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Semi Weekly Louisianian
New Orleans, Orleans County, Louisiana
What is this article about?
The United Kingdom reduced its national debt by 9,480,311 pounds in the financial year ending March 31, leaving a total of 737,400,237 pounds with 26,881,466 pounds annual interest. France will pay over 40,000,000 pounds in interest on its increased debt, compared to England's about 27,000,000 pounds.
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In the last financial year, ending
on the 31st of March last, the sum
of 9,480,311 pounds was actually
paid off on account of the national
debt of Great Britain and Ireland.
The Irish debt is very small—less
than 38,000,000 pounds sterling—
but the balance of 693,391,502
pounds is due by Great Britain.
The whole amount of the debt of
the United Kingdom, funded and
unfunded at the close of last March.
was 737,400,237 pounds and the
annual interest on this was 26,881,
466 pounds—rather a large sum to
pay off at the rate of nine or ten
million a year. In a few weeks
France will have to pay over 40,-
000,000 pounds as interest upon
her much-increased debt, as against
about 27,000,000 pounds paid by
England.
What sub-type of article is it?
What keywords are associated?
Where did it happen?
Foreign News Details
Primary Location
United Kingdom
Event Date
31st Of March Last
Outcome
9,480,311 pounds paid off; total debt 737,400,237 pounds; annual interest 26,881,466 pounds; france over 40,000,000 pounds interest vs. england's 27,000,000 pounds
Event Details
In the last financial year ending on the 31st of March last, 9,480,311 pounds was paid off on the national debt of Great Britain and Ireland. Irish debt less than 38,000,000 pounds; Great Britain balance 693,391,502 pounds. Total UK debt at close of last March: 737,400,237 pounds funded and unfunded, with annual interest 26,881,466 pounds. France to pay over 40,000,000 pounds interest soon on increased debt, against England's about 27,000,000 pounds.