Note 22 — Chapter III · (continued 3)

On the subject of the history of the Indian Currency System under the East India Co., in the eighteenth and early nineteenth centuries, see a very interesting communication made in the pages of the Nineteenth Century by Mr. H.D. Macleod (Nineteenth Century, November 1894, p. 777). The question of the system established by the Order in Council of January 1841 (authorising officers in charge of public treasuries to freely receive gold coins struck in conformity with the provisions of Act xvii. of 1835, establishing the 15-rupee pieces), which continued till its rescinding in December 1852, is discussed in the evidence of Mr. T. Comber before the Royal Commission on Gold and Silver (Second Report of the Commission on Changes in the Relative Values of the Precious Metals, 1888, p. 27). For an excellent and succinct history of the Indian currency system from the end of the 18th century, see Robert Chalmers' History of Currency and the British Colonies, p. 336.