The Argentine Republic General Descriptive Data Prepared in June 1909
The Argentine Republic General Descriptive Data Prepared in June 1909
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La I'lata. And P)ahia T'lanca in the order named. . Ml of these ports, ARGENTINE REPUBLIC. 15 with the exception of Rosario, showed an increase in imports over 1907. The expenditures reached a total of $103, 000, 000, leaving a surplus of $9, 000, 000.
The budget for 1909 as approved by the National Congress pro- vides for expenditures of $25, 907, 777 gold and ?=1 98, 344, 400, with estimated revenues of $67, 820, 433 and ^=100, 639, 516. Bank deposits in the Republic on January 31, 1908, aggr...egated $23, 538, 215 and ^'Sll, 026, 530, while the cash on hand on the same date amounted to $47, 570, 137 and ^230, 161, 400. The Government gold reserve for the conversion of national currency amounted to $126, 482, 515. 76, an in- crease of $21, 368, 644. 26 over 1907.
The capital of the Bank of the Argentine Nation was increased by a law authorizing the issue of bonds to the amount of $17, 177, 000 gold, secured by the general revenues of the Republic.
British capital continued to figure prominently in various enter- prises to the extent of £243, 000, 000, railways proving the principal attraction for investors, with government bonds in second place.
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To quickly assess the difficulty of the text, read a short excerpt:
La I'lata. And P)ahia T'lanca in the order named. . Ml of these ports, ARGENTINE REPUBLIC. 15 with the exception of Rosario, showed an increase in imports over 1907. The expenditures reached a total of $103, 000, 000, leaving a surplus of $9, 000, 000.
The budget for 1909 as approved by the National Congress pro- vides for expenditures of $25, 907, 777 gold and ?=1 98, 344, 400, with estimated revenues of $67, 820, 433 and ^=100, 639, 516. Bank deposits in the Republic on January 31, 1908, aggr...egated $23, 538, 215 and ^'Sll, 026, 530, while the cash on hand on the same date amounted to $47, 570, 137 and ^230, 161, 400. The Government gold reserve for the conversion of national currency amounted to $126, 482, 515. 76, an in- crease of $21, 368, 644. 26 over 1907.
The capital of the Bank of the Argentine Nation was increased by a law authorizing the issue of bonds to the amount of $17, 177, 000 gold, secured by the general revenues of the Republic.
British capital continued to figure prominently in various enter- prises to the extent of £243, 000, 000, railways proving the principal attraction for investors, with government bonds in second place.
What to read after The Argentine Republic General Descriptive Data Prepared in June 1909?
You can find similar books in the "Read Also" column, or choose other free books by International Bureau of the American Republics to read onlineMoreLess
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