Page 225 - Records of Bahrain (4) (ii)_Neat

State finances, 1928-1932 527

2.

In Bombay total te 1,13,856/0/2,

6. An early return to prosperity, unfortunately
oan hardly be expeotod, The pearl trade, on whloh Bahrein
depends, hae been badly hit by the World ooonomio depress­
ion, and slnoe it is a luxury trade the murkot is unlikely I
to show any renewed life so long as tho ooonomio conditions
of Europe and Amorloa romaln depressed. But, with tho.
inorease of tho Khanohla duty whloh le estimated to bring
in an annual rovonue of one lakh of rupoes, it is hoped
that this year’s aooounts will balanoo, und that it will
not bo neoessary again to make incursions into the savings
of past years.
I huvo the honour to bo,
3lr,
Your mout obedient servant,

Qffg. Political Bealdent in the Persian

Uopy to-, the Polltloal Agent, Bahrein.

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