Page:Mexico under Carranza.djvu/38

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22
MEXICO UNDER CARRANZA

1910, the last year of the Diaz régime, in United States dollars as follows:

Revenue $52,952,000
Expenditures 47,324,000

Out of this payment was made of the interest on the national debt and on railroad bonds; the national railroads were kept in excellent physical condition, and all obligations of the government were met.

It is also of interest to note that during the last fifteen years of the Diaz régime, there was a surplus of national revenue amounting to $73,500,999, of which $36,500,000 was devoted to public works, the remainder of $37,000; being used to form a part of the available cash holdings of the National Treasury which existed when Diaz went out of power. The same statistical authority shows the national revenues and expenditures of the Carranza government during the fiscal year 1914-1915 to have been (in U. S. dollars):

Revenue $72,687,000
Expenditures 75,798,000

It may be well to call attention specifically right here to the fact, although it is made plain in these pages, that this increase of twenty million dollars in the revenues as compared with the Diaz régime