Show NOT SILVER BUT GOLD india will be placed on a gold standard taking advantage of the famine and ahe plague which have impoverished ed 1 l hat land edeland prepares to display silver with gold london sept 1 abe following notice was posted at the bank of englard today the secretary of detale for india in council rives nolina that the eale of bills of exchange on calcutta bombay and madras has been suspended for a period not lees then ten the government baa very little money in india to draw on owing to the famine and ane plague having rendered the collection of taxes slow the present time my be opportune to accustom the indians to the use of rood instead of silver though it would have been attempted had not the scarcity of arisen the daily telegraph antici the action of the indian eaid today the council may leface to draw altogether ailua seeding exchange ap to the gold point and the establishment odthe old standard in india is possible |