THE PROBLEM OF THE RUPEE - Page 445

430 DR. BABASAHEB AMBEDKAR : WRITINGS AND SPEECHES

Such was the contrast in the economic conditions prevalent in the two countries. This peculiar phenomenon of a silverstandard country steadily progressing, and a gold-standard country tending to a standstill, exercised the minds of many of

TABLE XVIII

DEVELOPME ENT OF JUTE INDUSTRY AND TRADE Col3 Col4 Col5 Col6
Growth Average Annual of each Quinquennium
1870-71 to 1874-75 1875-76 to 1879-80 1880-81 to 1884-85 1885-86 to 1889-90 1890-91 to 1894-95
Exports- Raw, million cwt. Gunny bags, millions Cloth, million yds. Growth of Industry Number of— Mills Looms, 000 omitted Spindles, 000 omitted Persons employed, in thousands 5.72 6.44 ... ... ... ... ... 5.58 35.96 4.71 21 5.5 88 38.8 7.81 60.32 6.44 21 5.5 88 38.8 9.31 79.98 19.79 24 7 138.4 52.7 10.54 120.74 54.20 26 8.3 172.4 64.3

its observers. The chief cause was said to be the inability of the English manufacturers to hold out in international competition. This inability to compete with the European rivals was attributed to the prevalence of protective tariffs and subsidies which formed an essential part of the industrial and commercial code of the European countries. Nothing of the kind then existed

TABLE XIX

G ROWTH OF A GRICULTURAL E XPORTS OF I NDIA

Col1 1868-69 1873-74 1877-78 1882-83 1887-88 1891-92
Wheat Opium Seeds Rice Indigo Tea Cofee 100 100 100 100 100 100 100 637.41 118.38 111.26 131.66 116.91 169.35 86.04 2,313.47 123.83 305.87 119.84 121.57 293.17 69.98 5,152.36 122.47 239.97 203.28 142.17 507.25 85.31 4,914.37 120.20 403.60 185.55 140.76 775.09 64.59 11,001.44 116.82 480.99 220.36 126.33 1,075.75 74.11