General View of the financial Affairs of India, from the Budget opened by Mr. Dundas, in the House of Commons, 12th June 1801. The deficit of revenue from the territories, &c., is 1,495,270 Total charges 8,961,180 781,757 171,363 The remainder is 610,394 642,818 253,667 82,371 978,876 368,462 706,495 is the amount applicable to the purposes of commerce. Amount advanced for purchase of investments, payment of commercial charges, and in aid of China investments: At Bengal Madras Bombay 1,197,764 851,483 315,995 30,502 Total advances for investment 2,395,744 Cargoes invoiced from India to Europe in 1799-1800, with charges M 2 2,168,302 Resul Shows the net deficiency of the revenues from the territories to be 448,505 Which deducted from the estimated amount of sales of imports 591,975 and is the amount estimated to be applicable in the year 18001801 to the purchase of investments, payment of commercial charges, &c. The home accounts furnished much cause for satisfaction. Aggregate amount of sales, 1800-1801 More than last year 10,323,452 162,842 Excess on the company's goods alone 234,314 Excess on private trade goods 45,112 Deficiency on neutral property 116,584 The sale of the company's goods estimated at 6,675,000 Actually amounted to 7,602,041 The receipts on sales of company's goods estimated at GENERAL RESULT. Although the actual receipts have fallen short of the estimate upwards of 800,000l., from a disappointment in an expected payment from government, and from deferring the disposal of the loyalty loan; and although the payments have been exceeded by an enlarged supply to India, yet the very favourable produce from the sales of goods, and the extension of time for the liquidation of debts to the bank, have so operated, that the balance of cash estimated to be on the 1st of March against the company is Actually proved to be in their favour to the amount of Being more favourable than estimated by He next came to the state of the DEBTS IN INDIA. £368,013 930,590 1,298,603 Amount of interest payable by the account of last year year. 915,687 1,082,042 Deduct Increase of assets from increase debts, the state of the company's affairs in India will appear worse by 334,430 Although the state of the concern at home was worse this year by 344,9817. on the particular ground of deducting increase of debts from decrease of assets, yet the nett improvement at China and St. Helena was no less than 1,442,232/. He should proceed to the consideration of debts and assets both in India and at home, Deducting the above increase of debts from the increase of But the following sums remain to be deducted for 762,821 280,441 672,356 The remaining total £.90,465, is the amount in which the general state of the whole concern has amended during the last year, subject, however, to such adjustments as may result from the settlement of the account between government and the company. The |