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THE INDIAN CURRENCY PP.168. ~~~;;•• R.r;;T.l,; & EXCHANGE PROBLEM BY PROF. JW ALA PRASAD SINGHAL, M.A., LL.B., PROFESSOR OF IJOCIOLOOT •UID ICONOMIC. AT THII NATIONAL MU8LIN UNIVERSITY ALICIAIIH. Bombay Chronicle (31st. July 1921) -" .. , , the book is an up-to-date orthodox expose of Indian Demands••... and may well be t·ecommcurled to earnest students of the subject." Servant (4th. Nov. 1921)-"We recommend this book to all who wish to take an intellige11t interest in two of the most important brunches of Indian Economics." Business WorJrl (Nov. 1921)-" .... serves well the neces­ sity of ha.ving a reliable book on Indian currency and exchange ... and Indian exchtuJgo is t,be most difficult .... owing to the complicated mechnnism. The author, in spite of it, takes the reader lightly through , .• The book is quite an opportune publica· tion and well worth tl10 perusal of all interested in the subject.11 Hindu Message (19tb. Jan. 1922,)-"Prof. J wala Prasad brings to his subject a comprehensive thorou!Zhness, a keen argumentative faculty-what is more, a simplicity of exposition which appeals directly to the lay mind ... the national point of view •.. has not blinded the gifted author to the other side of the question. The credit of the book lies in stating the opponent's case in every aspect and smashing their arguments .. , ." Mr. Manmohandass Ramjee, M. L. A. (Bombay)-"! find the book is very interesting, it gives the history of currency­ and deals with all the problems connected to it. It is a very useful book for any one interested in the present situation." Prof. Shanker Yajnik, M.A. U. B. (H. University Benares)­ "1 personally think that tbe book is quite useful and I would have been glad to get such a book for examination purposes." Prof. S. K. Sundaram (Gurukul, Kangri)-''certain definite suggestions regarding the future currency policy in , giveu at the end of the book by the author, greatly add to its interest." Prof. Kalka Prasad (D. A. V. CC'Ilege, Cawnpore)-" .. it is an admimble book for the politician, the journalist and busineps men." AN EXHAUSTIVE, TO•THE•,.OINT, CONDENI!II!D I!IUT INTERESTING TREATMENT OF THE SUBJECT AT A VERY MODCRATE ,_RICE, JWALA PRASAD SINGHAL, M.A., LL.B .. Mamubhanja Street, City (U. P. India), AD VERTISEM EN1'

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AUTHORISED CAPITAL Rs. so.oo.ooo ISSUED CAPITAL 50.00,000 SUBSCRIBED CAPITAL S:J,OO,OOO PAID-UP CAPITAL. UP TO 30-6-21 20,13.802 RESERVE FUND 15.80,352 BRANCHES :-Amritsar, Bombay, Cawnporc, Calcutta, , D. J. , Ferozepore City, Gujra.nwala, Gojm, Hapur, Hoshiarpur, Hyderabad (Sind), Jammu, Jbelum, Jullanrlbar City, Karachi, K:1sur, Lahore City, Lyallpore, Ludhiana, Multan City, l\Iontgomcry, Peshawar City, Quetta, Rnwa.lpindi City, Sargodha, Srinagar (Kashmere), Sialkote City, Patiala, Umb1lla City. Umballa Cantt, and Rabon.

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The Indian ANNUAL REGISTER 1922

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~ SPECIALLY 0ES1GNi.D SAFES, Lo.:K3. PADLO::KS, STEEL SHELVES. y ~ I U~'N\TU~

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."",~--~E·~~~<'!:,L:~e. ~ ...... ,.,.'"~ 0 """'""'"":::~7-.,v-::t;; ,..,. ~-~:.:..~7,/..., ..,.1'•7 The Indian ANNUAL REGISTER 1922

BEING AN ANNUAL CHRONICLE AND DIGEST OF PUBLIC AFFAIRS OF INDIA IN MATTERS POLITICAL. EDUCATIONAL. ECONOMIC, ETC.

EDITJ.;D Bv H. N. MITRA, M.A., B.L.

PL'nLISHim llv THE ANNUAL REGISTER OFFICE SIBPUR, CALCUTTA 1922 PRINTED AND PUBLISHED BY N. N. MITTER BELA PRESS 92, KHETRA BANEAJI LANE. SIBPUR TO A!Y COUNTRYMEN Vol. I India in 1921-22 Internal Politics The Royal Message·

' .....• my sympathy in all that passes in your lives is uri& bating. • Throughout the civilised world the foundations of social order have been tested by war find change...... has been called to face new anc:l 1pec::ial problems of her own •. , •• , .• , , . That . , . . . . you will bring those problems to an iasue worthy of your hisloric past and of happ:ness for your future, that all disquietings will vanish in well-ordered progress, is my earnest wish and my con- • fi::lent belief. Your anxieties and your rejoicings are my own. Jn all that m~y touch your happiness, in all that givet you hope and pro· m ,tea your welfare 1 feel with .you_ in the spirit of sympathy.

FROM THE ROYAL MH88AGE READ OUT BY 1'HE J'R!Nt:l? OF WALES, BVMBAY, NOV. lrth. 101!1 H. R. H. The Duke's Appeal

"Since I landed I have felt around me b;tlerness and estrange ment between those who have been and should be lriends. Th' shadow of Amr•tsar has l,mgthened over the fair face of lndis 1 know how deep is the concern felt by His Majesty the Kint~ Emperor at the terrible chapter of the events in the Punjab ...... misunderstanding usually means mistaku on eithe , side...... I appeal to you all- British and Indian-to bur· along with the dead past the mistakes and misunderstandings o the past, to forgive where you hav,e to forgive, and to join hand ond work together to realise the hopes that arise from to·day.

