You might as well attempt to guide the affairs of the nation by means of a

By their increasing progress they effectually prevent the foundation of any new private bank.

But I do not think it certain that this sum would be adequate to the necessities of two successive bad years. Steady savings, which are waiting for investment, and which are sure not to be soon wanted, may be lodged with bankers; but the common floating cash of the community is kept by the community themselves at home. _, the Home Charges adjusted with reference to the probable capital transactions of the year and the state of the cash balances); but he will sell more than this if the demand for remittance is so great that, on his refusal to sell, the price of remittance will rise to the gold export point In the words of the annual budget, “the _estimate_ of Council drawings is for the amount necessary to provide for the Secretary of State’s requirements, but additional bills will be sold if needed to meet the demands of trade. 28. The actual figures, showing where the gold reserve has been held at certain dates, are given below.

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