The
final pattern issued in March 1835, showed the bust of the King on the obverse
and the lion and palm on the reverse. This design was also submitted in gold as
a pattern for a double mohur [1]
(see above). In April the Governor General replied that he had selected for the
obverse the King’s head and for the reverse the legend ‘East India Company’
with the value in English, Persian and Nagri and a
lotus flower and myrtle wreath. It was also decided at this time that they
would not wait for matrix dies to be sent from
[1] Pridmore
p5-6, 45
[2]
Bengal Consultations. IOR P/162/86,
April 1835, No 22.
Letter from Government to Calcutta
Mint Committee dated
Your letter of 31st ultimo
has been duly submitted to the Honorable the Governor
General in Council with the various specimens of proposed new coinage
accompanying it.
I am directed to inform you that the
rupee having on one side the device of His Majesty’s head, and on the reverse
the inscription ‘East India Company’ together with the nominal value of the
coin in English, Persian and Nagree, and the
representation of a lotus flower and myrtle wreath, has been approved by the
Governor General in Council as the model for the future coinage of the rupee of
British India. Your suggestion for introducing on this coin the straight
milling of the English currency is also approved and sanctioned.
The Governor General in Council does
not contemplate suspending the introduction of the new device until matrix dies
can be obtained from England. You will therefore be pleased to communicate with
the Madras, Bombay and Saugor mints with the view of
effecting a change in the rupee currency throughout British India with all convenient
expedition.
It will be of course necessary as
subservient to this measure to change the rupee of account on the general books
of this Presidency as suggested by you. The Governor General in Council on the
adoption of the new unit approves of the conversion of all sicca
values and amounts into it at the intrinsic par of 16/15.
I am directed to call for further
reports and suggestions from you as to a correspondent change in the gold and
copper currency of British India, which it will be advisable to submit at your
earliest convenience.