The table given above analyses the Home Accounts in a way which
brings out the essential facts more clearly than the Government’s own
published accounts. These actual figures may be compared with the
hypothetical balance–sheet given in § 13.
The principal items of the Home Charges are analysed below. As these
do not vary much from year to year it has been thought sufficient to
give the figures of one recent year, namely, 1911–12. It will be seen
that in that year about £5,000,000 was spent on pensions and leave
allowances, £11,000,000 on debt services, and £2,250,000 on military
services (excluding pensions). Other expenses were of a very small
amount.
ANALYSIS OF HOME CHARGES IN 1911–12
Superannuation and pensions (Civil) £2,063,100
” ” (Military)(net) 2,471,400
Furlough allowances 426,500
Interest on ordinary debt 2,284,700
Interest on railway debt and on capital deposited by
companies 5,268,600
Railway annuities and sinking funds 3,623,600
Military services (apart from pensions) 2,277,400
Miscellaneous 1,130,200
——————————–
£19,545,500
Revenue from interest £448,000
Miscellaneous revenue 141,600
————————
589,600
——————————–
£18,955,900
═══════════
The total drawings of Council Bills, the average, maximum and minimum
rates of allotment, and the fluctuation between the maximum and minimum
in recent years were as follows:—
Public-domain text, read in full here on John Shaqi.
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