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The Pamphlet Collection of Sir Robert Stout: Volume 84

The National Debt of New Zealand

page 21

The National Debt of New Zealand.

Gross Public Debt, 31st March, 1884 £34,965,222
Less Sinking Fund Accrued 3,276,873
£31,688,349
Cash Balance in hand 31st March, 1886 £112,858
Remaining to be expended out of Loan 768,780

From which, deducting cost of construction of Railways, £13,726,166, and expenditure on Immigration, £2,072,831, from the total indebtedness of £31,688,349, leaves £15,798,997 as the National Debt of the Colony at the present time.

Amount of Public Debt per head, less Sinking Fund accrued, £54 15s. 11d.