28 W. G. Langworthy Taylor 



parison between Banks of Scotland and those of England, pp. 

 204-16; Jevons, Mechanism, p. 319; Levi, p. 282; Hamilton, ch. 

 IV, par. VIII, Scotch Bank Currency; Adam Smith, Wealth of 

 Nations, bk. II, ch. II, p. 297 (Bohn'3 ed.), also in Sound Cur- 

 rency, vol. II, no. 8 ; Conant, Scotch Bank Currency, vol. IV, no. 

 4; McLeod. ch. XIII, par. III. 



United States: Dawes, The Banking System of the United 

 States; Bolles, Practical Banking, part I, ch. Ill, The National 

 Bank System, pp. 9-14, ch. V, Hotv Banks are Organized and 

 Issue Notes, pp. 16-24 ; Walker, Money, ch. XXI, pp. 443-79 ; 

 Rhodes, Journal of Banking, March, 1890, p. 217 (Unprofitable- 

 ness of investment in U. S. bonds) ; Juglar (Banking on bonds 

 a bad system); White, Money, pp. 134-235; McLeod, p. 907; 

 The World of Finance; The Central Reserve Bank, quoting from 

 A. B. Stickney's address before the Marquette Club of Chicago, 

 Harpers Weekly, December 28, 1901 (cf. 1335, no. 2349. of The 

 Nation, December 19, 1901, p. 467, Branch banking) ; Root, Cur- 

 rency Elasticity, Sound Currency, vol. Ill, no. 23 ; Andrews, 

 pars. 92, 93, 142-45; Gouge, The Curse of Paper Money; New- 

 combe, Financial Policy of the United States, ch. VIII; Hendrix, 

 Banking not a Monopoly (cf. Nation, August 25, 1898, p. 141) ; 

 McVey. The Populist Movement, p. 192 (Fundamental ideas of 

 those demanding government money) ; Knies, Credit, vol. II, p. 

 230 (Banking on bonds), p. 454 (Government money not issued 

 for economic but for administrative purposes). 



General References: Sumner, History of Banking; Conant, 

 History of Modern Banks of Issue; Davisson, History of Bank- 

 ing: Rogers, Economic Interpretation of History, ch. X, pp. 205- 

 24; International Monetary Conference of 1881, p. 219; Cun- 

 ningham, Growth of English Industry, vol. II, p. 222 (Goldsmith 

 Bankers), p. 390 (Rise of loan system) ; Paul Leroy-Beaulies, 

 Condition for American Financial Supremacy, Sound Currency, 

 vol. Ill, no. 3, p. 3 (Why a government should not maintain a 

 paper currency). 



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