Abstract

Special Correspondence

The article presents information on financial developments in France. In the year 1879 the inhabitants of Paris will have to pay 600,000 francs for five centimes additional to the principal of the land tax, 452,300 francs for five centimes additional to the principal of the personal and furniture tax, 1767,000 francs for eight centimes additional to the principal of the patentes, 42,000 francs as additional to the tax on horses and carriages. These first centimes are called ordinary, as there is a law obliging all municipalities to levy them every year. There are other centimes which the municipalities are at liberty to levy, called special or extraordinary, but the law gives them the option to levy as many as they choose, provided they remain within a certain maximum limit.