PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1931-1932. PART II. PREPARED BY THE TREASURY DEPARTMENT. CERTIFIED TO BY THE CONTROLLER AND AUDITOR-GENERAL UNDER THE PUBLIC REVENUES ACT, 1926. ALSO REPORT OF THE CONTROLLER AND AUDITOR-GENERAL.

Appendix to the Journals of the House of Representatives, 1932 Session I-II, B-01-part02

8.~ 1 [Pt. ll].

1932. NEW ZEALAND

PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1931-1932. PART II. PREPARED BY THE TREASURY DEPARTMENT. CERTIFIED TO BY THE CONTROLLER AND AUDITOR-GENERAL UNDER THE PUBLIC REVENUES ACT, 1926. ALSO REPORT OF THE CONTROLLER AND AUDITOR-GENERAL.

i—B. 1 [PT. ll].

B.—i ;PT. ii].

CONTENTS.

PAGE AUDITOR-GENERAL'S REPORT .. .. .. .. .. •• •• •• "i Statement of Irregularities in Connection with Public Moneys and Stores .. .. .. vii • Schedule of Imperfect Vouchers .. .. .. .. .. • • • • • • x Statement showing Sums irrecoverable by the Crown .. .. .. .. .. xxxv SUMMARY OP TRANSACTIONS AND BALANCES:— CASH Accounts .. .. .. .. .. •• •• • • • • • ■ 1 Summary of Balances .. .. .. .. .. • • • • • • ■ • 3 Explanatory Statement of Investments .. .. .. • • • • • • • ■ 4 Interest, Conversion, and Redemption Remittance Account .. .. .. .. .. 5 DETAIL STATEMENT OP REVENUE:— Ordinary Revenue .. .. .. .. .. .. • • • • • • • • 6 Ordinary Revenue, Interest on Public Debt Redemption Pund .. .. .. .. 9 Ordinary Revenue, Interest on other Public Moneys .. .. .. .. .. 9 Ordinary Revenue, Miscellaneous Revenue .. .. .. .. .. • • • ■ 11 RECOVERIES ON ACCOUNT OP EXPENDITURE OF PREVIOUS YEARS:— Consolidated Fund (Ordinary Revenue Account) .. .. .. .. .. .. 14 Public Works Fund (General Purposes Account) .. .. .. .. .. .. 85 Public Works Fund (Electric Supply Account) .. .. .. .. .. .. 86 Land for Settlements Account .. .. .. .. . ■ •• • • • - 86 Main Highways Account (Revenue Fund) .. .. .. .. .. • • • • 100 Main Highways Account (Construction Fund) .. .. .. .. .. .. 100 State Coal-mines Account .. .. .. .. .. ■ • • • • • • • 100 State Forests Account .. .. .. .. .. .. • • • • ■ • 100 DISBURSEMENTS UNDER CIVIL LIST ACT, 1920 (see 8.-l [PT. I]). DISBURSEMENTS UNDER SPECIAL ACTS:— Debt Services, Interest .. .. ~ .. .. .. .. • • • • 16 Debt Services, Amortization of Debt — Sinking Fund .. .. .. .. .. .. •. • • • • • • SI Repayment op Funded Debt .. .. .. .. .. •. • • . • SI Repayment of the Public Debt Act, 1925 .. .. .. .. .. .. 51 Securities redeemed .. .. .. .. .. .. .. .. .. 52 Transfer to Loans Redemption Account .. .. .. .. .. .. .. 52 Debt Services, Administration and Management .. .. .. .. .. .. 52 Debt Services, Payments on Guaranteed Loans .. .. .. .. .. .. 53 Other Services .. .. .. .. .. • • • • • • • • • • 54 UNAUTHORIZED EXPENDITURE (see 8.-l [Pt. I]). DISBURSEMENTS UNDER RURAL INTERMEDIATE CREDIT ACT, 1927, SECTION 16 .. .. 64 IMPRESTS OP THE CONSOLIDATED FUND (ORDINARY REVENUE ACCOUNT) OUTSTANDING.. 64 STATEMENT OF BALANCES IN RESPECT OP PAYMENTS MADE ON BEHALF OF OTHER GOVERNMENTS .. .. .. .. •. • • . • • • • • • • 64 LOCAL BODIES' ACCOUNTS:— Endowments of Land .. .. .. .. .. . • ■ • • • • • 65 Goldfields Revenue .. .. .. .. .. . • • • • • • • • • 65 Gold Duty .. .. . • • • • • • • • • • • • • • ■ • • 66 Fees and Fines .. .. .. .. ■ ■ • • • • • • • • • • 66 Advance Accounts .. .. .. .. •. • • • • • • • • • • 68 DEPOSITS ACCOUNT:— Summary of Deposits Account .. .. .. .. .. .. .. .. 69 Details of Receipts and Disbursements of Deposit Accounts .. .. .. .. 70 Receipts and Disbursements under the Trustee Act, 1908 .. .. .. .. .. 84 IMPRESTS OF THE PUBLIC WORKS FUND OUTSTANDING .. .. .. .. .. 85 DETAIL STATEMENT OP TRANSACTIONS:— Land for Settlements Account .. .. .. .. .. .. .. .. 86 Loans Redemption Account .. .. .. .. .. •. •. • • • • 89 Temporary Transfers under Section 40 of the Public Revenues Act, 1926 .. .. 101

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PUBLIC ACCOUNTS FOR THE EINANCAL YEAR ENDED 31st MARCH, 1932.

REPORT OF THE CONTROLLER AND AUDITOR-GENERAL.

I have the honour to submit my report for the year ended 31st March, 1932, in terms of subsections (2) and (3) of section 89 of the Public Revenues Act, 1926, which sets out in detail the several headings under which the Controller and Auditor-General is required to present his report to Parliament, and which reads as follows : — "Bft. (1) The Treasury shall as soon as practicable after the end of every financial year prepare and send to the Audit Office a statement of the revenue and expenditure of the Public Account during that year. " (2) The Controller and Auditor-General shall forthwith examine that statement, and prepare and sign a report showing — " (a) The particulars of any discrepancies between such statement and the books of the Treasury : ' (6) Full particulars of every case in which the provisions of this or any other Act, or the regulations or any forms, have not been carried out or adopted, or have in any manner been varied or departed from : " (c) Every case of failure to deliver or send in accounts or to collect or account for any moneys or stores : " (d) All sums allowed or disallowed without vouchers or with imperfect vouchers or upon incorrect certificates : " (e) Any proceeding that may have been taken by or against any person in pursuance of the provisions of this Act or the regulations : " (/) AH unsatisfied surcharges which have been made by the Controller and AuditorGeneral and all surcharges disallowed by a Minister on appeal: ' " (g) In what accounts the Controller and Auditor-General has, with the consent of the Minister, dispensed with a detailed audit: " (h) Such other information as may be prescribed, or as the Controller and AuditorGeneral thinks desirable. "(3) The Controller and Auditor-General shall annex or append to the said report copies of all cases laid by him before the Attorney-General for his opinion, together with a copy of the opinion given in everv such case." " (4) The Controller and Auditor-General shall lay the said statement, together with his report thereon, before Parliament within fourteen days after the signing of the report if Parliament is then in session, and if not, then within fourteen days after the commencement of the next ensuing session." In reference to the last paragraph (4) above, I may explain that the full Statement of the Revenue and Expenditure of the Public Account is contained in two parliamentary papers—namely, 8.-l [Pt. I], which shows, under main headings, the receipts and payments of the funds and accounts comprising the Public Account, and also shows details of the expenditure under the annual appropriations, Civil List, and the Unauthorized Expenditure Account, and 8.-l [Pt. ll], which shows certain of the receipts and payments in greater detail than they are shown in 8.-l [Pt. I]. As the latter paper for 1931-32 has already been laid before Parliament, it is only necessary for me to present Part II in accordance with the usual practice. DISCREPANCIES IK THE ACCOUNTS. SECTION 89 (2) (a), PUBLIC REVENUES ACT, 1926. The differences between the Statement of accounts as submitted to Parliament and the Treasury books, owing to the method of treating investments under the authority of section 16 of the Finance Act, 1927 (No. 2), upon which I have reported on previous occasions, are still continued in the year's accounts. Under this authority certain amounts paid out of the various accounts by way of investment, though correctly entered as expenditure in the Treasury books, are omitted from the expenditure as shown in the published accounts and are treated as balances in hand. A further discrepancy exists owing to the changed method adopted by the Treasury of classifying the expenditure of the Ordinary Revenue Account under the head of " Permanent Appropriations." The old headings of expenditure were retained in the Treasury books, but the new headings were adopted in the statement of accounts submitted for audit. The auditing of the statement was thus

B.—l [Pt. ll],

rendered more difficult, but care was exercised to ensure that the amounts shown in the books under the old headings were brought under their appropriate headings in the Statement. The Statement correctly sets out the transactions under the new classification with one exception, which is as follows :— The interest on loans raised by the Government under the Rural Advances Act, 1926, has not been included under the heading " Debt Services—lnterest," but is included under the heading Other Special Acts —Miscellaneous." As these loans constitute a part of the debt of the New Zealand Government the interest thereon should, in the opinion of the Audit Office, be included under the heading "Debt Services —Interest," as in the case of other loans. As a result of the failure to include such interest, the amounts shown as " Total, Debt Services " in 8.-l [Part I], page 5, and the amounts shown as " Total, Other Services " on the same page would appear to be incorrectly stated. CASES IN WHICH THE PROVISIONS OF THE LAW HAVE NOT BEEN CARRIED OUT. SECTION 89 (2) (b), PUBLIC REVENUES ACT, 1926. Unemployment-relief Tax. Chatham Islands School-teachers are exempt from payment of the unemployment levy, but are liable for the emergency unemployment charge provided by the Unemployment Amendment Act, 1.931. The Unemployment Board was not in a position to render any relief to the residents of the islands, and therefore did not desire that the charge should be collected from Government officials employed there. The Director of Education, when advised of this position, asked Audit to pass the salaries of teachers without deduction being made in respect of the charge. The Audit Office pointed out that the statute required that the tax should be paid, but agreed to pass the salaries on receipt of information that the necessary validating legislation would be provided at the first available opportunity. Hawke's Bay Earthquake.—Temporary Business Buildings : Loan to Hastings Borough Council, £1,000. Part II of the Hawke's Bay Earthquake Act, 1931, confers authority, inter alia, for a local authority to borrow and the State Advances Superintendent to lend moneys for the purpose of repairing any damage caused by the earthquake. During the year a voucher in favour of the Hastings Borough Council for a loan of £1,000 for the erection of temporary buildings for business premises was submitted to the Audit Office, but it was pointed out that there was no authority available under which the loan could be granted. As it was not desirable that the payment should be held over until authority was obtained, Audit agreed to pass the voucher on an assurance being given by the Prime Minister that validating legislation would be provided during the next ensuing session. This legislation has since been obtained, and the necessary authority appears in section 48 of the Finance Act, 1931 (No. 4). Public Trust Office. —Stamp Duty on Interest from Government and Local-body Securities. Part IV of the National Expenditure Adjustment Act, 1932, provides for payment of stamp duty on interest derived from Government and Local-body loans. It was the intention of the Government to make all interest dutiable except that derived from securities exempted by the statute or by Order in Council. A legal opinion was obtained by the Public Trustee in which it was held that the Public Irust Office was not liable for the payment of stamp duty. As it was the clear intention that the Public Trustee should be liable for the duty, he was agreeable that the tax should be paid by the Public Trust Office, and the Audit Office passed the payments on receipt of an assurance from the Prime Minister that validating legislation would be provided during the next session of Parliament. Motor-spirits Taxation Act, 1927. Section 8 of the Motor-spirits Taxation Act, 1927, provides that a refund of tax should be made in respect of motor-spirits used for any purpose other than as fuel for a motor-vehicle in respect of which an annual license fee is payable under the Motor-vehicles Act, 1924. As motor-vehicles owned by a local authority and used exclusively in connection with the construction or maintenance of roads or streets were exempt from payment of annual license fees, local authorities were able to obtain a refund of tax in respect of motor-spirits used by these vehicles. The Auckland Transport Board and the Christchurch Tramway Board, not being local authorities within the meaning of the Act, not entitled to this refund, but on representations being made to the Minister of Transport it was decided that the exemption conferred on local authorities should be extended to include these Boards. Vouchers containing claims for refunds of tax paid were submitted to the Audit Office and were passed on an undertaking being given by the Minister of Finance that validating legislation would be provided during the next session. The necessary legislation has since been obtained, and appears in section 16 of the Finance Act, 1931 (No. 4). Government Fire Insurance Fund. Section 133 of the Public Revenues Act, 1926, required the Minister of Finance to pay in each financial year to the Public Trustee the sum of £10,000 for the purposes of a Fire Insurance Fund, the moneys to be used for the rebuilding or restoration of public buildings destroyed or damaged by fire. The statute provides that the fund shall not exceed £1.00,000.

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11l the course of the audit of the accounts showing the state of the fund it was noted that the annual contribution had not been paid to the Public Trustee during the financial year 19*31-32, and the matter was accordingly brought to the notice of the Treasury. During the last short session of Parliament the provisions of the Act requiring the payment to be made without further appropriation were amended, and the payments to the fund are now subject to annual appropriation by Parliament. Government Life Insurance Department.- Establishment of a Bank Account in Sydney. Section 26 of the Government Life Insurance Act, 1908, authorizes, inter alia, the establishment of the Government Life Insurance Account which is to be kept in the same bank as the Public Account which latter account is kept at the Bank of New Zealand (North End), Wellington^ The Department desired to establish an account with the Bank of New Zealand in Sydney in order to provide facilities for policyholders in Australia and to expedite the payment of claims. The Audit Office pointed out that there was no authority of law enabling the Department to open such an account, but agreed to pass transactions in connection therewith, provided an assurance was given by the Government that the necessary legislation would be introduced during the next ensuing session. The necessary legislative authority now appears in section 12 of the Finance Act, 1931 (No. 4). The Department desired to invest the surplus funds accumulated in this account, but Audit pointed out that there was no statutory authority available enabling this course to be followed. The investments were allowed by the Audit Office on receipt of an assurance from the Minister of Finance that validating legislation would be provided during the next ensuing session. Refunds of Unempioyment-tax erroneously paid. In many cases taxpayers overpaid the unemployment-tax payable by them, and regulations were prescribed to enable refunds to be made of amounts so overpaid. Vouchers for these refunds were in due course submitted, but, as the regulations were held to be ultra vires, there was no authority to make the payments. The Audit Office, however, agreed to pass the vouchers on receipt of advice from the Minister of Finance to the effect that validating legislation would be provided. The validating authority appears in section 32 of the Finance Act, 1931 (No. 4). Main Highways Revenue Fund. —Subsidies on Rates. Section 45 of the Finance Act, 1931 (No. 4), authorizes the payment of subsidies to County Councils and Road Boards from the Main Highways Revenue Fund at the rate of 2s. 6d. in the pound oil the average annual amount of all rates collected during the period of three years ended on the 31st March, 1930.° . v After this legislation had been passed it was discovered that certain anomalies would result from the fact that there had been Road Boards within some county areas during the triennial period ended 31st March, 1930, which had since been merged in the counties, and there was no authority for the payment of subsidies to the counties on the rates collected in these Road Board areas. Ihe Audit Office agreed to pass the payments for subsidy, however, on receipt of advice from the Prime Minister to the effect that validating legislation would be provided. The necessary legislation has since been passed and appears in section 39 of the Finance Act, 19-32. Unemployment Fund : Allowances to Members of the Unemployment Board. During the year vouchers were submitted for the payment of travelling-allowances to members of the Board. The Audit Office pointed out that there was no authority of law under which fixed allowances could be paid, and directed attention to the provision which authorized reimbursement of actual expenses reasonably incurred by members in the business of the Board. The vouchers were subsequently passed on receipt of advice to the effect that the Minister of Finance had approved of legislation being introduced which would validate the payments. The necessary legislation appears in section 32 of the Finance Act, 1931 (No. 4). Unemployment Fund.-Honoraria of Members of Women's Special Committee. The Unemployment Board, in accordance with the powers conferred on it by legislation, appointed a Committee of three women to make an investigation of the work which is being carried out by voluntary women's organizations. The Board desired to pay fees to the members of this Committee from the Unemployment Fund for the work done, but the Crown Law Office ruled that the proposed payments would be without authority of law. The Audit Office, however, - passed the vouchers for fees on receipt of a decision of Cabinet that validating legislation would be introduced during the next ensuing session. Change of Place of Payment of Principal or Interest on Securities after Issue. During the year several instances have come under the notice of the Audit Office in which the holders of securities have been allowed to change the place of payment of the principal or of the interest thereon from Australia to New Zealand, though the contract under which the loan was raised in Australia contained no provision for such change during the currency of the loan. The effect of the change was to enable the holder of the securities to escape the cost of exchange Australia - New Zealand. This concession prevented the Treasury from obtaining the advantage of the favourable exchange rate to which it was entitled. An opinion as to the validity of making such changes had already been given by the SolicitorGeneral, and he advised that no change in the place of payment may lawfully be made unless a

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specific power had been prescribed at the time of issue of the loan, or where such alteration does not impose any additional burden on the public revenue. The matter was brought under the notice of the Treasury. Payment fey Means of Drafts. Under the Finance Act, 1930 (No. 2), section 12, authority was given for payment of Government services by means of drafts. Prior to the enactment of this section the only method of payment authorized was by means of cheques, drawn by the" Paymaster-General on the Public Account, or by cheques drawn by the various Imprestees on their imprest accounts, which accounts could be funded only by means of cheques drawn by the Paymaster-General on the Public Account. Comment on this new system of payment was withheld pending the submission of certain questions connected therewith by the New Zealand Treasury to the Lords Commissioners of His Majesty's Treasury in London. In the opinion of the Audit Office the new system involves a weakening of the constitutional control by Parliament over the expenditure of public moneys, the two points in respect of which particular objection may be offered being — (1) The absence of any statutory limitation to the amount of such drafts which may at any time be outstanding. (2) The failure to confine the issue of drafts to sight drafts, or at least to restrict their purpose to the payment of services of the financial year in which they are issued. Regarding the first point, the Lords Commissioners of His Majesty's Treasury state, " They think that suitable limits for the operation of the procedure might have been fixed and arrangements made to keep the Controller and Auditor-General fully informed of drawings. If these steps had been taken his position under the law would appear to have been safeguarded." As a matter of fact, there is no statutory limitation of this nature, the only limitation being that placed by the Treasury on the issue of such drafts. Such limitation may be extended by the Treasury at will, and the making of payments by means of drafts is therefore placed beyond the control of Parliament, as the Controller and Auditor-General is not in a position to question the issue of drafts to any amount, provided the Treasury approved such issue. Regarding the second question, I would point out that the present practice might, if not restricted by Act, be extended by future Administrations and might have far-reaching effects. The Solicitor-General has ruled that the drawing of drafts amounts to borrowing from the bank within the meaning of section 44 of the Public Revenues Act, 1926. It is clear that unless the issue of drafts is limited to sight drafts, which it is not, it would be quite possible for any future Administration if it thought fit, in effect to borrow money by this method for considerable periods, and possibly by this means make payments and delay the accounting for such payments until after the end of the financial year in which they are made. Such a system would prevent the effective control by Parliament of the public expenditure to be made in any year. There is no limitation in the Act as to the period for which drafts may be drawn. The Act requires that drafts shall be "in such form as may be prescribed." No regulation was made prescribing the form of draft as required by the Act until the Ist August, 1932. The system of payment by drafts was, however, brought into operation at the beginning of April, 1929, and it would appear that all drafts drawn between that time and the Ist August, 1932, were drawn contrary to the provisions of law. It would also appear that, in view of the Solicitor-General's opinion and of the provisions of section 44 above referred to, the repayment to the bank of the amount of the drafts issued prior to the Ist August, 1932, was contrary to law. Section 44 reads as follows " Except as specially provided by any Act it shall not be lawful for the Government to borrow, nor for any bank or other person to lend to the Government, any moneys either by way of loan or overdraft, and every-engagement for the repayment of any such loan or overdraft shall be absolutely null and void." The Treasury has kept the issue of drafts within reasonable limits, and has in every case made such drafts payable at sight, and apart from the fact that drafts were issued in a form which had not been prescribed pursuant to the requirements of the Act, the Audit Office has no fault to find with the manner in which the authority given in the section authorizing the issue of drafts has been utilized. There is, however, no legal provision which would ensure that future Treasurers will administer the Act in the same reasonable manner, and the Audit Office would suggest that, in order that the principle of the constitutional control by Parliament over public expenditure may be fully maintained, the section should be amended by making it mandatory to issue only sight drafts, and by fixing a limit as to the amount of such drafts which, may at any time be issued and be unpaid. Section 17, Land Laws Amendment Act, 1927. Under subsection (5) (b) of this section certain charges on land to cover the cost of roading were abolished. Notwithstanding this abolition, an amount of £78 os. 10d., representing such charges in respect of the Wanganui River Trust loan block, was recovered by the Government during the year and credited to the Land for Settlements Account as recoveries on account of expenditure of previous years. The credit was passed on the promise of the Government to introduce legislation validating the recovery. Section 55, Public Revenues Act, 1926. This section requires that the Audit Office shall be satisfied that there is a sufficient balance in the Public Account to the credit of the fund, vote, or account before countersigning a requisition and bank order for the issue of moneys chargeable against such fund, vote, or account. The 1931 Budget contained proposals for the transfer to the Ordinary Revenue Account of £550,000 from the Reserve Fund Account, and £590,000 from the Discharged Soldiers Settlement Depreciation Fund. Before legislation had been introduced to give effect to these proposals the balance of the

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Ordinary Revenue Account proved insufficient to meet the demands made upon it, and the Treasury asked that, pending the introduction of the necessary legislation, credit be allowed in the Ordinary Revenue Account to the amount of the cash balances from time to time held in the two accounts from which the transfers were to be made. In view of an undertaking given by the Government to introduce legislation to give effect to the Budget proposals, I consented to the Treasury request. The legislation authorizing the transfers was duly introduced and enacted in the Finance Act, 1931 (No. 4), sections 4 and 8 respectively. Sections 64 and 87, Public Revenues Act, 1926, Section 87, in referring to the Abstract of the Revenue and Expenditure of the Public Account to be gazetted and laid before Parliament pursuant to section 85, requires that such Abstract shall comprise all payments made by the Paymaster-General or by imprestees during the period to which it relates. During the year the Treasury Cashier paid out of his Imprest Account various sums amounting to £314,154 15s. sd. to the Union Bank and the Bank of New South Wales, to establish a credit at the Bank of New Zealand, Sydney, for the payment of maturing debentures and of other services in Australia. These payments by the Treasury Cashier to the banks were not included in the Abstract, as required by section 87 quoted above, and the vouchers supporting such payments have not been submitted for audit in accordance with section 64 of the Public Revenues Act. The Imprest Account, instead of being cleared by means of the vouchers supporting the payments made therefrom, was cleared to the extent of £308,897 19s. by means of vouchers for payments made in Australia from the credit established with the Bank of New Zealand at Sydney. An amount of £5,256 16s. 5d., representing the cost of unused credit amounting to £5,973 Is. 3d. held by the bank in Sydney at 31st March, 1932, was shown in the Abstract as a balance held in the Treasury Cashier's Imprest Account in Wellington at that date, though in fact the amount had been paid out of the Imprest Account to the bank a considerable time before the end of the year, and the imprestee had received a voucher therefor. It will be seen that, as the Treasury Cashier was not credited with the amount he paid to the bank until receipt of vouchers from Australia covering the expenditure there some considerable time afterwards, he was left in the position of being responsible for some months for a large amount of money which he had paid to the bank to establish the credit in Australia. The system followed is contrary to 'aw, and in the opinion of the Audit Office is also unsound from an accountancy point of view. The attention of the Treasury was drawn to the matter in October, 1931, and the introduction of a more correct system was suggested, but no action was taken. The Audit Office has reason to believe that there are other similar cases in which payments have been made from the Imprest Account but not brought into the Abstract, and for which the vouchers have not been submitted for audit in accordance with section 64 of the Public Revenues Act. Section 100, Public Revenues Act, 1926. This section requires that where public moneys are to be issued for investment the Audit Office must first satisfy itself that the moneys are available and applicable, and that the proposed investment is authorized by law, and shall then direct such moneys to be issued. It is only subject to these conditions that moneys may be issued for investment. During the month of. August, 1931, it came under the notice of the Audit Office that a sum of £1,000 had been issued as an investment of the Discharged Soldiers Settlement Loans Depreciation Fund Account on the previous 31st July without compliance with the provisions of section 100 of the Public Revenues Act, 1926. On investigation the investment proved to be otherwise in order, and the authority of the Audit Office covering the issue of the moneys was therefore given subsequently to the making of the investment. STATEMENT OF IRREGULARITIES IN CONNECTION WITH PUBLIC MONEYS AND STORES. SECTION 89 (2) (c), PUBLIC REVENUES ACT, 1926. Nature of Irregularity. involrod Action taken, and Kesult. Education Department. IRREGULARITIES BY DEPARTMENTAL OFFICERS. £ S. d. Theft of departmental moneys .. .. [ 316 0! Matter investigated. Offender's identity not established. Government Life Insurance Office. IRREGULARITIES BY PERSONS NOT DEPARTMENTAL OFFICERS. Theft of departmental moneys .. .. j 63 9 8 \ Offender pleaded guilty and was placed on probation [ for two years. Restitution made. Department of Health. IRREGULARITIES BY PERSONS NOT DEPARTMENTAL OFFICERS. Theft of stores by burglar .. .. .. | .. j Matter being investigated by police. Internal Affairs Department. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Misappropriation of wages of charwomen .. | 16 5 5 | Offender deceased. Moneys restored from his estate. Lands and Survey Department. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Theft of departmental moneys .. .. I 47 10 6 I Offender convicted and placed on probation for two I I years. Restitution made.

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STATEMENT OF IRREGULARITIES IN CONNECTION WITH PUBLIC MONEYS AND STORES —continued. Nature oi Irregularity. j Action taken, and Kesult. Legislative Department. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Misappropriation of departmental moneys ..! 33 14 2 1 Police decided not to prosecute. Restitution made. r I I Officer dismissed from the Service. Marine Department. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Theft of departmental moneys .. .. !1011 01 Offender fined £25. Restitution made. Mental Hospitals Department. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Theft of departmental moneys .. ..I 130 911 Offender placed on probation for two years and v ordered to pay costs of prosecution. Restitution made. Native Department. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Failure to account promptly for moneys received | 141 10 6 | Officer reprimanded. No loss to Department. New Zealand Government Railways Department. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Theft of clothing consigned by rail .. .. 67 611 Offender dismissed from the Service.^ Failure to account promptly for moneys over- 03 9 Offender dismissed from the Service. No loss to collected " Department.. Theft of departmental moneys and falsification 519 S Offender pleaded guilty and was admitted to proof accounts bation for two years. Restitution made. Offender dismissed from the Service. Theft of departmental moneys .. .. 016 6 Offender convicted and ordered to come up for sentence if called upon within three months. Dismissed from the Service. Restitution made. Theft of departmental moneys and forgery .. 0 711 Under action. a Failure to account promptly for fare paid on train 0 16 Offender dismissed from the Service. Theft of departmental property .. .. 07 0 Offender dismissed from the Service. Failure to account for proceeds from sale of 3 0 0 Offender dismissed from the Service. Superannuation uplifted by an officer 39 14 8 Police decided not to prosecute. No loss to the other than the claimant Department. Restitution being made. IRREGULARITIES BY PERSONS NOT DEPARTMENTAL OFFICERS. Theft of cash from Ashhurst Railway-station by 217 5 Matter investigated by police without result. Loss burglar to Department, £2 17s. sd. Theft of cash from Ashhurst Railway-station .. 213 6 Matter investigated by police without result. Loss to Department, £2 13s. 6d. Theft of cash from Pakipaki Railway-station .. 017 0 Matter investigated by police without result. Loss to Department, 17s. Theft of railway-freight stamps by burglar .. 0 5 4 Matter being investigated by police. Theft of cash .. .. •• 730 Police investigations unsuccessful. Pensions Department. IRREGULARITIES BY PERSONS NOT DEPARTMENTAL OFFICERS. £ S. d. False declaration of earnings by old-age pen- j 110 5 0 I Offender convicted and ordered to come up for sioner, resulting in overpayment of pension I I sentence if called upon within twelve months. Post and Telegraph Department. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Theft of departmental moneys .. .. 36 710 Offender convicted and sentenced to imprisonment for two months with hard labour. No loss to Department. Theft of departmental moneys ~ ■■ 183 5 1 Offender convicted and sentenced to fifteen months' reformative detention. Restitution made. Theft of departmental moneys .. .. 27 16 2 Offender made restitution and was admitted to probation for two years. Theft of postal packets and forgery of receipt .. 16 17 6 Offender was sentenced to nine months' imprisonment. Theft of postal packets .. .. . • • • Offender pleaded guilty and was sentenced to twelve months' imprisonment with hard labour. No loss to Department. Theft of postal packets .. .. . - 4'o 0 Offender pleaded guilty and was sentenced to two years' detention in a Borstal institution. Restitution made. Theft of postal packets .. .. .. Offender, who pleaded guilty, was ordered to be detained in a Borstal institution for two years. No loss was suffered by the Department. Theft of departmental moneys .. .. 600 7 6 Offender sentenced to reformative detention for two years. It is anticipated that recovery of the sum "of £295 19s. Id. will be effected. 11 Theft of departmental moneys .. • ■ 150 010 Offender sentenced to twelve reformative treatment. It is anticipated [that recovery of the full amount will be effected. Theft of postal packet and departmental moneys 2 10 0; Offender was placed on probation for one year and 1 ordered to make restitution.

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B.—l [Pt. ll].

STATEMENT OP IRREGULARITIES IN CONNECTION WITH PUBLIC MONEYS AND STORE S —continued.

Nature of Irregularity. invoTved Action taken, and Result. Post and Telegraph Department —continued. IRREGULARITIES RY DEPARTMENTAL OFFICERS Continued. £ s. d. Theft of postal packets and departmental moneys 66 10 4 Offender pleaded guilty and was sentenced to twelve months' imprisonment with hard labour. No loss to Department. Theft of departmental moneys .. .. 393 12 4 Offender sentenced to three years' Borstal detention. It is anticipated that recovery of the sum of £193 Bs. 6d. will be effected. Theft of departmental moneys .. .. 60 0 9 Offender pleaded guilty and was placed on probation for two years. Restitution made. Theft of postal packets .. .. .. 17 16 6 Offender made restitution, and was sentenced to nine months' imprisonment with hard labour. Theft of departmental moneys .. .. 010 0 Police decided not to prosecute. Offender left the Service. Theft of postal packets .. .. .. 8 2 6 Offender, who pleaded guilty, was admitted to probation for three years. Restitution was made. Theft of departmental moneys .. .. 20 0 0 Offender was acquitted by the jury and discharged. He was dismissed from the Service. Restitution made. IRREGULARITIES BY PERSONS NOT DEPARTMENTAL OFFICERS. Theft of postal packets and unlawfully opening 411 2 Offender was sentenced to two years' imprisonment mail-bag with hard labour. Loss to Department, £3 os. 9d. Fraudulent withdrawal from savings - bank 35 0 0 Police investigation failed to disclose offender's account identity. Fraudulent withdrawal from savings-bank ac- ! 29 5 0 Offender pleaded guilty and was sentenced to one count, forgery, and uttering year's imprisonment to be followed by two years' reformative detention. Theft of cash by burglar .. .. .. 4 3 8 Police investigated matter without result. Theft of cash and stamps by burglars .. 176 6 7 Two of the offenders were sentenced to five years' reformative detention, and the third offender to three years. Loss to Department, £25 3s. 4d. Theft of cash by burglar .. .. .. 513 7 Police investigations unsuccessful. Theft of postal packets .. .. .. .. Offender was placed on probation for four years. No loss to Department. Theft of safe containing cash, stamps, &c., by 165 9 0 Each of the offenders was sentenced to three years' burglars hard labour Loss to Department, £27 16s. 7d. Loss of registered letter .. .. .. 018 0 Matter investigated without success. Theft of cash by burglar .. .. .. 36 16 2 Police unable to trace the perpetrator. Theft of postal notes and cash by burglar .. 4 6 6 Offender was ordered to be detained in a Borstal institution for two years. Loss to Department, £4 Is. 4d. Fraudulent withdrawal from savings-bank ac- 7 0 0 Police investigation unsuccessful. count Theft of motor-spirit from bowser .. .. 418 4 Investigation by police failed to disclose identity of offender. Theft of cash by burglar .. .. .. 213 0 Matter investigated by police without result. Theft of stamps, cash, &c., by burglar .. 86 4 2 Police investigation unsuccessful. Loss to Department, £70 Bs. 2d. Theft of postal notes .. .. .. 12 18 2 Police unable to identify offender. No loss to Department. Theft of cash by burglar .. .. .. 17 12 8 Police investigated matter without result. Theft of cash by burglar .. .. .. 150 17 11 Matter investigated by police without result. Fraudulent withdrawals from savings-bank ac- 1.5 0 0 Offender sentenced to two months' imprisonment on count a charge of false pretences and six months on two forgery charges. Loss to Department, £15. Erroneous entry in savings-bank pass-book .. 10 0 0 No action taken. Officer responsible left the Service. Thefts from various stamp-vending machines 26 17 3 As a result of police investigation seven offenders and public call offices were sentenced to varying terms of imprisonment. Public Trust Office. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Misappropriation of moneys.. .. .. 1,413 8 7 Of this amount £1,019 13s. 7d. was stolen from the funds of the New Zealand Times Company, Ltd. (in liquidation), and £393 15s. from Public Trust Office funds. Offender was sentenced to two years' imprisonment. Public Works Department. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Theft of moneys by fraudulent alteration of I 48 0 0 I Offender pleaded guilty and was committed to the cheque ! I Supreme Court for sentence. IRREGULARITIES BY PERSONS NOT DEPARTMENTAL OFFICERS. Theft of cash from District Office, Murupara, 1,973 11 5 1 Police investigated matter. £882 17s. 9d. recovered, by burglars I [ Loss to Department, £1,090 13s. Bd. State Forest Service. IRREGULARITIES BY DEPARTMENTAL OFFICERS. Theft of departmental moneys .. .. 41 10 8 I Offender, who pleaded guiJty, was ordered to come up for sentence if called upon within twelve months, and was ordered to pay costs of prosecution. Restitution made.

ii—B. 1 [Pt. ll].

IX

B.—] [PT. ll].

SCHEDULE OF IMPERFECT VOUCHERS PASSED BY THE AUDIT OFFICE UNDER AUTHORITY OF SECTION 73, PUBLIC REVENUES ACT, 1926.

X

SECTION 89 (2) (d), PUBLIC REVENUES ACT, 1926. Name. Department and Particulars. Amount. Total Amount. Customs. £ s. d. £ s. d. W. J, Stevenson .. .. Railway and taxi fares, and postage, Official Repre- 184 18 7 sentative at New York (1) — 184 18 7 Education. R. P. Moke .. .. .. Conveyance of school-children (1) .. .. 2 15 10 2 15 10 External Affairs. F. H. Lampen .. .. Steamer fare (1) .. .. .. .. 2 15 0 2 15 0 Health. K. Cameron .. .. .. Hotel expenses (1) .. .. .. .. 13 6 J. F. Drummond .. .. Steamer fare (1) .. .. .. .. 17 6 2 11 0 Industries and Commerce, Tourist, and Publicity. E. Sheed .. .. .. Car fare (2) .. .. .. .. .. 0 10 0 Mrs. M. Lyons .. .. Groceries and kitchen material (1) .. .. 0 16 3 16 3 Internal Affairs. S. Blackley .. .. .. Steamer and service-car fares and cost of sleeper (1) 4 2 6 W. Blackie .. .. .. Overtime (3) .. .. .. .. .. 1 16 0 G. Smith .. .. .. Overtime (3) .. .. .. .. .. 2 14 0 A. L. Lewis .. .. .. Cartage (1) .. .. .. .. .. 17 6 10 0 0 Lands and Survey. Hawke's Bay Tribune .. .. Advertising (3a) .. .. .. .. 1 10 0 F. H. Sherry .. .. .. Advance, farm and living expenses (3a) .. .. 3 9 11 H. T. Roberts .. .. .. Advance, shearing expenses (3a) .. .. 23 14 6 G. W. May .. .. .. Advance on current account, Discharged Soldiers 2 18 0 Settlement (3a) Hoadley, Son, and Stewart .. Advance on current account, Discharged Soldiers 197 14 0 Settlement (3a) Hawke's Bay Farmers' Co-operative Advance on current account, Discharged Soldiers 34 15 6 Association Settlement (3a) Williams and Kettle .. .. Advance on current account, Discharged Soldiers 90 4 10 Settlement (3a) Powdrell Bros... .. .. Advance on current account, Discharged Soldiers 38 0 0 Settlement (3a) J. H. Winter .. .. .. Advance, farm and living expenses (3a) .. .. 5 0 0 J. A. Reid .. .. .. Advance, farm and living expenses (3a) .. .. 30 0 0 O. O. Davis .. .. .. Advance, farm and living expenses (3a) .. .. 10 0 0 Dalgety and Co. .. .. Advance on current account, Discharged Soldiers 85 1 6 Settlement (3a) Receiver of Land Revenue .. Advance, rent (3a) .. .. .. .. 54 5 9 Nikolaison and Sons .. .. Advance on current account, Discharged Soldiers 22 15 1 Settlement (3a) V. T. L. Horner .. .. Advance on current account, Discharged Soldiers 18 0 0 Settlement (3a) E. J. Hyams .. .. .. Freight (1) .. .. .. .. .. 074 F. de Stacpoole .. .. Valuation fee (3a) .. .. .. .. 5 5 0 Vacuum Oil Co., Ltd. .. .. Benzine (3a) ... .. .. .. .. 1 11 5 J. Livingstone .. .. Land Board fees (3a) .. .. .. .. 6 16 6 O. H. Orr .. .. .. Land Board fees (3a) .. .. .. .. 5 15 0 C. J. O'Reilly .. .. .. Land Board fees (3a) .. .. .. .. 8 2 0 C. C. Smith .. .. .. Land Board fees (3a) .. .. .. .. 3 6 0 R. McLean and Co. .. .. Repairs to car (3a) .. .. .. .. 156 C. Gray .. .. .. Repairs to car (3a) .. .. .. .. 10 0 A. J. Wattie .. .. .. Wages paid to survey party (3a) .. .. 12120 L. Popplewell .. .. .. Refund of rent overpaid (3a) .. ' .. .. 3 10 5 667 0 3 Marine. H. Stephenson-Smith .. .. Postage (2) .. .. .. .. .. 119 — 1 1 9 Pensions. Dr. T. Clunie .. ' .. .. Fee for medical examination and report on pensioner 110 (1) 1 1 0 Post and Telegraph. • W. E. J. Davies .. .. Replacement of boots damaged in earthquake area 18 0 m\ 18 0 Public Trust. W. Cottle .. .. .. Wages (1) .. .. .. .. .. 15 0 0 P. A. Mackie .. .. .. Balance of a legacy (2).. ,. .. .. 4 13 C. D. McLaren.. .. .. Balance of funds in deceased person's estate (2) .. 18 3 . 20 9 6

B.—l [Pt. ll].

SCHEDULE OF IMPERFECT VOUCHERS PASSED BY THE AUDIT OFFICE UNDER AUTHORITY OF SECTION 73, PUBLIC REVENUES ACT, 1926—continued.

(1) Receipts not obtained. (2) Impossible to obtain receipts. (3) Receipts lost and cannot be replaced. (3A) Receipts lost in Hawke's Bay earthquake.

XI

SECTION 89 (2) (d), PUBLIC REVENUES ACT, 1926— continued. Name. Department and Particulars, Amount. Total Amount. Public Works. £ s. d. £ s. d. N.Z. Railways .. .. Freight (3a) .. .. .. .. .. 185 11 6 Barry Bros., Ltd. .. .. Cartage (3a) .. .. .. .. .. 164 13 6 Hawke's Bay County Council .. Motor-vehicle drivers' licenses (3a) .. .. 0 15 0 C. E. de Malmanche .. .. Coal (3a) .. .. .. .. .. 0 15 0 Mason Bros. .. .. .. Supplies (3a) .. .. .. .. .. 230 6 10 M. Lillis .. .. .. Accident compensation (3a) .. .. .. 10 6 4 Christenson and another .. Wages (3a) .. .. .. .. .. 14 12 5 Richardson and Co., Ltd. .. Freight (3a) .. .. .. .. .. 330 6 6 W. D. Manning .. .. Wages (3a) .. .. .. .. 22 3 4 R. M. Mowat .. .. .. Land survey (3a) .. .. .. .. 8 15 0 A. H. Easthope and others .. Wages (3a) .. .. .. .. .. 556 A. Beecham .. .. .. Repairs to leather bag (3a) .. .. .. 0 6 6 I. H. Moss .. .. .. Cartage (3a) .. .. ' .. .. .. 17 13 5 Peach and Co. .. .. Motor spares (3a) .. .. .. .. 17 3 1 Hawke's Bay Motor Co., Ltd. .. Fares (3a) .. .. .. .. .. 13 10 0 Burns and Co. .. .. Supplies (3a) .. .. .. .. .. 065 Bolt and Sutherland .. .. Supplies (3a) .. .. .. .. .. 0 18 0 W. G. Dine .. .. .. Repairs to car (3a) .. .. .. .. 5 0 0 F. E. W. Mace.. .. .. Survey of suburban section (3a) .. .. .. 8 8 0 Aubrey Gualter and Co. .. Automatic tubes (3a) .. .. .. .. 267 9 0 Stewart Bros. .. .. .. Iron chimneys (3a) .. .. .. .. 19 16 0 J. Chambers and Son Supplies (3a) .. .. .. .. 69 12 0 D. Corliss and others .. .. Wages (3a) .. .. .. .. .. 152 2 10 T. Miller .. .. .. Wages (3a) .. .. .. .. .. 4 13 E. Yanko and others .. .. Wages (3a) .. .. .. .. 94 7 8 C. Batt .. .. .. Wages (3a) .. .. .. .. 17 7 6 ¥. W. Smith .. .. .. Cartage (3a) .. .. .. .. .. 053 H. Guillard .. .. .. Wages (34.) .. .. .. .. .. 283 T. B. Noad .. .. .. Towing charges (3a) .. .. .. .. 1 10 0 F. McKinley .. .. .. Plumbing repairs (3a) .. .. .. .. 15 6 Daily Telegraph .. .. Advertising tenders (3a) .. .. .. 15 0 R. J. Stewart .. .. .. Motor requisites (3a) .. .. .. .. 0 9 10 S. Burge and others .. .. Wages (3a) .. .. .. .. 45 11 7 J. Scandlyn and others .. .. Wages (3a) .. .. .. .. .. 29 15 8 A. If. Johnson and others .. Wages (3a) .. .. .. .. 62 6 4 J. Beatson and others .. .. Wages (3a) .. .. .. .. 99 3 2 A. F. Johnson .. .. Payment on co-operative contract (3a) .. .. 20 15 0 S. Burge .. .. .. Payment on co-operative contract (3a) .. .. 34 15 1 J. Scandlyn .. .. .. Payment on co-operative contract (3a) .. .. 30 6 1 D. Barrowman .. .. Payment on co-operative contract (3a) .. .. 28 16 2 F. F. Duffy and others .. .. Wages (3a) .. .. .. .. 75 3 3 T. Duffy .. .. .. Payment on co-operative contract (3a) .. .. 59 7 8 R. Dick .. .. .. Payment on co-operative contract (3a) .. .. 58 2 5 D. Macken .. .. .. Payment on co-operative contract (3a) .. .. 142 16 3 F. A. Withers and others .. Wages and allowances (3a) .. .. .. 83 1 4 F. Workman .. .. .. Accident compensation (3a) .. .. .. 10 19 4 Tohill .. .. .. Accident compensation (3a) .. .. .. 7 15 4 W. R. Hopkins .. .. Renovating office fittings (3a) .. .. .. 3 14 0 D. S. Thackeray .. .. Repairs to buildings (3a) .. .. .. 3 19 1 S. Okmazich .. .. .. Wages (3a) .. .. .. .. .. 4 15 7 T. Hall and others .. .. Wages (3a) .. .. .. .. .. 43 19 0 Goodyear Tyre and Rubber Co. .. Motor requisites (3a) .. .. .. .. 15 4 M. Mullan .. .. .. Cartage (1) .. .. .. .. ... 0 10 0 M. Bilderbeck .. .. .. Travelling-expenses (1) .. .. .. 0 15 0 J. Alexander .. .. .. Motor fares (1) .. .. .. .. 12 6 2,517 11 7 Scientific and Industrial Research. Dr. J. Henderson .. .. Stores, meals, accommodation, and photographic 3 9 6 films while in earthquake area (1) 3 9 6 State Forest Service. W. J. Carroll .. .. .. Medical fee (1) .. .. .. .. 10 0 10 0 Treasury. Treasury Cashier .. .. Interest coupon (3) .. .. .. .. 2150 Mrs. F. J. Caldwell .. .. Interest on debentures (1) .. .. .. 5 14 11 Mrs. G. Anderson .. .. Maintenance moneys (2) .. .. .. 2 0 0 10 9 11 Unemployment Board. Inspector of Factories, Auckland, Wages (1) .. .. .. .. .. 440 Deposit Account Southland Boys' and Girls' High Wages (2) .. .. .. .. 65 5 6 School Board Southland Education Board .. Wages (2) .. .. .. .. .. 279 10 2 E. Parnell .. .. .. Wages (3) .. .. .. .. .. 1 15 0 350 14 8 3,778 12 10

B.—l [Pt. ll].

PROCEEDINGS TAKEN AGAINST DEFAULTERS AND OTHERS. SECTION 89 (2) (e), PUBLIC REVENUES ACT, 1926. Particulars of cases in which proceedings have been taken in pursuance of the Public Revenues Act, or regulations thereunder, are included in the statement under paragraph 89 (2) (c). SURCHARGES. SECTION 89 (2) (/), PUBLIC REVENUES ACT, 1926. There are no surcharges imposed by the Controller and Auditor-General remaining outstanding. No surcharges have been disallowed during the year by the Minister on appeal. DETAILED AUDIT OF ACCOUNTS DISPENSED WITH. SECTION 89 (2) (g), PUBLIC REVENUES ACT, 1926. Section 72 of the Public Revenues Act, 1926, reads as follows :— " The Controller and Auditor-General may, with the consent of the Minister, dispense with the detailed audit of any accounts, but not with any appropriation audit of such accounts. The consent of the Minister shall be given only in those cases in which he considers that there are circumstances which render a detailed audit under this Act unnecessary : Provided that a list of such cases shall be comprised and published in the Controller and Auditor-General's report in each year." There are no instances in which the Hon. the Minister of Finance has, during the year, given his consent to a detailed audit being dispensed with. COMMENTS BY THE CONTROLLER AND AUDITOR-GENERAL. SECTION 89 (2) (h), PUBLIC REVENUES ACT, 1926. Repayment of the Public Debt. The following table gives particulars of the amount of securities redeemed during the year under the provisions of the Repayment of the Public Debt Act, 1925, and also of the total amount so redeemed to 31st March, 1932 :—

XII

•Nomina] Value of Securities redeemed. Rate of — ; 7 Total Cost of Annual saving Interest. Total to v lcm „„ Total to Redemptions. in Interest.* 31st March, 1931. * ear ■ 31st March, 1932. ; I Per Cent. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 4 1,969,963 0 0 320,900 0 0 2,290,863 0 0 2,279,175 9 1 11 454 6 3 4| 2,070,940 0 0 .. 2,070,940 0 0 2,055,562 5 0 20,709 8 0 5 1,416,400 0 0 .. 1,416,400 0 0 1,415,846 5 0 21,246 0 0 5J- 300,500 0 0 476,340 0 0 776,840 0 0 776,822 10 0 13,594 14 0 5| 13,900 0 0 .. 13,900 0 0 13,900 0 0 278 0 0 6 474,260 0 0 467,090 0 0 941,350 0 0 920,138 6 6 23,533 15 0 6,245,963 0 0 1,264,330 0 0 7,510,293 0 0 7,461,444 15 7 90,816 3 3 * Difference between the rate of interest which the securities bore and the rate (3J per cent.) payable by the Consolidated Fund to the Public Debt Repayment Account.

B.—l [Pt. ll].

It will be seen that an annual saving of interest amounting to £90,816 3s. 3d. has now been effected by the operation of the Act. The following figures will show how this saving increases year by year as the cumulative effect of the sinking fund becomes apparent:— Annual saving in interest on securities redeemed to — £ s. d. 31st March, 1926 .. .. .. .. .. .. 8,137 10 3 31st March, 1927 .. .. .. .. .. .. 27,043 9 3 31st March, 1928 .. .. .. .. .. .. 39,592 0 4 31st March, 1929 .. .. .. .. .. .. 46,782 0 4 31st March, 1930 .. .. .. .. .. .. 57,218 13 7 31st March, 1931 .. .. .. .. .. .. 69,198 9 3 31st March, 1932 .. .. .. .. .. .. 90,816 3 3 The following statement shows the amount of loans subject to the Repayment of the Public Debt Act, 1925, and of those not subject to the Act, as at 31st March, 1932 : — £ s. d. Debt subject to the Repayment of the Public Debt Act, 1925.. .. .. 205,724,341 5 3 Debt not subject to the Repayment of the Public Debt Act, 1925 — Treasury-bills issued under section 41 £ s. d. of the Public Revenues Act, 1926 .. 3,030,000 0 0 Loans raised in respect of the State Advances Account — £ s. d. Advances to Settlers Branch .. 20,794,870 8 5 Advances to Workers Branch .. 13,075,189 10 4 Advances to Local Authorities Branch .. .. .. 2,778,690 15 7 36,648,750 14 4 Loans for which special sinking funds are provided— State Coal-mines Account .. 141,683 6 8 Electric Supply Account .. .. 11,033,475 11 1 Nauru and Ocean Islands Account.. 479,200 0 0 Westport Harbour Account .. 661,150 0 0 Samoan Loan Suspense Account .. 124,000 0 0 12,439,508 17 9 Funded debt to the Imperial Government— Land for Settlements Account .. 33,446 6 11 Naval Defence Account .. .. 577,446 11 5 Public Works Fund —■ General Purposes Account .. .. 169,109 15 3 War Expenses Account .. .. 23,320,196 12 6 24,100,199 6 1 Total, debt not subject to the Act .. .. .. .. 76,218,458 18 2 Total debt as at 31st March, 1932 (see 8.-l [Pt. Ill], 1932, page 19) .. £281,942,800 3 5* * N.B. —This does not include loans under the Rural Advances Act, 1926, amounting to £4,001,650, which are not treated by the Treasury as forming part of the public debt. As a good deal of misapprehension appears to exist in regard to the nature of the Public Debt Repayment Fund, I may explain that this fund differs materially from an ordinary sinking fund, which latter is based on actuarial calculation with a view of redeeming the debt at its maturity. The method adopted for redeeming our National Debt is more elastic. The annual contributions from the Consolidated Fund were not based on actuarial calculation so as to provide repayment of our debt in any specified number of years, but were fixed at a rate which was below the average annual rate paid in respect of the debt securities prior to the establishment of the present system so as to enable the Treasury to make a saving on whatever it redeemed. These contributions are not invested for a number of years, as is the usual practice in connection with a sinking fund to redeem a specified loan, but are used immediately for the redemption of securities. The scheme thus provides an immediate benefit by reducing our annual interest charges, as is shown in the table above. As redemptions take place from day to day there is no invested fund accumulating at compound interest as is the case with ordinary sinking funds, and any temporary cessation from repurchasing securities would not seriously impair the scheme.

XIII

B.—l [Pt. ll].

Increase and Decrease of the Debt. The Public Debt Accounts disclose a net increase in the public debt for the year of £5,909,442 4s. lOd. This was made up as follows : — £ s. d. Total debt as at 31st March, 1931 (8.-l [Pt. Ill], 1931, page 25) .. .. .. 276,033,357 18 7 Increase — New loans raised during the year for purposes of various accounts — £ s. d. Public Works Fund —General Purposes Account 3,028,750 0 0 Public Works Fund —Electric Supply Account.. 1,000,000 0 0 Hauraki Plains Settlement Account .. .. 800 0 0 Main Highways Account .. .. .. 380,000 0 0 Native Land Settlement Account .. .. 175,000 0 0 State Forests Account .. .. .. 200,000 0 0 Swamp Land Drainage Account .. .. 12,750 0 0 £ s. d. 4,797,300 0 0 Treasury bills issued under Public Revenues Act, 1926, section 41 .. .. .. 15,845,000 0 0 Less Treasury bills redeemed .. .. 12,815,000 0 0 3,030,000 0 0 7,827,300 0 0 Decrease — Loans paid off during the year— From Ordinary Revenue Account — Repayment of funded debt .. .. 221,035 0 3 Various .... .. .. 10 0 0 From Discharged Soldiers Settlement Account —■ £ s. d. Cash applied .. .. 30,478 15 0 Amount representing redemptions from premium on exchange .. .. 5,181 5 0 — 35,660 0 0 From State Advances Account .. .. •• 291,360 0 0 From reparation-moneys .. .. 51,630 0 0 From Public Debt Repayment Account — Cash applied .. .. 1,243,118 6 6 Amount representing redemptions from premium on exchange .. .. 21,211 13 6 1,264,330 0 0 From various sinking funds .. .. 41,000 0 0 Loans redeemed from loans raised for redemptions .. .. 110,100 0 0 Less amount raised for re'demptions .. .. 98,852 5 1 Amount representing redemptions from premium on exchange .. .. 11,247 14 11 Loans redeemed from loans raised in previous years for redemptions .. • • • • •• 1,585 0 0 1,917,857 15 2 Net increase for the year.. .. .. .. 5,909,442 4 10 Total debt as at 31st March, 1932 (8.-l [Pt. Ill], 1932, page 19) .. .. .. £281,942,800 3 5 The increase of £3,030,000, arising from the issue of Treasury bills, represents loans borrowed for revenue purposes and paid into the Ordinary Revenue Account, and efforts will presumably be made to liquidate this portion of the debt from revenue at the first opportunity, and so to prevent the amount from becoming a permanent accretion to the public debt. At the 31st March, 1932, the Ordinary Revenue Account held balances in cash and investments amounting to £1,058,953, which could properly be set off against the liability of £3,030,000 on Treasury bills. The items of £5,181 55., £21,211 13s. 6d., and £11,247 14s. lid., shown as representing redemptions from premium on exchange, arose in connection with the redemption during the year of securities domiciled in Australia. Owing to the rate of exchange, New Zealand to Australia, being favourable to the New Zealand Government, loans repayable in Australian currency at the amount of £261,900 were redeemed at an actual cost in New Zealand currency of £224,259 6s. 7d., the saving totalling £37,640 13s. 5d., as shown by the three items mentioned above. These items do not represent amounts actually paid or raised for the redemption of the securities, but represent the amount of the public debt redeemed in excess of the amount of money actually paid from the Public Account or raised for the redemptions, as the case may be. The above figures do not include loans raised under the Rural Advances Act, 1926, as these loans, though raised by the Government, are not brought into the public debt accounts. The amount of such loans outstanding as at the 31st March, 1931, was £3,978,950, and on the 31st March, 1932, was £4,001,650, an increase during the year of £22,700. The total increase in Government loan indebtedness during the year was therefore £5,932,142 4s. lOd.

XIV

B.—l [PT. ll].

At the 31st March, 1932, a sum of £368,902 18s. 9d. appropriated for the redemption of loans was lying at credit of the Loans Redemption Account, particulars being as follows : — Finance Act, 1925, section 13— Amount received in respect of war expenses, to be applied in redemption of £ s. d. war loans .. .. .. .. .. .. .. 18,238 011 Public Revenues Act, 1926, section 135 (2)— Amount received on account New Zealand share of German reparations, to be applied in redemption of war loans .. .. .. .. 127,632 2 5 Public Revenues Act, 1926, section 135 (4) — Amount received from Main Highways Account (Revenue Fund) for redemption of main highways loans .. .. .. .. .. 201,254 0 0 Amount transferred from Ordinary Revenue Account for redemption of main highways loans (representing interest received on main highways moneys held in Loans Redemption Account) .. .. .. .. 10,748 15 5 Amount received from State Advances Office for redemption of loans but not applied during the year .. .. .. .. .. .. 8,640 0 0 Loans raised for redemption of securities but not applied during the year .. 2,390 0 0 £368,902 18 9 New Zealand Consolidated Stock —Transfer of Interest Payments to Wellington. Interest on New Zealand Consolidated stock is payable in London in terms of the contract under which the loans were raised. The following amounts of 3-per-cent. stock, 1945, were held in London on behalf of the holders named.

The interest on this stock for the half-year ended Ist April, 1932, was payable in London on 31st March, 1932, to the Bank of England, but vouchers were submitted to Audit for the payment of the interest to the holders in Wellington on Ist April, 1932. On inquiry it was found that it was not proposed to allow exchange on the interest in question, but as the amount was payable in sterling it appeared to the Audit Office that the holders of the stock were entitled to exchange at the current rate, and that, unless such exchange was allowed, the accounts of the Departments mentioned above would be prejudicially affected, and would not disclose the true result of the transactions. The position was represented to the Treasury, and it was arranged that the holders should be credited with the exchange earned, and the vouchers were accordingly passed for payment in Wellington. As a result of payment in Wellington instead of in London, interest to the amount of £43,298 18s. Bd. which would normally have come to charge in the Public Accounts in the year ended 31st March, 1932, did not come to charge until the ensuing year. Interest on Public Account Cash-balance Investments. In previous reports I have drawn attention to the system of allocating the interest derived from certain investments to all the accounts within the Public Account instead of to those accounts only which provide the money for the investments. I append a statement showing the amounts allocated to each account during the year 1931-32. The allocation is made on an arbitrary basis, which in my opinion is not a correct one, as it has the effect of crediting the interest to accounts other than those by which such interest has been earned.

XV

a , i o, , Amount of Interest u , Amount of Stock. , „ Holder. for Half-year. £ s. d. £ s. d. 2,260,495 11 1 33,907 8 8 Post Office Savings-bank. 625,900 0 0 9,388 10 0 Government Insurance Department. 200 0 0 3 0 0 Deposit Account —Nelson Rifle Prize Fund. 2,886,595 11 1 43,298 18 8

B.—l [Pt. ll].

Deposits Account. —Interest on Cash Balance Investments Accounts. Receipts. Disbursements. Balance from 1930-31— £ s. d. £ s. d. Amounts allocated to various £ s. d. £ s. d. Amounts allocated to Accounts — State Advances Ac- Ordinary Revenue Account count not paid over 11 14 7 (interest on other Public Amount not allocated.. 708 18 1 Moneys) in respect of 720 12 8 balances of — Interest on investments— Ordinary Revenue Account 23 17 11 In New Zealand .. 40,943 10 5 Local Bodies Account .. 155 14 0 In London .. .. 31,183 4 1 Deposits Account .. 1,627 15 2 72,126 14 6 Public Works Fund — General Purposes Account .. .. 12,909 17 8 Waihou and Ohinemuri Rivers Improvement Account .. .. 9 17 2 Discharged Soldiers Settlement Loans Act 1920 Depreciation Fund Account .. .. 1,094 9 6 Education Loans Account 16 15 11 Kauri-gum Industry Account .. .. 1 15 2 Loans Redemption Account 6,597 3 5 Railways Improvement Authorization Act 1914 Account .. .. 177 3 2 Suspense Account (undistributed) .. .. 8,848 5 9 31,462 14 10 Nauru and Ocean Islands Account .. 264 0 9 Nauru and Ocean Islands Sinking Fund Account .. .. .. • • 18 7 10 Public Works Fund — Electric Supply Account .. .. 2,633 6 2 Electric Supply Sinking Fund Account .. 66 8 11 Discharged Soldiers Settlement Account .. 3,061 19 7 Discharged Soldiers Settlement Loans Act 1920 Depreciation Fund Account .. 265 6 3 General Purposes Relief Account .. 608 12 7 Hauraki Plains Settlement Account .. 190 18 0 Hunter Soldiers Assistance Trust Account.. 157 4 1 Hutt Valley Lands Settlement Account .. 149 9 6 Land for Settlements Account .. .. 4,617 3 7 Main Highways Account (Revenue Fund) in respect of balances of Main Highways Account — £ s. d. Revenue Fund .. 3,780 13 6 Construction Fund .. 4,650 17 11 8,431 11 5 Mining Advances Account .. .. 13 9 2 Native Land Settlement Account .. 2,265 14 5 Public Debt Repayment Account .. 262 15 6 Rangitaiki Land Drainage Account .. 115 9 9 State Advances Account .. .. 29 19 1 State Coal-mines Account .. .. 247 4 10 State Coal-mines Sinking Fund Account .. 65 16 11 State Forests Account .. .. .. 1,831 9 11 Swamp Land Drainage Account .. .. 405 1 8 Unemployment Fund .. ■. • • 930 8 5 Westport Harbour Account .. . ■ 204 14 1 Working Railways Account .. 6,181 13 5 Balance, 31st March, 1932 — Amount allocated State Advances Account not yet £ s. d. paid .. .. • • 2 0 4 A mounts not yet allocated.. 8,364 6 2 8,366 6 6 £72,847 7 2 £72,847 7 2 Payments made from the New Zealand Public Account, London, not included in the Published Accounts. In my report for last year attention was drawn to the fact that certain payments made out of the New Zealand Public Account in London under the authority of the Finance Act,_ 1928, section 20, are not charged against the appropriation provided by Parliament in that section, and are not submitted to the Audit Office for audit in terms of the Public Revenues Act, nor are they included m the Statement of the Revenue and Expenditure of the Public Account. The practice still continues as will be seen from the following figures. The position of such payments and the undesirable features of the svstem followed in connection therewith were fully set out in that report, and there is no need therefore for me to again traverse the matter in detail. I must, however, again place on record the fact that the exemption from Audit of payments made from public _ moneys, as has been done m many instances, must tend to open the way to the misappropriation or misapplication of public moneys.

XVI

8.-J [PT. ll],

Owing to the practice adopted by the Treasury of omitting to include in the Public Accounts the vouchers for the payments in question, and the failure to submit them for an appropriation audit, as required by the Public Revenues Act, it would be possible for public moneys to be utilized by private individuals for their own purposes without the knowledge of the Audit Office. The recent embezzlements by the Finance Officer and an Audit Officer in London referred to elsewhere furnish a case in point. I may say that subsection 1 (b) of section 20 of the Public Revenues Act requires that the approval of the Treasury (which presumably here means the Minister of Finance) shall be obtained before public moneys are expended under this section on behalf of private persons or institutions, but so far as Audit is aware no approvals have been given to cover the payments actually made. As the vouchers for such payments are not submitted for audit as required by the Public Revenues Act, the Audit Office has no opportunity of ensuring that Ministerial approval has been given. List of payments excluded from the Public Accounts which have been made during the year 1931-32, so far as it has been possible for Audit to trace them :—

Treatment of Exchange in the Public Accounts. No uniform method appears to have been followed in the treatment of exchange in the public accounts for the year 1931-32, and the cost of or premium receivable on exchange has in some cases been added to or deducted from the cost of the goods or services while in other cases it has been charged or credited to some other head of account, and in yet other cases has not been brought to account in any way. The practice of adding the cost of or deducting the premium on exchange to or from the cost of the particular goods or services in respect of which the exchange arises appears to the Audit Office to be the soundest method, as by this means the true cost to the Government of such goods or services is disclosed in the published accounts. Little difficulty was experienced in the case of exchange arising from transactions with countries having a currency unit differing in name from the currency unit of this Dominion, as it was clearly impossible to bring, say dollars, into the New Zealand accounts without first converting them into New Zealand currency. In the case, however, of transactions with other parts of the Empire whose currencies were based on a unit having the same name as that of New Zealand (the pound) some considerable difficulty has been experienced, owing to the tendency to treat all the pounds as being the same, and of equal value, whereas, as a matter of fact, owing to the depreciation in the value of the currencies of different parts of the Empire, the various currency units though still bearing the designation " pound " in each case are dissimilar except in name.

iii—B. 1 [Pt. ll].

XVII

Amount , Amount p nrt . , . rq outstanding at Amounts Amounts outstanding particulars. , w paid during recovered during at J 1st March, 10:{1~32. 1931-32. " 31st March. 1932. Sundry payments made by the High Commissioner on behalf of— £ s. d. £ s. d. £ s. d. £ s. d. Post and Telegraph Department .. 910 5 6 8,247 15 5 9,068 3 10 89 17 1 Public Service and Teachers' Super- 2,776 11 6 17,904 15 6 17,944 2 11 2,737 4 1 annuation Funds National Provident Fund .. 54 17 6 410 0 1 393 13 1 71 4 6 Government Life Insurance Depart- 461 0 3 2,115 911 2,043 6 7 533 3 7 ment State Fire Insurance Department .. 3 1 8 511 10 7 513 9 9 1 2 6 Otago University .. .. 89 7 2 53 13 4 143 0 6 Hawke's Bay Hospital Board .. 850 .. 850 Otago Hospital Board .. .. 1 12 0 266 3 18 6 General Assembly Library .. 180 10 1 563 17 11 386 2 8 358 5 4 Christ's College .. .. . . .. 32 9 6 32 9 6 A. B. Gibson .. .. .. .. 0 5 1 0 5 1 Resident Commissioners, Niue and . . 2 16 0 2 16 0 Earotonga W. A. Yeitch .. .. .. .. 052 052 Auckland War Museum .. .. .. 626 626 Colonial Ammunition Co., Ltd. .. .. 162 8 0 162 8 0 Canterbury College .. .. .. 27 9 11 27 9 11 External Affairs Department .. .. 0 18 0 0 18 0 Cook Islands Department.. .. .. 512 4 3 431 9 11 80 14 4 Funeral and other expenses paid on 132 0 7 .. 132 0 7 behalf of the estate of the late W. S. Ferguson, formerly Trade and Produce Officer on the High Commissioner's staff — 4,617 II 3 30,554 7 8 31,300 7 6 3,871 11 5

B.—l [Pt. ll].

