Portugal a Survey of Her Wealth Economic Possibilities
Portugal a Survey of Her Wealth Economic Possibilities
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In our eReader you can find the full English version of the book. Read Portugal a Survey of Her Wealth Economic Possibilities Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Portugal a Survey of Her Wealth Economic Possibilities
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As soon as tne sterling values are negotiated normally in the Portuguese markets the exchange will ameliorate, the cost of living will decrease, and the Government finances will progress. Taxation to a certain extent must be enforced, but the psychological factors ol connaence and of the will to invest money within the country are perhaps more effective still. The amount of paper money in circulation, the floating debt, and the loans to the Treasury are such that the only possible policy would ...be to transform an unreal paper value into a payable asset. Such works as hydro- electric installations and irrigation schemes, would, within five years, change the face of public finances. Facilities granted to big hotel companies in order to attract foreigners to the watering places and to the winter stations of the country would result in a rapid affluence of gold into Portugal. It would be false to infer from the Budget that the state of aifairs is hopeless, in 1920, for instance, the gross revenue of agriculture, excluding dairy produce and stock breeding, was estimated, according to official data, at 572, 500, 000 escudos, or, at the then rate of exchange, 18, 892, 000.
What to read after Portugal a Survey of Her Wealth Economic Possibilities?
You can find similar books in the "Read Also" column, or choose other free books by Jos De Almada to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
As soon as tne sterling values are negotiated normally in the Portuguese markets the exchange will ameliorate, the cost of living will decrease, and the Government finances will progress. Taxation to a certain extent must be enforced, but the psychological factors ol connaence and of the will to invest money within the country are perhaps more effective still. The amount of paper money in circulation, the floating debt, and the loans to the Treasury are such that the only possible policy would ...be to transform an unreal paper value into a payable asset. Such works as hydro- electric installations and irrigation schemes, would, within five years, change the face of public finances. Facilities granted to big hotel companies in order to attract foreigners to the watering places and to the winter stations of the country would result in a rapid affluence of gold into Portugal. It would be false to infer from the Budget that the state of aifairs is hopeless, in 1920, for instance, the gross revenue of agriculture, excluding dairy produce and stock breeding, was estimated, according to official data, at 572, 500, 000 escudos, or, at the then rate of exchange, 18, 892, 000.
What to read after Portugal a Survey of Her Wealth Economic Possibilities?
You can find similar books in the "Read Also" column, or choose other free books by Jos De Almada to read onlineMoreLess
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