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Appendix IV. —Estimate of Revenue and Expenditure for the Year 1927-28. Received. Expended. £ s. d. £ s. d. Government grants .. .. .. .. .. .. 12,162 0 0 Interest and dividends .. . , .. . . .. .. 350 0 0 Zoological Record, net sales . . . . .. . . .. .. 40 0 0 Salaries .. .. .. . . .. . . .. 8,565 0 0 Provident Fund . . . .. . . . . .. 428 5 0 Review of Applied Entomology (deficit) .. .. . . 600 0 0 Bulletin of Entomological Research (deficit) .. .. .. 300 0 0 Sundry publications . . .. . . .. .. 100 0 0 Queen's Gate office .. .. . . .. . . 650 0 0 Library .. . . .. .. . . . . .. 250 0 0 Translations . . ~ .. .. .. . . 30 0 0 Travelling-expenses . . .. .. .. .. 80 0 0 General expenses .. .. . . .. . . .. 180 0 0 Specialists' fees .. .. . . .. .. .. 50 0 0 Office and library furniture .. .. .. .. .. 7500 Scientific equipment .. . . . . .. . . 50 0 0 11,358 5 0 12,552 0 0 Balance .. .. . . .. .. 1,193 15 0 £12,552 0 0 £12,552 0 0

No. 38. New Zealand, No. 175. Sir, — Downing Street, Bth September, 1927. With reference to my telegram of the 28th July, I have the honour to state, for the information of His Majesty's Government in New Zealand, that the question of assistance for the transport of pedigree stock from this country has been under consideration by the Empire Marketing Board. 2. The Imperial Economic Committee, in their first and second reports (Cmd. 2493, paragraph 43, and Cmd. 2499, paragraph 56), recommended that part of the Empire Marketing Fund should be devoted " to defray the cost of transporting pedigree breeding cattle, sheep, and swine from the United Kingdom to other parts of the Empire." This recommendation has been periodically considered by the Empire Marketing Board since its appointment; but the almost continuous existence of foot-and-mouth disease in Great Britain since the date of the Board's appointment has compelled the oversea Governments of the Empire to forbid the importation of British stock and has postponed the possibility of giving practical effect to the recommendation. 3. In May, 1927, the Royal Agricultural Society of Great Britain submitted to the Board a scheme for the establishment of portal quarantine stations. This scheme was approved by the Board. A quarantine station in the London Docks is in course of erection, and will, it is hoped, be ready for use by November. The establishment of additional stations at Glasgow and Liverpool is being actively explored. If all three stations are established the Board anticipate a charge upon the Empire Marketing Fund in respect of them of £15,000 capital and £7,500 per annum maintenance expenditure. 4. Having thus taken steps to secure that the export of pedigree stock to the oversea parts of the Empire should at least not be wholly discontinued, the Board have returned to an examination of the recommendation made by the Imperial Economic Committee. The more closely that recommendation has been examined in the light of present circumstances, the more difficult it has been found to frame a comprehensive scheme, applicable to the different parts of the Empire concerned, which would at once secure the advantages desired and not involve a disproportionate appropriation from the Empire Marketing Fund. 5. In view of these difficulties the Board have decided to abandon the idea of framing a comprehensive scheme, and to invite oversea Governments to frame and

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