FINANCE
791
An Act was passed in 1905 for the relief of the aged poor, the infirm, and the permanently incurable, age limit, 70 ; but by the amendment of the Act, April 5, 1910 this was reduced to 65. It provided that the cost of the scheme should be borne by the communes, the departments, and the State. The number of persons registered for relief at their homes, has risen from 515,430 on December 31, 1908, to 607,501 on December 31, 1911. The cost to the State alone for 1910 was 48,000,000 francs ; for 1911, 50,000,000 francs ; and for 1912 (voted) 51,200,000 francs. In addition, contributions of the departments and communes totalled 43,800,000 francs in 1909, and 45,700,000 francs in 1910, but it has to be remembered that the increased expencliture under this law is in part balanced by the diminished activities of the ' bureaux de bienfaisance ' in assisting invalids under 60 years of age. The Old-Age Pensions Law of April 5, 1910, as amended on February 27, 1912, provides for all wage-earners old-age pensions towards which both employers and workers contribute. Contributions are to be paid up to the 60th year of the worker's life, and the pension then will be 100 francs. This sum will be increased by one-tenth for every insured worker who has brought up 3 children of the age of 16. On October 1, 1912, 7,698,856 persons were registered under the scheme.
Finance.
I. State Finance.
The following tables show the budget estimates of the revenue and expenditure proposed for 1913 as compared with those voted for 1912 : —
Sources of revenue
Direct contributions .... Taxes assimilated to direct contributions
Total, direct and assimilated
Registration .... Stamps .... Tax on bourse operations Tax on inco>ne from personalty
Customs
Indirect contributions
Sugar
Total, Indirect
Tobacco monopoly . Matches, gunpowder Posts, telegraphs, telephones Various (mint, railways, (fee.)
Total monopolies
Domains and forests
Various receipts ....
Exceptional receipts (including loans)
Receipts d'ordre
Revenue collected in Algeria .
Total sundries
Total budget
1912
Francs 553,112,301 52,137,864
605,250,225
762,171,100 240,576,300 14,924,700 111,856,000 590,359,000 644,484,900 167,374,200
2,531,746,200
505,064,400 62,904,200
373,107,700 12,149,485
953,225,785
08,218,850
69,441,485
153,000,000
114,967,021
2,460,900
408,108,256
4,498,330,466 (179,933,218?.)
1913
Francs
561,929,768 54,243,262
616,173,030
777,608,000 274,183,500 17,464,500 119,599,000 024,135,000 678,988,400 185,577,600
2,677,556,000
508,669,200
64,419,100
393,925,100
7,950,447
974,963,847
68,105,990
68,178,933
161,000,000
96,550,680
2,580,530
396,416,083
4,665,108,960 86,604,358/.)
