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proclamation of 1817, settling the value and weight of the pound

Discussion on Mr. Evans' Paper-

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Sceatæ in connection with "scot and lot

"Pilhelm" on penny of William I as origin of Bill

Penny of George III

.

Gun-money in Ireland under James II.

Bithell (Dr.).

Libra and Pondo

Meaning of sign £

Connection of "shilling" with "shekel"

Metallic value of shilling and shekel estimated from the mina
Etymology of penny

Walford (C.).

Derivation of "sterling" from "Easterling"

that the Easterlings were monks trading in the Baltic
Provinces, having a station in London, where their pure
silver became conspicuous by contrast, and hence the term
King's exchange, whereat foreigners were compelled to convert
their money into sterling coin

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83-84

84

origin of Royal Exchange

84

at Dover, where all foreign traders were to change their
money, those leaving to re-convert the sterling coin
Tokens and their connection with history of London Bridge

84

84

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The halfpence grievance in Ireland

Hamilton (R.)

Fluctuations in value of precious metals as cause of diminution in

No copper coinage in colonies

84-85

85

85

85

85

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EVELYN, on tokens

EWART (John). Obituary notice of

EXAMINATIONS, Institute of Bankers, remarks in Annual Report on

Results.

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rates of, on London

see Bills of Exchange.

2

12
60, 116, 186,
240, 294, 366,
450, 510, 512,

514, 516, 586

EXCHANGES of Notes and Settlements between banks in Edinburgh,

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FOURPENNY PIECES, withdrawal from circulation

circular of Assoc. of Country Bankers.

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FOWLER (Wm.) Resolution to abolish restriction on £1 notes, and

debate thereon, in Commons

FRANCE, gold currency in

see Banks-Bank of France.

FREMANTLE (Hon. C. W.) Report to H. M. Government on Inter-
national Monetary Conference, 1881

Circumstances leading to the meeting
conference of 1867 and its results

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420

423

358-361

321

424
424

424-425

conference of 1878, reply of England to invitation

results; propositions of United States' Commissioners
resolutions of French and English delegates in answer, recog-
mising monetary function of silver, but opposing double
standard

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Latin monetary convention, suspension of silver coinage,
India alone having silver coinage unrestricted

invitation to England by France and United States to conference
1881

reply of H. M. Government

425

425

425-426

426

426

426-427

Opening address.

Scheme of debate and procedure

Of eighteen governments represented, reservations made by twelve
The six bi-metallic countries.

427

427

427

428

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Declaration by German government, of willingness to help re-establish
position of silver

Reassembling of conference, scheme of debate

428

428

428-429

Reply of directors of Bank of England as to issue of notes upon silver
Declaration by French and American delegates

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GIBBS (H. H.), address at meeting of International Monetary
Standard Association

GILBART'S HISTORY, Principles and Practice of Banking. New
Edition, by A. S. Mitchie, notice

220-221

62

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draft clearing

with a view to its reform (see Martin)

GOLD COINAGE, our, an enquiry into its present defective condition,

Annual Report of Deputy-Master of Mint on

GOLD, in currency and as commodity
currency in France

in Germany.

in United States

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PAGE.

228

359

130-131

269

297
421-423

6

321

322

322

210-212

152-154

306, 307, 310, 313

316-317

328-335

421-423

424-436

433

433

433

434

436

remarks in Annual Report of Deputy Master of Mint (1881) on

Reports on International Monetary Conference, 1881

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8, 12

300, 336, 345

199, 201, 202,

207, 208, 523,

525, 527, 531

GREIG (W. K.) Remarks in Discussion (Wenley, Banking in
Scotland)

GRENFELL (H. R.) address at meeting of International Monetary

Standard Association

"What is a Standard ?" (notice of)

Remarks in Discussion (Martin, on Gold Coinage)

GRIGSBY (Mr.) Remarks in Discussion (Chalmers, on Bills of

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GROOME, London and County Bank v. Groome, report of case

GUARANTEE, Questions, with Answers of the Council-

discharge of, as to giving up instrument

167

216-217

363-365

346

203

73

233-239

419

of overdrawn account, if preference security in case of
bankruptcy

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9, 11

HALFPENNY of Alfred the Great

HAMILTON (Rowland) Money and Barter`

Definition of money

that money is "purchasing power"

Barter in communal village systems

Primitive forms of exchange: Moneta ard pecus

Use of precious metals for money

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historical illustration of its universal character

Fallacy of "regulating value'

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that gold in currency and gold as commodity are different

Conditions of interchange governing transfers of bullion

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Stability of gold or silver depends on university of demand, with limited

nature of supply

the silver question

basis of exchange value

Waste of precious metals
Local currencies

B

HAMILTON (Rowland)—continued.

