HC Deb 24 July 1913 vol 55 cc2240-1W
Mr. TOUCHE

asked the Under-Secretary for India what progress is being made in the direction of ascertaining the views of local authorities and bodies in regard to the proposed coinage of gold in India?

Mr. MONTAGU

The whole question of the proposed coinage of gold in India is under consideration by the Royal Commission on Indian Finance and Currency, who have full opportunities for ascertaining the trend of Indian opinion on the subject. Pending their recommendations, no action is being or will be taken by the Government of India.

Mr. TOUCHE

asked if the Government of India would prefer the coinage of sovereigns in India to the issue of a 10-rupee gold piece if the matter had to be determined irrespective of conditions stipulated by the Treasury?

Mr. MONTAGU

The Secretary of State can add nothing to the Government of India's statement of their own views on the subject contained in their dispatch, No. 110, dated 16th May, 1912, Paper No. 59, in the correspondence presented to Parliament (H.C. 495 of 1913). These views will no doubt be restated with necessary amplifications and explanations by their official representatives in giving evidence before the Royal Commission which is now inquiring into such matters.

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