At the present critical moment India holds the key to the situation, Only about two. weeks ago news was cabled from Bombay tot Jetfect that the Select Parliamentars Committee had recommended to the Jrovernment not. to sell silver at present and not to melt rupee coins for disposal of the bullion. Shoe:~ ly. thereafter the government dit sell on the London market its total roidings of bar silver, representing 1,200,000 fine ounces. Tt must be assumed that the spreading of th first mentioned news was a "blind, a shield under the protection of which the sale of what is actually fected in London. We hear that very large quantity of silver w:
16,000 bars were sold for delivery in Bombay, while 3,000 bars have} been directed to Shanghai. One Jean hardly believe that the Govern: ment Treasory would adopt such teeties, Therefore the Select Com-
Text read from the printed page and cleaned; old type leaves the occasional error.