The Commercial and financial chronicle . Russia .. Spain Italy .. .. Total weekPrev. week Nov. 26 1908. Gold. Silver. 35135 40 122 48 15 37 8 4 4 4 1 £ ,287,326 395,000 402,000,874,000 778,000,176,000,078,700,140,000,248,000,705,000,732,000 ,740455,822,716 35,670,752 16, 6,419,000 12, ,000 3,927,100 2,070,000 114,410,852113,737,102 Total. £ .35,577 , , , , , , , 1,732, 714078000000000000000800000000000000 Nov. 28 1907, Gold. I Silver. 32 108
The Commercial and financial chronicle . Russia .. Spain Italy .. .. Total weekPrev. week Nov. 26 1908. Gold. Silver. 35135 40 122 48 15 37 8 4 4 4 1 £ ,287,326 395,000 402,000,874,000 778,000,176,000,078,700,140,000,248,000,705,000,732,000 ,740455,822,716 35,670,752 16, 6,419,000 12, ,000 3,927,100 2,070,000 114,410,852113,737,102 Total. £ .35,577 , , , , , , , 1,732, 714078000000000000000800000000000000 Nov. 28 1907, Gold. I Silver. 32 108 25 125 45 15 38 7 3 4 2 1 244,973013,516,,000689,000615,000146,000644,100422,000!,071,000!,558,000,806,000, Total. 37,283,777 10,718,000 5,112,000 11,607,000 25,655,000 ,600 4,979,100 1,711,000 £ 32,244,973 145,297,-293 36,704,000 130, 57,290,000 41,270,000 5,133,000 4,071,000 2, 1, ,59,818 408, 510, THE NEW TAXATION PLANS OF GERMANY. For many months it has been evident that the Ger-man Government would have to reconstruct its sys-tem of taxation to provide for the enormous increasein public expenses. A few months ago a thorough re-view of the situation, in the London Bankers Maga-zine, figured out that the actual naval expenditureof Germany has increased 260% since 1893, and that,\vith the extravagant plans for new naval construction,at least $100,000,000 of fresh annual revenue must beraised. At the same time, it had become more andmore evident that the meeting of these abnormal draftsthrough public loans was an expedient which wouldno longer fit the situation; Germanys debt had in-creased at a rate which threatened its becoming ahighly awkward burden if the plan of relying onborrowings to make good annual deficits was longerpursued. The problem was an unpleasant one; but since, likeso many other governments, the German Governmenthad comm
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