Unfunded

Indebtedness not funded; " floating debt."

Unified (Or Unified Mortgage)

See "Unification."

Union Pacific Interests

By its Annual Report, for the year ending June 30th, 1916, Union Pacific Railroad Co. stock holdings were exhibited in the following:

Baltimore & Ohio R. R. Co.

Chicago & Alton R. R. Co.

Chicago, Milwaukee & St. Paul Ry. Co.

Chicago & Northwestern Ry. Co.

Illinois Central R. R. Co.

New York Central & Hudson River R. R. Co.

Railroad Securities Co

This list does not include the railroads actually under the direct management of the Union Pacific Railroad Co., such as the

Oregon Short Line R. R. Co. Oregon-washington Railroad & Navigation Co. Hastings & Northwestern R. R. Co. Des Chutes R. R. Co., etc.

In addition to the foregoing, there are holdings of bonds and notes in railroad, coal, steamship companies, etc., aggregating $72,412,744.

United Metal Selling Co

The selling agency for the Anaconda Copper Mining Co.

United States Bank

See " First United States Bank " and "Second United States Bank."

United States Bonds

See " Government Bonds."

United States Deposits

See " United States Depository."

United States Government Bonds

See "Government Bonds."

United States Notes

During the Civil War, the United States forced a certain amount of paper currency into circulation, known as " greenbacks" or "United States notes." They are legal tender for all debts, public and private, except duties on imports and interest on the public debt, but this latter restriction amounts to little at the present time, because, upon presentation of any of these notes, the United States Treasury redeems them in gold coin, which coin itself may be used as legal tender for purposes prohibited to " greenbacks."

United States Smelting

United States Smelting, Refining and Mining Co., formerly the United States Mining Co.

Unit Of Account

The "unit of value," as our gold dollar, may not necessarily be coined, but the "unit of account" is the selected unit which itself, and multiples of which, are actually coined. This was the case with our gold dollar before we ceased to coin gold in that denomination, for, on April 2, 1792, Congress established it as the "unit of the money of account " for this country.

Unit Of Value

The gold dollar is the " unit of value " in this country, and must be of a certain "weight and fineness " (25.8 grains of gold, .900 fine) and by it all values are measured. This is to our money system what the pound is to our system of weights. In like manner the "pound sterling," the "lira," the " yen," etc., are the units of value - or monetary units - of Great Britain, Italy, and Japan respectively. (See "Standard.") Trenholm, in "The People's Money," defines a "unit of value " or " monetary unit " as " a definite weight of a particular metal of a certain fineness, established by law, to be the actual substantive value designated by the term which is the denominational unit of the money system of the country."