"But what then is your reform scheme? "<M, De Witte's proposal as agreed practically many months since by the Council of State, is this: We have got at present in our circulation five hundred millions of. paper roubles; the notes being from one up to five roubles only. We propose to cancel these notes and put coined silver in their place. Seeing that our smallest fold coin is to be for ten roubles (O} gold jollers) all the mass of small notes will require to be replaced, as fast as cancelled, by paying out coined silver roubles to the bearer."
Text read from the printed page and cleaned; old type leaves the occasional error.