Public Account .. .. .. .. .. .. 6,889 18 3 Investment Account— 95,000 0 0 Securities held .. .. .. .. .. .. .. 45.000 0 0 — 51,889 18 3 118,273 11 6 Credits-in-aid, — 637 11 0 Vote—Land for Settlement of Discharged Soldiers: Expenses .. .. .. 12 10 0 Credits in reduction of Expenditure on Estates, — 353 0 0 Acquirement of Estates .. .. .. .. .. .. .. 578 1 3 156 2 5 Expenses incidental to Estates .. .. .. .. ... .. 198 10 4 776 11 7 509 2 5 Receipts derived from Estates, —- 72,829 17 3 Rents .. .. .. .. .. .. .. .. .. 78,641 15 5 1,078 16 4 Sales .. .. .. .. .. .. .. .. .. 2,454 11 8 494 8 11 Interest on Sales .. .. .. .. .. .. .. 815 18 2 — 81,912 5 3 74,403 2 6 — Land for Settlements Act, 1925, — Amounts received in respect of Settlement Lands converted into Ordinary Crown Land or National Endowment Land— Receipts under Section 49, Subsections (2) and (3).. .. ... .. 755 16 6 168 16 1 Receipts under Section 49, Subsection (4) — 755 16 6 5,465 2 6 Interest on Investments .. .. .. .. .. .. .. .. 2,179 6 5 Public Revenues Act, 1926, Section 40, — Temporary transfer from other Accounts .. .. .. .. .. 3,000 0 0 1,365 9 7 Interest received on temporary transfers to other Accounts Temporary Transfers to other Accounts— 20,000 0 0 Adjustment consequent on Finance Act, 1927 (No. 2), Section 16 3,000 0 0 21,365 9 7 £220,822 15 7 Totals .. .. .. .. .. .. .. £140,526 8 0 LOANS REDEMPTION £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 239 3 2 Cash in the Public Account .. .. .. .. .. .. .. 32,012 18 3 New Zealand Inscribed Stock Act, 1917, Section 3, — 307,450 0 0 Inscribed Stock issued in conversion of Bonds, as per contra .. ,. .. .. 322,150 0 0 357,000 0 0 Debentures issued in conversion of Inscribed Stock .. 14,150 0 0 Inscribed Stock issued in conversion of Death-duty Stock, as per contra .. .. 20,100 0 0 Finance Act, 1922, Section 3 (5), —■ 1,300 0 0 Inscribed Stock issued in replacement of Stock Certificates 9,600 0 0 Inscribed Stock issued in replacement of Death-duty Stock, as per contra.. .. .. 7,900 0 0 Public Revenues Act, 1926, Section 143, — 250 0 0 Inscribed Stock issued in replacement of Lost Bonds.. .. .. .. .. 200 0 0 New Zealand Loans Act, 1908, — 22,000 0 0 Inscribed Stock issued for redemption of Death-duty Stock, as per contra .. .. 3,500 0 0 711,989 3 2 Carried forward .. .. .. .. .. .. 385,862 18 3

43

B.—l [PT. I].

PUBLIC ACCOUNTS, 1928-1929.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

7—B. 1 [PT. I].

(Discharged Soldiers Settlement Account). 1927-1928. ' 1928-1929. Gross. EXPENDITURE. Gross> £ s. d. Annual Appropriation,— • £ s. d. £ s. d. 1,362 13 7 Vote —Land for Settlement of Discharged Soldiers: Expenses .. .. .. 1,356 8 2 Expenditure under the Land for Settlements Act, 1925, Section 45, — 11,439 5 8 Expenses incidental to Estates .. .. .. .. .. .. .. 4,606 13 3 Land for Settlements Act, 1925, Section 105, — Payment in respeot of Crown Lands proclaimed Land for Settlements Land .. .. I ,271 0 0 Land Laws Amendment Act, 1927, Section 20, — Discharged Soldiers Settlement Amendment Act, 1923, Section 20 (4)— Amount recouped to Discharged Soldiers Settlement Account in respect of 6,130 18 1 Amount added to Capital Value of Land .. .. .. 5,477 17 3 Public Revenues Act, 1926, Section 139, — 50,000 0 0 Interest recouped to the Consolidated Fund .. .. .. .. .. 79,800 0 0 Refunds arising out of the operation of Section 6 of the Deteriorated Lands Act, 1925,— Receipts derived from estates— Rents .. .. .. .. .. .. .. .. .. 10 12 7 Amortization of Debt, — Securities redeemed and cancelled in terms of Section 24 of the Finance Act, 1921-22— Finance Act, 1927, Section 6 —• Discharged Soldiers Settlement Loans Act, 1919, Section 4 (due 1st 100,000 0 0 September, 1931) .. .. .. .. .. .. .. .. 45,000 0 0 Public Revenues Act, 1926, Section 40, —• Temporary transfers from other Accounts repaid .. .. .. .. .. 3,000 0 0 Balance at end of Year, — 6,889 18 3 Cash in the Public Account .. .. .. .. .. .. 3 16 9 Investment Account— 45,000 0 0 Securities held 3 16 9* 51,889 18 3 £220,822 15 7 Totals .. .. .. .. .. .. .. £140,526 8 0 * For explanatory statement see page 73. ACCOUNT. £ s. d. £ s. d. £ s. d. New Zealand Inscribed Stock Act, 1917, Section 3, — 307,450 0 0 Bonds and Debentures converted into Inscribed Stock .. .. .. .. 322,15(1 0 0 357,000 0 0 Inscribed Stock converted into Debentures .. 14,150 0 0 Inscribed Stock (Death Duties) converted into Inscribed Stock .. .. .. 20,100 0 0 Finance Act, 1922, Section 3 (5), — 1,300 0 0 Stock Certificates replaced by Inscribed Stock 9,600 0 0 Inscribed Stock (Death Duties) replaced by Inscribed Stock .. .. .. .. 7,900 0 0 ■ Public Revenues Act, 1926, Section 143, — 250 0 0 Bonds lost and replaced by Inscribed Stock .. .. . . .. .. 1 200 0 0 | New Zealand Loans Act, 1908, — 22,000 0 0 Death Duty Stock redeemed at Maturity .. .. .. .. •• ; 3,500 0 0 . I 711,750 0 0 Carried forward .. .. .. .. .. j ! 353,850 0 0

B.—l [PT. I].

44

PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. • 1928-1929. £ s. d. ' £ s. d. £ s. d. 711,989 3 2 | Brought forward .. .. .. .. .. .. 385,862 18 3 New Zealand Loans Act, 1908, — 500,000 0 0 Consolidated Stock issued for redemption of Debentures before Maturity 2,500 0 0 Premium on Issue 502,500 0 0 Consolidated Stock issued for redemption of Consolidated Stock before Maturity.. . 590,453 4 2 - 310,950 0 0 Inscribed Stock issued for redemption of Debentures at Maturity .. .. .. 42,150 0 0 j j 471,800 0 0 Inscribed Stock issued for redemption of Debentures before Maturity .. .. .. 691,180 0 0 500 0 0 Inscribed Stock (Death Duties) issued for redemption of Debentures before Maturity .. 2,700 0 0 _ 600 0 0 Inscribed Stock (Death Duties) issued for redemption of Debentures at Maturity .. I 125,000 0 0 Inscribed Stock issued for redemption of Securities at Maturity 1,180 0 0 Inscribed Stock issued for redemption of Inscribed Stock at Maturity Inscribed Stock issued for redemption of Consolidated Stock before Maturity .. .. 11,000 0 0 500 0 0 Inscribed Stock issued for redemption of Stock Certificates 903,420 0 0 Inscribed Stock issued in renewal of Inscribed Stock Matured.. .. .. .. 51,110 0 0 1,850 0 0 Inscribed Stock (Death Duties) issued in renewal of Inscribed Stock Matured 400,000 0 0 Treasury Bills issued for redemption of Securities at Maturity.. .. .. . . ' 1,700,000 0 0 Treasury Bills issued for redemption of Debentures before Maturity .. .. .. 1 19,200 0 0 Debentures issued for redemption of Debentures at Maturity .. .. .. 300,000 0 0 5,152,789 3 2 Carried forward .. .. .. .. .. .. 2,074,456 2 5

45

B.—l TPT. I

PUBLIC ACCOUNTS, 1928-1929

LOANS REDEMPTION ACCOUNT —continued.

1927-1928. 1928-1929. Gross. EXPENDITURE. Gross _ _ _ ; — I . 1 ; ' £ s. d. £ s. d. £ s. d. 711,750 0 0 Brought forward .. .. .. .. ,. .. 353,850 0 0 . "I Finance Act, 1921-22, Section 24, — 3,943,290 0 0 Securities redeemed and cancelled before Maturity . . .. .. .. .. 1,938,538 13 10 - — . ' New Zealand Loans Act, 1908, — 848,870 0 0 Debentures redeemed at Maturity .. .. .. .. .. 733,550 0 0 New Zealand Inscribed Stock Act, 1917, — 730 0 0 Stock Certificates redeemed at Maturity 5,504,640 0 0 Carried forward .. .. 3,025,938 13 10

B.—l [PT. I]

46

PUBLIC ACCOUNTS, 1 9 28-1 92 9.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. 1928-1929. £ s. d. £ a. d. £ s. d. 5,1,52,789 3 2 Brought forward .. .. .. .. .. .. 2,074,456 2 5 New Zealand Loans Act, 1908, — 404,780 0 0 Debentures issued for Redemption of Securities at Maturity .. 174,800 0 0 Debentures issued for Redemption of Inscribed Stock at Maturity .. .. .. 3,300 0 0 1,050,000 0 0 Debentures issued for Redemption of Treasury Bills at Maturity .. .. .. 1,050,000 0 0 1,268,860 0 0 Debentures issued for Redemption of Debentures before Maturity .. .. .. 426,330 0 0 4,899,466 0 0 Debentures issued in Renewal of Debenture Loans Matured .. .. .. .. 13,730,245 0 0 Consolidated Stock issued in conversion of Consolidated Stock, — New Zealand Consolidated Stock, 1947 (Public Works Fund, General Purposes Account) .. .. .. .. .. .. .. .. 5,256,348 7 9 New Zealand Consolidated Stock, 1948-58 (Public Works Fund, General Purposes Account) .. .. .. .. .. .. .. .. 12,227,987 13 3 17,484,336 1 0 Finance Act, 1925, Section 13, — Amount received in respect of War Expenses to be applied in repayment of War Loans —- 1,836 11 9 Subsection (2), Miscellaneous War Receipts .. .. .. .. 300 19 11 27,992 16 1 Subsection (3), Repatriation Receipts paid in by State Advances Office .. 23,111 4 5 ——— —- 23,412 4 4 29,829 7 10 Public Revenues Act, 1926, Section 135 (2), — 248,161 14 5 Amount received on account of New Zealand Share of German Reparations .. 332,736 16 11 Amount received from Public Trustee on account of Reparations and Settlement 96,000 0 0 of ex-Enemy Debts and Properties Balance of Profits derived from the sale of German dyes not now required for reparation claims .. .. .. .. .. .. .. 898 11 10 333,635 8 9 344,161 14 5 Public Revenues Act, 1926, Section 135 (4), — Amount transferred from Samoan Loan Suspense Account for redemption, before Maturity, of securities issued under the Finance Act, 1921-22, Section 26 .. 8,000 0 0 Amount received from the State Advances Office for redemption of Debentures at Maturity .. .. .. .. .. .. .. .. 4,243 10 2 Amount received from the State Advances Office for redemption of Debentures before Maturity .. .. .. .. .. .. .. 1,790 2 5 Amount received from Main Highways Account, Revenue Fund for redemption of Loans .. .. .. .. .. .. .. .. 59,948 0 0 —— 73,981 12 7 Sinking Funds held by the State Advances Office set free to redeem debentures under, — Government Advances to Settlers Act, 1908 (Advances to Settlers Branch) .. 153,665 1 11 Government Advances to Settlers Act, 1908 (Advances to Workers Branch) .. 21,091 7 11 New Zealand State-guaranteed Advances Act, 1909 (Local Authorities Branch) .. 228,209 17 7 New Zealand State-guaranteed Advances Acts, 1909-10 (Advances to Settlers Branch) .. .. .. .. .. . .. .. 205,000 0 0 607,966 7 5 Portion of Amount advanced to the High Commissioner for redemption of Debentures at Maturity, repaid to Public Account, not required,— 100 0 0 Westport Harbour Board Act, 1920, and Westport Harbour Board Act, 1884 Balance of Conversion Account transferred to meet charges and expenses of conL versions of 4-per-cent. New Zealand Consolidated Stock, 1929.. .. .. .. 31 5 2 £13,324,786 5 5 Totals .. .. .. .. .. .. .. £35,807,694 1 8 --L—L- _

47

B.—l [PT. I

PUBLIC ACCOUNTS, 19 2 8-1929.

LOANS REDEMPTION ACCOUNT—continued.

1927-1928. 1928-1929. Gross. EXPENDITURE Gross . £ s. d, £ s. d. £ s. d. 5,504,640 0 0 Brought forward .. .. .. .. .. .. 3,025,938 13 10 New Zealand Loans Act, 1908, — 568,830 0 0 Inscribed Stock redeemed at Maturity .. .. .. .. .. .. 5,800 0 0 1,050,000 0 0 Treasury Bills redeemed at Maturity .. .. ... .. .. .. 1,050,000 0 0 Consolidated Stock converted into Consolidated Stock— New Zealand Consolidated Stock, 1929 (Public Works Fund, General Purposes Account) .. .. .. .. .. .. .. .. .. 16,759,496 0 0 War Credits applied in redemption of Loans in terms of Section 13 (1) of the Finance Act, 1925, — Securities redeemed at Maturity— 22,400 0 0 Debentures 3,000 0 0 Inscribed Stock Securities redeemed and cancelled before Maturity in terms of Section 24, Finance Act, 1921-22— Debentures (nominal value, £27,350) .. .. .. .. .. 27,274 0 0 27,274 0 0 25,400 0 0 Reparation Moneys applied in redemption of Loans in terms of the Public Revenues Act, 1926, Section 135 (3),— Securities redeemed at Maturity— 105,380 0 0 Debentures .. .. .. .. .. .. .. .. 26,700 0 0 57,890 0 0 Inscribed Stock .. .. .. .. .. .. .. .124,800 0 0 19,350 0 0 Death Duty Stock .. .. .. .. .. .. .. 66,050 0 0 I— 217,550 0 0 182,620 0 0 Securities redeemed and cancelled before Maturity in terms of Section 24, Finance Act, 1921-22— 72,073 8 9 Debentures (nominal value, £89,190).. .. .. .. .. 89,123 10 0 81,963 16 0 Inscribed Stock (nominal value, £34,460).. .. .. .. .. 33,855 12 0 122,979 2 0 154,037 4 9 £123,650 New Zealand Loans Act, 1908, — 4,899,466 0 0 Debentures redeemed by Renewal .. .. .. .. .. .. 13,730,245 0 0 905,270 0 0 Inscribed Stock redeemed by Renewal .. .. .. .. .. .. 51,110 0 0 New Zealand Loans Act, 1908, — Charges and Expenses of raising Loans— 2,500 0 0 Finance Act, 1920, Section 15 (Public Works), (redemptions) New Zealand Consolidated Stock, 1947, Ordinary Revenue Account, Miscellaneous— Revenue Deficiencies .. .. .. .. .. .. 18,048 5 1 Charges and Expenses of Conversions— New Zealand Consolidated Stock, 1947 (Public Works Fund, General Purposes Account) .. .. .. .. ■■ .. .. .. 226,348 7 9 New Zealand Consolidated Stock, 1948-58 (Public Works Fund, General Purposes Account) .. .. .. -. • • • ■ •. • • 498,522 18 5 Stamp Duty on transfers of New Zealand Consolidated Stock, 1935-45 — 10 2 5 Aid to Public Works and Land Settlement Act, 1902 (redemptions) .. .. 5 12 2 742,925 3 5 2,510 2 5 Adjustment of Entries incorrectly shown in 1927-28 Accounts, — New Zealand Loans Act, 1908 — Debentures issued for redemption of securities at Maturity (now treated as Debentures issued for redemption of Debentures before Maturity, per contra) .. 9,080 0 0 Balance at end of Year, — 32,012 18 3 Cash in the Public Account .. .. .. .. .. .. 45,414 10 9 Investment AccountSecurities held .. .. .. .. .. .. •• 19,881 11 8 65,296 2 5* £13,324,786 5 5 Totals .. .. .. .. .. .. .. £35,807,694 1 8 * For explanatory statement see page 73.

B.—l [PT. I

48

PUBLIC ACCOUNTS, 1923-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS 1928-1929. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 98,532 8 3 Cash in the Public Account .. .. .. .. .. 377,859 4 10 Imprests outstanding— 58 19 2 In the Dominion .. .. .. 2,126 15 3 1,448 0 0 In London Investment Account— 652,900 0 0 Securities held ., .. .. .. .. .. 242,900 0 0 622,886 0 1 752,939 7 5 Credits-in- Aid, — 29,880 2 3 Vote —Maintenance of Main Highways .. .. .. .. .. .. 41,521 17 3 Main Highways Act, 1922, Section 14, — Amounts transferred from the Consolidated Fund— 35,000 0 0 Subsection (a) —Amount voted .. .. .. .. . .. 35,000 0 0 227,451 3 2 Subsection (4)—Customs duty on tires .. .. .. .. .. 196,747 3 10 345,509 11 1 Subsection (c) —Pees and fines under Section 24 of the Motor-vehicles Act, 1924 244,017 1 7 Subsection (e) —Interest on moneys expended on purchase of plant supplied to Local Bodies in terms of the Main Highways Amendment Act, 1925, 2,350 15 6 Section 10.. .. .. .. .. .. .. .. 2,743 13 4 Amounts received from Local Bodies in respect of Advances under Main Highways Amendment Act, 1926, Section 2—Interest .. .. .. .. .. .. .. .. 78 0 0 Miscellaneous Receipts.. .. .. .. .. .. .. 34 1 4 _______ 478,620 0 1 610,311 9 9 Motor-spirits Taxation Act, 1927, Section 9 (\), — 130,460 17 7 Tax on Motor-spirits—92 per cent, of net tax transferred from the Consolidated Pund .. 730,414 6 2 31,275 4 9 Interest on Investments—Revenue Fund .. .. .. .. .. .. 26,025 16 8 2,907 6 1 Interest on Investments —Construction Fund .. .. .. .. .. 3,571 12 3 Public Revenues Act, 1926, Section 40, — Interest received on Temporary Transfers from Revenue Fund to other Accounts 33 6 3 Interest received on Temporary Transfers from Construction Fund to other Accounts .. .. .. .. .. .. .. .. 27 18 11 61 5 2 £1,557,774 7 10 Totals .. .. .. .. .. .. .. £1,903,100 17 8

49

B.—l [PT. I].

PUBLIC ACCOUNTS, 1928-1929.

MAIN HIGHWAYS ACCOUNT REVENUE FUND.

