552 DR. BABASAHEB AMBEDKAR : WRITINGS AND SPEECHES
† In answer to Mr. M. L Reddi Garu, the following statement was laid on the table :—
- Statement showing the average cost of silver purchased
| by the— | Col2 | Col3 | Col4 |
|---|---|---|---|
| Year. | Royal Mint Average Cost for Standard Ounce. | India Office Average Cost for Standard Ounce. | Financial Year. |
| 1893 ... 94 ... 95 ... 96 ... 97 ... 98 ... 99 ... 1900 ... 01 ... 02 ... 03 ... 04 ... 05 ... 06 ... 07 ... 08 ... 09 ... 10 ... 11 ... 12 ... 13 ... 14 ... 15 ... 16 ... 17 ... 18 ... 19 ... 20 ... | d. 365/ 16 29¼ 303/ 8 305/ 16 277/ 8 27¼ 27½ 28¼ 27 15/ 16 245/ 16 2311/ 16 26 ½ 277/ 16 311/ 16 309/ 16 24 7/ 16 2311/ 16 247/ 8 2413/ 16 2715/ 16 281/ 16 245/ 8 24¼ 305/ 8 3915/ 16 4715/ 16 495/ 8 507/ 8 | d. No purchase ” ” ” ” ” 28 29 No purchase 22.80 27.19 27.14 29.74 31.59 31.27 No purchase ” ” ” 28.71 28.71 No purchase 33.96 33.96 42.78 48.20 52.04 Silver purchased at special rates from the Baldwin mines and the Perth mint. | 1893-94 1894-95 1895-96 18S6-97 1897-98 1898-99 1899-1900 1900-01 1901-02 1902-03 1903-04 1904-05 1905-06 1906-07 1907-08 1908-09 1909-10 1910-11 1911-12 1912-1,3 1913-14 1914-15 1915-16 1916-17 1917-18 1918-19 1919-20 920-21 |
- Legislative Assembly Debates, Vol. II, No. 3. September, 10, 1921, p. 181.
In the absence of information whether the price is F.O.B. or C.I.F. it is difficult to say that the Secretary of State has had to pay higher prices for silver than were paid by the Master of the Royal Mint.