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/,;
