RETURN to an Order of the Honourable The House of Commons, dated 16 April 1923;-for

COPY" of STATEMENT of REVENUE and EXPENDITURE as laid before the House by the CHANCELLOR OF THE EXCHEQUER when opening the BUDGET."

To be purchased through any Bookseller or directly from

H.M. STATIONERY OFFICE at the following addresses:

IMPERIAL HOUSE, KINGSWAY, LONDON, W.C. 2, and 28, ABINGDON STREET, LONDON, S.W. 1; 37, PETER STREET, MANCHESTER; 1, ST. ANDREW'S CRESCENT, CARDIFF; or 120, GEORGE STREET, EDINBURGH.

1922-23.

TABLE I. showing how the Amount issued from the Exchequer to meet the EXPENDITURE in 1922-23 compares with the Estimated Expenditure.

In order to show the entire expenditure for which the State was responsible in 1922-23, there has to be added the expenditure chargeable to Capital Account as given in the following statement:

1922-23.

TABLE II. showing how the REVENUE in 1922-23 compares with the Budget Estimate, and with the Revenue of the previous year, 1921–22.

1922-23.

TABLE III. giving the EXCHEQUER BALANCE SHEET of 1922–23.

The following issues out of Revenue to purchase or redeem Debt
are included under the head of Expenditure:-

Capital of Terminable Annuities

2,958,000

Funding Loan Sinking Fund

2,313,000

Victory Bonds Sinking Fund

1,983,000

Conversion Loan Sinking Fund

7,445,000

Issues to National Debt Commissioners for Bonds, &c., for Death
Duties under s. 3 of War Loan Act, 1919

7,526,000

Repayment of War Loan. &c., surrendered for Duties under s. 34
of Finance Act, 1917

1,288,000

Issues for Depreciation Fund under Finance Act, 1917

1,198,000

Making a Total issued out of Revenue for Redemption of
Deadweight Debt in 1922-23 of

126,227,000