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COST OF THE PROPOSED ROADS AND SETTLEMENTS IN WAIKATO AND TARANAKI DISTRICTS, &c. to Roads— Seven hundred miles, at £1,500 per mile £ 1,050,000 Immigbants— Twelve thousand Men ... ... £180,000^ Nine thousand six hundred Women ... 144,000 > Nine thousand six hundred Children ... 72,000 J Settlers' Lands and Lands for Sale—Two millions three hundred and ninety-two thousand Acres, at 6d. per Acre, £59,800, (say) Puechase of Land from, or Annuities, for Loyal Native Chiefs ... Expenses op peesent Watj contingencies 396,000 60,000 200,000 1,000,000 34,000 2,800,000 Loan to be raised over three years : —1st year £1,100,0007 As the War expenses would be 2nd year 1,100,000) incurred in these two years. 3rd year 600,000 £2,800,000 Immigrants introduced in three years in equal ] 4,000 Men ") 3,200 Women' [ in eacl 3,200 Children ) 2,000 Men already introdui lumbers : — i year. :ed. Interest. Yearly. Eevenue. Increase. Deficiency. Surplus. £ 33,000 £ £ £ First year (say) six months on £1,100,000 Customs Revenue, increase : — Men, 2,000, at £3 per head ... 6,000 27,000 • l—i F i—i 1-3 > s Second year—Twelve months on £1,100,000 and six on £1,100,000 ... 99,000 Customs Revenue :— Men 6,000 Women and Children... 6,400 Third Year—Twelve months on £2,200,000, and six on £600,000 12,400 Land Revenue (say) £37,200 50,000 :::} 87,200 11,800 150,000 Customs Rcvomie :— Men 10,000 Women and Children... 12,800 m a F B •H !zj H GO 28,800 Land Revenue (say) ... £68,400 £75,000 :::} 143,400 0,600 Fourth year—Twelve months on £2,800,040 168,000 Customs Revenue:— Men 14,000 Women and Children... 19,200 Fifth year—Twelve months on £2,800,000 33,200 Land Revenue (say) ... £99,600 100,000 :::} 199,600 31,600 168,000 Customs Revenue : — Men 14,000 Women and Children... 19,000 33,200 Land Revenue (say) ... £99,600 125,000 :::} 224,600 56,600 Sixth year—Twelve months on £2,800,000 168,000 Customs Revenue Land Revenue (say) ... £99,600 150,000 :::} 24.9,600 81,600 Seventh year—Twelve months on £2,800,000 168,000 Customs Revenue Land Revenue (say) ... £99,600 175,000 :::} 274,600 106,600 Eighth to fifteenth years, each year on £2,800,000 168,000 Customs Revenue Land Revenue (say) ... Ditto ditto for eight years £99,600 190,000 :::} 121,600 289,600 Total Deficiencies £27,000 11,800 6,600 £45,400 s. Total Surplus. £31,600 56,600 81,600 100,600 121,600 Total original Debt £2,800,000 Pay off and deduct 1,325,400 at end of 15 years, land fund having ceased. Debt reduced to 1,474,600 Eight last years, eaeli £121,600 ... Deduct deficiency repaid ... Nett Surplus ... 398,000 972,800 1,370,800 45,400 £1,325,400 Yearly interest, 6 per cent, on reduced debt 88,476 © Annual increase of Customs Revenue... 99,600 Annual Surplus from Customs Revenue 11,124 > I p CO

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