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note circulation

section to prevent sudden contraction of circulation by deposit of
money and withdrawal of bonds

494

494

section against over-certification of cheques

494

issue by Treasury of gold and silver certificates, and 3 per cent.
bonds

495

Development of the system

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The clearing system in the United States.

New York clearing-house, its importance to the interests of the business

community during the panic of 1873

551

551, 553

552

552

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552

552

552

entrance fee fixed in proportion to capitals of banks

power of Standing Committee to suspend members
description of the operations

553

553

553

settlement of errors

return of unpaid cheques

reporting balances

554

554

555

555

555

means of packing gold coin used for payment of balances
loss occasioned by abrasion of coin

discontinuance of issue of gold certificates by Treasury and

establishment of depository of gold coin at the clearing-house
exclusion of the silver certificates issued by the Treasury

gold certificates renewed and rule respecting exclusion of silver
certificates withdrawn.

balances paid during the year ending October 1, 1881

table shewing operations during the years 1853-81

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Table giving chief points of interest at the whole of the clearing-houses
Returns for the first six months of 1882 compared with the same period
of 1881.

Records of the clearing-houses

Peculiar system at Providence

Non-issue of reports by the St. Paul and Norfolk clearing-houses

555
555 note

555 note

556

556

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Aggregate balances

561

Tables giving the transactions of all the clearing-houses

562

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

200

84

(Wenley, Banking in Scotland)

163

BELL (Mr.) Remarks in Discussion (Temple, on India-purchasing power of Rupee)

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BILLINGHURST (H. F.) Remarks in Discussion (Barnett, on National
Banks of United States).

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Remarks on Bills of Exchange Act, 1882.

Examination of those clauses which introduce new law, or legalise
customs or decisions

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PAGE.

BILLS OF EXCHANGE-continued.

Questions with Answers of Council upon—
bankruptcy of acceptor before maturity
bankruptcy of both parties before maturity
cheques drawn abroad with foreign address regarded as
cheque attached to Bill without stamp, as to payment of
endorsement and signature; honouring signature of retired
partner

payment by banker when signature as first endorser
differs from signature as drawer

payment when endorsement

endorsed per pro, not bearing banker's guarantee

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forged endorsement, protection of banker (case
submitted to Counsel, and their opinion).
recovery of notarial charges

payable to order of A.B. accepted payable at Y. L. & Co.
to A. B.," presented to banker, what course to adopt

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BILLS (Parliamentary), Mr. Lowe's, on Note Issue, 1873
Banking Laws (Scotland), Amendment Bill, description of
BIMETALLISM-
notices of articles, &c. "What is a standard?" by Mr. Grenfell
S. Dana Horton's letter to Prof. Jevons on Prohibitive
Tariff upon Silver

"How money does its work," by Prof. Bonamy Price.
"What is Money?" by Lord Sherbrooke

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264

264

214

361-362

212

419

differs and when

501

564-566

109, 177

419

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173, 174
283-284

363

37

181-185

277-279

279

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"Position and Prophecies of Bimetallists," by A. Crump
supplement to the Bullionist

extracts from annual report of United States Mint, on.
resolutions and addresses of International Monetary Standard
Association

International Monetary Conference, 1881, Report by English
delegate (see Fremantle).

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

(Hamilton, on Money and Barter)

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

BOND, drawn as security for advance, question of interest (with answer)
BONDS, with banker, question of lien

United States, deposited at Treasury by National Banks against

note circulation

BONUS, dividend and, Bank of Scotland, on capital (table).

average on Stock (table)

BRITISH LINEN COMPANY, origin

charters

capital.

BULLION, as money

shipments of, from Australia to the United States

382, 391, 395

155-156

157

129-130

130

133

10

43

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capacity of India to absorb new, and direction where required (see

Temple)

243

CARTER v. WRIGHT, report of case

CASE, with Mr. Chalmers' opinion, regarding bankers' lien on securities
with opinion of Mr. A. Cohen and Mr. Chalmers regarding
bankers' power to recover on forged endorsements

CASES, reports of-

Carter v. White

London and County Bank Appellant, T. Ratcliffe Respondent.
London and County Bank v. Groome

Suffell v. Bank of England.

Wilkinson & Co. v. Unwin

Ex parte Richdale. In re Palmer

CASH Balances at bankers, as money
Credit system, in Scotland

PAGE.

436-439

175-177

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564-566

436

45

233

568

110

284

Order, accepted payable at bank, question as to stamp (with
answer)

CERTIFICATION of Cheques in United States

CHALMERS (M. D.) Notes on the Bills of Exchange Bill

Criticisms of Mr. Behrens

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Suggested amendments

198

days of grace

199

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Remarks, as one of sub-committee, on the practical aspect of the
question

199

Martin (R. B.)

200

Crossing of dividend warrants other than Bank of England;
harmonising of the law with existing practice in the subject

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Clauses in proposed Bill considered as altering the law: Agent
signing bill not liable unless acting without authority; that bill
or note shall not be discharged when holder makes acceptor his
executor; that bill shall not be invalidated by alteration made
without holder's consent

Smith (J.)

Argument against including accommodation bills in the measure,
and suggested amendment that "value received" should not
admit of question

202-203

203

203

203

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