Not a single representative of the producing classes examined.

But the majority of witnesses were dead against the monetary policy of the Government.

The Currency Committee reported against the weight of the evidence.

The most important points not inquired into at all by the Committee.
The Indian Government and Currency Committee financially panic-stricken, and in dread of effects of repeal of Sherman Act.
The financial condition not such as to warrant panic.

Taxational resources not exhausted.
Sir William Hunter's statement proves that the financial conditions were full of hope.