Roky Picture Painted by the Viceroy in Address to Indian Chambers Calcutta, Dee. 14.
A rosy picture of India's economic] condition was painted by Lord Reading to-day in an exhaustive address to the Indian Chambers.
Lord Reading recalled the depressing conditions in 1921 and the ad-verre trade balance of 80 crores of rupees. The political atmosphere was heavily charged and although there was still room for improvement, Mot year's overseas trade had reached the record figure of 650 crores of rupees, The Budget, which showed a' deficit of 20 crores of rupees in 1921, made a surplus last year of two, military expenditure Inst year wi €0 crores or rupees, as compared with 76 in 1921.
With regard to labour Teg the Viceroy mentioned that a bill }ad been submitted to the Assembly to encourage and protect a healthy, trade union organization. He attributed the improved outlook to the!
energy of the commerce also to the improve me al situation, which had] feeling of stability and
Text read from the printed page and cleaned; old type leaves the occasional error.