Page 83 - Records of Bahrain (5) (i)_Neat

Financial arrangements of the ruling family, 1940-1941 71
- 6 —

will Boon cease to be the reserve*
Thin 1,b the anchor of the State and

you will need It in the storms that
lio ahead of ue. livery year
tremendous quantities of oil leave
the Boil of Buhrain, never to return,
and it 1b essential that soma of the

profits should be kept for the future*
Apart from this, the Income Itself is
very vulnerable for a bomb, whloh God
forbid, or a fire or even lack of

ships may reduoe it or perhaps stop
it altogether and then Bahrain will
be left with an .inoorae of ten lakhs
or less from Customs, whloh Itself
would soon dwindle away now that the
pearl trade Is ruined. 1 myself
have alwayo thought that the one

third share now enjoyed by Your High­
ness was too great and was about to
aok you If you oould see your way to
reduoe lt« In Iraq, as you are

probably aware, the oil revenues
are only used for capital expenditure
e«g. on bridges and railways, and
are not UBed for normal expenditure
at all*

7* To oonolude, therefore, if
Your Highness wishes to increase the
emoluments of the al Khalifa ( whose
/ income