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710

NEW ZEALAND.

Years

£

1860 .

. 189,168

1861 .

. 260,863

1862 .

. 399,436

1863 .

. 592,050

1864 .

. 592,346

1865 .

. 730,008

1866 .

. 844,267

1867 .

. 843,997

1868 .

. 788,829

£

Per cent

ase of 20,852 .

.. 12-38

71,695 .

.. 37-90

138,573 .

.. 53-12

„ 192,614 .

.. 48-22

, 296 .

0-05

137,662

.. 23-24

„ 114,259

.. 1565

se of 270 .

003

55,168 .

.. 6-53

following table gives the comparative amounts realised by this branch of the revenue during the nine years from 18G0 to 1868 : —

showing an increase of

showing a decrease of

The total ordinary revenue in 1868 amounted to 1,195,512/., against 1,225,5847. in 1867, being a decrease of 30,072, or 2 45 per cent. The total -territorial revenue in 1868 amounted to 425,323/., against 561,730/. in' 1867, being 'a decrease of 136,407/., or 24*28 per cent. The territorial revenue in 1868 included 79,653/. duty on gold exported, and 50,899/. for 'miners' rights', and 'gold field fees.'

The public debt of the colony, dating from 1856, amounted to 77,174^. in that year, and rose to594,044/. in 1860, to 1,289,750/. in 1863, to 2,219,4qOZ. in 1864, to 4,368,682/. at the end of 1865, to 5,435,729/. at rthe end of 1866, to 7,579,000/. at the end of 1867, and to 7,178,143/. at the end of the year 1868. The liabilities of New Zealand are officially divided into the debt of the General Government, and the debts of the Provincial Governments, the latter contracted for local purposes. The debt of the General Government amounted to 4,260,543/. on the 31st of December, 1868, and was made up as follows on this date : —

Total amount

Debentures in

Rate of

Loans contracted under — '

authorised

circulation

interest

£

£

s.

d.

Ordinance of Legislative Council

316

8 y- cent.

' New Zealand Loan Act, 1856'

500,000

500,000

4 ■$>• cent.

' New Zealand Loan Act, 1860 ' -

150,000

95,500

6 f- cent.

f 568,200

5 f* cent.

500,000

4 -|i cent.

  • New Zealand Loan Act, 1863 '

3,000,000

1 226,400

6 i» cent.

255,900

6 •$>• cent.

[_ 106,300

6 f cent.

' New Zealand Debentures Act,

i 1864,' and' Amendment Act,

1865,' £1,000,000

33,527

15

11

8 1>- cent.

' Treasury Bills Act, 1866 ' .

150,000

150,000

id. 1* cent, per diem

' Treasury Bills Act, 1868 ' .

78,000

12,000

■ifd. f- cent, per diem

'Consolidated Loan Act, 1867'

1,812,400

5 i>- cent.

Total Guneral Government .

4,260,543

15

11