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(1900) [MARC]
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Full resolution (JPEG) - On this page / på denna sida - Finances, by J. J. Woxen

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Financial years Ordinary kr. Extraordinary kr. Total kr.
1880—1890 on an average .... 8,153.710 8,153,710
1890—1895  »   »        » .... 10,386,530 1,163,508 11,550,038
1895—1896 ...................... 11,807,345 5,549,729 17,357,074
1896—1897 .................... 12,436,098 10,013,482 22,449,580
1897—1898 ............ 13,707,327 5,550,388 19,257,715


Of the ordinary expenditure 71 % to 79 % have been applied
to the land defences daring the different years, and 21 % to
29 % to the sea defences. Of the extraordinary expenditure,
the total amount whereof, from 1890—1898, was kr. 26,931,137,
kr. 14,740,617 have been applied to the land defences, and kr.
12,190,520 to the sea defences. The ordinary expenditure for
purposes of defence amounts to about 31 ½ % of the aggregate net
expenditure, and the average amount of the ordinary expenditure
falling to every individual of the population is kr. 6.42 and of all
ordinary and extraordinary expenditure together kr. 9.02.

Next to the public defences, the largest item of expenditure is
the interest on and reduction of the national debt. The national
debt, as already stated, amounted to kr. 7,250,000 at the end of
1847. Since that time it has been gradually increased by a
number of new loans, so that it amounted:
On Dec. 31st 1850 to . . .. kr. 14,305,200
 »     »        »  1860  » . . . . » 30,918,800
 »     »        »  1870  » .... » 29,754,800
 »     »        »  1875  » . . . . » 51,228,000
 »   June 30th 1880  » . . . . » 105,626,200
 »     »        »  1885  » .... » 108,638,800
 »     »        »  1890  » . . . . » 115,357,500
 »     »        »  1895  » . . . . » 146,895,000
 »     »        »  1898  » . . . . » 180,171,260


Of this amount, kr. 245,472 — or, after deduction of some
bonds belonging to the state itself, and not yet cancelled,—
kr. 214,172 represent the rest of Norway’s before-mentioned
share in the Dano-Norwegian national debt. This debt is
perpetual, while the whole rest of the debt is reimbursable by
instalments.

is

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