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ABSTRACT OF EAST-INDIA ANNUAL ACCOUNTS, 1826–continued.

......

REVENUES OF BOMBAY.

1822-23.

1823-24.

1824-25.

per Estimate. Mint

Rs, 20,663 44,273 30,800 Post Office.........

95,631 1,00,028 1,39,100 Stamps

1,66,991 1,59,984 1,50,000 Judicial Fees, &C..........

75,385 72,746

92,200 Opium Sales (including Malwa Opium consigned to Bengal)

1,03,00,316 47,11,749 Farms and Licenses

6,56,967 6,64,223 Customs of ancient Possessions

13,47,556 13,56,339 Land Revenues of ditto

11,54,473 14,67,185 12,14,800 Revenues, Customs, &c. of Ceded Provinces 1,58,55,973 1,60,11,621 1,23,16,000 Marine Receipts

1,29,376 2,15,177

1,34,800

................

6,77,800 14,51,400

Total Revenues ......... Rs. 2,98,03,330 2,48,03,325 1,62,06,900

REVENUES OF BENCOOLEN, INCLUDING SINGAPORE. Opium and Spirit Farms and Customs .........C.Rs. 66,906 58,051

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REVENUES or Prince of Wales' ISLAND.

Land Revenues and Customs

.... Doll. 176,305

143,824

160,000

REVENUES OF ST. HELENA. Rents, Licenses, Tonnage Duty, &c........ ....£1,860

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Rs.

ABSTRACT OF EAST-INDIA ANNUAL ACCOUNTS, 1826–continued.

CHARGES OF BOMBAY.

1822-23.

1823-24. 1824-25.

per Estimate. Mint

38,024 27,983 27,500 Post Office......

1,28,355 1,16,632 1,46,300 Civil Establishment

27,55,284 29,80,681 29,09,800 Judicial Charges

5,64,607 6,10,024 7,13,800 Customs of ancient Possessions

1,83,004 1,94,004 1,90,500 Revenues of ditto ...

4,87,825 5,03,997 5,38,900 Customs and Revenues of Ceded Provinces 58,69,891 59,11,666 61,41,600 Opium

1,06,18,007 22,09,787 Military: Buildings and Fortifications 1,61,52,423 1,56,34,989 1,50,53,800 Marine

8,77,748 12,11,925 10,92,800

.............

Total Charges............Rs. 3,76,75,168 2,94,01,688 2,68,15,000

Deduct Revenues......2,98,03,330 2,48,03,325 1,62,06,900

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* There is a difference (probably from a new adjustment) between this account and that of last year, which states the charge for 1822-23 at 11,30,934 current rupees. See Asiat. Journ., vol. XX, p. 261.

ABSTRACT

ABSTRACT OF EAST-INDIA ANNUAL ACCOUNTS, 1826-continued. BALANCE OF QUICK STOCK, EXHIBITING A STATE OF THE COMPANY'S AFFAIRS IN RESPECT TO ASSETS AND DEBTS IN INDIA, AT THE END OF 1823-24.

£.

£. Territorial Assets, viz......Cash .

7,391,564 Bills, Debts, Stores, &c....... 11,867,776

19,259,340 Territorial Debts, viz....... Bearing Interest

26,468,475 Not bearing interest....... 8,028,779

34,497,254

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Note. There is an error in this part of the official account; the sum of £400,456, Commercial Assets of Fort St. George, is blended with the Excess of Territorial Assets, as well as with the Assets Commercial, whereby the excess of debt is represented less than it should be by that sum. The above is the accurate amount of excess of debt. STATEMENT OF BOND AND OTHER DEBTS OWING BY THE EAST-INDIA COMPANY IN INDIA ON THE 30TH APRIL 1824.

£. BENGAL Terrilorial, viz... Bearing Interest

23,272,677 Not bearing Interest

6,678,907

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FORT MARLBRO'......... Territorial ...... Not bearing Interest

Commercial .... ....Ditto

9,411

18

.......................

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Pr. Or Wales' Island Territorial ....... Bearing Interest

Not bearing Interest

31,523 26,108

57,631

..............

TOTAL. Bearing Interest

Not bearing Interest

26,165,793 8,113,186

Total Debt in India, 30th April 1824......£34,578,979

ABSTRACT

ABSTRACT OF EAST-INDIA ANNUAL ACCOUNTS, 1826-continued.

