by means of steamboats, docks, canals, etc., for which no charges have been raised." The value of these are estimated roughly at from £10,000,000 to £15,000,000.
Big Balances.
Taking into account the value of the Government traffic as given in the above table, the total receipts and expenditure, with the balance earned in 1913 and the period under control, have been as follows:—
Year. | Receipts. £ |
Expenditure. £ |
Balance. £ |
---|---|---|---|
1913 | 118,700,935 | 75,127,210 | 45,573,725 |
1914 (part of) | 47,918,188 | 31,782,832 | 16,135,356 |
1915 | 130,358,044 | 85,028,262 | 45,328,782 |
1916 | 145,871,085 | 95,756,706 | 50,114,379 |
1917 | 164,279,430 | 108,877,932 | 55,401,498 |
1918 | 177,584,321 | 131,326,295 | 46,258,026 |
Total control | 666,011,068 | 452,772,027 | 213,239,041 |
In the period of control the total amount paid as compensation to the companies was £95,313,607, leaving a balance of earned income of £117,926,444, or £5,882,633 in excess of the estimated value of Government services at authorised pre-war rates. The estimate submitted by Sir Auckland Geddes gave the estimated increased cost for the year ending March 31st, 1920, compared with 1913,
£ | |
---|---|
War wage and other concessions | 57,000,000 |
Eight-hours day and new concessions | 20/25,000,000 |
Extra cost of materials and coal | 27,000,000 |
Total extra | 104/109,000,000 |
There were other subjects of public discussion, too, like the Municipal Housing Schemes, the Peace Treaty of Versailles published on May 9th, and the disclosure of documents issued to