INDIAN CURRENCY.
&QLD STANDARD RECOMM'BNDBD. By C«!i!V:T,p;t--.P;resS '" , • Itareh. G, 10.55 p.w.) London, Mareh- 6. Tito Indiiu Currency Commission appointed in I'-ebriiar-.v of last year recommends the adoption of tho, gold standard for India., and considers that a reserve should be kept in tondon, and at least half gf it in actual goltl, Tjiii re-liort does not encourage t-ho iiso of 'Bold in India, as i'tipces a.nd npt.es avo more swHablo eurrency., but if Indian .sentiment desires the estahlishmeiit af a Mint there would bo no o'hiectiaii provided the eojn minted is tho sovereign.
Tho Coteisissiotiers also advrso th 6 appo-iiitnicnt cf an expert- commission to esamino the> question of a State or central bank for India.
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Dominion, Volume 7, Issue 2001, 7 March 1914, Page 5
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116INDIAN CURRENCY. Dominion, Volume 7, Issue 2001, 7 March 1914, Page 5
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