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Hoarding Money in India

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Pacific Press Publishing Company · Mountain View, Cal. · Oct 14, 1908

FromSigns of the Times, Vol. 35, No. 11.

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Hoarding Money in India

Hoarding Money in India.—English financiers who are seeking to extend the railroads of India have ascertained that the people there have a mania for hoarding money. They say that when gold goes into India it is to be buried there and never returned. The very wealthy people of India hide their gold, and the middle classes hide their silver, and this means the cutting short of all improvements and the impoverishing of the lower classes.