In connection with the rights of this company another question, affecting the finances, was soon to arise. By its charter the company was entitled to collect the revenues of the colony; that is to say, the taxes levied on the sale of beaver and moose skins. The tax on beaver skins was twenty-five per cent, called le droit du quart; the tax on moose skins was two sous per pound, le droit du dixieme. There was also the revenue obtained from the sale or farming out of the trading privileges at Tadoussac, la traite de Tadoussac. All these formed what was called le fonds du pays, the public fund, out of which were paid the emoluments of the governor and the public officers, the costs of the garrisons at Quebec, Montreal, and Three Rivers, the grants to religious communities, and other permanent yearly disbursements. The company had the right to collect the taxes, but was obliged to pay the public charges. Writing to Colbert, Talon said he would have been greatly pleased if, in addition to these rights, the king had retained the fiscal powers of the crown. He declared that the taxes were productive, yet the company's agent seemed very reluctant to pay the public charges. Colbert, of course, decided that the company, in accordance with its charter, was entitled to enjoy the fiscal rights upon condition of defraying annually the ordinary public expenditure of the country, as the company which preceded it had done. Immediately another point was raised. What should be the amount of the public expenditure, or rather, to what figure should the company be allowed to reduce it? Talon maintained that the public charges defrayed by the former company amounted to 48,950 livres. [Footnote: The livre was equivalent to the later franc, about twenty cents of modern Canadian currency.] The company's agent contended that they amounted only to 29,200 livres and that the sum of 48,950 livres was exorbitant, as it exceeded by 4000 livres the highest sum ever received from farming out the revenue. [Footnote: It was the custom in New France to sell or farm out the revenues. Instead of collecting direct the fur taxes and the proceeds of the Tadoussac trade, the government granted the rights to a corporation or a private individual in return for a fixed sum annually.] To this the intendant replied by submitting evidence that the rights were farmed out for 50,000 livres in 1660 and in 1663; moreover, the rights were more valuable now, for with the conclusion of peace trade would prosper. In the end Colbert decided that the sum payable by the company should be 36,000 livres annually. The ordinary revenue of New France was thus fixed, and remained at that sum for many years.