Forms of money

bullion

coin

notes

cash balances at bankers

Tokens

Higher mechanism of exchange defined as "barter by valuation'
Clearing-house operations as "barter"

are transfers of "purchasing power" and therefore money

Professor Jevons's "ratio of exchange"

Intuitive perception of supply and demand

Commercial crises are rectifications of accounts.

Gold in Bank of England is reserve of the whole mercantile community
Appendix.

Separate and distinct trade in bills.

Bankers' differentiated from traders' bills

Discussion on Mr. Hamilton's Paper-

PAGE.

10

10

10

10

11-12

11

12-13
13-14

14

14

14-15

15

16-17

18-21

18-21

19, 21

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

HENDRIKS (F.) Remarks in Discussion (Hamilton, on Money and
Barter)

(Martin, on Gold Coinage).

25-26

85

21

348

199, 201, 202,

HOLIDAYS, bank, and payment of Bills due on those days.

207, 208, 523,

525, 527, 531

half, bank

43

post office bank

HOLLAND (John), first governor of Bank of Scotland

HORTON (S. Dana) "Sir Isaac Newton and England's Prohibitive
Tariff upon Silver Mouey," notice

HUBBARD (J. G.) table of amount of gold received at Bank of
England and percentage of light gold

HUSBAND AND WIFE-

43
120-121

37, 38

312

in regard to banking, under Married Women's Property Act,
1882 (see Paget)

separate accounts at same bank, question as to paying cheques on
total of both (with answer)

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INDIA, purchasing power of rupee, capacity of Empire to absorb new
capital, and direction in which it will most probably be required

(see Temple)

effects of disturbance in ratio gold and silver upon

INDIGO, cultivation, in India, as field for capital

INSTITUTE OF BANKERS in Scotland, Lord McLaren's Address
INTEREST, claim for, on drawn bond, question (with answer)
on loans, Bank of Scotland (1704)

INTERNATIONAL Monetary Conference, 1881 (see Fremantle and

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243

435

252

210-212
263

123

424-436

INDEX TO VOL. III, YEAR 1882.

INTERNATIONAL Monetary Standard Association
resolutions and addresses at first meeting

IRELAND, clearing system

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return of gold and silver held by Irish and Scotch banks

JENCKEN (H. D.) Obituary notice of

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PAGE.

104
215-221

270-272

308

44

JEVONS (Prof.) Investigation of loss by wear of coinage

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JOURNAL OF INSTITUTE OF BANKERS, remarks in annual report of
council on

227

371

LANGLEY (E.) address at meeting of International Monetary Standard
Association

219

74

507

LATIMER, Bishop, on the coinage, in his sermons to Edward VI.

LA TOUCHE (William Digges) Obituary notice of

LAVELEYE (Emile de) "Commonplace Fallacies concerning Money,"

notice

LAW, German, of Note issue

United States, National Bank Acts

see Acts of Parliament, Legal Decisions.

LEGAL DECISIONS affecting bankers

see Advances, Bankruptcy, Bills of Exchange, Cheques,
Endorsement, Notes, and for names see Cases.

"LEAVES from the diary of an Edinburgh Banker in 1745," notice of
LIABILITIES, National Banks of United States, restrictions on.
LIABILITY, limited, adopted by unlimited banks of Scotland

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LIEN, bankers', on securities deposited with them, case with Mr.
Chalmers' opinion

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see Company.

LOANS, Bank of Scotland (1704).

LOAN OFFICE, styling itself a bank, question as to paying cheques of
(with answer)

500

123

National Banks of United States, restrictions on

on shares, as security for advance, question (with answer)
LIMITED LIABILITY adopted by unlimited banks of Scotland

LONDON AND COUNTY BANK, appellants; Thomas Ratcliffe,
respondent, report of case

LONDON AND COUNTY BANKING COMPANY v. Groome, report of case
LONDON BRIDGE, tokens in connection with

397, 399

46-59
233-239

84

63

197, 198, 208

23

L. S. D.; or, the Origin of Pounds, Shillings and Pence (see Evans)
LUBBOCK (Sir J.) Remarks in Discussion (Chalmers, on Bills of
Exchange Bill)

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Remarks on Report of the Council read at Fourth Annual

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