The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-12-25
TELECRAPHIC News
r r ON
ALL PARTS OF THE WORLD
Financial Statement OF the
Prussian Monarchy.
o0oo~-~>~<0NN~o~.~D~
Debts, Income and Taxes of the North
German Confederation.
French Effort for Representation
in the Congress.
Great Britain May Arbitrate the
Luxembourg Question.
French Republican Notification to
the Holy See.
GERMAN
The National Finances in n Hopeful COn6i-
t0n-N0 Deficit Expected.

The National Finances in Hopeful Conci-
tion-No Deficit Expected.
BERLIN, Dec. 90, 1870
Herr Camphausen has made the important an
nouncement IN the Prussnn Chambers that no de-
rct Is probable In the finances of the monarchy for
the years 1870 and 1871.
THE NORTH GERMAN BUDGET
Our cable telegram from Berlin, given above
conveys very pleasing anticipation on the part OF
the Prussian Minister of Finance, Notwithstanding
the heavy expenses OF the war. IL applies TO the
financial year OF 1S7o-71, however. In order to I'M
derstand the true condition of the anairs OF the
Prussan treasury we must glance back little at
the previous account.
According TO the Prusslan budget for 1870 the
Kings government will have To pay IN the year 1871
the sum Of ls Ji0,053 tnaers as matTicular contr-
buttons TO the North German Confederation. In the
federal budget the amount to be furnished by Prussia
Is reckoned al thalers, hut about 10000
thaels must be deducted AS the share OF Prussia IN
the increase OF income accrulng 10 the Coniedera-
ton IRON the abolition OF the former postal lninunl-
ties, as well a from the raising OF tax sugar.
Subtracng these two sums, which together amount
10 O55 405 halers tie total matrcular contributions
for winch Prussia ~ iiaDle - reduced to lS.7l0OoJ
thalers az above or .oO,,1@ less than In the year
lsd9-1o. THIS favorable balance, however, Is out
weighed by an extra expenditure OF l65oooo thalers
In 1870 Tor postage IN consequence OF the aDroga on
OF the exemptions already referred TO,
PRUSSIA AZ WELL OFF ~ HER NEIGnBoRs.
The correspondence or Berlin, referring 10 a bin
for the con olidaon OF the public debt in Prussia
gives the following details OF the sums due by the
different countries Of Europe, thus
This country tprusslal IN respect or It's liabilities
occupies the eighth pace among the different
States Great Britain comes first, with 5,3Ss 900 900
| thaers IT, ,5c. each), and ~ followed by France
3,06 100000 thaiers Russia $3.50 100000 thalers
AUSTRIA 22Oo,Ooo,o0J thalers; spain, l254,ooo,0oo
tnaiers; Italy, Ito, 0boJ00 ihaers; Holland
$50, 0O0,0 900, and Prussia 430000,0NO. According to
the preamble 81 the Oil. the nount OF the prussian
debt VIII lie reduced III January 1871 to l24 $50 81
thalers. IL consists OF l5 different secur les, and
to be amortised IN conformity with precise reg lla-
lions. sum OF S,666 lao thaers. or about two per
cent Of the total capital wll be paid on In 1871.
| The above figures can only be considered trust
worthy far Prussia ~ concerned. Those refer
ring Great Britain fix the deDt ut about sos. eco;
whereas, according TO the English Official return Tor
| 1859, the total funded ana unfnnded DEBT was
only about $50, 100000. some former has evl
| IDENTITY been employed by the compiler.