enhanced value.

proclamation of 1817, settling the value and weight of the pound

Discussion on Mr. Evans' Paper—

PAGE.

75

75

75-76

76

76

76

76

76

76

76

76

77

77

78

78

78-79

79

79

79

Derivation of "sterling" from "Easterling"

that the Easterlings were monks trading in the Baltic
Provinces, having a station in London, where their pure
silver became conspicuous by contrast, and hence the term
King's exchange, whereat foreigners were compelled to convert
their money into sterling coin

origin of Royal Exchange

at Dover, where all foreign traders were to change their
money, those leaving to re-convert the sterling coin
Tokens and their connection with history of London Bridge

Bastable (Mr.)

ஐ க்க க்கக

83-84

84

84

84

84

Fluctuations in value of precious metals as cause of diminution in

84

84-85

85

85

85

85

85

85

86

86

86

86

86

86-87

87

87

87

87-88
88

88

PAGE.

EVELYN, on tokens

EWART (John). Obituary notice of

EXAMINATIONS, Institute of Bankers, remarks in Annual Report on.

Results

71-72

380

372

440

441-448

448-449

2

12

60, 116, 186,

240, 294, 366,

450, 510, 512,

514, 516, 586

EXCHANGES of Notes and Settlements between banks in Edinburgh,

FOWLER (Wm.) Resolution to abolish restriction on £1 notes, and

FREMANTLE (Hon. C. W.) Report to H. M. Government on Inter-
national Monetary Conference, 1881

423

358-361

321

424

Circumstances leading to the meeting
conference of 1867 and its results

conference of 1878, reply of England to invitation

results; propositions of United States' Commissioners
resolutions of French and English delegates in answer, recog-
nising monetary function of silver, but opposing double
standard

Latin monetary convention, suspension of silver coinage,
India alone having silver coinage unrestricted.

invitation to England by France and United States to conference

424

424-425

425

425

425-426

426

426

426-427

427

Scheme of debate and procedure

Of eighteen governments represented, reservations made by twelve
The six bi-metallic countries.

427

427

428

Declaration by German government, of willingness to help re-establish
position of silver

428

Motion of adjournment

428

Reassembling of conference, scheme of debate

428-429

Reply of directors of Bank of England as to issue of notes upon silver
Declaration by French and American delegates

GERMANY, Bank Act of, 1875, and Issue of Notes

declaration upon silver question at International Monetary

Conference.

gold currency in

GIBBS (H. H.), address at meeting of International Monetary
Standard Association

GILBART'S HISTORY, Principles and Practice of Banking. New
Edition, by A. S. Mitchie, notice

172-174

428

322

220-221

62

draft clearing

GOLD COINAGE, our, an enquiry into its present defective condition,

PAGE.

228

359

130-131

269

297
421-423

6

321

322

322

210-212

152-154

remarks in Annual Report of Deputy Master of Mint (1881) on

Reports on International Monetary Conference, 1881

Stock of gold in Europe, 1871

Supply and demand of gold

total production of gold mines of the world
demands upon this supply

effects of appreciation of gold

stability of, depends on demand and supply
GOLDSMITH'S COMPANY, Jury of the Pyx

GRACE, days of, in relation to Bank Holidays

8, 12

300, 336, 345

199, 201, 202,

207, 208, 523,

525, 527, 531

GREIG (W. K.) Remarks in Discussion (Wenley, Banking in
Scotland)

GRENFELL (H. R.) address at meeting of International Monetary

Standard Association

"What is a Standard ?" (notice of)

Remarks in Discussion (Martin, on Gold Coinage)

GRIGSBY (Mr.) Remarks in Discussion (Chalmers, on Bills of
Exchange Bill)

GROATS, coinage of

GROOME, London and County Bank v. Groome, report of case
GUARANTEE, Questions, with Answers of the Council-

-

discharge of, as to giving up instrument

of overdrawn account, if preference security in case of
bankruptcy

to banker, if subject to Statute of Limitations

GUINEA, coinage of

HALFPENNY of Alfred the Great

HAMILTON (Rowland) Money and Barter

Definition of money

that money is "purchasing power".

Barter in communal village systems

Primitive forms of exchange: Moneta ard pecus

Use of precious metals for money

-historical illustration of its universal character

Fallacy of "regulating value"

that gold in currency and gold as commodity are different

Conditions of interchange governing transfers of bullion

Stability of gold or silver depends on university of demand, with limited

HAMILTON (Rowland)—continued.

