CONTENTS

PAGE
Preface[vii]
Introduction[1]
CHAP.
I.Constitution of Guernsey[4]
II.The Security of the Notes[6]
III.Municipal Enterprise—The Issue of the Notes[9]
IV.The Utility of tne Notes[20]
V.First Rumblings of Opposition[25]
VI.The Reply of the States[30]
VII.The Crisis[45]
VIII.The End[55]
Conclusion[59]
Appendix[61]