The national expenditures are chiefly for the interest and amortization charges on the public debt, official salaries, military expenses in connexion with the army and navy, public works (including railway construction, port improvements, water and sewage works), the administration of the state rail
For each man, woman, and child in the republic. About 71% of this charge was on account of national expenditures, and 29% provincial and municipal expenditures.
In 1889 the public debt of the republic amounted to about £24,000,000, but the financial difficulties which immediately followed that year, and the continuance of excessive expenditures, forced the debt up to approximately £128,000,000 during the next ten years.
But it was left alone to protect its own frontier against the French, and while the assembly was wrangling with Governor Clinton for the control of expenditures the French and their Indians were burning farm houses, attacking Saratoga (November r6, 1745), and greatly endangering the English-Iroquois
According to a compilation of statistical returns published by Dr Francisco Latzina in 1901, the national revenues and expenditures for the 37 years from 1864 to 1900, inclusive, reduced to a common standard, show a total deficit for that period of $408,260,795 gold, which has been met by external a
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