788
MEXICO
Revenue
Expenditure
Dollars
Dollars
Import & export duties
24,192,000
Legislative power
1,019,243
Internal taxes in the
Executive ,, •
82,469
States .
22,411,000
Judicial ,,
449,451
Internal taxes in the
Foreign Affairs .
553,804
Federal district and
Home Department
3,904,061
Territories
2,931,000
Justice and Education .
2,446,110
Public services, &c. .
3,907,000
Agriculture, &c. .
818,426
Assay, coining, patents
1,472,000
Public Works
6,162,078
Finance
6,265,717
Public debt & pensions
21,021,042
War and Marine .
12,164,355
54,913,000
54,886,756
The external gold debt of Mexico at the beginning of 1898 amounted to 21,655,300^., mostly at 6 per cent. The outstanding 6 per cent, .silver currency bonds amounted to 186,000 dollars. The internal debt consists of the 3 per cent, consolidated debt amounting in June, 1897, to 51,175,200 dollars, and the 5 per cent, redeemable internal debt (first and second issues) amounting at the end of 1897, to 35,781,400 dollars. The bonds of the latter debt were issued to provide the means for subsidising railway and port works, and for the conversion of other railway and port bonds. The floating debt on June 30, 1897, amounted to 1,473,696 dollars.
The fiscal value of property' in Mexico in 1896 is given as follows : — Urban, 297,209,493 dollars; rural, 334,477,883 dollars; total, 631,687,376 dollars ; the fiscal value being taken as one-third less than the actual value.
Local Finance.
The revenue and expenditure of the State Governments and of the municipalities (including the Federal District) of Mexico for four years are given as follows : —
1 Years
1
States
Municipalities
Revenue
Expenditure
Revenue
Expenditure
1893 1894 ]895 1896
Dollars 18,962,990 16,824,750 17,542,573 14,971,057
Dollars 18,301,276 17,214,187 16,573,018 14,472,906
Dollars 13,284,662 14,345,024 11,406,612 11,779,976
Dollars 12,969,218 14,048,436 11,113,898 11,670,784
Defence.
The army consists (1897) of infantry, 22,605; cavalry, 7,249 ; artillery and train, 2,289; total, 32,143, including 2,068 officers. Included in the cavalry are 118 gendarmes, and 261 rural guards. The total fighting strength, including reserves, is stated to be 123,500 inftmtry, 20,000 dragoons, and 8,000 artillery. Every Mexican capable of carrying arms is liable for military service from his twentieth to his fiftieth year. There is a fieet of 2 despatch vessels (launched 1875) and 2 unarmoured gun-vessels (launched 1874), each of 425 tons and 425 horse-power, and severally armed with a 4-ton muzzle-
