Verbatim Report of the Five Days Congo Debate in the Belgian House of Represent

Cover Verbatim Report of the Five Days Congo Debate in the Belgian House of Represent
Verbatim Report of the Five Days Congo Debate in the Belgian House of Represent
1906 Chambre Des Reprsentants Belgium Corps Legislatif
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To cover a deficit of 8 millions. The financial situation, so far as we can judge of it by the Budgets published by the Congo State, may be considered as excellent, and this notwithstanding that since 1901 the Congo State, being free, has contracted two loans, the first a loan of 50 millions, and another loan of 30 millions, 69 making altogether a total of 80 millions. Gentlemen, when I inter- pellated, in February, 1905, the Chancellor of the Exchequer, replying to the figures I have just quot...ed, declared that of the 80 millions which the Congo State had been authorised to borrow, the Congo State had only received 41 millions. M. Cattier, on the other hand, asserts that the real debt is one of 80 millions. A year ago, the Chancellor of the Exchequer merely asserted the above, without giving any proof, or without giving any details in support of his statement. M. Cattier, on the other hand, in order to arrive at the figure of 80 millions, which he gives in his book, calculates the amount of this debt according to the yearly figures given in the Budgets.

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