It is worthy of note that the British Government recognized this difference, and thought the matter of such importance in connection with the payment of Imperial Pensions abroad that a representative of the Ministry of Pensions was specially authorized to discuss the matter with the Australian and New Zealand Governments, with a view to the pensioners receiving the increased amount in Australian and New Zealand pounds equivalent to the value of the pension as fixed in British pounds sterling. Both the Australian and New Zealand Governments agreed to this arrangement, thus accepting the principle that exchange should be taken into account, even though no actual remittance of moneys takes place. The following cases, representing transactions which took place before the enactment of section 55 of the Finance Act, 1932, which now gives special powers to the Minister of Finance, may be quoted as examples : — The Te Wera farm is carried on by the Government, and the produce is exported and sold in the United Kingdom, the proceeds being received by the High Commissioner in sterling and paid into the New Zealand Public Account, London. It is clear that the Farm Account, like any New Zealand farmer's account, is entitled to be credited with the exchange on the proceeds as well as the proceeds, although such proceeds were not remitted to New Zealand but were retained in London for Treasury purposes, and that the exchange should be added to the receipts of the farm to show the true result of the undertaking. Audit represented the matter to the Treasury but no action was taken, with the result that the statement of the Farm Account does not disclose the true position, and affords no true basis for comparison with the accounts of a farm owned by a private individual. Another case in which the failure to bring exchange into account has affected the public accounts is in connection with payments made in London for the redemption of debentures under the Land Settlement Finance Act, 1909, and for the interest on such debentures. All sums paid out of the Consolidated Fund in London on behalf of the local associations pursuant to section 13 of the above Act, together with interest thereon, are subject to an increase of 10 per cent., the ruling rate of exchange. The Treasury has not, however, in most cases entered the cost of exchange in the accounts as having been incurred by the association. There is therefore no record in the Treasury accounts of the full amount expended on behalf of the associations, which, in terms of the Act, is to constitute a debt due by the associations to the Crown, bearing interest at 5 per cent. Another case is in connection with maintenance payments made by the Government. The maintenance moneys are collected in the Courts in New Zealand and paid by the Government in the United Kingdom or elsewhere on behalf of the litigants. Though collected in New Zealand currency the amounts have been paid in the United Kingdom in sterling, and no deduction has been made for exchange, and the Government has therefore paid out more in value than it received. It is estimated that during the year 1931-32 the amounts so paid in the United Kingdom exceeded £4,000, so that the cost to the Government of paying over these moneys on behalf of private persons exceeded £400. I may add that the Treasury has now advised that for the future these payments will be made subject to exchange. One of the most important cases in which this question arose during the year under review was in connection with various payments in Australia made by the New Zealand Government. The particular payments in question amounted to £360,685 18s. 9d. in Australian currency, but owing to rhe exchange rate being favourable to New Zealand these payments were met by actual payments out of the Public Account amounting to £308,897 19s. only, the difference of £51,787 19s. 9d. representing what might be called a saving to the New Zealand Government on exchange. The bulk of these payments represented the redemption of New Zealand loans amounting to £261,900 which matured in Australia, the actual cost of such redemptions to the New Zealand Government being £224,259 6s. 7d., and the saving on exchange £37,640 13s. sd. The Treasury submitted entries showing the amount paid for these redemptions as £261,900, and crediting as a receipt by the Consolidated Fund the £37,640 13s. sd. saved. It appeared to the Audit Office that it was unlawful, as well as incorrect from an accountancy point of view, to debit the accounts bearing the cost of the redemptions with more than was actually paid out of the Public Account to effect such redemptions. Moreover, section 24 of the Finance Act, 1931 (No. 2), clearly set out the principle that the cost of exchange incurred, or the premiums earned, on remittances between Wellington and London, should be recovered from or credited to the several appropriate funds or accounts —that is, the funds or accounts for the purposes of which the remittances were made —and there seemed no valid reason for departure from this principle in the case of exchange with Australia. After considerable discussion with the Treasury on the subject, the law was amended by section 55 of the Finance Act, 1932, which gives power to charge the cost of or credit the premium on, exchange to such accounts as the Minister of Finance directs, or, where no actual transmission of public moneys is effected, for the Minister to determine that no entry in respect of the premium on or cost of exchange shall be made, and section 24 above referred to was repealed. Audit fears that unless a uniform method of the treatment of exchange is adopted anomalies are likely to occur in the public accounts. It is necessary to emphasize the fact that exchange costs and premiums arise not only in connection with transactions to cover which actual remittances are made, but also in connection with all payments and receipts made overseas by or on behalf of the New Zealand Government. As section 55 gives to the Minister of Finance full and final authority to decide the matter of exchange, the Audit Office is now relieved of responsibility, except to ensure that the authority of the Minister under this section is given to cover all transactions involving exchange, and that such authority is duly carried into effect. The entries relating to the £37,640 13s. sd. were accordingly shown under section 55 of the Finance Act, 1932, and appear in 8.-l [Pt. I], pages 15, 21, 31, and 41. The effect of such entries was to transfer to the Ordinary Revenue Account £9,161 ss. 6d. of Loan-moneys from the Public Works Fund (General Purposes Account), £5,181 ss. from the

XVIII

B—l [Pt. ll],

Discharged Soldiers Settlement Account, £2,086 9s. sd. from the Land for Settlements Account, and £21,211 13s. 6d. of sinking-fund moneys from the Public Debt Repayment Account. This amendment of the law could not, however, be held to settle the difference in the views of the Treasury and Audit as to the correct sum to be entered in the Public Accounts of this Dominion as having been paid for the redemptions in Sydney—£26l,9oo or £224,259 6s. 7d. referred to above. As the Controller and Auditor-General could not see his way to agree to the inclusion of the larger sum, it was arranged that the lesser amount should be shown to accord with Audit view, leaving it open to the Treasury by means of a Treasury note to place its views on record on the accounts. It is necessary for me to thus explain the reason for the placing of the Treasury footnote on the year's accounts as published. Hawke's Bay Earthquake Ac'., 1931. Sections 38 and 39 of the above Act authorized expenditure to be made from the Reserve Fund Account for the purpose of granting assistance to persons who suffered loss or damage by reason of the Hawke's Bay earthquake, and for the purpose of granting loans to local authorities through the State Advances Office pursuant to the Act. Section 39 authorized the realization of Reserve Fund securities held in London to provide the funds necessary to meet such expenditure. Section 40 authorized expenditure to be made from the Public Account in anticipation of the realization of such securities, to be charged against the Reserve Fund Account. The authority under section 40 was exercised before the Reserve Fund securities were realized, and the expenditure was charged against the Reserve Fund Account though that account had no moneys available to meet such expenditure, and, as a result, the Reserve Fund Account at one stage became overdrawn to the extent of about £170,000. The following undesirable results arose as a result of this :—- (1) Moneys of other accounts within the Public Account, which had been raised by Parliament for other specific purposes, were temporarily used for the purpose of the Reserve Fund Account—that is, for earthquake relief. (2) The Reserve Fund continued to be credited with interest on the investment of the whole of its moneys, while at the same time the account was shown as overdrawn in the books —that is, the earnings of moneys belonging to other accounts were credited as earnings of the Reserve Fund Account. (3) The cash balances of other accounts within the Public Account were inflated—that is, they showed a greater amount than the actual cash balance available, owing to the fact that part of the cash in the Public Account making up their balances had been expended without such expenditure being entered against them. (4) The system of parliamentary control of expenditure was rendered ineffective, as it was made impossible for the Controller and Auditor-General to satisfy himself, as required by section 55 (3) of the Public Revenues Act, 1926, that there was a sufficient balance in the Public Account to the credit of the respective accounts to meet other charges named in the requisitions and bank orders when submitted for his counter-signature. The general effect was to render the various cash accounts, and also the departmental revenue accounts published in 8.-l [Part IV], incorrect and misleading. In the opinion of the Audit Office, there was no necessity to exercise the authority in the manner adopted, for the Reserve Fund securities could readily have been sold to other accounts within the Public Account pending final realization, thus providing the necessary cash in the Reserve Fund Account, and avoiding the serious interference with the system of control and with the accuracy of the various accounts which arose as a result of the method adopted. Audit of Expenditure from the Unemployment Fund. Section 5 (2) of the Unemployment Act, 19-30, provides that no moneys shall be payable out of the fund except by direction of the Minister of Finance, acting on the recommendation of the Unemployment Board. Owing to the many and various methods adopted of providing relief for unemployment, and the continual changes in such methods to meet altered conditions, it has been a matter of some difficulty for the Audit Office to assure itself that the expenditure from the fund was approved in terms of the Act. lam satisfied, however, that all the expenditure has been made substantially in accordance with the approvals of the Board and the Minister, though in some cases the approval of the Minister was not obtained until after the expenditure had been made. The method of authorizing expenditure has recently been altered in such manner as to give the Board a greater discretion as to the application of the moneys from the fund, the control of the Minister of Finance being now chiefly directed to ensuring that the total expenditure does not exceed the amount authorized by him from time to time. Steps are being taken with a view to introducing a different system of recording the authorities of the Board for making expenditure, and the checking of the expenditure vouchers against such authorities will be more easily carried out by Audit. I may add that the checking of this expenditure has considerably increased the work of the Audit Office. Method of utilizing Public Balances. Under clause 16 of the agreement between the Government and the Bank of New Zealand (see 8.-15 a, 1914) the bank is required to allow interest on the total daily balances of all Government acoounts at Wellington (exclusive of accounts for funds appropriated for disbursement) at the rate of 2 per cent, up to £400,000, and at the rate of 1 per cent, from £400,000 to £1,800,000, no interest being

XIX

B.—l [Ft. ll].

allowed on the aggregate balances held in excess of £1,800,000. During the greater portion of the year under review the Public Trust Office was working on a bank overdraft, and, for shorter periods, the Government Insurance Account was also overdrawn. Instead of the overdrafts on these accounts being set off against the larger credit balances in the other Government accounts, interest was charged by the bank on the overdrafts at overdraft rates. It does not seem equitable that the Government should receive interest at a maximum rate of 2 per cent, on the balances, of certain Government accounts with the bank, and at the same time be called upon to pay interest at as high a rate as 6| per cent, on Government accounts with the same bank which are overdrawn, when the debit on the overdrawn accounts is much more than covered by the credits on the other accounts. It would appear that when there is an overdraft on some of the Government bank accounts, and credit balances in other Government bank accounts in excess of such overdraft, the one should be set off against the other, and interest be allowed only on the net balance. Some discussion has taken place between the Treasury and the Public Trustee on the question as to whether the Treasury could not lend to the Public Trust at a rate lower than the usual overdraft rate charged by the bank, and thus benefit both Departments. For instance, during portion of the year 1931-32, the Public Trustee's overdraft at the bank varied up to £240,000, for which he paid 6\ per cent., while at the same time the Treasury had on fixed deposit at the same bank amounts varying from £1,000,000 to £200,000 for which it only received 2f to 3\ per cent. It would, of course, be impossible for the Treasury to guarantee that it would be in a position to make advances to the Public Trustee whenever required by him, and it is also recognized that in some cases not only is it more convenient but also possibly less costly for the Public Trustee to operate through the bank, but the foregoing facts seem to indicate that when the Treasury is in a position to place money on fixed deposit the Public Trustee should have prior claim to it. It would seem that there is room for co-operation between the Departments in the matter. Closing of Separate Accounts. During the year under review four separate accounts within the Public Account were closed pursuant to statutory authority, making, with the six separate accounts closed in the year 1930-31, a total of ten separate accounts closed during the two years ended on 31st March, 1932. The names of these accounts are as follows :— Closed in the year 1930-31 — Advances to other Governments Account. Cheviot Estate Account. Deteriorated Lands Account. Land Assurance Fund Account. National Endowment Account. National Endowment Trust Account. Closed in the year 1931-32— Discharged Soldiers Settlement Depreciation Fund Account. Education Loans Account. Kauri-gum Industry Account. Waihou and Ohinemuri Rivers Improvement Account. It is necessary for me to place the views of Audit in regard to the closing of these accounts fully before Parliament, as it appears that in some cases the statement made to Parliament and recorded in Hansard, 1930, Vol. 226, pp. 1022-23 and 1082, is not being complied with in its entirety. This statement was as follows :— Question: "I also want to ask, in connection with the abolition of the separate accounts dealt with in clauses 16 to 20, if it will still be possible for any interested person to ascertain the position of those various matters, such as the Cheviot Estate, the Hutt Valley Settlement Account, and other accounts ? " Reply : " The honourable member for Dunedin West referred to the question of the abolition of certain accounts. This only affects the cash operations of the annual public accounts, and these accounts will be presented to Parliament, showing the true position of each. In absorbing these various accounts into one general account the practice of showing the details of each account will not be disturbed." It is clear, therefore, that though the separate accounts were to be abolished and the transactions merged in other accounts, it was, nevertheless, intended that the details relating to each account should still be separately disclosed in the public accounts. In many cases, however, this is not being done, as the transactions of the closed accounts are so intermingled with those of the accounts with which they have been merged that they cannot be distinguished therefrom. Separate accounts such as those in question are accounts which have been established from time to time under special parliamentary enactment, with a view of providing a means of imposing parliamentary control on the amounts expended on the various undertakings, and at the same time obtaining accurate and reliable information as to the financial result of each undertaking. They were in iactfund accounts showing the moneys belonging to each account, and were designed to ensure that moneys authorized by Parliament to be raised for and applied to some specific purpose were actually raised and applied for such purpose and no other.

XX

B.—l [PT. ll].

The separation of the accounts into funds is one of the characteristics in which governmental accounts differ from the accounts of private or non-governmental institutions. The following quotations from a writer on governmental accounting clearly set out the position : — " The incomes of a public corporation are, furthermore, specific in character* consisting of returns from levies made to meet particular expenditures and to provide money for particular purposes. In order to make sure that these incomes will be used exactly in accordance with the purpose for which they were received, funds are created, in which each kind of income is separately deposited and accounted for, and from which it may be disbursed only for the object for which it was established. The process of funding is one of the most individual and vital features of public accounts, and affects their procedure and classification throughout. Through it each fund becomes a complete accounting unit, and a separate accounting entity." " The accounts of a Government or public institution, therefore, include, for example, not merely one cash account, but as many cash accounts as there are different funds to be accounted for, since the amount of cash applicable to each fund must be shown." It has been contended in some quarters that the functions of the statutory separate accounts can just as well be fulfilled by the departmental Revenue Accounts and Balance-sheets which are published annually in B. 1 [Pt. IV], but it will be seen from the foregoing quotations that the production of accounts on commercial lines cannot displace the production of true governmental accounts. In view of the increasing tendency of Governments, both general and local, to undertake commercial activities, it is becoming increasingly necessary for the Government to publish " commercial " accounts in connection with such activities, but such commercial accounts should be ancillary to the Public Accounts kept in the usual form common to other Governments, and should not be allowed in any way to displace such governmental accounts. One of the chief functions of governmental accounts, as already stated, is to provide a means for the control by Parliament of the public expenditure. Such control can be fully effective only if applied before the expenditure is made, and it is clear that the commercial accounts, which in the nature of things cannot be prepared until some time after the close of the financial year, cannot be used to control the expenditure made during that year. The governmental accounts in the usual form, however, are designed for the very purpose of making such control effective, for they show at any time during the year the amount of money made available by Parliament for each specific purpose, and also the amount of appropriation, or authorization by Parliament, for the expenditure of such money. The closing of the separate accounts tends to weaken the parliamentary control of expenditure by rendering it difficult or impossible to obtain detailed information as to the transactions relating to each separate undertaking, and at the same time tends to render the commercial accounts — that is to say, the revenue accounts and balance-sheets —of the various Departments and undertakings published in 8.-l (Part IV) less accurate. An example of these effects is afforded in the case of the Cheviot Estate Account, which was established in the year 1893-94, and was in operation for some thirty-seven years. Before section 340 of the Land Act, 1924, was repealed, the moneys in the Cheviot Estate Account were to be expended, without further appropriation, for the purposes of Part IX of the Land Act —that is, for the purposes of the Cheviot Estate. When the account was abolished in 1930 and the details incorporated in the Land for Settlements Account the legislation was amended so as to authorize any expenditure for the purposes of the Cheviot Estate to be made, without further appropriation, from the Land for Settlements Account. The moneys in the Cheviot Estate Account were derived solely from receipts from the estate and from investments of such receipts, and the expenditure which could be made for the purposes of the Cheviot Estate was therefore limited by the amount of such receipts. Under the amended legislation, however, any of the moneys in the Land for Settlements Account may now be expended for the purposes of the Cheviot Estate, and such moneys consist not only of the receipts from all estates (including the Cheviot Estate) and from various other sources, but there is also a loan authority of £1,000,000 per annum available for the purposes of this account, including expenditure on the Cheviot Estate. It is clear, therefore, that the legislation abolishing the account has had the effect of increasing the amount which could be expended for the purposes of the Cheviot Estate, if so desired, and has thus to a large extent relieved such expenditure from any effective control by Parliament. The closing of the separate account has not only made it impossible to trace the transactions relating to the Cheviot Estate in the Statement of the Revenue and Expenditure of the Public Account published in 8.-l [Pts. I and ll], but it has also had the effect of rendering the annual revenue account and balance-sheet relating to the Cheviot Estate inaccurate and misleading. The following figures show the annual amount earned by the Cheviot Estate Account as interest on investments, and the net revenue for the last eight years, extracted from the departmental revenue accounts and balance-sheets relating to the estate. In the last two years the figures appear in a separate column in the departmental accounts relating to the Land for Settlements Account. At the time of writing the departmental accounts for the year 1931-32 have not been published, and the figures for that year are quoted from the accounts submitted for audit. Interest on , T j. -r» Year. Investments. Net Revenue. £ £ 1924-25 .. .. .. .. .. .. 8,376 16,063 1925-26 .. .. .. .. .. .. 9,424 17,093 1926-27 .. .. .. .. .. .. 7,882 18,979 1927-28 .. .. .. .. .. .. 7,769 17,217 1928-29 .. .. .. .. .. ' .. 8,703 19,621 1929-30 .. .. .. .. .. .. 9,605 20,496 1930-31 .. .. .. .. .. .. 9,354 20,619 1931-32 .. .. .. .. .. ..Nil 11,671

XXI

B.—l [PT. ll].

A scrutiny of the above figures at once reveals the fact that as a result of the closing of the Cheviot Estate Account, the interest on investments formerly credited to that account has not in the year 1931-32 been credited to the Cheviot Estate in the column provided in the Land for Settlements Departmental Revenue Account, and, as a result, the net revenue of the estate is shown as decreased. It is noticeable that the decrease in the net revenue corresponds very closely with the decrease in the amount of the interest on investments. Against the net revenue of £11,671 a further charge of £8,380 has been made, which is stated to represent " Interest on Cheviot Estate fixed capital," and a corresponding credit has been made to the Land for Settlements Account. As the whole of the Cheviot Estate capital was handed over to the Land for Settlements Account, there seems no reason why the Cheviot Estate should be charged with interest on what was its own capital; but, on the contrary, any such interest should be credited to the Cheviot Estate. As a result, the net revenue of the Cheviot Estate, as shown in the Revenue Account for the year 1931-32, is reduced to £3,291 only, as compared with £20,619 shown for the previous year. An analysis of the figures in the Revenue Account shows that, as a matter of fact, the estate has earned at least as great an amount of net revenue in the year 1931-32 as in previous years. It seems clear, therefore, that such revenue has been diverted to another account, the Land for Settlements Account, and has had the effect of increasing the apparent profits of the latter account beyond the true amount of such profits. As a result of the closing of the Cheviot Estate Account, therefore, the departmental accounts relating to both this account and to the Land for Settlements Account have been rendered inaccurate and misleading. The above figures indicate that the statement made to Parliament is not being observed in regard to the closing of these accounts, for the true details of the transactions relating to the closed account can no longer be ascertained from the Statement of the Revenue and Expenditure of the Public Account comprised in 8.-l [Pts. I and ll], nor are the results of such transactions correctly disclosed in the departmental Revenue Account and Balance-sheet compiled for publication in 8.-l [Pt. IV]. Departmental and State Balance-sheets. All Departments have submitted balance-sheets together with income and expenditure or revenue accounts for the year ended 31st March, 1931. A total of 109 balance-sheets of Departments and accounts were examined and certified by audit during the year, and will be found included in the parliamentary paper 8.-l [Pt. IV]. The standard of accounting throughout the Government has been well maintained. An amalgamated State Balance-sheet has again been prepared and audited, the method of compilation being similar to that in the previous year, but with the experience gained a better grouping of the various assets and liabilities was made and several minor errors of the past year rectified. I have, as in previous reports, selected the accounts of certain Departments—this year the Post and Telegraph Department, Industries and Commerce, Tourist, and Publicity Department, and the Defence Department—for comment, and beg to submit the following remarks thereon. Post and Telegraph Department. This Department has for some years past been regarded as a trading Department, and from Ist April, 1928, has been separated from the Public Account. It is therefore desirable that it should receive credit for the full cost of any work performed by it. Such, however, is not the case, as the Department is required to undertake work for other non-trading Government Departments at rates which do not cover the costs, and in the case of telegraphic work do not yield even ordinary rates, although such ordinary rates do not cover the cost of the maintenance of the services of this particular branch of the Department. A statement, covering four items, showing the amount received by the Department as compared with the estimated amount receivable had ordinary rates been charged for the year ended 31st March, 1932, is as follows :— Amount received. Estimated as receivable at Ordinary Rates. £ s. d. £ s. d. Ministerial telegraphic memoranda .. .. 2,000 0 0 9,874 6 3 Franked Government telegrams .. .. 600 0 0 974 12 10 Telegrams of members of General Assembly .. 1,816 5 8 2,525 0 0 Franked telephone (tolls) communications .. 150 0 0 2,879 0 1 £4,566 5 8 £16,252 19 2 It may be noted that the loss on the working of the Telegraph Branch for that year was over £88,000. Since early in 1927 there has been in operation by arrangement with the Imperial authorities an official wireless news service. The Post and Telegraph Department made a charge against the Prime Minister's Department of 2d. per word, but this was not agreed to, and, as the counter-offer was not satisfactory to the Post and Telegraph Department, no payment was received by the Department for services provided to the 31st March, 1931, but £100 was accepted during the year ended 31st March, 1932. At the rate proposed by the Post and Telegraph Department the total amount receivable to the 31st March, 1932, would have been £12,283 ss. 7d. divisible between the Wireless and Telegraph Branches in the proportion of 3to 1. The offer of the Prime Minister's Department was £250 per annum, and payment at this rate is being made by the Press Association from Ist April, 1932. On one year's traffic alone—that for the year ended 31st March, 1929 —in which a record was kept, the charge for the Rugby Press at the average cost of working per word, excluding depreciation and interest on capital, would have been £1,426 18s. 6d., and if even this had been collected there would still have been a loss on the working.

XXII

B.—l [Pt. IT].

Industries and Commerce, Tourist, and Publicity Department. When the production of proper commercial accounts was first undertaken there were two separate Departments—the Industries and Commerce Department, and the Tourist and Health Resorts Department—while there was no special publicity service undertaken by any Department. The Department of Tourist and Health Resorts first published accounts for the year ended 31st March, 1921, but, as no books of account had been opened, these were unaudited. No detailed accounts for the various schemes under the Department's control were published, the net cost of each institution or undertaking being shown in a general Income and Expenditure Account. In the succeeding year books were opened, and separate working accounts for the various institutions were prepared and published, and the accounts were duly audited. No interest on capital or Head Office administration expenses was, however, charged against the institutions, the general revenue account carrying the full charge, and in several instances the values of assets were approximate only. At this stage there was no proper store system in operation in the Department. The accounts for the year ended 31st March, 1923, were very similar to those of the previous year, except that there was a regrouping of fixed assets. In the following year interest on capital was charged against each institution, and a stores system was introduced and came into operation from the Ist April, 1924. For the year ended 31st March, 1925, the Head Office administration expenses were apportioned over the subsidiary accounts and a proper valuation of certain assets made. The accounts were now on a satisfactory footing and have continued to be so since. From the Ist April, 1930, the Industries and Commerce Department, whose accounts had never occasioned any considerable trouble, and the Publicity Branch, which had formerly been under the Internal Affairs Department, were incorporated with the Tourist and Health Resorts Department. Subsidiary Income and Expenditure Accounts bearing their proportions of Head Office expenses were prepared for these two special branches. The accounts are well kept and correctly represent the cost of administering the Department. Defence Department. The first accounts published (unaudited), for the year ended 31st March, 1921, comprised a Balance-sheet and one revenue account, which gave very little information as to expenditure. There was very little classification of assets, the value of which in a number of cases had been assessed. In the early years of commercial accounting considerable difficulties were encountered on account of the huge volume of stores and the peculiar nature of the Department's activities. At the same time there was in existence the War Expenses Account, and considerable difficulty was experienced in distinguishing the assets of that account from those of the Department's peace Defence vote which were reflected in the departmental accounts. In the following year the Revenue Account was dissected and separate accounts were published for each branch. These accounts were audited, but were not altogether satisfactory from an audit point of view, as the military accounting system did not lend itself readily to commercial accounting. The ordnance stock and armaments were ledger balances and not stock-sheet figures. The transactions between the Defence vote and the War Expenses Account were more clearly recorded, however. For the year ended 31st March, 1923, the revenue accounts were further dissected, and a separate account was shown for army ordnance stores, stocks, &c., which made the accounts much more satisfactory. The revenue accounts for Aviation, Army Ordnance, and Defence vessels bore their shares of the interest on capital. By this time the War Expenses Account had been closed and the bulk of War Expenses stores taken over by the Defence Department. In the 1927-28 year the General Headquarters, Territorial Forces, and Cadet Forces Revenue Accounts were dissected to show the cost in each command. From that date the annual departmental accounts have been well and carefully kept, and now give a true statement of the financial position of air and land defences of the Dominion. Stores Audit. The audit of Government Stores and material presents many difficulties which are not met with in the audit of cash accounts. When cash, is received it can as a rule be traced to its destination (the Public Account) without much difficulty, but it is not so easy to follow to their ultimate destination consumable stores and material after purchase. Some stores can be more easily misappropriated than money, but the resultant loss to the public is the same whether the money voted to purchase the stores is misappropriated or whether the stores themselves after purchase are misappropriated. Stores systems should not be too complicated. The main essentials are liable to be lost sight of if a system is overburdened with detail. There are, however, certain essentials which should be observed in all Government Departments to ensure that the stores are actually used for the purposes intended. A most important requisite in any stores system is the preparation of reliable estimates showing the amount of the various materials required for any particular service. These detailed estimates, if carefully prepared, serve as a check on the issues of the stores for the work. It has been found also that losses frequently occur in the writing-off of articles when no systematic survey of those articles by a superior officer has first been made. There can be no doubt that the losses in stores have been greatly reduced of late years owing to the improved systems introduced by the Departments, but a great deal remains to be done in some parts of the service.

XXIII

B.—l [Pt. ll].

During the period under review the undermentioned accounts were examined and reported on by the Stores Audit Inspectors and the reports have been brought under the notice of the various Departments : —

List of Departments the Property and Stores of which have been Audited during the Year.

XXIV

Department and Office. Number. Date. ! Remarks. Agriculture Department— Offices of Inspectors of Stock .. .. 22 Various Cash and stores. District Office, Auckland .. .. .. 15/12/31 Cash and stores. District Office, Christchurch .. .. .. 31/7/31 Cash and stores. District Office, Dunedin .. .. .. 23/9/31 Cash and stores. Quarantine Station, Motuihi .. .. .. 19/2/32 Stores. Horticultural Station, Te Kauwhata .. .. 31/3/32 Cash and stores. Farm of Instruction, Ruakura .. .. . . 2/10/31 Cash and stores. Pumice Land Development, Rotorua .. .. 23/7/31 Stores. Laboratory, Wallaeeville .. .. . . 24/8/31 Cash and stores. Experimental Farm, Waimaunga.. .. .. 9/11/31 Cash and stores. Experimental Farm, Ashburton .. .. .. 31/7/31 Cash and stores. Experimental Farm, Galloway .. .. .. 5/1/32 Cash and stores. Experimental Area, Gore . . .. .. 30/4/31 Cash and stores. Defence Department— Receivers and Sub-receivers .. .. 18 Various Cash. Units and sub-units .. .. .. 67 Various Stores. Aerodrome, Hobsonville .. .. .. 21/10/31 Stores. Ordnance Depot, Ngaruawahia .. .. . . 31/8/31 Stores. Ordnance Depot, Trentham .. .. .. 27/2/32 Stores. Ordnance Depot, Burnham .. .. . . 18/12/31 Stores. Aerodrome, Wigram .. .. .. .. 30/4/31 Stores. Education Department— Child Welfare Offices .. .. .. 12 Various Cash and stores. Receiving-home, Hamilton .. .. .. 11/4/31 Cash and stores. Receiving-home, Napier.. .. .. , . 31/12/31 Cash and stores. Special Schools, Wellington .. .. . , 18/8/31 Cash and stores. Special School, Richmond .. .. .. 21/1/32 Cash and stores. Girls' Home, Burwood .. .. .. . . 28/7/31 Cash and stores. Special School, Sumner .. .. .. . . 25/8/31 Cash and stores. Special Schools, Dunedin .. .. . . 31/7/31 Cash and stores. Special School, Otakaike .. .. . . 31/8/31 Cash and stores. External Affairs Department— M.v. " Maui Pomare.. .. .. 6/5/31 Stores. Health Department— St. Helens Hospitals .. .. .. 7 Various Cash and stores. Quarantine Station, Motuihi .. .. .. 19/2/32 Stores. District Office, Auckland .. .. 31/7/31 Cash and stores. King George V Hospital, Rotorua .. .. 30/6/31 Cash and stores. Sanatorium, Pukeora .. .. .. .. 31/7/31 Cash and stores. Sanatorium, Otaki .. .. .. . . 31/12/31 Cash and stores. * Dental and Sera Store, Wellington .. .. 24/4/31 Stores. Queen Mary Hospital, Hanmer .. .. , . 23/1/32 Cash and stores. District Office, Dunedin .. .. 31/8/31 Cash and stores. Industries and Commerce, Tourist, and Publicity Department— District Office, Auckland .. . . .. 27/4/31 Cash and stores. District Office, Te Aroha .. .. . . 20/6/31 Cash and stores. District Office, Rotorua .. . . .. 30/9/31 Cash and stores. Bath House, Rotorua .. .. . . .. 9/9/31 Cash and stores. Sanatorium, Rotorua .. .. .. .. 7/9/31 Cash and stores. Hostel, Waitomo Caves .. .. .. 21/11/31 Cash and stores. Chateau Tongariro, National Park . , .. 16/12/31 Cash and stores. District Office, Wanganui .. .. .. 11/11/3.1 Cash and stores. District Office, Nelson .. .. .. .. 2/2/32 Cash and stores. District Office, Dunedin .. .. .. 6/6/31 Cash and stores. Internal Affairs Department— Custodians of Government Buildings .. 6 Various Cash and stores. Explosive Magazines .. .. .. 4 Various Stores. Conservator of Fisii and Game, Rotorua .. . . , 4/7/31 Cash and stores. Lands and Survey Department— Land Drainage, Kaitaia .. .. .. 30/9/31 Cash and stores. Land Drainage, Kerepeehi .. .. .. 31/3/32 Cash and stores. Marine Department— Mercantile Marine Office, Wellington .. .. 30/11/31 Stores. Mercantile Marine Office, Westport .. .. 3/11/31 Stores. Harbour Board, Westport .. .. . . 31/10/31 Stores. Mental Hospitals Department— Mental Hospital, Avondale .. . . .. 12/6/31 Cash and stores. Mental Hospital, Porirua .. .. .. 31/3/32 Cash and stores. Mental Hospital, Nelson .. .. .. 31/1/32 Cash and stores. Mental Hospital, Seaview .. . . . . 31/3/32 Cash and stores. Mental Hospital, Seacliff . . . . .. 29/2/32 Cash and stores. Mental Hospital, Sunnyside .. .. .. 30/6/31 Cash and stores. Mines Department— State Coal Depot, Wanganui .. .. . . 31/3/32 Cash and stores. State Coal Depot, Wellington .. .. . . 31/3/32 Cash and stores. State Coal Depot, Christchurch .. . . .. 31/3/32 Cash and stores. State Coal-mines, Greymouth .. .. . . 29/2/32 Cash and stores.

B.—l [Ft. ll].

List of Departments the Property and Stores of which have been Audited during the Year —continued.

Audit of the Accounts of Local Authorities. I am pleased to report that, despite the fact that the legislation of recent sessions of Parliament has considerably increased the work of the Audit Inspecting Staff, the audits of local authorities accounts during the past year have been brought closer up to date than has been the case for a considerable number of years past. , . It is also satisfactory to note that there is an improvement m the manner m wluch many of these accounts are now being_ prepared and also that greater promptness is being observed in submitting the accounts for audit. v, j a Durino- the past year there were no less than 2,006 accounts of local authorities audited and certified by the Audit Office, the classes of accounts and the number in each class, included in this total, being as follows : — Counties .. .. ..130 River Boards .. •• 41 Boroughs .. • • .. 128 Drainage Boards .. • ■ 74 Town Boards 73 Rabbit Boards .. •• 55 Road Boards 13 Electric-power Boards .. .. 48 Harbour Boards .. . • 36 Domain and Scenic, &c., Boards 84,3 Hospital Boards .. • • 55 Cemetery Trustees .. • • 3 ;^ Fire Boards 59 Miscellaneous .. •• 39 Educational .. .. • • 77 Local Authorities' Finance. The present adverse economic conditions are reflected in the accounts of local authorities and it is apparent that many local authorities, owing to their inability to collect the rates levied are finding it increasingly difficult to keep within the statutory limits of overdraft or to meet their ° bli fe the past year there were no less than forty instances where the statutory provisions governing borrowing on overdraft were contravened by local authorities, and m each case the local authority concerned was called upon to take immediate steps to reduce its overdraft to within the l6ga ThTThames Borough Council was, during the past year, unfortunately compelled to notify its debenture-holders that it was unable to meet interest payments on its loans, and an arrangement was entered into between the Council and its debenture-holders enabling relief to be given to the borough ratepayers Special legislation was passed during last session of Parliament to give effect to this arrangement and to provide for the appointment of a Commissioner for three years to control the affairs 0 f the borough.

iv—B. 1 [Pt. ll].

XXV

Department and Office. Number. Date. Remarks. Naval Defence Department— Cash accounts .. .. .. .. 48 Various Cash. Provision accounts .. .. .. 21 Various Stores. Clothing accounts .. .. .. 16 Various Stores. Ledgers .. .. ... .. 52 Various Cash. Miscellaneous accounts .. .. .. 31 Various Boatswain's, engineers, gunners , medical, and permanent naval stores and mess-traps. Armament Supply Officer, Takapuna .. .. 11/3/32 Stores. R.F.A. " Nucula" .. .. .. .. 12/3/32 Stores. R.N.V.R., Wellington .. .. .. .. 5/10/31 Stores. Native Department—Development schemes, North Auckland .. .. 16/12/31 Stores. Base Farm, Motatau .. .. .. •• 16/12/31 Stores. Development scheme, Ranana .. .. .. 3/2/32 Stores. Hnl'ipp T)omn.Ytvn.PYt t. District Office, Auckland .. .. .. 28/4/31 Cash and stores. District Office, Wellington .. .. .. 15/3/32 Stores. Post and Telegraph Department— Workshops, Wellington .. .. .. .. 11/1/32 Stores. Prisons Department—■ Prisons .. .. • • • ■ 16 Various Cash and stores. Public Works Department— District Offices .. .. .. .. 24 Various Cash and stores. Road and construction works .. . ■ 46 Various Stores. Workshops, Auckland .. .. .. • • 1/7/31 Stores. Waikaremoana .. • ■ • - • - 2/9/31 Cash and stores. Mangahao .. .. .. • • • • 2/9/31 Cash and stores. Workshops, Wellington .. .. .. ■ ■ 6/10/31 Stores. Lake Coleridge.. .. .. ■■ 23/8/31 Stores. Waitaki .. .. .. • • ■ • 12/9/31 Cash and stores. State Forest Service — Auckland .. .. .. • • ■ • 30/9/31 Cash and stores. Rotorua .. .. ■ ■ • • • • 28/1/32 Cash and stores. Palmerston North .. .. ■ • ■ • 31/8/31 Cash and stores. Nelson .. .. •• 31/1/32 ■ Cash and stores. Hanmer Springs .. .. • • • • 19/1/32 Cash and stores. Christchurch 31/8/31 Cash and stores. Tapanui .. .. •• •• 23/11/31 Cash and stores.

B.—l [Pt. ll].

Other local authorities are experiencing difficulty in meeting their obligations to pay interest and sinking fund on loans, one at least of which has placed its financial position before its bond-holders with the object of obtaining some measure of relief from the burden of loan charges. I desire to stress again the necessity for local authorities to carefully review their estimates from time to time during the year, with the object of endeavouring to keep expenditure within the bounds of the available income. Domain Boards and Cemetery Trustees. Although the accounts of Domain Boards and Cemetery Trustees, which total 723 and 329 respectively, are individually small, considerable difficulty is experienced by the Audit Office in obtaining the books and accounts for audit in some cases, and it is evident that in these cases little interest is taken in the financial affairs of their respective Boards or Trusts by the members, upon whom the responsibility of submitting the accounts to the Audit Office is placed by statute. Repeated requests made in writing and personally to the Secretaries or Chairmen of these defaulting bodies have in many cases failed to obtain any satisfactory result, and as the homes of these gentlemen are generally situated some distance from the ordinary routes travelled by the Audit Inspectors, the Audit Office has solicited the co-operation of the permanent heads of the respective Departments concerned —i.e., the Lands and Survey Department in the case of domains, and the Health Department in the case of cemeteries —in endeavouring to obtain the books from the Secretaries or Chairmen for audit. Despite these efforts, however, there are still some Domain Boards' and Cemetery Trustees accounts which have not been submitted for audit as required by the law. It is no part of the duty of the Audit Office to prepare these accounts nor has it any say in the appointment of the Secretaries, which are matters for the Boards themselves. The position has been represented to the Right Hon. the Prime Minister, and I am pleased to state that he has agreed to the introduction of legislation giving Audit greater powers with regard to the audit of these accounts. Disqualifications. Fifteen members of local authorities forfeited their seats during the past year on account of their being concerned or interested in contracts with the local authority of which they were members to an extent in excess of the statutory contractual limits, or on account of their holding an office or place of profit under or in the gift of such local authority. In all instances the members concerned appear to have acted in ignorance of the law. In the present state of the law a person employed by a local authority of which he is a member, on works carried out by it under an unemployment scheme, is automatically disqualified from acting as a member of that local authority, and it would appear desirable in the particular circumstances that such person should by statute be granted exemption from disqualification. There is, however, nothing to prevent him from obtaining work under an unemployment scheme administered by an adjoining local authority of which he is not a member. At the present time the various statutes which govern the qualification for members of local bodies provide each for its own condition of disqualification and, in consequence, a person may be disqualified for acts in respect of one local body of which he is a member, while no disqualification would ensue for a similar act in respect of another class of local body. This diversity in the statutory provisions governing disqualification has been on many occasions the cause of members being unwittingly disqualified, and the cause also of the Audit Office rulings in the matter being misunderstood. I desire, therefore, to again call attention to the necessity for enacting some uniform provision regarding disqualification which will be applicable to members of every class of local authority. Defalcations. The defalcations on the part of local authority officials which were reported by Audit Inspectors during the past year totalled eighteen in number, and show an increase of eight as compared with the number reported the previous year. Criminal Court action was taken in respect of these defalcations in each instance. The largest sum misappropriated by any one official in the cases referred to was approximately £1,180, and in two other cases the total sums involved amounted to approximately £1,140 and £1,115 respectively. Local Government Law. The Audit Office was called upon to take action in respect of numerous breaches of the law relating to the accounts of local authorities as detailed below (Schedule A). Where a satisfactory explanation concerning the breaches of law has not been made by the local authority an adjustment in the accounts or a recovery of the moneys has been required by the Audit Office. Where, however, special circumstances existed the adjustment has been waived on an undertaking being given that legislation would be sought for the purpose of validating the irregularity. A list of the special cases where this conditional waiver was granted is set out in Schedule B.

XXVI

B1 [Pt. ll].

Schedule A. Depreciation in trading accounts, absence or inadequacy of charge .. • • ® Disqualification of local-body members on account of breaches of law .. . • "90 Expenditure without legal authority .. .. .. • • ■ • • • Failure to provide for expenditure for year out of revenue .. .. ■ • •' _ Fidelity securities (absence of) .. .. • • ■ • • ■ ■ • • • • • Imprest accounts without authority of law .. .. ■ • ■ • • < "in Investments contrary to law Local Bodies' Loans Act, 1926 (offences under)— (a) Loans raised in excess of or without legal authority .. .. • • "4.1 Ib) Loan-moneys illegally expended .. .. .. • • • • • • ' s (c) Interest on loan fixed deposit, wrongly applied .. .. • • • • " o (d) Loan-moneys not in separate bank account .. • • • • • • "in (e) Sinking funds not established or provided for .. .. • • • • .. 1U (/) Separate accounts not kept for loan allocations . . .. • • • • • • (g) Sale of debentures at a discount .. .. • ■ • • • • (h) Miscellaneous .. .. • • • • • • • • ■ • • • . Main Highways Act, 1926, section 2 —Separate bank accounts not kept Moneys not banked regularly as required by law.. .. . • • • • • •• Overdrafts without or in excess of statutory authority .. .. • ■ • * Overdrafts without consent of Minister .. .. . • • • ■ • • • "91 Payments unsupported by receipts and/or vouchers .. • • • • • • " 4. Purchase on terms or by instalments and payment of interest thereon .. • ■ " qp Rates, dues, &c., not levied or collected according to law .. . - • ■ • • Refunds and remissions contrary to law .. • • ■ • • • .. .. Reserves for depreciation, &c., not invested .. •• •• Separate accounts established without lawful authority .. .. • • • • • • Separate accounts not kept as required by law .. .. • • • ■ • * Travelling expenses and allowances in excess of or without statutory authority .. " 1 Unlawful sinking and other funds .. • • • • ■ • • • • ■ • * " Unauthorized " and other payments in excess of legal limits .. .. • • "37 Miscellaneous Public Reserves, Domains, &c., Act (offences under)— (a) Borrowing without authority of law .. .. • • ■ • • • "a (b) Breaches of trustee law.. .. •• •• (c) Failure to bank funds as required by statute .. .. • • • • "in (d) Investments and deposits without authority of law .. .. • • "19 (e) Payments without statutory authority .. .. • • • • • • •• (/) Miscellaneous Cemeteries Act (offences under) —• (a) Breaches of trustee law.. .. • • ■ • • • ■ • • • '" (b) Failure to bank funds within prescribed time .. .. • • • • " 4. (c) Payments without statutory authority .. .. • • ■ • • • "11 (d) Miscellaneous Attention has been drawn during the year to the following matters which relate to the accounts of local authorities, but which are not breaches of law : - Unsatisfactory systems of accounts —- (a) Financial .. ■. • • • • • • • • • • •' " Ib) Stores .. •• •• •• •• •• •• '* " iq Excessive sundry debtors, laxity in collecting rates, &c. .. .. • - •• _ Profit and Loss Account—Balance incorrectly stated .. .. • • • • " \l Sundry items not verified owing to inadequacy or non-production of supporting evidence 4o Schedule B.—Breaches of Law passed subject to Validation of Irregularities. Tauranga Borough Council—Loan-moneys used to reimburse expenditure prior to authorization of Kahutara River Board—Loan Account charged with expenditure incurred prior to ratepayers' consent. Waimakariri River Trust—Limit of "Unauthorized" expenditure exceeded. Jed River Drainage Board—Board's funds unlawfully distributed amongst ratepayers on Boards ceasing to function. . Coromandel County Council—Loan raised at higher rate of interest than prescribed 111 Order m Council. Wairoa Borough Council—Unlawful payment of pension to retired gardener. Napier Borough Council—Proceeds of loan allocation used for purposes other than those for which the loan was raised. Irregularity in procedure in connection with raising of loan. South Rakaia Road Board—Advance to Clerk for purchase of motor-car. Pahiatua County Council—lnvestment beyond Dominion of unexpended balance of loan-moneys. Green Island Borough Council—Loan raised at higher rate of interest than that prescribed in Order in Council. . , , . Golden Bay Electric-power Board—Loan Account charged with expenditure incurred prior to taking of loan poll. , Oaonui Irrigation Board —Allowances unlawfully paid to Chairman of the Board. Waikaka Domain Board—Payment to Board member in excess of contractual limit. Te Ngutu-o-te-Manu Domain Board —Payment to Board member in excess of contractual limit. Flaxbourne Cemetery Trustees—Payment to a trustee in contravention of trustee law.

XXVII

B.—l [PT. ll].

SUGGESTIONS AND COMMENTS BY THE CONTROLLER AND AUDITOR-GENERAL. SECTION 90, PUBLIC REVENUES ACT, 1926. Use of " Disbursements Account " for the Public Account and Insurance Accounts. Section 55 of the Public Revenues Act, 1926, sets out the method by which moneys are to be issued and paid from the Public Account, and reads as follows " (1) The Paymaster-General shall from time to time prepare a requisition (in the form numbered (4) in the First Schedule hereto) comprising an account of such of the vouchers as are proposed to be paid, charging each item against the vote and fund or account as stated on the voucher ; and the requisition shall be sent to the Audit Office, together with all the vouchers relating thereto. " (2) The Paymaster-General shall also prepare and send to the Audit Office a bank order (in the form numbered (5) in the First Schedule hereto) directing the bank to honour the cheques of the Paymaster-General on the Public Account for the several amounts and at the several branches of the bank specified in the order, not exceeding in the whole the sum named in the requisition. "(3) On being satisfied that the issue named in the requisition and bank order is within the limit of the Governor-General's Warrant, and that there is a sufficient balance in the Public Account to the credit of the fund, vote, or account to meet the charges named in the requisition and bank order, the Controller and Auditor-General shall forthwith countersign the requisition and bank order, and return the bank order to the PaymasterGeneral, together with the vouchers relating thereto. " (4) The bank order, when so countersigned by the Controller and Auditor-General, shall be sufficient authority to the bank to pay the cheques of the Paymaster-General to the several amounts specified in the order. " (5) Notwithstanding anything to the contrary in this section, if the Controller and Auditor-General is of opinion that any such voucher as aforesaid is in any respect not in accordance with law he may refuse to countersign the requisition ; but in any such case he shall, if so required by the Treasury, submit the question of the legality of the voucher to the Attorney-General in accordance with section eighteen hereof, and the provisions of that section shall apply accordingly." Subsection (2) clearly indicates that the cheques covered by a bank order are to be drawn by the Paymaster-General on the Public Account, and the authority to pay given to the bank by subsection (4) appears to refer only to cheques so drawn. It has been customary for many years for the cheques to be drawn not on the Public Account, but on an account known as the " Public Account Disbursement Account." This account is in the nature of a suspense account, and is funded by means of the bank orders drawn on the Public Account, and is debited with the cheques when these are presented for payment. The use of the Disbursement Account enables the total of each bank order to be at once debited against the Public Account, without waiting for the individual cheques to be presented. The question as to whether the procedure now followed is in accordance with law was referred to the Crown Law Office, which has ruled that such procedure is lawful only if the Public Account Disbursement Account forms part of the Public Account. The Disbursement Account, however, has never been treated as forming part of the Public Account, and to treat it in such manner would mean that the published accounts for many years past have been incorrectly drawn up, as they have not included the balance of the Disbursement Account in the balance of the Public Account, but have shown the amounts paid into the Disbursement Account by means of bank orders as issued and paid from the Public Account. A somewhat similar position obtains in the case of the Government Accident Insurance Account, the Government Insurance Account, and the State Fire Insurance Account. In each case the statute governing the payment of moneys from these accounts —namely, the Government Accident Insurance Act, 1908, section 11 ; the Government Life Insurance Act, 1908, section 26 ; and the State Fire Insurance Act, 1908, section 30 —requires that the account shall be operated on only by cheque signed by the Commissioner or General Manager, as the case may be, and countersigned by the Audit Office. In the case of these accounts it is customary to make payment by means of a requisition and bank order to a Disbursement Account, from which the claims are paid by cheque. The requisition and bank order are countersigned by the Audit Office, but the cheques are signed and countersigned by officers of the Insurance Department and not by the Audit Office, and are not drawn on the account established by statute as required by the relative Acts. As a result, it is possible for a cheque to be drawn and paid from the Disbursement Account for a purpose other than that for which the moneys were placed in that account, and thus to make payments not authorized by law. The Crown Law Office has ruled that the procedure followed in the case of these accounts is contrary to law. It is desirable that the payment of Government moneys from the accounts established by Parliament should be placed on a proper footing so that not only will the law be complied with, but the necessary safeguards will be provided to ensure that public moneys are expended only in accordance with parliamentary appropriation and authority. The Audit Office realizes the convenience of the system of paying through Disbursement Accounts, and is of opinion that this system could safely be authorized by statute, provided the necessary safeguards were imposed by the Acts authorizing the use of Disbursement Accounts. If such Acts authorized the payment of moneys from the respective accounts to a Disbursement Account by means of a requisition and bank order on the lines of section 55 of the Public Revenues Act, 1926, and

XXVIII

B.—l [Pt. ll].

provided that the cheques should be drawn on the relative Disbursement Account, that a schedule of such cheques should accompany the bank order, and that the bank was authorized to pay only the cheques covered by such schedule and bank order, the position would appear to be adequately safeguarded as regards control of expenditure, without impairing the convenience of the system of payment through Disbursement Accounts. Native Land Settlement Account. In view of the remarks of the National Expenditure Commission on Native Affairs I feel it encumbent 011 me to mention that from time to time I have made representations to .the Treasury concerning the unsatisfactory position with regard to the methods employed in accounting for expenditure from the Native Land Settlement Account. I have also drawn attention to the difficulties experienced by the Audit Office in satisfying itself as to the accuracy of certain expenditure charged to the votes. The checking of expenditure involved in the purchase of stock for the various development schemes has been particularly troublesome, and numerous questions have been raised by Audit as to the steps taken by the Department to ensure that the moneys have been properly expended. It has also been necessary for me to make representations that, owing to the absence of details concerning the conditions of purchase, the Audit Office has found it impossible to make a satisfactory audit of much of this expenditure. In this connection I desire to direct attention to the Balance-sheet for the year ended March, 1931, which shows that losses in this account amounting to £1,167,003 18s. have been incurred. In addition to this amount, capital losses have also been incurred which are not readily ascertainable. An examination of the successive annual Balance-sheets of the Department suggests that something should be done to prevent the drift and the steadily increasing losses. High Commissioner's Office—lrregularities. In presenting this report I should be failing in my duty if I did not refer to the recent disclosures involving the misappropriation of public moneys by an officer of the High Commissioner s Department and an officer of the Audit Department stationed in London. It appears from details received to date that the misappropriations were entirely effected by the manipulation of an account in London known as the " Finance Officer's Imprest Account." The existence of this account became known to the Audit Office in New Zealand in the year 1928 as a result of action taken by Audit in connection with certain payments which are referred to on pages xvi and xvii of this report, and also in previous years' reports. ... The Audit Office was of opinion that there were several undesirable features m connection with the manner in which the Finance Officer's Imprest Account was being kept in London, which were as follows : Transactions were passed through the account without being recorded in the official Foreign Imprest Account which the High Commissioner was required by the Public Revenues Act to keep for recording all imprest transactions in London ; transactions were passed through the account without being recorded in the statement of the account forwarded to the Treasury in New Zealand ; moneys were paid into the account other than by way of imprest, which moneys by law should have been paid direct to the New Zealand Public Account in London under section 76 of the Public Revenues Act 1926. The safeguards imposed by this latter section have, I may say, since been to a great extent removed by the enactment of section 13 of the Finance Act, 1930 (No. 2). Audit objection to this weakening "of control was mentioned in my report for last year on page xiv. The Audit objections to the " Finance Officer's Imprest Account " were brought under the notice of the Secretary to the Treasury by memorandum dated the 16th September, 1929, and it was suggested to the Treasury that all the transactions of this account should be passed through the Foreign Imprest Account, London. The detail would then have passed into the Public Accounts of the Dominion and would have been subject to appropriation audit in Wellington. It was also represented to the Treasury that no receipts should be paid into the account, as the Public Revenues Act requires that all such receipts are to be paid into the Public Account, London ; further, it was stated that the practice of making payments on non-government services from the account and of paying the recoveries direct to the Finance Officer's Account instead of to the New Zealand Public Acc.ount in London should cease, and that all transactions should in future be included in the statements forwarded to New Zealand. It was further pointed out that a statement of the bank balance of this account should be included in the monthly statement of bank balances forwarded to New The Minister of Finance accepted the Audit recommendations and instructed the High Commissioner to arrange to act accordingly. It now appears, however, that the instructions of the Minister were not acted upon by the Finance Officer in London, and presumably did not reach the High Commissioner. Had these instructions been carried out, it would almost certainly have led to the discovery of the defalcations, as the vouchers for all payments made in London would then, in the ordinary course, have come before the Audit Office in New Zealand for review, and it would have been impossible for the officers in London to have concealed any unauthorized withdrawals from the account, except by the wholesale and continued forgery of documents to support such payments, or falsification of the statement of bank balances. I am also advised that instructions which were issued to Audit Officer by the Controller and Auditor-General were not communicated to the Assistant Audit Officer in London, and that he was consequently unaware of such instructions until recently. 5 The defalcations were effected partly by the officers obtaining imprests from the Finance Officer s Imprest Account, without accounting for the expenditure of such imprests, but were for the most part effected by the officers obtaining advances against salary from the same account, and also drawing

XXIX

8.-l [PT. ll].

their full salary in the ordinary manner and failing to repay the advances already obtained. I may explain that it has for many years been customary in the High Commissioner's Office to grant advances against salary, and many officers, from the Secretary downwards, have been accustomed to make use of this privilege, though in the case of officers other than those involved in the irregularities, any advances obtained have been repaid out of the salaries when drawn. The granting of such advances would not be permitted in New Zealand, but there has not been the same stringent control in the High Commissioner's Office, and in the opinion of Audit the rule followed in New Zealand should also be applied by the Treasury in the London Office. In justice to the Assistant Audit Officer in London it must be stated that early in the present year he discovered that defalcations had taken place. Though subordinate in status to both the officers responsible for the irregularities, he immediately took the matter up with them and vigorously pressed them to restore the moneys to the account, eventually notifying them that it would be his duty to report the matter to the Secretary to the Treasury on his arrival in London. The Finance Officer then confessed his guilt to the Secretary to the Treasury presumably as a result of this action. Consolidation of Government Loan Authorities. In my report for last year I referred to the desirability of consolidating the various Government loan authorities under each loan account. At present there are several, and in some cases many, loan authorities for the one account, and it seems unnecessary that there should be more than one such authority for each account. ... , . Such a consolidation would effect a considerable economy not only by simplifying and reducing the size of the statements of the Public Debt published in 8.-l [Fart lII] and of the statement of interest published in 8.-l [Part ll], but, also by reducing the number and complexity of the accounting entries, and thereby greatly lessening the clerical work both of the Treasury and Audit Departments. In view of the desirability of effecting every possible economy at the present time, I would again suggest that steps be taken to effect such a consolidation. _ _ With a view to indicating the reduction in the size of the debt accounts which would immediately be effected by consolidation, a statement is appended showing the loans relating to the Public Works Fund—General Purposes Account, as they would appear if consolidated by a Consolidation Act. This statement covers the loans shown under Public Works Fund, General Purposes Account in 8.-l [Part lII], 1931-32, pages 21 to 29. It will be seen that the entries of the loans which now occupy eight pages w r ould if consolidated occupy less then three pages. If consolidation were effected the way would be opened to a further considerable reduction by suitably arranging the maturity dates in such a way as to reduce the number of entries. I have taken the General Purposes Account as an example, but the same arguments will apply to all other loan accounts as well. In effecting any consolidation of loans it would be necessary, in the interests of correct accounting, to maintain the distinction between the loans raised for the purpose of different accounts.

XXX

B.—l [Ft. ll],

THE PUBLIC DEBT OF NEW ZEALAND. STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1932.

XXXI

Date of Inception of Loans for Purposes of A nnna i rharcrp Repayment of the Public Debt Act, 1925. Annual marge. Appropriate Account and Authorizing Act. Amount. Details. Due Date. o ® Amount. Year ended g & Amount. When payable. xa , £ s. d. £ s. d. £ s. d. % £ PUBLIC WORKS FUND. Gesekal Purposes Account :—- f 115 0 0 15 Dec., 1920 \ I9n n n 31 Mar 1Q2<5 4 i Unpresented 15 June and 15 Dec. New Zealand Loans Act, 1908, — , 5 0 0 15 Dec., 1925 _f '5 Unpresented 15 June ,, 15 Dec. Public Works Loans Consolidation Act —- 50 0 0 1 July, 1930 50 0 0 31 Mar., 1926 5 J Unpresented 1 Jan. ,, 1 July. 1,150 0 0 1 Aug., 1931 6 Unpresented 1 Feb. „ 1 Aug.. 2,100 0 0 15 Feb., 1932 5| Unpresented 15 Feb. „ 15 Aug. 125,000 0 0 31 Oct., 1932 4 5,000 30 April „ 31 Oct. 300 0 0 1 Dec., 1932 4J 14 1 June „ 1 Dec. 200,500 0 0 1 Feb., 1933 4 8,020 1 Feb. „ 1 Aug. 106,000 0 0 1 Feb., 1933 5J 5,830 1 Feb. „ 1 Aug. 11,000 0 0 1 Aug., 1933 5 550 1 Feb. „ 1 Aug. 950,000 0 0 1 Aug., 1933 4 38,000 1 Feb. „ 1 Aug. 41,000 0 0 15 Aug., 1933 3,165,865 0 0 31 Mar., 1925 < 4 1,640 15 Feb. „ 15 Aug, 8,350 0 0 15 Aug., 1933 5J 438 15 Feb. „ 15 Aug. 104,500 0 0 1 Dec., 1933 4 4,180 1 June „ 1 Dec. 760,565 0 0 1 Jan., 1934 4 30,422 1 Jan. „ 1 July. 1,200 0 0 1 Jan., 1934 4£ 54 1 Jan. „ 1 July. 744,700 0 0 1 Feb., 1934 4 29,788 1 Feb. „ 1 Aug. 7,750 0 0 1 May, 1934 5 387 1 May „ 1 Nov. 57,300 0 0 1 May, 1934 5J 3,008 1 May „ 1 Nov. Debentures issued .. .. .. 17,671,840 4 6 <( 7,600 0 0 1 May, 1934 5J 418 1 May „ 1 Nov. 36,850 0 0 1 July, 1934 J 15J 1,935 1 Jan. „ 1 July. 4,000.000 0 0 16 July, 1934 4,000,000 0 0 31 Mar., 1932 5 200,000 16 Jan. „ 16 July. 70,850 0 0 1 Aug., 1934 70,850 0 0 31 Mar., 1925 5J 3,719 1 Feb. „ 1 Aug. 250 0 0 1 Jan., 1935 250 0 0 31 Mar., 1926 5 12 1 Jan. „ 1 July. S:SSS S S 1 i«f } «•'» »« » (3 'US 1 ££, ! SJ: 3,920 0 0 1 Nov., 1935 3,920 0 0 31 Mar., 1926 5 196 1 May „ 1 Nov. 3,150 0 0 1 Dec., 1935 |\ 1S „ n n „ MnT . iq9F; /5 157 1 June „ 1 Dec. 15,380 0 0 15 Dec., 1935 I/ 18 > 530 0 31 Mar., 192o 692 15 June 15 Dec . „ _ , -n , J" 53,000 0 0 31 Mar., 1926 \ K1 . sia , T- , » 87,600 0 0 1 Feb., 1936 34,600 0 0 31 Mar., 1925 f 5 * ' " g ' 1,000 0 0 1 May, 1936 1 f 4J 45 1 May „ 1 Nov. 59,800 0 0 1 May, 1936 ] 5 2,990 1 May „ 1 Nov. 2,400 0 0 1 June, 1936 . ofi6 600 on 31 Mar 1Q25 J ® 1 June ,, 1 Dec. 0 0 1 Aug., 1936 f bb ' W0 0 0 31 Mar - 1925 ) 5i 1,856 1 Feb. „ 1 Aug. 44,450 0 0 1 Feb., 1937 | 5 2,222 1 Feb. „ 1 Aug. 123,600 0 0 15 Feb., 1937 J L5J 6,334 15 Feb. „ 15 Aug. 365,650 0 0 15 Feb., 1937 { 3»;™° £ J; *{ « }ōi 20,111 1 Mar. „ 1 Sept. Carried forward .. .. .. j 17,671,840 4 6 8,026,135 0 0

B. —1 [Pt. ll].

THE PUBLIC DEBT OF NEW ZEALAND. STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1932—continued.

XXXII

Date of Inception of Loans for Purposes of Annual CTfaar^e Repayment of the Public Debt Act, 1925. Annual Appropriate Account and Authorizing Act. Amount. Details. Due Date. o w Amount. Year ended Amount. j When payable. St . 1 rH m : | - — | j ! £ s. d. £ s. d. £ s. d. % | £ Brought forward .. .. .. 17,671,840 4 6 8,026,135 0 0 PUBLIC WORKS FUND—continued. 4,850 0 0 X Mar., 1937 \ 51 .~ )0 0 0 31 Mar., 1925 { 5 - ! l Sept" 300 0 0 1 Sept., 1937 / ' I» j 15 1 Mar. 1 Sept. Geneeal Pukposes Account— continued. 351,500 0 0 1 Sept., 1937 =f {fif'qon o 0 31 Mar' 1931 } 5i ! 19,333 1 Max. „ 1 Sept. New Zealand Loans Act, 1908 —continued. F 1 lt>8,900 0 0 dJ. Mar., lyrfi J 15 Time 15 Bee Public Works Loans Consolidation Act, 1917 — 369,615 0 0 15 Dee., 1940 (2 ■ ■ > »» ■ continued « 800 0 0 1 Jan., 1941 % ' "J® 11 - » * u1 /- Debentures issued —continued. .> 19,500 0 0 15 April, 1941 4 f | 878 15 April „ 15 Oct. 52,700 0 0 1 May, 1941 ji 2,372 1 May „ 1 Nov. 212 900 0 0 1 June, 1941 )> 1,906,479 4 6 31 Mar., 1925 4 S 9,580 1 June. ,, 1 Dec. 644',400 0 0 1 July, 1941 4 i ! 28,998 1 Jan. „ 1 July. 15,000 0 0 1 Aug., 1941 4 s 675 1 Feb. „ 1 Aug.. 365,244 4 6 1 Jan., 1949 4 14,609 1 Jan „ 1 July. 226,320 0 0 1 April, 1949 j I 4 9,053 1 April „ 1 Oct. f 8,320 0 0 31 Mar., 1926 IV, 1/f - 7 „ i Tan 1 T,,W 364,320 0 0 1 July, 1949 { 0 0 31 Mar., 1925 j 14 ' 5 ' 3 . " y ' 40,100 0 0 1 Oct., 1949 1 j f 4 .Mot 1 " i 4°*' 1,058.470 0 0 1 Feb., 1950 i 4 i « " 1 4 Ug " 293,300 0 0 1 May, 1950 4 Hon 1 M " 1 w 100,000 0 0 1 May, 1950 . IS " 1 a 956,901 0 0 1 Aug., 1950 j 4 | 1 Feb. „ 1 Aug. i £nn no 1 Nov 1950 59,424 1 May ,, 1 Nov'loo'ooo 0 0 1 Nov!' 1950 7,018,256 0 0 31 Mar., 1925 J. 4| 4,500 1 May „ 1 Nov. 50,000 0 0 1 Dec., 1950 4 2,000 1 June „ 1 Dec. 48,000 0 0 15 Dec., 1950 I 4 , 1.M0 15 June „ 15 Dec 500,000 0 0 1 Mar., 1951 4 20,000 1 Mar. „ 1 Sept. 150,000 0 0 1 Sept., 1951 : 4 6,000 1 Mar. „ 1 Sept. 2,214.945 0 0 1 Dec., 1951 : 4 88 >597 1 June „ 1 Dec. 20,940 0 0 1 Dec., 1951 J l 4 i 941 1 June „ 1 Dec. Funded Debt .. .. IjMO» 1« 3 J».™ * I W J& MM 4,000,000 0 0 31 Mar'., 1925 , 6 t | Redemption Treasury Bills .. .. 4,000,000 0 0 4,U00,UUU U u 10 du , q „„ j f 5 i Unpresentedl 15 Feb. and 15, Aug. r SSi : S i r :: i g . M1 , 1M „, a, M„„ »» i 3 •• > s 'IS 2 S IS &; IS j . l3 S it S. ;; g i£ New Zealand Inscribed Stock Act, 1917 .. 4,545,370 0 0 •< 336,660 0 0 1 Feb., 1936 =T 00 31 Mar!' 1925 / 18,516, 1 Feb. „ 1 Aug. 1 803 190 0 0 15 Feb., 1937 1,803,190 0 0 31 Mar.,; 1925 5J 92,414 15 Feb. „ 15 Aug. 1,030,470 0 0 15 Feb., 1937 | 0 0 31 19.26 } 5i 56 ' 6 ' 16 ' 15 " 15 AUg " Carried forward .. .. .. 26,386,319 19 9 ! 25,442,369 19 9 .. J

B.—l [PT. ll]

THE PUBLIC DEBT OF NEW ZEALAND. STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1932—continued.

v—B. 1 [PT. ll].

XXXIII

Date of Inception of Loans for Purposes of . „„_i Repayment of the Public Debt Act, 1926. Annual Charge. Appropriate Account and Authorizing Act. Amount. Details. Due Date. o "g I Amount. Year ended £ § ! Amount. When payable. cS ■+= £ s. d. £ s. d. £ s. d. % £ Brought forward .. .. .. 26,386,319 19 *9 25,442,369 19 9 PUBLIC WORKS FUND —continued. 22,880 0 0 1 Sept., 1937 22,880 0 0 31 Mar., 1925 5 1,144 1 Mar. and 1 Sept. General Purposes Account— continued. 539,950 0 0 1 Sept., 1937 109 i100 0 0 31 1931 } 29,697 1 Mar. „ 1 Sept. New Zealand Loans Act, 1908 —continued. 13,950 0 0 15 Dec., 1940 f 4J 628 15 June „ 15 Dec. Public Works Loans Consolidation Act —ctd. 500 0 0 1 May, 1941 23 1 May „ 1 Nov. New Zealand Inscribed Stock Act —ctd. 15,000 0 0 1 July, 1941 4J 675 1 Jan. „ 1 July. 700 0 0 1 Aug., 1941 I rtni "j 20 0 0 31 Mar 1925 ■< Feb. ,, 1 Aug. 4,000 0 0 1 Aug., 1941 381,120 0 0 31 Mar., 19/Ō 220 j Peb _ 1 Aug _ 200 0 0 1 Sept., 1941 5 10 1 Mar. „ 1 Sept. 335,770 0 0 1 Sept., 1941 5J 17,628 1 Mar. „ 1 Sept. I 11,000 0 0 1 Mar., 1944 J 495 1 Mar. „ 1 Sept. f 3,500 0 0 15 Feb., 1937 \ ■>,),, a a qi M ar 1925 Feb. „ 15 Aug. ., ,, , ,, T, V o/i oaa a a J 12,800 0 0 15 Feb., 1937 f lb ' d0U 0 U 31 Mar., ,gj 704 is Feb. „ 15 Aug. (AvaJable for Death Dutaes) .. .. 24,300 0 0 ' ! 1 } 6,000 0 0 31 Mar., 1925 \,I 440 , Mar ,„ g , 8,000 0 0 1 Sept., 1937 2,000 0 0 31 Mar., 1931 S " f 11,380,241 8 5 1 Jan., 1940 fH 398,308 1 Jan. „ 1 July. 3,000,000 0 0 1 Jan., 1943 14 8 31 Mar., 1925 4 120,000 1 Jan. „ 1 July. 3,536,451 6 3 1 Mar., 1944 J 159,140 1 Mar. „ 1 Sept. 3,794,031 16 0 1 Mar., 1945 3,794,031 16 0 31 Mar., 1926 4| 170,731 1 Mar. „ 1 Sept. 4,345,707 0 0 1 April, 1945 \,n oq<? 040 iq a 01 ivr ar 1Q95 130,371 1 April ,, 1 Oct. 7,891,636 13 4 1 July, 1945 4 lvlar " 394,581 1 Jan. „ 1 July. New Zealand Consolidated Stock .. 81,565,902 17 5 < 8,248,721 0 0 1 Jan., 1946 4 097 10 31 Mar'' 412,436 1 Jan. „ 1 July. o cao atp a o 1 at„ i a a i I 5,256,348 7 9 31 Mar., 1925 l,*, «qo ko o i „ i at™ 8,502,076 9 3 1 Nov., 1947 245 728 1 6 31 Mar 1929 f 382,592 1 j\i&y ,, 1 Nov. 5,729,818 6 8 15 Dec., 1949 ō!729'818 6 8 31 Mar.! 1931 5 286,490 15 June „ 15 Dec. 2,423,111 10 11 1 Aug., 1951 2,423,111 10 11 31 Mar., 1925 6 145,386 1 Feb. „ 1 Aug. f 12,227,987 13 3 31 Mar., 1925 16,727,987 13 3 1 Mar., 1958 <( 3'457i996 0 0 31 Mar.' 1929 Hi 752,760 1 Mar. „ 1 Sept. I 1,042,004 0 0 31 Mar., 1930 J L 5,986,119 13 4 1 Feb., 1963 5,986,119 13 4 31 Mar., 1925 4 239,444 1 Feb. „ 1 Aug. Total Public Works Fund— 107,976,522 17 2 107,976,522 17 2 General Purposes Account

B._l [P T . ll].

STATEMENT OF ROYALTIES PAYABLE TO THE CROWN AND UNPAID AT THE 31st MARCH, 1932. SECTION 91 (2), PUBLIC REVENUES ACT, 1926. Section 91 (2) of the Public Revenues Act, 1926, reads as follows: — " The Controller and Auditor-General shall include in the report to be prepared by him pursuant to subsection two of section eighty-nine hereof a statement as to all royalties payable to the Crown and for the time being unpaid, setting forth in respect of such royalties— " (a) The name of the person by whom the same are payable; " (6) The amount payable by each such person; and " (c) The steps (if any) that have been taken to recover the said royalties, and, if no such steps have been taken, the reasons for allowing the said royalties to remain outstanding." Following the course previously adopted, the names of those in arrear are not published although so required by the Act, but in the figures hereunder are included all amounts which were shown on the Department's books as owing and unpaid on the 31st March last. No attempt has been made to distinguish between the persons who have reasonable grounds for non-payment and those who have not: — Department. Amount unpaid. Forestry— £ s. d. £ s. d. Auckland region .. .. .. 47 7 10 Nelson .. .. .. .. 314 1 0 Rotorua .. .. .. .. 10,059 0 9 Wellington .. .. .. .. 87 13 0 Westland .. .. .. .. 287 510 Southland .. .. .. .. 5 3 4 10,800 11 9 Lands and Survey — North Auckland .. .. .. 278 19 4 Auckland .. .. .. .. 386 18 10 Gisborne .. .. .. .. 1,329 13 4 Hawke's Bay .. .. .. 259 3 10 Taranaki .. .. .. .. 2 1111 Wellington .. .. .. .. 1,593 11 7 Nelson .. .. .. .. 74 9 4 Westland .. .. .. .. 1,339 0 9 Southland .. .. .. .. 134 14 0 — 5,399 2 11 Prisons .. .. .. .. .. .. 1,815 16 4 Marine .. .. .. ~ .. .. 315 1 6 Native .. .. .. .. .. .. 1,994 18 7 Mines .. .. .. .. .. .. .. 9,408 13 4 Public Works .. .. .. .. .. .. 23 18 6 £29,758 2 11 MONEYS AND STORES WRITTEN OFF. SECTION 3 (3), PUBLIC REVENUES ACT, 1926. A statement of the items representing moneys and stores to the writing-off of which the Audit Office has given its concurrence since last report is shown in the Appendix hereto. STAFF. I desire to record my appreciation of the services rendered by the officers of the Department, whose work has been made heavier by reason of the special legislation arising out of the present depression. I have to acknowledge with thanks the courtesy and assistance accorded by the various Government Departments and local bodies to the Audit Office and the Audit Inspectors throughout the Dominion. G. F. C. Campbell, Controller and Auditor-General. Audit Office, 10th November, 1932.

XXXIV

B.—l [PT. ll].

APPENDIX,

STATEMENT OF SUMS IRRECOVERABLE BY THE CROWN, AND VALUE OF STORES, ETC., IN RESPECT OF WHICH AUDIT CONCURRENCE HAS BEEN GIVEN FOR THE WRITING-OFF AND DISCHARGE FROM THE PUBLIC ACCOUNT SINCE LAST REPORT.

XXXV

Department and Particulars. Reason for writing off. Value of Stores. Cash. ' — ~ ' " * Agriculture. £ s. d. £ s. d. Value of stores .. .. .. .. Loss on sale, deficient, broken, obsolete, 343 2 8 stolen, or burnt Value of stock .. .. .. .. Died or destroyed .. .. .. 284 19 3 Value of publications .. .. .. Gratuitously issued .. .. .. 3 4 9 Value of improvements .. .. .. Loss on realization .. .. .. 8 0 2 Value of motor-vehicles .. .. .. Loss on realization .. .. .. 36 2 10 Value of instrument .. .. .. Gratuitously issued .. .. .. 1 1 10 Quarantine charges on dogs .. .. Debt compromised; difference between .. 4 0 6 old and new rates Contribution towards salary of Farm Dairy Dairy company in liquidation.. .. .. 2 5 8 Instructor Clearing noxious weeds .. .. .. Debtor unfinancial .. .. .. .. 9 12 0 Poultry bulletin.. .. .. .. Draft on foreign bank dishonoured .. .. 0 1-5 Fumigation charges .. .. .. Debtor untraceable .. .. .. .. 0 2 0 Fruit destruction .. .. .. Debtor untraceable .. .. .. .. 0 3 0 Herd-testing fees .. .. .. Debtor deceased .. .. .. .. 7 6 0 Slaughtering and inspection fees .. .. Debtors unfinancial; fees reduced on .. 24 8 6 account of earthquake Translation of summonses .. .. Debtors unfinancial .. .. .. .. 0 10 0 Audit. Value of office equipment .. .. Unserviceable .. .. .. 7 15 5 Audit fees .. .. .. .. Fees reduced or remitted owing to special .. 26 1 0 circumstances Customs. Value of buildings .. .. .. Loss on demolition .. .. .. 210 0 0 Value of stores .. .. .. .. Stolen or destroyed .. .. .. 409 Defence. Value of stores .. .. .. .. Deficient, stolen, broken, destroyed by 34,502 8 5 fire, or loss on realization Value of horses .. .. .. .. Died or destroyed .. .. .. 122 5 3 Value of buildings .. .. .. Destroyed by fire, or loss on realization 1,063 0 0 Value of clothing and equipment on issue to Untraceable or destroyed by fire .. 60 17 4 trainees Value of stores .. .. .. .. Gratuitously issued .. .. .. 65 6 8 Value of aeroplanes .. .. .. Crashed while on loan to aero club or 484 5 4 damaged Hire of stores .. .. .. .. Charges remitted in consideration of losses .. Ill 3 9 sustained in earthquake; stores used in connection with unemployment relief Sale of wagon-cover .. .. .. Debtor untraceable .. .. .. .. 2 0 0 Repairs to gate-posts .. .. .. Nugatory expenditure; posts damaged .. 7 15 0 by bolting horses during military training operations Education. Value of stores .. .. .. .. Stolen, broken, deficient, or obsolete .. 1,204 8 2 Value of live-stock .. .. .. Died or destroyed .. .. .. 369 2 9 Maintenance fees .. .. .. Debtors in poor circumstances, untrace- .. 1,369 2 10 able, or deceased Sale of timber and basket-willow .. .. Debtors bankrupt or unfinancial .. .. 37 18 7 Advertising in Education Gazette .. .. Debtors untraceable .. .. .. 4 5 3 Tuition fees, American Samoan children .. Father of children claims British descent .. 13 10 0 External Affairs. Value of ship " Lady Roberts" .. .. Loss on realization .. .. .. 1,943 18 3 Repairs to cottage, Samoa .. .. Debtor unfinancial .. .. .. .. 36 14 9 Rent, board, supplies, and sundry services, Debtors unfinancial or deceased. Charges .. 262 6 2 New Zealand Reparation Estates in dispute Government Accident Insurance. Interest under agreement for sale and purchase Remitted in order to save security .. .. 199 0 0

B.—l [Fr. ll].

