Page 86 - Gulf Precis (VII)_Neat

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211. In this view Lord Qcorgo Hamilton concurred and agreed to sanction
a moiety of a reduced subsidy of £1,000
B.crct E., July 1900, No*. 131-148.
only for ono year.
212. The Company was not satisfied with this grant and again pressed for
the larger subsidy. The following accounts wore produced by them to show
tlioir loss
Statement of Expenditure on the Korun Extension by the Euphrates and Tigris Steam Naviga­
tion Company.
£ i. d. £ s. <L
Amounts written ofT up to 31at Decombor 1699 • •• 0,030 4 0
Bslanco of expenditure over oarninga for 1900 as rondorod to Govern­ 4,887 14 10
ment half yearly.
1693 ditto ditto 6.204 19 3
1892 ditto ditto • •• 2,981 7 11
1893 ditto ditto • M 3,935 13 7
1894 ditto ditto <•) 3,033 8 3
1895 ditto ditto • •• 3,752 7 3
1896 ditto ditto • 44 3,432 13 9
1897 ditto ditto • •• 3,613 2 7
1898 ditto ditto 2,256 2 1
1899 ditto (estimated) • 44 2,400 0 0
36,460 9 6
;
Balance of expenditure ovor oarninga on the 8. S. " Shushan," the
properly of His Imperial MajeBty tho Shah, defrayed by the
Company, but not yot re-paid by Her Imperial Mojeaty'a Treaaury
1891 Ml 946 16 1
1893 ditto ditto 556 9 10
1893 ditto ditto 699 9 8
1894 ditto ditto 190 16 1
1895 ditto ditto 744 13 8
1896 (do including extensive repairs) 1,113 6 8
1897 ditto ditto 376 8 1
1898 ditto ditto 78 10 10
4.623 8 11
I Expenditure already incurred in constructing a road from Ahwar to 7,333 0 0
Ispahan, 270 miles in length.
63,417 2 6
Received from Government—
By subsidy from Government to 31st Oeoembor 1890 • M 3.000 0 0
1891 ditto ditto ••• 3.00C 0 0
1893 ditto ditto Ml • M 2.000 0 0 •9M*«
1893 ditto ditto • •• 2,000 0 0 IMt
1894 ditto ditto Ml 2,000 0 0
1895 ditto ditto Ml 2.000 O 0 • MMI
1896 ditto ditto •M Ml 2.000 0 0
1897 ditto ditto • •• Ml 2,000 0 0 •PMI
1898 ditto ditto Ml 2,000 0 0 #•••••
1899 ditto ditto • 44 44* 2,000 0 0 ••••••
22,000 0 0
of ixpenditure over revenue from all sources ... • •4 444444 81,447 2 *