The Indian Review March 1929 A Monthly Periodical Devoted to the Discussion of All Topics of Interest

The very word Fascisti ' is derived from the Fasces " the bundle of rods round an axe which was the symbol of the authority of the Reptiblic of old ; and the same device is the badge of the Fascist Government to-day. [...] It was amidst the difficulties of working up this programme in the state of the finances of the Government of India in 1924 that Sir Basil Blackett and Sir Charles Innes evolved the idea of the Railway convention by means of which the railway programme as well as the railway budget of capital and revenue expenditure was sought to be separated from the vicissitudes of the annual budget of the Gove [...] The quetion therefore whether the present rate of allocating 1% of the net profits of railways to the credit of the general revenues of India on the basis of a total capital of about 700 crores at charge seems certainly to require further examination in view in the first place of the manner in which the amounts at the credit of the several reserve funds in the Railway budget have amounted [...] Graham from the Assembly to the Council of State it was hoped that the last has been heard of the bitter controversies which marred so matrially the happy relations in the Assembly last Session THE most outstanding feature of the Session is the complete annihilation of the once most powerful non-official Opposition and the emergence of Government with a pemanent majority. [...] On resumption of the property the proprietor was obliged to pay the Kanartham and the value of the improvments effected after the execution of the demise.