,000 914,000
Direct Taxation{Stamps 309,500 333,000
{Income Tax 1,106,500 1,307,500
{Land Value Duties 1,000 1,000

Total Direct Taxation 2,331,000 2,555,500

Total Tax Revenue 10,410,000 8,737,500

NON TAX REVENUE (1910 11).
Postal Service 935,000 935,000
Telegraph Service 185,500 185,500
Telephone Service 35,000 35,000
Crown Lands 24,000 24,500
Miscellaneous 114,500 114,500

Total Non Tax Revenue (1910 11) 1,294,500 1,294,500

Collected "True" or
Revenue "Contributed"
at the Revenue at the
Present Day. Present Day,

Aggregates 11,704,500 10,032,000

The two aggregate figures at the bottom, L11,704,500 and L10,032,000,
approximately represent the Treasury estimate of the "collected" and the
"true" revenue of Ireland, respectively, at the present day. They are
confirmed by the figures of previous years; for the average revenue of
the five years, 1904-09, was as follows: "collected," L11,320,000;
"true" or "contributed," L9,612,400, the new taxation of 1909-10 having
added L500,000 to the "true" revenue. I must again remind the reader,
however, that the figures are open to the criticism that the adjustment
between the "collected" tax revenue and the "true" revenue is inaccurate
owing to the methods employed by the Treasury. It will be observed that
the resulting net deduction from the "collected" tax revenue of to-day,
a deduction attributable, on the balance of the various figures, almost
exclusively to Excise,[133] and mainly to the Excise duty on spirits,
amounts to L1,672,500, and makes all the difference between the solvency
and insolvency of Ireland regarded as an independent financial unit. Her
expenditure, it will be remembered, was L11,344,500, her "collected"
revenue L11,704,500, leaving a surplus of L360,000, which becomes a
deficit of L1,312,500 if we reckon only the "true" or "contributed"
revenue of L10,032,000. On the other hand, the principle, as
distinguished from the metho