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# History of the Qaraunah Turks in India c8.122

History of the Qaraunah Turks in India c8.122

- **Language:** English

### [c8.122](https://indike.org/pramana/ins.general.prasad-1936.c8.122)

The new coin became legal tender along with the other circulating media, but the state failed to make the issue of the new coins a monopoly of its own. The result was, as the contemporary chronicler observes in right orthodox fashion, that the house of every Hindu was turned into a mint, and the Hindus in the various provinces coined lakhs and crores of such coins.⁵⁹ Forgery was freely practised; and the people paid their taxes in the new coin and purchased horses, arms, fine apparels, and other valuable articles. The

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Source: [https://indike.org/pramana/ins.general.prasad-1936.c8.122](https://indike.org/pramana/ins.general.prasad-1936.c8.122) · Pramāṇa
