FINANCE

245

Imperial 'Colonial Courts of Admiralty Act, 1890.' There is a Superior Court in each province ; county courts, with limited jurisdiction, in most of the provinces ; all the judges in these courts being appointed by the Governor- General, Police magistrates and justices of the peace are appointed by the Provincial Governments.

In 1910, 15,305 persons were charged with indictable offences; of these 11,700 were convicted, 91,203 were summarily convicted.

Finance.

financial accounts are under three headings — first, * Consolidated Fund,' comprising the general sources of revenue and branches of expenditure ; secondly, 'Loans' in revenue, and 'Redemption' with 'Premiums and Discounts' in expenditure; and thirdly, 'Open accounts.' The headings ' Loans ' and ' Redemption ' include the deposits in and withdrawals from the Post Office and Government Savings Banks, the amount on deposit forming part of the floating or unfunded debt ot the country. Under the head of 'Open Accounts' are included investments, trust funds. Province accounts, and expenditure on capital account on public works.

The following relates to the Consolidated Fund (the fiscal year 1905-6 ended June 30, the succeeding years ended March 31. The fiscal year 1906-7 contained only 9 months) :—

Years ended March 31

Net revenue

Expenditure

£

£

1907-8

19,744,537

15,754,076

1908-0

17,491,422

17,279,870

1909-10

20.864,652

16,323,526

1910-11

24,210,418

18,042,474

1911-12

27,997,800

20,177,629

1912-131

34,900,000

34,900,000

1913-141

41,100,000

38,000,000

1 Estimated The following relates to the financial year ended March 31, 1912 :-

Expenditure

Receipts

Consolidated Fund

Loans, Savings Banks &

Dominion Notes . Open Accounts

Total .

Dollars . 136,108,217

66,4^5, .■•63 . 368,125,006

. 570,718,786 (117,314,414Z.)

Consolidated Fund Redemption, Savings Banks

<fc Dominion Notes 0])en Accounts

Total

Dollars 98,161,441

32,116,033 . 440,441,312

. 570,718,786 (117,314,414?.)

Consolidated Fund revenue, 1911-12 : —

1911-12

Customs .

Excise

Lands (Dominion &

Ordnance) . Public works . Post office

Dollars

85,051,872 19,261,662

3,787,341 11,651,947 10,492,394

1911-12

Investments (interest

on) Various .

Total

Dollars

1.281.317

4.581.684

ISO, 108,217

(27,997,S00Z.)