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The Value of Money

Note 405 — Chapter XIX

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Vide Rodney Dean, of the Fifth Avenue Bank, New York, "The Problem of Collecting Transit Items," Journal of the American Bankers' Association, Jan. 1914, p. 537. Boston inaugurated the system in 1890-1900; Kansas City five years later. Since the above was written, I have learned that New York, in recent months, has introduced the new system. This does not affect our argument regarding the figures for 1909.

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