[174] Senate Document, No. 405, 1910. For the Bank of England, see p. 25; for the Crédit Lyonnais, pp. 224-226; for the Deutsche Bank, pp. 374-375.
[175] Statist, 1912, p. 577.
[176] "The Prospects of Money," British Economic Journal, Dec. 1914.
[177] Cf. Ashley, W. J., Gold and Prices, N. Y., 1912, pp. 21 et seq.
[178] Cf. von Mises, "The Foreign Exchange Policy of the Austro-Hungarian Bank," British Econ. Jour., 1909, vol. 19. Cf. Keynes, Indian Currency and Finance.
[179] Conant, Principles of Money and Banking, vol. II, p. 50. In 1899, the reserve of the Bank of Belgium consisted of 107 millions (francs) in specie, and 108 millions in foreign bills.
[180] Principles of Economics, vol. I, pp. 432 et seq.
[181] In the chapter on "Quantity Theory and International Gold Movements," infra.
[182] The Joint Stock Banks in England keep "till money" in cash, even though their "reserves" are chiefly deposits at the Bank of England.
[183] Fisher, loc. cit. passim. Vide especially ch. 8.