46 



RUSSIA - CREbIT 



Tabi,E XXX. — New Position of Purchasers of the Bank's Lands. 



Area belonging to the peasants after their purchases of the bank's lands 



less less less less less less more 



Year than 1.5 than 3 than 6 than 9 than 15 than 25 than 25 



deciatines deciatines deciatines deciatines deciatines deciatines deciatines 



It follows from this table that the percentage of the buyers whose eco- 

 noroic position brings them near the true rural middle class increases pro- 

 gressively. We cannot but recognize that the bank has succeeded in form- 

 ing this new class of society, on which the government thought it could count 

 as on the support of order and of the preservation of existing conditions. 



The same deduction can be made from the table which gives the total 

 area belonging to peasants after they had, by means of the bank's support, 

 bought lands belonging to individuals. The percentage and number of 

 peasants who thus become members of the rural middle class increases pro- 

 gressively, although the percentage is slightly less than that of the peasants 

 who have reached this position by buying lands from the bank directly. 



Table XXXI. - New Position of Purchasers of Lands belonging 



to Individuals. 



Area belonging to peasants after their purchases of lands from individuals 



less less less less less less more 



Year than 1.5 than 3 than 6 than 9 than 15 than 25 than 25 



deciatines deciatines deciatines deciatines deciatines deciatines deciatines 



0/ 0/ 0/ 0/ o, 0/ 0/ 



/o /o /o /o /o /o /o 



1909 

 I9TO 

 I9II 

 191 2 



1913 

 I914 



I915 



§ II. Position of mortgage debts and their amortization. 



The total mortgage debt on i January 1915 was 1,386,452,474 

 roubles and was secured by 408,000 mortgages. On I January igi6 

 it was 1,398,224,506 roubles, secured by 525,950 mortgages. 



