Great Britain's Wealth. £1,548,183,918 FOR THE EXCHEQUER IN FIFTEEN YEARS.

Progress, Volume II, Issue I, 1 November 1906, Page 11

Great Britain's Wealth. £1,548,183,918 FOR THE EXCHEQUER IN FIFTEEN YEARS.

The total sum paid by the inhabitants of the United Kingdom into the Exchequer during the last fifteen years reaches the enormous amount 0f_£i, 548, 183,918. I The Exchequer received as revenue in 1891-92 the sum of £79,125,686. The speed at which Britain increases its wealth may be gathered from the fact that this year the Exchequer will receive £126,870,474. The expenditure in the same years was £78,058,673 and £123,404,854 respectively. The following table of incomes will show how the annual payments into the Exchequer are increasing — 1894-95 £82,551,191 .. 1901-2 £127,152,614 1898-99 £94.301,391 ■• 1902-3 £135372,762 There has been a deficit in the Exchequer six times in the last fifteen years, and the largest was in 1900-01, when it amounted to £53,207,580. The cost of the sea and land forces of Britain has almost doubled since 1891, when the amount under the naval and military expenditure was £33,162,789. This year the figures are £60,302 477. In 1900-01 the naval and military expenditure was £121,767,790, the next year it had increased by nearly nine millions, and the following year — the last of the Boer war — it was £110,844,488. The total revenue derived from taxes this year is estimated at £119,875,000, an increase of £34,759,000 since 1891.