The Sun.
London, England, 1862-04-30 00:00:00

EXPENDITURE.

The following is an abstract of the budget of
expenditure for the same year :.
1. Interest and sinking fund of the foreign
debt .. .. .. .. .. .. 1-1391,023
2. Interest and sinking fund of the home

debt .. •10 .. •• •• 686,800
3. Mecca pilgrimage, and expenses con-
nected with the Holy Places .. .. 384,252
4. Civil List .. 1,253,878
5. Superannuations and charities .. 215,304
6.
_Grand council and tanzimat .. 119,365
7, Ministry of War .. .. 3,401,220
8. " Artillery 145,530
9. " Marine . . 790, 801
10. ‘"fribunals .. 85,244
11. " Evcaff .. 152,341
12. " Interior 1,524,333
13. " Foreign Affairs .. 205,412
14. " Commerce and Public Works 77,940
15. " Public Instruction .. .. 22,419
16. " Police .. .. 110,373
17. " Finance .. 1,022,348

Total f .. £11,088,583
To which is to be added an extra sum of £261,336,
on account of loss in the retiring of metallic cur-
rency. It appears, therefore, that Tor the financial
year 1859 60 the expenditure exceeded the revenue
by £1,376,975.

It is.,stated that great abuses exist with regard
to the application of the sums granted for the
Mecca pilgrimage, and the maintenance of public
edifices at Jerusalem, Mecca, and Medina. There
is no efficient control over the expenditure of the
different government offices, and in particular there
is no person vest( d with the powers which a Minister
of Finance ought to possess, in fact it can scarcely
be said that such a personage exists. A plan is
proposed for remedying this state of things, and
details are given of the manner in which the duties
of the Finance Department should be carried on.
The deficit for the current year 1861.62 is
estimated at about £2,220,000, of which sum
£1,700,000 is the excess of expenditure over
revenue; and £1,220,000 represents the loss arising
from various ca'ises connected with the disordered
state of the finances.

After alluding to the small amount of taxation
compared with the resources of the empire, and
stating that the taxation is only burdensome so far
as it is ill-adjusted, Mr. Foster and Lord Hobart
mention the means by which they propose that the
revenue should be raised to the amount required to
meet the expenditure.
1. That Constantinople and its environs should
no longer be exempted from direct taxation. (Cal-
culated to produce a sum of £500,000 per annum.)
2. That a tax should be imposed on male servants.
(Calculated to produce £450,000.)
3. That a limited concession should be made of
the very large amount of " Vahouf " property now
in the hands of private individuals. (Calculated to
yield £1,200,000.)
4. That an increase should be made in the tobacco
and stamp duties. (Calculated to produce £50,000
each.)
5. That the tithe in Anatolia should be collected
direct by the State ; by which it is estimated that
a further sum of £120,000 would be realised.
In all, £2,370,000.
• Mr. Foster and Lord Hobart do not seek to raise
the revenue to mare than a sum of £2,200,000 be-
yond its present amount ; of which £1,700,000
would equalise revenue and expenditure, and the
additional £500,000 would enable the extra liabili-
ties of the State to be paid off gradually in the
course of a few years.
They do not, however, merely confine their re-
commendations to this plan, but conclude their
report with a reference in detail to the various taxes
which require readjustment, and to the different
improvements which it would be desirable to intro-
duce in order to place the finances of Turkey on a
satisfactory footing. !

~,

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