1927-1928. 1928-1929. Gross. EXPENDITURE. Gross . I 1 ; £ s. d. Annual Appropriation,— £ s. d. £ s. d. 601,824 15 9 Vote—Maintenance of Main Highways .. .. .. .. .. 1,001,032 9 llf Unauthorized Expenditure,— Services not provided for .. .. .. .. .. 9,705 3 0 1,010,737 12 11 Expenditure under Section 20 of the Finance Act, 1925, — 1,807 0 0 Subsection (2) (a), Payments to Taranaki, Hawera, and Eltham County Councils .. 1,807 0 0 Finance Act, 1927 (No. 2), Section 33, —- Payment to Wellington City Council .. .. .. .. .. .. 15,068 10 9 Expenditure under the Main Highways Amendment Act, 1926, Section 2, — 1,750 0 0 Advances to Local Authorities .. .. .. .. .. .. .. 3,850 0 0 Main Highways Act, 1922, Section 15 (2), — I 300,000 0 0 Amount transferred to Construction Fund .. .. .. .. .. .. 350,000 0 0 New Zealand Loans Act, 1908, Section 26, — Recoupment of Management Charges of Consolidated Stock on account of 327 0 2 Construction Fund Public Revenues Act, 1926, Section 139, — 28,929 11 10 Interest recouped to the Consolidated Fund .. .. .. Public Revenues Act, 1926, Section 40, — Interest paid on temporary transfers to Construction Fund from other Accounts .. 32 17 6 Charges and Expenses of raising Loans, — 250 0 0 Main Highways Act, 1922 I Finance Act, 1928, Section 5 (1), —• Charges and expenses of raising Loans — Main Highways Act, 1922 .. .. .. .. .. .. | .. 0 15 0 Balance at end of Year, — 377,859 4 10 Cash in the Public Account .. .. .. .. .. .. 208,970 7 4 Imprests outstanding— 2,126 15 3 in the Dominion .. .. .. .. .. .. .. 4,732 15 6 In London .. .. .. .. .. .. .. .. 0 18 8 Investment Account— 242,900 0 0 Securities held .. .. .. .. .. .. 1 307,900 0 0 521,604 1 6* 622,886 0 1 £1,557,774 7 10 Totals .. .. .. .. .. .. • .. £1,903,100 17 8 * For explanatory statement see page 73. f Includes £59,948 transferred to Loans Redemption Account for redemption of Main Highways loans, not yet applied and included in the balance of Loans Redemption Account at 31st March, 1929.

50

B.—l [PT. I]. PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

MAIN HIGHWAYS ACCOUNT 1927-1928. RECEIPTS. 1928-1929. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 62,321 2 9 Cash in the Public Account .. .. .. .. .. .. 68,746 14 8 Imprests outstanding— 3,238 7 9 In the Dominion .. .. .. .. .. .. .. 3,824 2 10 Investment Account— 5,000 0 0 Securities held 72,570 17 6 70,559 10 6 Credits-in-Aid, — 60,813 2 8 Vote—Main Highways .. .. .. .. .. .. .. .. 34,113 14 10 8 14 6 Recoveries on account of Expenditure of previous Years .. .. .. .. 7 17 7 Main Highways Act, 1922, Section 15 (2), — 300,000 0 0 Transfer from Revenue Fund .. .. .. .. .. .. .. 350,000 0 0 Main Highways Act, 1922, Section 16, (6), — 200,000 0 0 Amount transferred from Public Works Fund: General Purposes Account ..I .. 200,000 0 0 New Zealand Loans Act, 1908, — Main Highways Act, 1922— Debentures issued .. .. .. .. .. .. .. 83,450 0 0 New Zealand Inscribed Stock Act, 1917 —- Main Highways Act, 1922 — 50,000 0 0 Inscribed Stock issued .. .. .. .. .. .. 146,550 0 0 — — 230,000 0 0 Public Revenues Act, 1926, Section 40,— Temporary transfers from other accounts .. .. .. .. .. .. j 50,000 0 0 Finance Aot, 1928, Section 5 (2), — Transfer from the Revenue Fund in respect of charges and expenses of raising Loans charged in the Year 1925-26 .. .. .. .. .. .. I 42,007 14 0 j £681,381 7 8 Totals .. .. .. .. .. .. .. I £978,700 3 11 MINING ADVANCES £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 6,612 4 8 Cash in the Public Account .. .. .. .. .. .. 7,615 17 6 Investment Account — 7,000 0 0 Securities held .. .. .. .. .. .. .. 7,000 0 0 14,615 17 6 13,612 4 8 Mining Act, 1926, Section 383 (5), — 1,075 0 0 Repayment of Advances .. .. .. .. .. .. .. 7 12 0 351 2 8 Interest on Advances .. .. .. .. .. .. .. 1,331 5 3 1,338 17 3 1,426 2 8 447 12 10 Interest on Investments .. .. .. .. .. .. ., .. 579 8 5 Public Revenues Act, 1926, Section 40, — 132 14 3 Interest received on Temporary Transfers to other Accounts £15,618 14 5 Totals ... .. .. .. .. .. .. £16,534 3 2 a ■

51

B.—l [PT. I

PUBLIC ACCOUNTS, 1928-19 2 9

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928 —continued.

B—B. 1 [PT. I].

CONSTRUCTION FUND. 1927-1928. EXPENDITURE 1928-1929. Gross. Gross. £ s. cl. Annual Appropriation,— £ a. d. £ s. d. 608,810 10 2 Vote—Main Highways .. .. .. .. .. .. .. .. 970,609 19 11 Balance at end of Year,— 68,746 11 8 Cash in the Public Account .. .. .. .. .. .. 1,330 19 1 Imprests outstanding — 3,824 2 10 In the Dominion .. .. .. .. .. .. .. 6,758 12 10 In London .. .. .. .. .. .. .. .. 0 12 1 Investment Account— Securities held .. .. .. .. .. .. 1 8,090 4 0* 72,570 17 6 £681,381 7 8 Totals .. .. .. .. .. .. .. £978,700 3 11 * For explanatory statement see page 73. ACCOUNT. £ s. d. £ s. d- £ s. d. Mining Act, 1926, Section 383 (6) (b), — 102 16 11 Advances for the development of mining .. .. .. .. .. .. 104 1 11 Public Revenues Act, 1926, Section 139, — 900 0 0 Interest recouped to the Consolidated Fund .. .. .. .. .. 1,880 0 0 Balance at end of Year, — 7,615 17 6 Cash in the Public Account .. .. .. .. .. .. 14,550 1 3 Investment Account— 7,000 0 0 Securities held 14,550 1 3* 14,615 17 6 £15,618 14 5 Totals .. .. .. .. .. .. •• £16,534 3 2 * For explanatory statement see pafee 73.

B.—l [PT. I

52

PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS AND EXPENDITURE of SEPARATE ACCOUNTS for the

NATIONAL ENDOWMENT 1927-1928. RECEIPTS. 1928-1929. £ 5. d. Balance at beginning of Year, — £ s. d. £ s. d. 43,212 1 10 Cash in the Public Account .. .. .. .. .. .. 26,989 6 8 Investment Account — £ s. d. 86,100 0 0 Securities held .. .. .. .. .. 98,630 0 0 Temporary transfers under Section 40, Public Revenues Act, 1920 10,000 0 0 : 108,630 0 0 129,312 1 10 135,619 6 8 124,524 1 8 Rents, &c., from National Endowment Lands.. .. .. .. .. 125,032 4 5 Land Act, 1924, Section 302 (9), — 2,148 9 4 Interest on Sales of Land .. .. .. .. .. .. .. 2,532 9 1 Amount transferred from State Forests Account in terms of Section 39 (2) of the 13,884 15 9 Forests Act, 1921-22 .. .. .. .. .. .. .. .. 7,463 13 9 3,377 13 3 Interest on Investments .. .. .. .. .. .. .. .. 2,817 16 5 1,076 4 9 Interest on Investments : National Endowment Trust Account .. .. .. i 1,354 4 10 Public Revenues Act, 1926, Section 40, — 136 11 0 Interest received on Temporary Transfers to other Accounts .. .. .. 193 19 5 Temporary Transfers to other Accounts— 4,000 0 0 Adjustment consequent on Finance Act, 1927 (No. 2), Section 16 193 19 5 4,136 11 0 £278,459 17 7 Totals .. .. .. .. .. .. .. £275,013 14 7 — . NATIONAL ENDOWMENT £ s. d. Balance at beginning of Year — j £ s. d. £ s. d. 5,448 13 8 Cash in the Public Account .. .. .. .. .. .. 944 6 10 Investment Account — 19,690 0 0 Securities held .. .. .. .. .. .. .. j 32,290 0 0 33,234 6 10 25,138 13 8 Land Act, 1924, Section 302 (10), — 8,551 14 9 Sales of Land .. .. .. .. .. .. 6,805 4 9 Land Laws Amendment Act, 1920, Section 11 (9), — 10 4 7 Interest on Sales .. .. .. .. . . .. .. j ., Dr. 10 4 7 £33,700 13 0 Totals .. .. .. .. .. . . .. £40,029 7 0 NATIVE LAND £ . s. d. Balance at beginning of Year, — £ s. d. £ s. d. 21,895 9 2 Cash in the Public Account .. .. .. .. .. .. 8,086 8 9 Imprests outstanding— 2 0 0 In the Dominion ' .. .. .. .. .. .. .. 232 19 9 Investment Account— 92,500 0 0 Securities held .. .. .. .. .. .. .. 64.000 0 0 : 72,319 8 6 114,397 9 2 Credits- in- Aid, — 98 19 9 Vote —Native Land Purchase Expenses .. .. .. .. .. .. 17 17 0 Credits in reduction of Expenditure under Section 417, Native Land Act, 1909, — 54 16 1 Subsection (a), Acquisition of Native Lands—Native Department .. .. 15 0 10 199 4 9 Subsection (6), Survey of Native Lands .. .. .. .. .. 263 0 6 185 6 7 Subsection (e), Roads, Bridges, and preparing Native Lands for settlement .. 1,229 5 9 30 19 0 Subsection (/), Improving, developing, and protecting Native Lands .. .. 0 10 10 . ' 1,507 17 11 470 6 5 114,966 15 4 Carried forward .. .. .. .. .. .. 73,845 3 5

B. —1 [PT. I

53

PUBLIC ACCOUNTS, 1928-1929.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928 —continued.

ACCOUNT. 1927-1928. EXPENDITURE. 1928 - 1929 - Gross. Gross. £ s. d. Land Act, 1924, Section 297 (a), and New Zealand University Amendment Act, £ s. d. £ s. d. 1914, Section 32, — 12,931 4 0 Payment to Universities of portion of National Endowment residue .. .. 13,561 IS 8 Land Act, 1924, Section 297 (b), — 77,587 5 3 Transfer to Vote Education of portion of National Endowment residue .. 81,371 12 0 Land Act, ] 924, Section 298, —- 38,793 12 7 Portion of National Endowment residue applied for payment of Old-age Pensions 40,685 16 0 135,619 6 8 Land Act, 1924, Section 295 (2), — 6,865 10 3 Administration Expenses.. .. .. .. .. .. .. .. 6,419 6 6 Land Act, 1924, Section 83 (3), — 3 8 0 Value of Improvements added to Capital Value of Land Land Act, 1924, Sections 139, 295, and 357, — 6,659 10 10 " Halves," " Thirds," and " Fourths " paid over to Local Bodies' Deposit Accounts .. 7,007 11 6 Deteriorated Lands Act, 1925, Section 6, — Kefunds of Rents arising out of the operation of the Section .. .. .. .. 1,081116 Balance at end of Year, — 26,989 6 8 Cash in the Public Account .. .. .. .. .. .. 50,835 18 5 Investment Account— £ s. d. 98,630 0 0 Securities held .. .. .. .. .. 74,050 0 0 Temporary transfers under Section 40, Public Revenues Act, 10,000 0 0 1926 74,050 0 0 135,619 6 8 124,885 18 5* £278,459 17 7 Totals .. .. .. .. .. .. .. £275,013 14 7 * For explanatory statement see page 73. TRUST ACCOUNT. £ s. d. Expenditure under Section 49 (2 and 3) of the Land for Settlements Act, 1925, — £ s. d. £ s. d. Amount transferred in respect of settlement lands converted into National En303 1 9 dowment land .. .. .. .. .. .. .. 1,250 16 6 Land Act, 1924, Section 139, — 163 4 5 " Thirds " and " Fourths " paid over to Local Bodies' Deposit Accounts .. .. 50 7 11 Balance at end of Year, — 944 6 10 Cash in the Public Account .. .. .. .. .. .. 2,43827 Investment Account— 32,290 0 0 Securities held .. .. .. .. .. .. .. 36,290 0 0 38,728 2 7* 33,234 6 10 £33,700 13 0 Totals .. .. .. .. .. .. .. £40,029 7 0^ * For explanatory statement see page 73. SETTLEMENT ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 3,966 10 8 I Vote —Native Land Purchase Expenses .. .. .. .. .. .. 6,481 0 11 Expenditure under Section 417 of the Native Land Act, 1909,— Subsection (a), Acquisition of Native Lands — 107 5 4 Lands Department .. .. .. .. .. .. .. 38 5 0 33,269 6 9 Native Department .. .. .. .. .. .. .. 42,684 13 5 15,743 14 9 Subsection (6), Survey of Native Lands .. .. .. ... .. 11,347 1 9 67,247 2 2 Subsection (e), Roads, Bridges, and preparing Native Lands for settlement .. 95,009 19 4 1,430 13 0 Subsection (f), Improving, developing, and protecting Native Lands .. .. 962 19 10 I J S r 6 — 150,042 19 4 117,798 2 0 Urewera Lands Act, 1921-22, Section 10, — 1,466 3 4 Interest on Debentures .. .. .. . . .. .. .. • • 1 > 466 3 4 Land Act, 1924, Section 21, —• 3,094 18 2 Expenses of administration recouped to the Consolidated Fund .. .. •• 2,834 11 3 126,325 14 2 Carried forward .. .. .. .. .. •• 160,824 14 10

B.—l [PT. I]

54

PUBLIC ACCOUNTS, 1 928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. 1928-1929. £ s. d. £ s. d. £ s. d. 114,966 15 4 Brought forward .. .. .. .. .. .. 73,845 3 5 0 10 10 Recoveries on account of Expenditure of previous years 7,625 14 11 Amount received in respect of Survey Liens .. .. .. .. .. .. 6,667 7 8 43,740 13 11 Rents, &c. .. .. .. .. .. .. .. .. .. 52,753 16 5 30,889 2 7 Land-sales .. .. .. .. .. .. .. .. .. 31,609 7 4 7,135 0 11 Interest on Sales of Land .. .. .. .. .. .. .. .. 11,589 2 1 1,483 5 1 Interest on Survey Liens .. .. .. .. .. .. .. ! .. 1,544 6 6 Repayments by Maori Land Boards of Advances under Section 274 of the Native Land Act, 1909, —- 329 8 4 Principal .. .. .. .. .. .. .. .. 272 4 9 450 15 0 ' Interest .. .. .. .. .. .. .. .. 382 1 11 654 6 8 780 3 4 Repayments by Maori Land Boards, Section 274, Native Land Act, 1909, and Section 16, Native Land Amendment and Native Land Claims Adjustment Act, 1923,— Subsection (5), — 146 14 11 Interest 77 18 1 Principal 224 13 0 4,816 .9 4 Interest on Investments .. .. .. .. .. .. .. .. 2,407 8 9 New Zealand Loans Act, 1908, — Native Land Amendment Act, 1913 — Debentures issued .. .. .. .. .. .. .. .. 218,600 0 0 £211,662 9 3 Totals .. .. .. .. .. .. £399,670 18 10

B—l. [PT. I].

55

PUBLIC ACCOUNTS, 1928-1929

NATIVE LAND SETTLEMENT ACCOUNT—continued.

1927-1928. |Q9H_(Q9Q Gross. Gross. £ s. d. | £ 3. d. £ s. (1. 126,325 14 2 Brought forward .. .. .. .. .. .. 160,824 14 10 Land Laws Amendment Act, 1927, Section 17 (5) (a), — Payment to Land for Settlements Account in respect of Money expended by that Account in opening up for settlement land purchased by Native Land Settlement Account .. .. .. .. .. .. .. .. 218,628 19 2 Land Laws Amendment Act, 1927, Section 20, — Discharged Soldiers Settlement Amendment Act, 1923, Section 20 (4) — Amounts recouped to the Discharged Soldiers Settlement Account in respect 5,889 10 6 of Amount added to Capital Value of Land .. .. .. .. .. i 1,340 0 0 Land Act, 1924, Section 139, — 4,444 18 9 " Thirds " and " Fourths " paid over to Local Bodies' Deposit Accounts .. .. 5,296 2 1 . ; ' . Native Land Amendment and Native Land Claims Adjustment Act, 1928, Section 26— Payment to Mangapu Drainage Board .. ■ .. .. .. .. .. 210 0 0 Expenditure under Section 49 (2 and 3), Land for Settlements Act, 1925, — Amount transferred in respect of Settlement Land converted into ordinary Crown 808 0 0 Land Finance Act, 1926, Section 23 (4),— Recoupment of Stamp Duty on transfers of New Zealand Consolidated Stock, 1935/45— 85 18 5 Native Land Amendment Act, 1913 .. .. .. .. .. 47 11 11 Recoupment of Stamp Duty on transfers of New Zealand Consolidated Stock, 1944— 54 7 6 Native Land Amendment Act, 1913 .. .. .. .. .. 57 17 7 105 9 6 140 5 11 New Zealand Loans Act, 1908, Section 26, — 434 11 5 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 108 16 1 Deteriorated Lands Act, 1925, — Refunds arising from operation of Section 6 — Rents from leases .. .. .. .. .. .. .. .. 118 i 1 11 , Amortization of Debt, — Debentures redeemed at Maturity—New Zealand Loans Act, 1908 — Finance Act, 1927, Section 6— 1,300 0 0 Native Land Amendment Act, 1913 (due 1st October, 1927) Charges and Expenses of raising Loans,— New Zealand Loans Act, 1908— Native Land Amendment Act, 1913 (Renewals) .. .. .. .. 12 C 6 Balance at end of Year, —• 8,086 8 9 .Cash in the Public Account .. .. .. .. .. .. 2,991 5 10 Imprests outstanding-—■ 232 19 9 In the Dominion .. .. .. .. .. .. ■■ 34 18 11 Investment Account — 64,000 0 0 Securities held .. .. .. .. .. .. .. 10,000 0 0 13,026 4 9* 72,319 8 6 £211,662 9 3 Totals .. .. .. .. .. .. .. £399,670 18 10 * For explanatory statement see page 73 .

