In order to show the entire expenditure for which the State was responsible in 18991900, there have to be added (1) the expenditure to which the Public Revenue paid into the Local Taxation Accounts is devoted, and (2) the expenditure chargeable to Capital Account. These additions are made in the following statement:

I. Expenditure chargeable against Exchequer Revenue as in

above table

II.-Expenditure chargeable against Local Taxation Revenue

III.-Expenditure chargeable against Capital

£ 133,722,000 9,917,000

148,639,000

4,847,000

Total.

£148,486,000

TABLE II.- Showing how the Exchequer Receipts in 1889-1900 compare with the Budget Estimate and with the Exchequer Receipts of the previous year (1898-99).

TABLE III.-Showing how the Aggregate Revenue raised by the State in 1899-1900 compares with the Aggregate Revenue raised in 1898-99.

TABLE IV.—Giving the National Balance Sheet of 1899-1900 (1) exclusive and
(2) inclusive of War Charges.

1. Exclusive of War Charges.

£117,857,000

129,757,000

108,336,000
9,521,000

119,840,000

9,917,000

The aggregate total of £18,473,000 is exclusive of the sum of £47,000 which was not paid into the Exchequer or into the Local Taxation Accounts; but was devoted, in pursuance of the Act 62 & 63 Vict. c. 17, to relieve owners of tithe rentcharge attached to benefices.

1900-1901.

TABLE V.-Showing how the Provision to be made in the Budget of 1900-1 (according to Estimates presented) compares with the provision made in the 1899-1900 (1) exclusive, and (2) inclusive of War Charges.

Budget of

GRAND TOTAL (exclusive of War Charges) 110,927,000 116,035,000+ 5,108,000

GRAND TOTAL (inclusive of War Charges) 110,927,000 154,701,000 + 43,774,000

On August 3rd, 1900, there was issued from the Treasury a Return [333] giving the following "Copy of Tables relating to the Revenue and Expenditure for 1900-1, according to the latest Estimates.":

TABLE I. giving the REVENUE and EXPENDITURE for 1900-1, as estimated on 6th April, 1900.

When the actual deficit of 1889-1900 (see p. 6 of House of Commons Paper,
No. 124 of 1900), viz. .

was added to the estimated deficit of 1900-1 (as above), viz.

13,882,000

So the estimated aggregate deficit was more than covered by
And there were reserve borrowing powers under the War Loan Act, 1900,

1,127,000

amounting to

5,000,000

TABLE II. giving the REVENUE and EXPENDITURE for 1900-1901 as estimated on the 30th July, 1900.

When the actual deficit of 1899-1900, viz.

is added to the estimated deficit of 1900-1 (as above), viz.

the aggregate deficit amounts to.