STATEMENT OF SUMS IRRECOVERABLE BY THE CROWN, AND VALUE OF STORES, ETC.—continued.

XXXVI

Department and Particulars. B eason for writing off. Value of Stores. Cash. Health. £ s. d. £ s. d. Value of stores .. .. .. .. Missing, destroyed, broken, unserviceable, 1,552 7 4 loss on realization, or handed over to Hospital Boards Value of stock .. .. .. .. Died or loss on realization .. .. 125 14 3 Value of motor-vehicles .. .. .. Loss on realization .. .. .. 140 10 7 Value of machinery .. .. .. Loss on realization .. .. .. 110 3 0 Value of buildings .. .. .. Loss on demolition .. .. .. 1,385 8 3 Value of furniture .. .. .. Burnt .. .. .. .. 91 8 7 Maintenance and treatment .. .. Debtors in poor circumstances, deceased, .. 6,937 5 3 or untraceable Sale of sera .. .. .. .. Debtor bankrupt .. .. .. .. 0 16 0 Immigration. Passage-money to New Zealand .. .. Debtors in poor circumstances or deceased .. 44 15 3 Industries and Commerce, Tourist and Publicity. Value of stores .. .. .. .. Deficient, broken, stolen, obsolete, burnt, 344 6 3 unserviceable, or loss on realization Value of buildings .. .. .. Destroyed by fire or loss on realization.. 241 9 4 Value of live-stock .. .. .. Died, stolen, or destroyed .. .. 22 0 9 Value of photographs .. .. .. Handed over to Wellington Education 36 3 6 Board Value of launch .. .. .. Loss on realization .. .. .. 129 9 8 Accommodation, Waitomo Hostel .. Undercharged, Department unable to .. 2 8 0 collect Electric energy, Rotorua .. .. Debtor bankrupt .. .. .. .. 21 19 8 Gas levy .. .. .. .. Remitted on account of losses by com- .. 75 12 6 pany through earthquake Rotorua Sanatorium fees.. .. .. Debtors in poor circumstances, untrace- .. 301 17 6 able, or deceased X-ray fees, Te Aroha .. .. .. Debtors in poor circumstances or untrace- .. 8 8 0 able Water rates, Rotorua .. .. .. Debtor bankrupt. Remitted on account .. 7 10 3 of inadequate supply Internal Affairs. Value of stores .. .. .. .. Loss on realization or unserviceable .. 52 8 3 Advances by High Commissioner, and cost of Debtors in poor circumstances, untrace- .. 60 3 6 cables able, or deceased Overpayment of salary .. .. .. Debtor in poor circumstances .. .. 1 9 11 Fees for censorship of films .. .. Company in liquidation .. .. .. 3 5 5 Costs of Commission of inquiry .. .. Charges considered unfair .. .. .. 12 5 10 Justice. Value of stores .. .. .. .. Loss on realization or unserviceable .. 135 19 6 Bankruptcy commission .. .. .. Realization of assets insufficient to cover .. 4 7 9 commission Fines .. .. .. .. .. Debtors unfinancial, untraceable, or .. 32 16 0 deceased Costs of prosecution .. .. .. Debtor absconded .. .. .. .. 20 0 0 Judgment fee .. .. .. Clerk of Court, now deceased, omitted to .. 0 15 0 collect Labour. Value of stores .. .. .. .. Broken, unserviceable, lost, or deficient.. 3 13 3 Fares for workmen .. .. .. Debtors in poor circumstances, bankrupt, .. 57 10 10 untraceable, or deceased Penalties and costs .. .. .. Debtors unfinancial, bankrupt, or untrace- .. 29 19 8 able Fees under Weights and Measures Act .. Company wound up .. .. .. .. 1114 Land and Income Tax. Income-tax .. .. .. .. Debtors untraceable .. .. .. 483 11 3 Lands and Survey. Value of stores .. .. .. .. Broken, deficient, or loss on realization .. 273 16 10 Value of lithographs .. .. .. Obsolete or deficient.. .. .. 1,055 13 3 Value of horses .. .. .. .. Loss on realization or died .. .. 45 2 0 Value of motor-vehicles .. .. .. Loss on realization .. .. .. 27 13 1 Value of buildings .. .. .. Loss on realization .. .. .. 210 15 4 Rents .. .. .. .. .. Debtors unfinancial, bankrupt, deceased, .. 12,411 16 6 or untraceable Interest on deferred-payment licenses .. Debtors unfinancial, bankrupt, deceased, .. 1,587 15 5 or untraceable Advances under Discharged Soldiers Settle- Loss on realization of securities .. 93,003 2 2 ment Act Advances under Deteriorated Lands Act .. Loss on realization of securities .. ., 91 14 6 Advances, Waimarino bush-fire relief .. Debtors unfinancial .. .. .. .. 680 16 5 Legal expenses .. .. .. .. Debtors unfinancial, bankrupt, or un- .. 36 17 8 I traceable !

B.—l [Pt. ll].

STATEMENT OF SUMS IRRECOVERABLE BY THE CROWN, AND VALUE OF STORES, ETC.—continued.

XXXVII

Department and Particulars. Reason for writing off. Value of Stores. Cash. Lands and Survey—continued. £ s. d. £ s. d. Grazing-fees .. • • • • • ■ Debtors unfinancial or untraceable .. .. 14 14 3 Timber royalties .. • • • • Debtors unfinancial or untraceable .. .. 311 11 9 Gum royalties .. .. •• •• Debtor unfinancial .. .. .. .. 9 4 1 Lithograph and office fees .. .. Debtor unfinancial .. .. .. .. ?,qq Wages overpaid, sale of meat, and board .. Party of workmen left district .. .. , o a Insurance premiums .. .. • • Debtor unfinancial; overpayment by ex- .. 4 3 4 officer of Department owing to double cover Survey liens and interest .. •• Amounts due not collected when land .. 1,499 12 8 disposed of. Discounts allowed in connection with defalcations Marine. Value of charts Obsolete .. .. •• 2 0 10 Value of furniture .. ■ • • • Destroyed by earthquake .. .. » " 4 Machinery and boiler inspection fees .. Machinery idle ; debtors unfinancial or .. 35119 untraceable Light dues .. . • • • • • Vessel employed in relief duties in connec- .. 14 10 3 tion with earthquake ; call made at port to land labourers; debtor unfinancial Rent of foreshore FaUing-off in demand for shingle .. .. 760 0 0 Rent and royalty due from coal-mining com- Company unfinancial .. .. . • pany Mental Hospitals. Value ef stores .. .. •• •• Broken, deficient, destroyed, or unservice- 1,973 1 4 able Value of stock .. .. • ■ • ■ Died or destroyed .. .. .. 604 4 0 Board and lodging .. • • • • Debtor in poor circumstances ; amount .. 3 12 0 disputed Sale of poultry and eggs .. .. • • Debtors deceased or untraceable .. .. 12 0 Mines. Value of stores .. • • • • Deficient .. .. • • • ■ 198 4 7 Value of coal shortages Due to handling, evaporation, and stone 972 9 1 | Value of coal .. .. • • • • Lost in wreck of ' Kaponga .. 120 11 1 Value of plant Loss on realization 41 6 i .. Snip nf coal . .. • • ■ • Debtors unfinancial .. .. .. • • / / i o Rent and royalties Debtors unfinancial .. 128 18 5 Court costs .. •• •• •• Debtors unfinancial .. .. .. .. 4 8 U National Provident. Value of stores .. .. • • • • Obsolete and loss on realization .. 1 15 7 Native Trust. Local-body debentures .. Loss on realization .. .. .. • • • J '~ ao [ > Naval Defence. Value of stores .. .. • • • • Burnt, broken, lost, deficient, broken in 229 15 4 transit, or unserviceable Value of stores Gratuitously issued during earthquake .. 395 17 11 Value of buildings .. • • • ■ Loss on realization .. .. .. 383 0 U Value of provisions, H.M.S. " Wakakura ".. Issued at less than cost .. .. 92 16 3 Value of provisions, H.M.S. " Dunedin " .. Issued at less than cost .. .. 127 13 5 Value of provisions, H.M.S. " Diomede " .. Issued at less than cost .. .. 220 9 11 Value of provisions, H.M.S. " Philomel " .. Issued at less than cost .. .. 200 4 9 Value of clothing, &c., H.M.S. " Dunedin ".. Issued at less than cost .. .. 196 18 b Value of clothing, &c„ H.M.S. " Philomel ".. Issued at less than cost .. .. 160 I 2 Value of clothing, &c., H.M.S. " Diomede ".. Tssued at less than cost .. .. 30 5 8 New Zealand Government Railways. . . in Value of wagons Damaged beyond repair m various 3,060 12 0 accidents Value of stores . •• Lost, stolen, broken, or burnt.. .. 1,026 11 0 Freight and storage Debtors unfinancial or bankrupt ' .. 458 9 6 p> en £ . .. .. .. Debtors in poor circumstances or bankrupt .. u 8 Advertising ". ■ ■ ■ ■ • • Debtors bankrupt or untraceable .. . • 468 5 7 Cash .. !! ' Lost in fire.. •• 21 5 1 £/YbS%0'YbS Value of furniture .. • • • • Loss on realization .. .. .. 3 6 10 Police. K a VainA nf stores .. .. • • Lost, broken, stolen, or loss on realization 5» io o Value of buildings .. .. •• Loss on demolition or destroyed by earth- 1,057 11 0 quake Post and Telegraph. , . , Value of stores .. .. •• Lost, stolen, broken, obsolete, deficient 2,298 2 b at stocktaking, or destroyed by fire Value of telephones .. .. •• Destroyed by fire .. .. 1,736 13 3 Value of motor-vehicles Loss on realization .. .. •• 455 14 4 .. Toll accounts Debtors unfinancial or untraceable .. .. , !q „ Salaries overpaid .. • • • • Officers no longer m the Service and Do- .. 1 18 11 partment unable to recover Qagjj _, .. .. .. .. Stolen from public call offices .. • • 15 15 0

B.—l [PT. ll],

STATEMENT OF SUMS RRECOVERABLE BY THE CROWN, AND VALUE OF STORES, ETC.—continued.

XXXVIII

Department and Particulars. j Reason for writing off. Value of Stores. Cash. Printing and Stationery. £ s. d. £ s. d. Value of stores .. .. .. .. Unserviceable or deficient .. .. 16 4 Advertising .. .. .. .. Debtor bankrupt .. .. .. .. 0 12 6 Exchange .. .. .. .. Debtor deceased .. .. .. .. 0 0 6 Sale of publications and stationery .. Debtors bankrupt or unfinancial .. .. 4 7 3 Prisons. Value of stores .. .. .. .. Stolen, lost, damaged, or deficient at 77 7 11 stock-taking Value of live-stock .. .. .. Died or destroyed .. .. .. 1,029 18 3 Value of motor-vehicles .. .. .. Loss on realization .. .. .. 81 17 6 Terrace Gaol .. .. .. .. Loss on demolition .. .. .. 17,550 7 10 Dental treatment for prisoner .. .. Prisoner discharged on account of ill .. 4 6 5 health, industry earnings insufficient to cover cost of treatment Medical treatment of accused persons .. Debtors unfinancial .. .. .. .. 4 9 0 Public Service Superannuation Fund. Loan on mortgage .. . . .. Loss on realization of securities .. .. 1,501 9 4 Public Works. Value of stores .. .. .. .. Lost, stolen, broken, obsolete, deficient 2,054 8 0 at stock-taking, loss on realization, or destroyed by fire Value of buildings .. .. .. Loss on realization or destroyed by fire 782 2 8 Value of horses .. .. .. .. Died or loss on realization .. .. 9 0 0 Value of machinery and plant .. .. Loss on realization .. .. .. 2,790 17 6 Value of tents .. .. .. .. Destroyed or lost during operations after 2,001 11 9 earthquake Value of motor-vehicles .. .. .. Destroyed by fire or loss on realization .. 498 6 8 Tauraroa Quarry (buildings and plant) .. Destroyed by fire .. .. .. 525 15 11 Pares and board of workmen .. .. Debtors untraceable or unfinancial. In- .. 175 10 10 formation as to total amount of deductions from wages not available owing to conditions due to earthquake in South Island Wages overpaid.. .. .. .. Debtors untraceable .. .. .. 4 6 7 Camp equipment, tools, and explosives .. Ex-officer responsible omitted to collect .. 147 4 10 before workmen left the district Stores supplied to workmen .. .. Debtors untraceable .. .. .. 19 15 0 Sale of building .. .. .. Department unable to collect .. .. 0 0 6 Sale of cement-bags .. .. .. Debtor unfinancial .. .. .. .. 4 0 0 Sand and slabs supplied .. .. .. Debtors untraceable .. .. .. 3 6 0 Benzine supplied through Citizens Relief Com- Information insufficient to substantiate .. 14 8 3 mittee, Napier, after earthquake charges against firms supplied Repairs to windows at workmen's camp .. Debtor unable to pay .. .. .. 0 7 6 Repairs to car .. .. .. .. Debtor deceased .. .. .. .. 2 10 0 Repairs to launch-propeller .. .. Debtor unfinancial .. .. .. .. 0 16 8 Charge for lowering culvert .. .. Debtor unfinancial .. .. . . .. 28 6 0 Cost of clearing debris at Napier after earth- Charges considered excessive and reduced .. 190 0 0 quake accordingly. Wrong section cleared; no authority given for work Power Account, 10-per-cent. penalty for late Penalty reduced on account of exceptional .. , 2,231 4 11 payment by local bodies circumstances Rent .. .. .. .. .. Debtors unfinancial or untraceable .. .. 55 8 8 Water rates .. .. .. .. Debtors unfinancial .. .. .. .. 4,814 0 4 Water-power license fees .. .. .. Firm in liquidation .. .. .. .. 0 15 6 Freight charges .. .. .. .. Debtors unfinancial .. .. .. .. 11162 Loss on lorry damaged in accident, charged to Debtor unfinancial .. .. .. .. 12 10 0 ex-employee Inspection fee, electric line .. .. Debtor bankrupt .. .. .. .. 2 2 0 Electricity supplied .. .. .. Debtor unfinancial .. .. .. .. 2189 Scientific and Industrial Research. Value of stores .. .. .. .. Broken or unserviceable .. .. 27 2 4 Stamp Duties. Value of stores .. .. .. .. Destroyed by fire or unserviceable .. 372 2 1 State Advances —Settlers Branch. Loans on mortgage .. .. .. Loss on realization .. .. .. .. 88,199 1 7 State Advances —Workers Branch. Loans on mortgage .. .. .. Loss on realization; debtors unfinancial .. 16,681 14 7 or untraceable

B.—l. [Pt. ll].

STATEMENT OF SUMS IRRECOVERABLE BY THE CROWN, AND VALUE OF STORES, ETC.—continued.

XXXIX

Department and Particulars. Reason (or writing off. Value of Stores. Cash. State Advances—-Housing Branch. £ s. d. £ s. d. Advances and rent .. • • • • Loss on realization ; debtors in poor cir- • • 2,383 18 3 cumstances State Advances —Repatriation Branch. Loans to returned soldiers for business or Debtors in poor circumstances, deceased, .. 9,490 2 4 furniture or untraceable State Fire and Accident Insurance. Value of stores .. .. .. . • Destroyed by fire or earthquake .. 97 1 6 Value of buildings .. .. .. Destroyed by fire or earthquake .. 867 15 10 Cash (premiums and petty cash) .. .. Lost in fire following earthquake .. .. 11 4 9 State Forest Service. Value of stores .. .. .. • • Stolen, broken, unserviceable, or burnt.. 250 2 4 Value of buildings .. .. .. Destroyed by fire .. .. 264 0 0 Value of motor-vehicles .. .. . • Loss on realization .. .. .. 90 15 11 Value of horses .. .. .. . • Died .. .. .. • • 56 6 0 Value of trees .. .. .. •• Destroyed by fire .. .. .. 1,985 4 6 Value of trees .. .. .. .. Free issues to local bodies for the relief of 398 0 10 unemployment Penalty equal to value of timber felled, and Company wound up .. .. • • 170 3 9 witnesses' expenses Grazing-fees .. .. .. .. Debtors unfinancial .. .. .. ■. 95 4 0 Bent on mining privilege .. .. Debtor unfinancial .. .. .. •. 7 7 0 Timber royalty .. .. .. .. Company in liquidation .. .. .. 2,941 5 4 Interest on promissory note .. .. Debtor deceased .. .. .. . • 30 !o a Sale of firewood.. .. .. .. Debtor untraceable .. .. .. • • 5 12 0 Treasury. Value of stores .. .. .. .. Deficient or unserviceable .. .. 3 7 8 General Purposes Relief Account—Fire relief Debtors unfinancial .. .. .. .. 338 17 6 General Purposes Relief Account —Flood relief Debtors unfinancial .. .. .. •• 549 9 11 Valuation. Certificate of value .. .. .. Debtor in poor circumstances .. .. 0 16 6 94,194 16 6 254,067 19 9 £348,262 16 3

I—B.1 —B. 1 [PT. ll].

B.—l [PT. lIJ.

PUBLIC ACCOUNTS, 1931-1932

SUMMARY of TRANSACTIONS and BALANCES for the FINANCIAL YEAR ended 31st March, 1932. CASH ACCOUNTS, ADVANCE ACCOUNTS, AND INVESTMENT ACCOUNTS.

1

Balances on 31st March, 1931. Tkansactions, 1931-1932. Balances on 31st March, 1932. Da. Ck. I Dr. Ck. Dr. Cr. CONSOLIDATED FUND: — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Ordinary Revenue Account .. .. .. .. .. .. 278,601 0 7 42,714,006 12 9 43,603,187 10 0 .. 1,167,781 17 10 Nauru and Ocean Islands Account .. .. .. .. .. 3,055 15 3 36,579 14 2 36,511 17 8 .. 2,987 18 9 Nauru and Ocean Islands Sinking Fund Account .. .. .. 48 17 6 11,600 0 0 11,616 6 11 .. 65 4 5 Accounts oe Local Bodies .. .. .. .. .. .. 6,125 6 6 30,868 10 4 39,163 2 8 " 14,419 18 10 Deposits Account .. .. .. .. ... .. .. 313,280 12 4 1,215,021 17 4 1,246,073 3 10 .. 344,331 18 10 PUBLIC WORKS FUND ' General Purposes Account .. .. .. .. .. .. 1,340,035 14 9 3,983,285 7 11 4,426,283 10 5 .. 1,783,033 17 3 Waikou and Ohinemuri Rivers Improvement Account .. .. .. 5,518 10 10 5,518 10 10 Electric Supply Account .. . . .. .. .. .. 150,008 13 4 2 2 1,726,716 5 6 ! 9,224 16 8 Electric Supply Sinking Fund Account .. .. .. .. 42,654 17 7 100 0 0 19,503 18 3 .. 62 058 15 10 BANK OF NEW ZEALAND SHARES ACCOUNT .. .. .. .. 1,859,375 0 0 245,312 10 0 245,312 10 0 .. 1 859!375 0 0 DISCHARGED SOLDIERS SETTLEMENT ACCOUNT .. .. .. 259,531 18 7 1,253,257 1 0 1,188,634 14 4 'l94 909 11 11 DISCHARGED SOLDIERS SETTLEMENT LOANS ACT 1920 DEPRECIATION FUND ACCOUNT .. .. .. .. .. .. 580,962 2 7 594 824 12 6 13 862 9 11 EDUCATION LOANS ACCOUNT .. .. .. .. .. .. 12,867 3 9 12 867 3 9 GENERAL PURPOSES RELIEF ACCOUNT .. .. .. .. .. 23,756 6 1 3I46O 5 11 3,575 10 6 !! 23 871 10 8 HAURAKI PLAINS SETTLEMENT ACCOUNT .. .. .. .. 13,941 6 1 31,845 10 10 17 948 15 1 44 10 4 HOWARD ESTATE ACCOUNT .......... .. 0 11 1 " 0 11 1 HUNTER SOLDIERS ASSISTANCE TRUST ACCOUNT .. .. .. 6,836 15 10 359 14 9 646 0 5 1! 7 123 1 6 HUTT VALLEY LANDS SETTLEMENT ACCOUNT .. .. .. .. 138 13 10 14,847 8 11 14 800 11 0 91 15 11 KAURI-GUM INDUSTRY ACCOUNT .. .. .. .. .. 1,587 17 11 1,587 17 11 LAND FOR SETTLEMENTS ACCOUNT .. .. .. .. .. 742,105 16 10 96ō'n0 14 7 414,037 7 4 .! 191 032 9 7 LOANS REDEMPTION ACCOUNT .. .. .. .. .. .. 344,182 4 1 20,335,100 0 11 20,359,820 15 7 .. 368'902 18 9 MAIN HIGHWAYS ACCOUNT REVENUE FUND .. 339,885 19 0 1,733,833 9 11 1,792,806 18 0 . 398 859 7 1 MAIN HIGHWAYS ACCOUNT CONSTRUCTION FUND .. .. .. 102,636 17 11 518,119 9 4 515 157 10 6 99 674 19 1 MINING ADVANCES ACCOUNT .. .. 362 6 11 4 0 9 170 8 4 ' 5 28 14 6 NATIVE LAND SETTLEMENT ACCOUNT .. .. .. .. .. 28,907 16 5 329,202 13 3 304,235 18 3 .. 3 941 1 5 PUBLIC DEBT REPAYMENT ACCOUNT .. .. .. .. .. 32 6 1 1,264,330 0 0 1,279,462 14 11 . Iō'l65 1 0 RAILWAYS IMPROVEMENT AUTHORIZATION ACT 1914 ACCOUNT .. 420,783 17 4 420,783 17 4 RANGITAIKI LAND DRAINAGE ACCOUNT .. 5,306 3 0 4,755 14 2 10,246 16 2 " 10 797 5 0 REMITTANCES FROM LONDON ACCOUNT.. .. .. .. .. 464 6 7 1 663 19 6 1 199 12 11 REMITTANCES TO LONDON ACCOUNT .. .. .. .. 3,218 9 7 .. 3,719,377 11 9 3,722'ō96 1 4 RESERVE FUND ACCOUNT .. .. .. .. .. .. 2,068,563 5 7 976,988 8 6 9,593 16 11 .. 1 101.168 14 0 STATE ADVANCES LOAN ACCOUNT .. .. .. .. .. 40,002 5 0 63,382 10 0 23,556 14 7 176 9 7 STATE COAL-MINES ACCOUNT .. 40,810 8 8 253,671 6 2 258,944 19 8 " 46 084 2 2 STATE COAL-MINES SINKING FUND ACCOUNT 7,738 13 0 7,700 0 0 7 951 12 6 " 7 990 5 6 STATE FORESTS ACCOUNT .. .. 31,103 9 11 284,258 4 6 264! 642 10 7 " 11*487 16 0 SWAMP LAND DRAINAGE ACCOUNT .. 6,337 18 1 21,279 2 11 23 950 3 11 !! g'oOS 19 1 UNEMPLOYMENT FUND .. .. .. .. .. .. .;. 69,115 2 3 2,254,328 19 10 2,370,180 10 3 .. 184'966 12 8 WESTPORT HARBOUR ACCOUNT .. 1,758 12 11 38,230 12 8 36 949 12 9 .. 477 13 0 WORKING RAILWAYS ACCOUNT .. .. .. .. .. 496,463 7 0 6,617,580 0 7 6,938,079 7 8 .. 816,962 14 1 Totals .. .. .. .. .. .. 3,218 9 7 9,644,888 1 0 91,832,543 17 9 90,927,419 18 8 .. 8,736,545 12 4* * For explanatory statement- see page 4.

B.—l [P T . ll].

PUBLIC ACCOUNTS, 1931-193 2.

SUMMARY of TRANSACTIONS and BALANCES— continued. CASH ACCOUNTS, ADVANCE ACCOUNTS, AND INVESTMENT ACCOUNTS -continued.

2

Balances on 31st March, 1931. I Transactions, 1931-1932. Balances on 31st March, 1932. Dr - Ck - ; Dh. Cr. i Dr. i Ob. J PUBLIC ACCOUNT £ s d . ,. ~ ~ !~ Bank of New Zealand in the Dominion .. .. q7q a' in S " " ,, . nt > K/ , K S- s. d. , £ s. d. Bank of New Zealand in London .. " 19'm 14 2 " a Mf'S 0 ' 1510 834,292 17 4 ,1 ADVANCE ACCOUNTS " 33,221,328 3 4 33,214,081 4 0 26,364 13 11 Miscellaneous Imprests ...... as Kin a a „ „„„ „ „ Foreign IMPREST ACCOUNT .. .. * " " 15o'897 5 11 " ?'O?b'K?A ,C O 23 > 748 >410 18 4 82,397 8 7! INVESTMENT ACCOUNTS:— " " " lf) 0,S97 511 •• 1,218,540 16 2 1,261,946 19 6 107,491 2 7 Consolidated Eund, — Ordinary Revenue Account ...... „ „„„ Nauru and Ocean Islands Account .. .. " " '50 0 0 " ' ?k'a™ ' 2,650,085 0 0 358,378 6 10 DEPOSITS Account " " 276 508 8 0 " «5'222 2 ° 15 ' 000 0 0 50 0 0| PUBLIC Works Eund,— " " " -' b > 5 08 8 0 .. 066, 845 0 0 654,595 0 0 188,758 8 0 General Purposes Account .. .. .. ka? fi9n n n n , Electric Supply Account .. .. " " 8'320 0 0 " ''™'aaa A A 7 > 473 >590 0 0 636,525 11 4j Electric Supply Sinking Eund Account .. V! !! 40 410 0 0 " » ° 0 0 Discharged Soldiers Settlement Account .. .. rn'iin ]7 ft ,S 2 52,100 0 0: 61,660 0 0 Discharged Soldiers Settlement Loans Act 1920 Depreciation ' " 810,200 17 0 82,097 13 9 Eund Account .. .. aao a m „„„ „„ General Purposes Relief Account ..' " " " 'kao on " Hn 'of a 2 0 1.439,533 6 10 Hunter Soldiers Assistance Trust Account .. .. " 3 650 0 0 " 2 2 31,500 0 0 9,250 0 0 Land for Settlements Account .. .. .. " " <w?'o55 on " 1 2 14,400 0 0 6,185 0 0 LOANS REDEMPTION Account .. .. " 9dq'qf!n on " H9,910 0 0 1,425,060 0 0 57,905 0 0 Main Highways Account Revenue Eund .. 115'nno n n " ® 750,150 0 0 167,960 0 0, Main Highways Account Construction Eund .. !! j ' " qaa'2™ 2 2 630,000 0 0 Native Land Settlement Account .. .. .. ' " " 300,000 0 0 300,000 0 0 Railways Improvement Authorization Act 1914 Account " " 100 Ônn n n " 150,000 0 0 150,000 0 0 State Coal-mines Account .. .. . qo'snn n n " „„ :: 100,000 0 0 State Forests Account ...... '' ' " ' 0 0 33,000 0 0 1 39,300 0 0 Swamp Land Drainage Account .. .. . * " " " 150,000 0 0 150,000 0 0 Working Railways Account .. .. '' " " q 185 s n " _i 0 ' 000 0 0 10,000 0 0: BANK OF NEW Zealand SHARES ACCOUNT .. .. .. j 859*375 0 0 * * -'4,994 15 6 350,000 0 0 614,180 3 6 Public Account Cash Balance Investment Account .. .. 2'350'000 0 0 i K 0 qo boa a a , . ... : • 1,859,375 0 0 Reserve Fund Account .. 9 raw «« " 15,298,834 0 0 14,444,000 0 0 3,204,834 0 0 ' ' 5 7 1,041,500 13 2 2,710,523 12 3 399,540 6 6 9,641,669 11 5 •• 134,906,263 14 8 135,811,387 13 9 8,736,545 12 4

B.—l [Pt. ll],

PUBLIC ACCOUNTS, 1931-1932.

SUMMARY of TRAN SACTION S and BALANCES— continued. SUMMARY OF BALANCES OF CASH ACCOUNTS, ADVANCE ACCOUNTS, AND INVESTMENT ACCOUNTS ON 31st MARCH, 1932.

3

T> A £ s - ® E * £ S d XUblic Account .. .. .. .. .. .. _ 860,657 11 3 CONSOLIDATED Fund .. .. .. .. .. 1 529 586 18 8 Consolidated Fund: — Public Works Fund .. .. .. .. .. .. l'854' 317 9 9 Ordinary Revenue Account Investment Account .. .. 358,378 6 10 Discharged Soldiers Settlement Account .. .. .. .. 'l94'909 11 11 Aauru and Ocean Islands Account Investment Account .. 50 0 0 General Purposes Relief Account .. .. .. .. 23'871 10 8 Deposits Account Investment Account .. .. .. 188,758 8 0 Hauraki Plains Settlement Account .. .. .. .. ' 44 10 4 Public Works Fund Howard Estate Account 0 111 General Purposes Account Investment Account .. .. 636,525 11 4 Hunter Soldiers Assistance Trust Account .. .. .. 7 123 1 6 Electric Supply Sinking Fund Account Investment Account .. 61,660 0 0 Hutt Valley Lands Settlement Account .. .. .. .. ' 91 15 11 Discharged Soldiers Settlement Account Investment Account .. 82,097 13 9 Land for Settlements Account .. .. .. .. .. 191 032 9 7 General Purposes Relief Account Investment Account .. .. 9,250 0 0 Loans Redemption Account .. .. .. .. .. 36s'902 18 9 Hunter Soldiers Assistance Trust Account Investment Account .. 6,185 0 0 Main Highways Account Revenue Fund .. .. .. .. 398'859 7 1 Land for Settlements Account Investment Account .. .. 57,905 0 0 Main Highways Account Construction Fund .. .. .. 99'674 19 1 Loans Redemption Account Investment Account .. .. .. 167,960 0 0 Mining Advances Account .. .. .. .. ' '528 14 6 State Coal-mines Account Investment Account .. .. .. 39,300 0 0 Native Land Settlement Account .. .. .. .. .. 3 941 1 5 Working Railways Account Investment Account .. .. .. 614.180 3 6 Public Debt Repayment Account .. .. .. .. .. 15' 165 1 0 Reserve Fund Account Investment Account .. .. .. 399,540 6 6 Rangitaiki Land Drainage Account .. .. .. .. lo'797 5 0 Bank of New Zealand Shares Account Investment Account .. 1,859,375 0 0 State Advances Loan Account .. .. .. .. 'l76 9 7 Public Account Cash Balance Investment Account .. .. 3,204,834 0 0 State Coal-mines Account .. .. .. .. .. 46 084 2 2 Dominion and Foreign Advances .. .. .. .. .. 189,888 11 2 State Coal-mines Sinking Fund Account .. .. .. .. 5 6 State Forests Account .. .. .. .. .. .. ll'487 16 0 Swamp Land Drainage Account .. .. .. .. .. 9 008 19 1 Unemployment Fund .. .. .. .. .. .. 12 8 Westport Harbour Account .. .. .. .. .. 477 13 0 Working Railways Account .. .. .. .. .. 816,962 14 1 Reserve Fund Account .. .. .. .. .. .. 1,101,168 14 0 Bank of New Zealand Shares Account .. .. .. .. 1,859,375 0 0 Total .. .. .. .. £8,736,545 12 4* TOTAL .. .. .. .. £8,736,545 12 4* * For explanatory statement see page 4.

B.- 1 [Pt. II J.

PUBLIC ACCOUNTS, 1931-1932.

EXPLANATORY STATEMENT OF INVESTMENTS.

4

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. (1) (2) (3) (4) Consolidated Fund : — £ s. d. £ s. <1. £ s. d. Ordinary Revenue Account .. .. .. .. 226,243 6 10 132,135 0 0 169,150 0 0 Nauru and Ocean Islands Account .. .. .. .. 50 0 0 29,200 0 0 Deposits Account .. .. .. .. .. 35,030 0 0 153,728 8 0 Public Wobks Fund : — General Purposes Account .. .. .. .. 52,270 0 0 584,255 11 4 280,602 2 6 Electric Supply Account .. .. .. .. .. .. 22,000 0 0 Electric Supply Sinking Fund Account .. .. .. 17,550 0 0 44,110 0 0 Bank of New Zealand Shares Account .. .. 1,859,375 0 0 Discharged Soldiers Settlement Account .. . . 4,500 0 0 77,597 13 9 100,000 0 0 General Purposes Relief Account .. .. .. 5,000 0 0 4,250 0 0 Hauraki Plains Settlement Account .. .. .. .. 53,800 0 0 Hunter Soldiers Assistance Trust Account .. .. .. 6,185 0 0 Land for Settlements Account . .. .. .. 35,485 0 0 22,420 0 0 1,108,749 10 7 Loans Redemption Account .. .. .. .. 2,800 0 0 165,160 0 0 Main Highways Account :—- Revenue Fund .. .. .. .. .. .. • • 3,600 0 0 Mining Advances Account .. .. .. .. .. •• 5,490 0 0 Native Land Settlement Account .. .. .. .. •• 46,000 0 0 Reserve Fund Account .. .. .. .. 399,540 6 6 State Coal-mines Account .. .. .. .. .. 39,300 0 0 State Forests Account .. .. .. .. ■. • • 600 0 0 Swamp Land Drainage Account .. .. .. .. •• 10,000 0 0 Working Railways Account .. .. .. .. 14,180 3 6 600,000 0 0 Public Account Cash Balance Investment Account .. 3,204,834 0 0 Totals .. .. .. .. .. 5,856,807 16 10 1,829,191 13 1 J £7,685,999 9 11 £1,829,191 13 1

B.—l [Pt. II J.

PUBLIC ACCOUNTS, 1 931-193 2.

INTEREST, CONVERSION, AND REDEMPTION REMITTANCE ACCOUNTS.

5

Balances as at 31st March, 1931. Transactions, 1931-1932. j Balances as at 31st March, 1932, I : j j Debit. Credit. Debit. Credit. Debit. Credit. Interest Remittance Account — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Bank of England .. .. .. .. .. .. 5,284,315 5 6 5,272,497 16 9 5,540,848 13 10 .. 5,552,666 2 7 j High Commissioner .. .. .. .. .. .. 28,200 11 7 743,877 2 7 730,857 2 6, 15,180 11 6 Conversion Remittance Account .. .. .. .. .. .. 72,554 7 11 72,558 7 11 1 .. 4 0 0 Redemption Remittance Account .. .. .. .. 1,217,888 6 1 12,341,864 4 0 12,097,985 0 3 .. 974,009 2 4 Suspense Remittance Account .. .. .. .. 6,530,404 3 2 . 18,442,249 4 6 18,430,793 11 3 6,541,859 16 5 Totals . .. .. .. .. 6,530,404 3 2 6,530,404 3 2 36,873,042 15 9 36,873,042 15 9 6,541,859 16 5 6,541,859 16 5

B.—l [PT. 111.

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the REVENUE of the CONSOLIDATED FUND (ORDINARY REVENUE ACCOUNT) for the FINANCIAL YEAR ended 31st March, 1932.

6

.J m a x-« Receipts. Befunds. Net Revenue. TAXATION n £ s. d. £ s. d. £ s. d. Customs .. .. .. .. .. .. 5,911,236 11 4 6,888 13 11 5,904,347 17 5 BEER DUTY .. .. .. .. ., 641,447 13 3 368 3 10 641,079 9 5 Film HIRE TAX .. .. .. 41,206 17 3 .. 41,206 17^ Motor-vehicles—Duties, Licenses, etc., — Tire-tax .. .. .. .. .. 86,516 19 1 1,079 6 7 85 437 12 6 Pees and Pines (Section 24, Motor-vehicles Act, 1924).. 370,125 16 3 .. 370,'125 16 3f Petrol-tax .. .. .. .. .. 1,496,208 7 8 137,585 8 19 2 1,952,851 3 0 138,664 15 1 1,814,186 7 11 Stamp and Death Duties, —• Adhesive Stamps.. .. .. .. .. 359,874 19 0 255,818 7 9 104,056 11 3 Duty on Instruments 232,661 16 3 3,687 7 0 228,974 9 3 Estate Duty .. .. .. .. .. 1,127,120 0 0 34,379 1 4 1,092,740 18 8 Succession Duty 314,633 14 5 12,292 1 4 302,341 13 1 Grift Duty .. .. .. .. 49,224 1 6 8 9 4 49,215 12 2 Pines and Penalties 1,885 1 2 89 1 3 1,795 19 11 Impressed Stamps 175,036 5 0 566 15 8 174,469 9 4 Licenses to Companies 85,413 10 11 62 10 0 85 351 0 11 Sharebrokers Licenses l, 52 i 5 0 0 9 6 1,520 15 6 Bank Composition 260,205 19 3 .. 260,205 19 3 totalizator Revenue .. .. .. .. 411,037 14 8 159 6 1 410 878 8 7 Amusements-tax .. .. .. .. 74,853 16 1 90 16 3 19 10 Lottery Duty .. .. .. 9,661 7 9 .. 9,661 7 9 Overseas Passenger Duty .. .. .. .. 1,668 4 3 .. 1 668 4 3 Miscellaneous .. •• •• 1,239 19 4 1,246 15 4 Dr.' 6 16 0 Keceipts under Section 4, Mortgagees Indemnity (Workers'Charges) Act, 1927 .. .. .. 1,568 12 0 1 7 0 1,567 5 0 3,107,606 6 7 308,402 7 10 2,799,203 18 9 Land-TAX .. .. .. .. .. 563,473 4 3 21,345 6 5 542,127 17 10 Income-tax .. .. .. .. .. 4,489,242 4 4 41,428 1 11 4,447,814 2 5 Total, Taxation .. .. 16,707,064 0 0 517,097 9 0 16,189,966 11 Of INTEREST " * Interest on Railway Capital Lia- £ s. d. BILITY (interest at £4 5s. per cent. on capital expenditure from Public Works Fund, reduced by £10,400,000 in terms of the Government Railways Amendment Act, 1931, Section 23, and at £4 16s. per cent, on capital expenditure from the Railways Improvement Authorization Act 1914 Account, as provided by Orders in Council under the Government Railways Act, 1926) Year 1930-31.. .. .. 3,726 18 I Year 1931-32.. ,. .. 837,993 4 8J 841,720 2 9 .. 841,720 2 9 Interest on Postal and Telegraph Capital Liability (interest as determined under Section 95 of the Post < and Telegraph Act, 1928, at £4 6s. per cent, on the amount of the capital liability as at 1st April, 1931, together with interest at the rate of £2 3s. per cent, on the net amount applied for the purposes of the Department out of the Public Works Fund during the year)— £ B , d. Year 1930-31 .. .. .. 10,036 5 2 Year 1931-32 .. .. .. 532,625 13 8 Year 1932-33 (on account) .. 7,338 1 2 550,000 0 0 .. 550,000 0 0 Interest on the Public Debt Redemption Fund (details on separate statement) .. .. .. 699,790 9 0 .. 699 790 9 0 Interest on other Public Moneys (details on separate statement) .. .. .. .. .. 777,062 9 1 434 16 3 776,627 12 10 TOTAL, Interest .. .. .. 2,868,573 0 10 434 16 3 2,868,138 4 7 Carried forward .. .. .. 19,575,637 0 10 j 517,532 5 3 19,058,104 15 7 £ g> * Refunds by Customs Department of Revenue incorrectly received or credited .. 3 8 0 Rebates by Post Office in respect of motor-spirits used otherwise than as fuel for motor-vehicles, in terms of Section 8 of the Motor-spirits Taxation Act, 1927 .. 137,582 0 6 £137,585 8 6 t £370,125 16s. 3d. of this amount consists of fees, fines, &c., which are not taxation. t £2,221,465 8s. less reduction of £1,383,472 3s. 4d. made in terms of the Finance Act, 1930 (No. 2), Section 14.

B.—l [PT. ll],

PUBLIC ACCOUNTS, 19 31-193 2.

STATEMENT of the REVENUE of the CONSOLIDATED FUND (ORDINARY REVENUE ACCOUNT) for the FINANCIAL YEAR ended 31st March, 1932 —continued.

7

Receipts. "Refunds. Net Revenue. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 19,575,637 0 10 517,532 5 3 19,058,104 15 7 OTHER RECEIPTS Justice— Court fees, fines, and bankruptcy commission .. 189,586 16 9 9,476 1 7 180,110 15 2 Marine— Pilotage Rates and Harbour Fees .. .. .. 1,076 16 10. .. 1,076 16 10 Shipping and Seamen Act, 1908 .. .. .. 84,111 15 3 152 12 11 : 83,959 2 4 Rents of Foreshores, Royalty, &c. .. .. .. 2,476 1 0 1 18 6 2,474 2 6 Sale of Oysters under Fisheries Act, 1908 .. .. 5,442 8 9 38 0 4 5,404 8 5 Rents from Toheroa Areas .. .. .. 402 0 0 .. 402 0 0 Whaling Industry License Fees, &c. .. .. 613 10 0 .. | 613 10 0 94,122 11 10 192 11 9 I 93,930 0 1 Native — ! — Fees collected in stamps under the provisions of the Native Land Act, 1909 .. .. .. .. 5,519 3 4 .. 5,519 3 4 Printings and Stationery— General receipts .. .. .. .. .. 178,709 16 0 8,181 2 8 170,528 13 4 Stamp Duties— Land Registry and Leeds Register Office fees .. 49,538 3 11 .. 49,538 3 11 Tourist and Health Resorts— Receipts in respect of Reserves under the Tourist and Health Resorts Control Act, 1908 .. .. 60,158 0 3 172 12 3 59,985 8 0 Registration and other Fees — Air Navigation Act, 1931 .. .. .. .. 58 14 10 .. 58 14 10 Animals Protection and Game Act, 1921-22 .. .. 61 11 0 3 9 0 58 2 0 Animals Protection and Game Act, 1921-22 (Part III) 2,112 11 11 1 0 0 2,111 11 11 Apprentices Act, 1923 . . .. .. .. 24 18 I .. 24 18 1 Arms Act, 1920 .. .. .. .. .. 2,110 14 0 .. 2,110 14 0 Aviation Act, 1918 .. .. .. .. 138 6 0 2 17 0 135 9 0 Births, Deaths, and Marriages .. .. .. 17,121 0 6 24 18 1 17,096 2 5 British Nationality and Status of Aliens (in New Zealand) Act, 1928' .. .. .. .. 531 13 6 2 0 0 529 13 6 By-laws Act, 1910 .. .. .. .. 990 .. 990 Cemeteries Act, 1908 .. .. .. .. 56 3 0 .. 56 3 0 Cinematograph Films Act, 1928 .. .. .. 2,424 6 3 13 12 0 2,410 14 3 Coal-mines Act, 1925 .. .. .. .. 197 11 6 .. 197 11 6 Copyright Act, 1913 .. .. .. .. 0 17 6 .. 0 17 6 Crown Grant Fees .. .. .. .. 60 0 9 10 0 Dr. 3 10 0 Customs Act, 1913 .. .. .. .. 11,439 3 4 535 2 3 .10,904 1 1 Dairy Industry Act, 1908 .. .. .. .. 2,560 14 0 6 10 0 2,554 4 0 Dentists Act, 1908 .. .. .. .. 17 0 0 .. 17 0 0 Distillation Act, 1908 .. .. .. .. 194 0 0 4 0 0 190 0 0 Education Act, 1914 .. .. .. .. 500 .. 500 Electrical Wiremen's Registration Act, 1925 .. 664 18 4 7 9 5 657 8 11 Engineers Registration Act, 1924 .. .. .. 49 17 0 .. 49 17 0 Explosives and Dangerous Goods Act, 1908 .. .. 6,084 15 6 39 4 6 6,045 11 0 Factories Act, 1921-22 .. .. .. .. 3,336 3 6 0 14 6 3,335 9 0 Finance Act, 1915 (Part III), (Beer Duty) .. .. 1,141 3 1 95 0 0 1,046 3 1 Fisheries Act, 1908 .. .. ' .. .. 482 0 7 10 7 6 471 13 I Friendly Societies Act, 1909 .. .. .. 478 .. 478 Health Act, 1920.. .. .. .. .. 32 0 0 .. 32 0 0 Hospital and Charitable Institutions Act, 1926 .. 591 8 9 .. 591 8 9 Industrial Conciliation and Arbitration Act, 1925 .. 240 17 0 0 17 0 240 0 0 Inspection of Machinery Act, 1928 .. .. .. 24.312 11 5 76 8 5 24,236 3 0 Land Agents Act, 1921-22 .. .. .. 16 0 779 19 7 6,911 16 5 Licensing Act, 1908 .. .. .. .. 54 0 0 .. 54 0 0 Life Insurance Act, 1908 .. .. .. .. 050 .. 050 Margarine Act, 1908 .. .. .. .. 10 20 220 800 Masseurs Registration Act, 1920 .. .. .. 53 19 0 . . 53 19 0 Medical Practitioners Act, 1914 .. .. .. 187 10 6 10 10 0 177 0 6 Mining Act, 1926.. .. .. .. .. 881 8 0 3 9 6 877 18 6 Native Land Aet, 1909 .. .. .. .. 10 10 0 . . 10 10 0 Native Land Amendment and Native Land Claims Adjustment Act, 1926, Section 14 (Taupo Waters) — Fees, Licenses, and Camp Sites .. .. .. 1,987 10 0 41 16 6 1,945 13 6 Fines and Penalties .. .. .. .. 20 4 0 .. 20 4 0 Native Land Act, 1931 .. .. .. .. 770 330 440 Carried forward .. .. .. 86,914 8 9 1,674 0 3 85,240 8 6 Carried forward .. .. .. 577,634 12 1 18,022 8 3 559,612 3 10 Carried forward .. .. .. 19,575,637 0 10 517,532 5 3 19,058,104 15 7

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the REVENUE of the CONSOLIDATED FUND (ORDINARY REVENUE ACCOUNT) for the FINANCIAL YEAR ended 31st March, 1932 —continued.

8

Receipts. Refunds. Net Revenue. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 19,575,637 0 10 517,532 5 3 19,058,104 15 7 OTHER RECEIPTS —continued. Brought forward .. .. .. 577,634 12 1 18,022 8 3 559,612 3 10 Registration and other Fees—continued. Brought forward .. .. .. 86,914 8 9 1,674 0 3 85,240 8 6 New Zealand Inscribed Stock Act, 1917 .. .. 1,768 5 0 .. 1,768 5 0 Nurses and Midwives Registration Act, 1925.. .. 8,280 14 9 26 19 2 8,253 15 7 Opticians Act, 1928 .. .. .. .. 312 3 1 10 0 0 302 3 1 Orchard and Garden Diseases Act, 1928 .. .. 71206 406 708 00 Patents, Designs, and Trade-marks Act, 1921-22 .. 13,041 9 6 44 9 7 12,996 19 11 Plumbers Registration Act, 19.12 .. .. .. 631 7 8 7 17 6 623 10 2 Servants' Registry Offices Act, 1908 .. .. 25 5 0 0 5 0 25 0 0 Shorthand Reporters Act, 1908 .. .. .. 10100 .. 10100 Slaughtering and Inspection Act, 1908 .. .. 39,398 2 7 1 15 0 39,396 7 7 Stock Act, 1908 .. .. .. .. .. 839 18 0 4 0 0 835 18 0 Stone-quarries Act, 1910 .. .. .. .. 102 0 0 .. 102 0 0 Timber Export Act, 1908 .. .. .. .. 2 17 5 .. 2 17 5 Timber-floating Act, 1908 .. .. .. 11 10 0 .. 11 10 0 Tobacco Act, 1908 .. .. .. .. 438 15 2 8 15 4 429 19 10 Tramways Act, 1908 .. .. .. .. 60 0 0 .. 60 0 0 Transport Licensing Act, 1931 .. .. .. 6,000 0 0 .. 6,000 0 0 Valuation of Land Act, 1925 .. .. .. 33,704 6 4 132 17 0 33,571 9 4 Veterinary Surgeons Act, 1926 .. .. .. 11 15 0 .. 11 15 0 Weights and Measures Act, 1925 .. .. .. 8,682 5 8 0 15 0 8,681 10 8 200,947 14 5 1,915 14 4 199,032 0 1 National Endowment Revenue— Amounts transferred from State Forests Account in terms of Section 39 (2) of the Forests Act, 1921-22 6,337 2 4 .. 6.337 2 4 Rents, Royalties, &c. .. .. .. .. 72,631 5 2 753 19 7 ~| Refunds arising out of operation of Section 6, De- j> 71,671 13 2 teriorated Lands Act, 1925 .. .. .. .. 205 12 5 j Interest on Sales .. .. .. .. 3,122 16 6 2,072 18 3 1,049 18 3 Interest under Section 13, Land Laws Amendment Act, 1930 .. .. .. .. .. .. 750 0 0 .. 750 0 0 Interest on Investments of National Endowment Trust Account, accrued to the date of closing the account.. 14 16 8 .. 14 16 8 82,856 0 8 3,032 10 3 79,823 10 5 Territorial Revenue — Rents from Leases .. .. .. .. 126,812 18 6 2,341 12 1 Refunds arising from operation of Deteriorated Lands Act, 1925, Section 6 .. .. .. .. .. 597 3 4 „„„ „ . Refunds arising from the operation of Section 8 (2) of j ' the Discharged Soldiers Settlement Amendment Act, 1923 .. .. .. .. .. .. 34 13 9 J Royalties .. .. .. .. .. 7,861 I 11 40 5 9 7,820 16 2 Interest on Sales of Crown Lands .. .. .. 11,184 18 5 99 16 9 11,085 1 8 Under Coal-mines Act, 1925 — Rents from Leases .. .. .. .. 1,137 15 1 222 16 10 914 18 3 Royalties .. .. .. .. .. 6,684 13 11 356 4 1 6,328 9 10 Rents from Licenses .. .. .. .. 18 12 0 17 10 0 1 2 0 Miscellaneous .. .. .. .. .. 3,878 6 3 765 6 0- 3,113 0 3 Marine Department Leases .. .. .. 93 4 10 .. 93 4 10 Rents from Mining Districts Land Occupation Leases 698 2 2 .. 698 2 2 158,369 13 1 4,475 8 7 153,894 4 6 Post and Telegraph Department's Profits— Profits other than Post Office Savings-bank profits received from the Post Office Account in terms of Section 4 (1) (d) of the Pos f . and Telegraph Act, 1928 — £ s. d. Year 1930-31 .. .. 11,616 6 2 Year 1931-32, on account .. 930,000 0 0 — 941,616 6 2 .. 941,616 6 2 From Reserves, — Finance Act, 1931 (No. 4) — Section 4 (1) —Amount transferred from Reserve Fund Account .. .. .. .. .. 550,000 0 0 .. 550,000 0 0 Section 7—Amount transferred from capital money standing to the credit, of Discharged Soldiers Settlement Account .. .. .. .. 350,000 0 0 .. 350,000 0 0 Section 8 (1) —Balance transferred from Discharged Soldiers Settlement Loans Act 1920 Depreciation Fund .. .. .. .. .. 594,824 12 6 .. 594,824 12 6 1,494,824 12 6 .. 1,494,824 12 6 Miscellaneous (details on separate statement) .. 334,130 19 8 105,437 18 4 228,693 I 4 Recoveries on account of Expenditure of Previous Years (details on separate statement) .. .. 4,641 1 1 508 18 0 4,132 3 1 TOTAL, OTHER Receipts .. .. 3,795,020 19 8 133,392 17 9 3,661,628 1 11 TOTAL Revenue .. .. .. 23,370,658 0 6 650,925 3 0 22,719,732 17 6

.B.—l [PT. ll].

PUBLIC ACCOUNTS, 1 931-1 932

STATEMENT of INTEREST on the PUBLIC DEBT REDEMPTION FUND for the FINANCIAL YEAR ended 31st March, 1932. Repayment oe the Public Debt Act, 1925, Section 12 (a): —- f s. d. Interest earned by the capital moneys of tlie Public Debt Redemption Fund held by— Public Trustee .. .. .. .. .. .. .. .. .. 408,936 6 9 State Advances Office .. .. .. .. .. .. .. .. 146,187 8 11 Interest at 4 per cent, on £10,850,000 transferred from Consolidated Fund to Discharged Soldiers Settlement Account — From Ist November, 1930, to Ist March, 1931 .. .. .. .. .. 144,666 13 4 £699,790 9 0

DETAIL STATEMENT of INTEREST on OTHER PUBLIC MONEYS for the FINANCIAL YEAR ended 31st March, 1932.

2—B. 1 [PT. ll].

9

I Interest on Othek Public! Moneys :— £ s, d. £ a. d. £ s. <1. | On credit balances of— Foreign Imprest Account, London .. .. . . .. 414 2 4 New Zealand Public Account, London .. . . .. 706 17 10 Public Debt Charges Account, London .. ,. .. 34 12 6 Public Account, Wellington .. .. ., .. 6,297 10 0 Receiver-General's Deposit Account .. .. .. 207 4 7 7,660 7 3 On investments made in respect of the— Deposits Account .. .. .. ..I .. 3,154 14 10 Discharged Soldiers Settlement Loans Act, 1.920—Depreciation Fund Account .. .. .. ! .. 6,068 16 6 Education Loans Account .. .. ,. .. 112 8 5 Loans Redemption Account .. .. .. .. 4,438 18 4 Loans Redemption Account (Main Highways moneys) .. 6,425 4 7 Ordinary Revenue Account .. .. .. .. 11,937 15 4 Bank of New Zealand Shares Account: Interest transferred to Ordinary Revenue Account in terms of section 8 (3), Finance Act, 1926— Dividend on £500,000 preference A shares .. 50,000 0 0 Final dividend and bonus on £1,375,000 preference B shares for year ended 31st March, 1931 .. 139,583 6 8 Interim dividend on £1,375,000 preference B shares for year ended 31st March, 1932 .. .. 41,666 13 4 Half - yearly dividend on £234,375 C long - term mortgage shares to 31st March, 1931 .. .. 7,031 5 0 Half - yearly dividend on £234,375 C long - term mortgage shares to 30th September, 1931 .. 7,031 5 0 245,312 10 0 Public Works Fund, General Purposes Account .. .. 79,052 3 2 Railways Improvement Authorization Act 1914 Account .. .. .. .. .. .. 2,584 17 4 Receiver-General's Deposit Account .. .. .. 4,772 2 11 Reserve Fund Account .. .. .. .. .. 114,762 9 10 Public Account Cash Balance Investment Account, being amounts allocated in respect of the balances of the —• Deposits Account .. .. .. .. 1,627 15 2 Discharged Soldiers Settlement Loans Act 1920 Depreciation Fund Account .. .. .. 1,094 9 6 Education Loans Account .. .. .. 16 15 11 Kauri-gum Industry Account .. , . .. 1 15 2 Loans Redemption Account .. .. .. 6,597 3 5 Local Bodies'Account .. .. .. .. 155 14 0 Ordinary Revenue Account .. . . .. 23 17 11 Public Works Fund, General Purposes Account .. 12,909 17 8 Railways Improvement Authorization Act 1914 Account 177 3 2 Waihou and Ohinemuri Rivers Improvement Account 9 17 2 Suspense Account .. .. .. .. 8,848 5 9 31,462 14 10 Less amount representing cost of exchange on remittances to London, over credited 1930-31— Loans Redemption Account (Main Highways moneys) .. .. .. .. .. 163 4 6 r 31,299 10 4 509,921 11 7 On temporary transfers to other accounts, under section 40, Public Revenues Act, 1926, in respect of —• * Loans Redemption Account .. .. .. . • • • 356 3 4 On £1.226,000 appropriated out of Public Works Fund and paid to Main Highways Account Construction Fund, in terms of paragraph (6), section 16, Main Highways Act, 1922 — Finance Act, 1930, section 36 .. . . .. •• 61,300 0 0 Carried forward .. .. .. •• 579,238 2 2

B.—l [PT. ll],

PUBLIC ACCOUNTS, 1931 -1 932.

DETAIL STATEMENT of INTEREST on OTHER PUBLIC MONEYS for the FINANCIAL YEAR ended 31st March, 1932 —continued.

10

£ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. 579,238 2 2 Interest on Otheb Public Moneys—continued. On £463,388 6s. 8d., net profits of the Cheviot Estate Account, in terms of section 19 (4) of the Finance Act, .. .. 18,535 10 7 1930 (No. 2) ' On amounts appropriated out of the Consolidated Fund and paid to State Forests Account — Section 21 of the Finance Act, 1926 —- On £59,250 .. .. .. .. •• .. 2,666 5 0 Section 3 of the Finance Act, 1927 — On £45,000 .. .. .. .. •• .. 2,362 10 0 5,028 15 0 On amount transferred from Consolidated Fund to Westport Harbour Account, pursuant to section 5a (2), Westport Harbour Act, 1920 .. .. .. •• 4,323 10 11 On capital moneys received from sale of Crown lands and paid into the Land for Settlements Account (section 13, Land Laws Amendment Act, 1926) — Interest for year 1930-31 (balance) .. .. .. 7,532 0 11 Interest for year 1931-32 (on account) .. .. .. 65,000 0 0 72,532 0 11 On value of Crown Lands declared to be subject to the Land for Settlements Act, 1925, and former Land for Settlements Acts — Land Laws Amendment Act, 1929 (section 47) — Year 1931-32 .. .. .. .. .. .. .. 8,405 12 0 On loans to local bodies under Local Bodies' Loans Act, 1908 .. .. .. .. .. •• •• .. 71,485 8 4 On loans to Samoan Treasury in terms of section 33, Samoa Act, 1921 .. .. .. .. .. .. 6,200 0 0 On miscellaneous advances— For erection of hostels — Auckland Grammar School .. .. .. 90 17 1 Dannevirke High School .. .. .. 78 0 0 Timaru High School .. .. .. .. 356 10 0 Wairarapa High School .. .. .. .. 88 13 4 614 0 5 For motor-cars sold by Education Department .. .. 4 10 6 From Vote " Agriculture," to various agricultural associations .. .. .. .. .. .. 134 10 9 To Alexander Mines, Ltd. .. . . .. . . .. 0 16 11 To Cascade Coal Co. on account of railway siding .. .. 375 0 0 To discharged soldiers under Repatriation Act, 1918 .. .. 1,042 12 0 To Gore Borough Council (protective works) .. .. 62 13 5 To Hospital Boards— Palmerston North .. .. .. .. 41 8 6 Waiapu .. .. .. .. .. 2 15 3 -— ; ; 44 3 9 To Land Settlement Associations in terms of section 13 (5), Land Settlement Finance Act, 1909— Clifton Grove .. .. .. .. .. 7 10 0 Moorfield .. .. .. .. .. 62 3 11 Nikau Grange .. .. .. .. .. 202 0 7 271 14 6 To Mangawara River Board for improvements to Mangawara Stream .. .. .. .. .. 41 13 4 To Mount Cook Tourist Co. —Lease Hermitage, Mount Cook .. .. .. .. .. .. .. 904 8 4 To Otanomomo River Board, on account of stop-bank .. 131 9 8 To Rotorua Golf Club .. .. .. .. .. 202 2 8 To Thames Borough Council, on account of pumpingplant .. .. .. .. .. .. 57 18 0 To Southland Electric-power Board, in terms of section 34, Finance Act, 1928 .. .. .. .. 825 0 0 To Y.M.C.A., " Donbank" loan .. .. .. .. 16 13 4 Under the village-homestead scheme .. .. .. 107 15 10 4,837 3 5 Miscellaneous interest on— Balance of Post-office Savings-bank Accounts used by District Offices, Education Department—• Auckland .. .. .. .. .. 2 15 3 Hamilton .. .. .. .. .. 050 3 0 3 Debentures under the Hutt Road Act, 1915 .. .. .. 2,931 0 0 Debentures and shares held as security for payment of tax .. .. .. .. .. .. .. 374 1 11 Deposits made by High Commissioner, London .. .. 2 12 1 Mortgage due to Reparation Estates .. .. .. 443 4 0 Outstanding balances —- Contribution towards cost Waitarere Beach Road .. 6 5 8 Royalty on coal, Grey Valley collieries .. .. 26 3 8 — 32 9 4 Carried forward .. .. .. .. 3,786 7 7 770,586 3 4

B. — 1 [Pt. 11].

PUBLIC ACCOUNTS, 1931-193 2.

DETAIL STATEMENT of INTEREST on OTHER PUBLIC MONEYS for the FINANCIAL YEAR ended 31st March, 1932—continued.

DETAIL STATEMENT of OTHER RECEIPTS, MISCELLANEOUS, for the FINANCIAL YEAR ended 31st March, 1932.

11

£ s. d. £ s. d. £ s. d. Brought forward 3,786 7 7 770,586 3 4 Interest on Other Public Moneys—continued. Miscellaneous interest on —continued. Purchase-moneys in connection with sales of land Galloway Experimental Farm .. • • • • q « Q Old road at Ongarue .. •• • ■ a d 11 Poroti Block .. • • • ■ • • • • . , Post-office sites .. • • • • • ■ 29 5 10 School-sites . . • • • • • • • • o p- f\ Waikeria .. 103 15 1 Purchase price— i n 4. f) Normanbv Police-station .. • • • • Waimea-Kumara water-race .. 240 15 9 j Crown's proportion of Greymouth Harbour Board special coal rate: Credited as interest on sums of £114,439 Is. and £27,200 in terms of section 12 ot ()10 n } the Greymouth Harbour Board Act, 1884 .. •. • • ■ • ' £776,627 12 10

£ s. d. £ s. d. £ s. d. Legislative Department 3 4 1 Hire of stores Treasury Department go ig 2 Conscience-money " " jr, cqr, ro 9 Exchange, commission, discount, &c. > Unclaimed moneys, — . Under Public Revenues Act, 1926, section 30Courts of Law Trust .. • • • • • ■ 6 6 5 Gaolers' deposits . • • • 118 5 4 Land Revenue deposits .. • • • ■ • • 68 4 0 Labour deposits • • • • ■ • '' 1 18 4 Marine deposits • • '' '' '' 10 o Patents and Trade-marks deposits .. • • t)J 10 3J S. CI. Miscellaneous deposits .. .. ..5 0 0 Less refund of amount credited 111 previous y ears " " " 3 19 0 Under Public Revenues Act, 1926, section 95— General estates •• " Bankruptcy Act, 1908 .. • • • • • • 156 9 9 Rating Act, 1908 • • • • • • ■ • g Unclaimed land balances •• • • •• Under Unclaimed Moneys Act, 1908, section 6 .. Jbb 4 f> Transfers from Deposits Account— Miscellaneous Deposits Account .. • • ■ • Unclaimed Earnings Account 9QB q 4 Unpresented Cheques Account . ■ • • • • Dividends unclaimed for over 10 years— g 4-per-cent. 1929 stock .. • • • • ' 94. 8 10 3J-per-cent. 1940 stock .. • • • ■ ■ • 48 15 4 4-per-cent. 1943-63 stock • • • • • • 5 15 3-per-cent. 1945 stock .. •• " " 158 0 5 Bank of England fractions of interest .. •• , 19 6 Excess cash at Government offices .. • • '' 16 5 5 Money found by, or handed to, police officers, not claimed 16 Monev found in prison .. ■ • " : • Balance of Kauri-gum Industry Account teanaferred in terms of section 17 of the Finance Act, 1930 (No. 2) .. 1,00 / Balance of Land Assurance Fund Deposit Account trans ferred in terms of section 25 of the Finance Act, 1931 [f . Q (No. 2) .. " " " 11 2 1 Cash seized m gaming raids .. • • • • • 134 1 6 Duty on scrap gold and jewellers' sweepings .. • • a 5 0 Excess amount recovered in respect of cost of cable .. 0 6 0 Fee for extract minutes —Executive Council .. • • Forfeited deposits transferred in terms of regulations undei the Immigration Restriction Act, 1908, and Amendmen 10 0 0 Gotfduty, 0 Waihou and Ohinemuri Account, credited in terms of section 16 (2) of the 4 g HaJi'lPubli^Trust 1 Office profits for year ended 31st March, 1931, credited in terms of section 24 (1) of the Finance ■ Act, 1929 •• •• •' Carried forward 84,327 11 9 3 4 1

B.—l [PT. ll].

PUBLIC ACCOUNT S, 1931- 1 9 3 2.

DETAIL STATEMENT of OTHER RECEIPTS, MISCELLANEOUS, for the FINANCIAL YEAR ended 31st March, 1932 —continued.

12

£ s. d. £ s. d. £ s. d. Brought forward .. .. .. 84,327 11 9 3 4 1 Treasury Department—continued. Miners rights and prospecting licenses—■ £ s. d. Fiord County .. ..150 Sounds County .. .. .. .. 17 10 0 Taupo County .. .. .. .. 0 10 0 19 5 0 New Zealand Government's share of profits from Bank of International Settlements .. .. .. .. 168 16 8 Post Office Savings-bank profits received from the Post Office Account in terms of section 95 (1) (c), Post and Telegraph Act, 1928— £ s. d. For year 1930-31 (balance) .. 14,637 5 10 For year 1931-32 (on account) .. 37,862 14 2 — — — 52,500 0 0 Receipts from sale of kauri-gum .. .. .. 2 8 9 Savings in salaries paid to the Consolidated Fund in terms of section 5, Finance Act, 1931 (No. 2) — £ s. d. Government Accident Insurance Account 1,174 13 4 Government Insurance Account .. 3,665 4 0 Native Trustee's Account .. .. 1,133 14 0 Public Trustee's Account .. .. 23,120 16 0 State Fire Insurance Account .. 3,483 17 8 32,578 5 0 Amount received from the Maori Arts and Crafts Board in reduction of grant made to Board from Vote " Native being savings in salaries pursuant to regulations under section 13 (1) (k) of the Finance Act, 1931 .. .. 51 0 0 Savings in salaries paid to the Consolidated Fund from Weotport Harbour Account under authority of Vote " Westport Harbour " .. .. .. .. 1,270 7 0 Share of profits received from the Royal Mint in respect of silver coin shipped to New Zealand .. .. .. 13,820 0 0 Silver coin confiscated under section 12 (3), Finance Act, 1931 (No. 2) .. .. .. .. .. 109 0 0 Surcharge, Government officer .. .. .. 10 0 184,847 14 2 Public Works Department : — Payment for privilege of draining into pipe-line, Ellerslie Police-station site .. .. .. .. 1 10 0 Receipts under section 17, Waihou and Ohinemuri Rivers Improvement Act, 1910 .. .. .. ... 1,439 2 2 Receipts from irrigation and water-supply schemes .. 6,936 19 3 Rents of buildings .. .. .. .. .. 4,093 18 7 Water-power license revenue .. .. .. 1,17517 1 13,647 7 1 Native Depabtment :— Sale of equipment for Maori gatherings in reimbursement of amounts charged against Civil List, Part V, Native Purposes .. .. .. .. .. .. 72 8 0 Department oe Industries and Commerce, Tourist, and Publicity :— Overcharges on bookings, &c., unclaimed .. .. 0 8 0 Rents of buildings .. .. . . .. .. 524 17 11 Value of tickets, &c., issued and unpresented .. .. 299 0 7 ■ 824 6 6 Department op Justice : — Estreated recognizances .. .. .. .. 86 12 5 Forfeited deposits, parliamentary candidates .. .. 280 0 0 King's counsel fees .. .. .. .. 2 2 0 Rents of buildings .. .. .. .. .. 151 4 7 Sale of waste paper.. .. .. .. .. 079 520 6 9 Prisons Department :— Rents of buildings .. .. .. .. .. .. 58 5 4 Police Depabtment :— Rents of buildings .. .. .. .. .. 413 8 5 Sale of — Firearms (confiscated) .. .. .. .. 86 11 5 Liquor (confiscated) .. .. .. .. 95 17 5 595 17 3 Mines Department :— Commission on coal and goldfields revenue collected .. 860 11 8 Hire of drills and water-wheel .. . . .. 360 14 0 Rents of buildings .. .. .. .. .. 25 10 0 1,246 15 8 Carried forward .. .. .. .. 201,816 4 10

B.—l [Pt. ll}..

PUBLIC ACCOUNTS, 1931-1 93 2.

DETAIL STATEMENT of OTHER RECEIPTS, MISCELLANEOUS, for the FINANCIAL YEAR ended 31st March, 1932 —continued.

13

£ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. 201,816 4 10 I Department of Internal Affairs : — Fees and fines, Rotorua Acclimatization District .. j 27 0 0 Fees for camp licenses and sites .. .. .. 196 0 6 Fees for storage of powder .. .. .. .. 2,429 8 7 Fees, Taupo slipway .. .. . . ■ • 23 9 0 Passport fees .. .. .. .. ■ • i 3,687112 Rents of buildings .. .. . . . . .. 1,777 7 1 j Sale of — Confiscated fishing-gear and gun . . .. .. | 5 4 3 Fishing and game licenses, Rotorua Acclimatization District .. .. .. .. .. 1,934 15 0 Publications .. .. .. .. .. 136' 7 0 War graves photographs .. .. .... 010 Waste paper .. .. .. .. .. 13 1 1 10,230 4 8 Mental Hospital Department : — Rents of buildings .. .. .. .. .. .. 0 4 10 Department of Health :■ — Rents of buildings .. .. .. .... ..' 9S8 17 3 Naval Defence Department : — Forfeited deferred pay .. .. .. .. 615 15 3 Purchase of discharge by New Zealand ratings .. 9 0 0 Rents of buildings .. ' .. .. .. .. 442 5 0 ■ —"—■—■ j_ j v'tj ê \j Defence Department : — Hire of equipment, &e. .. .. .. . 303 6 0 Rents of buildings .. .. .. .. .. 5,931 4 5 Sale of war trophies .. .. .. • ■ 10 0 6,235 10 5 Customs Department : — Rents of buildings .. . . .. .. .. 117 0 0 Sale of goods seized by Customs and fees for redemption 215 7 6 h 332 7 6 Marine Department : — Rents of buildings .. .. j .. .. .. 79 4 6 Department of Labour : — Rents of buildings .. .. j .. .. .. 76 10 0 Sale of scales (confiscated) .. .. .. .. 0 7 6 76 17 6 i Department of Lands and Survey : — Hire of typewriter .. .. .. . . .. 2 16 10 Rates under section 10 (2), Hauraki Plains Act, 1926 .. 16 1 10 Sale of equipment, Kauri-gum Control Board .. .. 2 0 0 Scenery-preservation receipts,— Rents .. .. 531 19 8 552 18 4 Department of Agriculture : — Rents of buildings .. .. .. .. .. .. ' 1,971 17 8 Department of Education : — Fees for teachers' certificates, licenses, &c. .. .. 625 9 0 Hire of furniture .. .. .. ■• •• 433 Rents of buildings .. .. .. .. .. 2,552 7 5 Wages of deceased inmates .. .. .. .. 1,91985 5,101 8 1 Department of Scientific and Industrial Research : — Fees for analyses .. .. .. .. .. .. 270 5 6 ! £228,693 1 4 i 1. ,. -

B.—l [FT. ll].

