No. 465.
Mr. Francis to Mr. Frelinghuysen.
Legation of
the United States,
Lisbon
,
January 8, 1883.
(Received January 27.)
No. 23.]
Sir: I have the honor to transmit herewith a
summary of the Portuguese budget for the fiscal year 1883–1884, as presented
to the Cortes by Señor Fontes, minister of finance, on the 5th instant. The
items embrace estimates for the year and indicate a deficit in the receipts
to cover expenditures of a comparatively small amount, greatly less than in
any former year for a long time back.
Another report by the minister of finance not yet submitted to the Cortes
will show the present condition of the treasury and the amount of the
floating debt.
The present debt of Portugal is about $435,000,000, upon which annual
interest of about $14,000,000 is paid. I do not give the precise sums for
the reason that no official statements of them have been made, but the
amounts named very nearly approximate to the fact.
I have, &c.,
[Inclosure in No.
23.—Translation.]
Portuguese budget for 1883–1884.
The budget of the ordinary expenditures of the state and metropolis for
the years 1883–1884, with the respective receipts calculated according
to the system of accounts now in force.
Expenditures.
| Junta of public credit, interest on internal debt |
6,259,734$115 |
| External dept |
5,837,574$251 |
| On titles to consolidated debt held by treasury (961.
018$589) |
13,058,326$955 |
| Ministry of foreign affairs |
312,294$859 |
| Ministry of Interior |
2,169,602$572 |
| Ministry of justice |
683,716$537 |
| Ministry of war |
4,585,172$055 |
| Ministry of marine and colonies |
1,722,484$696 |
| Ministry of public works |
2,766,929$712 |
| Ministry of finance |
6,237,353$776 |
| ($34,004,751) |
31,485,881$162 |
Receipts.
| Direct taxation |
6,242,050$000 |
| Indirect taxation |
16,397,150$000 |
| Stamps and registrations |
3,437,000$000 |
| “Additional tax” imposed by law April 27, 1882 |
1,084,000$000 |
| Various receipts and public property |
2,985,081$000 |
| Overdue taxes |
1,071,309$000 |
| ($33,723,717) |
31,226,590$000 |
| Difference |
259,291$162 |
|
31,485,881$162 |
Ministry of
Finance,
December 30, 1882.
ANTONIO MARIA TONTES PEREIRA DE MOLLO.
[Page 735]
Recapitulation.
| Receipts, Portuguese money |
31,226,590.162 |
| Expenditures, Portuguese money |
31,485,881.162 |
| Excess of expenditures, Portuguese money |
259,291.162 |
| Expenditures, American money |
$34,004,751 |
| Receipts, American money |
33,723,717 |
| Excess of expenditures, American money |
281.03 |
