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usting a Commission on the Mysoreans, and then making them pay for part of the expenses of the inquiry. The progress of India may be checked by the ignorant or unprincipled action of a party in the House of Commons (and certainly will be checked if the opium faddists are allowed to have their way), but Mysore is free from the only danger that threatens India--the sacrifice of its interests in order to serve party ends in the House of Commons. CHAPTER XIX. THE INDIAN SILVER QUESTION. Since the preceding chapters were written a great and most momentous step has been taken by the Indian Government. On the 26th of June, 1893, the Finance Minister in India announced that a gold standard was to be established, and that the mints were to be closed to the free coinage of silver. This measure, which so profoundly affects the prospects of the producers and manufacturers of India, I am compelled to notice. To do so, however, in an exhaustive manner would be quite beyond the scope of this book, and I shall confine my remarks as much as possible to the points of the subject which bear upon the welfare of those who produce or manufacture anything in India. The reports[61] and papers enumerated at the foot of the page supply me with a large amount of information and opinion, but I must warn those interested in the subject that a complete view of the whole situation, as far as India is concerned, cannot be obtained from them. For some, and in my opinion the most important, points connected with the question, have either not been alluded to at all, or quite inadequately investigated. These defects I hope in some degree to be able to supply from my long experience of the effects of the expenditure of capital in developing the resources of India--and I say in some degree, because I feel sure that a much fuller investigation is required before all the far-reaching effects of this momentous measure can be adequately weighed. I trust, however, that, even in the short space I am devoting to the subject, I shall be able sufficiently to elucidate those points which dominate the situation, and a consideration of which will show that if the Government succeeds in forcing up the gold value of the rupee in the manner proposed, the prosperity of the people, the popularity of our rule, and the state of our trade in the East will be most seriously prejudiced. And now let me begin at the beginning, so that the uninformed reader may have a
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