Statement showing the amount of the Gross Public Expenditure of the United Kingdom in each of the undermentioned years, distinguishing the Principal Branches. (In thousands of pounds— 000's omitted.)

4. (Compiled from various numbers of the "Statistical Abstract for the United Kingdom.")

On account of National Debt:

Interest on Permanent Funded 000 £'s. 000 £'s. 000 £'s. 000 £'s. 000 £'s. 000 £'s. 000 £'s. 000 £'s.

NOTE. The figures for 1870 and subsequent years are exclusive of Payments made from. Army and Navy Extra Receipts and Contributions by India for Military charges. See note to previous table. * In addition to the above totals, the following amounts were expended out of special Loans for Fortifications and Military Barracks, viz. :-1865, £620,000; 1870, £200,000; 1875, £600,000; 1876, £250,000; 1878, £800,000; 1880, £250,000.

Includes the principal and interest of the Suez Bonds, the interest on Cape Railway Bonds, and, in 1888-9, the interest on the Treasury Bills issued under the National Debt Conversion Act. The payments on account of Local Loans are now met out of the "Local Loans Fund" under Act 50 and 51 Vic., c. 16.

In addition to these amounts, a further sum of £1,000,000 was expended out of Loans on account of the Debt Conversion operations.

Statement of the various Branches of the Public Revenue produced within each of the years ended 31st March, 1888 and 1889.

Statement of the Various Branches of the Public Expenditure of the United Kingdom in each of the years ended 31st Marchi, 1888 and 1889.

The amount of the Civil List was fixed by the Act 1 and 2 Vic., c. 2, which enacted that in consideration of the hereditary and other Crown revenues being paid into the Consolidated Fund, a fixed annual sum of £385,000 should be granted to Her Majesty to defray the expenses of H. M. Household and to support the honour and dignity of the Crown. This amount is considerably less than the income enjoyed by previous sovereigns. (See Civil List and Royal Grants, ante).

*The amounts of the various descriptions of the National Debt for a series of years are stated in Table No. 18. Under the National Debt (Conversion) Act, 1888, over £549,000,000 of 3 per cent. Stock has been converted into 2 per cent. Stock. The immediate saving in annual charge effected by this measure is about £1,300,000, and the ultimate saving will be £2,600,000.

Viz; fifth quarter's dividend on Stock converted, bonus, commission, and remuneration to Bank. Only £2,009,958 of this sum was defrayed out of revenue, the remaining £1,000,000 being met by the issue of Treasury Bills.

The amounts representing repayment of Principal included in these totals were £4,914,031, and £5,145,756 in 1887-8 and 1888-9 respectively. See also Table No. 1, page 367.

§ Including £38,000 for the Ordnance Factories.

Total for Army and Navy..