PUBLIC ACCOUNTS, 1931 - 1 9 32.

DETAIL STATEMENT of OTHER RECEIPTS, RECOVERIES on Account of EXPENDITURE of PREVIOUS YEARS for the FINANCIAL YEAR ended 31st March, 1932. Ordinary Revenue Account.

14

£ s. d. £ s. cl. £ s. d. Legislative Department : — Sale of surplus and obsolete stores .. .. .. • • 7 4 0 Treasury Department :— Recovery of— Cost of cablegram .. . • • • • • 0 15 4 Exchange paid ill 1930-31 .. 59 7 G Expenses incurred in connection with Wellington Carillon Society .. .. •• •• 34 13 2 94 lb 0 National Provident and Friendly Societies Department r 7 a Sale of surplus and obsolete stores .. .. .. • • o / o Stamp Duties Department :— Sale of surplus and obsolete stores .. .. • ■ • • 2 4 0 Public Works Department : — Sale of surplus and obsolete stores .. .. • • 9 0 0 Surplus funds, Christchurch Access to Sea Commission .. 214 7 7 223 7 7 Native Department:— Sale of publications Department of External Affairs : — Sale of— Stores, &c., New Zealand Reparation Estates .. 641 12 0 Surplus stores, Samoan Military Police .. .. 45 12 1 ,587 4 1 Department of Industries and Commerce, Tourist, and Publicity ; Instalments on account of advance to Rotorua Golf Club 94 4 4 Refund on account of defalcation .. .. • • 3 0 0 Sale of— Deer heads .. • • • • • • • ■ i ™ q r Surplus and obsolete stores .. • ■ • • ■ 17J d 0 — —- iioi) / y Department of Justice: — Sale of surplus and obsolete stores .. .. • • 40 16 8 Less adjustment in respect of compensation for site of Courthouse, Lower Hutt, set aside for automatic exchange, credited 1930-31 .. . ■ • • Dr. 300 0 0 — Dr. 259 3 4 Prisons Department :— Sale of— Horses .. .. • • • • • ■ • • 90 r 7 Surplus and obsolete stores .. . • •• zy o / r 43 16 7 » Police Department : — Sale ofPublications .. •• •• An ii a Surplus and obsolete stores .. •• •• 47 11 8 r . 47 13 11 Pensions Department :— Sale of— Surplus and obsolete stores .. • • • • iz ro u T.B. equipment and furniture .. • • • • 0 15 6 13 10 6 Mines Department :— Recovery of expenses of boring on State Coal Reserve .. H5 17 b Recovery of loss on drill carbons . . ■ ■ • • ® j' jj Sale of surplus and obsolete stores .. •• 430 13 3 749 8 3 Carried forward .. •• •• •• 1,667 11 2

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1931-193 2.

DETAIL STATEMENT of OTHER RECEIPTS, RECOVERIES, &c.—continued. Ordinary Revenue Account—continued.

15

£ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. 1,667 11 2 Department oe Internal Affairs : — Sale of surplus and obsolete stores .. .. .. .. 100 18 6 Audit Department : — Sale of surplus and obsolete stores .. .. .. .. 171711 Mental Hospitals Department : — Sale of surplus and obsolete stores .. .. .. .. 99 4 0 Department oe Health : — Sale of —• Buildings .. .. . , . . . . 122 10 0 Surplus and obsolete stores .. .. .. 651 13 1 774 3 1 Naval Deeenoe Department :— Sale of surplus and obsolete stores .. .. .. .. 75 0 0 Defence Department :— Sale of — Building .. .. .. .. .. 1100 Surplus and obsolete stores .. .. .. 28 17 10 39 17 10 Marine Department : — Sale of surplus and obsolete stores .. .. .. .. 123 0 10 Department of Labour :— Sale of surplus and obsolete stores .. .. .. .. 18 1 2 Department of Lands and Survey : — Repayment of advances for purchase of grass seed (refund) Dr. 2 0 0 Sale of surplus and obsolete stores .. .. .. 140 0 5 138 0 5 Valuation Department : — Sale of surplus stores .. .. .. .. .. 3 15 0 I Electoral Department : — Sale of surplus and obsolete stores .. .. .. .. 5 13 Department of Agriculture : — Instalment on sale of improvements— Poroti Block .. .. .. .. .. 8 14 1 Tiger Hill . . .. .. . . .. \ 17 5 0 Portion of subsidy refunded by New Zealand Herd-testing . Association .. .. .. .. .. 23 10 2 Repayment of loans to agricultural associations, &c. .. 174 10 5 Sale of surplus and obsolete stores .. .. .. 669 19 11 893 19 7 Department of Education : — Instalments on account of purchase of motor-cars and motor-bus .. .. .. .. . . 140 2 9 Sale of surplus and obsolete stores .. .. .. 35 9 7 175 12 4 £4,132 3 1

B.—l [Pt. 111.

PUBLIC ACCOUNTS, 1931- 1 9 3 2.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) under SPECIAL ACTS of the LEGISLATURE, and of RECOVERIES in respect of such DISBURSEMENTS, for the FINANCIAL YEAR ended 31st March, 1932. Debt Services —Interest.

16

p . I Gross Tutor est Net Interest . , K 7 e Half-yearly I Maturity Amount of charged to Recoveries charged to Act. rrmcipal. per Due Date, j Date. Interest. Ordinary Revenue Ordinary Revenue ent * Account. Account. £ s. d. f s. d. £ s. d. £ s. d. £ s. d. Aid TO Public Works and 175,000 0 0 4 1/8/31 1/8/31 3,500 0 0 Land Settlement Act, 25,000 0 0 6 1/8/31 1/8/31 750 0 0 1896 175,000 0 0 4 1/2/32 1/8/50 3,500 0 0 7,750 0 0 .. 7,750 0 0 Aid to Public Works and 500 0 0 4 1/7/31 1/1/49 8 15 4 Land Settlement Act, 500 0 0 4 1/1/32 1/1/49 10 0 0 1900 91,300 0 0 4 1/5/31 1/5/50 1,826 0 0 91,300 0 0 4 1/11/31 1/5/50 1,826 0 0 3,670 15 4 .. 3,670 15 4 Aid to Public Works and 104,500 0 0 4 1/6/31 1/12/33 2,090 0 0 Land Settlement ACT, 104,500 0 0 4 1/12/31 . 1/12/33 2,090 0 0 lf)01 4,180 0 0 .. 4,180 0 0 Aid to Public Works and 300 0 0 44 1/6/31 1/12/32 6 15 0 Land Settlement Act, 300 0 0 4| 1/12/31 1/12/32 6 15 0 1902 145,200 0 0 4 1/6/31 1/12/51 2,904 0 0 145,200 0 0 4 1/12/31 1/12/51 2,904 0 0 5,821 10 0 .. 5,821 10 0 Aid to Public Works and 300 0 0 6 1/7/31 1/1/32 9 0 0 Land Settlement Act, 300 0 0 6 1/1/32 1/1/32 9 0 0 1903 2,500 0 0 5i 15/8/31 15/8/33 19 9 1 500 0 0 5| 15/2/32 15/8/33 13 2 6 479,065 0 0 4 1/7/31 1/1/34 9,581 2 0 479,065 0 0 4 1/1/32 1/1/34 9,581 6 0 600 0 0 4J 1/7/31 1/1/34 13 10 0 600 0 0 4* 1/1/32 1/1/34 13 10 0 1,900 0 0 5| 1/3/31 '1/9/37 16 17 3 3,750 0 0 54 1/9/31 1/9/37 103 2 6 3,750 0 0 51 1/3/32 1/9/37 103 2 6 15,000 0 0 4 1/7/31 1/1/49 267 0 4 12,300 0 0 4 1/1/32 1/1/49 246 0 0 2,000 0 0 4 1/5/31 1/5/50 11 12 4 2,000 0 0 4 1/11/31 1/5/50 40 0 0 20,027 14 6 .. 20,027 14 6 Aid to Public Works and 500 0 0 54 1/9/31 1/9/37 13 15 0 LAND Settlement Act, 156,700 0 0 4 1/7/31 1/1/49 3,120 10 4 1905 156,700 0 0 4 1/1/32 1/1/49 3,134 0 0 6,268 5 4 .. 6,268 5 4 Aid to Public Works and 24,900 0 0 6 1/7/31 1/1/32 747 0 0 Land Settlement Act, 24,900 0 0 6 1/1/32 1/1/32 747 0 0 1906 11,000 0 0 5 1/2/32 1/8/33 274 4 11 681,500 0 0 4 1/7/31 1/1/34 13,630 0 0 681,500 0 0 4 1/1/32 1/1/34 6,835 9 6 600 0 0 41 1/7/31 1/1/34 13 10 0 600 0 0 4J 1/1/32 1/1/34 13 10 0 35,350 0 0 5i 1/2/32 1/8/36 925 7 11 95,000 0 0 54 1/9/31 1/9/37 748 5 t 89,350 0 0 54 1/3/32 1/9/37 2,457 2 6 26,391 9 11 .. 26,391 9 11 Aid to Public Works and 24,300 0 0 6 1/7/31 1/1/32 729 0 0 Land Settlement Act, 22,300 0 0 6 1/1/32 1/1/32 669 0 0 1907 200,500 0 0 4 1/8/31 _ 1/2/33 4,010 0 0 200,500 0 0 4 1/2/32 1/2/33 4,0.10 0 0 100 0 0 54 1/8/30 1/2/33 2 15 0 650 0 0 5| 1/2/31 1/2/33 17 17 6 107,700 0 0 54 1/8/31 1/2/33 2,961 15 0 103,400 0 0 54 1/2/32 1/2/33 2,843 10 0 41,000 0 0 4 15/8/31 15/8/33 820 0 0 41,000 0 0 4 15/2/32 15/8/33 820 0 0 7,850 0 0 5J 15/8/31 15/8/33 206 1 3 7,850 0 0 51 15/2/32 15/8/33 206 1 3 17,296 0 0 .. 17,296 0 0 Carried forward .. .. .. •• •• 91,405 15 1 .. 91,405 15 1

B.—l [PT. ll],

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest —continued.

3—B. 1 [PT. 11l •

17

■n t Gross Interest Net Interest p . I Half-yearly Maturity Amount of charged to n«.„ V i>riM charged to Ac ®" Principal. per j)at e . Date. Interest. Ordinary Revenue recoveries. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 91,405 15 1 .. 91,405 15 1 Aid TO Public Works and 300 0 0 5 1/9/31 1/9/37 1 5 6 Land Settlement Act, 300 0 0 5 1/3/32 1/9/37 7 10 0 1908 50,000 0 0 4 1/4/31 1/4/49 1,000 0 0 50,000 0 0 4 1/10/31 1/4/49 911 4 7 1,920 0 1 .. 1,920 0 1 Aid to Public Works and 170,596 17 11 * 1/6/31 .. 4,243 3 5 Land Settlement Act, — 4,243 3 5 .. 4,243 3 5 1910 Aid to Public Works and 149,000 0 0 4 1/7/31 1/1/49 2,980 0 0 Land Settlement Act, 149,000 0 0 4 1/1/32 1/1/49 2,980 0 0 1911 — 5,960 0 0 .. 5,960 0 0 Aid to Public Works and 186,500 0 0 4 1/4/31 1/4/49 3,730 0 0 Land Settlement Act, 186,500 0 0 4 1/10/31 1/4/49 3,730 0 0 1912 7,460 0 0 .. 7,460 0 0 AID TO Public WORKS AND 2,450,000 0 0 4 1/5/30 1/11/50 49,000 0 0 LAND SETTLEMENT ACT, 2,450,000 0 0 4 1/11/30 1/11/50 49,000 0 0 1914 40,000 0 0 4 1/6/31 1/12/51 666 5 10 40,000 0 0 4 1/12/31 1/12/51 800 0 0 1.200,000 0 0 f •• •• 37,091 12 6 136,557 18 4 .. 136,557 18 4 Aid to Public Works and 1,000 0 0 6 1/8/30 1/8/31 30 0 0 Land Settlement Act, 11,800 0 0 6 1/2/31 1/8/31 354 0 0 1921 101,650 0 0 6 1/8/31 1/8/31 3,049 10 0 700 0 0 5J- 15/2/31 15/2/32 18 7 6 3,700 0 0 Bi 15/8/31 15/2/32 97 2 6 3,700 0 0 5i 15/2/32 15/2/32 97 2 6 34,900 0 0 5j 1/8/31 1/2/36 959 15 0 34,600 0 0 54- 1/2/32 1/2/36 951 10 0 1,100,000 0 0 4" 1/6/31 1/12/51 22,000 0 0 1,100,000 0 0 4 1/12/31 1/12/51 22,000 0 0 49,557 7 6 .. 49,557 7 6 AID TO WATER-POWER 32,500 0 0 5 1/4/31 1/10/32 812 10 0 WORKS ACT, 1910 32,500 0 0 5 1/10/31 1/10/32 812 10 0 122,100 0 0 51 15/8/31 15/8/33 3,205 2 6 11,700 0 0 Bi 15/2/32 15/8/33 3,071 5 0 16,500 0 0 5 1/5/31 1/11/35 412 10 0 16,500 0 0 5 1/11/31 1/11/35 412 10 0 5,800 0 0 41 1/4/31 1/10/49 130 10 0 5,800 0 0 4i 1/10/31 1/10/49 130 10 0 20,000 0 0 4i 1/5/31 1/5/50 450 0 0 20,000 0 0 4| 1/11/31 1/5/50 450 0 0 9,887 7 6 Less amount recovered .. .. .. .. .. .. 9,88776 from Electric Supply Account Appropriation Act, 1912 15,000 0 0 4 1/5/31 1/11/50 300 0 0 (Irrigation and Water- 15,000 0 0 4 1/11/31 1/11/50 300 0 0 supply) "—— 600 0 0 .. 600 0 0 I Appropriation Act, 1918, 70,000 0 0 4 1/9/31 1/3/34 1,400 0 0 section 33 (Waimarino 70,000 0 0 4 1/3/32 1/3/34 1,400 0 0 Btjsii-eire Relief) 2,800 0 0 Less amount recovered .. .. .. .. .. .. 1,600 0 0 1,200 0 0 from General Purposes Relief Account Coal-mines Act, 1925 .. 97,300 0 0 4 1/4/31 1/4/34 1,946 0 0 97,300 0 0 4 1/10/31 | 1/4/34 1,894 18 11 3,840 18 11 Less amount recovered .. .. .. .. .. 3,840 18 11 from State Coalmines Account Carried forward .. .. .. .. .. .. 314,232 10 10 15,328 6 5 298,904 4 5 * £4 19s. 5'88d. per cent. t Treasury bills,

B. —1 [Fr. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

18

Gross Interest Net Interest T> . Half-yearly Maturity Amount of charged to charged to Act. Principal. per j) ue D a t e . Date. Interest. Ordinary Revenue 0 Ordinary Revenue Lent - Account. Account. £ s. d. • £ s. dl £ s. d. £ s. d. £ s. d. Brought forward.. .. .. •• i 314,232 10 10 15,328 6 5 298,904 4 5 Deteriorated Lands Act, 22,000 0 0 4 1/4/31 1/4/32 440 0 0 1925 22,000 0 0 4 1/10/31 1/4/32 440 0 0 — 880 0 0 Less amount recovered .. .. .. | • • • • ■ • 880 0 0 from Land for Settlements Account i ; | m E • Discharged Soldiers 2,856,450 0 0 4 1/9/31 l:/9/31 57,129 0 0 Settlement LoAks Act, 90,550 0 0 4J 1/9/31 11/9/31 2,037 7 6 1919, SECTION 4 (Land 2,947,000 0 0 4 1/3/32 1/9/51 58,940 0 0 for Settlements) — 118,106 7 6 Less amount recovered .. . . .. •• •• •• 72,562 7 6 45,544 0 0 from Land for Settle- j ments Account Discharged Soldiers 33,000 0 0 6 1/8/31 1/8/31 990 0 0 Settlement Loans Act, 13,650 0 0 5 15/7/31 15/1/33 132 15 3 1920 100 0 0 5J 15/7/24 15/1/33 2 15 0 100 0 0 5* 15/1/25 15/1/33 2 15 0 1,100 0 0 5£ 15/7/25 15/1/33 30 5 0 1,500 0 0 54 15/1/26 15/1/33 41 5 0 1,500 0 0 5i 15/7/26 15/1/33 41 5 0 1,500 0 0 5-i 15/1/27 15/1/33 41 5 0 1,600 0 0 5} 15/1/21 15/1/33 44 0 0 1,600 0 0 Si 15/1/28 15/1/33 44 0 0 1,600 0 0 5i 15/7/28 15/1/33 44 0 0 1.600 0 0 Si 15/1/29 15/1/33 44 0 0 1,600 0 0 5J 15/7/29 15/1/33 44 0 0 1,800 0 0 5J 15/1/30 15/1/33 49 10 0 3,600 0 0 Si 15/7/30 15/1/33 99 0 0 15,200 0 0 Si 15/1/31 15/1/33 418 0 0 I,124,200 0 0 Si 15/7/31 15/1/33 30,794 10 7 II,099,000 0 0 5i 15/1/32 15/1/33 30,222 10 0 — 63,085 15 10 Less amount recovered .. .. .. .. •• •• 63,085 15 10 from Discharged | Soldiers Settlement Account | District Railways Pur- 40,000 0 0 4 1/7/31 1/7/49 800 0 0 chasino Acts, 1885-86 40,000 0 0 4 1/1/32 1/7/49 800 0 0 1,600 0 0 .. 1,600 0 0 Education Purposes Loans 150 0 0 5| 1/2/27 1/8/27 3 18 9 4ct, 1919 | 150 0 0 51 1/8/27 1/8/27 3 18 9 I 33,000 0 0 4 1/7/31 18/3/31 274 17 0 5,150 0 0 5 1/7/31 29/3/31 61 7 6 830 0 0 5 1/7/31 19/5/31 15 13 9 490 0 0 5 1/7/31 26/5/31 9 14 8 530 0 0 5 1/7/31 19/7/31 13 5 0 530 0 0 5 1/1/32 19/7/31 1 6 2 110 0 0 5 1/7/31 3/8/31 2 15 0 110 0 0 5 1/1/32 3/8/31 0 9 11 2,000 0 0 6 1/2/31 1/8/31 60 0 0 i 12,500 0 0 6 1/8/31 1/8/31 375 0 0 i 58,390 0 0 5 1/4/31 1/10/31 1,459 15 0 i 58,390 0 0 5 1/10/31 1/10/31 1,459 15 0 1,000 0 0 6 1/8/31 1/2/32 30 0 0 1,000 0 0 6 1/2/32 1/2/32 30 0 0 2,000 0 0 : 5i 15/8/31 15/2/32 52 10 0 2,000 0 0 5J 15/2/32 15/2/32 52 10 0 1,640 0 0 U 1/4/31 1/10/32 36 18 0 1,640 0 0 ! 4£ 1/10/31 1/10/32 36 18 0 169,510 0 0: 51 1/4/31 1/10/32 4,449 12 9 169,510 0 0 ! 5J- 1/10/31 1/10/32 4,449 12 9 Carried'orward . .. .. .. .. 12,879 18 0 497,904 14 2 151,856 9 9 346,048 4 5

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931- 193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest—continued.

19

Gross Interest Net Interest Rate Half-vearlv Maturity Amount of charged to Recoveries „ charged to Act. Principal. per Date Date. Interest. Ordinary Revenue ' Ordinary Revenue Cent. Account. Account. £ g a £ s. d. £ s. d. £ s. d. £ s. d. Brought forward.. ' 12,879 18 0 497,904 14 2 151,856 9 9 346,048 4 5 Education Purposes Loans 600 0 0 51 1/7/31 1/7/33 16 10 0 Act, 1919 —continued. 600 0 0 51 1/1/32 1/7/33 16 10 1,000 0 0 5i 15/8/30 15/8/33 26 5 0 7,700 0 0 5J 15/2/31 15/8/33 202 2 6 92,750 0 0 5J 15/8/31 15/8/33 2,434 13 9 78,750 0 0 5-1 15/2/32 15/8/33 2,067 3 9 1,074,100 0 0 4 1/7/31 1/1/34 21,482 0 0 1,074,100 0 0 4 1/1/32 1/1/34 21,482 0 0 30,900 0 0 41 1/7/31 1/1/34 255 4 10 2,000 0 0 5J 1/1/31 1/7/35 52 10 0 198,900 0 0 5| 1/7/31 1/7/35 5,221 2 6 178,900 0 0 5J 1/1/32 1/7/35 4,696 2 6 5,150 0 0 5 1/4/31 1/4/36 2 2 4 5,150 0 0 5 1/10/31 1/4/36 128 15 0 1,960 0 0 5 1/11/31 1/5/36 38 10 6 743,900 0 0 4 1/7/31 1/1/49 14,365 15 2 743,900 0 0 4 1/1/32 1/1/49 14,878 0 0 50,000 0 0 4J 1/7/31 1/1/49 1,125 0 0 50,000 0 0 41 1/1/32 1/1/49 1,125 0 0 100,000 0 0 4 1/7/31 1/7/49 2,000 0 0 100,000 0 0 4 1/1/32 1/7/49 2,000 0 0 30,800 0 0 4 1/4/31 1/10/49 616 0 0 30,800 0 0 4 1/10/31 1/10/49 616 0 0 10 7,727 5 10 Education Purposes Loans 7,000 0 0 41 !'?! 2 Act, 1919, and Finance 5,000 0 0 4|- Jo n Act 1927 (No. 2), sec- 5,000 0 0 4Jr 1/10/31 1/10/31 112 10 0 TIO n 4 15,000 0 0 5 1/7/31 1/1/32 375 0 0 i IŌĪOOO 0 0 5 1/1/32 1/1/32 375 0 0 37,800 0 0 5 1/8/31 1/8/32 945 0 0 37,800 0 0 5 1/2/32 1/8/32 945 0 0 240,820 0 0 4 1/8/31 1/2/33 4,816 8 0 240,820 0 0 4 1/2/32 1/2/33 4,816 8 0 40,410 0 0 4i 1/8/31 1/2/33 909 4 6 40,410 0 0 1/2/32 1/2/33 909 4 6 600 0 0 5 1/8/31 1/2/33 15 0 0 600 0 0 5 1/2/32 1/2/33 15 0 0 2,000 0 0 5| 15/8/31 15/8/33 52 10 0 2,000 0 0 5-i 15/2/32 15/8/33 52 10 0 15,000 0 0 5J 1/7/31 1/1/35 393 15 0 15,000 0 0 5i 1/1/32 1/1/35 393 15 0 55,200 0 0 5i 1/8/31 1/8/35 1,449 0 0 55,200 0 0 5£ 1/2/32 1/8/35 1,449 0 0 40,000 0 0 5J 1/4/31 1/10/35 1,050 0 0 40,000 0 0 5J 1/10/31 1/10/35 1,050 0 0 7,000 0 0 41 1/2/32 1/8/36 157 10 0 100 0 0 5| 15/8/30 15/2/37 2 11 3 300 0 0 5| 15/2/31 15/2/37 7 13 9 10,100 0 0 5J 15/8/31 15/2/37 258 16 6 10,100 0 0 5$ 15/2/32 15/2/37 258 16 0 500 0 0 5-| 15/8/30 15/2/37 13 15 0 500 0 0 5| 15/2/31 15/2/37 13 15 0 48,050 0 0 51 15/8/31 15/2/37 1,321 7 6 43,450 0 0 5J 15/2/32 15/2/37 1,194 17 6 2,600 0 0 5| 1/3/31 1/9/37 65 0 8 24,450 0 0 51 1/9/31 1/9/37 672 7 6 23,450 0 0 5* 1/3/32 1/9/37 644 17 6 34,000 0 0 4" 1/7/31 1/1/49 680 0 0 34.000 0 0 4 1/1/32 1/1/49 680 0 0 112,260 0 0 4 1/7/31 1/7/49 2,245 4 0 112,260 0 0 4 1/1/32 1/7/49 2,245 4 0 ( g 30)85 «i 1 2 Electric - power Works 100 0 0 5 15/7/30 W7/30 2 10 0 Loan Act, 1919 700,000 0 0 5 15/7/31 15/7/35 17,500 0 0 700'000 0 0 5 15/1/32 15/7/35 2,506 3 4 3,650 0 0 5 1/9/31 1/9/37 15 10 3 3,550 0 0 5 1/3/32 1/9/37 88 15 0 157,950 0 0 51 1/9/31 1/9/37 811 19 6 137,700 0 0 51 1/3/32 1/9/37 3,786 15 0 — Z4,711 lo I , .. 24,711 13 1 Less amount recovered .. .... from Electric Supply Account - Carried forward - 661 ' 199 14 3 170 > 568 2 10 484 ' 631 " 5

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest—continued.

20

Rate „ „ , ,, » . 4 . . . « r03 s Interest Net Interest Art. Principal. per Half-yearly Maturity Amount of charged to Recoveries charged to Cent. Date. Date. Interest. Ordinary Revenue * Ordinary Revenue Account. Account. _ , „ . . _ £ s. d. £ s. d. £ s. d. £ s. d. , £ s. d. Brought forward .. .. .. .. .. .. 661,199 14 3 176,568 2 10 484,631 11 5 FINANCE ACT, 1909 (PUBLIC 46,901 0 0 4 1/8/31 1/8/50 938 0 5 WORKS) 46,901 0 0 4 1/2/32 1/8/50 938 0 5 100,000 0 0 4 1/5/31 1/11/50 2,000 0 0 100,000 0 0 4 1/11/31 1/11/50 2,000 0 0 100,000 0 0 44 1/5/31 1/11/50 2,250 0 0 100,000 0 0 4J 1/11/31 1/11/50 2,250 0 0 10,376 0 10 .. 10,376 0 10 FINANCE ACT, 1915, SEC- 10 0 0 44 15/6/16 15/12/25 0 6 0 TION 1 05 (PUBLIC 10 0 0 44 15/12/16 15/12/25 0 4 6 WORKS) 10 0 0 4\ 15/6/17 15/12/25 0 4 6 10 0 0 4J 15/12/17 15/12/25 0 4 6 10 0 0 4J 15/6/18 15/12/25 0 4 6 10 0 0 44 15/12/18 15/12/25 0 4 6 10 0 0 4J 15/6/19 15/12/25 0 4 6 10 0 0 4| 15/12/19 15/12/25 0 4 6 10 0 0 4J 15/6/20 15/12/25 0 4 6 10 0 0 4J 15/12/20 15/12/25 0 4 6 10 0 0 44 15/6/21 15/12/25 0 4 6 10 0 0 4| 15/12/21 15/12/25 0 4 6 10 0 0 44 15/6/22 15/12/25 0 4 6 15 0 0 44 15/12/22 15/12/25 0 6 9: 10 0 0 44 15/6/23 15/12/25 0 4 6 10 0 0 44 15/12/23 15/12/25 0 4 6 ]0 0 0 44 15/6/24 15/12/25 0 4 6 10 0 0 44 15/12/24 15/12/25 0 4 6 10 0 0 U 15/6/25 15/12/25 0 4 6 10 0 0 4| 1-5/12/25 15/12/25 0 4 6 315 0 0 44 15/12/30 15/12/30 7 1 9 10 0 0 44 15/12/29 15/12/35 0 4 6 10 0 0 44 15/6/30 15/12/35 0 4 6 2,615 0 0 4-4 15/12/30 15/12/35 58 16 9 15,380 0 0 44 15/6/31 15/12/35 346 1 0 15,105 0 0 44 15/12/31 15/12/35 339 17 3 3,700 0 0 54 1/3/31 1/9/37 42 6 6 23,650 0 0 54 1/9/31 1/9/37 650 7 6 22,450 0 0 54 1/3/32 1/9/37 617 7 6 5 0 0 44 15/6/25 15/12/40 0 2 3 5 0 0 44 15/6/29 15/12/40 0 2 3 10 0 0 44 15/12/30 15/12/40 0 4 6 371,600 0 0 44 15/6/31 15/12/40 8,361 0 0 369,295 0 0 44. 15/12/31 15/12/40 8,309 2 9 48,000 0 0 4 15/6/31 15/12/50 960 0 0 48,000 0 0 4 15/12/31 15/12/50 960 0 0 840,505 0 0 4 1/6/31 1/12/51 15,387 12 7 830,505 0 0 4 1/12/31 1/12/51 16,610 2 0 20,940 0 0 44 1/6/31 1/12/51 433 14 3 20,940 0 0 44 1/12/31 1/12/51 471 3 0 ' 53,560 4 7 .. 53,560 4 7 Finance ACT, 1915, SEC- 800 0 0 44 1/7/31 1/1/36 18 0 0 TION 106 800 0 0 44 1/1/32 1/1/36 18 0 0 1,000 0 0 44 1/5/31 1/5/36 22 10 0 1,000 0 0 44 1/11/31 1/5/36 22 10 0 500 0 0 44 1/1/31 1/1/41 11 5 0 900 0 0 44 1/7/31 1/1/41 20 5 0 900 0 0 44 1/1/32 1/1/41 20 5 0 2,200 0 0 44 1/8/31 1/2/41 49 10 0 2,200 0 0 44 1/2/32 1/2/41 49 10 0 127,500 0 0 44 30/9/31 31/3/41 2,868 15 0 127,500 0 0 44 31/3/32 31/3/41 2,868 15 0 71,700 0 0 44 1/4/31 1/4/41 1,613 5 0 71,700 0 0 44 1/10/31 1/4/41 1,613 5 0 19,500 0 0 44 15/4/31 15/4/41 438 15 0 19,500 0 0 44 15/10/31 15/4/41 438 15 0 153,200 0 0 4| 1/5/31 1/5/41 3,447 0 0 152,700 0 0 44 1/11/31 1/5/41 3,435 15 0 212,900 0 0 44 1/6/31 1/6/41 4,790 5 0 212,900 0 0 44 1/12/31 1/6/41 4,790 5 0 . 1,100 0 0 44 1/1/31 1/7/41 24 15 0 812,500 0 0 44 1/7/31 1/7/41 18,281 5 0 801,400 0 0 44 1/1/32 1/7/41 18,031 10 0 500 0 0 44 1/2/31 1/8/41 11 5 0 151,900 0 0 44 1/8/31 1/8/41 3,417 15 0 151,700 0 0 44 1/2/32 1/8/41 3,413 5 0 6,800 0 0 44 1/9/31 1/9/41 153 0 0 6,800 0 0 4| 1/3/32 1/9/41 153 0 0 70,022 5 0 Less amount recovered — From Land for Settle- .. .. .. .. 25,027 17 6 ments Account Prom State Advances .. .. .. .. 450 0 0 Office (Advances to .. 25,477 17 6 44,544 7 6 Workers Branch) Carried forward .. .. .. .. .. I 795,158 4 8 202,046 0 4 593,112 4 4

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest-continued.

21

n.i-e ! Gross Interest Net Interest Act. I Princiual Der Half-yearly Maturity Amount of charged to w»,.™»,!»,. charged to I ' Cent Due Bate. Date. Interest. Ordinary Revenue Recoveries. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward.. .. .. .. .. .. 795,158 4 8 202,046 0 4 593,112 4 4 FINANCE ACT, 1916, SEC- 50 0 0 44 1/9/22 1/9/30 1 2 6 TION 35 (WAR EXPENSES) 50 0 0 44 1/9/24 1/9/30 1 2 6 50 0 0 4 1/3/25 1/9/30 1 2 6 50 0 0 4i 1/9/25 1/9/30 1 2 6 50 0 0 4J 1/3/26 1/9/30 1 2 6 1,350 0 0 4A 1/9/26 1/9/30 30 7 6 1,350 0 0 4i 1/3/27 1/9/30 30 7 6 1,350 0 0 4J 1/9/27 1/9/30 30 7 6 1,550 0 0 4J 1/3/28 1/9/30 34 17 6 1,650 0 0 4i 1/9/28 1/9/30 37 2 6 1,700 0 0 4J 1/3/29 1/9/30 38 5 0 2,250 0 0 4J 1/9/29 1/9/30 50 12 6 2,750 0 0 44 1/3/30 1/9/30 61 17 6 4,600 0 0 44 1/9/30 1/9/30 103 10 0 700 0 0 6 1/2/31 1/8/31 21 0 0 46,350 0 0 6 1/8/31 1/8/31 1,390 10 0 13,000 0 0 44 1/5/31 1/11/31 292 10 0 13,000 0 0 44 1/11/31 1/11/31 292 10 0 8,000 0 0 44 1/6/31 1/12/31 180 0 0 8,000 0 0 44 1/12/31 1/12/31 180 0 0 10,000 0 0 44 1/2/31 1/2/32 19 14 5 10,000 0 0 44 1/8/31 1/2/32 225 0 0 10,000 0 0 44 1/2/32 1/2/32 225 0 0 3,000 0 0 44 1/9/31 1/3/32 67 10 0 3,000 0 0 44 1/3/32 1/3/32 62 2 9 21,000 0 0 5 1/5/31 1/11/32 525 0 0 21,000 0 0 5 1/11/31 1/11/32 525 0 0 5,000 0 0 5 1/6/31 1/12/32 125 0 0 5,000 0 0 5 1/12/31 1/12/32 125 0 0 34,400 0 0 5J 1/5/31 1/11/35 903 0 0 34,400 0 0 5| 1/11/31 1/11/35 903 0 0 19,600 0 0 5i 1/6/3) 1/12/35 514 10 0 19,600 0 0 5| 1/12/31 1/12/35 514 10 0 30,200 0 0 5J 1/2/31 1/2/36 63 17 3 30,200 0 0 5} 1/8/31 1/2/36 792 15 0 30,200 0 0 5J 1/2/32 1/2/36 792 15 0 350 0 0 54 1/2/31 1/2/36 9 12 6 * 20,000 0 0 54 1/8/31 1/2/36 550 0 0 20,000 0 0 54 1/2/32 1/2/36 550 0 0 28,700 0 0 54 1/3/31 1/9/37 525 12 10 1,129,200 0 0 54 1/9/31 1/9/37 31,053 0 0 1,043,600 0 0 54 1/3/32 1/9/37 28,699 0 0 50 0 0 44 1/3/24 1/9/41 1 2 6 50 0 0 4A 1/9/24 1/9/41 12 6 500 0 0 44 1/9/26 1/9/41 1] 5 0 450 0 0 44 1/3/27 1/9/41 10 2 6 450 0 0 44 1/9/27 1/9/41 10 2 6 450 0 0 44 1/3/28 1/9/41 10 2 6 450 0 0 44 1/9/28 1/9/41 10 2 6 450 0 0 44 1/3/29 1/9/41 10 2 6 450 0 0 44 1/9/29 1/9/41 10 2 6 550 0 0 44 1/3/30 1/9/41 12 7 6 1,650 0 0 44 1/9/30 1/9/41 37 2 6 9,850 0 0 44 1/3/31 1/9/41 221 12 6 701,750 0 0 44 1/9/31 1/9/41 15,789 7 6 679,300 0 0 44 1/3/32 1/9/41 15,284 5 0 51,600 0 0 4 1/9/31 1/9/51 37 9 1] 1,600 0 0 4 1/3/32 1/9/51 32 0 0 4,230,617 9 1 + 1/6/31 .. 105,226 0 8 ; 207,265 0 4 .. 207,265 0 4 FINANCE ACT, 1916, SEC- 950,000 0 0 4 1/8/31 1/8/33 19,000 0 0 TION 49 (PUBLIC WORKS) 950,000 0 0 4 1/2/32 1/8/33 19,000 0 0 38,000 0 0 .. 38,000 0 0 Finance ACT, 1917, SEC- 725,000 0 0 4 1/8/31 1/8/50 14,500 0 0 TION 77 (AID TO PUBLIC 725,000 0 0 4 1/2/32 1/8/50 14,500 0 0 WORKS) 29,000 0 0 .. 29,000 0 0 FINANCE ACT, 1918, SEC- 700 0 0 5|- 15/2/31 15/8/33 18 7 6 TION 10 (WAR EXPENSES) 12,700 0 0 5J 15/8/31 15/8/33 333 7 6 12,600 0 0 ō| 15/2/32 15/8/33 330 15 0 29,550 0 0 54 15/8/31 15/2/37 812 12 6 29,050 0 0 5| 15/2/32 15/2/37 798 17 6 2,006,900 0 0 4 1/4/31 1/4/49 40,138 0 0 2,006,900 0 0 4 1/10/31 1/4/49 40,138 0 0 5,894,660 5 9 + 1/6/31 .. 146,614 18 9 229,184 18 9 .. 229,184 18 9 Carried forward .. .. .. .. .. .. 1,298,608 3 9 202,046 0 4 1,096,562 3 5 t £4 19s. 5'88d. per cent.

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

22

I Gross Interest Net Interest Half-yearly Maturity Amount of | charged to P,eoovfir!ps ~ charged to Aaft» Principal. P d ug Date. Date. Interest. I Ordinary Revenue * Ordinary Revenue Cent. J Account. Account. £ s d i £ s. d. £ s. d. £ s. d. £ s. d. Brought forward.. I .. •• jl,298,608 3 9 202,046 0 4 1,096,562 3 5 Finance Act, 1918 (No. 2), 9,850 0 0 5| 15/8/31 15/2/37 270 17 6 Part IV (War Ex- 9,850 0 0 5J 15/2/32 15/2/37 270 17 6 penses) 300 0 0 4-1 20/10/27 20/4/39 6 15 0 300 0 0 4J 20/4/28 20/4/39 6 15 0 400 0 0 4i 20/10/28 20/4/39 9 0 0 400 0 0 4J 20/4/29 20/4/39 9 0 0 800 0 0 4J 20/10/29 20/4/39 18 0 0 1,000 0 0 4§ 20/4/30 20/4/39 22 10 0 4,900 0 0 4* 20/10/30 20/4/39 110 5 0 1,988,500 0 0 4i 20/4/31 20/4/39 44,741 5 0 1,972,000 0 0 44 20/10/31 20/4/39 44,370 0 0 10,000 0 0 4" 1/7/31 1/7/49 200 0 0 10,000 0 0 4 1/1/32 1/7/49 200 0 0 30,000 0 0 4i 1/7/31 1/7/49 273 14 0 ' 2 ' ' 90,508 19 0 .. 90,508 19 0 : iFenance Act, 1918 (No. 2), 1,000,000 0 0 5 i 16/1/32 ' 16/7/34 25,000 0 0 section 29 (Public 450,000 0 0 3| 1/8/31 1/2/50 92 9 3 Works) 1,375,000 0 0 3J 1/2/32 j 1/2/50 17,065 0 10 20,000 0 0 4 1/2/31 | 1/2/50 97 16 6 1,153,750 0 0 4 1/8/31 ! 1/2/50 4,366 11 4 153,750 0 0 4 1/2/32 , 1/2/50 2,479 2 2 2 875 000 0 0 * .. Various 54,337 19 8 ' ' 103,438 19 9 .. 103,438 19 9 Finance Act, 1918 (No. 2), 73,720 0 0 4 1/9/31 1/3/34 1,474 8 0 section 30 (Cold 73,720 0 0 4 1/3/32 ■ 1/3/34 1,474 8 0 Storage Advances 2 ,948 16 0 Account) Leas amount recovered from State Advances Office (Cold Storage Advances Account) — „ Year 1930-31 .. .. •• •• •• •• '770,0 o Or 02 4- 2 Year 1931-32 .. .. • • • ■ • • • ■ • • ? 70 12 2 Or. 92 4 i Finance Act, 1918 (No. 2), 125,000 0 0 3| J /3/32 Vf/®* section 31 (Discharged ! 296,200 0 0 4 J/9/31 8 Soldiers Settlement) | 96,200 0 0 4 1/3/32 1/3/51 0 0 225,000 0 0 * Various 2,185 2 1 6,738 7 11 6 738 7 11 Less amount recovered . • • • • • • • • • • * ' from Discharged Soldiers Settlement Account Finance ACT, 1919, SEC- 6,900 0 0 5| 15/8/31 15/2/37 189 15 0 HON 5 (PUBLIC WORKS) 6,900 0 0 5j 15/2/32 15/2/37 189 lo 0 61,350 0 0 4 1/7/31 1/7/49 1,138 15 3 56,000 0 0 4 1/1/32 1/7/49 1,120 0 0 500,000 0 0 4 1/8/31 1/2/50 10,000 0 0 500,000 0 0 4 1/3/32 1/2/50 10,000 0 0 # f FINANCE ACT, 1920, SEC- 1,700 0 0 4| W31 1/"V32 38 5 0 HON 15 (Electric- 1,700 0 0 4J 1/10/31 10/10/32 38 5 0 POWER WORKS) 18,020 0 0 5 1/4/31 1/10/32 450 10 0 power WORKS; 0 0 5 1/10/31 1/10/32 450 10 0 38,300 0 0 5J 15/8/31 15/8/33 1,005 7 6 38,300 0 0 5J 15/2/32 15/8/33 1,005 7 6 1,700 0 0 5J 1/2/31 1/2/36 46 15 0 96,650 0 0 5I 1/8/31 1/2/36 2,657 17 6 94,450 0 0 5| 1/2/32 1/2/36 2,597 7 6 , ' .. 8,290 5 0 Less amount recovered from Electric Supply Account 1 Carried forward •• 1,533,171 16 8 1220,115 ]3 5 1,313,056 3 3 * Treasury bills.

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

23

Gross Interest Net Interest _ . . . ® at „ e Half-yearly Maturity Amount of charged to Recoveries charged to Act. Principal. per Du0 jj a t e- Date. Interest. Ordinary Revenue Recover ea. Ordinary Revenue Account. Account. 1 ! £ s. d. £ S. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. 1,533,171 16 8 220,115 13 5 1,313,056 3 3 FINANCE ACT, 1920, SEC- 490,800 0 0 5 1/6/31 1/12/51 12,270 0 0 tion 15 (NAURU AND 490,800 0 0 5 1/12/31 1/12/51 12,206 15 1 Ocean Islands) 24,476 15 1 Less amount recovered .. .. ... •• •• 24,476 15 1 from Nauru and Ocean Islands Account Finance ACT, 1920, SEC- 2,400 0 0 5 1/6/31 5/10/31 60 0 0 TION 15 (PUBLIC WORKS) 2,400 0 0 5 1/12/31 5/10/31 41 8 5 2,000 0 0 5 1/6/31 5/1/32 50 0 0 2,000 0 0 5 1/12/31 5/1/32 50 0 0 I.220 0 0 5 1/6/31 4/2/32 30 10 0 l',220 0 0 5 1/12/31 4/2/32 30 10 0 100 0 0 5J 15/8/30 15/2/32 2 12 6 650 0 0 5-i 15/2/31 15/2/32 17 1 3 41,400 0 0 5J 15/8/31 15/2/32 1,086 15 0 41,350 0 0 5J 15/2/32 15/2/32 1,085 8 9 3,150 0 0 5 1/6/31 1/12/35 78 15 0 3,150 0 0 5 1/12/31 1/12/35 78 15 0 2,400 0 0 5 1/12/31 1/6/36 18.14 9 50,000 0 0 4 1/6/31 1/12/50 1,000 0 0 50,000 0 0 4 1/12/31 1/12/50 1,000 0 0 700,000 0 0 3f 1/12/31 1/12/51 5,434 18 7 1,399,240 0 0 4 1/6/31 1/12/51 20,642 6 1 699,240 0 0 4 1/12/31 1/12/51 13,349 3 7 2,050,000 0 0 * .. Various 44,463 16 11 88,520 15 10 .. 88,520 15 10 FINANCE ACT, 1921, SEC- 150,000 0 0 4 1/9/31 1/9/31 3,000 0 0 TION 10 (Public WORKS) 25,100 0 0 5£ 15/8/30 15/2/32 658 17 6 24,200 0 0 5J 15/2/31 15/2/32 635 5 0 150,000 0 0 4 1/3/32 1/9/51 3,000 0 0 7,294 2 6 .. 7,294 2 6 FINANCE ACT, 1921-22, 92,000 0 0 5 1/4/31 1/4/34 2,300 0 0 section 26 (SAMOAN 92,000 0 0 5 1/10/31 1/4/34 2,300 0 0 Loan) ' 4 > 600 0 0 t 4 > 600 0 0 Finance ACT, 1924, SEC- 830 0 0 5 1/7/31 11/1/31 1 2 9 tion 2 (Public Works) 250 0 0 5 1/7/31 1/1/35 6 5 0 250 0 0 5 .1/1/32 1/1/35 6 5 0 3,920 0 0 5 1/5/31 1/11/35 84 9 10 3,920 0 0 5 1/11/31 1/11/35 98 0 0 74,500 0 0 5| 1/8/31 1/2/36 2,048 15 0 53,000 0 0 5J 1/2/32 1/2/36 1,457 10 0 II,700 0 0 5J 15/8/31 15/2/37 321 15 0 11,700 0 0 5J 15/2/32 15/2/37 321 15 0 11,290 0 0 4 1/7/31 1/7/49 176 16 3 8,320 0 0 4 1 '1/32 1/7/49 166 8 0 4,689 1 10 .. 4,689 1 10 Finance ACT, 1925, SEC- 32,000 0 0 5 1/4/31 1/4/34 800 0 0 tion 4 (Samoan Loan) 32,000 0 0 5 1/10/31 1/4/34 800 0 0 x 600 0 0 -j. ! 000 0 0 FINANCE ACT, 1929, SEC- 5,500 0 0 5J 1/3/31 1/9/37 129 8 9 TION 2 (Public WORKS) 181,800 0 0 5| 1/9/31 .1/9/37 4,999 10 0 165,750 0 0 5J 1/3/32 1/9/37 4,558 2 6 9,687 13 .. 9,687 1 3 Finance Act, 1930 (No. 2), 3,000,000 0 0 5 16/1/32 16/7/34 75,000 0 0 75,000 0 0 .. 75,000 0 0 section 2 (Public Works) Finance ACT, 1930 (No. 2), 1,000,000 0 0 5 16/1/32 16/7/34 25,000 0 0 25,000 0 0 section 3 (Electricpower Works) Less amount recovered .. .. •• •• •• v u from Electric Supply Account Carried forward .. .. , 1,774,039 13 2 269,592 8 6 1,504,447 4 8 I I — * Treasury bills. j Interest is received on the amounts advanced to Samoa and credited to " Interest, On Other Public Moneys.

B. —1 [PT. ll].

PUBLIC ACCOUNTS, 1931-1 9 3 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

24

Gross Interest Net Interest „ . , , Half-yearly Maturity Amount of charged to RmmwotIm charged to Act. Principal. per Due Date. Date. Interest. Ordinary lie venue v * Ordinary lie venue kent. Account. Account. £ s d £ s. d. £ s. d. £ s. d. £ s. d. Brought forward.. .. .. A- .. . 1,774,039 13 2 269,592 8 6 1,504,447 4 8 Fishing Industry Promo- 520 0 0 4 1/6/31 1/12/33 10 8 0 tion Act, 1919 520 0 0 4 1/12/31 1/12/33 10 8 0 2,685 0 0 4i 1/6/31 1/12/33 60 8 3 2,685 0 0 44 1/12/31 1/12/33- 60-8 3 270 0 0 5 1/6/31 1/12/33 6 15 0 270 0 0 5 1/12/31 1/12/33 6 15 0 155 2 6 Less amount recovered from State Advances Office (Fishing Industry Promotion Account) Year 1930-31 .. .. .. .. •• •• •• Year 1931-32 .. .. .. .. .. • • •• 67 1 10 1 18 10 Forests ACT, 1921-22 .. 123,500 0 0 44 1/8/31 1/8/33 2,778 15 0 123,500 0 0 44 1/2/32 1/8/33 2,778 15 0 8,250 0 0 5J 15/8/31 15/8/33 216 11 3 8,250 0 0 5| 15/2/32 15/8/33 216 11 3 1,000 0 0 4J 1/8/31 1/2/34 22 10 0 1,000 0 0 44 1/2/32 1/2/34 22 10 0 27,000 0 0 4 1/8/31 1/8/50 540 0 0 27,000 0 0 4 1/2/32 1/8/50 540 0 0 7,115 12 6 Less amount recovered .. .. .. .. •• 7,115 12 6 from State Forests Account FORESTS ACT, 1921-22, SEC- 100 0 0 5J 15/2/31 15/8/33 2 12 6 TION 40, AND FINANCE 53,150 0 0 5J 15/8/31 15/8/33 1,395 3 9 ACT, 1924, section 16 49,650 0 0 5| 15/2/32 15/8/33 1,303 6 3 5,700 0 0 44 1/6/31 1/12/35 128 5 0 5,700 0 0 4J 1/12/31 1/12/35 128 5 0 20,400 0 0 5 1/6/31 1/12/35 510 0 0 20,400 0 0 5 1/12/31 1/12/35 510 0 0 — 3,977 12 6 Less amount recovered .. .. .. .. •• •• 3,977 12 6 from State Forests Account Forests ACT, 1921-22, AND 24,890 0 0 5 1/8/31 1/8/32 622 5 0 Finance ACT, 1926, SEC- 24,890 0 0 5 1/2/32 1/8/32 622 5 0 tion 6 400 0 0 5i 15/2/31 15/8/33 10 10 0 55,010 0 0 5i 15/8/31 15/8/33 1,444 0 3 54,560 0 0 5| 15/2/32 15/8/33 1,432 4 0 20,000 0 0 5-| 1/7/31 1/1/35 525 0 0 20,000 0 0 5i 1/1/32 1/1/35 525 0 0 300 0 0 54 15/8/30 15/2/37 8 3 6 8,300 0 0 54 15/2/31 15/2/37 228 5 0 159,750 0 0 5i 15/8/31 15/2/37 4,393 2 6 149,000 0 0 54 15/2/32 15/2/37 4,097 10 0 38,600 0 0 54 1/9/31 1/9/37 496 16 3 35,400 0 0 54 1/3/32 1/9/37 973 10 0 500 0 0 44 1/8/31 1/8/50 11 5 0 500 0 0 44 1/2/32 1/8/50 11 5 0 15,401 1 6 Less amount recovered .. .. .. •• •• 15,401 16 from State Forests Account Fruit-preserving Indus- 56,850 0 0 4 1/4/31 i 1/4/49 1,137 0 0 try Act, 1913, and 56,850 0 0 4 1/10/31 1/4/49 1,137 0 0 Finance Act, 1917, sec- , 2,274 0 0 tion 80 Less amount recovered from State Advances Office (Fruit - preserving Industry Advances Account) — Year 1930-31 .. .. .. •• •• •• •• ' 1 1 Year 1931-32 .. .. .. •• ■■ j - I ' 13b J 1 '/ Carried forward .. ... ..' I ., •• I ~ 1,802,963 2 2 298,513 18 8 1,504,449 3 6 I I J

B — 1 [PT. ll].

PUBLIC ACCOUNTS, 1931- 1 9 3 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

4—B. 1 "Pt. ll] .

25

—„ — — Gross Interest Net Interest Eate Half-vearly Maturity Amount of charged to Recoveries . charged to j Act. i Principal. per I)uc j) ate# Date. Interest. Ordinary Revenue ' Ordinary Revenue Cent. Account. Account. f „ (1 £ b. d. £ s. d. I £ s. s. £ s. d. Brought forward.. " 1,802,963 2 2 298,513 18 8 1,504,449 3 6 Government Railways Apt 1Q08 — Finance Act, 1909 .. 55,500 0 0 4 1/7/31 1/1/34 1.110 0 0 55,500 0 0 4i 1/1/32 1/1/34 1,110 0 0 1,000 0 0 4J 1/8/31 1/2/34 22 10 0 1,000 0 0 ' 1/2/32 1/2/34 22 10 0 q Q 6 Railways Improvement 19,900 0 0 6 J/Koo ran n !i Authorization Acts, 19,900 0 0 4 1/1/32 *>97 0 0 1904-7 193,600 0 0 4 1/7/31 1/1/34 3,872 0 0 1.3,«00 0 0 1/1/33 1/1/34 3,873 0 0 o Q Q Goteesment Railways 162,670 0 0 4 1/7/31 J/J 34 3,253 8 0 AMENDMENT ACT, 1910 162,670 0 0 4 1/1/32 J/j/Jl 3 ,253 4,160 0 0 4J 1/7/31 1/1/34 50 17 7 1,160 0 0 4J 1/1/32 1/1/34 26 2 0 3,000 0 0 4 1/7/31 1/1/49 37 9 7 3.000 0 0 4 1/1/32 1/1/49 60 0 0 6 681 g 2 .. 6>681 g 2 Hauraki PLAINS ACT, 1926 201,500 0 0 4 1/8/31 1/8/33 4,030 0 0 201,500 0 0 4 1/2/32 1/8/33 4,030 0 0 116,500 0 0 U 1/8/31 1/8/33 2,621 5 0 116,500 0 0 4J 1/2/32 1/8/33 2,621 5 0 50,000 0 0 31- 1/4/31 1/10/47 875 0 0 50,000 0 0 3i 1/10/31 1/10/47 875 0 0 10,000 0 0 3J 1/4/31 1/10/48 175 0 0 10,000 0 0 3i 1/10/31 1/10/48 175 0 0 25,000 0 0 3f 1/4/31 1/4/49 468 15 0 25,000 0 0 3J 1/10/31 1/4/49 468 15 0 222,000 0 0 4 1/8/31 1/2/50 4,440 0 0 222,000 0 0 4 1/2/32 1/2/50 4,440 0 0 144 000 0 0 4 1/8/31 1/8/50 2,880 0 0 144,000 0 0 4 1/2/32 1/8/50 2,880 0 0 6,000 0 0 4J 1/8/31 1/8/50 135 0 0 6,000 0 0 4| 1/2/32 1/8/50 135 0 0 24,000 0 0 4 1/9/31 1/3/51 462 18 1 24,000 0 0 4 1/3/32 1/3/51 480 0 0 ,S2i, UZ lo J 3,725 0 0 28,467 18 1 Less amount recovered from Hauraki Plains Settlement Account HOUSING ACT, 1919, SEO- 345,000 0 0 4 1/7/31 1/7/49 6,900 0 0 tion 30 345,000 0 0 4 1/1/32 1/7/49 6,900 0 0 10 520 0 0 U 1/7/31 1/7/49 236 14 0 17,790 0 0 4 1/1/32 1/7/49 236 14 0 37,300 0 0 4 1/7/31 1/7/50 746 0 0 37,300 0 0 4 1/1/32 1/7/50 746 0 0 15,765 8 0 Less amount recovered from State Advances Office (Housing Account)— 7,882 14 0 Year 1930-31 .. •• .... •• 12 4 159 1 8 Year 1931-32 HOUSING ACT, 1919, SEC- 3,975 0 0 4 1/7/31 1/1/49 79 10 0 tion 46 (LOANS TO EM- 3,975 0 0 4 1/1/32 1/1/49 79 10 0 m Q () PLOYERS FOB WoBKERS' Dwellings Account) Less amount recovered from State Advances Office (Loans to Employers for Workers' Dwellings Account) — jj 16 7 Year 1930-31 .. •■ •• • ■ • • '' '' 39 4 11 0 18 6 Year 1931-32 .. .. •• •• •• " . „ . , , , . 1,868,964 13 5 318,003 6 6 1,550,961 6 11 Carried forward ..

B.—l [FT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

26

Rate „ „ , Gross Interest I Net Interest *ct. Principal. per Ha'f.yeariy Maturity Amount of charged to Recoveries ' charged to Cent. Date. Date. Interest. Ordinary Revenue recoveries. . ordinary Revenue _ ' Account. Account. ,, ,,, £ s. d. £ s. d. £ 8 . d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 1,868,964 13 5 318,003 6 6 1,550,961 6 11 Htttt Railway and Road 10,000 0 0 4 1/7/31 1/1/34 200 0 0 Improvement Acts, 1903, 10,000 0 0 .4 1/1/32 1/1/34 200 0 0 1905, 1907, and 1910 1,700 0 0 44 1/7/31 1/1/34 38 5 0 1,700 0 0 4J 1/1/32 1/1/34 38 5 0 293,380 0 0 4 1/5/31 1/5/50 5,867 12 0 293,380 0 0 4 1/11/31 1/5/50 5,867 12 0 12,211 ]4 0 .. 12,211 14 0 Irrigation and Water- 40,100 0 0 4 1/4/31 1/10/49 802 0 0 SUPPLY Act, 1913 40,100 0 0 4 1/10/31 1/10/49 802 0 0 59,900 0 0 4 1/5/31 1/11/50 1,198 0 0 59,900 0 0 4 1/11/31 1/11/50 1,198 0 0 4,000 0 0 .. 4,000 0 0 Kauri-gum Industry 50,000 0 0 4 1/5/31 1/5/50 649 17 3 Amendment Act, 1914 32,000 0 0 4 1/11/31 1/5/50 640 0 0 1,289 17 3 .. 1,289 17 3 Kauri-gum Industry 25,000 0 0 4 1/5/31 1/5/50 500 0 0 Amendment Act, 1914, 25,000 0 0 4 1/11/31 1/5/50 500 0 0 and Appropriation Act, ' 1 000 0 0 .. ], 000 0 0 1918, section 45 ' Land and Income Tax .. .. .. .. okfc 19 a 1Q , ACT, 1923, section 134, " 265 12 4 .. 265 12 4 and Land and Income Tax Amendment Act, 1925, section 6 Land for Settlements 7,600 0 0 6 1/7/31 1/1/32 228 0 0 Act, 1908 7,600 0 0 6 1/1/32 1/1/32 228 0 0 5,700 0 0 6 1/8/31 1/2/32 171 0 0 5,700 0 0 6 1/2/32 1/2/32 171 0 0 4,000 0 0 54 1/7/31 1/1/33 110 0 0 4,000 0 0 54 1/1/32 1/1/33 110 0 0 5,500 0 0 54 1/8/31 1/2/33 151 5 0 4,500 0 0 54 1/2/32 1/2/33 123 15 0 33,740 9 5 * 1/6/31 .. 839 4 2 2 132 4 2 Less amount recovered .. .. .. .. ' o 1 qo a o from Land for Settlements Account Land for Settlements 100,000 0 0 34 1/2/32 1/2/32 901 7 3 a °T, 1925 841,066 0 0 4 1/9/31 1/3/32 16,465 2 11 741,066 0 0 4 1/3/32 1/3/32 13,680 2 3 13,000 0 0 5i 1/9/31 1/3/32 328 1 4 10,180 0 0 5-1 1/3/32 1/3/32 267 4 6 180,000 0 0 44 1/4/31 1/4/33 4,050 0 0 180,000 0 0 44 1/10/31 1/4/33 3,262 3 8 2,000 0 0 5i 15/2/31 15/8/33 52 10 0 8,200 0 0 5i 15/8/31 15/8/33 192 3 3 5,200 0 0 5i 15/2/32 15/8/33 136 10 0 800 0 0 44 30/9/31 30/9/33 14 18 4 400 0 0 44 31/3/32 30/9/33 9 0 0 1,009,160 0 0 4 1/7/31 1/1/34 20,183 4 0 1,009,160 0 0 4 1/1/32 1/1/34 17,765 3 10 345,175 0 0 44 1/7/31 1/1/34 7,766 8 9 345,175 0 0 44 1/1/32 1/1/34 3,922 0 11 141,100 0 0 44 1/8/31 1/2/34 3,171 7 3 135,000 0 0 44 1/2/32 1/2/34 3,037 10 0 244,800 0 0 44 1/9/31 1/3/34 5,508 0 0 244,800 0 0 44 1/3/32 1/3/34 2,419 12 8 147,100 0 0 4| 1/4/31 1/4/34 3,309 15 0 147,100 0 0 44 1/10/31 1/4/34 3,309 15 0 37,000 0 0 5 15/3/31 15/3/35 925 0 0 37,000 0 0 5 15/9/31 15/3/35 925 0 0 6,000 0 0 5 15/3/32 15/3/35 150 0 0 12,380 0 0 5 1/6/31 1/6/35 309 10 0 12,380 0 0 5 1/12/31 1/6/35 256 2 4 53,600 0 0 5i 1/2/32 1/8/36 1,241 4 11 1,500 0 0 54 15/8/31 15/2/37 38 8 9 11,250 0 0 54 15/2/31 15/2/37 309 7 6 Carried forward .. .. .. .. 113,906 14 5 1,889,864 1 2 320,135 10 8 1,569,728 10 6 * 1 I * £4 19s. 5-88d. per cent,

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931 - 1 9 32.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

27

Gross Interest Net Interest Rate Half . yearIy Maturity Amount of charged to Recoveries „ charged to Act. Principal. per Due Date _ Date . Interest. Ordinary Revenue Jteu>v«rira. Ordinary Revenue Oent. Account. Account. £ s d £ s. d. £ s. d. £ s. d. £ s. d. Brought forward.. .. .. •• •• 113,906 14 3 1,889,864 1 2 320,135 10 8 1,569,728 10 6 Land foe Settlements 140,950 0 0 5| 15/8/31 15/2/37 3,876 2 6 Act, 1925 —continued. 127,350 0 0 5J 15/2/32 15/2/37 3,502 2 6 7,600 0 0 5 1/9/31 1/9/37 17 19 11 54,450 0 0 5 1/3/32 1/9/37 554 18 6 7,000 0 0 5J 1/3/31 1/9/37 156 8 1 50,200 0 0 5i 1/9/31 1/9/37 1,264 4 6 43,900 0 0 5i 1/3/32 1/9/37 1,207 5" 0 100,000 0 0 3J 1/1/32 1/1/49 86 6 0 100,000 0 0 3i 1/7/32 1/1/49 431 10 1 66,000 0 0 4 1/7/31 1/1/49 1,301 7 5 66,000 0 0 4 1/1/32 1/1/49 626 17 0 12,750 0 0 4i 1/7/31 1/1/49 286 17 6 12,750 0 0 1/1/32 1/1/49 102 2 2 1,378,250 0 0 4 1/4/31 1/4/49 27,563 0 0 1,378,250 0 0 4 1/10/31 1/4/49 27,563 0 0 3,000 0 0 4 1/8/31 1/2/50 56 4 4 3,000 0 0 4 1/2/32 1/2/50 60 0 0 125,000 0 0 2 1/3/32 1/9/51 95 17 10 125,000 0 0 Si 1/3/32 1/9/51 1,821 18 2 40,000 0 0 3f 1/3/32 1/9/51 574 6 4 25,000 0 0 3| 1/9/32 1/9/51 33 7 9 185,088 10 0 Less amount recovered .. .. •• •• •• 185,088 10 0 from Land for Settlements Account Lands Improvement and 400,000 0 0 4 1/8/31 i 1/2/50 8,000 0 0 Native Land Acquisi- 400,000 0 0 4 1/2/32 1/2/50 8,000 0 0 tion ACT, 1894 16 >°°0 0 0 .. 16,000 0 0 LOCAL BODIES'LOANS ACT, 1,870,000 0 0 4 1/8/31 1/2/50 37,400 0 0 1908 1,870,000 0 0 4 1/2/32 1/2/50 37,400 0 0 Q Q 74(800 Q 0 LOCAL BODIES'LOANS ACT, 250,225 0 0 4 1/9/31 1/9/51 5,004 10 0 1908, AND Government 250,225 0 0 4 1/3/32 1/9/51 5,004 10 0 Loans to Local Bodies' 10 > 009 0 0 •• J0 ' 009 0 0 Act, 1886 MAIN Highways Act, 1922 17,050 0 0 5 1/4/31 1/4/31 426 5 0 100,000 0 0 4 1/6/31 1/6/31 2,000 0 0 50,000 0 0 4J 1/6/31 1/6/31 1,125 0 0 33,450 0 0 5J 15/8/31 15/8/33 878 1 3 33,450 0 0 5£ 15/2/32 15/8/33 878 1 3 21,550 0 0 5J 1/4/31 1/4/34 565 13 9 21,550 0 0 5J 1/10/31 1/4/34 565 13 9 4,450 0 0 5 1/5/31 1/5/34 111 5 0 4,450 0 0 5 1/11/31 1/5/34 111 5 0 4,250 0 0 4| 1/4/31 1/4/35 95 12 6 4,250 0 0 4J 1/10/31 1/4/35 95 12 6 17,050 0 0 5 1/10/31 1/4/36 426 5 0 9,550 0 0 5J 15/8/31 15/2/37 244 14 10 9,550 0 0 5$ 15/2/32 15/2/37 244 13 11 1,450 0 0 5i 15/2/31 15/2/37 39 17 6 131,250 0 0 5| 15/8/31 15/2/37 3,609 7 6 127,750 0 0 5| 15/2/32 15/2/37 3,513 2 6 100,050 0 0 5| 1/9/31 1/9/37 2,109 14 6 93,400 0 0 5J 1/3/32 1/9/37 2,568 10 0 100,000 0 0 4 1/12/31 1/6/51 2,000 0 0 50,000 0 0 44 1/12/31 1/6/51 1,125 0 0 1 1 1 22,733 15 9 Less amount recovered .. .. .. •• •• •• 22,733 15 9 from Main Highways Account (Kevenue Fund) Maori Land Settlement 181,675 0 0 4 1/8/31 1/2/50 3,633 10 0 Act, 1905 181,675 0 0 4 1/2/32 1/2/50 3,633 10 0 q q . Q Q Maori Land Settlement 50,000 0 0 4 1/8/31 1/2/50 1,000 0 0 Act Amendment Act, 50,000 0 0 4 1/2/32 1/2/50 1,000 0 0 of|f) 1907 9 Carried forward •• 2,207,762 6 11 527,957 16 5 1,679,804 10 6

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931 - 1 9 32.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

28

Gross Interest Net Interest „ . . , „ Half-yearly Maturity Amount of charged to Poivweripq charged to Act ' Principal. per Duo Date. Date. Interest. Ordinary Revenue ' ' Ordinary .Revenue <cnt ' Account. Account. £ s cl £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. •• 2,207,762 6 X1 527,957 16 5 1,679,804 10 6 Mining Amendment Act, 11,500 0 0 4 1/5/31 1/5/50 230 0 0 1913 11,500 0 0 4 1/11/31 1/5/50 230 0 0 — 460 0 0 .. 460 0 0 Mining Amendment Act, 12,000 0 0 4 1/5/31 1/5/31 240 0 0 1913, and Amendment 6,490 0 0 4| 1/5/31 1/5/31 146 0 6 Act, 1919 13,000 0 0 4 1/11/31 1/5/50 260 0 0 5,490 0 0 4i 1/11/31 1/5/50 123 10 6 769 11 0 .. 769 11 0 Native Land Amendment 261,000 0 0 4 1/4/31 1/4/31 5,220 0 0 [ Act, 1913 112,600 0 0 4| 1/4/31 1/4/31 2,531 15 3 I 13,350 0 0 4$ 1/5/31 1/5/32 4 18 9 13,350 0 0 4} 1/11/31 1/5/32 300 7 6 7,200 0 0 5 1/5/31 1/5/33 2 19 2 7,200 0 0 5 1/11/31 1/5/33 180 0 0 100,000 0 0 5| 15/8/31 15/8/33 2,625 0 0 100,000 0 0 5J 15/2/32 15/8/33 2,625 0 0 940,000 0 0 4 1/4/31 1/4/34 18,800 0 0 940,000 0 0 4 1/10/31 1/4/34 18,800 0 0 181,500 0 0 4i 1/4/30 1/4/34 3,893 19 6 116,000 0 0 4-| 1/10/30 1/4/34 2,610 0 0 35,600 0 0 5-i 1/5/31 1/5/36 15 7 3 35,600 0 0 5-i 1/11/31 1/5/36 934 10 0 11,000 0 0 5J 1/9/31 1/9/37 209 15 6 10,550 0 0 5J 1/3/32 1/9/37 290 2 6 3,000 0 0 4J 5/6/31 5/12/37 67 10 0 3,000 0 0 4A 5/12/31 5/12/37 67 10 0 45,000 0 0 4 1/7/31 1/1/49 735 5 8 35,500 0 0 4 1/1/32 1/1/49 710 0 0 922,000 0 0 4 1/4/31 1/4/49 17,284 12 2 1,295,000 0 0 4 1/10/31 1/4/49 25,900 0 0 103,808 13 3 Less amount recovered .. .. .. •• 30,233 0 0 73,575 13 3 from Native Land Settlement Account I I, ■; " V'V ,A M vf - - . T ■ jj NATIVE LAND Purchase 125,000 0 0 4 30/4/31 31/10/32 2,500 0 0 ACT, 1892 125,000 0 0 4 31/10/31 31/10/32 2,500 0 0 5,000 0 0 .. 5,000 0 0 NAVAL DEFENCE ACT, 1909 591,625 6 2 * 1/6/30 .. 14,715 4 0 14,715 4 0 .. 14,715 4 0 NEW ZEALAND LOANS ACT, 13,000 0 0 4 1/4/31 1/4/49 260 0 0 1908, AND Consolidated 13,000 0 0 4 1/10/31 1/4/49 260 0 0 Loan Act, 1867 520 0 0 .. 520 0 0 New Zealand Loans Act, 1908 : — Consolidated Stock Act, 744,700 0 0 4 1/8/31 1/2/34 14,894 0 0 1884 744,700 0 0 4 1/2/32 1/2/34 14,894 0 0 29,788 0 0 .. 29,788 0 0 Defence and other Pur- 100,000 0 0 4 1/8/31 1/2/50 2,000 0 0 poses Loan Act, 1870 100,000 0 0 4 1/2/32 1/2/50 2,000 0 0 ; —- 4,000 0 0 .. 4,000 0 0 General Purposes Loan 60,700 0 0 4 1/5/31 1/11/50 1,214 0 0 Act, 1873 60,700 0 0 4 1/11/31 1/11/50 1,214 0 0 2,428 0 0 .. 2,428 0 0 Immigration and Public 27,900 0 0 4 1/8/31 1/2/50 558 0 0 Works Loan Act, 1870 27,900 0 0 4 1/2/32 1/2/50 558 0 0 1,116 0 0 .. 1,116 0 0 Carried forward .. .. .. .. .. .. 2,370,367 15 2 558,190 16 5 1,812,176 18 9 * £4 19s, 5-88d. per cent.

