From 1791 to 1886 the aggregate net ordinary expenditures of the governmentthese expenditures being exclusive of payments on account of principal and interest of the public debtwere as follows, in millions of dollars: for the army, 4563; navy, 1106; military pensions, ~oo; miscellaneous, 2168; total 8737.
The average yearly disbursements during the decade, distributed according to object, were as Tollows: for civil list and miscellaneous objects, $143,697,123.09; army, $130,416,902.62; navy, $96,722,000.90; military pensions, $144,856,529.16; Indians, $12,966,563.00; on account of debt, $25,632,072.60; total, $586,942,920.
For that year the budget was already settled, and it was introduced by Mr Asquith himself, the ex-chancellor; but Mr Lloyd George earned golden opinions, both at the Treasury and in parliament, by his industry and his handling of the Finance Bill, especially important for its inclusion of Old Age Pensions, in the later stages.
The war expenditure of the Federal government has been estimated at $3,400,000,000; the very large sums devoted to the pensions of widows, disabled men, &c., are not included in this amount (Dodge).
The state board enacts by-laws for the administration of the system; its decision of controversies arising under the school law is final; it may suspend or remove a county superintendent for inefficiency or incompetency; it issues life state certificates, but applicants must have had seven years of experience in teaching, five in Maryland, and must hold a first-class certificate or a college or normal school diploma; and it pensions teachers who have taught successfully for twenty-five years in any of the public or normal schools of the state, who have reached the age of sixty, and who have become physically or mentally incapable of teaching longer, the pension amounting to $200 a year.