Vol. 6 · pages 631–635

616 DR. BABASAHEB AMBEDKAR : WRITINGS AND SPEECHES Finances, Imperial and Provincial, separation between: 526 Fisher, Prof. : 411,565, 571 Fowler, Sir Henry, Indian Currency Committee, 1898-99 : 479, 554, 576, 581,595,600 Foxwell, Prof. H. S.: 400 note, 407 note France: Bimetallic system : 355 English and French currency systems compared : 484 Gold and silver mintage, 1803-69, table: 462 Germany, currency difficulties in : 458 Giffen, Sir Robert: 455 Gokhale, Hon. Mr.: 572, 614 note Gold: Consumption in various countries, table : 560 Discoveries, effect of: 355, 356 Issue, 1917:535 Notes, value in terms of, table : 558 Price-levels compared with other commodities: 557 Silver and gold, value and production, 404 et seq.: 407 Gold currency for India : Arguments in favour : 571 et seq. Commission of 1868 : 376 Imports of gold, 1863-64 : 372 Legal tender notification, 1864 : 375 Proposals, 1864-66 : 374 et seq . Gold exchanges standard : Chamberlain Commission, 1913 :487, 489, 493 Mints, closing for silver: 490, 491 Objections to : 489, 490 Gold payments: Army remittances: 424 Civil Service remittances : 425 Rupee, cost of: 415,416 Gold standard for India : Bengal Chamber of Commerce support, 1876 : 449 Currency Committee, 1886 : 455 Currency Committee, 1898 : 456 English fiscal difficulties : 357, 358 Government scheme, 1878 : 451 Monetary Conferences : 460 et seq . Movement towards : 445 et seq . Proposals, 1859 : 368, 369 Smith, Col. J. T., plan of: 447 Temple, Sir R., plan of: 445, 446 Gold standard reserve: Danger of : 564 et. seq. Maintenance and distribution : 546 et seq. Gregory, Dr. T. E.: 555 note Gresham’s Law: 463 Gupta, Mr. : 528 note Halifax, Lord: 446 Hamilton, Lord George : 482 Herschell Committee on Indian currency, 1893-94: 472 et seq ., 600 Huskisson : 358 Inchcape, Lord : 531 Indian currency: Additions to coinage, 1893-1920 :531, 532, 533 et seq . Army establishment, effect on : 361 Banks, table of: 367 Barter, trade reduced to : 339 Chamberlain Commission, 1913 : 487, 489, 493, 542, 547 note, 550, 553, 564, 573, 585, 590, 591, 613 note Coinage and Mint Act, 1870, provisions of: 378 et seq . Convertibility of: 496, 497 Credit currency, lack of, 1859 : 366 Currency circulation, tables : 518, 519 Dislocation of parity of exchange : 396, 397 East India Company Units, table : 344 Expansion measures, 1898 : 476, 477, 478 Fowler Committee, 1898-99: 479, 554,576, 581,595,600 Gold currency. See that title Gold exchange standard. See that title Herschell Committee, 1893-94: 472 et. seq., 601 Imperial and Provincial finances, separation: 526 Mint for gold coinage : 481, 482 Mints, opening to silver: 473, 474 Moghul Empire : 336 et seq . Money market fluctuations, causes of: 391 et seq . Monopoly of issue by Government: 492 et seq . Paper currency. See that title Precious metals imports : 362, 363, 365 Redemption : 538, 539, 540, 541 et seq. Reforms, 1833 : 351, 352, 353 Rupee. See that title Silver standard. See that title Smith Committee, 1919: 513, 520, 563, 564, 577 Trade currency, 1860-70, table : 373 Trade expansion, 1842, effect of: 361, 362, 363

