The Revenue Returns are good. For the three quarters they
are already over Mr. Gladstone's estimate, while the Income-Tax return shows, as usual, that there are very considerable. arrears
to be pulled up in the last quarter. The following is the com-
parison with the estimate :- THREE QUARTERS OF MR. GLADSTONE'S BECZ/PTS IN TERRE QUARTERS ESTIMATES. ENDED 3IST Dsc., 1556.
Customs £15,692,250 £16,776,000 Excise 14,812,500 15,135,000 Stamps 7,087,500 6,866,000 Assessed 2,486,250 3,079,000 Property Tax 4,275,000 3,544,000 Post Office ... 3,337,500 3,370,000 Crown Lands 243,750 237,000 Miscellaneous 2,325,000 1,985,697
Total
£50,259,750 £50,992,697
—which shows a balance in our favour of 732,947/, already. The property-tax, however, is more likely to be above than below the estimate for the whole year, so that a surplus of at least a million and a half sterling seems pretty certain.