152
GERMANY BADEN.
20,364,416 florins, or 1,697,035/. The actual revenue for the year ending Dec. 31, 1868, was 22,824,371 florins, or 1,902,031/., and the actual expenditure 22,834,371 florins, or 1,902,864/. Nearly one-half of the revenue is derived from direct taxation, a fourth from the produce of crown lands, forests, and mines, and the rest from customs and miscellaneous sources. Bather more than one-third of the expenditure is set down under the head of ' General cost of administration,' and one-fifth is assigned to the department of the minister of Avar.
All the railways of Baden are the property of the State, giving a dividend, on the capital expended, of above 6 per cent. The accounts of the income and expenditure of the State railways, as well as of the Post-office and steam navigation on the Lake of Constance, are not entered in the general budget, but form a special fund. The receipts and expenditure of this fund, in each of the years 1866 and 1867, were as follows : —
Receipts
Post-office ......
Railway ......
Baden share in receipts of Main-Neckar
Railway and Telegraph Steam navigation on Lake of Constance .
Total
1866
Florins
1.785,006
13,696,029
115,147 141,487
15,747,669
1867
Florins
1,785,006
14,790,224
122,381 141,487
16,839,098
Expenditure
1866
1867
Post-office ......
Railway, ordinary .....
,, extraordinary ....
Steam navigation .....
Total expenses
Florins
1,520.543
10.193,703
185.936
131,805
Florins 1,544,099 10,910,730 ; 185,936 131,805 ' |
12,031,987
12,772,570 j
The public debt is, like the budget, divided into two parts, the first called the General debt, and the second the Railway debt. The General debt amounted, at the commencement of 1868, to 32,285,000 florins, or 2,690,416/.
The chargefor interest on the railway debt amounted to 2,975,3.65 florins, or 247,947/., in the year 1867.
