REVENUE AND EXPENDITURE.
497
Branches of Expenditure.
Ministry of the Interior ,, justice
foreign affairs- war
marine . finance .
agriculture, commerce, and public works Total
£
500,735
341,323
74,842
859.059
1,398,582
4,023,488
1,160,521
8,358,550
Old charges of the colonial times, the war of independence and with Uruguay, payments of indemnities to foreign nations, loans for public improvements, and loans to fill up deficits, have laid the foundation of a national debt, largely increased in recent years on account of the considerable expenditure of the Paraguayan war.
The funded debt of Brazil is divided into an external and internal, and was made up as follows on the 31st December 18G9 :
Foreign Debt
Original Capital
Outstanding Capital
Loan of 1852, due in 1882
1858, „ 1888
1859, „ 1879
1860, „ 1890 1863, „ 1893 1865, „ 1902
Total foreign debt Total foreign debt outstanding 31st December 1869
& 1,040,600 1,526,500 508,000 1,373,000 3,855,300 6,963,600
&
727,000
954,700
361,800
1,014,800
3,264,800
6,741,200
15,267,000
13,064,300
Internal Debt.
6% stock 5% „ 4% „ Loan of 1!
Total internal debt
15,900,650
195,040
11,960
3,000,000
19,107,650
The stock of the internal funded debt was held as follows in 1869: —
Countries
6 per cent.
5 per cent.
4 per cent.
Brazil . .... Great Britain .... Other countries .... Charitable establishments (Brazil) Unknown .....
12,529,510
482,080
374,220
2,514,840
59,220 5,780 24,260 39,040 66,740
380 11,580
