The Sun.
London, England, 1860-12-12 00:00:00

THE INTERIOR DEBT.

1. Essams Djeddides (consolidated issue) 56,000,000
2. Balance of paper money (C alines) in circu-
lation, and which will be withdrawn 14,000,000
3. Galata debts, payable at different periods 127,000,000
4. Mani; Tahvili (treasury bonds)
5. Essams Mamtuzees (scrip proceeding from

15,000,000

_
the conversion of stock)
6. Serghis (bonds payable by fifths, com-
mencing from the year 1865)
7. Floating debt, represented by the expenses
of several ministries

Total of the interior debt
The exterior debt reduced by the redemption
effected

The total of all the debts of the Otto-
man Empire thus amounts in capi-
tal to
This sum represents claims, some of which bear no in-
terest, and others produce interest at different rates ; so that
in short the annuities necessary for the total payment of the
debt only amount to about forty-five millions, not including
the sinking fund, or about 16 per cent. of the general
revenues.
To appreciate the insignificance of such a debt far an
empire like that of Turkey, it is sufficient to remember that
the debt of England exceeds twenty milliards, that the
Austrian debt is about 5 milliards, &c., and that the propor-
tion between the amount of the interest to be paid by those
states and their ordinary revenues varies from 30 to 40 per
cent.

BUDGET OP RECEIPTS AND EXPENSES.
The administration of the finances of the Turkish Em-
pire is entrusted to a superior council, under the presidency
of his highness Mehemet Ruschdi Pasha.
The imperial government, desiring to effect great reforms
in its finances, has requested the collective information of
the European Powers. In order to satisfy this desire the
French and Austrian governments have entrusted the mis-
sion of studying and organising the financial administration
of the Turksh Empiro to
The Marquis do Plo3uc, Inspector of French Finances ;
M. Devauz, id. ; and
M. Lachanbacher, Aulic Councillor of the Austrian Era-

pire. -
These distinguished functionaries have beer, attached to
the Superior Council of Finances sitting at
receiptsConstartinople;
and it is with their concurrence that the budgets of .
and expenditure of the Turkish Empire are being P
" ? 3 rheidl e
This arduous labour will be concluded shortly.
an approximate estimate can be made of
expenses as resulting from the present state otttithee•
total
the
Recent publications have already made mown.
o crept in ; thus, for
of these budgets, but sonic errors h _ roc ,Mt
aPfe. w and
have
the debt at only 600
example, they have stated the amoun
already
shown, 774
millions, while it really reaches,
mil-
lions. But without stopping
favourable to the Turkish government/
" valuations,
at these evidently
the contractors con-
sider a frank exposition due to the public, and they cannot
do better than hero insert an extract from a note emanating
from a source that may be termed official :
" Tho explanations with which I furnish you on the finan-
cial situation and the budgets of Turkey, although not hay-
in, the official exactitude that I should have wished to give
them, are nevertheless sufficiently approximate to afford a
judicious estimate. I will add in a more positive manner,
that the budgets for the years 1855 and 1856 are balanced
by an excess of receipts amounting to about six millions
of francs. In 1857 the excess reached nearly 25 millions
francs. During 1858 and 1859 the results were different,
but the cause was principally due to financial operations
which did not produce the results that the imperial govern-
ment had reason to expect. For the future, however,
thanks to the integral withdrawal of the paper money,
and in consequence of thedevelopment of publieprosPerity,
the budget will be balanced by an excess of receipts. The
receipts and expenditure of the Turkish empire are approxi-
mately as follows :
" The produce of all the taxes amounts to between
275,000,000 f. and 300,000,000 f. ,
about
" The budget of expenditure only amount. to
258,900,000 f. debts only
"Ifit is considered that the interest of all thet. ofthe -
amount; to 45,000,000 f., or about 16 per oa total
t