The Archive · 1926

The Indian Currency Bill

Hard Fight Expected: A Stable Rupee and the Farmer London, Dee. 10.

The Indian currene} ion is still obscure. According to a message from Delhi the Government's Currency Bill is faced with a hard fight in the forthcoming session. when the Swarajists will oppose Other groups, meanwhile, remain undecided, At the same time Sir Basil Blackett's recent speech at, Cawnpore has helped to clear the situation, especially his flat denial that the' agricultorist would in any: way suffer as a result of a rupee! ratio of 1/6, which the Bombay'

ill recently echoed by other Provinees, especially attacked for the very' reason which Sir Basil denied.

The latest development is in Cal-cutty, Madras and Delhi, where fluential newspapers have warned Bombay propagandists to stick facts and argue fairly. With a tendency for firmer exchanges, the Government's task will be easier §f an upward move occurs—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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