ADMINISTRATION AND FINANCE OF THE EAST INDIA COMPANY 25
This much for the sources of revenue and amounts raised from each one of them and their proportions to the whole.
On the expenditure side we note the following heads :
(1) Charges incident to the collection of revenue.
(2) Military and naval charges.
(3) Civil, judicial and police.
(4) Public works.
(5) Interest on Bond Debt in India.
(6) Allowances and assignments to native princes under treaties and their engagements.
(7) Home charges which included :
(a) Interest on Home Bond Debt.
(b) Dividends to Proprietors of East India stock.
(c) Payments on account of Her Majesty’s Troops and establishment.
(d) Charges of the East India House and Board of Control.
A tabular arrangement of the expenditure in chronological sequence may be of some value.
Selecting the period 1800 to 1857 we my take every tenth year as a representative year and mark the percentage ratio of Charges to the Revenue of that particular year.
| Col1 | Net Revenue | Charges | Mili- tary Charges | Inter- est of Debt. | Civil & Poli- tical Charges | Judi- cial Char- ges | Provin- cial Police Charges | Bldgs. & For- tifica- tions |
|---|---|---|---|---|---|---|---|---|
| 1809-10 ... 1819-20 ... 1820-30 ... 1830-40 ... 1840-50 ... 1857 … | £ 11,238,000 13,016,000 14,200,000 13,742,000 19,510,000 33,303,000 | £ 11,076,000 12,934,000 13,107,000 13,004,000 16,404,000 28,079,000 | % 58,877 64,290 53,754 57,721 51,662 45,55 | % 18,010 12.805 12.124 9.756 10.512 7.19 | % 7.221 8.900 9.575 12.296 8.902 9.62 | % 7.525 6.800 7.107 9.565 7.100 9.38 | % 1.991 2.093 1.535 2.062 2.062 | % 1.639 1.756 2.810 1.428 1.661 |
Public Works According to Professor Adams the finances of a country are to be judged from the viewpoint of developmental expenditure : and