ABSTRACT OP THE Revenue and Expenditure OF THE PUBLIC ACCOUNT OF NEW ZEALAND FOE THE YEAR ENDED 31st MARCH, 192 7, COMPAKED WITH THE YEAR ENDED 31ST MARCH, 1926. Note.—ln these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 31.

2—B. 1 [PT. I].