Page 223 - Records of Bahrain (6)_Neat
P. 223

Budgetary affairs                    211

                                 -2-


            Family. and that wldoaprond indignation would be
             arousou.
            4. Finally, tha proportion quoted In the abovo
             mentioned lettor requlroa some examination. Any
             officer on tho intornal oide and especially ono who
             has bean on forolgn service In a State* is well aware
             that a paper Privy Purso of 10 or 16 per cent of the
             Revenue ie a very different figure In actual practice
             unloas tho Finance Offiaer and tho Accountant General
             aro both sorvanta of the Qovornraont of India. Thon,
             In on Indian State tho main source of lnoome lo land
             revenuo. which ia loviod at an exceptionally high rate,
             and It ia only reaBonublo that the Ruling Family
             should content themselves with 10 or 16 per cent of It.
             In Bahrain, hoaovor, tho position is entirely different.
             Thera is no land revenue or aaknt, and the main source
             of revenuo contributed by the public is a vory light
             customs duty. As ia well known, thoir wealth arises
             from their mineral possessions, and in ensuring that
             only one third of this falls into tho hands of the
             Ruling Family, I .feel that a very great  deal has
             alroaay been aohlovod. In actual fact  there is no
             shortage of money whatever in Bahrain and tho real
             problem is not as it  fonaerlyrwqo.  how to save money,
             but the happier one of spending It wisely.











                                          I havo tho honour to be,
                                                 Sir,
                                       Ycmr most obedient servant,



                                    Political Resident, Persian Gulf.


                                   Co,
                                                    no. ie<r-s
                                 dated l<b'.
             DIG,
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