306 INDEX Gold standard: affected by war, 141 seq. Faults of, 137 Reasons for, 299, 300 Goodenough, Mr, on note issue, 265 Hoare, Mr Alfred, on taxation, 212 seq., 224 Holden, Sir Edward, and the Bank Act, 84 seq., 266 seq. Inflation, working of, 22, 108, 254, 297 Interest, rate of, 7 New Statesman, levy, 69, 74 on capital Kitson, Mr, 293 seq. on currency, Labour, example set by, 38 Lawrence, Mr Pethick, on capital levy, 219, 220, 259 Lees, Mr Edward, on debt redemption, 226 Lloyds, elasticity of, 17 London, prestige of, 15 seq. Macaiilay, Lord, on bad money, 261, 262 Owen, Senator, on American system, 271 "Quantity Theory," of cur- rency, 138, 139, 296 seq. Reserves, capitalising, 149 seq. Round Table, on capital levy, 65 Socialism, and bank amalga- mations, 82, 164 In light of war, 201 Guild, 198 seq. Stilwell, Mr, on paying for war, 222, 259 Taxation, as war weapon, 42, 53> 61, 252 Increase of, in war, 109, 127 seq, " War Emergency Workers/* on capital levy, 68, 72 Webb, Mr, on State banking, 165 seq. PRINTED BY WILLIAM CLOWES AND SONS, LIMITED, LONDON AND BECCLES, ENGLAND.