NATIONAL DEBT

49

The following statement shows the total amount of the Gross Liabilities andthe Assets of the State on March 31, 1912 :—

Liabilities : £

Funded Debt ...... 602 200 092

Estimated Capital Liability of Terminable

Annuities Unfunded Debt

Other Capital Liabilities : Telegraph Acts, 1892 to 1907 Naval Works Acts, 1895 to 1905 . Uganda Railway Acts, 1896 to 1902 Public Offices (Acquisition of Site) Act, 1895 Public Offices (Whitehall) Site Act, 1897 Royal Niger Company Act, 1899 . Military Works Acts, 1897 to 1903 Land Registry (New Buildings) Act, 1900 Pacific Cable Act, 1901 Public Offices Site (Dublin) Act, 1903 Public Buildings Expenses Act, 1903 Cunard Agreement Act, 1904 Telephone" Transfer Act, 1911

Total Gross Liabilities

33,044,389 39,500,000

7,801,186

18,063,611

3,631,176

386,235

431,074

585,555

10,472,679

186,382

1,815,512

197,733

1,410,804

2,080,000

3,000,000

674,744,481

50,061,947

724,806,428

Assets : Suez Canal Shares, market value (31 Mch. 1912) 44,046,000

Other Assets 3,704,386

^ ^ 47,750,386

Exchequer Balances at the Banks of England and Ireland 11,468,591

The total issues on account of debt in 1911-1:3 were — £

Inside tlie Permanent or Fixed Annual Charge .... 24,500,000 Charges connected with other Capital Liabilities . . . . 3|72oi551

Total debt provision in 1911-12 Of this amount, ^9,358,673 was for repaj'ment of principal.

IV. Local Taxation. Local Revenue.

28,220,551

Receipts from

England and

Wales

(1909-10)

Kates . j 63,260,940

Water Undertakings

Gas ,, . ,

Electric Lit:ht Undertakings

Repayments -

Tramways and Light Railways

Toils, Dues, (fee. .

Rents, interest, &c.

Sales of Property

Government contributions .

Loans

Miscellaneous

Total receipts

4,999,2011

7,4S4,429

3,663,015

1, -293, 215

8,472,347

7,079,453

3,457,713

122,346

20,914,877

41,248,9331

6,161,086

168,157,555

Scotland (1909-10)

& 6,614,029 1,036,197 1,951,847

579,270

28,999

1,253,201

1,257,375

274,487

151,693 2,808,186 2,165,766

743,594

18,854,650

Ireland (1909-10)

&

3,300,524

326,566

378,935

143,257

203,875 403,936 267,948

1,456,305

1,790,964 480,188

8,752,498

1 Exclusiveof Metropolitan Water Board receipts, but loans are inclusive of 22,570,459Z. on account of Port of London Authority. '

2 Repayments on account of private ioiprovements executed by local authorities.

E