Mr. RO LlNS. I renew the amendment to the amendment. I have stated the condition of our banks in 1864, and the amount of their loans, which were $1, 332, 984 85 less than the aggregate of their capital, circulation, and deposits. On the 1st day of April 1866, we had 39 national banks organized under the national bank law, with a capital of $4, 735,000, and an authorized circulation of $4,171,500, though at that time but $3,326,591 of that cir culation had been issued. Now, what are the available means of our State? In 1862 we had a capacity to loan to the people more than $8,000,000, and in 1864 more than $0,000,000. And now what can the national banks organized under the bank law loan to the people of NewHampshire? There is a banking capital of $4, 735,000, all loaned to the national Government to start with. The largest possible circulation under that capital, 90%., will be $4, 261, 600, or an ng regat eofcapital and circulation of $8,096, 500. ‘0 obtain this circulation they must hold government bonds to the amount of $4, 735,000. To enable part of the banks to become government depositaries they have deposited $550,000 as a bond. They must reserve 15%. of their circulation, or $300, 225. All these sums added together make $5,024, 225, which, deducted from the $8, 906, 500, leaves the available amount of banking facilities afforded to the people of NewHampshire $3,072, 275, against$9 271, 39154in 1864, and $8, 168, 977 42 in 1862. I do not here allow an thing to the ability of the banks to accommodate the people on account of deposits, because in 1864the cans were only about 250,000 dollars larger than the amount of their capital stock an circulation, when nearly all the banks had a surplus of capital stock. It is quite probable the excess of loans above the whole amount of ca ital and circulation was nearly equaled by thls surplus. The national banks being so recentl. but in operation have but a small accumu ated surplus. Thus, it would seem, the ability of the banks to make loans cannot be much more than the amount of ca ital and circulation.