Year to December 31 1912 1922
Ordinery and Ordinary and Extraordinary Extraordinary Army and Navy Railways Post and Velagraphs and Telephone {Service of Public Debt "Other Services $120,691,324 $217,000,000 (approx.)
4,663.534 {Estimate} 24,027,369 73,135,881 165,386,076 129,883,646 150,000,000 (approx.)
Total Expenditure $328,379,385 $614,308,7421+
Expentiture per Capita (a) Yotal Expenditure (Ordinary and Extraordinary) 1.38 (by On Arm (Ordinary and Extraordinary) 0.49 -(e) On "Railw mary and Extraordinary) 0.13
All estimates.
Ihe rate of exchange at that time was £1 to $8.00. The same rate will have to be applied to all the amounts in silver for 1922 if converted into sterling.
The discrepancy: between the total revenue and the total nditure was made up by (1) issue of $10,000,000 of bonds, (2) temporary loans and advances and (8) postponements of payments of expenses, etc.
Text read from the printed page and cleaned; old type leaves the occasional error.