CONTENTS OF VOLUME VI.

LOMBARD STREET (Preface is dated April 26, 1873)—

II. A General View of Lombard Street

III. How Lombard Street came to exist, and why it assumed its

PAGE

I

9

ΙΟ

II

22

IV. The position of the Chancellor of the Exchequer in the

Money Market

V. The mode in which the value of money is settled in

Lombard Street

VI. Why Lombard Street is often very dull, and sometimes

extremely excited

70

77

82

VII. A more exact account of the mode in which the Bank of

England has discharged its duty of retaining a good bank

reserve, and of administering it effectually

VIII. The Government of the Bank of England

IX. The Joint Stock Banks

103

130

150

164

171

XII. The principles which should regulate the amount of the

banking reserve to be kept by the Bank of England

XIII. Conclusion

Appendices.

THE METAPHYSICAL BASIS OF TOLERATION (1874) .

Monsieur GuIZOT (1874).

PROFESSOR CAIRNES (1875)

V

285935

219

238

243

THE PUBLIC Worship RegulATION BILL (1874)

Depreciation oF SILVER (February 5, 1876, to December 30, 1876)—

Preface

I. The low value of silver and its effect on India

II. The remedies for the fall in silver.

266

III. Further suggestions on the fall in silver

IV. The effects of the resumption of specie payments in France

on the price of silver

268

274

V. The effect of a depreciation of silver on our foreign, and

especially on our eastern trade

VI. The extreme fall in silver, and the hasty remedies proposed 279

VII. The Report of the Committee on the depreciation of silver . 283

VIII. The proposal of the Bengal Chamber of Commerce to suspend

the coinage of silver in India.

IX. The debate on the Indian Budget.

X. The different effect on trade of a cheapening of the precious

metals, and of a depreciation of inconvertible paper

295

300

303

XI. The American Commission on the currency .

XII. The permanent effect of an increase of "Council Bills" on

the flow of silver to India and upon the Indian

Exchanges

.

307

XIII. The effect of the "Council Bills" on the Indian Exchanges 317

XIV. The minute of the Indian Government on the depreciation of

XV. A proposed remedy for the depreciation of the silver coinage

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DEPRECIATION OF SILVER (February 5, 1876, to December 30, 1876)—

268

IV. The effects of the resumption of specie payments in France

on the price of silver

V. The effect of a depreciation of silver on our foreign, and

especially on our eastern trade

274

VI. The extreme fall in silver, and the hasty remedies proposed 279

VII. The Report of the Committee on the depreciation of silver

VIII. The proposal of the Bengal Chamber of Commerce to suspend

the coinage of silver in India.

IX. The debate on the Indian Budget.

283

295

300

303

307

X. The different effect on trade of a cheapening of the precious

metals, and of a depreciation of inconvertible paper

XI. The American Commission on the currency

XII. The permanent effect of an increase of "Council Bills" on

the flow of silver to India and upon the Indian

Exchanges

XIII. The effect of the "Council Bills " on the Indian Exchanges 317

XIV. The minute of the Indian Government on the depreciation of

XV. A proposed remedy for the depreciation of the silver coinage

of India.