INDEX 
Accommodation loans, 175-179. 
Adams, C. F., 177, 202. 
Adams, J., 20. 
Appleton, N., 166, 210. 
Appreciation, and interest, 37, 38. 
Atwater, J., 19 n. 
Baker, H. F., 199. 
Balance of trade, 27, 28, 49-51, 53, 54. 
Bancroft, G., 57 n., 6o. 
Bank charter act of 1844 (Eng.), 110, 
178, 110, 141, 143. 
Banking principle, 72-75, 134-138. 
Bills of exchange, as media of payment, 
(11, 112; compared with promissory 
notes, 179-181. 
Bollman, E., 63, 72 and n., 117, 134, 
105, 175. 
Bond-secured note issue, 133, 146-149. 
Bowen, F., 8o, 191, 1909, 211, 216. 
Branch banking, 162 n., 166. 
Call loans, 218-220. 
Cannan, E., 120. 
Capital, banking and the formation of, 
Ch. 111, 102m. 
Cardozo, J. N., 52. 
Carey, H. C., 53, 54, 661n., 111, 118, 
145, 160, 183, 187, 196. 
Carey, M., 21, 23, 176, 209, 217. 
Carroll, C. H., 37, 53, 65, 71, 118, 119, 
140, 176, 105. 
Centralized banking, 165-167, 211-218. 
Clearing operations, 16, 17, 156, 157, 
2141. 
Colonial views, on functions of banking, 
11; on inflation, 26-29; on expulsion 
of specie, 49; on convertibility, 125- 
128; on gold premium, 131 n. 
Colwell, S., 16, 17, 33, 66-68, 66 n., 95, 
119, 120, 135-138, 141, 178, 179, 203. 
Control of banks, 150-161, 162 n., 163— 
166. 
Convertibility of notes, 58-63, 125. 
Cooper, T., 15, 24, 32, 160, 175. 
Crawford, W. H., 61, 128. 
Credit, and the business cycle, 189-101. 
Crises, Ch’s XVI, XVII; of 1857, 166, 
212-220. 
Currency principle, 70, 71, 110n., 114, 
139-142. 
Deposits, importance of, 12 n., 13, 14, 
16, 17, 109 n.; as currency, 42, 109— 
111; creation of, 112-120; latter-day 
discussion, 120-124. 
Dew, T. R., 64, 111, 183, 197, 198, 204, 
205. 
Discount rate, 182-186, 209-211. 
Douglass, W., 28, 29, 37, 38, 48. 
Dunbar, C.F., 120. 
Dutton, G., 194. 
Dwight, E., 213, 214, 219, 220. 
Elastic currency, Ch. VII. 
Farmers, bank loans not available to, 
92, 93. 
Farmers’ loans, 171-173. 
Franklin, B., 27, 36 n., 40, 49, 125, 
126. 
Free banking, 160, 161. 
Gallatin, A. A. A, 13, 35-37, 43, 44, 46, 
110, 112, 115, 116, 144, 163, 183, 
189. 
Gouge, W. M., 19, 35, 44, 45, 72, 81, 
86andn., 96, 112, 176, 177, 193, 104, 
203, 204, 215, 216. 
Hamilton, A., 30, 31, 36, 43 n., 51, 03, 
110, 117, 130, 159. 
Hare, R., 12, 87-89, 87 n., 110, 118, 208. 
Hildreth, R., 64, 74, 128, 144, 160, 164, 
184, 197, 198, 204. 
Hooper, S., 64, 94, 153, 154, 214 and n. 
{ndependent treasury, 215, 216. 
[Interbank loans, 181, 182, 212 n. 
Interest on deposits, 154, 155, 216-218. 
[nterest rate, banking and the, 35-37; 
appreciation and the, 37. 
Jefferson, T., 20, 44.