FINANCE — DEFENCE
1197
Finance.
The revenue and expenditure for six years were in pounds sterling : —
Tear*
1915-16 1916-17
1917-1S
Revenue
£ 14.750,297 14,315,966 11,186,527
litnre
£ 25,011,685 37,9*8
Tears
Revenue Exj * nditure
1918-19 1919-90
1920-21
£ 26,913,445
£
14,235,099
52,8o2,831
The following were the estimates for 1919-20 : —
Revenue Escudos
Direct taxes 15.618,025
Registration and Stamps . 17,550,000
Indirect taxes .
Port dues
National property, prolits, &c. 30,1" Revenue Earning, administra- tion, *c 49,898,284
Total ordinary Extraordinary
Grand Total
130,731,438 13,351,340
153.0S2.778 (29,443,625*.)
Expenditure Public Debt .
ency, Congress . •-y of Kinanoe ,, „ Interior „ „ Justice „ War ,, Marine ., „ Foreign Affairs . . Commerce ,. Colonies Instruction ,, ,, Eabour ,, ,, Agriculture „ ,, Pood .
Total ordinary
Ex traor.ii nan- Grand Total
Escudos 43,853,066
2,605,344 15,389,872 19,203,419
1,757,835 39,008,846 (3,809,803
IJM 689 ly,7o4.551
S.133.591
2,81 |,681 3,266,951
. 194,769,706 . 40,438,422
235,208.254 21,8631.)
On June 30, 1920, the external debt of Portugal was as follows : — New external 3 per cent, converted debt of 1902, 33,078,377*. ; 4J per cent, tobacco loan, 1891 and 1896, 3,208,875/. ; total 36,287,252/.
The internal debt on June 30, 1920, amounted to 1,113,601,347 escudos.
Defence. •
The Army of Portugal is a militia raised by conscription. It is in three categories, the active army, the reserve and the territorial army. All adult males are liable to be called out from the age of 17 to 45, but, practically, service only begins at the age of 20. 10 years are passed in the active army, 10 in the reserve, and 8 in the territorial army, whicn latter also includes surplus men from other categories. In the active army, recruits undergo from 15 to 30 weeks' preliminary training, according to the arm of the service ; afterwards there is a fortnight's training during the annual mobili- sation. The country is divided into 8 territorial districts, each supposed to produce a division. The active army consists of 35 regiments of 3 battalions, 11. cavalry regiments of 4 squadrons, 8 field artillery regiments, comprising 63 batteries, 2 horse batteries, 9 mountain batteries, 20 garrison batteries, and engineer units. Batteries have 4 trims.
The peace establishment of the active army has been fixed of late years at 30,000 men. There are about 2,800 officers, all told.
The reserve army was to consist of 35 regiments of infantry, 8 squadrons of cavalry, and 24 field batteries, with other units.
