All wholesale transactions and the big proportion of retail transactions are finished by passage of

All wholesale transactions and the big proportion of retail transactions are finished by passage of tools of credits-notes, checks, projects, etc.; the part only retail is spent according to actual accounts of currency and 'change'. Banks address with the most part of these transferred names and business to very small degree that is, is proportional - in actual money. Notes, projects, bills, and banker"s checks are representative for the property, passing the name in money from manufacturers to consumers. The small proportion probably six or eight in cent.-from these transactions is spent by means of actual bank or juridichesko-gentle notes. This trade in [18] tools of the credit makes in the United States of fifty billions of dollars annually.
VII. PROMISSORY NOTES
The usual form of the promissory note.