The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1893-12-29
!
FACTS ABOUT FINANCES
ANNUAL REPORT OF DIRECTOR
OF THE MINT.
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An Interesting Compilation Of the
Debts of the Leading Countries
Of the World.
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THE UNITED STATES HAS TIE SMALL
gsr DEBT.
Franco Involved IN the Largest Dsbt-Ths
France Involved in the Largest Dsbt-Th'
historical Madison Letter Tound-oth'r
Interesting Facts,

\ d =
Warrington. December as-fohert "
Preston. director of tho mint has IN pre-
! partition his annual report which he VIII
shortly submit to secretary Carlisle. who
has already examined soma OF IT. fea-
lures, The report win he 9 valuable doc
ument covering nearly 400 PAGES ana
win present in,efoting statistisa apper-
tanning 10 coinage not only by the United
I States. But by other leauing conntfiea Of
tho world. The hook Is largelS devoted 20
d presentation cf tables showing cohngs
! by the several mnts OF The United States
nuring the past fiscal year.
j AR Preston has unrarthsd the very
valuable letter which was sent 20 the
secretary Of the treasury eariy ~ the
/ present century lay the then sccretary %
state. James Madison, oriering . diseon-
tinuancc OF the coinag, Of silver hecause
OF ita large cSrortnuon M & was more
| valuable Tor commercial thnn for eoinnsc
purposes. while the records showed the
existence OF such letter the letter iteelf
could not be found, and for years It's
whereabouts was a profound myAtery
The most interesting feature Of Mr..
/ prcaton's report is the showing ef me
dent OF the leadinR natians Of the world.
| These Rtatistlcs were never before ar
ranhAd IN the form III which Mr. Preston
hNa put them tnrriher. He has divided
1 the countries Into Three groupe. one show
lng the population, revenue. sSl'snaitnies,
4 debt. Imports. exports. stock and produe-
4 ton or silver III soitissfantieth countries.
another rhnwinp tigures Ia gold and siiyer-
/ standard countries, and another display
/ ing iigiirss a. sIlvcr-standain countries.
! TIE DEBT or MIN UNITED s'rATI;S
OF the leading countries OF Europe and
America, considering population, wealth
and revenue, the United States has tho
| Ansllast and France Tue harvest debt
With a population OF Gd.siGp9l, AN annual
rcveupe of $S6S, $50 900 expenditures Of ssSi,- !
$4,000. Imports Of so22,foi,0QO, exports Of
$ges 600 the debt Of the Unlted States
! b. 81, sis gss 600. The debt per capita IN the
| United states Is $29Qa, France. on tile
other hand. with q population Of ssSis.Voo,
revenue OF $685., SSa.O0l per annum. ex-
pendlturcs OF 12i,oio,Oln, with imports ot
wa $1,000 and exports Of s22s .eae. 00a cwcsf
the enormous sum Of Sja9s, $4,000. The
ld4bt par capita IL N5ispk Rs against S23-es
for the United States.
ar, Preston has Included IN his state
ment of the public debt Of the United
states the unredeemed cersitcatns FOR
which tttStl u aNGliinit.la LIZ. iitt1 INV
Included the non-interest-pnSinE debt,
The last statement issued hy the treasury
Experimentation November shows tho
public debt to have been $bss,ola2sn. THIS
liz only the interesl-bearing debt,
Great Britain, exclusive Of the debts 81
her eolones and dependencies y not az
heavily burdcned with publle debt us
is populariy supposed Her population Is
Is, 100000 her revenue. Ni2 se6.000 per am
num expenditures $751; 3l 600; her imports,
g, "a 7i6. 900. exports. i,ssisii.qoo. and pub
lie debt. y3.27s.8O5,o0o. The debt per capita
IS So. 81.
II me public debts OF Canada. New
fomdAnd. India and OF other colonies and
dependencies were however. added 20 tie
dsbt OF Great Brltnin the sum would be
enormous. bopg N,02s ii9a. 900, and yet not
SO large az the public debt OF France,
Another country whore debt IL not Ms
large az Is generally helieyca IS Russia
Her populN,ion ii J24o0o,0o9; revenues,
$685., 9i1 900; expenditures sGfi, 500 09pi inn
ports. g2la 24c010: exports sHe5t.oVO, ana
public debt, $2.2gs. 900. The debt Of the
German empire has been reduced within
the last few years. Her population y
40. ss2. COO; annual revenue S2s9naavp1; eE-
penditures, 2s9,e9goVo; imports, si,Vas,V,p.-
0O9 exports s7oi. sC2 900. and public debt
$40 0sJ, 600. The debt per capita IL 500
Tne public debt Of the German empire ~
really less thar that az the United States,
but its revenue ana It's wealth are net4fs
grsaf M those u This country II 70 the
debt OF the German empire there be added
tho debt OF Austria Hungary Il would
Increase from s27G,D95.D00 10 1,bls, 63ep 90
and the debt per canitn would he ms
creaaed from ta.ie 10 $s5.Gl IN theft ex-
ports and imports the balance Of trade
IL againat Germany. England and France,
while ~ favor OF The united states ana
Rnasla
INC most Impoverished country in the
world from 4 ratiip debf point Of view
~ Australasia, which, with population
OF d,sl6, 900, Owes $ail 5000 the debt per
eaplla being e220s2 Her revenues are
STA. $4,000 per annNm. expenditures, AvB,-
~ 90. imports, Ss5l ISL 900. ard exports.
s3l5, .00o Cuba ~ moi far behind. With
Il population Of i132000 and q dsht oa.
s220 0sz.0oo the debt per capita being
sflOS7 The country with the stTlalleat per
capita debt IL Chlnai IA fact tlle sinaileHt
debt Of any country ~ tie world. Her
debt ~ only SIS 0oolVyo, while her population
Is ZOE $50 900: her revenue. $50. sSo0jp per an
mum. her expenditures 81, 910Do0: imports.
igs.0zs.ooO. ana exports, SSdsi.pip. The
debt ,1ur capita ii but aix<tenthH Of cent.
Almost ali Of fhn South American re-
puDIica are IN dobt more or leAs-more than
less. ~ Il rule they are on a silver bahla
and hence the poor credit they have IN
the money markets Of the world. Tru-
quay Is the largest debtor. with a popu-
lati0n or G77cD1f she owes Sios I'D, og1. az.
1870 Dor capita. Her revenue & but
s7.7f0.Ol0 per nnntiin. while her expenses
nre 1s,7u0,0O0. Her exports are greater than
her Imports, however ~ over S.oe0Oao
per nnnum
The Argentine Republic. which = upon a
gold and silver basis, haa "a population of
l0sa,OOo aud owes s515,01ol0Bo, or gl2s.1p per
capita chill hae a population ~ kss&sf 70
aid q debt Of zip0.4sSptpl Or 49, par cap-
fta Conmdefink thu number q reyolp-
ti0na IA Hayti. that country Is not 10 had
of. her debt being but nsIsesQ0o of SIS 81
per capita. Brazil 81 not 50 badly eipatet
~ aona or her sister countries Her pop
ulaiion Is 400 900 and her delal oqQ.
Or @fIi7 Der capita. Her exports exteed
her imports by fce0Op,o phr annuu.
Br1lzil II gold standard country Peru,
witch Is silver standard County. bnE
debt OF sea. t6q.np0 population ~ 2.eaz
boo or per capill debt OF Hn2.1 Her
Imports exceed her exports ~ flse1.QoQ.
Mexico ~ not 70 deeply Involved. con-