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Loans Cheap for Saving Life.
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had good intentions of irrigating his fields. And when she was told she must tax only after she had given the water, she sulked, and would not amend her Act.

So with Loans: there was no end of writing and planning, but it never got beyond paper.

They never borrowed the money, because they were always following some new butterfly of Finance.

And so they never had it to spend.

Nothing can be more just than a partial compulsory water-rate in the irrigated tracts, because, whether the people irrigate or not, they have the enormous benefits of navigation, drainage, drinking-water, forage, &c. Under the Orissa Works, at £3. 10s. per irrigable acre in cost of works, 2¾ rupees an acre would pay 8 per cent., leaving the transit free, and the increase of produce 15 rupees an acre at least.

The water-rate paid in Godavery on about 500,000 acres, at 4 rupees, is £200,000; but the increase of Revenue has been above £300,000.

If no water-rate at all were levied, it would be impossible to prevent the works paying, from the increased revenue due to the increased wealth of the people. As a native gentleman wisely said, the Government of a rich population can never be poor.

But at this moment, including all mistakes in projection from want of experience, and the temporary failure from refusal of water in Orissa, all the new works would show a direct net return of some 20 per cent. into the treasury, and at least 100 per cent. in all.