New-York daily tribune., 1858-07-23
THE FINANCIAL SITUA TION or BRAzl,
FROM he I0aisE Ifmsa

FROM he Loai,E Tim.a
T'hs ,eport of Senor SJuza Franco, the Fake
Minister ef Brazil, was made 60 the LsglsltuyeCns
hers in Nav. According to summary II tbsdse.
ment transmitted by a correspondent, L very ST.
factory, and likely 10 incresse the oonhaeaes sfss3
felt in the resources Of that courtry. 10 lSofSa
Imperisl revenue OF Brazil ltakirg the et,h.sss
27lwas only Il, ,i95 2S2; in lsoo-' It hai rt.'i
! 4S6. 2ll; in 1857 the actual rsceip,s u! ~
moptbs encoursged the Minister 10 esu nate il q
f6IlI OOO and the syersge income OF the three yss,
lS5i-5, 1856, 1867, was IL Jyr55S. AtAosga
the expenditure In the current year had been l,gsu
slly heavy tthe frontier PROVINCES Of N Ie Gu.so
and Rio Grande Do Sal, hsvius been pA IN
tate of complete dcfense, while lsgs aiiirs
hed been maze to the army and navy, Sa3
considerable sums hsd been voted to msSs ATTEND
nee Of roads as well as 10 assist railways snd pfoaoA
colopizationl on the Both of April, 1855, there vu
disposabe balance in the Treasury OF - H,lH b.
side a large increase OF material OF all kinds 10 ~
naval and military arsenals. In consequence Of Ia
the Cove rnment in December last were abe - pAa
a yery con.dersble sun at the dsposs. OF tie BIAk
Brazil 10 avert any contraction Of its power Of d.
count and to assist the liquidation OF Commercial
TRANSACTIONS and further arrangements are novnH9.
ress gradually TO redeem the paper circulation ssdp
replace il by metallic money. Daring tue el'ss
wear and Up 10 the Seth of April, il Was unrecseyy
to Issue for the public service sngle Treasury Bad
(Exchequer Bil), and there had in that psriAb bsa
RENTED to the financial agents of the Goyernma,
London, in money, fSl2,65O, aud in Brazil veM
IL
large balance with the agents at tho cre1it Of 10
Government, and the Minister calculated ths. sfsr
dschargpg all claims for public dlsbuisem snts uiA
agency the payment Of the dividends, and the frk.
ing fund the balsnce en- the Job OF June, lsSS ss1
amount to f262 679. Considerable reductions kA
been made in 1856 in the import duties OF the Empn
and it had been estimated b. Senjr Souzs FralNi
predecessor that in consequence OF those retucns
the Customs receipts would fall OF in the folovaS
year The result has been the reverse. Notsss.
standing the lower raes of duties, the Customs n
ceip.s OF Rio de Janero had increased f0,,o Nd
those Of the other provinces t2'i,O5f. Encourages
by these additions to the Customs revenue the Gov.
erument had In August, 1857, and March, 1858. msds
further reductions in the import duties on several sr-
cles, the most important Of which was cosl. By,h
operation of the Sinking Fund, the foreign dsk Of
the Empire had in 1857, been reduced TO the exE,d
tl47 500; and at the end of 1857 the total smou:
outstanding was E5,35 800, sum considerably -
than the partially received and ths partly estimsA
income Of the State in the financial year l857-s
During the currency Of the foreign debt there hu
been extinguuished in this way amount Of Gl,%a'
3OOi and the total debt of Brazil stands thus:
Foreisn debt, Dec 81, Observation-Disclosures
iHtsn. @ y g. bes sG; ST. iss,....:. SsS% iS
Total. ..........".......fl297s.soo
little more than two years OF the revenue of 1861
Finally it is remarked thai IN addition to the rsvt
nues Of the Empire, each Of the twenty provinc@d
Brazil has and revenues of its owR and tU
the finances Of all the leading provinces are ia a
equally tou,shipg condition, several of them spssa
ing out Of revenue large sums public works, saA
the credit OF all standing high. The trade sts,lsa
OF SenOr 6ouza Frances report ara Ike wise E!M
sirg. The ofioisl value Of the imports srd exports
OF Brazil in 1867 amounted to G26 44 375, or Up
ward ct 40 per cent above the average Of tie prt
vious five years, and n per cent in excess Of
vslue in 1856. OF that sum the value OF ~
imports is l3,76l,773. or 80 per cent gres.sr thss
that of the previous year. and 80 per cent above the
average of the previous five years. The value Of As
that Of 1856 and 4 per cent in excess Of the GUN
qusnnal period. OF the imports of 1857, fS,lsoll6
or about 5s3 per cent of the whole, came from Ea.
gland and her possestons fl 800 GA or l3 per cent
from France; and fS64. l55, or per cent from the
United States Of the exports of that year, those to
England were valued at f3954l2 or 81 per cent Of
me whole those to France, 81 05S 6l or per cest;
those to the United States, f3 5l6079 or pr oest
Ihur, appears that in 1867 tho total trade Of a.
gland with Brazil reached the enormous vLzA Of
tl2,lH,244 And yet Brazil is the only couatgh
the world our commerce with which hes not the sscv
rity ct . single treaty stipulation"