It wrecks economies and never, ever works.
The task was no pleasant one, for he had to agree to economies where he considered that more outlay was needed, and he had to disappoint the hopes of the many officers who were left unemployed by the peace.
The largest of the studs is that at Mezohegyes (founded 1785) in the county of Csanad, the most extensive and remarkable of those " economies," model farms on a gigantic scale, which the government has established on its domains.'
Baron Sidney Sonnino, minister of finance in the Crispi cabinet, found a prospective deficit of 7,080,000, and in spite of economies was obliged to face an actual deficit of more than 6,ooo,000.
The growth of railways has been accompanied by a world-wide tendency toward the consolidation of small independent ventures into large groups of lines able to aid one another in the exchange of traffic and to effect economies in administration and in tl-_e purchase of supplies.
