INDIAN CURRENCY
REPORT OF COMMISSION.
(Press Association. —Copyright). LONDON, March 6. The Indian Currency Commission recommends the gold ctandard. The reserve should be kept in iiondon, but pt least half in actual gold. The Commis sion does not encourage the use of gold in Indian rupees, notes being < a more suitable currency, but as Indian sentimeTi f desires a mint, there would bo no objection provided the coin minted is t.ho savereign. The Commission also advise appciiitment of an expert Commission to examine the question of a_ State or February, 1913, to inquire into the oircentral bank for India.
g^n ; sation of the India Office, the use of Indian bank balances, and the maintenance of the. standard currency, and also as to how far the Government was dealing fairly between the United Kingdom and India with regard to the employment of surplus revenue.)
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Nelson Evening Mail, Volume XLVIII, Issue XLVIII, 7 March 1914, Page 5
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143INDIAN CURRENCY Nelson Evening Mail, Volume XLVIII, Issue XLVIII, 7 March 1914, Page 5
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