Miller Convicted: Jury's Disagreement Over Daugherty, New York, Mar. 4.
The second trial of the former)
Attorney-General, Mr. Daugherty, and the former Custodian of Alien Property, Mr. Miller, on a charge! fof conspiracy has ended in a verdict of "guilty" in the case of Miller. 'The jury were unable to agree as regards Daugherty, the case against him being dismissed Miller is apps if against his sentence of two years' imprisonment and a fine of $10,000, which is the maximum, The defendants were arraigned on the charge of defrauding the Government of their honest, unbiassed services in connexion with the! granting of the $7,000,000 claim inst the Alien Property Ci New Delhi, Mar. 7, The battle began in the Legislative Assembly to-day over the rupee ratio question and promises to be a very hard-fought two-days' contest: nobody is able to' guess the result, Jas the forces appear to be absolutely evenly divided.
Sir Basil Blackett, the. Finance Member, in a speech declared that 1/4 rupee would cause financial panic all round, dislocation of business and enormous losses together with economic discontent. He marked that whatever the arguments might be for or against the mediate stabilization of the rupee at 1/6, the alternative of immediate stabilization at 1/4 was entirely out fof the question. "Tt is entirely unthinkable" said' Sir Basil, "that should suddenly and arbitrarily decree a depreciation of 11 per cent. in the value of every rupee, every currency note and every {itle to money in India. If there is a choice must, be between stabilizing the rupee at' 1/6 now and not stabiliz~ ing it, at all at present, Un stabilize the rupee now at 1 shall undo what has been have to begin all over again'
Pundit Malaviya declared that India really wanted a gold standard land a gold currency: He strongly advocated a 1/4 rupee, Sir Victor [Sassoon also advocated 1/4 as the best permanent ratio for Indi Later, The House hi agreed to consider Bil and hi Eighteen-penny Rate Adopted on Close Vote The question of the was settled by the Legis Fembly to-day voting In ds, 6d, rupee by 68 votes ty 63.
Text read from the printed page and cleaned; old type leaves the occasional error.