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Session I. 1921. NEW ZEALAND.

FINANCIAL POSITION OF THE DOMINION. MEMORANDUM BY THE RIGHT HON. THE MINISTER OF FINANCE.

Laid on the Table of the House of Representatives by Leave.

I have the honour to submit, for the information of honourable members, brief statements showing (a) revenue and expenditure for the eleven months ended 28th February, 1921 ; (b) statement showing the position of the Public Works Fund on the 28th February, 1921; (c) statement of the actual revenue and expenditure for the twelve months ended 28th February, 1921. REVENUE. For the eleven months ended 28th February, 1921, the revenue collected under the various headings was £26,880,887, as follows : — Ordinary Kevenue Account— £ Customs .. .. .. .. .. 7,861,731 Stamp and death duties . . . . . . 3,384,482 Postal and Telegraph .. .. .. .. 2,283,964 Land-tax . . . . . . . . 1,657,587 Income-tax .. . . . . . . .. 3,541,974 Beer duty .. .. .. .. .. 326,192 Eailways .. .. .. .. .. 6,098,572 Kegistration and other fees . . . . . . 194,522 Marine .. .. .. .. .. 50,199 - Miscellaneous.. .. .. .. .. 1,135,182 Territorial revenue. . ... .... .. .. 178,110 National-endowment revenue . . .-. . . 100,448 Other receipts .. .. .. .. ... 67,924 £26,880,887

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