CONTENTS
C HAP . P AGE
A UTHOR ’ S P REFACE … … … … 53
F OREWORD BY P ROFESSOR E DWIN R. A. S ELIGMAN … 55
I NTRODUCTION —D EFINITION AND O UTLINE OF THE S UBJECT 59
PART I PROVINCIAL FINANCE : ITS ORIGIN
I T HE I MPERIAL S YSTEM : ITS G ROWTH AND ITS B REAKDOWN 65
II I MPERIALISM V . F EDERALISM … … … 89
III T HE C OMPROMISE —I MPERIAL F INANCE WITHOUT
I MPERIAL M ANAGEMENT … … … 100
PART II PROVINCIAL FINANCE : ITS DEVELOPMENT
IV B UDGET BY A SSIGNMENTS … … … 112
V B UDGET BY A SSIGNED R EVENUES … … … 131
VI B UDGET BY S HARED R EVENUES … … … 149
PART III PROVINCIAL FINANCE : ITS MECHANISM
VII T HE L IMITATIONS OF P ROVINCIAL F INANCE … … 183
VIII T HE N ATURE OF P ROVINCIAL F INANCE … … 196
IX T HE E NLARGEMENT OF THE S COPE OF P ROVINCIAL F INANCE 213
PART IV PROVINCIAL FINANCE UNDER THE GOVERNMENT OF INDIA ACT OF 1919
X T HE N ECESSITY FOR A C HANGE … … … 225
XI T HE N ATURE OF A C HANGE … … … 245
XII A C RITIQUE OF THE C HANGE … … … 282
I NDEX … … … … … 309