temperature than might be expected. At Reykjavik the annual mean
temperature is + 4.1° C. (39.4 F.); the mean temperature in January,
the coldest month of the year, is + 1.2° C., while in July, the warmest
month of the year, it is 4 10.9° C. But the state of the weather
is very unsettled, exhibiting not only sudden changes from day to day,
but the same season may from year to year show great fluctuations in
the weather conditions.
The warm current of The Gulf Stream which, as a rule, encircles
the land, has a marked influence on the climate. But as Iceland is situated
at the outer edge og the Gulf Stream, cold currents from the Polar
basin occasionally touch its northern and, especially, its eastern coasts,
imparting a great deal of chilliness to the weather. The Polar ice, too,
has a considerable influence on the climate, for during the latter part
of the winter and in spring it is always near the north-western coast
of the land, and sometimes piled close against its shores. When this
ice arrives in large masses or sheets, it blockades the harbours and
considerably lowers the temperature. The floes are most frequently
seen on the north, but sometimes also on the east coast, while to the
southern shores and the west coast, farther south than the Lifrabjarg,
they hardly ever come. From September to December Polar ice is
rarely seen near the Icelandic coasts.
As the country is very mountainous, there is rarely the same kind of
weather all over it at one and the same time. Southerly winds are
generally accompanied by precipitation in the south, by dry weather
and warmth in the north. On the other hand, when the wind blows
irom the north there is fair weather in the south, but cold and precipitation
in the north. In wintertime storms are frequent, and often rise
fo a gale of wind, whereas calm weather is rare. In the south the annual
precipitation in the lowlands amounts to 1300 mm., while it is still
heavier in the mountains, or about 2000 mm. The north is much drier,
with an annual precipitation not exceeding 300—400 mm. Fogs are
rather frequent on the eastern and (though in a less degree) on the
northern shores, while the southern and, especially, the western coasts
have but few foggy days a vear. Thunderstorms are very rare.
FLORA
At the time of its colonization Iceland (i. e. the lowlands) was overgrown
with birch wood, which by reckless waste and grazing, especially
by sheep, was gradually reduced to such a degree that only scatlered
remnants were left here and there. Buf of late steps have been
239
c. Die Auslandschulden der einzelnen Länder,
1. Großbritannien, Übersicht 15.
Die Entwicklung der Auslandschulden Großbritanniens 1919 bis 1926.
Stand am 31. März.
1919 | 1920 | 1921 1922 | 1923 | 1924 1925 1926
Anleihe und Land #_ | AAN = A
in 1 000 £1)
American Loan ( Anglo-French Loan) ... 51 370-1 51370
Other Debt payable in sterling:
5°), Exchequer Bonds, 1922 (Japanese
SE) Er REKEN AH 828 828 828 3 — = -
6°/, Swedish Notes, 1920 0.000004 0 2693 — — — — — —
5°/, Loan from Straits Settlements, 1934 — 1371 1:753 11753 1 753 17531. 1763 ‘753
Other Debt payable Abroad:
USA Government Loan............... ] 840822 | 865651 862360| 856093 | 957 740 940479 | 935 753. 930 822
81/,°), Ten Years‘ Bonds... 0.004070 = 30489 .25875| 23906/ 15342 13089| 9901 4 001
51/,°/, Three Year Notes, 1922 ....... | _ 20881. 19542] 10928 > —
51/,°/, Three and Five Year Notes
1019 AT a He 53 325 U 26 516 22 %06 A — — — —
51/9, Twenty Year Bonds, 1937 ..... ] 29504 29504 29 504, 29504 29504 29504 29504 29504
Dollar Treasury Bills ........006++ +9 170 9.280 3432 — = — —
Dollar Treasury issued to Dutch Petr. Co. * 2920 — — = — = _— —
69/, Centr. Argentine Railway Co. Loan
IT ee ange nn 3082 _ 3082| 3082. 3082| 3082. 3082 3082 3082
Mssrs. J. P. Morgans Loan ......... 14897 — = — — — —
Miscellaneous (Rifle Contracts) etc. ...‘ 6744 — = — _— _— -
lanada:
Government Lo uk er ER 91808: 372971 27190 25360 142327
Dollar Treasury Bills ....0.000000.4 884 —
Tapan:
Yen Treasury Bills 0.40. nn rn nern 8 788 7170
6°/, Yen Exchequer Bonds, 1919 ..... 10 242 _
Argentine:
5°), Government Loan, 1921 .......... 19 200... 19 200
Uruguay:
58°), Government Loan, 1920. ......... 4 600 5 954
Holland;
5°/, Exchequer Bonds, 1920 (Dutch
SU) ern ee em ra ea 1152 743
Florin Treasury Bills (One Year) .... 58
(Government Loire Mn nn 1478 -
Government Loan (Interned Prisoners) 662 - ;.
Sıpiss Banks Bills 2.0.0000 ren er Da 3349 —-7
Sweden:
6°/, Three Year Kronor Notes, 1921... 2.065 826 326
Fiji:
6°/, War Loan 1920.........000+4444 440 | 434 —
Straits Settlements:
83/1, Loan, 1988 .......0.1 0000444 u 3341| 3341 om 304 3310 SI 3MI 3341
5%, Loan, 1929 0.0.0004 err nn 4939} 4315 . 4315 4315| 4315! 4315 4315 4315
Mauritius:
697, Loan, 1988 re rk 535| 538 58/1 = 3 a
Loans {rom certain Allied Governments ... 113500 113500| 126500 | 128000| 128000| 132000 | 135700 | 135700
Auslandschulden insgesamt.... | 1.292.396 | 1.232 290 ! 1 131 995 | 1.087 151 | 1157 407 | 1127 566 1123352 | 1112521
1) Die fremden Währungen sind über Goldparität umgerechnet.