| 1862. | 1863. | |
|---|---|---|
| Maine | $4,047,780 | $6,488,478 |
| New Hampshire | 2,994,408 | 4,192,034 |
| Vermont | 2,522,687 | 5,621,851 |
| Massachusetts | 19,517,306 | 28,957,630 |
| Rhode Island | 3,306,530 | 6,413,404 |
| Connecticut | 6,918,018 | 13,842,758 |
| ————— | ————— | |
| $39,306,729 | 65,516,155 | |
| 39,306,729 | ||
| ————— | ||
| Total increase in New England States | $26,209,426 |
Being over sixty-six and two thirds per cent.
Similarly in New York, Pennsylvania, and New Jersey, we find the circulation, on or about 1st January:—
| 1862. | 1863. | |
|---|---|---|
| New York | $30,553,020 | $39,182,819 |
| Pennsylvania | 16,384,643 | 27,689,504 |
| New Jersey | 3,927,535 | 8,172,398 |
| ————— | ————— | |
| $50,865,198 | $75,044,721 | |
| 50,865,198 | ||
| ————— | ||
| Total increase in New York, Pennsylvania, and New Jersey, | $24,179,523 |
Being over forty-seven per cent.
Aggregate Increase in the Principal Eastern States.
| 1862. | 1863. | |
|---|---|---|
| New England | $39,306,729 | $65,516,155 |
| New York, Pennsylvania, and New Jersey | 50,865,198 | 75,044,721 |
| ————— | ————— | |
| $90,171,927 | $140,560,876 | |
| 90,171,927 | ||
| ————— | ||
| Aggregate increase in Eastern States | $50,388,949 |
Being over fifty-five and three fourths per cent.
These tables speak. They show the range within which the State banks undertake to operate, and their consequent interference with the national system. If it be said that in certain parts of the country, as in New England and New York, the State banks have performed good service, I reply, that, even admitting all that is claimed, the service is local and incomplete. It does not embrace the West.