We have dwelt upon Indian railways at greater length than we had
originally intended, but the subject is a great one; for it must not
be forgotten that the capital expended upon them at this date is a
seventh of that to the same account in the United Kingdom. Presently it
will be a sixth, and hereafter it will he a fifth; because also the
mileage of these railways is, even now, nearly a third of the railways
of Great Britain; presently it will he more than a third. On the 1st
of January, 1867, it was nearly half that of France; only 1,413 miles
less than that of Prussia, 1,138 less than that of Bavaria, 69 more
than that of the Austrian dominions, 1,030 more than that of Italy, 854
more than that of Spain, 2,160 more than that of Belgium; 2,177 more
than that of both Russia in Europe and Russia in Asia; and 1,574 more
than that of Canada.[105] On the 3,638 miles which, towards the close
of 1866, constituted the length of Indian railways, the train miles run
amounted to 10,120,920. The gross receipts earned by those trains were
£4,537,235, just 1,425,000 more than in 1865; of these gross earnings,
£1,278,580 were received from passenger traffic, and £3,091,723 from
that of merchandise. The number of passengers carried in 1866 was
12,867,000, being 367,000 more than in 1865. This, of course, in no way
represents the proportion due to population in British India, for in
1861 that population was 143,271,210, dwelling on 956,436 square miles
of land.
Let us proceed some few steps farther with reference to the development
of India. Its revenue has increased from £27,832,237 in 1852, to
£45,652,897 in 1865. But on the the other hand, the expenditure,
which was £27,098,462, or £750,000 within its income, in 1852, was
£46,450,920, or £800,000 in excess of income in 1865. Then, us a
further but doubtful proof of prosperity, the public debt of India
had risen from £55,114,693 in 1852, to 98,518,145 in 1865.[106] The
tonnage of vessels entered and cleared in India during 1852 was
(exclusive of coasting trade) 1,591,937; in 1865 it was 4,268,666. The
value of imports (including bullion and specie) into India in 1840
was £8,415,940; in 1852 they were of the value of £17,292,549; and in
1865 they had increased to £49,514,275. The value of its exports rose
in fifteen years from £20,798,342 to £69,471,791.[107] In 1852 the
total amount of cotton which British India sent to the United Kingdom
was only 84,922,432 lbs., just a ninth of that received from the
United States, which was 765,630,544 lbs. In 1866 the amount of cotton
imported from India was 615,302,240 lbs.,[108] exactly 95,244,840
lbs. more than from the United States, and not far from one half of
the total amount imported from all places, namely, 1,377,129,936 lbs.
Thanks to India, the total quantity of cotton imported in 1866 is only
13,000,000 lbs. less than it was in 1860, the year of our greatest
cotton importation. In that year the quantity received from India
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account