HC Deb 23 March 1860 vol 157 c1153
MR. H. BAILLIE

said, he wished to ask the Secretary of State for India, Whether he is about to sanction the issue of a Paper Currency by the Government of India, and, if so, whether he intends to communicate the details of the scheme to Parliament and take the opinion of the House upon the subject, and whether the Government has come to a final decision with respect to the re-organization of the Indian Army?

SIR CHARLES WOOD

said, that he had sanctioned the issue of a paper currency in India. The details of that measure would be brought before the Legislative Council of India, and it was not his intention to make any statement on the subject in that House. An hon. Friend of his had already moved for papers respecting it, and they would be laid on the table of the House on Monday. As to the second question asked by the hon. Gentleman, the Government had not yet come to a final decision upon the re-organization of the Indian Army.