INDIAN FINANCE
ACTION BY GOVERNMENT. (United Press Association. —By Electric Telegraph.—Copyright.) S (Received this day at. 9.25 a.m) CALCUTTA, September 24. The Banks throughout India again remained closed to-day, but are expected to re-open to-morrow. The Government of India has issued a statement that no anxiety should be felt on the internal, financial situation, declaring there is ample money to meet all the demands, and there is no cause whatever for a panic. The declaration from London that rupees remained linked with the pound, bad a reassuring effect. Mr Schuster, Finance Minister, declared in the Assembly, that the Government would stand behind the banks in the event of a run to-morrow.
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Hokitika Guardian, 25 September 1931, Page 2
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111INDIAN FINANCE Hokitika Guardian, 25 September 1931, Page 2
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