Note 98 — Chapter XVII
Reading edition
[Owing to the growth of deposit banking among the farming classes, the increasing diversification of industry in the agricultural States, Sub-treasury operations, and the offer of remunerative rates of interest on loans in New York during the fall, the net autumnal currency movement since 1907 has frequently been to New York. See E. M. Patterson, Certain Changes in New York's Position as a Financial Center, Journal of Political Economy. Vol. XXI, June, 1913, pp. 523-539.]