. [Publications]. e issued under somearrangement by the existing independent banks of thecountry in their various communities. This is virtuallyan increase of credit currency. In the second place, itmight possibly be supplied from some central bank to theexisting banks in the various communities. In the thirdplace, the existing credit currency, United States notes,might be retired and their place taken with specie which,in time of stress, could be gathered in to 9. greater or lessextent in return for an increased volume of bank notes tobe issued in either one of the first two ways, It is not t
![. [Publications]. e issued under somearrangement by the existing independent banks of thecountry in their various communities. This is virtuallyan increase of credit currency. In the second place, itmight possibly be supplied from some central bank to theexisting banks in the various communities. In the thirdplace, the existing credit currency, United States notes,might be retired and their place taken with specie which,in time of stress, could be gathered in to 9. greater or lessextent in return for an increased volume of bank notes tobe issued in either one of the first two ways, It is not t Stock Photo](https://c8.alamy.com/comp/2AGA360/publications-e-issued-under-somearrangement-by-the-existing-independent-banks-of-thecountry-in-their-various-communities-this-is-virtuallyan-increase-of-credit-currency-in-the-second-place-itmight-possibly-be-supplied-from-some-central-bank-to-theexisting-banks-in-the-various-communities-in-the-thirdplace-the-existing-credit-currency-united-states-notesmight-be-retired-and-their-place-taken-with-specie-whichin-time-of-stress-could-be-gathered-in-to-9-greater-or-lessextent-in-return-for-an-increased-volume-of-bank-notes-tobe-issued-in-either-one-of-the-first-two-ways-it-is-not-t-2AGA360.jpg)
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. [Publications]. e issued under somearrangement by the existing independent banks of thecountry in their various communities. This is virtuallyan increase of credit currency. In the second place, itmight possibly be supplied from some central bank to theexisting banks in the various communities. In the thirdplace, the existing credit currency, United States notes, might be retired and their place taken with specie which, in time of stress, could be gathered in to 9. greater or lessextent in return for an increased volume of bank notes tobe issued in either one of the first two ways, It is not the province of this paper, * however, to discussthis matter. Therefore the writer contents himself withsimply mentioning these three ways. 7071—10 15 ai9 DIAGEAM OF THE PERCENTAGE OF CHECKS IN AGGREGATE DEPOSITS BY STATES. New York MasBachusetts... MiBsouri Nebraska lUinoia Oregon Miimeapta Iowa Kanaaa California Wiaconsin Louisiana Montana Utah Pennsylvania... Kentucky-. Delaware Texaa Virginia Jt -fiJL UQ 60 YO. Tennessee Nevada Colorado Connecticut... Maryland North Dakota. Ohio Florida New Hampshire... Georgia South Dakota.North Carolina.... Wyoming Idaho New Jersey Michigan Rhode Island Alabama Maine Vermont , Mississippi Kew Mexico Oklahoma Indiana West Virginia..... Arizona..... Arkansas......... South Carolina...DJst.of Columbia.. 7071 ID f > DIAGEAM OF THE PERCENTAGE OF CHEOKS IN EEItaIL DEPOSITS BY STATES. _ 10 3.0 30 bn .?0 60 70 SO 9 Wyoming. NewYork Or^D Montana MiaBouri Washington Massachusetts.... Arkansas Nebraska Illinois Kftnmf Nevada.... Utah Idaho Minnesota . South Dakota North Dakota Oklahoma Kentucky..- , Virginia.. Michigan Mississippi West Virginia Pennsylvania New Hampshire.. NewJeraey Ohio Georgia Rhode Island....;Diet. 6{ Columbia. ^ 7071—10 DIAGRAM OF THE PERCENTAGE OF CHECKS IN RETAIL lDEPOSl!frS. BY CLASSES OF BANKS. National banke , Loan and trust State banka , Private banks Stock eavinga banks., Mutual Bavinga banka National banka Loan and t