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

29

, Gross Interest Net Interest . A t. • • , * Hall-yearly Maturity Amount of charged to t!qd charged to Act * Principal. per u Qe j) a t e _ Date. Interest. Ordinary Revenue • Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. 2,370,367 15 2 558,190 16 5 1,812,176 18 9 New Zealand Loans Aot, 1908—continued. New Zealand Consoli- 17,176,532 0 0 3£ 1/7/31 1/1/40 300,589 6 2 dated Stock (London 17,176,532 0 0 3J 1/1/32 1/1/40 300,589 6 2 Issue) 500 0 0 3 1/10/30 1/4/45 7 10 0 2,500 0 0 3 1/4/31 1/4/45 37 10 0 9,659,980 1 1 3 1/10/32 1/4/45 144,899 14 0 6,770,88410 0 3 1/4/32 1/4/45 101,563 5 4 10,884,628 0 0 4 1/8/31 1/2/63 217,692 11 1 10,884,628 0 0 4 1/2/32 1/2/63 217,692 11 1 1,283,071 13 10 Less — Amount recovered from Land for Settlements Account — £ s. d. On 3-per-cent. Stock, 1945 .. .. 2,074 18 10 On 4-per-cent. Stock, 1943-63 .. .. 34,346 0 8 On 3J-per-cent. Stock, 1940 .. .. 35,610 1 2 On 3|-per-cent. Stock, 1940 (Cheviot Estate) 5,632 2 6 77,663 3 2 Amount recovered from State Advances Office— On £3,008,728 13s. 7d. 3-per-cent. 1945 Stock, 1 year to 1 April, 1932 — Settlers Branch (£3,001,582 10s. 2d.) .. 90,047 9 6 Workers Branch (£2,382 Is. 2d.) .... 71 9 4 Local Authorities Branch (£4,764 2s. 3d.) .. 142 18 8 On £1,032,365 3J-per-cent. 1940 Stock, 1 year to 1 Jan., 1932— Settlers Branch (£881,848) .. .. 30,864 12 10 Workers Branch (£147,184) .. .. 5,151 8 10 Local Authorities Branch (£3,333) .. 116 13 0 On £2,834,521 4 - per - cent. 1943-63 Stock, 1 year to 1 Feb., 1932— Settlers Branch (£1,426,188) .. .. 57,047 10 2 Workers Branch (£410,000) .. .. 16,400 0 0 Local Authorities Branch (£998,333) .. 39,933 6 8 239,775 9 0 Amount recovered from State Coal-mines Account— On 3J-per-cent. 1940 Stock .. .. 14 11 8 On 4-per-cent. 1943-63 Stock .. .. 2,066 13 4 2,081 5 0 .. 319,519 17 2 963,551 16 8 New Zealand Consolidated Stock, 1933-43,— Aid to Public Works and 3,000,000 0 0 4 1/7/31 1/1/43 60,000 0 0 Land Settlement Act, 3,000,000 0 0 4 1/1/32 1/1/43 60,000 0 0 1922 120,000 0 0 New Zealand Stateguaranteed Advances Acts, 1909-10 — Land for Settle- 210,000 0 0 4 J/7/31 1/1/43 4,200 0 0 ments Branch 210,000 0 0 4 1/1/32 1/1/43 4,200 0 0 8,400 0 0 Advances to Settlers 40,000 0 0 4 1/7/31 1/1/43 800 0 0 Branch 40,000 0 0 4 1/1/32 1/1/43 800 0 0 1,600 0 0 Advances to Work- 750,000 0 0 4 1/7/31 1/1/43 15,000 0 0 ers Branch 750,000 0 0 4 1/1/32 1/1/43 15,000 0 0 30,000 0 0 160,000 0 0 Less amount recovered, — From State Advances Office — New Zealand State-guaranteed Advances Acts, 1909-10— Advances to Settlers Branch .. .. .. .. 1,600 0 0 Advances to Workers Branch .. .. .. .. 30,000 0 0 From Land for Settlements Account — New Zealand State-guaranteed Advances Acts, 1909-10— Land for Settlements .. .. .. .. .. 8,400 0 0 .. 40,000 0 0 120,000 0 0 Carried forward .. i .. .. .. j .. .. 3,813,439 9 0 917,710 13 7 2,895,728 15 5

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest —continued.

30

„ , I Gross Interest Net Interest , t Prinfi.ial nerHalf-yearly Maturity Amount ol charged to Recoveries charged to Principal. per [ Juf; ]) a t e< Date. Interest. Ordinary Revenue ' Ordinary Revenue u ' m - Account. Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. ■> .. .. .. 3,813,439 9 0 917,710 13 7 2,895,728 15 5 New Zealand Loans Act, 1908—continued. New Zealand Consolidated Stock, 1944,— Aid to Public Works 324,851 10 6 4£ 1/9/31 1/3/44 7,309 3 2 and Land Settlement 324,851 10 6 4| 1/3/32 1/3/44 7,309 3 2 Act, 1922 14,618 6 4 Education Purposes 250,000 0 0 4-| 1/9/31 1/3/44 5,625 0 0 Loans Act, 1919 250,000 0 0 4J 1/3/32 1/3/44 5,625 0 0 11,250 0 0 Finance Act, 1923, sec- 3,211,599 15 9 U 1/9/31 1/3/44 72,260 19 11 tion2 (Public Works) 3,211,599 15 9 4| 1/3/32 1/3/44 72,260 19 11 144,521 19 10 Native Land Amend- 200,000 0 0 4| 1/9/31 1/3/44 4,500 0 0 ment Act, 1913 200,000 0 0 1/3/32 1/3/44 4,500 0 0 9,000 0 0 New Zealand Stateguaranteed Advances Acts, 1909-10— Land for Settlements 22,739 12 3 4A 1/9/31 1/3/44 511 12 10 Branch 22,739 12 3 41 1/3/32 1/3/44 511 12 10 1,023 5 8 Advances to Settlers 4,331 7 0 4| 1/9/31 1/3/44 97 9 1 Branch 4,331 7 0 4J 1/3/32 1/3/44 97 9 1 194 18 2 Advances to Workers 81,212 17 7 4-| 1/9/31 1/3/44 1,827 5 10 Branch 81,212 17 7 4£ 1/3/32 1/3/44 1,827 5 10 3,654 11 8 State Advances Act, 19X3 — Advances to Settlers 1,603,132 8 6 4J 1/9/31 1/3/44 36,070 9 7 Branch 1,603,132 8 6 4J 1/3/32 1/3/44 36,070 9 7 72,140 19 2 Advances to Workers 1,603,132 8 5 4£ 1/9/31 1/3/44 36,070 9 7 Branch 1,603,132 8 5 4| 1/3/32 1/3/44 36,070 9 7 72,140 19 2 Swamp Drainage Act, 50,000 0 0 4-1 1/9/31 1/3/44 1,125 0 0 1915, and Appropria- 50,000 0 0 4| 1/3/32 1/3/44 1,125 0 0 tion Act, 1918, sec- — tion 46 2,250 0 0 330,795 0 0 Less amount recovered from State Advances Office— New Zealand State-guaranteed Advances Acts, 1909-10— Advances to Settlers .. .. .. .. .. 194 18 2 Advances to Workers .. .. .. .. .. 3,654 11 8 State Advances Act, 1913— Advances to Settlers .. .. .. .. .. 72,140 19 2 Advances to Workers .. .. .. .. .. 72,140 19 2 Less amount recovered from Land for Settlements Account— New Zealand State-guaranteed Advances Acts, 1909-10 — Land for Settlements .. .. .. .. .. 1,023 5 8 .. 149,154 13 10 181,640 6 2 Carried forward .. .. .. .. I •• .. 4,144,234 9 0 1,066,865 7 5 3,077,369 1 7

B.—l [PT. IT].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest—continued.

31

Act Principal Hall-yearly Maturity Amount ol „ P Cent. D *> Date. Date. Interest. Ordinary Eevenue Recoveries. Ordinary Kevenue Account. Account. „ ,,., £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 4,144,234 9 0 1,066,865 7 5 3,077,369 1 7 New Zealand Loans Act, 1908— continued. New Zealand Consolidated Stock, 1945,— Aid to Public Works 1,084,009 1 9 4| 1/9/31 1/3/45 24,390 4 1 and Land Settlement 1,084,009 1 9 4A 1/3/32 1/3/45 24,390 4 1 Act, 1922 ' »//■_.// 48,780 8 2 Electric-power Works 542,004 10 10 | 4J 1/9/31 1/3/45 12,195 2 1 Loan Act, 1919 542,004 10 10 4£ 1/3/32 1/3/45 12,195 2 1 24,390 4 2 Finance Act, 1923, sec- 1,084,009 1 9 4J 1/9/31 1/3/45 24,390 4 1 tion 2 (PublicWorks) 1,084,009 1 9 4f 1/3/32 j 1/3/45 24,390 4 1 48,780 8 2 Finance Act, 1924, sec- 1,626,013 12 6 4| 1/9/31 1/3/45 36,585 5 11 tion 2 (Public Works) 1,626,013 12 6 4J 1/3/32 1/3/45 36,585 5 11 73,170 11 10 Main Highways Act, 542,004 10 10 4J 1/9/31 1/3/45 12,195 2 1 1922 542,004 10 10 4| 1/3/32 1/3/45 12,195 2 1 24,390 4 2 Railways Improvement 542,004 10 10 4| 1/9/31 1/3/45 12,195 2 1 Authorization Act, 542,004 10 10 4| 1/3/32 1/3/45 12,195 2 1 1914 24,390 4 2 I State Advances Act, 1913— Advances to Settlers 1,084,009 1 8 4J 1/9/31 1/3/45 24 390 4 1 Branch 1,084,009 1 8 4| 1/3/32 1/3/45 24,390 4 1 48,780 8 2 Advances to Workers 1,084,009 1 8 4| 1/9/31 1/3/45 24 390 4 1 Branch 1,084,009 1 8 4J 1/3/32 1/3/45 24,390 4 1 48,780 8 2 ■ 341,462 17 0 Less amount recovered from—■ Electric Supply Account (Electric-power Works Loan Act, 1919) 24,390 4 2 Main Highways Account Revenue Fund (Main Highways Act, 1922) 24,390 4 2 State Advances Office— State Advances Act, 1913— Advances to Settlers .. .. .. .. .. 48,780 8 2 Advances to Workers .. .. .. .. .. 48 780 8 2 at r, , j „ ,., „ ■• 146,341 4 8 195,121 12 4 New Zealand Consolidated ' Stock, 1935-45,— Aid to Public Works 30,083 6 8 5 1/7/31 1/7/45 752 1 8 and Land Settlement 30,083 6 8 5 1/1/32 1/7/45 752 1 8 Act, 1902 ' 1,504 3 4 Aid to Public Works 2,861,553 6 8 5 1/7/31 1/7/45 71,538 16 8 and Land Settlement 2,861,553 6 8 5 1/1/32 1/7/45 71,538 16 8 Act, 1921 143,077 13 4 Discharged Soldiers 255,495 16 8 5 1/7/31 1/7/45 6,387 7 11 Settlement Loans 255,495 16 8 5 1/1/32 1/7/45 6 387 7 11 Act, 1920 ' 12,774 15 10 Education Purposes 510,991 13 3 5 1/7/31 1/7/45 12,774 15 10 Loans Act, 1919 510,99113 3 5 1/1/32 1/7/45 12,774 15 10 25,549 11 8 Carried forward .. .. .. .. .. .. 4,485,697 6 0 1,213,206 12 1 3,272,49013 11

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

32

— — — • — ~~ Gross Interest Interest Principal. «' <«^C» f d £ s. d. £ s. d. ' £ £ s " d " ' ' 4,485,697 6 0 1,213,206 12 1 3,272,490 13 11 Brought forward New Zealand Loans Act, 1908 —continued. New Zealand Consolidated Stock, 1935—45 ctd. /D1 , /7 /. ~ <n nnA iin Electric-power Works 510,991 13 4 o ,(,■/- 12774 15 10 Loan Act, 1919 510,991 13 4 5 1/1/32 1/7/45 12,774 lo 10 25,549 11 8 F. ra „A 0l , M -22 » 5 wg ■ 5:Igl i§ I 10,219 16 8 Native Land Amend- 255,495 16 9 5 J/|/31 r's87 7 II ment Act, 1913 255,495 16 9 5 1/1/32 1/7/45 6,387 7 11 ry 1 J T 12,774 15 10 New Zealand Loans Act, 1908— Public Works Fund . „, 01 i in iak 195 nno 0 0 General Purposes 5,000,000 0 0 5 1/7/31 1/7/45 125,000 0 0 Account 5,000,000 0 0 5 1/1/32 1/7/45 12o,000 0 0 250,000 0 0 — W !ct,wT L °!" S:S 13 3 5 1/7/32 1/7/45 1 \%\ īg īo 25,549 11 8 I 507,000 0 0 Less amount recovered from ,. < ;■> n*i a ia Discharged Soldiers Settlement Account (Discharged Soldiers 12,774 15 1U Settlement Loans Act, 1920) 9 k iuq 11 » Electric Supply Account (Electric-power Works Loan Act, 1919) *5,549 II State Forests Account (Forests Act, 1921-22) .. •• 48,544 4 2 458,455 15 10 I New Zealand Consolidated Electric-power Works 2,066,661 6 2 5 1/7/31 1/1/46 51,666 10 8 Loan Act, 1919 2,066,661 6 2 5 1/1/32 1/1/46 51,666 10 8 103,333 1 4 Finance Act, 1920, sec- 500,000 0 0 5 1/7/31 1/1/46 12,500 0 0 tion 15 (Public Works) 500,000 0 0 5 1/1/32 1/1/46 12,500 25,000 0 0 Finance Act, 1925, sec 4,151,450 10 2 5 1/7/31 1/1/46 103,786 5 3 tion 2 (Public Works) 4,151,450 10 2 5 1/1/32 1/1/46 103,786 207,572 10 6 Finance Act, 1926, sec- 3,597,270 9 10 5 1/7/31 1/1/46 89,93115 3 tion 2 (Public Works) 3,597,270 9 10 5 1/1/32 J/1/46 89,931 15 179,863 10 6 Railways Improvement 934,076 7 4 5 1/1/46 H'lsi 18 2 Authorization Act, 934,076 7 4 5 1/1/32 1/1/46 23,351 18 2 1914 46,703 16 4 Railways Improvement 1,644,466 10 3 5 Vn/% 41'liJ 13 3 Authorization Act, 1,644,466 10 3 5 1/1/32 1/1/46 41,111 13 3 1914, and Finance 9 „ „ fi Act, 1926, section 3 - ' 044 ggg g 2 . , i ,ui i • ' 103,333 1 4 541,363 3 10 Less amount recovered from Electric Supply Account (Electricpower Works Loan Act, 1919) ,1 I 5,637,393 11 2 1,365,083 17 7 4,272,309 13 7 Carried forward

B.—l [Ft. II 1 .

PUBLIC ACCOUNTS, 19 3 1 -19 32.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

s—B.5 —B. 1 |PT. ll] .

33

Gross Interest Net Interest . , n . .. Half-yearly Maturity Amount of charged to Rppnv#»rip« charged to Principal. per Due Dafce< Date. Interest. Ordinary Revenue -Recoveries. Ordinary Revenue enC * Account. Account. £ s. d. £ s. d. £ a. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 5,637,393 11 2 1,365,083 17 7 4,272,309 13 7 New Zealand Loans Act, 1908 —continued. New Zealand Consolidated Stock, 1947,— Bleetric-powei Works 1,081,909 7 2 H 1/5/31 1/11/47 24,342 19 2 Loan Act, 1919 1,081,909 7 2 44 1/11/31 1/11/47 24,342 19 2 48,685 18 4 Finance Act, 1926, sec- 1,622,S64 0 9 4J 1/5/31 1/11/47 36,514 8 9 tion 2 (Public Works) 1,622,864 0 9 4J 1/11/31 1/11/47 36,514 8 9 73,028 17 6 Finance Act, 1927 (No. 1,622,864 0 9 44 1/5/31 1/11/47 36,514 8 9 2), section 2 (Public 1,622,864 0 9 44 1/11/31 1/11/47 36,514 8 9 Works) — 73,028 17 6 New Zealand Loans Act, 1908— Ordinary Revenue 590,453 4 2 44 1/5/31 1/11/47 13,285 3 11 Account—Miscel- 590,453 4 2 44 1/11/31 1/11/47 13,285 3 11 laneous 26,570 7 10 Public Works Fund— 5,256,348 7 9 44 1/5/31 1/11/47 118,267 16 11 General Purposes 5,256,348 7 9 44 1/11/31 1/11/47 118,267 16 11 Account 236,535 13 10 Railways Improvement 1,081,909 0 0 44 1/5/31 1/11/47 24,342 19 2 Authorization Act, 1,081,909 0 0 44 1/11/31 1/11/47 24,342 19 2 1914, and Finance Act, 1927 (No. 2), 48,685 18 4 section 3 506,535 13 4 Less amount recovered from — Electric Supply Account — lc „ Electric-power Works Loan Act, 1919 .. .. .. •• 48,685 18 4 457,849 15 0 Sbm j Ba ■ «31 Brat B .? iixxlE, \ H . . .»• 81113 ia ■ .. BSfiajpHHT ; New Zealand Consolidated Stock, 1949,— Education Purposes 210,000 0 0 5 15/6/31 15/12/49 5,250 0 0 Loans Act, 1919, and 210,000 0 0 5 15/12/31 15/12/49 5,250 0 0 Finance Act, 1927 (No. 2), section 4 10,500 0 0 I Finance Act, 1915, sec- 100,000 0 0 5 15/6/31 15/12/49 2,500 0 0 tion 105 (Public 100,000 0 0 5 15/12/31 15/12/49 2,500 0 0 Works) 5,000 0 0 Finance Act, 1920, sec- 592,566 7 4 5 15/6/31 15/12/49 14,814 3 2 tion 15 (Electric- | 592,566 7 4 5 15/12/31 15/12/49 14,814 3 2 power Works) 29,628 6 4 | Finance Act, 1920, sec- 150,000 0 0 5 15/6/31 15/12/49 3,750 0 0 tion 15 (Public 150,000 0 0 5 15/12/31 15/12/49 3,750 0 0 Works) ■ 7,500 0 0 Finance Act, 1927 (No. 196,730 9 6 5 15/6/31 15/12/49 4,918 5 3 2), section 2 (Public 196,730 9 6 5 15/12/31 15/12/49 4,918 5 3 Works) 1 9,836 10 6 Finance Act, 1928, sec- 1,185,132 14 8 5 15/6/31 15/12/49 29,628 6 5 tion 2 (Public Works) 1,185,132 14 8 5 15/12/31 15/12/49 29,628 6 5 59,256 12 10 | Finance Act, 1929, sec- 3,737,119 4 6 5 15/6/31 lo/12/49 93,427 19 7 tion2(PublicWorks) 3,737,119 4 6 5 15/12/31 15/12/49 93,427 19 7 186,855 19 2 Land for Settlements 110,000 0 0 5 15/6/31 15/12/49 2,750 0 0 Act, 1925 110,000 0 0 5 15/12/31 15/12/49 2.750 0 0 5,500 0 0 I ! Carried forward .. .. .. .. ' •• ~77 j 6 ,143,929 4 413,769 16 l7 4,730,159 8 7

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931 -1 9 32.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest —continued.

34

Gross Interest ! Net Interest. Prinninnl Half-yearly Maturity Amount of charged to Recoveries ! charged to Ac Principal. per jj ue Date Date. Interest. Ordinary Revenue : Ordinary Kevenue Account. J Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 6,143,929 4 6 1,413,769 15 11 4,730,159 8 7 New Zealand Loans Act, 1908—continued. New Zealand Consolidated Stock, 1949 —contd. New Zealand Loans Act, 1908— Public Works Fund— 360,835 18 0 5 15/6/31 15/12/49 9,020 17 11 General Purposes 360,835 18 0 5 15/12/31 15/12/49 9,020 17 11 Account 18,041 15 10 r Railways Improvement 857,615 6 0 5 15/6/31 15/12/49 21,440 7 8 Authorization Act, 857,615 6 0 5 15/12/31 15/12/49 21,440 7 8 1914, and Finance Act, 1927 (No. 2), 42,880 15 4 section 3 375,000 0 0 Less amount recovered from— Electric Supply Account— Finance Act, 1920, section 15 (Electric-power Works) .. 29,628 6 4 Land for Settlements Account— Land for Settlements Act, 1925 .. .. .. .. 5,500 0 0 — .. 35,128 6 4 339,871 13 8 New Zealand Consolidated Stock, 1951— State Advances Act, 1913— Advances to Settlers 1,250,000 0 0 5J 1/8/31 1/2/51 34,375 0 0 Branch 1,250,000 0 0 5} 1/2/32 1/2/51 34,375 0 0 68,750 0 0 Less amount recovered .. .. .. .. .. .. 68,750 0 0 from State Advances Office (Advances to Settlers Branch) New Zealand Consolidated Stock, 1936-51 — Electric-power Works 1,076.938 9 3 6 1/8/31 1/8/51 32,308 3 1 Loan Act, 1919 1,076,938 9 3 6 1/2/32 1/8/51 32,308 3 1 64,616 6 2 Finance Act, 1916, sec- 1,774 12 10 6 1/8/31 1/8/51 53 4 9 tion 50, and Finance 1,774 12 10 6 1/2/32 1/8/51 53 4 9 Act, 1920, section 16 (State Forests) 106 9 6 Finance Act, 1918 (No. 512,533 0 8 6 1/8/31 1/8/51 15,375 19 10 2), Part IV (War 512,533 0 8 6 1/2/32 1/8/51 15,375 19 10 Expenses) 30,751 19 8 Finance Act, 1920, sec- 807,703 17 0 6 1/8/31 1/8/51 24,231 2 4 tion 15 (Electric- 807,703 17 0 6 1/2/32 1/8/51 24,231 2 4 power Works) 48,462 4 8 Finance Act, 1921, sec- 2,423,111 10 11 6 1/8/31 1/8/51 72,693 6 11 tion 10 (Public 2.423,111 10 11 6 1/2/32 1/8/51 72,693 6 11 Works) 145,386 13 10 Railwavs Improvement 1,076,938 9 4 6 1/8/31 1/8/51 32,308 3 1 Authorization Act, 1,076,938 9 4 6 1/2/32 1/8/51 32,308 3 1 1914 64,616 6 2 — 353,940 0 0 Less amount recovered from— Electric Supply Account — Electric power Works Loan Act, 1919 .. .. .. 64,61662 Finance Act, 1920, section 15 (Electric-power Works) .. 48,462 4 8 113,078 10 10 State Forests Account— Finance Act, 1916, section 50, and Finance Act, 1920, section 16 106 9 6 .. 113,185 0 4 240,754 19 8 Carried forward .. .. I .. j .. .. .. 6,941,619 4 6 1,630,833 2 7 5,310,786 1 11 - I .1 ■

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

35

, I Gross Interest Net Interest Half-yearly Maturity Amount of charged to Tieraiwrlea charged to Aot - Principal. per ]) lie I) a te. Date. Interest. Ordinary Revenue * Ordinary Revenue ent * Account. Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. • ■ 6,941,619 4 6 1,630,833 2 7 5,310,786 1 11 New Zealand Loans Act, 1908—continued. New Zealand Consolidated Stock, 1948-58, — Finance Act, 1920, sec- 1,000,000 0 0 4J 1/9/31 1/3/58 22,500 0 0 tion 15 (Electric- 1,000,000 0 0 4J 1/3/32 1/3/58 22,500 0 0 power Works) . — 45,000 0 0 Finance Act, 1927 (No. 2,500,000 0 0 4J 1/9/31 1/3/58 56,250 0 0 2), section 2 (Public 2,500,000 0 0 4j 1/3/32 1/3/58 56,250 0 0 Works) 112,500 0 0 Finance Act, 1928, sec- 2,000,000 0 0 1/9/31 1/3/58 45,000 0 0 tion 2 (Public Works) 2,000,000 0 0 4£ 1/3/32 1/3/58 45,000 0 0 90,000 0 0 New Zealand Loans Act, 1908— Public Works Fund— 12,227,987 13 3 4J 1/9/31 1/3/58 275,129 14 5 General Purposes 12,227,987 13 3 4J 1/3/32 1/3/58 275,129 14 5 Account 550,259 8 10 Railways Improvement 961 1 0 4} 1/3/30 1/3/58 21 12 6 Authorization Act, 1,500,000 0 0 4J 1/9/30 1/3/58 33,750 0 1 1914, and Finance 1,500,000 0 0 4£ 1/3/31 1/3/58 33,750 0 1 Act, 1927 (No. 2), section 3 67,521 12 8 865,281 1 6 Less amount recovered from — Electric Supply Account — Finance Act, 1920, section 15 (Electric-power Works) .. .. .. 45,000 0 0 820,281 1 6 New Zealand Inscribed Stock Act, 1917 : — Aid to Public Works and 100 0 0 5J 1/9/31 1/9/37 2 15 0 Land Settlement Act, 100 0 0 54 1/3/32 1/9/37 2 15 0 | 1900 500 0 0 44 1/11/31 1/5/41 11 5 0 600 0 0 5J 1/9/31 1/9/41 15 15 0 600 0 0 51 1/3/32 1/9/41 15 15 0 48 5 0 .. 48 5 0 Aid to Public Works and 38,700 0 0 5£ 1/9/31 1/9/41 1,015 17 6 Land Settlement Act, 38,700 0 0 5-j 1/3/32 1/9/41 1,015 17 6 1902 2,031 15 0 .. 2,031 15 0 Aid to Public Works and 1,000 0 0 5J 15/8/31 15/8/33 26 5 0 Land Settlement Act, 1,000 0 0 5J 15/2/32 15/8/33 26 5 0 1903 4,880 0 0 5J 1/9/31 1/9/37 134 4 0 4,880 0 0 5| 1/3/32 1/9/37 134 4 0 10,000 0 0 4| 1/7/31 1/7/41 225 0 0 10,000 0 0 4£ 1/1/32 1/7/41 225 0 0 500 0 0 4J 1/8/31 1/8/41 11 5 0 700 0 0 4J 1/2/32 1/8/41 15 15 0 200 0 0 5 1/9/31 1/9/41 5 0 0 200 0 0 5 1/3/32 1/9/41 5 0 0 183,800 0 0 5J 1/9/31 1/9/41 4.824 15 0 183,800 0 0 5-1- 1/3/32 1/9/41 4,824 15 0 10,457 8 0 .. 10,457 8 0 Aid to Public Works and 50,000 0 0 5J 1/9/31 1/9/37 1,375 0 0 Land Settlement Act, 50,000 0 0 5f 1/3/32 1/9/37 1,375 0 0 1905 2,750 0 0 .. 2,750 0 0 Aid to Public Works and 100 0 0 6 1/7/31 1/1/32 3 0 0 Land Settlement Act, 100 0 0 6 1/1/32 1/1/32 3 0 0 1906 258,650 0 0 54 1/9/31 1/9/37 1,977 1 0 258,910 0 0 54 1/3/32 1/9/37 7,120 0 6 1,000 0 0 5J 1/9/31 1/9/41 26 5 0 1,000 0 0 5J 1/3/32 1/9/41 26 5 0 9,155 11 6 .. 9,155 11 6 Carried forward .. .. .. . • .. .. 7,831,343 5 6 1,675,833 2 7 6,155,510 2 11

B.—i [Pt. tlj.

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest —continued.

36

tj . Gross Interest Net Interest Act PriTioiml npr Half-yearly Maturity Amount of charged to Recoveries charged to rrmcipai. per Due jj ate _ Date. Interest. Ordinary Revenue Recoveries. Ordinary Revenue Account. Account. Brought forward.. £ b - d - i s. d. 1)67 jJ 833 6,155,510 2 11 New Zealand Inscribed Stock Act, 1917—ctd. I Aid to Public Works and 900 0 0 6 1/7/30 1/1/32 27 0 0 Land Settlement Act, 2,900 0 0 6 1/1/31 1/1/32 87 0 0 1907 4,000 0 0 5-1 1/2/31 1/2/33 110 0 0 233,600 0 0 54 1/8/31 1/2/33 6,377 5 0 2,336 0 0 4 1/2/32 1/2/33 IS,424 0 0 23,250 0 0 5| 15/8/31 15/8/33 610 6 3 j 23,250 0 0 5J 15/2/32 15/8/33 610 6 3 5,000 0 0 4* 1/7/31 1/7/41 112 10 0 5,000 0 0 4| 1/1/32 1/7/41 112 10 0 1,700 0 0 5| 1/9/31 1/9/41 44 12 6 1,700 0 0 5J 1/3/32 1/9/41 44 12 6 14,560 2 6 .. 14,560 2 6 Aid to Public Works and 22,750 0 0 5 1/9/31 1/9/37 96 11 10 Land Settlement Act, 22,680 0 0 5 1/3/32 1/9/37 567 0 0 1908 — 663 11 10 .. 663 11 10 Aid to Public Works and 25,000 0 0 5J 1/9/31 1/9/41 656 5 0 Land Settlement Act, 25,000 0 0 5J 1/3/32 1/9/41 656 5 0 1911 — 1,312 10 0 .. 1,312 10 0 Aid to Public Works and 60,000 0 0 5J 15/8/31 15/2/37 1,650 0 0 Land Settlement Act, 60,000 0 0 5J 15/2/32 15/2/37 1,650 0 0 1914 ' 3,300 0 0 .. 3,300 0 0 Aid to Public Works and 70,960 0 0 6 1/8/31 1/8/31 2,128 16 0 Land Settlement Act, 300 0 0 5i 1/8/31 1/2/32 8 5 0 1921 300 0 0 5i 1/2/32 1/2/32 8 5 0 33,740 0 0 5J 15/8/31 15/2/32 885 13 6 33,540 0 0 5£ 15/2/32 15/2/32 880 8 6 150,050 0 0 5-J 15/8/31 15/8/33 3,938 16 3 150,050 0 0 5J 15/2/32 15/8/33 3,938 16 3 38,960 0 0 .4 1/8/31 1/2/36 1,071 8 0 38,960 0 0 Si 1/2/32 1/2/36 1,071 8 0 4,000 0 0 Si 1/8/31 1/8/41 91 12 4 4,000 0 0 5i 1/2/32 1/8/41 110 0 0 14,133 8 10 .. 14,133 8 10 Aid to Water-power Works 272,100 0 0 5J 15/8/32 15/8/33 7,142 12 6 Act, 1910 271,300 0 0 5| 15/2/32 15/8/33 7,121 12 6 14,264 5 0 . Less amount recovered from Electric Supply Account— Aid to Water-power Works Act, 1910 .. .. .. .. .. 14,264 5 0 Discharged Soldiers Settle- 50,050 0 0 5J 1/9/31 | 1/9/32 1,313 16 3 merit Loans Act, 1919, 50,050 0 0 5-J 1/3/32 1/9/32 1,313 16 3 section 4 80,000 0 0 5* 1/8/31 1/2/36 2,200 0 0 80,000 0 0 5J 1/2/32 | 1/2/36 2,200 0 0 i 7,027 12 6 Less amount recovered from Land for Settlements Account .. .. .. 7,027 12 6 Discharged Soldiers Settle- 400 0 0 5J 15/1/28 15/1/33 11 0 0 ment Loans Act, 1920 1,500 0 0 5£ 15/1/30 15/1/33 41 5 0 1,350 0 0 Si 15/7/30 15/1/33 37 2 6 7,680 0 0 5i 15/1/31 15/1/33 211 4 0 2,996,990 0 0 5J 15/7/31 15/1/33 82,410 8 10 2,991,010 0 0 Si 15/1/32 15/1/33 82,236 8 8 500 0 0 5 1/3/32 1/9/37 2 18 11 164,950 7 11 Less amount recovered .. .. .. .. .. .. 164,950 7 11 from Discharged Soldiers Settlement Account Education Purposes Loans 1,000 0 0 6 1/8/31 1/8/31 30 0 0 Act, 1919 17,000 0 0 6 1/8/31 1/2/32 510 0 0 17,000 0 0 6 1/2/32 1/2/32 510 0 0 770 0 0 5| 15/8/31 15/2/32 20 4 3 770 0 0 fij 15/2/32 15/2/32 20 4 3 2,350 0 0 5J 15/2/31 15/8/33 61 13 9 81,390 0 0 5J 15/8/31 15/8/33 2,136 9 9 80,540 0 0 51 15/2/32 15/8/33 2,114 3 6 55,000 0 0 5i 1/7/31 1/7/35 1,443 15 0 74,000 0 0 5J 1/1/32 1/7/35 1,942 10 0 8,789 0 6 .. 8,789 0 6 Carried forward .. .. .. .. .. .. 8,060,344 4 7 1,862,075 8 0 6,198,268 16 7

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

37

Gross Interest Net Interest t. , . , Rate Half-yearly Maturity Amount of charged to "Recoveries ~ Act. Principal. per Due i>ate Date. Interest. Ordinary Revenue Recoveries. Ordinary Revenue Cent. Account. Account. - £ s. d. £ S. d. £ s. d. £ s. d. £ s. d. Brought forward.. .. .. .. .. •• 8,060,344 4 7 1,862,075 8 0 6,198,268 16 7 New Zealand Insokibed Stock Act, 1917 —ctd. Education Purposes Loans 3,770 0 0 8J 15/8/31 15/8/33 98 19 3 Act, 1919, and Finance 3,770 0 0 5J 15/2/32 15/8/33 98 19 3 Act, 1927 (No. 2), sec- 1,250 0 0 5J 15/2/31 15/2/37 32 0 8 tion 4 56,490 0 0 5J 15/8/31 15/2/37 1,447 11 7 55,410 0 0 5| 15/2/32 15/2/37 1,419 18 0 5,200 0 0 5| 15/2/30 15/2/37 143 0 0 90,560 0 0 5f 15/8/30 15/2/37 2,490 8 0 89,160 0 0 5£ 15/2/31 15/2/37 2,451 18 0 33,090 0 0 5i 1/9/30 1/9/37 909 19 6 27,840 0 0 51 1/3/31 1/9/37 765 12 0 9,858 6 3 .. 9,858 6 3 Electric - power Works 160,000 0 0 5J 15/8/31 15/8/33 4,200 0 0 Loan Act. 1919 160,000 0 0 5| 15/2/32 15/8/33 4,200 0 0 132,450 0 0 5 1/9/31 1/9/37 548 14 0 131,250 0 0 5 1/3/32 1/9/37 3,281 5 0 405,650 0 0 51 1/9/31 1/9/37 2,112 13 9 406,000 0 0 54 1/3/32 1/9/37 11,165 0 0 25,507 12 9 Less amount recovered .. .. .. •• •• •• 25,507 12 9 from Electric Supply Account Finance Act, 1915, sec- 600 0 0 5| 15/6/29 15/12/30 16 10 0 tion 105 (Public Works) 600 0 0 51 15/12/29 15/12/30 16 10 0 600 0 0 5J 15/6/30 15/12/30 16 10 0 600 0 0 5>! 15/12/30 15/12/30 16 10 0 1,200 0 0 41 15/6/31 15/12/35 27 0 0 1,200 0 0 4* 15/12/31 15/12/35 27 0 0 2,600 0 0 5| 1/3/31 1/9/37 29 15 3 95,550 0 0 5J 1/9/31 1/9/37 2,627 12 6 95,000 0 0 5J 1/3/32 1/9/37 2,612 10 0 11,950 0 0 41 15/6/31 15/12/40 268 17 6 11,950 0 0 4i 15/12/31 15/12/40 268 17 6 175 0 0 5J 1/3/31 1/9/41 4 11 10 84,970 0 0 5J 1/9/31 1/9/41 2,230 9 0 84,770 0 0 5J 1/3/32 1/9/41 2,225 4 0 10,387 17 7 .. 10,387 17 7 Finance Act, 1916, sec- 600 0 0 41 1/9/30 1/9/30 13 10 0 tion 35 (War Expenses) 950 0 0 6 1/2/31 1/8/31 28 10 0 198,180 0 0 6 1/8/31 1/8/31 5,945 8 0 1,020 0 0 51 1/2/31 1/2/36 28 1 0 224,070 0 0 5j 1/8/31 1/2/36 6,161 18 6 222,620 0 0 5| 1/2/32 1/2/36 6,122 1 0 10,000 0 0 51 15/8/31 15/2/37 275 0 0 10,000 0 0 5J 15/2/32 15/2/37 275 0 0 39,160 0 0 51 1/3/31 1/9/37 542 9 1 2,320,245 0 0 51 1/9/31 1/9/37 62,056 4 2 2,300,825 0 0 51 1/3/32 1/9/37 62,997 13 9 600 0 0 41 1/3/31 1/9/41 13 10 0 50,550 0 0 41 1/9/31 1/9/41 1,137 7 6 51,150 0 0 41 1/3/32 1/9/41 1,150 17 6 I 146,747 10 6 .. 146,747 10 6 ■I ■ - Finance Act, 1918, sec- 50 0 0 5J 15/8/29 15/8/33 1 6 3 tion 10 (War Expenses) 1,450 0 0 5J 15/2/31 15/8/33 38 1 3 194,660 0 0 5| 15/8/31 15/8/33 5,109 16 6 194,660 0 0 5J 15/2/32 15/8/33 5,109 16 6 3,900 0 0 51 15/8/30 15/2/37 26 8 7 1,400 0 0 51 15/2/31 15/2/37 38 10 0 243,730 0 0 51 15/8/31 15/2/37 6,702 11 6 243,160 0 0 51 15/2/32 15/2/37 6,686 18 0 23,713 8 7 .. 23,713 8 7 Finance Act, 1918 (No. 2), 50,000 0 0 5J 1/9/31 1/9/32 1,312 10 0 Part IV (War Expenses) 50,000 0 0 5J 1/3/32 1/9/32 1,312 10 0 300 0 0 51 15/8/30 15/2/37 2 0 7 300 0 0 51 15/2/31 15/2/37 8 5 0 128,930 0 0 51 15/8/31 15/2/37 3,545 11 6 127,280 0 0 51 15/2/32 15/2/37 3,500 4 0 9,681 11 .. 9,681 1 1 Finance Act, 1919, sec- 11,500 0 0 5,{- 15/8/31 15/8/33 301 17 6 tion 5 (Public Works! 11,500 0 0 5J 15/2/32 15/8/33 301 17 6 1,000 0 0 51 15/2/31 15/2/37 27 10 0 165,250 0 0 51 15/8/30 15/2/37 4,544 7 6 163,350 0 0 51 15/2/31 15/2/37 4,492 2 6 9,667 15 0 .. 9,667 15 0 Carried forward .. .. .. .. .. • • 8,295,907 16 4 1,887,583 0 9 6,408,324 15 7 I

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

38

I R x Gross Interest Net Interest Prinoiml npr Half-yearly Maturity Amount of charged to Recnvpri™ charged to """" I P Due Date. Date. Interest. Ordinary Revenue s * Ordinary Revenue Account. Account. Brought forward .. .. ' d ' .. .. .. £ s - d - jg 1)88^583 d g 6,408,324 15 7 New Zealand Inscribed Stock Act, 1917—ctd. Finance Act,, 1920, sec- 146,980 0 0 SJ 15/8/31 15W33 3,858 4 6 tion 15 (Electric-power 146,480 0 0 5J 15/2/32 15/8/33 3,845 2 0 Works) 800 0 0 5| 1/8/30 1/2/36 22 0 0 1,250 0 0 54 1/2/31 1/2/36 34 7 6 301,300 0 0 54 1/8/31 1/2/36 8,285 15 0 301,600 0 0 54 1/2/32 1/2/36 8,294 0 0 210,000 0 0 54 15/8/31 15/2/37 5,775 0 0 209,700 0 0 54 15/2/32 15/2/37 5,766 15 0 — 35,881 4 0 Less amount recovered .. .. .. .. .. .. 35,902 4 0 Or. 21 0 0 from Electric-supply Account Finance Act, 1920, sec- 500 0 0 5J 15/2/27 15/2/32 1 0 2 tion'15 (Public Works) 250 0 0 5£ 15/8/30 15/2/32 6 11 3 10,690 0 0 5| 15/2/31 15/2/32 280 12 3 288,380 0 0 6| 15/8/31 15/2/32 7,569 19 6 287,630 0 0 Si 15/2/32 15/2/32 7,550 5 9 15,408 8 11 .. 15,408 8 11 Finance Act, 1921, sec- 3,000 0 0 5J 15/2/31 15/2/32 78 15 0 tion 10 (Public Works) 74,900 0 0 SJ 15/8/31 15/2/32 1,966 2 6 74,400 0 0 5} 15/2/32 15/2/32 1,953 0 0 3,997 17 6 .. 3,997 17 6 Finance Act, 1923, sec- 11,000 0 0 44 1/9/31 1/3/44 247 10 0 tion 2 (Public Works) 11,000 0 0 44 1/3/32 1/3/44 247 10 0 495 0 0 .. 495 0 0 Finance Act, 1924, sec- 275,500 0 0 54 1/8/31 1/2/36 7,576 5 0 tion 2 (Public Works) 297,000 0 0 54 1/2/32 1/2/36 8,167 10 0 900 0 0 54 15/2/31 15/2/37 24 15 0 65,680 0 0 54 15/8/31 15/2/37 1,806 4 0 65,430 0 0 5| 15/2/32 15/2/37 1,799 6 6 19,374 0 6 .. 19,374 0 6 Finance Act, 1929, sec- 600 0 0 54 1/3/31 1/9/37 15 2 9 tion 2 (Public Works) 99,450 0 0 54 1/9/31 1/9/37 2,698 7 4 107,980 0 0 54 1/3/32 1/9/37 2,969 9 0 — 5,682 19 1 .. 5,682 19 1 Forests Act, 1921-22 .. 135,250 0 0 5£ 15/8/31 15/8/33 3,550 6 3 135,250 0 0 5J 15/2/32 15/8/33 3,550 6 3 — 7,100 12 6 Less amount recovered .. .. .. .. .. .. 7,100 12 6 from State Forests Account Forests Act, 1921-22, and 20,750 0 0 5| 15/8/31 15/8/33 544 13 9 Finance Act, 1924, sec- 23,850 0 0 5£ 15/2/32 15/8/33 626 1 3 tion 16 — 1,170 15 0 Less amount recovered .. .. .. .. .. ,. 1,170 15 0 from State Forests Account Forests Act, 1921-22, and 1,900 0 0 5£ 15/2/31 15/8/33 49 17 6 Finance Act, 1926, sec- 235,800 0 0 5J 15/8/31 15/8/33 6,189 15 0 tion 6 233,450 0 0 s| 15/2/32 15/8/33 6,128 I 3 1 500 0 0 54 15/8/30 15/2/37 12 16 3 3,400 0 0 5| 15/2/31 15/2/37 87 2 7 184,800 0 0 54 15/8/31 15/2/37 4,735 11 5 182,630 0 0 54 15/2/32 15/2/37 4,679 19 3 - 200 0 0 54 15/2/31 15/2/37 5 10 0 271,450 0 0 54 15/8/31 15/2/37 7,464 17 6 279,300 0 0 5| 15/2/32 15/2/37 7,680 15 0 1,500 0 0 54 1/9/31 1/9/37 31 14 0 4,600 0 0 54 1/3/32 1/9/37 126 10 0 7 37,192 9 9 Less amount recovered .. .. .. .. .. .. 37,192 9 9 from State Forests Account Carried forward .. .. .. .. .. .. :8,422,211 3 7 1 1,968,949 2 0 6,453,262 1 7

B.—l [PT. ll].

PUBLIC ACCOUNTS, 19 3 1-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

39

Hate Gross Interest Net Interest Act Princiml dpi- Ha l'-ye»rly Maturity Amount of charged to charged to ' Cent f)ue Date. Date. Interest. Ordinary Revenue Ti les, Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. £ s. d. ! £ s. d. Brought forward.. .. .. .. .. .. 8,422,211 3 7 1,968,949 2 0 6,453,262 1 7 New Zealand Inscribed Stock Act, 1917—ctd. Forests Act, 1921-22, and 160,000 0 0 5J 1/9/31 1/9/37 1,933 4 9 Finance Act, 1930 160,000 0 0 ō| 1/3/32 1/9/37 4,400 0 0 (No. 2), section 5 6,333 4 9 Less amount recovered .. .. .. .. .. .. 6,33349 from State Forests Account Government Railways Act, 1908,— Finance Act, 1909 .. 300 0 0 5} 1/9/31 1/9/41 7 17 6 300 0 0 5\ 1/3/32 1/9/41 7 17 6 15 15 0 .. 15 15 0 Railways Improvement 500 0 0 6 1/7/31 1/1/32 15 0 0 Authorization Acts, 500 0 0 6 1/1/32 1/1/32 15 0 0 1904-7 30 0 0 .. 30 0 0 Government Railways 500 0 0 4| 1/1/32 1/7/41 11 5 0 Amendment Act, 1910 500 0 0 5J 1/9/31 1/9/41 13 2 6 500 0 0 5J 1/3/32 1/9/41 13 2 6 37 10 0 .. 37 10 0 Hauraki Plains Act, 1926 10,000 0 0 54 15/8/31 15/2/37 275 0 0 8,500 0 0 5J 15/2/32 15/2/37 233 15 0 508 15 0 Less amount recovered .. .. .. .. .. .. 275 0 0 233 15 0 from Hauraki Plains Settlement Account Land for Settlements 5,500 0 0 6 1/7/31 1/1/32 165 0 0 Act, 1908 5,500 0 0 6 1/1/32 1/1/32 165 0 0 * 5,500 0 0 6 1/8/31 1/2/32 165 0 0 5,500 0 0 6 1/2/32 1/2/32 165 0 0 1,000 0 0 5J 15/8/31 15/2/32 26 5 0 1,000 0 0 5J 15/2/32 15/2/32 26 5 0 1,500 0 0 5| 1/7/31 1/1/33 41 5 0 1,500 0 0 54 1/1/32 1/1/33 41 5 0 40,750 0 0 5J 1/8/31 1/2/33 1,120 12 6 40,750 0 0 5J 1/2/32 1/2/33 1,120 12 6 42,750 0 0 5| 1/9/31 1/9/41 1,122 3 9 42,750 0 0 5J 1/3/32 1/9/41 1,122 3 9 5,280 12 6 Less amount recovered .. .. .. .. .. 5,280 12 6 from Land for Settlements Account Land for Settlements 20,000 0 0 5J 1/8/31 1/2/33 550 0 0 Act, 1925 20,000 0 0 5i 1/2/32 1/2/33 550 0 0200 0 0 5i 15/2/31 15/8/33 5 5 0 3,700 0 0 5J 15/8/31 15/8/33 97 2 6 3,700 0 0 5-j: 15/2/32 15/8/33 97 2 6 2,250 0 0 54 15/2/31 15/2/37 61 17 6 380,610 0 0 54 15/8/31 15/2/37 10,466 15 6 390,760 0 0 54 15/2/32 15/2/37 10,745 18 0 76,360 0 0 5 1/9/31 1/9/37 213 6 11 724,600 0 0 5 1/3/32 1/9/37 6,878 13 7 2,200 0 0 54 1/3/31 1/9/37 46 10 8 688,120 0 0 54 1/9/31 1/9/37 9,103 18 0 685,130 0 0 54 1/3/32 1/9/37 18,841 1 6 6,000 0 0 44 1/7/31 1/7/41 135 0 0 16,700 0 0 44 1/1/32 1/7/41 375 15 0 1,000 0 0 44 1/8/31 1/8/41 22 10 0 1,000 0 0 U 1/2/32 1/8/41 22 10 0 52,500 0 0 5-J 1/9/31 1/9/41 1,378 2 6 52,500 0 0 5| 1/3/32 1/9/41 1,378 2 6 60,969 11 8 Less amount recovered .. .. .. .. .. .. 60,969 11 8 from Land for Settlements Account Carried forward .. .. .. | .. .. 8,495,386 12 6 2,041,807 10 11 6,453,579 1 7

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

40

I I Gross Interest Net Interest „ . , , Rate Half-yearly Maturity Amount of charged to Recoveries ~ charged to Act. Principal. per Due Date. Date. Interest. Ordinary Revenue recoveries. Ordinary Revenue Cent. » Account. Account. £ s d £ s. d. £ s. d. £ s. d. £ s. d. Brought forward.. .. 8,495,386 12 6 2,041,807 10 11 6,453,579 1 7 . New Zealand Inscribed Stock Act, 1917—ctd. Land Laws Amendment 18,000 0 0 5J 15/8/31 15/2/32 472 10 0 Act, 1913 18,000 0 0 5J 15/2/32 15/2/32 472 10 0 5,500 0 0 5J 1/9/31 1/9/41 144 7 6 5,500 0 0 5£ 1/3/32 1/9/41 144 7 6 1,233 15 0 Less amount recovered .. .. .. • • • • • • 1,233J15 0 from Land for Settlements Account Main Highways Act, 1922 500 0 0 5J 15/2/31 15/8/33 13 2 6 196,550 0 0 5J 15/8/31 15/8/33 5,159 8 9 196,550 0 0 5J 15/2/32 15/8/33 5,159 8 9 400 0 0 5| L5/2/31 15/2/37 10 5 0 197,600 0 0 5§ 15/8/31 15/2/37 5,063 10 7 197,500 0 0 5| 15/2/32 15/2/37 5,060 19 4 1,200 0 0 54 15/2/31 15/2/37 33 0 0 463,920 0 0 5i 15/8/31 15/2/37 12,757 16 0 463,220 0 0 54 15/2/32 15/2/37 12,738 11 0 1,300 0 0 5i 1/3/31 1/9/37 34 0 2 479,930 0 0 54 1/9/31 1/9/37 10,491 13 2 479,410 0 0 5A 1/3/32 1/9/37 13,183 15 6 69,705 10 9 Less amount recovered .. .. .. .. • • • • ® from Main Highways Account Revenue Fund Maori Land Settlement 900 0 0 5J 1/9/31 1/9/41 23 12 6 Act, 1905 900 0 0 5i 1/3/32 1/9/41 23 12 6 47 5 0 .. 47 5 0 » Native Land Amendment 100 0 0 54 15/2/31 15/2/37 2 15 0 Act, 1913 98,730 0 0 54 15/8/31 15/2/37 2,715 I 6 98,730 0 0 54 15/2/32 15/2/37 2,715 1 6 650 0 0 54 1/3/31 1/9/37 16 17 9 249,350 0 0 54 1/9/31 1/9/37 5,905 9 10 248,400 0 0 5-1 1/3/32 1/9/37 6,831 0 0 j ? g ? New Zealand Loans Act, 1908,— Ordinary Revenue Ac- 700 0 0 5J 15/2/31 15/2/37 17 18 9 count—Miscellaneous 622,950 0 0 54 15/8/31 15/2/37 15,963 3 0 621,450 0 0 5J 15/2/32 15/2/37 15,924 14 3 1,000 0 0 5J 15/2/31 15/2/37 27 10 0 471,400 0 0 54 15/8/31 15/2/37 12,963 10 0 467,940 0 0 5i 15/2/32 15/2/37 12,856 6 8 500 0 0 5 1/3/32 1/9/37 12 10 0 170 0 0 54 1/3/31 1/9/37 4 13 6 134,000 0 0 54 1/9/31 1/9/37 3,685 0 0 132,300 0 0 54 1/3/32 1/9/37 3,638 5 0 Ano „ 0 65,093 112 .. 60,093 11 2 Public Works Fund— 1,200 0 0 5| 15/2/31 15/2/37 30 15 0 General Purposes Ac- 1.810,590 0 0 5-J 15/8/31 15/2/37 46,294 0 4 count 1.802,190 0 0 5| 15/2/32 15/2/37 46,181 5 5 1,000 0 0 54 15/8/30 15/2/37 21 10 11 4,430 0 0 5| 15/2/31 15/2/37 121 16 6 689,740 0 0 54 15/8/31 15/2/37 18,967 17 0 722,940 0 0 54 15/2/32 15/2/37 19,880 17 0 22,470 0 0 5| 1/9/31 1/9/37 617 18 6 23,670 0 0 54 1/3/32 1/9/37 650 18 6 . 132,766 19 2 .. 132,766 19 2 New Zealand State-guar- 2,000 0 0 5J 1/9/31 1/9/41 52 10 0 anteed Advances Acts, 2,000 0 0 5j 1/3/32 1/9/41 52 10 0 _ 1909-10 (Guaranteed 10® 0 0 Mining Advances) Railways Improvement 57,310 0 0 54 1/8/31 1/2/36 1,576 0 6 Authorization Act, 1914 54,810 0 0 54 1/2/32 1/2/36 1,507 5 6 2,190 0 0 5| 15/8/31 15/2/37 60 4 6 2,190 0 0 54 15/2/32 15/2/37 60 4 6 „ 3,203 15 0 .. 3,203 15 0 Carried forward .. ., I •• 8,785,72 8 "Ī4 2 2,112,746 16 8 6,672,981 17 6

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1 931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

6—B. 1 [Pt ll].

41

Rate . Gross Interest j Net Interest Aat Princiual Der Half-yearly Maturity Amount o( charged to charged to rnncipai. Due Datc Date _ Interest. Ordinary Revenue Recoveries. 1 ordinary Revenue ' Account.. | Account. | 1 £ s. d. £ s. d. £ s. d. I £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 8,785,728 14 2 12,112,746 16 8 6,672,981 17 6 New Zealand Inscribed Stock Act, 1917—ctd. Railways Improvement 50,000 0 0 5J 15/8/31 15/8/33 1,312 10 0 Authorization Act, 1914, 50,000 0 0 5J 15/2/32 15/8/33 1,312 10 0 and Finance Act, 1926, 2,625 0 0 .. 2,625 0 0 section 3 Railways Improvement 1,400 0 0 51 15/2/31 15/2/37 38 10 0 Authorization Act, 1914, 175,900 0 0 5§ 15/8/31 15/2/37 4,837 5 0 and Finance Act, 1927 176,900 0 0 5| 15/2/32 J5/2/37 4,864 15 0 (No. 2), section 3 500 0 0 51 1/9/30 1/9/37 3 3 3 500 0 0 5J 1/3/31 1/9/37 13 15 0 35,250 0 0 5J 1/9/31 1/9/37 969 7 6 34,700 0 0 5J 1/3/32 1/9/37 954 5 0 11,681 0 9 .. 11,681 0 9 State Advances Act, 1913,— Advances to Settlers 51,000 0 0 51 30/6/31 30/6/31 1,402 10 0 Branch 300 0 0 5J 15/8/30 15/8/33 7 17 6 300 0 0 5J 15/2/31 15/8/33 7 17 6 [ 159,690 0 0 5£ 15/8/31 15/8/33 4,191 17 3 160,290 0 0 5| 15/2/32 15/8/33 4,207 12 3 711,400 0 0 5J 9/4/31 9/10/34 18,674 5 0 706,400 0 0 5£ 9/10/31 9/10/34 18,543 0 0 2,000 0 0 51 1/2/30 1/2/36 55 0 0 2,100 0 0 5i 1/8/30 1/2/36 57 15 0 11,000 0 0 5£ 1/2/31 1/2/36 302 10 0 2,061,000 0 0 51 1/8/31 1/2/36 56,672 7 3 2,066,100 0 0 51 1/2/32 1/2/36 56,817 15 0 600 0 0 5i 15/2/31 15/2/37 15 7 6 854,470 0 0 5J 15/8/31 15/2/37 21,690 17 1 801,250 0 0 5| 15/2/32 15/2/37 21,864 11 11 1,000 0 0 5J 15/8/30 15/2/37 9 9 10 3,450 0 0 Si 15/2/31 15/2/37 94 17 6 500,120 0 0 5J 15/8/31 15/2/37 13,753 6 0 494,040 0 0 51 15/2/32 15/2/37 13,586 2 0 1,450 0 0 5 1/3/32 1/9/37 35 16 11 3,890 0 0 5J 1/3/31 1/9/37 4 8 3 441,100 0 0 5J 1/9/31 1/9/37 8,400 17 3 445,150 0 0 5J 1/3/32 1/9/37 12,241 12 6 1,146,500 0 0 5i 1/8/31 1/2/51 31,528 15 0 1,146,500 0 0 51 1/2/32 I 1/2/51 31,528 15 0 ! 315,695 3 6 Less amount recovered .. .. .. .. .. .. 316,774 0 1 Or. 1,078 16 7 from State Advances Office (Advances to Settlers Branch) I Advances to Workers 8,000 0 0 5£ 30/6/31 30/6/31 210 0 0 Branch 100 0 0 5J 15/8/27 15/2/32 0 0 10 1,400 0 0 5i 15/2/31 15/2/32 36 15 0 518,680 0 0 5J 15/8/31 15/2/32 13,615 7 0 515,990 0 0 5J 15/2/32 15/2/32 13,544 14 9 150 0 0 5J 15/8/30 15/8/33 3 18 9 1,700 0 0 5J 15/2/31 15/8/33 44 12 6 1,478,100 0 0 5£ 15/8/31 15/8/33 38,800 2 6 1,486,890 0 0 5J 15/2/32 15/8/33 39,030 17 3 150,000 0 0 5£ 9/4/31 9/10/34 3,937 10 0 150,000 0 0 5J 9/10/31 9/10/34 3,937 10 0 1,700 0 0 51 1/2/31 1/2/36 46 15 0 718,590 0 0 51 1/8/31 1/2/36 19,761 4 6 718,440 0 0 5i 1/2/32 1/2/36 19,757 2 0 150 0 0 5| 15/2/31 15/2/37 3 16 11 143,650 0 0 5J 15/8/31 15/2/37 3,681 1 4 142,700 0 0 5f 15/2/32 15/2/37 3,656 14 5 10,070 0 0 51 15/2/31 15/2/37 276 18 6 617,610 0 0 51 15/8/31 15/2/37 16,984 5 6 626,160 0 0 51 15/2/32 15/2/37 17,219 8 0 281,000 0 0 5 1/3/32 1/9/37 577 3 6 1,870 0 0 51 1/9/30 1/9/37 6 15 6 10,570 0 0 51 1/3/31 1/9/37 295 1 3 370,590 0 0 51 1/9/31 1/9/37 10,047 3 4 394,690 0 0 51 1/3/32 1/9/37 10,853 19 6 502,000 0 0 51 1/8/31 1/2/51 13,805 0 0 502,000 0 0 51 1/2/32 1/2/51 13,805 0 0 243,938 17 10 Less amount recovered .. .. .. .. .. .. 243,130 9 7 808 8 3 from State Advances Office (Advances to Workers Branch) Carried forward .. .. .. .. .. .. 9,359,668 16 3 2,672,651 6 4 6,687,017 9 11

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1931- 1 9 3 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest—continued.

42

Rate TT nl f , ,, , . , , Gross Interest Net Interest Act - Principal. per M^ unt y Amount of charged to Recoveries charged to Cent. Due Date - Date - Interest. Ordinary Kevenue Recoveries. Ordinary Uevenue Account. Account. • • j . •d , . , , £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. 9,359,668 16 3 2,672,651 6 4 6,687,017 9 11 New Zealand Inscribed Stock Act, 1917—ctd. Swamp Drainage Act, 12,000 0 0 5A 15/8/31 15/2/37 330 0 0 1915, and Appropria- 12,000 0 0 5| 15/2/32 15/2/37 330 0 0 tion Act, 1918, sec- 660 0 0 ... 660 0 0 tion 46 War Purposes Loan Act, 4,000 0 0 6 1/8/31 1/8/31 120 0 0 1917 900 0 0 5| 15/8/31 15/2/32 23 12 6 900 0 0 5| 15/2/32 15/2/32 23 12 6 Or. 200 0 0 5J 15/8/28 15/8/33 Or. 5 5 0 200 0 0 5J 15/8/30 15/8/33 5 5 0 7,800 0 0 5J 15/2/31 15/8/33 204 15 0 971,170 0 0 5J 15/8/31 15/8/33 25,492 3 1 963,170 0 0 5i 15/2/32 15/8/33 25,283 4 3 : 13,850 0 0 5| 1/9/31 1/9/37 380 17 6 13,850 0 0 51 1/3/32 1/9/37 380 17 6 51,909 2 4 .. 51,909 2 4 War Expenses .. 2,810 0 0 3 15/5/31 15/11/38 42 3 0 2,810 0 0 3 15/11/31 15/11/38 42 3 0 300 0 0 41 15/5/26 15/11/38 6 15 0 2,000 0 0 4J 15/11/29 15/11/38 45 0 0 7,200 0 0 4i 15/5/30 15/11/38 162 0 0 20,100 0 0 4i 15/11/30 15/11/38 452 5 0 17,750,369 0 0 4| 15/5/31 15/11/38 399,382 1 2 17,775,099 0 0 4J 15/11/31 15/11/38 399,937 17 11 6,680 0 0 4J 15/5/32 15/11/38 62 12 2 100 0 0 4i 20/10/24 20/4/39 2 5 0 500 0 0 4£ 20/10/29 20/4/39 11 5 0 18,000 0 0 4J 20/4/30 20/4/39 405 0 0 9,300 0 0 4i 20/10/30 20/4/39 209 5 0 5,747,380 0 0 4* 20/4/31 20/4/39 129,316 1 0 5,758,840 0 0 44 20/10/31 20/4/39 129,548 19 6 8,000 0 0 4|- 20/4/32 20/4/39 113 6 0 2,500 0 0 5 1/9/30 1/9/41 62 10 0 650 0 0 5 1/3/31 1/9/41 16 5 0 98,620 0 0 5 1/9/31 1/9/41 2,465 10 0 95,070 0 0 5 1/3/32 1/9/41 2,376 15 0 850 0 0 5J 1/9/30 1/9/41 22 6 3 13,400 0 0 5J 1/3/31 1/9/41 351 14 9 2,541,160 0 0 5i 1/9/31 1/9/41 66,705 9 0 2,527,950 0 0 5J 1/3/32 1/9/41 66,348 10 3 1,198,087 19 0 .. 1,198,087 19 0 NEW Zealand LOAN ACT, 600 0 0 5 15/1/02 15/7/14 15 0 0 1863 600 0 0 5 15/7/02 15/7/14 15 0 0 600 0 0 5 15/1/03 15/7/14 15 0 0 600 0 0 5 15/7/03 15/7/14 15 0 0 600 0 0 5 15/1/04 15/7/14 15 0 0 600 0 0 5 15/7/04 15/7/14 15 0 0 600 0 0 5 15/1/05 15/7/14 15 0 0 600 0 0 5 15/7/05 15/7/14 I 15 0 0 600 0 0 5 15/1/06 15/7/14 15 0 0 600 0 0 5 15/7/06 15/7/14 15 0 0 600 0 0 5 15/1/07 15/7/14 15 0 0 600 0 0 5 15/7/07 15/7/14 15 0 0 600 0 0 5 15/1/08 15/7/14 15 0 0 600 0 0 5 15/7/08 15/7/14 15 0 0 600 0 0 5 15/1/09 15/7/14 15 0 0 600 0 0 5 15/7/09 15/7/14 15 0 0 600 0 0 5 15/1/10 15/7/14 15 0 0 600 0 0 5 15/7/10 15/7/14 15 0 0 600 0 0 5 15/1/11 15/7/14 15 0 0 600 0 0 5 15/7/11 15/7/14 15 0 0 600 0 0 5 15/1/12 15/7/14 15 0 0 600 0 0 5 15/7/12 15/7/14 15 0 0 600 0 0 5 i 15/1/13 15/7/14 15 0 0 600 0 0 5 j 15/7/13 15/7/14 15 0 0 600 0 0 5 1 15/1/14 15/7/14 15 0 0 600 0 0 5 15/7/14 15/7/14 15 0 0 390 0 0 390 0 0 Carried forward .. .. j .. I j .. 10,610,715 17 7 2,672,651 6 4 7,938,064 11 3

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 19 3 1-1932

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest—continued.

43

■n a t e Gross Interest Net Interest Act Princiml ner Half-yearly Maturity Amount of charged, to Tiprnvsrioa charged to ' r?nt ® ue Date. Date. Interest. Ordinary Revenue Recoveries. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. £ g. d. £ a. d. Brought forward.. .. .. .. .. .. 10,610,715 17 7 2,672,651 6 4 7,938,064 11 3 New Zealand Loans Act, 1908 : — Ordinary Revenue Ac- 900 0 0 5 1/5/31 1/5/34 22J10.J0 count—Miscellaneous 900 0 0 5 1/11/31 1/5/34 0 13,750 0 0 5£ 1/8/31 1/8/34 360*18 f9 13,750 0 0 5J 1/2/32 1/8/34 9 25,000 0 0 5i 1/4/31 1/10/34 656 5 0 25,000 0 0 5| 1/10/31 1/10/34 656 5 0 40,000 0 0 5£ 1/5/31 1/11/34 1,050 0 0 40,000 0 0 5i 1/11/31 1/11/34 1,050 0 0 92,050 0 0 5| 15/8/31 15/2/37 2,358 16 1 66,950 0 0 5J 15/2/32 15/2/37 1,715 11 5 60,000 0 0 4\ 1/5/31 1/11/50 1,350 0 0 60,000 0 0 44 1/11/31 1/11/50 1,350 0 0 200,000 0 0 4 1/9/31 1/9/51 4,000 0 0 200,000 0 0 4 1/3/32 1/9/51 4,000 0 0 18,953 15 0 .. 18,953 1-5 0 881 ISISl - ■ Bl ■ Ifjft igaajl ''Myj Public Works Fund— 38,200 0 0 5 1/5/31 1/5/31 955 0 0 General Purposes Ac- 11,150 0 0 4| 1/7/31 1/7/31 250 17 6 count 21,600 0 0 5 1/7/31 1/7/31 540 0 0 2,000 0 0 4J 1/8/31 1/8/31 45 0 0 43,300 0 0 5 1/8/31 1/8/31 1,082 10 0 7,750 0 0 5 1/5/31 1/5/34 193 15 0 7,750 0 0 5 1/11/31 1/5/34 193 15 0 57,300 0 0 5-| 1/5/31 1/5/34 1,504 2 6 57,300 0 0 5| 1/11/31 1/5/34 1,504 2 6 7,600 0 0 54 1/5/31 1/5/34 209 0 0 7,600 0 0 5J 1/11/31 1/5/34 209 0 0 36,850 0 0 5J 1/7/31 1/7/34 967 6 3 36,850 0 0 5i 1/1/32 1/7/34 967 6 3 70,850 0 0 5| 1/8/31 1/8/34 1,859 16 3 70,850 0 0 5J 1/2/32 1/8/34 1,859 16 3 31,350 0 0 5£ 1/9/31 1/3/35 822 18 9 31.350 0 0 5J 1/3/32 1/3/35 822 18 9 2,850 0 0 U 1/5/31 1/5/35 64 2 6 2,850 0 0 4+ 1/11/31 1/5/35 64 2 6 15,350 0 0 5| 1/6/31 1/6/35 402 18 9 15,350 0 0 5i 1/12/31 1/6/35 402 18 9 11,150 0 0 41 1/11/31 1/5/36 169 1 7 59,800 0 0 5 1/11/31 1/5/36 1,318 18 11 2,000 0 0 4f 1/2/32 1/8/36 45 0 0 33,300 0 0 5 1/2/32 1/8/36 832 10 0 600 0 0 5i 15/2/31 15/2/37 15 7 6 123,700 0 0 5| 15/8/31 15/2/37 3,169 17 10 118,250 0 0 5£ 15/2/32 15/2/37 3,030 1 7f 800 0 0 5J 15/8/30 15/2/37 22 0 0 23,950 0 0 5j 15/2/31 15/2/37 658 12 6 408,850 0 0 5£ 15/8/31 15/2/37 11,243 7 6 367,300 0 0 4 15/2/32 15/2/37 10,100 15 0 400 0 0 5i 1/3/31 1/9/37 11 0 0 64,900 0 0 5j- 1/9/31 1/9/37 1,784 15 0 62,350 0 0 5i 1/3/32 1/9/37 1,714 12 6 60,000 0 0 4 1/7/31 1/7/49 1,200 0 0 60,000 0 0 4 1/1/32 1/7/49 1,200 0 0 200,000 0 0 4 1/5/31 1/5/50 4,000 0 0 200,000 0 0 4 1/11/31 1/5/50 4,000 0 0 100,000 0 0 4| 1/5/31 1/5/50 2,250 0 0 100,000 0 0 4J 1/11/31 1/5/50 2,250 0 0 10,000 0 0 4 1/2/32 1/8/50 200 0 0 64,137 7 5 .. 64,137 7 5 Carried forward .. . . .. J .. .. .. 10,693,807 0 0 2,672,651 6 4 8,021,155 13 8

B.—l [PT. ll],

PUBLIC ACCOUNTS, 1931-1932.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest—continued.