617INDEX Industrial pursuits, England and India, tables : 427, 428 International coinage, uniformity in : 399, 400 et seq. International Exchange, American Commission, 1898 : 459, 460 International Monetary Conferences. See Monetary Conferences Investments, Indian, Price-movements of: 422 Italy, Bimetallic system of: 355 note Jevons : 391, 409, 458 Jute industry in India, development: 430 Kemmerer, Prof. : 494, 564, 566 note, 567, 606, 607 Keynes, J. M. : 492 note, 494, 505 note, 520,532,548, 563,564,566 note, 570, 571,606,613 Kitchin, Joseph : 560 note Laing, Mr. : 370, 609 Latin Currency Union, 1865 : 356, 401 Laughlin, Prof. J. L : 401 note, 402 note, 403 note Law, Sir Edward : 591,592,594,595, 596 Legal tender: Limitation of, 597 : 601, 602 Rupee as legal tender in U. K.: 469, 470 Lewis, Prof. W.: 25 note Lindsay, A. M.: 477, 498, 554, 555, 587, 588, 589 note, 600 Liverpool, Lord : 358, 359 Londan, A. C. B.: 366 note McCulloch, J. R. : 377 note Madras, currency reforms : 347,350,351 Mansfield, Sir Willam : 457 note Marshall, Professor: 434, 457 note, 463, 507 note, 522 Meston, Sir james : 588 Meyer, Hon. Sir Wm.: 611 Mint and Coinage Committee, 1803 :346 Mint regulations under Coinage Act, 1870:380 Mints, opening to silver : 473, 474, 581 Mitchell, Professor: 557, 570 Moghul Empire, economic system under: 336, 337 Mohur: Currency unit: 446 Issues of: 346, 535 Monetary Conferences : 1878, 1881 and 1892:460,473 Money and stocks distribution table : 461 Money market, Indian, causes of fluctuation : 388 et seq . Monometallism, see Silver standard. Muir, Sir William : 449 Newmarch, F. W. : 577 note Nicholson, Professor: 102 note Nickel coinage: 536 Overstone, Lord: 486 Paper currency in India : Banks of issue : 382, 383, 384 Department for: 383, 384 Encashment regulations: 385 Establishment of: 378 Fiduciary issue, extending : 533 etseq. Independent Treasury system : 393, 395 Notes, issue of, 1915-19, table : 534 Paper pound, 1797 and 1914, compared: 608 Reserve distribution, 1862-91, table: 384 note Values, table : 370 Paper Currency Acts: 371, 391, 472, 533 Parnell, C. S.: 555 Peel, Sir Robert: 358, 361 Pierson, Professor: 484 Pittman Acts, U.S.A. : 536 Prices: Gold exchange standard in relation to : 564, 565 Indian and foreign price-levels, chart: 566, 567 Inflation during War : 564, 565, 566 Movements of prices as standard of value : 570 Rupee and sterling securities, 1873 : 422 Wages and Prices in England and India: 437, 439 Wages, silver and prices, table : 435 Probyn, Mr.: 477, 498 note, 554 note Public works in India, development: 419, 421 Reddi Garu, M. L.: 552 Revenue and expenditure in India : 415 et seq ., 419 “ Reverse Councils,” sale of: 489, 537 et. sec. Ricardo, David : 359, 554 note, 558 note Ripon, Lord: 421 Ross, H. M.: 531 note Rupee: Alteration of par, 1917-9, table: 513

618 DR. BABASAHEB AMBEDKAR : WRITINGS AND SPEECHES Rupee (continued)— Coinage additions : 532, 533, 536 Convertibility : 496 Cost of fall of, 1894-97:510 Depreciation, 1914-19: 524 East India Company’s rupee : 342,343 Economy of rupee currency : 606, 607 Gold payments, cost of, table : 416 Gold standard reserve and rupee circulation : 550 Gold, value, 1892-1922, tables : 508, 514,515,516,517 Imperial bimetallic: 469 Legal tender in United Kingdom : 470 Moghul Empire : 338, 339 Monthly fluctuations, chart: 442 Purchasing power : 517 et seq. Rupee-sterling exchange, fall of: 399 Stability, general survey : 509 Standard of value : 571 Uniform coinage, 1833, table : 351 Weight, increasing : 469 Russell, H. B.: 377 note, 400 note Scone, Hon. Mr.: 386 note, 387 note Seignorage, levy of: 356 Shirras, Mr. : 520, 528 note, 564, 613 Silver: Bounties and the fall of: 434 et seq. Cost of purchases, 1893-1920 : 552 Depreciation, attempts to prevent: 455, 456, 457, 458 Gold and silver, relative production and value : 403, et seq., 407 Indian Government purchases, 191520:536 Limited legal tender: 597 Price movements of: 511, 512, 523 Silver standard for India : East India Company’s decree: 342, 343 Evolution of: 353 et seq . Demonetization of silver, effect of: 399 et seq. Dislocation of parity of exchange, 1873:401 et seq . General nature of: 378 et seq . Instability : 415 et. seq. Smith, Colonel J. T.: 447, 468 Smith Committee on Indian Currency, 1919 : 513, 514, 520, 563, 564, 577 Subedhar, Mr. : 576 Switzerland, bimetallic system : 355, 356 note Taussig, F. W.: 484 note Taxation, increases in : 415 et seq . Temple, Sir Richard: 384 note, 387 note, 395 note, 445, 446 Thackersay, Sir V.: 581, 585 Trade : Adverse balance and fall of exchange : 527, 528, 560 Agricultural exports : 430 Bounties and the fall of silver: 434 et. seq. China and India, 1889-1908, table : 504 Cotton trade development: 428, 429, 432 Distribution of, tables : 432 Falling exchange, general effect of : 425 et seq . Imports and exports, tables : 426, 427 India and U. K. before and after Mint closure: 503 Jute industry development: 429, 430 Speculation caused by exchange fluctuations : 441 Treasury Notes, Indian, interest bearing : 366 Trevelyan, Sir Charles : 372, 374 note United States, currency difficulties : 459, 467 Units of currency, tables : 344 Van Den Berg, Mr. : 387, 390 Vishram, Hon. Fazulbhai: 588 note Walker, Prof. F. A. : 468 note Waterfield, Sir Henry : 510 note Wastland, Sir James : 589 Whitaker, A. C. : 484 note Wood, Sir Charles : 390 note, 395 note, 609