CO129-347 - Governor Sir Lugard - 1908 [4-6] — Page 517

Year.

514

Revenue.Expenditure. Profit. Loss.

Military Con- -tribution.

$

$

1898

337,179

241,5 561

95,618

59,006

1899 317,909 237,903

80,006

55,634

1900 325,603 235,263

90,340

56,980

1901

355,912 273,685

82,227

71,182

1902

387,066 316,240

70,826

77,413

1903

414,867 334,178

80,689

82,973

*

1904

408,458

316,7

756

91,702

81,6

691

1905

414,838 585,449

-

170,611 **

82,968

1906

420,454 359,4

484

60,970

84,091

1907

445,420 366,452

78,968

89,084

3,827,706 3,266,971

731,346 170,611

741,022

(*) Decrease due to transfers on account of starps

sold for purposes other than postage.

(**) Loss due to payment of arrears of Mail Subsidy

from 1st. February, 1898.

There is, however, a further item which must be taken into

consideration with the above figures, namely,

"Postal

Transit Charges Refund" credited to "Fees of Court etc."

which amounted during the period to $148,351. The account

for the ten years will then stand as follows:-

Cr.

Dr.

---------

.$3,827,706 Expenditure................ .$3,266,971

Balance Dr.

Revenue..

Transit Charges Re-

-fund........................ 148,351

61,159

Military Contribu-

$4,037,216

➡tion...................... 741,022

Military Contribu-

-tion on Transit Charges Refund. 29,223 $4,057,216

It will thus be seen that the profits (roughly 21 per

centum)