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:
“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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)