John Morley: “This plea for free trade in money has all the sense and liberality of the brightest side of the eighteenth century…”

All alike concerned themselves with its truth or falsehood, with what they counted to be its abstract fitness or unfitness.

But as I read it, as I listen to serious Indian experts with large experience, it all sounds estrangement and alienation even though it be no worse than superficial.

Is it natural effervescence, or is it deadly fermentation?

No: not at all; because there is so much, I will not say of random variety, but there is so much independent use of mind upon the facts that we have to deal with, that I listen with endless edification and instruction.