Page:Indian Journal of Economics Volume 2.djvu/166

 GILBERT $L TER trie which should be subsidiary to agriculture, and also the development of gret urban industries like the cotton industry of Bombay which would offer an lter- of living to those whose villages re native means overcrowded. The above are general views, but it may be in- retesting to you if I go into some details with regard to the opportunities for definite progress in the parti- cular area that I am speaking of. (1) It appears to me that there is.a magnificent field open for an oil industry. South India produces in great abnndance ground nut, gingelly, many sources of coconut, besides which other plants which However,-the nut or supplies the best cooking oil, and supply valuable medicinal seed which itself exported largely and the the country, porting the fertility food oils as cotton seed, castor and oils. iroduces the oil is oil cake is lost to and by exporting your cake you are ex- of the..soil. I am glad to have be circumvented by the development of forestry, which would supersede the scrub jungle with more profitable timber and enable adequate supplies of charcoal to be obtained. Many other advantages would follow from the de'elopment of scientific afforestation. South India best known The difficulty in their exploitation But probably this difficulty could being close to Salen. is the lack of coal. theless there is in this a great asset probably capable o! a very profitable development. (3) There are in different parts o! great deposits of ,aluable iron ore, the the information that great developments in this direc- tion are planned. (2) We have in some parts, as you have in the neighborhood of Bombay, great opportunities for dee- lopmen of hydro-electric power, although not under .conditions as fa'orable for easy exploitation. 'Neyer-