Finanz-Archiv (published by Schanz), Berlin, 1915 (32nd year, Vol. I):
Dr. Ernst Schultze, “French Capital in Russia” (pp. 125–33).
| “At the end of 1899 there were in Russia 146 foreign concession companies, with a total capital of 765 mil lion rubles or 2,075 million francs. Of this, 792 million francs belonged to France, 734 to Belgium, 261 to Germany and 231 to Great Britain” (125)....
| million francs | |||
|---|---|---|---|
| France | — | — | 792 |
| Belgium | — | — | 734 |
| Germany | — | — | 261 |
| Great Britain | — | — | 231 |
| Σ=2,018 | |||
“Out of a world total of 732,000 million francs in securities, such as: state and municipal loans, mortgage deeds, industrial shares and bonds, only 20,000-25,000 million francs are said to have been invested in Russia. The chief holders of these securities were (127):
| Σ | Σ | United States | 110- | 115 | thousand | million | francs | }} | 420 |
| 130 | Great Britain | 125- | 130 | ” | ” | ” | |||
| 100 | France | 95– | 100 | ” | ” | ” | |||
| 75 | Germany | 60- | 75 | ||||||
| 25 | Russia | 20- | 25 | ||||||
| 22 | Austria | 20- | 22 | ||||||
| +12 | Italy | 10- | 12 | ||||||
| 5 | Japan | 5 | ” | ” | etc. | ” 1 ) | |||
| __ __ | __ __ | __ __ | __ __ | ||||||
| 260 | 97 | (my Σ=) | 440- | 484 | |||||
| +12 | |||||||||
| 272 | [NOTE: 1st 2 cols. in BOX] | ||||||||
|
1 ) Axel von
Boustedt and David Trietsch, The Russian
Empire, Berlin, 1910, p. 227. |
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In France, during 1889-1908, securities were issued to the value of 24,000 million francs: 18,000 million abroad + 6,000 (25 per cent) in France.
In Germany, during 1883-1907, securities were issued to the value of 42,000 million marks: 10,000 million abroad and 32,000 (80 per cent) in Germany.
The French national wealth
(1905)— 204,000 million francs
1914 —about 250,000 ” ” (Caillaux,
who, however, took 200,000 million in calculating income tax).
In 1912, France invested in Russian enterprises in Russia 367,660,000 rubles = about 990 million francs (including 115.5 million rubles in railways; 96.25 million in state enterprises; 70.9 million in trade banks, etc.).
At the present time, foreign capital in Russia is approximately as follows:
| France | about 20 | thousand | million | marks |
| Germany | 4–5.5 | ” | ” | ” |
| Great Britain | 0.25 | ” | ” | ” |
| Belgium | 0.6 | ” | ” | ” |
| |
||||
| Σ (my) | 24–26.35 |
[[BOX ENDS: The author = a German chauvinist. Predicts gigantic French losses from the war: p. 133. ]]
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