id	sid	tid	token	lemma	pos
32027	1	1	generously	generously	RB
32027	1	2	made	make	VBN
32027	1	3	available	available	JJ
32027	1	4	by	by	IN
32027	1	5	The	the	DT
32027	1	6	Internet	Internet	NNP
32027	1	7	Archive	Archive	NNP
32027	1	8	/	/	SYM
32027	1	9	American	American	NNP
32027	1	10	Libraries	Libraries	NNPS
32027	1	11	.	.	.
32027	1	12	)	)	-RRB-
32027	2	1	BANKING	banking	NN
32027	2	2	BY	by	IN
32027	2	3	William	William	NNP
32027	2	4	A.	a.	NN
32027	2	5	Scott	Scott	NNP
32027	2	6	,	,	,
32027	2	7	Ph.D.	ph.d.	NN
32027	2	8	,	,	,
32027	2	9	LL.D.	LL.D.	NNP
32027	3	1	Director	director	NN
32027	3	2	of	of	IN
32027	3	3	the	the	DT
32027	3	4	Course	course	NN
32027	3	5	in	in	IN
32027	3	6	Commerce	Commerce	NNP
32027	3	7	and	and	CC
32027	3	8	Professor	Professor	NNP
32027	3	9	of	of	IN
32027	3	10	Political	Political	NNP
32027	3	11	Economy	Economy	NNP
32027	3	12	in	in	IN
32027	3	13	the	the	DT
32027	3	14	University	University	NNP
32027	3	15	of	of	IN
32027	3	16	Wisconsin	Wisconsin	NNP
32027	3	17	CHICAGO	CHICAGO	NNP
32027	3	18	A.	A.	NNP
32027	3	19	C.	C.	NNP
32027	3	20	McCLURG	McCLURG	NNP
32027	3	21	&	&	CC
32027	3	22	CO	CO	NNP
32027	3	23	.	.	.
32027	3	24	1914	1914	CD
32027	3	25	Copyright	Copyright	NNP
32027	3	26	A.	a.	NN
32027	3	27	C.	C.	NNP
32027	3	28	McCLURG	McCLURG	NNP
32027	3	29	&	&	CC
32027	3	30	CO	CO	NNP
32027	3	31	.	.	NNP
32027	3	32	1914	1914	CD
32027	3	33	Published	publish	VBN
32027	3	34	April	April	NNP
32027	3	35	,	,	,
32027	3	36	1914	1914	CD
32027	3	37	Copyrighted	copyright	VBN
32027	3	38	in	in	IN
32027	3	39	Great	Great	NNP
32027	3	40	Britain	Britain	NNP
32027	3	41	W.	W.	NNP
32027	3	42	F.	F.	NNP
32027	3	43	HALL	HALL	NNP
32027	3	44	PRINTING	PRINTING	NNP
32027	3	45	COMPANY	COMPANY	NNP
32027	3	46	,	,	,
32027	3	47	CHICAGO	CHICAGO	NNP
32027	3	48	EDITOR	EDITOR	NNP
32027	3	49	'S	's	POS
32027	3	50	PREFACE	preface	NN
32027	3	51	In	in	IN
32027	3	52	Europe	Europe	NNP
32027	3	53	the	the	DT
32027	3	54	average	average	JJ
32027	3	55	man	man	NN
32027	3	56	looks	look	VBZ
32027	3	57	upon	upon	IN
32027	3	58	the	the	DT
32027	3	59	bank	bank	NN
32027	3	60	as	as	IN
32027	3	61	a	a	DT
32027	3	62	benefactor	benefactor	NN
32027	3	63	.	.	.
32027	4	1	Through	through	IN
32027	4	2	its	-PRON-	PRP$
32027	4	3	agency	agency	NN
32027	4	4	he	-PRON-	PRP
32027	4	5	secures	secure	VBZ
32027	4	6	capital	capital	NN
32027	4	7	at	at	IN
32027	4	8	low	low	JJ
32027	4	9	rates	rate	NNS
32027	4	10	for	for	IN
32027	4	11	his	-PRON-	PRP$
32027	4	12	business	business	NN
32027	4	13	.	.	.
32027	5	1	In	in	IN
32027	5	2	America	America	NNP
32027	5	3	the	the	DT
32027	5	4	bank	bank	NN
32027	5	5	is	be	VBZ
32027	5	6	too	too	RB
32027	5	7	often	often	RB
32027	5	8	regarded	regard	VBN
32027	5	9	as	as	IN
32027	5	10	a	a	DT
32027	5	11	necessary	necessary	JJ
32027	5	12	evil	evil	NN
32027	5	13	,	,	,
32027	5	14	certainly	certainly	RB
32027	5	15	not	not	RB
32027	5	16	with	with	IN
32027	5	17	affection	affection	NN
32027	5	18	.	.	.
32027	6	1	Yet	yet	CC
32027	6	2	it	-PRON-	PRP
32027	6	3	plays	play	VBZ
32027	6	4	a	a	DT
32027	6	5	most	most	RBS
32027	6	6	important	important	JJ
32027	6	7	rôle	rôle	NN
32027	6	8	in	in	IN
32027	6	9	the	the	DT
32027	6	10	nation	nation	NN
32027	6	11	's	's	POS
32027	6	12	economy	economy	NN
32027	6	13	.	.	.
32027	7	1	Our	-PRON-	PRP$
32027	7	2	banking	banking	NN
32027	7	3	laws	law	NNS
32027	7	4	are	be	VBP
32027	7	5	obsolete	obsolete	JJ
32027	7	6	,	,	,
32027	7	7	unsatisfactory	unsatisfactory	JJ
32027	7	8	,	,	,
32027	7	9	and	and	CC
32027	7	10	actually	actually	RB
32027	7	11	in	in	IN
32027	7	12	some	some	DT
32027	7	13	instances	instance	NNS
32027	7	14	detrimental	detrimental	JJ
32027	7	15	to	to	IN
32027	7	16	the	the	DT
32027	7	17	best	good	JJS
32027	7	18	and	and	CC
32027	7	19	widest	wide	JJS
32027	7	20	use	use	NN
32027	7	21	of	of	IN
32027	7	22	the	the	DT
32027	7	23	nation	nation	NN
32027	7	24	's	's	POS
32027	7	25	resources	resource	NNS
32027	7	26	.	.	.
32027	8	1	Europe	Europe	NNP
32027	8	2	has	have	VBZ
32027	8	3	many	many	JJ
32027	8	4	lessons	lesson	NNS
32027	8	5	for	for	IN
32027	8	6	us	-PRON-	PRP
32027	8	7	in	in	IN
32027	8	8	the	the	DT
32027	8	9	problem	problem	NN
32027	8	10	of	of	IN
32027	8	11	how	how	WRB
32027	8	12	best	good	JJS
32027	8	13	to	to	TO
32027	8	14	use	use	VB
32027	8	15	our	-PRON-	PRP$
32027	8	16	accumulations	accumulation	NNS
32027	8	17	.	.	.
32027	9	1	With	with	IN
32027	9	2	agriculture	agriculture	NN
32027	9	3	demanding	demand	VBG
32027	9	4	and	and	CC
32027	9	5	the	the	DT
32027	9	6	railroads	railroad	NNS
32027	9	7	calling	call	VBG
32027	9	8	for	for	IN
32027	9	9	more	more	JJR
32027	9	10	capital	capital	NN
32027	9	11	,	,	,
32027	9	12	the	the	DT
32027	9	13	question	question	NN
32027	9	14	of	of	IN
32027	9	15	scientific	scientific	JJ
32027	9	16	banking	banking	NN
32027	9	17	assumes	assume	VBZ
32027	9	18	new	new	JJ
32027	9	19	proportions	proportion	NNS
32027	9	20	.	.	.
32027	10	1	This	this	DT
32027	10	2	book	book	NN
32027	10	3	,	,	,
32027	10	4	with	with	IN
32027	10	5	its	-PRON-	PRP$
32027	10	6	chapters	chapter	NNS
32027	10	7	on	on	IN
32027	10	8	commercial	commercial	JJ
32027	10	9	and	and	CC
32027	10	10	investment	investment	NN
32027	10	11	banking	banking	NN
32027	10	12	,	,	,
32027	10	13	will	will	MD
32027	10	14	help	help	VB
32027	10	15	to	to	IN
32027	10	16	a	a	DT
32027	10	17	better	well	JJR
32027	10	18	knowledge	knowledge	NN
32027	10	19	.	.	.
32027	11	1	F.	F.	NNP
32027	11	2	L.	L.	NNP
32027	11	3	M.	M.	NNP
32027	11	4	AUTHOR	AUTHOR	NNP
32027	11	5	'S	be	VBZ
32027	11	6	PREFACE	preface	NN
32027	11	7	The	the	DT
32027	11	8	purpose	purpose	NN
32027	11	9	of	of	IN
32027	11	10	this	this	DT
32027	11	11	book	book	NN
32027	11	12	is	be	VBZ
32027	11	13	to	to	TO
32027	11	14	supply	supply	VB
32027	11	15	the	the	DT
32027	11	16	general	general	JJ
32027	11	17	reader	reader	NN
32027	11	18	with	with	IN
32027	11	19	a	a	DT
32027	11	20	simple	simple	JJ
32027	11	21	statement	statement	NN
32027	11	22	of	of	IN
32027	11	23	the	the	DT
32027	11	24	principles	principle	NNS
32027	11	25	and	and	CC
32027	11	26	problems	problem	NNS
32027	11	27	of	of	IN
32027	11	28	banking	banking	NN
32027	11	29	.	.	.
32027	12	1	Since	since	IN
32027	12	2	it	-PRON-	PRP
32027	12	3	is	be	VBZ
32027	12	4	designed	design	VBN
32027	12	5	primarily	primarily	RB
32027	12	6	for	for	IN
32027	12	7	American	american	JJ
32027	12	8	readers	reader	NNS
32027	12	9	,	,	,
32027	12	10	special	special	JJ
32027	12	11	attention	attention	NN
32027	12	12	has	have	VBZ
32027	12	13	been	be	VBN
32027	12	14	given	give	VBN
32027	12	15	to	to	IN
32027	12	16	conditions	condition	NNS
32027	12	17	in	in	IN
32027	12	18	this	this	DT
32027	12	19	country	country	NN
32027	12	20	.	.	.
32027	13	1	An	an	DT
32027	13	2	effort	effort	NN
32027	13	3	has	have	VBZ
32027	13	4	been	be	VBN
32027	13	5	made	make	VBN
32027	13	6	clearly	clearly	RB
32027	13	7	to	to	TO
32027	13	8	draw	draw	VB
32027	13	9	the	the	DT
32027	13	10	line	line	NN
32027	13	11	between	between	IN
32027	13	12	commercial	commercial	JJ
32027	13	13	and	and	CC
32027	13	14	investment	investment	NN
32027	13	15	banking	banking	NN
32027	13	16	and	and	CC
32027	13	17	to	to	TO
32027	13	18	indicate	indicate	VB
32027	13	19	the	the	DT
32027	13	20	problems	problem	NNS
32027	13	21	peculiar	peculiar	JJ
32027	13	22	to	to	IN
32027	13	23	each	each	DT
32027	13	24	.	.	.
32027	14	1	That	that	IN
32027	14	2	it	-PRON-	PRP
32027	14	3	may	may	MD
32027	14	4	assist	assist	VB
32027	14	5	the	the	DT
32027	14	6	average	average	JJ
32027	14	7	person	person	NN
32027	14	8	in	in	IN
32027	14	9	understanding	understand	VBG
32027	14	10	present	present	JJ
32027	14	11	-	-	HYPH
32027	14	12	day	day	NN
32027	14	13	banking	banking	NN
32027	14	14	problems	problem	NNS
32027	14	15	and	and	CC
32027	14	16	thus	thus	RB
32027	14	17	contribute	contribute	VB
32027	14	18	towards	towards	IN
32027	14	19	the	the	DT
32027	14	20	formation	formation	NN
32027	14	21	of	of	IN
32027	14	22	a	a	DT
32027	14	23	sound	sound	JJ
32027	14	24	public	public	JJ
32027	14	25	opinion	opinion	NN
32027	14	26	regarding	regard	VBG
32027	14	27	them	-PRON-	PRP
32027	14	28	,	,	,
32027	14	29	is	be	VBZ
32027	14	30	the	the	DT
32027	14	31	author	author	NN
32027	14	32	's	's	POS
32027	14	33	hope	hope	NN
32027	14	34	and	and	CC
32027	14	35	desire	desire	NN
32027	14	36	.	.	.
32027	15	1	WM	WM	NNP
32027	15	2	.	.	.
32027	16	1	A.	A.	NNP
32027	16	2	SCOTT	SCOTT	NNP
32027	16	3	.	.	.
32027	17	1	_	_	NNP
32027	17	2	University	University	NNP
32027	17	3	of	of	IN
32027	17	4	Wisconsin	Wisconsin	NNP
32027	17	5	.	.	.
32027	17	6	_	_	NNP
32027	17	7	CONTENTS	CONTENTS	NNP
32027	17	8	PAGE	PAGE	NNP
32027	17	9	Chapter	chapter	NN
32027	17	10	I.	i.	NN
32027	18	1	The	the	DT
32027	18	2	Nature	Nature	NNP
32027	18	3	,	,	,
32027	18	4	Functions	function	NNS
32027	18	5	,	,	,
32027	18	6	and	and	CC
32027	18	7	Classification	classification	NN
32027	18	8	of	of	IN
32027	18	9	Banking	Banking	NNP
32027	18	10	Institutions	Institutions	NNPS
32027	18	11	,	,	,
32027	18	12	1	1	CD
32027	18	13	1	1	CD
32027	18	14	.	.	.
32027	19	1	Services	service	NNS
32027	19	2	Performed	perform	VBN
32027	19	3	by	by	IN
32027	19	4	Banking	Banking	NNP
32027	19	5	Institutions	Institutions	NNP
32027	19	6	,	,	,
32027	19	7	1	1	CD
32027	19	8	2	2	CD
32027	19	9	.	.	.
32027	20	1	The	the	DT
32027	20	2	Economic	Economic	NNP
32027	20	3	Functions	Functions	NNPS
32027	20	4	of	of	IN
32027	20	5	Banks	Banks	NNPS
32027	20	6	,	,	,
32027	20	7	4	4	CD
32027	20	8	3	3	CD
32027	20	9	.	.	.
32027	21	1	Classification	classification	NN
32027	21	2	of	of	IN
32027	21	3	Banking	Banking	NNP
32027	21	4	Institutions	Institutions	NNPS
32027	21	5	,	,	,
32027	21	6	6	6	CD
32027	21	7	Chapter	chapter	NN
32027	21	8	II	II	NNP
32027	21	9	.	.	.
32027	22	1	The	the	DT
32027	22	2	Nature	Nature	NNP
32027	22	3	and	and	CC
32027	22	4	Operations	Operations	NNPS
32027	22	5	of	of	IN
32027	22	6	Commercial	Commercial	NNP
32027	22	7	Banking	Banking	NNP
32027	22	8	,	,	,
32027	22	9	11	11	CD
32027	22	10	1	1	CD
32027	22	11	.	.	.
32027	23	1	Commercial	Commercial	NNP
32027	23	2	Paper	Paper	NNP
32027	23	3	,	,	,
32027	23	4	11	11	CD
32027	23	5	2	2	CD
32027	23	6	.	.	.
32027	24	1	The	the	DT
32027	24	2	Operation	Operation	NNP
32027	24	3	of	of	IN
32027	24	4	Discount	Discount	NNP
32027	24	5	,	,	,
32027	24	6	13	13	CD
32027	24	7	3	3	CD
32027	24	8	.	.	.
32027	25	1	The	the	DT
32027	25	2	Conduct	conduct	NN
32027	25	3	of	of	IN
32027	25	4	Checking	Checking	NNP
32027	25	5	Accounts	Accounts	NNPS
32027	25	6	,	,	,
32027	25	7	15	15	CD
32027	25	8	4	4	CD
32027	25	9	.	.	.
32027	26	1	The	the	DT
32027	26	2	Issue	issue	NN
32027	26	3	of	of	IN
32027	26	4	Notes	Notes	NNP
32027	26	5	,	,	,
32027	26	6	19	19	CD
32027	26	7	5	5	CD
32027	26	8	.	.	.
32027	27	1	Collections	collection	NNS
32027	27	2	,	,	,
32027	27	3	22	22	CD
32027	27	4	6	6	CD
32027	27	5	.	.	.
32027	28	1	Domestic	Domestic	NNP
32027	28	2	Exchange	Exchange	NNP
32027	28	3	,	,	,
32027	28	4	25	25	CD
32027	28	5	7	7	CD
32027	28	6	.	.	.
32027	29	1	Foreign	Foreign	NNP
32027	29	2	Exchange	Exchange	NNP
32027	29	3	,	,	,
32027	29	4	31	31	CD
32027	29	5	Chapter	chapter	NN
32027	29	6	III	III	NNP
32027	29	7	.	.	.
32027	30	1	The	the	DT
32027	30	2	Problems	problem	NNS
32027	30	3	of	of	IN
32027	30	4	Commercial	Commercial	NNP
32027	30	5	Banking	Banking	NNP
32027	30	6	,	,	,
32027	30	7	35	35	CD
32027	30	8	1	1	CD
32027	30	9	.	.	.
32027	31	1	The	the	DT
32027	31	2	Supply	Supply	NNP
32027	31	3	of	of	IN
32027	31	4	Cash	Cash	NNP
32027	31	5	,	,	,
32027	31	6	35	35	CD
32027	31	7	2	2	CD
32027	31	8	.	.	.
32027	32	1	The	the	DT
32027	32	2	Selection	Selection	NNP
32027	32	3	of	of	IN
32027	32	4	Loans	Loans	NNPS
32027	32	5	and	and	CC
32027	32	6	Discounts	Discounts	NNPS
32027	32	7	,	,	,
32027	32	8	40	40	CD
32027	32	9	3	3	CD
32027	32	10	.	.	.
32027	33	1	Rates	Rates	NNP
32027	33	2	,	,	,
32027	33	3	44	44	CD
32027	33	4	4	4	CD
32027	33	5	.	.	.
32027	34	1	Protection	protection	NN
32027	34	2	against	against	IN
32027	34	3	Unsound	Unsound	NNP
32027	34	4	Practices	Practices	NNPS
32027	34	5	,	,	,
32027	34	6	46	46	CD
32027	34	7	(	(	-LRB-
32027	34	8	a	a	DT
32027	34	9	)	)	-RRB-
32027	34	10	Capital	capital	NN
32027	34	11	and	and	CC
32027	34	12	Surplus	Surplus	NNP
32027	34	13	Requirements	Requirements	NNP
32027	34	14	and	and	CC
32027	34	15	Double	Double	NNP
32027	34	16	Liability	Liability	NNP
32027	34	17	of	of	IN
32027	34	18	Stockholders	Stockholders	NNPS
32027	34	19	,	,	,
32027	34	20	46	46	CD
32027	34	21	(	(	-LRB-
32027	34	22	b	b	NN
32027	34	23	)	)	-RRB-
32027	34	24	Inflation	inflation	NN
32027	34	25	and	and	CC
32027	34	26	Means	Means	NNPS
32027	34	27	of	of	IN
32027	34	28	Protecting	protect	VBG
32027	34	29	the	the	DT
32027	34	30	Public	Public	NNP
32027	34	31	against	against	IN
32027	34	32	It	-PRON-	PRP
32027	34	33	,	,	,
32027	34	34	49	49	CD
32027	34	35	(	(	-LRB-
32027	34	36	c	c	NN
32027	34	37	)	)	-RRB-
32027	34	38	Other	other	JJ
32027	34	39	Means	Means	NNPS
32027	34	40	of	of	IN
32027	34	41	Safeguarding	safeguard	VBG
32027	34	42	the	the	DT
32027	34	43	Interests	Interests	NNPS
32027	34	44	of	of	IN
32027	34	45	the	the	DT
32027	34	46	Public	Public	NNP
32027	34	47	,	,	,
32027	34	48	59	59	CD
32027	34	49	5	5	CD
32027	34	50	.	.	.
32027	35	1	Adequacy	Adequacy	NNP
32027	35	2	and	and	CC
32027	35	3	Economy	Economy	NNP
32027	35	4	of	of	IN
32027	35	5	Service	Service	NNP
32027	35	6	,	,	,
32027	35	7	62	62	CD
32027	35	8	Chapter	chapter	NN
32027	35	9	IV	IV	NNP
32027	35	10	.	.	.
32027	36	1	Commercial	Commercial	NNP
32027	36	2	Banking	Banking	NNP
32027	36	3	in	in	IN
32027	36	4	the	the	DT
32027	36	5	United	United	NNP
32027	36	6	States	States	NNP
32027	36	7	,	,	,
32027	36	8	68	68	CD
32027	36	9	1	1	CD
32027	36	10	.	.	.
32027	37	1	State	State	NNP
32027	37	2	Banks	Banks	NNPS
32027	37	3	,	,	,
32027	37	4	68	68	CD
32027	37	5	2	2	CD
32027	37	6	.	.	.
32027	38	1	National	National	NNP
32027	38	2	Banks	Banks	NNPS
32027	38	3	,	,	,
32027	38	4	70	70	CD
32027	38	5	3	3	CD
32027	38	6	.	.	.
32027	39	1	The	the	DT
32027	39	2	Independent	Independent	NNP
32027	39	3	Treasury	Treasury	NNP
32027	39	4	System	System	NNP
32027	39	5	,	,	,
32027	39	6	75	75	CD
32027	39	7	4	4	CD
32027	39	8	.	.	.
32027	40	1	The	the	DT
32027	40	2	Interrelations	interrelation	NNS
32027	40	3	of	of	IN
32027	40	4	These	these	DT
32027	40	5	Institutions	Institutions	NNPS
32027	40	6	,	,	,
32027	40	7	78	78	CD
32027	40	8	5	5	CD
32027	40	9	.	.	.
32027	41	1	Operation	operation	NN
32027	41	2	of	of	IN
32027	41	3	the	the	DT
32027	41	4	System	System	NNP
32027	41	5	,	,	,
32027	41	6	82	82	CD
32027	41	7	(	(	-LRB-
32027	41	8	a	a	DT
32027	41	9	)	)	-RRB-
32027	41	10	Conflict	conflict	NN
32027	41	11	of	of	IN
32027	41	12	Functions	Functions	NNPS
32027	41	13	and	and	CC
32027	41	14	Laws	Laws	NNPS
32027	41	15	,	,	,
32027	41	16	82	82	CD
32027	41	17	(	(	-LRB-
32027	41	18	b	b	NN
32027	41	19	)	)	-RRB-
32027	41	20	Loan	Loan	NNP
32027	41	21	Operations	Operations	NNP
32027	41	22	,	,	,
32027	41	23	85	85	CD
32027	41	24	(	(	-LRB-
32027	41	25	c	c	NN
32027	41	26	)	)	-RRB-
32027	41	27	Treasury	Treasury	NNP
32027	41	28	Operations	Operations	NNP
32027	41	29	,	,	,
32027	41	30	88	88	CD
32027	41	31	(	(	-LRB-
32027	41	32	d	d	NN
32027	41	33	)	)	-RRB-
32027	41	34	Operation	Operation	NNP
32027	41	35	of	of	IN
32027	41	36	the	the	DT
32027	41	37	Reserve	Reserve	NNP
32027	41	38	System	System	NNP
32027	41	39	,	,	,
32027	41	40	91	91	CD
32027	41	41	(	(	-LRB-
32027	41	42	e	e	NN
32027	41	43	)	)	-RRB-
32027	41	44	Lack	lack	NN
32027	41	45	of	of	IN
32027	41	46	Elasticity	elasticity	NN
32027	41	47	in	in	IN
32027	41	48	the	the	DT
32027	41	49	Currency	Currency	NNP
32027	41	50	,	,	,
32027	41	51	95	95	CD
32027	41	52	6	6	CD
32027	41	53	.	.	.
32027	42	1	Plans	plan	NNS
32027	42	2	for	for	IN
32027	42	3	Reform	reform	NN
32027	42	4	,	,	,
32027	42	5	97	97	CD
32027	42	6	Chapter	chapter	NN
32027	42	7	V.	V.	NNP
32027	42	8	Commercial	Commercial	NNP
32027	42	9	Banking	Banking	NNP
32027	42	10	in	in	IN
32027	42	11	Other	Other	NNP
32027	42	12	Countries	Countries	NNPS
32027	42	13	,	,	,
32027	42	14	101	101	CD
32027	42	15	1	1	CD
32027	42	16	.	.	.
32027	43	1	Common	Common	NNP
32027	43	2	Features	Features	NNP
32027	43	3	,	,	,
32027	43	4	101	101	CD
32027	43	5	2	2	CD
32027	43	6	.	.	.
32027	44	1	The	the	DT
32027	44	2	English	English	NNP
32027	44	3	System	System	NNP
32027	44	4	,	,	,
32027	44	5	104	104	CD
32027	44	6	3	3	CD
32027	44	7	.	.	.
32027	45	1	The	the	DT
32027	45	2	French	french	JJ
32027	45	3	System	System	NNP
32027	45	4	,	,	,
32027	45	5	111	111	CD
32027	45	6	4	4	CD
32027	45	7	.	.	.
32027	46	1	The	the	DT
32027	46	2	German	german	JJ
32027	46	3	System	System	NNP
32027	46	4	,	,	,
32027	46	5	119	119	CD
32027	46	6	5	5	CD
32027	46	7	.	.	.
32027	47	1	The	the	DT
32027	47	2	Canadian	canadian	JJ
32027	47	3	System	System	NNP
32027	47	4	,	,	,
32027	47	5	126	126	CD
32027	47	6	Chapter	chapter	NN
32027	47	7	VI	VI	NNP
32027	47	8	.	.	.
32027	48	1	Investment	Investment	NNP
32027	48	2	Banking	Banking	NNP
32027	48	3	,	,	,
32027	48	4	136	136	CD
32027	48	5	1	1	CD
32027	48	6	.	.	.
32027	49	1	Saving	Saving	NNP
32027	49	2	and	and	CC
32027	49	3	Savings	Savings	NNP
32027	49	4	Institutions	Institutions	NNPS
32027	49	5	,	,	,
32027	49	6	136	136	CD
32027	49	7	2	2	CD
32027	49	8	.	.	.
32027	50	1	Trust	trust	NN
32027	50	2	Companies	company	NNS
32027	50	3	,	,	,
32027	50	4	141	141	CD
32027	50	5	3	3	CD
32027	50	6	.	.	.
32027	51	1	Bond	bond	NN
32027	51	2	Houses	Houses	NNP
32027	51	3	and	and	CC
32027	51	4	Investment	Investment	NNP
32027	51	5	Companies	Companies	NNPS
32027	51	6	,	,	,
32027	51	7	144	144	CD
32027	51	8	4	4	CD
32027	51	9	.	.	.
32027	52	1	Land	Land	NNP
32027	52	2	Banks	Banks	NNPS
32027	52	3	,	,	,
32027	52	4	147	147	CD
32027	52	5	5	5	CD
32027	52	6	.	.	.
32027	53	1	Stock	Stock	NNP
32027	53	2	Exchanges	Exchanges	NNP
32027	53	3	,	,	,
32027	53	4	163	163	CD
32027	53	5	6	6	CD
32027	53	6	.	.	.
32027	54	1	Some	some	DT
32027	54	2	Defects	defect	NNS
32027	54	3	in	in	IN
32027	54	4	Our	-PRON-	PRP$
32027	54	5	Investment	Investment	NNP
32027	54	6	Banking	Banking	NNP
32027	54	7	Machinery	Machinery	NNP
32027	54	8	,	,	,
32027	54	9	166	166	CD
32027	54	10	References	reference	NNS
32027	54	11	,	,	,
32027	54	12	171	171	CD
32027	54	13	Index	Index	NNP
32027	54	14	,	,	,
32027	54	15	173	173	CD
32027	54	16	BANKING	banking	NN
32027	54	17	CHAPTER	chapter	NN
32027	54	18	I	-PRON-	PRP
32027	54	19	THE	the	DT
32027	54	20	NATURE	NATURE	NNP
32027	54	21	,	,	,
32027	54	22	FUNCTIONS	FUNCTIONS	NNP
32027	54	23	,	,	,
32027	54	24	AND	and	CC
32027	54	25	CLASSIFICATION	classification	NN
32027	54	26	OF	of	IN
32027	54	27	BANKING	banking	NN
32027	54	28	INSTITUTIONS	institution	NNS
32027	54	29	The	the	DT
32027	54	30	terms	term	NNS
32027	54	31	,	,	,
32027	54	32	"	"	``
32027	54	33	bank	bank	NN
32027	54	34	"	"	''
32027	54	35	and	and	CC
32027	54	36	"	"	``
32027	54	37	banking	banking	NN
32027	54	38	,	,	,
32027	54	39	"	"	''
32027	54	40	are	be	VBP
32027	54	41	applied	apply	VBN
32027	54	42	to	to	IN
32027	54	43	institutions	institution	NNS
32027	54	44	and	and	CC
32027	54	45	to	to	IN
32027	54	46	businesses	business	NNS
32027	54	47	which	which	WDT
32027	54	48	differ	differ	VBP
32027	54	49	considerably	considerably	RB
32027	54	50	in	in	IN
32027	54	51	character	character	NN
32027	54	52	,	,	,
32027	54	53	functions	function	NNS
32027	54	54	,	,	,
32027	54	55	and	and	CC
32027	54	56	methods	method	NNS
32027	54	57	,	,	,
32027	54	58	but	but	CC
32027	54	59	which	which	WDT
32027	54	60	nevertheless	nevertheless	RB
32027	54	61	have	have	VBP
32027	54	62	certain	certain	JJ
32027	54	63	common	common	JJ
32027	54	64	features	feature	NNS
32027	54	65	which	which	WDT
32027	54	66	justify	justify	VBP
32027	54	67	their	-PRON-	PRP$
32027	54	68	being	be	VBG
32027	54	69	grouped	group	VBN
32027	54	70	together	together	RB
32027	54	71	.	.	.
32027	55	1	We	-PRON-	PRP
32027	55	2	can	can	MD
32027	55	3	best	best	RB
32027	55	4	prepare	prepare	VB
32027	55	5	the	the	DT
32027	55	6	way	way	NN
32027	55	7	for	for	IN
32027	55	8	a	a	DT
32027	55	9	discussion	discussion	NN
32027	55	10	of	of	IN
32027	55	11	these	these	DT
32027	55	12	differences	difference	NNS
32027	55	13	and	and	CC
32027	55	14	common	common	JJ
32027	55	15	features	feature	NNS
32027	55	16	by	by	IN
32027	55	17	a	a	DT
32027	55	18	description	description	NN
32027	55	19	of	of	IN
32027	55	20	the	the	DT
32027	55	21	services	service	NNS
32027	55	22	which	which	WDT
32027	55	23	these	these	DT
32027	55	24	institutions	institution	NNS
32027	55	25	perform	perform	VBP
32027	55	26	in	in	IN
32027	55	27	modern	modern	JJ
32027	55	28	society	society	NN
32027	55	29	.	.	.
32027	56	1	_	_	NNP
32027	56	2	1	1	CD
32027	56	3	.	.	.
32027	57	1	Services	service	NNS
32027	57	2	Performed	perform	VBN
32027	57	3	by	by	IN
32027	57	4	Banking	Banking	NNP
32027	57	5	Institutions	Institutions	NNPS
32027	57	6	_	_	NNP
32027	57	7	From	from	IN
32027	57	8	the	the	DT
32027	57	9	point	point	NN
32027	57	10	of	of	IN
32027	57	11	view	view	NN
32027	57	12	of	of	IN
32027	57	13	their	-PRON-	PRP$
32027	57	14	customers	customer	NNS
32027	57	15	these	these	DT
32027	57	16	services	service	NNS
32027	57	17	may	may	MD
32027	57	18	be	be	VB
32027	57	19	grouped	group	VBN
32027	57	20	under	under	IN
32027	57	21	the	the	DT
32027	57	22	following	follow	VBG
32027	57	23	heads	head	NNS
32027	57	24	:	:	:
32027	57	25	The	the	DT
32027	57	26	safekeeping	safekeeping	NN
32027	57	27	of	of	IN
32027	57	28	money	money	NN
32027	57	29	and	and	CC
32027	57	30	other	other	JJ
32027	57	31	valuables	valuable	NNS
32027	57	32	;	;	:
32027	57	33	the	the	DT
32027	57	34	making	making	NN
32027	57	35	of	of	IN
32027	57	36	payments	payment	NNS
32027	57	37	;	;	:
32027	57	38	the	the	DT
32027	57	39	making	making	NN
32027	57	40	of	of	IN
32027	57	41	loans	loan	NNS
32027	57	42	;	;	:
32027	57	43	and	and	CC
32027	57	44	the	the	DT
32027	57	45	making	making	NN
32027	57	46	of	of	IN
32027	57	47	investments	investment	NNS
32027	57	48	.	.	.
32027	58	1	It	-PRON-	PRP
32027	58	2	is	be	VBZ
32027	58	3	a	a	DT
32027	58	4	common	common	JJ
32027	58	5	practice	practice	NN
32027	58	6	everywhere	everywhere	RB
32027	58	7	,	,	,
32027	58	8	and	and	CC
32027	58	9	in	in	IN
32027	58	10	some	some	DT
32027	58	11	countries	country	NNS
32027	58	12	,	,	,
32027	58	13	notably	notably	RB
32027	58	14	the	the	DT
32027	58	15	United	United	NNP
32027	58	16	States	States	NNP
32027	58	17	,	,	,
32027	58	18	almost	almost	RB
32027	58	19	a	a	DT
32027	58	20	universal	universal	JJ
32027	58	21	practice	practice	NN
32027	58	22	for	for	IN
32027	58	23	people	people	NNS
32027	58	24	to	to	TO
32027	58	25	intrust	intrust	VB
32027	58	26	their	-PRON-	PRP$
32027	58	27	money	money	NN
32027	58	28	to	to	IN
32027	58	29	banks	bank	NNS
32027	58	30	for	for	IN
32027	58	31	safekeeping	safekeeping	NN
32027	58	32	.	.	.
32027	59	1	To	to	IN
32027	59	2	a	a	DT
32027	59	3	degree	degree	NN
32027	59	4	,	,	,
32027	59	5	hoarding	hoarding	NN
32027	59	6	,	,	,
32027	59	7	in	in	IN
32027	59	8	the	the	DT
32027	59	9	sense	sense	NN
32027	59	10	of	of	IN
32027	59	11	locking	lock	VBG
32027	59	12	up	up	RP
32027	59	13	money	money	NN
32027	59	14	in	in	IN
32027	59	15	private	private	JJ
32027	59	16	vaults	vault	NNS
32027	59	17	and	and	CC
32027	59	18	other	other	JJ
32027	59	19	receptacles	receptacle	NNS
32027	59	20	and	and	CC
32027	59	21	keeping	keep	VBG
32027	59	22	it	-PRON-	PRP
32027	59	23	under	under	IN
32027	59	24	the	the	DT
32027	59	25	eye	eye	NN
32027	59	26	and	and	CC
32027	59	27	in	in	IN
32027	59	28	the	the	DT
32027	59	29	personal	personal	JJ
32027	59	30	care	care	NN
32027	59	31	of	of	IN
32027	59	32	the	the	DT
32027	59	33	owner	owner	NN
32027	59	34	,	,	,
32027	59	35	is	be	VBZ
32027	59	36	still	still	RB
32027	59	37	practiced	practice	VBN
32027	59	38	,	,	,
32027	59	39	but	but	CC
32027	59	40	it	-PRON-	PRP
32027	59	41	is	be	VBZ
32027	59	42	doubtless	doubtless	JJ
32027	59	43	on	on	IN
32027	59	44	the	the	DT
32027	59	45	wane	wane	NN
32027	59	46	in	in	IN
32027	59	47	all	all	DT
32027	59	48	civilized	civilized	JJ
32027	59	49	countries	country	NNS
32027	59	50	.	.	.
32027	60	1	The	the	DT
32027	60	2	practice	practice	NN
32027	60	3	of	of	IN
32027	60	4	intrusting	intrust	VBG
32027	60	5	to	to	IN
32027	60	6	banks	bank	NNS
32027	60	7	the	the	DT
32027	60	8	safekeeping	safekeeping	NN
32027	60	9	of	of	IN
32027	60	10	other	other	JJ
32027	60	11	valuables	valuable	NNS
32027	60	12	,	,	,
32027	60	13	such	such	JJ
32027	60	14	as	as	IN
32027	60	15	important	important	JJ
32027	60	16	documents	document	NNS
32027	60	17	,	,	,
32027	60	18	jewelry	jewelry	NN
32027	60	19	,	,	,
32027	60	20	plate	plate	NN
32027	60	21	,	,	,
32027	60	22	etc	etc	FW
32027	60	23	.	.	FW
32027	60	24	,	,	,
32027	60	25	is	be	VBZ
32027	60	26	also	also	RB
32027	60	27	widespread	widespread	JJ
32027	60	28	and	and	CC
32027	60	29	growing	grow	VBG
32027	60	30	.	.	.
32027	61	1	The	the	DT
32027	61	2	service	service	NN
32027	61	3	of	of	IN
32027	61	4	the	the	DT
32027	61	5	safekeeping	safekeeping	NN
32027	61	6	of	of	IN
32027	61	7	money	money	NN
32027	61	8	naturally	naturally	RB
32027	61	9	leads	lead	VBZ
32027	61	10	to	to	IN
32027	61	11	the	the	DT
32027	61	12	second	second	JJ
32027	61	13	,	,	,
32027	61	14	the	the	DT
32027	61	15	making	making	NN
32027	61	16	of	of	IN
32027	61	17	payments	payment	NNS
32027	61	18	.	.	.
32027	62	1	When	when	WRB
32027	62	2	we	-PRON-	PRP
32027	62	3	intrust	intrust	VBP
32027	62	4	our	-PRON-	PRP$
32027	62	5	means	mean	NNS
32027	62	6	of	of	IN
32027	62	7	payment	payment	NN
32027	62	8	to	to	IN
32027	62	9	a	a	DT
32027	62	10	bank	bank	NN
32027	62	11	,	,	,
32027	62	12	it	-PRON-	PRP
32027	62	13	is	be	VBZ
32027	62	14	natural	natural	JJ
32027	62	15	that	that	IN
32027	62	16	we	-PRON-	PRP
32027	62	17	should	should	MD
32027	62	18	also	also	RB
32027	62	19	make	make	VB
32027	62	20	it	-PRON-	PRP
32027	62	21	our	-PRON-	PRP$
32027	62	22	treasurer	treasurer	NN
32027	62	23	and	and	CC
32027	62	24	disbursing	disbursing	NN
32027	62	25	agent	agent	NN
32027	62	26	,	,	,
32027	62	27	and	and	CC
32027	62	28	so	so	RB
32027	62	29	we	-PRON-	PRP
32027	62	30	do	do	VBP
32027	62	31	.	.	.
32027	63	1	If	if	IN
32027	63	2	we	-PRON-	PRP
32027	63	3	have	have	VBP
32027	63	4	payments	payment	NNS
32027	63	5	to	to	TO
32027	63	6	make	make	VB
32027	63	7	to	to	IN
32027	63	8	people	people	NNS
32027	63	9	at	at	IN
32027	63	10	home	home	NN
32027	63	11	,	,	,
32027	63	12	in	in	IN
32027	63	13	other	other	JJ
32027	63	14	cities	city	NNS
32027	63	15	of	of	IN
32027	63	16	our	-PRON-	PRP$
32027	63	17	own	own	JJ
32027	63	18	country	country	NN
32027	63	19	,	,	,
32027	63	20	or	or	CC
32027	63	21	in	in	IN
32027	63	22	other	other	JJ
32027	63	23	countries	country	NNS
32027	63	24	,	,	,
32027	63	25	we	-PRON-	PRP
32027	63	26	usually	usually	RB
32027	63	27	order	order	VBP
32027	63	28	our	-PRON-	PRP$
32027	63	29	bank	bank	NN
32027	63	30	to	to	TO
32027	63	31	perform	perform	VB
32027	63	32	the	the	DT
32027	63	33	service	service	NN
32027	63	34	for	for	IN
32027	63	35	us	-PRON-	PRP
32027	63	36	.	.	.
32027	64	1	Loans	loan	NNS
32027	64	2	of	of	IN
32027	64	3	almost	almost	RB
32027	64	4	all	all	DT
32027	64	5	kinds	kind	NNS
32027	64	6	are	be	VBP
32027	64	7	made	make	VBN
32027	64	8	by	by	IN
32027	64	9	banks	bank	NNS
32027	64	10	,	,	,
32027	64	11	and	and	CC
32027	64	12	certain	certain	JJ
32027	64	13	kinds	kind	NNS
32027	64	14	,	,	,
32027	64	15	namely	namely	RB
32027	64	16	,	,	,
32027	64	17	those	those	DT
32027	64	18	to	to	IN
32027	64	19	business	business	NN
32027	64	20	men	man	NNS
32027	64	21	for	for	IN
32027	64	22	the	the	DT
32027	64	23	everyday	everyday	JJ
32027	64	24	conduct	conduct	NN
32027	64	25	of	of	IN
32027	64	26	commerce	commerce	NN
32027	64	27	and	and	CC
32027	64	28	industry	industry	NN
32027	64	29	,	,	,
32027	64	30	are	be	VBP
32027	64	31	made	make	VBN
32027	64	32	almost	almost	RB
32027	64	33	exclusively	exclusively	RB
32027	64	34	by	by	IN
32027	64	35	them	-PRON-	PRP
32027	64	36	.	.	.
32027	65	1	For	for	IN
32027	65	2	the	the	DT
32027	65	3	most	most	JJS
32027	65	4	part	part	NN
32027	65	5	these	these	DT
32027	65	6	are	be	VBP
32027	65	7	short	short	JJ
32027	65	8	-	-	HYPH
32027	65	9	term	term	NN
32027	65	10	loans	loan	NNS
32027	65	11	.	.	.
32027	66	1	For	for	IN
32027	66	2	long	long	JJ
32027	66	3	-	-	HYPH
32027	66	4	term	term	NN
32027	66	5	loans	loan	NNS
32027	66	6	banks	bank	NNS
32027	66	7	are	be	VBP
32027	66	8	also	also	RB
32027	66	9	one	one	CD
32027	66	10	of	of	IN
32027	66	11	the	the	DT
32027	66	12	chief	chief	JJ
32027	66	13	resorts	resort	NNS
32027	66	14	,	,	,
32027	66	15	but	but	CC
32027	66	16	in	in	IN
32027	66	17	some	some	DT
32027	66	18	countries	country	NNS
32027	66	19	these	these	DT
32027	66	20	are	be	VBP
32027	66	21	not	not	RB
32027	66	22	to	to	TO
32027	66	23	so	so	RB
32027	66	24	great	great	JJ
32027	66	25	a	a	DT
32027	66	26	degree	degree	NN
32027	66	27	monopolized	monopolize	VBN
32027	66	28	by	by	IN
32027	66	29	them	-PRON-	PRP
32027	66	30	as	as	IN
32027	66	31	the	the	DT
32027	66	32	short	short	JJ
32027	66	33	-	-	HYPH
32027	66	34	term	term	NN
32027	66	35	variety	variety	NN
32027	66	36	.	.	.
32027	67	1	For	for	IN
32027	67	2	the	the	DT
32027	67	3	investment	investment	NN
32027	67	4	of	of	IN
32027	67	5	the	the	DT
32027	67	6	surplus	surplus	JJ
32027	67	7	funds	fund	NNS
32027	67	8	of	of	IN
32027	67	9	people	people	NNS
32027	67	10	banks	bank	NNS
32027	67	11	are	be	VBP
32027	67	12	the	the	DT
32027	67	13	chief	chief	JJ
32027	67	14	agencies	agency	NNS
32027	67	15	.	.	.
32027	68	1	This	this	DT
32027	68	2	function	function	NN
32027	68	3	takes	take	VBZ
32027	68	4	the	the	DT
32027	68	5	form	form	NN
32027	68	6	mainly	mainly	RB
32027	68	7	of	of	IN
32027	68	8	the	the	DT
32027	68	9	sale	sale	NN
32027	68	10	of	of	IN
32027	68	11	stocks	stock	NNS
32027	68	12	,	,	,
32027	68	13	bonds	bond	NNS
32027	68	14	,	,	,
32027	68	15	and	and	CC
32027	68	16	mortgages	mortgage	NNS
32027	68	17	,	,	,
32027	68	18	and	and	CC
32027	68	19	sometimes	sometimes	RB
32027	68	20	of	of	IN
32027	68	21	the	the	DT
32027	68	22	promotion	promotion	NN
32027	68	23	of	of	IN
32027	68	24	new	new	JJ
32027	68	25	enterprises	enterprise	NNS
32027	68	26	.	.	.
32027	69	1	None	none	NN
32027	69	2	of	of	IN
32027	69	3	these	these	DT
32027	69	4	services	service	NNS
32027	69	5	are	be	VBP
32027	69	6	performed	perform	VBN
32027	69	7	by	by	IN
32027	69	8	banks	bank	NNS
32027	69	9	exclusively	exclusively	RB
32027	69	10	.	.	.
32027	70	1	For	for	IN
32027	70	2	the	the	DT
32027	70	3	safekeeping	safekeeping	NN
32027	70	4	of	of	IN
32027	70	5	valuables	valuable	NNS
32027	70	6	,	,	,
32027	70	7	and	and	CC
32027	70	8	sometimes	sometimes	RB
32027	70	9	of	of	IN
32027	70	10	money	money	NN
32027	70	11	,	,	,
32027	70	12	there	there	EX
32027	70	13	are	be	VBP
32027	70	14	in	in	IN
32027	70	15	some	some	DT
32027	70	16	places	place	NNS
32027	70	17	safe	safe	JJ
32027	70	18	deposit	deposit	NN
32027	70	19	companies	company	NNS
32027	70	20	to	to	TO
32027	70	21	which	which	WDT
32027	70	22	the	the	DT
32027	70	23	term	term	NN
32027	70	24	"	"	``
32027	70	25	banks	bank	NNS
32027	70	26	"	"	''
32027	70	27	is	be	VBZ
32027	70	28	not	not	RB
32027	70	29	applied	apply	VBN
32027	70	30	.	.	.
32027	71	1	In	in	IN
32027	71	2	the	the	DT
32027	71	3	making	making	NN
32027	71	4	of	of	IN
32027	71	5	payments	payment	NNS
32027	71	6	the	the	DT
32027	71	7	post	post	NN
32027	71	8	office	office	NN
32027	71	9	departments	department	NNS
32027	71	10	of	of	IN
32027	71	11	governments	government	NNS
32027	71	12	and	and	CC
32027	71	13	express	express	VB
32027	71	14	companies	company	NNS
32027	71	15	participate	participate	VBP
32027	71	16	,	,	,
32027	71	17	and	and	CC
32027	71	18	in	in	IN
32027	71	19	the	the	DT
32027	71	20	making	making	NN
32027	71	21	of	of	IN
32027	71	22	loans	loan	NNS
32027	71	23	and	and	CC
32027	71	24	investments	investment	NNS
32027	71	25	brokers	broker	NNS
32027	71	26	,	,	,
32027	71	27	loan	loan	NN
32027	71	28	companies	company	NNS
32027	71	29	,	,	,
32027	71	30	lawyers	lawyer	NNS
32027	71	31	,	,	,
32027	71	32	etc	etc	FW
32027	71	33	.	.	FW
32027	71	34	,	,	,
32027	71	35	participate	participate	VB
32027	71	36	.	.	.
32027	72	1	The	the	DT
32027	72	2	peculiarity	peculiarity	NN
32027	72	3	of	of	IN
32027	72	4	banking	banking	NN
32027	72	5	institutions	institution	NNS
32027	72	6	consists	consist	VBZ
32027	72	7	not	not	RB
32027	72	8	in	in	IN
32027	72	9	the	the	DT
32027	72	10	performance	performance	NN
32027	72	11	of	of	IN
32027	72	12	any	any	DT
32027	72	13	one	one	CD
32027	72	14	of	of	IN
32027	72	15	these	these	DT
32027	72	16	services	service	NNS
32027	72	17	,	,	,
32027	72	18	but	but	CC
32027	72	19	in	in	IN
32027	72	20	the	the	DT
32027	72	21	fact	fact	NN
32027	72	22	that	that	IN
32027	72	23	they	-PRON-	PRP
32027	72	24	specialize	specialize	VBP
32027	72	25	in	in	IN
32027	72	26	them	-PRON-	PRP
32027	72	27	all	all	DT
32027	72	28	,	,	,
32027	72	29	or	or	CC
32027	72	30	in	in	IN
32027	72	31	a	a	DT
32027	72	32	combination	combination	NN
32027	72	33	of	of	IN
32027	72	34	them	-PRON-	PRP
32027	72	35	.	.	.
32027	73	1	Merely	merely	RB
32027	73	2	to	to	TO
32027	73	3	keep	keep	VB
32027	73	4	money	money	NN
32027	73	5	and	and	CC
32027	73	6	valuables	valuable	NNS
32027	73	7	on	on	IN
32027	73	8	deposit	deposit	NN
32027	73	9	,	,	,
32027	73	10	or	or	CC
32027	73	11	to	to	TO
32027	73	12	act	act	VB
32027	73	13	as	as	IN
32027	73	14	paymaster	paymaster	NN
32027	73	15	,	,	,
32027	73	16	or	or	CC
32027	73	17	to	to	TO
32027	73	18	make	make	VB
32027	73	19	loans	loan	NNS
32027	73	20	,	,	,
32027	73	21	or	or	CC
32027	73	22	to	to	TO
32027	73	23	sell	sell	VB
32027	73	24	bonds	bond	NNS
32027	73	25	,	,	,
32027	73	26	stocks	stock	NNS
32027	73	27	,	,	,
32027	73	28	and	and	CC
32027	73	29	mortgages	mortgage	NNS
32027	73	30	would	would	MD
32027	73	31	not	not	RB
32027	73	32	make	make	VB
32027	73	33	an	an	DT
32027	73	34	institution	institution	NN
32027	73	35	a	a	DT
32027	73	36	bank	bank	NN
32027	73	37	or	or	CC
32027	73	38	an	an	DT
32027	73	39	individual	individual	NN
32027	73	40	a	a	DT
32027	73	41	banker	banker	NN
32027	73	42	;	;	:
32027	73	43	but	but	CC
32027	73	44	to	to	TO
32027	73	45	make	make	VB
32027	73	46	a	a	DT
32027	73	47	business	business	NN
32027	73	48	of	of	IN
32027	73	49	performing	perform	VBG
32027	73	50	most	most	RBS
32027	73	51	or	or	CC
32027	73	52	all	all	DT
32027	73	53	of	of	IN
32027	73	54	these	these	DT
32027	73	55	services	service	NNS
32027	73	56	for	for	IN
32027	73	57	the	the	DT
32027	73	58	public	public	NN
32027	73	59	involves	involve	VBZ
32027	73	60	the	the	DT
32027	73	61	use	use	NN
32027	73	62	of	of	IN
32027	73	63	certain	certain	JJ
32027	73	64	machinery	machinery	NN
32027	73	65	and	and	CC
32027	73	66	certain	certain	JJ
32027	73	67	methods	method	NNS
32027	73	68	of	of	IN
32027	73	69	procedure	procedure	NN
32027	73	70	,	,	,
32027	73	71	and	and	CC
32027	73	72	the	the	DT
32027	73	73	assumption	assumption	NN
32027	73	74	of	of	IN
32027	73	75	a	a	DT
32027	73	76	rôle	rôle	NN
32027	73	77	in	in	IN
32027	73	78	the	the	DT
32027	73	79	nation	nation	NN
32027	73	80	's	's	POS
32027	73	81	economy	economy	NN
32027	73	82	which	which	WDT
32027	73	83	is	be	VBZ
32027	73	84	distinctive	distinctive	JJ
32027	73	85	and	and	CC
32027	73	86	peculiar	peculiar	JJ
32027	73	87	,	,	,
32027	73	88	and	and	CC
32027	73	89	which	which	WDT
32027	73	90	has	have	VBZ
32027	73	91	set	set	VBN
32027	73	92	these	these	DT
32027	73	93	institutions	institution	NNS
32027	73	94	apart	apart	RB
32027	73	95	in	in	IN
32027	73	96	every	every	DT
32027	73	97	country	country	NN
32027	73	98	as	as	IN
32027	73	99	objects	object	NNS
32027	73	100	of	of	IN
32027	73	101	legislation	legislation	NN
32027	73	102	and	and	CC
32027	73	103	of	of	IN
32027	73	104	scientific	scientific	JJ
32027	73	105	treatment	treatment	NN
32027	73	106	,	,	,
32027	73	107	as	as	RB
32027	73	108	well	well	RB
32027	73	109	as	as	IN
32027	73	110	in	in	IN
32027	73	111	the	the	DT
32027	73	112	thought	thought	NN
32027	73	113	and	and	CC
32027	73	114	regard	regard	NN
32027	73	115	of	of	IN
32027	73	116	the	the	DT
32027	73	117	people	people	NNS
32027	73	118	.	.	.
32027	74	1	_	_	NNP
32027	74	2	2	2	CD
32027	74	3	.	.	.
32027	75	1	The	the	DT
32027	75	2	Economic	Economic	NNP
32027	75	3	Functions	Functions	NNPS
32027	75	4	of	of	IN
32027	75	5	Banks	Banks	NNPS
32027	75	6	_	_	NNP
32027	75	7	Viewed	view	VBD
32027	75	8	from	from	IN
32027	75	9	the	the	DT
32027	75	10	standpoint	standpoint	NN
32027	75	11	of	of	IN
32027	75	12	the	the	DT
32027	75	13	nation	nation	NN
32027	75	14	rather	rather	RB
32027	75	15	than	than	IN
32027	75	16	from	from	IN
32027	75	17	that	that	DT
32027	75	18	of	of	IN
32027	75	19	individuals	individual	NNS
32027	75	20	,	,	,
32027	75	21	the	the	DT
32027	75	22	functions	function	NNS
32027	75	23	of	of	IN
32027	75	24	banks	bank	NNS
32027	75	25	may	may	MD
32027	75	26	be	be	VB
32027	75	27	described	describe	VBN
32027	75	28	as	as	IN
32027	75	29	those	those	DT
32027	75	30	of	of	IN
32027	75	31	intermediaries	intermediary	NNS
32027	75	32	in	in	IN
32027	75	33	exchanges	exchange	NNS
32027	75	34	and	and	CC
32027	75	35	in	in	IN
32027	75	36	the	the	DT
32027	75	37	investment	investment	NN
32027	75	38	of	of	IN
32027	75	39	capital	capital	NN
32027	75	40	.	.	.
32027	76	1	In	in	IN
32027	76	2	the	the	DT
32027	76	3	former	former	JJ
32027	76	4	capacity	capacity	NN
32027	76	5	they	-PRON-	PRP
32027	76	6	supply	supply	VBP
32027	76	7	the	the	DT
32027	76	8	world	world	NN
32027	76	9	with	with	IN
32027	76	10	the	the	DT
32027	76	11	major	major	JJ
32027	76	12	part	part	NN
32027	76	13	of	of	IN
32027	76	14	its	-PRON-	PRP$
32027	76	15	medium	medium	NN
32027	76	16	of	of	IN
32027	76	17	exchange	exchange	NN
32027	76	18	and	and	CC
32027	76	19	serve	serve	VB
32027	76	20	as	as	IN
32027	76	21	distributing	distribute	VBG
32027	76	22	agents	agent	NNS
32027	76	23	for	for	IN
32027	76	24	that	that	DT
32027	76	25	portion	portion	NN
32027	76	26	of	of	IN
32027	76	27	the	the	DT
32027	76	28	supply	supply	NN
32027	76	29	which	which	WDT
32027	76	30	comes	come	VBZ
32027	76	31	from	from	IN
32027	76	32	other	other	JJ
32027	76	33	sources	source	NNS
32027	76	34	.	.	.
32027	77	1	They	-PRON-	PRP
32027	77	2	create	create	VBP
32027	77	3	a	a	DT
32027	77	4	medium	medium	NN
32027	77	5	of	of	IN
32027	77	6	exchange	exchange	NN
32027	77	7	through	through	IN
32027	77	8	a	a	DT
32027	77	9	process	process	NN
32027	77	10	of	of	IN
32027	77	11	bookkeeping	bookkeeping	NN
32027	77	12	which	which	WDT
32027	77	13	is	be	VBZ
32027	77	14	world	world	NN
32027	77	15	-	-	HYPH
32027	77	16	wide	wide	JJ
32027	77	17	in	in	IN
32027	77	18	extent	extent	NN
32027	77	19	,	,	,
32027	77	20	and	and	CC
32027	77	21	through	through	IN
32027	77	22	which	which	WDT
32027	77	23	the	the	DT
32027	77	24	mutual	mutual	JJ
32027	77	25	indebtedness	indebtedness	NN
32027	77	26	of	of	IN
32027	77	27	individuals	individual	NNS
32027	77	28	,	,	,
32027	77	29	cities	city	NNS
32027	77	30	,	,	,
32027	77	31	and	and	CC
32027	77	32	other	other	JJ
32027	77	33	subdivisions	subdivision	NNS
32027	77	34	of	of	IN
32027	77	35	countries	country	NNS
32027	77	36	and	and	CC
32027	77	37	nations	nation	NNS
32027	77	38	,	,	,
32027	77	39	brought	bring	VBN
32027	77	40	about	about	RP
32027	77	41	by	by	IN
32027	77	42	purchases	purchase	NNS
32027	77	43	and	and	CC
32027	77	44	sales	sale	NNS
32027	77	45	on	on	IN
32027	77	46	credit	credit	NN
32027	77	47	,	,	,
32027	77	48	are	be	VBP
32027	77	49	offset	offset	VBN
32027	77	50	without	without	IN
32027	77	51	the	the	DT
32027	77	52	use	use	NN
32027	77	53	of	of	IN
32027	77	54	money	money	NN
32027	77	55	.	.	.
32027	78	1	The	the	DT
32027	78	2	practice	practice	NN
32027	78	3	of	of	IN
32027	78	4	depositing	deposit	VBG
32027	78	5	surplus	surplus	NN
32027	78	6	funds	fund	NNS
32027	78	7	with	with	IN
32027	78	8	banks	bank	NNS
32027	78	9	for	for	IN
32027	78	10	safekeeping	safekeeping	NN
32027	78	11	and	and	CC
32027	78	12	consequently	consequently	RB
32027	78	13	of	of	IN
32027	78	14	using	use	VBG
32027	78	15	them	-PRON-	PRP
32027	78	16	as	as	IN
32027	78	17	paymasters	paymaster	NNS
32027	78	18	has	have	VBZ
32027	78	19	resulted	result	VBN
32027	78	20	in	in	IN
32027	78	21	the	the	DT
32027	78	22	reliance	reliance	NN
32027	78	23	of	of	IN
32027	78	24	everybody	everybody	NN
32027	78	25	upon	upon	IN
32027	78	26	banks	bank	NNS
32027	78	27	for	for	IN
32027	78	28	currency	currency	NN
32027	78	29	in	in	IN
32027	78	30	any	any	DT
32027	78	31	form	form	NN
32027	78	32	,	,	,
32027	78	33	and	and	CC
32027	78	34	has	have	VBZ
32027	78	35	thus	thus	RB
32027	78	36	thrown	throw	VBN
32027	78	37	upon	upon	IN
32027	78	38	them	-PRON-	PRP
32027	78	39	the	the	DT
32027	78	40	responsibility	responsibility	NN
32027	78	41	of	of	IN
32027	78	42	directly	directly	RB
32027	78	43	utilizing	utilize	VBG
32027	78	44	all	all	PDT
32027	78	45	the	the	DT
32027	78	46	sources	source	NNS
32027	78	47	of	of	IN
32027	78	48	money	money	NN
32027	78	49	supply	supply	NN
32027	78	50	.	.	.
32027	79	1	Thus	thus	RB
32027	79	2	while	while	IN
32027	79	3	the	the	DT
32027	79	4	mints	mint	NNS
32027	79	5	of	of	IN
32027	79	6	the	the	DT
32027	79	7	United	United	NNP
32027	79	8	States	States	NNP
32027	79	9	and	and	CC
32027	79	10	most	most	JJS
32027	79	11	other	other	JJ
32027	79	12	countries	country	NNS
32027	79	13	coin	coin	VBP
32027	79	14	gold	gold	NN
32027	79	15	bullion	bullion	NN
32027	79	16	,	,	,
32027	79	17	and	and	CC
32027	79	18	supply	supply	VB
32027	79	19	subsidiary	subsidiary	NN
32027	79	20	silver	silver	NN
32027	79	21	and	and	CC
32027	79	22	copper	copper	NN
32027	79	23	and	and	CC
32027	79	24	nickel	nickel	NN
32027	79	25	coins	coin	NNS
32027	79	26	to	to	IN
32027	79	27	private	private	JJ
32027	79	28	persons	person	NNS
32027	79	29	on	on	IN
32027	79	30	the	the	DT
32027	79	31	same	same	JJ
32027	79	32	terms	term	NNS
32027	79	33	as	as	IN
32027	79	34	to	to	IN
32027	79	35	banks	bank	NNS
32027	79	36	,	,	,
32027	79	37	as	as	IN
32027	79	38	a	a	DT
32027	79	39	matter	matter	NN
32027	79	40	of	of	IN
32027	79	41	fact	fact	NN
32027	79	42	few	few	JJ
32027	79	43	private	private	JJ
32027	79	44	persons	person	NNS
32027	79	45	take	take	VBP
32027	79	46	advantage	advantage	NN
32027	79	47	of	of	IN
32027	79	48	this	this	DT
32027	79	49	privilege	privilege	NN
32027	79	50	,	,	,
32027	79	51	finding	find	VBG
32027	79	52	it	-PRON-	PRP
32027	79	53	more	more	RBR
32027	79	54	convenient	convenient	JJ
32027	79	55	and	and	CC
32027	79	56	profitable	profitable	JJ
32027	79	57	to	to	TO
32027	79	58	get	get	VB
32027	79	59	the	the	DT
32027	79	60	coin	coin	NN
32027	79	61	they	-PRON-	PRP
32027	79	62	want	want	VBP
32027	79	63	from	from	IN
32027	79	64	banks	bank	NNS
32027	79	65	.	.	.
32027	80	1	The	the	DT
32027	80	2	same	same	JJ
32027	80	3	is	be	VBZ
32027	80	4	true	true	JJ
32027	80	5	of	of	IN
32027	80	6	government	government	NN
32027	80	7	notes	note	NNS
32027	80	8	in	in	IN
32027	80	9	countries	country	NNS
32027	80	10	in	in	IN
32027	80	11	which	which	WDT
32027	80	12	such	such	JJ
32027	80	13	notes	note	NNS
32027	80	14	constitute	constitute	VBP
32027	80	15	a	a	DT
32027	80	16	portion	portion	NN
32027	80	17	of	of	IN
32027	80	18	the	the	DT
32027	80	19	currency	currency	NN
32027	80	20	.	.	.
32027	81	1	The	the	DT
32027	81	2	accumulation	accumulation	NN
32027	81	3	of	of	IN
32027	81	4	a	a	DT
32027	81	5	nation	nation	NN
32027	81	6	's	's	POS
32027	81	7	capital	capital	NN
32027	81	8	and	and	CC
32027	81	9	its	-PRON-	PRP$
32027	81	10	investment	investment	NN
32027	81	11	require	require	VBP
32027	81	12	the	the	DT
32027	81	13	cooperation	cooperation	NN
32027	81	14	of	of	IN
32027	81	15	numerous	numerous	JJ
32027	81	16	agencies	agency	NNS
32027	81	17	of	of	IN
32027	81	18	which	which	WDT
32027	81	19	banks	bank	NNS
32027	81	20	are	be	VBP
32027	81	21	the	the	DT
32027	81	22	chief	chief	NN
32027	81	23	.	.	.
32027	82	1	They	-PRON-	PRP
32027	82	2	collect	collect	VBP
32027	82	3	the	the	DT
32027	82	4	savings	saving	NNS
32027	82	5	of	of	IN
32027	82	6	the	the	DT
32027	82	7	people	people	NNS
32027	82	8	,	,	,
32027	82	9	combine	combine	VB
32027	82	10	them	-PRON-	PRP
32027	82	11	into	into	IN
32027	82	12	amounts	amount	NNS
32027	82	13	of	of	IN
32027	82	14	sufficient	sufficient	JJ
32027	82	15	size	size	NN
32027	82	16	for	for	IN
32027	82	17	investment	investment	NN
32027	82	18	purposes	purpose	NNS
32027	82	19	,	,	,
32027	82	20	and	and	CC
32027	82	21	invest	invest	VB
32027	82	22	them	-PRON-	PRP
32027	82	23	temporarily	temporarily	RB
32027	82	24	and	and	CC
32027	82	25	sometimes	sometimes	RB
32027	82	26	permanently	permanently	RB
32027	82	27	.	.	.
32027	83	1	Cooperating	cooperate	VBG
32027	83	2	agencies	agency	NNS
32027	83	3	in	in	IN
32027	83	4	this	this	DT
32027	83	5	work	work	NN
32027	83	6	are	be	VBP
32027	83	7	insurance	insurance	NN
32027	83	8	companies	company	NNS
32027	83	9	,	,	,
32027	83	10	societies	society	NNS
32027	83	11	of	of	IN
32027	83	12	various	various	JJ
32027	83	13	kinds	kind	NNS
32027	83	14	for	for	IN
32027	83	15	the	the	DT
32027	83	16	promotion	promotion	NN
32027	83	17	of	of	IN
32027	83	18	saving	saving	NN
32027	83	19	,	,	,
32027	83	20	stock	stock	NN
32027	83	21	exchanges	exchange	NNS
32027	83	22	,	,	,
32027	83	23	promoters	promoter	NNS
32027	83	24	,	,	,
32027	83	25	etc	etc	FW
32027	83	26	.	.	.
32027	84	1	Some	some	DT
32027	84	2	of	of	IN
32027	84	3	these	these	DT
32027	84	4	take	take	VBP
32027	84	5	the	the	DT
32027	84	6	place	place	NN
32027	84	7	of	of	IN
32027	84	8	banks	bank	NNS
32027	84	9	in	in	IN
32027	84	10	the	the	DT
32027	84	11	performance	performance	NN
32027	84	12	of	of	IN
32027	84	13	these	these	DT
32027	84	14	services	service	NNS
32027	84	15	,	,	,
32027	84	16	while	while	IN
32027	84	17	others	other	NNS
32027	84	18	supplement	supplement	VBP
32027	84	19	and	and	CC
32027	84	20	aid	aid	VB
32027	84	21	them	-PRON-	PRP
32027	84	22	.	.	.
32027	85	1	_	_	NNP
32027	85	2	3	3	CD
32027	85	3	.	.	.
32027	86	1	Classification	classification	NN
32027	86	2	of	of	IN
32027	86	3	Banking	Banking	NNP
32027	86	4	Institutions	Institutions	NNPS
32027	86	5	_	_	NNP
32027	86	6	Banks	Banks	NNPS
32027	86	7	differ	differ	VBP
32027	86	8	from	from	IN
32027	86	9	one	one	CD
32027	86	10	another	another	DT
32027	86	11	chiefly	chiefly	RB
32027	86	12	in	in	IN
32027	86	13	the	the	DT
32027	86	14	nature	nature	NN
32027	86	15	and	and	CC
32027	86	16	degree	degree	NN
32027	86	17	of	of	IN
32027	86	18	their	-PRON-	PRP$
32027	86	19	specialization	specialization	NN
32027	86	20	,	,	,
32027	86	21	in	in	IN
32027	86	22	legal	legal	JJ
32027	86	23	status	status	NN
32027	86	24	,	,	,
32027	86	25	and	and	CC
32027	86	26	in	in	IN
32027	86	27	the	the	DT
32027	86	28	place	place	NN
32027	86	29	they	-PRON-	PRP
32027	86	30	occupy	occupy	VBP
32027	86	31	in	in	IN
32027	86	32	the	the	DT
32027	86	33	system	system	NN
32027	86	34	to	to	TO
32027	86	35	which	which	WDT
32027	86	36	they	-PRON-	PRP
32027	86	37	belong	belong	VBP
32027	86	38	.	.	.
32027	87	1	Some	some	DT
32027	87	2	banks	bank	NNS
32027	87	3	devote	devote	VBP
32027	87	4	the	the	DT
32027	87	5	major	major	JJ
32027	87	6	portion	portion	NN
32027	87	7	of	of	IN
32027	87	8	their	-PRON-	PRP$
32027	87	9	effort	effort	NN
32027	87	10	to	to	IN
32027	87	11	the	the	DT
32027	87	12	conduct	conduct	NN
32027	87	13	of	of	IN
32027	87	14	exchanges	exchange	NNS
32027	87	15	and	and	CC
32027	87	16	are	be	VBP
32027	87	17	called	call	VBN
32027	87	18	_	_	NNP
32027	87	19	commercial	commercial	JJ
32027	87	20	_	_	NNP
32027	87	21	banks	bank	NNS
32027	87	22	,	,	,
32027	87	23	others	other	NNS
32027	87	24	to	to	IN
32027	87	25	investment	investment	NN
32027	87	26	banking	banking	NN
32027	87	27	and	and	CC
32027	87	28	are	be	VBP
32027	87	29	called	call	VBN
32027	87	30	_	_	NNP
32027	87	31	investment	investment	NN
32027	87	32	_	_	NNP
32027	87	33	banks	bank	NNS
32027	87	34	.	.	.
32027	88	1	The	the	DT
32027	88	2	most	most	RBS
32027	88	3	common	common	JJ
32027	88	4	subclasses	subclass	NNS
32027	88	5	under	under	IN
32027	88	6	the	the	DT
32027	88	7	latter	latter	JJ
32027	88	8	head	head	NN
32027	88	9	are	be	VBP
32027	88	10	savings	saving	NNS
32027	88	11	banks	bank	NNS
32027	88	12	,	,	,
32027	88	13	land	land	NN
32027	88	14	or	or	CC
32027	88	15	mortgage	mortgage	NN
32027	88	16	banks	bank	NNS
32027	88	17	,	,	,
32027	88	18	and	and	CC
32027	88	19	bond	bond	NN
32027	88	20	houses	house	NNS
32027	88	21	.	.	.
32027	89	1	Savings	saving	NNS
32027	89	2	banks	bank	NNS
32027	89	3	specialize	specialize	VBP
32027	89	4	in	in	IN
32027	89	5	the	the	DT
32027	89	6	collection	collection	NN
32027	89	7	and	and	CC
32027	89	8	investment	investment	NN
32027	89	9	of	of	IN
32027	89	10	small	small	JJ
32027	89	11	savings	saving	NNS
32027	89	12	;	;	:
32027	89	13	land	land	NN
32027	89	14	banks	bank	NNS
32027	89	15	are	be	VBP
32027	89	16	primarily	primarily	RB
32027	89	17	intermediaries	intermediary	NNS
32027	89	18	between	between	IN
32027	89	19	capitalists	capitalist	NNS
32027	89	20	and	and	CC
32027	89	21	people	people	NNS
32027	89	22	who	who	WP
32027	89	23	wish	wish	VBP
32027	89	24	to	to	TO
32027	89	25	invest	invest	VB
32027	89	26	capital	capital	NN
32027	89	27	in	in	IN
32027	89	28	land	land	NN
32027	89	29	,	,	,
32027	89	30	building	building	NN
32027	89	31	operations	operation	NNS
32027	89	32	,	,	,
32027	89	33	and	and	CC
32027	89	34	agriculture	agriculture	NN
32027	89	35	;	;	:
32027	89	36	and	and	CC
32027	89	37	bond	bond	NN
32027	89	38	houses	house	NNS
32027	89	39	are	be	VBP
32027	89	40	intermediaries	intermediary	NNS
32027	89	41	between	between	IN
32027	89	42	capitalists	capitalist	NNS
32027	89	43	and	and	CC
32027	89	44	those	those	DT
32027	89	45	who	who	WP
32027	89	46	wish	wish	VBP
32027	89	47	to	to	TO
32027	89	48	invest	invest	VB
32027	89	49	capital	capital	NN
32027	89	50	in	in	IN
32027	89	51	industrial	industrial	JJ
32027	89	52	,	,	,
32027	89	53	commercial	commercial	JJ
32027	89	54	,	,	,
32027	89	55	and	and	CC
32027	89	56	transportation	transportation	NN
32027	89	57	enterprises	enterprise	NNS
32027	89	58	,	,	,
32027	89	59	or	or	CC
32027	89	60	loan	loan	VB
32027	89	61	it	-PRON-	PRP
32027	89	62	to	to	IN
32027	89	63	states	state	NNS
32027	89	64	,	,	,
32027	89	65	cities	city	NNS
32027	89	66	,	,	,
32027	89	67	or	or	CC
32027	89	68	other	other	JJ
32027	89	69	public	public	JJ
32027	89	70	corporations	corporation	NNS
32027	89	71	.	.	.
32027	90	1	Commercial	commercial	JJ
32027	90	2	banks	bank	NNS
32027	90	3	rarely	rarely	RB
32027	90	4	confine	confine	VBP
32027	90	5	themselves	-PRON-	PRP
32027	90	6	exclusively	exclusively	RB
32027	90	7	to	to	IN
32027	90	8	the	the	DT
32027	90	9	conduct	conduct	NN
32027	90	10	of	of	IN
32027	90	11	exchanges	exchange	NNS
32027	90	12	.	.	.
32027	91	1	Most	Most	JJS
32027	91	2	of	of	IN
32027	91	3	them	-PRON-	PRP
32027	91	4	also	also	RB
32027	91	5	conduct	conduct	VBP
32027	91	6	savings	saving	NNS
32027	91	7	departments	department	NNS
32027	91	8	and	and	CC
32027	91	9	invest	invest	VB
32027	91	10	the	the	DT
32027	91	11	funds	fund	NNS
32027	91	12	intrusted	intrust	VBN
32027	91	13	to	to	IN
32027	91	14	them	-PRON-	PRP
32027	91	15	through	through	IN
32027	91	16	such	such	JJ
32027	91	17	departments	department	NNS
32027	91	18	in	in	IN
32027	91	19	agricultural	agricultural	JJ
32027	91	20	,	,	,
32027	91	21	industrial	industrial	JJ
32027	91	22	,	,	,
32027	91	23	or	or	CC
32027	91	24	commercial	commercial	JJ
32027	91	25	enterprises	enterprise	NNS
32027	91	26	or	or	CC
32027	91	27	loan	loan	VB
32027	91	28	them	-PRON-	PRP
32027	91	29	to	to	IN
32027	91	30	public	public	JJ
32027	91	31	corporations	corporation	NNS
32027	91	32	.	.	.
32027	92	1	Commercial	commercial	JJ
32027	92	2	banking	banking	NN
32027	92	3	,	,	,
32027	92	4	however	however	RB
32027	92	5	,	,	,
32027	92	6	is	be	VBZ
32027	92	7	their	-PRON-	PRP$
32027	92	8	main	main	JJ
32027	92	9	concern	concern	NN
32027	92	10	,	,	,
32027	92	11	their	-PRON-	PRP$
32027	92	12	other	other	JJ
32027	92	13	departments	department	NNS
32027	92	14	being	be	VBG
32027	92	15	side	side	JJ
32027	92	16	issues	issue	NNS
32027	92	17	of	of	IN
32027	92	18	greater	great	JJR
32027	92	19	or	or	CC
32027	92	20	less	less	JJR
32027	92	21	importance	importance	NN
32027	92	22	according	accord	VBG
32027	92	23	to	to	IN
32027	92	24	circumstances	circumstance	NNS
32027	92	25	.	.	.
32027	93	1	Investment	investment	NN
32027	93	2	banks	bank	NNS
32027	93	3	also	also	RB
32027	93	4	frequently	frequently	RB
32027	93	5	carry	carry	VBP
32027	93	6	on	on	IN
32027	93	7	commercial	commercial	JJ
32027	93	8	banking	banking	NN
32027	93	9	as	as	IN
32027	93	10	a	a	DT
32027	93	11	side	side	NN
32027	93	12	issue	issue	NN
32027	93	13	.	.	.
32027	94	1	These	these	DT
32027	94	2	two	two	CD
32027	94	3	lines	line	NNS
32027	94	4	of	of	IN
32027	94	5	business	business	NN
32027	94	6	are	be	VBP
32027	94	7	sometimes	sometimes	RB
32027	94	8	mixed	mix	VBN
32027	94	9	in	in	IN
32027	94	10	such	such	JJ
32027	94	11	proportions	proportion	NNS
32027	94	12	as	as	IN
32027	94	13	to	to	TO
32027	94	14	render	render	VB
32027	94	15	classification	classification	NN
32027	94	16	difficult	difficult	JJ
32027	94	17	.	.	.
32027	95	1	From	from	IN
32027	95	2	a	a	DT
32027	95	3	legal	legal	JJ
32027	95	4	point	point	NN
32027	95	5	of	of	IN
32027	95	6	view	view	NN
32027	95	7	the	the	DT
32027	95	8	banks	bank	NNS
32027	95	9	of	of	IN
32027	95	10	nearly	nearly	RB
32027	95	11	all	all	DT
32027	95	12	countries	country	NNS
32027	95	13	may	may	MD
32027	95	14	be	be	VB
32027	95	15	classified	classify	VBN
32027	95	16	as	as	IN
32027	95	17	_	_	NNP
32027	95	18	private	private	JJ
32027	95	19	_	_	NNP
32027	95	20	or	or	CC
32027	95	21	unincorporated	unincorporated	JJ
32027	95	22	,	,	,
32027	95	23	and	and	CC
32027	95	24	_	_	NNP
32027	95	25	incorporated	incorporate	VBD
32027	95	26	_	_	NNP
32027	95	27	,	,	,
32027	95	28	sometimes	sometimes	RB
32027	95	29	also	also	RB
32027	95	30	called	call	VBN
32027	95	31	joint	joint	JJ
32027	95	32	-	-	HYPH
32027	95	33	stock	stock	NN
32027	95	34	banks	bank	NNS
32027	95	35	.	.	.
32027	96	1	Private	private	JJ
32027	96	2	banks	bank	NNS
32027	96	3	are	be	VBP
32027	96	4	started	start	VBN
32027	96	5	by	by	IN
32027	96	6	individuals	individual	NNS
32027	96	7	or	or	CC
32027	96	8	firms	firm	NNS
32027	96	9	,	,	,
32027	96	10	like	like	IN
32027	96	11	any	any	DT
32027	96	12	other	other	JJ
32027	96	13	private	private	JJ
32027	96	14	enterprise	enterprise	NN
32027	96	15	,	,	,
32027	96	16	without	without	IN
32027	96	17	the	the	DT
32027	96	18	formality	formality	NN
32027	96	19	of	of	IN
32027	96	20	application	application	NN
32027	96	21	for	for	IN
32027	96	22	permission	permission	NN
32027	96	23	to	to	IN
32027	96	24	some	some	DT
32027	96	25	public	public	JJ
32027	96	26	officer	officer	NN
32027	96	27	,	,	,
32027	96	28	and	and	CC
32027	96	29	without	without	IN
32027	96	30	compliance	compliance	NN
32027	96	31	with	with	IN
32027	96	32	a	a	DT
32027	96	33	set	set	NN
32027	96	34	of	of	IN
32027	96	35	legally	legally	RB
32027	96	36	prescribed	prescribe	VBN
32027	96	37	regulations	regulation	NNS
32027	96	38	.	.	.
32027	97	1	They	-PRON-	PRP
32027	97	2	are	be	VBP
32027	97	3	subject	subject	JJ
32027	97	4	to	to	IN
32027	97	5	the	the	DT
32027	97	6	laws	law	NNS
32027	97	7	of	of	IN
32027	97	8	the	the	DT
32027	97	9	country	country	NN
32027	97	10	governing	govern	VBG
32027	97	11	all	all	DT
32027	97	12	kinds	kind	NNS
32027	97	13	of	of	IN
32027	97	14	private	private	JJ
32027	97	15	business	business	NN
32027	97	16	enterprises	enterprise	NNS
32027	97	17	and	and	CC
32027	97	18	sometimes	sometimes	RB
32027	97	19	to	to	IN
32027	97	20	special	special	JJ
32027	97	21	laws	law	NNS
32027	97	22	applying	apply	VBG
32027	97	23	specifically	specifically	RB
32027	97	24	to	to	IN
32027	97	25	them	-PRON-	PRP
32027	97	26	.	.	.
32027	98	1	In	in	IN
32027	98	2	some	some	DT
32027	98	3	of	of	IN
32027	98	4	the	the	DT
32027	98	5	states	state	NNS
32027	98	6	of	of	IN
32027	98	7	the	the	DT
32027	98	8	United	United	NNP
32027	98	9	States	States	NNP
32027	98	10	such	such	JJ
32027	98	11	banks	bank	NNS
32027	98	12	are	be	VBP
32027	98	13	prohibited	prohibit	VBN
32027	98	14	by	by	IN
32027	98	15	law	law	NN
32027	98	16	.	.	.
32027	99	1	Incorporated	incorporated	JJ
32027	99	2	banks	bank	NNS
32027	99	3	are	be	VBP
32027	99	4	usually	usually	RB
32027	99	5	started	start	VBN
32027	99	6	by	by	IN
32027	99	7	private	private	JJ
32027	99	8	initiative	initiative	NN
32027	99	9	but	but	CC
32027	99	10	owe	owe	VBP
32027	99	11	their	-PRON-	PRP$
32027	99	12	actual	actual	JJ
32027	99	13	legal	legal	JJ
32027	99	14	existence	existence	NN
32027	99	15	and	and	CC
32027	99	16	status	status	NN
32027	99	17	to	to	IN
32027	99	18	a	a	DT
32027	99	19	special	special	JJ
32027	99	20	law	law	NN
32027	99	21	,	,	,
32027	99	22	to	to	IN
32027	99	23	the	the	DT
32027	99	24	requirements	requirement	NNS
32027	99	25	of	of	IN
32027	99	26	which	which	WDT
32027	99	27	they	-PRON-	PRP
32027	99	28	must	must	MD
32027	99	29	conform	conform	VB
32027	99	30	before	before	IN
32027	99	31	they	-PRON-	PRP
32027	99	32	are	be	VBP
32027	99	33	permitted	permit	VBN
32027	99	34	to	to	TO
32027	99	35	do	do	VB
32027	99	36	business	business	NN
32027	99	37	.	.	.
32027	100	1	Their	-PRON-	PRP$
32027	100	2	right	right	NN
32027	100	3	to	to	TO
32027	100	4	do	do	VB
32027	100	5	business	business	NN
32027	100	6	is	be	VBZ
32027	100	7	usually	usually	RB
32027	100	8	evidenced	evidence	VBN
32027	100	9	by	by	IN
32027	100	10	a	a	DT
32027	100	11	document	document	NN
32027	100	12	known	know	VBN
32027	100	13	as	as	IN
32027	100	14	a	a	DT
32027	100	15	charter	charter	NN
32027	100	16	,	,	,
32027	100	17	executed	execute	VBN
32027	100	18	and	and	CC
32027	100	19	delivered	deliver	VBN
32027	100	20	by	by	IN
32027	100	21	a	a	DT
32027	100	22	public	public	JJ
32027	100	23	officer	officer	NN
32027	100	24	legally	legally	RB
32027	100	25	endowed	endow	VBN
32027	100	26	with	with	IN
32027	100	27	the	the	DT
32027	100	28	requisite	requisite	NNP
32027	100	29	authority	authority	NNP
32027	100	30	,	,	,
32027	100	31	or	or	CC
32027	100	32	passed	pass	VBN
32027	100	33	in	in	IN
32027	100	34	the	the	DT
32027	100	35	form	form	NN
32027	100	36	of	of	IN
32027	100	37	a	a	DT
32027	100	38	law	law	NN
32027	100	39	by	by	IN
32027	100	40	the	the	DT
32027	100	41	legislative	legislative	JJ
32027	100	42	organs	organ	NNS
32027	100	43	of	of	IN
32027	100	44	the	the	DT
32027	100	45	state	state	NN
32027	100	46	.	.	.
32027	101	1	Charters	charter	NNS
32027	101	2	of	of	IN
32027	101	3	the	the	DT
32027	101	4	latter	latter	JJ
32027	101	5	kind	kind	NN
32027	101	6	are	be	VBP
32027	101	7	known	know	VBN
32027	101	8	as	as	IN
32027	101	9	special	special	JJ
32027	101	10	charters	charter	NNS
32027	101	11	and	and	CC
32027	101	12	are	be	VBP
32027	101	13	rarely	rarely	RB
32027	101	14	used	use	VBN
32027	101	15	nowadays	nowadays	RB
32027	101	16	,	,	,
32027	101	17	except	except	IN
32027	101	18	in	in	IN
32027	101	19	the	the	DT
32027	101	20	case	case	NN
32027	101	21	of	of	IN
32027	101	22	institutions	institution	NNS
32027	101	23	of	of	IN
32027	101	24	a	a	DT
32027	101	25	peculiar	peculiar	JJ
32027	101	26	character	character	NN
32027	101	27	,	,	,
32027	101	28	endowed	endow	VBN
32027	101	29	with	with	IN
32027	101	30	special	special	JJ
32027	101	31	functions	function	NNS
32027	101	32	.	.	.
32027	102	1	The	the	DT
32027	102	2	central	central	JJ
32027	102	3	banks	bank	NNS
32027	102	4	of	of	IN
32027	102	5	Europe	Europe	NNP
32027	102	6	owe	owe	VBP
32027	102	7	their	-PRON-	PRP$
32027	102	8	existence	existence	NN
32027	102	9	to	to	IN
32027	102	10	such	such	JJ
32027	102	11	charters	charter	NNS
32027	102	12	,	,	,
32027	102	13	as	as	IN
32027	102	14	did	do	VBD
32027	102	15	also	also	RB
32027	102	16	the	the	DT
32027	102	17	first	first	JJ
32027	102	18	and	and	CC
32027	102	19	second	second	JJ
32027	102	20	United	United	NNP
32027	102	21	States	States	NNP
32027	102	22	banks	bank	NNS
32027	102	23	.	.	.
32027	103	1	In	in	IN
32027	103	2	the	the	DT
32027	103	3	early	early	JJ
32027	103	4	history	history	NN
32027	103	5	of	of	IN
32027	103	6	the	the	DT
32027	103	7	United	United	NNP
32027	103	8	States	States	NNP
32027	103	9	special	special	JJ
32027	103	10	charters	charter	NNS
32027	103	11	were	be	VBD
32027	103	12	uniformly	uniformly	RB
32027	103	13	employed	employ	VBN
32027	103	14	by	by	IN
32027	103	15	the	the	DT
32027	103	16	states	state	NNS
32027	103	17	,	,	,
32027	103	18	but	but	CC
32027	103	19	for	for	IN
32027	103	20	many	many	JJ
32027	103	21	years	year	NNS
32027	103	22	general	general	JJ
32027	103	23	incorporation	incorporation	NN
32027	103	24	laws	law	NNS
32027	103	25	have	have	VBP
32027	103	26	been	be	VBN
32027	103	27	the	the	DT
32027	103	28	rule	rule	NN
32027	103	29	,	,	,
32027	103	30	on	on	IN
32027	103	31	compliance	compliance	NN
32027	103	32	with	with	IN
32027	103	33	the	the	DT
32027	103	34	requirements	requirement	NNS
32027	103	35	of	of	IN
32027	103	36	which	which	WDT
32027	103	37	persons	person	NNS
32027	103	38	who	who	WP
32027	103	39	desire	desire	VBP
32027	103	40	to	to	TO
32027	103	41	incorporate	incorporate	VB
32027	103	42	banks	bank	NNS
32027	103	43	can	can	MD
32027	103	44	secure	secure	VB
32027	103	45	charters	charter	NNS
32027	103	46	.	.	.
32027	104	1	In	in	IN
32027	104	2	federal	federal	JJ
32027	104	3	states	state	NNS
32027	104	4	,	,	,
32027	104	5	both	both	CC
32027	104	6	the	the	DT
32027	104	7	federal	federal	JJ
32027	104	8	government	government	NN
32027	104	9	and	and	CC
32027	104	10	the	the	DT
32027	104	11	governments	government	NNS
32027	104	12	of	of	IN
32027	104	13	the	the	DT
32027	104	14	constituent	constituent	NN
32027	104	15	states	state	NNS
32027	104	16	frequently	frequently	RB
32027	104	17	have	have	VBP
32027	104	18	and	and	CC
32027	104	19	exercise	exercise	VB
32027	104	20	the	the	DT
32027	104	21	right	right	NN
32027	104	22	to	to	TO
32027	104	23	incorporate	incorporate	VB
32027	104	24	banks	bank	NNS
32027	104	25	.	.	.
32027	105	1	In	in	IN
32027	105	2	the	the	DT
32027	105	3	United	United	NNP
32027	105	4	States	States	NNP
32027	105	5	,	,	,
32027	105	6	banks	bank	NNS
32027	105	7	incorporated	incorporate	VBN
32027	105	8	by	by	IN
32027	105	9	the	the	DT
32027	105	10	federal	federal	JJ
32027	105	11	government	government	NN
32027	105	12	under	under	IN
32027	105	13	the	the	DT
32027	105	14	terms	term	NNS
32027	105	15	of	of	IN
32027	105	16	a	a	DT
32027	105	17	general	general	JJ
32027	105	18	law	law	NN
32027	105	19	,	,	,
32027	105	20	originally	originally	RB
32027	105	21	passed	pass	VBN
32027	105	22	in	in	IN
32027	105	23	1863	1863	CD
32027	105	24	and	and	CC
32027	105	25	many	many	JJ
32027	105	26	times	time	NNS
32027	105	27	amended	amend	VBD
32027	105	28	since	since	IN
32027	105	29	that	that	DT
32027	105	30	date	date	NN
32027	105	31	,	,	,
32027	105	32	are	be	VBP
32027	105	33	known	know	VBN
32027	105	34	as	as	IN
32027	105	35	_	_	NNP
32027	105	36	national	national	JJ
32027	105	37	_	_	NNP
32027	105	38	banks	bank	NNS
32027	105	39	,	,	,
32027	105	40	and	and	CC
32027	105	41	those	those	DT
32027	105	42	incorporated	incorporate	VBN
32027	105	43	by	by	IN
32027	105	44	the	the	DT
32027	105	45	states	state	NNS
32027	105	46	under	under	IN
32027	105	47	the	the	DT
32027	105	48	terms	term	NNS
32027	105	49	of	of	IN
32027	105	50	general	general	JJ
32027	105	51	banking	banking	NN
32027	105	52	acts	act	NNS
32027	105	53	or	or	CC
32027	105	54	of	of	IN
32027	105	55	general	general	JJ
32027	105	56	incorporation	incorporation	NN
32027	105	57	laws	law	NNS
32027	105	58	are	be	VBP
32027	105	59	known	know	VBN
32027	105	60	as	as	IN
32027	105	61	_	_	NNP
32027	105	62	state	state	NN
32027	105	63	_	_	NNP
32027	105	64	banks	bank	NNS
32027	105	65	.	.	.
32027	106	1	These	these	DT
32027	106	2	latter	latter	JJ
32027	106	3	are	be	VBP
32027	106	4	endowed	endow	VBN
32027	106	5	with	with	IN
32027	106	6	privileges	privilege	NNS
32027	106	7	which	which	WDT
32027	106	8	enable	enable	VBP
32027	106	9	them	-PRON-	PRP
32027	106	10	to	to	TO
32027	106	11	exercise	exercise	VB
32027	106	12	commercial	commercial	JJ
32027	106	13	and	and	CC
32027	106	14	some	some	DT
32027	106	15	investment	investment	NN
32027	106	16	banking	banking	NN
32027	106	17	functions	function	NNS
32027	106	18	.	.	.
32027	107	1	Other	other	JJ
32027	107	2	banks	bank	NNS
32027	107	3	also	also	RB
32027	107	4	are	be	VBP
32027	107	5	incorporated	incorporate	VBN
32027	107	6	by	by	IN
32027	107	7	our	-PRON-	PRP$
32027	107	8	states	state	NNS
32027	107	9	under	under	IN
32027	107	10	the	the	DT
32027	107	11	terms	term	NNS
32027	107	12	of	of	IN
32027	107	13	general	general	JJ
32027	107	14	laws	law	NNS
32027	107	15	,	,	,
32027	107	16	which	which	WDT
32027	107	17	are	be	VBP
32027	107	18	known	know	VBN
32027	107	19	as	as	IN
32027	107	20	savings	saving	NNS
32027	107	21	banks	bank	NNS
32027	107	22	and	and	CC
32027	107	23	trust	trust	NN
32027	107	24	companies	company	NNS
32027	107	25	.	.	.
32027	108	1	The	the	DT
32027	108	2	former	former	JJ
32027	108	3	,	,	,
32027	108	4	as	as	IN
32027	108	5	the	the	DT
32027	108	6	name	name	NN
32027	108	7	implies	imply	VBZ
32027	108	8	,	,	,
32027	108	9	are	be	VBP
32027	108	10	institutions	institution	NNS
32027	108	11	primarily	primarily	RB
32027	108	12	designed	design	VBN
32027	108	13	for	for	IN
32027	108	14	the	the	DT
32027	108	15	encouragement	encouragement	NN
32027	108	16	,	,	,
32027	108	17	collection	collection	NN
32027	108	18	,	,	,
32027	108	19	and	and	CC
32027	108	20	investment	investment	NN
32027	108	21	of	of	IN
32027	108	22	savings	saving	NNS
32027	108	23	.	.	.
32027	109	1	The	the	DT
32027	109	2	latter	latter	JJ
32027	109	3	are	be	VBP
32027	109	4	called	call	VBN
32027	109	5	trust	trust	NN
32027	109	6	companies	company	NNS
32027	109	7	because	because	IN
32027	109	8	the	the	DT
32027	109	9	earliest	early	JJS
32027	109	10	institutions	institution	NNS
32027	109	11	of	of	IN
32027	109	12	this	this	DT
32027	109	13	type	type	NN
32027	109	14	made	make	VBD
32027	109	15	the	the	DT
32027	109	16	execution	execution	NN
32027	109	17	of	of	IN
32027	109	18	trusts	trust	NNS
32027	109	19	of	of	IN
32027	109	20	various	various	JJ
32027	109	21	kinds	kind	NNS
32027	109	22	their	-PRON-	PRP$
32027	109	23	exclusive	exclusive	JJ
32027	109	24	business	business	NN
32027	109	25	.	.	.
32027	110	1	Banking	banking	NN
32027	110	2	functions	function	NNS
32027	110	3	were	be	VBD
32027	110	4	later	later	RB
32027	110	5	added	add	VBN
32027	110	6	and	and	CC
32027	110	7	in	in	IN
32027	110	8	many	many	JJ
32027	110	9	cases	case	NNS
32027	110	10	have	have	VBP
32027	110	11	now	now	RB
32027	110	12	assumed	assume	VBN
32027	110	13	chief	chief	JJ
32027	110	14	importance	importance	NN
32027	110	15	.	.	.
32027	111	1	The	the	DT
32027	111	2	nature	nature	NN
32027	111	3	of	of	IN
32027	111	4	the	the	DT
32027	111	5	banking	banking	NN
32027	111	6	business	business	NN
32027	111	7	requires	require	VBZ
32027	111	8	some	some	DT
32027	111	9	kind	kind	NN
32027	111	10	of	of	IN
32027	111	11	organization	organization	NN
32027	111	12	of	of	IN
32027	111	13	the	the	DT
32027	111	14	individual	individual	JJ
32027	111	15	institutions	institution	NNS
32027	111	16	in	in	IN
32027	111	17	which	which	WDT
32027	111	18	certain	certain	JJ
32027	111	19	ones	one	NNS
32027	111	20	will	will	MD
32027	111	21	assume	assume	VB
32027	111	22	to	to	IN
32027	111	23	a	a	DT
32027	111	24	degree	degree	NN
32027	111	25	at	at	IN
32027	111	26	least	least	JJS
32027	111	27	the	the	DT
32027	111	28	rôle	rôle	NN
32027	111	29	of	of	IN
32027	111	30	bankers	banker	NNS
32027	111	31	'	'	POS
32027	111	32	banks	bank	NNS
32027	111	33	.	.	.
32027	112	1	In	in	IN
32027	112	2	most	most	JJS
32027	112	3	European	european	JJ
32027	112	4	countries	country	NNS
32027	112	5	this	this	DT
32027	112	6	position	position	NN
32027	112	7	is	be	VBZ
32027	112	8	occupied	occupy	VBN
32027	112	9	by	by	IN
32027	112	10	single	single	JJ
32027	112	11	institutions	institution	NNS
32027	112	12	specially	specially	RB
32027	112	13	chartered	charter	VBN
32027	112	14	and	and	CC
32027	112	15	endowed	endow	VBN
32027	112	16	with	with	IN
32027	112	17	special	special	JJ
32027	112	18	privileges	privilege	NNS
32027	112	19	and	and	CC
32027	112	20	usually	usually	RB
32027	112	21	described	describe	VBN
32027	112	22	as	as	IN
32027	112	23	central	central	JJ
32027	112	24	banks	bank	NNS
32027	112	25	.	.	.
32027	113	1	Examples	example	NNS
32027	113	2	are	be	VBP
32027	113	3	the	the	DT
32027	113	4	Bank	Bank	NNP
32027	113	5	of	of	IN
32027	113	6	England	England	NNP
32027	113	7	in	in	IN
32027	113	8	England	England	NNP
32027	113	9	,	,	,
32027	113	10	the	the	DT
32027	113	11	Bank	Bank	NNP
32027	113	12	of	of	IN
32027	113	13	France	France	NNP
32027	113	14	in	in	IN
32027	113	15	France	France	NNP
32027	113	16	,	,	,
32027	113	17	and	and	CC
32027	113	18	the	the	DT
32027	113	19	Imperial	Imperial	NNP
32027	113	20	Bank	Bank	NNP
32027	113	21	of	of	IN
32027	113	22	Germany	Germany	NNP
32027	113	23	in	in	IN
32027	113	24	Germany	Germany	NNP
32027	113	25	.	.	.
32027	114	1	Around	around	IN
32027	114	2	these	these	DT
32027	114	3	are	be	VBP
32027	114	4	grouped	group	VBN
32027	114	5	the	the	DT
32027	114	6	other	other	JJ
32027	114	7	institutions	institution	NNS
32027	114	8	in	in	IN
32027	114	9	a	a	DT
32027	114	10	kind	kind	NN
32027	114	11	of	of	IN
32027	114	12	hierarchy	hierarchy	NN
32027	114	13	,	,	,
32027	114	14	certain	certain	JJ
32027	114	15	large	large	JJ
32027	114	16	banks	bank	NNS
32027	114	17	in	in	IN
32027	114	18	the	the	DT
32027	114	19	larger	large	JJR
32027	114	20	cities	city	NNS
32027	114	21	forming	form	VBG
32027	114	22	centers	center	NNS
32027	114	23	about	about	IN
32027	114	24	which	which	WDT
32027	114	25	smaller	small	JJR
32027	114	26	institutions	institution	NNS
32027	114	27	group	group	VBP
32027	114	28	themselves	-PRON-	PRP
32027	114	29	.	.	.
32027	115	1	In	in	IN
32027	115	2	the	the	DT
32027	115	3	United	United	NNP
32027	115	4	States	States	NNP
32027	115	5	there	there	EX
32027	115	6	is	be	VBZ
32027	115	7	no	no	DT
32027	115	8	single	single	JJ
32027	115	9	central	central	JJ
32027	115	10	institution	institution	NN
32027	115	11	,	,	,
32027	115	12	but	but	CC
32027	115	13	a	a	DT
32027	115	14	small	small	JJ
32027	115	15	group	group	NN
32027	115	16	of	of	IN
32027	115	17	banks	bank	NNS
32027	115	18	in	in	IN
32027	115	19	New	New	NNP
32027	115	20	York	York	NNP
32027	115	21	City	City	NNP
32027	115	22	are	be	VBP
32027	115	23	the	the	DT
32027	115	24	real	real	JJ
32027	115	25	centers	center	NNS
32027	115	26	of	of	IN
32027	115	27	the	the	DT
32027	115	28	system	system	NN
32027	115	29	.	.	.
32027	116	1	Around	around	IN
32027	116	2	these	these	DT
32027	116	3	are	be	VBP
32027	116	4	grouped	group	VBN
32027	116	5	the	the	DT
32027	116	6	banks	bank	NNS
32027	116	7	in	in	IN
32027	116	8	the	the	DT
32027	116	9	other	other	JJ
32027	116	10	large	large	JJ
32027	116	11	cities	city	NNS
32027	116	12	of	of	IN
32027	116	13	the	the	DT
32027	116	14	country	country	NN
32027	116	15	and	and	CC
32027	116	16	these	these	DT
32027	116	17	in	in	IN
32027	116	18	turn	turn	NN
32027	116	19	perform	perform	VBP
32027	116	20	important	important	JJ
32027	116	21	services	service	NNS
32027	116	22	for	for	IN
32027	116	23	banks	bank	NNS
32027	116	24	in	in	IN
32027	116	25	the	the	DT
32027	116	26	surrounding	surround	VBG
32027	116	27	smaller	small	JJR
32027	116	28	towns	town	NNS
32027	116	29	and	and	CC
32027	116	30	country	country	NN
32027	116	31	districts	district	NNS
32027	116	32	.	.	.
32027	117	1	CHAPTER	CHAPTER	NNP
32027	117	2	II	II	NNP
32027	117	3	THE	the	DT
32027	117	4	NATURE	NATURE	NNS
32027	117	5	AND	and	CC
32027	117	6	OPERATIONS	operations	NN
32027	117	7	OF	of	IN
32027	117	8	COMMERCIAL	commercial	NN
32027	117	9	BANKING	banking	NN
32027	117	10	In	in	IN
32027	117	11	the	the	DT
32027	117	12	preceding	precede	VBG
32027	117	13	chapter	chapter	NN
32027	117	14	commercial	commercial	JJ
32027	117	15	banking	banking	NN
32027	117	16	has	have	VBZ
32027	117	17	been	be	VBN
32027	117	18	defined	define	VBN
32027	117	19	as	as	IN
32027	117	20	the	the	DT
32027	117	21	conduct	conduct	NN
32027	117	22	of	of	IN
32027	117	23	exchanges	exchange	NNS
32027	117	24	by	by	IN
32027	117	25	means	mean	NNS
32027	117	26	of	of	IN
32027	117	27	a	a	DT
32027	117	28	world	world	NN
32027	117	29	-	-	HYPH
32027	117	30	wide	wide	JJ
32027	117	31	process	process	NN
32027	117	32	of	of	IN
32027	117	33	bookkeeping	bookkeepe	VBG
32027	117	34	.	.	.
32027	118	1	We	-PRON-	PRP
32027	118	2	must	must	MD
32027	118	3	now	now	RB
32027	118	4	describe	describe	VB
32027	118	5	this	this	DT
32027	118	6	process	process	NN
32027	118	7	.	.	.
32027	119	1	Its	-PRON-	PRP$
32027	119	2	essential	essential	JJ
32027	119	3	features	feature	NNS
32027	119	4	are	be	VBP
32027	119	5	the	the	DT
32027	119	6	discount	discount	NN
32027	119	7	of	of	IN
32027	119	8	commercial	commercial	JJ
32027	119	9	paper	paper	NN
32027	119	10	,	,	,
32027	119	11	the	the	DT
32027	119	12	conduct	conduct	NN
32027	119	13	of	of	IN
32027	119	14	checking	check	VBG
32027	119	15	accounts	account	NNS
32027	119	16	,	,	,
32027	119	17	and	and	CC
32027	119	18	the	the	DT
32027	119	19	issue	issue	NN
32027	119	20	of	of	IN
32027	119	21	notes	note	NNS
32027	119	22	.	.	.
32027	120	1	_	_	NNP
32027	120	2	1	1	CD
32027	120	3	.	.	.
32027	121	1	Commercial	Commercial	NNP
32027	121	2	Paper	Paper	NNP
32027	121	3	_	_	NNP
32027	121	4	By	by	IN
32027	121	5	commercial	commercial	JJ
32027	121	6	paper	paper	NN
32027	121	7	is	be	VBZ
32027	121	8	meant	mean	VBN
32027	121	9	the	the	DT
32027	121	10	credit	credit	NN
32027	121	11	instruments	instrument	NNS
32027	121	12	or	or	CC
32027	121	13	documents	document	NNS
32027	121	14	which	which	WDT
32027	121	15	the	the	DT
32027	121	16	credit	credit	NN
32027	121	17	system	system	NN
32027	121	18	now	now	RB
32027	121	19	in	in	IN
32027	121	20	general	general	JJ
32027	121	21	use	use	NN
32027	121	22	throughout	throughout	IN
32027	121	23	the	the	DT
32027	121	24	commercial	commercial	JJ
32027	121	25	world	world	NN
32027	121	26	regularly	regularly	RB
32027	121	27	brings	bring	VBZ
32027	121	28	into	into	IN
32027	121	29	existence	existence	NN
32027	121	30	and	and	CC
32027	121	31	liquidates	liquidate	NNS
32027	121	32	.	.	.
32027	122	1	The	the	DT
32027	122	2	essence	essence	NN
32027	122	3	of	of	IN
32027	122	4	this	this	DT
32027	122	5	system	system	NN
32027	122	6	is	be	VBZ
32027	122	7	buying	buy	VBG
32027	122	8	and	and	CC
32027	122	9	selling	sell	VBG
32027	122	10	_	_	NNP
32027	122	11	on	on	IN
32027	122	12	time	time	NN
32027	122	13	_	_	NNP
32027	122	14	.	.	.
32027	123	1	The	the	DT
32027	123	2	farmer	farmer	NN
32027	123	3	buys	buy	VBZ
32027	123	4	seed	seed	NN
32027	123	5	,	,	,
32027	123	6	implements	implement	NNS
32027	123	7	,	,	,
32027	123	8	fertilizer	fertilizer	NN
32027	123	9	,	,	,
32027	123	10	labor	labor	NN
32027	123	11	,	,	,
32027	123	12	etc	etc	FW
32027	123	13	.	.	FW
32027	123	14	,	,	,
32027	123	15	and	and	CC
32027	123	16	pays	pay	VBZ
32027	123	17	for	for	IN
32027	123	18	them	-PRON-	PRP
32027	123	19	after	after	IN
32027	123	20	the	the	DT
32027	123	21	crops	crop	NNS
32027	123	22	have	have	VBP
32027	123	23	been	be	VBN
32027	123	24	harvested	harvest	VBN
32027	123	25	and	and	CC
32027	123	26	sold	sell	VBN
32027	123	27	.	.	.
32027	124	1	The	the	DT
32027	124	2	manufacturer	manufacturer	NN
32027	124	3	buys	buy	VBZ
32027	124	4	raw	raw	JJ
32027	124	5	materials	material	NNS
32027	124	6	and	and	CC
32027	124	7	pays	pay	VBZ
32027	124	8	for	for	IN
32027	124	9	them	-PRON-	PRP
32027	124	10	after	after	IN
32027	124	11	they	-PRON-	PRP
32027	124	12	have	have	VBP
32027	124	13	passed	pass	VBN
32027	124	14	through	through	IN
32027	124	15	the	the	DT
32027	124	16	transformation	transformation	NN
32027	124	17	process	process	NN
32027	124	18	which	which	WDT
32027	124	19	he	-PRON-	PRP
32027	124	20	conducts	conduct	VBZ
32027	124	21	and	and	CC
32027	124	22	the	the	DT
32027	124	23	completed	complete	VBN
32027	124	24	goods	good	NNS
32027	124	25	have	have	VBP
32027	124	26	been	be	VBN
32027	124	27	marketed	market	VBN
32027	124	28	.	.	.
32027	125	1	He	-PRON-	PRP
32027	125	2	frequently	frequently	RB
32027	125	3	sells	sell	VBZ
32027	125	4	them	-PRON-	PRP
32027	125	5	to	to	IN
32027	125	6	jobbers	jobber	NNS
32027	125	7	or	or	CC
32027	125	8	wholesalers	wholesaler	NNS
32027	125	9	on	on	IN
32027	125	10	time	time	NN
32027	125	11	and	and	CC
32027	125	12	these	these	DT
32027	125	13	in	in	IN
32027	125	14	turn	turn	NN
32027	125	15	sell	sell	VBP
32027	125	16	them	-PRON-	PRP
32027	125	17	on	on	IN
32027	125	18	time	time	NN
32027	125	19	to	to	IN
32027	125	20	retailers	retailer	NNS
32027	125	21	and	and	CC
32027	125	22	these	these	DT
32027	125	23	to	to	IN
32027	125	24	consumers	consumer	NNS
32027	125	25	.	.	.
32027	126	1	Farmers	farmer	NNS
32027	126	2	,	,	,
32027	126	3	manufacturers	manufacturer	NNS
32027	126	4	,	,	,
32027	126	5	and	and	CC
32027	126	6	merchants	merchant	NNS
32027	126	7	both	both	DT
32027	126	8	buy	buy	VBP
32027	126	9	on	on	IN
32027	126	10	time	time	NN
32027	126	11	and	and	CC
32027	126	12	sell	sell	VB
32027	126	13	on	on	IN
32027	126	14	time	time	NN
32027	126	15	,	,	,
32027	126	16	and	and	CC
32027	126	17	are	be	VBP
32027	126	18	thus	thus	RB
32027	126	19	both	both	DT
32027	126	20	debtors	debtor	NNS
32027	126	21	and	and	CC
32027	126	22	creditors	creditor	NNS
32027	126	23	,	,	,
32027	126	24	and	and	CC
32027	126	25	each	each	DT
32027	126	26	expects	expect	VBZ
32027	126	27	that	that	IN
32027	126	28	his	-PRON-	PRP$
32027	126	29	sales	sale	NNS
32027	126	30	will	will	MD
32027	126	31	ultimately	ultimately	RB
32027	126	32	pay	pay	VB
32027	126	33	for	for	IN
32027	126	34	his	-PRON-	PRP$
32027	126	35	purchases	purchase	NNS
32027	126	36	.	.	.
32027	127	1	The	the	DT
32027	127	2	obligations	obligation	NNS
32027	127	3	involved	involve	VBN
32027	127	4	in	in	IN
32027	127	5	these	these	DT
32027	127	6	transactions	transaction	NNS
32027	127	7	are	be	VBP
32027	127	8	represented	represent	VBN
32027	127	9	and	and	CC
32027	127	10	recorded	record	VBN
32027	127	11	in	in	IN
32027	127	12	the	the	DT
32027	127	13	form	form	NN
32027	127	14	of	of	IN
32027	127	15	book	book	NN
32027	127	16	accounts	account	NNS
32027	127	17	,	,	,
32027	127	18	promissory	promissory	JJ
32027	127	19	notes	note	NNS
32027	127	20	,	,	,
32027	127	21	or	or	CC
32027	127	22	bills	bill	NNS
32027	127	23	of	of	IN
32027	127	24	exchange	exchange	NN
32027	127	25	,	,	,
32027	127	26	the	the	DT
32027	127	27	latter	latter	JJ
32027	127	28	being	be	VBG
32027	127	29	written	write	VBN
32027	127	30	or	or	CC
32027	127	31	printed	print	VBN
32027	127	32	,	,	,
32027	127	33	or	or	CC
32027	127	34	partly	partly	RB
32027	127	35	written	write	VBN
32027	127	36	and	and	CC
32027	127	37	partly	partly	RB
32027	127	38	printed	print	VBN
32027	127	39	,	,	,
32027	127	40	orders	order	NNS
32027	127	41	of	of	IN
32027	127	42	creditors	creditor	NNS
32027	127	43	on	on	IN
32027	127	44	debtors	debtor	NNS
32027	127	45	to	to	TO
32027	127	46	pay	pay	VB
32027	127	47	to	to	IN
32027	127	48	themselves	-PRON-	PRP
32027	127	49	or	or	CC
32027	127	50	to	to	IN
32027	127	51	third	third	JJ
32027	127	52	parties	party	NNS
32027	127	53	the	the	DT
32027	127	54	sums	sum	NNS
32027	127	55	indicated	indicate	VBD
32027	127	56	.	.	.
32027	128	1	These	these	DT
32027	128	2	documents	document	NNS
32027	128	3	are	be	VBP
32027	128	4	being	be	VBG
32027	128	5	constantly	constantly	RB
32027	128	6	made	make	VBN
32027	128	7	and	and	CC
32027	128	8	constantly	constantly	RB
32027	128	9	paid	pay	VBN
32027	128	10	as	as	IN
32027	128	11	the	the	DT
32027	128	12	processes	process	NNS
32027	128	13	of	of	IN
32027	128	14	agriculture	agriculture	NN
32027	128	15	,	,	,
32027	128	16	industry	industry	NN
32027	128	17	,	,	,
32027	128	18	and	and	CC
32027	128	19	commerce	commerce	NN
32027	128	20	proceed	proceed	NN
32027	128	21	.	.	.
32027	129	1	Indeed	indeed	RB
32027	129	2	,	,	,
32027	129	3	their	-PRON-	PRP$
32027	129	4	creation	creation	NN
32027	129	5	and	and	CC
32027	129	6	liquidation	liquidation	NN
32027	129	7	is	be	VBZ
32027	129	8	a	a	DT
32027	129	9	normal	normal	JJ
32027	129	10	phenomenon	phenomenon	NN
32027	129	11	of	of	IN
32027	129	12	our	-PRON-	PRP$
32027	129	13	modern	modern	JJ
32027	129	14	economic	economic	JJ
32027	129	15	life	life	NN
32027	129	16	.	.	.
32027	130	1	The	the	DT
32027	130	2	term	term	NN
32027	130	3	commercial	commercial	JJ
32027	130	4	paper	paper	NN
32027	130	5	,	,	,
32027	130	6	as	as	IN
32027	130	7	we	-PRON-	PRP
32027	130	8	are	be	VBP
32027	130	9	using	use	VBG
32027	130	10	it	-PRON-	PRP
32027	130	11	,	,	,
32027	130	12	applies	apply	VBZ
32027	130	13	to	to	IN
32027	130	14	such	such	JJ
32027	130	15	promissory	promissory	JJ
32027	130	16	notes	note	NNS
32027	130	17	and	and	CC
32027	130	18	bills	bill	NNS
32027	130	19	of	of	IN
32027	130	20	exchange	exchange	NN
32027	130	21	as	as	IN
32027	130	22	belong	belong	VB
32027	130	23	to	to	IN
32027	130	24	this	this	DT
32027	130	25	credit	credit	NN
32027	130	26	system	system	NN
32027	130	27	.	.	.
32027	131	1	It	-PRON-	PRP
32027	131	2	does	do	VBZ
32027	131	3	not	not	RB
32027	131	4	apply	apply	VB
32027	131	5	to	to	IN
32027	131	6	such	such	JJ
32027	131	7	notes	note	NNS
32027	131	8	and	and	CC
32027	131	9	bills	bill	NNS
32027	131	10	when	when	WRB
32027	131	11	they	-PRON-	PRP
32027	131	12	owe	owe	VBP
32027	131	13	their	-PRON-	PRP$
32027	131	14	existence	existence	NN
32027	131	15	to	to	IN
32027	131	16	credit	credit	NN
32027	131	17	operations	operation	NNS
32027	131	18	of	of	IN
32027	131	19	a	a	DT
32027	131	20	different	different	JJ
32027	131	21	kind	kind	NN
32027	131	22	,	,	,
32027	131	23	such	such	JJ
32027	131	24	for	for	IN
32027	131	25	example	example	NN
32027	131	26	as	as	IN
32027	131	27	accommodation	accommodation	NN
32027	131	28	loans	loan	NNS
32027	131	29	or	or	CC
32027	131	30	investment	investment	NN
32027	131	31	operations	operation	NNS
32027	131	32	.	.	.
32027	132	1	Indeed	indeed	RB
32027	132	2	,	,	,
32027	132	3	the	the	DT
32027	132	4	essential	essential	JJ
32027	132	5	characteristic	characteristic	NN
32027	132	6	of	of	IN
32027	132	7	commercial	commercial	JJ
32027	132	8	paper	paper	NN
32027	132	9	is	be	VBZ
32027	132	10	not	not	RB
32027	132	11	revealed	reveal	VBN
32027	132	12	in	in	IN
32027	132	13	the	the	DT
32027	132	14	form	form	NN
32027	132	15	of	of	IN
32027	132	16	the	the	DT
32027	132	17	credit	credit	NN
32027	132	18	document	document	NN
32027	132	19	but	but	CC
32027	132	20	in	in	IN
32027	132	21	the	the	DT
32027	132	22	fact	fact	NN
32027	132	23	that	that	IN
32027	132	24	it	-PRON-	PRP
32027	132	25	is	be	VBZ
32027	132	26	a	a	DT
32027	132	27	link	link	NN
32027	132	28	in	in	IN
32027	132	29	this	this	DT
32027	132	30	chain	chain	NN
32027	132	31	of	of	IN
32027	132	32	exchange	exchange	NN
32027	132	33	operations	operation	NNS
32027	132	34	by	by	IN
32027	132	35	which	which	WDT
32027	132	36	modern	modern	JJ
32027	132	37	commerce	commerce	NN
32027	132	38	is	be	VBZ
32027	132	39	carried	carry	VBN
32027	132	40	on	on	RP
32027	132	41	.	.	.
32027	133	1	This	this	DT
32027	133	2	use	use	NN
32027	133	3	of	of	IN
32027	133	4	the	the	DT
32027	133	5	term	term	NN
32027	133	6	should	should	MD
32027	133	7	also	also	RB
32027	133	8	be	be	VB
32027	133	9	distinguished	distinguish	VBN
32027	133	10	from	from	IN
32027	133	11	the	the	DT
32027	133	12	one	one	CD
32027	133	13	common	common	JJ
32027	133	14	among	among	IN
32027	133	15	bankers	banker	NNS
32027	133	16	and	and	CC
32027	133	17	others	other	NNS
32027	133	18	.	.	.
32027	134	1	In	in	IN
32027	134	2	this	this	DT
32027	134	3	popular	popular	JJ
32027	134	4	usage	usage	NN
32027	134	5	these	these	DT
32027	134	6	documents	document	NNS
32027	134	7	are	be	VBP
32027	134	8	called	call	VBN
32027	134	9	commercial	commercial	JJ
32027	134	10	paper	paper	NN
32027	134	11	because	because	IN
32027	134	12	they	-PRON-	PRP
32027	134	13	are	be	VBP
32027	134	14	themselves	-PRON-	PRP
32027	134	15	objects	object	NNS
32027	134	16	of	of	IN
32027	134	17	commerce	commerce	NN
32027	134	18	.	.	.
32027	135	1	In	in	IN
32027	135	2	our	-PRON-	PRP$
32027	135	3	use	use	NN
32027	135	4	of	of	IN
32027	135	5	the	the	DT
32027	135	6	term	term	NN
32027	135	7	the	the	DT
32027	135	8	adjective	adjective	JJ
32027	135	9	"	"	``
32027	135	10	commercial	commercial	JJ
32027	135	11	"	"	''
32027	135	12	applies	apply	VBZ
32027	135	13	to	to	IN
32027	135	14	them	-PRON-	PRP
32027	135	15	only	only	RB
32027	135	16	when	when	WRB
32027	135	17	they	-PRON-	PRP
32027	135	18	play	play	VBP
32027	135	19	the	the	DT
32027	135	20	rôle	rôle	NN
32027	135	21	of	of	IN
32027	135	22	intermediary	intermediary	NN
32027	135	23	in	in	IN
32027	135	24	a	a	DT
32027	135	25	process	process	NN
32027	135	26	of	of	IN
32027	135	27	exchange	exchange	NN
32027	135	28	through	through	IN
32027	135	29	credit	credit	NN
32027	135	30	.	.	.
32027	136	1	In	in	IN
32027	136	2	this	this	DT
32027	136	3	sense	sense	NN
32027	136	4	it	-PRON-	PRP
32027	136	5	is	be	VBZ
32027	136	6	a	a	DT
32027	136	7	matter	matter	NN
32027	136	8	of	of	IN
32027	136	9	indifference	indifference	NN
32027	136	10	whether	whether	IN
32027	136	11	they	-PRON-	PRP
32027	136	12	pass	pass	VBP
32027	136	13	through	through	IN
32027	136	14	the	the	DT
32027	136	15	hands	hand	NNS
32027	136	16	of	of	IN
32027	136	17	brokers	broker	NNS
32027	136	18	or	or	CC
32027	136	19	not	not	RB
32027	136	20	,	,	,
32027	136	21	and	and	CC
32027	136	22	the	the	DT
32027	136	23	fact	fact	NN
32027	136	24	of	of	IN
32027	136	25	their	-PRON-	PRP$
32027	136	26	being	be	VBG
32027	136	27	objects	object	NNS
32027	136	28	of	of	IN
32027	136	29	purchase	purchase	NN
32027	136	30	and	and	CC
32027	136	31	sale	sale	NN
32027	136	32	does	do	VBZ
32027	136	33	not	not	RB
32027	136	34	confer	confer	VB
32027	136	35	the	the	DT
32027	136	36	quality	quality	NN
32027	136	37	of	of	IN
32027	136	38	commercial	commercial	JJ
32027	136	39	paper	paper	NN
32027	136	40	upon	upon	IN
32027	136	41	documents	document	NNS
32027	136	42	having	have	VBG
32027	136	43	an	an	DT
32027	136	44	origin	origin	NN
32027	136	45	and	and	CC
32027	136	46	character	character	NN
32027	136	47	other	other	JJ
32027	136	48	than	than	IN
32027	136	49	that	that	DT
32027	136	50	above	above	RB
32027	136	51	described	describe	VBN
32027	136	52	.	.	.
32027	137	1	_	_	NNP
32027	137	2	2	2	CD
32027	137	3	.	.	.
32027	138	1	The	the	DT
32027	138	2	Operation	Operation	NNP
32027	138	3	of	of	IN
32027	138	4	Discount	Discount	NNP
32027	138	5	_	_	NNP
32027	138	6	Every	every	DT
32027	138	7	person	person	NN
32027	138	8	in	in	IN
32027	138	9	this	this	DT
32027	138	10	chain	chain	NN
32027	138	11	of	of	IN
32027	138	12	credit	credit	NN
32027	138	13	is	be	VBZ
32027	138	14	confronted	confront	VBN
32027	138	15	with	with	IN
32027	138	16	the	the	DT
32027	138	17	problem	problem	NN
32027	138	18	of	of	IN
32027	138	19	paying	pay	VBG
32027	138	20	his	-PRON-	PRP$
32027	138	21	debts	debt	NNS
32027	138	22	as	as	IN
32027	138	23	they	-PRON-	PRP
32027	138	24	mature	mature	VBP
32027	138	25	by	by	IN
32027	138	26	the	the	DT
32027	138	27	use	use	NN
32027	138	28	of	of	IN
32027	138	29	the	the	DT
32027	138	30	amounts	amount	NNS
32027	138	31	due	due	JJ
32027	138	32	him	-PRON-	PRP
32027	138	33	from	from	IN
32027	138	34	other	other	JJ
32027	138	35	people	people	NNS
32027	138	36	.	.	.
32027	139	1	Since	since	IN
32027	139	2	it	-PRON-	PRP
32027	139	3	is	be	VBZ
32027	139	4	rarely	rarely	RB
32027	139	5	possible	possible	JJ
32027	139	6	to	to	TO
32027	139	7	arrange	arrange	VB
32027	139	8	maturities	maturity	NNS
32027	139	9	on	on	IN
32027	139	10	both	both	DT
32027	139	11	sides	side	NNS
32027	139	12	in	in	IN
32027	139	13	such	such	PDT
32027	139	14	a	a	DT
32027	139	15	way	way	NN
32027	139	16	that	that	WDT
32027	139	17	the	the	DT
32027	139	18	amounts	amount	NNS
32027	139	19	due	due	JJ
32027	139	20	to	to	TO
32027	139	21	be	be	VB
32027	139	22	paid	pay	VBN
32027	139	23	him	-PRON-	PRP
32027	139	24	at	at	IN
32027	139	25	a	a	DT
32027	139	26	given	give	VBN
32027	139	27	date	date	NN
32027	139	28	shall	shall	MD
32027	139	29	at	at	IN
32027	139	30	least	least	JJS
32027	139	31	equal	equal	JJ
32027	139	32	those	those	DT
32027	139	33	he	-PRON-	PRP
32027	139	34	is	be	VBZ
32027	139	35	due	due	JJ
32027	139	36	to	to	TO
32027	139	37	pay	pay	VB
32027	139	38	on	on	IN
32027	139	39	that	that	DT
32027	139	40	date	date	NN
32027	139	41	,	,	,
32027	139	42	some	some	DT
32027	139	43	means	mean	NNS
32027	139	44	of	of	IN
32027	139	45	transforming	transform	VBG
32027	139	46	claims	claim	NNS
32027	139	47	against	against	IN
32027	139	48	other	other	JJ
32027	139	49	people	people	NNS
32027	139	50	due	due	JJ
32027	139	51	in	in	IN
32027	139	52	the	the	DT
32027	139	53	future	future	NN
32027	139	54	into	into	IN
32027	139	55	present	present	JJ
32027	139	56	means	mean	NNS
32027	139	57	of	of	IN
32027	139	58	payment	payment	NN
32027	139	59	must	must	MD
32027	139	60	be	be	VB
32027	139	61	found	find	VBN
32027	139	62	.	.	.
32027	140	1	The	the	DT
32027	140	2	one	one	NN
32027	140	3	universally	universally	RB
32027	140	4	employed	employ	VBN
32027	140	5	is	be	VBZ
32027	140	6	the	the	DT
32027	140	7	discount	discount	NN
32027	140	8	of	of	IN
32027	140	9	commercial	commercial	JJ
32027	140	10	paper	paper	NN
32027	140	11	.	.	.
32027	141	1	By	by	IN
32027	141	2	this	this	DT
32027	141	3	is	be	VBZ
32027	141	4	meant	mean	VBN
32027	141	5	the	the	DT
32027	141	6	exchange	exchange	NN
32027	141	7	at	at	IN
32027	141	8	a	a	DT
32027	141	9	bank	bank	NN
32027	141	10	of	of	IN
32027	141	11	his	-PRON-	PRP$
32027	141	12	own	own	JJ
32027	141	13	promissory	promissory	JJ
32027	141	14	notes	note	NNS
32027	141	15	due	due	JJ
32027	141	16	at	at	IN
32027	141	17	times	time	NNS
32027	141	18	when	when	WRB
32027	141	19	debts	debt	NNS
32027	141	20	of	of	IN
32027	141	21	equal	equal	JJ
32027	141	22	or	or	CC
32027	141	23	greater	great	JJR
32027	141	24	amount	amount	NN
32027	141	25	due	due	JJ
32027	141	26	him	-PRON-	PRP
32027	141	27	mature	mature	VBP
32027	141	28	,	,	,
32027	141	29	or	or	CC
32027	141	30	of	of	IN
32027	141	31	bills	bill	NNS
32027	141	32	of	of	IN
32027	141	33	exchange	exchange	NN
32027	141	34	drawn	draw	VBN
32027	141	35	against	against	IN
32027	141	36	his	-PRON-	PRP$
32027	141	37	debtors	debtor	NNS
32027	141	38	,	,	,
32027	141	39	for	for	IN
32027	141	40	cash	cash	NN
32027	141	41	or	or	CC
32027	141	42	credits	credit	NNS
32027	141	43	on	on	IN
32027	141	44	a	a	DT
32027	141	45	checking	checking	NN
32027	141	46	account	account	NN
32027	141	47	.	.	.
32027	142	1	These	these	DT
32027	142	2	latter	latter	JJ
32027	142	3	are	be	VBP
32027	142	4	available	available	JJ
32027	142	5	as	as	IN
32027	142	6	means	mean	NNS
32027	142	7	of	of	IN
32027	142	8	payment	payment	NN
32027	142	9	at	at	IN
32027	142	10	any	any	DT
32027	142	11	time	time	NN
32027	142	12	.	.	.
32027	143	1	As	as	IN
32027	143	2	a	a	DT
32027	143	3	consideration	consideration	NN
32027	143	4	for	for	IN
32027	143	5	this	this	DT
32027	143	6	accommodation	accommodation	NN
32027	143	7	,	,	,
32027	143	8	the	the	DT
32027	143	9	bank	bank	NN
32027	143	10	charges	charge	VBZ
32027	143	11	interest	interest	NN
32027	143	12	for	for	IN
32027	143	13	the	the	DT
32027	143	14	period	period	NN
32027	143	15	intervening	intervene	VBG
32027	143	16	before	before	IN
32027	143	17	the	the	DT
32027	143	18	maturity	maturity	NN
32027	143	19	of	of	IN
32027	143	20	the	the	DT
32027	143	21	paper	paper	NN
32027	143	22	discounted	discount	VBD
32027	143	23	.	.	.
32027	144	1	Sometimes	sometimes	RB
32027	144	2	this	this	DT
32027	144	3	charge	charge	NN
32027	144	4	is	be	VBZ
32027	144	5	paid	pay	VBN
32027	144	6	at	at	IN
32027	144	7	the	the	DT
32027	144	8	time	time	NN
32027	144	9	the	the	DT
32027	144	10	paper	paper	NN
32027	144	11	is	be	VBZ
32027	144	12	purchased	purchase	VBN
32027	144	13	and	and	CC
32027	144	14	sometimes	sometimes	RB
32027	144	15	at	at	IN
32027	144	16	the	the	DT
32027	144	17	date	date	NN
32027	144	18	of	of	IN
32027	144	19	its	-PRON-	PRP$
32027	144	20	maturity	maturity	NN
32027	144	21	.	.	.
32027	145	1	The	the	DT
32027	145	2	term	term	NN
32027	145	3	"	"	``
32027	145	4	discount	discount	NN
32027	145	5	"	"	''
32027	145	6	technically	technically	RB
32027	145	7	means	mean	VBZ
32027	145	8	taking	take	VBG
32027	145	9	interest	interest	NN
32027	145	10	in	in	IN
32027	145	11	advance	advance	NN
32027	145	12	by	by	IN
32027	145	13	making	make	VBG
32027	145	14	available	available	JJ
32027	145	15	as	as	IN
32027	145	16	means	mean	NNS
32027	145	17	of	of	IN
32027	145	18	present	present	JJ
32027	145	19	payment	payment	NN
32027	145	20	in	in	IN
32027	145	21	any	any	DT
32027	145	22	of	of	IN
32027	145	23	the	the	DT
32027	145	24	above	above	RB
32027	145	25	mentioned	mention	VBN
32027	145	26	forms	form	NNS
32027	145	27	a	a	DT
32027	145	28	sum	sum	NN
32027	145	29	less	less	JJR
32027	145	30	than	than	IN
32027	145	31	the	the	DT
32027	145	32	amount	amount	NN
32027	145	33	the	the	DT
32027	145	34	bank	bank	NN
32027	145	35	expects	expect	VBZ
32027	145	36	to	to	TO
32027	145	37	collect	collect	VB
32027	145	38	at	at	IN
32027	145	39	the	the	DT
32027	145	40	date	date	NN
32027	145	41	of	of	IN
32027	145	42	the	the	DT
32027	145	43	maturity	maturity	NN
32027	145	44	of	of	IN
32027	145	45	the	the	DT
32027	145	46	discounted	discount	VBN
32027	145	47	paper	paper	NN
32027	145	48	.	.	.
32027	146	1	If	if	IN
32027	146	2	the	the	DT
32027	146	3	interest	interest	NN
32027	146	4	is	be	VBZ
32027	146	5	paid	pay	VBN
32027	146	6	when	when	WRB
32027	146	7	the	the	DT
32027	146	8	discounted	discount	VBN
32027	146	9	paper	paper	NN
32027	146	10	matures	mature	NNS
32027	146	11	,	,	,
32027	146	12	the	the	DT
32027	146	13	process	process	NN
32027	146	14	is	be	VBZ
32027	146	15	technically	technically	RB
32027	146	16	called	call	VBN
32027	146	17	a	a	DT
32027	146	18	loan	loan	NN
32027	146	19	.	.	.
32027	147	1	However	however	RB
32027	147	2	,	,	,
32027	147	3	since	since	IN
32027	147	4	the	the	DT
32027	147	5	time	time	NN
32027	147	6	of	of	IN
32027	147	7	collecting	collect	VBG
32027	147	8	interest	interest	NN
32027	147	9	makes	make	VBZ
32027	147	10	no	no	DT
32027	147	11	essential	essential	JJ
32027	147	12	difference	difference	NN
32027	147	13	in	in	IN
32027	147	14	the	the	DT
32027	147	15	nature	nature	NN
32027	147	16	of	of	IN
32027	147	17	the	the	DT
32027	147	18	transaction	transaction	NN
32027	147	19	,	,	,
32027	147	20	the	the	DT
32027	147	21	process	process	NN
32027	147	22	is	be	VBZ
32027	147	23	commonly	commonly	RB
32027	147	24	described	describe	VBN
32027	147	25	as	as	IN
32027	147	26	the	the	DT
32027	147	27	discount	discount	NN
32027	147	28	of	of	IN
32027	147	29	commercial	commercial	JJ
32027	147	30	paper	paper	NN
32027	147	31	,	,	,
32027	147	32	regardless	regardless	RB
32027	147	33	of	of	IN
32027	147	34	whether	whether	IN
32027	147	35	the	the	DT
32027	147	36	interest	interest	NN
32027	147	37	is	be	VBZ
32027	147	38	collected	collect	VBN
32027	147	39	in	in	IN
32027	147	40	advance	advance	NN
32027	147	41	or	or	CC
32027	147	42	not	not	RB
32027	147	43	.	.	.
32027	148	1	_	_	NNP
32027	148	2	3	3	CD
32027	148	3	.	.	.
32027	149	1	The	the	DT
32027	149	2	Conduct	conduct	NN
32027	149	3	of	of	IN
32027	149	4	Checking	check	VBG
32027	149	5	Accounts	Accounts	NNPS
32027	149	6	_	_	NNP
32027	149	7	A	a	DT
32027	149	8	checking	checking	NN
32027	149	9	account	account	NN
32027	149	10	is	be	VBZ
32027	149	11	an	an	DT
32027	149	12	ordinary	ordinary	JJ
32027	149	13	book	book	NN
32027	149	14	account	account	NN
32027	149	15	on	on	IN
32027	149	16	which	which	WDT
32027	149	17	are	be	VBP
32027	149	18	credited	credit	VBN
32027	149	19	the	the	DT
32027	149	20	cash	cash	NN
32027	149	21	deposited	deposit	VBN
32027	149	22	by	by	IN
32027	149	23	a	a	DT
32027	149	24	customer	customer	NN
32027	149	25	and	and	CC
32027	149	26	the	the	DT
32027	149	27	proceeds	proceed	NNS
32027	149	28	of	of	IN
32027	149	29	collections	collection	NNS
32027	149	30	,	,	,
32027	149	31	loans	loan	NNS
32027	149	32	,	,	,
32027	149	33	and	and	CC
32027	149	34	discounts	discount	NNS
32027	149	35	made	make	VBN
32027	149	36	on	on	IN
32027	149	37	his	-PRON-	PRP$
32027	149	38	behalf	behalf	NN
32027	149	39	,	,	,
32027	149	40	and	and	CC
32027	149	41	on	on	IN
32027	149	42	which	which	WDT
32027	149	43	are	be	VBP
32027	149	44	debited	debit	VBN
32027	149	45	payments	payment	NNS
32027	149	46	made	make	VBN
32027	149	47	to	to	IN
32027	149	48	him	-PRON-	PRP
32027	149	49	in	in	IN
32027	149	50	cash	cash	NN
32027	149	51	or	or	CC
32027	149	52	on	on	IN
32027	149	53	his	-PRON-	PRP$
32027	149	54	behalf	behalf	NN
32027	149	55	to	to	IN
32027	149	56	other	other	JJ
32027	149	57	people	people	NNS
32027	149	58	or	or	CC
32027	149	59	to	to	IN
32027	149	60	the	the	DT
32027	149	61	bank	bank	NN
32027	149	62	itself	-PRON-	PRP
32027	149	63	.	.	.
32027	150	1	These	these	DT
32027	150	2	payments	payment	NNS
32027	150	3	are	be	VBP
32027	150	4	made	make	VBN
32027	150	5	on	on	IN
32027	150	6	orders	order	NNS
32027	150	7	signed	sign	VBN
32027	150	8	by	by	IN
32027	150	9	the	the	DT
32027	150	10	customer	customer	NN
32027	150	11	and	and	CC
32027	150	12	known	know	VBN
32027	150	13	as	as	IN
32027	150	14	checks	check	NNS
32027	150	15	.	.	.
32027	151	1	The	the	DT
32027	151	2	ordinary	ordinary	JJ
32027	151	3	customer	customer	NN
32027	151	4	of	of	IN
32027	151	5	a	a	DT
32027	151	6	commercial	commercial	JJ
32027	151	7	bank	bank	NN
32027	151	8	every	every	DT
32027	151	9	day	day	NN
32027	151	10	brings	bring	VBZ
32027	151	11	to	to	IN
32027	151	12	the	the	DT
32027	151	13	bank	bank	NN
32027	151	14	the	the	DT
32027	151	15	cash	cash	NN
32027	151	16	he	-PRON-	PRP
32027	151	17	receives	receive	VBZ
32027	151	18	as	as	IN
32027	151	19	the	the	DT
32027	151	20	result	result	NN
32027	151	21	of	of	IN
32027	151	22	the	the	DT
32027	151	23	day	day	NN
32027	151	24	's	's	POS
32027	151	25	business	business	NN
32027	151	26	,	,	,
32027	151	27	and	and	CC
32027	151	28	the	the	DT
32027	151	29	checks	check	NNS
32027	151	30	received	receive	VBD
32027	151	31	,	,	,
32027	151	32	drawn	draw	VBN
32027	151	33	on	on	IN
32027	151	34	his	-PRON-	PRP$
32027	151	35	own	own	JJ
32027	151	36	and	and	CC
32027	151	37	other	other	JJ
32027	151	38	banks	bank	NNS
32027	151	39	,	,	,
32027	151	40	and	and	CC
32027	151	41	is	be	VBZ
32027	151	42	credited	credit	VBN
32027	151	43	with	with	IN
32027	151	44	the	the	DT
32027	151	45	amount	amount	NN
32027	151	46	on	on	IN
32027	151	47	the	the	DT
32027	151	48	books	book	NNS
32027	151	49	of	of	IN
32027	151	50	the	the	DT
32027	151	51	bank	bank	NN
32027	151	52	as	as	RB
32027	151	53	well	well	RB
32027	151	54	as	as	IN
32027	151	55	on	on	IN
32027	151	56	a	a	DT
32027	151	57	passbook	passbook	NN
32027	151	58	which	which	WDT
32027	151	59	he	-PRON-	PRP
32027	151	60	himself	-PRON-	PRP
32027	151	61	retains	retain	VBZ
32027	151	62	.	.	.
32027	152	1	If	if	IN
32027	152	2	he	-PRON-	PRP
32027	152	3	needs	need	VBZ
32027	152	4	cash	cash	NN
32027	152	5	during	during	IN
32027	152	6	the	the	DT
32027	152	7	day	day	NN
32027	152	8	,	,	,
32027	152	9	he	-PRON-	PRP
32027	152	10	presents	present	VBZ
32027	152	11	to	to	IN
32027	152	12	the	the	DT
32027	152	13	bank	bank	NN
32027	152	14	a	a	DT
32027	152	15	check	check	NN
32027	152	16	payable	payable	JJ
32027	152	17	to	to	IN
32027	152	18	himself	-PRON-	PRP
32027	152	19	for	for	IN
32027	152	20	the	the	DT
32027	152	21	amount	amount	NN
32027	152	22	needed	need	VBN
32027	152	23	,	,	,
32027	152	24	and	and	CC
32027	152	25	receives	receive	VBZ
32027	152	26	the	the	DT
32027	152	27	kinds	kind	NNS
32027	152	28	and	and	CC
32027	152	29	denominations	denomination	NNS
32027	152	30	wanted	want	VBD
32027	152	31	;	;	:
32027	152	32	and	and	CC
32027	152	33	if	if	IN
32027	152	34	he	-PRON-	PRP
32027	152	35	wants	want	VBZ
32027	152	36	to	to	TO
32027	152	37	make	make	VB
32027	152	38	payments	payment	NNS
32027	152	39	to	to	IN
32027	152	40	his	-PRON-	PRP$
32027	152	41	creditors	creditor	NNS
32027	152	42	in	in	IN
32027	152	43	other	other	JJ
32027	152	44	forms	form	NNS
32027	152	45	than	than	IN
32027	152	46	cash	cash	NN
32027	152	47	,	,	,
32027	152	48	he	-PRON-	PRP
32027	152	49	sends	send	VBZ
32027	152	50	them	-PRON-	PRP
32027	152	51	checks	check	NNS
32027	152	52	on	on	IN
32027	152	53	his	-PRON-	PRP$
32027	152	54	bank	bank	NN
32027	152	55	payable	payable	JJ
32027	152	56	to	to	IN
32027	152	57	their	-PRON-	PRP$
32027	152	58	order	order	NN
32027	152	59	,	,	,
32027	152	60	or	or	CC
32027	152	61	a	a	DT
32027	152	62	check	check	NN
32027	152	63	drawn	draw	VBN
32027	152	64	by	by	IN
32027	152	65	his	-PRON-	PRP$
32027	152	66	bank	bank	NN
32027	152	67	on	on	IN
32027	152	68	some	some	DT
32027	152	69	bank	bank	NN
32027	152	70	in	in	IN
32027	152	71	another	another	DT
32027	152	72	place	place	NN
32027	152	73	,	,	,
32027	152	74	usually	usually	RB
32027	152	75	called	call	VBD
32027	152	76	a	a	DT
32027	152	77	draft	draft	NN
32027	152	78	,	,	,
32027	152	79	which	which	WDT
32027	152	80	he	-PRON-	PRP
32027	152	81	has	have	VBZ
32027	152	82	obtained	obtain	VBN
32027	152	83	by	by	IN
32027	152	84	exchanging	exchange	VBG
32027	152	85	for	for	IN
32027	152	86	it	-PRON-	PRP
32027	152	87	a	a	DT
32027	152	88	check	check	NN
32027	152	89	drawn	draw	VBN
32027	152	90	to	to	IN
32027	152	91	the	the	DT
32027	152	92	order	order	NN
32027	152	93	of	of	IN
32027	152	94	his	-PRON-	PRP$
32027	152	95	bank	bank	NN
32027	152	96	.	.	.
32027	153	1	To	to	IN
32027	153	2	the	the	DT
32027	153	3	amount	amount	NN
32027	153	4	of	of	IN
32027	153	5	these	these	DT
32027	153	6	payments	payment	NNS
32027	153	7	his	-PRON-	PRP$
32027	153	8	account	account	NN
32027	153	9	at	at	IN
32027	153	10	the	the	DT
32027	153	11	bank	bank	NN
32027	153	12	is	be	VBZ
32027	153	13	debited	debited	JJ
32027	153	14	,	,	,
32027	153	15	and	and	CC
32027	153	16	from	from	IN
32027	153	17	time	time	NN
32027	153	18	to	to	TO
32027	153	19	time	time	NN
32027	153	20	his	-PRON-	PRP$
32027	153	21	passbook	passbook	NN
32027	153	22	is	be	VBZ
32027	153	23	left	leave	VBN
32027	153	24	at	at	IN
32027	153	25	the	the	DT
32027	153	26	bank	bank	NN
32027	153	27	for	for	IN
32027	153	28	the	the	DT
32027	153	29	entry	entry	NN
32027	153	30	therein	therein	RB
32027	153	31	of	of	IN
32027	153	32	the	the	DT
32027	153	33	debits	debit	NNS
32027	153	34	made	make	VBN
32027	153	35	to	to	IN
32027	153	36	date	date	NN
32027	153	37	and	and	CC
32027	153	38	its	-PRON-	PRP$
32027	153	39	subsequent	subsequent	JJ
32027	153	40	return	return	NN
32027	153	41	to	to	IN
32027	153	42	him	-PRON-	PRP
32027	153	43	.	.	.
32027	154	1	The	the	DT
32027	154	2	customer	customer	NN
32027	154	3	must	must	MD
32027	154	4	take	take	VB
32027	154	5	care	care	NN
32027	154	6	that	that	IN
32027	154	7	his	-PRON-	PRP$
32027	154	8	account	account	NN
32027	154	9	is	be	VBZ
32027	154	10	not	not	RB
32027	154	11	overdrawn	overdrawn	JJ
32027	154	12	,	,	,
32027	154	13	that	that	RB
32027	154	14	is	is	RB
32027	154	15	,	,	,
32027	154	16	that	that	IN
32027	154	17	the	the	DT
32027	154	18	debits	debit	NNS
32027	154	19	on	on	IN
32027	154	20	his	-PRON-	PRP$
32027	154	21	account	account	NN
32027	154	22	do	do	VBP
32027	154	23	not	not	RB
32027	154	24	exceed	exceed	VB
32027	154	25	the	the	DT
32027	154	26	credits	credit	NNS
32027	154	27	,	,	,
32027	154	28	since	since	IN
32027	154	29	overdrafts	overdraft	NNS
32027	154	30	,	,	,
32027	154	31	except	except	IN
32027	154	32	by	by	IN
32027	154	33	accident	accident	NN
32027	154	34	or	or	CC
32027	154	35	for	for	IN
32027	154	36	very	very	RB
32027	154	37	short	short	JJ
32027	154	38	periods	period	NNS
32027	154	39	and	and	CC
32027	154	40	small	small	JJ
32027	154	41	amounts	amount	NNS
32027	154	42	,	,	,
32027	154	43	are	be	VBP
32027	154	44	not	not	RB
32027	154	45	allowed	allow	VBN
32027	154	46	in	in	IN
32027	154	47	this	this	DT
32027	154	48	country	country	NN
32027	154	49	,	,	,
32027	154	50	and	and	CC
32027	154	51	in	in	IN
32027	154	52	other	other	JJ
32027	154	53	countries	country	NNS
32027	154	54	,	,	,
32027	154	55	where	where	WRB
32027	154	56	they	-PRON-	PRP
32027	154	57	are	be	VBP
32027	154	58	allowed	allow	VBN
32027	154	59	,	,	,
32027	154	60	they	-PRON-	PRP
32027	154	61	must	must	MD
32027	154	62	be	be	VB
32027	154	63	provided	provide	VBN
32027	154	64	for	for	IN
32027	154	65	in	in	IN
32027	154	66	advance	advance	NN
32027	154	67	by	by	IN
32027	154	68	a	a	DT
32027	154	69	special	special	JJ
32027	154	70	agreement	agreement	NN
32027	154	71	between	between	IN
32027	154	72	the	the	DT
32027	154	73	bank	bank	NN
32027	154	74	and	and	CC
32027	154	75	the	the	DT
32027	154	76	customer	customer	NN
32027	154	77	,	,	,
32027	154	78	which	which	WDT
32027	154	79	usually	usually	RB
32027	154	80	involves	involve	VBZ
32027	154	81	the	the	DT
32027	154	82	deposit	deposit	NN
32027	154	83	with	with	IN
32027	154	84	the	the	DT
32027	154	85	bank	bank	NNP
32027	154	86	of	of	IN
32027	154	87	ample	ample	NNP
32027	154	88	security	security	NN
32027	154	89	.	.	.
32027	155	1	In	in	IN
32027	155	2	order	order	NN
32027	155	3	to	to	TO
32027	155	4	avoid	avoid	VB
32027	155	5	overdrafts	overdraft	NNS
32027	155	6	,	,	,
32027	155	7	the	the	DT
32027	155	8	customer	customer	NN
32027	155	9	in	in	IN
32027	155	10	this	this	DT
32027	155	11	country	country	NN
32027	155	12	agrees	agree	VBZ
32027	155	13	with	with	IN
32027	155	14	his	-PRON-	PRP$
32027	155	15	banker	banker	NN
32027	155	16	on	on	IN
32027	155	17	what	what	WP
32027	155	18	is	be	VBZ
32027	155	19	known	know	VBN
32027	155	20	as	as	IN
32027	155	21	a	a	DT
32027	155	22	"	"	``
32027	155	23	line	line	NN
32027	155	24	,	,	,
32027	155	25	"	"	''
32027	155	26	that	that	RB
32027	155	27	is	is	RB
32027	155	28	,	,	,
32027	155	29	a	a	DT
32027	155	30	maximum	maximum	JJ
32027	155	31	amount	amount	NN
32027	155	32	of	of	IN
32027	155	33	loans	loan	NNS
32027	155	34	or	or	CC
32027	155	35	discounts	discount	NNS
32027	155	36	to	to	TO
32027	155	37	be	be	VB
32027	155	38	allowed	allow	VBN
32027	155	39	.	.	.
32027	156	1	Whenever	whenever	WRB
32027	156	2	his	-PRON-	PRP$
32027	156	3	credit	credit	NN
32027	156	4	balance	balance	NN
32027	156	5	falls	fall	VBZ
32027	156	6	to	to	IN
32027	156	7	a	a	DT
32027	156	8	certain	certain	JJ
32027	156	9	minimum	minimum	NN
32027	156	10	,	,	,
32027	156	11	also	also	RB
32027	156	12	established	establish	VBN
32027	156	13	by	by	IN
32027	156	14	agreement	agreement	NN
32027	156	15	with	with	IN
32027	156	16	the	the	DT
32027	156	17	bank	bank	NN
32027	156	18	,	,	,
32027	156	19	the	the	DT
32027	156	20	latter	latter	JJ
32027	156	21	discounts	discount	NNS
32027	156	22	for	for	IN
32027	156	23	him	-PRON-	PRP
32027	156	24	the	the	DT
32027	156	25	paper	paper	NN
32027	156	26	of	of	IN
32027	156	27	his	-PRON-	PRP$
32027	156	28	customers	customer	NNS
32027	156	29	,	,	,
32027	156	30	that	that	RB
32027	156	31	is	is	RB
32027	156	32	,	,	,
32027	156	33	bills	bill	NNS
32027	156	34	of	of	IN
32027	156	35	exchange	exchange	NN
32027	156	36	drawn	draw	VBN
32027	156	37	on	on	IN
32027	156	38	them	-PRON-	PRP
32027	156	39	or	or	CC
32027	156	40	their	-PRON-	PRP$
32027	156	41	promissory	promissory	JJ
32027	156	42	notes	note	NNS
32027	156	43	in	in	IN
32027	156	44	his	-PRON-	PRP$
32027	156	45	favor	favor	NN
32027	156	46	,	,	,
32027	156	47	or	or	CC
32027	156	48	his	-PRON-	PRP$
32027	156	49	own	own	JJ
32027	156	50	promissory	promissory	JJ
32027	156	51	notes	note	NNS
32027	156	52	.	.	.
32027	157	1	The	the	DT
32027	157	2	proceeds	proceed	NNS
32027	157	3	of	of	IN
32027	157	4	these	these	DT
32027	157	5	discounts	discount	NNS
32027	157	6	are	be	VBP
32027	157	7	credited	credit	VBN
32027	157	8	on	on	IN
32027	157	9	his	-PRON-	PRP$
32027	157	10	account	account	NN
32027	157	11	like	like	IN
32027	157	12	deposits	deposit	NNS
32027	157	13	of	of	IN
32027	157	14	cash	cash	NN
32027	157	15	or	or	CC
32027	157	16	of	of	IN
32027	157	17	checks	check	NNS
32027	157	18	for	for	IN
32027	157	19	collection	collection	NN
32027	157	20	.	.	.
32027	158	1	So	so	RB
32027	158	2	long	long	RB
32027	158	3	as	as	IN
32027	158	4	the	the	DT
32027	158	5	discounts	discount	NNS
32027	158	6	are	be	VBP
32027	158	7	confined	confine	VBN
32027	158	8	to	to	IN
32027	158	9	commercial	commercial	JJ
32027	158	10	paper	paper	NN
32027	158	11	the	the	DT
32027	158	12	bank	bank	NN
32027	158	13	's	's	POS
32027	158	14	part	part	NN
32027	158	15	in	in	IN
32027	158	16	these	these	DT
32027	158	17	transactions	transaction	NNS
32027	158	18	consists	consist	VBZ
32027	158	19	almost	almost	RB
32027	158	20	exclusively	exclusively	RB
32027	158	21	of	of	IN
32027	158	22	bookkeeping	bookkeepe	VBG
32027	158	23	between	between	IN
32027	158	24	its	-PRON-	PRP$
32027	158	25	customers	customer	NNS
32027	158	26	and	and	CC
32027	158	27	between	between	IN
32027	158	28	itself	-PRON-	PRP
32027	158	29	and	and	CC
32027	158	30	other	other	JJ
32027	158	31	banks	bank	NNS
32027	158	32	.	.	.
32027	159	1	Ordinarily	ordinarily	RB
32027	159	2	,	,	,
32027	159	3	what	what	WP
32027	159	4	is	be	VBZ
32027	159	5	debited	debited	JJ
32027	159	6	on	on	IN
32027	159	7	one	one	CD
32027	159	8	man	man	NN
32027	159	9	's	's	POS
32027	159	10	account	account	NN
32027	159	11	is	be	VBZ
32027	159	12	credited	credit	VBN
32027	159	13	on	on	IN
32027	159	14	another	another	DT
32027	159	15	's	's	NN
32027	159	16	,	,	,
32027	159	17	the	the	DT
32027	159	18	cash	cash	NN
32027	159	19	received	receive	VBD
32027	159	20	nearly	nearly	RB
32027	159	21	balancing	balance	VBG
32027	159	22	that	that	WDT
32027	159	23	paid	pay	VBD
32027	159	24	out	out	RP
32027	159	25	.	.	.
32027	160	1	To	to	IN
32027	160	2	the	the	DT
32027	160	3	extent	extent	NN
32027	160	4	that	that	IN
32027	160	5	the	the	DT
32027	160	6	cash	cash	NN
32027	160	7	receipts	receipt	NNS
32027	160	8	and	and	CC
32027	160	9	payments	payment	NNS
32027	160	10	do	do	VBP
32027	160	11	not	not	RB
32027	160	12	balance	balance	VB
32027	160	13	,	,	,
32027	160	14	the	the	DT
32027	160	15	bank	bank	NN
32027	160	16	either	either	RB
32027	160	17	has	have	VBZ
32027	160	18	a	a	DT
32027	160	19	surplus	surplus	NN
32027	160	20	or	or	CC
32027	160	21	is	be	VBZ
32027	160	22	obliged	oblige	VBN
32027	160	23	to	to	TO
32027	160	24	provide	provide	VB
32027	160	25	for	for	IN
32027	160	26	the	the	DT
32027	160	27	meeting	meeting	NN
32027	160	28	of	of	IN
32027	160	29	a	a	DT
32027	160	30	deficit	deficit	NN
32027	160	31	.	.	.
32027	161	1	The	the	DT
32027	161	2	means	mean	NNS
32027	161	3	available	available	JJ
32027	161	4	for	for	IN
32027	161	5	this	this	DT
32027	161	6	latter	latter	JJ
32027	161	7	purpose	purpose	NN
32027	161	8	will	will	MD
32027	161	9	be	be	VB
32027	161	10	explained	explain	VBN
32027	161	11	in	in	IN
32027	161	12	subsequent	subsequent	JJ
32027	161	13	sections	section	NNS
32027	161	14	,	,	,
32027	161	15	as	as	RB
32027	161	16	well	well	RB
32027	161	17	as	as	IN
32027	161	18	some	some	DT
32027	161	19	of	of	IN
32027	161	20	the	the	DT
32027	161	21	details	detail	NNS
32027	161	22	of	of	IN
32027	161	23	this	this	DT
32027	161	24	bookkeeping	bookkeeping	NN
32027	161	25	process	process	NN
32027	161	26	.	.	.
32027	162	1	For	for	IN
32027	162	2	the	the	DT
32027	162	3	present	present	NN
32027	162	4	it	-PRON-	PRP
32027	162	5	is	be	VBZ
32027	162	6	important	important	JJ
32027	162	7	to	to	TO
32027	162	8	note	note	VB
32027	162	9	precisely	precisely	RB
32027	162	10	how	how	WRB
32027	162	11	the	the	DT
32027	162	12	discount	discount	NN
32027	162	13	of	of	IN
32027	162	14	commercial	commercial	JJ
32027	162	15	paper	paper	NN
32027	162	16	is	be	VBZ
32027	162	17	related	relate	VBN
32027	162	18	to	to	IN
32027	162	19	this	this	DT
32027	162	20	bookkeeping	bookkeeping	NN
32027	162	21	process	process	NN
32027	162	22	.	.	.
32027	163	1	As	as	IN
32027	163	2	explained	explain	VBN
32027	163	3	in	in	IN
32027	163	4	Section	section	NN
32027	163	5	1	1	CD
32027	163	6	,	,	,
32027	163	7	commercial	commercial	JJ
32027	163	8	paper	paper	NN
32027	163	9	is	be	VBZ
32027	163	10	an	an	DT
32027	163	11	essential	essential	JJ
32027	163	12	part	part	NN
32027	163	13	of	of	IN
32027	163	14	the	the	DT
32027	163	15	process	process	NN
32027	163	16	of	of	IN
32027	163	17	exchanging	exchange	VBG
32027	163	18	goods	good	NNS
32027	163	19	through	through	IN
32027	163	20	credit	credit	NN
32027	163	21	.	.	.
32027	164	1	A	a	DT
32027	164	2	person	person	NN
32027	164	3	buys	buy	VBZ
32027	164	4	on	on	IN
32027	164	5	time	time	NN
32027	164	6	and	and	CC
32027	164	7	sells	sell	VBZ
32027	164	8	on	on	IN
32027	164	9	time	time	NN
32027	164	10	and	and	CC
32027	164	11	expects	expect	VBZ
32027	164	12	to	to	TO
32027	164	13	pay	pay	VB
32027	164	14	for	for	IN
32027	164	15	his	-PRON-	PRP$
32027	164	16	purchases	purchase	NNS
32027	164	17	by	by	IN
32027	164	18	the	the	DT
32027	164	19	proceeds	proceed	NNS
32027	164	20	of	of	IN
32027	164	21	his	-PRON-	PRP$
32027	164	22	sales	sale	NNS
32027	164	23	.	.	.
32027	165	1	So	so	RB
32027	165	2	long	long	RB
32027	165	3	,	,	,
32027	165	4	therefore	therefore	RB
32027	165	5	,	,	,
32027	165	6	as	as	IN
32027	165	7	the	the	DT
32027	165	8	processes	process	NNS
32027	165	9	of	of	IN
32027	165	10	commerce	commerce	NN
32027	165	11	and	and	CC
32027	165	12	industry	industry	NN
32027	165	13	proceed	proceed	VB
32027	165	14	in	in	IN
32027	165	15	a	a	DT
32027	165	16	normal	normal	JJ
32027	165	17	fashion	fashion	NN
32027	165	18	,	,	,
32027	165	19	the	the	DT
32027	165	20	paper	paper	NN
32027	165	21	discounted	discount	VBN
32027	165	22	by	by	IN
32027	165	23	a	a	DT
32027	165	24	bank	bank	NN
32027	165	25	will	will	MD
32027	165	26	be	be	VB
32027	165	27	paid	pay	VBN
32027	165	28	at	at	IN
32027	165	29	maturity	maturity	NN
32027	165	30	and	and	CC
32027	165	31	the	the	DT
32027	165	32	credit	credit	NN
32027	165	33	balance	balance	NN
32027	165	34	created	create	VBN
32027	165	35	by	by	IN
32027	165	36	means	mean	NNS
32027	165	37	of	of	IN
32027	165	38	such	such	JJ
32027	165	39	discounts	discount	NNS
32027	165	40	offset	offset	VBN
32027	165	41	by	by	IN
32027	165	42	corresponding	correspond	VBG
32027	165	43	debits	debit	NNS
32027	165	44	.	.	.
32027	166	1	Ordinarily	ordinarily	RB
32027	166	2	the	the	DT
32027	166	3	credits	credit	NNS
32027	166	4	created	create	VBD
32027	166	5	through	through	IN
32027	166	6	discounts	discount	NNS
32027	166	7	during	during	IN
32027	166	8	a	a	DT
32027	166	9	given	give	VBN
32027	166	10	period	period	NN
32027	166	11	,	,	,
32027	166	12	say	say	VBP
32027	166	13	a	a	DT
32027	166	14	day	day	NN
32027	166	15	or	or	CC
32027	166	16	a	a	DT
32027	166	17	week	week	NN
32027	166	18	,	,	,
32027	166	19	in	in	IN
32027	166	20	favor	favor	NN
32027	166	21	of	of	IN
32027	166	22	one	one	CD
32027	166	23	set	set	NN
32027	166	24	of	of	IN
32027	166	25	customers	customer	NNS
32027	166	26	will	will	MD
32027	166	27	be	be	VB
32027	166	28	balanced	balance	VBN
32027	166	29	during	during	IN
32027	166	30	this	this	DT
32027	166	31	same	same	JJ
32027	166	32	period	period	NN
32027	166	33	by	by	IN
32027	166	34	the	the	DT
32027	166	35	payment	payment	NN
32027	166	36	of	of	IN
32027	166	37	notes	note	NNS
32027	166	38	previously	previously	RB
32027	166	39	discounted	discount	VBN
32027	166	40	for	for	IN
32027	166	41	other	other	JJ
32027	166	42	customers	customer	NNS
32027	166	43	.	.	.
32027	167	1	Within	within	IN
32027	167	2	a	a	DT
32027	167	3	complete	complete	JJ
32027	167	4	trading	trading	NN
32027	167	5	area	area	NN
32027	167	6	this	this	DT
32027	167	7	is	be	VBZ
32027	167	8	certain	certain	JJ
32027	167	9	to	to	TO
32027	167	10	happen	happen	VB
32027	167	11	,	,	,
32027	167	12	since	since	IN
32027	167	13	purchases	purchase	NNS
32027	167	14	and	and	CC
32027	167	15	sales	sale	NNS
32027	167	16	of	of	IN
32027	167	17	goods	good	NNS
32027	167	18	are	be	VBP
32027	167	19	equal	equal	JJ
32027	167	20	and	and	CC
32027	167	21	what	what	WP
32027	167	22	is	be	VBZ
32027	167	23	credited	credit	VBN
32027	167	24	to	to	IN
32027	167	25	one	one	CD
32027	167	26	man	man	NN
32027	167	27	is	be	VBZ
32027	167	28	debited	debited	JJ
32027	167	29	to	to	IN
32027	167	30	another	another	DT
32027	167	31	.	.	.
32027	168	1	The	the	DT
32027	168	2	result	result	NN
32027	168	3	is	be	VBZ
32027	168	4	very	very	RB
32027	168	5	different	different	JJ
32027	168	6	if	if	IN
32027	168	7	a	a	DT
32027	168	8	bank	bank	NN
32027	168	9	discounts	discount	NNS
32027	168	10	investment	investment	NN
32027	168	11	paper	paper	NN
32027	168	12	,	,	,
32027	168	13	that	that	RB
32027	168	14	is	is	RB
32027	168	15	,	,	,
32027	168	16	credit	credit	NN
32027	168	17	documents	document	NNS
32027	168	18	which	which	WDT
32027	168	19	represent	represent	VBP
32027	168	20	the	the	DT
32027	168	21	unproductive	unproductive	JJ
32027	168	22	consumption	consumption	NN
32027	168	23	of	of	IN
32027	168	24	individuals	individual	NNS
32027	168	25	or	or	CC
32027	168	26	of	of	IN
32027	168	27	public	public	JJ
32027	168	28	and	and	CC
32027	168	29	private	private	JJ
32027	168	30	corporations	corporation	NNS
32027	168	31	,	,	,
32027	168	32	or	or	CC
32027	168	33	which	which	WDT
32027	168	34	represent	represent	VBP
32027	168	35	the	the	DT
32027	168	36	purchase	purchase	NN
32027	168	37	on	on	IN
32027	168	38	time	time	NN
32027	168	39	of	of	IN
32027	168	40	the	the	DT
32027	168	41	instruments	instrument	NNS
32027	168	42	of	of	IN
32027	168	43	production	production	NN
32027	168	44	rather	rather	RB
32027	168	45	than	than	IN
32027	168	46	the	the	DT
32027	168	47	production	production	NN
32027	168	48	of	of	IN
32027	168	49	goods	good	NNS
32027	168	50	through	through	IN
32027	168	51	the	the	DT
32027	168	52	use	use	NN
32027	168	53	of	of	IN
32027	168	54	such	such	JJ
32027	168	55	instruments	instrument	NNS
32027	168	56	and	and	CC
32027	168	57	their	-PRON-	PRP$
32027	168	58	transfer	transfer	NN
32027	168	59	from	from	IN
32027	168	60	the	the	DT
32027	168	61	producer	producer	NN
32027	168	62	to	to	IN
32027	168	63	the	the	DT
32027	168	64	consumer	consumer	NN
32027	168	65	.	.	.
32027	169	1	The	the	DT
32027	169	2	means	mean	NNS
32027	169	3	of	of	IN
32027	169	4	payment	payment	NN
32027	169	5	of	of	IN
32027	169	6	such	such	JJ
32027	169	7	documents	document	NNS
32027	169	8	can	can	MD
32027	169	9	only	only	RB
32027	169	10	be	be	VB
32027	169	11	created	create	VBN
32027	169	12	gradually	gradually	RB
32027	169	13	by	by	IN
32027	169	14	the	the	DT
32027	169	15	application	application	NN
32027	169	16	of	of	IN
32027	169	17	the	the	DT
32027	169	18	profits	profit	NNS
32027	169	19	of	of	IN
32027	169	20	the	the	DT
32027	169	21	enterprises	enterprise	NNS
32027	169	22	in	in	IN
32027	169	23	which	which	WDT
32027	169	24	the	the	DT
32027	169	25	investments	investment	NNS
32027	169	26	were	be	VBD
32027	169	27	made	make	VBN
32027	169	28	,	,	,
32027	169	29	or	or	CC
32027	169	30	by	by	IN
32027	169	31	taxes	taxis	NNS
32027	169	32	spread	spread	VBP
32027	169	33	over	over	IN
32027	169	34	a	a	DT
32027	169	35	series	series	NN
32027	169	36	of	of	IN
32027	169	37	years	year	NNS
32027	169	38	,	,	,
32027	169	39	or	or	CC
32027	169	40	by	by	IN
32027	169	41	a	a	DT
32027	169	42	slow	slow	JJ
32027	169	43	process	process	NN
32027	169	44	of	of	IN
32027	169	45	saving	save	VBG
32027	169	46	.	.	.
32027	170	1	If	if	IN
32027	170	2	a	a	DT
32027	170	3	bank	bank	NN
32027	170	4	issues	issue	VBZ
32027	170	5	its	-PRON-	PRP$
32027	170	6	own	own	JJ
32027	170	7	demand	demand	NN
32027	170	8	obligations	obligation	NNS
32027	170	9	in	in	IN
32027	170	10	exchange	exchange	NN
32027	170	11	for	for	IN
32027	170	12	such	such	JJ
32027	170	13	documents	document	NNS
32027	170	14	,	,	,
32027	170	15	it	-PRON-	PRP
32027	170	16	can	can	MD
32027	170	17	not	not	RB
32027	170	18	make	make	VB
32027	170	19	its	-PRON-	PRP$
32027	170	20	books	book	NNS
32027	170	21	balance	balance	NN
32027	170	22	and	and	CC
32027	170	23	it	-PRON-	PRP
32027	170	24	will	will	MD
32027	170	25	be	be	VB
32027	170	26	constantly	constantly	RB
32027	170	27	exposed	expose	VBN
32027	170	28	to	to	IN
32027	170	29	the	the	DT
32027	170	30	danger	danger	NN
32027	170	31	of	of	IN
32027	170	32	forced	force	VBN
32027	170	33	liquidation	liquidation	NN
32027	170	34	.	.	.
32027	171	1	If	if	IN
32027	171	2	it	-PRON-	PRP
32027	171	3	attempts	attempt	VBZ
32027	171	4	to	to	TO
32027	171	5	protect	protect	VB
32027	171	6	itself	-PRON-	PRP
32027	171	7	by	by	IN
32027	171	8	requiring	require	VBG
32027	171	9	that	that	IN
32027	171	10	the	the	DT
32027	171	11	discounted	discount	VBN
32027	171	12	paper	paper	NN
32027	171	13	shall	shall	MD
32027	171	14	mature	mature	VB
32027	171	15	in	in	IN
32027	171	16	a	a	DT
32027	171	17	short	short	JJ
32027	171	18	period	period	NN
32027	171	19	,	,	,
32027	171	20	the	the	DT
32027	171	21	necessity	necessity	NN
32027	171	22	of	of	IN
32027	171	23	liquidation	liquidation	NN
32027	171	24	will	will	MD
32027	171	25	be	be	VB
32027	171	26	forced	force	VBN
32027	171	27	upon	upon	IN
32027	171	28	customers	customer	NNS
32027	171	29	who	who	WP
32027	171	30	are	be	VBP
32027	171	31	responsible	responsible	JJ
32027	171	32	for	for	IN
32027	171	33	the	the	DT
32027	171	34	payment	payment	NN
32027	171	35	of	of	IN
32027	171	36	the	the	DT
32027	171	37	discounted	discounted	JJ
32027	171	38	paper	paper	NN
32027	171	39	;	;	:
32027	171	40	that	that	RB
32027	171	41	is	is	RB
32027	171	42	,	,	,
32027	171	43	such	such	JJ
32027	171	44	customers	customer	NNS
32027	171	45	will	will	MD
32027	171	46	be	be	VB
32027	171	47	obliged	oblige	VBN
32027	171	48	to	to	TO
32027	171	49	sell	sell	VB
32027	171	50	at	at	IN
32027	171	51	such	such	JJ
32027	171	52	prices	price	NNS
32027	171	53	as	as	IN
32027	171	54	they	-PRON-	PRP
32027	171	55	can	can	MD
32027	171	56	command	command	VB
32027	171	57	the	the	DT
32027	171	58	property	property	NN
32027	171	59	in	in	IN
32027	171	60	which	which	WDT
32027	171	61	the	the	DT
32027	171	62	investments	investment	NNS
32027	171	63	were	be	VBD
32027	171	64	made	make	VBN
32027	171	65	,	,	,
32027	171	66	or	or	CC
32027	171	67	some	some	DT
32027	171	68	other	other	JJ
32027	171	69	property	property	NN
32027	171	70	.	.	.
32027	172	1	Such	such	JJ
32027	172	2	liquidation	liquidation	NN
32027	172	3	always	always	RB
32027	172	4	results	result	VBZ
32027	172	5	in	in	IN
32027	172	6	forced	force	VBN
32027	172	7	readjustments	readjustment	NNS
32027	172	8	of	of	IN
32027	172	9	prices	price	NNS
32027	172	10	and	and	CC
32027	172	11	business	business	NN
32027	172	12	depression	depression	NN
32027	172	13	,	,	,
32027	172	14	and	and	CC
32027	172	15	sometimes	sometimes	RB
32027	172	16	in	in	IN
32027	172	17	commercial	commercial	JJ
32027	172	18	crises	crisis	NNS
32027	172	19	.	.	.
32027	173	1	_	_	NNP
32027	173	2	4	4	CD
32027	173	3	.	.	.
32027	174	1	The	the	DT
32027	174	2	Issue	issue	NN
32027	174	3	of	of	IN
32027	174	4	Notes	Notes	NNPS
32027	174	5	_	_	NNP
32027	174	6	As	as	IN
32027	174	7	an	an	DT
32027	174	8	alternative	alternative	NN
32027	174	9	for	for	IN
32027	174	10	or	or	CC
32027	174	11	a	a	DT
32027	174	12	supplement	supplement	NN
32027	174	13	to	to	IN
32027	174	14	the	the	DT
32027	174	15	conduct	conduct	NN
32027	174	16	of	of	IN
32027	174	17	checking	check	VBG
32027	174	18	accounts	account	NNS
32027	174	19	a	a	DT
32027	174	20	commercial	commercial	JJ
32027	174	21	bank	bank	NN
32027	174	22	may	may	MD
32027	174	23	issue	issue	VB
32027	174	24	its	-PRON-	PRP$
32027	174	25	promissory	promissory	JJ
32027	174	26	notes	note	NNS
32027	174	27	payable	payable	JJ
32027	174	28	to	to	IN
32027	174	29	bearer	bearer	NN
32027	174	30	on	on	IN
32027	174	31	demand	demand	NN
32027	174	32	.	.	.
32027	175	1	By	by	IN
32027	175	2	the	the	DT
32027	175	3	issue	issue	NN
32027	175	4	of	of	IN
32027	175	5	notes	note	NNS
32027	175	6	is	be	VBZ
32027	175	7	meant	mean	VBN
32027	175	8	their	-PRON-	PRP$
32027	175	9	transfer	transfer	NN
32027	175	10	to	to	IN
32027	175	11	customers	customer	NNS
32027	175	12	in	in	IN
32027	175	13	exchange	exchange	NN
32027	175	14	for	for	IN
32027	175	15	cash	cash	NN
32027	175	16	,	,	,
32027	175	17	for	for	IN
32027	175	18	checks	check	NNS
32027	175	19	left	leave	VBN
32027	175	20	for	for	IN
32027	175	21	collection	collection	NN
32027	175	22	or	or	CC
32027	175	23	drawn	draw	VBN
32027	175	24	against	against	IN
32027	175	25	a	a	DT
32027	175	26	credit	credit	NN
32027	175	27	balance	balance	NN
32027	175	28	in	in	IN
32027	175	29	a	a	DT
32027	175	30	checking	checking	NN
32027	175	31	account	account	NN
32027	175	32	,	,	,
32027	175	33	or	or	CC
32027	175	34	for	for	IN
32027	175	35	discounted	discount	VBN
32027	175	36	notes	note	NNS
32027	175	37	and	and	CC
32027	175	38	bills	bill	NNS
32027	175	39	.	.	.
32027	176	1	By	by	IN
32027	176	2	the	the	DT
32027	176	3	use	use	NN
32027	176	4	of	of	IN
32027	176	5	these	these	DT
32027	176	6	notes	note	NNS
32027	176	7	commercial	commercial	JJ
32027	176	8	banking	banking	NN
32027	176	9	can	can	MD
32027	176	10	be	be	VB
32027	176	11	carried	carry	VBN
32027	176	12	on	on	RP
32027	176	13	without	without	IN
32027	176	14	checking	check	VBG
32027	176	15	accounts	account	NNS
32027	176	16	.	.	.
32027	177	1	In	in	IN
32027	177	2	that	that	DT
32027	177	3	case	case	NN
32027	177	4	the	the	DT
32027	177	5	notes	note	NNS
32027	177	6	are	be	VBP
32027	177	7	issued	issue	VBN
32027	177	8	in	in	IN
32027	177	9	exchange	exchange	NN
32027	177	10	for	for	IN
32027	177	11	cash	cash	NN
32027	177	12	and	and	CC
32027	177	13	discounted	discount	VBN
32027	177	14	bills	bill	NNS
32027	177	15	,	,	,
32027	177	16	and	and	CC
32027	177	17	notes	note	NNS
32027	177	18	are	be	VBP
32027	177	19	returned	return	VBN
32027	177	20	to	to	IN
32027	177	21	the	the	DT
32027	177	22	bank	bank	NN
32027	177	23	in	in	IN
32027	177	24	exchange	exchange	NN
32027	177	25	for	for	IN
32027	177	26	cash	cash	NN
32027	177	27	or	or	CC
32027	177	28	when	when	WRB
32027	177	29	discounted	discount	VBN
32027	177	30	bills	bill	NNS
32027	177	31	or	or	CC
32027	177	32	notes	note	NNS
32027	177	33	mature	mature	VBP
32027	177	34	and	and	CC
32027	177	35	are	be	VBP
32027	177	36	paid	pay	VBN
32027	177	37	.	.	.
32027	178	1	In	in	IN
32027	178	2	the	the	DT
32027	178	3	bookkeeping	bookkeeping	NN
32027	178	4	process	process	NN
32027	178	5	which	which	WDT
32027	178	6	has	have	VBZ
32027	178	7	been	be	VBN
32027	178	8	described	describe	VBN
32027	178	9	bank	bank	NN
32027	178	10	notes	note	NNS
32027	178	11	thus	thus	RB
32027	178	12	issued	issue	VBD
32027	178	13	and	and	CC
32027	178	14	returned	return	VBN
32027	178	15	perform	perform	VBP
32027	178	16	precisely	precisely	RB
32027	178	17	the	the	DT
32027	178	18	same	same	JJ
32027	178	19	function	function	NN
32027	178	20	as	as	IN
32027	178	21	checking	checking	NN
32027	178	22	accounts	account	NNS
32027	178	23	,	,	,
32027	178	24	and	and	CC
32027	178	25	are	be	VBP
32027	178	26	related	relate	VBN
32027	178	27	to	to	IN
32027	178	28	the	the	DT
32027	178	29	discount	discount	NN
32027	178	30	of	of	IN
32027	178	31	commercial	commercial	JJ
32027	178	32	paper	paper	NN
32027	178	33	and	and	CC
32027	178	34	the	the	DT
32027	178	35	credit	credit	NN
32027	178	36	system	system	NN
32027	178	37	of	of	IN
32027	178	38	the	the	DT
32027	178	39	country	country	NN
32027	178	40	in	in	IN
32027	178	41	precisely	precisely	RB
32027	178	42	the	the	DT
32027	178	43	same	same	JJ
32027	178	44	manner	manner	NN
32027	178	45	as	as	IN
32027	178	46	such	such	JJ
32027	178	47	accounts	account	NNS
32027	178	48	.	.	.
32027	179	1	Most	Most	JJS
32027	179	2	banks	bank	NNS
32027	179	3	of	of	IN
32027	179	4	issue	issue	NN
32027	179	5	at	at	IN
32027	179	6	the	the	DT
32027	179	7	present	present	JJ
32027	179	8	time	time	NN
32027	179	9	conduct	conduct	NN
32027	179	10	checking	checking	NN
32027	179	11	accounts	account	NNS
32027	179	12	also	also	RB
32027	179	13	,	,	,
32027	179	14	using	use	VBG
32027	179	15	the	the	DT
32027	179	16	one	one	CD
32027	179	17	instrumentality	instrumentality	NN
32027	179	18	or	or	CC
32027	179	19	the	the	DT
32027	179	20	other	other	JJ
32027	179	21	as	as	IN
32027	179	22	their	-PRON-	PRP$
32027	179	23	customers	customer	NNS
32027	179	24	desire	desire	VBP
32027	179	25	.	.	.
32027	180	1	In	in	IN
32027	180	2	this	this	DT
32027	180	3	case	case	NN
32027	180	4	notes	note	NNS
32027	180	5	are	be	VBP
32027	180	6	issued	issue	VBN
32027	180	7	in	in	IN
32027	180	8	exchange	exchange	NN
32027	180	9	for	for	IN
32027	180	10	checks	check	NNS
32027	180	11	drawn	draw	VBN
32027	180	12	against	against	IN
32027	180	13	credit	credit	NN
32027	180	14	balances	balance	NNS
32027	180	15	on	on	IN
32027	180	16	checking	check	VBG
32027	180	17	accounts	account	NNS
32027	180	18	or	or	CC
32027	180	19	deposited	deposit	VBN
32027	180	20	for	for	IN
32027	180	21	collection	collection	NN
32027	180	22	as	as	RB
32027	180	23	well	well	RB
32027	180	24	as	as	IN
32027	180	25	in	in	IN
32027	180	26	exchange	exchange	NN
32027	180	27	for	for	IN
32027	180	28	discounted	discount	VBN
32027	180	29	notes	note	NNS
32027	180	30	and	and	CC
32027	180	31	bills	bill	NNS
32027	180	32	and	and	CC
32027	180	33	cash	cash	NN
32027	180	34	.	.	.
32027	181	1	By	by	IN
32027	181	2	the	the	DT
32027	181	3	use	use	NN
32027	181	4	of	of	IN
32027	181	5	both	both	DT
32027	181	6	notes	note	NNS
32027	181	7	and	and	CC
32027	181	8	checking	check	VBG
32027	181	9	accounts	account	NNS
32027	181	10	,	,	,
32027	181	11	a	a	DT
32027	181	12	bank	bank	NN
32027	181	13	can	can	MD
32027	181	14	supply	supply	VB
32027	181	15	most	most	JJS
32027	181	16	of	of	IN
32027	181	17	the	the	DT
32027	181	18	needs	need	NNS
32027	181	19	of	of	IN
32027	181	20	its	-PRON-	PRP$
32027	181	21	customers	customer	NNS
32027	181	22	for	for	IN
32027	181	23	a	a	DT
32027	181	24	circulating	circulate	VBG
32027	181	25	medium	medium	NN
32027	181	26	,	,	,
32027	181	27	the	the	DT
32027	181	28	notes	note	NNS
32027	181	29	serving	serve	VBG
32027	181	30	as	as	IN
32027	181	31	hand	hand	NN
32027	181	32	-	-	HYPH
32027	181	33	to	to	IN
32027	181	34	-	-	HYPH
32027	181	35	hand	hand	NN
32027	181	36	money	money	NN
32027	181	37	,	,	,
32027	181	38	and	and	CC
32027	181	39	the	the	DT
32027	181	40	checking	check	VBG
32027	181	41	accounts	account	NNS
32027	181	42	,	,	,
32027	181	43	practically	practically	RB
32027	181	44	all	all	DT
32027	181	45	other	other	JJ
32027	181	46	purposes	purpose	NNS
32027	181	47	.	.	.
32027	182	1	Being	be	VBG
32027	182	2	the	the	DT
32027	182	3	direct	direct	JJ
32027	182	4	obligations	obligation	NNS
32027	182	5	of	of	IN
32027	182	6	banks	bank	NNS
32027	182	7	attested	attest	VBN
32027	182	8	by	by	IN
32027	182	9	the	the	DT
32027	182	10	signatures	signature	NNS
32027	182	11	of	of	IN
32027	182	12	their	-PRON-	PRP$
32027	182	13	responsible	responsible	JJ
32027	182	14	officers	officer	NNS
32027	182	15	,	,	,
32027	182	16	and	and	CC
32027	182	17	being	be	VBG
32027	182	18	payable	payable	JJ
32027	182	19	to	to	IN
32027	182	20	bearer	bearer	NN
32027	182	21	on	on	IN
32027	182	22	demand	demand	NN
32027	182	23	and	and	CC
32027	182	24	capable	capable	JJ
32027	182	25	of	of	IN
32027	182	26	being	be	VBG
32027	182	27	issued	issue	VBN
32027	182	28	in	in	IN
32027	182	29	all	all	DT
32027	182	30	necessary	necessary	JJ
32027	182	31	denominations	denomination	NNS
32027	182	32	,	,	,
32027	182	33	such	such	JJ
32027	182	34	notes	note	NNS
32027	182	35	can	can	MD
32027	182	36	be	be	VB
32027	182	37	transferred	transfer	VBN
32027	182	38	without	without	IN
32027	182	39	indorsement	indorsement	NN
32027	182	40	,	,	,
32027	182	41	can	can	MD
32027	182	42	be	be	VB
32027	182	43	used	use	VBN
32027	182	44	for	for	IN
32027	182	45	making	make	VBG
32027	182	46	change	change	NN
32027	182	47	and	and	CC
32027	182	48	payments	payment	NNS
32027	182	49	of	of	IN
32027	182	50	small	small	JJ
32027	182	51	and	and	CC
32027	182	52	moderate	moderate	JJ
32027	182	53	size	size	NN
32027	182	54	for	for	IN
32027	182	55	which	which	WDT
32027	182	56	checks	check	NNS
32027	182	57	are	be	VBP
32027	182	58	not	not	RB
32027	182	59	convenient	convenient	JJ
32027	182	60	,	,	,
32027	182	61	and	and	CC
32027	182	62	they	-PRON-	PRP
32027	182	63	do	do	VBP
32027	182	64	not	not	RB
32027	182	65	need	need	VB
32027	182	66	to	to	TO
32027	182	67	be	be	VB
32027	182	68	presented	present	VBN
32027	182	69	at	at	IN
32027	182	70	a	a	DT
32027	182	71	bank	bank	NN
32027	182	72	for	for	IN
32027	182	73	the	the	DT
32027	182	74	test	test	NN
32027	182	75	of	of	IN
32027	182	76	their	-PRON-	PRP$
32027	182	77	validity	validity	NN
32027	182	78	.	.	.
32027	183	1	If	if	IN
32027	183	2	the	the	DT
32027	183	3	bank	bank	NN
32027	183	4	or	or	CC
32027	183	5	banks	bank	NNS
32027	183	6	which	which	WDT
32027	183	7	issue	issue	VBP
32027	183	8	them	-PRON-	PRP
32027	183	9	are	be	VBP
32027	183	10	properly	properly	RB
32027	183	11	conducted	conduct	VBN
32027	183	12	and	and	CC
32027	183	13	supervised	supervise	VBN
32027	183	14	and	and	CC
32027	183	15	properly	properly	RB
32027	183	16	safeguarded	safeguard	VBN
32027	183	17	by	by	IN
32027	183	18	law	law	NN
32027	183	19	,	,	,
32027	183	20	such	such	JJ
32027	183	21	notes	note	NNS
32027	183	22	will	will	MD
32027	183	23	circulate	circulate	VB
32027	183	24	freely	freely	RB
32027	183	25	through	through	IN
32027	183	26	the	the	DT
32027	183	27	length	length	NN
32027	183	28	and	and	CC
32027	183	29	breadth	breadth	NN
32027	183	30	of	of	IN
32027	183	31	a	a	DT
32027	183	32	country	country	NN
32027	183	33	.	.	.
32027	184	1	Checking	check	VBG
32027	184	2	accounts	account	NNS
32027	184	3	meet	meet	VBP
32027	184	4	in	in	IN
32027	184	5	the	the	DT
32027	184	6	most	most	RBS
32027	184	7	satisfactory	satisfactory	JJ
32027	184	8	manner	manner	NN
32027	184	9	all	all	DT
32027	184	10	currency	currency	NN
32027	184	11	needs	need	VBZ
32027	184	12	for	for	IN
32027	184	13	which	which	WDT
32027	184	14	hand	hand	NN
32027	184	15	-	-	HYPH
32027	184	16	to	to	IN
32027	184	17	-	-	HYPH
32027	184	18	hand	hand	NN
32027	184	19	money	money	NN
32027	184	20	is	be	VBZ
32027	184	21	not	not	RB
32027	184	22	well	well	RB
32027	184	23	adapted	adapt	VBN
32027	184	24	,	,	,
32027	184	25	such	such	JJ
32027	184	26	as	as	IN
32027	184	27	large	large	JJ
32027	184	28	payments	payment	NNS
32027	184	29	and	and	CC
32027	184	30	payments	payment	NNS
32027	184	31	at	at	IN
32027	184	32	a	a	DT
32027	184	33	distance	distance	NN
32027	184	34	.	.	.
32027	185	1	With	with	IN
32027	185	2	a	a	DT
32027	185	3	few	few	JJ
32027	185	4	strokes	stroke	NNS
32027	185	5	of	of	IN
32027	185	6	a	a	DT
32027	185	7	pen	pen	NN
32027	185	8	payments	payment	NNS
32027	185	9	of	of	IN
32027	185	10	the	the	DT
32027	185	11	greatest	great	JJS
32027	185	12	magnitude	magnitude	NN
32027	185	13	can	can	MD
32027	185	14	be	be	VB
32027	185	15	made	make	VBN
32027	185	16	through	through	IN
32027	185	17	their	-PRON-	PRP$
32027	185	18	agency	agency	NN
32027	185	19	.	.	.
32027	186	1	Checks	check	NNS
32027	186	2	can	can	MD
32027	186	3	be	be	VB
32027	186	4	sent	send	VBN
32027	186	5	through	through	IN
32027	186	6	the	the	DT
32027	186	7	mails	mail	NNS
32027	186	8	at	at	IN
32027	186	9	slight	slight	JJ
32027	186	10	expense	expense	NN
32027	186	11	and	and	CC
32027	186	12	without	without	IN
32027	186	13	danger	danger	NN
32027	186	14	of	of	IN
32027	186	15	loss	loss	NN
32027	186	16	of	of	IN
32027	186	17	the	the	DT
32027	186	18	amount	amount	NN
32027	186	19	involved	involve	VBN
32027	186	20	.	.	.
32027	187	1	By	by	IN
32027	187	2	the	the	DT
32027	187	3	devices	device	NNS
32027	187	4	known	know	VBN
32027	187	5	as	as	IN
32027	187	6	travelers	traveler	NNS
32027	187	7	'	'	POS
32027	187	8	and	and	CC
32027	187	9	commercial	commercial	JJ
32027	187	10	letters	letter	NNS
32027	187	11	of	of	IN
32027	187	12	credit	credit	NN
32027	187	13	,	,	,
32027	187	14	checking	checking	NN
32027	187	15	accounts	account	NNS
32027	187	16	supply	supply	VBP
32027	187	17	the	the	DT
32027	187	18	most	most	RBS
32027	187	19	convenient	convenient	JJ
32027	187	20	form	form	NN
32027	187	21	of	of	IN
32027	187	22	currency	currency	NN
32027	187	23	for	for	IN
32027	187	24	travelers	traveler	NNS
32027	187	25	and	and	CC
32027	187	26	for	for	IN
32027	187	27	merchants	merchant	NNS
32027	187	28	engaged	engage	VBN
32027	187	29	in	in	IN
32027	187	30	foreign	foreign	JJ
32027	187	31	trade	trade	NN
32027	187	32	.	.	.
32027	188	1	Besides	besides	IN
32027	188	2	bank	bank	NN
32027	188	3	notes	note	NNS
32027	188	4	and	and	CC
32027	188	5	checking	check	VBG
32027	188	6	accounts	account	NNS
32027	188	7	the	the	DT
32027	188	8	only	only	JJ
32027	188	9	forms	form	NNS
32027	188	10	of	of	IN
32027	188	11	currency	currency	NN
32027	188	12	needed	need	VBN
32027	188	13	in	in	IN
32027	188	14	any	any	DT
32027	188	15	community	community	NN
32027	188	16	are	be	VBP
32027	188	17	standard	standard	JJ
32027	188	18	and	and	CC
32027	188	19	subsidiary	subsidiary	NN
32027	188	20	coins	coin	NNS
32027	188	21	,	,	,
32027	188	22	the	the	DT
32027	188	23	former	former	JJ
32027	188	24	for	for	IN
32027	188	25	use	use	NN
32027	188	26	as	as	IN
32027	188	27	ultimate	ultimate	JJ
32027	188	28	redemption	redemption	NN
32027	188	29	material	material	NN
32027	188	30	for	for	IN
32027	188	31	all	all	DT
32027	188	32	other	other	JJ
32027	188	33	forms	form	NNS
32027	188	34	of	of	IN
32027	188	35	currency	currency	NN
32027	188	36	and	and	CC
32027	188	37	for	for	IN
32027	188	38	the	the	DT
32027	188	39	payment	payment	NN
32027	188	40	of	of	IN
32027	188	41	international	international	JJ
32027	188	42	and	and	CC
32027	188	43	other	other	JJ
32027	188	44	balances	balance	NNS
32027	188	45	,	,	,
32027	188	46	and	and	CC
32027	188	47	the	the	DT
32027	188	48	latter	latter	JJ
32027	188	49	for	for	IN
32027	188	50	small	small	JJ
32027	188	51	change	change	NN
32027	188	52	.	.	.
