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Coll 20/1 'Muscat: Financial Situation: Budget Estimates, etc.' [‎126r] (251/732)

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The record is made up of 1 file (364 folios). It was created in 19 Mar 1928-8 May 1947. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .

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heaviest drops in revenue vere in 1930,1931 and 193fc. Turning to
the table pT prices (App, III) we see that In 1930 the drop In
prices was 9 united Kingdom 17 polnts f Germany 12.6 and India
24 points.
30. In 1931 the drops were united Klnfdom 16.2, Germany 17.5
and British India 21.4. The average drop over the first eight
months of the current year is, united Kingdom 1.6, Germany IK),
and British India 4 points.
31. The drops recorded in 1930 and 1931 represent a financial
catastrophe. The comparatively insignificant fall in prices in
1932 indicates that the bottom of the market has nearly been
reached.
32. Later prices for September, potober and November show arv
upward tendency of about 2 points, which, taken in conjunction
with more favourable reports of Smpire trade, may be taken to
mean that prices, for some time to come, will maintain approx*
imately their present level.
33. It is probable that the drops recorded in the first eight
months of the current year will be recovered and the average
prices over the whole year be at least equal to those of 1931.
34. According tc the trend of prices, therefore, it would
appear that the revenue for 1932 ought to be eaual to or only
slightly below that of 1931.
35. Other considerations, hosever, have affected the trade of
Oman in common with that of the rest of the world. Borne of these
are as follows:-
(ft) The raising of the tariff barriers of India, Persia,
America and possibly Zanzibar and last Africa.
(b) The impoverishment of the people of Oman as a result
of the exceptional severity of conditions in previous
years.
(o) The bankruptcy and disappearance of any thing up to
50 % of the traders.
(d) The excessively reduced circumstances of the
survivors.

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Content

The file contains correspondence relating to Muscat state finances. The correspondence is between the Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. and Consul, Muscat, the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. , the Government of India (External Affairs and Foreign and Political Departments), the India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. , and the Sultan of Muscat and Oman, Said bin Taimur [Sa‘īd ibn Taymūr Āl Bū Sa‘īd].

The file includes:

Extent and format
1 file (364 folios)
Arrangement

The file is arranged in chronological order from the back to the front.

Physical characteristics

Foliation: the foliation sequence commences at the inside front cover with 1, and terminates at the last folio with 365; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio.

A previous foliation sequence, which is also circled, has been superseded and therefore crossed out.

Please note ff 326-330 may not be original to this file as its existing foliation was not consistent with the rest of the file.

Written in
English in Latin script
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Coll 20/1 'Muscat: Financial Situation: Budget Estimates, etc.' [‎126r] (251/732), British Library: India Office Records and Private Papers, IOR/L/PS/12/2951, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100056552619.0x000036> [accessed 25 April 2024]

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