Forms of money

bullion

coin
notes

cash balances at bankers

Tokens

Higher mechanism of exchange defined as "barter by valuation'
Clearing-house operations as "barter"

are transfers of "purchasing power" and therefore money

Professor Jevons's "ratio of exchange"

Intuitive perception of supply and demand
Commercial crises are rectifications of accounts

Gold in Bank of England is reserve of the whole mercantile community
Appendix.

Separate and distinct trade in bills.

Bankers' differentiated from traders' bills

Discussion on Mr. Hamilton's Paper-

Hendriks (Fred.).

Definition of Money as "stored value

Waste of precious metals

diminished by perfection of banking facilities

Bithell (Dr.)

Barter in modern life

PAGE.

10

10

10

10

11-12

11

12-13

13-14

14
14

14-15

15

16-17

18-21

18-21

19, 21

21

21

22

23

23

23

Remarks in Discussion (Evans, on £ s. d.)

HENDRIKS (F.) Remarks in Discussion (Hamilton, on Money and
Barter)

(Martin, on Gold Coinage).

HOLIDAYS, bank, and payment of Bills due on those days

half, bank

post office bank

HOLLAND (John), first governor of Bank of Scotland

HORTON (S. Dana) "Sir Isaac Newton and England's Prohibitive
Tariff upon Silver Mouey," notice

HUBBARD (J. G.) table of amount of gold received at Bank of
England and percentage of light gold

HUSBAND AND WIFE-

37, 38

312

separate accounts at same bank, question as to paying cheques on
total of both (with answer)

178

in regard to banking, under Married Women's Property Act,
1882 (see Paget)

INDIA, purchasing power of rupee, capacity of Empire to absorb new
capital, and direction in which it will most probably be required

INDIGO, cultivation, in India, as field for capital
INSTITUTE OF BANKERS in Scotland, Lord McLaren's Address
INTEREST, claim for, on drawn bond, question (with answer)
on loans, Bank of Scotland (1704)

INTERNATIONAL Monetary Conference, 1881 (see Fremantle and
Mallet)

243

435

252

210-212
263

123

424-436

INTERNATIONAL Monetary Standard Association
resolutions and addresses at first meeting

IRELAND, clearing system

return of gold and silver held by Irish and Scotch banks

JENCKEN (H. D.) Obituary notice of

PAGE.

104
215-221
270-272

308

44

JEVONS (Prof.) Investigation of loss by wear of coinage

349

JOURNAL OF INSTITUTE OF BANKERS, remarks in annual report of
council on

371

LANGLEY (E.) address at meeting of International Monetary Standard
Association

LATIMER, Bishop, on the coinage, in his sermons to Edward VI.
LA TOUCHE (William Digges) Obituary notice of

LAVELEYE (Emile de) "Commonplace Fallacies concerning Money,'

see Advances, Bankruptcy, Bills of Exchange, Cheques,
Endorsement, Notes, and for names see Cases.

"LEAVES from the diary of an Edinburgh Banker in 1745," notice of
LIABILITIES, National Banks of United States, restrictions on
LIABILITY, limited, adopted by unlimited banks of Scotland

LIBRARY, notes on additions to

LIEN, bankers', on securities deposited with them, case with Mr.
Chalmers' opinion

on shares, as security for advance, question (with answer)
LIMITED LIABILITY adopted by unlimited banks of Scotland

see Company.

LOAN OFFICE, styling itself a bank, question as to paying cheques of
(with answer)

500

LOANS, Bank of Scotland (1704).

123

National Banks of United States, restrictions on

397, 399

LONDON AND COUNTY BANKING COMPANY v. Groome, report of
LONDON BRIDGE, tokens in connection with

(Hamilton, on Money and Barter)

(Martin, on Gold Coinage)

LONDON AND COUNTY BANK, appellants; Thomas Ratcliffe,
respondent, report of case

L. S. D.; or, the Origin of Pounds, Shillings and Pence (see Evans)
LUBBOCK (Sir J.) Remarks in Discussion (Chalmers, on Bills of
Exchange Bill)

Remarks on Report of the Council read at Fourth Annual
Meeting

Speech in House of Commons on £1 note question

377-379
359