The government therefore found itself obliged to inaugurate a system of direct subventions, not only to the old large companies, but also to new small ones, to encourage the development of branch and local lines, and local authorities were also empowered to contribute a portion of the required capital.
Departmental Finances.Every department has a budget of its own, which is prepared and presented by the prefect, voted by the departmental council and approved by decree of the president of the republic. The ordinary receipts include the revenues from the property of the department, the produce of additional centirnes, which are levied in conjunction with the direct taxes for the maintenance of both departmental and communal finances, state subventions and contributions of the communes towards certain branches of poor relief and to maintenance of roads.
Subventions from the departments and communes.
Fully three-fourths of the state contributions is expenditure on military necessities; in addition there are subventions to various colonies and to colonial railways and cables, and the expenditure on the penitentiary establishments; an item not properly chargeable to the colonies.
2.5d., and imperial subventions to a rate of is.
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