People's Pilot, Volume 3, Number 11, Rensselaer, Jasper County, 1 September 1893 — A Great Wrong. [ARTICLE]

A Great Wrong.

In a recent speech in the British house of commons, Henry Chaplin said: “The closing of the India mints to the free coinage of silver had necessarily led to such a fall in the value of that metal within a month as the world had never before known. There had been a tremendous wrong done to the people of India who held enormous quantities of uncoined metals. By a single stroke the government had depreciated by 16 per cent, the value of the silver held by the population of India. A more flagrant act of public plunder had never been perpetrated by a civilized government. The result had been a convulsed financial situation from China to Peru.”