§ Mr. Lambertasked the Financial Secretary to the Treasury the sums raised by taxation and by rates, respectively, for the years 1927–28, 1932–33, and 1937–38, with the total debt liabilities of the
Year. Raised by taxation (net receipts). Rates collected. National Debt, including capital liabilities, at end of year. Gross outstanding debt of local authorities at end of year. £ £ £ £ 1927–28 … 695,742,000 189,816,000 7,630,972,670 1,253,024,000 1932–33 … 724,970,000 164,903,000 7,859,725,720* 1,554,633,000 1936–37 … 781,722,000 191,812,000 7,909,862,264* 1,588,916,000† (estimated) * Including £175,000,000 and £375,000,000 respectively in respect of the Exchange Equalisationl Account against which assets are held. † This figure relates to the year 1934–35. No later figure is available.