8.—6

XXXIV

Inland revenue — £ Land-tax.. .. .. .. .. .. .. 1,426,462 Income-tax .. .. .. .. .. .. 3,781,532 Stamp and death duties .. .. .. .. .. 3,343,781 Commission to investigate land and income taxation appointed. Working Railways— £ Receipts .. .. .. .. .. .. .. 6,984,211 Working-expenses .. .. . . .. . . .. 5,403,766 Net revenue .. .. .. .. £1,580,445 Earned on capital cost, £3 16s. 6d. per cent. Post and Telegraph — £ Receipts .. .. ... .. .. .. .. 2,681,240 Expenditure .. .. .. .. .. .. 2,117,952 Excess of receipts .. .. .. .. £563,288 Post Office Savings-bank— == Number of depositors, 710,157. £ Amount at credit .. .. . . .. . . .. 44,448,444 War-loan certificates redeemed .. .. .. . . .. 1,293,705 Penny postage established. Abolition of war-tax on cable messages. Education expenditure .. .. .. .. .. .. 3,271,781 Expenditure on school buildings, 1923-24 .'. .. .. 295,681 Expenditure on school buildings since 1918-19 .. .. 1,993,985 Defence expenditure —■ New Zealand Military Forces .. .. .. .. 348,632 War expenses (account to be closed this year) .. .. . . 370,496 Naval defence expenditure .. . . . . .. . . 374,966 H.M.S. " Dunedin " (oil-burning cruiser) replaces H.M.S. " Chatham." Repatriation — Total advances since inception .. .. .. .. 2,371,831 Total repayments .. .. .. .. .. .. 1,412,973 Western Samoa trade figures highest recorded. Crown estates offered to public tender. Cook Islands and Niue —Wireless extension. Discharged soldiers settlement — Total advanced in 1923-24 .. .. .. .. .. 1,196,400 Expended for housing, including liabilities from 1922-23 .. 571,000 Receipts . . . . . . . . .. . . . . 1,513,544 Total capital provided for soldiers settlement .. .. .. 26,555,116 State Advances- — Total number of loans granted, 1923-24 .. .. .. 9,648 Amount .. .. .. .. .. .. 8,066,202 Granted for repayment of mortgages from October, 1922 .. 3,584,205 Total advances by Department since 1914 .. .. .. 20,904,311 Housing — Paid out, 1923-24— . T , Amount. Number. „ ;: State advances .. .. .. <• 4,481 3,291,609 Discharged soldiers .. .. .. '"'.'.' 714 571,000 Railways .. .. .. .. .. 64 46,110 5,259 £3,908,719 Total assistance for housing granted from Ist April, 1919, £ to 31st March, 1924 .. .. .. .. .. 18,720,006 Other mortgage advances by lending Departments in last five years .. 13,000,000