Manchester Memoirs, Vol. xli. (1897), No. 11. 11 

 The following table shows the course of 



Trade between India and the United Kingdom 



Average of Exports. 



1875-79. 



To India 24,653 



From India 23,816 



Total trade 



1880-84. 



To India 31.821 



From India .... 28,183 

 Total trade 



1885-89. 



To India 32,382 



From India 25,661 



Total trade 



1890-94. 



To India 3 X .375 



From India 21,822 



Total trade .... 



(in THOUSAND j 



i) 







Imports. 



Excess 



of 

 Imports 

 per cent. 



Shipping 



engaged (from 



Indian records). 



Thousands 



of tons. 



Excess 



per ton 



of 



Shipping. 



s. d. 



27,709 



. 124 



.. 1,299 • 



■ 47/- 



.. 28,711 . 



, . 20-5 



.. 1,394 • 



• 70/3 





164 



.. 2,693 . 



• 59/- 



.. 35,601 



.. ii'9 



.. 1,476 . 



■ 5 J /3 



i •• 35-200 



.. 24-9 



.. 1,498 . 



. 93/8 





180 



.. 2,974 • 



• 72/7 



! .. 36,158 



.. 117 



.. 1,542 . 



• 49/- 



[ .. 32,301 



•• 25-9 



.. 1,432 • 



• 92/9 





17-9 



.. 2,974 • 



70/- 



i -. 33.8l8 



.. 7-8 



1,406 . 



• 34/9 



! . . 29,860 



. . 36-8 



.. 1,288 . 



• 124/4 





19-4 



. . 2,694 • 



• 77/ IQ 



The figures of this table can hardly be explained with- 

 out the assumption that the Indian valuations in the 

 records used were on the basis of rates of exchange higher 

 than those obtained for Council Bills at the time, or, 

 possibly, an over- valuation of exports on this side, valua- 

 tions at former rates being used while prices have fallen. 

 Such a fact, however, will not overbalance the upward 

 tendency of transportation charges, regarded as a propor- 

 tion of values of the goods concerned, to which these 

 figures point. It should further be remarked that the 

 figures of shipping in the above table include entrances 

 and clearances in ballast or light. They are taken from 

 the Indian returns. 



