The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-11-14

5000; United States. f37s, ,oOO, 900; Spain.
f?iOOOO.O0O; India. fl21 .O00.0u0: Turkey.
f127 200. 900; Australasia, f9S, 900, 900; and
Portugal, fS3.0O0, 600. In the years 1876
IS there was on this showing q net re-
duction of about f15.00O,OOO on the in
debtedness OF the nations enumerated:
but the whole worlds obligations in 1885
represented an increase On 1875, our
calculations giving a total for the for
mer of nearly "a 100000. Among the
minor debtors Belgium has increased
its obligations from FL. .O00, 900 in 1876
to f91 100000 in 1895. and In the same
time the debt Of the Netherlands has
gone up from $4,000 900 to f92. 500, 900,
and that Of Canada from f3O. 900, 900 to
ISL, 800 900. The Greek debt stands at
f32. 1884. 900, and that of Mexico at f32.-
72O. 900 (as against fs3. 100000 in 1S75):
while among the new borrowers must
be reckoned Japan, which now owes
f47. 800, 900. and the Argentine Republic.
which owes about f74,O0O.00 For the
small borrOwers-Bulgaria, Denmark,
Norway, Sweden, Chill. Peru, Servia,
etc.-we have allowed fl50, QUO, ,OOO W hich
is probably only two-thirds Of the ac-
tual obligations Of these nations.
The sum paid annually as interest on
the worlds debts approximates to f2aO
100000. Twenty years ago, the total
was about EGO, 100000, and the increase
Of only f30,0O0,0O0 with capital addi-
tion of more than $1,000, ,0OO, 900 is ex-
planned by the fact that money now is
cheaper, provided credits are good, than
it was in 1875. when on some of its
loans England was paying 3h per cent,
India per cent, Holland Az per cent,
Canada Az per cent, France, Russia,
and Brazil per cent, Italy and Portu-
gal per cent. Hungary 7h per cent,
Egypt per cent, Turkey and Peru 10
per cent. France, of course, pays out
the largest sum of money every year
In the way of interest, the total run
ming to about f37 200, 900, or 19s Sd. per
head of the population. Great Brita ms
disbursement is f24,54O.0OO, or rs. Cd
per head. Russia pays out a little
more, f:4,726.00O. or 4s. lid. per head
Austria Hungary. on the joint and spe-
cial debts, pays out f37,190,OOO year
and the average per capita expenditure
on the joint debt Is 4s. 1Od., on the spe-
cial Austrian debt los. 1Od.. and on the
special Hungarian debt 15s. The an
nual charge in Italy amounts to fc3,-
100000, which works out at the rate OF
los. Id per head. Spain pays nearly
I'll. 100000 interest annually. or 13s. Id
per head. Though the capital itself Is
large item. the charge per annum in
tiiS t'iitSu hptatSs 10 Ho tUdU Is
Cd. per head. In Uruguay, on the 9TH
er hand, 1t runs to as much as E12s Cd.
per head. Burdett says that in Peru
this per capita charge runs to fl 3s.
but there must be something wrong
with Burdetts figures. In Portugal tnt
amount is los. ed per head. and In
Egypt lis. 10d. per head. In Germany
1t is no more than Is Al.
Can any one say Off-hand what Is the
aggregate debt Of all the English pos
sessions in all parts Of the globe? We
will give the total-it Is G1,O97, ,166, 600
After the mother country. India has the
heaviest debt; the total being, as We
have seen, f127.60O,O0O. Then comes
New South Wales with f5S, ,225, 900. Can.
ada with f5l.2SS,00O (net), Victoria with
f47 1877. 300. New Zealand with f39, ,635. 900
Queensland with $50, ,639. 500, Cape Col.
ony with f27.675.17S. and South Aus.
tralia with f23,lOO0Oc. st. Helena brings
up the rear with a modest f5,4OS,.