B.—l [PT. I]

PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

56

PUBLIC DEBT 1927-1928. ! RECEIPTS. 1928-1929. _| | £ s. d. J Balance at beginning of Year, — £ s. d. £ s. d. ■1,394 12 10 Caah in the Public Account .. .. .. .. .. .. .. 187 II 10 | Prepayment of the Public Debt Act, 1925, Section 11, — Transfers from the Consolidated Fund— Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 919,727 4 10 outstanding at 31st March, 1928 .. .. .. .. .. 944,454 7 6 Subsection (6), being 3| per cent, of the amount of the Public Debt redeemed 64,111 6 10 to 31st March, 1928 .. .. .. .. .. .. 99,104 14 7 Subsection (b), being 3J per cent, of the amount of the Public Debt cancelled 9,923 17 4 during the year, computed from the dates of Redemption .. .. 3,368 12 (5 1 1,046,927 14 7 993,764 9 0 ' I 216 6 2 Interest on Investments .. .. .. .. .. .. .. I .. I 81 9 5 I £998,375 8 0 Totals .. .. .. .. .. .. .. £1,047,196 15 10 RAILWAYS IMPROVEMENT £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 27,176 9 4 Cash in the Public Account .. .. .. .. .. .. 90,966 18 8 Imprests outstanding— 228 1 5 In the Dominion .. .. .. .. .. .. .. 1,731 5 11 In London .. .. .. .. .. .. .. .. 9,821 3 9 Investment Account — 375,250 0 0 Securities held .. .. .. .. .. .. .. 574,250 0 0 676,769 8 4 402,654 10 9 Credits in reduction of Expenditure under Section 5 of the Railways Improvement Authorization Act, 1914, — 3,452 14 3 Duplications 20,857 9 6 New line: Auckland-Westfield .. .. .. .. .. .. 17,969 9 9 775 3 6 New stations, station-yards, and terminal facilities .. .. .. .. 17,772 0 5 Bridge-strengthening .. .. .. .. .. .. .. 59 16 5 35,801 6 7 25,085 7 3 Credits in reduction of Expenditure under Section 7 of the Finance Act, 1924, — 2,093 3 0 Paeroa railway-station rearrangement .. .. .. .. .. 2,15848 304 17 0 Tawa Flat deviation .. .. .. .. .. .. .. 2,952 3 8 0 15 0 Pelichet Bay railway deviation .. .. .. .. .. .. 519 11 '6 34,078 13 6 Hutt Valley railway .. .. .. .. .. .. .. 8,956 2 4 153 11 7 Palmerston North railway deviation .. .. .. .. .. 1,027 7 11 5,419 14 2 Elimination of level crossings .. .. .. .. .. .. 22 15 3 15,636 5 4 42,050 14 3 469,790 12 3 Carried forward .. .. .. .. .. .. 728,207 0 3

B.—l [PT. 1

57

PUBLIC ACCOUNTS, 192 8-1 929.

Year ended 31st March, 1929, compared with the year ended 31st March, 1928—continued.

REPAYMENT ACCOUNT. 1927-1928. ■ 1928-1929. Gross. J EXPENDITURE. Gross _ . £ s. d. Securities redeemed and cancelled in terms of Section 13 of the Repayment of the £ s. d. £ s. d. 998,187 16 2 j Public Debt Act, 1925, — Nominal value. — New Zealand Loans Act, 1908— £ s. d. New Zealand 4-per-cent. Consolidated Stock, 1929 .. 502,500 0 0 498,370 18 8 Land Laws Amendment Act, 1913 .. .. .. 196,000 0 0 190,000 0 0 War Purposes Loan Act, 1917 .. .. .. .. 347,500 0 0 347,500 0 0 j 1,041,870 18 8 £1,046,000 0 0 Balance at end of Year, — 187 11 10 Cash in the Public Account .. .. .. .. .. .. .. 5,325 17 2 I ) 1 £998,375 8 0 Totals .. .. .. .. .. ... .. £1,047,196 15 10 AUTHORIZATION ACT 1914 ACCOUNT. £ s. d. Expenditure under Section 5 of the Railways Improvement Authorization Act, 1914, — £ s. d. £ s. d. 167,277 16 11 New stations, station-yards, and terminal facilities .. .. .. .. 236,644 13 6 8,634 4 8 Duplications .. .. .. .. .. .. .. .. 28,680 10 3 1,217 9 3 Grade easements .. .. .. .. .. .. .. 3,113 11 0 5,628 3 1 New engine-depot and approach-lines at Auckland .. .. .. .. 27,614 1 2 185,100 2 4 New line, Auckland to Westfield .. .. .. .. .. .. 125,951 19 11 7,930 1 5 Bridge-strengthening .. .. .. .. .. .. .. 5,725 10 2 427,730 6 0 375,787 17 8 Expenditure under Section 7 of the Finance Act, 1924, — 963 10 9 Paeroa railway-station rearrangement .. .. .. .. .. 3 8 3 54,411 0 2 Palmerston North railway deviation .. .. .. .. .. 128,022 12 4 54,527 10 3 Tawa Plat railway deviation .. .. .. .. .. .. 275,551 1!) 9 11,999 10 7 Pelichet Bay railway deviation .. .. .. - - • • • ■ ■ 755 9 6 53,137 3 8 Hutt Valley railway .. .. .. .. .. .. .. 24,049 19 0 9,810 12 3 Elimination of level-crossings .. .. .. .. .. .. 7,004 2 1 —— 435,387 10 11 184,849 7 8 560,637 5 4 Carried forward .. .. .. .. .. .. 863,117 16 11

B.—l [Pt. Ij

58

PUBLIC ACCOUNTS, 192 8-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

RAILWAYS IMPROVEMENT 1927-1928. RECEIPTS. 1928-1929. | | £ s. d. £ s. d. | £ s. d. 469,790 12 3 Brought forward .. .. .. .. .. .. 728,207 0 3 Credits in reduction of Expenditure under Section 10 of the Finance Act, 1925, — 360 0 0 Electric lighting of stations 3,695 17 8 Rearrangement of or alterations and additions to stations .. .. .. 2,191 18 5 4,050 1 11 Telephones, telegraphs, and signalling, interlocking and safety appliances .. 1,349 ]7 1 14,212 0 1 New Workshops at Otahuhu and Petone, &c. .. .. .. .. 108 1 10 4,655 12 0 Marshalling-yards for Christchurch at Middleton .. .. .. .. 172 15 3 Deviation and Duplication of Railway—Ravensbourne-Burke's .. .. 2 0 0 — 3,824 12 7 26,973 11 8 Credits in reduction of Expenditure under Section 3 of the Finance Act, 1926, — J Electrification of line from Lyttelton to Middleton .. .. .. .. .. 15 14 3 New Zealand Loans Act, 1908,— New Zealand Consolidated Stock, 1946— Railways Improvement Authorization Act, 1914, and Finance Act, 1926, Section 3 — Stock issued in respect of £1,600,000 authorized (Part of £6,000,000 5-per-cent. 1,600,000 0 0 Stock Loan, 1927) .. 12 19 6 Interest on overdue Instalments Stock issued to cover Charges and Expenses of raising £1,600,000 autho44,466 10 3 rized (Part of £6,000,000 5-per-cent. Stock Loan, 1927).. 778 3 3 Premium New Zealand Consolidated Stock, 1947 — Railways Improvement Authorization Act, 1914, and Finance Act, 1927 (No. 2), Section 3 — Stock issued in respect of £1,000,000 authorized (Part of £5,000,000 4J-per-cent. Stock Loan, 1928) .. .. .. .. .. 1,000,000 0 0 Interest on overdue instalments .. .. .. .. -. 724 Stock issued in respect of amount required to cover Charges and Expenses of raising £1,000,000 authorized (Part of £5.000,000 4|-per-cent. Stock Loan, 1928) .. .. .. .. .. .. .. 81,909 7 2 New Zealand Consolidated Stock, 1948-58— Railways Improvement Authorization Act, 1914, and Finance Act, 1927 (No. 2), Section 3 — Stock issued in respect of £1,500,000 authorized (Part of £7,000,000 4J-per-cent. Stock Loan, 1929) .. .. .. .. .. 1,062,578 11 5 Railways Improvement Authorization Act, 1914, and Finance Act, 1926, Section 3 — Debentures issued .. .. .. .. .. .. .. 335,000 0 0 New Zealand Inscribed Stock Act, 1917— Railways Improvement Authorization Act, 1914, and Finance Act, 1926, Section 3— 50,000 0 0 Inscribed Stock issued .. .. .. .. .. .. .. 2,479,495 0 11 1,695,257 13 0 £2,192,021 16 11 Totals .. .. .. .. .. .. £3,211,542 8 0 RANGITAIKI LAND . £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 4,839 4 4 Cash in the Public Account .. .. .. .. .. .. 3,807 13 0 Investment Account— 10.000 0 0 Securities held .. .. .. .. .. .. .. 2,000 0 0 , 5,807 13 0 14,839 4 4 Credits in reduction of Expenditure under Section 7 of the Rangitaiki Land Drainage Act, 1910, — 1,343 17 4 Administration Expenses, and Construction and Carrying-on of Works .. .. 4,227 3 8 * Receipts under the Rangitaiki Land Drainage Act, 1910, —• 9,875 8 10 Sections 6 and 7, Rate Account .. .. .. .. .. .. 3,976 7 6 10 4 8 Section 9, " Thirds " .. .. .. .. .. .. .. 15 15 4 115 14 10 Miscellaneous Receipts .. .. .. .. .. .. .. 137 7 6 4,129 10 • 4 10.001 8 4 Subsidy from Consolidated Fund on Maintenance of Completed Works .. .. .. 1,750 0 0 574 2 8 Interest on Investments .. .. .. .. .. .. .. .. 319 3 1 New Zealand Loans Act, 1908, — Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1924, Section 5— Debentures issued .. .. .. .. .. .. .. .. 8,000 0 0 Public Revenues Act, 1926, Section 40, —■ Temporary Transfers from other Accounts .. .. .. .. .. .. 13,000 0 0 £26,758 12 8 Totals .. .. .. .. .. .. .. £37,233 10 1

59

B.—l [PT. I].

PUBLIC ACCOUNTS, 19 2 8-1929

Year ended 31st March, 1929, compared with the year ended 31st March, 1928 —continued.

9—B. 1 [PT. I].

AUTHORIZATION ACT 1914 ACCOUNT—continued. 1927-1928. EXPENDITURE. 1928-1929. Gross. Gross. £ s. d. » £ s. d. £ s. d. 560,637 5 4 Brought forward .. .. .. .. .. .. 863,117 16 11 Expenditure under Section 10 of the Finance Act, 1925, — 23,225 6 0 .Rearrangement of or alterations and additions to stations .. .. .. 5,826 7 4 10,707 7 4 Deviation and duplication of Railway: Ravensbourne-Burfce's .. .. 11,045 18 4 37,021 4 11 New Depot for locomotives at Elmer Lane .. .. .. .. .. 18,014 11 10 13,360 17 8 Electric lighting of stations .. .. .. .. .. .. 12,141 3 3 43,564 14 1 Marshalling-ya.rds for Christchurch at Middleton .. .. .. .. 2,746 14 9 58,692 6 5 Telephones, telegraphs, and signalling, interlocking and safety appliances .. 36,984 17 0 26,600 7 6 Workshops and equipment of locomotive branch .. .. .. .. 9,459 14 4 New workshops at Otahuhu and Petone, and alterations and additions to 687,847 3 11 workshops at Addington and Hillside .. .. .. .. .. 904,018 10 0 3,187 12 9 Miscellaneous works —Auckland to Morningside deviation .. .. .. 14 8 6 — 1,000,252 5 4 904,207 0 7 4,900 8 6 Expenditure under Section 3 of the Finance Act, 1926, — Electrification of line from Lyttelton to Middleton .. .. .. .. .. 91,440 4 8 Charges and Expenses of raising Loans, —• New Zealand Loans Act, 1908 — j 45,507 14 2 Railways Improvement Authorization Act, 1914, and Finance Act, 1926, Section 3 Railways Improvement Authorization Act, 1914, and Finance Act, 1927 (No. 2), Section 3 .. .. .. .. .. .. .. .. 81,916 9 6 — 81,916 9 6 45,507 14 2 Balance at end of Year,— 90,966 18 8 Cash in the Public Account .. .. .. .. .. .. 1,119,538 4 6 Imprests outstanding— 1,731 5 11 In the Dominion .. .. .. .. .. .. .. 1,834 18 1 9,821 3 9 In London .. .. .. ... .. .. .. .. 2,742 9 0 Investment Account— 574,250 0 0 Securities held .. .. .. .. .. .. .. 50,700 0 0 1,174,815 11 7* 676,769 8 4 £2,192,02116 11 Totals .. .. .. .. .. .. .. £3,211,542 8 0 * For explanatory statement see page 73. DRAINAGE ACCOUNT. £ s. d. Expenditure under Section 7 of the Rangitaiki Land Drainage Act, 1910, — £ s. d. £ s. d. 15,270 12 8 Administration Expenses, and Construction and Carrying-on of Works .. .. .. 17,854 1 7 Expenditure under Section 8 (2) of the Rangitaiki Land Drainage Act, 1910, — 2 7 10 Acquisition of Land for Drainage Works .. .. .. .. .. .. 1,506 0 0 Finance Act, 1925, Section 22 (1), — Refund of Rates .. .. .. •• .. .. .. 967 Appropriation Act, 1924, Section 14 (2) (b), — Finance Act, 1927 (No. 2), Section 11— 667 19 2 Refund of Rates .. .. .. .. .. .. .. .. 402 12 0 Public Revenues Act, 1926, Section 139, —- 5,010 0 0 Interest recouped to the Consolidated Fund .. .. .. .. .. 3,050 0 0 Public Revenues Act, 1926, Section 40, — Temporary transfers from other Accounts repaid .. .. .. .. .. 8,000 0 0 Balance at end of Year, — 3,807 13 0 Cash in the Public Account .. .. .. .. .. .. 6,411 9 11 Investment Account — 2,000 0 0 Securities held .. .. •• •• .. .. .. •• 6,411 9 11* 5,807 13 0 £26,758 12 8 Totals .. .. .. .. .. .. .. £37,233 10 1 * For explanatory statement see page 73.

B.—l. TPT. I

60

PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the

REMITTANCES FROM 1927-1928. RECEIPTS. 1928-1929. I £ s. d. Amounts paid to Public Account, Wellington, being Amounts remitted from New £ s. d. £ s. d. 2,888,000 0 0 Zealand Public Account, London .. .. .. .. .. .. .. 450,000 0 0 £2,888,000 0 0 Totals .. .. .. .. .. .. .. £450,000 0 0 REMITTANCES TO j i 71 i £ s. d. Amounts paid to New Zealand Public Account, London, being Amounts remitted £ s. d. £ s. d. 3,700,000 0 0 from Public Account, Wellington .. .. .. .. .. .. .. j 4,625,000 0 0 £3,700,000 0 0 Totals .. .. .. .. .. .. .. £4,025,000 0 0 RESERVE FUND £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. Investment Account — 2,000,000 0 0 Securities held .. .. .. .. .. .. .. .. 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 Act, 1925, Section 4 (Samoan Loan) — 1,000 0 0 Debentures issued Finance Act, 1926, Section 4— Amounts transferred for Investment by way of Loan to the Samoan Treasury— From Public Works Fund, GJeneral Purposos Account .. .. .. 2,000 0 0 20,200 0 0 From Cheviot Estate Account .. From Discharged Soldiers Settlement Loans Act, 1920, Depreciation Fund 8,000 0 0 Account .. .. .. .. .. .. .. .. 11,000 0 0 —— — 13,000 0 0 28,200 0 0 Samoa Act, 1921, Section 33, and Finance Act, 1921-22, Section 26 — Amount received from Samoan Treasury, being part repayment of Loan .. .. 8,000 0 0 £29,200 0 0 Totals .. .. .. .. .. ..I .. £21,000 0 0 i i STATE ADVANCES £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. Cash in the Public Account— £ s. d. 2,241 5 0 Advances to Settlers Branch Advances to Workers Branch .. .. .. .. 128 16 6 Rural Advances Branch .. .. .. .. 283 10 0 Investment Account—■ 412 6 6 Securities held— 140 0 0 Advances to Settlers Branch .. 412 6 6 2,381 5 0 New Zealand Loans Act, 1908, — State Advances Act, 1913 —- Advances to Settlers Branch —■ Debentures issued .. .. .. .. .. .. .. 897,030 0 0 New Zealand Inscribed Stock Act, 1917 — Inscribed Stock issued .. .. .. .. .. .. 440,880 0 0 Advances to Workers Branch— 114,200 0 0 Debentures issued .. .. .. .. .. .. .. 767,740 0 0 New Zealand Inscribed Stock Act, 1917—■ 774,500 0 0 Inscribed Stock issued .. .. .. .. .. 728,560 0 0 1,300 0 0 Inscribed Stock (Death Duty) issued .. .. .. .. 3,700 0 0 Local Authorities Branch—Debentures issued .. .. .. .. .. ., .. 230,000 0 0 m 3,067,910 0 0 890,000 0 0 892,381 5 0 Carried forward .. .. .. .. .. .. 3,068,322 6 6

B.—l HPT. I

61

PUBLIC ACCOUNTS, 1928- 1 929,

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

LONDON ACCOUNT. 1927-1928. 19528-1929. Gross. EXPENDITURE. £ s. d. Amounts withdrawn from New Zealand Public Account, London, for remittance £ s. d. £ s. d. 2,888,000 0 0 I to Public Account, Wellington .. .. .. .. .. .. .. 450,000 0 0 ■ • 1 £2,888,000 0 0 j Totals .. .. .. .. .. .. .. £450,000 0 0 LONDON ACCOUNT. £ s. d. \ Amounts withdrawn from Public Account, Wellington, for remittances to New £ s. d. £ s. d. 3,700,000 0 0 '• Zealand Public Account, London .. .. .. .. .. .. .. 4,625,000 0 0 £3,700,000 0 0 '' Totals .. .. .. .. .. .. .. £4,625,000 0 0 ACCOUNT. £ s. d. Balance at end of Year, — £ s. d. £ s. d. Investment Account—• 2,000,000 0 0 Securities held .. .. .. .. .. .. .. •• 2,000,000 0Jf 0* £2,000,000 0 0 Totals .. .. .. .. .. .. .. £2,000,000 0 0 * For explanatory statement see page 78. SUSPENSE ACCOUNT. £ s. d. Samoa Act, 1921, Section 33, and Finance Act, 1925, Section 4, — £ s. d. £ s. d. 1,000 0 0 Amount advanced to Samoan Treasury .. .. .. .. .. .. . • Samoa Act, 1921, Section 33, and Finance Act, 1926, Section 4, — 28,200 0 0 Amount advanced to Samoan Treasury .. .. .. .. .. .. 13,000 0 0 Public Revenues Act, 1926, Section 135 (4), —■ Amount received from Samoan Treasury in repayment of loan to Samoa transferred to Loans Redemption Account for redemption of loan raised by New Zealand Government under the Finance Act, 1921-22, Section 26 .. . . .. 8,000 0 0 £29,200 0 0 Totals .. .. .. .. .. .. .. £21,000 0 0 LOAN ACCOUNT. £ s. d. Amounts paid over to the State Advances Office on account of Loans raised, — £ s. d. £ s. d. 2,378 17 6 Advances to Settlers Branch .. .. .. .. .. .. 359,000 0 0 888,740 6 9 Advances to Workers Branch .. .. .. .. .. .. 1,300,000 0 0 Local Authorities Branch .. .. .. .. . • • • 230,000 0 0 1,889,000 0 0 891,119 4 3 Amounts paid over to State Advances Office on account of Loans raised, — Rural Advances Branch — 514,810 0 0 Rural Advances Act, 1926 .. .. -. .. •• •• 988,563 5 0 New Zealand Loans Act, 1908, — Charges and Expenses of raising Loans — State Advances Act, 1913 —• 78 6 0 Advances to Settlers Branch .. .. .. .. .. •• 162 17 0 Advances to Settlers Branch (redemptions) .. .. .. • ■ 107 19 0 1,254 12 0 Advances to Workers Branch .. • .. .. •• 1,536 13 6 865 9 7 Advances to Workers Branch (redemptions) .. .. .. .. 113 11 6 2,198 7 7 Rural Advances Act, 1926, — Exchange on interest on Script Certificate .. .. .. • • • • • • 7 9 Finance Act, 1928, Section 11, — Charges and Expenses of raising LoansRural Advances Act, 1926 .. .. •. •• •• ' 1.408,127 11 10 Carried forward .. .. .. •• •• •• 2,882,719 4 9

