Sentence Examples


  • From 1885-1886 onwards, outlay on public works, military and colonial expenditure, and especially the commercial and financial crises, contributed to produce annual deficits; but owing to drastic reforms introduced in 1894-1895 and to careful management the year 1898-1899 marked a return of surpluses (nearly 1,306,400).
  • The annual surpluses are largely accounted for by the heavy taxation on almost everything imported into the country, i and by the monopolies on tobacco and on salt; and are as a rule spent, and well spent, in other ways.
  • From 1876, when equilibrium between expenditure and revenue had first been attained, taxation yielded steady annual surpluses, which in 1881 reached the satisfactory level of 2,120,000.
  • After 1896 substantial annual surpluses were spent in reducing taxation and in the extinction of debt.
  • This was constituted in 1886 and was chiefly made up of the net savings of the Egyptian government on its share of the annual surpluses from revenue.

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