The problem of the rupee: its origin and its solution



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TABLE LI



balance oF trade, coUNCIL drawings aND imports oF gold BEFORE 1893

Years.

Balance of Trade (Mer. chandise: Private Account).

Net Imports of Treasure.

Amount of Council •Bills drawn.

Excess ( + ) or Deficiency (—) of Bills drawn as compared with Budget Estimate.

Home Charges.

Cash Balances in the Home Treasury.

Minimum Rate for Council Bills.

 

 

Gold.

Silver.

 

 

 

 

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

 

£

£ 000,000

£ 000,000

£

£

£

£

s. d.

1870-71

20,863,000

2.13

.9





10,031,261

3,305,972

1 l0 1/4

1871-72

31,094,000

3.43

6.3





9,703,235

2,821,091

l 10 3/8

1872-73

23,376,000

2.41

.7

13,939,095

+ 939,095

10,248,605

2,998,444

1 10 3/8

1873-74

21,160,000

1.29

2.3

13,285,678

- 214,322

9,310,926

2,013,638

1 9 1/2

1874-75

20,137,000

1.73

4.3

10,841,615

+ 841,615

9,490,391

2,796,370

1 9 3/4

1875-76

19,204,000

1.40

1.4

12,389,613

-1,910,387

9,155,050

919,899

1 9

1876-77

23,5.73,000

-18

6.1

12,695,800

- 964,200

13,851,296

2,713,967

1 6 1/2

1877-78

23,758,000

.41

12.7

10,134,455

-2,115,545

14,048,350

1,076,657

1 8 3/16

1878-79

23,167,000

.74

3.3

13,948,565

-3,051,435

13,851,296

1,117,925

1 6 5/8

1879-80

26,046,000

1.45

6.5

15,261,810

+ 261,810

14,547,664

2,270,107

1 7

1880-81

21,464,000

3.03

3.2

15,239,677

-1,660,323

14,418,986

4,127,749

1 7 1/2

1881-82

32,855,000

4.02

4.5

18,412,429

+1,212,429

14,399,083

2,620,909

1 7 3/8

1882-83

31,389,000

4.01

6.1

15,120,521

- 221,479

14,101,262

3,429,874

1 7

1883-84

23,611,600

4.44

5.2

17,599,805

+1,299,805

15,030,195

4,113,221

1 7 1/4

1884-85

20,034,100

3.76

5.8

13,758,909

-2,741,091

14,100,982

2,249,378

1 6 3/4

1885-86

21,344,200

2.10

8.8

10,292,692

-3,481,008

14,014,733

4,726,585

1 5 7/8

1886-87

19,844,800

1.58

5.2

12,136,279

-1,195,121

14,409,949

5,280,829

1 4 1/8

1887-88

18,724,400

2.10

6.5

15,358,577

- 891,423

15,389,065

5,900,697

1 4 3/8

1888-89

20,271,900

1.92

6.3

14,262,859

+ 262,859

14,983,221

3,259,933

1 4

1889-90

24,557,800

3.18

7.6

15,474,496

+ 784,596

14,848,923

5,402,873

1 4

1890-91

20,733,800

4.25

10.7

15,969,034

+ 980,034

15,568,875

3,885,050

1 4 15/16

1891-92

27,632,400

1.68

6.3

16,093,854

+ 93,854

15,874,699

4,122,626

1 3 1/16

1892-93

29,287,300

1.75

8.0

16,532,215

- 467,785

16,334,541

12,268,388

1 2 5/8
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