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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 |
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