32027	189	1	Even	even	RB
32027	189	2	these	these	DT
32027	189	3	forms	form	NNS
32027	189	4	of	of	IN
32027	189	5	currency	currency	NN
32027	189	6	are	be	VBP
32027	189	7	supplied	supply	VBN
32027	189	8	by	by	IN
32027	189	9	commercial	commercial	JJ
32027	189	10	banks	bank	NNS
32027	189	11	,	,	,
32027	189	12	but	but	CC
32027	189	13	since	since	IN
32027	189	14	they	-PRON-	PRP
32027	189	15	do	do	VBP
32027	189	16	not	not	RB
32027	189	17	create	create	VB
32027	189	18	them	-PRON-	PRP
32027	189	19	,	,	,
32027	189	20	ways	way	NNS
32027	189	21	and	and	CC
32027	189	22	means	mean	NNS
32027	189	23	of	of	IN
32027	189	24	procuring	procure	VBG
32027	189	25	them	-PRON-	PRP
32027	189	26	in	in	IN
32027	189	27	the	the	DT
32027	189	28	quantities	quantity	NNS
32027	189	29	needed	need	VBN
32027	189	30	constitute	constitute	VBP
32027	189	31	one	one	CD
32027	189	32	of	of	IN
32027	189	33	their	-PRON-	PRP$
32027	189	34	peculiar	peculiar	JJ
32027	189	35	problems	problem	NNS
32027	189	36	.	.	.
32027	190	1	_	_	NNP
32027	190	2	5	5	CD
32027	190	3	.	.	.
32027	191	1	Collections	collection	NNS
32027	191	2	_	_	NNP
32027	191	3	One	one	CD
32027	191	4	of	of	IN
32027	191	5	the	the	DT
32027	191	6	most	most	RBS
32027	191	7	important	important	JJ
32027	191	8	functions	function	NNS
32027	191	9	of	of	IN
32027	191	10	commercial	commercial	JJ
32027	191	11	banks	bank	NNS
32027	191	12	is	be	VBZ
32027	191	13	the	the	DT
32027	191	14	collection	collection	NN
32027	191	15	for	for	IN
32027	191	16	their	-PRON-	PRP$
32027	191	17	customers	customer	NNS
32027	191	18	of	of	IN
32027	191	19	checks	check	NNS
32027	191	20	and	and	CC
32027	191	21	drafts	draft	NNS
32027	191	22	drawn	draw	VBN
32027	191	23	on	on	IN
32027	191	24	other	other	JJ
32027	191	25	institutions	institution	NNS
32027	191	26	.	.	.
32027	192	1	When	when	WRB
32027	192	2	these	these	DT
32027	192	3	documents	document	NNS
32027	192	4	are	be	VBP
32027	192	5	received	receive	VBN
32027	192	6	,	,	,
32027	192	7	the	the	DT
32027	192	8	accounts	account	NNS
32027	192	9	of	of	IN
32027	192	10	customers	customer	NNS
32027	192	11	who	who	WP
32027	192	12	deposited	deposit	VBD
32027	192	13	them	-PRON-	PRP
32027	192	14	are	be	VBP
32027	192	15	credited	credit	VBN
32027	192	16	with	with	IN
32027	192	17	the	the	DT
32027	192	18	amounts	amount	NNS
32027	192	19	,	,	,
32027	192	20	less	less	RBR
32027	192	21	a	a	DT
32027	192	22	small	small	JJ
32027	192	23	fee	fee	NN
32027	192	24	for	for	IN
32027	192	25	collection	collection	NN
32027	192	26	,	,	,
32027	192	27	unless	unless	IN
32027	192	28	by	by	IN
32027	192	29	agreement	agreement	NN
32027	192	30	this	this	DT
32027	192	31	service	service	NN
32027	192	32	of	of	IN
32027	192	33	collection	collection	NN
32027	192	34	is	be	VBZ
32027	192	35	performed	perform	VBN
32027	192	36	free	free	JJ
32027	192	37	of	of	IN
32027	192	38	charge	charge	NN
32027	192	39	.	.	.
32027	193	1	The	the	DT
32027	193	2	checks	check	NNS
32027	193	3	are	be	VBP
32027	193	4	then	then	RB
32027	193	5	assorted	assort	VBN
32027	193	6	according	accord	VBG
32027	193	7	to	to	IN
32027	193	8	the	the	DT
32027	193	9	banks	bank	NNS
32027	193	10	upon	upon	IN
32027	193	11	which	which	WDT
32027	193	12	they	-PRON-	PRP
32027	193	13	are	be	VBP
32027	193	14	drawn	draw	VBN
32027	193	15	and	and	CC
32027	193	16	the	the	DT
32027	193	17	cities	city	NNS
32027	193	18	in	in	IN
32027	193	19	which	which	WDT
32027	193	20	those	those	DT
32027	193	21	banks	bank	NNS
32027	193	22	are	be	VBP
32027	193	23	located	locate	VBN
32027	193	24	.	.	.
32027	194	1	Checks	check	NNS
32027	194	2	drawn	draw	VBN
32027	194	3	upon	upon	IN
32027	194	4	home	home	NN
32027	194	5	banks	bank	NNS
32027	194	6	are	be	VBP
32027	194	7	collected	collect	VBN
32027	194	8	either	either	CC
32027	194	9	through	through	IN
32027	194	10	messengers	messenger	NNS
32027	194	11	who	who	WP
32027	194	12	present	present	VBP
32027	194	13	the	the	DT
32027	194	14	checks	check	NNS
32027	194	15	at	at	IN
32027	194	16	the	the	DT
32027	194	17	counters	counter	NNS
32027	194	18	of	of	IN
32027	194	19	the	the	DT
32027	194	20	banks	bank	NNS
32027	194	21	upon	upon	IN
32027	194	22	which	which	WDT
32027	194	23	they	-PRON-	PRP
32027	194	24	are	be	VBP
32027	194	25	drawn	draw	VBN
32027	194	26	and	and	CC
32027	194	27	secure	secure	JJ
32027	194	28	payment	payment	NN
32027	194	29	therefor	therefor	IN
32027	194	30	,	,	,
32027	194	31	or	or	CC
32027	194	32	through	through	IN
32027	194	33	the	the	DT
32027	194	34	local	local	JJ
32027	194	35	clearing	clearing	NN
32027	194	36	house	house	NN
32027	194	37	.	.	.
32027	195	1	This	this	DT
32027	195	2	is	be	VBZ
32027	195	3	a	a	DT
32027	195	4	place	place	NN
32027	195	5	where	where	WRB
32027	195	6	representatives	representative	NNS
32027	195	7	of	of	IN
32027	195	8	the	the	DT
32027	195	9	banks	bank	NNS
32027	195	10	meet	meet	VBP
32027	195	11	for	for	IN
32027	195	12	the	the	DT
32027	195	13	exchange	exchange	NN
32027	195	14	of	of	IN
32027	195	15	checks	check	NNS
32027	195	16	.	.	.
32027	196	1	After	after	IN
32027	196	2	the	the	DT
32027	196	3	representative	representative	NN
32027	196	4	of	of	IN
32027	196	5	each	each	DT
32027	196	6	bank	bank	NN
32027	196	7	has	have	VBZ
32027	196	8	distributed	distribute	VBN
32027	196	9	all	all	PDT
32027	196	10	the	the	DT
32027	196	11	checks	check	NNS
32027	196	12	held	hold	VBN
32027	196	13	by	by	IN
32027	196	14	his	-PRON-	PRP$
32027	196	15	institution	institution	NN
32027	196	16	against	against	IN
32027	196	17	the	the	DT
32027	196	18	others	other	NNS
32027	196	19	participating	participate	VBG
32027	196	20	in	in	IN
32027	196	21	the	the	DT
32027	196	22	clearing	clearing	NN
32027	196	23	,	,	,
32027	196	24	and	and	CC
32027	196	25	received	receive	VBN
32027	196	26	from	from	IN
32027	196	27	them	-PRON-	PRP
32027	196	28	those	those	DT
32027	196	29	drawn	draw	VBN
32027	196	30	against	against	IN
32027	196	31	his	-PRON-	PRP$
32027	196	32	bank	bank	NN
32027	196	33	,	,	,
32027	196	34	a	a	DT
32027	196	35	balance	balance	NN
32027	196	36	sheet	sheet	NN
32027	196	37	is	be	VBZ
32027	196	38	prepared	prepare	VBN
32027	196	39	showing	show	VBG
32027	196	40	the	the	DT
32027	196	41	balance	balance	NN
32027	196	42	due	due	JJ
32027	196	43	by	by	IN
32027	196	44	or	or	CC
32027	196	45	to	to	IN
32027	196	46	his	-PRON-	PRP$
32027	196	47	bank	bank	NN
32027	196	48	after	after	IN
32027	196	49	the	the	DT
32027	196	50	total	total	NN
32027	196	51	of	of	IN
32027	196	52	the	the	DT
32027	196	53	checks	check	NNS
32027	196	54	distributed	distribute	VBN
32027	196	55	has	have	VBZ
32027	196	56	been	be	VBN
32027	196	57	balanced	balance	VBN
32027	196	58	against	against	IN
32027	196	59	the	the	DT
32027	196	60	total	total	NN
32027	196	61	received	receive	VBN
32027	196	62	.	.	.
32027	197	1	If	if	IN
32027	197	2	said	say	VBD
32027	197	3	balance	balance	NN
32027	197	4	is	be	VBZ
32027	197	5	adverse	adverse	JJ
32027	197	6	,	,	,
32027	197	7	it	-PRON-	PRP
32027	197	8	is	be	VBZ
32027	197	9	paid	pay	VBN
32027	197	10	to	to	IN
32027	197	11	the	the	DT
32027	197	12	master	master	NN
32027	197	13	of	of	IN
32027	197	14	the	the	DT
32027	197	15	clearing	clearing	NN
32027	197	16	house	house	NN
32027	197	17	,	,	,
32027	197	18	and	and	CC
32027	197	19	if	if	IN
32027	197	20	it	-PRON-	PRP
32027	197	21	is	be	VBZ
32027	197	22	favorable	favorable	JJ
32027	197	23	,	,	,
32027	197	24	it	-PRON-	PRP
32027	197	25	is	be	VBZ
32027	197	26	received	receive	VBN
32027	197	27	from	from	IN
32027	197	28	him	-PRON-	PRP
32027	197	29	.	.	.
32027	198	1	The	the	DT
32027	198	2	checks	check	NNS
32027	198	3	received	receive	VBD
32027	198	4	through	through	IN
32027	198	5	the	the	DT
32027	198	6	clearing	clearing	NN
32027	198	7	house	house	NN
32027	198	8	or	or	CC
32027	198	9	presented	present	VBN
32027	198	10	by	by	IN
32027	198	11	messengers	messenger	NNS
32027	198	12	from	from	IN
32027	198	13	other	other	JJ
32027	198	14	banks	bank	NNS
32027	198	15	and	and	CC
32027	198	16	paid	pay	VBN
32027	198	17	,	,	,
32027	198	18	are	be	VBP
32027	198	19	debited	debited	JJ
32027	198	20	to	to	IN
32027	198	21	the	the	DT
32027	198	22	accounts	account	NNS
32027	198	23	of	of	IN
32027	198	24	the	the	DT
32027	198	25	persons	person	NNS
32027	198	26	who	who	WP
32027	198	27	drew	draw	VBD
32027	198	28	them	-PRON-	PRP
32027	198	29	and	and	CC
32027	198	30	returned	return	VBD
32027	198	31	to	to	IN
32027	198	32	such	such	JJ
32027	198	33	persons	person	NNS
32027	198	34	as	as	IN
32027	198	35	vouchers	voucher	NNS
32027	198	36	,	,	,
32027	198	37	the	the	DT
32027	198	38	net	net	JJ
32027	198	39	result	result	NN
32027	198	40	of	of	IN
32027	198	41	the	the	DT
32027	198	42	entire	entire	JJ
32027	198	43	transaction	transaction	NN
32027	198	44	being	be	VBG
32027	198	45	the	the	DT
32027	198	46	same	same	JJ
32027	198	47	as	as	IN
32027	198	48	if	if	IN
32027	198	49	all	all	PDT
32027	198	50	the	the	DT
32027	198	51	parties	party	NNS
32027	198	52	involved	involve	VBN
32027	198	53	had	have	VBD
32027	198	54	been	be	VBN
32027	198	55	customers	customer	NNS
32027	198	56	of	of	IN
32027	198	57	a	a	DT
32027	198	58	single	single	JJ
32027	198	59	bank	bank	NN
32027	198	60	,	,	,
32027	198	61	with	with	IN
32027	198	62	the	the	DT
32027	198	63	exception	exception	NN
32027	198	64	that	that	WDT
32027	198	65	some	some	DT
32027	198	66	means	mean	NNS
32027	198	67	of	of	IN
32027	198	68	paying	pay	VBG
32027	198	69	balances	balance	NNS
32027	198	70	had	have	VBD
32027	198	71	to	to	TO
32027	198	72	be	be	VB
32027	198	73	found	find	VBN
32027	198	74	.	.	.
32027	199	1	Since	since	IN
32027	199	2	balances	balance	NNS
32027	199	3	are	be	VBP
32027	199	4	sometimes	sometimes	RB
32027	199	5	paid	pay	VBN
32027	199	6	by	by	IN
32027	199	7	checks	check	NNS
32027	199	8	on	on	IN
32027	199	9	some	some	DT
32027	199	10	central	central	JJ
32027	199	11	institution	institution	NN
32027	199	12	in	in	IN
32027	199	13	which	which	WDT
32027	199	14	credit	credit	NN
32027	199	15	balances	balance	NNS
32027	199	16	may	may	MD
32027	199	17	be	be	VB
32027	199	18	obtained	obtain	VBN
32027	199	19	by	by	IN
32027	199	20	rediscounts	rediscount	NNS
32027	199	21	of	of	IN
32027	199	22	commercial	commercial	JJ
32027	199	23	paper	paper	NN
32027	199	24	,	,	,
32027	199	25	this	this	DT
32027	199	26	necessity	necessity	NN
32027	199	27	can	can	MD
32027	199	28	be	be	VB
32027	199	29	met	meet	VBN
32027	199	30	without	without	IN
32027	199	31	the	the	DT
32027	199	32	use	use	NN
32027	199	33	of	of	IN
32027	199	34	any	any	DT
32027	199	35	form	form	NN
32027	199	36	of	of	IN
32027	199	37	currency	currency	NN
32027	199	38	other	other	JJ
32027	199	39	than	than	IN
32027	199	40	that	that	DT
32027	199	41	furnished	furnish	VBN
32027	199	42	by	by	IN
32027	199	43	banks	bank	NNS
32027	199	44	themselves	-PRON-	PRP
32027	199	45	.	.	.
32027	200	1	Checks	check	NNS
32027	200	2	drawn	draw	VBN
32027	200	3	upon	upon	IN
32027	200	4	out	out	IN
32027	200	5	-	-	HYPH
32027	200	6	of	of	IN
32027	200	7	-	-	HYPH
32027	200	8	town	town	NN
32027	200	9	banks	bank	NNS
32027	200	10	are	be	VBP
32027	200	11	,	,	,
32027	200	12	in	in	IN
32027	200	13	this	this	DT
32027	200	14	country	country	NN
32027	200	15	,	,	,
32027	200	16	collected	collect	VBN
32027	200	17	through	through	IN
32027	200	18	so	so	RB
32027	200	19	-	-	HYPH
32027	200	20	called	call	VBN
32027	200	21	correspondents	correspondent	NNS
32027	200	22	.	.	.
32027	201	1	Each	each	DT
32027	201	2	bank	bank	NN
32027	201	3	enters	enter	VBZ
32027	201	4	into	into	IN
32027	201	5	an	an	DT
32027	201	6	arrangement	arrangement	NN
32027	201	7	with	with	IN
32027	201	8	a	a	DT
32027	201	9	few	few	JJ
32027	201	10	other	other	JJ
32027	201	11	banks	bank	NNS
32027	201	12	,	,	,
32027	201	13	distributed	distribute	VBN
32027	201	14	throughout	throughout	IN
32027	201	15	the	the	DT
32027	201	16	country	country	NN
32027	201	17	and	and	CC
32027	201	18	conveniently	conveniently	RB
32027	201	19	located	locate	VBN
32027	201	20	for	for	IN
32027	201	21	the	the	DT
32027	201	22	purpose	purpose	NN
32027	201	23	,	,	,
32027	201	24	by	by	IN
32027	201	25	which	which	WDT
32027	201	26	the	the	DT
32027	201	27	correspondent	correspondent	NN
32027	201	28	bank	bank	NN
32027	201	29	agrees	agree	VBZ
32027	201	30	to	to	TO
32027	201	31	conduct	conduct	VB
32027	201	32	with	with	IN
32027	201	33	it	-PRON-	PRP
32027	201	34	a	a	DT
32027	201	35	checking	check	VBG
32027	201	36	account	account	NN
32027	201	37	on	on	IN
32027	201	38	which	which	WDT
32027	201	39	it	-PRON-	PRP
32027	201	40	will	will	MD
32027	201	41	credit	credit	VB
32027	201	42	at	at	IN
32027	201	43	par	par	NN
32027	201	44	or	or	CC
32027	201	45	at	at	IN
32027	201	46	a	a	DT
32027	201	47	stipulated	stipulated	JJ
32027	201	48	discount	discount	NN
32027	201	49	the	the	DT
32027	201	50	checks	check	NNS
32027	201	51	sent	send	VBD
32027	201	52	it	-PRON-	PRP
32027	201	53	for	for	IN
32027	201	54	collection	collection	NN
32027	201	55	and	and	CC
32027	201	56	debit	debit	NN
32027	201	57	checks	check	NNS
32027	201	58	drawn	draw	VBN
32027	201	59	against	against	IN
32027	201	60	such	such	PDT
32027	201	61	an	an	DT
32027	201	62	account	account	NN
32027	201	63	.	.	.
32027	202	1	A	a	DT
32027	202	2	comparatively	comparatively	RB
32027	202	3	small	small	JJ
32027	202	4	number	number	NN
32027	202	5	of	of	IN
32027	202	6	such	such	JJ
32027	202	7	correspondents	correspondent	NNS
32027	202	8	suffices	suffice	NNS
32027	202	9	,	,	,
32027	202	10	since	since	IN
32027	202	11	certain	certain	JJ
32027	202	12	banks	bank	NNS
32027	202	13	in	in	IN
32027	202	14	the	the	DT
32027	202	15	larger	large	JJR
32027	202	16	cities	city	NNS
32027	202	17	,	,	,
32027	202	18	by	by	IN
32027	202	19	making	make	VBG
32027	202	20	a	a	DT
32027	202	21	business	business	NN
32027	202	22	of	of	IN
32027	202	23	such	such	JJ
32027	202	24	collections	collection	NNS
32027	202	25	,	,	,
32027	202	26	conduct	conduct	NN
32027	202	27	checking	checking	NN
32027	202	28	accounts	account	NNS
32027	202	29	with	with	IN
32027	202	30	a	a	DT
32027	202	31	large	large	JJ
32027	202	32	number	number	NN
32027	202	33	of	of	IN
32027	202	34	banks	bank	NNS
32027	202	35	,	,	,
32027	202	36	and	and	CC
32027	202	37	can	can	MD
32027	202	38	thus	thus	RB
32027	202	39	make	make	VB
32027	202	40	collections	collection	NNS
32027	202	41	by	by	IN
32027	202	42	mere	mere	JJ
32027	202	43	transfers	transfer	NNS
32027	202	44	of	of	IN
32027	202	45	credits	credit	NNS
32027	202	46	on	on	IN
32027	202	47	their	-PRON-	PRP$
32027	202	48	own	own	JJ
32027	202	49	books	book	NNS
32027	202	50	or	or	CC
32027	202	51	by	by	IN
32027	202	52	the	the	DT
32027	202	53	use	use	NN
32027	202	54	of	of	IN
32027	202	55	the	the	DT
32027	202	56	local	local	JJ
32027	202	57	clearing	clearing	NN
32027	202	58	house	house	NN
32027	202	59	.	.	.
32027	203	1	The	the	DT
32027	203	2	so	so	RB
32027	203	3	-	-	HYPH
32027	203	4	called	call	VBN
32027	203	5	reserve	reserve	NN
32027	203	6	cities	city	NNS
32027	203	7	in	in	IN
32027	203	8	this	this	DT
32027	203	9	country	country	NN
32027	203	10	constitute	constitute	VBP
32027	203	11	clearing	clear	VBG
32027	203	12	centers	center	NNS
32027	203	13	for	for	IN
32027	203	14	the	the	DT
32027	203	15	territories	territory	NNS
32027	203	16	contiguous	contiguous	JJ
32027	203	17	to	to	IN
32027	203	18	them	-PRON-	PRP
32027	203	19	,	,	,
32027	203	20	and	and	CC
32027	203	21	New	New	NNP
32027	203	22	York	York	NNP
32027	203	23	,	,	,
32027	203	24	Chicago	Chicago	NNP
32027	203	25	,	,	,
32027	203	26	and	and	CC
32027	203	27	St.	St.	NNP
32027	203	28	Louis	Louis	NNP
32027	203	29	,	,	,
32027	203	30	for	for	IN
32027	203	31	the	the	DT
32027	203	32	entire	entire	JJ
32027	203	33	country	country	NN
32027	203	34	.	.	.
32027	204	1	Checks	check	NNS
32027	204	2	received	receive	VBN
32027	204	3	from	from	IN
32027	204	4	correspondents	correspondent	NNS
32027	204	5	and	and	CC
32027	204	6	drawn	draw	VBN
32027	204	7	against	against	IN
32027	204	8	themselves	-PRON-	PRP
32027	204	9	are	be	VBP
32027	204	10	debited	debited	JJ
32027	204	11	to	to	IN
32027	204	12	the	the	DT
32027	204	13	accounts	account	NNS
32027	204	14	of	of	IN
32027	204	15	the	the	DT
32027	204	16	customers	customer	NNS
32027	204	17	who	who	WP
32027	204	18	drew	draw	VBD
32027	204	19	them	-PRON-	PRP
32027	204	20	and	and	CC
32027	204	21	returned	return	VBD
32027	204	22	as	as	IN
32027	204	23	vouchers	voucher	NNS
32027	204	24	in	in	IN
32027	204	25	the	the	DT
32027	204	26	same	same	JJ
32027	204	27	manner	manner	NN
32027	204	28	as	as	IN
32027	204	29	checks	check	NNS
32027	204	30	received	receive	VBN
32027	204	31	through	through	IN
32027	204	32	the	the	DT
32027	204	33	clearing	clearing	NN
32027	204	34	house	house	NN
32027	204	35	or	or	CC
32027	204	36	paid	pay	VBD
32027	204	37	over	over	IN
32027	204	38	their	-PRON-	PRP$
32027	204	39	own	own	JJ
32027	204	40	counters	counter	NNS
32027	204	41	.	.	.
32027	205	1	Through	through	IN
32027	205	2	this	this	DT
32027	205	3	interchange	interchange	NN
32027	205	4	of	of	IN
32027	205	5	checks	check	NNS
32027	205	6	between	between	IN
32027	205	7	banks	bank	NNS
32027	205	8	and	and	CC
32027	205	9	the	the	DT
32027	205	10	conduct	conduct	NN
32027	205	11	of	of	IN
32027	205	12	checking	check	VBG
32027	205	13	accounts	account	NNS
32027	205	14	with	with	IN
32027	205	15	each	each	DT
32027	205	16	other	other	JJ
32027	205	17	,	,	,
32027	205	18	intermunicipal	intermunicipal	JJ
32027	205	19	and	and	CC
32027	205	20	international	international	JJ
32027	205	21	exchanges	exchange	NNS
32027	205	22	are	be	VBP
32027	205	23	conducted	conduct	VBN
32027	205	24	through	through	IN
32027	205	25	the	the	DT
32027	205	26	bookkeeping	bookkeepe	VBG
32027	205	27	processes	process	NNS
32027	205	28	of	of	IN
32027	205	29	commercial	commercial	JJ
32027	205	30	banks	bank	NNS
32027	205	31	with	with	IN
32027	205	32	the	the	DT
32027	205	33	same	same	JJ
32027	205	34	ease	ease	NN
32027	205	35	and	and	CC
32027	205	36	economy	economy	NN
32027	205	37	as	as	IN
32027	205	38	are	be	VBP
32027	205	39	exchanges	exchange	NNS
32027	205	40	between	between	IN
32027	205	41	people	people	NNS
32027	205	42	living	live	VBG
32027	205	43	in	in	IN
32027	205	44	the	the	DT
32027	205	45	same	same	JJ
32027	205	46	town	town	NN
32027	205	47	.	.	.
32027	206	1	_	_	NNP
32027	206	2	6	6	CD
32027	206	3	.	.	.
32027	207	1	Domestic	Domestic	NNP
32027	207	2	Exchange	Exchange	NNP
32027	207	3	_	_	NNP
32027	207	4	The	the	DT
32027	207	5	accounts	account	NNS
32027	207	6	of	of	IN
32027	207	7	a	a	DT
32027	207	8	bank	bank	NN
32027	207	9	with	with	IN
32027	207	10	its	-PRON-	PRP$
32027	207	11	correspondents	correspondent	NNS
32027	207	12	are	be	VBP
32027	207	13	a	a	DT
32027	207	14	record	record	NN
32027	207	15	of	of	IN
32027	207	16	the	the	DT
32027	207	17	transactions	transaction	NNS
32027	207	18	of	of	IN
32027	207	19	its	-PRON-	PRP$
32027	207	20	customers	customer	NNS
32027	207	21	with	with	IN
32027	207	22	the	the	DT
32027	207	23	outside	outside	JJ
32027	207	24	world	world	NN
32027	207	25	,	,	,
32027	207	26	the	the	DT
32027	207	27	checks	check	NNS
32027	207	28	they	-PRON-	PRP
32027	207	29	receive	receive	VBP
32027	207	30	as	as	IN
32027	207	31	a	a	DT
32027	207	32	result	result	NN
32027	207	33	of	of	IN
32027	207	34	sales	sale	NNS
32027	207	35	to	to	IN
32027	207	36	outsiders	outsider	NNS
32027	207	37	of	of	IN
32027	207	38	merchandise	merchandise	NN
32027	207	39	,	,	,
32027	207	40	real	real	JJ
32027	207	41	estate	estate	NN
32027	207	42	or	or	CC
32027	207	43	other	other	JJ
32027	207	44	property	property	NN
32027	207	45	,	,	,
32027	207	46	or	or	CC
32027	207	47	as	as	IN
32027	207	48	a	a	DT
32027	207	49	result	result	NN
32027	207	50	of	of	IN
32027	207	51	gifts	gift	NNS
32027	207	52	by	by	IN
32027	207	53	outsiders	outsider	NNS
32027	207	54	to	to	IN
32027	207	55	them	-PRON-	PRP
32027	207	56	being	be	VBG
32027	207	57	credited	credit	VBN
32027	207	58	on	on	IN
32027	207	59	such	such	JJ
32027	207	60	accounts	account	NNS
32027	207	61	,	,	,
32027	207	62	while	while	IN
32027	207	63	the	the	DT
32027	207	64	checks	check	NNS
32027	207	65	they	-PRON-	PRP
32027	207	66	draw	draw	VBP
32027	207	67	or	or	CC
32027	207	68	the	the	DT
32027	207	69	drafts	draft	NNS
32027	207	70	they	-PRON-	PRP
32027	207	71	purchase	purchase	VBP
32027	207	72	in	in	IN
32027	207	73	payment	payment	NN
32027	207	74	for	for	IN
32027	207	75	merchandise	merchandise	NN
32027	207	76	,	,	,
32027	207	77	real	real	JJ
32027	207	78	estate	estate	NN
32027	207	79	or	or	CC
32027	207	80	other	other	JJ
32027	207	81	property	property	NN
32027	207	82	purchased	purchase	VBN
32027	207	83	of	of	IN
32027	207	84	outsiders	outsider	NNS
32027	207	85	,	,	,
32027	207	86	or	or	CC
32027	207	87	of	of	IN
32027	207	88	gifts	gift	NNS
32027	207	89	made	make	VBN
32027	207	90	to	to	IN
32027	207	91	them	-PRON-	PRP
32027	207	92	are	be	VBP
32027	207	93	debited	debited	JJ
32027	207	94	.	.	.
32027	208	1	When	when	WRB
32027	208	2	in	in	IN
32027	208	3	a	a	DT
32027	208	4	given	give	VBN
32027	208	5	period	period	NN
32027	208	6	,	,	,
32027	208	7	say	say	VBP
32027	208	8	a	a	DT
32027	208	9	day	day	NN
32027	208	10	or	or	CC
32027	208	11	a	a	DT
32027	208	12	week	week	NN
32027	208	13	,	,	,
32027	208	14	the	the	DT
32027	208	15	receipts	receipt	NNS
32027	208	16	of	of	IN
32027	208	17	the	the	DT
32027	208	18	customers	customer	NNS
32027	208	19	of	of	IN
32027	208	20	a	a	DT
32027	208	21	bank	bank	NN
32027	208	22	from	from	IN
32027	208	23	outsiders	outsider	NNS
32027	208	24	,	,	,
32027	208	25	as	as	IN
32027	208	26	a	a	DT
32027	208	27	result	result	NN
32027	208	28	of	of	IN
32027	208	29	current	current	JJ
32027	208	30	or	or	CC
32027	208	31	past	past	JJ
32027	208	32	sales	sale	NNS
32027	208	33	and	and	CC
32027	208	34	gifts	gift	NNS
32027	208	35	,	,	,
32027	208	36	exceed	exceed	VBP
32027	208	37	the	the	DT
32027	208	38	payments	payment	NNS
32027	208	39	made	make	VBN
32027	208	40	by	by	IN
32027	208	41	them	-PRON-	PRP
32027	208	42	as	as	IN
32027	208	43	a	a	DT
32027	208	44	result	result	NN
32027	208	45	of	of	IN
32027	208	46	purchases	purchase	NNS
32027	208	47	and	and	CC
32027	208	48	gifts	gift	NNS
32027	208	49	,	,	,
32027	208	50	its	-PRON-	PRP$
32027	208	51	credit	credit	NN
32027	208	52	balances	balance	NNS
32027	208	53	with	with	IN
32027	208	54	its	-PRON-	PRP$
32027	208	55	correspondents	correspondent	NNS
32027	208	56	will	will	MD
32027	208	57	increase	increase	VB
32027	208	58	,	,	,
32027	208	59	and	and	CC
32027	208	60	under	under	IN
32027	208	61	opposite	opposite	JJ
32027	208	62	conditions	condition	NNS
32027	208	63	they	-PRON-	PRP
32027	208	64	will	will	MD
32027	208	65	decrease	decrease	VB
32027	208	66	.	.	.
32027	209	1	If	if	IN
32027	209	2	the	the	DT
32027	209	3	payments	payment	NNS
32027	209	4	should	should	MD
32027	209	5	continue	continue	VB
32027	209	6	in	in	IN
32027	209	7	excess	excess	NN
32027	209	8	for	for	IN
32027	209	9	a	a	DT
32027	209	10	considerable	considerable	JJ
32027	209	11	period	period	NN
32027	209	12	,	,	,
32027	209	13	the	the	DT
32027	209	14	credit	credit	NN
32027	209	15	balances	balance	NNS
32027	209	16	of	of	IN
32027	209	17	a	a	DT
32027	209	18	bank	bank	NN
32027	209	19	with	with	IN
32027	209	20	its	-PRON-	PRP$
32027	209	21	correspondents	correspondent	NNS
32027	209	22	would	would	MD
32027	209	23	be	be	VB
32027	209	24	exhausted	exhaust	VBN
32027	209	25	and	and	CC
32027	209	26	some	some	DT
32027	209	27	means	mean	NNS
32027	209	28	of	of	IN
32027	209	29	replenishing	replenish	VBG
32027	209	30	them	-PRON-	PRP
32027	209	31	would	would	MD
32027	209	32	have	have	VB
32027	209	33	to	to	TO
32027	209	34	be	be	VB
32027	209	35	found	find	VBN
32027	209	36	,	,	,
32027	209	37	and	and	CC
32027	209	38	under	under	IN
32027	209	39	the	the	DT
32027	209	40	opposite	opposite	JJ
32027	209	41	conditions	condition	NNS
32027	209	42	too	too	RB
32027	209	43	large	large	JJ
32027	209	44	a	a	DT
32027	209	45	portion	portion	NN
32027	209	46	of	of	IN
32027	209	47	the	the	DT
32027	209	48	bank	bank	NN
32027	209	49	's	's	POS
32027	209	50	resources	resource	NNS
32027	209	51	would	would	MD
32027	209	52	accumulate	accumulate	VB
32027	209	53	with	with	IN
32027	209	54	its	-PRON-	PRP$
32027	209	55	correspondents	correspondent	NNS
32027	209	56	and	and	CC
32027	209	57	some	some	DT
32027	209	58	means	mean	NNS
32027	209	59	of	of	IN
32027	209	60	withdrawing	withdraw	VBG
32027	209	61	funds	fund	NNS
32027	209	62	would	would	MD
32027	209	63	have	have	VB
32027	209	64	to	to	TO
32027	209	65	be	be	VB
32027	209	66	found	find	VBN
32027	209	67	.	.	.
32027	210	1	When	when	WRB
32027	210	2	a	a	DT
32027	210	3	bank	bank	NN
32027	210	4	needs	need	VBZ
32027	210	5	to	to	TO
32027	210	6	replenish	replenish	VB
32027	210	7	its	-PRON-	PRP$
32027	210	8	credit	credit	NN
32027	210	9	balances	balance	NNS
32027	210	10	with	with	IN
32027	210	11	its	-PRON-	PRP$
32027	210	12	correspondents	correspondent	NNS
32027	210	13	,	,	,
32027	210	14	it	-PRON-	PRP
32027	210	15	may	may	MD
32027	210	16	ship	ship	VB
32027	210	17	cash	cash	NN
32027	210	18	or	or	CC
32027	210	19	purchase	purchase	NN
32027	210	20	drafts	draft	NNS
32027	210	21	from	from	IN
32027	210	22	other	other	JJ
32027	210	23	home	home	NN
32027	210	24	banks	bank	NNS
32027	210	25	,	,	,
32027	210	26	which	which	WDT
32027	210	27	it	-PRON-	PRP
32027	210	28	can	can	MD
32027	210	29	send	send	VB
32027	210	30	to	to	IN
32027	210	31	its	-PRON-	PRP$
32027	210	32	correspondents	correspondent	NNS
32027	210	33	for	for	IN
32027	210	34	collection	collection	NN
32027	210	35	like	like	IN
32027	210	36	checks	check	NNS
32027	210	37	deposited	deposit	VBN
32027	210	38	in	in	IN
32027	210	39	the	the	DT
32027	210	40	ordinary	ordinary	JJ
32027	210	41	course	course	NN
32027	210	42	of	of	IN
32027	210	43	business	business	NN
32027	210	44	.	.	.
32027	211	1	The	the	DT
32027	211	2	latter	latter	JJ
32027	211	3	resource	resource	NN
32027	211	4	will	will	MD
32027	211	5	of	of	IN
32027	211	6	course	course	NN
32027	211	7	be	be	VB
32027	211	8	available	available	JJ
32027	211	9	only	only	RB
32027	211	10	when	when	WRB
32027	211	11	these	these	DT
32027	211	12	other	other	JJ
32027	211	13	banks	bank	NNS
32027	211	14	'	'	POS
32027	211	15	balances	balance	NNS
32027	211	16	with	with	IN
32027	211	17	their	-PRON-	PRP$
32027	211	18	correspondents	correspondent	NNS
32027	211	19	are	be	VBP
32027	211	20	not	not	RB
32027	211	21	exhausted	exhausted	JJ
32027	211	22	.	.	.
32027	212	1	Should	Should	MD
32027	212	2	the	the	DT
32027	212	3	balances	balance	NNS
32027	212	4	of	of	IN
32027	212	5	all	all	PDT
32027	212	6	the	the	DT
32027	212	7	banks	bank	NNS
32027	212	8	of	of	IN
32027	212	9	a	a	DT
32027	212	10	town	town	NN
32027	212	11	with	with	IN
32027	212	12	their	-PRON-	PRP$
32027	212	13	out	out	JJ
32027	212	14	-	-	HYPH
32027	212	15	of	of	IN
32027	212	16	-	-	HYPH
32027	212	17	town	town	NN
32027	212	18	correspondents	correspondent	NNS
32027	212	19	be	be	VBP
32027	212	20	nearly	nearly	RB
32027	212	21	or	or	CC
32027	212	22	quite	quite	RB
32027	212	23	exhausted	exhausted	JJ
32027	212	24	,	,	,
32027	212	25	shipments	shipment	NNS
32027	212	26	of	of	IN
32027	212	27	cash	cash	NN
32027	212	28	to	to	IN
32027	212	29	correspondents	correspondent	NNS
32027	212	30	could	could	MD
32027	212	31	not	not	RB
32027	212	32	be	be	VB
32027	212	33	avoided	avoid	VBN
32027	212	34	.	.	.
32027	213	1	If	if	IN
32027	213	2	a	a	DT
32027	213	3	bank	bank	NN
32027	213	4	wishes	wish	VBZ
32027	213	5	to	to	TO
32027	213	6	withdraw	withdraw	VB
32027	213	7	funds	fund	NNS
32027	213	8	from	from	IN
32027	213	9	its	-PRON-	PRP$
32027	213	10	correspondents	correspondent	NNS
32027	213	11	for	for	IN
32027	213	12	home	home	NN
32027	213	13	use	use	NN
32027	213	14	,	,	,
32027	213	15	it	-PRON-	PRP
32027	213	16	may	may	MD
32027	213	17	order	order	VB
32027	213	18	cash	cash	NN
32027	213	19	shipped	ship	VBN
32027	213	20	or	or	CC
32027	213	21	it	-PRON-	PRP
32027	213	22	may	may	MD
32027	213	23	,	,	,
32027	213	24	perhaps	perhaps	RB
32027	213	25	,	,	,
32027	213	26	be	be	VB
32027	213	27	able	able	JJ
32027	213	28	to	to	TO
32027	213	29	sell	sell	VB
32027	213	30	drafts	draft	NNS
32027	213	31	for	for	IN
32027	213	32	cash	cash	NN
32027	213	33	to	to	IN
32027	213	34	other	other	JJ
32027	213	35	home	home	NN
32027	213	36	banks	bank	NNS
32027	213	37	.	.	.
32027	214	1	The	the	DT
32027	214	2	expenses	expense	NNS
32027	214	3	involved	involve	VBN
32027	214	4	in	in	IN
32027	214	5	shipments	shipment	NNS
32027	214	6	of	of	IN
32027	214	7	cash	cash	NN
32027	214	8	,	,	,
32027	214	9	loans	loan	NNS
32027	214	10	,	,	,
32027	214	11	or	or	CC
32027	214	12	purchases	purchase	NNS
32027	214	13	or	or	CC
32027	214	14	sales	sale	NNS
32027	214	15	of	of	IN
32027	214	16	drafts	draft	NNS
32027	214	17	for	for	IN
32027	214	18	the	the	DT
32027	214	19	purpose	purpose	NN
32027	214	20	of	of	IN
32027	214	21	replenishing	replenish	VBG
32027	214	22	balances	balance	NNS
32027	214	23	with	with	IN
32027	214	24	or	or	CC
32027	214	25	withdrawing	withdraw	VBG
32027	214	26	them	-PRON-	PRP
32027	214	27	from	from	IN
32027	214	28	out	out	RB
32027	214	29	-	-	HYPH
32027	214	30	of	of	IN
32027	214	31	-	-	HYPH
32027	214	32	town	town	NN
32027	214	33	correspondents	correspondent	NNS
32027	214	34	,	,	,
32027	214	35	give	give	VBP
32027	214	36	rise	rise	NN
32027	214	37	to	to	IN
32027	214	38	what	what	WP
32027	214	39	is	be	VBZ
32027	214	40	called	call	VBN
32027	214	41	the	the	DT
32027	214	42	_	_	NNP
32027	214	43	rate	rate	NN
32027	214	44	of	of	IN
32027	214	45	exchange	exchange	NN
32027	214	46	_	_	NNP
32027	214	47	.	.	.
32027	215	1	If	if	IN
32027	215	2	,	,	,
32027	215	3	in	in	IN
32027	215	4	order	order	NN
32027	215	5	to	to	TO
32027	215	6	make	make	VB
32027	215	7	out	out	RP
32027	215	8	-	-	HYPH
32027	215	9	of	of	IN
32027	215	10	-	-	HYPH
32027	215	11	town	town	NN
32027	215	12	payments	payment	NNS
32027	215	13	for	for	IN
32027	215	14	its	-PRON-	PRP$
32027	215	15	customers	customer	NNS
32027	215	16	,	,	,
32027	215	17	a	a	DT
32027	215	18	bank	bank	NN
32027	215	19	is	be	VBZ
32027	215	20	obliged	oblige	VBN
32027	215	21	to	to	TO
32027	215	22	pay	pay	VB
32027	215	23	the	the	DT
32027	215	24	expense	expense	NN
32027	215	25	of	of	IN
32027	215	26	shipping	ship	VBG
32027	215	27	cash	cash	NN
32027	215	28	to	to	IN
32027	215	29	its	-PRON-	PRP$
32027	215	30	correspondents	correspondent	NNS
32027	215	31	or	or	CC
32027	215	32	to	to	TO
32027	215	33	pay	pay	VB
32027	215	34	a	a	DT
32027	215	35	premium	premium	NN
32027	215	36	on	on	IN
32027	215	37	drafts	draft	NNS
32027	215	38	purchased	purchase	VBN
32027	215	39	from	from	IN
32027	215	40	other	other	JJ
32027	215	41	banks	bank	NNS
32027	215	42	,	,	,
32027	215	43	the	the	DT
32027	215	44	natural	natural	JJ
32027	215	45	method	method	NN
32027	215	46	of	of	IN
32027	215	47	reimbursement	reimbursement	NN
32027	215	48	will	will	MD
32027	215	49	be	be	VB
32027	215	50	a	a	DT
32027	215	51	premium	premium	JJ
32027	215	52	charge	charge	NN
32027	215	53	on	on	IN
32027	215	54	drafts	draft	NNS
32027	215	55	sold	sell	VBN
32027	215	56	equal	equal	JJ
32027	215	57	to	to	IN
32027	215	58	the	the	DT
32027	215	59	amount	amount	NN
32027	215	60	of	of	IN
32027	215	61	the	the	DT
32027	215	62	expense	expense	NN
32027	215	63	incurred	incur	VBN
32027	215	64	.	.	.
32027	216	1	If	if	IN
32027	216	2	it	-PRON-	PRP
32027	216	3	wishes	wish	VBZ
32027	216	4	to	to	TO
32027	216	5	withdraw	withdraw	VB
32027	216	6	a	a	DT
32027	216	7	balance	balance	NN
32027	216	8	with	with	IN
32027	216	9	its	-PRON-	PRP$
32027	216	10	correspondent	correspondent	NN
32027	216	11	,	,	,
32027	216	12	since	since	IN
32027	216	13	to	to	TO
32027	216	14	order	order	VB
32027	216	15	cash	cash	NN
32027	216	16	shipped	ship	VBN
32027	216	17	will	will	MD
32027	216	18	involve	involve	VB
32027	216	19	expense	expense	NN
32027	216	20	,	,	,
32027	216	21	it	-PRON-	PRP
32027	216	22	will	will	MD
32027	216	23	be	be	VB
32027	216	24	glad	glad	JJ
32027	216	25	to	to	TO
32027	216	26	sell	sell	VB
32027	216	27	drafts	draft	NNS
32027	216	28	for	for	IN
32027	216	29	cash	cash	NN
32027	216	30	at	at	IN
32027	216	31	a	a	DT
32027	216	32	discount	discount	NN
32027	216	33	not	not	RB
32027	216	34	to	to	TO
32027	216	35	exceed	exceed	VB
32027	216	36	such	such	JJ
32027	216	37	expense	expense	NN
32027	216	38	.	.	.
32027	217	1	The	the	DT
32027	217	2	rate	rate	NN
32027	217	3	of	of	IN
32027	217	4	exchange	exchange	NN
32027	217	5	,	,	,
32027	217	6	or	or	CC
32027	217	7	the	the	DT
32027	217	8	price	price	NN
32027	217	9	of	of	IN
32027	217	10	drafts	draft	NNS
32027	217	11	on	on	IN
32027	217	12	a	a	DT
32027	217	13	given	give	VBN
32027	217	14	point	point	NN
32027	217	15	,	,	,
32027	217	16	may	may	MD
32027	217	17	,	,	,
32027	217	18	therefore	therefore	RB
32027	217	19	,	,	,
32027	217	20	fluctuate	fluctuate	VBP
32027	217	21	between	between	IN
32027	217	22	a	a	DT
32027	217	23	premium	premium	NN
32027	217	24	equal	equal	JJ
32027	217	25	to	to	IN
32027	217	26	the	the	DT
32027	217	27	cost	cost	NN
32027	217	28	of	of	IN
32027	217	29	shipping	ship	VBG
32027	217	30	cash	cash	NN
32027	217	31	to	to	IN
32027	217	32	that	that	DT
32027	217	33	point	point	NN
32027	217	34	and	and	CC
32027	217	35	a	a	DT
32027	217	36	discount	discount	NN
32027	217	37	of	of	IN
32027	217	38	the	the	DT
32027	217	39	same	same	JJ
32027	217	40	amount	amount	NN
32027	217	41	.	.	.
32027	218	1	Beyond	beyond	IN
32027	218	2	these	these	DT
32027	218	3	extremes	extreme	NNS
32027	218	4	,	,	,
32027	218	5	these	these	DT
32027	218	6	fluctuations	fluctuation	NNS
32027	218	7	can	can	MD
32027	218	8	not	not	RB
32027	218	9	ordinarily	ordinarily	RB
32027	218	10	go	go	VB
32027	218	11	,	,	,
32027	218	12	because	because	IN
32027	218	13	customers	customer	NNS
32027	218	14	may	may	MD
32027	218	15	demand	demand	VB
32027	218	16	cash	cash	NN
32027	218	17	of	of	IN
32027	218	18	their	-PRON-	PRP$
32027	218	19	banks	bank	NNS
32027	218	20	in	in	IN
32027	218	21	payment	payment	NN
32027	218	22	of	of	IN
32027	218	23	checks	check	NNS
32027	218	24	against	against	IN
32027	218	25	their	-PRON-	PRP$
32027	218	26	own	own	JJ
32027	218	27	credit	credit	NN
32027	218	28	balances	balance	NNS
32027	218	29	and	and	CC
32027	218	30	ship	ship	VB
32027	218	31	it	-PRON-	PRP
32027	218	32	to	to	IN
32027	218	33	their	-PRON-	PRP$
32027	218	34	out	out	JJ
32027	218	35	-	-	HYPH
32027	218	36	of	of	IN
32027	218	37	-	-	HYPH
32027	218	38	town	town	NN
32027	218	39	creditors	creditor	NNS
32027	218	40	at	at	IN
32027	218	41	their	-PRON-	PRP$
32027	218	42	own	own	JJ
32027	218	43	expense	expense	NN
32027	218	44	,	,	,
32027	218	45	and	and	CC
32027	218	46	would	would	MD
32027	218	47	do	do	VB
32027	218	48	so	so	RB
32027	218	49	if	if	IN
32027	218	50	the	the	DT
32027	218	51	rates	rate	NNS
32027	218	52	charged	charge	VBN
32027	218	53	on	on	IN
32027	218	54	drafts	draft	NNS
32027	218	55	should	should	MD
32027	218	56	make	make	VB
32027	218	57	such	such	JJ
32027	218	58	procedure	procedure	NN
32027	218	59	profitable	profitable	JJ
32027	218	60	.	.	.
32027	219	1	The	the	DT
32027	219	2	actual	actual	JJ
32027	219	3	rate	rate	NN
32027	219	4	of	of	IN
32027	219	5	exchange	exchange	NN
32027	219	6	will	will	MD
32027	219	7	not	not	RB
32027	219	8	ordinarily	ordinarily	RB
32027	219	9	reach	reach	VB
32027	219	10	either	either	DT
32027	219	11	of	of	IN
32027	219	12	these	these	DT
32027	219	13	extremes	extreme	NNS
32027	219	14	,	,	,
32027	219	15	on	on	IN
32027	219	16	account	account	NN
32027	219	17	of	of	IN
32027	219	18	competition	competition	NN
32027	219	19	either	either	CC
32027	219	20	between	between	IN
32027	219	21	the	the	DT
32027	219	22	banks	bank	NNS
32027	219	23	which	which	WDT
32027	219	24	are	be	VBP
32027	219	25	desirous	desirous	JJ
32027	219	26	of	of	IN
32027	219	27	selling	sell	VBG
32027	219	28	drafts	draft	NNS
32027	219	29	on	on	IN
32027	219	30	their	-PRON-	PRP$
32027	219	31	correspondents	correspondent	NNS
32027	219	32	or	or	CC
32027	219	33	between	between	IN
32027	219	34	those	those	DT
32027	219	35	which	which	WDT
32027	219	36	are	be	VBP
32027	219	37	forced	force	VBN
32027	219	38	to	to	TO
32027	219	39	buy	buy	VB
32027	219	40	as	as	IN
32027	219	41	an	an	DT
32027	219	42	alternative	alternative	NN
32027	219	43	to	to	IN
32027	219	44	cash	cash	NN
32027	219	45	shipments	shipment	NNS
32027	219	46	.	.	.
32027	220	1	If	if	IN
32027	220	2	the	the	DT
32027	220	3	aggregate	aggregate	NN
32027	220	4	balances	balance	NNS
32027	220	5	of	of	IN
32027	220	6	the	the	DT
32027	220	7	banks	bank	NNS
32027	220	8	of	of	IN
32027	220	9	a	a	DT
32027	220	10	town	town	NN
32027	220	11	with	with	IN
32027	220	12	their	-PRON-	PRP$
32027	220	13	out	out	JJ
32027	220	14	-	-	HYPH
32027	220	15	of	of	IN
32027	220	16	-	-	HYPH
32027	220	17	town	town	NN
32027	220	18	correspondents	correspondent	NNS
32027	220	19	are	be	VBP
32027	220	20	large	large	JJ
32027	220	21	and	and	CC
32027	220	22	increasing	increasing	JJ
32027	220	23	,	,	,
32027	220	24	the	the	DT
32027	220	25	pressure	pressure	NN
32027	220	26	to	to	TO
32027	220	27	sell	sell	VB
32027	220	28	drafts	draft	NNS
32027	220	29	will	will	MD
32027	220	30	be	be	VB
32027	220	31	greater	great	JJR
32027	220	32	than	than	IN
32027	220	33	that	that	DT
32027	220	34	to	to	TO
32027	220	35	buy	buy	VB
32027	220	36	and	and	CC
32027	220	37	the	the	DT
32027	220	38	rate	rate	NN
32027	220	39	of	of	IN
32027	220	40	exchange	exchange	NN
32027	220	41	will	will	MD
32027	220	42	go	go	VB
32027	220	43	to	to	IN
32027	220	44	a	a	DT
32027	220	45	discount	discount	NN
32027	220	46	,	,	,
32027	220	47	the	the	DT
32027	220	48	amount	amount	NN
32027	220	49	of	of	IN
32027	220	50	which	which	WDT
32027	220	51	,	,	,
32027	220	52	however	however	RB
32027	220	53	,	,	,
32027	220	54	will	will	MD
32027	220	55	be	be	VB
32027	220	56	fixed	fix	VBN
32027	220	57	by	by	IN
32027	220	58	competition	competition	NN
32027	220	59	between	between	IN
32027	220	60	the	the	DT
32027	220	61	selling	sell	VBG
32027	220	62	banks	bank	NNS
32027	220	63	.	.	.
32027	221	1	In	in	IN
32027	221	2	the	the	DT
32027	221	3	opposite	opposite	JJ
32027	221	4	case	case	NN
32027	221	5	,	,	,
32027	221	6	the	the	DT
32027	221	7	rate	rate	NN
32027	221	8	will	will	MD
32027	221	9	go	go	VB
32027	221	10	to	to	IN
32027	221	11	a	a	DT
32027	221	12	premium	premium	NN
32027	221	13	and	and	CC
32027	221	14	be	be	VB
32027	221	15	fixed	fix	VBN
32027	221	16	by	by	IN
32027	221	17	competition	competition	NN
32027	221	18	between	between	IN
32027	221	19	the	the	DT
32027	221	20	buying	buy	VBG
32027	221	21	banks	bank	NNS
32027	221	22	.	.	.
32027	222	1	In	in	IN
32027	222	2	most	most	JJS
32027	222	3	towns	town	NNS
32027	222	4	in	in	IN
32027	222	5	the	the	DT
32027	222	6	United	United	NNP
32027	222	7	States	States	NNP
32027	222	8	there	there	EX
32027	222	9	is	be	VBZ
32027	222	10	little	little	JJ
32027	222	11	or	or	CC
32027	222	12	no	no	DT
32027	222	13	competition	competition	NN
32027	222	14	between	between	IN
32027	222	15	banks	bank	NNS
32027	222	16	in	in	IN
32027	222	17	the	the	DT
32027	222	18	business	business	NN
32027	222	19	of	of	IN
32027	222	20	buying	buy	VBG
32027	222	21	and	and	CC
32027	222	22	selling	sell	VBG
32027	222	23	drafts	draft	NNS
32027	222	24	and	and	CC
32027	222	25	consequently	consequently	RB
32027	222	26	no	no	DT
32027	222	27	open	open	JJ
32027	222	28	market	market	NN
32027	222	29	for	for	IN
32027	222	30	exchange	exchange	NN
32027	222	31	and	and	CC
32027	222	32	no	no	DT
32027	222	33	quotations	quotation	NNS
32027	222	34	of	of	IN
32027	222	35	exchange	exchange	NN
32027	222	36	rates	rate	NNS
32027	222	37	.	.	.
32027	223	1	In	in	IN
32027	223	2	such	such	JJ
32027	223	3	cases	case	NNS
32027	223	4	each	each	DT
32027	223	5	bank	bank	NN
32027	223	6	acts	act	VBZ
32027	223	7	more	more	RBR
32027	223	8	or	or	CC
32027	223	9	less	less	RBR
32027	223	10	independently	independently	RB
32027	223	11	;	;	:
32027	223	12	shipments	shipment	NNS
32027	223	13	of	of	IN
32027	223	14	cash	cash	NN
32027	223	15	to	to	IN
32027	223	16	or	or	CC
32027	223	17	from	from	IN
32027	223	18	correspondents	correspondent	NNS
32027	223	19	are	be	VBP
32027	223	20	the	the	DT
32027	223	21	ordinary	ordinary	JJ
32027	223	22	means	mean	NNS
32027	223	23	of	of	IN
32027	223	24	regulating	regulating	NN
32027	223	25	balances	balance	NNS
32027	223	26	;	;	,
32027	223	27	and	and	CC
32027	223	28	the	the	DT
32027	223	29	cost	cost	NN
32027	223	30	of	of	IN
32027	223	31	such	such	JJ
32027	223	32	shipments	shipment	NNS
32027	223	33	are	be	VBP
32027	223	34	charged	charge	VBN
32027	223	35	to	to	IN
32027	223	36	the	the	DT
32027	223	37	general	general	JJ
32027	223	38	expense	expense	NN
32027	223	39	account	account	NN
32027	223	40	of	of	IN
32027	223	41	the	the	DT
32027	223	42	bank	bank	NN
32027	223	43	and	and	CC
32027	223	44	taken	take	VBN
32027	223	45	out	out	IN
32027	223	46	of	of	IN
32027	223	47	customers	customer	NNS
32027	223	48	either	either	CC
32027	223	49	by	by	IN
32027	223	50	a	a	DT
32027	223	51	fixed	fix	VBN
32027	223	52	and	and	CC
32027	223	53	more	more	RBR
32027	223	54	or	or	CC
32027	223	55	less	less	RBR
32027	223	56	invariable	invariable	JJ
32027	223	57	charge	charge	NN
32027	223	58	on	on	IN
32027	223	59	drafts	draft	NNS
32027	223	60	sold	sell	VBN
32027	223	61	,	,	,
32027	223	62	or	or	CC
32027	223	63	in	in	IN
32027	223	64	other	other	JJ
32027	223	65	ways	way	NNS
32027	223	66	.	.	.
32027	224	1	Since	since	IN
32027	224	2	the	the	DT
32027	224	3	balances	balance	NNS
32027	224	4	of	of	IN
32027	224	5	the	the	DT
32027	224	6	banks	bank	NNS
32027	224	7	of	of	IN
32027	224	8	a	a	DT
32027	224	9	town	town	NN
32027	224	10	with	with	IN
32027	224	11	their	-PRON-	PRP$
32027	224	12	out	out	JJ
32027	224	13	-	-	HYPH
32027	224	14	of	of	IN
32027	224	15	-	-	HYPH
32027	224	16	town	town	NN
32027	224	17	correspondents	correspondent	NNS
32027	224	18	depend	depend	VBP
32027	224	19	primarily	primarily	RB
32027	224	20	upon	upon	IN
32027	224	21	the	the	DT
32027	224	22	commercial	commercial	JJ
32027	224	23	and	and	CC
32027	224	24	gift	gift	NN
32027	224	25	relations	relation	NNS
32027	224	26	of	of	IN
32027	224	27	their	-PRON-	PRP$
32027	224	28	customers	customer	NNS
32027	224	29	with	with	IN
32027	224	30	the	the	DT
32027	224	31	outside	outside	JJ
32027	224	32	world	world	NN
32027	224	33	,	,	,
32027	224	34	it	-PRON-	PRP
32027	224	35	is	be	VBZ
32027	224	36	pertinent	pertinent	JJ
32027	224	37	to	to	TO
32027	224	38	inquire	inquire	VB
32027	224	39	whether	whether	IN
32027	224	40	as	as	IN
32027	224	41	a	a	DT
32027	224	42	result	result	NN
32027	224	43	of	of	IN
32027	224	44	a	a	DT
32027	224	45	long	long	JJ
32027	224	46	continued	continue	VBN
32027	224	47	excess	excess	NN
32027	224	48	of	of	IN
32027	224	49	purchases	purchase	NNS
32027	224	50	from	from	IN
32027	224	51	outsiders	outsider	NNS
32027	224	52	over	over	IN
32027	224	53	sales	sale	NNS
32027	224	54	to	to	IN
32027	224	55	them	-PRON-	PRP
32027	224	56	and	and	CC
32027	224	57	of	of	IN
32027	224	58	gifts	gift	NNS
32027	224	59	to	to	IN
32027	224	60	over	over	IN
32027	224	61	gifts	gift	NNS
32027	224	62	from	from	IN
32027	224	63	them	-PRON-	PRP
32027	224	64	,	,	,
32027	224	65	the	the	DT
32027	224	66	cash	cash	NN
32027	224	67	resources	resource	NNS
32027	224	68	of	of	IN
32027	224	69	a	a	DT
32027	224	70	community	community	NN
32027	224	71	might	may	MD
32027	224	72	not	not	RB
32027	224	73	be	be	VB
32027	224	74	completely	completely	RB
32027	224	75	exhausted	exhaust	VBN
32027	224	76	,	,	,
32027	224	77	and	and	CC
32027	224	78	if	if	IN
32027	224	79	not	not	RB
32027	224	80	,	,	,
32027	224	81	how	how	WRB
32027	224	82	such	such	PDT
32027	224	83	an	an	DT
32027	224	84	outcome	outcome	NN
32027	224	85	is	be	VBZ
32027	224	86	prevented	prevent	VBN
32027	224	87	.	.	.
32027	225	1	Bankers	banker	NNS
32027	225	2	have	have	VBP
32027	225	3	no	no	DT
32027	225	4	direct	direct	JJ
32027	225	5	control	control	NN
32027	225	6	over	over	IN
32027	225	7	the	the	DT
32027	225	8	purchases	purchase	NNS
32027	225	9	and	and	CC
32027	225	10	sales	sale	NNS
32027	225	11	of	of	IN
32027	225	12	their	-PRON-	PRP$
32027	225	13	customers	customer	NNS
32027	225	14	,	,	,
32027	225	15	but	but	CC
32027	225	16	through	through	IN
32027	225	17	the	the	DT
32027	225	18	rate	rate	NN
32027	225	19	of	of	IN
32027	225	20	interest	interest	NN
32027	225	21	they	-PRON-	PRP
32027	225	22	charge	charge	VBP
32027	225	23	on	on	IN
32027	225	24	loans	loan	NNS
32027	225	25	and	and	CC
32027	225	26	discounts	discount	NNS
32027	225	27	and	and	CC
32027	225	28	their	-PRON-	PRP$
32027	225	29	ability	ability	NN
32027	225	30	absolutely	absolutely	RB
32027	225	31	to	to	TO
32027	225	32	discontinue	discontinue	VB
32027	225	33	such	such	JJ
32027	225	34	accommodations	accommodation	NNS
32027	225	35	they	-PRON-	PRP
32027	225	36	exert	exert	VBP
32027	225	37	a	a	DT
32027	225	38	very	very	RB
32027	225	39	potent	potent	JJ
32027	225	40	indirect	indirect	JJ
32027	225	41	influence	influence	NN
32027	225	42	.	.	.
32027	226	1	The	the	DT
32027	226	2	rates	rate	NNS
32027	226	3	of	of	IN
32027	226	4	interest	interest	NN
32027	226	5	and	and	CC
32027	226	6	discount	discount	NN
32027	226	7	charged	charge	VBN
32027	226	8	are	be	VBP
32027	226	9	an	an	DT
32027	226	10	important	important	JJ
32027	226	11	element	element	NN
32027	226	12	in	in	IN
32027	226	13	the	the	DT
32027	226	14	cost	cost	NN
32027	226	15	of	of	IN
32027	226	16	doing	do	VBG
32027	226	17	business	business	NN
32027	226	18	and	and	CC
32027	226	19	,	,	,
32027	226	20	if	if	IN
32027	226	21	loaning	loan	VBG
32027	226	22	and	and	CC
32027	226	23	discounting	discount	VBG
32027	226	24	is	be	VBZ
32027	226	25	discontinued	discontinue	VBN
32027	226	26	,	,	,
32027	226	27	sales	sale	NNS
32027	226	28	of	of	IN
32027	226	29	property	property	NN
32027	226	30	to	to	TO
32027	226	31	meet	meet	VB
32027	226	32	maturing	mature	VBG
32027	226	33	obligations	obligation	NNS
32027	226	34	are	be	VBP
32027	226	35	forced	force	VBN
32027	226	36	,	,	,
32027	226	37	with	with	IN
32027	226	38	the	the	DT
32027	226	39	result	result	NN
32027	226	40	of	of	IN
32027	226	41	price	price	NN
32027	226	42	readjustments	readjustment	NNS
32027	226	43	between	between	IN
32027	226	44	the	the	DT
32027	226	45	town	town	NN
32027	226	46	in	in	IN
32027	226	47	question	question	NN
32027	226	48	and	and	CC
32027	226	49	the	the	DT
32027	226	50	outside	outside	JJ
32027	226	51	world	world	NN
32027	226	52	which	which	WDT
32027	226	53	speedily	speedily	RB
32027	226	54	change	change	VBP
32027	226	55	the	the	DT
32027	226	56	relations	relation	NNS
32027	226	57	between	between	IN
32027	226	58	purchases	purchase	NNS
32027	226	59	and	and	CC
32027	226	60	sales	sale	NNS
32027	226	61	.	.	.
32027	227	1	When	when	WRB
32027	227	2	the	the	DT
32027	227	3	cash	cash	NN
32027	227	4	resources	resource	NNS
32027	227	5	of	of	IN
32027	227	6	the	the	DT
32027	227	7	banks	bank	NNS
32027	227	8	of	of	IN
32027	227	9	a	a	DT
32027	227	10	town	town	NN
32027	227	11	approach	approach	NN
32027	227	12	the	the	DT
32027	227	13	limit	limit	NN
32027	227	14	of	of	IN
32027	227	15	safety	safety	NN
32027	227	16	and	and	CC
32027	227	17	their	-PRON-	PRP$
32027	227	18	balances	balance	NNS
32027	227	19	with	with	IN
32027	227	20	their	-PRON-	PRP$
32027	227	21	correspondents	correspondent	NNS
32027	227	22	fall	fall	VBP
32027	227	23	to	to	IN
32027	227	24	an	an	DT
32027	227	25	ominously	ominously	RB
32027	227	26	low	low	JJ
32027	227	27	point	point	NN
32027	227	28	,	,	,
32027	227	29	the	the	DT
32027	227	30	normal	normal	JJ
32027	227	31	method	method	NN
32027	227	32	of	of	IN
32027	227	33	procedure	procedure	NN
32027	227	34	is	be	VBZ
32027	227	35	to	to	TO
32027	227	36	raise	raise	VB
32027	227	37	the	the	DT
32027	227	38	rates	rate	NNS
32027	227	39	on	on	IN
32027	227	40	loans	loan	NNS
32027	227	41	and	and	CC
32027	227	42	discounts	discount	NNS
32027	227	43	,	,	,
32027	227	44	and	and	CC
32027	227	45	if	if	IN
32027	227	46	conditions	condition	NNS
32027	227	47	grow	grow	VBP
32027	227	48	worse	bad	JJR
32027	227	49	,	,	,
32027	227	50	to	to	TO
32027	227	51	raise	raise	VB
32027	227	52	them	-PRON-	PRP
32027	227	53	higher	higher	RBR
32027	227	54	still	still	RB
32027	227	55	and	and	CC
32027	227	56	as	as	IN
32027	227	57	a	a	DT
32027	227	58	last	last	JJ
32027	227	59	resort	resort	NN
32027	227	60	to	to	TO
32027	227	61	cease	cease	VB
32027	227	62	temporarily	temporarily	RB
32027	227	63	to	to	TO
32027	227	64	make	make	VB
32027	227	65	them	-PRON-	PRP
32027	227	66	at	at	IN
32027	227	67	any	any	DT
32027	227	68	price	price	NN
32027	227	69	.	.	.
32027	228	1	By	by	IN
32027	228	2	increasing	increase	VBG
32027	228	3	the	the	DT
32027	228	4	cost	cost	NN
32027	228	5	of	of	IN
32027	228	6	doing	do	VBG
32027	228	7	business	business	NN
32027	228	8	this	this	DT
32027	228	9	rise	rise	NN
32027	228	10	in	in	IN
32027	228	11	the	the	DT
32027	228	12	rates	rate	NNS
32027	228	13	will	will	MD
32027	228	14	check	check	VB
32027	228	15	purchases	purchase	NNS
32027	228	16	by	by	IN
32027	228	17	diminishing	diminish	VBG
32027	228	18	or	or	CC
32027	228	19	annihilating	annihilate	VBG
32027	228	20	the	the	DT
32027	228	21	profits	profit	NNS
32027	228	22	resulting	result	VBG
32027	228	23	,	,	,
32027	228	24	and	and	CC
32027	228	25	will	will	MD
32027	228	26	stimulate	stimulate	VB
32027	228	27	sales	sale	NNS
32027	228	28	by	by	IN
32027	228	29	rendering	render	VBG
32027	228	30	it	-PRON-	PRP
32027	228	31	more	more	RBR
32027	228	32	profitable	profitable	JJ
32027	228	33	for	for	IN
32027	228	34	some	some	DT
32027	228	35	customers	customer	NNS
32027	228	36	to	to	TO
32027	228	37	secure	secure	VB
32027	228	38	funds	fund	NNS
32027	228	39	by	by	IN
32027	228	40	sales	sale	NNS
32027	228	41	to	to	IN
32027	228	42	outsiders	outsider	NNS
32027	228	43	at	at	IN
32027	228	44	lower	low	JJR
32027	228	45	prices	price	NNS
32027	228	46	than	than	IN
32027	228	47	were	be	VBD
32027	228	48	formerly	formerly	RB
32027	228	49	asked	ask	VBN
32027	228	50	rather	rather	RB
32027	228	51	than	than	IN
32027	228	52	by	by	IN
32027	228	53	borrowing	borrow	VBG
32027	228	54	from	from	IN
32027	228	55	banks	bank	NNS
32027	228	56	.	.	.
32027	229	1	Under	under	IN
32027	229	2	ordinary	ordinary	JJ
32027	229	3	circumstances	circumstance	NNS
32027	229	4	this	this	DT
32027	229	5	procedure	procedure	NN
32027	229	6	will	will	MD
32027	229	7	be	be	VB
32027	229	8	sufficient	sufficient	JJ
32027	229	9	to	to	TO
32027	229	10	change	change	VB
32027	229	11	an	an	DT
32027	229	12	unfavorable	unfavorable	NN
32027	229	13	into	into	IN
32027	229	14	a	a	DT
32027	229	15	favorable	favorable	JJ
32027	229	16	balance	balance	NN
32027	229	17	of	of	IN
32027	229	18	indebtedness	indebtedness	NN
32027	229	19	with	with	IN
32027	229	20	the	the	DT
32027	229	21	outside	outside	JJ
32027	229	22	world	world	NN
32027	229	23	,	,	,
32027	229	24	with	with	IN
32027	229	25	the	the	DT
32027	229	26	result	result	NN
32027	229	27	that	that	IN
32027	229	28	more	more	JJR
32027	229	29	checks	check	NNS
32027	229	30	on	on	IN
32027	229	31	outside	outside	JJ
32027	229	32	institutions	institution	NNS
32027	229	33	will	will	MD
32027	229	34	be	be	VB
32027	229	35	deposited	deposit	VBN
32027	229	36	with	with	IN
32027	229	37	the	the	DT
32027	229	38	banks	bank	NNS
32027	229	39	and	and	CC
32027	229	40	a	a	DT
32027	229	41	smaller	small	JJR
32027	229	42	amount	amount	NN
32027	229	43	of	of	IN
32027	229	44	drafts	draft	NNS
32027	229	45	purchased	purchase	VBN
32027	229	46	.	.	.
32027	230	1	Bankers	banker	NNS
32027	230	2	'	'	POS
32027	230	3	balances	balance	NNS
32027	230	4	with	with	IN
32027	230	5	their	-PRON-	PRP$
32027	230	6	correspondents	correspondent	NNS
32027	230	7	will	will	MD
32027	230	8	,	,	,
32027	230	9	therefore	therefore	RB
32027	230	10	,	,	,
32027	230	11	increase	increase	VB
32027	230	12	,	,	,
32027	230	13	and	and	CC
32027	230	14	with	with	IN
32027	230	15	them	-PRON-	PRP
32027	230	16	their	-PRON-	PRP$
32027	230	17	ability	ability	NN
32027	230	18	to	to	TO
32027	230	19	command	command	VB
32027	230	20	cash	cash	NN
32027	230	21	in	in	IN
32027	230	22	case	case	NN
32027	230	23	of	of	IN
32027	230	24	need	need	NN
32027	230	25	.	.	.
32027	231	1	The	the	DT
32027	231	2	demands	demand	NNS
32027	231	3	made	make	VBN
32027	231	4	upon	upon	IN
32027	231	5	them	-PRON-	PRP
32027	231	6	for	for	IN
32027	231	7	cash	cash	NN
32027	231	8	will	will	MD
32027	231	9	also	also	RB
32027	231	10	decrease	decrease	VB
32027	231	11	,	,	,
32027	231	12	since	since	IN
32027	231	13	the	the	DT
32027	231	14	volume	volume	NN
32027	231	15	of	of	IN
32027	231	16	loans	loan	NNS
32027	231	17	and	and	CC
32027	231	18	of	of	IN
32027	231	19	business	business	NN
32027	231	20	transacted	transact	VBN
32027	231	21	will	will	MD
32027	231	22	fall	fall	VB
32027	231	23	.	.	.
32027	232	1	If	if	IN
32027	232	2	the	the	DT
32027	232	3	banks	bank	NNS
32027	232	4	stop	stop	VBP
32027	232	5	discounting	discount	VBG
32027	232	6	,	,	,
32027	232	7	a	a	DT
32027	232	8	more	more	RBR
32027	232	9	or	or	CC
32027	232	10	less	less	RBR
32027	232	11	violent	violent	JJ
32027	232	12	readjustment	readjustment	NN
32027	232	13	with	with	IN
32027	232	14	the	the	DT
32027	232	15	outside	outside	JJ
32027	232	16	world	world	NN
32027	232	17	results	result	NNS
32027	232	18	.	.	.
32027	233	1	Business	business	NN
32027	233	2	men	man	NNS
32027	233	3	who	who	WP
32027	233	4	have	have	VBP
32027	233	5	obligations	obligation	NNS
32027	233	6	to	to	TO
32027	233	7	meet	meet	VB
32027	233	8	,	,	,
32027	233	9	and	and	CC
32027	233	10	most	most	JJS
32027	233	11	of	of	IN
32027	233	12	them	-PRON-	PRP
32027	233	13	will	will	MD
32027	233	14	belong	belong	VB
32027	233	15	to	to	IN
32027	233	16	this	this	DT
32027	233	17	class	class	NN
32027	233	18	,	,	,
32027	233	19	are	be	VBP
32027	233	20	obliged	oblige	VBN
32027	233	21	to	to	TO
32027	233	22	sell	sell	VB
32027	233	23	their	-PRON-	PRP$
32027	233	24	goods	good	NNS
32027	233	25	and	and	CC
32027	233	26	property	property	NN
32027	233	27	at	at	IN
32027	233	28	whatever	whatever	WDT
32027	233	29	prices	price	NNS
32027	233	30	are	be	VBP
32027	233	31	necessary	necessary	JJ
32027	233	32	and	and	CC
32027	233	33	to	to	TO
32027	233	34	stop	stop	VB
32027	233	35	purchasing	purchase	VBG
32027	233	36	entirely	entirely	RB
32027	233	37	.	.	.
32027	234	1	The	the	DT
32027	234	2	outcome	outcome	NN
32027	234	3	,	,	,
32027	234	4	so	so	RB
32027	234	5	far	far	RB
32027	234	6	as	as	IN
32027	234	7	the	the	DT
32027	234	8	banks	bank	NNS
32027	234	9	are	be	VBP
32027	234	10	concerned	concern	VBN
32027	234	11	,	,	,
32027	234	12	is	be	VBZ
32027	234	13	as	as	IN
32027	234	14	above	above	RB
32027	234	15	indicated	indicate	VBN
32027	234	16	.	.	.
32027	235	1	If	if	IN
32027	235	2	conditions	condition	NNS
32027	235	3	are	be	VBP
32027	235	4	such	such	JJ
32027	235	5	that	that	IN
32027	235	6	sales	sale	NNS
32027	235	7	at	at	IN
32027	235	8	any	any	DT
32027	235	9	price	price	NN
32027	235	10	can	can	MD
32027	235	11	not	not	RB
32027	235	12	be	be	VB
32027	235	13	forced	force	VBN
32027	235	14	,	,	,
32027	235	15	a	a	DT
32027	235	16	crisis	crisis	NN
32027	235	17	ensues	ensue	VBZ
32027	235	18	;	;	:
32027	235	19	that	that	DT
32027	235	20	is	is	RB
32027	235	21	,	,	,
32027	235	22	business	business	NN
32027	235	23	operations	operation	NNS
32027	235	24	are	be	VBP
32027	235	25	temporarily	temporarily	RB
32027	235	26	suspended	suspend	VBN
32027	235	27	and	and	CC
32027	235	28	transfers	transfer	NNS
32027	235	29	of	of	IN
32027	235	30	property	property	NN
32027	235	31	in	in	IN
32027	235	32	settlement	settlement	NN
32027	235	33	of	of	IN
32027	235	34	obligations	obligation	NNS
32027	235	35	are	be	VBP
32027	235	36	made	make	VBN
32027	235	37	through	through	IN
32027	235	38	bankruptcy	bankruptcy	NN
32027	235	39	and	and	CC
32027	235	40	other	other	JJ
32027	235	41	court	court	NN
32027	235	42	proceedings	proceeding	NNS
32027	235	43	.	.	.
32027	236	1	_	_	NNP
32027	236	2	7	7	CD
32027	236	3	.	.	.
32027	237	1	Foreign	Foreign	NNP
32027	237	2	Exchange	Exchange	NNP
32027	237	3	_	_	NNP
32027	237	4	The	the	DT
32027	237	5	business	business	NN
32027	237	6	relations	relation	NNS
32027	237	7	between	between	IN
32027	237	8	banks	bank	NNS
32027	237	9	located	locate	VBN
32027	237	10	in	in	IN
32027	237	11	different	different	JJ
32027	237	12	countries	country	NNS
32027	237	13	do	do	VBP
32027	237	14	not	not	RB
32027	237	15	differ	differ	VB
32027	237	16	in	in	IN
32027	237	17	any	any	DT
32027	237	18	essential	essential	JJ
32027	237	19	respect	respect	NN
32027	237	20	from	from	IN
32027	237	21	those	those	DT
32027	237	22	between	between	IN
32027	237	23	banks	bank	NNS
32027	237	24	located	locate	VBN
32027	237	25	in	in	IN
32027	237	26	the	the	DT
32027	237	27	same	same	JJ
32027	237	28	country	country	NN
32027	237	29	.	.	.
32027	238	1	Interchange	interchange	NN
32027	238	2	of	of	IN
32027	238	3	checks	check	NNS
32027	238	4	,	,	,
32027	238	5	the	the	DT
32027	238	6	conduct	conduct	NN
32027	238	7	of	of	IN
32027	238	8	checking	check	VBG
32027	238	9	accounts	account	NNS
32027	238	10	,	,	,
32027	238	11	shipments	shipment	NNS
32027	238	12	of	of	IN
32027	238	13	cash	cash	NN
32027	238	14	,	,	,
32027	238	15	and	and	CC
32027	238	16	borrowing	borrowing	NN
32027	238	17	and	and	CC
32027	238	18	lending	lending	NN
32027	238	19	proceed	proceed	NN
32027	238	20	in	in	IN
32027	238	21	the	the	DT
32027	238	22	same	same	JJ
32027	238	23	manner	manner	NN
32027	238	24	as	as	IN
32027	238	25	between	between	IN
32027	238	26	domestic	domestic	JJ
32027	238	27	institutions	institution	NNS
32027	238	28	.	.	.
32027	239	1	The	the	DT
32027	239	2	chief	chief	JJ
32027	239	3	peculiarities	peculiarity	NNS
32027	239	4	of	of	IN
32027	239	5	the	the	DT
32027	239	6	foreign	foreign	JJ
32027	239	7	exchanges	exchange	NNS
32027	239	8	are	be	VBP
32027	239	9	due	due	JJ
32027	239	10	to	to	IN
32027	239	11	the	the	DT
32027	239	12	fact	fact	NN
32027	239	13	that	that	IN
32027	239	14	different	different	JJ
32027	239	15	units	unit	NNS
32027	239	16	of	of	IN
32027	239	17	value	value	NN
32027	239	18	and	and	CC
32027	239	19	sometimes	sometimes	RB
32027	239	20	different	different	JJ
32027	239	21	standards	standard	NNS
32027	239	22	must	must	MD
32027	239	23	here	here	RB
32027	239	24	be	be	VB
32027	239	25	reckoned	reckon	VBN
32027	239	26	with	with	IN
32027	239	27	,	,	,
32027	239	28	and	and	CC
32027	239	29	that	that	IN
32027	239	30	the	the	DT
32027	239	31	precious	precious	JJ
32027	239	32	metals	metal	NNS
32027	239	33	,	,	,
32027	239	34	chiefly	chiefly	RB
32027	239	35	gold	gold	NN
32027	239	36	,	,	,
32027	239	37	are	be	VBP
32027	239	38	used	use	VBN
32027	239	39	in	in	IN
32027	239	40	the	the	DT
32027	239	41	settlement	settlement	NN
32027	239	42	of	of	IN
32027	239	43	balances	balance	NNS
32027	239	44	.	.	.
32027	240	1	Drafts	draft	NNS
32027	240	2	drawn	draw	VBN
32027	240	3	in	in	IN
32027	240	4	the	the	DT
32027	240	5	United	United	NNP
32027	240	6	States	States	NNP
32027	240	7	on	on	IN
32027	240	8	English	English	NNP
32027	240	9	points	point	NNS
32027	240	10	,	,	,
32027	240	11	for	for	IN
32027	240	12	example	example	NN
32027	240	13	,	,	,
32027	240	14	call	call	VB
32027	240	15	for	for	IN
32027	240	16	the	the	DT
32027	240	17	payment	payment	NN
32027	240	18	of	of	IN
32027	240	19	pounds	pound	NNS
32027	240	20	sterling	sterling	NN
32027	240	21	,	,	,
32027	240	22	those	those	DT
32027	240	23	on	on	IN
32027	240	24	French	french	JJ
32027	240	25	points	point	NNS
32027	240	26	for	for	IN
32027	240	27	francs	franc	NNS
32027	240	28	,	,	,
32027	240	29	and	and	CC
32027	240	30	those	those	DT
32027	240	31	on	on	IN
32027	240	32	German	german	JJ
32027	240	33	points	point	NNS
32027	240	34	for	for	IN
32027	240	35	marks	mark	NNS
32027	240	36	,	,	,
32027	240	37	while	while	IN
32027	240	38	all	all	DT
32027	240	39	must	must	MD
32027	240	40	be	be	VB
32027	240	41	paid	pay	VBN
32027	240	42	for	for	IN
32027	240	43	in	in	IN
32027	240	44	dollars	dollar	NNS
32027	240	45	.	.	.
32027	241	1	The	the	DT
32027	241	2	translation	translation	NN
32027	241	3	of	of	IN
32027	241	4	the	the	DT
32027	241	5	language	language	NN
32027	241	6	of	of	IN
32027	241	7	values	value	NNS
32027	241	8	of	of	IN
32027	241	9	one	one	CD
32027	241	10	country	country	NN
32027	241	11	into	into	IN
32027	241	12	that	that	DT
32027	241	13	of	of	IN
32027	241	14	others	other	NNS
32027	241	15	thus	thus	RB
32027	241	16	involved	involve	VBD
32027	241	17	requires	require	VBZ
32027	241	18	the	the	DT
32027	241	19	calculation	calculation	NN
32027	241	20	of	of	IN
32027	241	21	a	a	DT
32027	241	22	so	so	RB
32027	241	23	-	-	HYPH
32027	241	24	called	call	VBN
32027	241	25	_	_	NNP
32027	241	26	par	par	NN
32027	241	27	of	of	IN
32027	241	28	exchange	exchange	NN
32027	241	29	_	_	NNP
32027	241	30	.	.	.
32027	242	1	By	by	IN
32027	242	2	this	this	DT
32027	242	3	is	be	VBZ
32027	242	4	meant	mean	VBN
32027	242	5	the	the	DT
32027	242	6	relation	relation	NN
32027	242	7	between	between	IN
32027	242	8	the	the	DT
32027	242	9	weights	weight	NNS
32027	242	10	of	of	IN
32027	242	11	pure	pure	JJ
32027	242	12	metal	metal	NN
32027	242	13	contained	contain	VBN
32027	242	14	in	in	IN
32027	242	15	their	-PRON-	PRP$
32027	242	16	respective	respective	JJ
32027	242	17	units	unit	NNS
32027	242	18	of	of	IN
32027	242	19	value	value	NN
32027	242	20	,	,	,
32027	242	21	if	if	IN
32027	242	22	the	the	DT
32027	242	23	countries	country	NNS
32027	242	24	in	in	IN
32027	242	25	question	question	NN
32027	242	26	have	have	VBP
32027	242	27	the	the	DT
32027	242	28	same	same	JJ
32027	242	29	standard	standard	NN
32027	242	30	,	,	,
32027	242	31	and	and	CC
32027	242	32	the	the	DT
32027	242	33	relation	relation	NN
32027	242	34	between	between	IN
32027	242	35	the	the	DT
32027	242	36	market	market	NN
32027	242	37	values	value	NNS
32027	242	38	of	of	IN
32027	242	39	the	the	DT
32027	242	40	metallic	metallic	JJ
32027	242	41	content	content	NN
32027	242	42	of	of	IN
32027	242	43	their	-PRON-	PRP$
32027	242	44	units	unit	NNS
32027	242	45	,	,	,
32027	242	46	if	if	IN
32027	242	47	their	-PRON-	PRP$
32027	242	48	standards	standard	NNS
32027	242	49	are	be	VBP
32027	242	50	different	different	JJ
32027	242	51	.	.	.
32027	243	1	Thus	thus	RB
32027	243	2	the	the	DT
32027	243	3	par	par	NN
32027	243	4	of	of	IN
32027	243	5	exchange	exchange	NN
32027	243	6	between	between	IN
32027	243	7	this	this	DT
32027	243	8	country	country	NN
32027	243	9	and	and	CC
32027	243	10	England	England	NNP
32027	243	11	is	be	VBZ
32027	243	12	$	$	$
32027	243	13	4.8665	4.8665	CD
32027	243	14	,	,	,
32027	243	15	since	since	IN
32027	243	16	our	-PRON-	PRP$
32027	243	17	dollar	dollar	NN
32027	243	18	contains	contain	VBZ
32027	243	19	23.22	23.22	CD
32027	243	20	grains	grain	NNS
32027	243	21	of	of	IN
32027	243	22	pure	pure	JJ
32027	243	23	gold	gold	NN
32027	243	24	and	and	CC
32027	243	25	the	the	DT
32027	243	26	English	english	JJ
32027	243	27	pound	pound	NN
32027	243	28	sterling	sterling	NN
32027	243	29	4.8665	4.8665	CD
32027	243	30	times	time	NNS
32027	243	31	as	as	IN
32027	243	32	many	many	JJ
32027	243	33	grains	grain	NNS
32027	243	34	,	,	,
32027	243	35	or	or	CC
32027	243	36	113.0016	113.0016	RB
32027	243	37	.	.	.
32027	244	1	Our	-PRON-	PRP$
32027	244	2	par	par	NN
32027	244	3	of	of	IN
32027	244	4	exchange	exchange	NN
32027	244	5	with	with	IN
32027	244	6	France	France	NNP
32027	244	7	is	be	VBZ
32027	244	8	19.294	19.294	CD
32027	244	9	cents	cent	NNS
32027	244	10	,	,	,
32027	244	11	the	the	DT
32027	244	12	quotient	quotient	NN
32027	244	13	of	of	IN
32027	244	14	4.4802	4.4802	CD
32027	244	15	,	,	,
32027	244	16	the	the	DT
32027	244	17	number	number	NN
32027	244	18	of	of	IN
32027	244	19	grains	grain	NNS
32027	244	20	of	of	IN
32027	244	21	pure	pure	JJ
32027	244	22	gold	gold	NN
32027	244	23	in	in	IN
32027	244	24	the	the	DT
32027	244	25	French	french	JJ
32027	244	26	franc	franc	NN
32027	244	27	,	,	,
32027	244	28	divided	divide	VBN
32027	244	29	by	by	IN
32027	244	30	23.22	23.22	CD
32027	244	31	.	.	.
32027	245	1	Between	between	IN
32027	245	2	China	China	NNP
32027	245	3	and	and	CC
32027	245	4	the	the	DT
32027	245	5	United	United	NNP
32027	245	6	States	States	NNP
32027	245	7	the	the	DT
32027	245	8	par	par	NN
32027	245	9	of	of	IN
32027	245	10	exchange	exchange	NN
32027	245	11	is	be	VBZ
32027	245	12	the	the	DT
32027	245	13	market	market	NN
32027	245	14	value	value	NN
32027	245	15	in	in	IN
32027	245	16	our	-PRON-	PRP$
32027	245	17	dollars	dollar	NNS
32027	245	18	of	of	IN
32027	245	19	the	the	DT
32027	245	20	amount	amount	NN
32027	245	21	of	of	IN
32027	245	22	silver	silver	NN
32027	245	23	contained	contain	VBN
32027	245	24	in	in	IN
32027	245	25	the	the	DT
32027	245	26	tael	tael	NN
32027	245	27	,	,	,
32027	245	28	the	the	DT
32027	245	29	Chinese	chinese	JJ
32027	245	30	unit	unit	NN
32027	245	31	.	.	.
32027	246	1	Another	another	DT
32027	246	2	technical	technical	JJ
32027	246	3	term	term	NN
32027	246	4	employed	employ	VBN
32027	246	5	in	in	IN
32027	246	6	connection	connection	NN
32027	246	7	with	with	IN
32027	246	8	the	the	DT
32027	246	9	foreign	foreign	JJ
32027	246	10	exchanges	exchange	NNS
32027	246	11	is	be	VBZ
32027	246	12	_	_	NNP
32027	246	13	the	the	DT
32027	246	14	gold	gold	NN
32027	246	15	points	point	NNS
32027	246	16	_	_	NNP
32027	246	17	.	.	.
32027	247	1	These	these	DT
32027	247	2	are	be	VBP
32027	247	3	the	the	DT
32027	247	4	points	point	NNS
32027	247	5	above	above	IN
32027	247	6	and	and	CC
32027	247	7	below	below	IN
32027	247	8	the	the	DT
32027	247	9	par	par	NN
32027	247	10	of	of	IN
32027	247	11	exchange	exchange	NN
32027	247	12	fixed	fix	VBN
32027	247	13	by	by	IN
32027	247	14	the	the	DT
32027	247	15	addition	addition	NN
32027	247	16	in	in	IN
32027	247	17	the	the	DT
32027	247	18	one	one	CD
32027	247	19	case	case	NN
32027	247	20	,	,	,
32027	247	21	and	and	CC
32027	247	22	the	the	DT
32027	247	23	subtraction	subtraction	NN
32027	247	24	in	in	IN
32027	247	25	the	the	DT
32027	247	26	other	other	JJ
32027	247	27	,	,	,
32027	247	28	of	of	IN
32027	247	29	the	the	DT
32027	247	30	cost	cost	NN
32027	247	31	of	of	IN
32027	247	32	shipping	ship	VBG
32027	247	33	gold	gold	NN
32027	247	34	between	between	IN
32027	247	35	the	the	DT
32027	247	36	two	two	CD
32027	247	37	places	place	NNS
32027	247	38	in	in	IN
32027	247	39	question	question	NN
32027	247	40	.	.	.
32027	248	1	They	-PRON-	PRP
32027	248	2	are	be	VBP
32027	248	3	the	the	DT
32027	248	4	points	point	NNS
32027	248	5	between	between	IN
32027	248	6	which	which	WDT
32027	248	7	the	the	DT
32027	248	8	rates	rate	NNS
32027	248	9	of	of	IN
32027	248	10	exchange	exchange	NN
32027	248	11	fluctuate	fluctuate	NN
32027	248	12	,	,	,
32027	248	13	or	or	CC
32027	248	14	the	the	DT
32027	248	15	points	point	NNS
32027	248	16	at	at	IN
32027	248	17	which	which	WDT
32027	248	18	,	,	,
32027	248	19	when	when	WRB
32027	248	20	the	the	DT
32027	248	21	rate	rate	NN
32027	248	22	of	of	IN
32027	248	23	exchange	exchange	NN
32027	248	24	reaches	reach	VBZ
32027	248	25	them	-PRON-	PRP
32027	248	26	,	,	,
32027	248	27	gold	gold	JJ
32027	248	28	moves	move	NNS
32027	248	29	between	between	IN
32027	248	30	gold	gold	JJ
32027	248	31	standard	standard	JJ
32027	248	32	countries	country	NNS
32027	248	33	.	.	.
32027	249	1	Assuming	assume	VBG
32027	249	2	for	for	IN
32027	249	3	example	example	NN
32027	249	4	,	,	,
32027	249	5	that	that	IN
32027	249	6	the	the	DT
32027	249	7	cost	cost	NN
32027	249	8	of	of	IN
32027	249	9	shipping	ship	VBG
32027	249	10	gold	gold	NN
32027	249	11	between	between	IN
32027	249	12	New	New	NNP
32027	249	13	York	York	NNP
32027	249	14	and	and	CC
32027	249	15	London	London	NNP
32027	249	16	is	be	VBZ
32027	249	17	two	two	CD
32027	249	18	cents	cent	NNS
32027	249	19	per	per	IN
32027	249	20	pound	pound	NN
32027	249	21	sterling	sterling	NN
32027	249	22	,	,	,
32027	249	23	the	the	DT
32027	249	24	gold	gold	NN
32027	249	25	points	point	NNS
32027	249	26	are	be	VBP
32027	249	27	4.8865	4.8865	CD
32027	249	28	and	and	CC
32027	249	29	4.8465	4.8465	CD
32027	249	30	,	,	,
32027	249	31	it	-PRON-	PRP
32027	249	32	being	be	VBG
32027	249	33	profitable	profitable	JJ
32027	249	34	to	to	TO
32027	249	35	ship	ship	VB
32027	249	36	gold	gold	NN
32027	249	37	from	from	IN
32027	249	38	New	New	NNP
32027	249	39	York	York	NNP
32027	249	40	to	to	IN
32027	249	41	London	London	NNP
32027	249	42	when	when	WRB
32027	249	43	sterling	sterling	NN
32027	249	44	exchange	exchange	NN
32027	249	45	reaches	reach	VBZ
32027	249	46	the	the	DT
32027	249	47	former	former	JJ
32027	249	48	figure	figure	NN
32027	249	49	and	and	CC
32027	249	50	to	to	TO
32027	249	51	import	import	VB
32027	249	52	gold	gold	NN
32027	249	53	from	from	IN
32027	249	54	London	London	NNP
32027	249	55	when	when	WRB
32027	249	56	it	-PRON-	PRP
32027	249	57	reaches	reach	VBZ
32027	249	58	the	the	DT
32027	249	59	latter	latter	JJ
32027	249	60	figure	figure	NN
32027	249	61	.	.	.
32027	250	1	In	in	IN
32027	250	2	the	the	DT
32027	250	3	conduct	conduct	NN
32027	250	4	of	of	IN
32027	250	5	the	the	DT
32027	250	6	foreign	foreign	JJ
32027	250	7	exchanges	exchange	NNS
32027	250	8	several	several	JJ
32027	250	9	classes	class	NNS
32027	250	10	of	of	IN
32027	250	11	bills	bill	NNS
32027	250	12	are	be	VBP
32027	250	13	employed	employ	VBN
32027	250	14	upon	upon	IN
32027	250	15	which	which	WDT
32027	250	16	the	the	DT
32027	250	17	quotations	quotation	NNS
32027	250	18	differ	differ	VBP
32027	250	19	,	,	,
32027	250	20	in	in	IN
32027	250	21	part	part	NN
32027	250	22	on	on	IN
32027	250	23	account	account	NN
32027	250	24	of	of	IN
32027	250	25	differences	difference	NNS
32027	250	26	in	in	IN
32027	250	27	their	-PRON-	PRP$
32027	250	28	quality	quality	NN
32027	250	29	and	and	CC
32027	250	30	in	in	IN
32027	250	31	part	part	NN
32027	250	32	on	on	IN
32027	250	33	account	account	NN
32027	250	34	of	of	IN
32027	250	35	the	the	DT
32027	250	36	interest	interest	NN
32027	250	37	element	element	NN
32027	250	38	entering	enter	VBG
32027	250	39	into	into	IN
32027	250	40	the	the	DT
32027	250	41	value	value	NN
32027	250	42	of	of	IN
32027	250	43	time	time	NN
32027	250	44	bills	bill	NNS
32027	250	45	.	.	.
32027	251	1	For	for	IN
32027	251	2	example	example	NN
32027	251	3	,	,	,
32027	251	4	New	New	NNP
32027	251	5	York	York	NNP
32027	251	6	regularly	regularly	RB
32027	251	7	quotes	quote	VBZ
32027	251	8	on	on	IN
32027	251	9	London	London	NNP
32027	251	10	_	_	NNP
32027	251	11	cables	cable	NNS
32027	251	12	_	_	NNP
32027	251	13	,	,	,
32027	251	14	_	_	NNP
32027	251	15	demand	demand	NN
32027	251	16	_	_	NNP
32027	251	17	,	,	,
32027	251	18	and	and	CC
32027	251	19	_	_	NNP
32027	251	20	sixty	sixty	CD
32027	251	21	-	-	HYPH
32027	251	22	day	day	NN
32027	251	23	_	_	NNP
32027	251	24	bills	bill	NNS
32027	251	25	.	.	.
32027	252	1	The	the	DT
32027	252	2	rates	rate	NNS
32027	252	3	on	on	IN
32027	252	4	a	a	DT
32027	252	5	certain	certain	JJ
32027	252	6	date	date	NN
32027	252	7	were	be	VBD
32027	252	8	:	:	:
32027	252	9	Cables	cable	NNS
32027	252	10	,	,	,
32027	252	11	4.8860	4.8860	CD
32027	252	12	;	;	:
32027	252	13	demand	demand	NN
32027	252	14	,	,	,
32027	252	15	4.8790	4.8790	CD
32027	252	16	;	;	:
32027	252	17	and	and	CC
32027	252	18	sixty	sixty	CD
32027	252	19	days	day	NNS
32027	252	20	,	,	,
32027	252	21	4.8370	4.8370	CD
32027	252	22	.	.	.
32027	253	1	Inasmuch	inasmuch	IN
32027	253	2	as	as	IN
32027	253	3	these	these	DT
32027	253	4	are	be	VBP
32027	253	5	all	all	DT
32027	253	6	bankers	banker	NNS
32027	253	7	'	'	POS
32027	253	8	bills	bill	NNS
32027	253	9	and	and	CC
32027	253	10	consequently	consequently	RB
32027	253	11	of	of	IN
32027	253	12	the	the	DT
32027	253	13	same	same	JJ
32027	253	14	quality	quality	NN
32027	253	15	,	,	,
32027	253	16	the	the	DT
32027	253	17	differences	difference	NNS
32027	253	18	in	in	IN
32027	253	19	their	-PRON-	PRP$
32027	253	20	quotations	quotation	NNS
32027	253	21	are	be	VBP
32027	253	22	due	due	JJ
32027	253	23	to	to	IN
32027	253	24	the	the	DT
32027	253	25	interest	interest	NN
32027	253	26	element	element	NN
32027	253	27	and	and	CC
32027	253	28	to	to	IN
32027	253	29	the	the	DT
32027	253	30	fact	fact	NN
32027	253	31	that	that	IN
32027	253	32	in	in	IN
32027	253	33	the	the	DT
32027	253	34	case	case	NN
32027	253	35	of	of	IN
32027	253	36	the	the	DT
32027	253	37	cables	cable	NNS
32027	253	38	the	the	DT
32027	253	39	cost	cost	NN
32027	253	40	of	of	IN
32027	253	41	the	the	DT
32027	253	42	cablegram	cablegram	NN
32027	253	43	is	be	VBZ
32027	253	44	included	include	VBN
32027	253	45	.	.	.
32027	254	1	When	when	WRB
32027	254	2	a	a	DT
32027	254	3	New	New	NNP
32027	254	4	York	York	NNP
32027	254	5	banker	banker	NN
32027	254	6	sells	sell	VBZ
32027	254	7	a	a	DT
32027	254	8	cable	cable	NN
32027	254	9	on	on	IN
32027	254	10	London	London	NNP
32027	254	11	,	,	,
32027	254	12	his	-PRON-	PRP$
32027	254	13	balance	balance	NN
32027	254	14	with	with	IN
32027	254	15	his	-PRON-	PRP$
32027	254	16	correspondent	correspondent	NN
32027	254	17	is	be	VBZ
32027	254	18	reduced	reduce	VBN
32027	254	19	by	by	IN
32027	254	20	the	the	DT
32027	254	21	amount	amount	NN
32027	254	22	in	in	IN
32027	254	23	a	a	DT
32027	254	24	few	few	JJ
32027	254	25	hours	hour	NNS
32027	254	26	,	,	,
32027	254	27	and	and	CC
32027	254	28	the	the	DT
32027	254	29	interest	interest	NN
32027	254	30	he	-PRON-	PRP
32027	254	31	receives	receive	VBZ
32027	254	32	on	on	IN
32027	254	33	such	such	JJ
32027	254	34	balances	balance	NNS
32027	254	35	is	be	VBZ
32027	254	36	proportionately	proportionately	RB
32027	254	37	diminished	diminish	VBN
32027	254	38	at	at	IN
32027	254	39	once	once	RB
32027	254	40	,	,	,
32027	254	41	and	and	CC
32027	254	42	he	-PRON-	PRP
32027	254	43	is	be	VBZ
32027	254	44	also	also	RB
32027	254	45	out	out	IN
32027	254	46	the	the	DT
32027	254	47	cost	cost	NN
32027	254	48	of	of	IN
32027	254	49	the	the	DT
32027	254	50	necessary	necessary	JJ
32027	254	51	cablegram	cablegram	NN
32027	254	52	.	.	.
32027	255	1	When	when	WRB
32027	255	2	he	-PRON-	PRP
32027	255	3	sells	sell	VBZ
32027	255	4	a	a	DT
32027	255	5	demand	demand	NN
32027	255	6	bill	bill	NN
32027	255	7	,	,	,
32027	255	8	his	-PRON-	PRP$
32027	255	9	account	account	NN
32027	255	10	with	with	IN
32027	255	11	his	-PRON-	PRP$
32027	255	12	London	London	NNP
32027	255	13	correspondent	correspondent	NN
32027	255	14	remains	remain	VBZ
32027	255	15	undiminished	undiminished	JJ
32027	255	16	during	during	IN
32027	255	17	the	the	DT
32027	255	18	time	time	NN
32027	255	19	required	require	VBN
32027	255	20	for	for	IN
32027	255	21	sending	send	VBG
32027	255	22	the	the	DT
32027	255	23	bill	bill	NN
32027	255	24	by	by	IN
32027	255	25	mail	mail	NN
32027	255	26	across	across	IN
32027	255	27	the	the	DT
32027	255	28	Atlantic	Atlantic	NNP
32027	255	29	and	and	CC
32027	255	30	for	for	IN
32027	255	31	its	-PRON-	PRP$
32027	255	32	presentation	presentation	NN
32027	255	33	for	for	IN
32027	255	34	payment	payment	NN
32027	255	35	.	.	.
32027	256	1	He	-PRON-	PRP
32027	256	2	draws	draw	VBZ
32027	256	3	interest	interest	NN
32027	256	4	on	on	IN
32027	256	5	his	-PRON-	PRP$
32027	256	6	entire	entire	JJ
32027	256	7	balance	balance	NN
32027	256	8	during	during	IN
32027	256	9	this	this	DT
32027	256	10	period	period	NN
32027	256	11	.	.	.
32027	257	1	When	when	WRB
32027	257	2	he	-PRON-	PRP
32027	257	3	sells	sell	VBZ
32027	257	4	a	a	DT
32027	257	5	sixty	sixty	CD
32027	257	6	-	-	HYPH
32027	257	7	day	day	NN
32027	257	8	bill	bill	NN
32027	257	9	,	,	,
32027	257	10	his	-PRON-	PRP$
32027	257	11	balance	balance	NN
32027	257	12	does	do	VBZ
32027	257	13	not	not	RB
32027	257	14	suffer	suffer	VB
32027	257	15	diminution	diminution	NN
32027	257	16	on	on	IN
32027	257	17	its	-PRON-	PRP$
32027	257	18	account	account	NN
32027	257	19	for	for	IN
32027	257	20	sixty	sixty	CD
32027	257	21	days	day	NNS
32027	257	22	.	.	.
32027	258	1	In	in	IN
32027	258	2	order	order	NN
32027	258	3	to	to	TO
32027	258	4	place	place	VB
32027	258	5	these	these	DT
32027	258	6	bills	bill	NNS
32027	258	7	on	on	IN
32027	258	8	a	a	DT
32027	258	9	footing	footing	NN
32027	258	10	of	of	IN
32027	258	11	equality	equality	NN
32027	258	12	so	so	RB
32027	258	13	far	far	RB
32027	258	14	as	as	IN
32027	258	15	he	-PRON-	PRP
32027	258	16	is	be	VBZ
32027	258	17	concerned	concerned	JJ
32027	258	18	,	,	,
32027	258	19	therefore	therefore	RB
32027	258	20	,	,	,
32027	258	21	he	-PRON-	PRP
32027	258	22	must	must	MD
32027	258	23	quote	quote	VB
32027	258	24	demand	demand	VB
32027	258	25	and	and	CC
32027	258	26	sixty	sixty	CD
32027	258	27	-	-	HYPH
32027	258	28	day	day	NN
32027	258	29	bills	bill	NNS
32027	258	30	lower	low	JJR
32027	258	31	than	than	IN
32027	258	32	cables	cable	NNS
32027	258	33	;	;	:
32027	258	34	the	the	DT
32027	258	35	former	former	JJ
32027	258	36	by	by	IN
32027	258	37	the	the	DT
32027	258	38	cost	cost	NN
32027	258	39	of	of	IN
32027	258	40	the	the	DT
32027	258	41	cablegram	cablegram	NN
32027	258	42	plus	plus	CC
32027	258	43	interest	interest	NN
32027	258	44	on	on	IN
32027	258	45	the	the	DT
32027	258	46	amount	amount	NN
32027	258	47	of	of	IN
32027	258	48	the	the	DT
32027	258	49	bill	bill	NN
32027	258	50	,	,	,
32027	258	51	say	say	VBP
32027	258	52	for	for	IN
32027	258	53	ten	ten	CD
32027	258	54	days	day	NNS
32027	258	55	,	,	,
32027	258	56	at	at	IN
32027	258	57	the	the	DT
32027	258	58	rate	rate	NN
32027	258	59	he	-PRON-	PRP
32027	258	60	receives	receive	VBZ
32027	258	61	on	on	IN
32027	258	62	his	-PRON-	PRP$
32027	258	63	London	London	NNP
32027	258	64	balance	balance	NN
32027	258	65	,	,	,
32027	258	66	and	and	CC
32027	258	67	the	the	DT
32027	258	68	latter	latter	JJ
32027	258	69	by	by	IN
32027	258	70	the	the	DT
32027	258	71	amount	amount	NN
32027	258	72	of	of	IN
32027	258	73	the	the	DT
32027	258	74	cablegram	cablegram	NN
32027	258	75	plus	plus	CC
32027	258	76	interest	interest	NN
32027	258	77	on	on	IN
32027	258	78	the	the	DT
32027	258	79	amount	amount	NN
32027	258	80	for	for	IN
32027	258	81	sixty	sixty	CD
32027	258	82	days	day	NNS
32027	258	83	at	at	IN
32027	258	84	the	the	DT
32027	258	85	same	same	JJ
32027	258	86	rate	rate	NN
32027	258	87	.	.	.
32027	259	1	Trade	trade	NN
32027	259	2	,	,	,
32027	259	3	or	or	CC
32027	259	4	mercantile	mercantile	NN
32027	259	5	,	,	,
32027	259	6	as	as	RB
32027	259	7	well	well	RB
32027	259	8	as	as	IN
32027	259	9	bankers	banker	NNS
32027	259	10	'	'	POS
32027	259	11	bills	bill	NNS
32027	259	12	are	be	VBP
32027	259	13	also	also	RB
32027	259	14	frequently	frequently	RB
32027	259	15	and	and	CC
32027	259	16	,	,	,
32027	259	17	in	in	IN
32027	259	18	some	some	DT
32027	259	19	markets	market	NNS
32027	259	20	,	,	,
32027	259	21	regularly	regularly	RB
32027	259	22	quoted	quote	VBN
32027	259	23	.	.	.
32027	260	1	Being	be	VBG
32027	260	2	of	of	IN
32027	260	3	a	a	DT
32027	260	4	quality	quality	NN
32027	260	5	ranked	rank	VBN
32027	260	6	as	as	IN
32027	260	7	inferior	inferior	JJ
32027	260	8	to	to	IN
32027	260	9	bankers	banker	NNS
32027	260	10	'	'	POS
32027	260	11	bills	bill	NNS
32027	260	12	,	,	,
32027	260	13	they	-PRON-	PRP
32027	260	14	must	must	MD
32027	260	15	be	be	VB
32027	260	16	negotiated	negotiate	VBN
32027	260	17	at	at	IN
32027	260	18	a	a	DT
32027	260	19	lower	low	JJR
32027	260	20	rate	rate	NN
32027	260	21	and	and	CC
32027	260	22	are	be	VBP
32027	260	23	quoted	quote	VBN
32027	260	24	accordingly	accordingly	RB
32027	260	25	.	.	.
32027	261	1	CHAPTER	CHAPTER	NNP
32027	261	2	III	III	NNP
32027	261	3	THE	the	DT
32027	261	4	PROBLEMS	problem	NNS
32027	261	5	OF	of	IN
32027	261	6	COMMERCIAL	commercial	NN
32027	261	7	BANKING	banking	NN
32027	261	8	The	the	DT
32027	261	9	conduct	conduct	NN
32027	261	10	of	of	IN
32027	261	11	commercial	commercial	JJ
32027	261	12	banking	banking	NN
32027	261	13	presents	present	NNS
32027	261	14	problems	problem	NNS
32027	261	15	both	both	DT
32027	261	16	to	to	IN
32027	261	17	the	the	DT
32027	261	18	bankers	banker	NNS
32027	261	19	and	and	CC
32027	261	20	to	to	IN
32027	261	21	the	the	DT
32027	261	22	public	public	NN
32027	261	23	,	,	,
32027	261	24	the	the	DT
32027	261	25	methods	method	NNS
32027	261	26	of	of	IN
32027	261	27	solution	solution	NN
32027	261	28	of	of	IN
32027	261	29	which	which	WDT
32027	261	30	will	will	MD
32027	261	31	be	be	VB
32027	261	32	given	give	VBN
32027	261	33	attention	attention	NN
32027	261	34	at	at	IN
32027	261	35	this	this	DT
32027	261	36	point	point	NN
32027	261	37	.	.	.
32027	262	1	The	the	DT
32027	262	2	problems	problem	NNS
32027	262	3	concerning	concern	VBG
32027	262	4	the	the	DT
32027	262	5	bankers	banker	NNS
32027	262	6	primarily	primarily	RB
32027	262	7	may	may	MD
32027	262	8	be	be	VB
32027	262	9	grouped	group	VBN
32027	262	10	under	under	IN
32027	262	11	the	the	DT
32027	262	12	heads	head	NNS
32027	262	13	,	,	,
32027	262	14	supply	supply	NN
32027	262	15	of	of	IN
32027	262	16	cash	cash	NN
32027	262	17	,	,	,
32027	262	18	selection	selection	NN
32027	262	19	of	of	IN
32027	262	20	loans	loan	NNS
32027	262	21	and	and	CC
32027	262	22	discounts	discount	NNS
32027	262	23	,	,	,
32027	262	24	and	and	CC
32027	262	25	rates	rate	NNS
32027	262	26	;	;	:
32027	262	27	and	and	CC
32027	262	28	those	those	DT
32027	262	29	which	which	WDT
32027	262	30	primarily	primarily	RB
32027	262	31	concern	concern	VBP
32027	262	32	the	the	DT
32027	262	33	public	public	NN
32027	262	34	may	may	MD
32027	262	35	be	be	VB
32027	262	36	grouped	group	VBN
32027	262	37	under	under	IN
32027	262	38	the	the	DT
32027	262	39	heads	head	NNS
32027	262	40	,	,	,
32027	262	41	protection	protection	NN
32027	262	42	against	against	IN
32027	262	43	unsound	unsound	JJ
32027	262	44	practices	practice	NNS
32027	262	45	,	,	,
32027	262	46	and	and	CC
32027	262	47	adequacy	adequacy	NN
32027	262	48	and	and	CC
32027	262	49	economy	economy	NN
32027	262	50	of	of	IN
32027	262	51	service	service	NN
32027	262	52	.	.	.
32027	263	1	_	_	NNP
32027	263	2	1	1	CD
32027	263	3	.	.	.
32027	264	1	The	the	DT
32027	264	2	Supply	Supply	NNP
32027	264	3	of	of	IN
32027	264	4	Cash	Cash	NNP
32027	264	5	_	_	NNP
32027	264	6	The	the	DT
32027	264	7	credit	credit	NN
32027	264	8	balances	balance	NNS
32027	264	9	on	on	IN
32027	264	10	checking	check	VBG
32027	264	11	accounts	account	NNS
32027	264	12	and	and	CC
32027	264	13	the	the	DT
32027	264	14	notes	note	NNS
32027	264	15	of	of	IN
32027	264	16	commercial	commercial	JJ
32027	264	17	banks	bank	NNS
32027	264	18	are	be	VBP
32027	264	19	payable	payable	JJ
32027	264	20	on	on	IN
32027	264	21	demand	demand	NN
32027	264	22	in	in	IN
32027	264	23	the	the	DT
32027	264	24	legal	legal	JJ
32027	264	25	-	-	HYPH
32027	264	26	tender	tender	NN
32027	264	27	money	money	NN
32027	264	28	of	of	IN
32027	264	29	the	the	DT
32027	264	30	nation	nation	NN
32027	264	31	to	to	TO
32027	264	32	which	which	WDT
32027	264	33	they	-PRON-	PRP
32027	264	34	belong	belong	VBP
32027	264	35	,	,	,
32027	264	36	and	and	CC
32027	264	37	such	such	JJ
32027	264	38	banks	bank	NNS
32027	264	39	must	must	MD
32027	264	40	at	at	IN
32027	264	41	all	all	DT
32027	264	42	times	time	NNS
32027	264	43	be	be	VB
32027	264	44	prepared	prepared	JJ
32027	264	45	to	to	TO
32027	264	46	meet	meet	VB
32027	264	47	these	these	DT
32027	264	48	obligations	obligation	NNS
32027	264	49	.	.	.
32027	265	1	The	the	DT
32027	265	2	term	term	NN
32027	265	3	employed	employ	VBN
32027	265	4	to	to	TO
32027	265	5	designate	designate	VB
32027	265	6	the	the	DT
32027	265	7	funds	fund	NNS
32027	265	8	provided	provide	VBN
32027	265	9	for	for	IN
32027	265	10	this	this	DT
32027	265	11	purpose	purpose	NN
32027	265	12	is	be	VBZ
32027	265	13	_	_	NNP
32027	265	14	reserves	reserve	NNS
32027	265	15	_	_	NNP
32027	265	16	,	,	,
32027	265	17	and	and	CC
32027	265	18	in	in	IN
32027	265	19	this	this	DT
32027	265	20	country	country	NN
32027	265	21	they	-PRON-	PRP
32027	265	22	consist	consist	VBP
32027	265	23	of	of	IN
32027	265	24	money	money	NN
32027	265	25	kept	keep	VBN
32027	265	26	on	on	IN
32027	265	27	hand	hand	NN
32027	265	28	and	and	CC
32027	265	29	of	of	IN
32027	265	30	credit	credit	NN
32027	265	31	balances	balance	NNS
32027	265	32	in	in	IN
32027	265	33	other	other	JJ
32027	265	34	banks	bank	NNS
32027	265	35	.	.	.
32027	266	1	In	in	IN
32027	266	2	other	other	JJ
32027	266	3	countries	country	NNS
32027	266	4	there	there	EX
32027	266	5	is	be	VBZ
32027	266	6	also	also	RB
32027	266	7	included	include	VBN
32027	266	8	under	under	IN
32027	266	9	this	this	DT
32027	266	10	head	head	NN
32027	266	11	commercial	commercial	JJ
32027	266	12	bills	bill	NNS
32027	266	13	of	of	IN
32027	266	14	the	the	DT
32027	266	15	kind	kind	NN
32027	266	16	which	which	WDT
32027	266	17	can	can	MD
32027	266	18	always	always	RB
32027	266	19	be	be	VB
32027	266	20	discounted	discount	VBN
32027	266	21	.	.	.
32027	267	1	The	the	DT
32027	267	2	term	term	NN
32027	267	3	_	_	NNP
32027	267	4	secondary	secondary	JJ
32027	267	5	reserve	reserve	NN
32027	267	6	_	_	NNP
32027	267	7	is	be	VBZ
32027	267	8	sometimes	sometimes	RB
32027	267	9	employed	employ	VBN
32027	267	10	in	in	IN
32027	267	11	this	this	DT
32027	267	12	country	country	NN
32027	267	13	to	to	TO
32027	267	14	designate	designate	VB
32027	267	15	certain	certain	JJ
32027	267	16	securities	security	NNS
32027	267	17	,	,	,
32027	267	18	such	such	JJ
32027	267	19	as	as	IN
32027	267	20	high	high	JJ
32027	267	21	-	-	HYPH
32027	267	22	class	class	NN
32027	267	23	bonds	bond	NNS
32027	267	24	listed	list	VBN
32027	267	25	on	on	IN
32027	267	26	the	the	DT
32027	267	27	stock	stock	NN
32027	267	28	exchanges	exchange	NNS
32027	267	29	,	,	,
32027	267	30	which	which	WDT
32027	267	31	can	can	MD
32027	267	32	be	be	VB
32027	267	33	sold	sell	VBN
32027	267	34	readily	readily	RB
32027	267	35	for	for	IN
32027	267	36	cash	cash	NN
32027	267	37	in	in	IN
32027	267	38	case	case	NN
32027	267	39	of	of	IN
32027	267	40	need	need	NN
32027	267	41	.	.	.
32027	268	1	The	the	DT
32027	268	2	amount	amount	NN
32027	268	3	of	of	IN
32027	268	4	reserve	reserve	NN
32027	268	5	required	require	VBN
32027	268	6	can	can	MD
32027	268	7	be	be	VB
32027	268	8	determined	determine	VBN
32027	268	9	only	only	RB
32027	268	10	by	by	IN
32027	268	11	experience	experience	NN
32027	268	12	.	.	.
32027	269	1	In	in	IN
32027	269	2	ordinary	ordinary	JJ
32027	269	3	times	time	NNS
32027	269	4	it	-PRON-	PRP
32027	269	5	depends	depend	VBZ
32027	269	6	chiefly	chiefly	RB
32027	269	7	upon	upon	IN
32027	269	8	the	the	DT
32027	269	9	habits	habit	NNS
32027	269	10	of	of	IN
32027	269	11	the	the	DT
32027	269	12	community	community	NN
32027	269	13	in	in	IN
32027	269	14	which	which	WDT
32027	269	15	the	the	DT
32027	269	16	bank	bank	NN
32027	269	17	is	be	VBZ
32027	269	18	located	locate	VBN
32027	269	19	regarding	regard	VBG
32027	269	20	the	the	DT
32027	269	21	use	use	NN
32027	269	22	of	of	IN
32027	269	23	hand	hand	NN
32027	269	24	-	-	HYPH
32027	269	25	to	to	IN
32027	269	26	-	-	HYPH
32027	269	27	hand	hand	NN
32027	269	28	money	money	NN
32027	269	29	as	as	IN
32027	269	30	distinguished	distinguish	VBN
32027	269	31	from	from	IN
32027	269	32	checks	check	NNS
32027	269	33	and	and	CC
32027	269	34	upon	upon	IN
32027	269	35	the	the	DT
32027	269	36	character	character	NN
32027	269	37	of	of	IN
32027	269	38	its	-PRON-	PRP$
32027	269	39	customers	customer	NNS
32027	269	40	.	.	.
32027	270	1	These	these	DT
32027	270	2	habits	habit	NNS
32027	270	3	differ	differ	VBP
32027	270	4	widely	widely	RB
32027	270	5	in	in	IN
32027	270	6	different	different	JJ
32027	270	7	nations	nation	NNS
32027	270	8	,	,	,
32027	270	9	and	and	CC
32027	270	10	considerably	considerably	RB
32027	270	11	in	in	IN
32027	270	12	the	the	DT
32027	270	13	different	different	JJ
32027	270	14	sections	section	NNS
32027	270	15	and	and	CC
32027	270	16	classes	class	NNS
32027	270	17	of	of	IN
32027	270	18	the	the	DT
32027	270	19	same	same	JJ
32027	270	20	nation	nation	NN
32027	270	21	.	.	.
32027	271	1	In	in	IN
32027	271	2	most	most	JJS
32027	271	3	European	european	JJ
32027	271	4	and	and	CC
32027	271	5	Oriental	oriental	JJ
32027	271	6	countries	country	NNS
32027	271	7	,	,	,
32027	271	8	for	for	IN
32027	271	9	example	example	NN
32027	271	10	,	,	,
32027	271	11	checks	check	NNS
32027	271	12	are	be	VBP
32027	271	13	little	little	RB
32027	271	14	used	use	VBN
32027	271	15	by	by	IN
32027	271	16	the	the	DT
32027	271	17	masses	masse	NNS
32027	271	18	of	of	IN
32027	271	19	the	the	DT
32027	271	20	people	people	NNS
32027	271	21	,	,	,
32027	271	22	while	while	IN
32027	271	23	in	in	IN
32027	271	24	the	the	DT
32027	271	25	United	United	NNP
32027	271	26	States	States	NNP
32027	271	27	and	and	CC
32027	271	28	England	England	NNP
32027	271	29	they	-PRON-	PRP
32027	271	30	are	be	VBP
32027	271	31	widely	widely	RB
32027	271	32	used	use	VBN
32027	271	33	.	.	.
32027	272	1	In	in	IN
32027	272	2	these	these	DT
32027	272	3	latter	latter	JJ
32027	272	4	countries	country	NNS
32027	272	5	,	,	,
32027	272	6	however	however	RB
32027	272	7	,	,	,
32027	272	8	they	-PRON-	PRP
32027	272	9	are	be	VBP
32027	272	10	less	less	RBR
32027	272	11	widely	widely	RB
32027	272	12	used	use	VBN
32027	272	13	by	by	IN
32027	272	14	people	people	NNS
32027	272	15	in	in	IN
32027	272	16	the	the	DT
32027	272	17	country	country	NN
32027	272	18	than	than	IN
32027	272	19	in	in	IN
32027	272	20	the	the	DT
32027	272	21	cities	city	NNS
32027	272	22	,	,	,
32027	272	23	and	and	CC
32027	272	24	by	by	IN
32027	272	25	the	the	DT
32027	272	26	laboring	laboring	NN
32027	272	27	than	than	IN
32027	272	28	the	the	DT
32027	272	29	other	other	JJ
32027	272	30	classes	class	NNS
32027	272	31	in	in	IN
32027	272	32	the	the	DT
32027	272	33	cities	city	NNS
32027	272	34	.	.	.
32027	273	1	Within	within	IN
32027	273	2	the	the	DT
32027	273	3	same	same	JJ
32027	273	4	city	city	NN
32027	273	5	one	one	CD
32027	273	6	bank	bank	NN
32027	273	7	may	may	MD
32027	273	8	need	need	VB
32027	273	9	to	to	TO
32027	273	10	keep	keep	VB
32027	273	11	larger	large	JJR
32027	273	12	reserves	reserve	NNS
32027	273	13	than	than	IN
32027	273	14	another	another	DT
32027	273	15	on	on	IN
32027	273	16	account	account	NN
32027	273	17	of	of	IN
32027	273	18	the	the	DT
32027	273	19	peculiarities	peculiarity	NNS
32027	273	20	of	of	IN
32027	273	21	the	the	DT
32027	273	22	lines	line	NNS
32027	273	23	of	of	IN
32027	273	24	business	business	NN
32027	273	25	carried	carry	VBN
32027	273	26	on	on	RP
32027	273	27	by	by	IN
32027	273	28	its	-PRON-	PRP$
32027	273	29	customers	customer	NNS
32027	273	30	and	and	CC
32027	273	31	the	the	DT
32027	273	32	classes	class	NNS
32027	273	33	of	of	IN
32027	273	34	people	people	NNS
32027	273	35	with	with	IN
32027	273	36	whom	whom	WP
32027	273	37	it	-PRON-	PRP
32027	273	38	deals	deal	VBZ
32027	273	39	.	.	.
32027	274	1	In	in	IN
32027	274	2	times	time	NNS
32027	274	3	of	of	IN
32027	274	4	crisis	crisis	NN
32027	274	5	and	and	CC
32027	274	6	other	other	JJ
32027	274	7	periods	period	NNS
32027	274	8	of	of	IN
32027	274	9	extraordinary	extraordinary	JJ
32027	274	10	demand	demand	NN
32027	274	11	,	,	,
32027	274	12	bank	bank	NN
32027	274	13	reserves	reserve	NNS
32027	274	14	must	must	MD
32027	274	15	be	be	VB
32027	274	16	much	much	RB
32027	274	17	larger	large	JJR
32027	274	18	than	than	IN
32027	274	19	in	in	IN
32027	274	20	ordinary	ordinary	JJ
32027	274	21	times	time	NNS
32027	274	22	.	.	.
32027	275	1	Hoarding	Hoarding	NNP
32027	275	2	,	,	,
32027	275	3	unusually	unusually	RB
32027	275	4	large	large	JJ
32027	275	5	shipments	shipment	NNS
32027	275	6	of	of	IN
32027	275	7	money	money	NN
32027	275	8	to	to	IN
32027	275	9	foreign	foreign	JJ
32027	275	10	countries	country	NNS
32027	275	11	and	and	CC
32027	275	12	between	between	IN
32027	275	13	different	different	JJ
32027	275	14	sections	section	NNS
32027	275	15	of	of	IN
32027	275	16	the	the	DT
32027	275	17	same	same	JJ
32027	275	18	country	country	NN
32027	275	19	,	,	,
32027	275	20	and	and	CC
32027	275	21	payments	payment	NNS
32027	275	22	of	of	IN
32027	275	23	unusual	unusual	JJ
32027	275	24	magnitude	magnitude	NN
32027	275	25	,	,	,
32027	275	26	increase	increase	VB
32027	275	27	the	the	DT
32027	275	28	demands	demand	NNS
32027	275	29	for	for	IN
32027	275	30	cash	cash	NN
32027	275	31	made	make	VBN
32027	275	32	upon	upon	IN
32027	275	33	banks	bank	NNS
32027	275	34	at	at	IN
32027	275	35	such	such	JJ
32027	275	36	times	time	NNS
32027	275	37	.	.	.
32027	276	1	The	the	DT
32027	276	2	manner	manner	NN
32027	276	3	in	in	IN
32027	276	4	which	which	WDT
32027	276	5	clearing	clearing	NN
32027	276	6	and	and	CC
32027	276	7	other	other	JJ
32027	276	8	balances	balance	NNS
32027	276	9	between	between	IN
32027	276	10	banks	bank	NNS
32027	276	11	are	be	VBP
32027	276	12	met	meet	VBN
32027	276	13	also	also	RB
32027	276	14	has	have	VBZ
32027	276	15	an	an	DT
32027	276	16	influence	influence	NN
32027	276	17	on	on	IN
32027	276	18	the	the	DT
32027	276	19	amount	amount	NN
32027	276	20	of	of	IN
32027	276	21	reserves	reserve	NNS
32027	276	22	required	require	VBN
32027	276	23	.	.	.
32027	277	1	If	if	IN
32027	277	2	such	such	JJ
32027	277	3	balances	balance	NNS
32027	277	4	are	be	VBP
32027	277	5	paid	pay	VBN
32027	277	6	daily	daily	RB
32027	277	7	and	and	CC
32027	277	8	always	always	RB
32027	277	9	in	in	IN
32027	277	10	cash	cash	NN
32027	277	11	,	,	,
32027	277	12	the	the	DT
32027	277	13	amount	amount	NN
32027	277	14	needed	need	VBN
32027	277	15	for	for	IN
32027	277	16	this	this	DT
32027	277	17	purpose	purpose	NN
32027	277	18	is	be	VBZ
32027	277	19	much	much	RB
32027	277	20	larger	large	JJR
32027	277	21	than	than	IN
32027	277	22	if	if	IN
32027	277	23	they	-PRON-	PRP
32027	277	24	are	be	VBP
32027	277	25	paid	pay	VBN
32027	277	26	in	in	IN
32027	277	27	checks	check	NNS
32027	277	28	on	on	IN
32027	277	29	some	some	DT
32027	277	30	one	one	CD
32027	277	31	or	or	CC
32027	277	32	a	a	DT
32027	277	33	few	few	JJ
32027	277	34	institutions	institution	NNS
32027	277	35	and	and	CC
32027	277	36	at	at	IN
32027	277	37	longer	long	JJR
32027	277	38	intervals	interval	NNS
32027	277	39	.	.	.
32027	278	1	The	the	DT
32027	278	2	note	note	NN
32027	278	3	issue	issue	NN
32027	278	4	privileges	privilege	NNS
32027	278	5	of	of	IN
32027	278	6	a	a	DT
32027	278	7	bank	bank	NN
32027	278	8	also	also	RB
32027	278	9	affect	affect	VB
32027	278	10	its	-PRON-	PRP$
32027	278	11	reserve	reserve	NN
32027	278	12	requirements	requirement	NNS
32027	278	13	.	.	.
32027	279	1	Since	since	IN
32027	279	2	,	,	,
32027	279	3	if	if	IN
32027	279	4	not	not	RB
32027	279	5	prohibited	prohibit	VBN
32027	279	6	by	by	IN
32027	279	7	law	law	NN
32027	279	8	,	,	,
32027	279	9	notes	note	NNS
32027	279	10	may	may	MD
32027	279	11	be	be	VB
32027	279	12	issued	issue	VBN
32027	279	13	in	in	IN
32027	279	14	all	all	DT
32027	279	15	denominations	denomination	NNS
32027	279	16	needed	need	VBN
32027	279	17	for	for	IN
32027	279	18	hand	hand	NN
32027	279	19	-	-	HYPH
32027	279	20	to	to	IN
32027	279	21	-	-	HYPH
32027	279	22	hand	hand	NN
32027	279	23	circulation	circulation	NN
32027	279	24	within	within	IN
32027	279	25	a	a	DT
32027	279	26	nation	nation	NN
32027	279	27	,	,	,
32027	279	28	and	and	CC
32027	279	29	since	since	IN
32027	279	30	for	for	IN
32027	279	31	all	all	DT
32027	279	32	purposes	purpose	NNS
32027	279	33	except	except	IN
32027	279	34	small	small	JJ
32027	279	35	change	change	NN
32027	279	36	such	such	JJ
32027	279	37	notes	note	NNS
32027	279	38	are	be	VBP
32027	279	39	as	as	RB
32027	279	40	convenient	convenient	JJ
32027	279	41	as	as	IN
32027	279	42	any	any	DT
32027	279	43	other	other	JJ
32027	279	44	form	form	NN
32027	279	45	of	of	IN
32027	279	46	currency	currency	NN
32027	279	47	,	,	,
32027	279	48	a	a	DT
32027	279	49	bank	bank	NN
32027	279	50	with	with	IN
32027	279	51	unrestricted	unrestricted	JJ
32027	279	52	issue	issue	NN
32027	279	53	privileges	privilege	NNS
32027	279	54	can	can	MD
32027	279	55	supply	supply	VB
32027	279	56	all	all	PDT
32027	279	57	the	the	DT
32027	279	58	demands	demand	NNS
32027	279	59	of	of	IN
32027	279	60	its	-PRON-	PRP$
32027	279	61	customers	customer	NNS
32027	279	62	for	for	IN
32027	279	63	currency	currency	NN
32027	279	64	for	for	IN
32027	279	65	domestic	domestic	JJ
32027	279	66	use	use	NN
32027	279	67	,	,	,
32027	279	68	except	except	IN
32027	279	69	those	those	DT
32027	279	70	for	for	IN
32027	279	71	small	small	JJ
32027	279	72	change	change	NN
32027	279	73	,	,	,
32027	279	74	without	without	IN
32027	279	75	resort	resort	NN
32027	279	76	to	to	IN
32027	279	77	outside	outside	JJ
32027	279	78	sources	source	NNS
32027	279	79	of	of	IN
32027	279	80	supply	supply	NN
32027	279	81	.	.	.
32027	280	1	In	in	IN
32027	280	2	this	this	DT
32027	280	3	case	case	NN
32027	280	4	,	,	,
32027	280	5	however	however	RB
32027	280	6	,	,	,
32027	280	7	it	-PRON-	PRP
32027	280	8	needs	need	VBZ
32027	280	9	to	to	TO
32027	280	10	keep	keep	VB
32027	280	11	a	a	DT
32027	280	12	reserve	reserve	NN
32027	280	13	in	in	IN
32027	280	14	order	order	NN
32027	280	15	to	to	TO
32027	280	16	meet	meet	VB
32027	280	17	demands	demand	NNS
32027	280	18	for	for	IN
32027	280	19	the	the	DT
32027	280	20	redemption	redemption	NN
32027	280	21	of	of	IN
32027	280	22	notes	note	NNS
32027	280	23	.	.	.
32027	281	1	Such	such	JJ
32027	281	2	demands	demand	NNS
32027	281	3	arise	arise	VBP
32027	281	4	on	on	IN
32027	281	5	account	account	NN
32027	281	6	of	of	IN
32027	281	7	the	the	DT
32027	281	8	need	need	NN
32027	281	9	of	of	IN
32027	281	10	coin	coin	NN
32027	281	11	for	for	IN
32027	281	12	small	small	JJ
32027	281	13	change	change	NN
32027	281	14	or	or	CC
32027	281	15	for	for	IN
32027	281	16	shipment	shipment	NN
32027	281	17	abroad	abroad	RB
32027	281	18	or	or	CC
32027	281	19	of	of	IN
32027	281	20	means	mean	NNS
32027	281	21	for	for	IN
32027	281	22	meeting	meet	VBG
32027	281	23	domestic	domestic	JJ
32027	281	24	clearing	clearing	NN
32027	281	25	and	and	CC
32027	281	26	other	other	JJ
32027	281	27	bank	bank	NN
32027	281	28	balances	balance	NNS
32027	281	29	.	.	.
32027	282	1	The	the	DT
32027	282	2	aggregate	aggregate	NN
32027	282	3	needed	need	VBD
32027	282	4	for	for	IN
32027	282	5	the	the	DT
32027	282	6	supply	supply	NN
32027	282	7	of	of	IN
32027	282	8	such	such	JJ
32027	282	9	demands	demand	NNS
32027	282	10	,	,	,
32027	282	11	however	however	RB
32027	282	12	,	,	,
32027	282	13	is	be	VBZ
32027	282	14	much	much	RB
32027	282	15	less	less	JJR
32027	282	16	than	than	IN
32027	282	17	would	would	MD
32027	282	18	be	be	VB
32027	282	19	required	require	VBN
32027	282	20	if	if	IN
32027	282	21	the	the	DT
32027	282	22	privilege	privilege	NN
32027	282	23	of	of	IN
32027	282	24	issuing	issuing	NN
32027	282	25	notes	note	NNS
32027	282	26	did	do	VBD
32027	282	27	not	not	RB
32027	282	28	exist	exist	VB
32027	282	29	.	.	.
32027	283	1	In	in	IN
32027	283	2	the	the	DT
32027	283	3	maintenance	maintenance	NN
32027	283	4	of	of	IN
32027	283	5	reserves	reserve	NNS
32027	283	6	the	the	DT
32027	283	7	chief	chief	JJ
32027	283	8	reliance	reliance	NN
32027	283	9	of	of	IN
32027	283	10	commercial	commercial	JJ
32027	283	11	banks	bank	NNS
32027	283	12	is	be	VBZ
32027	283	13	the	the	DT
32027	283	14	circulation	circulation	NN
32027	283	15	of	of	IN
32027	283	16	standard	standard	JJ
32027	283	17	coin	coin	NN
32027	283	18	within	within	IN
32027	283	19	a	a	DT
32027	283	20	nation	nation	NN
32027	283	21	and	and	CC
32027	283	22	the	the	DT
32027	283	23	importation	importation	NN
32027	283	24	of	of	IN
32027	283	25	such	such	JJ
32027	283	26	coin	coin	NN
32027	283	27	.	.	.
32027	284	1	The	the	DT
32027	284	2	coin	coin	NN
32027	284	3	within	within	IN
32027	284	4	the	the	DT
32027	284	5	borders	border	NNS
32027	284	6	of	of	IN
32027	284	7	a	a	DT
32027	284	8	nation	nation	NN
32027	284	9	passes	pass	VBZ
32027	284	10	regularly	regularly	RB
32027	284	11	into	into	IN
32027	284	12	the	the	DT
32027	284	13	vaults	vault	NNS
32027	284	14	of	of	IN
32027	284	15	banks	bank	NNS
32027	284	16	by	by	IN
32027	284	17	the	the	DT
32027	284	18	process	process	NN
32027	284	19	of	of	IN
32027	284	20	deposit	deposit	NN
32027	284	21	,	,	,
32027	284	22	and	and	CC
32027	284	23	on	on	IN
32027	284	24	account	account	NN
32027	284	25	of	of	IN
32027	284	26	the	the	DT
32027	284	27	credit	credit	NN
32027	284	28	balances	balance	NNS
32027	284	29	they	-PRON-	PRP
32027	284	30	carry	carry	VBP
32027	284	31	with	with	IN
32027	284	32	foreign	foreign	JJ
32027	284	33	institutions	institution	NNS
32027	284	34	,	,	,
32027	284	35	the	the	DT
32027	284	36	loans	loan	NNS
32027	284	37	they	-PRON-	PRP
32027	284	38	are	be	VBP
32027	284	39	able	able	JJ
32027	284	40	to	to	TO
32027	284	41	secure	secure	VB
32027	284	42	from	from	IN
32027	284	43	them	-PRON-	PRP
32027	284	44	,	,	,
32027	284	45	the	the	DT
32027	284	46	commercial	commercial	JJ
32027	284	47	paper	paper	NN
32027	284	48	they	-PRON-	PRP
32027	284	49	hold	hold	VBP
32027	284	50	which	which	WDT
32027	284	51	is	be	VBZ
32027	284	52	discountable	discountable	JJ
32027	284	53	in	in	IN
32027	284	54	foreign	foreign	JJ
32027	284	55	markets	market	NNS
32027	284	56	,	,	,
32027	284	57	and	and	CC
32027	284	58	the	the	DT
32027	284	59	bonds	bond	NNS
32027	284	60	and	and	CC
32027	284	61	stocks	stock	NNS
32027	284	62	sometimes	sometimes	RB
32027	284	63	in	in	IN
32027	284	64	their	-PRON-	PRP$
32027	284	65	possession	possession	NN
32027	284	66	which	which	WDT
32027	284	67	are	be	VBP
32027	284	68	salable	salable	JJ
32027	284	69	there	there	RB
32027	284	70	,	,	,
32027	284	71	they	-PRON-	PRP
32027	284	72	are	be	VBP
32027	284	73	able	able	JJ
32027	284	74	to	to	TO
32027	284	75	import	import	VB
32027	284	76	large	large	JJ
32027	284	77	quantities	quantity	NNS
32027	284	78	in	in	IN
32027	284	79	case	case	NN
32027	284	80	of	of	IN
32027	284	81	need	need	NN
32027	284	82	.	.	.
32027	285	1	Since	since	IN
32027	285	2	the	the	DT
32027	285	3	standard	standard	JJ
32027	285	4	coin	coin	NN
32027	285	5	in	in	IN
32027	285	6	existence	existence	NN
32027	285	7	in	in	IN
32027	285	8	the	the	DT
32027	285	9	world	world	NN
32027	285	10	adjusts	adjust	VBZ
32027	285	11	itself	-PRON-	PRP
32027	285	12	to	to	IN
32027	285	13	the	the	DT
32027	285	14	need	need	NN
32027	285	15	for	for	IN
32027	285	16	it	-PRON-	PRP
32027	285	17	in	in	IN
32027	285	18	substantially	substantially	RB
32027	285	19	the	the	DT
32027	285	20	same	same	JJ
32027	285	21	manner	manner	NN
32027	285	22	that	that	WDT
32027	285	23	the	the	DT
32027	285	24	supply	supply	NN
32027	285	25	of	of	IN
32027	285	26	any	any	DT
32027	285	27	other	other	JJ
32027	285	28	instrument	instrument	NN
32027	285	29	or	or	CC
32027	285	30	commodity	commodity	NN
32027	285	31	adjusts	adjust	NNS
32027	285	32	itself	-PRON-	PRP
32027	285	33	to	to	IN
32027	285	34	the	the	DT
32027	285	35	demand	demand	NN
32027	285	36	,	,	,
32027	285	37	banks	bank	NNS
32027	285	38	ordinarily	ordinarily	RB
32027	285	39	have	have	VBP
32027	285	40	no	no	DT
32027	285	41	difficulty	difficulty	NN
32027	285	42	in	in	IN
32027	285	43	supplying	supply	VBG
32027	285	44	their	-PRON-	PRP$
32027	285	45	needs	need	NNS
32027	285	46	,	,	,
32027	285	47	and	and	CC
32027	285	48	under	under	IN
32027	285	49	extraordinary	extraordinary	JJ
32027	285	50	circumstances	circumstance	NNS
32027	285	51	,	,	,
32027	285	52	though	though	IN
32027	285	53	difficulties	difficulty	NNS
32027	285	54	along	along	IN
32027	285	55	this	this	DT
32027	285	56	line	line	NN
32027	285	57	sometimes	sometimes	RB
32027	285	58	arise	arise	VBP
32027	285	59	,	,	,
32027	285	60	means	mean	NNS
32027	285	61	of	of	IN
32027	285	62	overcoming	overcome	VBG
32027	285	63	them	-PRON-	PRP
32027	285	64	are	be	VBP
32027	285	65	available	available	JJ
32027	285	66	which	which	WDT
32027	285	67	will	will	MD
32027	285	68	be	be	VB
32027	285	69	discussed	discuss	VBN
32027	285	70	in	in	IN
32027	285	71	the	the	DT
32027	285	72	proper	proper	JJ
32027	285	73	place	place	NN
32027	285	74	.	.	.
32027	286	1	If	if	IN
32027	286	2	,	,	,
32027	286	3	as	as	IN
32027	286	4	is	be	VBZ
32027	286	5	the	the	DT
32027	286	6	case	case	NN
32027	286	7	in	in	IN
32027	286	8	the	the	DT
32027	286	9	United	United	NNP
32027	286	10	States	States	NNP
32027	286	11	,	,	,
32027	286	12	certain	certain	JJ
32027	286	13	forms	form	NNS
32027	286	14	of	of	IN
32027	286	15	government	government	NN
32027	286	16	notes	note	NNS
32027	286	17	are	be	VBP
32027	286	18	available	available	JJ
32027	286	19	as	as	IN
32027	286	20	bank	bank	NN
32027	286	21	reserves	reserve	NNS
32027	286	22	,	,	,
32027	286	23	these	these	DT
32027	286	24	find	find	VBP
32027	286	25	their	-PRON-	PRP$
32027	286	26	way	way	NN
32027	286	27	into	into	IN
32027	286	28	the	the	DT
32027	286	29	banks	bank	NNS
32027	286	30	'	'	POS
32027	286	31	vaults	vault	NNS
32027	286	32	by	by	IN
32027	286	33	the	the	DT
32027	286	34	process	process	NN
32027	286	35	of	of	IN
32027	286	36	deposit	deposit	NN
32027	286	37	in	in	IN
32027	286	38	the	the	DT
32027	286	39	same	same	JJ
32027	286	40	manner	manner	NN
32027	286	41	as	as	IN
32027	286	42	coin	coin	NN
32027	286	43	.	.	.
32027	287	1	The	the	DT
32027	287	2	possession	possession	NN
32027	287	3	of	of	IN
32027	287	4	such	such	JJ
32027	287	5	notes	note	NNS
32027	287	6	by	by	IN
32027	287	7	a	a	DT
32027	287	8	bank	bank	NN
32027	287	9	enables	enable	VBZ
32027	287	10	it	-PRON-	PRP
32027	287	11	,	,	,
32027	287	12	to	to	IN
32027	287	13	the	the	DT
32027	287	14	extent	extent	NN
32027	287	15	of	of	IN
32027	287	16	their	-PRON-	PRP$
32027	287	17	amount	amount	NN
32027	287	18	,	,	,
32027	287	19	to	to	TO
32027	287	20	throw	throw	VB
32027	287	21	the	the	DT
32027	287	22	responsibility	responsibility	NN
32027	287	23	for	for	IN
32027	287	24	the	the	DT
32027	287	25	supply	supply	NN
32027	287	26	of	of	IN
32027	287	27	standard	standard	JJ
32027	287	28	coin	coin	NN
32027	287	29	upon	upon	IN
32027	287	30	the	the	DT
32027	287	31	government	government	NN
32027	287	32	,	,	,
32027	287	33	and	and	CC
32027	287	34	in	in	IN
32027	287	35	the	the	DT
32027	287	36	circulation	circulation	NN
32027	287	37	of	of	IN
32027	287	38	the	the	DT
32027	287	39	country	country	NN
32027	287	40	such	such	JJ
32027	287	41	notes	note	NNS
32027	287	42	take	take	VBP
32027	287	43	the	the	DT
32027	287	44	place	place	NN
32027	287	45	of	of	IN
32027	287	46	an	an	DT
32027	287	47	equivalent	equivalent	JJ
32027	287	48	amount	amount	NN
32027	287	49	of	of	IN
32027	287	50	standard	standard	JJ
32027	287	51	coin	coin	NN
32027	287	52	.	.	.
32027	288	1	Whether	whether	IN
32027	288	2	or	or	CC
32027	288	3	not	not	RB
32027	288	4	a	a	DT
32027	288	5	government	government	NN
32027	288	6	ought	ought	MD
32027	288	7	to	to	TO
32027	288	8	assume	assume	VB
32027	288	9	such	such	PDT
32027	288	10	a	a	DT
32027	288	11	responsibility	responsibility	NN
32027	288	12	is	be	VBZ
32027	288	13	a	a	DT
32027	288	14	question	question	NN
32027	288	15	which	which	WDT
32027	288	16	will	will	MD
32027	288	17	be	be	VB
32027	288	18	discussed	discuss	VBN
32027	288	19	in	in	IN
32027	288	20	a	a	DT
32027	288	21	subsequent	subsequent	JJ
32027	288	22	chapter	chapter	NN
32027	288	23	.	.	.
32027	289	1	For	for	IN
32027	289	2	the	the	DT
32027	289	3	nation	nation	NN
32027	289	4	as	as	IN
32027	289	5	a	a	DT
32027	289	6	whole	whole	NN
32027	289	7	,	,	,
32027	289	8	the	the	DT
32027	289	9	balances	balance	NNS
32027	289	10	in	in	IN
32027	289	11	other	other	JJ
32027	289	12	banks	bank	NNS
32027	289	13	and	and	CC
32027	289	14	the	the	DT
32027	289	15	discountable	discountable	JJ
32027	289	16	commercial	commercial	JJ
32027	289	17	paper	paper	NN
32027	289	18	and	and	CC
32027	289	19	bonds	bond	NNS
32027	289	20	which	which	WDT
32027	289	21	a	a	DT
32027	289	22	bank	bank	NN
32027	289	23	may	may	MD
32027	289	24	count	count	VB
32027	289	25	as	as	IN
32027	289	26	a	a	DT
32027	289	27	part	part	NN
32027	289	28	of	of	IN
32027	289	29	its	-PRON-	PRP$
32027	289	30	reserves	reserve	NNS
32027	289	31	are	be	VBP
32027	289	32	not	not	RB
32027	289	33	reserves	reserve	NNS
32027	289	34	except	except	IN
32027	289	35	to	to	IN
32027	289	36	the	the	DT
32027	289	37	extent	extent	NN
32027	289	38	that	that	IN
32027	289	39	they	-PRON-	PRP
32027	289	40	may	may	MD
32027	289	41	be	be	VB
32027	289	42	employed	employ	VBN
32027	289	43	as	as	IN
32027	289	44	a	a	DT
32027	289	45	means	means	NN
32027	289	46	of	of	IN
32027	289	47	importing	import	VBG
32027	289	48	gold	gold	NN
32027	289	49	.	.	.
32027	290	1	They	-PRON-	PRP
32027	290	2	are	be	VBP
32027	290	3	only	only	RB
32027	290	4	means	mean	VBZ
32027	290	5	through	through	IN
32027	290	6	which	which	WDT
32027	290	7	real	real	JJ
32027	290	8	reserves	reserve	NNS
32027	290	9	of	of	IN
32027	290	10	standard	standard	JJ
32027	290	11	coin	coin	NN
32027	290	12	are	be	VBP
32027	290	13	distributed	distribute	VBN
32027	290	14	.	.	.
32027	291	1	The	the	DT
32027	291	2	payment	payment	NN
32027	291	3	in	in	IN
32027	291	4	cash	cash	NN
32027	291	5	of	of	IN
32027	291	6	a	a	DT
32027	291	7	balance	balance	NN
32027	291	8	with	with	IN
32027	291	9	another	another	DT
32027	291	10	bank	bank	NN
32027	291	11	or	or	CC
32027	291	12	the	the	DT
32027	291	13	discount	discount	NN
32027	291	14	of	of	IN
32027	291	15	commercial	commercial	JJ
32027	291	16	paper	paper	NN
32027	291	17	with	with	IN
32027	291	18	another	another	DT
32027	291	19	domestic	domestic	JJ
32027	291	20	bank	bank	NN
32027	291	21	or	or	CC
32027	291	22	the	the	DT
32027	291	23	sale	sale	NN
32027	291	24	of	of	IN
32027	291	25	bonds	bond	NNS
32027	291	26	on	on	IN
32027	291	27	domestic	domestic	JJ
32027	291	28	stock	stock	NN
32027	291	29	exchanges	exchange	NNS
32027	291	30	do	do	VBP
32027	291	31	not	not	RB
32027	291	32	add	add	VB
32027	291	33	to	to	IN
32027	291	34	the	the	DT
32027	291	35	sum	sum	NN
32027	291	36	total	total	NN
32027	291	37	of	of	IN
32027	291	38	the	the	DT
32027	291	39	cash	cash	NN
32027	291	40	resources	resource	NNS
32027	291	41	of	of	IN
32027	291	42	the	the	DT
32027	291	43	banks	bank	NNS
32027	291	44	of	of	IN
32027	291	45	a	a	DT
32027	291	46	nation	nation	NN
32027	291	47	.	.	.
32027	292	1	Their	-PRON-	PRP$
32027	292	2	only	only	JJ
32027	292	3	effect	effect	NN
32027	292	4	is	be	VBZ
32027	292	5	to	to	TO
32027	292	6	increase	increase	VB
32027	292	7	the	the	DT
32027	292	8	cash	cash	NN
32027	292	9	resources	resource	NNS
32027	292	10	of	of	IN
32027	292	11	one	one	CD
32027	292	12	bank	bank	NN
32027	292	13	at	at	IN
32027	292	14	the	the	DT
32027	292	15	expense	expense	NN
32027	292	16	of	of	IN
32027	292	17	another	another	DT
32027	292	18	.	.	.
32027	293	1	Adequate	adequate	JJ
32027	293	2	facilities	facility	NNS
32027	293	3	for	for	IN
32027	293	4	the	the	DT
32027	293	5	distribution	distribution	NN
32027	293	6	of	of	IN
32027	293	7	the	the	DT
32027	293	8	reserve	reserve	NN
32027	293	9	funds	fund	NNS
32027	293	10	of	of	IN
32027	293	11	a	a	DT
32027	293	12	country	country	NN
32027	293	13	,	,	,
32027	293	14	however	however	RB
32027	293	15	,	,	,
32027	293	16	are	be	VBP
32027	293	17	second	second	JJ
32027	293	18	in	in	IN
32027	293	19	importance	importance	NN
32027	293	20	only	only	RB
32027	293	21	to	to	IN
32027	293	22	the	the	DT
32027	293	23	existence	existence	NN
32027	293	24	of	of	IN
32027	293	25	adequate	adequate	JJ
32027	293	26	supplies	supply	NNS
32027	293	27	of	of	IN
32027	293	28	standard	standard	JJ
32027	293	29	coin	coin	NN
32027	293	30	.	.	.
32027	294	1	If	if	IN
32027	294	2	such	such	JJ
32027	294	3	facilities	facility	NNS
32027	294	4	are	be	VBP
32027	294	5	lacking	lack	VBG
32027	294	6	,	,	,
32027	294	7	existing	exist	VBG
32027	294	8	reserves	reserve	NNS
32027	294	9	can	can	MD
32027	294	10	be	be	VB
32027	294	11	only	only	RB
32027	294	12	partially	partially	RB
32027	294	13	and	and	CC
32027	294	14	uneconomically	uneconomically	RB
32027	294	15	used	use	VBN
32027	294	16	,	,	,
32027	294	17	with	with	IN
32027	294	18	the	the	DT
32027	294	19	result	result	NN
32027	294	20	that	that	IN
32027	294	21	much	much	RB
32027	294	22	larger	large	JJR
32027	294	23	aggregate	aggregate	JJ
32027	294	24	reserves	reserve	NNS
32027	294	25	are	be	VBP
32027	294	26	required	require	VBN
32027	294	27	than	than	IN
32027	294	28	would	would	MD
32027	294	29	otherwise	otherwise	RB
32027	294	30	be	be	VB
32027	294	31	necessary	necessary	JJ
32027	294	32	and	and	CC
32027	294	33	that	that	IN
32027	294	34	the	the	DT
32027	294	35	entire	entire	JJ
32027	294	36	credit	credit	NN
32027	294	37	system	system	NN
32027	294	38	is	be	VBZ
32027	294	39	much	much	RB
32027	294	40	less	less	RBR
32027	294	41	stable	stable	JJ
32027	294	42	than	than	IN
32027	294	43	it	-PRON-	PRP
32027	294	44	otherwise	otherwise	RB
32027	294	45	would	would	MD
32027	294	46	be	be	VB
32027	294	47	.	.	.
32027	295	1	_	_	NNP
32027	295	2	2	2	CD
32027	295	3	.	.	.
32027	296	1	The	the	DT
32027	296	2	Selection	Selection	NNP
32027	296	3	of	of	IN
32027	296	4	Loans	Loans	NNPS
32027	296	5	and	and	CC
32027	296	6	Discounts	Discounts	NNPS
32027	296	7	_	_	NNP
32027	296	8	The	the	DT
32027	296	9	problem	problem	NN
32027	296	10	of	of	IN
32027	296	11	the	the	DT
32027	296	12	reserves	reserve	NNS
32027	296	13	is	be	VBZ
32027	296	14	vitally	vitally	RB
32027	296	15	connected	connect	VBN
32027	296	16	with	with	IN
32027	296	17	that	that	DT
32027	296	18	of	of	IN
32027	296	19	the	the	DT
32027	296	20	selection	selection	NN
32027	296	21	of	of	IN
32027	296	22	loans	loan	NNS
32027	296	23	and	and	CC
32027	296	24	discounts	discount	NNS
32027	296	25	.	.	.
32027	297	1	As	as	IN
32027	297	2	was	be	VBD
32027	297	3	shown	show	VBN
32027	297	4	in	in	IN
32027	297	5	the	the	DT
32027	297	6	preceding	precede	VBG
32027	297	7	chapter	chapter	NN
32027	297	8	,	,	,
32027	297	9	the	the	DT
32027	297	10	chief	chief	JJ
32027	297	11	business	business	NN
32027	297	12	of	of	IN
32027	297	13	a	a	DT
32027	297	14	commercial	commercial	JJ
32027	297	15	bank	bank	NN
32027	297	16	is	be	VBZ
32027	297	17	to	to	TO
32027	297	18	conduct	conduct	VB
32027	297	19	exchanges	exchange	NNS
32027	297	20	by	by	IN
32027	297	21	a	a	DT
32027	297	22	process	process	NN
32027	297	23	of	of	IN
32027	297	24	bookkeeping	bookkeepe	VBG
32027	297	25	between	between	IN
32027	297	26	individuals	individual	NNS
32027	297	27	,	,	,
32027	297	28	banks	bank	NNS
32027	297	29	,	,	,
32027	297	30	communities	community	NNS
32027	297	31	,	,	,
32027	297	32	and	and	CC
32027	297	33	nations	nation	NNS
32027	297	34	.	.	.
32027	298	1	This	this	DT
32027	298	2	process	process	NN
32027	298	3	consists	consist	VBZ
32027	298	4	primarily	primarily	RB
32027	298	5	in	in	IN
32027	298	6	the	the	DT
32027	298	7	converting	converting	NN
32027	298	8	of	of	IN
32027	298	9	commercial	commercial	JJ
32027	298	10	bills	bill	NNS
32027	298	11	and	and	CC
32027	298	12	notes	note	NNS
32027	298	13	into	into	IN
32027	298	14	credit	credit	NN
32027	298	15	balances	balance	NNS
32027	298	16	and	and	CC
32027	298	17	bank	bank	NN
32027	298	18	notes	note	NNS
32027	298	19	,	,	,
32027	298	20	in	in	IN
32027	298	21	the	the	DT
32027	298	22	transfer	transfer	NN
32027	298	23	of	of	IN
32027	298	24	such	such	JJ
32027	298	25	balances	balance	NNS
32027	298	26	and	and	CC
32027	298	27	notes	note	NNS
32027	298	28	between	between	IN
32027	298	29	individuals	individual	NNS
32027	298	30	and	and	CC
32027	298	31	banks	bank	NNS
32027	298	32	,	,	,
32027	298	33	and	and	CC
32027	298	34	in	in	IN
32027	298	35	the	the	DT
32027	298	36	final	final	JJ
32027	298	37	extinguishment	extinguishment	NN
32027	298	38	of	of	IN
32027	298	39	such	such	JJ
32027	298	40	balances	balance	NNS
32027	298	41	and	and	CC
32027	298	42	the	the	DT
32027	298	43	return	return	NN
32027	298	44	of	of	IN
32027	298	45	such	such	JJ
32027	298	46	notes	note	NNS
32027	298	47	at	at	IN
32027	298	48	the	the	DT
32027	298	49	maturity	maturity	NN
32027	298	50	of	of	IN
32027	298	51	the	the	DT
32027	298	52	commercial	commercial	JJ
32027	298	53	bills	bill	NNS
32027	298	54	and	and	CC
32027	298	55	notes	note	NNS
32027	298	56	in	in	IN
32027	298	57	which	which	WDT
32027	298	58	the	the	DT
32027	298	59	process	process	NN
32027	298	60	originated	originate	VBD
32027	298	61	.	.	.
32027	299	1	In	in	IN
32027	299	2	this	this	DT
32027	299	3	process	process	NN
32027	299	4	there	there	EX
32027	299	5	is	be	VBZ
32027	299	6	little	little	JJ
32027	299	7	need	need	NN
32027	299	8	for	for	IN
32027	299	9	cash	cash	NN
32027	299	10	,	,	,
32027	299	11	provided	provide	VBD
32027	299	12	the	the	DT
32027	299	13	arrangements	arrangement	NNS
32027	299	14	between	between	IN
32027	299	15	banks	bank	NNS
32027	299	16	for	for	IN
32027	299	17	clearing	clear	VBG
32027	299	18	checks	check	NNS
32027	299	19	and	and	CC
32027	299	20	for	for	IN
32027	299	21	the	the	DT
32027	299	22	interchange	interchange	NN
32027	299	23	of	of	IN
32027	299	24	notes	note	NNS
32027	299	25	are	be	VBP
32027	299	26	complete	complete	JJ
32027	299	27	and	and	CC
32027	299	28	efficiently	efficiently	RB
32027	299	29	administered	administer	VBN
32027	299	30	.	.	.
32027	300	1	But	but	CC
32027	300	2	when	when	WRB
32027	300	3	a	a	DT
32027	300	4	bank	bank	NN
32027	300	5	accepts	accept	VBZ
32027	300	6	investment	investment	NN
32027	300	7	in	in	IN
32027	300	8	lieu	lieu	NN
32027	300	9	of	of	IN
32027	300	10	commercial	commercial	JJ
32027	300	11	paper	paper	NN
32027	300	12	,	,	,
32027	300	13	its	-PRON-	PRP$
32027	300	14	need	need	NN
32027	300	15	for	for	IN
32027	300	16	cash	cash	NN
32027	300	17	at	at	IN
32027	300	18	once	once	RB
32027	300	19	increases	increase	NNS
32027	300	20	,	,	,
32027	300	21	because	because	IN
32027	300	22	the	the	DT
32027	300	23	demand	demand	NN
32027	300	24	obligations	obligation	NNS
32027	300	25	created	create	VBN
32027	300	26	by	by	IN
32027	300	27	the	the	DT
32027	300	28	credit	credit	NN
32027	300	29	balances	balance	NNS
32027	300	30	or	or	CC
32027	300	31	the	the	DT
32027	300	32	bank	bank	NN
32027	300	33	notes	note	VBZ
32027	300	34	into	into	IN
32027	300	35	which	which	WDT
32027	300	36	this	this	DT
32027	300	37	paper	paper	NN
32027	300	38	was	be	VBD
32027	300	39	converted	convert	VBN
32027	300	40	are	be	VBP
32027	300	41	not	not	RB
32027	300	42	extinguished	extinguish	VBN
32027	300	43	by	by	IN
32027	300	44	payments	payment	NNS
32027	300	45	for	for	IN
32027	300	46	goods	good	NNS
32027	300	47	purchased	purchase	VBN
32027	300	48	,	,	,
32027	300	49	but	but	CC
32027	300	50	must	must	MD
32027	300	51	be	be	VB
32027	300	52	met	meet	VBN
32027	300	53	by	by	IN
32027	300	54	cash	cash	NN
32027	300	55	.	.	.
32027	301	1	To	to	TO
32027	301	2	distinguish	distinguish	VB
32027	301	3	between	between	IN
32027	301	4	commercial	commercial	JJ
32027	301	5	and	and	CC
32027	301	6	investment	investment	NN
32027	301	7	paper	paper	NN
32027	301	8	is	be	VBZ
32027	301	9	,	,	,
32027	301	10	therefore	therefore	RB
32027	301	11	,	,	,
32027	301	12	one	one	CD
32027	301	13	of	of	IN
32027	301	14	the	the	DT
32027	301	15	chief	chief	JJ
32027	301	16	problems	problem	NNS
32027	301	17	confronting	confront	VBG
32027	301	18	commercial	commercial	JJ
32027	301	19	bankers	banker	NNS
32027	301	20	.	.	.
32027	302	1	For	for	IN
32027	302	2	its	-PRON-	PRP$
32027	302	3	solution	solution	NN
32027	302	4	an	an	DT
32027	302	5	accurate	accurate	JJ
32027	302	6	knowledge	knowledge	NN
32027	302	7	of	of	IN
32027	302	8	the	the	DT
32027	302	9	business	business	NN
32027	302	10	operations	operation	NNS
32027	302	11	of	of	IN
32027	302	12	customers	customer	NNS
32027	302	13	is	be	VBZ
32027	302	14	necessary	necessary	JJ
32027	302	15	.	.	.
32027	303	1	An	an	DT
32027	303	2	inspection	inspection	NN
32027	303	3	of	of	IN
32027	303	4	the	the	DT
32027	303	5	paper	paper	NN
32027	303	6	presented	present	VBN
32027	303	7	and	and	CC
32027	303	8	a	a	DT
32027	303	9	general	general	JJ
32027	303	10	knowledge	knowledge	NN
32027	303	11	of	of	IN
32027	303	12	their	-PRON-	PRP$
32027	303	13	wealth	wealth	NN
32027	303	14	and	and	CC
32027	303	15	business	business	NN
32027	303	16	capacity	capacity	NN
32027	303	17	are	be	VBP
32027	303	18	important	important	JJ
32027	303	19	,	,	,
32027	303	20	but	but	CC
32027	303	21	not	not	RB
32027	303	22	sufficient	sufficient	JJ
32027	303	23	.	.	.
32027	304	1	The	the	DT
32027	304	2	forms	form	NNS
32027	304	3	of	of	IN
32027	304	4	the	the	DT
32027	304	5	paper	paper	NN
32027	304	6	employed	employ	VBN
32027	304	7	in	in	IN
32027	304	8	both	both	CC
32027	304	9	commercial	commercial	JJ
32027	304	10	and	and	CC
32027	304	11	investment	investment	NN
32027	304	12	operations	operation	NNS
32027	304	13	may	may	MD
32027	304	14	be	be	VB
32027	304	15	the	the	DT
32027	304	16	same	same	JJ
32027	304	17	,	,	,
32027	304	18	and	and	CC
32027	304	19	the	the	DT
32027	304	20	possession	possession	NN
32027	304	21	of	of	IN
32027	304	22	wealth	wealth	NN
32027	304	23	does	do	VBZ
32027	304	24	not	not	RB
32027	304	25	ensure	ensure	VB
32027	304	26	the	the	DT
32027	304	27	payment	payment	NN
32027	304	28	of	of	IN
32027	304	29	the	the	DT
32027	304	30	paper	paper	NN
32027	304	31	at	at	IN
32027	304	32	maturity	maturity	NN
32027	304	33	.	.	.
32027	305	1	The	the	DT
32027	305	2	chief	chief	NN
32027	305	3	means	mean	VBZ
32027	305	4	available	available	JJ
32027	305	5	for	for	IN
32027	305	6	the	the	DT
32027	305	7	acquisition	acquisition	NN
32027	305	8	of	of	IN
32027	305	9	this	this	DT
32027	305	10	knowledge	knowledge	NN
32027	305	11	are	be	VBP
32027	305	12	the	the	DT
32027	305	13	requirement	requirement	NN
32027	305	14	from	from	IN
32027	305	15	customers	customer	NNS
32027	305	16	of	of	IN
32027	305	17	frequent	frequent	JJ
32027	305	18	statements	statement	NNS
32027	305	19	of	of	IN
32027	305	20	their	-PRON-	PRP$
32027	305	21	operations	operation	NNS
32027	305	22	,	,	,
32027	305	23	on	on	IN
32027	305	24	properly	properly	RB
32027	305	25	prepared	prepare	VBN
32027	305	26	forms	form	NNS
32027	305	27	;	;	:
32027	305	28	the	the	DT
32027	305	29	use	use	NN
32027	305	30	,	,	,
32027	305	31	wherever	wherever	WRB
32027	305	32	possible	possible	JJ
32027	305	33	,	,	,
32027	305	34	of	of	IN
32027	305	35	the	the	DT
32027	305	36	documented	document	VBN
32027	305	37	commercial	commercial	JJ
32027	305	38	bill	bill	NN
32027	305	39	of	of	IN
32027	305	40	exchange	exchange	NN
32027	305	41	;	;	:
32027	305	42	and	and	CC
32027	305	43	the	the	DT
32027	305	44	maintenance	maintenance	NN
32027	305	45	of	of	IN
32027	305	46	credit	credit	NN
32027	305	47	departments	department	NNS
32027	305	48	equipped	equip	VBN
32027	305	49	with	with	IN
32027	305	50	the	the	DT
32027	305	51	means	mean	NNS
32027	305	52	of	of	IN
32027	305	53	accurately	accurately	RB
32027	305	54	studying	study	VBG
32027	305	55	commercial	commercial	JJ
32027	305	56	,	,	,
32027	305	57	industrial	industrial	JJ
32027	305	58	,	,	,
32027	305	59	and	and	CC
32027	305	60	agricultural	agricultural	JJ
32027	305	61	operations	operation	NNS
32027	305	62	,	,	,
32027	305	63	and	and	CC
32027	305	64	of	of	IN
32027	305	65	diagnosing	diagnose	VBG
32027	305	66	economic	economic	JJ
32027	305	67	conditions	condition	NNS
32027	305	68	.	.	.
32027	306	1	The	the	DT
32027	306	2	study	study	NN
32027	306	3	of	of	IN
32027	306	4	carefully	carefully	RB
32027	306	5	prepared	prepare	VBN
32027	306	6	statements	statement	NNS
32027	306	7	of	of	IN
32027	306	8	customers	customer	NNS
32027	306	9	made	make	VBN
32027	306	10	at	at	IN
32027	306	11	frequent	frequent	JJ
32027	306	12	intervals	interval	NNS
32027	306	13	reveals	reveal	VBZ
32027	306	14	to	to	IN
32027	306	15	the	the	DT
32027	306	16	banker	banker	NN
32027	306	17	not	not	RB
32027	306	18	only	only	RB
32027	306	19	the	the	DT
32027	306	20	nature	nature	NN
32027	306	21	of	of	IN
32027	306	22	the	the	DT
32027	306	23	operations	operation	NNS
32027	306	24	represented	represent	VBN
32027	306	25	by	by	IN
32027	306	26	the	the	DT
32027	306	27	paper	paper	NN
32027	306	28	presented	present	VBN
32027	306	29	for	for	IN
32027	306	30	discount	discount	NN
32027	306	31	,	,	,
32027	306	32	but	but	CC
32027	306	33	the	the	DT
32027	306	34	trend	trend	NN
32027	306	35	of	of	IN
32027	306	36	the	the	DT
32027	306	37	business	business	NN
32027	306	38	of	of	IN
32027	306	39	his	-PRON-	PRP$
32027	306	40	customers	customer	NNS
32027	306	41	and	and	CC
32027	306	42	,	,	,
32027	306	43	through	through	IN
32027	306	44	them	-PRON-	PRP
32027	306	45	,	,	,
32027	306	46	of	of	IN
32027	306	47	the	the	DT
32027	306	48	entire	entire	JJ
32027	306	49	country	country	NN
32027	306	50	.	.	.
32027	307	1	With	with	IN
32027	307	2	such	such	JJ
32027	307	3	knowledge	knowledge	NN
32027	307	4	,	,	,
32027	307	5	he	-PRON-	PRP
32027	307	6	is	be	VBZ
32027	307	7	not	not	RB
32027	307	8	only	only	RB
32027	307	9	able	able	JJ
32027	307	10	to	to	TO
32027	307	11	protect	protect	VB
32027	307	12	his	-PRON-	PRP$
32027	307	13	institution	institution	NN
32027	307	14	against	against	IN
32027	307	15	improper	improper	JJ
32027	307	16	loans	loan	NNS
32027	307	17	and	and	CC
32027	307	18	discounts	discount	NNS
32027	307	19	,	,	,
32027	307	20	but	but	CC
32027	307	21	to	to	TO
32027	307	22	give	give	VB
32027	307	23	valuable	valuable	JJ
32027	307	24	advice	advice	NN
32027	307	25	to	to	IN
32027	307	26	his	-PRON-	PRP$
32027	307	27	customers	customer	NNS
32027	307	28	,	,	,
32027	307	29	advice	advice	NN
32027	307	30	which	which	WDT
32027	307	31	no	no	DT
32027	307	32	one	one	NN
32027	307	33	else	else	RB
32027	307	34	is	be	VBZ
32027	307	35	in	in	IN
32027	307	36	a	a	DT
32027	307	37	position	position	NN
32027	307	38	to	to	TO
32027	307	39	give	give	VB
32027	307	40	so	so	RB
32027	307	41	accurately	accurately	RB
32027	307	42	.	.	.
32027	308	1	By	by	IN
32027	308	2	a	a	DT
32027	308	3	documented	document	VBN
32027	308	4	bill	bill	NN
32027	308	5	of	of	IN
32027	308	6	exchange	exchange	NN
32027	308	7	is	be	VBZ
32027	308	8	meant	mean	VBN
32027	308	9	a	a	DT
32027	308	10	bill	bill	NN
32027	308	11	drawn	draw	VBN
32027	308	12	by	by	IN
32027	308	13	a	a	DT
32027	308	14	seller	seller	NN
32027	308	15	upon	upon	IN
32027	308	16	the	the	DT
32027	308	17	purchaser	purchaser	NN
32027	308	18	of	of	IN
32027	308	19	goods	good	NNS
32027	308	20	,	,	,
32027	308	21	accompanied	accompany	VBN
32027	308	22	by	by	IN
32027	308	23	documents	document	NNS
32027	308	24	evidencing	evidence	VBG
32027	308	25	the	the	DT
32027	308	26	transaction	transaction	NN
32027	308	27	;	;	:
32027	308	28	such	such	JJ
32027	308	29	,	,	,
32027	308	30	for	for	IN
32027	308	31	example	example	NN
32027	308	32	,	,	,
32027	308	33	as	as	IN
32027	308	34	bills	bill	NNS
32027	308	35	of	of	IN
32027	308	36	lading	lading	NN
32027	308	37	,	,	,
32027	308	38	warehouse	warehouse	NN
32027	308	39	receipts	receipt	NNS
32027	308	40	,	,	,
32027	308	41	and	and	CC
32027	308	42	insurance	insurance	NN
32027	308	43	policies	policy	NNS
32027	308	44	.	.	.
32027	309	1	The	the	DT
32027	309	2	names	name	NNS
32027	309	3	on	on	IN
32027	309	4	such	such	JJ
32027	309	5	bills	bill	NNS
32027	309	6	guide	guide	VBP
32027	309	7	the	the	DT
32027	309	8	banker	banker	NN
32027	309	9	in	in	IN
32027	309	10	his	-PRON-	PRP$
32027	309	11	efforts	effort	NNS
32027	309	12	to	to	TO
32027	309	13	trace	trace	VB
32027	309	14	the	the	DT
32027	309	15	transaction	transaction	NN
32027	309	16	in	in	IN
32027	309	17	which	which	WDT
32027	309	18	it	-PRON-	PRP
32027	309	19	originated	originate	VBD
32027	309	20	and	and	CC
32027	309	21	the	the	DT
32027	309	22	documents	document	NNS
32027	309	23	enable	enable	VBP
32027	309	24	him	-PRON-	PRP
32027	309	25	absolutely	absolutely	RB
32027	309	26	to	to	TO
32027	309	27	identify	identify	VB
32027	309	28	it	-PRON-	PRP
32027	309	29	,	,	,
32027	309	30	and	and	CC
32027	309	31	constitute	constitute	VB
32027	309	32	security	security	NN
32027	309	33	for	for	IN
32027	309	34	the	the	DT
32027	309	35	loan	loan	NN
32027	309	36	.	.	.
32027	310	1	Instead	instead	RB
32027	310	2	of	of	IN
32027	310	3	such	such	JJ
32027	310	4	bills	bill	NNS
32027	310	5	,	,	,
32027	310	6	promissory	promissory	JJ
32027	310	7	notes	note	NNS
32027	310	8	made	make	VBD
32027	310	9	payable	payable	JJ
32027	310	10	to	to	IN
32027	310	11	banks	bank	NNS
32027	310	12	are	be	VBP
32027	310	13	commonly	commonly	RB
32027	310	14	used	use	VBN
32027	310	15	in	in	IN
32027	310	16	this	this	DT
32027	310	17	country	country	NN
32027	310	18	,	,	,
32027	310	19	greatly	greatly	RB
32027	310	20	to	to	IN
32027	310	21	the	the	DT
32027	310	22	disadvantage	disadvantage	NN
32027	310	23	of	of	IN
32027	310	24	the	the	DT
32027	310	25	banking	banking	NN
32027	310	26	business	business	NN
32027	310	27	.	.	.
32027	311	1	Such	such	PDT
32027	311	2	a	a	DT
32027	311	3	note	note	NN
32027	311	4	reveals	reveal	VBZ
32027	311	5	nothing	nothing	NN
32027	311	6	to	to	IN
32027	311	7	the	the	DT
32027	311	8	banker	banker	NN
32027	311	9	concerning	concern	VBG
32027	311	10	the	the	DT
32027	311	11	purpose	purpose	NN
32027	311	12	for	for	IN
32027	311	13	which	which	WDT
32027	311	14	the	the	DT
32027	311	15	loan	loan	NN
32027	311	16	is	be	VBZ
32027	311	17	made	make	VBN
32027	311	18	,	,	,
32027	311	19	while	while	IN
32027	311	20	a	a	DT
32027	311	21	commercial	commercial	JJ
32027	311	22	bill	bill	NN
32027	311	23	,	,	,
32027	311	24	even	even	RB
32027	311	25	without	without	IN
32027	311	26	documents	document	NNS
32027	311	27	,	,	,
32027	311	28	reveals	reveal	VBZ
32027	311	29	the	the	DT
32027	311	30	names	name	NNS
32027	311	31	of	of	IN
32027	311	32	the	the	DT
32027	311	33	principals	principal	NNS
32027	311	34	of	of	IN
32027	311	35	the	the	DT
32027	311	36	transaction	transaction	NN
32027	311	37	in	in	IN
32027	311	38	which	which	WDT
32027	311	39	the	the	DT
32027	311	40	banker	banker	NN
32027	311	41	is	be	VBZ
32027	311	42	asked	ask	VBN
32027	311	43	to	to	TO
32027	311	44	participate	participate	VB
32027	311	45	.	.	.
32027	312	1	Acquaintance	acquaintance	NN
32027	312	2	with	with	IN
32027	312	3	these	these	DT
32027	312	4	men	man	NNS
32027	312	5	and	and	CC
32027	312	6	knowledge	knowledge	NN
32027	312	7	of	of	IN
32027	312	8	the	the	DT
32027	312	9	business	business	NN
32027	312	10	in	in	IN
32027	312	11	which	which	WDT
32027	312	12	they	-PRON-	PRP
32027	312	13	are	be	VBP
32027	312	14	engaged	engage	VBN
32027	312	15	at	at	IN
32027	312	16	once	once	RB
32027	312	17	suggests	suggest	VBZ
32027	312	18	the	the	DT
32027	312	19	probable	probable	JJ
32027	312	20	origin	origin	NN
32027	312	21	of	of	IN
32027	312	22	the	the	DT
32027	312	23	bill	bill	NN
32027	312	24	and	and	CC
32027	312	25	furnishes	furnish	VBZ
32027	312	26	the	the	DT
32027	312	27	clue	clue	NN
32027	312	28	needed	need	VBN
32027	312	29	for	for	IN
32027	312	30	subsequent	subsequent	JJ
32027	312	31	investigation	investigation	NN
32027	312	32	.	.	.
32027	313	1	A	a	DT
32027	313	2	properly	properly	RB
32027	313	3	equipped	equip	VBN
32027	313	4	credit	credit	NN
32027	313	5	department	department	NN
32027	313	6	will	will	MD
32027	313	7	keep	keep	VB
32027	313	8	on	on	IN
32027	313	9	file	file	NN
32027	313	10	and	and	CC
32027	313	11	at	at	IN
32027	313	12	all	all	DT
32027	313	13	times	time	NNS
32027	313	14	available	available	JJ
32027	313	15	for	for	IN
32027	313	16	use	use	NN
32027	313	17	the	the	DT
32027	313	18	data	datum	NNS
32027	313	19	requisite	requisite	JJ
32027	313	20	for	for	IN
32027	313	21	the	the	DT
32027	313	22	information	information	NN
32027	313	23	of	of	IN
32027	313	24	the	the	DT
32027	313	25	officers	officer	NNS
32027	313	26	upon	upon	IN
32027	313	27	whom	whom	WP
32027	313	28	the	the	DT
32027	313	29	responsibility	responsibility	NN
32027	313	30	of	of	IN
32027	313	31	selecting	select	VBG
32027	313	32	the	the	DT
32027	313	33	loans	loan	NNS
32027	313	34	and	and	CC
32027	313	35	discounts	discount	NNS
32027	313	36	rests	rest	VBZ
32027	313	37	.	.	.
32027	314	1	Such	such	JJ
32027	314	2	data	datum	NNS
32027	314	3	will	will	MD
32027	314	4	not	not	RB
32027	314	5	only	only	RB
32027	314	6	concern	concern	VB
32027	314	7	the	the	DT
32027	314	8	character	character	NN
32027	314	9	and	and	CC
32027	314	10	business	business	NN
32027	314	11	of	of	IN
32027	314	12	each	each	DT
32027	314	13	customer	customer	NN
32027	314	14	and	and	CC
32027	314	15	the	the	DT
32027	314	16	bank	bank	NN
32027	314	17	's	's	POS
32027	314	18	previous	previous	JJ
32027	314	19	dealings	dealing	NNS
32027	314	20	with	with	IN
32027	314	21	him	-PRON-	PRP
32027	314	22	,	,	,
32027	314	23	but	but	CC
32027	314	24	general	general	JJ
32027	314	25	economic	economic	JJ
32027	314	26	conditions	condition	NNS
32027	314	27	,	,	,
32027	314	28	the	the	DT
32027	314	29	operations	operation	NNS
32027	314	30	and	and	CC
32027	314	31	experiences	experience	NNS
32027	314	32	of	of	IN
32027	314	33	other	other	JJ
32027	314	34	banks	bank	NNS
32027	314	35	,	,	,
32027	314	36	other	other	JJ
32027	314	37	business	business	NN
32027	314	38	institutions	institution	NNS
32027	314	39	,	,	,
32027	314	40	governments	government	NNS
32027	314	41	,	,	,
32027	314	42	etc	etc	FW
32027	314	43	.	.	.
32027	315	1	_	_	NNP
32027	315	2	3	3	CD
32027	315	3	.	.	.
32027	316	1	Rates	Rates	NNP
32027	316	2	_	_	NNP
32027	316	3	Besides	besides	IN
32027	316	4	rates	rate	NNS
32027	316	5	of	of	IN
32027	316	6	exchange	exchange	NN
32027	316	7	considered	consider	VBN
32027	316	8	in	in	IN
32027	316	9	the	the	DT
32027	316	10	preceding	precede	VBG
32027	316	11	chapter	chapter	NN
32027	316	12	,	,	,
32027	316	13	commercial	commercial	JJ
32027	316	14	banks	bank	NNS
32027	316	15	are	be	VBP
32027	316	16	concerned	concern	VBN
32027	316	17	with	with	IN
32027	316	18	loan	loan	NN
32027	316	19	and	and	CC
32027	316	20	discount	discount	NN
32027	316	21	rates	rate	NNS
32027	316	22	.	.	.
32027	317	1	Rates	rate	NNS
32027	317	2	on	on	IN
32027	317	3	deposits	deposit	NNS
32027	317	4	,	,	,
32027	317	5	though	though	IN
32027	317	6	sometimes	sometimes	RB
32027	317	7	employed	employ	VBN
32027	317	8	,	,	,
32027	317	9	have	have	VBP
32027	317	10	no	no	DT
32027	317	11	place	place	NN
32027	317	12	in	in	IN
32027	317	13	commercial	commercial	JJ
32027	317	14	banking	banking	NN
32027	317	15	,	,	,
32027	317	16	since	since	IN
32027	317	17	commercial	commercial	JJ
32027	317	18	deposits	deposit	NNS
32027	317	19	are	be	VBP
32027	317	20	only	only	RB
32027	317	21	the	the	DT
32027	317	22	credit	credit	NN
32027	317	23	balances	balance	NNS
32027	317	24	resulting	result	VBG
32027	317	25	from	from	IN
32027	317	26	loans	loan	NNS
32027	317	27	and	and	CC
32027	317	28	discounts	discount	NNS
32027	317	29	or	or	CC
32027	317	30	from	from	IN
32027	317	31	funds	fund	NNS
32027	317	32	intrusted	intrust	VBN
32027	317	33	to	to	IN
32027	317	34	the	the	DT
32027	317	35	bank	bank	NN
32027	317	36	for	for	IN
32027	317	37	temporary	temporary	JJ
32027	317	38	safekeeping	safekeeping	NN
32027	317	39	or	or	CC
32027	317	40	disbursement	disbursement	NN
32027	317	41	in	in	IN
32027	317	42	the	the	DT
32027	317	43	interest	interest	NN
32027	317	44	of	of	IN
32027	317	45	the	the	DT
32027	317	46	depositor	depositor	NN
32027	317	47	.	.	.
32027	318	1	In	in	IN
32027	318	2	every	every	DT
32027	318	3	case	case	NN
32027	318	4	they	-PRON-	PRP
32027	318	5	represent	represent	VBP
32027	318	6	a	a	DT
32027	318	7	service	service	NN
32027	318	8	rendered	render	VBD
32027	318	9	the	the	DT
32027	318	10	depositor	depositor	NN
32027	318	11	for	for	IN
32027	318	12	which	which	WDT
32027	318	13	the	the	DT
32027	318	14	bank	bank	NN
32027	318	15	must	must	MD
32027	318	16	be	be	VB
32027	318	17	paid	pay	VBN
32027	318	18	,	,	,
32027	318	19	and	and	CC
32027	318	20	,	,	,
32027	318	21	when	when	WRB
32027	318	22	interest	interest	NN
32027	318	23	is	be	VBZ
32027	318	24	allowed	allow	VBN
32027	318	25	,	,	,
32027	318	26	the	the	DT
32027	318	27	depositor	depositor	NN
32027	318	28	must	must	MD
32027	318	29	repay	repay	VB
32027	318	30	it	-PRON-	PRP
32027	318	31	in	in	IN
32027	318	32	some	some	DT
32027	318	33	form	form	NN
32027	318	34	with	with	IN
32027	318	35	an	an	DT
32027	318	36	increment	increment	JJ
32027	318	37	sufficient	sufficient	JJ
32027	318	38	to	to	TO
32027	318	39	remunerate	remunerate	VB
32027	318	40	said	say	VBD
32027	318	41	service	service	NN
32027	318	42	.	.	.
32027	319	1	Commercial	commercial	JJ
32027	319	2	banks	bank	NNS
32027	319	3	may	may	MD
32027	319	4	and	and	CC
32027	319	5	usually	usually	RB
32027	319	6	do	do	VB
32027	319	7	conduct	conduct	VB
32027	319	8	savings	saving	NNS
32027	319	9	accounts	account	NNS
32027	319	10	also	also	RB
32027	319	11	,	,	,
32027	319	12	for	for	IN
32027	319	13	which	which	WDT
32027	319	14	an	an	DT
32027	319	15	interest	interest	NN
32027	319	16	payment	payment	NN
32027	319	17	is	be	VBZ
32027	319	18	not	not	RB
32027	319	19	only	only	RB
32027	319	20	defensible	defensible	JJ
32027	319	21	but	but	CC
32027	319	22	in	in	IN
32027	319	23	every	every	DT
32027	319	24	sense	sense	NN
32027	319	25	desirable	desirable	JJ
32027	319	26	,	,	,
32027	319	27	but	but	CC
32027	319	28	in	in	IN
32027	319	29	so	so	RB
32027	319	30	doing	do	VBG
32027	319	31	they	-PRON-	PRP
32027	319	32	are	be	VBP
32027	319	33	going	go	VBG
32027	319	34	beyond	beyond	IN
32027	319	35	the	the	DT
32027	319	36	sphere	sphere	NN
32027	319	37	of	of	IN
32027	319	38	commercial	commercial	JJ
32027	319	39	banking	banking	NN
32027	319	40	,	,	,
32027	319	41	which	which	WDT
32027	319	42	alone	alone	RB
32027	319	43	is	be	VBZ
32027	319	44	under	under	IN
32027	319	45	consideration	consideration	NN
32027	319	46	at	at	IN
32027	319	47	this	this	DT
32027	319	48	point	point	NN
32027	319	49	.	.	.
32027	320	1	Rates	rate	NNS
32027	320	2	charged	charge	VBD
32027	320	3	on	on	IN
32027	320	4	loans	loan	NNS
32027	320	5	and	and	CC
32027	320	6	discounts	discount	NNS
32027	320	7	are	be	VBP
32027	320	8	the	the	DT
32027	320	9	chief	chief	JJ
32027	320	10	means	mean	NNS
32027	320	11	through	through	IN
32027	320	12	which	which	WDT
32027	320	13	commercial	commercial	JJ
32027	320	14	banks	bank	NNS
32027	320	15	are	be	VBP
32027	320	16	remunerated	remunerate	VBN
32027	320	17	for	for	IN
32027	320	18	the	the	DT
32027	320	19	services	service	NNS
32027	320	20	they	-PRON-	PRP
32027	320	21	perform	perform	VBP
32027	320	22	.	.	.
32027	321	1	In	in	IN
32027	321	2	the	the	DT
32027	321	3	long	long	JJ
32027	321	4	run	run	NN
32027	321	5	these	these	DT
32027	321	6	rates	rate	NNS
32027	321	7	are	be	VBP
32027	321	8	determined	determine	VBN
32027	321	9	by	by	IN
32027	321	10	competition	competition	NN
32027	321	11	,	,	,
32027	321	12	and	and	CC
32027	321	13	represent	represent	VB
32027	321	14	the	the	DT
32027	321	15	current	current	JJ
32027	321	16	market	market	NN
32027	321	17	value	value	NN
32027	321	18	of	of	IN
32027	321	19	the	the	DT
32027	321	20	services	service	NNS
32027	321	21	performed	perform	VBN
32027	321	22	by	by	IN
32027	321	23	bankers	banker	NNS
32027	321	24	.	.	.
32027	322	1	Custom	custom	NN
32027	322	2	often	often	RB
32027	322	3	affects	affect	VBZ
32027	322	4	them	-PRON-	PRP
32027	322	5	temporarily	temporarily	RB
32027	322	6	and	and	CC
32027	322	7	sometimes	sometimes	RB
32027	322	8	for	for	IN
32027	322	9	long	long	JJ
32027	322	10	periods	period	NNS
32027	322	11	prevents	prevent	VBZ
32027	322	12	their	-PRON-	PRP$
32027	322	13	response	response	NN
32027	322	14	to	to	IN
32027	322	15	influences	influence	NNS
32027	322	16	tending	tend	VBG
32027	322	17	to	to	TO
32027	322	18	produce	produce	VB
32027	322	19	change	change	NN
32027	322	20	,	,	,
32027	322	21	but	but	CC
32027	322	22	in	in	IN
32027	322	23	the	the	DT
32027	322	24	long	long	JJ
32027	322	25	run	run	NN
32027	322	26	they	-PRON-	PRP
32027	322	27	yield	yield	VBP
32027	322	28	to	to	IN
32027	322	29	economic	economic	JJ
32027	322	30	force	force	NN
32027	322	31	and	and	CC
32027	322	32	conform	conform	VB
32027	322	33	to	to	IN
32027	322	34	the	the	DT
32027	322	35	laws	law	NNS
32027	322	36	of	of	IN
32027	322	37	value	value	NN
32027	322	38	.	.	.
32027	323	1	Variations	variation	NNS
32027	323	2	in	in	IN
32027	323	3	the	the	DT
32027	323	4	rate	rate	NN
32027	323	5	of	of	IN
32027	323	6	discount	discount	NN
32027	323	7	are	be	VBP
32027	323	8	the	the	DT
32027	323	9	most	most	RBS
32027	323	10	efficient	efficient	JJ
32027	323	11	means	mean	NNS
32027	323	12	employed	employ	VBN
32027	323	13	by	by	IN
32027	323	14	commercial	commercial	JJ
32027	323	15	banks	bank	NNS
32027	323	16	for	for	IN
32027	323	17	the	the	DT
32027	323	18	regulation	regulation	NN
32027	323	19	of	of	IN
32027	323	20	the	the	DT
32027	323	21	volume	volume	NN
32027	323	22	of	of	IN
32027	323	23	their	-PRON-	PRP$
32027	323	24	loans	loan	NNS
32027	323	25	and	and	CC
32027	323	26	discounts	discount	NNS
32027	323	27	and	and	CC
32027	323	28	for	for	IN
32027	323	29	changing	change	VBG
32027	323	30	the	the	DT
32027	323	31	percentage	percentage	NN
32027	323	32	their	-PRON-	PRP$
32027	323	33	reserves	reserve	NNS
32027	323	34	bear	bear	VBP
32027	323	35	to	to	IN
32027	323	36	deposits	deposit	NNS
32027	323	37	and	and	CC
32027	323	38	note	note	VB
32027	323	39	issues	issue	NNS
32027	323	40	.	.	.
32027	324	1	An	an	DT
32027	324	2	increase	increase	NN
32027	324	3	of	of	IN
32027	324	4	these	these	DT
32027	324	5	rates	rate	NNS
32027	324	6	tends	tend	VBZ
32027	324	7	to	to	TO
32027	324	8	check	check	VB
32027	324	9	loans	loan	NNS
32027	324	10	and	and	CC
32027	324	11	discounts	discount	NNS
32027	324	12	,	,	,
32027	324	13	to	to	TO
32027	324	14	decrease	decrease	VB
32027	324	15	deposits	deposit	NNS
32027	324	16	and	and	CC
32027	324	17	note	note	VB
32027	324	18	issues	issue	NNS
32027	324	19	,	,	,
32027	324	20	to	to	TO
32027	324	21	increase	increase	VB
32027	324	22	reserves	reserve	NNS
32027	324	23	,	,	,
32027	324	24	and	and	CC
32027	324	25	consequently	consequently	RB
32027	324	26	to	to	TO
32027	324	27	raise	raise	VB
32027	324	28	the	the	DT
32027	324	29	percentage	percentage	NN
32027	324	30	of	of	IN
32027	324	31	reserves	reserve	NNS
32027	324	32	to	to	IN
32027	324	33	deposits	deposit	NNS
32027	324	34	and	and	CC
32027	324	35	issues	issue	NNS
32027	324	36	.	.	.
