Passing to the estimates for the year which began on

April 1st, Mr. Goschen estimated £61,941,000 as the expendi- ture on the Supply services, and £28,312,000 as the ex- penditure on the Consolidated Fund, the total estimate of expenditure being, therefore, £90,253,000. Against this he estimated his revenue as follows :—

Customs ...

• ••

£19,900,000

Excise '••

• • •

25,452,000

Stamps '••

• • •

13,560,000

House-duty and Land-tax

• • •

2,450,000

Income and Property Tax Total Tax Revenue

..•

13,400,000

• ••

£74,762,000 Poet Office ...

10,400,000

Telegraphs ...

2,560,000

Crown Lands ...

435,000

Interest on Advances

220,000

Miscellaneous ...

2,100,000

Total Non-tax Revenue

15,715,000

Total Revenue

£90,477,000

Deducting from this the estimated expenditure of 290,253,000, there remains a surplus of £224,000. Deducting g24,000 for a remission of certain of the patent charges, Mr. Goschen proposes to retain £200,000 as his estimated surplus for the current year.