THE ACTIVITY OF THE STATE IvAND BANK FOR THE NOBIUTY 



57 



middle class and the peasants, who everj' year become possessed at their 

 expense of a larger share of the soil. " 



On I January 1915 the total sum of arrears due to the bank by borrow- 

 ers was 26,024,192 roubles. During 1915 the bank should have received 

 as current mortgage revenue 43,167,391 roubles, plus 729,218 roubles in 

 special revenues, or a total sum of 43,896,610 roubles. It recovered how- 

 ever only 39,131,810 roubles. At the end of 1915 the total sum of ar- 

 rears was 31,082,105 roubles. This very large sum is the best index to the 

 crisis of which we have already spoken. 



Besides the sum of debts contracted on mortgages, which was 

 853,973,206 roubles, and that of arrears which was 31,082,155 roubles, bor- 

 rowers were also indebted to the bank on 31 December 1915 for 133,193 

 roubles not bearing interest, 1,167,525 roubles which constituted special 

 debts, and 1,563,627 roubles of deferred interest. Moreover by the law of 

 26 April 1906 the Bank of the Agriculturists was the debtor of the Bank 

 of the Nobility to the extent of 166,437,668 roubles. 



The total number of mortgaged properties, the sale of which by public 

 auction was decreed in 1915 because legal charges had not been paid for 

 more than a year, was 7,364 or 26 per cent. 



The following table gives a more exact idea of the number of proper- 

 ties of which the sale by public auction was decreed : 



Table XI. — Properties of which the Sale by Public Auction was decreed 



from 1901 to 1915. 



Payment not made 

 May On i November 



1 901 , 



1902 , 



1903 . 



1904 . 



1905 . 



1906 . 



1907 . 



1908 . 



1909 . 



1910 . 



1911 . 



1912 . 



1913 • 



1914 . 



1915 • 



Number 



of properties 



of which 



the sale 



by auction 



was decreed 



2,284 

 2,401 

 2,680 

 2,632 



2.975 

 3,815 



4.359 



4.359 

 4,072 



3.486 

 2,611 



2,576 

 2,625 

 3,080 

 2,521 



Number 



of properties 



to be sold 



by auction 



in relation 



to total 



number 



of mortgaged 



properties 



/o 



II 



II 



12 



II 



12 



15 



17 



17 

 16 



14 

 10 

 10 

 10 



II 



12 



Number 



of properties 



of which 



the sale 



by auction 



was decreed 



2.598 



2,533 



2,515 

 2.983 



2.999 

 4,226 



4.309 

 4.141 

 3.739 

 3.057 

 2,516 

 2,710 

 2,827 

 2,736 

 3,843 



Number 



of properties 



to be sold 



by auction 



in relation 



to total 



number 



of mortgaged 



properties 



% 



13 

 12 

 II 



13 

 12 



17 

 17 

 16 



15 

 12 

 10 

 10 

 10 

 10 

 14 



In whole 

 year 



Properties 



of which 



tlie sale 



by auction 



was decreed 



0/ 

 /o 



24 

 23 

 23 



24 

 24 

 32 



34 

 33 

 31 

 26 

 20 

 20 

 20 

 21 

 26 