32027	325	1	It	-PRON-	PRP
32027	325	2	checks	check	VBZ
32027	325	3	loans	loan	NNS
32027	325	4	and	and	CC
32027	325	5	discounts	discount	NNS
32027	325	6	by	by	IN
32027	325	7	increasing	increase	VBG
32027	325	8	the	the	DT
32027	325	9	expense	expense	NN
32027	325	10	of	of	IN
32027	325	11	conducting	conduct	VBG
32027	325	12	business	business	NN
32027	325	13	operations	operation	NNS
32027	325	14	on	on	IN
32027	325	15	a	a	DT
32027	325	16	credit	credit	NN
32027	325	17	basis	basis	NN
32027	325	18	,	,	,
32027	325	19	thus	thus	RB
32027	325	20	diminishing	diminish	VBG
32027	325	21	profits	profit	NNS
32027	325	22	and	and	CC
32027	325	23	sometimes	sometimes	RB
32027	325	24	causing	cause	VBG
32027	325	25	losses	loss	NNS
32027	325	26	,	,	,
32027	325	27	checking	check	VBG
32027	325	28	enterprise	enterprise	NN
32027	325	29	and	and	CC
32027	325	30	decreasing	decrease	VBG
32027	325	31	the	the	DT
32027	325	32	volume	volume	NN
32027	325	33	of	of	IN
32027	325	34	commercial	commercial	JJ
32027	325	35	transactions	transaction	NNS
32027	325	36	.	.	.
32027	326	1	A	a	DT
32027	326	2	decrease	decrease	NN
32027	326	3	of	of	IN
32027	326	4	loans	loan	NNS
32027	326	5	and	and	CC
32027	326	6	discounts	discount	NNS
32027	326	7	correspondingly	correspondingly	RB
32027	326	8	diminishes	diminish	VBZ
32027	326	9	deposits	deposit	NNS
32027	326	10	or	or	CC
32027	326	11	note	note	VBP
32027	326	12	issues	issue	NNS
32027	326	13	,	,	,
32027	326	14	or	or	CC
32027	326	15	both	both	DT
32027	326	16	,	,	,
32027	326	17	since	since	IN
32027	326	18	these	these	DT
32027	326	19	are	be	VBP
32027	326	20	simply	simply	RB
32027	326	21	the	the	DT
32027	326	22	counterpart	counterpart	NN
32027	326	23	or	or	CC
32027	326	24	representative	representative	NN
32027	326	25	of	of	IN
32027	326	26	such	such	JJ
32027	326	27	loans	loan	NNS
32027	326	28	and	and	CC
32027	326	29	discounts	discount	NNS
32027	326	30	in	in	IN
32027	326	31	the	the	DT
32027	326	32	form	form	NN
32027	326	33	of	of	IN
32027	326	34	credit	credit	NN
32027	326	35	balances	balance	NNS
32027	326	36	in	in	IN
32027	326	37	the	the	DT
32027	326	38	checking	check	VBG
32027	326	39	accounts	account	NNS
32027	326	40	conducted	conduct	VBN
32027	326	41	by	by	IN
32027	326	42	the	the	DT
32027	326	43	banks	bank	NNS
32027	326	44	or	or	CC
32027	326	45	the	the	DT
32027	326	46	equivalent	equivalent	NN
32027	326	47	of	of	IN
32027	326	48	such	such	JJ
32027	326	49	balances	balance	NNS
32027	326	50	in	in	IN
32027	326	51	a	a	DT
32027	326	52	hand	hand	NN
32027	326	53	-	-	HYPH
32027	326	54	to	to	IN
32027	326	55	-	-	HYPH
32027	326	56	hand	hand	NN
32027	326	57	money	money	NN
32027	326	58	form	form	NN
32027	326	59	.	.	.
32027	327	1	An	an	DT
32027	327	2	increase	increase	NN
32027	327	3	in	in	IN
32027	327	4	the	the	DT
32027	327	5	rate	rate	NN
32027	327	6	of	of	IN
32027	327	7	discount	discount	NN
32027	327	8	at	at	IN
32027	327	9	a	a	DT
32027	327	10	given	give	VBN
32027	327	11	point	point	NN
32027	327	12	tends	tend	VBZ
32027	327	13	to	to	TO
32027	327	14	attract	attract	VB
32027	327	15	funds	fund	NNS
32027	327	16	from	from	IN
32027	327	17	other	other	JJ
32027	327	18	points	point	NNS
32027	327	19	where	where	WRB
32027	327	20	the	the	DT
32027	327	21	rates	rate	NNS
32027	327	22	are	be	VBP
32027	327	23	lower	low	JJR
32027	327	24	and	and	CC
32027	327	25	thus	thus	RB
32027	327	26	to	to	TO
32027	327	27	increase	increase	VB
32027	327	28	reserves	reserve	NNS
32027	327	29	.	.	.
32027	328	1	A	a	DT
32027	328	2	decrease	decrease	NN
32027	328	3	of	of	IN
32027	328	4	rates	rate	NNS
32027	328	5	produces	produce	VBZ
32027	328	6	opposite	opposite	JJ
32027	328	7	effects	effect	NNS
32027	328	8	all	all	RB
32027	328	9	along	along	IN
32027	328	10	the	the	DT
32027	328	11	line	line	NN
32027	328	12	.	.	.
32027	329	1	_	_	NNP
32027	329	2	4	4	CD
32027	329	3	.	.	.
32027	330	1	Protection	protection	NN
32027	330	2	against	against	IN
32027	330	3	Unsound	Unsound	NNP
32027	330	4	Practices	Practices	NNPS
32027	330	5	_	_	NNP
32027	330	6	Commercial	commercial	JJ
32027	330	7	banks	bank	NNS
32027	330	8	are	be	VBP
32027	330	9	an	an	DT
32027	330	10	essential	essential	JJ
32027	330	11	part	part	NN
32027	330	12	of	of	IN
32027	330	13	the	the	DT
32027	330	14	machinery	machinery	NN
32027	330	15	by	by	IN
32027	330	16	which	which	WDT
32027	330	17	the	the	DT
32027	330	18	agriculture	agriculture	NN
32027	330	19	,	,	,
32027	330	20	industry	industry	NN
32027	330	21	,	,	,
32027	330	22	and	and	CC
32027	330	23	commerce	commerce	NN
32027	330	24	of	of	IN
32027	330	25	a	a	DT
32027	330	26	country	country	NN
32027	330	27	are	be	VBP
32027	330	28	carried	carry	VBN
32027	330	29	on	on	IN
32027	330	30	,	,	,
32027	330	31	and	and	CC
32027	330	32	their	-PRON-	PRP$
32027	330	33	proper	proper	JJ
32027	330	34	conduct	conduct	NN
32027	330	35	is	be	VBZ
32027	330	36	,	,	,
32027	330	37	therefore	therefore	RB
32027	330	38	,	,	,
32027	330	39	a	a	DT
32027	330	40	matter	matter	NN
32027	330	41	of	of	IN
32027	330	42	public	public	JJ
32027	330	43	concern	concern	NN
32027	330	44	.	.	.
32027	331	1	On	on	IN
32027	331	2	this	this	DT
32027	331	3	account	account	NN
32027	331	4	they	-PRON-	PRP
32027	331	5	have	have	VBP
32027	331	6	long	long	RB
32027	331	7	been	be	VBN
32027	331	8	subjects	subject	NNS
32027	331	9	of	of	IN
32027	331	10	legislation	legislation	NN
32027	331	11	and	and	CC
32027	331	12	of	of	IN
32027	331	13	public	public	JJ
32027	331	14	supervision	supervision	NN
32027	331	15	and	and	CC
32027	331	16	control	control	NN
32027	331	17	.	.	.
32027	332	1	The	the	DT
32027	332	2	methods	method	NNS
32027	332	3	evolved	evolve	VBD
32027	332	4	for	for	IN
32027	332	5	safeguarding	safeguard	VBG
32027	332	6	the	the	DT
32027	332	7	public	public	NN
32027	332	8	against	against	IN
32027	332	9	abuses	abuse	NNS
32027	332	10	and	and	CC
32027	332	11	unsound	unsound	JJ
32027	332	12	practices	practice	NNS
32027	332	13	differ	differ	VBP
32027	332	14	considerably	considerably	RB
32027	332	15	among	among	IN
32027	332	16	different	different	JJ
32027	332	17	nations	nation	NNS
32027	332	18	and	and	CC
32027	332	19	to	to	IN
32027	332	20	some	some	DT
32027	332	21	extent	extent	NN
32027	332	22	among	among	IN
32027	332	23	the	the	DT
32027	332	24	different	different	JJ
32027	332	25	states	state	NNS
32027	332	26	of	of	IN
32027	332	27	the	the	DT
32027	332	28	United	United	NNP
32027	332	29	States	States	NNP
32027	332	30	,	,	,
32027	332	31	and	and	CC
32027	332	32	could	could	MD
32027	332	33	only	only	RB
32027	332	34	be	be	VB
32027	332	35	adequately	adequately	RB
32027	332	36	explained	explain	VBN
32027	332	37	by	by	IN
32027	332	38	a	a	DT
32027	332	39	history	history	NN
32027	332	40	of	of	IN
32027	332	41	banking	banking	NN
32027	332	42	in	in	IN
32027	332	43	each	each	DT
32027	332	44	nation	nation	NN
32027	332	45	.	.	.
32027	333	1	Only	only	RB
32027	333	2	the	the	DT
32027	333	3	more	more	RBR
32027	333	4	important	important	JJ
32027	333	5	and	and	CC
32027	333	6	most	most	RBS
32027	333	7	widely	widely	RB
32027	333	8	used	use	VBN
32027	333	9	of	of	IN
32027	333	10	them	-PRON-	PRP
32027	333	11	will	will	MD
32027	333	12	be	be	VB
32027	333	13	described	describe	VBN
32027	333	14	here	here	RB
32027	333	15	.	.	.
32027	334	1	(	(	-LRB-
32027	334	2	_	_	NNP
32027	334	3	a	a	DT
32027	334	4	_	_	NNP
32027	334	5	)	)	-RRB-
32027	334	6	_	_	NNP
32027	334	7	Capital	Capital	NNP
32027	334	8	and	and	CC
32027	334	9	Surplus	Surplus	NNP
32027	334	10	Requirements	Requirements	NNP
32027	334	11	and	and	CC
32027	334	12	Double	Double	NNP
32027	334	13	Liability	liability	NN
32027	334	14	of	of	IN
32027	334	15	Stockholders._--A	stockholders._--a	CD
32027	334	16	very	very	RB
32027	334	17	common	common	JJ
32027	334	18	,	,	,
32027	334	19	indeed	indeed	RB
32027	334	20	,	,	,
32027	334	21	almost	almost	RB
32027	334	22	universal	universal	JJ
32027	334	23	,	,	,
32027	334	24	legal	legal	JJ
32027	334	25	requirement	requirement	NN
32027	334	26	is	be	VBZ
32027	334	27	that	that	IN
32027	334	28	before	before	IN
32027	334	29	beginning	begin	VBG
32027	334	30	business	business	NN
32027	334	31	the	the	DT
32027	334	32	proprietors	proprietor	NNS
32027	334	33	of	of	IN
32027	334	34	a	a	DT
32027	334	35	commercial	commercial	JJ
32027	334	36	bank	bank	NN
32027	334	37	shall	shall	MD
32027	334	38	contribute	contribute	VB
32027	334	39	a	a	DT
32027	334	40	fund	fund	NN
32027	334	41	to	to	TO
32027	334	42	be	be	VB
32027	334	43	known	know	VBN
32027	334	44	as	as	IN
32027	334	45	the	the	DT
32027	334	46	_	_	NNP
32027	334	47	capital	capital	NN
32027	334	48	stock	stock	NN
32027	334	49	_	_	NNP
32027	334	50	,	,	,
32027	334	51	and	and	CC
32027	334	52	that	that	IN
32027	334	53	an	an	DT
32027	334	54	additional	additional	JJ
32027	334	55	fund	fund	NN
32027	334	56	,	,	,
32027	334	57	usually	usually	RB
32027	334	58	called	call	VBD
32027	334	59	the	the	DT
32027	334	60	_	_	NNP
32027	334	61	surplus	surplus	NN
32027	334	62	_	_	NNP
32027	334	63	,	,	,
32027	334	64	shall	shall	MD
32027	334	65	afterwards	afterwards	RB
32027	334	66	be	be	VB
32027	334	67	set	set	VBN
32027	334	68	aside	aside	RB
32027	334	69	from	from	IN
32027	334	70	profits	profit	NNS
32027	334	71	.	.	.
32027	335	1	These	these	DT
32027	335	2	funds	fund	NNS
32027	335	3	are	be	VBP
32027	335	4	required	require	VBN
32027	335	5	to	to	TO
32027	335	6	be	be	VB
32027	335	7	maintained	maintain	VBN
32027	335	8	intact	intact	JJ
32027	335	9	,	,	,
32027	335	10	so	so	RB
32027	335	11	long	long	RB
32027	335	12	as	as	IN
32027	335	13	the	the	DT
32027	335	14	bank	bank	NN
32027	335	15	continues	continue	VBZ
32027	335	16	in	in	IN
32027	335	17	business	business	NN
32027	335	18	,	,	,
32027	335	19	and	and	CC
32027	335	20	to	to	TO
32027	335	21	be	be	VB
32027	335	22	used	use	VBN
32027	335	23	for	for	IN
32027	335	24	the	the	DT
32027	335	25	payment	payment	NN
32027	335	26	of	of	IN
32027	335	27	losses	loss	NNS
32027	335	28	in	in	IN
32027	335	29	case	case	NN
32027	335	30	of	of	IN
32027	335	31	failure	failure	NN
32027	335	32	or	or	CC
32027	335	33	liquidation	liquidation	NN
32027	335	34	for	for	IN
32027	335	35	any	any	DT
32027	335	36	reason	reason	NN
32027	335	37	.	.	.
32027	336	1	In	in	IN
32027	336	2	this	this	DT
32027	336	3	country	country	NN
32027	336	4	it	-PRON-	PRP
32027	336	5	is	be	VBZ
32027	336	6	also	also	RB
32027	336	7	customary	customary	JJ
32027	336	8	to	to	TO
32027	336	9	hold	hold	VB
32027	336	10	the	the	DT
32027	336	11	proprietors	proprietor	NNS
32027	336	12	legally	legally	RB
32027	336	13	liable	liable	JJ
32027	336	14	in	in	IN
32027	336	15	case	case	NN
32027	336	16	of	of	IN
32027	336	17	failure	failure	NN
32027	336	18	for	for	IN
32027	336	19	an	an	DT
32027	336	20	assessment	assessment	NN
32027	336	21	equal	equal	JJ
32027	336	22	to	to	IN
32027	336	23	the	the	DT
32027	336	24	amount	amount	NN
32027	336	25	of	of	IN
32027	336	26	their	-PRON-	PRP$
32027	336	27	capital	capital	NN
32027	336	28	stock	stock	NN
32027	336	29	.	.	.
32027	337	1	In	in	IN
32027	337	2	foreign	foreign	JJ
32027	337	3	countries	country	NNS
32027	337	4	it	-PRON-	PRP
32027	337	5	is	be	VBZ
32027	337	6	a	a	DT
32027	337	7	common	common	JJ
32027	337	8	practice	practice	NN
32027	337	9	to	to	TO
32027	337	10	have	have	VB
32027	337	11	the	the	DT
32027	337	12	subscribed	subscribe	VBN
32027	337	13	considerably	considerably	RB
32027	337	14	in	in	IN
32027	337	15	excess	excess	NN
32027	337	16	of	of	IN
32027	337	17	the	the	DT
32027	337	18	paid	pay	VBN
32027	337	19	-	-	HYPH
32027	337	20	in	in	RP
32027	337	21	capital	capital	NN
32027	337	22	,	,	,
32027	337	23	the	the	DT
32027	337	24	balance	balance	NN
32027	337	25	being	be	VBG
32027	337	26	subject	subject	JJ
32027	337	27	to	to	IN
32027	337	28	call	call	VB
32027	337	29	by	by	IN
32027	337	30	the	the	DT
32027	337	31	directors	director	NNS
32027	337	32	at	at	IN
32027	337	33	any	any	DT
32027	337	34	time	time	NN
32027	337	35	,	,	,
32027	337	36	and	and	CC
32027	337	37	being	be	VBG
32027	337	38	available	available	JJ
32027	337	39	for	for	IN
32027	337	40	the	the	DT
32027	337	41	payment	payment	NN
32027	337	42	of	of	IN
32027	337	43	losses	loss	NNS
32027	337	44	in	in	IN
32027	337	45	case	case	NN
32027	337	46	of	of	IN
32027	337	47	failure	failure	NN
32027	337	48	.	.	.
32027	338	1	These	these	DT
32027	338	2	funds	fund	NNS
32027	338	3	serve	serve	VBP
32027	338	4	not	not	RB
32027	338	5	only	only	RB
32027	338	6	as	as	IN
32027	338	7	a	a	DT
32027	338	8	protection	protection	NN
32027	338	9	against	against	IN
32027	338	10	loss	loss	NN
32027	338	11	to	to	IN
32027	338	12	the	the	DT
32027	338	13	customers	customer	NNS
32027	338	14	of	of	IN
32027	338	15	a	a	DT
32027	338	16	bank	bank	NN
32027	338	17	in	in	IN
32027	338	18	case	case	NN
32027	338	19	of	of	IN
32027	338	20	failure	failure	NN
32027	338	21	,	,	,
32027	338	22	but	but	CC
32027	338	23	also	also	RB
32027	338	24	as	as	IN
32027	338	25	a	a	DT
32027	338	26	restraining	restraining	JJ
32027	338	27	influence	influence	NN
32027	338	28	on	on	IN
32027	338	29	the	the	DT
32027	338	30	managers	manager	NNS
32027	338	31	in	in	IN
32027	338	32	the	the	DT
32027	338	33	everyday	everyday	JJ
32027	338	34	conduct	conduct	NN
32027	338	35	of	of	IN
32027	338	36	the	the	DT
32027	338	37	bank	bank	NN
32027	338	38	's	's	POS
32027	338	39	affairs	affair	NNS
32027	338	40	.	.	.
32027	339	1	They	-PRON-	PRP
32027	339	2	constitute	constitute	VBP
32027	339	3	the	the	DT
32027	339	4	proprietors	proprietor	NNS
32027	339	5	'	'	POS
32027	339	6	stake	stake	NN
32027	339	7	in	in	IN
32027	339	8	the	the	DT
32027	339	9	business	business	NN
32027	339	10	,	,	,
32027	339	11	what	what	WP
32027	339	12	they	-PRON-	PRP
32027	339	13	are	be	VBP
32027	339	14	likely	likely	JJ
32027	339	15	to	to	TO
32027	339	16	lose	lose	VB
32027	339	17	if	if	IN
32027	339	18	the	the	DT
32027	339	19	management	management	NN
32027	339	20	is	be	VBZ
32027	339	21	imprudent	imprudent	NN
32027	339	22	,	,	,
32027	339	23	dishonest	dishonest	JJ
32027	339	24	,	,	,
32027	339	25	or	or	CC
32027	339	26	inefficient	inefficient	JJ
32027	339	27	.	.	.
32027	340	1	The	the	DT
32027	340	2	absence	absence	NN
32027	340	3	of	of	IN
32027	340	4	such	such	JJ
32027	340	5	funds	fund	NNS
32027	340	6	would	would	MD
32027	340	7	put	put	VB
32027	340	8	a	a	DT
32027	340	9	premium	premium	NN
32027	340	10	on	on	IN
32027	340	11	rashness	rashness	NN
32027	340	12	and	and	CC
32027	340	13	speculation	speculation	NN
32027	340	14	and	and	CC
32027	340	15	tempt	tempt	VB
32027	340	16	into	into	IN
32027	340	17	the	the	DT
32027	340	18	business	business	NN
32027	340	19	the	the	DT
32027	340	20	unscrupulous	unscrupulous	JJ
32027	340	21	and	and	CC
32027	340	22	the	the	DT
32027	340	23	unfit	unfit	JJ
32027	340	24	.	.	.
32027	341	1	In	in	IN
32027	341	2	the	the	DT
32027	341	3	determination	determination	NN
32027	341	4	of	of	IN
32027	341	5	the	the	DT
32027	341	6	size	size	NN
32027	341	7	of	of	IN
32027	341	8	capital	capital	NN
32027	341	9	and	and	CC
32027	341	10	surplus	surplus	NN
32027	341	11	funds	fund	NNS
32027	341	12	and	and	CC
32027	341	13	of	of	IN
32027	341	14	the	the	DT
32027	341	15	amount	amount	NN
32027	341	16	of	of	IN
32027	341	17	the	the	DT
32027	341	18	liability	liability	NN
32027	341	19	of	of	IN
32027	341	20	stockholders	stockholder	NNS
32027	341	21	for	for	IN
32027	341	22	subscriptions	subscription	NNS
32027	341	23	in	in	IN
32027	341	24	case	case	NN
32027	341	25	of	of	IN
32027	341	26	failure	failure	NN
32027	341	27	,	,	,
32027	341	28	no	no	DT
32027	341	29	well	well	RB
32027	341	30	-	-	HYPH
32027	341	31	founded	found	VBN
32027	341	32	principles	principle	NNS
32027	341	33	have	have	VBP
32027	341	34	been	be	VBN
32027	341	35	developed	develop	VBN
32027	341	36	for	for	IN
32027	341	37	the	the	DT
32027	341	38	guidance	guidance	NN
32027	341	39	of	of	IN
32027	341	40	legislators	legislator	NNS
32027	341	41	.	.	.
32027	342	1	They	-PRON-	PRP
32027	342	2	should	should	MD
32027	342	3	be	be	VB
32027	342	4	great	great	JJ
32027	342	5	enough	enough	RB
32027	342	6	to	to	TO
32027	342	7	cover	cover	VB
32027	342	8	prospective	prospective	JJ
32027	342	9	losses	loss	NNS
32027	342	10	and	and	CC
32027	342	11	to	to	TO
32027	342	12	induce	induce	VB
32027	342	13	conservatism	conservatism	NN
32027	342	14	,	,	,
32027	342	15	honesty	honesty	NN
32027	342	16	,	,	,
32027	342	17	and	and	CC
32027	342	18	efficiency	efficiency	NN
32027	342	19	in	in	IN
32027	342	20	management	management	NN
32027	342	21	,	,	,
32027	342	22	and	and	CC
32027	342	23	not	not	RB
32027	342	24	so	so	RB
32027	342	25	great	great	JJ
32027	342	26	as	as	IN
32027	342	27	to	to	TO
32027	342	28	prevent	prevent	VB
32027	342	29	the	the	DT
32027	342	30	free	free	JJ
32027	342	31	flow	flow	NN
32027	342	32	of	of	IN
32027	342	33	an	an	DT
32027	342	34	adequate	adequate	JJ
32027	342	35	amount	amount	NN
32027	342	36	of	of	IN
32027	342	37	capital	capital	NN
32027	342	38	into	into	IN
32027	342	39	the	the	DT
32027	342	40	business	business	NN
32027	342	41	.	.	.
32027	343	1	Unfortunately	unfortunately	RB
32027	343	2	,	,	,
32027	343	3	the	the	DT
32027	343	4	statistics	statistic	NNS
32027	343	5	of	of	IN
32027	343	6	losses	loss	NNS
32027	343	7	in	in	IN
32027	343	8	cases	case	NNS
32027	343	9	of	of	IN
32027	343	10	failure	failure	NN
32027	343	11	are	be	VBP
32027	343	12	not	not	RB
32027	343	13	a	a	DT
32027	343	14	sufficient	sufficient	JJ
32027	343	15	guide	guide	NN
32027	343	16	.	.	.
32027	344	1	In	in	IN
32027	344	2	some	some	DT
32027	344	3	cases	case	NNS
32027	344	4	they	-PRON-	PRP
32027	344	5	bear	bear	VBP
32027	344	6	a	a	DT
32027	344	7	large	large	JJ
32027	344	8	proportion	proportion	NN
32027	344	9	to	to	IN
32027	344	10	the	the	DT
32027	344	11	volume	volume	NN
32027	344	12	of	of	IN
32027	344	13	business	business	NN
32027	344	14	transacted	transact	VBN
32027	344	15	and	and	CC
32027	344	16	in	in	IN
32027	344	17	others	other	NNS
32027	344	18	a	a	DT
32027	344	19	very	very	RB
32027	344	20	small	small	JJ
32027	344	21	one	one	NN
32027	344	22	,	,	,
32027	344	23	and	and	CC
32027	344	24	the	the	DT
32027	344	25	number	number	NN
32027	344	26	of	of	IN
32027	344	27	cases	case	NNS
32027	344	28	available	available	JJ
32027	344	29	are	be	VBP
32027	344	30	too	too	RB
32027	344	31	small	small	JJ
32027	344	32	to	to	TO
32027	344	33	give	give	VB
32027	344	34	much	much	JJ
32027	344	35	value	value	NN
32027	344	36	to	to	IN
32027	344	37	averages	average	NNS
32027	344	38	.	.	.
32027	345	1	The	the	DT
32027	345	2	amount	amount	NN
32027	345	3	necessary	necessary	JJ
32027	345	4	to	to	TO
32027	345	5	secure	secure	VB
32027	345	6	the	the	DT
32027	345	7	best	good	JJS
32027	345	8	possible	possible	JJ
32027	345	9	management	management	NN
32027	345	10	is	be	VBZ
32027	345	11	also	also	RB
32027	345	12	purely	purely	RB
32027	345	13	problematical	problematical	JJ
32027	345	14	.	.	.
32027	346	1	In	in	IN
32027	346	2	lieu	lieu	NN
32027	346	3	of	of	IN
32027	346	4	well	well	RB
32027	346	5	-	-	HYPH
32027	346	6	founded	found	VBN
32027	346	7	principles	principle	NNS
32027	346	8	,	,	,
32027	346	9	the	the	DT
32027	346	10	practice	practice	NN
32027	346	11	has	have	VBZ
32027	346	12	developed	develop	VBN
32027	346	13	in	in	IN
32027	346	14	this	this	DT
32027	346	15	country	country	NN
32027	346	16	of	of	IN
32027	346	17	making	make	VBG
32027	346	18	the	the	DT
32027	346	19	minimum	minimum	JJ
32027	346	20	capitalization	capitalization	NN
32027	346	21	permitted	permit	VBN
32027	346	22	depend	depend	VBP
32027	346	23	upon	upon	IN
32027	346	24	the	the	DT
32027	346	25	population	population	NN
32027	346	26	of	of	IN
32027	346	27	the	the	DT
32027	346	28	town	town	NN
32027	346	29	in	in	IN
32027	346	30	which	which	WDT
32027	346	31	the	the	DT
32027	346	32	bank	bank	NN
32027	346	33	is	be	VBZ
32027	346	34	located	locate	VBN
32027	346	35	.	.	.
32027	347	1	This	this	DT
32027	347	2	seems	seem	VBZ
32027	347	3	to	to	TO
32027	347	4	be	be	VB
32027	347	5	a	a	DT
32027	347	6	very	very	RB
32027	347	7	crude	crude	JJ
32027	347	8	and	and	CC
32027	347	9	indirect	indirect	JJ
32027	347	10	method	method	NN
32027	347	11	of	of	IN
32027	347	12	proportioning	proportion	VBG
32027	347	13	capital	capital	NN
32027	347	14	to	to	IN
32027	347	15	the	the	DT
32027	347	16	volume	volume	NN
32027	347	17	of	of	IN
32027	347	18	business	business	NN
32027	347	19	transacted	transact	VBN
32027	347	20	.	.	.
32027	348	1	The	the	DT
32027	348	2	fixing	fixing	NN
32027	348	3	of	of	IN
32027	348	4	such	such	PDT
32027	348	5	a	a	DT
32027	348	6	proportion	proportion	NN
32027	348	7	,	,	,
32027	348	8	or	or	CC
32027	348	9	of	of	IN
32027	348	10	a	a	DT
32027	348	11	proportion	proportion	NN
32027	348	12	which	which	WDT
32027	348	13	no	no	DT
32027	348	14	bank	bank	NN
32027	348	15	should	should	MD
32027	348	16	be	be	VB
32027	348	17	permitted	permit	VBN
32027	348	18	to	to	TO
32027	348	19	exceed	exceed	VB
32027	348	20	,	,	,
32027	348	21	is	be	VBZ
32027	348	22	probably	probably	RB
32027	348	23	the	the	DT
32027	348	24	best	good	JJS
32027	348	25	method	method	NN
32027	348	26	of	of	IN
32027	348	27	solving	solve	VBG
32027	348	28	this	this	DT
32027	348	29	problem	problem	NN
32027	348	30	,	,	,
32027	348	31	but	but	CC
32027	348	32	it	-PRON-	PRP
32027	348	33	should	should	MD
32027	348	34	be	be	VB
32027	348	35	done	do	VBN
32027	348	36	directly	directly	RB
32027	348	37	and	and	CC
32027	348	38	not	not	RB
32027	348	39	by	by	IN
32027	348	40	the	the	DT
32027	348	41	roundabout	roundabout	NN
32027	348	42	method	method	NN
32027	348	43	which	which	WDT
32027	348	44	has	have	VBZ
32027	348	45	been	be	VBN
32027	348	46	mentioned	mention	VBN
32027	348	47	above	above	RB
32027	348	48	.	.	.
32027	349	1	A	a	DT
32027	349	2	proportion	proportion	NN
32027	349	3	of	of	IN
32027	349	4	ten	ten	CD
32027	349	5	to	to	IN
32027	349	6	one	one	CD
32027	349	7	between	between	IN
32027	349	8	capital	capital	NN
32027	349	9	and	and	CC
32027	349	10	aggregate	aggregate	JJ
32027	349	11	demand	demand	NN
32027	349	12	obligations	obligation	NNS
32027	349	13	would	would	MD
32027	349	14	probably	probably	RB
32027	349	15	be	be	VB
32027	349	16	justified	justify	VBN
32027	349	17	by	by	IN
32027	349	18	American	american	JJ
32027	349	19	experience	experience	NN
32027	349	20	.	.	.
32027	350	1	The	the	DT
32027	350	2	present	present	JJ
32027	350	3	practice	practice	NN
32027	350	4	of	of	IN
32027	350	5	fixing	fix	VBG
32027	350	6	the	the	DT
32027	350	7	surplus	surplus	NN
32027	350	8	fund	fund	NN
32027	350	9	at	at	IN
32027	350	10	twenty	twenty	CD
32027	350	11	per	per	IN
32027	350	12	cent	cent	NN
32027	350	13	of	of	IN
32027	350	14	the	the	DT
32027	350	15	capital	capital	NN
32027	350	16	would	would	MD
32027	350	17	be	be	VB
32027	350	18	justifiable	justifiable	JJ
32027	350	19	if	if	IN
32027	350	20	the	the	DT
32027	350	21	capital	capital	NN
32027	350	22	fund	fund	NN
32027	350	23	were	be	VBD
32027	350	24	properly	properly	RB
32027	350	25	regulated	regulate	VBN
32027	350	26	in	in	IN
32027	350	27	amount	amount	NN
32027	350	28	.	.	.
32027	351	1	(	(	-LRB-
32027	351	2	_	_	NNP
32027	351	3	b	b	NNP
32027	351	4	_	_	NNP
32027	351	5	)	)	-RRB-
32027	351	6	_	_	NNP
32027	351	7	Inflation	Inflation	NNP
32027	351	8	and	and	CC
32027	351	9	Means	Means	NNPS
32027	351	10	of	of	IN
32027	351	11	Protecting	protect	VBG
32027	351	12	the	the	DT
32027	351	13	Public	Public	NNP
32027	351	14	against	against	IN
32027	351	15	It._--The	it._--the	PRP$
32027	351	16	greatest	great	JJS
32027	351	17	abuse	abuse	NN
32027	351	18	to	to	TO
32027	351	19	which	which	WDT
32027	351	20	the	the	DT
32027	351	21	business	business	NN
32027	351	22	of	of	IN
32027	351	23	commercial	commercial	JJ
32027	351	24	banking	banking	NN
32027	351	25	is	be	VBZ
32027	351	26	subject	subject	JJ
32027	351	27	,	,	,
32027	351	28	and	and	CC
32027	351	29	against	against	IN
32027	351	30	which	which	WDT
32027	351	31	the	the	DT
32027	351	32	public	public	NN
32027	351	33	most	most	RBS
32027	351	34	needs	need	VBZ
32027	351	35	protection	protection	NN
32027	351	36	,	,	,
32027	351	37	is	be	VBZ
32027	351	38	inflation	inflation	NN
32027	351	39	.	.	.
32027	352	1	This	this	DT
32027	352	2	is	be	VBZ
32027	352	3	a	a	DT
32027	352	4	condition	condition	NN
32027	352	5	difficult	difficult	JJ
32027	352	6	to	to	TO
32027	352	7	diagnose	diagnose	VB
32027	352	8	,	,	,
32027	352	9	and	and	CC
32027	352	10	not	not	RB
32027	352	11	well	well	RB
32027	352	12	understood	understand	VBN
32027	352	13	by	by	IN
32027	352	14	the	the	DT
32027	352	15	general	general	JJ
32027	352	16	public	public	NN
32027	352	17	and	and	CC
32027	352	18	even	even	RB
32027	352	19	by	by	IN
32027	352	20	bankers	banker	NNS
32027	352	21	.	.	.
32027	353	1	The	the	DT
32027	353	2	most	most	RBS
32027	353	3	easily	easily	RB
32027	353	4	recognized	recognize	VBN
32027	353	5	symptom	symptom	NN
32027	353	6	of	of	IN
32027	353	7	its	-PRON-	PRP$
32027	353	8	existence	existence	NN
32027	353	9	is	be	VBZ
32027	353	10	the	the	DT
32027	353	11	forced	force	VBN
32027	353	12	liquidation	liquidation	NN
32027	353	13	of	of	IN
32027	353	14	credits	credit	NNS
32027	353	15	;	;	:
32027	353	16	that	that	RB
32027	353	17	is	is	RB
32027	353	18	,	,	,
32027	353	19	forced	force	VBN
32027	353	20	sales	sale	NNS
32027	353	21	of	of	IN
32027	353	22	property	property	NN
32027	353	23	in	in	IN
32027	353	24	order	order	NN
32027	353	25	to	to	TO
32027	353	26	meet	meet	VB
32027	353	27	maturing	mature	VBG
32027	353	28	obligations	obligation	NNS
32027	353	29	to	to	IN
32027	353	30	banks	bank	NNS
32027	353	31	.	.	.
32027	354	1	When	when	WRB
32027	354	2	,	,	,
32027	354	3	for	for	IN
32027	354	4	example	example	NN
32027	354	5	,	,	,
32027	354	6	the	the	DT
32027	354	7	people	people	NNS
32027	354	8	whose	whose	WP$
32027	354	9	notes	note	NNS
32027	354	10	or	or	CC
32027	354	11	bills	bill	NNS
32027	354	12	have	have	VBP
32027	354	13	been	be	VBN
32027	354	14	discounted	discount	VBN
32027	354	15	by	by	IN
32027	354	16	banks	bank	NNS
32027	354	17	default	default	NN
32027	354	18	in	in	IN
32027	354	19	large	large	JJ
32027	354	20	numbers	number	NNS
32027	354	21	,	,	,
32027	354	22	and	and	CC
32027	354	23	the	the	DT
32027	354	24	collateral	collateral	NN
32027	354	25	deposited	deposit	VBN
32027	354	26	as	as	IN
32027	354	27	security	security	NN
32027	354	28	has	have	VBZ
32027	354	29	to	to	TO
32027	354	30	be	be	VB
32027	354	31	sold	sell	VBN
32027	354	32	,	,	,
32027	354	33	or	or	CC
32027	354	34	,	,	,
32027	354	35	in	in	IN
32027	354	36	the	the	DT
32027	354	37	absence	absence	NN
32027	354	38	of	of	IN
32027	354	39	collateral	collateral	NN
32027	354	40	,	,	,
32027	354	41	the	the	DT
32027	354	42	courts	court	NNS
32027	354	43	must	must	MD
32027	354	44	order	order	VB
32027	354	45	the	the	DT
32027	354	46	sale	sale	NN
32027	354	47	of	of	IN
32027	354	48	their	-PRON-	PRP$
32027	354	49	property	property	NN
32027	354	50	,	,	,
32027	354	51	the	the	DT
32027	354	52	presence	presence	NN
32027	354	53	of	of	IN
32027	354	54	inflation	inflation	NN
32027	354	55	may	may	MD
32027	354	56	be	be	VB
32027	354	57	suspected	suspect	VBN
32027	354	58	.	.	.
32027	355	1	The	the	DT
32027	355	2	chief	chief	JJ
32027	355	3	cause	cause	NN
32027	355	4	of	of	IN
32027	355	5	inflation	inflation	NN
32027	355	6	is	be	VBZ
32027	355	7	the	the	DT
32027	355	8	issue	issue	NN
32027	355	9	by	by	IN
32027	355	10	commercial	commercial	JJ
32027	355	11	banks	bank	NNS
32027	355	12	of	of	IN
32027	355	13	demand	demand	NN
32027	355	14	obligations	obligation	NNS
32027	355	15	against	against	IN
32027	355	16	investment	investment	NN
32027	355	17	securities	security	NNS
32027	355	18	.	.	.
32027	356	1	The	the	DT
32027	356	2	means	mean	NNS
32027	356	3	of	of	IN
32027	356	4	liquidating	liquidate	VBG
32027	356	5	such	such	JJ
32027	356	6	securities	security	NNS
32027	356	7	are	be	VBP
32027	356	8	the	the	DT
32027	356	9	profits	profit	NNS
32027	356	10	of	of	IN
32027	356	11	the	the	DT
32027	356	12	enterprises	enterprise	NNS
32027	356	13	in	in	IN
32027	356	14	which	which	WDT
32027	356	15	the	the	DT
32027	356	16	investments	investment	NNS
32027	356	17	were	be	VBD
32027	356	18	made	make	VBN
32027	356	19	and	and	CC
32027	356	20	in	in	IN
32027	356	21	the	the	DT
32027	356	22	nature	nature	NN
32027	356	23	of	of	IN
32027	356	24	the	the	DT
32027	356	25	case	case	NN
32027	356	26	several	several	JJ
32027	356	27	years	year	NNS
32027	356	28	are	be	VBP
32027	356	29	required	require	VBN
32027	356	30	for	for	IN
32027	356	31	the	the	DT
32027	356	32	accomplishment	accomplishment	NN
32027	356	33	of	of	IN
32027	356	34	this	this	DT
32027	356	35	end	end	NN
32027	356	36	.	.	.
32027	357	1	Meantime	meantime	RB
32027	357	2	the	the	DT
32027	357	3	demand	demand	NN
32027	357	4	obligations	obligation	NNS
32027	357	5	of	of	IN
32027	357	6	the	the	DT
32027	357	7	banks	bank	NNS
32027	357	8	issued	issue	VBN
32027	357	9	against	against	IN
32027	357	10	them	-PRON-	PRP
32027	357	11	in	in	IN
32027	357	12	the	the	DT
32027	357	13	form	form	NN
32027	357	14	of	of	IN
32027	357	15	balances	balance	NNS
32027	357	16	on	on	IN
32027	357	17	checking	check	VBG
32027	357	18	accounts	account	NNS
32027	357	19	or	or	CC
32027	357	20	notes	note	NNS
32027	357	21	must	must	MD
32027	357	22	be	be	VB
32027	357	23	met	meet	VBN
32027	357	24	and	and	CC
32027	357	25	,	,	,
32027	357	26	the	the	DT
32027	357	27	funds	fund	NNS
32027	357	28	regularly	regularly	RB
32027	357	29	deposited	deposit	VBN
32027	357	30	with	with	IN
32027	357	31	them	-PRON-	PRP
32027	357	32	as	as	IN
32027	357	33	a	a	DT
32027	357	34	result	result	NN
32027	357	35	of	of	IN
32027	357	36	the	the	DT
32027	357	37	operation	operation	NN
32027	357	38	of	of	IN
32027	357	39	such	such	JJ
32027	357	40	enterprises	enterprise	NNS
32027	357	41	being	be	VBG
32027	357	42	inadequate	inadequate	JJ
32027	357	43	,	,	,
32027	357	44	other	other	JJ
32027	357	45	means	mean	NNS
32027	357	46	must	must	MD
32027	357	47	be	be	VB
32027	357	48	found	find	VBN
32027	357	49	.	.	.
32027	358	1	The	the	DT
32027	358	2	only	only	JJ
32027	358	3	one	one	CD
32027	358	4	available	available	JJ
32027	358	5	is	be	VBZ
32027	358	6	the	the	DT
32027	358	7	sacrifice	sacrifice	NN
32027	358	8	,	,	,
32027	358	9	at	at	IN
32027	358	10	forced	force	VBN
32027	358	11	sales	sale	NNS
32027	358	12	,	,	,
32027	358	13	of	of	IN
32027	358	14	the	the	DT
32027	358	15	property	property	NN
32027	358	16	in	in	IN
32027	358	17	which	which	WDT
32027	358	18	the	the	DT
32027	358	19	investment	investment	NN
32027	358	20	was	be	VBD
32027	358	21	made	make	VBN
32027	358	22	or	or	CC
32027	358	23	of	of	IN
32027	358	24	some	some	DT
32027	358	25	other	other	JJ
32027	358	26	property	property	NN
32027	358	27	in	in	IN
32027	358	28	the	the	DT
32027	358	29	possession	possession	NN
32027	358	30	of	of	IN
32027	358	31	the	the	DT
32027	358	32	persons	person	NNS
32027	358	33	responsible	responsible	JJ
32027	358	34	to	to	IN
32027	358	35	the	the	DT
32027	358	36	bank	bank	NN
32027	358	37	.	.	.
32027	359	1	The	the	DT
32027	359	2	banks	bank	NNS
32027	359	3	usually	usually	RB
32027	359	4	protect	protect	VBP
32027	359	5	themselves	-PRON-	PRP
32027	359	6	against	against	IN
32027	359	7	such	such	JJ
32027	359	8	forced	force	VBN
32027	359	9	liquidation	liquidation	NN
32027	359	10	by	by	IN
32027	359	11	the	the	DT
32027	359	12	requirement	requirement	NN
32027	359	13	that	that	IN
32027	359	14	the	the	DT
32027	359	15	paper	paper	NN
32027	359	16	they	-PRON-	PRP
32027	359	17	discount	discount	VBP
32027	359	18	shall	shall	MD
32027	359	19	mature	mature	VB
32027	359	20	at	at	IN
32027	359	21	short	short	JJ
32027	359	22	intervals	interval	NNS
32027	359	23	,	,	,
32027	359	24	usually	usually	RB
32027	359	25	not	not	RB
32027	359	26	to	to	TO
32027	359	27	exceed	exceed	VB
32027	359	28	four	four	CD
32027	359	29	to	to	TO
32027	359	30	six	six	CD
32027	359	31	months	month	NNS
32027	359	32	,	,	,
32027	359	33	and	and	CC
32027	359	34	accept	accept	VB
32027	359	35	the	the	DT
32027	359	36	long	long	JJ
32027	359	37	-	-	HYPH
32027	359	38	time	time	NN
32027	359	39	securities	security	NNS
32027	359	40	,	,	,
32027	359	41	such	such	JJ
32027	359	42	as	as	IN
32027	359	43	bonds	bond	NNS
32027	359	44	,	,	,
32027	359	45	stocks	stock	NNS
32027	359	46	,	,	,
32027	359	47	and	and	CC
32027	359	48	mortgages	mortgage	NNS
32027	359	49	,	,	,
32027	359	50	only	only	RB
32027	359	51	as	as	IN
32027	359	52	collateral	collateral	NN
32027	359	53	.	.	.
32027	360	1	By	by	IN
32027	360	2	this	this	DT
32027	360	3	means	mean	VBZ
32027	360	4	they	-PRON-	PRP
32027	360	5	are	be	VBP
32027	360	6	able	able	JJ
32027	360	7	to	to	TO
32027	360	8	force	force	VB
32027	360	9	the	the	DT
32027	360	10	liquidation	liquidation	NN
32027	360	11	on	on	IN
32027	360	12	their	-PRON-	PRP$
32027	360	13	customers	customer	NNS
32027	360	14	.	.	.
32027	361	1	Otherwise	otherwise	RB
32027	361	2	they	-PRON-	PRP
32027	361	3	would	would	MD
32027	361	4	be	be	VB
32027	361	5	obliged	oblige	VBN
32027	361	6	themselves	-PRON-	PRP
32027	361	7	to	to	TO
32027	361	8	endure	endure	VB
32027	361	9	it	-PRON-	PRP
32027	361	10	,	,	,
32027	361	11	with	with	IN
32027	361	12	the	the	DT
32027	361	13	result	result	NN
32027	361	14	that	that	IN
32027	361	15	their	-PRON-	PRP$
32027	361	16	capital	capital	NN
32027	361	17	and	and	CC
32027	361	18	surplus	surplus	NN
32027	361	19	funds	fund	NNS
32027	361	20	would	would	MD
32027	361	21	be	be	VB
32027	361	22	impaired	impaired	JJ
32027	361	23	and	and	CC
32027	361	24	perhaps	perhaps	RB
32027	361	25	exhausted	exhausted	JJ
32027	361	26	;	;	:
32027	361	27	and	and	CC
32027	361	28	,	,	,
32027	361	29	if	if	IN
32027	361	30	they	-PRON-	PRP
32027	361	31	should	should	MD
32027	361	32	prove	prove	VB
32027	361	33	inadequate	inadequate	JJ
32027	361	34	,	,	,
32027	361	35	failure	failure	NN
32027	361	36	would	would	MD
32027	361	37	be	be	VB
32027	361	38	inevitable	inevitable	JJ
32027	361	39	.	.	.
32027	362	1	The	the	DT
32027	362	2	evil	evil	NN
32027	362	3	involved	involve	VBN
32027	362	4	in	in	IN
32027	362	5	the	the	DT
32027	362	6	forced	force	VBN
32027	362	7	sales	sale	NNS
32027	362	8	of	of	IN
32027	362	9	property	property	NN
32027	362	10	caused	cause	VBN
32027	362	11	by	by	IN
32027	362	12	inflation	inflation	NN
32027	362	13	is	be	VBZ
32027	362	14	the	the	DT
32027	362	15	readjustment	readjustment	NN
32027	362	16	of	of	IN
32027	362	17	prices	price	NNS
32027	362	18	through	through	IN
32027	362	19	which	which	WDT
32027	362	20	it	-PRON-	PRP
32027	362	21	is	be	VBZ
32027	362	22	accomplished	accomplish	VBN
32027	362	23	,	,	,
32027	362	24	and	and	CC
32027	362	25	the	the	DT
32027	362	26	depression	depression	NN
32027	362	27	and	and	CC
32027	362	28	,	,	,
32027	362	29	sometimes	sometimes	RB
32027	362	30	,	,	,
32027	362	31	panic	panic	NN
32027	362	32	which	which	WDT
32027	362	33	follow	follow	VBP
32027	362	34	.	.	.
32027	363	1	When	when	WRB
32027	363	2	the	the	DT
32027	363	3	prices	price	NNS
32027	363	4	of	of	IN
32027	363	5	many	many	JJ
32027	363	6	kinds	kind	NNS
32027	363	7	of	of	IN
32027	363	8	property	property	NN
32027	363	9	must	must	MD
32027	363	10	be	be	VB
32027	363	11	greatly	greatly	RB
32027	363	12	depressed	depressed	JJ
32027	363	13	in	in	IN
32027	363	14	order	order	NN
32027	363	15	to	to	TO
32027	363	16	induce	induce	VB
32027	363	17	their	-PRON-	PRP$
32027	363	18	transfer	transfer	NN
32027	363	19	to	to	IN
32027	363	20	other	other	JJ
32027	363	21	hands	hand	NNS
32027	363	22	,	,	,
32027	363	23	the	the	DT
32027	363	24	machinery	machinery	NN
32027	363	25	of	of	IN
32027	363	26	commerce	commerce	NN
32027	363	27	and	and	CC
32027	363	28	industry	industry	NN
32027	363	29	is	be	VBZ
32027	363	30	thrown	throw	VBN
32027	363	31	out	out	IN
32027	363	32	of	of	IN
32027	363	33	adjustment	adjustment	NN
32027	363	34	and	and	CC
32027	363	35	is	be	VBZ
32027	363	36	sometimes	sometimes	RB
32027	363	37	rendered	render	VBN
32027	363	38	temporarily	temporarily	RB
32027	363	39	useless	useless	JJ
32027	363	40	.	.	.
32027	364	1	This	this	DT
32027	364	2	result	result	NN
32027	364	3	is	be	VBZ
32027	364	4	due	due	JJ
32027	364	5	to	to	IN
32027	364	6	the	the	DT
32027	364	7	fact	fact	NN
32027	364	8	that	that	IN
32027	364	9	the	the	DT
32027	364	10	relations	relation	NNS
32027	364	11	between	between	IN
32027	364	12	costs	cost	NNS
32027	364	13	of	of	IN
32027	364	14	production	production	NN
32027	364	15	and	and	CC
32027	364	16	the	the	DT
32027	364	17	returns	return	NNS
32027	364	18	from	from	IN
32027	364	19	the	the	DT
32027	364	20	sale	sale	NN
32027	364	21	of	of	IN
32027	364	22	finished	finished	JJ
32027	364	23	products	product	NNS
32027	364	24	are	be	VBP
32027	364	25	so	so	RB
32027	364	26	changed	change	VBN
32027	364	27	that	that	IN
32027	364	28	profits	profit	NNS
32027	364	29	are	be	VBP
32027	364	30	reduced	reduce	VBN
32027	364	31	or	or	CC
32027	364	32	annihilated	annihilate	VBN
32027	364	33	,	,	,
32027	364	34	and	and	CC
32027	364	35	many	many	JJ
32027	364	36	persons	person	NNS
32027	364	37	are	be	VBP
32027	364	38	financially	financially	RB
32027	364	39	ruined	ruin	VBN
32027	364	40	.	.	.
32027	365	1	Readjustments	readjustment	NNS
32027	365	2	of	of	IN
32027	365	3	the	the	DT
32027	365	4	prices	price	NNS
32027	365	5	of	of	IN
32027	365	6	raw	raw	JJ
32027	365	7	products	product	NNS
32027	365	8	,	,	,
32027	365	9	labor	labor	NN
32027	365	10	,	,	,
32027	365	11	and	and	CC
32027	365	12	finished	finished	JJ
32027	365	13	goods	good	NNS
32027	365	14	,	,	,
32027	365	15	and	and	CC
32027	365	16	the	the	DT
32027	365	17	transfer	transfer	NN
32027	365	18	of	of	IN
32027	365	19	plants	plant	NNS
32027	365	20	to	to	IN
32027	365	21	new	new	JJ
32027	365	22	hands	hand	NNS
32027	365	23	,	,	,
32027	365	24	are	be	VBP
32027	365	25	,	,	,
32027	365	26	therefore	therefore	RB
32027	365	27	,	,	,
32027	365	28	necessary	necessary	JJ
32027	365	29	before	before	IN
32027	365	30	industry	industry	NN
32027	365	31	,	,	,
32027	365	32	commerce	commerce	NN
32027	365	33	,	,	,
32027	365	34	and	and	CC
32027	365	35	agriculture	agriculture	NN
32027	365	36	can	can	MD
32027	365	37	again	again	RB
32027	365	38	operate	operate	VB
32027	365	39	in	in	IN
32027	365	40	a	a	DT
32027	365	41	normal	normal	JJ
32027	365	42	way	way	NN
32027	365	43	,	,	,
32027	365	44	and	and	CC
32027	365	45	during	during	IN
32027	365	46	the	the	DT
32027	365	47	period	period	NN
32027	365	48	of	of	IN
32027	365	49	readjustment	readjustment	NN
32027	365	50	some	some	DT
32027	365	51	enterprises	enterprise	NNS
32027	365	52	must	must	MD
32027	365	53	entirely	entirely	RB
32027	365	54	stop	stop	VB
32027	365	55	operations	operation	NNS
32027	365	56	,	,	,
32027	365	57	and	and	CC
32027	365	58	all	all	DT
32027	365	59	must	must	MD
32027	365	60	slow	slow	VB
32027	365	61	down	down	RP
32027	365	62	.	.	.
32027	366	1	At	at	IN
32027	366	2	such	such	JJ
32027	366	3	times	time	NNS
32027	366	4	many	many	JJ
32027	366	5	laborers	laborer	NNS
32027	366	6	are	be	VBP
32027	366	7	thrown	throw	VBN
32027	366	8	out	out	IN
32027	366	9	of	of	IN
32027	366	10	employment	employment	NN
32027	366	11	,	,	,
32027	366	12	many	many	JJ
32027	366	13	more	more	JJR
32027	366	14	work	work	NN
32027	366	15	part	part	NN
32027	366	16	time	time	NN
32027	366	17	only	only	RB
32027	366	18	,	,	,
32027	366	19	the	the	DT
32027	366	20	wages	wage	NNS
32027	366	21	of	of	IN
32027	366	22	nearly	nearly	RB
32027	366	23	all	all	DT
32027	366	24	are	be	VBP
32027	366	25	lowered	lower	VBN
32027	366	26	,	,	,
32027	366	27	and	and	CC
32027	366	28	most	most	JJS
32027	366	29	other	other	JJ
32027	366	30	classes	class	NNS
32027	366	31	of	of	IN
32027	366	32	income	income	NN
32027	366	33	are	be	VBP
32027	366	34	cut	cut	VBN
32027	366	35	down	down	RP
32027	366	36	.	.	.
32027	367	1	Depression	depression	NN
32027	367	2	and	and	CC
32027	367	3	,	,	,
32027	367	4	in	in	IN
32027	367	5	extreme	extreme	JJ
32027	367	6	cases	case	NNS
32027	367	7	,	,	,
32027	367	8	panic	panic	NN
32027	367	9	are	be	VBP
32027	367	10	the	the	DT
32027	367	11	result	result	NN
32027	367	12	,	,	,
32027	367	13	and	and	CC
32027	367	14	these	these	DT
32027	367	15	have	have	VBP
32027	367	16	serious	serious	JJ
32027	367	17	consequences	consequence	NNS
32027	367	18	other	other	JJ
32027	367	19	than	than	IN
32027	367	20	financial	financial	JJ
32027	367	21	.	.	.
32027	368	1	The	the	DT
32027	368	2	means	mean	NNS
32027	368	3	employed	employ	VBN
32027	368	4	for	for	IN
32027	368	5	the	the	DT
32027	368	6	protection	protection	NN
32027	368	7	of	of	IN
32027	368	8	the	the	DT
32027	368	9	public	public	NN
32027	368	10	against	against	IN
32027	368	11	inflation	inflation	NN
32027	368	12	are	be	VBP
32027	368	13	crude	crude	JJ
32027	368	14	and	and	CC
32027	368	15	inadequate	inadequate	JJ
32027	368	16	.	.	.
32027	369	1	They	-PRON-	PRP
32027	369	2	may	may	MD
32027	369	3	be	be	VB
32027	369	4	grouped	group	VBN
32027	369	5	under	under	IN
32027	369	6	the	the	DT
32027	369	7	heads	head	NNS
32027	369	8	:	:	:
32027	369	9	regulations	regulation	NNS
32027	369	10	regarding	regard	VBG
32027	369	11	investments	investment	NNS
32027	369	12	,	,	,
32027	369	13	reserves	reserve	NNS
32027	369	14	,	,	,
32027	369	15	and	and	CC
32027	369	16	note	note	VB
32027	369	17	issues	issue	NNS
32027	369	18	.	.	.
32027	370	1	Under	under	IN
32027	370	2	the	the	DT
32027	370	3	first	first	JJ
32027	370	4	head	head	NN
32027	370	5	belong	belong	VB
32027	370	6	in	in	IN
32027	370	7	the	the	DT
32027	370	8	banking	banking	NN
32027	370	9	legislation	legislation	NN
32027	370	10	of	of	IN
32027	370	11	this	this	DT
32027	370	12	country	country	NN
32027	370	13	limitations	limitation	NNS
32027	370	14	on	on	IN
32027	370	15	real	real	JJ
32027	370	16	estate	estate	NN
32027	370	17	investments	investment	NNS
32027	370	18	and	and	CC
32027	370	19	on	on	IN
32027	370	20	the	the	DT
32027	370	21	amount	amount	NN
32027	370	22	that	that	WDT
32027	370	23	may	may	MD
32027	370	24	be	be	VB
32027	370	25	loaned	loan	VBN
32027	370	26	to	to	IN
32027	370	27	a	a	DT
32027	370	28	single	single	JJ
32027	370	29	firm	firm	NN
32027	370	30	or	or	CC
32027	370	31	individual	individual	NN
32027	370	32	.	.	.
32027	371	1	Our	-PRON-	PRP$
32027	371	2	national	national	JJ
32027	371	3	banking	banking	NN
32027	371	4	act	act	NN
32027	371	5	and	and	CC
32027	371	6	most	most	JJS
32027	371	7	of	of	IN
32027	371	8	our	-PRON-	PRP$
32027	371	9	state	state	NN
32027	371	10	banking	banking	NN
32027	371	11	acts	act	VBZ
32027	371	12	prohibit	prohibit	VBP
32027	371	13	banks	bank	NNS
32027	371	14	from	from	IN
32027	371	15	holding	hold	VBG
32027	371	16	real	real	JJ
32027	371	17	estate	estate	NN
32027	371	18	except	except	IN
32027	371	19	for	for	IN
32027	371	20	their	-PRON-	PRP$
32027	371	21	own	own	JJ
32027	371	22	accommodation	accommodation	NN
32027	371	23	,	,	,
32027	371	24	and	and	CC
32027	371	25	as	as	IN
32027	371	26	a	a	DT
32027	371	27	means	means	NN
32027	371	28	of	of	IN
32027	371	29	reimbursing	reimburse	VBG
32027	371	30	themselves	-PRON-	PRP
32027	371	31	for	for	IN
32027	371	32	defaulted	defaulted	JJ
32027	371	33	loans	loan	NNS
32027	371	34	,	,	,
32027	371	35	and	and	CC
32027	371	36	our	-PRON-	PRP$
32027	371	37	national	national	JJ
32027	371	38	banking	banking	NNP
32027	371	39	act	act	NNP
32027	371	40	prohibits	prohibit	VBZ
32027	371	41	the	the	DT
32027	371	42	taking	taking	NN
32027	371	43	of	of	IN
32027	371	44	real	real	JJ
32027	371	45	estate	estate	NN
32027	371	46	security	security	NN
32027	371	47	for	for	IN
32027	371	48	loans	loan	NNS
32027	371	49	,	,	,
32027	371	50	and	and	CC
32027	371	51	many	many	JJ
32027	371	52	of	of	IN
32027	371	53	our	-PRON-	PRP$
32027	371	54	state	state	NN
32027	371	55	banking	banking	NN
32027	371	56	acts	act	NNS
32027	371	57	limit	limit	VBP
32027	371	58	the	the	DT
32027	371	59	amount	amount	NN
32027	371	60	of	of	IN
32027	371	61	such	such	JJ
32027	371	62	security	security	NN
32027	371	63	that	that	WDT
32027	371	64	may	may	MD
32027	371	65	be	be	VB
32027	371	66	held	hold	VBN
32027	371	67	.	.	.
32027	372	1	Our	-PRON-	PRP$
32027	372	2	national	national	JJ
32027	372	3	banking	banking	NN
32027	372	4	act	act	NN
32027	372	5	limits	limit	VBZ
32027	372	6	the	the	DT
32027	372	7	amount	amount	NN
32027	372	8	that	that	WDT
32027	372	9	may	may	MD
32027	372	10	be	be	VB
32027	372	11	loaned	loan	VBN
32027	372	12	to	to	IN
32027	372	13	a	a	DT
32027	372	14	single	single	JJ
32027	372	15	firm	firm	NN
32027	372	16	or	or	CC
32027	372	17	individual	individual	NN
32027	372	18	to	to	IN
32027	372	19	one	one	CD
32027	372	20	-	-	HYPH
32027	372	21	tenth	tenth	NN
32027	372	22	of	of	IN
32027	372	23	the	the	DT
32027	372	24	bank	bank	NN
32027	372	25	's	's	POS
32027	372	26	capital	capital	NN
32027	372	27	and	and	CC
32027	372	28	surplus	surplus	NN
32027	372	29	,	,	,
32027	372	30	and	and	CC
32027	372	31	similar	similar	JJ
32027	372	32	regulations	regulation	NNS
32027	372	33	are	be	VBP
32027	372	34	common	common	JJ
32027	372	35	in	in	IN
32027	372	36	state	state	NN
32027	372	37	banking	banking	NN
32027	372	38	legislation	legislation	NN
32027	372	39	.	.	.
32027	373	1	The	the	DT
32027	373	2	purpose	purpose	NN
32027	373	3	of	of	IN
32027	373	4	these	these	DT
32027	373	5	regulations	regulation	NNS
32027	373	6	is	be	VBZ
32027	373	7	to	to	TO
32027	373	8	confine	confine	VB
32027	373	9	the	the	DT
32027	373	10	investments	investment	NNS
32027	373	11	of	of	IN
32027	373	12	banks	bank	NNS
32027	373	13	to	to	IN
32027	373	14	what	what	WP
32027	373	15	are	be	VBP
32027	373	16	called	call	VBN
32027	373	17	liquid	liquid	JJ
32027	373	18	securities	security	NNS
32027	373	19	,	,	,
32027	373	20	but	but	CC
32027	373	21	they	-PRON-	PRP
32027	373	22	fail	fail	VBP
32027	373	23	to	to	TO
32027	373	24	evince	evince	VB
32027	373	25	a	a	DT
32027	373	26	proper	proper	JJ
32027	373	27	conception	conception	NN
32027	373	28	on	on	IN
32027	373	29	the	the	DT
32027	373	30	part	part	NN
32027	373	31	of	of	IN
32027	373	32	their	-PRON-	PRP$
32027	373	33	authors	author	NNS
32027	373	34	of	of	IN
32027	373	35	what	what	WP
32027	373	36	really	really	RB
32027	373	37	makes	make	VBZ
32027	373	38	a	a	DT
32027	373	39	security	security	NN
32027	373	40	liquid	liquid	NN
32027	373	41	.	.	.
32027	374	1	Apparently	apparently	RB
32027	374	2	legislators	legislator	NNS
32027	374	3	and	and	CC
32027	374	4	their	-PRON-	PRP$
32027	374	5	advisers	adviser	NNS
32027	374	6	have	have	VBP
32027	374	7	felt	feel	VBN
32027	374	8	that	that	IN
32027	374	9	if	if	IN
32027	374	10	the	the	DT
32027	374	11	securities	security	NNS
32027	374	12	held	hold	VBN
32027	374	13	by	by	IN
32027	374	14	the	the	DT
32027	374	15	banks	bank	NNS
32027	374	16	mature	mature	VBP
32027	374	17	in	in	IN
32027	374	18	short	short	JJ
32027	374	19	periods	period	NNS
32027	374	20	,	,	,
32027	374	21	or	or	CC
32027	374	22	are	be	VBP
32027	374	23	listed	list	VBN
32027	374	24	on	on	IN
32027	374	25	a	a	DT
32027	374	26	stock	stock	NN
32027	374	27	exchange	exchange	NN
32027	374	28	,	,	,
32027	374	29	they	-PRON-	PRP
32027	374	30	are	be	VBP
32027	374	31	liquid	liquid	JJ
32027	374	32	;	;	:
32027	374	33	but	but	CC
32027	374	34	such	such	JJ
32027	374	35	is	be	VBZ
32027	374	36	not	not	RB
32027	374	37	necessarily	necessarily	RB
32027	374	38	the	the	DT
32027	374	39	case	case	NN
32027	374	40	.	.	.
32027	375	1	Commercial	commercial	JJ
32027	375	2	paper	paper	NN
32027	375	3	only	only	RB
32027	375	4	is	be	VBZ
32027	375	5	really	really	RB
32027	375	6	liquid	liquid	JJ
32027	375	7	,	,	,
32027	375	8	since	since	IN
32027	375	9	it	-PRON-	PRP
32027	375	10	represents	represent	VBZ
32027	375	11	a	a	DT
32027	375	12	current	current	JJ
32027	375	13	commercial	commercial	JJ
32027	375	14	process	process	NN
32027	375	15	which	which	WDT
32027	375	16	will	will	MD
32027	375	17	soon	soon	RB
32027	375	18	be	be	VB
32027	375	19	completed	complete	VBN
32027	375	20	and	and	CC
32027	375	21	the	the	DT
32027	375	22	completion	completion	NN
32027	375	23	of	of	IN
32027	375	24	which	which	WDT
32027	375	25	automatically	automatically	RB
32027	375	26	provides	provide	VBZ
32027	375	27	the	the	DT
32027	375	28	means	mean	NNS
32027	375	29	for	for	IN
32027	375	30	its	-PRON-	PRP$
32027	375	31	payment	payment	NN
32027	375	32	.	.	.
32027	376	1	Such	such	JJ
32027	376	2	paper	paper	NN
32027	376	3	usually	usually	RB
32027	376	4	matures	mature	NNS
32027	376	5	in	in	IN
32027	376	6	short	short	JJ
32027	376	7	periods	period	NNS
32027	376	8	,	,	,
32027	376	9	but	but	CC
32027	376	10	the	the	DT
32027	376	11	characteristic	characteristic	NN
32027	376	12	of	of	IN
32027	376	13	liquidity	liquidity	NN
32027	376	14	results	result	NNS
32027	376	15	not	not	RB
32027	376	16	from	from	IN
32027	376	17	the	the	DT
32027	376	18	date	date	NN
32027	376	19	at	at	IN
32027	376	20	which	which	WDT
32027	376	21	it	-PRON-	PRP
32027	376	22	is	be	VBZ
32027	376	23	made	make	VBN
32027	376	24	to	to	TO
32027	376	25	mature	mature	VB
32027	376	26	,	,	,
32027	376	27	but	but	CC
32027	376	28	from	from	IN
32027	376	29	the	the	DT
32027	376	30	commercial	commercial	JJ
32027	376	31	process	process	NN
32027	376	32	which	which	WDT
32027	376	33	called	call	VBD
32027	376	34	it	-PRON-	PRP
32027	376	35	into	into	IN
32027	376	36	existence	existence	NN
32027	376	37	and	and	CC
32027	376	38	will	will	MD
32027	376	39	ultimately	ultimately	RB
32027	376	40	retire	retire	VB
32027	376	41	it	-PRON-	PRP
32027	376	42	.	.	.
32027	377	1	In	in	IN
32027	377	2	this	this	DT
32027	377	3	country	country	NN
32027	377	4	very	very	RB
32027	377	5	often	often	RB
32027	377	6	paper	paper	NN
32027	377	7	of	of	IN
32027	377	8	short	short	JJ
32027	377	9	maturity	maturity	NN
32027	377	10	is	be	VBZ
32027	377	11	so	so	RB
32027	377	12	in	in	IN
32027	377	13	form	form	NN
32027	377	14	only	only	RB
32027	377	15	,	,	,
32027	377	16	its	-PRON-	PRP$
32027	377	17	makers	maker	NNS
32027	377	18	expecting	expect	VBG
32027	377	19	to	to	TO
32027	377	20	renew	renew	VB
32027	377	21	it	-PRON-	PRP
32027	377	22	,	,	,
32027	377	23	instead	instead	RB
32027	377	24	of	of	IN
32027	377	25	pay	pay	VB
32027	377	26	it	-PRON-	PRP
32027	377	27	,	,	,
32027	377	28	at	at	IN
32027	377	29	maturity	maturity	NN
32027	377	30	.	.	.
32027	378	1	Bonds	bond	NNS
32027	378	2	and	and	CC
32027	378	3	stocks	stock	NNS
32027	378	4	,	,	,
32027	378	5	even	even	RB
32027	378	6	though	though	IN
32027	378	7	they	-PRON-	PRP
32027	378	8	may	may	MD
32027	378	9	be	be	VB
32027	378	10	listed	list	VBN
32027	378	11	on	on	IN
32027	378	12	a	a	DT
32027	378	13	stock	stock	NN
32027	378	14	exchange	exchange	NN
32027	378	15	and	and	CC
32027	378	16	daily	daily	NNP
32027	378	17	bought	buy	VBD
32027	378	18	and	and	CC
32027	378	19	sold	sell	VBN
32027	378	20	,	,	,
32027	378	21	are	be	VBP
32027	378	22	not	not	RB
32027	378	23	liquid	liquid	JJ
32027	378	24	securities	security	NNS
32027	378	25	in	in	IN
32027	378	26	the	the	DT
32027	378	27	proper	proper	JJ
32027	378	28	sense	sense	NN
32027	378	29	of	of	IN
32027	378	30	that	that	DT
32027	378	31	term	term	NN
32027	378	32	.	.	.
32027	379	1	An	an	DT
32027	379	2	individual	individual	JJ
32027	379	3	bank	bank	NN
32027	379	4	may	may	MD
32027	379	5	be	be	VB
32027	379	6	able	able	JJ
32027	379	7	to	to	TO
32027	379	8	sell	sell	VB
32027	379	9	them	-PRON-	PRP
32027	379	10	in	in	IN
32027	379	11	case	case	NN
32027	379	12	of	of	IN
32027	379	13	need	need	NN
32027	379	14	,	,	,
32027	379	15	but	but	CC
32027	379	16	such	such	JJ
32027	379	17	sale	sale	NN
32027	379	18	is	be	VBZ
32027	379	19	simply	simply	RB
32027	379	20	the	the	DT
32027	379	21	transfer	transfer	NN
32027	379	22	of	of	IN
32027	379	23	the	the	DT
32027	379	24	investment	investment	NN
32027	379	25	to	to	IN
32027	379	26	another	another	DT
32027	379	27	bank	bank	NN
32027	379	28	or	or	CC
32027	379	29	person	person	NN
32027	379	30	,	,	,
32027	379	31	and	and	CC
32027	379	32	not	not	RB
32027	379	33	its	-PRON-	PRP$
32027	379	34	liquidation	liquidation	NN
32027	379	35	.	.	.
32027	380	1	The	the	DT
32027	380	2	security	security	NN
32027	380	3	still	still	RB
32027	380	4	exists	exist	VBZ
32027	380	5	and	and	CC
32027	380	6	must	must	MD
32027	380	7	be	be	VB
32027	380	8	paid	pay	VBN
32027	380	9	,	,	,
32027	380	10	while	while	IN
32027	380	11	its	-PRON-	PRP$
32027	380	12	liquidation	liquidation	NN
32027	380	13	would	would	MD
32027	380	14	take	take	VB
32027	380	15	it	-PRON-	PRP
32027	380	16	out	out	IN
32027	380	17	of	of	IN
32027	380	18	existence	existence	NN
32027	380	19	.	.	.
32027	381	1	Foreign	foreign	JJ
32027	381	2	legislators	legislator	NNS
32027	381	3	have	have	VBP
32027	381	4	approximated	approximate	VBN
32027	381	5	more	more	RBR
32027	381	6	closely	closely	RB
32027	381	7	than	than	IN
32027	381	8	ours	-PRON-	PRP
32027	381	9	what	what	WP
32027	381	10	is	be	VBZ
32027	381	11	needed	need	VBN
32027	381	12	in	in	IN
32027	381	13	the	the	DT
32027	381	14	regulation	regulation	NN
32027	381	15	of	of	IN
32027	381	16	bank	bank	NN
32027	381	17	investments	investment	NNS
32027	381	18	.	.	.
32027	382	1	In	in	IN
32027	382	2	the	the	DT
32027	382	3	case	case	NN
32027	382	4	of	of	IN
32027	382	5	their	-PRON-	PRP$
32027	382	6	central	central	JJ
32027	382	7	banks	bank	NNS
32027	382	8	,	,	,
32027	382	9	many	many	JJ
32027	382	10	of	of	IN
32027	382	11	them	-PRON-	PRP
32027	382	12	,	,	,
32027	382	13	notably	notably	RB
32027	382	14	those	those	DT
32027	382	15	of	of	IN
32027	382	16	France	France	NNP
32027	382	17	and	and	CC
32027	382	18	Germany	Germany	NNP
32027	382	19	,	,	,
32027	382	20	have	have	VBP
32027	382	21	recognized	recognize	VBN
32027	382	22	the	the	DT
32027	382	23	fundamental	fundamental	JJ
32027	382	24	distinction	distinction	NN
32027	382	25	between	between	IN
32027	382	26	commercial	commercial	JJ
32027	382	27	and	and	CC
32027	382	28	investment	investment	NN
32027	382	29	paper	paper	NN
32027	382	30	,	,	,
32027	382	31	and	and	CC
32027	382	32	have	have	VBP
32027	382	33	required	require	VBN
32027	382	34	them	-PRON-	PRP
32027	382	35	to	to	TO
32027	382	36	hold	hold	VB
32027	382	37	the	the	DT
32027	382	38	former	former	JJ
32027	382	39	against	against	IN
32027	382	40	their	-PRON-	PRP$
32027	382	41	demand	demand	NN
32027	382	42	obligations	obligation	NNS
32027	382	43	,	,	,
32027	382	44	especially	especially	RB
32027	382	45	their	-PRON-	PRP$
32027	382	46	notes	note	NNS
32027	382	47	.	.	.
32027	383	1	The	the	DT
32027	383	2	regulation	regulation	NN
32027	383	3	of	of	IN
32027	383	4	reserves	reserve	NNS
32027	383	5	has	have	VBZ
32027	383	6	become	become	VBN
32027	383	7	a	a	DT
32027	383	8	subject	subject	NN
32027	383	9	of	of	IN
32027	383	10	legislation	legislation	NN
32027	383	11	in	in	IN
32027	383	12	this	this	DT
32027	383	13	country	country	NN
32027	383	14	only	only	RB
32027	383	15	.	.	.
32027	384	1	Our	-PRON-	PRP$
32027	384	2	national	national	JJ
32027	384	3	banking	banking	NN
32027	384	4	act	act	NN
32027	384	5	classifies	classify	VBZ
32027	384	6	national	national	JJ
32027	384	7	banks	bank	NNS
32027	384	8	into	into	IN
32027	384	9	three	three	CD
32027	384	10	groups	group	NNS
32027	384	11	,	,	,
32027	384	12	called	call	VBN
32027	384	13	country	country	NN
32027	384	14	,	,	,
32027	384	15	reserve	reserve	NN
32027	384	16	city	city	NN
32027	384	17	,	,	,
32027	384	18	and	and	CC
32027	384	19	central	central	NNP
32027	384	20	reserve	reserve	NNP
32027	384	21	city	city	NNP
32027	384	22	banks	bank	NNS
32027	384	23	,	,	,
32027	384	24	and	and	CC
32027	384	25	requires	require	VBZ
32027	384	26	those	those	DT
32027	384	27	in	in	IN
32027	384	28	the	the	DT
32027	384	29	first	first	JJ
32027	384	30	mentioned	mention	VBN
32027	384	31	group	group	NN
32027	384	32	to	to	TO
32027	384	33	keep	keep	VB
32027	384	34	cash	cash	NN
32027	384	35	in	in	IN
32027	384	36	their	-PRON-	PRP$
32027	384	37	vaults	vault	NNS
32027	384	38	to	to	IN
32027	384	39	the	the	DT
32027	384	40	amount	amount	NN
32027	384	41	of	of	IN
32027	384	42	at	at	RB
32027	384	43	least	least	JJS
32027	384	44	six	six	CD
32027	384	45	per	per	IN
32027	384	46	cent	cent	NN
32027	384	47	of	of	IN
32027	384	48	their	-PRON-	PRP$
32027	384	49	deposits	deposit	NNS
32027	384	50	,	,	,
32027	384	51	and	and	CC
32027	384	52	balances	balance	NNS
32027	384	53	in	in	IN
32027	384	54	approved	approve	VBN
32027	384	55	reserve	reserve	NNP
32027	384	56	city	city	NN
32027	384	57	banks	bank	NNS
32027	384	58	sufficient	sufficient	JJ
32027	384	59	to	to	TO
32027	384	60	bring	bring	VB
32027	384	61	the	the	DT
32027	384	62	total	total	JJ
32027	384	63	amount	amount	NN
32027	384	64	up	up	IN
32027	384	65	to	to	TO
32027	384	66	fifteen	fifteen	CD
32027	384	67	per	per	IN
32027	384	68	cent	cent	NN
32027	384	69	of	of	IN
32027	384	70	their	-PRON-	PRP$
32027	384	71	deposits	deposit	NNS
32027	384	72	.	.	.
32027	385	1	Banks	bank	NNS
32027	385	2	in	in	IN
32027	385	3	reserve	reserve	NN
32027	385	4	cities	city	NNS
32027	385	5	are	be	VBP
32027	385	6	required	require	VBN
32027	385	7	to	to	TO
32027	385	8	keep	keep	VB
32027	385	9	in	in	IN
32027	385	10	their	-PRON-	PRP$
32027	385	11	vaults	vault	NNS
32027	385	12	cash	cash	NN
32027	385	13	to	to	IN
32027	385	14	the	the	DT
32027	385	15	amount	amount	NN
32027	385	16	of	of	IN
32027	385	17	at	at	IN
32027	385	18	least	least	JJS
32027	385	19	twelve	twelve	CD
32027	385	20	and	and	CC
32027	385	21	one	one	CD
32027	385	22	-	-	HYPH
32027	385	23	half	half	NN
32027	385	24	per	per	IN
32027	385	25	cent	cent	NN
32027	385	26	of	of	IN
32027	385	27	their	-PRON-	PRP$
32027	385	28	deposits	deposit	NNS
32027	385	29	,	,	,
32027	385	30	and	and	CC
32027	385	31	balances	balance	NNS
32027	385	32	in	in	IN
32027	385	33	central	central	NNP
32027	385	34	reserve	reserve	NNP
32027	385	35	cities	city	NNS
32027	385	36	sufficient	sufficient	JJ
32027	385	37	to	to	TO
32027	385	38	bring	bring	VB
32027	385	39	the	the	DT
32027	385	40	total	total	NN
32027	385	41	up	up	IN
32027	385	42	to	to	TO
32027	385	43	twenty	twenty	CD
32027	385	44	-	-	HYPH
32027	385	45	five	five	CD
32027	385	46	per	per	IN
32027	385	47	cent	cent	NN
32027	385	48	of	of	IN
32027	385	49	their	-PRON-	PRP$
32027	385	50	deposits	deposit	NNS
32027	385	51	.	.	.
32027	386	1	Banks	bank	NNS
32027	386	2	in	in	IN
32027	386	3	central	central	JJ
32027	386	4	reserve	reserve	NN
32027	386	5	cities	city	NNS
32027	386	6	are	be	VBP
32027	386	7	required	require	VBN
32027	386	8	to	to	TO
32027	386	9	keep	keep	VB
32027	386	10	at	at	RB
32027	386	11	least	least	JJS
32027	386	12	twenty	twenty	CD
32027	386	13	-	-	HYPH
32027	386	14	five	five	CD
32027	386	15	per	per	IN
32027	386	16	cent	cent	NN
32027	386	17	of	of	IN
32027	386	18	their	-PRON-	PRP$
32027	386	19	deposits	deposit	NNS
32027	386	20	in	in	IN
32027	386	21	cash	cash	NN
32027	386	22	in	in	IN
32027	386	23	their	-PRON-	PRP$
32027	386	24	vaults	vault	NNS
32027	386	25	.	.	.
32027	387	1	When	when	WRB
32027	387	2	the	the	DT
32027	387	3	reserves	reserve	NNS
32027	387	4	of	of	IN
32027	387	5	a	a	DT
32027	387	6	bank	bank	NN
32027	387	7	fall	fall	NN
32027	387	8	to	to	IN
32027	387	9	the	the	DT
32027	387	10	prescribed	prescribe	VBN
32027	387	11	minimum	minimum	NN
32027	387	12	,	,	,
32027	387	13	all	all	DT
32027	387	14	discounting	discount	VBG
32027	387	15	must	must	MD
32027	387	16	cease	cease	VB
32027	387	17	.	.	.
32027	388	1	Regulations	regulation	NNS
32027	388	2	essentially	essentially	RB
32027	388	3	similar	similar	JJ
32027	388	4	are	be	VBP
32027	388	5	found	find	VBN
32027	388	6	in	in	IN
32027	388	7	the	the	DT
32027	388	8	banking	banking	NN
32027	388	9	laws	law	NNS
32027	388	10	of	of	IN
32027	388	11	most	most	JJS
32027	388	12	of	of	IN
32027	388	13	our	-PRON-	PRP$
32027	388	14	states	state	NNS
32027	388	15	.	.	.
32027	389	1	The	the	DT
32027	389	2	purpose	purpose	NN
32027	389	3	of	of	IN
32027	389	4	these	these	DT
32027	389	5	regulations	regulation	NNS
32027	389	6	is	be	VBZ
32027	389	7	to	to	TO
32027	389	8	set	set	VB
32027	389	9	a	a	DT
32027	389	10	limit	limit	NN
32027	389	11	to	to	IN
32027	389	12	the	the	DT
32027	389	13	extent	extent	NN
32027	389	14	to	to	TO
32027	389	15	which	which	WDT
32027	389	16	banks	bank	NNS
32027	389	17	may	may	MD
32027	389	18	expand	expand	VB
32027	389	19	the	the	DT
32027	389	20	volume	volume	NN
32027	389	21	of	of	IN
32027	389	22	their	-PRON-	PRP$
32027	389	23	loans	loan	NNS
32027	389	24	and	and	CC
32027	389	25	discounts	discount	NNS
32027	389	26	,	,	,
32027	389	27	in	in	IN
32027	389	28	the	the	DT
32027	389	29	belief	belief	NN
32027	389	30	,	,	,
32027	389	31	apparently	apparently	RB
32027	389	32	,	,	,
32027	389	33	that	that	IN
32027	389	34	,	,	,
32027	389	35	if	if	IN
32027	389	36	at	at	IN
32027	389	37	least	least	JJS
32027	389	38	the	the	DT
32027	389	39	prescribed	prescribed	JJ
32027	389	40	proportion	proportion	NN
32027	389	41	of	of	IN
32027	389	42	cash	cash	NN
32027	389	43	is	be	VBZ
32027	389	44	all	all	PDT
32027	389	45	the	the	DT
32027	389	46	time	time	NN
32027	389	47	kept	keep	VBN
32027	389	48	on	on	IN
32027	389	49	hand	hand	NN
32027	389	50	,	,	,
32027	389	51	the	the	DT
32027	389	52	banks	bank	NNS
32027	389	53	will	will	MD
32027	389	54	be	be	VB
32027	389	55	able	able	JJ
32027	389	56	to	to	TO
32027	389	57	meet	meet	VB
32027	389	58	their	-PRON-	PRP$
32027	389	59	obligations	obligation	NNS
32027	389	60	.	.	.
32027	390	1	As	as	IN
32027	390	2	in	in	IN
32027	390	3	the	the	DT
32027	390	4	case	case	NN
32027	390	5	of	of	IN
32027	390	6	the	the	DT
32027	390	7	regulations	regulation	NNS
32027	390	8	concerning	concern	VBG
32027	390	9	investments	investment	NNS
32027	390	10	,	,	,
32027	390	11	the	the	DT
32027	390	12	authors	author	NNS
32027	390	13	of	of	IN
32027	390	14	these	these	DT
32027	390	15	failed	fail	VBD
32027	390	16	to	to	TO
32027	390	17	recognize	recognize	VB
32027	390	18	the	the	DT
32027	390	19	significance	significance	NN
32027	390	20	,	,	,
32027	390	21	from	from	IN
32027	390	22	the	the	DT
32027	390	23	point	point	NN
32027	390	24	of	of	IN
32027	390	25	view	view	NN
32027	390	26	of	of	IN
32027	390	27	the	the	DT
32027	390	28	cash	cash	NN
32027	390	29	demands	demand	NNS
32027	390	30	likely	likely	JJ
32027	390	31	to	to	TO
32027	390	32	be	be	VB
32027	390	33	made	make	VBN
32027	390	34	upon	upon	IN
32027	390	35	banks	bank	NNS
32027	390	36	,	,	,
32027	390	37	of	of	IN
32027	390	38	the	the	DT
32027	390	39	kind	kind	NN
32027	390	40	of	of	IN
32027	390	41	paper	paper	NN
32027	390	42	admitted	admit	VBN
32027	390	43	to	to	IN
32027	390	44	discount	discount	NN
32027	390	45	.	.	.
32027	391	1	If	if	IN
32027	391	2	discounts	discount	NNS
32027	391	3	be	be	VB
32027	391	4	confined	confine	VBN
32027	391	5	to	to	IN
32027	391	6	commercial	commercial	JJ
32027	391	7	paper	paper	NN
32027	391	8	,	,	,
32027	391	9	the	the	DT
32027	391	10	demand	demand	NN
32027	391	11	obligations	obligation	NNS
32027	391	12	they	-PRON-	PRP
32027	391	13	create	create	VBP
32027	391	14	will	will	MD
32027	391	15	be	be	VB
32027	391	16	met	meet	VBN
32027	391	17	for	for	IN
32027	391	18	the	the	DT
32027	391	19	most	most	JJS
32027	391	20	part	part	NN
32027	391	21	by	by	IN
32027	391	22	transfers	transfer	NNS
32027	391	23	of	of	IN
32027	391	24	credits	credit	NNS
32027	391	25	on	on	IN
32027	391	26	the	the	DT
32027	391	27	banks	bank	NNS
32027	391	28	'	'	POS
32027	391	29	books	book	NNS
32027	391	30	or	or	CC
32027	391	31	by	by	IN
32027	391	32	the	the	DT
32027	391	33	return	return	NN
32027	391	34	of	of	IN
32027	391	35	the	the	DT
32027	391	36	notes	note	NNS
32027	391	37	issued	issue	VBN
32027	391	38	,	,	,
32027	391	39	and	and	CC
32027	391	40	,	,	,
32027	391	41	as	as	IN
32027	391	42	foreign	foreign	JJ
32027	391	43	experience	experience	NN
32027	391	44	has	have	VBZ
32027	391	45	demonstrated	demonstrate	VBN
32027	391	46	,	,	,
32027	391	47	the	the	DT
32027	391	48	adjustment	adjustment	NN
32027	391	49	of	of	IN
32027	391	50	cash	cash	NN
32027	391	51	resources	resource	NNS
32027	391	52	to	to	TO
32027	391	53	needs	need	NNS
32027	391	54	can	can	MD
32027	391	55	safely	safely	RB
32027	391	56	be	be	VB
32027	391	57	left	leave	VBN
32027	391	58	to	to	IN
32027	391	59	the	the	DT
32027	391	60	judgment	judgment	NN
32027	391	61	of	of	IN
32027	391	62	the	the	DT
32027	391	63	bankers	banker	NNS
32027	391	64	themselves	-PRON-	PRP
32027	391	65	,	,	,
32027	391	66	who	who	WP
32027	391	67	,	,	,
32027	391	68	through	through	IN
32027	391	69	variations	variation	NNS
32027	391	70	in	in	IN
32027	391	71	the	the	DT
32027	391	72	discount	discount	NN
32027	391	73	rate	rate	NN
32027	391	74	,	,	,
32027	391	75	rediscounts	rediscount	NNS
32027	391	76	,	,	,
32027	391	77	and	and	CC
32027	391	78	other	other	JJ
32027	391	79	means	mean	NNS
32027	391	80	,	,	,
32027	391	81	can	can	MD
32027	391	82	regulate	regulate	VB
32027	391	83	it	-PRON-	PRP
32027	391	84	with	with	IN
32027	391	85	ease	ease	NN
32027	391	86	.	.	.
32027	392	1	If	if	IN
32027	392	2	investment	investment	NN
32027	392	3	paper	paper	NN
32027	392	4	is	be	VBZ
32027	392	5	admitted	admit	VBN
32027	392	6	to	to	TO
32027	392	7	discount	discount	VB
32027	392	8	,	,	,
32027	392	9	reserves	reserve	NNS
32027	392	10	less	less	JJR
32027	392	11	than	than	IN
32027	392	12	one	one	CD
32027	392	13	hundred	hundred	CD
32027	392	14	per	per	IN
32027	392	15	cent	cent	NN
32027	392	16	of	of	IN
32027	392	17	the	the	DT
32027	392	18	demand	demand	NN
32027	392	19	obligations	obligation	NNS
32027	392	20	thereby	thereby	RB
32027	392	21	created	create	VBN
32027	392	22	are	be	VBP
32027	392	23	unsafe	unsafe	JJ
32027	392	24	,	,	,
32027	392	25	since	since	IN
32027	392	26	a	a	DT
32027	392	27	less	less	JJR
32027	392	28	amount	amount	NN
32027	392	29	is	be	VBZ
32027	392	30	likely	likely	JJ
32027	392	31	to	to	TO
32027	392	32	force	force	VB
32027	392	33	liquidation	liquidation	NN
32027	392	34	on	on	IN
32027	392	35	the	the	DT
32027	392	36	banks	bank	NNS
32027	392	37	'	'	POS
32027	392	38	customers	customer	NNS
32027	392	39	,	,	,
32027	392	40	with	with	IN
32027	392	41	the	the	DT
32027	392	42	results	result	NNS
32027	392	43	above	above	IN
32027	392	44	indicated	indicate	VBD
32027	392	45	.	.	.
32027	393	1	The	the	DT
32027	393	2	most	most	RBS
32027	393	3	elaborate	elaborate	JJ
32027	393	4	regulations	regulation	NNS
32027	393	5	for	for	IN
32027	393	6	the	the	DT
32027	393	7	prevention	prevention	NN
32027	393	8	of	of	IN
32027	393	9	inflation	inflation	NN
32027	393	10	have	have	VBP
32027	393	11	been	be	VBN
32027	393	12	developed	develop	VBN
32027	393	13	in	in	IN
32027	393	14	connection	connection	NN
32027	393	15	with	with	IN
32027	393	16	legislation	legislation	NN
32027	393	17	concerning	concern	VBG
32027	393	18	note	note	NN
32027	393	19	issues	issue	NNS
32027	393	20	.	.	.
32027	394	1	The	the	DT
32027	394	2	reason	reason	NN
32027	394	3	for	for	IN
32027	394	4	this	this	DT
32027	394	5	is	be	VBZ
32027	394	6	the	the	DT
32027	394	7	fact	fact	NN
32027	394	8	that	that	IN
32027	394	9	commercial	commercial	JJ
32027	394	10	banking	banking	NN
32027	394	11	was	be	VBD
32027	394	12	at	at	IN
32027	394	13	its	-PRON-	PRP$
32027	394	14	origin	origin	NN
32027	394	15	and	and	CC
32027	394	16	for	for	IN
32027	394	17	a	a	DT
32027	394	18	long	long	JJ
32027	394	19	time	time	NN
32027	394	20	thereafter	thereafter	RB
32027	394	21	carried	carry	VBN
32027	394	22	on	on	IN
32027	394	23	almost	almost	RB
32027	394	24	exclusively	exclusively	RB
32027	394	25	through	through	IN
32027	394	26	note	note	NN
32027	394	27	issues	issue	NNS
32027	394	28	,	,	,
32027	394	29	the	the	DT
32027	394	30	conduct	conduct	NN
32027	394	31	of	of	IN
32027	394	32	checking	check	VBG
32027	394	33	accounts	account	NNS
32027	394	34	being	be	VBG
32027	394	35	a	a	DT
32027	394	36	comparatively	comparatively	RB
32027	394	37	recent	recent	JJ
32027	394	38	development	development	NN
32027	394	39	.	.	.
32027	395	1	The	the	DT
32027	395	2	phenomenon	phenomenon	NN
32027	395	3	of	of	IN
32027	395	4	inflation	inflation	NN
32027	395	5	was	be	VBD
32027	395	6	,	,	,
32027	395	7	therefore	therefore	RB
32027	395	8	,	,	,
32027	395	9	first	first	RB
32027	395	10	observed	observe	VBN
32027	395	11	in	in	IN
32027	395	12	connection	connection	NN
32027	395	13	with	with	IN
32027	395	14	note	note	NN
32027	395	15	issues	issue	NNS
32027	395	16	and	and	CC
32027	395	17	associated	associate	VBN
32027	395	18	with	with	IN
32027	395	19	them	-PRON-	PRP
32027	395	20	.	.	.
32027	396	1	Even	even	RB
32027	396	2	now	now	RB
32027	396	3	the	the	DT
32027	396	4	essential	essential	JJ
32027	396	5	similarity	similarity	NN
32027	396	6	of	of	IN
32027	396	7	note	note	NN
32027	396	8	issues	issue	NNS
32027	396	9	and	and	CC
32027	396	10	checking	check	VBG
32027	396	11	accounts	account	NNS
32027	396	12	as	as	IN
32027	396	13	banking	banking	NN
32027	396	14	instrumentalities	instrumentality	NNS
32027	396	15	is	be	VBZ
32027	396	16	not	not	RB
32027	396	17	universally	universally	RB
32027	396	18	recognized	recognize	VBN
32027	396	19	.	.	.
32027	397	1	The	the	DT
32027	397	2	means	mean	NNS
32027	397	3	of	of	IN
32027	397	4	safeguarding	safeguarding	NN
32027	397	5	note	note	NN
32027	397	6	issues	issue	NNS
32027	397	7	which	which	WDT
32027	397	8	have	have	VBP
32027	397	9	been	be	VBN
32027	397	10	incorporated	incorporate	VBN
32027	397	11	into	into	IN
32027	397	12	legislative	legislative	JJ
32027	397	13	enactments	enactment	NNS
32027	397	14	are	be	VBP
32027	397	15	the	the	DT
32027	397	16	prior	prior	JJ
32027	397	17	lien	lien	NN
32027	397	18	on	on	IN
32027	397	19	assets	asset	NNS
32027	397	20	,	,	,
32027	397	21	the	the	DT
32027	397	22	safety	safety	NN
32027	397	23	fund	fund	NN
32027	397	24	,	,	,
32027	397	25	the	the	DT
32027	397	26	requirement	requirement	NN
32027	397	27	and	and	CC
32027	397	28	sometimes	sometimes	RB
32027	397	29	the	the	DT
32027	397	30	mortgaging	mortgaging	NN
32027	397	31	of	of	IN
32027	397	32	special	special	JJ
32027	397	33	assets	asset	NNS
32027	397	34	,	,	,
32027	397	35	and	and	CC
32027	397	36	the	the	DT
32027	397	37	limitation	limitation	NN
32027	397	38	of	of	IN
32027	397	39	the	the	DT
32027	397	40	total	total	JJ
32027	397	41	issues	issue	NNS
32027	397	42	.	.	.
32027	398	1	By	by	IN
32027	398	2	the	the	DT
32027	398	3	prior	prior	JJ
32027	398	4	lien	lien	NN
32027	398	5	is	be	VBZ
32027	398	6	meant	mean	VBN
32027	398	7	the	the	DT
32027	398	8	provision	provision	NN
32027	398	9	that	that	IN
32027	398	10	in	in	IN
32027	398	11	case	case	NN
32027	398	12	of	of	IN
32027	398	13	failure	failure	NN
32027	398	14	the	the	DT
32027	398	15	note	note	NN
32027	398	16	holders	holder	NNS
32027	398	17	shall	shall	MD
32027	398	18	be	be	VB
32027	398	19	paid	pay	VBN
32027	398	20	in	in	IN
32027	398	21	full	full	JJ
32027	398	22	before	before	IN
32027	398	23	any	any	DT
32027	398	24	of	of	IN
32027	398	25	the	the	DT
32027	398	26	assets	asset	NNS
32027	398	27	are	be	VBP
32027	398	28	distributed	distribute	VBN
32027	398	29	among	among	IN
32027	398	30	other	other	JJ
32027	398	31	creditors	creditor	NNS
32027	398	32	.	.	.
32027	399	1	By	by	IN
32027	399	2	the	the	DT
32027	399	3	safety	safety	NN
32027	399	4	fund	fund	NN
32027	399	5	is	be	VBZ
32027	399	6	meant	mean	VBN
32027	399	7	a	a	DT
32027	399	8	required	require	VBN
32027	399	9	contribution	contribution	NN
32027	399	10	from	from	IN
32027	399	11	each	each	DT
32027	399	12	bank	bank	NN
32027	399	13	,	,	,
32027	399	14	usually	usually	RB
32027	399	15	a	a	DT
32027	399	16	percentage	percentage	NN
32027	399	17	of	of	IN
32027	399	18	the	the	DT
32027	399	19	amount	amount	NN
32027	399	20	of	of	IN
32027	399	21	notes	note	NNS
32027	399	22	issued	issue	VBN
32027	399	23	,	,	,
32027	399	24	placed	place	VBN
32027	399	25	in	in	IN
32027	399	26	the	the	DT
32027	399	27	hands	hand	NNS
32027	399	28	of	of	IN
32027	399	29	some	some	DT
32027	399	30	public	public	JJ
32027	399	31	official	official	NN
32027	399	32	and	and	CC
32027	399	33	kept	keep	VBD
32027	399	34	for	for	IN
32027	399	35	the	the	DT
32027	399	36	redemption	redemption	NN
32027	399	37	,	,	,
32027	399	38	in	in	IN
32027	399	39	case	case	NN
32027	399	40	of	of	IN
32027	399	41	failure	failure	NN
32027	399	42	,	,	,
32027	399	43	of	of	IN
32027	399	44	such	such	JJ
32027	399	45	of	of	IN
32027	399	46	the	the	DT
32027	399	47	notes	note	NNS
32027	399	48	of	of	IN
32027	399	49	failed	fail	VBN
32027	399	50	banks	bank	NNS
32027	399	51	as	as	IN
32027	399	52	can	can	MD
32027	399	53	not	not	RB
32027	399	54	be	be	VB
32027	399	55	redeemed	redeem	VBN
32027	399	56	out	out	IN
32027	399	57	of	of	IN
32027	399	58	the	the	DT
32027	399	59	assets	asset	NNS
32027	399	60	of	of	IN
32027	399	61	the	the	DT
32027	399	62	banks	bank	NNS
32027	399	63	themselves	-PRON-	PRP
32027	399	64	.	.	.
32027	400	1	Additional	additional	JJ
32027	400	2	contributions	contribution	NNS
32027	400	3	from	from	IN
32027	400	4	the	the	DT
32027	400	5	solvent	solvent	NN
32027	400	6	banks	bank	NNS
32027	400	7	are	be	VBP
32027	400	8	required	require	VBN
32027	400	9	for	for	IN
32027	400	10	the	the	DT
32027	400	11	replenishment	replenishment	NN
32027	400	12	of	of	IN
32027	400	13	the	the	DT
32027	400	14	fund	fund	NN
32027	400	15	when	when	WRB
32027	400	16	it	-PRON-	PRP
32027	400	17	has	have	VBZ
32027	400	18	been	be	VBN
32027	400	19	depleted	deplete	VBN
32027	400	20	.	.	.
32027	401	1	The	the	DT
32027	401	2	practice	practice	NN
32027	401	3	of	of	IN
32027	401	4	different	different	JJ
32027	401	5	countries	country	NNS
32027	401	6	regarding	regard	VBG
32027	401	7	the	the	DT
32027	401	8	requirement	requirement	NN
32027	401	9	of	of	IN
32027	401	10	special	special	JJ
32027	401	11	assets	asset	NNS
32027	401	12	to	to	TO
32027	401	13	be	be	VB
32027	401	14	held	hold	VBN
32027	401	15	against	against	IN
32027	401	16	note	note	NN
32027	401	17	issues	issue	NNS
32027	401	18	,	,	,
32027	401	19	as	as	RB
32027	401	20	well	well	RB
32027	401	21	as	as	IN
32027	401	22	regarding	regard	VBG
32027	401	23	the	the	DT
32027	401	24	mortgaging	mortgaging	NN
32027	401	25	of	of	IN
32027	401	26	such	such	JJ
32027	401	27	assets	asset	NNS
32027	401	28	,	,	,
32027	401	29	is	be	VBZ
32027	401	30	not	not	RB
32027	401	31	the	the	DT
32027	401	32	same	same	JJ
32027	401	33	.	.	.
32027	402	1	Germany	Germany	NNP
32027	402	2	and	and	CC
32027	402	3	France	France	NNP
32027	402	4	,	,	,
32027	402	5	for	for	IN
32027	402	6	example	example	NN
32027	402	7	,	,	,
32027	402	8	require	require	VBP
32027	402	9	their	-PRON-	PRP$
32027	402	10	banks	bank	NNS
32027	402	11	to	to	TO
32027	402	12	cover	cover	VB
32027	402	13	their	-PRON-	PRP$
32027	402	14	note	note	NN
32027	402	15	issues	issue	NNS
32027	402	16	by	by	IN
32027	402	17	designated	designate	VBN
32027	402	18	proportions	proportion	NNS
32027	402	19	of	of	IN
32027	402	20	commercial	commercial	JJ
32027	402	21	paper	paper	NN
32027	402	22	and	and	CC
32027	402	23	coin	coin	NN
32027	402	24	,	,	,
32027	402	25	while	while	IN
32027	402	26	the	the	DT
32027	402	27	United	United	NNP
32027	402	28	States	States	NNP
32027	402	29	requires	require	VBZ
32027	402	30	its	-PRON-	PRP$
32027	402	31	banks	bank	NNS
32027	402	32	of	of	IN
32027	402	33	issue	issue	NN
32027	402	34	to	to	TO
32027	402	35	cover	cover	VB
32027	402	36	their	-PRON-	PRP$
32027	402	37	notes	note	NNS
32027	402	38	by	by	IN
32027	402	39	government	government	NN
32027	402	40	bonds	bond	NNS
32027	402	41	and	and	CC
32027	402	42	to	to	TO
32027	402	43	contribute	contribute	VB
32027	402	44	a	a	DT
32027	402	45	five	five	CD
32027	402	46	per	per	IN
32027	402	47	cent	cent	NN
32027	402	48	redemption	redemption	NN
32027	402	49	fund	fund	NN
32027	402	50	in	in	IN
32027	402	51	addition	addition	NN
32027	402	52	,	,	,
32027	402	53	and	and	CC
32027	402	54	England	England	NNP
32027	402	55	requires	require	VBZ
32027	402	56	the	the	DT
32027	402	57	Bank	Bank	NNP
32027	402	58	of	of	IN
32027	402	59	England	England	NNP
32027	402	60	to	to	TO
32027	402	61	cover	cover	VB
32027	402	62	a	a	DT
32027	402	63	designated	designate	VBN
32027	402	64	amount	amount	NN
32027	402	65	of	of	IN
32027	402	66	its	-PRON-	PRP$
32027	402	67	issues	issue	NNS
32027	402	68	by	by	IN
32027	402	69	government	government	NN
32027	402	70	and	and	CC
32027	402	71	other	other	JJ
32027	402	72	securities	security	NNS
32027	402	73	and	and	CC
32027	402	74	the	the	DT
32027	402	75	remainder	remainder	NN
32027	402	76	by	by	IN
32027	402	77	coin	coin	NN
32027	402	78	.	.	.
32027	403	1	Unlike	unlike	IN
32027	403	2	the	the	DT
32027	403	3	others	other	NNS
32027	403	4	,	,	,
32027	403	5	the	the	DT
32027	403	6	United	United	NNP
32027	403	7	States	States	NNP
32027	403	8	mortgages	mortgage	NNS
32027	403	9	to	to	IN
32027	403	10	the	the	DT
32027	403	11	note	note	NN
32027	403	12	holders	holder	NNS
32027	403	13	the	the	DT
32027	403	14	securities	security	NNS
32027	403	15	,	,	,
32027	403	16	that	that	RB
32027	403	17	is	is	RB
32027	403	18	,	,	,
32027	403	19	the	the	DT
32027	403	20	government	government	NN
32027	403	21	bonds	bond	NNS
32027	403	22	,	,	,
32027	403	23	required	require	VBN
32027	403	24	to	to	TO
32027	403	25	be	be	VB
32027	403	26	held	hold	VBN
32027	403	27	against	against	IN
32027	403	28	the	the	DT
32027	403	29	notes	note	NNS
32027	403	30	,	,	,
32027	403	31	by	by	IN
32027	403	32	providing	provide	VBG
32027	403	33	that	that	IN
32027	403	34	in	in	IN
32027	403	35	case	case	NN
32027	403	36	of	of	IN
32027	403	37	failure	failure	NN
32027	403	38	these	these	DT
32027	403	39	securities	security	NNS
32027	403	40	shall	shall	MD
32027	403	41	be	be	VB
32027	403	42	sold	sell	VBN
32027	403	43	and	and	CC
32027	403	44	the	the	DT
32027	403	45	proceeds	proceed	NNS
32027	403	46	used	use	VBN
32027	403	47	for	for	IN
32027	403	48	the	the	DT
32027	403	49	settlement	settlement	NN
32027	403	50	of	of	IN
32027	403	51	their	-PRON-	PRP$
32027	403	52	claims	claim	NNS
32027	403	53	.	.	.
32027	404	1	In	in	IN
32027	404	2	all	all	DT
32027	404	3	of	of	IN
32027	404	4	these	these	DT
32027	404	5	provisions	provision	NNS
32027	404	6	,	,	,
32027	404	7	the	the	DT
32027	404	8	protection	protection	NN
32027	404	9	of	of	IN
32027	404	10	note	note	NN
32027	404	11	holders	holder	NNS
32027	404	12	against	against	IN
32027	404	13	loss	loss	NN
32027	404	14	in	in	IN
32027	404	15	case	case	NN
32027	404	16	of	of	IN
32027	404	17	failure	failure	NN
32027	404	18	has	have	VBZ
32027	404	19	been	be	VBN
32027	404	20	an	an	DT
32027	404	21	influential	influential	JJ
32027	404	22	consideration	consideration	NN
32027	404	23	,	,	,
32027	404	24	and	and	CC
32027	404	25	in	in	IN
32027	404	26	the	the	DT
32027	404	27	cases	case	NNS
32027	404	28	of	of	IN
32027	404	29	the	the	DT
32027	404	30	prior	prior	JJ
32027	404	31	lien	lien	NN
32027	404	32	and	and	CC
32027	404	33	the	the	DT
32027	404	34	safety	safety	NN
32027	404	35	fund	fund	NN
32027	404	36	,	,	,
32027	404	37	the	the	DT
32027	404	38	only	only	JJ
32027	404	39	one	one	CD
32027	404	40	.	.	.
32027	405	1	The	the	DT
32027	405	2	prevention	prevention	NN
32027	405	3	of	of	IN
32027	405	4	inflation	inflation	NN
32027	405	5	may	may	MD
32027	405	6	have	have	VB
32027	405	7	entered	enter	VBN
32027	405	8	into	into	IN
32027	405	9	consideration	consideration	NN
32027	405	10	in	in	IN
32027	405	11	the	the	DT
32027	405	12	other	other	JJ
32027	405	13	cases	case	NNS
32027	405	14	,	,	,
32027	405	15	but	but	CC
32027	405	16	among	among	IN
32027	405	17	the	the	DT
32027	405	18	states	state	NNS
32027	405	19	mentioned	mention	VBD
32027	405	20	the	the	DT
32027	405	21	regulations	regulation	NNS
32027	405	22	of	of	IN
32027	405	23	France	France	NNP
32027	405	24	and	and	CC
32027	405	25	Germany	Germany	NNP
32027	405	26	alone	alone	RB
32027	405	27	are	be	VBP
32027	405	28	efficient	efficient	JJ
32027	405	29	in	in	IN
32027	405	30	this	this	DT
32027	405	31	direction	direction	NN
32027	405	32	,	,	,
32027	405	33	since	since	IN
32027	405	34	they	-PRON-	PRP
32027	405	35	alone	alone	RB
32027	405	36	prohibit	prohibit	VBP
32027	405	37	note	note	NN
32027	405	38	issues	issue	NNS
32027	405	39	against	against	IN
32027	405	40	investment	investment	NN
32027	405	41	securities	security	NNS
32027	405	42	.	.	.
32027	406	1	The	the	DT
32027	406	2	above	above	RB
32027	406	3	mentioned	mention	VBN
32027	406	4	regulations	regulation	NNS
32027	406	5	of	of	IN
32027	406	6	England	England	NNP
32027	406	7	and	and	CC
32027	406	8	the	the	DT
32027	406	9	United	United	NNP
32027	406	10	States	States	NNP
32027	406	11	tend	tend	VBP
32027	406	12	rather	rather	RB
32027	406	13	to	to	TO
32027	406	14	promote	promote	VB
32027	406	15	,	,	,
32027	406	16	than	than	IN
32027	406	17	to	to	TO
32027	406	18	prevent	prevent	VB
32027	406	19	,	,	,
32027	406	20	inflation	inflation	NN
32027	406	21	,	,	,
32027	406	22	since	since	IN
32027	406	23	they	-PRON-	PRP
32027	406	24	require	require	VBP
32027	406	25	the	the	DT
32027	406	26	holding	holding	NN
32027	406	27	of	of	IN
32027	406	28	investment	investment	NN
32027	406	29	securities	security	NNS
32027	406	30	against	against	IN
32027	406	31	note	note	NN
32027	406	32	issues	issue	NNS
32027	406	33	.	.	.
32027	407	1	The	the	DT
32027	407	2	limitation	limitation	NN
32027	407	3	of	of	IN
32027	407	4	the	the	DT
32027	407	5	aggregate	aggregate	JJ
32027	407	6	amount	amount	NN
32027	407	7	of	of	IN
32027	407	8	notes	note	NNS
32027	407	9	that	that	WDT
32027	407	10	may	may	MD
32027	407	11	be	be	VB
32027	407	12	issued	issue	VBN
32027	407	13	is	be	VBZ
32027	407	14	a	a	DT
32027	407	15	common	common	JJ
32027	407	16	legislative	legislative	JJ
32027	407	17	regulation	regulation	NN
32027	407	18	.	.	.
32027	408	1	In	in	IN
32027	408	2	the	the	DT
32027	408	3	United	United	NNP
32027	408	4	States	States	NNP
32027	408	5	the	the	DT
32027	408	6	limit	limit	NN
32027	408	7	set	set	VBN
32027	408	8	is	be	VBZ
32027	408	9	the	the	DT
32027	408	10	amount	amount	NN
32027	408	11	of	of	IN
32027	408	12	the	the	DT
32027	408	13	capital	capital	NN
32027	408	14	stock	stock	NN
32027	408	15	,	,	,
32027	408	16	and	and	CC
32027	408	17	in	in	IN
32027	408	18	France	France	NNP
32027	408	19	it	-PRON-	PRP
32027	408	20	is	be	VBZ
32027	408	21	an	an	DT
32027	408	22	arbitrary	arbitrary	JJ
32027	408	23	figure	figure	NN
32027	408	24	from	from	IN
32027	408	25	time	time	NN
32027	408	26	to	to	IN
32027	408	27	time	time	NN
32027	408	28	changed	change	VBD
32027	408	29	as	as	IN
32027	408	30	the	the	DT
32027	408	31	needs	need	NNS
32027	408	32	of	of	IN
32027	408	33	the	the	DT
32027	408	34	bank	bank	NN
32027	408	35	seem	seem	VBP
32027	408	36	to	to	TO
32027	408	37	require	require	VB
32027	408	38	.	.	.
32027	409	1	As	as	IN
32027	409	2	a	a	DT
32027	409	3	safeguard	safeguard	NN
32027	409	4	against	against	IN
32027	409	5	inflation	inflation	NN
32027	409	6	,	,	,
32027	409	7	the	the	DT
32027	409	8	value	value	NN
32027	409	9	of	of	IN
32027	409	10	such	such	JJ
32027	409	11	limitation	limitation	NN
32027	409	12	depends	depend	VBZ
32027	409	13	upon	upon	IN
32027	409	14	the	the	DT
32027	409	15	basis	basis	NN
32027	409	16	of	of	IN
32027	409	17	the	the	DT
32027	409	18	issues	issue	NNS
32027	409	19	.	.	.
32027	410	1	If	if	IN
32027	410	2	it	-PRON-	PRP
32027	410	3	is	be	VBZ
32027	410	4	investment	investment	NN
32027	410	5	securities	security	NNS
32027	410	6	,	,	,
32027	410	7	as	as	IN
32027	410	8	in	in	IN
32027	410	9	the	the	DT
32027	410	10	case	case	NN
32027	410	11	of	of	IN
32027	410	12	the	the	DT
32027	410	13	United	United	NNP
32027	410	14	States	States	NNP
32027	410	15	,	,	,
32027	410	16	limitation	limitation	NN
32027	410	17	to	to	IN
32027	410	18	a	a	DT
32027	410	19	low	low	JJ
32027	410	20	figure	figure	NN
32027	410	21	,	,	,
32027	410	22	not	not	RB
32027	410	23	in	in	IN
32027	410	24	any	any	DT
32027	410	25	case	case	NN
32027	410	26	to	to	TO
32027	410	27	exceed	exceed	VB
32027	410	28	the	the	DT
32027	410	29	capital	capital	NN
32027	410	30	stock	stock	NN
32027	410	31	,	,	,
32027	410	32	is	be	VBZ
32027	410	33	desirable	desirable	JJ
32027	410	34	,	,	,
32027	410	35	since	since	IN
32027	410	36	such	such	JJ
32027	410	37	limitation	limitation	NN
32027	410	38	keeps	keep	VBZ
32027	410	39	the	the	DT
32027	410	40	inflation	inflation	NN
32027	410	41	within	within	IN
32027	410	42	such	such	JJ
32027	410	43	bounds	bound	NNS
32027	410	44	that	that	IN
32027	410	45	the	the	DT
32027	410	46	banks	bank	NNS
32027	410	47	themselves	-PRON-	PRP
32027	410	48	may	may	MD
32027	410	49	be	be	VB
32027	410	50	able	able	JJ
32027	410	51	to	to	TO
32027	410	52	withstand	withstand	VB
32027	410	53	the	the	DT
32027	410	54	effects	effect	NNS
32027	410	55	of	of	IN
32027	410	56	it	-PRON-	PRP
32027	410	57	by	by	IN
32027	410	58	selling	sell	VBG
32027	410	59	upon	upon	IN
32027	410	60	foreign	foreign	JJ
32027	410	61	markets	market	NNS
32027	410	62	,	,	,
32027	410	63	without	without	IN
32027	410	64	great	great	JJ
32027	410	65	and	and	CC
32027	410	66	perhaps	perhaps	RB
32027	410	67	without	without	IN
32027	410	68	any	any	DT
32027	410	69	loss	loss	NN
32027	410	70	,	,	,
32027	410	71	the	the	DT
32027	410	72	securities	security	NNS
32027	410	73	in	in	IN
32027	410	74	which	which	WDT
32027	410	75	their	-PRON-	PRP$
32027	410	76	capital	capital	NN
32027	410	77	and	and	CC
32027	410	78	surplus	surplus	JJ
32027	410	79	funds	fund	NNS
32027	410	80	are	be	VBP
32027	410	81	invested	invest	VBN
32027	410	82	.	.	.
32027	411	1	If	if	IN
32027	411	2	the	the	DT
32027	411	3	basis	basis	NN
32027	411	4	of	of	IN
32027	411	5	issues	issue	NNS
32027	411	6	be	be	VB
32027	411	7	commercial	commercial	JJ
32027	411	8	paper	paper	NN
32027	411	9	,	,	,
32027	411	10	such	such	JJ
32027	411	11	limitation	limitation	NN
32027	411	12	is	be	VBZ
32027	411	13	unnecessary	unnecessary	JJ
32027	411	14	,	,	,
32027	411	15	since	since	IN
32027	411	16	inflation	inflation	NN
32027	411	17	in	in	IN
32027	411	18	such	such	PDT
32027	411	19	a	a	DT
32027	411	20	case	case	NN
32027	411	21	is	be	VBZ
32027	411	22	improbable	improbable	JJ
32027	411	23	,	,	,
32027	411	24	and	and	CC
32027	411	25	pernicious	pernicious	JJ
32027	411	26	,	,	,
32027	411	27	unless	unless	IN
32027	411	28	it	-PRON-	PRP
32027	411	29	be	be	VB
32027	411	30	placed	place	VBN
32027	411	31	above	above	IN
32027	411	32	the	the	DT
32027	411	33	point	point	NN
32027	411	34	which	which	WDT
32027	411	35	the	the	DT
32027	411	36	volume	volume	NN
32027	411	37	of	of	IN
32027	411	38	issues	issue	NNS
32027	411	39	is	be	VBZ
32027	411	40	likely	likely	JJ
32027	411	41	in	in	IN
32027	411	42	ordinary	ordinary	JJ
32027	411	43	cases	case	NNS
32027	411	44	to	to	TO
32027	411	45	reach	reach	VB
32027	411	46	.	.	.
32027	412	1	(	(	-LRB-
32027	412	2	_	_	NNP
32027	412	3	c	c	NNP
32027	412	4	_	_	NNP
32027	412	5	)	)	-RRB-
32027	412	6	_	_	NNP
32027	412	7	Other	other	JJ
32027	412	8	Means	Means	NNPS
32027	412	9	of	of	IN
32027	412	10	Safeguarding	safeguard	VBG
32027	412	11	the	the	DT
32027	412	12	Interests	Interests	NNPS
32027	412	13	of	of	IN
32027	412	14	the	the	DT
32027	412	15	Public._--Experience	public._--experience	NN
32027	412	16	has	have	VBZ
32027	412	17	shown	show	VBN
32027	412	18	that	that	IN
32027	412	19	publicity	publicity	NN
32027	412	20	is	be	VBZ
32027	412	21	a	a	DT
32027	412	22	valuable	valuable	JJ
32027	412	23	safeguard	safeguard	NN
32027	412	24	against	against	IN
32027	412	25	bad	bad	JJ
32027	412	26	bank	bank	NN
32027	412	27	practices	practice	NNS
32027	412	28	,	,	,
32027	412	29	and	and	CC
32027	412	30	legislation	legislation	NN
32027	412	31	has	have	VBZ
32027	412	32	,	,	,
32027	412	33	therefore	therefore	RB
32027	412	34	,	,	,
32027	412	35	provided	provide	VBN
32027	412	36	for	for	IN
32027	412	37	it	-PRON-	PRP
32027	412	38	by	by	IN
32027	412	39	the	the	DT
32027	412	40	requirement	requirement	NN
32027	412	41	that	that	IN
32027	412	42	statements	statement	NNS
32027	412	43	of	of	IN
32027	412	44	banking	banking	NN
32027	412	45	operations	operation	NNS
32027	412	46	shall	shall	MD
32027	412	47	be	be	VB
32027	412	48	published	publish	VBN
32027	412	49	from	from	IN
32027	412	50	time	time	NN
32027	412	51	to	to	IN
32027	412	52	time	time	NN
32027	412	53	.	.	.
32027	413	1	The	the	DT
32027	413	2	national	national	JJ
32027	413	3	banking	banking	NN
32027	413	4	act	act	NN
32027	413	5	of	of	IN
32027	413	6	the	the	DT
32027	413	7	United	United	NNP
32027	413	8	States	States	NNP
32027	413	9	and	and	CC
32027	413	10	many	many	JJ
32027	413	11	of	of	IN
32027	413	12	our	-PRON-	PRP$
32027	413	13	state	state	NN
32027	413	14	banking	banking	NN
32027	413	15	acts	act	VBZ
32027	413	16	,	,	,
32027	413	17	for	for	IN
32027	413	18	example	example	NN
32027	413	19	,	,	,
32027	413	20	provide	provide	VB
32027	413	21	for	for	IN
32027	413	22	the	the	DT
32027	413	23	publication	publication	NN
32027	413	24	five	five	CD
32027	413	25	times	time	NNS
32027	413	26	a	a	DT
32027	413	27	year	year	NN
32027	413	28	of	of	IN
32027	413	29	bank	bank	NN
32027	413	30	balance	balance	NN
32027	413	31	sheets	sheet	NNS
32027	413	32	,	,	,
32027	413	33	drawn	draw	VBN
32027	413	34	up	up	RP
32027	413	35	according	accord	VBG
32027	413	36	to	to	IN
32027	413	37	prescribed	prescribed	JJ
32027	413	38	forms	form	NNS
32027	413	39	.	.	.
32027	414	1	The	the	DT
32027	414	2	inspection	inspection	NN
32027	414	3	of	of	IN
32027	414	4	banks	bank	NNS
32027	414	5	by	by	IN
32027	414	6	public	public	JJ
32027	414	7	examiners	examiner	NNS
32027	414	8	and	and	CC
32027	414	9	the	the	DT
32027	414	10	requirement	requirement	NN
32027	414	11	of	of	IN
32027	414	12	detailed	detailed	JJ
32027	414	13	reports	report	NNS
32027	414	14	to	to	IN
32027	414	15	public	public	JJ
32027	414	16	officials	official	NNS
32027	414	17	are	be	VBP
32027	414	18	also	also	RB
32027	414	19	provided	provide	VBN
32027	414	20	for	for	IN
32027	414	21	in	in	IN
32027	414	22	our	-PRON-	PRP$
32027	414	23	federal	federal	JJ
32027	414	24	and	and	CC
32027	414	25	state	state	NN
32027	414	26	legislation	legislation	NN
32027	414	27	.	.	.
32027	415	1	Canada	Canada	NNP
32027	415	2	requires	require	VBZ
32027	415	3	the	the	DT
32027	415	4	reports	report	NNS
32027	415	5	but	but	CC
32027	415	6	not	not	RB
32027	415	7	the	the	DT
32027	415	8	inspection	inspection	NN
32027	415	9	by	by	IN
32027	415	10	public	public	JJ
32027	415	11	officials	official	NNS
32027	415	12	,	,	,
32027	415	13	on	on	IN
32027	415	14	the	the	DT
32027	415	15	ground	ground	NN
32027	415	16	that	that	IN
32027	415	17	the	the	DT
32027	415	18	latter	latter	JJ
32027	415	19	can	can	MD
32027	415	20	not	not	RB
32027	415	21	be	be	VB
32027	415	22	thorough	thorough	JJ
32027	415	23	and	and	CC
32027	415	24	efficient	efficient	JJ
32027	415	25	,	,	,
32027	415	26	and	and	CC
32027	415	27	is	be	VBZ
32027	415	28	,	,	,
32027	415	29	therefore	therefore	RB
32027	415	30	,	,	,
32027	415	31	likely	likely	JJ
32027	415	32	to	to	TO
32027	415	33	mislead	mislead	VB
32027	415	34	the	the	DT
32027	415	35	public	public	NN
32027	415	36	and	and	CC
32027	415	37	cause	cause	VB
32027	415	38	it	-PRON-	PRP
32027	415	39	to	to	TO
32027	415	40	be	be	VB
32027	415	41	less	less	RBR
32027	415	42	vigilant	vigilant	JJ
32027	415	43	than	than	IN
32027	415	44	it	-PRON-	PRP
32027	415	45	otherwise	otherwise	RB
32027	415	46	would	would	MD
32027	415	47	be	be	VB
32027	415	48	in	in	IN
32027	415	49	the	the	DT
32027	415	50	use	use	NN
32027	415	51	of	of	IN
32027	415	52	other	other	JJ
32027	415	53	means	mean	NNS
32027	415	54	of	of	IN
32027	415	55	safeguarding	safeguard	VBG
32027	415	56	its	-PRON-	PRP$
32027	415	57	interests	interest	NNS
32027	415	58	.	.	.
32027	416	1	Legislation	legislation	NN
32027	416	2	in	in	IN
32027	416	3	this	this	DT
32027	416	4	country	country	NN
32027	416	5	has	have	VBZ
32027	416	6	also	also	RB
32027	416	7	concerned	concern	VBN
32027	416	8	itself	-PRON-	PRP
32027	416	9	with	with	IN
32027	416	10	the	the	DT
32027	416	11	duties	duty	NNS
32027	416	12	of	of	IN
32027	416	13	bank	bank	NN
32027	416	14	directors	director	NNS
32027	416	15	and	and	CC
32027	416	16	the	the	DT
32027	416	17	enforcement	enforcement	NN
32027	416	18	of	of	IN
32027	416	19	their	-PRON-	PRP$
32027	416	20	performance	performance	NN
32027	416	21	,	,	,
32027	416	22	and	and	CC
32027	416	23	with	with	IN
32027	416	24	the	the	DT
32027	416	25	relations	relation	NNS
32027	416	26	of	of	IN
32027	416	27	bank	bank	NN
32027	416	28	officers	officer	NNS
32027	416	29	to	to	IN
32027	416	30	their	-PRON-	PRP$
32027	416	31	banks	bank	NNS
32027	416	32	,	,	,
32027	416	33	particularly	particularly	RB
32027	416	34	those	those	DT
32027	416	35	involved	involve	VBN
32027	416	36	in	in	IN
32027	416	37	borrowing	borrow	VBG
32027	416	38	for	for	IN
32027	416	39	their	-PRON-	PRP$
32027	416	40	own	own	JJ
32027	416	41	uses	use	NNS
32027	416	42	or	or	CC
32027	416	43	for	for	IN
32027	416	44	firms	firm	NNS
32027	416	45	or	or	CC
32027	416	46	corporations	corporation	NNS
32027	416	47	in	in	IN
32027	416	48	which	which	WDT
32027	416	49	they	-PRON-	PRP
32027	416	50	are	be	VBP
32027	416	51	interested	interested	JJ
32027	416	52	.	.	.
32027	417	1	A	a	DT
32027	417	2	recent	recent	JJ
32027	417	3	legislative	legislative	JJ
32027	417	4	experiment	experiment	NN
32027	417	5	along	along	IN
32027	417	6	quite	quite	PDT
32027	417	7	a	a	DT
32027	417	8	new	new	JJ
32027	417	9	line	line	NN
32027	417	10	has	have	VBZ
32027	417	11	been	be	VBN
32027	417	12	undertaken	undertake	VBN
32027	417	13	in	in	IN
32027	417	14	this	this	DT
32027	417	15	country	country	NN
32027	417	16	in	in	IN
32027	417	17	the	the	DT
32027	417	18	form	form	NN
32027	417	19	of	of	IN
32027	417	20	laws	law	NNS
32027	417	21	providing	provide	VBG
32027	417	22	for	for	IN
32027	417	23	the	the	DT
32027	417	24	mutual	mutual	JJ
32027	417	25	insurance	insurance	NN
32027	417	26	of	of	IN
32027	417	27	depositors	depositor	NNS
32027	417	28	.	.	.
32027	418	1	Oklahoma	Oklahoma	NNP
32027	418	2	started	start	VBD
32027	418	3	this	this	DT
32027	418	4	experiment	experiment	NN
32027	418	5	,	,	,
32027	418	6	and	and	CC
32027	418	7	her	-PRON-	PRP$
32027	418	8	example	example	NN
32027	418	9	has	have	VBZ
32027	418	10	been	be	VBN
32027	418	11	followed	follow	VBN
32027	418	12	by	by	IN
32027	418	13	other	other	JJ
32027	418	14	states	state	NNS
32027	418	15	.	.	.
32027	419	1	The	the	DT
32027	419	2	essence	essence	NN
32027	419	3	of	of	IN
32027	419	4	the	the	DT
32027	419	5	experiment	experiment	NN
32027	419	6	consists	consist	VBZ
32027	419	7	in	in	IN
32027	419	8	the	the	DT
32027	419	9	provision	provision	NN
32027	419	10	of	of	IN
32027	419	11	a	a	DT
32027	419	12	fund	fund	NN
32027	419	13	out	out	IN
32027	419	14	of	of	IN
32027	419	15	which	which	WDT
32027	419	16	is	be	VBZ
32027	419	17	paid	pay	VBN
32027	419	18	to	to	IN
32027	419	19	the	the	DT
32027	419	20	depositors	depositor	NNS
32027	419	21	of	of	IN
32027	419	22	failed	fail	VBN
32027	419	23	banks	bank	NNS
32027	419	24	that	that	DT
32027	419	25	portion	portion	NN
32027	419	26	of	of	IN
32027	419	27	their	-PRON-	PRP$
32027	419	28	claims	claim	NNS
32027	419	29	which	which	WDT
32027	419	30	can	can	MD
32027	419	31	not	not	RB
32027	419	32	be	be	VB
32027	419	33	met	meet	VBN
32027	419	34	from	from	IN
32027	419	35	the	the	DT
32027	419	36	liquidation	liquidation	NN
32027	419	37	of	of	IN
32027	419	38	the	the	DT
32027	419	39	assets	asset	NNS
32027	419	40	of	of	IN
32027	419	41	the	the	DT
32027	419	42	defunct	defunct	JJ
32027	419	43	banks	bank	NNS
32027	419	44	,	,	,
32027	419	45	such	such	JJ
32027	419	46	fund	fund	NN
32027	419	47	to	to	TO
32027	419	48	be	be	VB
32027	419	49	contributed	contribute	VBN
32027	419	50	by	by	IN
32027	419	51	the	the	DT
32027	419	52	other	other	JJ
32027	419	53	banks	bank	NNS
32027	419	54	belonging	belong	VBG
32027	419	55	to	to	IN
32027	419	56	the	the	DT
32027	419	57	system	system	NN
32027	419	58	.	.	.
32027	420	1	The	the	DT
32027	420	2	protection	protection	NN
32027	420	3	of	of	IN
32027	420	4	depositors	depositor	NNS
32027	420	5	against	against	IN
32027	420	6	loss	loss	NN
32027	420	7	is	be	VBZ
32027	420	8	a	a	DT
32027	420	9	commendable	commendable	JJ
32027	420	10	aim	aim	NN
32027	420	11	of	of	IN
32027	420	12	legislation	legislation	NN
32027	420	13	,	,	,
32027	420	14	but	but	CC
32027	420	15	this	this	DT
32027	420	16	method	method	NN
32027	420	17	of	of	IN
32027	420	18	attaining	attain	VBG
32027	420	19	this	this	DT
32027	420	20	aim	aim	NN
32027	420	21	is	be	VBZ
32027	420	22	open	open	JJ
32027	420	23	to	to	IN
32027	420	24	the	the	DT
32027	420	25	serious	serious	JJ
32027	420	26	objection	objection	NN
32027	420	27	that	that	WDT
32027	420	28	it	-PRON-	PRP
32027	420	29	removes	remove	VBZ
32027	420	30	from	from	IN
32027	420	31	depositors	depositor	NNS
32027	420	32	all	all	DT
32027	420	33	concern	concern	NN
32027	420	34	regarding	regard	VBG
32027	420	35	the	the	DT
32027	420	36	proper	proper	JJ
32027	420	37	management	management	NN
32027	420	38	of	of	IN
32027	420	39	the	the	DT
32027	420	40	bank	bank	NN
32027	420	41	with	with	IN
32027	420	42	which	which	WDT
32027	420	43	they	-PRON-	PRP
32027	420	44	do	do	VBP
32027	420	45	business	business	NN
32027	420	46	,	,	,
32027	420	47	and	and	CC
32027	420	48	thus	thus	RB
32027	420	49	gives	give	VBZ
32027	420	50	the	the	DT
32027	420	51	unscrupulous	unscrupulous	JJ
32027	420	52	,	,	,
32027	420	53	dishonest	dishonest	JJ
32027	420	54	,	,	,
32027	420	55	and	and	CC
32027	420	56	plunging	plunge	VBG
32027	420	57	banker	banker	NN
32027	420	58	an	an	DT
32027	420	59	advantage	advantage	NN
32027	420	60	.	.	.
32027	421	1	Attraction	attraction	NN
32027	421	2	of	of	IN
32027	421	3	depositors	depositor	NNS
32027	421	4	is	be	VBZ
32027	421	5	the	the	DT
32027	421	6	chief	chief	JJ
32027	421	7	field	field	NN
32027	421	8	in	in	IN
32027	421	9	which	which	WDT
32027	421	10	competition	competition	NN
32027	421	11	between	between	IN
32027	421	12	banks	bank	NNS
32027	421	13	is	be	VBZ
32027	421	14	carried	carry	VBN
32027	421	15	on	on	RB
32027	421	16	,	,	,
32027	421	17	and	and	CC
32027	421	18	when	when	WRB
32027	421	19	the	the	DT
32027	421	20	power	power	NN
32027	421	21	of	of	IN
32027	421	22	good	good	JJ
32027	421	23	management	management	NN
32027	421	24	in	in	IN
32027	421	25	this	this	DT
32027	421	26	direction	direction	NN
32027	421	27	is	be	VBZ
32027	421	28	removed	remove	VBN
32027	421	29	,	,	,
32027	421	30	high	high	JJ
32027	421	31	rates	rate	NNS
32027	421	32	on	on	IN
32027	421	33	deposits	deposit	NNS
32027	421	34	,	,	,
32027	421	35	high	high	JJ
32027	421	36	lines	line	NNS
32027	421	37	of	of	IN
32027	421	38	credit	credit	NN
32027	421	39	,	,	,
32027	421	40	low	low	JJ
32027	421	41	or	or	CC
32027	421	42	no	no	DT
32027	421	43	rates	rate	NNS
32027	421	44	of	of	IN
32027	421	45	exchange	exchange	NN
32027	421	46	,	,	,
32027	421	47	extravagance	extravagance	NN
32027	421	48	in	in	IN
32027	421	49	equipment	equipment	NN
32027	421	50	,	,	,
32027	421	51	etc	etc	FW
32027	421	52	.	.	.
32027	421	53	,	,	,
32027	421	54	remain	remain	VBP
32027	421	55	the	the	DT
32027	421	56	only	only	JJ
32027	421	57	attractions	attraction	NNS
32027	421	58	,	,	,
32027	421	59	and	and	CC
32027	421	60	in	in	IN
32027	421	61	the	the	DT
32027	421	62	offer	offer	NN
32027	421	63	of	of	IN
32027	421	64	these	these	DT
32027	421	65	the	the	DT
32027	421	66	unscrupulous	unscrupulous	JJ
32027	421	67	and	and	CC
32027	421	68	plunging	plunge	VBG
32027	421	69	banker	banker	NN
32027	421	70	will	will	MD
32027	421	71	always	always	RB
32027	421	72	outdo	outdo	VB
32027	421	73	the	the	DT
32027	421	74	conservative	conservative	NN
32027	421	75	.	.	.
32027	422	1	It	-PRON-	PRP
32027	422	2	is	be	VBZ
32027	422	3	impossible	impossible	JJ
32027	422	4	to	to	TO
32027	422	5	overcome	overcome	VB
32027	422	6	this	this	DT
32027	422	7	objection	objection	NN
32027	422	8	by	by	IN
32027	422	9	public	public	JJ
32027	422	10	supervision	supervision	NN
32027	422	11	,	,	,
32027	422	12	and	and	CC
32027	422	13	more	more	RBR
32027	422	14	frequent	frequent	JJ
32027	422	15	and	and	CC
32027	422	16	rigid	rigid	JJ
32027	422	17	examinations	examination	NNS
32027	422	18	.	.	.
32027	423	1	No	no	DT
32027	423	2	public	public	JJ
32027	423	3	officer	officer	NN
32027	423	4	can	can	MD
32027	423	5	equip	equip	VB
32027	423	6	himself	-PRON-	PRP
32027	423	7	to	to	TO
32027	423	8	pass	pass	VB
32027	423	9	judgment	judgment	NN
32027	423	10	on	on	IN
32027	423	11	the	the	DT
32027	423	12	relations	relation	NNS
32027	423	13	of	of	IN
32027	423	14	a	a	DT
32027	423	15	bank	bank	NN
32027	423	16	with	with	IN
32027	423	17	each	each	DT
32027	423	18	customer	customer	NN
32027	423	19	,	,	,
32027	423	20	or	or	CC
32027	423	21	to	to	TO
32027	423	22	detect	detect	VB
32027	423	23	secret	secret	JJ
32027	423	24	contracts	contract	NNS
32027	423	25	and	and	CC
32027	423	26	unwritten	unwritten	JJ
32027	423	27	understandings	understanding	NNS
32027	423	28	,	,	,
32027	423	29	or	or	CC
32027	423	30	to	to	TO
32027	423	31	keep	keep	VB
32027	423	32	unscrupulous	unscrupulous	JJ
32027	423	33	people	people	NNS
32027	423	34	out	out	IN
32027	423	35	of	of	IN
32027	423	36	the	the	DT
32027	423	37	banking	banking	NN
32027	423	38	business	business	NN
32027	423	39	.	.	.
32027	424	1	There	there	EX
32027	424	2	can	can	MD
32027	424	3	be	be	VB
32027	424	4	no	no	DT
32027	424	5	doubt	doubt	NN
32027	424	6	that	that	IN
32027	424	7	a	a	DT
32027	424	8	reputation	reputation	NN
32027	424	9	for	for	IN
32027	424	10	conservatism	conservatism	NN
32027	424	11	,	,	,
32027	424	12	good	good	JJ
32027	424	13	judgment	judgment	NN
32027	424	14	,	,	,
32027	424	15	strict	strict	JJ
32027	424	16	integrity	integrity	NN
32027	424	17	,	,	,
32027	424	18	and	and	CC
32027	424	19	careful	careful	JJ
32027	424	20	management	management	NN
32027	424	21	is	be	VBZ
32027	424	22	,	,	,
32027	424	23	at	at	IN
32027	424	24	the	the	DT
32027	424	25	present	present	JJ
32027	424	26	time	time	NN
32027	424	27	,	,	,
32027	424	28	the	the	DT
32027	424	29	most	most	RBS
32027	424	30	valuable	valuable	JJ
32027	424	31	asset	asset	NN
32027	424	32	a	a	DT
32027	424	33	banker	banker	NN
32027	424	34	can	can	MD
32027	424	35	have	have	VB
32027	424	36	,	,	,
32027	424	37	because	because	IN
32027	424	38	customers	customer	NNS
32027	424	39	know	know	VBP
32027	424	40	that	that	IN
32027	424	41	they	-PRON-	PRP
32027	424	42	are	be	VBP
32027	424	43	in	in	IN
32027	424	44	danger	danger	NN
32027	424	45	to	to	IN
32027	424	46	the	the	DT
32027	424	47	extent	extent	NN
32027	424	48	that	that	IN
32027	424	49	these	these	DT
32027	424	50	qualities	quality	NNS
32027	424	51	are	be	VBP
32027	424	52	lacking	lack	VBG
32027	424	53	.	.	.
32027	425	1	To	to	TO
32027	425	2	substitute	substitute	VB
32027	425	3	for	for	IN
32027	425	4	the	the	DT
32027	425	5	present	present	JJ
32027	425	6	basis	basis	NN
32027	425	7	of	of	IN
32027	425	8	competition	competition	NN
32027	425	9	between	between	IN
32027	425	10	banks	bank	NNS
32027	425	11	that	that	WDT
32027	425	12	established	establish	VBN
32027	425	13	by	by	IN
32027	425	14	mutual	mutual	JJ
32027	425	15	insurance	insurance	NN
32027	425	16	laws	law	NNS
32027	425	17	is	be	VBZ
32027	425	18	to	to	TO
32027	425	19	undermine	undermine	VB
32027	425	20	the	the	DT
32027	425	21	foundations	foundation	NNS
32027	425	22	of	of	IN
32027	425	23	our	-PRON-	PRP$
32027	425	24	credit	credit	NN
32027	425	25	system	system	NN
32027	425	26	and	and	CC
32027	425	27	to	to	TO
32027	425	28	invite	invite	VB
32027	425	29	disaster	disaster	NN
32027	425	30	and	and	CC
32027	425	31	ruin	ruin	NN
32027	425	32	.	.	.
32027	426	1	_	_	NNP
32027	426	2	5	5	CD
32027	426	3	.	.	.
32027	427	1	Adequacy	Adequacy	NNP
32027	427	2	and	and	CC
32027	427	3	Economy	Economy	NNP
32027	427	4	of	of	IN
32027	427	5	Service	Service	NNP
32027	427	6	_	_	NNP
32027	427	7	From	from	IN
32027	427	8	the	the	DT
32027	427	9	point	point	NN
32027	427	10	of	of	IN
32027	427	11	view	view	NN
32027	427	12	of	of	IN
32027	427	13	adequacy	adequacy	NN
32027	427	14	and	and	CC
32027	427	15	economy	economy	NN
32027	427	16	of	of	IN
32027	427	17	service	service	NN
32027	427	18	,	,	,
32027	427	19	two	two	CD
32027	427	20	types	type	NNS
32027	427	21	of	of	IN
32027	427	22	banking	banking	NN
32027	427	23	systems	system	NNS
32027	427	24	require	require	VBP
32027	427	25	attention	attention	NN
32027	427	26	;	;	:
32027	427	27	namely	namely	RB
32027	427	28	,	,	,
32027	427	29	that	that	WDT
32027	427	30	characterized	characterize	VBN
32027	427	31	by	by	IN
32027	427	32	a	a	DT
32027	427	33	large	large	JJ
32027	427	34	number	number	NN
32027	427	35	of	of	IN
32027	427	36	relatively	relatively	RB
32027	427	37	small	small	JJ
32027	427	38	local	local	JJ
32027	427	39	independent	independent	JJ
32027	427	40	banks	bank	NNS
32027	427	41	,	,	,
32027	427	42	chartered	charter	VBN
32027	427	43	under	under	IN
32027	427	44	general	general	JJ
32027	427	45	laws	law	NNS
32027	427	46	,	,	,
32027	427	47	and	and	CC
32027	427	48	exemplified	exemplify	VBN
32027	427	49	in	in	IN
32027	427	50	this	this	DT
32027	427	51	country	country	NN
32027	427	52	;	;	:
32027	427	53	and	and	CC
32027	427	54	that	that	DT
32027	427	55	characterized	characterize	VBN
32027	427	56	by	by	IN
32027	427	57	a	a	DT
32027	427	58	relatively	relatively	RB
32027	427	59	small	small	JJ
32027	427	60	number	number	NN
32027	427	61	of	of	IN
32027	427	62	large	large	JJ
32027	427	63	banks	bank	NNS
32027	427	64	endowed	endow	VBN
32027	427	65	with	with	IN
32027	427	66	the	the	DT
32027	427	67	privilege	privilege	NN
32027	427	68	of	of	IN
32027	427	69	establishing	establish	VBG
32027	427	70	branches	branch	NNS
32027	427	71	,	,	,
32027	427	72	and	and	CC
32027	427	73	exemplified	exemplify	VBN
32027	427	74	in	in	IN
32027	427	75	the	the	DT
32027	427	76	other	other	JJ
32027	427	77	leading	lead	VBG
32027	427	78	nations	nation	NNS
32027	427	79	of	of	IN
32027	427	80	the	the	DT
32027	427	81	world	world	NN
32027	427	82	.	.	.
32027	428	1	Under	under	IN
32027	428	2	our	-PRON-	PRP$
32027	428	3	system	system	NN
32027	428	4	each	each	DT
32027	428	5	community	community	NN
32027	428	6	is	be	VBZ
32027	428	7	encouraged	encourage	VBN
32027	428	8	to	to	TO
32027	428	9	look	look	VB
32027	428	10	after	after	IN
32027	428	11	its	-PRON-	PRP$
32027	428	12	own	own	JJ
32027	428	13	banking	banking	NN
32027	428	14	needs	need	NNS
32027	428	15	.	.	.
32027	429	1	Local	local	JJ
32027	429	2	initiative	initiative	NN
32027	429	3	in	in	IN
32027	429	4	the	the	DT
32027	429	5	establishment	establishment	NN
32027	429	6	of	of	IN
32027	429	7	new	new	JJ
32027	429	8	institutions	institution	NNS
32027	429	9	is	be	VBZ
32027	429	10	given	give	VBN
32027	429	11	free	free	JJ
32027	429	12	play	play	NN
32027	429	13	and	and	CC
32027	429	14	local	local	JJ
32027	429	15	capital	capital	NN
32027	429	16	and	and	CC
32027	429	17	local	local	JJ
32027	429	18	talent	talent	NN
32027	429	19	is	be	VBZ
32027	429	20	attracted	attract	VBN
32027	429	21	.	.	.
32027	430	1	Outside	outside	JJ
32027	430	2	promoters	promoter	NNS
32027	430	3	and	and	CC
32027	430	4	outside	outside	JJ
32027	430	5	capital	capital	NN
32027	430	6	are	be	VBP
32027	430	7	not	not	RB
32027	430	8	excluded	exclude	VBN
32027	430	9	,	,	,
32027	430	10	but	but	CC
32027	430	11	,	,	,
32027	430	12	if	if	IN
32027	430	13	they	-PRON-	PRP
32027	430	14	come	come	VBP
32027	430	15	,	,	,
32027	430	16	they	-PRON-	PRP
32027	430	17	do	do	VBP
32027	430	18	so	so	RB
32027	430	19	as	as	IN
32027	430	20	colonists	colonist	NNS
32027	430	21	expecting	expect	VBG
32027	430	22	to	to	TO
32027	430	23	cast	cast	VB
32027	430	24	in	in	IN
32027	430	25	their	-PRON-	PRP$
32027	430	26	lot	lot	NN
32027	430	27	with	with	IN
32027	430	28	the	the	DT
32027	430	29	community	community	NN
32027	430	30	and	and	CC
32027	430	31	to	to	TO
32027	430	32	become	become	VB
32027	430	33	identified	identify	VBN
32027	430	34	with	with	IN
32027	430	35	it	-PRON-	PRP
32027	430	36	.	.	.
32027	431	1	The	the	DT
32027	431	2	managers	manager	NNS
32027	431	3	of	of	IN
32027	431	4	our	-PRON-	PRP$
32027	431	5	banks	bank	NNS
32027	431	6	for	for	IN
32027	431	7	the	the	DT
32027	431	8	most	most	JJS
32027	431	9	part	part	NN
32027	431	10	are	be	VBP
32027	431	11	local	local	JJ
32027	431	12	men	man	NNS
32027	431	13	who	who	WP
32027	431	14	are	be	VBP
32027	431	15	the	the	DT
32027	431	16	real	real	JJ
32027	431	17	heads	head	NNS
32027	431	18	of	of	IN
32027	431	19	the	the	DT
32027	431	20	institutions	institution	NNS
32027	431	21	they	-PRON-	PRP
32027	431	22	manage	manage	VBP
32027	431	23	and	and	CC
32027	431	24	whose	whose	WP$
32027	431	25	careers	career	NNS
32027	431	26	and	and	CC
32027	431	27	prosperity	prosperity	NN
32027	431	28	depend	depend	VBP
32027	431	29	on	on	IN
32027	431	30	the	the	DT
32027	431	31	success	success	NN
32027	431	32	of	of	IN
32027	431	33	these	these	DT
32027	431	34	institutions	institution	NNS
32027	431	35	.	.	.
32027	432	1	The	the	DT
32027	432	2	localism	localism	NN
32027	432	3	which	which	WDT
32027	432	4	characterizes	characterize	VBZ
32027	432	5	this	this	DT
32027	432	6	system	system	NN
32027	432	7	contributes	contribute	VBZ
32027	432	8	elements	element	NNS
32027	432	9	both	both	DT
32027	432	10	of	of	IN
32027	432	11	strength	strength	NN
32027	432	12	and	and	CC
32027	432	13	of	of	IN
32027	432	14	weakness	weakness	NN
32027	432	15	.	.	.
32027	433	1	It	-PRON-	PRP
32027	433	2	develops	develop	VBZ
32027	433	3	local	local	JJ
32027	433	4	talent	talent	NN
32027	433	5	,	,	,
32027	433	6	and	and	CC
32027	433	7	promotes	promote	VBZ
32027	433	8	mutual	mutual	JJ
32027	433	9	understanding	understanding	NN
32027	433	10	and	and	CC
32027	433	11	cooperation	cooperation	NN
32027	433	12	between	between	IN
32027	433	13	the	the	DT
32027	433	14	banks	bank	NNS
32027	433	15	and	and	CC
32027	433	16	the	the	DT
32027	433	17	business	business	NN
32027	433	18	enterprises	enterprise	NNS
32027	433	19	of	of	IN
32027	433	20	the	the	DT
32027	433	21	community	community	NN
32027	433	22	,	,	,
32027	433	23	and	and	CC
32027	433	24	conformity	conformity	NN
32027	433	25	of	of	IN
32027	433	26	organization	organization	NN
32027	433	27	and	and	CC
32027	433	28	methods	method	NNS
32027	433	29	to	to	IN
32027	433	30	local	local	JJ
32027	433	31	needs	need	NNS
32027	433	32	.	.	.
32027	434	1	Its	-PRON-	PRP$
32027	434	2	weakness	weakness	NN
32027	434	3	consists	consist	VBZ
32027	434	4	in	in	IN
32027	434	5	the	the	DT
32027	434	6	financial	financial	JJ
32027	434	7	isolation	isolation	NN
32027	434	8	and	and	CC
32027	434	9	the	the	DT
32027	434	10	narrowness	narrowness	NN
32027	434	11	of	of	IN
32027	434	12	vision	vision	NN
32027	434	13	and	and	CC
32027	434	14	training	training	NN
32027	434	15	which	which	WDT
32027	434	16	are	be	VBP
32027	434	17	its	-PRON-	PRP$
32027	434	18	natural	natural	JJ
32027	434	19	accompaniments	accompaniment	NNS
32027	434	20	.	.	.
32027	435	1	Under	under	IN
32027	435	2	this	this	DT
32027	435	3	system	system	NN
32027	435	4	capital	capital	NN
32027	435	5	does	do	VBZ
32027	435	6	not	not	RB
32027	435	7	easily	easily	RB
32027	435	8	and	and	CC
32027	435	9	quickly	quickly	RB
32027	435	10	move	move	VB
32027	435	11	from	from	IN
32027	435	12	place	place	NN
32027	435	13	to	to	IN
32027	435	14	place	place	NN
32027	435	15	and	and	CC
32027	435	16	readily	readily	RB
32027	435	17	distribute	distribute	VB
32027	435	18	itself	-PRON-	PRP
32027	435	19	according	accord	VBG
32027	435	20	to	to	IN
32027	435	21	the	the	DT
32027	435	22	relative	relative	JJ
32027	435	23	needs	need	NNS
32027	435	24	of	of	IN
32027	435	25	different	different	JJ
32027	435	26	communities	community	NNS
32027	435	27	.	.	.
32027	436	1	In	in	IN
32027	436	2	consequence	consequence	NN
32027	436	3	,	,	,
32027	436	4	rates	rate	NNS
32027	436	5	of	of	IN
32027	436	6	interest	interest	NN
32027	436	7	are	be	VBP
32027	436	8	apt	apt	JJ
32027	436	9	to	to	TO
32027	436	10	vary	vary	VB
32027	436	11	widely	widely	RB
32027	436	12	,	,	,
32027	436	13	some	some	DT
32027	436	14	communities	community	NNS
32027	436	15	to	to	TO
32027	436	16	be	be	VB
32027	436	17	under-	under-	JJ
32027	436	18	and	and	CC
32027	436	19	others	other	NNS
32027	436	20	over	over	RB
32027	436	21	-	-	HYPH
32027	436	22	capitalized	capitalized	JJ
32027	436	23	,	,	,
32027	436	24	and	and	CC
32027	436	25	the	the	DT
32027	436	26	capital	capital	NN
32027	436	27	of	of	IN
32027	436	28	the	the	DT
32027	436	29	nation	nation	NN
32027	436	30	as	as	IN
32027	436	31	a	a	DT
32027	436	32	whole	whole	NN
32027	436	33	to	to	TO
32027	436	34	be	be	VB
32027	436	35	inefficiently	inefficiently	RB
32027	436	36	employed	employ	VBN
32027	436	37	.	.	.
32027	437	1	Under	under	IN
32027	437	2	this	this	DT
32027	437	3	system	system	NN
32027	437	4	the	the	DT
32027	437	5	opportunity	opportunity	NN
32027	437	6	of	of	IN
32027	437	7	bankers	banker	NNS
32027	437	8	for	for	IN
32027	437	9	training	training	NN
32027	437	10	is	be	VBZ
32027	437	11	meager	meager	JJ
32027	437	12	,	,	,
32027	437	13	since	since	IN
32027	437	14	the	the	DT
32027	437	15	broader	broad	JJR
32027	437	16	and	and	CC
32027	437	17	more	more	JJR
32027	437	18	fundamental	fundamental	JJ
32027	437	19	aspects	aspect	NNS
32027	437	20	of	of	IN
32027	437	21	the	the	DT
32027	437	22	business	business	NN
32027	437	23	are	be	VBP
32027	437	24	rarely	rarely	RB
32027	437	25	brought	bring	VBN
32027	437	26	to	to	IN
32027	437	27	their	-PRON-	PRP$
32027	437	28	attention	attention	NN
32027	437	29	,	,	,
32027	437	30	and	and	CC
32027	437	31	in	in	IN
32027	437	32	the	the	DT
32027	437	33	smaller	small	JJR
32027	437	34	towns	town	NNS
32027	437	35	and	and	CC
32027	437	36	country	country	NN
32027	437	37	districts	district	NNS
32027	437	38	they	-PRON-	PRP
32027	437	39	are	be	VBP
32027	437	40	apt	apt	JJ
32027	437	41	to	to	TO
32027	437	42	be	be	VB
32027	437	43	recruited	recruit	VBN
32027	437	44	from	from	IN
32027	437	45	people	people	NNS
32027	437	46	of	of	IN
32027	437	47	mediocre	mediocre	JJ
32027	437	48	ability	ability	NN
32027	437	49	and	and	CC
32027	437	50	often	often	RB
32027	437	51	from	from	IN
32027	437	52	those	those	DT
32027	437	53	not	not	RB
32027	437	54	well	well	RB
32027	437	55	fitted	fit	VBN
32027	437	56	by	by	IN
32027	437	57	nature	nature	NN
32027	437	58	and	and	CC
32027	437	59	education	education	NN
32027	437	60	for	for	IN
32027	437	61	this	this	DT
32027	437	62	branch	branch	NN
32027	437	63	of	of	IN
32027	437	64	commercial	commercial	JJ
32027	437	65	enterprise	enterprise	NN
32027	437	66	.	.	.
32027	438	1	The	the	DT
32027	438	2	system	system	NN
32027	438	3	of	of	IN
32027	438	4	branch	branch	NN
32027	438	5	banking	banking	NN
32027	438	6	,	,	,
32027	438	7	almost	almost	RB
32027	438	8	universally	universally	RB
32027	438	9	employed	employ	VBN
32027	438	10	elsewhere	elsewhere	RB
32027	438	11	,	,	,
32027	438	12	is	be	VBZ
32027	438	13	strong	strong	JJ
32027	438	14	where	where	WRB
32027	438	15	our	-PRON-	PRP$
32027	438	16	system	system	NN
32027	438	17	is	be	VBZ
32027	438	18	weak	weak	JJ
32027	438	19	,	,	,
32027	438	20	but	but	CC
32027	438	21	it	-PRON-	PRP
32027	438	22	has	have	VBZ
32027	438	23	weaknesses	weakness	NNS
32027	438	24	of	of	IN
32027	438	25	its	-PRON-	PRP$
32027	438	26	own	own	JJ
32027	438	27	.	.	.
32027	439	1	It	-PRON-	PRP
32027	439	2	promotes	promote	VBZ
32027	439	3	distribution	distribution	NN
32027	439	4	of	of	IN
32027	439	5	capital	capital	NN
32027	439	6	according	accord	VBG
32027	439	7	to	to	IN
32027	439	8	relative	relative	JJ
32027	439	9	needs	need	NNS
32027	439	10	,	,	,
32027	439	11	and	and	CC
32027	439	12	consequently	consequently	RB
32027	439	13	efficiency	efficiency	NN
32027	439	14	in	in	IN
32027	439	15	the	the	DT
32027	439	16	application	application	NN
32027	439	17	of	of	IN
32027	439	18	a	a	DT
32027	439	19	nation	nation	NN
32027	439	20	's	's	POS
32027	439	21	capital	capital	NN
32027	439	22	as	as	IN
32027	439	23	a	a	DT
32027	439	24	whole	whole	NN
32027	439	25	,	,	,
32027	439	26	and	and	CC
32027	439	27	it	-PRON-	PRP
32027	439	28	offers	offer	VBZ
32027	439	29	a	a	DT
32027	439	30	wide	wide	JJ
32027	439	31	field	field	NN
32027	439	32	of	of	IN
32027	439	33	training	training	NN
32027	439	34	for	for	IN
32027	439	35	the	the	DT
32027	439	36	people	people	NNS
32027	439	37	engaged	engage	VBN
32027	439	38	in	in	IN
32027	439	39	the	the	DT
32027	439	40	business	business	NN
32027	439	41	,	,	,
32027	439	42	and	and	CC
32027	439	43	draws	draw	VBZ
32027	439	44	its	-PRON-	PRP$
32027	439	45	recruits	recruit	NNS
32027	439	46	from	from	IN
32027	439	47	every	every	DT
32027	439	48	quarter	quarter	NN
32027	439	49	.	.	.
32027	440	1	It	-PRON-	PRP
32027	440	2	can	can	MD
32027	440	3	readily	readily	RB
32027	440	4	supply	supply	VB
32027	440	5	banking	banking	NN
32027	440	6	facilities	facility	NNS
32027	440	7	to	to	IN
32027	440	8	communities	community	NNS
32027	440	9	too	too	RB
32027	440	10	small	small	JJ
32027	440	11	or	or	CC
32027	440	12	too	too	RB
32027	440	13	poor	poor	JJ
32027	440	14	to	to	TO
32027	440	15	provide	provide	VB
32027	440	16	for	for	IN
32027	440	17	an	an	DT
32027	440	18	independent	independent	JJ
32027	440	19	bank	bank	NN
32027	440	20	,	,	,
32027	440	21	and	and	CC
32027	440	22	more	more	RBR
32027	440	23	readily	readily	RB
32027	440	24	than	than	IN
32027	440	25	our	-PRON-	PRP$
32027	440	26	system	system	NN
32027	440	27	can	can	MD
32027	440	28	adjust	adjust	VB
32027	440	29	itself	-PRON-	PRP
32027	440	30	to	to	IN
32027	440	31	rapidly	rapidly	RB
32027	440	32	growing	grow	VBG
32027	440	33	communities	community	NNS
32027	440	34	.	.	.
32027	441	1	Its	-PRON-	PRP$
32027	441	2	chief	chief	JJ
32027	441	3	weakness	weakness	NN
32027	441	4	consists	consist	VBZ
32027	441	5	in	in	IN
32027	441	6	the	the	DT
32027	441	7	lack	lack	NN
32027	441	8	of	of	IN
32027	441	9	independence	independence	NN
32027	441	10	of	of	IN
32027	441	11	the	the	DT
32027	441	12	managers	manager	NNS
32027	441	13	of	of	IN
32027	441	14	the	the	DT
32027	441	15	branches	branch	NNS
32027	441	16	and	and	CC
32027	441	17	the	the	DT
32027	441	18	consequent	consequent	JJ
32027	441	19	danger	danger	NN
32027	441	20	that	that	IN
32027	441	21	local	local	JJ
32027	441	22	needs	need	NNS
32027	441	23	may	may	MD
32027	441	24	not	not	RB
32027	441	25	be	be	VB
32027	441	26	fully	fully	RB
32027	441	27	satisfied	satisfied	JJ
32027	441	28	.	.	.
32027	442	1	The	the	DT
32027	442	2	manager	manager	NN
32027	442	3	of	of	IN
32027	442	4	a	a	DT
32027	442	5	branch	branch	NN
32027	442	6	is	be	VBZ
32027	442	7	usually	usually	RB
32027	442	8	granted	grant	VBN
32027	442	9	freedom	freedom	NN
32027	442	10	of	of	IN
32027	442	11	action	action	NN
32027	442	12	only	only	RB
32027	442	13	in	in	IN
32027	442	14	routine	routine	JJ
32027	442	15	matters	matter	NNS
32027	442	16	.	.	.
32027	443	1	Any	any	DT
32027	443	2	business	business	NN
32027	443	3	out	out	IN
32027	443	4	of	of	IN
32027	443	5	the	the	DT
32027	443	6	usual	usual	JJ
32027	443	7	order	order	NN
32027	443	8	must	must	MD
32027	443	9	be	be	VB
32027	443	10	referred	refer	VBN
32027	443	11	to	to	IN
32027	443	12	higher	high	JJR
32027	443	13	authorities	authority	NNS
32027	443	14	connected	connect	VBN
32027	443	15	or	or	CC
32027	443	16	associated	associate	VBN
32027	443	17	with	with	IN
32027	443	18	the	the	DT
32027	443	19	main	main	JJ
32027	443	20	office	office	NN
32027	443	21	;	;	:
32027	443	22	and	and	CC
32027	443	23	,	,	,
32027	443	24	even	even	RB
32027	443	25	with	with	IN
32027	443	26	the	the	DT
32027	443	27	advice	advice	NN
32027	443	28	of	of	IN
32027	443	29	the	the	DT
32027	443	30	manager	manager	NN
32027	443	31	,	,	,
32027	443	32	who	who	WP
32027	443	33	alone	alone	RB
32027	443	34	is	be	VBZ
32027	443	35	familiar	familiar	JJ
32027	443	36	with	with	IN
32027	443	37	local	local	JJ
32027	443	38	conditions	condition	NNS
32027	443	39	,	,	,
32027	443	40	the	the	DT
32027	443	41	decision	decision	NN
32027	443	42	can	can	MD
32027	443	43	not	not	RB
32027	443	44	be	be	VB
32027	443	45	made	make	VBN
32027	443	46	with	with	IN
32027	443	47	that	that	DT
32027	443	48	intimacy	intimacy	NN
32027	443	49	of	of	IN
32027	443	50	knowledge	knowledge	NN
32027	443	51	of	of	IN
32027	443	52	and	and	CC
32027	443	53	sympathy	sympathy	NN
32027	443	54	with	with	IN
32027	443	55	the	the	DT
32027	443	56	business	business	NN
32027	443	57	and	and	CC
32027	443	58	aspirations	aspiration	NNS
32027	443	59	of	of	IN
32027	443	60	the	the	DT
32027	443	61	individual	individual	NN
32027	443	62	or	or	CC
32027	443	63	firm	firm	NN
32027	443	64	under	under	IN
32027	443	65	consideration	consideration	NN
32027	443	66	that	that	IN
32027	443	67	full	full	JJ
32027	443	68	justice	justice	NN
32027	443	69	to	to	IN
32027	443	70	him	-PRON-	PRP
32027	443	71	and	and	CC
32027	443	72	his	-PRON-	PRP$
32027	443	73	town	town	NN
32027	443	74	may	may	MD
32027	443	75	require	require	VB
32027	443	76	.	.	.
32027	444	1	In	in	IN
32027	444	2	the	the	DT
32027	444	3	matter	matter	NN
32027	444	4	of	of	IN
32027	444	5	adequacy	adequacy	NN
32027	444	6	and	and	CC
32027	444	7	character	character	NN
32027	444	8	of	of	IN
32027	444	9	service	service	NN
32027	444	10	,	,	,
32027	444	11	therefore	therefore	RB
32027	444	12	,	,	,
32027	444	13	the	the	DT
32027	444	14	city	city	NN
32027	444	15	in	in	IN
32027	444	16	which	which	WDT
32027	444	17	the	the	DT
32027	444	18	main	main	JJ
32027	444	19	office	office	NN
32027	444	20	is	be	VBZ
32027	444	21	located	locate	VBN
32027	444	22	has	have	VBZ
32027	444	23	an	an	DT
32027	444	24	advantage	advantage	NN
32027	444	25	over	over	IN
32027	444	26	those	those	DT
32027	444	27	in	in	IN
32027	444	28	which	which	WDT
32027	444	29	the	the	DT
32027	444	30	branches	branch	NNS
32027	444	31	are	be	VBP
32027	444	32	located	locate	VBN
32027	444	33	.	.	.
32027	445	1	In	in	IN
32027	445	2	this	this	DT
32027	445	3	connection	connection	NN
32027	445	4	it	-PRON-	PRP
32027	445	5	should	should	MD
32027	445	6	also	also	RB
32027	445	7	be	be	VB
32027	445	8	noted	note	VBN
32027	445	9	that	that	IN
32027	445	10	,	,	,
32027	445	11	while	while	IN
32027	445	12	the	the	DT
32027	445	13	branch	branch	NN
32027	445	14	banking	banking	NN
32027	445	15	system	system	NN
32027	445	16	is	be	VBZ
32027	445	17	able	able	JJ
32027	445	18	to	to	TO
32027	445	19	adjust	adjust	VB
32027	445	20	itself	-PRON-	PRP
32027	445	21	to	to	IN
32027	445	22	the	the	DT
32027	445	23	capital	capital	NN
32027	445	24	requirements	requirement	NNS
32027	445	25	of	of	IN
32027	445	26	towns	town	NNS
32027	445	27	of	of	IN
32027	445	28	all	all	DT
32027	445	29	sizes	size	NNS
32027	445	30	more	more	RBR
32027	445	31	readily	readily	RB
32027	445	32	than	than	IN
32027	445	33	the	the	DT
32027	445	34	independent	independent	JJ
32027	445	35	banking	banking	NN
32027	445	36	system	system	NN
32027	445	37	,	,	,
32027	445	38	and	and	CC
32027	445	39	thus	thus	RB
32027	445	40	to	to	TO
32027	445	41	secure	secure	VB
32027	445	42	a	a	DT
32027	445	43	better	well	JJR
32027	445	44	distribution	distribution	NN
32027	445	45	of	of	IN
32027	445	46	the	the	DT
32027	445	47	banking	banking	NN
32027	445	48	capital	capital	NN
32027	445	49	of	of	IN
32027	445	50	the	the	DT
32027	445	51	community	community	NN
32027	445	52	,	,	,
32027	445	53	it	-PRON-	PRP
32027	445	54	does	do	VBZ
32027	445	55	not	not	RB
32027	445	56	follow	follow	VB
32027	445	57	that	that	IN
32027	445	58	it	-PRON-	PRP
32027	445	59	will	will	MD
32027	445	60	do	do	VB
32027	445	61	so	so	RB
32027	445	62	.	.	.
32027	446	1	On	on	IN
32027	446	2	account	account	NN
32027	446	3	of	of	IN
32027	446	4	ignorance	ignorance	NN
32027	446	5	of	of	IN
32027	446	6	conditions	condition	NNS
32027	446	7	,	,	,
32027	446	8	insufficiency	insufficiency	NN
32027	446	9	of	of	IN
32027	446	10	capital	capital	NN
32027	446	11	or	or	CC
32027	446	12	inability	inability	NN
32027	446	13	readily	readily	RB
32027	446	14	to	to	TO
32027	446	15	increase	increase	VB
32027	446	16	it	-PRON-	PRP
32027	446	17	,	,	,
32027	446	18	or	or	CC
32027	446	19	inertia	inertia	VB
32027	446	20	on	on	IN
32027	446	21	the	the	DT
32027	446	22	part	part	NN
32027	446	23	of	of	IN
32027	446	24	the	the	DT
32027	446	25	head	head	NN
32027	446	26	office	office	NN
32027	446	27	,	,	,
32027	446	28	a	a	DT
32027	446	29	town	town	NN
32027	446	30	may	may	MD
32027	446	31	have	have	VB
32027	446	32	to	to	TO
32027	446	33	wait	wait	VB
32027	446	34	for	for	IN
32027	446	35	the	the	DT
32027	446	36	establishment	establishment	NN
32027	446	37	of	of	IN
32027	446	38	a	a	DT
32027	446	39	branch	branch	NN
32027	446	40	longer	long	RBR
32027	446	41	than	than	IN
32027	446	42	it	-PRON-	PRP
32027	446	43	would	would	MD
32027	446	44	for	for	IN
32027	446	45	the	the	DT
32027	446	46	establishment	establishment	NN
32027	446	47	of	of	IN
32027	446	48	an	an	DT
32027	446	49	independent	independent	JJ
32027	446	50	bank	bank	NN
32027	446	51	.	.	.
32027	447	1	Whether	whether	IN
32027	447	2	or	or	CC
32027	447	3	not	not	RB
32027	447	4	this	this	DT
32027	447	5	will	will	MD
32027	447	6	be	be	VB
32027	447	7	the	the	DT
32027	447	8	case	case	NN
32027	447	9	,	,	,
32027	447	10	however	however	RB
32027	447	11	,	,	,
32027	447	12	depends	depend	VBZ
32027	447	13	to	to	IN
32027	447	14	a	a	DT
32027	447	15	considerable	considerable	JJ
32027	447	16	extent	extent	NN
32027	447	17	upon	upon	IN
32027	447	18	the	the	DT
32027	447	19	keenness	keenness	NN
32027	447	20	of	of	IN
32027	447	21	the	the	DT
32027	447	22	competition	competition	NN
32027	447	23	between	between	IN
32027	447	24	the	the	DT
32027	447	25	big	big	JJ
32027	447	26	banks	bank	NNS
32027	447	27	with	with	IN
32027	447	28	branches	branch	NNS
32027	447	29	.	.	.
32027	448	1	The	the	DT
32027	448	2	big	big	JJ
32027	448	3	central	central	JJ
32027	448	4	banks	bank	NNS
32027	448	5	of	of	IN
32027	448	6	Europe	Europe	NNP
32027	448	7	,	,	,
32027	448	8	which	which	WDT
32027	448	9	have	have	VBP
32027	448	10	no	no	DT
32027	448	11	competition	competition	NN
32027	448	12	within	within	IN
32027	448	13	their	-PRON-	PRP$
32027	448	14	field	field	NN
32027	448	15	,	,	,
32027	448	16	have	have	VBP
32027	448	17	been	be	VBN
32027	448	18	slow	slow	JJ
32027	448	19	to	to	TO
32027	448	20	establish	establish	VB
32027	448	21	branches	branch	NNS
32027	448	22	.	.	.
32027	449	1	The	the	DT
32027	449	2	coercive	coercive	JJ
32027	449	3	force	force	NN
32027	449	4	of	of	IN
32027	449	5	the	the	DT
32027	449	6	government	government	NN
32027	449	7	has	have	VBZ
32027	449	8	been	be	VBN
32027	449	9	necessary	necessary	JJ
32027	449	10	in	in	IN
32027	449	11	many	many	JJ
32027	449	12	cases	case	NNS
32027	449	13	to	to	TO
32027	449	14	secure	secure	VB
32027	449	15	their	-PRON-	PRP$
32027	449	16	proper	proper	JJ
32027	449	17	expansion	expansion	NN
32027	449	18	.	.	.
32027	450	1	In	in	IN
32027	450	2	the	the	DT
32027	450	3	case	case	NN
32027	450	4	of	of	IN
32027	450	5	the	the	DT
32027	450	6	other	other	JJ
32027	450	7	big	big	JJ
32027	450	8	banks	bank	NNS
32027	450	9	,	,	,
32027	450	10	however	however	RB
32027	450	11	,	,	,
32027	450	12	both	both	DT
32027	450	13	of	of	IN
32027	450	14	Europe	Europe	NNP
32027	450	15	and	and	CC
32027	450	16	of	of	IN
32027	450	17	Canada	Canada	NNP
32027	450	18	,	,	,
32027	450	19	competition	competition	NN
32027	450	20	has	have	VBZ
32027	450	21	resulted	result	VBN
32027	450	22	in	in	IN
32027	450	23	very	very	RB
32027	450	24	rapid	rapid	JJ
32027	450	25	expansion	expansion	NN
32027	450	26	during	during	IN
32027	450	27	the	the	DT
32027	450	28	last	last	JJ
32027	450	29	half	half	JJ
32027	450	30	century	century	NN
32027	450	31	,	,	,
32027	450	32	probably	probably	RB
32027	450	33	as	as	RB
32027	450	34	rapid	rapid	JJ
32027	450	35	as	as	IN
32027	450	36	could	could	MD
32027	450	37	be	be	VB
32027	450	38	desired	desire	VBN
32027	450	39	.	.	.
32027	451	1	Regarding	regard	VBG
32027	451	2	adequacy	adequacy	NN
32027	451	3	of	of	IN
32027	451	4	service	service	NN
32027	451	5	,	,	,
32027	451	6	the	the	DT
32027	451	7	method	method	NN
32027	451	8	of	of	IN
32027	451	9	granting	grant	VBG
32027	451	10	charters	charter	NNS
32027	451	11	and	and	CC
32027	451	12	the	the	DT
32027	451	13	attitude	attitude	NN
32027	451	14	of	of	IN
32027	451	15	the	the	DT
32027	451	16	government	government	NN
32027	451	17	towards	towards	IN
32027	451	18	private	private	JJ
32027	451	19	banking	banking	NN
32027	451	20	is	be	VBZ
32027	451	21	important	important	JJ
32027	451	22	.	.	.
32027	452	1	If	if	IN
32027	452	2	banks	bank	NNS
32027	452	3	are	be	VBP
32027	452	4	allowed	allow	VBN
32027	452	5	to	to	TO
32027	452	6	spring	spring	VB
32027	452	7	up	up	RP
32027	452	8	spontaneously	spontaneously	RB
32027	452	9	,	,	,
32027	452	10	like	like	IN
32027	452	11	manufacturing	manufacturing	NN
32027	452	12	and	and	CC
32027	452	13	commercial	commercial	JJ
32027	452	14	establishments	establishment	NNS
32027	452	15	and	and	CC
32027	452	16	farms	farm	NNS
32027	452	17	,	,	,
32027	452	18	they	-PRON-	PRP
32027	452	19	are	be	VBP
32027	452	20	likely	likely	JJ
32027	452	21	to	to	TO
32027	452	22	be	be	VB
32027	452	23	plentiful	plentiful	JJ
32027	452	24	and	and	CC
32027	452	25	to	to	TO
32027	452	26	be	be	VB
32027	452	27	located	locate	VBN
32027	452	28	wherever	wherever	WRB
32027	452	29	needed	need	VBN
32027	452	30	.	.	.
32027	453	1	Experience	experience	NN
32027	453	2	,	,	,
32027	453	3	however	however	RB
32027	453	4	,	,	,
32027	453	5	has	have	VBZ
32027	453	6	shown	show	VBN
32027	453	7	that	that	IN
32027	453	8	private	private	JJ
32027	453	9	banks	bank	NNS
32027	453	10	can	can	MD
32027	453	11	not	not	RB
32027	453	12	be	be	VB
32027	453	13	adequately	adequately	RB
32027	453	14	regulated	regulate	VBN
32027	453	15	in	in	IN
32027	453	16	the	the	DT
32027	453	17	interest	interest	NN
32027	453	18	of	of	IN
32027	453	19	the	the	DT
32027	453	20	public	public	NN
32027	453	21	and	and	CC
32027	453	22	that	that	IN
32027	453	23	incorporation	incorporation	NN
32027	453	24	under	under	IN
32027	453	25	public	public	JJ
32027	453	26	auspices	auspex	NNS
32027	453	27	should	should	MD
32027	453	28	be	be	VB
32027	453	29	required	require	VBN
32027	453	30	.	.	.
32027	454	1	Two	two	CD
32027	454	2	methods	method	NNS
32027	454	3	of	of	IN
32027	454	4	incorporation	incorporation	NN
32027	454	5	are	be	VBP
32027	454	6	employed	employ	VBN
32027	454	7	,	,	,
32027	454	8	those	those	DT
32027	454	9	of	of	IN
32027	454	10	the	the	DT
32027	454	11	special	special	JJ
32027	454	12	charter	charter	NN
32027	454	13	and	and	CC
32027	454	14	of	of	IN
32027	454	15	the	the	DT
32027	454	16	general	general	JJ
32027	454	17	law	law	NN
32027	454	18	.	.	.
32027	455	1	Except	except	IN
32027	455	2	in	in	IN
32027	455	3	the	the	DT
32027	455	4	case	case	NN
32027	455	5	of	of	IN
32027	455	6	special	special	JJ
32027	455	7	institutions	institution	NNS
32027	455	8	,	,	,
32027	455	9	like	like	IN
32027	455	10	central	central	JJ
32027	455	11	banks	bank	NNS
32027	455	12	,	,	,
32027	455	13	the	the	DT
32027	455	14	former	former	JJ
32027	455	15	is	be	VBZ
32027	455	16	objectionable	objectionable	JJ
32027	455	17	,	,	,
32027	455	18	since	since	IN
32027	455	19	it	-PRON-	PRP
32027	455	20	opens	open	VBZ
32027	455	21	the	the	DT
32027	455	22	doors	door	NNS
32027	455	23	to	to	IN
32027	455	24	political	political	JJ
32027	455	25	favoritism	favoritism	NN
32027	455	26	and	and	CC
32027	455	27	is	be	VBZ
32027	455	28	likely	likely	JJ
32027	455	29	to	to	TO
32027	455	30	result	result	VB
32027	455	31	in	in	IN
32027	455	32	bad	bad	JJ
32027	455	33	distribution	distribution	NN
32027	455	34	,	,	,
32027	455	35	lack	lack	NN
32027	455	36	of	of	IN
32027	455	37	uniformity	uniformity	NN
32027	455	38	in	in	IN
32027	455	39	regulation	regulation	NN
32027	455	40	,	,	,
32027	455	41	and	and	CC
32027	455	42	lack	lack	NN
32027	455	43	of	of	IN
32027	455	44	steadiness	steadiness	NN
32027	455	45	and	and	CC
32027	455	46	regularity	regularity	NN
32027	455	47	in	in	IN
32027	455	48	development	development	NN
32027	455	49	.	.	.
32027	456	1	Incorporation	incorporation	NN
32027	456	2	under	under	IN
32027	456	3	general	general	JJ
32027	456	4	laws	law	NNS
32027	456	5	,	,	,
32027	456	6	or	or	CC
32027	456	7	the	the	DT
32027	456	8	free	free	JJ
32027	456	9	banking	banking	NN
32027	456	10	system	system	NN
32027	456	11	,	,	,
32027	456	12	as	as	IN
32027	456	13	it	-PRON-	PRP
32027	456	14	is	be	VBZ
32027	456	15	sometimes	sometimes	RB
32027	456	16	called	call	VBN
32027	456	17	in	in	IN
32027	456	18	this	this	DT
32027	456	19	country	country	NN
32027	456	20	,	,	,
32027	456	21	is	be	VBZ
32027	456	22	unquestionably	unquestionably	RB
32027	456	23	the	the	DT
32027	456	24	best	good	JJS
32027	456	25	from	from	IN
32027	456	26	every	every	DT
32027	456	27	standpoint	standpoint	NN
32027	456	28	.	.	.
32027	457	1	All	all	PDT
32027	457	2	the	the	DT
32027	457	3	necessary	necessary	JJ
32027	457	4	checks	check	NNS
32027	457	5	and	and	CC
32027	457	6	balances	balance	NNS
32027	457	7	can	can	MD
32027	457	8	be	be	VB
32027	457	9	incorporated	incorporate	VBN
32027	457	10	in	in	IN
32027	457	11	these	these	DT
32027	457	12	laws	law	NNS
32027	457	13	,	,	,
32027	457	14	and	and	CC
32027	457	15	the	the	DT
32027	457	16	supervision	supervision	NN
32027	457	17	of	of	IN
32027	457	18	public	public	JJ
32027	457	19	officers	officer	NNS
32027	457	20	,	,	,
32027	457	21	together	together	RB
32027	457	22	with	with	IN
32027	457	23	the	the	DT
32027	457	24	necessary	necessary	JJ
32027	457	25	administrative	administrative	JJ
32027	457	26	machinery	machinery	NN
32027	457	27	,	,	,
32027	457	28	provided	provide	VBN
32027	457	29	for	for	IN
32027	457	30	.	.	.
32027	458	1	This	this	DT
32027	458	2	is	be	VBZ
32027	458	3	the	the	DT
32027	458	4	only	only	JJ
32027	458	5	practicable	practicable	JJ
32027	458	6	method	method	NN
32027	458	7	to	to	TO
32027	458	8	employ	employ	VB
32027	458	9	in	in	IN
32027	458	10	an	an	DT
32027	458	11	independent	independent	JJ
32027	458	12	system	system	NN
32027	458	13	like	like	IN
32027	458	14	ours	-PRON-	PRP
32027	458	15	.	.	.
32027	459	1	The	the	DT
32027	459	2	special	special	JJ
32027	459	3	charter	charter	NN
32027	459	4	method	method	NN
32027	459	5	works	work	VBZ
32027	459	6	best	well	RBS
32027	459	7	in	in	IN
32027	459	8	connection	connection	NN
32027	459	9	with	with	IN
32027	459	10	the	the	DT
32027	459	11	branch	branch	NN
32027	459	12	bank	bank	NN
32027	459	13	system	system	NN
32027	459	14	,	,	,
32027	459	15	in	in	IN
32027	459	16	which	which	WDT
32027	459	17	the	the	DT
32027	459	18	question	question	NN
32027	459	19	of	of	IN
32027	459	20	chartering	charter	VBG
32027	459	21	new	new	JJ
32027	459	22	institutions	institution	NNS
32027	459	23	only	only	RB
32027	459	24	occasionally	occasionally	RB
32027	459	25	arises	arise	VBZ
32027	459	26	,	,	,
32027	459	27	and	and	CC
32027	459	28	in	in	IN
32027	459	29	which	which	WDT
32027	459	30	delay	delay	NN
32027	459	31	is	be	VBZ
32027	459	32	not	not	RB
32027	459	33	so	so	RB
32027	459	34	serious	serious	JJ
32027	459	35	.	.	.
32027	460	1	CHAPTER	CHAPTER	NNP
32027	460	2	IV	IV	NNP
32027	460	3	COMMERCIAL	COMMERCIAL	NNP
32027	460	4	BANKING	BANKING	NNP
32027	460	5	IN	in	IN
32027	460	6	THE	the	DT
32027	460	7	UNITED	UNITED	NNP
32027	460	8	STATES	STATES	NNP
32027	460	9	The	the	DT
32027	460	10	commercial	commercial	JJ
32027	460	11	banking	banking	NN
32027	460	12	system	system	NN
32027	460	13	of	of	IN
32027	460	14	the	the	DT
32027	460	15	United	United	NNP
32027	460	16	States	States	NNP
32027	460	17	consists	consist	VBZ
32027	460	18	of	of	IN
32027	460	19	several	several	JJ
32027	460	20	elements	element	NNS
32027	460	21	which	which	WDT
32027	460	22	have	have	VBP
32027	460	23	been	be	VBN
32027	460	24	contributed	contribute	VBN
32027	460	25	at	at	IN
32027	460	26	different	different	JJ
32027	460	27	periods	period	NNS
32027	460	28	in	in	IN
32027	460	29	our	-PRON-	PRP$
32027	460	30	history	history	NN
32027	460	31	.	.	.
32027	461	1	The	the	DT
32027	461	2	most	most	RBS
32027	461	3	important	important	JJ
32027	461	4	of	of	IN
32027	461	5	these	these	DT
32027	461	6	are	be	VBP
32027	461	7	state	state	NN
32027	461	8	banks	bank	NNS
32027	461	9	,	,	,
32027	461	10	national	national	JJ
32027	461	11	banks	bank	NNS
32027	461	12	,	,	,
32027	461	13	and	and	CC
32027	461	14	the	the	DT
32027	461	15	independent	independent	JJ
32027	461	16	treasury	treasury	NNP
32027	461	17	system	system	NN
32027	461	18	.	.	.
32027	462	1	_	_	NNP
32027	462	2	1	1	CD
32027	462	3	.	.	.
32027	463	1	State	State	NNP
32027	463	2	Banks	Banks	NNPS
32027	463	3	_	_	XX
32027	463	4	From	from	IN
32027	463	5	the	the	DT
32027	463	6	very	very	JJ
32027	463	7	beginning	beginning	NN
32027	463	8	of	of	IN
32027	463	9	our	-PRON-	PRP$
32027	463	10	national	national	JJ
32027	463	11	history	history	NN
32027	463	12	institutions	institution	NNS
32027	463	13	enjoying	enjoy	VBG
32027	463	14	,	,	,
32027	463	15	among	among	IN
32027	463	16	others	other	NNS
32027	463	17	,	,	,
32027	463	18	the	the	DT
32027	463	19	privilege	privilege	NN
32027	463	20	of	of	IN
32027	463	21	commercial	commercial	JJ
32027	463	22	banking	banking	NN
32027	463	23	have	have	VBP
32027	463	24	been	be	VBN
32027	463	25	chartered	charter	VBN
32027	463	26	by	by	IN
32027	463	27	our	-PRON-	PRP$
32027	463	28	states	state	NNS
32027	463	29	.	.	.
32027	464	1	For	for	IN
32027	464	2	several	several	JJ
32027	464	3	years	year	NNS
32027	464	4	after	after	IN
32027	464	5	the	the	DT
32027	464	6	adoption	adoption	NN
32027	464	7	of	of	IN
32027	464	8	our	-PRON-	PRP$
32027	464	9	constitution	constitution	NN
32027	464	10	it	-PRON-	PRP
32027	464	11	remained	remain	VBD
32027	464	12	an	an	DT
32027	464	13	open	open	JJ
32027	464	14	question	question	NN
32027	464	15	whether	whether	IN
32027	464	16	the	the	DT
32027	464	17	incorporation	incorporation	NN
32027	464	18	of	of	IN
32027	464	19	such	such	JJ
32027	464	20	institutions	institution	NNS
32027	464	21	was	be	VBD
32027	464	22	not	not	RB
32027	464	23	their	-PRON-	PRP$
32027	464	24	exclusive	exclusive	JJ
32027	464	25	privilege	privilege	NN
32027	464	26	,	,	,
32027	464	27	but	but	CC
32027	464	28	in	in	IN
32027	464	29	the	the	DT
32027	464	30	case	case	NN
32027	464	31	of	of	IN
32027	464	32	McCulloch	McCulloch	NNP
32027	464	33	v.	v.	CC
32027	464	34	Maryland	Maryland	NNP
32027	464	35	,	,	,
32027	464	36	in	in	IN
32027	464	37	1819	1819	CD
32027	464	38	,	,	,
32027	464	39	the	the	DT
32027	464	40	Supreme	Supreme	NNP
32027	464	41	Court	Court	NNP
32027	464	42	decided	decide	VBD
32027	464	43	that	that	IN
32027	464	44	the	the	DT
32027	464	45	federal	federal	JJ
32027	464	46	government	government	NN
32027	464	47	also	also	RB
32027	464	48	had	have	VBD
32027	464	49	this	this	DT
32027	464	50	right	right	NN
32027	464	51	.	.	.
32027	465	1	During	during	IN
32027	465	2	the	the	DT
32027	465	3	years	year	NNS
32027	465	4	1791	1791	CD
32027	465	5	-	-	SYM
32027	465	6	1811	1811	CD
32027	465	7	,	,	,
32027	465	8	and	and	CC
32027	465	9	1816	1816	CD
32027	465	10	-	-	SYM
32027	465	11	1836	1836	CD
32027	465	12	,	,	,
32027	465	13	the	the	DT
32027	465	14	state	state	NN
32027	465	15	banks	bank	NNS
32027	465	16	had	have	VBD
32027	465	17	as	as	IN
32027	465	18	competitors	competitor	NNS
32027	465	19	the	the	DT
32027	465	20	first	first	JJ
32027	465	21	and	and	CC
32027	465	22	second	second	JJ
32027	465	23	United	United	NNP
32027	465	24	States	States	NNP
32027	465	25	banks	bank	NNS
32027	465	26	,	,	,
32027	465	27	and	and	CC
32027	465	28	in	in	IN
32027	465	29	1863	1863	CD
32027	465	30	so	so	RB
32027	465	31	-	-	HYPH
32027	465	32	called	call	VBN
32027	465	33	national	national	JJ
32027	465	34	banks	bank	NNS
32027	465	35	entered	enter	VBD
32027	465	36	the	the	DT
32027	465	37	field	field	NN
32027	465	38	,	,	,
32027	465	39	and	and	CC
32027	465	40	,	,	,
32027	465	41	more	more	RBR
32027	465	42	recently	recently	RB
32027	465	43	still	still	RB
32027	465	44	,	,	,
32027	465	45	trust	trust	NN
32027	465	46	companies	company	NNS
32027	465	47	.	.	.
32027	466	1	Private	private	JJ
32027	466	2	banks	bank	NNS
32027	466	3	have	have	VBP
32027	466	4	also	also	RB
32027	466	5	existed	exist	VBN
32027	466	6	from	from	IN
32027	466	7	the	the	DT
32027	466	8	beginning	beginning	NN
32027	466	9	,	,	,
32027	466	10	but	but	CC
32027	466	11	their	-PRON-	PRP$
32027	466	12	number	number	NN
32027	466	13	and	and	CC
32027	466	14	relative	relative	JJ
32027	466	15	importance	importance	NN
32027	466	16	have	have	VBP
32027	466	17	declined	decline	VBN
32027	466	18	in	in	IN
32027	466	19	recent	recent	JJ
32027	466	20	years	year	NNS
32027	466	21	.	.	.
32027	467	1	At	at	IN
32027	467	2	the	the	DT
32027	467	3	present	present	JJ
32027	467	4	time	time	NN
32027	467	5	the	the	DT
32027	467	6	number	number	NN
32027	467	7	of	of	IN
32027	467	8	state	state	NN
32027	467	9	banks	bank	NNS
32027	467	10	exceeds	exceed	VBZ
32027	467	11	that	that	DT
32027	467	12	of	of	IN
32027	467	13	all	all	DT
32027	467	14	other	other	JJ
32027	467	15	classes	class	NNS
32027	467	16	of	of	IN
32027	467	17	banking	banking	NN
32027	467	18	institutions	institution	NNS
32027	467	19	combined	combine	VBN
32027	467	20	,	,	,
32027	467	21	but	but	CC
32027	467	22	in	in	IN
32027	467	23	capital	capital	NN
32027	467	24	and	and	CC
32027	467	25	resources	resource	NNS
32027	467	26	they	-PRON-	PRP
32027	467	27	are	be	VBP
32027	467	28	inferior	inferior	JJ
32027	467	29	to	to	IN
32027	467	30	both	both	DT
32027	467	31	national	national	JJ
32027	467	32	banks	bank	NNS
32027	467	33	and	and	CC
32027	467	34	trust	trust	NN
32027	467	35	companies	company	NNS
32027	467	36	.	.	.
32027	468	1	Since	since	IN
32027	468	2	each	each	DT
32027	468	3	state	state	NN
32027	468	4	has	have	VBZ
32027	468	5	had	have	VBN
32027	468	6	a	a	DT
32027	468	7	free	free	JJ
32027	468	8	hand	hand	NN
32027	468	9	in	in	IN
32027	468	10	the	the	DT
32027	468	11	matter	matter	NN
32027	468	12	of	of	IN
32027	468	13	legislation	legislation	NN
32027	468	14	concerning	concern	VBG
32027	468	15	the	the	DT
32027	468	16	banks	bank	NNS
32027	468	17	chartered	charter	VBN
32027	468	18	under	under	IN
32027	468	19	its	-PRON-	PRP$
32027	468	20	auspices	auspex	NNS
32027	468	21	,	,	,
32027	468	22	uniformity	uniformity	NN
32027	468	23	in	in	IN
32027	468	24	the	the	DT
32027	468	25	regulations	regulation	NNS
32027	468	26	imposed	impose	VBN
32027	468	27	upon	upon	IN
32027	468	28	and	and	CC
32027	468	29	in	in	IN
32027	468	30	the	the	DT
32027	468	31	kind	kind	NN
32027	468	32	and	and	CC
32027	468	33	degree	degree	NN
32027	468	34	of	of	IN
32027	468	35	supervision	supervision	NN
32027	468	36	exercised	exercise	VBN
32027	468	37	over	over	IN
32027	468	38	this	this	DT
32027	468	39	class	class	NN
32027	468	40	of	of	IN
32027	468	41	institutions	institution	NNS
32027	468	42	,	,	,
32027	468	43	is	be	VBZ
32027	468	44	lacking	lack	VBG
32027	468	45	.	.	.
