Kingdom for the years ended March 31, 1880, 1890, and the four years ended March 31, 1898 : The following table (derived from the two preceding) shows the differences (surplus or deficit) between revenue and expenditure in 1880, 1890, and the last four years : The Imperial revenue is derived mainly from taxation (under the first seven heads of the following table), which in 1897-98 produced 88, 548,000l., or 83 per cent. of the whole. The remainder is subdivided into five heads as below (viii.—xii.). 1 That is, revenue actually paid into the Exchequer between April 1, 1896, and March 31, 1897. 2 Allowing 1,120,000l. for reduction of tobacco duty. On property of persons dying after August 1, 1894. On property of persons dying before August 2, 1894. Allowing reduction of 280,000l. for revision of legacy and succession duties. Allowing reduction of 5,0001, for extended exemption. Allowing reduction of 100,000l. for extended abatements I That is, revenue actually paid into the Exchequer between April 1, 1896, and March 31, 1897. The national expenditure falls under three categories: (1) the Consolidated Fund Charges, 26,885,9947., mainly bestowed on the National Debt; (2) the Army and Navy Supply Services, 40,180,0007.; and (3) the Civil and Miscellaneous Services, including expense of collection of the revenue, 35,870,000l., for 1897-98. The exchequer issues for 1897-98 shown above are those with which the various departments were supplied to meet all requirements, whether original or supplementary; the estimates for 1898-99, shown in the table and in the details given below, are the original (exclusive of supplementary) estimates. FURTHER DETAILS OF THE BUDGET. Army. The net cost of the British army, according to the original estimates for 1898-99, is 19,220,5007. Including appropriations in aid, amounting to 3,139,099., the gross estimate was 22,359,5997. The following table shows the net estimates for 1898-99, as compared with those for 1897-98 : |