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WD2329
- Record Id:
- 032-003268057
- Hierarchy Root Ancestor Record Id:
- 032-003268057
- MDARK:
- ark:/81055/vdc_100028181445.0x00119a
- LARK:
- SLARK:
- Format:
- ISAD(G)
- Reference (shelfmark):
- WD2329
- Title:
-
'The Economics of Revolution'. Original drawing of a cartoon published in Punch.5 February 1930. Artist(s): Raven-Hill, Leonard (1867-1942)
- Scope & Content:
-
'The Economics of Revolution'. Original drawing of a cartoon published in Punch.5 February 1930.
Inscribed on front: ‘The Economics of Revolution. First Babu (speaking from left to right) 'This Ghandi [sic] making three per centums too low with his shoutings.' Second Babu 'I am saying this: We have buttered our bun’ ‘and we must lie on’ ‘it.' First Babu 'But I am a poor man. How shall I keep the cat from the bag'‘; signed ‘L.’ ‘Raven-Hill.’
Charcoal; 10.5 by 13.25 ins.
Presented by Lady Monteath, 26 April 1965.
Note: This drawing was given by Sir Cecil Kisch to Sir David Monteath.
The caricature arose out of a letter sent by the India Office on 27 January 1930 to a correspondent and published in the press:
Dear Sir,
I am directed by the Secretary of State for India to acknowledge the receipt of your letter of the 13th January, and in reply to say that, as you are doubtless aware, India sterling securities, while issued under the authority of Act of Parliament and charged on the revenues of India, are not guaranteed by the British Government. Like many other stocks, including stocks issued by a Dominion under the Colonial Stock Acts, they are by law constituted stocks in which British trustees are authorised to invest; but that is a separate question.
The Secretary of State cannot undertake to deal with hypothetical contingencies; but at the same time, in view of the tenor of your letter, I am directed by him to say that His Majesty's present Government have no intention of allowing a state of things to arise in India in which repudiation of debt could become a practical possibility, and that it is inconceivable to him that, in dealing with any scheme of constitutional change in India, Parliament could fall to provide safeguards, should they be needed, against a breach of the conditions under which these loans were issued.
In view of the interest to the general public of the questions which you have raised, this reply is being published in the Press.
Yours faithfully,
(signed) A. HIRTZEL.
In 1930 Sir Arthur Hirtzel was Permanent Under Secretary of State for India, C.H. (later Sir Cecil) Kisch was Secretary to the Financial Department and D.T. (later Sir David) Monteath was private secretary to the Secretary of State.
- Collection Area:
- Visual Arts
- Hierarchy Tree:
- [{ "id" : "032-003268057", "parent" : "#", "text" : "WD2329: 'The Economics of Revolution'. Original drawing of a cartoon published in Punch.5 February 1930. Artist(s): Raven-Hill, Leonard (1867-1942)" , "li_attr" : {"class": "orderable"} }]
- Hierarchy Record Ids:
- 032-003268057
- Is part of:
- not applicable
- Hierarchy:
- 032-003268057
- Container:
- not applicable
- Record Type (Level):
- Fonds
- Extent:
- 1 Item
- Digitised Content:
- Languages:
- Not applicable
- Scripts:
- Not applicable
- Styles:
- British school
European school - Start Date:
- 1930
- End Date:
- 1930
- Date Range:
- 1930
- Era:
- CE
- Access:
-
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- User Conditions:
- Appointment required to view these records. Please consult Asian and African Studies Print Room staff.
- Physical Characteristics:
-
Medium: charcoal
- Finding Aids:
- Mildred Archer, British drawings in the India Office Library (London, 1969) Volume I-II, 625-626
- Material Type:
- Prints, Drawings and Paintings
- Legal Status:
- Not Public Record(s)
- Names:
- Raven-Hill, Leonard, 1867-1942
- Subjects:
- caricatures