The country has a debt (1905), including capital, annuities and interest, of some £.3,400,000.
All the members of the suppressed communities received full exercise of all the ordinary political and civil rights of laymen; and annuities were granted to all those who had taken permanent religious vows prior to the 18th of January 1864.
Princely abodes in France and annuities (the latter to be paid by Spain) - such was the price at which Napoleon bought the crown of Spain and the Indies.
In all the provinces they are under the control of the federal government which acts as their trustee, investing the money which they derive chiefly from the sale of lands and timber, and making a large annual appropriation for the payment of their annuities, schools and other expenses.
To raise money offices were systematically sold, and issue after issue of the two kinds of monti-securities, which may be roughly described as government bonds and as life annuities, was marketed at ruinous rates.