B.—l [PT. I

62

PUBLIC ACCOUNTS, 1928-192 9

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS fo r the

STATE ADVANCES 1927-1928. RECEIPTS. 1928-1929. £ s. d. £ s. d. £ s. d. 892,381 5 0 Brought forward .. .. .. .. .. .. 3,068,322 6 6 Amounts received from the State Advances Office to cover Charges and Expenses of raising Loans, — State Advances Act, 1913 — 75 18 6 Advances to Settlers Branch .. .. .. .. .. .. 250 1(5 0 989 4 10 Advances to Workers Branch .. .. .. .. .. .. 1,651 13 0 Rural Advances Act, 1926 .. .. .. .. .. .. 3,254 18 9 — — 5,157 7 9 1,065 3 4 Rural Advances Act, 1926, — 515,093 10 0 Proceeds of Bonds issued (nominal value £548,550) .. .. .. .. 518,614 15 0 Proceeds of Scrip Certificate issued (nominal value £500,000) .. .. .. 472,500 0 0 991,114 15 0 Adjustment of Entries incorrectly shown in 1927-28 Accounts — Proceeds of Scrip Certificate issued (nominal value, £380,000) .. .. .. 359,100 0 0 £1,408,539 18 4 Totals .. .. .. .. .. .. .. £4,423,694 9 3 STATE COAL- £ s. d. Balance at beginning of Year, —• £ s. d. £ s. d. 9,404 4 4 Cash in the Public Account .. .. .. .. .. .. 22,097 16 8 Investment Account — 24,300 0 0 Securities held .. .. .. .. .. .. .. 14,300 0 0 — 36,397 16 8 33,704 4 4 Credits-in-aid, — 1,732 3 11 Vote —State Coal-mines .. .. .. .. .. .. .. .. 2,299 6 11 595 8 8 Recoveries on account of Expenditure of previous Years .. .. .. .. 746 12 6 316,255 7 8 Rents, Royalties, Sale of Coal, Coke, Wood, &c. .. .. .. .. .. 293.105 12 11 Housing Loans, — 375 6 0 Repayments of Principal and Interest .. .. .. .. .. .. (S51 12 9 Public Revenues Act, 1926, Section 40, — 209 6 4 Interest received on Temporary Transfers to other Accounts 1,342 15 8 Interest on Investments .. .. .. .. .. .. .. .. 1,539 8 11 £354,214 12 7 Totals .. .. .. .. .. ... .. £334,739 10 8 STATE COAL-MINES £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 4,565 6 10 Cash in the Public Account .. .. .. .. .. .. 5,313 7 4 Investment Account — 50,540 0 0 Securities held .. .. .. .. .. .. .. 57,025 0 0 62,338 7 4 55,105 6 10 Coal-mines Act, 1925, Section 185, — 4,552 0 5 Transfer from State Coal-mines Account Finance Act, 1928, Section 22, — Transfer from State Coal-mines Account — Subsection (1) —2 per cent, of amount of Loans raised to 31st March, 1929, less amount redeemed otherwise than from the Sinking Fund .. .. 4,552 0 5 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund during the current Year .. .. .. .. .. .. .. 21 7 5 4,573 7 10 2,681 0 1 Interest on Investments .. .. .. .. .. .. .. .. 2.942 9 5 62,338 7 4 Totals .. .. .. .. .. .. .. £69,854 4 7

B.—l IPT. 11.

63

PUBLIC ACCOUNTS, 1928-1929.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

LOAN ACCOUNT—continued. 1927-1928. 1928-1929. Gross. EXPENDITURE. I £ s. d. £ s. d. £ s. d. 1,408,127 11 10 Brought forward .. .. .. .. .. .. 2,882,719 4 9 Rural Advances Act, 1926, — Proceeds of Bonds issued —■ Adjustment of amounts erroneously credited in 1927-28 Accounts .. .. .. 359,100 0 0 Balance at end of Year, — Cash in the Public Account— Advances to Settlers Branch .. .. .. .. .. .. 978,890 0 0 128 16 6 Advances to Workers Branch .. .. .. .. .. .. 200,130 4 6 283 10 0 Rural Advances Branch .. .. ., .. .. .. 2,855 0 0 _ 1.181,875 4 0 412 6 6 £1,408,539 18 4 Totals .. .. .. .. .. .. .. £4,423,694 9 3 MINES ACCOUNT. £ a. d. Annual Appropriation,— £ s. d. £ s. d. 304,131 11 5 Vote —State Coal-mines .. .. .. .. .. .. .. .. 282,584 5 2 Public Revenues Act, 1926, Section 139, - 9,101 19 2 Interest recouped to the Consolidated Fund .. .. .. .. .. 9,101 19 2 N.Z. Loans Act, 1908, Section 26, — 31 4 11 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 7 17 3 Amortization of Debt, — Coal-mines Act, 1925, Section 185 — 4,552 0 5 Transfer to State Coal-mines Sinking Fund Account Finance Act, 1928, Section 22 —■ Transfer to State Coal-mines Sinking Fund Account— Subsection (1) —2 per cent, of Amount of Loans raised to 31st March, 1929, less amount redeemed otherwise than from the Sinking Fund .. .. 4,552 0 5 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund during the current Year .. .. .. .. .. .. .. 21 7 5 4,573 7 10 Balance at end of Year, — 22,097 16 8 Cash in the Public Account .. .. .. .. .. 5,671 16 6 Imprests outstanding— In London .. .. .. .. .. .. .. .. 049 Investment Account — 14,300 0 0 Securities held .. .. .. .. .. .. .. 32,800 0 0 : 38,472 1 3* 36,397 16 8 £354,214 12 7 Totals .. .. .. .. .. .. .. £334,739 10 8 * For explanatory statement see page 73. SINKING FUND ACCOUNT. £ s. d. Securities redeemed and cancelled in terms of the Finance Act, 1928, Section 22 (2), — £ s. d. £ s. d. Debentures cancelled before Maturity— Coal-mines Act, 1925 (to mature 1st April, 1929) .. .. .. .. .. 65,000 0 0 ■ • Balance at end of Year, — 5,313 7 4 Cash in the Public Account .. .. .. .. .. .. 4,604 4 7 Investment Account— 57,025 0 0 Securities held .. .. .. .. .. .. .. 250 0 0 4,854 4 7* 62,338 7 4 £62,338 7 4 Totals .. .. .. .. .. .. .. £69,854 4 7 ■ ■ i * For explanatory statement see page 73.

B.—l [PT. I]

64

PUBLIC ACCOUNTS, 192 8-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. 1928-1929. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 1,994 1 1 Cash in the Public Account .. .. .. .. .. .. 16,829 17 3 Imprests outstanding— 166 18 In the Dominion .. .. .. .. .. .. .. 541 15 1 1,480 0 0 In London .. .. .. .. .. .. .. .. 412 9 10 Investment Account— 20,000 0 0 Securities held .. .. .. .. .. .. .. 20,000 0 0 37,784 2 2 23,640 2 9 Credits-in-aid, — 1,335 13 7 Vote—State Forest Service .. .. .. .. .. .. 2,256 17 1 Credits-in-reduction, — Unauthorized Expenditure— Services not provided for .. .. .. .. .. .. 650 0 0 : 2,906 17 1 89 10 7 Recoveries on Account of Expenditure of previous Years .. .. .. .. 136 3 11 11,519 18 2 Receipts from Nurseries and Plantations .. .. .. .. .. .. 12,418 5 0 81,296 13 4 Receipts from Indigenous Forests .. .. .. .. .. .. .. 51,850 13 0 5,550 11 7 Miscellaneous Receipts .. .. .. .. .. .. .. .. 6,107 3 5 Forests Act, 1921-22, Section 39, — 21,054 17 10 Receipts from National Endowment Indigenous Forests .. .. .. .. 16,625 17 4 Forests Amendment Act, 1925, Section 4 (2) — Equality of Exchange .. .. .. .. .. .. .. .. 320 0 0 Forests Amendment Act, 1926, Sections 6 and 7, — Deduction for Administration Expenses in respect of lands administered by the 2,052 19 0 State Forests Service .. .. .. .. .. .. .. .. 2,071 12 1 Appropriation Act, 1928, Section 14, — Transfer from Ordinary Revenue Account on account of expenditure incurred in the purchase of lands which were subsequently vested in the Corporation of the City of Wellington by the Wellington City and Suburban Water-supply Act, 1927.. .. .. .. .. .. .. .. .. .. 12,034 12 0 Finance Act, 1925, Section 43, Subsection 7,— 25 0 0 Revenue received in respect of Akatarawa Reserve .. .. .. .. .. .. • Finance Act, 1925, Section 43, Subsection 8, — Amount recovered in respect of Administration Expenses of Akatarawa Reserve— 9 4 7 Wellington City Council 0 3 3 Eastbourne Borough Council 0 12 8 Lower Hutt Borough Council .. . . .. 0 16 6 Petone Borough Council Upper Hutt Borough Council .. . . .. .. .. .. 0 3 3 0 8 2 Hutt County Council .. " 0 3 3 11 5 2 1,224 4 5 Interest on Investments .. .. .. .. .. .. .. .. 3,204 18 II Finance Act, 1927, Section 3 (I), — 45,000 0 0 Advance from Consolidated Fund New Zealand Loans Act, 1908, — Forests Act, 1921-22, and Finance Act, 1926, Section 6— Debentures issued .. .. .. .. .. .. .. 80,400 0 0 New Zealand Inscribed Stock Act, 1917— Forests Act, 1921-22, and Finance Act, 1926, Section 6— 115,000 0 0 Inscribed Stock issued .. .. .. .. .. .. 119,600 0 0 — —- 200,000 0 0 Public Revenues Act, 1926, Section 40, — 50,000 0 0 Temporary transfers from other Accounts £358,000 16 5 Totals .. .. .. .. .. .. .. £345,460 8 2

65

B.—l [PT. I].

PUBLIC ACCOUNTS, 1928-1929

STATE FORESTS ACCOUNT.

1927 1928. EXPENDITURE. 1928-1929. Gross. Gross. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 210,711 15 9 Vote —State Forest Service .. .. .. .. .. .. 275,905 6 2 Unauthorized Expenditure,— 558 1 11 Services not provided for.. .. .. .. .. .. .. 650 0 0 _ 276,555 6 2 216,269 17 8 Public Revenues Act, 1926, Section 139, — 28,714 10 6 Interest recouped to the Consolidated Fund .. .. .. .. .. 40,894 13 2 Finance Act, 1926, Section 23 (4), — Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935-45— 68 14 11 Forests Act, 1921-22 .. .. .. .. .. .. .. .. 38 1 6 New Zealand Loans Act, 1908, Section 26, — 127 8 11 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 3117 4 Forests Act, 1921-22, Section 39 (2), — Transfer to National Endowment Account in respect of Revenues from National13,884 15 9 endowment Lands comprised in State Forests .. .. .. .. .. 7,468 10 2 Reserves and other Lands Disposal and Public Bodies Empowering Act, 1921-22, Section 91 (2), —■ Transfer to Electric Supply Account in respect of Revenues from Hydro-electric 22 3 0 Lands administered as a State Forest Finance Act, 1926, Section 21, — 3,999 7 6 Interest on Advances from Consolidated Fund .. .. . .. .. 2,666 5 0 I New Zealand Loans Act, 1908, — Charges and Expenses of raising Loans— Forests Act, 1921-22 (Redemptions) .. .. .. .. .. 122 0 0 Forests Act, 1921-22 (Renewals) .. .. .. .. .. 0 10 0 Forests Act, 1921-22, and Finance Act, 1924, Section 16 (Redemptions) .. 237 7 6 575 0 0 Forests Act, 1921-22, and Finance Act, 1926, Section 6 .. .. .. 198 12 0 — 558 9 6 Public Revenues Act, 1926, Section 40, — 1,554 16 0 Interest paid on Temporary Transfers from other Accounts .. 55,000 0 0 Temporary Transfers from other Accounts repaid 56,554 16 0 Balance at end of Year, — 16,829 17 3 Cash in the Public Account .. .. .. .. .. .. 16,314 4 5 Imprests outstanding— 541 15 1 In the Dominion .. .. .. .. .. .. .. 933 0 11 412 9 10 In London Investment Account— 20,000 0 0 Securities held — 17,247 5 4 37,784 2 2 £358,000 16 5 Totals .. .. .. .. .. .. .. £345,460 8 2

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66

PUBLIC ACCOUNTS, 192 8-19 29.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS fo r the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. 1928-1929. I I £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 4,388 0 5 Cash in the Public Account .. .. .. .. .. .. .. 19,262 18 0 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 655 8 5 Empowering Act, 1916 .. .. .. .. . .. .. .. 1,001 13 2 Receipts under Section 4 (5) of the Swamp Drainage Amendment Act, 1926, — Proceeds from Sale, Letting, or other disposal of National-endowment Lands in 567 19 11 the Waihi Drainage Area .. .. .. .. .. .. .. 2,245 13 8 Swamp Drainage Act, 1915, Section 5, — Special Rate for Interest and Sinking Fund— 3,796 9 9 Kaitaia Drainage Area .. .. .. .. .. .. 69 13 0 461 10 0 Waihi Drainage Area .. .. .. .. .. .. .. 1 0 11 70 14 5 4,257 19 9 Swamp Drainage Amendment Act, 1926, Section,3, — General Rate for Administration and Maintenance— 1,162 S 5 Kaitaia Drainage Area .. .. .. .. .. .. 18611 661 2 0 Waihi Drainage Area .. .. .. .. .. .. .. 0 17 7 — 10 4 6 1,823 10 5 Swamp Drainage Act, 1915, Section 8, — 6 4 9 " Thirds 1,813 17 4 Miscellaneous Receipts .. .. .. .. .. .. .. .. 259 6 9 125 16 3 Interest on Investments .. .. .. .. .. .. .. .. 338 17 11 New Zealand Loans Act, 1908, — Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46— 60,000 0 0 Debentures issued .. .. .. .. .. .. .. .. 35,000 0 0 Public Revenues Act, 1926, Section 40, —• 69,000 0 0 Temporary Transfers from other Accounts .. .. .. .. .. 15,000 0 0 Adjustment of amount of interest on Temporary Transfers from other Accounts charged during the Year 1927-28 .. .. .. .. .. 1,145 11 9 16,145 11 9 £142,638 17 3 Totals .. .. .. .. .. .. .. £74,344.0 2

B.—l [PT. I]

PUBLIC ACCOUNTS, 1928-1929.

SWAMP LAND DRAINAGE ACCOUNT.

10— B. 1 [PT. Ij.

67

1927-1928. i 1928-1929. Gross. EXPENDITURE. Gross _ | j_ __ j £ s. d. Expenditure under Section 4 of the Swamp Drainage Act, 1915, and Section 95 of the £ s. d. £ s. d. 38,002 0 5 Reserves and other Lands Disposal and Public Bodies Empowering Act, 1910 .. .. 48,375 13 5 Swamp Drainage Amendment Act, 1928, — Section 6(1) — Refund of Special Rates for Interest and Sinking Fund— Kaitaia Drainage Area .. .. .. .. .. .. 339 14 fi Waihi Drainage Area .. .. .. .. .. .. 2 10 5 Section 6 (2) — Refund of General Rates for Administration and Maintenance.— Kaitaia Drainage Area .. .. .. .. .. •. 1117 8 Waihi Drainage Area .. .. .. .. .. .. 160 5 0 613 17 7 . - I f i| Public Revenues Act, 1926, Section 139, — 10,184 5 9 Interest recouped to the Consolidated Fund .. .. .. .. .. 1,660 0 0 New Zealand Loans Act, 1908, Section 26, — 30 0 6 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 7 12 2 ' Finance Act, 1926, Section 23 (4), —■ Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944— 13 11 10 Swamp Drainage Act, 1915, and Appropriation Act, 1918., Section 46 .. 14 9 4 Public Revenues Act, 1926, Section 40, — 1,145 11 9 Interest paid on Temporary Transfers from other Accounts 74'000 0 0 Temporary Transfers from other Accounts repaid .. .. .. .. 15,000 0 0 — 15,000 0 0 75,145 11 9 ■ Balance at end of Year, — 19,202 18 0 Cash in the Public Account .. .. .. .. .. .. .. 8,672 7 S* £142,638 17 3 Totals .. .. .. .. ... .. £74,344 0 i * For explanatory statement see page 73.

