Page:Statesman's Year-Book 1921.djvu/906

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FRANCE

2. Floating Debt.

Treasury Bills deposited in English Treasury

Treasury Bills deposited in Bank of England

Treasury Bills sold in England

Treasury Bills sold in U.S.A..

Treasury Bills sold in Japan

Total Treasury Bills.

3. Bank Credits.

Spain

Sweden

Norway

Argentina

Switzerland

Holland

England

Uruguay

Total of Bank Credits Total Floating Debt. Total Foreign Debt.

520,440,0001.

65,000,0001. 1,240,000/. 25,932,000 dollars 30,000,000 yen

575,000,000 pesetas 50,000,000 kroner 46,400.000 „ 66,000,000 pesos

137,000,000 francs 55,000,000 florins 13,985,000/. 15,000,000 piastres

Amount 1,000,000 franc?

26,308 8,883

62

300 217

30,232

1,190 143 99 349 313 251 706 181

3,244

33,476

Annual Interest 1.000,000 francs

262-8

3-7

21-0

13-0

6:(2 11-4

79 17-8 21-5 125 40-0

90

184-6

The total annual debt charge on January 1, 1920, was 9, 442 million francs.

France has advanced to the Allied Governments (up to September 30, 1920) a total of 8,873 million francs, of which the principal items are as follows (in millions of francs) : — Belgium, 2,286 ; Serbia, 70(5 ; Poland, 431 ; Czecho-Slovakia, 100 ; Russia, 4,210 ; Greece, 376.

The public fortune of France was estimated in 1912 (latest available date) to amount to 304,517 million francs.

II. Local Finance.

For 1915 the revenue of the departments of France, excluding a balance of 131,018,505 francs from 1914, amounted to 551,313,501 francs (22,052,540/.), and the expenditure to 515,209,966 francs (20,608,398/.). The departmental debt stood at 1,157,952,504 francs (46,318,100/.).

For the year 1921, the revenue of the City of Paris was estimated at 1,003,494,949 francs, and the expenditure at 986,394,949 francs.

Defence.

I. Land Dkkknces.

France has a coast line of 1,760 miles, 1,304 on the Atlantic and 456 on the Mediterranean. Its land frontier extends over 1,665 miles, of which 1,246 miles are along the Belgian, German, Swiss, and Italian frontiers, and 419 along the Spanish frontier.

The permanent land defences of France now include the former German fortresses of Strassburg, Metz and Thionvilh, tho former being in Alsace