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INDEX

(The names of important banks will be found under the dis-
tinctive part of the name rather than under the title "Bank.")

A

Abyssinia, Bank of, 537
Accommodation bills employed
in Scotland, 612
Africa, banking in, 535
Africa, Bank of, 550

African Banking Corporation,
550

Alabama, experiments with
State banking, 380-82
Aldrich, Nelson W., proposes
note issues on municipal and
railway bonds, 441; made
chairman of Monetary Com-
mission, 446

Algeciras, Conference_of, pro-
vides for State Bank of
Morocco, 541

Algeria, Bank of, creation, 539;
difficulties with loans upon
real estate, 539; revision of
charter, 540

America, Trust Company of,
sustains severe run in 1907,
713

[blocks in formation]

Argentarius, functions of, at
Rome, 4
Argentine Republic, early issues
of paper in, 507; breakdown
of the bond-secured system
of note issue, 508; plan for
restoring stable exchange,
510; operation of the Conver-
sion Office, 511; speculation
in, before 1890, 663
Arnauné, Auguste, prepares re-
port on exchange in Indo-
China, 608

Arts, demand for gold in, 703
Assets, in Mexico, left in custody

of the banks, 483; proposed
as basis of note issues in
Indianapolis plan, 431
Assignats, issue and abandon-
ment in France, 43; first is-
sues in Russia, 252
Assyria, employment of clay
tablets in, 2

Asti, bankers of, lend to Louis
IX, 7

Athens, early banking in, 2
Atkinson, Edward, opinion that

certificates of deposit are
not subject to federal tax,

413.

Australasia, Bank of, 548
Australia, banking system of,
543; expansion of loans on
landed security, 545; with-
drawal of British deposits,
546; statistical progress, 547;
effect of withdrawal of
British deposits in 1890, 666;

[blocks in formation]

Austria, National Bank of,
foundation, 224; effect of
specie suspension, 226; at-
tempt to resume, 228; regula-
tions governing circulation,
230; converted into Austro-
Hungarian Bank, 233; loans
on securities in 1873, 657
Austro-Hungarian Bank, suc-
ceeds National Bank of Aus-
tria, 233; rules governing
circulation, 234; required to
establish gold payments, 237;
adopts new monetary unit,
240; control of exchange oper-
ations, 241; gold and silver
holdings, 243; influence of five
per cent. tax on circulation,
244; variations of discount
rate, 246-47; character of
paper discounted, 247; divi-
sion of business between Aus-
tria and Hungary, 248; taxa-
tion, 249; commission
separation of Austrian and
Hungarian branches, 249
Ayr Bank, based upon landed
security, 146; failure of, 148

B

on

Bahamas, banking in, 532
Baltimore plan for currency re-
form, 426

Bank, origin of the word, 8
Bank Act of 1844, approved by

Sir Robert Peel, 120; purpose
of the limit on authorized
circulation, 121; operation of
the Act in 1847, 124; failure
to contract circulation, 126;

effect upon use of credit in-
struments, 128; intensifies
crisis of 1847, 632; beneficial
effects of suspension of, 634;
suspension of 1857, 641; sus-
pension in 1866, 649-51; pro-
posed suspension in 1890, 664
Banking, evolution of modern
forms, 16; origin of, in Italy,
17; defects of American sys-
tem revealed in panic of 1907,
707
Banking currency, recom-
mended by Indianapolis Mon-
etary Commission, 431; not
materially affected by Act of
1900, 432; plan of New York
Chamber of Commerce for,
440; provided for by Fowler
bill, 443; development of, in
Canada, 448

Bank money, used by Bank of
Hamburg, 199; by Bank of
Amsterdam, 287

Bank-notes, advantages over
coin in Scotland, 161; pre-
ferred to coin in bank failures,
169; promote banking in
Prussia, 188; connection with
crisis of 1810, 615

Banque du Peuple, of Montreal,
foundation, 452; failure of,
469
Barbados, currency and bank-
ing in, 531

Baring Brothers & Company,
assist Bank of England in
1839, 630; buy French se-
curities in 1847, 635; invest-
ments in Argentine Republic,
662; failure in 1890, 664-66;
effect of failure in United
States, 668

Bavaria, provision for new bank,
207

Belgium, foundation of Société

Générale, 277; failure of bank-
ing on landed security, 278;
National Bank of, 279; bank-
ing experience in Franco-
Prussian War, 280; proposes
Latin Union, 281; losses in
Russian enterprises, 705.
Belgium, National Bank of,
charter in 1850, 278; difficult

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