2. Money-lenders naturally have flourished daring the long period of internal peace since the Mutiny. They vary in wealth and position from the humblest 'gombeen man' to the millionaire banker. Many of these money-lenders are now among the largest owners of land in the country. Under native rule interests in land were generally too precarious to be saleable. The author did not foresee that the growth of private property in land would carry with it the right and desire of one party to sell and of another to buy, and would thus favour the growth of large estates, and, to a considerable extent, counteract the evils of subdivision. Of course, like everything else, the large estates have their evils too. Much nonsense is written about sales of land in India, as well as in Ireland. The two countries have more than the initial letter in common.

3. Theorists declare that it is right that the tax-payers should know what is taken from them, and that, therefore, direct taxes are best; but practical men who have to govern ignorant and suspicious races, resentful of direct taxation, know that indirect taxation is, for such people, the best.

4. This illustration would give a very false idea of modern Indian finance.

5. They have no duty to perform as creditors; but as citizens of an enlightened nation they no doubt perform many of them, very important ones. [W. H. S.] The author's whimsical comparison between stockholders and Adam and Eve, and his notion that the creditors of the nation may be regarded as officials without duties, only obscure a simple matter. The emigration of owners of Consols never assumed very alarming dimensions.

6. The Corn Laws were repealed in 1846, and the shilling duty which was then left was abolished in 1869. Considering that the author belonged to a land-owning family, his clear perception of the evils caused by the Corn Laws is remarkable.

7. By the 'Western Provinces' the author means the region called later the North-Western Provinces, and now known as the Agra Province in the United Provinces of Agra and Oudh, with the Delhi Territories, which latter are now partly under the Government of the Panjāb, and partly in the new small Province, or Chief Commissionership of Delhi.

8. At the time referred to, the provincial Government had not been constituted.

9. Fifty per cent. may be considered as the average rate left to the lessees or proprietors of estates under this new settlement; and, if they take on an average one-third of the gross produce, Government takes two-ninths. But we may rate the Government share of the produce actually taken at one-fifth as the maximum, and one-tenth as the minimum. [W. H. S.]

It is unfortunately true that in the short-term settlements made previous to 1833 many abuses of the kinds referred to in the text occurred. The traditions of the people and the old records attest numerous instances. The first serious attempt to reform the system of revenue settlements was made by Regulation VII of 1822, but, owing to an excessive elaboration of procedure, the attempt produced no appreciable results. Regulation IX of 1833 established a workable system, and provided for the appointment of Indian Deputy Collectors with adequate powers. The settlements of the North-Western Provinces made under this Regulation were, for the most part, reasonably fair, and were generally confirmed for a period of thirty years. Mr. Robert Mertins Bird, who entered the service in 1805, and died in 1853, took a leading part in this great reform. When the next settlements were made, between 1860 and 1880, the share of the profit rental claimed by the State was reduced from two-thirds to one-half. Full details will be found in the editor's Settlement Officer's Manual for the N. W. P. (Allahabad, 1882), or in Baden Powell's big book, Land Systems of British India (Clarendon Press, 1892).

10. Since 1833 the people whom the author calls 'farmers' have gradually become fall proprietors, subject to the Government lien on the land and its produce for the land revenue. For many years past the ancient custom of joint ownership and collective responsibility has been losing ground. Partitions are now continually demanded, and every year collective responsibility is becoming more unpopular and more difficult to enforce.