In Part III of last year's JRAS. (pp. 319–24), Mr. Ramā Prasād Chanda has well summed up the controversy regarding Sir John Marshall's explanation of the word ayasa in the Taxila silver-scroll inscription recently discovered by that eminent archæologist. Mr. Chanda has, however, in his defence of Sir John, put forward arguments which, I submit, are far from convincing. I propose, therefore, to examine them in the following note.