Some industries have in addition special privileges allowed to them,
such as exemptions from land taxation, monopoly privileges in certain
districts, cheap coal from the State mines, etc. The Bulgarian national
system aims at supplementing the agricultural resources of the country
with industrial enterprises in every possible way. But agriculture is
not neglected by the Government, and a special department exists to
encourage improvement in cultivation and cattle-raising. This department
has set up departmental councils, which distribute seeds every year.
They make considerable grants to improve the breed of cattle. They also
encourage progress in the farmers by organising competitions for
poultry-rearing, fruit-growing, etc. Scholarships have been granted to
a number of young men who wish to take up farming, so as to allow them
to study methods in foreign agricultural schools.
Further, there is an agricultural bank which, curiously enough, dates
back from the Turkish days. In 1863, Midhat Pasha, Governor of the
Danubian Vilayet (_i.e._ Bulgaria), prepared a scheme for the creation
of "urban" banks, which were intended to assist the rural population.
The scheme having been approved by the Turkish Government, several of
these banks were established. The peasants were allowed to repay in kind
the loans which were advanced to them, the banks themselves selling the
agricultural products. With the object of increasing the capital of the
banks, a special tax was introduced obliging the farmers to hand every
year to these institutions part of their produce in kind. These banks
advanced money at 12 per cent interest--instead of up to 100 per cent,
as the usurers generally did. The Turkish Government afterwards extended
the reform to the whole Empire, and obliged the peasants to create
similar banks in all the district centres. During the Russo-Turkish War
several of these banks lost their funds, the functionaries of the
Turkish Government having carried them away, as well as the securities
and other property belonging to the banks' clients. After the war, the
debtors refused to pay, and only part of the property of the banks was
restored by means of the issue of new bonds. In 1894 the Bulgarian
Government passed a law setting on a firm foundation these agricultural
banks, and they have continued since to do good work for the peasant
proprietors.
Public-domain text, read in full here on John Shaqi.
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