Salt Lake Tribune | 1902-03-23 | Page 2 | Finances of Chile

FINANCESOF CHILE J Publi Documents Show Republic in Fine Condition Santiago Chile March 22 According lo public documents tho finances of Chile are In line condition Tho Government has sufficient funds to moot the ordinary and extraordinary expenses of the admin Istratlon without being 1 obliged to resort to tho loan of 3000OCO authorized by tho Congress Tho ordinary and extraordinary expenses In Buropo arc placed at 300000 while nitrate duties will produco 3250000 loav Inj a surplus Tho saltpetre duties will give 250000 and In addition there will bo remittances from Europe of 3100CO Tho Government It Is announced will practice economics Tho budget propones tho salo of the saltpetre and guano fields and grounds on tho Straits of Magellan which will render It unnecessary to have recourse to the proposed loan