The Indian Review July 1933 A Monthly Periodical Devoted to the Discussion of All Topics of Interest

The Government wanted to disqualify members of the Legislature from the directorate of the Bank and the House was strongly against the proposal of the Government to delete the recomendation of the Select Committee that the governor and the deputy governor must he Indians. [...] The instances of the Bank of Spain in the later part of the 19th century and of the Bank of France recently are rtuote usually on the point. [...] The early establishment of the Reserve Bank in India on right lines will be able to remove the chief defects of the Indian banking system and prepare the way for the economic development of the country in response to her needs. [...] One has to see the statistics of child mortality of maternal mortality of the diminising production of food supplies of the losses in economic wealth; of the increasing physical inefficiency of the people to be convinced that the problem here discussed is not a figment of the imaginati in. [...] We wish that the book had noticed in detail other aspects of the fruits of Indian contact with China like the enrichment of Chinese astronomy and the introduction of the method of writing the numerals in accordance with the decimal system South China where Taoism and Confucianism were strongly entrenched was not so favourable a soil for the develpment of Buddhism as the north.