BUDGET FOR 1910-11.

The estimates for the financial year 1910-11, approved by the National Assembly, and published in the Diario Oficial of June 6, 1910,[3] were practically identical with those for the preceding year.

The details are shown below:

ESTIMATES OF REVENUE, 1910-11.
Customs Revenue.
Imports:$ Silver.
Import duties3,100,000
Fiscal tax of 30 per cent.600,000
Taxes of $3.60, $2.40, and $0.50 gold per 100 kilos1,952,500
Storage, etc.285,000
Sundry receipts148,500
Exports:
Coffee export duty of $0.40 gold per 46 kilos600,000
Coffee export duty of $0.121⁄2 for internal development in the Capital75,000
Coffee transit permits80,175
Tax of $1.50 per 100 kilos in favour of Central Railway4,000
Sundry receipts66,557
Internal Revenue.
Liquor tax2,500,000
Stamps and stamped paper264,500
Internal Excise126,500
Post-Offices, Telegraphs, and Telephones270,250
National Printing-Office25,000
Penitentiaries30,000
Powder, saltpetre, and cartridges65,000
Public Registry38,000
Sundry receipts88,800
Total$10,319,782
ESTIMATES OF EXPENDITURE, 1910-11.
$ Silver.
National Assembly40,980
Presidency of the Republic41,340
Department of Finance670,256
Department of Internal Development636,800
Department of Government1,250,463
Department of Foreign Affairs116,080
Department of Justice507,192
Department of Public Instruction714,652
Department of Beneficence529,336
Department of War and Marine2,573,510
Department of Public Credit3,291,260
Total$10,371,869
SUMMARY.
Revenue$10,319,782
Expenditure10,371,869
Estimated deficit$52,087

In regard to this Estimated Deficit, which in any case is very small, it is to be mentioned that in November of this year (1911) an additional export tax upon coffee, of 30 cents (gold) per 100 kilogrammes comes into effect, although only for two years, and it is expected to produce $180,000 (gold). This additional revenue will wipe out the small anticipated deficit, and leave a considerable surplus, for the present year.

Artillery on Parade Ground, San Salvador Barracks.