For the year 1888-89, Mr. Goschen estimated as follows :-

EXPENDITURE.

REVENUE (if Taxes unchanged).

Interest on Debt 227,861,000 Customs 219,800,000 Army 16,700,000 Excise 25,560,000 Ordnance Factories 30,090 Stamps.. 12,740,000 Navy 13,083,000 Land-tax 1,048,000 Civil Service 18,145,000 House-duty 1,890,000 Customs & Inland Revenue 2,746,000 Income-tax 13,820,000 Post Office Telegraphs 5,667,000 2,037,000 Total Tax Revenue 274,856,000 Packet Service 841,000

Poet Office 28,800,000

Telegraphs 2,500,000

Crown Lands 390,000

Interest on Suez Canal, &c 241,000

Miscellaneous 3,000,000

Total Non-tax Revenue 214,431,000 Total 286,910,000 Total Revenue 289,287,000

This would leave a surplus of 22,377,000 for the year which commences to-morrow, if no change were to be made in the present taxation.