246 (Norway : official publication for the Paris exhibition 1900)

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1890 to 1895 it amounted on an average to kr. 4.613,946, of
which an average of kr. 549,638 represents the instalments. During
the three following years these items of expenditure have been
increased to kr. 5,500,207, kr. 6,882,326 and kr. 7,194,647
respectively, the instalments being represented by kr. 532,407, kr. 976,782
and kr. 1,203,824 respectively. The expenditure caused by the
national debt in the vear 1897—1898 amounted to about 16 ½ %
of the net budget, an amount equal to kr. 3.32 per head of the
population. After the expiration of the financial year 1897—1898,
in the autumn of 1898, a new public loan was raised amounting
to kr. 20,880,000, for the purpose of covering extraordinary grants
for defensive purposes made in 1896—1898. This loan was issued
at the price of 96 ⅗ % bearing interest at 3 ½ % (making the
effective interest 3.895 %) and redeemable in the course of
twenty years.

The Norwegian Treasury has no floating debt.

MUNICIPAL FINANCES.

Concurrently with the state, the municipalities play an
important part in the finances of the country, in as much as, in
connection with the state, they defray the expenses of certain
public institutions and agencies, as for instance education, the
police and sanitation, in the towns the harbours, and in the rural
districts the highways; while they take entire charge of some
branches of public activity, as for instance the relief of the poor
and, especially in the towns, the streets, waterworks, fire
department, etc.

From 1884 to 1892 (the first and the last years for which
complete statistics exist) the expenditure of the aggregate
municipalities has gone up from kr. 22,826,402 (whereof kr. 11,537,233
were expended by the towns and kr. 1,289,169 by the rural
districts) to kr. 32,079,169 which are distributed in the following
manner:

	Towns.	Rural districts.	Whole country.
Judicial and Police system . .	980,200	252,385	1,232,675
Ecclesiastical matters . . .	761,494	641,881	1,403,375
Public instruction .....	3.819.229	4,584,087	8,403,316
Relief of the poor ..........	2,855,875	4,458,571	7,314,446

[[** Tabell forts. neste side]]

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