44

I — ■ Rate xr . Gross Interest Net Interest Act, Principal. per i al f"£ ea , ry Matu / lty Amount of charged to Ppnnvpr.Vs charged to Cent. Due Date * Date - Interest. Ordinary Revenue Recoveries. Ordinary Revenue Account. Account. -p . j. , s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 10,693,807 0 0 2,672,631 6 4 8,021,1S5 13 8 New Zealand StateQOARANTEED ADVANCES Act, 1909 :— Guaranteed Mining Ad- 5,000 0 0 3| 1/4/31 1/4/49 93 15 0 ranees Branch 5,000 0 0 3f 1/10/31 1/4/49 93 15 0 187 10 0 .. 187 10 0 Land for Settlements 25,000 0 0 3£ 1/4/31 1/10/48 437 10 0 Branch 25,000 0 0 3i 1/10/31 1/10/48 437 10 0 470,000 0 0 3f 1/4/31 1/4/49 8,812 10 0 470,000 0 0 3f 1/10/31 1/4/49 8,812 10 0 r , , 18,500 0 0 Less amount recovered .. i o e nn a a from Land for Settle- " " 18,500 0 0 ments Account Local Authorities Branch 170,000 0 0 3J 1/10/31 1/4/47 2,975 0 0 425,000 0 0 3£ 1/10/31 1/10/47 7'437 10 0 100,000 0 0 3J 1/10/31 1/4/48 1,750 0 0 361,485 0 0 3£ 1/10/31 1/10/48 6,325 19 9 275,000 0 0 3i 1/10/31 1/4/49 4,812 10 0 575 0 0 3f 1/10/31 1/4/49 10 15 7 200 0 0 4 1/10/31 1/4/49 4 0 0 23,315 15 4 -Less amount recovered .. # . > # 23 315 15 4. from State Advances Office (Advances to Local Authorities Branch) Local Authorities Branch, — Opening up Crown 33,000 0 0 4J 1/4/31 1/4/33 742 10 0 Lands for Settlement 33,000 0 0 4| 1/10/31 1/4/33 742 10 0 Account 112,000 0 0 3J 1/4/31 1/4/48 1,960 0 0 112,000 0 0 3J 1/10/31 1/4/48 1,960 0 0 3,515 0 0 3| 1/4/31 1/10/48 61 10 3 3,515 0 0 3J 1/10/31 1/10/48 61 10 3 60,425 0 0 3f 1/4/31 1/4/49 1,132 19 5 60,425 0 0 3| 1/10/31 1/4/49 1,132 19 5 8,800 0 0 4 1/4/31 1/4/49 176 0 0 8,800 0 0 4 1/10/31 1/4/49 176 0 0 . — : 8,143 19 4 .. 8,145 19 4 Rangitaiki Land Drain- 5,000 0 0 U 1/4/31 1/4/33 112 10 0 age Account 5,000 0 0 4J 1/10/31 1/4/33 112 10 0 25,000 0 0 3f 1/4/31 1/10/48 437 10 0 25,000 0 0 3£ 1/10/31 1/10/48 437 10 0 10,000 0 0 3f 1/4/31 1/4/49 187 10 0 10,000 0 0 3J 1/10/31 1/4/49 187 10 0 ■ 1,475 0 0 .. 1,473 0 0 Native Land Settlement 80,000 0 0 4J 1/4/31 1/4/33 1,800 0 0 Branch 80,000 0 0 4i 1/10/31 1/4/33 1,800 0 0 20,000 0 0 3£ 1/4/31 1/10/47 350 0 0 20,000 0 0 3| 1/10/31 1/10/47 350 0 0 361,600 0 0 3| 1/4/31 1/10/48 6,328 0 0 361,600 0 0 3| 1/10/31 1/10/48 6,328 0 0 54,500 0 0 3f 1/4/31 1/4/49 1,021 17 6 54,500 0 0 3| 1/10/31 1/4/49 1,021 17 6 30,000 0 0 4 1/4/31 1/4/49 600 0 0 30,000 0 0 4 1/10/31 1/4/49 600 0 0 20,199 15 0 .. 20,199 15 0 Advances to Settlers 100,000 0 0 3£ 1 /10/31 1/10/48 1,750 0 0 Branch 37,000 0 0 3| 1/10/31 1/4/49 693 15 0 t , , 2,443 15 0 Less amount recovered .. ,, t t 2 15 a from State Advances Office (Advances to Settlers Branch) Advances to Workers 325,000 0 0 3£ 1/10/31 1/10/48 5,687 10 0 Branch 100,000 0 0 3J 1/10/31 1/4/49 1,875 0 0 T ' — 7,562 10 0 Less amount recovered .. .... .. .. 7 xao 1 a a from State Advances * * '' Office (Advances to Workers Branch) Carried forward .. .. .. .. .. .. 10,775,637 4 8 2,724,473 6 8 8,051,163 18 0

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931- 1 9 3 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest—continued.

45

Rat* „ „ Gross Interest Uet Interest .~t Prinrinnl „„ Halt-yearly Maturity Amount of charged to „„„ . charged to Cent Due Date - Date. Interest. Ordinary Revenue Recoveries. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 10,773,637 4 82,724,473 6 88,051,163 18 0 Nbw Zealand StateGUABANTEED ADVANCES Act, 1909-10 Native Land Settlement 50,000 0 0 4 1/4/31 1/4/34 1,000 0 0 Branch 50,000 0 0 4 1/10/31 1/4/34 1,000 0 0 30,000 0 0 3f 1/4/31 1/4/49 562 10 0 30,000 0 0 3f 1/10/31 1/4/49 562 10 0 — 3,125 0 0 .. 3,125 0 0 Post AND Telegbaph ACT, 200,000 0 0 4 1/7/31 1/7/49 4,000 0 0 1908 200,000 0 0 4 1/1/32 1/7/49 4,000 0 0 — 8,000 0 0 .. 8,000 0 0 Public Revenues Amend- 1,846,467 8 7 * 1/6/31 .. 45,926 5 3 ment Act, 1914, section 45,926 5 3 .. 45,926 5 3 8 (Wab Expenses) Public Revenues Amend- 2,093,750 0 0 4 1/8/31 1/2/34 41,875 0 0 ment Act, 1915, section 2,093,750 0 0 4 1/2/32 1/2/34 41,875 0 0 5 (Wab EXPENSES) 7,239,707 2 5 * 1/6/31 .. 180,069 12 4 ■ 263,819 12 4 .. 263,819 12 4 Public Revenues Act, 1926, section 40 :— Interest on temporary .. .. .. .. 25 15 1 transfers between ac- 25 15 1 .. 25 15 1 counts (paid on behalf of Swamp Land Drainage Aocount) Public Revenues Act, .. .. .. .. 197,451 13 11 1926, section 41 (TBEA- 197,451 13 11 .. 197,451 13 11 suey Bills) Railways Impbovement 56,200 0 0 4 1/8/31 1/2/34 1,124 0 0 Authobization Act, 56,200 0 0 4 1/2/32 1/2/34 1,124 0 0 1914 11,340 0 0 4 1/7/31 1/7/49 209 12 1] 10,300 0 0 4 1/1/32 1/7/49 206 0 0 674,000 0 0 4 1/8/31 1/2/50 13,475 17 9 674,000 0 0 4 1/2/32 1/2/50 13,480 0 0 29,619 10 8' .. 29,619 10 8 Railways Impbovement 245,000 0 0 4 1/9/31 1/9/33 4.900 0 0 Authobization Act. 245,000 0 0 4 1/3/32 1/9/33 4,900 0 0 1914, and Finance Act, 90,000 0 0 4£ 1/9/31 1/9/33 2,025 0 0 1926, section 3 90,000 0 0 4| 1/3/32 1/9/33 2,025 0 0 13,850 0 0 .. 13,850 0 0 Railways Improvement 3,700 0 0 5| 15/2/31 15/2/37 101 15 0 Authorization Act, 56,750 0 0 ō| 15/8/31 15/2/37 1,560 12 6 1914, and Finance Act, 55,350 0 0 ō| 15/2/32 15/2/37 1,522 2 6| 1927 (No. 2), section 3 1,700 0 0 5J 1/3/31 1/9/37 46 15 0 13,450 0 0 5j 1/9/31 1/9/37 369 17 6 12,550 0 0 5| 1/3/32 1/9/37 345 2 6 3,946 5 0 .. 3,946 5 0 Rangitaiki LAND DBAIN- 5,000 0 0 5J- 1/9/31 1/3/33 131 5 0 AGE AMENDMENT ACT, 5,000 0 0 5£ 1/3/32 1/3/33 131 5 0 1913, AND AMENDMENTS 168,000 0 0 4 1/9/31 1/3/34 3,360 0 0 168,000 0 0 4 1/3/32 1/3/34 3,360 0 0 37,000 0 0 4£ 1/9/31 1/3/34 832 10 0 37,000 0 0 4| 1/3/32 1/3/34 832 10 0 » 8,647 10 0 .. 8,647 10 0 Rangitaiki Land Dbain- 24,000 0 0 4 1/6/31 1/12/50 480 0 0 ' age Amendment Act, 24,000 0 0 4 1/12/31 1/12/50 480 0 0 1913, AND FINANCE Act, 63,000 0 0 4 1/6/31 1/12/51 1,173 12 10 1920, SECTION 16 63,000 0 0 4 1/12/31 1/12/51 1,260 0 0 21,000 0 0 4J 1/6/31 1/12/51 389 3 2 13,000 0 0 4$ 1/12/31 1/12/51 292 10 0 4,075 6 0 .. 4,075 6 0 Rangitaiki Land Dbain- 82,000 0 0 4 1/6/31 1/12/51 1,640 0 0 age Amendment Act, 82,000 0 0 4 1/12/31 1/12/51 1,640 0 0 1913, AND Finance ACT, ' 3,280 0 0 .. 3,280 0 0 1921-22, section 23 Carried forward .. .. .. .. .. .. 11,357,404 2 ll|2,724,473 6 8 8,632,930 16 3 * £4 19s. S-88d. per cent.

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1 931 -1 932.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest—continued.

46

Act Pririciml ner Hall-yearly Maturity Amount of charged to „ , ehanred to FlCPal - cent. DueDate. Date. Interest. Ordinary Uevenue Becoveries. Orfinar/^vSnue Account. Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 11,357,404 2 11 2,724,473 6 8 8,632,930 16 3 Rangitaiki Land Dbain- 50,000 00 4 1/6/31 1/12/51 1,000 0 0 age Amendment Aot, 50,000 0 0 4 1/12/31 1/12/51 1,000 0 0 1913, and Finance Act, 2,000 0 0 .. 2,000 0 0 1923, section 5 Rangitaiki Land Dbain- 18,000 0 0 4 1/6/31 1/12/51 360 0 0 age Amendment Act, 18,000 0 0 4 1/12/31 1/12/51 360 0 0 1913, and Finance Act, . 720 0 0 j .. 720 0 0 1924, section 5 State Advances Act, 1913 :— Local Authorities Branch 230,000 0 0 3| 1/4/31 1/5/47 4,025 0 0 230,000 0 0 3$ 1/10/31 1/4/47 4,025 0 0 200,000 0 0 4- 1/6/31 1/6/51 4,000 0 0 200,000 0 0 4 1/12/31 1/6/51 4,000 0 0 10,000 0 0 4| 1/6/31 1/6/51 225 0 0 10,000 0 0 4§ 1/12/31 1/6/51 225 0 0 16,500 0 0 : Less amount recovered j .. .. .. .. .. .. 8,250 0 0 8,250 0 0 from State Advances Office (Advances to Local Authorities Branch) Advances to Settlers 3,250 0 0 5 1/8/31. 3/2/31 0 17 10 Branch 40,000 0 0 4£ 1/6/31 1/6/31 900 0 0 11,100 0 0 5| 15/8/31 15/8/33 291 7 6 10,100 0 0 5J 15/2/32 15/8/33 265 2 6 205,000 0 0 4£ 1/6/31 1/12/33 4,612 10 0 205,000 0 0 4| 1/12/31 1/12/33 4,612 10 0 105,000 0 0 4 1/7/31 1/1/34 2,100 0 0 105,000 0 0 4 1/1/32 1/1/34 2,100 0 0 49,000 0 0 4 1/8/31 1/2/34 980 0 0 49,000 0 0 4 1/2/32 1/2/34 980 0 0 22,950 0 0 5J 1/9/31 1/3/34 602 8 9 22,950 0 0 5J 1/3/32 1/3/34 602 8 9 55,000 0 0 4| 1/4/31 1/4/34 1,237 10 0 55,000 0 0 4£ 1/10/31 1/4/34 1,237 10 0 401,600 0 0 5£ 9/4/31 9/10/34 10,542 0 0 400,400 0 0 5| 9/10/31 9/10/34 10,510 10 0 5,700 0 0 4 1/9/31 1/3/35 128 5 0 5,700 0 0 4J 1/3/32 1/3/35 128 5 0 3,250 0 0 5 1/7/31 1/1/36 65 17 10 3,250 0 0 5 1/1/32 1/1/36 81 5 0 200 0 0 Si 1/8/29 1/2/36 5 10 0 200 0 0 5| 1/2/30 1/2/36 5 10 0 550 0 0 5| 1/8/30 1/2/36 15 2 6 5,400 0 0 5| 1/2/31 1/2/36 148 10 0 435,300 0 0 5J 1/8/31 1/2/36 11,970 15 0 413,600 0 0 5J 1/2/32 1/2/36 11,374 0 0 25,600 0 0 5J 1/9/31 1/3/36 672 0 0 25,600 0 0 5| 1/3/32 1/3/36 672 0 0 18,800 0 0 5 1/4/31 1/4/36 79 16 8 18,800 0 0 5 1/10/31 1/4/36 470 0 0 11,500 0 0 Ō1 15/2/31 15/2/37 294 13 9 118,500 0 0 5J 15/8/31 15/2/37 3,036 11 10 100,000 0 0 5J 15/2/32 15/2/37 2,562 9 5 1,300 0 0 5i 15/2/31 15/2/37 35 15 0 54,000 0 0 5£ 15/8/31 15/2/37 1,485 0 0 54,000 0 0 5J 15/2/32 15/2/37 1,485 0 0 1,100 0 0 5| 1/3/31 1/9/37 12 3 85,500 0 0 5J 1/9/31 1/9/37 1,626 17 2 73,250 0 0 5J 1/3/32 1/9/37 2,014 7 6 2,000 0 0 5| 1/2/31 1/2/51 55 0 0 103,500 0 0 5J 1/8/31 1/2/51 2,846 5 0 103,500 0 0 5J 1/2/32 1/2/51 2,846 5 0 573,200 0 0 4 1/6/31 1/6/51 9,862 11 10 265,740 0 0 4 1/12/31 1/6/51 1,625 2 2 1,096,180 0 0 4£ 1/6/31 1/6/51 24,664 1 0 1,156,180 0 0 4J 1/12/31 1/6/51 25,564 1 0 J _ 147,396 15 3 Less amount recovered .. .. .. .. .. .. 145,936 1 9 1,460 13 6 from State Advances Office (Advances to Settlers Branch) Carried forward .. .. .. .. .. .. 11,524,020 18 2 2,878,659 8 5 8,645,36J 9 9

B.—l [PT. ll],

PUBLIC ACCOUNTS, 1931-1 9 3 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest—continued.

47

Rate „ „ , ,, . .. . . „ Gross Interest Net Interest Act. Principal. per f. al f'?f a + rly M^ tu / y Amount of charged to Recoveries charged to Cent. Date. Date. Interest. Ordinary Revenue ' • Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. j 11,624,020 18 2 2,878,659 8 5 8,645,361 9 9 State Advances Act, 1913—continued. Advances to Workers 510 0 0 5 1/8/31 25/3/31 3 12 8 Branch 5,000 0 0 4J 1/7/31 1/7/31 112 10 0 5,000 0 0 44 1/9/31 1/9/31 112 10 0 40,000 0 0 5 1/6/31 1/12/31 1,000 0 0 40,000 0 0 5 1/12/31 1/12/31 1,000 0 0 40,870 0 0 5 1/8/31 1/2/32 1,021 15 0 40,870 0 0 5 1/2/32 1/2/32 1,021 15 0 600 0 0 fl-J 15/8/30 .15/2/32 Or. 15 15 0 1,550 0 0 5i 15/2/31 15/2/32 40 13 9 103,600 0 0 5J 15/8/31 15/2/32 2,719 10 0 103,700 0 0 5-1 15/2/32 15/2/32 2,722 2 6 670 0 0 5 15/8/31 22/4/32 16 15 0 670 0 0 5 15/2/32 22/4/32 16 15 0 240 0 0 5 15/8/31 29/4/32 6 0 0 24-0 0 0 5 15/2/32 29/4/32 6 0 0 65,330 0 0 5 1/6/31 1/6/32 1,633 5 0 65,330 0 0 5 1/12/31 1/6/32 1,633 5 0 470 0 0 5 15/8/31 16/6/32 11 15 0 470 0 0 5 15/2/32 16/6/32 11 15 0 10,000 0 0 5 1/7/31 1/7/32 250 0 0 10,000 0 0 5 1/1/32 1/7/32 250 0 0 750 0 0 5 15/8/31 28/7/32 18 15 0 750 0 0 5 15/2/32 28/7/32 18 15 0 970 0 0 5 15/8/31 1/9/32 24 5 0 970 0 0 5 15/2/32 1/9/32 24 5 0 27,230 0 0 5 1/9/31 1/9/32 680 15 0 27,230 0 0 5 1/3/32 1/9/32 680 15 0 600 0 0 5i 15/8/30 15/8/33 15 15 0 5,500 0 0 6i 15/2/31 15/8/33 144 7 6 612,620 0 0 5J 15/8/31 15/8/33 16,081 5 6 599,520 0 0 5| 15/2/32 15/8/33 15,737 8 0 25,000 0 0 4 1/8/31 1/2/34 500 0 0 25,000 0 0 4 1/2/32 1/2/34 500 0 0 27,200 0 0 5i 1/8/31 1/2/34 714 0 0 27,200 0 0 5-|; 1/2/32 1/2/34 714 0 0 31,400 0 0 5£ 1/6/31 1/12/34 824 5 0 31,400 0 0 5£ 1/12/31 1/12/34 824 5 0 3,750 0 0 44 1/7/31 1/1/35 84 7 6 3,750 0 0 4i 1/1/32 1/1/35 84 7 6 15,000 0 0 5J 1/4/31 1/4/35 393 15 0 15,000 0 0 5i 1/10/31 1/4/35 393 15 0 28,100 0 0 5i 1/7/31 1/7/35 737 12 6 28,100 0 0 5J 1/1/32 1/7/35 737 12 6 70,000 0 0 5-J 1/9/31 1/9/35 1,837 10 0 70,000 0 0 51 i 1/3/32 1/9/35 I 1,837 10 0 8,000 0 0 4J 1/6/31 1/12/35 I ISO 0 0 8,000 0 0 4J 1/12/31 1/12/35 ! 180 0 0 19,400 0 0 5 1/7/31 1/1/36 485 0 0 19,400 0 0 5 1/1/32 1/1/36 485 0 0 6,700 0 0 4J 1/8/31 1/2/36 57 7 2 11,700 0 0 4J 1/2/32 1/2/36 245 1 3 11,250 0 0 5 1/8/31 1/2/36 281 5 0 51,250 0 0 5 1/2/32 1/2/36 620 19 6 300 0 0 5J 1/8/29 1/2/36 8 5 0 300 0 0 54 1/2/30 1/2/36 8 5 0 300 0 0 54 1/8/30 1/2/36 8 5 0 8,100 0 0 54 1/2/31 1/2/36 222 15 0 262,350 0 0 5* 1/8/31 1/2/36 7,214 12 6 257,300 0 0 o| 1/2/32 1/2/36 7,075 15 0 510 0 0 5 1/4/31 1/4/36 0 9 9 510 0 0 5 1/10/31 1/4/36 12 15 0 300 0 0 54 15/2/31 15/2/37 7 13 9 55,150 0 0 15/8/31 15/2/37 1,413 5 0 55,150 0 0 54 15/2/32 15/2/37 1,413 3 9 18,850 0 0 5| 15/2/31 15/2/37 518 7 6 199,800 0 0 54 15/8/31 15/2/37 5,494 10 0 182,650 0 0 54 15/2/32 15/2/37 5,022 17 6 12,700 0 0 5| 1/3/31 1/9/37 348 18 2 178,750 0 0 54 1/9/31 1/9/37 4,915 12 6 139,000 0 0 54 1/3/32 1/9/37 3,822 10 0 23,340 0 0 5 1/8/31 1/2/50 583 10 0 23,340 0 0 5 1/2/32 1/2/50 583 10 0 400,000 0 0 44 1/5/31 1/5/50 9.000 0 0 400,000 0 0 44 1/11/31 1/5/50 9,000 0 0 400,000 0 0 44 1/8/31 1/8/50 9,000 0 0 400,000 0 0 44 1/2/32 1/8/50 9,000 0 0 50,000 0 0 44 1/5/31 1/11/50 1,125 0 0 50,000 0 0 44 1/11/31 1/11/50 1,125 0 0 Carried forward .. .. .. I .. 136,643 3 3 11,524,020 18 2 '2,878,659 8 5 8,645,361 9 9 I I 1 I I

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-1 9 3 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services—Interest —continued.

48

t> t Gross Interest Net Interest »pt Prinnmni „„ HaI '-y e » ri y Maturity Amount of charged to bmmtwIm charged to Act - Principal. per Dae Date Date- Interest. Ordinary Revenue Recoveries, ordinary Revenue uem ' Account. Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. 136,643 3 3 11,524,020 18 2 2,878,659 8 5 8,645,361 9 9 State Advances Act, 1913 — continued. Advances to Workers 500 0 0 5J 1/8/31 1/2/51 I 13 15 0 Brunch—continued. 500 0 0 s| 1/2/32 1/2/51 13 15 0 50,000 0 0 ! 4 1/6/31 1/6/51 1,000 0 0 50,000 0 0 4 1/12/31 1/6/51 1,000 0 0 1,034,700 0 0 4J 1/6/31 1/6/51 I 23,280 15 0 1,034,700 0 0 4 1/12/31 1/6/51 i 23,280 15 0 1,670 0 0 44 1/9/31 1/9/51 37 11 6 1,670 0 0 4J 1/3/32 1/9/51 37 11 6 ■ 185,307 6 3 Less amount recovered .. .. .. .. .. .. 185,920 13 11 Cr. 613 7 8 from State Advances Office (Advances to Workers Branch) Swamp Drainage Aot, 1915 11,000 0 0 4 1/5/31 1/5/31 220 0 0 15,000 0 0 ! 4 1/5/31 1/5/50 300 0 0 26,000 0 0 4 1/11/31 1/5/50 520 0 0 20,000 0 0 4i 1/5/31 1/5/50 450 0 0 20,000 0 0 4J 1/11/31 1/5/50 450 0 0 1 1,940 0 0 .. 1,940 0 0 Swamp Drainage Act, 1915, 246,000 0 0 4 1/5/31 1/5/31 4,920 0 0 and Appropriation Act, 5,000 0 0 4J 1/5/31 1/5/31 112 10 0 1918, section 46 12,750 0 0 5J 1/7/31 1/7/36 36 13 6 12,750 0 0 5£ 1/1/32 1/7/36 334 13 9 41,000 0 0 4 1/7/31 1/1/49 820 0 0 41,000 0 0 4 1/1/32 1/1/49 820 0 0 196,000 0 0 4 1/5/31 1/5/50 3,636 3 3 447,000 0 0 4 1/11/31 1/5/50 8,940 0 0 48,000 0 0 4J 1/5/31 1/5/50 945 12 4 28,000 0 0 4J 1/11/31 1/5/50 630 0 0 45,000 0 0 4 1/9/31 1/3/51 867 18 10 45,000 0 0 4 1/3/32 1/3/51 900 0 0 22,963 11 8 .. 22,963 11 8 Waihou and Ohinemuri 100,000 0 0 4 1/8/31 1/8/33 2,000 0 0 Rivers Improvement 100,000 0 0 4 1/2/32 1/8/33 2,000 0 0 Act, 1910 50,000 0 0 4 1/8/31 1/8/50 1,000 0 0 50,000 0 0 4 1/2/32 1/8/50 1,000 0 0 6,000 0 0 .. 6,000 0 0 Waihou and Ohinemtjri 129,925 0 0 4 1/8/31 1/8/50 2,454 10 5 Rivers Improvement 129,925 0 0 4 1/2/32 1/8/50 2,598 10 0 Act, 1910, and Finance 60,500 0 0 4J 1/8/31 1/8/50 606 3 9 Act, 1919, suction 6 20,075 0 0 44 1/2/32 1/8/50 451 13 9 6,110 17 11 .. 6,110 17 11 Waihou and Ohinemtjri 150,000 0 0 4 1/8/31 1/2/50 3,000 0 0 Rivers Improvement 150,000 0 0 4 1/2/32 1/2/50 3,000 0 0 Act, 1910, and Finance 6,000 0 0 .. 6,000 0 0 Act, 1922, section 16 Waihou and Ohinemuri 35.000 0 0 5£ 15/8/31 15/2/37 962 10 0 Rivers Improvement 35,000 0 0 5J 15/2/32 15/2/37 962 10 0 Act, 1910, and Finance 115,000 0 0 4 1/8/31 1/2/50 2,300 0 0 Act, 1924, section 6 115,000 0 0 4 1/2/32 1/2/50 2,300 0 0 ■ 6,525 0 0 .. 6,525 0 0 Waihou and Ohinemuri 70,000 0 0 4 1/8/31 1/2/33 1.400 0 0 Rivers Improvement 70,000 0 0 4 1/2/32 1/2/33 1,400 0 0 Act, 1910, and Finance 5,000 0 0 4 1/7/31 1/1/49 100 0 0 Act, 1926, section 7 5,000 0 0 4 1/1/32 1/1/49 100 0 0 5,000 0 0 4 1/7/31 1/7/49 100 0 0 5,000 0 0 4 1/1/32 1/7/49 100 0 0 10,625 0 0 4 1/4/31 1/10/49 212 10 0 10,625 0 0 4 1/10/31 1/10/49 212 10 0 9,375 0 0 4 1/9/31 1/3/51 180 16 5 9,375 0 0 4 1/3/32 1/3/51 187 10 0 ■ 3,993 6 5 .. 3,993 6 5 Carried forward .. .. .. .. .. .. 11,762,861 0 5 13,064,580 2 4 8,698,280 18 1

B.—l [PT. ll],

PUBLIC ACCOUNTS, 193 1-1 932.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

7—B. 1 [PT. ll].

49

Gross Interest Net Interest _ . . , Eate Half-yearly Maturity Amount of charged to Recoveries ~ charged to Act. Principal. per Due Date Dat& Interest. Ordinary Revenue • Ordinary Revenue Cent. Account. Account. - £ g i £ s. d. £ s. d. £ s. d. £ s. d, Brought forward .. .. .. .. 11,762,861 0 5 3,064,580 2 4 8,698,280 18 1 War Purposes Loan Act, 1,000 0 0 6 1/2/31 1/8/31 30 0 0 1917 9,000 0 0 6 1/8/31 1/8/31 270 0 0 100 0 0 5J 15/2/29 15/8/33 2 12 6 100 0 0 5-1- 15/8/29 15/8/33 2 12 6 100 0 0 5} 15/2/30 15/8/33 2 12 6 200 0 0 51 15/8/30 15/8/33 5 5 0 4,100 0 0 5i 15/2/31 15/8/33 107 12 6 132,200 0 0 51 15/8/31 15/8/33 3,470 5 0 128,550 0 0 5J 15/2/32 15/8/33 3,374 8 9 90,000 0 0 4 1/8/31 1/2/34 1,474 11 10 66,150 0 0 4 1/2/32 1/2/34 1,323 0 0 300 0 0 44 15/5/19 15/11/38 6 15 0 300 0 0 4J 15/11/19 15/11/38 6 15 0 300 0 0 44 15/5/20 15/11/38 6 15 0 300 0 0 4J 15/11/20 15/11/38 6 15 0 300 0 0 44 15/5/21 15/11/38 6 15 0 300 0 0 44 15/11/21 15/11/38 6 15 0 300 0 0 44 15/5/22 15/11/38 6 15 0 300 0 0 4 15/11/22 15/11/38 6 15 0 300 0 0 4i 15/5/23 15/11/38 6 15 0 300 0 0 44 15/11/23 15/11/38 6 15 0 300 0 0 41 15/5/24 15/11/38 6 15 0 300 0 0 4 15/11/24 15/11/38 6 15 0 400 0 0 4J 15/5/25 15/11/38 9 0 0 300 0 0 44 15/11/25 15/11/38 6 15 0 300 0 0 44 15/5/26 15/11/38 6 15 0 500 0 0 44 15/11/26 15/11/38 11 5 0 500 0 0 44 15/5/27 15/11/38 11 5 0 500 0 0 44 15/11/27 15/11/38 11 5 0 500 0 0 44 15/5/28 15/11/38 11 5 0 700 0 0 44 15/11/28 15/11/38 15 15 0 1,000 0 0 U 15/5/29 15/11/38 22 10 0 1,200 0 0 44 15/11/29 15/11/38 27 0 0 1,600 0 0 44 15/5/30 15/11/38 36 0 0 15,800 0 0 44 15/11/30 15/11/38 355 10 0 4,237,500 0 0 44 15/5/31 15/11/38 95,343 15 0 4,197,600 0 0 41 15/11/31 15/11/38 94,446 0 0 4 313 819 11 6 *" 1/6/31 .. 107,295 9 6 ' W — 307,753 10 1 .. 307,753 10 1 I War Purposes Loan Act, 100 0 0 5 15/5/25 15/11/27 2 10 0 1917, and FINANCE Act, 200 0 0 5 15/11/25 15/11/27 5 0 0 1917, section 68 500 0 0 5 15/5/26 15/11/27 1- 10 0 800 0 0 5 15/11/26 15/11/27 20 0 0 800 0 0 5 15/5/27 15/11/27 20 0 0 800 0 0 5 15/11/27 15/11/27 20 0 0 gQ o q gQ q q I Wellington and Mana- 500,000 0 0 4 1/9/31 1/3/51 10,000 0 0 watu Railway Pur- 500,000 0 0 4 1/3/32 1/3/51 10.I chase Act, 1908 ' ' Westport Harbour Act, 1920 j- 4 — Westport Harbour Board 482,750 0 0 4 1/7/31 1/1/49 9,655 0 0 Act, 1884, and Loan 482,750 0 0 4 1/1/32 1/1/49 9,655 0 0 Acts, 1896, 1897, and 19,310 O O 1900 . .. 5,679 8 3+ 13,630 11 9 Less amount re- .. •• •• •• •• »i covered from Westport Harbour Account Carried forward j •• I " WW* 10 6 3,070,259 10 7 9,039,744 19 11 * £4 19s. 5-88d. per cent. t Recovery in respect of f§ of the loan only apportioned to Westport Harbour Account, pursuant to section 3, Westport Harbour Amendment Act, 1926.

8.-l [Pt. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Debt Services —Interest —continued.

50

-d Gross Interest Net Interest irt Principal ner Half-yearly Maturity Amount of charged to Becnwries charged to A c ' i J ' Due Date. Date. Interest. Ordinary Revenue Ordinary Revenue Account. Account. ■ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 12,110,004 10 6 3,070,259 10 7 9,039,744 19 11 Westpobt Habboub Act, 1920—continued. Westport Harbour Board 200,000 0 0 5 15/8/31 15/2/45 5,000 0 0 Loan Act, 1908 200,000 0 0 5 15/2/32 15/2/45 5,000 0 0 10,000 0 0 Less amount re- .. .. .. .. .. .. 2,941 3 6* 7,058 16 6 covered from Westport Harbour Account State Advances Debt :— Government Advances to Settlers Act, 1908, — Advances to Settlers.. 12,900 0 0 4 1/7/31 1/1/34 258 0 0 12,900 0 0 4 1/1/32 1/1/34 258 0 0 51,000 0 0 4 1/8/31 1/2/34 1,020 0 0 51,000 0 0 4 1/2/32 1/2/34 1,020 0 0 2,556 0 0 Less amount re- .. .. .. .. .. .. 2,556 0 0 covered from State Advances Office (Advances to Settlers Branch) New Zealand Stateguaranteed Advances Acts, 1909-10, — Advances to Settlers 752,093 15 0 4J 1/8/31 1/2/34 16,922 2 2 Branch 752,093 15 0 4| 1/2/32 1/2/34 16,922 2 2 1,762,626 5 3 4J 1/6/31 1/12/45 39,659 1 10 73,503 6 2 Less amount re- .. .. .. .. .. .. 73,503 6 2 covered from State Advances Office (Advances to Settlers Branch) Advances to Workers 200,000 0 0 4 1/8/31 1/2/34 4,000 0 0 Branch 200,000 0 0 4 1/2/32 1/2/34 4,000 0 0 5,406 5 0 4| 1/8/31 1/2/34 121 12 10 5,406 5 0 4J 1/2/32 1/2/34 121 12 10 328,282 16 6 4f 1/6/31 1/12/45 7,386 7 3 15,629 12 11 Less amount re- .. .. .. .. .. .. 15,629 12 11 covered from State Advances Office (Advances to Workers Branch) 12,211,693 9 7 3,164,889 13 2 9,046,803 16 5 Amount recovered from State Advances Office (Housing Branch) under the authority of the Housing Act, 1919, section 29 (/), which cannot be allotted to any particular authorizing Acts, being interest at 4 per cent, on £319,918 Is. 7d., expended from Public Works Fund under Vote " Workers' Dwellings." (On account of £12,796 14s. 6d.), — For year 1930-31 .. .. .. .. .. .. .. 9,295 2 5 For year 1931-32 .. .. .. .. .. .. .. 2,483 17 1 Or.11,778 19 6 Total interest.. .. .. .. .. .. 12,211,693 9 7 3,176,668 12 8 9,035,024 16 11 Less Premium on Exchange .. .. .. .. 10,678 5 10 .. 10,678 5 10 12,201,015 3 9 3,176,668 12 8 9,024,346 11 1 Finance Act, 1932, section 55— Premium on Exchange transferred to "Other Receipts, .. 3,843 16 7 .. 3,843 16 7 Miscellaneous " Premium on Exchanget ransferred to Deposits Account for .. 6,834 9 3 .. 6,834 9 3 payment to State Advances Office 12,211,693 9 7 3,176,668 12 8 9,035,024 16 11 * Recovery in respect of ff of the loan only apportioned to Westport Harbour Account, pursuant to section 3, Westport Harbour Amendment Act, 1926.

B.—l [PT ll].

PUBLIC ACCOUNTS, 1931-1932.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) under SPECIAL ACTS of the LEGISLATURE and of RECOVERIES in respect of such DISBURSEMENTS for the FINANCIAL YEAR ended 31st March, 1932. Debt Services.

51

Gross Amount Net Amount charged to Recoveries „ charged to Ordinary Revenue ecovenes. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. Interest (details as shown in foregoing statement) .. 12,211,693 9 7 3,176,668 12 8 9,035,024 16 11 AMORTIZATION OF DEBT. Sinking Fund. Finance Act, 1928, section 13 : — Westport Harbour Act, 1920, — Westport Harbour Board Act, 1884— Sinking Fund in respect of loans raised by Westport Harbour Board —■ Annual payment in terms of section 13 (4) (a) .. 7,000 0 0 Less amount recovered from Westport Harbour Account .. 4,117 13 0* 2,882 7 0 Amount paid in terms of section 13 (4) (c), being 4| per cent, in respect of £21,600 paid by the Public Trustee during the year for redemption of loans . . .. .. .. ■. 119 16 8 Less amount recovered from Westport Harbour Account .. . • 70 9 9* 49 6 11 Amount paid in terms of section 13 (4) (d), being per cent, in respect of £17,250 paid by the Public Trustee to 31st March, 1931, for redemption of loans .. .. .. • • 776 5 0 Less amount recovered from Westport Harbour Account • ■ 456 12 4* 319 12 8 Total, Sinking Fund .. .. 7,896 1 8 4,644 15 1* 3,251 6 7 Repayment of Funded Debt. Repayment of Funded Debt (in terms of section 8 of the Finance Act, 1922, under Memorandum of Agreement with the Imperial Government dated 6th September, 1922) Finance Act, 1916 (section 35), (War Expenses) .. 36,879 4 7 Finance Act, 1918 (section 10), (War Expenses) .. 51,385 1 3 Public Revenues Amendment Act, 1914 (section 8), (War Expenses) .. .. .. •• • • 16,096 1 4 Public Revenues Amendment Act, 1915 (section 5), (War Expenses) .. .. .. .. ... 63,110 2 8 War Purposes Loan Act, 1917 .. .. .. 37,604 10 6 205,075 0 4 Aid to Public Works and Land Settlement Act, 1910 .. 1,487 2 8 Land for Settlements Act, 1908 .. .. .. 294 2 6 Naval Defence Act, 1909 .. .. .. .. 14,178 14 9 Instalment for half-year ended 1st June, 1931f .. 221,035 0 3 Less amounts recouped from Land for Settlements Account — For half-year ended 1st June, 1931 .. .. •• 294 2 6 220,740 17 9 Total, Repayment of Funded Debt .. 221,035 0 3 294 2 6 220,740 17 9 Repayment of the Public Debt Act, 1925, Repayment of the Public Debt Act, 1925 Section 11 (a), — Amount transferred to the Public Debt Repayment Account, being contribution for the Year 1931-32 of J per cent, on the public debt within the meaning of the Act outstanding at 31st March, 1931 (J per cent. on £203,291,503 15s. 8d.) .. .. .. 1,016,457 10 5 Amount transferred to the Public Debt Repayment Account, being contribution of •£ per cent, on £6,245,963 debt redeemed under the Act to 31st March, 1931 .. .. .. •• 31,229 16 7 Carried forward .. .. .. 1,047,687 7 0 Carried forward .. .. .. 12,440,624 11 6 3,181,607 10 3 9,259,017 1 3 * Recovery in respect of of loan only apportioned to Westport Harbour Account, pursuant to section 3, Westport Harbour Amendment Act, 1926. t Payments suspended following Hoover proposals regarding war debts.

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-1 932.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE—continued. Debt Services —continued.

52

Gross Amount Net Amount charged to T! pcnvpripi charged to Ordinary Revenue Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 12,440,624 11 6 3,181,607 10 3 9,269,017 1 3 AMORTIZATION OF DEBT—continued. Repayment of the Public Debt Act, 1925—continued. Brought forward .. .. .. 1,047,687 7 0 Repayment oe the Public Debt Act, 1925—continued. Section 11 (b), — Amount transferred to the Public Debt Repayment Account, being contribution of 3J per cent, on £6,245,963, debt redeemed under the Act to 31st March, 1931 .. .. .. .. .. 218,608 14 1 Amount transferred to the Public Debt Repayment Account, being contribution of 3J per cent, on £1,264,330, debt redeemed under the Act during the year 1931-32, computed from the dates of redemption to 31st March, 1932 .. .. .. .. 12,903 18 4 1,279,199 19 5 Less Reparation moneys credited pursuant to Finance Act, 1931 (No. 2), section 3 .. .. .. 88,471 1 10 1,190,728 17 7 Total, Repayment of the Public Debt Act, 1925 .. .. .. 1,279,199 19 5 88,471 1 10 1,190,728 17 7 Securities redeemed. Securities redeemed :—- New Zealand Loan Act, 1863 — 5-per-cent. Debentures matured 15th July, 1914, written off the Public Debt in 1925-26, now presented and paid 600 0 0 .. 600 0 0 Finance Act, 1915, section 105 (Public Works) — 4|-per-cent Debentures matured 15th December, 1925, now presented and paid.. .. .. .. 10 0 0 .. 10 0 0 Total, Securities redeemed .. .. 610 0 0 .. 610 0 0 Transfer to Loans Redemption Account. Public Revenues Act, 1926, section 135 (4) :— Amount transferred to the Loans Redemption Account for the redemption of Main Highways loans, representing proportion of the interest on the balance of the Loans Redemption Account earned by moneys held in that account for the redemption of Main Highways loans .. .. .. .. .. 6,583 4 7 163 4 6 6,420 0 1 Total, Transfer to Loans Redemption Account .. .. .. 6,583 4 7 163 4 6 6,420 0 1 ADMINISTRATION AND MANAGEMENT. Finance Act, 1926 :— Section 23 (3), —■ Stamp duty on transfers of New Zealand Consolidated Stock .. .. .. .. .. 6,473 0 0 Less Amounts recovered from— £ s. d. Electric-supply Account .. 171 9 8 Discharged Soldiers Settlement Account .. .. .. 85 14 11 Land for Settlements Account .. 7 15 11 Native Land Settlement Account 154 5 10 State Advances Account— Settlers Branch .. .. 1,098 13 4 Workers Branch .. .. 576 10 0 State Forests Account .. 68 11 11 Swamp Land Drainage Account 17 2 10 .. 2,180 4 5 4,292 15 7 Finance Act, 1928, section 9 : — Charges and expenses of paying off securities, and raising redemption loans — Aid to Public Works and Land Settlement Act, 1903 .. 0 16 6 Aid to Public Works and Land Settlement Act, 1914 .. 654 8 0 Finance Act, 1915, section 105 (Public Works) .. 11 7 6 Finance Act, 1916, section 35 (War Expenses) .. 393 18 0 Finance Act, 1918, section 10 (War Expenses) .. 2 18 0 Finance Act, 1918 (No. 2), section 29 (Public Works) .. 2,080 10 1 Finance Act, 1918 (No. 2), section 31 (Discharged Soldiers Settlement) .. .. .. .. .. 212 10 0 Finance Act, 1920, section 15 (Public Works) .. 1,221 7 8 4,577 15 9 .. 4,577 15 9 Carried forward .. .. .. 11,050 15 9 2,180 4 5 8,870 11 4 Carried forward .. .. .. 13,727,017 15 6 3,270,241 16 7 10,456,775 18 11

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-1932.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE—continued. Debt Services —continued.

53

Gross Amount Net Amount ! charged to "Recoveries charged to I Ordinary Revenue recoveries. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. Brought forward .. .. 13,727,017 15 6 3,270,241 16 7 10,456,775 18 11 ADMINISTRATION AND MANAGEMENT—continued'. Brought forward .. .. 11,050 15 9 2,180 4 5 8,870 11 4 New Zealand Loans Act, 1908 : — Section 26,— Amount paid Bank of England for year ended 31 October, 1931, for management of New Zealand Consolidated Stock.. .. .. .. 36,991 15 2 Less amounts recovered from — £ s. d. Discharged Soldiers Settlement Account .. .. .. 78 11 11 Electric Supply Account .. 2,353 16 11 Land for Settlements Account .. 720 17 7 Main Highways Account .. 165 0 8 Native Land Settlement Account .. 215 16 8 State Coal-mines Account .. 15 10 0 State Forests Account .. .. 63 8 5 State Advances Department—Settlers Branch .. .. 2,531 15 8 Workers Branch .. .. 1,234 19 0 Local Authorities Branch .. 299 1 3 Swamp Land Drainage Account .. 15 4 3 .. 7,694 2 4 29,297 12 10 Total, Administration and management 48,042 10 11 9,874 6 9 38,168 4 2 PAYMENTS ON GUARANTEED LOANS. Finance Act, 1928, section 36 :— Principal and interest paid to Public Trustee in respect of loans of £40,000 and £20,000 to the Tongariro National Park Board, guaranteed by the Government — Principal— £ s. d. 5th instalment on £40,000 loan .. 176 10 1 3rd instalment on £20,000 loan .. 83 3 9 259 13 10 Interest —- 5th instalment on £40,000 loan .. 1,180 6 4 3rd instalment on £20,000 loan .. 595 4 6 Interest due on balance of £40,000 and £20,000 loans to date of repayment* 1,131 16 5 ■ 2,907 7 3 Land Settlement Finance Act, 1909: —- 3,167 1 1 Section 13 (1), —- Interest and principal in arrear made good under Government guaranteeClifton Grove Land Settlement Association .. 369 13 5 Kelman Land Settlement Association .. .. 215 14 5 Komata South Land Settlement Association .. 2,957 7 5 Korokipo Land Settlement Association .. .. 737 9 6 Moorfield Land Settlement Association .. .. 2,199 3 5 Nikau Grange Land Settlement Association .. 7,028 9 9 Tainui Land Settlement Association .. .. 9 6 1 Trentham Land Settlement Association .. .. 275 0 0 13,792 4 0 Less Repayment by Associations under subsection (5) — Clifton Grove Land Settlement Association .. .. 408 14 7 Moorfield Land Settlement Association .. .. 117 5 1 Nikau Grange Land Settlement Association .. .. 149 5 9 675 5 5 13,116 18 7 Local Bodies' Loans Amendment Act, 1908 :— Section 10,— Subsidies on instalments of sinking fund— Cambridge Borough Council, due 30 April, 1931 .. 25 0 0 Grey Lynn Borough Council, due 1 April, 1931 .. 225 0 0 Levin Borough Council, due 1 April, 1931 .. 135 0 0 Port Chalmers .. .. .. .. 17 10 0 Taihape Borough Council, due 1 April, 1931 .. 125 0 0 .. 527 10 0 Local Bodies' Loans Act, 1926, section 76 :— Payments to State Advances Office by way of subsidy on instalments due by local authorities in respect of loans for roading outlying districts .. .. .. 233 17 0 .. 233 17 0 Total, Payments on Guaranteed Loans 17,720 12 1 675 5 5 17,045 6 8 TOTAL, DEBT Services .. .. 13,792,780 18 6 3,280,791 8 9 10,511,989 9 9 * £39,167 8s. 4d., balance of £40,000 loan, and £19,757 12s. 9d., balance of £20,000 loan, was paid to the Public Trustee from Public Works Fund, Vote 54, Development of Tourist Resorts, Item 2.

B. —1 [PT. ll],

PUBLIC ACCOUNTS, 1 931-1 932.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) under SPECIAL ACTS of the LEGISLATURE and RECOVERIES in respect of such DISBURSEMENTS for the FINANCIAL YEAR ended 31st March, 1932. Other Services.

54

Gross Amount Net Amount * 4. charged to charged to Act. Ordinary Revenue Ordinary Revenue Account. Account. HOSPITALS AND CHARITABLE INSTITUTIONS. £ s. d. £ s. d. £ s. d. Grants and Subsidies. Hospitals and Charitable Institutions Act, 1926 :— Subsidies, — £ s - d. Hawke's Bay Children's Home .. 792 10 10 Jubilee Institute for the Blind .. 2,665 1 3 Wellington Convalescent Home .. 133 2 5 Wellington Ladies' Christian Association 200 0 0 Hospital Boards .. .. ..639,018 7 II 1 642,809 2 5 .. 642,809 2 5 Total, Hospitals and Charitable Institutions .. .. 642,809 2 5 . -. 642,809 2 5 EDUCATION|(Grants and Subsidies). Education Boards, &c. Education Act," 1914 : — Education Boards, — Public Primary Schools —Subsidies on bequests and voluntary contributions.. .. .. .. 889 6 5 Technical Instruction — Subsidies on bequests and voluntary contributions.. .. .. •• 154 18 4 Secondary Schools —Subsidies on bequests and voluntary contributions .. .. •• 1,087 18 11 National Scholarships—Grants for f junior and senior scholarships .. .. .* •• •• 9,786 12 9 — 11,918 lb o Land Aot, 1924 : — Section 297 (&),— Transfer to Vote, Education Department, of the residue to 31 March, 1931, of National-endowment Revenue 68,035 17 7 .. 68,035 17 7 Marlborough High School Act, 1899 Grant to Marlborough High School for year 1931-32 .. 360 0 0 .. 360 0 0 University Colleges. Auckland University College Act, 1882:— ' Grant to Auckland University College for year 1931-32 .. 3,443 10 8 .. 3,443 10 8 Land Act, 1924, Section 297 (a), and New Zealand University Amendment Act, 1914, Section 32 :— Payment to Universities of portion of National-endowment Revenue, — Auckland University College .. .. . • 1,889 17 8 Victoria University College .. .. •• 1,889 17 8 Canterbury College .. .. 1,889 17 8 University of Otago .. .. •• •• 1,889 17 8 New Zealand University .. .. ■■ •• 3,779 15 7 New Zealand University Amendment Act, 1914: — Section 16, — University National Scholarships .. .. .. 4,094 0 9 Section 28, — University Bursaries .. ..' •• •• 9,357 2 J J . .. 13,451 3 6 New Zealand University Amendment Act, 1919 :— Section 4, —■ Annual grants for workers' extension lectures — Auckland University College .. .. • • 106 8 0 Victoria University College .. ■. ■ • 436 0 0 Canterbury College .. • • • ■ ■ • 450 0 0 University of Otago .. .. • • - • 427 6 8 j 71J) 14 g Carried forward .. .. •• 110,268 9 1 .. 110,268 9 1 Carried forward .. . • • • 642,809 2 5 •' 642,809 2 5

B.—l [PT. ll].

PUBLIC ACCOUNTS, 19 3 1-1 9 32.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Other Services —continued.

55

Gross Amount Net Amount Act „ charged to lWnv»ri«« charged to Ordinary Revenue recoveries. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 642,809 2 5 .. 642,809 2 5 EDUCATION (Grants and Subsidies)—continued. Brought forward .. .. .. 110,268 9 1 .. 110,268 9 1 University Colleges—continued. New Zealand Univebsity Amendment Act, 1928:— Section 7, — Annual grants— Auckland University College .. .. .. 7,317194 Victoria University College .. .. .. 5,961 12 4 Canterbury College .. .. .. .. 5,400 0 0 University of Otago .. .. .. .. 13,815 0 0 .. 32,494 11 8 Victoria College Act, 1905, and Queen's Scholarships Act, 1906 :— Section 3, — Payment to Victoria College of grant for year 1931-32.. 3,470 5 8 .. 3,470 5 8 ■ Agricultural Colleges. Canterbury Agricultural College Act, 1930 : — Section 30 (2) (b), — Subsidies on voluntary contributions .. .. 14 3 6 .. 14 3 6 Massey Agricultural College Act, 1926 :— Section 23, — Annual grant towards maintenance of College .. 12,625 0 0 .. 12,625 0 0 TOTAL, Education .. .. 158,872 9 1 1 .. 158,872 9 11 OTHER GRANTS AND SUBSIDIES. Contributions, &c., to Superannuation Funds. Public Service Superannuation Act, 1927 :— ■ Section 50, — Annual contribution to Public Service Superannuation Fund .. .. .. .. .. 86,000 0 0 Less amounts recovered from— £ s. d. Post and Telegraph Department 32,219 11 2 Government Life Insurance Department .. .. .. 599 5 0 Public Trustee .. .. 3,251 0 10 State Coal-mines Account .. 155 15 6 State Fire Insurance Office .. 650 15 10 State Forest Service .. .. 756 1 8 Native Trustee .. .. 179 14 11 State Advances Office.. .. 486 1 2 New Zealand Meat-producers' Board 12 5 6 Westport Harbour Account .. 134 8 7 Electric-supply Account .. 1,205 10 8 .. 39,650 10 10 46,349 9 2 Section 112, — Annual contribution to Teachers'Superannuation Fund 43,000 0 0 .. 43,000 0 0 Section 114, — Payments to Superannuation Funds to meet increased superannuation allowance to widows and child- I ren— Public Service Superannuation £ s. d. Fund .. .. .. 15,872 12 6 Teachers' Superannuation Fund .. 3,934 16 1 19,807 8 7 Less amounts recovered from — Post and Telegraph Department 4,809 16 9 Government Life Insurance Department .. .. .. 100 1 9 Public Trustee ... .. 132 15 7 State Forest Service .. .. 84 19 5 State Advances Office .. 13 0 0 .. 5,140 13 6 14,666 15 1 Carried forward .. .. .. 148,807 8 7 44,791 4 4 104,016 4 3 Carried forward .. .. .. 801,681 12 4 .. 801,681 12 4

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-1932.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Other Services —continued.

56

Gross Amount Net Amount . . charged to Ucmvpriei „ charged to A °t. Ordinary Revenue recoveries. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ a. d. Brought forward .. .. •• 801,681 12 4 .. 801,681 12 4 OTHER GRANTS AND SUBSIDIES —continued. Brought forward .. .. •• 148,807 8 7 44,791 4 4 104,016 4 3 Subsidies and Allowances, National Provident Fund. National Peovident Fund Act, 1926 :— Section 42 (2), — Maternity allowances for friendly societies .. .. 36,726 0 0 Section 52, — Subsidy on total contribution from approved friendly societies for year ended 31 December, 1930 .. 654 2 5 Section 70, — Maternity allowances .. .. .. • • 6,664 0 0 Section 74 (2), — Subsidy on contributions to the fund .. .. 50,688 9 1 Subsidy to Unemployment Fund. Unemployment Act, 1930:— „ Section 3 (3) .. .. •• •• • • 1,118,752 15 6 .. 1,118,752 15 6 Payment to Racing Clubs of Proportion o{ Totalizator Duty. Finance Act, 1925 :— Section 8, — Refunds to racing clubs of proportion of totalizator duty 11,436 5 2 .. 11,43b 5 Z Finance Act, 1931 (No. 4): — Section 20 (1), — Additional refunds to racing clubs 'of proportion of totalizator duty .. .. .. •• 7,054 15 2 .. 7,054 15 2 Contribution towards Cost ol Singapore Naval Base. Finance Act, 1927 (No 2): — Section 5 100,000 0 0 .. 100,000 0 0 Miscellaneous Grants and Subsidies. Auctioneees Act, 1928 :— Section 42, — Amount of auctioneers' fees payable to local bodies after deducting cost of administration .. .. .. 10,237 10 0 .. 10,237 10 0 Finance Act, 1925 :— Section 7, — Payment towards general expenses of New Zealand Institute 750 0 0 .. 750 0 0 Fibe Bbigades Act, 1926 :— Section 26 (1), — Subsidies to Fire Boards .. .. .. .. 3,618 13 4 .. 3,618 13 Geeymoitth Habboub Boaed Amendment Act, 1920: — Subsidy to Greymouth Harbour Board .. .. 12,000 0 0 .. 12,000 0 0 Land Act, 1924 Sections 139 and 358, — Amount paid by Receivers of Land Revenue into Local Bodies' Deposit Accounts, for payment to local authorities in respect of rents, royalties, &c. (" thirds," " fourths," and " halves") .. .. •• 6,760 0 6 .. 6,760 0 Carried forward .. .. •• 1,514,149 19 9 44,791 4 4 1,469,358 15 5 Carried forward .. .. .. 801,681 12 4 .. 801,681 12 4

B.—l [PT. ll].

PUBLIC ACCOUNTS, 193 1 -1 9 32.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE—continued. Other Services —continued.

B—B. 1 [PT. ll].

57

Gross Amount Net Amount t charged to Recoveries charged to Act - Ordinary Revenue ecovenes. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 801,681 12 4 .. 801,681 12 4 OTHER GRANTS AND SUBSIDIES—continued. Brought forward .. .. .. 1,514,149 19 9 44,791 4 4 1,469,358 15 5 Miscellaneous Grants and Subsidies —continued. Local Authorities Empowering (Relief of Unemployment) Amendment Act, 1928 r— Section 3, — Subsidies to local authorities in respect of unemployment relief works— £ s. d. Auckland City Council .. .. 127 0 8 Ashburton Borough Council .. 97 4 0 Birkenhead Borough Council .. 1,724 14 0 Dannevirke County Council .. 43 0 0 Dargaville Borough Council .. 133 15 2 Dunedin City Council .. .. 1,351 12 8 Gisborne Borough Council .. .. 330 13 9 Green Island Borough Council .. 203 16 5 Hamilton Borough Council .. 2,228 5 11 Hawke's Bay County Council .. 47 0 0 Invercargill City Council .. .. 856 3 5 Kaiapoi Borough Council .. .. 43 2 11 Makerua Drainage Board .. .. 168 4 3 Mount Albert Borough Council .. 50 0 0 Napier Borough Council .. .. 236 0 9 New Plymouth Borough Council .. 72 17 7 Northcote Borough Council.. .. 89 7 9 Onehunga Borough Council.. ..381411 Otahuhu Borough Council .. .. 695 3 9 Palmerston North City Council .. 808 12 8 Riverton Borough Council .. .. 160 0 0 Queenstown Borough Council .. 43 16 2 Southland County Council .. .. 369 9 3 Sumner Borough Council .. .. 218 4 4 Timaru Borough Council .. .. 66 2 1 Wanganui City Council .. .. 703 4 2 Wellington City Council .. .. 478 4 11 West Harbour Borough Council .. 93 4 7 11,477 16 1 .. 11,477 16 1 New Plymouth Harbour Board Endowment Act, 1874:— 25 per cent, of proceeds from land-sales, rents, &c., to 31 December, 1931, paid to New Plymouth Harbour Board .. .... .. 1,604 12 .. 1,604 1 2 Police (Defences Act, 1927 : — Section 15, —- Fines paid to Societies for Prevention of Cruelty to Animals .. .. • • • • • • 99 3 6 .. 99 3 6 Rotorua Borough Act, 1922, Section and Finance Act, 1927 (No. 2), Section 7 : —■ Payment to Rotorua Borough Council, portion of bath receipts .. •• 1,170 0 0 M70 0 0 Total, Other Grants and Subsidies .. 1,528,501 0 6 44,791 4 4 1,483,709 16 2 SALARIES AND] HONORARIA. Legislative. Appropriation Act, 1926 :— Section 24 (2), —- Salary of Minister for Cook Islands in excess of the amount appropriated under the Civil List Act, 1 April, 1931, to 31 March, 1932 .. .. .. 162 0 0 .. 162 0 0* Carried forward .. .. ■. 162 0 0 .. 162 0 0 ' " Carried forward .. .. .. 2,330,182 12 10 44,791 4 4 2,285,391 8 6 « Salary (£891) and house allowance (£180) also paid and charged under Civil List, Part II (see B.-l [Pt. I]).

B.—l [PT. ll].

PUBLIC ACCOUNT S, 1931-1932.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE—continued. Other Services—continued.

58

Gross Amount Net Amount Act. _ J1 charg l d Recoveries „ charged to Ordinary Revenue recoveries. Ordinary Eevenue Account. Account. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 2,330,182 12 10 44,791 4 4 2,285,391 8 6 SALARIES AND HONORARIA —-continued. Brought forward .. .. .. 162 0 0 .. 162 0 0 Legislative—continued. Civil List Act, 1920:— Part III, Section 16, — Speakers of both Houses and Chair- £ s. d. men of Committees .. .. 2,471 1 6 Part III, Section 17, — Members of the Legislative Council.. 9,293 13 0 Members of the House of Representatives .. .. .. .. 27,391 19 7 Part IV, Section 22, — Officers of Legislative Council and House of Representatives .. 2,520 0 0 41,676 14 1 .. 41,676 14 1 Finance Act, 1927 : — Section 11, — Allowance to Speaker, House of Representatives (Sir C. E. Statham) .. .. .. .. 90 0 0 .. 90 0 0 Justice. Judicature Amendment Act, 1920 :— Section 3,— The Judges— The Chief Justice — Myers, SirM., K.C.M.G., K.B., salary, 1 April, 1931, to 31 March, 1932 .. .. .. .. 2,250 0 0 The Puisne Judges— Adams, A. S., salary, 1 April, 1931, to 31 March, 1932 2,000 0 0 Herdman, A. L., salary, 1 April, 1931, to 31 March, 1932 .. .. .. .. .. 2,000 0 0 MacGregor, W. C., salary, 1 April, 1931, to 31 March, 1932 .. .. .. .. .. 2,000 0 0 Ostler, H. H., salary, 1 April, 1931, to 31 March, 1932 2,000 0 0 Reed, J. R., salary, 1 April, 1931, to 31 March, 1932 2,000 0 0 Smith, D. S., salary, 1 April, 1931, to 31 March, 1932 2,000 0 0 Blair, A. W., salary, 1 April, 1931, to 31 March, 1932 2,000 0 0 Kennedy, R., salary, 1 April, 1931, to 31 March, 1932 2,000 0 0 — .. 18,250 0 0 Magistrates' Courts Act, 1928 :— Section 8, — Salaries of Magistrates .. .. .. .. 24,660 0 0 Less refund from Vote, Valuation, of salary of J. G. L. Hewitt, S.M., for period 23 March, 1931, to 24 November, 1931, while engaged on Assessment Court work .. .. .. .. .. .. 154 14 10 24,505 5 2 Other Salaries. High Commissioner Act, 1908 :— Section 6, — Salary, High Commissioner (Wilford, Hon. SirT. M., K.C.)— £ s. d. 1 February, 1931, to 31 March, 1931 333 6 8 1 April, 1931, to 31 December, 1931 1,350 0 0 1,683 6 8 .. 1,683 6 8 Industrial Conciliation and Arbitration Act, 1925 Section 64, — Judge of the Arbitration Court— Frazer, F. V., salary, 1 April, 1931, to 31 March, 1932 2,000 0 0 Section 73, —• Members of the Arbitration Court— Monteith, A. L., salary, 1 April, 1931, to 31 March, 1932 .. .. .. .. .. 675 0 0 Prime, W. C., salary, 1 April, 1931, to 31 March, 1932 675 0 0 .. 3,350 0 0 Public Revenues Act, 1926 :— Section 6,' — Salary, Controller and Auditor-General (Campbell, G. F. C., C.M.G.), 1 April, 1931, to 31 March, 1932 .. 1,170 0 0 .. 1,170 0 0 Carried forward .. .. .. 91,042 0 9 154 14 10 90,887 5 11 Carried forward .. .. .. 2,330,182 12 10 44,791 4 4 2,285,391 8 6

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931 - 1 9 32.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Other Services —continued.

59

Gross Amount Net Amount . . charged to 1?,«™«™* charged to Act - Ordinary Bevenue recoveries. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. Brought forward 2,330,182 12 10 44,791 4 4 2,285,391 8 6 SALARIES AND HONORARIA— continued. Brought forward 91,042 0 9 154 14 10 90,887 5 11 Other Salaries— continued. Pttblio Service Act, 1912, and Appropriation Aot, 1925, Section 20 (1) (a) :— Public Service Commissioner, — Verschaffelt, P. D. N., C.M.G., salary, 1 April, 1931, to 31 March, 1932 1,350 0 0 .. 1,350 0 0 Public Sebvice Act, 1912, and Appropriation Act, 1920, Section 16 (1):— Assistant Public Service Commissioner, — Dallard, B. L., salary, 1 April, 1931, to 31 March, 1932 982 16 0 .. 982 16 0 Total, Salaries and Honoraria .. 93,374 16 9 154 14 10 93,220 111 PENSIONS. Family Allowances. Family Allowances Act, 1926: — Allowances towards maintenance of children.. .. 90,099 16 3 .. 90,099 16 3 Old-age Pensions. Pensions Aot, 1926 : — Old-age pensions 1,243,089 6 3 Land Act, 1924 :— Section 298,— Application of national-endowment revenue in payment of old-age pensions 34,017 18 9 Widows' Pensions. Pensions Act, 1926:— „,„ ,„., ,„ . Widows'pensions •• •• 340,16116 8 .. 340,16116 8 War Pensions. War Pensions Act, 1915: — Pensions and allowances 1,261 ,.777 13 5 .. 1,261,777 13 5 Other Pensions. 01 ' 19081 " 7,8617 1! - T.Stt . 7 11 Defence Act, 1909 : — Pensions and allowances .. .. •• •• 2,483 6 1 .. J,48d b 1 Finance Act, 1923 :— Section 13, — . _ A A n Annuity to daughter of late Sir William Fraser .. 150 0 0 .. 150 U O Finance Act, 1924 : — Se Annui 3 tytoLadySalmond 200 0 0 .. 200 0 0 Finance Act, 1926 : — Section 34, — Pensions for ex-members of New Zealand Defence and ,,,„,,. „ NavalForces 1,415 16 3 .. 1,415 16 3 Judicature Act, 1908 : — Sections 12-14,— Superannuation allowances — Chapman, Sir F. R., 1 April, 1931, to 31 March, 1932 1,083 6 8 Stringer, Sir T. W., 1 April, 1931, to 31 March, 1932 750 0 0 , , 1,000 O o Carried forward 2,983,090 8 3 ■■ 2,983,090 8 3 Carried forward .. .. 772,423,557 9 7 44,945 19 2 2,378,611 10 5 — ———— — — ——" ~~— ~ —~"~ ' " ~ m

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-1932.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE—continued. Other Services —continued.

60

Gross Amount Net Amount Act charged to Rpcnvprips charged to ACT " Ordinary .Revenue recoveries. Ordinary Revenue Account, Account. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 2,423,557 9 7 44,945 19 2 2,378,611 10 5 —c ontinued. Brought forward .. .. .. 2,983,090 8 3 .. 2,983,090 8 3 Other Pensions —continued. Pensions Act, 1926 :— Miners'pensions .. .. .. .. .. 69,785 4 7 Less gold duty collected under section 448, Mining Act, 1926 .. .. .. .. .. .. 2,831 10 5 66,953 14 2 Military pensions, Maori War .. .. .. 7,582 0 0 .. 7,582 0 0 Pensions for the blind .. .. .. .. 16,710 5 4 .. 16,710 5 4 Public Service Superannuation Act, 1927 :— Section 62, — Pensions in respect of death or disablement of police officers .. .. .. .. .. 1,054 1 8 .. 1,054 1 8 Reserves and other Lands Disposal and Public Bodies Empowering Act, 1916 : — Section 67, — Compensation to Mrs. Ann Noble for loss of orchard .. 23 18 1 .. 23 18 1 TOTAL, Pensions .. .. .. 3,078,245 17 11 2,831 10 5 3,075,414 7 6 MOTOR TAXATION. Tire-tax, Fees, and Fines transferred to Main Highways Account. Finance Act, 1927 (No. 2): — Section 24 (1), —■ Transfer to Main Highways Account Revenue Fund as under — £ s. d. Tire-tax .. .. .. 84,649 7 5 Motor-vehicles fees, fines, &c. .. 370,125 16 3 — 454,775 3 8 .. 454,775 3 8 Tax on Motor-spirits transferred to Main Highways Account. Motor-spirits Taxation Act, 1927, Section 9 (1) (a), and Finance Act, 1930, Section 38 :— Allocation of residue after deduction of expenses,*— 92 per cent, of residue transferred to Main Highways Revenue Fund for period 1 April, 1931, to 31 March, 1932 .. .. .. .. .. .. 1,231,201 14 0 .. 1,231,201 14 0 Tax on Motor-spirits paid to Boroughs. Motor-spir ts Taxation Act, 1927 : — Section 9 1 — Allocation of residue after deduction of expenses*— Subsection (1) (6), residue paid to Borough Councils — 5£ per cent, for period 1 January, 1931, to 31 March, 1931 .. .. .. .. .. 19,114 15 0 8 per cent, for period 1 April, 1931, to 31 December, 1931 .. .. .. .. .. 81,426 2 0 .. 100,540 17 0 Expenses of Collecting and Making Refunds. Finance Act, 1927 (No. 2) Section 24 (3), — Transfer to the credit of Vote, Customs, in respect of the expenses incidental to the collection of tire-tax .. 788 5 1 .. i 788 5 1 Motor-spirits Taxation Act, 1927 :— Section 7, — Expenses of collecting tax on motor-spirits paid to the credit of Vote, Customs, for the period 1 January, 17,572 0 10 1931, to 31 December, 1931 Expenses of refunding tax on motor-spirits paid to the Post Office for the period 1 January, 1931, to 31 December, 1931 .. .. .. .. 2,788 4 0 — .. 20,360 4 10 Total, Motor Taxation .. .. 1,807,666 4 7 .. 1,807,666 4 7 Carried forward .. .. .. 7,309,469 12 1 47,777 9 7 7,261,692 2 6 * No deduction has been made in respect of any expenses incident to the allocation of the residue.

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931- 1 9 32.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE—continued. Other Services —continued.

61

Gross Amount Net Amount Art charged to Recoveries charged to Act - Ordinary Revenue -tiecoveries. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. Brought forward .. .. 7,309,469 12 1 47,777 9 7 7,261,692 2 6 ADVANCES. On Account of other Governments. Finance Act, 1930 (No. 2) :— Section 7, —■ Advances made on behalf of other Governments 1 — Bechuanaiand .. .. .. .. .. 124 15 2 124 15 2 British Guiana.. .. .. .. .. 87 13 11 87 13 11 Canada .. .. .. .. .. 598 7 6 269 10 6 328 17 0 Ceylon .. .. .. .. .. 3,148 4 8 3,190 4 8 CV. 42 0 0 Commonwealth .. .. .. .. 24,626 7 8 20,104 9 5 4,521 18 3 Federated Malay States .. .. .. 2,53227 2,532 2 7 Fiji .. .. .. .. .. .. 217 14 4 217 14 4 Gambia .. .. .. .. .. 383 2 11 383 2 11 Gold Coast .. .. .. .. .. 455 12 3 455 12 3 Hong Kong .. .. .. .. .. 86 7 10 • 86 7 10 Imperial Government— General advances .. .. .. .. 43,613 5 7 47,670 10 3 0. 4,057 4 8 Payment of Imperial Pensions .. .. 144,893 2 11 144,892 12 11 0 10 0 Johore .. .. .. .. .. 44 8 4 44 8 4 Kenya .. .. .. .. .. .. 147 18 2 Or. 147 18 2 Nigeria .. .. .. .. .. 568 11 0 568 11 0 Nyasaland .. .. .. .. .. 330 0 0 330 0 0 Palestine .. .. .. .. .. 544 3 1 544 3 1 Straits Settlements .. .. .. .. 187 10 5 187 10 5 Trinidad .. .. .. .. .. 86 18 2 197 12 1 Or. 110 13 11 Union of South Africa .. .. .. .. 401 8 11 462 1 5 Gr. 60 12 6 Zanzibar .. .. .. .. .. 139 3 3 139 3 3 223,069 0 6 222,636 4 6 432 16 0 Miscellaneous Advances. Westpokt Hakbotjk Act, 1920 Section 5a (2), — Advance to the Westport Harbour Account (interest at 5J per cent., payable 30 September and 31 March) .. 2,000 0 0 .. 2,000 0 0 TOTAL, Advances .. .. .. 225,069 0 6 222,636 4 6 2,432 16 0 OTHER SPECIAL ACTS. Expenditure incurred in respect of Military Police in Samoa. Finance Act, 1928 :— Seotion 7 .. .. .. .. .. .. 1 0 0 248 10 8 Or. 247 10 8 Compensation for Stock destroyed or condemned. Slatjghtebing and Inspection Act, 1908, Section 60, and Amendment Act, 1910, Section 2 :— Compensation to owners for stock condemned .. .. 10,761 4 3 Less Amount received from sale of stock .. .. .. 19 10 0 10,741 14 3 Stock Act, 1908 :— Section 45, — Compensation for stock destroyed on account of disease 13,163 11 0 Less Credits in reduction, being proceeds from sale of stock destroyed, credited under section 43 .. .. 669 0 7 12,494 10 5 Carried forward .. .. .. 23,925 15 3 937 1 3 22,988 14 0 Carried forward .. .. .. 7,534,538 12 7 270,413 14 1 7,264,124 18 6

B.—l [BT. ll].

PUBLIC ACCOUNTS, 193 1-1932.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE —continued. Other Services —continued.

