Page 59 - Records of Bahrain (5) (ii)_Neat
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Rcvcnuc-cxpcnditurc budgets 381
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muoh lewor ruto. Tho money available for
invootmont in 1352 was Rs 2,50,000/-, the fol
lowing year it was only Rs 2,00,000/-.
6. Loans recoverable. Tho Muharraq muni
cipality owes money to tho government on
aooouut of a loan made to the municipality
30mu years ago for ussistunoe in installing
electric power in Muharraq. The amount was
to bo re-pa id by yearly instalments of Rs 7,700/-
but this year owing to tho municipality’s fin
ancial difficulties it was agreed that only
half the instalment should be refunded.
7. Sales of land to the British Government.
This is not normal revenue but is the prooeeds'
of the sale of three pieces of land, two in
Manamah and one in Muharraq, to the British
government.
The amount paid to the Bahrain government
was Rs 1,96,031/-. Out of this sum, Its 33,352/-
was paid into the Privy purse of Ilia Ezoollenoy
Shaikh Sir Hamad, this payment is not included
in tho report on oipenditure. Tho purchase of
land from private owners oost the State Rs 45,012/-
and in addition to this Rs 7,000/- was paid to
Shaikh Mohomed bin Isa who considered that he
had a claim to all the open land in the neigh
bourhood of Jufair, Rs 300/- was the oost of
transfsrring oaah to Bahrain from India. The
amount whioh aoorued to the government from the
whole transaction was Rs 1,10,367/-. In addition
to the financial arrangements a large amount of
gorernmsnt land was given to the previous oooupants.