A Study of Indian Economics

Macmillan and Company, limited, 1915 - 347페이지

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50 페이지 - This union of the village communities, each one forming a separate little state in itself, has, I conceive, contributed more than any other cause to the preservation of the people of India, through all the revolutions and changes which they have suffered, and is in a high degree conducive to their happiness, and to the enjoyment of a great portion of freedom and independence.
50 페이지 - The village communities are little republics, having nearly everything they want within themselves, and almost independent of any foreign relations. They seem to last where nothing else lasts. Dynasty after dynasty tumbles down ; revolution succeeds revolution. . . . but the village community remains the same.
233 페이지 - Taxes spent in' the country from -which they are raised are totally different in their effect from taxes raised in one country and spent in another. In the former case, the taxes collected from the population...
199 페이지 - ... a bill of exchange are governed in this country by the Negotiable Instruments Act, 1881. Section 5 of this Act defines a bill of exchange as "an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of, a certain person, or to the bearer of the instrument.
40 페이지 - A caste may be defined as a collection of families or groups of families, bearing a common name which usually denotes or is associated with a specific occupation...
96 페이지 - It is also a melancholy instance of the wrong done to India by the country on which she...
173 페이지 - Government should continue to give rupees for gold, but fresh rupees should not be coined until the proportion of gold in the currency is found to exceed the requirements of the public. We also recommend that any profit on the coinage of rupees should not be credited to the revenue or held as a portion of the ordinary balance of the Government of India, but should be kept in gold as a special reserve, entirely apart from the Paper Currency reserve and the ordinary Treasury balances.
96 페이지 - It consequently became necessary to protect the latter by .duties of 70 and 80 per cent on their value or by positive prohibition. Had this not been the case, had not such prohibitory duties and decrees existed, the mills of Paisley and Manchester would have been stopped in their outset, and could scarcely have been again set in motion, even by the power of steam.
2 페이지 - With us an average individual man is. to a large extent, the very antipodes of the economical man. The Family and the caste are more powerful than the Individual in determining his position in life. Self-interest in the shape of the desire of Wealth is not absent, but it is not the only nor principal motor.
96 페이지 - India been independent, she would have retaliated, would have imposed prohibitive duties upon British goods, and would thus have preserved her own productive industry from annihilation.

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