(a
weekly paper), and a copy sent to every prize winner. This paper was
published by the Government and every voter was free to subscribe for
it without cost, but no advertisements were allowed in it. It published
the work of every department of the Government and all bills approved
by Parliament, and all laws recommended by the Parliament for whilst
the Parliament could approve and legalize all Government expenditures,
it could only recommend by a two-thirds vote the amending or creating
of any acts pertaining to the Political, Civil and Penal Codes, which
had to go before the people at the next general election, when they
became the law of the land by a two-thirds vote of the qualified voters
who took part in the election, and had a universal circulation, as the
Government owned and operated all railways, telegraphs, teleposts,
telephones, wireless telegraphy stations and levees, all water power,
steamers and boats for freight and passenger service, and, in fact, all
public utilities.

Besides, the Government manufactured and sold all liquors, tobaccos,
drugs, teas, salt, sugar, coals, petroleum, lumber, iron in pigs and
steel in plates and bars. It is easy to see that the Bank of Eurasia
transacted an immense volume of business daily.

The bank coined gold in denominations of fifty dollars, twenty dollars,
ten dollars and five dollars; silver in dollar, fifty and
twenty-five-cent pieces; nickel in ten-cent and five-cent pieces, and
aluminum in one-cent pieces. All money coined with ten per cent. alloy
and at bullion value. The coinage was readjusted every ten years and
silver, nickel and aluminum coins were exchanged for gold at their face
value. The Government issued banknotes drawing two per cent. a year,
and loaned money on land and on goods in the Government warehouses and
conducted a fire insurance business, but no insurance was paid on any
property that was insured in the building where the fire broke out, and
on no buildings that were not fireproof. No life insurance was allowed
and no corporation or individual was allowed to carry on an insurance
business and no person was permitted to insure property or life in the
country in any foreign corporation, and no stock exchanges or gambling
in futures were allowed.

The Bank of Eurasia published every month in the National Gazette the
amount of money on hand, so that the people might know when it was
necessary for the Government to make a new issue of banknote