Size
Ottoman Empire
- In 1875 the nominal public debt was £200,000,000, with annual interest and amortization payments of £12,000,000, more than half the national revenue.
- In December 1881, the debt was reduced from £191,000,000 to £106,000,000 with the government's concessions to the OPDA.
Republic of Turkey
- During the Paris Conference of 1925, the Republic of Turkey agreed to pay 62% of the Ottoman Empire's pre-1912 debt, and 77% of the Ottoman Empire's post-1912 debt. With the Paris Treaty of 1933, Turkey decreased this amount to its favour and agreed to pay 84.6 million liras out of the remaining total of 161.3 million liras of Ottoman debt. The last payment of the Ottoman debt was made by Turkey on 25 May 1954.
Read more about this topic: Ottoman Public Debt
Famous quotes containing the word size:
“One writes of scars healed, a loose parallel to the pathology of the skin, but there is no such thing in the life of an individual. There are open wounds, shrunk sometimes to the size of a pin-prick but wounds still. The marks of suffering are more comparable to the loss of a finger, or the sight of an eye. We may not miss them, either, for one minute in a year, but if we should there is nothing to be done about it.”
—F. Scott Fitzgerald (1896–1940)
“Great causes are never tried on their merits; but the cause is reduced to particulars to suit the size of the partizans, and the contention is ever hottest on minor matters.”
—Ralph Waldo Emerson (1803–1882)
“The obese is ... in a total delirium. For he is not only large, of a size opposed to normal morphology: he is larger than large. He no longer makes sense in some distinctive opposition, but in his excess, his redundancy.”
—Jean Baudrillard (b. 1929)