32027	469	1	In	in	IN
32027	469	2	most	most	JJS
32027	469	3	cases	case	NNS
32027	469	4	,	,	,
32027	469	5	however	however	RB
32027	469	6	,	,	,
32027	469	7	as	as	IN
32027	469	8	compared	compare	VBN
32027	469	9	to	to	IN
32027	469	10	national	national	JJ
32027	469	11	banks	bank	NNS
32027	469	12	,	,	,
32027	469	13	the	the	DT
32027	469	14	amount	amount	NN
32027	469	15	of	of	IN
32027	469	16	capital	capital	NN
32027	469	17	required	require	VBN
32027	469	18	is	be	VBZ
32027	469	19	smaller	small	JJR
32027	469	20	;	;	:
32027	469	21	they	-PRON-	PRP
32027	469	22	have	have	VBP
32027	469	23	greater	great	JJR
32027	469	24	freedom	freedom	NN
32027	469	25	in	in	IN
32027	469	26	the	the	DT
32027	469	27	making	making	NN
32027	469	28	of	of	IN
32027	469	29	loans	loan	NNS
32027	469	30	,	,	,
32027	469	31	especially	especially	RB
32027	469	32	upon	upon	IN
32027	469	33	real	real	JJ
32027	469	34	estate	estate	NN
32027	469	35	security	security	NN
32027	469	36	;	;	:
32027	469	37	and	and	CC
32027	469	38	they	-PRON-	PRP
32027	469	39	are	be	VBP
32027	469	40	not	not	RB
32027	469	41	so	so	RB
32027	469	42	carefully	carefully	RB
32027	469	43	examined	examine	VBN
32027	469	44	and	and	CC
32027	469	45	supervised	supervise	VBN
32027	469	46	by	by	IN
32027	469	47	public	public	JJ
32027	469	48	officials	official	NNS
32027	469	49	.	.	.
32027	470	1	The	the	DT
32027	470	2	most	most	RBS
32027	470	3	frequently	frequently	RB
32027	470	4	imposed	impose	VBN
32027	470	5	legislative	legislative	JJ
32027	470	6	requirements	requirement	NNS
32027	470	7	are	be	VBP
32027	470	8	:	:	:
32027	470	9	the	the	DT
32027	470	10	accumulation	accumulation	NN
32027	470	11	of	of	IN
32027	470	12	a	a	DT
32027	470	13	surplus	surplus	JJ
32027	470	14	fund	fund	NN
32027	470	15	from	from	IN
32027	470	16	earnings	earning	NNS
32027	470	17	;	;	,
32027	470	18	double	double	JJ
32027	470	19	liability	liability	NN
32027	470	20	of	of	IN
32027	470	21	stockholders	stockholder	NNS
32027	470	22	;	;	:
32027	470	23	a	a	DT
32027	470	24	minimum	minimum	JJ
32027	470	25	cash	cash	NN
32027	470	26	reserve	reserve	NN
32027	470	27	to	to	TO
32027	470	28	be	be	VB
32027	470	29	kept	keep	VBN
32027	470	30	in	in	IN
32027	470	31	the	the	DT
32027	470	32	vaults	vault	NNS
32027	470	33	,	,	,
32027	470	34	and	and	CC
32027	470	35	an	an	DT
32027	470	36	additional	additional	JJ
32027	470	37	reserve	reserve	NN
32027	470	38	on	on	IN
32027	470	39	deposit	deposit	NN
32027	470	40	in	in	IN
32027	470	41	other	other	JJ
32027	470	42	banks	bank	NNS
32027	470	43	;	;	:
32027	470	44	the	the	DT
32027	470	45	organization	organization	NN
32027	470	46	of	of	IN
32027	470	47	a	a	DT
32027	470	48	banking	banking	NN
32027	470	49	department	department	NN
32027	470	50	for	for	IN
32027	470	51	the	the	DT
32027	470	52	administration	administration	NN
32027	470	53	of	of	IN
32027	470	54	the	the	DT
32027	470	55	laws	law	NNS
32027	470	56	pertaining	pertain	VBG
32027	470	57	to	to	IN
32027	470	58	them	-PRON-	PRP
32027	470	59	;	;	:
32027	470	60	regular	regular	JJ
32027	470	61	reports	report	NNS
32027	470	62	and	and	CC
32027	470	63	examinations	examination	NNS
32027	470	64	;	;	,
32027	470	65	and	and	CC
32027	470	66	some	some	DT
32027	470	67	limitation	limitation	NN
32027	470	68	on	on	IN
32027	470	69	real	real	JJ
32027	470	70	estate	estate	NN
32027	470	71	holdings	holding	NNS
32027	470	72	and	and	CC
32027	470	73	on	on	IN
32027	470	74	the	the	DT
32027	470	75	amount	amount	NN
32027	470	76	of	of	IN
32027	470	77	loans	loan	NNS
32027	470	78	to	to	TO
32027	470	79	be	be	VB
32027	470	80	made	make	VBN
32027	470	81	on	on	IN
32027	470	82	real	real	JJ
32027	470	83	estate	estate	NN
32027	470	84	security	security	NN
32027	470	85	.	.	.
32027	471	1	On	on	IN
32027	471	2	account	account	NN
32027	471	3	of	of	IN
32027	471	4	the	the	DT
32027	471	5	relatively	relatively	RB
32027	471	6	low	low	JJ
32027	471	7	capital	capital	NN
32027	471	8	requirements	requirement	NNS
32027	471	9	imposed	impose	VBN
32027	471	10	upon	upon	IN
32027	471	11	them	-PRON-	PRP
32027	471	12	,	,	,
32027	471	13	and	and	CC
32027	471	14	the	the	DT
32027	471	15	liberality	liberality	NN
32027	471	16	of	of	IN
32027	471	17	the	the	DT
32027	471	18	laws	law	NNS
32027	471	19	concerning	concern	VBG
32027	471	20	them	-PRON-	PRP
32027	471	21	in	in	IN
32027	471	22	other	other	JJ
32027	471	23	respects	respect	NNS
32027	471	24	,	,	,
32027	471	25	state	state	NN
32027	471	26	banks	bank	NNS
32027	471	27	have	have	VBP
32027	471	28	been	be	VBN
32027	471	29	able	able	JJ
32027	471	30	to	to	TO
32027	471	31	prosper	prosper	VB
32027	471	32	where	where	WRB
32027	471	33	national	national	JJ
32027	471	34	banks	bank	NNS
32027	471	35	and	and	CC
32027	471	36	trust	trust	NN
32027	471	37	companies	company	NNS
32027	471	38	could	could	MD
32027	471	39	not	not	RB
32027	471	40	exist	exist	VB
32027	471	41	,	,	,
32027	471	42	and	and	CC
32027	471	43	on	on	IN
32027	471	44	this	this	DT
32027	471	45	account	account	NN
32027	471	46	in	in	IN
32027	471	47	many	many	JJ
32027	471	48	parts	part	NNS
32027	471	49	of	of	IN
32027	471	50	the	the	DT
32027	471	51	South	South	NNP
32027	471	52	and	and	CC
32027	471	53	West	West	NNP
32027	471	54	they	-PRON-	PRP
32027	471	55	do	do	VBP
32027	471	56	most	most	JJS
32027	471	57	of	of	IN
32027	471	58	the	the	DT
32027	471	59	banking	banking	NN
32027	471	60	business	business	NN
32027	471	61	in	in	IN
32027	471	62	small	small	JJ
32027	471	63	towns	town	NNS
32027	471	64	and	and	CC
32027	471	65	country	country	NN
32027	471	66	districts	district	NNS
32027	471	67	.	.	.
32027	472	1	They	-PRON-	PRP
32027	472	2	generally	generally	RB
32027	472	3	perform	perform	VBP
32027	472	4	a	a	DT
32027	472	5	wide	wide	JJ
32027	472	6	range	range	NN
32027	472	7	of	of	IN
32027	472	8	banking	banking	NN
32027	472	9	functions	function	NNS
32027	472	10	,	,	,
32027	472	11	including	include	VBG
32027	472	12	those	those	DT
32027	472	13	of	of	IN
32027	472	14	investment	investment	NN
32027	472	15	and	and	CC
32027	472	16	savings	saving	NNS
32027	472	17	as	as	RB
32027	472	18	well	well	RB
32027	472	19	as	as	IN
32027	472	20	of	of	IN
32027	472	21	commercial	commercial	JJ
32027	472	22	banks	bank	NNS
32027	472	23	.	.	.
32027	473	1	_	_	NNP
32027	473	2	2	2	CD
32027	473	3	.	.	.
32027	474	1	National	National	NNP
32027	474	2	Banks	Banks	NNPS
32027	474	3	_	_	IN
32027	474	4	Our	-PRON-	PRP$
32027	474	5	national	national	JJ
32027	474	6	banking	banking	NN
32027	474	7	system	system	NN
32027	474	8	owes	owe	VBZ
32027	474	9	its	-PRON-	PRP$
32027	474	10	existence	existence	NN
32027	474	11	to	to	IN
32027	474	12	financial	financial	JJ
32027	474	13	exigencies	exigency	NNS
32027	474	14	of	of	IN
32027	474	15	the	the	DT
32027	474	16	federal	federal	JJ
32027	474	17	government	government	NN
32027	474	18	experienced	experience	VBD
32027	474	19	during	during	IN
32027	474	20	the	the	DT
32027	474	21	Civil	Civil	NNP
32027	474	22	War	War	NNP
32027	474	23	.	.	.
32027	475	1	For	for	IN
32027	475	2	a	a	DT
32027	475	3	considerable	considerable	JJ
32027	475	4	period	period	NN
32027	475	5	preceding	precede	VBG
32027	475	6	the	the	DT
32027	475	7	outbreak	outbreak	NN
32027	475	8	of	of	IN
32027	475	9	that	that	DT
32027	475	10	struggle	struggle	NN
32027	475	11	the	the	DT
32027	475	12	expenses	expense	NNS
32027	475	13	of	of	IN
32027	475	14	the	the	DT
32027	475	15	government	government	NN
32027	475	16	had	have	VBD
32027	475	17	exceeded	exceed	VBN
32027	475	18	its	-PRON-	PRP$
32027	475	19	receipts	receipt	NNS
32027	475	20	.	.	.
32027	476	1	The	the	DT
32027	476	2	deficit	deficit	NN
32027	476	3	was	be	VBD
32027	476	4	greatly	greatly	RB
32027	476	5	increased	increase	VBN
32027	476	6	as	as	RB
32027	476	7	soon	soon	RB
32027	476	8	as	as	IN
32027	476	9	the	the	DT
32027	476	10	war	war	NN
32027	476	11	began	begin	VBD
32027	476	12	,	,	,
32027	476	13	and	and	CC
32027	476	14	Congress	Congress	NNP
32027	476	15	did	do	VBD
32027	476	16	not	not	RB
32027	476	17	find	find	VB
32027	476	18	it	-PRON-	PRP
32027	476	19	possible	possible	JJ
32027	476	20	immediately	immediately	RB
32027	476	21	to	to	TO
32027	476	22	devise	devise	VB
32027	476	23	adequate	adequate	JJ
32027	476	24	new	new	JJ
32027	476	25	sources	source	NNS
32027	476	26	of	of	IN
32027	476	27	revenue	revenue	NN
32027	476	28	,	,	,
32027	476	29	including	include	VBG
32027	476	30	a	a	DT
32027	476	31	market	market	NN
32027	476	32	for	for	IN
32027	476	33	government	government	NN
32027	476	34	bonds	bond	NNS
32027	476	35	.	.	.
32027	477	1	It	-PRON-	PRP
32027	477	2	was	be	VBD
32027	477	3	,	,	,
32027	477	4	therefore	therefore	RB
32027	477	5	,	,	,
32027	477	6	forced	force	VBN
32027	477	7	to	to	IN
32027	477	8	the	the	DT
32027	477	9	issue	issue	NN
32027	477	10	of	of	IN
32027	477	11	legal	legal	JJ
32027	477	12	-	-	HYPH
32027	477	13	tender	tender	NN
32027	477	14	notes	note	NNS
32027	477	15	under	under	IN
32027	477	16	authority	authority	NN
32027	477	17	of	of	IN
32027	477	18	an	an	DT
32027	477	19	act	act	NN
32027	477	20	passed	pass	VBN
32027	477	21	February	February	NNP
32027	477	22	25	25	CD
32027	477	23	,	,	,
32027	477	24	1862	1862	CD
32027	477	25	.	.	.
32027	478	1	After	after	IN
32027	478	2	three	three	CD
32027	478	3	issues	issue	NNS
32027	478	4	of	of	IN
32027	478	5	these	these	DT
32027	478	6	notes	note	NNS
32027	478	7	,	,	,
32027	478	8	amounting	amount	VBG
32027	478	9	to	to	IN
32027	478	10	$	$	$
32027	478	11	400,000,000	400,000,000	CD
32027	478	12	,	,	,
32027	478	13	had	have	VBD
32027	478	14	been	be	VBN
32027	478	15	exhausted	exhaust	VBN
32027	478	16	,	,	,
32027	478	17	and	and	CC
32027	478	18	the	the	DT
32027	478	19	value	value	NN
32027	478	20	of	of	IN
32027	478	21	the	the	DT
32027	478	22	notes	note	NNS
32027	478	23	had	have	VBD
32027	478	24	depreciated	depreciate	VBN
32027	478	25	to	to	IN
32027	478	26	such	such	PDT
32027	478	27	an	an	DT
32027	478	28	extent	extent	NN
32027	478	29	that	that	IN
32027	478	30	persistence	persistence	NN
32027	478	31	in	in	IN
32027	478	32	this	this	DT
32027	478	33	method	method	NN
32027	478	34	of	of	IN
32027	478	35	financiering	financier	VBG
32027	478	36	portended	portend	VBD
32027	478	37	speedy	speedy	JJ
32027	478	38	financial	financial	JJ
32027	478	39	disaster	disaster	NN
32027	478	40	,	,	,
32027	478	41	Congress	Congress	NNP
32027	478	42	adopted	adopt	VBD
32027	478	43	a	a	DT
32027	478	44	suggestion	suggestion	NN
32027	478	45	made	make	VBN
32027	478	46	early	early	JJ
32027	478	47	in	in	IN
32027	478	48	the	the	DT
32027	478	49	war	war	NN
32027	478	50	by	by	IN
32027	478	51	Secretary	Secretary	NNP
32027	478	52	Chase	Chase	NNP
32027	478	53	,	,	,
32027	478	54	to	to	IN
32027	478	55	the	the	DT
32027	478	56	effect	effect	NN
32027	478	57	that	that	IN
32027	478	58	a	a	DT
32027	478	59	market	market	NN
32027	478	60	for	for	IN
32027	478	61	government	government	NN
32027	478	62	bonds	bond	NNS
32027	478	63	might	may	MD
32027	478	64	be	be	VB
32027	478	65	created	create	VBN
32027	478	66	by	by	IN
32027	478	67	compelling	compelling	JJ
32027	478	68	banks	bank	NNS
32027	478	69	to	to	TO
32027	478	70	purchase	purchase	VB
32027	478	71	them	-PRON-	PRP
32027	478	72	as	as	IN
32027	478	73	security	security	NN
32027	478	74	for	for	IN
32027	478	75	their	-PRON-	PRP$
32027	478	76	note	note	NN
32027	478	77	issues	issue	NNS
32027	478	78	.	.	.
32027	479	1	An	an	DT
32027	479	2	act	act	NN
32027	479	3	passed	pass	VBD
32027	479	4	February	February	NNP
32027	479	5	25	25	CD
32027	479	6	,	,	,
32027	479	7	1863	1863	CD
32027	479	8	,	,	,
32027	479	9	provided	provide	VBN
32027	479	10	for	for	IN
32027	479	11	the	the	DT
32027	479	12	incorporation	incorporation	NN
32027	479	13	of	of	IN
32027	479	14	banks	bank	NNS
32027	479	15	with	with	IN
32027	479	16	the	the	DT
32027	479	17	right	right	NN
32027	479	18	to	to	TO
32027	479	19	issue	issue	VB
32027	479	20	notes	note	NNS
32027	479	21	on	on	IN
32027	479	22	condition	condition	NN
32027	479	23	that	that	IN
32027	479	24	they	-PRON-	PRP
32027	479	25	purchase	purchase	VBP
32027	479	26	government	government	NN
32027	479	27	bonds	bond	NNS
32027	479	28	and	and	CC
32027	479	29	deposit	deposit	VB
32027	479	30	them	-PRON-	PRP
32027	479	31	with	with	IN
32027	479	32	an	an	DT
32027	479	33	official	official	NN
32027	479	34	to	to	TO
32027	479	35	be	be	VB
32027	479	36	known	know	VBN
32027	479	37	as	as	IN
32027	479	38	Comptroller	Comptroller	NNP
32027	479	39	of	of	IN
32027	479	40	the	the	DT
32027	479	41	Currency	Currency	NNP
32027	479	42	.	.	.
32027	480	1	It	-PRON-	PRP
32027	480	2	was	be	VBD
32027	480	3	the	the	DT
32027	480	4	expectation	expectation	NN
32027	480	5	of	of	IN
32027	480	6	the	the	DT
32027	480	7	authors	author	NNS
32027	480	8	of	of	IN
32027	480	9	this	this	DT
32027	480	10	act	act	NN
32027	480	11	that	that	IN
32027	480	12	the	the	DT
32027	480	13	state	state	NN
32027	480	14	banks	bank	NNS
32027	480	15	,	,	,
32027	480	16	then	then	RB
32027	480	17	numbering	number	VBG
32027	480	18	over	over	IN
32027	480	19	one	one	CD
32027	480	20	thousand	thousand	CD
32027	480	21	,	,	,
32027	480	22	would	would	MD
32027	480	23	exchange	exchange	VB
32027	480	24	their	-PRON-	PRP$
32027	480	25	state	state	NN
32027	480	26	for	for	IN
32027	480	27	national	national	JJ
32027	480	28	charters	charter	NNS
32027	480	29	and	and	CC
32027	480	30	purchase	purchase	NN
32027	480	31	bonds	bond	NNS
32027	480	32	sufficient	sufficient	JJ
32027	480	33	to	to	TO
32027	480	34	secure	secure	VB
32027	480	35	their	-PRON-	PRP$
32027	480	36	circulation	circulation	NN
32027	480	37	under	under	IN
32027	480	38	the	the	DT
32027	480	39	terms	term	NNS
32027	480	40	of	of	IN
32027	480	41	the	the	DT
32027	480	42	new	new	JJ
32027	480	43	act	act	NN
32027	480	44	,	,	,
32027	480	45	but	but	CC
32027	480	46	,	,	,
32027	480	47	since	since	IN
32027	480	48	they	-PRON-	PRP
32027	480	49	showed	show	VBD
32027	480	50	reluctance	reluctance	NN
32027	480	51	so	so	RB
32027	480	52	to	to	TO
32027	480	53	do	do	VB
32027	480	54	,	,	,
32027	480	55	in	in	IN
32027	480	56	1865	1865	CD
32027	480	57	force	force	NN
32027	480	58	was	be	VBD
32027	480	59	applied	apply	VBN
32027	480	60	in	in	IN
32027	480	61	the	the	DT
32027	480	62	form	form	NN
32027	480	63	of	of	IN
32027	480	64	a	a	DT
32027	480	65	tax	tax	NN
32027	480	66	of	of	IN
32027	480	67	ten	ten	CD
32027	480	68	per	per	IN
32027	480	69	cent	cent	NN
32027	480	70	on	on	IN
32027	480	71	bank	bank	NN
32027	480	72	notes	note	NNS
32027	480	73	otherwise	otherwise	RB
32027	480	74	secured	secure	VBD
32027	480	75	.	.	.
32027	481	1	Under	under	IN
32027	481	2	this	this	DT
32027	481	3	pressure	pressure	NN
32027	481	4	most	most	JJS
32027	481	5	of	of	IN
32027	481	6	the	the	DT
32027	481	7	state	state	NN
32027	481	8	banks	bank	NNS
32027	481	9	reorganized	reorganize	VBN
32027	481	10	as	as	IN
32027	481	11	national	national	JJ
32027	481	12	institutions	institution	NNS
32027	481	13	,	,	,
32027	481	14	but	but	CC
32027	481	15	a	a	DT
32027	481	16	few	few	JJ
32027	481	17	retained	retain	VBD
32027	481	18	their	-PRON-	PRP$
32027	481	19	state	state	NN
32027	481	20	charters	charter	NNS
32027	481	21	and	and	CC
32027	481	22	formed	form	VBD
32027	481	23	the	the	DT
32027	481	24	nucleus	nucleus	NN
32027	481	25	of	of	IN
32027	481	26	the	the	DT
32027	481	27	state	state	NN
32027	481	28	system	system	NN
32027	481	29	of	of	IN
32027	481	30	the	the	DT
32027	481	31	present	present	JJ
32027	481	32	day	day	NN
32027	481	33	.	.	.
32027	482	1	On	on	IN
32027	482	2	account	account	NN
32027	482	3	of	of	IN
32027	482	4	the	the	DT
32027	482	5	ten	ten	CD
32027	482	6	per	per	IN
32027	482	7	cent	cent	NN
32027	482	8	tax	tax	NN
32027	482	9	,	,	,
32027	482	10	however	however	RB
32027	482	11	,	,	,
32027	482	12	the	the	DT
32027	482	13	issue	issue	NN
32027	482	14	of	of	IN
32027	482	15	notes	note	NNS
32027	482	16	by	by	IN
32027	482	17	this	this	DT
32027	482	18	remnant	remnant	NN
32027	482	19	became	become	VBD
32027	482	20	unprofitable	unprofitable	JJ
32027	482	21	,	,	,
32027	482	22	and	and	CC
32027	482	23	the	the	DT
32027	482	24	new	new	JJ
32027	482	25	national	national	JJ
32027	482	26	banks	bank	NNS
32027	482	27	have	have	VBP
32027	482	28	to	to	IN
32027	482	29	this	this	DT
32027	482	30	day	day	NN
32027	482	31	remained	remain	VBD
32027	482	32	the	the	DT
32027	482	33	sole	sole	JJ
32027	482	34	banks	bank	NNS
32027	482	35	of	of	IN
32027	482	36	issue	issue	NN
32027	482	37	in	in	IN
32027	482	38	the	the	DT
32027	482	39	country	country	NN
32027	482	40	.	.	.
32027	483	1	The	the	DT
32027	483	2	act	act	NN
32027	483	3	of	of	IN
32027	483	4	1863	1863	CD
32027	483	5	has	have	VBZ
32027	483	6	been	be	VBN
32027	483	7	amended	amend	VBN
32027	483	8	several	several	JJ
32027	483	9	times	time	NNS
32027	483	10	,	,	,
32027	483	11	notably	notably	RB
32027	483	12	in	in	IN
32027	483	13	1864	1864	CD
32027	483	14	,	,	,
32027	483	15	1870	1870	CD
32027	483	16	,	,	,
32027	483	17	1874	1874	CD
32027	483	18	,	,	,
32027	483	19	1875	1875	CD
32027	483	20	,	,	,
32027	483	21	1882	1882	CD
32027	483	22	,	,	,
32027	483	23	1887	1887	CD
32027	483	24	,	,	,
32027	483	25	and	and	CC
32027	483	26	1900	1900	CD
32027	483	27	.	.	.
32027	484	1	In	in	IN
32027	484	2	its	-PRON-	PRP$
32027	484	3	present	present	JJ
32027	484	4	form	form	NN
32027	484	5	it	-PRON-	PRP
32027	484	6	permits	permit	VBZ
32027	484	7	the	the	DT
32027	484	8	organization	organization	NN
32027	484	9	of	of	IN
32027	484	10	banks	bank	NNS
32027	484	11	with	with	IN
32027	484	12	a	a	DT
32027	484	13	capitalization	capitalization	NN
32027	484	14	as	as	RB
32027	484	15	low	low	JJ
32027	484	16	as	as	IN
32027	484	17	$	$	$
32027	484	18	25,000	25,000	CD
32027	484	19	in	in	IN
32027	484	20	towns	town	NNS
32027	484	21	of	of	IN
32027	484	22	3,000	3,000	CD
32027	484	23	inhabitants	inhabitant	NNS
32027	484	24	or	or	CC
32027	484	25	less	less	JJR
32027	484	26	,	,	,
32027	484	27	and	and	CC
32027	484	28	with	with	IN
32027	484	29	a	a	DT
32027	484	30	capitalization	capitalization	NN
32027	484	31	as	as	RB
32027	484	32	low	low	JJ
32027	484	33	as	as	IN
32027	484	34	$	$	$
32027	484	35	50,000	50,000	CD
32027	484	36	in	in	IN
32027	484	37	towns	town	NNS
32027	484	38	of	of	IN
32027	484	39	6,000	6,000	CD
32027	484	40	or	or	CC
32027	484	41	less	less	JJR
32027	484	42	.	.	.
32027	485	1	Banks	bank	NNS
32027	485	2	organized	organize	VBN
32027	485	3	under	under	IN
32027	485	4	this	this	DT
32027	485	5	act	act	NN
32027	485	6	must	must	MD
32027	485	7	put	put	VB
32027	485	8	ten	ten	CD
32027	485	9	per	per	IN
32027	485	10	cent	cent	NN
32027	485	11	of	of	IN
32027	485	12	their	-PRON-	PRP$
32027	485	13	profits	profit	NNS
32027	485	14	into	into	IN
32027	485	15	a	a	DT
32027	485	16	surplus	surplus	JJ
32027	485	17	fund	fund	NN
32027	485	18	until	until	IN
32027	485	19	said	say	VBD
32027	485	20	fund	fund	NN
32027	485	21	amounts	amount	VBZ
32027	485	22	to	to	IN
32027	485	23	twenty	twenty	CD
32027	485	24	per	per	IN
32027	485	25	cent	cent	NN
32027	485	26	of	of	IN
32027	485	27	the	the	DT
32027	485	28	capital	capital	NN
32027	485	29	;	;	:
32027	485	30	must	must	MD
32027	485	31	invest	invest	VB
32027	485	32	at	at	RB
32027	485	33	least	least	RBS
32027	485	34	twenty	twenty	CD
32027	485	35	-	-	HYPH
32027	485	36	five	five	CD
32027	485	37	per	per	IN
32027	485	38	cent	cent	NN
32027	485	39	of	of	IN
32027	485	40	their	-PRON-	PRP$
32027	485	41	capital	capital	NN
32027	485	42	,	,	,
32027	485	43	if	if	IN
32027	485	44	it	-PRON-	PRP
32027	485	45	is	be	VBZ
32027	485	46	less	less	JJR
32027	485	47	than	than	IN
32027	485	48	$	$	$
32027	485	49	200,000	200,000	CD
32027	485	50	,	,	,
32027	485	51	and	and	CC
32027	485	52	at	at	RB
32027	485	53	least	least	RBS
32027	485	54	$	$	$
32027	485	55	50,000	50,000	CD
32027	485	56	,	,	,
32027	485	57	if	if	IN
32027	485	58	it	-PRON-	PRP
32027	485	59	is	be	VBZ
32027	485	60	$	$	$
32027	485	61	200,000	200,000	CD
32027	485	62	or	or	CC
32027	485	63	more	more	JJR
32027	485	64	,	,	,
32027	485	65	in	in	IN
32027	485	66	government	government	NN
32027	485	67	bonds	bond	NNS
32027	485	68	;	;	:
32027	485	69	and	and	CC
32027	485	70	may	may	MD
32027	485	71	deposit	deposit	VB
32027	485	72	said	say	VBD
32027	485	73	bonds	bond	NNS
32027	485	74	with	with	IN
32027	485	75	the	the	DT
32027	485	76	Comptroller	Comptroller	NNP
32027	485	77	of	of	IN
32027	485	78	the	the	DT
32027	485	79	Currency	Currency	NNP
32027	485	80	and	and	CC
32027	485	81	receive	receive	VB
32027	485	82	circulating	circulate	VBG
32027	485	83	notes	note	NNS
32027	485	84	to	to	IN
32027	485	85	the	the	DT
32027	485	86	amount	amount	NN
32027	485	87	of	of	IN
32027	485	88	their	-PRON-	PRP$
32027	485	89	par	par	NN
32027	485	90	value	value	NN
32027	485	91	,	,	,
32027	485	92	provided	provide	VBD
32027	485	93	their	-PRON-	PRP$
32027	485	94	market	market	NN
32027	485	95	value	value	NN
32027	485	96	is	be	VBZ
32027	485	97	par	par	NN
32027	485	98	or	or	CC
32027	485	99	above	above	RB
32027	485	100	.	.	.
32027	486	1	The	the	DT
32027	486	2	rights	right	NNS
32027	486	3	and	and	CC
32027	486	4	privileges	privilege	NNS
32027	486	5	of	of	IN
32027	486	6	these	these	DT
32027	486	7	banks	bank	NNS
32027	486	8	are	be	VBP
32027	486	9	stated	state	VBN
32027	486	10	in	in	IN
32027	486	11	very	very	RB
32027	486	12	broad	broad	JJ
32027	486	13	and	and	CC
32027	486	14	general	general	JJ
32027	486	15	terms	term	NNS
32027	486	16	,	,	,
32027	486	17	a	a	DT
32027	486	18	fair	fair	JJ
32027	486	19	interpretation	interpretation	NN
32027	486	20	of	of	IN
32027	486	21	which	which	WDT
32027	486	22	permits	permit	VBZ
32027	486	23	them	-PRON-	PRP
32027	486	24	to	to	TO
32027	486	25	engage	engage	VB
32027	486	26	in	in	IN
32027	486	27	both	both	CC
32027	486	28	commercial	commercial	JJ
32027	486	29	and	and	CC
32027	486	30	investment	investment	NN
32027	486	31	banking	banking	NN
32027	486	32	under	under	IN
32027	486	33	certain	certain	JJ
32027	486	34	specified	specified	JJ
32027	486	35	limitations	limitation	NNS
32027	486	36	,	,	,
32027	486	37	of	of	IN
32027	486	38	which	which	WDT
32027	486	39	the	the	DT
32027	486	40	most	most	RBS
32027	486	41	important	important	JJ
32027	486	42	are	be	VBP
32027	486	43	the	the	DT
32027	486	44	following	follow	VBG
32027	486	45	:	:	:
32027	486	46	they	-PRON-	PRP
32027	486	47	must	must	MD
32027	486	48	not	not	RB
32027	486	49	invest	invest	VB
32027	486	50	in	in	IN
32027	486	51	or	or	CC
32027	486	52	hold	hold	VB
32027	486	53	real	real	JJ
32027	486	54	estate	estate	NN
32027	486	55	beyond	beyond	IN
32027	486	56	their	-PRON-	PRP$
32027	486	57	owns	own	NNS
32027	486	58	needs	need	NNS
32027	486	59	for	for	IN
32027	486	60	suitable	suitable	JJ
32027	486	61	quarters	quarter	NNS
32027	486	62	,	,	,
32027	486	63	or	or	CC
32027	486	64	temporarily	temporarily	RB
32027	486	65	for	for	IN
32027	486	66	the	the	DT
32027	486	67	purpose	purpose	NN
32027	486	68	of	of	IN
32027	486	69	collecting	collect	VBG
32027	486	70	debts	debt	NNS
32027	486	71	due	due	VBP
32027	486	72	them	-PRON-	PRP
32027	486	73	;	;	:
32027	486	74	they	-PRON-	PRP
32027	486	75	must	must	MD
32027	486	76	not	not	RB
32027	486	77	accept	accept	VB
32027	486	78	real	real	JJ
32027	486	79	estate	estate	NN
32027	486	80	as	as	IN
32027	486	81	security	security	NN
32027	486	82	for	for	IN
32027	486	83	loans	loan	NNS
32027	486	84	;	;	:
32027	486	85	they	-PRON-	PRP
32027	486	86	must	must	MD
32027	486	87	not	not	RB
32027	486	88	loan	loan	VB
32027	486	89	more	more	JJR
32027	486	90	than	than	IN
32027	486	91	ten	ten	CD
32027	486	92	per	per	IN
32027	486	93	cent	cent	NN
32027	486	94	of	of	IN
32027	486	95	their	-PRON-	PRP$
32027	486	96	capital	capital	NN
32027	486	97	and	and	CC
32027	486	98	surplus	surplus	NN
32027	486	99	to	to	IN
32027	486	100	any	any	DT
32027	486	101	one	one	CD
32027	486	102	person	person	NN
32027	486	103	or	or	CC
32027	486	104	firm	firm	JJ
32027	486	105	;	;	:
32027	486	106	and	and	CC
32027	486	107	they	-PRON-	PRP
32027	486	108	must	must	MD
32027	486	109	keep	keep	VB
32027	486	110	reserves	reserve	NNS
32027	486	111	to	to	IN
32027	486	112	the	the	DT
32027	486	113	amount	amount	NN
32027	486	114	of	of	IN
32027	486	115	fifteen	fifteen	CD
32027	486	116	per	per	IN
32027	486	117	cent	cent	NN
32027	486	118	of	of	IN
32027	486	119	their	-PRON-	PRP$
32027	486	120	deposits	deposit	NNS
32027	486	121	,	,	,
32027	486	122	if	if	IN
32027	486	123	they	-PRON-	PRP
32027	486	124	belong	belong	VBP
32027	486	125	to	to	IN
32027	486	126	the	the	DT
32027	486	127	group	group	NN
32027	486	128	known	know	VBN
32027	486	129	as	as	IN
32027	486	130	country	country	NN
32027	486	131	banks	bank	NNS
32027	486	132	,	,	,
32027	486	133	and	and	CC
32027	486	134	to	to	IN
32027	486	135	the	the	DT
32027	486	136	amount	amount	NN
32027	486	137	of	of	IN
32027	486	138	twenty	twenty	CD
32027	486	139	-	-	HYPH
32027	486	140	five	five	CD
32027	486	141	per	per	IN
32027	486	142	cent	cent	NN
32027	486	143	of	of	IN
32027	486	144	their	-PRON-	PRP$
32027	486	145	deposits	deposit	NNS
32027	486	146	,	,	,
32027	486	147	if	if	IN
32027	486	148	they	-PRON-	PRP
32027	486	149	belong	belong	VBP
32027	486	150	to	to	IN
32027	486	151	either	either	CC
32027	486	152	the	the	DT
32027	486	153	reserve	reserve	NNP
32027	486	154	city	city	NN
32027	486	155	or	or	CC
32027	486	156	the	the	DT
32027	486	157	central	central	NNP
32027	486	158	reserve	reserve	NNP
32027	486	159	city	city	NNP
32027	486	160	group	group	NNP
32027	486	161	.	.	.
32027	487	1	In	in	IN
32027	487	2	the	the	DT
32027	487	3	case	case	NN
32027	487	4	of	of	IN
32027	487	5	country	country	NN
32027	487	6	banks	bank	NNS
32027	487	7	,	,	,
32027	487	8	at	at	RB
32027	487	9	least	least	JJS
32027	487	10	two	two	CD
32027	487	11	-	-	HYPH
32027	487	12	fifths	fifth	NNS
32027	487	13	of	of	IN
32027	487	14	the	the	DT
32027	487	15	required	require	VBN
32027	487	16	reserves	reserve	NNS
32027	487	17	,	,	,
32027	487	18	and	and	CC
32027	487	19	in	in	IN
32027	487	20	the	the	DT
32027	487	21	case	case	NN
32027	487	22	of	of	IN
32027	487	23	reserve	reserve	NNP
32027	487	24	city	city	NN
32027	487	25	banks	bank	NNS
32027	487	26	,	,	,
32027	487	27	at	at	RB
32027	487	28	least	least	JJS
32027	487	29	one	one	CD
32027	487	30	-	-	HYPH
32027	487	31	half	half	NN
32027	487	32	,	,	,
32027	487	33	must	must	MD
32027	487	34	consist	consist	VB
32027	487	35	of	of	IN
32027	487	36	specified	specified	JJ
32027	487	37	forms	form	NNS
32027	487	38	of	of	IN
32027	487	39	money	money	NN
32027	487	40	in	in	IN
32027	487	41	their	-PRON-	PRP$
32027	487	42	own	own	JJ
32027	487	43	vaults	vault	NNS
32027	487	44	.	.	.
32027	488	1	The	the	DT
32027	488	2	remainder	remainder	NN
32027	488	3	may	may	MD
32027	488	4	be	be	VB
32027	488	5	balances	balance	NNS
32027	488	6	payable	payable	JJ
32027	488	7	on	on	IN
32027	488	8	demand	demand	NN
32027	488	9	in	in	IN
32027	488	10	approved	approve	VBN
32027	488	11	banks	bank	NNS
32027	488	12	in	in	IN
32027	488	13	reserve	reserve	NN
32027	488	14	or	or	CC
32027	488	15	central	central	NNP
32027	488	16	reserve	reserve	NNP
32027	488	17	cities	city	NNS
32027	488	18	in	in	IN
32027	488	19	the	the	DT
32027	488	20	case	case	NN
32027	488	21	of	of	IN
32027	488	22	country	country	NN
32027	488	23	banks	bank	NNS
32027	488	24	,	,	,
32027	488	25	and	and	CC
32027	488	26	in	in	IN
32027	488	27	the	the	DT
32027	488	28	central	central	NNP
32027	488	29	reserve	reserve	NNP
32027	488	30	cities	city	NNS
32027	488	31	in	in	IN
32027	488	32	the	the	DT
32027	488	33	case	case	NN
32027	488	34	of	of	IN
32027	488	35	reserve	reserve	NNP
32027	488	36	city	city	NN
32027	488	37	banks	bank	NNS
32027	488	38	.	.	.
32027	489	1	In	in	IN
32027	489	2	the	the	DT
32027	489	3	case	case	NN
32027	489	4	of	of	IN
32027	489	5	banks	bank	NNS
32027	489	6	in	in	IN
32027	489	7	central	central	NNP
32027	489	8	reserve	reserve	NNP
32027	489	9	cities	city	NNS
32027	489	10	,	,	,
32027	489	11	the	the	DT
32027	489	12	entire	entire	JJ
32027	489	13	reserve	reserve	NN
32027	489	14	prescribed	prescribe	VBN
32027	489	15	by	by	IN
32027	489	16	law	law	NN
32027	489	17	must	must	MD
32027	489	18	consist	consist	VB
32027	489	19	of	of	IN
32027	489	20	money	money	NN
32027	489	21	in	in	IN
32027	489	22	the	the	DT
32027	489	23	vaults	vault	NNS
32027	489	24	.	.	.
32027	490	1	These	these	DT
32027	490	2	required	require	VBN
32027	490	3	minimum	minimum	JJ
32027	490	4	reserves	reserve	NNS
32027	490	5	must	must	MD
32027	490	6	not	not	RB
32027	490	7	be	be	VB
32027	490	8	infringed	infringe	VBN
32027	490	9	upon	upon	IN
32027	490	10	.	.	.
32027	491	1	When	when	WRB
32027	491	2	a	a	DT
32027	491	3	bank	bank	NN
32027	491	4	's	's	POS
32027	491	5	cash	cash	NN
32027	491	6	and	and	CC
32027	491	7	balances	balance	NNS
32027	491	8	with	with	IN
32027	491	9	its	-PRON-	PRP$
32027	491	10	reserve	reserve	NN
32027	491	11	agents	agent	NNS
32027	491	12	fall	fall	VBP
32027	491	13	to	to	IN
32027	491	14	the	the	DT
32027	491	15	prescribed	prescribe	VBN
32027	491	16	minimum	minimum	NN
32027	491	17	,	,	,
32027	491	18	discounting	discounting	NN
32027	491	19	must	must	MD
32027	491	20	be	be	VB
32027	491	21	stopped	stop	VBN
32027	491	22	under	under	IN
32027	491	23	penalty	penalty	NN
32027	491	24	of	of	IN
32027	491	25	suspension	suspension	NN
32027	491	26	of	of	IN
32027	491	27	privileges	privilege	NNS
32027	491	28	and	and	CC
32027	491	29	liquidation	liquidation	NN
32027	491	30	by	by	IN
32027	491	31	the	the	DT
32027	491	32	Comptroller	Comptroller	NNP
32027	491	33	of	of	IN
32027	491	34	the	the	DT
32027	491	35	Currency	Currency	NNP
32027	491	36	.	.	.
32027	492	1	At	at	IN
32027	492	2	five	five	CD
32027	492	3	dates	date	NNS
32027	492	4	each	each	DT
32027	492	5	year	year	NN
32027	492	6	,	,	,
32027	492	7	selected	select	VBN
32027	492	8	by	by	IN
32027	492	9	the	the	DT
32027	492	10	Comptroller	Comptroller	NNP
32027	492	11	of	of	IN
32027	492	12	the	the	DT
32027	492	13	Currency	Currency	NNP
32027	492	14	,	,	,
32027	492	15	national	national	JJ
32027	492	16	banks	bank	NNS
32027	492	17	must	must	MD
32027	492	18	make	make	VB
32027	492	19	detailed	detailed	JJ
32027	492	20	reports	report	NNS
32027	492	21	of	of	IN
32027	492	22	their	-PRON-	PRP$
32027	492	23	condition	condition	NN
32027	492	24	on	on	IN
32027	492	25	prescribed	prescribed	JJ
32027	492	26	blanks	blank	NNS
32027	492	27	and	and	CC
32027	492	28	publish	publish	VB
32027	492	29	abstracts	abstract	NNS
32027	492	30	of	of	IN
32027	492	31	such	such	JJ
32027	492	32	reports	report	NNS
32027	492	33	in	in	IN
32027	492	34	local	local	JJ
32027	492	35	newspapers	newspaper	NNS
32027	492	36	.	.	.
32027	493	1	They	-PRON-	PRP
32027	493	2	must	must	MD
32027	493	3	also	also	RB
32027	493	4	submit	submit	VB
32027	493	5	to	to	IN
32027	493	6	examination	examination	NN
32027	493	7	by	by	IN
32027	493	8	persons	person	NNS
32027	493	9	appointed	appoint	VBN
32027	493	10	for	for	IN
32027	493	11	that	that	DT
32027	493	12	purpose	purpose	NN
32027	493	13	by	by	IN
32027	493	14	the	the	DT
32027	493	15	Comptroller	Comptroller	NNP
32027	493	16	as	as	RB
32027	493	17	often	often	RB
32027	493	18	as	as	IN
32027	493	19	this	this	DT
32027	493	20	official	official	NN
32027	493	21	may	may	MD
32027	493	22	deem	deem	VB
32027	493	23	necessary	necessary	JJ
32027	493	24	and	and	CC
32027	493	25	proper	proper	JJ
32027	493	26	.	.	.
32027	494	1	National	national	JJ
32027	494	2	banks	bank	NNS
32027	494	3	have	have	VBP
32027	494	4	been	be	VBN
32027	494	5	organized	organize	VBN
32027	494	6	in	in	IN
32027	494	7	every	every	DT
32027	494	8	state	state	NN
32027	494	9	of	of	IN
32027	494	10	the	the	DT
32027	494	11	Union	Union	NNP
32027	494	12	,	,	,
32027	494	13	and	and	CC
32027	494	14	in	in	IN
32027	494	15	Maine	Maine	NNP
32027	494	16	,	,	,
32027	494	17	Massachusetts	Massachusetts	NNP
32027	494	18	,	,	,
32027	494	19	and	and	CC
32027	494	20	Vermont	Vermont	NNP
32027	494	21	they	-PRON-	PRP
32027	494	22	have	have	VBP
32027	494	23	completely	completely	RB
32027	494	24	supplanted	supplant	VBN
32027	494	25	the	the	DT
32027	494	26	state	state	NN
32027	494	27	banks	bank	NNS
32027	494	28	.	.	.
32027	495	1	Elsewhere	elsewhere	RB
32027	495	2	they	-PRON-	PRP
32027	495	3	exist	exist	VBP
32027	495	4	side	side	NN
32027	495	5	by	by	IN
32027	495	6	side	side	NN
32027	495	7	with	with	IN
32027	495	8	state	state	NN
32027	495	9	banks	bank	NNS
32027	495	10	and	and	CC
32027	495	11	compete	compete	VB
32027	495	12	with	with	IN
32027	495	13	them	-PRON-	PRP
32027	495	14	.	.	.
32027	496	1	In	in	IN
32027	496	2	some	some	DT
32027	496	3	states	state	NNS
32027	496	4	they	-PRON-	PRP
32027	496	5	are	be	VBP
32027	496	6	more	more	RBR
32027	496	7	and	and	CC
32027	496	8	in	in	IN
32027	496	9	others	other	NNS
32027	496	10	less	less	RBR
32027	496	11	numerous	numerous	JJ
32027	496	12	than	than	IN
32027	496	13	state	state	NN
32027	496	14	banks	bank	NNS
32027	496	15	.	.	.
32027	497	1	In	in	IN
32027	497	2	the	the	DT
32027	497	3	kind	kind	NN
32027	497	4	of	of	IN
32027	497	5	business	business	NN
32027	497	6	transacted	transact	VBD
32027	497	7	the	the	DT
32027	497	8	only	only	JJ
32027	497	9	important	important	JJ
32027	497	10	difference	difference	NN
32027	497	11	between	between	IN
32027	497	12	the	the	DT
32027	497	13	two	two	CD
32027	497	14	classes	class	NNS
32027	497	15	of	of	IN
32027	497	16	institutions	institution	NNS
32027	497	17	consists	consist	VBZ
32027	497	18	in	in	IN
32027	497	19	the	the	DT
32027	497	20	loans	loan	NNS
32027	497	21	on	on	IN
32027	497	22	real	real	JJ
32027	497	23	estate	estate	NN
32027	497	24	security	security	NN
32027	497	25	,	,	,
32027	497	26	which	which	WDT
32027	497	27	national	national	JJ
32027	497	28	banks	bank	NNS
32027	497	29	are	be	VBP
32027	497	30	prohibited	prohibit	VBN
32027	497	31	,	,	,
32027	497	32	and	and	CC
32027	497	33	state	state	NN
32027	497	34	banks	bank	NNS
32027	497	35	allowed	allow	VBD
32027	497	36	,	,	,
32027	497	37	to	to	TO
32027	497	38	make	make	VB
32027	497	39	.	.	.
32027	498	1	The	the	DT
32027	498	2	latter	latter	JJ
32027	498	3	,	,	,
32027	498	4	therefore	therefore	RB
32027	498	5	,	,	,
32027	498	6	share	share	VB
32027	498	7	this	this	DT
32027	498	8	class	class	NN
32027	498	9	of	of	IN
32027	498	10	business	business	NN
32027	498	11	with	with	IN
32027	498	12	the	the	DT
32027	498	13	trust	trust	NN
32027	498	14	companies	company	NNS
32027	498	15	only	only	RB
32027	498	16	,	,	,
32027	498	17	and	and	CC
32027	498	18	where	where	WRB
32027	498	19	it	-PRON-	PRP
32027	498	20	predominates	predominate	VBZ
32027	498	21	have	have	VBP
32027	498	22	a	a	DT
32027	498	23	distinct	distinct	JJ
32027	498	24	advantage	advantage	NN
32027	498	25	in	in	IN
32027	498	26	competition	competition	NN
32027	498	27	over	over	IN
32027	498	28	the	the	DT
32027	498	29	national	national	JJ
32027	498	30	institutions	institution	NNS
32027	498	31	.	.	.
32027	499	1	_	_	NNP
32027	499	2	3	3	CD
32027	499	3	.	.	.
32027	500	1	The	the	DT
32027	500	2	Independent	Independent	NNP
32027	500	3	Treasury	Treasury	NNP
32027	500	4	System	System	NNP
32027	500	5	_	_	NNP
32027	500	6	While	while	IN
32027	500	7	not	not	RB
32027	500	8	a	a	DT
32027	500	9	banking	banking	NN
32027	500	10	institution	institution	NN
32027	500	11	,	,	,
32027	500	12	the	the	DT
32027	500	13	Treasury	Treasury	NNP
32027	500	14	of	of	IN
32027	500	15	the	the	DT
32027	500	16	United	United	NNP
32027	500	17	States	States	NNP
32027	500	18	handles	handle	VBZ
32027	500	19	its	-PRON-	PRP$
32027	500	20	funds	fund	NNS
32027	500	21	in	in	IN
32027	500	22	such	such	PDT
32027	500	23	a	a	DT
32027	500	24	manner	manner	NN
32027	500	25	and	and	CC
32027	500	26	performs	perform	VBZ
32027	500	27	such	such	JJ
32027	500	28	functions	function	NNS
32027	500	29	with	with	IN
32027	500	30	reference	reference	NN
32027	500	31	to	to	IN
32027	500	32	the	the	DT
32027	500	33	currency	currency	NN
32027	500	34	that	that	IN
32027	500	35	it	-PRON-	PRP
32027	500	36	has	have	VBZ
32027	500	37	become	become	VBN
32027	500	38	an	an	DT
32027	500	39	important	important	JJ
32027	500	40	part	part	NN
32027	500	41	of	of	IN
32027	500	42	the	the	DT
32027	500	43	banking	banking	NN
32027	500	44	system	system	NN
32027	500	45	of	of	IN
32027	500	46	the	the	DT
32027	500	47	country	country	NN
32027	500	48	.	.	.
32027	501	1	Previous	previous	JJ
32027	501	2	to	to	IN
32027	501	3	1840	1840	CD
32027	501	4	the	the	DT
32027	501	5	funds	fund	NNS
32027	501	6	of	of	IN
32027	501	7	the	the	DT
32027	501	8	federal	federal	JJ
32027	501	9	government	government	NN
32027	501	10	were	be	VBD
32027	501	11	kept	keep	VBN
32027	501	12	on	on	IN
32027	501	13	deposit	deposit	NN
32027	501	14	in	in	IN
32027	501	15	banking	banking	NN
32027	501	16	institutions	institution	NNS
32027	501	17	,	,	,
32027	501	18	during	during	IN
32027	501	19	the	the	DT
32027	501	20	greater	great	JJR
32027	501	21	part	part	NN
32027	501	22	of	of	IN
32027	501	23	the	the	DT
32027	501	24	time	time	NN
32027	501	25	in	in	IN
32027	501	26	the	the	DT
32027	501	27	First	first	JJ
32027	501	28	and	and	CC
32027	501	29	Second	second	JJ
32027	501	30	United	United	NNP
32027	501	31	States	States	NNP
32027	501	32	banks	bank	NNS
32027	501	33	.	.	.
32027	502	1	Friction	friction	NN
32027	502	2	between	between	IN
32027	502	3	President	President	NNP
32027	502	4	Jackson	Jackson	NNP
32027	502	5	and	and	CC
32027	502	6	the	the	DT
32027	502	7	Second	Second	NNP
32027	502	8	United	United	NNP
32027	502	9	States	States	NNP
32027	502	10	Bank	Bank	NNP
32027	502	11	resulted	result	VBD
32027	502	12	in	in	IN
32027	502	13	their	-PRON-	PRP$
32027	502	14	withdrawal	withdrawal	NN
32027	502	15	from	from	IN
32027	502	16	that	that	DT
32027	502	17	institution	institution	NN
32027	502	18	in	in	IN
32027	502	19	1834	1834	CD
32027	502	20	and	and	CC
32027	502	21	their	-PRON-	PRP$
32027	502	22	deposit	deposit	NN
32027	502	23	in	in	IN
32027	502	24	selected	select	VBN
32027	502	25	state	state	NN
32027	502	26	banks	bank	NNS
32027	502	27	,	,	,
32027	502	28	several	several	JJ
32027	502	29	of	of	IN
32027	502	30	which	which	WDT
32027	502	31	failed	fail	VBD
32027	502	32	and	and	CC
32027	502	33	all	all	DT
32027	502	34	of	of	IN
32027	502	35	which	which	WDT
32027	502	36	suspended	suspend	VBD
32027	502	37	specie	specie	VBG
32027	502	38	payments	payment	NNS
32027	502	39	during	during	IN
32027	502	40	the	the	DT
32027	502	41	crisis	crisis	NN
32027	502	42	of	of	IN
32027	502	43	1837	1837	CD
32027	502	44	.	.	.
32027	503	1	The	the	DT
32027	503	2	embarrassment	embarrassment	NN
32027	503	3	which	which	WDT
32027	503	4	the	the	DT
32027	503	5	treasury	treasury	NNP
32027	503	6	experienced	experience	VBD
32027	503	7	in	in	IN
32027	503	8	consequence	consequence	NN
32027	503	9	,	,	,
32027	503	10	combined	combine	VBN
32027	503	11	with	with	IN
32027	503	12	previous	previous	JJ
32027	503	13	unsatisfactory	unsatisfactory	JJ
32027	503	14	relations	relation	NNS
32027	503	15	between	between	IN
32027	503	16	the	the	DT
32027	503	17	government	government	NN
32027	503	18	and	and	CC
32027	503	19	its	-PRON-	PRP$
32027	503	20	depositories	depository	NNS
32027	503	21	,	,	,
32027	503	22	convinced	convince	VBD
32027	503	23	President	President	NNP
32027	503	24	Van	Van	NNP
32027	503	25	Buren	Buren	NNP
32027	503	26	that	that	IN
32027	503	27	the	the	DT
32027	503	28	Treasurer	treasurer	NN
32027	503	29	ought	ought	MD
32027	503	30	himself	-PRON-	PRP
32027	503	31	to	to	TO
32027	503	32	keep	keep	VB
32027	503	33	and	and	CC
32027	503	34	to	to	TO
32027	503	35	disburse	disburse	VB
32027	503	36	the	the	DT
32027	503	37	funds	fund	NNS
32027	503	38	of	of	IN
32027	503	39	the	the	DT
32027	503	40	government	government	NN
32027	503	41	.	.	.
32027	504	1	He	-PRON-	PRP
32027	504	2	made	make	VBD
32027	504	3	a	a	DT
32027	504	4	recommendation	recommendation	NN
32027	504	5	to	to	IN
32027	504	6	this	this	DT
32027	504	7	effect	effect	NN
32027	504	8	to	to	IN
32027	504	9	Congress	Congress	NNP
32027	504	10	,	,	,
32027	504	11	which	which	WDT
32027	504	12	in	in	IN
32027	504	13	accordance	accordance	NN
32027	504	14	therewith	therewith	NNP
32027	504	15	enacted	enact	VBD
32027	504	16	the	the	DT
32027	504	17	first	first	JJ
32027	504	18	independent	independent	JJ
32027	504	19	treasury	treasury	NNP
32027	504	20	act	act	NNP
32027	504	21	in	in	IN
32027	504	22	1840	1840	CD
32027	504	23	.	.	.
32027	505	1	The	the	DT
32027	505	2	revival	revival	NN
32027	505	3	of	of	IN
32027	505	4	agitation	agitation	NN
32027	505	5	for	for	IN
32027	505	6	a	a	DT
32027	505	7	third	third	JJ
32027	505	8	United	United	NNP
32027	505	9	States	States	NNP
32027	505	10	Bank	Bank	NNP
32027	505	11	led	lead	VBD
32027	505	12	to	to	IN
32027	505	13	the	the	DT
32027	505	14	repeal	repeal	NN
32027	505	15	of	of	IN
32027	505	16	this	this	DT
32027	505	17	act	act	NN
32027	505	18	the	the	DT
32027	505	19	following	follow	VBG
32027	505	20	year	year	NN
32027	505	21	,	,	,
32027	505	22	but	but	CC
32027	505	23	in	in	IN
32027	505	24	1846	1846	CD
32027	505	25	it	-PRON-	PRP
32027	505	26	was	be	VBD
32027	505	27	reenacted	reenact	VBN
32027	505	28	and	and	CC
32027	505	29	with	with	IN
32027	505	30	modifications	modification	NNS
32027	505	31	has	have	VBZ
32027	505	32	remained	remain	VBN
32027	505	33	upon	upon	IN
32027	505	34	our	-PRON-	PRP$
32027	505	35	statute	statute	NN
32027	505	36	books	book	NNS
32027	505	37	to	to	IN
32027	505	38	the	the	DT
32027	505	39	present	present	JJ
32027	505	40	day	day	NN
32027	505	41	.	.	.
32027	506	1	In	in	IN
32027	506	2	its	-PRON-	PRP$
32027	506	3	original	original	JJ
32027	506	4	form	form	NN
32027	506	5	this	this	DT
32027	506	6	act	act	NN
32027	506	7	provided	provide	VBN
32027	506	8	for	for	IN
32027	506	9	the	the	DT
32027	506	10	acquisition	acquisition	NN
32027	506	11	of	of	IN
32027	506	12	vaults	vault	NNS
32027	506	13	in	in	IN
32027	506	14	certain	certain	JJ
32027	506	15	cities	city	NNS
32027	506	16	,	,	,
32027	506	17	in	in	IN
32027	506	18	which	which	WDT
32027	506	19	should	should	MD
32027	506	20	be	be	VB
32027	506	21	deposited	deposit	VBN
32027	506	22	the	the	DT
32027	506	23	funds	fund	NNS
32027	506	24	of	of	IN
32027	506	25	the	the	DT
32027	506	26	government	government	NN
32027	506	27	as	as	RB
32027	506	28	soon	soon	RB
32027	506	29	as	as	IN
32027	506	30	possible	possible	JJ
32027	506	31	after	after	IN
32027	506	32	they	-PRON-	PRP
32027	506	33	came	come	VBD
32027	506	34	into	into	IN
32027	506	35	the	the	DT
32027	506	36	hands	hand	NNS
32027	506	37	of	of	IN
32027	506	38	the	the	DT
32027	506	39	receiving	receive	VBG
32027	506	40	officers	officer	NNS
32027	506	41	,	,	,
32027	506	42	and	and	CC
32027	506	43	out	out	IN
32027	506	44	of	of	IN
32027	506	45	which	which	WDT
32027	506	46	should	should	MD
32027	506	47	be	be	VB
32027	506	48	taken	take	VBN
32027	506	49	,	,	,
32027	506	50	upon	upon	IN
32027	506	51	drafts	draft	NNS
32027	506	52	issued	issue	VBN
32027	506	53	by	by	IN
32027	506	54	the	the	DT
32027	506	55	Secretary	Secretary	NNP
32027	506	56	of	of	IN
32027	506	57	the	the	DT
32027	506	58	Treasury	Treasury	NNP
32027	506	59	,	,	,
32027	506	60	the	the	DT
32027	506	61	money	money	NN
32027	506	62	needed	need	VBN
32027	506	63	for	for	IN
32027	506	64	the	the	DT
32027	506	65	payment	payment	NN
32027	506	66	of	of	IN
32027	506	67	the	the	DT
32027	506	68	government	government	NN
32027	506	69	's	's	POS
32027	506	70	obligations	obligation	NNS
32027	506	71	.	.	.
32027	507	1	It	-PRON-	PRP
32027	507	2	further	further	RB
32027	507	3	provided	provide	VBD
32027	507	4	that	that	IN
32027	507	5	all	all	DT
32027	507	6	dues	due	NNS
32027	507	7	to	to	IN
32027	507	8	the	the	DT
32027	507	9	government	government	NN
32027	507	10	in	in	IN
32027	507	11	the	the	DT
32027	507	12	future	future	NN
32027	507	13	should	should	MD
32027	507	14	be	be	VB
32027	507	15	paid	pay	VBN
32027	507	16	either	either	CC
32027	507	17	in	in	IN
32027	507	18	coin	coin	NN
32027	507	19	or	or	CC
32027	507	20	in	in	IN
32027	507	21	currency	currency	NN
32027	507	22	issued	issue	VBN
32027	507	23	exclusively	exclusively	RB
32027	507	24	by	by	IN
32027	507	25	the	the	DT
32027	507	26	government	government	NN
32027	507	27	,	,	,
32027	507	28	and	and	CC
32027	507	29	that	that	IN
32027	507	30	all	all	DT
32027	507	31	expenses	expense	NNS
32027	507	32	should	should	MD
32027	507	33	be	be	VB
32027	507	34	paid	pay	VBN
32027	507	35	in	in	IN
32027	507	36	the	the	DT
32027	507	37	same	same	JJ
32027	507	38	forms	form	NNS
32027	507	39	of	of	IN
32027	507	40	money	money	NN
32027	507	41	.	.	.
32027	508	1	Important	important	JJ
32027	508	2	modifications	modification	NNS
32027	508	3	in	in	IN
32027	508	4	this	this	DT
32027	508	5	act	act	NN
32027	508	6	were	be	VBD
32027	508	7	made	make	VBN
32027	508	8	during	during	IN
32027	508	9	and	and	CC
32027	508	10	after	after	IN
32027	508	11	the	the	DT
32027	508	12	Civil	Civil	NNP
32027	508	13	War	War	NNP
32027	508	14	.	.	.
32027	509	1	In	in	IN
32027	509	2	1863	1863	CD
32027	509	3	permission	permission	NN
32027	509	4	was	be	VBD
32027	509	5	granted	grant	VBN
32027	509	6	the	the	DT
32027	509	7	Secretary	Secretary	NNP
32027	509	8	of	of	IN
32027	509	9	the	the	DT
32027	509	10	Treasury	Treasury	NNP
32027	509	11	to	to	TO
32027	509	12	deposit	deposit	VB
32027	509	13	in	in	IN
32027	509	14	national	national	JJ
32027	509	15	banks	bank	NNS
32027	509	16	funds	fund	NNS
32027	509	17	accumulated	accumulate	VBN
32027	509	18	in	in	IN
32027	509	19	the	the	DT
32027	509	20	treasury	treasury	NN
32027	509	21	,	,	,
32027	509	22	and	and	CC
32027	509	23	derived	derive	VBN
32027	509	24	from	from	IN
32027	509	25	any	any	DT
32027	509	26	source	source	NN
32027	509	27	except	except	IN
32027	509	28	duties	duty	NNS
32027	509	29	on	on	IN
32027	509	30	imports	import	NNS
32027	509	31	,	,	,
32027	509	32	provided	provide	VBD
32027	509	33	the	the	DT
32027	509	34	banks	bank	NNS
32027	509	35	selected	select	VBN
32027	509	36	for	for	IN
32027	509	37	this	this	DT
32027	509	38	purpose	purpose	NN
32027	509	39	should	should	MD
32027	509	40	deposit	deposit	VB
32027	509	41	with	with	IN
32027	509	42	him	-PRON-	PRP
32027	509	43	government	government	NN
32027	509	44	bonds	bond	NNS
32027	509	45	for	for	IN
32027	509	46	their	-PRON-	PRP$
32027	509	47	security	security	NN
32027	509	48	.	.	.
32027	510	1	Subsequently	subsequently	RB
32027	510	2	the	the	DT
32027	510	3	discretionary	discretionary	JJ
32027	510	4	power	power	NN
32027	510	5	of	of	IN
32027	510	6	the	the	DT
32027	510	7	Secretary	Secretary	NNP
32027	510	8	in	in	IN
32027	510	9	this	this	DT
32027	510	10	direction	direction	NN
32027	510	11	was	be	VBD
32027	510	12	extended	extend	VBN
32027	510	13	so	so	IN
32027	510	14	that	that	IN
32027	510	15	at	at	IN
32027	510	16	the	the	DT
32027	510	17	present	present	JJ
32027	510	18	time	time	NN
32027	510	19	he	-PRON-	PRP
32027	510	20	is	be	VBZ
32027	510	21	authorized	authorize	VBN
32027	510	22	at	at	IN
32027	510	23	his	-PRON-	PRP$
32027	510	24	discretion	discretion	NN
32027	510	25	to	to	TO
32027	510	26	deposit	deposit	VB
32027	510	27	in	in	IN
32027	510	28	national	national	JJ
32027	510	29	banks	bank	NNS
32027	510	30	surplus	surplus	NN
32027	510	31	funds	fund	NNS
32027	510	32	derived	derive	VBN
32027	510	33	from	from	IN
32027	510	34	any	any	DT
32027	510	35	source	source	NN
32027	510	36	,	,	,
32027	510	37	trust	trust	NN
32027	510	38	funds	fund	NNS
32027	510	39	alone	alone	RB
32027	510	40	excepted	except	VBD
32027	510	41	,	,	,
32027	510	42	and	and	CC
32027	510	43	to	to	TO
32027	510	44	accept	accept	VB
32027	510	45	as	as	IN
32027	510	46	security	security	NN
32027	510	47	therefor	therefor	IN
32027	510	48	other	other	JJ
32027	510	49	securities	security	NNS
32027	510	50	than	than	IN
32027	510	51	government	government	NN
32027	510	52	bonds	bond	NNS
32027	510	53	.	.	.
32027	511	1	Other	other	JJ
32027	511	2	laws	law	NNS
32027	511	3	have	have	VBP
32027	511	4	made	make	VBN
32027	511	5	national	national	JJ
32027	511	6	bank	bank	NN
32027	511	7	notes	note	NNS
32027	511	8	acceptable	acceptable	JJ
32027	511	9	for	for	IN
32027	511	10	certain	certain	JJ
32027	511	11	public	public	JJ
32027	511	12	dues	due	NNS
32027	511	13	,	,	,
32027	511	14	and	and	CC
32027	511	15	have	have	VBP
32027	511	16	given	give	VBN
32027	511	17	the	the	DT
32027	511	18	Secretary	Secretary	NNP
32027	511	19	authority	authority	NN
32027	511	20	to	to	TO
32027	511	21	issue	issue	VB
32027	511	22	gold	gold	NN
32027	511	23	and	and	CC
32027	511	24	silver	silver	NN
32027	511	25	certificates	certificate	NNS
32027	511	26	against	against	IN
32027	511	27	gold	gold	JJ
32027	511	28	coin	coin	NN
32027	511	29	and	and	CC
32027	511	30	silver	silver	NN
32027	511	31	dollars	dollar	NNS
32027	511	32	deposited	deposit	VBN
32027	511	33	in	in	IN
32027	511	34	corresponding	corresponding	JJ
32027	511	35	amounts	amount	NNS
32027	511	36	,	,	,
32027	511	37	and	and	CC
32027	511	38	to	to	TO
32027	511	39	redeem	redeem	VB
32027	511	40	United	United	NNP
32027	511	41	States	States	NNP
32027	511	42	notes	note	VBZ
32027	511	43	in	in	IN
32027	511	44	gold	gold	JJ
32027	511	45	coin	coin	NN
32027	511	46	and	and	CC
32027	511	47	to	to	TO
32027	511	48	keep	keep	VB
32027	511	49	on	on	IN
32027	511	50	hand	hand	NN
32027	511	51	for	for	IN
32027	511	52	that	that	DT
32027	511	53	purpose	purpose	NN
32027	511	54	a	a	DT
32027	511	55	gold	gold	NN
32027	511	56	reserve	reserve	NN
32027	511	57	of	of	IN
32027	511	58	$	$	$
32027	511	59	150,000,000	150,000,000	CD
32027	511	60	.	.	.
32027	512	1	In	in	IN
32027	512	2	its	-PRON-	PRP$
32027	512	3	operation	operation	NN
32027	512	4	,	,	,
32027	512	5	this	this	DT
32027	512	6	independent	independent	JJ
32027	512	7	treasury	treasury	NN
32027	512	8	system	system	NN
32027	512	9	affects	affect	VBZ
32027	512	10	the	the	DT
32027	512	11	reserves	reserve	NNS
32027	512	12	of	of	IN
32027	512	13	the	the	DT
32027	512	14	banks	bank	NNS
32027	512	15	and	and	CC
32027	512	16	through	through	IN
32027	512	17	them	-PRON-	PRP
32027	512	18	their	-PRON-	PRP$
32027	512	19	discounts	discount	NNS
32027	512	20	and	and	CC
32027	512	21	the	the	DT
32027	512	22	commerce	commerce	NN
32027	512	23	of	of	IN
32027	512	24	the	the	DT
32027	512	25	country	country	NN
32027	512	26	.	.	.
32027	513	1	Whenever	whenever	WRB
32027	513	2	the	the	DT
32027	513	3	receipts	receipt	NNS
32027	513	4	of	of	IN
32027	513	5	the	the	DT
32027	513	6	government	government	NN
32027	513	7	exceed	exceed	VBP
32027	513	8	its	-PRON-	PRP$
32027	513	9	expenditures	expenditure	NNS
32027	513	10	,	,	,
32027	513	11	money	money	NN
32027	513	12	accumulates	accumulate	NNS
32027	513	13	in	in	IN
32027	513	14	the	the	DT
32027	513	15	treasury	treasury	NN
32027	513	16	and	and	CC
32027	513	17	the	the	DT
32027	513	18	reserves	reserve	NNS
32027	513	19	of	of	IN
32027	513	20	the	the	DT
32027	513	21	banks	bank	NNS
32027	513	22	are	be	VBP
32027	513	23	diminished	diminish	VBN
32027	513	24	;	;	:
32027	513	25	and	and	CC
32027	513	26	,	,	,
32027	513	27	under	under	IN
32027	513	28	opposite	opposite	JJ
32027	513	29	conditions	condition	NNS
32027	513	30	,	,	,
32027	513	31	they	-PRON-	PRP
32027	513	32	are	be	VBP
32027	513	33	increased	increase	VBN
32027	513	34	.	.	.
32027	514	1	The	the	DT
32027	514	2	return	return	NN
32027	514	3	of	of	IN
32027	514	4	accumulated	accumulate	VBN
32027	514	5	surplus	surplus	JJ
32027	514	6	funds	fund	NNS
32027	514	7	to	to	IN
32027	514	8	the	the	DT
32027	514	9	banks	bank	NNS
32027	514	10	is	be	VBZ
32027	514	11	possible	possible	JJ
32027	514	12	when	when	WRB
32027	514	13	the	the	DT
32027	514	14	Secretary	Secretary	NNP
32027	514	15	of	of	IN
32027	514	16	the	the	DT
32027	514	17	Treasury	Treasury	NNP
32027	514	18	decides	decide	VBZ
32027	514	19	that	that	IN
32027	514	20	such	such	JJ
32027	514	21	return	return	NN
32027	514	22	is	be	VBZ
32027	514	23	desirable	desirable	JJ
32027	514	24	or	or	CC
32027	514	25	necessary	necessary	JJ
32027	514	26	and	and	CC
32027	514	27	when	when	WRB
32027	514	28	the	the	DT
32027	514	29	banks	bank	NNS
32027	514	30	are	be	VBP
32027	514	31	able	able	JJ
32027	514	32	and	and	CC
32027	514	33	willing	willing	JJ
32027	514	34	to	to	TO
32027	514	35	supply	supply	VB
32027	514	36	the	the	DT
32027	514	37	bonds	bond	NNS
32027	514	38	demanded	demand	VBD
32027	514	39	as	as	IN
32027	514	40	security	security	NN
32027	514	41	.	.	.
32027	515	1	In	in	IN
32027	515	2	case	case	NN
32027	515	3	a	a	DT
32027	515	4	deposit	deposit	NN
32027	515	5	is	be	VBZ
32027	515	6	agreed	agree	VBN
32027	515	7	upon	upon	IN
32027	515	8	the	the	DT
32027	515	9	funds	fund	NNS
32027	515	10	go	go	VBP
32027	515	11	to	to	IN
32027	515	12	a	a	DT
32027	515	13	relatively	relatively	RB
32027	515	14	small	small	JJ
32027	515	15	number	number	NN
32027	515	16	of	of	IN
32027	515	17	national	national	JJ
32027	515	18	banks	bank	NNS
32027	515	19	selected	select	VBN
32027	515	20	as	as	IN
32027	515	21	depositories	depository	NNS
32027	515	22	by	by	IN
32027	515	23	the	the	DT
32027	515	24	Secretary	Secretary	NNP
32027	515	25	of	of	IN
32027	515	26	the	the	DT
32027	515	27	Treasury	Treasury	NNP
32027	515	28	,	,	,
32027	515	29	the	the	DT
32027	515	30	amount	amount	NN
32027	515	31	allowed	allow	VBD
32027	515	32	each	each	DT
32027	515	33	depository	depository	NN
32027	515	34	also	also	RB
32027	515	35	being	be	VBG
32027	515	36	determined	determine	VBN
32027	515	37	by	by	IN
32027	515	38	him	-PRON-	PRP
32027	515	39	.	.	.
32027	516	1	Through	through	IN
32027	516	2	its	-PRON-	PRP$
32027	516	3	ability	ability	NN
32027	516	4	to	to	TO
32027	516	5	issue	issue	VB
32027	516	6	gold	gold	NN
32027	516	7	and	and	CC
32027	516	8	silver	silver	NN
32027	516	9	certificates	certificate	NNS
32027	516	10	,	,	,
32027	516	11	its	-PRON-	PRP$
32027	516	12	obligation	obligation	NN
32027	516	13	to	to	TO
32027	516	14	redeem	redeem	VB
32027	516	15	United	United	NNP
32027	516	16	States	States	NNP
32027	516	17	notes	note	VBZ
32027	516	18	in	in	IN
32027	516	19	gold	gold	NN
32027	516	20	on	on	IN
32027	516	21	demand	demand	NN
32027	516	22	,	,	,
32027	516	23	its	-PRON-	PRP$
32027	516	24	administration	administration	NN
32027	516	25	of	of	IN
32027	516	26	the	the	DT
32027	516	27	United	United	NNP
32027	516	28	States	States	NNP
32027	516	29	mints	mint	NNS
32027	516	30	and	and	CC
32027	516	31	assay	assay	NN
32027	516	32	offices	office	NNS
32027	516	33	and	and	CC
32027	516	34	the	the	DT
32027	516	35	laws	law	NNS
32027	516	36	regulating	regulate	VBG
32027	516	37	the	the	DT
32027	516	38	supply	supply	NN
32027	516	39	and	and	CC
32027	516	40	distribution	distribution	NN
32027	516	41	of	of	IN
32027	516	42	subsidiary	subsidiary	JJ
32027	516	43	coin	coin	NN
32027	516	44	,	,	,
32027	516	45	the	the	DT
32027	516	46	United	United	NNP
32027	516	47	States	States	NNP
32027	516	48	Treasury	Treasury	NNP
32027	516	49	cooperates	cooperate	VBZ
32027	516	50	with	with	IN
32027	516	51	the	the	DT
32027	516	52	banks	bank	NNS
32027	516	53	in	in	IN
32027	516	54	the	the	DT
32027	516	55	supply	supply	NN
32027	516	56	and	and	CC
32027	516	57	distribution	distribution	NN
32027	516	58	of	of	IN
32027	516	59	the	the	DT
32027	516	60	circulating	circulate	VBG
32027	516	61	medium	medium	NN
32027	516	62	of	of	IN
32027	516	63	the	the	DT
32027	516	64	country	country	NN
32027	516	65	.	.	.
32027	517	1	The	the	DT
32027	517	2	people	people	NNS
32027	517	3	apply	apply	VBP
32027	517	4	to	to	IN
32027	517	5	the	the	DT
32027	517	6	banks	bank	NNS
32027	517	7	for	for	IN
32027	517	8	the	the	DT
32027	517	9	forms	form	NNS
32027	517	10	of	of	IN
32027	517	11	money	money	NN
32027	517	12	and	and	CC
32027	517	13	currency	currency	NN
32027	517	14	desired	desire	VBN
32027	517	15	and	and	CC
32027	517	16	these	these	DT
32027	517	17	institutions	institution	NNS
32027	517	18	meet	meet	VBP
32027	517	19	the	the	DT
32027	517	20	demand	demand	NN
32027	517	21	by	by	IN
32027	517	22	means	mean	NNS
32027	517	23	of	of	IN
32027	517	24	the	the	DT
32027	517	25	funds	fund	NNS
32027	517	26	deposited	deposit	VBN
32027	517	27	with	with	IN
32027	517	28	them	-PRON-	PRP
32027	517	29	or	or	CC
32027	517	30	by	by	IN
32027	517	31	their	-PRON-	PRP$
32027	517	32	exchange	exchange	NN
32027	517	33	at	at	IN
32027	517	34	the	the	DT
32027	517	35	various	various	JJ
32027	517	36	subtreasuries	subtreasury	NNS
32027	517	37	,	,	,
32027	517	38	if	if	IN
32027	517	39	the	the	DT
32027	517	40	forms	form	NNS
32027	517	41	of	of	IN
32027	517	42	money	money	NN
32027	517	43	deposited	deposit	VBN
32027	517	44	do	do	VBP
32027	517	45	not	not	RB
32027	517	46	correspond	correspond	VB
32027	517	47	with	with	IN
32027	517	48	these	these	DT
32027	517	49	demands	demand	NNS
32027	517	50	.	.	.
32027	518	1	_	_	NNP
32027	518	2	4	4	CD
32027	518	3	.	.	.
32027	519	1	The	the	DT
32027	519	2	Interrelations	interrelation	NNS
32027	519	3	of	of	IN
32027	519	4	These	these	DT
32027	519	5	Institutions	Institutions	NNPS
32027	519	6	_	_	NNP
32027	519	7	Under	under	IN
32027	519	8	the	the	DT
32027	519	9	operation	operation	NN
32027	519	10	of	of	IN
32027	519	11	the	the	DT
32027	519	12	national	national	NNP
32027	519	13	banking	banking	NNP
32027	519	14	act	act	NNP
32027	519	15	,	,	,
32027	519	16	New	New	NNP
32027	519	17	York	York	NNP
32027	519	18	,	,	,
32027	519	19	Chicago	Chicago	NNP
32027	519	20	,	,	,
32027	519	21	and	and	CC
32027	519	22	St.	St.	NNP
32027	519	23	Louis	Louis	NNP
32027	519	24	have	have	VBP
32027	519	25	been	be	VBN
32027	519	26	designated	designate	VBN
32027	519	27	as	as	IN
32027	519	28	_	_	NNP
32027	519	29	central	central	NNP
32027	519	30	reserve	reserve	NNP
32027	519	31	_	_	NNP
32027	519	32	,	,	,
32027	519	33	and	and	CC
32027	519	34	forty	forty	CD
32027	519	35	-	-	HYPH
32027	519	36	seven	seven	CD
32027	519	37	other	other	JJ
32027	519	38	cities	city	NNS
32027	519	39	as	as	IN
32027	519	40	_	_	NNP
32027	519	41	reserve	reserve	NN
32027	519	42	_	_	NNP
32027	519	43	cities	city	NNS
32027	519	44	.	.	.
32027	520	1	The	the	DT
32027	520	2	national	national	JJ
32027	520	3	banks	bank	NNS
32027	520	4	in	in	IN
32027	520	5	these	these	DT
32027	520	6	reserve	reserve	NNP
32027	520	7	cities	city	NNS
32027	520	8	act	act	VBP
32027	520	9	as	as	IN
32027	520	10	reserve	reserve	NN
32027	520	11	agents	agent	NNS
32027	520	12	for	for	IN
32027	520	13	national	national	JJ
32027	520	14	banks	bank	NNS
32027	520	15	in	in	IN
32027	520	16	the	the	DT
32027	520	17	cities	city	NNS
32027	520	18	and	and	CC
32027	520	19	towns	town	NNS
32027	520	20	not	not	RB
32027	520	21	so	so	RB
32027	520	22	designated	designate	VBN
32027	520	23	and	and	CC
32027	520	24	ordinarily	ordinarily	RB
32027	520	25	receive	receive	VB
32027	520	26	on	on	IN
32027	520	27	deposit	deposit	NN
32027	520	28	the	the	DT
32027	520	29	major	major	JJ
32027	520	30	part	part	NN
32027	520	31	of	of	IN
32027	520	32	their	-PRON-	PRP$
32027	520	33	reserves	reserve	NNS
32027	520	34	plus	plus	CC
32027	520	35	surplus	surplus	NN
32027	520	36	funds	fund	NNS
32027	520	37	not	not	RB
32027	520	38	needed	need	VBN
32027	520	39	for	for	IN
32027	520	40	local	local	JJ
32027	520	41	purposes	purpose	NNS
32027	520	42	.	.	.
32027	521	1	Banks	bank	NNS
32027	521	2	in	in	IN
32027	521	3	the	the	DT
32027	521	4	central	central	NNP
32027	521	5	reserve	reserve	NNP
32027	521	6	cities	cities	NNPS
32027	521	7	act	act	VBP
32027	521	8	as	as	IN
32027	521	9	reserve	reserve	NN
32027	521	10	agents	agent	NNS
32027	521	11	for	for	IN
32027	521	12	the	the	DT
32027	521	13	banks	bank	NNS
32027	521	14	in	in	IN
32027	521	15	the	the	DT
32027	521	16	reserve	reserve	NN
32027	521	17	cities	city	NNS
32027	521	18	as	as	RB
32027	521	19	well	well	RB
32027	521	20	as	as	IN
32027	521	21	for	for	IN
32027	521	22	country	country	NN
32027	521	23	banks	bank	NNS
32027	521	24	,	,	,
32027	521	25	and	and	CC
32027	521	26	on	on	IN
32027	521	27	account	account	NN
32027	521	28	of	of	IN
32027	521	29	their	-PRON-	PRP$
32027	521	30	importance	importance	NN
32027	521	31	as	as	IN
32027	521	32	commercial	commercial	JJ
32027	521	33	and	and	CC
32027	521	34	investment	investment	NN
32027	521	35	centers	center	NNS
32027	521	36	receive	receive	VBP
32027	521	37	and	and	CC
32027	521	38	hold	hold	VBP
32027	521	39	in	in	RP
32027	521	40	the	the	DT
32027	521	41	form	form	NN
32027	521	42	of	of	IN
32027	521	43	bankers	banker	NNS
32027	521	44	'	'	POS
32027	521	45	balances	balance	VBZ
32027	521	46	a	a	DT
32027	521	47	large	large	JJ
32027	521	48	part	part	NN
32027	521	49	of	of	IN
32027	521	50	the	the	DT
32027	521	51	reserve	reserve	NN
32027	521	52	funds	fund	NNS
32027	521	53	as	as	RB
32027	521	54	well	well	RB
32027	521	55	as	as	IN
32027	521	56	the	the	DT
32027	521	57	surplus	surplus	NN
32027	521	58	investment	investment	NN
32027	521	59	funds	fund	NNS
32027	521	60	of	of	IN
32027	521	61	the	the	DT
32027	521	62	national	national	JJ
32027	521	63	banks	bank	NNS
32027	521	64	of	of	IN
32027	521	65	the	the	DT
32027	521	66	entire	entire	JJ
32027	521	67	country	country	NN
32027	521	68	.	.	.
32027	522	1	State	state	NN
32027	522	2	banks	bank	NNS
32027	522	3	and	and	CC
32027	522	4	trust	trust	NN
32027	522	5	companies	company	NNS
32027	522	6	manage	manage	VBP
32027	522	7	their	-PRON-	PRP$
32027	522	8	reserve	reserve	NN
32027	522	9	and	and	CC
32027	522	10	surplus	surplus	JJ
32027	522	11	investment	investment	NN
32027	522	12	funds	fund	NNS
32027	522	13	in	in	IN
32027	522	14	substantially	substantially	RB
32027	522	15	the	the	DT
32027	522	16	same	same	JJ
32027	522	17	manner	manner	NN
32027	522	18	as	as	IN
32027	522	19	national	national	JJ
32027	522	20	banks	bank	NNS
32027	522	21	,	,	,
32027	522	22	using	use	VBG
32027	522	23	national	national	JJ
32027	522	24	banks	bank	NNS
32027	522	25	in	in	IN
32027	522	26	the	the	DT
32027	522	27	reserve	reserve	NN
32027	522	28	and	and	CC
32027	522	29	central	central	NNP
32027	522	30	reserve	reserve	NNP
32027	522	31	cities	city	NNS
32027	522	32	as	as	IN
32027	522	33	their	-PRON-	PRP$
32027	522	34	reserve	reserve	NN
32027	522	35	agents	agent	NNS
32027	522	36	.	.	.
32027	523	1	State	state	NN
32027	523	2	laws	law	NNS
32027	523	3	usually	usually	RB
32027	523	4	allow	allow	VBP
32027	523	5	approved	approve	VBN
32027	523	6	state	state	NN
32027	523	7	banks	bank	NNS
32027	523	8	and	and	CC
32027	523	9	trust	trust	NN
32027	523	10	companies	company	NNS
32027	523	11	also	also	RB
32027	523	12	to	to	TO
32027	523	13	act	act	VB
32027	523	14	as	as	IN
32027	523	15	reserve	reserve	NN
32027	523	16	agents	agent	NNS
32027	523	17	for	for	IN
32027	523	18	the	the	DT
32027	523	19	banks	bank	NNS
32027	523	20	and	and	CC
32027	523	21	trust	trust	NN
32027	523	22	companies	company	NNS
32027	523	23	under	under	IN
32027	523	24	their	-PRON-	PRP$
32027	523	25	jurisdiction	jurisdiction	NN
32027	523	26	,	,	,
32027	523	27	but	but	CC
32027	523	28	these	these	DT
32027	523	29	approved	approve	VBN
32027	523	30	banks	bank	NNS
32027	523	31	are	be	VBP
32027	523	32	generally	generally	RB
32027	523	33	located	locate	VBN
32027	523	34	in	in	IN
32027	523	35	the	the	DT
32027	523	36	reserve	reserve	NN
32027	523	37	and	and	CC
32027	523	38	central	central	NNP
32027	523	39	reserve	reserve	NNP
32027	523	40	cities	city	NNS
32027	523	41	,	,	,
32027	523	42	and	and	CC
32027	523	43	themselves	-PRON-	PRP
32027	523	44	employ	employ	VBP
32027	523	45	the	the	DT
32027	523	46	national	national	JJ
32027	523	47	banks	bank	NNS
32027	523	48	there	there	RB
32027	523	49	located	locate	VBN
32027	523	50	as	as	IN
32027	523	51	their	-PRON-	PRP$
32027	523	52	reserve	reserve	NN
32027	523	53	agents	agent	NNS
32027	523	54	,	,	,
32027	523	55	thus	thus	RB
32027	523	56	forming	form	VBG
32027	523	57	simply	simply	RB
32027	523	58	an	an	DT
32027	523	59	additional	additional	JJ
32027	523	60	conduit	conduit	NN
32027	523	61	through	through	IN
32027	523	62	which	which	WDT
32027	523	63	the	the	DT
32027	523	64	reserve	reserve	NN
32027	523	65	and	and	CC
32027	523	66	surplus	surplus	NN
32027	523	67	investment	investment	NN
32027	523	68	funds	fund	NNS
32027	523	69	of	of	IN
32027	523	70	state	state	NN
32027	523	71	banks	bank	NNS
32027	523	72	and	and	CC
32027	523	73	trust	trust	NN
32027	523	74	companies	company	NNS
32027	523	75	reach	reach	VBP
32027	523	76	the	the	DT
32027	523	77	central	central	JJ
32027	523	78	money	money	NN
32027	523	79	reservoirs	reservoir	NNS
32027	523	80	administered	administer	VBN
32027	523	81	by	by	IN
32027	523	82	national	national	JJ
32027	523	83	banks	bank	NNS
32027	523	84	in	in	IN
32027	523	85	the	the	DT
32027	523	86	central	central	NNP
32027	523	87	reserve	reserve	NNP
32027	523	88	cities	city	NNS
32027	523	89	.	.	.
32027	524	1	National	national	JJ
32027	524	2	banks	bank	NNS
32027	524	3	in	in	IN
32027	524	4	the	the	DT
32027	524	5	reserve	reserve	NN
32027	524	6	and	and	CC
32027	524	7	central	central	NNP
32027	524	8	reserve	reserve	NNP
32027	524	9	cities	city	NNS
32027	524	10	are	be	VBP
32027	524	11	also	also	RB
32027	524	12	clearing	clear	VBG
32027	524	13	centers	center	NNS
32027	524	14	for	for	IN
32027	524	15	the	the	DT
32027	524	16	enormous	enormous	JJ
32027	524	17	volume	volume	NN
32027	524	18	of	of	IN
32027	524	19	checks	check	NNS
32027	524	20	and	and	CC
32027	524	21	drafts	draft	NNS
32027	524	22	which	which	WDT
32027	524	23	the	the	DT
32027	524	24	administration	administration	NN
32027	524	25	of	of	IN
32027	524	26	the	the	DT
32027	524	27	checking	check	VBG
32027	524	28	accounts	account	NNS
32027	524	29	of	of	IN
32027	524	30	the	the	DT
32027	524	31	banks	bank	NNS
32027	524	32	and	and	CC
32027	524	33	trust	trust	NN
32027	524	34	companies	company	NNS
32027	524	35	of	of	IN
32027	524	36	the	the	DT
32027	524	37	country	country	NN
32027	524	38	bring	bring	VBP
32027	524	39	into	into	IN
32027	524	40	existence	existence	NN
32027	524	41	.	.	.
32027	525	1	They	-PRON-	PRP
32027	525	2	act	act	VBP
32027	525	3	as	as	IN
32027	525	4	correspondents	correspondent	NNS
32027	525	5	as	as	RB
32027	525	6	well	well	RB
32027	525	7	as	as	IN
32027	525	8	reserve	reserve	NN
32027	525	9	agents	agent	NNS
32027	525	10	for	for	IN
32027	525	11	these	these	DT
32027	525	12	other	other	JJ
32027	525	13	banks	bank	NNS
32027	525	14	and	and	CC
32027	525	15	trust	trust	NN
32027	525	16	companies	company	NNS
32027	525	17	,	,	,
32027	525	18	and	and	CC
32027	525	19	in	in	IN
32027	525	20	this	this	DT
32027	525	21	capacity	capacity	NN
32027	525	22	collect	collect	VBP
32027	525	23	out	out	RP
32027	525	24	-	-	HYPH
32027	525	25	of	of	IN
32027	525	26	-	-	HYPH
32027	525	27	town	town	NN
32027	525	28	checks	check	NNS
32027	525	29	and	and	CC
32027	525	30	drafts	draft	NNS
32027	525	31	and	and	CC
32027	525	32	conduct	conduct	NN
32027	525	33	checking	checking	NN
32027	525	34	accounts	account	NNS
32027	525	35	for	for	IN
32027	525	36	them	-PRON-	PRP
32027	525	37	.	.	.
32027	526	1	Within	within	IN
32027	526	2	these	these	DT
32027	526	3	cities	city	NNS
32027	526	4	,	,	,
32027	526	5	as	as	RB
32027	526	6	well	well	RB
32027	526	7	as	as	IN
32027	526	8	in	in	IN
32027	526	9	hundreds	hundred	NNS
32027	526	10	of	of	IN
32027	526	11	others	other	NNS
32027	526	12	,	,	,
32027	526	13	clearing	clear	VBG
32027	526	14	house	house	NN
32027	526	15	associations	association	NNS
32027	526	16	conduct	conduct	VBP
32027	526	17	the	the	DT
32027	526	18	local	local	JJ
32027	526	19	clearings	clearing	NNS
32027	526	20	and	and	CC
32027	526	21	also	also	RB
32027	526	22	act	act	VB
32027	526	23	as	as	IN
32027	526	24	agencies	agency	NNS
32027	526	25	through	through	IN
32027	526	26	which	which	WDT
32027	526	27	national	national	JJ
32027	526	28	and	and	CC
32027	526	29	state	state	NN
32027	526	30	banks	bank	NNS
32027	526	31	and	and	CC
32027	526	32	trust	trust	NN
32027	526	33	companies	company	NNS
32027	526	34	cooperate	cooperate	VBP
32027	526	35	in	in	IN
32027	526	36	the	the	DT
32027	526	37	promotion	promotion	NN
32027	526	38	of	of	IN
32027	526	39	common	common	JJ
32027	526	40	interests	interest	NNS
32027	526	41	.	.	.
32027	527	1	The	the	DT
32027	527	2	center	center	NN
32027	527	3	of	of	IN
32027	527	4	the	the	DT
32027	527	5	entire	entire	JJ
32027	527	6	system	system	NN
32027	527	7	is	be	VBZ
32027	527	8	in	in	IN
32027	527	9	New	New	NNP
32027	527	10	York	York	NNP
32027	527	11	City	City	NNP
32027	527	12	.	.	.
32027	528	1	The	the	DT
32027	528	2	clearing	clearing	NN
32027	528	3	house	house	NNP
32027	528	4	association	association	NNP
32027	528	5	of	of	IN
32027	528	6	that	that	DT
32027	528	7	city	city	NN
32027	528	8	,	,	,
32027	528	9	consisting	consist	VBG
32027	528	10	of	of	IN
32027	528	11	over	over	IN
32027	528	12	fifty	fifty	CD
32027	528	13	national	national	JJ
32027	528	14	and	and	CC
32027	528	15	state	state	NN
32027	528	16	banks	bank	NNS
32027	528	17	and	and	CC
32027	528	18	trust	trust	NN
32027	528	19	companies	company	NNS
32027	528	20	,	,	,
32027	528	21	includes	include	VBZ
32027	528	22	the	the	DT
32027	528	23	banks	bank	NNS
32027	528	24	the	the	DT
32027	528	25	vaults	vault	NNS
32027	528	26	of	of	IN
32027	528	27	which	which	WDT
32027	528	28	constitute	constitute	VBP
32027	528	29	the	the	DT
32027	528	30	central	central	JJ
32027	528	31	money	money	NN
32027	528	32	reservoir	reservoir	NN
32027	528	33	of	of	IN
32027	528	34	the	the	DT
32027	528	35	country	country	NN
32027	528	36	and	and	CC
32027	528	37	which	which	WDT
32027	528	38	constitute	constitute	VBP
32027	528	39	the	the	DT
32027	528	40	center	center	NN
32027	528	41	of	of	IN
32027	528	42	the	the	DT
32027	528	43	country	country	NN
32027	528	44	's	's	POS
32027	528	45	clearing	clearing	NN
32027	528	46	system	system	NN
32027	528	47	.	.	.
32027	529	1	Through	through	IN
32027	529	2	the	the	DT
32027	529	3	New	New	NNP
32027	529	4	York	York	NNP
32027	529	5	subtreasury	subtreasury	NN
32027	529	6	pass	pass	VB
32027	529	7	the	the	DT
32027	529	8	greater	great	JJR
32027	529	9	part	part	NN
32027	529	10	of	of	IN
32027	529	11	the	the	DT
32027	529	12	receipts	receipt	NNS
32027	529	13	and	and	CC
32027	529	14	disbursements	disbursement	NNS
32027	529	15	of	of	IN
32027	529	16	the	the	DT
32027	529	17	government	government	NN
32027	529	18	,	,	,
32027	529	19	and	and	CC
32027	529	20	the	the	DT
32027	529	21	chief	chief	JJ
32027	529	22	assay	assay	NNP
32027	529	23	office	office	NN
32027	529	24	in	in	IN
32027	529	25	the	the	DT
32027	529	26	country	country	NN
32027	529	27	is	be	VBZ
32027	529	28	located	locate	VBN
32027	529	29	there	there	RB
32027	529	30	.	.	.
32027	530	1	The	the	DT
32027	530	2	New	New	NNP
32027	530	3	York	York	NNP
32027	530	4	stock	stock	NN
32027	530	5	exchange	exchange	NN
32027	530	6	is	be	VBZ
32027	530	7	our	-PRON-	PRP$
32027	530	8	only	only	JJ
32027	530	9	stock	stock	NN
32027	530	10	and	and	CC
32027	530	11	bond	bond	NN
32027	530	12	market	market	NN
32027	530	13	of	of	IN
32027	530	14	national	national	JJ
32027	530	15	scope	scope	NN
32027	530	16	,	,	,
32027	530	17	and	and	CC
32027	530	18	consequently	consequently	RB
32027	530	19	the	the	DT
32027	530	20	investment	investment	NN
32027	530	21	center	center	NN
32027	530	22	of	of	IN
32027	530	23	the	the	DT
32027	530	24	country	country	NN
32027	530	25	.	.	.
32027	531	1	The	the	DT
32027	531	2	Associated	Associated	NNP
32027	531	3	Banks	Banks	NNPS
32027	531	4	of	of	IN
32027	531	5	New	New	NNP
32027	531	6	York	York	NNP
32027	531	7	City	City	NNP
32027	531	8	,	,	,
32027	531	9	as	as	IN
32027	531	10	the	the	DT
32027	531	11	members	member	NNS
32027	531	12	of	of	IN
32027	531	13	the	the	DT
32027	531	14	clearing	clearing	NNP
32027	531	15	house	house	NNP
32027	531	16	association	association	NNP
32027	531	17	are	be	VBP
32027	531	18	called	call	VBN
32027	531	19	,	,	,
32027	531	20	hold	hold	VB
32027	531	21	the	the	DT
32027	531	22	greater	great	JJR
32027	531	23	part	part	NN
32027	531	24	of	of	IN
32027	531	25	the	the	DT
32027	531	26	reserves	reserve	NNS
32027	531	27	of	of	IN
32027	531	28	the	the	DT
32027	531	29	banks	bank	NNS
32027	531	30	and	and	CC
32027	531	31	trust	trust	NN
32027	531	32	companies	company	NNS
32027	531	33	not	not	RB
32027	531	34	required	require	VBN
32027	531	35	by	by	IN
32027	531	36	law	law	NN
32027	531	37	to	to	TO
32027	531	38	be	be	VB
32027	531	39	kept	keep	VBN
32027	531	40	in	in	IN
32027	531	41	the	the	DT
32027	531	42	local	local	JJ
32027	531	43	vaults	vault	NNS
32027	531	44	,	,	,
32027	531	45	as	as	RB
32027	531	46	well	well	RB
32027	531	47	as	as	IN
32027	531	48	the	the	DT
32027	531	49	greater	great	JJR
32027	531	50	part	part	NN
32027	531	51	of	of	IN
32027	531	52	the	the	DT
32027	531	53	surplus	surplus	NN
32027	531	54	investment	investment	NN
32027	531	55	funds	fund	NNS
32027	531	56	of	of	IN
32027	531	57	the	the	DT
32027	531	58	entire	entire	JJ
32027	531	59	country	country	NN
32027	531	60	.	.	.
32027	532	1	It	-PRON-	PRP
32027	532	2	is	be	VBZ
32027	532	3	through	through	IN
32027	532	4	the	the	DT
32027	532	5	operation	operation	NN
32027	532	6	of	of	IN
32027	532	7	the	the	DT
32027	532	8	New	New	NNP
32027	532	9	York	York	NNP
32027	532	10	subtreasury	subtreasury	NN
32027	532	11	on	on	IN
32027	532	12	the	the	DT
32027	532	13	reserves	reserve	NNS
32027	532	14	of	of	IN
32027	532	15	the	the	DT
32027	532	16	Associated	Associated	NNP
32027	532	17	Banks	Banks	NNPS
32027	532	18	that	that	IN
32027	532	19	the	the	DT
32027	532	20	chief	chief	JJ
32027	532	21	influence	influence	NN
32027	532	22	of	of	IN
32027	532	23	the	the	DT
32027	532	24	independent	independent	JJ
32027	532	25	treasury	treasury	NN
32027	532	26	system	system	NN
32027	532	27	on	on	IN
32027	532	28	the	the	DT
32027	532	29	banking	banking	NN
32027	532	30	business	business	NN
32027	532	31	of	of	IN
32027	532	32	the	the	DT
32027	532	33	country	country	NN
32027	532	34	is	be	VBZ
32027	532	35	exerted	exert	VBN
32027	532	36	,	,	,
32027	532	37	the	the	DT
32027	532	38	greater	great	JJR
32027	532	39	part	part	NN
32027	532	40	of	of	IN
32027	532	41	the	the	DT
32027	532	42	government	government	NN
32027	532	43	's	's	POS
32027	532	44	receipts	receipt	NNS
32027	532	45	coming	come	VBG
32027	532	46	directly	directly	RB
32027	532	47	out	out	IN
32027	532	48	of	of	IN
32027	532	49	those	those	DT
32027	532	50	reserves	reserve	NNS
32027	532	51	,	,	,
32027	532	52	and	and	CC
32027	532	53	a	a	DT
32027	532	54	large	large	JJ
32027	532	55	part	part	NN
32027	532	56	of	of	IN
32027	532	57	the	the	DT
32027	532	58	expenditures	expenditure	NNS
32027	532	59	going	go	VBG
32027	532	60	into	into	IN
32027	532	61	them	-PRON-	PRP
32027	532	62	,	,	,
32027	532	63	and	and	CC
32027	532	64	the	the	DT
32027	532	65	greater	great	JJR
32027	532	66	part	part	NN
32027	532	67	of	of	IN
32027	532	68	the	the	DT
32027	532	69	money	money	NN
32027	532	70	deposited	deposit	VBN
32027	532	71	in	in	IN
32027	532	72	national	national	JJ
32027	532	73	banks	bank	NNS
32027	532	74	by	by	IN
32027	532	75	the	the	DT
32027	532	76	Secretary	Secretary	NNP
32027	532	77	of	of	IN
32027	532	78	the	the	DT
32027	532	79	Treasury	Treasury	NNP
32027	532	80	going	go	VBG
32027	532	81	directly	directly	RB
32027	532	82	or	or	CC
32027	532	83	indirectly	indirectly	RB
32027	532	84	into	into	IN
32027	532	85	New	New	NNP
32027	532	86	York	York	NNP
32027	532	87	institutions	institution	NNS
32027	532	88	.	.	.
32027	533	1	Most	Most	JJS
32027	533	2	of	of	IN
32027	533	3	the	the	DT
32027	533	4	exports	export	NNS
32027	533	5	and	and	CC
32027	533	6	imports	import	NNS
32027	533	7	of	of	IN
32027	533	8	coin	coin	NN
32027	533	9	and	and	CC
32027	533	10	bullion	bullion	NN
32027	533	11	pass	pass	VB
32027	533	12	through	through	IN
32027	533	13	New	New	NNP
32027	533	14	York	York	NNP
32027	533	15	,	,	,
32027	533	16	and	and	CC
32027	533	17	the	the	DT
32027	533	18	major	major	JJ
32027	533	19	portion	portion	NN
32027	533	20	of	of	IN
32027	533	21	the	the	DT
32027	533	22	foreign	foreign	JJ
32027	533	23	exchanges	exchange	NNS
32027	533	24	of	of	IN
32027	533	25	the	the	DT
32027	533	26	entire	entire	JJ
32027	533	27	country	country	NN
32027	533	28	are	be	VBP
32027	533	29	there	there	RB
32027	533	30	effected	effect	VBN
32027	533	31	.	.	.
32027	534	1	The	the	DT
32027	534	2	New	New	NNP
32027	534	3	York	York	NNP
32027	534	4	Assay	Assay	NNP
32027	534	5	Office	Office	NNP
32027	534	6	receives	receive	VBZ
32027	534	7	and	and	CC
32027	534	8	distributes	distribute	VBZ
32027	534	9	the	the	DT
32027	534	10	greater	great	JJR
32027	534	11	part	part	NN
32027	534	12	of	of	IN
32027	534	13	the	the	DT
32027	534	14	new	new	JJ
32027	534	15	supplies	supply	NNS
32027	534	16	of	of	IN
32027	534	17	gold	gold	NN
32027	534	18	and	and	CC
32027	534	19	silver	silver	NN
32027	534	20	bullion	bullion	NN
32027	534	21	which	which	WDT
32027	534	22	come	come	VBP
32027	534	23	from	from	IN
32027	534	24	our	-PRON-	PRP$
32027	534	25	mines	mine	NNS
32027	534	26	and	and	CC
32027	534	27	transforms	transform	NNS
32027	534	28	into	into	IN
32027	534	29	bullion	bullion	NN
32027	534	30	the	the	DT
32027	534	31	major	major	JJ
32027	534	32	part	part	NN
32027	534	33	of	of	IN
32027	534	34	these	these	DT
32027	534	35	metals	metal	NNS
32027	534	36	that	that	WDT
32027	534	37	come	come	VBP
32027	534	38	to	to	IN
32027	534	39	us	-PRON-	PRP
32027	534	40	from	from	IN
32027	534	41	abroad	abroad	RB
32027	534	42	and	and	CC
32027	534	43	do	do	VBP
32027	534	44	not	not	RB
32027	534	45	find	find	VB
32027	534	46	employment	employment	NN
32027	534	47	as	as	IN
32027	534	48	foreign	foreign	JJ
32027	534	49	coin	coin	NN
32027	534	50	.	.	.
32027	535	1	The	the	DT
32027	535	2	New	New	NNP
32027	535	3	York	York	NNP
32027	535	4	Stock	Stock	NNP
32027	535	5	Exchange	Exchange	NNP
32027	535	6	is	be	VBZ
32027	535	7	the	the	DT
32027	535	8	medium	medium	NN
32027	535	9	through	through	IN
32027	535	10	which	which	WDT
32027	535	11	a	a	DT
32027	535	12	large	large	JJ
32027	535	13	part	part	NN
32027	535	14	of	of	IN
32027	535	15	the	the	DT
32027	535	16	surplus	surplus	JJ
32027	535	17	savings	saving	NNS
32027	535	18	of	of	IN
32027	535	19	the	the	DT
32027	535	20	country	country	NN
32027	535	21	are	be	VBP
32027	535	22	invested	invest	VBN
32027	535	23	in	in	IN
32027	535	24	our	-PRON-	PRP$
32027	535	25	industries	industry	NNS
32027	535	26	or	or	CC
32027	535	27	loaned	loan	VBN
32027	535	28	for	for	IN
32027	535	29	the	the	DT
32027	535	30	use	use	NN
32027	535	31	of	of	IN
32027	535	32	our	-PRON-	PRP$
32027	535	33	national	national	JJ
32027	535	34	,	,	,
32027	535	35	state	state	NN
32027	535	36	,	,	,
32027	535	37	municipal	municipal	JJ
32027	535	38	,	,	,
32027	535	39	and	and	CC
32027	535	40	other	other	JJ
32027	535	41	local	local	JJ
32027	535	42	governmental	governmental	JJ
32027	535	43	agencies	agency	NNS
32027	535	44	.	.	.
32027	536	1	_	_	NNP
32027	536	2	5	5	CD
32027	536	3	.	.	.
32027	537	1	Operation	operation	NN
32027	537	2	of	of	IN
32027	537	3	the	the	DT
32027	537	4	System	System	NNP
32027	537	5	_	_	NNP
32027	537	6	The	the	DT
32027	537	7	most	most	RBS
32027	537	8	noteworthy	noteworthy	JJ
32027	537	9	features	feature	NNS
32027	537	10	of	of	IN
32027	537	11	the	the	DT
32027	537	12	working	working	NN
32027	537	13	of	of	IN
32027	537	14	this	this	DT
32027	537	15	machinery	machinery	NN
32027	537	16	may	may	MD
32027	537	17	be	be	VB
32027	537	18	discussed	discuss	VBN
32027	537	19	under	under	IN
32027	537	20	the	the	DT
32027	537	21	heads	head	NNS
32027	537	22	:	:	:
32027	537	23	conflict	conflict	NN
32027	537	24	of	of	IN
32027	537	25	functions	function	NNS
32027	537	26	and	and	CC
32027	537	27	laws	law	NNS
32027	537	28	;	;	:
32027	537	29	loan	loan	NN
32027	537	30	operations	operation	NNS
32027	537	31	;	;	:
32027	537	32	treasury	treasury	NNP
32027	537	33	operations	operation	NNS
32027	537	34	;	;	:
32027	537	35	reserve	reserve	NN
32027	537	36	system	system	NN
32027	537	37	;	;	:
32027	537	38	absence	absence	NN
32027	537	39	of	of	IN
32027	537	40	elasticity	elasticity	NN
32027	537	41	in	in	IN
32027	537	42	the	the	DT
32027	537	43	currency	currency	NN
32027	537	44	.	.	.
32027	538	1	(	(	-LRB-
32027	538	2	_	_	NNP
32027	538	3	a	a	DT
32027	538	4	_	_	NNP
32027	538	5	)	)	-RRB-
32027	538	6	_	_	NNP
32027	538	7	Conflict	Conflict	NNP
32027	538	8	of	of	IN
32027	538	9	Functions	Functions	NNPS
32027	538	10	and	and	CC
32027	538	11	Laws._--The	Laws._--The	NNP
32027	538	12	two	two	CD
32027	538	13	classes	class	NNS
32027	538	14	of	of	IN
32027	538	15	banking	banking	NN
32027	538	16	institutions	institution	NNS
32027	538	17	which	which	WDT
32027	538	18	have	have	VBP
32027	538	19	been	be	VBN
32027	538	20	described	describe	VBN
32027	538	21	(	(	-LRB-
32027	538	22	state	state	NN
32027	538	23	banks	bank	NNS
32027	538	24	and	and	CC
32027	538	25	national	national	JJ
32027	538	26	banks	bank	NNS
32027	538	27	)	)	-RRB-
32027	538	28	and	and	CC
32027	538	29	trust	trust	NN
32027	538	30	companies	company	NNS
32027	538	31	,	,	,
32027	538	32	described	describe	VBN
32027	538	33	in	in	IN
32027	538	34	a	a	DT
32027	538	35	subsequent	subsequent	JJ
32027	538	36	chapter	chapter	NN
32027	538	37	,	,	,
32027	538	38	exist	exist	VBP
32027	538	39	side	side	NN
32027	538	40	by	by	IN
32027	538	41	side	side	NN
32027	538	42	in	in	IN
32027	538	43	many	many	JJ
32027	538	44	communities	community	NNS
32027	538	45	,	,	,
32027	538	46	and	and	CC
32027	538	47	in	in	IN
32027	538	48	the	the	DT
32027	538	49	performance	performance	NN
32027	538	50	of	of	IN
32027	538	51	certain	certain	JJ
32027	538	52	services	service	NNS
32027	538	53	compete	compete	VBP
32027	538	54	for	for	IN
32027	538	55	the	the	DT
32027	538	56	patronage	patronage	NN
32027	538	57	of	of	IN
32027	538	58	the	the	DT
32027	538	59	public	public	NN
32027	538	60	.	.	.
32027	539	1	As	as	IN
32027	539	2	has	have	VBZ
32027	539	3	already	already	RB
32027	539	4	been	be	VBN
32027	539	5	pointed	point	VBN
32027	539	6	out	out	RP
32027	539	7	,	,	,
32027	539	8	state	state	NN
32027	539	9	and	and	CC
32027	539	10	national	national	JJ
32027	539	11	banks	bank	NNS
32027	539	12	differ	differ	VBP
32027	539	13	little	little	JJ
32027	539	14	in	in	IN
32027	539	15	their	-PRON-	PRP$
32027	539	16	functions	function	NNS
32027	539	17	except	except	IN
32027	539	18	in	in	IN
32027	539	19	their	-PRON-	PRP$
32027	539	20	relation	relation	NN
32027	539	21	to	to	IN
32027	539	22	real	real	JJ
32027	539	23	estate	estate	NN
32027	539	24	loans	loan	NNS
32027	539	25	,	,	,
32027	539	26	and	and	CC
32027	539	27	in	in	IN
32027	539	28	some	some	DT
32027	539	29	states	state	NNS
32027	539	30	trust	trust	NN
32027	539	31	companies	company	NNS
32027	539	32	perform	perform	VBP
32027	539	33	all	all	PDT
32027	539	34	the	the	DT
32027	539	35	functions	function	NNS
32027	539	36	of	of	IN
32027	539	37	these	these	DT
32027	539	38	institutions	institution	NNS
32027	539	39	and	and	CC
32027	539	40	many	many	JJ
32027	539	41	others	other	NNS
32027	539	42	besides	besides	RB
32027	539	43	.	.	.
32027	540	1	In	in	IN
32027	540	2	the	the	DT
32027	540	3	performance	performance	NN
32027	540	4	of	of	IN
32027	540	5	these	these	DT
32027	540	6	common	common	JJ
32027	540	7	services	service	NNS
32027	540	8	,	,	,
32027	540	9	however	however	RB
32027	540	10	,	,	,
32027	540	11	they	-PRON-	PRP
32027	540	12	are	be	VBP
32027	540	13	rarely	rarely	RB
32027	540	14	regulated	regulate	VBN
32027	540	15	by	by	IN
32027	540	16	the	the	DT
32027	540	17	same	same	JJ
32027	540	18	laws	law	NNS
32027	540	19	or	or	CC
32027	540	20	subjected	subject	VBN
32027	540	21	to	to	IN
32027	540	22	the	the	DT
32027	540	23	same	same	JJ
32027	540	24	kind	kind	NN
32027	540	25	or	or	CC
32027	540	26	degree	degree	NN
32027	540	27	of	of	IN
32027	540	28	public	public	JJ
32027	540	29	supervision	supervision	NN
32027	540	30	.	.	.
32027	541	1	The	the	DT
32027	541	2	competition	competition	NN
32027	541	3	between	between	IN
32027	541	4	them	-PRON-	PRP
32027	541	5	,	,	,
32027	541	6	therefore	therefore	RB
32027	541	7	,	,	,
32027	541	8	is	be	VBZ
32027	541	9	not	not	RB
32027	541	10	always	always	RB
32027	541	11	on	on	IN
32027	541	12	a	a	DT
32027	541	13	fair	fair	JJ
32027	541	14	basis	basis	NN
32027	541	15	and	and	CC
32027	541	16	the	the	DT
32027	541	17	temptation	temptation	NN
32027	541	18	to	to	TO
32027	541	19	violate	violate	VB
32027	541	20	restraining	restrain	VBG
32027	541	21	laws	law	NNS
32027	541	22	and	and	CC
32027	541	23	administrative	administrative	JJ
32027	541	24	regulations	regulation	NNS
32027	541	25	is	be	VBZ
32027	541	26	strong	strong	JJ
32027	541	27	.	.	.
32027	542	1	The	the	DT
32027	542	2	supervising	supervise	VBG
32027	542	3	officers	officer	NNS
32027	542	4	recognize	recognize	VBP
32027	542	5	the	the	DT
32027	542	6	situation	situation	NN
32027	542	7	as	as	IN
32027	542	8	a	a	DT
32027	542	9	rule	rule	NN
32027	542	10	and	and	CC
32027	542	11	go	go	VB
32027	542	12	to	to	IN
32027	542	13	the	the	DT
32027	542	14	extreme	extreme	JJ
32027	542	15	limit	limit	NN
32027	542	16	of	of	IN
32027	542	17	leniency	leniency	NN
32027	542	18	in	in	IN
32027	542	19	administering	administer	VBG
32027	542	20	laws	law	NNS
32027	542	21	and	and	CC
32027	542	22	regulations	regulation	NNS
32027	542	23	which	which	WDT
32027	542	24	operate	operate	VBP
32027	542	25	to	to	IN
32027	542	26	the	the	DT
32027	542	27	manifest	manif	JJS
32027	542	28	disadvantage	disadvantage	NN
32027	542	29	of	of	IN
32027	542	30	the	the	DT
32027	542	31	institutions	institution	NNS
32027	542	32	over	over	IN
32027	542	33	which	which	WDT
32027	542	34	they	-PRON-	PRP
32027	542	35	have	have	VBP
32027	542	36	jurisdiction	jurisdiction	NN
32027	542	37	,	,	,
32027	542	38	but	but	CC
32027	542	39	even	even	RB
32027	542	40	then	then	RB
32027	542	41	it	-PRON-	PRP
32027	542	42	is	be	VBZ
32027	542	43	often	often	RB
32027	542	44	impossible	impossible	JJ
32027	542	45	to	to	TO
32027	542	46	render	render	VB
32027	542	47	the	the	DT
32027	542	48	basis	basis	NN
32027	542	49	of	of	IN
32027	542	50	competition	competition	NN
32027	542	51	fair	fair	JJ
32027	542	52	and	and	CC
32027	542	53	equitable	equitable	JJ
32027	542	54	.	.	.
32027	543	1	This	this	DT
32027	543	2	condition	condition	NN
32027	543	3	of	of	IN
32027	543	4	affairs	affair	NNS
32027	543	5	has	have	VBZ
32027	543	6	resulted	result	VBN
32027	543	7	in	in	IN
32027	543	8	the	the	DT
32027	543	9	devising	devising	NN
32027	543	10	of	of	IN
32027	543	11	ways	way	NNS
32027	543	12	and	and	CC
32027	543	13	means	mean	NNS
32027	543	14	of	of	IN
32027	543	15	circumventing	circumvent	VBG
32027	543	16	obnoxious	obnoxious	JJ
32027	543	17	laws	law	NNS
32027	543	18	and	and	CC
32027	543	19	in	in	IN
32027	543	20	some	some	DT
32027	543	21	cases	case	NNS
32027	543	22	in	in	IN
32027	543	23	practices	practice	NNS
32027	543	24	which	which	WDT
32027	543	25	are	be	VBP
32027	543	26	pernicious	pernicious	JJ
32027	543	27	in	in	IN
32027	543	28	themselves	-PRON-	PRP
32027	543	29	.	.	.
32027	544	1	As	as	IN
32027	544	2	examples	example	NNS
32027	544	3	may	may	MD
32027	544	4	be	be	VB
32027	544	5	mentioned	mention	VBN
32027	544	6	the	the	DT
32027	544	7	widespread	widespread	JJ
32027	544	8	practice	practice	NN
32027	544	9	of	of	IN
32027	544	10	national	national	JJ
32027	544	11	banks	bank	NNS
32027	544	12	,	,	,
32027	544	13	which	which	WDT
32027	544	14	are	be	VBP
32027	544	15	prohibited	prohibit	VBN
32027	544	16	by	by	IN
32027	544	17	law	law	NN
32027	544	18	from	from	IN
32027	544	19	making	make	VBG
32027	544	20	loans	loan	NNS
32027	544	21	on	on	IN
32027	544	22	real	real	JJ
32027	544	23	estate	estate	NN
32027	544	24	security	security	NN
32027	544	25	,	,	,
32027	544	26	of	of	IN
32027	544	27	making	make	VBG
32027	544	28	loans	loan	NNS
32027	544	29	to	to	IN
32027	544	30	customers	customer	NNS
32027	544	31	who	who	WP
32027	544	32	can	can	MD
32027	544	33	offer	offer	VB
32027	544	34	no	no	DT
32027	544	35	other	other	JJ
32027	544	36	collateral	collateral	NN
32027	544	37	,	,	,
32027	544	38	on	on	IN
32027	544	39	the	the	DT
32027	544	40	security	security	NN
32027	544	41	of	of	IN
32027	544	42	their	-PRON-	PRP$
32027	544	43	personal	personal	JJ
32027	544	44	notes	note	NNS
32027	544	45	only	only	RB
32027	544	46	,	,	,
32027	544	47	or	or	CC
32027	544	48	of	of	IN
32027	544	49	making	make	VBG
32027	544	50	loans	loan	NNS
32027	544	51	secured	secure	VBN
32027	544	52	by	by	IN
32027	544	53	real	real	JJ
32027	544	54	estate	estate	NN
32027	544	55	by	by	IN
32027	544	56	a	a	DT
32027	544	57	three	three	CD
32027	544	58	cornered	cornered	JJ
32027	544	59	operation	operation	NN
32027	544	60	utilizing	utilize	VBG
32027	544	61	a	a	DT
32027	544	62	director	director	NN
32027	544	63	or	or	CC
32027	544	64	officer	officer	NN
32027	544	65	or	or	CC
32027	544	66	some	some	DT
32027	544	67	other	other	JJ
32027	544	68	third	third	JJ
32027	544	69	party	party	NN
32027	544	70	as	as	IN
32027	544	71	intermediary	intermediary	NN
32027	544	72	.	.	.
32027	545	1	All	all	DT
32027	545	2	three	three	CD
32027	545	3	classes	class	NNS
32027	545	4	of	of	IN
32027	545	5	institutions	institution	NNS
32027	545	6	compete	compete	VBP
32027	545	7	in	in	IN
32027	545	8	soliciting	solicit	VBG
32027	545	9	the	the	DT
32027	545	10	savings	saving	NNS
32027	545	11	deposits	deposit	NNS
32027	545	12	of	of	IN
32027	545	13	the	the	DT
32027	545	14	community	community	NN
32027	545	15	,	,	,
32027	545	16	with	with	IN
32027	545	17	the	the	DT
32027	545	18	result	result	NN
32027	545	19	that	that	IN
32027	545	20	the	the	DT
32027	545	21	trust	trust	NN
32027	545	22	companies	company	NNS
32027	545	23	and	and	CC
32027	545	24	savings	saving	NNS
32027	545	25	banks	bank	NNS
32027	545	26	,	,	,
32027	545	27	which	which	WDT
32027	545	28	often	often	RB
32027	545	29	have	have	VBP
32027	545	30	the	the	DT
32027	545	31	advantage	advantage	NN
32027	545	32	here	here	RB
32027	545	33	,	,	,
32027	545	34	sometimes	sometimes	RB
32027	545	35	force	force	VB
32027	545	36	upon	upon	IN
32027	545	37	their	-PRON-	PRP$
32027	545	38	state	state	NN
32027	545	39	and	and	CC
32027	545	40	national	national	JJ
32027	545	41	bank	bank	NN
32027	545	42	competitors	competitor	NNS
32027	545	43	a	a	DT
32027	545	44	higher	high	JJR
32027	545	45	rate	rate	NN
32027	545	46	of	of	IN
32027	545	47	interest	interest	NN
32027	545	48	on	on	IN
32027	545	49	such	such	JJ
32027	545	50	deposits	deposit	NNS
32027	545	51	than	than	IN
32027	545	52	they	-PRON-	PRP
32027	545	53	ought	ought	MD
32027	545	54	to	to	TO
32027	545	55	pay	pay	VB
32027	545	56	.	.	.
32027	546	1	The	the	DT
32027	546	2	differing	differ	VBG
32027	546	3	regulations	regulation	NNS
32027	546	4	in	in	IN
32027	546	5	some	some	DT
32027	546	6	places	place	NNS
32027	546	7	in	in	IN
32027	546	8	force	force	NN
32027	546	9	regarding	regard	VBG
32027	546	10	the	the	DT
32027	546	11	amount	amount	NN
32027	546	12	that	that	WDT
32027	546	13	may	may	MD
32027	546	14	be	be	VB
32027	546	15	loaned	loan	VBN
32027	546	16	to	to	IN
32027	546	17	a	a	DT
32027	546	18	single	single	JJ
32027	546	19	individual	individual	NN
32027	546	20	or	or	CC
32027	546	21	firm	firm	NN
32027	546	22	has	have	VBZ
32027	546	23	also	also	RB
32027	546	24	resulted	result	VBN
32027	546	25	in	in	IN
32027	546	26	some	some	DT
32027	546	27	cases	case	NNS
32027	546	28	in	in	IN
32027	546	29	devious	devious	JJ
32027	546	30	and	and	CC
32027	546	31	uncommendable	uncommendable	JJ
32027	546	32	practices	practice	NNS
32027	546	33	.	.	.
32027	547	1	For	for	IN
32027	547	2	the	the	DT
32027	547	3	remedy	remedy	NN
32027	547	4	of	of	IN
32027	547	5	these	these	DT
32027	547	6	conditions	condition	NNS
32027	547	7	the	the	DT
32027	547	8	first	first	JJ
32027	547	9	desideratum	desideratum	NN
32027	547	10	is	be	VBZ
32027	547	11	the	the	DT
32027	547	12	careful	careful	JJ
32027	547	13	differentiation	differentiation	NN
32027	547	14	of	of	IN
32027	547	15	the	the	DT
32027	547	16	various	various	JJ
32027	547	17	functions	function	NNS
32027	547	18	performed	perform	VBN
32027	547	19	by	by	IN
32027	547	20	all	all	PDT
32027	547	21	these	these	DT
32027	547	22	institutions	institution	NNS
32027	547	23	,	,	,
32027	547	24	and	and	CC
32027	547	25	the	the	DT
32027	547	26	devising	devising	NN
32027	547	27	of	of	IN
32027	547	28	appropriate	appropriate	JJ
32027	547	29	legal	legal	JJ
32027	547	30	and	and	CC
32027	547	31	administrative	administrative	JJ
32027	547	32	regulations	regulation	NNS
32027	547	33	for	for	IN
32027	547	34	each	each	DT
32027	547	35	one	one	NN
32027	547	36	.	.	.
32027	548	1	These	these	DT
32027	548	2	regulations	regulation	NNS
32027	548	3	should	should	MD
32027	548	4	then	then	RB
32027	548	5	be	be	VB
32027	548	6	incorporated	incorporate	VBN
32027	548	7	into	into	IN
32027	548	8	the	the	DT
32027	548	9	legislation	legislation	NN
32027	548	10	and	and	CC
32027	548	11	the	the	DT
32027	548	12	administrative	administrative	JJ
32027	548	13	practices	practice	NNS
32027	548	14	of	of	IN
32027	548	15	the	the	DT
32027	548	16	federal	federal	JJ
32027	548	17	government	government	NN
32027	548	18	and	and	CC
32027	548	19	of	of	IN
32027	548	20	each	each	DT
32027	548	21	state	state	NN
32027	548	22	,	,	,
32027	548	23	and	and	CC
32027	548	24	any	any	DT
32027	548	25	institution	institution	NN
32027	548	26	which	which	WDT
32027	548	27	performs	perform	VBZ
32027	548	28	any	any	DT
32027	548	29	of	of	IN
32027	548	30	these	these	DT
32027	548	31	functions	function	NNS
32027	548	32	should	should	MD
32027	548	33	be	be	VB
32027	548	34	obliged	oblige	VBN
32027	548	35	to	to	TO
32027	548	36	submit	submit	VB
32027	548	37	to	to	IN
32027	548	38	the	the	DT
32027	548	39	regulations	regulation	NNS
32027	548	40	pertaining	pertain	VBG
32027	548	41	thereto	thereto	NN
32027	548	42	.	.	.
32027	549	1	The	the	DT
32027	549	2	difficulties	difficulty	NNS
32027	549	3	in	in	IN
32027	549	4	the	the	DT
32027	549	5	way	way	NN
32027	549	6	of	of	IN
32027	549	7	securing	secure	VBG
32027	549	8	such	such	PDT
32027	549	9	a	a	DT
32027	549	10	differentiation	differentiation	NN
32027	549	11	of	of	IN
32027	549	12	functions	function	NNS
32027	549	13	and	and	CC
32027	549	14	such	such	JJ
32027	549	15	community	community	NN
32027	549	16	of	of	IN
32027	549	17	action	action	NN
32027	549	18	between	between	IN
32027	549	19	the	the	DT
32027	549	20	federal	federal	JJ
32027	549	21	government	government	NN
32027	549	22	and	and	CC
32027	549	23	our	-PRON-	PRP$
32027	549	24	states	state	NNS
32027	549	25	are	be	VBP
32027	549	26	too	too	RB
32027	549	27	obvious	obvious	JJ
32027	549	28	to	to	TO
32027	549	29	require	require	VB
32027	549	30	statement	statement	NN
32027	549	31	,	,	,
32027	549	32	but	but	CC
32027	549	33	they	-PRON-	PRP
32027	549	34	should	should	MD
32027	549	35	not	not	RB
32027	549	36	prevent	prevent	VB
32027	549	37	the	the	DT
32027	549	38	formulation	formulation	NN
32027	549	39	of	of	IN
32027	549	40	ideal	ideal	JJ
32027	549	41	conditions	condition	NNS
32027	549	42	,	,	,
32027	549	43	and	and	CC
32027	549	44	a	a	DT
32027	549	45	conscious	conscious	JJ
32027	549	46	and	and	CC
32027	549	47	persistent	persistent	JJ
32027	549	48	effort	effort	NN
32027	549	49	to	to	TO
32027	549	50	attain	attain	VB
32027	549	51	them	-PRON-	PRP
32027	549	52	.	.	.
32027	550	1	(	(	-LRB-
32027	550	2	_	_	NNP
32027	550	3	b	b	NNP
32027	550	4	_	_	NNP
32027	550	5	)	)	-RRB-
32027	550	6	_	_	NNP
32027	550	7	Loan	Loan	NNP
32027	550	8	Operations._--In	operations._--in	NN
32027	550	9	making	make	VBG
32027	550	10	loans	loan	NNS
32027	550	11	,	,	,
32027	550	12	a	a	DT
32027	550	13	typical	typical	JJ
32027	550	14	method	method	NN
32027	550	15	of	of	IN
32027	550	16	procedure	procedure	NN
32027	550	17	for	for	IN
32027	550	18	a	a	DT
32027	550	19	business	business	NN
32027	550	20	man	man	NN
32027	550	21	is	be	VBZ
32027	550	22	to	to	TO
32027	550	23	arrange	arrange	VB
32027	550	24	with	with	IN
32027	550	25	a	a	DT
32027	550	26	bank	bank	NN
32027	550	27	for	for	IN
32027	550	28	what	what	WP
32027	550	29	is	be	VBZ
32027	550	30	technically	technically	RB
32027	550	31	called	call	VBN
32027	550	32	a	a	DT
32027	550	33	"	"	``
32027	550	34	line	line	NN
32027	550	35	,	,	,
32027	550	36	"	"	''
32027	550	37	that	that	RB
32027	550	38	is	is	RB
32027	550	39	,	,	,
32027	550	40	the	the	DT
32027	550	41	maximum	maximum	JJ
32027	550	42	amount	amount	NN
32027	550	43	he	-PRON-	PRP
32027	550	44	may	may	MD
32027	550	45	expect	expect	VB
32027	550	46	to	to	TO
32027	550	47	be	be	VB
32027	550	48	able	able	JJ
32027	550	49	to	to	TO
32027	550	50	borrow	borrow	VB
32027	550	51	under	under	IN
32027	550	52	normal	normal	JJ
32027	550	53	conditions	condition	NNS
32027	550	54	.	.	.
32027	551	1	This	this	DT
32027	551	2	"	"	``
32027	551	3	line	line	NN
32027	551	4	"	"	''
32027	551	5	determined	determine	VBN
32027	551	6	,	,	,
32027	551	7	he	-PRON-	PRP
32027	551	8	borrows	borrow	VBZ
32027	551	9	from	from	IN
32027	551	10	time	time	NN
32027	551	11	to	to	IN
32027	551	12	time	time	NN
32027	551	13	according	accord	VBG
32027	551	14	to	to	IN
32027	551	15	his	-PRON-	PRP$
32027	551	16	needs	need	NNS
32027	551	17	,	,	,
32027	551	18	giving	give	VBG
32027	551	19	as	as	IN
32027	551	20	security	security	NN
32027	551	21	his	-PRON-	PRP$
32027	551	22	personal	personal	JJ
32027	551	23	note	note	NN
32027	551	24	,	,	,
32027	551	25	payable	payable	JJ
32027	551	26	in	in	IN
32027	551	27	one	one	CD
32027	551	28	,	,	,
32027	551	29	two	two	CD
32027	551	30	,	,	,
32027	551	31	three	three	CD
32027	551	32	,	,	,
32027	551	33	four	four	CD
32027	551	34	,	,	,
32027	551	35	or	or	CC
32027	551	36	six	six	CD
32027	551	37	months	month	NNS
32027	551	38	.	.	.
32027	552	1	Sometimes	sometimes	RB
32027	552	2	an	an	DT
32027	552	3	indorser	indorser	NN
32027	552	4	is	be	VBZ
32027	552	5	required	require	VBN
32027	552	6	,	,	,
32027	552	7	and	and	CC
32027	552	8	sometimes	sometimes	RB
32027	552	9	the	the	DT
32027	552	10	deposit	deposit	NN
32027	552	11	of	of	IN
32027	552	12	collateral	collateral	NN
32027	552	13	,	,	,
32027	552	14	mortgages	mortgage	NNS
32027	552	15	on	on	IN
32027	552	16	real	real	JJ
32027	552	17	estate	estate	NN
32027	552	18	,	,	,
32027	552	19	bonds	bond	NNS
32027	552	20	,	,	,
32027	552	21	stocks	stock	NNS
32027	552	22	,	,	,
32027	552	23	and	and	CC
32027	552	24	warehouse	warehouse	NN
32027	552	25	receipts	receipt	NNS
32027	552	26	being	be	VBG
32027	552	27	the	the	DT
32027	552	28	most	most	RBS
32027	552	29	commonly	commonly	RB
32027	552	30	used	use	VBN
32027	552	31	securities	security	NNS
32027	552	32	employed	employ	VBN
32027	552	33	in	in	IN
32027	552	34	such	such	JJ
32027	552	35	cases	case	NNS
32027	552	36	.	.	.
32027	553	1	Ordinarily	ordinarily	RB
32027	553	2	,	,	,
32027	553	3	when	when	WRB
32027	553	4	a	a	DT
32027	553	5	note	note	NN
32027	553	6	falls	fall	VBZ
32027	553	7	due	due	JJ
32027	553	8	,	,	,
32027	553	9	he	-PRON-	PRP
32027	553	10	expects	expect	VBZ
32027	553	11	the	the	DT
32027	553	12	bank	bank	NN
32027	553	13	to	to	TO
32027	553	14	renew	renew	VB
32027	553	15	it	-PRON-	PRP
32027	553	16	,	,	,
32027	553	17	if	if	IN
32027	553	18	its	-PRON-	PRP$
32027	553	19	payment	payment	NN
32027	553	20	at	at	IN
32027	553	21	the	the	DT
32027	553	22	time	time	NN
32027	553	23	is	be	VBZ
32027	553	24	not	not	RB
32027	553	25	convenient	convenient	JJ
32027	553	26	,	,	,
32027	553	27	the	the	DT
32027	553	28	agreement	agreement	NN
32027	553	29	on	on	IN
32027	553	30	a	a	DT
32027	553	31	"	"	``
32027	553	32	line	line	NN
32027	553	33	of	of	IN
32027	553	34	credit	credit	NN
32027	553	35	"	"	''
32027	553	36	ordinarily	ordinarily	RB
32027	553	37	carrying	carry	VBG
32027	553	38	with	with	IN
32027	553	39	it	-PRON-	PRP
32027	553	40	that	that	DT
32027	553	41	implication	implication	NN
32027	553	42	,	,	,
32027	553	43	though	though	IN
32027	553	44	not	not	RB
32027	553	45	legally	legally	RB
32027	553	46	,	,	,
32027	553	47	probably	probably	RB
32027	553	48	not	not	RB
32027	553	49	morally	morally	RB
32027	553	50	,	,	,
32027	553	51	binding	bind	VBG
32027	553	52	the	the	DT
32027	553	53	bank	bank	NN
32027	553	54	so	so	RB
32027	553	55	to	to	TO
32027	553	56	do	do	VB
32027	553	57	.	.	.
32027	554	1	Indeed	indeed	RB
32027	554	2	,	,	,
32027	554	3	the	the	DT
32027	554	4	customer	customer	NN
32027	554	5	ordinarily	ordinarily	RB
32027	554	6	counts	count	VBZ
32027	554	7	the	the	DT
32027	554	8	amount	amount	NN
32027	554	9	of	of	IN
32027	554	10	his	-PRON-	PRP$
32027	554	11	"	"	``
32027	554	12	line	line	NN
32027	554	13	"	"	''
32027	554	14	as	as	IN
32027	554	15	a	a	DT
32027	554	16	part	part	NN
32027	554	17	of	of	IN
32027	554	18	his	-PRON-	PRP$
32027	554	19	working	work	VBG
32027	554	20	capital	capital	NN
32027	554	21	and	and	CC
32027	554	22	expects	expect	VBZ
32027	554	23	to	to	TO
32027	554	24	keep	keep	VB
32027	554	25	it	-PRON-	PRP
32027	554	26	in	in	IN
32027	554	27	use	use	NN
32027	554	28	a	a	DT
32027	554	29	large	large	JJ
32027	554	30	part	part	NN
32027	554	31	,	,	,
32027	554	32	if	if	IN
32027	554	33	not	not	RB
32027	554	34	all	all	DT
32027	554	35	,	,	,
32027	554	36	of	of	IN
32027	554	37	the	the	DT
32027	554	38	time	time	NN
32027	554	39	.	.	.
32027	555	1	In	in	IN
32027	555	2	the	the	DT
32027	555	3	determination	determination	NN
32027	555	4	of	of	IN
32027	555	5	the	the	DT
32027	555	6	amount	amount	NN
32027	555	7	of	of	IN
32027	555	8	these	these	DT
32027	555	9	"	"	``
32027	555	10	lines	line	NNS
32027	555	11	of	of	IN
32027	555	12	credit	credit	NN
32027	555	13	,	,	,
32027	555	14	"	"	''
32027	555	15	the	the	DT
32027	555	16	judgment	judgment	NN
32027	555	17	of	of	IN
32027	555	18	some	some	DT
32027	555	19	one	one	CD
32027	555	20	or	or	CC
32027	555	21	more	more	JJR
32027	555	22	bank	bank	NN
32027	555	23	officers	officer	NNS
32027	555	24	,	,	,
32027	555	25	assisted	assist	VBN
32027	555	26	by	by	IN
32027	555	27	a	a	DT
32027	555	28	discount	discount	NN
32027	555	29	committee	committee	NN
32027	555	30	and	and	CC
32027	555	31	sometimes	sometimes	RB
32027	555	32	,	,	,
32027	555	33	though	though	IN
32027	555	34	not	not	RB
32027	555	35	as	as	IN
32027	555	36	a	a	DT
32027	555	37	rule	rule	NN
32027	555	38	,	,	,
32027	555	39	by	by	IN
32027	555	40	a	a	DT
32027	555	41	specially	specially	RB
32027	555	42	organized	organize	VBN
32027	555	43	credit	credit	NN
32027	555	44	department	department	NN
32027	555	45	,	,	,
32027	555	46	rules	rule	NNS
32027	555	47	.	.	.
32027	556	1	In	in	IN
32027	556	2	forming	form	VBG
32027	556	3	these	these	DT
32027	556	4	judgments	judgment	NNS
32027	556	5	,	,	,
32027	556	6	the	the	DT
32027	556	7	bankers	banker	NNS
32027	556	8	of	of	IN
32027	556	9	the	the	DT
32027	556	10	United	United	NNP
32027	556	11	States	States	NNP
32027	556	12	as	as	IN
32027	556	13	a	a	DT
32027	556	14	class	class	NN
32027	556	15	are	be	VBP
32027	556	16	not	not	RB
32027	556	17	guided	guide	VBN
32027	556	18	by	by	IN
32027	556	19	any	any	DT
32027	556	20	universally	universally	RB
32027	556	21	recognized	recognize	VBN
32027	556	22	and	and	CC
32027	556	23	well	well	RB
32027	556	24	established	establish	VBN
32027	556	25	principles	principle	NNS
32027	556	26	.	.	.
32027	557	1	The	the	DT
32027	557	2	best	good	JJS
32027	557	3	ones	one	NNS
32027	557	4	require	require	VBP
32027	557	5	from	from	IN
32027	557	6	their	-PRON-	PRP$
32027	557	7	customers	customer	NNS
32027	557	8	carefully	carefully	RB
32027	557	9	prepared	prepare	VBN
32027	557	10	statements	statement	NNS
32027	557	11	showing	show	VBG
32027	557	12	the	the	DT
32027	557	13	nature	nature	NN
32027	557	14	and	and	CC
32027	557	15	volume	volume	NN
32027	557	16	of	of	IN
32027	557	17	the	the	DT
32027	557	18	business	business	NN
32027	557	19	they	-PRON-	PRP
32027	557	20	transact	transact	VBP
32027	557	21	,	,	,
32027	557	22	and	and	CC
32027	557	23	a	a	DT
32027	557	24	careful	careful	JJ
32027	557	25	classification	classification	NN
32027	557	26	of	of	IN
32027	557	27	their	-PRON-	PRP$
32027	557	28	assets	asset	NNS
32027	557	29	and	and	CC
32027	557	30	liabilities	liability	NNS
32027	557	31	.	.	.
32027	558	1	Others	other	NNS
32027	558	2	,	,	,
32027	558	3	and	and	CC
32027	558	4	these	these	DT
32027	558	5	are	be	VBP
32027	558	6	a	a	DT
32027	558	7	large	large	JJ
32027	558	8	majority	majority	NN
32027	558	9	,	,	,
32027	558	10	rely	rely	VB
32027	558	11	upon	upon	IN
32027	558	12	the	the	DT
32027	558	13	knowledge	knowledge	NN
32027	558	14	they	-PRON-	PRP
32027	558	15	already	already	RB
32027	558	16	possess	possess	VBP
32027	558	17	,	,	,
32027	558	18	gained	gain	VBN
32027	558	19	by	by	IN
32027	558	20	general	general	JJ
32027	558	21	observation	observation	NN
32027	558	22	,	,	,
32027	558	23	and	and	CC
32027	558	24	supplemented	supplement	VBN
32027	558	25	by	by	IN
32027	558	26	verbal	verbal	JJ
32027	558	27	inquiries	inquiry	NNS
32027	558	28	made	make	VBN
32027	558	29	from	from	IN
32027	558	30	time	time	NN
32027	558	31	to	to	IN
32027	558	32	time	time	NN
32027	558	33	and	and	CC
32027	558	34	by	by	IN
32027	558	35	the	the	DT
32027	558	36	voluntary	voluntary	JJ
32027	558	37	statements	statement	NNS
32027	558	38	of	of	IN
32027	558	39	the	the	DT
32027	558	40	customers	customer	NNS
32027	558	41	themselves	-PRON-	PRP
32027	558	42	.	.	.
32027	559	1	The	the	DT
32027	559	2	significance	significance	NN
32027	559	3	of	of	IN
32027	559	4	the	the	DT
32027	559	5	distinction	distinction	NN
32027	559	6	between	between	IN
32027	559	7	commercial	commercial	JJ
32027	559	8	and	and	CC
32027	559	9	investment	investment	NN
32027	559	10	operations	operation	NNS
32027	559	11	in	in	IN
32027	559	12	the	the	DT
32027	559	13	business	business	NN
32027	559	14	of	of	IN
32027	559	15	banking	banking	NN
32027	559	16	is	be	VBZ
32027	559	17	not	not	RB
32027	559	18	generally	generally	RB
32027	559	19	understood	understand	VBN
32027	559	20	,	,	,
32027	559	21	and	and	CC
32027	559	22	is	be	VBZ
32027	559	23	consequently	consequently	RB
32027	559	24	little	little	RB
32027	559	25	regarded	regarded	JJ
32027	559	26	.	.	.
32027	560	1	The	the	DT
32027	560	2	dominant	dominant	JJ
32027	560	3	question	question	NN
32027	560	4	in	in	IN
32027	560	5	the	the	DT
32027	560	6	mind	mind	NN
32027	560	7	of	of	IN
32027	560	8	the	the	DT
32027	560	9	average	average	JJ
32027	560	10	banker	banker	NN
32027	560	11	,	,	,
32027	560	12	both	both	CC
32027	560	13	in	in	IN
32027	560	14	determining	determine	VBG
32027	560	15	the	the	DT
32027	560	16	amount	amount	NN
32027	560	17	of	of	IN
32027	560	18	a	a	DT
32027	560	19	customer	customer	NN
32027	560	20	's	's	POS
32027	560	21	line	line	NN
32027	560	22	and	and	CC
32027	560	23	in	in	IN
32027	560	24	making	make	VBG
32027	560	25	loans	loan	NNS
32027	560	26	to	to	IN
32027	560	27	him	-PRON-	PRP
32027	560	28	after	after	IN
32027	560	29	the	the	DT
32027	560	30	line	line	NN
32027	560	31	is	be	VBZ
32027	560	32	fixed	fix	VBN
32027	560	33	,	,	,
32027	560	34	is	be	VBZ
32027	560	35	how	how	WRB
32027	560	36	much	much	JJ
32027	560	37	he	-PRON-	PRP
32027	560	38	is	be	VBZ
32027	560	39	"	"	``
32027	560	40	good	good	JJ
32027	560	41	for	for	IN
32027	560	42	,	,	,
32027	560	43	"	"	''
32027	560	44	and	and	CC
32027	560	45	on	on	IN
32027	560	46	this	this	DT
32027	560	47	point	point	NN
32027	560	48	the	the	DT
32027	560	49	total	total	JJ
32027	560	50	net	net	JJ
32027	560	51	worth	worth	NN
32027	560	52	,	,	,
32027	560	53	rather	rather	RB
32027	560	54	than	than	IN
32027	560	55	the	the	DT
32027	560	56	nature	nature	NN
32027	560	57	of	of	IN
32027	560	58	the	the	DT
32027	560	59	business	business	NN
32027	560	60	operations	operation	NNS
32027	560	61	,	,	,
32027	560	62	of	of	IN
32027	560	63	the	the	DT
32027	560	64	customer	customer	NN
32027	560	65	is	be	VBZ
32027	560	66	likely	likely	JJ
32027	560	67	to	to	TO
32027	560	68	be	be	VB
32027	560	69	decisive	decisive	JJ
32027	560	70	.	.	.
32027	561	1	Of	of	RB
32027	561	2	course	course	RB
32027	561	3	,	,	,
32027	561	4	the	the	DT
32027	561	5	banker	banker	NN
32027	561	6	is	be	VBZ
32027	561	7	also	also	RB
32027	561	8	influenced	influence	VBN
32027	561	9	by	by	IN
32027	561	10	the	the	DT
32027	561	11	customer	customer	NN
32027	561	12	's	's	POS
32027	561	13	reputation	reputation	NN
32027	561	14	for	for	IN
32027	561	15	both	both	CC
32027	561	16	integrity	integrity	NN
32027	561	17	and	and	CC
32027	561	18	business	business	NN
32027	561	19	ability	ability	NN
32027	561	20	.	.	.
32027	562	1	This	this	DT
32027	562	2	method	method	NN
32027	562	3	of	of	IN
32027	562	4	procedure	procedure	NN
32027	562	5	has	have	VBZ
32027	562	6	the	the	DT
32027	562	7	advantage	advantage	NN
32027	562	8	of	of	IN
32027	562	9	rendering	render	VBG
32027	562	10	access	access	NN
32027	562	11	of	of	IN
32027	562	12	people	people	NNS
32027	562	13	to	to	IN
32027	562	14	the	the	DT
32027	562	15	banks	bank	NNS
32027	562	16	easy	easy	RB
32027	562	17	and	and	CC
32027	562	18	of	of	IN
32027	562	19	promoting	promote	VBG
32027	562	20	their	-PRON-	PRP$
32027	562	21	extensive	extensive	JJ
32027	562	22	use	use	NN
32027	562	23	,	,	,
32027	562	24	but	but	CC
32027	562	25	it	-PRON-	PRP
32027	562	26	has	have	VBZ
32027	562	27	the	the	DT
32027	562	28	grave	grave	JJ
32027	562	29	disadvantage	disadvantage	NN
32027	562	30	of	of	IN
32027	562	31	opening	open	VBG
32027	562	32	the	the	DT
32027	562	33	doors	door	NNS
32027	562	34	wide	wide	JJ
32027	562	35	to	to	IN
32027	562	36	inflation	inflation	NN
32027	562	37	of	of	IN
32027	562	38	credit	credit	NN
32027	562	39	.	.	.
32027	563	1	The	the	DT
32027	563	2	majority	majority	NN
32027	563	3	of	of	IN
32027	563	4	our	-PRON-	PRP$
32027	563	5	bankers	banker	NNS
32027	563	6	do	do	VBP
32027	563	7	not	not	RB
32027	563	8	know	know	VB
32027	563	9	whether	whether	IN
32027	563	10	more	more	JJR
32027	563	11	or	or	CC
32027	563	12	less	less	JJR
32027	563	13	than	than	IN
32027	563	14	their	-PRON-	PRP$
32027	563	15	savings	saving	NNS
32027	563	16	deposits	deposit	NNS
32027	563	17	and	and	CC
32027	563	18	their	-PRON-	PRP$
32027	563	19	capital	capital	NN
32027	563	20	and	and	CC
32027	563	21	surplus	surplus	NN
32027	563	22	,	,	,
32027	563	23	the	the	DT
32027	563	24	only	only	JJ
32027	563	25	funds	fund	NNS
32027	563	26	which	which	WDT
32027	563	27	can	can	MD
32027	563	28	safely	safely	RB
32027	563	29	be	be	VB
32027	563	30	invested	invest	VBN
32027	563	31	in	in	IN
32027	563	32	fixed	fix	VBN
32027	563	33	forms	form	NNS
32027	563	34	,	,	,
32027	563	35	is	be	VBZ
32027	563	36	so	so	RB
32027	563	37	invested	invest	VBN
32027	563	38	.	.	.
32027	564	1	The	the	DT
32027	564	2	promissory	promissory	JJ
32027	564	3	notes	note	NNS
32027	564	4	of	of	IN
32027	564	5	their	-PRON-	PRP$
32027	564	6	customers	customer	NNS
32027	564	7	,	,	,
32027	564	8	which	which	WDT
32027	564	9	constitute	constitute	VBP
32027	564	10	the	the	DT
32027	564	11	major	major	JJ
32027	564	12	part	part	NN
32027	564	13	of	of	IN
32027	564	14	their	-PRON-	PRP$
32027	564	15	assets	asset	NNS
32027	564	16	,	,	,
32027	564	17	give	give	VB
32027	564	18	no	no	DT
32027	564	19	information	information	NN
32027	564	20	on	on	IN
32027	564	21	this	this	DT
32027	564	22	point	point	NN
32027	564	23	,	,	,
32027	564	24	and	and	CC
32027	564	25	they	-PRON-	PRP
32027	564	26	have	have	VBP
32027	564	27	not	not	RB
32027	564	28	made	make	VBN
32027	564	29	the	the	DT
32027	564	30	investigations	investigation	NNS
32027	564	31	necessary	necessary	JJ
32027	564	32	to	to	TO
32027	564	33	determine	determine	VB
32027	564	34	with	with	IN
32027	564	35	certainty	certainty	NN
32027	564	36	the	the	DT
32027	564	37	destination	destination	NN
32027	564	38	of	of	IN
32027	564	39	the	the	DT
32027	564	40	funds	fund	NNS
32027	564	41	they	-PRON-	PRP
32027	564	42	have	have	VBP
32027	564	43	loaned	loan	VBN
32027	564	44	.	.	.
32027	565	1	They	-PRON-	PRP
32027	565	2	are	be	VBP
32027	565	3	satisfied	satisfied	JJ
32027	565	4	with	with	IN
32027	565	5	the	the	DT
32027	565	6	knowledge	knowledge	NN
32027	565	7	or	or	CC
32027	565	8	the	the	DT
32027	565	9	conviction	conviction	NN
32027	565	10	that	that	IN
32027	565	11	their	-PRON-	PRP$
32027	565	12	loans	loan	NNS
32027	565	13	can	can	MD
32027	565	14	be	be	VB
32027	565	15	collected	collect	VBN
32027	565	16	,	,	,
32027	565	17	not	not	RB
32027	565	18	at	at	IN
32027	565	19	maturity	maturity	NN
32027	565	20	--	--	:
32027	565	21	they	-PRON-	PRP
32027	565	22	know	know	VBP
32027	565	23	very	very	RB
32027	565	24	well	well	RB
32027	565	25	that	that	IN
32027	565	26	many	many	JJ
32027	565	27	,	,	,
32027	565	28	probably	probably	RB
32027	565	29	most	most	JJS
32027	565	30	,	,	,
32027	565	31	of	of	IN
32027	565	32	them	-PRON-	PRP
32027	565	33	can	can	MD
32027	565	34	not	not	RB
32027	565	35	--	--	:
32027	565	36	but	but	CC
32027	565	37	ultimately	ultimately	RB
32027	565	38	.	.	.
32027	566	1	The	the	DT
32027	566	2	result	result	NN
32027	566	3	is	be	VBZ
32027	566	4	that	that	IN
32027	566	5	unconsciously	unconsciously	RB
32027	566	6	and	and	CC
32027	566	7	gradually	gradually	RB
32027	566	8	the	the	DT
32027	566	9	banks	bank	NNS
32027	566	10	create	create	VBP
32027	566	11	their	-PRON-	PRP$
32027	566	12	demand	demand	NN
32027	566	13	obligations	obligation	NNS
32027	566	14	in	in	IN
32027	566	15	the	the	DT
32027	566	16	form	form	NN
32027	566	17	of	of	IN
32027	566	18	balances	balance	NNS
32027	566	19	on	on	IN
32027	566	20	checking	check	VBG
32027	566	21	accounts	account	NNS
32027	566	22	against	against	IN
32027	566	23	fixed	fix	VBN
32027	566	24	investments	investment	NNS
32027	566	25	in	in	IN
32027	566	26	machinery	machinery	NN
32027	566	27	,	,	,
32027	566	28	buildings	building	NNS
32027	566	29	,	,	,
32027	566	30	lands	land	NNS
32027	566	31	,	,	,
32027	566	32	mines	mine	NNS
32027	566	33	,	,	,
32027	566	34	etc	etc	FW
32027	566	35	.	.	FW
32027	566	36	,	,	,
32027	566	37	and	and	CC
32027	566	38	,	,	,
32027	566	39	when	when	WRB
32027	566	40	the	the	DT
32027	566	41	payment	payment	NN
32027	566	42	of	of	IN
32027	566	43	these	these	DT
32027	566	44	obligations	obligation	NNS
32027	566	45	is	be	VBZ
32027	566	46	demanded	demand	VBN
32027	566	47	,	,	,
32027	566	48	the	the	DT
32027	566	49	reserves	reserve	NNS
32027	566	50	fall	fall	VBP
32027	566	51	below	below	IN
32027	566	52	the	the	DT
32027	566	53	danger	danger	NN
32027	566	54	point	point	NN
32027	566	55	and	and	CC
32027	566	56	they	-PRON-	PRP
32027	566	57	are	be	VBP
32027	566	58	forced	force	VBN
32027	566	59	to	to	TO
32027	566	60	require	require	VB
32027	566	61	payment	payment	NN
32027	566	62	at	at	IN
32027	566	63	maturity	maturity	NN
32027	566	64	of	of	IN
32027	566	65	paper	paper	NN
32027	566	66	which	which	WDT
32027	566	67	the	the	DT
32027	566	68	maker	maker	NN
32027	566	69	had	have	VBD
32027	566	70	counted	count	VBN
32027	566	71	upon	upon	IN
32027	566	72	having	have	VBG
32027	566	73	renewed	renew	VBN
32027	566	74	indefinitely	indefinitely	RB
32027	566	75	,	,	,
32027	566	76	and	and	CC
32027	566	77	the	the	DT
32027	566	78	payment	payment	NN
32027	566	79	of	of	IN
32027	566	80	which	which	WDT
32027	566	81	is	be	VBZ
32027	566	82	only	only	RB
32027	566	83	possible	possible	JJ
32027	566	84	by	by	IN
32027	566	85	the	the	DT
32027	566	86	forced	force	VBN
32027	566	87	sale	sale	NN
32027	566	88	of	of	IN
32027	566	89	the	the	DT
32027	566	90	property	property	NN
32027	566	91	in	in	IN
32027	566	92	which	which	WDT
32027	566	93	the	the	DT
32027	566	94	borrowed	borrow	VBN
32027	566	95	funds	fund	NNS
32027	566	96	were	be	VBD
32027	566	97	invested	invest	VBN
32027	566	98	,	,	,
32027	566	99	or	or	CC
32027	566	100	of	of	IN
32027	566	101	some	some	DT
32027	566	102	other	other	JJ
32027	566	103	property	property	NN
32027	566	104	in	in	IN
32027	566	105	his	-PRON-	PRP$
32027	566	106	possession	possession	NN
32027	566	107	.	.	.
32027	567	1	If	if	IN
32027	567	2	only	only	RB
32027	567	3	a	a	DT
32027	567	4	single	single	JJ
32027	567	5	bank	bank	NN
32027	567	6	or	or	CC
32027	567	7	a	a	DT
32027	567	8	comparatively	comparatively	RB
32027	567	9	few	few	JJ
32027	567	10	banks	bank	NNS
32027	567	11	find	find	VBP
32027	567	12	themselves	-PRON-	PRP
32027	567	13	in	in	IN
32027	567	14	this	this	DT
32027	567	15	condition	condition	NN
32027	567	16	,	,	,
32027	567	17	relief	relief	NN
32027	567	18	may	may	MD
32027	567	19	be	be	VB
32027	567	20	found	find	VBN
32027	567	21	in	in	IN
32027	567	22	the	the	DT
32027	567	23	rediscount	rediscount	NN
32027	567	24	of	of	IN
32027	567	25	paper	paper	NN
32027	567	26	with	with	IN
32027	567	27	other	other	JJ
32027	567	28	banks	bank	NNS
32027	567	29	,	,	,
32027	567	30	in	in	IN
32027	567	31	direct	direct	JJ
32027	567	32	loans	loan	NNS
32027	567	33	,	,	,
32027	567	34	or	or	CC
32027	567	35	in	in	IN
32027	567	36	the	the	DT
32027	567	37	sale	sale	NN
32027	567	38	of	of	IN
32027	567	39	securities	security	NNS
32027	567	40	on	on	IN
32027	567	41	the	the	DT
32027	567	42	exchanges	exchange	NNS
32027	567	43	;	;	:
32027	567	44	but	but	CC
32027	567	45	,	,	,
32027	567	46	if	if	IN
32027	567	47	the	the	DT
32027	567	48	condition	condition	NN
32027	567	49	is	be	VBZ
32027	567	50	general	general	JJ
32027	567	51	,	,	,
32027	567	52	relief	relief	NN
32027	567	53	by	by	IN
32027	567	54	these	these	DT
32027	567	55	means	mean	NNS
32027	567	56	is	be	VBZ
32027	567	57	impossible	impossible	JJ
32027	567	58	,	,	,
32027	567	59	and	and	CC
32027	567	60	widespread	widespread	JJ
32027	567	61	forced	forced	JJ
32027	567	62	liquidation	liquidation	NN
32027	567	63	becomes	become	VBZ
32027	567	64	necessary	necessary	JJ
32027	567	65	.	.	.
32027	568	1	An	an	DT
32027	568	2	aggravated	aggravated	JJ
32027	568	3	situation	situation	NN
32027	568	4	of	of	IN
32027	568	5	this	this	DT
32027	568	6	kind	kind	NN
32027	568	7	causes	cause	VBZ
32027	568	8	panic	panic	NN
32027	568	9	and	and	CC
32027	568	10	results	result	NNS
32027	568	11	in	in	IN
32027	568	12	a	a	DT
32027	568	13	commercial	commercial	JJ
32027	568	14	crisis	crisis	NN
32027	568	15	.	.	.
32027	569	1	(	(	-LRB-
32027	569	2	_	_	NNP
32027	569	3	c	c	NNP
32027	569	4	_	_	NNP
32027	569	5	)	)	-RRB-
32027	569	6	_	_	NNP
32027	569	7	Treasury	Treasury	NNP
32027	569	8	Operations._--The	Operations._--The	NNP
32027	569	9	operation	operation	NN
32027	569	10	of	of	IN
32027	569	11	our	-PRON-	PRP$
32027	569	12	independent	independent	JJ
32027	569	13	treasury	treasury	NN
32027	569	14	system	system	NN
32027	569	15	produces	produce	VBZ
32027	569	16	arbitrary	arbitrary	JJ
32027	569	17	fluctuations	fluctuation	NNS
32027	569	18	in	in	IN
32027	569	19	the	the	DT
32027	569	20	reserves	reserve	NNS
32027	569	21	of	of	IN
32027	569	22	the	the	DT
32027	569	23	banks	bank	NNS
32027	569	24	and	and	CC
32027	569	25	prevents	prevent	NNS
32027	569	26	that	that	WDT
32027	569	27	degree	degree	NN
32027	569	28	of	of	IN
32027	569	29	prevision	prevision	NN
32027	569	30	which	which	WDT
32027	569	31	is	be	VBZ
32027	569	32	essential	essential	JJ
32027	569	33	to	to	IN
32027	569	34	the	the	DT
32027	569	35	most	most	RBS
32027	569	36	economical	economical	JJ
32027	569	37	and	and	CC
32027	569	38	the	the	DT
32027	569	39	safest	safe	JJS
32027	569	40	practices	practice	NNS
32027	569	41	.	.	.
32027	570	1	The	the	DT
32027	570	2	funds	fund	NNS
32027	570	3	needed	need	VBN
32027	570	4	for	for	IN
32027	570	5	current	current	JJ
32027	570	6	purposes	purpose	NNS
32027	570	7	are	be	VBP
32027	570	8	withdrawn	withdraw	VBN
32027	570	9	from	from	IN
32027	570	10	the	the	DT
32027	570	11	banks	bank	NNS
32027	570	12	and	and	CC
32027	570	13	kept	keep	VBD
32027	570	14	under	under	IN
32027	570	15	lock	lock	NN
32027	570	16	and	and	CC
32027	570	17	key	key	NN
32027	570	18	in	in	IN
32027	570	19	the	the	DT
32027	570	20	treasury	treasury	NNP
32027	570	21	vaults	vault	NNS
32027	570	22	,	,	,
32027	570	23	thus	thus	RB
32027	570	24	diminishing	diminish	VBG
32027	570	25	reserves	reserve	NNS
32027	570	26	to	to	IN
32027	570	27	the	the	DT
32027	570	28	extent	extent	NN
32027	570	29	of	of	IN
32027	570	30	their	-PRON-	PRP$
32027	570	31	amount	amount	NN
32027	570	32	.	.	.
32027	571	1	Surplus	surplus	JJ
32027	571	2	funds	fund	NNS
32027	571	3	likewise	likewise	RB
32027	571	4	accumulate	accumulate	VBP
32027	571	5	in	in	IN
32027	571	6	the	the	DT
32027	571	7	vaults	vault	NNS
32027	571	8	with	with	IN
32027	571	9	the	the	DT
32027	571	10	same	same	JJ
32027	571	11	result	result	NN
32027	571	12	,	,	,
32027	571	13	until	until	IN
32027	571	14	the	the	DT
32027	571	15	Secretary	Secretary	NNP
32027	571	16	of	of	IN
32027	571	17	the	the	DT
32027	571	18	Treasury	Treasury	NNP
32027	571	19	sees	see	VBZ
32027	571	20	fit	fit	JJ
32027	571	21	to	to	TO
32027	571	22	deposit	deposit	VB
32027	571	23	,	,	,
32027	571	24	and	and	CC
32027	571	25	the	the	DT
32027	571	26	banks	bank	NNS
32027	571	27	find	find	VBP
32027	571	28	it	-PRON-	PRP
32027	571	29	possible	possible	JJ
32027	571	30	to	to	TO
32027	571	31	receive	receive	VB
32027	571	32	them	-PRON-	PRP
32027	571	33	.	.	.
32027	572	1	Even	even	RB
32027	572	2	then	then	RB
32027	572	3	the	the	DT
32027	572	4	depository	depository	NN
32027	572	5	banks	bank	NNS
32027	572	6	alone	alone	RB
32027	572	7	are	be	VBP
32027	572	8	directly	directly	RB
32027	572	9	benefited	benefit	VBN
32027	572	10	,	,	,
32027	572	11	and	and	CC
32027	572	12	no	no	DT
32027	572	13	one	one	NN
32027	572	14	of	of	IN
32027	572	15	these	these	DT
32027	572	16	knows	know	VBZ
32027	572	17	long	long	RB
32027	572	18	in	in	IN
32027	572	19	advance	advance	NN
32027	572	20	how	how	WRB
32027	572	21	much	much	JJ
32027	572	22	it	-PRON-	PRP
32027	572	23	is	be	VBZ
32027	572	24	going	go	VBG
32027	572	25	to	to	TO
32027	572	26	receive	receive	VB
32027	572	27	or	or	CC
32027	572	28	when	when	WRB
32027	572	29	funds	fund	NNS
32027	572	30	left	leave	VBN
32027	572	31	on	on	IN
32027	572	32	deposit	deposit	NN
32027	572	33	will	will	MD
32027	572	34	be	be	VB
32027	572	35	withdrawn	withdraw	VBN
32027	572	36	.	.	.
32027	573	1	Since	since	IN
32027	573	2	the	the	DT
32027	573	3	volume	volume	NN
32027	573	4	of	of	IN
32027	573	5	the	the	DT
32027	573	6	business	business	NN
32027	573	7	of	of	IN
32027	573	8	the	the	DT
32027	573	9	government	government	NN
32027	573	10	is	be	VBZ
32027	573	11	very	very	RB
32027	573	12	large	large	JJ
32027	573	13	,	,	,
32027	573	14	the	the	DT
32027	573	15	effects	effect	NNS
32027	573	16	produced	produce	VBN
32027	573	17	by	by	IN
32027	573	18	the	the	DT
32027	573	19	movement	movement	NN
32027	573	20	of	of	IN
32027	573	21	its	-PRON-	PRP$
32027	573	22	funds	fund	NNS
32027	573	23	are	be	VBP
32027	573	24	of	of	IN
32027	573	25	such	such	JJ
32027	573	26	magnitude	magnitude	NN
32027	573	27	as	as	IN
32027	573	28	to	to	TO
32027	573	29	give	give	VB
32027	573	30	them	-PRON-	PRP
32027	573	31	national	national	JJ
32027	573	32	importance	importance	NN
32027	573	33	,	,	,
32027	573	34	the	the	DT
32027	573	35	ability	ability	NN
32027	573	36	of	of	IN
32027	573	37	banks	bank	NNS
32027	573	38	to	to	TO
32027	573	39	loan	loan	NN
32027	573	40	and	and	CC
32027	573	41	to	to	TO
32027	573	42	meet	meet	VB
32027	573	43	obligations	obligation	NNS
32027	573	44	already	already	RB
32027	573	45	incurred	incur	VBN
32027	573	46	being	be	VBG
32027	573	47	profoundly	profoundly	RB
32027	573	48	affected	affect	VBN
32027	573	49	by	by	IN
32027	573	50	them	-PRON-	PRP
32027	573	51	.	.	.
32027	574	1	Among	among	IN
32027	574	2	these	these	DT
32027	574	3	effects	effect	NNS
32027	574	4	must	must	MD
32027	574	5	also	also	RB
32027	574	6	be	be	VB
32027	574	7	noted	note	VBN
32027	574	8	the	the	DT
32027	574	9	inability	inability	NN
32027	574	10	of	of	IN
32027	574	11	the	the	DT
32027	574	12	banks	bank	NNS
32027	574	13	to	to	TO
32027	574	14	calculate	calculate	VB
32027	574	15	these	these	DT
32027	574	16	movements	movement	NNS
32027	574	17	in	in	IN
32027	574	18	advance	advance	NN
32027	574	19	,	,	,
32027	574	20	as	as	IN
32027	574	21	they	-PRON-	PRP
32027	574	22	to	to	IN
32027	574	23	a	a	DT
32027	574	24	degree	degree	NN
32027	574	25	can	can	MD
32027	574	26	those	those	DT
32027	574	27	produced	produce	VBN
32027	574	28	by	by	IN
32027	574	29	the	the	DT
32027	574	30	operations	operation	NNS
32027	574	31	of	of	IN
32027	574	32	their	-PRON-	PRP$
32027	574	33	commercial	commercial	JJ
32027	574	34	customers	customer	NNS
32027	574	35	,	,	,
32027	574	36	and	and	CC
32027	574	37	the	the	DT
32027	574	38	relation	relation	NN
32027	574	39	between	between	IN
32027	574	40	them	-PRON-	PRP
32027	574	41	and	and	CC
32027	574	42	the	the	DT
32027	574	43	Secretary	Secretary	NNP
32027	574	44	of	of	IN
32027	574	45	the	the	DT
32027	574	46	Treasury	Treasury	NNP
32027	574	47	,	,	,
32027	574	48	which	which	WDT
32027	574	49	results	result	VBZ
32027	574	50	.	.	.
32027	575	1	The	the	DT
32027	575	2	relation	relation	NN
32027	575	3	between	between	IN
32027	575	4	the	the	DT
32027	575	5	receipts	receipt	NNS
32027	575	6	and	and	CC
32027	575	7	the	the	DT
32027	575	8	disbursements	disbursement	NNS
32027	575	9	of	of	IN
32027	575	10	the	the	DT
32027	575	11	government	government	NN
32027	575	12	vary	vary	VBP
32027	575	13	greatly	greatly	RB
32027	575	14	from	from	IN
32027	575	15	month	month	NN
32027	575	16	to	to	IN
32027	575	17	month	month	NN
32027	575	18	and	and	CC
32027	575	19	year	year	NN
32027	575	20	to	to	IN
32027	575	21	year	year	NN
32027	575	22	,	,	,
32027	575	23	so	so	IN
32027	575	24	that	that	IN
32027	575	25	,	,	,
32027	575	26	on	on	IN
32027	575	27	the	the	DT
32027	575	28	basis	basis	NN
32027	575	29	of	of	IN
32027	575	30	past	past	JJ
32027	575	31	experience	experience	NN
32027	575	32	,	,	,
32027	575	33	it	-PRON-	PRP
32027	575	34	is	be	VBZ
32027	575	35	impossible	impossible	JJ
32027	575	36	to	to	TO
32027	575	37	predict	predict	VB
32027	575	38	when	when	WRB
32027	575	39	the	the	DT
32027	575	40	banks	bank	NNS
32027	575	41	will	will	MD
32027	575	42	gain	gain	VB
32027	575	43	from	from	IN
32027	575	44	or	or	CC
32027	575	45	lose	lose	VB
32027	575	46	to	to	IN
32027	575	47	the	the	DT
32027	575	48	treasury	treasury	NN
32027	575	49	.	.	.
32027	576	1	The	the	DT
32027	576	2	action	action	NN
32027	576	3	of	of	IN
32027	576	4	the	the	DT
32027	576	5	Secretary	Secretary	NNP
32027	576	6	of	of	IN
32027	576	7	the	the	DT
32027	576	8	Treasury	Treasury	NNP
32027	576	9	regarding	regard	VBG
32027	576	10	deposits	deposit	NNS
32027	576	11	of	of	IN
32027	576	12	surplus	surplus	JJ
32027	576	13	funds	fund	NNS
32027	576	14	is	be	VBZ
32027	576	15	equally	equally	RB
32027	576	16	uncertain	uncertain	JJ
32027	576	17	and	and	CC
32027	576	18	unpredictable	unpredictable	JJ
32027	576	19	.	.	.
32027	577	1	No	no	DT
32027	577	2	fixed	fix	VBN
32027	577	3	policy	policy	NN
32027	577	4	regarding	regard	VBG
32027	577	5	this	this	DT
32027	577	6	matter	matter	NN
32027	577	7	has	have	VBZ
32027	577	8	yet	yet	RB
32027	577	9	been	be	VBN
32027	577	10	established	establish	VBN
32027	577	11	by	by	IN
32027	577	12	precedent	precedent	NN
32027	577	13	or	or	CC
32027	577	14	determined	determine	VBN
32027	577	15	by	by	IN
32027	577	16	law	law	NN
32027	577	17	.	.	.
32027	578	1	Each	each	DT
32027	578	2	secretary	secretary	NN
32027	578	3	follows	follow	VBZ
32027	578	4	his	-PRON-	PRP$
32027	578	5	own	own	JJ
32027	578	6	judgment	judgment	NN
32027	578	7	and	and	CC
32027	578	8	is	be	VBZ
32027	578	9	influenced	influence	VBN
32027	578	10	by	by	IN
32027	578	11	current	current	JJ
32027	578	12	events	event	NNS
32027	578	13	and	and	CC
32027	578	14	conditions	condition	NNS
32027	578	15	.	.	.
32027	579	1	The	the	DT
32027	579	2	uncertainty	uncertainty	NN
32027	579	3	which	which	WDT
32027	579	4	results	result	VBZ
32027	579	5	creates	create	VBZ
32027	579	6	a	a	DT
32027	579	7	speculative	speculative	JJ
32027	579	8	atmosphere	atmosphere	NN
32027	579	9	about	about	IN
32027	579	10	the	the	DT
32027	579	11	money	money	NN
32027	579	12	market	market	NN
32027	579	13	and	and	CC
32027	579	14	renders	render	VBZ
32027	579	15	the	the	DT
32027	579	16	banks	bank	NNS
32027	579	17	dependent	dependent	JJ
32027	579	18	upon	upon	IN
32027	579	19	the	the	DT
32027	579	20	secretary	secretary	NN
32027	579	21	and	and	CC
32027	579	22	the	the	DT
32027	579	23	secretary	secretary	NN
32027	579	24	influential	influential	JJ
32027	579	25	on	on	IN
32027	579	26	the	the	DT
32027	579	27	money	money	NN
32027	579	28	market	market	NN
32027	579	29	in	in	IN
32027	579	30	a	a	DT
32027	579	31	manner	manner	NN
32027	579	32	which	which	WDT
32027	579	33	is	be	VBZ
32027	579	34	unfortunate	unfortunate	JJ
32027	579	35	for	for	IN
32027	579	36	both	both	DT
32027	579	37	.	.	.
32027	580	1	Since	since	IN
32027	580	2	they	-PRON-	PRP
32027	580	3	can	can	MD
32027	580	4	not	not	RB
32027	580	5	be	be	VB
32027	580	6	indifferent	indifferent	JJ
32027	580	7	to	to	IN
32027	580	8	the	the	DT
32027	580	9	operations	operation	NNS
32027	580	10	of	of	IN
32027	580	11	the	the	DT
32027	580	12	treasury	treasury	NNP
32027	580	13	,	,	,
32027	580	14	and	and	CC
32027	580	15	can	can	MD
32027	580	16	not	not	RB
32027	580	17	predict	predict	VB
32027	580	18	them	-PRON-	PRP
32027	580	19	,	,	,
32027	580	20	banks	bank	NNS
32027	580	21	are	be	VBP
32027	580	22	obliged	oblige	VBN
32027	580	23	to	to	TO
32027	580	24	speculate	speculate	VB
32027	580	25	regarding	regard	VBG
32027	580	26	them	-PRON-	PRP
32027	580	27	,	,	,
32027	580	28	and	and	CC
32027	580	29	,	,	,
32027	580	30	if	if	IN
32027	580	31	they	-PRON-	PRP
32027	580	32	err	err	VBP
32027	580	33	,	,	,
32027	580	34	they	-PRON-	PRP
32027	580	35	are	be	VBP
32027	580	36	likely	likely	RB
32027	580	37	either	either	CC
32027	580	38	to	to	IN
32027	580	39	over	over	RB
32027	580	40	-	-	HYPH
32027	580	41	extend	extend	VB
32027	580	42	their	-PRON-	PRP$
32027	580	43	credit	credit	NN
32027	580	44	operations	operation	NNS
32027	580	45	or	or	CC
32027	580	46	unduly	unduly	RB
32027	580	47	to	to	TO
32027	580	48	contract	contract	VB
32027	580	49	them	-PRON-	PRP
32027	580	50	.	.	.
32027	581	1	The	the	DT
32027	581	2	former	former	JJ
32027	581	3	will	will	MD
32027	581	4	result	result	VB
32027	581	5	when	when	WRB
32027	581	6	they	-PRON-	PRP
32027	581	7	expect	expect	VBP
32027	581	8	an	an	DT
32027	581	9	increase	increase	NN
32027	581	10	in	in	IN
32027	581	11	their	-PRON-	PRP$
32027	581	12	reserves	reserve	NNS
32027	581	13	from	from	IN
32027	581	14	treasury	treasury	NNP
32027	581	15	sources	source	NNS
32027	581	16	and	and	CC
32027	581	17	do	do	VBP
32027	581	18	not	not	RB
32027	581	19	get	get	VB
32027	581	20	it	-PRON-	PRP
32027	581	21	,	,	,
32027	581	22	and	and	CC
32027	581	23	the	the	DT
32027	581	24	latter	latter	JJ
32027	581	25	when	when	WRB
32027	581	26	contemplated	contemplate	VBN
32027	581	27	withdrawals	withdrawal	NNS
32027	581	28	of	of	IN
32027	581	29	funds	fund	NNS
32027	581	30	do	do	VBP
32027	581	31	not	not	RB
32027	581	32	occur	occur	VB
32027	581	33	.	.	.
32027	582	1	The	the	DT
32027	582	2	Secretary	Secretary	NNP
32027	582	3	of	of	IN
32027	582	4	the	the	DT
32027	582	5	Treasury	Treasury	NNP
32027	582	6	is	be	VBZ
32027	582	7	not	not	RB
32027	582	8	in	in	IN
32027	582	9	a	a	DT
32027	582	10	position	position	NN
32027	582	11	properly	properly	RB
32027	582	12	to	to	TO
32027	582	13	exercise	exercise	VB
32027	582	14	the	the	DT
32027	582	15	power	power	NN
32027	582	16	conferred	confer	VBN
32027	582	17	upon	upon	IN
32027	582	18	him	-PRON-	PRP
32027	582	19	.	.	.
32027	583	1	He	-PRON-	PRP
32027	583	2	is	be	VBZ
32027	583	3	outside	outside	IN
32027	583	4	the	the	DT
32027	583	5	channels	channel	NNS
32027	583	6	of	of	IN
32027	583	7	commerce	commerce	NN
32027	583	8	and	and	CC
32027	583	9	industry	industry	NN
32027	583	10	,	,	,
32027	583	11	and	and	CC
32027	583	12	must	must	MD
32027	583	13	,	,	,
32027	583	14	therefore	therefore	RB
32027	583	15	,	,	,
32027	583	16	secure	secure	JJ
32027	583	17	at	at	IN
32027	583	18	second	second	JJ
32027	583	19	hand	hand	NN
32027	583	20	the	the	DT
32027	583	21	information	information	NN
32027	583	22	necessary	necessary	JJ
32027	583	23	for	for	IN
32027	583	24	intelligent	intelligent	JJ
32027	583	25	action	action	NN
32027	583	26	.	.	.
32027	584	1	Such	such	JJ
32027	584	2	sources	source	NNS
32027	584	3	of	of	IN
32027	584	4	information	information	NN
32027	584	5	are	be	VBP
32027	584	6	frequently	frequently	RB
32027	584	7	unreliable	unreliable	JJ
32027	584	8	and	and	CC
32027	584	9	inaccurate	inaccurate	JJ
32027	584	10	and	and	CC
32027	584	11	their	-PRON-	PRP$
32027	584	12	use	use	NN
32027	584	13	subjects	subject	VBZ
32027	584	14	him	-PRON-	PRP
32027	584	15	to	to	IN
32027	584	16	the	the	DT
32027	584	17	charge	charge	NN
32027	584	18	of	of	IN
32027	584	19	favoritism	favoritism	NN
32027	584	20	and	and	CC
32027	584	21	to	to	IN
32027	584	22	the	the	DT
32027	584	23	danger	danger	NN
32027	584	24	of	of	IN
32027	584	25	acting	act	VBG
32027	584	26	in	in	IN
32027	584	27	the	the	DT
32027	584	28	interest	interest	NN
32027	584	29	of	of	IN
32027	584	30	special	special	JJ
32027	584	31	groups	group	NNS
32027	584	32	or	or	CC
32027	584	33	special	special	JJ
32027	584	34	localities	locality	NNS
32027	584	35	.	.	.
32027	585	1	(	(	-LRB-
32027	585	2	_	_	NNP
32027	585	3	d	d	NNP
32027	585	4	_	_	NNP
32027	585	5	)	)	-RRB-
32027	585	6	_	_	NNP
32027	585	7	Operation	Operation	NNP
32027	585	8	of	of	IN
32027	585	9	the	the	DT
32027	585	10	Reserve	Reserve	NNP
32027	585	11	System._--Each	System._--Each	NNP
32027	585	12	national	national	NNP
32027	585	13	bank	bank	NNP
32027	585	14	now	now	RB
32027	585	15	keeps	keep	VBZ
32027	585	16	locked	lock	VBN
32027	585	17	up	up	RP
32027	585	18	in	in	IN
32027	585	19	its	-PRON-	PRP$
32027	585	20	vaults	vault	NNS
32027	585	21	money	money	NN
32027	585	22	to	to	IN
32027	585	23	the	the	DT
32027	585	24	amount	amount	NN
32027	585	25	of	of	IN
32027	585	26	at	at	RB
32027	585	27	least	least	JJS
32027	585	28	six	six	CD
32027	585	29	to	to	TO
32027	585	30	twenty	twenty	CD
32027	585	31	-	-	HYPH
32027	585	32	five	five	CD
32027	585	33	per	per	IN
32027	585	34	cent	cent	NN
32027	585	35	of	of	IN
32027	585	36	its	-PRON-	PRP$
32027	585	37	deposits	deposit	NNS
32027	585	38	and	and	CC
32027	585	39	a	a	DT
32027	585	40	balance	balance	NN
32027	585	41	with	with	IN
32027	585	42	banks	bank	NNS
32027	585	43	in	in	IN
32027	585	44	reserve	reserve	NN
32027	585	45	and	and	CC
32027	585	46	central	central	NNP
32027	585	47	reserve	reserve	NNP
32027	585	48	cities	city	NNS
32027	585	49	sufficient	sufficient	JJ
32027	585	50	to	to	TO
32027	585	51	bring	bring	VB
32027	585	52	the	the	DT
32027	585	53	total	total	NN
32027	585	54	to	to	IN
32027	585	55	at	at	RB
32027	585	56	least	least	JJS
32027	585	57	fifteen	fifteen	CD
32027	585	58	per	per	IN
32027	585	59	cent	cent	NN
32027	585	60	of	of	IN
32027	585	61	deposits	deposit	NNS
32027	585	62	in	in	IN
32027	585	63	the	the	DT
32027	585	64	case	case	NN
32027	585	65	of	of	IN
32027	585	66	country	country	NN
32027	585	67	banks	bank	NNS
32027	585	68	,	,	,
32027	585	69	and	and	CC
32027	585	70	twenty	twenty	CD
32027	585	71	-	-	HYPH
32027	585	72	five	five	CD
32027	585	73	per	per	IN
32027	585	74	cent	cent	NN
32027	585	75	of	of	IN
32027	585	76	deposits	deposit	NNS
32027	585	77	in	in	IN
32027	585	78	the	the	DT
32027	585	79	case	case	NN
32027	585	80	of	of	IN
32027	585	81	reserve	reserve	NNP
32027	585	82	city	city	NN
32027	585	83	banks	bank	NNS
32027	585	84	.	.	.
32027	586	1	In	in	IN
32027	586	2	addition	addition	NN
32027	586	3	,	,	,
32027	586	4	it	-PRON-	PRP
32027	586	5	is	be	VBZ
32027	586	6	customary	customary	JJ
32027	586	7	for	for	IN
32027	586	8	most	most	JJS
32027	586	9	banks	bank	NNS
32027	586	10	to	to	TO
32027	586	11	carry	carry	VB
32027	586	12	as	as	IN
32027	586	13	a	a	DT
32027	586	14	secondary	secondary	JJ
32027	586	15	reserve	reserve	NN
32027	586	16	high	high	JJ
32027	586	17	-	-	HYPH
32027	586	18	grade	grade	NN
32027	586	19	bonds	bond	NNS
32027	586	20	which	which	WDT
32027	586	21	can	can	MD
32027	586	22	be	be	VB
32027	586	23	readily	readily	RB
32027	586	24	sold	sell	VBN
32027	586	25	in	in	IN
32027	586	26	case	case	NN
32027	586	27	of	of	IN
32027	586	28	need	need	NN
32027	586	29	.	.	.
32027	587	1	The	the	DT
32027	587	2	practice	practice	NN
32027	587	3	of	of	IN
32027	587	4	state	state	NN
32027	587	5	banks	bank	NNS
32027	587	6	is	be	VBZ
32027	587	7	practically	practically	RB
32027	587	8	the	the	DT
32027	587	9	same	same	JJ
32027	587	10	as	as	IN
32027	587	11	that	that	DT
32027	587	12	of	of	IN
32027	587	13	national	national	JJ
32027	587	14	,	,	,
32027	587	15	and	and	CC
32027	587	16	that	that	DT
32027	587	17	of	of	IN
32027	587	18	trust	trust	NN
32027	587	19	companies	company	NNS
32027	587	20	differs	differ	VBZ
32027	587	21	only	only	RB
32027	587	22	in	in	IN
32027	587	23	the	the	DT
32027	587	24	amount	amount	NN
32027	587	25	of	of	IN
32027	587	26	reserves	reserve	NNS
32027	587	27	carried	carry	VBN
32027	587	28	and	and	CC
32027	587	29	in	in	IN
32027	587	30	the	the	DT
32027	587	31	proportion	proportion	NN
32027	587	32	between	between	IN
32027	587	33	the	the	DT
32027	587	34	different	different	JJ
32027	587	35	items	item	NNS
32027	587	36	.	.	.
32027	588	1	This	this	DT
32027	588	2	system	system	NN
32027	588	3	has	have	VBZ
32027	588	4	many	many	JJ
32027	588	5	disadvantages	disadvantage	NNS
32027	588	6	.	.	.
32027	589	1	Among	among	IN
32027	589	2	them	-PRON-	PRP
32027	589	3	the	the	DT
32027	589	4	most	most	RBS
32027	589	5	obvious	obvious	JJ
32027	589	6	,	,	,
32027	589	7	perhaps	perhaps	RB
32027	589	8	,	,	,
32027	589	9	is	be	VBZ
32027	589	10	the	the	DT
32027	589	11	withdrawal	withdrawal	NN
32027	589	12	of	of	IN
32027	589	13	enormous	enormous	JJ
32027	589	14	sums	sum	NNS
32027	589	15	from	from	IN
32027	589	16	the	the	DT
32027	589	17	current	current	JJ
32027	589	18	use	use	NN
32027	589	19	of	of	IN
32027	589	20	the	the	DT
32027	589	21	agriculture	agriculture	NN
32027	589	22	,	,	,
32027	589	23	industry	industry	NN
32027	589	24	,	,	,
32027	589	25	and	and	CC
32027	589	26	commerce	commerce	NN
32027	589	27	of	of	IN
32027	589	28	the	the	DT
32027	589	29	country	country	NN
32027	589	30	.	.	.
32027	590	1	That	that	DT
32027	590	2	portion	portion	NN
32027	590	3	of	of	IN
32027	590	4	these	these	DT
32027	590	5	reserve	reserve	NN
32027	590	6	funds	fund	NNS
32027	590	7	which	which	WDT
32027	590	8	is	be	VBZ
32027	590	9	required	require	VBN
32027	590	10	to	to	TO
32027	590	11	be	be	VB
32027	590	12	kept	keep	VBN
32027	590	13	under	under	IN
32027	590	14	lock	lock	NN
32027	590	15	and	and	CC
32027	590	16	key	key	NN
32027	590	17	in	in	IN
32027	590	18	the	the	DT
32027	590	19	vaults	vault	NNS
32027	590	20	,	,	,
32027	590	21	amounting	amount	VBG
32027	590	22	in	in	IN
32027	590	23	the	the	DT
32027	590	24	aggregate	aggregate	NN
32027	590	25	to	to	IN
32027	590	26	a	a	DT
32027	590	27	billion	billion	CD
32027	590	28	and	and	CC
32027	590	29	a	a	DT
32027	590	30	half	half	NN
32027	590	31	of	of	IN
32027	590	32	dollars	dollar	NNS
32027	590	33	or	or	CC
32027	590	34	more	more	JJR
32027	590	35	,	,	,
32027	590	36	is	be	VBZ
32027	590	37	not	not	RB
32027	590	38	available	available	JJ
32027	590	39	for	for	IN
32027	590	40	use	use	NN
32027	590	41	in	in	IN
32027	590	42	ordinary	ordinary	JJ
32027	590	43	times	time	NNS
32027	590	44	,	,	,
32027	590	45	and	and	CC
32027	590	46	is	be	VBZ
32027	590	47	practically	practically	RB
32027	590	48	useless	useless	JJ
32027	590	49	even	even	RB
32027	590	50	in	in	IN
32027	590	51	times	time	NNS
32027	590	52	of	of	IN
32027	590	53	stringency	stringency	NN
32027	590	54	,	,	,
32027	590	55	since	since	IN
32027	590	56	according	accord	VBG
32027	590	57	to	to	IN
32027	590	58	present	present	JJ
32027	590	59	law	law	NN
32027	590	60	,	,	,
32027	590	61	when	when	WRB
32027	590	62	the	the	DT
32027	590	63	reserves	reserve	NNS
32027	590	64	fall	fall	VBP
32027	590	65	to	to	IN
32027	590	66	the	the	DT
32027	590	67	minimum	minimum	NN
32027	590	68	prescribed	prescribe	VBN
32027	590	69	by	by	IN
32027	590	70	law	law	NN
32027	590	71	,	,	,
32027	590	72	banks	bank	NNS
32027	590	73	must	must	MD
32027	590	74	stop	stop	VB
32027	590	75	discounting	discount	VBG
32027	590	76	,	,	,
32027	590	77	under	under	IN
32027	590	78	penalty	penalty	NN
32027	590	79	of	of	IN
32027	590	80	being	be	VBG
32027	590	81	put	put	VBN
32027	590	82	in	in	IN
32027	590	83	the	the	DT
32027	590	84	hands	hand	NNS
32027	590	85	of	of	IN
32027	590	86	a	a	DT
32027	590	87	receiver	receiver	NN
32027	590	88	.	.	.
32027	591	1	The	the	DT
32027	591	2	other	other	JJ
32027	591	3	portions	portion	NNS
32027	591	4	of	of	IN
32027	591	5	these	these	DT
32027	591	6	funds	fund	NNS
32027	591	7	,	,	,
32027	591	8	namely	namely	RB
32027	591	9	,	,	,
32027	591	10	those	those	DT
32027	591	11	deposited	deposit	VBN
32027	591	12	with	with	IN
32027	591	13	banks	bank	NNS
32027	591	14	in	in	IN
32027	591	15	reserve	reserve	NN
32027	591	16	cities	city	NNS
32027	591	17	and	and	CC
32027	591	18	those	those	DT
32027	591	19	invested	invest	VBN
32027	591	20	in	in	IN
32027	591	21	bonds	bond	NNS
32027	591	22	,	,	,
32027	591	23	are	be	VBP
32027	591	24	likewise	likewise	RB
32027	591	25	withdrawn	withdraw	VBN
32027	591	26	from	from	IN
32027	591	27	the	the	DT
32027	591	28	uses	use	NNS
32027	591	29	of	of	IN
32027	591	30	current	current	JJ
32027	591	31	commerce	commerce	NN
32027	591	32	,	,	,
32027	591	33	since	since	IN
32027	591	34	a	a	DT
32027	591	35	large	large	JJ
32027	591	36	part	part	NN
32027	591	37	of	of	IN
32027	591	38	the	the	DT
32027	591	39	former	former	JJ
32027	591	40	is	be	VBZ
32027	591	41	only	only	RB
32027	591	42	available	available	JJ
32027	591	43	for	for	IN
32027	591	44	use	use	NN
32027	591	45	on	on	IN
32027	591	46	the	the	DT
32027	591	47	New	New	NNP
32027	591	48	York	York	NNP
32027	591	49	Stock	Stock	NNP
32027	591	50	Exchange	Exchange	NNP
32027	591	51	,	,	,
32027	591	52	and	and	CC
32027	591	53	the	the	DT
32027	591	54	latter	latter	JJ
32027	591	55	are	be	VBP
32027	591	56	invested	invest	VBN
32027	591	57	in	in	IN
32027	591	58	railroads	railroad	NNS
32027	591	59	,	,	,
32027	591	60	mines	mine	NNS
32027	591	61	,	,	,
32027	591	62	factories	factory	NNS
32027	591	63	,	,	,
32027	591	64	land	land	NN
32027	591	65	,	,	,
32027	591	66	etc	etc	FW
32027	591	67	.	.	.
32027	592	1	The	the	DT
32027	592	2	explanation	explanation	NN
32027	592	3	of	of	IN
32027	592	4	the	the	DT
32027	592	5	devotion	devotion	NN
32027	592	6	of	of	IN
32027	592	7	the	the	DT
32027	592	8	redeposited	redeposit	VBN
32027	592	9	portion	portion	NN
32027	592	10	of	of	IN
32027	592	11	the	the	DT
32027	592	12	reserves	reserve	NNS
32027	592	13	to	to	IN
32027	592	14	the	the	DT
32027	592	15	operations	operation	NNS
32027	592	16	of	of	IN
32027	592	17	the	the	DT
32027	592	18	New	New	NNP
32027	592	19	York	York	NNP
32027	592	20	Stock	Stock	NNP
32027	592	21	Exchange	Exchange	NNP
32027	592	22	is	be	VBZ
32027	592	23	to	to	TO
32027	592	24	be	be	VB
32027	592	25	found	find	VBN
32027	592	26	in	in	IN
32027	592	27	the	the	DT
32027	592	28	fact	fact	NN
32027	592	29	that	that	IN
32027	592	30	that	that	DT
32027	592	31	exchange	exchange	NN
32027	592	32	furnishes	furnish	VBZ
32027	592	33	a	a	DT
32027	592	34	regular	regular	JJ
32027	592	35	market	market	NN
32027	592	36	for	for	IN
32027	592	37	call	call	JJ
32027	592	38	loans	loan	NNS
32027	592	39	on	on	IN
32027	592	40	a	a	DT
32027	592	41	large	large	JJ
32027	592	42	scale	scale	NN
32027	592	43	.	.	.
