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The Quarterly Review, Volume 162, No. 324, April, 1886

Note 27 — 4. Publications of the Statistical Bureau, Christiania.

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In provinces of Russia Proper alone, the landed proprietors (exclusive of the ex-serfs) have mortgaged their estates in various land and other banks to the extent of 30-3/4 per cent. of their aggregate acreage, the total remaining debt on such lands being about 49 millions sterling at the present reduced value of the rouble, or 65 millions sterling at the rate of exchange adopted in estimating the indebtedness of the peasantry.

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