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Newspapers.

The Journal of Commerce and Commercial Bulletin (New York).

The Wall Street Journal.

New York Evening Post.
The New York Times.

Miscellaneous

Banking Inflation and Rediscount Rates. The Journal of Political Economy. Vol XXVII. No. 9. November, 1919. Pp. 789-799.

Banking Problems. The Annals of the American Academy of Political and Social Science. Vol XXXVI. No. 3. ber, 1910.

Novem

Business Cycles and Unemployment. New York: McGrawHill Book Company, 1923.

Commercial Banking Practice under the Federal Reserve Act. Published by the National Bank of Commerce in New York Revised to October, 1921.

Copy of Letter from the Federal Reserve Board to the Chairman of the Committee on Banking and Currency, United States Senate, Relating to a bill to fix the maximum discount rate of Federal Reserve Banks. Published by the Federal Reserve Bank of Richmond, 1920.

The Curtailment of Credit. The Journal of Political Economy. Vol. XXVII. No. 10. No. 10. December, 1919. Pp. 889

890.

Deflation against Business Prosperity. Continental Trust Company. Atlanta, Georgia, March 14, 1921.

Editorial. The American Banker. Vol. LXXX. No. 5. January 30, 1915. P. 342.

Editorial. The Bankers Magazine (New York) April, 1916. Pp. 474-477.

End of Government Price-Fixing. The Journal of Political Economy. Vol. XXVII. No. 6. June, 1919.

The Federal Reserve Bank and the Farmer and Stockman. Published by the Federal Reserve Bank of Minneapolis, February 10, 1921.

Letters to College Classes in Economics and Banking Discuss

ing the Practical Operations of the Federal Reserve System. Issued by Federal Reserve Bank of Richmond, during 1921, 1922 and 1923.

Our Vanishing Gold Reserve. A pamphlet printed by the
American Mining Congress, Washington, D. C.

A Profitable Privilege. A pamphlet issued by the Federal
Reserve Bank of Cleveland, Cleveland, Ohio.

Reply of the Federal Reserve Board to a Letter from Senator
Robert L. Owen Criticising Certain Policies of the Federal
Reserve System. Published by the Federal Reserve Bank
of Richmond, Richmond, Virginia. December, 1920.
Report of the Monetary Commission of the Indianapolis Con-
vention. Chicago: The University of Chicago Press, 1898.
Report of Conference held under the auspices of the Oregon
Bankers Association in Portland, Oregon, September 5, 1918,
to consider the gold problem.

Report of the Committee on War Finance of the American
Economic Association. The American Economic Review.
Vol. IX. No. 1. Supplement No. 2. March, 1919.
Restoration of the Free Movement of Silver.

The Journal of Political Economy. Vol. XXVII. No. 6. June, 1919 Pp. 506–507.

Suspension of Exchange "Pegging." The Journal of Political Economy. Vol. XXVII. No. 5. May, 1919. Pp. 408-409.

War Finance Primer. Issued by the National Bank of Commerce in New York City. May, 1917.

THE UNITED KINGDOM.

Government Documents.

International Financial Conference. Brussels, 1920.

Pro

ceedings of the Conference. London: Harrison and Sons,
Ltd., 1920.

Memorandum on Currency 1913-1921. League of Nations.
Geneva, 1922.

Report together with Minutes of Evidence, and Accounts, from
the Select Committee on the High Price of Gold Bullion.
London: Richard Taylor and Co., 1810.

Report from the Committee of Secrecy on the Bank of England Charter. Ordered by, the House of Commons, to be Printed. 11 August 1832.

Report from the Select Committee on the Banks of Issue. Ordered, by the House of Commons, to be Printed. 7 August 1840.

Report, First, From the Secret Committee on Commercial Distress; with the Minutes of Evidence. [House of Commons Report]. Ordered, by the House of Commons, to be Printed. 8 June 1848.

