In this manner the currency, while sustaining its quality, has been vastly expanded; in order that the precise foreign money (counting checks) circulating in the United States to-day is probably one hundred instances what it was in 1845. Banks and the usage of checks additionally save the loss of gold arising from shipwreck and other accident, and, by storing it quietly in vaults, save the loss by abrasion which would occur if it were actually used in business. Fifty years since comparatively l...