...— " We are in favour of making the British sovereign a legal tender, and a current coin in India. The Indian mints should be thrown open to the unrestricted...govern the three Australian branches of the Royal Mint. The result would be that, under identical conditions, the sovereign would be coined and would circulate...

...various methods for providing India with a gold currency. The Committee say : — " We are in favour of making the British sovereign a legal tender and...govern the three Australian branches of the Royal Mint. The result would be that, under identical conditions, the sovereign would be coined and would circulate...

...sovereign and half-sovereign a legal tender and current coins in India, and the opening of the Indian Mints to the unrestricted coinage of gold on terms and conditions...govern the three Australian branches of the Royal Mint. (c) The fixing of the sterling rate of the rupee at Is. 4d. It is needless for me to say that to the...

...proceed with measures for the effective establishment of a gold standard." They say " we are in favour of making the British sovereign a legal tender and...the three Australian branches of the Royal Mint." Lastly they say: " We are of opinion that the permanent rate should be that which has been adopted...

...composed of eminent men expert in the requirements of commerce and currency, unanimously recommended that the Indian mints should be thrown open to the unrestricted coinage of gold on terms and conditions similar to those which govern the three Australian branches of the Royal Mint. Yet the Secretary of...

...mints be opened to the free coinage of gold, said : — " The proposal [of the Fowler Committee] " that the Indian mints should be thrown open to the unrestricted coinage of gold was cordially accepted by the Government of India, and steps were taken to give effect to it. Our preparations,...

...India as well as a gold standard. Paragraph 54 of their Report runs as follows : — We are in favour of making the British sovereign a legal tender and...such as govern the three Australian branches of the Eoyal Mint. The result would be that, under identical conditions, the sovereign would be coined and...

...— (1) That the British Sovereign should be made Legal Tender and a current coin in India. (2) That the Indian Mints should be thrown open to the unrestricted coinage of Gold. (3) That as soon as the Government of India had accumulated a sufficient Gold Reserve, and so long...

...unlimited extent; (3) that the sterling rate for the rupee should be fixed at Is. 4d. J ; (4) that the Indian Mints should be thrown open to the unrestricted coinage of gold; (5) that the Mints should not be reopened to the free coinage of silver; (6) that, though the Government...

...Reserve As to the introduction of gold coins into circulation in India, the Fowler Committee said: "We are in favor of making the British sovereign a...govern the three Australian Branches of the Royal Mint."3 Although favoring the accumulation of a special gold reserve out of the seigniorage profits...