Page:Statesman's Year-Book 1899 American Edition.djvu/1371

 FINANCE

1015

The ordinary rcvcnuo and expenditure in five financial years have been as follows : —

Financial Years

Revenue

Expenditure

Pesetas

Pesetas

1892-93

707,398,172

782,130,858

1893-94

749,563,003

763,219,972

1894-95

754,993,033

780,242,373

1895-96

766,022,872

803,448,751

1896-97

822,411,446

808,955,658

The probable revenue for 1897-98 amounts to 806,258,027 pesetas, and expenditure to 855,678,622 pesetas. The following are the estimates fop 1898-99 :—

Revenue

Expenditure

Pesetas

Pesetas

Direct taxes on land.

Civil list.

9,250,000

trade, mines. Govern-

Cortes

1,638,085

ment salaries, regis-

Public debt

399,236,678

tration, &c. .

297,360,810

Judicial expenditure.

1,614,651

Indirect taxes, cus-

Indemnities and pen-

toms, excise, &c.

305,273,000

sions

61,749,730

Tobacco monopoly.

Council of Ministers.

980,883

lottery, mint, and

Ministry of Foreign

minor sundries

132,696,024

Affairs.

4,935,919

Revenue from national

,, ,, Justice

54,748,649

property.

24,787,056

,, War.

145,929,521

From the public trea-

,, ,, Marine

25,190,539

sury

105,700,000

,, ,, Interior ,

28,381,198

,, ,, Pub. "Works, 1

&c.

80,728,570 :

,, ,, Finance.

18,659,467

.

Tax collecting.

34,560,528

Fernando Po

875,000

Tntnl

fifiT 816 890

Total.

868,479,417 j

A law of May 17, 1898, provides for an extraordinary expenditure of 209,423,917 pesetas by extraordinary credits as follows : Tobacco Company's advance, 31,070,232 pesetas ; loan on guarantee of Almaden mines, 90,000,000 pesetas ; from tax on traffic, 88,353,685 pesetas. These operations are to be sjiread over the six years ending in 1904.

In 1897 the public debt of Si)ain was ai)iiroxiiiiately as follows : — Con- solidated debt, 183,967,O0OZ. ; redeemable, 66,225,000/. ; treasury debt (including 18,280,000/. floating debt), 32,854,000/. ; total, 283,046,000/. The external 'debt in 1898 stood as follow>; :— Quicksilver loan, 348,400/,;