4 MARCH 1911, Page 2

The Indian Financial Statement was presented in the Viceroy's Legislative

Council on Wednesday. The estimate of revenue for the past year was L75,454,400, and this was happily exceeded by £5,083,800. The estimated expenditure was exceeded by £1,970,500. Nearly £3,000,000 of the increase in revenue is due to opium sales. The prices at the Calcutta sales were unprecedented. The unexpeetedincrease in railway revenue amounted to £1,175,500. The growth of the revenue was aided by good seasons and'," general agricultural prosperity. Of coarse the sales of opium are being restricted

every year, and such prices as have just swelled the revenue' are hardly to be looked for again.