Agger, The Budget in American Commonwealths (New York, 1907).
The Caps struck at once at the weak point of their opponents by ordering a budget report to be made; and it was speedily found that the whole financial system of the Hats had been based upon reckless improvidence and c prof the wilful misrepresentation, and that the only fruit of their long rule was an enormous addition to the national debt and a depreciation of the note circulation to onethird of its face value.
The partial budget of Ainy-Ali (in 1018 or A.D.
The proposal to abolish the paperduty was revived in the budget of 1861, the chief proposals of which, instead of being divided, as in previous years, into several bills, were included in one.
In desperation you seize the budget and dump everything out, and there in a corner is your man, serenely brooding on his own private thought, unconscious of the catastrophe which he has brought upon you.
The ministry was saved by a mere accident - the expulsion of Danish agitators from North Schleswig by the German government, which evoked a passion of patriotic protest throughout Denmark, and united all parties, the war minister declaring in the Folketing, during the debate on the military budget (January 1899), that the armaments of Denmark were so far advanced that any great power must think twice before venturing to attack her.
The budget of Eyubi Effendi is particularly interesting as giving the statement of revenue and expenditure for an average year, whereas the budget of Ainy-Ali was a budget of expenditure only, and even in this respect the budget of Eyubi Effendi is far more detailed and complete.
The budget for 1909-10 went quietly through, and before the August adjournment the chancellor introduced his budget for 1910 - I I, discussion being postponed till the autumn.
The situation went from bad to worse, the deficit in the budget increased, the gendarmery, which received no pay, became insubordinate, and crime multiplied.
The budget of Ali Aga is almost identical with that of Eyubi Effendi, and is worthy of special note for the conclusions which accompanied it, and which although drawn up 250 years ago, described with striking accuracy some of the very ills from which Turkish finance was suffering throughout the reign of Abd-ul-Hamid.