CONTENTS.

PAGE
Chapter I.—A New Banking System,[5]
Chapter II.—Specie Payments,[12]
Chapter III.—No Inflation of Prices,[21]
Chapter IV.—Security of the System,[35]
Chapter V.—The System as a Credit System,[41]
Chapter VI.—Amount of Currency Needed,[48]
Chapter VII.—Importance of the System to Massachusetts,[59]
Chapter VIII.—The True Character of the "National" System,[70]
Chapter IX.—Amasa Walker's Opinion of the Author's System,[75]

The reader will understand that the ideas presented in the following pages admit of a much more thorough demonstration than can be given in so small a space. Such demonstration, if it should be necessary, the author hopes to give at a future time.

Boston, March, 1873.


CHAPTER I.