32027	593	1	Since	since	IN
32027	593	2	these	these	DT
32027	593	3	funds	fund	NNS
32027	593	4	are	be	VBP
32027	593	5	held	hold	VBN
32027	593	6	subject	subject	JJ
32027	593	7	to	to	IN
32027	593	8	the	the	DT
32027	593	9	call	call	NN
32027	593	10	of	of	IN
32027	593	11	the	the	DT
32027	593	12	banks	bank	NNS
32027	593	13	which	which	WDT
32027	593	14	deposited	deposit	VBD
32027	593	15	them	-PRON-	PRP
32027	593	16	,	,	,
32027	593	17	and	and	CC
32027	593	18	interest	interest	NN
32027	593	19	at	at	IN
32027	593	20	the	the	DT
32027	593	21	rate	rate	NN
32027	593	22	of	of	IN
32027	593	23	at	at	RB
32027	593	24	least	least	RBS
32027	593	25	two	two	CD
32027	593	26	per	per	NN
32027	593	27	cent	cent	NN
32027	593	28	is	be	VBZ
32027	593	29	paid	pay	VBN
32027	593	30	upon	upon	IN
32027	593	31	them	-PRON-	PRP
32027	593	32	,	,	,
32027	593	33	the	the	DT
32027	593	34	depository	depository	NN
32027	593	35	banks	bank	NNS
32027	593	36	are	be	VBP
32027	593	37	bound	bind	VBN
32027	593	38	to	to	TO
32027	593	39	seek	seek	VB
32027	593	40	investment	investment	NN
32027	593	41	for	for	IN
32027	593	42	them	-PRON-	PRP
32027	593	43	,	,	,
32027	593	44	and	and	CC
32027	593	45	call	call	VB
32027	593	46	loans	loan	NNS
32027	593	47	on	on	IN
32027	593	48	collateral	collateral	NN
32027	593	49	listed	list	VBN
32027	593	50	on	on	IN
32027	593	51	the	the	DT
32027	593	52	exchange	exchange	NN
32027	593	53	under	under	IN
32027	593	54	ordinary	ordinary	JJ
32027	593	55	circumstances	circumstance	NNS
32027	593	56	are	be	VBP
32027	593	57	best	best	RB
32027	593	58	suited	suited	JJ
32027	593	59	to	to	IN
32027	593	60	their	-PRON-	PRP$
32027	593	61	purposes	purpose	NNS
32027	593	62	.	.	.
32027	594	1	Another	another	DT
32027	594	2	disadvantage	disadvantage	NN
32027	594	3	of	of	IN
32027	594	4	this	this	DT
32027	594	5	reserve	reserve	NN
32027	594	6	system	system	NN
32027	594	7	is	be	VBZ
32027	594	8	the	the	DT
32027	594	9	dangerous	dangerous	JJ
32027	594	10	situation	situation	NN
32027	594	11	in	in	IN
32027	594	12	which	which	WDT
32027	594	13	it	-PRON-	PRP
32027	594	14	places	place	VBZ
32027	594	15	banks	bank	NNS
32027	594	16	from	from	IN
32027	594	17	time	time	NN
32027	594	18	to	to	IN
32027	594	19	time	time	NN
32027	594	20	,	,	,
32027	594	21	and	and	CC
32027	594	22	the	the	DT
32027	594	23	tendency	tendency	NN
32027	594	24	to	to	TO
32027	594	25	panic	panic	VB
32027	594	26	which	which	WDT
32027	594	27	it	-PRON-	PRP
32027	594	28	fosters	foster	VBZ
32027	594	29	.	.	.
32027	595	1	The	the	DT
32027	595	2	demands	demand	NNS
32027	595	3	made	make	VBN
32027	595	4	upon	upon	IN
32027	595	5	banks	bank	NNS
32027	595	6	for	for	IN
32027	595	7	both	both	CC
32027	595	8	cash	cash	NN
32027	595	9	and	and	CC
32027	595	10	credit	credit	NN
32027	595	11	vary	vary	VBP
32027	595	12	with	with	IN
32027	595	13	the	the	DT
32027	595	14	seasons	season	NNS
32027	595	15	.	.	.
32027	596	1	In	in	IN
32027	596	2	the	the	DT
32027	596	3	fall	fall	NN
32027	596	4	and	and	CC
32027	596	5	spring	spring	NN
32027	596	6	they	-PRON-	PRP
32027	596	7	are	be	VBP
32027	596	8	much	much	RB
32027	596	9	greater	great	JJR
32027	596	10	than	than	IN
32027	596	11	in	in	IN
32027	596	12	the	the	DT
32027	596	13	winter	winter	NN
32027	596	14	and	and	CC
32027	596	15	summer	summer	NN
32027	596	16	.	.	.
32027	597	1	They	-PRON-	PRP
32027	597	2	also	also	RB
32027	597	3	vary	vary	VBP
32027	597	4	regularly	regularly	RB
32027	597	5	through	through	IN
32027	597	6	periods	period	NNS
32027	597	7	of	of	IN
32027	597	8	years	year	NNS
32027	597	9	,	,	,
32027	597	10	increasing	increase	VBG
32027	597	11	during	during	IN
32027	597	12	the	the	DT
32027	597	13	up	up	JJ
32027	597	14	-	-	HYPH
32027	597	15	grade	grade	NN
32027	597	16	of	of	IN
32027	597	17	a	a	DT
32027	597	18	credit	credit	NN
32027	597	19	cycle	cycle	NN
32027	597	20	and	and	CC
32027	597	21	decreasing	decrease	VBG
32027	597	22	for	for	IN
32027	597	23	a	a	DT
32027	597	24	longer	long	JJR
32027	597	25	or	or	CC
32027	597	26	shorter	short	JJR
32027	597	27	period	period	NN
32027	597	28	after	after	IN
32027	597	29	a	a	DT
32027	597	30	crisis	crisis	NN
32027	597	31	.	.	.
32027	598	1	Irregular	irregular	JJ
32027	598	2	and	and	CC
32027	598	3	unexpected	unexpected	JJ
32027	598	4	events	event	NNS
32027	598	5	also	also	RB
32027	598	6	cause	cause	VBP
32027	598	7	variations	variation	NNS
32027	598	8	.	.	.
32027	599	1	On	on	IN
32027	599	2	account	account	NN
32027	599	3	of	of	IN
32027	599	4	the	the	DT
32027	599	5	rigidity	rigidity	NN
32027	599	6	of	of	IN
32027	599	7	this	this	DT
32027	599	8	reserve	reserve	NN
32027	599	9	system	system	NN
32027	599	10	and	and	CC
32027	599	11	the	the	DT
32027	599	12	lack	lack	NN
32027	599	13	of	of	IN
32027	599	14	elasticity	elasticity	NN
32027	599	15	in	in	IN
32027	599	16	our	-PRON-	PRP$
32027	599	17	currency	currency	NN
32027	599	18	,	,	,
32027	599	19	the	the	DT
32027	599	20	means	mean	NNS
32027	599	21	available	available	JJ
32027	599	22	to	to	IN
32027	599	23	banks	bank	NNS
32027	599	24	for	for	IN
32027	599	25	meeting	meeting	NN
32027	599	26	increased	increase	VBN
32027	599	27	demands	demand	NNS
32027	599	28	,	,	,
32027	599	29	especially	especially	RB
32027	599	30	those	those	DT
32027	599	31	of	of	IN
32027	599	32	an	an	DT
32027	599	33	irregular	irregular	JJ
32027	599	34	and	and	CC
32027	599	35	unexpected	unexpected	JJ
32027	599	36	character	character	NN
32027	599	37	,	,	,
32027	599	38	are	be	VBP
32027	599	39	inadequate	inadequate	JJ
32027	599	40	,	,	,
32027	599	41	and	and	CC
32027	599	42	their	-PRON-	PRP$
32027	599	43	employment	employment	NN
32027	599	44	is	be	VBZ
32027	599	45	often	often	RB
32027	599	46	dangerous	dangerous	JJ
32027	599	47	.	.	.
32027	600	1	These	these	DT
32027	600	2	means	mean	NNS
32027	600	3	are	be	VBP
32027	600	4	:	:	:
32027	600	5	keeping	keep	VBG
32027	600	6	in	in	IN
32027	600	7	the	the	DT
32027	600	8	vaults	vault	NNS
32027	600	9	in	in	IN
32027	600	10	slack	slack	NN
32027	600	11	times	time	NNS
32027	600	12	a	a	DT
32027	600	13	large	large	JJ
32027	600	14	amount	amount	NN
32027	600	15	of	of	IN
32027	600	16	unused	unused	JJ
32027	600	17	cash	cash	NN
32027	600	18	,	,	,
32027	600	19	a	a	DT
32027	600	20	practice	practice	NN
32027	600	21	too	too	RB
32027	600	22	expensive	expensive	JJ
32027	600	23	to	to	TO
32027	600	24	be	be	VB
32027	600	25	employed	employ	VBN
32027	600	26	;	;	:
32027	600	27	keeping	keep	VBG
32027	600	28	surplus	surplus	JJ
32027	600	29	balances	balance	NNS
32027	600	30	with	with	IN
32027	600	31	correspondents	correspondent	NNS
32027	600	32	at	at	IN
32027	600	33	two	two	CD
32027	600	34	or	or	CC
32027	600	35	three	three	CD
32027	600	36	per	per	IN
32027	600	37	cent	cent	NN
32027	600	38	interest	interest	NN
32027	600	39	,	,	,
32027	600	40	not	not	RB
32027	600	41	a	a	DT
32027	600	42	sufficiently	sufficiently	RB
32027	600	43	remunerative	remunerative	JJ
32027	600	44	practice	practice	NN
32027	600	45	to	to	TO
32027	600	46	be	be	VB
32027	600	47	employed	employ	VBN
32027	600	48	on	on	IN
32027	600	49	a	a	DT
32027	600	50	sufficiently	sufficiently	RB
32027	600	51	extensive	extensive	JJ
32027	600	52	scale	scale	NN
32027	600	53	;	;	:
32027	600	54	rediscount	rediscount	VB
32027	600	55	with	with	IN
32027	600	56	correspondents	correspondent	NNS
32027	600	57	of	of	IN
32027	600	58	some	some	DT
32027	600	59	of	of	IN
32027	600	60	their	-PRON-	PRP$
32027	600	61	customers	customer	NNS
32027	600	62	'	'	POS
32027	600	63	paper	paper	NN
32027	600	64	,	,	,
32027	600	65	or	or	CC
32027	600	66	loans	loan	NNS
32027	600	67	from	from	IN
32027	600	68	them	-PRON-	PRP
32027	600	69	on	on	IN
32027	600	70	the	the	DT
32027	600	71	security	security	NN
32027	600	72	of	of	IN
32027	600	73	their	-PRON-	PRP$
32027	600	74	own	own	JJ
32027	600	75	signatures	signature	NNS
32027	600	76	or	or	CC
32027	600	77	on	on	IN
32027	600	78	such	such	JJ
32027	600	79	security	security	NN
32027	600	80	supplemented	supplement	VBN
32027	600	81	by	by	IN
32027	600	82	collateral	collateral	NN
32027	600	83	;	;	,
32027	600	84	and	and	CC
32027	600	85	sale	sale	NN
32027	600	86	of	of	IN
32027	600	87	bonds	bond	NNS
32027	600	88	at	at	IN
32027	600	89	such	such	JJ
32027	600	90	prices	price	NNS
32027	600	91	as	as	IN
32027	600	92	they	-PRON-	PRP
32027	600	93	will	will	MD
32027	600	94	bring	bring	VB
32027	600	95	.	.	.
32027	601	1	None	none	NN
32027	601	2	of	of	IN
32027	601	3	these	these	DT
32027	601	4	expedients	expedient	NNS
32027	601	5	is	be	VBZ
32027	601	6	certain	certain	JJ
32027	601	7	at	at	IN
32027	601	8	all	all	DT
32027	601	9	times	time	NNS
32027	601	10	and	and	CC
32027	601	11	under	under	IN
32027	601	12	all	all	DT
32027	601	13	conditions	condition	NNS
32027	601	14	,	,	,
32027	601	15	and	and	CC
32027	601	16	some	some	DT
32027	601	17	of	of	IN
32027	601	18	them	-PRON-	PRP
32027	601	19	are	be	VBP
32027	601	20	precarious	precarious	JJ
32027	601	21	at	at	IN
32027	601	22	all	all	DT
32027	601	23	times	time	NNS
32027	601	24	.	.	.
32027	602	1	Surplus	surplus	JJ
32027	602	2	balances	balance	NNS
32027	602	3	with	with	IN
32027	602	4	correspondents	correspondent	NNS
32027	602	5	are	be	VBP
32027	602	6	most	most	RBS
32027	602	7	reliable	reliable	JJ
32027	602	8	,	,	,
32027	602	9	but	but	CC
32027	602	10	they	-PRON-	PRP
32027	602	11	occasionally	occasionally	RB
32027	602	12	fail	fail	VBP
32027	602	13	on	on	IN
32027	602	14	account	account	NN
32027	602	15	of	of	IN
32027	602	16	the	the	DT
32027	602	17	inability	inability	NN
32027	602	18	of	of	IN
32027	602	19	correspondents	correspondent	NNS
32027	602	20	to	to	TO
32027	602	21	realize	realize	VB
32027	602	22	upon	upon	IN
32027	602	23	their	-PRON-	PRP$
32027	602	24	call	call	NN
32027	602	25	loans	loan	NNS
32027	602	26	.	.	.
32027	603	1	When	when	WRB
32027	603	2	calls	call	VBZ
32027	603	3	for	for	IN
32027	603	4	the	the	DT
32027	603	5	payment	payment	NN
32027	603	6	of	of	IN
32027	603	7	balances	balance	NNS
32027	603	8	are	be	VBP
32027	603	9	large	large	JJ
32027	603	10	and	and	CC
32027	603	11	general	general	JJ
32027	603	12	,	,	,
32027	603	13	it	-PRON-	PRP
32027	603	14	is	be	VBZ
32027	603	15	impossible	impossible	JJ
32027	603	16	for	for	IN
32027	603	17	brokers	broker	NNS
32027	603	18	whose	whose	WP$
32027	603	19	loans	loan	NNS
32027	603	20	are	be	VBP
32027	603	21	called	call	VBN
32027	603	22	by	by	IN
32027	603	23	one	one	CD
32027	603	24	bank	bank	NN
32027	603	25	to	to	TO
32027	603	26	transfer	transfer	VB
32027	603	27	them	-PRON-	PRP
32027	603	28	to	to	IN
32027	603	29	another	another	DT
32027	603	30	.	.	.
32027	604	1	The	the	DT
32027	604	2	collateral	collateral	NN
32027	604	3	deposited	deposit	VBN
32027	604	4	as	as	IN
32027	604	5	security	security	NN
32027	604	6	must	must	MD
32027	604	7	,	,	,
32027	604	8	therefore	therefore	RB
32027	604	9	,	,	,
32027	604	10	be	be	VB
32027	604	11	offered	offer	VBN
32027	604	12	for	for	IN
32027	604	13	sale	sale	NN
32027	604	14	on	on	IN
32027	604	15	the	the	DT
32027	604	16	stock	stock	NN
32027	604	17	exchange	exchange	NN
32027	604	18	,	,	,
32027	604	19	and	and	CC
32027	604	20	the	the	DT
32027	604	21	very	very	JJ
32027	604	22	stringency	stringency	NN
32027	604	23	which	which	WDT
32027	604	24	resulted	result	VBD
32027	604	25	in	in	IN
32027	604	26	their	-PRON-	PRP$
32027	604	27	being	be	VBG
32027	604	28	so	so	RB
32027	604	29	offered	offer	VBN
32027	604	30	renders	render	NNS
32027	604	31	their	-PRON-	PRP$
32027	604	32	sale	sale	NN
32027	604	33	,	,	,
32027	604	34	even	even	RB
32027	604	35	at	at	IN
32027	604	36	slaughter	slaughter	NN
32027	604	37	prices	price	NNS
32027	604	38	,	,	,
32027	604	39	difficult	difficult	JJ
32027	604	40	and	and	CC
32027	604	41	sometimes	sometimes	RB
32027	604	42	impossible	impossible	JJ
32027	604	43	.	.	.
32027	605	1	The	the	DT
32027	605	2	result	result	NN
32027	605	3	at	at	IN
32027	605	4	the	the	DT
32027	605	5	best	good	JJS
32027	605	6	is	be	VBZ
32027	605	7	a	a	DT
32027	605	8	heavy	heavy	JJ
32027	605	9	fall	fall	NN
32027	605	10	in	in	IN
32027	605	11	the	the	DT
32027	605	12	prices	price	NNS
32027	605	13	of	of	IN
32027	605	14	stock	stock	NN
32027	605	15	-	-	HYPH
32027	605	16	market	market	NN
32027	605	17	securities	security	NNS
32027	605	18	,	,	,
32027	605	19	and	and	CC
32027	605	20	at	at	IN
32027	605	21	the	the	DT
32027	605	22	worst	bad	JJS
32027	605	23	a	a	DT
32027	605	24	stock	stock	NN
32027	605	25	-	-	HYPH
32027	605	26	market	market	NN
32027	605	27	panic	panic	NN
32027	605	28	and	and	CC
32027	605	29	a	a	DT
32027	605	30	suspension	suspension	NN
32027	605	31	of	of	IN
32027	605	32	payments	payment	NNS
32027	605	33	by	by	IN
32027	605	34	the	the	DT
32027	605	35	banks	bank	NNS
32027	605	36	.	.	.
32027	606	1	Rediscounts	rediscount	NNS
32027	606	2	and	and	CC
32027	606	3	loans	loan	NNS
32027	606	4	from	from	IN
32027	606	5	correspondent	correspondent	NN
32027	606	6	banks	bank	NNS
32027	606	7	can	can	MD
32027	606	8	not	not	RB
32027	606	9	be	be	VB
32027	606	10	depended	depend	VBN
32027	606	11	on	on	IN
32027	606	12	.	.	.
32027	607	1	Correspondents	correspondent	NNS
32027	607	2	are	be	VBP
32027	607	3	under	under	IN
32027	607	4	no	no	DT
32027	607	5	obligation	obligation	NN
32027	607	6	to	to	TO
32027	607	7	make	make	VB
32027	607	8	them	-PRON-	PRP
32027	607	9	.	.	.
32027	608	1	They	-PRON-	PRP
32027	608	2	will	will	MD
32027	608	3	usually	usually	RB
32027	608	4	do	do	VB
32027	608	5	so	so	RB
32027	608	6	as	as	IN
32027	608	7	a	a	DT
32027	608	8	favor	favor	NN
32027	608	9	,	,	,
32027	608	10	if	if	IN
32027	608	11	their	-PRON-	PRP$
32027	608	12	condition	condition	NN
32027	608	13	warrants	warrant	NNS
32027	608	14	,	,	,
32027	608	15	otherwise	otherwise	RB
32027	608	16	not	not	RB
32027	608	17	.	.	.
32027	609	1	Sales	sale	NNS
32027	609	2	of	of	IN
32027	609	3	bonds	bond	NNS
32027	609	4	on	on	IN
32027	609	5	the	the	DT
32027	609	6	stock	stock	NN
32027	609	7	exchange	exchange	NN
32027	609	8	are	be	VBP
32027	609	9	difficult	difficult	JJ
32027	609	10	and	and	CC
32027	609	11	sometimes	sometimes	RB
32027	609	12	impossible	impossible	JJ
32027	609	13	in	in	IN
32027	609	14	times	time	NNS
32027	609	15	of	of	IN
32027	609	16	emergency	emergency	NN
32027	609	17	,	,	,
32027	609	18	and	and	CC
32027	609	19	are	be	VBP
32027	609	20	usually	usually	RB
32027	609	21	attended	attend	VBN
32027	609	22	with	with	IN
32027	609	23	loss	loss	NN
32027	609	24	.	.	.
32027	610	1	On	on	IN
32027	610	2	account	account	NN
32027	610	3	of	of	IN
32027	610	4	this	this	DT
32027	610	5	uncertainty	uncertainty	NN
32027	610	6	and	and	CC
32027	610	7	the	the	DT
32027	610	8	danger	danger	NN
32027	610	9	attending	attend	VBG
32027	610	10	it	-PRON-	PRP
32027	610	11	,	,	,
32027	610	12	when	when	WRB
32027	610	13	new	new	JJ
32027	610	14	and	and	CC
32027	610	15	unusual	unusual	JJ
32027	610	16	conditions	condition	NNS
32027	610	17	likely	likely	JJ
32027	610	18	to	to	TO
32027	610	19	result	result	VB
32027	610	20	in	in	IN
32027	610	21	increased	increase	VBN
32027	610	22	demands	demand	NNS
32027	610	23	upon	upon	IN
32027	610	24	them	-PRON-	PRP
32027	610	25	arise	arise	VBP
32027	610	26	,	,	,
32027	610	27	banks	bank	NNS
32027	610	28	are	be	VBP
32027	610	29	likely	likely	JJ
32027	610	30	to	to	TO
32027	610	31	act	act	VB
32027	610	32	"	"	``
32027	610	33	panicky	panicky	JJ
32027	610	34	"	"	''
32027	610	35	;	;	:
32027	610	36	to	to	TO
32027	610	37	call	call	VB
32027	610	38	in	in	IN
32027	610	39	their	-PRON-	PRP$
32027	610	40	balances	balance	NNS
32027	610	41	from	from	IN
32027	610	42	correspondents	correspondent	NNS
32027	610	43	;	;	:
32027	610	44	to	to	TO
32027	610	45	sell	sell	VB
32027	610	46	bonds	bond	NNS
32027	610	47	;	;	:
32027	610	48	to	to	TO
32027	610	49	call	call	VB
32027	610	50	loans	loan	NNS
32027	610	51	;	;	:
32027	610	52	and	and	CC
32027	610	53	greatly	greatly	RB
32027	610	54	to	to	TO
32027	610	55	curtail	curtail	VB
32027	610	56	or	or	CC
32027	610	57	absolutely	absolutely	RB
32027	610	58	to	to	TO
32027	610	59	cut	cut	VB
32027	610	60	off	off	RP
32027	610	61	new	new	JJ
32027	610	62	discounts	discount	NNS
32027	610	63	.	.	.
32027	611	1	This	this	DT
32027	611	2	action	action	NN
32027	611	3	spreads	spread	VBZ
32027	611	4	the	the	DT
32027	611	5	panicky	panicky	JJ
32027	611	6	feeling	feeling	NN
32027	611	7	among	among	IN
32027	611	8	their	-PRON-	PRP$
32027	611	9	customers	customer	NNS
32027	611	10	,	,	,
32027	611	11	and	and	CC
32027	611	12	creates	create	VBZ
32027	611	13	such	such	JJ
32027	611	14	pressure	pressure	NN
32027	611	15	at	at	IN
32027	611	16	the	the	DT
32027	611	17	reserve	reserve	NN
32027	611	18	centers	center	NNS
32027	611	19	as	as	IN
32027	611	20	to	to	TO
32027	611	21	cause	cause	VB
32027	611	22	curtailment	curtailment	NN
32027	611	23	of	of	IN
32027	611	24	accommodations	accommodation	NNS
32027	611	25	and	and	CC
32027	611	26	panic	panic	NN
32027	611	27	there	there	RB
32027	611	28	.	.	.
32027	612	1	At	at	IN
32027	612	2	the	the	DT
32027	612	3	very	very	RB
32027	612	4	best	good	JJS
32027	612	5	,	,	,
32027	612	6	this	this	DT
32027	612	7	reserve	reserve	NN
32027	612	8	system	system	NN
32027	612	9	is	be	VBZ
32027	612	10	accompanied	accompany	VBN
32027	612	11	by	by	IN
32027	612	12	high	high	JJ
32027	612	13	discount	discount	NN
32027	612	14	and	and	CC
32027	612	15	loan	loan	NN
32027	612	16	rates	rate	NNS
32027	612	17	and	and	CC
32027	612	18	by	by	IN
32027	612	19	speculation	speculation	NN
32027	612	20	on	on	IN
32027	612	21	the	the	DT
32027	612	22	stock	stock	NN
32027	612	23	market	market	NN
32027	612	24	.	.	.
32027	613	1	High	high	JJ
32027	613	2	rates	rate	NNS
32027	613	3	result	result	VBP
32027	613	4	inevitably	inevitably	RB
32027	613	5	from	from	IN
32027	613	6	the	the	DT
32027	613	7	hoarding	hoarding	NN
32027	613	8	of	of	IN
32027	613	9	currency	currency	NN
32027	613	10	which	which	WDT
32027	613	11	it	-PRON-	PRP
32027	613	12	involves	involve	VBZ
32027	613	13	,	,	,
32027	613	14	the	the	DT
32027	613	15	supply	supply	NN
32027	613	16	of	of	IN
32027	613	17	loan	loan	NN
32027	613	18	funds	fund	NNS
32027	613	19	being	be	VBG
32027	613	20	abnormally	abnormally	RB
32027	613	21	diminished	diminish	VBN
32027	613	22	,	,	,
32027	613	23	and	and	CC
32027	613	24	speculation	speculation	NN
32027	613	25	follows	follow	VBZ
32027	613	26	from	from	IN
32027	613	27	the	the	DT
32027	613	28	concentration	concentration	NN
32027	613	29	in	in	IN
32027	613	30	slack	slack	JJ
32027	613	31	times	time	NNS
32027	613	32	of	of	IN
32027	613	33	funds	fund	NNS
32027	613	34	in	in	IN
32027	613	35	New	New	NNP
32027	613	36	York	York	NNP
32027	613	37	City	City	NNP
32027	613	38	,	,	,
32027	613	39	which	which	WDT
32027	613	40	can	can	MD
32027	613	41	only	only	RB
32027	613	42	be	be	VB
32027	613	43	employed	employ	VBN
32027	613	44	in	in	IN
32027	613	45	call	call	JJ
32027	613	46	loans	loan	NNS
32027	613	47	on	on	IN
32027	613	48	stock	stock	NN
32027	613	49	-	-	HYPH
32027	613	50	exchange	exchange	NN
32027	613	51	collateral	collateral	NN
32027	613	52	.	.	.
32027	614	1	Stock	stock	NN
32027	614	2	brokers	broker	NNS
32027	614	3	regularly	regularly	RB
32027	614	4	take	take	VBP
32027	614	5	advantage	advantage	NN
32027	614	6	of	of	IN
32027	614	7	this	this	DT
32027	614	8	situation	situation	NN
32027	614	9	,	,	,
32027	614	10	speculate	speculate	VB
32027	614	11	themselves	-PRON-	PRP
32027	614	12	and	and	CC
32027	614	13	inspire	inspire	VB
32027	614	14	speculation	speculation	NN
32027	614	15	among	among	IN
32027	614	16	their	-PRON-	PRP$
32027	614	17	customers	customer	NNS
32027	614	18	.	.	.
32027	615	1	The	the	DT
32027	615	2	mutual	mutual	JJ
32027	615	3	dependence	dependence	NN
32027	615	4	of	of	IN
32027	615	5	the	the	DT
32027	615	6	stock	stock	NN
32027	615	7	and	and	CC
32027	615	8	money	money	NN
32027	615	9	markets	market	NNS
32027	615	10	thus	thus	RB
32027	615	11	produced	produce	VBN
32027	615	12	by	by	IN
32027	615	13	this	this	DT
32027	615	14	reserve	reserve	NN
32027	615	15	system	system	NN
32027	615	16	is	be	VBZ
32027	615	17	disadvantageous	disadvantageous	JJ
32027	615	18	to	to	IN
32027	615	19	both	both	DT
32027	615	20	,	,	,
32027	615	21	fluctuations	fluctuation	NNS
32027	615	22	in	in	IN
32027	615	23	values	value	NNS
32027	615	24	,	,	,
32027	615	25	uncertainty	uncertainty	NN
32027	615	26	,	,	,
32027	615	27	and	and	CC
32027	615	28	irregularity	irregularity	NN
32027	615	29	on	on	IN
32027	615	30	both	both	CC
32027	615	31	being	be	VBG
32027	615	32	the	the	DT
32027	615	33	result	result	NN
32027	615	34	.	.	.
32027	616	1	(	(	-LRB-
32027	616	2	_	_	NNP
32027	616	3	e	e	NNP
32027	616	4	_	_	NNP
32027	616	5	)	)	-RRB-
32027	616	6	_	_	NNP
32027	616	7	Lack	Lack	NNP
32027	616	8	of	of	IN
32027	616	9	Elasticity	elasticity	NN
32027	616	10	in	in	IN
32027	616	11	the	the	DT
32027	616	12	Currency._--The	Currency._--The	NNP
32027	616	13	money	money	NN
32027	616	14	of	of	IN
32027	616	15	the	the	DT
32027	616	16	United	United	NNP
32027	616	17	States	States	NNP
32027	616	18	consists	consist	VBZ
32027	616	19	of	of	IN
32027	616	20	four	four	CD
32027	616	21	main	main	JJ
32027	616	22	elements	element	NNS
32027	616	23	,	,	,
32027	616	24	gold	gold	NN
32027	616	25	and	and	CC
32027	616	26	silver	silver	NN
32027	616	27	coin	coin	NN
32027	616	28	,	,	,
32027	616	29	United	United	NNP
32027	616	30	States	States	NNP
32027	616	31	notes	note	VBZ
32027	616	32	,	,	,
32027	616	33	and	and	CC
32027	616	34	national	national	JJ
32027	616	35	bank	bank	NN
32027	616	36	notes	note	NNS
32027	616	37	,	,	,
32027	616	38	and	and	CC
32027	616	39	none	none	NN
32027	616	40	of	of	IN
32027	616	41	these	these	DT
32027	616	42	fluctuate	fluctuate	NN
32027	616	43	in	in	IN
32027	616	44	volume	volume	NN
32027	616	45	in	in	IN
32027	616	46	accord	accord	NN
32027	616	47	with	with	IN
32027	616	48	the	the	DT
32027	616	49	needs	need	NNS
32027	616	50	of	of	IN
32027	616	51	commerce	commerce	NN
32027	616	52	.	.	.
32027	617	1	The	the	DT
32027	617	2	gold	gold	NN
32027	617	3	element	element	NN
32027	617	4	depends	depend	VBZ
32027	617	5	primarily	primarily	RB
32027	617	6	upon	upon	IN
32027	617	7	the	the	DT
32027	617	8	output	output	NN
32027	617	9	of	of	IN
32027	617	10	our	-PRON-	PRP$
32027	617	11	gold	gold	NN
32027	617	12	mines	mine	NNS
32027	617	13	and	and	CC
32027	617	14	upon	upon	IN
32027	617	15	the	the	DT
32027	617	16	international	international	JJ
32027	617	17	movement	movement	NN
32027	617	18	of	of	IN
32027	617	19	gold	gold	NN
32027	617	20	,	,	,
32027	617	21	increasing	increase	VBG
32027	617	22	when	when	WRB
32027	617	23	that	that	DT
32027	617	24	output	output	NN
32027	617	25	increases	increase	NNS
32027	617	26	and	and	CC
32027	617	27	when	when	WRB
32027	617	28	our	-PRON-	PRP$
32027	617	29	imports	import	NNS
32027	617	30	of	of	IN
32027	617	31	gold	gold	NN
32027	617	32	exceed	exceed	VBP
32027	617	33	our	-PRON-	PRP$
32027	617	34	exports	export	NNS
32027	617	35	,	,	,
32027	617	36	and	and	CC
32027	617	37	decreasing	decrease	VBG
32027	617	38	under	under	IN
32027	617	39	opposite	opposite	JJ
32027	617	40	conditions	condition	NNS
32027	617	41	.	.	.
32027	618	1	These	these	DT
32027	618	2	fluctuations	fluctuation	NNS
32027	618	3	,	,	,
32027	618	4	however	however	RB
32027	618	5	,	,	,
32027	618	6	are	be	VBP
32027	618	7	quite	quite	RB
32027	618	8	independent	independent	JJ
32027	618	9	of	of	IN
32027	618	10	our	-PRON-	PRP$
32027	618	11	commercial	commercial	JJ
32027	618	12	needs	need	NNS
32027	618	13	.	.	.
32027	619	1	Silver	Silver	NNP
32027	619	2	dollars	dollar	NNS
32027	619	3	,	,	,
32027	619	4	which	which	WDT
32027	619	5	constitute	constitute	VBP
32027	619	6	the	the	DT
32027	619	7	major	major	JJ
32027	619	8	part	part	NN
32027	619	9	of	of	IN
32027	619	10	our	-PRON-	PRP$
32027	619	11	silver	silver	JJ
32027	619	12	currency	currency	NN
32027	619	13	,	,	,
32027	619	14	for	for	IN
32027	619	15	several	several	JJ
32027	619	16	years	year	NNS
32027	619	17	have	have	VBP
32027	619	18	been	be	VBN
32027	619	19	unchanged	unchanged	JJ
32027	619	20	in	in	IN
32027	619	21	quantity	quantity	NN
32027	619	22	,	,	,
32027	619	23	and	and	CC
32027	619	24	the	the	DT
32027	619	25	volume	volume	NN
32027	619	26	of	of	IN
32027	619	27	United	United	NNP
32027	619	28	States	States	NNP
32027	619	29	notes	note	NNS
32027	619	30	has	have	VBZ
32027	619	31	remained	remain	VBN
32027	619	32	at	at	IN
32027	619	33	$	$	$
32027	619	34	346,681,016	346,681,016	CD
32027	619	35	since	since	IN
32027	619	36	the	the	DT
32027	619	37	resumption	resumption	NN
32027	619	38	of	of	IN
32027	619	39	specie	specie	JJ
32027	619	40	payments	payment	NNS
32027	619	41	,	,	,
32027	619	42	January	January	NNP
32027	619	43	1	1	CD
32027	619	44	,	,	,
32027	619	45	1879	1879	CD
32027	619	46	.	.	.
32027	620	1	National	National	NNP
32027	620	2	bank	bank	NN
32027	620	3	notes	note	NNS
32027	620	4	fluctuate	fluctuate	VBP
32027	620	5	in	in	IN
32027	620	6	volume	volume	NN
32027	620	7	as	as	IN
32027	620	8	a	a	DT
32027	620	9	result	result	NN
32027	620	10	of	of	IN
32027	620	11	changes	change	NNS
32027	620	12	in	in	IN
32027	620	13	the	the	DT
32027	620	14	number	number	NN
32027	620	15	of	of	IN
32027	620	16	national	national	JJ
32027	620	17	banks	bank	NNS
32027	620	18	and	and	CC
32027	620	19	in	in	IN
32027	620	20	the	the	DT
32027	620	21	prices	price	NNS
32027	620	22	of	of	IN
32027	620	23	government	government	NN
32027	620	24	bonds	bond	NNS
32027	620	25	.	.	.
32027	621	1	Whenever	whenever	WRB
32027	621	2	a	a	DT
32027	621	3	new	new	JJ
32027	621	4	national	national	JJ
32027	621	5	bank	bank	NN
32027	621	6	is	be	VBZ
32027	621	7	organized	organize	VBN
32027	621	8	,	,	,
32027	621	9	a	a	DT
32027	621	10	specified	specify	VBN
32027	621	11	portion	portion	NN
32027	621	12	of	of	IN
32027	621	13	its	-PRON-	PRP$
32027	621	14	capital	capital	NN
32027	621	15	must	must	MD
32027	621	16	be	be	VB
32027	621	17	invested	invest	VBN
32027	621	18	in	in	IN
32027	621	19	government	government	NN
32027	621	20	bonds	bond	NNS
32027	621	21	,	,	,
32027	621	22	which	which	WDT
32027	621	23	bonds	bond	NNS
32027	621	24	are	be	VBP
32027	621	25	usually	usually	RB
32027	621	26	deposited	deposit	VBN
32027	621	27	with	with	IN
32027	621	28	the	the	DT
32027	621	29	Comptroller	Comptroller	NNP
32027	621	30	of	of	IN
32027	621	31	the	the	DT
32027	621	32	Currency	Currency	NNP
32027	621	33	in	in	IN
32027	621	34	exchange	exchange	NN
32027	621	35	for	for	IN
32027	621	36	notes	note	NNS
32027	621	37	;	;	:
32027	621	38	and	and	CC
32027	621	39	,	,	,
32027	621	40	when	when	WRB
32027	621	41	the	the	DT
32027	621	42	price	price	NN
32027	621	43	of	of	IN
32027	621	44	government	government	NN
32027	621	45	bonds	bond	NNS
32027	621	46	rises	rise	VBZ
32027	621	47	,	,	,
32027	621	48	banks	bank	NNS
32027	621	49	holding	hold	VBG
32027	621	50	more	more	JJR
32027	621	51	than	than	IN
32027	621	52	the	the	DT
32027	621	53	minimum	minimum	NN
32027	621	54	required	require	VBN
32027	621	55	by	by	IN
32027	621	56	law	law	NN
32027	621	57	frequently	frequently	RB
32027	621	58	retire	retire	VBP
32027	621	59	a	a	DT
32027	621	60	portion	portion	NN
32027	621	61	of	of	IN
32027	621	62	their	-PRON-	PRP$
32027	621	63	circulation	circulation	NN
32027	621	64	in	in	IN
32027	621	65	order	order	NN
32027	621	66	to	to	TO
32027	621	67	recover	recover	VB
32027	621	68	their	-PRON-	PRP$
32027	621	69	bonds	bond	NNS
32027	621	70	for	for	IN
32027	621	71	sale	sale	NN
32027	621	72	at	at	IN
32027	621	73	the	the	DT
32027	621	74	enhanced	enhanced	JJ
32027	621	75	price	price	NN
32027	621	76	.	.	.
32027	622	1	When	when	WRB
32027	622	2	the	the	DT
32027	622	3	price	price	NN
32027	622	4	of	of	IN
32027	622	5	government	government	NN
32027	622	6	bonds	bond	NNS
32027	622	7	falls	fall	VBZ
32027	622	8	,	,	,
32027	622	9	many	many	JJ
32027	622	10	banks	bank	NNS
32027	622	11	purchase	purchase	VBP
32027	622	12	additional	additional	JJ
32027	622	13	quantities	quantity	NNS
32027	622	14	and	and	CC
32027	622	15	increase	increase	VB
32027	622	16	their	-PRON-	PRP$
32027	622	17	circulation	circulation	NN
32027	622	18	.	.	.
32027	623	1	Changes	change	NNS
32027	623	2	in	in	IN
32027	623	3	the	the	DT
32027	623	4	price	price	NN
32027	623	5	of	of	IN
32027	623	6	government	government	NN
32027	623	7	bonds	bond	NNS
32027	623	8	and	and	CC
32027	623	9	in	in	IN
32027	623	10	the	the	DT
32027	623	11	number	number	NN
32027	623	12	of	of	IN
32027	623	13	national	national	JJ
32027	623	14	banks	bank	NNS
32027	623	15	,	,	,
32027	623	16	however	however	RB
32027	623	17	,	,	,
32027	623	18	have	have	VBP
32027	623	19	no	no	DT
32027	623	20	connection	connection	NN
32027	623	21	whatever	whatever	WDT
32027	623	22	with	with	IN
32027	623	23	changes	change	NNS
32027	623	24	in	in	IN
32027	623	25	our	-PRON-	PRP$
32027	623	26	currency	currency	NN
32027	623	27	needs	need	VBZ
32027	623	28	,	,	,
32027	623	29	and	and	CC
32027	623	30	no	no	RB
32027	623	31	more	more	JJR
32027	623	32	do	do	VBP
32027	623	33	the	the	DT
32027	623	34	fluctuations	fluctuation	NNS
32027	623	35	in	in	IN
32027	623	36	the	the	DT
32027	623	37	volume	volume	NN
32027	623	38	of	of	IN
32027	623	39	the	the	DT
32027	623	40	currency	currency	NN
32027	623	41	as	as	IN
32027	623	42	a	a	DT
32027	623	43	whole	whole	NN
32027	623	44	,	,	,
32027	623	45	made	make	VBN
32027	623	46	up	up	RP
32027	623	47	of	of	IN
32027	623	48	these	these	DT
32027	623	49	various	various	JJ
32027	623	50	elements	element	NNS
32027	623	51	combined	combine	VBN
32027	623	52	.	.	.
32027	624	1	As	as	IN
32027	624	2	a	a	DT
32027	624	3	result	result	NN
32027	624	4	of	of	IN
32027	624	5	this	this	DT
32027	624	6	condition	condition	NN
32027	624	7	,	,	,
32027	624	8	rates	rate	NNS
32027	624	9	on	on	IN
32027	624	10	loans	loan	NNS
32027	624	11	and	and	CC
32027	624	12	discounts	discount	NNS
32027	624	13	fluctuate	fluctuate	VBP
32027	624	14	greatly	greatly	RB
32027	624	15	on	on	IN
32027	624	16	account	account	NN
32027	624	17	of	of	IN
32027	624	18	wide	wide	JJ
32027	624	19	variations	variation	NNS
32027	624	20	between	between	IN
32027	624	21	the	the	DT
32027	624	22	demand	demand	NN
32027	624	23	and	and	CC
32027	624	24	the	the	DT
32027	624	25	supply	supply	NN
32027	624	26	of	of	IN
32027	624	27	loan	loan	NN
32027	624	28	funds	fund	NNS
32027	624	29	,	,	,
32027	624	30	and	and	CC
32027	624	31	commerce	commerce	NN
32027	624	32	is	be	VBZ
32027	624	33	hampered	hamper	VBN
32027	624	34	at	at	IN
32027	624	35	certain	certain	JJ
32027	624	36	seasons	season	NNS
32027	624	37	and	and	CC
32027	624	38	overstimulated	overstimulate	VBD
32027	624	39	at	at	IN
32027	624	40	others	other	NNS
32027	624	41	.	.	.
32027	625	1	As	as	IN
32027	625	2	was	be	VBD
32027	625	3	indicated	indicate	VBN
32027	625	4	above	above	IN
32027	625	5	,	,	,
32027	625	6	this	this	DT
32027	625	7	lack	lack	NN
32027	625	8	of	of	IN
32027	625	9	elasticity	elasticity	NN
32027	625	10	in	in	IN
32027	625	11	our	-PRON-	PRP$
32027	625	12	currency	currency	NN
32027	625	13	aggravates	aggravate	VBZ
32027	625	14	the	the	DT
32027	625	15	defects	defect	NNS
32027	625	16	of	of	IN
32027	625	17	our	-PRON-	PRP$
32027	625	18	reserve	reserve	NN
32027	625	19	system	system	NN
32027	625	20	and	and	CC
32027	625	21	also	also	RB
32027	625	22	aids	aid	VBZ
32027	625	23	in	in	IN
32027	625	24	the	the	DT
32027	625	25	production	production	NN
32027	625	26	of	of	IN
32027	625	27	financial	financial	JJ
32027	625	28	panics	panic	NNS
32027	625	29	.	.	.
32027	626	1	_	_	NNP
32027	626	2	6	6	CD
32027	626	3	.	.	.
32027	627	1	Plans	plan	NNS
32027	627	2	for	for	IN
32027	627	3	Reform	Reform	NNP
32027	627	4	_	_	NNP
32027	627	5	On	on	IN
32027	627	6	account	account	NN
32027	627	7	of	of	IN
32027	627	8	the	the	DT
32027	627	9	defects	defect	NNS
32027	627	10	in	in	IN
32027	627	11	our	-PRON-	PRP$
32027	627	12	system	system	NN
32027	627	13	of	of	IN
32027	627	14	banking	banking	NN
32027	627	15	,	,	,
32027	627	16	there	there	EX
32027	627	17	has	have	VBZ
32027	627	18	been	be	VBN
32027	627	19	long	long	RB
32027	627	20	-	-	HYPH
32027	627	21	continued	continue	VBN
32027	627	22	agitation	agitation	NN
32027	627	23	for	for	IN
32027	627	24	reform	reform	NN
32027	627	25	,	,	,
32027	627	26	increasing	increase	VBG
32027	627	27	in	in	IN
32027	627	28	scope	scope	NN
32027	627	29	and	and	CC
32027	627	30	intensity	intensity	NN
32027	627	31	in	in	IN
32027	627	32	recent	recent	JJ
32027	627	33	years	year	NNS
32027	627	34	.	.	.
32027	628	1	After	after	IN
32027	628	2	the	the	DT
32027	628	3	crisis	crisis	NN
32027	628	4	of	of	IN
32027	628	5	1907	1907	CD
32027	628	6	,	,	,
32027	628	7	which	which	WDT
32027	628	8	revealed	reveal	VBD
32027	628	9	these	these	DT
32027	628	10	defects	defect	NNS
32027	628	11	to	to	IN
32027	628	12	many	many	JJ
32027	628	13	persons	person	NNS
32027	628	14	who	who	WP
32027	628	15	had	have	VBD
32027	628	16	not	not	RB
32027	628	17	observed	observe	VBN
32027	628	18	them	-PRON-	PRP
32027	628	19	before	before	RB
32027	628	20	,	,	,
32027	628	21	Congress	Congress	NNP
32027	628	22	appointed	appoint	VBD
32027	628	23	a	a	DT
32027	628	24	commission	commission	NN
32027	628	25	to	to	TO
32027	628	26	make	make	VB
32027	628	27	investigations	investigation	NNS
32027	628	28	and	and	CC
32027	628	29	to	to	TO
32027	628	30	prepare	prepare	VB
32027	628	31	a	a	DT
32027	628	32	reform	reform	NN
32027	628	33	measure	measure	NN
32027	628	34	.	.	.
32027	629	1	In	in	IN
32027	629	2	January	January	NNP
32027	629	3	,	,	,
32027	629	4	1912	1912	CD
32027	629	5	,	,	,
32027	629	6	this	this	DT
32027	629	7	committee	committee	NN
32027	629	8	submitted	submit	VBD
32027	629	9	a	a	DT
32027	629	10	report	report	NN
32027	629	11	which	which	WDT
32027	629	12	embodied	embody	VBD
32027	629	13	a	a	DT
32027	629	14	bill	bill	NN
32027	629	15	for	for	IN
32027	629	16	the	the	DT
32027	629	17	incorporation	incorporation	NN
32027	629	18	of	of	IN
32027	629	19	a	a	DT
32027	629	20	National	National	NNP
32027	629	21	Reserve	Reserve	NNP
32027	629	22	Association	Association	NNP
32027	629	23	,	,	,
32027	629	24	to	to	TO
32027	629	25	be	be	VB
32027	629	26	made	make	VBN
32027	629	27	up	up	RP
32027	629	28	of	of	IN
32027	629	29	a	a	DT
32027	629	30	federation	federation	NN
32027	629	31	of	of	IN
32027	629	32	local	local	JJ
32027	629	33	associations	association	NNS
32027	629	34	of	of	IN
32027	629	35	banks	bank	NNS
32027	629	36	and	and	CC
32027	629	37	trust	trust	NN
32027	629	38	companies	company	NNS
32027	629	39	.	.	.
32027	630	1	The	the	DT
32027	630	2	purpose	purpose	NN
32027	630	3	of	of	IN
32027	630	4	this	this	DT
32027	630	5	association	association	NN
32027	630	6	was	be	VBD
32027	630	7	to	to	TO
32027	630	8	supply	supply	VB
32027	630	9	a	a	DT
32027	630	10	market	market	NN
32027	630	11	for	for	IN
32027	630	12	commercial	commercial	JJ
32027	630	13	paper	paper	NN
32027	630	14	,	,	,
32027	630	15	an	an	DT
32027	630	16	elastic	elastic	JJ
32027	630	17	element	element	NN
32027	630	18	in	in	IN
32027	630	19	the	the	DT
32027	630	20	currency	currency	NN
32027	630	21	,	,	,
32027	630	22	a	a	DT
32027	630	23	place	place	NN
32027	630	24	for	for	IN
32027	630	25	the	the	DT
32027	630	26	deposit	deposit	NN
32027	630	27	of	of	IN
32027	630	28	the	the	DT
32027	630	29	bank	bank	NN
32027	630	30	reserves	reserve	NNS
32027	630	31	of	of	IN
32027	630	32	the	the	DT
32027	630	33	country	country	NN
32027	630	34	and	and	CC
32027	630	35	of	of	IN
32027	630	36	the	the	DT
32027	630	37	funds	fund	NNS
32027	630	38	of	of	IN
32027	630	39	the	the	DT
32027	630	40	government	government	NN
32027	630	41	,	,	,
32027	630	42	as	as	RB
32027	630	43	well	well	RB
32027	630	44	as	as	IN
32027	630	45	proper	proper	JJ
32027	630	46	machinery	machinery	NN
32027	630	47	for	for	IN
32027	630	48	the	the	DT
32027	630	49	administration	administration	NN
32027	630	50	of	of	IN
32027	630	51	this	this	DT
32027	630	52	market	market	NN
32027	630	53	and	and	CC
32027	630	54	these	these	DT
32027	630	55	funds	fund	NNS
32027	630	56	.	.	.
32027	631	1	For	for	IN
32027	631	2	various	various	JJ
32027	631	3	reasons	reason	NNS
32027	631	4	,	,	,
32027	631	5	the	the	DT
32027	631	6	plan	plan	NN
32027	631	7	of	of	IN
32027	631	8	the	the	DT
32027	631	9	monetary	monetary	NNP
32027	631	10	commission	commission	NNP
32027	631	11	did	do	VBD
32027	631	12	not	not	RB
32027	631	13	meet	meet	VB
32027	631	14	with	with	IN
32027	631	15	universal	universal	JJ
32027	631	16	favor	favor	NN
32027	631	17	.	.	.
32027	632	1	It	-PRON-	PRP
32027	632	2	was	be	VBD
32027	632	3	condemned	condemn	VBN
32027	632	4	in	in	IN
32027	632	5	particular	particular	JJ
32027	632	6	by	by	IN
32027	632	7	the	the	DT
32027	632	8	Democratic	democratic	JJ
32027	632	9	party	party	NN
32027	632	10	,	,	,
32027	632	11	which	which	WDT
32027	632	12	was	be	VBD
32027	632	13	victorious	victorious	JJ
32027	632	14	at	at	IN
32027	632	15	the	the	DT
32027	632	16	polls	poll	NNS
32027	632	17	in	in	IN
32027	632	18	the	the	DT
32027	632	19	fall	fall	NN
32027	632	20	elections	election	NNS
32027	632	21	,	,	,
32027	632	22	and	and	CC
32027	632	23	installed	instal	VBD
32027	632	24	a	a	DT
32027	632	25	new	new	JJ
32027	632	26	administration	administration	NN
32027	632	27	in	in	IN
32027	632	28	Washington	Washington	NNP
32027	632	29	,	,	,
32027	632	30	March	March	NNP
32027	632	31	4	4	CD
32027	632	32	,	,	,
32027	632	33	1913	1913	CD
32027	632	34	.	.	.
32027	633	1	A	a	DT
32027	633	2	special	special	JJ
32027	633	3	session	session	NN
32027	633	4	of	of	IN
32027	633	5	the	the	DT
32027	633	6	new	new	JJ
32027	633	7	Congress	Congress	NNP
32027	633	8	was	be	VBD
32027	633	9	called	call	VBN
32027	633	10	to	to	TO
32027	633	11	consider	consider	VB
32027	633	12	the	the	DT
32027	633	13	tariff	tariff	NN
32027	633	14	question	question	NN
32027	633	15	,	,	,
32027	633	16	and	and	CC
32027	633	17	to	to	IN
32027	633	18	it	-PRON-	PRP
32027	633	19	was	be	VBD
32027	633	20	submitted	submit	VBN
32027	633	21	another	another	DT
32027	633	22	plan	plan	NN
32027	633	23	for	for	IN
32027	633	24	the	the	DT
32027	633	25	reform	reform	NN
32027	633	26	of	of	IN
32027	633	27	our	-PRON-	PRP$
32027	633	28	banking	banking	NN
32027	633	29	system	system	NN
32027	633	30	,	,	,
32027	633	31	which	which	WDT
32027	633	32	was	be	VBD
32027	633	33	enacted	enact	VBN
32027	633	34	into	into	IN
32027	633	35	law	law	NN
32027	633	36	December	December	NNP
32027	633	37	23	23	CD
32027	633	38	,	,	,
32027	633	39	1913	1913	CD
32027	633	40	.	.	.
32027	634	1	This	this	DT
32027	634	2	law	law	NN
32027	634	3	provides	provide	VBZ
32027	634	4	for	for	IN
32027	634	5	the	the	DT
32027	634	6	incorporation	incorporation	NN
32027	634	7	of	of	IN
32027	634	8	so	so	RB
32027	634	9	-	-	HYPH
32027	634	10	called	call	VBN
32027	634	11	"	"	``
32027	634	12	Federal	Federal	NNP
32027	634	13	Reserve	Reserve	NNP
32027	634	14	Banks	Banks	NNPS
32027	634	15	,	,	,
32027	634	16	"	"	''
32027	634	17	the	the	DT
32027	634	18	number	number	NN
32027	634	19	to	to	TO
32027	634	20	be	be	VB
32027	634	21	not	not	RB
32027	634	22	less	less	JJR
32027	634	23	than	than	IN
32027	634	24	eight	eight	CD
32027	634	25	or	or	CC
32027	634	26	more	more	JJR
32027	634	27	than	than	IN
32027	634	28	twelve	twelve	CD
32027	634	29	.	.	.
32027	635	1	The	the	DT
32027	635	2	country	country	NN
32027	635	3	is	be	VBZ
32027	635	4	to	to	TO
32027	635	5	be	be	VB
32027	635	6	divided	divide	VBN
32027	635	7	into	into	IN
32027	635	8	as	as	RB
32027	635	9	many	many	JJ
32027	635	10	districts	district	NNS
32027	635	11	as	as	IN
32027	635	12	there	there	EX
32027	635	13	are	be	VBP
32027	635	14	Federal	Federal	NNP
32027	635	15	Reserve	Reserve	NNP
32027	635	16	Banks	Banks	NNPS
32027	635	17	,	,	,
32027	635	18	and	and	CC
32027	635	19	the	the	DT
32027	635	20	national	national	JJ
32027	635	21	banks	bank	NNS
32027	635	22	in	in	IN
32027	635	23	each	each	DT
32027	635	24	district	district	NN
32027	635	25	must	must	MD
32027	635	26	subscribe	subscribe	VB
32027	635	27	six	six	CD
32027	635	28	per	per	IN
32027	635	29	cent	cent	NN
32027	635	30	and	and	CC
32027	635	31	pay	pay	NN
32027	635	32	in	in	IN
32027	635	33	three	three	CD
32027	635	34	per	per	IN
32027	635	35	cent	cent	NN
32027	635	36	of	of	IN
32027	635	37	their	-PRON-	PRP$
32027	635	38	capital	capital	NN
32027	635	39	and	and	CC
32027	635	40	surplus	surplus	NN
32027	635	41	to	to	IN
32027	635	42	the	the	DT
32027	635	43	capital	capital	NN
32027	635	44	stock	stock	NN
32027	635	45	of	of	IN
32027	635	46	the	the	DT
32027	635	47	Federal	Federal	NNP
32027	635	48	Reserve	Reserve	NNP
32027	635	49	Bank	Bank	NNP
32027	635	50	located	locate	VBN
32027	635	51	in	in	IN
32027	635	52	that	that	DT
32027	635	53	district	district	NN
32027	635	54	.	.	.
32027	636	1	State	state	NN
32027	636	2	banks	bank	NNS
32027	636	3	and	and	CC
32027	636	4	trust	trust	NN
32027	636	5	companies	company	NNS
32027	636	6	may	may	MD
32027	636	7	contribute	contribute	VB
32027	636	8	on	on	IN
32027	636	9	compliance	compliance	NN
32027	636	10	with	with	IN
32027	636	11	the	the	DT
32027	636	12	same	same	JJ
32027	636	13	conditions	condition	NNS
32027	636	14	as	as	IN
32027	636	15	national	national	JJ
32027	636	16	institutions	institution	NNS
32027	636	17	.	.	.
32027	637	1	If	if	IN
32027	637	2	,	,	,
32027	637	3	in	in	IN
32027	637	4	the	the	DT
32027	637	5	judgment	judgment	NN
32027	637	6	of	of	IN
32027	637	7	the	the	DT
32027	637	8	organization	organization	NNP
32027	637	9	committee	committee	NNP
32027	637	10	,	,	,
32027	637	11	the	the	DT
32027	637	12	amount	amount	NN
32027	637	13	of	of	IN
32027	637	14	stock	stock	NN
32027	637	15	thus	thus	RB
32027	637	16	subscribed	subscribe	VBD
32027	637	17	is	be	VBZ
32027	637	18	inadequate	inadequate	JJ
32027	637	19	,	,	,
32027	637	20	the	the	DT
32027	637	21	public	public	NN
32027	637	22	may	may	MD
32027	637	23	be	be	VB
32027	637	24	asked	ask	VBN
32027	637	25	to	to	TO
32027	637	26	subscribe	subscribe	VB
32027	637	27	,	,	,
32027	637	28	and	and	CC
32027	637	29	as	as	IN
32027	637	30	a	a	DT
32027	637	31	last	last	JJ
32027	637	32	resort	resort	NN
32027	637	33	stock	stock	NN
32027	637	34	sufficient	sufficient	JJ
32027	637	35	to	to	TO
32027	637	36	raise	raise	VB
32027	637	37	the	the	DT
32027	637	38	total	total	NN
32027	637	39	to	to	IN
32027	637	40	an	an	DT
32027	637	41	adequate	adequate	JJ
32027	637	42	figure	figure	NN
32027	637	43	may	may	MD
32027	637	44	be	be	VB
32027	637	45	sold	sell	VBN
32027	637	46	to	to	IN
32027	637	47	the	the	DT
32027	637	48	Federal	Federal	NNP
32027	637	49	Government	Government	NNP
32027	637	50	.	.	.
32027	638	1	Cooperation	cooperation	NN
32027	638	2	between	between	IN
32027	638	3	these	these	DT
32027	638	4	Federal	Federal	NNP
32027	638	5	Reserve	Reserve	NNP
32027	638	6	Banks	Banks	NNPS
32027	638	7	and	and	CC
32027	638	8	a	a	DT
32027	638	9	degree	degree	NN
32027	638	10	of	of	IN
32027	638	11	unity	unity	NN
32027	638	12	in	in	IN
32027	638	13	their	-PRON-	PRP$
32027	638	14	administration	administration	NN
32027	638	15	are	be	VBP
32027	638	16	provided	provide	VBN
32027	638	17	for	for	IN
32027	638	18	through	through	IN
32027	638	19	a	a	DT
32027	638	20	Federal	Federal	NNP
32027	638	21	Reserve	Reserve	NNP
32027	638	22	Board	Board	NNP
32027	638	23	of	of	IN
32027	638	24	seven	seven	CD
32027	638	25	members	member	NNS
32027	638	26	,	,	,
32027	638	27	two	two	CD
32027	638	28	ex	ex	FW
32027	638	29	officio	officio	NNP
32027	638	30	and	and	CC
32027	638	31	five	five	CD
32027	638	32	to	to	TO
32027	638	33	be	be	VB
32027	638	34	especially	especially	RB
32027	638	35	appointed	appoint	VBN
32027	638	36	by	by	IN
32027	638	37	the	the	DT
32027	638	38	President	President	NNP
32027	638	39	of	of	IN
32027	638	40	the	the	DT
32027	638	41	United	United	NNP
32027	638	42	States	States	NNP
32027	638	43	.	.	.
32027	639	1	For	for	IN
32027	639	2	the	the	DT
32027	639	3	administration	administration	NN
32027	639	4	of	of	IN
32027	639	5	each	each	DT
32027	639	6	Federal	Federal	NNP
32027	639	7	Reserve	Reserve	NNP
32027	639	8	Bank	Bank	NNP
32027	639	9	,	,	,
32027	639	10	a	a	DT
32027	639	11	board	board	NN
32027	639	12	of	of	IN
32027	639	13	directors	director	NNS
32027	639	14	of	of	IN
32027	639	15	nine	nine	CD
32027	639	16	members	member	NNS
32027	639	17	is	be	VBZ
32027	639	18	provided	provide	VBN
32027	639	19	for	for	IN
32027	639	20	,	,	,
32027	639	21	six	six	CD
32027	639	22	to	to	TO
32027	639	23	be	be	VB
32027	639	24	appointed	appoint	VBN
32027	639	25	by	by	IN
32027	639	26	the	the	DT
32027	639	27	member	member	NN
32027	639	28	banks	bank	NNS
32027	639	29	and	and	CC
32027	639	30	three	three	CD
32027	639	31	by	by	IN
32027	639	32	the	the	DT
32027	639	33	Federal	Federal	NNP
32027	639	34	Reserve	Reserve	NNP
32027	639	35	Board	Board	NNP
32027	639	36	,	,	,
32027	639	37	one	one	CD
32027	639	38	of	of	IN
32027	639	39	those	those	DT
32027	639	40	three	three	CD
32027	639	41	to	to	TO
32027	639	42	be	be	VB
32027	639	43	designated	designate	VBN
32027	639	44	as	as	IN
32027	639	45	Federal	Federal	NNP
32027	639	46	Reserve	Reserve	NNP
32027	639	47	Agent	Agent	NNP
32027	639	48	and	and	CC
32027	639	49	to	to	TO
32027	639	50	be	be	VB
32027	639	51	the	the	DT
32027	639	52	intermediary	intermediary	NN
32027	639	53	between	between	IN
32027	639	54	the	the	DT
32027	639	55	Federal	Federal	NNP
32027	639	56	Reserve	Reserve	NNP
32027	639	57	Board	Board	NNP
32027	639	58	and	and	CC
32027	639	59	the	the	DT
32027	639	60	bank	bank	NN
32027	639	61	of	of	IN
32027	639	62	whose	whose	WP$
32027	639	63	directorate	directorate	NN
32027	639	64	he	-PRON-	PRP
32027	639	65	is	be	VBZ
32027	639	66	a	a	DT
32027	639	67	member	member	NN
32027	639	68	.	.	.
32027	640	1	The	the	DT
32027	640	2	proposed	propose	VBN
32027	640	3	Federal	Federal	NNP
32027	640	4	Reserve	Reserve	NNP
32027	640	5	Banks	Banks	NNPS
32027	640	6	are	be	VBP
32027	640	7	to	to	TO
32027	640	8	hold	hold	VB
32027	640	9	a	a	DT
32027	640	10	part	part	NN
32027	640	11	of	of	IN
32027	640	12	the	the	DT
32027	640	13	reserves	reserve	NNS
32027	640	14	of	of	IN
32027	640	15	member	member	NN
32027	640	16	banks	bank	NNS
32027	640	17	and	and	CC
32027	640	18	to	to	TO
32027	640	19	rediscount	rediscount	VB
32027	640	20	commercial	commercial	JJ
32027	640	21	paper	paper	NN
32027	640	22	,	,	,
32027	640	23	administer	administer	NN
32027	640	24	exchange	exchange	NN
32027	640	25	accounts	account	VBZ
32027	640	26	,	,	,
32027	640	27	and	and	CC
32027	640	28	conduct	conduct	VB
32027	640	29	clearings	clearing	NNS
32027	640	30	for	for	IN
32027	640	31	them	-PRON-	PRP
32027	640	32	.	.	.
32027	641	1	They	-PRON-	PRP
32027	641	2	are	be	VBP
32027	641	3	also	also	RB
32027	641	4	to	to	TO
32027	641	5	serve	serve	VB
32027	641	6	as	as	IN
32027	641	7	depositories	depository	NNS
32027	641	8	for	for	IN
32027	641	9	the	the	DT
32027	641	10	United	United	NNP
32027	641	11	States	States	NNP
32027	641	12	government	government	NN
32027	641	13	,	,	,
32027	641	14	and	and	CC
32027	641	15	to	to	TO
32027	641	16	issue	issue	VB
32027	641	17	treasury	treasury	NNP
32027	641	18	notes	note	NNS
32027	641	19	obtained	obtain	VBN
32027	641	20	from	from	IN
32027	641	21	the	the	DT
32027	641	22	Federal	Federal	NNP
32027	641	23	Reserve	Reserve	NNP
32027	641	24	Board	Board	NNP
32027	641	25	in	in	IN
32027	641	26	exchange	exchange	NN
32027	641	27	for	for	IN
32027	641	28	rediscounted	rediscounted	JJ
32027	641	29	commercial	commercial	JJ
32027	641	30	bills	bill	NNS
32027	641	31	,	,	,
32027	641	32	these	these	DT
32027	641	33	notes	note	NNS
32027	641	34	to	to	TO
32027	641	35	be	be	VB
32027	641	36	redeemable	redeemable	JJ
32027	641	37	on	on	IN
32027	641	38	demand	demand	NN
32027	641	39	by	by	IN
32027	641	40	them	-PRON-	PRP
32027	641	41	and	and	CC
32027	641	42	to	to	TO
32027	641	43	be	be	VB
32027	641	44	a	a	DT
32027	641	45	first	first	JJ
32027	641	46	lien	lien	NN
32027	641	47	on	on	IN
32027	641	48	all	all	DT
32027	641	49	their	-PRON-	PRP$
32027	641	50	assets	asset	NNS
32027	641	51	.	.	.
32027	642	1	Their	-PRON-	PRP$
32027	642	2	retirement	retirement	NN
32027	642	3	,	,	,
32027	642	4	when	when	WRB
32027	642	5	the	the	DT
32027	642	6	need	need	NN
32027	642	7	for	for	IN
32027	642	8	them	-PRON-	PRP
32027	642	9	has	have	VBZ
32027	642	10	passed	pass	VBN
32027	642	11	,	,	,
32027	642	12	is	be	VBZ
32027	642	13	provided	provide	VBN
32027	642	14	for	for	IN
32027	642	15	by	by	IN
32027	642	16	the	the	DT
32027	642	17	requirement	requirement	NN
32027	642	18	that	that	IN
32027	642	19	no	no	DT
32027	642	20	Federal	Federal	NNP
32027	642	21	Reserve	Reserve	NNP
32027	642	22	Bank	Bank	NNP
32027	642	23	shall	shall	MD
32027	642	24	pay	pay	VB
32027	642	25	out	out	RP
32027	642	26	any	any	DT
32027	642	27	notes	note	NNS
32027	642	28	except	except	IN
32027	642	29	its	-PRON-	PRP$
32027	642	30	own	own	JJ
32027	642	31	,	,	,
32027	642	32	all	all	DT
32027	642	33	others	other	NNS
32027	642	34	being	be	VBG
32027	642	35	sent	send	VBN
32027	642	36	in	in	RP
32027	642	37	to	to	IN
32027	642	38	the	the	DT
32027	642	39	issuing	issue	VBG
32027	642	40	bank	bank	NN
32027	642	41	or	or	CC
32027	642	42	to	to	IN
32027	642	43	the	the	DT
32027	642	44	treasury	treasury	NN
32027	642	45	for	for	IN
32027	642	46	redemption	redemption	NN
32027	642	47	.	.	.
32027	643	1	Against	against	IN
32027	643	2	outstanding	outstanding	JJ
32027	643	3	note	note	NN
32027	643	4	issues	issue	VBZ
32027	643	5	a	a	DT
32027	643	6	reserve	reserve	NN
32027	643	7	of	of	IN
32027	643	8	at	at	RB
32027	643	9	least	least	RBS
32027	643	10	40	40	CD
32027	643	11	per	per	NN
32027	643	12	cent	cent	NN
32027	643	13	in	in	IN
32027	643	14	gold	gold	NN
32027	643	15	must	must	MD
32027	643	16	be	be	VB
32027	643	17	maintained	maintain	VBN
32027	643	18	,	,	,
32027	643	19	and	and	CC
32027	643	20	against	against	IN
32027	643	21	deposits	deposit	NNS
32027	643	22	one	one	CD
32027	643	23	of	of	IN
32027	643	24	at	at	RB
32027	643	25	least	least	JJS
32027	643	26	35	35	CD
32027	643	27	per	per	NN
32027	643	28	cent	cent	NN
32027	643	29	in	in	IN
32027	643	30	gold	gold	NN
32027	643	31	or	or	CC
32027	643	32	lawful	lawful	JJ
32027	643	33	money	money	NN
32027	643	34	.	.	.
32027	644	1	This	this	DT
32027	644	2	law	law	NN
32027	644	3	provides	provide	VBZ
32027	644	4	remedies	remedy	NNS
32027	644	5	for	for	IN
32027	644	6	the	the	DT
32027	644	7	chief	chief	JJ
32027	644	8	defects	defect	NNS
32027	644	9	of	of	IN
32027	644	10	our	-PRON-	PRP$
32027	644	11	system	system	NN
32027	644	12	;	;	:
32027	644	13	namely	namely	RB
32027	644	14	,	,	,
32027	644	15	a	a	DT
32027	644	16	market	market	NN
32027	644	17	for	for	IN
32027	644	18	commercial	commercial	JJ
32027	644	19	paper	paper	NN
32027	644	20	which	which	WDT
32027	644	21	will	will	MD
32027	644	22	enable	enable	VB
32027	644	23	a	a	DT
32027	644	24	properly	properly	RB
32027	644	25	conducted	conduct	VBN
32027	644	26	bank	bank	NN
32027	644	27	at	at	IN
32027	644	28	any	any	DT
32027	644	29	time	time	NN
32027	644	30	,	,	,
32027	644	31	through	through	IN
32027	644	32	rediscounts	rediscount	NNS
32027	644	33	,	,	,
32027	644	34	to	to	TO
32027	644	35	secure	secure	VB
32027	644	36	notes	note	NNS
32027	644	37	,	,	,
32027	644	38	legal	legal	JJ
32027	644	39	-	-	HYPH
32027	644	40	tender	tender	NN
32027	644	41	money	money	NN
32027	644	42	,	,	,
32027	644	43	or	or	CC
32027	644	44	checking	check	VBG
32027	644	45	accounts	account	NNS
32027	644	46	in	in	IN
32027	644	47	the	the	DT
32027	644	48	amounts	amount	NNS
32027	644	49	needed	need	VBN
32027	644	50	;	;	:
32027	644	51	a	a	DT
32027	644	52	system	system	NN
32027	644	53	of	of	IN
32027	644	54	note	note	NN
32027	644	55	issues	issue	NNS
32027	644	56	which	which	WDT
32027	644	57	will	will	MD
32027	644	58	fluctuate	fluctuate	VB
32027	644	59	automatically	automatically	RB
32027	644	60	with	with	IN
32027	644	61	the	the	DT
32027	644	62	needs	need	NNS
32027	644	63	of	of	IN
32027	644	64	commerce	commerce	NN
32027	644	65	for	for	IN
32027	644	66	hand	hand	NN
32027	644	67	-	-	HYPH
32027	644	68	to	to	IN
32027	644	69	-	-	HYPH
32027	644	70	hand	hand	NN
32027	644	71	money	money	NN
32027	644	72	;	;	:
32027	644	73	a	a	DT
32027	644	74	more	more	RBR
32027	644	75	economical	economical	JJ
32027	644	76	administration	administration	NN
32027	644	77	of	of	IN
32027	644	78	the	the	DT
32027	644	79	reserve	reserve	NN
32027	644	80	funds	fund	NNS
32027	644	81	of	of	IN
32027	644	82	the	the	DT
32027	644	83	country	country	NN
32027	644	84	,	,	,
32027	644	85	unattended	unattende	VBN
32027	644	86	by	by	IN
32027	644	87	the	the	DT
32027	644	88	dangers	danger	NNS
32027	644	89	of	of	IN
32027	644	90	the	the	DT
32027	644	91	present	present	JJ
32027	644	92	system	system	NN
32027	644	93	,	,	,
32027	644	94	and	and	CC
32027	644	95	an	an	DT
32027	644	96	administration	administration	NN
32027	644	97	of	of	IN
32027	644	98	the	the	DT
32027	644	99	funds	fund	NNS
32027	644	100	of	of	IN
32027	644	101	the	the	DT
32027	644	102	federal	federal	JJ
32027	644	103	government	government	NN
32027	644	104	which	which	WDT
32027	644	105	is	be	VBZ
32027	644	106	free	free	JJ
32027	644	107	from	from	IN
32027	644	108	the	the	DT
32027	644	109	evils	evil	NNS
32027	644	110	of	of	IN
32027	644	111	the	the	DT
32027	644	112	independent	independent	JJ
32027	644	113	treasury	treasury	NNP
32027	644	114	system	system	NN
32027	644	115	.	.	.
32027	645	1	CHAPTER	chapter	NN
32027	645	2	V	V	NNP
32027	645	3	COMMERCIAL	COMMERCIAL	NNP
32027	645	4	BANKING	BANKING	NNP
32027	645	5	IN	in	IN
32027	645	6	OTHER	other	JJ
32027	645	7	COUNTRIES	country	NNS
32027	645	8	In	in	IN
32027	645	9	contrast	contrast	NN
32027	645	10	with	with	IN
32027	645	11	that	that	DT
32027	645	12	of	of	IN
32027	645	13	the	the	DT
32027	645	14	United	United	NNP
32027	645	15	States	States	NNP
32027	645	16	,	,	,
32027	645	17	the	the	DT
32027	645	18	characteristic	characteristic	JJ
32027	645	19	features	feature	NNS
32027	645	20	of	of	IN
32027	645	21	the	the	DT
32027	645	22	commercial	commercial	JJ
32027	645	23	banking	banking	NN
32027	645	24	systems	system	NNS
32027	645	25	of	of	IN
32027	645	26	Europe	Europe	NNP
32027	645	27	are	be	VBP
32027	645	28	the	the	DT
32027	645	29	central	central	JJ
32027	645	30	bank	bank	NN
32027	645	31	performing	perform	VBG
32027	645	32	important	important	JJ
32027	645	33	functions	function	NNS
32027	645	34	for	for	IN
32027	645	35	all	all	DT
32027	645	36	other	other	JJ
32027	645	37	financial	financial	JJ
32027	645	38	institutions	institution	NNS
32027	645	39	and	and	CC
32027	645	40	for	for	IN
32027	645	41	the	the	DT
32027	645	42	government	government	NN
32027	645	43	;	;	:
32027	645	44	a	a	DT
32027	645	45	relatively	relatively	RB
32027	645	46	small	small	JJ
32027	645	47	number	number	NN
32027	645	48	of	of	IN
32027	645	49	large	large	JJ
32027	645	50	institutions	institution	NNS
32027	645	51	with	with	IN
32027	645	52	many	many	JJ
32027	645	53	branches	branch	NNS
32027	645	54	mediating	mediate	VBG
32027	645	55	between	between	IN
32027	645	56	the	the	DT
32027	645	57	central	central	JJ
32027	645	58	bank	bank	NN
32027	645	59	and	and	CC
32027	645	60	the	the	DT
32027	645	61	people	people	NNS
32027	645	62	;	;	:
32027	645	63	and	and	CC
32027	645	64	the	the	DT
32027	645	65	use	use	NN
32027	645	66	of	of	IN
32027	645	67	commercial	commercial	JJ
32027	645	68	and	and	CC
32027	645	69	bank	bank	NN
32027	645	70	bills	bill	NNS
32027	645	71	instead	instead	RB
32027	645	72	of	of	IN
32027	645	73	promissory	promissory	JJ
32027	645	74	notes	note	NNS
32027	645	75	as	as	IN
32027	645	76	the	the	DT
32027	645	77	chief	chief	JJ
32027	645	78	instruments	instrument	NNS
32027	645	79	of	of	IN
32027	645	80	loans	loan	NNS
32027	645	81	and	and	CC
32027	645	82	discounts	discount	NNS
32027	645	83	.	.	.
32027	646	1	_	_	NNP
32027	646	2	1	1	CD
32027	646	3	.	.	.
32027	647	1	Common	common	JJ
32027	647	2	Features	Features	NNPS
32027	647	3	_	_	VBP
32027	647	4	The	the	DT
32027	647	5	central	central	JJ
32027	647	6	banks	bank	NNS
32027	647	7	differ	differ	VBP
32027	647	8	considerably	considerably	RB
32027	647	9	in	in	IN
32027	647	10	organization	organization	NN
32027	647	11	and	and	CC
32027	647	12	business	business	NN
32027	647	13	methods	method	NNS
32027	647	14	,	,	,
32027	647	15	but	but	CC
32027	647	16	perform	perform	VB
32027	647	17	essentially	essentially	RB
32027	647	18	the	the	DT
32027	647	19	same	same	JJ
32027	647	20	functions	function	NNS
32027	647	21	;	;	:
32027	647	22	that	that	RB
32027	647	23	is	is	RB
32027	647	24	,	,	,
32027	647	25	they	-PRON-	PRP
32027	647	26	act	act	VBP
32027	647	27	as	as	IN
32027	647	28	financial	financial	JJ
32027	647	29	agents	agent	NNS
32027	647	30	for	for	IN
32027	647	31	their	-PRON-	PRP$
32027	647	32	respective	respective	JJ
32027	647	33	governments	government	NNS
32027	647	34	;	;	:
32027	647	35	discount	discount	NN
32027	647	36	high	high	JJ
32027	647	37	-	-	HYPH
32027	647	38	grade	grade	NN
32027	647	39	commercial	commercial	NN
32027	647	40	and	and	CC
32027	647	41	bankers	banker	NNS
32027	647	42	'	'	POS
32027	647	43	bills	bill	NNS
32027	647	44	for	for	IN
32027	647	45	other	other	JJ
32027	647	46	banks	bank	NNS
32027	647	47	and	and	CC
32027	647	48	usually	usually	RB
32027	647	49	for	for	IN
32027	647	50	private	private	JJ
32027	647	51	persons	person	NNS
32027	647	52	;	;	:
32027	647	53	administer	administer	VB
32027	647	54	the	the	DT
32027	647	55	cash	cash	NN
32027	647	56	reserves	reserve	NNS
32027	647	57	of	of	IN
32027	647	58	the	the	DT
32027	647	59	entire	entire	JJ
32027	647	60	country	country	NN
32027	647	61	;	;	:
32027	647	62	and	and	CC
32027	647	63	furnish	furnish	VB
32027	647	64	the	the	DT
32027	647	65	greater	great	JJR
32027	647	66	part	part	NN
32027	647	67	and	and	CC
32027	647	68	,	,	,
32027	647	69	in	in	IN
32027	647	70	some	some	DT
32027	647	71	cases	case	NNS
32027	647	72	,	,	,
32027	647	73	the	the	DT
32027	647	74	entire	entire	JJ
32027	647	75	supply	supply	NN
32027	647	76	of	of	IN
32027	647	77	bank	bank	NN
32027	647	78	notes	note	NNS
32027	647	79	.	.	.
32027	648	1	The	the	DT
32027	648	2	other	other	JJ
32027	648	3	large	large	JJ
32027	648	4	banks	bank	NNS
32027	648	5	do	do	VBP
32027	648	6	most	most	JJS
32027	648	7	of	of	IN
32027	648	8	the	the	DT
32027	648	9	business	business	NN
32027	648	10	with	with	IN
32027	648	11	the	the	DT
32027	648	12	public	public	NN
32027	648	13	,	,	,
32027	648	14	the	the	DT
32027	648	15	central	central	JJ
32027	648	16	bank	bank	NN
32027	648	17	's	's	POS
32027	648	18	relations	relation	NNS
32027	648	19	being	be	VBG
32027	648	20	chiefly	chiefly	RB
32027	648	21	with	with	IN
32027	648	22	them	-PRON-	PRP
32027	648	23	and	and	CC
32027	648	24	with	with	IN
32027	648	25	the	the	DT
32027	648	26	government	government	NN
32027	648	27	.	.	.
32027	649	1	They	-PRON-	PRP
32027	649	2	conduct	conduct	VBP
32027	649	3	checking	check	VBG
32027	649	4	accounts	account	NNS
32027	649	5	with	with	IN
32027	649	6	merchants	merchant	NNS
32027	649	7	,	,	,
32027	649	8	manufacturers	manufacturer	NNS
32027	649	9	,	,	,
32027	649	10	farmers	farmer	NNS
32027	649	11	,	,	,
32027	649	12	and	and	CC
32027	649	13	others	other	NNS
32027	649	14	;	;	:
32027	649	15	receive	receive	VB
32027	649	16	and	and	CC
32027	649	17	invest	invest	VB
32027	649	18	savings	saving	NNS
32027	649	19	deposits	deposit	NNS
32027	649	20	,	,	,
32027	649	21	and	and	CC
32027	649	22	deal	deal	VB
32027	649	23	in	in	IN
32027	649	24	certain	certain	JJ
32027	649	25	classes	class	NNS
32027	649	26	of	of	IN
32027	649	27	investment	investment	NN
32027	649	28	securities	security	NNS
32027	649	29	;	;	:
32027	649	30	conduct	conduct	VB
32027	649	31	the	the	DT
32027	649	32	domestic	domestic	JJ
32027	649	33	and	and	CC
32027	649	34	foreign	foreign	JJ
32027	649	35	exchanges	exchange	NNS
32027	649	36	;	;	:
32027	649	37	discount	discount	NN
32027	649	38	various	various	JJ
32027	649	39	kinds	kind	NNS
32027	649	40	of	of	IN
32027	649	41	commercial	commercial	JJ
32027	649	42	and	and	CC
32027	649	43	banking	banking	NN
32027	649	44	bills	bill	NNS
32027	649	45	,	,	,
32027	649	46	frequently	frequently	RB
32027	649	47	those	those	DT
32027	649	48	not	not	RB
32027	649	49	available	available	JJ
32027	649	50	for	for	IN
32027	649	51	discount	discount	NN
32027	649	52	at	at	IN
32027	649	53	the	the	DT
32027	649	54	central	central	JJ
32027	649	55	bank	bank	NN
32027	649	56	;	;	:
32027	649	57	and	and	CC
32027	649	58	make	make	VB
32027	649	59	advances	advance	NNS
32027	649	60	on	on	IN
32027	649	61	personal	personal	JJ
32027	649	62	and	and	CC
32027	649	63	other	other	JJ
32027	649	64	kinds	kind	NNS
32027	649	65	of	of	IN
32027	649	66	security	security	NN
32027	649	67	.	.	.
32027	650	1	Their	-PRON-	PRP$
32027	650	2	main	main	JJ
32027	650	3	offices	office	NNS
32027	650	4	are	be	VBP
32027	650	5	located	locate	VBN
32027	650	6	either	either	CC
32027	650	7	in	in	IN
32027	650	8	the	the	DT
32027	650	9	central	central	JJ
32027	650	10	money	money	NN
32027	650	11	market	market	NN
32027	650	12	of	of	IN
32027	650	13	the	the	DT
32027	650	14	country	country	NN
32027	650	15	or	or	CC
32027	650	16	in	in	IN
32027	650	17	important	important	JJ
32027	650	18	financial	financial	JJ
32027	650	19	centers	center	NNS
32027	650	20	,	,	,
32027	650	21	and	and	CC
32027	650	22	their	-PRON-	PRP$
32027	650	23	branches	branch	NNS
32027	650	24	are	be	VBP
32027	650	25	extended	extend	VBN
32027	650	26	to	to	IN
32027	650	27	all	all	DT
32027	650	28	places	place	NNS
32027	650	29	in	in	IN
32027	650	30	which	which	WDT
32027	650	31	banking	banking	NN
32027	650	32	facilities	facility	NNS
32027	650	33	are	be	VBP
32027	650	34	supposed	suppose	VBN
32027	650	35	to	to	TO
32027	650	36	be	be	VB
32027	650	37	needed	need	VBN
32027	650	38	.	.	.
32027	651	1	As	as	IN
32027	651	2	a	a	DT
32027	651	3	rule	rule	NN
32027	651	4	,	,	,
32027	651	5	they	-PRON-	PRP
32027	651	6	are	be	VBP
32027	651	7	less	less	RBR
32027	651	8	restricted	restrict	VBN
32027	651	9	by	by	IN
32027	651	10	legislative	legislative	JJ
32027	651	11	provisions	provision	NNS
32027	651	12	than	than	IN
32027	651	13	are	be	VBP
32027	651	14	the	the	DT
32027	651	15	national	national	JJ
32027	651	16	and	and	CC
32027	651	17	state	state	NN
32027	651	18	banks	bank	NNS
32027	651	19	and	and	CC
32027	651	20	trust	trust	NN
32027	651	21	companies	company	NNS
32027	651	22	of	of	IN
32027	651	23	the	the	DT
32027	651	24	United	United	NNP
32027	651	25	States	States	NNP
32027	651	26	,	,	,
32027	651	27	and	and	CC
32027	651	28	are	be	VBP
32027	651	29	less	less	RBR
32027	651	30	carefully	carefully	RB
32027	651	31	supervised	supervise	VBN
32027	651	32	and	and	CC
32027	651	33	inspected	inspect	VBN
32027	651	34	by	by	IN
32027	651	35	public	public	JJ
32027	651	36	officers	officer	NNS
32027	651	37	.	.	.
32027	652	1	Commercial	commercial	NN
32027	652	2	and	and	CC
32027	652	3	bankers	banker	NNS
32027	652	4	'	'	POS
32027	652	5	bills	bill	NNS
32027	652	6	are	be	VBP
32027	652	7	widely	widely	RB
32027	652	8	used	use	VBN
32027	652	9	as	as	IN
32027	652	10	credit	credit	NN
32027	652	11	instruments	instrument	NNS
32027	652	12	between	between	IN
32027	652	13	buyers	buyer	NNS
32027	652	14	and	and	CC
32027	652	15	sellers	seller	NNS
32027	652	16	and	and	CC
32027	652	17	between	between	IN
32027	652	18	bankers	banker	NNS
32027	652	19	and	and	CC
32027	652	20	their	-PRON-	PRP$
32027	652	21	customers	customer	NNS
32027	652	22	.	.	.
32027	653	1	A	a	DT
32027	653	2	common	common	JJ
32027	653	3	method	method	NN
32027	653	4	of	of	IN
32027	653	5	procedure	procedure	NN
32027	653	6	,	,	,
32027	653	7	when	when	WRB
32027	653	8	a	a	DT
32027	653	9	sale	sale	NN
32027	653	10	is	be	VBZ
32027	653	11	made	make	VBN
32027	653	12	on	on	IN
32027	653	13	time	time	NN
32027	653	14	,	,	,
32027	653	15	is	be	VBZ
32027	653	16	the	the	DT
32027	653	17	drawing	drawing	NN
32027	653	18	of	of	IN
32027	653	19	a	a	DT
32027	653	20	bill	bill	NN
32027	653	21	for	for	IN
32027	653	22	the	the	DT
32027	653	23	amount	amount	NN
32027	653	24	due	due	JJ
32027	653	25	,	,	,
32027	653	26	by	by	IN
32027	653	27	the	the	DT
32027	653	28	seller	seller	NN
32027	653	29	upon	upon	IN
32027	653	30	the	the	DT
32027	653	31	buyer	buyer	NN
32027	653	32	,	,	,
32027	653	33	payable	payable	JJ
32027	653	34	at	at	IN
32027	653	35	the	the	DT
32027	653	36	end	end	NN
32027	653	37	of	of	IN
32027	653	38	the	the	DT
32027	653	39	credit	credit	NN
32027	653	40	period	period	NN
32027	653	41	agreed	agree	VBD
32027	653	42	upon	upon	IN
32027	653	43	,	,	,
32027	653	44	and	and	CC
32027	653	45	accepted	accept	VBN
32027	653	46	by	by	IN
32027	653	47	the	the	DT
32027	653	48	buyer	buyer	NN
32027	653	49	,	,	,
32027	653	50	and	and	CC
32027	653	51	the	the	DT
32027	653	52	discount	discount	NN
32027	653	53	of	of	IN
32027	653	54	the	the	DT
32027	653	55	bill	bill	NN
32027	653	56	by	by	IN
32027	653	57	the	the	DT
32027	653	58	seller	seller	NN
32027	653	59	's	's	POS
32027	653	60	bank	bank	NN
32027	653	61	.	.	.
32027	654	1	In	in	IN
32027	654	2	foreign	foreign	JJ
32027	654	3	and	and	CC
32027	654	4	in	in	IN
32027	654	5	some	some	DT
32027	654	6	branches	branch	NNS
32027	654	7	of	of	IN
32027	654	8	domestic	domestic	JJ
32027	654	9	trade	trade	NN
32027	654	10	,	,	,
32027	654	11	the	the	DT
32027	654	12	banker	banker	NN
32027	654	13	's	's	POS
32027	654	14	bill	bill	NN
32027	654	15	is	be	VBZ
32027	654	16	used	use	VBN
32027	654	17	on	on	IN
32027	654	18	account	account	NN
32027	654	19	of	of	IN
32027	654	20	its	-PRON-	PRP$
32027	654	21	more	more	JJR
32027	654	22	general	general	JJ
32027	654	23	acceptability	acceptability	NN
32027	654	24	as	as	IN
32027	654	25	an	an	DT
32027	654	26	object	object	NN
32027	654	27	of	of	IN
32027	654	28	discount	discount	NN
32027	654	29	,	,	,
32027	654	30	such	such	JJ
32027	654	31	bills	bill	NNS
32027	654	32	usually	usually	RB
32027	654	33	being	be	VBG
32027	654	34	discountable	discountable	JJ
32027	654	35	by	by	IN
32027	654	36	the	the	DT
32027	654	37	central	central	JJ
32027	654	38	bank	bank	NN
32027	654	39	and	and	CC
32027	654	40	by	by	IN
32027	654	41	banks	bank	NNS
32027	654	42	far	far	RB
32027	654	43	distant	distant	JJ
32027	654	44	from	from	IN
32027	654	45	the	the	DT
32027	654	46	place	place	NN
32027	654	47	in	in	IN
32027	654	48	which	which	WDT
32027	654	49	the	the	DT
32027	654	50	bill	bill	NN
32027	654	51	originated	originate	VBD
32027	654	52	.	.	.
32027	655	1	In	in	IN
32027	655	2	case	case	NN
32027	655	3	a	a	DT
32027	655	4	buyer	buyer	NN
32027	655	5	desires	desire	NNS
32027	655	6	to	to	TO
32027	655	7	furnish	furnish	VB
32027	655	8	his	-PRON-	PRP$
32027	655	9	creditors	creditor	NNS
32027	655	10	with	with	IN
32027	655	11	bills	bill	NNS
32027	655	12	of	of	IN
32027	655	13	this	this	DT
32027	655	14	kind	kind	NN
32027	655	15	,	,	,
32027	655	16	he	-PRON-	PRP
32027	655	17	arranges	arrange	VBZ
32027	655	18	with	with	IN
32027	655	19	his	-PRON-	PRP$
32027	655	20	banker	banker	NN
32027	655	21	for	for	IN
32027	655	22	a	a	DT
32027	655	23	line	line	NN
32027	655	24	of	of	IN
32027	655	25	"	"	``
32027	655	26	acceptance	acceptance	NN
32027	655	27	"	"	''
32027	655	28	credit	credit	NN
32027	655	29	,	,	,
32027	655	30	which	which	WDT
32027	655	31	permits	permit	VBZ
32027	655	32	people	people	NNS
32027	655	33	who	who	WP
32027	655	34	sell	sell	VBP
32027	655	35	goods	good	NNS
32027	655	36	to	to	IN
32027	655	37	him	-PRON-	PRP
32027	655	38	to	to	TO
32027	655	39	draw	draw	VB
32027	655	40	bills	bill	NNS
32027	655	41	upon	upon	IN
32027	655	42	his	-PRON-	PRP$
32027	655	43	banker	banker	NN
32027	655	44	instead	instead	RB
32027	655	45	of	of	IN
32027	655	46	himself	-PRON-	PRP
32027	655	47	,	,	,
32027	655	48	the	the	DT
32027	655	49	banker	banker	NN
32027	655	50	agreeing	agree	VBG
32027	655	51	to	to	TO
32027	655	52	accept	accept	VB
32027	655	53	the	the	DT
32027	655	54	bill	bill	NN
32027	655	55	and	and	CC
32027	655	56	guaranteeing	guarantee	VBG
32027	655	57	its	-PRON-	PRP$
32027	655	58	payment	payment	NN
32027	655	59	at	at	IN
32027	655	60	maturity	maturity	NN
32027	655	61	.	.	.
32027	656	1	The	the	DT
32027	656	2	seller	seller	NN
32027	656	3	will	will	MD
32027	656	4	usually	usually	RB
32027	656	5	have	have	VB
32027	656	6	no	no	DT
32027	656	7	difficulty	difficulty	NN
32027	656	8	in	in	IN
32027	656	9	discounting	discount	VBG
32027	656	10	such	such	PDT
32027	656	11	a	a	DT
32027	656	12	bill	bill	NN
32027	656	13	at	at	IN
32027	656	14	his	-PRON-	PRP$
32027	656	15	own	own	JJ
32027	656	16	bank	bank	NN
32027	656	17	,	,	,
32027	656	18	no	no	RB
32027	656	19	matter	matter	RB
32027	656	20	how	how	WRB
32027	656	21	far	far	RB
32027	656	22	removed	remove	VBD
32027	656	23	it	-PRON-	PRP
32027	656	24	may	may	MD
32027	656	25	be	be	VB
32027	656	26	from	from	IN
32027	656	27	the	the	DT
32027	656	28	home	home	NN
32027	656	29	of	of	IN
32027	656	30	the	the	DT
32027	656	31	buyer	buyer	NN
32027	656	32	,	,	,
32027	656	33	the	the	DT
32027	656	34	character	character	NN
32027	656	35	of	of	IN
32027	656	36	the	the	DT
32027	656	37	accepting	accept	VBG
32027	656	38	bank	bank	NN
32027	656	39	being	be	VBG
32027	656	40	known	know	VBN
32027	656	41	throughout	throughout	IN
32027	656	42	the	the	DT
32027	656	43	financial	financial	JJ
32027	656	44	world	world	NN
32027	656	45	.	.	.
32027	657	1	"	"	``
32027	657	2	Acceptance	acceptance	NN
32027	657	3	lines	line	NNS
32027	657	4	"	"	``
32027	657	5	are	be	VBP
32027	657	6	usually	usually	RB
32027	657	7	granted	grant	VBN
32027	657	8	only	only	RB
32027	657	9	on	on	IN
32027	657	10	condition	condition	NN
32027	657	11	that	that	IN
32027	657	12	the	the	DT
32027	657	13	customer	customer	NN
32027	657	14	agrees	agree	VBZ
32027	657	15	to	to	TO
32027	657	16	supply	supply	VB
32027	657	17	the	the	DT
32027	657	18	bank	bank	NN
32027	657	19	with	with	IN
32027	657	20	the	the	DT
32027	657	21	funds	fund	NNS
32027	657	22	necessary	necessary	JJ
32027	657	23	for	for	IN
32027	657	24	meeting	meet	VBG
32027	657	25	the	the	DT
32027	657	26	accepted	accepted	JJ
32027	657	27	bills	bill	NNS
32027	657	28	as	as	IN
32027	657	29	they	-PRON-	PRP
32027	657	30	fall	fall	VBP
32027	657	31	due	due	JJ
32027	657	32	,	,	,
32027	657	33	and	and	CC
32027	657	34	to	to	TO
32027	657	35	pay	pay	VB
32027	657	36	a	a	DT
32027	657	37	fee	fee	NN
32027	657	38	for	for	IN
32027	657	39	the	the	DT
32027	657	40	accommodation	accommodation	NN
32027	657	41	.	.	.
32027	658	1	Ample	ample	JJ
32027	658	2	security	security	NN
32027	658	3	that	that	IN
32027	658	4	these	these	DT
32027	658	5	obligations	obligation	NNS
32027	658	6	will	will	MD
32027	658	7	be	be	VB
32027	658	8	met	meet	VBN
32027	658	9	is	be	VBZ
32027	658	10	usually	usually	RB
32027	658	11	demanded	demand	VBN
32027	658	12	.	.	.
32027	659	1	_	_	NNP
32027	659	2	2	2	CD
32027	659	3	.	.	.
32027	660	1	The	the	DT
32027	660	2	English	English	NNP
32027	660	3	System	System	NNP
32027	660	4	_	_	NNP
32027	660	5	In	in	IN
32027	660	6	the	the	DT
32027	660	7	English	english	JJ
32027	660	8	system	system	NN
32027	660	9	,	,	,
32027	660	10	the	the	DT
32027	660	11	central	central	JJ
32027	660	12	bank	bank	NN
32027	660	13	is	be	VBZ
32027	660	14	the	the	DT
32027	660	15	Bank	Bank	NNP
32027	660	16	of	of	IN
32027	660	17	England	England	NNP
32027	660	18	,	,	,
32027	660	19	with	with	IN
32027	660	20	the	the	DT
32027	660	21	possible	possible	JJ
32027	660	22	exception	exception	NN
32027	660	23	of	of	IN
32027	660	24	a	a	DT
32027	660	25	few	few	JJ
32027	660	26	private	private	JJ
32027	660	27	banks	bank	NNS
32027	660	28	,	,	,
32027	660	29	the	the	DT
32027	660	30	oldest	old	JJS
32027	660	31	financial	financial	JJ
32027	660	32	institution	institution	NN
32027	660	33	in	in	IN
32027	660	34	the	the	DT
32027	660	35	country	country	NN
32027	660	36	.	.	.
32027	661	1	It	-PRON-	PRP
32027	661	2	is	be	VBZ
32027	661	3	privately	privately	RB
32027	661	4	owned	own	VBN
32027	661	5	and	and	CC
32027	661	6	privately	privately	RB
32027	661	7	governed	govern	VBN
32027	661	8	.	.	.
32027	662	1	Its	-PRON-	PRP$
32027	662	2	board	board	NN
32027	662	3	of	of	IN
32027	662	4	directors	director	NNS
32027	662	5	,	,	,
32027	662	6	chosen	choose	VBN
32027	662	7	by	by	IN
32027	662	8	the	the	DT
32027	662	9	stockholders	stockholder	NNS
32027	662	10	,	,	,
32027	662	11	consists	consist	VBZ
32027	662	12	of	of	IN
32027	662	13	twenty	twenty	CD
32027	662	14	-	-	HYPH
32027	662	15	four	four	CD
32027	662	16	persons	person	NNS
32027	662	17	,	,	,
32027	662	18	a	a	DT
32027	662	19	portion	portion	NN
32027	662	20	of	of	IN
32027	662	21	whom	whom	WP
32027	662	22	are	be	VBP
32027	662	23	practically	practically	RB
32027	662	24	life	life	NN
32027	662	25	members	member	NNS
32027	662	26	,	,	,
32027	662	27	being	be	VBG
32027	662	28	regularly	regularly	RB
32027	662	29	reelected	reelect	VBN
32027	662	30	when	when	WRB
32027	662	31	their	-PRON-	PRP$
32027	662	32	terms	term	NNS
32027	662	33	of	of	IN
32027	662	34	office	office	NN
32027	662	35	expire	expire	NN
32027	662	36	.	.	.
32027	663	1	The	the	DT
32027	663	2	others	other	NNS
32027	663	3	usually	usually	RB
32027	663	4	serve	serve	VBP
32027	663	5	alternate	alternate	JJ
32027	663	6	years	year	NNS
32027	663	7	only	only	RB
32027	663	8	,	,	,
32027	663	9	vacancies	vacancy	NNS
32027	663	10	being	be	VBG
32027	663	11	filled	fill	VBN
32027	663	12	by	by	IN
32027	663	13	promising	promise	VBG
32027	663	14	young	young	JJ
32027	663	15	men	man	NNS
32027	663	16	selected	select	VBN
32027	663	17	from	from	IN
32027	663	18	the	the	DT
32027	663	19	business	business	NN
32027	663	20	houses	house	NNS
32027	663	21	of	of	IN
32027	663	22	London	London	NNP
32027	663	23	.	.	.
32027	664	1	The	the	DT
32027	664	2	oldest	old	JJS
32027	664	3	director	director	NN
32027	664	4	is	be	VBZ
32027	664	5	regularly	regularly	RB
32027	664	6	elected	elect	VBN
32027	664	7	to	to	IN
32027	664	8	the	the	DT
32027	664	9	office	office	NN
32027	664	10	of	of	IN
32027	664	11	governor	governor	NN
32027	664	12	of	of	IN
32027	664	13	the	the	DT
32027	664	14	Bank	Bank	NNP
32027	664	15	,	,	,
32027	664	16	and	and	CC
32027	664	17	the	the	DT
32027	664	18	next	next	JJ
32027	664	19	oldest	old	JJS
32027	664	20	to	to	IN
32027	664	21	that	that	DT
32027	664	22	of	of	IN
32027	664	23	deputy	deputy	NN
32027	664	24	governor	governor	NN
32027	664	25	,	,	,
32027	664	26	both	both	DT
32027	664	27	serving	serve	VBG
32027	664	28	two	two	CD
32027	664	29	years	year	NNS
32027	664	30	,	,	,
32027	664	31	the	the	DT
32027	664	32	deputy	deputy	JJ
32027	664	33	governor	governor	NN
32027	664	34	regularly	regularly	RB
32027	664	35	succeeding	succeed	VBG
32027	664	36	to	to	IN
32027	664	37	the	the	DT
32027	664	38	office	office	NN
32027	664	39	of	of	IN
32027	664	40	governor	governor	NN
32027	664	41	,	,	,
32027	664	42	and	and	CC
32027	664	43	the	the	DT
32027	664	44	ex	ex	NN
32027	664	45	-	-	NN
32027	664	46	governors	governor	NNS
32027	664	47	forming	form	VBG
32027	664	48	the	the	DT
32027	664	49	life	life	NN
32027	664	50	members	member	NNS
32027	664	51	of	of	IN
32027	664	52	the	the	DT
32027	664	53	board	board	NN
32027	664	54	and	and	CC
32027	664	55	constituting	constitute	VBG
32027	664	56	a	a	DT
32027	664	57	kind	kind	NN
32027	664	58	of	of	IN
32027	664	59	advisory	advisory	JJ
32027	664	60	council	council	NN
32027	664	61	to	to	IN
32027	664	62	the	the	DT
32027	664	63	governor	governor	NN
32027	664	64	,	,	,
32027	664	65	and	and	CC
32027	664	66	known	know	VBN
32027	664	67	as	as	IN
32027	664	68	the	the	DT
32027	664	69	Board	Board	NNP
32027	664	70	of	of	IN
32027	664	71	Treasury	Treasury	NNP
32027	664	72	.	.	.
32027	665	1	The	the	DT
32027	665	2	head	head	NN
32027	665	3	office	office	NN
32027	665	4	of	of	IN
32027	665	5	the	the	DT
32027	665	6	Bank	Bank	NNP
32027	665	7	of	of	IN
32027	665	8	England	England	NNP
32027	665	9	is	be	VBZ
32027	665	10	in	in	IN
32027	665	11	London	London	NNP
32027	665	12	,	,	,
32027	665	13	and	and	CC
32027	665	14	there	there	EX
32027	665	15	are	be	VBP
32027	665	16	eleven	eleven	CD
32027	665	17	branches	branch	NNS
32027	665	18	,	,	,
32027	665	19	two	two	CD
32027	665	20	in	in	IN
32027	665	21	London	London	NNP
32027	665	22	and	and	CC
32027	665	23	nine	nine	CD
32027	665	24	in	in	IN
32027	665	25	the	the	DT
32027	665	26	provinces	province	NNS
32027	665	27	.	.	.
32027	666	1	By	by	IN
32027	666	2	a	a	DT
32027	666	3	law	law	NN
32027	666	4	passed	pass	VBN
32027	666	5	in	in	IN
32027	666	6	1844	1844	CD
32027	666	7	,	,	,
32027	666	8	the	the	DT
32027	666	9	Bank	Bank	NNP
32027	666	10	was	be	VBD
32027	666	11	divided	divide	VBN
32027	666	12	into	into	IN
32027	666	13	two	two	CD
32027	666	14	departments	department	NNS
32027	666	15	,	,	,
32027	666	16	called	call	VBD
32027	666	17	respectively	respectively	RB
32027	666	18	the	the	DT
32027	666	19	banking	banking	NN
32027	666	20	and	and	CC
32027	666	21	the	the	DT
32027	666	22	issue	issue	NN
32027	666	23	departments	department	NNS
32027	666	24	,	,	,
32027	666	25	the	the	DT
32027	666	26	latter	latter	JJ
32027	666	27	having	have	VBG
32027	666	28	exclusive	exclusive	JJ
32027	666	29	charge	charge	NN
32027	666	30	of	of	IN
32027	666	31	the	the	DT
32027	666	32	issue	issue	NN
32027	666	33	of	of	IN
32027	666	34	notes	note	NNS
32027	666	35	,	,	,
32027	666	36	and	and	CC
32027	666	37	the	the	DT
32027	666	38	former	former	JJ
32027	666	39	of	of	IN
32027	666	40	all	all	DT
32027	666	41	other	other	JJ
32027	666	42	branches	branch	NNS
32027	666	43	of	of	IN
32027	666	44	the	the	DT
32027	666	45	bank	bank	NN
32027	666	46	's	's	POS
32027	666	47	business	business	NN
32027	666	48	.	.	.
32027	667	1	This	this	DT
32027	667	2	same	same	JJ
32027	667	3	law	law	NN
32027	667	4	prescribed	prescribe	VBD
32027	667	5	the	the	DT
32027	667	6	conditions	condition	NNS
32027	667	7	under	under	IN
32027	667	8	which	which	WDT
32027	667	9	notes	note	NNS
32027	667	10	could	could	MD
32027	667	11	be	be	VB
32027	667	12	issued	issue	VBN
32027	667	13	.	.	.
32027	668	1	It	-PRON-	PRP
32027	668	2	provided	provide	VBD
32027	668	3	that	that	IN
32027	668	4	the	the	DT
32027	668	5	Bank	Bank	NNP
32027	668	6	of	of	IN
32027	668	7	England	England	NNP
32027	668	8	might	may	MD
32027	668	9	issue	issue	VB
32027	668	10	£	£	$
32027	668	11	14,500,000	14,500,000	CD
32027	668	12	of	of	IN
32027	668	13	notes	note	NNS
32027	668	14	in	in	IN
32027	668	15	exchange	exchange	NN
32027	668	16	for	for	IN
32027	668	17	securities	security	NNS
32027	668	18	,	,	,
32027	668	19	and	and	CC
32027	668	20	any	any	DT
32027	668	21	amount	amount	NN
32027	668	22	in	in	IN
32027	668	23	addition	addition	NN
32027	668	24	in	in	IN
32027	668	25	exchange	exchange	NN
32027	668	26	for	for	IN
32027	668	27	an	an	DT
32027	668	28	equal	equal	JJ
32027	668	29	amount	amount	NN
32027	668	30	of	of	IN
32027	668	31	coin	coin	NN
32027	668	32	or	or	CC
32027	668	33	bullion	bullion	NN
32027	668	34	.	.	.
32027	669	1	Additions	addition	NNS
32027	669	2	to	to	IN
32027	669	3	the	the	DT
32027	669	4	amount	amount	NN
32027	669	5	issued	issue	VBN
32027	669	6	in	in	IN
32027	669	7	exchange	exchange	NN
32027	669	8	for	for	IN
32027	669	9	securities	security	NNS
32027	669	10	might	may	MD
32027	669	11	be	be	VB
32027	669	12	made	make	VBN
32027	669	13	by	by	IN
32027	669	14	order	order	NN
32027	669	15	of	of	IN
32027	669	16	the	the	DT
32027	669	17	government	government	NN
32027	669	18	to	to	IN
32027	669	19	the	the	DT
32027	669	20	extent	extent	NN
32027	669	21	of	of	IN
32027	669	22	two	two	CD
32027	669	23	-	-	HYPH
32027	669	24	thirds	third	NNS
32027	669	25	the	the	DT
32027	669	26	amount	amount	NN
32027	669	27	of	of	IN
32027	669	28	issues	issue	NNS
32027	669	29	relinquished	relinquish	VBN
32027	669	30	by	by	IN
32027	669	31	the	the	DT
32027	669	32	other	other	JJ
32027	669	33	issuing	issue	VBG
32027	669	34	banks	bank	NNS
32027	669	35	,	,	,
32027	669	36	all	all	DT
32027	669	37	such	such	JJ
32027	669	38	banks	bank	NNS
32027	669	39	in	in	IN
32027	669	40	existence	existence	NN
32027	669	41	at	at	IN
32027	669	42	the	the	DT
32027	669	43	time	time	NN
32027	669	44	the	the	DT
32027	669	45	act	act	NN
32027	669	46	was	be	VBD
32027	669	47	passed	pass	VBN
32027	669	48	being	be	VBG
32027	669	49	permitted	permit	VBN
32027	669	50	to	to	TO
32027	669	51	retain	retain	VB
32027	669	52	,	,	,
32027	669	53	without	without	IN
32027	669	54	increasing	increase	VBG
32027	669	55	,	,	,
32027	669	56	their	-PRON-	PRP$
32027	669	57	existing	exist	VBG
32027	669	58	issues	issue	NNS
32027	669	59	.	.	.
32027	670	1	Most	Most	JJS
32027	670	2	of	of	IN
32027	670	3	these	these	DT
32027	670	4	other	other	JJ
32027	670	5	issues	issue	NNS
32027	670	6	having	have	VBG
32027	670	7	been	be	VBN
32027	670	8	abandoned	abandon	VBN
32027	670	9	since	since	IN
32027	670	10	1844	1844	CD
32027	670	11	,	,	,
32027	670	12	the	the	DT
32027	670	13	Bank	Bank	NNP
32027	670	14	of	of	IN
32027	670	15	England	England	NNP
32027	670	16	is	be	VBZ
32027	670	17	now	now	RB
32027	670	18	permitted	permit	VBN
32027	670	19	to	to	TO
32027	670	20	issue	issue	VB
32027	670	21	in	in	IN
32027	670	22	exchange	exchange	NN
32027	670	23	for	for	IN
32027	670	24	securities	security	NNS
32027	670	25	£	£	$
32027	670	26	18,450,000	18,450,000	CD
32027	670	27	.	.	.
32027	671	1	The	the	DT
32027	671	2	securities	security	NNS
32027	671	3	against	against	IN
32027	671	4	which	which	WDT
32027	671	5	these	these	DT
32027	671	6	issues	issue	NNS
32027	671	7	are	be	VBP
32027	671	8	made	make	VBN
32027	671	9	were	be	VBD
32027	671	10	transferred	transfer	VBN
32027	671	11	to	to	IN
32027	671	12	the	the	DT
32027	671	13	issue	issue	NN
32027	671	14	department	department	NN
32027	671	15	by	by	IN
32027	671	16	the	the	DT
32027	671	17	banking	banking	NN
32027	671	18	department	department	NNP
32027	671	19	,	,	,
32027	671	20	and	and	CC
32027	671	21	consist	consist	VB
32027	671	22	of	of	IN
32027	671	23	the	the	DT
32027	671	24	debt	debt	NN
32027	671	25	owed	owe	VBN
32027	671	26	by	by	IN
32027	671	27	the	the	DT
32027	671	28	government	government	NN
32027	671	29	to	to	IN
32027	671	30	the	the	DT
32027	671	31	bank	bank	NN
32027	671	32	and	and	CC
32027	671	33	of	of	IN
32027	671	34	other	other	JJ
32027	671	35	government	government	NN
32027	671	36	or	or	CC
32027	671	37	governmentally	governmentally	RB
32027	671	38	guaranteed	guarantee	VBN
32027	671	39	securities	security	NNS
32027	671	40	.	.	.
32027	672	1	The	the	DT
32027	672	2	issue	issue	NN
32027	672	3	department	department	NN
32027	672	4	freely	freely	RB
32027	672	5	issues	issue	VBZ
32027	672	6	additional	additional	JJ
32027	672	7	notes	note	NNS
32027	672	8	in	in	IN
32027	672	9	exchange	exchange	NN
32027	672	10	for	for	IN
32027	672	11	an	an	DT
32027	672	12	equal	equal	JJ
32027	672	13	amount	amount	NN
32027	672	14	of	of	IN
32027	672	15	gold	gold	JJ
32027	672	16	coin	coin	NN
32027	672	17	or	or	CC
32027	672	18	bullion	bullion	NN
32027	672	19	,	,	,
32027	672	20	and	and	CC
32027	672	21	on	on	IN
32027	672	22	demand	demand	NN
32027	672	23	redeems	redeem	VBZ
32027	672	24	notes	note	NNS
32027	672	25	in	in	IN
32027	672	26	gold	gold	JJ
32027	672	27	coin	coin	NN
32027	672	28	.	.	.
32027	673	1	Since	since	IN
32027	673	2	the	the	DT
32027	673	3	amount	amount	NN
32027	673	4	of	of	IN
32027	673	5	notes	note	NNS
32027	673	6	all	all	PDT
32027	673	7	the	the	DT
32027	673	8	time	time	NN
32027	673	9	outstanding	outstanding	JJ
32027	673	10	greatly	greatly	RB
32027	673	11	exceeds	exceed	VBZ
32027	673	12	£	£	$
32027	673	13	18,450,000	18,450,000	CD
32027	673	14	,	,	,
32027	673	15	the	the	DT
32027	673	16	business	business	NN
32027	673	17	of	of	IN
32027	673	18	the	the	DT
32027	673	19	issue	issue	NN
32027	673	20	department	department	NN
32027	673	21	is	be	VBZ
32027	673	22	confined	confine	VBN
32027	673	23	to	to	IN
32027	673	24	the	the	DT
32027	673	25	exchange	exchange	NN
32027	673	26	of	of	IN
32027	673	27	notes	note	NNS
32027	673	28	for	for	IN
32027	673	29	gold	gold	JJ
32027	673	30	coin	coin	NN
32027	673	31	and	and	CC
32027	673	32	bullion	bullion	NN
32027	673	33	and	and	CC
32027	673	34	the	the	DT
32027	673	35	redemption	redemption	NN
32027	673	36	of	of	IN
32027	673	37	notes	note	NNS
32027	673	38	in	in	IN
32027	673	39	gold	gold	NN
32027	673	40	.	.	.
32027	674	1	The	the	DT
32027	674	2	banking	banking	NN
32027	674	3	department	department	NN
32027	674	4	receives	receive	VBZ
32027	674	5	and	and	CC
32027	674	6	disburses	disburse	VBZ
32027	674	7	the	the	DT
32027	674	8	funds	fund	NNS
32027	674	9	of	of	IN
32027	674	10	the	the	DT
32027	674	11	government	government	NN
32027	674	12	,	,	,
32027	674	13	manages	manage	VBZ
32027	674	14	the	the	DT
32027	674	15	public	public	JJ
32027	674	16	debt	debt	NN
32027	674	17	,	,	,
32027	674	18	and	and	CC
32027	674	19	serves	serve	VBZ
32027	674	20	as	as	IN
32027	674	21	the	the	DT
32027	674	22	government	government	NN
32027	674	23	's	's	POS
32027	674	24	agent	agent	NN
32027	674	25	in	in	IN
32027	674	26	most	most	JJS
32027	674	27	of	of	IN
32027	674	28	its	-PRON-	PRP$
32027	674	29	other	other	JJ
32027	674	30	financial	financial	JJ
32027	674	31	operations	operation	NNS
32027	674	32	;	;	,
32027	674	33	receives	receive	VBZ
32027	674	34	on	on	IN
32027	674	35	deposit	deposit	NN
32027	674	36	from	from	IN
32027	674	37	other	other	JJ
32027	674	38	financial	financial	JJ
32027	674	39	institutions	institution	NNS
32027	674	40	the	the	DT
32027	674	41	money	money	NN
32027	674	42	which	which	WDT
32027	674	43	comes	come	VBZ
32027	674	44	into	into	IN
32027	674	45	their	-PRON-	PRP$
32027	674	46	possession	possession	NN
32027	674	47	,	,	,
32027	674	48	and	and	CC
32027	674	49	supplies	supply	VBZ
32027	674	50	them	-PRON-	PRP
32027	674	51	with	with	IN
32027	674	52	such	such	JJ
32027	674	53	money	money	NN
32027	674	54	funds	fund	NNS
32027	674	55	as	as	IN
32027	674	56	they	-PRON-	PRP
32027	674	57	need	need	VBP
32027	674	58	from	from	IN
32027	674	59	day	day	NN
32027	674	60	to	to	IN
32027	674	61	day	day	NN
32027	674	62	in	in	IN
32027	674	63	payment	payment	NN
32027	674	64	of	of	IN
32027	674	65	checks	check	NNS
32027	674	66	drawn	draw	VBN
32027	674	67	against	against	IN
32027	674	68	their	-PRON-	PRP$
32027	674	69	balances	balance	NNS
32027	674	70	;	;	:
32027	674	71	discounts	discount	NNS
32027	674	72	bills	bill	NNS
32027	674	73	of	of	IN
32027	674	74	exchange	exchange	NN
32027	674	75	with	with	IN
32027	674	76	a	a	DT
32027	674	77	minimum	minimum	JJ
32027	674	78	maturity	maturity	NN
32027	674	79	of	of	IN
32027	674	80	four	four	CD
32027	674	81	,	,	,
32027	674	82	and	and	CC
32027	674	83	in	in	IN
32027	674	84	exceptional	exceptional	JJ
32027	674	85	cases	case	NNS
32027	674	86	six	six	CD
32027	674	87	,	,	,
32027	674	88	months	month	NNS
32027	674	89	;	;	:
32027	674	90	and	and	CC
32027	674	91	to	to	IN
32027	674	92	a	a	DT
32027	674	93	limited	limited	JJ
32027	674	94	extent	extent	NN
32027	674	95	makes	make	VBZ
32027	674	96	advances	advance	NNS
32027	674	97	on	on	IN
32027	674	98	and	and	CC
32027	674	99	invests	invest	NNS
32027	674	100	in	in	IN
32027	674	101	high	high	JJ
32027	674	102	-	-	HYPH
32027	674	103	grade	grade	NN
32027	674	104	public	public	JJ
32027	674	105	and	and	CC
32027	674	106	other	other	JJ
32027	674	107	securities	security	NNS
32027	674	108	.	.	.
32027	675	1	Besides	besides	IN
32027	675	2	the	the	DT
32027	675	3	English	english	JJ
32027	675	4	government	government	NN
32027	675	5	and	and	CC
32027	675	6	financial	financial	JJ
32027	675	7	institutions	institution	NNS
32027	675	8	,	,	,
32027	675	9	it	-PRON-	PRP
32027	675	10	has	have	VBZ
32027	675	11	other	other	JJ
32027	675	12	customers	customer	NNS
32027	675	13	,	,	,
32027	675	14	but	but	CC
32027	675	15	it	-PRON-	PRP
32027	675	16	is	be	VBZ
32027	675	17	to	to	TO
32027	675	18	be	be	VB
32027	675	19	presumed	presume	VBN
32027	675	20	that	that	IN
32027	675	21	these	these	DT
32027	675	22	are	be	VBP
32027	675	23	of	of	IN
32027	675	24	a	a	DT
32027	675	25	special	special	JJ
32027	675	26	character	character	NN
32027	675	27	,	,	,
32027	675	28	since	since	IN
32027	675	29	the	the	DT
32027	675	30	conditions	condition	NNS
32027	675	31	under	under	IN
32027	675	32	which	which	WDT
32027	675	33	it	-PRON-	PRP
32027	675	34	does	do	VBZ
32027	675	35	business	business	NN
32027	675	36	with	with	IN
32027	675	37	private	private	JJ
32027	675	38	persons	person	NNS
32027	675	39	are	be	VBP
32027	675	40	in	in	IN
32027	675	41	most	most	JJS
32027	675	42	cases	case	NNS
32027	675	43	more	more	RBR
32027	675	44	onerous	onerous	JJ
32027	675	45	than	than	IN
32027	675	46	those	those	DT
32027	675	47	prescribed	prescribe	VBN
32027	675	48	by	by	IN
32027	675	49	other	other	JJ
32027	675	50	banks	bank	NNS
32027	675	51	,	,	,
32027	675	52	and	and	CC
32027	675	53	consequently	consequently	RB
32027	675	54	not	not	RB
32027	675	55	attractive	attractive	JJ
32027	675	56	to	to	IN
32027	675	57	the	the	DT
32027	675	58	ordinary	ordinary	JJ
32027	675	59	business	business	NN
32027	675	60	man	man	NN
32027	675	61	.	.	.
32027	676	1	The	the	DT
32027	676	2	so	so	RB
32027	676	3	-	-	HYPH
32027	676	4	called	call	VBN
32027	676	5	English	English	NNP
32027	676	6	Joint	Joint	NNP
32027	676	7	-	-	HYPH
32027	676	8	Stock	Stock	NNP
32027	676	9	Banks	Banks	NNPS
32027	676	10	are	be	VBP
32027	676	11	classified	classify	VBN
32027	676	12	into	into	IN
32027	676	13	three	three	CD
32027	676	14	groups	group	NNS
32027	676	15	,	,	,
32027	676	16	known	know	VBN
32027	676	17	as	as	IN
32027	676	18	metropolitan	metropolitan	NNP
32027	676	19	,	,	,
32027	676	20	metropolitan	metropolitan	JJ
32027	676	21	and	and	CC
32027	676	22	provincial	provincial	JJ
32027	676	23	,	,	,
32027	676	24	and	and	CC
32027	676	25	provincial	provincial	JJ
32027	676	26	banks	bank	NNS
32027	676	27	.	.	.
32027	677	1	The	the	DT
32027	677	2	metropolitan	metropolitan	JJ
32027	677	3	banks	bank	NNS
32027	677	4	have	have	VBP
32027	677	5	their	-PRON-	PRP$
32027	677	6	head	head	NN
32027	677	7	offices	office	NNS
32027	677	8	in	in	IN
32027	677	9	London	London	NNP
32027	677	10	,	,	,
32027	677	11	and	and	CC
32027	677	12	do	do	VBP
32027	677	13	not	not	RB
32027	677	14	,	,	,
32027	677	15	as	as	IN
32027	677	16	a	a	DT
32027	677	17	rule	rule	NN
32027	677	18	,	,	,
32027	677	19	extend	extend	VB
32027	677	20	their	-PRON-	PRP$
32027	677	21	branches	branch	NNS
32027	677	22	beyond	beyond	IN
32027	677	23	the	the	DT
32027	677	24	suburbs	suburb	NNS
32027	677	25	of	of	IN
32027	677	26	the	the	DT
32027	677	27	metropolis	metropolis	NN
32027	677	28	.	.	.
32027	678	1	The	the	DT
32027	678	2	metropolitan	metropolitan	JJ
32027	678	3	and	and	CC
32027	678	4	provincial	provincial	JJ
32027	678	5	banks	bank	NNS
32027	678	6	have	have	VBP
32027	678	7	their	-PRON-	PRP$
32027	678	8	head	head	NN
32027	678	9	offices	office	NNS
32027	678	10	in	in	IN
32027	678	11	London	London	NNP
32027	678	12	and	and	CC
32027	678	13	branches	branch	NNS
32027	678	14	scattered	scatter	VBN
32027	678	15	throughout	throughout	IN
32027	678	16	the	the	DT
32027	678	17	provinces	province	NNS
32027	678	18	,	,	,
32027	678	19	as	as	RB
32027	678	20	well	well	RB
32027	678	21	as	as	IN
32027	678	22	in	in	IN
32027	678	23	various	various	JJ
32027	678	24	parts	part	NNS
32027	678	25	of	of	IN
32027	678	26	the	the	DT
32027	678	27	city	city	NN
32027	678	28	and	and	CC
32027	678	29	suburbs	suburb	NNS
32027	678	30	,	,	,
32027	678	31	and	and	CC
32027	678	32	the	the	DT
32027	678	33	provincial	provincial	JJ
32027	678	34	banks	bank	NNS
32027	678	35	have	have	VBP
32027	678	36	their	-PRON-	PRP$
32027	678	37	head	head	NN
32027	678	38	offices	office	NNS
32027	678	39	in	in	IN
32027	678	40	the	the	DT
32027	678	41	larger	large	JJR
32027	678	42	provincial	provincial	JJ
32027	678	43	cities	city	NNS
32027	678	44	,	,	,
32027	678	45	and	and	CC
32027	678	46	each	each	DT
32027	678	47	one	one	NN
32027	678	48	confines	confine	VBZ
32027	678	49	its	-PRON-	PRP$
32027	678	50	branches	branch	NNS
32027	678	51	usually	usually	RB
32027	678	52	to	to	IN
32027	678	53	the	the	DT
32027	678	54	town	town	NN
32027	678	55	and	and	CC
32027	678	56	country	country	NN
32027	678	57	districts	district	NNS
32027	678	58	tributary	tributary	JJ
32027	678	59	to	to	IN
32027	678	60	the	the	DT
32027	678	61	city	city	NN
32027	678	62	in	in	IN
32027	678	63	which	which	WDT
32027	678	64	its	-PRON-	PRP$
32027	678	65	head	head	NN
32027	678	66	office	office	NN
32027	678	67	is	be	VBZ
32027	678	68	situated	situate	VBN
32027	678	69	.	.	.
32027	679	1	Often	often	RB
32027	679	2	the	the	DT
32027	679	3	provincial	provincial	JJ
32027	679	4	banks	bank	NNS
32027	679	5	establish	establish	VBP
32027	679	6	branches	branch	NNS
32027	679	7	in	in	IN
32027	679	8	London	London	NNP
32027	679	9	.	.	.
32027	680	1	For	for	IN
32027	680	2	banking	banking	NN
32027	680	3	purposes	purpose	NNS
32027	680	4	,	,	,
32027	680	5	these	these	DT
32027	680	6	banks	bank	NNS
32027	680	7	are	be	VBP
32027	680	8	the	the	DT
32027	680	9	chief	chief	JJ
32027	680	10	reliance	reliance	NN
32027	680	11	of	of	IN
32027	680	12	the	the	DT
32027	680	13	agriculture	agriculture	NN
32027	680	14	,	,	,
32027	680	15	industry	industry	NN
32027	680	16	,	,	,
32027	680	17	and	and	CC
32027	680	18	commerce	commerce	NN
32027	680	19	of	of	IN
32027	680	20	the	the	DT
32027	680	21	country	country	NN
32027	680	22	,	,	,
32027	680	23	but	but	CC
32027	680	24	competing	compete	VBG
32027	680	25	with	with	IN
32027	680	26	and	and	CC
32027	680	27	supplementing	supplement	VBG
32027	680	28	them	-PRON-	PRP
32027	680	29	are	be	VBP
32027	680	30	the	the	DT
32027	680	31	bill	bill	NN
32027	680	32	brokers	broker	NNS
32027	680	33	and	and	CC
32027	680	34	discount	discount	NN
32027	680	35	houses	house	NNS
32027	680	36	,	,	,
32027	680	37	the	the	DT
32027	680	38	private	private	JJ
32027	680	39	banks	bank	NNS
32027	680	40	,	,	,
32027	680	41	and	and	CC
32027	680	42	the	the	DT
32027	680	43	foreign	foreign	JJ
32027	680	44	and	and	CC
32027	680	45	colonial	colonial	JJ
32027	680	46	banks	bank	NNS
32027	680	47	.	.	.
32027	681	1	The	the	DT
32027	681	2	bill	bill	NN
32027	681	3	brokers	broker	NNS
32027	681	4	and	and	CC
32027	681	5	discount	discount	NN
32027	681	6	houses	house	NNS
32027	681	7	make	make	VBP
32027	681	8	a	a	DT
32027	681	9	business	business	NN
32027	681	10	of	of	IN
32027	681	11	dealing	deal	VBG
32027	681	12	in	in	IN
32027	681	13	foreign	foreign	JJ
32027	681	14	and	and	CC
32027	681	15	domestic	domestic	JJ
32027	681	16	bills	bill	NNS
32027	681	17	of	of	IN
32027	681	18	exchange	exchange	NN
32027	681	19	.	.	.
32027	682	1	They	-PRON-	PRP
32027	682	2	buy	buy	VBP
32027	682	3	in	in	IN
32027	682	4	the	the	DT
32027	682	5	first	first	JJ
32027	682	6	instance	instance	NN
32027	682	7	a	a	DT
32027	682	8	large	large	JJ
32027	682	9	percentage	percentage	NN
32027	682	10	of	of	IN
32027	682	11	the	the	DT
32027	682	12	bills	bill	NNS
32027	682	13	brought	bring	VBN
32027	682	14	to	to	IN
32027	682	15	market	market	NN
32027	682	16	,	,	,
32027	682	17	keep	keep	VB
32027	682	18	some	some	DT
32027	682	19	of	of	IN
32027	682	20	them	-PRON-	PRP
32027	682	21	until	until	IN
32027	682	22	maturity	maturity	NN
32027	682	23	,	,	,
32027	682	24	and	and	CC
32027	682	25	sell	sell	VB
32027	682	26	the	the	DT
32027	682	27	remainder	remainder	NN
32027	682	28	to	to	IN
32027	682	29	the	the	DT
32027	682	30	other	other	JJ
32027	682	31	banks	bank	NNS
32027	682	32	,	,	,
32027	682	33	usually	usually	RB
32027	682	34	indorsing	indorse	VBG
32027	682	35	them	-PRON-	PRP
32027	682	36	first	first	RB
32027	682	37	.	.	.
32027	683	1	A	a	DT
32027	683	2	large	large	JJ
32027	683	3	part	part	NN
32027	683	4	of	of	IN
32027	683	5	the	the	DT
32027	683	6	capital	capital	NN
32027	683	7	employed	employ	VBN
32027	683	8	in	in	IN
32027	683	9	their	-PRON-	PRP$
32027	683	10	business	business	NN
32027	683	11	is	be	VBZ
32027	683	12	obtained	obtain	VBN
32027	683	13	by	by	IN
32027	683	14	loans	loan	NNS
32027	683	15	made	make	VBN
32027	683	16	from	from	IN
32027	683	17	the	the	DT
32027	683	18	other	other	JJ
32027	683	19	banks	bank	NNS
32027	683	20	,	,	,
32027	683	21	subject	subject	JJ
32027	683	22	to	to	IN
32027	683	23	call	call	NN
32027	683	24	and	and	CC
32027	683	25	secured	secure	VBN
32027	683	26	by	by	IN
32027	683	27	the	the	DT
32027	683	28	bills	bill	NNS
32027	683	29	they	-PRON-	PRP
32027	683	30	purchase	purchase	VBP
32027	683	31	deposited	deposit	VBN
32027	683	32	as	as	IN
32027	683	33	collateral	collateral	NN
32027	683	34	.	.	.
32027	684	1	The	the	DT
32027	684	2	private	private	JJ
32027	684	3	banks	bank	NNS
32027	684	4	are	be	VBP
32027	684	5	the	the	DT
32027	684	6	remnant	remnant	JJ
32027	684	7	left	leave	VBN
32027	684	8	of	of	IN
32027	684	9	the	the	DT
32027	684	10	oldest	old	JJS
32027	684	11	group	group	NN
32027	684	12	in	in	IN
32027	684	13	the	the	DT
32027	684	14	country	country	NN
32027	684	15	.	.	.
32027	685	1	There	there	EX
32027	685	2	were	be	VBD
32027	685	3	private	private	JJ
32027	685	4	banks	bank	NNS
32027	685	5	in	in	IN
32027	685	6	London	London	NNP
32027	685	7	centuries	century	NNS
32027	685	8	before	before	IN
32027	685	9	the	the	DT
32027	685	10	Bank	Bank	NNP
32027	685	11	of	of	IN
32027	685	12	England	England	NNP
32027	685	13	was	be	VBD
32027	685	14	incorporated	incorporate	VBN
32027	685	15	,	,	,
32027	685	16	and	and	CC
32027	685	17	previous	previous	JJ
32027	685	18	to	to	IN
32027	685	19	1826	1826	CD
32027	685	20	the	the	DT
32027	685	21	Bank	Bank	NNP
32027	685	22	of	of	IN
32027	685	23	England	England	NNP
32027	685	24	was	be	VBD
32027	685	25	their	-PRON-	PRP$
32027	685	26	only	only	JJ
32027	685	27	competitor	competitor	NN
32027	685	28	.	.	.
32027	686	1	Since	since	IN
32027	686	2	1844	1844	CD
32027	686	3	their	-PRON-	PRP$
32027	686	4	number	number	NN
32027	686	5	has	have	VBZ
32027	686	6	steadily	steadily	RB
32027	686	7	diminished	diminish	VBN
32027	686	8	.	.	.
32027	687	1	Those	those	DT
32027	687	2	which	which	WDT
32027	687	3	remain	remain	VBP
32027	687	4	have	have	VBP
32027	687	5	,	,	,
32027	687	6	as	as	IN
32027	687	7	a	a	DT
32027	687	8	rule	rule	NN
32027	687	9	,	,	,
32027	687	10	built	build	VBD
32027	687	11	up	up	RP
32027	687	12	a	a	DT
32027	687	13	special	special	JJ
32027	687	14	constituency	constituency	NN
32027	687	15	,	,	,
32027	687	16	to	to	IN
32027	687	17	the	the	DT
32027	687	18	special	special	JJ
32027	687	19	interests	interest	NNS
32027	687	20	of	of	IN
32027	687	21	which	which	WDT
32027	687	22	they	-PRON-	PRP
32027	687	23	cater	cater	VBP
32027	687	24	.	.	.
32027	688	1	Among	among	IN
32027	688	2	them	-PRON-	PRP
32027	688	3	are	be	VBP
32027	688	4	strong	strong	JJ
32027	688	5	institutions	institution	NNS
32027	688	6	,	,	,
32027	688	7	but	but	CC
32027	688	8	as	as	IN
32027	688	9	a	a	DT
32027	688	10	class	class	NN
32027	688	11	their	-PRON-	PRP$
32027	688	12	importance	importance	NN
32027	688	13	in	in	IN
32027	688	14	the	the	DT
32027	688	15	system	system	NN
32027	688	16	is	be	VBZ
32027	688	17	not	not	RB
32027	688	18	great	great	JJ
32027	688	19	,	,	,
32027	688	20	and	and	CC
32027	688	21	is	be	VBZ
32027	688	22	waning	wane	VBG
32027	688	23	.	.	.
32027	689	1	The	the	DT
32027	689	2	foreign	foreign	JJ
32027	689	3	and	and	CC
32027	689	4	colonial	colonial	JJ
32027	689	5	banks	bank	NNS
32027	689	6	are	be	VBP
32027	689	7	branches	branch	NNS
32027	689	8	of	of	IN
32027	689	9	important	important	JJ
32027	689	10	institutions	institution	NNS
32027	689	11	in	in	IN
32027	689	12	foreign	foreign	JJ
32027	689	13	countries	country	NNS
32027	689	14	and	and	CC
32027	689	15	the	the	DT
32027	689	16	English	english	JJ
32027	689	17	colonies	colony	NNS
32027	689	18	which	which	WDT
32027	689	19	have	have	VBP
32027	689	20	a	a	DT
32027	689	21	considerable	considerable	JJ
32027	689	22	volume	volume	NN
32027	689	23	of	of	IN
32027	689	24	business	business	NN
32027	689	25	to	to	TO
32027	689	26	transact	transact	VB
32027	689	27	in	in	IN
32027	689	28	London	London	NNP
32027	689	29	.	.	.
32027	690	1	They	-PRON-	PRP
32027	690	2	serve	serve	VBP
32027	690	3	as	as	IN
32027	690	4	intermediaries	intermediary	NNS
32027	690	5	between	between	IN
32027	690	6	their	-PRON-	PRP$
32027	690	7	respective	respective	JJ
32027	690	8	countries	country	NNS
32027	690	9	and	and	CC
32027	690	10	the	the	DT
32027	690	11	English	english	JJ
32027	690	12	money	money	NN
32027	690	13	market	market	NN
32027	690	14	,	,	,
32027	690	15	and	and	CC
32027	690	16	on	on	IN
32027	690	17	account	account	NN
32027	690	18	of	of	IN
32027	690	19	the	the	DT
32027	690	20	enormous	enormous	JJ
32027	690	21	volume	volume	NN
32027	690	22	of	of	IN
32027	690	23	foreign	foreign	JJ
32027	690	24	commerce	commerce	NN
32027	690	25	which	which	WDT
32027	690	26	is	be	VBZ
32027	690	27	financed	finance	VBN
32027	690	28	in	in	IN
32027	690	29	London	London	NNP
32027	690	30	,	,	,
32027	690	31	their	-PRON-	PRP$
32027	690	32	number	number	NN
32027	690	33	is	be	VBZ
32027	690	34	large	large	JJ
32027	690	35	,	,	,
32027	690	36	and	and	CC
32027	690	37	the	the	DT
32027	690	38	rôle	rôle	NNS
32027	690	39	they	-PRON-	PRP
32027	690	40	play	play	VBP
32027	690	41	on	on	IN
32027	690	42	that	that	DT
32027	690	43	market	market	NN
32027	690	44	is	be	VBZ
32027	690	45	important	important	JJ
32027	690	46	.	.	.
32027	691	1	In	in	IN
32027	691	2	the	the	DT
32027	691	3	operation	operation	NN
32027	691	4	of	of	IN
32027	691	5	this	this	DT
32027	691	6	machinery	machinery	NN
32027	691	7	,	,	,
32027	691	8	the	the	DT
32027	691	9	most	most	RBS
32027	691	10	noteworthy	noteworthy	JJ
32027	691	11	features	feature	NNS
32027	691	12	are	be	VBP
32027	691	13	the	the	DT
32027	691	14	reserve	reserve	NN
32027	691	15	system	system	NN
32027	691	16	,	,	,
32027	691	17	and	and	CC
32027	691	18	the	the	DT
32027	691	19	administration	administration	NN
32027	691	20	of	of	IN
32027	691	21	the	the	DT
32027	691	22	discount	discount	NN
32027	691	23	rate	rate	NN
32027	691	24	of	of	IN
32027	691	25	the	the	DT
32027	691	26	Bank	Bank	NNP
32027	691	27	of	of	IN
32027	691	28	England	England	NNP
32027	691	29	.	.	.
32027	692	1	There	there	EX
32027	692	2	is	be	VBZ
32027	692	3	no	no	DT
32027	692	4	law	law	NN
32027	692	5	on	on	IN
32027	692	6	the	the	DT
32027	692	7	English	english	JJ
32027	692	8	statute	statute	NN
32027	692	9	books	book	NNS
32027	692	10	prescribing	prescribe	VBG
32027	692	11	the	the	DT
32027	692	12	amount	amount	NN
32027	692	13	of	of	IN
32027	692	14	cash	cash	NN
32027	692	15	which	which	WDT
32027	692	16	banking	banking	NN
32027	692	17	or	or	CC
32027	692	18	other	other	JJ
32027	692	19	financial	financial	JJ
32027	692	20	institutions	institution	NNS
32027	692	21	shall	shall	MD
32027	692	22	keep	keep	VB
32027	692	23	in	in	IN
32027	692	24	their	-PRON-	PRP$
32027	692	25	vaults	vault	NNS
32027	692	26	.	.	.
32027	693	1	The	the	DT
32027	693	2	custom	custom	NN
32027	693	3	of	of	IN
32027	693	4	these	these	DT
32027	693	5	institutions	institution	NNS
32027	693	6	regarding	regard	VBG
32027	693	7	that	that	DT
32027	693	8	matter	matter	NN
32027	693	9	is	be	VBZ
32027	693	10	to	to	TO
32027	693	11	keep	keep	VB
32027	693	12	on	on	IN
32027	693	13	hand	hand	NN
32027	693	14	relatively	relatively	RB
32027	693	15	small	small	JJ
32027	693	16	sums	sum	NNS
32027	693	17	and	and	CC
32027	693	18	to	to	TO
32027	693	19	rely	rely	VB
32027	693	20	upon	upon	IN
32027	693	21	the	the	DT
32027	693	22	Bank	Bank	NNP
32027	693	23	of	of	IN
32027	693	24	England	England	NNP
32027	693	25	or	or	CC
32027	693	26	some	some	DT
32027	693	27	other	other	JJ
32027	693	28	London	London	NNP
32027	693	29	banking	banking	NN
32027	693	30	house	house	NN
32027	693	31	for	for	IN
32027	693	32	the	the	DT
32027	693	33	replenishment	replenishment	NN
32027	693	34	of	of	IN
32027	693	35	their	-PRON-	PRP$
32027	693	36	supply	supply	NN
32027	693	37	as	as	IN
32027	693	38	needed	need	VBN
32027	693	39	.	.	.
32027	694	1	For	for	IN
32027	694	2	this	this	DT
32027	694	3	purpose	purpose	NN
32027	694	4	,	,	,
32027	694	5	London	London	NNP
32027	694	6	and	and	CC
32027	694	7	many	many	JJ
32027	694	8	provincial	provincial	JJ
32027	694	9	banks	bank	NNS
32027	694	10	keep	keep	VB
32027	694	11	balances	balance	NNS
32027	694	12	with	with	IN
32027	694	13	the	the	DT
32027	694	14	Bank	Bank	NNP
32027	694	15	of	of	IN
32027	694	16	England	England	NNP
32027	694	17	,	,	,
32027	694	18	and	and	CC
32027	694	19	other	other	JJ
32027	694	20	banks	bank	NNS
32027	694	21	maintain	maintain	VBP
32027	694	22	balances	balance	NNS
32027	694	23	with	with	IN
32027	694	24	other	other	JJ
32027	694	25	London	London	NNP
32027	694	26	institutions	institution	NNS
32027	694	27	.	.	.
32027	695	1	These	these	DT
32027	695	2	balances	balance	NNS
32027	695	3	may	may	MD
32027	695	4	be	be	VB
32027	695	5	obtained	obtain	VBN
32027	695	6	by	by	IN
32027	695	7	the	the	DT
32027	695	8	deposit	deposit	NN
32027	695	9	of	of	IN
32027	695	10	coin	coin	NN
32027	695	11	or	or	CC
32027	695	12	Bank	Bank	NNP
32027	695	13	of	of	IN
32027	695	14	England	England	NNP
32027	695	15	notes	note	VBZ
32027	695	16	or	or	CC
32027	695	17	by	by	IN
32027	695	18	rediscounts	rediscount	NNS
32027	695	19	.	.	.
32027	696	1	Another	another	DT
32027	696	2	widely	widely	RB
32027	696	3	used	use	VBN
32027	696	4	resource	resource	NN
32027	696	5	is	be	VBZ
32027	696	6	the	the	DT
32027	696	7	calling	calling	NN
32027	696	8	of	of	IN
32027	696	9	loans	loan	NNS
32027	696	10	made	make	VBN
32027	696	11	to	to	IN
32027	696	12	bill	bill	NN
32027	696	13	brokers	broker	NNS
32027	696	14	or	or	CC
32027	696	15	discount	discount	NN
32027	696	16	houses	house	NNS
32027	696	17	.	.	.
32027	697	1	Such	such	JJ
32027	697	2	loans	loan	NNS
32027	697	3	or	or	CC
32027	697	4	a	a	DT
32027	697	5	considerable	considerable	JJ
32027	697	6	volume	volume	NN
32027	697	7	of	of	IN
32027	697	8	bills	bill	NNS
32027	697	9	of	of	IN
32027	697	10	the	the	DT
32027	697	11	kind	kind	NN
32027	697	12	discounted	discount	VBN
32027	697	13	by	by	IN
32027	697	14	the	the	DT
32027	697	15	Bank	Bank	NNP
32027	697	16	of	of	IN
32027	697	17	England	England	NNP
32027	697	18	,	,	,
32027	697	19	or	or	CC
32027	697	20	both	both	DT
32027	697	21	,	,	,
32027	697	22	are	be	VBP
32027	697	23	regularly	regularly	RB
32027	697	24	carried	carry	VBN
32027	697	25	by	by	IN
32027	697	26	London	London	NNP
32027	697	27	banks	bank	NNS
32027	697	28	and	and	CC
32027	697	29	counted	count	VBD
32027	697	30	as	as	IN
32027	697	31	a	a	DT
32027	697	32	part	part	NN
32027	697	33	of	of	IN
32027	697	34	their	-PRON-	PRP$
32027	697	35	reserves	reserve	NNS
32027	697	36	.	.	.
32027	698	1	On	on	IN
32027	698	2	account	account	NN
32027	698	3	of	of	IN
32027	698	4	these	these	DT
32027	698	5	practices	practice	NNS
32027	698	6	,	,	,
32027	698	7	surplus	surplus	JJ
32027	698	8	cash	cash	NN
32027	698	9	not	not	RB
32027	698	10	needed	need	VBN
32027	698	11	in	in	IN
32027	698	12	the	the	DT
32027	698	13	conduct	conduct	NN
32027	698	14	of	of	IN
32027	698	15	the	the	DT
32027	698	16	current	current	JJ
32027	698	17	business	business	NN
32027	698	18	of	of	IN
32027	698	19	the	the	DT
32027	698	20	country	country	NN
32027	698	21	speedily	speedily	RB
32027	698	22	finds	find	VBZ
32027	698	23	its	-PRON-	PRP$
32027	698	24	way	way	NN
32027	698	25	into	into	IN
32027	698	26	the	the	DT
32027	698	27	vaults	vault	NNS
32027	698	28	of	of	IN
32027	698	29	the	the	DT
32027	698	30	Bank	Bank	NNP
32027	698	31	of	of	IN
32027	698	32	England	England	NNP
32027	698	33	,	,	,
32027	698	34	and	and	CC
32027	698	35	additional	additional	JJ
32027	698	36	supplies	supply	NNS
32027	698	37	,	,	,
32027	698	38	when	when	WRB
32027	698	39	needed	need	VBN
32027	698	40	,	,	,
32027	698	41	come	come	VB
32027	698	42	from	from	IN
32027	698	43	this	this	DT
32027	698	44	source	source	NN
32027	698	45	.	.	.
32027	699	1	The	the	DT
32027	699	2	administration	administration	NN
32027	699	3	of	of	IN
32027	699	4	the	the	DT
32027	699	5	cash	cash	NN
32027	699	6	reserves	reserve	NNS
32027	699	7	of	of	IN
32027	699	8	the	the	DT
32027	699	9	country	country	NN
32027	699	10	thus	thus	RB
32027	699	11	becomes	become	VBZ
32027	699	12	one	one	CD
32027	699	13	of	of	IN
32027	699	14	the	the	DT
32027	699	15	important	important	JJ
32027	699	16	duties	duty	NNS
32027	699	17	of	of	IN
32027	699	18	the	the	DT
32027	699	19	Bank	Bank	NNP
32027	699	20	of	of	IN
32027	699	21	England	England	NNP
32027	699	22	,	,	,
32027	699	23	in	in	IN
32027	699	24	the	the	DT
32027	699	25	performance	performance	NN
32027	699	26	of	of	IN
32027	699	27	which	which	WDT
32027	699	28	variation	variation	NN
32027	699	29	of	of	IN
32027	699	30	the	the	DT
32027	699	31	rate	rate	NN
32027	699	32	charged	charge	VBN
32027	699	33	on	on	IN
32027	699	34	discounts	discount	NNS
32027	699	35	is	be	VBZ
32027	699	36	the	the	DT
32027	699	37	most	most	RBS
32027	699	38	important	important	JJ
32027	699	39	device	device	NN
32027	699	40	.	.	.
32027	700	1	Many	many	JJ
32027	700	2	years	year	NNS
32027	700	3	'	'	POS
32027	700	4	experience	experience	NN
32027	700	5	has	have	VBZ
32027	700	6	enabled	enable	VBN
32027	700	7	the	the	DT
32027	700	8	Bank	Bank	NNP
32027	700	9	to	to	TO
32027	700	10	determine	determine	VB
32027	700	11	with	with	IN
32027	700	12	a	a	DT
32027	700	13	considerable	considerable	JJ
32027	700	14	degree	degree	NN
32027	700	15	of	of	IN
32027	700	16	accuracy	accuracy	NN
32027	700	17	the	the	DT
32027	700	18	volume	volume	NN
32027	700	19	of	of	IN
32027	700	20	the	the	DT
32027	700	21	demands	demand	NNS
32027	700	22	for	for	IN
32027	700	23	cash	cash	NN
32027	700	24	likely	likely	JJ
32027	700	25	to	to	TO
32027	700	26	be	be	VB
32027	700	27	made	make	VBN
32027	700	28	upon	upon	IN
32027	700	29	it	-PRON-	PRP
32027	700	30	from	from	IN
32027	700	31	day	day	NN
32027	700	32	to	to	IN
32027	700	33	day	day	NN
32027	700	34	,	,	,
32027	700	35	and	and	CC
32027	700	36	consequently	consequently	RB
32027	700	37	the	the	DT
32027	700	38	amount	amount	NN
32027	700	39	that	that	IN
32027	700	40	it	-PRON-	PRP
32027	700	41	should	should	MD
32027	700	42	keep	keep	VB
32027	700	43	on	on	IN
32027	700	44	hand	hand	NN
32027	700	45	in	in	IN
32027	700	46	the	the	DT
32027	700	47	vaults	vault	NNS
32027	700	48	.	.	.
32027	701	1	Whenever	whenever	WRB
32027	701	2	this	this	DT
32027	701	3	amount	amount	NN
32027	701	4	approaches	approach	VBZ
32027	701	5	the	the	DT
32027	701	6	minimum	minimum	NN
32027	701	7	regarded	regard	VBN
32027	701	8	as	as	IN
32027	701	9	consistent	consistent	JJ
32027	701	10	with	with	IN
32027	701	11	safety	safety	NN
32027	701	12	,	,	,
32027	701	13	the	the	DT
32027	701	14	directors	director	NNS
32027	701	15	raise	raise	VBP
32027	701	16	the	the	DT
32027	701	17	rate	rate	NN
32027	701	18	of	of	IN
32027	701	19	discount	discount	NN
32027	701	20	,	,	,
32027	701	21	and	and	CC
32027	701	22	when	when	WRB
32027	701	23	the	the	DT
32027	701	24	amount	amount	NN
32027	701	25	on	on	IN
32027	701	26	hand	hand	NN
32027	701	27	becomes	become	VBZ
32027	701	28	excessive	excessive	JJ
32027	701	29	,	,	,
32027	701	30	they	-PRON-	PRP
32027	701	31	lower	lower	VBP
32027	701	32	it	-PRON-	PRP
32027	701	33	.	.	.
32027	702	1	The	the	DT
32027	702	2	efficiency	efficiency	NN
32027	702	3	of	of	IN
32027	702	4	this	this	DT
32027	702	5	procedure	procedure	NN
32027	702	6	in	in	IN
32027	702	7	increasing	increase	VBG
32027	702	8	the	the	DT
32027	702	9	reserves	reserve	NNS
32027	702	10	in	in	IN
32027	702	11	the	the	DT
32027	702	12	one	one	CD
32027	702	13	case	case	NN
32027	702	14	and	and	CC
32027	702	15	in	in	IN
32027	702	16	decreasing	decrease	VBG
32027	702	17	them	-PRON-	PRP
32027	702	18	in	in	IN
32027	702	19	the	the	DT
32027	702	20	other	other	JJ
32027	702	21	is	be	VBZ
32027	702	22	due	due	JJ
32027	702	23	to	to	IN
32027	702	24	certain	certain	JJ
32027	702	25	conditions	condition	NNS
32027	702	26	and	and	CC
32027	702	27	practices	practice	NNS
32027	702	28	which	which	WDT
32027	702	29	deserve	deserve	VBP
32027	702	30	attention	attention	NN
32027	702	31	at	at	IN
32027	702	32	this	this	DT
32027	702	33	point	point	NN
32027	702	34	.	.	.
32027	703	1	Long	long	RB
32027	703	2	-	-	HYPH
32027	703	3	established	establish	VBN
32027	703	4	custom	custom	NN
32027	703	5	has	have	VBZ
32027	703	6	made	make	VBN
32027	703	7	the	the	DT
32027	703	8	rate	rate	NN
32027	703	9	of	of	IN
32027	703	10	interest	interest	NN
32027	703	11	paid	pay	VBN
32027	703	12	on	on	IN
32027	703	13	deposits	deposit	NNS
32027	703	14	in	in	IN
32027	703	15	London	London	NNP
32027	703	16	and	and	CC
32027	703	17	other	other	JJ
32027	703	18	parts	part	NNS
32027	703	19	of	of	IN
32027	703	20	England	England	NNP
32027	703	21	vary	vary	VBP
32027	703	22	with	with	IN
32027	703	23	the	the	DT
32027	703	24	discount	discount	NN
32027	703	25	rate	rate	NN
32027	703	26	of	of	IN
32027	703	27	the	the	DT
32027	703	28	Bank	Bank	NNP
32027	703	29	,	,	,
32027	703	30	and	and	CC
32027	703	31	on	on	IN
32027	703	32	this	this	DT
32027	703	33	account	account	NN
32027	703	34	the	the	DT
32027	703	35	market	market	NN
32027	703	36	rate	rate	NN
32027	703	37	of	of	IN
32027	703	38	discount	discount	NN
32027	703	39	also	also	RB
32027	703	40	varies	vary	VBZ
32027	703	41	in	in	IN
32027	703	42	the	the	DT
32027	703	43	same	same	JJ
32027	703	44	manner	manner	NN
32027	703	45	.	.	.
32027	704	1	The	the	DT
32027	704	2	Bank	Bank	NNP
32027	704	3	of	of	IN
32027	704	4	England	England	NNP
32027	704	5	is	be	VBZ
32027	704	6	thus	thus	RB
32027	704	7	ordinarily	ordinarily	RB
32027	704	8	able	able	JJ
32027	704	9	to	to	TO
32027	704	10	regulate	regulate	VB
32027	704	11	the	the	DT
32027	704	12	market	market	NN
32027	704	13	for	for	IN
32027	704	14	commercial	commercial	JJ
32027	704	15	paper	paper	NN
32027	704	16	.	.	.
32027	705	1	Since	since	IN
32027	705	2	paper	paper	NN
32027	705	3	payable	payable	NN
32027	705	4	in	in	IN
32027	705	5	London	London	NNP
32027	705	6	is	be	VBZ
32027	705	7	a	a	DT
32027	705	8	favorite	favorite	JJ
32027	705	9	form	form	NN
32027	705	10	of	of	IN
32027	705	11	investment	investment	NN
32027	705	12	for	for	IN
32027	705	13	continental	continental	JJ
32027	705	14	bankers	banker	NNS
32027	705	15	,	,	,
32027	705	16	by	by	IN
32027	705	17	raising	raise	VBG
32027	705	18	its	-PRON-	PRP$
32027	705	19	rate	rate	NN
32027	705	20	of	of	IN
32027	705	21	discount	discount	NN
32027	705	22	and	and	CC
32027	705	23	with	with	IN
32027	705	24	it	-PRON-	PRP
32027	705	25	the	the	DT
32027	705	26	market	market	NN
32027	705	27	rate	rate	NN
32027	705	28	above	above	IN
32027	705	29	the	the	DT
32027	705	30	level	level	NN
32027	705	31	of	of	IN
32027	705	32	the	the	DT
32027	705	33	rates	rate	NNS
32027	705	34	of	of	IN
32027	705	35	some	some	DT
32027	705	36	or	or	CC
32027	705	37	all	all	DT
32027	705	38	of	of	IN
32027	705	39	the	the	DT
32027	705	40	continental	continental	JJ
32027	705	41	centers	centers	NNPS
32027	705	42	,	,	,
32027	705	43	the	the	DT
32027	705	44	Bank	Bank	NNP
32027	705	45	of	of	IN
32027	705	46	England	England	NNP
32027	705	47	is	be	VBZ
32027	705	48	able	able	JJ
32027	705	49	to	to	TO
32027	705	50	induce	induce	VB
32027	705	51	these	these	DT
32027	705	52	bankers	banker	NNS
32027	705	53	to	to	TO
32027	705	54	send	send	VB
32027	705	55	money	money	NN
32027	705	56	to	to	IN
32027	705	57	London	London	NNP
32027	705	58	for	for	IN
32027	705	59	investment	investment	NN
32027	705	60	and	and	CC
32027	705	61	thereby	thereby	RB
32027	705	62	to	to	TO
32027	705	63	increase	increase	VB
32027	705	64	her	-PRON-	PRP$
32027	705	65	reserves	reserve	NNS
32027	705	66	,	,	,
32027	705	67	and	and	CC
32027	705	68	by	by	IN
32027	705	69	lowering	lower	VBG
32027	705	70	its	-PRON-	PRP$
32027	705	71	rate	rate	NN
32027	705	72	below	below	IN
32027	705	73	the	the	DT
32027	705	74	level	level	NN
32027	705	75	of	of	IN
32027	705	76	the	the	DT
32027	705	77	rates	rate	NNS
32027	705	78	in	in	IN
32027	705	79	these	these	DT
32027	705	80	continental	continental	JJ
32027	705	81	centers	center	NNS
32027	705	82	,	,	,
32027	705	83	she	-PRON-	PRP
32027	705	84	is	be	VBZ
32027	705	85	able	able	JJ
32027	705	86	to	to	TO
32027	705	87	induce	induce	VB
32027	705	88	them	-PRON-	PRP
32027	705	89	to	to	TO
32027	705	90	sell	sell	VB
32027	705	91	some	some	DT
32027	705	92	of	of	IN
32027	705	93	the	the	DT
32027	705	94	paper	paper	NN
32027	705	95	they	-PRON-	PRP
32027	705	96	already	already	RB
32027	705	97	hold	hold	VBP
32027	705	98	,	,	,
32027	705	99	and	and	CC
32027	705	100	thus	thus	RB
32027	705	101	to	to	TO
32027	705	102	furnish	furnish	VB
32027	705	103	a	a	DT
32027	705	104	market	market	NN
32027	705	105	for	for	IN
32027	705	106	her	-PRON-	PRP$
32027	705	107	surplus	surplus	JJ
32027	705	108	funds	fund	NNS
32027	705	109	and	and	CC
32027	705	110	diminish	diminish	VB
32027	705	111	her	-PRON-	PRP$
32027	705	112	reserves	reserve	NNS
32027	705	113	.	.	.
32027	706	1	On	on	IN
32027	706	2	account	account	NN
32027	706	3	of	of	IN
32027	706	4	the	the	DT
32027	706	5	readiness	readiness	NN
32027	706	6	with	with	IN
32027	706	7	which	which	WDT
32027	706	8	the	the	DT
32027	706	9	international	international	JJ
32027	706	10	gold	gold	NN
32027	706	11	movement	movement	NN
32027	706	12	responds	respond	VBZ
32027	706	13	to	to	IN
32027	706	14	variations	variation	NNS
32027	706	15	in	in	IN
32027	706	16	the	the	DT
32027	706	17	discount	discount	NN
32027	706	18	rate	rate	NN
32027	706	19	of	of	IN
32027	706	20	the	the	DT
32027	706	21	Bank	Bank	NNP
32027	706	22	of	of	IN
32027	706	23	England	England	NNP
32027	706	24	,	,	,
32027	706	25	the	the	DT
32027	706	26	need	need	NN
32027	706	27	for	for	IN
32027	706	28	an	an	DT
32027	706	29	elastic	elastic	JJ
32027	706	30	system	system	NN
32027	706	31	of	of	IN
32027	706	32	bank	bank	NN
32027	706	33	note	note	NN
32027	706	34	issues	issue	NNS
32027	706	35	is	be	VBZ
32027	706	36	not	not	RB
32027	706	37	felt	feel	VBN
32027	706	38	in	in	IN
32027	706	39	England	England	NNP
32027	706	40	to	to	IN
32027	706	41	the	the	DT
32027	706	42	same	same	JJ
32027	706	43	extent	extent	NN
32027	706	44	as	as	IN
32027	706	45	in	in	IN
32027	706	46	other	other	JJ
32027	706	47	countries	country	NNS
32027	706	48	.	.	.
32027	707	1	It	-PRON-	PRP
32027	707	2	is	be	VBZ
32027	707	3	this	this	DT
32027	707	4	fact	fact	NN
32027	707	5	,	,	,
32027	707	6	doubtless	doubtless	RB
32027	707	7	,	,	,
32027	707	8	which	which	WDT
32027	707	9	explains	explain	VBZ
32027	707	10	the	the	DT
32027	707	11	retention	retention	NN
32027	707	12	to	to	IN
32027	707	13	the	the	DT
32027	707	14	present	present	JJ
32027	707	15	day	day	NN
32027	707	16	of	of	IN
32027	707	17	the	the	DT
32027	707	18	essentially	essentially	RB
32027	707	19	inelastic	inelastic	JJ
32027	707	20	bank	bank	NN
32027	707	21	note	note	NN
32027	707	22	system	system	NN
32027	707	23	created	create	VBN
32027	707	24	by	by	IN
32027	707	25	the	the	DT
32027	707	26	act	act	NN
32027	707	27	of	of	IN
32027	707	28	1844	1844	CD
32027	707	29	.	.	.
32027	708	1	_	_	NNP
32027	708	2	3	3	CD
32027	708	3	.	.	.
32027	709	1	The	the	DT
32027	709	2	French	french	JJ
32027	709	3	System	System	NNP
32027	709	4	_	_	NNP
32027	709	5	In	in	IN
32027	709	6	France	France	NNP
32027	709	7	,	,	,
32027	709	8	the	the	DT
32027	709	9	Bank	Bank	NNP
32027	709	10	of	of	IN
32027	709	11	France	France	NNP
32027	709	12	is	be	VBZ
32027	709	13	the	the	DT
32027	709	14	central	central	JJ
32027	709	15	institution	institution	NN
32027	709	16	.	.	.
32027	710	1	It	-PRON-	PRP
32027	710	2	is	be	VBZ
32027	710	3	the	the	DT
32027	710	4	oldest	old	JJS
32027	710	5	of	of	IN
32027	710	6	the	the	DT
32027	710	7	important	important	JJ
32027	710	8	French	french	JJ
32027	710	9	banks	bank	NNS
32027	710	10	of	of	IN
32027	710	11	the	the	DT
32027	710	12	present	present	JJ
32027	710	13	day	day	NN
32027	710	14	,	,	,
32027	710	15	having	have	VBG
32027	710	16	been	be	VBN
32027	710	17	established	establish	VBN
32027	710	18	in	in	IN
32027	710	19	1800	1800	CD
32027	710	20	by	by	IN
32027	710	21	Napoleon	Napoleon	NNP
32027	710	22	the	the	DT
32027	710	23	First	first	JJ
32027	710	24	.	.	.
32027	711	1	Its	-PRON-	PRP$
32027	711	2	capital	capital	NN
32027	711	3	,	,	,
32027	711	4	amounting	amount	VBG
32027	711	5	at	at	IN
32027	711	6	the	the	DT
32027	711	7	present	present	JJ
32027	711	8	time	time	NN
32027	711	9	to	to	IN
32027	711	10	182,500,000	182,500,000	CD
32027	711	11	francs	franc	NNS
32027	711	12	,	,	,
32027	711	13	or	or	CC
32027	711	14	approximately	approximately	RB
32027	711	15	$	$	$
32027	711	16	36,500,000	36,500,000	CD
32027	711	17	,	,	,
32027	711	18	is	be	VBZ
32027	711	19	supplied	supply	VBN
32027	711	20	by	by	IN
32027	711	21	about	about	RB
32027	711	22	30,000	30,000	CD
32027	711	23	private	private	JJ
32027	711	24	stockholders	stockholder	NNS
32027	711	25	,	,	,
32027	711	26	about	about	RB
32027	711	27	10,000	10,000	CD
32027	711	28	of	of	IN
32027	711	29	whom	whom	WP
32027	711	30	own	own	VBP
32027	711	31	only	only	RB
32027	711	32	one	one	CD
32027	711	33	share	share	NN
32027	711	34	each	each	DT
32027	711	35	.	.	.
32027	712	1	The	the	DT
32027	712	2	two	two	CD
32027	712	3	hundred	hundred	CD
32027	712	4	largest	large	JJS
32027	712	5	stockholders	stockholder	NNS
32027	712	6	appoint	appoint	VBP
32027	712	7	a	a	DT
32027	712	8	General	General	NNP
32027	712	9	Council	Council	NNP
32027	712	10	,	,	,
32027	712	11	consisting	consist	VBG
32027	712	12	of	of	IN
32027	712	13	fifteen	fifteen	CD
32027	712	14	regents	regent	NNS
32027	712	15	and	and	CC
32027	712	16	three	three	CD
32027	712	17	censors	censor	NNS
32027	712	18	.	.	.
32027	713	1	Five	five	CD
32027	713	2	regents	regent	NNS
32027	713	3	and	and	CC
32027	713	4	all	all	PDT
32027	713	5	the	the	DT
32027	713	6	censors	censor	NNS
32027	713	7	must	must	MD
32027	713	8	be	be	VB
32027	713	9	chosen	choose	VBN
32027	713	10	from	from	IN
32027	713	11	the	the	DT
32027	713	12	commercial	commercial	JJ
32027	713	13	and	and	CC
32027	713	14	industrial	industrial	JJ
32027	713	15	classes	class	NNS
32027	713	16	,	,	,
32027	713	17	and	and	CC
32027	713	18	three	three	CD
32027	713	19	of	of	IN
32027	713	20	the	the	DT
32027	713	21	remaining	remain	VBG
32027	713	22	ten	ten	CD
32027	713	23	regents	regent	NNS
32027	713	24	must	must	MD
32027	713	25	be	be	VB
32027	713	26	selected	select	VBN
32027	713	27	from	from	IN
32027	713	28	the	the	DT
32027	713	29	_	_	NNP
32027	713	30	tresoriers	tresorier	NNS
32027	713	31	payeurs	payeur	VBZ
32027	713	32	généreaux	généreaux	NNP
32027	713	33	_	_	NNP
32027	713	34	,	,	,
32027	713	35	an	an	DT
32027	713	36	important	important	JJ
32027	713	37	group	group	NN
32027	713	38	of	of	IN
32027	713	39	representatives	representative	NNS
32027	713	40	of	of	IN
32027	713	41	the	the	DT
32027	713	42	public	public	JJ
32027	713	43	treasury	treasury	NNP
32027	713	44	scattered	scatter	VBN
32027	713	45	throughout	throughout	IN
32027	713	46	the	the	DT
32027	713	47	country	country	NN
32027	713	48	.	.	.
32027	714	1	The	the	DT
32027	714	2	General	General	NNP
32027	714	3	Council	Council	NNP
32027	714	4	as	as	RB
32027	714	5	well	well	RB
32027	714	6	as	as	IN
32027	714	7	the	the	DT
32027	714	8	stockholders	stockholder	NNS
32027	714	9	'	'	POS
32027	714	10	assembly	assembly	NN
32027	714	11	is	be	VBZ
32027	714	12	presided	preside	VBN
32027	714	13	over	over	IN
32027	714	14	by	by	IN
32027	714	15	a	a	DT
32027	714	16	governor	governor	NN
32027	714	17	,	,	,
32027	714	18	who	who	WP
32027	714	19	,	,	,
32027	714	20	together	together	RB
32027	714	21	with	with	IN
32027	714	22	two	two	CD
32027	714	23	sub	sub	NN
32027	714	24	-	-	NN
32027	714	25	governors	governor	NNS
32027	714	26	,	,	,
32027	714	27	is	be	VBZ
32027	714	28	appointed	appoint	VBN
32027	714	29	by	by	IN
32027	714	30	the	the	DT
32027	714	31	President	President	NNP
32027	714	32	of	of	IN
32027	714	33	the	the	DT
32027	714	34	Republic	Republic	NNP
32027	714	35	upon	upon	IN
32027	714	36	the	the	DT
32027	714	37	nomination	nomination	NN
32027	714	38	of	of	IN
32027	714	39	the	the	DT
32027	714	40	Minister	Minister	NNP
32027	714	41	of	of	IN
32027	714	42	Finance	Finance	NNP
32027	714	43	.	.	.
32027	715	1	The	the	DT
32027	715	2	governor	governor	NN
32027	715	3	is	be	VBZ
32027	715	4	the	the	DT
32027	715	5	chief	chief	JJ
32027	715	6	executive	executive	JJ
32027	715	7	officer	officer	NN
32027	715	8	of	of	IN
32027	715	9	the	the	DT
32027	715	10	bank	bank	NN
32027	715	11	and	and	CC
32027	715	12	the	the	DT
32027	715	13	final	final	JJ
32027	715	14	source	source	NN
32027	715	15	of	of	IN
32027	715	16	authority	authority	NN
32027	715	17	in	in	IN
32027	715	18	most	most	JJS
32027	715	19	matters	matter	NNS
32027	715	20	of	of	IN
32027	715	21	vital	vital	JJ
32027	715	22	importance	importance	NN
32027	715	23	.	.	.
32027	716	1	He	-PRON-	PRP
32027	716	2	is	be	VBZ
32027	716	3	responsible	responsible	JJ
32027	716	4	to	to	IN
32027	716	5	the	the	DT
32027	716	6	government	government	NN
32027	716	7	rather	rather	RB
32027	716	8	than	than	IN
32027	716	9	to	to	IN
32027	716	10	the	the	DT
32027	716	11	stockholders	stockholder	NNS
32027	716	12	,	,	,
32027	716	13	and	and	CC
32027	716	14	is	be	VBZ
32027	716	15	subject	subject	JJ
32027	716	16	to	to	IN
32027	716	17	removal	removal	NN
32027	716	18	only	only	RB
32027	716	19	by	by	IN
32027	716	20	the	the	DT
32027	716	21	power	power	NN
32027	716	22	which	which	WDT
32027	716	23	appointed	appoint	VBD
32027	716	24	him	-PRON-	PRP
32027	716	25	.	.	.
32027	717	1	The	the	DT
32027	717	2	Bank	Bank	NNP
32027	717	3	of	of	IN
32027	717	4	France	France	NNP
32027	717	5	has	have	VBZ
32027	717	6	about	about	RB
32027	717	7	two	two	CD
32027	717	8	hundred	hundred	CD
32027	717	9	branches	branch	NNS
32027	717	10	and	and	CC
32027	717	11	sub	sub	NN
32027	717	12	-	-	HYPH
32027	717	13	branches	branch	NNS
32027	717	14	located	locate	VBN
32027	717	15	in	in	IN
32027	717	16	Paris	Paris	NNP
32027	717	17	and	and	CC
32027	717	18	all	all	PDT
32027	717	19	the	the	DT
32027	717	20	important	important	JJ
32027	717	21	cities	city	NNS
32027	717	22	and	and	CC
32027	717	23	towns	town	NNS
32027	717	24	in	in	IN
32027	717	25	the	the	DT
32027	717	26	Republic	Republic	NNP
32027	717	27	,	,	,
32027	717	28	also	also	RB
32027	717	29	over	over	IN
32027	717	30	three	three	CD
32027	717	31	hundred	hundred	CD
32027	717	32	so	so	RB
32027	717	33	-	-	HYPH
32027	717	34	called	call	VBN
32027	717	35	agencies	agency	NNS
32027	717	36	located	locate	VBN
32027	717	37	in	in	IN
32027	717	38	smaller	small	JJR
32027	717	39	places	place	NNS
32027	717	40	and	and	CC
32027	717	41	transacting	transact	VBG
32027	717	42	only	only	RB
32027	717	43	a	a	DT
32027	717	44	limited	limited	JJ
32027	717	45	line	line	NN
32027	717	46	of	of	IN
32027	717	47	business	business	NN
32027	717	48	.	.	.
32027	718	1	Each	each	DT
32027	718	2	branch	branch	NN
32027	718	3	has	have	VBZ
32027	718	4	a	a	DT
32027	718	5	manager	manager	NN
32027	718	6	appointed	appoint	VBN
32027	718	7	in	in	IN
32027	718	8	substantially	substantially	RB
32027	718	9	the	the	DT
32027	718	10	same	same	JJ
32027	718	11	manner	manner	NN
32027	718	12	as	as	IN
32027	718	13	the	the	DT
32027	718	14	governor	governor	NN
32027	718	15	,	,	,
32027	718	16	and	and	CC
32027	718	17	the	the	DT
32027	718	18	sub	sub	NN
32027	718	19	-	-	NNS
32027	718	20	branches	branch	NNS
32027	718	21	and	and	CC
32027	718	22	agencies	agency	NNS
32027	718	23	are	be	VBP
32027	718	24	administered	administer	VBN
32027	718	25	through	through	IN
32027	718	26	the	the	DT
32027	718	27	branches	branch	NNS
32027	718	28	.	.	.
32027	719	1	Through	through	IN
32027	719	2	this	this	DT
32027	719	3	network	network	NN
32027	719	4	of	of	IN
32027	719	5	offices	office	NNS
32027	719	6	,	,	,
32027	719	7	every	every	DT
32027	719	8	part	part	NN
32027	719	9	of	of	IN
32027	719	10	the	the	DT
32027	719	11	country	country	NN
32027	719	12	is	be	VBZ
32027	719	13	brought	bring	VBN
32027	719	14	into	into	IN
32027	719	15	direct	direct	JJ
32027	719	16	and	and	CC
32027	719	17	easy	easy	JJ
32027	719	18	access	access	NN
32027	719	19	to	to	IN
32027	719	20	the	the	DT
32027	719	21	Bank	Bank	NNP
32027	719	22	.	.	.
32027	720	1	The	the	DT
32027	720	2	Bank	Bank	NNP
32027	720	3	of	of	IN
32027	720	4	France	France	NNP
32027	720	5	is	be	VBZ
32027	720	6	the	the	DT
32027	720	7	only	only	JJ
32027	720	8	institution	institution	NN
32027	720	9	in	in	IN
32027	720	10	the	the	DT
32027	720	11	country	country	NN
32027	720	12	privileged	privilege	VBN
32027	720	13	to	to	TO
32027	720	14	issue	issue	VB
32027	720	15	circulating	circulate	VBG
32027	720	16	notes	note	NNS
32027	720	17	.	.	.
32027	721	1	The	the	DT
32027	721	2	maximum	maximum	NN
32027	721	3	allowed	allow	VBD
32027	721	4	it	-PRON-	PRP
32027	721	5	is	be	VBZ
32027	721	6	regulated	regulate	VBN
32027	721	7	by	by	IN
32027	721	8	law	law	NN
32027	721	9	and	and	CC
32027	721	10	is	be	VBZ
32027	721	11	increased	increase	VBN
32027	721	12	from	from	IN
32027	721	13	time	time	NN
32027	721	14	to	to	IN
32027	721	15	time	time	NN
32027	721	16	.	.	.
32027	722	1	At	at	IN
32027	722	2	present	present	JJ
32027	722	3	it	-PRON-	PRP
32027	722	4	amounts	amount	VBZ
32027	722	5	to	to	IN
32027	722	6	5,800,000,000	5,800,000,000	CD
32027	722	7	francs	franc	NNS
32027	722	8	,	,	,
32027	722	9	or	or	CC
32027	722	10	approximately	approximately	RB
32027	722	11	$	$	$
32027	722	12	1,160,000,000	1,160,000,000	CD
32027	722	13	.	.	.
32027	723	1	The	the	DT
32027	723	2	bank	bank	NN
32027	723	3	is	be	VBZ
32027	723	4	obliged	oblige	VBN
32027	723	5	to	to	TO
32027	723	6	redeem	redeem	VB
32027	723	7	these	these	DT
32027	723	8	notes	note	NNS
32027	723	9	on	on	IN
32027	723	10	demand	demand	NN
32027	723	11	in	in	IN
32027	723	12	gold	gold	JJ
32027	723	13	coin	coin	NN
32027	723	14	or	or	CC
32027	723	15	silver	silver	NN
32027	723	16	five	five	CD
32027	723	17	-	-	HYPH
32027	723	18	franc	franc	NN
32027	723	19	pieces	piece	NNS
32027	723	20	,	,	,
32027	723	21	but	but	CC
32027	723	22	it	-PRON-	PRP
32027	723	23	is	be	VBZ
32027	723	24	free	free	JJ
32027	723	25	to	to	TO
32027	723	26	determine	determine	VB
32027	723	27	how	how	WRB
32027	723	28	much	much	JJ
32027	723	29	cash	cash	NN
32027	723	30	it	-PRON-	PRP
32027	723	31	shall	shall	MD
32027	723	32	keep	keep	VB
32027	723	33	on	on	IN
32027	723	34	hand	hand	NN
32027	723	35	for	for	IN
32027	723	36	that	that	DT
32027	723	37	purpose	purpose	NN
32027	723	38	,	,	,
32027	723	39	and	and	CC
32027	723	40	when	when	WRB
32027	723	41	and	and	CC
32027	723	42	under	under	IN
32027	723	43	what	what	WDT
32027	723	44	conditions	condition	NNS
32027	723	45	it	-PRON-	PRP
32027	723	46	shall	shall	MD
32027	723	47	issue	issue	VB
32027	723	48	them	-PRON-	PRP
32027	723	49	.	.	.
32027	724	1	Its	-PRON-	PRP$
32027	724	2	discount	discount	NN
32027	724	3	operations	operation	NNS
32027	724	4	are	be	VBP
32027	724	5	limited	limit	VBN
32027	724	6	by	by	IN
32027	724	7	law	law	NN
32027	724	8	to	to	IN
32027	724	9	bills	bill	NNS
32027	724	10	maturing	mature	VBG
32027	724	11	in	in	IN
32027	724	12	not	not	RB
32027	724	13	more	more	JJR
32027	724	14	than	than	IN
32027	724	15	three	three	CD
32027	724	16	months	month	NNS
32027	724	17	,	,	,
32027	724	18	and	and	CC
32027	724	19	bearing	bear	VBG
32027	724	20	the	the	DT
32027	724	21	signatures	signature	NNS
32027	724	22	of	of	IN
32027	724	23	at	at	RB
32027	724	24	least	least	RBS
32027	724	25	three	three	CD
32027	724	26	solvent	solvent	NN
32027	724	27	persons	person	NNS
32027	724	28	,	,	,
32027	724	29	or	or	CC
32027	724	30	two	two	CD
32027	724	31	signatures	signature	NNS
32027	724	32	and	and	CC
32027	724	33	secured	secure	VBN
32027	724	34	in	in	IN
32027	724	35	addition	addition	NN
32027	724	36	by	by	IN
32027	724	37	specified	specified	JJ
32027	724	38	forms	form	NNS
32027	724	39	of	of	IN
32027	724	40	collateral	collateral	NN
32027	724	41	.	.	.
32027	725	1	It	-PRON-	PRP
32027	725	2	is	be	VBZ
32027	725	3	also	also	RB
32027	725	4	permitted	permit	VBN
32027	725	5	to	to	TO
32027	725	6	make	make	VB
32027	725	7	loans	loan	NNS
32027	725	8	or	or	CC
32027	725	9	advances	advance	NNS
32027	725	10	,	,	,
32027	725	11	as	as	IN
32027	725	12	they	-PRON-	PRP
32027	725	13	are	be	VBP
32027	725	14	called	call	VBN
32027	725	15	,	,	,
32027	725	16	on	on	IN
32027	725	17	securities	security	NNS
32027	725	18	of	of	IN
32027	725	19	the	the	DT
32027	725	20	French	french	JJ
32027	725	21	government	government	NN
32027	725	22	maturing	mature	VBG
32027	725	23	at	at	IN
32027	725	24	fixed	fix	VBN
32027	725	25	dates	date	NNS
32027	725	26	,	,	,
32027	725	27	gold	gold	NN
32027	725	28	and	and	CC
32027	725	29	silver	silver	NN
32027	725	30	bullion	bullion	NN
32027	725	31	,	,	,
32027	725	32	and	and	CC
32027	725	33	the	the	DT
32027	725	34	money	money	NN
32027	725	35	of	of	IN
32027	725	36	foreign	foreign	JJ
32027	725	37	countries	country	NNS
32027	725	38	,	,	,
32027	725	39	and	and	CC
32027	725	40	obligations	obligation	NNS
32027	725	41	of	of	IN
32027	725	42	the	the	DT
32027	725	43	French	french	JJ
32027	725	44	railroads	railroad	NNS
32027	725	45	,	,	,
32027	725	46	French	french	JJ
32027	725	47	cities	city	NNS
32027	725	48	,	,	,
32027	725	49	and	and	CC
32027	725	50	departments	department	NNS
32027	725	51	,	,	,
32027	725	52	the	the	DT
32027	725	53	Crédit	Crédit	NNP
32027	725	54	Foncier	Foncier	NNP
32027	725	55	,	,	,
32027	725	56	and	and	CC
32027	725	57	the	the	DT
32027	725	58	Société	Société	NNP
32027	725	59	Algerienne	Algerienne	NNP
32027	725	60	.	.	.
32027	726	1	It	-PRON-	PRP
32027	726	2	is	be	VBZ
32027	726	3	also	also	RB
32027	726	4	obliged	oblige	VBN
32027	726	5	to	to	TO
32027	726	6	loan	loan	NN
32027	726	7	180,000,000	180,000,000	CD
32027	726	8	francs	franc	NNS
32027	726	9	(	(	-LRB-
32027	726	10	$	$	$
32027	726	11	36,000,000	36,000,000	CD
32027	726	12	)	)	-RRB-
32027	726	13	to	to	IN
32027	726	14	the	the	DT
32027	726	15	government	government	NN
32027	726	16	without	without	IN
32027	726	17	interest	interest	NN
32027	726	18	.	.	.
32027	727	1	One	one	CD
32027	727	2	of	of	IN
32027	727	3	the	the	DT
32027	727	4	chief	chief	JJ
32027	727	5	branches	branch	NNS
32027	727	6	of	of	IN
32027	727	7	the	the	DT
32027	727	8	business	business	NN
32027	727	9	of	of	IN
32027	727	10	the	the	DT
32027	727	11	Bank	Bank	NNP
32027	727	12	of	of	IN
32027	727	13	France	France	NNP
32027	727	14	is	be	VBZ
32027	727	15	the	the	DT
32027	727	16	service	service	NN
32027	727	17	of	of	IN
32027	727	18	the	the	DT
32027	727	19	public	public	JJ
32027	727	20	treasury	treasury	NNP
32027	727	21	and	and	CC
32027	727	22	the	the	DT
32027	727	23	performance	performance	NN
32027	727	24	of	of	IN
32027	727	25	other	other	JJ
32027	727	26	financial	financial	JJ
32027	727	27	duties	duty	NNS
32027	727	28	imposed	impose	VBN
32027	727	29	upon	upon	IN
32027	727	30	it	-PRON-	PRP
32027	727	31	by	by	IN
32027	727	32	the	the	DT
32027	727	33	government	government	NN
32027	727	34	.	.	.
32027	728	1	It	-PRON-	PRP
32027	728	2	serves	serve	VBZ
32027	728	3	as	as	IN
32027	728	4	the	the	DT
32027	728	5	depository	depository	NN
32027	728	6	and	and	CC
32027	728	7	disbursing	disbursing	NN
32027	728	8	agent	agent	NN
32027	728	9	for	for	IN
32027	728	10	the	the	DT
32027	728	11	government	government	NN
32027	728	12	,	,	,
32027	728	13	and	and	CC
32027	728	14	performs	perform	VBZ
32027	728	15	important	important	JJ
32027	728	16	functions	function	NNS
32027	728	17	connected	connect	VBN
32027	728	18	with	with	IN
32027	728	19	the	the	DT
32027	728	20	public	public	JJ
32027	728	21	debt	debt	NN
32027	728	22	,	,	,
32027	728	23	the	the	DT
32027	728	24	mints	mint	NNS
32027	728	25	,	,	,
32027	728	26	the	the	DT
32027	728	27	savings	saving	NNS
32027	728	28	institutions	institution	NNS
32027	728	29	,	,	,
32027	728	30	and	and	CC
32027	728	31	publicly	publicly	RB
32027	728	32	administered	administer	VBN
32027	728	33	trusts	trust	NNS
32027	728	34	of	of	IN
32027	728	35	various	various	JJ
32027	728	36	kinds	kind	NNS
32027	728	37	.	.	.
32027	729	1	It	-PRON-	PRP
32027	729	2	is	be	VBZ
32027	729	3	also	also	RB
32027	729	4	the	the	DT
32027	729	5	depository	depository	NN
32027	729	6	for	for	IN
32027	729	7	the	the	DT
32027	729	8	banking	banking	NN
32027	729	9	reserves	reserve	NNS
32027	729	10	of	of	IN
32027	729	11	the	the	DT
32027	729	12	country	country	NN
32027	729	13	.	.	.
32027	730	1	In	in	IN
32027	730	2	France	France	NNP
32027	730	3	,	,	,
32027	730	4	as	as	IN
32027	730	5	in	in	IN
32027	730	6	England	England	NNP
32027	730	7	,	,	,
32027	730	8	it	-PRON-	PRP
32027	730	9	is	be	VBZ
32027	730	10	not	not	RB
32027	730	11	the	the	DT
32027	730	12	custom	custom	NN
32027	730	13	of	of	IN
32027	730	14	banking	banking	NN
32027	730	15	and	and	CC
32027	730	16	other	other	JJ
32027	730	17	financial	financial	JJ
32027	730	18	institutions	institution	NNS
32027	730	19	to	to	TO
32027	730	20	hoard	hoard	VB
32027	730	21	money	money	NN
32027	730	22	in	in	IN
32027	730	23	their	-PRON-	PRP$
32027	730	24	vaults	vault	NNS
32027	730	25	,	,	,
32027	730	26	but	but	CC
32027	730	27	to	to	TO
32027	730	28	depend	depend	VB
32027	730	29	upon	upon	IN
32027	730	30	the	the	DT
32027	730	31	Bank	Bank	NNP
32027	730	32	of	of	IN
32027	730	33	France	France	NNP
32027	730	34	for	for	IN
32027	730	35	supplies	supply	NNS
32027	730	36	as	as	IN
32027	730	37	needed	need	VBN
32027	730	38	.	.	.
32027	731	1	To	to	IN
32027	731	2	this	this	DT
32027	731	3	end	end	NN
32027	731	4	they	-PRON-	PRP
32027	731	5	keep	keep	VBP
32027	731	6	funds	fund	NNS
32027	731	7	on	on	IN
32027	731	8	deposit	deposit	NN
32027	731	9	there	there	RB
32027	731	10	,	,	,
32027	731	11	and	and	CC
32027	731	12	regularly	regularly	RB
32027	731	13	rediscount	rediscount	VB
32027	731	14	the	the	DT
32027	731	15	paper	paper	NN
32027	731	16	of	of	IN
32027	731	17	their	-PRON-	PRP$
32027	731	18	customers	customer	NNS
32027	731	19	when	when	WRB
32027	731	20	balances	balance	NNS
32027	731	21	need	need	VBP
32027	731	22	to	to	TO
32027	731	23	be	be	VB
32027	731	24	replenished	replenish	VBN
32027	731	25	.	.	.
32027	732	1	Through	through	IN
32027	732	2	its	-PRON-	PRP$
32027	732	3	network	network	NN
32027	732	4	of	of	IN
32027	732	5	branches	branch	NNS
32027	732	6	and	and	CC
32027	732	7	agencies	agency	NNS
32027	732	8	spread	spread	VBD
32027	732	9	over	over	IN
32027	732	10	the	the	DT
32027	732	11	entire	entire	JJ
32027	732	12	country	country	NN
32027	732	13	,	,	,
32027	732	14	the	the	DT
32027	732	15	Bank	Bank	NNP
32027	732	16	of	of	IN
32027	732	17	France	France	NNP
32027	732	18	is	be	VBZ
32027	732	19	able	able	JJ
32027	732	20	economically	economically	RB
32027	732	21	and	and	CC
32027	732	22	expeditiously	expeditiously	RB
32027	732	23	to	to	TO
32027	732	24	conduct	conduct	VB
32027	732	25	the	the	DT
32027	732	26	intermunicipal	intermunicipal	JJ
32027	732	27	exchanges	exchange	NNS
32027	732	28	of	of	IN
32027	732	29	the	the	DT
32027	732	30	country	country	NN
32027	732	31	.	.	.
32027	733	1	It	-PRON-	PRP
32027	733	2	participates	participate	VBZ
32027	733	3	in	in	IN
32027	733	4	local	local	JJ
32027	733	5	clearings	clearing	NNS
32027	733	6	through	through	IN
32027	733	7	membership	membership	NN
32027	733	8	in	in	IN
32027	733	9	the	the	DT
32027	733	10	clearing	clearing	NN
32027	733	11	houses	house	NNS
32027	733	12	,	,	,
32027	733	13	at	at	IN
32027	733	14	which	which	WDT
32027	733	15	balances	balance	NNS
32027	733	16	are	be	VBP
32027	733	17	paid	pay	VBN
32027	733	18	by	by	IN
32027	733	19	checks	check	NNS
32027	733	20	drawn	draw	VBN
32027	733	21	against	against	IN
32027	733	22	credits	credit	NNS
32027	733	23	on	on	IN
32027	733	24	its	-PRON-	PRP$
32027	733	25	books	book	NNS
32027	733	26	maintained	maintain	VBD
32027	733	27	for	for	IN
32027	733	28	that	that	DT
32027	733	29	purpose	purpose	NN
32027	733	30	by	by	IN
32027	733	31	all	all	DT
32027	733	32	members	member	NNS
32027	733	33	,	,	,
32027	733	34	and	and	CC
32027	733	35	it	-PRON-	PRP
32027	733	36	conducts	conduct	VBZ
32027	733	37	so	so	RB
32027	733	38	-	-	HYPH
32027	733	39	called	call	VBN
32027	733	40	transfer	transfer	NN
32027	733	41	accounts	account	NNS
32027	733	42	with	with	IN
32027	733	43	other	other	JJ
32027	733	44	banks	bank	NNS
32027	733	45	and	and	CC
32027	733	46	financial	financial	JJ
32027	733	47	institutions	institution	NNS
32027	733	48	against	against	IN
32027	733	49	which	which	WDT
32027	733	50	drafts	draft	NNS
32027	733	51	can	can	MD
32027	733	52	be	be	VB
32027	733	53	drawn	draw	VBN
32027	733	54	payable	payable	JJ
32027	733	55	at	at	IN
32027	733	56	any	any	DT
32027	733	57	place	place	NN
32027	733	58	where	where	WRB
32027	733	59	one	one	CD
32027	733	60	of	of	IN
32027	733	61	its	-PRON-	PRP$
32027	733	62	offices	office	NNS
32027	733	63	is	be	VBZ
32027	733	64	located	locate	VBN
32027	733	65	.	.	.
32027	734	1	Such	such	JJ
32027	734	2	drafts	draft	NNS
32027	734	3	constitute	constitute	VBP
32027	734	4	the	the	DT
32027	734	5	chief	chief	NN
32027	734	6	means	mean	VBZ
32027	734	7	through	through	IN
32027	734	8	which	which	WDT
32027	734	9	transfers	transfer	NNS
32027	734	10	of	of	IN
32027	734	11	funds	fund	NNS
32027	734	12	are	be	VBP
32027	734	13	made	make	VBN
32027	734	14	between	between	IN
32027	734	15	different	different	JJ
32027	734	16	places	place	NNS
32027	734	17	.	.	.
