New Guinea Finance

DESPITE heavy unforeseen costs, the New Guinea Administration commenced the 1939 financial year with a sur plus of £59,691. The estimate of revenue is £492,150 and of expenditure £537,320. It is thus anticipated that during the year the surplus will be reduced to £14,521. This is largely due to new works —especially £16,000 to remove the native hospital and native labour quarters from their pre sent dangerous location at Rapindik, Rabaul. and the provision of £34.000 for new roads throughout the Territory.