Across India; Or, Live Boys in the Far EastOptic, Oliver
General
Across India; Or, Live Boys in the Far East
Optic, Oliver
India -- Juvenile literature
"The educational institutions are progressive, and 400 newspapers are
published in various languages, most of them with small circulations,
20,000 being the largest in India. The post and telegraph systems are well
cared for; and 17,564 miles of railway are in operation, with others in
process of construction. The manufactures, both in metal and fibre, have
always been remarkably fine, and the quality is still kept up. Cotton
factories have been established, with native labor, which promise great
results to the industry of the country.
"The loss of life on account of famine, caused by the failure of the
monsoon rains, has been terrific in some years. Canals and reservoirs for
irrigation as well as navigation have been built in order to remove this
evil. In 1874 L16,000,000 was expended in the relief of sufferers by the
government. Since that time a famine fund has been established; and in
years of plenty a million and a half sterling has been set aside for this
object.
"The excessive density of the population has induced the government to
favor emigration; and over a hundred thousand have gone to British
Guiana and the West Indies, and other countries. The currency of India
will be likely to bother you a little. The silver _rupee_ is the unit;
though when you see 'R.x.' over or at the left of a column of figures,
it means tens of _rupees_. The nominal value of a _rupee_ is two
shillings, about half a dollar of your money; but it is never worth that
in gold, the standard of England in recent years. It was some years ago
at a premium of twopence, but for the last three years it has averaged
only 1_s_. 5-1/8_d_. Its value varies with the gold price of silver in
London.
"There is also a government paper currency in circulation, amounting to
L16,000,000 sterling. The smallest copper coin is the _pie_, worth half
a farthing, equal to a quarter of a cent of your money. Three of them
make a _pice_, a farthing and a half, three-quarters of a cent. Four
_pice_ make an _anna_, a penny and a half, three cents. Sixteen _annas_
make a _rupee_. Sixteen _rupees_ make a gold _mohur_."
"Those small pieces are about as insignificant as those of Egypt,"
suggested Mr. Woolridge.
"There are not many millionaires among the natives, and these smaller coins
are mostly used among them. They are convenient also to the stingy
Englishman when the plate is passed around in church," added his lordship
with a chuckle, which pleased Uncle Moses more than the remark. India has a
public debt of about L200,000,000, contracted for railways, canals, war,
and other purposes. The revenue last year was L84,932,100, and the
expenditures were L84,661,700. Not a large margin; but you must multiply
the pounds by five, or nearly that, to reduce them to dollars.
Public-domain text, read in full here on John Shaqi.
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