840 



REPORT 1884. 





Millions sterling 



Great Britain 

 France . 

 Russia . 

 Austria 

 Germany- 

 Italy . 

 Spain . 

 Portugal 

 Belgium 

 Holland 

 Denmark 

 Sweden and Nor- 

 way 



Debt 

 charge 



29 



39 



20 



24 



13 



17 



9 



3 



3 



3 



3 



1 



Annual 

 earnings 



Days of 



earnings 



to cover 



debt 



charge 



1,247 

 965 

 760 

 602 

 850 

 292 

 188 

 48 

 120 

 104 

 47 

 104 



8 

 15 

 10 

 15 



6 

 20 

 18 

 21 



9 



10 

 21 



3 



Millions sterling 



Greece . 

 Turkey . 



Europe . . 

 United States 

 Canada . . 

 Spanish America 

 Australia , . 

 India . . . 

 Japan . • . 

 Egypt . . . 

 South Africa . 



The World 



Debt 

 charge 



1 

 5 



170 



12 



2 



10 

 5 

 7 

 4 

 5 

 1 



Annual 

 earnings 



23 



105 



5,455 



1,420 



118 



390 



133 



440 



290 



45 



22 



Days of 

 earnings 

 to cover 



debt 

 charge 



15 



17 



11 

 3 

 6 

 9 



14 

 

 5 



40 



16 



216 



8,313 



The burthen of annual charge for the continent of Europe is 141 millions, 

 which is equal to twelve days' earnings, against eight in the United Kingdom ; 

 therefore the debts of the Continent are relatively 50 per cent, heavier than in 

 Great Britain. On the other hand, the United States require only three days' 

 earnings for service of their debt, whereas in Australia the relative burthen is 

 double what it is in Great Britain. 



The relative magnitude of debt appears in comparing it with wealth as in the 

 following table : — 



National debts are likely to go on increasing fully 100 millions a year, hut 



