The Straits Dollar was Pegged

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The value of the Straits Dollar was fixed at 2 shilings and 4 pence so as to stablised the currency.  This value remained at the same level till 1967.

Clock Tower Clock Ready

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The Hall 54m Clock Tower that is towering between the Singapore Town Hall and Victoria Memorial Hall was inaugurated. The clock itself has a 4m diameter, weighs a tonne and cost $6,000. And was donated by the Straits Trading Company to the Singapore municipality.

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