Western India: Reports Addressed to the Chambers of Commerce of Manchester, Liverpool, Blackburn, and Glasgow

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From inside the book

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Common terms and phrases

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Էջ 167 - ... anas, or a rupee and a quarter per beega. That this is not too great a reduction to anticipate will be seen from the fact, that Mr. Landon of Broach has cultivated a beega at the cost of one rupee. With the landed system of the province on a proper footing — that is to say, with the beegotee system prevailing — a host of middlemen, in the shape of bhagdars, &c.
Էջ 167 - But let us suppose that it is reduced to a rupee,—no very extravagant supposition, seeing that a rupee is twenty per cent of the value of the cotton produce, and. about twenty-five per cent of the general produce (cotton and grain) of the beega ; and also that such a reduction would only be an extension of the principle on which government professes to act in revising the assessment of the Deccan.
Էջ 167 - Indian cotton must still continue to labour under an insurmountable natural disadvantage. But the two can never approximate an equality of advantages so long as, in a variety of ways, the cost of producing one of them is subjected to an artificial enhancement from which the other is exempt. Let us see, then, at what cost, under a more liberal fiscal system, cotton might be produced in Guzerat, so as successfully to compete with American cotton at all times and at all prices. There are some, as already...
Էջ 166 - ... still fresh in their remembrance, the shippers here are not without apprehension that the remunerating price, in view of the present cost of production, cannot, on the average of years, be maintained, and that consequently the cultivation of cotton, and with it the cotton trade, must decline. To meet so probable an emergency, one obvious resource is, to lower the remunerating point at which cotton can be purchased here for export, by reducing the cost of production. Another is to enhance the...
Էջ 165 - Guzerat has been frequently imported at a lower rate than that specified. But that entirely depends upon cotton being parted with on the Bombay green at a sacrifice. If cotton is bought there at 75 rupees per candy, it may be laid down in Liverpool at 3d. per Ib.
Էջ 169 - Guzerat to Bombay, owing to the smaller size of the bales from superior pressing. The fall in the two items of freight and insurance would go far towards counterbalancing any small addition which might be made to the freight to Liverpool from the partial swelling of the bales on their way to Bombay. Taking all these charges, however, the same as before, we should have the cost price at Bombay made up as follows :. R, ap Price of the kuppas...
Էջ 169 - India cotton being a reduction to that extent on tho price of American. Between their relative values, as before stated, there is generally a difference of twenty-five per cent, on account of their difference as regards quality. Here, then, we have a gain on the score of price of ten per cent on the difference on the score of quality.
Էջ 168 - Europeans to deal with, in whom confidence could be placed as regards the quality and condition of the cotton, the cost of re-pressing in Bombay might be entirely got rid of. With the cultivation of cotton and the trade in it once on this footing, its cost price to the cultivator and exporter respectively would be as follows: To the Cultivator.
Էջ 294 - ... first question for consideration is the extent of territory for which a uniform standard of assessment should be fixed. This will depend upon the influences we admit into consideration with a view to determine the point. Among the most important of these influences may be ranked climate, position with respect to markets, agricultural skill and the actual condition of the cultivators.
Էջ 2 - Is the cause to be attributed to the intervention of circumstances remediable or the reverse ; and if so, ivhat are the circumstances which intervene ? It does not devolve upon me to prosecute that branch of the inquiry which has reference to the mere capacity of India to produce cotton for export. This proposition has already received the most ample confirmation ; and proof is abundant from private and public sources, that it is capable of producing cotton in greater quantity and of better quality...

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