32027	735	1	The	the	DT
32027	735	2	business	business	NN
32027	735	3	of	of	IN
32027	735	4	the	the	DT
32027	735	5	Bank	Bank	NNP
32027	735	6	of	of	IN
32027	735	7	France	France	NNP
32027	735	8	with	with	IN
32027	735	9	private	private	JJ
32027	735	10	persons	person	NNS
32027	735	11	is	be	VBZ
32027	735	12	limited	limit	VBN
32027	735	13	by	by	IN
32027	735	14	the	the	DT
32027	735	15	requirement	requirement	NN
32027	735	16	that	that	IN
32027	735	17	all	all	DT
32027	735	18	paper	paper	NN
32027	735	19	discounted	discount	VBN
32027	735	20	must	must	MD
32027	735	21	have	have	VB
32027	735	22	three	three	CD
32027	735	23	signatures	signature	NNS
32027	735	24	,	,	,
32027	735	25	or	or	CC
32027	735	26	two	two	CD
32027	735	27	signatures	signature	NNS
32027	735	28	and	and	CC
32027	735	29	collateral	collateral	JJ
32027	735	30	security	security	NN
32027	735	31	,	,	,
32027	735	32	and	and	CC
32027	735	33	that	that	IN
32027	735	34	advances	advance	NNS
32027	735	35	can	can	MD
32027	735	36	only	only	RB
32027	735	37	be	be	VB
32027	735	38	made	make	VBN
32027	735	39	on	on	IN
32027	735	40	the	the	DT
32027	735	41	security	security	NN
32027	735	42	of	of	IN
32027	735	43	the	the	DT
32027	735	44	forms	form	NNS
32027	735	45	of	of	IN
32027	735	46	collateral	collateral	NN
32027	735	47	indicated	indicate	VBN
32027	735	48	above	above	RB
32027	735	49	.	.	.
32027	736	1	Most	Most	JJS
32027	736	2	business	business	NN
32027	736	3	men	man	NNS
32027	736	4	find	find	VBP
32027	736	5	it	-PRON-	PRP
32027	736	6	either	either	CC
32027	736	7	inconvenient	inconvenient	JJ
32027	736	8	or	or	CC
32027	736	9	impossible	impossible	JJ
32027	736	10	to	to	TO
32027	736	11	comply	comply	VB
32027	736	12	with	with	IN
32027	736	13	these	these	DT
32027	736	14	conditions	condition	NNS
32027	736	15	,	,	,
32027	736	16	and	and	CC
32027	736	17	consequently	consequently	RB
32027	736	18	transact	transact	VB
32027	736	19	most	most	JJS
32027	736	20	of	of	IN
32027	736	21	their	-PRON-	PRP$
32027	736	22	business	business	NN
32027	736	23	with	with	IN
32027	736	24	other	other	JJ
32027	736	25	banking	banking	NN
32027	736	26	institutions	institution	NNS
32027	736	27	.	.	.
32027	737	1	The	the	DT
32027	737	2	third	third	JJ
32027	737	3	signature	signature	NN
32027	737	4	on	on	IN
32027	737	5	paper	paper	NN
32027	737	6	discounted	discount	VBN
32027	737	7	by	by	IN
32027	737	8	the	the	DT
32027	737	9	Bank	Bank	NNP
32027	737	10	is	be	VBZ
32027	737	11	,	,	,
32027	737	12	therefore	therefore	RB
32027	737	13	,	,	,
32027	737	14	usually	usually	RB
32027	737	15	supplied	supply	VBN
32027	737	16	by	by	IN
32027	737	17	these	these	DT
32027	737	18	institutions	institution	NNS
32027	737	19	,	,	,
32027	737	20	which	which	WDT
32027	737	21	thus	thus	RB
32027	737	22	act	act	VBP
32027	737	23	as	as	IN
32027	737	24	an	an	DT
32027	737	25	intermediary	intermediary	NN
32027	737	26	between	between	IN
32027	737	27	the	the	DT
32027	737	28	Bank	Bank	NNP
32027	737	29	and	and	CC
32027	737	30	the	the	DT
32027	737	31	commercial	commercial	JJ
32027	737	32	world	world	NN
32027	737	33	.	.	.
32027	738	1	Next	next	RB
32027	738	2	to	to	IN
32027	738	3	the	the	DT
32027	738	4	Bank	Bank	NNP
32027	738	5	of	of	IN
32027	738	6	France	France	NNP
32027	738	7	,	,	,
32027	738	8	the	the	DT
32027	738	9	most	most	RBS
32027	738	10	important	important	JJ
32027	738	11	banking	banking	NN
32027	738	12	institutions	institution	NNS
32027	738	13	of	of	IN
32027	738	14	the	the	DT
32027	738	15	country	country	NN
32027	738	16	are	be	VBP
32027	738	17	the	the	DT
32027	738	18	Crédit	Crédit	NNP
32027	738	19	Foncier	Foncier	NNP
32027	738	20	,	,	,
32027	738	21	the	the	DT
32027	738	22	Crédit	Crédit	NNP
32027	738	23	Lyonnais	Lyonnais	NNP
32027	738	24	,	,	,
32027	738	25	the	the	DT
32027	738	26	Comptoir	Comptoir	NNP
32027	738	27	d'Escompte	d'Escompte	NNP
32027	738	28	de	de	NNP
32027	738	29	Paris	Paris	NNP
32027	738	30	,	,	,
32027	738	31	the	the	DT
32027	738	32	Société	Société	NNP
32027	738	33	Générale	Générale	NNP
32027	738	34	,	,	,
32027	738	35	and	and	CC
32027	738	36	the	the	DT
32027	738	37	Crédit	Crédit	NNP
32027	738	38	Industrielle	Industrielle	NNP
32027	738	39	et	et	FW
32027	738	40	Commercial	commercial	NN
32027	738	41	.	.	.
32027	739	1	The	the	DT
32027	739	2	Crédit	Crédit	NNP
32027	739	3	Foncier	Foncier	NNP
32027	739	4	is	be	VBZ
32027	739	5	principally	principally	RB
32027	739	6	engaged	engage	VBN
32027	739	7	in	in	IN
32027	739	8	extending	extend	VBG
32027	739	9	credit	credit	NN
32027	739	10	based	base	VBN
32027	739	11	on	on	IN
32027	739	12	real	real	JJ
32027	739	13	estate	estate	NN
32027	739	14	security	security	NN
32027	739	15	,	,	,
32027	739	16	but	but	CC
32027	739	17	it	-PRON-	PRP
32027	739	18	also	also	RB
32027	739	19	discounts	discount	VBZ
32027	739	20	large	large	JJ
32027	739	21	amounts	amount	NNS
32027	739	22	of	of	IN
32027	739	23	commercial	commercial	JJ
32027	739	24	paper	paper	NN
32027	739	25	.	.	.
32027	740	1	Its	-PRON-	PRP$
32027	740	2	organization	organization	NN
32027	740	3	is	be	VBZ
32027	740	4	modeled	model	VBN
32027	740	5	after	after	IN
32027	740	6	that	that	DT
32027	740	7	of	of	IN
32027	740	8	the	the	DT
32027	740	9	Bank	Bank	NNP
32027	740	10	of	of	IN
32027	740	11	France	France	NNP
32027	740	12	,	,	,
32027	740	13	and	and	CC
32027	740	14	,	,	,
32027	740	15	like	like	IN
32027	740	16	that	that	DT
32027	740	17	institution	institution	NN
32027	740	18	,	,	,
32027	740	19	it	-PRON-	PRP
32027	740	20	is	be	VBZ
32027	740	21	controlled	control	VBN
32027	740	22	by	by	IN
32027	740	23	the	the	DT
32027	740	24	state	state	NN
32027	740	25	.	.	.
32027	741	1	Since	since	IN
32027	741	2	it	-PRON-	PRP
32027	741	3	is	be	VBZ
32027	741	4	primarily	primarily	RB
32027	741	5	an	an	DT
32027	741	6	investment	investment	NN
32027	741	7	bank	bank	NN
32027	741	8	,	,	,
32027	741	9	a	a	DT
32027	741	10	description	description	NN
32027	741	11	of	of	IN
32027	741	12	its	-PRON-	PRP$
32027	741	13	principal	principal	JJ
32027	741	14	operations	operation	NNS
32027	741	15	will	will	MD
32027	741	16	be	be	VB
32027	741	17	deferred	defer	VBN
32027	741	18	to	to	IN
32027	741	19	the	the	DT
32027	741	20	next	next	JJ
32027	741	21	chapter	chapter	NN
32027	741	22	.	.	.
32027	742	1	The	the	DT
32027	742	2	four	four	CD
32027	742	3	other	other	JJ
32027	742	4	banks	bank	NNS
32027	742	5	mentioned	mention	VBN
32027	742	6	are	be	VBP
32027	742	7	a	a	DT
32027	742	8	product	product	NN
32027	742	9	of	of	IN
32027	742	10	the	the	DT
32027	742	11	commercial	commercial	JJ
32027	742	12	life	life	NN
32027	742	13	of	of	IN
32027	742	14	modern	modern	JJ
32027	742	15	France	France	NNP
32027	742	16	,	,	,
32027	742	17	all	all	DT
32027	742	18	having	have	VBG
32027	742	19	been	be	VBN
32027	742	20	established	establish	VBN
32027	742	21	since	since	IN
32027	742	22	the	the	DT
32027	742	23	revolution	revolution	NN
32027	742	24	of	of	IN
32027	742	25	1848	1848	CD
32027	742	26	.	.	.
32027	743	1	They	-PRON-	PRP
32027	743	2	are	be	VBP
32027	743	3	all	all	RB
32027	743	4	heavily	heavily	RB
32027	743	5	capitalized	capitalize	VBN
32027	743	6	,	,	,
32027	743	7	the	the	DT
32027	743	8	smallest	small	JJS
32027	743	9	,	,	,
32027	743	10	the	the	DT
32027	743	11	Crédit	Crédit	NNP
32027	743	12	Industrielle	Industrielle	NNP
32027	743	13	et	et	FW
32027	743	14	Commercial	Commercial	NNP
32027	743	15	,	,	,
32027	743	16	having	have	VBG
32027	743	17	a	a	DT
32027	743	18	capital	capital	NN
32027	743	19	of	of	IN
32027	743	20	100,000,000	100,000,000	CD
32027	743	21	francs	franc	NNS
32027	743	22	(	(	-LRB-
32027	743	23	$	$	$
32027	743	24	20,000,000	20,000,000	CD
32027	743	25	)	)	-RRB-
32027	743	26	,	,	,
32027	743	27	and	and	CC
32027	743	28	the	the	DT
32027	743	29	largest	large	JJS
32027	743	30	,	,	,
32027	743	31	the	the	DT
32027	743	32	Société	Société	NNP
32027	743	33	Générale	Générale	NNP
32027	743	34	,	,	,
32027	743	35	having	have	VBG
32027	743	36	a	a	DT
32027	743	37	capital	capital	NN
32027	743	38	of	of	IN
32027	743	39	400,000,000	400,000,000	CD
32027	743	40	francs	franc	NNS
32027	743	41	(	(	-LRB-
32027	743	42	$	$	$
32027	743	43	80,000,000	80,000,000	CD
32027	743	44	)	)	-RRB-
32027	743	45	,	,	,
32027	743	46	and	and	CC
32027	743	47	all	all	DT
32027	743	48	extend	extend	VBP
32027	743	49	their	-PRON-	PRP$
32027	743	50	business	business	NN
32027	743	51	by	by	IN
32027	743	52	means	mean	NNS
32027	743	53	of	of	IN
32027	743	54	branches	branch	NNS
32027	743	55	.	.	.
32027	744	1	The	the	DT
32027	744	2	Crédit	Crédit	NNP
32027	744	3	Lyonnais	Lyonnais	NNP
32027	744	4	and	and	CC
32027	744	5	the	the	DT
32027	744	6	Comptoir	Comptoir	NNP
32027	744	7	d'Escompte	d'Escompte	NNP
32027	744	8	have	have	VBP
32027	744	9	branches	branch	NNS
32027	744	10	in	in	IN
32027	744	11	France	France	NNP
32027	744	12	itself	-PRON-	PRP
32027	744	13	,	,	,
32027	744	14	the	the	DT
32027	744	15	French	french	JJ
32027	744	16	colonies	colony	NNS
32027	744	17	,	,	,
32027	744	18	and	and	CC
32027	744	19	a	a	DT
32027	744	20	number	number	NN
32027	744	21	of	of	IN
32027	744	22	foreign	foreign	JJ
32027	744	23	countries	country	NNS
32027	744	24	;	;	:
32027	744	25	the	the	DT
32027	744	26	Société	Société	NNP
32027	744	27	Générale	Générale	NNP
32027	744	28	,	,	,
32027	744	29	throughout	throughout	IN
32027	744	30	France	France	NNP
32027	744	31	,	,	,
32027	744	32	in	in	IN
32027	744	33	London	London	NNP
32027	744	34	,	,	,
32027	744	35	and	and	CC
32027	744	36	San	San	NNP
32027	744	37	Sebastian	Sebastian	NNP
32027	744	38	,	,	,
32027	744	39	Spain	Spain	NNP
32027	744	40	;	;	:
32027	744	41	and	and	CC
32027	744	42	the	the	DT
32027	744	43	Crédit	Crédit	NNP
32027	744	44	Industrielle	Industrielle	NNP
32027	744	45	et	et	FW
32027	744	46	Commercial	Commercial	NNP
32027	744	47	,	,	,
32027	744	48	in	in	IN
32027	744	49	Paris	Paris	NNP
32027	744	50	and	and	CC
32027	744	51	its	-PRON-	PRP$
32027	744	52	suburbs	suburb	NNS
32027	744	53	.	.	.
32027	745	1	Taken	take	VBN
32027	745	2	together	together	RB
32027	745	3	,	,	,
32027	745	4	these	these	DT
32027	745	5	four	four	CD
32027	745	6	institutions	institution	NNS
32027	745	7	supply	supply	VBP
32027	745	8	the	the	DT
32027	745	9	French	french	JJ
32027	745	10	people	people	NNS
32027	745	11	in	in	IN
32027	745	12	Paris	Paris	NNP
32027	745	13	and	and	CC
32027	745	14	the	the	DT
32027	745	15	Provinces	province	NNS
32027	745	16	with	with	IN
32027	745	17	banking	banking	NN
32027	745	18	facilities	facility	NNS
32027	745	19	for	for	IN
32027	745	20	both	both	CC
32027	745	21	their	-PRON-	PRP$
32027	745	22	domestic	domestic	JJ
32027	745	23	and	and	CC
32027	745	24	their	-PRON-	PRP$
32027	745	25	foreign	foreign	JJ
32027	745	26	business	business	NN
32027	745	27	.	.	.
32027	746	1	While	while	IN
32027	746	2	in	in	IN
32027	746	3	some	some	DT
32027	746	4	of	of	IN
32027	746	5	the	the	DT
32027	746	6	larger	large	JJR
32027	746	7	provincial	provincial	JJ
32027	746	8	cities	city	NNS
32027	746	9	local	local	JJ
32027	746	10	banks	bank	NNS
32027	746	11	with	with	IN
32027	746	12	branches	branch	NNS
32027	746	13	in	in	IN
32027	746	14	surrounding	surround	VBG
32027	746	15	towns	town	NNS
32027	746	16	and	and	CC
32027	746	17	sometimes	sometimes	RB
32027	746	18	in	in	IN
32027	746	19	Paris	Paris	NNP
32027	746	20	are	be	VBP
32027	746	21	to	to	TO
32027	746	22	be	be	VB
32027	746	23	found	find	VBN
32027	746	24	,	,	,
32027	746	25	branches	branch	NNS
32027	746	26	of	of	IN
32027	746	27	one	one	CD
32027	746	28	or	or	CC
32027	746	29	more	more	JJR
32027	746	30	of	of	IN
32027	746	31	these	these	DT
32027	746	32	four	four	CD
32027	746	33	institutions	institution	NNS
32027	746	34	are	be	VBP
32027	746	35	the	the	DT
32027	746	36	chief	chief	JJ
32027	746	37	reliance	reliance	NN
32027	746	38	in	in	IN
32027	746	39	nearly	nearly	RB
32027	746	40	all	all	DT
32027	746	41	places	place	NNS
32027	746	42	.	.	.
32027	747	1	These	these	DT
32027	747	2	institutions	institution	NNS
32027	747	3	cater	cater	VBP
32027	747	4	to	to	IN
32027	747	5	all	all	PDT
32027	747	6	the	the	DT
32027	747	7	financial	financial	JJ
32027	747	8	needs	need	NNS
32027	747	9	of	of	IN
32027	747	10	their	-PRON-	PRP$
32027	747	11	constituents	constituent	NNS
32027	747	12	.	.	.
32027	748	1	They	-PRON-	PRP
32027	748	2	supply	supply	VBP
32027	748	3	their	-PRON-	PRP$
32027	748	4	needs	need	NNS
32027	748	5	for	for	IN
32027	748	6	cash	cash	NN
32027	748	7	and	and	CC
32027	748	8	for	for	IN
32027	748	9	exchange	exchange	NN
32027	748	10	;	;	:
32027	748	11	conduct	conduct	NN
32027	748	12	checking	checking	NN
32027	748	13	accounts	account	NNS
32027	748	14	for	for	IN
32027	748	15	them	-PRON-	PRP
32027	748	16	,	,	,
32027	748	17	although	although	IN
32027	748	18	these	these	DT
32027	748	19	are	be	VBP
32027	748	20	not	not	RB
32027	748	21	used	use	VBN
32027	748	22	in	in	IN
32027	748	23	France	France	NNP
32027	748	24	to	to	IN
32027	748	25	the	the	DT
32027	748	26	same	same	JJ
32027	748	27	extent	extent	NN
32027	748	28	as	as	IN
32027	748	29	in	in	IN
32027	748	30	the	the	DT
32027	748	31	United	United	NNP
32027	748	32	States	States	NNP
32027	748	33	;	;	:
32027	748	34	discount	discount	VB
32027	748	35	their	-PRON-	PRP$
32027	748	36	commercial	commercial	JJ
32027	748	37	paper	paper	NN
32027	748	38	and	and	CC
32027	748	39	make	make	VB
32027	748	40	loans	loan	NNS
32027	748	41	to	to	IN
32027	748	42	them	-PRON-	PRP
32027	748	43	on	on	IN
32027	748	44	personal	personal	JJ
32027	748	45	and	and	CC
32027	748	46	other	other	JJ
32027	748	47	security	security	NN
32027	748	48	;	;	:
32027	748	49	and	and	CC
32027	748	50	receive	receive	VB
32027	748	51	on	on	IN
32027	748	52	deposit	deposit	NN
32027	748	53	their	-PRON-	PRP$
32027	748	54	savings	saving	NNS
32027	748	55	and	and	CC
32027	748	56	provide	provide	VB
32027	748	57	them	-PRON-	PRP
32027	748	58	with	with	IN
32027	748	59	investments	investment	NNS
32027	748	60	.	.	.
32027	749	1	In	in	IN
32027	749	2	performing	perform	VBG
32027	749	3	these	these	DT
32027	749	4	functions	function	NNS
32027	749	5	they	-PRON-	PRP
32027	749	6	make	make	VBP
32027	749	7	extensive	extensive	JJ
32027	749	8	use	use	NN
32027	749	9	of	of	IN
32027	749	10	the	the	DT
32027	749	11	Bank	Bank	NNP
32027	749	12	of	of	IN
32027	749	13	France	France	NNP
32027	749	14	and	and	CC
32027	749	15	of	of	IN
32027	749	16	the	the	DT
32027	749	17	stock	stock	NN
32027	749	18	exchanges	exchange	NNS
32027	749	19	of	of	IN
32027	749	20	the	the	DT
32027	749	21	country	country	NN
32027	749	22	.	.	.
32027	750	1	With	with	IN
32027	750	2	the	the	DT
32027	750	3	former	former	JJ
32027	750	4	they	-PRON-	PRP
32027	750	5	conduct	conduct	VBP
32027	750	6	checking	checking	NN
32027	750	7	and	and	CC
32027	750	8	transfer	transfer	NN
32027	750	9	accounts	account	NNS
32027	750	10	and	and	CC
32027	750	11	rediscount	rediscount	VB
32027	750	12	their	-PRON-	PRP$
32027	750	13	customers	customer	NNS
32027	750	14	'	'	POS
32027	750	15	bills	bill	NNS
32027	750	16	,	,	,
32027	750	17	by	by	IN
32027	750	18	these	these	DT
32027	750	19	means	mean	NNS
32027	750	20	procuring	procure	VBG
32027	750	21	the	the	DT
32027	750	22	coin	coin	NN
32027	750	23	,	,	,
32027	750	24	bank	bank	NN
32027	750	25	notes	note	NNS
32027	750	26	,	,	,
32027	750	27	and	and	CC
32027	750	28	exchange	exchange	NN
32027	750	29	needed	need	VBD
32027	750	30	;	;	:
32027	750	31	and	and	CC
32027	750	32	from	from	IN
32027	750	33	the	the	DT
32027	750	34	latter	latter	JJ
32027	750	35	they	-PRON-	PRP
32027	750	36	obtain	obtain	VBP
32027	750	37	the	the	DT
32027	750	38	investment	investment	NN
32027	750	39	securities	security	NNS
32027	750	40	required	require	VBN
32027	750	41	for	for	IN
32027	750	42	the	the	DT
32027	750	43	satisfaction	satisfaction	NN
32027	750	44	of	of	IN
32027	750	45	both	both	CC
32027	750	46	their	-PRON-	PRP$
32027	750	47	own	own	JJ
32027	750	48	and	and	CC
32027	750	49	their	-PRON-	PRP$
32027	750	50	customers	customer	NNS
32027	750	51	'	'	POS
32027	750	52	needs	need	NNS
32027	750	53	.	.	.
32027	751	1	Gold	gold	NN
32027	751	2	and	and	CC
32027	751	3	silver	silver	NN
32027	751	4	coin	coin	NN
32027	751	5	and	and	CC
32027	751	6	the	the	DT
32027	751	7	notes	note	NNS
32027	751	8	of	of	IN
32027	751	9	the	the	DT
32027	751	10	Bank	Bank	NNP
32027	751	11	of	of	IN
32027	751	12	France	France	NNP
32027	751	13	constitute	constitute	VBP
32027	751	14	the	the	DT
32027	751	15	hand	hand	NN
32027	751	16	-	-	HYPH
32027	751	17	to	to	IN
32027	751	18	-	-	HYPH
32027	751	19	hand	hand	VB
32027	751	20	money	money	NN
32027	751	21	of	of	IN
32027	751	22	the	the	DT
32027	751	23	country	country	NN
32027	751	24	.	.	.
32027	752	1	The	the	DT
32027	752	2	latter	latter	JJ
32027	752	3	form	form	NN
32027	752	4	the	the	DT
32027	752	5	elastic	elastic	JJ
32027	752	6	element	element	NN
32027	752	7	,	,	,
32027	752	8	and	and	CC
32027	752	9	their	-PRON-	PRP$
32027	752	10	operation	operation	NN
32027	752	11	approximates	approximate	VBZ
32027	752	12	perfection	perfection	NN
32027	752	13	.	.	.
32027	753	1	When	when	WRB
32027	753	2	demand	demand	NN
32027	753	3	for	for	IN
32027	753	4	money	money	NN
32027	753	5	increases	increase	NNS
32027	753	6	for	for	IN
32027	753	7	any	any	DT
32027	753	8	reason	reason	NN
32027	753	9	,	,	,
32027	753	10	more	more	JJR
32027	753	11	commercial	commercial	JJ
32027	753	12	bills	bill	NNS
32027	753	13	are	be	VBP
32027	753	14	presented	present	VBN
32027	753	15	for	for	IN
32027	753	16	discount	discount	NN
32027	753	17	to	to	IN
32027	753	18	the	the	DT
32027	753	19	banks	bank	NNS
32027	753	20	,	,	,
32027	753	21	which	which	WDT
32027	753	22	,	,	,
32027	753	23	after	after	IN
32027	753	24	indorsement	indorsement	NN
32027	753	25	,	,	,
32027	753	26	exchange	exchange	VBP
32027	753	27	them	-PRON-	PRP
32027	753	28	at	at	IN
32027	753	29	the	the	DT
32027	753	30	Bank	Bank	NNP
32027	753	31	of	of	IN
32027	753	32	France	France	NNP
32027	753	33	for	for	IN
32027	753	34	the	the	DT
32027	753	35	notes	note	NNS
32027	753	36	with	with	IN
32027	753	37	which	which	WDT
32027	753	38	they	-PRON-	PRP
32027	753	39	supply	supply	VBP
32027	753	40	their	-PRON-	PRP$
32027	753	41	customers	customer	NNS
32027	753	42	'	'	POS
32027	753	43	needs	need	NNS
32027	753	44	.	.	.
32027	754	1	The	the	DT
32027	754	2	note	note	NN
32027	754	3	issues	issue	NNS
32027	754	4	of	of	IN
32027	754	5	the	the	DT
32027	754	6	Bank	Bank	NNP
32027	754	7	thus	thus	RB
32027	754	8	expand	expand	VB
32027	754	9	in	in	IN
32027	754	10	direct	direct	JJ
32027	754	11	and	and	CC
32027	754	12	immediate	immediate	JJ
32027	754	13	response	response	NN
32027	754	14	to	to	IN
32027	754	15	the	the	DT
32027	754	16	needs	need	NNS
32027	754	17	of	of	IN
32027	754	18	the	the	DT
32027	754	19	country	country	NN
32027	754	20	for	for	IN
32027	754	21	more	more	JJR
32027	754	22	currency	currency	NN
32027	754	23	.	.	.
32027	755	1	When	when	WRB
32027	755	2	such	such	JJ
32027	755	3	needs	need	NNS
32027	755	4	have	have	VBP
32027	755	5	passed	pass	VBN
32027	755	6	,	,	,
32027	755	7	the	the	DT
32027	755	8	discounted	discount	VBN
32027	755	9	bills	bill	NNS
32027	755	10	,	,	,
32027	755	11	in	in	IN
32027	755	12	exchange	exchange	NN
32027	755	13	for	for	IN
32027	755	14	which	which	WDT
32027	755	15	these	these	DT
32027	755	16	notes	note	NNS
32027	755	17	were	be	VBD
32027	755	18	issued	issue	VBN
32027	755	19	,	,	,
32027	755	20	mature	mature	VBP
32027	755	21	and	and	CC
32027	755	22	are	be	VBP
32027	755	23	paid	pay	VBN
32027	755	24	in	in	IN
32027	755	25	greater	great	JJR
32027	755	26	volume	volume	NN
32027	755	27	than	than	IN
32027	755	28	new	new	JJ
32027	755	29	bills	bill	NNS
32027	755	30	are	be	VBP
32027	755	31	created	create	VBN
32027	755	32	and	and	CC
32027	755	33	presented	present	VBN
32027	755	34	for	for	IN
32027	755	35	discount	discount	NN
32027	755	36	,	,	,
32027	755	37	and	and	CC
32027	755	38	notes	note	NNS
32027	755	39	,	,	,
32027	755	40	or	or	CC
32027	755	41	a	a	DT
32027	755	42	corresponding	corresponding	JJ
32027	755	43	amount	amount	NN
32027	755	44	of	of	IN
32027	755	45	coin	coin	NN
32027	755	46	,	,	,
32027	755	47	accumulate	accumulate	VBP
32027	755	48	in	in	IN
32027	755	49	the	the	DT
32027	755	50	vaults	vault	NNS
32027	755	51	of	of	IN
32027	755	52	the	the	DT
32027	755	53	Bank	Bank	NNP
32027	755	54	.	.	.
32027	756	1	The	the	DT
32027	756	2	notes	note	NNS
32027	756	3	are	be	VBP
32027	756	4	cancelled	cancel	VBN
32027	756	5	and	and	CC
32027	756	6	destroyed	destroy	VBN
32027	756	7	and	and	CC
32027	756	8	the	the	DT
32027	756	9	coin	coin	NN
32027	756	10	is	be	VBZ
32027	756	11	kept	keep	VBN
32027	756	12	in	in	IN
32027	756	13	store	store	NN
32027	756	14	until	until	IN
32027	756	15	it	-PRON-	PRP
32027	756	16	again	again	RB
32027	756	17	passes	pass	VBZ
32027	756	18	into	into	IN
32027	756	19	circulation	circulation	NN
32027	756	20	through	through	IN
32027	756	21	exchange	exchange	NN
32027	756	22	for	for	IN
32027	756	23	notes	note	NNS
32027	756	24	still	still	RB
32027	756	25	outstanding	outstanding	JJ
32027	756	26	,	,	,
32027	756	27	or	or	CC
32027	756	28	for	for	IN
32027	756	29	discounted	discount	VBN
32027	756	30	bills	bill	NNS
32027	756	31	.	.	.
32027	757	1	On	on	IN
32027	757	2	account	account	NN
32027	757	3	of	of	IN
32027	757	4	the	the	DT
32027	757	5	elasticity	elasticity	NN
32027	757	6	of	of	IN
32027	757	7	its	-PRON-	PRP$
32027	757	8	note	note	NN
32027	757	9	issues	issue	NNS
32027	757	10	,	,	,
32027	757	11	and	and	CC
32027	757	12	the	the	DT
32027	757	13	extent	extent	NN
32027	757	14	to	to	TO
32027	757	15	which	which	WDT
32027	757	16	they	-PRON-	PRP
32027	757	17	are	be	VBP
32027	757	18	used	use	VBN
32027	757	19	in	in	IN
32027	757	20	the	the	DT
32027	757	21	commerce	commerce	NN
32027	757	22	of	of	IN
32027	757	23	the	the	DT
32027	757	24	country	country	NN
32027	757	25	,	,	,
32027	757	26	the	the	DT
32027	757	27	Bank	Bank	NNP
32027	757	28	of	of	IN
32027	757	29	France	France	NNP
32027	757	30	has	have	VBZ
32027	757	31	occasion	occasion	NN
32027	757	32	to	to	TO
32027	757	33	change	change	VB
32027	757	34	its	-PRON-	PRP$
32027	757	35	rate	rate	NN
32027	757	36	of	of	IN
32027	757	37	discount	discount	NN
32027	757	38	less	less	RBR
32027	757	39	frequently	frequently	RB
32027	757	40	than	than	IN
32027	757	41	any	any	DT
32027	757	42	other	other	JJ
32027	757	43	bank	bank	NN
32027	757	44	in	in	IN
32027	757	45	Europe	Europe	NNP
32027	757	46	.	.	.
32027	758	1	The	the	DT
32027	758	2	result	result	NN
32027	758	3	is	be	VBZ
32027	758	4	that	that	IN
32027	758	5	the	the	DT
32027	758	6	country	country	NN
32027	758	7	enjoys	enjoy	VBZ
32027	758	8	the	the	DT
32027	758	9	advantage	advantage	NN
32027	758	10	of	of	IN
32027	758	11	steady	steady	JJ
32027	758	12	and	and	CC
32027	758	13	low	low	JJ
32027	758	14	rates	rate	NNS
32027	758	15	,	,	,
32027	758	16	since	since	IN
32027	758	17	in	in	IN
32027	758	18	France	France	NNP
32027	758	19	,	,	,
32027	758	20	as	as	IN
32027	758	21	in	in	IN
32027	758	22	England	England	NNP
32027	758	23	,	,	,
32027	758	24	the	the	DT
32027	758	25	discount	discount	NN
32027	758	26	rate	rate	NN
32027	758	27	of	of	IN
32027	758	28	the	the	DT
32027	758	29	central	central	JJ
32027	758	30	bank	bank	NN
32027	758	31	controls	control	VBZ
32027	758	32	the	the	DT
32027	758	33	market	market	NN
32027	758	34	rate	rate	NN
32027	758	35	,	,	,
32027	758	36	and	and	CC
32027	758	37	the	the	DT
32027	758	38	ease	ease	NN
32027	758	39	and	and	CC
32027	758	40	inexpensiveness	inexpensiveness	NN
32027	758	41	with	with	IN
32027	758	42	which	which	WDT
32027	758	43	the	the	DT
32027	758	44	notes	note	NNS
32027	758	45	are	be	VBP
32027	758	46	issued	issue	VBN
32027	758	47	make	make	VBP
32027	758	48	low	low	JJ
32027	758	49	rates	rate	NNS
32027	758	50	possible	possible	JJ
32027	758	51	.	.	.
32027	759	1	_	_	NNP
32027	759	2	4	4	CD
32027	759	3	.	.	.
32027	760	1	The	the	DT
32027	760	2	German	german	JJ
32027	760	3	System	system	NN
32027	760	4	_	_	NNP
32027	760	5	The	the	DT
32027	760	6	Imperial	Imperial	NNP
32027	760	7	Bank	Bank	NNP
32027	760	8	,	,	,
32027	760	9	with	with	IN
32027	760	10	head	head	NN
32027	760	11	offices	office	NNS
32027	760	12	in	in	IN
32027	760	13	Berlin	Berlin	NNP
32027	760	14	,	,	,
32027	760	15	and	and	CC
32027	760	16	about	about	RB
32027	760	17	one	one	CD
32027	760	18	hundred	hundred	CD
32027	760	19	branches	branch	NNS
32027	760	20	and	and	CC
32027	760	21	more	more	JJR
32027	760	22	than	than	IN
32027	760	23	four	four	CD
32027	760	24	hundred	hundred	CD
32027	760	25	sub	sub	NN
32027	760	26	-	-	HYPH
32027	760	27	branches	branch	NNS
32027	760	28	scattered	scatter	VBN
32027	760	29	throughout	throughout	IN
32027	760	30	the	the	DT
32027	760	31	country	country	NN
32027	760	32	,	,	,
32027	760	33	plays	play	VBZ
32027	760	34	essentially	essentially	RB
32027	760	35	the	the	DT
32027	760	36	same	same	JJ
32027	760	37	rôle	rôle	NN
32027	760	38	in	in	IN
32027	760	39	the	the	DT
32027	760	40	German	german	JJ
32027	760	41	banking	banking	NN
32027	760	42	system	system	NN
32027	760	43	that	that	WDT
32027	760	44	the	the	DT
32027	760	45	Bank	Bank	NNP
32027	760	46	of	of	IN
32027	760	47	England	England	NNP
32027	760	48	and	and	CC
32027	760	49	the	the	DT
32027	760	50	Bank	Bank	NNP
32027	760	51	of	of	IN
32027	760	52	France	France	NNP
32027	760	53	play	play	NN
32027	760	54	in	in	IN
32027	760	55	the	the	DT
32027	760	56	English	English	NNP
32027	760	57	and	and	CC
32027	760	58	French	french	JJ
32027	760	59	systems	system	NNS
32027	760	60	,	,	,
32027	760	61	respectively	respectively	RB
32027	760	62	.	.	.
32027	761	1	It	-PRON-	PRP
32027	761	2	was	be	VBD
32027	761	3	established	establish	VBN
32027	761	4	in	in	IN
32027	761	5	1875	1875	CD
32027	761	6	by	by	IN
32027	761	7	an	an	DT
32027	761	8	act	act	NN
32027	761	9	which	which	WDT
32027	761	10	also	also	RB
32027	761	11	profoundly	profoundly	RB
32027	761	12	affected	affect	VBD
32027	761	13	the	the	DT
32027	761	14	entire	entire	JJ
32027	761	15	banking	banking	NN
32027	761	16	system	system	NN
32027	761	17	of	of	IN
32027	761	18	the	the	DT
32027	761	19	country	country	NN
32027	761	20	,	,	,
32027	761	21	and	and	CC
32027	761	22	its	-PRON-	PRP$
32027	761	23	development	development	NN
32027	761	24	has	have	VBZ
32027	761	25	been	be	VBN
32027	761	26	aided	aid	VBN
32027	761	27	and	and	CC
32027	761	28	directed	direct	VBN
32027	761	29	by	by	IN
32027	761	30	several	several	JJ
32027	761	31	acts	act	NNS
32027	761	32	passed	pass	VBD
32027	761	33	subsequently	subsequently	RB
32027	761	34	.	.	.
32027	762	1	Its	-PRON-	PRP$
32027	762	2	capital	capital	NN
32027	762	3	,	,	,
32027	762	4	supplied	supply	VBN
32027	762	5	by	by	IN
32027	762	6	the	the	DT
32027	762	7	general	general	JJ
32027	762	8	public	public	NN
32027	762	9	,	,	,
32027	762	10	amounts	amount	VBZ
32027	762	11	at	at	IN
32027	762	12	the	the	DT
32027	762	13	present	present	JJ
32027	762	14	time	time	NN
32027	762	15	to	to	IN
32027	762	16	180,000,000	180,000,000	CD
32027	762	17	marks	mark	NNS
32027	762	18	(	(	-LRB-
32027	762	19	$	$	$
32027	762	20	45,000,000	45,000,000	CD
32027	762	21	)	)	-RRB-
32027	762	22	,	,	,
32027	762	23	and	and	CC
32027	762	24	it	-PRON-	PRP
32027	762	25	is	be	VBZ
32027	762	26	governed	govern	VBN
32027	762	27	by	by	IN
32027	762	28	three	three	CD
32027	762	29	boards	board	NNS
32027	762	30	,	,	,
32027	762	31	known	know	VBN
32027	762	32	respectively	respectively	RB
32027	762	33	as	as	IN
32027	762	34	the	the	DT
32027	762	35	Curatorium	Curatorium	NNP
32027	762	36	,	,	,
32027	762	37	the	the	DT
32027	762	38	Direktorium	Direktorium	NNP
32027	762	39	,	,	,
32027	762	40	and	and	CC
32027	762	41	the	the	DT
32027	762	42	Central	Central	NNP
32027	762	43	Ausschuss	Ausschuss	NNP
32027	762	44	.	.	.
32027	763	1	The	the	DT
32027	763	2	Curatorium	Curatorium	NNP
32027	763	3	is	be	VBZ
32027	763	4	composed	compose	VBN
32027	763	5	of	of	IN
32027	763	6	five	five	CD
32027	763	7	members	member	NNS
32027	763	8	,	,	,
32027	763	9	of	of	IN
32027	763	10	which	which	WDT
32027	763	11	body	body	NN
32027	763	12	the	the	DT
32027	763	13	Chancellor	Chancellor	NNP
32027	763	14	of	of	IN
32027	763	15	the	the	DT
32027	763	16	Empire	Empire	NNP
32027	763	17	is	be	VBZ
32027	763	18	ex	ex	NN
32027	763	19	-	-	JJ
32027	763	20	officio	officio	JJ
32027	763	21	chairman	chairman	NN
32027	763	22	.	.	.
32027	764	1	A	a	DT
32027	764	2	second	second	JJ
32027	764	3	member	member	NN
32027	764	4	is	be	VBZ
32027	764	5	appointed	appoint	VBN
32027	764	6	by	by	IN
32027	764	7	the	the	DT
32027	764	8	Emperor	Emperor	NNP
32027	764	9	,	,	,
32027	764	10	and	and	CC
32027	764	11	for	for	IN
32027	764	12	that	that	DT
32027	764	13	position	position	NN
32027	764	14	he	-PRON-	PRP
32027	764	15	has	have	VBZ
32027	764	16	always	always	RB
32027	764	17	selected	select	VBN
32027	764	18	the	the	DT
32027	764	19	Prussian	prussian	JJ
32027	764	20	Minister	Minister	NNP
32027	764	21	of	of	IN
32027	764	22	Finance	Finance	NNP
32027	764	23	,	,	,
32027	764	24	and	and	CC
32027	764	25	the	the	DT
32027	764	26	three	three	CD
32027	764	27	remaining	remain	VBG
32027	764	28	members	member	NNS
32027	764	29	are	be	VBP
32027	764	30	appointed	appoint	VBN
32027	764	31	by	by	IN
32027	764	32	the	the	DT
32027	764	33	Bundesrath	Bundesrath	NNP
32027	764	34	.	.	.
32027	765	1	It	-PRON-	PRP
32027	765	2	meets	meet	VBZ
32027	765	3	quarterly	quarterly	JJ
32027	765	4	and	and	CC
32027	765	5	reviews	review	VBZ
32027	765	6	all	all	PDT
32027	765	7	the	the	DT
32027	765	8	operations	operation	NNS
32027	765	9	of	of	IN
32027	765	10	the	the	DT
32027	765	11	bank	bank	NN
32027	765	12	.	.	.
32027	766	1	It	-PRON-	PRP
32027	766	2	,	,	,
32027	766	3	or	or	CC
32027	766	4	rather	rather	RB
32027	766	5	,	,	,
32027	766	6	the	the	DT
32027	766	7	Chancellor	Chancellor	NNP
32027	766	8	,	,	,
32027	766	9	its	-PRON-	PRP$
32027	766	10	chairman	chairman	NN
32027	766	11	,	,	,
32027	766	12	has	have	VBZ
32027	766	13	supreme	supreme	NNP
32027	766	14	power	power	NNP
32027	766	15	,	,	,
32027	766	16	which	which	WDT
32027	766	17	,	,	,
32027	766	18	however	however	RB
32027	766	19	,	,	,
32027	766	20	he	-PRON-	PRP
32027	766	21	has	have	VBZ
32027	766	22	never	never	RB
32027	766	23	exercised	exercise	VBN
32027	766	24	except	except	IN
32027	766	25	on	on	IN
32027	766	26	one	one	CD
32027	766	27	occasion	occasion	NN
32027	766	28	,	,	,
32027	766	29	when	when	WRB
32027	766	30	he	-PRON-	PRP
32027	766	31	ordered	order	VBD
32027	766	32	the	the	DT
32027	766	33	bank	bank	NN
32027	766	34	not	not	RB
32027	766	35	to	to	TO
32027	766	36	accept	accept	VB
32027	766	37	Russian	russian	JJ
32027	766	38	securities	security	NNS
32027	766	39	as	as	IN
32027	766	40	collateral	collateral	NN
32027	766	41	for	for	IN
32027	766	42	loans	loan	NNS
32027	766	43	,	,	,
32027	766	44	an	an	DT
32027	766	45	order	order	NN
32027	766	46	since	since	IN
32027	766	47	revoked	revoke	VBN
32027	766	48	.	.	.
32027	767	1	The	the	DT
32027	767	2	administration	administration	NN
32027	767	3	of	of	IN
32027	767	4	the	the	DT
32027	767	5	bank	bank	NN
32027	767	6	's	's	POS
32027	767	7	affairs	affair	NNS
32027	767	8	is	be	VBZ
32027	767	9	chiefly	chiefly	RB
32027	767	10	in	in	IN
32027	767	11	the	the	DT
32027	767	12	hands	hand	NNS
32027	767	13	of	of	IN
32027	767	14	the	the	DT
32027	767	15	Direktorium	Direktorium	NNP
32027	767	16	,	,	,
32027	767	17	consisting	consist	VBG
32027	767	18	of	of	IN
32027	767	19	a	a	DT
32027	767	20	president	president	NN
32027	767	21	,	,	,
32027	767	22	vice	vice	NN
32027	767	23	president	president	NN
32027	767	24	,	,	,
32027	767	25	and	and	CC
32027	767	26	seven	seven	CD
32027	767	27	other	other	JJ
32027	767	28	persons	person	NNS
32027	767	29	,	,	,
32027	767	30	all	all	DT
32027	767	31	of	of	IN
32027	767	32	whom	whom	WP
32027	767	33	are	be	VBP
32027	767	34	appointed	appoint	VBN
32027	767	35	by	by	IN
32027	767	36	the	the	DT
32027	767	37	Emperor	Emperor	NNP
32027	767	38	for	for	IN
32027	767	39	life	life	NN
32027	767	40	,	,	,
32027	767	41	from	from	IN
32027	767	42	a	a	DT
32027	767	43	list	list	NN
32027	767	44	of	of	IN
32027	767	45	candidates	candidate	NNS
32027	767	46	recommended	recommend	VBN
32027	767	47	to	to	IN
32027	767	48	him	-PRON-	PRP
32027	767	49	by	by	IN
32027	767	50	the	the	DT
32027	767	51	Bundesrath	Bundesrath	NNP
32027	767	52	.	.	.
32027	768	1	This	this	DT
32027	768	2	board	board	NN
32027	768	3	selects	select	VBZ
32027	768	4	the	the	DT
32027	768	5	staff	staff	NN
32027	768	6	of	of	IN
32027	768	7	bank	bank	NN
32027	768	8	officers	officer	NNS
32027	768	9	and	and	CC
32027	768	10	clerks	clerk	NNS
32027	768	11	,	,	,
32027	768	12	and	and	CC
32027	768	13	superintends	superintend	VBZ
32027	768	14	the	the	DT
32027	768	15	daily	daily	JJ
32027	768	16	conduct	conduct	NN
32027	768	17	of	of	IN
32027	768	18	the	the	DT
32027	768	19	bank	bank	NN
32027	768	20	's	's	POS
32027	768	21	business	business	NN
32027	768	22	.	.	.
32027	769	1	The	the	DT
32027	769	2	Central	Central	NNP
32027	769	3	Ausschuss	Ausschuss	NNP
32027	769	4	is	be	VBZ
32027	769	5	a	a	DT
32027	769	6	committee	committee	NN
32027	769	7	of	of	IN
32027	769	8	fifteen	fifteen	CD
32027	769	9	persons	person	NNS
32027	769	10	elected	elect	VBN
32027	769	11	by	by	IN
32027	769	12	and	and	CC
32027	769	13	representing	represent	VBG
32027	769	14	the	the	DT
32027	769	15	stockholders	stockholder	NNS
32027	769	16	.	.	.
32027	770	1	It	-PRON-	PRP
32027	770	2	holds	hold	VBZ
32027	770	3	monthly	monthly	JJ
32027	770	4	meetings	meeting	NNS
32027	770	5	;	;	:
32027	770	6	has	have	VBZ
32027	770	7	the	the	DT
32027	770	8	right	right	NN
32027	770	9	to	to	TO
32027	770	10	demand	demand	VB
32027	770	11	complete	complete	JJ
32027	770	12	information	information	NN
32027	770	13	concerning	concern	VBG
32027	770	14	the	the	DT
32027	770	15	bank	bank	NN
32027	770	16	's	's	POS
32027	770	17	operations	operation	NNS
32027	770	18	,	,	,
32027	770	19	to	to	TO
32027	770	20	discuss	discuss	VB
32027	770	21	all	all	DT
32027	770	22	matters	matter	NNS
32027	770	23	freely	freely	RB
32027	770	24	,	,	,
32027	770	25	and	and	CC
32027	770	26	to	to	TO
32027	770	27	tender	tender	VB
32027	770	28	advice	advice	NN
32027	770	29	and	and	CC
32027	770	30	counsel	counsel	NN
32027	770	31	;	;	:
32027	770	32	but	but	CC
32027	770	33	it	-PRON-	PRP
32027	770	34	has	have	VBZ
32027	770	35	no	no	DT
32027	770	36	power	power	NN
32027	770	37	to	to	TO
32027	770	38	control	control	VB
32027	770	39	except	except	IN
32027	770	40	regarding	regard	VBG
32027	770	41	two	two	CD
32027	770	42	matters	matter	NNS
32027	770	43	:	:	:
32027	770	44	it	-PRON-	PRP
32027	770	45	can	can	MD
32027	770	46	set	set	VB
32027	770	47	a	a	DT
32027	770	48	limit	limit	NN
32027	770	49	to	to	IN
32027	770	50	the	the	DT
32027	770	51	amount	amount	NN
32027	770	52	of	of	IN
32027	770	53	securities	security	NNS
32027	770	54	the	the	DT
32027	770	55	bank	bank	NN
32027	770	56	can	can	MD
32027	770	57	purchase	purchase	VB
32027	770	58	,	,	,
32027	770	59	and	and	CC
32027	770	60	can	can	MD
32027	770	61	veto	veto	VB
32027	770	62	any	any	DT
32027	770	63	proposed	propose	VBN
32027	770	64	transactions	transaction	NNS
32027	770	65	with	with	IN
32027	770	66	the	the	DT
32027	770	67	Imperial	Imperial	NNP
32027	770	68	Government	Government	NNP
32027	770	69	or	or	CC
32027	770	70	with	with	IN
32027	770	71	the	the	DT
32027	770	72	governments	government	NNS
32027	770	73	of	of	IN
32027	770	74	any	any	DT
32027	770	75	of	of	IN
32027	770	76	the	the	DT
32027	770	77	states	state	NNS
32027	770	78	.	.	.
32027	771	1	Like	like	IN
32027	771	2	the	the	DT
32027	771	3	other	other	JJ
32027	771	4	central	central	JJ
32027	771	5	banks	bank	NNS
32027	771	6	described	describe	VBN
32027	771	7	above	above	RB
32027	771	8	,	,	,
32027	771	9	it	-PRON-	PRP
32027	771	10	receives	receive	VBZ
32027	771	11	on	on	IN
32027	771	12	deposit	deposit	NN
32027	771	13	and	and	CC
32027	771	14	disburses	disburse	VBZ
32027	771	15	the	the	DT
32027	771	16	funds	fund	NNS
32027	771	17	of	of	IN
32027	771	18	the	the	DT
32027	771	19	Imperial	Imperial	NNP
32027	771	20	Government	Government	NNP
32027	771	21	;	;	:
32027	771	22	administers	administer	VBZ
32027	771	23	the	the	DT
32027	771	24	coin	coin	NN
32027	771	25	reserves	reserve	NNS
32027	771	26	of	of	IN
32027	771	27	the	the	DT
32027	771	28	country	country	NN
32027	771	29	;	;	,
32027	771	30	conducts	conduct	VBZ
32027	771	31	the	the	DT
32027	771	32	domestic	domestic	JJ
32027	771	33	exchanges	exchange	NNS
32027	771	34	,	,	,
32027	771	35	and	and	CC
32027	771	36	serves	serve	VBZ
32027	771	37	as	as	IN
32027	771	38	a	a	DT
32027	771	39	bankers	banker	NNS
32027	771	40	'	'	POS
32027	771	41	bank	bank	NN
32027	771	42	.	.	.
32027	772	1	It	-PRON-	PRP
32027	772	2	is	be	VBZ
32027	772	3	free	free	JJ
32027	772	4	to	to	TO
32027	772	5	do	do	VB
32027	772	6	business	business	NN
32027	772	7	with	with	IN
32027	772	8	the	the	DT
32027	772	9	general	general	JJ
32027	772	10	public	public	NN
32027	772	11	,	,	,
32027	772	12	but	but	CC
32027	772	13	the	the	DT
32027	772	14	legal	legal	JJ
32027	772	15	and	and	CC
32027	772	16	other	other	JJ
32027	772	17	limitations	limitation	NNS
32027	772	18	under	under	IN
32027	772	19	which	which	WDT
32027	772	20	it	-PRON-	PRP
32027	772	21	must	must	MD
32027	772	22	operate	operate	VB
32027	772	23	give	give	VB
32027	772	24	the	the	DT
32027	772	25	other	other	JJ
32027	772	26	banking	banking	NN
32027	772	27	institutions	institution	NNS
32027	772	28	of	of	IN
32027	772	29	the	the	DT
32027	772	30	country	country	NN
32027	772	31	the	the	DT
32027	772	32	advantage	advantage	NN
32027	772	33	in	in	IN
32027	772	34	competition	competition	NN
32027	772	35	for	for	IN
32027	772	36	this	this	DT
32027	772	37	kind	kind	NN
32027	772	38	of	of	IN
32027	772	39	business	business	NN
32027	772	40	.	.	.
32027	773	1	It	-PRON-	PRP
32027	773	2	shares	share	VBZ
32027	773	3	the	the	DT
32027	773	4	right	right	NN
32027	773	5	of	of	IN
32027	773	6	note	note	NN
32027	773	7	issue	issue	NN
32027	773	8	with	with	IN
32027	773	9	four	four	CD
32027	773	10	other	other	JJ
32027	773	11	banks	bank	NNS
32027	773	12	,	,	,
32027	773	13	which	which	WDT
32027	773	14	,	,	,
32027	773	15	out	out	IN
32027	773	16	of	of	IN
32027	773	17	thirty	thirty	CD
32027	773	18	-	-	HYPH
32027	773	19	two	two	CD
32027	773	20	that	that	WDT
32027	773	21	retained	retain	VBD
32027	773	22	that	that	DT
32027	773	23	privilege	privilege	NN
32027	773	24	at	at	IN
32027	773	25	the	the	DT
32027	773	26	time	time	NN
32027	773	27	the	the	DT
32027	773	28	Imperial	imperial	JJ
32027	773	29	banking	banking	NN
32027	773	30	system	system	NN
32027	773	31	was	be	VBD
32027	773	32	established	establish	VBN
32027	773	33	,	,	,
32027	773	34	alone	alone	RB
32027	773	35	retain	retain	VB
32027	773	36	it	-PRON-	PRP
32027	773	37	at	at	IN
32027	773	38	the	the	DT
32027	773	39	present	present	JJ
32027	773	40	time	time	NN
32027	773	41	.	.	.
32027	774	1	The	the	DT
32027	774	2	issues	issue	NNS
32027	774	3	of	of	IN
32027	774	4	these	these	DT
32027	774	5	four	four	CD
32027	774	6	institutions	institution	NNS
32027	774	7	,	,	,
32027	774	8	however	however	RB
32027	774	9	,	,	,
32027	774	10	are	be	VBP
32027	774	11	relatively	relatively	RB
32027	774	12	small	small	JJ
32027	774	13	in	in	IN
32027	774	14	volume	volume	NN
32027	774	15	,	,	,
32027	774	16	and	and	CC
32027	774	17	the	the	DT
32027	774	18	Imperial	Imperial	NNP
32027	774	19	Government	Government	NNP
32027	774	20	has	have	VBZ
32027	774	21	the	the	DT
32027	774	22	right	right	NN
32027	774	23	to	to	TO
32027	774	24	deprive	deprive	VB
32027	774	25	them	-PRON-	PRP
32027	774	26	of	of	IN
32027	774	27	it	-PRON-	PRP
32027	774	28	January	January	NNP
32027	774	29	1	1	CD
32027	774	30	,	,	,
32027	774	31	1921	1921	CD
32027	774	32	,	,	,
32027	774	33	or	or	CC
32027	774	34	any	any	DT
32027	774	35	tenth	tenth	JJ
32027	774	36	year	year	NN
32027	774	37	thereafter	thereafter	RB
32027	774	38	,	,	,
32027	774	39	on	on	IN
32027	774	40	condition	condition	NN
32027	774	41	of	of	IN
32027	774	42	giving	give	VBG
32027	774	43	one	one	CD
32027	774	44	year	year	NN
32027	774	45	's	's	POS
32027	774	46	notice	notice	NN
32027	774	47	of	of	IN
32027	774	48	its	-PRON-	PRP$
32027	774	49	intention	intention	NN
32027	774	50	so	so	IN
32027	774	51	to	to	TO
32027	774	52	do	do	VB
32027	774	53	.	.	.
32027	775	1	The	the	DT
32027	775	2	issues	issue	NNS
32027	775	3	of	of	IN
32027	775	4	the	the	DT
32027	775	5	Imperial	Imperial	NNP
32027	775	6	Bank	Bank	NNP
32027	775	7	are	be	VBP
32027	775	8	subject	subject	JJ
32027	775	9	to	to	IN
32027	775	10	the	the	DT
32027	775	11	following	follow	VBG
32027	775	12	regulations	regulation	NNS
32027	775	13	:	:	:
32027	775	14	they	-PRON-	PRP
32027	775	15	must	must	MD
32027	775	16	be	be	VB
32027	775	17	covered	cover	VBN
32027	775	18	by	by	IN
32027	775	19	cash	cash	NN
32027	775	20	and	and	CC
32027	775	21	discounted	discount	VBN
32027	775	22	bills	bill	NNS
32027	775	23	maturing	mature	VBG
32027	775	24	in	in	IN
32027	775	25	not	not	RB
32027	775	26	more	more	JJR
32027	775	27	than	than	IN
32027	775	28	three	three	CD
32027	775	29	months	month	NNS
32027	775	30	,	,	,
32027	775	31	and	and	CC
32027	775	32	signed	sign	VBN
32027	775	33	by	by	IN
32027	775	34	at	at	RB
32027	775	35	least	least	RBS
32027	775	36	two	two	CD
32027	775	37	solvent	solvent	NN
32027	775	38	persons	person	NNS
32027	775	39	,	,	,
32027	775	40	the	the	DT
32027	775	41	proportion	proportion	NN
32027	775	42	of	of	IN
32027	775	43	cash	cash	NN
32027	775	44	being	be	VBG
32027	775	45	not	not	RB
32027	775	46	less	less	JJR
32027	775	47	than	than	IN
32027	775	48	one	one	CD
32027	775	49	-	-	HYPH
32027	775	50	third	third	NN
32027	775	51	of	of	IN
32027	775	52	the	the	DT
32027	775	53	total	total	NN
32027	775	54	.	.	.
32027	776	1	If	if	IN
32027	776	2	the	the	DT
32027	776	3	total	total	JJ
32027	776	4	amount	amount	NN
32027	776	5	issued	issue	VBN
32027	776	6	exceeds	exceed	VBZ
32027	776	7	the	the	DT
32027	776	8	Bank	Bank	NNP
32027	776	9	's	's	POS
32027	776	10	holdings	holding	NNS
32027	776	11	of	of	IN
32027	776	12	gold	gold	NN
32027	776	13	bullion	bullion	NN
32027	776	14	,	,	,
32027	776	15	specie	specie	NN
32027	776	16	,	,	,
32027	776	17	and	and	CC
32027	776	18	government	government	NN
32027	776	19	notes	note	NNS
32027	776	20	by	by	IN
32027	776	21	more	more	JJR
32027	776	22	than	than	IN
32027	776	23	750,000,000	750,000,000	CD
32027	776	24	marks	mark	NNS
32027	776	25	at	at	IN
32027	776	26	the	the	DT
32027	776	27	end	end	NN
32027	776	28	of	of	IN
32027	776	29	March	March	NNP
32027	776	30	,	,	,
32027	776	31	June	June	NNP
32027	776	32	,	,	,
32027	776	33	September	September	NNP
32027	776	34	,	,	,
32027	776	35	and	and	CC
32027	776	36	December	December	NNP
32027	776	37	,	,	,
32027	776	38	and	and	CC
32027	776	39	555,000,000	555,000,000	CD
32027	776	40	marks	mark	NNS
32027	776	41	at	at	IN
32027	776	42	other	other	JJ
32027	776	43	times	time	NNS
32027	776	44	,	,	,
32027	776	45	a	a	DT
32027	776	46	tax	tax	NN
32027	776	47	of	of	IN
32027	776	48	five	five	CD
32027	776	49	per	per	NN
32027	776	50	cent	cent	NN
32027	776	51	per	per	IN
32027	776	52	annum	annum	NN
32027	776	53	is	be	VBZ
32027	776	54	levied	levy	VBN
32027	776	55	on	on	IN
32027	776	56	the	the	DT
32027	776	57	excess	excess	NN
32027	776	58	.	.	.
32027	777	1	The	the	DT
32027	777	2	law	law	NN
32027	777	3	confers	confer	VBZ
32027	777	4	upon	upon	IN
32027	777	5	the	the	DT
32027	777	6	Bank	Bank	NNP
32027	777	7	the	the	DT
32027	777	8	following	follow	VBG
32027	777	9	powers	power	NNS
32027	777	10	:	:	:
32027	777	11	a.	a.	NN
32027	778	1	To	to	TO
32027	778	2	buy	buy	VB
32027	778	3	and	and	CC
32027	778	4	sell	sell	VB
32027	778	5	gold	gold	NN
32027	778	6	and	and	CC
32027	778	7	silver	silver	NN
32027	778	8	coin	coin	NN
32027	778	9	and	and	CC
32027	778	10	bullion	bullion	NN
32027	778	11	.	.	.
32027	779	1	b.	b.	NNP
32027	780	1	To	to	TO
32027	780	2	discount	discount	VB
32027	780	3	,	,	,
32027	780	4	buy	buy	VB
32027	780	5	and	and	CC
32027	780	6	sell	sell	VB
32027	780	7	bills	bill	NNS
32027	780	8	of	of	IN
32027	780	9	exchange	exchange	NN
32027	780	10	whose	whose	WP$
32027	780	11	maturity	maturity	NN
32027	780	12	shall	shall	MD
32027	780	13	be	be	VB
32027	780	14	three	three	CD
32027	780	15	months	month	NNS
32027	780	16	at	at	IN
32027	780	17	the	the	DT
32027	780	18	longest	long	JJS
32027	780	19	,	,	,
32027	780	20	and	and	CC
32027	780	21	for	for	IN
32027	780	22	which	which	WDT
32027	780	23	usually	usually	RB
32027	780	24	three	three	CD
32027	780	25	,	,	,
32027	780	26	and	and	CC
32027	780	27	in	in	IN
32027	780	28	no	no	DT
32027	780	29	case	case	NN
32027	780	30	less	less	JJR
32027	780	31	than	than	IN
32027	780	32	two	two	CD
32027	780	33	,	,	,
32027	780	34	accredited	accredit	VBD
32027	780	35	vouchers	voucher	NNS
32027	780	36	shall	shall	MD
32027	780	37	stand	stand	VB
32027	780	38	good	good	JJ
32027	780	39	;	;	:
32027	780	40	furthermore	furthermore	RB
32027	780	41	,	,	,
32027	780	42	to	to	TO
32027	780	43	discount	discount	VB
32027	780	44	,	,	,
32027	780	45	buy	buy	VB
32027	780	46	and	and	CC
32027	780	47	sell	sell	VB
32027	780	48	bonds	bond	NNS
32027	780	49	of	of	IN
32027	780	50	the	the	DT
32027	780	51	Empire	Empire	NNP
32027	780	52	or	or	CC
32027	780	53	of	of	IN
32027	780	54	any	any	DT
32027	780	55	German	german	JJ
32027	780	56	state	state	NN
32027	780	57	,	,	,
32027	780	58	or	or	CC
32027	780	59	domestic	domestic	JJ
32027	780	60	municipal	municipal	JJ
32027	780	61	corporations	corporation	NNS
32027	780	62	,	,	,
32027	780	63	provided	provide	VBD
32027	780	64	such	such	JJ
32027	780	65	bonds	bond	NNS
32027	780	66	mature	mature	VBP
32027	780	67	within	within	IN
32027	780	68	three	three	CD
32027	780	69	months	month	NNS
32027	780	70	at	at	IN
32027	780	71	the	the	DT
32027	780	72	longest	long	JJS
32027	780	73	and	and	CC
32027	780	74	conform	conform	VB
32027	780	75	to	to	IN
32027	780	76	the	the	DT
32027	780	77	new	new	JJ
32027	780	78	standards	standard	NNS
32027	780	79	of	of	IN
32027	780	80	value	value	NN
32027	780	81	.	.	.
32027	781	1	c.	c.	NN
32027	781	2	To	to	TO
32027	781	3	grant	grant	VB
32027	781	4	interest	interest	NN
32027	781	5	-	-	HYPH
32027	781	6	bearing	bear	VBG
32027	781	7	loans	loan	NNS
32027	781	8	for	for	IN
32027	781	9	terms	term	NNS
32027	781	10	no	no	RB
32027	781	11	longer	longer	RB
32027	781	12	than	than	IN
32027	781	13	three	three	CD
32027	781	14	months	month	NNS
32027	781	15	,	,	,
32027	781	16	upon	upon	IN
32027	781	17	movable	movable	JJ
32027	781	18	security	security	NN
32027	781	19	(	(	-LRB-
32027	781	20	lombard	lombard	NNP
32027	781	21	,	,	,
32027	781	22	or	or	CC
32027	781	23	deposit	deposit	NN
32027	781	24	loan	loan	NN
32027	781	25	business	business	NN
32027	781	26	)	)	-RRB-
32027	781	27	,	,	,
32027	781	28	such	such	JJ
32027	781	29	as	as	IN
32027	781	30	:	:	:
32027	781	31	gold	gold	NN
32027	781	32	and	and	CC
32027	781	33	silver	silver	NN
32027	781	34	,	,	,
32027	781	35	coined	coin	VBD
32027	781	36	or	or	CC
32027	781	37	uncoined	uncoined	JJ
32027	781	38	;	;	:
32027	781	39	interest	interest	NN
32027	781	40	-	-	HYPH
32027	781	41	bearing	bearing	NN
32027	781	42	or	or	CC
32027	781	43	non	non	JJ
32027	781	44	-	-	JJ
32027	781	45	transferable	transferable	JJ
32027	781	46	bonds	bond	NNS
32027	781	47	maturing	mature	VBG
32027	781	48	within	within	IN
32027	781	49	a	a	DT
32027	781	50	maximum	maximum	JJ
32027	781	51	term	term	NN
32027	781	52	of	of	IN
32027	781	53	three	three	CD
32027	781	54	months	month	NNS
32027	781	55	,	,	,
32027	781	56	whether	whether	IN
32027	781	57	of	of	IN
32027	781	58	the	the	DT
32027	781	59	Empire	Empire	NNP
32027	781	60	,	,	,
32027	781	61	a	a	DT
32027	781	62	German	german	JJ
32027	781	63	state	state	NN
32027	781	64	,	,	,
32027	781	65	or	or	CC
32027	781	66	of	of	IN
32027	781	67	domestic	domestic	JJ
32027	781	68	municipal	municipal	JJ
32027	781	69	corporations	corporation	NNS
32027	781	70	;	;	:
32027	781	71	interest	interest	NN
32027	781	72	-	-	HYPH
32027	781	73	bearing	bear	VBG
32027	781	74	non	non	JJ
32027	781	75	-	-	JJ
32027	781	76	transferable	transferable	JJ
32027	781	77	bonds	bond	NNS
32027	781	78	on	on	IN
32027	781	79	which	which	WDT
32027	781	80	the	the	DT
32027	781	81	interest	interest	NN
32027	781	82	is	be	VBZ
32027	781	83	guaranteed	guarantee	VBN
32027	781	84	by	by	IN
32027	781	85	the	the	DT
32027	781	86	Empire	Empire	NNP
32027	781	87	or	or	CC
32027	781	88	by	by	IN
32027	781	89	any	any	DT
32027	781	90	one	one	CD
32027	781	91	of	of	IN
32027	781	92	the	the	DT
32027	781	93	German	german	JJ
32027	781	94	states	state	NNS
32027	781	95	;	;	:
32027	781	96	capital	capital	NN
32027	781	97	stock	stock	NN
32027	781	98	and	and	CC
32027	781	99	stock	stock	NN
32027	781	100	priority	priority	NN
32027	781	101	shares	share	NNS
32027	781	102	,	,	,
32027	781	103	fully	fully	RB
32027	781	104	paid	pay	VBD
32027	781	105	up	up	RP
32027	781	106	,	,	,
32027	781	107	of	of	IN
32027	781	108	German	german	JJ
32027	781	109	railway	railway	NN
32027	781	110	companies	company	NNS
32027	781	111	in	in	IN
32027	781	112	actual	actual	JJ
32027	781	113	operation	operation	NN
32027	781	114	;	;	:
32027	781	115	mortgage	mortgage	NN
32027	781	116	bonds	bond	NNS
32027	781	117	of	of	IN
32027	781	118	the	the	DT
32027	781	119	provincial	provincial	JJ
32027	781	120	,	,	,
32027	781	121	municipal	municipal	JJ
32027	781	122	,	,	,
32027	781	123	or	or	CC
32027	781	124	other	other	JJ
32027	781	125	land	land	NN
32027	781	126	credit	credit	NN
32027	781	127	institutions	institution	NNS
32027	781	128	of	of	IN
32027	781	129	Germany	Germany	NNP
32027	781	130	that	that	WDT
32027	781	131	are	be	VBP
32027	781	132	subject	subject	JJ
32027	781	133	to	to	IN
32027	781	134	state	state	NN
32027	781	135	control	control	NN
32027	781	136	,	,	,
32027	781	137	including	include	VBG
32027	781	138	shares	share	NNS
32027	781	139	of	of	IN
32027	781	140	German	german	JJ
32027	781	141	mortgage	mortgage	NN
32027	781	142	banks	bank	NNS
32027	781	143	to	to	IN
32027	781	144	an	an	DT
32027	781	145	amount	amount	NN
32027	781	146	never	never	RB
32027	781	147	exceeding	exceed	VBG
32027	781	148	three	three	CD
32027	781	149	-	-	HYPH
32027	781	150	fourths	fourth	NNS
32027	781	151	of	of	IN
32027	781	152	their	-PRON-	PRP$
32027	781	153	market	market	NN
32027	781	154	value	value	NN
32027	781	155	;	;	:
32027	781	156	interest	interest	NN
32027	781	157	-	-	HYPH
32027	781	158	bearing	bear	VBG
32027	781	159	non	non	JJ
32027	781	160	-	-	JJ
32027	781	161	transferable	transferable	JJ
32027	781	162	bonds	bond	NNS
32027	781	163	of	of	IN
32027	781	164	foreign	foreign	JJ
32027	781	165	states	state	NNS
32027	781	166	,	,	,
32027	781	167	and	and	CC
32027	781	168	foreign	foreign	JJ
32027	781	169	railway	railway	NN
32027	781	170	priority	priority	NN
32027	781	171	bonds	bond	NNS
32027	781	172	,	,	,
32027	781	173	covered	cover	VBN
32027	781	174	by	by	IN
32027	781	175	state	state	NN
32027	781	176	security	security	NN
32027	781	177	,	,	,
32027	781	178	in	in	IN
32027	781	179	amounts	amount	NNS
32027	781	180	not	not	RB
32027	781	181	exceeding	exceed	VBG
32027	781	182	50	50	CD
32027	781	183	per	per	IN
32027	781	184	cent	cent	NN
32027	781	185	of	of	IN
32027	781	186	their	-PRON-	PRP$
32027	781	187	market	market	NN
32027	781	188	value	value	NN
32027	781	189	;	;	:
32027	781	190	bills	bill	NNS
32027	781	191	of	of	IN
32027	781	192	exchange	exchange	NN
32027	781	193	of	of	IN
32027	781	194	recognized	recognize	VBN
32027	781	195	soundness	soundness	NN
32027	781	196	,	,	,
32027	781	197	after	after	IN
32027	781	198	deducting	deduct	VBG
32027	781	199	at	at	RB
32027	781	200	least	least	JJS
32027	781	201	5	5	CD
32027	781	202	per	per	NN
32027	781	203	cent	cent	NN
32027	781	204	of	of	IN
32027	781	205	their	-PRON-	PRP$
32027	781	206	market	market	NN
32027	781	207	value	value	NN
32027	781	208	;	;	:
32027	781	209	and	and	CC
32027	781	210	pledges	pledge	NNS
32027	781	211	of	of	IN
32027	781	212	native	native	JJ
32027	781	213	merchandise	merchandise	NN
32027	781	214	,	,	,
32027	781	215	in	in	IN
32027	781	216	amounts	amount	NNS
32027	781	217	within	within	IN
32027	781	218	two	two	CD
32027	781	219	-	-	HYPH
32027	781	220	thirds	third	NNS
32027	781	221	of	of	IN
32027	781	222	their	-PRON-	PRP$
32027	781	223	value	value	NN
32027	781	224	.	.	.
32027	782	1	d.	d.	NNP
32027	782	2	To	to	TO
32027	782	3	negotiate	negotiate	VB
32027	782	4	collections	collection	NNS
32027	782	5	for	for	IN
32027	782	6	the	the	DT
32027	782	7	account	account	NN
32027	782	8	of	of	IN
32027	782	9	individuals	individual	NNS
32027	782	10	,	,	,
32027	782	11	institutions	institution	NNS
32027	782	12	,	,	,
32027	782	13	and	and	CC
32027	782	14	governing	governing	NN
32027	782	15	boards	board	NNS
32027	782	16	;	;	,
32027	782	17	and	and	CC
32027	782	18	upon	upon	IN
32027	782	19	security	security	NN
32027	782	20	,	,	,
32027	782	21	as	as	IN
32027	782	22	before	before	IN
32027	782	23	mentioned	mention	VBN
32027	782	24	,	,	,
32027	782	25	to	to	TO
32027	782	26	furnish	furnish	VB
32027	782	27	payments	payment	NNS
32027	782	28	,	,	,
32027	782	29	and	and	CC
32027	782	30	make	make	VB
32027	782	31	orders	order	NNS
32027	782	32	or	or	CC
32027	782	33	conveyances	conveyance	NNS
32027	782	34	on	on	IN
32027	782	35	the	the	DT
32027	782	36	branch	branch	NN
32027	782	37	banks	bank	NNS
32027	782	38	or	or	CC
32027	782	39	on	on	IN
32027	782	40	correspondents	correspondent	NNS
32027	782	41	.	.	.
32027	783	1	e.	e.	NNP
32027	783	2	Upon	upon	IN
32027	783	3	prior	prior	JJ
32027	783	4	security	security	NN
32027	783	5	,	,	,
32027	783	6	to	to	TO
32027	783	7	buy	buy	VB
32027	783	8	on	on	IN
32027	783	9	behalf	behalf	NN
32027	783	10	of	of	IN
32027	783	11	outside	outside	JJ
32027	783	12	parties	party	NNS
32027	783	13	,	,	,
32027	783	14	effects	effect	NNS
32027	783	15	of	of	IN
32027	783	16	all	all	DT
32027	783	17	kinds	kind	NNS
32027	783	18	,	,	,
32027	783	19	including	include	VBG
32027	783	20	the	the	DT
32027	783	21	precious	precious	JJ
32027	783	22	metals	metal	NNS
32027	783	23	;	;	:
32027	783	24	and	and	CC
32027	783	25	after	after	IN
32027	783	26	delivery	delivery	NN
32027	783	27	to	to	TO
32027	783	28	sell	sell	VB
32027	783	29	the	the	DT
32027	783	30	same	same	JJ
32027	783	31	.	.	.
32027	784	1	f.	f.	NNP
32027	784	2	To	to	TO
32027	784	3	receive	receive	VB
32027	784	4	money	money	NN
32027	784	5	for	for	IN
32027	784	6	circulation	circulation	NN
32027	784	7	or	or	CC
32027	784	8	on	on	IN
32027	784	9	deposit	deposit	NN
32027	784	10	,	,	,
32027	784	11	with	with	IN
32027	784	12	or	or	CC
32027	784	13	without	without	IN
32027	784	14	interest	interest	NN
32027	784	15	,	,	,
32027	784	16	the	the	DT
32027	784	17	sum	sum	NN
32027	784	18	of	of	IN
32027	784	19	interest	interest	NN
32027	784	20	-	-	HYPH
32027	784	21	bearing	bear	VBG
32027	784	22	deposits	deposit	NNS
32027	784	23	not	not	RB
32027	784	24	to	to	TO
32027	784	25	exceed	exceed	VB
32027	784	26	that	that	DT
32027	784	27	of	of	IN
32027	784	28	the	the	DT
32027	784	29	capital	capital	NN
32027	784	30	stock	stock	NNP
32027	784	31	and	and	CC
32027	784	32	reserve	reserve	NNP
32027	784	33	fund	fund	NN
32027	784	34	.	.	.
32027	785	1	g.	g.	NNP
32027	785	2	To	to	TO
32027	785	3	accept	accept	VB
32027	785	4	the	the	DT
32027	785	5	custody	custody	NN
32027	785	6	or	or	CC
32027	785	7	other	other	JJ
32027	785	8	management	management	NN
32027	785	9	of	of	IN
32027	785	10	objects	object	NNS
32027	785	11	of	of	IN
32027	785	12	value	value	NN
32027	785	13	.	.	.
32027	786	1	Besides	besides	IN
32027	786	2	the	the	DT
32027	786	3	Imperial	Imperial	NNP
32027	786	4	Bank	Bank	NNP
32027	786	5	there	there	EX
32027	786	6	are	be	VBP
32027	786	7	in	in	IN
32027	786	8	Germany	Germany	NNP
32027	786	9	eight	eight	CD
32027	786	10	very	very	RB
32027	786	11	large	large	JJ
32027	786	12	and	and	CC
32027	786	13	powerful	powerful	JJ
32027	786	14	banking	banking	NN
32027	786	15	institutions	institution	NNS
32027	786	16	and	and	CC
32027	786	17	a	a	DT
32027	786	18	considerable	considerable	JJ
32027	786	19	number	number	NN
32027	786	20	of	of	IN
32027	786	21	smaller	small	JJR
32027	786	22	and	and	CC
32027	786	23	less	less	RBR
32027	786	24	powerful	powerful	JJ
32027	786	25	ones	one	NNS
32027	786	26	.	.	.
32027	787	1	The	the	DT
32027	787	2	eight	eight	CD
32027	787	3	great	great	JJ
32027	787	4	ones	one	NNS
32027	787	5	have	have	VBP
32027	787	6	each	each	DT
32027	787	7	its	-PRON-	PRP$
32027	787	8	head	head	NN
32027	787	9	office	office	NN
32027	787	10	in	in	IN
32027	787	11	Berlin	Berlin	NNP
32027	787	12	,	,	,
32027	787	13	and	and	CC
32027	787	14	connections	connection	NNS
32027	787	15	,	,	,
32027	787	16	through	through	IN
32027	787	17	branches	branch	NNS
32027	787	18	,	,	,
32027	787	19	agencies	agency	NNS
32027	787	20	,	,	,
32027	787	21	and	and	CC
32027	787	22	controlled	control	VBN
32027	787	23	institutions	institution	NNS
32027	787	24	,	,	,
32027	787	25	in	in	IN
32027	787	26	other	other	JJ
32027	787	27	parts	part	NNS
32027	787	28	of	of	IN
32027	787	29	the	the	DT
32027	787	30	Empire	Empire	NNP
32027	787	31	,	,	,
32027	787	32	the	the	DT
32027	787	33	German	german	JJ
32027	787	34	colonies	colony	NNS
32027	787	35	,	,	,
32027	787	36	and	and	CC
32027	787	37	foreign	foreign	JJ
32027	787	38	countries	country	NNS
32027	787	39	.	.	.
32027	788	1	Together	together	RB
32027	788	2	they	-PRON-	PRP
32027	788	3	control	control	VBP
32027	788	4	about	about	RB
32027	788	5	eighty	eighty	CD
32027	788	6	per	per	IN
32027	788	7	cent	cent	NN
32027	788	8	of	of	IN
32027	788	9	the	the	DT
32027	788	10	entire	entire	JJ
32027	788	11	banking	banking	NN
32027	788	12	capital	capital	NN
32027	788	13	of	of	IN
32027	788	14	the	the	DT
32027	788	15	Empire	Empire	NNP
32027	788	16	.	.	.
32027	789	1	In	in	IN
32027	789	2	reality	reality	NN
32027	789	3	they	-PRON-	PRP
32027	789	4	are	be	VBP
32027	789	5	federations	federation	NNS
32027	789	6	of	of	IN
32027	789	7	banking	banking	NN
32027	789	8	institutions	institution	NNS
32027	789	9	,	,	,
32027	789	10	many	many	DT
32027	789	11	of	of	IN
32027	789	12	which	which	WDT
32027	789	13	were	be	VBD
32027	789	14	once	once	RB
32027	789	15	independent	independent	JJ
32027	789	16	,	,	,
32027	789	17	and	and	CC
32027	789	18	some	some	DT
32027	789	19	of	of	IN
32027	789	20	which	which	WDT
32027	789	21	were	be	VBD
32027	789	22	promoted	promote	VBN
32027	789	23	and	and	CC
32027	789	24	established	establish	VBN
32027	789	25	in	in	IN
32027	789	26	the	the	DT
32027	789	27	interests	interest	NNS
32027	789	28	of	of	IN
32027	789	29	the	the	DT
32027	789	30	group	group	NN
32027	789	31	.	.	.
32027	790	1	While	while	IN
32027	790	2	these	these	DT
32027	790	3	eight	eight	CD
32027	790	4	institutions	institution	NNS
32027	790	5	are	be	VBP
32027	790	6	primarily	primarily	RB
32027	790	7	engaged	engage	VBN
32027	790	8	in	in	IN
32027	790	9	commercial	commercial	JJ
32027	790	10	banking	banking	NN
32027	790	11	,	,	,
32027	790	12	they	-PRON-	PRP
32027	790	13	are	be	VBP
32027	790	14	also	also	RB
32027	790	15	promoters	promoter	NNS
32027	790	16	on	on	IN
32027	790	17	a	a	DT
32027	790	18	large	large	JJ
32027	790	19	scale	scale	NN
32027	790	20	of	of	IN
32027	790	21	German	german	JJ
32027	790	22	industry	industry	NN
32027	790	23	and	and	CC
32027	790	24	commerce	commerce	NN
32027	790	25	,	,	,
32027	790	26	both	both	CC
32027	790	27	at	at	IN
32027	790	28	home	home	NN
32027	790	29	and	and	CC
32027	790	30	abroad	abroad	RB
32027	790	31	.	.	.
32027	791	1	Through	through	IN
32027	791	2	interlocking	interlock	VBG
32027	791	3	directorates	directorate	NNS
32027	791	4	,	,	,
32027	791	5	stock	stock	NN
32027	791	6	ownership	ownership	NN
32027	791	7	,	,	,
32027	791	8	and	and	CC
32027	791	9	in	in	IN
32027	791	10	other	other	JJ
32027	791	11	ways	way	NNS
32027	791	12	,	,	,
32027	791	13	they	-PRON-	PRP
32027	791	14	are	be	VBP
32027	791	15	closely	closely	RB
32027	791	16	allied	ally	VBN
32027	791	17	with	with	IN
32027	791	18	the	the	DT
32027	791	19	leading	lead	VBG
32027	791	20	industrial	industrial	JJ
32027	791	21	and	and	CC
32027	791	22	transportation	transportation	NN
32027	791	23	interests	interest	NNS
32027	791	24	of	of	IN
32027	791	25	the	the	DT
32027	791	26	Empire	empire	NN
32027	791	27	,	,	,
32027	791	28	and	and	CC
32027	791	29	they	-PRON-	PRP
32027	791	30	have	have	VBP
32027	791	31	been	be	VBN
32027	791	32	and	and	CC
32027	791	33	are	be	VBP
32027	791	34	leaders	leader	NNS
32027	791	35	in	in	IN
32027	791	36	the	the	DT
32027	791	37	promotion	promotion	NN
32027	791	38	of	of	IN
32027	791	39	these	these	DT
32027	791	40	interests	interest	NNS
32027	791	41	in	in	IN
32027	791	42	other	other	JJ
32027	791	43	parts	part	NNS
32027	791	44	of	of	IN
32027	791	45	the	the	DT
32027	791	46	world	world	NN
32027	791	47	,	,	,
32027	791	48	notably	notably	RB
32027	791	49	in	in	IN
32027	791	50	the	the	DT
32027	791	51	Orient	Orient	NNP
32027	791	52	,	,	,
32027	791	53	South	South	NNP
32027	791	54	America	America	NNP
32027	791	55	,	,	,
32027	791	56	and	and	CC
32027	791	57	Africa	Africa	NNP
32027	791	58	.	.	.
32027	792	1	They	-PRON-	PRP
32027	792	2	are	be	VBP
32027	792	3	,	,	,
32027	792	4	therefore	therefore	RB
32027	792	5	,	,	,
32027	792	6	leaders	leader	NNS
32027	792	7	on	on	IN
32027	792	8	the	the	DT
32027	792	9	stock	stock	NN
32027	792	10	as	as	RB
32027	792	11	well	well	RB
32027	792	12	as	as	IN
32027	792	13	the	the	DT
32027	792	14	discount	discount	NN
32027	792	15	markets	market	NNS
32027	792	16	of	of	IN
32027	792	17	the	the	DT
32027	792	18	country	country	NN
32027	792	19	,	,	,
32027	792	20	and	and	CC
32027	792	21	are	be	VBP
32027	792	22	widely	widely	RB
32027	792	23	influential	influential	JJ
32027	792	24	in	in	IN
32027	792	25	investment	investment	NN
32027	792	26	as	as	RB
32027	792	27	well	well	RB
32027	792	28	as	as	IN
32027	792	29	commercial	commercial	JJ
32027	792	30	banking	banking	NN
32027	792	31	affairs	affair	NNS
32027	792	32	.	.	.
32027	793	1	These	these	DT
32027	793	2	,	,	,
32027	793	3	as	as	RB
32027	793	4	well	well	RB
32027	793	5	as	as	IN
32027	793	6	the	the	DT
32027	793	7	other	other	JJ
32027	793	8	commercial	commercial	JJ
32027	793	9	banks	bank	NNS
32027	793	10	,	,	,
32027	793	11	consisting	consist	VBG
32027	793	12	for	for	IN
32027	793	13	the	the	DT
32027	793	14	most	most	JJS
32027	793	15	part	part	NN
32027	793	16	of	of	IN
32027	793	17	local	local	JJ
32027	793	18	institutions	institution	NNS
32027	793	19	and	and	CC
32027	793	20	those	those	DT
32027	793	21	catering	catering	JJ
32027	793	22	to	to	IN
32027	793	23	special	special	JJ
32027	793	24	interests	interest	NNS
32027	793	25	,	,	,
32027	793	26	use	use	VB
32027	793	27	the	the	DT
32027	793	28	Imperial	Imperial	NNP
32027	793	29	Bank	Bank	NNP
32027	793	30	for	for	IN
32027	793	31	rediscounts	rediscount	NNS
32027	793	32	,	,	,
32027	793	33	for	for	IN
32027	793	34	transfers	transfer	NNS
32027	793	35	of	of	IN
32027	793	36	funds	fund	NNS
32027	793	37	between	between	IN
32027	793	38	different	different	JJ
32027	793	39	parts	part	NNS
32027	793	40	of	of	IN
32027	793	41	the	the	DT
32027	793	42	country	country	NN
32027	793	43	,	,	,
32027	793	44	and	and	CC
32027	793	45	as	as	IN
32027	793	46	a	a	DT
32027	793	47	depository	depository	NN
32027	793	48	for	for	IN
32027	793	49	surplus	surplus	JJ
32027	793	50	funds	fund	NNS
32027	793	51	.	.	.
32027	794	1	They	-PRON-	PRP
32027	794	2	do	do	VBP
32027	794	3	not	not	RB
32027	794	4	normally	normally	RB
32027	794	5	keep	keep	VB
32027	794	6	on	on	IN
32027	794	7	hand	hand	NN
32027	794	8	more	more	JJR
32027	794	9	cash	cash	NN
32027	794	10	than	than	IN
32027	794	11	is	be	VBZ
32027	794	12	needed	need	VBN
32027	794	13	for	for	IN
32027	794	14	till	till	IN
32027	794	15	purposes	purpose	NNS
32027	794	16	.	.	.
32027	795	1	Being	be	VBG
32027	795	2	in	in	IN
32027	795	3	easy	easy	JJ
32027	795	4	reach	reach	NN
32027	795	5	of	of	IN
32027	795	6	an	an	DT
32027	795	7	office	office	NN
32027	795	8	of	of	IN
32027	795	9	the	the	DT
32027	795	10	Imperial	Imperial	NNP
32027	795	11	Bank	Bank	NNP
32027	795	12	,	,	,
32027	795	13	supplies	supply	NNS
32027	795	14	can	can	MD
32027	795	15	be	be	VB
32027	795	16	obtained	obtain	VBN
32027	795	17	at	at	IN
32027	795	18	any	any	DT
32027	795	19	time	time	NN
32027	795	20	by	by	IN
32027	795	21	checks	check	NNS
32027	795	22	drawn	draw	VBN
32027	795	23	against	against	IN
32027	795	24	credit	credit	NN
32027	795	25	balances	balance	NNS
32027	795	26	or	or	CC
32027	795	27	through	through	IN
32027	795	28	rediscounts	rediscount	NNS
32027	795	29	of	of	IN
32027	795	30	commercial	commercial	JJ
32027	795	31	bills	bill	NNS
32027	795	32	.	.	.
32027	796	1	Special	special	JJ
32027	796	2	accounts	account	NNS
32027	796	3	are	be	VBP
32027	796	4	carried	carry	VBN
32027	796	5	for	for	IN
32027	796	6	transfer	transfer	NN
32027	796	7	purposes	purpose	NNS
32027	796	8	and	and	CC
32027	796	9	are	be	VBP
32027	796	10	used	use	VBN
32027	796	11	even	even	RB
32027	796	12	in	in	IN
32027	796	13	the	the	DT
32027	796	14	transfer	transfer	NN
32027	796	15	of	of	IN
32027	796	16	funds	fund	NNS
32027	796	17	between	between	IN
32027	796	18	different	different	JJ
32027	796	19	offices	office	NNS
32027	796	20	of	of	IN
32027	796	21	the	the	DT
32027	796	22	same	same	JJ
32027	796	23	institution	institution	NN
32027	796	24	.	.	.
32027	797	1	On	on	IN
32027	797	2	account	account	NN
32027	797	3	of	of	IN
32027	797	4	its	-PRON-	PRP$
32027	797	5	right	right	NN
32027	797	6	to	to	TO
32027	797	7	issue	issue	VB
32027	797	8	notes	note	NNS
32027	797	9	against	against	IN
32027	797	10	commercial	commercial	JJ
32027	797	11	securities	security	NNS
32027	797	12	,	,	,
32027	797	13	the	the	DT
32027	797	14	Imperial	Imperial	NNP
32027	797	15	Bank	Bank	NNP
32027	797	16	has	have	VBZ
32027	797	17	the	the	DT
32027	797	18	power	power	NN
32027	797	19	to	to	TO
32027	797	20	meet	meet	VB
32027	797	21	the	the	DT
32027	797	22	demands	demand	NNS
32027	797	23	made	make	VBN
32027	797	24	upon	upon	IN
32027	797	25	it	-PRON-	PRP
32027	797	26	and	and	CC
32027	797	27	to	to	TO
32027	797	28	supply	supply	VB
32027	797	29	the	the	DT
32027	797	30	country	country	NN
32027	797	31	with	with	IN
32027	797	32	an	an	DT
32027	797	33	elastic	elastic	JJ
32027	797	34	medium	medium	NN
32027	797	35	of	of	IN
32027	797	36	exchange	exchange	NN
32027	797	37	.	.	.
32027	798	1	The	the	DT
32027	798	2	levy	levy	NN
32027	798	3	of	of	IN
32027	798	4	a	a	DT
32027	798	5	tax	tax	NN
32027	798	6	upon	upon	IN
32027	798	7	the	the	DT
32027	798	8	excess	excess	NN
32027	798	9	of	of	IN
32027	798	10	the	the	DT
32027	798	11	issues	issue	NNS
32027	798	12	above	above	IN
32027	798	13	a	a	DT
32027	798	14	prescribed	prescribe	VBN
32027	798	15	maximum	maximum	NN
32027	798	16	prevents	prevent	NNS
32027	798	17	perfect	perfect	JJ
32027	798	18	elasticity	elasticity	NN
32027	798	19	,	,	,
32027	798	20	unless	unless	IN
32027	798	21	this	this	DT
32027	798	22	maximum	maximum	NN
32027	798	23	be	be	VB
32027	798	24	kept	keep	VBN
32027	798	25	above	above	IN
32027	798	26	the	the	DT
32027	798	27	highest	high	JJS
32027	798	28	point	point	NN
32027	798	29	which	which	WDT
32027	798	30	the	the	DT
32027	798	31	circulation	circulation	NN
32027	798	32	would	would	MD
32027	798	33	normally	normally	RB
32027	798	34	reach	reach	VB
32027	798	35	,	,	,
32027	798	36	since	since	IN
32027	798	37	the	the	DT
32027	798	38	actual	actual	JJ
32027	798	39	levy	levy	NN
32027	798	40	of	of	IN
32027	798	41	the	the	DT
32027	798	42	tax	tax	NN
32027	798	43	forces	force	NNS
32027	798	44	the	the	DT
32027	798	45	rate	rate	NN
32027	798	46	of	of	IN
32027	798	47	discount	discount	NN
32027	798	48	to	to	IN
32027	798	49	such	such	PDT
32027	798	50	a	a	DT
32027	798	51	point	point	NN
32027	798	52	as	as	IN
32027	798	53	to	to	TO
32027	798	54	seriously	seriously	RB
32027	798	55	restrict	restrict	VB
32027	798	56	commercial	commercial	JJ
32027	798	57	operations	operation	NNS
32027	798	58	.	.	.
32027	799	1	However	however	RB
32027	799	2	,	,	,
32027	799	3	since	since	IN
32027	799	4	the	the	DT
32027	799	5	line	line	NN
32027	799	6	between	between	IN
32027	799	7	commercial	commercial	JJ
32027	799	8	and	and	CC
32027	799	9	investment	investment	NN
32027	799	10	banking	banking	NN
32027	799	11	is	be	VBZ
32027	799	12	not	not	RB
32027	799	13	drawn	draw	VBN
32027	799	14	by	by	IN
32027	799	15	the	the	DT
32027	799	16	great	great	JJ
32027	799	17	Berlin	Berlin	NNP
32027	799	18	banks	bank	NNS
32027	799	19	with	with	IN
32027	799	20	the	the	DT
32027	799	21	care	care	NN
32027	799	22	that	that	WDT
32027	799	23	is	be	VBZ
32027	799	24	desirable	desirable	JJ
32027	799	25	,	,	,
32027	799	26	and	and	CC
32027	799	27	since	since	IN
32027	799	28	they	-PRON-	PRP
32027	799	29	have	have	VBP
32027	799	30	been	be	VBN
32027	799	31	able	able	JJ
32027	799	32	at	at	IN
32027	799	33	times	time	NNS
32027	799	34	,	,	,
32027	799	35	especially	especially	RB
32027	799	36	on	on	IN
32027	799	37	account	account	NN
32027	799	38	of	of	IN
32027	799	39	their	-PRON-	PRP$
32027	799	40	foreign	foreign	JJ
32027	799	41	connections	connection	NNS
32027	799	42	,	,	,
32027	799	43	to	to	TO
32027	799	44	embarrass	embarrass	VB
32027	799	45	the	the	DT
32027	799	46	Imperial	Imperial	NNP
32027	799	47	Bank	Bank	NNP
32027	799	48	in	in	IN
32027	799	49	its	-PRON-	PRP$
32027	799	50	efforts	effort	NNS
32027	799	51	to	to	TO
32027	799	52	maintain	maintain	VB
32027	799	53	adequate	adequate	JJ
32027	799	54	specie	specie	JJ
32027	799	55	reserves	reserve	NNS
32027	799	56	,	,	,
32027	799	57	such	such	PDT
32027	799	58	a	a	DT
32027	799	59	tax	tax	NN
32027	799	60	is	be	VBZ
32027	799	61	probably	probably	RB
32027	799	62	a	a	DT
32027	799	63	desirable	desirable	JJ
32027	799	64	safeguard	safeguard	NN
32027	799	65	against	against	IN
32027	799	66	over	over	IN
32027	799	67	-	-	HYPH
32027	799	68	expansion	expansion	NN
32027	799	69	of	of	IN
32027	799	70	credit	credit	NN
32027	799	71	.	.	.
32027	800	1	_	_	NNP
32027	800	2	5	5	CD
32027	800	3	.	.	.
32027	801	1	The	the	DT
32027	801	2	Canadian	canadian	JJ
32027	801	3	System	System	NNP
32027	801	4	_	_	NNP
32027	801	5	In	in	IN
32027	801	6	important	important	JJ
32027	801	7	respects	respect	NNS
32027	801	8	the	the	DT
32027	801	9	Canadian	canadian	JJ
32027	801	10	banking	banking	NN
32027	801	11	system	system	NN
32027	801	12	differs	differ	VBZ
32027	801	13	from	from	IN
32027	801	14	those	those	DT
32027	801	15	of	of	IN
32027	801	16	the	the	DT
32027	801	17	European	european	JJ
32027	801	18	countries	country	NNS
32027	801	19	which	which	WDT
32027	801	20	have	have	VBP
32027	801	21	been	be	VBN
32027	801	22	described	describe	VBN
32027	801	23	and	and	CC
32027	801	24	from	from	IN
32027	801	25	that	that	DT
32027	801	26	of	of	IN
32027	801	27	the	the	DT
32027	801	28	United	United	NNP
32027	801	29	States	States	NNP
32027	801	30	.	.	.
32027	802	1	It	-PRON-	PRP
32027	802	2	consists	consist	VBZ
32027	802	3	of	of	IN
32027	802	4	a	a	DT
32027	802	5	varying	vary	VBG
32027	802	6	number	number	NN
32027	802	7	of	of	IN
32027	802	8	relatively	relatively	RB
32027	802	9	large	large	JJ
32027	802	10	institutions	institution	NNS
32027	802	11	,	,	,
32027	802	12	each	each	DT
32027	802	13	with	with	IN
32027	802	14	several	several	JJ
32027	802	15	offices	office	NNS
32027	802	16	administered	administer	VBN
32027	802	17	from	from	IN
32027	802	18	a	a	DT
32027	802	19	common	common	JJ
32027	802	20	center	center	NN
32027	802	21	,	,	,
32027	802	22	but	but	CC
32027	802	23	without	without	IN
32027	802	24	a	a	DT
32027	802	25	central	central	JJ
32027	802	26	bank	bank	NN
32027	802	27	.	.	.
32027	803	1	For	for	IN
32027	803	2	some	some	DT
32027	803	3	time	time	NN
32027	803	4	the	the	DT
32027	803	5	total	total	JJ
32027	803	6	number	number	NN
32027	803	7	has	have	VBZ
32027	803	8	decreased	decrease	VBN
32027	803	9	,	,	,
32027	803	10	since	since	IN
32027	803	11	1900	1900	CD
32027	803	12	from	from	IN
32027	803	13	thirty	thirty	CD
32027	803	14	-	-	HYPH
32027	803	15	six	six	CD
32027	803	16	to	to	TO
32027	803	17	twenty	twenty	CD
32027	803	18	-	-	HYPH
32027	803	19	seven	seven	CD
32027	803	20	,	,	,
32027	803	21	in	in	IN
32027	803	22	spite	spite	NN
32027	803	23	of	of	IN
32027	803	24	the	the	DT
32027	803	25	fact	fact	NN
32027	803	26	that	that	IN
32027	803	27	the	the	DT
32027	803	28	Canadian	canadian	JJ
32027	803	29	law	law	NN
32027	803	30	,	,	,
32027	803	31	like	like	IN
32027	803	32	that	that	DT
32027	803	33	of	of	IN
32027	803	34	the	the	DT
32027	803	35	United	United	NNP
32027	803	36	States	States	NNP
32027	803	37	,	,	,
32027	803	38	provides	provide	VBZ
32027	803	39	for	for	IN
32027	803	40	the	the	DT
32027	803	41	formation	formation	NN
32027	803	42	of	of	IN
32027	803	43	new	new	JJ
32027	803	44	banks	bank	NNS
32027	803	45	at	at	IN
32027	803	46	any	any	DT
32027	803	47	time	time	NN
32027	803	48	,	,	,
32027	803	49	on	on	IN
32027	803	50	compliance	compliance	NN
32027	803	51	with	with	IN
32027	803	52	certain	certain	JJ
32027	803	53	prescribed	prescribed	JJ
32027	803	54	conditions	condition	NNS
32027	803	55	,	,	,
32027	803	56	including	include	VBG
32027	803	57	a	a	DT
32027	803	58	subscribed	subscribe	VBN
32027	803	59	capital	capital	NN
32027	803	60	of	of	IN
32027	803	61	at	at	RB
32027	803	62	least	least	RBS
32027	803	63	$	$	$
32027	803	64	500,000	500,000	CD
32027	803	65	and	and	CC
32027	803	66	a	a	DT
32027	803	67	paid	pay	VBN
32027	803	68	-	-	HYPH
32027	803	69	up	up	RP
32027	803	70	capital	capital	NN
32027	803	71	of	of	IN
32027	803	72	at	at	RB
32027	803	73	least	least	RBS
32027	803	74	$	$	$
32027	803	75	250,000	250,000	CD
32027	803	76	.	.	.
32027	804	1	The	the	DT
32027	804	2	number	number	NN
32027	804	3	of	of	IN
32027	804	4	branches	branch	NNS
32027	804	5	,	,	,
32027	804	6	however	however	RB
32027	804	7	,	,	,
32027	804	8	has	have	VBZ
32027	804	9	increased	increase	VBN
32027	804	10	rapidly	rapidly	RB
32027	804	11	,	,	,
32027	804	12	much	much	RB
32027	804	13	more	more	RBR
32027	804	14	rapidly	rapidly	RB
32027	804	15	than	than	IN
32027	804	16	the	the	DT
32027	804	17	population	population	NN
32027	804	18	.	.	.
32027	805	1	The	the	DT
32027	805	2	most	most	RBS
32027	805	3	noteworthy	noteworthy	JJ
32027	805	4	legal	legal	JJ
32027	805	5	provisions	provision	NNS
32027	805	6	pertaining	pertain	VBG
32027	805	7	to	to	IN
32027	805	8	the	the	DT
32027	805	9	banking	banking	NN
32027	805	10	business	business	NN
32027	805	11	in	in	IN
32027	805	12	Canada	Canada	NNP
32027	805	13	concern	concern	NN
32027	805	14	note	note	NN
32027	805	15	issues	issue	NNS
32027	805	16	and	and	CC
32027	805	17	loans	loan	NNS
32027	805	18	and	and	CC
32027	805	19	discounts	discount	NNS
32027	805	20	.	.	.
32027	806	1	Regarding	regard	VBG
32027	806	2	the	the	DT
32027	806	3	establishment	establishment	NN
32027	806	4	of	of	IN
32027	806	5	branches	branch	NNS
32027	806	6	,	,	,
32027	806	7	the	the	DT
32027	806	8	amount	amount	NN
32027	806	9	,	,	,
32027	806	10	and	and	CC
32027	806	11	,	,	,
32027	806	12	with	with	IN
32027	806	13	one	one	CD
32027	806	14	exception	exception	NN
32027	806	15	,	,	,
32027	806	16	the	the	DT
32027	806	17	composition	composition	NN
32027	806	18	of	of	IN
32027	806	19	the	the	DT
32027	806	20	reserves	reserve	NNS
32027	806	21	,	,	,
32027	806	22	and	and	CC
32027	806	23	many	many	JJ
32027	806	24	other	other	JJ
32027	806	25	matters	matter	NNS
32027	806	26	carefully	carefully	RB
32027	806	27	regulated	regulate	VBN
32027	806	28	by	by	IN
32027	806	29	law	law	NN
32027	806	30	in	in	IN
32027	806	31	the	the	DT
32027	806	32	United	United	NNP
32027	806	33	States	States	NNP
32027	806	34	,	,	,
32027	806	35	Canadian	canadian	JJ
32027	806	36	bankers	banker	NNS
32027	806	37	are	be	VBP
32027	806	38	left	leave	VBN
32027	806	39	free	free	JJ
32027	806	40	to	to	TO
32027	806	41	follow	follow	VB
32027	806	42	their	-PRON-	PRP$
32027	806	43	own	own	JJ
32027	806	44	judgment	judgment	NN
32027	806	45	.	.	.
32027	807	1	Neither	neither	DT
32027	807	2	is	be	VBZ
32027	807	3	there	there	EX
32027	807	4	public	public	JJ
32027	807	5	examination	examination	NN
32027	807	6	of	of	IN
32027	807	7	banks	bank	NNS
32027	807	8	in	in	IN
32027	807	9	Canada	Canada	NNP
32027	807	10	.	.	.
32027	808	1	Reports	report	NNS
32027	808	2	must	must	MD
32027	808	3	be	be	VB
32027	808	4	regularly	regularly	RB
32027	808	5	made	make	VBN
32027	808	6	to	to	IN
32027	808	7	the	the	DT
32027	808	8	Minister	Minister	NNP
32027	808	9	of	of	IN
32027	808	10	Finance	Finance	NNP
32027	808	11	,	,	,
32027	808	12	and	and	CC
32027	808	13	he	-PRON-	PRP
32027	808	14	may	may	MD
32027	808	15	call	call	VB
32027	808	16	for	for	IN
32027	808	17	special	special	JJ
32027	808	18	reports	report	NNS
32027	808	19	whenever	whenever	WRB
32027	808	20	he	-PRON-	PRP
32027	808	21	desires	desire	VBZ
32027	808	22	so	so	RB
32027	808	23	to	to	TO
32027	808	24	do	do	VB
32027	808	25	;	;	:
32027	808	26	but	but	CC
32027	808	27	neither	neither	CC
32027	808	28	he	-PRON-	PRP
32027	808	29	nor	nor	CC
32027	808	30	any	any	DT
32027	808	31	other	other	JJ
32027	808	32	public	public	JJ
32027	808	33	officer	officer	NN
32027	808	34	has	have	VBZ
32027	808	35	the	the	DT
32027	808	36	right	right	NN
32027	808	37	to	to	TO
32027	808	38	examine	examine	VB
32027	808	39	a	a	DT
32027	808	40	bank	bank	NN
32027	808	41	's	's	POS
32027	808	42	books	book	NNS
32027	808	43	or	or	CC
32027	808	44	to	to	TO
32027	808	45	quiz	quiz	VB
32027	808	46	its	-PRON-	PRP$
32027	808	47	officers	officer	NNS
32027	808	48	or	or	CC
32027	808	49	directors	director	NNS
32027	808	50	.	.	.
32027	809	1	In	in	IN
32027	809	2	contrast	contrast	NN
32027	809	3	with	with	IN
32027	809	4	banking	banking	NN
32027	809	5	legislation	legislation	NN
32027	809	6	in	in	IN
32027	809	7	the	the	DT
32027	809	8	United	United	NNP
32027	809	9	States	States	NNP
32027	809	10	,	,	,
32027	809	11	another	another	DT
32027	809	12	peculiar	peculiar	JJ
32027	809	13	feature	feature	NN
32027	809	14	of	of	IN
32027	809	15	Canadian	canadian	JJ
32027	809	16	law	law	NN
32027	809	17	is	be	VBZ
32027	809	18	the	the	DT
32027	809	19	incorporation	incorporation	NN
32027	809	20	of	of	IN
32027	809	21	the	the	DT
32027	809	22	Canadian	Canadian	NNP
32027	809	23	Bankers	Bankers	NNPS
32027	809	24	'	'	POS
32027	809	25	Association	Association	NNP
32027	809	26	,	,	,
32027	809	27	an	an	DT
32027	809	28	organization	organization	NN
32027	809	29	resembling	resemble	VBG
32027	809	30	in	in	IN
32027	809	31	essentials	essential	NNS
32027	809	32	the	the	DT
32027	809	33	American	American	NNP
32027	809	34	Bankers	Bankers	NNPS
32027	809	35	'	'	POS
32027	809	36	Association	Association	NNP
32027	809	37	,	,	,
32027	809	38	and	and	CC
32027	809	39	the	the	DT
32027	809	40	assignment	assignment	NN
32027	809	41	to	to	IN
32027	809	42	it	-PRON-	PRP
32027	809	43	of	of	IN
32027	809	44	important	important	JJ
32027	809	45	functions	function	NNS
32027	809	46	connected	connect	VBN
32027	809	47	with	with	IN
32027	809	48	the	the	DT
32027	809	49	issue	issue	NN
32027	809	50	of	of	IN
32027	809	51	notes	note	NNS
32027	809	52	and	and	CC
32027	809	53	the	the	DT
32027	809	54	winding	winding	NN
32027	809	55	up	up	RP
32027	809	56	of	of	IN
32027	809	57	the	the	DT
32027	809	58	affairs	affair	NNS
32027	809	59	of	of	IN
32027	809	60	failed	fail	VBN
32027	809	61	banks	bank	NNS
32027	809	62	.	.	.
32027	810	1	Regarding	regard	VBG
32027	810	2	note	note	NN
32027	810	3	issues	issue	NNS
32027	810	4	,	,	,
32027	810	5	the	the	DT
32027	810	6	chief	chief	JJ
32027	810	7	provisions	provision	NNS
32027	810	8	of	of	IN
32027	810	9	the	the	DT
32027	810	10	Canadian	canadian	JJ
32027	810	11	law	law	NN
32027	810	12	are	be	VBP
32027	810	13	as	as	IN
32027	810	14	follows	follow	VBZ
32027	810	15	:	:	:
32027	810	16	Each	each	DT
32027	810	17	bank	bank	NN
32027	810	18	is	be	VBZ
32027	810	19	permitted	permit	VBN
32027	810	20	at	at	IN
32027	810	21	any	any	DT
32027	810	22	time	time	NN
32027	810	23	to	to	TO
32027	810	24	issue	issue	VB
32027	810	25	circulating	circulate	VBG
32027	810	26	notes	note	NNS
32027	810	27	to	to	IN
32027	810	28	the	the	DT
32027	810	29	amount	amount	NN
32027	810	30	of	of	IN
32027	810	31	its	-PRON-	PRP$
32027	810	32	capital	capital	NN
32027	810	33	stock	stock	NN
32027	810	34	,	,	,
32027	810	35	and	and	CC
32027	810	36	between	between	IN
32027	810	37	October	October	NNP
32027	810	38	1	1	CD
32027	810	39	and	and	CC
32027	810	40	January	January	NNP
32027	810	41	1	1	CD
32027	810	42	an	an	DT
32027	810	43	additional	additional	JJ
32027	810	44	amount	amount	NN
32027	810	45	,	,	,
32027	810	46	equal	equal	JJ
32027	810	47	to	to	IN
32027	810	48	fifteen	fifteen	CD
32027	810	49	per	per	IN
32027	810	50	cent	cent	NN
32027	810	51	of	of	IN
32027	810	52	its	-PRON-	PRP$
32027	810	53	combined	combine	VBN
32027	810	54	capital	capital	NN
32027	810	55	and	and	CC
32027	810	56	surplus	surplus	NN
32027	810	57	,	,	,
32027	810	58	may	may	MD
32027	810	59	be	be	VB
32027	810	60	issued	issue	VBN
32027	810	61	on	on	IN
32027	810	62	payment	payment	NN
32027	810	63	of	of	IN
32027	810	64	a	a	DT
32027	810	65	tax	tax	NN
32027	810	66	to	to	TO
32027	810	67	be	be	VB
32027	810	68	assessed	assess	VBN
32027	810	69	by	by	IN
32027	810	70	the	the	DT
32027	810	71	Governor	Governor	NNP
32027	810	72	in	in	IN
32027	810	73	Council	Council	NNP
32027	810	74	,	,	,
32027	810	75	not	not	RB
32027	810	76	to	to	TO
32027	810	77	exceed	exceed	VB
32027	810	78	five	five	CD
32027	810	79	per	per	IN
32027	810	80	cent	cent	NN
32027	810	81	per	per	IN
32027	810	82	annum	annum	FW
32027	810	83	.	.	.
32027	811	1	The	the	DT
32027	811	2	notes	note	NNS
32027	811	3	are	be	VBP
32027	811	4	a	a	DT
32027	811	5	first	first	JJ
32027	811	6	lien	lien	NN
32027	811	7	on	on	IN
32027	811	8	all	all	PDT
32027	811	9	the	the	DT
32027	811	10	assets	asset	NNS
32027	811	11	of	of	IN
32027	811	12	the	the	DT
32027	811	13	bank	bank	NN
32027	811	14	that	that	WDT
32027	811	15	issued	issue	VBD
32027	811	16	them	-PRON-	PRP
32027	811	17	,	,	,
32027	811	18	and	and	CC
32027	811	19	must	must	MD
32027	811	20	be	be	VB
32027	811	21	redeemed	redeem	VBN
32027	811	22	on	on	IN
32027	811	23	demand	demand	NN
32027	811	24	at	at	IN
32027	811	25	the	the	DT
32027	811	26	head	head	NN
32027	811	27	office	office	NN
32027	811	28	and	and	CC
32027	811	29	at	at	IN
32027	811	30	such	such	JJ
32027	811	31	other	other	JJ
32027	811	32	places	place	NNS
32027	811	33	as	as	IN
32027	811	34	are	be	VBP
32027	811	35	designated	designate	VBN
32027	811	36	by	by	IN
32027	811	37	a	a	DT
32027	811	38	committee	committee	NN
32027	811	39	of	of	IN
32027	811	40	public	public	JJ
32027	811	41	officials	official	NNS
32027	811	42	known	know	VBN
32027	811	43	as	as	IN
32027	811	44	the	the	DT
32027	811	45	Treasury	Treasury	NNP
32027	811	46	Board	Board	NNP
32027	811	47	.	.	.
32027	812	1	As	as	IN
32027	812	2	such	such	JJ
32027	812	3	redemption	redemption	NN
32027	812	4	centers	center	NNS
32027	812	5	,	,	,
32027	812	6	this	this	DT
32027	812	7	board	board	NN
32027	812	8	has	have	VBZ
32027	812	9	named	name	VBN
32027	812	10	Toronto	Toronto	NNP
32027	812	11	,	,	,
32027	812	12	Montreal	Montreal	NNP
32027	812	13	,	,	,
32027	812	14	Halifax	Halifax	NNP
32027	812	15	,	,	,
32027	812	16	Winnipeg	Winnipeg	NNP
32027	812	17	,	,	,
32027	812	18	Victoria	Victoria	NNP
32027	812	19	,	,	,
32027	812	20	St.	St.	NNP
32027	812	21	John	John	NNP
32027	812	22	,	,	,
32027	812	23	and	and	CC
32027	812	24	Charlottetown	Charlottetown	NNP
32027	812	25	.	.	.
32027	813	1	Each	each	DT
32027	813	2	bank	bank	NN
32027	813	3	must	must	MD
32027	813	4	also	also	RB
32027	813	5	deposit	deposit	VB
32027	813	6	with	with	IN
32027	813	7	the	the	DT
32027	813	8	Minister	Minister	NNP
32027	813	9	of	of	IN
32027	813	10	Finance	Finance	NNP
32027	813	11	a	a	DT
32027	813	12	sum	sum	NN
32027	813	13	of	of	IN
32027	813	14	money	money	NN
32027	813	15	equal	equal	JJ
32027	813	16	to	to	IN
32027	813	17	five	five	CD
32027	813	18	per	per	IN
32027	813	19	cent	cent	NN
32027	813	20	of	of	IN
32027	813	21	its	-PRON-	PRP$
32027	813	22	average	average	JJ
32027	813	23	circulation	circulation	NN
32027	813	24	.	.	.
32027	814	1	The	the	DT
32027	814	2	aggregate	aggregate	NN
32027	814	3	of	of	IN
32027	814	4	the	the	DT
32027	814	5	amounts	amount	NNS
32027	814	6	thus	thus	RB
32027	814	7	deposited	deposit	VBN
32027	814	8	by	by	IN
32027	814	9	all	all	PDT
32027	814	10	the	the	DT
32027	814	11	banks	bank	NNS
32027	814	12	is	be	VBZ
32027	814	13	known	know	VBN
32027	814	14	as	as	IN
32027	814	15	the	the	DT
32027	814	16	"	"	``
32027	814	17	circulation	circulation	NN
32027	814	18	redemption	redemption	NN
32027	814	19	fund	fund	NN
32027	814	20	,	,	,
32027	814	21	"	"	''
32027	814	22	and	and	CC
32027	814	23	may	may	MD
32027	814	24	be	be	VB
32027	814	25	used	use	VBN
32027	814	26	in	in	IN
32027	814	27	the	the	DT
32027	814	28	redemption	redemption	NN
32027	814	29	of	of	IN
32027	814	30	the	the	DT
32027	814	31	notes	note	NNS
32027	814	32	of	of	IN
32027	814	33	a	a	DT
32027	814	34	failed	fail	VBN
32027	814	35	bank	bank	NN
32027	814	36	.	.	.
32027	815	1	In	in	IN
32027	815	2	case	case	NN
32027	815	3	the	the	DT
32027	815	4	fund	fund	NN
32027	815	5	is	be	VBZ
32027	815	6	so	so	RB
32027	815	7	used	use	VBN
32027	815	8	,	,	,
32027	815	9	and	and	CC
32027	815	10	the	the	DT
32027	815	11	liquidated	liquidate	VBN
32027	815	12	assets	asset	NNS
32027	815	13	of	of	IN
32027	815	14	the	the	DT
32027	815	15	bank	bank	NN
32027	815	16	prove	prove	VBP
32027	815	17	to	to	TO
32027	815	18	be	be	VB
32027	815	19	inadequate	inadequate	JJ
32027	815	20	for	for	IN
32027	815	21	its	-PRON-	PRP$
32027	815	22	complete	complete	JJ
32027	815	23	replenishment	replenishment	NN
32027	815	24	,	,	,
32027	815	25	a	a	DT
32027	815	26	tax	tax	NN
32027	815	27	sufficient	sufficient	JJ
32027	815	28	to	to	TO
32027	815	29	meet	meet	VB
32027	815	30	the	the	DT
32027	815	31	deficit	deficit	NN
32027	815	32	is	be	VBZ
32027	815	33	levied	levy	VBN
32027	815	34	on	on	IN
32027	815	35	the	the	DT
32027	815	36	solvent	solvent	NN
32027	815	37	banks	bank	NNS
32027	815	38	in	in	IN
32027	815	39	proportion	proportion	NN
32027	815	40	to	to	IN
32027	815	41	their	-PRON-	PRP$
32027	815	42	circulation	circulation	NN
32027	815	43	.	.	.
32027	816	1	Regarding	regard	VBG
32027	816	2	loans	loan	NNS
32027	816	3	and	and	CC
32027	816	4	discounts	discount	NNS
32027	816	5	,	,	,
32027	816	6	the	the	DT
32027	816	7	law	law	NN
32027	816	8	aims	aim	VBZ
32027	816	9	rather	rather	RB
32027	816	10	to	to	TO
32027	816	11	protect	protect	VB
32027	816	12	than	than	IN
32027	816	13	to	to	TO
32027	816	14	restrict	restrict	VB
32027	816	15	the	the	DT
32027	816	16	operations	operation	NNS
32027	816	17	of	of	IN
32027	816	18	the	the	DT
32027	816	19	banks	bank	NNS
32027	816	20	.	.	.
32027	817	1	They	-PRON-	PRP
32027	817	2	may	may	MD
32027	817	3	"	"	``
32027	817	4	deal	deal	VB
32027	817	5	in	in	IN
32027	817	6	,	,	,
32027	817	7	discount	discount	NN
32027	817	8	,	,	,
32027	817	9	and	and	CC
32027	817	10	lend	lend	VB
32027	817	11	money	money	NN
32027	817	12	,	,	,
32027	817	13	and	and	CC
32027	817	14	make	make	VB
32027	817	15	advances	advance	NNS
32027	817	16	upon	upon	IN
32027	817	17	the	the	DT
32027	817	18	security	security	NN
32027	817	19	of	of	IN
32027	817	20	,	,	,
32027	817	21	and	and	CC
32027	817	22	may	may	MD
32027	817	23	take	take	VB
32027	817	24	as	as	IN
32027	817	25	collateral	collateral	JJ
32027	817	26	security	security	NN
32027	817	27	for	for	IN
32027	817	28	any	any	DT
32027	817	29	loans	loan	NNS
32027	817	30	,	,	,
32027	817	31	...	...	NFP
32027	817	32	bills	bill	NNS
32027	817	33	of	of	IN
32027	817	34	exchange	exchange	NN
32027	817	35	,	,	,
32027	817	36	promissory	promissory	JJ
32027	817	37	notes	note	NNS
32027	817	38	,	,	,
32027	817	39	and	and	CC
32027	817	40	other	other	JJ
32027	817	41	negotiable	negotiable	JJ
32027	817	42	securities	security	NNS
32027	817	43	,	,	,
32027	817	44	or	or	CC
32027	817	45	the	the	DT
32027	817	46	stocks	stock	NNS
32027	817	47	,	,	,
32027	817	48	bonds	bond	NNS
32027	817	49	,	,	,
32027	817	50	debentures	debenture	NNS
32027	817	51	,	,	,
32027	817	52	and	and	CC
32027	817	53	obligations	obligation	NNS
32027	817	54	of	of	IN
32027	817	55	municipal	municipal	JJ
32027	817	56	and	and	CC
32027	817	57	other	other	JJ
32027	817	58	corporations	corporation	NNS
32027	817	59	,	,	,
32027	817	60	whether	whether	IN
32027	817	61	secured	secure	VBN
32027	817	62	by	by	IN
32027	817	63	mortgage	mortgage	NN
32027	817	64	or	or	CC
32027	817	65	otherwise	otherwise	RB
32027	817	66	,	,	,
32027	817	67	or	or	CC
32027	817	68	Dominion	dominion	NN
32027	817	69	,	,	,
32027	817	70	provincial	provincial	JJ
32027	817	71	,	,	,
32027	817	72	British	british	JJ
32027	817	73	,	,	,
32027	817	74	foreign	foreign	JJ
32027	817	75	,	,	,
32027	817	76	and	and	CC
32027	817	77	other	other	JJ
32027	817	78	public	public	JJ
32027	817	79	securities	security	NNS
32027	817	80	.	.	.
32027	817	81	"	"	''
32027	818	1	The	the	DT
32027	818	2	only	only	JJ
32027	818	3	important	important	JJ
32027	818	4	restriction	restriction	NN
32027	818	5	placed	place	VBN
32027	818	6	upon	upon	IN
32027	818	7	their	-PRON-	PRP$
32027	818	8	loaning	loan	VBG
32027	818	9	activities	activity	NNS
32027	818	10	is	be	VBZ
32027	818	11	the	the	DT
32027	818	12	prohibition	prohibition	NN
32027	818	13	of	of	IN
32027	818	14	making	make	VBG
32027	818	15	advances	advance	NNS
32027	818	16	on	on	IN
32027	818	17	the	the	DT
32027	818	18	security	security	NN
32027	818	19	of	of	IN
32027	818	20	landed	landed	JJ
32027	818	21	or	or	CC
32027	818	22	other	other	JJ
32027	818	23	immovable	immovable	JJ
32027	818	24	property	property	NN
32027	818	25	.	.	.
32027	819	1	In	in	IN
32027	819	2	making	make	VBG
32027	819	3	loans	loan	NNS
32027	819	4	to	to	IN
32027	819	5	wholesale	wholesale	JJ
32027	819	6	dealers	dealer	NNS
32027	819	7	and	and	CC
32027	819	8	shippers	shipper	NNS
32027	819	9	of	of	IN
32027	819	10	produce	produce	NN
32027	819	11	,	,	,
32027	819	12	the	the	DT
32027	819	13	law	law	NN
32027	819	14	safeguards	safeguard	VBZ
32027	819	15	the	the	DT
32027	819	16	banks	bank	NNS
32027	819	17	by	by	IN
32027	819	18	allowing	allow	VBG
32027	819	19	them	-PRON-	PRP
32027	819	20	to	to	TO
32027	819	21	take	take	VB
32027	819	22	a	a	DT
32027	819	23	blanket	blanket	NN
32027	819	24	lien	lien	NN
32027	819	25	on	on	IN
32027	819	26	the	the	DT
32027	819	27	goods	good	NNS
32027	819	28	dealt	deal	VBN
32027	819	29	in	in	RP
32027	819	30	by	by	IN
32027	819	31	the	the	DT
32027	819	32	borrower	borrower	NN
32027	819	33	.	.	.
32027	820	1	This	this	DT
32027	820	2	lien	lien	NN
32027	820	3	applies	apply	VBZ
32027	820	4	not	not	RB
32027	820	5	only	only	RB
32027	820	6	to	to	IN
32027	820	7	the	the	DT
32027	820	8	goods	good	NNS
32027	820	9	in	in	IN
32027	820	10	possession	possession	NN
32027	820	11	at	at	IN
32027	820	12	the	the	DT
32027	820	13	date	date	NN
32027	820	14	of	of	IN
32027	820	15	making	make	VBG
32027	820	16	the	the	DT
32027	820	17	loan	loan	NN
32027	820	18	,	,	,
32027	820	19	but	but	CC
32027	820	20	to	to	IN
32027	820	21	any	any	DT
32027	820	22	others	other	NNS
32027	820	23	which	which	WDT
32027	820	24	may	may	MD
32027	820	25	be	be	VB
32027	820	26	substituted	substitute	VBN
32027	820	27	for	for	IN
32027	820	28	them	-PRON-	PRP
32027	820	29	or	or	CC
32027	820	30	manufactured	manufacture	VBN
32027	820	31	out	out	IN
32027	820	32	of	of	IN
32027	820	33	them	-PRON-	PRP
32027	820	34	.	.	.
32027	821	1	This	this	DT
32027	821	2	lien	lien	NN
32027	821	3	is	be	VBZ
32027	821	4	prior	prior	RB
32027	821	5	to	to	IN
32027	821	6	that	that	DT
32027	821	7	of	of	IN
32027	821	8	any	any	DT
32027	821	9	other	other	JJ
32027	821	10	unpaid	unpaid	JJ
32027	821	11	vendor	vendor	NN
32027	821	12	,	,	,
32027	821	13	except	except	IN
32027	821	14	one	one	CD
32027	821	15	acquired	acquire	VBD
32027	821	16	before	before	IN
32027	821	17	the	the	DT
32027	821	18	bank	bank	NN
32027	821	19	's	's	POS
32027	821	20	lien	lien	NN
32027	821	21	was	be	VBD
32027	821	22	established	establish	VBN
32027	821	23	.	.	.
32027	822	1	The	the	DT
32027	822	2	chief	chief	JJ
32027	822	3	officers	officer	NNS
32027	822	4	of	of	IN
32027	822	5	a	a	DT
32027	822	6	Canadian	canadian	JJ
32027	822	7	bank	bank	NN
32027	822	8	are	be	VBP
32027	822	9	the	the	DT
32027	822	10	general	general	JJ
32027	822	11	manager	manager	NN
32027	822	12	,	,	,
32027	822	13	the	the	DT
32027	822	14	chief	chief	JJ
32027	822	15	accountant	accountant	NN
32027	822	16	,	,	,
32027	822	17	the	the	DT
32027	822	18	superintendent	superintendent	NN
32027	822	19	of	of	IN
32027	822	20	branches	branch	NNS
32027	822	21	,	,	,
32027	822	22	the	the	DT
32027	822	23	inspector	inspector	NN
32027	822	24	,	,	,
32027	822	25	and	and	CC
32027	822	26	the	the	DT
32027	822	27	secretary	secretary	NN
32027	822	28	,	,	,
32027	822	29	all	all	DT
32027	822	30	connected	connect	VBN
32027	822	31	with	with	IN
32027	822	32	the	the	DT
32027	822	33	head	head	NN
32027	822	34	office	office	NN
32027	822	35	,	,	,
32027	822	36	and	and	CC
32027	822	37	the	the	DT
32027	822	38	managers	manager	NNS
32027	822	39	of	of	IN
32027	822	40	the	the	DT
32027	822	41	branches	branch	NNS
32027	822	42	.	.	.
32027	823	1	The	the	DT
32027	823	2	general	general	JJ
32027	823	3	manager	manager	NN
32027	823	4	is	be	VBZ
32027	823	5	the	the	DT
32027	823	6	chief	chief	JJ
32027	823	7	executive	executive	NN
32027	823	8	and	and	CC
32027	823	9	the	the	DT
32027	823	10	chief	chief	NN
32027	823	11	in	in	IN
32027	823	12	authority	authority	NN
32027	823	13	.	.	.
32027	824	1	While	while	IN
32027	824	2	he	-PRON-	PRP
32027	824	3	is	be	VBZ
32027	824	4	subject	subject	JJ
32027	824	5	to	to	IN
32027	824	6	the	the	DT
32027	824	7	board	board	NN
32027	824	8	of	of	IN
32027	824	9	directors	director	NNS
32027	824	10	,	,	,
32027	824	11	on	on	IN
32027	824	12	account	account	NN
32027	824	13	of	of	IN
32027	824	14	his	-PRON-	PRP$
32027	824	15	wide	wide	JJ
32027	824	16	experience	experience	NN
32027	824	17	and	and	CC
32027	824	18	knowledge	knowledge	VB
32027	824	19	his	-PRON-	PRP$
32027	824	20	judgment	judgment	NN
32027	824	21	is	be	VBZ
32027	824	22	usually	usually	RB
32027	824	23	followed	follow	VBN
32027	824	24	.	.	.
32027	825	1	The	the	DT
32027	825	2	other	other	JJ
32027	825	3	officers	officer	NNS
32027	825	4	are	be	VBP
32027	825	5	appointed	appoint	VBN
32027	825	6	by	by	IN
32027	825	7	him	-PRON-	PRP
32027	825	8	with	with	IN
32027	825	9	the	the	DT
32027	825	10	approval	approval	NN
32027	825	11	of	of	IN
32027	825	12	the	the	DT
32027	825	13	board	board	NN
32027	825	14	,	,	,
32027	825	15	but	but	CC
32027	825	16	,	,	,
32027	825	17	almost	almost	RB
32027	825	18	without	without	IN
32027	825	19	exception	exception	NN
32027	825	20	,	,	,
32027	825	21	from	from	IN
32027	825	22	persons	person	NNS
32027	825	23	who	who	WP
32027	825	24	have	have	VBP
32027	825	25	served	serve	VBN
32027	825	26	the	the	DT
32027	825	27	bank	bank	NN
32027	825	28	in	in	IN
32027	825	29	subordinate	subordinate	JJ
32027	825	30	capacities	capacity	NNS
32027	825	31	.	.	.
32027	826	1	The	the	DT
32027	826	2	general	general	JJ
32027	826	3	manager	manager	NN
32027	826	4	himself	-PRON-	PRP
32027	826	5	is	be	VBZ
32027	826	6	nearly	nearly	RB
32027	826	7	always	always	RB
32027	826	8	a	a	DT
32027	826	9	man	man	NN
32027	826	10	who	who	WP
32027	826	11	has	have	VBZ
32027	826	12	passed	pass	VBN
32027	826	13	through	through	IN
32027	826	14	the	the	DT
32027	826	15	hierarchy	hierarchy	NN
32027	826	16	of	of	IN
32027	826	17	positions	position	NNS
32027	826	18	from	from	IN
32027	826	19	the	the	DT
32027	826	20	bottom	bottom	NN
32027	826	21	up	up	RP
32027	826	22	,	,	,
32027	826	23	and	and	CC
32027	826	24	is	be	VBZ
32027	826	25	therefore	therefore	RB
32027	826	26	thoroughly	thoroughly	RB
32027	826	27	familiar	familiar	JJ
32027	826	28	with	with	IN
32027	826	29	every	every	DT
32027	826	30	detail	detail	NN
32027	826	31	of	of	IN
32027	826	32	the	the	DT
32027	826	33	bank	bank	NN
32027	826	34	's	's	POS
32027	826	35	business	business	NN
32027	826	36	and	and	CC
32027	826	37	history	history	NN
32027	826	38	.	.	.
32027	827	1	The	the	DT
32027	827	2	inspector	inspector	NN
32027	827	3	has	have	VBZ
32027	827	4	charge	charge	NN
32027	827	5	of	of	IN
32027	827	6	the	the	DT
32027	827	7	examination	examination	NN
32027	827	8	of	of	IN
32027	827	9	the	the	DT
32027	827	10	branches	branch	NNS
32027	827	11	,	,	,
32027	827	12	and	and	CC
32027	827	13	this	this	DT
32027	827	14	work	work	NN
32027	827	15	is	be	VBZ
32027	827	16	so	so	RB
32027	827	17	carefully	carefully	RB
32027	827	18	and	and	CC
32027	827	19	thoroughly	thoroughly	RB
32027	827	20	done	do	VBN
32027	827	21	that	that	DT
32027	827	22	examination	examination	NN
32027	827	23	by	by	IN
32027	827	24	public	public	JJ
32027	827	25	officials	official	NNS
32027	827	26	is	be	VBZ
32027	827	27	not	not	RB
32027	827	28	considered	consider	VBN
32027	827	29	necessary	necessary	JJ
32027	827	30	,	,	,
32027	827	31	or	or	CC
32027	827	32	regarded	regard	VBN
32027	827	33	as	as	IN
32027	827	34	desirable	desirable	JJ
32027	827	35	by	by	IN
32027	827	36	most	most	JJS
32027	827	37	Canadian	canadian	JJ
32027	827	38	bankers	banker	NNS
32027	827	39	.	.	.
32027	828	1	Regarding	regard	VBG
32027	828	2	this	this	DT
32027	828	3	matter	matter	NN
32027	828	4	,	,	,
32027	828	5	however	however	RB
32027	828	6	,	,	,
32027	828	7	there	there	EX
32027	828	8	are	be	VBP
32027	828	9	differences	difference	NNS
32027	828	10	of	of	IN
32027	828	11	opinion	opinion	NN
32027	828	12	,	,	,
32027	828	13	and	and	CC
32027	828	14	changes	change	NNS
32027	828	15	in	in	IN
32027	828	16	the	the	DT
32027	828	17	near	near	JJ
32027	828	18	future	future	NN
32027	828	19	are	be	VBP
32027	828	20	not	not	RB
32027	828	21	improbable	improbable	JJ
32027	828	22	.	.	.
32027	829	1	The	the	DT
32027	829	2	managers	manager	NNS
32027	829	3	of	of	IN
32027	829	4	the	the	DT
32027	829	5	branches	branch	NNS
32027	829	6	are	be	VBP
32027	829	7	in	in	IN
32027	829	8	strict	strict	JJ
32027	829	9	subordination	subordination	NN
32027	829	10	to	to	IN
32027	829	11	the	the	DT
32027	829	12	authority	authority	NN
32027	829	13	of	of	IN
32027	829	14	the	the	DT
32027	829	15	general	general	JJ
32027	829	16	manager	manager	NN
32027	829	17	,	,	,
32027	829	18	though	though	IN
32027	829	19	they	-PRON-	PRP
32027	829	20	are	be	VBP
32027	829	21	necessarily	necessarily	RB
32027	829	22	allowed	allow	VBN
32027	829	23	a	a	DT
32027	829	24	large	large	JJ
32027	829	25	amount	amount	NN
32027	829	26	of	of	IN
32027	829	27	discretionary	discretionary	JJ
32027	829	28	authority	authority	NN
32027	829	29	in	in	IN
32027	829	30	matters	matter	NNS
32027	829	31	pertaining	pertain	VBG
32027	829	32	to	to	IN
32027	829	33	the	the	DT
32027	829	34	branch	branch	NN
32027	829	35	over	over	IN
32027	829	36	which	which	WDT
32027	829	37	they	-PRON-	PRP
32027	829	38	preside	preside	VBP
32027	829	39	.	.	.
32027	830	1	Unless	unless	IN
32027	830	2	prevented	prevent	VBN
32027	830	3	by	by	IN
32027	830	4	distance	distance	NN
32027	830	5	,	,	,
32027	830	6	they	-PRON-	PRP
32027	830	7	are	be	VBP
32027	830	8	in	in	IN
32027	830	9	daily	daily	JJ
32027	830	10	communication	communication	NN
32027	830	11	with	with	IN
32027	830	12	the	the	DT
32027	830	13	head	head	NN
32027	830	14	office	office	NN
32027	830	15	or	or	CC
32027	830	16	with	with	IN
32027	830	17	one	one	CD
32027	830	18	of	of	IN
32027	830	19	its	-PRON-	PRP$
32027	830	20	representatives	representative	NNS
32027	830	21	.	.	.
32027	831	1	In	in	IN
32027	831	2	the	the	DT
32027	831	3	operation	operation	NN
32027	831	4	of	of	IN
32027	831	5	the	the	DT
32027	831	6	Canadian	canadian	JJ
32027	831	7	system	system	NN
32027	831	8	,	,	,
32027	831	9	noteworthy	noteworthy	JJ
32027	831	10	features	feature	NNS
32027	831	11	are	be	VBP
32027	831	12	the	the	DT
32027	831	13	methods	method	NNS
32027	831	14	of	of	IN
32027	831	15	controlling	controlling	NN
32027	831	16	credits	credit	NNS
32027	831	17	,	,	,
32027	831	18	of	of	IN
32027	831	19	managing	manage	VBG
32027	831	20	the	the	DT
32027	831	21	issues	issue	NNS
32027	831	22	and	and	CC
32027	831	23	the	the	DT
32027	831	24	reserves	reserve	NNS
32027	831	25	,	,	,
32027	831	26	and	and	CC
32027	831	27	of	of	IN
32027	831	28	securing	secure	VBG
32027	831	29	unity	unity	NN
32027	831	30	or	or	CC
32027	831	31	at	at	IN
32027	831	32	least	least	JJS
32027	831	33	harmony	harmony	NN
32027	831	34	of	of	IN
32027	831	35	action	action	NN
32027	831	36	.	.	.
32027	832	1	It	-PRON-	PRP
32027	832	2	is	be	VBZ
32027	832	3	the	the	DT
32027	832	4	usual	usual	JJ
32027	832	5	practice	practice	NN
32027	832	6	in	in	IN
32027	832	7	Canada	Canada	NNP
32027	832	8	for	for	IN
32027	832	9	a	a	DT
32027	832	10	business	business	NN
32027	832	11	man	man	NN
32027	832	12	to	to	TO
32027	832	13	do	do	VB
32027	832	14	all	all	PDT
32027	832	15	his	-PRON-	PRP$
32027	832	16	banking	banking	NN
32027	832	17	with	with	IN
32027	832	18	one	one	CD
32027	832	19	institution	institution	NN
32027	832	20	.	.	.
32027	833	1	This	this	DT
32027	833	2	practice	practice	NN
32027	833	3	is	be	VBZ
32027	833	4	rendered	render	VBN
32027	833	5	possible	possible	JJ
32027	833	6	because	because	IN
32027	833	7	most	most	JJS
32027	833	8	of	of	IN
32027	833	9	the	the	DT
32027	833	10	banks	bank	NNS
32027	833	11	are	be	VBP
32027	833	12	large	large	JJ
32027	833	13	enough	enough	RB
32027	833	14	to	to	TO
32027	833	15	take	take	VB
32027	833	16	proper	proper	JJ
32027	833	17	care	care	NN
32027	833	18	of	of	IN
32027	833	19	almost	almost	RB
32027	833	20	any	any	DT
32027	833	21	business	business	NN
32027	833	22	establishment	establishment	NN
32027	833	23	in	in	IN
32027	833	24	the	the	DT
32027	833	25	Dominion	dominion	NN
32027	833	26	,	,	,
32027	833	27	and	and	CC
32027	833	28	because	because	IN
32027	833	29	experience	experience	NN
32027	833	30	has	have	VBZ
32027	833	31	demonstrated	demonstrate	VBN
32027	833	32	its	-PRON-	PRP$
32027	833	33	wisdom	wisdom	NN
32027	833	34	.	.	.
32027	834	1	The	the	DT
32027	834	2	banks	bank	NNS
32027	834	3	compete	compete	VBP
32027	834	4	vigorously	vigorously	RB
32027	834	5	for	for	IN
32027	834	6	new	new	JJ
32027	834	7	business	business	NN
32027	834	8	but	but	CC
32027	834	9	do	do	VBP
32027	834	10	not	not	RB
32027	834	11	attempt	attempt	VB
32027	834	12	to	to	TO
32027	834	13	attract	attract	VB
32027	834	14	one	one	CD
32027	834	15	anothers	another	NNS
32027	834	16	'	'	POS
32027	834	17	customers	customer	NNS
32027	834	18	.	.	.
32027	835	1	Indeed	indeed	RB
32027	835	2	a	a	DT
32027	835	3	customer	customer	NN
32027	835	4	who	who	WP
32027	835	5	desires	desire	VBZ
32027	835	6	to	to	TO
32027	835	7	change	change	VB
32027	835	8	his	-PRON-	PRP$
32027	835	9	banking	banking	NN
32027	835	10	connections	connection	NNS
32027	835	11	is	be	VBZ
32027	835	12	looked	look	VBN
32027	835	13	upon	upon	IN
32027	835	14	with	with	IN
32027	835	15	suspicion	suspicion	NN
32027	835	16	and	and	CC
32027	835	17	is	be	VBZ
32027	835	18	subjected	subject	VBN
32027	835	19	to	to	IN
32027	835	20	a	a	DT
32027	835	21	very	very	RB
32027	835	22	careful	careful	JJ
32027	835	23	examination	examination	NN
32027	835	24	by	by	IN
32027	835	25	the	the	DT
32027	835	26	bank	bank	NN
32027	835	27	that	that	WDT
32027	835	28	is	be	VBZ
32027	835	29	asked	ask	VBN
32027	835	30	to	to	TO
32027	835	31	take	take	VB
32027	835	32	him	-PRON-	PRP
32027	835	33	on	on	RP
32027	835	34	,	,	,
32027	835	35	including	include	VBG
32027	835	36	a	a	DT
32027	835	37	careful	careful	JJ
32027	835	38	discussion	discussion	NN
32027	835	39	of	of	IN
32027	835	40	all	all	PDT
32027	835	41	the	the	DT
32027	835	42	aspects	aspect	NNS
32027	835	43	of	of	IN
32027	835	44	the	the	DT
32027	835	45	matter	matter	NN
32027	835	46	with	with	IN
32027	835	47	the	the	DT
32027	835	48	bank	bank	NN
32027	835	49	he	-PRON-	PRP
32027	835	50	desires	desire	VBZ
32027	835	51	to	to	TO
32027	835	52	leave	leave	VB
32027	835	53	.	.	.
32027	836	1	The	the	DT
32027	836	2	result	result	NN
32027	836	3	of	of	IN
32027	836	4	this	this	DT
32027	836	5	practice	practice	NN
32027	836	6	is	be	VBZ
32027	836	7	that	that	IN
32027	836	8	a	a	DT
32027	836	9	man	man	NN
32027	836	10	's	's	POS
32027	836	11	banker	banker	NN
32027	836	12	is	be	VBZ
32027	836	13	thoroughly	thoroughly	RB
32027	836	14	familiar	familiar	JJ
32027	836	15	with	with	IN
32027	836	16	his	-PRON-	PRP$
32027	836	17	affairs	affair	NNS
32027	836	18	,	,	,
32027	836	19	especially	especially	RB
32027	836	20	his	-PRON-	PRP$
32027	836	21	credit	credit	NN
32027	836	22	relations	relation	NNS
32027	836	23	,	,	,
32027	836	24	and	and	CC
32027	836	25	at	at	IN
32027	836	26	the	the	DT
32027	836	27	same	same	JJ
32027	836	28	time	time	NN
32027	836	29	feels	feel	VBZ
32027	836	30	under	under	IN
32027	836	31	obligations	obligation	NNS
32027	836	32	to	to	TO
32027	836	33	render	render	VB
32027	836	34	him	-PRON-	PRP
32027	836	35	such	such	JJ
32027	836	36	support	support	NN
32027	836	37	and	and	CC
32027	836	38	guidance	guidance	NN
32027	836	39	as	as	IN
32027	836	40	he	-PRON-	PRP
32027	836	41	deserves	deserve	VBZ
32027	836	42	.	.	.
32027	837	1	On	on	IN
32027	837	2	account	account	NN
32027	837	3	of	of	IN
32027	837	4	this	this	DT
32027	837	5	practice	practice	NN
32027	837	6	,	,	,
32027	837	7	also	also	RB
32027	837	8	,	,	,
32027	837	9	commercial	commercial	JJ
32027	837	10	paper	paper	NN
32027	837	11	brokerage	brokerage	NN
32027	837	12	does	do	VBZ
32027	837	13	not	not	RB
32027	837	14	flourish	flourish	VB
32027	837	15	in	in	IN
32027	837	16	Canada	Canada	NNP
32027	837	17	.	.	.
32027	838	1	The	the	DT
32027	838	2	notes	note	NNS
32027	838	3	of	of	IN
32027	838	4	the	the	DT
32027	838	5	Canadian	canadian	JJ
32027	838	6	banks	bank	NNS
32027	838	7	constitute	constitute	VBP
32027	838	8	practically	practically	RB
32027	838	9	all	all	DT
32027	838	10	of	of	IN
32027	838	11	the	the	DT
32027	838	12	hand	hand	NN
32027	838	13	-	-	HYPH
32027	838	14	to	to	IN
32027	838	15	-	-	HYPH
32027	838	16	hand	hand	VB
32027	838	17	money	money	NN
32027	838	18	of	of	IN
32027	838	19	the	the	DT
32027	838	20	country	country	NN
32027	838	21	in	in	IN
32027	838	22	denominations	denomination	NNS
32027	838	23	above	above	IN
32027	838	24	two	two	CD
32027	838	25	dollars	dollar	NNS
32027	838	26	.	.	.
32027	839	1	The	the	DT
32027	839	2	one	one	CD
32027	839	3	and	and	CC
32027	839	4	two	two	CD
32027	839	5	dollar	dollar	NN
32027	839	6	denominations	denomination	NNS
32027	839	7	are	be	VBP
32027	839	8	supplied	supply	VBN
32027	839	9	by	by	IN
32027	839	10	Dominion	dominion	NN
32027	839	11	notes	note	NNS
32027	839	12	--	--	:
32027	839	13	all	all	DT
32027	839	14	but	but	CC
32027	839	15	$	$	$
32027	839	16	30,000,000	30,000,000	CD
32027	839	17	of	of	IN
32027	839	18	which	which	WDT
32027	839	19	are	be	VBP
32027	839	20	represented	represent	VBN
32027	839	21	by	by	IN
32027	839	22	gold	gold	NN
32027	839	23	coin	coin	NN
32027	839	24	or	or	CC
32027	839	25	bullion	bullion	NN
32027	839	26	--	--	:
32027	839	27	and	and	CC
32027	839	28	the	the	DT
32027	839	29	lower	low	JJR
32027	839	30	denominations	denomination	NNS
32027	839	31	by	by	IN
32027	839	32	subsidiary	subsidiary	JJ
32027	839	33	silver	silver	NN
32027	839	34	supplied	supply	VBN
32027	839	35	by	by	IN
32027	839	36	the	the	DT
32027	839	37	government	government	NN
32027	839	38	.	.	.
32027	840	1	Each	each	DT
32027	840	2	bank	bank	NN
32027	840	3	pays	pay	VBZ
32027	840	4	out	out	RP
32027	840	5	its	-PRON-	PRP$
32027	840	6	notes	note	NNS
32027	840	7	freely	freely	RB
32027	840	8	to	to	TO
32027	840	9	supply	supply	VB
32027	840	10	the	the	DT
32027	840	11	cash	cash	NN
32027	840	12	demands	demand	NNS
32027	840	13	of	of	IN
32027	840	14	its	-PRON-	PRP$
32027	840	15	customers	customer	NNS
32027	840	16	,	,	,
32027	840	17	and	and	CC
32027	840	18	receives	receive	VBZ
32027	840	19	from	from	IN
32027	840	20	them	-PRON-	PRP
32027	840	21	on	on	IN
32027	840	22	deposit	deposit	NN
32027	840	23	,	,	,
32027	840	24	without	without	IN
32027	840	25	hesitation	hesitation	NN
32027	840	26	or	or	CC
32027	840	27	depreciation	depreciation	NN
32027	840	28	,	,	,
32027	840	29	the	the	DT
32027	840	30	notes	note	NNS
32027	840	31	of	of	IN
32027	840	32	other	other	JJ
32027	840	33	banks	bank	NNS
32027	840	34	as	as	RB
32027	840	35	well	well	RB
32027	840	36	as	as	IN
32027	840	37	its	-PRON-	PRP$
32027	840	38	own	own	JJ
32027	840	39	.	.	.
32027	841	1	The	the	DT
32027	841	2	former	former	JJ
32027	841	3	,	,	,
32027	841	4	however	however	RB
32027	841	5	,	,	,
32027	841	6	are	be	VBP
32027	841	7	either	either	RB
32027	841	8	sent	send	VBN
32027	841	9	in	in	RP
32027	841	10	for	for	IN
32027	841	11	redemption	redemption	NN
32027	841	12	as	as	RB
32027	841	13	soon	soon	RB
32027	841	14	as	as	IN
32027	841	15	received	receive	VBD
32027	841	16	or	or	CC
32027	841	17	used	use	VBN
32027	841	18	in	in	IN
32027	841	19	making	make	VBG
32027	841	20	payments	payment	NNS
32027	841	21	to	to	IN
32027	841	22	the	the	DT
32027	841	23	banks	bank	NNS
32027	841	24	which	which	WDT
32027	841	25	issued	issue	VBD
32027	841	26	them	-PRON-	PRP
32027	841	27	.	.	.
32027	842	1	Thus	thus	RB
32027	842	2	notes	note	NNS
32027	842	3	are	be	VBP
32027	842	4	cleared	clear	VBN
32027	842	5	as	as	RB
32027	842	6	readily	readily	RB
32027	842	7	as	as	IN
32027	842	8	checks	check	NNS
32027	842	9	and	and	CC
32027	842	10	the	the	DT
32027	842	11	volume	volume	NN
32027	842	12	in	in	IN
32027	842	13	circulation	circulation	NN
32027	842	14	expands	expand	VBZ
32027	842	15	and	and	CC
32027	842	16	contracts	contract	NNS
32027	842	17	in	in	IN
32027	842	18	automatic	automatic	JJ
32027	842	19	response	response	NN
32027	842	20	to	to	IN
32027	842	21	business	business	NN
32027	842	22	needs	need	NNS
32027	842	23	.	.	.
32027	843	1	The	the	DT
32027	843	2	fact	fact	NN
32027	843	3	that	that	IN
32027	843	4	these	these	DT
32027	843	5	notes	note	NNS
32027	843	6	are	be	VBP
32027	843	7	neither	neither	CC
32027	843	8	legal	legal	JJ
32027	843	9	tender	tender	NN
32027	843	10	nor	nor	CC
32027	843	11	guaranteed	guarantee	VBN
32027	843	12	by	by	IN
32027	843	13	the	the	DT
32027	843	14	government	government	NN
32027	843	15	does	do	VBZ
32027	843	16	not	not	RB
32027	843	17	interfere	interfere	VB
32027	843	18	with	with	IN
32027	843	19	their	-PRON-	PRP$
32027	843	20	circulation	circulation	NN
32027	843	21	--	--	:
32027	843	22	daily	daily	JJ
32027	843	23	clearings	clearing	NNS
32027	843	24	,	,	,
32027	843	25	the	the	DT
32027	843	26	first	first	JJ
32027	843	27	lien	lien	NN
32027	843	28	on	on	IN
32027	843	29	assets	asset	NNS
32027	843	30	,	,	,
32027	843	31	and	and	CC
32027	843	32	the	the	DT
32027	843	33	redemption	redemption	NN
32027	843	34	fund	fund	NN
32027	843	35	amply	amply	RB
32027	843	36	protecting	protect	VBG
32027	843	37	holders	holder	NNS
32027	843	38	against	against	IN
32027	843	39	the	the	DT
32027	843	40	possibility	possibility	NN
32027	843	41	of	of	IN
32027	843	42	loss	loss	NN
32027	843	43	--	--	:
32027	843	44	but	but	CC
32027	843	45	does	do	VBZ
32027	843	46	prevent	prevent	VB
32027	843	47	their	-PRON-	PRP$
32027	843	48	being	be	VBG
32027	843	49	hoarded	hoard	VBN
32027	843	50	as	as	IN
32027	843	51	reserves	reserve	NNS
32027	843	52	or	or	CC
32027	843	53	for	for	IN
32027	843	54	any	any	DT
32027	843	55	other	other	JJ
32027	843	56	purpose	purpose	NN
32027	843	57	and	and	CC
32027	843	58	thus	thus	RB
32027	843	59	contributes	contribute	VBZ
32027	843	60	towards	towards	IN
32027	843	61	their	-PRON-	PRP$
32027	843	62	elasticity	elasticity	NN
32027	843	63	.	.	.
32027	844	1	The	the	DT
32027	844	2	connection	connection	NN
32027	844	3	now	now	RB
32027	844	4	established	establish	VBN
32027	844	5	by	by	IN
32027	844	6	law	law	NN
32027	844	7	between	between	IN
32027	844	8	the	the	DT
32027	844	9	maximum	maximum	JJ
32027	844	10	volume	volume	NN
32027	844	11	of	of	IN
32027	844	12	bank	bank	NN
32027	844	13	note	note	NN
32027	844	14	issues	issue	NNS
32027	844	15	and	and	CC
32027	844	16	the	the	DT
32027	844	17	capitalization	capitalization	NN
32027	844	18	of	of	IN
32027	844	19	the	the	DT
32027	844	20	banks	bank	NNS
32027	844	21	renders	render	VBZ
32027	844	22	necessary	necessary	JJ
32027	844	23	the	the	DT
32027	844	24	increase	increase	NN
32027	844	25	of	of	IN
32027	844	26	the	the	DT
32027	844	27	latter	latter	JJ
32027	844	28	in	in	IN
32027	844	29	correspondence	correspondence	NN
32027	844	30	with	with	IN
32027	844	31	the	the	DT
32027	844	32	expansion	expansion	NN
32027	844	33	of	of	IN
32027	844	34	commerce	commerce	NN
32027	844	35	in	in	IN
32027	844	36	order	order	NN
32027	844	37	to	to	TO
32027	844	38	prevent	prevent	VB
32027	844	39	a	a	DT
32027	844	40	contraction	contraction	NN
32027	844	41	of	of	IN
32027	844	42	credit	credit	NN
32027	844	43	.	.	.
32027	845	1	Present	present	JJ
32027	845	2	law	law	NN
32027	845	3	,	,	,
32027	845	4	however	however	RB
32027	845	5	,	,	,
32027	845	6	does	do	VBZ
32027	845	7	not	not	RB
32027	845	8	provide	provide	VB
32027	845	9	for	for	IN
32027	845	10	such	such	PDT
32027	845	11	an	an	DT
32027	845	12	increase	increase	NN
32027	845	13	.	.	.
32027	846	1	It	-PRON-	PRP
32027	846	2	is	be	VBZ
32027	846	3	left	leave	VBN
32027	846	4	to	to	IN
32027	846	5	the	the	DT
32027	846	6	voluntary	voluntary	JJ
32027	846	7	action	action	NN
32027	846	8	of	of	IN
32027	846	9	the	the	DT
32027	846	10	banks	bank	NNS
32027	846	11	,	,	,
32027	846	12	which	which	WDT
32027	846	13	seem	seem	VBP
32027	846	14	inclined	incline	VBN
32027	846	15	to	to	TO
32027	846	16	increase	increase	VB
32027	846	17	surplus	surplus	JJ
32027	846	18	funds	fund	NNS
32027	846	19	rather	rather	RB
32027	846	20	than	than	IN
32027	846	21	capital	capital	NN
32027	846	22	.	.	.
32027	847	1	The	the	DT
32027	847	2	permission	permission	NN
32027	847	3	granted	grant	VBN
32027	847	4	in	in	IN
32027	847	5	1908	1908	CD
32027	847	6	to	to	TO
32027	847	7	extend	extend	VB
32027	847	8	issues	issue	NNS
32027	847	9	beyond	beyond	IN
32027	847	10	the	the	DT
32027	847	11	amount	amount	NN
32027	847	12	of	of	IN
32027	847	13	capital	capital	NN
32027	847	14	during	during	IN
32027	847	15	the	the	DT
32027	847	16	crop	crop	NN
32027	847	17	moving	move	VBG
32027	847	18	season	season	NN
32027	847	19	,	,	,
32027	847	20	on	on	IN
32027	847	21	payment	payment	NN
32027	847	22	of	of	IN
32027	847	23	a	a	DT
32027	847	24	tax	tax	NN
32027	847	25	,	,	,
32027	847	26	is	be	VBZ
32027	847	27	a	a	DT
32027	847	28	makeshift	makeshift	NN
32027	847	29	and	and	CC
32027	847	30	not	not	RB
32027	847	31	a	a	DT
32027	847	32	solution	solution	NN
32027	847	33	of	of	IN
32027	847	34	the	the	DT
32027	847	35	difficulty	difficulty	NN
32027	847	36	,	,	,
32027	847	37	since	since	IN
32027	847	38	a	a	DT
32027	847	39	tax	tax	NN
32027	847	40	on	on	IN
32027	847	41	issues	issue	NNS
32027	847	42	is	be	VBZ
32027	847	43	a	a	DT
32027	847	44	means	means	NN
32027	847	45	of	of	IN
32027	847	46	forcing	force	VBG
32027	847	47	contraction	contraction	NN
32027	847	48	of	of	IN
32027	847	49	credit	credit	NN
32027	847	50	and	and	CC
32027	847	51	not	not	RB
32027	847	52	of	of	IN
32027	847	53	adjusting	adjust	VBG
32027	847	54	issues	issue	NNS
32027	847	55	to	to	TO
32027	847	56	legitimate	legitimate	VB
32027	847	57	needs	need	NNS
32027	847	58	.	.	.
32027	848	1	Since	since	IN
32027	848	2	Canadian	canadian	JJ
32027	848	3	banks	bank	NNS
32027	848	4	are	be	VBP
32027	848	5	able	able	JJ
32027	848	6	to	to	TO
32027	848	7	meet	meet	VB
32027	848	8	the	the	DT
32027	848	9	greater	great	JJR
32027	848	10	part	part	NN
32027	848	11	of	of	IN
32027	848	12	the	the	DT
32027	848	13	public	public	JJ
32027	848	14	demand	demand	NN
32027	848	15	for	for	IN
32027	848	16	hand	hand	NN
32027	848	17	-	-	HYPH
32027	848	18	to	to	IN
32027	848	19	-	-	HYPH
32027	848	20	hand	hand	VB
32027	848	21	money	money	NN
32027	848	22	by	by	IN
32027	848	23	means	mean	NNS
32027	848	24	of	of	IN
32027	848	25	their	-PRON-	PRP$
32027	848	26	own	own	JJ
32027	848	27	notes	note	NNS
32027	848	28	,	,	,
32027	848	29	they	-PRON-	PRP
32027	848	30	do	do	VBP
32027	848	31	not	not	RB
32027	848	32	need	need	VB
32027	848	33	to	to	TO
32027	848	34	carry	carry	VB
32027	848	35	in	in	RP
32027	848	36	their	-PRON-	PRP$
32027	848	37	vaults	vault	NNS
32027	848	38	large	large	JJ
32027	848	39	amounts	amount	NNS
32027	848	40	of	of	IN
32027	848	41	gold	gold	NN
32027	848	42	and	and	CC
32027	848	43	silver	silver	NN
32027	848	44	coin	coin	NN
32027	848	45	and	and	CC
32027	848	46	Dominion	Dominion	NNP
32027	848	47	notes	note	NNS
32027	848	48	.	.	.
32027	849	1	They	-PRON-	PRP
32027	849	2	keep	keep	VBP
32027	849	3	on	on	IN
32027	849	4	hand	hand	NN
32027	849	5	only	only	RB
32027	849	6	so	so	RB
32027	849	7	much	much	RB
32027	849	8	as	as	IN
32027	849	9	experience	experience	NN
32027	849	10	indicates	indicate	VBZ
32027	849	11	they	-PRON-	PRP
32027	849	12	are	be	VBP
32027	849	13	likely	likely	JJ
32027	849	14	to	to	TO
32027	849	15	be	be	VB
32027	849	16	called	call	VBN
32027	849	17	upon	upon	IN
32027	849	18	to	to	TO
32027	849	19	supply	supply	VB
32027	849	20	to	to	IN
32027	849	21	their	-PRON-	PRP$
32027	849	22	customers	customer	NNS
32027	849	23	,	,	,
32027	849	24	plus	plus	CC
32027	849	25	a	a	DT
32027	849	26	reasonable	reasonable	JJ
32027	849	27	margin	margin	NN
32027	849	28	for	for	IN
32027	849	29	safety	safety	NN
32027	849	30	and	and	CC
32027	849	31	for	for	IN
32027	849	32	the	the	DT
32027	849	33	payment	payment	NN
32027	849	34	of	of	IN
32027	849	35	clearing	clear	VBG
32027	849	36	house	house	NN
32027	849	37	balances	balance	VBZ
32027	849	38	.	.	.
32027	850	1	The	the	DT
32027	850	2	greater	great	JJR
32027	850	3	part	part	NN
32027	850	4	of	of	IN
32027	850	5	their	-PRON-	PRP$
32027	850	6	reserves	reserve	NNS
32027	850	7	consists	consist	VBZ
32027	850	8	of	of	IN
32027	850	9	balances	balance	NNS
32027	850	10	in	in	IN
32027	850	11	banks	bank	NNS
32027	850	12	outside	outside	RB
32027	850	13	of	of	IN
32027	850	14	Canada	Canada	NNP
32027	850	15	,	,	,
32027	850	16	especially	especially	RB
32027	850	17	in	in	IN
32027	850	18	the	the	DT
32027	850	19	United	United	NNP
32027	850	20	States	States	NNP
32027	850	21	and	and	CC
32027	850	22	England	England	NNP
32027	850	23	,	,	,
32027	850	24	call	call	VB
32027	850	25	loans	loan	NNS
32027	850	26	in	in	IN
32027	850	27	New	New	NNP
32027	850	28	York	York	NNP
32027	850	29	City	City	NNP
32027	850	30	,	,	,
32027	850	31	and	and	CC
32027	850	32	easily	easily	RB
32027	850	33	salable	salable	JJ
32027	850	34	securities	security	NNS
32027	850	35	.	.	.
32027	851	1	In	in	IN
32027	851	2	case	case	NN
32027	851	3	of	of	IN
32027	851	4	an	an	DT
32027	851	5	emergency	emergency	NN
32027	851	6	of	of	IN
32027	851	7	any	any	DT
32027	851	8	kind	kind	NN
32027	851	9	these	these	DT
32027	851	10	resources	resource	NNS
32027	851	11	may	may	MD
32027	851	12	be	be	VB
32027	851	13	transformed	transform	VBN
32027	851	14	into	into	IN
32027	851	15	gold	gold	NN
32027	851	16	or	or	CC
32027	851	17	their	-PRON-	PRP$
32027	851	18	customers	customer	NNS
32027	851	19	supplied	supply	VBN
32027	851	20	with	with	IN
32027	851	21	foreign	foreign	JJ
32027	851	22	exchange	exchange	NN
32027	851	23	,	,	,
32027	851	24	which	which	WDT
32027	851	25	is	be	VBZ
32027	851	26	often	often	RB
32027	851	27	as	as	RB
32027	851	28	much	much	JJ
32027	851	29	or	or	CC
32027	851	30	even	even	RB
32027	851	31	more	more	RBR
32027	851	32	needed	need	VBN
32027	851	33	.	.	.
32027	852	1	Gold	gold	NN
32027	852	2	can	can	MD
32027	852	3	at	at	IN
32027	852	4	any	any	DT
32027	852	5	time	time	NN
32027	852	6	be	be	VB
32027	852	7	exchanged	exchange	VBN
32027	852	8	for	for	IN
32027	852	9	Dominion	dominion	NN
32027	852	10	notes	note	NNS
32027	852	11	if	if	IN
32027	852	12	that	that	DT
32027	852	13	is	be	VBZ
32027	852	14	the	the	DT
32027	852	15	currency	currency	NN
32027	852	16	wanted	want	VBD
32027	852	17	.	.	.
32027	853	1	The	the	DT
32027	853	2	lack	lack	NN
32027	853	3	of	of	IN
32027	853	4	a	a	DT
32027	853	5	central	central	JJ
32027	853	6	bank	bank	NN
32027	853	7	and	and	CC
32027	853	8	of	of	IN
32027	853	9	a	a	DT
32027	853	10	rediscount	rediscount	NN
32027	853	11	market	market	NN
32027	853	12	is	be	VBZ
32027	853	13	to	to	IN
32027	853	14	a	a	DT
32027	853	15	degree	degree	NN
32027	853	16	compensated	compensate	VBN
32027	853	17	by	by	IN
32027	853	18	unity	unity	NN
32027	853	19	of	of	IN
32027	853	20	action	action	NN
32027	853	21	among	among	IN
32027	853	22	the	the	DT
32027	853	23	banks	bank	NNS
32027	853	24	.	.	.
32027	854	1	This	this	DT
32027	854	2	is	be	VBZ
32027	854	3	the	the	DT
32027	854	4	result	result	NN
32027	854	5	not	not	RB
32027	854	6	so	so	RB
32027	854	7	much	much	JJ
32027	854	8	of	of	IN
32027	854	9	law	law	NN
32027	854	10	as	as	IN
32027	854	11	of	of	IN
32027	854	12	conditions	condition	NNS
32027	854	13	,	,	,
32027	854	14	among	among	IN
32027	854	15	which	which	WDT
32027	854	16	the	the	DT
32027	854	17	most	most	RBS
32027	854	18	important	important	JJ
32027	854	19	are	be	VBP
32027	854	20	:	:	:
32027	854	21	the	the	DT
32027	854	22	fact	fact	NN
32027	854	23	that	that	IN
32027	854	24	the	the	DT
32027	854	25	six	six	CD
32027	854	26	largest	large	JJS
32027	854	27	banks	bank	NNS
32027	854	28	do	do	VBP
32027	854	29	fifty	fifty	CD
32027	854	30	per	per	IN
32027	854	31	cent	cent	NN
32027	854	32	of	of	IN
32027	854	33	the	the	DT
32027	854	34	business	business	NN
32027	854	35	and	and	CC
32027	854	36	that	that	IN
32027	854	37	one	one	CD
32027	854	38	of	of	IN
32027	854	39	these	these	DT
32027	854	40	,	,	,
32027	854	41	the	the	DT
32027	854	42	Bank	Bank	NNP
32027	854	43	of	of	IN
32027	854	44	Montreal	Montreal	NNP
32027	854	45	,	,	,
32027	854	46	holds	hold	VBZ
32027	854	47	most	most	JJS
32027	854	48	of	of	IN
32027	854	49	the	the	DT
32027	854	50	deposits	deposit	NNS
32027	854	51	of	of	IN
32027	854	52	the	the	DT
32027	854	53	government	government	NN
32027	854	54	and	and	CC
32027	854	55	is	be	VBZ
32027	854	56	generally	generally	RB
32027	854	57	spoken	speak	VBN
32027	854	58	of	of	IN
32027	854	59	as	as	IN
32027	854	60	the	the	DT
32027	854	61	government	government	NN
32027	854	62	bank	bank	NN
32027	854	63	;	;	:
32027	854	64	the	the	DT
32027	854	65	fact	fact	NN
32027	854	66	that	that	IN
32027	854	67	the	the	DT
32027	854	68	general	general	JJ
32027	854	69	managers	manager	NNS
32027	854	70	are	be	VBP
32027	854	71	experts	expert	NNS
32027	854	72	,	,	,
32027	854	73	in	in	IN
32027	854	74	first	first	JJ
32027	854	75	-	-	HYPH
32027	854	76	hand	hand	NN
32027	854	77	touch	touch	NN
32027	854	78	through	through	IN
32027	854	79	their	-PRON-	PRP$
32027	854	80	branches	branch	NNS
32027	854	81	with	with	IN
32027	854	82	business	business	NN
32027	854	83	conditions	condition	NNS
32027	854	84	in	in	IN
32027	854	85	Canada	Canada	NNP
32027	854	86	and	and	CC
32027	854	87	other	other	JJ
32027	854	88	parts	part	NNS
32027	854	89	of	of	IN
32027	854	90	the	the	DT
32027	854	91	world	world	NN
32027	854	92	,	,	,
32027	854	93	and	and	CC
32027	854	94	in	in	IN
32027	854	95	possession	possession	NN
32027	854	96	of	of	IN
32027	854	97	the	the	DT
32027	854	98	same	same	JJ
32027	854	99	data	datum	NNS
32027	854	100	concerning	concern	VBG
32027	854	101	these	these	DT
32027	854	102	conditions	condition	NNS
32027	854	103	,	,	,
32027	854	104	and	and	CC
32027	854	105	through	through	IN
32027	854	106	the	the	DT
32027	854	107	same	same	JJ
32027	854	108	kind	kind	NN
32027	854	109	of	of	IN
32027	854	110	acquired	acquire	VBN
32027	854	111	skill	skill	NN
32027	854	112	and	and	CC
32027	854	113	similar	similar	JJ
32027	854	114	experiences	experience	NNS
32027	854	115	likely	likely	JJ
32027	854	116	to	to	TO
32027	854	117	draw	draw	VB
32027	854	118	the	the	DT
32027	854	119	same	same	JJ
32027	854	120	or	or	CC
32027	854	121	at	at	IN
32027	854	122	least	least	JJS
32027	854	123	similar	similar	JJ
32027	854	124	conclusions	conclusion	NNS
32027	854	125	from	from	IN
32027	854	126	this	this	DT
32027	854	127	data	data	NN
32027	854	128	;	;	:
32027	854	129	common	common	JJ
32027	854	130	interests	interest	NNS
32027	854	131	in	in	IN
32027	854	132	the	the	DT
32027	854	133	prosperity	prosperity	NN
32027	854	134	of	of	IN
32027	854	135	the	the	DT
32027	854	136	country	country	NN
32027	854	137	and	and	CC
32027	854	138	in	in	IN
32027	854	139	the	the	DT
32027	854	140	prevention	prevention	NN
32027	854	141	of	of	IN
32027	854	142	speculative	speculative	JJ
32027	854	143	excesses	excess	NNS
32027	854	144	and	and	CC
32027	854	145	mutual	mutual	JJ
32027	854	146	interdependence	interdependence	NN
32027	854	147	in	in	IN
32027	854	148	the	the	DT
32027	854	149	successful	successful	JJ
32027	854	150	conduct	conduct	NN
32027	854	151	of	of	IN
32027	854	152	their	-PRON-	PRP$
32027	854	153	everyday	everyday	JJ
32027	854	154	business	business	NN
32027	854	155	as	as	RB
32027	854	156	well	well	RB
32027	854	157	as	as	IN
32027	854	158	in	in	IN
32027	854	159	times	time	NNS
32027	854	160	of	of	IN
32027	854	161	emergency	emergency	NN
32027	854	162	and	and	CC
32027	854	163	stress	stress	NN
32027	854	164	:	:	:
32027	854	165	and	and	CC
32027	854	166	the	the	DT
32027	854	167	Bankers	Bankers	NNPS
32027	854	168	'	'	POS
32027	854	169	Association	Association	NNP
32027	854	170	,	,	,
32027	854	171	which	which	WDT
32027	854	172	through	through	IN
32027	854	173	its	-PRON-	PRP$
32027	854	174	journal	journal	NN
32027	854	175	gives	give	VBZ
32027	854	176	authoritative	authoritative	JJ
32027	854	177	expression	expression	NN
32027	854	178	to	to	IN
32027	854	179	the	the	DT
32027	854	180	best	good	JJS
32027	854	181	banking	banking	NN
32027	854	182	opinion	opinion	NN
32027	854	183	and	and	CC
32027	854	184	actually	actually	RB
32027	854	185	acts	act	VBZ
32027	854	186	for	for	IN
32027	854	187	the	the	DT
32027	854	188	banks	bank	NNS
32027	854	189	in	in	IN
32027	854	190	many	many	JJ
32027	854	191	matters	matter	NNS
32027	854	192	of	of	IN
32027	854	193	common	common	JJ
32027	854	194	interest	interest	NN
32027	854	195	.	.	.
32027	855	1	To	to	TO
32027	855	2	what	what	WDT
32027	855	3	extent	extent	NN
32027	855	4	this	this	DT
32027	855	5	community	community	NN
32027	855	6	of	of	IN
32027	855	7	action	action	NN
32027	855	8	takes	take	VBZ
32027	855	9	the	the	DT
32027	855	10	form	form	NN
32027	855	11	of	of	IN
32027	855	12	rediscounts	rediscount	NNS
32027	855	13	for	for	IN
32027	855	14	each	each	DT
32027	855	15	other	other	JJ
32027	855	16	in	in	IN
32027	855	17	ordinary	ordinary	JJ
32027	855	18	times	time	NNS
32027	855	19	it	-PRON-	PRP
32027	855	20	is	be	VBZ
32027	855	21	impossible	impossible	JJ
32027	855	22	for	for	IN
32027	855	23	an	an	DT
32027	855	24	outsider	outsider	NN
32027	855	25	to	to	TO
32027	855	26	say	say	VB
32027	855	27	,	,	,
32027	855	28	but	but	CC
32027	855	29	that	that	IN
32027	855	30	it	-PRON-	PRP
32027	855	31	is	be	VBZ
32027	855	32	operative	operative	JJ
32027	855	33	in	in	IN
32027	855	34	times	time	NNS
32027	855	35	of	of	IN
32027	855	36	stress	stress	NN
32027	855	37	is	be	VBZ
32027	855	38	indicated	indicate	VBN
32027	855	39	by	by	IN
32027	855	40	the	the	DT
32027	855	41	manner	manner	NN
32027	855	42	in	in	IN
32027	855	43	which	which	WDT
32027	855	44	the	the	DT
32027	855	45	failures	failure	NNS
32027	855	46	of	of	IN
32027	855	47	the	the	DT
32027	855	48	Bank	Bank	NNP
32027	855	49	of	of	IN
32027	855	50	Ontario	Ontario	NNP
32027	855	51	in	in	IN
32027	855	52	1906	1906	CD
32027	855	53	and	and	CC
32027	855	54	the	the	DT
32027	855	55	Sovereign	Sovereign	NNP
32027	855	56	Bank	Bank	NNP
32027	855	57	in	in	IN
32027	855	58	1908	1908	CD
32027	855	59	were	be	VBD
32027	855	60	handled	handle	VBN
32027	855	61	.	.	.
32027	856	1	In	in	IN
32027	856	2	both	both	DT
32027	856	3	of	of	IN
32027	856	4	these	these	DT
32027	856	5	cases	case	NNS
32027	856	6	the	the	DT
32027	856	7	public	public	NN
32027	856	8	was	be	VBD
32027	856	9	protected	protect	VBN
32027	856	10	against	against	IN
32027	856	11	loss	loss	NN
32027	856	12	and	and	CC
32027	856	13	panic	panic	NN
32027	856	14	was	be	VBD
32027	856	15	averted	avert	VBN
32027	856	16	by	by	IN
32027	856	17	the	the	DT
32027	856	18	cooperative	cooperative	JJ
32027	856	19	action	action	NN
32027	856	20	of	of	IN
32027	856	21	the	the	DT
32027	856	22	other	other	JJ
32027	856	23	banks	bank	NNS
32027	856	24	in	in	IN
32027	856	25	assuming	assume	VBG
32027	856	26	the	the	DT
32027	856	27	obligations	obligation	NNS
32027	856	28	of	of	IN
32027	856	29	these	these	DT
32027	856	30	institutions	institution	NNS
32027	856	31	to	to	IN
32027	856	32	the	the	DT
32027	856	33	public	public	NN
32027	856	34	,	,	,
32027	856	35	and	and	CC
32027	856	36	in	in	IN
32027	856	37	winding	wind	VBG
32027	856	38	up	up	RP
32027	856	39	their	-PRON-	PRP$
32027	856	40	affairs	affair	NNS
32027	856	41	in	in	IN
32027	856	42	such	such	PDT
32027	856	43	a	a	DT
32027	856	44	manner	manner	NN
32027	856	45	as	as	IN
32027	856	46	to	to	IN
32027	856	47	occasion	occasion	VB
32027	856	48	little	little	JJ
32027	856	49	disturbance	disturbance	NN
32027	856	50	.	.	.
32027	857	1	While	while	IN
32027	857	2	Canadian	canadian	JJ
32027	857	3	banks	bank	NNS
32027	857	4	are	be	VBP
32027	857	5	free	free	JJ
32027	857	6	to	to	TO
32027	857	7	carry	carry	VB
32027	857	8	on	on	RP
32027	857	9	investment	investment	NN
32027	857	10	as	as	RB
32027	857	11	well	well	RB
32027	857	12	as	as	IN
32027	857	13	commercial	commercial	JJ
32027	857	14	banking	banking	NN
32027	857	15	operations	operation	NNS
32027	857	16	,	,	,
32027	857	17	their	-PRON-	PRP$
32027	857	18	published	publish	VBN
32027	857	19	reports	report	NNS
32027	857	20	indicate	indicate	VBP
32027	857	21	that	that	IN
32027	857	22	they	-PRON-	PRP
32027	857	23	take	take	VBP
32027	857	24	care	care	NN
32027	857	25	to	to	TO
32027	857	26	avoid	avoid	VB
32027	857	27	confusion	confusion	NN
32027	857	28	of	of	IN
32027	857	29	the	the	DT
32027	857	30	two	two	CD
32027	857	31	,	,	,
32027	857	32	or	or	CC
32027	857	33	the	the	DT
32027	857	34	infringement	infringement	NN
32027	857	35	of	of	IN
32027	857	36	one	one	CD
32027	857	37	upon	upon	IN
32027	857	38	the	the	DT
32027	857	39	other	other	JJ
32027	857	40	.	.	.
32027	858	1	Their	-PRON-	PRP$
32027	858	2	holdings	holding	NNS
32027	858	3	of	of	IN
32027	858	4	investment	investment	NN
32027	858	5	securities	security	NNS
32027	858	6	are	be	VBP
32027	858	7	kept	keep	VBN
32027	858	8	well	well	RB
32027	858	9	within	within	IN
32027	858	10	the	the	DT
32027	858	11	limits	limit	NNS
32027	858	12	set	set	VBN
32027	858	13	by	by	IN
32027	858	14	their	-PRON-	PRP$
32027	858	15	aggregate	aggregate	JJ
32027	858	16	capital	capital	NN
32027	858	17	,	,	,
32027	858	18	surplus	surplus	NN
32027	858	19	,	,	,
32027	858	20	and	and	CC
32027	858	21	savings	saving	NNS
32027	858	22	funds	fund	NNS
32027	858	23	,	,	,
32027	858	24	and	and	CC
32027	858	25	their	-PRON-	PRP$
32027	858	26	method	method	NN
32027	858	27	of	of	IN
32027	858	28	handling	handle	VBG
32027	858	29	commercial	commercial	JJ
32027	858	30	business	business	NN
32027	858	31	,	,	,
32027	858	32	based	base	VBN
32027	858	33	as	as	IN
32027	858	34	it	-PRON-	PRP
32027	858	35	is	be	VBZ
32027	858	36	on	on	IN
32027	858	37	accurate	accurate	JJ
32027	858	38	knowledge	knowledge	NN
32027	858	39	of	of	IN
32027	858	40	their	-PRON-	PRP$
32027	858	41	customer	customer	NN
32027	858	42	's	's	POS
32027	858	43	operations	operation	NNS
32027	858	44	and	and	CC
32027	858	45	upon	upon	IN
32027	858	46	the	the	DT
32027	858	47	lien	lien	NN
32027	858	48	upon	upon	IN
32027	858	49	produce	produce	NN
32027	858	50	heretofore	heretofore	RB
32027	858	51	described	describe	VBN
32027	858	52	,	,	,
32027	858	53	prevents	prevent	VBZ
32027	858	54	their	-PRON-	PRP$
32027	858	55	acceptance	acceptance	NN
32027	858	56	,	,	,
32027	858	57	through	through	IN
32027	858	58	ignorance	ignorance	NN
32027	858	59	,	,	,
32027	858	60	of	of	IN
32027	858	61	investment	investment	NN
32027	858	62	securities	security	NNS
32027	858	63	under	under	IN
32027	858	64	commercial	commercial	JJ
32027	858	65	disguise	disguise	NN
32027	858	66	.	.	.
32027	859	1	CHAPTER	CHAPTER	NNP
32027	859	2	VI	VI	NNP
32027	859	3	INVESTMENT	INVESTMENT	NNP
32027	859	4	BANKING	BANKING	NNP
32027	859	5	In	in	IN
32027	859	6	the	the	DT
32027	859	7	economy	economy	NN
32027	859	8	of	of	IN
32027	859	9	nations	nation	NNS
32027	859	10	the	the	DT
32027	859	11	encouragement	encouragement	NN
32027	859	12	and	and	CC
32027	859	13	promotion	promotion	NN
32027	859	14	of	of	IN
32027	859	15	saving	saving	NN
32027	859	16	and	and	CC
32027	859	17	the	the	DT
32027	859	18	accumulation	accumulation	NN
32027	859	19	,	,	,
32027	859	20	distribution	distribution	NN
32027	859	21	,	,	,
32027	859	22	and	and	CC
32027	859	23	investment	investment	NN
32027	859	24	of	of	IN
32027	859	25	capital	capital	NN
32027	859	26	are	be	VBP
32027	859	27	as	as	RB
32027	859	28	essential	essential	JJ
32027	859	29	as	as	IN
32027	859	30	the	the	DT
32027	859	31	conduct	conduct	NN
32027	859	32	of	of	IN
32027	859	33	exchanges	exchange	NNS
32027	859	34	,	,	,
32027	859	35	but	but	CC
32027	859	36	the	the	DT
32027	859	37	performance	performance	NN
32027	859	38	of	of	IN
32027	859	39	these	these	DT
32027	859	40	functions	function	NNS
32027	859	41	has	have	VBZ
32027	859	42	not	not	RB
32027	859	43	been	be	VBN
32027	859	44	segregated	segregate	VBN
32027	859	45	and	and	CC
32027	859	46	institutionalized	institutionalize	VBN
32027	859	47	to	to	IN
32027	859	48	the	the	DT
32027	859	49	same	same	JJ
32027	859	50	extent	extent	NN
32027	859	51	as	as	IN
32027	859	52	has	have	VBZ
32027	859	53	commercial	commercial	JJ
32027	859	54	banking	banking	NN
32027	859	55	.	.	.
32027	860	1	Vast	vast	JJ
32027	860	2	amounts	amount	NNS
32027	860	3	of	of	IN
32027	860	4	capital	capital	NN
32027	860	5	are	be	VBP
32027	860	6	invested	invest	VBN
32027	860	7	directly	directly	RB
32027	860	8	by	by	IN
32027	860	9	the	the	DT
32027	860	10	people	people	NNS
32027	860	11	to	to	TO
32027	860	12	whom	whom	WP
32027	860	13	it	-PRON-	PRP
32027	860	14	belongs	belong	VBZ
32027	860	15	without	without	IN
32027	860	16	the	the	DT
32027	860	17	aid	aid	NN
32027	860	18	of	of	IN
32027	860	19	middlemen	middleman	NNS
32027	860	20	and	and	CC
32027	860	21	large	large	JJ
32027	860	22	amounts	amount	NNS
32027	860	23	are	be	VBP
32027	860	24	also	also	RB
32027	860	25	invested	invest	VBN
32027	860	26	through	through	IN
32027	860	27	brokers	broker	NNS
32027	860	28	of	of	IN
32027	860	29	one	one	CD
32027	860	30	kind	kind	NN
32027	860	31	and	and	CC
32027	860	32	another	another	DT
32027	860	33	who	who	WP
32027	860	34	can	can	MD
32027	860	35	hardly	hardly	RB
32027	860	36	be	be	VB
32027	860	37	classed	class	VBN
32027	860	38	as	as	IN
32027	860	39	bankers	banker	NNS
32027	860	40	.	.	.
32027	861	1	The	the	DT
32027	861	2	most	most	RBS
32027	861	3	important	important	JJ
32027	861	4	types	type	NNS
32027	861	5	of	of	IN
32027	861	6	institutions	institution	NNS
32027	861	7	which	which	WDT
32027	861	8	have	have	VBP
32027	861	9	been	be	VBN
32027	861	10	developed	develop	VBN
32027	861	11	in	in	IN
32027	861	12	connection	connection	NN
32027	861	13	with	with	IN
32027	861	14	these	these	DT
32027	861	15	functions	function	NNS
32027	861	16	are	be	VBP
32027	861	17	savings	saving	NNS
32027	861	18	banks	bank	NNS
32027	861	19	,	,	,
32027	861	20	trust	trust	NN
32027	861	21	companies	company	NNS
32027	861	22	,	,	,
32027	861	23	bond	bond	NN
32027	861	24	houses	house	NNS
32027	861	25	and	and	CC
32027	861	26	investment	investment	NN
32027	861	27	companies	company	NNS
32027	861	28	,	,	,
32027	861	29	land	land	NN
32027	861	30	banks	bank	NNS
32027	861	31	,	,	,
32027	861	32	and	and	CC
32027	861	33	stock	stock	NN
32027	861	34	exchanges	exchange	NNS
32027	861	35	.	.	.
32027	862	1	_	_	NNP
32027	862	2	1	1	CD
32027	862	3	.	.	.
32027	863	1	Saving	Saving	NNP
32027	863	2	and	and	CC
32027	863	3	Savings	Savings	NNP
32027	863	4	Institutions	Institutions	NNPS
32027	863	5	_	_	NNP
32027	863	6	Saving	Saving	NNP
32027	863	7	is	be	VBZ
32027	863	8	an	an	DT
32027	863	9	individual	individual	JJ
32027	863	10	matter	matter	NN
32027	863	11	for	for	IN
32027	863	12	which	which	WDT
32027	863	13	the	the	DT
32027	863	14	essential	essential	JJ
32027	863	15	conditions	condition	NNS
32027	863	16	are	be	VBP
32027	863	17	the	the	DT
32027	863	18	development	development	NN
32027	863	19	of	of	IN
32027	863	20	the	the	DT
32027	863	21	instinct	instinct	NN
32027	863	22	to	to	TO
32027	863	23	make	make	VB
32027	863	24	provision	provision	NN
32027	863	25	against	against	IN
32027	863	26	uncertainties	uncertainty	NNS
32027	863	27	of	of	IN
32027	863	28	future	future	JJ
32027	863	29	income	income	NN
32027	863	30	and	and	CC
32027	863	31	to	to	TO
32027	863	32	better	better	VB
32027	863	33	the	the	DT
32027	863	34	material	material	JJ
32027	863	35	condition	condition	NN
32027	863	36	of	of	IN
32027	863	37	one	one	NN
32027	863	38	's	's	POS
32027	863	39	self	self	NN
32027	863	40	and	and	CC
32027	863	41	family	family	NN
32027	863	42	,	,	,
32027	863	43	and	and	CC
32027	863	44	a	a	DT
32027	863	45	surplus	surplus	NN
32027	863	46	of	of	IN
32027	863	47	income	income	NN
32027	863	48	above	above	IN
32027	863	49	necessary	necessary	JJ
32027	863	50	daily	daily	JJ
32027	863	51	expenditures	expenditure	NNS
32027	863	52	.	.	.
32027	864	1	In	in	IN
32027	864	2	order	order	NN
32027	864	3	to	to	TO
32027	864	4	secure	secure	VB
32027	864	5	the	the	DT
32027	864	6	realization	realization	NN
32027	864	7	of	of	IN
32027	864	8	these	these	DT
32027	864	9	conditions	condition	NNS
32027	864	10	to	to	IN
32027	864	11	as	as	RB
32027	864	12	great	great	JJ
32027	864	13	an	an	DT
32027	864	14	extent	extent	NN
32027	864	15	as	as	IN
32027	864	16	possible	possible	JJ
32027	864	17	,	,	,
32027	864	18	many	many	JJ
32027	864	19	agencies	agency	NNS
32027	864	20	cooperate	cooperate	VBP
32027	864	21	in	in	IN
32027	864	22	all	all	DT
32027	864	23	modern	modern	JJ
32027	864	24	nations	nation	NNS
32027	864	25	,	,	,
32027	864	26	among	among	IN
32027	864	27	them	-PRON-	PRP
32027	864	28	savings	saving	NNS
32027	864	29	institutions	institution	NNS
32027	864	30	.	.	.
32027	865	1	Included	include	VBN
32027	865	2	among	among	IN
32027	865	3	these	these	DT
32027	865	4	are	be	VBP
32027	865	5	various	various	JJ
32027	865	6	forms	form	NNS
32027	865	7	of	of	IN
32027	865	8	provident	provident	JJ
32027	865	9	associations	association	NNS
32027	865	10	,	,	,
32027	865	11	sometimes	sometimes	RB
32027	865	12	independently	independently	RB
32027	865	13	organized	organized	JJ
32027	865	14	and	and	CC
32027	865	15	sometimes	sometimes	RB
32027	865	16	connected	connect	VBN
32027	865	17	with	with	IN
32027	865	18	other	other	JJ
32027	865	19	organizations	organization	NNS
32027	865	20	,	,	,
32027	865	21	insurance	insurance	NN
32027	865	22	associations	association	NNS
32027	865	23	of	of	IN
32027	865	24	many	many	JJ
32027	865	25	kinds	kind	NNS
32027	865	26	,	,	,
32027	865	27	building	building	NN
32027	865	28	and	and	CC
32027	865	29	loan	loan	NN
32027	865	30	societies	society	NNS
32027	865	31	,	,	,
32027	865	32	and	and	CC
32027	865	33	savings	saving	NNS
32027	865	34	banks	bank	NNS
32027	865	35	.	.	.
32027	866	1	The	the	DT
32027	866	2	need	need	NN
32027	866	3	for	for	IN
32027	866	4	savings	saving	NNS
32027	866	5	institutions	institution	NNS
32027	866	6	varies	vary	VBZ
32027	866	7	greatly	greatly	RB
32027	866	8	among	among	IN
32027	866	9	the	the	DT
32027	866	10	different	different	JJ
32027	866	11	nations	nation	NNS
32027	866	12	and	and	CC
32027	866	13	among	among	IN
32027	866	14	different	different	JJ
32027	866	15	classes	class	NNS
32027	866	16	of	of	IN
32027	866	17	people	people	NNS
32027	866	18	in	in	IN
32027	866	19	the	the	DT
32027	866	20	same	same	JJ
32027	866	21	nation	nation	NN
32027	866	22	.	.	.
32027	867	1	Among	among	IN
32027	867	2	people	people	NNS
32027	867	3	of	of	IN
32027	867	4	great	great	JJ
32027	867	5	wealth	wealth	NN
32027	867	6	the	the	DT
32027	867	7	surplus	surplus	NN
32027	867	8	of	of	IN
32027	867	9	income	income	NN
32027	867	10	above	above	IN
32027	867	11	expenditures	expenditure	NNS
32027	867	12	is	be	VBZ
32027	867	13	so	so	RB
32027	867	14	great	great	JJ
32027	867	15	that	that	IN
32027	867	16	large	large	JJ
32027	867	17	savings	saving	NNS
32027	867	18	can	can	MD
32027	867	19	hardly	hardly	RB
32027	867	20	be	be	VB
32027	867	21	avoided	avoid	VBN
32027	867	22	,	,	,
32027	867	23	and	and	CC
32027	867	24	among	among	IN
32027	867	25	all	all	PDT
32027	867	26	the	the	DT
32027	867	27	well	well	RB
32027	867	28	-	-	HYPH
32027	867	29	to	to	TO
32027	867	30	-	-	HYPH
32027	867	31	do	do	VB
32027	867	32	classes	class	NNS
32027	867	33	the	the	DT
32027	867	34	margin	margin	NN
32027	867	35	from	from	IN
32027	867	36	which	which	WDT
32027	867	37	savings	saving	NNS
32027	867	38	are	be	VBP
32027	867	39	possible	possible	JJ
32027	867	40	is	be	VBZ
32027	867	41	sufficiently	sufficiently	RB
32027	867	42	large	large	JJ
32027	867	43	and	and	CC
32027	867	44	the	the	DT
32027	867	45	desire	desire	NN
32027	867	46	to	to	TO
32027	867	47	save	save	VB
32027	867	48	sufficiently	sufficiently	RB
32027	867	49	great	great	JJ
32027	867	50	to	to	TO
32027	867	51	insure	insure	VB
32027	867	52	large	large	JJ
32027	867	53	accumulations	accumulation	NNS
32027	867	54	of	of	IN
32027	867	55	capital	capital	NN
32027	867	56	.	.	.
32027	868	1	Among	among	IN
32027	868	2	these	these	DT
32027	868	3	classes	class	NNS
32027	868	4	there	there	EX
32027	868	5	is	be	VBZ
32027	868	6	little	little	JJ
32027	868	7	or	or	CC
32027	868	8	no	no	DT
32027	868	9	need	need	NN
32027	868	10	for	for	IN
32027	868	11	institutions	institution	NNS
32027	868	12	designed	design	VBN
32027	868	13	primarily	primarily	RB
32027	868	14	for	for	IN
32027	868	15	the	the	DT
32027	868	16	development	development	NN
32027	868	17	of	of	IN
32027	868	18	the	the	DT
32027	868	19	saving	save	VBG
32027	868	20	instinct	instinct	NN
32027	868	21	.	.	.
