THE SILVER QUESTION, 23rd Oct.
Revren's telegram published in to-day's issue confirms the statement made by the Times that the Government decline to re-open the Indian Mints, or enter into a Monetary Conference, but that, on the other hand, they are prepared to consider alternative measures for the rehabilitation of silver. What this latter promise amounts to is very doubtful, and unfortunately for all of us in the Far East it probably means that the Government will refuse to do what many men of Indian financial experience declare is absolutely necessary to save India from further trouble in the future, but will be content with a shiily-shaily policy that in all probability will secure no practical result, and will end in making matters worse than they are at present.
Text read from the printed page and cleaned; old type leaves the occasional error.