Page 123 - 1 Persian Trade rep Bahrain 1_Neat
P. 123

REPORT


                                       OP THE
      TRADE of THE BAHRAIN ISLANDS FOR THE

                                YEAR 1909-10.





       1 Tho year under report has been  a most saccfcss-  revival of proapority in Europe and America ia
     hi one for Bahrain trade. The results may entirely   immediately followed by a corresponding rise in the
     U considered due to the favourable market for pearls   value of pearls.
     which averaged about 3d per cent hi-ber tlian the   Thirdly, the average price cf good quality pearls
     pneediu1,' year and which showed an upward tendency
     throughout the season, enabling old stocks to be got   during the last thirty years has quite been doubled
     rid ofand the season’s pearls to be readily dLpoiod  although no doubt in years of bad trade of even
                                             quite recent date, enormous drops have occurred and
     of.                                     owing to scarcity of money-pearls have been a drug
       o. The whole wealth of the island depends upon   on the market. For our purposes however it is useless
     jvcvls. and this is also true of the adjacent mainland   to take iudividaal years, and as the average value has
     coast line although the interior is dependent on their   risen with the general prosperity of the world there
     aatvfc, crops and cattle.               seems to be every reason to believe that pearls will
       3. Bahrain is a feeder for many articles of pro­  continue to rise in value even in spite of the
     duce for the mainland, the most important being   large annual output.
     rice, coffee, kerosine oil, sugar soft, sugar loaf, piece
     cool', sail cloth, gold lace and gold thread (when   (6) The population of Bahrain may now be esti­
     mainland inhabitants are prosperous), tea (increariug   mated at close on 100,000 inhabitants and is likely to
     bat never likely to make m*ich progress as long as   continue increasing owin^ to influx from other places
     the Arabs remain so fond cf coffee), ghee, spices and   on account of its prosperity and its more enlightened
     tobacco.                                rule. Also natural increase of population. It seem*
                                             probable that it would continue to increase for the
       4. To arrive at some conclusion about the future   next 10 to 20 years at the rate of about 3 per cent,
     possibilities of Bahrain from a trade point of view,   per annum. This however depends principally on
     we must therefore consider both Bahrain itself ar-d   the pearl market and the number of divers available
     the mainland. Since both are practically governed
                                             hut also to some extent on the amount of data culti­
     by the pearl fisheries we have tho following consi­  vation which is capable of considerable extension.
     deration before us
                                             It should be noticed that the increase in population
         (а)  The future value of pearls.     is more likely to be among the poorer classes who
                                              will be attracted from other countries by the ruling
         (б)  Population of Bahrain.
                                             high rates of wage, and the freedom from oppression.
         (c)  Population of mainland and infernal
              communication to Haaa and Nejd.  (c) The mainland whose wants are practically
         (d)  Natural increase of propensity for luxuries   supplied from Bahrain consists of the Qatar peninsula
              and rise in cost of living.     and the provinces of Hasa and Nejd. Owing to
     rvirt ? ^0es no* aPPear probable that the artificial   constant fighting there appears to be no present pro­
          natural   ma^£, will ever take the place  bability of any rise in population, or increase in the
                                              prosperity of Hasa and Nejd. Qatar is generally
                                              free from fighting but it seems to be each a miser­
             ^ W00 l(* appear that the general demand   able country that no largo increase can he expected
     101 pearls is more than up to the supply, and any  in that direction.
        1398 P. D.
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