farm laborers how affected by U. S. notes, 473; of professional men and school teachers, 473-74; of soldiers, 475-77; inprovement in, after war, 478, 479.

Washington: Commission convenes at, II; Exec. Com. assembles at, 14. Ways and Means, Committee on prefers legal-tender bill to Chase's plan, 408; brings forward second legaltender bill, 411; brings forward third legal-tender bill, 413.

West: banks of, call for reserves of Eastern banks in the autumn, 153; why money is scarce in, 156-57; scarcity in not due to general scarcity, 157; banks in have low circulation, 191-93; circulation of inadequate after Civil War, 204, how unfavorably affected by bond deposit requirement, 226-27; early bank issues in, 284-92; Eastern notes circulating in, in 1863, 307; how supplied with currency to move the

crops, 321-22; would encourage activity of redemption under Commission's plan, 339; deficient in bank capital and currency, 371; credit period in, 324; present credit situation in, 375; issue of bank notes might be made profitable in, 378.

Wilkie, D. R.; explains Canadian system of redemption, 329-30. Windom, Secretary: views on inelasticity of national bank note currency, 322. Willis, H. Parker: Assistant to Commission, 18.

Wilson, A. E.: appointed member Exec. Com., 10.

Wisconsin: free banking in, 300. Withdrawal of notes: early provisions for, 205; provisions for in act of June 20, 1874; provisions for in act of July 12, 1882, 209; considerable, takes place subsequent to 1882, 210.

Wright: introduces bill to increase legal tender notes, 424.

Abrasion: gold coins, 516, 517r.

Alloy composition of, 494, 498, 518r; amount of (see Fineness). Assaying: foreign coins, 497, 500; U. S.

coins, 497 (see also Charges on Bullion).

Banks (see National Banks, Gold Banks,

State Banks).

Bank Currency: laws relating to, 505-15,

517, 519-32r.

Bills of Credit: states not to emit, 493. Bimetallism: international conference to consider, 535; favored by U. S., 541, 543.

"Bland-Allison" Act: 534. Bolivia: coins of, how rated, 496. Bonds: authorized, 501-2; interest on, 501-2, 523r; exchange of, for U. S. notes, 502; purchased or exchanged by Secretary of Treasury, 504, 509; amount deposited by national banks, 506, 522r; amount reduced, 537; forfeited by national banks to be cancelled or sold, 507, 528; depreciation

of, how made good by banks, 523r. Branches: of banks, 522r.

Brazil: coins of, how rated, 496.
Bronze Coins. 500 (see also Cent and
Two-Cent).

Bullion: gold and silver deposited for

coinage, 494, 498; exchanged for coin, 494, 497, 519r; depositors' rights, 494, 498; amounts and quality receivable at mint, 499, 516, 519; imported, 519r; gold, 517, 519r; silver, to be coined into trade dollars, 5197; purchase of by Secretary of Treasury, 534-35, 538, 540 (see also Charges on Bullion). Cancellation: notes, previous to 1862,

504; bonds, 506, 528r; fractional currency, 520; U. S. notes, 505, 507; Treasury notes, 507, 510. Cent: copper, composition and weight, 494, 499; discontinued, 500; nickel, 500; bronze, 500; legal tender, 501. Central America: coins of, how rated, 496.

Certificates: of U. S. notes exchangeable for bonds, 502, 504; may form part of lawful reserve, 502, 503, 504, 510, 513, 514, 527: of temporary loan, redemption and cancellation of, 515; interest on, 503; gold, receivable for duties on imports, 508, 517r, 538; silver, 535, 537.

Charges on Bullion: coining, 494, 519, 531; exchanged for coin, 494, 497; reducing to standard, 494, 499, 500; casting, 500, 519r.

Chili: coins of, how rated, 496. Circulation and Circulating Notes (see

Gold Notes, National Bank Notes, Post Notes, State Banks, U. S. Notes, Treasury Notes). Clearing-House Certificates: as part of reserve of national banks, 527. Coin, Coins, and Coinage: provisions of U. S. constitution on, 493; coins authorized (1792) 493-5, (1849) 499, (1851) 499, (1853) 499-500, (1857) 500-1, (1864) 500, (1875) 533, (1878) 534; coinage laws, 493-501, 511, 515, 517-21, 531, 536 (see also Abrasion, Alloy, Bullion, Fineness, Foreign Coins, Legal Tender, Rate. Ratio, Reserve, Seigniorage, Standard, Weight, and names of metals and coins).

Colombia: coins of, how rated, 496.
Compound Interest Notes: 513, 514.
Comptroller of Currency: office of, 5177;
duties of, 509, 514, 515.
Conference: bimetallic, 535.
Congress power to coin money, 493;
Director of Mint to report to, 494.
Constitution provisions of as to money,
493.

