Page:Statesman's Year-Book 1921.djvu/97

 FINANCE 45

Iu addition to the ordinary expenditure above given, there were in 1920-21 issues to meet capital expenditure under the Telegraph fMonev) Acts, 1913 and 1920, 5,900,000/. ; Housing Act, 1914, 43,000/. ; the Post Office (London) Railway Act, 1913, 144,000/. ; amounting in the aggregate to 6,087,000/. The monev raised for Supply purposes by National Savings Certi- ficates was 41,130,794/" and by other loans, 70,960,875/.; total, 112,091,669/. The balance in the Exchequer on April 1, 1920, was 9,369,097/. ; the gross receipts into the Exchequer in the year 1920-21 amounted to 7,126,758,208/.; the gross issues out of the Exchequer amounted to 7,133,052,799/; leaving a balance on March 31, 1921, of 3,074,506/.

Army and Navy and other war expenditure down to 31 March, 1919, was met by votes ot credit, the total of which, voted from August, 1914, to November, 191S, amounted to 8,742,000,000/., of which 362,000,000/. represented votes of credit for 1914-15, 1,420,000,000/. for 1915-16. 2,010,000,000/. for 1916-17. 2,450,000,000/. for 1917-18, and 2,500,000,000/. for 1918-19.

The following are the principal items of the Civil Service estimates for 1921-22 :—

Public Education. 63, 5 IS, 000

Old Age Pensions ..... 26,150,000

Ministiy of Pensions .... 111,557,000

Ministry of Health, kc. Insurance, &c. 31,220,000 Ministry of Labour. Civil Demobilisation and

Resettlement, &c. . ... 18,325,000

Loans to Dominions and Allies. 5,000,000

Railway Agreements, Transport, Ac. . 30,673,000

Ministries of Munitions and Shipping 13.046,000

Coal Mines Deficiency ... 3,000,000

Other Civil Services .... 76,546,000

379,035,000

The estimated expenditure chargeable against Capital in 1921-22 is as follows : —

¥

Telegraph (Money) Act, 1913. . 9,032,000

Post Office (London) Railway Act, 1913. 34,500

Housing Act, 1914. " . . 156,000

Electricitv Supplv Act, 1919. . 1,250,000

10,472,500

The net expenditure for the Revenue Departments in 1921-22 is estimated as follows : Customs and Excise, 6,676,000/. ; Inland Revenue, 8,025,000/.; Post Office, 67,165,000/. Thus the total expenditure for