62

Gross Amount Net Amount . 4 charged to Recoveries „ charged to Act. Ordinary Revenue Recoveries. Ordinary Revenue Account. Account. £ s. d. £ s. d. £ s. d. Brought forward .. .. •• 7,534,538 12 7 270,413 14 1 7,264,124 18 6 OTHER SPECIAL ACTS—continued. Brought forward .. .. .. 23,925 15 3 937 1 3 22,988 14 0 Miscellaneous. Hawke's Bay Earthquake Aot, 1931 : — Section 58, — Grants and special Government services in connection with the Hawke's Bay earthquake — Special Government services .. .. • • 594 13 2 .. 594 13 Clearing Napier streets .. .. .. •• 2,663 7 1 ,|? „ I i Clearing Hastings and Wairoa streets .. .. 582 4 11 186 17 6 395 7 5 Railage of stock from Hawke's Bay .. • • 1,432 8 4 .. 1,432 8 4 Loan to Napier Borough Council for the erection of community retail shops (balance of £10,000) .. 5,000 0 0 2,892 10 11 2,107 J Loan to Hastings Borough Council for the erection of community retail shops .. •• •• 2,000 0 0 581 18 5 1,418 1 7 Special grant for relief of distress at Napier .. 1,000 0 0 .. 1,000 0 0 Special grant for relief of distress at Wairoa .. 0 3 0 .. 0 3 0 Grant to Richardson and Co., Ltd., for services in connection with rescue and other work at Napier following the earthquake .. .. • • 300 0 0 .. 300 0 0 13,572 16 6 6,075 10 0 7,497 6 6 Appropriation Act, 1926 :— Exchange on remittances to and from London .. 44 2 10 .. 44 2 10 Section 15, — Travelling-expenses of His Excellency the GovernorGeneral and staff in excess of amount provided under the Civil List Act, 1920 .. .. •• 1,421 6 4 1 14 6 1,419 11 10* Finance Act, 1930, Section 53 (4), and Finance Act, 1931 (No. 2), Section 25 (2) (b) : — Land assurance claims admitted and paid in connection i with losses sustained through errors in the definitions of boundaries 242 13 8 .. 242 13 8 Hauraki Plains Act, 1926 : — Rates on unoccupied Crown lands subject to above Act 247 111 .. 247 1 11 Land Act, 1924 :— Administration expenses, of national-endowment land 3,581 5 7 .. 3,581 5 7 Native Land Amendment and Native Land Claims Adjustment Act, 1922, Section 27, and Native Land Amendment and Native Land Claims Adjustment Act, 1923, Section 13 :— Eighth annual payment to Arawa District Trust Board for the benefit of the Arawa Tribe .. .. •• 6,000 0 0 .. 6,000 0 0 Native Land Amendment and Native Land Claims Adjustment Act, 1926 : — Section 15 (1),— Fifth annual payment to Tuwharetoa Trust Board tor benefit of Tuwharetoa Tribe in connection with Lake Taupo claims 3,000 0 0 .. 3,000 0 0 Native Land Amendment and Native Land Claims Adjustment Act, 1928 :— Section 23 (2), — Recoupment to Native Land Settlement Account ot balance of loan written off in respect of Motatau No. 2 Block— £ s. d. Principal .. •• •• 3,610 1 0 Interest • • • • inte 4,140 3 7 .. 4,140 3 7 Carried forward .. •• •• 56,175 5 8 7,014 5 9 49,160 19 11 Carried forward ~ ~ Tk534,538 12 7 270,413 14 1 7,264,124 18 6 i 1 _ I * See also £2,145 16s. 8d. under Civil List, Part I (B.-l [Pt. I]).

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931 -1 932.

DISBURSEMENTS and RECOVERIES under SPECIAL ACTS of the LEGISLATURE—continued. Other Services —continued.

63

Gross Amount Net Amount Act. _ charged to Recoveries charged to Ordinary Revenue recoveries. Ordinary Revenue Account. Account. „ £ s. d. £ S. d. £ S. d. Brought forward .. .. .. 7,534,538 12 7 270,413 14 1 7,264,124 18 6 OTHER SPECIAL ACTS —continued. Brought forward 56,175 5 8 7,014 5 9 49,160 19 11 Miscellaneous—continued. Public Revenues Act, 1926 :— Section 30, — Deposits credited to Consolidated Fund as unclaimed, now paid to claimants .. .. .. .. 65 5 2 .. 65 5 2 Section 96, — Refunds to the Public Trustee to enable him to disburse to the persons entitled thereto the unclaimed balances in the estate of deceased persons .. .. 8 14 5 .. 8 14 5 Section 151, — Free issue of official postage-stamps to members of the House of Representatives and to members of the Legislative Council .. .. .. .. 2,356 0 0 .. 2 356 0 0 Rangitaiki Land Drainage Act, 1910 :— Section 6 (8), — Rates on unoccupied Crown lands within the drainage area— For period 1 April, 1931, to 31 March, 1932 .. 121 15 11 .. 121 15 11 Rural Advances Act, 1926 :— Section 8 (2), — Interest paid on Rural Advances bonds— 5-per-cent. bonds to mature 15 September, 1947—- £ s. d. Interest due 15 March, 1930 .. 5 0 0 Interest due 15 September, 1930 45 0 0 Interest due 15 March, 1931 .. 5,163 15 0 Interest due 15 September, 1931 99,048 13 6 Interest due 15 March, 1932 .. 94,181 5 8 198,443 14 2 Less amount recovered from State Advances Office .. 198,629 16 0 Or. 186 1 10 5-per-cent. bonds to mature 15 September, 1938— £ s. d. Interest due 15 September, 1931 250 0 0 Interest due 15 March, 1932 .. 250 0 0 — 500 0 0 Less amount recovered from State Advances Office .. 500 0 0 Total, Other Special Acts .. .. 257,670 15 4 206,144 1 9 51,526 13 7 TOTAL, OTHER Services .. .. 7,792,209 7 11 476,557 15 10 7,315,651 12 1

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 193 1-1 932.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) under the RURAL INTERMEDIATE CREDIT ACT, 1927, Section 16.

STATEMENT of BALANCES OUTSTANDING on 31st Maech, 1932, in respect of PAYMENTS MADE from the CONSOLIDATED FUND on behalf of OTHER GOVERNMENTS. Balance outstanding at Name of Government. 31st March, 1932. £ s. d. Canada .. .. •• •• •• •• •• •• ,®! .? Commonwealth of Australia .. .. .. •• •• „099 ? Imperial Government —General Advances .. .. •• 'ion ,1 i Union of Soath Africa .. .. • ■ • • • ■ • • * 7 Total £24,703 12 10 Note. —Details of transactions are shown on page 61.

STATEMENT of IMPRESTS of the CONSOLIDATED FUND (Ordinary Revenue Account) OUTSTANDING as at the 31st March, 1932, showing the SERVICES for which they were issued. ' Consolidated Fund : — Ordinary Revenue Account,— £ s d Under Special Acts ~ ..1 > — , , Rural Advances Act, 1926 \>> War Pensions Act, 1915 t'lll ,t x Interest on Loans of Industries and Commerce, Tourist and Publicity .. .. .. 389 14 0 Department of Justice .. • • • • • • • • ■ ■ • • " , . „ Printing and Stationery Department.. .. .. •• •• •• •• „ f. ° Naval Defence .. .. •• •• •• •• •• ** " . Customs Department .. • • • • • • • • • ■ • • • • 0 10 0 Marine Department . • •» • • ■ * I■> -) 1(1 I Department of Lands and Survey .. .. • • • • ■ • • • • • an 4. Q Department of Education .. .. • • • • • ■ ■ ■ • jq q General Imprest .. .. •• •• •• • • • • 65',859 19 1 General Services .. .. • • • • • • • • ? Total £108,828 6 4

64

Advances to the Rural Intermediate Credit Board. One-third of Two-thirds of Advance to be , . , Date from which Advance (in Cash) credited to the Rural Total Advance Date of Advance Term t> Date 011 7- S Interest becomes for the Purpose of Intermediate Credit in Terms of Date oi Advance. xexm. Repayment is due. payable. carrying on Business Redemption Fund Section 16. under the Act. in Terms of Section 17 (1). Years. £ s. d. £ s. d. £ s. d. June 30,1928.. 20 June 29,1948.. June 30, 1938 3,400 0 0 1,700 0 0* 5,100 0 0 June 30,1928.. 20 June 29,1948.. „ „ 10,000 0 0 3,000 0 0* 15,000 0 0 July 31,1928.. 20 July 30,1948.. „ „ 10,000 0 0 5,000 0 0* 15,000 0 0 Au?. 15,1928.. 20 Aug. 14,1948.. „ „ 5,000 0 0 2,500 0 0* 7,500 0 0 Aug 21,1928.. 20 Aug. 20,1948.. „ „ 5,000 0 0 2,500 0 0* 7,500 0 0 Sent 13 1928 20 Sept. 12,1948.. „ „ 5,000 0 0 2,500 0 0* 7,500 0 0 oot 1:19I:: 11 ST tms.. :: ;; 5,000 0 0 2,500 0 0* 7,500 0 0 Oct 8 1928.. 20 Oct. 7,1948.. ,. „ 10,000 0 0 5,000 0 0 15,000 0 0 Oct 19 1928.. 20 Oct. 18,1948.. „ „ 10,000 0 0 5,000 0 0* 15,000 0 0 Nov. 1,1928.. 20 Nov. U948.. „ „ 5,000 0 0 2,500 0 0* 7,500 0 0 Dec 21 1928.. 20 Dec. 20,1948.. „ ,, 5,000 0 0 2,500 0 0 7,o00 0 0 April 10 1929.. 20 April 0, 1949 5,000 0 0 2,500 0 0* 7,500 0 0 May 16,1929.. 20 May 15,1949.. „ „ 5,000 0 0 2,500 0 0* 7,500 0 0 Mav 27 1929 20 May 26,1949.. „ „ 5,000 0 0 2,500 0 0 7,o00 0 0 June l 1929:: 20 June 1949.. " " 0 0 2,500 0 0* 7,500 0 0 June 27, 1929.. 20 June 26, 1949.. „ „ 8,000 0 0 4,000 0 0 12,000 0 0 lune 28 1929 20 June 27, 1949.. „ „ 30,000 0 0 15,000 0 0* 45,000 0 0 W 28 1929 20 Aug! 27 1949.. 10,000 0 0 5,000 0 0* 15,000 0 0 Sent 16 1929 20 Sept. 15 1949.. „ „ 10,000 0 0 5,000 0 0* 15,000 0 0 Oct 3 1929:: 20 Oct I! 1949.. " " 10,000 0 0 5,000 0 0* 15,000 0 0 Oct 24 1929 20 Oct. 23,1949.. „ „ 10,000 0 0 5,000 0 0* 15,000 0 0 Nov 5 1929:: 20 Nov. 4;i949.. " " 10,000 0 0 5,000 0 0* 15,000 0 0 April 1930.. 20 April 15,1950.. „ „ 5,000 0 0 2,500 0 0* 7,500 0 0 May 1,1930.. 20 April 30,1950.. „ „ 20,000 0 0 10,000 0 0* 30,000 0 0 MaV 30, 1930.. 20 May 29, 1950.. „ „ 20,000 0 0 10,000 0 0* fO'OOO 0 0 June 17, 1930.. 20 June 16, 1950.. „ „ 20,000 0 0 10,000 0 0* 30,000 0 0 June 30, 1930.. 20 June 29, 1950.. „ „ 20,270 0 0 10,130 0 0* 30,400 0 0 Total amount advanced prior to 31st March, 1931 .. 266,670 0 0 133,330 0 0* 400,000 0 0 » Securities issued in lieu of cash, in terms o( subsection (4) of section 17. Note __In terms of the Rural Intermediate Credit Act, 1927, the amounts advanced and outstanding at any time shall not exceed in the aggregate the sum of £400,000. Every advance shall be free of interest for the period of ten vears immediately succeeding the date on which the first such advance is made. After the expiration ot the said period of ten years interest, shall be payable half-yearly, at sueh rate as the Minister of Finance shall from time to time determine.

B. —1 [PT. ll].

PUBLIC ACCOUNTS, 1931-1932.

SUMMARY of ACCOUNTS of LOCAL BODIES for the FINANCIAL YEAR ended 31st March, 1932.

9—B. 1 [Pt. ll].

65

Balances on Payments and Balances on 31st March, 1931. -Receipts. Transfers. 31st March, 1932. ENDOWMENTS OP LAND. £ s. d. £ s. d. £ s. d. £ s. d. Harbour Board :— (Greymouth Harbour Board Act, 1884, Section 7) — Greymouth .. .. .. 214 12 9 3,117 14 9 3,253 16 11 78 10 7 214 12 9 3,117 14 9 3,253 16 11 78 10 7 Counties :— (Land Act, 1924, Sections 138 (b) and 357, and Finance Act, 1924, Section 17 (2) )— Fiord .. .. .. .. 184 18 7 .. .. 184 18 7 Sounds.. .. .. .. 1,398 8 7 29 17 0 .. 1,428 5 7 Taupo .. .. .. .. 810 14 0 32 1 8 160 J4 10 682 0 10 2,394 1 2 61 18 8 160 14 10 2,295 5 0 Total Endowments oe Land .. 2,608 13 11 3,179 13 5 3,414 11 9 2,373 15 7 GOLDFIELDS REVENUE. (Mining Act, 1926, Section 447.) Counties : — Ashburton .. .. .. .. 6 10 0 1 10 0 500 Bay of Islands .. .. .. .. 826 826 Buller .. .. .. .. 104 13 5 287 0 6 353 1 5 38 12 6 Castlepoint .. .. .. .. 050 050 Clutha .. .. .. .. 050 .. 050 Collingwood .. .. .. 7 0 0 136 4 8 66 16 9 76 7 11 Coromandel .. .. .. 27 0 0 165 6 1 162 17 10 29 8 3 Ellesmere .. .. .. 0 10 0 9 10 3 1 5 0 8 15 3 Featherston .. .. .. 0 10 0 050 0 15 0 Grey .. .. .. .. 1,017 7 6 2,978 10 7 3,118 0 9 877 17 4 Hawke's Bay .. .. .. .. 100 0 10 0 0 10 0 Horowhenua .. .. .. 0 15 0 1 15 0 250 050 Hutt .. .. .. .. .. 100 050 0 15 0 Inangahua .. .. .. 518 5 11 1,533 5 6 1,571 19 8 479 11 9 Lake .. .. .. .. 252 11 6 458 0 8 602 11 1 108 1 1 Makara .. .. .. .. 0 10 0 3 10 0 400 Manawatu .. .. .. .. 0 10 0 0 10 0 Maniototo .. .. .. 85 18 2 311 19 11 300 16 1 97 2 0 Marlborough .. .. .. 24 0 0 166 7 3 163 12 3 26 15 0 Masterton .. .. .. .. 050 050 Murchison .. .. .. 38 15 3 126 5 3 103 15 6 61 5 0 Ohinemuri .. .. .. 96 13 9 323 6 10 316 2 11 103 17 8 Piako .. .. .. .. 2 5 0 74 11 3 76 16 3 Rotorua .. .. .. .. 050 050 Southland .. .. .. 87 5 6 321 10 2 328 13 10 80 1 10 Stewart Island .. .. .. .. 3 15 0 3 15 0 Taieri .. .. .. .. 050 200 200 050 Takaka .. .. .. .. 5 10 0 22 12 0 18 6 0 9 16 0 Taumarunui .. .. .. .. 500 500 Tauranga .. .. .. 100 100 200 Thames .. .. .. .. 37 3 6 225 11 0 238 16 6 23 18 0 Tuapeka .. .. .. .. 39 5 4 313 8 1 254 9 10 98 3 7 Vincent .. .. .. .. 419 13 11 513 3 9 813 9 2 119 8 6 Waihemo .. .. .. 0 15 0 14 10 0 10 15 0 4 10 0 Waikouaiti .. .. .. .. 0 10 0 050 050 Waimarino .. .. .. .. 050 .. 050 Waimea .. .. .. .. 8 14 2 39 11 11 39 4 10 9 1 3 Waipawa .. .. .. .. .. 050 050 Wairarapa South .. .. .. .. 0 10 0 0 5 0 050 Wairoa .. .. .. .. •• 150 100 050 Waitaki .. .. .. .. 3 7 4 86 6 8 67 11 3 22 2 9 Waitomo .. .. .. .. •• 050 050 Wallace .. .. .. .. 50 12 6 149 8 3 133 0 3 67 0 6 Westland .. .. .. 248 19 8 2,324 12 6 2,284 5 5 289 6 9 Whangarei .. .. . . 12 12 6 38 0 3 40 8 9 10 4 0 3,092 4 11 10,657 5 10 11,100 8 .10 2,649 1 11 Boroughs : — Cromwell .. .. •• •• 350 .. 350 Gore .. .. .. •• 050 0 10 0 0 15 0 Greymouth .. .. .. 050 100 100 050 Carried forward .. 0 10 0 4 15 0 1 15 0 3 10 0

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 19 31-1 93 2,

SUMMARY of ACCOUNTS of LOCAL BODIES-continued.

66

Balances on -r spirits Payments and Balances on 31st March, 1931. K-eceipra. , Transfers. 31st March, 1932. GOLDFIELDS REVENUE—continued. £ s. d. £ s. d. £ s. d. £ s. d. (Mining Act, 1926, Section 447.) Boroughs—continued. Brought forward .. 0 10 0 4 15 0 1 15 0 3 10 0 Hokitika .. .. .. .. 139 376 326 189 Kumara .. .. .. .. 1 5 0 14 15 5 15 5 5 0 15 0 Ross .. .. .. ■■ 32 5 0 132 7 5 138 1 5 26 11 0 Te Aroha .. .. .. 121 9 6 238 2 6 226 2 0 133 10 0 Thames .. .. .. .. 28 0 9 177 19 6 185 9 1 20 11 2 Waihi .. .. 228 0 4 778 3 5 811 18 0 194 5 9 412 14 4 1,349 10 9 1,381 13 5 380 11 8 Town Boabd Cobden .. .. .. 100 3 10 0 3 10 0 100 Kamo .. •• •• 050 050 Wyndham .. .. .. 050 .. 050 1 5 0 3 15 0 4 0 0 10 0 TOTAL Golditelds REVENUE .. 3,506 4 3 12,010 11 7 12,486 2 3 3,030 13 7 GOLD DUTY. (Gold Duty Act, 1908, Section 12.) Counties :— Coromandel .. .. . ■ 1 4 0 21 7 2 22 11 2 Ohinemuri .. .. .. .. 463 16 0 428 16 0 35 0 0 Piako .. .. .. .. .. 0 12 0 0 12 0 Thames .. .. .. .. 944 2 12 10 11 76 098 Westland .. .. .. .. 0 19 3 0 19 3 10 8 4 489 7 3 464 5 11 35 9 8 Boboughs : — Thames .. .. .. .. .. 40 6 9 40 6 9 Waihi .. .. .. .. .. 8,003 16 0 8,003 16 0 8,044 2 9 8,044 2 9 10 8 4 8,533 10 0 8,508 8 8 35 9 8 Less adjustments between accounts, being amount transferred from Waihi Borough to Ohinemuri County in terms of Order in Council dated 21st July, 1913 .. .. 350 0 0 350 0 0 Total GOLD DUTY .. 10 8 4 8,183 10 0 8,158 8 8 35 9 8 Receipts. Payments. Balance op mat March, FEES AND FINES. £ s. d. £ s. d. £ s. d. (Auctioneers Aet, 1928, Section 42.) Cities :— Auckland .. .. .. .. 1,537 0 0 1,537 0 0 Christchurch .. .. .. .. 1,307 10 0 345 0 0 962 10 0 Dunedin .. .. .. .. 1,193 10 0 1,193 10 0 Invercargill .. .. .. .. 577 10 0 .. 577 10 0 Nelson .. .. .. .. 77 0 0 .. 77 0 0 Wanganui . . .. .. 231 0 0 38 10 0 192 10 0 Wellington .. .. .. .. 1,845 0 0 248 0 0 1,597 0 0 6,768 10 0 3,362 0 0 j 3,406 10 0 Counties :— Akaroa .. .. .. .. 77 0 0 .. 77 0 0 Amuri .. .. .. .. 38 10 0 .. 38 10 0 Ashburton .. .. .. .. 231 0 0 .. 231 0 0 Bay of Islands.. .. .. .. 8100 8100 Chatham Islands .... .. 8 10 0 8 10 0 Carried forward .. .. 363 10 0 17 0 0 346 10 0

B.—l [PT. ll]

PUBLIC ACCOUNTS, 1931- 1932.

SUMMARY of ACCOUNTS of LOCAL BODIES—continued.

67

Receipts. j Payments. Balance °^||_ 8t March > ' . . I PEES AND EINES—continued. £ s. d. £ s. d. £ s. d. (Auctioneers Act, 1928, Section 42.) Counties—continued. Brought forward .. .. 363 10 0 17 0 0 346 10 0 Cheviot .. .. .. .. 38 10 0 .. 38 10 0 Clifton .. .. .. .. 38 10 0 .. 38 10 0 Ellesmere .. .. .. .. 115 10 0 .. 115 10 0 Eltham .. .. .. .. 38 10 0 .. 38 10 0 • Hauraki Plains .. .. .. 38 10 0 38 10 0 Hawera .. .. .. .. 77 0 0 .. 77 0 0 Hobson .. .. .. .. 55 10 0 55 10 0 Inangahua .. .. .. .. 77 0 0 38 10 0 38 10 0 Inglewood .. .. .. .. 77 0 0 .. 77 0 0 Kaikoura .. .. .. .. 17 0 0 17 0 0 Kowai .. .. .. .. 38 10 0 .. 38 10 0 Mackenzie .. .. .. .. 142 10 0 27 0 0 115 10 0 Malvern .. .. .. .. 77 0 0 .. 77 0 0 Mangonui .. .. .. .. 17 0 0 .. 17 0 0 Masterton .. .. .. .. 38 10 0 .. 38 10 0 Opotiki .. .. .. .. 8 10 0 .. 8 10 0 Oxford .. .. .. .. 38 10 0 .. 38 10 0 Paparua .. .. .. .. 115 10 0 .. 115 10 0 Piako .. .. .. .. 38 10 0 .. 38 10 0 Rodney .. .. .. .. 38 10 0 38 10 0 Southland .. .. .. .. 38 10 0 .. 38 10 0 Springs .. .. .. .. 38 10 0 .. 38 10 0 Stratford .. .. .. .. 77 0 0 .. 77 0 0 Waimate .. .. .. .. 77 0 0 .. 77 0 0 Waipa .. .. .. .. 38 10 0 .. 38 10 0 Wairewa .. .. .. .. 77 0 0 .. 77 0 0 Wairoa .. .. .. .. 8 10 0 8 10 0 Waitaki .. .. .. .. 192 10 0 .. 192 10 0 Waitomo .. .. .. .. 77 0 0 .. 77 0 0 Whakatane .. .. .. .. 17 0 0 .. 17 0 0 Whangarei .. .. .. .. 77 0 0 77 0 0 2,208 0 0 317 10 0 1,890 10 0 Boroughs :— Alexandra .. .. .. .. 38 10 0 38 10 0 Ashburton .. .. .. .. 115 10 0 .. 115 10 0 Balclutha .. .. .. .. 172 10 0 172 10 0 Cambridge .. .. .. .. 115 10 0 .. 115 10 0 Cromwell .. .. .. .. 38 10 0 38 10 0 Dannevirke .. .. .. .. 192 10 0 77 0 0 115 10 0 Dargaville .. .. .. .. 77 0 0 77 0 0 Devonport .. .. .. .. 38 10 0 38 10 0 Geraldine .. .. .. .. 38 10 0 .. 38 10 0 Gisborne .. .. .. .. 671 10 0 326 10 0 345 0 0 Gore .. .. .. .. 231 0 0 154 0 0 77 0 0 Greymouth .. .. .. .. 38 10 0 .. 38 10 0 Hamilton .. .. .. .. 308 0 0 77 0 0 231 0 0 Hastings .. .. .. .. 316 10 0 316 10 0 Hawera .. .. .. .. 77 0 0 .. 77 0 0 Hokitika .. ,. :. .. 77 0 0 38 10 0 38 10 0 Levin .. .. .. .. 77 0 0 77 0 0 Lower Hutt .. .. .. .. 115 10 0 77 0 0 38 10 0 Lyttelton .. .. .. .. 38 10 0 .. 38 10 0 Marton .. .. .. .. 77 0 0 .. 77 0 0 Masterton .. .. .. .. 77 0 0 .. 77 0 0 Milton .. .. .. .. 115 10 0 38 10 0 77 0 0 Motueka .. .. .. .. 38 10 0 38 10 0 Napier .. .. .. .. 269 10 0 269 10 0 Nelson .. .. .. .. 38 10 0 38 10 0 New Plymouth .. .. .. 192 10 0 .. 192 10 0 Ngaruawahia .. .. .. .. 38 10 0 .. 38 10 0 Oamaru .. .. .. .. 154 0 0 .. 154 0 0 Opotiki .. .. .. .. 8 10 0 .. 8 10 0 Otahuhu .. .. .. .. 211 0 0 211 0 0 Otaki .. .. .. .. 38 10 0 .. 38 10 0 Paeroa .. .. .. .. 38 10 0 38 10 0 Pahiatua .. .. .. .. 77 0 0 38 10 0 38 10 0 Palmerston .. .. .. 38 10 0 38 10 0 Petone .. .. .. .. 18 10 0 18 10 0 Pukekohe .. .. .. .. 115 10 0 77 0 0 38 10 0 Raetihi .. .. .. .. 38 10 0 .. 38 10 0 Carried forward .. .. 4,363 0 0 2,315 10 0 2,047 10 0

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-1932.

SUMMARY of ACCOUNTS of LOCAL BODIES—continued.

68

— Receipts. Payments. Balance ° n 9 f 1 st March > FEES AND FINES—continued. £ s. d. £ s. d. £ s. d. (Auctioneers Act, 1928, Section 42.) I Boroughs—continued,. Brought forward .. .. 4,363 0 0 2,315 10 0 2,047 10 0 Rangiora .. .. .. .. 115 10 0 .. 115 10 0 Ricearton .. .. 115 10 0 .. 115 10 0 Richmond .. .. .. .. 38 10 0 .. 38 10 0 Riverton .. .. .. .. 38 10 0 .. 38 10 0 " Rotorua .. .. .. .. 115 10 0 38 10 0 77 0 0 Roxburgh .. .. .. .. 38 10 0 38 10 0 Stratford .. .. .. .. 77 0 0 .. 77 0 0 Tauranga .. .. .. .. 38 10 0 38 10 0 TeAroha .. . . .. .. 115 10 0 77 0 0 38 10 0 Te Awamutu . . . . .. .. 77 0 0 38 10 0 38 10 0 Te Kuiti .. . . .. .. 77 0 0 38 10 0 38 10 0 Temuka . . .. .. .. 77 0 0 .. 77 0 0 Thames .. .. .. .. 38 10 0 38 10 0 Timaru .. .. .. .. 326 10 0 18 10 0 308 0 0 Waihi . . .. .. .. 38 10 0 .. 38 10 0 Waimate .. .. .. .. 154 0 0 .. 154 0 0 Wairoa .. .. .. .. 30 0 0 20 0 0 10 0 0 Whangarei .. .. .. .. 77 0 0 77 0 0 Winton .. .. .. .. 77 0 0 .. 77 0 0 6,028 10 0 2,739 0 0 3,289 10 0 Town Boards :— Edendale .. .. .. .. 38 10 0 38 10 0 Johnsonville .. .. .. .. 115 10 0 .. 115 10 0 Kamo .. .. .. .. 77 0 0 77 0 0 Kaponga .. .. .. .. 38 10 0 .. 38 10 0 Kawakawa .. .. .. .. 8 10 0 .. 8 10 0 Otautau .. .. .. .. 38 10 0 .. 38 10 0 Otorohanga .. .. .. .. 77 0 0 38 10 0 38 10 0 Raglan .. .. .. .. 8 10 0 8 10 0 Rawene .. .. .. .. 8 10 0 8 10 0 Te Puke .. .. .. .. 38 10 0 .. 38 10 0 Tuakau . . .. .. .. 38 10 0 38 10 0 Waiuku .. .. .. .. 38 10 0 38 10 0 Wyndham .. .. .. .. 115 10 0 .. 115 10 0 641 10 0 248 0 0 393 10 0 Total, FEES AND FINES .. 15,646 10 0 6,666 10 0 8,980 0 0 == ADVANCE ACCOUNTS. (Public Revenues Act, 1926, Section 146.) Wellington Harbour Board .. .. 42 17 8 42 17 8 Tokoroa Rabbit Board .. .. .. 100 0 0 100 0 0 Total, Advance Accounts .. 142 17 8 142 17 8

B.—l [PT. ll],

PUBLIC ACCOUNTS, 1931-1 932.

SUMMARY of DEPOSITS ACCOUNT for the FINANCIAL YEAR ended 31st March, 1932.

69

Timoait, Accounts Balances on Tteeeinti Payments and Balances on Deposit Accounts. 31at Marcll! 1981 receipts. Transfers. 31st March, 1932. £ s. d. £ s. d. £ s. d. £ s. d. Auctioneers Act, 1928, section 8 .. .. 630 17 4 15 0 0 615 17 4 Coal-mines Amendment Act, 1922, section 23 10 0 0 .. .. 10 0 0 Dairy-produce Export Control Act, 1923 .. 6,194 2 11 39,196 19 5 41,856 19 9 3,534 2 7 Deposits on Contracts .. .. .. 116 18 0 1,377 17 6 1,494 15 6 Distribution of Wool Profits .. .. 2,428 14 7 .. 0 7 4 2,428 7 3 Earthquake Relief Fund (West Coast) .. 101 11 1 18,191 18 0 17,407 6 11 886 2 2 Education Reserves Act, 1928 — Sales of Land under section 27 — Primary-education Endowments .. 13,995 7 5 2,534 5 0 .. 16,529 12 5 Secondary-education Endowments — Auckland Provincial District .. 416 18 7 13 10 0 .. 430 8 7 Taranaki Provincial District .. 64 14 0 200 0 0 .. 264 14 0 Hawke's Bay Provincial District .. 24 7 2 .. .. 24 7 2 Otago Provincial District .. .. 316 14 5 59 10 0 .. 376 4 5 Education Reserves Act, 1928 — Primary - education Endowment Deposit Account .. .. .. .. .. 84,359 1110 84,359 1110 Secondary - education Endowment Deposit Accounts — Auckland Provincial District .. .. 1,056 7 1 2,912 12 8 2,890 8 11 1,078 10 10 Taranaki Provincial District .. .. 30 14 8 1, 020 18 7 613 12 5 438 0 10 Wellington Provincial District .. 1,130 4 10 1,935 9 9 2,193 10 3 872 4 4 Hawke's Bay Provincial District .. 508 2 1 1,609 16 10 1,368 19 2 748 19 9 Nelson Provincial District .. .. 63 12 4 481 7 1 482 8 11 62 10 6 Marlborough Provincial District .. 32 9 6 88 3 0 83 2 9 37 9 9 Otago Provincial District .. .. 814 2 9 1,466 3 0 1,539 13 6 740 12 3 Emigrants' Deposits .. .. .. 15 0 0 85 0 0 100 0 0 Fisheries Act, 1908 .. .. .. 006 .. .. 006 General Assembly Library Fund .. .. .. 75 0 0 .. 75 0 0 Gold Duty Suspense Account .. .. 276 17 10 3,002 5 0 2,930 13 10 348 9 0 Greymouth and Hokitika High School Acts, 1883 .. .. .. .. .. 79 8 5 227 16 1 219 14 7 87 9 11 Hauraki Plains Drains Deposit Account .. 20 0 0 .. .. 20 0 0 Hawke's Bay Earthquake Relief Fund .. 19,213 14 7 72,624 11 3 91,637 0 3 201 5 7 Honey-export Control Act, 1924 .. .. 14 9 7 138 6 4 151 7 7 1 8 4 Hospitals and Charitable Institutions Act, 1926 88 2 0 467 7 6 456 16 7 98 12 11 Immigration Restriction Act, 1908 .. 1,440 0 0 1,430 0 0 1,780 0 0 1,090 0 0 Imperial Pensions .. ..' .. .. 57,860 2 6 1,701 12 7 56,158 9 1.1 Imperial Stamps and Postal Orders .. 437 3 6 313 16 3 403 8 9 347 11 0 Interest on Cash Balance Investments Account 720 12 8 72,126 14 6 64,481 0 8 8,366 6 6 Kauri-gum Control Act, 1925 .. .. 84 18 7 930 15 7 973 3 1 42 11 1 Land Assurance Fund Account .. .. 22,000 0 0 . . 22,000 0 0 Meat-export Control Act, 1921-22 .. .. 1,472 8 10 31,901 17 6 32,393 10 8 980 15 8 Mining Act, 1926 .. .. .. 81 6 5 194 14 3 69 5 7 206 15 1 Miscellaneous .. .. .. .. 28,095 18 4 87,977 II 10 88,219 6 9 27,854 3 5 Money-order Settlement Account .. .. 3,118 9 7 109,134 0 5 98,609 3 10 13,643 6 2 Moumahaki Endowment — Revenue Account .. .. .. 118 17 0 482 13 11 283 6 5 318 4 6 Capital Account .. .. .. 906 8 3 3 17 0 .. 910 5 3 Naval Remittances .. .. .. 3,614 15 3 9,837 9 9 11,407 17 10 2,044 7 2 Nelson Rifle Prize Fund .. .. .. 1,066 8 6 47 0 0 35 0 0 1,078 8 6 Nelson Rifle Prize Fund Investment .. Dr. 1,000 0 0 . . .. Dr. 1,000 0 0 New Zealand Reparation Estates .. .. .. 6,273 18 7 6,264 8 7 9 10 0 New Zealand University Endowment — Westland .. .. .. .. 2,472 1 3 171 10 0 58 10 3 2,585 1 0 North Island Experimental Dairy School .. 9,522 16 11 659 16 2 160 6 5 10,022 6 8 Orchard-tax Act, 1927 .. .. .. 363 7 4 1,613 17 4 1,376 12 10 600 11 10 Payments through the High Commissioner .. 1,878 16 9 76,796 17 4 53,901 0 9 24,774 13 4 Post Office Savings-bank Deposits .. .. .. 40 0 0 40 0 0 Promotion of Health Fund .. .. 2,253 6 5 454 7 10 2,633 5 0 74 9 3 Receipts by the High Commissioner for Payment in New Zealand .. .. .. 2,167 11 1 149,199 16 10 148,298 5 1 3,069 2 10 Receiver-General's Deposit Account .. 111,000 0 0 .. 20,000 0 0 91,000 0 0 Remittances to Immigrants .. .. 28 0 0 88 0 0 91 0 0 25 0 0 Rotorua College and Grammar School Account .. 640 8 0 640 8 0 Samoan Loan Sinking Fund Account .. 18,739 11 3 3,652 12 3 .. 22,392 3 6 Samoan Notes Security Account .. .. 32,000 0 0 1,420 0 0 1,420 0 0 32,000 0 0 Samoan Treasury Account .. .. 10,632 17 10 41,698 16 8 47,395 8 1 4,936 6 5 State Advances Investments .. .. .. 352,406 5 0 352,406 5 0 Taranaki Scholarships Endowment Account.. 373 14 11 909 18 4 941 4 5 342 8 10 Tauranga Educational Endowment Reserves Act, 1896 .. .. . . .. 169 18 8 .. 169 18 8 ' .. Thermal Springs Districts Act, 1910 .. 24 17 9 26 3 6 37 19 6 13 1 9 Trustee Act, 1908 .. .. .. 8,397 17 2 38 2 4 1,188 3 6 7,247 16 0 Unclaimed Earnings .. .. .. 2,740 9 4 1,924 2 0 3,513 10 9 1,151 0 7 Unemployment Insurance Stamps .. .. 25 8 9 13 16 9 28 2 6 11 3 0 Unpresented Cheques .. .. .. 335 0 0 250 11 4 400 5 10 185 5 6 Victoria College Endowments Deposit Account 19 0 0 .. 19 0 0 Weraroa Agricultural Endowment Account— Revenue Account .. .. .. 151 9 8 768 9 3 44 2 5 875 16 6 Capital Account .. .. .. 699 11 8 .. .. 699 11 8 Wheat Research Levies .. .. .. 114 14 4 2,085 14 8 1,835 13 6 364 15 6 TOTALS .. .. .. 313,280 12 4 1,246,073 3 10 1,215,021 17 4 344,331 18 10

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1931 -193 2.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS for the FINANCIAL YEAR ended 31st March, 1932.

70

Particulars of Particulars of Total Receipts Total Disbursements Receipts. Disbursements. for Year. for Year. Auctioneers Act, 1928, Section 8. £ s. d. £ s. d. £ s. d. £ s. d. Receipts from insurance companies under fidelity-guarantee policies .. .. 630 17 4 .. 630 17 4 Amounts paid to claimants .. .. .. 15 0 0 .. 15 0 0 Balance, 31st March, 1932 .. .. .. .. • • 615 17 4 630 17 4 630 17 4 Dairy-produce Export Control Act, 1923. Balance, 1st April, 1931 .. .. .. .. •• 6,194 2 11 Levy on export .. .. .. .. 39,196 19 5 .. 39,196 19 5 Payments to Board .. .. .. .. 41,438 8 5 Transfer to Customs Vote —Cost of collecting, &o .. 418 11 4 — .. 41,856 19 9 Balance, 31st March, 1932.. .. .. .. .. .. 3,534 2 7 45,391 2 4 45,391 2 4 Deposits on Contracts. Balance, 1st April, 1931 .. .. .. •. •. 116 18 0 Deposits on account of contracts .. .. 1,377 17 6 .. 1,377 17 6 Refunds of deposits on account of contracts .. 1,494 15 6 .. 1,494 15 6 Balance, 31st March, 1932 1,494 15 6 1,494 15 6 Distribution of Wool Profits Account. Balance, 1st April, 1931 .. .. .. .. 2,428 14 7 Reissue of stale cheques .. .. .. .. 0 7 4 .. 0 7 4 Balance, 31st March, 1932 .. .. .. .. .. 2,428 7 3 2,428 14 7 2,428 14 7 Earthquake Relief Eund (West Coast). Balance, 1st April, 1931 .. .. .. .. .. 101 11 1 Contributions .. .. .. .. 41 18 0 Realization of investments .. .. 18,150 0 0 .. 18,191 18 0 Administration expenses .. .. .. .. 6 10 3 Allowances to settlers on account of loss of access to farms .. .. .. .. 1,783 4 1 Fares of refugees .. .. .. ■. 5 0 0 Medical treatment of refugees .. .. .. 14 0 0 Replacement of clothing and personal effects .. 20 0 0 Expenditure on restoration of earthquake damage, and towards replacement of loss, &e. .. 15,578 12 7 .. 17,407 6 11 Balance, 31st March, 1932 .. .. .. • • • • 886 2 2* 18,293 9 1 18,293 9 1 Education Reserves Act, 1928 : Sales of Land under Section 27. Primary Education Endowments. Balance, 1st April, 1931— Cash 2,145 7 5 Investments .. .. .. .. 11,850 0 0 .. 13,995 7 5 Sales of land .. .. .. 2,001 0 0 Interest on investments .. .. .. 533 5 0 .. 2,534 5 0 Balance, 31st March, 1932 — Cash •• 4,679 12 5 Investments .. .. .. .. •• 11,850 0 0 .. 16,529 12 5 16,529 12 5 16,529 12 5 * In addition to this cash balance, £2,921 15s. 5d. was held by the Public Trustee in the Common Fund at 31st March, 1932.

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-1932.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS—continued.

71

Particulars of Particulars ol Total Receipts Total Disbursements Receipts. | Disbursements. for Year, for Year. Education Reserves Act, 1928: Sales of £ s. d. £ s. d. £ s. d. £ s. d. Land under Section 27 —continued. Secondary Education Endowments : Auckland Provincial District. Balance, 1st April, 1931— Cash .. .. .. .. .. 116 18 7 Investments .. .. .. .. 300 0 0 .. 416 18 7 Interest on investments .. .. .. 13 10 0 .. 13 10 0 Balance, 31st March, 1932 — Cash .. .. .. .. .. .. 130 8 7 Investments .. .. .. . . .. 300 0 0 .. 430 8 7 430 8 7 430 8 7 Secondary Education Endowments : Taranaki Provincial District. Balance, 1st April, 1931 .. .. .. .. .. 64 14 0 Sales of land .. .. .. .. 200 0 0 .. 200 0 0 Balance, 31st March, 1932 .. .. .. .. .. 264 14 0 264 14 0 264 14 0 Secondary Education Endowments : Otago Provincial District. Balance, 1st April, 1931— Cash .. .. .. .. .. 16 14 5 Investments .. .. .. .. 300 0 0 .. 316 14 5 Sales of land .. .. .. .. 46 0 0 Interest on investments .. .. .. 13 10 0 .. 59 10 0 Balance, 31st March, 1932 — Cash .. .. .. .. .. .. 76 4 5 Investments .. .. .. .. .. 300 0 0 .. 376 4 5 376 4 5 376 4 5 Education Reserves Act, 1928 : Primary Education Endowment Deposit Account. Rents .. .. .. .. 83,208 1 3 Interest on funds held by Public Trustee .. 1,151 10 7 .. 84,359 11 10 Payments under Education Reserves Act, 1928— Section 30 (2), transfer to Vote " Education " for primary-education purposes .. .. 79,385 10 10 Section 31 (1), administration expenses .. .. 4,246 17 2 Section 31 (3), maintenance, repairs, &c. .. .. 255 1 11 Section 31 (3), surveys and permanent improvements .. .. .. .. .. 472 1 11 • .. 84,359 11 10 84,359 11 10 84,359 11 10 Education Reserves Act, 1928 : Secondary Education Endowment Deposit Accounts. Auckland Provincial District. ' Balance, 1st April, 1931 .. .. .. .. .. 1,056 7 1 Rents .. .. .. .. .. 2,912 12 8 .. 2,912 12 8 Amount transferred to Rotorua College and I Grammar School Account, to adjust revenue erroneously credited in previous years .. .. 640 8 0 Payments under Education Reserves Act, 1928— Section 30 (3), payments to secondary schools ». 2,101 12 0 Section 31 (1), administration expenses .. .. 148 8 11 .. 2,890 8 11 Balance, 31st March, 1932 .. .. .. .. .. 1,078 10 10 3,968 19 9 3,968 19 9 == . =

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1931-193 2.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS —continued.

72

Particulars of Particulars of Total Receipts Total Disbursements Receipts. Disbursements. for Year. for Year. Education Reserves Act, 1928: Secondary £ s. d. £ s. d. £ s. d. £ s. d. Education Endowment Deposit Accounts —continued. Taranaki Provincial District. Balance, 1st April, 1931 .. .. .. .. • • 30 14 8 Rents .. .. .. • • • • 938 9 8 Interest on funds held by Public Trustee .. 82 8 11 .. 1,020 18 7 Payments under Education Reserves Act, 1928— Section 30 (3), payments to secondary schools .. 333 8 9 Section 31 (1), administration expenses .. .. 37 2 11 Section 31 (3), maintenance, repairs, &c. .. .. 43 0 9 .. 613 12 S Balance, 31st March, 1932 .. .. .. .. .. 438 0 10 1,051 13 3 1,051 13 3 Wellington Provincial District. Balance, 1st April, 1931 .. .. .. .. • • 1,130 4 10 Rents .. .. .. •• 1,935 9 9 .. 1,935 9 9 Payments under Education Reserves Aot, 1928— Section 30 (3), payments to secondary schools .. 2,080 0 3 Section 31 (1), administration expenses .. .. 113 10 0 .. 2,193 10 3 Balance, 31st March, 1932 .. .. .. • • • • 872 4 4 3,065 14 7 3,065 14 7 Hawke's Bay Provincial District. Balance, 1st April, 1931 .. . ■ .. • • • • 508 2 1 Rents .. .. •• •• 1,609 16 10 .. 1,609 16 10 Payments under Education Reserves Act, 1928— Section 30 (3), payments to secondary schools .. 1,297 1 1 Section 31 (1), administration expenses .. .. 69 13 1 Section 31 (3), maintenance and repairs .. .. 2 5 0 .. 1,368 19 2 Balance, 31st March, 1932 .. .. .. .. • • 748 19 9 2,117 18 11 2,117 18 11 Nelson Provincial District. Balance, 1st April, 1931 .. .. .. • ■ • • 63 12 4 Rents 481 7 1 .. 481 7 1 Payments under Education Reserves Act, 1928— Section 30 (3), payments to secondary schools .. 458 5 0 Section 31 (1), administration expenses .. .. 24 3 11 .. 482 8 11 Balance, 31st March, 1932 .. .. .. • • • • 62 10 6 544 19 5 544 19 5 Marlborough Provincial District. Balance, 1st April, 1931 .. .. . • • • • ■ 32 9 6 Rents .. .. • • • • • • 88 3 0 .. 88 3 0 Payments under Education Reserves Act, 1928— Section 30 (3), payments to secondary schools .. 78 13 1 Section 31 (1), administration expenses .. .. 4 9 8 .. 83 2 9 Balance, 31st March, 1932 .. .. • • ; • • • • 37 9 9 120 12 6 120 12 6

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1931 - 1 932.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS —continued.

10— B. 1 [PT. ll].

73

Particulars of Particulars of Total Receipt* Total Disbursements Receipts. Disbursements. for Year. for Year. Education Reserves Act, 1928: Secondary £ s. d. £ s. d. £ s. d. £ s. d. Education Endowment Deposit Accounts —continued. Otago Provincial District. Balance, 1st April, 1931 .. .. .. .. .. 814 2 9 Rents .. .. .. .. .. 1,466 3 0 .. 1,466 3 0 Payments under Education Reserves Act, 1928— Section 30 (3), payments to secondary schools .. 1,461 16 11 Section 31 (1), administration expenses .. .. 77 16 7 .. 1,539 13 6 Balance, 31st March, 1932 .. .. .. .. .. 740 12 3 2,280 5 9 2,280 5 9 Emigrants' Deposits. Balance, 1st April, 1931 .. .. .. .. • • 15 0 0 Amounts received from emigrants by the High Commissioner .. .. .. .. 85 0 0 .. 85 0 0 Amounts paid over to emigrants in New Zealand .. 100 0 0 .. 100 0 0 100 0 0 100 0 0 . ■ | =—= General Assembly Library Fund. Pees for private Bills under section 272 of Legislature Act, 1908 .. .. .. 75 0 0 — .. 75 0 0 Balance, 31st March, 1932 .. .. .. . • • • 75 0 0 ! 75 0 0 75 0 0 _ i Gold Duty Suspense Account. Balance, 1st April, 1931— Ohinemuri County .. .. .. .. .. 276 17 10 Amounts retained from Gold Duty towards satisfaction of charge under section 18 of Waihou and Ohinemuri Rivers Improvement Act, 1910 — £ s. d. Ohinemuri County .. 347 17 0 Waihi Borough .. 2,653 16 0 Piako County 0 12 0 j 3,002 5 0 .. 3,002 5 0 j Transfers to Consolidated Fund, Ordinary Revenue Account, in terms of Finance Act, 1930 (No. 2), section 16 (2)— Ohinemuri County .. .. .. .. 170 8 5 Waihi Borough .. .. .. .. 2,653 16 0 Payment to local body of amount retained in excess of requirements— Ohinemuri County .. .. .. .. 106 9 5 .. 2,930 13 10 Balance, 31st March, 1932 — £ s. d. Ohinemuri County .. 347 17 0 Piako County .... 0120 .. .. .. 348 9 0 3,279 2 10 3,279 2 10 ' ■ ! ' " ~ : ======== Greymouth and Hokitika High Schools Acts, 1883. ! Balance, 1st April, 1931 .. .. ... .. • • 79 8 5 Rents .. .. .. .. .. 227 16 1 .. 227 16 1 Payments to Greymouth Technical High School .. 104 2 0 Payments to Hokitika High School .. .. 104 1 10 Administration expenses under Land Laws Amendment Act, 1927, section 4 .. .. 11 10 9 — .. 219 14 7 Balance, 31st March, 1932 .. .. .. .. •• 87 9 11 307 4 6 307 4 6 . 1 - 1 -= ——

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 193 1-1 9 32.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS —continued.

74

Particulars o* Particulars of Total Receipts Total Disbursements j Receipts. Disbursements. for Year. for Year. Hawke's Bay Earthquake Relief Fund. £ s. d. £ s. d. £ s. d. £ s. d. Balance, 1st April, 1931 .. .. .. .. •• 19,213 14 7 Contributions .. .. .. .. 72,624 11 3 _____ .. 72,624 11 3 Payments to Public Trustee .. .. .. 91,637 0 3 .. 91,637 0 3 Balance, 31st March, 1932 .. .. .. •• •• 201 5 7 91,838 5 10 91,838 5 10 Honey-export Control Act, 1924. Balance, 1st April, 1931 .. .. .. .. • • 14 9 7 Levy on export .. .. .. .. 138 6 4 —- .. 138 6 4 Payments to Board .. .. .. .. 143 15 8 Transfer to Customs Vote—Cost of collecting, &c. .. 7 11 11 .. 151 7 7 Balance, 31st March, 1932 .. .. .. •• 18 4 152 15 11 | 152 15 11 " : " 1 | — " Hospitals and Charitable .Institutions Act, 1926. Balance, 1st April, 1931— Marlborough Hospital Board .. .. 26 12 2 Waikato Hospital Board .. .. 61 9 10 .. 88 2 0 Rates collected — Auckland Hospital Board .. .. 9 9 6 Marlborough Hospital Board .. .. 77 7 11 Waikato Hospital Board .. .. 380 10 1 — .. 467 7 6 Payments to Hospital Boards — Marlborough Hospital Board .. .. .. 97 15 9 Waikato Hospital Board .. .. .. 304 0 10 Transfer to Vote " Valuation" for cost of levying Rates — Marlborough Hospital Board .. .. .. 5 0 0 Waikato Hospital Board .. .. .. 50 0 0 .. 456 16 7 Balance, 31st March, 1932 — Waikato Hospital Board .. .. .. 87 19 1 Marlborough Hospital Board .. .. .. 14 4 Auckland Hospital Board .. .. .. 9 9 6 , ... 98 12 11 555 9 6 555 9 6 Immigration Restriction Act, 1908. Balance, 1st April, 1931 .. .. .. •• •• 1,440 0 0 Deposits made by aliens .. .. .. 1,430 0 0 — .. 1,430 0 0 Repayments to aliens .. .. •• 1,760 0 0 Transferred to Miscellaneous Revenue —Deposits forfeited or unclaimed .. .. .. 20 0 0 — .. 1,780 0 0 Balance, 31st March, 1931 .. .. .. •• 1.090 0 0 2,870 0 0 2,870 0 0

1 [Pt. ll].

PUBLIC ACCOUNTS, 1 931 -1 93 2.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS—continued.

75

I - Particulars of Particulars of Total Receipts Total Disbursements Iteceipts. Disbursements. for Year. {or Year. Imperial Pensions. £ s. d. £ s. d. £ d. £ s. d. Amounts received from Imperial Government for payment of pensions .. .. 57,860 2 6 — .. 57,860 2 6 Pensions, &c., paid in New Zealand .. •• 1,701 12 7 .. 1,701 12 7 Balance, 31st March, 1932 .. .. •• •• 56,158 9 11 57,860 2 6 57,860 2 6 Imperial Stamps and Postal Orders. Balance, 1st April, 1931 .. .. .. • • ■ • 437 3 6 Stamps and postal orders supplied to H.M. New Zealand ships by the Admiralty .. 313 16 3 .. 313 16 3 Postal orders paid .. . • • • • • 403 8 9 .. 403 8 9 Balance, 31st March, 1932 .. .. .. •• •• 347 11 0 750 19 9 750 19 9 Interest on Cash Balance Investments Account. Balance, 1st April, 1931 .. .. .. • ■ • • 720 12 8 Interest on investments in New Zealand .. 40,943 10 5 Interest on investments in London .. 31,183 4 1 .. 72,126 14 6 Amounts credited to Ordinary Revenue Account .. •• •• •• 31,462 14 10 Amounts credited to other accounts .. .. 32,988 6 9 Amounts paid to the State Advances Office .. .. 29 19 1 .. 64,481 0 8 Balance, 31st March, 1932 .. .. •• •• •• 8,366 6 6 72,847 7 2 72,847 7 2 Kauri-gum Control Act, 1925. Balance, 1st April, 1931 .. .. .. • • • • 84 18 7 Levy on export .. .. .. •. 930 .15 7 .. 930 15 7 Payments to Board .. .. . ■ ■ • 963 8 10 Transfers to Customs Vote —Cost of collection, &c • • 9 14 3 .. 973 3 I Balance, 31st March, 1932 .. .. •• •• •• 42 11 1 ... . ,. r . .. v. ..... . 1,015 14 2 1,015 14. 2 - Land Assurance Fund Account. ; : Balance, 1st April, 1931 .. .. .. •• •• 22,000 0 0 Balance of account transferred to Consolidated Fund, Ordinary Revenue Account —Miscellaneous revenue, in terms of section 25, Finance Act, 1931 (No. 2) .. .. .. 22,000 0 0 .. 22,000 0 0 22,000 0 0 22,000 0 0

B.—l [PT. ll].

PUBLIC ACCOUNTS, 193 1-1 9 32.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS —continued.

76

I I Particulars of Particulars of | Total Receipts Total Disbursements Iteceipts. Disbursements. ! for Year. for Year. Meat-jsxpobt Contbol Act, 1921-22. £ s. d. £ s. d. £ s. d. £ s. d. Balance, 1st April, 1931 .. .. .. 1,472 8 10 Levy on export .. .. .. .. 31,901 17 6 — .. 31,901 17 6 Payments to Board .. .. .. .. 32,059 15 9 Transfers to Customs Vote —Cost of collecting, &c .. 333 14 11 _ _ 22 393 10 8 Balance, 31st March, 1932 .. .. .. .. .. 980 15 8 33,374 6 4 33,374 6 4 Mining Act, 1926. Balance, 1st April, 1931 —- Thames and Coromandel Native Account .. 26 4 1 Thames and Coromandel European Account 18 14 4 Thames High School .. .. .. 34 8 0 Grevmouth Harbour Board .. .. 2 0 0 .. 81 6 5 Goldfields revenue received under section 25 (c), Mining Act, 1926, payable to Native and European owners, and special endowments — Section 447 (5), Mining Act, 1926 — Thames and Coromandel Native Account 68 8 10 Thames and Coromandel European Account .. .. .. .. 58 8 4 Section 6, Thames Boys' and Girls' High School Act, 1878— Thames High School .. .. .. 66 17 1 Section 7, Greymouth Harbour Board Act, 1884— Grevmouth Harbour Board .. .. 10 0 — .. 194 14 3 Revenues paid over under section 447 (5), Mining Act, 1926, to— Waikato - Maniapoto District Maori Land Board, in terms of section 17 of the Native Land Amendment and Native Land Claims Adjustment Act, 1928 — Thames and Coromandel Native Account .. 34 7 7 European owners— Thames and Coromandel European Account .. .. .. .. .. 34 18 0 .. 69 5 7 Balance, 31st, March, 1932 — Thames and Coromandel Native Account .. .. 60 5 4 Thames and Coromandel European Account .. 42 4 8 Thames High School .. .. .. .. 101 5 1 Greymouth Harbour Board .. .. .. 3 0 0 .. 206 15 1 276 0 8 276 0 8 Miscellaneous Deposits. Balance, 1st April, 1931 .. .. .. .. .. 28,095 18 4 Receipts .. .. .. .. 87,977 11 10 .. 87,977 11 10 Payments .. .. .. .. .. 88,219 6 9 .. | 88,219 6 9 Balance, 31st March, 1932 .. .. .. .. .. j 27,854 3 5 116,073 10 2 j 116,073 10 2

B. —1 [PT. ll].

PUBLIC ACCOUNTS, 1931 -1932.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS—continued.

77

Particulars of Particulars of Total Receipts Total Disbursements Receipts. Disbursements. for Year. for Year. Money-order Settlement Account. £ s. d. £ s. d. £ s. d. £ s. d. Balance, 1st April, 1931 .. .. .. .. .. 3,118 9 7 Amounts received for settlement of moneyorder transactions on behalf of the Post Office 109,134 0 5 .. 109,134 0 5 Payments .. .. .. .. .. 96,100 16 5 Premium on exchange transferred to Deposits Account Miscellaneous for payment to Post Office .. .. .. .. .. 2,508 7 5 .. 98,609 3 10 Balance, 31st March, 1932 .. .. .. .. .. 13,643 6 2 112,252 10 0 112,252 10 0 Moumaiiaki Endowment. Revenue Account. Balance, 1st April, 1931 .. .. ■ • •. • • 118 17 0 Reserves and other Lands Disposal and Public Bodies Empowering Act, 1924, section 130— Rents from leases .. .. .. 444 8 11 Interest on Investments .. .. .. 38 5 0 .. 482 13 11 Refund to Vote " Agriculture " of expenditure on agricultural instruction chargeable against the endowment. Section 130 (3), Reserves, &c., Act, 1924 .. .. .. .. 261 1 11 Administration expenses under Land Laws Amendment Act, 1927, section 4 .. .. 22 4 6 — — .. 283 6 5 Balance, 31st March, 1932 .. .. .. .. .. 318 4 6 Capital Account. Balance, 1st April, 1931 .. .. ■. ■ • • • 906 8 3 Sales of buildings .. .. .. 3 17 0 .. 3 17 0 Balance, 31st March, 1932 — Cash .. .. .. .. .. ■. 60 5 3 Investments .. .. .. .. .. 850 0 0 .. 910 5 3 1,511 16 2 1,511 16 2 Naval Remittances. Balance, 1st April, 1931 .. .. .. .. .. 3,614 15 3 Remittances from officers and ratings of the New Zealand Division of the Royal Navy.. 9,837 9 9 .. 9.837 9 9 Payments through the Admiralty .. .. .. 11,407 17 10 — .. 11,407 17 10 Balance, 31st March, 1932 .. .. .. .. .. 2,044 7 2 13,452 5 0 13,452 5 0 Nelson Rifle Prize Fund. Balance, 1st April, 1931 — Cash .. .. .. .. .. 66 8 6 Investments .. .. .. .. 1,000 0 0 .. 1,066 8 6 Interest on investments . . .. . . 47 0 0 .. 47 0 0 Finance Act, 1928, section 14— Payments on account of prizes for rifle shooting .. .. .. .. .. i 35 0 0 ; .. 35 0 0 Balance, 31st March, 1932 — Cash .. .. . . •. .. •. 78 8 6 Investments .. .. .. .. .. 1,000 0 0 .. 1,078 8 6 1,113 8 6 1,113 8 6

B.—] [Pt. ll],

PUBLIC ACCOUNTS, 1931-193 2.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS—continued.

78

Particulars of Particulars of Total Receipts Total Disbursements Receipts. Disbursements. for Ye&r. for Year. New Zealand Reparation Estates. £ s. d. £ s. d. £ s. d. £ s. d. Amounts received at Apia, to be repaid at Wellington . . .. .. .. 6,273 18 7 .. 6,273 18 7 Amounts repaid at Wellington .. .. .. 6,264 8 7 .. 6,264 8 7 Balance, 31st March, 1932 .. .. .. .. .. 9 10 0 6,273 18 7 6,273 18 7 New Zealand University Endowment, Westland. Balance, 1st April, 1931— Cash 172 1 3 Investments .. .. .. .. 2,300 0 0 .. 2,472 13 Rents from lands reserved under the University Endowment Act, 1868, for disposal under section 35 of the New Zealand University Act, 1908 .. .. .. .. 68 15 0 Interest on investments .. .. .. 102 15 0 .. 171 10 0 .. Administration expenses under— Land Laws Amendment Act, 1927, section 4 .. Cr. 0 17 11 N.Z. University Act, 1908, sections 34 and 35 .. 59 8 2 .. 58 10 3 Balance, 31st March, 1932— Cash .. .. .. .. .. • • 285 1 0 Investments .. .. .. .. .. 2,300 0 0 .. 2,585 1 0 2,643 11 3 2,643 11 3 North Island Experimental Dairy School. Balance, 1st April, 1931 — Cash .. .. .. .. .. 2,022 16 II Investments .. .. .. .. 7,500 0 0 .. 9,522 16 11 Receipts from lands under Reserves and Crown Lands Disposal and Enabling Act, 1896, section 8, and Waimate Agricultural Reserve Dairy School Act, 1906 —Rents .. 200 15 11 Proceeds sale of timber — Principal . . •. .. . • 143 15 0 Interest .. .. • • . . 1 16 0 Interest on investments .. .. .. 313 9 3 .. 659 16 2 Administration expenses under Land Laws Amendment Act, 1927, section 4 .. .. 17 6 5 Expenditure under section 17, Reserves and other Lands Disposal Act, 1931 —Cost of planting shelter belt .. .. .. .. 143 0 0 .. 160 6 5 Balance, 31st March, 1932 — Cash ■ • 2,522 6 8 Investments .. .. .. . • • • 7,500 0 0 .. 10,022 .6 8 10,182 13 1 10,182 13 1

B.—l [Pt.-ll].

PUBLIC ACCOUNTS, 1 9 31-193 2.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS —continued.

79

Particulars of Particulars of Total Receipts Total Disbursements Receipts. Disbursements. for Year. for Year. i Orchard-tax Act, 1927. £ s. d. £ s. d. £ s. d. £ s. d. Balance, 1st April, 1931— Tax levied for general purposes .. .. 268 7 8 Tax levied for protection from fireblight— Hawke's Bay District .. .. 23 6 6 Thames District .. .. .. 36 11 0 Waimea District .. .. .. 32 0 3 Gisborne District .. .. .. 3 111 .. 363 7 4 Section 3, tax levied for general purposes .. 1,117 17 5 Section 4, tax levied for protection from fireblight— Christchurch District .. .. .. 8 16 0 Thames District .. .. .. Dr. 1 10 0 Waimea District .. .. .. 468 16 0 Marlborough .. .. .. .. 8 4 6 Gisborne District .. .. .. 9 3 5 Wairarapa .. .. .. .. 18 0 Rangiora .. .. .. .. 12 0 .. 1,613 17 4 Section 6, expenses of collection and administration transferred to Vote " Agriculture " — Tax levied for general purposes .. .. .. 459 16 0 Tax levied for protection from fireblight— Hawke's Bay District .. .. . . 0 2 6 Thames District .. .. .. . . 2 10 6 Waimea District .. .. .. .. 6 16 0 Gisborne District .. .. .. .. 3 4 6 Section 7, tax levied for general purposes— Payment to New Zealand Fruitgrowers' Federation, Ltd. .. .. .. .. 815 1 9 Section 8, fireblight— Payments to Fireblight Committees — £ s. d. Hawke's Bay .. 23 4 0 Gisborne .. .. 8 2 10 Waimea .. .. 25 4 3 Thames .. .. 32 10 6 .. 89 1 7 .. 1,376 12 10 Balance, 31st March, 1932 — Tax levied for general purposes .. .. .. Ill 7 4 Tax levied for protection from fireblight— Christchurch District .. .. . . 8 16 0 Marlborough District .. .. .. 8 4 6 Waimea District .. .. .. .. 468 16 0 Gisborne District .. .. .. .. 0180 Wairarapa District .. .. .. .. 18 0 Rangiora District .. .. .. . . 12 0 .. 600 11 10 1,977 4 8 1,977 4 8 I Payments through the High Commissioner. Balance, 1st April, 1931 .. .. .. .. .. 1,878 16 9 Amounts remitted to the High Commissioner for payment on behalf of various persons .. 76,796 17 4 .. 76,796 17 4 Payments by the High Commissioner .. .. 53,901 0 9 .. 53,901 0 9 Balance, 31st March, 1932 .. .. .. .. .. 24,774 13 4 78,675 14 1 78,675 14 1 Post Office Savings-bank Deposits. Amounts received by the High Commissioner from various depositors .. .. 40 0 0 .. 40 0 0 Payments to Post Office .. .. .. .. 40 0 0 .. 40 0 0 40 0 0 40 0 0

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS-continued.

80

Particulars of Particulars of Total Receipts Total Disbursements Receipt*. Disbursements. for Year. for Year. ! Promotion of Health Fund. £ s. d. £ s. d. £ s. d. £ s. d. Balance, 1st April, 1931 .. .. .. •• •• 2,253 6 5 Donations .. .. • ■ • • 12 15 9 Receipts from sale of Charity stamps .. 441 12 1 .. 454 7 10 Transfer to Vote " Health " tinder section 34 (3), Finance Act, 1929 .. .. . • •. 2,633 5 0 .. 2,633 5 0 Balance, 31st March, 1932 .. .. .. • • • • 74 9 3 2,707 14 3 2,707 14 3 Receipts by the High Commissioner for PAYMENT IN NEW ZEALAND. Balance, 1st April, 1931 .. .. •• •• •• 2,167 11 1 Amounts received by High Commissioner for payment to various persons and bodies .. 149,199 16 10 .. 149,199 16 10 Payments in New Zealand .. .. .. 148,298 5 1 3 . . 148,298 5 1 Balance, 31st March, 1932 .. .. .. .. •• 3,069 2 10 151,367 7 11 151,367 7 11 i ... Receiver-General's Deposit Account. Balance, 1st April, 1931 — Investments .. .. .. •• •• •• 111,000 0 0 Investments realized and proceeds paid to the Receiver-General .. .. .. •. 20,000 0 0 .. 20,000 0 0 Balance, 31st March, 1932 — Investments .. .. .. •• •• •• •• 91,000 0 0 111,000 0 0 111,000 0 0 Remittances to Immigrants. Balance, 1st April, 1931 .. . • ■ • • ■ • • 28 0 0 Amounts paid in for remittance to immigrants through the High Commissioner .. .. 88 0 0 6 , .. 88 0 0 Amounts remitted through the High Commissioner 91 ° ° .. 91 0 0 Balance, 31st March, 1932 .. .. .. • • • • 25 0 0 116 0 0 116 0 0 I - - - I ====«„== ' ' Rotorua College and Grammar School Account. Amount transferred from Secondary-education Endowments, Auckland Provincial District, to adjust revenue undercredited in previous years 640 8 0 Expenditure under Reserves and other Lands .. 640 8 0 Disposal Act, 1926, section 12 (2) (a) — ' Transfer to Public Works Bund (Vote — Education Buildings) as a credit in reduction of expenditure incurred from the Education Loans Account in connection with erection of Rotorua High School .. .. 640 8 0 .. 640 8 0 640 8 0 640 8 0

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS—continued.

11— B. 1 [PT. ll].

81

Particulars of Particulars of Total Receipts Total Disbursements Receipts. Disbursements. for Year. for Year. Samoan Loan Sinking Fund Account. Balance, 1st April, 1931— Cash .. .. ■■ •• • • 451 3 3 Investments .. .. .. •• 18,288 8 0 .. 18,739 11 3 Interest on investments .. .. .. 944 14 7 Sinking Fund contribution from Samoan Treasury under section 33 (2), Samoa Act, 192!.. .. .. .. •• 2,707 17 8 .. 3,652 12 3 Balance, 31st March, 1932 — Cash • ■ 103 15 6 Investments .. .. ■■ ■■ 22,288 8 0 .. 22,392 3 6 22,392 3 6 22,392 3 6 Samoan Notes Security Account. Balance, 1st April, 1931 —■ Investments .. .. . ■ • • • • • • 32,000 0 0 Interest on investments .. .. .. 1,420 0 0 .. 1,420 0 0 Transferred to Samoan Treasury Account — Interest on investments .. .. ■. 1,420 0 0 .. 1,420 0 0 Balance, 31st March, 1932— Investments .. .. .. • • • • • ■ • • 32,000 0 0 33,420 0 0 33,420 0 0 Samoan Treasury Account. Balance, 1st April, 1931 — Cash 4,132 17 10 Investments .. .. .. .. 6,500 0 0 .. 10,632 17 10 Amounts received on behalf of the Samoan Treasury .. .. •• 14,530 16 7 Interest on investments .. .. .. 248 0 1 Interest on investments of the Samoan Notes Security Account .. .. •. 1,420 0 0 Repayment in Wellington of amounts paid to New Zealand Reparation Estates in Apia .. 19,500 0 0 Advance from Consolidated Fund in terms of section 33, Samoa Act, 1921 .. .. 6,000 0 0 .. 41,698 16 8 Payments made on behalf of the Samoan Treasury .. .. •• •• • • 36,324 10 5 Interest paid on loans from New Zealand Government .. .. .. • • • • p > 363 0 0 Sinking Fund Contribution on loans .. .. 2,707 17 8 ■ — .. 47,395 8 1 Balance, 31st March, 1932— Cash .. .. •. • • • • •• 836 6 5 Investments •• 4 ' 100 0 0 4,936 6 5 52,331 14 6 52,331 14 6 State Advances Investments. Amounts received from State Advances Office for investment .. .. .. 350,000 0 0 Interest on investments .. .. .. 2,406 5 0 .. 352,406 5 0 Interest paid to State Advances Office .. .. 2,406 5 0 Securities realized and proceeds paid over to State Advances Office .. .. •• •• 350,000 0 0 .. 352,406 5 0 352,406 5 0 352,406 5 0

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1931-193 2.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS —continued.

82

Particulars of Particulars ol Total Receipts Total Disbursements Receipts. Disbursements. for Year. for Year. Taranaki Scholarships Endowment £ s. d. £ s. d. £ s. d. £ s. d. Account. Balance, 1st April, 1931 .. Rents • • • ■ 0(111 18 4 .. 909 18 4 Payments to Public Trustee in terms of section 22, New Zealand University Amendment Act, 1914 ■ ■ • • • • • ■ ®95 14 7 Administration expenses under section 4, Land Laws Amendment Act, 1927, and section 31 (2), Land Laws Amendment Act, 1929 .. . . 45 9 10 _ Balance, 31st March, 1932 .... .. I ■ ■ - 342 8 10 i 1,283 13 3 1,283.13 3 , - j Tauranga Educational Endowment Reserves Act, 1896. Balance, 1st April, 1931 Transfer to Vote " Education," in terms of section 7, Tauranga Educational Endowment Reserves Act, 1896 .. • ■ • • 169 18 8 169 18 8 169 18 8 —I - - ========== — Thermal Springs Districts Act, 1910. Balance, 1st April, 1931 Rents • • • • 26 3 6 .. 26 3 C Payments to Waiariki District Maori Land Board of rents due to Natives .. .. • • 37 19 6 37 19 6 Balance, 31st March, 1932 .. .. • • • • - 13 1 9 51 1 3 51 1 3 Trustee Act, 1908. Balance, 1st April, 1931 .. .. •• •• •• 8,397 17 2 Receipts under section 66 .. .. ! 38 2 4 38 2 4 Disbursements .. .. . • ■ • ; • • 1 > 3 6 Balance, 31st March, 1932 .. . . .. • ■ •• 7 ' 247 16 0 (Details on separate statement). 8,435 19 6 8,435 19 6 Unclaimed Earnings. Balance, 1st April, 1931 .. .. .. .. •• 2,740 9 4 Workmen's earnings unclaimed and paid to Public Account .. .. •• 1,924 2 0 .. 1,924 2 0 Amounts paid to claimants .. .. •• 1,35704 Amount transferred to Miscellaneous Revenue < unclaimed) 2,156 10 5 .. 3,513 10 9 Balance, 31st March, 1932 .. . . •• •• 1,151 0 7 4,664 11 4 4,664 11 4 [ Unemployment Insurance Stamps. Balance, 1st April, 1931 .. .. • • • • • ■ 25 8 9 Amounts received from sale of stamps .. 13 16 9 13 16 9 Amounts from sale of stamps paid to Ministry of Labour, London .. .. • • 28 2 6 — .. Zo Z o Balance, 31st March, 1932 .. .. •• •• 113 0 39 5 6 39 5 6

B.—l [PT. ll]. - i : :i """ a '

PUBLIC ACCOUNTS, 1931-1 9 3 2.

DETAILS of RECEIPTS and DISBURSEMENTS of DEPOSIT ACCOUNTS—continued.

