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GERMANY — BAYAMA.
It will be seen that there was in the financial year 1865-66 a deficit of 7,218,028 florins, or 601,502/., which was to be provided for from the proceeds of the. loan of June 24, 1866.
The financial estimates for 1866-67 and 1867-68 provided for a revenue of 72,000,000 florins, or about 6 millions sterling, while the estimates for 1868-69 — drawn up on a different plan, so as to give the net, instead of the gross receipts and disbursements — set down the revenue as 58,508,588 florins, or 4,875,715/. In the budget of 1868-69, as in that of preceding years, the estimates of expenditure were made out to be covered exactly by the receipts.
Bavaria has a considerable debt, created in part by the deficits of former years, and in part by the construction of public works, espe- cially railways.
The subjoined table gives the total amount of the debt of the kingdom, distinguishing the Ordinary and the Railway Debt, the accounts of which are kept separate, from 1853 to 1867, on the 1st of January of each year : —
Years
Ordinary Debt
Railway Debt
Total
Florins
Florins
Florins
£
1853
131,418,158
53,743,000
185,161,558
15,430,130
1854
129,386,602
66,703,700
196,090,302
16,340.858
1855
134.045,964
72,369,700
206,415,664
17,201,305
1858
122,839,495
88,643,834
211,483,529
17,623,629
1859
123,280,680
90,913,134
316,493,364
26,374,447
1862
136,293,375
104,735,559
342,903,514
28,575,292
1867
209,874,601
146,156,600
356,031,201
29,669,267
The greater number of the railways in Bavaria, constructed at a cost of 146 million florins, are the property of the State. The net revenue derived from them in the year 1866 amounted to 5,909,501 florins, or 492,458/.
Army and Population.
The armed force of the kingdom comprised, previous to the treaties of November 1870, which brought them, subject to certain stipulations (see p. 99), under the general military organisation of the Empire, the permanent army, the army of reserve, and the Landwehr, or militia. All men, from the age of 21, are liable to serve, but the sons of the nobility and of superior employes in the service of the State have the privilege of entering the military school of cadets. The period of service, according to the law of' army- reorganisation passed Jan. 30, 1868, is eleven years, of which three have to be spent in the permanent army, three in the army of reserve, and five in the Landwehr.
