Gold as the Standard Value in Foreign Merchants Faced With)
India in Five Years Serious Limitations Simla, Aug. 23.
Constantinople, Aug. 20.
In a crowded Legislative As-rubly today, Sir Basil Blackett moved consideration of the Indian Currency Bill. He described the report the most, important contribution to India's currency problem since the Herschell Repor: of 1893, Sir Basil Blackett sai that he was convinced that the Hilton-'Young Commission would lead them some five years to a real stander: with gold as the standard value and basis of the currenc} He declared that the Bill purely transitional and besought friendly] collaboration. He repudiated the Tie ban placed on foreign Chambers of Commerce, which took effect Jon August 12, is at present subject) while, the Chambers of Commerce have been allowed to reopen.
The ban had been threatened for some time, but it was not thought that it would ever be enforced as the Government had been consider-whether to apply Turkish laws foreign Cambers or to permit operations in conformity with international obligations.—Reuter. suggestion of a 1/44, rupee, the THE HUNGARIAN NOTE Indian view, and a 1/04. rupee, The Bill proposed to impose the currency authority _statutory Judgement Upheld But Sentences obligation to maintain the rubs:
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