The Revenue Returns for the past or third quarter of
the year ending March 31st, 1902, were issued on Tuesday. The total amount paid into the Exchequer was £33,071,628, show- ing an advance of £3,596,659 on the three months ended December 31st, 1900. This brings the total revenue for the current financial year up to £87,472,160, leaving £54,983,000 to be collected during the current quarter to make up the estimated revenue of £142,455,000, and of this £23,330,000 is still to be obtained from Income-tax, only £10,470,000 having already been paid in. Turning to the increase in the last quarter, we find that Customs contributed £2,006,000, Excise £40,000, Estate-duty £1,530,000, and Income-tax £470,000. On the other hand, Stamps show a decrease of £160,000, bringing up the total decrease for the nine months to £190,000, although the estimate allowed for £175,000 increase. Of the estimated increase of £6,880,000 on Income-tax, nearly one- half Ina already been realised, and there seems to be no reason to suppose that the Chancellor of the Exchequer's expectations in regard to the yield of the new taxes will be falsified.
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