Foreign News: National Debt

The magnitude of French financial problems confronting the new Government was made evident by the publication of an expert report on on French indebtedness:

Internal Debt. The following figures represent paper francs:

1) Long term and perpetual debt: State rents, 110,526,000,000; capital of annuities, 10,885,000,000; credit national, bonds, 12,978,000,000; bonds of State railways, 277,000,000; capital and annuities of railroads, 8,119,000,000.

2) Bank of France advances to the Government, 23,600,000,000.

3) Debt with fixed maturity credit: National bonds 11,000,000,000; treasury bonds, 28,975,000,000.

4) Floating debt: treasury bonds, 2,557,000,000; national defense bonds, 5,848,000,000; miscellaneous, 5,253,000,000.


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