Page:Statesman's Year-Book 1871.djvu/84

48 {| style="text-align:right" ! align=center| Sources of Revenue !! Rigsdaler ! colspan=2 align=left| Skilling ! align=center| Branches of Expenditure !! Rigsdaler ! colspan=2 align=left| Skilling
 * align=left| Direct taxes
 * 3,957,304 ||   0
 * align=left| Income tax
 * 1,000,000 || 0
 * align=left| Customs and Excise
 * 7,852,614 || 46
 * align=left| Crown lands
 * 657,909 || 58
 * align=left| Indirect taxes
 * 1,781,500 || 0
 * align=left| Post Office and Telegraphs
 * 158,849 || 28
 * align=left| Lottery
 * 165,174 || 0
 * align=left| Interest on Reserve Fund
 * 2,312,819 || 35
 * align=left| Contribution from capital of ditto
 * 4,746,169 || 11
 * align=left| Miscellaneous receipts
 * 314,456 || 57
 * align=center| Total
 * 22,987,136 || 43 || or £ 2,554,126
 * align=left| Interest on Reserve Fund
 * 2,312,819 || 35
 * align=left| Contribution from capital of ditto
 * 4,746,169 || 11
 * align=left| Miscellaneous receipts
 * 314,456 || 57
 * align=center| Total
 * 22,987,136 || 43 || or £ 2,554,126
 * align=center| Total
 * 22,987,136 || 43 || or £ 2,554,126
 * 22,987,136 || 43 || or £ 2,554,126
 * align=left| Civil List of the King and Royal family
 * 707,924 || 0
 * align=left| Interest of National Debt.
 * 7,355,707 || 45
 * align=left| Pensions
 * 1,958,543 || 35
 * align=left| Army
 * 4,194,291 || 82
 * align=left| Navy
 * 1,880,652 || 44
 * align=left| Civil Service
 * 2,883,348 || 64
 * align=left| Legislature
 * 100,000 || 0
 * align=left| Railroads
 * 2,825,000 || 64
 * align=left| Extraordinary expenses
 * 897,200 || 31
 * align=center| Total
 * 22,802,668 || 13 || or £ 2,533,630
 * }
 * align=left| Railroads
 * 2,825,000 || 64
 * align=left| Extraordinary expenses
 * 897,200 || 31
 * align=center| Total
 * 22,802,668 || 13 || or £ 2,533,630
 * }
 * align=center| Total
 * 22,802,668 || 13 || or £ 2,533,630
 * }

According to these estimates, there will be a surplus, in the financial year 1869–70, of 184,468 rixdollars, or 20,496 £.

An important feature in the administration of the finances of the kingdom is the maintenance of a Reserve Fund of a very large amount. On the 31st of March, 1869, the Fund stood at 6,500,000 £., or considerably more than the national revenue for two years. It is contemplated gradually to reduce the Reserve Fund, in the years 1869–77, to 16,000,000 rigsdaler, or 1,780,000 £.

The public debt of Denmark, incurred in part by large annual deficits in former years, before the establishment of parliamentary government, and in part by railway undertakings, amounted to 119,141,086 rigsdaler, or 13,239,872 £., on March 31, 1869. It has been in course of reduction since 1866, as shown in the following table, which gives the national liabilities at five different periods:—