21 



The foreseen ordinary and extraordinary expenditure 

 is the following: 



Ordinary. Extraordinary. 



Escudos. Escudos. 



Public Debt ... 216,137,836 ... 



Gen. Expenditure 5,195,741 ... 



Finance Office ... 18,557,819 ... 61,804,329 



Home Office ... 29,118,773 ... 34,724,398 



Justice Office ... 3,027,912 ... 8,035,000 



War Office ... 80,545,715 ... 58,741,500 



Navy Office ... 31,869,892 ... 35,775,684 



Foreign Office ... 22,595,515 ... 5,059,400 

 Commerce Office & 



Communications 20,113,034 ... 21,476,501 



Colonial Office ... 3,089,798 ... 7,927,533 



Education Office... 17,106,958 ... 72,633,500 



Works Office ... 1,888,265 ... 32,222,879 



Agriculture Office 3,722,644 ... 22,045,240 



Total ... 452,969,908 ... 360,445,964 



The increase shown in the ordinary expenditure is 

 about 100,000,000 and in the extraordinary about 125,000,000 

 escudos. 



The charges of the debt show an increase of *44,956,123 

 escudos, owing to the rate of exchange. 



The Army absorbs 21,618,895 escudos more in the 

 ordinary budget and 30,172,500 escudos more in the extra- 

 ordinary. The strength has not been reduced. The Navy 

 shares an increase of 8,550,176 escudos in the ordinary 

 estimates and of 21,717,206 escudos in the extraordinary. 

 Its strength has not been reduced. 



The military budgets total 206,932,791 escudos, or 25 per 

 cent, of the ordinary and extraordinary budgets totalling 

 813,415,872 escudos. 



There are other military expenditures included in the 

 Home Office (Republic Guard), in the Finance Office (Custom 

 House Police), and in the Colonial Office. 



According to the budget for 1923-4 the public debt totals 

 2,509,950,810 escudos (nominal value) and bears interest 

 amounting to 55,432,045 escudos and a sinking fund of 

 4,016,704 escudos. 



The total external debt is 216,366,330 escudos. 



In addition to this there is the floating debt, the debt to 

 the Bank of Portugal, the debt to the Caixa Geral dos 

 Depositos, the War Debt to Great Britain. 



