The revenue of the city is derived entirely from licences and indirect taxation. Real estate is not directly taxed, and the municipality does not receive directly anything from it. The Island of Cuba imposes, among other taxes, a duty of 12 per cent. on the estimated rental value of all houses in the city and country, and it pays over to the city of Havana 18 per cent. of the amount thus collected on rents within the city limit. The Island of Cuba also levies a tax on industry, commerce, and professions, and it pays over to the city of Havana 25 per cent. of all such taxes collected within the city limits. The other sources of city revenue, which are directly collected by the municipality, are the rent of houses owned by the municipality, revenues of the waterworks, slaughter-house, and markets, taxes on meat, coke, and wood, licences on factories and business of all kinds, and various minor licences. The total estimated revenue for the year 1897-98 is slightly in excess of $2,000,000, and the principal items, taken from the budget, are as follows: 1. Rent of houses owned by the city............. $159,598.16 2. Special taxes and licences: Street vendors............................. $ 15,000.00 Slaughter-house............................ 163,000.00 Water rents................................ 300,000.00 Tax on pleasure houses..................... 12,000.00 Tax on wood................................ 9,000.00 Tax on charcoal and coke................... 44,660.00 Licence on factories....................... 26,000.00 Licence on advertisements and signs........ 8,101.90 Sundry licences, etc. ..................... 12,496.00 -------------- 590,257.90