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H.—26a.

TABLE XI. Statement showing Subsidies paid as compared with Subsidies required under the System indicated in the Act.

Approximate Cost of Paper— Preparation, not given ; printing (2,094 copies), £38 10s.

By Authority: G. H. Loney, Government Printer, Wellington. —1936.

Price 9d.]

22

Year ended Subsidy required. Subsidy paid. Shortage. £ £ £ 31st December, 1908 . . .. .. (Say) 20,000 20,000 1909 .. .. .. 20,000 20,000 1910 .. .. . . 22,500 22,500 1911 48,000 23,000 25,000 1912 .. .. .. 48,000 23,000 25,000 1913 . . .. 48,000 48,000 1914 .. 66,000 48,000 18,000 1915 .. .. 66,000 48,000 18,000 1916 . . .. 66,000 48,000 18,000 1917 .. .. 86,000 48,000 38,000 1918 .. 86,000 48,000 38,000 1919 . . . . 86,000 : 86,000 1920 .. . . 125,000 86,000 39,000 1921 . . .. 125,000 ! 86,000 39,000 1922 .. .. .. 125,000 86,000 39,000 1923 .. .. . . 172,000 86,000 86,000 1st January to 31st March, 1924 .. 43,000 136,000 -(93,000) 31st March, 1925 .. .. . . 240,000 136,000 104,000 1926 • • •• •• •• 240,000 86,000 154,000 1927 .. .. .. 240,000 86,000 154,000 1928 .. .. .. .. 285,000 86,000 199,000 1929 .. .. .. .. 285,000 86,000 199,000 1930 .. .. .. .. 285,000 186,000 99,000 1931 .. .. .. .. 332,000 86,000 246,000 1932 .. .. .. . . 332,000 86,000 246,000 1933 .. .. .. .. 332,000 124,157 207,843 1934 .. .. .. .. 332,000 126,776 205,224 Total s •• •• •• •• 4,155,500 2,051,433 2,104,067

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