By Bills of Exchange payable after date •

302,674

By Cheques on London Bankers .............

663,672

966,346

By Bank of England Notes ..

22,743

By Gold ...

9,427

By Silver and Copper ...

1,484

33,654

£1,000,000

Here we have it shewn that in this great house which there is no reason to suppose we may not consider a fair representative of commerce in general, gold and silver only entered into the receipts to the extent of 3 per cent, and Bank of England Notes to the amount of about 7 per cent.; the remaining 90 per cent, being entirely in Credit. Of the payments, gold and silver were only 1 per cent, and bank notes 2 per cent.: the remaining 97 per cent, being effected by mere Credit. In Scotland specie enters even in a far less degree into payments. This may give some idea of the stupendous power of Credit in this country.