, 1875-11-20
THE FINANCIAL STATE OF
DENMARK.
(FrOm Observation-Disclosures by o. *

wiz OOuuI Auuf dSSy SuUuulIlou 10 INC
Austro- Hungarian Delegations was a Report
from the Austro- Hungarian Embassy in Co.
penhagen. This Report calls attention to
the surprising progress in financial and ma
terial respects experienced in Denmark during
the last deoennary. In Illustration thereof it
is stated, that the revenues of the Realm
from indirect taxation is now a Millions of
Crowns above that of the whole Monarchy
in 1863-64, and that the total sum of the
State Revenues after the separation of the
Duchies had decreased with only ciroa IA
Millions Crowns. This result must chiefly be
ascribed to the extensive improvements in
agriculture, which had previously been pre-
pared by an enlightened AbsOlutism and sub
sequently encouraged by the Free OOnstitu
ton the effects and working of this latter
is also specially demonstrated through a
comparison with the quite opposite state Of
affairs existing in the Duchies. AS an addi-
t%ionally favourable circumstance is also cited
the very successful results of the last years
monetary operations, which have vastly IA
cilitated the introduction of British MachinerieS
and various other improvements, partly also from
Germany. Denmark, it IS stated, has on this
score arrived at the most elevated position and
is about to take the lead of all other Agrioul-
tural Countries in Europe. The reason why
the expectation Of grain does not keep pace
with the increasing production, is the con-
siderable rise in the price Of labour and
the briskly increasing desire for luxury and
comforts. Alongside of the Expectation Of Grain,
the raising Of Cattle and Dairy farming, partiou-
larly the manufacture Of Butter, occupy a prom;-
neut place. The Report makes mention OF the
Cattle Export to England and Germany of
the raising of Swine-one Copenhagen Els
Establishment alone supplies almost all the require
menjs of Salt Pork for The British Maryland of
the Export of Butter, which latter during the last
s years has risen s times above what 1t Was
previ }uSly. Danish Butter is now quoted in
all the European Markets at a price much
higher than butter from elsewhere, and 1t is
being constantly exported in large quantities
for use in other countries. In 1874 the total
value of the Export of this article to England
alone amounted to @. Il 100000 Sterling.
Further more, mention is made of the heath
paintings, the establishment and extension of rail.
WAYS, new steam-lines, Joint-Stock- Companies
and banking institutions, together with the resus-
citation of the foreign trade, which is expected
will be getting still further impulse by the
opening Of Esbjerg harbour. In regard to the
new Observation-Disclosures, the report states that
they are being conducted with great caution
and are based on a very sound footing. Among
the Joint-Stock Companies attention is called
to the Great N prthern Telegraph Company"
Industrial Development has been impeded by
the rise in the price of labour and of articles of
provision but it is confidently expected that
a crisis will be averted by the healthy nature
of the existing circumstances The liberal
politics adopted 10 trade relations, as we'll
as the liberty accorded to Credit. and. Stock
Company Enterprises are named as powerful
levers to promote the commercial develop
ment.-The National Property is estimated
to between 4,6OO and 4,SO0 Millions Crowns
t3, AGO Millions of which are invested, and LAO
Millions movable), or 2,18O Crowns pr. head of
the population, a figure exceeding that of any
other Country in Europe lin England it is 1850
Crowns pr. head. The Improvements in
social affairs in the Country, and which is par
t|icularIy visible in the degree of Intelligence
attained by the peasantry and by the labouring
classes, is first and foremost 10 be ascribed to
the very excellent Elementary Educational
System adopted, and to a certain extent
also to the revival of the national spirit,
the general CONSUMPTION and the increasing
wealth of the middle Glasses. State-demoraliz-
ing theories have not gained ground in the
Country they have not been able TO do more
than to produce some few sporadic, pretty
innocent bubbles; the endeavOurs to intro
duoe those theories stranded on the good
sound sense and relative contentment of the
lower classes of the people. After naming
several philantropical Associations, the Report
concludes with a detailed review of the Danish
N I $50 Il IT. noNS1k A1r1A IL