Turning to the finances of the country, the following tables are as instructive as anything can be:
REVENUE AND EXPENDITURE OF THE SOUTH AFRICAN REPUBLIC.[{10}]
Fiscal period. Revenue. Expenditure. Remarks.
£ £
Aug. 1, 1871 to July 31, 1872 ... 40,988 ... 35,714
" 1, 1872 " Jan. 31, 1873 ... 43,239 ... 41,813
Feb. 1, 1873 " " 31, 1874 ... 49,318 ... 45,482 Gold discovered
in Lydenburg.
" 1, 1874 " " 31, 1875 ... 58,553 ... 61,785
" 1, 1875 " " 31, 1876 ... 64,582 ... 69,394
" 1, 1876 " " 31, 1877 ... 62,762 ... 64,505
" 1, 1877 " April 12, 1877 ... 25,752 ... 17,235
April 12, 1877 " Dec. 31, 1877 ... 54,127 ... 70,003
Jan. 1, 1878 " " 31, 1878 ... 76,774 ... 89,063
" 1, 1879 " " 31, 1879 ... 93,409 ... 177,596
" 1, 1880 " " 31, 1880 ... 174,069 ... 144,943
" 1, 1881 " Oct. 14, 1881 ... 25,326 ... 186,707 British Govt.
Aug. 8, 1881 " Dec. 31, 1881 ... 37,908 ... 33,442 Boer Govt.
Jan. 1, 1882 " " 31, 1882 ... 177,407 ... 114,476
" 1, 1883 " " 31, 1883 ... 143,324 ... 184,344
" 1, 1884 " Mar. 31, 1884 ... 44,557 ... 18,922
April 1, 1884 " " 31, 1885 ... 161,596 ... 184,820
" 1, 1885 " " 31, 1886 ... 177,877 ... 162,709 Sheba floated.
" 1, 1886 " Dec. 31, 1886 ... 196,236 ... 154,636 Rand proclaimed
Sept. 8, 1886.
Jan. 1, 1887 " " 31, 1887 ... 637,749 ... 594,834 Shares quoted
Johannesburg
Stock Exchange.
Telegraph
opened
Johannesburg
April 26, 1887.
" 1, 1888 " " 31, 1888 ... 884,440 ... 720,492 Boom, Nov. 1888
" 1, 1889 " " 31, 1889 ...1,577,445 ...1,201,135 to Jan. 1889.
Slump, Mar. 1889.
" 1, 1890 " " 31, 1890 ...1,229,061 ...1,386,461
" 1, 1891 " " 31, 1891 ... 967,192 ...1,350,074 Baring Crisis.
" 1, 1892 " " 31, 1892 ...1,255,830 ...1,187,766 Railway reached
Johannesburg
Sept. 15.
" 1, 1893 " " 31, 1893 ...1,702,685 ...1,302,054
" 1, 1894 " " 31, 1894 ...2,247,728 ...1,734,728
" 1, 1895 " " 31, 1895 ...2,923,648 ...1,948,249
" 1, 1896 " " 31, 1896 ...3,912,095 ...3,732,492
" 1, 1897 " " 31, 1897 ...3,956,402 ...3,898,816
" 1, 1898 " " 31, 1898 ...3,329,958 ...3,476,844
" 1, 1899 " " 31, 1899 ...4,087,852 ...3,951,234 (Budget).
The figures for the period from 1871 to the end of 1887 are taken from Jeppe's Transvaal Almanac for 1889. They represent the ordinary Revenue and Expenditure arrived at after the deduction of the items 'Special Receipts,' 'Special Deposits,' 'Deposits Withdrawn,' 'Advance Refunded,' 'Advances made' and 'Fixed Deposits' from the totals given in the Official Government Returns.
The figures for the years 1888 to 1899 are those of the published Government Returns after the deduction of—
Fixed deposits from 1888 to 1893 inclusive.
The sale and purchase of explosives from 1895 to 1898 inclusive.
The owner's share of claim licenses from 1895 to 1899 inclusive.
Delagoa Bay Customs Dues paid to the Netherlands Railway for 1898 and 1899.