Page 202 - Bahrain Gov Annual Reports (I)_Neat
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                      Makhudo and the divers. It dees not represent the real
                      value of tlie pearls as before they reach the final purchaser

                      in Bahrein they often client hands several times and are
                       frequently sold and resold attain in India. As an instance
                       of this during a previous season a record sized pearl was

                       found which was bought by the tajafc^from his Nukhuda for
                      ,;$ 75,000/-. It was eventually sold, during the same season,
                       in 3ahrein for about Es 200,000/-.

                          From these figures it is shown that the original amounts
                       ^3id to the Nokhudas for !heir pearls amounted to ]ess than
                       half the priae paid last year. The proportion of this

                       decrease which is owing to the lad market and that owing
                       to the smollness of the catch cannot be differentiated. The
                       catch wes acid to be a poor one, not os good os the previous

                       year’s.    It can be assumed that the remainder of the soles
                       were proportionally the some.
                          Out of 249 boats only the divers of three boots received

                       any shares in the profits, the rest of the beats jwid no
                       dividends as the expenses not only swollowed up the whole
                       of the profits but exceeded them so thot at the end of the

                       season the divers received nothing, but their debts to
                       their Nokhudas increased.     These expenses include advances
                       sni interest on the same, cost of rations, licenses and olso

                       the Nekhuda’s share from the sales, what remains is supposed
                       to be divided among the divers.
                       DIVERS’ DEBTS.     One poor season, one bad season and the

                       prospect of another very bad season will hove an unfortunate
                       effect on the important question of the grcdual reduction of
                       divers1 debts.     From ti.e time of the diving reforms until

                       1246 there wes a steady decrease in the amounts owing to the
                       :kkhudas by the divers, but from 1247, there has on the whole
                       been en increase though owing to the government’s policy of
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