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68

PUBLIC ACCOUNTS, 1928-1 929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

WESTPORT HARBOUR 1927-1928. RECEIPTS 1928-1929. I __ I £ s. d. Balance at beginning of Year,- — . £ s. d. £ s. d. 15,807 4 8 Cash in the Public Account .. .. .. .. .. .. 1,448 14 11 Investment Account—66,000 0 0 Securities held .. .. .. .. .. .. .. 56,000 0 0 —— 57,448 14 11 81,807 4 8 Credits-in-aid, — 230 9 0 Vote—Westport Harbour .. .. .. .. .. .. . . ! 1,065 17 4 Credits in Reduction,- — Unauthorized Expenditure— 297 13 2 Services not provided for Westport Harbour Act, 1920, Section 8, and Finance Act, 1921, Section 4, — 31,661 14 10 Special Coal Rate .. .. .. .. .. .. .. .. 29,244 0 4 8,411 11 6 Port Charges .. .. .. .. .. .. .. .. .. | 9,081 9 3 20,344 17 8 Endowments .. .. .. .. .. .. .. .. .. 21,302 3 4 311 15 2 Rents .. .. .. .. .. .. .. .. .. .. 71 15 4 20 0 0 Sale of Endowment Lands .. .. .. 1,595 6 1 Miscellaneous Receipts .. .. .. .. .. .. .. .. 724 12 7 3,352 4 4 Interest on Investments .. .. .. .. .. .. .. .. 2,443 4 2 Adjustment of entries wrongly shown in previous years,— Recoupment under Finance Act, 1919, Section 4— 94,218 1 3 Interest .. * 21,459 8 6 Sinking Fund 115,677 9 9 £263,710 6 2 Totals .. .. .. .. .. .. .. i £121,381 17 3 - — WORKING RAIL- . , . . . • ' • £ s. d. Balance at end of Year, —■ £ s. d. £ s. d. 309,795 0 4 Cash in Public Account .. .. .. .. .. .. .. 193,200 19 11 Imprests outstanding— 820 6 1 In the Dominion .. .. .. .. .. .. .. 641 0 6 53,898 16 2 In London .. .. .. .. .. .. .. .. 53,588 10 I Investment Account — 500,000 0 0 Securities held .. .. .. .. .. .. .. 395,000 0 0 642,430 10 6 864,514 2 7 Credits-in-aid,— 1,063,613 9 9 Vote —Working Railways .. .. .. .. .. .. .. 1,552,045 14 3 Credits in Reduction, — Unauthorized— Services not provided for .. .. .. .. .. .. .. 11,802 18 11 7,725,283 19 8 "Railway Revenue .. .. .. .. .. .. .. .. .. 7,943,255 9 8 Government Railways Act, 1926, Section 37 (1) (ft), — Transfers from Consolidated Fund— 484,658 14 6 Losses on Isolated Sections and Branch Lines .. .. .. .. .. 496,578 8 1] 23,476 5 3 Interest on Investments .. .. .. .. .. .. .. .. 15,202 2 6 Railway Employees.Sick Benefit Fund, — Receipts under the Government Railways Amendment Act, 1928— Section 5(1) —Subsidy from Working Railways Account .. .. .. 2,101 6 3 Section 5 (2) —Contributions received .. .. .. .. .. 4,202 12 6 6,303 18 9 £10,161,546 11 9 Totals .. .. .. .. .. .. .. £10,667,619 3 6

69

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 928-1929.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

ACCOUNT. . , _ , 1927-1928. 1928-1929. Gross. EXPENDITURE. Gross I ' I £ s. d. Annual Appropriation,— £ s. d. £ s. d. 41,694 16 3 Vote—Westport Harbour .. .. . .. .. .. 44,382 9 0 Unauthorized Expenditure,— 297 13 2 1 Services not provided for ! 44,382 9 0 41,992 9 5 * Westport Harbour Amendment Act, 1926, Section 4 (1), — | Interest on Advances from Consolidated Fund in terms of Section 5a (2) of the 5,878 13 3 ' Westport Harbour Act, 1920 .. .. .. .. .. •• 5,878 13 3 Westport Harbour Amendment Act, 1926, Section 4 (3), — Transfer to Ordinary Revenue Account .. .. .. .. •. •. 30,000 0 0 Public Revenues Act, 1926, Section 139, and Westport Harbour Amendment Act, 1926, Section 3, — 129,478 13 5 Interest recouped to the Consolidated Fund .. .. .. .. 17,655 5 10 28,911 15 2 Sinking Fund recouped to the Consolidated Fund .. .. .. .. 4,117 12 10 ' 21,772 18 8 158,390 8 7 — Balance at end of Year, — 1,448 14 11 Cash in the Public Account .. .. .. .. .. .. 5,771 16 3 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 76 0 1 Investment Account— 56,000 0 0 Securities held .. .. .. .. .. .. •• 13,500 0 0 19,347 16 4* 57,448 14 11 £263,710 6 2 Totals .. .. .. .. .. .. .. | £121,381 17 _3 * For explanatory statement see page 73, WAYS ACCOUNT. _ £ s. d. Annual Appropriation,— 1 £ s. d. £ s. d. j 7,388,249 3 5 Vote —Working Railways .. .. .. .. .. .. 7,639,245 8 8 Unauthorized Expenditure,— Services not provided for .. .. .. .. •• 11,802 18 II 7,651,048 7 7 7,388,249 3 5 ♦ Government Railways Act, 1926, Section 38 (1) (a), — 2,130,866 17 10 Interest on capital money expended on Railways (on account) .. .. .. 2,331,334 14 5 ( Balance at end of Year, — 193,200 19 11 Cash in the Public Account .. .. .. .. .. .. 288,586 17 0 Imprests outstanding— 641 0 6 In the Dominion .. .. .. .. .. .. . • 784 4 9 53,588 10 1 In London .. .. .. .. •• •• •• 50,864 19 9 Investment Account— 395,000 0 0 Securities held .. .. .. .. .. •• 345,000 0 0 : 685,236 1 6* 642,430 10 6 HO,161,546 11 9 j Totals .. .. .. .. .. •• .. £10,667,619 3 6^ * For explanatory statement see page 73.

B.—l [Pt. I].

70

PUBLIC ACCOUNTS, 1928-1 929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. 1928-1929. £ s. d. .Balance at beginning of Year, — £ s. d. £ s. d. Or. 1,100,000 0 0 Cash in the Public Account .. .. .. .. .. .. Dr. 2,275,000 0 0 ' Balance at end of Year,— Dr. 2,275,000 0 0 Cash in the Public Account .. .. .. .. .. .. .. Dr. 6,280,000 0 0 £,3,375,000 0 0 Totals .. .. .. .. .. .. .. Dr. £8,555,000 0 0

B.—l !TT. I

71

PUBLIC ACCOUNTS, 1928-192 9

PUBLIC ACCOUNT CASH BALANCE INVESTMENT ACCOUNT.

R. E. Hayes, Secretary to the Treasury. • A. D. Pakk, Assistant Secretary bo the Treasury. The Treasury, Wellington, 30th April, 1929 Examined and found correct. G. F. C. Oampbedd, Controller and Auditor-General. 14th May, 1929.

1927-1928. 1928-1929. Gross. EXPENDITURE. Gross. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. Investment Account — 1,100,000 0 0 Securities held .. .. .. .. 2,275,000 0 0 Balance at end of Year, — Investment Account — 2,275,000 0 0 Securities held .. .. . . .. 6,280,000 0 0* £3,375,000 0 0 Totals .. . . .. -■ £8,555,000 0 0 * For explanatory statement see page 73.

8.-l [PT. I].

72

PUBLIC ACCOUNTS, 1 928-1 929.

SUMMARY of BALANCES on 31st MARCH, 1929.

I I I — Cash. ! Imprests. 1 Investments. Total. I I I I I Consolidated Fund £ s. d. ! £ s. d. 1 £ s. d. £ s. d. Ordinary Revenue Account .. 2,315,380 16 6 135,879 11 8 2,280 11 6 2,453,540 19 8 Nauru and Ocean Islands Account 83 11 11 .. 3,200 0 0 3,283 11 11 Nauru and Ocean Islands Sinking Fund Account .. .. 21 10 5 .. 10,000 0 0 10,021 10 5 Accounts of Local Bodies .. 7,349 4 7 .. .. 7,349 4 7 Deposit Accounts .. .. 39,353 15 1 15,807 2 6 575,388 8 0 030,549 5 7 2,362,188 18 6 151,686 14 2 590,868 19 6 3,104,744 12 2 Public Works Fund General Purposes Account .. 2,431,511 14 7 46,247 4 4 1,411,324 12 0 3,889,083 10 11 The Waihou and Ohinemuri Rivers Improvement Account.. 11,906 11 4 .. .. 11,906 11 4 Electric Supply Account .. 492,186 12 0 4,901 1 7 200,000 0 0 697,087 13 7 Electric Supply Sinking Fund Account .. .. .. 564 0 0 .. 115,290 0 0 115,854 0 0 2,936,168 17 11 51,148 5 11 1,726,614 12 0 4,713,931 15 10 Land foe Settlements Account. . 32,752 0 3 1,512 11 0 262,550 0 0 296,814 11 3 Land fob Settlements Account (Discharged Soldiers Settlement Account) .. .. .. 3 16 9 .. .. 3 16 9 32,755 17 0 1,512 11 0 262,550 0 0 296,818 8 0 I Advances to other Governments Account .. .. .. .. 15,273 14 9 ... 15,273 14 9 Bank of New Zealand Shares Account .. .. .. .. .. i 1,859,375 0 0 1,859,375 0 0 Cheviot Estate Account .. 9,006 5 4 .. I 201,680 0 0 210,686 5 4 Deteriorated Lands Account .. 13,324 17 0 .. .. 13,324 17 0 Discharged Soldiers Settlement Account .. .. .. 115,799 17 10 5,685 2 6 299,034 17 0 420,519 17 4 Discharged Soldiers Settlement Loans Act 1920 Depreciation Fund Account .. .. 27,151 4 1 .. 457,525 0 0 484,676 4 1 Education Loans Account .. 37,985 16 8 619 9 5 .. 38,605 6 1 General Purposes Relief Account .. .. .. 9,895 15 0 .. 15,000 0 0 24,895 15 0 HAURAKr Plains Settlement AcCOUNT .. .. .. 7,751 15 8 530 0 0 21.000 0 0 29,281 15 8 Howard Estate Account .. 0 6 7 .. ! .. 0 6 7 Hunter Soldiers' Assistance TRUST Account .. .. 1,242 7 9 .. 4,050 0 0 5,292 7 9 Hutt Valley Lands Settlement Account .. .. .. 616 9 1 .. .. 616 9 1 Kaum-gum Industry Account .. 3,335 11 7 .. .. 3,335 11 7 Land Assurance Fund Account 17,234 6 0 .. 68,600 0 0 85,834 6 0 Loans Redemption Account .. 45,414 10 9 .. 19,881 11 8 65,296 2 5 Main Highways Account Revenue Fund .. .. .. 208,970 7 4 4,733 14 2 307,900 0 0 521,604 1 6 Main Highways Account : Construction Fund .. .. 1,330 19 1 6,759 4 11 .. 8,090 4 0 Mining Advances Account .. 14,550 1 3 .. .. 14,550 1 3 National Endowment Account .. 50,835 18 5 .. 74,050 0 0 124,885 18 5 National Endowment Trust Account .. .. .. 2,438 2 7 .. 36,290 0 0 38,728 2 7 Native Land Settlement Account 2,991 5 10 34 18 11 10,000 0 0 13,026 4 9 Public Debt Repayment Account 5,325 17 2 .. .. 5,325 17 2 Railways Improvement Authorization Act 1914 Account .. 1,119,538 4 6 4,577 7 1 50,700 0 0 1,174,815 11 7 Rangitaiki Land Drainage Account .. .. .. 6,411 9 11 .. .. 6,411 9 11 Reserve Fund Account .. .. .. 2,000",000 0 0 2,000,000 0 0 State Advances Loan Account .. 1,181,875 4 6 .. .. 1,181,875 4 6 State Coal-mines Account .. 5,671 16 6 0 4 9 32,800 0 0 38,472 1 3 State Coal-mines Sinking Fund Account .. .. .. 4,604 4 7 .. 250 0 0 4,854 4 7 State Forests Account .. 16,3.14 4 5 933 0 11 .. 17,247 5 4 Swamp Land Drainage Account. . 8,672 7 8 .. .. 8,672 7 8 Westport Harbour Account .. 5,771 16 3 76 0 1 13,500 0 0 19.347 16 4 Working Railways Account .. j 288,586 17 0 51,649 4 6 345,000 0 0 685,236 1 6 Public Account Cash Balance Investment Account .. .. jDr.6,280,000 0 0 .. 6,280,000 0 0 Totals.. .. .. 2,263,761 13 9 295,219 13 1 14,676,670 0 2: 17,235,651 7 0* * For explanatory statement see page 73.

B.—l TPT. I,

73

PUBLIC ACCOUNTS, 1 928-1 92 9.

EXPLANATORY STATEMENT OF INVESTMENTS.

Amounts invested Liability representing within the outstanding Loans Public Account which borrowed from Amounts invested are not available Accounts within the Name of Account. outside the until the Liabilities Public Account, Public Account. shown in Column (4) which Loans are are repaid, or the shown in those Sale of these Accounts as Securities is effected. Investment Balances. 0) (2) ' (3) (4) Consolidated Fund : — £ s. d. £ s. d. | £ s. d. Ordinary Revenue Account .. .. .. .. 782 11 6 1,408 0 0 i 602,454 8 8 Nauru and Ocean Islands Account .. .. .. .. 3,200 0 0 ' 272,120 0 0 Nauru and Ocean Islands Sinking Fund Account .. .. .. 10,000 0 0 Deposits Account .. .. .. .. .. 33,110 0 0 542,278 8 0. Public Works Fund : — General Purposes Account .. .. .. .. 66,690 0 0 1,344,634 12 0 j 1,4-93,843 3 0 Waihou and Ohinemuri Rivers Improvement Account .. .. .. ; 158,500 0 0 Electric Supply Account .. .. .. .. .. 200,000 0 0 1 39,400 0 0 Electric Supply Sinking Fund Account .. .. .. .. 115,290 0 0 j Bank of New Zealand Shares Account .. .. 1,859,375 0 0 Cheviot Estate Account .. .. .. .. 35,575 0 0 166,105 0 0 Discharged Soldiers Settlement Account .. .. 5,184 17 0 293,850 0 0 . 471,200 0 0 Discharged Soldiers Settlement Loans Act 1920 Depreciation Fund Account .. .. .. .. 120,250 0 0 337,275 0 0 Education Loans Account .. .. .. .. .. .. '121,000 0 0 General Purposes Relief Account .. .. .. 13,000 0 0 2,000 0 0 ■ Hauraki Plains Settlement Account .. .. .. .. 21,000 0 0 178,500 0 0 Hunter Soldiers Assistance Trust Account .. .. .. 4,050 0 0 Kauri-gum Industry Account .. .. .. .. .. .. 14,500 0 0 Land Assurance Fund Account .. .. .. .. 68,600 0 0 Land for Settlements Account .. .. .. 17,350 0 0 245,200 0 0 241,425 0 0 Land for Settlements : Discharged Soldiers Settlement Account .. .. .. .. .. .. .. .. j . 550 0 0 Loans Redemption Account .. .. .. .. .. 19,881 11 8 j Main Highways Account : Revenue Fund .. .. 15,000 0 0 292,900 0 0 Main Highways Account: Construction Fund .. .. .. .. 50,000 0 0 Mining Advances Account .. .. .. .. .. .. 11,550 0 0 National Endowment Account.. .. .. .. 15,000 0 0 59,050 0 0 National Endowment Trust Account .. .. .. 3,250 0 0 33,040 0 0 Native Land Settlement Account .. .. .. .. 10,000 0 0 326,600 0 0 Railways Improvement Authorization Act 1914 Account .. 50,700 0 0 17,360 0 0 Rangitaiki Land Drainage Account .. .. .. .. .. 120,100 0 0 Reserve Fund Account .. .. .. .. 2,000,000 0 0 State Coal-mines Account .. .. . . . . .. 32,800 0 0 State Coal-mines Sinking Fund Account .. .. .. 250 0 0 Swamp Land Drainage Account .. .. .. .. .. 68,000 0 0 Westport Harbour Account .. .. .. .. .. 13,500 0 0 Working Railways Account .. .. .. .. 25,000 0 0 320,000 0 0 Public Account Cash Balance Investment Account .. 6,280,000 0 0 Totals .. .. .. .. 10,489,567 8 6 4,187,102 11 8 0 2 £4,187,102 11 8

74

B. —1 [Pt. I].

B.—l [Pt. I] .

75

STATEMENT OE ISSUES COMPARED WITH THE SUMS VOTED UNDER THE APPROPRIATION ACT, 1928. PRESENTED UNDER SECTION 86 OF THE PUBLIC REVENUES ACT, 1926.

11— B. 1 PT. 1.1

B.—l TPt. I

76

PUBLIC ACCOUNTS, 1928-1929

STATEMENT showing the ISSUES from the CONSOLIDATED FUND for the FINANCIAL YEAR ended 31st March, 1929, compared with the Sums voted under the Appropriation Act, 1928.

(Under Section 86 of the Public Revenues Act, 1926.) Amount voted. Credits -in- Aid Credits-in-Aid 8 ! i 1 Expenditube Amount Issued in : Cbedits-in-Aid beceived in | estimated > 1 Annual Vote Cbedits-in-Aid | Total voted . i ' Unissued. Excess. estimated.* : Excess op , but not voted. j ' i Estimate. f beceived. Ordinary Revenue Account. £ s. d. £ s. d. £ s. d. ; £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 1 Legislative Departments .. .. •• 93,175 0 0 j 3,817 19 7 96,992 19 7 99,009 7 10 .. 2,016 8 3 6,243 0 0 .. 2,425 0 5 2 Prime Minister's Department .. .. 13,124 0 0 .. .13,124 0 0 13,084 0 10 39 19 2 3 Treasury Department .. .. .. 39,236 0 0 3,416 8 6 42,652 8 6 40,910 11 1 1,741 17 5 .. 4,075 0 0 .. 658 11 6 4 National Provident and Friendly Societies De- 25,525 0 0 402 1 8 25,927 1 8 . 25,448 15 9 478 5 11 .. 438 0 0 .. 35 18 4 partment 5 Land and Income Tax Department .. .. 63,347 0 0 1,332 1 1 64,679 1 1 j 62,430 14 5 2,248 6 8 .. 1,410 0 0 .. 77 18 11 6 Stamp Duties Department .. .. ■. 96,801 0 0 14,182 1 9 110,983 1 9 110,761 11 10 221 9 11 .. 16,000 0 0 .. 1,817 18 3 7 Public Buildings .. .. .. .. 87,600 0 0 95,244 13 10 182,844 13 10 182,317 6 7 527 7 3 .. 103,358 0 0 .. 8,113 6 2 8 Government and other Domains .. .. 6,400 0 0 2,279 17 0 8,679 17 0 7,578 7 2 1,101 9 10 .. 2,358 0 0 .. 78 3 0 9 Maintenance and Repairs to Roads .. .. 103,000 0 0 3,150 0 0 106,150 0 0 89,805 17 1 16,344 2 11 .. 3,150 0 0 1,219 19 5 10 Maintenance of Irrigation-works, &c. .. 14,200 0 0 167 1 9 14,367 1 9 14,305 6 4 61 15 5 .. 386 0 0 .. 218 18 3 11 Native Department .. .. .. 32,374 0 0 9,850 0 0 42,224 0 0 41,878 6 2 345 13 10 .. 9,850 0 0 351 5 8 12 Department of External Affairs .. . 38,236 0 0 1,857 11 11 40,093 11 11 40,290 6 1 .. 196 14 2 2,041 0 0 .. 183 8 I 13 Cook Islands .. .. .. .. 42,687 0 0 23,343 8 4 66,030 8 4 58,165 0 2 7,865 8 2 .. 23,983 0 0 .. 639 11 8 14 Department of Industries and Commerce .. 31,928 0 0 i 3,041 8 0 j 34,969 8 0 34,460 7 6 509 0 6 .. 3,750 0 0 .. 708 12 0 15 Department of Justice .. .. . 135,906 0 0 10,166 17 7 146,072 17 7 142,790 7 2 3,282 10 5 .. 12,255 0 0 .. 2,088 2 5 16 Prisons Department .. .. .. 95,659 0 0 | 68,450 0 0 164,109 0 0 163,450 17 9 658 2 3 .. 68,450 0 0 5,544 10 9 17 | Crown Law Office .. .. .. .. 5,889 0 0 824 12 0 6,713 12 0 6,758 15 4 .. 45 3 4 990 0 0 .. 165 8 0 18 ! Police Department.. .. .. .. 450,815 0 0 5,910 0 0 456,725 0 0 451,894 16 1 4,830 3 11 .. 5,910 0 0 1,014 13 6 19 ! Pensions Department .. .. .. 168,168 0 0 2,832 0 0, 171,000 0 0 169,261 5 11 1,738 14 1 .. 2,832 0 0 517 9 0 20 Mines Department.. .. .. . . 42,747 0 0 1,380 0 0 44,127 0 0 34.691 12 0 9,435 8 0 .. 1,380 0 0 887 6 0 21 Department of Internal Affairs .. .. 345.164 0 0 60,196 10 11 405,360 10 11 420,162 7 5% .. 14,801 16 6 63,018 0 0 .. 2,821 9 1 22 i Audit Department .. .. .. 29,617 0 0 25,000 0 0 54,617 0 0 54,088 1 4 528 18 8 .. 25,000 0 0 4,298 7 10 23 j Public Service Commissioner's Office .. 7,270 0 0 25 0 0 7,295 0 0 1 7,417 7 10 .. 122 7 10§ 25 0 0 330 10 0J 24 i Printing and Stationery Department .. 230,487 0 0 ... 230,487 0 0 220,795 18 4 9,691 1 8 25 | Mental Hospitals Department .. .. 294,910 0 0 130,000 0 0 424,910 0 0 433,303 9 10 .. 8,393 9 10 130,000 0 0 3 12 0 26 Department of Health .. .. .. 249,046 0 0 99,360 15 4 348,406 15 4 339,117 19 7 9,288 15 9 .. 101,770 0 0 .. 2,409 4 8 27 1 Naval Defence .. .. .. .. 485,861 0 0 39,670 14 9 525,531 14 9 503,166 9 6 22,365 5 3 .. 40,950 0 0 .. 1,279 5 3 28 ! Defence Department .. .. .. 464,191 0 0 23,S12 5 10 488,003 5 10 488,407 10 2 .. 404 4 4 24,450 0 0 .. 637 14 2 29 Customs Department .. .. .. 119,968 0 0 9,718 8 7 129,686 8 7 127,108 5 10 2,578 2 9 .. 10,750 0 0 .. 1,031 11 5 30 Marine Department .. .. .. 119,382 0 0 5,940 0 0 125,322 0 0 117,029 10 10 8,292 9 2 .. 5,940 0 0 877 13 4 31 Department of Labour .. .. .. 63,787 0 0 1,800 0 0 65,587 0 0 62,959 5 6 2,627 14 6 .. 1,800 0 0 266 0 3 32 Department of Lands and Survey .. - 188,133 0 0 111,177 7 0 299,310 7 0 292,925 1 11 ' 6,385 5 1 .. 116,995 0 0 .. 5,817 13 0 33 Scenery Preservation .. .. •• 17,203 0 0 1 17 0 17,204 17 0 14,141 0 7 , 3,063 16 5 .. 31 0 0 .. 29 3 0 34 Valuation Department .. .. ■■ 55,108 0 0 13,141 10 9 68,249 10 9 66,741 18 4 1,507 12 5 ! .. 13,235 0 0 .. 93 9 3 35 Electoral Department .. .. 90,767 0 0 1,852 3 5 92,619 3 5' 91,624 14 4 | 994 9 1 .. 2,000 0 0 .. 147 16 7 36 Department of Agriculture .. .. .. j 443,957 0 0 97,748 0 0 541,705 0 0 559,015 3 7: .. 17,310 3 7|| 97,748 0 0 9,340 13 9|| 37 ; Department of Tourist and Health Resorts .. 83,563 0 0 1,003 0 0 84,566 0 0 84,530 10 9 35 9 3 .. 1,003 0 0 540 3 9 38 ! Department of Education .. .. .. 3,082,811 0 0 263,186 3 8 3,345,997 3 8 13,355,482 11 9 .. 9,485 8 1 265,835 0 0 .. 2,648 16 4 39 I Department of Scientific and Industrial Research j 61,916 0 0 9,372 2 2 71,288 2 2 66,907 4 2 j 4,380 18 0 .. 15,414 0 0 .. 6,041 17 .. i Services not provided for .. £21,128 19 7 Less amounts recovered or transferred to votes .. 13,169 12 4 .. •• 7,959 7 3 .. 7,959 7 3 Total .. .. .. j 8,019,958 0 0 1,144,654 2 5 9,164,612 2 5 9,102,177 11 11 123,169 13 8 60,735 3 2 1,184,823 0 0 25,192 5 3 40,168 17 7 Nauru and Ocean Islands Account. 40 I Nauru and Ocean Islands 600 0 0 ' .. ■ 600 J) 0 505 0 0 95 0 0 * These are the amounts shown in column 4 of the Schedule to the Appropriation Act, and are voted only to the extent to which they are actually received. t These credits have not been appropriated, and are not available for expenditure except under the provision? of section 51, subsection (3), of the Public Revenues Act, 1926. J This amount is overstated by £166 IBs. 4d., being salary of the High Commissioner for one month erroneously charged to the Vote instead of to Special Acts —High Commissioner Act. 1908. § Excess credits to the amount of £122 7s. lOd. were made available in accordance with section 51, subsection (3), of the Public Revenues Act, 1926. || Excess credits to the amount of £9,340 13s. 9d. were made available in accordance with section 51, subsection (3), of the Public Revenues Act, 1926. If This amount is overstated by £1,049 6s. 10d., additional credits-in-aid for wheat research, £853 10s. 8d., and flax research, £195 16s. 2d., having actually been received during the year, but credited to Deposits Account, Miscellaneous. The amount for credits-in-aid voted is correspondingly understated.

