FINANCE 45
Iu addition to the ordinary expenditure above given, there were in 1920-21 issues to meet capital expenditure under the Telegraph fMonev) Acts, 1913 and 1920, 5,900,000/. ; Housing Act, 1914, 43,000/. ; the Post Office (London) Railway Act, 1913, 144,000/. ; amounting in the aggregate to 6,087,000/. The monev raised for Supply purposes by National Savings Certi- ficates was 41,130,794/" and by other loans, 70,960,875/.; total, 112,091,669/. The balance in the Exchequer on April 1, 1920, was 9,369,097/. ; the gross receipts into the Exchequer in the year 1920-21 amounted to 7,126,758,208/.; the gross issues out of the Exchequer amounted to 7,133,052,799/; leaving a balance on March 31, 1921, of 3,074,506/.
Army and Navy and other war expenditure down to 31 March, 1919, was met by votes ot credit, the total of which, voted from August, 1914, to November, 191S, amounted to 8,742,000,000/., of which 362,000,000/. represented votes of credit for 1914-15, 1,420,000,000/. for 1915-16. 2,010,000,000/. for 1916-17. 2,450,000,000/. for 1917-18, and 2,500,000,000/. for 1918-19.
The following are the principal items of the Civil Service estimates for 1921-22 :—
Public Education . 63, 5 IS, 000
Old Age Pensions ..... 26,150,000
Ministiy of Pensions .... 111,557,000
Ministry of Health, kc. Insurance, &c. 31,220,000 Ministry of Labour. Civil Demobilisation and
Resettlement, &c. . ... 18,325,000
Loans to Dominions and Allies . 5,000,000
Railway Agreements, Transport, Ac. . 30,673,000
Ministries of Munitions and Shipping 13.046,000
Coal Mines Deficiency ... 3,000,000
Other Civil Services .... 76,546,000
379,035,000
The estimated expenditure chargeable against Capital in 1921-22 is as follows : —
¥
Telegraph (Money) Act, 1913 . . 9,032,000
Post Office (London) Railway Act, 1913 . 34,500
Housing Act, 1914 . " . . 156,000
Electricitv Supplv Act, 1919 . . 1,250,000
10,472,500
The net expenditure for the Revenue Departments in 1921-22 is estimated as follows : Customs and Excise, 6,676,000/. ; Inland Revenue, 8,025,000/.; Post Office, 67,165,000/. Thus the total expenditure for
