This is the Estimate for the current year, 1879-1880 :—

ESTIMATE OF REVENUE. ESTIMATE OF EXPENDITURE.

Customs £20,000,000 Permanent Charge of Debt a:3,000,000 Excise 27,270,020 Interest on Local Loans 410,00) Stamps 10,780,000 Charge of Suez Loan 200,000 Land-tax 2,700,000 Interest on Supply Ex-

Income and Property-tax 9,250,000 chequer Bonds and Loan

Post Office 6,950,000 to India 220,000 Telegraphs 1,340,000 Other Consolidated Fund

Crown Lands 390.000 Charges 1,760,000 Interest received on Local Army 15,615,702 Loans 1,175,000 Home Charges of Forces in

Miscellaneous 3,900,000 India 1,100,000

Cavy

vil Services 10,536,894 1.5,064,851

Customs and Inland Revenue 2,865,383

Post Office 3,366,825

Telegraph Service 1,115,195

Packet bervice 765,725

B83,055,000

1231,153,5a

This leaves a nominal surplus of £1,901,427, but a very nominal surplus indeed, for no expenditure has been estimated in the Budget for this year for the Zulu war, Sir S. Northcote saying that as a good deal had been spent on that account for the year now expired, he hopes to bring the rest, as well as some small balance for the discharge of Exchequer Bonds, within this £1,900,000.