passed "dispensary to Dr. Cody, now that he has been so politely feasted and toasted, and bowed out of Baroda.
Finance.
In spite of liberal disbursements under all heads, it is gratifying to see that the Dewán so well keeps up his financial position. Soon after the assumption of office, he roughly estimated the normal revenue of Baroda at about 110 lacs, and the normal expenditure at 105 lacs. The receipts for this year, I note, amount to 120 lacs, which is more by 10 lacs than what the Dewan first estimated. The disbursements for this year are 122 lacs, which is more by 17 lacs than the original rough estimate. Both the receipts and the disbursements were, however, mainly influenced by the bad year on one hand, and the consequent extraordinary expenditure on the other. Last year's financial statement is a better criterion, in which I find the receipts to be 133 lacs, and the expenditure about 105 lacs. The amount invested in Government notes stands at one crore and two lacs[1] at the end of the year under review. Altogether the financial position
- ↑ £1,200,000, reckoning Rs. 10=£1.
