Modern India a Sketch of the System of Civil Government With Some Account of T
Modern India a Sketch of the System of Civil Government With Some Account of T
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Per rupee, and the calculations were therefore altered. Thus the revenue at the close of Lord Hastings' reign is stated at the old rate to have been 23, 120, 000/. , and at the new rate but 19, 645, 000/. , as I have given it, and the debt must also be reduced in proportion.
Lord Hastings' reign was then very successful, and Lord Amherst found the finances prosperous. But Lord Amherst— . , . , . Rr^T x^ financial embar- they did uot remaui SO. I he Burmese war caused fresh expense — all the est...ablishments seem in this reign to have been much increased, and the administration must have been altogether extravagant. From 1825 to 1829 no less than ten millions of debt was incurred, without any sufficient cause ; but, owing to the alteration of the rate of exchange, only about half that increase appears in the account. In 1829 the debt was about thirty-four millions sterling, and there was a con- siderable deficit. But money seems notwithstanding to have been very abundant, and the rates of interest were reduced to four and five per cent.
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You can find similar books in the "Read Also" column, or choose other free books by George Campbell to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Per rupee, and the calculations were therefore altered. Thus the revenue at the close of Lord Hastings' reign is stated at the old rate to have been 23, 120, 000/. , and at the new rate but 19, 645, 000/. , as I have given it, and the debt must also be reduced in proportion.
Lord Hastings' reign was then very successful, and Lord Amherst found the finances prosperous. But Lord Amherst— . , . , . Rr^T x^ financial embar- they did uot remaui SO. I he Burmese war caused fresh expense — all the est...ablishments seem in this reign to have been much increased, and the administration must have been altogether extravagant. From 1825 to 1829 no less than ten millions of debt was incurred, without any sufficient cause ; but, owing to the alteration of the rate of exchange, only about half that increase appears in the account. In 1829 the debt was about thirty-four millions sterling, and there was a con- siderable deficit. But money seems notwithstanding to have been very abundant, and the rates of interest were reduced to four and five per cent.
What to read after Modern India a Sketch of the System of Civil Government With Some Account of T?
You can find similar books in the "Read Also" column, or choose other free books by George Campbell to read onlineMoreLess
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