The banking institutions are supervised by an inspector of finance, who reports annually to the General Assembly.
The administration of finance was as chaotic as the condition of parliament.
Depretis thereupon reconstructed his administration, excluding Nicotera, Melegari and Zanardelli, placing Crispi at the home office, entrusting Magliani with finance, and himself assuming the direction of foreign affairs.
Baron Sidney Sonnino, minister of finance in the Crispi cabinet, found a prospective deficit of 7,080,000, and in spite of economies was obliged to face an actual deficit of more than 6,ooo,000.
Signor Fortis then became premier and minister of the interior, Signor Maiorano finance minister and Signor Carcano treasury minister, while Signor Tittoni, Admiral Mirabello 1905 and General Pedotti retained the portfolios they had held in the previous administration.
Elected deputy in 1880, he distinguished himself by trenchant criticism of Magliani's finance, and upon the fall of Magliani was for some months, in 188 9, under-secretary of state for the treasury.
In view of the severe monetary crisis of 1893 he was entrusted by Crispi with the portfolio of finance (December 1893), and in spite of determined opposition dealt energetically and successfully with the deficit of more than £6,000,000 then existing in the exchequer.
Assuming then the leadership of the constitutional opposition, he combated the alliance between the Di Rudini cabinet and the subversive parties, criticized the financial schemes of the treasury minister, Luzzatti, and opposed the "democratic" finance of the first Pelloux administration as likely to endanger financial stability.
In Germany at the same period the feudal system debarred the Jews from holding land, and though there was as yet no material persecution they suffered moral injury by being driven exclusively into finance and trade.
Batthyany, who formed the first responsible ministry, could not refuse to admit Kossuth, but he gave him the ministry of finance, probably because that seemed to open to him fewest prospects of engrossing popularity.
At the head of the financial organization of France, and exercising a general jurisdiction, is the minister of finance, who co-ordinates in one general budget the separate budgets prepared by his colleagues and assigns to each ministerial department the sums necessary for its expenses.
The ministry of war is divided into branches for infantry, cavalry, &c.and services for special subjects such as military law, explosives, health, &c. The general staff (stat major de larme) has its functions classed as follows: personnel; material and finance; 1st bureau (organization and mobilization), 2nd (intelligence), 3rd (military operations and training) and 4th (communications and transport); and the famous historical section.
Finance, commerce, the national armaments by sea and land, judicial procedure, church government, education, even art and science - everything, in short - emerged recast from his shaping hand.
Meanwhile each party forms its own organization of chiefs, finance-officers and registrars at home, and sends ambassadors to foreign cities of the same complexion.
The royal commissioner for finance, Giacomelli, had, as a precautionary measure, seized the pontifical treasury; but upon being informed by Cardinal Antonelli that among the funds deposited in the treasury were 1,000,000 crowns of Peters Pence offered by the faithful to the pope in person, the commissioner was authorized by the Italian council of state not only to restore this sum, but also to indemnify the Holy See for moneys expended for the service of the October coupon of the pontifical debt, that debt having been taken over by the Italian state.
As finance minister in the Rattazzi cabinet of that year he had been confronted with a public debt of nearly 120,000,000, and with an immediate deficit of nearly 18,000,000.
Besides the premiership, Depretis assumed the portfolio of finance; Nicot~a, an ex-Garibaldian of somewhat tarnished reputation, but a man of energetic ~~t~ and conservative temperament, was placed at the ministry of the interior; public works were entrusted to Zanardelli, a Radical doctrinaire of considerable juridical attainments; General Mezzacapo and Signor Brin replaced General Ricotti Magnani and Admiral Saint-B on at the war office and ministry of marine; while to Mancini and Coppino, prominent members of the Left, were allotted the portfolios of justice and public instruction.
Persons who have held the licence to trade (sec FINANCE) for five years and upwards.
Bastable, Public Finance (1903).
~Colonial Finance.The cost of the extra-European possessions, other than Algeria and Tunisia, to the state is shown in the expenses of the colonial ministry.
At the time of her accession to office Charles changed the form of administration by the creation of three separate councils, those of State, of Finance, and the Privy Council.
Ferrara, successor of Scialoja, met a like fate; but Count Cambray-Digny, finance minister in the Menabrea cabinet of 1868-1869, driven to find means to cover a deficit aggravated by the interest on the Venetian debt, succeeded, with Sellas help, in forcing a Grist Tax Bill through parliament, though in a form of which Sella could not entirely approve.
Practically, therefore, the Right, of which the Minghetti cabinet was the last representative administration, left Italian finance with a surplus of 80,000.
Outside the all-important domain of finance, the attention of Minghetti and his colleagues was principally absorbed by strife between church and state, army reform and railway redemption.
In their anxiety to remain in office Depretis and the finance minister, Magliani, never hesitated to mortgage the financial future of their country.
Extravagant expenditure on railways and public works, loose administration of finance, the cost of colonial enterprise, the growing demands for the army and navy, the impending tariff war with France, and the overspeculation in building and in industrial ventures, which had absorbed all the floating capital of the country, had combined to produce a state of affairs calling for firm and radical treatment.
The management of finance was scarcely satisfactory, for though Giolitti, who had succeeded Magliani and Perazzi at the treasury, suppressed the formers illusory pension fund, he lacked the fibre necessary to deal with the enormous deficit of nearly 10,000,000 in 1888-1889, the existence of which both i Perazzi and he had recognized.
So vigorous was his treatment of Irredentism that he dismissed without warning his colleague Seismit Doda, minister of finance, for having failed to protest against Irredentist speeches delivered in his presence at Udine.
After two successful voyages, Eudoxus, impressed with the idea that Africa was surrounded by ocean on the south, left the Egyptian service, and proceeded to Cadiz and other Mediterranean centres of trade seeking a patron who would finance an expedition for the purpose of African discovery; and we learn from Strabo that the veteran explorer made at least two voyages southward along the coast of Africa.
A company to finance his case was formed in 1905, and in the autumn of 1907 he instituted a charge of perjury against Mr Herbert Druce, T.
On the outbreak of Kosciuszko's insurrection he returned to Poland, and as member of the national government and minister of finance took a leading part in affairs.