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Loans— page 1925 Loan .. .. .. .. .. .. .. .. .. 21 Falling due .. .. .. .. .. .. .. .. .. 19 Raised during 1924-25 .. .. .. .. .. .. .. 17 Raised in London .. .. .. . .. .. .. .. 21 Redemptions and Renewals .. .. .. .. .. .. .. 18 Local Bodies' Loan Authorities .. .. .. .. .. .. 22 Main Highways Account .. .. .. .. .. .. .. 5 Mortgages, Soldiers', Reduction of .. .. .. .. .. .. 13 Mortgage-tax, Repeal of .. .. .. .. .. .. .. .. 22 Mortgages, Table .. .. .. .. .. .. .. .. 15 Naval Defence .. .. .. .. .. .. .. .. 11 National Provident Fund .. .. .. .. .. .. .. 10 Native Lands, Acquisition of .. . . .. .. .. .. 13 Old-age Pensions .. .. .. .. .. .. .. .. 9 Pacific Cable, Duplication of .. .. .. .. .. .. .. 9 Pensions .. .. .. .. .. .. .. .. .. 9 Post and Telegraph Department .. .. .. .. .. .. 8 Postage Rates .. .. .. .. .. .. .. .. 8 Preamble .. .. .. .. .. .. .. .. .. 1 Proposals and Estimates, Summary of .. .. .. .. .. .. .. 28 Public Debt .. .. .. .. .. .. .. .. .. .. 17 Distribution and Annual Charges .. .. .. .. .. .. 18 Funded Debt .. .. .. .. .. .. .. .. .. 18 Loans falling due .. .. .. .. .. .. .. .. 19 Repayment .. .. .. .. .. .. .. .. .. 19 Subdivision of Debt .. .. .. .. .. .. .. .. 17 Public Service Superannuation Fund .. .. .. .. .. .. .. 10 Public Works Fund — General Purposes Account .. .. .. .. .. .. 4 Aid to, from Revenue .. .. .. .. .. .. .. 4 Purchase of New Zealand Stock .. .. .. .. .. .. .. 20 Railways .. .. .. .. .. .. .. .. .. 8 Railways Superannuation Fund .. .. .. .. .. .. .. 10 Reductions in Taxation .. .. .. .. .. .. .. .. 22 Reparations .. .. .. .. .. .. .. .. .. 16 Repayment of the Public Debt .. .. .. .. .. .. 19 Repeal of Mortgage Duty .. .. .. .. .. .. .. .. 22 Result of Year's Operations .. .. .. .. .. .. .. 2 Resumption of Gold Standard .. .. .. .. .. .. .. ..21 Revaluation Board .. .. .. .. .. .. .. .. 12 Revenue : — Accumulated Surplus .. .. .. .. .. .. .. 3 Consolidated Fund.. .. .. .. .. .. .. .. 1 Customs and Excise .. .. .. .. .. .. .. 6 Total estimated, 1925-26 .. .. .. .. .. .. .. .. 23 Results estimated, 1925-26 .. .. .. ~ .. .. .. 24 Results, 1924-25, Summary of .. .. .. .. .. .. .. .. 25 Rural Development, Capital for.. .. .. .. . .. .. ..22 Salaries and Wages, Increased Cost .. .. .. .. .. .. 2 Savings-bank, Post Office .. .. .. .. .. .. .. 8 Soldier Farms, Revaluation of .. .. .. .. .. .. .. 12 Stamp and Death Duties .. .. .. .. .. .. .. 7 State Advances Office .. .. .. .. .. .. .. .. .. 14 State Forest Service .. .. .. .. .. .. .. .. 14 Summary of Results and Proposals .. .. .. .. ~ .. .. 25 Superannuation Funds : — Public Service .. .. .. .. .. .. .. .. 10 Railways .. .. .. . . • .. .. .. .. .. 10 Teachers' ~ .. ~ ■ ■ , ■ ~ ~ .. ~ ~ 10

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