Describing the out-turn of the last financial year, the Chancellor said that revenue amounted to £872,580,- 000, an increase over the Budget estimate of nearly £9,500,000 and an increase of nearly 248,000,000 over the ancial year 1939-37.
In a further Interesting comparison, the said that the total of £872,500,000 of revenue receipts in a single year was five times greater than the cor responding gute of a quarter of a century ago.
1000/08, tax. reset Bits Sine EXra Tea Tox 'A small extra yield of some £350,- 000 to make up the estimated surplus of £352,000 is provided by a new excise. tax of Od. a gallon on power alcohol.
An additional allegation of £90,000,- 000 for the Defence Services is being met out of borrowings. This dace not figure in the ordinary Budget Ex-
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