Modern Economic Problems - Economics Volume II by Frank Albert Fetter
page 70 of 580 (12%)
page 70 of 580 (12%)
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4. Nickel | | Do. \
> 62,000,000[d] 5. Copper | | Do. / Paper | | | 6. Gold certificates| Subsidiary and |Gold coin |1,172,000,000 | minor coins | |[e] 7. Silver | Silver and |Silver dollars | 482,000,000[f] certificates | minor coins | | 8. US notes | Subsidiary and |Gold | 337,000,000 | minor coins | | 9. Treasury notes of| Silver and |Gold | 2,200,000 1890 | minor coins | | 10. National bank |Subsidiary silver|Lawful money[b]|761,000,000 notes |and minor coins | | 11. Federal reserve | Gold[c] |Gold[c] |133,000,000 notes | | | ------------------------------------------------------------------- Total[g]...........................................3,792,200,000 [Footnote a: "Lawful money" includes gold coin, silver dollars, U.S. notes, and Treasury notes.] [Footnote b: Redeemable also in lawful money at bank of issue.] [Footnote c: Redeemable also at Federal reserve banks in gold.] [Footnote d: Not usually included in the estimates of total money in circulation.] |
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