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44

THE BRITISH EMPIRE: — UNITED KINGDOM

Kingdom for the years ended March 31, 1880, 1890, and the four years ended March 31, 1898 : —

Year ended March 31

IlEVENUE

Estimated

Actual Receipts

More ( + )

in the

into the

or less ( - )

Budgets

Exchequer

than Estimates

£

£

£

1880

81,161,000

79,344,098

-1,816,902

1890

86,150,000

89,304,316

+ 3,154,316

1895

94,175,000

94,683,762

+ 508,762

1896

96,162,000

101,973,829

+ 5,811,829

1897

100,480,000

103,949,885

+ 3,469,885

1898

103,044,000

106,614,004

+ 3,570,004

Expenditure

- Year ended March 31

Budget and

Actual Pay-

More ( + )

Supplementary

ments out of

or less ( - )

Estimates

the Exchequer

than Estimates

£

£

£

1880

84,105,871

82,184,797

-1,921,074

1890

86,723,168

86,083,314

- 639,854

1895

94,537,685

93,918,421

- 619,264

1896

98,498,496

97,764,357

- 734,139

1897

102,324,921

101,476,669

- 848,252

1898

104,892,900

102,935,994

-1,956,906

The following table (derived from the two preceding) shows the differences (surplus or deficit) between revenue and expendi- ture in 1880, 1890, and the last four years : —

Year Ended March 31

Surplus ( + ) or Deficit ( - )

Year Ended March 31

Surplus { + ) or Deficit ( - )

1880 1890 1895

£ -2,840,699 + 3,221,002 + 765,341

1896 1897 1898

£ + 4,209,472 + 2,473,216 + 3,678,010

The Imperial revenue is derived mainly from taxation (under the first seven heads of the following table), which in 1897-98 produced 88, 548,000^., or»83 per cent, of the whole. The re- mainder is subdivided into five heads as below (viii. — xii.).