Business Digest Service Volume 25-26

Business Digest Service Volume 25-26

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1920 edition. Excerpt: ...Russify the country and spread the Orthodox faith. A portion of these estates were granted with special privileges to Russian statesmen. These were known as "majorat" and "fideikommiss," a tenure corresponding to primogeniture and entail. Thus the proprietor of a majorat estate had no right to sell or mortgage the same. and if he had no lawful successor the estate reverted to the government. The owner of a fideikommiss could dispose of his estate only to members of the family. Some estates were also granted to Russians in fee simple. In all, about 36 per cent of the total land area belonged to private landowners and big proprietors, possessing notless than 2000 hectares. Of the remainder, 60 per cent represented farms of not over 100 desiatiiis; 18.4 per cent farms from 100 to 1000 desiaitins; and 21.6 per cent farms over that area. Among those engaged in farming, 98.4 per cent were small holders of not more than 100 desiatins; 1.5 per cent were holders of from 100 to 1000 desiatins; and 0.l per cent big holders of 1000 desiatins and over. Of small farms not exceeding 3 desiatins, there were about 110,000 representing 28 per cent of the farming population. Half-a-million persons, or about 15 to 20 per cent of the agricultural population, were landless. CURRENCY REFORM BADLY NEEDED One of the most serious obstacles to the favorable development of Lithuania's foreign trade is the existing currency, which cannot be used direct for purchases abroad. The Ost rouble as an independent unit is not negotiable abroad at all. Vhen Lithuania wishes to make foreign purchases she must first convert Ost roubles into German marks, and with the latter buy the foreign currency in which purchases have to be made, at the current more

Product details

  • Paperback | 1018 pages
  • 189 x 246 x 51mm | 1,778g
  • United States
  • English
  • black & white illustrations
  • 1236949072
  • 9781236949073