Loans, 2, 3, 15, 86; and discounts, selection of, 40-43; Canadian system, 128, 129; fluctuations, 97; German land bank, 147-162; in the interest of big business, 167; limits to, 52, 55; long-term, 2; pernicious practice of national banks, 83; and reserve system, 95; short term, 2 Local banking, 62, 63 London stock exchange, 165 Mints, 5 Monetary commission, 97, 98 Money of the United States, 95 Mortgage banks, 169; France, 160-162; Germany, 148-163; Italy, 162; mortgage bonds, 169; mortgage loans, long period, 167 Municipal banks, 139 National banks, 8, 9, 54, 70-75, 80, 82; federal reserve, 98, 99; money in vaults, 91; notes, 96; pernicious loan practices, 83; subscribed to federal reserve banks, 98 National Reserve Association, 98 New York City, assay office, 81; central reserve bank, 78; clearing center, 24, 80, 81; stock exchange, 81, 82, 92, 165 Notes, bank, 19-21; central banks of Europe and supply of, 102; Canadian, 126-133; bank of England, 105; of France, 117, 118; of Germany, 121; issue of, 19-21; issue privileges, 37, 38; government, 39; limitation of issue, 58; promissory notes, 43; regulations regarding, 52; safeguarding issue, 56; volume of United States, 96 Oklahoma, mutual insurance plan, 60 Overdrafts, 16 "Panicky" conditions and feeling, 94, 95, 97 Par of exchange, 31, 32 Paris stock exchange, 165 Passbook, 15, 16 Postal savings banks, 139, 141 Promissory notes, 12, 14, 19-22, 43 Prior lien, on assets, 56, 58 Protection against unsound practices of banks, 46-52; 59-61 Publicity, a safeguard, 59 Rate of discount, law in France, 118; of exchange, 26, 27 Rates, 44-46; raising on loans and discounts, 29 Real estate and banks, 52 Reserve banks, Federal, 98-100; central reserve, 78; cities, 24, 78 Reserves, administration of funds, 100; bank, 35; English system, 108-110; in national banks, 73; operations of system, 91-94; regulations regarding, 52, 54; secondary, 35-40; in state banks, 69; in country banks, 73 Safety, in savings banks, 140; fund, 56, 57 Savings banks, 6, 9; defined, 139 Saving and saving institutions, 136-141 Secretary of the Treasury and surplus funds, 88-90 Securities, dealings in the stock exchange, 163, 164 Security, liquid, 53 Silver dollars, 96 Sixty-day bills in foreign exchange, 33, 34 Societe Algerienne, 114 Societe Generale, 115, 116 State banks, 9, 68-70, 79, 82; and Federal reserve, 99 St. Louis, central reserve bank, 78; clearing center, 24 Stock exchanges, 163-166 Stockholders, liability of, 46-48 Surplus, 17, 47 Trade or mercantile bills, 34 Treasury of the United States, 75-78; operations, 88-90 Trust companies, 9, 141-144 Trustee banks, 139