40 RUSSIA - CREDIT 



This brings us to the examination of the bank's activity as applied to 

 the liquidation of its lands. 



Operations of this kind in 1915 were of the smallest importance. The 

 war and the change in economic life consequent on the war could not in- 

 fluence their course. In 1914 a diminution of sales had been noticed. In 

 1915 it was even more marked, sales of this kind ceasing altogether in 

 districts which were or are within the theatre of military operations. 



In the first place the undertakings preliminary to this liquidation di- 

 minished. 106,823 deciatimes were di\nded into lots in 1915 as against 

 206,629 in 1914 and 210,475 in 1913. 



The great work of preparing the land for sale, the redistribution of the 

 lots of one tenant or unification of the parcels forming houtors, the provision 

 of a sufficient water-supply and the arrangement or construction of roads, 

 are all included in the following table ; 



/ 



Table \''III. — Operations Preparatory to the Sale of Lands. 



Area to which Area engrossed 



approved plans by works 



for liquidation of 



Yf.ar are applied preparation 



— deciatines decia tines 



1907 795,168 740,831 



1908 1,539,820 1.184,375 



1909 1,083,730 1,281,071 



I9IO .......... 563,422 564,880 



I9II 361,495 352,543 



.1912 264,182 260,265 



I9I3 274,458 210,475 



I9I4 221,930 206,649 



I9I5 116,092 106,823 



Total . . . 5,220,297 4,748,339 



As appears from this table 73.7 per cert, of the total area belonging 

 to the bank and 95 per cent, of the area for which plans for rearrangement 

 were approved up to i January 1916, have been completely arranged for 

 sale. 



This area should be reduced by 255,702 deciatines, for which the rele- 

 vant plans have been changed. Therefore during nine ^^ears plans have 

 been approved for the arrangement of 4,964,595 deciatines or 77 per cent, 

 of the whole area belonging to the bank. 



Side by side with these works others were undertaken, works of 

 improvement and irrigation. 



