Weekly national intelligencer., 1854-04-08

Of which this win be the evidence that preect
the departments has been publicly censured having
made direct appeal to the enthusiasm of the people in
favor Of the loan and attempted quicken the zeal Of
the mayors Of the communes in its promotion On the
other hand, we observe that the editor of provincial
paper, the Gazette dc Lyon, has received the ominous
warning for no grayer offence than that contained in the
phrase, this sum Of two hundred and fifty millions will
suffice to deay three months expenses of naval and
military forces in Turkey" which were unfortunately
found in an editorial article relative to the loan The
phrase was considered unpstriotc antinatona and
qualified by the preec. false and lying" In pre-
sence Of this sensitveness and intolerance Government
touching discussion by the press of its measures and
policy sensitiyeness and intolerance Of which every
week affords abundant proof there was something amusing
in that passage 4 the Emperors speech ct the opening
Of the Legislat session in which be declares himself to
have been prposHdy touched" by the fact that not
single aesgEtsion heen drsstad agansk the Govern
mont IN relation to The measdres saspsH u prsvids
against the scarcity ofeo this year. This the Emperor
considered ga proof Of the peoples confidence In
himself and Of their conviction that their welfare
before every thing else the object of his constant soc
tude." saw more than one significant shrug of the
shoulder as the passage was read In fact, under the
actual regime Government has right whatever draw
favorable and conclusions from the silence
of the press Since te loan has become the prominent
topic of remark much interesting information upon French
financial subjects been elected appears that prior
to I84S the rente wal almost exclusively owned in Paris
and by comparatively few large capitalists At present
this species Of property is widely disseminated through
out France and is largely held by persons of the most
moderate fortunes, Thus, in l847 there were only
207 600 renters orholders of rente and Of
them lived in Pari Now the total number Of renters
is 664, ,G00 Of whom than half reside in the depart
ments, and among them 1900 whose rente Tor
annual interest on the capital investcd does not exceed
20 francs (375 1t is officially stated that last year
alone capital TO the amount of hundred millions of
francs ($ls, o,O0) employed in the purchase of
rentes by capitalists residing in the departments at
distance from Paris, and as permanent investments.
Those certainly remarkable facts and they tell well
in favor of the general confidence in the stability of the
present order of things.
Let me give here few figures touching the actual
debt Of France Its gradual growth up to this new loan
and former loans, with which have recently been
furnished .e."
In January 1854 the annual amount interest payable
the public debt was S2 ST. francs (S69 632 S26
The amount Of rente, annual interest, payable on
the public debt at various great political epochs, was
as follows: F.
In 1889, at the opening of the revolution, (Neckers
rep.) I6l, ,466 600 francs. ..,' +. ~.
In 1898 Gambon in his famous report makes it. after
divers important dminuons 1877 1851 vres francs.
In 1898. tho annual interest rente amounted to
ia, ia, ,95I francs. <r.4 ".
In this year Q19S) law was passed ordering two
thirds Of the whole debt to be liaudated by bonds
able to bearer In short time those bonds worth
only 20 per cent OF their nominal value The other
third inscribed In the araud hivro nc psT
rente leaving payable annually by the State rente
4o216, 900 francs. Under the Consulate and Empire this
increased by the addition Of twenty three mil
lions of rene which made the annual charge upon thu
State, lst April 1914 amounting to G3, ,307 637 francs
The first years Of the Restoration, burdened with th
expenses Of two invasions this tripled tina
in 1923 the annual interest the public deb. amount
i ed to 1876, 900 600 of francs 1886 465 000.) ..
| From 1916 to 1928 eight loans contracted
amounting in all to 95 $685. $50 francs of rente per 100
and representing q capital of l,9lS773, $50 francs
(S35S 8l06l3) Such the charges imposed by the
allies upon France, in consequence chiefly of the
and spoations Of the empire which was overthrown al
| Waterloo. ..-.
In 1928 the total capital represented by the
| g. 1876, ,O0O, 900 of francs, 1885 595, 000.)
The Restoration closed in July, 1880, bequeahing to
the State public debt of which tho annual interest was
199 All 20S francs 37, pol 0lS During the reign of
Louis Philippe from July 1850, to February, lSIS the
national debt underwent notable augmentation Louis
Philippe left France burdened with annual amount
ing to 24O S0s 800 francs ($45, ,276) representing
in capital adebt of 200 000 900 francs 1872 400 600
Below is the condition of the public debt at the
mencement Of the present year. 1854 arriving above
stated at the large of annual rentc or interest Of
372, ,3l4, ST. francs 1853, G., ,S26)
1856 066 OH frs ~ pr 100 rente Converted fyes
S95, ,302 FRS, old AZ pr. 100 rente.
2,371 ,9l1 frs, pr 100 rente.
"a, 495, ,9SS frs, pr. 100 rente.
ooo 90, a.,