Copper coins: authorized, 494; weight changed, 498; redemption of, 515. Counterfeiting: 499.

Currency, Bank: laws relating to, 505-15, 517, 519-32r.

Currency, Fractional: stamps used for, 505; issued by Secretary of Treasury, 507, 510; prohibited, 510, 520r; re

demption, 510, 531; cancellation of, 520r; replaced by fractional coins, 531. Currency, Government: laws as to, 50114; reduction of suspended, 513, 520r; what obligations may be settled with, 517 (see also Certificates, Treasury Notes, United States Notes). Currency, National (see Gold Notes, Government Currency, National Bank Notes, Treasury Notes, United States Notes). Denominations (see under various moneys).

Deposits in U. S. Treasury: U. S. notes

in exchange for bonds, 502, 504; temporary loan, 502, 504; gold coin and bullion, 517r; silver coin, 535. Designs of coins: 494, 498. Dimes and half dimes: fineness and

weight, 493, 498, 499, 516; half dime discontinued, 516; legal tender, 495, 498, 500, 516.

Director of Mint: office, 493; duties of, 494, 500.

Dollar unit of U. S. currency and ac

counts, 493-95, 519r; silver, fineness

and weight, 493, 498, 516, 518r, 534; legal tender 495, 497, 498; discontinued, 516; reauthorized, 534; trade, legal tender up to $5, 516; not legal tender, 534; recoinage, 540, 542; gold, fineness and weight, 499; legal tender, 499; unit of value, 516, 518r; discontinued, 542.

Duties: must be paid in coin, 503; or coin

certificates, 5177; or demand Treasury notes, 501, 503. Eagles (double, half, and quarter): fineness and weight, 493, 497, 516; double authorized, 499; legal tender, 495, 498, 499, 516.

England coins of, how rated, 496. Exchange bullion for coin, 495, 497;

U. S. notes for bonds, 502; notes for bonds and bonds for notes, 504; of Treasury notes, 510; silver coin for gold coin, 5197; foreign (see Foreign Coins).

Expenses: of mint, how met, 495; refining, 494; notes furnished and replaced, 524, 529.

Fineness of Coins (see names of coins).
Five-cent piece: 518r.
Foreign Coins: value regulated by Con-

gress, 493; acts regulating value,
495, 520; valuation by assay, 500;
to be proclaimed annually, 520; not
legal tender, 521 (see also under
names of countries).

Fractional Currency (see Currency, Fractional).

France: coins of, how rated, 496. Gold Banks: organization of, 526, 532; reserve of, 526; conversion to national banks, 536. Gold Certificates (see Certificates, Gold). Gold Coins: (1792) 493; dollar and double

eagle, 499; three-dollar piece, 500; legal tender, 493, 498, 499, 516; rate of those minted anterior to 1834 498 (see also under names of separate coins and Foreign Coins). Gold Notes: how issued, 526; received at par by national banks, 526. Great Britain: coins of, how rated, 496; value of pound sterling fixed, 520. Government Currency (see Currency,

Government).

Half Dollars and Quarter Dollars: weight and fineness, 493; legal tender, 495, 498; up to $5, 500, 516; World's Columbian souvenir, 518. Interest: bonds, 501, 502, 511, 524;

Treasury notes; 501, 506, 511; temporary loan certificates, 502, 513, 514; interest on public debt to be paid in coin, 502; or gold certificates, 508; coin for payment of, 503, 508.

Laws: coinage, 493, 501, 511, 515, 51721r, 533, 536; U. S. government currency, 501-14; bank currency, 505-15. 517, 519-32r.

Legal Tender: of states restricted to coin, 493; gold and silver coins (1792), 495 (1837), 499; foreign coins, legal tender value of, 496-97; not legal tender, 521; gold, minted anterior to 1834 not, 498; gold (1849), 499; silver coins continue (1837), 498; threecent, up to 30 cents, 499; halves, quarters, dimes, and half dimes (1853) up to $5, 500; cent, up to 10 cents, ⚫ reduced to 4 cents, 501; U. S. notes 502, 503, 505; Treasury notes, 507; trade dollar not, 534; restored, 534. Loans: national authorized, 501. Mexico: coins of, how rated, 496. Minor Coins: enumerated and defined,

518r; legal tender, 521r. (See also names of coins.)

Mint: established (1792), 493; supplementary act (1837), 498; officers and their duties, 493, 498.

Money of Account: for U. S., 495. Nickel Coins: five-cent and three-cent. 518r.

National Bank Notes: conditions of issue,

506, 508, 511, 515, 522-24r, 530; denominations, 524r; printing, how

paid for, 524′′; amount of, 524r, 532; worn notes replaced, 525r, 537; form of issue, 524 r; quasi legal tender, 525; redemption, 541-2 (see also Interest).

