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Venezuela

Chapter 34: INTERNAL DEBT.
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About This Book

A concise travel‑scientific account combining on‑the‑ground observation with natural history and historical overview. It surveys the country’s physical geography and climate from coastal plains, lakes, mountain chains and upland plateaus to extensive savannas; explains regional geology and mineral resources; catalogs vegetation and wildlife across ecological zones; and traces pre‑Columbian and colonial eras alongside descriptions of towns, routes, and local industries. Practical notes on seasons, health, agriculture and economic potential are interwoven with descriptive travel episodes and illustrative maps and plates, offering both scientific detail and accessible field reportage.

APPENDIX E
THE NATIONAL DEBT OF VENEZUELA

(Years 1906 to 1910)

INTERNAL DEBT.

Branch. 1906. 1907. 1908. 1909. 1910.
£ £ £ £ £
Consolidated 3 per cent. stock[14] 1,299,448 2,175,210 2,354,300 2,389,668 2,399,309
Other 1,744,242 551,240 279,885 165,784 119,156
Totals 3,043,690 2,726,050 2,634,185 2,555,452 2,518,465

FOREIGN DEBT.

Branch. 1906. 1907. 1908. 1909. 1910.
£ £ £ £ £
National 3 per cent. bonds by diplomatic agreements 483,169 466,919 453,295 433,309 417,414
Provisional (Spanish) certificates 62 62 62 62 62
Diplomatic 3 per cent. debt 4,993,627 4,868,978 4,735,958 4,604,572 4,418,987[15]
Claims awarded by Hague Tribunal, 1903 883,799 777,514 647,344 518,409 359,562
Totals 6,360,657 6,113,473 5,836,659 5,556,352 5,196,025

FOOTNOTES

[1] This lake has recently been drained by an English syndicate, who have already found some evidence which tends to show that the story is substantially correct.

[2] “Another fourth part was discovered ... by Amerigo Vespucci: wherefore I do not see why it should not be justly permissible to name it after Amerigo the discoverer ... Amerigē, the land of Americus, or America.”

[3]Most magnificent Sir,—Among other papers of your worship’s found in this city, there was a letter addressed to me, with more offers and preambles than there are stars in the sky.”

[4] “Our Lord protect the most magnificent person of your worship,

“Your servant,

Lope de Aguirre.

[5] As usual, the second part of the original title was the name, or supposed name, of the local Indians.

[6] The word Guacharo connotes crying or lamenting in Spanish.

[7] Includes the municipality of Independencia. See Zulia.

[8] Does not include the municipality of Independencia. See Mérida.

[9] Omitting coal and coined gold, the totals for the four leading countries are as follows: U.S.A., £585,953; Great Britain, £581,559; Germany, £420,868; Holland, £152,501.

[10] Includes coined gold, £317 from Holland; £143,700 from U.S.A.

[11] Principally stearin.

[12] Very scattered.

[13] Includes postage stamps, for which allowance should be made under “Public Services.”

[14] Created in 1906 and increased by conversion of other branches in 1907.

[15] Great Britain, Italy, and Germany were paid in full before 1908; Belgium, France, Mexico, United States, Spain, Holland, Sweden, and Norway are still creditors.