Coll 20/1 'Muscat: Financial Situation: Budget Estimates, etc.' [269r] (537/732)
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. .
Transcription
This transcription is created automatically. It may contain errors.
• o • •
-3-
of other countries, a comparatiyely small amount of money.
Hence the diminution of his purchasing power due to the
fall in the value of the dollar has been relatively small.
The same may be said of the country as a whole* Oman uses
two silver currencies, of which that represented by the
rupee has remained constant; further, the drop in the dollar
value has been spread over many years, thus enabling
merchants to adjust themselves to a rupee instead of a
dollar standard, as many have done. Speaking generally,
though individuals may have been hit, the country itself
has escaped more lightly* There are even indications
that the purchasing power of the country has improved,
but these need not be discussed here*
The contention that the State"must face losses on
exchange” also needs qualification. The State, working on
a rupee basis, can make and actually has made a useful
profit through the fall in the dollar exchange. Part of
the district staff is engaged and paid on a dollar basis;
the actual sum involved is 29,500 per annum. It has cost
the State about half the number of
rupees
Indian silver coin also widely used in the Persian Gulf.
to pay these
people this year, as compared with last year.
Customs contribute &§■
lakhs
One lakh is equal to one hundred thousand rupees
of a total revenue of
8^
lakhs
One lakh is equal to one hundred thousand rupees
* These, being on an ad valorem basis, do not
result in any loss on exchange. A subsidy of nearly two
lakhs
One lakh is equal to one hundred thousand rupees
, paid in
rupees
Indian silver coin also widely used in the Persian Gulf.
, similarly occasions no loss.
The remaining items are all received in
rupees
Indian silver coin also widely used in the Persian Gulf.
, except
iiakat(land revenue as distinct from export duty), part of
which is paid in dollars* The amount being so small, the
loss on exchan e is comparatively insignificant.
4). Though unwilling to go so far as to state that the
Treasu y has definitely profited by the fall in the dollar
exchange, 1 think that this fall can s
as a minor, not a major calamity.
afely be classified
About this item
- 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:
- Budget estimates for most of the years between 1929 and 1947, sent by 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. in Muscat to either 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. , the Government of India, or both, via 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. , and sometimes including budget statements for the previous year and War Subsidy Account statements
- Correspondence relating to the discussion over whether or not to continue paying the Sultan the Arms Traffic Subsidy
- Reports into the financial situation of the state, usually by 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.
- Papers concerning the need for improvement in the collection of revenue in the Batinah and Shimaliyeh districts
- Papers concerning proposals for changes to the Muscat Levy Corps
- Papers connected to the temporary appointment of Captain Reginald George Evelyn William Alban as Financial Adviser to the State and Commandant of the Levy Corps
- Correspondence related to the discussion over the amendment of the treaties between Britain and Muscat
- 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 View the complete information for this record
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/2951
- Title
- Coll 20/1 'Muscat: Financial Situation: Budget Estimates, etc.'
- Pages
- 143r, 182r:184v, 202r:205v, 256r:269v, 294r:301v, 305r:325v, 335r:356v, 361r:364v
- Author
- Government of Oman (xx Government of Muscat and Oman)
- Usage terms
- The copyright status is unknown. Please contact copyright@bl.uk with any information you have regarding this item.