ABSTRACT

WHILE Indian administrators thus strove to maintain an equilibrium in the Indian finances by new taxes on agriculture, a mandate came from England in 1874 that an old and legitimate revenue, derived from a moderate import duty, should be sacrificed to meet the wishes of the manufacturers of Lancashire. We have, in preceding chapters, given some account of Indian tariffs down to 1871; but a brief connected history of Indian tariffs will help a clearer comprehension of the controversy which arose three years later.