[Since the publication in this Journal of Paṇḍit Bhagvānlāl's article on the Western Kshatrapas, a period of no less than four years has elapsed. The delay in issuing this, the final portion of his notes, is due to the fact that a study of these notes convinced me of the impossibility of publishing them in anything like their original form; and my task was postponed, until Dr. Bühler most generously undertook to revise the most important part of the Paṇḍit's work, viz. that which deals with the inscriptions engraved on the Lion Capital. Dr. Bühler's results, which are published in another article in the present number, have enabled me to deal with the rest of the work. While I have been obliged to omit some portions and to correct others, I have endeavoured, as far as possible, to give a concise and connected exposition of the Paṇḍit's own views.