FINANCE

Finance.^

603

Revenue

Years

1907 1908 1909 1910 1911 1912

Dollars Gold

64,527,983 68,197,676 74,165,574 85,842,460

89,281,681

Dollars Paper

97,153,870 99,237,264 116,607,826 109,914,147 310,594,460 128,751,718

Ordinary Expenditure

Dollars Gold

Dollars Paper

Extraordinary Expenditure

25,521,412 2.0,569,879 25,907,778 28,203,295 27,490.968 29,909^343

186,107,1072

175,132,993

199,779,238

202,939,698

260,860,189

248,764,942

Dollars Gold

1,837,773 44,326,345

41,021,827

Dollars Paper

29,364,000 47,783,6S4

1 Gold dollar = 4«. ; paper dollar = Is. 9;\<7., under conversion law. " Excluding exti'aordinary expenditure.

The national budget of Argentina for 1913 is fixed at 348,572,812 dollars paper (30,430,999Z). The expenditure is distributed as follows :—

Expenditure

Dollars Paper

Congress Interior , Foreign Affairs Treasury .

PnVilin l">aV>f

5,178,580 45,466,287

5,028,308 21,073,964 79,446,194 49,800,000 29,123,262 26,358,076 15,700,597

8,754,360

10,300,000

Justice and Education

Army

Navy ...

Agriculture .

Public Works .

Pensions, &c. .

Military purchases .

Total

308,741,629

Extraordinary income is estimated at 76,849,913 pesos paper (6,709,317/). The national debt for the last 3 years was ns follows : —

Foreign

Dollars gold.

311,513,829 308,554,074 303,719,787

Internal

1909 1910 1911

Dollars gold

87,483,900

92,536,900

161,367,600

Dollars paper.

115,245,300 121,534,230 139,665,940

The total service of the national debi for 1911 is 6,654,50H. sterling.

The total of provincial and municipal debts was (1911) 48,854,185/, Tho total debt of the nation (internal, external, and floating) was

109,282,923^. This works out at 17Z. IO5, 1^^. per head of the population.