32027	869	1	What	what	WP
32027	869	2	they	-PRON-	PRP
32027	869	3	need	need	VBP
32027	869	4	are	be	VBP
32027	869	5	institutions	institution	NNS
32027	869	6	for	for	IN
32027	869	7	the	the	DT
32027	869	8	safe	safe	JJ
32027	869	9	keeping	keeping	NN
32027	869	10	,	,	,
32027	869	11	accumulation	accumulation	NN
32027	869	12	,	,	,
32027	869	13	and	and	CC
32027	869	14	investment	investment	NN
32027	869	15	of	of	IN
32027	869	16	the	the	DT
32027	869	17	savings	saving	NNS
32027	869	18	which	which	WDT
32027	869	19	they	-PRON-	PRP
32027	869	20	are	be	VBP
32027	869	21	constantly	constantly	RB
32027	869	22	making	make	VBG
32027	869	23	.	.	.
32027	870	1	The	the	DT
32027	870	2	principal	principal	JJ
32027	870	3	work	work	NN
32027	870	4	of	of	IN
32027	870	5	savings	saving	NNS
32027	870	6	institutions	institution	NNS
32027	870	7	,	,	,
32027	870	8	therefore	therefore	RB
32027	870	9	,	,	,
32027	870	10	pertains	pertain	VBZ
32027	870	11	to	to	IN
32027	870	12	the	the	DT
32027	870	13	classes	class	NNS
32027	870	14	of	of	IN
32027	870	15	people	people	NNS
32027	870	16	who	who	WP
32027	870	17	are	be	VBP
32027	870	18	not	not	RB
32027	870	19	well	well	RB
32027	870	20	-	-	HYPH
32027	870	21	to	to	TO
32027	870	22	-	-	HYPH
32027	870	23	do	do	VB
32027	870	24	and	and	CC
32027	870	25	who	who	WP
32027	870	26	need	need	VBP
32027	870	27	encouragement	encouragement	NN
32027	870	28	and	and	CC
32027	870	29	help	help	VB
32027	870	30	in	in	IN
32027	870	31	their	-PRON-	PRP$
32027	870	32	efforts	effort	NNS
32027	870	33	to	to	TO
32027	870	34	improve	improve	VB
32027	870	35	their	-PRON-	PRP$
32027	870	36	material	material	JJ
32027	870	37	condition	condition	NN
32027	870	38	,	,	,
32027	870	39	if	if	IN
32027	870	40	they	-PRON-	PRP
32027	870	41	are	be	VBP
32027	870	42	so	so	RB
32027	870	43	inclined	inclined	JJ
32027	870	44	,	,	,
32027	870	45	and	and	CC
32027	870	46	stimulus	stimulus	NN
32027	870	47	to	to	TO
32027	870	48	make	make	VB
32027	870	49	such	such	JJ
32027	870	50	efforts	effort	NNS
32027	870	51	,	,	,
32027	870	52	if	if	IN
32027	870	53	they	-PRON-	PRP
32027	870	54	are	be	VBP
32027	870	55	not	not	RB
32027	870	56	so	so	RB
32027	870	57	inclined	inclined	JJ
32027	870	58	.	.	.
32027	871	1	The	the	DT
32027	871	2	means	mean	NNS
32027	871	3	available	available	JJ
32027	871	4	to	to	IN
32027	871	5	savings	saving	NNS
32027	871	6	institutions	institution	NNS
32027	871	7	for	for	IN
32027	871	8	the	the	DT
32027	871	9	accomplishment	accomplishment	NN
32027	871	10	of	of	IN
32027	871	11	these	these	DT
32027	871	12	ends	end	NNS
32027	871	13	are	be	VBP
32027	871	14	the	the	DT
32027	871	15	urging	urging	NN
32027	871	16	of	of	IN
32027	871	17	the	the	DT
32027	871	18	importance	importance	NN
32027	871	19	of	of	IN
32027	871	20	saving	save	VBG
32027	871	21	upon	upon	IN
32027	871	22	the	the	DT
32027	871	23	attention	attention	NN
32027	871	24	of	of	IN
32027	871	25	people	people	NNS
32027	871	26	who	who	WP
32027	871	27	do	do	VBP
32027	871	28	not	not	RB
32027	871	29	adequately	adequately	RB
32027	871	30	appreciate	appreciate	VB
32027	871	31	it	-PRON-	PRP
32027	871	32	,	,	,
32027	871	33	the	the	DT
32027	871	34	placing	placing	NN
32027	871	35	at	at	IN
32027	871	36	their	-PRON-	PRP$
32027	871	37	easy	easy	JJ
32027	871	38	disposal	disposal	NN
32027	871	39	of	of	IN
32027	871	40	facilities	facility	NNS
32027	871	41	for	for	IN
32027	871	42	making	make	VBG
32027	871	43	savings	saving	NNS
32027	871	44	when	when	WRB
32027	871	45	they	-PRON-	PRP
32027	871	46	have	have	VBP
32027	871	47	the	the	DT
32027	871	48	ability	ability	NN
32027	871	49	and	and	CC
32027	871	50	inclination	inclination	NN
32027	871	51	to	to	TO
32027	871	52	save	save	VB
32027	871	53	,	,	,
32027	871	54	and	and	CC
32027	871	55	the	the	DT
32027	871	56	application	application	NN
32027	871	57	of	of	IN
32027	871	58	pressure	pressure	NN
32027	871	59	of	of	IN
32027	871	60	various	various	JJ
32027	871	61	kinds	kind	NNS
32027	871	62	to	to	TO
32027	871	63	compel	compel	VB
32027	871	64	or	or	CC
32027	871	65	induce	induce	VB
32027	871	66	saving	save	VBG
32027	871	67	.	.	.
32027	872	1	In	in	IN
32027	872	2	the	the	DT
32027	872	3	application	application	NN
32027	872	4	of	of	IN
32027	872	5	these	these	DT
32027	872	6	means	mean	VBZ
32027	872	7	the	the	DT
32027	872	8	methods	method	NNS
32027	872	9	employed	employ	VBN
32027	872	10	by	by	IN
32027	872	11	the	the	DT
32027	872	12	various	various	JJ
32027	872	13	groups	group	NNS
32027	872	14	of	of	IN
32027	872	15	institutions	institution	NNS
32027	872	16	mentioned	mention	VBD
32027	872	17	differ	differ	VBP
32027	872	18	widely	widely	RB
32027	872	19	and	and	CC
32027	872	20	they	-PRON-	PRP
32027	872	21	are	be	VBP
32027	872	22	efficient	efficient	JJ
32027	872	23	in	in	IN
32027	872	24	different	different	JJ
32027	872	25	degrees	degree	NNS
32027	872	26	,	,	,
32027	872	27	partly	partly	RB
32027	872	28	because	because	IN
32027	872	29	they	-PRON-	PRP
32027	872	30	have	have	VBP
32027	872	31	other	other	JJ
32027	872	32	objects	object	NNS
32027	872	33	in	in	IN
32027	872	34	view	view	NN
32027	872	35	besides	besides	IN
32027	872	36	the	the	DT
32027	872	37	promotion	promotion	NN
32027	872	38	of	of	IN
32027	872	39	saving	saving	NN
32027	872	40	and	and	CC
32027	872	41	partly	partly	RB
32027	872	42	because	because	IN
32027	872	43	they	-PRON-	PRP
32027	872	44	deal	deal	VBP
32027	872	45	with	with	IN
32027	872	46	different	different	JJ
32027	872	47	classes	class	NNS
32027	872	48	of	of	IN
32027	872	49	people	people	NNS
32027	872	50	.	.	.
32027	873	1	Savings	saving	NNS
32027	873	2	banks	bank	NNS
32027	873	3	constitute	constitute	VBP
32027	873	4	the	the	DT
32027	873	5	only	only	JJ
32027	873	6	group	group	NN
32027	873	7	to	to	TO
32027	873	8	which	which	WDT
32027	873	9	the	the	DT
32027	873	10	term	term	NN
32027	873	11	bank	bank	NN
32027	873	12	can	can	MD
32027	873	13	properly	properly	RB
32027	873	14	be	be	VB
32027	873	15	applied	apply	VBN
32027	873	16	and	and	CC
32027	873	17	consequently	consequently	RB
32027	873	18	the	the	DT
32027	873	19	only	only	JJ
32027	873	20	one	one	CD
32027	873	21	to	to	TO
32027	873	22	which	which	WDT
32027	873	23	attention	attention	NN
32027	873	24	will	will	MD
32027	873	25	here	here	RB
32027	873	26	be	be	VB
32027	873	27	given	give	VBN
32027	873	28	.	.	.
32027	874	1	In	in	IN
32027	874	2	a	a	DT
32027	874	3	book	book	NN
32027	874	4	entitled	entitle	VBN
32027	874	5	,	,	,
32027	874	6	_	_	NNP
32027	874	7	Savings	Savings	NNP
32027	874	8	and	and	CC
32027	874	9	Savings	Savings	NNP
32027	874	10	Institutions	Institutions	NNP
32027	874	11	_	_	NNP
32027	874	12	,	,	,
32027	874	13	written	write	VBN
32027	874	14	by	by	IN
32027	874	15	Professor	Professor	NNP
32027	874	16	Hamilton	Hamilton	NNP
32027	874	17	of	of	IN
32027	874	18	Syracuse	Syracuse	NNP
32027	874	19	University	University	NNP
32027	874	20	,	,	,
32027	874	21	the	the	DT
32027	874	22	following	follow	VBG
32027	874	23	definition	definition	NN
32027	874	24	is	be	VBZ
32027	874	25	given:[Pages	given:[Pages	NNP
32027	874	26	161	161	CD
32027	874	27	and	and	CC
32027	874	28	162	162	CD
32027	874	29	.	.	.
32027	874	30	]	]	-RRB-
32027	875	1	Savings	saving	NNS
32027	875	2	banks	bank	NNS
32027	875	3	are	be	VBP
32027	875	4	institutions	institution	NNS
32027	875	5	established	establish	VBN
32027	875	6	by	by	IN
32027	875	7	public	public	JJ
32027	875	8	authority	authority	NN
32027	875	9	,	,	,
32027	875	10	or	or	CC
32027	875	11	by	by	IN
32027	875	12	private	private	JJ
32027	875	13	persons	person	NNS
32027	875	14	,	,	,
32027	875	15	in	in	IN
32027	875	16	order	order	NN
32027	875	17	to	to	TO
32027	875	18	encourage	encourage	VB
32027	875	19	habits	habit	NNS
32027	875	20	of	of	IN
32027	875	21	saving	saving	NN
32027	875	22	by	by	IN
32027	875	23	affording	afford	VBG
32027	875	24	special	special	JJ
32027	875	25	security	security	NN
32027	875	26	to	to	IN
32027	875	27	owners	owner	NNS
32027	875	28	of	of	IN
32027	875	29	deposits	deposit	NNS
32027	875	30	,	,	,
32027	875	31	and	and	CC
32027	875	32	by	by	IN
32027	875	33	the	the	DT
32027	875	34	payment	payment	NN
32027	875	35	of	of	IN
32027	875	36	interest	interest	NN
32027	875	37	to	to	IN
32027	875	38	the	the	DT
32027	875	39	full	full	JJ
32027	875	40	extent	extent	NN
32027	875	41	of	of	IN
32027	875	42	the	the	DT
32027	875	43	net	net	JJ
32027	875	44	earnings	earning	NNS
32027	875	45	,	,	,
32027	875	46	less	less	JJR
32027	875	47	whatever	whatever	WDT
32027	875	48	reserve	reserve	NN
32027	875	49	the	the	DT
32027	875	50	management	management	NN
32027	875	51	may	may	MD
32027	875	52	deem	deem	VB
32027	875	53	expedient	expedient	NN
32027	875	54	for	for	IN
32027	875	55	a	a	DT
32027	875	56	safety	safety	NN
32027	875	57	fund	fund	NN
32027	875	58	;	;	:
32027	875	59	and	and	CC
32027	875	60	in	in	IN
32027	875	61	furtherance	furtherance	NN
32027	875	62	of	of	IN
32027	875	63	this	this	DT
32027	875	64	purpose	purpose	NN
32027	875	65	bank	bank	NN
32027	875	66	offices	office	NNS
32027	875	67	are	be	VBP
32027	875	68	located	locate	VBN
32027	875	69	at	at	IN
32027	875	70	places	place	NNS
32027	875	71	where	where	WRB
32027	875	72	they	-PRON-	PRP
32027	875	73	are	be	VBP
32027	875	74	calculated	calculate	VBN
32027	875	75	to	to	TO
32027	875	76	encourage	encourage	VB
32027	875	77	savings	saving	NNS
32027	875	78	among	among	IN
32027	875	79	those	those	DT
32027	875	80	persons	person	NNS
32027	875	81	who	who	WP
32027	875	82	most	most	RBS
32027	875	83	need	need	VBP
32027	875	84	such	such	JJ
32027	875	85	encouragement	encouragement	NN
32027	875	86	.	.	.
32027	876	1	Professor	Professor	NNP
32027	876	2	Hamilton	Hamilton	NNP
32027	876	3	classifies	classify	VBZ
32027	876	4	these	these	DT
32027	876	5	institutions	institution	NNS
32027	876	6	as	as	IN
32027	876	7	trustee	trustee	NN
32027	876	8	,	,	,
32027	876	9	cooperative	cooperative	JJ
32027	876	10	,	,	,
32027	876	11	municipal	municipal	JJ
32027	876	12	,	,	,
32027	876	13	and	and	CC
32027	876	14	postal	postal	JJ
32027	876	15	savings	saving	NNS
32027	876	16	banks	bank	NNS
32027	876	17	.	.	.
32027	877	1	In	in	IN
32027	877	2	the	the	DT
32027	877	3	first	first	JJ
32027	877	4	group	group	NN
32027	877	5	he	-PRON-	PRP
32027	877	6	places	place	VBZ
32027	877	7	institutions	institution	NNS
32027	877	8	managed	manage	VBN
32027	877	9	by	by	IN
32027	877	10	boards	board	NNS
32027	877	11	of	of	IN
32027	877	12	philanthropically	philanthropically	RB
32027	877	13	inclined	incline	VBN
32027	877	14	persons	person	NNS
32027	877	15	who	who	WP
32027	877	16	serve	serve	VBP
32027	877	17	without	without	IN
32027	877	18	pay	pay	NN
32027	877	19	;	;	:
32027	877	20	in	in	IN
32027	877	21	the	the	DT
32027	877	22	second	second	JJ
32027	877	23	,	,	,
32027	877	24	those	those	DT
32027	877	25	managed	manage	VBN
32027	877	26	cooperatively	cooperatively	RB
32027	877	27	by	by	IN
32027	877	28	the	the	DT
32027	877	29	people	people	NNS
32027	877	30	who	who	WP
32027	877	31	make	make	VBP
32027	877	32	use	use	NN
32027	877	33	of	of	IN
32027	877	34	them	-PRON-	PRP
32027	877	35	;	;	:
32027	877	36	in	in	IN
32027	877	37	the	the	DT
32027	877	38	third	third	JJ
32027	877	39	,	,	,
32027	877	40	those	those	DT
32027	877	41	established	establish	VBN
32027	877	42	and	and	CC
32027	877	43	administered	administer	VBN
32027	877	44	by	by	IN
32027	877	45	municipalities	municipality	NNS
32027	877	46	;	;	:
32027	877	47	and	and	CC
32027	877	48	in	in	IN
32027	877	49	the	the	DT
32027	877	50	fourth	fourth	JJ
32027	877	51	,	,	,
32027	877	52	those	those	DT
32027	877	53	connected	connected	JJ
32027	877	54	with	with	IN
32027	877	55	the	the	DT
32027	877	56	post	post	JJ
32027	877	57	-	-	JJ
32027	877	58	office	office	JJ
32027	877	59	departments	department	NNS
32027	877	60	of	of	IN
32027	877	61	governments	government	NNS
32027	877	62	.	.	.
32027	878	1	The	the	DT
32027	878	2	strength	strength	NN
32027	878	3	of	of	IN
32027	878	4	trustee	trustee	NN
32027	878	5	savings	saving	NNS
32027	878	6	banks	bank	NNS
32027	878	7	lies	lie	VBZ
32027	878	8	in	in	IN
32027	878	9	the	the	DT
32027	878	10	comparatively	comparatively	RB
32027	878	11	low	low	JJ
32027	878	12	costs	cost	NNS
32027	878	13	of	of	IN
32027	878	14	their	-PRON-	PRP$
32027	878	15	administration	administration	NN
32027	878	16	and	and	CC
32027	878	17	in	in	IN
32027	878	18	the	the	DT
32027	878	19	fact	fact	NN
32027	878	20	that	that	IN
32027	878	21	in	in	IN
32027	878	22	their	-PRON-	PRP$
32027	878	23	investments	investment	NNS
32027	878	24	they	-PRON-	PRP
32027	878	25	are	be	VBP
32027	878	26	likely	likely	JJ
32027	878	27	to	to	TO
32027	878	28	enjoy	enjoy	VB
32027	878	29	the	the	DT
32027	878	30	advantages	advantage	NNS
32027	878	31	of	of	IN
32027	878	32	the	the	DT
32027	878	33	judgment	judgment	NN
32027	878	34	and	and	CC
32027	878	35	enthusiasm	enthusiasm	NN
32027	878	36	of	of	IN
32027	878	37	people	people	NNS
32027	878	38	skilled	skilled	JJ
32027	878	39	in	in	IN
32027	878	40	the	the	DT
32027	878	41	investment	investment	NN
32027	878	42	business	business	NN
32027	878	43	;	;	:
32027	878	44	that	that	DT
32027	878	45	of	of	IN
32027	878	46	cooperative	cooperative	JJ
32027	878	47	savings	saving	NNS
32027	878	48	banks	bank	NNS
32027	878	49	,	,	,
32027	878	50	in	in	IN
32027	878	51	their	-PRON-	PRP$
32027	878	52	adaptability	adaptability	NN
32027	878	53	to	to	IN
32027	878	54	the	the	DT
32027	878	55	special	special	JJ
32027	878	56	needs	need	NNS
32027	878	57	of	of	IN
32027	878	58	their	-PRON-	PRP$
32027	878	59	constituents	constituent	NNS
32027	878	60	and	and	CC
32027	878	61	in	in	IN
32027	878	62	the	the	DT
32027	878	63	education	education	NN
32027	878	64	which	which	WDT
32027	878	65	cooperative	cooperative	JJ
32027	878	66	administration	administration	NN
32027	878	67	involves	involve	VBZ
32027	878	68	;	;	:
32027	878	69	and	and	CC
32027	878	70	that	that	DT
32027	878	71	of	of	IN
32027	878	72	municipal	municipal	JJ
32027	878	73	,	,	,
32027	878	74	and	and	CC
32027	878	75	especially	especially	RB
32027	878	76	of	of	IN
32027	878	77	postal	postal	JJ
32027	878	78	savings	saving	NNS
32027	878	79	banks	bank	NNS
32027	878	80	,	,	,
32027	878	81	in	in	IN
32027	878	82	their	-PRON-	PRP$
32027	878	83	capacity	capacity	NN
32027	878	84	to	to	TO
32027	878	85	place	place	VB
32027	878	86	their	-PRON-	PRP$
32027	878	87	services	service	NNS
32027	878	88	within	within	IN
32027	878	89	the	the	DT
32027	878	90	easy	easy	JJ
32027	878	91	reach	reach	NN
32027	878	92	of	of	IN
32027	878	93	all	all	DT
32027	878	94	who	who	WP
32027	878	95	need	need	VBP
32027	878	96	them	-PRON-	PRP
32027	878	97	and	and	CC
32027	878	98	in	in	IN
32027	878	99	the	the	DT
32027	878	100	confidence	confidence	NN
32027	878	101	which	which	WDT
32027	878	102	their	-PRON-	PRP$
32027	878	103	public	public	JJ
32027	878	104	character	character	NN
32027	878	105	inspires	inspire	NNS
32027	878	106	.	.	.
32027	879	1	In	in	IN
32027	879	2	the	the	DT
32027	879	3	investment	investment	NN
32027	879	4	of	of	IN
32027	879	5	the	the	DT
32027	879	6	funds	fund	NNS
32027	879	7	intrusted	intrust	VBN
32027	879	8	to	to	IN
32027	879	9	savings	saving	NNS
32027	879	10	banks	bank	NNS
32027	879	11	,	,	,
32027	879	12	safety	safety	NN
32027	879	13	and	and	CC
32027	879	14	as	as	IN
32027	879	15	large	large	JJ
32027	879	16	returns	return	NNS
32027	879	17	as	as	IN
32027	879	18	are	be	VBP
32027	879	19	consistent	consistent	JJ
32027	879	20	with	with	IN
32027	879	21	it	-PRON-	PRP
32027	879	22	,	,	,
32027	879	23	rather	rather	RB
32027	879	24	than	than	IN
32027	879	25	ease	ease	NN
32027	879	26	of	of	IN
32027	879	27	liquidation	liquidation	NN
32027	879	28	,	,	,
32027	879	29	are	be	VBP
32027	879	30	the	the	DT
32027	879	31	prime	prime	JJ
32027	879	32	considerations	consideration	NNS
32027	879	33	,	,	,
32027	879	34	and	and	CC
32027	879	35	hence	hence	RB
32027	879	36	they	-PRON-	PRP
32027	879	37	usually	usually	RB
32027	879	38	take	take	VBP
32027	879	39	the	the	DT
32027	879	40	form	form	NN
32027	879	41	of	of	IN
32027	879	42	high	high	JJ
32027	879	43	grade	grade	NN
32027	879	44	investment	investment	NN
32027	879	45	securities	security	NNS
32027	879	46	rather	rather	RB
32027	879	47	than	than	IN
32027	879	48	of	of	IN
32027	879	49	commercial	commercial	JJ
32027	879	50	paper	paper	NN
32027	879	51	.	.	.
32027	880	1	Their	-PRON-	PRP$
32027	880	2	deposits	deposit	NNS
32027	880	3	are	be	VBP
32027	880	4	usually	usually	RB
32027	880	5	subject	subject	JJ
32027	880	6	to	to	IN
32027	880	7	withdrawal	withdrawal	NN
32027	880	8	only	only	RB
32027	880	9	after	after	IN
32027	880	10	due	due	JJ
32027	880	11	notice	notice	NN
32027	880	12	,	,	,
32027	880	13	and	and	CC
32027	880	14	,	,	,
32027	880	15	being	be	VBG
32027	880	16	savings	saving	NNS
32027	880	17	deposits	deposit	NNS
32027	880	18	,	,	,
32027	880	19	their	-PRON-	PRP$
32027	880	20	withdrawal	withdrawal	NN
32027	880	21	usually	usually	RB
32027	880	22	follows	follow	VBZ
32027	880	23	only	only	RB
32027	880	24	after	after	IN
32027	880	25	the	the	DT
32027	880	26	lapse	lapse	NN
32027	880	27	of	of	IN
32027	880	28	a	a	DT
32027	880	29	considerable	considerable	JJ
32027	880	30	period	period	NN
32027	880	31	of	of	IN
32027	880	32	time	time	NN
32027	880	33	.	.	.
32027	881	1	The	the	DT
32027	881	2	purpose	purpose	NN
32027	881	3	of	of	IN
32027	881	4	their	-PRON-	PRP$
32027	881	5	withdrawal	withdrawal	NN
32027	881	6	is	be	VBZ
32027	881	7	frequently	frequently	RB
32027	881	8	investment	investment	NN
32027	881	9	and	and	CC
32027	881	10	this	this	DT
32027	881	11	is	be	VBZ
32027	881	12	sometimes	sometimes	RB
32027	881	13	made	make	VBN
32027	881	14	through	through	IN
32027	881	15	the	the	DT
32027	881	16	agency	agency	NN
32027	881	17	of	of	IN
32027	881	18	the	the	DT
32027	881	19	bank	bank	NN
32027	881	20	which	which	WDT
32027	881	21	held	hold	VBD
32027	881	22	the	the	DT
32027	881	23	deposit	deposit	NN
32027	881	24	and	and	CC
32027	881	25	may	may	MD
32027	881	26	involve	involve	VB
32027	881	27	merely	merely	RB
32027	881	28	a	a	DT
32027	881	29	transfer	transfer	NN
32027	881	30	of	of	IN
32027	881	31	securities	security	NNS
32027	881	32	.	.	.
32027	882	1	Outside	outside	IN
32027	882	2	of	of	IN
32027	882	3	the	the	DT
32027	882	4	New	New	NNP
32027	882	5	England	England	NNP
32027	882	6	and	and	CC
32027	882	7	middle	middle	JJ
32027	882	8	states	state	NNS
32027	882	9	,	,	,
32027	882	10	savings	saving	NNS
32027	882	11	banks	bank	NNS
32027	882	12	were	be	VBD
32027	882	13	rare	rare	JJ
32027	882	14	in	in	IN
32027	882	15	this	this	DT
32027	882	16	country	country	NN
32027	882	17	previous	previous	JJ
32027	882	18	to	to	IN
32027	882	19	the	the	DT
32027	882	20	inauguration	inauguration	NN
32027	882	21	of	of	IN
32027	882	22	our	-PRON-	PRP$
32027	882	23	postal	postal	JJ
32027	882	24	savings	saving	NNS
32027	882	25	bank	bank	NN
32027	882	26	system	system	NN
32027	882	27	in	in	IN
32027	882	28	1911	1911	CD
32027	882	29	.	.	.
32027	883	1	The	the	DT
32027	883	2	explanation	explanation	NN
32027	883	3	of	of	IN
32027	883	4	this	this	DT
32027	883	5	condition	condition	NN
32027	883	6	is	be	VBZ
32027	883	7	doubtless	doubtless	JJ
32027	883	8	to	to	TO
32027	883	9	be	be	VB
32027	883	10	found	find	VBN
32027	883	11	chiefly	chiefly	RB
32027	883	12	in	in	IN
32027	883	13	the	the	DT
32027	883	14	wide	wide	JJ
32027	883	15	extension	extension	NN
32027	883	16	of	of	IN
32027	883	17	private	private	JJ
32027	883	18	,	,	,
32027	883	19	state	state	NN
32027	883	20	,	,	,
32027	883	21	and	and	CC
32027	883	22	national	national	JJ
32027	883	23	banks	bank	NNS
32027	883	24	,	,	,
32027	883	25	and	and	CC
32027	883	26	trust	trust	NN
32027	883	27	companies	company	NNS
32027	883	28	,	,	,
32027	883	29	practically	practically	RB
32027	883	30	all	all	DT
32027	883	31	of	of	IN
32027	883	32	which	which	WDT
32027	883	33	conduct	conduct	VBP
32027	883	34	savings	saving	NNS
32027	883	35	departments	department	NNS
32027	883	36	and	and	CC
32027	883	37	solicit	solicit	VB
32027	883	38	the	the	DT
32027	883	39	patronage	patronage	NN
32027	883	40	of	of	IN
32027	883	41	savers	saver	NNS
32027	883	42	.	.	.
32027	884	1	These	these	DT
32027	884	2	institutions	institution	NNS
32027	884	3	have	have	VBP
32027	884	4	coveted	covet	VBN
32027	884	5	this	this	DT
32027	884	6	field	field	NN
32027	884	7	and	and	CC
32027	884	8	have	have	VBP
32027	884	9	not	not	RB
32027	884	10	encouraged	encourage	VBN
32027	884	11	the	the	DT
32027	884	12	establishment	establishment	NN
32027	884	13	of	of	IN
32027	884	14	savings	saving	NNS
32027	884	15	banks	bank	NNS
32027	884	16	.	.	.
32027	885	1	There	there	EX
32027	885	2	is	be	VBZ
32027	885	3	reason	reason	NN
32027	885	4	to	to	TO
32027	885	5	believe	believe	VB
32027	885	6	,	,	,
32027	885	7	however	however	RB
32027	885	8	,	,	,
32027	885	9	that	that	IN
32027	885	10	they	-PRON-	PRP
32027	885	11	have	have	VBP
32027	885	12	not	not	RB
32027	885	13	worked	work	VBN
32027	885	14	the	the	DT
32027	885	15	field	field	NN
32027	885	16	as	as	RB
32027	885	17	thoroughly	thoroughly	RB
32027	885	18	as	as	IN
32027	885	19	savings	saving	NNS
32027	885	20	banks	bank	NNS
32027	885	21	would	would	MD
32027	885	22	have	have	VB
32027	885	23	done	do	VBN
32027	885	24	and	and	CC
32027	885	25	that	that	IN
32027	885	26	,	,	,
32027	885	27	on	on	IN
32027	885	28	account	account	NN
32027	885	29	of	of	IN
32027	885	30	the	the	DT
32027	885	31	dominance	dominance	NN
32027	885	32	of	of	IN
32027	885	33	their	-PRON-	PRP$
32027	885	34	other	other	JJ
32027	885	35	interests	interest	NNS
32027	885	36	,	,	,
32027	885	37	they	-PRON-	PRP
32027	885	38	are	be	VBP
32027	885	39	not	not	RB
32027	885	40	as	as	RB
32027	885	41	well	well	RB
32027	885	42	fitted	fit	VBN
32027	885	43	as	as	IN
32027	885	44	savings	saving	NNS
32027	885	45	banks	bank	NNS
32027	885	46	to	to	TO
32027	885	47	work	work	VB
32027	885	48	the	the	DT
32027	885	49	field	field	NN
32027	885	50	thoroughly	thoroughly	RB
32027	885	51	.	.	.
32027	886	1	Moreover	moreover	RB
32027	886	2	it	-PRON-	PRP
32027	886	3	is	be	VBZ
32027	886	4	probable	probable	JJ
32027	886	5	that	that	IN
32027	886	6	they	-PRON-	PRP
32027	886	7	are	be	VBP
32027	886	8	not	not	RB
32027	886	9	able	able	JJ
32027	886	10	to	to	TO
32027	886	11	pay	pay	VB
32027	886	12	as	as	RB
32027	886	13	high	high	JJ
32027	886	14	a	a	DT
32027	886	15	rate	rate	NN
32027	886	16	on	on	IN
32027	886	17	deposits	deposit	NNS
32027	886	18	as	as	RB
32027	886	19	well	well	RB
32027	886	20	conducted	conduct	VBN
32027	886	21	savings	saving	NNS
32027	886	22	banks	bank	NNS
32027	886	23	would	would	MD
32027	886	24	be	be	VB
32027	886	25	able	able	JJ
32027	886	26	to	to	TO
32027	886	27	pay	pay	VB
32027	886	28	.	.	.
32027	887	1	There	there	EX
32027	887	2	seems	seem	VBZ
32027	887	3	,	,	,
32027	887	4	therefore	therefore	RB
32027	887	5	,	,	,
32027	887	6	to	to	TO
32027	887	7	be	be	VB
32027	887	8	room	room	NN
32027	887	9	,	,	,
32027	887	10	and	and	CC
32027	887	11	probably	probably	RB
32027	887	12	need	need	VBP
32027	887	13	,	,	,
32027	887	14	here	here	RB
32027	887	15	for	for	IN
32027	887	16	the	the	DT
32027	887	17	development	development	NN
32027	887	18	of	of	IN
32027	887	19	savings	saving	NNS
32027	887	20	banks	bank	NNS
32027	887	21	of	of	IN
32027	887	22	some	some	DT
32027	887	23	at	at	IN
32027	887	24	least	least	JJS
32027	887	25	,	,	,
32027	887	26	if	if	IN
32027	887	27	not	not	RB
32027	887	28	all	all	DT
32027	887	29	,	,	,
32027	887	30	of	of	IN
32027	887	31	the	the	DT
32027	887	32	types	type	NNS
32027	887	33	above	above	IN
32027	887	34	described	describe	VBD
32027	887	35	.	.	.
32027	888	1	_	_	NNP
32027	888	2	2	2	CD
32027	888	3	.	.	.
32027	889	1	Trust	trust	VB
32027	889	2	Companies	company	NNS
32027	889	3	_	_	XX
32027	889	4	Within	within	IN
32027	889	5	a	a	DT
32027	889	6	comparatively	comparatively	RB
32027	889	7	short	short	JJ
32027	889	8	period	period	NN
32027	889	9	of	of	IN
32027	889	10	time	time	NN
32027	889	11	the	the	DT
32027	889	12	trust	trust	NN
32027	889	13	company	company	NN
32027	889	14	has	have	VBZ
32027	889	15	developed	develop	VBN
32027	889	16	into	into	IN
32027	889	17	an	an	DT
32027	889	18	institution	institution	NN
32027	889	19	of	of	IN
32027	889	20	prime	prime	JJ
32027	889	21	importance	importance	NN
32027	889	22	in	in	IN
32027	889	23	the	the	DT
32027	889	24	United	United	NNP
32027	889	25	States	States	NNP
32027	889	26	.	.	.
32027	890	1	In	in	IN
32027	890	2	the	the	DT
32027	890	3	beginning	beginning	NN
32027	890	4	of	of	IN
32027	890	5	its	-PRON-	PRP$
32027	890	6	history	history	NN
32027	890	7	it	-PRON-	PRP
32027	890	8	was	be	VBD
32027	890	9	,	,	,
32027	890	10	as	as	IN
32027	890	11	its	-PRON-	PRP$
32027	890	12	name	name	NN
32027	890	13	implies	imply	VBZ
32027	890	14	,	,	,
32027	890	15	simply	simply	RB
32027	890	16	an	an	DT
32027	890	17	institution	institution	NN
32027	890	18	for	for	IN
32027	890	19	the	the	DT
32027	890	20	administration	administration	NN
32027	890	21	of	of	IN
32027	890	22	trusts	trust	NNS
32027	890	23	of	of	IN
32027	890	24	various	various	JJ
32027	890	25	kinds	kind	NNS
32027	890	26	,	,	,
32027	890	27	such	such	JJ
32027	890	28	as	as	IN
32027	890	29	the	the	DT
32027	890	30	execution	execution	NN
32027	890	31	of	of	IN
32027	890	32	wills	will	NNS
32027	890	33	,	,	,
32027	890	34	the	the	DT
32027	890	35	guardianship	guardianship	NN
32027	890	36	of	of	IN
32027	890	37	minors	minor	NNS
32027	890	38	and	and	CC
32027	890	39	other	other	JJ
32027	890	40	dependent	dependent	JJ
32027	890	41	persons	person	NNS
32027	890	42	,	,	,
32027	890	43	the	the	DT
32027	890	44	administration	administration	NN
32027	890	45	of	of	IN
32027	890	46	the	the	DT
32027	890	47	estates	estate	NNS
32027	890	48	of	of	IN
32027	890	49	persons	person	NNS
32027	890	50	either	either	CC
32027	890	51	unable	unable	JJ
32027	890	52	or	or	CC
32027	890	53	unwilling	unwilling	JJ
32027	890	54	to	to	TO
32027	890	55	administer	administer	VB
32027	890	56	them	-PRON-	PRP
32027	890	57	for	for	IN
32027	890	58	themselves	-PRON-	PRP
32027	890	59	,	,	,
32027	890	60	and	and	CC
32027	890	61	trusteeship	trusteeship	NN
32027	890	62	under	under	IN
32027	890	63	corporate	corporate	JJ
32027	890	64	mortgages	mortgage	NNS
32027	890	65	,	,	,
32027	890	66	especially	especially	RB
32027	890	67	those	those	DT
32027	890	68	of	of	IN
32027	890	69	railroads	railroad	NNS
32027	890	70	.	.	.
32027	891	1	In	in	IN
32027	891	2	the	the	DT
32027	891	3	latter	latter	JJ
32027	891	4	capacity	capacity	NN
32027	891	5	they	-PRON-	PRP
32027	891	6	became	become	VBD
32027	891	7	mortgagees	mortgagee	NNS
32027	891	8	in	in	IN
32027	891	9	trust	trust	NN
32027	891	10	for	for	IN
32027	891	11	bondholders	bondholder	NNS
32027	891	12	,	,	,
32027	891	13	registering	register	VBG
32027	891	14	the	the	DT
32027	891	15	bonds	bond	NNS
32027	891	16	,	,	,
32027	891	17	collecting	collect	VBG
32027	891	18	the	the	DT
32027	891	19	interest	interest	NN
32027	891	20	as	as	IN
32027	891	21	it	-PRON-	PRP
32027	891	22	became	become	VBD
32027	891	23	due	due	JJ
32027	891	24	,	,	,
32027	891	25	paying	pay	VBG
32027	891	26	the	the	DT
32027	891	27	bonds	bond	NNS
32027	891	28	at	at	IN
32027	891	29	maturity	maturity	NN
32027	891	30	,	,	,
32027	891	31	and	and	CC
32027	891	32	in	in	IN
32027	891	33	case	case	NN
32027	891	34	of	of	IN
32027	891	35	default	default	NN
32027	891	36	taking	take	VBG
32027	891	37	the	the	DT
32027	891	38	legal	legal	JJ
32027	891	39	steps	step	NNS
32027	891	40	which	which	WDT
32027	891	41	were	be	VBD
32027	891	42	necessary	necessary	JJ
32027	891	43	for	for	IN
32027	891	44	the	the	DT
32027	891	45	protection	protection	NN
32027	891	46	of	of	IN
32027	891	47	the	the	DT
32027	891	48	bondholders	bondholder	NNS
32027	891	49	.	.	.
32027	892	1	The	the	DT
32027	892	2	execution	execution	NN
32027	892	3	of	of	IN
32027	892	4	these	these	DT
32027	892	5	trusts	trust	NNS
32027	892	6	involved	involve	VBN
32027	892	7	in	in	IN
32027	892	8	most	most	JJS
32027	892	9	cases	case	NNS
32027	892	10	the	the	DT
32027	892	11	custody	custody	NN
32027	892	12	and	and	CC
32027	892	13	investment	investment	NN
32027	892	14	of	of	IN
32027	892	15	funds	fund	NNS
32027	892	16	,	,	,
32027	892	17	so	so	IN
32027	892	18	that	that	IN
32027	892	19	investment	investment	NN
32027	892	20	banking	banking	NN
32027	892	21	became	become	VBD
32027	892	22	a	a	DT
32027	892	23	part	part	NN
32027	892	24	of	of	IN
32027	892	25	their	-PRON-	PRP$
32027	892	26	business	business	NN
32027	892	27	almost	almost	RB
32027	892	28	from	from	IN
32027	892	29	the	the	DT
32027	892	30	beginning	beginning	NN
32027	892	31	,	,	,
32027	892	32	and	and	CC
32027	892	33	,	,	,
32027	892	34	in	in	IN
32027	892	35	time	time	NN
32027	892	36	,	,	,
32027	892	37	in	in	IN
32027	892	38	states	state	NNS
32027	892	39	in	in	IN
32027	892	40	which	which	WDT
32027	892	41	the	the	DT
32027	892	42	laws	law	NNS
32027	892	43	passed	pass	VBD
32027	892	44	for	for	IN
32027	892	45	their	-PRON-	PRP$
32027	892	46	regulation	regulation	NN
32027	892	47	did	do	VBD
32027	892	48	not	not	RB
32027	892	49	prevent	prevent	VB
32027	892	50	,	,	,
32027	892	51	they	-PRON-	PRP
32027	892	52	added	add	VBD
32027	892	53	commercial	commercial	JJ
32027	892	54	banking	banking	NN
32027	892	55	to	to	IN
32027	892	56	their	-PRON-	PRP$
32027	892	57	other	other	JJ
32027	892	58	functions	function	NNS
32027	892	59	.	.	.
32027	893	1	In	in	IN
32027	893	2	some	some	DT
32027	893	3	cases	case	NNS
32027	893	4	they	-PRON-	PRP
32027	893	5	have	have	VBP
32027	893	6	also	also	RB
32027	893	7	become	become	VBN
32027	893	8	promoters	promoter	NNS
32027	893	9	of	of	IN
32027	893	10	enterprises	enterprise	NNS
32027	893	11	,	,	,
32027	893	12	taking	take	VBG
32027	893	13	the	the	DT
32027	893	14	initiative	initiative	NN
32027	893	15	in	in	IN
32027	893	16	the	the	DT
32027	893	17	organization	organization	NN
32027	893	18	of	of	IN
32027	893	19	corporations	corporation	NNS
32027	893	20	for	for	IN
32027	893	21	various	various	JJ
32027	893	22	industrial	industrial	JJ
32027	893	23	and	and	CC
32027	893	24	commercial	commercial	JJ
32027	893	25	purposes	purpose	NNS
32027	893	26	.	.	.
32027	894	1	In	in	IN
32027	894	2	New	New	NNP
32027	894	3	York	York	NNP
32027	894	4	City	City	NNP
32027	894	5	,	,	,
32027	894	6	and	and	CC
32027	894	7	in	in	IN
32027	894	8	individual	individual	JJ
32027	894	9	cases	case	NNS
32027	894	10	in	in	IN
32027	894	11	some	some	DT
32027	894	12	other	other	JJ
32027	894	13	large	large	JJ
32027	894	14	cities	city	NNS
32027	894	15	,	,	,
32027	894	16	the	the	DT
32027	894	17	commercial	commercial	JJ
32027	894	18	end	end	NN
32027	894	19	of	of	IN
32027	894	20	the	the	DT
32027	894	21	business	business	NN
32027	894	22	has	have	VBZ
32027	894	23	become	become	VBN
32027	894	24	the	the	DT
32027	894	25	dominant	dominant	JJ
32027	894	26	one	one	CD
32027	894	27	;	;	:
32027	894	28	in	in	IN
32027	894	29	the	the	DT
32027	894	30	former	former	JJ
32027	894	31	case	case	NN
32027	894	32	on	on	IN
32027	894	33	account	account	NN
32027	894	34	of	of	IN
32027	894	35	the	the	DT
32027	894	36	ability	ability	NN
32027	894	37	of	of	IN
32027	894	38	these	these	DT
32027	894	39	companies	company	NNS
32027	894	40	,	,	,
32027	894	41	unrestricted	unrestricte	VBN
32027	894	42	by	by	IN
32027	894	43	certain	certain	JJ
32027	894	44	laws	law	NNS
32027	894	45	applying	apply	VBG
32027	894	46	to	to	IN
32027	894	47	state	state	NN
32027	894	48	and	and	CC
32027	894	49	national	national	JJ
32027	894	50	banks	bank	NNS
32027	894	51	,	,	,
32027	894	52	to	to	TO
32027	894	53	offer	offer	VB
32027	894	54	to	to	IN
32027	894	55	commercial	commercial	JJ
32027	894	56	customers	customer	NNS
32027	894	57	better	well	JJR
32027	894	58	terms	term	NNS
32027	894	59	than	than	IN
32027	894	60	their	-PRON-	PRP$
32027	894	61	competitors	competitor	NNS
32027	894	62	.	.	.
32027	895	1	In	in	IN
32027	895	2	most	most	JJS
32027	895	3	states	state	NNS
32027	895	4	,	,	,
32027	895	5	however	however	RB
32027	895	6	,	,	,
32027	895	7	especially	especially	RB
32027	895	8	in	in	IN
32027	895	9	the	the	DT
32027	895	10	large	large	JJ
32027	895	11	cities	city	NNS
32027	895	12	in	in	IN
32027	895	13	which	which	WDT
32027	895	14	they	-PRON-	PRP
32027	895	15	chiefly	chiefly	RB
32027	895	16	flourish	flourish	VBP
32027	895	17	,	,	,
32027	895	18	trust	trust	NN
32027	895	19	companies	company	NNS
32027	895	20	have	have	VBP
32027	895	21	become	become	VBN
32027	895	22	primarily	primarily	RB
32027	895	23	investment	investment	NN
32027	895	24	banking	banking	NN
32027	895	25	institutions	institution	NNS
32027	895	26	,	,	,
32027	895	27	their	-PRON-	PRP$
32027	895	28	other	other	JJ
32027	895	29	functions	function	NNS
32027	895	30	being	be	VBG
32027	895	31	carried	carry	VBN
32027	895	32	on	on	IN
32027	895	33	as	as	IN
32027	895	34	side	side	NN
32027	895	35	lines	line	NNS
32027	895	36	and	and	CC
32027	895	37	assuming	assume	VBG
32027	895	38	,	,	,
32027	895	39	of	of	IN
32027	895	40	course	course	NN
32027	895	41	,	,	,
32027	895	42	in	in	IN
32027	895	43	some	some	DT
32027	895	44	cases	case	NNS
32027	895	45	greater	great	JJR
32027	895	46	importance	importance	NN
32027	895	47	than	than	IN
32027	895	48	in	in	IN
32027	895	49	others	other	NNS
32027	895	50	.	.	.
32027	896	1	Since	since	IN
32027	896	2	they	-PRON-	PRP
32027	896	3	are	be	VBP
32027	896	4	still	still	RB
32027	896	5	in	in	IN
32027	896	6	the	the	DT
32027	896	7	early	early	JJ
32027	896	8	stages	stage	NNS
32027	896	9	of	of	IN
32027	896	10	their	-PRON-	PRP$
32027	896	11	development	development	NN
32027	896	12	,	,	,
32027	896	13	the	the	DT
32027	896	14	status	status	NN
32027	896	15	of	of	IN
32027	896	16	trust	trust	NN
32027	896	17	companies	company	NNS
32027	896	18	in	in	IN
32027	896	19	the	the	DT
32027	896	20	banking	banking	NN
32027	896	21	system	system	NN
32027	896	22	of	of	IN
32027	896	23	the	the	DT
32027	896	24	United	United	NNP
32027	896	25	States	States	NNP
32027	896	26	is	be	VBZ
32027	896	27	not	not	RB
32027	896	28	yet	yet	RB
32027	896	29	definitely	definitely	RB
32027	896	30	determined	determined	JJ
32027	896	31	.	.	.
32027	897	1	Legislation	legislation	NN
32027	897	2	concerning	concern	VBG
32027	897	3	them	-PRON-	PRP
32027	897	4	varies	vary	VBZ
32027	897	5	considerably	considerably	RB
32027	897	6	in	in	IN
32027	897	7	different	different	JJ
32027	897	8	states	state	NNS
32027	897	9	,	,	,
32027	897	10	as	as	IN
32027	897	11	do	do	VBP
32027	897	12	also	also	RB
32027	897	13	their	-PRON-	PRP$
32027	897	14	relations	relation	NNS
32027	897	15	with	with	IN
32027	897	16	other	other	JJ
32027	897	17	banking	banking	NN
32027	897	18	institutions	institution	NNS
32027	897	19	.	.	.
32027	898	1	The	the	DT
32027	898	2	competitive	competitive	JJ
32027	898	3	character	character	NN
32027	898	4	of	of	IN
32027	898	5	these	these	DT
32027	898	6	relations	relation	NNS
32027	898	7	has	have	VBZ
32027	898	8	resulted	result	VBN
32027	898	9	in	in	IN
32027	898	10	some	some	DT
32027	898	11	cases	case	NNS
32027	898	12	in	in	IN
32027	898	13	legislation	legislation	NN
32027	898	14	which	which	WDT
32027	898	15	has	have	VBZ
32027	898	16	aimed	aim	VBN
32027	898	17	to	to	TO
32027	898	18	differentiate	differentiate	VB
32027	898	19	and	and	CC
32027	898	20	define	define	VB
32027	898	21	the	the	DT
32027	898	22	various	various	JJ
32027	898	23	functions	function	NNS
32027	898	24	which	which	WDT
32027	898	25	all	all	PDT
32027	898	26	these	these	DT
32027	898	27	institutions	institution	NNS
32027	898	28	perform	perform	VBP
32027	898	29	,	,	,
32027	898	30	and	and	CC
32027	898	31	to	to	TO
32027	898	32	prescribe	prescribe	VB
32027	898	33	the	the	DT
32027	898	34	conditions	condition	NNS
32027	898	35	under	under	IN
32027	898	36	which	which	WDT
32027	898	37	each	each	DT
32027	898	38	one	one	CD
32027	898	39	or	or	CC
32027	898	40	each	each	DT
32027	898	41	group	group	NN
32027	898	42	must	must	MD
32027	898	43	be	be	VB
32027	898	44	performed	perform	VBN
32027	898	45	,	,	,
32027	898	46	regardless	regardless	RB
32027	898	47	of	of	IN
32027	898	48	the	the	DT
32027	898	49	way	way	NN
32027	898	50	in	in	IN
32027	898	51	which	which	WDT
32027	898	52	they	-PRON-	PRP
32027	898	53	are	be	VBP
32027	898	54	combined	combine	VBN
32027	898	55	,	,	,
32027	898	56	and	and	CC
32027	898	57	in	in	IN
32027	898	58	others	other	NNS
32027	898	59	,	,	,
32027	898	60	in	in	IN
32027	898	61	their	-PRON-	PRP$
32027	898	62	practical	practical	JJ
32027	898	63	consolidation	consolidation	NN
32027	898	64	with	with	IN
32027	898	65	national	national	JJ
32027	898	66	or	or	CC
32027	898	67	state	state	NN
32027	898	68	banks	bank	NNS
32027	898	69	,	,	,
32027	898	70	or	or	CC
32027	898	71	both	both	DT
32027	898	72	,	,	,
32027	898	73	through	through	IN
32027	898	74	community	community	NN
32027	898	75	of	of	IN
32027	898	76	stock	stock	NN
32027	898	77	ownership	ownership	NN
32027	898	78	,	,	,
32027	898	79	interlocking	interlock	VBG
32027	898	80	directorates	directorate	NNS
32027	898	81	,	,	,
32027	898	82	etc	etc	FW
32027	898	83	.	.	.
32027	899	1	From	from	IN
32027	899	2	the	the	DT
32027	899	3	point	point	NN
32027	899	4	of	of	IN
32027	899	5	view	view	NN
32027	899	6	of	of	IN
32027	899	7	the	the	DT
32027	899	8	convenience	convenience	NN
32027	899	9	of	of	IN
32027	899	10	the	the	DT
32027	899	11	public	public	NN
32027	899	12	there	there	EX
32027	899	13	are	be	VBP
32027	899	14	advantages	advantage	NNS
32027	899	15	in	in	IN
32027	899	16	the	the	DT
32027	899	17	combination	combination	NN
32027	899	18	of	of	IN
32027	899	19	all	all	PDT
32027	899	20	the	the	DT
32027	899	21	banking	banking	NN
32027	899	22	functions	function	NNS
32027	899	23	in	in	IN
32027	899	24	a	a	DT
32027	899	25	single	single	JJ
32027	899	26	institution	institution	NN
32027	899	27	,	,	,
32027	899	28	and	and	CC
32027	899	29	the	the	DT
32027	899	30	success	success	NN
32027	899	31	of	of	IN
32027	899	32	trust	trust	NN
32027	899	33	companies	company	NNS
32027	899	34	to	to	IN
32027	899	35	some	some	DT
32027	899	36	extent	extent	NN
32027	899	37	has	have	VBZ
32027	899	38	been	be	VBN
32027	899	39	due	due	JJ
32027	899	40	to	to	IN
32027	899	41	this	this	DT
32027	899	42	cause	cause	NN
32027	899	43	,	,	,
32027	899	44	but	but	CC
32027	899	45	they	-PRON-	PRP
32027	899	46	have	have	VBP
32027	899	47	also	also	RB
32027	899	48	profited	profit	VBN
32027	899	49	from	from	IN
32027	899	50	the	the	DT
32027	899	51	unequal	unequal	JJ
32027	899	52	competition	competition	NN
32027	899	53	which	which	WDT
32027	899	54	exemption	exemption	NN
32027	899	55	from	from	IN
32027	899	56	certain	certain	JJ
32027	899	57	limitations	limitation	NNS
32027	899	58	imposed	impose	VBN
32027	899	59	on	on	IN
32027	899	60	state	state	NN
32027	899	61	and	and	CC
32027	899	62	national	national	JJ
32027	899	63	banks	bank	NNS
32027	899	64	has	have	VBZ
32027	899	65	enabled	enable	VBN
32027	899	66	them	-PRON-	PRP
32027	899	67	to	to	TO
32027	899	68	enjoy	enjoy	VB
32027	899	69	.	.	.
32027	900	1	The	the	DT
32027	900	2	removal	removal	NN
32027	900	3	of	of	IN
32027	900	4	the	the	DT
32027	900	5	conditions	condition	NNS
32027	900	6	which	which	WDT
32027	900	7	result	result	VBP
32027	900	8	in	in	IN
32027	900	9	this	this	DT
32027	900	10	unequal	unequal	JJ
32027	900	11	competition	competition	NN
32027	900	12	,	,	,
32027	900	13	a	a	DT
32027	900	14	process	process	NN
32027	900	15	already	already	RB
32027	900	16	in	in	IN
32027	900	17	progress	progress	NN
32027	900	18	and	and	CC
32027	900	19	likely	likely	JJ
32027	900	20	to	to	TO
32027	900	21	continue	continue	VB
32027	900	22	to	to	IN
32027	900	23	completion	completion	NN
32027	900	24	,	,	,
32027	900	25	will	will	MD
32027	900	26	reveal	reveal	VB
32027	900	27	the	the	DT
32027	900	28	strength	strength	NN
32027	900	29	of	of	IN
32027	900	30	the	the	DT
32027	900	31	advantages	advantage	NNS
32027	900	32	of	of	IN
32027	900	33	combination	combination	NN
32027	900	34	versus	versus	IN
32027	900	35	specialization	specialization	NN
32027	900	36	of	of	IN
32027	900	37	functions	function	NNS
32027	900	38	.	.	.
32027	901	1	Previous	previous	JJ
32027	901	2	to	to	IN
32027	901	3	such	such	PDT
32027	901	4	a	a	DT
32027	901	5	revelation	revelation	NN
32027	901	6	it	-PRON-	PRP
32027	901	7	will	will	MD
32027	901	8	be	be	VB
32027	901	9	impossible	impossible	JJ
32027	901	10	to	to	TO
32027	901	11	determine	determine	VB
32027	901	12	whether	whether	IN
32027	901	13	or	or	CC
32027	901	14	not	not	RB
32027	901	15	the	the	DT
32027	901	16	trust	trust	NN
32027	901	17	company	company	NN
32027	901	18	form	form	NN
32027	901	19	of	of	IN
32027	901	20	organization	organization	NN
32027	901	21	is	be	VBZ
32027	901	22	destined	destine	VBN
32027	901	23	to	to	TO
32027	901	24	become	become	VB
32027	901	25	the	the	DT
32027	901	26	dominant	dominant	JJ
32027	901	27	one	one	NN
32027	901	28	.	.	.
32027	902	1	_	_	NNP
32027	902	2	3	3	CD
32027	902	3	.	.	.
32027	903	1	Bond	bond	NN
32027	903	2	Houses	Houses	NNP
32027	903	3	and	and	CC
32027	903	4	Investment	Investment	NNP
32027	903	5	Companies	Companies	NNPS
32027	903	6	_	_	NNP
32027	903	7	A	a	DT
32027	903	8	large	large	JJ
32027	903	9	part	part	NN
32027	903	10	of	of	IN
32027	903	11	the	the	DT
32027	903	12	business	business	NN
32027	903	13	of	of	IN
32027	903	14	investment	investment	NN
32027	903	15	banking	banking	NN
32027	903	16	in	in	IN
32027	903	17	the	the	DT
32027	903	18	United	United	NNP
32027	903	19	States	States	NNP
32027	903	20	is	be	VBZ
32027	903	21	conducted	conduct	VBN
32027	903	22	by	by	IN
32027	903	23	corporations	corporation	NNS
32027	903	24	and	and	CC
32027	903	25	firms	firm	NNS
32027	903	26	organized	organize	VBN
32027	903	27	for	for	IN
32027	903	28	the	the	DT
32027	903	29	purpose	purpose	NN
32027	903	30	of	of	IN
32027	903	31	buying	buy	VBG
32027	903	32	and	and	CC
32027	903	33	selling	sell	VBG
32027	903	34	investment	investment	NN
32027	903	35	securities	security	NNS
32027	903	36	,	,	,
32027	903	37	especially	especially	RB
32027	903	38	bonds	bond	NNS
32027	903	39	and	and	CC
32027	903	40	mortgages	mortgage	NNS
32027	903	41	.	.	.
32027	904	1	Rarely	rarely	RB
32027	904	2	,	,	,
32027	904	3	if	if	IN
32027	904	4	ever	ever	RB
32027	904	5	,	,	,
32027	904	6	do	do	VBP
32027	904	7	these	these	DT
32027	904	8	concerns	concern	NNS
32027	904	9	conduct	conduct	VB
32027	904	10	savings	saving	NNS
32027	904	11	accounts	account	NNS
32027	904	12	.	.	.
32027	905	1	Ordinarily	ordinarily	RB
32027	905	2	they	-PRON-	PRP
32027	905	3	confine	confine	VBP
32027	905	4	their	-PRON-	PRP$
32027	905	5	attention	attention	NN
32027	905	6	exclusively	exclusively	RB
32027	905	7	to	to	IN
32027	905	8	the	the	DT
32027	905	9	investment	investment	NN
32027	905	10	end	end	NN
32027	905	11	of	of	IN
32027	905	12	the	the	DT
32027	905	13	business	business	NN
32027	905	14	and	and	CC
32027	905	15	act	act	VB
32027	905	16	in	in	IN
32027	905	17	the	the	DT
32027	905	18	capacity	capacity	NN
32027	905	19	of	of	IN
32027	905	20	jobbers	jobber	NNS
32027	905	21	,	,	,
32027	905	22	or	or	CC
32027	905	23	brokers	broker	NNS
32027	905	24	,	,	,
32027	905	25	or	or	CC
32027	905	26	both	both	DT
32027	905	27	.	.	.
32027	906	1	Within	within	IN
32027	906	2	the	the	DT
32027	906	3	investment	investment	NN
32027	906	4	field	field	NN
32027	906	5	some	some	DT
32027	906	6	of	of	IN
32027	906	7	them	-PRON-	PRP
32027	906	8	specialize	specialize	VBP
32027	906	9	closely	closely	RB
32027	906	10	and	and	CC
32027	906	11	others	other	NNS
32027	906	12	deal	deal	VBP
32027	906	13	in	in	IN
32027	906	14	a	a	DT
32027	906	15	wide	wide	JJ
32027	906	16	range	range	NN
32027	906	17	of	of	IN
32027	906	18	securities	security	NNS
32027	906	19	.	.	.
32027	907	1	The	the	DT
32027	907	2	specialties	specialty	NNS
32027	907	3	most	most	RBS
32027	907	4	frequently	frequently	RB
32027	907	5	followed	follow	VBN
32027	907	6	are	be	VBP
32027	907	7	government	government	NN
32027	907	8	,	,	,
32027	907	9	state	state	NN
32027	907	10	,	,	,
32027	907	11	and	and	CC
32027	907	12	municipal	municipal	JJ
32027	907	13	bonds	bond	NNS
32027	907	14	,	,	,
32027	907	15	railroad	railroad	NN
32027	907	16	bonds	bond	NNS
32027	907	17	,	,	,
32027	907	18	public	public	JJ
32027	907	19	service	service	NN
32027	907	20	securities	security	NNS
32027	907	21	,	,	,
32027	907	22	timber	timber	NN
32027	907	23	bonds	bond	NNS
32027	907	24	,	,	,
32027	907	25	irrigation	irrigation	NN
32027	907	26	bonds	bond	NNS
32027	907	27	,	,	,
32027	907	28	and	and	CC
32027	907	29	real	real	JJ
32027	907	30	estate	estate	NN
32027	907	31	mortgages	mortgage	NNS
32027	907	32	.	.	.
32027	908	1	Specialization	specialization	NN
32027	908	2	involves	involve	VBZ
32027	908	3	the	the	DT
32027	908	4	development	development	NN
32027	908	5	of	of	IN
32027	908	6	expert	expert	JJ
32027	908	7	knowledge	knowledge	NN
32027	908	8	of	of	IN
32027	908	9	the	the	DT
32027	908	10	class	class	NN
32027	908	11	of	of	IN
32027	908	12	securities	security	NNS
32027	908	13	dealt	deal	VBD
32027	908	14	in	in	RB
32027	908	15	and	and	CC
32027	908	16	thus	thus	RB
32027	908	17	of	of	IN
32027	908	18	special	special	JJ
32027	908	19	serviceableness	serviceableness	NN
32027	908	20	to	to	IN
32027	908	21	both	both	DT
32027	908	22	investors	investor	NNS
32027	908	23	and	and	CC
32027	908	24	the	the	DT
32027	908	25	promoters	promoter	NNS
32027	908	26	of	of	IN
32027	908	27	the	the	DT
32027	908	28	enterprises	enterprise	NNS
32027	908	29	or	or	CC
32027	908	30	the	the	DT
32027	908	31	public	public	JJ
32027	908	32	bodies	body	NNS
32027	908	33	which	which	WDT
32027	908	34	issue	issue	VBP
32027	908	35	the	the	DT
32027	908	36	securities	security	NNS
32027	908	37	.	.	.
32027	909	1	These	these	DT
32027	909	2	specialists	specialist	NNS
32027	909	3	sometimes	sometimes	RB
32027	909	4	serve	serve	VBP
32027	909	5	as	as	IN
32027	909	6	middlemen	middleman	NNS
32027	909	7	between	between	IN
32027	909	8	the	the	DT
32027	909	9	issuers	issuer	NNS
32027	909	10	of	of	IN
32027	909	11	securities	security	NNS
32027	909	12	and	and	CC
32027	909	13	other	other	JJ
32027	909	14	investment	investment	NN
32027	909	15	banks	bank	NNS
32027	909	16	,	,	,
32027	909	17	as	as	RB
32027	909	18	well	well	RB
32027	909	19	as	as	IN
32027	909	20	between	between	IN
32027	909	21	them	-PRON-	PRP
32027	909	22	and	and	CC
32027	909	23	the	the	DT
32027	909	24	real	real	JJ
32027	909	25	owners	owner	NNS
32027	909	26	of	of	IN
32027	909	27	the	the	DT
32027	909	28	capital	capital	NN
32027	909	29	invested	invest	VBN
32027	909	30	,	,	,
32027	909	31	their	-PRON-	PRP$
32027	909	32	expert	expert	JJ
32027	909	33	knowledge	knowledge	NN
32027	909	34	being	being	NN
32027	909	35	of	of	IN
32027	909	36	service	service	NN
32027	909	37	to	to	IN
32027	909	38	the	the	DT
32027	909	39	former	former	JJ
32027	909	40	as	as	RB
32027	909	41	well	well	RB
32027	909	42	as	as	IN
32027	909	43	the	the	DT
32027	909	44	latter	latter	JJ
32027	909	45	.	.	.
32027	910	1	Until	until	IN
32027	910	2	recently	recently	RB
32027	910	3	there	there	EX
32027	910	4	have	have	VBP
32027	910	5	been	be	VBN
32027	910	6	few	few	JJ
32027	910	7	attempts	attempt	NNS
32027	910	8	to	to	TO
32027	910	9	regulate	regulate	VB
32027	910	10	the	the	DT
32027	910	11	operation	operation	NN
32027	910	12	of	of	IN
32027	910	13	these	these	DT
32027	910	14	institutions	institution	NNS
32027	910	15	by	by	IN
32027	910	16	law	law	NN
32027	910	17	,	,	,
32027	910	18	but	but	CC
32027	910	19	the	the	DT
32027	910	20	fraudulent	fraudulent	JJ
32027	910	21	practices	practice	NNS
32027	910	22	of	of	IN
32027	910	23	some	some	DT
32027	910	24	of	of	IN
32027	910	25	them	-PRON-	PRP
32027	910	26	,	,	,
32027	910	27	and	and	CC
32027	910	28	the	the	DT
32027	910	29	ignorance	ignorance	NN
32027	910	30	and	and	CC
32027	910	31	weakness	weakness	NN
32027	910	32	of	of	IN
32027	910	33	perhaps	perhaps	RB
32027	910	34	the	the	DT
32027	910	35	majority	majority	NN
32027	910	36	of	of	IN
32027	910	37	investors	investor	NNS
32027	910	38	,	,	,
32027	910	39	have	have	VBP
32027	910	40	recently	recently	RB
32027	910	41	created	create	VBN
32027	910	42	in	in	IN
32027	910	43	some	some	DT
32027	910	44	quarters	quarter	NNS
32027	910	45	a	a	DT
32027	910	46	strong	strong	JJ
32027	910	47	public	public	JJ
32027	910	48	sentiment	sentiment	NN
32027	910	49	in	in	IN
32027	910	50	favor	favor	NN
32027	910	51	of	of	IN
32027	910	52	such	such	JJ
32027	910	53	regulation	regulation	NN
32027	910	54	.	.	.
32027	911	1	In	in	IN
32027	911	2	several	several	JJ
32027	911	3	states	state	NNS
32027	911	4	legislation	legislation	NN
32027	911	5	has	have	VBZ
32027	911	6	resulted	result	VBN
32027	911	7	,	,	,
32027	911	8	of	of	IN
32027	911	9	which	which	WDT
32027	911	10	the	the	DT
32027	911	11	most	most	RBS
32027	911	12	noteworthy	noteworthy	JJ
32027	911	13	is	be	VBZ
32027	911	14	the	the	DT
32027	911	15	so	so	RB
32027	911	16	-	-	HYPH
32027	911	17	called	call	VBN
32027	911	18	"	"	``
32027	911	19	blue	blue	JJ
32027	911	20	sky	sky	NN
32027	911	21	laws	law	NNS
32027	911	22	"	"	''
32027	911	23	of	of	IN
32027	911	24	Kansas	Kansas	NNP
32027	911	25	and	and	CC
32027	911	26	some	some	DT
32027	911	27	other	other	JJ
32027	911	28	states	state	NNS
32027	911	29	.	.	.
32027	912	1	In	in	IN
32027	912	2	details	detail	NNS
32027	912	3	these	these	DT
32027	912	4	laws	law	NNS
32027	912	5	differ	differ	VBP
32027	912	6	widely	widely	RB
32027	912	7	from	from	IN
32027	912	8	one	one	NN
32027	912	9	another	another	DT
32027	912	10	,	,	,
32027	912	11	but	but	CC
32027	912	12	they	-PRON-	PRP
32027	912	13	are	be	VBP
32027	912	14	alike	alike	RB
32027	912	15	in	in	IN
32027	912	16	that	that	IN
32027	912	17	they	-PRON-	PRP
32027	912	18	impose	impose	VBP
32027	912	19	upon	upon	IN
32027	912	20	some	some	DT
32027	912	21	branch	branch	NN
32027	912	22	of	of	IN
32027	912	23	the	the	DT
32027	912	24	state	state	NN
32027	912	25	government	government	NN
32027	912	26	the	the	DT
32027	912	27	obligation	obligation	NN
32027	912	28	of	of	IN
32027	912	29	supervising	supervise	VBG
32027	912	30	both	both	DT
32027	912	31	companies	company	NNS
32027	912	32	which	which	WDT
32027	912	33	issue	issue	VBP
32027	912	34	securities	security	NNS
32027	912	35	and	and	CC
32027	912	36	those	those	DT
32027	912	37	which	which	WDT
32027	912	38	offer	offer	VBP
32027	912	39	securities	security	NNS
32027	912	40	for	for	IN
32027	912	41	sale	sale	NN
32027	912	42	.	.	.
32027	913	1	The	the	DT
32027	913	2	Kansas	Kansas	NNP
32027	913	3	law	law	NN
32027	913	4	,	,	,
32027	913	5	the	the	DT
32027	913	6	first	first	JJ
32027	913	7	of	of	IN
32027	913	8	this	this	DT
32027	913	9	kind	kind	NN
32027	913	10	passed	pass	VBN
32027	913	11	in	in	IN
32027	913	12	the	the	DT
32027	913	13	United	United	NNP
32027	913	14	States	States	NNP
32027	913	15	,	,	,
32027	913	16	has	have	VBZ
32027	913	17	been	be	VBN
32027	913	18	considered	consider	VBN
32027	913	19	too	too	RB
32027	913	20	drastic	drastic	JJ
32027	913	21	by	by	IN
32027	913	22	most	most	JJS
32027	913	23	of	of	IN
32027	913	24	the	the	DT
32027	913	25	companies	company	NNS
32027	913	26	that	that	WDT
32027	913	27	have	have	VBP
32027	913	28	attempted	attempt	VBN
32027	913	29	to	to	TO
32027	913	30	operate	operate	VB
32027	913	31	under	under	IN
32027	913	32	it	-PRON-	PRP
32027	913	33	,	,	,
32027	913	34	but	but	CC
32027	913	35	the	the	DT
32027	913	36	Wisconsin	Wisconsin	NNP
32027	913	37	law	law	NN
32027	913	38	,	,	,
32027	913	39	which	which	WDT
32027	913	40	went	go	VBD
32027	913	41	into	into	IN
32027	913	42	effect	effect	NN
32027	913	43	October	October	NNP
32027	913	44	1	1	CD
32027	913	45	,	,	,
32027	913	46	1913	1913	CD
32027	913	47	,	,	,
32027	913	48	is	be	VBZ
32027	913	49	looked	look	VBN
32027	913	50	upon	upon	IN
32027	913	51	with	with	IN
32027	913	52	more	more	JJR
32027	913	53	favor	favor	NN
32027	913	54	.	.	.
32027	914	1	In	in	IN
32027	914	2	formulating	formulate	VBG
32027	914	3	these	these	DT
32027	914	4	and	and	CC
32027	914	5	other	other	JJ
32027	914	6	laws	law	NNS
32027	914	7	for	for	IN
32027	914	8	the	the	DT
32027	914	9	proper	proper	JJ
32027	914	10	regulation	regulation	NN
32027	914	11	of	of	IN
32027	914	12	these	these	DT
32027	914	13	concerns	concern	NNS
32027	914	14	,	,	,
32027	914	15	it	-PRON-	PRP
32027	914	16	has	have	VBZ
32027	914	17	been	be	VBN
32027	914	18	found	find	VBN
32027	914	19	difficult	difficult	JJ
32027	914	20	to	to	TO
32027	914	21	provide	provide	VB
32027	914	22	adequate	adequate	JJ
32027	914	23	protection	protection	NN
32027	914	24	to	to	IN
32027	914	25	the	the	DT
32027	914	26	investing	invest	VBG
32027	914	27	public	public	NN
32027	914	28	without	without	IN
32027	914	29	unduly	unduly	RB
32027	914	30	hampering	hamper	VBG
32027	914	31	the	the	DT
32027	914	32	issue	issue	NN
32027	914	33	and	and	CC
32027	914	34	negotiation	negotiation	NN
32027	914	35	of	of	IN
32027	914	36	securities	security	NNS
32027	914	37	,	,	,
32027	914	38	but	but	CC
32027	914	39	this	this	DT
32027	914	40	difficulty	difficulty	NN
32027	914	41	should	should	MD
32027	914	42	,	,	,
32027	914	43	and	and	CC
32027	914	44	in	in	IN
32027	914	45	time	time	NN
32027	914	46	doubtless	doubtless	RB
32027	914	47	will	will	MD
32027	914	48	,	,	,
32027	914	49	be	be	VB
32027	914	50	overcome	overcome	VBN
32027	914	51	.	.	.
32027	915	1	A	a	DT
32027	915	2	free	free	JJ
32027	915	3	and	and	CC
32027	915	4	open	open	JJ
32027	915	5	market	market	NN
32027	915	6	for	for	IN
32027	915	7	bonds	bond	NNS
32027	915	8	,	,	,
32027	915	9	stocks	stock	NNS
32027	915	10	,	,	,
32027	915	11	and	and	CC
32027	915	12	other	other	JJ
32027	915	13	evidences	evidence	NNS
32027	915	14	of	of	IN
32027	915	15	indebtedness	indebtedness	NN
32027	915	16	is	be	VBZ
32027	915	17	essential	essential	JJ
32027	915	18	to	to	IN
32027	915	19	freedom	freedom	NN
32027	915	20	of	of	IN
32027	915	21	enterprise	enterprise	NN
32027	915	22	and	and	CC
32027	915	23	mobility	mobility	NN
32027	915	24	of	of	IN
32027	915	25	capital	capital	NN
32027	915	26	,	,	,
32027	915	27	which	which	WDT
32027	915	28	are	be	VBP
32027	915	29	in	in	IN
32027	915	30	turn	turn	NN
32027	915	31	essential	essential	JJ
32027	915	32	to	to	IN
32027	915	33	the	the	DT
32027	915	34	economic	economic	JJ
32027	915	35	prosperity	prosperity	NN
32027	915	36	of	of	IN
32027	915	37	any	any	DT
32027	915	38	country	country	NN
32027	915	39	.	.	.
32027	916	1	On	on	IN
32027	916	2	the	the	DT
32027	916	3	other	other	JJ
32027	916	4	hand	hand	NN
32027	916	5	,	,	,
32027	916	6	investors	investor	NNS
32027	916	7	undoubtedly	undoubtedly	RB
32027	916	8	need	need	VBP
32027	916	9	and	and	CC
32027	916	10	deserve	deserve	VBP
32027	916	11	the	the	DT
32027	916	12	protection	protection	NN
32027	916	13	of	of	IN
32027	916	14	the	the	DT
32027	916	15	state	state	NN
32027	916	16	against	against	IN
32027	916	17	misrepresentation	misrepresentation	NN
32027	916	18	and	and	CC
32027	916	19	fraud	fraud	NN
32027	916	20	.	.	.
32027	917	1	It	-PRON-	PRP
32027	917	2	is	be	VBZ
32027	917	3	practically	practically	RB
32027	917	4	impossible	impossible	JJ
32027	917	5	for	for	IN
32027	917	6	them	-PRON-	PRP
32027	917	7	in	in	IN
32027	917	8	many	many	JJ
32027	917	9	,	,	,
32027	917	10	perhaps	perhaps	RB
32027	917	11	in	in	IN
32027	917	12	most	most	RBS
32027	917	13	,	,	,
32027	917	14	cases	case	NNS
32027	917	15	to	to	TO
32027	917	16	obtain	obtain	VB
32027	917	17	the	the	DT
32027	917	18	information	information	NN
32027	917	19	necessary	necessary	JJ
32027	917	20	for	for	IN
32027	917	21	self	self	NN
32027	917	22	-	-	HYPH
32027	917	23	protection	protection	NN
32027	917	24	.	.	.
32027	918	1	The	the	DT
32027	918	2	matters	matter	NNS
32027	918	3	and	and	CC
32027	918	4	conditions	condition	NNS
32027	918	5	to	to	TO
32027	918	6	be	be	VB
32027	918	7	dealt	deal	VBN
32027	918	8	with	with	IN
32027	918	9	in	in	IN
32027	918	10	such	such	JJ
32027	918	11	legislation	legislation	NN
32027	918	12	are	be	VBP
32027	918	13	so	so	RB
32027	918	14	complex	complex	JJ
32027	918	15	and	and	CC
32027	918	16	subject	subject	JJ
32027	918	17	to	to	IN
32027	918	18	such	such	JJ
32027	918	19	frequent	frequent	JJ
32027	918	20	change	change	NN
32027	918	21	that	that	IN
32027	918	22	laws	law	NNS
32027	918	23	are	be	VBP
32027	918	24	apt	apt	JJ
32027	918	25	to	to	TO
32027	918	26	be	be	VB
32027	918	27	imperfect	imperfect	JJ
32027	918	28	,	,	,
32027	918	29	inefficient	inefficient	JJ
32027	918	30	,	,	,
32027	918	31	or	or	CC
32027	918	32	obstructive	obstructive	JJ
32027	918	33	.	.	.
32027	919	1	It	-PRON-	PRP
32027	919	2	seems	seem	VBZ
32027	919	3	probable	probable	JJ
32027	919	4	that	that	IN
32027	919	5	those	those	DT
32027	919	6	which	which	WDT
32027	919	7	do	do	VBP
32027	919	8	not	not	RB
32027	919	9	attempt	attempt	VB
32027	919	10	to	to	TO
32027	919	11	be	be	VB
32027	919	12	specific	specific	JJ
32027	919	13	and	and	CC
32027	919	14	detailed	detailed	JJ
32027	919	15	,	,	,
32027	919	16	but	but	CC
32027	919	17	give	give	VB
32027	919	18	wide	wide	JJ
32027	919	19	powers	power	NNS
32027	919	20	and	and	CC
32027	919	21	discretion	discretion	NN
32027	919	22	to	to	IN
32027	919	23	administrative	administrative	JJ
32027	919	24	boards	board	NNS
32027	919	25	or	or	CC
32027	919	26	commissions	commission	NNS
32027	919	27	,	,	,
32027	919	28	are	be	VBP
32027	919	29	most	most	RBS
32027	919	30	likely	likely	JJ
32027	919	31	to	to	TO
32027	919	32	be	be	VB
32027	919	33	successful	successful	JJ
32027	919	34	.	.	.
32027	920	1	_	_	NNP
32027	920	2	4	4	CD
32027	920	3	.	.	.
32027	921	1	Land	Land	NNP
32027	921	2	Banks	Banks	NNPS
32027	921	3	_	_	XX
32027	921	4	In	in	IN
32027	921	5	Europe	Europe	NNP
32027	921	6	an	an	DT
32027	921	7	important	important	JJ
32027	921	8	group	group	NN
32027	921	9	of	of	IN
32027	921	10	institutions	institution	NNS
32027	921	11	has	have	VBZ
32027	921	12	developed	develop	VBN
32027	921	13	for	for	IN
32027	921	14	the	the	DT
32027	921	15	supplying	supplying	NN
32027	921	16	of	of	IN
32027	921	17	agriculture	agriculture	NN
32027	921	18	and	and	CC
32027	921	19	the	the	DT
32027	921	20	building	building	NN
32027	921	21	industries	industry	NNS
32027	921	22	with	with	IN
32027	921	23	the	the	DT
32027	921	24	capital	capital	NN
32027	921	25	needed	need	VBN
32027	921	26	in	in	IN
32027	921	27	their	-PRON-	PRP$
32027	921	28	operations	operation	NNS
32027	921	29	.	.	.
32027	922	1	The	the	DT
32027	922	2	greatest	great	JJS
32027	922	3	number	number	NN
32027	922	4	and	and	CC
32027	922	5	variety	variety	NN
32027	922	6	of	of	IN
32027	922	7	these	these	DT
32027	922	8	are	be	VBP
32027	922	9	in	in	IN
32027	922	10	Germany	Germany	NNP
32027	922	11	,	,	,
32027	922	12	in	in	IN
32027	922	13	which	which	WDT
32027	922	14	their	-PRON-	PRP$
32027	922	15	development	development	NN
32027	922	16	has	have	VBZ
32027	922	17	been	be	VBN
32027	922	18	continuous	continuous	JJ
32027	922	19	since	since	IN
32027	922	20	the	the	DT
32027	922	21	days	day	NNS
32027	922	22	of	of	IN
32027	922	23	Frederick	Frederick	NNP
32027	922	24	the	the	DT
32027	922	25	Great	Great	NNP
32027	922	26	.	.	.
32027	923	1	In	in	IN
32027	923	2	order	order	NN
32027	923	3	to	to	TO
32027	923	4	assist	assist	VB
32027	923	5	in	in	IN
32027	923	6	the	the	DT
32027	923	7	recuperation	recuperation	NN
32027	923	8	of	of	IN
32027	923	9	his	-PRON-	PRP$
32027	923	10	kingdom	kingdom	NN
32027	923	11	from	from	IN
32027	923	12	the	the	DT
32027	923	13	devastation	devastation	NN
32027	923	14	caused	cause	VBN
32027	923	15	by	by	IN
32027	923	16	the	the	DT
32027	923	17	Seven	Seven	NNP
32027	923	18	Years	Years	NNPS
32027	923	19	'	'	POS
32027	923	20	War	War	NNP
32027	923	21	,	,	,
32027	923	22	Frederick	Frederick	NNP
32027	923	23	caused	cause	VBD
32027	923	24	the	the	DT
32027	923	25	land	land	NN
32027	923	26	owners	owner	NNS
32027	923	27	of	of	IN
32027	923	28	certain	certain	JJ
32027	923	29	provinces	province	NNS
32027	923	30	to	to	TO
32027	923	31	be	be	VB
32027	923	32	organized	organize	VBN
32027	923	33	into	into	IN
32027	923	34	associations	association	NNS
32027	923	35	called	call	VBN
32027	923	36	Landschaften	Landschaften	NNP
32027	923	37	,	,	,
32027	923	38	which	which	WDT
32027	923	39	were	be	VBD
32027	923	40	authorized	authorize	VBN
32027	923	41	to	to	TO
32027	923	42	issue	issue	VB
32027	923	43	mortgage	mortgage	NN
32027	923	44	bonds	bond	NNS
32027	923	45	on	on	IN
32027	923	46	the	the	DT
32027	923	47	joint	joint	JJ
32027	923	48	security	security	NN
32027	923	49	of	of	IN
32027	923	50	the	the	DT
32027	923	51	lands	land	NNS
32027	923	52	of	of	IN
32027	923	53	all	all	PDT
32027	923	54	the	the	DT
32027	923	55	members	member	NNS
32027	923	56	of	of	IN
32027	923	57	the	the	DT
32027	923	58	association	association	NNP
32027	923	59	in	in	IN
32027	923	60	exchange	exchange	NNP
32027	923	61	for	for	IN
32027	923	62	mortgages	mortgage	NNS
32027	923	63	on	on	IN
32027	923	64	the	the	DT
32027	923	65	lands	land	NNS
32027	923	66	of	of	IN
32027	923	67	individual	individual	JJ
32027	923	68	members	member	NNS
32027	923	69	who	who	WP
32027	923	70	needed	need	VBD
32027	923	71	funds	fund	NNS
32027	923	72	for	for	IN
32027	923	73	the	the	DT
32027	923	74	improvement	improvement	NN
32027	923	75	of	of	IN
32027	923	76	their	-PRON-	PRP$
32027	923	77	estates	estate	NNS
32027	923	78	.	.	.
32027	924	1	These	these	DT
32027	924	2	mortgages	mortgage	NNS
32027	924	3	were	be	VBD
32027	924	4	made	make	VBN
32027	924	5	payable	payable	JJ
32027	924	6	to	to	IN
32027	924	7	the	the	DT
32027	924	8	association	association	NN
32027	924	9	in	in	IN
32027	924	10	the	the	DT
32027	924	11	form	form	NN
32027	924	12	of	of	IN
32027	924	13	small	small	JJ
32027	924	14	annuities	annuity	NNS
32027	924	15	,	,	,
32027	924	16	to	to	TO
32027	924	17	which	which	WDT
32027	924	18	were	be	VBD
32027	924	19	added	add	VBN
32027	924	20	the	the	DT
32027	924	21	interest	interest	NN
32027	924	22	paid	pay	VBN
32027	924	23	on	on	IN
32027	924	24	the	the	DT
32027	924	25	bonds	bond	NNS
32027	924	26	and	and	CC
32027	924	27	an	an	DT
32027	924	28	increment	increment	NN
32027	924	29	for	for	IN
32027	924	30	the	the	DT
32027	924	31	payment	payment	NN
32027	924	32	of	of	IN
32027	924	33	the	the	DT
32027	924	34	expenses	expense	NNS
32027	924	35	of	of	IN
32027	924	36	the	the	DT
32027	924	37	association	association	NN
32027	924	38	.	.	.
32027	925	1	These	these	DT
32027	925	2	associations	association	NNS
32027	925	3	were	be	VBD
32027	925	4	governed	govern	VBN
32027	925	5	by	by	IN
32027	925	6	the	the	DT
32027	925	7	members	member	NNS
32027	925	8	through	through	IN
32027	925	9	a	a	DT
32027	925	10	general	general	JJ
32027	925	11	assembly	assembly	NN
32027	925	12	,	,	,
32027	925	13	representative	representative	JJ
32027	925	14	boards	board	NNS
32027	925	15	,	,	,
32027	925	16	and	and	CC
32027	925	17	elected	elect	VBN
32027	925	18	officers	officer	NNS
32027	925	19	,	,	,
32027	925	20	and	and	CC
32027	925	21	were	be	VBD
32027	925	22	supervised	supervise	VBN
32027	925	23	by	by	IN
32027	925	24	the	the	DT
32027	925	25	state	state	NN
32027	925	26	and	and	CC
32027	925	27	carefully	carefully	RB
32027	925	28	regulated	regulate	VBN
32027	925	29	by	by	IN
32027	925	30	law	law	NN
32027	925	31	.	.	.
32027	926	1	Regulations	regulation	NNS
32027	926	2	were	be	VBD
32027	926	3	carefully	carefully	RB
32027	926	4	worked	work	VBN
32027	926	5	out	out	RP
32027	926	6	pertaining	pertain	VBG
32027	926	7	to	to	IN
32027	926	8	the	the	DT
32027	926	9	ratio	ratio	NN
32027	926	10	that	that	IN
32027	926	11	the	the	DT
32027	926	12	loan	loan	NN
32027	926	13	should	should	MD
32027	926	14	bear	bear	VB
32027	926	15	to	to	IN
32027	926	16	the	the	DT
32027	926	17	value	value	NN
32027	926	18	of	of	IN
32027	926	19	the	the	DT
32027	926	20	estate	estate	NN
32027	926	21	mortgaged	mortgage	VBD
32027	926	22	,	,	,
32027	926	23	methods	method	NNS
32027	926	24	of	of	IN
32027	926	25	valuation	valuation	NN
32027	926	26	,	,	,
32027	926	27	ways	way	NNS
32027	926	28	and	and	CC
32027	926	29	means	mean	NNS
32027	926	30	of	of	IN
32027	926	31	maintaining	maintain	VBG
32027	926	32	an	an	DT
32027	926	33	equilibrium	equilibrium	NN
32027	926	34	between	between	IN
32027	926	35	the	the	DT
32027	926	36	bonds	bond	NNS
32027	926	37	issued	issue	VBN
32027	926	38	and	and	CC
32027	926	39	the	the	DT
32027	926	40	mortgages	mortgage	NNS
32027	926	41	held	hold	VBN
32027	926	42	,	,	,
32027	926	43	the	the	DT
32027	926	44	treatment	treatment	NN
32027	926	45	of	of	IN
32027	926	46	defaulting	default	VBG
32027	926	47	members	member	NNS
32027	926	48	,	,	,
32027	926	49	etc	etc	FW
32027	926	50	.	.	FW
32027	926	51	,	,	,
32027	926	52	etc	etc	FW
32027	926	53	.	.	.
32027	927	1	Machinery	machinery	NN
32027	927	2	for	for	IN
32027	927	3	the	the	DT
32027	927	4	sale	sale	NN
32027	927	5	of	of	IN
32027	927	6	the	the	DT
32027	927	7	mortgage	mortgage	NN
32027	927	8	bonds	bond	NNS
32027	927	9	delivered	deliver	VBN
32027	927	10	to	to	IN
32027	927	11	members	member	NNS
32027	927	12	was	be	VBD
32027	927	13	also	also	RB
32027	927	14	created	create	VBN
32027	927	15	,	,	,
32027	927	16	and	and	CC
32027	927	17	in	in	IN
32027	927	18	some	some	DT
32027	927	19	cases	case	NNS
32027	927	20	later	later	RB
32027	927	21	on	on	IN
32027	927	22	these	these	DT
32027	927	23	sales	sale	NNS
32027	927	24	were	be	VBD
32027	927	25	made	make	VBN
32027	927	26	directly	directly	RB
32027	927	27	by	by	IN
32027	927	28	the	the	DT
32027	927	29	associations	association	NNS
32027	927	30	themselves	-PRON-	PRP
32027	927	31	,	,	,
32027	927	32	and	and	CC
32027	927	33	cash	cash	NN
32027	927	34	paid	pay	VBN
32027	927	35	to	to	IN
32027	927	36	the	the	DT
32027	927	37	maker	maker	NN
32027	927	38	of	of	IN
32027	927	39	the	the	DT
32027	927	40	mortgages	mortgage	NNS
32027	927	41	.	.	.
32027	928	1	Five	five	CD
32027	928	2	of	of	IN
32027	928	3	these	these	DT
32027	928	4	original	original	JJ
32027	928	5	Landschaften	Landschaften	NNP
32027	928	6	have	have	VBP
32027	928	7	continued	continue	VBN
32027	928	8	to	to	IN
32027	928	9	the	the	DT
32027	928	10	present	present	JJ
32027	928	11	day	day	NN
32027	928	12	,	,	,
32027	928	13	and	and	CC
32027	928	14	others	other	NNS
32027	928	15	modeled	model	VBD
32027	928	16	after	after	IN
32027	928	17	them	-PRON-	PRP
32027	928	18	were	be	VBD
32027	928	19	subsequently	subsequently	RB
32027	928	20	established	establish	VBN
32027	928	21	.	.	.
32027	929	1	In	in	IN
32027	929	2	1909	1909	CD
32027	929	3	in	in	IN
32027	929	4	all	all	DT
32027	929	5	Germany	Germany	NNP
32027	929	6	twenty	twenty	CD
32027	929	7	-	-	HYPH
32027	929	8	five	five	CD
32027	929	9	were	be	VBD
32027	929	10	in	in	IN
32027	929	11	operation	operation	NN
32027	929	12	,	,	,
32027	929	13	of	of	IN
32027	929	14	which	which	WDT
32027	929	15	eighteen	eighteen	CD
32027	929	16	were	be	VBD
32027	929	17	in	in	IN
32027	929	18	Prussia	Prussia	NNP
32027	929	19	.	.	.
32027	930	1	The	the	DT
32027	930	2	newer	new	JJR
32027	930	3	ones	one	NNS
32027	930	4	have	have	VBP
32027	930	5	not	not	RB
32027	930	6	in	in	IN
32027	930	7	all	all	DT
32027	930	8	respects	respect	NNS
32027	930	9	followed	follow	VBD
32027	930	10	their	-PRON-	PRP$
32027	930	11	models	model	NNS
32027	930	12	.	.	.
32027	931	1	Unlike	unlike	IN
32027	931	2	the	the	DT
32027	931	3	original	original	JJ
32027	931	4	five	five	CD
32027	931	5	,	,	,
32027	931	6	membership	membership	NN
32027	931	7	in	in	IN
32027	931	8	them	-PRON-	PRP
32027	931	9	is	be	VBZ
32027	931	10	not	not	RB
32027	931	11	limited	limit	VBN
32027	931	12	to	to	IN
32027	931	13	the	the	DT
32027	931	14	nobility	nobility	NN
32027	931	15	and	and	CC
32027	931	16	is	be	VBZ
32027	931	17	not	not	RB
32027	931	18	compulsory	compulsory	JJ
32027	931	19	;	;	:
32027	931	20	the	the	DT
32027	931	21	liability	liability	NN
32027	931	22	of	of	IN
32027	931	23	the	the	DT
32027	931	24	members	member	NNS
32027	931	25	for	for	IN
32027	931	26	the	the	DT
32027	931	27	payment	payment	NN
32027	931	28	of	of	IN
32027	931	29	the	the	DT
32027	931	30	bonds	bond	NNS
32027	931	31	issued	issue	VBN
32027	931	32	has	have	VBZ
32027	931	33	in	in	IN
32027	931	34	some	some	DT
32027	931	35	cases	case	NNS
32027	931	36	been	be	VBN
32027	931	37	limited	limit	VBN
32027	931	38	to	to	IN
32027	931	39	a	a	DT
32027	931	40	percentage	percentage	NN
32027	931	41	of	of	IN
32027	931	42	the	the	DT
32027	931	43	total	total	NN
32027	931	44	;	;	:
32027	931	45	the	the	DT
32027	931	46	loans	loan	NNS
32027	931	47	are	be	VBP
32027	931	48	usually	usually	RB
32027	931	49	paid	pay	VBN
32027	931	50	in	in	IN
32027	931	51	cash	cash	NN
32027	931	52	;	;	,
32027	931	53	and	and	CC
32027	931	54	the	the	DT
32027	931	55	bonds	bond	NNS
32027	931	56	are	be	VBP
32027	931	57	sold	sell	VBN
32027	931	58	directly	directly	RB
32027	931	59	by	by	IN
32027	931	60	the	the	DT
32027	931	61	associations	association	NNS
32027	931	62	;	;	:
32027	931	63	but	but	CC
32027	931	64	the	the	DT
32027	931	65	principles	principle	NNS
32027	931	66	of	of	IN
32027	931	67	mutual	mutual	JJ
32027	931	68	liability	liability	NN
32027	931	69	and	and	CC
32027	931	70	mutual	mutual	JJ
32027	931	71	control	control	NN
32027	931	72	which	which	WDT
32027	931	73	were	be	VBD
32027	931	74	basic	basic	JJ
32027	931	75	in	in	IN
32027	931	76	the	the	DT
32027	931	77	old	old	JJ
32027	931	78	organizations	organization	NNS
32027	931	79	have	have	VBP
32027	931	80	not	not	RB
32027	931	81	been	be	VBN
32027	931	82	violated	violate	VBN
32027	931	83	in	in	IN
32027	931	84	any	any	DT
32027	931	85	case	case	NN
32027	931	86	.	.	.
32027	932	1	Both	both	DT
32027	932	2	old	old	JJ
32027	932	3	and	and	CC
32027	932	4	new	new	JJ
32027	932	5	are	be	VBP
32027	932	6	organized	organize	VBN
32027	932	7	in	in	IN
32027	932	8	the	the	DT
32027	932	9	interests	interest	NNS
32027	932	10	of	of	IN
32027	932	11	borrowers	borrower	NNS
32027	932	12	on	on	IN
32027	932	13	real	real	JJ
32027	932	14	estate	estate	NN
32027	932	15	mortgage	mortgage	NN
32027	932	16	security	security	NN
32027	932	17	,	,	,
32027	932	18	and	and	CC
32027	932	19	aim	aim	VB
32027	932	20	to	to	TO
32027	932	21	secure	secure	VB
32027	932	22	funds	fund	NNS
32027	932	23	for	for	IN
32027	932	24	these	these	DT
32027	932	25	on	on	IN
32027	932	26	the	the	DT
32027	932	27	lowest	low	JJS
32027	932	28	possible	possible	JJ
32027	932	29	terms	term	NNS
32027	932	30	and	and	CC
32027	932	31	for	for	IN
32027	932	32	long	long	JJ
32027	932	33	periods	period	NNS
32027	932	34	of	of	IN
32027	932	35	time	time	NN
32027	932	36	,	,	,
32027	932	37	by	by	IN
32027	932	38	making	make	VBG
32027	932	39	the	the	DT
32027	932	40	security	security	NN
32027	932	41	offered	offer	VBD
32027	932	42	the	the	DT
32027	932	43	lenders	lender	NNS
32027	932	44	greater	great	JJR
32027	932	45	than	than	IN
32027	932	46	any	any	DT
32027	932	47	single	single	JJ
32027	932	48	borrower	borrower	NN
32027	932	49	could	could	MD
32027	932	50	supply	supply	VB
32027	932	51	.	.	.
32027	933	1	The	the	DT
32027	933	2	degree	degree	NN
32027	933	3	of	of	IN
32027	933	4	their	-PRON-	PRP$
32027	933	5	success	success	NN
32027	933	6	is	be	VBZ
32027	933	7	indicated	indicate	VBN
32027	933	8	by	by	IN
32027	933	9	the	the	DT
32027	933	10	fact	fact	NN
32027	933	11	that	that	IN
32027	933	12	in	in	IN
32027	933	13	1909	1909	CD
32027	933	14	the	the	DT
32027	933	15	amount	amount	NN
32027	933	16	of	of	IN
32027	933	17	their	-PRON-	PRP$
32027	933	18	outstanding	outstanding	JJ
32027	933	19	mortgage	mortgage	NN
32027	933	20	loans	loan	NNS
32027	933	21	amounted	amount	VBD
32027	933	22	to	to	IN
32027	933	23	nearly	nearly	RB
32027	933	24	a	a	DT
32027	933	25	billion	billion	CD
32027	933	26	dollars	dollar	NNS
32027	933	27	,	,	,
32027	933	28	and	and	CC
32027	933	29	that	that	IN
32027	933	30	their	-PRON-	PRP$
32027	933	31	mortgage	mortgage	NN
32027	933	32	bonds	bond	NNS
32027	933	33	rank	rank	VBP
32027	933	34	on	on	IN
32027	933	35	the	the	DT
32027	933	36	exchanges	exchange	NNS
32027	933	37	with	with	IN
32027	933	38	Prussian	prussian	JJ
32027	933	39	state	state	NN
32027	933	40	bonds	bond	NNS
32027	933	41	and	and	CC
32027	933	42	have	have	VBP
32027	933	43	at	at	IN
32027	933	44	times	time	NNS
32027	933	45	outranked	outrank	VBD
32027	933	46	them	-PRON-	PRP
32027	933	47	.	.	.
32027	934	1	Another	another	DT
32027	934	2	type	type	NN
32027	934	3	of	of	IN
32027	934	4	land	land	NN
32027	934	5	bank	bank	NN
32027	934	6	appeared	appear	VBD
32027	934	7	in	in	IN
32027	934	8	the	the	DT
32027	934	9	early	early	JJ
32027	934	10	part	part	NN
32027	934	11	of	of	IN
32027	934	12	the	the	DT
32027	934	13	nineteenth	nineteenth	JJ
32027	934	14	century	century	NN
32027	934	15	as	as	IN
32027	934	16	a	a	DT
32027	934	17	result	result	NN
32027	934	18	of	of	IN
32027	934	19	the	the	DT
32027	934	20	movement	movement	NN
32027	934	21	for	for	IN
32027	934	22	the	the	DT
32027	934	23	freeing	freeing	NN
32027	934	24	of	of	IN
32027	934	25	the	the	DT
32027	934	26	serfs	serf	NNS
32027	934	27	and	and	CC
32027	934	28	their	-PRON-	PRP$
32027	934	29	transformation	transformation	NN
32027	934	30	into	into	IN
32027	934	31	freehold	freehold	JJ
32027	934	32	peasants	peasant	NNS
32027	934	33	.	.	.
32027	935	1	The	the	DT
32027	935	2	lands	land	NNS
32027	935	3	of	of	IN
32027	935	4	these	these	DT
32027	935	5	cultivators	cultivator	NNS
32027	935	6	were	be	VBD
32027	935	7	burdened	burden	VBN
32027	935	8	with	with	IN
32027	935	9	a	a	DT
32027	935	10	variety	variety	NN
32027	935	11	of	of	IN
32027	935	12	feudal	feudal	JJ
32027	935	13	dues	due	NNS
32027	935	14	and	and	CC
32027	935	15	charges	charge	NNS
32027	935	16	which	which	WDT
32027	935	17	had	have	VBD
32027	935	18	to	to	TO
32027	935	19	be	be	VB
32027	935	20	commuted	commute	VBN
32027	935	21	before	before	IN
32027	935	22	they	-PRON-	PRP
32027	935	23	could	could	MD
32027	935	24	become	become	VB
32027	935	25	freeholds	freehold	NNS
32027	935	26	.	.	.
32027	936	1	In	in	IN
32027	936	2	order	order	NN
32027	936	3	to	to	TO
32027	936	4	facilitate	facilitate	VB
32027	936	5	this	this	DT
32027	936	6	process	process	NN
32027	936	7	banks	bank	NNS
32027	936	8	were	be	VBD
32027	936	9	established	establish	VBN
32027	936	10	which	which	WDT
32027	936	11	assumed	assume	VBD
32027	936	12	the	the	DT
32027	936	13	obligations	obligation	NNS
32027	936	14	of	of	IN
32027	936	15	a	a	DT
32027	936	16	peasant	peasant	NN
32027	936	17	towards	towards	IN
32027	936	18	his	-PRON-	PRP$
32027	936	19	feudal	feudal	JJ
32027	936	20	superior	superior	JJ
32027	936	21	in	in	IN
32027	936	22	return	return	NN
32027	936	23	for	for	IN
32027	936	24	a	a	DT
32027	936	25	mortgage	mortgage	NN
32027	936	26	on	on	IN
32027	936	27	his	-PRON-	PRP$
32027	936	28	holding	holding	NN
32027	936	29	,	,	,
32027	936	30	repayable	repayable	JJ
32027	936	31	with	with	IN
32027	936	32	interest	interest	NN
32027	936	33	in	in	IN
32027	936	34	the	the	DT
32027	936	35	form	form	NN
32027	936	36	of	of	IN
32027	936	37	an	an	DT
32027	936	38	annuity	annuity	NN
32027	936	39	,	,	,
32027	936	40	and	and	CC
32027	936	41	in	in	IN
32027	936	42	amount	amount	NN
32027	936	43	equal	equal	JJ
32027	936	44	to	to	IN
32027	936	45	the	the	DT
32027	936	46	sum	sum	NN
32027	936	47	to	to	TO
32027	936	48	be	be	VB
32027	936	49	paid	pay	VBN
32027	936	50	to	to	IN
32027	936	51	the	the	DT
32027	936	52	feudal	feudal	JJ
32027	936	53	superior	superior	JJ
32027	936	54	for	for	IN
32027	936	55	the	the	DT
32027	936	56	total	total	JJ
32027	936	57	extinguishment	extinguishment	NN
32027	936	58	of	of	IN
32027	936	59	all	all	DT
32027	936	60	feudal	feudal	JJ
32027	936	61	obligations	obligation	NNS
32027	936	62	.	.	.
32027	937	1	Some	some	DT
32027	937	2	of	of	IN
32027	937	3	these	these	DT
32027	937	4	banks	bank	NNS
32027	937	5	were	be	VBD
32027	937	6	established	establish	VBN
32027	937	7	and	and	CC
32027	937	8	administered	administer	VBN
32027	937	9	by	by	IN
32027	937	10	states	state	NNS
32027	937	11	,	,	,
32027	937	12	provinces	province	NNS
32027	937	13	,	,	,
32027	937	14	and	and	CC
32027	937	15	communes	commune	NNS
32027	937	16	,	,	,
32027	937	17	and	and	CC
32027	937	18	some	some	DT
32027	937	19	by	by	IN
32027	937	20	private	private	JJ
32027	937	21	parties	party	NNS
32027	937	22	.	.	.
32027	938	1	The	the	DT
32027	938	2	public	public	JJ
32027	938	3	ones	one	NNS
32027	938	4	obtained	obtain	VBD
32027	938	5	the	the	DT
32027	938	6	funds	fund	NNS
32027	938	7	they	-PRON-	PRP
32027	938	8	needed	need	VBD
32027	938	9	partly	partly	RB
32027	938	10	from	from	IN
32027	938	11	subsidies	subsidy	NNS
32027	938	12	and	and	CC
32027	938	13	partly	partly	RB
32027	938	14	from	from	IN
32027	938	15	the	the	DT
32027	938	16	sale	sale	NN
32027	938	17	of	of	IN
32027	938	18	guaranteed	guarantee	VBN
32027	938	19	mortgage	mortgage	NN
32027	938	20	bonds	bond	NNS
32027	938	21	and	and	CC
32027	938	22	the	the	DT
32027	938	23	private	private	JJ
32027	938	24	ones	one	NNS
32027	938	25	wholly	wholly	RB
32027	938	26	from	from	IN
32027	938	27	the	the	DT
32027	938	28	sale	sale	NN
32027	938	29	of	of	IN
32027	938	30	mortgage	mortgage	NN
32027	938	31	bonds	bond	NNS
32027	938	32	.	.	.
32027	939	1	The	the	DT
32027	939	2	completion	completion	NN
32027	939	3	of	of	IN
32027	939	4	the	the	DT
32027	939	5	work	work	NN
32027	939	6	for	for	IN
32027	939	7	which	which	WDT
32027	939	8	these	these	DT
32027	939	9	banks	bank	NNS
32027	939	10	were	be	VBD
32027	939	11	originally	originally	RB
32027	939	12	established	establish	VBN
32027	939	13	put	put	VBN
32027	939	14	an	an	DT
32027	939	15	end	end	NN
32027	939	16	to	to	IN
32027	939	17	their	-PRON-	PRP$
32027	939	18	development	development	NN
32027	939	19	about	about	IN
32027	939	20	1883	1883	CD
32027	939	21	,	,	,
32027	939	22	but	but	CC
32027	939	23	similar	similar	JJ
32027	939	24	institutions	institution	NNS
32027	939	25	have	have	VBP
32027	939	26	since	since	IN
32027	939	27	been	be	VBN
32027	939	28	established	establish	VBN
32027	939	29	in	in	IN
32027	939	30	Prussia	Prussia	NNP
32027	939	31	to	to	TO
32027	939	32	assist	assist	VB
32027	939	33	colonists	colonist	NNS
32027	939	34	in	in	IN
32027	939	35	the	the	DT
32027	939	36	purchase	purchase	NN
32027	939	37	and	and	CC
32027	939	38	equipment	equipment	NN
32027	939	39	of	of	IN
32027	939	40	their	-PRON-	PRP$
32027	939	41	farms	farm	NNS
32027	939	42	,	,	,
32027	939	43	and	and	CC
32027	939	44	in	in	IN
32027	939	45	central	central	JJ
32027	939	46	and	and	CC
32027	939	47	western	western	JJ
32027	939	48	Germany	Germany	NNP
32027	939	49	to	to	TO
32027	939	50	promote	promote	VB
32027	939	51	general	general	JJ
32027	939	52	agricultural	agricultural	JJ
32027	939	53	and	and	CC
32027	939	54	urban	urban	JJ
32027	939	55	real	real	JJ
32027	939	56	estate	estate	NN
32027	939	57	operations	operation	NNS
32027	939	58	.	.	.
32027	940	1	The	the	DT
32027	940	2	colonists	colonist	NNS
32027	940	3	sent	send	VBD
32027	940	4	into	into	IN
32027	940	5	Poland	Poland	NNP
32027	940	6	for	for	IN
32027	940	7	the	the	DT
32027	940	8	Germanization	Germanization	NNP
32027	940	9	of	of	IN
32027	940	10	that	that	DT
32027	940	11	province	province	NN
32027	940	12	were	be	VBD
32027	940	13	in	in	IN
32027	940	14	this	this	DT
32027	940	15	way	way	NN
32027	940	16	assisted	assist	VBN
32027	940	17	by	by	IN
32027	940	18	the	the	DT
32027	940	19	Prussian	prussian	JJ
32027	940	20	government	government	NN
32027	940	21	,	,	,
32027	940	22	and	and	CC
32027	940	23	in	in	IN
32027	940	24	some	some	DT
32027	940	25	parts	part	NNS
32027	940	26	of	of	IN
32027	940	27	Germany	Germany	NNP
32027	940	28	the	the	DT
32027	940	29	same	same	JJ
32027	940	30	means	mean	NNS
32027	940	31	have	have	VBP
32027	940	32	been	be	VBN
32027	940	33	employed	employ	VBN
32027	940	34	for	for	IN
32027	940	35	the	the	DT
32027	940	36	purpose	purpose	NN
32027	940	37	of	of	IN
32027	940	38	aiding	aid	VBG
32027	940	39	in	in	IN
32027	940	40	the	the	DT
32027	940	41	process	process	NN
32027	940	42	of	of	IN
32027	940	43	breaking	break	VBG
32027	940	44	up	up	RP
32027	940	45	large	large	JJ
32027	940	46	estates	estate	NNS
32027	940	47	into	into	IN
32027	940	48	small	small	JJ
32027	940	49	holdings	holding	NNS
32027	940	50	,	,	,
32027	940	51	in	in	IN
32027	940	52	the	the	DT
32027	940	53	construction	construction	NN
32027	940	54	of	of	IN
32027	940	55	dikes	dike	NNS
32027	940	56	,	,	,
32027	940	57	roads	road	NNS
32027	940	58	,	,	,
32027	940	59	and	and	CC
32027	940	60	reservoirs	reservoir	NNS
32027	940	61	,	,	,
32027	940	62	and	and	CC
32027	940	63	in	in	IN
32027	940	64	changing	change	VBG
32027	940	65	the	the	DT
32027	940	66	courses	course	NNS
32027	940	67	of	of	IN
32027	940	68	streams	stream	NNS
32027	940	69	.	.	.
32027	941	1	Next	next	RB
32027	941	2	to	to	IN
32027	941	3	the	the	DT
32027	941	4	Landschaften	Landschaften	NNP
32027	941	5	the	the	DT
32027	941	6	most	most	RBS
32027	941	7	important	important	JJ
32027	941	8	intermediaries	intermediary	NNS
32027	941	9	between	between	IN
32027	941	10	capitalists	capitalist	NNS
32027	941	11	and	and	CC
32027	941	12	investors	investor	NNS
32027	941	13	in	in	IN
32027	941	14	real	real	JJ
32027	941	15	estate	estate	NN
32027	941	16	in	in	IN
32027	941	17	Germany	Germany	NNP
32027	941	18	are	be	VBP
32027	941	19	the	the	DT
32027	941	20	so	so	RB
32027	941	21	-	-	HYPH
32027	941	22	called	call	VBN
32027	941	23	Hypothekenaktienbanken	Hypothekenaktienbanken	NNP
32027	941	24	,	,	,
32027	941	25	or	or	CC
32027	941	26	joint	joint	JJ
32027	941	27	-	-	HYPH
32027	941	28	stock	stock	NN
32027	941	29	mortgage	mortgage	NN
32027	941	30	banks	bank	NNS
32027	941	31	.	.	.
32027	942	1	These	these	DT
32027	942	2	are	be	VBP
32027	942	3	private	private	JJ
32027	942	4	corporations	corporation	NNS
32027	942	5	,	,	,
32027	942	6	capitalized	capitalize	VBN
32027	942	7	by	by	IN
32027	942	8	the	the	DT
32027	942	9	sale	sale	NN
32027	942	10	of	of	IN
32027	942	11	stock	stock	NN
32027	942	12	shares	share	NNS
32027	942	13	to	to	IN
32027	942	14	the	the	DT
32027	942	15	general	general	JJ
32027	942	16	public	public	NN
32027	942	17	,	,	,
32027	942	18	and	and	CC
32027	942	19	controlled	control	VBN
32027	942	20	by	by	IN
32027	942	21	their	-PRON-	PRP$
32027	942	22	stockholders	stockholder	NNS
32027	942	23	through	through	IN
32027	942	24	directorates	directorates	NNP
32027	942	25	,	,	,
32027	942	26	like	like	IN
32027	942	27	industrial	industrial	JJ
32027	942	28	corporations	corporation	NNS
32027	942	29	the	the	DT
32027	942	30	world	world	NN
32027	942	31	over	over	RP
32027	942	32	.	.	.
32027	943	1	Their	-PRON-	PRP$
32027	943	2	business	business	NN
32027	943	3	is	be	VBZ
32027	943	4	the	the	DT
32027	943	5	making	making	NN
32027	943	6	of	of	IN
32027	943	7	long	long	JJ
32027	943	8	-	-	HYPH
32027	943	9	period	period	NN
32027	943	10	loans	loan	NNS
32027	943	11	on	on	IN
32027	943	12	real	real	JJ
32027	943	13	estate	estate	NN
32027	943	14	security	security	NN
32027	943	15	,	,	,
32027	943	16	and	and	CC
32027	943	17	the	the	DT
32027	943	18	funds	fund	NNS
32027	943	19	thus	thus	RB
32027	943	20	employed	employ	VBN
32027	943	21	are	be	VBP
32027	943	22	obtained	obtain	VBN
32027	943	23	by	by	IN
32027	943	24	the	the	DT
32027	943	25	sale	sale	NN
32027	943	26	of	of	IN
32027	943	27	mortgage	mortgage	NN
32027	943	28	bonds	bond	NNS
32027	943	29	secured	secure	VBN
32027	943	30	by	by	IN
32027	943	31	the	the	DT
32027	943	32	real	real	JJ
32027	943	33	estate	estate	NN
32027	943	34	mortgages	mortgage	NNS
32027	943	35	in	in	IN
32027	943	36	which	which	WDT
32027	943	37	the	the	DT
32027	943	38	proceeds	proceed	NNS
32027	943	39	are	be	VBP
32027	943	40	invested	invest	VBN
32027	943	41	and	and	CC
32027	943	42	by	by	IN
32027	943	43	their	-PRON-	PRP$
32027	943	44	own	own	JJ
32027	943	45	capital	capital	NN
32027	943	46	,	,	,
32027	943	47	surplus	surplus	NN
32027	943	48	,	,	,
32027	943	49	and	and	CC
32027	943	50	other	other	JJ
32027	943	51	funds	fund	NNS
32027	943	52	.	.	.
32027	944	1	They	-PRON-	PRP
32027	944	2	differ	differ	VBP
32027	944	3	from	from	IN
32027	944	4	the	the	DT
32027	944	5	Landschaften	Landschaften	NNP
32027	944	6	in	in	IN
32027	944	7	that	that	IN
32027	944	8	they	-PRON-	PRP
32027	944	9	are	be	VBP
32027	944	10	not	not	RB
32027	944	11	cooperative	cooperative	JJ
32027	944	12	or	or	CC
32027	944	13	mutual	mutual	JJ
32027	944	14	institutions	institution	NNS
32027	944	15	,	,	,
32027	944	16	but	but	CC
32027	944	17	strictly	strictly	RB
32027	944	18	business	business	NN
32027	944	19	enterprises	enterprise	NNS
32027	944	20	run	run	VBP
32027	944	21	in	in	IN
32027	944	22	the	the	DT
32027	944	23	interests	interest	NNS
32027	944	24	of	of	IN
32027	944	25	their	-PRON-	PRP$
32027	944	26	stockholders	stockholder	NNS
32027	944	27	.	.	.
32027	945	1	Their	-PRON-	PRP$
32027	945	2	primary	primary	JJ
32027	945	3	aim	aim	NN
32027	945	4	is	be	VBZ
32027	945	5	to	to	TO
32027	945	6	earn	earn	VB
32027	945	7	dividends	dividend	NNS
32027	945	8	rather	rather	RB
32027	945	9	than	than	IN
32027	945	10	to	to	TO
32027	945	11	secure	secure	VB
32027	945	12	the	the	DT
32027	945	13	lowest	low	JJS
32027	945	14	possible	possible	JJ
32027	945	15	loan	loan	NN
32027	945	16	rates	rate	NNS
32027	945	17	and	and	CC
32027	945	18	other	other	JJ
32027	945	19	favorable	favorable	JJ
32027	945	20	terms	term	NNS
32027	945	21	for	for	IN
32027	945	22	borrowers	borrower	NNS
32027	945	23	.	.	.
32027	946	1	As	as	IN
32027	946	2	a	a	DT
32027	946	3	matter	matter	NN
32027	946	4	of	of	IN
32027	946	5	fact	fact	NN
32027	946	6	they	-PRON-	PRP
32027	946	7	are	be	VBP
32027	946	8	forced	force	VBN
32027	946	9	by	by	IN
32027	946	10	competition	competition	NN
32027	946	11	and	and	CC
32027	946	12	by	by	IN
32027	946	13	the	the	DT
32027	946	14	principles	principle	NNS
32027	946	15	of	of	IN
32027	946	16	good	good	JJ
32027	946	17	business	business	NN
32027	946	18	to	to	TO
32027	946	19	make	make	VB
32027	946	20	loans	loan	NNS
32027	946	21	at	at	IN
32027	946	22	reasonable	reasonable	JJ
32027	946	23	rates	rate	NNS
32027	946	24	and	and	CC
32027	946	25	on	on	IN
32027	946	26	favorable	favorable	JJ
32027	946	27	terms	term	NNS
32027	946	28	regarding	regard	VBG
32027	946	29	repayment	repayment	NN
32027	946	30	and	and	CC
32027	946	31	other	other	JJ
32027	946	32	matters	matter	NNS
32027	946	33	,	,	,
32027	946	34	and	and	CC
32027	946	35	they	-PRON-	PRP
32027	946	36	successfully	successfully	RB
32027	946	37	compete	compete	VBP
32027	946	38	with	with	IN
32027	946	39	the	the	DT
32027	946	40	Landschaften	Landschaften	NNP
32027	946	41	and	and	CC
32027	946	42	other	other	JJ
32027	946	43	cooperative	cooperative	JJ
32027	946	44	credit	credit	NN
32027	946	45	institutions	institution	NNS
32027	946	46	of	of	IN
32027	946	47	Germany	Germany	NNP
32027	946	48	.	.	.
32027	947	1	Their	-PRON-	PRP$
32027	947	2	mortgage	mortgage	NN
32027	947	3	loans	loan	NNS
32027	947	4	are	be	VBP
32027	947	5	usually	usually	RB
32027	947	6	made	make	VBN
32027	947	7	repayable	repayable	JJ
32027	947	8	on	on	IN
32027	947	9	the	the	DT
32027	947	10	annuity	annuity	NN
32027	947	11	plan	plan	NN
32027	947	12	,	,	,
32027	947	13	one	one	CD
32027	947	14	-	-	HYPH
32027	947	15	half	half	NN
32027	947	16	per	per	IN
32027	947	17	cent	cent	NN
32027	947	18	each	each	DT
32027	947	19	year	year	NN
32027	947	20	being	be	VBG
32027	947	21	the	the	DT
32027	947	22	common	common	JJ
32027	947	23	rate	rate	NN
32027	947	24	of	of	IN
32027	947	25	payment	payment	NN
32027	947	26	,	,	,
32027	947	27	and	and	CC
32027	947	28	they	-PRON-	PRP
32027	947	29	loan	loan	VBP
32027	947	30	about	about	IN
32027	947	31	the	the	DT
32027	947	32	same	same	JJ
32027	947	33	percentage	percentage	NN
32027	947	34	of	of	IN
32027	947	35	the	the	DT
32027	947	36	value	value	NN
32027	947	37	of	of	IN
32027	947	38	the	the	DT
32027	947	39	lands	land	NNS
32027	947	40	mortgaged	mortgage	VBN
32027	947	41	,	,	,
32027	947	42	as	as	IN
32027	947	43	do	do	VBP
32027	947	44	the	the	DT
32027	947	45	Landschaften	Landschaften	NNP
32027	947	46	and	and	CC
32027	947	47	other	other	JJ
32027	947	48	land	land	NN
32027	947	49	banks	bank	NNS
32027	947	50	,	,	,
32027	947	51	and	and	CC
32027	947	52	the	the	DT
32027	947	53	rate	rate	NN
32027	947	54	of	of	IN
32027	947	55	interest	interest	NN
32027	947	56	charged	charge	VBN
32027	947	57	is	be	VBZ
32027	947	58	the	the	DT
32027	947	59	market	market	NN
32027	947	60	rate	rate	NN
32027	947	61	,	,	,
32027	947	62	into	into	IN
32027	947	63	the	the	DT
32027	947	64	determination	determination	NN
32027	947	65	of	of	IN
32027	947	66	which	which	WDT
32027	947	67	,	,	,
32027	947	68	of	of	IN
32027	947	69	course	course	NN
32027	947	70	,	,	,
32027	947	71	the	the	DT
32027	947	72	competition	competition	NN
32027	947	73	of	of	IN
32027	947	74	all	all	DT
32027	947	75	other	other	JJ
32027	947	76	institutions	institution	NNS
32027	947	77	enter	enter	VBP
32027	947	78	.	.	.
32027	948	1	While	while	IN
32027	948	2	these	these	DT
32027	948	3	institutions	institution	NNS
32027	948	4	loan	loan	VBP
32027	948	5	in	in	IN
32027	948	6	the	the	DT
32027	948	7	aggregate	aggregate	JJ
32027	948	8	enormous	enormous	JJ
32027	948	9	sums	sum	NNS
32027	948	10	on	on	IN
32027	948	11	farm	farm	NN
32027	948	12	property	property	NN
32027	948	13	,	,	,
32027	948	14	their	-PRON-	PRP$
32027	948	15	chief	chief	JJ
32027	948	16	field	field	NN
32027	948	17	of	of	IN
32027	948	18	operations	operation	NNS
32027	948	19	is	be	VBZ
32027	948	20	urban	urban	JJ
32027	948	21	real	real	JJ
32027	948	22	estate	estate	NN
32027	948	23	,	,	,
32027	948	24	and	and	CC
32027	948	25	particularly	particularly	RB
32027	948	26	the	the	DT
32027	948	27	industry	industry	NN
32027	948	28	of	of	IN
32027	948	29	residence	residence	NN
32027	948	30	,	,	,
32027	948	31	or	or	CC
32027	948	32	as	as	IN
32027	948	33	we	-PRON-	PRP
32027	948	34	would	would	MD
32027	948	35	call	call	VB
32027	948	36	it	-PRON-	PRP
32027	948	37	in	in	IN
32027	948	38	this	this	DT
32027	948	39	country	country	NN
32027	948	40	,	,	,
32027	948	41	apartment	apartment	NN
32027	948	42	-	-	HYPH
32027	948	43	house	house	NN
32027	948	44	construction	construction	NN
32027	948	45	.	.	.
32027	949	1	It	-PRON-	PRP
32027	949	2	is	be	VBZ
32027	949	3	on	on	IN
32027	949	4	this	this	DT
32027	949	5	account	account	NN
32027	949	6	that	that	IN
32027	949	7	the	the	DT
32027	949	8	period	period	NN
32027	949	9	of	of	IN
32027	949	10	their	-PRON-	PRP$
32027	949	11	most	most	RBS
32027	949	12	rapid	rapid	JJ
32027	949	13	development	development	NN
32027	949	14	coincides	coincide	VBZ
32027	949	15	with	with	IN
32027	949	16	that	that	DT
32027	949	17	of	of	IN
32027	949	18	the	the	DT
32027	949	19	recent	recent	JJ
32027	949	20	rapid	rapid	JJ
32027	949	21	industrial	industrial	JJ
32027	949	22	and	and	CC
32027	949	23	commercial	commercial	JJ
32027	949	24	development	development	NN
32027	949	25	of	of	IN
32027	949	26	Germany	Germany	NNP
32027	949	27	,	,	,
32027	949	28	which	which	WDT
32027	949	29	dates	date	VBZ
32027	949	30	back	back	RB
32027	949	31	only	only	RB
32027	949	32	to	to	IN
32027	949	33	the	the	DT
32027	949	34	establishment	establishment	NN
32027	949	35	of	of	IN
32027	949	36	the	the	DT
32027	949	37	Empire	Empire	NNP
32027	949	38	in	in	IN
32027	949	39	1870	1870	CD
32027	949	40	.	.	.
32027	950	1	Most	Most	JJS
32027	950	2	of	of	IN
32027	950	3	them	-PRON-	PRP
32027	950	4	began	begin	VBD
32027	950	5	operations	operation	NNS
32027	950	6	in	in	IN
32027	950	7	the	the	DT
32027	950	8	decade	decade	NN
32027	950	9	1862	1862	CD
32027	950	10	-	-	SYM
32027	950	11	1872	1872	CD
32027	950	12	,	,	,
32027	950	13	but	but	CC
32027	950	14	the	the	DT
32027	950	15	most	most	RBS
32027	950	16	rapid	rapid	JJ
32027	950	17	growth	growth	NN
32027	950	18	in	in	IN
32027	950	19	the	the	DT
32027	950	20	magnitude	magnitude	NN
32027	950	21	and	and	CC
32027	950	22	scope	scope	NN
32027	950	23	of	of	IN
32027	950	24	their	-PRON-	PRP$
32027	950	25	business	business	NN
32027	950	26	operations	operation	NNS
32027	950	27	has	have	VBZ
32027	950	28	come	come	VBN
32027	950	29	in	in	IN
32027	950	30	recent	recent	JJ
32027	950	31	years	year	NNS
32027	950	32	.	.	.
32027	951	1	In	in	IN
32027	951	2	1899	1899	CD
32027	951	3	there	there	EX
32027	951	4	were	be	VBD
32027	951	5	forty	forty	CD
32027	951	6	institutions	institution	NNS
32027	951	7	of	of	IN
32027	951	8	this	this	DT
32027	951	9	kind	kind	NN
32027	951	10	in	in	IN
32027	951	11	operation	operation	NN
32027	951	12	in	in	IN
32027	951	13	the	the	DT
32027	951	14	German	German	NNP
32027	951	15	Empire	Empire	NNP
32027	951	16	.	.	.
32027	952	1	The	the	DT
32027	952	2	number	number	NN
32027	952	3	at	at	IN
32027	952	4	the	the	DT
32027	952	5	present	present	JJ
32027	952	6	time	time	NN
32027	952	7	is	be	VBZ
32027	952	8	probably	probably	RB
32027	952	9	considerably	considerably	RB
32027	952	10	greater	great	JJR
32027	952	11	,	,	,
32027	952	12	since	since	IN
32027	952	13	for	for	IN
32027	952	14	obvious	obvious	JJ
32027	952	15	reasons	reason	NNS
32027	952	16	combinations	combination	NNS
32027	952	17	among	among	IN
32027	952	18	them	-PRON-	PRP
32027	952	19	are	be	VBP
32027	952	20	not	not	RB
32027	952	21	promoted	promote	VBN
32027	952	22	by	by	IN
32027	952	23	the	the	DT
32027	952	24	same	same	JJ
32027	952	25	kind	kind	NN
32027	952	26	of	of	IN
32027	952	27	economic	economic	JJ
32027	952	28	pressure	pressure	NN
32027	952	29	that	that	WDT
32027	952	30	in	in	IN
32027	952	31	recent	recent	JJ
32027	952	32	years	year	NNS
32027	952	33	has	have	VBZ
32027	952	34	operated	operate	VBN
32027	952	35	so	so	RB
32027	952	36	efficiently	efficiently	RB
32027	952	37	in	in	IN
32027	952	38	Germany	Germany	NNP
32027	952	39	in	in	IN
32027	952	40	the	the	DT
32027	952	41	field	field	NN
32027	952	42	of	of	IN
32027	952	43	commercial	commercial	JJ
32027	952	44	banking	banking	NN
32027	952	45	.	.	.
32027	953	1	Two	two	CD
32027	953	2	other	other	JJ
32027	953	3	groups	group	NNS
32027	953	4	of	of	IN
32027	953	5	German	german	JJ
32027	953	6	institutions	institution	NNS
32027	953	7	merit	merit	NN
32027	953	8	attention	attention	NN
32027	953	9	in	in	IN
32027	953	10	this	this	DT
32027	953	11	connection	connection	NN
32027	953	12	,	,	,
32027	953	13	namely	namely	RB
32027	953	14	,	,	,
32027	953	15	the	the	DT
32027	953	16	so	so	RB
32027	953	17	-	-	HYPH
32027	953	18	called	call	VBN
32027	953	19	Schulze	Schulze	NNP
32027	953	20	-	-	HYPH
32027	953	21	Delitzsch	Delitzsch	NNP
32027	953	22	and	and	CC
32027	953	23	the	the	DT
32027	953	24	Raiffeisen	Raiffeisen	NNP
32027	953	25	Credit	Credit	NNP
32027	953	26	Associations	Associations	NNPS
32027	953	27	.	.	.
32027	954	1	The	the	DT
32027	954	2	Schulze	Schulze	NNP
32027	954	3	-	-	HYPH
32027	954	4	Delitzsch	Delitzsch	NNP
32027	954	5	societies	society	NNS
32027	954	6	were	be	VBD
32027	954	7	the	the	DT
32027	954	8	direct	direct	JJ
32027	954	9	outcome	outcome	NN
32027	954	10	of	of	IN
32027	954	11	the	the	DT
32027	954	12	period	period	NN
32027	954	13	of	of	IN
32027	954	14	dearth	dearth	NN
32027	954	15	and	and	CC
32027	954	16	famine	famine	NN
32027	954	17	through	through	IN
32027	954	18	which	which	WDT
32027	954	19	Germany	Germany	NNP
32027	954	20	passed	pass	VBD
32027	954	21	in	in	IN
32027	954	22	the	the	DT
32027	954	23	years	year	NNS
32027	954	24	immediately	immediately	RB
32027	954	25	preceding	precede	VBG
32027	954	26	the	the	DT
32027	954	27	revolution	revolution	NN
32027	954	28	of	of	IN
32027	954	29	1848	1848	CD
32027	954	30	.	.	.
32027	955	1	The	the	DT
32027	955	2	first	first	JJ
32027	955	3	one	one	NN
32027	955	4	was	be	VBD
32027	955	5	not	not	RB
32027	955	6	a	a	DT
32027	955	7	credit	credit	NN
32027	955	8	association	association	NN
32027	955	9	,	,	,
32027	955	10	but	but	CC
32027	955	11	a	a	DT
32027	955	12	cooperative	cooperative	JJ
32027	955	13	buying	buying	NN
32027	955	14	society	society	NN
32027	955	15	,	,	,
32027	955	16	organized	organize	VBN
32027	955	17	by	by	IN
32027	955	18	a	a	DT
32027	955	19	local	local	JJ
32027	955	20	judge	judge	NN
32027	955	21	named	name	VBN
32027	955	22	Schulze	Schulze	NNP
32027	955	23	for	for	IN
32027	955	24	the	the	DT
32027	955	25	aid	aid	NN
32027	955	26	of	of	IN
32027	955	27	his	-PRON-	PRP$
32027	955	28	needy	needy	JJ
32027	955	29	neighbors	neighbor	NNS
32027	955	30	of	of	IN
32027	955	31	the	the	DT
32027	955	32	small	small	JJ
32027	955	33	trading	trading	NN
32027	955	34	class	class	NN
32027	955	35	in	in	IN
32027	955	36	the	the	DT
32027	955	37	town	town	NN
32027	955	38	of	of	IN
32027	955	39	Delitzsch	Delitzsch	NNP
32027	955	40	.	.	.
32027	956	1	In	in	IN
32027	956	2	1850	1850	CD
32027	956	3	a	a	DT
32027	956	4	credit	credit	NN
32027	956	5	association	association	NN
32027	956	6	on	on	IN
32027	956	7	the	the	DT
32027	956	8	same	same	JJ
32027	956	9	plan	plan	NN
32027	956	10	was	be	VBD
32027	956	11	organized	organize	VBN
32027	956	12	.	.	.
32027	957	1	Others	other	NNS
32027	957	2	followed	follow	VBD
32027	957	3	,	,	,
32027	957	4	in	in	IN
32027	957	5	rapid	rapid	JJ
32027	957	6	succession	succession	NN
32027	957	7	in	in	IN
32027	957	8	and	and	CC
32027	957	9	after	after	IN
32027	957	10	the	the	DT
32027	957	11	seventies	seventy	NNS
32027	957	12	,	,	,
32027	957	13	until	until	IN
32027	957	14	at	at	IN
32027	957	15	the	the	DT
32027	957	16	present	present	JJ
32027	957	17	time	time	NN
32027	957	18	they	-PRON-	PRP
32027	957	19	are	be	VBP
32027	957	20	numbered	number	VBN
32027	957	21	by	by	IN
32027	957	22	the	the	DT
32027	957	23	thousands	thousand	NNS
32027	957	24	and	and	CC
32027	957	25	their	-PRON-	PRP$
32027	957	26	members	member	NNS
32027	957	27	by	by	IN
32027	957	28	millions	million	NNS
32027	957	29	,	,	,
32027	957	30	and	and	CC
32027	957	31	they	-PRON-	PRP
32027	957	32	are	be	VBP
32027	957	33	scattered	scatter	VBN
32027	957	34	throughout	throughout	IN
32027	957	35	the	the	DT
32027	957	36	entire	entire	JJ
32027	957	37	empire	empire	NN
32027	957	38	.	.	.
32027	958	1	The	the	DT
32027	958	2	principle	principle	NN
32027	958	3	of	of	IN
32027	958	4	their	-PRON-	PRP$
32027	958	5	organization	organization	NN
32027	958	6	is	be	VBZ
32027	958	7	the	the	DT
32027	958	8	association	association	NN
32027	958	9	of	of	IN
32027	958	10	a	a	DT
32027	958	11	comparatively	comparatively	RB
32027	958	12	small	small	JJ
32027	958	13	group	group	NN
32027	958	14	of	of	IN
32027	958	15	neighbors	neighbor	NNS
32027	958	16	,	,	,
32027	958	17	or	or	CC
32027	958	18	of	of	IN
32027	958	19	people	people	NNS
32027	958	20	who	who	WP
32027	958	21	know	know	VBP
32027	958	22	one	one	NN
32027	958	23	another	another	DT
32027	958	24	well	well	UH
32027	958	25	,	,	,
32027	958	26	or	or	CC
32027	958	27	who	who	WP
32027	958	28	may	may	MD
32027	958	29	easily	easily	RB
32027	958	30	come	come	VB
32027	958	31	to	to	TO
32027	958	32	know	know	VB
32027	958	33	one	one	NN
32027	958	34	another	another	DT
32027	958	35	well	well	NN
32027	958	36	,	,	,
32027	958	37	by	by	IN
32027	958	38	each	each	DT
32027	958	39	making	make	VBG
32027	958	40	a	a	DT
32027	958	41	contribution	contribution	NN
32027	958	42	to	to	IN
32027	958	43	a	a	DT
32027	958	44	common	common	JJ
32027	958	45	fund	fund	NN
32027	958	46	to	to	TO
32027	958	47	be	be	VB
32027	958	48	loaned	loan	VBN
32027	958	49	out	out	RP
32027	958	50	to	to	IN
32027	958	51	individuals	individual	NNS
32027	958	52	on	on	IN
32027	958	53	personal	personal	JJ
32027	958	54	security	security	NN
32027	958	55	chiefly	chiefly	RB
32027	958	56	,	,	,
32027	958	57	and	and	CC
32027	958	58	which	which	WDT
32027	958	59	,	,	,
32027	958	60	together	together	RB
32027	958	61	with	with	IN
32027	958	62	the	the	DT
32027	958	63	credit	credit	NN
32027	958	64	of	of	IN
32027	958	65	the	the	DT
32027	958	66	entire	entire	JJ
32027	958	67	group	group	NN
32027	958	68	,	,	,
32027	958	69	may	may	MD
32027	958	70	be	be	VB
32027	958	71	made	make	VBN
32027	958	72	the	the	DT
32027	958	73	basis	basis	NN
32027	958	74	of	of	IN
32027	958	75	security	security	NN
32027	958	76	for	for	IN
32027	958	77	larger	large	JJR
32027	958	78	funds	fund	NNS
32027	958	79	to	to	TO
32027	958	80	be	be	VB
32027	958	81	borrowed	borrow	VBN
32027	958	82	on	on	IN
32027	958	83	the	the	DT
32027	958	84	open	open	JJ
32027	958	85	market	market	NN
32027	958	86	.	.	.
32027	959	1	They	-PRON-	PRP
32027	959	2	are	be	VBP
32027	959	3	carefully	carefully	RB
32027	959	4	organized	organize	VBN
32027	959	5	on	on	IN
32027	959	6	the	the	DT
32027	959	7	cooperative	cooperative	JJ
32027	959	8	principle	principle	NN
32027	959	9	,	,	,
32027	959	10	each	each	DT
32027	959	11	member	member	NN
32027	959	12	having	have	VBG
32027	959	13	an	an	DT
32027	959	14	equal	equal	JJ
32027	959	15	voice	voice	NN
32027	959	16	in	in	IN
32027	959	17	a	a	DT
32027	959	18	general	general	JJ
32027	959	19	assembly	assembly	NN
32027	959	20	which	which	WDT
32027	959	21	chooses	choose	VBZ
32027	959	22	a	a	DT
32027	959	23	board	board	NN
32027	959	24	of	of	IN
32027	959	25	directors	director	NNS
32027	959	26	and	and	CC
32027	959	27	a	a	DT
32027	959	28	small	small	JJ
32027	959	29	administrative	administrative	JJ
32027	959	30	board	board	NN
32027	959	31	,	,	,
32027	959	32	to	to	TO
32027	959	33	which	which	WDT
32027	959	34	is	be	VBZ
32027	959	35	intrusted	intrust	VBN
32027	959	36	the	the	DT
32027	959	37	actual	actual	JJ
32027	959	38	management	management	NN
32027	959	39	and	and	CC
32027	959	40	administration	administration	NN
32027	959	41	of	of	IN
32027	959	42	the	the	DT
32027	959	43	affairs	affair	NNS
32027	959	44	of	of	IN
32027	959	45	the	the	DT
32027	959	46	society	society	NN
32027	959	47	.	.	.
32027	960	1	Loans	loan	NNS
32027	960	2	are	be	VBP
32027	960	3	made	make	VBN
32027	960	4	to	to	IN
32027	960	5	members	member	NNS
32027	960	6	only	only	RB
32027	960	7	,	,	,
32027	960	8	usually	usually	RB
32027	960	9	for	for	IN
32027	960	10	short	short	JJ
32027	960	11	periods	period	NNS
32027	960	12	of	of	IN
32027	960	13	time	time	NN
32027	960	14	,	,	,
32027	960	15	on	on	IN
32027	960	16	the	the	DT
32027	960	17	personal	personal	JJ
32027	960	18	security	security	NN
32027	960	19	of	of	IN
32027	960	20	the	the	DT
32027	960	21	borrower	borrower	NN
32027	960	22	and	and	CC
32027	960	23	of	of	IN
32027	960	24	others	other	NNS
32027	960	25	who	who	WP
32027	960	26	are	be	VBP
32027	960	27	willing	willing	JJ
32027	960	28	to	to	TO
32027	960	29	vouch	vouch	VB
32027	960	30	for	for	IN
32027	960	31	him	-PRON-	PRP
32027	960	32	,	,	,
32027	960	33	and	and	CC
32027	960	34	on	on	IN
32027	960	35	the	the	DT
32027	960	36	unusually	unusually	RB
32027	960	37	favorable	favorable	JJ
32027	960	38	terms	term	NNS
32027	960	39	which	which	WDT
32027	960	40	the	the	DT
32027	960	41	credit	credit	NN
32027	960	42	of	of	IN
32027	960	43	the	the	DT
32027	960	44	entire	entire	JJ
32027	960	45	organization	organization	NN
32027	960	46	and	and	CC
32027	960	47	very	very	RB
32027	960	48	low	low	JJ
32027	960	49	costs	cost	NNS
32027	960	50	of	of	IN
32027	960	51	administration	administration	NN
32027	960	52	render	render	VB
32027	960	53	possible	possible	JJ
32027	960	54	.	.	.
32027	961	1	The	the	DT
32027	961	2	knowledge	knowledge	NN
32027	961	3	which	which	WDT
32027	961	4	each	each	DT
32027	961	5	member	member	NN
32027	961	6	has	have	VBZ
32027	961	7	of	of	IN
32027	961	8	the	the	DT
32027	961	9	character	character	NN
32027	961	10	and	and	CC
32027	961	11	business	business	NN
32027	961	12	methods	method	NNS
32027	961	13	of	of	IN
32027	961	14	his	-PRON-	PRP$
32027	961	15	fellow	fellow	JJ
32027	961	16	members	member	NNS
32027	961	17	who	who	WP
32027	961	18	borrow	borrow	VBP
32027	961	19	,	,	,
32027	961	20	and	and	CC
32027	961	21	of	of	IN
32027	961	22	the	the	DT
32027	961	23	use	use	NN
32027	961	24	to	to	TO
32027	961	25	which	which	WDT
32027	961	26	borrowed	borrow	VBN
32027	961	27	funds	fund	NNS
32027	961	28	are	be	VBP
32027	961	29	put	put	VBN
32027	961	30	,	,	,
32027	961	31	and	and	CC
32027	961	32	the	the	DT
32027	961	33	stake	stake	NN
32027	961	34	which	which	WDT
32027	961	35	each	each	DT
32027	961	36	one	one	NN
32027	961	37	has	have	VBZ
32027	961	38	in	in	IN
32027	961	39	the	the	DT
32027	961	40	financial	financial	JJ
32027	961	41	stability	stability	NN
32027	961	42	and	and	CC
32027	961	43	success	success	NN
32027	961	44	of	of	IN
32027	961	45	the	the	DT
32027	961	46	organization	organization	NN
32027	961	47	,	,	,
32027	961	48	bring	bring	VB
32027	961	49	the	the	DT
32027	961	50	percentage	percentage	NN
32027	961	51	of	of	IN
32027	961	52	losses	loss	NNS
32027	961	53	to	to	IN
32027	961	54	a	a	DT
32027	961	55	very	very	RB
32027	961	56	low	low	JJ
32027	961	57	figure	figure	NN
32027	961	58	,	,	,
32027	961	59	and	and	CC
32027	961	60	make	make	VB
32027	961	61	it	-PRON-	PRP
32027	961	62	possible	possible	JJ
32027	961	63	for	for	IN
32027	961	64	these	these	DT
32027	961	65	societies	society	NNS
32027	961	66	to	to	TO
32027	961	67	grant	grant	VB
32027	961	68	their	-PRON-	PRP$
32027	961	69	members	member	NNS
32027	961	70	maximum	maximum	JJ
32027	961	71	accommodations	accommodation	NNS
32027	961	72	at	at	IN
32027	961	73	minimum	minimum	JJ
32027	961	74	prices	price	NNS
32027	961	75	.	.	.
32027	962	1	To	to	IN
32027	962	2	the	the	DT
32027	962	3	funds	fund	NNS
32027	962	4	accumulated	accumulate	VBN
32027	962	5	from	from	IN
32027	962	6	initiation	initiation	NN
32027	962	7	fees	fee	NNS
32027	962	8	,	,	,
32027	962	9	membership	membership	NN
32027	962	10	dues	due	NNS
32027	962	11	and	and	CC
32027	962	12	the	the	DT
32027	962	13	sale	sale	NN
32027	962	14	of	of	IN
32027	962	15	the	the	DT
32027	962	16	associations	association	NNS
32027	962	17	'	'	POS
32027	962	18	credit	credit	NN
32027	962	19	have	have	VBP
32027	962	20	been	be	VBN
32027	962	21	added	add	VBN
32027	962	22	,	,	,
32027	962	23	in	in	IN
32027	962	24	constantly	constantly	RB
32027	962	25	increasing	increase	VBG
32027	962	26	amounts	amount	NNS
32027	962	27	in	in	IN
32027	962	28	recent	recent	JJ
32027	962	29	years	year	NNS
32027	962	30	,	,	,
32027	962	31	the	the	DT
32027	962	32	savings	saving	NNS
32027	962	33	of	of	IN
32027	962	34	the	the	DT
32027	962	35	members	member	NNS
32027	962	36	themselves	-PRON-	PRP
32027	962	37	.	.	.
32027	963	1	Many	many	JJ
32027	963	2	societies	society	NNS
32027	963	3	have	have	VBP
32027	963	4	such	such	PDT
32027	963	5	an	an	DT
32027	963	6	amount	amount	NN
32027	963	7	of	of	IN
32027	963	8	funds	fund	NNS
32027	963	9	intrusted	intrust	VBN
32027	963	10	to	to	IN
32027	963	11	them	-PRON-	PRP
32027	963	12	in	in	IN
32027	963	13	this	this	DT
32027	963	14	way	way	NN
32027	963	15	that	that	IN
32027	963	16	they	-PRON-	PRP
32027	963	17	are	be	VBP
32027	963	18	not	not	RB
32027	963	19	only	only	RB
32027	963	20	entirely	entirely	RB
32027	963	21	freed	free	VBN
32027	963	22	from	from	IN
32027	963	23	the	the	DT
32027	963	24	necessity	necessity	NN
32027	963	25	of	of	IN
32027	963	26	borrowing	borrowing	NN
32027	963	27	,	,	,
32027	963	28	but	but	CC
32027	963	29	are	be	VBP
32027	963	30	obliged	oblige	VBN
32027	963	31	to	to	TO
32027	963	32	seek	seek	VB
32027	963	33	opportunities	opportunity	NNS
32027	963	34	for	for	IN
32027	963	35	investment	investment	NN
32027	963	36	outside	outside	IN
32027	963	37	their	-PRON-	PRP$
32027	963	38	own	own	JJ
32027	963	39	group	group	NN
32027	963	40	.	.	.
32027	964	1	This	this	DT
32027	964	2	condition	condition	NN
32027	964	3	of	of	IN
32027	964	4	affairs	affair	NNS
32027	964	5	,	,	,
32027	964	6	in	in	IN
32027	964	7	addition	addition	NN
32027	964	8	to	to	IN
32027	964	9	many	many	JJ
32027	964	10	other	other	JJ
32027	964	11	common	common	JJ
32027	964	12	interests	interest	NNS
32027	964	13	,	,	,
32027	964	14	led	lead	VBD
32027	964	15	to	to	IN
32027	964	16	the	the	DT
32027	964	17	federation	federation	NN
32027	964	18	of	of	IN
32027	964	19	the	the	DT
32027	964	20	Schulze	Schulze	NNP
32027	964	21	-	-	HYPH
32027	964	22	Delitzsch	Delitzsch	NNP
32027	964	23	societies	society	NNS
32027	964	24	into	into	IN
32027	964	25	larger	large	JJR
32027	964	26	groups	group	NNS
32027	964	27	,	,	,
32027	964	28	and	and	CC
32027	964	29	these	these	DT
32027	964	30	in	in	IN
32027	964	31	turn	turn	NN
32027	964	32	into	into	IN
32027	964	33	state	state	NN
32027	964	34	and	and	CC
32027	964	35	national	national	JJ
32027	964	36	associations	association	NNS
32027	964	37	,	,	,
32027	964	38	through	through	IN
32027	964	39	which	which	WDT
32027	964	40	surplus	surplus	NN
32027	964	41	funds	fund	NNS
32027	964	42	in	in	IN
32027	964	43	one	one	PRP
32027	964	44	could	could	MD
32027	964	45	be	be	VB
32027	964	46	made	make	VBN
32027	964	47	to	to	TO
32027	964	48	serve	serve	VB
32027	964	49	the	the	DT
32027	964	50	needs	need	NNS
32027	964	51	of	of	IN
32027	964	52	others	other	NNS
32027	964	53	inadequately	inadequately	RB
32027	964	54	supplied	supply	VBN
32027	964	55	,	,	,
32027	964	56	and	and	CC
32027	964	57	through	through	IN
32027	964	58	which	which	WDT
32027	964	59	all	all	PDT
32027	964	60	the	the	DT
32027	964	61	societies	society	NNS
32027	964	62	could	could	MD
32027	964	63	be	be	VB
32027	964	64	brought	bring	VBN
32027	964	65	into	into	IN
32027	964	66	efficient	efficient	JJ
32027	964	67	connection	connection	NN
32027	964	68	with	with	IN
32027	964	69	the	the	DT
32027	964	70	general	general	JJ
32027	964	71	money	money	NN
32027	964	72	market	market	NN
32027	964	73	of	of	IN
32027	964	74	the	the	DT
32027	964	75	country	country	NN
32027	964	76	.	.	.
32027	965	1	For	for	IN
32027	965	2	a	a	DT
32027	965	3	number	number	NN
32027	965	4	of	of	IN
32027	965	5	years	year	NNS
32027	965	6	these	these	DT
32027	965	7	federated	federate	VBN
32027	965	8	societies	society	NNS
32027	965	9	conducted	conduct	VBD
32027	965	10	a	a	DT
32027	965	11	large	large	JJ
32027	965	12	central	central	JJ
32027	965	13	institution	institution	NN
32027	965	14	,	,	,
32027	965	15	first	first	RB
32027	965	16	in	in	IN
32027	965	17	Frankfurt	Frankfurt	NNP
32027	965	18	and	and	CC
32027	965	19	afterwards	afterwards	RB
32027	965	20	in	in	IN
32027	965	21	Berlin	Berlin	NNP
32027	965	22	,	,	,
32027	965	23	known	know	VBN
32027	965	24	as	as	IN
32027	965	25	the	the	DT
32027	965	26	Deutsche	Deutsche	NNP
32027	965	27	Genossenschaftsbank	Genossenschaftsbank	NNP
32027	965	28	.	.	.
32027	966	1	In	in	IN
32027	966	2	1904	1904	CD
32027	966	3	,	,	,
32027	966	4	however	however	RB
32027	966	5	,	,	,
32027	966	6	this	this	DT
32027	966	7	institution	institution	NN
32027	966	8	was	be	VBD
32027	966	9	absorbed	absorb	VBN
32027	966	10	by	by	IN
32027	966	11	the	the	DT
32027	966	12	Dresdener	Dresdener	NNP
32027	966	13	Bank	Bank	NNP
32027	966	14	,	,	,
32027	966	15	one	one	CD
32027	966	16	of	of	IN
32027	966	17	the	the	DT
32027	966	18	eight	eight	CD
32027	966	19	great	great	JJ
32027	966	20	private	private	JJ
32027	966	21	banking	banking	NN
32027	966	22	corporations	corporation	NNS
32027	966	23	of	of	IN
32027	966	24	Germany	Germany	NNP
32027	966	25	,	,	,
32027	966	26	which	which	WDT
32027	966	27	now	now	RB
32027	966	28	serves	serve	VBZ
32027	966	29	as	as	IN
32027	966	30	the	the	DT
32027	966	31	central	central	JJ
32027	966	32	agency	agency	NN
32027	966	33	for	for	IN
32027	966	34	all	all	PDT
32027	966	35	these	these	DT
32027	966	36	societies	society	NNS
32027	966	37	.	.	.
32027	967	1	The	the	DT
32027	967	2	membership	membership	NN
32027	967	3	of	of	IN
32027	967	4	these	these	DT
32027	967	5	associations	association	NNS
32027	967	6	is	be	VBZ
32027	967	7	not	not	RB
32027	967	8	restricted	restrict	VBN
32027	967	9	to	to	IN
32027	967	10	any	any	DT
32027	967	11	class	class	NN
32027	967	12	of	of	IN
32027	967	13	persons	person	NNS
32027	967	14	,	,	,
32027	967	15	and	and	CC
32027	967	16	they	-PRON-	PRP
32027	967	17	actually	actually	RB
32027	967	18	include	include	VBP
32027	967	19	a	a	DT
32027	967	20	very	very	RB
32027	967	21	large	large	JJ
32027	967	22	number	number	NN
32027	967	23	of	of	IN
32027	967	24	small	small	JJ
32027	967	25	farmers	farmer	NNS
32027	967	26	.	.	.
32027	968	1	An	an	DT
32027	968	2	inquiry	inquiry	NN
32027	968	3	made	make	VBN
32027	968	4	in	in	IN
32027	968	5	1885	1885	CD
32027	968	6	showed	show	VBD
32027	968	7	that	that	IN
32027	968	8	in	in	IN
32027	968	9	545	545	CD
32027	968	10	of	of	IN
32027	968	11	them	-PRON-	PRP
32027	968	12	,	,	,
32027	968	13	with	with	IN
32027	968	14	a	a	DT
32027	968	15	total	total	JJ
32027	968	16	membership	membership	NN
32027	968	17	of	of	IN
32027	968	18	270,808	270,808	CD
32027	968	19	,	,	,
32027	968	20	there	there	EX
32027	968	21	were	be	VBD
32027	968	22	72,994	72,994	CD
32027	968	23	farmers	farmer	NNS
32027	968	24	,	,	,
32027	968	25	and	and	CC
32027	968	26	that	that	IN
32027	968	27	one	one	CD
32027	968	28	-	-	HYPH
32027	968	29	fifth	fifth	NN
32027	968	30	of	of	IN
32027	968	31	the	the	DT
32027	968	32	total	total	JJ
32027	968	33	loans	loan	NNS
32027	968	34	of	of	IN
32027	968	35	these	these	DT
32027	968	36	associations	association	NNS
32027	968	37	were	be	VBD
32027	968	38	made	make	VBN
32027	968	39	to	to	IN
32027	968	40	this	this	DT
32027	968	41	class	class	NN
32027	968	42	of	of	IN
32027	968	43	their	-PRON-	PRP$
32027	968	44	members	member	NNS
32027	968	45	.	.	.
32027	969	1	They	-PRON-	PRP
32027	969	2	must	must	MD
32027	969	3	,	,	,
32027	969	4	therefore	therefore	RB
32027	969	5	,	,	,
32027	969	6	be	be	VB
32027	969	7	numbered	number	VBN
32027	969	8	among	among	IN
32027	969	9	the	the	DT
32027	969	10	land	land	NN
32027	969	11	banks	bank	NNS
32027	969	12	of	of	IN
32027	969	13	the	the	DT
32027	969	14	Empire	Empire	NNP
32027	969	15	,	,	,
32027	969	16	or	or	CC
32027	969	17	at	at	IN
32027	969	18	least	least	JJS
32027	969	19	among	among	IN
32027	969	20	the	the	DT
32027	969	21	institutions	institution	NNS
32027	969	22	which	which	WDT
32027	969	23	are	be	VBP
32027	969	24	helping	help	VBG
32027	969	25	to	to	TO
32027	969	26	solve	solve	VB
32027	969	27	the	the	DT
32027	969	28	credit	credit	NN
32027	969	29	problem	problem	NN
32027	969	30	for	for	IN
32027	969	31	the	the	DT
32027	969	32	agricultural	agricultural	JJ
32027	969	33	classes	class	NNS
32027	969	34	.	.	.
32027	970	1	The	the	DT
32027	970	2	Raiffeisen	Raiffeisen	NNP
32027	970	3	societies	society	NNS
32027	970	4	resemble	resemble	VBP
32027	970	5	the	the	DT
32027	970	6	Schulze	Schulze	NNP
32027	970	7	-	-	HYPH
32027	970	8	Delitzsch	Delitzsch	NNP
32027	970	9	in	in	IN
32027	970	10	many	many	JJ
32027	970	11	particulars	particular	NNS
32027	970	12	and	and	CC
32027	970	13	differ	differ	VBP
32027	970	14	from	from	IN
32027	970	15	them	-PRON-	PRP
32027	970	16	in	in	IN
32027	970	17	others	other	NNS
32027	970	18	.	.	.
32027	971	1	Like	like	IN
32027	971	2	them	-PRON-	PRP
32027	971	3	they	-PRON-	PRP
32027	971	4	are	be	VBP
32027	971	5	strictly	strictly	RB
32027	971	6	cooperative	cooperative	JJ
32027	971	7	in	in	IN
32027	971	8	character	character	NN
32027	971	9	,	,	,
32027	971	10	and	and	CC
32027	971	11	,	,	,
32027	971	12	when	when	WRB
32027	971	13	organized	organize	VBN
32027	971	14	for	for	IN
32027	971	15	credit	credit	NN
32027	971	16	purposes	purpose	NNS
32027	971	17	,	,	,
32027	971	18	designed	design	VBN
32027	971	19	to	to	TO
32027	971	20	supply	supply	VB
32027	971	21	members	member	NNS
32027	971	22	with	with	IN
32027	971	23	loans	loan	NNS
32027	971	24	on	on	IN
32027	971	25	the	the	DT
32027	971	26	most	most	RBS
32027	971	27	favorable	favorable	JJ
32027	971	28	possible	possible	JJ
32027	971	29	terms	term	NNS
32027	971	30	.	.	.
32027	972	1	Their	-PRON-	PRP$
32027	972	2	development	development	NN
32027	972	3	was	be	VBD
32027	972	4	also	also	RB
32027	972	5	due	due	JJ
32027	972	6	to	to	IN
32027	972	7	the	the	DT
32027	972	8	hard	hard	JJ
32027	972	9	economic	economic	JJ
32027	972	10	conditions	condition	NNS
32027	972	11	of	of	IN
32027	972	12	the	the	DT
32027	972	13	period	period	NN
32027	972	14	immediately	immediately	RB
32027	972	15	succeeding	succeed	VBG
32027	972	16	the	the	DT
32027	972	17	revolution	revolution	NN
32027	972	18	in	in	IN
32027	972	19	1848	1848	CD
32027	972	20	.	.	.
32027	973	1	They	-PRON-	PRP
32027	973	2	differ	differ	VBP
32027	973	3	from	from	IN
32027	973	4	the	the	DT
32027	973	5	Schulze	Schulze	NNP
32027	973	6	-	-	HYPH
32027	973	7	Delitzsch	Delitzsch	NNP
32027	973	8	societies	society	NNS
32027	973	9	chiefly	chiefly	RB
32027	973	10	in	in	IN
32027	973	11	the	the	DT
32027	973	12	following	follow	VBG
32027	973	13	particulars	particular	NNS
32027	973	14	:	:	:
32027	973	15	They	-PRON-	PRP
32027	973	16	charge	charge	VBP
32027	973	17	no	no	DT
32027	973	18	initiation	initiation	NN
32027	973	19	fees	fee	NNS
32027	973	20	and	and	CC
32027	973	21	do	do	VBP
32027	973	22	not	not	RB
32027	973	23	rely	rely	VB
32027	973	24	to	to	IN
32027	973	25	the	the	DT
32027	973	26	same	same	JJ
32027	973	27	extent	extent	NN
32027	973	28	on	on	IN
32027	973	29	the	the	DT
32027	973	30	proceeds	proceed	NNS
32027	973	31	of	of	IN
32027	973	32	the	the	DT
32027	973	33	sale	sale	NN
32027	973	34	of	of	IN
32027	973	35	shares	share	NNS
32027	973	36	,	,	,
32027	973	37	the	the	DT
32027	973	38	amount	amount	NN
32027	973	39	of	of	IN
32027	973	40	which	which	WDT
32027	973	41	they	-PRON-	PRP
32027	973	42	place	place	VBP
32027	973	43	at	at	IN
32027	973	44	a	a	DT
32027	973	45	very	very	RB
32027	973	46	low	low	JJ
32027	973	47	figure	figure	NN
32027	973	48	,	,	,
32027	973	49	often	often	RB
32027	973	50	the	the	DT
32027	973	51	lowest	low	JJS
32027	973	52	permitted	permit	VBN
32027	973	53	by	by	IN
32027	973	54	law	law	NN
32027	973	55	;	;	:
32027	973	56	they	-PRON-	PRP
32027	973	57	make	make	VBP
32027	973	58	long	long	JJ
32027	973	59	-	-	HYPH
32027	973	60	period	period	NN
32027	973	61	as	as	RB
32027	973	62	well	well	RB
32027	973	63	as	as	IN
32027	973	64	short	short	JJ
32027	973	65	-	-	HYPH
32027	973	66	period	period	NN
32027	973	67	loans	loan	NNS
32027	973	68	,	,	,
32027	973	69	indeed	indeed	RB
32027	973	70	the	the	DT
32027	973	71	former	former	JJ
32027	973	72	chiefly	chiefly	NN
32027	973	73	;	;	:
32027	973	74	they	-PRON-	PRP
32027	973	75	do	do	VBP
32027	973	76	not	not	RB
32027	973	77	pay	pay	VB
32027	973	78	dividends	dividend	NNS
32027	973	79	on	on	IN
32027	973	80	their	-PRON-	PRP$
32027	973	81	share	share	NN
32027	973	82	capital	capital	NN
32027	973	83	,	,	,
32027	973	84	but	but	CC
32027	973	85	instead	instead	RB
32027	973	86	put	put	VB
32027	973	87	all	all	DT
32027	973	88	profits	profit	NNS
32027	973	89	into	into	IN
32027	973	90	reserve	reserve	NN
32027	973	91	funds	fund	NNS
32027	973	92	or	or	CC
32027	973	93	prevent	prevent	VB
32027	973	94	their	-PRON-	PRP$
32027	973	95	accumulation	accumulation	NN
32027	973	96	by	by	IN
32027	973	97	keeping	keep	VBG
32027	973	98	the	the	DT
32027	973	99	loan	loan	NN
32027	973	100	rates	rate	NNS
32027	973	101	low	low	JJ
32027	973	102	;	;	:
32027	973	103	they	-PRON-	PRP
32027	973	104	exercise	exercise	VBP
32027	973	105	more	more	JJR
32027	973	106	care	care	NN
32027	973	107	than	than	IN
32027	973	108	do	do	VB
32027	973	109	the	the	DT
32027	973	110	Schulze	Schulze	NNP
32027	973	111	-	-	HYPH
32027	973	112	Delitzsch	Delitzsch	NNP
32027	973	113	associations	association	NNS
32027	973	114	to	to	TO
32027	973	115	keep	keep	VB
32027	973	116	their	-PRON-	PRP$
32027	973	117	societies	society	NNS
32027	973	118	small	small	JJ
32027	973	119	,	,	,
32027	973	120	laying	lay	VBG
32027	973	121	great	great	JJ
32027	973	122	emphasis	emphasis	NN
32027	973	123	upon	upon	IN
32027	973	124	the	the	DT
32027	973	125	importance	importance	NN
32027	973	126	of	of	IN
32027	973	127	personal	personal	JJ
32027	973	128	acquaintance	acquaintance	NN
32027	973	129	between	between	IN
32027	973	130	members	member	NNS
32027	973	131	and	and	CC
32027	973	132	thus	thus	RB
32027	973	133	upon	upon	IN
32027	973	134	mutual	mutual	JJ
32027	973	135	watchfulness	watchfulness	NN
32027	973	136	;	;	:
32027	973	137	and	and	CC
32027	973	138	,	,	,
32027	973	139	in	in	IN
32027	973	140	their	-PRON-	PRP$
32027	973	141	origin	origin	NN
32027	973	142	,	,	,
32027	973	143	they	-PRON-	PRP
32027	973	144	were	be	VBD
32027	973	145	peasant	peasant	NN
32027	973	146	organizations	organization	NNS
32027	973	147	pure	pure	JJ
32027	973	148	and	and	CC
32027	973	149	simple	simple	JJ
32027	973	150	,	,	,
32027	973	151	and	and	CC
32027	973	152	hence	hence	RB
32027	973	153	more	more	RBR
32027	973	154	strictly	strictly	RB
32027	973	155	land	land	NN
32027	973	156	banks	bank	NNS
32027	973	157	.	.	.
32027	974	1	Their	-PRON-	PRP$
32027	974	2	founder	founder	NN
32027	974	3	,	,	,
32027	974	4	F.	F.	NNP
32027	974	5	W.	W.	NNP
32027	974	6	Raiffeisen	Raiffeisen	NNP
32027	974	7	,	,	,
32027	974	8	Burgomeister	Burgomeister	NNP
32027	974	9	of	of	IN
32027	974	10	a	a	DT
32027	974	11	small	small	JJ
32027	974	12	village	village	NN
32027	974	13	in	in	IN
32027	974	14	Westphalia	Westphalia	NNP
32027	974	15	,	,	,
32027	974	16	Prussia	Prussia	NNP
32027	974	17	,	,	,
32027	974	18	wanted	want	VBD
32027	974	19	to	to	TO
32027	974	20	rescue	rescue	VB
32027	974	21	the	the	DT
32027	974	22	poor	poor	JJ
32027	974	23	peasants	peasant	NNS
32027	974	24	of	of	IN
32027	974	25	his	-PRON-	PRP$
32027	974	26	and	and	CC
32027	974	27	other	other	JJ
32027	974	28	districts	district	NNS
32027	974	29	from	from	IN
32027	974	30	the	the	DT
32027	974	31	clutches	clutch	NNS
32027	974	32	of	of	IN
32027	974	33	the	the	DT
32027	974	34	usurers	usurer	NNS
32027	974	35	,	,	,
32027	974	36	into	into	IN
32027	974	37	whose	whose	WP$
32027	974	38	hands	hand	NNS
32027	974	39	they	-PRON-	PRP
32027	974	40	had	have	VBD
32027	974	41	fallen	fall	VBN
32027	974	42	and	and	CC
32027	974	43	by	by	IN
32027	974	44	whom	whom	WP
32027	974	45	they	-PRON-	PRP
32027	974	46	were	be	VBD
32027	974	47	being	be	VBG
32027	974	48	exploited	exploit	VBN
32027	974	49	in	in	IN
32027	974	50	a	a	DT
32027	974	51	most	most	RBS
32027	974	52	shameful	shameful	JJ
32027	974	53	manner	manner	NN
32027	974	54	.	.	.
32027	975	1	Since	since	IN
32027	975	2	it	-PRON-	PRP
32027	975	3	was	be	VBD
32027	975	4	loans	loan	NNS
32027	975	5	that	that	IN
32027	975	6	these	these	DT
32027	975	7	people	people	NNS
32027	975	8	needed	need	VBD
32027	975	9	and	and	CC
32027	975	10	since	since	IN
32027	975	11	their	-PRON-	PRP$
32027	975	12	cash	cash	NN
32027	975	13	resources	resource	NNS
32027	975	14	were	be	VBD
32027	975	15	always	always	RB
32027	975	16	very	very	RB
32027	975	17	low	low	JJ
32027	975	18	and	and	CC
32027	975	19	in	in	IN
32027	975	20	many	many	JJ
32027	975	21	cases	case	NNS
32027	975	22	nil	nil	RB
32027	975	23	,	,	,
32027	975	24	he	-PRON-	PRP
32027	975	25	felt	feel	VBD
32027	975	26	that	that	IN
32027	975	27	to	to	TO
32027	975	28	require	require	VB
32027	975	29	,	,	,
32027	975	30	as	as	IN
32027	975	31	a	a	DT
32027	975	32	condition	condition	NN
32027	975	33	of	of	IN
32027	975	34	membership	membership	NN
32027	975	35	,	,	,
32027	975	36	entrance	entrance	NN
32027	975	37	fees	fee	NNS
32027	975	38	and	and	CC
32027	975	39	the	the	DT
32027	975	40	purchase	purchase	NN
32027	975	41	of	of	IN
32027	975	42	one	one	CD
32027	975	43	or	or	CC
32027	975	44	more	more	JJR
32027	975	45	shares	share	NNS
32027	975	46	of	of	IN
32027	975	47	stock	stock	NN
32027	975	48	,	,	,
32027	975	49	however	however	RB
32027	975	50	small	small	JJ
32027	975	51	,	,	,
32027	975	52	would	would	MD
32027	975	53	be	be	VB
32027	975	54	fatal	fatal	JJ
32027	975	55	to	to	IN
32027	975	56	the	the	DT
32027	975	57	success	success	NN
32027	975	58	of	of	IN
32027	975	59	his	-PRON-	PRP$
32027	975	60	plans	plan	NNS
32027	975	61	.	.	.
32027	976	1	He	-PRON-	PRP
32027	976	2	also	also	RB
32027	976	3	firmly	firmly	RB
32027	976	4	believed	believe	VBD
32027	976	5	that	that	IN
32027	976	6	in	in	IN
32027	976	7	the	the	DT
32027	976	8	integrity	integrity	NN
32027	976	9	,	,	,
32027	976	10	industry	industry	NN
32027	976	11	,	,	,
32027	976	12	frugality	frugality	NN
32027	976	13	,	,	,
32027	976	14	and	and	CC
32027	976	15	agricultural	agricultural	JJ
32027	976	16	skill	skill	NN
32027	976	17	of	of	IN
32027	976	18	these	these	DT
32027	976	19	people	people	NNS
32027	976	20	was	be	VBD
32027	976	21	the	the	DT
32027	976	22	basis	basis	NN
32027	976	23	for	for	IN
32027	976	24	sound	sound	JJ
32027	976	25	credit	credit	NN
32027	976	26	and	and	CC
32027	976	27	that	that	IN
32027	976	28	cooperation	cooperation	NN
32027	976	29	was	be	VBD
32027	976	30	a	a	DT
32027	976	31	means	means	NN
32027	976	32	by	by	IN
32027	976	33	which	which	WDT
32027	976	34	these	these	DT
32027	976	35	elements	element	NNS
32027	976	36	of	of	IN
32027	976	37	sound	sound	JJ
32027	976	38	credit	credit	NN
32027	976	39	could	could	MD
32027	976	40	be	be	VB
32027	976	41	made	make	VBN
32027	976	42	available	available	JJ
32027	976	43	and	and	CC
32027	976	44	attractive	attractive	JJ
32027	976	45	on	on	IN
32027	976	46	the	the	DT
32027	976	47	money	money	NN
32027	976	48	market	market	NN
32027	976	49	.	.	.
32027	977	1	At	at	IN
32027	977	2	the	the	DT
32027	977	3	beginning	beginning	NN
32027	977	4	,	,	,
32027	977	5	therefore	therefore	RB
32027	977	6	,	,	,
32027	977	7	no	no	DT
32027	977	8	entrance	entrance	NN
32027	977	9	fees	fee	NNS
32027	977	10	or	or	CC
32027	977	11	share	share	NN
32027	977	12	subscriptions	subscription	NNS
32027	977	13	were	be	VBD
32027	977	14	required	require	VBN
32027	977	15	.	.	.
32027	978	1	Later	later	JJ
32027	978	2	Prussian	prussian	JJ
32027	978	3	law	law	NN
32027	978	4	made	make	VBD
32027	978	5	share	share	NN
32027	978	6	subscriptions	subscription	NNS
32027	978	7	compulsory	compulsory	JJ
32027	978	8	and	and	CC
32027	978	9	they	-PRON-	PRP
32027	978	10	were	be	VBD
32027	978	11	,	,	,
32027	978	12	of	of	IN
32027	978	13	course	course	NN
32027	978	14	,	,	,
32027	978	15	introduced	introduce	VBN
32027	978	16	,	,	,
32027	978	17	but	but	CC
32027	978	18	they	-PRON-	PRP
32027	978	19	were	be	VBD
32027	978	20	made	make	VBN
32027	978	21	so	so	RB
32027	978	22	low	low	JJ
32027	978	23	,	,	,
32027	978	24	and	and	CC
32027	978	25	the	the	DT
32027	978	26	acquisition	acquisition	NN
32027	978	27	of	of	IN
32027	978	28	the	the	DT
32027	978	29	money	money	NN
32027	978	30	for	for	IN
32027	978	31	their	-PRON-	PRP$
32027	978	32	purchase	purchase	NN
32027	978	33	so	so	RB
32027	978	34	easy	easy	RB
32027	978	35	,	,	,
32027	978	36	that	that	IN
32027	978	37	they	-PRON-	PRP
32027	978	38	have	have	VBP
32027	978	39	not	not	RB
32027	978	40	been	be	VBN
32027	978	41	a	a	DT
32027	978	42	serious	serious	JJ
32027	978	43	obstacle	obstacle	NN
32027	978	44	.	.	.
32027	979	1	From	from	IN
32027	979	2	the	the	DT
32027	979	3	beginning	beginning	NN
32027	979	4	Raiffeisen	Raiffeisen	NNP
32027	979	5	invited	invite	VBD
32027	979	6	to	to	IN
32027	979	7	membership	membership	NN
32027	979	8	in	in	IN
32027	979	9	his	-PRON-	PRP$
32027	979	10	societies	society	NNS
32027	979	11	the	the	DT
32027	979	12	well	well	RB
32027	979	13	-	-	HYPH
32027	979	14	to	to	TO
32027	979	15	-	-	HYPH
32027	979	16	do	do	VB
32027	979	17	and	and	CC
32027	979	18	substantial	substantial	JJ
32027	979	19	people	people	NNS
32027	979	20	as	as	RB
32027	979	21	well	well	RB
32027	979	22	as	as	IN
32027	979	23	peasants	peasant	NNS
32027	979	24	.	.	.
32027	980	1	Of	of	RB
32027	980	2	course	course	RB
32027	980	3	these	these	DT
32027	980	4	people	people	NNS
32027	980	5	did	do	VBD
32027	980	6	not	not	RB
32027	980	7	require	require	VB
32027	980	8	the	the	DT
32027	980	9	society	society	NN
32027	980	10	for	for	IN
32027	980	11	the	the	DT
32027	980	12	satisfaction	satisfaction	NN
32027	980	13	of	of	IN
32027	980	14	their	-PRON-	PRP$
32027	980	15	own	own	JJ
32027	980	16	credit	credit	NN
32027	980	17	needs	need	NNS
32027	980	18	,	,	,
32027	980	19	but	but	CC
32027	980	20	Raiffeisen	Raiffeisen	NNP
32027	980	21	saw	see	VBD
32027	980	22	that	that	IN
32027	980	23	they	-PRON-	PRP
32027	980	24	would	would	MD
32027	980	25	greatly	greatly	RB
32027	980	26	strengthen	strengthen	VB
32027	980	27	the	the	DT
32027	980	28	credit	credit	NN
32027	980	29	of	of	IN
32027	980	30	the	the	DT
32027	980	31	societies	society	NNS
32027	980	32	and	and	CC
32027	980	33	he	-PRON-	PRP
32027	980	34	was	be	VBD
32027	980	35	able	able	JJ
32027	980	36	to	to	TO
32027	980	37	appeal	appeal	VB
32027	980	38	to	to	IN
32027	980	39	them	-PRON-	PRP
32027	980	40	on	on	IN
32027	980	41	philanthropic	philanthropic	JJ
32027	980	42	grounds	ground	NNS
32027	980	43	.	.	.
32027	981	1	This	this	DT
32027	981	2	class	class	NN
32027	981	3	of	of	IN
32027	981	4	people	people	NNS
32027	981	5	have	have	VBP
32027	981	6	a	a	DT
32027	981	7	leading	leading	JJ
32027	981	8	part	part	NN
32027	981	9	in	in	IN
32027	981	10	the	the	DT
32027	981	11	administration	administration	NN
32027	981	12	of	of	IN
32027	981	13	the	the	DT
32027	981	14	societies	society	NNS
32027	981	15	of	of	IN
32027	981	16	which	which	WDT
32027	981	17	they	-PRON-	PRP
32027	981	18	are	be	VBP
32027	981	19	members	member	NNS
32027	981	20	and	and	CC
32027	981	21	have	have	VBP
32027	981	22	contributed	contribute	VBN
32027	981	23	greatly	greatly	RB
32027	981	24	to	to	IN
32027	981	25	their	-PRON-	PRP$
32027	981	26	success	success	NN
32027	981	27	.	.	.
32027	982	1	At	at	IN
32027	982	2	the	the	DT
32027	982	3	outset	outset	NN
32027	982	4	the	the	DT
32027	982	5	Raiffeisen	Raiffeisen	NNP
32027	982	6	societies	society	NNS
32027	982	7	had	have	VBD
32027	982	8	to	to	TO
32027	982	9	rely	rely	VB
32027	982	10	chiefly	chiefly	RB
32027	982	11	on	on	IN
32027	982	12	borrowing	borrow	VBG
32027	982	13	for	for	IN
32027	982	14	the	the	DT
32027	982	15	acquisition	acquisition	NN
32027	982	16	of	of	IN
32027	982	17	the	the	DT
32027	982	18	capital	capital	NN
32027	982	19	needed	need	VBN
32027	982	20	,	,	,
32027	982	21	but	but	CC
32027	982	22	with	with	IN
32027	982	23	time	time	NN
32027	982	24	and	and	CC
32027	982	25	success	success	NN
32027	982	26	savings	saving	NNS
32027	982	27	deposits	deposit	NNS
32027	982	28	,	,	,
32027	982	29	surplus	surplus	JJ
32027	982	30	funds	fund	NNS
32027	982	31	accumulated	accumulate	VBN
32027	982	32	out	out	IN
32027	982	33	of	of	IN
32027	982	34	profits	profit	NNS
32027	982	35	,	,	,
32027	982	36	and	and	CC
32027	982	37	lastly	lastly	RB
32027	982	38	the	the	DT
32027	982	39	proceeds	proceed	NNS
32027	982	40	of	of	IN
32027	982	41	the	the	DT
32027	982	42	sale	sale	NN
32027	982	43	of	of	IN
32027	982	44	shares	share	NNS
32027	982	45	have	have	VBP
32027	982	46	played	play	VBN
32027	982	47	an	an	DT
32027	982	48	increasing	increase	VBG
32027	982	49	rôle	rôle	NN
32027	982	50	.	.	.
32027	983	1	At	at	IN
32027	983	2	the	the	DT
32027	983	3	present	present	JJ
32027	983	4	time	time	NN
32027	983	5	many	many	JJ
32027	983	6	societies	society	NNS
32027	983	7	are	be	VBP
32027	983	8	not	not	RB
32027	983	9	obliged	oblige	VBN
32027	983	10	to	to	TO
32027	983	11	borrow	borrow	VB
32027	983	12	at	at	RB
32027	983	13	all	all	RB
32027	983	14	,	,	,
32027	983	15	and	and	CC
32027	983	16	not	not	RB
32027	983	17	a	a	DT
32027	983	18	few	few	JJ
32027	983	19	have	have	VBP
32027	983	20	surplus	surplus	JJ
32027	983	21	funds	fund	NNS
32027	983	22	which	which	WDT
32027	983	23	are	be	VBP
32027	983	24	placed	place	VBN
32027	983	25	at	at	IN
32027	983	26	the	the	DT
32027	983	27	disposition	disposition	NN
32027	983	28	of	of	IN
32027	983	29	other	other	JJ
32027	983	30	societies	society	NNS
32027	983	31	which	which	WDT
32027	983	32	are	be	VBP
32027	983	33	still	still	RB
32027	983	34	obliged	oblige	VBN
32027	983	35	to	to	TO
32027	983	36	borrow	borrow	VB
32027	983	37	.	.	.
32027	984	1	Like	like	IN
32027	984	2	the	the	DT
32027	984	3	Schulze	Schulze	NNP
32027	984	4	-	-	HYPH
32027	984	5	Delitzsch	Delitzsch	NNP
32027	984	6	societies	societie	VBZ
32027	984	7	the	the	DT
32027	984	8	Raiffeisen	Raiffeisen	NNP
32027	984	9	associations	association	NNS
32027	984	10	have	have	VBP
32027	984	11	federated	federate	VBN
32027	984	12	.	.	.
32027	985	1	At	at	IN
32027	985	2	present	present	NN
32027	985	3	there	there	EX
32027	985	4	are	be	VBP
32027	985	5	thirteen	thirteen	CD
32027	985	6	so	so	RB
32027	985	7	-	-	HYPH
32027	985	8	called	call	VBN
32027	985	9	unions	union	NNS
32027	985	10	,	,	,
32027	985	11	and	and	CC
32027	985	12	at	at	IN
32027	985	13	the	the	DT
32027	985	14	head	head	NN
32027	985	15	of	of	IN
32027	985	16	all	all	DT
32027	985	17	is	be	VBZ
32027	985	18	a	a	DT
32027	985	19	central	central	JJ
32027	985	20	bank	bank	NN
32027	985	21	with	with	IN
32027	985	22	head	head	NN
32027	985	23	office	office	NN
32027	985	24	at	at	IN
32027	985	25	Berlin	Berlin	NNP
32027	985	26	and	and	CC
32027	985	27	branches	branch	NNS
32027	985	28	at	at	IN
32027	985	29	Königsberg	Königsberg	NNP
32027	985	30	,	,	,
32027	985	31	Danzig	Danzig	NNP
32027	985	32	,	,	,
32027	985	33	Breslau	Breslau	NNP
32027	985	34	,	,	,
32027	985	35	Cassel	Cassel	NNP
32027	985	36	,	,	,
32027	985	37	Frankfurt	Frankfurt	NNP
32027	985	38	,	,	,
32027	985	39	Coblenz	Coblenz	NNP
32027	985	40	,	,	,
32027	985	41	Brunzwick	Brunzwick	NNP
32027	985	42	,	,	,
32027	985	43	Strassburg	Strassburg	NNP
32027	985	44	,	,	,
32027	985	45	Nuremberg	Nuremberg	NNP
32027	985	46	,	,	,
32027	985	47	Posen	Posen	NNP
32027	985	48	,	,	,
32027	985	49	and	and	CC
32027	985	50	Ludwigshafen	Ludwigshafen	NNP
32027	985	51	.	.	.
32027	986	1	The	the	DT
32027	986	2	central	central	JJ
32027	986	3	bank	bank	NN
32027	986	4	is	be	VBZ
32027	986	5	a	a	DT
32027	986	6	joint	joint	JJ
32027	986	7	-	-	HYPH
32027	986	8	stock	stock	NN
32027	986	9	company	company	NN
32027	986	10	,	,	,
32027	986	11	organized	organize	VBN
32027	986	12	on	on	IN
32027	986	13	the	the	DT
32027	986	14	principle	principle	NN
32027	986	15	of	of	IN
32027	986	16	limited	limited	JJ
32027	986	17	liability	liability	NN
32027	986	18	,	,	,
32027	986	19	the	the	DT
32027	986	20	stock	stock	NN
32027	986	21	of	of	IN
32027	986	22	which	which	WDT
32027	986	23	is	be	VBZ
32027	986	24	owned	own	VBN
32027	986	25	by	by	IN
32027	986	26	the	the	DT
32027	986	27	local	local	JJ
32027	986	28	societies	society	NNS
32027	986	29	.	.	.
32027	987	1	It	-PRON-	PRP
32027	987	2	formerly	formerly	RB
32027	987	3	had	have	VBD
32027	987	4	close	close	JJ
32027	987	5	relations	relation	NNS
32027	987	6	with	with	IN
32027	987	7	the	the	DT
32027	987	8	Imperial	Imperial	NNP
32027	987	9	Bank	Bank	NNP
32027	987	10	,	,	,
32027	987	11	but	but	CC
32027	987	12	is	be	VBZ
32027	987	13	now	now	RB
32027	987	14	associated	associate	VBN
32027	987	15	with	with	IN
32027	987	16	the	the	DT
32027	987	17	so	so	RB
32027	987	18	-	-	HYPH
32027	987	19	called	call	VBN
32027	987	20	Centralgenossenschaftskassa	Centralgenossenschaftskassa	NNP
32027	987	21	,	,	,
32027	987	22	endowed	endow	VBN
32027	987	23	by	by	IN
32027	987	24	the	the	DT
32027	987	25	state	state	NN
32027	987	26	of	of	IN
32027	987	27	Prussia	Prussia	NNP
32027	987	28	,	,	,
32027	987	29	in	in	IN
32027	987	30	such	such	PDT
32027	987	31	a	a	DT
32027	987	32	way	way	NN
32027	987	33	that	that	WDT
32027	987	34	advances	advance	VBZ
32027	987	35	and	and	CC
32027	987	36	discounts	discount	NNS
32027	987	37	are	be	VBP
32027	987	38	extended	extend	VBN
32027	987	39	to	to	IN
32027	987	40	it	-PRON-	PRP
32027	987	41	on	on	IN
32027	987	42	favorable	favorable	JJ
32027	987	43	terms	term	NNS
32027	987	44	.	.	.
32027	988	1	The	the	DT
32027	988	2	Raiffeisen	Raiffeisen	NNP
32027	988	3	societies	society	NNS
32027	988	4	rival	rival	VBP
32027	988	5	the	the	DT
32027	988	6	Schulze	Schulze	NNP
32027	988	7	-	-	HYPH
32027	988	8	Delitzsch	Delitzsch	NNP
32027	988	9	in	in	IN
32027	988	10	the	the	DT
32027	988	11	rapidity	rapidity	NN
32027	988	12	of	of	IN
32027	988	13	their	-PRON-	PRP$
32027	988	14	growth	growth	NN
32027	988	15	and	and	CC
32027	988	16	in	in	IN
32027	988	17	the	the	DT
32027	988	18	rôle	rôle	NN
32027	988	19	they	-PRON-	PRP
32027	988	20	play	play	VBP
32027	988	21	in	in	IN
32027	988	22	the	the	DT
32027	988	23	economic	economic	JJ
32027	988	24	life	life	NN
32027	988	25	of	of	IN
32027	988	26	modern	modern	JJ
32027	988	27	Germany	Germany	NNP
32027	988	28	.	.	.
32027	989	1	In	in	IN
32027	989	2	1908	1908	CD
32027	989	3	they	-PRON-	PRP
32027	989	4	numbered	number	VBD
32027	989	5	5,047	5,047	CD
32027	989	6	,	,	,
32027	989	7	of	of	IN
32027	989	8	which	which	WDT
32027	989	9	4,340	4,340	CD
32027	989	10	were	be	VBD
32027	989	11	credit	credit	NN
32027	989	12	associations	association	NNS
32027	989	13	.	.	.
32027	990	1	The	the	DT
32027	990	2	collective	collective	JJ
32027	990	3	balance	balance	NN
32027	990	4	sheets	sheet	NNS
32027	990	5	of	of	IN
32027	990	6	these	these	DT
32027	990	7	societies	society	NNS
32027	990	8	in	in	IN
32027	990	9	1907	1907	CD
32027	990	10	showed	show	VBD
32027	990	11	490,734,834	490,734,834	CD
32027	990	12	marks	mark	NNS
32027	990	13	assets	asset	NNS
32027	990	14	,	,	,
32027	990	15	489,234,357	489,234,357	CD
32027	990	16	marks	mark	NNS
32027	990	17	liabilities	liability	NNS
32027	990	18	,	,	,
32027	990	19	and	and	CC
32027	990	20	a	a	DT
32027	990	21	membership	membership	NN
32027	990	22	of	of	IN
32027	990	23	405,819	405,819	CD
32027	990	24	.	.	.
32027	991	1	While	while	IN
32027	991	2	Germany	Germany	NNP
32027	991	3	was	be	VBD
32027	991	4	the	the	DT
32027	991	5	pioneer	pioneer	NN
32027	991	6	in	in	IN
32027	991	7	the	the	DT
32027	991	8	establishment	establishment	NN
32027	991	9	of	of	IN
32027	991	10	land	land	NN
32027	991	11	credit	credit	NN
32027	991	12	institutions	institution	NNS
32027	991	13	,	,	,
32027	991	14	and	and	CC
32027	991	15	while	while	IN
32027	991	16	such	such	JJ
32027	991	17	institutions	institution	NNS
32027	991	18	have	have	VBP
32027	991	19	attained	attain	VBN
32027	991	20	a	a	DT
32027	991	21	greater	great	JJR
32027	991	22	variety	variety	NN
32027	991	23	of	of	IN
32027	991	24	form	form	NN
32027	991	25	and	and	CC
32027	991	26	a	a	DT
32027	991	27	higher	high	JJR
32027	991	28	degree	degree	NN
32027	991	29	of	of	IN
32027	991	30	perfection	perfection	NN
32027	991	31	in	in	IN
32027	991	32	that	that	DT
32027	991	33	country	country	NN
32027	991	34	than	than	IN
32027	991	35	in	in	IN
32027	991	36	any	any	DT
32027	991	37	other	other	JJ
32027	991	38	,	,	,
32027	991	39	other	other	JJ
32027	991	40	countries	country	NNS
32027	991	41	have	have	VBP
32027	991	42	advanced	advance	VBN
32027	991	43	along	along	IN
32027	991	44	similar	similar	JJ
32027	991	45	lines	line	NNS
32027	991	46	and	and	CC
32027	991	47	now	now	RB
32027	991	48	have	have	VBP
32027	991	49	institutions	institution	NNS
32027	991	50	and	and	CC
32027	991	51	a	a	DT
32027	991	52	fund	fund	NN
32027	991	53	of	of	IN
32027	991	54	experience	experience	NN
32027	991	55	well	well	RB
32027	991	56	worthy	worthy	JJ
32027	991	57	of	of	IN
32027	991	58	study	study	NN
32027	991	59	.	.	.
32027	992	1	The	the	DT
32027	992	2	institutions	institution	NNS
32027	992	3	of	of	IN
32027	992	4	Germany	Germany	NNP
32027	992	5	have	have	VBP
32027	992	6	in	in	IN
32027	992	7	most	most	JJS
32027	992	8	cases	case	NNS
32027	992	9	served	serve	VBD
32027	992	10	as	as	IN
32027	992	11	models	model	NNS
32027	992	12	in	in	IN
32027	992	13	these	these	DT
32027	992	14	other	other	JJ
32027	992	15	countries	country	NNS
32027	992	16	,	,	,
32027	992	17	the	the	DT
32027	992	18	mortgage	mortgage	NN
32027	992	19	banks	bank	NNS
32027	992	20	and	and	CC
32027	992	21	the	the	DT
32027	992	22	Schulze	Schulze	NNP
32027	992	23	-	-	HYPH
32027	992	24	Delitzsch	Delitzsch	NNP
32027	992	25	and	and	CC
32027	992	26	Raiffeisen	Raiffeisen	NNP
32027	992	27	societies	society	NNS
32027	992	28	having	have	VBG
32027	992	29	been	be	VBN
32027	992	30	most	most	RBS
32027	992	31	frequently	frequently	RB
32027	992	32	copied	copy	VBN
32027	992	33	.	.	.
32027	993	1	These	these	DT
32027	993	2	models	model	NNS
32027	993	3	have	have	VBP
32027	993	4	been	be	VBN
32027	993	5	adapted	adapt	VBN
32027	993	6	to	to	IN
32027	993	7	foreign	foreign	JJ
32027	993	8	conditions	condition	NNS
32027	993	9	and	and	CC
32027	993	10	modified	modify	VBN
32027	993	11	in	in	IN
32027	993	12	interesting	interesting	JJ
32027	993	13	and	and	CC
32027	993	14	instructive	instructive	JJ
32027	993	15	ways	way	NNS
32027	993	16	as	as	RB
32027	993	17	well	well	RB
32027	993	18	as	as	IN
32027	993	19	copied	copy	VBN
32027	993	20	without	without	IN
32027	993	21	essential	essential	JJ
32027	993	22	change	change	NN
32027	993	23	.	.	.
32027	994	1	Among	among	IN
32027	994	2	the	the	DT
32027	994	3	mortgage	mortgage	NN
32027	994	4	banks	bank	NNS
32027	994	5	developed	develop	VBD
32027	994	6	outside	outside	RB
32027	994	7	of	of	IN
32027	994	8	Germany	Germany	NNP
32027	994	9	the	the	DT
32027	994	10	Crédit	Crédit	NNP
32027	994	11	Foncier	Foncier	NNP
32027	994	12	of	of	IN
32027	994	13	France	France	NNP
32027	994	14	is	be	VBZ
32027	994	15	especially	especially	RB
32027	994	16	noteworthy	noteworthy	JJ
32027	994	17	.	.	.
32027	995	1	In	in	IN
32027	995	2	its	-PRON-	PRP$
32027	995	3	organization	organization	NN
32027	995	4	it	-PRON-	PRP
32027	995	5	was	be	VBD
32027	995	6	modeled	model	VBN
32027	995	7	after	after	IN
32027	995	8	the	the	DT
32027	995	9	Bank	Bank	NNP
32027	995	10	of	of	IN
32027	995	11	France	France	NNP
32027	995	12	and	and	CC
32027	995	13	is	be	VBZ
32027	995	14	second	second	JJ
32027	995	15	only	only	RB
32027	995	16	to	to	IN
32027	995	17	that	that	DT
32027	995	18	institution	institution	NN
32027	995	19	in	in	IN
32027	995	20	the	the	DT
32027	995	21	magnitude	magnitude	NN
32027	995	22	of	of	IN
32027	995	23	its	-PRON-	PRP$
32027	995	24	operations	operation	NNS
32027	995	25	and	and	CC
32027	995	26	the	the	DT
32027	995	27	scope	scope	NN
32027	995	28	of	of	IN
32027	995	29	its	-PRON-	PRP$
32027	995	30	influence	influence	NN
32027	995	31	.	.	.
32027	996	1	Its	-PRON-	PRP$
32027	996	2	head	head	NN
32027	996	3	office	office	NN
32027	996	4	is	be	VBZ
32027	996	5	in	in	IN
32027	996	6	Paris	Paris	NNP
32027	996	7	and	and	CC
32027	996	8	it	-PRON-	PRP
32027	996	9	has	have	VBZ
32027	996	10	at	at	RB
32027	996	11	least	least	RBS
32027	996	12	one	one	CD
32027	996	13	branch	branch	NN
32027	996	14	in	in	IN
32027	996	15	each	each	DT
32027	996	16	department	department	NN
32027	996	17	.	.	.
32027	997	1	Its	-PRON-	PRP$
32027	997	2	capital	capital	NN
32027	997	3	stock	stock	NN
32027	997	4	owned	own	VBN
32027	997	5	by	by	IN
32027	997	6	private	private	JJ
32027	997	7	parties	party	NNS
32027	997	8	amounts	amount	VBZ
32027	997	9	to	to	IN
32027	997	10	about	about	IN
32027	997	11	$	$	$
32027	997	12	40,000,000	40,000,000	CD
32027	997	13	,	,	,
32027	997	14	its	-PRON-	PRP$
32027	997	15	surplus	surplus	NN
32027	997	16	to	to	IN
32027	997	17	over	over	IN
32027	997	18	$	$	$
32027	997	19	4,000,000	4,000,000	CD
32027	997	20	,	,	,
32027	997	21	its	-PRON-	PRP$
32027	997	22	loans	loan	NNS
32027	997	23	secured	secure	VBN
32027	997	24	by	by	IN
32027	997	25	mortgage	mortgage	NN
32027	997	26	to	to	IN
32027	997	27	over	over	IN
32027	997	28	$	$	$
32027	997	29	400,000,000	400,000,000	CD
32027	997	30	,	,	,
32027	997	31	and	and	CC
32027	997	32	its	-PRON-	PRP$
32027	997	33	total	total	JJ
32027	997	34	resources	resource	NNS
32027	997	35	to	to	IN
32027	997	36	about	about	IN
32027	997	37	$	$	$
32027	997	38	1,000,000,000	1,000,000,000	CD
32027	997	39	.	.	.
