| Ministry of the Interior | $ 901,079 | ||
| Ministry of Foreign Affairs | 99,538 | ||
| Ministry of Finance | 729,491 | ||
| Ministry of Justice, &c. | 487,940 | ||
| Ministry of War and Marine | 3,116,593 | ||
| Service of Public Debt | 2,573,626 | ||
| $7,908,267 | or | £1,581,649. |
The surplus revenue over ordinary expenditure is applied to defray the extraordinary war expenses.
The above revenue is distinct and independent of the private revenues, both State and Municipal, of the different Provinces of the Republic, which are raised for local purposes.
The Public Debt of the Republic at this time is as follows:—
External.—Old Buenos Ayres Debt (London Loan of 1824) now in charge of the nation, say:—
| Original Six per Cent. Stock | £ 905,800 | ||
| Deferred Three per Cent. do. | 1,110,900 | ||
| Argentine Six per Cent. Loan of 1866 | 540,000 | ||
| Total | £2,556,700 |
Internal.—
| Consolidated Six per Cent. Argentine Stock | $12,839,535 | or | £2,567,907 |
| Buenos Ayres Public Stock (in paper currency) | 596,988 | ||
| Paraná Debt 1858, including Interest | 433,309 | ||
| Obligations to Foreign Creditors | 18,852 | ||
| Loan from Brazilian Government 1851 | 228,541 | ||
| Loan from Brazilian Government 1865-66 | 400,000 | ||
| Total | £4,245,597 |
There is besides a floating debt in Treasury Bills to a moderate amount, which is being rapidly cancelled.
I think this statement, combined with the facts I have elsewhere given from personal experience and observation, as to the rapidly extending commerce of the Argentine Confederation, will fully bear out the favourable impression that is now gaining ground in England, and in Europe generally, as to the bona fide security presented by Argentine bonds; and I must say that, looking back to the conscientious course pursued by the Government, no country in the world deserves more to enjoy the confidence of British capitalists.