There is a tax of two per cent on any other currency than that of the United States which the banks may handle; and you cannot dispose of such currency in any bank of the United States. It may go into the hands of the merchants on the frontier who have facilities for sending it over to Canada for redemption; but the use of Canadian currency in the United States is rendered impossible by the discrimination against its use by the laws of the land. This is a matter of no importance, however, and had it not been that the hon. gentleman called me down rather summarily for my ignorance on the subject, I would have had nothing to say in regard to it. I hare one suggestion, not of any great importance, which I would like to submit to the Finance Minister, that is, as to the name of these notes. Instead of calling them notes of the Dominion of Canada, which is simply the corporate name of the union of our various provinces, it would be simpler and probably just as well to drop the word ' Dominion,' and designate them as the notes of Canada. I make this suggestion for what it is worth.
Subtopic: SECURITY FOR DOMINION NOTES.