Page:Statesman's Year-Book 1871.djvu/533

 REVENUE AND EXPENDITURE.

497

Branches of Expenditure.

Ministry of the Interior ,, justice

foreign affairs- war

marine. finance.

agriculture, commerce, and public works Total

£

500,735

341,323

74,842

859.059

1,398,582

4,023,488

1,160,521

8,358,550

Old charges of the colonial times, the war of independence and with Uruguay, payments of indemnities to foreign nations, loans for public improvements, and loans to fill up deficits, have laid the foundation of a national debt, largely increased in recent years on account of the considerable expenditure of the Paraguayan war.

The funded debt of Brazil is divided into an external and internal, and was made up as follows on the 31st December 18G9 :

Foreign Debt

Original Capital

Outstanding Capital

Loan of 1852, due in 1882

1858, „ 1888

1859, „ 1879

1860, „ 1890 1863, „ 1893 1865, „ 1902

Total foreign debt Total foreign debt outstanding 31st December 1869

& 1,040,600 1,526,500 508,000 1,373,000 3,855,300 6,963,600

&

727,000

954,700

361,800

1,014,800

3,264,800

6,741,200

15,267,000

13,064,300

Internal Debt.

6% stock 5% „ 4% „ Loan of 1!

Total internal debt

15,900,650

195,040

11,960

3,000,000

19,107,650

The stock of the internal funded debt was held as follows in 1869: —

Countries

6 per cent.

5 per cent.

4 per cent.

Brazil. .... Great Britain .... Other countries .... Charitable establishments (Brazil) Unknown .....

12,529,510

482,080

374,220

2,514,840

59,220 5,780 24,260 39,040 66,740

380 11,580