Page:Statesman's Year-Book 1899 American Edition.djvu/1287

 FINANCE

931

The State's debt liaving undergone during the year 1894 considerable modifications, which, among others, render it impossible to treat the Re- demption of Land Loans separately, the Ministry of Finances has adopted the following new classification of State debts : —

Debts

Jan. 1, 1897

Jan. 1, 1898

Loans

Gold 1 Imperial=10r.

Paper

Gold 1 Imperial=10r.

Paper

per cent.

3.

3-79.

4.

4i.

5 . Others.

Roubles 333,895,250 99,659,375

1,509,501,908

110,397,500

11,558,600

Roubles 78,000,000

137,331,000 136,553,044 248,560,000 155,400,000 37,057,153

Roubles 332,830,375 99,421,875

1,501,787,625

109,707,500

26,517,860

Roubles 78,000,000

104,331,000 113,120,874 248,180,000 152,060,000 35,712,565

2,065,012,633

792,901,197

2,070,265,235

731,404,459

per cent. Bonds :

3.

4.

5.

6 . Others.

14,976,266 48,837,200

2,024,368,274 42,157,538 38,490,119 22,938,531

14,503,392 48,837,200

2,131,487,389 42,157,538 38,488,362 22,934,404

Paper currency uncovered.

63,813,466

2,127,954,463 621,281,634

63,340,592

2,410,067,693 175,000,000

Grand total

in paper ronbles=i'j of Imperial.

2,128,826,100

3,542,137,294 = 6,735,376,443

2,133,605,827

3,141,472,152 = 6,341,880,893

The excess of 15,109,836 roubles gold and 107,244,169 paper roubles is due : (1) to the acceptance by the State of railway debts (15,109,836 gold) ; and (2) to inner 4 per cent, bonds (80,000,000) ; while the diminution is due to : (1) 446,281,634 roubles by which the paper currency has been covered ; and (2) various small items.

During the ten years 1887-97, the movement of the State's debt was as follows : —

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