Report from the Secret Committee of the House of Lords, together with the Minutes of Evidence, and an Appendix. Ordered, by the House of Commons, to be Printed. 28 July 1848. (Reprinted, 1857)

Report from the Select Committee on Bank Acts; Together with the Proceedings of the Committee, Minutes of Evidence, Appendix and Index. Ordered, by the House of Commons, to be Printed. 30 July 1857.

Report from the Select Committee on Banks of Issue together with the Proceedings of the Committee, Minutes of Evidence, and Appendix. Ordered, by the House of Commons, to be Printed.

22 July 1875.

Report of the Gold Production Committee. Presented to Par liament by Command of His Majesty. London: Published by His Majesty's Stationery Office, 1918.

First Interim Report of the Committee on Currency and Foreign Exchanges after the War. Presented to Parliament by Command of His Majesty. London: Published by His Majesty's Stationery Office, 1918.

Final Report of the Committee on Currency and Foreign Exchanges after the War. Presented to Parliament by Command of His Majesty. London: Printed and published by His Majesty's Stationery Office, 1919.

Periodicals.

The Economist.

The Statist.

Miscellaneous.

The British Banking Reform League. A Criticism of the First Interim Report of the Committee on Currency and Foreign Exchanges, by Arthur Kitson, President of the British Banking Reform League, January 11, 1919.

Editorial, "Variations in the Rate Charged by the Bank of France from 1844 to 1899." The Bankers' Insurance Managers' and Agents' Magazine (London). Vol. LXX. No. 677. August, 1900.

Editorial, "The Bank Reserve and the Rate of Discount." The Bankers' Insurance Managers' and Agents' Magazine (London). Vol. LXXVI. No. 715. October, 1903.

Editorials, "The Bank of England and the Money Market."
The Bankers' Insurance Managers' and Agents' Magazine
(London). Vol. LXXXI. March, April and July 1906.
Vol LXXXII. September, 1906.

GERMANY

Government Documents

Reichsbank, Die, 1876 bis 1910.

Organisation und Geschäfts-
Berlin: 1912.

verkehr statistisch dargestellt.

Statistisches Jahrbuch für das Deutsche Reich. Verlag für
Politik und Wirtschaft.

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Annuaire Statisque-Statisque Général de la France. Imprimérie Nationale.

Periodicals.

L'Économiste Français

Miscellaneous.

JAPAN

Annuaire de L'Économie Politique et de la Statisque.

Government Documents

CANADA

Annual Reports of the Bank of Japan.

Résumé Statistique de L'Empire du Japon. Département Im

périal de Recensement. 36o Année.

1922.

Government Documents

11o Année de Taisho,

The Canada Year Book. Dominion Bureau of Statistics.

APPENDIX B

Containing an abstract of
The Baltimore Plan
Carlisle's Plan

The Plan of the Indianapolis

Monetary Commission

The Aldrich Bill of January 7th, 1908
The Fowler Bill of January 8th, 1908
The Vreeland Bill of May 14, 1908
The Aldrich-Vreeland Act

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The present tax of 1% per annum levied upon the average amount of circulation outstanding was to be continued and to be paid to the Treasurer of the United States, from which the expenses of the office of the Comptroller of the Currency, of the printing of notes, etc., should be defrayed.

The banks issuing notes were to continue to deposit and maintain with the Treasurer of the United States a "Redemption Fund" equal to 5% of their

CARLISLE'S PLAN

National banks were to be allowed to issue notes up to 75% of their paid-up unimpaired capital, provided, that before a bank received any notes, it deposited United States legal tender notes, including notes of 1890, to the amount of 30% of its notes in circulation in a Guarantee Fund." The notes so issued were to constitute a first lien on the assets of insolvent banks.

A tax of 2 of 1% per annum was to be levied on the average amount of notes outstanding to defray expenses incidental in printing the notes, official supervision, cancellation, etc.

"Secretary Carlisle computed that if all National and state banks took out circulation to the full amount authorized, the guarantee and safety funds would absorb $228,500,000 of legal tender notes; which, he felt would go a long ways toward protecting the Government from repeated presentations of notes for redemption. Finance Report, 1894, p. LXXVIII.

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