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The Problem of the Rupee, Its Origin and Its Solution

Note 95 — Chapter I

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The original mint and coinage bill contained clauses embodying the notification of 1868, compelling the Government to receive sovereigns at Public Treasuries. Cf. Gazette of India, Part V, dated July 23, 1870. But such was the degree of indifference shown that they were afterwards dropped by the Select Committee, which preferred to leave the matter to the discretion of the Executive.

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