HOME ACCOUNT. PROCEEDS OF SALES IN GREAT BRITAIN; COMMERCIAL RECEIPTS, CHARGES, &c. IN GREAT BRITAIN; MADE UP TO The 1st May 1826.

£.

S. d. Receipts, viz. Political and Territorial

191,869 3 9 Commercial

8,885,212 12 11

.............

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THE

STATEMENT OF BOND AND SIMPLE CONTRACT DEBTS ; STUTE OF CASH IN

TREASURY, AND EFFECTS APPERTAINING TO THE COMPANY IN GREAT BRITAIN AND AFLOAT OUTWARD, on 1st May 1826.

£.

£. Debts, viz, ... Political and Territorial

10,428,724 Commercial

1,438,194

11,866,918 Home Bond Debt..........

3,795,892

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As the accounts of the last year in the first series of the aforegoing statements are founded upon estimate only, which, as we observe by a comparison of the real and the estimated accounts of the preceding year, is not to be relied upon, we shall assume the year 1823-24 as the last of which we are furnished with correct statements respecting the revenue derived from British India.

From the aforegoing accounts it appears that the gross amount of the revenue of British India in 1823-24 fell short of that of the preceding by somewhat more than the excess of revenue in that year over that of 1821-22, which was the last and the most prosperous year of Lord Hastings'administration, and a period of profound peace,

The

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The net revenue of Bengal in 1823-24 was short of the preceding year's by £1,953,625, which arose from the following causes: first, a falling-off in the product of the opium sales of about £640,000 compared with their amount in 1822-23, and an increase in the advances on that account, in the nature of outlay rather than charge, of nearly £300,000; making a diminution of present profit in that single article to the extent of nearly a million sterling. Next year, 1824-25, (in which the Malwa opium account is transferred from the Bombay to the Bengal statement) the excess is expected to counterbalance, nearly, the deficiency. The second cause of defalcation is the salt sales, which amount to £300,000 less than in 1822-23. The third item is the customs, which fell off £150,000. The fourth is the amount of military charges, &c. which increased upwards of £420,000. These items alone nearly make up the difference : if they had been on the footing of the preceding year, the revenue of 1823-24 would have exceeded considerably that of 1821-22. The increase in the military item is almost the exact difference between the gross revenues of the two years 1821-22 and 1823-24.

The revenues of Madras for 1823-24 are charged with a payment on account of peshcush to the Nizam in order to extinguish a claim for tribute, or in fact a debt. There would otherwise have been a surplus revenue of about £400,000. In the estimate for 1824-25, the excess of £600,000 in the item of military charge produces a similar result, namely, a net charge instead of a net revenue.

In Bombay, where there is always from necessity a surplus charge, the balance was considerably less in 1823-24 than in the two preceding years.

The debt in India has been reduced, in 1823-24, £2,370,187; the debt in India amounting, in April 1823, to £36,949,685, while its amount, in April 1824, was £34,578,979, and at the end of that year, £34,579,498.

In the home account, which relates to the year 1825-26, there appears no item of “Bullion Remittance from India,” which last year amounted to £989,000. Independent of this, the balance in favour exceeds that of last year by nearly £200,000. The home debts, after deducting assets, appear to have increased nearly one million.

The following accounts relate to the Company's commerce :

TRADE ACCOUNTS.

CHARGES DETRAYED BY THE COMPANY FOR THE MANAGEMENT OF THEIR TRADE.

1822-23 1823-24. 1824-25.

per Estimate,
£.
£.

£.
At Bengal

192,049 169,457 181,060 Madras

30,404 14,569 14,857 Bombay

25,393 31,398 27,813 Bencoolen

2,788 5,149 3,380 Prince of Wales' Island....

1,372 1,251 1,394 Canton .....

58,080 61,122 66,273

.......................

Total...... £310,086 282,946 294,777

PROCEEDS OF SALES or IMPORT Goods.
At Bengal

336,459 316,260 332,107
Madras

63,710 50,244 49,143 Bombay

183,763 149,504 130,567 Bencoolen

30,806 17,715 18,311 Prince of Wales' Island

1,356 477 1,250

Total...... £616,094

534,200 531,378

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