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: Bessarabia
Famous quotes containing the word economy:
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)