GERMANY. 



899 



The public debt of the Confederation con- 

 sists of a loan of 10,000,000 thalers, authorized 

 by law of November 9, 1867, for army and 

 marine purposes; besides, the concession for a 

 loan of 100,000,000 thalers was given by a law 

 of July 20, 1870, to cover the expenses incurred 

 by the mobilization of the army. This loan 

 was subscribed to at the rate of 88, and bears 

 interest at 5 per cent, per annum. 



The paper emission of the various states of 

 the Confederation amounts to 40,652,742 tha- 

 lers, as follows : 



Thaler*. 



Prussia 19,249,584 



Lauenburg 40,865 



Saxony.. 1,954,203 



Hesse 207,685 



Mecklenburg-Schwerin 4C2.079 



Base- Weimar 146,892 



Mecklenburg-Strelitz 81 ,742 



Oldenburg 201,102 



Brunswick. 



Saxe-Meiuingen 



Saxe-Altenburer 



Saxe-Coburg-Gotha 



Anbalt 



Sclnvarzbnrg-Rudol&tadt 



Schwarzburg-Sondershausen . 



Waldeck 



Bcnss, older line 



" younger line 



Scbaumburg-Lippe. 



Lippe 



Lfibeck 



Bremen . 



896,400 



90,064 

 73,273 

 6,203 

 90,918 

 87.594 

 33.534 

 29.452 

 19,859 

 43.711 

 15,939 



21,720 



72.008 



Hamburg 199,361 



Total 23,360,038 



EXPENDITURES. 



The following is a condensed statement of 

 the budget for the year 1871, as established by 

 the law of June 11, 1870 : 



REVENUE. Tfc.,.,.. 



1. Dntles find excise of consumption ........... 48,574.500 



2. Stamp duty .................................. 896,000 



3. Administration of postal service (net revenue), 2,400,715 



4. " telegraphs (net revenue)... 69,822 



5. Various ...................................... 184,288 



0. State contributions .......................... 23,360,038 



Total 





The repartition of theseparate contributions 

 was made as follows : 

 VOL. i. 24 A 



The army budget is calculated for the main* 

 tenance of the regular army on a peace-foot- 

 ing. The minor states being exempt from 

 contributions to the requisite fund, the above 



