SMALL COINS
Hoarding Creates Difficulties
NEW DELHI. January 11,
The hoarding of small coins in a hope of releasing them later at a profit has caused serious difficulties in India in the last few months. Some stores have tried to meet the position by giving customers postage stamps instead of small change. Tram conductors have given lOU slips.
It is officially announced that under, new regulations hoarders will be tried before the courts on summary jurisdiction in order to secure speedy punishment.
Rewards are being granted to those on whose information hoarders are epnvicted. It is also stated that in areas where hoarders were prosecuted small change had begun immediately to circulate freely.
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Bibliographic details
Timaru Herald, Volume CLIII, Issue 22478, 13 January 1943, Page 5
Word Count
113SMALL COINS Timaru Herald, Volume CLIII, Issue 22478, 13 January 1943, Page 5
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