Regional Municipality Councilors as Creditors: Concerning a Publication in the Dunav Newspaper of 1872 Cover Image

Околийските градски съветници като кредитори: по повод на една публикация на вестник „Дунав“ от 1872 г.
Regional Municipality Councilors as Creditors: Concerning a Publication in the Dunav Newspaper of 1872

Author(s): Hristiyan Atanasov
Subject(s): History, Economy, Cultural history, National Economy, Business Economy / Management, Comparative history, Economic history, Ethnohistory, History of ideas, Local History / Microhistory, Political history, Social history, Modern Age, Financial Markets, Human Resources in Economy, Socio-Economic Research
Published by: Център за стопанско-исторически изследвания
Keywords: Ottoman history; Tanzimat; municipal councils; interest; yearbooks

Summary/Abstract: The article presents the Tanzimat (the reform period)–created municipality councils and their role in the Ottoman province administrative system. The focus is on the capitals that these councils successfully accumulated and managed. The employees will be presented responsible for the cash funds in the area and the amount of money. These financial assets were used for giving loans with interest. Yet another proof that when there is strong market demand, combined with feeble supply, the normative acts are usually ignored. The research is based on the published ten volumes of Ottoman statistical yearly editions on the Danube area chronologically comprising the period from 1868/1869 to 1877/1878. Besides, several materials have been used taken from the officious newspaper Dunav (Danube). These represent the administrative framework where municipality councils are located and function. Special attention has been paid to one publication of 5th January 1872, which proves that the municipality councilors used to lend money with interest.

  • Issue Year: V/2020
  • Issue No: 1
  • Page Range: 135-149
  • Page Count: 15
  • Language: Bulgarian