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

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Marine Receipts

Revenues, Customs, &c. of Ceded Provinces 1,58,55,973 1,60,11,621 1,23,16,000

1,29,376 2,15,177 1,34,800

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

REVENUES OF BENCOOLEN, INCLUDING SIngapore.

30

Opium and Spirit Farms and Customs.........C.Rs. 66,906

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Rents, Licenses, Tonnage Duty, &c...............£1,860

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

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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.

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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.

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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.

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Balance in favour (exclusive of Duty on Tea)} £779,195 9

1st May 1826

STATEMENT OF BOND AND SIMPLE CONTRACT DEBTS; STATE OF CASH IN THE TREASURY, AND EFFECTS APPERTAINING TO THE COMPANY IN GREAT BRITAIN AND AFLOAT OUTWARD, ON 1ST MAY 1826.

Debts, viz. ...Political and Territorial

Commercial ...

Home Bond Debt.........

Total Debt

Assets, viz. ...Political and Territorial

Commercial

£.

£.

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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

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.

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