Economy
- 1911: There were 165 loan societies, 117 savings banks, forty three professional savings and loan societies, and eight Zemstvo loan offices; all these had total assets of about 10,000,000 rubles. There were also eighty nine government savings banks, with deposits of about 9,000,000 rubles.
- 1918: There was only 657 miles (1,057 km) of railway; the main lines converged on Russia and were broad gauge. Rolling stock and right of way were in bad shape. There were about 400 locomotives, with only about one hundred fit for use. There were 290 passenger coaches and thirty three more out for repair. Finally, out of 4530 freight cars and 187 tank cars, only 1389 and 103 were usable. The Romanians reduced the gauge to a standard 56.5 inches (1.44 m), so that cars could be run to the rest of Europe. Also, there were only a few inefficient boat bridges. Romanian highway engineers decided to build ten bridges: Cuzlău, Ţuţora, Lipcani, Şerpeniţa, Ştefăneşti-Brănişte, Cahul-Oancea, Bădărăi-Moara Domnească, Sărata, Bumbala-Leova, Badragi and Fălciu (Fălciu is a locality in Romania. Its correspondent in Bessarabia is Cantemir.) Of these, only four were ever finished: Cuzlău, Fălciu, Lipcani and Sărata.
Read more about this topic: History Of Bessarabia
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)