Agricultural Organizalion.In France the interests of agriculture are entrusted to a special ministry, comprising the following divisions: (1) forests, (2) breeding-studs (haras); (3) agriculture, a department which supervises agricultural instruction and the distribution of grants and premiums; (4) agricultural improvements, draining, irrigation, &c.; (5) an intelligence department which prepares statistics, issues information as to prices and markets, &c. The minister is assisted by a superior council of agriculture, the members of which, numbering a hundred, include senators, deputies and prominent agriculturists.
Among a variety of premiums awarded by the state are those for the best cultivated estates and for irrigation works, and to the owners of the best stallions and brood-mares.
Inasmuch as the debenture stocks and preference shares would have to be redeemed in 1911 at premiums ranging from 3 to 5 per cent., the state would have to pay the company £253,000 in excess of the total of the outstanding securities in order to enable the ordinary shares to receive par, and in the council's view this payment would diminish the p robability of the Post Office being able to afford a substantial reduction in the telephone charges.
In addition to an initial endowment by the state, part of the annual income of the fund is furnished in various forms by the state (principally by making over a proportion of the profits of the Post Office Savings Bank), and part by the premiums of the workmen.
To permit the steady execution of a normal programme of shipbuilding, the Italian Chamber, in May 1901, adopted a resolution limiting naval expenditure, inclusive of naval pensions and of premiums on mercantile shipbuilding, to the sum of 4,840,000 for the following six years, i.e.
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