The New York herald., 1871-01-04

Tho Financial Condition Of Spain-NateriaI
Resources and Taxes 0f the Kinpdom.
To describe the actual financial condition Of the
present kingdom OF Spain would be very difficult
task indeed. II Is an important public duty, how
ever. the discharge OF which is really OF interest to
the world.-Cuba incuded--just at present. Com
pilng from the most authentic and reliable sources
we find the annexed facts and figures, VIII
The public income OF Spain is derived from six
several sources. The revenue derivabe from direct
taxation was estimated by the Cabinet OF the late
Queen at about 500 for the financial year end.
Ing on the 30th OF June 1862 The indirect
taxes were expected to Yield for the same
period about s4,7ss,47o. The stamp duties
about f4257, 1915 was expected from the profits and
sale Of State property. The colonial revenue was
estimated ut FL 3300l0 and the special resources OF
the Treasury at fl40,000. The total estimated IN
come ter the year ls69-7O ito Junel therefore,
amounted to about f25,s46,747 The expen-
s2e, 5S4, ,7s7. leaving an estmateo deficit Of
about E71syO4O. The actual amounts are some
what higher as in this calculation, for convenience
sake loo reals are taken equivalent TO the pound
sterling, the actual rate OF exchange varying from
s5 to eS reals. The finance Minister, senor Figue-
ing to about 20 O0O 600 sterling had accumulated
der the government OF his predecessor" The esti-
mate OF the produce OF direct taxation IN the same
year includes the property tax and TAX on
industry, with their additional percentages; a
temporary income tax OF five per cent; taxes on
" '
free port dues in the Canares and tax upon mines.
The estimated revenue from the property tax, with
surtaX OF ten per cent upon real estate, live stock,
cultivation, &C.. was GA. 7300 900 for the year. The
tax on industry and commerce, also with surtaX
OF ten per cent was estimated at fS77so0; tax on
changes OF ownership, &c, f600,000; on grandee-
ships titles &c. f20, 00O carriages and horses
fused TOR pleasure eco 900; temporary five per cent
income tax, f725000; free port dues (Canariesl
fl3,0 ,000 charges mines estimated ut ESQ 600. As
regards the indirect taxes the revenue was thought
likely 10 tall far short Of the estimate OF the govern
ment The two most important branches OF this
revenue have hitherto been the customs tariff on
imports and the tax consumption levied In the
towns. The customs revenue was estimated at
f2, 400, 900, and the taxes on consumption at
El,9S7,5 $3.50, making Ga, $50.
An English economist and the Secretary or the
British Legation in Madrid INT. Robert Lytton),
speaking OF the material resources Of Spain alter
the late revolution. says
The real sources OF her national wealth being
essentially unartihcal, Spain Is In the enjoyment
OF physical vitality capable OF surviving social
disorders and violent political experiments which
would be destructive TO the more delicate
foundations Of any State whose prosperity,
like our own, Is the product rather Of
human ingenuity and patience than Of fertile
soils and favorng suns. In less than twenty years
the value OF the external commerce OF this country
under q commercial system iniberal ard COM
plex as to be almost an anachr0nism in Europe) has
increased from 5000 900 to more than 80, 000 900.
Under equal disadvantages the revenue always elas-
tic, has steadily increased; and what is far more
IT, Tore energy and capacity for labor than either
the Portuguese or the Italian. The harm done by
the revolution is obvious 1t may be easily reckOned
IN pounds shillings and pence. But the utmost
haps, cheap price Tor the good which the revolu-
ton Is pledged to effect, II it can.