Mr. Childers had, of course, no room for the remission
of taxation ; but his speech closed with two remarkable proposals, which will make it memorable as a Budget speech. The yield of the Revenue as compared with the Estimates had been so far satisfactory, that it had enabled the Government, with the help of some economies in expenditure on which they had not counted, to cover all the supplementary expenditure for which Estimates were presented to the House both in the last and the present session, and which amounted in all to £1,38.5,000, and yet to obtain a small surplus. The Estimates, as compared with the actual yield, were as follows :-
Estimate for
1883-84. Actual Yield, 188384.
Customs
£19,749,000 £19,701,000 Excise 26,765,000 26,952,000 Stamps 11,510,000 11,620,000 Land-tax 1,040,000 1,070,000 house-duty 1,785,000 1,805,000 Property and Income Tax... 10,265,000 10,718,000 Poet Office 7,740,000 7,730,000 Telegraph Service 1,750,000 1,745.000 Crown Lands 380,000 380,000 Interest on Advances for
Local Works and on Pur- chase Money of Suez Canal
Shares 1,185,000 1,196,128 Miscellaneous (including In- dian Home Charges) 4,380,000 4,288,056 Total Revenue £86,549,000 £87,205,184
As the expenditure, originally estimated at L135,789,000, though after including the Supplementary Estimates of expenditure it had been expected to reach £87,819,000, had in fact only reached £86,999,000, the surplus for the year of Revenue over Expendi- ture had been £206,184.
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