REVENUE AND EXPENDITURE.

607

Revenue and Expenditure.

The revenue of the colony is derived mainly from import duties, which produced, on the average of the last five years, rather more than a quarter of a million sterling per annum. Comparatively little is derived from rent or sales of public lands, although enormous dis- tricts are waiting to be cultivated, and the price of agricultural produce is very high. A large portion of the expenditure is for police, gaols, and convicts. The actual income and expenditure of the colony during the ten years, from 1859 to 18G8, were as follows: —

Years

Revenue

Expenditure

£

£

1859

472,441

611,036

1860

508,211

657,505

1861

572,417

682,731

1862

504,703

632,288

1863

468,625

649,881

1864

519,390

600,411

1865

519,045

651,515

1866

536,347

540,384

1867

609,476

670,571

1868

565,556

656,172

The revenue of 1868 was obtained from the followin

Customs : —

Import duties . Land sales . Land revenue Rent, exclusive of land Transfer duties . Auction ,, Succession „ Tax .

Sources of Revenue

Stamps and stamped licenses

Banknotes duty .

Postage

Fines, forfeitures, and fees of court

Fees of office

Sale of Government property

Reimbursements in aid of expenses

vernment .... Interest and premiums Special receipts .... Miscellaneous receipts

incurred by Go

Total :

g sources :

Amount &

283,024

36,369

49,382

153

40,804

11,636

3,433

39

60,112

4,029

28,430

12,480

4,298

458

22,403

5,778

2,407

321

565,556