83

I I Particulars of Particulars of Total Receipts I Total Disbursements Receipts. Disbursements. for Year. " for Year. Unpresented Cheques. £ s. d. £ s. d. £ s. d. £ s. d. Balance, 1st April, 1931 .. • ■ 335 0 0 Cheques unpresented and paid to Public Account .. .. .. 250 11 4 .. 250 11 4 ... Amounts paid to claimants .. .. .. 103 16 0 Amount transferred to Miscellaneous Revenue : (unclaimed) .. • 296 9 4 . .. • 400 5 10 I Balance, 31st March, 1932 .. .. .. .. . . 185 5 6 | 585 11 4 585 11 4 Victoria College Endowments Deposit Account. -: Balance, 1st April, 1931 .. .. .. .. "•• 19 0 : 0 .. Payment to Victoria College .. .. •• 19 0 0 y —: .. 19 0 0 19 0 0 I .. 19 0 0 WeRAROA AoBICULTtTRAL ENDOWMENT Account. Revenue, Account. Y Balance, 1st April, 1931 .. .. .. • • • • 151 9 8 Receipts under section 12, Reserves and other • . ;■•' ' : Lands Disposal Act, 1928—Rents .. 741 9 3 Interest on investments .. .. .. 27 0 0 , .. 768 9 3 ' ■ : ; Administration expenses under section 4, . ; Land Laws Amendment Act, 1927 .. .. 44 2 5 T .. I ;: 44 2 5 Balance, 31st March, 1932 .. .. .. •. ■ • ."' 875 16 6 Capital Account. Balance, 1st April, 1931— Cash 99 11 8 Investments .. .. . • ■ • 600 0 0 .. 699 11 81.; Balance, 31st March, 1932— ; ■ Cash •• 99 11 8 Investments .. .. .. • • • • 600 0 0 . .. ' 699 11 8 1,619 10 7 1,619 10 7 I Wheat Research Levies. Balance, 1st April, 1931 .. .. _.. •• •• 114 14 4- a Levies received for research in connection j ! ' , with wheat aid flour .. .. .. 2,085 14 8 ; ; .. 2,085 14 8 :.' Amount transferred to Vote " Scientific and '' '- :■ '.- ■ Industrial Research" in terms of the | . . Finance Act, 1927 (No. 2), section 27(1) .. .. 1,835 13 6 K " .. • 1,835 13 6 Balance, 31st March, 1932 .. .. . • • • • • | 364 15 6 2,200 9 0 2,200 9 0

B.—l [Fx. ll].

STATEMENT of RECEIPTS and DISBURSEMENTS under the Trustee Act, 1908, to 31st March, 1932, with Particulars of the BALANCE at CREDIT in the DEPOSIT ACCOUNT on that Date. (Published in Terms of Section 72 of the Trustee Act, 1908.)

PUBLIC ACCOUNTS, 1931-1932.

84

' ' I i . RECEIPTS. DISBURSEMENTS. 1931. £ s. d. £ s. d. 1931. £ s. d. £ s. d. April 1 Balance on 1st April, 1931 .. .. .. .. 8,397 17 2 April 7 Estate of E. W. Alexander .. .. .. 649 7 8 June 29 Southland Woollen Mills, Ltd. (in liquidation) .. .. 38 2 4 August 27 „ Edward Ruddock .. .. .. 538 15 10 : 1,188 3 6 1932. March 31 Balances on 31st March;, 1932— Estate of Susan Small wood .. .. .. 93 10 0 j „ J. Matheson and II. Gracie .. .. 414 3 3 „ Mary McKav .. .. .. 43 3 10 William Tattley .. .. .. 45 1 5 „ Barthia Wilkie .. .. .. 287 11 1 „ Robert Miller .. .. .. 22 4 7 „ Paora Parau and W. R. Miller .. .. 23 0 0 „ Francis Humphreys Heighway .. .. 46 12 5 „ George Moore .. .. .. 2,414 0 0 | „ Richard Galwav .. .. ;. 836 13 9 „ John Burk .. .. .. .. 74 .7 10 I I „ Geoffrey Arthur Harney .. .. 44 15 3 „ John Hewitt .. .. .. 162 12 0 „ Mark Earl .. .. .. .. 150 0 0 ,, Edward Thurlow Field .. .. 24 8 1 Michael McKey .. .. .. 2,249 5 4 ,, Martha Robinson .. .. .. 38 17 11 „ John Bealy .. .. .. .. 49 17 I „ Ernest Groome Gresham .. .. 23 1 8 Moanatairi Extended Gold-mining Co. .. .. 16 7 8 Direct Supply Co., Ltd., Auckland (in liquidation) 33 5 10 Wellington-Man awatu Railway Co., Ltd... .. 95 9 8 Inglewood Oil-boring and Prospecting Co., Ltd. .. 21 5 0 Southland Woollen Mills, Ltd. (in liquidation) . * 38 2 4 7,247 16 0 Total .. .. .. .. £8,435 19 6 Total .. .. .. .. .. £8,435 19 6

B.—l [Ft. 111,

PUBLIC ACCOUNTS, 1931-193 2.

PUBLIC WORKS FUND.—GENERAL PURPOSES ACCOUNT.

DETAIL STATEMENT of RECOVERIES on Account of EXPENDITURE of PREVIOUS YEARS, for the FINANCIAL YEAR ended 31st March, 1932.

STATEMENT of IMPRESTS of the PUBLIC WORKS FUND (GENERAL PURPOSES ACCOUNT) OUTSTANDING as at the 31st March, 1932, showing the SERVICES for which they were issued.

85

Public Works Department : — £ s. d. £ s. d. £ s. d. Allocation of general " departmental" administration expenditure in accordance with Cabinet decision, — For the Year 1930-31— : . Electric Supply Account .. .. .. 24,941 0 0 Amount deducted from contract-money due to Hansford and Mills Construction Co., applied in payment on account of Kairuru Marble Quarry Mortgage 4,231 8 2 Instalment — Of purchase price— Galloway Experimental Farm .. .. .. 126 11 0 Makomako Sawmill .. .. .. .. 400 0 0 On loan to — Gore Borough Council .. .. .. • • 262 7 4 Mangawara River Board .. .. .. 333 6 8 Otanomomo River Board .. .. .. 31 19 7 Recovery of — Balance of cost of construction, private siding for Egmont Collieries .. .. •• 1,736 0 0 ' ; Proportion of departmental supervision charges, Tawa Flat 8,991 0 0 Repayment of advances in respect of village-homestead settlement lands .. .. .. .. • • 92 11 6 Sale of—■ Land and buildings .. .. .. ■■ 5,149 17 5 Surplus and obsolete stores .. .. • • 1,246 4 9 Waimunga Experimental Farm .. .. .. 1,800 0 0 49,342 6 5 Post and Telegraph Department : — Sale of platinum scrap .. .. .. .. • • 31 18 5 Department oe Health : — Reduction of expenditure on alterations to St. Helens Hospital, Christchurch .. .. .. •• •• 100 Defence Department : — Recovery of— Depreciation on barge .. .. .. .. 436 0 0 Insurance on Drill Hall, Gisborne, destroyed by fire .. 2,945 0 0 Sale of — Barge .. .. .. ■. • • • • 102 0 0 Land and buildings .. .. .. ■ • 524 4 5 Surplus and obsolete stores .. .. •. 32 3 0 4,039 7 5 Department oe Education :— Cement supplied to Napier Girls' High School .. .. 37 7 2 Recovery of legal expenses, Parawera Native School site 2 17 0 40 4 2 Department of Immigration : — Recovery of advance made in 1930-31 .. .. 4 7 4 Refund on account of railway season ticket .... 37 9 3 1 Sale of furniture .. .. . • • • • • 168 3 0 — 209 19 7 Railway Department : — Sale of bridges, Upper Waitaki .. .. .. 12,500 0 0 Sale of land and railway cadets'hostel thereon.. .. 6,050 0 0 18,550 0 0 £72,214 16 0

Public Works Fund : — £ e. d. General Purposes Account, — Vote —Department of Immigration .. .. •• •• •■ •• 1,649 0 0 -Roads, &c 962 2 » —Telegraph Extension .. .. •• ■• •• •• •■ 0 17 8 £2,611 19 11

B.—l [Pt. ll]. ~

PUBLIC ACCOUNTS. 1931 - 1 932.

PUBLIC WORKS FUND. ELECTRIC - SUPPLY ACCOUNT.

DETAIL STATEMENT of RECOVERIES on Account of EXPENDITURE of PREVIOUS YEARS, for the FINANCIAL YEAR ended 31st March, 1932.

LAND FOR SETTLEMENTS ACCOUNT.

DETAIL STATEMENT of RECOVERIES on ACCOUNT of EXPENDITURE of PREVIOUS YEARS for the FINANCIAL YEAR ended 31st March, 1932.

DETAIL STATEMENT of EXPENDITURE relating to Purchase of and Incidental Expenses in connection with Estates in the LAND FOR SETTLEMENTS ACCOUNT and of CREDITS IN REDUCTION of such Expenditure for the Financial Year ended 31st March, 1932.

86

Sale of— £ s. d. £ s. d. Land and buildings .. .. .. .. .. .. 159 10 0 Surplus and obsolete stores .. .. .. .. .. .. 16 8 6 175 18 6

£ s. d. £ s, d. .Repayment of loan — On Benmore —Otago University .. .. • • • • .. 18 5 7 On YVanganui River Trust Loan Block .. .. .. .. .. 78 0 10* 96 6 5 * Legislation validating this receipt will be obtained by the Department of Lands and Survey.

Name of Estate. Purchase-money. Total. Expenditure under the Land for Settlements Act, 1925, Section 45, — Acquirement of Estates — £ s. d. £ s. d. Awamate .. .. .. .. .. . ■ . ■ 174 1 10 Bridge and Bloomfields .. .. .. . • •• 117 19 11 Bryce .. .. .• .. •• •• • • • • 9,488 11 0 Downs .. .. .. .. .. •• 2,161511 Dreadon.. .. .. .. .. .. .. .. 119 8 0 Galatea .. .. .. .. .. .. •• •• 94,665 14 9 Hannon .. .. .. .. .. 4,631 12 6 Hutt Valley .. .. .. .. . • • • •. 45 0 0 Kakariki .. .. .. .. .. .. .. 493 MeCallum .. .. .. .. .. .. 1,000 0 0 Morgan .. .. .. .. .. .. .. .. 12 5 0 Nolan .. .. .. .. .. •• .. .. (7r. 1 17 3 Norwegians .. .. .. .. .. . • • • 18 8 4 Otarao .. .. .. .. •• ■• • • • • 153 14 1 Renner .. j .. .. .. .. .. •• 4,041 0 2 Reynolds .. . . . ■ . . . - -. • • 3,882 14 6 Rockburn . . .. .. .. . . .. • ■ 14 19 0 Rylands .. .. .. • • .. • ■ ■ • 5 10 7 Tauraroa .. .. .. •. . • •• . • 5,592 13 2 TePoi 4,251 7 0 Wairakau .. .. .. .. .. •• •• 29,309 10 6 : : 159,838 8 3 Incidental Expenses. Expenses incidental to Estates — £ s. d. Ahiaruhe .. .. .. .. .. .. ■■ 219 10 11 Almadale .. .. .. .. .. .. .. 0 19 0 Apanui .. .. .. .. .. . - • • • • 42 19 8 Aponga .. .. .. .. .. .. .. •. 86 7 2 Ardkeen .. .. .. .. .. .. . • 14 14 7 Arthurton .. .. .. .. .. .. .. 9973 Ashton .. .. .. .. .. .. ■. .. 1 8 10 Awamate .. .. .. .. .. . • .. 122 9 8 Awamoa .. .. .. .. .. .. . • 3 13 3 Bryce .. .. .. .. - • •• - - • • 37 2 5 Buckley .. .. .. .. .. .. .. 060 Carried forward .. .. .. .. 628 18 9 159,838 8 3

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

DETAIL STATEMENT of EXPENDITURE relating to Purchase of and Incidental Expenses in connection with Estates in the LAND FOR SETTLEMENTS ACCOUNT and of CREDITS IN REDUCTION of such Expenditure for the Financial Year ended 31st March, 1932 —continued.

87

Name ol Estate. Incidental Expenses. Total. £ s. a. £ a. a. Brought forward .. .. .. .. 628 18 9 159,838 8 3 Expenditure under the Land for Settlements Act, 1925, Section 45—continued. Expenses incidental to Estates—continued. Downs .. .. .. .. .. .. .. .. 179 6 0 Fern hill .. .. .. .. .. . . .. .. 11 10 0 Fernleigh .. .. .. .. .. .. .. 27 7 9 Gorton .. .. .. .. .. .. .. .. 300 Hall-Jones .. .. .. .. .. .. .. 200 Hannon ., .. .. .. .. .. .. 9 4 2 Heights .. .. .. .. .. .. .. .. j 256 Hereford Park .. .. .. .. .. .. .. 3 11 4 Hillersden .. ,. . . .. .. .. .. 26 0 0 Horahia .. .. .. .. .. .. .. 164 Hutt Valley .. .. .. .. .. .. .. 4,529 7 3 Kakariki .. .. .. . . . . .. .. 98 15 8 Kohika No. 2 .. . . .. .. .. .. .. 3 0 4 Kopane .. .. . .. 0118 Lake .. .. .. . . .. 1 11 3 Makareao .. .. .. .. . . . . . 550 2 6 Matakitaki .. .. .. .. .. .. .. 150 19 6 McOallum .. . . .. .. . . . . .. 3 14 6 Meadows .. .. .. .. .. .. .. 0 13 2 Melville Park . . . . .. .. . . .. .. 106 18 8 Moroa .. .. .. .. .. .. .. .. 200 0 0 Motutara .. .. .. .. .. .. .. 445 Nelson .. .. .. .. .. .. .. .. 880 Nesdale .. .. .. .. . . .. . . .. 12 0 Normandale .. .. .. .. .. .. .. 1 17 11 Ohauiti .. .. .. .. .. .. .. .. 223 Olliver .. .. .. .. .. .. .. .. 037 Parahi .. .. .. .. .. .. .. .. 429 Piu .. .. .. .. .. .. .. .. 23 2 7 Puahue .. .. .. .. .. ■■ .. .. 256 Ratapiko .. .. . . .. .. .. .. 5 50 Remuera .. .. .. .. . . .. .. 1 15 0 Renner .. .. .. .. .. .. .. .. 780 Reparoa .. .. .. . . .. . . .. 13 19 3 Rosebery .. .. .. .. .. .. .. 1 10 4 Rylands .. .. .. .. .. .. .. 57 11 0 Strathmore .. .. .. .. .. .. .. 0 15 2 Tahaia .. .. .. .. .. .. .. .. 0 15 1 Tamatea .. .. .. .. .. .. .. 57 10 0 Tangowahine .. .. .. .. .. . . . . 14 18 6 Tauraroa .. .. .. .. .. .. .. 660 Te Ore Ore .. .. .. .. .. .. . . 8 10 0 Te Poi .. .. .. .. .. .. .. .. 5 5 0 Te Pua .. .. .. .. .. .. . . .. 49 12 6 TeWera .. .. .. .. .. .. .. 2,248 0 8 Tongoio .. .. .. .. .. .. .. 7 14 6 Tripp .. .. .. .. .. .. .. .. 096 Tuturumuri .. .. .. .. .. .. .. 2 13 1 Wairakau .. .. .. .. .. .. .. 766 11 0 Waitawa .. .. .. .. .. .. .. 430 11 4 Walters .. .. .. .. .. .. .. .. 1 19 10 Waterson .. .. .. .. .. .. .. 1 10 5 Westella.. .. .. .. .. .. .. .. 330 Wilden .. .. .. .. .. .. .. .. 2,220 12 3 Wilford .. .. .. .. .. .. .. .. 45 14 4 12,547 14 1 Administration Expenses of Estates .. .. .. .. .. .. 8,471811 Total expenditure .. .. .. .. .. £180,857 11 3

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-1932.

DETAIL STATEMENT of EXPENDITURE relating to Purchase of and Incidental Expenses in connection with Estates in the LAND FOR SETTLEMENTS ACCOUNT and of CREDITS IN REDUCTION of such Expenditure for the Financial Year ended 31st March, 1932—continued.

88

Name of Estate. Credits in reduction of Expenditure under the Land for Settlements Act, CreditsinBeduction 1925, Section 45, — Purchase-money. Total. Acquirement of Estates — & s - £ s « d * Tangowahine 431 10 0 Tawhiwhi .. .. • • • • • • • • • • e Wairakau . . . . • • • • • • 26 b 5 57g 2 6 Credits in Reduction of Incidental Expenses. Expenses incidental to Estates — £ J. d. Apanui 11 Ardkeen . . Arthurton ■ ■ 1 Ashton .. .. .. •• •• •• •• • o 10 o Awamoa .. .. •• •• •• n 19 7 Awanui .. .. .. • • • ■ • • • • • • son Bridge and Bloomfields .. .. .. • • onn Bryce 2 9 0 Carroll .. .. .. ■ • • • • • • • • ■ ko ir k Downs .. .. .. •• •• •• " ?0 2 0 Fernleigh o n n Gorton o 1? a Hereford Park .. .. . ■ • • • • • • • • » « k Hutt Valley •• , Lake .. .. .. •• •• •• •• * A . Makareao .. • • ■ ■ • • • • ■ • • • ® ® Motutara .. •• ■■ • • • • loo Nesdale .. .. .. •• •• •• •• •• siiK 10 Normandale .. .. • • • • • • • • • • ,0 0 Ohauiti .. . . .. • • • • • • • • • • " , Otarao 5 Parahi f 2 9 1 19 4 Remuera 5 18 5 Reparoa .. .. •• •• •• • • n J Q Selwyn .. .. .. .. •• •• ?'17 1? Strathmore .. .. .. isia o Tangowahine . . .. • ■ • • • • ■ • ■ • no® Tauraroa nrif Te Miro • • 00« Tongoio 096 Tripp " •' " " " " " " 0 7 10 Waitawa .. .. ■■ •• •• •• •• V ,1 2 Waterson .. .. •• •• •• „1 ® Wilden 6 5 0 0 838 3 9 Total credits in reduction .. .. • • • • £1,416 6 3

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1 931 -1 932.

DETAILED STATEMENT of the RECEIPTS of LOANS REDEMPTION ACCOUNT for the Year ended 31st March, 1932.

12— B. 1 [PT. ll].

89

New Zealand Inscribed Stock Act, 1917, Section 3:— £ s. d. £ s. d. Inscribed Stoclc issued in Conversion of Bonds, — Aid to Public Works and Land Settlement Act, 1900— Inscribed Stock, 1941 .. .. •. .. 500 0 0 Aid to Public Works and Land Settlement Act, 1903 — 4J-per-cent. Inscribed Stock, 1941 .. .. .. .. 700 0 0 Aid to Public Works and Land Settlement Act, 1906 — 5J-per-cent. Inscribed Stock, 1937 .. .. .. •• 2,500 0 0 Aid to Public Works and Land Settlement Act, 1907 — 54-per-cent. Inscribed Stock, 1933 .. .. •• 15,400 0 0 6-per-cent. Inscribed Stock, 1932 .. .. •• •• 2,000 0 0 Aid to Public Works and Land Settlement Act, 1921— 5J-per-cent. Inscribed Stock, 1936 .. .. .. •. 300 0 0 Aid~to Water-power Works Act, 1910 — 5|-per-cent. Inscribed Stock, 1933 .. . • • • • • 100 0 0 Discharged Soldiers Settlement Loans Act, 1920 — 5£-per-cent. Inscribed Stock, 1933 .. .. .. . • 22,700 0 0 Education Purposes Loans Act, 1919 — gi-per-cent. Inscribed Stock, 1935 .. .. •• •• 22,800 0 0 6-per-cent. Inscribed Stock, 1932 .. .. • • •• 10,000 0 0 Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4 — 5i-per-cent. Inscribed Stock, 1937 .. .. . ■ • • 100 0 0 5£-per-cent. Inscribed Stock, 1937 .. .. •• 6,200 0 0 Electric-power Works Loan Act, 1919—■ 5J-per-cent. Inscribed Stock, 1937 .. .. . • - • 5,500 0 0 Finance Act, 1915, Section 105 (Public Works)— 4|-por-cent. Inscribed Stock, 1940 .. .. • • • • 2,000 0 0 Finance Act, 1916, Section 35 (War Expenses)— 4i-per-cent. Inscribed Stock, 1937 .. •• •• 59,350 0 0 4J-per-cent. Inscribed Stock, 1941 .. .. •• 11,500 0 0 Finance Act, 1918 (No. 2), Part IV — 4f-per-cent. Inscribed Stock, 1939 .. •• •• 25,300 0 0 Finance Act, 1920, Section 15 (Electric-power Works)— 5£-per-cent. Inscribed Stock, 1936 .. •• •• 1,700 0 0 Finance Act, 1924, Section 2 (Public Works)— 5J-per-cent. Inscribed Stock, 1936 .. .. •• 21,500 0 0 Finance Act, 1929, Section 2 (Public Works)— . J| „ „ 5£-per-cent. Inscribed Stock, 1937 .. .. •• •• 14,900 0 0 Forests Act, 1921-22, and Finance Act, 1924, Section 16— 5J-per-cent. Inscribed Stock, 1933 .. •• •• •• 3,100 0 0 Forests Act, 1921-22, and Finance Act, 1926, Section 6— 5|-per-cent. Inscribed Stock, 1937 .. .. •• •• 17,650 0 0 Government Railways Amendment Act, 1910 4f-per-cent. Inscribed Stock, 1941 .. •. • • • • o00 0 0 Land for Settlements Act, 1925— 4A-per-cent. Inscribed Stock, 1941 .. .. •• •• 9 9 5-per-cent. Inscribed Stock, 1937 .. • • • • • • -50 9 9 5A-per-cent. Inscribed Stock, 1933 .. •• •• •• -0 ' 1. 9 5|-per-cent. Inscribed Stock, 1937 .. •• •• •• 16,350 0 0 Main Highways Act, 1922— 5|-per-cent. Inscribed Stock, 1937 .. .. •• •• 6,300 0 0 Native Land Amendment Act, 1913 — 5|-per-cent. Inscribed Stock, 1937 .. •• •• 1,100 0 0 New Zealand Loans Act, 1908 — Ordinary Revenue Account — Miscellaneous —Defence and Maori Wars — 5i-per-cent. Inscribed Stock, 1937 .. • • • • ■ • 100 0 0 New Zealand Loans Act, 1908—Public Works Fund—General Purposes Account — 54-per-cent. Inscribed Stock, 1937 .. . ■ • • ■ • 100 « 0 sf-per-cent. Inscribed Stock, 1937 .. •• 74,300 0 0 Railways Improvement Authorization Act, 1914, and Finance Act, 1927 (No. 2), Section 3— 5f-per-cent. Inscribed Stock, 1937 26,500 0 0 State Advances Act, 1913 (Advances to Settlers Branch)— „ j 5|-per-cent. Inscribed Stock, 1937 .. •• •• •• 13,500 0 0 51-per-cent. Inscribed Stock, 1933 .. •• •• •• ,i'999 9 1 51-per-cent. Inscribed Stock, 1934 17,000 0 0 5A-per-cent. Inscribed Stock, 1936 .. •• •• 9'?99 9 2 51-per-cent. Inscribed Stock, 1937 .. •• •• •• 9 9 5fper-cent. Inscribed Stock, 1951 7,000 0 0 State Advances Act, 1913 (Advances to Workers Branch)— 51-per-cent. Inscribed Stock, 1933 .. •• 16,400 0 0 54-per-cent. Inscribed Stock, 1936 .. •• •• 0 0 5j-per-cent. Inscribed Stock, 1937 .. •• •• •• 56,650 War Purposes Loan Act, 1917 — 4i-per-cent. Inscribed Stock, 1938 .. •• •• f'599 9 ! 5i-per-cent. Inscribed Stock, 1933 1.30° 0 0 q q . Carried forward .. .. •• •• 708,050 0 0

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1931-193 2.

DETAILED STATEMENT of the RECEIPTS of LOANS REDEMPTION ACCOUNT—continued.

90

£ s. d. £ s. d. Brought forward .. .. .. .. .. .. 708,050 0 0 New Zealand Inscribed Stock, Act, 1917, Section 3 —continued. Inscribed Stock issued in Conversion of Death Duty Stock, — Aid to Public Works and Land Settlement Act, 1906— 5J-per-cent. Inscribed Stock, 1937 .. .. .. .. 300 0 0 Discharged Soldiers Settlement Loans Act, 1920— 5|-per-cent. Inscribed Stock, 1933 .. .. .. .. 300 0 0 Finance Act, 1916, Section 35 (War Expenses)— 5J-per-cent. Inscribed Stock, 1937 .. .. .. .. 600 0 0 Railways Improvement Authorization Act, 1914, and Finance Act, 1927 (No. 2), Section 3— 5f-per-cent. Inscribed Stock, 1937 .. .. .. .. 1,000 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — 5J-per-cent. Inscribed Stock, 1936 .. .. .. .. 4,300 0 0 War Purposes Loan Act, 1917 — 4|-per-cent. Inscribed Stock, 1938 .. .. .. .. 2,600 0 0 9,300 0 0 Debentures issued in Conversion of Inscribed Stock, — State Advances Act, 1913 (Settlers Branch) — 5j-per-cent. debentures, 1934 .. .. .. .. .. .. 15,000 0 0 Inscribed Stock issued in Replacement oe Death Duty Stock :• — Discharged Soldiers Settlement Loans Act, 1920, Section 5(6), — Discharged Soldiers Settlement Loans Act, 1920 — 5J-per-cent. Inscribed Stock, 1933 . . .. .. .. 100 0 0 Finance Act, 1917, Section 76 (4), — War Purposes Loan Act, 1917 — 4J-per-cent. Inscribed Stock, 1938 .. .. .. .. 620 0 0 Finance Act, 1925, Section 3 (6), — Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4— 5J-per-cent. Inscribed Stock, 1937 .. .. .. .. 1,000 0 0 Main Highways Act, 1922 — 5|-per-cent. Inscribed Stock, 1937 .. .. .. .. 650 0 0 New Zealand Loans Act, 1908 —Public Works Fund, General Purposes Account— 5J-per-cent. Inscribed Stock, 1937 .. .. .. .. 100 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — 5£-per-cent. Inscribed Stock, 1936 .. .. .. .. 1,050 0 0 5|-per-eent. Inscribed Stock, 1937 .. .. .. .. 400 0 0 — 3,920 0 0 Public Revenues Act, 1926, Section 143 :—• Inscribed Stock issued in Replacement of Lost Bonds, — New Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 — 5J-per-cent. Inscribed Stock, 1933 .. .. .. .. 3,600 0 0 Finance Act, 1916, Section 35 (War Expenses)— 4J-per-cent. Inscribed Stock, 1941 .. .. .. .. 100 0 0 5j-per-cent. Inscribed Stock, 1936 .. .. .. . . 50 0 0 5£-per-cent. Inscribed Stock, 1937 .. .. .. .. ] 000 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses)— 4|-per-cent. Inscribed Stock, 1939 .. .. .. .. 3,100 0 0 Land for Settlement Act, 1925 — 5J-per-cent. Inscribed Stock, 1933 .. .. .. .. 200 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — 5£-per-cent. Inscribed Stock, 1936 .. .. .. .. 1,600 0 0 State Advances Act, 1913 (Advances to Workers Branch) — 5J-per-cent. Inscribed Stock, 1932 .. .. .. .. 150 0 0 5j-per-cent. Inscribed Stock, 1933 .. .. . . .. 100 0 0 5j-per-cent. Inscribed Stock, 1936 .. .. .. .. 150 0 0 5|-per-cent. Inscribed Stock, 1937 .. .. ., .. 600 0 0 War Purposes Loan Act, 1917— 4|-per-cent. Inscribed Stock, 1938 .. .. - .. 6,900 0 0 5J-per-cent. Inscribed Stock, 1933 .. .. .. .. 300 0 0 17,850 0 0 Finance Act, 1022, Section 3 (5): — Inscribed Stock issued in Replacement of Stock Certificates, — War Purposes Loan Act, 1917— 4J-per-cent. Inscribed Stock, 1938 .. .. .. .. .. 1 500 0 0 Carried forward .. .. .. .. .. .. 755,620 0 0

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931 -1 93 2.

DETAILED STATEMENT of the RECEIPTS of LOANS REDEMPTION ACCOUNT—continued.

91

£ s. d, £ s. d. Brought forward .. .. .. .. •• •• 755,620 0 0 . New Zealand Loans Aot, 1908—continued. Inscribed Stock issued for Redemption of Securities at or before Maturity,— New Zealand Inscribed Stock Act, 1917—• Aid to Public Works and Land Settlement Act, 1906 — To mature 1st September, 1937 .. .. • • •• 255,250 0 0 Aid to Public Works and Land Settlement Act, 1908 — To mature 1st September, 1937 .. .. .. 22,880 0 0 Discharged Soldiers Settlement Loans Act, 1920 — To mature 1st September, 1937 .. .. .. • ■ 500 0 0 Electric-power Works Loan Act, 1919 — To mature 1st September, 1937 .. .. •• •• 534,900 0 0 Finance Act, 1916, Section 35 (War Expenses)— To mature 1st September, 1937 .. .. .. ■ • 350 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses)— To mature 15th February, 1937 .. .. • • • • 200 0 0 Finance Act, 1929, Section 2 (Public Works) — To mature 1st September, 1937 .. .. •• •• 1,250 0 0 Land for Settlements Act, 1925 — To mature 30th June, 1936 .. .. ■ • •• •• 8,660 0 0 To mature 1st September, 1937 .. .. • • •• 1,257,160 0 0 Ordinary Revenue Account, Miscellaneous (Defence and Maori Wars) To mature 1st September, 1937 .. .. • • • • 500 0 0 State Advances Act, 1913 (Advances to Settlers Branch)— To mature 1st September, 1937 .. .. - •• 226,440 0 0 State Advances Act, 1913 (Advances to Workers Branch)— To mature 1st September, 1937 .. .. •• •• 290,930 0 0 2,599,020 0 0 Inscribed Stock issued in Renewal of Inscribed Stock matured, —• New Zealand Inscribed Stock Act, 1917— Finance Act, 1915, Section 105 (Public Works) — Renewed to 1st September, 1937 .. .. . • • • 800 0 0 State Advances Act, 1913 (Advances to Settlers Branch) Renewed to 1st September, 1937 .. .. •• •• 51,000 0 0 State Advances Act, 1913 (Advances to Workers Branch)— Renewed to 1st September, 1937 .. .. •• 8,000 0 0 59,800 0 0 Inscribed Stock (Death Duties) issued for Redemption of Securities at or before Maturity,-— Aid to Public Works and Land Settlement Act, 1906 — To mature 1st September, 1937 .. -' .. •• •• 3,400 0 0 Electric-power Works Loan Act, 1919 — To mature 1st September, 1937 .. .. •• •• •• 3,500 0 0 Land for Settlements Act, 1925 — To mature 1st September, 1937 .. •• •• •• •• 13,500 0 0 State Advances Act, 1913 (Advances to Settlers Branch)— To mature 1st September, 1937 ... .. •• •• •• 7,500 0 0 State Advances Act, 1913 (Advances to Workers Branch)— To mature 1st September, 1937 .. .. •• •• 3,350 0 0 —— 31,250 0 0 Debentures issued for Redemption of Treasury Bills at Maturity, Finance Act, 1918 (No. 2), Section 29 (Public Works)— To mature 1st February, 1950 * . . . • • •• • • •> 50,000 0 0 Debentures issued for Redemption of Securities at or before Maturity, Aid to Public Works and Land Settlement Act, 1903 — To mature 1st January, 1949 .. .. . . •• •• 264 0 6 Aid to Public Works and Land Settlement Act, 1906 — To mature 1st August, 1933 .. .. •• •• •• 11,000 0 0 To mature 1st August, 1936 .. .. •• •• •• 35,350 0 0 To mature 1st September, 1937 .. •• •• •• 95,000 0 0 To mature 1st January, 1949 .. .. •• •• •• 22,026 3 8 Aid to Public Works and Land Settlement Act, 1907 — To mature 1st January, 1949 .. .. •• •• •• 22,454 0 4 Aid to Public Works and Land Settlement Act, 1908 — To mature 1st September, 1937 .. . • • • • • 300 0 0 Aid to Public Works and Land Settlement Act, 1921 —■ To mature 1st February, 1950 .. •• • • •• 300 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4 (Land for Settlements)— To mature 1st September, 1951 •• •• 90,550 0 0 Education Purposes Loans Act, 1919 — To mature 1st October, 1949 ,,. ..... • • • • • • 150 0 0 To mature 1st February, 1950 .. •• •• •• •• 17,040 14 1 Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4 — | To mature 1st March, 1937 .. .. •• •• 7,900 0 0 To mature 1st January, 1949 .. .. •• •• 19,100 0 0 Carried forward . e . . . •• • • •• 321,434 18 7 3,495,690 0 0

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 193 1-193 2.

DETAILED STATEMENT of the RECEIPTS of LOANS REDEMPTION ACCOUNT—continued.

92

£ s. d. £ s. d. Brought forward .. .. .. .. .. 321,434 18 7 3,495,690 0 0 New Zealand Loans Act, 1908—continued. Debentures issued for Redemption of Securities at or before Maturity—contd. Electric-power Works Loan Act, 1919— To mature 1st September, 1937 .. .. .. .. 161,600 0 0 Finance Act, 1916, Section 35 (War Expenses)— To mature 1st February, 1937 .. .. .. .. .. 3,000 0 0 To mature 1st December, 1951 .. .. .. .. .. 8,000 0 0 Finance Act, 1918 (No. 2), Section 29 (Public Works) — To mature 16th July, 1934 .. .. .. .. .. 1,000,000 0 0 To mature 1st February, 1950 .. .. .. .. .. 1,450,000 0 0 Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement) — To mature 1st March, 1951 .. .. .. .. .. 200,000 0 0 Finance Act, 1920, Section 15 (Public Works) — To mature 1st January, 1949 .. .. .. .. .. 2,000 0 0 To mature 1st February, 1950 .. .. .. .. .. 1,220 0 0 To mature 1st December, 1951 .. .. .. .. .. 900,000 0 0 Forests Act, 1921-22, and Finance Act, 1924, Section 16 — To mature 1st March, 1937 .. .. .. .. .. 5,700 0 0 Government Railways Act, 1908, and Railways Improvement Authorization Acts, 1904^-7— To mature 1st January, 1949 .. .. .. .. .. 17,953 15 11 Housing Act, 1919, Section 30 — To mature 1st July, 1949 .. .. .. .. .. 7,270 0 0 Land for Settlements Act, 1925 — To mature 1st February, 1932 .. .. .. .. .. 100,000 0 0 To mature 1st January, 1934 .. .. .. .. .. 91,500 0 0 To mature 1st August, 1936 .. .. .. .. .. 53,600 0 0 To mature 1st October, 1936 .. .. .. .. .. 18,950 0 0 To mature 1st September, 1937 .. .. .. .. 65,350 0 0 To mature 1st January, 1949 .. .. .. .. .. 108,956 10 11 To mature 1st April, 1949 .. .. .. .. .. 412,000 0 0 To mature 1st February, 1950 .. .. .. .. .. 109,856 19 8 To mature 1st March, 1951 .. .. .. .. .. 10,180 0 0 To mature 1st September, 1951 .. .. .. .. 290,000 0 0 Main Highways Act, 1922— To mature 1st March, 1937 .. .. .. .. .. 4,250 0 0 Mining Amendment Act, 1913, and Amendment Act, 1919 — To mature 1st May, 1950 .. .. .. .. .. 1,000 0 0 Native Land Amendment Act, 1913 — To mature 1st February, 1937 .. .. .. .. .. 13,350 0 0 To mature 1st April, 1949 .. .. .. .. .. 112,000 0 0 New Zealand Loans Act, 1908 (Public Works Fund, General Purposes Account) — To mature 1st February, 1937 .. .. .. .. .. 44,450 0 0 To mature 1st March, 1937 .. .. .. .. .. 4,850 0 0 To mature 1st February, 1950 .. .. .. .. .. 300 0 0 To mature 1st August, 1950 .. . . .. .. .. 10,000 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — To mature 1st September, 1937 .. .. .. .. 60,050 0 0 State Advances Act, 1913 (Advances to Workers Branch) — To mature 1st February, 1937 .. .. .. .. .. 18,800 0 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 — To mature 1st May, 1950 .. .. .. .. .. 5,000 0 0 ■ — 5,612,622 5 1 Debentures issued in Renewal of Debenture Loans matured, — Aid to Public Works and Land Settlement Act, 1896— Renewed to 1st August 1950 .. .. .. .. .. 175,000 0 0 Discharged Soldiers Settlement Act, 1919, Section 4 (Land for Settlements) — Renewed to 1st September, 1951 .. .. .. .. 2,856,450 0 0 Education Purposes Loans Act, 1919 — Renewed to 1st May, 1936 .. .. .. .. .. 1,960 0 0 Renewed to 1st October, 1936 .. .. .. .. .. 58,390 0 0 Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4— Renewed to 1st August, 1936 .. .. .. .. .. 7,000 0 0 Renewed to 1st October, 1936 .. .. .. .. .. 5,000 0 0 Finance Act, 1920, Section 15 (Public Works) — Renewed to 1st June, 1936 .. .. .. .. .. 2,400 0 0 Finance Act, 1921, Section 10 (Public Works) — Renewed to 1st September, 1951 .. .. .. .. 150,000 0 0 Land for Settlements Act, 1925— Renewed to 1st March, 1951 .. .. .. .. 231,000 0 0 Main Highways Act, 1922—■ Renewed to 1st April, 1936 .. >.. .. .. .. 17,050 0 0 ) Renewed to 1st June, 1951 .. . . .. .. .. 150,000 0 0 Carried forward .. .. .. .. .. 3,654,250 0 0 9,108,312 5 1

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 193 1-1932.

DETAILED STATEMENT of the RECEIPTS of LOANS REDEMPTION ACCOUNT—continued.

93

£ s. d. £ s. d. Brought forward .. .. .. .. .. 3,654,250 0 0 9,108,312 5 1 New Zealand Loans Act, 1908 —continued. Debentures issued in Renewal of Debenture Loans matured—continued. Mining Amendment Act, 1913, and Amendment, 1919— Renewed to 1st May, 1950 .. .. .. .. .. 17,490 0 0 Native Land Amendment Act, 1913— Renewed to 1st April, 1949 .. .. .. .. .. 261,000 0 0 Public Works Fund—General Purposes Account — Renewed to 1st May, 1936 .. .. .. .. 70,950 0 0 Renewed to 1st August, 1936 .. .. .. .. .. 35,300 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — Renewed to 1st June, 1951 .. .. .. .. .. 40,000 0 0 State Advances Act, 1913 (Advances to Workers Branch) — Renewed to 1st February, 1936 .. .. .. .. .. 90,870 0 0 Renewed to 1st February, 1937 .. .. .. .. .. 30,000 0 0 Swamp Drainage Act, 1915 — Renewed to 1st May, 1950 .. .. . . . • .. 11,000 0 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 — Renewed to 1st May, 1950 .. .. .. .. 246,000 0 0 4,456,860 0 0 Debentures issued in respect of Amount required to cover Charges and Expenses of raising £1,000,000 bearer bonds (Part of £5,000,000 5-per-cent. Loan, 1931 )— Finance Act, 1918 (No. 2), Section 29 (Public Works) .. .. 28,750 0 0 Interest on Overdue Instalments .. .. .. .. .. 2 15 10 28,752 15 10 Treasury Bills issued for Redemption of Securities at or before Maturity,— Aid to Public Works and Land Settlement Act, 1914— To mature 18th June, 1932 .. .. .. .. .. 1,200,000 0 0 Finance Act, 1918 (No. 2), Section 29 (Public Works) — To mature 30th July, 1931 .. .. .. .. .. 450,000 0 0 To mature 12th August, 1931 . . .. .. .. .. 50,000 0 0 To mature 27th August, 1931 . . .. .. .. .. 800,000 0 0 To mature 19th September, 1931 .. .. .. .. 75,000 0 0 To mature 18th June, 1932 .. .. .. .. .. 1,500,000 0 0 Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement) — To mature 30th September, 1931 .. .. .. .. 125,000 0 0 To mature 30th December, 1931 .. .. .. .. 100,000 0 0 Finance Act, 1920, Section 15 (Public Works) — To mature 7th July, 1931 .. .. .. .. .. 50,000 0 0 To mature 15th September, 1931 .. .. .. .. 600,000 0 0 To mature 25th September, 1931 .. .. .. .. 100,000 0 0 To mature 18th June, 1932 .. .. .. .. .. 1,300,000 0 0 Land for Settlements Act, 1925— To mature 14th March, 1933 .. .. .. .. .. 25,000 0 0 6,375,000 0 0 Finance Act 1925, Section 13 :— Amount received in respect of War Expenses to be applied in Repayment of War Loans, — Subsection (3), Repatriation receipts paid in by State Advances Office .. .. 6,540 14 9 Public Revenues Act, 1926, Section 135 (2) :— Amount received on account of New Zealand Share of German Reparations,— Adjustment of amount credited during the Financial Year 1930-31 — For amount due to Bank of International Settlement, chargeable against the proceeds of the German Government International 5|-per-cent. Loan, 1930 .. .. .. .. .. .. Dr. 446 4 8 Public Revenues Act, 1926, Section 135 (4): — Amount received from the State Advances Office for redemption of debentures at maturity,— State Advances Act, 1913, Advances to Workers Branch .. .. 300,000 0 0 Amount received from Main Highways Account Revenue Fund for the Redemption of Loans .. .. .. .. .. .. 56,618 0 0 Amount transferred from Ordinary Revenue Account for Redemption of Main Highways Loans .. .. .. .. .. .. 6,583 4 7 Sinking Funds held by Public Trustee set free to redeem debentures under — Westport Harbour Act, 1920, and Westport Harbour Board Act, 1884, and Loan Acts, 1896, 1897, and 1900 .. .. .. .. 21,600 0 0 384,801 4 7 Total receipts for the year .. .. .. .. .. £20,359,820 15 7

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS of LOANS REDEMPTION ACCOUNT for the Year ended 31st March, 1932.

94

New Zealand Inscbibed Stook Aot, 1917, Section 3: — £ s. d. £ s. d. Bonds and Debentures converted into Inscribed Stock, — Aid to Public Works and Land Settlement Act, 1900, and Finance Act, 1915, Section 106— Due 1st May, 1941 .. .. .. .. .. • • 500 0 0 Aid to Public Works and Land Settlement Act, 1903, and Finance Act, 1915, Section 106Due 1st August, 1941 .. .. .. .. ■. • • 700 0 0 Aid to Public Works and Land Settlement Act, 1906 — Due 1st September, 1937 .. .. .. • • •• 2,500 0 0 Aid to Public Works and Land Settlement Act, 1907 — Due 1st January, 1932 .. .. .. .. .. •• 2,000 0 0 Due 1st February, 1933 .. .. •• •• 15,400 0 0 Aid to Public Works and Land Settlement Act, 1921— Due 1st February, 1936 .. .. .. .. • • 300 0 0 Aid to Water-power Works Act, 1910 — Due 15th August, 1933 .. .. .. • • ■ • 100 0 0 Discharged Soldiers Settlement Loans Act, 1920 — Due 15th January, 1933 .. .. •. •• 22,700 0 0 Education Purposes Loans Act, 1919— Due 1st February, 1932 .. .. .. •• •• 10,000 0 0 Due 1st July, 1935 .. .. .. .. •• 22,800 0 0 Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4 — Due 15th February, 1937 .. .. •• •• 5,100 0 0 Due 1st September, 1937 .. .. .. •• •• 1,200 0 0 Electric-power Works Loan Act, 19.19 — Due 1st September, 1937 .. •. • • • • • • 5,500 0 0 Finance Act, 1915, Section 105 (Public Works) — Due 15th December, 1940 .. .. •• •• 2,000 0 0 Finance Act, 1916, Section 35 (War Expenses) — Due 1st September, 1937 ,. ... • • • • • 59,350 0 0 Due 1st September, 1941 .. • • ■ ■ • • • • 11,500 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses) — Due 20th April, 1939 .. .. ■. •• •• 25,300 0 0 Finance Act, 1920, Section 15 (Electric-power Works) — Due 1st February, 1936 .. •• ■■ •• 1,700 0 0 Finance Act, 1924, Section 2 (Public Works) — Due 1st February, 1936 .. .. •• •• 21,500 0 0 Finance Act, 1929, Section 2 (Public Works)— Due 1st September, 1937 .. .. 14,900 0 0 Forests Act, 1921-22, and Finance Act, 1924, Section 16— Due 15th August, 1933 .. .. ■■ •• •• 3,100 0 0 Forests Act, 1921-22, and Finance Aot, 1926, Section 6 — Due 15th February, 1937 .. .. •• ■■ •• 13,850 0 0 Due 1st September, 1937 .. .. •• •• 3,800 0 0 Government Railways Amendment Act, 1910, and Finance Act, 1915, Section 106 — Due 1st July, 1941 .. .. .. ■ • • • • • 500 0 0 Land for Settlements Act, 1908 — Due 1st February, 1933 • ■ ■ • • • • • ■ • 20,000 0 0 Land for Settlements Act, 1908, and Finance Act, 1915, Section 106 — Due 1st July, 1941 .. .. ■ • •• ■■ 10,000 0 0 Land for Settlements Act, 1925 — Due 15th February, 1937 .. .. .. •• 13,300 0 0 Due 1st September, 1937 .. •• •• 3,300 0 0 Main Highways Act, 1922 — Due 15th February, 1937 .. .. •• •• •• 1,300 0 0 Due 1st September, 1937 .. • ■ • • • • • • 5,000 0 0 Native Land Amendment Act, 1913— Due 1st September, 1937 .. .. • • • • • • 1 > 100 0 0 New Zealand Loans Act, 1908 —Ordinary Revenue Account —Miscellaneous —Defence and Maori Wars — Due 15th February, 1937 .. .. •. • • • • 100 0 0 New Zealand Loans Act, 1908—Public Works Fund—General Purposes Account — Due 15th February, 1937 .. .. •• •• 71,650 0 0 Due 1st September, 1937 .. .. •• •• •• 2,750 0 0 New Zealand State-guaranteed Advances Aot, 1909-10 (Land for Settlements Branch), and Finance Act, 1915, Section 106 — Due 1st July, 1941 .. .. .. ... • • • • 700 0 0 Railways Improvement Authorization Aot, 1914, and Finance Act, 1927 (No. 2), Section 3 — Due 15th February, 1937 .. .. .. •• •• 26,500 0 0 State Advances Act, 1913 (Advances to Settlers Branch)— Due 15th August, 1933 .. .. • • • • • • 1 >000 0 0 Due 9th October, 1934 .. .. .. •• 17,000 0 0 Due 1st February, 1936 .. .. •• •• •• 16,800 0 0 Due 15th February, 1937 .. •• ■■ •• 13,500 0 0 Due 1st September, 1937 .. .. •• •• 8,950 0 0 Due 1st February, 1951 .. •• •• •• . 7,000 0 0 Carried forward .. .. .. • • • • 466,250 0 0

B. —1 [Pt. ll].

PUBLIC ACCOUNTS, 1931-1932.

STATEMENT of the DISBURSEMENTS of LOANS REDEMPTION ACCOUNT—continued.

95

„ £ s. d. £ s. d. Brought forward .. .. .. .. .. 466,250 0 0 New Zealand Inscribed Stock Act, 1917, Section 3—continued. Bonds and Debentures converted into Inscribed Stock—continued. State Advances Act, 1913 (Advances to Workers Branch) —■ Due 15th August, 1933 .. .. .. .. .. 16,400 0 0 Due 1st February, 1936 .. .. .. .. .. 33*950 0 0 Due 15th February, 1937 .. .. .. .. .. 24'300 0 0 Due 1st September, 1937 .. .. .. .. .. 32 350 0 0 War Purposes Loan Act, 1917 — Due 15th August, 1933 .. . . ... .. .. 1,300 0 0 Due 15th November, 1938 .. .. .. .. .. 133 500 0 0 , , . — 708,050 0 0 Inscribed Stock converted into Debentures, — State Advances Act, .1913 (Advances to Settlers Branch) — Due 9th October, 1934 .. .. .. .. .. .. .. 15 qoo 0 0 Inscribed Stock (Death Duties) converted into Inscribed Stock, Discharged Soldiers Settlement Loans Act, 1920, Section 5 (5) — Discharged Soldiers Settlement Loans Act, 1920 (5J per cent.) 1933 .. 300 0 0 Finance Act, 1917, Section 76 (3) — War Purposes Loan Act, 1917 (4f per cent., 1938) .. .. .. 2,600 0 0 Finance Act, 1925, Section 3 (5) — Aid to Public Works and Land Settlement Act, 1906 (5f per cent., 1937) 500 0 0 Finance Act, 1916, Section 35 (War Expenses)), (5| per cent., 1937) .. 600 0 0 Railways Improvement Authorization Act, 1914, and Finance Act, 1927 (No. 2), Section 3 (5J per cent., 1937) .. .. .. 1,000 0 0 State Advances Act, 1913 (Advances to Settlers Branch), (5£ per cent., 1936 ) •• •• •• .. .. .. 4,300 0 0 — — 9,300 0 0 Inscribed Stock (Death Duties) replaced by Inscribed Stock : —■ Discharged Soldiers Settlement Loans Act, 1920, Section.5 (6), — Discharged Soldiers Settlement Loans Act, 1920 (5A per cent., 1933) .. 100 0 0 Finance Act, 1917, Section 76 (4), — War Purposes Loan Act, 1917 (4J per cent., 1938) .. .. .. 620 0 0 Finance Act, 1925, Section 3 (6), —■ Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4 (5| per cent., 1937) .. .. .. .. 1,000 0 0 Main Highways Act, 1922 (5J per cent., 1937) .. .. .. '650 0 0 New Zealand Loans Act, 1908—Public Works Fund—General Purposes Account (5J per cent., 1937) .. .. .. .. .. 100 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — 5£ per cent., 1936 .. .. .. .. i >050 o 0 5£ per cent., 1937 .. .. .. ... .. ,, 400 o 0 3,920 0 0 Finance Act, 1922, Section 3 (5) Stock Certificates replaced by Inscribed Stoclc, — War Purposes Loan Act, 1917 .. .. .. .. .. ,, 1 500 0 0 Public Revenues Act, 1926, Section 143:— Bonds lost and replaced by Inscribed Stock, —■ Discharged Soldiers Settlement Loans Act, 1920 .. , ... 3,600 0 0 Finance Act, 1916, Section 35 (War Expenses) .. .. .. l'l50 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses) .. .. .. 3 100 0 0 Land for Settlements Act, 1925 .. .. ... . . .. '200 0 0 State Advances Act, 1913 (Advances to Settlers Branch) .. .. 1,600 0 0 State Advances Act, 1913 (Advances to Workers Branch) .. .. ] ,000 0 0 War Purposes Loan Act, 1917 .. .. .. .. .. 0 0 17,850 0 0 New Zealand Loans Act, 1908 :— Death Duty Stock redeemed at Maturity,— New Zealand Inscribed Stock Act, 1917 — 5J-per-cent. Inscribed Stock, 1933 (Death Duties)— Discharged Soldiers Settlement Loans Act, 1920— Matured 12th December, 1931 .. .. .. .. 500 0 0 5f-per-cent. Inscribed Stock, 1936 (Death Duties) — State Advances Act, 1913 (Advances to Settlers Branch) — Matured 10th July, 1931 .. .. .. .. .. 1,450 0 0 5|-per-cent. Inscribed Stock, 1932 (Death Duties)— State Advances Act, 1913 (Advances to Workers Branch) — Matured 15th February, 1932 .. .. .. .. 1,950 0 0 5|-per-cent. Inscribed Stock, 1937 (Death Duties)— Finance Act, 1929, Section 2. (Public Works) — Matured 17th June, 1931 .. .. .. .. ., 1,250 0 0 Ordinary Revenue Account—Miscellaneous— Matured 7th September, 1931 .. .. .. .. 500 0 0 Public Works Fund—General Purposes Account—■ Matured 21st March, 1932 .. .. .. .. , 300 0 0 5,950 0 0 Carried forward .. .. .. .. .. . . 7g] 570 0 0

3.—1 [PT. ll].

PUBLIC ACCOUNTS, 1931 -1 932.

STATEMENT of the DISBURSEMENTS of LOANS REDEMPTION ACCOUNT —continued.

96

£ s. d. I £ s. d. Brought forward., 761 > 570 0 0 Finance Act, 1021-22, Section 24:— Securities redeemed and cancelled before Maturity,—■ Debentures under —• Aid to Public Works and Land Settlement Act, 1906— Due 1st January, 1934 400 ' 000 0 0 Aid to Public Works and Land Settlement Act. 1908— Due 1st April, 1949 .. .< •• •• •• 23,180 0 u Aid to Public AVorks and Land Settlement Act, 1914— OAA AAA A _ Due 1st November, 1950 >■ • • 1.200,000 0 0 Education Purposes Loans Act, 1919, and Finance Act, WJ7 {ISO. I), Seotion , L a Due 1st August, 1936 .. •• •• Z'® AA A ? Due 1st October, 1936 5 ' 000 0 0 ]2 Q00 0 0 Electric-power Works Loan Act, 1919 — Due 15th July, 1935 • • 700,000 0 0 Finance Act, 1916, Section 35 (War Expenses)— Due 1st March, 1932 s >' 000 0 u Finance Act, 1918 (No. 2), Section 29 (Public Works)— Due 1st February, 1950 1,500,000 0 0 Finance Act, 1920, Section 15 (Public Works)— Due 1st December, 1951 .. •• •• •• " 1.350,000 0 0 Forests Act, 1921-22, and Finance Act, 1924, Section 16— Due 1st December, 1935 5,700 0 0 Housing Act, 1919, Section 30— Due 1st July, 1949 •• • ■ 7,270 0 0 Land for Settlements Act, 1925— t s - d - Due 1st March, 1932 612,886 0 0 Due 1st April, 1933 180 ,[ n Due 30th September, 1933 .. • • ■ • 400 0 0 Due 1st January, 1934 .. •• „'® AA 9 9 Due 1st February, 1934 .. •• J Due 1st March, 1934 a n Due 1st June, 1935 3,130 0 Due 1st January, 1949 .. •• •• 1 Due 1st April, 1949 «2,000 0 0 Due 1st March, 1951 .. •• •• ? ■ Due 1st September, 1951 150,000 0 0 Q Q "S.'BftStfe'T" 0 • Native Land Amendment Act, 1913— „ Due 1st May, 1932 •• •• 13,350 0 0 New Zealand Loans Act, 1908, Public Works FundGeneral Purposes Account — £ s ' d - Due 1st May, 1935 2,850 0 0 Due 1st May, 1936. ? Due 1st August, 1936 .. •• •• 35,300 49,300 0 0 State Advances Act, 1913 (Advances to Settlers Branch)— Due 1st June, 1951 .. •• ;• , •• •• •• 29-,540 0 0 State Advances Act, 1913 (Advances to Workers Branch)— Due 1st January, 1936 .. •• „ laH V 19,400 0 0 Westport Harbour Act, 1920, and Westport Harbour Board Act, 1884, and Loan Acts, 1896, 1897, and 1900— Due 1st January, 1949 • • ■ ■ • • ■ * '' ' g 033,910 0 0 New Zealand Loans Act, 1908 : — Debentures redeemed at Maturity, — Aid to Public Works and Land Settlement Act, 1903— Due 1st Januarv, 1932 (nominal value, £300) .. • • • • Aid to Public Works and Land Settlement Act, 1906— Due 1st January, 1932 (nominal value, £24,900) .. 21,938 Aid to Public Works and Land Settlement Act, 1907— Due 1st January, 1932 (nominal value, £22,300) .. • • • • 19,661 Discharged Soldiers Settlement Loans Act, 1919, Section 4 (Land for Settlements)— Due 1st September, 1931 •• 90,550 0 0 Education Purposes Loans Act, 1919 — i s - <*• Due 1st February, 1932 (nominal value, £1,000) 880 1 J Due 1st August, 1927 .. • • • ■ 0 Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4— Due 1st January. 1932 1"'> 000 0 0 Finance Act, 1915, Section 105 (Public Works)— Due 15th December, 1930 .. •• •• •• • • ' Finance Act, 1916, Section 35 (War Expenses)— £ s. d. Due 1st September, 1930 .. • • • • 350 0 0 Due 1st December, 1931 .. •• •• 8,000 3350 q q Carried forward _ 157.779 4 7 8,795,480 0 0

B.—l [PT, lIJ.

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS of LOANS REDEMPTION ACCOUNT —continued.

13— B. 1 [Pt. ll].

97

£ s. d. £ s. d. Brought forward .. .. ... •• 157,779 4 6 8,795,480 0 0 New Zealand Loans Act, 1908 —continued. Debentures redeemed at Maturity—continued. Finance Act, 1018 (No. 2), Part IV (War Expenses)— Due 1st July, 1930 .. .. . • • • • • • • 200 0 0 Finance Act, 1920, Section 15 (Public Works)— £ s. d. Due 5th January, 1932 .. .. •• 2,000 0 0 Due 4th February, 1932 .. .. ■ ■ 1,220 0 0 3,220 0 0 Government Railways Act, 1908, and Railways Improvement Authorization Acts, 1904-07 — Due 1st January, 1932 (nominal value, £19,900) .. .. .. 17,513 15 0 Nominal Value. Land for Settlements Act, 1908 — £ s. d. £ s. d. Due 1st January, 1932 .. .. 7,600 0 0 7,240 5 4 Due ]st February, 1932 .. 5,700 0 0 5,016 10 0 12,256 15 4 Land for Settlements Act, 1925— Due 1st February, 1932 .. .. .. 100,000 0 0 Due 1st March, i932 .. .. .. 10,180 0 0 , 110,180 0 0 Mining Amendment Act, 1913, and Amendment Act, 1919 — Due 1st May, 1931 .. .. •• MOO 0 0 Native Land Amendment Act, 1913— Due 1st April, 1931 .. .. •• •• •• 112,000 0 0 Public Works Fund General Purposes Account— Due 1st August, 1931 .. .. .. •• •• •• 10,000 0 0 State Advances Act, 1913 (Advances to Workers Branch) — Due 15th February, 1932 .. .. •• • ■ /1,700 0 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 — Due 1st May, 1931 .. . 5,000 0 0_ Inscribed Stock redeemed at Maturity,—■ New Zealand Inscribed Stock Act, 1917 — Aid to Public Works and Land Settlement Act, 1906 Due 1st January, 1932 (nominal value, £100) .. • ■ • • •" Aid to Public Works and Land Settlement Act, 1907— Due 1st January, 1932 (nominal value, £2,900) .. •• •• 4,IV4 L < Aid to Public Works and Land Settlement Act, 1921— Due 1st February, 1932 Education Purposes Loans Act, 1919 — Due 1st Februarv, 1932 (nominal value, £17,000) .. •• lb,lb0 1^ Finance Act, 1915,'"Section 105 (Public Works)— Due 15th December, 1930 .. • • • • • • • • Government Railways Act, 1908, and Railways Improvement Authorization Acts, 1904-07 — .. „ „ ,, Due 1st January, 1932 (nominal value, £500) Nominal Value. Land for Settlements Act, 1908— £ s. d. £ s - d - Due 1st January, 1932 .. 5,500 0 0 5,116 5 7 Due 1st February, 1932 .. 5,500 0 0 4,840 9 8 9 956 jg 3 State Advances Act, 1913 (Advances to Workers Branch)— Due 15th February, 1932 .. •• •• •• * ' 541,727 10 3 Treasury Bills redeemed at Maturity, ' , v n i • Finance Act, 1918 (No. 2), Section 29 (Public Works)- £ s. d Due 7th April, 1931 50,000 0 0 Due 30th April, 1931 «0,000 ° 0 Due 12th May, 1931 50,000 0 0 Due 27th May, 1931 oaa'aoa n a Due 19th June, 1931 200,000 0 0 Due 30th June, 1931 950,000 0 0 Due 30th July, 1931 ... 450,000 0 0 Due 12th August, 1931 " Due 27th August, 1931 800,000 0 0 Due 19th September, 1931 .. •• 75,000 3 875 000 0 0 Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement)— Due 30th June, 1931 m'ooo 0 0 Due 30th September, 1931 .. •• 125,00 Due 30th December, 1931 . . • • • • 100 >0 0 0 „ t .. 4,300,000 0 0 9,838,057 5 1 Carried forward .. . • • • • • ' ' _

B.—l [PT. IT].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS of LOANS REDEMPTION ACCOUNT—continued.

98

£ s. d. £ s. d. Brought forward .. .. ... .. .. 4,300,000 0 0 9,838,057 5 1 New Zealand Loans Act, 1908—continued. Treasury Bills redeemed at Maturity—continued. Finance Act, 1920, Section 15 (Public Works) — £ s. d. Due 15th June, 1931 .. .. .. .. 600,000 0 0 Due 25th June, 1931 .. .. .. .. 150,000 0 0 Due 30th June, 1931 .. .. .. .. 100,000 0 0 Due 7th July, 1931 .. .. .. ... 50,000 0 0 Due 15th September, 1931 .. .. • • 600,000 0 0 Due 25th September, 1931 . . .. .. 100,000 0 0 1,600,000 0 0 5,900,000 0 0 New Zealand Inscribed Stock Act, 1917, — Inscribed Stock redeemed by Renewal— Finance Act, 1915, Section 105 (Public Works) — Due 15th December, 1930 .. .. • ■ • • • • 800 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — Due 30th June, 1931 .. .. .. •• 51,000 0 0 State Advances Act, 1913 (Advances to Workers Branch) — Due 30th June, 1931 .. .. .. .. •• 8,000 0 0 59,800 0 0 Debentures redeemed by Renewal— Aid to Public Works and Land Settlement Act, 1896— Due 1st August, 1931 .. .. .. •• •• 175,000 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4 (Land for Settlements) — Due 1st September, 1931 .. .. ■■ .. •• 2,856,450 0 0 Education Purposes Loans Act, 1919 — £ s. d. Due 19th May, 1931 .. .. ... • • 830 0 0 Due 26th May, 1931 .. .. .. . • 490 0 0 Due 19th July, 1931 .. .. • ■ • • 530 0 0 Due 3rd August, 1931 .. .. •• 110 0 0 Due 1st October, 1931 .. ■. .. . ■ 58,390 0 0 60,350 0 0 Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4— Due 1st August, 1931 .. . . • • .. 7,000 0 0 Due 1st October, 1931 .. .. ■. .. 5,000 0 0 12,000 0 0 Finance Act, 1920, Section 15 (Public Works) — Due 5th October, 1931 .. .. .. . • .. .. 2,400 0 0 Finance Act, 1921, Section 10 (Public Works) — Due 1st September, 1931 .. .. •• •• •• 150,000 0 0 Land for Settlements Act, 1925 — Due 1st March, 1932 .. .. .. .. .. .. 231,000 0 0 Main Highways Act, 1922— £ s. d. Due 1st April, 1931 .. .. .. .. 17,050 0 0 Due 1st June, 1931 .. .. .. .. 150,000 0 0 167,050 0 0 1 Mining Amendment Act, 1913, and Amendment Act, 1919 — Due 1st May, 1931 .. .. .. .. •• .. 17,490 0 0 Native Land Amendment Act, 1913 — Due 1st April, 1931 .. .. .. .. .. •• 261,000 0 0 Public Works Fund —General Purposes Account — £ s. d. Due 1st May, 1931 .. .. .. •• 38,200 0 0 Due 1st July, 1931 .. .. .. .. 32,750 0 0 Due 1st August, 1931 .. .. •• .. 35,300 0 0 106,250 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — Due 1st June, 1931 .. .. .. .. .. .. 40,000 0 0 State Advances Act, 1913 (Advances to Workers Branch) — £ s. d. Due 1st July, 1931 .. .. .. •• 5,000 0 0 Due 1st September, 1931 .. .. .. 5,000 0 0 Due 1st December, 1931 .. . . . • 40,000 0 0 Due 1st February, 1932 .. .. .. 40,870 0 0 Due 15th February, 1932 .. .. .. 30,000 0 0 120,870 0 0 Swamp Drainage Act, 1915 — Due 1st May, 1931 .. .. .. . • •• •• 11,000 0 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 — Due 1st May, 1931 .. .. .. •• .. •• 246,000 0 0 4,456,860 0 0 Charges and Expenses of raising Loans, — Finance Act, 1918 (No. 2), Section 29 (Public Works) .. .. .. 28,752 15 10 Carried forward .. .. .. .. .. .. 20,283,470 0 11

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

STATEMENT of the DISBURSEMENTS of LOANS REDEMPTION ACCOUNT—continued.

14— B. 1 TPT. 111.

99

£ s. d. £ s. d. Brought forward .. .. .. .. .. .. 20,283,470 0 11 Reparation Moneys applied in Redemption of Loans in Terms of the Public Revenues Act, 1926, Section 135 (3): — Securities redeemed at Maturity,—■ Inscribed Stock — New Zealand Inscribed Stock Act, 1917— Finance Act, 1916, Section 35 (War Expenses) — Due 1st September, 1930 .. .. .. .. •. 600 0 0 Debentures — Finance Act, 1916, Section 35 (War Expenses) — £ s. d. Due 1st September, 1930 .. .. 6,300 0 0 Due 1st November, 1931 .. .. 13,000 0 0 Due 1st February, 1932 .. .. 10,000 0 0 War Purposes Loan Act, 1917, and Finance Act, 1917, Section 68 — Due 15th November, 1927 .. .. .. 1,000 0 0 30,300 0 0 Death Duty Stock —• New Zealand Inscribed Stock Act, 1917 — 4J-per-cent. Inscribed Stock, 1939— Finance Act, 1918, Section 10 (War Expenses)— £ s. d. Matured 4th June, 1931 .. .. 1,000 0 0 Matured 16th February, 1932 .. .. 7,500 0 0 Matured 23rd July, 1931 .. .. .. 250 0 0 Matured 7th September, 1931 .. .. 1,000 0 0 Matured 12th December, 1931 .. .. 500 0 0 Matured 24th February, 1932 .. .. 300 0 0 10,550 0 0 5j-per-cent. Inscribed Stock, 1941 —• Finance Act, 1918, Section 10 (War Expenses) — Matured 12th July, 1931 .. .. .. .. 500 0 0 5J-per-cent. Inscribed Stock, 1937— Finance Act, 1916, Section 35 — Matured 2nd April, 1931 .. .. .. .. 600 0 0 Inscribed Stock, 1938 — War Purposes Loan Act, 1917 — £ s. d. Matured 23rd July, 1931 .. .. • • 100 0 0 Matured 28th November, 1931 .. .. 180 0 0 Matured 12th December, 1931 .. .. 1,500 0 0 Matured 16th February, 1932 .. .. 5,000 0 0 Matured 24th March, 1932 .. .. 1,000 0 0 7,780 0 0 5J-per-cent. Inscribed Stock, 1933 — War Purposes Loan Act, 1917 — Matured 23rd July, 1931 .. . • • • • • 300 0 0 50,630 0 0 Securities redeemed and cancelled before Maturity in Terms of Section 24, Finance Act, 1921-22, — Inscribed Stock under —• New Zealand Inscribed Stock Act, 1917— War Purposes Loan Act, 1917— Due 15th November, 1938 .. .. .. .. •• •• 1,000 0 0 . Total disbursements for the year .. .. .. .. £20,335,100 0 11

B.—l [PT. ll].

PUBLIC ACCOUNTS, 1931-193 2.

MAIN HIGHWAYS ACCOUNT.

DETAIL STATEMENT of RECOVERIES on ACCOUNT of EXPENDITURE of PREVIOUS YEARS for the FINANCIAL YEAR ended 31st March, 1932. REVENUE FUND.

CONSTRUCTION FUND.

STATE COAL-MINES ACCOUNT.

DETAIL STATEMENT of RECOVERIES on ACCOUNT of EXPENDITURE of PREVIOUS YEARS for the FINANCIAL YEAR ended 31st March, 1932.

STATE FORESTS ACCOUNT,

DETAIL STATEMENT of RECOVERIES on ACCOUNT of EXPENDITURE of PREVIOUS YEARS for the FINANCIAL YEAR ended 31st March, 1932.

100

£ a. d. Sale of surplus and obsolete stores .. .. .. •• •• •■ •• 5 0 0

£ 8. d. Sale of building 6 JLJ_JL ___ I

£ s. d. £ s. d. Recovery of insurance on cottage damaged by fire .. .. ... 20 0 0 Sale of — Buildings .. .. .. . ■ • • ■ • • • • ■ 22 10 0 Plant .. •• •• .. ! 518 0 1 | £560 10 1

£ s. d. £ s. d. Recovery of insurance on cottage destroyed by fire .. .. .. 915 2 7 Sale of — Surplus and obsolete stores .. .. .. .. .. . - 255 4 9 Tree stocks, &c., Putorino Nursery .. .. .. .. .. 1,000 0 0 Value of—■ Improvements on land handed to Rotorua Borough Council .. .. 100 0 0 Fountain pen lost .. .. •• •• •• •• 056 £2,270 12 10

B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1931 -1 932.

STATEMENT of TEMPORARY TRANSFERS between ACCOUNTS within the PUBLIC ACCOUNT in terms of Section 40 of the PUBLIC REVENUES ACT, 1926, during the FINANCIAL YEAR ended 31st March, 1932.

G. C. Rodda, Acting Secretary to the Treasury. B. C. Ashwin, Second Assistant Secretary to the Treasury. Examined and found correct. G. F. C. Campbell, Controller and Auditor-General, The Treasury, Wellington, Ist November, 1932. -31st October, 1932.

By Authority: W. A. G. Skinner, Government Printer, Wellington. —1932.

Approximate Cost of Paper.—Preparation, not given; printing 548 copies), £257 10s.

Price 2s. 6d.'\

101

Transfer to Transfer from Date of Transfer. aSfCrch? W3lī Carafe?.' Repayment due. Amounts repaid. Date repaid. j SttSltt j ~ ~ j ; j " PerCent. £ s. d. £ s. d. £ s. d. £ s. d. Public Works Fund —Electric Sup- | Discharged Soldiers Settlement Loans 5 June, 1931 4 .. 25,000 0 0 5 June, 1932 25,000 0 0 30 June, 1931 ply Account I Act 1920 Depreciation Fund Account I Ditto.. .. .. .. Public Works Fund—General Purposes 31 Mar., 1932 4 .. 15,000 0 0 31 Mar., 1933 .. .. 15,000 0 0 Haurabi Plains Settlement Account Hunter Soldiers' Assistance Trust Ac- 29 Jan., 1932 4 .. 1,000 0 0 29 Jan., 1933 1,000 0 0 31 Mar., 1932 Main Highways Account —Revenue Loans Redemption Account .. .. 1 April, 1931 4 .. 50,000 0 0 1 April, 1932 50,000 0 0 5 June, 1931 Native Land Settlement Account.. Public Works Fund— General Purposes 31 Mar., 1932 4 .. 16,000 0 0 31 Mar., 1933 .. •• 16,000 0 0 Account | | 107,000 0 0 76,000 0 0 31,000 0 0