KHASt HILLS. 189 



calculated. For the more cost invoh-ed in repairs, wear and tear of ma- 

 chinery, &c., I conceive that at least 10 per cent, on the outlay should 

 be charged, independently of the interest on the capital invested. 

 Taking this as low as 5 per cent., there must be added to the cost, as es- 

 timated by Lieutenant Yule, 15 percent, per anauni on the original out- 

 lay of Rupees 66,.584. Or, what will come to nearly the same thing, 

 we must consider this capital, or original cost, as to be repaid in not 

 more than seven years ; or that to the annual cost there should be add- 

 ed the seventh part of the original outlay, or Rupees 9,500. This sum 

 should, of course, be divided over the whole amount sent down. If we 

 estimate this amount as" not less than 200,000 maunds, this would add 

 to the cost per 101) maunds, as calculated above, .017 of a rupee. Or, 

 if only one-half this quantity (100,000 maunds) were sent down, it 

 would increase the cost per 100 maunds by .ODi of a rupee. 



Taking, however, the more fiworable estimate, of tlie larger quan- 

 tity, it results that on Lieutenant Yule's plan the cost per 100 maunds 

 in Calcutta would be Rs. 43 778 + .047 = 4S.S25, or per maund 0.438 

 of a rupee, equal to 7 annas 0.1 pie per maund. 



Even, therefore, estimating on the larger quantity taken above, and 

 without any allowance for re-loadiug at Pondua, the actual saving is 

 6 pie or one-half of an anna per maund ; or in British money one shilling 

 and nine pence per ton. (a) I should state, that I have above taken the 

 cost per 100 maunds as calculated by Lieutenant Yule for 100,000 

 maunds, and that he supposes that this cost ( vis , Rupees 43.778) 

 would be reduced to Rupees 41.942 per 100 maunds, were the quantity 

 increased to 200,000 maunds, inasmuch a? the " e.Kpeuse of establish- 

 ment for the railed descents" would remalu constant. But I have done 

 so for this reason, that in none of his calculations has Lieutenant Yule 



(a) Supposing that the whole quantity above o:Ucii!ated for, were sold in Calcutta at 

 8 annas per maund, thus producing llupeei 100,O0D, while the difference in the cost of 

 transport would be Rupees 6,250, this would give an ailJitional proiit of £ 6-5 per cent. 