National Banks: acts creating, 505, 508;

"National Bank Act" defined, 529; bonds deposited, 506, 508, 523r; amount reduced, 537; capital, 508, 521; circulation, apportionment, 508, 524; limited, 526r; limitation removed, 532; of other notes forbidden, 525; redemption, 508, 523, 527; reduced, 524, 530; comptroller, office and duties of, 509, 514, 515, 517; duties to U. S. government, as depositories, 522r; receive national currency at par, 522r; pay charges for renewing notes, 529; examination of, 528; extension of, 536; new, 511; organization of, 521r; receivers, 528r; reports 509; reserves, 526r; shareholders, responsibility, 508, 522r; state banks converted into, 508, 511, 522r (see also National Bank Notes). Notes, Circulating: less than $1 prohibit

ed, 505, 520; taxed, 508 (see also Certificates, Compound Interest Notes, Gold Notes, Post Notes, State Banks, Treasury Notes, U. S. Notes). Peru: coins of, how rated, 496. Portugal: coins of, how rated, 496. Post Notes: restrictions on, 508, 525r. Pound Sterling: how rated, 496; value

fixed, 520r.

President: approval of as to alloy, 494;

to make proclamation as to foreign
coins, 497.

Quarter Dollar (see Half Dollar).
Rate of coins: foreign coins, 495, 497;

gold minted anterior to 1834, 498; determined by assay, 500, 520r. Ratio: gold to silver (1792), 494, 535, 541.

Recoinage: foreign coins, 497; gold

coins reduced by abrasion, 516; trade dollars, 540; abraded subsidiary sil

ver, 542. Redemption: token or minor coins, 515;

fractional currency, 520, 531, 533; "National Bank Note redemption account," 542 (see also names of notes).

Reports to Congress, 493; National Bank to Comptroller, 509, 514, 528; Comptroller to Secretary of Treasury, 515. Reserve of National Banks: temporary loan certificates as 513, 514; gold certificates, 538; amount and char

acter of, 526-27r; 528-3or, reserve cities, 526-27, 539; merged in general fund of U. S. Treasury, 541. Revised Statutes: coinage, 517-21r; U.

S. government currency, 520-21r; bank currency, 521-28r. Secretary of Treasury: duties of, 517. Seigniorage: to be paid into the Treasury,

535 (see also Charges).

Silver Certificates (see Certificates, Silver). Silver Coins: (1792) 493, (1873) 516;

three-cent, 499; three-cent and half dime discontinued, 516, trade-dollar authorized, 516; replaced by standard silver, 534; twenty-cent piece, 533; legal tender, 495, 498, 499, 500; not exceeding $5, 516, 521; trade-dollar not, 534; dollar restored, 534; subsidiary in place of fractional currency, 531; transportation of, 538 539, 540 (see also under names of separate coins and Foreign Coins). Silver Profit Fund: 540, 542. Spain: coins of, how rated, 496, 497. Specie Payments: resumption of, 531. Stamps replace fractional currency, 505. Standard: gold coins (1792), silver coins

(1792), 494; gold and silver coins, 1837. 498, 518r (see also Fineness ana Weight under names of coins). State: forbidden to coin money or emit bills of credit, 493.

State Banks : conversion to national banks, 505, 508, 511, 522r; tax on notes of, 511, 513, 5177, 532. Subsidiary Coin: silver, exchange of, 536; coinage of, 540 (see also minor coins and names of coins.) Taxes: fractional currency, 508; national and state bank currency, 511, 513, 517, 532r; of state banks, 532. Temporary Loan Certificates (see Certificates, Temporary Loan). Three-cent Piece: legal tender, 499, 511; weight changed, 499; nickel, 511,

542. Three-dollar Gold Piece: authorized, 500;

weight changed, 516; 518r; discontinued, 542; legal tender, 516, 518r. Token Coins redemption of, 515 (see also names of minor coins). Trade Dollar: 516; not legal tender, 534. Transportation: fractional currency, 500;

securities, notes, etc., 529, 537; silver coin, 540. Treasury Notes: authorized, 501, 506, 509; denominations, 501; receivable for public dues, 501; exchanged for coin, 504; for U. S. notes, 502, 506;

for bonds, 510; cancellation of, 507, 510; legal tender, 507, 510, 521r (see also Interest).

Twenty cent Piece: 533.

Two-cent Piece: 500; legal tender, 501. United States: mint, 493; money and

accounts, how expressed, 495, 519r. United States Notes: authorized, 501-3, 505, 507-510; denominations of, 502, 520, 542; legal tender for

what, 502-3, 505, 507, 510; exchangeable for what, 502, 507, 527; reissue, 504, 507, 520r; cancellation, 507; redemption of, 504, 531, 532; guaranteed, 514; as special deposits, 527 (see also Interest).

Weight of Coins (see under names of coins).

Weight: valuation of coins by (see Rate).