Page:Statesman's Year-Book 1921.djvu/977

 FINANCE

9*25

Under an Imperial law of 1S33 ami amending Acts (codified in tlie Rcichsver- sicheru; g '-)> of July 19, 1911), workinea musi be insured against

sickness, an. ■ es pay two-thirds of the contributions, their

emi'loyers pai for accident insurance, under an Act of 1884 and

amending Ac- lbutions are paid entirely by the employers, and they, for

mutual protection, hare unite- i into associations according to the nature of the industries in which they are et:_ .< of these insurance associations is controlled by

Government. For ii, r e insurances, under an Act of 1SS9, amended in

1899, the contributions are paid half by the workmen and half by their employers, while towards each pension the Government grants an annual subsidy of 50 shillings. The em- are responsible bo'.h for their own and the workmen's contributions, but the latter may be deducted from wages paid subsequently.

Contributions are paid by the purchase of -tamps from the Poet Office ; these are affixed bv the contributing person to cards on which there are spaces for stamps for 52 weeks. When the contributions are complete, the card is handed in to a specified office and a certiflcate given in return.

For the year 1914 the average of those insured against sickness was 16,525,667. Of this total 15,609,536 (9,842,218 men and 5,767,368 women) were insured in ordinary societies, and 916,081 (901,318 men and 14,763 women) in Knappschafttn or so ieties for miners. In 1917 there were 139 Knapj-.-haftcn with S75,878 members. In 1917. 23,200,000 persons were insured against accident (14,499,000 men and 8,701 women) in 68 in- dustrial societies and 9 agricultural societies, and 571 State or municipal orgauisatious ; ani 17,253,400 against invalidity (11,961,300 men and 5,292,100 women) in 41 organisations.

Finance.

The following tables exhibit the budget estimates of the revenue and expenditure (in pounds sterling) for five years, ending March 31 (20 marks = 1Z. ) : —

Revenue

Expenditure

Years

ending „ ,. „ Extraord. March Ordinary (]o4nB Ac)

81

Total

1916-17 1917-18 1918-191

1919-201

£ £ £

153,1" 1,140,770,330

1,30' .740,

306. 790,4

3,152,184,80

Extraord.

Total

1920--

£ £ £

20O.3-.-- I,438,y75,£00

-\663,067,3y0 -.402,938,380 152,184,805

7,8X8,405 2,675,063,507

mate. The budget estimates for 1920—21 gives the principal items of ordinary revenue and expenditure as follows : —

Revenue

1,000

marks

Expenditure

1,000 marks

Direct taxes.

Debt

12,698,316

Taxes levied once.

\00u

Pensions

3,967,548

Customs and taxes on

Con-

Ministry of Foreign Attain

tion

, '.',147,000 '

,, .. Interior.

1 43

Taxes on coal, salt.

.. Labour.

•084

Umber

, ,.,'IJ .; l

...v.

Monopoly of alcohol

•

013,530

Total i including »H '

Total (::.c~. A □„■ a*l

The extraordinary budget provides for a revenue of 2,287,769,024 marks and an expenditure of 52,579,319,139 marks.