That <defi- ciency-was niade up;for in thi4 way ;— Therp^was available at'the end of fche last financial period (I explained the items at i i^e)> in respect of debentures unsold ; arid LlSOOliave been : received during the six months; on Bopo sii Account":, the twcT making L 28,500. I have already explained that we 5 com menced tho half year with a deficiency of L17,8G1 9s, sd; and if that sum is added to the L 28,500 just explained, it-WHI' be Seen bow ifo supply the defi ciency Of L4G,3GI 9s M during the last financial period of six months. It yrm always understood tliat the L 27,000 of di* bentures was to be used in aid of revenue: dining the previous year, jtherewafiiisum of Loo,poo so taken in aid of revenne. As to the deficiency in the hit financial period, I must also explain that about L2p,000, the proceeds of the sale^ of lands in Hundreds, which took place late in March, could not be in

clnded in the half-year, as it properly should have been. Purchaser liad the option of paying a 10 per cent deposit, A W^SSUtt' tKeujM. a,montkj So ih*# the L£OfoG&wa*neoeS6akiy turned over tothe riextmonth, and during AnriL imdnding' the 11*20,000, we received L27>000 from land sales. In speaking of a "deiiciency^? aa Ihavedone, I have been actuated by a desire to put the facte before the House in their plainest aspect but it itrhardly right,.perhaps, that when an excess of expenditure is made to appear solely, by., .the, provision -beforehand for worksite be done, it should be attributed to a deficiency during the period in which that pro vision was made. It k conve nient, and it is plain speaking, to speak of a" deficiency,?', and, therefore, I have used theexpression. The estimated re veimo for thb six montlis ending the 31st March, was L 151,070, wMlsfc the amount received wa* L 120,710 ISs 10d, showing a ;- deficiency of something like L 20,000. That amount was-principally made up by the -very large deficiency in the receipt under the head Crown Lands—LGo,ooo being estimated, and only 1^39,407 re ceived, showing a deficiency of L 20,593 ,'; aboufc thesameamounfcjaalliaveexplaiued! which should have come into acconutln March, being turned over to the April account. 