As a matter of fact, the marine budgets of the two years are almost identical.
Owing to the amount spent on railways, the Fiume harbour works and other causes, the Hungarian budgets after 1867 showed big annual deficits, until in 1888 great reforms were introduced and the finances of the country were established on a more solid basis.
In 1863 Fransen van de Putte, minister for the colonies, introduced the first of the annual colonial budgets for which the Regulations had provided, thus enabling the statesgeneral to control the revenue and expenditure of Netherlands India; in 1865 he reduced and in 1872 abolished the differentiation of customs dues in favour of goods imported from Holland, substituting a uniform import duty of 6% and establishing a number of free ports throughout the archipelago.
The budgets of 1919 and 1920 disclosed deficits of 5 billion and 3 billion kronen respectively, but in that for 1921 the revenue slightly exceeded the expenditure.
The budgets of the four islands in 1904 came to some X30,000, that of Mayotte being about half the total.
