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They had on board, according to the registers, 1,914,176 dollars worth of bullion for the king, and 6,086,617 dollars for merchants, or 8,000,000 dollars in all, besides rich cargoes of silk, cochineal, sarsaparilla, indigo, Brazil wood, and hides; the result of two years of pressure upon Peruvians, Mexicans, and Brazilians. Never had Spanish finances been at so low an ebb.

During a peace of about seven years continuance, the prudent and truly patriotic administration of Mr. Pelham was not able to pay off an old debt of six millions. During a war of nearly the same continuance, a new debt of more than seventy-five millions was contracted. On the 5th of January 1775, the funded debt of Great Britain amounted to £124,996,086, 1:6¼d.

But Germany has only 1,770; Belgium, 510; France, 2,086; and Russia only in her expansion of territory leads Europe in this respect, and has now 30,000 square miles of coal-beds. But see the use England makes of this material: in 1877, she took out of the ground 134,179,968 tons. The United States the same year took out 50,000,000 tons; Germany, 48,000,000; France, 16,000,000; Belgium, 14,000,000.

The exact number of Italian immigrants, as registered by the Emigration Bureau, from July 1, 1891, to June 1, 1902, a month short of eleven years, was 944,345. And they come in greater numbers every year. In 1898, 58,613 came over, of whom 36,086 gave New York as their destination.

But Germany has only 1,770; Belgium, 510; France, 2,086; and Russia only in her expansion of territory leads Europe in this respect, and has now 30,000 square miles of coal-beds. But see the use England makes of this material: in 1877, she took out of the ground 134,179,968 tons. The United States the same year took out 50,000,000 tons; Germany, 48,000,000; France, 16,000,000; Belgium, 14,000,000.

Of the disbursements there were for the civil service $23,253,922.08, for pensions and Indians $4,216,520.79, for interest on public debt $24,729,846.51, for the War Department $599,298,600.83, for the Navy Department $63,211,105.27, for payment of funded and temporary debt $181,086,635.07, making the aggregate $895,796,630.65 and leaving the balance of $5,329,044.21.