Part 41 (2/2)

--1. Where were the first banks? and whence is the name derived?

--2. By what authority are our banks established? How is the capital stock raised?

--3. How do business men deposit and draw out their money?

--4. What is a _certificate of deposit_? How is it made transferable? and convertible into money?

--5. Describe the manner of transmitting money through banks.

--6. How are banks repaid? What is saved to business men by this mode of remittance?

--7. Describe the operation of lending money by a bank.

--8. Describe a bank bill. What if a bank is unable to redeem its bills?

How are bill-holders secured against loss?

--9. What is the nature of the free banking system?

--10. How does this law provide for the security of bill-holders?

--11. What is the business of insurance companies? What do they insure?

Define _policy-premium_.

--12. Of what consist the profits of stock insurance companies? Show this by an example.

--13. How are companies enabled to fix proper rates of insurance? Is all property insured at the same rate? Why not?

--14. Describe the character of mutual insurance companies. How is money raised for paying losses?

Chapter XXV.

--1. What preparation is made for the public defense? What does the word _militia_ include?

--2. For what other purpose may portions of the militia be wanted? Define _insurrection_ and _rebellion_.

--3. Who are liable to do military service? Who are exempt by the laws of the states generally?

--4. Who by the laws of the United States?

--5. What military authority have the governors and the president? Why have they this power?

--6. How are persons dealt with for non-attendance and delinquency at parades?

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