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sterling. Then there comes that fruitful source of expenditure which has been so freely lavished upon the railways of the world. What this amounts to we hardly know, as we have already said; but we know, from our own Board of Trade Returns, that in Great Britain alone, between the

years 1862 and 1872, we spent upon our own home railways no less than £175,000,000 sterling; that in the same period we spent upon our Indian railways £50,000,000; that in the same interval more than half the existing joint-stock companies were brought into existence; that there has been an immense addition to our old joint-stock bank capital and other classes of enterprise; and let us now put these figures together, and endeavour to arrive at some approximate estimate of the progress of debt and investment during the short period of ten years.

The voluminous statistics furnished in the four following pages indicate clearly, among other information, what dimensions the existing colonial and foreign national indebtedness have now attained.

Possessions

Area.

Population

according to

the latest

Returns.

Asiatic.

India (British)

Straits Settlements

Ceylon

Labuan

Hong Kong

Sq. Miles.

950,919

1,225

24,454

45

32

Number

190,663,623

308,097

2,405,287

4,898

124,198

.

Total

AUSTRALASIAN.

New South Wales

Victoria.

South Australia

Western Australia

Tasmania

New Zealand

Queensland

323,437

86,831

383,328

987,000

26,215

106,259

678,000

527,682

752,445

187,851

25,353

101,785

266,986

125,146

2,575,309 3,298,353 10,614,330

3,717,155 3,708,938 11,994,800

1,057,192 1,115,752 2,325,900

97,606 107,148

346,467 441,528

1,294,400

1,672,301 2,657,587 8,900,991

823,169 787,556 4,047,850

10,289,199 12,116,862 29,178,271

8,981,219

12,341,995

2,158,023

198,011

778,087

4,078,193

1,539,968

7,784,766

14,557,820

3,582,397

199,281

740,638

5,282,084

2,434,486

Total

2,582,070

1,987,248

30,075,496

34,581,472

AFRICAN.

Natal

Cape of Good Hope.

St. Helena

Mauritius

Gold Coast

Sierra Leone

Gambia

16,145

200,610

47

708

6,000

468

21

289,773

566,158

6,444

318,584

408,070

55,373

14,190

198,421

836,174

16,508

616,953

28,609

71,986

17,490

149,694

764,915

18,439

600,962

29,094

73,631

16,663

350,000

2,093,400

10,000

1,100,000

472,444

3,107,838

85,291

2,044,246

250,672

305,850

102,066

562,109

3,585,996

22,617

3,120,529

295,208

327,700

153,101

25,000

Total

223,999

1,658,592

NORTH AMERICAN.

Canadian Dominion

B. Columbia and Vancouver's Island

377,045

213,000

3,497,714

50,000

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[blocks in formation]

550,000

1,800,000

$
3,635,000

£
3,900,000

£
*13,000,000

£
*10,000,000

[blocks in formation]

59,240,000
68,500,000

1,288,000
17,000,000
6,000,000
1,170,000

600,000

New}

Country.

Argentine Republic

Buenos Ayres

(New Debt).
Austria and Hungary
Belgium
Bolivia
Brazil
Chili
Colombia, or New

Granada
Costa Rica
Cuba
Danubian Principali

ties (Roumania)
Denmark
Ecuador
Egypt

(Daira Debt)
France
Germany

Prussia
Bavaria
Saxony
Wurtemberg
Baden

Other States
Greece

40,000,000
60,000,000

1,345,000
17,000,000
8,000,000
1,660,000

765,000

3,300,000
1,970,000

363,000
9,800,000

£
16,232,000

3,040,000
348,700,000
36,500,000

2,250,000
63,242,000
10,330,000
4,660,000
3,410,000
9,000,000
14,000,000
12,750,000

3,400,000
60,000,000
15,000,000
900,000,000

Nil
67,500,000
35,000,000
17,400,000
14,900,000
13,500,000
12,000,000
8,000,000

3,500,000
1,825,000

375,000
8,700,000

*4,000,000

760,000
5,550,000
137,900,000

*5,000,000

780,000
14,700,000
147,100,000

[blocks in formation]

43,150,000
From United

Kingdom.

19,230,000
To United
Kingdom.

*1,200,000

*1,300,000

*2,000,000

*3,000,000 334,000

41,000
40,000
116,000
150,000

150,000
51,863,000
9,747,000

25,000
3,640,000

202,000
54,680,000
9,319,000

25,000
3,740,000

45,570,000
5,238,000
4,695,000

851,000
51,085,000

490,000
44,353,000
4,859,000
4,827,000
1,228,000
43,497,000

7,601,000
•10,000,000

8,041,000
*9,000,000

1,030,000
300,000
12,400
51,000
*60,000
*600,000
500,000

37,700
7,770,000

10,000

1,100,000

* 250,000
26,801,000
*32,500,000

*750,000
9,000,000
*8,000,000

3,620,000
16,450,000
*1,000,000
*5,000,000
3,000,000
4,364,000
82,197,000

450,000

120,000
16,673,000
4,204,000
1,740,000
2,670,000
1,500,000
29,500,000

*2,000,000

5,791,000
5,319,000
68,056,000

234,000

* 2,000,000
5,898,000
4,967,000
68,109,000

222,000
21,850,000
2,650,000
1,135,000

860,000

1,023,000
4,922,000
363,000,000
8,645,000

100,000
30,100,000

225,000
80,511,000
1,000,000
3,000,000

Nil.
38,000,000
74,500,000
338,000,000

225,000

750,000
372,915,000

6,740,000
1,547,000

856,000
5,000,000
129,230,000

31,000,000
446,896,000
78,317,000
8,296,000
6,691,000

*6,000,000

5,630,000
55,500,000

600,000

6,250,000
4,510,000
52,750,000

760,000
*20,000,000

8,470,000
4,500,000

* 25,000,000

3,140,000
1,135,000

939,000

*20,000,000
11,030,000
5,750,000

182,700
168,000
121,000
15,200
65,000
860,000

Switzerlaredamenede- }
Turkey (in Europe

17,455,000

20,695,000

8,000,000
From United

Kingdom.
128,385,000

7,000,000
To United
Kingdom.
112,362,000

[blocks in formation]

3,772,000

3,098,000

Guatemala
Honduras.
Italy
Japan
Liberia
Mexico
Morocco
Netherlands

Java
Paraguay
Persia
Peru
Portugal
Russia
Salvador
San Domingo
Spain
S Sweden
'Norway

.

.

Tunis

and Asia)

States Uruguay. Venezuela

Grand Totals

21,129,300

300 445,281,000

000 540,096,000 548,834,000 3,707,303,000 712,598,000

647,534,000

* These figures can be only roughly estimated.

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