492 MANGANESE DEPOSITS OF INDIA : ECONOMICS. [PaRT III : 
royalty on this at 2| percent, is 2'8 annas or, to the nearest half anna, 
3 annas. On this basis I have drawn up the following table : — 
Table 54. 
Royalties in annas fer ton leviable on Central Provinces manganese-ore 
at 2^% on fiCs moKth value. 
1 
2 
3 
4 
t; 
Price per 
unit of 
first-grade 
ore. 
Value of 50% 
ore delivered 
c.i.f. at Eng- 
lish and Con- 
tinental ports. 
Profit per 
ures in col- 
umn 2 less 
fi27). 
X It o llIUlllIl 
value (fig- 
urcs in col* 
iinin 3 plus 
9- 1 9 flip 
cost of min- 
ing). 
Exact roy- 
alty levia- 
ble at 2J% 
on pit's 
mouth 
value. 
Royalty 
leviable at 
2J% (giv- 
en to near- 
est half 
anna). 
Royalty levia- 
Oic fix .'o up 
to 1 2 pence a 
UlllL .tUU O /q 
above 12 pence. 
Pence. 
Rs. a. 
Rs. a. 
Rs. a. 
Annas. 
Annas. 
Annas. 
8 
25—0 
m. 
2—12 
110 
1 
1 
9 
28—2 
1—2 
.3—14 
1 -55 
li 
11 
10 
31—4 
4—4 
7-0 
2-80 
3 
3 
11 
34—6 
7-^ 
10-2 
4 05 
4 
4 
12 
37—8 
10—8 
13—4 
5-30 
5i 
54 
13 
40—10 
13—10 
16—6 
6-55 
6J 
13 
14 
43—12 
16—12 
19—8 
7-80 
8 
16 
15 
46—14 
19—14 
22—10 
9-05 
9 
18 
16 
.50—0 
23-0 
25—12 
10-30 
30 J 
21 
17 
r)3— 2 
26—2 
28—14 
11-55 
Hi 
23 
18 j 
56—4 
29—4 
32-0 
12-80 
13 
26 
It seems to me that the best way of levying royalty according to this 
schedule would be to fix it on the first of January every year, on the 
basis of the true mean of the prices quoted in the Mining Journal during 
the preceding year. As, however, the average price of first grade ore 
during one year may be considerably higher or lower than during the 
previous year, it would be necessary to bring about an adjustment at 
the end of the year between the royalties actually paid by the operators 
and the amounts payable on the basis of the average price during the year 
under consideration. Thus if the rate had been fixed at the beginning 
of a given year on the basis of an average price of 11 pence per unit during 
the previous year, and at the end of this given year it was found that 
the average rate had risen to 13 pence, then the mine operators should 
be required to pay to the local government an amount per ton equal 
