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Decay Of Russian Nobility

Decay Of Russian Nobility image
Parent Issue
Day
9
Month
April
Year
1896
Copyright
Public Domain
OCR Text

Some startling statistics of the decay cf the Russian nnbjllty are given in the list of mor ?d estates furnished by the Briu n consul at St. Petersburg. At present more than 100,000 estates, or 41 per cent of the cntire área owned by nobles, are burdened by mortgages, and the amount of money advanced on them has reached $632,500,000, of which $586,000,000 remains unpaid. The Nobility Land bank, created by the government to make loans to stranded landlords, has advanced noarly its entire capital of $250,000,000, and received but little in return.

Article

Subjects
Old News
Ann Arbor Register