NET IMPORT OF SILVER AND MINTING OF NEW SILVER, 1870-92
| Year. | Net Imports (Rupees). | New Coinage (Rupees). |
|---|---|---|
| 1870-1 | 9,419,240 | 17,181,970 |
| 1871-2 | 65,203,160 | 16,903,940 |
| 1872-3 | 7,151,440 | 39,809,270 |
| 1873-4 | 24,958,240 | 23,700,070 |
| 1874-5 | 46,422,020 | 48,968,840 |
| 1875-6 | 15,553,550 | 25,502,180 |
| 1876-7 | 71,988,720 | 62,711,220 |
| 1877-8 | 146,763,350 | 161,803,260 |
| 1878-9 | 39,706,940 | 72,107,700 |
| 1879-80 | 78,697,420 | 102,569,680 |
| 1880-1 | 38,925,740 | 42,496,750 |
| 1881-2 | 53,790,500 | 21,862,740 |
| 1882-3 | 74,802,270 | 65,084,570 |
| 1883-4 | 64,051,510 | 36,634,000 |
| 1884-5 | 72,456,310 | 57,942,320 |
| 1885-6 | 116,066,290 | 102,855,660 |
| 1886-7 | 71,557,380 | 46,165,370 |
| 1887-8 | 92,287,500 | 107,884,250 |
| 1888-9 | 92,466,790 | 73,122,550 |
| 1889-90 | 109,378,760 | 85,511,580 |
| 1890-1 | 141,751,360 | 131,634,740 |
| 1891-2 | 90,221,840 | 55,539,700 |
| 1892-3 | 128,635,690 | 127,052,100 |
| Total of 23 years | 1,652,256,020 | 1,525,044,460 |
NET IMPORT AND MINTING OF GOLD
| Year. | Rupees. | Rupees. |
|---|---|---|
| 1875-6 | 15,451,310 | 171,500 |
| 1876-7 | 2,073,490 | Nil |
| 1877-8 | 4,681,290 | 156,360 |
| 1878-9 | (Export of 8,961,730) | 850 |
| 1879-80 | 17,505,040 | 147,300 |
| 1880-1 | 36,551,990 | 133,550 |
| 1881-2 | 48,439,840 | 339,700 |
| 1882-3 | 49,308,710 | 174,950 |
| 1883-4 | 54,625,050 | Nil |
| 1884-5 | 46,719,360 | 129,650 |
| 1885-6 | 27,629,350 | 225,850 |
| 1886-7 | 21,770,650 | Nil |
| 1887-8 | 29,924,810 | Nil |
| 1888-9 | 28,139,340 | 226,090 |
| 1889-90 | 46,153,030 | 230,500 |
| 1890-1 | 56,361,720 | Nil |
| 1891-2 | 24,137,920 | 248,010 |
| 1892-3 | (Export of 28,126,830) | ... |
FOOTNOTES:
[15] The returns for the years 1825-29 give no separate figures for gold and for silver, but give only the total of the two together.
[16] From 1865-1878—
| France | minted | 625,466,380 francs. |
| Belgium | minted | 350,497,720 francs. |
| Italy | minted | 359,059,820 francs. |
| Switzerland | minted | 7,978,250 francs. |
| 1,343,000,000 francs. | ||
[17] As far, that is, as relates to gold. So far as silver is concerned, it was practically abrogated by the clauses for the prohibition of silver coinage in 38 Geo. III. c. 59 (1798), and finally repealed by the Act of 56 Geo. III. c. 68 (1816). See postea.
[18] Professor Laughlin brings out very strongly that even in such action Hamilton shows no trace of the modern conception of bimetallism, that his report expresses an emphatic preference for gold over silver, and that his object in adopting bimetallism was, while retaining silver, to leave a door open, if possible, for the introduction of gold.—History of Bimetallism in the United States, pp. 13, 14.