Summary: The text discusses the proposal to introduce a gold currency for India in response to the depreciation of silver and the fall of the Indian exchanges, highlighting the benefits of a gold standard. The author suggests that introducing a gold standard of valuation would prevent significant losses and proposes a gradual transition without completely demonetizing the existing silver currency. The text addresses concerns about potential difficulties and objections related to the change, emphasizing the necessity and prudence of taking action to stabilize the currency and prevent further devaluation. The argument presented aims to demonstrate the viability and advantages of transitioning to a gold standard as a remedy to the current economic challenges faced by India, focusing on the practicality and benefits of such a shift while dispelling potential objections.