77

B.—l [Pt. I

PUBLIC ACCOUNTS, 1928-1929

STATEMENT showing the ISSUES from the PUBLIC WORKS FUND for the FINANCIAL YEAR ended 31st March, 1929, compared with the Sums voted under the Appropriation Act, 1928.

(Under Section 86 of the Public Revenues Act, 1926.) Amount voted. . Credits- Credits-in-Aid : riimT - a £ ; ; Amount Issued in in-Aid received in I OBEDI S - IN - AID 5 . tt I Credits-in-Aid n , endi . Unissued. Excess. Estima- Excess of ; BST1MATED BTJT > Annual Vote. ; voted. , Iotad voted. ted _, . EsTIMATB f not received. General Purposes Account. £ s. d. 1 £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ £ s. d. £ s. d. 41 Public Works, Departmental .. 139,265 0 0 122,866 11 6 262,131 11 6 265,042 10 1 .. 2,910 18 7 156,207 .. 33,340 8 6 42 Railway-construction .. .. 1,484,000 0 01 78,649 18 7 1,562,649 18 7 1,081.521 13 4 481,128 5 3 .. 80,000 .. 1,350 I 5 43 Additions to Open Lines .. .. 400,000 0 0 196,882 0 4 596,882 0 4 410,287 2 7 186,594 .17 9 ! .. 200,000 .. 3,117 19 8 Public Buildings :— 44 General .. .. .. 11,000 0 0 128 0 0 11.128 0 0 4,435 6 9 6,692 13 3 .. 500 .. 372 0 0 45 Courthouses .. .. .. 15,000 0 0; .. 15,000 0 0 8,387 2 1 6,612 17 11 .. 100 .. 100 0 0 46 Prison Buildings and Works .. 25,500 0 0' 246 6 4 25,746 6 4 12,818 12 3 12,927 14 ! .. 500 .. 253 13 8 47 Police-stations .. .. .. 10,200 0 0 .. 10,200 0 0 6,925 4 0 3,274 16 0 .. 100 .. 100 0 0 48 Postal and Telegraph .. .. 105,783 0 0 40 6 5 105,823 6 5 62,126 15 7 43,696 10 10 .. 500 .. 459 13 7 49 Agricultural .. .. . • 3,950 0 0 36 7 2 3.986 7 2 2,843 18 9 1,142 8 5 .. 50 .. 13 12 10 50 Mental Hospital Buildings .. 125,000 0 0 148 15 3 125,148 15 3 96,930 18 0 28,217 17 3 .. 500 .. 351 4 9 51 Health and Hospital Institutions .. 21.500 0 0 1,618 3 11 23,118 3 li 21,255 8 1 1,862 15 10 .. 3,000 >. 1,381 16 1 52 Timber-supply and Sawmills, &c., for 15,000 0 0 12,975 4 4 27,975 4 4 7,859 19 6 20,115 4 10 .. 15,000 .. 2,024 15 8 Public Works Department 53 Acquisition and Operation of Quarries | 20,000 0 0 30,000 0 0 50,000 0 0 31,184 0 8 18,815 39 4 .. 30,000 7,213 18 4 for Public Works Department 54 Lighthouses .. .. , 9,500 0 0 71 13 3 9,571 13 3 2,709 3 7 6,862 9 8 .. 200 .. 128 6 9 55 Harbour/- works .. .. .. 16,200 0 0 1,000 0 0 17,200 0 0; 16,009 19 11 1,190 0 1 .. 1,000 584 18 0 56 Development of Tourist Resorts .. 40,500 0 0 2,200 0 0 42.700 0 0: 41,730 7 2 969 12 10 .. 2,200 276 10 3 57 Department of Immigration .. 75,000 0 0 55,867 3 11 130,867 3 11 ! 106.133 10 I 24.733 13 10 .. 107,122 .. 51,254 16 1 58 Roads, &c. .. .. •• 956,000 0 OJ 123,929 11 10 1,079,929 11 10 904,919 11 4 175,010 0 6 .. 140,000 .. 16,070 8 2 59 Roads to give Access to Outlying 55,000 0 0 162 2 6 55,162 2 6 51.744 5 1 3,417 17 5 .. 5,000 .. 4,837 17 6 Districts 60 Roads on Goldfields .. .. 3,500 0 0 .. 3,500 0 0| 1,005 3 4 2,494 16 8 .. 100 .. 100 0 0 61 Telegraph Extension .. .. 650.000 0 0 60,000 0 0 710,000 0 0 686.131 3 11 23,868 16 1 .. 60,000: 1,717 3 3 62 Contingent Defence .. .. 50,000 0 0 .. 50,000 0 0 | 68,129 4 2 .. 18,129 4 2§ .. 476 18 11§ 63 Lands. Miscellaneous .. .. 115,000 0 0 1,638 5 11 116,638 5 11 ! 87,499 9 6 29,138 16 5 .. 4,000 i .. 2,361 14 1 64 Irrigation, Water-supply, and Drainage 75,000 0 0 5,320 0 0 80,320 0 0 61,102 9 4 19.217 10 8 .. 5,320 585 11 3 6-5 Plant, Material, and Stores .. .. 40,000 0 0 74.970 1 0 114,970 1 0 79,-564 2 4 35,405 18 8 .. 75,000 .. 29 19 0 66 Transfer to Main Highways Account 200,000 0 0! .. 200,000 0 0 j 200,000 0 0 .. .. j Construction Fund Services not provided for £431 9 4 Less amounts transferred to votes .. 354 16 0 .. .. .. 76 13 4 .. 76 13 4 , Total.. .. .. 4,661,898 0 0 768,750 12 3 j 5,430,648 12 3 4,318,373 14 9 1,133,391 13 7 21,116 16 1 886,399 10,855 0 0 117,648 7 9 Electric Supply Account. 67 Development of Water-power .. 1,090,000 0 0+ 30,000 0 0 1 1,120,000 0 0 1,008,-542 15 8 , 111,457. 4 4 .. 30,000 12,983 2 5 68 Working Expenses and Maintenance .. : 270,000 0 0' 2,000 0 0 : 272,000 0 0 220.964 8 5 ! 51,035 11 7 .. 2,000 1,420 18 4 Total .. .. .. 1,360,000 0 0 32,000 0 0 ! 1,392,000 0 0 1,229.507 4 1 162,492 15 11 .. j 32,000 j 14,404 0 9 S I j i_ | l_ !_ I j * These are the amounts shown in column 4 of the Schedule to the Appropriation Act, and are voted only to the extent to which they are actually received. t These credits have not been appropriated, and are not available for expenditure except under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926. i Includes the following additional amounts appropriated bv Finance Act, 1928: First Session, 23rd Parliament —-Railway Construction. £500,000; Roads, <Sc„ £100,000; Development of Water-power, £100,000. 8 Excess credits to the amount of £476 18s. lid. were made available in accordance with se'ction 51, subsection (3), of the Public Revenues Act, 1926.

B.—l [PT. I

78

PUBLIC ACCOUNTS, 1925-1929.

STATEMENT showing the ISSUES from SEPARATE ACCOUNTS for the FINANCIAL YEAR ended 31st March, 1929, compared with the Sums voted under the Appropriation Act, 1928.

(Under Section 86 of the Public Revenues Act, 1926.) Amount voted. j | Cbediis-in-Aid Credits-in- Aid I j 1 ; ! Expenditure Amount Issued in Credits-in- Aid received estimated I g i Annual Vote Credits -in- Aid Tqtal voted 1 ' : Unissued. Excess. estimated.* in Excess of but not ] t> 'I voted. ! 'I Estimate. f received. Discharged Soldiers Settlement Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 1 £ s. d. 69 Expenses of Management .. .. .. 40,000 0 0 .. 40,000 0 0 39,900 0 0 100 0 0 Land for Settlements Account. | 70 Land for Settlements Expenses .. .. 3,465 0 0 .. 3,465 0 0 1 2,152 13 6 1,312 6 6 .. 5 0 0 .. 5 0 0 Land for Settlements Account. Discharged Soldiers Settlement Account. 71 Land for Settlement of Discharged Soldiers: Expenses .. .. .. .. 3,885 0 0 12 10 0 3,897 10 0 1,356 8 2 2,541 1 10 .. 50 0 0 ! .. 37 10 0 Main Highways Account. Main Highways Revenue Fund. 72 Maintenance of Main Highways .. .. 1,067,208 0 0J 20,000 0 0 1,087,208 0 0 1,001,032 9 11§ 86,175 10 1 .. 20,000 0 O' 21,521 17 3 Services not provided for .. .. .. .. -. .. 9,705 3 0 .. 9,705 3 0 , ; Main Highways Account. Main Highways Construction Fund. 73 Main Highways .. .. .. .. 990,000 0 0t 34,113 14 10 1,024,113 14 10 970,609 19 11 53,503 14 11 .. 60,000 0 0 .. 25,886 5 2 — - _ ; ! . " . Native Land Settlement Account. 74 Native Land Purchase Expenses .. .. 7,437 0 0 17 17 0 7,454 17 0 6,481 0 11 973 16 1 .. 100 0 0 .. 82 3 0 - _l l State Coal .mines Account. 75 State Coal-mines . . .. .. .. 315,654 0 0 2,299 6 11 j 317,953 6 11 282,584 5 2 35,369 1 9 ; .. 2,350 0 0 .. 50 13 1 State Forest Account. 76 State Forests Service .. .. .. 329,303 0 0{ 1,832 0 0 331,135 0 0 275,905 6 2 55,229 13 10; .. 1,832 0 0 424 17 1 Services not provided for .. £650 0 0 Less amount transferred to vote 650 0 0 •• j Westport Harbour Account. 77 Westport Harbour .. .. .. .. 61,995 0 0 675 0 0 62,670 0 0 44,382 9 0 18,287 11 0 .. 675 0 0 390 17 4 I Working Railways Account. 78 1 Working Railways .. .. .. .. 6,671,337 0 0 1,227,000 0 0 7,898,337 0 0 7,639,245 8 8 259,091 11 4 .. 1,227,000 0 0 '325,045 14 3 .. Services not provided for .. £11,802 18 11 ..I Less amount transferred to vote 11,802 18 11 * These are the amounts shown in column 4 of the Schedule to the Appropriation Act, and are voted only to the extent to which they are actually received. t These credits have not been appropriated, and are not available for expenditure except under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926. % Includes the following additional amounts appropriated by the Finance Act, 1928 : First Session 23rd Parliament —-Main Highways Account, Main Highways Revenue Fund, vote Maintenance of Main Highways, £50,000 ; Main Highways Account, Main Highways Construction Fund, vote Main High ways, £50,000; State Forest Account, vote State Forest Service, £25,000. § Includes £59,948 transferred for redemption of Main Highways loans not actually expended during the year but held as a balance in the Loans Redemption Account a f 31st March, 1929.

79

B.—l [Pt. I

PUBLIC ACCOUNTS, 19 28-19 29.

STATEMENT showing the ISSUES from ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT for the FINANCIAL YEAR ended 31st March, 1929, compared with the Sums voted under the Appropriation Act, 1928.

Examined and found correct. Hayes, Secretary to the Treasury. G. F. 0. Campbell, Controller and Auditor-General. \ D. Park 8th July 1929 Assistant Secretary to the Treasury. The Treasury, 6th July, 1929.

(Under Section 86 of the Public Revenues Act, 1926.) j . Amount voted. Credits in Credits -in-Aid Credits-in-j g — — Amount i Issued in . " ' received Aid esti- :° Credits-in-Aid , r expenditure. unissubd . ! Excess. * in Excess or mated but Annual Vote. voted _ Total voted. estimated. Estimate. t not received. j i I ; "y Post Office Account. £ s. d. £ s. d. £ s. d. £ s. d. ! £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 79 ; Post and Telegraph Working-expenses .. .. 2,529,969 0 0 126,349 5 5 2,656,318 5 5 2,618,507 10 4 37,810 15 1 .. 127,700 0 0 .. 1,350 14 7 Services not provided for .. .. .. .. .. .. .. 1,577 17 9 .. 1,577 17 9 .. .. I Public Trustee's Account. 80 Public Trust Office .. .. .. .. 252,113 0 0 .. 252,113 0 0 252,034 7 5 i 78 12 7 " Native Trustee's Account. j 81 | Native Trust Office .. .. .. .. 13,571 0 0 .. 13,571 0 0 11,405 1 8 2,165 18 4 Government Insurance Account. 82 Government Insurance .. .. .. .. 113,202 0 0 649 6 2 113,851 6 2 93,453 15 10 20,397 10 4 .. 875 0 0 .. 225 13 10 Services not provided for .. .. .. .. .. .. .. 17 1 8 .. 17 1 8 ! —. : : Public Service Superannuation Fund Account. 83 Public Service Superannuation Fund Office .. 7,969 0 0 .. 7,969 0 0 8,215 13 8 246 13 8 State Fire Insurance Account. 81 State Fire Insurance .. .. .. 40,844 0 0 8,550 0 0 49,394 0 0 38,894 15 0 10,499 5 0 .. 8,550 0 0 670 0 0 Government Accident Insurance Account. : -5 Government Accident Insurance .. .. 18,645 0 0 .. 18,645 0 0 16,585 18 5 2,059 1 7 State Advances Account. 86 State Advances .. .. .. .. 92,940 0 0 15,806 2 0 108,746 2 0 80,495 5 6 28,250 16 6 .. 16,970 0 0 .. 1,163 18 0 * These are the amounts shown in column 4 of the Schedule to the Appropriation Act, and are voted only to the extent to which they are actually received. t These credits have not been appropriated, and are not available for expenditure except under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926.

80

B. —1 [Pt. tl.

81

B.—l [Pt. I].

STATEMENT OF DISBURSEMENTS UNDER THE CIVIL LIST ACT. 1930. PRESENTED IN TERMS OF SECTION 65 OF THE NEW ZEALAND CONSTITUTION ACT 1852.

B.—l [PT. I

PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) for the Financial Year ended 31st March, 1929, under the Civil List Act, 1920, Parts I, II, and V.