FROM 1'E1K INAUGURAL !i/'ll'HCH IN OPENING J'Jll>' NEW UOUNCIL .41' DELHI, JAN. 1[}131 TABLE OF CONTENTS ·~0~ PAGE PAGB Chronicle of Events1921-22... 9 Jauuary 1921 9 September 1921... •12 February 1921 13 October 1921 46 Mnrch 1921 17 Nov ember 1921 50 April 1921 22 December 1921 57 Mnyl921... 26 January1922 69 Juue 1921... 29 Fobrnary 1922 72 July 1921... 33 March 1922 75 August 1921 37 India in 1921-22-A Hist.orical Symposium 77 H. R. H. the Duke of Couuaught's Arrival 81 The Duke's Reply to the Corporation Address 81 The Boycott Demonstr:itiou in Ma.dns 85 Inaugur~J.t.ion of the Madrns Leg. Council ··· 88 H. R. H. l'be Duke in Calcutta 91 Inauguration of the Bengal LPg, Council 91 The Boycott Demoustr11.tion in Calcutta 94 H. R. H. the Duke at D•lhi ... 96 Inauguration of the Chamber of Princes 96 The Royal Message ... 97 The Duke's Speech 99 Maharaja of Gwalior's Speech 102 Maharaja of Bikaner's Speech 10.! Maharaja of Alwar's Speech 106 Inauguration of the Council of State & the Leg. Assembly 106 H. E. The Viceroy's Speech 107 H. R. H the Duke's Speech 108 The Foundation Ceremony of Ind. War Me .. orial 114 H. R. H. the Duke's Speech 115 The Foundation Ceremony of new Council Chamber 118 H. R. H. the Duke's Speech 119 The Duko entertained by the Indian Army 120 The Cloeing Church Service at Delhi 121 H. R. H. th> Duke in the Punjab 124 H. R. H. the Duke at Bombay 125 Inauguratiou of the Bombay Leg. CouneiJ... 125 The Boycott Demonstration at Bombay 129 1 2 CONTENTS PAGE M. Gandhi's Letter to the Duke 129 The Close of the Duke'a Visit ... 132 Inauguration of the B & 0. Leg. Council ... 135 H. E. Lord Sinha'a Speech 136 Inauguration of the Punjab Leg. Council ... HI H. E. Sir Edward Maclagan'a Speech 141 The Non-Co-operation Movement 144 The Calcutta Student Upheaval 145 Studonta' Strike in Labore 151 Students' Strike io Bombay 154 Students' Strike in Madras 155 Argarian Riot in U. P. 156 The Nan kana Tragedy 157 The All India Congress Comm. Meeting at Bezwada .. . 161 The 1st Resolution-Men, Money & Mt111itions .. . 162 The 2nd Resolution-On Civil Disobedience ... 165 Other Resolutions 170 's Tour in Madras Presy ··· 170 His address on the Bezwada Resolution 171 The Change of Viceroyalty ... 17'/ Lord Reading in India 178 The Inauguration of Repression 179 The Policy of Divide & Rule ... 180 The Reforms Conferences 183 The Kerala Conferences 184 The Police Outrage at Ottapalam 185 The Satyagraha Campaign at Mulsi Peta ... I 87 The Riot at Malegaon 190 The Riot at Giridih 192 .--The Asaam Coolie Exodua 193 The Chand pur Gurkha Outrage 194 Revd. Andrews' Impression 197 The Chandpur Strike 201 Sir H. Wheeler' a Report 203 The A- B. Railway Strike 205 Judo-Afghan Affairs 206 The Afghan Bogey. 207 The Allahabad Dist

G,C,S I, G.C .I ,E1 Members of Executive Coundl-The Hon'blcs Rir Lionel Davidson, K,c.s.r, ; Mr Charles G~orge Tocthuntt·T, c.s.r, ; Khan Bahadur Muhammacl Habib-ul-lah, Sahib Bahndur Clh:; Kn.damangudi Srinivasa AyyBng:n. Ministers-The Hon'bks Diwan Baharlur A. :::iubbarayalu &'tldiyar, Mr. P. Ramarayaoingar; Hao Babadur K. Venkata Reddi Nayudu. GOVERNMENT OF ASSAM Governor-His Excellency Sir Nicholas Dodd Beatson Bell K.c.s.I, K.C,I.Ej Members of Executive Council-The Uon'ble Mr. William James Reid ; Tbe Hon'ble Mr Abdul Majid. Ministers-The Hon'bles Bai Bahadur Gbanasyam Bruna ; Khan Bahadur Sayed Abdul Majid. G .:»VT. OF BIHAR AND ORISSA Governor. His Excellency the Hight Hon'ble Sir Henry Wheeler, K.C .S.I., K.C.I.£. Members of the Executive Council-The Hon'bks Sir Waltf'r ~fau1lr, K.c.s.I.; Mr. Ha\·Hland LeMe~urier, c.s 1., c.I.E.; Rai Hahadur Krishna Sahay. Minister... -l'he Hon'bles Khan Bahadur SaiyiJ. Muhammad fo'akllr· udJin ; Mr Madbusu.Jan Das. c.I.&. GOVERNMENTOFBURMA Lieutenant-Governor-The Hon'ble Sir Reginald Henry Craridock. Official Memters-Council of the Lieutenant-Governor-Hon'blcs )frederick Lewisohu, !I.A.; Hobert Edward Vaughan Arbuthnot; John Mark :Somer!i Hunter, M.A. ; Walter Booth Gravely ; Hebert Edward West M:utiudell; Wilham H~:nry Lawson Cabdl ; L1eut -Col Fr<.'