32027	998	1	Like	like	IN
32027	998	2	the	the	DT
32027	998	3	German	german	JJ
32027	998	4	mortgage	mortgage	NN
32027	998	5	banks	bank	NNS
32027	998	6	,	,	,
32027	998	7	it	-PRON-	PRP
32027	998	8	secures	secure	VBZ
32027	998	9	the	the	DT
32027	998	10	greater	great	JJR
32027	998	11	part	part	NN
32027	998	12	of	of	IN
32027	998	13	its	-PRON-	PRP$
32027	998	14	loan	loan	NN
32027	998	15	funds	fund	NNS
32027	998	16	through	through	IN
32027	998	17	the	the	DT
32027	998	18	issue	issue	NN
32027	998	19	of	of	IN
32027	998	20	mortgage	mortgage	NN
32027	998	21	bonds	bond	NNS
32027	998	22	and	and	CC
32027	998	23	a	a	DT
32027	998	24	large	large	JJ
32027	998	25	percentage	percentage	NN
32027	998	26	of	of	IN
32027	998	27	its	-PRON-	PRP$
32027	998	28	loans	loan	NNS
32027	998	29	are	be	VBP
32027	998	30	made	make	VBN
32027	998	31	on	on	IN
32027	998	32	mortgage	mortgage	NN
32027	998	33	security	security	NN
32027	998	34	for	for	IN
32027	998	35	long	long	JJ
32027	998	36	periods	period	NNS
32027	998	37	of	of	IN
32027	998	38	time	time	NN
32027	998	39	and	and	CC
32027	998	40	are	be	VBP
32027	998	41	repayable	repayable	JJ
32027	998	42	on	on	IN
32027	998	43	the	the	DT
32027	998	44	annuity	annuity	NN
32027	998	45	plan	plan	NN
32027	998	46	.	.	.
32027	999	1	However	however	RB
32027	999	2	,	,	,
32027	999	3	it	-PRON-	PRP
32027	999	4	transacts	transact	VBZ
32027	999	5	a	a	DT
32027	999	6	greater	great	JJR
32027	999	7	variety	variety	NN
32027	999	8	of	of	IN
32027	999	9	business	business	NN
32027	999	10	than	than	IN
32027	999	11	does	do	VBZ
32027	999	12	the	the	DT
32027	999	13	typical	typical	JJ
32027	999	14	mortgage	mortgage	NN
32027	999	15	bank	bank	NN
32027	999	16	of	of	IN
32027	999	17	Germany	Germany	NNP
32027	999	18	.	.	.
32027	1000	1	It	-PRON-	PRP
32027	1000	2	loans	loan	VBZ
32027	1000	3	on	on	IN
32027	1000	4	city	city	NN
32027	1000	5	and	and	CC
32027	1000	6	farm	farm	NN
32027	1000	7	real	real	JJ
32027	1000	8	estate	estate	NN
32027	1000	9	and	and	CC
32027	1000	10	to	to	IN
32027	1000	11	communes	commune	NNS
32027	1000	12	,	,	,
32027	1000	13	and	and	CC
32027	1000	14	it	-PRON-	PRP
32027	1000	15	transacts	transact	VBZ
32027	1000	16	a	a	DT
32027	1000	17	large	large	JJ
32027	1000	18	commercial	commercial	JJ
32027	1000	19	banking	banking	NN
32027	1000	20	business	business	NN
32027	1000	21	,	,	,
32027	1000	22	though	though	IN
32027	1000	23	this	this	DT
32027	1000	24	is	be	VBZ
32027	1000	25	distinctly	distinctly	RB
32027	1000	26	a	a	DT
32027	1000	27	side	side	NN
32027	1000	28	issue	issue	NN
32027	1000	29	,	,	,
32027	1000	30	incorporated	incorporate	VBN
32027	1000	31	with	with	IN
32027	1000	32	its	-PRON-	PRP$
32027	1000	33	other	other	JJ
32027	1000	34	business	business	NN
32027	1000	35	in	in	IN
32027	1000	36	order	order	NN
32027	1000	37	to	to	TO
32027	1000	38	give	give	VB
32027	1000	39	profitable	profitable	JJ
32027	1000	40	employment	employment	NN
32027	1000	41	to	to	IN
32027	1000	42	funds	fund	NNS
32027	1000	43	,	,	,
32027	1000	44	sometimes	sometimes	RB
32027	1000	45	large	large	JJ
32027	1000	46	in	in	IN
32027	1000	47	amount	amount	NN
32027	1000	48	,	,	,
32027	1000	49	which	which	WDT
32027	1000	50	are	be	VBP
32027	1000	51	temporarily	temporarily	RB
32027	1000	52	on	on	IN
32027	1000	53	hand	hand	NN
32027	1000	54	awaiting	await	VBG
32027	1000	55	investment	investment	NN
32027	1000	56	.	.	.
32027	1001	1	At	at	IN
32027	1001	2	various	various	JJ
32027	1001	3	times	time	NNS
32027	1001	4	it	-PRON-	PRP
32027	1001	5	has	have	VBZ
32027	1001	6	absorbed	absorb	VBN
32027	1001	7	competing	compete	VBG
32027	1001	8	institutions	institution	NNS
32027	1001	9	and	and	CC
32027	1001	10	at	at	IN
32027	1001	11	times	time	NNS
32027	1001	12	it	-PRON-	PRP
32027	1001	13	has	have	VBZ
32027	1001	14	established	establish	VBN
32027	1001	15	collateral	collateral	JJ
32027	1001	16	institutions	institution	NNS
32027	1001	17	to	to	TO
32027	1001	18	transact	transact	VB
32027	1001	19	lines	line	NNS
32027	1001	20	of	of	IN
32027	1001	21	business	business	NN
32027	1001	22	for	for	IN
32027	1001	23	which	which	WDT
32027	1001	24	its	-PRON-	PRP$
32027	1001	25	own	own	JJ
32027	1001	26	constitution	constitution	NN
32027	1001	27	and	and	CC
32027	1001	28	legal	legal	JJ
32027	1001	29	limitations	limitation	NNS
32027	1001	30	did	do	VBD
32027	1001	31	not	not	RB
32027	1001	32	fit	fit	VB
32027	1001	33	it	-PRON-	PRP
32027	1001	34	.	.	.
32027	1002	1	Among	among	IN
32027	1002	2	these	these	DT
32027	1002	3	the	the	DT
32027	1002	4	most	most	RBS
32027	1002	5	important	important	JJ
32027	1002	6	are	be	VBP
32027	1002	7	the	the	DT
32027	1002	8	Crédit	Crédit	NNP
32027	1002	9	Agricole	Agricole	NNP
32027	1002	10	and	and	CC
32027	1002	11	the	the	DT
32027	1002	12	Foncier	Foncier	NNP
32027	1002	13	Algierienne	Algierienne	NNP
32027	1002	14	.	.	.
32027	1003	1	It	-PRON-	PRP
32027	1003	2	was	be	VBD
32027	1003	3	obliged	oblige	VBN
32027	1003	4	ultimately	ultimately	RB
32027	1003	5	to	to	TO
32027	1003	6	absorb	absorb	VB
32027	1003	7	and	and	CC
32027	1003	8	liquidate	liquidate	VB
32027	1003	9	the	the	DT
32027	1003	10	former	former	JJ
32027	1003	11	,	,	,
32027	1003	12	but	but	CC
32027	1003	13	the	the	DT
32027	1003	14	latter	latter	JJ
32027	1003	15	still	still	RB
32027	1003	16	flourishes	flourish	NNS
32027	1003	17	in	in	IN
32027	1003	18	the	the	DT
32027	1003	19	colony	colony	NN
32027	1003	20	of	of	IN
32027	1003	21	Algiers	Algiers	NNP
32027	1003	22	.	.	.
32027	1004	1	Mortgage	mortgage	NN
32027	1004	2	banks	bank	NNS
32027	1004	3	have	have	VBP
32027	1004	4	also	also	RB
32027	1004	5	gained	gain	VBN
32027	1004	6	a	a	DT
32027	1004	7	footing	footing	NN
32027	1004	8	in	in	IN
32027	1004	9	most	most	JJS
32027	1004	10	of	of	IN
32027	1004	11	the	the	DT
32027	1004	12	other	other	JJ
32027	1004	13	countries	country	NNS
32027	1004	14	of	of	IN
32027	1004	15	continental	continental	JJ
32027	1004	16	Europe	Europe	NNP
32027	1004	17	.	.	.
32027	1005	1	In	in	IN
32027	1005	2	Italy	Italy	NNP
32027	1005	3	they	-PRON-	PRP
32027	1005	4	passed	pass	VBD
32027	1005	5	through	through	IN
32027	1005	6	a	a	DT
32027	1005	7	period	period	NN
32027	1005	8	of	of	IN
32027	1005	9	storm	storm	NN
32027	1005	10	and	and	CC
32027	1005	11	stress	stress	NN
32027	1005	12	,	,	,
32027	1005	13	owing	owe	VBG
32027	1005	14	to	to	IN
32027	1005	15	their	-PRON-	PRP$
32027	1005	16	connection	connection	NN
32027	1005	17	with	with	IN
32027	1005	18	the	the	DT
32027	1005	19	issue	issue	NN
32027	1005	20	banks	bank	NNS
32027	1005	21	of	of	IN
32027	1005	22	that	that	DT
32027	1005	23	country	country	NN
32027	1005	24	and	and	CC
32027	1005	25	the	the	DT
32027	1005	26	consequent	consequent	JJ
32027	1005	27	confusion	confusion	NN
32027	1005	28	between	between	IN
32027	1005	29	commercial	commercial	JJ
32027	1005	30	and	and	CC
32027	1005	31	investment	investment	NN
32027	1005	32	banking	banking	NN
32027	1005	33	which	which	WDT
32027	1005	34	resulted	result	VBD
32027	1005	35	,	,	,
32027	1005	36	but	but	CC
32027	1005	37	they	-PRON-	PRP
32027	1005	38	have	have	VBP
32027	1005	39	recently	recently	RB
32027	1005	40	been	be	VBN
32027	1005	41	established	establish	VBN
32027	1005	42	on	on	IN
32027	1005	43	an	an	DT
32027	1005	44	independent	independent	JJ
32027	1005	45	basis	basis	NN
32027	1005	46	and	and	CC
32027	1005	47	are	be	VBP
32027	1005	48	now	now	RB
32027	1005	49	developing	develop	VBG
32027	1005	50	along	along	IN
32027	1005	51	right	right	JJ
32027	1005	52	lines	line	NNS
32027	1005	53	and	and	CC
32027	1005	54	with	with	IN
32027	1005	55	apparent	apparent	JJ
32027	1005	56	success	success	NN
32027	1005	57	.	.	.
32027	1006	1	The	the	DT
32027	1006	2	Schulze	Schulze	NNP
32027	1006	3	-	-	HYPH
32027	1006	4	Delitzsch	Delitzsch	NNP
32027	1006	5	and	and	CC
32027	1006	6	Raiffeisen	Raiffeisen	NNP
32027	1006	7	societies	society	NNS
32027	1006	8	have	have	VBP
32027	1006	9	been	be	VBN
32027	1006	10	imitated	imitate	VBN
32027	1006	11	in	in	IN
32027	1006	12	Austria	Austria	NNP
32027	1006	13	,	,	,
32027	1006	14	Hungary	Hungary	NNP
32027	1006	15	,	,	,
32027	1006	16	Belgium	Belgium	NNP
32027	1006	17	,	,	,
32027	1006	18	Switzerland	Switzerland	NNP
32027	1006	19	,	,	,
32027	1006	20	and	and	CC
32027	1006	21	,	,	,
32027	1006	22	to	to	IN
32027	1006	23	some	some	DT
32027	1006	24	extent	extent	NN
32027	1006	25	,	,	,
32027	1006	26	in	in	IN
32027	1006	27	France	France	NNP
32027	1006	28	and	and	CC
32027	1006	29	India	India	NNP
32027	1006	30	.	.	.
32027	1007	1	The	the	DT
32027	1007	2	so	so	RB
32027	1007	3	-	-	HYPH
32027	1007	4	called	call	VBN
32027	1007	5	"	"	``
32027	1007	6	Banche	Banche	NNP
32027	1007	7	Populari	Populari	NNP
32027	1007	8	"	"	''
32027	1007	9	and	and	CC
32027	1007	10	"	"	``
32027	1007	11	Casse	Casse	NNP
32027	1007	12	Rurali	Rurali	NNP
32027	1007	13	"	"	''
32027	1007	14	of	of	IN
32027	1007	15	Italy	Italy	NNP
32027	1007	16	are	be	VBP
32027	1007	17	respectively	respectively	RB
32027	1007	18	modified	modify	VBN
32027	1007	19	forms	form	NNS
32027	1007	20	of	of	IN
32027	1007	21	these	these	DT
32027	1007	22	two	two	CD
32027	1007	23	German	german	JJ
32027	1007	24	types	type	NNS
32027	1007	25	,	,	,
32027	1007	26	and	and	CC
32027	1007	27	rank	rank	VB
32027	1007	28	among	among	IN
32027	1007	29	the	the	DT
32027	1007	30	most	most	RBS
32027	1007	31	important	important	JJ
32027	1007	32	means	mean	NNS
32027	1007	33	employed	employ	VBN
32027	1007	34	in	in	IN
32027	1007	35	that	that	DT
32027	1007	36	country	country	NN
32027	1007	37	for	for	IN
32027	1007	38	the	the	DT
32027	1007	39	improvement	improvement	NN
32027	1007	40	of	of	IN
32027	1007	41	the	the	DT
32027	1007	42	condition	condition	NN
32027	1007	43	of	of	IN
32027	1007	44	the	the	DT
32027	1007	45	peasants	peasant	NNS
32027	1007	46	and	and	CC
32027	1007	47	small	small	JJ
32027	1007	48	tradesmen	tradesman	NNS
32027	1007	49	.	.	.
32027	1008	1	State	state	NN
32027	1008	2	,	,	,
32027	1008	3	provincial	provincial	JJ
32027	1008	4	,	,	,
32027	1008	5	and	and	CC
32027	1008	6	communal	communal	JJ
32027	1008	7	aid	aid	NN
32027	1008	8	for	for	IN
32027	1008	9	these	these	DT
32027	1008	10	institutions	institution	NNS
32027	1008	11	has	have	VBZ
32027	1008	12	been	be	VBN
32027	1008	13	more	more	RBR
32027	1008	14	frequently	frequently	RB
32027	1008	15	evoked	evoked	JJ
32027	1008	16	and	and	CC
32027	1008	17	more	more	RBR
32027	1008	18	extensively	extensively	RB
32027	1008	19	employed	employ	VBN
32027	1008	20	outside	outside	RB
32027	1008	21	than	than	IN
32027	1008	22	inside	inside	IN
32027	1008	23	of	of	IN
32027	1008	24	Germany	Germany	NNP
32027	1008	25	,	,	,
32027	1008	26	and	and	CC
32027	1008	27	other	other	JJ
32027	1008	28	important	important	JJ
32027	1008	29	modifications	modification	NNS
32027	1008	30	of	of	IN
32027	1008	31	the	the	DT
32027	1008	32	German	german	JJ
32027	1008	33	prototypes	prototype	NNS
32027	1008	34	have	have	VBP
32027	1008	35	been	be	VBN
32027	1008	36	made	make	VBN
32027	1008	37	in	in	IN
32027	1008	38	Italy	Italy	NNP
32027	1008	39	and	and	CC
32027	1008	40	elsewhere	elsewhere	RB
32027	1008	41	.	.	.
32027	1009	1	_	_	NNP
32027	1009	2	5	5	CD
32027	1009	3	.	.	.
32027	1010	1	Stock	stock	NN
32027	1010	2	Exchanges	exchange	NNS
32027	1010	3	_	_	VBP
32027	1010	4	An	an	DT
32027	1010	5	essential	essential	JJ
32027	1010	6	part	part	NN
32027	1010	7	of	of	IN
32027	1010	8	the	the	DT
32027	1010	9	machinery	machinery	NN
32027	1010	10	of	of	IN
32027	1010	11	investment	investment	NN
32027	1010	12	banking	banking	NN
32027	1010	13	is	be	VBZ
32027	1010	14	the	the	DT
32027	1010	15	stock	stock	NN
32027	1010	16	exchange	exchange	NN
32027	1010	17	.	.	.
32027	1011	1	This	this	DT
32027	1011	2	is	be	VBZ
32027	1011	3	a	a	DT
32027	1011	4	place	place	NN
32027	1011	5	where	where	WRB
32027	1011	6	the	the	DT
32027	1011	7	buyers	buyer	NNS
32027	1011	8	and	and	CC
32027	1011	9	sellers	seller	NNS
32027	1011	10	of	of	IN
32027	1011	11	securities	security	NNS
32027	1011	12	or	or	CC
32027	1011	13	their	-PRON-	PRP$
32027	1011	14	agents	agent	NNS
32027	1011	15	regularly	regularly	RB
32027	1011	16	meet	meet	VBP
32027	1011	17	for	for	IN
32027	1011	18	the	the	DT
32027	1011	19	transaction	transaction	NN
32027	1011	20	of	of	IN
32027	1011	21	business	business	NN
32027	1011	22	.	.	.
32027	1012	1	It	-PRON-	PRP
32027	1012	2	may	may	MD
32027	1012	3	be	be	VB
32027	1012	4	a	a	DT
32027	1012	5	portion	portion	NN
32027	1012	6	of	of	IN
32027	1012	7	a	a	DT
32027	1012	8	street	street	NN
32027	1012	9	or	or	CC
32027	1012	10	a	a	DT
32027	1012	11	market	market	NN
32027	1012	12	place	place	NN
32027	1012	13	or	or	CC
32027	1012	14	a	a	DT
32027	1012	15	room	room	NN
32027	1012	16	in	in	IN
32027	1012	17	a	a	DT
32027	1012	18	building	building	NN
32027	1012	19	.	.	.
32027	1013	1	A	a	DT
32027	1013	2	fully	fully	RB
32027	1013	3	equipped	equip	VBN
32027	1013	4	modern	modern	JJ
32027	1013	5	exchange	exchange	NN
32027	1013	6	contains	contain	VBZ
32027	1013	7	a	a	DT
32027	1013	8	large	large	JJ
32027	1013	9	room	room	NN
32027	1013	10	equipped	equip	VBN
32027	1013	11	with	with	IN
32027	1013	12	telegraphic	telegraphic	JJ
32027	1013	13	and	and	CC
32027	1013	14	telephonic	telephonic	JJ
32027	1013	15	communication	communication	NN
32027	1013	16	with	with	IN
32027	1013	17	the	the	DT
32027	1013	18	most	most	RBS
32027	1013	19	important	important	JJ
32027	1013	20	parts	part	NNS
32027	1013	21	of	of	IN
32027	1013	22	the	the	DT
32027	1013	23	country	country	NN
32027	1013	24	in	in	IN
32027	1013	25	which	which	WDT
32027	1013	26	it	-PRON-	PRP
32027	1013	27	is	be	VBZ
32027	1013	28	located	locate	VBN
32027	1013	29	and	and	CC
32027	1013	30	of	of	IN
32027	1013	31	the	the	DT
32027	1013	32	world	world	NN
32027	1013	33	,	,	,
32027	1013	34	with	with	IN
32027	1013	35	apparatus	apparatus	NN
32027	1013	36	for	for	IN
32027	1013	37	registering	register	VBG
32027	1013	38	prices	price	NNS
32027	1013	39	and	and	CC
32027	1013	40	easily	easily	RB
32027	1013	41	communicating	communicate	VBG
32027	1013	42	information	information	NN
32027	1013	43	to	to	IN
32027	1013	44	its	-PRON-	PRP$
32027	1013	45	members	member	NNS
32027	1013	46	,	,	,
32027	1013	47	and	and	CC
32027	1013	48	with	with	IN
32027	1013	49	the	the	DT
32027	1013	50	offices	office	NNS
32027	1013	51	needed	need	VBN
32027	1013	52	for	for	IN
32027	1013	53	the	the	DT
32027	1013	54	accommodation	accommodation	NN
32027	1013	55	of	of	IN
32027	1013	56	the	the	DT
32027	1013	57	clerks	clerk	NNS
32027	1013	58	and	and	CC
32027	1013	59	other	other	JJ
32027	1013	60	employees	employee	NNS
32027	1013	61	required	require	VBN
32027	1013	62	.	.	.
32027	1014	1	Either	either	CC
32027	1014	2	by	by	IN
32027	1014	3	posts	post	NNS
32027	1014	4	or	or	CC
32027	1014	5	in	in	IN
32027	1014	6	some	some	DT
32027	1014	7	other	other	JJ
32027	1014	8	manner	manner	NN
32027	1014	9	the	the	DT
32027	1014	10	precise	precise	JJ
32027	1014	11	places	place	NNS
32027	1014	12	in	in	IN
32027	1014	13	it	-PRON-	PRP
32027	1014	14	in	in	IN
32027	1014	15	which	which	WDT
32027	1014	16	each	each	DT
32027	1014	17	security	security	NN
32027	1014	18	or	or	CC
32027	1014	19	group	group	NN
32027	1014	20	of	of	IN
32027	1014	21	securities	security	NNS
32027	1014	22	is	be	VBZ
32027	1014	23	to	to	TO
32027	1014	24	be	be	VB
32027	1014	25	dealt	deal	VBN
32027	1014	26	in	in	IN
32027	1014	27	is	be	VBZ
32027	1014	28	also	also	RB
32027	1014	29	usually	usually	RB
32027	1014	30	indicated	indicate	VBN
32027	1014	31	.	.	.
32027	1015	1	The	the	DT
32027	1015	2	purpose	purpose	NN
32027	1015	3	of	of	IN
32027	1015	4	the	the	DT
32027	1015	5	stock	stock	NN
32027	1015	6	exchange	exchange	NN
32027	1015	7	is	be	VBZ
32027	1015	8	to	to	TO
32027	1015	9	facilitate	facilitate	VB
32027	1015	10	and	and	CC
32027	1015	11	to	to	TO
32027	1015	12	regulate	regulate	VB
32027	1015	13	dealings	dealing	NNS
32027	1015	14	in	in	IN
32027	1015	15	securities	security	NNS
32027	1015	16	.	.	.
32027	1016	1	It	-PRON-	PRP
32027	1016	2	facilitates	facilitate	VBZ
32027	1016	3	such	such	JJ
32027	1016	4	dealings	dealing	NNS
32027	1016	5	by	by	IN
32027	1016	6	providing	provide	VBG
32027	1016	7	as	as	IN
32027	1016	8	nearly	nearly	RB
32027	1016	9	perfect	perfect	JJ
32027	1016	10	means	mean	NNS
32027	1016	11	as	as	IN
32027	1016	12	is	be	VBZ
32027	1016	13	possible	possible	JJ
32027	1016	14	for	for	IN
32027	1016	15	putting	put	VBG
32027	1016	16	buyers	buyer	NNS
32027	1016	17	and	and	CC
32027	1016	18	sellers	seller	NNS
32027	1016	19	into	into	IN
32027	1016	20	communication	communication	NN
32027	1016	21	with	with	IN
32027	1016	22	each	each	DT
32027	1016	23	other	other	JJ
32027	1016	24	,	,	,
32027	1016	25	and	and	CC
32027	1016	26	for	for	IN
32027	1016	27	collecting	collect	VBG
32027	1016	28	and	and	CC
32027	1016	29	making	make	VBG
32027	1016	30	available	available	JJ
32027	1016	31	to	to	IN
32027	1016	32	them	-PRON-	PRP
32027	1016	33	the	the	DT
32027	1016	34	information	information	NN
32027	1016	35	they	-PRON-	PRP
32027	1016	36	need	need	VBP
32027	1016	37	.	.	.
32027	1017	1	To	to	IN
32027	1017	2	this	this	DT
32027	1017	3	end	end	NN
32027	1017	4	they	-PRON-	PRP
32027	1017	5	provide	provide	VBP
32027	1017	6	for	for	IN
32027	1017	7	daily	daily	JJ
32027	1017	8	meetings	meeting	NNS
32027	1017	9	at	at	IN
32027	1017	10	fixed	fix	VBN
32027	1017	11	hours	hour	NNS
32027	1017	12	;	;	:
32027	1017	13	they	-PRON-	PRP
32027	1017	14	make	make	VBP
32027	1017	15	and	and	CC
32027	1017	16	publish	publish	VB
32027	1017	17	lists	list	NNS
32027	1017	18	of	of	IN
32027	1017	19	the	the	DT
32027	1017	20	securities	security	NNS
32027	1017	21	dealt	deal	VBD
32027	1017	22	in	in	RP
32027	1017	23	;	;	:
32027	1017	24	they	-PRON-	PRP
32027	1017	25	speedily	speedily	RB
32027	1017	26	record	record	VBP
32027	1017	27	and	and	CC
32027	1017	28	,	,	,
32027	1017	29	through	through	IN
32027	1017	30	the	the	DT
32027	1017	31	telegraph	telegraph	NN
32027	1017	32	and	and	CC
32027	1017	33	the	the	DT
32027	1017	34	telephone	telephone	NN
32027	1017	35	,	,	,
32027	1017	36	communicate	communicate	VB
32027	1017	37	to	to	IN
32027	1017	38	all	all	DT
32027	1017	39	quarters	quarter	NNS
32027	1017	40	of	of	IN
32027	1017	41	the	the	DT
32027	1017	42	globe	globe	NN
32027	1017	43	the	the	DT
32027	1017	44	prices	price	NNS
32027	1017	45	at	at	IN
32027	1017	46	which	which	WDT
32027	1017	47	securities	security	NNS
32027	1017	48	change	change	VBP
32027	1017	49	hands	hand	NNS
32027	1017	50	;	;	:
32027	1017	51	and	and	CC
32027	1017	52	through	through	IN
32027	1017	53	the	the	DT
32027	1017	54	meeting	meeting	NN
32027	1017	55	room	room	NN
32027	1017	56	equipped	equip	VBN
32027	1017	57	as	as	IN
32027	1017	58	before	before	RB
32027	1017	59	described	describe	VBN
32027	1017	60	they	-PRON-	PRP
32027	1017	61	make	make	VBP
32027	1017	62	it	-PRON-	PRP
32027	1017	63	possible	possible	JJ
32027	1017	64	for	for	IN
32027	1017	65	buyers	buyer	NNS
32027	1017	66	and	and	CC
32027	1017	67	sellers	seller	NNS
32027	1017	68	,	,	,
32027	1017	69	no	no	RB
32027	1017	70	matter	matter	RB
32027	1017	71	where	where	WRB
32027	1017	72	located	locate	VBN
32027	1017	73	,	,	,
32027	1017	74	to	to	TO
32027	1017	75	communicate	communicate	VB
32027	1017	76	with	with	IN
32027	1017	77	each	each	DT
32027	1017	78	other	other	JJ
32027	1017	79	in	in	IN
32027	1017	80	a	a	DT
32027	1017	81	very	very	RB
32027	1017	82	short	short	JJ
32027	1017	83	period	period	NN
32027	1017	84	to	to	IN
32027	1017	85	time	time	NN
32027	1017	86	.	.	.
32027	1018	1	They	-PRON-	PRP
32027	1018	2	regulate	regulate	VBP
32027	1018	3	such	such	JJ
32027	1018	4	dealings	dealing	NNS
32027	1018	5	by	by	IN
32027	1018	6	establishing	establish	VBG
32027	1018	7	and	and	CC
32027	1018	8	rigidly	rigidly	RB
32027	1018	9	enforcing	enforcing	JJ
32027	1018	10	rules	rule	NNS
32027	1018	11	and	and	CC
32027	1018	12	regulations	regulation	NNS
32027	1018	13	for	for	IN
32027	1018	14	listing	listing	NN
32027	1018	15	,	,	,
32027	1018	16	transferring	transferring	NN
32027	1018	17	,	,	,
32027	1018	18	clearing	clearing	NN
32027	1018	19	,	,	,
32027	1018	20	and	and	CC
32027	1018	21	paying	pay	VBG
32027	1018	22	for	for	IN
32027	1018	23	securities	security	NNS
32027	1018	24	and	and	CC
32027	1018	25	for	for	IN
32027	1018	26	other	other	JJ
32027	1018	27	matters	matter	NNS
32027	1018	28	pertaining	pertain	VBG
32027	1018	29	to	to	IN
32027	1018	30	the	the	DT
32027	1018	31	conduct	conduct	NN
32027	1018	32	of	of	IN
32027	1018	33	their	-PRON-	PRP$
32027	1018	34	members	member	NNS
32027	1018	35	.	.	.
32027	1019	1	These	these	DT
32027	1019	2	institutions	institution	NNS
32027	1019	3	serve	serve	VBP
32027	1019	4	investment	investment	NN
32027	1019	5	banks	bank	NNS
32027	1019	6	as	as	RB
32027	1019	7	well	well	RB
32027	1019	8	as	as	IN
32027	1019	9	private	private	JJ
32027	1019	10	investors	investor	NNS
32027	1019	11	,	,	,
32027	1019	12	constituting	constitute	VBG
32027	1019	13	the	the	DT
32027	1019	14	machinery	machinery	NN
32027	1019	15	which	which	WDT
32027	1019	16	connects	connect	VBZ
32027	1019	17	them	-PRON-	PRP
32027	1019	18	all	all	DT
32027	1019	19	.	.	.
32027	1020	1	They	-PRON-	PRP
32027	1020	2	thus	thus	RB
32027	1020	3	enlarge	enlarge	VBP
32027	1020	4	the	the	DT
32027	1020	5	area	area	NN
32027	1020	6	and	and	CC
32027	1020	7	scope	scope	NN
32027	1020	8	of	of	IN
32027	1020	9	the	the	DT
32027	1020	10	markets	market	NNS
32027	1020	11	for	for	IN
32027	1020	12	securities	security	NNS
32027	1020	13	,	,	,
32027	1020	14	and	and	CC
32027	1020	15	greatly	greatly	RB
32027	1020	16	increase	increase	VB
32027	1020	17	the	the	DT
32027	1020	18	mobility	mobility	NN
32027	1020	19	of	of	IN
32027	1020	20	capital	capital	NN
32027	1020	21	.	.	.
32027	1021	1	Without	without	IN
32027	1021	2	them	-PRON-	PRP
32027	1021	3	the	the	DT
32027	1021	4	surplus	surplus	JJ
32027	1021	5	savings	saving	NNS
32027	1021	6	of	of	IN
32027	1021	7	one	one	CD
32027	1021	8	locality	locality	NN
32027	1021	9	would	would	MD
32027	1021	10	only	only	RB
32027	1021	11	very	very	RB
32027	1021	12	slowly	slowly	RB
32027	1021	13	and	and	CC
32027	1021	14	with	with	IN
32027	1021	15	difficulty	difficulty	NN
32027	1021	16	find	find	VB
32027	1021	17	their	-PRON-	PRP$
32027	1021	18	way	way	NN
32027	1021	19	to	to	IN
32027	1021	20	other	other	JJ
32027	1021	21	localities	locality	NNS
32027	1021	22	where	where	WRB
32027	1021	23	they	-PRON-	PRP
32027	1021	24	are	be	VBP
32027	1021	25	needed	need	VBN
32027	1021	26	,	,	,
32027	1021	27	with	with	IN
32027	1021	28	the	the	DT
32027	1021	29	result	result	NN
32027	1021	30	that	that	IN
32027	1021	31	capital	capital	NN
32027	1021	32	would	would	MD
32027	1021	33	lie	lie	VB
32027	1021	34	idle	idle	JJ
32027	1021	35	or	or	CC
32027	1021	36	be	be	VB
32027	1021	37	very	very	RB
32027	1021	38	inefficiently	inefficiently	RB
32027	1021	39	employed	employ	VBN
32027	1021	40	in	in	IN
32027	1021	41	some	some	DT
32027	1021	42	places	place	NNS
32027	1021	43	while	while	IN
32027	1021	44	in	in	IN
32027	1021	45	others	other	NNS
32027	1021	46	natural	natural	JJ
32027	1021	47	and	and	CC
32027	1021	48	human	human	JJ
32027	1021	49	resources	resource	NNS
32027	1021	50	would	would	MD
32027	1021	51	be	be	VB
32027	1021	52	undeveloped	undeveloped	JJ
32027	1021	53	or	or	CC
32027	1021	54	very	very	RB
32027	1021	55	inefficiently	inefficiently	RB
32027	1021	56	developed	develop	VBN
32027	1021	57	.	.	.
32027	1022	1	Existing	exist	VBG
32027	1022	2	stock	stock	NN
32027	1022	3	exchanges	exchange	NNS
32027	1022	4	differ	differ	VBP
32027	1022	5	considerably	considerably	RB
32027	1022	6	in	in	IN
32027	1022	7	the	the	DT
32027	1022	8	manner	manner	NN
32027	1022	9	in	in	IN
32027	1022	10	which	which	WDT
32027	1022	11	they	-PRON-	PRP
32027	1022	12	are	be	VBP
32027	1022	13	organized	organize	VBN
32027	1022	14	and	and	CC
32027	1022	15	managed	manage	VBN
32027	1022	16	,	,	,
32027	1022	17	in	in	IN
32027	1022	18	methods	method	NNS
32027	1022	19	of	of	IN
32027	1022	20	doing	do	VBG
32027	1022	21	business	business	NN
32027	1022	22	,	,	,
32027	1022	23	and	and	CC
32027	1022	24	in	in	IN
32027	1022	25	the	the	DT
32027	1022	26	scope	scope	NN
32027	1022	27	of	of	IN
32027	1022	28	their	-PRON-	PRP$
32027	1022	29	operations	operation	NNS
32027	1022	30	.	.	.
32027	1023	1	Some	some	DT
32027	1023	2	of	of	IN
32027	1023	3	them	-PRON-	PRP
32027	1023	4	are	be	VBP
32027	1023	5	incorporated	incorporate	VBN
32027	1023	6	and	and	CC
32027	1023	7	others	other	NNS
32027	1023	8	unincorporated	unincorporated	JJ
32027	1023	9	;	;	:
32027	1023	10	some	some	DT
32027	1023	11	restrict	restrict	VBP
32027	1023	12	their	-PRON-	PRP$
32027	1023	13	membership	membership	NN
32027	1023	14	to	to	IN
32027	1023	15	a	a	DT
32027	1023	16	prescribed	prescribed	JJ
32027	1023	17	number	number	NN
32027	1023	18	,	,	,
32027	1023	19	others	other	NNS
32027	1023	20	admit	admit	VBP
32027	1023	21	as	as	RB
32027	1023	22	many	many	JJ
32027	1023	23	as	as	IN
32027	1023	24	are	be	VBP
32027	1023	25	able	able	JJ
32027	1023	26	and	and	CC
32027	1023	27	willing	willing	JJ
32027	1023	28	to	to	TO
32027	1023	29	comply	comply	VB
32027	1023	30	with	with	IN
32027	1023	31	the	the	DT
32027	1023	32	conditions	condition	NNS
32027	1023	33	imposed	impose	VBN
32027	1023	34	;	;	:
32027	1023	35	some	some	DT
32027	1023	36	are	be	VBP
32027	1023	37	local	local	JJ
32027	1023	38	in	in	IN
32027	1023	39	their	-PRON-	PRP$
32027	1023	40	scope	scope	NN
32027	1023	41	,	,	,
32027	1023	42	some	some	DT
32027	1023	43	national	national	JJ
32027	1023	44	,	,	,
32027	1023	45	and	and	CC
32027	1023	46	others	other	NNS
32027	1023	47	international	international	JJ
32027	1023	48	.	.	.
32027	1024	1	In	in	IN
32027	1024	2	this	this	DT
32027	1024	3	country	country	NN
32027	1024	4	all	all	PDT
32027	1024	5	the	the	DT
32027	1024	6	exchanges	exchange	NNS
32027	1024	7	deal	deal	VBP
32027	1024	8	in	in	IN
32027	1024	9	local	local	JJ
32027	1024	10	securities	security	NNS
32027	1024	11	chiefly	chiefly	RB
32027	1024	12	,	,	,
32027	1024	13	except	except	IN
32027	1024	14	the	the	DT
32027	1024	15	one	one	CD
32027	1024	16	in	in	IN
32027	1024	17	New	New	NNP
32027	1024	18	York	York	NNP
32027	1024	19	City	City	NNP
32027	1024	20	,	,	,
32027	1024	21	which	which	WDT
32027	1024	22	is	be	VBZ
32027	1024	23	national	national	JJ
32027	1024	24	in	in	IN
32027	1024	25	its	-PRON-	PRP$
32027	1024	26	scope	scope	NN
32027	1024	27	.	.	.
32027	1025	1	The	the	DT
32027	1025	2	London	London	NNP
32027	1025	3	exchange	exchange	NN
32027	1025	4	does	do	VBZ
32027	1025	5	a	a	DT
32027	1025	6	larger	large	JJR
32027	1025	7	business	business	NN
32027	1025	8	in	in	IN
32027	1025	9	international	international	JJ
32027	1025	10	securities	security	NNS
32027	1025	11	than	than	IN
32027	1025	12	any	any	DT
32027	1025	13	other	other	JJ
32027	1025	14	,	,	,
32027	1025	15	but	but	CC
32027	1025	16	the	the	DT
32027	1025	17	Paris	Paris	NNP
32027	1025	18	and	and	CC
32027	1025	19	Berlin	Berlin	NNP
32027	1025	20	exchanges	exchange	NNS
32027	1025	21	,	,	,
32027	1025	22	as	as	RB
32027	1025	23	well	well	RB
32027	1025	24	as	as	IN
32027	1025	25	those	those	DT
32027	1025	26	located	locate	VBN
32027	1025	27	at	at	IN
32027	1025	28	the	the	DT
32027	1025	29	other	other	JJ
32027	1025	30	important	important	JJ
32027	1025	31	European	european	JJ
32027	1025	32	capitals	capital	NNS
32027	1025	33	,	,	,
32027	1025	34	and	and	CC
32027	1025	35	the	the	DT
32027	1025	36	one	one	CD
32027	1025	37	at	at	IN
32027	1025	38	New	New	NNP
32027	1025	39	York	York	NNP
32027	1025	40	share	share	NN
32027	1025	41	in	in	IN
32027	1025	42	it	-PRON-	PRP
32027	1025	43	to	to	IN
32027	1025	44	a	a	DT
32027	1025	45	greater	great	JJR
32027	1025	46	or	or	CC
32027	1025	47	less	less	JJR
32027	1025	48	degree	degree	NN
32027	1025	49	.	.	.
32027	1026	1	Stock	stock	NN
32027	1026	2	exchanges	exchange	NNS
32027	1026	3	have	have	VBP
32027	1026	4	suffered	suffer	VBN
32027	1026	5	in	in	IN
32027	1026	6	reputation	reputation	NN
32027	1026	7	,	,	,
32027	1026	8	and	and	CC
32027	1026	9	their	-PRON-	PRP$
32027	1026	10	real	real	JJ
32027	1026	11	functions	function	NNS
32027	1026	12	and	and	CC
32027	1026	13	merits	merit	NNS
32027	1026	14	have	have	VBP
32027	1026	15	been	be	VBN
32027	1026	16	obscured	obscure	VBN
32027	1026	17	by	by	IN
32027	1026	18	the	the	DT
32027	1026	19	abuses	abuse	NNS
32027	1026	20	to	to	TO
32027	1026	21	which	which	WDT
32027	1026	22	they	-PRON-	PRP
32027	1026	23	have	have	VBP
32027	1026	24	been	be	VBN
32027	1026	25	subjected	subject	VBN
32027	1026	26	.	.	.
32027	1027	1	Connected	connect	VBN
32027	1027	2	with	with	IN
32027	1027	3	their	-PRON-	PRP$
32027	1027	4	legitimate	legitimate	JJ
32027	1027	5	business	business	NN
32027	1027	6	of	of	IN
32027	1027	7	facilitating	facilitate	VBG
32027	1027	8	the	the	DT
32027	1027	9	investment	investment	NN
32027	1027	10	of	of	IN
32027	1027	11	capital	capital	NN
32027	1027	12	,	,	,
32027	1027	13	various	various	JJ
32027	1027	14	forms	form	NNS
32027	1027	15	of	of	IN
32027	1027	16	speculation	speculation	NN
32027	1027	17	have	have	VBP
32027	1027	18	developed	develop	VBN
32027	1027	19	which	which	WDT
32027	1027	20	in	in	IN
32027	1027	21	some	some	DT
32027	1027	22	cases	case	NNS
32027	1027	23	have	have	VBP
32027	1027	24	degenerated	degenerate	VBN
32027	1027	25	into	into	IN
32027	1027	26	gambling	gamble	VBG
32027	1027	27	pure	pure	JJ
32027	1027	28	and	and	CC
32027	1027	29	simple	simple	JJ
32027	1027	30	.	.	.
32027	1028	1	The	the	DT
32027	1028	2	better	well	RBR
32027	1028	3	managed	manage	VBN
32027	1028	4	ones	one	NNS
32027	1028	5	have	have	VBP
32027	1028	6	striven	strive	VBN
32027	1028	7	to	to	TO
32027	1028	8	rid	rid	VB
32027	1028	9	themselves	-PRON-	PRP
32027	1028	10	of	of	IN
32027	1028	11	these	these	DT
32027	1028	12	abuses	abuse	NNS
32027	1028	13	,	,	,
32027	1028	14	and	and	CC
32027	1028	15	in	in	IN
32027	1028	16	some	some	DT
32027	1028	17	countries	country	NNS
32027	1028	18	,	,	,
32027	1028	19	notably	notably	RB
32027	1028	20	in	in	IN
32027	1028	21	Germany	Germany	NNP
32027	1028	22	,	,	,
32027	1028	23	legislative	legislative	JJ
32027	1028	24	bodies	body	NNS
32027	1028	25	have	have	VBP
32027	1028	26	taken	take	VBN
32027	1028	27	a	a	DT
32027	1028	28	hand	hand	NN
32027	1028	29	.	.	.
32027	1029	1	The	the	DT
32027	1029	2	results	result	NNS
32027	1029	3	,	,	,
32027	1029	4	however	however	RB
32027	1029	5	,	,	,
32027	1029	6	have	have	VBP
32027	1029	7	proved	prove	VBN
32027	1029	8	only	only	RB
32027	1029	9	partially	partially	RB
32027	1029	10	successful	successful	JJ
32027	1029	11	.	.	.
32027	1030	1	Some	some	DT
32027	1030	2	forms	form	NNS
32027	1030	3	of	of	IN
32027	1030	4	speculation	speculation	NN
32027	1030	5	are	be	VBP
32027	1030	6	not	not	RB
32027	1030	7	only	only	RB
32027	1030	8	legitimate	legitimate	JJ
32027	1030	9	but	but	CC
32027	1030	10	necessary	necessary	JJ
32027	1030	11	in	in	IN
32027	1030	12	modern	modern	JJ
32027	1030	13	business	business	NN
32027	1030	14	life	life	NN
32027	1030	15	,	,	,
32027	1030	16	and	and	CC
32027	1030	17	these	these	DT
32027	1030	18	shade	shade	NN
32027	1030	19	into	into	IN
32027	1030	20	the	the	DT
32027	1030	21	illegitimate	illegitimate	JJ
32027	1030	22	,	,	,
32027	1030	23	unnecessary	unnecessary	JJ
32027	1030	24	,	,	,
32027	1030	25	and	and	CC
32027	1030	26	positively	positively	RB
32027	1030	27	harmful	harmful	JJ
32027	1030	28	forms	form	NNS
32027	1030	29	by	by	IN
32027	1030	30	such	such	JJ
32027	1030	31	short	short	JJ
32027	1030	32	and	and	CC
32027	1030	33	easy	easy	JJ
32027	1030	34	steps	step	NNS
32027	1030	35	as	as	IN
32027	1030	36	to	to	TO
32027	1030	37	render	render	VB
32027	1030	38	it	-PRON-	PRP
32027	1030	39	difficult	difficult	JJ
32027	1030	40	,	,	,
32027	1030	41	and	and	CC
32027	1030	42	perhaps	perhaps	RB
32027	1030	43	impossible	impossible	JJ
32027	1030	44	,	,	,
32027	1030	45	to	to	TO
32027	1030	46	draw	draw	VB
32027	1030	47	a	a	DT
32027	1030	48	line	line	NN
32027	1030	49	between	between	IN
32027	1030	50	the	the	DT
32027	1030	51	two	two	CD
32027	1030	52	which	which	WDT
32027	1030	53	can	can	MD
32027	1030	54	serve	serve	VB
32027	1030	55	as	as	IN
32027	1030	56	a	a	DT
32027	1030	57	guide	guide	NN
32027	1030	58	for	for	IN
32027	1030	59	regulations	regulation	NNS
32027	1030	60	of	of	IN
32027	1030	61	an	an	DT
32027	1030	62	administrative	administrative	JJ
32027	1030	63	or	or	CC
32027	1030	64	legislative	legislative	JJ
32027	1030	65	kind	kind	NN
32027	1030	66	.	.	.
32027	1031	1	_	_	NNP
32027	1031	2	6	6	CD
32027	1031	3	.	.	.
32027	1032	1	Some	some	DT
32027	1032	2	Defects	defect	NNS
32027	1032	3	in	in	IN
32027	1032	4	Our	-PRON-	PRP$
32027	1032	5	Investment	Investment	NNP
32027	1032	6	Banking	Banking	NNP
32027	1032	7	Machinery	Machinery	NNP
32027	1032	8	_	_	NNP
32027	1032	9	A	a	DT
32027	1032	10	comparison	comparison	NN
32027	1032	11	of	of	IN
32027	1032	12	our	-PRON-	PRP$
32027	1032	13	investment	investment	NN
32027	1032	14	banking	banking	NN
32027	1032	15	machinery	machinery	NN
32027	1032	16	with	with	IN
32027	1032	17	that	that	DT
32027	1032	18	of	of	IN
32027	1032	19	European	european	JJ
32027	1032	20	countries	country	NNS
32027	1032	21	,	,	,
32027	1032	22	especially	especially	RB
32027	1032	23	Germany	Germany	NNP
32027	1032	24	,	,	,
32027	1032	25	reveals	reveal	VBZ
32027	1032	26	important	important	JJ
32027	1032	27	differences	difference	NNS
32027	1032	28	.	.	.
32027	1033	1	Among	among	IN
32027	1033	2	these	these	DT
32027	1033	3	the	the	DT
32027	1033	4	most	most	RBS
32027	1033	5	notable	notable	JJ
32027	1033	6	are	be	VBP
32027	1033	7	the	the	DT
32027	1033	8	wide	wide	JJ
32027	1033	9	use	use	NN
32027	1033	10	there	there	RB
32027	1033	11	and	and	CC
32027	1033	12	the	the	DT
32027	1033	13	almost	almost	RB
32027	1033	14	complete	complete	JJ
32027	1033	15	absence	absence	NN
32027	1033	16	here	here	RB
32027	1033	17	of	of	IN
32027	1033	18	the	the	DT
32027	1033	19	following	following	NN
32027	1033	20	:	:	:
32027	1033	21	(	(	-LRB-
32027	1033	22	a	a	LS
32027	1033	23	)	)	-RRB-
32027	1033	24	the	the	DT
32027	1033	25	resort	resort	NN
32027	1033	26	to	to	IN
32027	1033	27	cooperation	cooperation	NN
32027	1033	28	as	as	IN
32027	1033	29	a	a	DT
32027	1033	30	means	means	NN
32027	1033	31	of	of	IN
32027	1033	32	revealing	revealing	NN
32027	1033	33	and	and	CC
32027	1033	34	making	make	VBG
32027	1033	35	available	available	JJ
32027	1033	36	the	the	DT
32027	1033	37	basis	basis	NN
32027	1033	38	for	for	IN
32027	1033	39	credit	credit	NN
32027	1033	40	of	of	IN
32027	1033	41	large	large	JJ
32027	1033	42	numbers	number	NNS
32027	1033	43	of	of	IN
32027	1033	44	people	people	NNS
32027	1033	45	who	who	WP
32027	1033	46	lack	lack	VBP
32027	1033	47	capital	capital	NN
32027	1033	48	but	but	CC
32027	1033	49	could	could	MD
32027	1033	50	use	use	VB
32027	1033	51	it	-PRON-	PRP
32027	1033	52	to	to	IN
32027	1033	53	the	the	DT
32027	1033	54	advantage	advantage	NN
32027	1033	55	of	of	IN
32027	1033	56	themselves	-PRON-	PRP
32027	1033	57	and	and	CC
32027	1033	58	of	of	IN
32027	1033	59	the	the	DT
32027	1033	60	nation	nation	NN
32027	1033	61	;	;	,
32027	1033	62	(	(	-LRB-
32027	1033	63	b	b	LS
32027	1033	64	)	)	-RRB-
32027	1033	65	the	the	DT
32027	1033	66	long	long	JJ
32027	1033	67	-	-	HYPH
32027	1033	68	period	period	NN
32027	1033	69	mortgage	mortgage	NN
32027	1033	70	loan	loan	NN
32027	1033	71	repayable	repayable	JJ
32027	1033	72	on	on	IN
32027	1033	73	the	the	DT
32027	1033	74	annuity	annuity	NN
32027	1033	75	plan	plan	NN
32027	1033	76	and	and	CC
32027	1033	77	the	the	DT
32027	1033	78	mortgage	mortgage	NN
32027	1033	79	bond	bond	NN
32027	1033	80	as	as	IN
32027	1033	81	a	a	DT
32027	1033	82	means	means	NN
32027	1033	83	of	of	IN
32027	1033	84	accumulating	accumulate	VBG
32027	1033	85	capital	capital	NN
32027	1033	86	for	for	IN
32027	1033	87	such	such	JJ
32027	1033	88	loans	loan	NNS
32027	1033	89	;	;	:
32027	1033	90	and	and	CC
32027	1033	91	(	(	-LRB-
32027	1033	92	c	c	NN
32027	1033	93	)	)	-RRB-
32027	1033	94	the	the	DT
32027	1033	95	cooperation	cooperation	NN
32027	1033	96	of	of	IN
32027	1033	97	the	the	DT
32027	1033	98	state	state	NN
32027	1033	99	and	and	CC
32027	1033	100	other	other	JJ
32027	1033	101	public	public	JJ
32027	1033	102	bodies	body	NNS
32027	1033	103	and	and	CC
32027	1033	104	of	of	IN
32027	1033	105	capitalists	capitalist	NNS
32027	1033	106	and	and	CC
32027	1033	107	philanthropically	philanthropically	RB
32027	1033	108	disposed	dispose	VBN
32027	1033	109	persons	person	NNS
32027	1033	110	in	in	IN
32027	1033	111	developing	develop	VBG
32027	1033	112	the	the	DT
32027	1033	113	credit	credit	NN
32027	1033	114	possibilities	possibility	NNS
32027	1033	115	of	of	IN
32027	1033	116	the	the	DT
32027	1033	117	masses	masse	NNS
32027	1033	118	and	and	CC
32027	1033	119	in	in	IN
32027	1033	120	directing	direct	VBG
32027	1033	121	the	the	DT
32027	1033	122	flow	flow	NN
32027	1033	123	of	of	IN
32027	1033	124	proper	proper	JJ
32027	1033	125	portions	portion	NNS
32027	1033	126	of	of	IN
32027	1033	127	the	the	DT
32027	1033	128	stream	stream	NN
32027	1033	129	of	of	IN
32027	1033	130	capital	capital	NN
32027	1033	131	in	in	IN
32027	1033	132	their	-PRON-	PRP$
32027	1033	133	direction	direction	NN
32027	1033	134	.	.	.
32027	1034	1	In	in	IN
32027	1034	2	the	the	DT
32027	1034	3	development	development	NN
32027	1034	4	of	of	IN
32027	1034	5	investment	investment	NN
32027	1034	6	banking	banking	NN
32027	1034	7	institutions	institution	NNS
32027	1034	8	in	in	IN
32027	1034	9	this	this	DT
32027	1034	10	country	country	NN
32027	1034	11	,	,	,
32027	1034	12	individual	individual	JJ
32027	1034	13	initiative	initiative	NN
32027	1034	14	prompted	prompt	VBN
32027	1034	15	by	by	IN
32027	1034	16	self	self	NN
32027	1034	17	-	-	HYPH
32027	1034	18	interest	interest	NN
32027	1034	19	has	have	VBZ
32027	1034	20	been	be	VBN
32027	1034	21	the	the	DT
32027	1034	22	chief	chief	NN
32027	1034	23	,	,	,
32027	1034	24	and	and	CC
32027	1034	25	except	except	IN
32027	1034	26	in	in	IN
32027	1034	27	the	the	DT
32027	1034	28	case	case	NN
32027	1034	29	of	of	IN
32027	1034	30	savings	saving	NNS
32027	1034	31	banks	bank	NNS
32027	1034	32	,	,	,
32027	1034	33	the	the	DT
32027	1034	34	sole	sole	JJ
32027	1034	35	motive	motive	JJ
32027	1034	36	force	force	NN
32027	1034	37	.	.	.
32027	1035	1	The	the	DT
32027	1035	2	result	result	NN
32027	1035	3	is	be	VBZ
32027	1035	4	that	that	IN
32027	1035	5	most	most	JJS
32027	1035	6	of	of	IN
32027	1035	7	them	-PRON-	PRP
32027	1035	8	have	have	VBP
32027	1035	9	been	be	VBN
32027	1035	10	organized	organize	VBN
32027	1035	11	in	in	IN
32027	1035	12	the	the	DT
32027	1035	13	interests	interest	NNS
32027	1035	14	of	of	IN
32027	1035	15	lenders	lender	NNS
32027	1035	16	rather	rather	RB
32027	1035	17	than	than	IN
32027	1035	18	borrowers	borrower	NNS
32027	1035	19	and	and	CC
32027	1035	20	serve	serve	VB
32027	1035	21	best	good	JJS
32027	1035	22	the	the	DT
32027	1035	23	purposes	purpose	NNS
32027	1035	24	of	of	IN
32027	1035	25	big	big	JJ
32027	1035	26	business	business	NN
32027	1035	27	and	and	CC
32027	1035	28	of	of	IN
32027	1035	29	persons	person	NNS
32027	1035	30	already	already	RB
32027	1035	31	possessed	possess	VBN
32027	1035	32	of	of	IN
32027	1035	33	large	large	JJ
32027	1035	34	credit	credit	NN
32027	1035	35	by	by	IN
32027	1035	36	virtue	virtue	NN
32027	1035	37	of	of	IN
32027	1035	38	their	-PRON-	PRP$
32027	1035	39	wealth	wealth	NN
32027	1035	40	or	or	CC
32027	1035	41	their	-PRON-	PRP$
32027	1035	42	business	business	NN
32027	1035	43	reputations	reputation	NNS
32027	1035	44	.	.	.
32027	1036	1	Under	under	IN
32027	1036	2	these	these	DT
32027	1036	3	conditions	condition	NNS
32027	1036	4	,	,	,
32027	1036	5	while	while	IN
32027	1036	6	enormous	enormous	JJ
32027	1036	7	amounts	amount	NNS
32027	1036	8	of	of	IN
32027	1036	9	capital	capital	NN
32027	1036	10	in	in	IN
32027	1036	11	the	the	DT
32027	1036	12	aggregate	aggregate	NN
32027	1036	13	have	have	VBP
32027	1036	14	been	be	VBN
32027	1036	15	invested	invest	VBN
32027	1036	16	in	in	IN
32027	1036	17	agriculture	agriculture	NN
32027	1036	18	and	and	CC
32027	1036	19	urban	urban	JJ
32027	1036	20	real	real	JJ
32027	1036	21	estate	estate	NN
32027	1036	22	,	,	,
32027	1036	23	the	the	DT
32027	1036	24	former	former	JJ
32027	1036	25	has	have	VBZ
32027	1036	26	suffered	suffer	VBN
32027	1036	27	relatively	relatively	RB
32027	1036	28	in	in	IN
32027	1036	29	comparison	comparison	NN
32027	1036	30	with	with	IN
32027	1036	31	transportation	transportation	NN
32027	1036	32	,	,	,
32027	1036	33	manufacturing	manufacturing	NN
32027	1036	34	,	,	,
32027	1036	35	and	and	CC
32027	1036	36	speculation	speculation	NN
32027	1036	37	.	.	.
32027	1037	1	Contributory	contributory	JJ
32027	1037	2	causes	cause	NNS
32027	1037	3	in	in	IN
32027	1037	4	the	the	DT
32027	1037	5	development	development	NN
32027	1037	6	of	of	IN
32027	1037	7	this	this	DT
32027	1037	8	situation	situation	NN
32027	1037	9	have	have	VBP
32027	1037	10	been	be	VBN
32027	1037	11	the	the	DT
32027	1037	12	great	great	JJ
32027	1037	13	need	need	NN
32027	1037	14	for	for	IN
32027	1037	15	capital	capital	NN
32027	1037	16	for	for	IN
32027	1037	17	the	the	DT
32027	1037	18	development	development	NN
32027	1037	19	of	of	IN
32027	1037	20	our	-PRON-	PRP$
32027	1037	21	transportation	transportation	NN
32027	1037	22	system	system	NN
32027	1037	23	,	,	,
32027	1037	24	the	the	DT
32027	1037	25	stimulation	stimulation	NN
32027	1037	26	of	of	IN
32027	1037	27	manufactures	manufacture	NNS
32027	1037	28	by	by	IN
32027	1037	29	high	high	JJ
32027	1037	30	protective	protective	JJ
32027	1037	31	duties	duty	NNS
32027	1037	32	,	,	,
32027	1037	33	and	and	CC
32027	1037	34	the	the	DT
32027	1037	35	enormous	enormous	JJ
32027	1037	36	area	area	NN
32027	1037	37	of	of	IN
32027	1037	38	our	-PRON-	PRP$
32027	1037	39	public	public	JJ
32027	1037	40	domain	domain	NN
32027	1037	41	which	which	WDT
32027	1037	42	was	be	VBD
32027	1037	43	given	give	VBN
32027	1037	44	or	or	CC
32027	1037	45	sold	sell	VBN
32027	1037	46	to	to	IN
32027	1037	47	settlers	settler	NNS
32027	1037	48	on	on	IN
32027	1037	49	very	very	RB
32027	1037	50	easy	easy	JJ
32027	1037	51	terms	term	NNS
32027	1037	52	.	.	.
32027	1038	1	Inasmuch	inasmuch	IN
32027	1038	2	as	as	IN
32027	1038	3	our	-PRON-	PRP$
32027	1038	4	transportation	transportation	NN
32027	1038	5	system	system	NN
32027	1038	6	and	and	CC
32027	1038	7	our	-PRON-	PRP$
32027	1038	8	manufacturing	manufacturing	NN
32027	1038	9	industries	industry	NNS
32027	1038	10	have	have	VBP
32027	1038	11	now	now	RB
32027	1038	12	attained	attain	VBN
32027	1038	13	a	a	DT
32027	1038	14	high	high	JJ
32027	1038	15	degree	degree	NN
32027	1038	16	of	of	IN
32027	1038	17	development	development	NN
32027	1038	18	,	,	,
32027	1038	19	our	-PRON-	PRP$
32027	1038	20	public	public	JJ
32027	1038	21	domain	domain	NN
32027	1038	22	has	have	VBZ
32027	1038	23	been	be	VBN
32027	1038	24	nearly	nearly	RB
32027	1038	25	exhausted	exhaust	VBN
32027	1038	26	,	,	,
32027	1038	27	and	and	CC
32027	1038	28	land	land	NN
32027	1038	29	values	value	NNS
32027	1038	30	and	and	CC
32027	1038	31	the	the	DT
32027	1038	32	cost	cost	NN
32027	1038	33	of	of	IN
32027	1038	34	living	living	NN
32027	1038	35	are	be	VBP
32027	1038	36	rapidly	rapidly	RB
32027	1038	37	rising	rise	VBG
32027	1038	38	,	,	,
32027	1038	39	the	the	DT
32027	1038	40	needs	need	NNS
32027	1038	41	of	of	IN
32027	1038	42	agriculture	agriculture	NN
32027	1038	43	are	be	VBP
32027	1038	44	pushing	push	VBG
32027	1038	45	themselves	-PRON-	PRP
32027	1038	46	into	into	IN
32027	1038	47	the	the	DT
32027	1038	48	foreground	foreground	NN
32027	1038	49	,	,	,
32027	1038	50	and	and	CC
32027	1038	51	we	-PRON-	PRP
32027	1038	52	are	be	VBP
32027	1038	53	beginning	begin	VBG
32027	1038	54	to	to	TO
32027	1038	55	look	look	VB
32027	1038	56	to	to	IN
32027	1038	57	European	european	JJ
32027	1038	58	experience	experience	NN
32027	1038	59	for	for	IN
32027	1038	60	suggestions	suggestion	NNS
32027	1038	61	regarding	regard	VBG
32027	1038	62	the	the	DT
32027	1038	63	best	good	JJS
32027	1038	64	methods	method	NNS
32027	1038	65	of	of	IN
32027	1038	66	diverting	divert	VBG
32027	1038	67	to	to	IN
32027	1038	68	that	that	DT
32027	1038	69	industry	industry	NN
32027	1038	70	a	a	DT
32027	1038	71	larger	large	JJR
32027	1038	72	part	part	NN
32027	1038	73	of	of	IN
32027	1038	74	our	-PRON-	PRP$
32027	1038	75	rapidly	rapidly	RB
32027	1038	76	accumulating	accumulate	VBG
32027	1038	77	capital	capital	NN
32027	1038	78	resources	resource	NNS
32027	1038	79	.	.	.
32027	1039	1	There	there	EX
32027	1039	2	are	be	VBP
32027	1039	3	obvious	obvious	JJ
32027	1039	4	difficulties	difficulty	NNS
32027	1039	5	in	in	IN
32027	1039	6	the	the	DT
32027	1039	7	way	way	NN
32027	1039	8	of	of	IN
32027	1039	9	the	the	DT
32027	1039	10	application	application	NN
32027	1039	11	of	of	IN
32027	1039	12	cooperation	cooperation	NN
32027	1039	13	to	to	IN
32027	1039	14	the	the	DT
32027	1039	15	solution	solution	NN
32027	1039	16	of	of	IN
32027	1039	17	the	the	DT
32027	1039	18	problem	problem	NN
32027	1039	19	of	of	IN
32027	1039	20	agricultural	agricultural	JJ
32027	1039	21	credit	credit	NN
32027	1039	22	in	in	IN
32027	1039	23	this	this	DT
32027	1039	24	country	country	NN
32027	1039	25	.	.	.
32027	1040	1	In	in	IN
32027	1040	2	spite	spite	NN
32027	1040	3	of	of	IN
32027	1040	4	the	the	DT
32027	1040	5	fact	fact	NN
32027	1040	6	that	that	IN
32027	1040	7	immigration	immigration	NN
32027	1040	8	is	be	VBZ
32027	1040	9	constantly	constantly	RB
32027	1040	10	bringing	bring	VBG
32027	1040	11	to	to	IN
32027	1040	12	us	-PRON-	PRP
32027	1040	13	people	people	NNS
32027	1040	14	from	from	IN
32027	1040	15	the	the	DT
32027	1040	16	very	very	RB
32027	1040	17	foreign	foreign	JJ
32027	1040	18	countries	country	NNS
32027	1040	19	in	in	IN
32027	1040	20	which	which	WDT
32027	1040	21	cooperative	cooperative	JJ
32027	1040	22	credit	credit	NN
32027	1040	23	associations	association	NNS
32027	1040	24	flourish	flourish	VBP
32027	1040	25	,	,	,
32027	1040	26	our	-PRON-	PRP$
32027	1040	27	agricultural	agricultural	JJ
32027	1040	28	population	population	NN
32027	1040	29	is	be	VBZ
32027	1040	30	still	still	RB
32027	1040	31	dominated	dominate	VBN
32027	1040	32	by	by	IN
32027	1040	33	the	the	DT
32027	1040	34	spirit	spirit	NN
32027	1040	35	of	of	IN
32027	1040	36	individualism	individualism	NN
32027	1040	37	which	which	WDT
32027	1040	38	has	have	VBZ
32027	1040	39	been	be	VBN
32027	1040	40	and	and	CC
32027	1040	41	is	be	VBZ
32027	1040	42	one	one	CD
32027	1040	43	of	of	IN
32027	1040	44	our	-PRON-	PRP$
32027	1040	45	dominant	dominant	JJ
32027	1040	46	national	national	JJ
32027	1040	47	traits	trait	NNS
32027	1040	48	.	.	.
32027	1041	1	Our	-PRON-	PRP$
32027	1041	2	farmers	farmer	NNS
32027	1041	3	are	be	VBP
32027	1041	4	also	also	RB
32027	1041	5	more	more	RBR
32027	1041	6	widely	widely	RB
32027	1041	7	scattered	scatter	VBN
32027	1041	8	than	than	IN
32027	1041	9	is	be	VBZ
32027	1041	10	the	the	DT
32027	1041	11	case	case	NN
32027	1041	12	in	in	IN
32027	1041	13	Europe	Europe	NNP
32027	1041	14	,	,	,
32027	1041	15	and	and	CC
32027	1041	16	consequently	consequently	RB
32027	1041	17	less	less	RBR
32027	1041	18	closely	closely	RB
32027	1041	19	knit	knit	VBN
32027	1041	20	together	together	RB
32027	1041	21	in	in	IN
32027	1041	22	social	social	JJ
32027	1041	23	units	unit	NNS
32027	1041	24	.	.	.
32027	1042	1	Their	-PRON-	PRP$
32027	1042	2	holdings	holding	NNS
32027	1042	3	are	be	VBP
32027	1042	4	also	also	RB
32027	1042	5	larger	large	JJR
32027	1042	6	,	,	,
32027	1042	7	their	-PRON-	PRP$
32027	1042	8	capital	capital	NN
32027	1042	9	needs	need	VBZ
32027	1042	10	greater	great	JJR
32027	1042	11	,	,	,
32027	1042	12	and	and	CC
32027	1042	13	their	-PRON-	PRP$
32027	1042	14	business	business	NN
32027	1042	15	instincts	instinct	VBZ
32027	1042	16	more	more	RBR
32027	1042	17	highly	highly	RB
32027	1042	18	developed	developed	JJ
32027	1042	19	.	.	.
32027	1043	1	There	there	EX
32027	1043	2	seems	seem	VBZ
32027	1043	3	to	to	TO
32027	1043	4	be	be	VB
32027	1043	5	no	no	DT
32027	1043	6	good	good	JJ
32027	1043	7	reason	reason	NN
32027	1043	8	,	,	,
32027	1043	9	however	however	RB
32027	1043	10	,	,	,
32027	1043	11	why	why	WRB
32027	1043	12	the	the	DT
32027	1043	13	joint	joint	JJ
32027	1043	14	-	-	HYPH
32027	1043	15	stock	stock	NN
32027	1043	16	mortgage	mortgage	NN
32027	1043	17	bank	bank	NN
32027	1043	18	should	should	MD
32027	1043	19	not	not	RB
32027	1043	20	flourish	flourish	VB
32027	1043	21	here	here	RB
32027	1043	22	as	as	RB
32027	1043	23	well	well	RB
32027	1043	24	as	as	IN
32027	1043	25	in	in	IN
32027	1043	26	Europe	Europe	NNP
32027	1043	27	.	.	.
32027	1044	1	It	-PRON-	PRP
32027	1044	2	is	be	VBZ
32027	1044	3	a	a	DT
32027	1044	4	purely	purely	RB
32027	1044	5	private	private	JJ
32027	1044	6	business	business	NN
32027	1044	7	enterprise	enterprise	NN
32027	1044	8	of	of	IN
32027	1044	9	the	the	DT
32027	1044	10	kind	kind	NN
32027	1044	11	with	with	IN
32027	1044	12	which	which	WDT
32027	1044	13	we	-PRON-	PRP
32027	1044	14	are	be	VBP
32027	1044	15	perfectly	perfectly	RB
32027	1044	16	familiar	familiar	JJ
32027	1044	17	.	.	.
32027	1045	1	The	the	DT
32027	1045	2	mortgage	mortgage	NN
32027	1045	3	bond	bond	NN
32027	1045	4	ought	ought	MD
32027	1045	5	to	to	TO
32027	1045	6	appeal	appeal	VB
32027	1045	7	to	to	IN
32027	1045	8	our	-PRON-	PRP$
32027	1045	9	investors	investor	NNS
32027	1045	10	,	,	,
32027	1045	11	many	many	DT
32027	1045	12	of	of	IN
32027	1045	13	whom	whom	WP
32027	1045	14	have	have	VBP
32027	1045	15	exhibited	exhibit	VBN
32027	1045	16	a	a	DT
32027	1045	17	strong	strong	JJ
32027	1045	18	predilection	predilection	NN
32027	1045	19	for	for	IN
32027	1045	20	mortgage	mortgage	NN
32027	1045	21	security	security	NN
32027	1045	22	and	and	CC
32027	1045	23	real	real	JJ
32027	1045	24	estate	estate	NN
32027	1045	25	investments	investment	NNS
32027	1045	26	,	,	,
32027	1045	27	and	and	CC
32027	1045	28	long	long	JJ
32027	1045	29	-	-	HYPH
32027	1045	30	period	period	NN
32027	1045	31	mortgage	mortgage	NN
32027	1045	32	loans	loan	NNS
32027	1045	33	,	,	,
32027	1045	34	repayable	repayable	JJ
32027	1045	35	on	on	IN
32027	1045	36	the	the	DT
32027	1045	37	annuity	annuity	NN
32027	1045	38	plan	plan	NN
32027	1045	39	,	,	,
32027	1045	40	would	would	MD
32027	1045	41	meet	meet	VB
32027	1045	42	the	the	DT
32027	1045	43	needs	need	NNS
32027	1045	44	of	of	IN
32027	1045	45	many	many	JJ
32027	1045	46	land	land	NN
32027	1045	47	purchasers	purchaser	NNS
32027	1045	48	and	and	CC
32027	1045	49	of	of	IN
32027	1045	50	people	people	NNS
32027	1045	51	who	who	WP
32027	1045	52	need	need	VBP
32027	1045	53	to	to	TO
32027	1045	54	invest	invest	VB
32027	1045	55	considerable	considerable	JJ
32027	1045	56	sums	sum	NNS
32027	1045	57	in	in	IN
32027	1045	58	drainage	drainage	NN
32027	1045	59	,	,	,
32027	1045	60	irrigation	irrigation	NN
32027	1045	61	works	work	NNS
32027	1045	62	,	,	,
32027	1045	63	etc	etc	FW
32027	1045	64	.	.	FW
32027	1045	65	,	,	,
32027	1045	66	better	well	JJR
32027	1045	67	than	than	IN
32027	1045	68	our	-PRON-	PRP$
32027	1045	69	present	present	JJ
32027	1045	70	methods	method	NNS
32027	1045	71	.	.	.
32027	1046	1	In	in	IN
32027	1046	2	most	most	RBS
32027	1046	3	,	,	,
32027	1046	4	if	if	IN
32027	1046	5	not	not	RB
32027	1046	6	all	all	DT
32027	1046	7	,	,	,
32027	1046	8	of	of	IN
32027	1046	9	our	-PRON-	PRP$
32027	1046	10	states	state	NNS
32027	1046	11	,	,	,
32027	1046	12	trust	trust	NN
32027	1046	13	companies	company	NNS
32027	1046	14	could	could	MD
32027	1046	15	develop	develop	VB
32027	1046	16	these	these	DT
32027	1046	17	new	new	JJ
32027	1046	18	lines	line	NNS
32027	1046	19	of	of	IN
32027	1046	20	finance	finance	NN
32027	1046	21	without	without	IN
32027	1046	22	prejudice	prejudice	NN
32027	1046	23	to	to	IN
32027	1046	24	the	the	DT
32027	1046	25	other	other	JJ
32027	1046	26	branches	branch	NNS
32027	1046	27	of	of	IN
32027	1046	28	their	-PRON-	PRP$
32027	1046	29	business	business	NN
32027	1046	30	.	.	.
32027	1047	1	The	the	DT
32027	1047	2	use	use	NN
32027	1047	3	of	of	IN
32027	1047	4	state	state	NN
32027	1047	5	,	,	,
32027	1047	6	county	county	NN
32027	1047	7	,	,	,
32027	1047	8	and	and	CC
32027	1047	9	municipal	municipal	JJ
32027	1047	10	subsidies	subsidy	NNS
32027	1047	11	or	or	CC
32027	1047	12	credit	credit	NN
32027	1047	13	in	in	IN
32027	1047	14	enterprises	enterprise	NNS
32027	1047	15	of	of	IN
32027	1047	16	this	this	DT
32027	1047	17	kind	kind	NN
32027	1047	18	is	be	VBZ
32027	1047	19	rendered	render	VBN
32027	1047	20	difficult	difficult	JJ
32027	1047	21	,	,	,
32027	1047	22	if	if	IN
32027	1047	23	not	not	RB
32027	1047	24	impossible	impossible	JJ
32027	1047	25	,	,	,
32027	1047	26	in	in	IN
32027	1047	27	this	this	DT
32027	1047	28	country	country	NN
32027	1047	29	,	,	,
32027	1047	30	by	by	IN
32027	1047	31	strong	strong	JJ
32027	1047	32	prejudice	prejudice	NN
32027	1047	33	against	against	IN
32027	1047	34	the	the	DT
32027	1047	35	use	use	NN
32027	1047	36	of	of	IN
32027	1047	37	public	public	JJ
32027	1047	38	funds	fund	NNS
32027	1047	39	in	in	IN
32027	1047	40	private	private	JJ
32027	1047	41	enterprises	enterprise	NNS
32027	1047	42	,	,	,
32027	1047	43	and	and	CC
32027	1047	44	in	in	IN
32027	1047	45	some	some	DT
32027	1047	46	states	state	NNS
32027	1047	47	by	by	IN
32027	1047	48	constitutional	constitutional	JJ
32027	1047	49	prohibitions	prohibition	NNS
32027	1047	50	.	.	.
32027	1048	1	This	this	DT
32027	1048	2	prejudice	prejudice	NN
32027	1048	3	is	be	VBZ
32027	1048	4	based	base	VBN
32027	1048	5	upon	upon	IN
32027	1048	6	unfortunate	unfortunate	JJ
32027	1048	7	experiences	experience	NNS
32027	1048	8	,	,	,
32027	1048	9	and	and	CC
32027	1048	10	is	be	VBZ
32027	1048	11	at	at	IN
32027	1048	12	least	least	JJS
32027	1048	13	partially	partially	RB
32027	1048	14	justified	justify	VBN
32027	1048	15	by	by	IN
32027	1048	16	the	the	DT
32027	1048	17	laxness	laxness	NN
32027	1048	18	of	of	IN
32027	1048	19	our	-PRON-	PRP$
32027	1048	20	administrative	administrative	JJ
32027	1048	21	methods	method	NNS
32027	1048	22	and	and	CC
32027	1048	23	the	the	DT
32027	1048	24	prevalence	prevalence	NN
32027	1048	25	of	of	IN
32027	1048	26	graft	graft	NN
32027	1048	27	,	,	,
32027	1048	28	which	which	WDT
32027	1048	29	expose	expose	VBP
32027	1048	30	us	-PRON-	PRP
32027	1048	31	to	to	IN
32027	1048	32	the	the	DT
32027	1048	33	danger	danger	NN
32027	1048	34	of	of	IN
32027	1048	35	the	the	DT
32027	1048	36	improper	improper	JJ
32027	1048	37	use	use	NN
32027	1048	38	of	of	IN
32027	1048	39	public	public	JJ
32027	1048	40	funds	fund	NNS
32027	1048	41	devoted	devote	VBN
32027	1048	42	to	to	IN
32027	1048	43	enterprises	enterprise	NNS
32027	1048	44	of	of	IN
32027	1048	45	this	this	DT
32027	1048	46	kind	kind	NN
32027	1048	47	.	.	.
32027	1049	1	There	there	EX
32027	1049	2	is	be	VBZ
32027	1049	3	no	no	DT
32027	1049	4	reason	reason	NN
32027	1049	5	,	,	,
32027	1049	6	however	however	RB
32027	1049	7	,	,	,
32027	1049	8	why	why	WRB
32027	1049	9	our	-PRON-	PRP$
32027	1049	10	states	state	NNS
32027	1049	11	should	should	MD
32027	1049	12	not	not	RB
32027	1049	13	take	take	VB
32027	1049	14	the	the	DT
32027	1049	15	initiative	initiative	NN
32027	1049	16	in	in	IN
32027	1049	17	the	the	DT
32027	1049	18	improvement	improvement	NN
32027	1049	19	of	of	IN
32027	1049	20	our	-PRON-	PRP$
32027	1049	21	investment	investment	NN
32027	1049	22	banking	banking	NN
32027	1049	23	machinery	machinery	NN
32027	1049	24	and	and	CC
32027	1049	25	why	why	WRB
32027	1049	26	private	private	JJ
32027	1049	27	capitalists	capitalist	NNS
32027	1049	28	and	and	CC
32027	1049	29	philanthropists	philanthropist	NNS
32027	1049	30	should	should	MD
32027	1049	31	not	not	RB
32027	1049	32	turn	turn	VB
32027	1049	33	some	some	DT
32027	1049	34	of	of	IN
32027	1049	35	their	-PRON-	PRP$
32027	1049	36	energy	energy	NN
32027	1049	37	into	into	IN
32027	1049	38	this	this	DT
32027	1049	39	channel	channel	NN
32027	1049	40	.	.	.
32027	1050	1	Suggestion	suggestion	NN
32027	1050	2	and	and	CC
32027	1050	3	leadership	leadership	NN
32027	1050	4	are	be	VBP
32027	1050	5	needed	need	VBN
32027	1050	6	in	in	IN
32027	1050	7	this	this	DT
32027	1050	8	field	field	NN
32027	1050	9	quite	quite	RB
32027	1050	10	as	as	RB
32027	1050	11	much	much	RB
32027	1050	12	as	as	IN
32027	1050	13	legislation	legislation	NN
32027	1050	14	tending	tend	VBG
32027	1050	15	to	to	TO
32027	1050	16	restrict	restrict	VB
32027	1050	17	and	and	CC
32027	1050	18	regulate	regulate	VB
32027	1050	19	the	the	DT
32027	1050	20	operations	operation	NNS
32027	1050	21	of	of	IN
32027	1050	22	existing	exist	VBG
32027	1050	23	institutions	institution	NNS
32027	1050	24	.	.	.
32027	1051	1	REFERENCES	reference	NNS
32027	1051	2	The	the	DT
32027	1051	3	following	follow	VBG
32027	1051	4	books	book	NNS
32027	1051	5	are	be	VBP
32027	1051	6	comprehensive	comprehensive	JJ
32027	1051	7	in	in	IN
32027	1051	8	character	character	NN
32027	1051	9	,	,	,
32027	1051	10	treating	treat	VBG
32027	1051	11	most	most	JJS
32027	1051	12	of	of	IN
32027	1051	13	the	the	DT
32027	1051	14	subjects	subject	NNS
32027	1051	15	covered	cover	VBN
32027	1051	16	in	in	IN
32027	1051	17	the	the	DT
32027	1051	18	foregoing	foregoing	JJ
32027	1051	19	chapters	chapter	NNS
32027	1051	20	:	:	:
32027	1051	21	MACLEOD	MACLEOD	NNP
32027	1051	22	,	,	,
32027	1051	23	H.	H.	NNP
32027	1051	24	D.	D.	NNP
32027	1051	25	,	,	,
32027	1051	26	Theory	Theory	NNP
32027	1051	27	and	and	CC
32027	1051	28	Practice	Practice	NNP
32027	1051	29	of	of	IN
32027	1051	30	Banking	Banking	NNP
32027	1051	31	.	.	.
32027	1052	1	GILBART	GILBART	NNP
32027	1052	2	,	,	,
32027	1052	3	J.	J.	NNP
32027	1052	4	W.	W.	NNP
32027	1052	5	,	,	,
32027	1052	6	History	History	NNP
32027	1052	7	and	and	CC
32027	1052	8	Principles	Principles	NNPS
32027	1052	9	of	of	IN
32027	1052	10	Banking	Banking	NNP
32027	1052	11	.	.	.
32027	1053	1	BAGEHOT	BAGEHOT	NNP
32027	1053	2	,	,	,
32027	1053	3	WALTER	WALTER	NNP
32027	1053	4	,	,	,
32027	1053	5	Lombard	Lombard	NNP
32027	1053	6	Street	Street	NNP
32027	1053	7	.	.	.
32027	1054	1	DUNBAR	dunbar	RB
32027	1054	2	,	,	,
32027	1054	3	CHARLES	CHARLES	NNP
32027	1054	4	F.	F.	NNP
32027	1054	5	,	,	,
32027	1054	6	History	history	NN
32027	1054	7	and	and	CC
32027	1054	8	Theory	Theory	NNP
32027	1054	9	of	of	IN
32027	1054	10	Banking	Banking	NNP
32027	1054	11	.	.	.
32027	1055	1	SCOTT	SCOTT	NNP
32027	1055	2	,	,	,
32027	1055	3	WM	WM	NNP
32027	1055	4	.	.	.
32027	1056	1	A.	A.	NNP
32027	1056	2	,	,	,
32027	1056	3	Money	Money	NNP
32027	1056	4	and	and	CC
32027	1056	5	Banking	banking	NN
32027	1056	6	.	.	.
32027	1057	1	Rev.	Rev.	NNP
32027	1058	1	Ed	Ed	NNP
32027	1058	2	.	.	.
32027	1059	1	WHITE	WHITE	NNP
32027	1059	2	,	,	,
32027	1059	3	HORACE	horace	UH
32027	1059	4	,	,	,
32027	1059	5	Money	money	NN
32027	1059	6	and	and	CC
32027	1059	7	Banking	banking	NN
32027	1059	8	.	.	.
32027	1060	1	FISK	FISK	NNP
32027	1060	2	,	,	,
32027	1060	3	A.	A.	NNP
32027	1060	4	K.	K.	NNP
32027	1060	5	,	,	,
32027	1060	6	The	the	DT
32027	1060	7	Modern	Modern	NNP
32027	1060	8	Bank	Bank	NNP
32027	1060	9	.	.	.
32027	1061	1	The	the	DT
32027	1061	2	subject	subject	NN
32027	1061	3	of	of	IN
32027	1061	4	clearings	clearing	NNS
32027	1061	5	and	and	CC
32027	1061	6	the	the	DT
32027	1061	7	exchanges	exchange	NNS
32027	1061	8	are	be	VBP
32027	1061	9	discussed	discuss	VBN
32027	1061	10	in	in	IN
32027	1061	11	the	the	DT
32027	1061	12	following	follow	VBG
32027	1061	13	books	book	NNS
32027	1061	14	:	:	:
32027	1061	15	CANNON	CANNON	NNP
32027	1061	16	,	,	,
32027	1061	17	J.	J.	NNP
32027	1061	18	G.	G.	NNP
32027	1061	19	,	,	,
32027	1061	20	Clearing	Clearing	NNP
32027	1061	21	Houses	Houses	NNP
32027	1061	22	.	.	.
32027	1062	1	CLARE	CLARE	NNP
32027	1062	2	,	,	,
32027	1062	3	GEORGE	GEORGE	NNP
32027	1062	4	,	,	,
32027	1062	5	The	the	DT
32027	1062	6	A	A	NNP
32027	1062	7	,	,	,
32027	1062	8	B	b	NN
32027	1062	9	,	,	,
32027	1062	10	C	C	NNP
32027	1062	11	of	of	IN
32027	1062	12	the	the	DT
32027	1062	13	Exchanges	exchange	NNS
32027	1062	14	.	.	.
32027	1063	1	CLARE	CLARE	NNP
32027	1063	2	,	,	,
32027	1063	3	GEORGE	GEORGE	NNP
32027	1063	4	,	,	,
32027	1063	5	A	a	DT
32027	1063	6	Money	Money	NNP
32027	1063	7	Market	Market	NNP
32027	1063	8	Primer	Primer	NNP
32027	1063	9	and	and	CC
32027	1063	10	Key	Key	NNP
32027	1063	11	to	to	IN
32027	1063	12	the	the	DT
32027	1063	13	Foreign	Foreign	NNP
32027	1063	14	Exchanges	exchange	NNS
32027	1063	15	.	.	.
32027	1064	1	MARGRAFF	MARGRAFF	NNP
32027	1064	2	,	,	,
32027	1064	3	A.	a.	NN
32027	1064	4	W.	W.	NNP
32027	1064	5	,	,	,
32027	1064	6	International	International	NNP
32027	1064	7	Exchange	Exchange	NNP
32027	1064	8	.	.	.
32027	1065	1	ESCHER	ESCHER	NNP
32027	1065	2	,	,	,
32027	1065	3	F.	F.	NNP
32027	1065	4	,	,	,
32027	1065	5	Foreign	Foreign	NNP
32027	1065	6	Exchange	Exchange	NNP
32027	1065	7	.	.	.
32027	1066	1	The	the	DT
32027	1066	2	following	follow	VBG
32027	1066	3	cover	cover	NN
32027	1066	4	the	the	DT
32027	1066	5	history	history	NN
32027	1066	6	and	and	CC
32027	1066	7	present	present	JJ
32027	1066	8	condition	condition	NN
32027	1066	9	of	of	IN
32027	1066	10	banking	banking	NN
32027	1066	11	in	in	IN
32027	1066	12	the	the	DT
32027	1066	13	leading	lead	VBG
32027	1066	14	countries	country	NNS
32027	1066	15	:	:	:
32027	1066	16	CONANT	CONANT	NNP
32027	1066	17	,	,	,
32027	1066	18	C.	C.	NNP
32027	1066	19	A.	A.	NNP
32027	1066	20	,	,	,
32027	1066	21	Modern	Modern	NNP
32027	1066	22	Banks	Banks	NNPS
32027	1066	23	of	of	IN
32027	1066	24	Issue	issue	NN
32027	1066	25	.	.	.
32027	1067	1	KNOX	KNOX	NNP
32027	1067	2	,	,	,
32027	1067	3	J.	J.	NNP
32027	1067	4	J.	J.	NNP
32027	1067	5	,	,	,
32027	1067	6	A	a	DT
32027	1067	7	History	history	NN
32027	1067	8	of	of	IN
32027	1067	9	Banking	banking	NN
32027	1067	10	in	in	IN
32027	1067	11	the	the	DT
32027	1067	12	United	United	NNP
32027	1067	13	States	States	NNP
32027	1067	14	.	.	.
32027	1068	1	SUMNER	SUMNER	NNP
32027	1068	2	,	,	,
32027	1068	3	WM	WM	NNP
32027	1068	4	.	.	.
32027	1069	1	G.	G.	NNP
32027	1069	2	,	,	,
32027	1069	3	A	a	DT
32027	1069	4	History	history	NN
32027	1069	5	of	of	IN
32027	1069	6	Banking	banking	NN
32027	1069	7	in	in	IN
32027	1069	8	the	the	DT
32027	1069	9	United	United	NNP
32027	1069	10	States	States	NNP
32027	1069	11	,	,	,
32027	1069	12	being	be	VBG
32027	1069	13	Vol	Vol	NNP
32027	1069	14	.	.	.
32027	1070	1	I	-PRON-	PRP
32027	1070	2	of	of	IN
32027	1070	3	a	a	DT
32027	1070	4	History	history	NN
32027	1070	5	of	of	IN
32027	1070	6	Banking	banking	NN
32027	1070	7	in	in	IN
32027	1070	8	all	all	PDT
32027	1070	9	the	the	DT
32027	1070	10	leading	lead	VBG
32027	1070	11	nations	nation	NNS
32027	1070	12	.	.	.
32027	1071	1	KIRKBRIDE	KIRKBRIDE	NNP
32027	1071	2	&	&	CC
32027	1071	3	STERRETT	STERRETT	NNP
32027	1071	4	,	,	,
32027	1071	5	J.	J.	NNP
32027	1071	6	E.	E.	NNP
32027	1071	7	,	,	,
32027	1071	8	The	the	DT
32027	1071	9	Modern	Modern	NNP
32027	1071	10	Trust	Trust	NNP
32027	1071	11	Company	Company	NNP
32027	1071	12	,	,	,
32027	1071	13	Its	Its	NNP
32027	1071	14	Functions	Functions	NNPS
32027	1071	15	and	and	CC
32027	1071	16	Organization	Organization	NNP
32027	1071	17	.	.	.
32027	1072	1	BRECKENRIDGE	BRECKENRIDGE	NNP
32027	1072	2	,	,	,
32027	1072	3	R.	R.	NNP
32027	1072	4	M.	M.	NNP
32027	1072	5	,	,	,
32027	1072	6	The	the	DT
32027	1072	7	History	history	NN
32027	1072	8	of	of	IN
32027	1072	9	Banking	Banking	NNP
32027	1072	10	in	in	IN
32027	1072	11	Canada	Canada	NNP
32027	1072	12	.	.	.
32027	1073	1	LAUGHLIN	LAUGHLIN	NNP
32027	1073	2	,	,	,
32027	1073	3	J.	J.	NNP
32027	1073	4	L.	L.	NNP
32027	1073	5	,	,	,
32027	1073	6	Editor	Editor	NNP
32027	1073	7	,	,	,
32027	1073	8	Banking	Banking	NNP
32027	1073	9	Reform	Reform	NNP
32027	1073	10	.	.	.
32027	1074	1	JOHNSON	JOHNSON	NNP
32027	1074	2	,	,	,
32027	1074	3	J.	J.	NNP
32027	1074	4	F.	F.	NNP
32027	1074	5	,	,	,
32027	1074	6	The	the	DT
32027	1074	7	Canadian	Canadian	NNP
32027	1074	8	Banking	Banking	NNP
32027	1074	9	System	System	NNP
32027	1074	10	.	.	.
32027	1075	1	WITHERS	wither	NNS
32027	1075	2	,	,	,
32027	1075	3	HARTLEY	HARTLEY	NNP
32027	1075	4	,	,	,
32027	1075	5	PALGRAVE	PALGRAVE	NNP
32027	1075	6	,	,	,
32027	1075	7	R.	R.	NNP
32027	1075	8	H.	H.	NNP
32027	1075	9	,	,	,
32027	1075	10	and	and	CC
32027	1075	11	others	other	NNS
32027	1075	12	,	,	,
32027	1075	13	The	the	DT
32027	1075	14	English	English	NNP
32027	1075	15	Banking	Banking	NNP
32027	1075	16	System	System	NNP
32027	1075	17	.	.	.
32027	1076	1	LIESSE	LIESSE	NNP
32027	1076	2	,	,	,
32027	1076	3	A.	a.	NN
32027	1076	4	,	,	,
32027	1076	5	Evolution	Evolution	NNP
32027	1076	6	of	of	IN
32027	1076	7	Credit	Credit	NNP
32027	1076	8	and	and	CC
32027	1076	9	Banks	Banks	NNPS
32027	1076	10	in	in	IN
32027	1076	11	France	France	NNP
32027	1076	12	.	.	.
32027	1077	1	NATIONAL	NATIONAL	NNP
32027	1077	2	MONETARY	MONETARY	NNP
32027	1077	3	COMMISSION	COMMISSION	NNP
32027	1077	4	,	,	,
32027	1077	5	The	the	DT
32027	1077	6	Reichsbank	Reichsbank	NNP
32027	1077	7	,	,	,
32027	1077	8	1876	1876	CD
32027	1077	9	-	-	SYM
32027	1077	10	1900	1900	CD
32027	1077	11	.	.	.
32027	1078	1	RIESSER	RIESSER	NNP
32027	1078	2	,	,	,
32027	1078	3	J.	J.	NNP
32027	1078	4	,	,	,
32027	1078	5	The	the	DT
32027	1078	6	German	german	JJ
32027	1078	7	Great	Great	NNP
32027	1078	8	Banks	Banks	NNPS
32027	1078	9	and	and	CC
32027	1078	10	Their	-PRON-	PRP$
32027	1078	11	Concentration	Concentration	NNP
32027	1078	12	.	.	.
32027	1079	1	On	on	IN
32027	1079	2	investment	investment	NN
32027	1079	3	banking	banking	NN
32027	1079	4	see	see	VBP
32027	1079	5	:	:	:
32027	1079	6	WOLFF	wolff	NN
32027	1079	7	,	,	,
32027	1079	8	H.	H.	NNP
32027	1079	9	,	,	,
32027	1079	10	People	People	NNPS
32027	1079	11	's	's	POS
32027	1079	12	Banks	Banks	NNPS
32027	1079	13	.	.	.
32027	1080	1	PETERS	PETERS	NNP
32027	1080	2	,	,	,
32027	1080	3	E.	E.	NNP
32027	1080	4	E.	E.	NNP
32027	1080	5	,	,	,
32027	1080	6	Co	co	NN
32027	1080	7	-	-	NN
32027	1080	8	operative	operative	JJ
32027	1080	9	Credit	Credit	NNP
32027	1080	10	Associations	Associations	NNPS
32027	1080	11	.	.	.
32027	1081	1	HAMILTON	HAMILTON	NNP
32027	1081	2	,	,	,
32027	1081	3	J.	J.	NNP
32027	1081	4	H.	H.	NNP
32027	1081	5	,	,	,
32027	1081	6	Saving	Saving	NNP
32027	1081	7	and	and	CC
32027	1081	8	Savings	Savings	NNP
32027	1081	9	Institutions	Institutions	NNPS
32027	1081	10	.	.	.
32027	1082	1	PRATT	PRATT	NNP
32027	1082	2	,	,	,
32027	1082	3	S.	S.	NNP
32027	1082	4	S.	S.	NNP
32027	1082	5	,	,	,
32027	1082	6	The	the	DT
32027	1082	7	Work	Work	NNP
32027	1082	8	of	of	IN
32027	1082	9	Wall	Wall	NNP
32027	1082	10	Street	Street	NNP
32027	1082	11	.	.	.
32027	1083	1	CONANT	CONANT	NNP
32027	1083	2	,	,	,
32027	1083	3	C.	C.	NNP
32027	1083	4	A.	A.	NNP
32027	1083	5	,	,	,
32027	1083	6	Wall	Wall	NNP
32027	1083	7	Street	Street	NNP
32027	1083	8	and	and	CC
32027	1083	9	the	the	DT
32027	1083	10	Country	Country	NNP
32027	1083	11	.	.	.
32027	1084	1	INDEX	INDEX	NNP
32027	1084	2	"	"	``
32027	1084	3	Acceptance	Acceptance	NNP
32027	1084	4	"	"	''
32027	1084	5	credit	credit	NN
32027	1084	6	and	and	CC
32027	1084	7	lines	line	NNS
32027	1084	8	,	,	,
32027	1084	9	103	103	CD
32027	1084	10	Accommodation	Accommodation	NNP
32027	1084	11	loans	loan	NNS
32027	1084	12	,	,	,
32027	1084	13	12	12	CD
32027	1084	14	,	,	,
32027	1084	15	13	13	CD
32027	1084	16	Accounts	Accounts	NNPS
32027	1084	17	overdrawn	overdrawn	NN
32027	1084	18	,	,	,
32027	1084	19	16	16	CD
32027	1084	20	Agriculture	agriculture	NN
32027	1084	21	,	,	,
32027	1084	22	capital	capital	NN
32027	1084	23	for	for	IN
32027	1084	24	,	,	,
32027	1084	25	168	168	CD
32027	1084	26	;	;	:
32027	1084	27	individualism	individualism	NN
32027	1084	28	in	in	IN
32027	1084	29	,	,	,
32027	1084	30	168	168	CD
32027	1084	31	Assets	Assets	NNPS
32027	1084	32	,	,	,
32027	1084	33	prior	prior	RB
32027	1084	34	lien	lien	NN
32027	1084	35	on	on	RB
32027	1084	36	,	,	,
32027	1084	37	56	56	CD
32027	1084	38	;	;	:
32027	1084	39	special	special	JJ
32027	1084	40	,	,	,
32027	1084	41	57	57	CD
32027	1084	42	Balances	balance	NNS
32027	1084	43	,	,	,
32027	1084	44	16	16	CD
32027	1084	45	,	,	,
32027	1084	46	17	17	CD
32027	1084	47	,	,	,
32027	1084	48	23	23	CD
32027	1084	49	,	,	,
32027	1084	50	28	28	CD
32027	1084	51	Banche	Banche	NNP
32027	1084	52	Populari	Populari	NNP
32027	1084	53	,	,	,
32027	1084	54	162	162	CD
32027	1084	55	Bank	Bank	NNP
32027	1084	56	of	of	IN
32027	1084	57	England	England	NNP
32027	1084	58	,	,	,
32027	1084	59	104	104	CD
32027	1084	60	-	-	HYPH
32027	1084	61	111	111	CD
32027	1084	62	Bank	Bank	NNP
32027	1084	63	reserves	reserve	NNS
32027	1084	64	,	,	,
32027	1084	65	35	35	CD
32027	1084	66	-	-	SYM
32027	1084	67	40	40	CD
32027	1084	68	Bank	Bank	NNP
32027	1084	69	of	of	IN
32027	1084	70	France	France	NNP
32027	1084	71	,	,	,
32027	1084	72	111	111	CD
32027	1084	73	-	-	SYM
32027	1084	74	119	119	CD
32027	1084	75	Banker	Banker	NNP
32027	1084	76	's	's	POS
32027	1084	77	banks	bank	NNS
32027	1084	78	,	,	,
32027	1084	79	9	9	CD
32027	1084	80	;	;	:
32027	1084	81	bills	bill	NNS
32027	1084	82	,	,	,
32027	1084	83	33	33	CD
32027	1084	84	,	,	,
32027	1084	85	34	34	CD
32027	1084	86	;	;	:
32027	1084	87	most	most	JJS
32027	1084	88	valuable	valuable	JJ
32027	1084	89	assets	asset	NNS
32027	1084	90	,	,	,
32027	1084	91	61	61	CD
32027	1084	92	;	;	,
32027	1084	93	making	make	VBG
32027	1084	94	loans	loan	NNS
32027	1084	95	,	,	,
32027	1084	96	86	86	CD
32027	1084	97	Banking	Banking	NNP
32027	1084	98	,	,	,
32027	1084	99	act	act	NN
32027	1084	100	,	,	,
32027	1084	101	54	54	CD
32027	1084	102	,	,	,
32027	1084	103	78	78	CD
32027	1084	104	;	;	:
32027	1084	105	adequacy	adequacy	NN
32027	1084	106	and	and	CC
32027	1084	107	economy	economy	NN
32027	1084	108	of	of	IN
32027	1084	109	service	service	NN
32027	1084	110	,	,	,
32027	1084	111	62	62	CD
32027	1084	112	,	,	,
32027	1084	113	66	66	CD
32027	1084	114	;	;	:
32027	1084	115	branch	branch	NN
32027	1084	116	,	,	,
32027	1084	117	64	64	CD
32027	1084	118	,	,	,
32027	1084	119	65	65	CD
32027	1084	120	;	;	:
32027	1084	121	business	business	NN
32027	1084	122	,	,	,
32027	1084	123	9	9	CD
32027	1084	124	;	;	:
32027	1084	125	commercial	commercial	JJ
32027	1084	126	,	,	,
32027	1084	127	nature	nature	NN
32027	1084	128	and	and	CC
32027	1084	129	operation	operation	NN
32027	1084	130	of	of	IN
32027	1084	131	,	,	,
32027	1084	132	11	11	CD
32027	1084	133	-	-	SYM
32027	1084	134	67	67	CD
32027	1084	135	;	;	:
32027	1084	136	commercial	commercial	JJ
32027	1084	137	in	in	IN
32027	1084	138	the	the	DT
32027	1084	139	United	United	NNP
32027	1084	140	States	States	NNP
32027	1084	141	,	,	,
32027	1084	142	68	68	CD
32027	1084	143	-	-	SYM
32027	1084	144	100	100	CD
32027	1084	145	;	;	:
32027	1084	146	commercial	commercial	JJ
32027	1084	147	in	in	IN
32027	1084	148	other	other	JJ
32027	1084	149	countries	country	NNS
32027	1084	150	,	,	,
32027	1084	151	101	101	CD
32027	1084	152	-	-	SYM
32027	1084	153	135	135	CD
32027	1084	154	;	;	:
32027	1084	155	Canadian	Canadian	NNP
32027	1084	156	,	,	,
32027	1084	157	126	126	CD
32027	1084	158	-	-	SYM
32027	1084	159	135	135	CD
32027	1084	160	;	;	:
32027	1084	161	defects	defect	NNS
32027	1084	162	and	and	CC
32027	1084	163	reforms	reform	NNS
32027	1084	164	in	in	IN
32027	1084	165	banking	banking	NN
32027	1084	166	systems	system	NNS
32027	1084	167	,	,	,
32027	1084	168	97	97	CD
32027	1084	169	-	-	SYM
32027	1084	170	100	100	CD
32027	1084	171	;	;	:
32027	1084	172	English	English	NNP
32027	1084	173	,	,	,
32027	1084	174	104	104	CD
32027	1084	175	-	-	SYM
32027	1084	176	111	111	CD
32027	1084	177	;	;	:
32027	1084	178	French	french	JJ
32027	1084	179	,	,	,
32027	1084	180	111	111	CD
32027	1084	181	-	-	SYM
32027	1084	182	119	119	CD
32027	1084	183	;	;	:
32027	1084	184	functions	function	NNS
32027	1084	185	in	in	IN
32027	1084	186	single	single	JJ
32027	1084	187	institutions	institution	NNS
32027	1084	188	,	,	,
32027	1084	189	144	144	CD
32027	1084	190	;	;	:
32027	1084	191	German	german	JJ
32027	1084	192	,	,	,
32027	1084	193	119	119	CD
32027	1084	194	-	-	SYM
32027	1084	195	126	126	CD
32027	1084	196	;	;	:
32027	1084	197	incorporation	incorporation	NN
32027	1084	198	,	,	,
32027	1084	199	66	66	CD
32027	1084	200	;	;	:
32027	1084	201	investment	investment	NN
32027	1084	202	,	,	,
32027	1084	203	136	136	CD
32027	1084	204	-	-	SYM
32027	1084	205	170	170	CD
32027	1084	206	;	;	:
32027	1084	207	Kansas	Kansas	NNP
32027	1084	208	"	"	``
32027	1084	209	blue	blue	JJ
32027	1084	210	sky	sky	NN
32027	1084	211	laws	law	NNS
32027	1084	212	,	,	,
32027	1084	213	"	"	''
32027	1084	214	146	146	CD
32027	1084	215	;	;	:
32027	1084	216	problems	problem	NNS
32027	1084	217	of	of	IN
32027	1084	218	commercial	commercial	JJ
32027	1084	219	,	,	,
32027	1084	220	35	35	CD
32027	1084	221	;	;	:
32027	1084	222	reserve	reserve	NNP
32027	1084	223	,	,	,
32027	1084	224	78	78	CD
32027	1084	225	;	;	:
32027	1084	226	services	service	NNS
32027	1084	227	rendered	render	VBN
32027	1084	228	by	by	IN
32027	1084	229	,	,	,
32027	1084	230	1	1	CD
32027	1084	231	-	-	SYM
32027	1084	232	3	3	CD
32027	1084	233	;	;	:
32027	1084	234	Wisconsin	Wisconsin	NNP
32027	1084	235	regulations	regulation	NNS
32027	1084	236	,	,	,
32027	1084	237	146	146	CD
32027	1084	238	;	;	:
32027	1084	239	local	local	JJ
32027	1084	240	,	,	,
32027	1084	241	62	62	CD
32027	1084	242	,	,	,
32027	1084	243	63	63	CD
32027	1084	244	Bank	Bank	NNP
32027	1084	245	notes	note	NNS
32027	1084	246	,	,	,
32027	1084	247	see	see	VB
32027	1084	248	_	_	NNP
32027	1084	249	notes	note	NNS
32027	1084	250	_	_	NNP
32027	1084	251	Banks	Banks	NNP
32027	1084	252	,	,	,
32027	1084	253	bond	bond	NN
32027	1084	254	houses	house	NNS
32027	1084	255	,	,	,
32027	1084	256	6	6	CD
32027	1084	257	;	;	:
32027	1084	258	Canadian	Canadian	NNP
32027	1084	259	,	,	,
32027	1084	260	126	126	CD
32027	1084	261	-	-	SYM
32027	1084	262	135	135	CD
32027	1084	263	;	;	:
32027	1084	264	central	central	JJ
32027	1084	265	of	of	IN
32027	1084	266	Europe	Europe	NNP
32027	1084	267	,	,	,
32027	1084	268	101	101	CD
32027	1084	269	;	;	:
32027	1084	270	central	central	NNP
32027	1084	271	reserve	reserve	NNP
32027	1084	272	,	,	,
32027	1084	273	78	78	CD
32027	1084	274	;	;	:
32027	1084	275	classified	classified	NNP
32027	1084	276	,	,	,
32027	1084	277	6	6	CD
32027	1084	278	;	;	:
32027	1084	279	classification	classification	NN
32027	1084	280	of	of	IN
32027	1084	281	national	national	JJ
32027	1084	282	,	,	,
32027	1084	283	54	54	CD
32027	1084	284	;	;	:
32027	1084	285	collections	collection	NNS
32027	1084	286	,	,	,
32027	1084	287	22	22	CD
32027	1084	288	;	;	:
32027	1084	289	commercial	commercial	JJ
32027	1084	290	,	,	,
32027	1084	291	6	6	CD
32027	1084	292	,	,	,
32027	1084	293	7	7	CD
32027	1084	294	;	;	:
32027	1084	295	cooperative	cooperative	JJ
32027	1084	296	,	,	,
32027	1084	297	139	139	CD
32027	1084	298	;	;	:
32027	1084	299	correspondent	correspondent	NN
32027	1084	300	,	,	,
32027	1084	301	24	24	CD
32027	1084	302	,	,	,
32027	1084	303	25	25	CD
32027	1084	304	;	;	:
32027	1084	305	England	England	NNP
32027	1084	306	,	,	,
32027	1084	307	bank	bank	NN
32027	1084	308	of	of	IN
32027	1084	309	,	,	,
32027	1084	310	104	104	CD
32027	1084	311	-	-	SYM
32027	1084	312	111	111	CD
32027	1084	313	;	;	:
32027	1084	314	European	european	JJ
32027	1084	315	land	land	NN
32027	1084	316	banks	bank	NNS
32027	1084	317	,	,	,
32027	1084	318	147	147	CD
32027	1084	319	-	-	SYM
32027	1084	320	163	163	CD
32027	1084	321	;	;	:
32027	1084	322	European	european	JJ
32027	1084	323	central	central	NN
32027	1084	324	,	,	,
32027	1084	325	9	9	CD
32027	1084	326	;	;	:
32027	1084	327	federal	federal	JJ
32027	1084	328	,	,	,
32027	1084	329	8	8	CD
32027	1084	330	;	;	:
32027	1084	331	federal	federal	NNP
32027	1084	332	reserve	reserve	NNP
32027	1084	333	,	,	,
32027	1084	334	98	98	CD
32027	1084	335	-	-	SYM
32027	1084	336	100	100	CD
32027	1084	337	;	;	:
32027	1084	338	France	France	NNP
32027	1084	339	,	,	,
32027	1084	340	bank	bank	NN
32027	1084	341	of	of	IN
32027	1084	342	,	,	,
32027	1084	343	111	111	CD
32027	1084	344	-	-	SYM
32027	1084	345	119	119	CD
32027	1084	346	;	;	:
32027	1084	347	French	french	JJ
32027	1084	348	land	land	NN
32027	1084	349	,	,	,
32027	1084	350	160	160	CD
32027	1084	351	-	-	SYM
32027	1084	352	163	163	CD
32027	1084	353	;	;	:
32027	1084	354	functions	function	NNS
32027	1084	355	of	of	IN
32027	1084	356	,	,	,
32027	1084	357	4	4	CD
32027	1084	358	;	;	:
32027	1084	359	German	German	NNP
32027	1084	360	Imperial	Imperial	NNP
32027	1084	361	,	,	,
32027	1084	362	119	119	CD
32027	1084	363	-	-	SYM
32027	1084	364	123	123	CD
32027	1084	365	;	;	:
32027	1084	366	German	german	JJ
32027	1084	367	land	land	NN
32027	1084	368	,	,	,
32027	1084	369	147	147	CD
32027	1084	370	-	-	SYM
32027	1084	371	163	163	CD
32027	1084	372	;	;	:
32027	1084	373	incorporated	incorporate	VBN
32027	1084	374	,	,	,
32027	1084	375	7	7	CD
32027	1084	376	;	;	:
32027	1084	377	inspection	inspection	NN
32027	1084	378	of	of	IN
32027	1084	379	,	,	,
32027	1084	380	59	59	CD
32027	1084	381	;	;	:
32027	1084	382	interest	interest	NN
32027	1084	383	charges	charge	NNS
32027	1084	384	,	,	,
32027	1084	385	14	14	CD
32027	1084	386	;	;	:
32027	1084	387	investment	investment	NN
32027	1084	388	,	,	,
32027	1084	389	6	6	CD
32027	1084	390	,	,	,
32027	1084	391	7	7	CD
32027	1084	392	;	;	:
32027	1084	393	Italian	italian	JJ
32027	1084	394	land	land	NN
32027	1084	395	,	,	,
32027	1084	396	160	160	CD
32027	1084	397	-	-	SYM
32027	1084	398	163	163	CD
32027	1084	399	;	;	:
32027	1084	400	joint	joint	JJ
32027	1084	401	stock	stock	NN
32027	1084	402	,	,	,
32027	1084	403	7	7	CD
32027	1084	404	;	;	:
32027	1084	405	land	land	NN
32027	1084	406	,	,	,
32027	1084	407	6	6	CD
32027	1084	408	;	;	:
32027	1084	409	loan	loan	NN
32027	1084	410	-	-	HYPH
32027	1084	411	making	making	NN
32027	1084	412	,	,	,
32027	1084	413	86	86	CD
32027	1084	414	;	;	,
32027	1084	415	municipal	municipal	JJ
32027	1084	416	,	,	,
32027	1084	417	139	139	CD
32027	1084	418	;	;	:
32027	1084	419	national	national	JJ
32027	1084	420	,	,	,
32027	1084	421	8	8	CD
32027	1084	422	,	,	,
32027	1084	423	70	70	CD
32027	1084	424	-	-	SYM
32027	1084	425	75	75	CD
32027	1084	426	;	;	:
32027	1084	427	note	note	VB
32027	1084	428	issue	issue	NN
32027	1084	429	privileges	privilege	NNS
32027	1084	430	,	,	,
32027	1084	431	37	37	CD
32027	1084	432	,	,	,
32027	1084	433	38	38	CD
32027	1084	434	;	;	:
32027	1084	435	of	of	IN
32027	1084	436	issue	issue	NN
32027	1084	437	,	,	,
32027	1084	438	20	20	CD
32027	1084	439	,	,	,
32027	1084	440	21	21	CD
32027	1084	441	;	;	:
32027	1084	442	postal	postal	JJ
32027	1084	443	saving	saving	NN
32027	1084	444	,	,	,
32027	1084	445	139	139	CD
32027	1084	446	;	;	:
32027	1084	447	private	private	JJ
32027	1084	448	,	,	,
32027	1084	449	7	7	CD
32027	1084	450	;	;	:
32027	1084	451	protection	protection	NN
32027	1084	452	against	against	IN
32027	1084	453	unsound	unsound	JJ
32027	1084	454	practices	practice	NNS
32027	1084	455	of	of	IN
32027	1084	456	,	,	,
32027	1084	457	46	46	CD
32027	1084	458	-	-	SYM
32027	1084	459	62	62	CD
32027	1084	460	;	;	:
32027	1084	461	real	real	JJ
32027	1084	462	estate	estate	NN
32027	1084	463	,	,	,
32027	1084	464	6	6	CD
32027	1084	465	,	,	,
32027	1084	466	52	52	CD
32027	1084	467	;	;	:
32027	1084	468	savings	saving	NNS
32027	1084	469	,	,	,
32027	1084	470	6	6	CD
32027	1084	471	,	,	,
32027	1084	472	136	136	CD
32027	1084	473	-	-	SYM
32027	1084	474	141	141	CD
32027	1084	475	;	;	:
32027	1084	476	services	service	NNS
32027	1084	477	rendered	render	VBN
32027	1084	478	by	by	IN
32027	1084	479	,	,	,
32027	1084	480	1	1	CD
32027	1084	481	-	-	SYM
32027	1084	482	3	3	CD
32027	1084	483	;	;	:
32027	1084	484	state	state	NN
32027	1084	485	,	,	,
32027	1084	486	9	9	CD
32027	1084	487	,	,	,
32027	1084	488	68	68	CD
32027	1084	489	-	-	SYM
32027	1084	490	70	70	CD
32027	1084	491	;	;	:
32027	1084	492	supply	supply	NN
32027	1084	493	currency	currency	NN
32027	1084	494	,	,	,
32027	1084	495	22	22	CD
32027	1084	496	;	;	:
32027	1084	497	trustee	trustee	NN
32027	1084	498	,	,	,
32027	1084	499	139	139	CD
32027	1084	500	Berlin	Berlin	NNP
32027	1084	501	stock	stock	NN
32027	1084	502	exchange	exchange	NN
32027	1084	503	,	,	,
32027	1084	504	165	165	CD
32027	1084	505	Bills	Bills	NNPS
32027	1084	506	of	of	IN
32027	1084	507	exchange	exchange	NN
32027	1084	508	,	,	,
32027	1084	509	12	12	CD
32027	1084	510	,	,	,
32027	1084	511	17	17	CD
32027	1084	512	;	;	:
32027	1084	513	documented	document	VBN
32027	1084	514	,	,	,
32027	1084	515	42	42	CD
32027	1084	516	"	"	``
32027	1084	517	Blue	blue	JJ
32027	1084	518	sky	sky	NN
32027	1084	519	laws	law	NNS
32027	1084	520	"	"	''
32027	1084	521	of	of	IN
32027	1084	522	Kansas	Kansas	NNP
32027	1084	523	,	,	,
32027	1084	524	146	146	CD
32027	1084	525	Bond	Bond	NNP
32027	1084	526	houses	house	NNS
32027	1084	527	,	,	,
32027	1084	528	144	144	CD
32027	1084	529	-	-	SYM
32027	1084	530	147	147	CD
32027	1084	531	Bonds	bond	NNS
32027	1084	532	,	,	,
32027	1084	533	government	government	NN
32027	1084	534	,	,	,
32027	1084	535	96	96	CD
32027	1084	536	,	,	,
32027	1084	537	97	97	CD
32027	1084	538	;	;	:
32027	1084	539	mortgage	mortgage	NN
32027	1084	540	,	,	,
32027	1084	541	148	148	CD
32027	1084	542	,	,	,
32027	1084	543	150	150	CD
32027	1084	544	,	,	,
32027	1084	545	169	169	CD
32027	1084	546	Bonds	bond	NNS
32027	1084	547	and	and	CC
32027	1084	548	stocks	stock	NNS
32027	1084	549	,	,	,
32027	1084	550	not	not	RB
32027	1084	551	liquid	liquid	JJ
32027	1084	552	securities	security	NNS
32027	1084	553	,	,	,
32027	1084	554	53	53	CD
32027	1084	555	Book	Book	NNP
32027	1084	556	accounts	account	VBZ
32027	1084	557	,	,	,
32027	1084	558	12	12	CD
32027	1084	559	Branch	Branch	NNP
32027	1084	560	banking	banking	NN
32027	1084	561	,	,	,
32027	1084	562	62	62	CD
32027	1084	563	,	,	,
32027	1084	564	64	64	CD
32027	1084	565	,	,	,
32027	1084	566	65	65	CD
32027	1084	567	Bullion	Bullion	NNP
32027	1084	568	,	,	,
32027	1084	569	81	81	CD
32027	1084	570	,	,	,
32027	1084	571	82	82	CD
32027	1084	572	;	;	:
32027	1084	573	in	in	IN
32027	1084	574	Canada	Canada	NNP
32027	1084	575	,	,	,
32027	1084	576	132	132	CD
32027	1084	577	;	;	:
32027	1084	578	in	in	IN
32027	1084	579	England	England	NNP
32027	1084	580	,	,	,
32027	1084	581	105	105	CD
32027	1084	582	;	;	:
32027	1084	583	in	in	IN
32027	1084	584	France	France	NNP
32027	1084	585	,	,	,
32027	1084	586	113	113	CD
32027	1084	587	;	;	:
32027	1084	588	in	in	IN
32027	1084	589	Germany	Germany	NNP
32027	1084	590	,	,	,
32027	1084	591	122	122	CD
32027	1084	592	Buying	buying	NN
32027	1084	593	and	and	CC
32027	1084	594	selling	sell	VBG
32027	1084	595	on	on	IN
32027	1084	596	time	time	NN
32027	1084	597	,	,	,
32027	1084	598	11	11	CD
32027	1084	599	,	,	,
32027	1084	600	12	12	CD
32027	1084	601	Cables	cable	NNS
32027	1084	602	in	in	IN
32027	1084	603	foreign	foreign	JJ
32027	1084	604	exchange	exchange	NN
32027	1084	605	,	,	,
32027	1084	606	33	33	CD
32027	1084	607	Canadian	canadian	JJ
32027	1084	608	banking	banking	NN
32027	1084	609	system	system	NN
32027	1084	610	,	,	,
32027	1084	611	126	126	CD
32027	1084	612	-	-	SYM
32027	1084	613	135	135	CD
32027	1084	614	Capital	capital	NN
32027	1084	615	and	and	CC
32027	1084	616	surplus	surplus	NN
32027	1084	617	requirements	requirement	NNS
32027	1084	618	for	for	IN
32027	1084	619	banks	bank	NNS
32027	1084	620	,	,	,
32027	1084	621	46	46	CD
32027	1084	622	-	-	SYM
32027	1084	623	48	48	CD
32027	1084	624	;	;	:
32027	1084	625	stock	stock	NN
32027	1084	626	,	,	,
32027	1084	627	47	47	CD
32027	1084	628	,	,	,
32027	1084	629	48	48	CD
32027	1084	630	Cash	cash	NN
32027	1084	631	,	,	,
32027	1084	632	supply	supply	NN
32027	1084	633	of	of	IN
32027	1084	634	,	,	,
32027	1084	635	35	35	CD
32027	1084	636	-	-	SYM
32027	1084	637	40	40	CD
32027	1084	638	;	;	:
32027	1084	639	demands	demand	NNS
32027	1084	640	on	on	IN
32027	1084	641	banks	bank	NNS
32027	1084	642	,	,	,
32027	1084	643	55	55	CD
32027	1084	644	;	;	:
32027	1084	645	resources	resource	NNS
32027	1084	646	,	,	,
32027	1084	647	29	29	CD
32027	1084	648	Casse	Casse	NNP
32027	1084	649	Rurali	Rurali	NNP
32027	1084	650	,	,	,
32027	1084	651	162	162	CD
32027	1084	652	Central	central	JJ
32027	1084	653	banks	bank	NNS
32027	1084	654	of	of	IN
32027	1084	655	Europe	Europe	NNP
32027	1084	656	,	,	,
32027	1084	657	8	8	CD
32027	1084	658	,	,	,
32027	1084	659	9	9	CD
32027	1084	660	,	,	,
32027	1084	661	65	65	CD
32027	1084	662	,	,	,
32027	1084	663	101	101	CD
32027	1084	664	;	;	:
32027	1084	665	England	England	NNP
32027	1084	666	,	,	,
32027	1084	667	104	104	CD
32027	1084	668	-	-	SYM
32027	1084	669	111	111	CD
32027	1084	670	;	;	:
32027	1084	671	France	France	NNP
32027	1084	672	,	,	,
32027	1084	673	111	111	CD
32027	1084	674	-	-	SYM
32027	1084	675	119	119	CD
32027	1084	676	;	;	:
32027	1084	677	German	german	JJ
32027	1084	678	,	,	,
32027	1084	679	119	119	CD
32027	1084	680	-	-	SYM
32027	1084	681	123	123	CD
32027	1084	682	Charters	charter	NNS
32027	1084	683	,	,	,
32027	1084	684	8	8	CD
32027	1084	685	;	;	:
32027	1084	686	special	special	JJ
32027	1084	687	,	,	,
32027	1084	688	66	66	CD
32027	1084	689	,	,	,
32027	1084	690	67	67	CD
32027	1084	691	Checking	checking	NN
32027	1084	692	accounts	account	NNS
32027	1084	693	,	,	,
32027	1084	694	15	15	CD
32027	1084	695	,	,	,
32027	1084	696	20	20	CD
32027	1084	697	,	,	,
32027	1084	698	21	21	CD
32027	1084	699	,	,	,
32027	1084	700	24	24	CD
32027	1084	701	,	,	,
32027	1084	702	35	35	CD
32027	1084	703	Checks	check	NNS
32027	1084	704	,	,	,
32027	1084	705	15	15	CD
32027	1084	706	,	,	,
32027	1084	707	16	16	CD
32027	1084	708	,	,	,
32027	1084	709	21	21	CD
32027	1084	710	-	-	SYM
32027	1084	711	24	24	CD
32027	1084	712	;	;	:
32027	1084	713	abroad	abroad	RB
32027	1084	714	,	,	,
32027	1084	715	36	36	CD
32027	1084	716	Chicago	Chicago	NNP
32027	1084	717	,	,	,
32027	1084	718	clearing	clearing	NN
32027	1084	719	center	center	NN
32027	1084	720	,	,	,
32027	1084	721	24	24	CD
32027	1084	722	;	;	:
32027	1084	723	central	central	NNP
32027	1084	724	reserve	reserve	NN
32027	1084	725	banks	bank	NNS
32027	1084	726	,	,	,
32027	1084	727	78	78	CD
32027	1084	728	Clearing	Clearing	NNP
32027	1084	729	house	house	NN
32027	1084	730	,	,	,
32027	1084	731	22	22	CD
32027	1084	732	-	-	SYM
32027	1084	733	24	24	CD
32027	1084	734	;	;	:
32027	1084	735	center	center	NN
32027	1084	736	in	in	IN
32027	1084	737	New	New	NNP
32027	1084	738	York	York	NNP
32027	1084	739	,	,	,
32027	1084	740	80	80	CD
32027	1084	741	Coin	Coin	NNP
32027	1084	742	,	,	,
32027	1084	743	21	21	CD
32027	1084	744	;	;	:
32027	1084	745	and	and	CC
32027	1084	746	bank	bank	NN
32027	1084	747	reserves	reserve	NNS
32027	1084	748	,	,	,
32027	1084	749	38	38	CD
32027	1084	750	;	;	:
32027	1084	751	in	in	IN
32027	1084	752	England	England	NNP
32027	1084	753	,	,	,
32027	1084	754	109	109	CD
32027	1084	755	;	;	:
32027	1084	756	in	in	IN
32027	1084	757	France	France	NNP
32027	1084	758	,	,	,
32027	1084	759	117	117	CD
32027	1084	760	;	;	:
32027	1084	761	in	in	IN
32027	1084	762	Germany	Germany	NNP
32027	1084	763	,	,	,
32027	1084	764	121	121	CD
32027	1084	765	,	,	,
32027	1084	766	122	122	CD
32027	1084	767	;	;	:
32027	1084	768	standard	standard	JJ
32027	1084	769	and	and	CC
32027	1084	770	subsidiary	subsidiary	NN
32027	1084	771	,	,	,
32027	1084	772	21	21	CD
32027	1084	773	;	;	:
32027	1084	774	supply	supply	NN
32027	1084	775	,	,	,
32027	1084	776	40	40	CD
32027	1084	777	Collections	collection	NNS
32027	1084	778	,	,	,
32027	1084	779	22	22	CD
32027	1084	780	,	,	,
32027	1084	781	25	25	CD
32027	1084	782	Commercial	commercial	JJ
32027	1084	783	banking	banking	NN
32027	1084	784	,	,	,
32027	1084	785	collections	collection	NNS
32027	1084	786	,	,	,
32027	1084	787	22	22	CD
32027	1084	788	;	;	:
32027	1084	789	currency	currency	NN
32027	1084	790	,	,	,
32027	1084	791	21	21	CD
32027	1084	792	,	,	,
32027	1084	793	22	22	CD
32027	1084	794	;	;	:
32027	1084	795	domestic	domestic	JJ
32027	1084	796	exchange	exchange	NN
32027	1084	797	,	,	,
32027	1084	798	25	25	CD
32027	1084	799	;	;	:
32027	1084	800	nature	nature	NN
32027	1084	801	and	and	CC
32027	1084	802	operations	operation	NNS
32027	1084	803	of	of	IN
32027	1084	804	,	,	,
32027	1084	805	11	11	CD
32027	1084	806	-	-	SYM
32027	1084	807	67	67	CD
32027	1084	808	;	;	:
32027	1084	809	other	other	JJ
32027	1084	810	countries	country	NNS
32027	1084	811	,	,	,
32027	1084	812	101	101	CD
32027	1084	813	-	-	SYM
32027	1084	814	135	135	CD
32027	1084	815	;	;	:
32027	1084	816	problems	problem	NNS
32027	1084	817	of	of	IN
32027	1084	818	,	,	,
32027	1084	819	35	35	CD
32027	1084	820	;	;	:
32027	1084	821	promissory	promissory	JJ
32027	1084	822	notes	note	NNS
32027	1084	823	,	,	,
32027	1084	824	19	19	CD
32027	1084	825	;	;	:
32027	1084	826	protection	protection	NN
32027	1084	827	against	against	IN
32027	1084	828	unsound	unsound	JJ
32027	1084	829	practices	practice	NNS
32027	1084	830	of	of	IN
32027	1084	831	,	,	,
32027	1084	832	46	46	CD
32027	1084	833	-	-	SYM
32027	1084	834	62	62	CD
32027	1084	835	;	;	:
32027	1084	836	savings	saving	NNS
32027	1084	837	accounts	account	NNS
32027	1084	838	,	,	,
32027	1084	839	44	44	CD
32027	1084	840	;	;	:
32027	1084	841	in	in	IN
32027	1084	842	the	the	DT
32027	1084	843	United	United	NNP
32027	1084	844	States	States	NNP
32027	1084	845	,	,	,
32027	1084	846	68	68	CD
32027	1084	847	-	-	SYM
32027	1084	848	100	100	CD
32027	1084	849	Commercial	commercial	JJ
32027	1084	850	paper	paper	NN
32027	1084	851	,	,	,
32027	1084	852	11	11	CD
32027	1084	853	-	-	SYM
32027	1084	854	14	14	CD
32027	1084	855	;	;	:
32027	1084	856	discount	discount	NN
32027	1084	857	of	of	IN
32027	1084	858	,	,	,
32027	1084	859	14	14	CD
32027	1084	860	,	,	,
32027	1084	861	15	15	CD
32027	1084	862	,	,	,
32027	1084	863	17	17	CD
32027	1084	864	;	;	:
32027	1084	865	and	and	CC
32027	1084	866	investment	investment	NN
32027	1084	867	paper	paper	NN
32027	1084	868	,	,	,
32027	1084	869	41	41	CD
32027	1084	870	,	,	,
32027	1084	871	42	42	CD
32027	1084	872	;	;	:
32027	1084	873	liquid	liquid	JJ
32027	1084	874	security	security	NN
32027	1084	875	,	,	,
32027	1084	876	53	53	CD
32027	1084	877	;	;	:
32027	1084	878	market	market	NN
32027	1084	879	for	for	IN
32027	1084	880	,	,	,
32027	1084	881	100	100	CD
32027	1084	882	Competition	competition	NN
32027	1084	883	in	in	IN
32027	1084	884	banking	banking	NN
32027	1084	885	,	,	,
32027	1084	886	83	83	CD
32027	1084	887	Comptoir	Comptoir	NNP
32027	1084	888	d'Escompte	d'Escompte	NNP
32027	1084	889	de	de	NNP
32027	1084	890	Paris	Paris	NNP
32027	1084	891	,	,	,
32027	1084	892	115	115	CD
32027	1084	893	,	,	,
32027	1084	894	116	116	CD
32027	1084	895	Conflict	conflict	NN
32027	1084	896	of	of	IN
32027	1084	897	functions	function	NNS
32027	1084	898	and	and	CC
32027	1084	899	laws	law	NNS
32027	1084	900	,	,	,
32027	1084	901	82	82	CD
32027	1084	902	Cooperative	cooperative	JJ
32027	1084	903	banks	bank	NNS
32027	1084	904	,	,	,
32027	1084	905	139	139	CD
32027	1084	906	Correspondent	correspondent	NN
32027	1084	907	banks	bank	NNS
32027	1084	908	,	,	,
32027	1084	909	24	24	CD
32027	1084	910	,	,	,
32027	1084	911	25	25	CD
32027	1084	912	Credit	Credit	NNP
32027	1084	913	"	"	``
32027	1084	914	acceptance	acceptance	NN
32027	1084	915	"	"	''
32027	1084	916	line	line	NN
32027	1084	917	,	,	,
32027	1084	918	103	103	CD
32027	1084	919	;	;	:
32027	1084	920	balance	balance	NN
32027	1084	921	,	,	,
32027	1084	922	16	16	CD
32027	1084	923	,	,	,
32027	1084	924	18	18	CD
32027	1084	925	-	-	SYM
32027	1084	926	20	20	CD
32027	1084	927	,	,	,
32027	1084	928	23	23	CD
32027	1084	929	,	,	,
32027	1084	930	25	25	CD
32027	1084	931	;	;	:
32027	1084	932	cooperation	cooperation	NN
32027	1084	933	in	in	IN
32027	1084	934	,	,	,
32027	1084	935	166	166	CD
32027	1084	936	-	-	SYM
32027	1084	937	168	168	CD
32027	1084	938	;	;	:
32027	1084	939	department	department	NN
32027	1084	940	in	in	IN
32027	1084	941	banks	bank	NNS
32027	1084	942	,	,	,
32027	1084	943	43	43	CD
32027	1084	944	,	,	,
32027	1084	945	86	86	CD
32027	1084	946	;	;	:
32027	1084	947	inflation	inflation	NN
32027	1084	948	of	of	IN
32027	1084	949	,	,	,
32027	1084	950	87	87	CD
32027	1084	951	;	;	:
32027	1084	952	"	"	``
32027	1084	953	line	line	NN
32027	1084	954	"	"	''
32027	1084	955	of	of	IN
32027	1084	956	,	,	,
32027	1084	957	16	16	CD
32027	1084	958	,	,	,
32027	1084	959	85	85	CD
32027	1084	960	,	,	,
32027	1084	961	86	86	CD
32027	1084	962	;	;	:
32027	1084	963	subsidies	subsidy	NNS
32027	1084	964	,	,	,
32027	1084	965	state	state	NN
32027	1084	966	,	,	,
32027	1084	967	county	county	NN
32027	1084	968	,	,	,
32027	1084	969	and	and	CC
32027	1084	970	municipal	municipal	JJ
32027	1084	971	,	,	,
32027	1084	972	169	169	CD
32027	1084	973	;	;	:
32027	1084	974	system	system	NN
32027	1084	975	,	,	,
32027	1084	976	11	11	CD
32027	1084	977	-	-	SYM
32027	1084	978	13	13	CD
32027	1084	979	Credits	Credits	NNPS
32027	1084	980	,	,	,
32027	1084	981	forced	force	VBD
32027	1084	982	liquidation	liquidation	NN
32027	1084	983	of	of	IN
32027	1084	984	,	,	,
32027	1084	985	49	49	CD
32027	1084	986	Crédit	Crédit	NNP
32027	1084	987	Agricole	Agricole	NNP
32027	1084	988	,	,	,
32027	1084	989	162	162	CD
32027	1084	990	;	;	:
32027	1084	991	Foncier	Foncier	NNP
32027	1084	992	,	,	,
32027	1084	993	113	113	CD
32027	1084	994	;	;	:
32027	1084	995	Industrielle	Industrielle	NNP
32027	1084	996	et	et	NNP
32027	1084	997	Commercial	Commercial	NNP
32027	1084	998	,	,	,
32027	1084	999	115	115	CD
32027	1084	1000	,	,	,
32027	1084	1001	116	116	CD
32027	1084	1002	;	;	:
32027	1084	1003	Lyonnais	Lyonnais	NNP
32027	1084	1004	,	,	,
32027	1084	1005	115	115	CD
32027	1084	1006	,	,	,
32027	1084	1007	116	116	CD
32027	1084	1008	Crisis	Crisis	NNP
32027	1084	1009	,	,	,
32027	1084	1010	commercial	commercial	NN
32027	1084	1011	,	,	,
32027	1084	1012	19	19	CD
32027	1084	1013	,	,	,
32027	1084	1014	31	31	CD
32027	1084	1015	,	,	,
32027	1084	1016	88	88	CD
32027	1084	1017	Currency	Currency	NNP
32027	1084	1018	,	,	,
32027	1084	1019	21	21	CD
32027	1084	1020	,	,	,
32027	1084	1021	22	22	CD
32027	1084	1022	;	;	:
32027	1084	1023	lack	lack	NN
32027	1084	1024	of	of	IN
32027	1084	1025	elasticity	elasticity	NN
32027	1084	1026	,	,	,
32027	1084	1027	95	95	CD
32027	1084	1028	-	-	SYM
32027	1084	1029	97	97	CD
32027	1084	1030	Debt	debt	NN
32027	1084	1031	paying	pay	VBG
32027	1084	1032	,	,	,
32027	1084	1033	13	13	CD
32027	1084	1034	,	,	,
32027	1084	1035	14	14	CD
32027	1084	1036	Debits	debit	NNS
32027	1084	1037	,	,	,
32027	1084	1038	15	15	CD
32027	1084	1039	-	-	SYM
32027	1084	1040	18	18	CD
32027	1084	1041	Demand	demand	NN
32027	1084	1042	in	in	IN
32027	1084	1043	foreign	foreign	JJ
32027	1084	1044	exchange	exchange	NN
32027	1084	1045	,	,	,
32027	1084	1046	33	33	CD
32027	1084	1047	,	,	,
32027	1084	1048	34	34	CD
32027	1084	1049	Deposits	deposit	NNS
32027	1084	1050	,	,	,
32027	1084	1051	2	2	CD
32027	1084	1052	-	-	SYM
32027	1084	1053	4	4	CD
32027	1084	1054	Depositors	Depositors	NNPS
32027	1084	1055	,	,	,
32027	1084	1056	mutual	mutual	JJ
32027	1084	1057	insurance	insurance	NN
32027	1084	1058	of	of	IN
32027	1084	1059	,	,	,
32027	1084	1060	60	60	CD
32027	1084	1061	-	-	SYM
32027	1084	1062	62	62	CD
32027	1084	1063	Discount	discount	NN
32027	1084	1064	,	,	,
32027	1084	1065	defined	define	VBN
32027	1084	1066	,	,	,
32027	1084	1067	14	14	CD
32027	1084	1068	;	;	:
32027	1084	1069	loans	loan	NNS
32027	1084	1070	and	and	CC
32027	1084	1071	discounts	discount	NNS
32027	1084	1072	,	,	,
32027	1084	1073	selection	selection	NN
32027	1084	1074	of	of	IN
32027	1084	1075	,	,	,
32027	1084	1076	40	40	CD
32027	1084	1077	-	-	SYM
32027	1084	1078	43	43	CD
32027	1084	1079	;	;	:
32027	1084	1080	loans	loan	NNS
32027	1084	1081	and	and	CC
32027	1084	1082	rates	rate	NNS
32027	1084	1083	,	,	,
32027	1084	1084	44	44	CD
32027	1084	1085	;	;	:
32027	1084	1086	operation	operation	NN
32027	1084	1087	of	of	IN
32027	1084	1088	,	,	,
32027	1084	1089	13	13	CD
32027	1084	1090	;	;	:
32027	1084	1091	rate	rate	NN
32027	1084	1092	,	,	,
32027	1084	1093	Canadian	canadian	JJ
32027	1084	1094	,	,	,
32027	1084	1095	128	128	CD
32027	1084	1096	,	,	,
32027	1084	1097	129	129	CD
32027	1084	1098	;	;	:
32027	1084	1099	bank	bank	NN
32027	1084	1100	of	of	IN
32027	1084	1101	England	England	NNP
32027	1084	1102	,	,	,
32027	1084	1103	108	108	CD
32027	1084	1104	;	;	:
32027	1084	1105	bank	bank	NN
32027	1084	1106	of	of	IN
32027	1084	1107	France	France	NNP
32027	1084	1108	,	,	,
32027	1084	1109	113	113	CD
32027	1084	1110	;	;	:
32027	1084	1111	reserve	reserve	NN
32027	1084	1112	system	system	NN
32027	1084	1113	,	,	,
32027	1084	1114	95	95	CD
32027	1084	1115	,	,	,
32027	1084	1116	97	97	CD
32027	1084	1117	;	;	:
32027	1084	1118	stopped	stop	VBD
32027	1084	1119	,	,	,
32027	1084	1120	30	30	CD
32027	1084	1121	Discounted	discount	VBN
32027	1084	1122	paper	paper	NN
32027	1084	1123	,	,	,
32027	1084	1124	14	14	CD
32027	1084	1125	,	,	,
32027	1084	1126	15	15	CD
32027	1084	1127	,	,	,
32027	1084	1128	17	17	CD
32027	1084	1129	-	-	SYM
32027	1084	1130	19	19	CD
32027	1084	1131	,	,	,
32027	1084	1132	55	55	CD
32027	1084	1133	Documented	document	VBN
32027	1084	1134	bill	bill	NN
32027	1084	1135	of	of	IN
32027	1084	1136	exchange	exchange	NN
32027	1084	1137	,	,	,
32027	1084	1138	42	42	CD
32027	1084	1139	Domestic	domestic	JJ
32027	1084	1140	exchange	exchange	NN
32027	1084	1141	,	,	,
32027	1084	1142	25	25	CD
32027	1084	1143	Drafts	Drafts	NNP
32027	1084	1144	,	,	,
32027	1084	1145	16	16	CD
32027	1084	1146	,	,	,
32027	1084	1147	27	27	CD
32027	1084	1148	,	,	,
32027	1084	1149	28	28	CD
32027	1084	1150	;	;	:
32027	1084	1151	foreign	foreign	JJ
32027	1084	1152	payments	payment	NNS
32027	1084	1153	,	,	,
32027	1084	1154	31	31	CD
32027	1084	1155	England	England	NNP
32027	1084	1156	,	,	,
32027	1084	1157	bank	bank	NN
32027	1084	1158	of	of	IN
32027	1084	1159	,	,	,
32027	1084	1160	9	9	CD
32027	1084	1161	,	,	,
32027	1084	1162	104	104	CD
32027	1084	1163	-	-	SYM
32027	1084	1164	111	111	CD
32027	1084	1165	;	;	:
32027	1084	1166	banking	banking	NN
32027	1084	1167	system	system	NN
32027	1084	1168	,	,	,
32027	1084	1169	104	104	CD
32027	1084	1170	-	-	SYM
32027	1084	1171	111	111	CD
32027	1084	1172	;	;	,
32027	1084	1173	foreign	foreign	JJ
32027	1084	1174	and	and	CC
32027	1084	1175	colonial	colonial	JJ
32027	1084	1176	,	,	,
32027	1084	1177	108	108	CD
32027	1084	1178	;	;	:
32027	1084	1179	joint	joint	JJ
32027	1084	1180	stock	stock	NN
32027	1084	1181	banks	bank	NNS
32027	1084	1182	,	,	,
32027	1084	1183	106	106	CD
32027	1084	1184	;	;	:
32027	1084	1185	metropolitan	metropolitan	NNP
32027	1084	1186	,	,	,
32027	1084	1187	107	107	CD
32027	1084	1188	;	;	:
32027	1084	1189	private	private	JJ
32027	1084	1190	,	,	,
32027	1084	1191	108	108	CD
32027	1084	1192	;	;	:
32027	1084	1193	provincial	provincial	JJ
32027	1084	1194	,	,	,
32027	1084	1195	107	107	CD
32027	1084	1196	;	;	:
32027	1084	1197	reserve	reserve	NN
32027	1084	1198	system	system	NN
32027	1084	1199	,	,	,
32027	1084	1200	108	108	CD
32027	1084	1201	Europe	Europe	NNP
32027	1084	1202	,	,	,
32027	1084	1203	commercial	commercial	JJ
32027	1084	1204	banking	banking	NN
32027	1084	1205	in	in	IN
32027	1084	1206	,	,	,
32027	1084	1207	101	101	CD
32027	1084	1208	-	-	SYM
32027	1084	1209	126	126	CD
32027	1084	1210	;	;	:
32027	1084	1211	central	central	JJ
32027	1084	1212	banks	bank	NNS
32027	1084	1213	of	of	IN
32027	1084	1214	,	,	,
32027	1084	1215	101	101	CD
32027	1084	1216	-	-	SYM
32027	1084	1217	126	126	CD
32027	1084	1218	;	;	:
32027	1084	1219	land	land	NN
32027	1084	1220	banks	bank	NNS
32027	1084	1221	,	,	,
32027	1084	1222	147	147	CD
32027	1084	1223	-	-	SYM
32027	1084	1224	163	163	CD
32027	1084	1225	European	european	JJ
32027	1084	1226	investment	investment	NN
32027	1084	1227	banking	banking	NN
32027	1084	1228	machinery	machinery	NN
32027	1084	1229	,	,	,
32027	1084	1230	166	166	CD
32027	1084	1231	Exchange	Exchange	NNP
32027	1084	1232	operations	operation	NNS
32027	1084	1233	,	,	,
32027	1084	1234	11	11	CD
32027	1084	1235	-	-	SYM
32027	1084	1236	13	13	CD
32027	1084	1237	;	;	:
32027	1084	1238	checks	check	NNS
32027	1084	1239	,	,	,
32027	1084	1240	22	22	CD
32027	1084	1241	-	-	SYM
32027	1084	1242	24	24	CD
32027	1084	1243	;	;	:
32027	1084	1244	domestic	domestic	JJ
32027	1084	1245	,	,	,
32027	1084	1246	25	25	CD
32027	1084	1247	-	-	SYM
32027	1084	1248	31	31	CD
32027	1084	1249	;	;	,
32027	1084	1250	foreign	foreign	JJ
32027	1084	1251	,	,	,
32027	1084	1252	31	31	CD
32027	1084	1253	-	-	SYM
32027	1084	1254	34	34	CD
32027	1084	1255	Federal	Federal	NNP
32027	1084	1256	Reserve	Reserve	NNP
32027	1084	1257	Banks	Banks	NNPS
32027	1084	1258	,	,	,
32027	1084	1259	98	98	CD
32027	1084	1260	-	-	SYM
32027	1084	1261	100	100	CD
32027	1084	1262	;	;	:
32027	1084	1263	Federal	Federal	NNP
32027	1084	1264	Reserve	Reserve	NNP
32027	1084	1265	Board	Board	NNP
32027	1084	1266	,	,	,
32027	1084	1267	99	99	CD
32027	1084	1268	,	,	,
32027	1084	1269	100	100	CD
32027	1084	1270	Foncier	Foncier	NNP
32027	1084	1271	Algierienne	Algierienne	NNP
32027	1084	1272	,	,	,
32027	1084	1273	162	162	CD
32027	1084	1274	Foreign	foreign	JJ
32027	1084	1275	exchange	exchange	NN
32027	1084	1276	,	,	,
32027	1084	1277	31	31	CD
32027	1084	1278	-	-	SYM
32027	1084	1279	34	34	CD
32027	1084	1280	;	;	:
32027	1084	1281	_	_	NNP
32027	1084	1282	par	par	NN
32027	1084	1283	of	of	IN
32027	1084	1284	_	_	NNP
32027	1084	1285	,	,	,
32027	1084	1286	31	31	CD
32027	1084	1287	,	,	,
32027	1084	1288	32	32	CD
32027	1084	1289	;	;	:
32027	1084	1290	classes	class	NNS
32027	1084	1291	of	of	IN
32027	1084	1292	bills	bill	NNS
32027	1084	1293	used	use	VBN
32027	1084	1294	,	,	,
32027	1084	1295	33	33	CD
32027	1084	1296	France	France	NNP
32027	1084	1297	,	,	,
32027	1084	1298	bank	bank	NN
32027	1084	1299	of	of	IN
32027	1084	1300	,	,	,
32027	1084	1301	9	9	CD
32027	1084	1302	,	,	,
32027	1084	1303	111	111	CD
32027	1084	1304	-	-	SYM
32027	1084	1305	115	115	CD
32027	1084	1306	French	french	JJ
32027	1084	1307	banking	banking	NN
32027	1084	1308	system	system	NN
32027	1084	1309	,	,	,
32027	1084	1310	111	111	CD
32027	1084	1311	-	-	SYM
32027	1084	1312	119	119	CD
32027	1084	1313	German	german	JJ
32027	1084	1314	banking	banking	NN
32027	1084	1315	system	system	NN
32027	1084	1316	,	,	,
32027	1084	1317	119	119	CD
32027	1084	1318	-	-	SYM
32027	1084	1319	126	126	CD
32027	1084	1320	;	;	:
32027	1084	1321	hypothekenaktienbanken	hypothekenaktienbanken	NN
32027	1084	1322	,	,	,
32027	1084	1323	151	151	CD
32027	1084	1324	,	,	,
32027	1084	1325	152	152	CD
32027	1084	1326	;	;	:
32027	1084	1327	investment	investment	NN
32027	1084	1328	banking	banking	NN
32027	1084	1329	machinery	machinery	NN
32027	1084	1330	,	,	,
32027	1084	1331	166	166	CD
32027	1084	1332	;	;	:
32027	1084	1333	land	land	NN
32027	1084	1334	and	and	CC
32027	1084	1335	mortgage	mortgage	NN
32027	1084	1336	banks	bank	NNS
32027	1084	1337	,	,	,
32027	1084	1338	147	147	CD
32027	1084	1339	-	-	SYM
32027	1084	1340	161	161	CD
32027	1084	1341	;	;	:
32027	1084	1342	landschaften	landschaften	NNP
32027	1084	1343	,	,	,
32027	1084	1344	147	147	CD
32027	1084	1345	-	-	SYM
32027	1084	1346	149	149	CD
32027	1084	1347	;	;	:
32027	1084	1348	Schulze	Schulze	NNP
32027	1084	1349	-	-	HYPH
32027	1084	1350	Delitzsch	Delitzsch	NNP
32027	1084	1351	,	,	,
32027	1084	1352	153	153	CD
32027	1084	1353	-	-	SYM
32027	1084	1354	162	162	CD
32027	1084	1355	;	;	:
32027	1084	1356	Raiffeisen	Raiffeisen	NNP
32027	1084	1357	,	,	,
32027	1084	1358	156	156	CD
32027	1084	1359	-	-	SYM
32027	1084	1360	162	162	CD
32027	1084	1361	Germany	Germany	NNP
32027	1084	1362	,	,	,
32027	1084	1363	bank	bank	NN
32027	1084	1364	of	of	IN
32027	1084	1365	,	,	,
32027	1084	1366	9	9	CD
32027	1084	1367	,	,	,
32027	1084	1368	119	119	CD
32027	1084	1369	-	-	SYM
32027	1084	1370	123	123	CD
32027	1084	1371	Gold	gold	NN
32027	1084	1372	element	element	NN
32027	1084	1373	of	of	IN
32027	1084	1374	currency	currency	NN
32027	1084	1375	,	,	,
32027	1084	1376	5	5	CD
32027	1084	1377	,	,	,
32027	1084	1378	96	96	CD
32027	1084	1379	;	;	:
32027	1084	1380	points	point	NNS
32027	1084	1381	,	,	,
32027	1084	1382	32	32	CD
32027	1084	1383	,	,	,
32027	1084	1384	33	33	CD
32027	1084	1385	;	;	:
32027	1084	1386	and	and	CC
32027	1084	1387	silver	silver	NN
32027	1084	1388	coin	coin	NN
32027	1084	1389	in	in	IN
32027	1084	1390	England	England	NNP
32027	1084	1391	,	,	,
32027	1084	1392	105	105	CD
32027	1084	1393	,	,	,
32027	1084	1394	106	106	CD
32027	1084	1395	;	;	:
32027	1084	1396	in	in	IN
32027	1084	1397	France	France	NNP
32027	1084	1398	,	,	,
32027	1084	1399	113	113	CD
32027	1084	1400	;	;	:
32027	1084	1401	Canada	Canada	NNP
32027	1084	1402	,	,	,
32027	1084	1403	133	133	CD
32027	1084	1404	Incorporation	incorporation	NN
32027	1084	1405	,	,	,
32027	1084	1406	7	7	CD
32027	1084	1407	;	;	:
32027	1084	1408	should	should	MD
32027	1084	1409	be	be	VB
32027	1084	1410	required	require	VBN
32027	1084	1411	,	,	,
32027	1084	1412	66	66	CD
32027	1084	1413	Independent	independent	JJ
32027	1084	1414	treasury	treasury	NN
32027	1084	1415	system	system	NN
32027	1084	1416	,	,	,
32027	1084	1417	75	75	CD
32027	1084	1418	-	-	SYM
32027	1084	1419	78	78	CD
32027	1084	1420	Inflation	inflation	NN
32027	1084	1421	,	,	,
32027	1084	1422	49	49	CD
32027	1084	1423	-	-	SYM
32027	1084	1424	53	53	CD
32027	1084	1425	,	,	,
32027	1084	1426	56	56	CD
32027	1084	1427	-	-	SYM
32027	1084	1428	59	59	CD
32027	1084	1429	;	;	:
32027	1084	1430	of	of	IN
32027	1084	1431	credit	credit	NN
32027	1084	1432	,	,	,
32027	1084	1433	87	87	CD
32027	1084	1434	Inspection	inspection	NN
32027	1084	1435	of	of	IN
32027	1084	1436	banks	bank	NNS
32027	1084	1437	,	,	,
32027	1084	1438	59	59	CD
32027	1084	1439	,	,	,
32027	1084	1440	60	60	CD
32027	1084	1441	Insurance	Insurance	NNP
32027	1084	1442	,	,	,
32027	1084	1443	mutual	mutual	JJ
32027	1084	1444	of	of	IN
32027	1084	1445	depositors	depositor	NNS
32027	1084	1446	,	,	,
32027	1084	1447	60	60	CD
32027	1084	1448	,	,	,
32027	1084	1449	62	62	CD
32027	1084	1450	Investment	investment	NN
32027	1084	1451	,	,	,
32027	1084	1452	banking	banking	NN
32027	1084	1453	,	,	,
32027	1084	1454	136	136	CD
32027	1084	1455	-	-	SYM
32027	1084	1456	170	170	CD
32027	1084	1457	;	;	:
32027	1084	1458	commercial	commercial	JJ
32027	1084	1459	paper	paper	NN
32027	1084	1460	,	,	,
32027	1084	1461	41	41	CD
32027	1084	1462	,	,	,
32027	1084	1463	42	42	CD
32027	1084	1464	;	;	:
32027	1084	1465	confined	confine	VBN
32027	1084	1466	to	to	IN
32027	1084	1467	liquid	liquid	JJ
32027	1084	1468	securities	security	NNS
32027	1084	1469	,	,	,
32027	1084	1470	52	52	CD
32027	1084	1471	;	;	:
32027	1084	1472	defects	defect	NNS
32027	1084	1473	in	in	IN
32027	1084	1474	machinery	machinery	NN
32027	1084	1475	,	,	,
32027	1084	1476	166	166	CD
32027	1084	1477	;	;	:
32027	1084	1478	improvement	improvement	NN
32027	1084	1479	of	of	IN
32027	1084	1480	machinery	machinery	NN
32027	1084	1481	,	,	,
32027	1084	1482	170	170	CD
32027	1084	1483	;	;	:
32027	1084	1484	paper	paper	NN
32027	1084	1485	,	,	,
32027	1084	1486	18	18	CD
32027	1084	1487	,	,	,
32027	1084	1488	35	35	CD
32027	1084	1489	,	,	,
32027	1084	1490	41	41	CD
32027	1084	1491	,	,	,
32027	1084	1492	55	55	CD
32027	1084	1493	;	;	:
32027	1084	1494	of	of	IN
32027	1084	1495	surplus	surplus	JJ
32027	1084	1496	funds	fund	NNS
32027	1084	1497	,	,	,
32027	1084	1498	3	3	CD
32027	1084	1499	Italy	Italy	NNP
32027	1084	1500	,	,	,
32027	1084	1501	land	land	NN
32027	1084	1502	banks	bank	NNS
32027	1084	1503	,	,	,
32027	1084	1504	162	162	CD
32027	1084	1505	,	,	,
32027	1084	1506	163	163	CD
32027	1084	1507	Joint	joint	JJ
32027	1084	1508	-	-	HYPH
32027	1084	1509	stock	stock	NN
32027	1084	1510	mortgage	mortgage	NN
32027	1084	1511	banks	bank	NNS
32027	1084	1512	,	,	,
32027	1084	1513	169	169	CD
32027	1084	1514	;	;	:
32027	1084	1515	English	english	JJ
32027	1084	1516	joint	joint	JJ
32027	1084	1517	-	-	HYPH
32027	1084	1518	stock	stock	NN
32027	1084	1519	banks	bank	NNS
32027	1084	1520	,	,	,
32027	1084	1521	106	106	CD
32027	1084	1522	;	;	:
32027	1084	1523	German	german	JJ
32027	1084	1524	,	,	,
32027	1084	1525	151	151	CD
32027	1084	1526	-	-	SYM
32027	1084	1527	159	159	CD
32027	1084	1528	Kansas	Kansas	NNP
32027	1084	1529	"	"	''
32027	1084	1530	blue	blue	JJ
32027	1084	1531	sky	sky	NN
32027	1084	1532	laws	law	NNS
32027	1084	1533	,	,	,
32027	1084	1534	"	"	''
32027	1084	1535	146	146	CD
32027	1084	1536	Land	Land	NNP
32027	1084	1537	banks	bank	NNS
32027	1084	1538	,	,	,
32027	1084	1539	147	147	CD
32027	1084	1540	-	-	SYM
32027	1084	1541	163	163	CD
32027	1084	1542	Letters	letter	NNS
32027	1084	1543	of	of	IN
32027	1084	1544	credit	credit	NN
32027	1084	1545	,	,	,
32027	1084	1546	21	21	CD
32027	1084	1547	"	"	``
32027	1084	1548	Line	Line	NNP
32027	1084	1549	"	"	''
32027	1084	1550	of	of	IN
32027	1084	1551	credit	credit	NN
32027	1084	1552	,	,	,
32027	1084	1553	16	16	CD
32027	1084	1554	,	,	,
32027	1084	1555	85	85	CD
32027	1084	1556	,	,	,
32027	1084	1557	86	86	CD
32027	1084	1558	Liquidation	liquidation	NN
32027	1084	1559	,	,	,
32027	1084	1560	forced	force	VBN
32027	1084	1561	,	,	,
32027	1084	1562	19	19	CD
32027	1084	1563	,	,	,
32027	1084	1564	88	88	CD
32027	1084	1565	;	;	:
32027	1084	1566	of	of	IN
32027	1084	1567	credits	credit	NNS
32027	1084	1568	,	,	,
32027	1084	1569	49	49	CD
32027	1084	1570	,	,	,
32027	1084	1571	50	50	CD
32027	1084	1572	;	;	:
32027	1084	1573	protection	protection	NN
32027	1084	1574	against	against	IN
32027	1084	1575	,	,	,
32027	1084	1576	52	52	CD
32027	1084	1577	Liquid	liquid	JJ
32027	1084	1578	securities	security	NNS
32027	1084	1579	,	,	,
32027	1084	1580	53	53	CD
32027	1084	1581	Loan	loan	NN
32027	1084	1582	operations	operation	NNS
32027	1084	1583	,	,	,
32027	1084	1584	85	85	CD
32027	1084	1585	-	-	SYM
32027	1084	1586	88	88	CD
32027	1084	1587	Loans	Loans	NNPS
32027	1084	1588	,	,	,
32027	1084	1589	2	2	CD
32027	1084	1590	,	,	,
32027	1084	1591	3	3	CD
32027	1084	1592	,	,	,
32027	1084	1593	15	15	CD
32027	1084	1594	,	,	,
32027	1084	1595	86	86	CD
32027	1084	1596	;	;	:
32027	1084	1597	and	and	CC
32027	1084	1598	discounts	discount	NNS
32027	1084	1599	,	,	,
32027	1084	1600	selection	selection	NN
32027	1084	1601	of	of	IN
32027	1084	1602	,	,	,
32027	1084	1603	40	40	CD
32027	1084	1604	-	-	SYM
32027	1084	1605	43	43	CD
32027	1084	1606	;	;	:
32027	1084	1607	Canadian	canadian	JJ
32027	1084	1608	system	system	NN
32027	1084	1609	,	,	,
32027	1084	1610	128	128	CD
32027	1084	1611	,	,	,
32027	1084	1612	129	129	CD
32027	1084	1613	;	;	,
32027	1084	1614	fluctuations	fluctuation	NNS
32027	1084	1615	,	,	,
32027	1084	1616	97	97	CD
32027	1084	1617	;	;	:
32027	1084	1618	German	german	JJ
32027	1084	1619	land	land	NN
32027	1084	1620	bank	bank	NN
32027	1084	1621	,	,	,
32027	1084	1622	147	147	CD
32027	1084	1623	-	-	SYM
32027	1084	1624	162	162	CD
32027	1084	1625	;	;	:
32027	1084	1626	in	in	IN
32027	1084	1627	the	the	DT
32027	1084	1628	interest	interest	NN
32027	1084	1629	of	of	IN
32027	1084	1630	big	big	JJ
32027	1084	1631	business	business	NN
32027	1084	1632	,	,	,
32027	1084	1633	167	167	CD
32027	1084	1634	;	;	,
32027	1084	1635	limits	limit	NNS
32027	1084	1636	to	to	IN
32027	1084	1637	,	,	,
32027	1084	1638	52	52	CD
32027	1084	1639	,	,	,
32027	1084	1640	55	55	CD
32027	1084	1641	;	;	:
32027	1084	1642	long	long	JJ
32027	1084	1643	-	-	HYPH
32027	1084	1644	term	term	NN
32027	1084	1645	,	,	,
32027	1084	1646	2	2	CD
32027	1084	1647	;	;	:
32027	1084	1648	pernicious	pernicious	JJ
32027	1084	1649	practice	practice	NN
32027	1084	1650	of	of	IN
32027	1084	1651	national	national	JJ
32027	1084	1652	banks	bank	NNS
32027	1084	1653	,	,	,
32027	1084	1654	83	83	CD
32027	1084	1655	;	;	:
32027	1084	1656	and	and	CC
32027	1084	1657	reserve	reserve	NN
32027	1084	1658	system	system	NN
32027	1084	1659	,	,	,
32027	1084	1660	95	95	CD
32027	1084	1661	;	;	:
32027	1084	1662	short	short	JJ
32027	1084	1663	term	term	NN
32027	1084	1664	,	,	,
32027	1084	1665	2	2	CD
32027	1084	1666	Local	local	JJ
32027	1084	1667	banking	banking	NN
32027	1084	1668	,	,	,
32027	1084	1669	62	62	CD
32027	1084	1670	,	,	,
32027	1084	1671	63	63	CD
32027	1084	1672	London	London	NNP
32027	1084	1673	stock	stock	NN
32027	1084	1674	exchange	exchange	NN
32027	1084	1675	,	,	,
32027	1084	1676	165	165	CD
32027	1084	1677	Mints	mint	NNS
32027	1084	1678	,	,	,
32027	1084	1679	5	5	CD
32027	1084	1680	Monetary	Monetary	NNP
32027	1084	1681	commission	commission	NN
32027	1084	1682	,	,	,
32027	1084	1683	97	97	CD
32027	1084	1684	,	,	,
32027	1084	1685	98	98	CD
32027	1084	1686	Money	money	NN
32027	1084	1687	of	of	IN
32027	1084	1688	the	the	DT
32027	1084	1689	United	United	NNP
32027	1084	1690	States	States	NNP
32027	1084	1691	,	,	,
32027	1084	1692	95	95	CD
32027	1084	1693	Mortgage	mortgage	NN
32027	1084	1694	banks	bank	NNS
32027	1084	1695	,	,	,
32027	1084	1696	169	169	CD
32027	1084	1697	;	;	:
32027	1084	1698	France	France	NNP
32027	1084	1699	,	,	,
32027	1084	1700	160	160	CD
32027	1084	1701	-	-	SYM
32027	1084	1702	162	162	CD
32027	1084	1703	;	;	:
32027	1084	1704	Germany	Germany	NNP
32027	1084	1705	,	,	,
32027	1084	1706	148	148	CD
32027	1084	1707	-	-	SYM
32027	1084	1708	163	163	CD
32027	1084	1709	;	;	:
32027	1084	1710	Italy	Italy	NNP
32027	1084	1711	,	,	,
32027	1084	1712	162	162	CD
32027	1084	1713	;	;	:
32027	1084	1714	mortgage	mortgage	NN
32027	1084	1715	bonds	bond	NNS
32027	1084	1716	,	,	,
32027	1084	1717	169	169	CD
32027	1084	1718	;	;	:
32027	1084	1719	mortgage	mortgage	NN
32027	1084	1720	loans	loan	NNS
32027	1084	1721	,	,	,
32027	1084	1722	long	long	JJ
32027	1084	1723	period	period	NN
32027	1084	1724	,	,	,
32027	1084	1725	167	167	CD
32027	1084	1726	Municipal	municipal	JJ
32027	1084	1727	banks	bank	NNS
32027	1084	1728	,	,	,
32027	1084	1729	139	139	CD
32027	1084	1730	National	national	JJ
32027	1084	1731	banks	bank	NNS
32027	1084	1732	,	,	,
32027	1084	1733	8	8	CD
32027	1084	1734	,	,	,
32027	1084	1735	9	9	CD
32027	1084	1736	,	,	,
32027	1084	1737	54	54	CD
32027	1084	1738	,	,	,
32027	1084	1739	70	70	CD
32027	1084	1740	-	-	SYM
32027	1084	1741	75	75	CD
32027	1084	1742	,	,	,
32027	1084	1743	80	80	CD
32027	1084	1744	,	,	,
32027	1084	1745	82	82	CD
32027	1084	1746	;	;	:
32027	1084	1747	federal	federal	NNP
32027	1084	1748	reserve	reserve	NNP
32027	1084	1749	,	,	,
32027	1084	1750	98	98	CD
32027	1084	1751	,	,	,
32027	1084	1752	99	99	CD
32027	1084	1753	;	;	:
32027	1084	1754	money	money	NN
32027	1084	1755	in	in	IN
32027	1084	1756	vaults	vault	NNS
32027	1084	1757	,	,	,
32027	1084	1758	91	91	CD
32027	1084	1759	;	;	:
32027	1084	1760	notes	note	NNS
32027	1084	1761	,	,	,
32027	1084	1762	96	96	CD
32027	1084	1763	;	;	:
32027	1084	1764	pernicious	pernicious	JJ
32027	1084	1765	loan	loan	NN
32027	1084	1766	practices	practice	NNS
32027	1084	1767	,	,	,
32027	1084	1768	83	83	CD
32027	1084	1769	;	;	,
32027	1084	1770	subscribed	subscribe	VBN
32027	1084	1771	to	to	IN
32027	1084	1772	federal	federal	NNP
32027	1084	1773	reserve	reserve	NNP
32027	1084	1774	banks	bank	NNS
32027	1084	1775	,	,	,
32027	1084	1776	98	98	CD
32027	1084	1777	National	National	NNP
32027	1084	1778	Reserve	Reserve	NNP
32027	1084	1779	Association	Association	NNP
32027	1084	1780	,	,	,
32027	1084	1781	98	98	CD
32027	1084	1782	New	New	NNP
32027	1084	1783	York	York	NNP
32027	1084	1784	City	City	NNP
32027	1084	1785	,	,	,
32027	1084	1786	assay	assay	NNP
32027	1084	1787	office	office	NNP
32027	1084	1788	,	,	,
32027	1084	1789	81	81	CD
32027	1084	1790	;	;	:
32027	1084	1791	central	central	NNP
32027	1084	1792	reserve	reserve	NNP
32027	1084	1793	bank	bank	NNP
32027	1084	1794	,	,	,
32027	1084	1795	78	78	CD
32027	1084	1796	;	;	:
32027	1084	1797	clearing	clearing	NN
32027	1084	1798	center	center	NN
32027	1084	1799	,	,	,
32027	1084	1800	24	24	CD
32027	1084	1801	,	,	,
32027	1084	1802	80	80	CD
32027	1084	1803	,	,	,
32027	1084	1804	81	81	CD
32027	1084	1805	;	;	:
32027	1084	1806	stock	stock	NN
32027	1084	1807	exchange	exchange	NN
32027	1084	1808	,	,	,
32027	1084	1809	81	81	CD
32027	1084	1810	,	,	,
32027	1084	1811	82	82	CD
32027	1084	1812	,	,	,
32027	1084	1813	92	92	CD
32027	1084	1814	,	,	,
32027	1084	1815	165	165	CD
32027	1084	1816	Notes	Notes	NNPS
32027	1084	1817	,	,	,
32027	1084	1818	bank	bank	NN
32027	1084	1819	,	,	,
32027	1084	1820	19	19	CD
32027	1084	1821	-	-	SYM
32027	1084	1822	21	21	CD
32027	1084	1823	;	;	:
32027	1084	1824	central	central	JJ
32027	1084	1825	banks	bank	NNS
32027	1084	1826	of	of	IN
32027	1084	1827	Europe	Europe	NNP
32027	1084	1828	and	and	CC
32027	1084	1829	supply	supply	NN
32027	1084	1830	of	of	IN
32027	1084	1831	,	,	,
32027	1084	1832	102	102	CD
32027	1084	1833	;	;	:
32027	1084	1834	Canadian	Canadian	NNP
32027	1084	1835	,	,	,
32027	1084	1836	126	126	CD
32027	1084	1837	-	-	SYM
32027	1084	1838	133	133	CD
32027	1084	1839	;	;	:
32027	1084	1840	bank	bank	NN
32027	1084	1841	of	of	IN
32027	1084	1842	England	England	NNP
32027	1084	1843	,	,	,
32027	1084	1844	105	105	CD
32027	1084	1845	;	;	:
32027	1084	1846	of	of	IN
32027	1084	1847	France	France	NNP
32027	1084	1848	,	,	,
32027	1084	1849	117	117	CD
32027	1084	1850	,	,	,
32027	1084	1851	118	118	CD
32027	1084	1852	;	;	:
32027	1084	1853	of	of	IN
32027	1084	1854	Germany	Germany	NNP
32027	1084	1855	,	,	,
32027	1084	1856	121	121	CD
32027	1084	1857	;	;	:
32027	1084	1858	issue	issue	NN
32027	1084	1859	of	of	IN
32027	1084	1860	,	,	,
32027	1084	1861	19	19	CD
32027	1084	1862	-	-	SYM
32027	1084	1863	21	21	CD
32027	1084	1864	;	;	:
32027	1084	1865	issue	issue	NN
32027	1084	1866	privileges	privilege	NNS
32027	1084	1867	,	,	,
32027	1084	1868	37	37	CD
32027	1084	1869	,	,	,
32027	1084	1870	38	38	CD
32027	1084	1871	;	;	:
32027	1084	1872	government	government	NN
32027	1084	1873	,	,	,
32027	1084	1874	39	39	CD
32027	1084	1875	;	;	:
32027	1084	1876	limitation	limitation	NN
32027	1084	1877	of	of	IN
32027	1084	1878	issue	issue	NN
32027	1084	1879	,	,	,
32027	1084	1880	58	58	CD
32027	1084	1881	;	;	:
32027	1084	1882	promissory	promissory	JJ
32027	1084	1883	notes	note	NNS
32027	1084	1884	,	,	,
32027	1084	1885	43	43	CD
32027	1084	1886	;	;	:
32027	1084	1887	regulations	regulation	NNS
32027	1084	1888	regarding	regard	VBG
32027	1084	1889	,	,	,
32027	1084	1890	52	52	CD
32027	1084	1891	;	;	:
32027	1084	1892	safeguarding	safeguard	VBG
32027	1084	1893	issue	issue	NN
32027	1084	1894	,	,	,
32027	1084	1895	56	56	CD
32027	1084	1896	;	;	:
32027	1084	1897	volume	volume	NN
32027	1084	1898	of	of	IN
32027	1084	1899	United	United	NNP
32027	1084	1900	States	States	NNP
32027	1084	1901	,	,	,
32027	1084	1902	96	96	CD
32027	1084	1903	Oklahoma	Oklahoma	NNP
32027	1084	1904	,	,	,
32027	1084	1905	mutual	mutual	JJ
32027	1084	1906	insurance	insurance	NN
32027	1084	1907	plan	plan	NN
32027	1084	1908	,	,	,
32027	1084	1909	60	60	CD
32027	1084	1910	Overdrafts	Overdrafts	NNPS
32027	1084	1911	,	,	,
32027	1084	1912	16	16	CD
32027	1084	1913	"	"	``
32027	1084	1914	Panicky	panicky	JJ
32027	1084	1915	"	"	''
32027	1084	1916	conditions	condition	NNS
32027	1084	1917	and	and	CC
32027	1084	1918	feeling	feeling	NN
32027	1084	1919	,	,	,
32027	1084	1920	94	94	CD
32027	1084	1921	,	,	,
32027	1084	1922	95	95	CD
32027	1084	1923	,	,	,
32027	1084	1924	97	97	CD
32027	1084	1925	Par	Par	NNP
32027	1084	1926	of	of	IN
32027	1084	1927	exchange	exchange	NN
32027	1084	1928	,	,	,
32027	1084	1929	31	31	CD
32027	1084	1930	,	,	,
32027	1084	1931	32	32	CD
32027	1084	1932	Paris	Paris	NNP
32027	1084	1933	stock	stock	NN
32027	1084	1934	exchange	exchange	NN
32027	1084	1935	,	,	,
32027	1084	1936	165	165	CD
32027	1084	1937	Passbook	Passbook	NNP
32027	1084	1938	,	,	,
32027	1084	1939	15	15	CD
32027	1084	1940	,	,	,
32027	1084	1941	16	16	CD
32027	1084	1942	Postal	postal	JJ
32027	1084	1943	savings	saving	NNS
32027	1084	1944	banks	bank	NNS
32027	1084	1945	,	,	,
32027	1084	1946	139	139	CD
32027	1084	1947	,	,	,
32027	1084	1948	141	141	CD
32027	1084	1949	Promissory	promissory	JJ
32027	1084	1950	notes	note	NNS
32027	1084	1951	,	,	,
32027	1084	1952	12	12	CD
32027	1084	1953	,	,	,
32027	1084	1954	14	14	CD
32027	1084	1955	,	,	,
32027	1084	1956	19	19	CD
32027	1084	1957	-	-	SYM
32027	1084	1958	22	22	CD
32027	1084	1959	,	,	,
32027	1084	1960	43	43	CD
32027	1084	1961	Prior	prior	RB
32027	1084	1962	lien	lien	NN
32027	1084	1963	,	,	,
32027	1084	1964	on	on	IN
32027	1084	1965	assets	asset	NNS
32027	1084	1966	,	,	,
32027	1084	1967	56	56	CD
32027	1084	1968	,	,	,
32027	1084	1969	58	58	CD
32027	1084	1970	Protection	protection	NN
32027	1084	1971	against	against	IN
32027	1084	1972	unsound	unsound	JJ
32027	1084	1973	practices	practice	NNS
32027	1084	1974	of	of	IN
32027	1084	1975	banks	bank	NNS
32027	1084	1976	,	,	,
32027	1084	1977	46	46	CD
32027	1084	1978	-	-	SYM
32027	1084	1979	52	52	CD
32027	1084	1980	;	;	:
32027	1084	1981	59	59	CD
32027	1084	1982	-	-	SYM
32027	1084	1983	61	61	CD
32027	1084	1984	Publicity	Publicity	NNP
32027	1084	1985	,	,	,
32027	1084	1986	a	a	DT
32027	1084	1987	safeguard	safeguard	NN
32027	1084	1988	,	,	,
32027	1084	1989	59	59	CD
32027	1084	1990	Rate	rate	NN
32027	1084	1991	of	of	IN
32027	1084	1992	discount	discount	NN
32027	1084	1993	,	,	,
32027	1084	1994	law	law	NN
32027	1084	1995	in	in	IN
32027	1084	1996	France	France	NNP
32027	1084	1997	,	,	,
32027	1084	1998	118	118	CD
32027	1084	1999	;	;	:
32027	1084	2000	of	of	IN
32027	1084	2001	exchange	exchange	NN
32027	1084	2002	,	,	,
32027	1084	2003	26	26	CD
32027	1084	2004	,	,	,
32027	1084	2005	27	27	CD
32027	1084	2006	Rates	rate	NNS
32027	1084	2007	,	,	,
32027	1084	2008	44	44	CD
32027	1084	2009	-	-	SYM
32027	1084	2010	46	46	CD
32027	1084	2011	;	;	:
32027	1084	2012	raising	raise	VBG
32027	1084	2013	on	on	IN
32027	1084	2014	loans	loan	NNS
32027	1084	2015	and	and	CC
32027	1084	2016	discounts	discount	NNS
32027	1084	2017	,	,	,
32027	1084	2018	29	29	CD
32027	1084	2019	Real	real	JJ
32027	1084	2020	estate	estate	NN
32027	1084	2021	and	and	CC
32027	1084	2022	banks	bank	NNS
32027	1084	2023	,	,	,
32027	1084	2024	52	52	CD
32027	1084	2025	Reserve	Reserve	NNP
32027	1084	2026	banks	bank	NNS
32027	1084	2027	,	,	,
32027	1084	2028	Federal	Federal	NNP
32027	1084	2029	,	,	,
32027	1084	2030	98	98	CD
32027	1084	2031	-	-	SYM
32027	1084	2032	100	100	CD
32027	1084	2033	;	;	:
32027	1084	2034	central	central	NNP
32027	1084	2035	reserve	reserve	NNP
32027	1084	2036	,	,	,
32027	1084	2037	78	78	CD
32027	1084	2038	;	;	:
32027	1084	2039	cities	city	NNS
32027	1084	2040	,	,	,
32027	1084	2041	24	24	CD
32027	1084	2042	,	,	,
32027	1084	2043	78	78	CD
32027	1084	2044	Reserves	Reserves	NNPS
32027	1084	2045	,	,	,
32027	1084	2046	administration	administration	NN
32027	1084	2047	of	of	IN
32027	1084	2048	funds	fund	NNS
32027	1084	2049	,	,	,
32027	1084	2050	100	100	CD
32027	1084	2051	;	;	:
32027	1084	2052	bank	bank	NN
32027	1084	2053	,	,	,
32027	1084	2054	35	35	CD
32027	1084	2055	;	;	:
32027	1084	2056	English	english	JJ
32027	1084	2057	system	system	NN
32027	1084	2058	,	,	,
32027	1084	2059	108	108	CD
32027	1084	2060	-	-	SYM
32027	1084	2061	110	110	CD
32027	1084	2062	;	;	:
32027	1084	2063	in	in	IN
32027	1084	2064	national	national	JJ
32027	1084	2065	banks	bank	NNS
32027	1084	2066	,	,	,
32027	1084	2067	73	73	CD
32027	1084	2068	;	;	:
32027	1084	2069	operations	operation	NNS
32027	1084	2070	of	of	IN
32027	1084	2071	system	system	NN
32027	1084	2072	,	,	,
32027	1084	2073	91	91	CD
32027	1084	2074	-	-	HYPH
32027	1084	2075	94	94	CD
32027	1084	2076	;	;	:
32027	1084	2077	regulations	regulation	NNS
32027	1084	2078	regarding	regard	VBG
32027	1084	2079	,	,	,
32027	1084	2080	52	52	CD
32027	1084	2081	,	,	,
32027	1084	2082	54	54	CD
32027	1084	2083	;	;	:
32027	1084	2084	secondary	secondary	JJ
32027	1084	2085	,	,	,
32027	1084	2086	35	35	CD
32027	1084	2087	-	-	SYM
32027	1084	2088	40	40	CD
32027	1084	2089	;	;	:
32027	1084	2090	in	in	IN
32027	1084	2091	state	state	NN
32027	1084	2092	banks	bank	NNS
32027	1084	2093	,	,	,
32027	1084	2094	69	69	CD
32027	1084	2095	;	;	:
32027	1084	2096	in	in	IN
32027	1084	2097	country	country	NN
32027	1084	2098	banks	bank	NNS
32027	1084	2099	,	,	,
32027	1084	2100	73	73	CD
32027	1084	2101	Safety	Safety	NNP
32027	1084	2102	,	,	,
32027	1084	2103	in	in	IN
32027	1084	2104	savings	saving	NNS
32027	1084	2105	banks	bank	NNS
32027	1084	2106	,	,	,
32027	1084	2107	140	140	CD
32027	1084	2108	;	;	:
32027	1084	2109	fund	fund	NN
32027	1084	2110	,	,	,
32027	1084	2111	56	56	CD
32027	1084	2112	,	,	,
32027	1084	2113	57	57	CD
32027	1084	2114	Savings	saving	NNS
32027	1084	2115	banks	bank	NNS
32027	1084	2116	,	,	,
32027	1084	2117	6	6	CD
32027	1084	2118	,	,	,
32027	1084	2119	9	9	CD
32027	1084	2120	;	;	:
32027	1084	2121	defined	define	VBN
32027	1084	2122	,	,	,
32027	1084	2123	139	139	CD
32027	1084	2124	Saving	saving	NN
32027	1084	2125	and	and	CC
32027	1084	2126	saving	save	VBG
32027	1084	2127	institutions	institution	NNS
32027	1084	2128	,	,	,
32027	1084	2129	136	136	CD
32027	1084	2130	-	-	SYM
32027	1084	2131	141	141	CD
32027	1084	2132	Secretary	Secretary	NNP
32027	1084	2133	of	of	IN
32027	1084	2134	the	the	DT
32027	1084	2135	Treasury	Treasury	NNP
32027	1084	2136	and	and	CC
32027	1084	2137	surplus	surplus	JJ
32027	1084	2138	funds	fund	NNS
32027	1084	2139	,	,	,
32027	1084	2140	88	88	CD
32027	1084	2141	-	-	SYM
32027	1084	2142	90	90	CD
32027	1084	2143	Securities	security	NNS
32027	1084	2144	,	,	,
32027	1084	2145	dealings	dealing	NNS
32027	1084	2146	in	in	IN
32027	1084	2147	the	the	DT
32027	1084	2148	stock	stock	NN
32027	1084	2149	exchange	exchange	NN
32027	1084	2150	,	,	,
32027	1084	2151	163	163	CD
32027	1084	2152	,	,	,
32027	1084	2153	164	164	CD
32027	1084	2154	Security	security	NN
32027	1084	2155	,	,	,
32027	1084	2156	liquid	liquid	NN
32027	1084	2157	,	,	,
32027	1084	2158	53	53	CD
32027	1084	2159	Silver	silver	NN
32027	1084	2160	dollars	dollar	NNS
32027	1084	2161	,	,	,
32027	1084	2162	96	96	CD
32027	1084	2163	Sixty	sixty	CD
32027	1084	2164	-	-	HYPH
32027	1084	2165	day	day	NN
32027	1084	2166	bills	bill	NNS
32027	1084	2167	in	in	IN
32027	1084	2168	foreign	foreign	JJ
32027	1084	2169	exchange	exchange	NN
32027	1084	2170	,	,	,
32027	1084	2171	33	33	CD
32027	1084	2172	,	,	,
32027	1084	2173	34	34	CD
32027	1084	2174	Société	Société	NNP
32027	1084	2175	Algerienne	Algerienne	NNP
32027	1084	2176	,	,	,
32027	1084	2177	114	114	CD
32027	1084	2178	Société	Société	NNP
32027	1084	2179	Generale	Generale	NNP
32027	1084	2180	,	,	,
32027	1084	2181	115	115	CD
32027	1084	2182	,	,	,
32027	1084	2183	116	116	CD
32027	1084	2184	State	State	NNP
32027	1084	2185	banks	bank	NNS
32027	1084	2186	,	,	,
32027	1084	2187	9	9	CD
32027	1084	2188	,	,	,
32027	1084	2189	68	68	CD
32027	1084	2190	-	-	SYM
32027	1084	2191	70	70	CD
32027	1084	2192	,	,	,
32027	1084	2193	79	79	CD
32027	1084	2194	,	,	,
32027	1084	2195	82	82	CD
32027	1084	2196	;	;	:
32027	1084	2197	and	and	CC
32027	1084	2198	Federal	Federal	NNP
32027	1084	2199	reserve	reserve	NN
32027	1084	2200	,	,	,
32027	1084	2201	99	99	CD
32027	1084	2202	St.	St.	NNP
32027	1084	2203	Louis	Louis	NNP
32027	1084	2204	,	,	,
32027	1084	2205	central	central	NNP
32027	1084	2206	reserve	reserve	NNP
32027	1084	2207	bank	bank	NNP
32027	1084	2208	,	,	,
32027	1084	2209	78	78	CD
32027	1084	2210	;	;	:
32027	1084	2211	clearing	clearing	NN
32027	1084	2212	center	center	NN
32027	1084	2213	,	,	,
32027	1084	2214	24	24	CD
32027	1084	2215	Stock	Stock	NNP
32027	1084	2216	exchanges	exchange	NNS
32027	1084	2217	,	,	,
32027	1084	2218	163	163	CD
32027	1084	2219	-	-	SYM
32027	1084	2220	166	166	CD
32027	1084	2221	Stockholders	Stockholders	NNPS
32027	1084	2222	,	,	,
32027	1084	2223	liability	liability	NN
32027	1084	2224	of	of	IN
32027	1084	2225	,	,	,
32027	1084	2226	46	46	CD
32027	1084	2227	-	-	SYM
32027	1084	2228	48	48	CD
32027	1084	2229	Surplus	Surplus	NNP
32027	1084	2230	,	,	,
32027	1084	2231	17	17	CD
32027	1084	2232	,	,	,
32027	1084	2233	47	47	CD
32027	1084	2234	Trade	Trade	NNP
32027	1084	2235	or	or	CC
32027	1084	2236	mercantile	mercantile	NN
32027	1084	2237	bills	bill	NNS
32027	1084	2238	,	,	,
32027	1084	2239	34	34	CD
32027	1084	2240	Treasury	Treasury	NNP
32027	1084	2241	of	of	IN
32027	1084	2242	the	the	DT
32027	1084	2243	United	United	NNP
32027	1084	2244	States	States	NNP
32027	1084	2245	,	,	,
32027	1084	2246	75	75	CD
32027	1084	2247	-	-	SYM
32027	1084	2248	78	78	CD
32027	1084	2249	;	;	:
32027	1084	2250	operations	operation	NNS
32027	1084	2251	,	,	,
32027	1084	2252	88	88	CD
32027	1084	2253	-	-	SYM
32027	1084	2254	90	90	CD
32027	1084	2255	Trust	Trust	NNP
32027	1084	2256	companies	company	NNS
32027	1084	2257	,	,	,
32027	1084	2258	9	9	CD
32027	1084	2259	,	,	,
32027	1084	2260	141	141	CD
32027	1084	2261	-	-	SYM
32027	1084	2262	144	144	CD
32027	1084	2263	Trustee	Trustee	NNP
32027	1084	2264	banks	bank	NNS
32027	1084	2265	,	,	,
32027	1084	2266	139	139	CD
32027	1084	2267	United	United	NNP
32027	1084	2268	States	States	NNP
32027	1084	2269	,	,	,
32027	1084	2270	notes	note	NNS
32027	1084	2271	,	,	,
32027	1084	2272	volume	volume	NN
32027	1084	2273	of	of	IN
32027	1084	2274	,	,	,
32027	1084	2275	96	96	CD
32027	1084	2276	;	;	:
32027	1084	2277	subtreasury	subtreasury	NN
32027	1084	2278	,	,	,
32027	1084	2279	80	80	CD
32027	1084	2280	,	,	,
32027	1084	2281	81	81	CD
32027	1084	2282	;	;	:
32027	1084	2283	treasury	treasury	NNP
32027	1084	2284	,	,	,
32027	1084	2285	75	75	CD
32027	1084	2286	-	-	SYM
32027	1084	2287	78	78	CD
32027	1084	2288	Units	unit	NNS
32027	1084	2289	of	of	IN
32027	1084	2290	value	value	NN
32027	1084	2291	and	and	CC
32027	1084	2292	foreign	foreign	JJ
32027	1084	2293	exchange	exchange	NN
32027	1084	2294	,	,	,
32027	1084	2295	31	31	CD
32027	1084	2296	Vouchers	voucher	NNS
32027	1084	2297	,	,	,
32027	1084	2298	23	23	CD
32027	1084	2299	Wisconsin	Wisconsin	NNP
32027	1084	2300	,	,	,
32027	1084	2301	regulation	regulation	NN
32027	1084	2302	laws	law	NNS
32027	1084	2303	,	,	,
32027	1084	2304	146	146	CD
32027	1084	2305	The	the	DT
32027	1084	2306	National	National	NNP
32027	1084	2307	Social	Social	NNP
32027	1084	2308	Science	Science	NNP
32027	1084	2309	Series	Series	NNP
32027	1084	2310	_	_	NNP
32027	1084	2311	Edited	edit	VBN
32027	1084	2312	by	by	IN
32027	1084	2313	Frank	Frank	NNP
32027	1084	2314	L.	L.	NNP
32027	1084	2315	McVey	McVey	NNP
32027	1084	2316	,	,	,
32027	1084	2317	Ph.D.	ph.d.	NN
32027	1084	2318	,	,	,
32027	1084	2319	LL.D.	LL.D.	NNP
32027	1084	2320	,	,	,
32027	1084	2321	_	_	NNP
32027	1084	2322	_	_	NNP
32027	1084	2323	President	President	NNP
32027	1084	2324	of	of	IN
32027	1084	2325	the	the	DT
32027	1084	2326	_	_	NNP
32027	1084	2327	_	_	NNP
32027	1084	2328	University	University	NNP
32027	1084	2329	of	of	IN
32027	1084	2330	North	North	NNP
32027	1084	2331	Dakota	Dakota	NNP
32027	1084	2332	_	_	NNP
32027	1084	2333	Now	now	RB
32027	1084	2334	Ready	ready	JJ
32027	1084	2335	MONEY	money	NN
32027	1084	2336	.	.	.
32027	1085	1	WILLIAM	WILLIAM	NNP
32027	1085	2	A.	A.	NNP
32027	1085	3	SCOTT	SCOTT	NNP
32027	1085	4	,	,	,
32027	1085	5	Director	Director	NNP
32027	1085	6	of	of	IN
32027	1085	7	the	the	DT
32027	1085	8	Course	course	NN
32027	1085	9	in	in	IN
32027	1085	10	Commerce	Commerce	NNP
32027	1085	11	,	,	,
32027	1085	12	and	and	CC
32027	1085	13	Professor	Professor	NNP
32027	1085	14	of	of	IN
32027	1085	15	Political	Political	NNP
32027	1085	16	Economy	Economy	NNP
32027	1085	17	,	,	,
32027	1085	18	University	University	NNP
32027	1085	19	of	of	IN
32027	1085	20	Wisconsin	Wisconsin	NNP
32027	1085	21	TAXATION	TAXATION	NNP
32027	1085	22	.	.	.
32027	1086	1	C.	C.	NNP
32027	1086	2	B.	B.	NNP
32027	1086	3	FILLEBROWN	FILLEBROWN	NNP
32027	1086	4	,	,	,
32027	1086	5	President	President	NNP
32027	1086	6	Massachusetts	Massachusetts	NNP
32027	1086	7	Single	Single	NNP
32027	1086	8	Tax	Tax	NNP
32027	1086	9	League	League	NNP
32027	1086	10	,	,	,
32027	1086	11	Author	Author	NNP
32027	1086	12	of	of	IN
32027	1086	13	_	_	NNP
32027	1086	14	A	A	NNP
32027	1086	15	B	B	NNP
32027	1086	16	C	C	NNP
32027	1086	17	of	of	IN
32027	1086	18	Taxation	Taxation	NNP
32027	1086	19	_	_	NNP
32027	1086	20	THE	the	DT
32027	1086	21	FAMILY	FAMILY	NNP
32027	1086	22	AND	and	CC
32027	1086	23	SOCIETY	SOCIETY	NNP
32027	1086	24	.	.	.
32027	1087	1	JOHN	JOHN	NNP
32027	1087	2	M.	M.	NNP
32027	1087	3	GILLETTE	GILLETTE	NNP
32027	1087	4	,	,	,
32027	1087	5	Professor	Professor	NNP
32027	1087	6	of	of	IN
32027	1087	7	Sociology	Sociology	NNP
32027	1087	8	,	,	,
32027	1087	9	University	University	NNP
32027	1087	10	of	of	IN
32027	1087	11	North	North	NNP
32027	1087	12	Dakota	Dakota	NNP
32027	1087	13	BANKING	BANKING	NNP
32027	1087	14	.	.	.
32027	1088	1	WILLIAM	WILLIAM	NNP
32027	1088	2	A.	A.	NNP
32027	1088	3	SCOTT	SCOTT	NNP
32027	1088	4	In	in	IN
32027	1088	5	Preparation	Preparation	NNP
32027	1088	6	THE	the	DT
32027	1088	7	CITY	CITY	NNP
32027	1088	8	.	.	.
32027	1089	1	HENRY	HENRY	NNP
32027	1089	2	C.	C.	NNP
32027	1089	3	WRIGHT	WRIGHT	NNP
32027	1089	4	TRUSTS	TRUSTS	NNP
32027	1089	5	AND	and	CC
32027	1089	6	COMPETITION	COMPETITION	NNP
32027	1089	7	.	.	.
32027	1090	1	JOHN	JOHN	NNP
32027	1090	2	F.	F.	NNP
32027	1090	3	CROWELL	CROWELL	VBD
32027	1090	4	THE	the	DT
32027	1090	5	COST	COST	NNS
32027	1090	6	OF	of	IN
32027	1090	7	LIVING	living	NN
32027	1090	8	.	.	.
32027	1091	1	WALTER	WALTER	NNP
32027	1091	2	E.	E.	NNP
32027	1091	3	CLARK	CLARK	NNP
32027	1091	4	STATISTICS	STATISTICS	NNP
32027	1091	5	.	.	.
32027	1092	1	W.	W.	NNP
32027	1092	2	B.	B.	NNP
32027	1092	3	BAILEY	BAILEY	NNP
32027	1092	4	BASIS	BASIS	NNP
32027	1092	5	OF	of	IN
32027	1092	6	COMMERCE	COMMERCE	NNP
32027	1092	7	.	.	.
32027	1093	1	E.	E.	NNP
32027	1093	2	V.	V.	NNP
32027	1093	3	ROBINSON	ROBINSON	NNP
32027	1093	4	PUBLIC	PUBLIC	NNS
32027	1093	5	FINANCE	finance	NN
32027	1093	6	.	.	.
32027	1094	1	CARL	CARL	NNP
32027	1094	2	C.	C.	NNP
32027	1094	3	PLEHN	PLEHN	NNP
32027	1094	4	Each	each	DT
32027	1094	5	,	,	,
32027	1094	6	Fifty	Fifty	NNP
32027	1094	7	Cents	Cents	NNPS
32027	1094	8	Net	Net	NNP
32027	1094	9	A.	A.	NNP
32027	1094	10	C.	C.	NNP
32027	1094	11	McCLURG	McCLURG	NNP
32027	1094	12	&	&	CC
32027	1094	13	CO	CO	NNP
32027	1094	14	.	.	NNP
32027	1094	15	,	,	,
32027	1094	16	PUBLISHERS	PUBLISHERS	NNP
32027	1094	17	,	,	,
32027	1094	18	CHICAGO	CHICAGO	NNP