The Problem of the Rupee, Its Origin and Its Solution

We have examined the exchange standard in the light of the claim made on behalf of it, that it is capable of maintaining the gold parity of the rupee. This was the criterion lai...

Trade is an important apparatus in a society based on private property and pursuit of individual gain; without it, it would be difficult for its members to distribute the specia...

The establishment of stable monetary conditions was naturally enough dependent upon the restoration of a common standard of value. Plain as was the aim, its accomplishment was b...

It is clear how the clear how the evolutionary process with respect to the Indian currency culminated in the establishment of a silver standard and how the agitation for a gold...

The third period (1909–14) was comparatively a moderate but by no means a slack period from the standpoint of currency expansion in India. The first three years of the period we...

It will be recalled that at the time the Indian Mints were closed to the free coinage of silver there were two parties in the country, one in favour of and the other opposed to...

The economic consequences of this rupture of the par of exchange were of the most far-reaching character. It divided the commercial world into two sharply defined groups, one us...

For once it seemed that the problem of a depreciating rupee was satisfactorily solved. The anxieties and difficulties that extended over a long period of a quarter of a century...

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