Page A Poorly Drawn Cheque 7 A Carefully Drawn Cheque 8 A Cheque Drawn so as to Insure Payment to Proper Party 9 A Cheque Payable to Order 11 A Blank Indorsement 11 A Cheque Made to Obtain Money for Immediate Use 13 A Certified Cheque 14 A Cheque for the Purchase of a Draft 16 A Bank Draft 17 Ordinary Form of Promissory Note 18 A Promissory Note Filled Out in an Engraved Blank 19 A Special Form for a Promissory Note 20 The Advantages of the Clearing-house System 22 The Route of a Cheque 24 Backs of Two Paid Cheques 25 A Sight Draft Developed from Letter 27 A Sight Draft 28 An Accepted Ten-day Sight Draft 28 An Accepted Sight Draft 29 A Time Draft 29 Foreign Exchange 32 A Bill of Exchange (Private) 35 A Bill of Exchange (Banker's) 36 First Page of a Letter of Credit 38 Second Page of a Letter of Credit 40 A Certificate of Stock in a National Bank 42 A Certificate of Stock in a Manufacturing Company 43 A Protest 48 A Private Bond 55 A Shipping Receipt ("Original") 60 A Steamship Bill of Lading 61 A Local Waybill 62

London the Natural Centre of the World's Trade 72 British Mercantile Marine 74 London Bridge 76 The Coal-fields of England 80 The Manchester Ship Canal 84 The Great Manufacturing Districts of England 88 France Compared in Size with the States of Illinois and Texas 95 Street Scene in Paris, Showing the Bourse 97 Approximate Size of the German Empire 104 North Central Germany, Showing the Ship Canal and the Leading Commercial Centres 109 Spain Compared in Size with California 113 Italy and its Chief Commercial Centres 117 Russia, the British Empire, and the United States Compared 121 Moscow 127 Comparative Sizes of India and the United States 133 China and its Chief Trade Centres 145 Japan's Relation to Eastern Asia 155 The Partition of Africa 159 Australia 171 The Most Prosperous Part of South America 183 Trade Centres of Canada and Trunk Railway Lines 192 Export Trade of United States and Great Britain Compared 198 United States Manufactures and Internal Trade Compared with the Manufactures and Internal Trade of all Other Countries 199 Principal Articles of Domestic Exports of the United States 205

The Bank of England 216 Showing Cheque Raised from $7.50 to $70.50 241 A Certified Cheque 244 A Bank Draft 245 A Bill of Exchange 246 Illustrating Cheque Collections 252 A Mercantile Agency Inquiry Form 259 Specimens of Interest Coupons 266 Judge Thomas M. Cooley, First Chairman of the Interstate Commerce Commission 287 The Paris Bourse 289 Interior View of New York Stock Exchange 290