London vii Bombay, March 5, Reuter's Calcutta correspondent reports that the Budget was warmly discussed in the Council of India. A number of members declared that the silver-tax would be specially injurious to the Bombay cotton trade with China. The Government denied thut the duty on silver would have such an effect. The Budget was passed.—Reuter.
The Budget was introduced by A. Fleetwood Wi'son, r.c.8., nance Member of the Council of India, on Febroary 25. It imposes fresh taxes in order to provide an anticipated loss of £872,000 on opium. The new daties include four anoas per ounce on imported silver.—Ep,
Text read from the printed page and cleaned; old type leaves the occasional error.