The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-01-18

the position Of tho Austrian fnances, entirely
apart from the heavy burdens OF interest and
taxation, must always remain insecure II cannot be
concealed that the coil Of the Eae requirements
for 1867 has only been possible by utixinG % the maxi
mum the privilege OF emitting noies. aId that u win
effort be made gradually TO lessen the quantity Of
notes circulation and TO bring the requisite measures
OF reduction into settled system The return g the
reduced circulation medium 10 permanent currency,
the ion from paper 70 cash payments s, long
relations and demanding the greatest financial and COM
mercial sacrifices for which the government makes
preparations but which II must warmly desire 70 be
able 70 carry out WIN the cooperation Of oil the factors
In accordance with the Recommendations OF Coun.
Layschs report the Emperor has issued the following
FINANCIAL LAW roR IHs YEAR 1867,
commencing from 2Sth December, 1859, binding upon
the whole empire:-
Upon the basis Of my Patent Of September TO- 1855,
deem requisite after consuitston with my Council OF
Anisters 70 decree a. follows
Tho entire State expenditure for the administra-
i've year 1867 10 nxed n 600 forms, Austrian
IL The credits granted for the various branches Of the
contained in the INST part OF the appended state prem
nary budget These credits may be applied generally
under the heads Of the financial law and ndrently 70
tho various sub heads and TO either tho ordinary
credits granted under heads lS a s 81 and sS for the
department Of the Finance Ministry, with The amounts
settled BY various sub heads shall be applied In that
department and the objects stated In those
but without regard 70 division for ordinary and exiraor
III The sum or 4o7 2s7 900 FORMS settled a the
from direct taxes indirect imposts and other
branches OF tho State income mentioned in the second
part or the following State preliminary budget, Is
pointed 70 tho State expenditure granted by ar
Gle I.
w. The following special directions shall be followed
10 obtain the sum nxed the State by article
g.
The existing extraordinary increase decrced BY the i'm
pcrial order Of MAY 3 1852 shall continue for 1857 the
previous year. a. An addition Of BIZ to the land ax
OF 1e 20 the house interest OF 20 the house class
tax Of rs the occupation and Of as 70 the income
shall be levied In surplus OF the ordinary r. The
income be paid the interest Of the State public
funds local bonds shall be calculated and LEVIED at
cent. M In the previous year.
Tho altsatons ordered BY the laws Of December 81
August 1880 with regard to stamp and immediate duties
The Increase Of the consumption Of sugar from
native materials TO the extent introduced BY the
law OF October 60 ls shall continue during tho admins
trativc year 1867.
v. 70 cover the deficit Of 2o5ee000 forms resulting
from the deduction Of the OF l07 600 forms
from the expenditure Of l3 900 forn together with
the expenses still TO be betrayed for the service Of the
previous year. viz 81 900 FORMS those resources
amounting TO 70 900 FORMS to be applied which
stil At the disposal Of the financial administration
from the credit operations resulting from the laws Of May
8. July and August rs, 1855.
VI; The Finance Minister 10 charged whthe execution
OF this law. FRANCIS JOSEPH.
BELrRKDL
IkRHCR