This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ...remains to give some particulars of Belgium's national debt. The first loan was raised in 1832 at 5 per cent., and the following table shows its 1,422,814,049 1,998,043,774 a,65o,898, r5r 3,436,9r7,85o In addition to this consolidated debt the State issues as occasion requires Treasury Bonds. This ...
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ...remains to give some particulars of Belgium's national debt. The first loan was raised in 1832 at 5 per cent., and the following table shows its 1,422,814,049 1,998,043,774 a,65o,898, r5r 3,436,9r7,85o In addition to this consolidated debt the State issues as occasion requires Treasury Bonds. This floating debt amounted in 1908 to 169,510,000 francs. With the exception of one old loan, bearing only 2 per cent. interest, the debt is at the unifonn rate of 3 per cent. The total indebtedness of Belgium in 1908, therefore, was 3,606,427,850 or 144,257,114. This would have seemed an incredible burden to the Belgians of 1830 or even 1860. The service of the debt, interest and sinking fund, required 166,883,308 francs or 6,675,332 in 1907. The main asset against the debt apart from the interests of the State is the Railways, which showed a profit to the Government of forty million francs or 1,600,000 in 1907. The price of Belgian Consols in 1908 ranged from 9225 to 96 per cent., averaging 94. The 2% per cent. averaged 8020. Before the Socialist troubles in 1892 Belgian Consols averaged 101 or 102. In addition to the State debt there is that of the Provinces and Communes. In 1908 this amounted to an existing total of 36,807,723 francs, but between 1830 and cI'; $t';"a1 1880 the Communes had borrowed 581,414,670 ' francs ( 23,256, l87). As the loans are for short periods and are frequently amortised the provincial debt is in a continuous state of flux and change. A large part of the_debt went in the construction of schools after the new Education Act placed their control in the hands of the Communes. RAILWAYS AND MINES BELGIUM vQs_m.td a system of railway construction under the auspices of Government....
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Add this copy of Belgium of the Belgians to cart. $19.00, like new condition, Sold by Common Crow Books rated 5.0 out of 5 stars, ships from Pittsburgh, PA, UNITED STATES, published 2006 by Adamant Media Corporation/Elibron Classics.
Publisher:
Adamant Media Corporation/Elibron Classics
Published:
2006
Language:
English
Alibris ID:
17161618026
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Seller's Description:
Fine. Facsimile reprint in printed paper wrap, octavo, 274pp., illustrated in b&w. Book has hint of shelfwear to wrap, binding tight, text clean bright and unmarked. No DJ.