82

(Presented in terms of Section 05 of the Constitution Act, 1852.) CIVIL LIST. £ s. d. £ s. d. 1 £ 8. d. PART I. His Excellency the Governor-General :— General Sir Charles Fergusson, Baronet, LL.D., G.C.M.G., K.C.B., D.S.O., M.V.O.— Salary, 1st April, 1928, to 31st March, 1929 .. .. .. 5,000 0 0 Allowance, 1st April, 1928, to 31st March, 1929 .. .. 2,500 0 0 7,500 0 0* PART II. Establishment of the General Government - (1st April, 1928, to 10th December, 1928.) The Prime Minister, Minister of Railways, Minister of Native Affairs, Minister in Charge of Public Trust and Native Trust Departments,— Right Hon. J. G. Coates, P.C. — Salary, 1st April, 1928, to 10th December, 1928 .. 1,248 7 9 Leader of the Legislative Council, and Member of the Executive Council without portfolio,— Right Hon. Sir Francis H. D. Bell, P.C., G.C.M.G., K.C.— Salary, 25th August, 1928, to 10th December, 1928 345 19 1 Allowance, 1st April, 1928, to 10th December, 1928 138 14 3 484 13 7 Minister of Finance, Minister of Stamp Duties, Minister of Customs, Minister in Charge of Land and Income Tax and State Advances Departments,— Hon. W. Downie Stewart — Salary, 1st April, 1928, to 10th December, 1928 .. .. 811 9 0 Postmaster-General, Minister of Telegraphs, Minister of i External Affairs, Minister of Immigration, Minister in j Charge of Legislative, Tourist and Health Resorts, Go- ! vernment Life, State Fire, and Public Service Super- | annuation Departments,— i Hon. Sir W. Nosworthy, K.C.M.G.— Salary, 1st April, 1928, to 10th December, 1928 .. 811 9 0 House allowance, 1st April, 1928, to 10th December, j 1928 .. .. .. .. .. 138 14 3 950 3 3 Minister of Labour, Minister of Mines, Minister of Marine, Minister in Charge of Pensions, Minister in Charge of Printing and Stationery, Publicity, and Inspection of Machinery Departments,— Hon. G. J. Anderson— Salary, 1st April, 1928, to 20th November, 1928 .. 707 0 0 House allowance, 1st April, 1928, to 26th November, 1928 .. .. .. .. .. 131 2 3 898 2 3 Member of the Executive Council without portfolio,— Hon. Sir R. Heaton Rhodes, K.C.V.O., K.B.E. — House allowance, 1st April, 1928, to 10th December, 1928 .. .. .. .. .. 138 14 2 I Minister of Lands, Minister of Industries and Commerce, Minister in Charge of Electoral, Valuation, Land for Settlements, Discharged Soldiers' Settlement, and Scenery Preservation Departments,— Hon. A. D. McLeod — Salary, 1st April, 1928, to 26th November, 1928 .. 767 0 0 House allowance, 1st April, 1928, to 26th November, 1928 .. .. .. .. .. 131 2 2 898 2 2 Minister for Cook Islands and Member of the Executive Council representing the Native race, — Hon. Sir Maui Pomare, K.B.E., C.M.G.— Salary, 1st April, 1928, to 10th December, 1928 .. i 686 12 3 House allowance, 1st April, 1928, to 10th December, 1928 .. .. .. .. .. 138 14 3 j 825 6 Of Carried forward .. .. .. .. 6,254 18 8 7,500 0 Oj * See also under " Special Acts," Appropriation Act, 1926. Section 15. B.-l [P-T, II], t £124 16s. 9d. also paid and charged under "Special Acts," Appropriation Act, 1926. Section 24 (2). B.-l [i'T. IIJ,

B.—l [Pt. I]

83

PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND —continued.

1-2—33. 1 [FT. 11.

£ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. 6,254 18 8 7,500 0 0 PART II—continued. Establishment of the General Government —continued. Minister of Agriculture, Commissioner of State Forests, — Hon. 0. J. Hawken— Salary, 1st April, 1928, to 26th November, 1928..* .. 767 0 0 'M Attorney-General, Minister of Justice, Minister of Defence, Minister in Charge of Police, Prisons, and War Pensions Departments,— Hon. F. J. Rolleston — Salary, 1st April, 1928, to 26th November, 1928 .. 767 0 0 House allowance, 1st April, 1928, to 26th November, 1928 .. .. .. .. .. 131 2 3 898 2 3 Minister of Health, Minister in Charge of Mental Hospitals Department,— Hon. J. A. Young— Salary, 1st April, 1928, to 10th December, 1928 .. 811 9 0 House allowance, 1st April, 1928, to 10th December, 1928 .. .. .. .. .. 138 14 3 950 3 3 Minister of Education, Minister in Charge of Friendly Societies and National Provident Fund Departments,— Hon. R. A. Wright— Salary, 1st April, 1928, to 10th December, 1928 .. 811 9 0 House allowance, 1st April, 1928, to 10th December, 1928 .. .. .. .. .. 138 14 3 — 950 3 3 j Minister of Public Works, Minister in Charge of Roads and Public Buildings,— Hon. K. S. Williams — Salary, 1st April, 1928, to 10th December, 1928 .. 811 9 0 House allowance, 1st April, 1928, to 10th December, 1928 .. .. .. .. .. 138 14 3 950 3 3 I (11th December, 1928, to 31st March, 1929.) Prime Minister, Minister of Finance, Minister of External Affairs, Minister of Stamp Duties, and Minister in Charge of Public Trust, Tourist and Health Resorts, Legislative, State Advances, Land and Income Tax, and High Commissioner's Departments,— Right Hon. Sir Joseph G.Ward, Bart., P.C., K.C.M.G.— Salary, 11th December, 1928, to 31st March, 1929 551 12 3 House allowance, 11th December, 1928, to 31st March, 1929 .. .. .. .. 61 5 10 612 18 1 Minister of Lands, Minister of Agriculture, and Minister in Charge of the Land for Settlements, Scenery Preservation, Discharged Soldiers Settlement, and Valuation Departments,— Hon. G. W. ForbesSalary, 11th December, 1928, to 31st March. 1929 358 11 0 House allowance, 11th December, 1928, to 31st March, 1929 .. .. .. .. 61 5 10 419 16 10 Minister of Justice, Minister of Defence, and Minister in Charge of the Police, Prisons, and War Pensions Dements, — Hon. T. M. Wilford— Salary, 11th December, 1928, to 31st March, 1929 358 11 0 House allowance, 11th December, 1928, to 31st March, 1929 .. .. .. .. 61 5 10 419 16 10 Minister of Native Affairs, Minister of Cook Islands, and Minister in Charge of Native Trust, Government Life Insurance, and State Fire Departments, and Member of the Executive Council representing the Native Race, — Hon. Sir Apirana T. Ngata, Kt. — Salary, 11th December, 1928, to 31st March, 1929 303 7 9 House allowance, 11th December, 1928, to 31st March, 1929 .. .. .. .. 61 5 10 364 13 7* Minister of Education, and Minister in Charge of the Scientific and Industrial Research Department,— Hon. H. Atmore — Salary, 11th December, 1928, to 31st March, 1929 j 358 11 0 House allowance, 11th December. 1928, to J 31st March, 1929 .. .. .. ... 61 5 10 419 16 10 Carried forward .. .. .. j -• 13,007 12 10 7,500 0 0 j *£55 3s. 3d. also paid and charged under "Special Acts," Appropriation Act, 1926, section 24 (2). B.-l [Pt. II].

B.—l >PT. I

84

PUBLIC ACCOUNTS, 1928-29.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND—continued.

R. E. Hayes, Examined and found correct. Secretary to the Treasury. G. P. C. Campbell, A. D. Park, Controller and Auditor-General. Assistant Secretary to the Treasury. 14th June, 1929. The Treasury, Wellington, 6th June, 1929.

£ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. 13,007 12 10 7,500 0 0 PART II —continued. Establishment of the Genekal Government—continued. Minister of Labour, Minister of Mines, and Minister in Charge of the Pensions and Electoral Departments,— Hon. W. A. Veitch —• Salary, 11th December, 1028, to 31st March, 1929 358 11 0 House allowance, 11th December, 1928, to 26th December, 1928 .. .. .. 8 12 1 367 3 1 ' Minister of Public Works, and Minister in Charge of Roads and Public Buildings,— Hon. E. A. Ransom — Salary, 11th December, 1928, to 31st March, 1929 358 11 0 House allowance, 11th December, 1928, to 31st March, 1929 .. .. .. .. 61 5 10 419 16 10 Minister of Railways, Minister of Customs, Commissioner of State Forests, and Minister in Charge of Publicity and Advertising Departments,— Hon. W. B. Taverner— Salary, 11th December, 1928, to 31st March, 1929 .. 358 11 0 Postmaster-General, Minister of Telegraphs, and Minister in Charge of Public Service Superannuation, Friendly Societies, and National Provident Fund Departments,— Hon. J. B. Donald— Salary, 11th December, 1928, to 31st March, 1929 358 11 0 House allowance, 11th December, 1928, to 31st March, 1929 .. .. .. .. 61 5 10 419 16 10 Minister of Internal Affairs, and Minister in Charge of Registrar-General's, Statistician's, Laboratory, Printing and Stationery, Audit, and Museum Departments,— Hon. P. A. de la Perrelle — Salary, 11th December, 1928, to 31st March, 1929 358 11 0 House allowance, 11th December, 1928, to 31st March, 1929 .. .. .. .. 61 5 10 419 16 10 Minister of Marine, Minister of Industries and Commerce, Minister of Immigration, and Minister in Charge of the Inspection of Machinery Department,— Hon. J. G. Cobbe — Salary, 11th December, 1928, to 31st March, 1929 358 11 0 House allowance, 11th December, 1928, to 31st March, .1929 .. .. .. .. 61 5 10 419 16 10 Minister of Health and Minister in Charge of the Mental Hospitals Department,— Hon. A. J. Stallworthy— Salary, 11th December, 1928, to 31st March, 1929 358 11 0 House allowance, 11th December, 1928, to 31st March, 1929 .. .. .. .. 61 5 10 41.9 16 10 Attorney-General, and Leader of the Legislative Council, — Hon. T. K. Sidey— House allowance. 11th December, 1928, to 31st March, 1929 .. .. .. .. .. 61 5 10 15,893 16 11 PART V. Native : — Transfer to Vote Health, being Civil List contribution towards —■ Maori Medical services .. .. .. .. 3,000 0 0 Medical services; Native nurses .. .. .. 600 0 0 ; 3,600 0 0 Food-supplies .. .. .. .. .. .. 3,031 2 6 Native Hostel, New Plymouth— Household requisites .. .. .. .. 31 10 1 Water-supply .. .. .. .. .. 11 19 4 Repairs .. .. .. .. .. 920 Lighting .. .. .. .. .. 13 16 0 1 66 7 5 Native Hostel, Tauranga— Removing fence .. .. .. .. . . 3 0 0 Water-supply .. .. .. .. .. 664 9 6 4 Orakei Native Settlement Water-supply .. . . .. 13 18 1 Contingencies .. .. .. . . .. .. i 52 17 9 6,773 12 1 Total .. .. .. .. .. .. £30,167 9 0

85

B.—l [PT. I].

UNAUTHORIZED EXPENDITURE ACCOUNT PRESENTED UNDER SECTION 58 OF THE PUBLIC REVENUES ACT, 1926.

B.—l [PT. I]

96

PUBLIC ACCOUNTS, 1928- 1 9 2 9

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT for the FINANCIAL YEAR ended 31st March, 1929.

T . , _ (Under Section 58 of the Public Revenues Act, 1926.) £ s. d. £ s. d. £ s. d. £ s. d. CONSOLIDATED FUND. Ordinary Revenue Account. FOR SERVICES NOT PROVIDED FOR. ; Treasury Department— Additional grant to cover expenses of the Secretary to j ! the Treasury, visiting Great Britain on official business 250 0 0 Expenses of A. D. Park, Assistant Secretary, returning to New Zealand from Samoa via Sydney on departmental business .. .. .. .. 7803 328 0 3 Stamp Duties Department— Grant to the widow of the late F. D. Morris, being equivalent of six weeks' leave due .. .. 49 0 9 Refund of stamp duty paid on Agreement of Sale, D. and J. Brown to J. Thompson and another, application for refund not having been made within twelve months as required by statute .. .. 12 10 0 ; 61 10 9 Native Department— Cost of engineering survey of road through Whakarewarewa Village and foot of hills at back, with plan and section of same .. .. .. .. .. 58 18 6 External Affairs Department— Payment to Messrs. Mackrell, Maton, Godlee, and Quincey, solicitors, London, for professional services rendered in connection with the application of 0. F. Nelson to the Privy Council for leave of appeal against his deportation from Western Samoa .. .. .. 400 9 2 Industries ami Commerce Department— | Travelling-expenses and allowance of L. J. Schmitt whilst on special inspection work in Australia .. .. j .. 79 10 6 I Justice Department— Compassionate grant to the widow of the late W. Heaps, Sheriff, Nelson .. .. .. .. .. 200 0 0 Salary of Michael Foley, Clerk of Court, Christchurch, from 1st April, 1929, to 31st July, 1929, leave on retirement .. .. .. .. .. 171 13 4 Salary of G. Cruickshank, S.M., Invercargill, from 1st April, 1929, to 31st May, 1929, granted three months' leave of absence on retirement .. .. .. 150 0 0 . ! —. 521 13 4 ! Prisons Department— Grant to widow of the late John Smyth, Secretary of Prisons Board, equivalent to leave due .. .. .. 43 17 2 Pensions Department— Special annuities— Laura Hood, 1st August, 1928, to 31st March, 1929 64 18 8 Dorothy Moncrieff, 1st August, 1928, to 26th September, 1928.. .. .. .. .. 13 2 7 W. C. Smith, 25th May, 1923, to 28th February, 1929 j 74 19 11 John Shortt, 1st January to 31st December, 1928 .. 10 0 0 Mysie McDonnell, 26th December, 1928, to 29th •January, 1929 .. .. .. .. 12 10 0 Professor A. W. Bickerton, 1st October, 1928, to 31st January, 1929 .. .. .. .. 40 0 0 Salary of Miss A. Wilkins, for period 1st to 19th April, 1929 (officer leaving New Zealand for England) .. 9 15 4 225 6 6 Internal Affairs Department— Salary of -T. W. Mawson, Director of Town-planning, for period 1st October, 1928, to 31st March, 1929 ' .. 100 0 0 Grant to R. B. Hammond, Director of Town-planning, for services rendered .. .. .. .. 100 o 0 Payment to State Advances Office of interest and principal on loan due by W. J. Mather, who was injured while in the employ of the State .. .. .. 24 5 0 Payment to Mr. Hurst Seager for services rendered in connection with the Wellington Citizens'War Memorial 250 0 0 Ex gratia payment to Mrs. Moncrieff, mother of Lieui tenant Moncrieff, victim of attempted Tasman flight.. 200 0 0 i Grant to J. W. Black, Private Secretary, equivalent to six months' salary in lieu of leave on retirement .. 307 10 0 Railway passes to veterans attending annual conference of His Majesty's veterans of the Maori War .. 23 11 4 Travelling-expenses of delegates to Paris in connection with the signing of the Kellogg Peace Pact .. 74 11 5 Railway passes for members of the Jubilee Institute for the Blind Band.. .. _ 32 16 5 1,112 14 2 Carried forward .. .. ., j ,. 2,832 0 4

87

B.—l [Ft. 1

PUBLIC ACCOUNTS, 1928-192 9.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

CONSOLIDATED FUND — continued. £ s. d. £ s. d. £ s. d. £ s. d. Ordinary Revenue Account—continued, FOR SERVICES NOT PROVIDED FOR—continued. Brought forward .. .. .. .. 2,832 0 4 Public Service Commissioner'' s Office — Grant to P. D. N. Verschaffeldt, Public Service Commissioner, towards travelling allowances and expenses incurred in connection with visit to Samoa and Australia .. .. .. .. .. .. 35 0 0 Printing and Stationery Department— Compassionate allowance to widow of the late H. R. Page, Chief Reader .. .. .. .. .. 200 0 0 ! Health Department— Compassionate allowance to widow of the late J. O'Connor, late gardener, King George V Hospital, Rotorua .. 52 0 0 Grant to Wairau Hospital Board towards cost incurred in maintenance and treatment of patients admitted from the Picton Hospital Board district .. .. 300 0 0 Grant to estate of the late E. Howland, porter, Pukeora Sanatorium, equivalent to twenty-five days' leave due 11 9 5 Part of grant towards expenses of Dr. Valentine, Director-General of Health, visiting England .. 30 0 0 Salary of E. A. S. Killick, Secretary, from 1st April, 1929, to 22nd June, 1929, special leave on resignation .. 140 1 8 Preliminary expenses in connection with the administration of the Opticians Act, 1928 .. .. .. 4 10 0 Grant to widow of the late P. L. Hickes, Bacteriologist, Napier Hospital, equivalent to six weeks' leave due 47 19 8 Reception of members of the British Medical Association attending Annual Conference at Wellington .. 33 9 1 Grant to Waipiata Sanatorium Committee to meet extra cost of completing new laundry .. .. .. 45 0 0 664 9 10 | Defence Department— Grant to widow of the late Lieut.-Colonel Andrews, being equivalent of one month's leave and accrued war leave .. .. .. .. .. 154 7 8 Grant to Private H. J. Adams, N.Z. Army Ordnance Corps, being equivalent of three months' leave on retirement and accrued leave .. .. .. 88 10 I Salary of Miss P. J. Goodwin, office assistant, for period 1st to 7th April, on leave of absence .. .. 3 12 0 Amount realized by sale of unissued silver war badges and credited to War Expenses Account, now refunded to War Office .. .. .. .. .. 298 9 3 544 19 0 Marine Department— Expenses incurred by the Public Works Department in connection with the Napier Harbour Commission .. .. 49 9 6 Labour Department— ! Payment to A. D. Thomson whilst conducting inquiry for Public Service Commissioner into annulment of appointment of L. W. Metcalf, Inspector of Factories .. 15 15 0 Lands and Survey Department— Grant to J. H. W. Wardrop, Chief Clerk, equivalent to three months' salary, in lieu of leave on retirement .. 106 5 0 Grant to W. F. Neill, Surveyor-General, equivalent to six months' salary in lieu of leave on retirement .. 400 0 0 Grant to J. Stevenson, Commissioner of Crown Lands, Blenheim, equivalent to five months' salary in lieu of leave on retirement .. .. .. .. 245 16 8 Salary of W. F. Kennedy, clerk, for period 1st to 9th April (officer proceeding on annual and special leave) 7 7 6 Salary of J. Fletcher, draughtsman, for period 1st to 15th April, having resigned as from 15th April .. .. 12 5 10 Contribution towards access to Ahipara gum-washing area .. .. .. .. .. .. 420 4 10 1,191 19 10 Valuation Department— Compensation to the estate of the late R. L. C. Philip, Valuer, accidentally killed in the course of his employment .. .. .. .. .. .. . . 1,050 0 0 Carried forward .. .. .. .. 6,583 13 6

B.—i [Pt. I].

