[Note 1 (p. 564)] : See Prof. F.A. Walker's book on "Money," c. xxi pp. 481-2.

[Note 2 (p. 564)] : See the Fortnightly Review for February, 1879.

[Note 3 (p. 564)] : I may refer the reader, for example, to Tate's "Cambist," Seyd's "Bullion and the Foreign Exchanges," Nicholson's "Science of Exchanges," &c.

[Note 4 (p. 568)] : A special exception has to be made in favour of Mr. McLeod, whose Theory of Banking contains, so far as I know, the first clear and full exposition of the nature and functions of bankers' deposits. In saying this, I must guard myself against being understood to approve of Mr. McLeod's general treatment of economics.

[Note 5 (p. 570)] : Polit.Econ.b.iii.c.viii.

[Note 6 (p. 572)] : In saying this, I do not mean to ignore the possibility that London might remain a banking centre, even after the greater part of its trade had passed to other cities. But this could only occur in a more highly developed state of international trade than the present, and such a development would not be possible, if London had not previously been a great centre of trade.