, 1875-12-01
REVENUES.

The nsmesnes~ 1885, 900 Gre. 100000 Crs. $4,000 crs.
- A 6 Sa'e. $4,000 $4,000 100000 "
Stamp Duty. 1,726yOO 2,S7s,OO $4,000 "
cq DSes House ; ls;s4l,Oo E" aa6s',OOO " a692os "
Amongst other minor revenues there has
been an increase in that of the tax on inherit.
ances to the amount of 253,000 Or; transfer
of properties to The amount of PIG, 900 Cr.;
Postal revenue 305, 900 Cr.; Lottery 1884, 0
Or. making in all a little over 1000, 600, 900
Cr. The Direct Taxation show an increase
OF about $4,000 Or. sundry revenues about
$4,000 Or. The only revenue item which
shows no increase is the West India Islands
which have contributed nothing.
The Expenses, in general, have been kept
within the granted amounts. The only &C.
count in which there is q deduction Of any
Importance is in that of" other and extraordiua-
ny state expenses which shows a less expen-
diture of Asa, 900 Or. In order to pay off the
loan of January 1864 there was granted ii
millions Of Crowns. The favourable result of
the last financial year lis best shown by the
fact that We have been able to pay off the
whole loan of 1886, 900 crowns only by in
creasing the contribution from the activas and
the reserve fund by 1900. 900 Crs. It must
also be borne in mind that there has further
been paid off on the National debt 1870, 900
Crs, and expended in the building Of Railways
5,550,000 crowns. Thus $4,000 900 Crs. of
the activas and reserved fund have been used
whilst on the other hand about 1000, 900
Crowns have been paid off on the National
Debt and Railways, to the extent Of S J mil
lions, have been built. In this manner there
has been an advance Of III millions of
Crowns.
The Assets (Activas), not including the re-
serve fund which on the 3lst March 1874
amounted to rs, Toe, 1000 Crowns have suffered
a diminution of 100000 Crowns whilst on the
other hand it has been augmented by 2 ,360,000
Crowns whereby this amount remains nearly
unchanged. The augmentation has been caus-
ed by sales of Demesnes, which have given an
income, partly in cash and partly in obligations,
OF about $40, COO Crowns, by sale Of a building
lot on Gammelholm sold for 2 $500 Crowns,
by sale of the lot on which the ruins of the
Frederlks Church are standing goo, 900 Crown
aud for the indemnifoation for removing the
restrictions on the demarcatiOn line 1,306,000
Crowns.
The reserve fund, which on the 3lst March
1870 amounted to in all 55,460, 900 Or, has in
the year 1915 been increased by 456, 900
or. whilst it has on the other hand had to con-
tribute to the finances the net proceeds Of the
part payment on the abolition of the Sound
dues with 2,33O.OOO Cr., besides, on account of
the extraordinary payment of the loan of
January 1864, a further amount OF ii, 000, 900
Or Through sale of assets belonging to this
fund it has further been diminished with
1000, 900 Or, after which, on the 3lst March
1875, it amounted to 40. $50, 600 Or.
The National Debt Of Denmark amounted at
the expiration Of the financial year 1884,
nominally, to 2O9, go, 900 Or. 1t was in the
past financial year increased by 10000 Or. and
reduced by 24,O16,000 Or. The total debt on
the 3lst March 1875 stood at 1856, $50, 900 Or.
of this the bone debt was 1859, 1000, 900 Or.
which nearly all bear an interest Of 4 per cent.
The Foreign debt was 20,790,0O0 Cr., of
which 81 millions are at 5 per cent, u nil.
lions at 3 per cent, millions at 81 per cent,
and the balance at a per cent. Besides there
is yet a balance owing to the National Bank
of 1870, 900 Or.
The railways belonging to the state, which
on the 3Ist March 1875 stood 10 SO, 055,O 900
Crowns, have given a net revenue of ] 1870, 900
Crowns which is % per cent of the capital in
vested at that date. DuriOg the past financial
year over five millions Crowns have been ex.
pended on building Of railways, making the
amount invested 10 state railways, on the 3lst
March 1875 over sixty-three millions of
Crowns,-which is about equal to the amount
of the Assets and reserve fund.