88

PUBLIC ACCOUNTS, 1928-1 9 2 9.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

CONSOLIDATED FUND —continued. £ s. d. J £ s. d. J £ s. d. £ s. d. | Ordinary Revenue Account— continued. FOR SERVICES NOT PROVIDED FOR—continued. Brought forward .. .. .. j .. 6,583 13 6 Agriculture Department— Travelling' allowances and expenses of J. A. Campbell, Director of the Horticultural Division, in connection with his visit to Australia .. .. ... 149 0 11 Payment to I. J. Cunningham, clerk, Chemical Laboratory, salary and allowance for April, and steamer fare to England to take up duty at the Rowett Institute, Aberdeen .. .. .. .. 151 0 0 Salary, Mrs. A. M. Quirk, Shorthand-typist in Charge, Head Office, for period 1st to 12th April, 1929 .. 7 10 0 Grant to widow of late E. McCarthy, clerk, Head Office, equivalent to six weeks' leave due .. .. 38 7 10 !_- 345 18 9 Education Department— Pee for valuing buildings in Mercer Street, Wellington, occupied by the Wellington Education Board .. 21 0 0 Grant to Miss Eraser, teacher of Special School for Girls, Richmond, granted six months' leave of absence without salary, to visit Great Britain, Canada, and United States in order to study the methods of teaching subnormal children in those countries .. .. I 75 0 0 Grant towards expenses of F. Milner, representing | ! New Zealand at Empire Educational Conference held at Vancouver .. .. .. .. .. 50 0 0 ' i 146 0 0 Scientific and Industrial Research Department— Travelling-expenses of H. E. West, incurred in travelling from Canada to take up the appointment of Wheat Research Chemist of New Zealand .. .. i 81 5 0 Grant to Massey Agricultural College for wool research work .. .. .. .. .. .. 250 0 0 Grant to Cawthron Institute for expenses in connection with training of research officer .. .. .. 25 0 0 Compensation to Lyndon Bastings in connection with cancellation of appointment to the Meteorological Branch .. .. .. .. .. 250 0 0 1 606 5 0 Public Works Department— Payment to members of Electric-supply Regulations Advisory Committee .. .. .. .. 52 10 0 Compassionate allowance to J. Mulholland, late gardener, parliamentary grounds .. .. .. .. 7500 Compassionate allowance to Mrs. Mary Boys, widow of late W. H. Boys, Chief Clerk, Public Works Department, Gisborne.. .. .. .. .. 150 0 0 1 277 10 0 7,959 7 3 FOR SERVICES IN EXCESS OF VOTES. Vote 1 —Legislative .. .. .. .. .. 2,016 8 3 Vote 12—External Affairs .. .. .. .. .. 196 14 2 Vote 17—Crown Law .. .. .. .. .. 1 45 3 4 Vote 21—Internal Affairs .. .. .. .. .. 14,801 16 6 Vote 25 —Mental Hospitals .. .. .. .. .. 8,393 9 10 Vote 28 —Defence .. . . .. .. .. ■. 1 404 4 4 Vote 36 —Agriculture .. .. .. .. •• 7,969 9 10 Vote 38 —Education .. .. .. .. .. 9,485 8 1 , 43,312 14 4 Total, Consolidated Fund .. .. , .. j , 51,272 1 7 PUBLIC WORKS FUND. General Purposes Account. FOR SERVICES NOT PROVIDED FOR. Retiring-allowance to C. H. Williams, Assistant Road Engineer, Public Works Department .. .. .. .. i 76 13 4 FOR SERVICES IN EXCESS OF VOTES. ' Vote 41—Public Works Departmental .. .. .. 2,910 18 7 Vote 62 —Contingent Defence .. .. .. .. 17,652 5 3 I 20,563 3 10 Total, Public Works Fund .. .. .. 20,639 17 2 Carried forward .. .. .. .. .. 71,911 18 9

89

B.—l [Pt. I

PUBLIC ACCOUNTS, 1928-192 9.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

I £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. ! .. .. .. 71,911 18 9 SEPARATE ACCOUNTS. Hauraki Plains Settlement Acco^int. FOR SERVICES NOT PROVIDED FOR. Refund of rates in Hauraki Plains West and Netherton drainage areas. (The lands were exempted from rates under the Hauraki Plains Act, 1926, pursuant to Section 13 (8) of that Act, but this exemption apply to the rates in question, which had already been levied) .. j .. . » .144 18 3 Main Highways Account. , Revenue Fund. FOR SERVICES NOT PROVIDED FOR. Payment to Post and Telegraph Department to cover cost of recording notifications of change of ownership of motor-vehicles .. .. .. .. .. .. .. .. i 9,705 3 0 ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT. Post and Telegraph Department. FOR SERVICES NOT PROVIDED FOR. i j j Expenses incurred by J. Robertson, Assistant Secretary, in visiting Australia on departmental business .. • • ■ • • • 48 2 2 j Expenses incurred by P. V. R. C. Miles, Telegraph Engineer, j in visiting Australia for purpose of observation work in i connection with installation of carrier current system .. .. .. 129 15 7 Grant to G. McNamara, Secretary, to cover expenses whilst attending Postal Union Conference .. .. .. .. .. 1,400 0 0 i 1,577 17 9 Government Life Insurance Department. FOR SERVICES NOT PROVIDED FOR. Salary of Miss I. R. M. Porter, 1st to 30th April, 1929, on leave of absence .. .. .. .. .. .. .. .. 17 1 8 | PUBLIC SERVICE SUPERANNUATION FUND. FOR SERVICES IN EXCESS OF VOTE. Vote 83 —Public Service Superannuation Fund Office .. .. .. .. 246 13 8 j I Total .. .. .. .. .. .. .. £83,803 13 1 Surplus Credits in Aid applied in Terms of Section 51, Subsection (3), of the Public Revenues Act, 1926. £ s. d. £ s. d. £ s. d. £ s. d. CONSOLIDATED FUND. Ordinary Revenue Account. Vote 23—Public Service Commissioner's Office .. .. 122 7 10 Vote 36 —Department of Agriculture .. .. .. .. 9,340 13 9 9,463 1 7 PUBLIC WORKS FUND. General Purposes Account. Vote 62—Contingent Defence .. .. .. .. ! •• 4761811 j £9,940 0 6

B. —1 [PT. I].

90

PUBLIC ACCOUNTS, 1928-192 9.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT —continued. SUMMARY.

R. E. Hayes, Secretary to the Treasury. A. D. Park, Assistant Secretary to the Treasury. Examined and found correct. The Treasury, Wellington, 2nd July, 1929. G. F. C. Campbell, Controller and Auditor-General. sth July, 1929.

Unauthorized Expenditure. unauthorized Amount Authority. expended. For services in connection with Working Railways under the control of the Government £ s. d. £ s. d. Railways Department .. .. .. .. .. .. .. .. 100,000 0 0 For all other services.. .. .. .. .. .. .. .. .. 150,000 0 0 83,803 13 1 Total Unauthorized Expenditure .. .. .. .. .. £250,000 0 0 83,803 13 1 Surplus credits in aid expended .. .. .. .. .. .. .. .. 9,940 0 6 Total Expenditure in excess of Appropriation .. .. .. .. £93,743 13 7

B. —1 [PT. I].

91

SUMMARY OF CERTIFIED STATEMENTS OF LIABILITIES PRESENTED UNDER SECTION 46 OF THE PUBLIC REVENUES ACT, 1926.

13— B. 1 [Pt. I].

13.—1 \PT. I

92

PUBLTC ACCOUNTS, 1 928- 1 929.

SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1929, as rendered by respective Departments in terms of .Section 46 of the Public Revenues Act, 1926. CONSOLIDATED FUND, ORDINARY REVENUE ACCOUNT. Civil List:— Permanent Charges. £ s . d. Native purposes .. .. .. .. .. .. .. .. 237 14 10 Under special Acts :— £ s. d. Appropriation Act, 1926, Sect-ion 15 .. .. .. 421 8 5 Education Act,*l9l4 .. .. .. .. .. 3,329 10 0 Family Allowances Act, 1926 .. .. .. .. 32 1 8 Finance Act, 1925, Section 8 .. .. .. .. 267 13 1 High Commissioner Act, 1908 .. .. .. .. 166 13 4 Hospitals and Charitable Institutions Act, 1926 .. .. 32,043 2 0 National Provident Fund Act, 1926, Section 42 (2) .. .. 4,164 0 0 National Provident Fund Act, 1926, Section 70 .. .. 486 0 0 New Zealand University Amendment Act, 1914 .. .. 4,625 0 0 Pensions Act, 1926— £ s. d. Old-age Pensions . . .. .. .. 203 9 2 Widows' Pensions .. .. .. .. 281 12 6 Military Pensions . . .. .. .. 12 5 0 Miners' Pensions .. . . .. .. 3 15 10 Pensions for the Blind . . .. .. 3 10 10 504 13 4 Slaughtering and Inspection Act, 1908 .. .. . . 2,080 4 8 Stock Act, 1908 .. .. .. .. .. .. 1,214 17 7 War Pensions Act, 1915 .. . . .. .. .. 514 17 5 — 49,850 I 6 Refunds of Revenue : — Stamp and Death Duties .. .. .. .. .. 4,794 1 2 Registration and other Fees — £ s. d. Births, Deaths, and Marriages .. .. .. 17 6 Orchard-tax Act, 1927, Section 3 .. .. 0 13 6 2 1 0 Miscellaneous Revenue .. .. .. .. .. 100 4,797 2 2 Votes. Legislative Departments .. .. .. .. .. .. .. 4,181 16 I Prime Minister's Department . . .. .. ... .. . . .. 24 16 5 Treasury Department .. .. .. .. .. .. .. 1,11686 National Provident and Friendly Societies Department .. .. .. .. 1,568 7 5 Land and Income Tax Department .. .. .. .. .. .. 15,615 0 3 Stamp Duties Department .. .. .. .. .. .. . . 543 7 7 Public Buildings .. .. .. .. .. .. .. .. 10,174 4 9 Government and other Domains .. .. . . .. .. .. 98 5 8 Maintenance and Repairs to Roads '.. .. .. .. .. .. 3,113 13 2 Maintenance of Irrigation-works, &c. .. .. .. .. .. .. 1,471 11 9 Native Department .. . . .. .. . . . . . . .. 311 10 5 Department of External Affairs .. .. .. .. .. .. 71142 Cook Islands .. .. .. .. .. .. .. .. 2,461 2 5 Department of Industries and Commerce . . .. ' . . . . . . 300 311 Department of Justice .. .. .. .. .. .. .. 3,171 1 9 Prisons Department .. .. .. .. .. .. .. 9,561 6 3 Crown Law Office .. .. .. .. .. .. .. .. 31 3 2 Police Department .. .. .. .. .. .. .. .. 2,597 11 6 Pensions Department.. .. . . .. .. . . .. . . 6 18 8 Mines Department .. .. .. .. .. .. .. .. 1,655 19 11 Department of Internal Affairs .. .. .. .. .. .. 36,572 18 9 Audit Department . . .. . . . . .. .. . . .. 349 15 10 Public Service Commissioner's Office .. .. . . .. .. .. 69 8 11 Printing and Stationery Department .. .. .. .. .. .. 7,416 6 7 Mental Hospitals Department .. . . . . .. . . . . .. 7,574 3 7 Department of Health .. .. .. .. .. .. .. 12,257 19 II Naval Defence .. .. .. .. .. .. .. .. 6,126 0 1 Defence Department .. .. .. .. .. .. .. . . 22,200 011 Customs Department .. .. .. .. .. .. .. 2,657 12 3 Marine Department .. .. .. .. .. .. .. .. 3,007 12 1 Department of Labour . . . . .. .. .. .. 2,065 6 4 Department of Lands and Survey .. .. .. .. .. .. 5,630 19 8 Scenery Preservation . . . . .. .. '. . .. .. 136 111 Valuation Department .. .. .. .. .. .. .. 1,768 2 4 Electoral Department .. .. .. .. . . .. .. 814 15 9 Department of Agriculture .. .. .. .. .. .. .. 42,656 17 3 Department of Tourist and Health Resorts .. .. .. .. .. 6,861185 Department of Education .. .. .. .. .. .. 32,576 17 5 Department of Scientific and Industrial Research .. .. .. .. 4,959 J8 8 Unauthorized Expenditure— £ s. d. Police Department . . . . .. .. .. 159 19 5 Native Department .. .. .. .. .. 11l 9 8 Internal Affairs Department .. .. .. .. 21 8 6 292 17 7 Imprest Supply Act, 1927, Section 4- .. .. .. .. .. 227 0 0 Local Bodies Empowering (Relief of Unemployment) Amendment Act, 1928, Section 3 721 4 0 Total; Ordinary Revenue Account .. .. .. .. £310,544 10 6

93

B.—l [Pt. IJ.

PUBLIC ACCOUNTS, 1928- 1 929. SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1929, as rendered by respective Departments in terms of Section 46 of the Public Revenues Act, 1926 —continued. PUBLIC WORKS FUND, GENERAL PURPOSES ACCOUNT. Votes. £ s. d. Public Works, Departmental .. .. .. .. .. .. .. 3,934 14 1 Railway-construction .. .. .. .. .. .. .. 56,812 11 10 Additions to Open Lines .. .. .. .. .. .. .. 37,908 5 8 General .. .. . . .. .. .. .. .. .. 368 9 9 Courthouses .. .. .. .. .. .. .. .. 748 15 1 Prison Buildings and Works .. .. .. .. .. .. .. 1,115 2 5 Police-stations .. .. .. . . .. .. .. .. 929 2 8 Postal and Telegraph.. .. .. .. ... .. .. .. 6,198 14 11 Agricultural .. .. .. . . .. .. .. . .2319 7 Mental Hospital Buildings .. .. .. .. .. .. 10,793 510 Health and Hospital Institutions .. . . .. .. .. .. 310 15 4 Timber-supply and Sawmills, &c. .. .. . . .. .. .. 426 8 3 Acquisition and Operation of Quarries, &c. .. .. .. .. .. 1,637 4 7 Lighthouses .. .. .. .. .. .. .. .. 415 0 Harbour-works .. .. . . .. .. .. .. .. 258 17 7 Development of Tourist Resorts .. .. .. .. .. 2,601 4 3 Department of Immigration .. .. .. .. .. .. .. 8,520 19 5 Roads, &c. .. . .. .. .. .. .. .. .. 74,460 3 3 Roads to give Access to Outlying Districts .. .. .. .. .. 2,802 910 Roads, &c., on Goldfields .. .. . . .. .. .. . . 157 18 0 Telegraph Extension .. .. .. .. .. .. .. .. 206,835 15 10 Contingent Defence .. .. .. .. .. .. . . .. 917 19 10 Lands, Miscellaneous .. .. .. .. .. .. .. 2,172 1 7 Irrigation, Water-supply, and Drainage .. .. .. .. .. 5,967 12 1 Plant, Material, and Stores .. .. .. .. .. .. .. 4,247 3 0 Total of Public Works Fund, General Purposes Account .. ..£430,154 9 8 Public Works Fund — £ s. d. £s. d. Waihou and Ohinemuri Rivers Improvement Account .. 8,047 11 8 Electric Supply Account .. .. .. .. .. 112,612 9 0 — 120,660 0 8 Deteriorated Lands Account .. .. .. .. .. .. .. 257 19 2 Discharged Soldiers Settlement Account . . . . .. .. . . 167 11 4 Education Loans Account . . .. . . . . .. . . 7,992 4 2 Hauraki Plains Settlement Account .. .. .. .. .. .. 4,643 10 4 Land for Settlements Account .. .. . . .. . . . . 2,231 9 7 Main Highways Account — £ s. d. Revenue Fund .. .. .. .. .. .. 91,699 7 1 Construction Fund .. .. .. .. .. 130,156 8 5 221,855 15 6 Mining Advances Account .. .. .. .. .. .. .. 114 0 National Endowment Account . . . . . . .. . . .. 402 14 3 National Endowment Trust Account .. .. .. .. .. .. 1,272 15 9 Native' Land Settlement Account .. .. .. .. .. .. 8,793 14 1 Railways Improvement Authorization Act, 1914, Account. . .. .. .. 176,333 16 4 Rangitaiki Land Drainage Account .. .. .. .. .. .. 1,745 179 State Coal-mines Account .. .. .. .. .. .. .. 15,931 8 1 State Forests Account .. .. .. ... .. .. .. 9,817 18 5 Swamp Land Drainage Account .. .. .. .. .. .. 5,825 16 6 Westport Harbour Account .. .. .. .. .. .. .. 2,331 410 Working Railways Account .. .. .. .. .. .. .. 335,100 13 6 Government Insurance Account .. .. .. .. .. .. 2,031 110 Government Accident Insurance Account .. .. .. .. .. 387 15 7 Native Trustee's Account . . .. .. .. . . .. .. 100 4 7 Post Office Account .. .. .. .. .. .. .. .. 65,962 15 5 Public Service Superannuation Fund Account . . .. .. . . .. 169 18 7 Public Trust Office Account .. .. .. .. .. .. 6,696 7 5 State Advances Account — £ s. d. Advances to Settlers Branch .. .. .. . . 2,101 1 5 Advances to Workers Branch .. .. .. .. 2,887 3 11 Miscellaneous Business Branch .. .. .. .. 3,644 11 6 Public Debt Sinking Fund Branch .. .. .. .. 11,515 14 9 20,148 11 7 State Fire Insurance Department .. .. .. .. .. .. 114 7

B.—l [PT. I].

94

PUBLIC ACCOUNTS, 1928- 192 9.

SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1929, as rendered by respective Departments in terms of Section 46 of the Public Revenues Act, 1926 —continued. SUMMARY. £ a. d. Consolidated Fund —Ordinary Revenue Account .. .. .. .. 310,544 10 6 Public Works Fund — £ s. d. General Purposes Account .. .. .. .. 430,154 9 8 Waihou and Ohinemuri Rivers Improvement Account .. 8,047 11 8 Electric Supply Account .. .. .. .. .. 112,612 9 0 550,814 10 4 Deteriorated Lands Account . . .. .. .. .. . . .. 257 19 2 Discharged Soldiers Settlement Account .. . . .. .. .. 167 11 4 Education Loans Account . . .. . . .. .. .. 7,992 4 2 Hauraki Plains Settlement Account .. .. .. .. .. 4,643 10 4 Land for Settlements Account .. .. .. .. .. 2,231 9 7 Main Highways Account— £ s. d. Revenue Fund .. .. .. .. .. .. 91,699 7 1 Construction Fund .. .. .. .. .. 130,156 8 5 221,855 15 6 Mining Advances Account .. .. .. .. .. .. .. 114 0 National Endowment Account .. .. .. .. .. .. 402 14 3 National Endowment Trust Account .. .. .. .. .. .. 1,272 15 9 Native Land Settlement Account .. .. .. .. .. .. 8,793 14 1 Railways Improvement Authorization Act, 1914, Account.. .. .. .. 176,333 16 4 Rangitaiki Land Drainage Account .. .. .. .. .. . . 1,745 17 9 State Coal-mines Account .. .. .. .. .. . . 15,931 8 1 State Forests Account .. .. .. .. .. .. .. 9,817 18 5 Swamp Land Drainage Account .. .. .. ■ .. .. 5,825 16 6 Westport Harbour Account .. .. .. .. .. .. .. 2,331 410 Working Railways Account .. .. .. .. .. .. .. 335,100 13 6 Government Insurance Account . . .. .. .. . . 2,031 110 Government Accident Insurance Account .. .. .. . . .. 387 15 7 Native Trustee's Account .. .. .. .. .. .. .. 100 4 7 Post Office Account .. .. .. .. .. .. .. .. 65,962 15 5 Public Service Superannuation Fund Account .. .. .. .. . . 169 18 7 Public Trust Office .. .. .. .. .. .. .. 6,696 7 5 State Advances Account .. .. .. .. .. .. .. 20,148 11 7 State Fire Insurance Account .. .. .. .. .. .. .. 114 7 Total, all accounts .. .. .. .. .. £1,751,563 14 0 Note.—As the law does not require these figures to be audited, the Audit Office has not examined this statement

Approximate Cost of Paper.—Preparation, not given ; printing (620 copies), £187 10s. By Authority : W. A. G. Skinnkr, Government Printer, Wellington.—l 929. Price It. 9d.]