522
CHILI.
Sources of Eevenue
Branches of Expenditure
Dollars
Dollars
Customs
4.040,787
Ministry of the interior
1,149.669
State monopolies
1,110,648
,, foreign affairs
91,627
Land taxes
613.078
,, justice
378,116
Excise
237,831
„ public worship
212,437
Tax on capital
3,370
„ public instruction
580,583
Patents
84,980
,, finance
3.652.951
Stamps
95,105
„ war .
1,471,475
Post .
129,881
„ marine
533,507
Mint .
1,987
Tolls .
25,247
Railways
162,651
Other Receipts
Total revenue" dollars
3,232,355
Total expenditure 1 dollars . J
L 9,274,920
8,070,366
i
£ 1,854,984
£
1,614,073
The public debt acknowledged by the republic consisted, at the end of September, 1870, of the following home and foreign liabilities : —
Dollars 2,500,000 5,000,000
Internal Debt — ■
Old Debt, at 3 per cent.
Loans of 1862-8, at 7 and 8 per cent.
Total internal debt Foreign Debt —
Loan of 1862, at 6 per cent
War Loans of 1837-39, consolidated at 3 per cent. Railway loan of 1858, at 4^ per cent. . Railway Loan of 1870, at 5 per cent. .
Total debt
£
468,750 937,500
7,500,000 1,406,250
850.000
520.000
1,500,000
1,012,700
5,2*8,1)50
The railway loan of 1870, authorised by Act of Congress of Nov. 24, 1870, was contracted for in England at the price of 83, and is to be redeemed at par by a sinking fund of 2 per cent, for the first five years, and subsequently of 1 per cent.
To the above was added, in 1867, a loan of 2,000.000/., at 6 per cent., contracted in England. It was issued at the price of 82, and the bonds were secured by the hypothecation of the customs revenues, which in 1865 amounted to nearly 825,000/.
The army of Chili, raised by conscription, was stated to amount to 5,300 men at the commencement of 1866, when the republic was at war with Spain. According to an official return of the same period, there were 29,698 national guards, or militia, inscribed on the lists.
