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Show THE NATIONAL BANKING SYSTEM. Annual Report of tlie-,Comptrollcr of the Currency A Growl Over Silver Dollars. Washington, November 28. The annual report of the Comptroller of the Currency shows the total number of Nation al Banks in existence to be 2,727, the largest number ever before in operation. The Comptroller calls particular attention to the fact that the banks are no longer organized especially for the purpose of issuing their circulation. He says : It is believed THE NATIONAL BANKING SYSTEM WILL BE CON-. CON-. .. UNOED " Even if the Associations organized under it cannot issue circulation at a profit, inasmuch inas-much as experience has shown it is for the best interests of the publio as well as the banks that this business should be carried on under a general law having effect throughout through-out the different States. The Comptroller believes the contraction of the National Bank circulation will continue con-tinue unless some legislation is had' which will increase THE PROFIT THE NATIONAL BANKS DERIVE From the issue of circulating notes. He proposes that the tax on the circulation be removed, and the amount of circulation which National Banks are permitted to issue is-sue be increased. to the. par value of the bonds deposited by them. . ' The report refers to the fact that although there has been a contraction in National Bank notes, the circulating medium of the country has been increased by silver dollars and silver certificates. The Comptroller says the continued -COINAGE OF STANDARD SILVER DOLLARS Under the present provisions of the law is in excess of the requirements of the country, coun-try, and is liable to bring business to a silver basis and cause some degree of financial disturbance. |