The Collected Writings of John Maynard Keynes, Volume 1 |
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Page 96
... crisis found the secretary of state with about £ 31 million in hand . The storm was soon on him . By the end of October 1907 it had become plain that the Indian harvest would be a bad one , and the financial crisis in the United States ...
... crisis found the secretary of state with about £ 31 million in hand . The storm was soon on him . By the end of October 1907 it had become plain that the Indian harvest would be a bad one , and the financial crisis in the United States ...
Page 100
... crisis of 1908. I have given only such details as are relevant to my main topic ― the adequacy of the reserves to fulfil their purpose . Let us consider , first , the adequacy of the reserve of coined rupees . The governing facts of the ...
... crisis of 1908. I have given only such details as are relevant to my main topic ― the adequacy of the reserves to fulfil their purpose . Let us consider , first , the adequacy of the reserve of coined rupees . The governing facts of the ...
Page 115
... crisis comes , and that then , while the decision is being taken and the best advice sought , an inadvertent delay will intervene . If there were signs of a general banking crisis in India , and particularly if the position of the ...
... crisis comes , and that then , while the decision is being taken and the best advice sought , an inadvertent delay will intervene . If there were signs of a general banking crisis in India , and particularly if the position of the ...
Contents
THE PRESENT POSITION OF THE RUPEE I | 1 |
PAPER CURRENCY | 26 |
THE PRESENT POSITION OF GOLD IN INDIA | 45 |
Copyright | |
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31 March amount Bank of Bengal Bank of Bombay Bank of England Bombay bullion busy season Calcutta capital cash balances central bank chapter circulation coinage council bills crisis demand for council deposits discount effect exchange banks export extent fact figures fluctuation foreign bills funds gold coin gold currency gold in India gold reserve gold standard reserve gold-exchange standard government of India hand held hoarding hold important increase Indian bank rate Indian currency Indian money market Indian system interest John Maynard Keynes Keynes Keynes's lakhs legal tender lend less loans ment million mints note issue paper currency reserve payment position present presidency banks profits proportion Punjab purposes question Reichsbank remittance reserve in India reserve in London reserve treasuries rupees secretary of state's securities sell short notice silver sovereigns sterling drafts sterling reserves sterling resources sums tion trade transactions transfers volume worth