(Jewish Telegraphic Agency Mail Service)
Sir Victor Sassoon has been appointed Chairman of the Indian Currency League which has for its object the stabilization of the Rupee exchange at the pre-war figure of 1 shilling and four pence, instead of 1/6 which has been recommended by the Royal Commission.
Sir Victor presided at a mass meeting of Bombay citizens convened under the auspices of the League, at which resolutions were passed protesting against the proposed establishment of the ratio of 1/6, which would be to the detriment of the Indian agriculturist.
Sir Victor Sassoon has been nominated by the Bombay Mill-Owners’ Association to represent them in the Legislative Assembly.
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