- Project Runeberg -  Finland : its public and private economy /
248

(1902) [MARC] Author: Niels Christian Frederiksen
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Senate and the Committee of Finance (i.e. of Ways
and Means, Supply and Appropriation), embrace the
total revenue and expenses of the State. The decision
of the Estates as to the grants which they shall vote
is based on the estimate made by this committee of
the ordinary revenue and its sufficiency to meet the
expenses, while the statement presented by the
committee at the end of each Diet contains also a budget
for the whole period, giving a perfect insight into the
entire financial situation.

Of the budget for the period 1901-4 we give the
following averages for each of these years:—
Marks.
Total of the ordinary average yearly revenue,
therein being comprised the voted taxes,
is estimated at
70,273,000
Grants voted for this period alone for railway
construction, total 35 million, or per
annum
8,750,000
Surplus from the preceding financial period, to
be used yearly
4,634,000
_________
Grand total                         83,657,000
The ordinary expenses, comprising interest and
amortisation of the public debt, were
estimated at
57,959,000
Extraordinary expenses, including an estimate
for construction of railroads of 22¼ million
marks, estimated at
25,325,000
_________
Grand total                         83,284,000


In this budget the government has made one
alteration, that the expenditure on railways should be
decreased, and the loan made for this purpose be
decreased by 10 million marks. Some minor lines
and subventions to other minor lines were not
approved of.

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