Finance and commerce£89,558
Foreign relations46,714
War and marine167,568
Interior and agriculture111,931
Justice36,095
Public instruction82,245
Public worship12,586
District chest (communes)75,160
Sinking fund202,876
————
£824,733

The latest budget I have before me is that of 1881. It is as follows:—

Finance and commerce£67,610
Foreign relations48,954
War214,837
Interior298,913
Justice54,565
Public instruction115,037
Public worship13,875
————
£813,791

The amount of the income to meet this expenditure is not stated.

The circulating medium in the early days of Haytian independence consisted of foreign gold and silver coins, and then some fabricated in the country, of inferior quality and appearance, of both silver and copper. In 1826, President Boyer beginning to feel the pressure of his engagements with France, issued paper notes of different values. Being irredeemable, they soon fell to a heavy discount, 3½ to 1. The succeeding Governments, as I have noticed, continued the same course, until, on the accession of Soulouque to power, the exchange was about 4½ to 1. The unchecked emissions after he ascended the imperial throne gradually lessened the value of the paper, until, in 1858, it was 18 to 1.

Some order having been put into the finances by General Dupuy, the exchange in 1863 was more favourable, being 12½ to 1; the troubles which succeeded in 1865 sent it to 17 to 1; and with the revolutionary Government of Salnave and the civil war that followed it went down like the assignats during the French Revolution,—in 1857, 30 to 1; in 1859, 3000 to 1.

The issues of Salnave’s Government were so discredited that they were at one time exchanged at 6500 paper dollars for one of silver. Until lately the American dollar and its fractions, with a plentiful bronze currency, sufficed for all wants. Now, however, a special Haytian dollar is being coined, with the object apparently of preventing its export—a very futile expedient, as experience proves.

A sort of National Bank, managed principally by Frenchmen, was established a few years since, but its operations do not as yet appear to have had much influence on the country. As the bank, however, has some control over the collection of duties, it may introduce a more honest perception of these imports; but I do not think the managers will find that their lines have fallen in pleasant places.

THE END.