FINANCE — DEFENCE
1267
Finance.
State receipts and expenditure for 6 years as follows : —
Tear
KeTenue
Expen Tear ' Revenue J Expenditure
1912 1913 1914
£ 5,118,000 5,230,600 8.572,840 •
£ a,
4>708,24C 10181 16,905,007 16,906,007 5,230,600 19191 19,434,703 4.703 - 172.840 19JN 4 . • \
1 Estimates.
The budget estimates for 1921 are shown as follows in dinars (par value of dinai, 25 to the £. ; present value, 130-135 to the £) : —
Revenue.
Dinars.
402,350,000
129, 840,000
90,000,000
400,000,000
611,00 >
2,116,930,790
725,628.701
18,817,307
Expenditnre.
Department of Education .
Treasury
War and Nary .
Public work* .
Communications
Po*i and telegraphs .
ture Forests and mines
.irs.
Customs ....
Town taxes
Excess profits taxes .
1 tnport and export dues
Navigation dues
Direct taxes
State properties
Other sources .
106,532,019
Total
3,S34,r
Total (including all items) . 3,994,366,343
On January 1, 1914, the public debt of Serbia amounted to 903,810,500 dinars ; at the end of 1920 it stood at 2,838,286,750 dinars. This includes the debts owing by the united kingdom to foreign countries, as follows : — To United States, 35,000,000 dollars ; to France, 100,000,000 francs ; to England and France together, 50,000,000 francs.
Defence.
In 1919 the organisation of the army of the Kingdom of the Serbs, Croats, and Slovenes was commenced. In peace time the strength of the army is 150,000. Compulsory service is in force for men between the ages of 21 and 45, and, as a last defence, men can be taken as fit to carry arms from the ages of 18 to 21 years and from 45 to 50 years.
The kingdom is divided into four army districts and 16 divisional dis- tricts ; each divisional district has 3 infantry regiments of 3 battalions and 1 artillery regiment. Each army district has, besides, 1 cavalry regiment, 1 howitzer artillery regiment, and 1 heavy artillery regiment, and also 1 engineers' command composed of all engineering branches. For the whole army there is 1 cavalry division of 2 brigades and 2 regiments, and 1 railway transport command, 1 air force command, and 1 motor transport com- mand.
The infantry is armed with quick-firing rifles of French pattern and those taken as booty from Austria-Hungary ; the artillery with French quick-firing guns (Schneider-Canet system) and those taken as booty from Austria-Hungary, which are of various models.
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