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Updated: May 7, 2025
This year also the annual postal subventions to the Austrian Lloyd were increased $1,486,586, for a further period of fifteen years. This contract called for an increase of speed to the Levant and the Orient. The Suez Canal tolls were to be paid by the Government as before.
The politicians make fuel for their furnace, and presently the institution finds itself facing a grave deficit, perhaps ruin, for the minister of instruction does not favour further subventions, though he is a school friend of Bernhardi; worse follows, the board of directors is split, some of its Jewish members going so far as to say that Bernhardi should not have refused the consolations of religion to the dying.
In Great Britain they comprise postal subsidies and naval subventions, ostensibly payments for oversea and colonial mail service exclusively, or compensation for such construction of merchant ships under the Admiralty regulations as will make them at once available for service as armed cruisers and transports.
E.G. Babbitt, Yokohama, in Con. Gen. Thomas Sammons, Yokohama, in Daily Con. Brazil gives subventions from the Federal treasury to several foreign steamship companies, and some of the States of the federation also make similar grants from their treasuries.
When more money was needed in 1869, the government agreed to renounce the interest on the shares held by it for twenty-five years, and more bonds were issued. By help of these subventions and loans the work was pushed onward with great vigour.
This letter sets forth the platform upon which Lassalle proposed to make his appeal for the support of the working classes. The two main planks of the platform were the demands for manhood suffrage and for the establishment of coöperative factories and workshops with the aid of subventions from the State.
An overly generous social safety net, a sprawling bureaucracy, inane laws and regulations about everything from the environment to the welfare of pigs, paralyzed decision-making processes and deleterious subventions can all scupper progress and depress entrepreneurship and innovation.
The aged poor have been provided with pensions by the State, and the Insurance Act of last year will shortly call for additional subventions from the Imperial Treasury. In addition to the new duties thus undertaken by the State, the cost of Defence and of the Civil Services has grown by leaps and bounds.
That was a great concession to the self-government of the Mother Country. There is no doubt a great difference between subventions and preferences. A subvention may be raised by a perfectly orthodox fiscal process. No more money is taken from the taxpayer than is required.
With the exception of a few private schools, primary education is in the hands of the municipalities, which are assisted by small subventions from the national government. In the municipalities there is more enthusiasm for education than in Congress, if we judge from the figures presented by the budgets.
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