I02 



RUSSIA - AGRICULTURAL ECONOMY IN GENERAL 



Most colonists have received credit from the co-operative funds and 

 savings banks and only few loans from individuals. On i July 19x2 Tak- 

 kula and Niptili colonies were most indebted to banks, their debts of this 

 description averaging 130, increased from 57 Finnish marks, for a lot. The 

 increase of indebtedness to banks in Nippuli is to be ascribed to the fact that 

 nine colonists became burdened with a debt of 4,000 Finnish marks as a 

 result of fraudulent discounting, and implicated their property in conse- 

 quence. 



Loans from private persons are very considerable in the colonies of 

 Muddais (average yearly increase of 117 Finnish marks a lot), Seppala 

 (of 78 Finnish marks), Takkula (of 43 Finnish marks) and Nipuli (of 

 39 Finnish marks). 



3. Current debts. The author reckons among these debts such as have a 

 more accidental character and do not bear interest. Such is the credit 

 which the country tradespeople afford for goods ordered by the colonists. 

 These debts were relatively very great in Nipuli colony where their annual 

 increase averaged 2S6 Finnish marks a lot. The average annual increase 

 in current debts among all the lots investigated was 30 Finnish marks per 

 lot or 2.80 Finnish marks per hectare of cultivated land. 



3. Debts incurred to the forests. Since it was the aim of the whole en- 

 quiry to discover the action on agriculture only of such capital as was in- 



