Lenin: 1916/ni-beta: MEHRENS, FRENCH BANKS (original) (raw)
Vladimir Ilyich Lenin
NOTEBOOK “β”
(“BETA”)
MEHRENS, FRENCH BANKS
Bernhard Mehrens, The Origin and Development of the
Big French Credit Institutions, Berlin and Stuttgart,
1911. (Munich Economic Studies, Brentano and Lotz;
No. 107.)
p. 311: French capital in securities (the same figures from Neymarck, as also in Kaufmann; see preceding page of this notebook).[1]
| | 000 million francs | | | | | | | | | | ----------------------- | --- | | | ----- | - | | | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | N.B. | | | | 1850— | 9 | | | Annual accumulation of capital in France—about1,500-2,000 million francsaccording to Neymarck (pp. 311-12),—butas much as 2,500-3,000 _million_according to Leroy-Beaulieu (p. 312, note). | | 1869— | 33 | | | | | | | | | 1880— | 56 | | | | | | | | | 1890— | 74 | | | | | | | | | | 1902— | 90 | | | | | | | | | 1906— | 100 | | | | | | | |
| Total value of bills in France | ||||
|---|---|---|---|---|
| ⎧⎨⎩ | in 1908 the Banque deFrance had 21.5 millionbills valued at 12,300 millionfrancs, p. 263 | ⎫⎬⎭ | 1881— | 27.2 thousand mill. fr. |
| 1890— | 25.2 (p. 211) | |||
| 1900— | 28.9 | |||
| 1907— | 35.9 |
| Capital Reserves (million francs) | |||
|---|---|---|---|
| 1892— | 250+ | 69.5 | This is the capital and reserves of four banks: Crédit Lyonnais, Comptoir National,Société Générale + CréditIndustriel (p. 240). |
| 1900— | 500+ | 144.7 | |
| 1908— | 575+ | 216.2 | |
| in four banks |
Notes
[1] See pp. 142-44 of this volume.—Ed.