110 Years Ago
The national debts of the world now aggregate 42 billion dollars, having increased 20 percent in the last decade and doubled in the last 40 years. The interest and other annual charges amounted in 1912 to $1,732 million dollars, or an average of slightly more than four percent. The largest national debt is that of France at 6,284 million; Russia 4,553 million; United Kingdom 3,456 million; Italy 2,707 million; Spain 1,815 million; British India 1,475 million; Japan, 1,242…