Page 61 - PERSIAN 8 1931_1940_Neat
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         trade of Bahrain would have come to a standstill. This surprising demand from
         India is thought to be due to money that could not be spent on better class textiles
         owing to the boycott being expended in pearls. Another view is that pearls
         are an essential part of certain religious ceremonies among Hindus, and still   an-
         other view, that in a world of fluctuating values some felt pearls were a good in­
         vestment.
            Both catch and prices were poor, though prices did not fall below the very
         low figures of the preceding year. Next year, there is little doubt that many
         fewer boats will set out for there is no longer the capital to finance them. It is
         estimated that two-thirds of the pearling capital in Bahrain has disappeared into
         the sea in the last three years, and men who had a capital of ten or fifteen lakhs
         have nothing left except pearls for which there arc no purchasers.
            Bad though the state of trade is in Bahrain there is some comfort
         to be found in the reflection that our neighbours are worse off, for Qatif and
         Qatar are to all intents and purposes ruined. A cause of the comparative
         prosperity of Bahrain is to be found in the fact that Gulf capitalists have steadily
         been moving their capital over and establishing their headquarters here for
         some years past. This is true both of the Arab and Persian coasts, and is a
         great tribute to the administration of Bahrain. There is little doubt that its good
         order, security, bank, wireless and shipping facilities act as lodestones, and both
         Nejdi and Persian merchants and shaikhs have been moving their valuables to its
         gilt-edged shores.
            The total value of the trade amounted to Rs. 1,71,20,220 as compared with
         Rs. 2,53,00,480 during the preceding year. The total value of imports amounted
         to Rs. 1,04,01,880 as against Rs. 1,00,37,490 the preceding year. The exports
         amounted to R?. 00,58,340 as against Rs. 9,20,29,990 for the preceding year. The
         figures of export are not accurate since few of the pearls exported are declared at
         their proper value if declared at all.
             Pearling Industry.—The Political Agent paid a visit to the pearl banks in the
         S. L. “ John Lambert ”, and boarded a number of Bahrain vessels. He took
         fresh limes and some simple medicines with him and was v^ry well received by the
         nakhudas. Two divers were brought back for medical treatment, one being
         in the last stages of tuberculosis.
             Industry.—It is pleasant to have to record the birth of a new industry in
         Bahrain. Khalil Kanoo, and one Faik Adliam, a Syrian, entered into a partner­
         ship to produce tiles and wc-ic gmn a monopoly for two years to encourage them.
         They have produced some 70,000 of excellent quality and fully equal to the best
         that Basra produces but lave* feurd seme difficulty in disposing of them. The
         partnership has breken up, Faik Adhnm describing his late partner as “ a friendly
         thief”. If times were normal they would have done very well.
             Athletics.—There has been a marked interest in football during the past year
         and the Political Agent took a team to Basra for three days.
             Boat Building and Slaying.—The total number of motor launches plying for
         hiie on 31st December was 53. Of these 5 wore built during the year.
             Thirty-two Sailing vessels were built in Bahrain during the your as compared
         with 55 built the preceding year.
             One hundred arrd sixteen British Ships, 10 German and 1 Norwegian entered
         and cleared the Port of Bahrain as compared with 123 British ships and
         11 German ships that called during the preceding year.
             Early in November the British India Steam Navigation Company decided
         to allow their down steamers to make a weekly call at Bahrain instead of fortnightly.
         This has been a welcome change and is much appreciated by the local mercantile
         community.
             Seven accidents took place at sea, within Port limits, during the year and in
         three cases loss of life occurred, once when a coolie was killed while cargo was being
         discharged from the * s. “Bunkum ” on the 10th April, and on two other occasion*
         when men were swept overboard and drowned, one of these accidents occuruug
         on a landing company's lighter. "The Landing Company have worked at a low*
         throughout the year and have had several boats badly damaged m the heavy
         storms at the close of the year.
         McawiD                                                          p




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