530 MANGANESE DEPOSITS OE INUIA : ECONOMICS. [PakT III : 
Table 77. 
Value of the Indian manganese-ore production as reported in the Sta- 
tistics of Mineral Production. 
Year. 
Total value in Rupees. 
Central Pro- 
vinces. 
Madras. 
Rs. 
1893 
1894 
1895 
1896 
1897 
1898 
1899 
1900 
5,30,340 
1901 
6,66,420 
1902 
13,94,135! 
1903 
15.23.310 
1904 
(') 
1905 
(3) 
1906 
C) 
Rs. 
21,301 
77,651 
1,07,636 
3,87,022 
5,01,429 
4,11,386 
.5,92,936 
6,29,223 
5,20,369 
4,63,938 
4,67,807 
Total. 
Rs. 
21,30] 
77,651 
1,07,636 
3,87,022 
5,01.429 
4.1 1.386 
5,02.936 
1 1,59,563 
11,86,789 
18.58.073 
19,91.1 172 
19:44,480 
37.24.635 
65,29,020 
V.ALUE PER TON. 
Value ill 
Sterling. 
Central 
Provin",^-. 
Madras. 
Totals 
. , 2,04,93,038 1,366,203 
Rs. 
1,420 
5,177 
7,176 
25,801 
33,429 
27.426 
39,529 
77,304 
79,119 
123,872 
132,741 
1 29,632 
248,309 
435,268 
15 00 
15 -00 
15 -00 
15 -00 
Rs. 
6 -80 
6-80 
6 -80 
6 -80 
6-80 
6-80 
6-80 
6-80 
6-80 
6- 80 
7- 37 
^^■erage. 
Rs. 
It is a difficult question to decide which of the values noticed on 
page 529 should be taken as the true value 
thJt^l/e'v^hll' toTdlu ''''^ of the Indian manganese-ore. The true market 
value is of course the c.i.f. value. But the 
proportion of this value that is made up of ocean freight and 
destination charges cannot be regarded, except in an indirect wav, as 
of value to India. Hence I think the true value of the ore to India is 
the export or f.o.h. value ; for all the expenses incurred in placing the 
ore at a port have benefited some one in India. The difference be- 
tween the f.o.h. value and the cost of putting the ore f.o.b. a vessel 
at one of the ports is of course the profit to the mine owner. And 
this profit goes to companies or individuals working in India ■ and 
although it is true that a considerable proportion of these profits finds 
its way when distributed as dividends to people living out of India, 
yet it increases the capital of people interested in India, and so 
may be regarded as increasing the stock of capital available for 
use in this country. For these reasons, in the following tables, in 
which I have made an attempt to arrive at the approximate value 
1 The figiiri: reported is 13.44,135, due to an eiror in calculating the value at J<s. 15 per ton. 
5 This total does not include .Ihiliua in Central India, which began to produce in this year. 
'■' Values lor the diflerent provinces not reported sejjarately, and only in sterling. 
