Currency and BankingH. S. King, 1876 - 176 pagini |
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Pagina 56
... crisis , borrowers do not take away their loans in bank - notes ; they receive authority from the lending bank to draw cheques upon it , which are settled at the Clearing House without any cash passing . The Bank of England never has ...
... crisis , borrowers do not take away their loans in bank - notes ; they receive authority from the lending bank to draw cheques upon it , which are settled at the Clearing House without any cash passing . The Bank of England never has ...
Pagina 71
... crisis . This exception would not have occurred had the line stood then where it does now , at fifteen millions . The demonstration is complete that the Act does not restrict . It does not diminish by a single pound the quantity of bank ...
... crisis . This exception would not have occurred had the line stood then where it does now , at fifteen millions . The demonstration is complete that the Act does not restrict . It does not diminish by a single pound the quantity of bank ...
Pagina 72
... crisis in the money - market is a matter of alarm ; wild uncertainty , -who is solvent ? and who is going to fail ? -terrifies every merchant and every banker . What so natural , then , as the conviction that bank - notes gushing forth ...
... crisis in the money - market is a matter of alarm ; wild uncertainty , -who is solvent ? and who is going to fail ? -terrifies every merchant and every banker . What so natural , then , as the conviction that bank - notes gushing forth ...
Pagina 73
... crisis of 1866 : - " The panic was at its height at mid - day . Shortly before one o'clock the second editions of the daily papers announced that the Bank Act was suspended . A salutary change be- came possible , and the crowds in the ...
... crisis of 1866 : - " The panic was at its height at mid - day . Shortly before one o'clock the second editions of the daily papers announced that the Bank Act was suspended . A salutary change be- came possible , and the crowds in the ...
Pagina 74
... crisis was not at an end . " How could it ? The suspension did not give a note more to the agonised borrowers than they would have had without it . Helpless terror and unreasoning ignorance could not farther go . Restriction and ...
... crisis was not at an end . " How could it ? The suspension did not give a note more to the agonised borrowers than they would have had without it . Helpless terror and unreasoning ignorance could not farther go . Restriction and ...
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Termeni și expresii frecvente
Bank Charter Act Bank of England bank-notes Bank's banker BONAMY PRICE borrowers bought capital cash cheques and bills circulation coin commodity consumed convertible corn Cornhill Library creditor crisis Crown 8vo debtor debts demand Demy 8vo depositors doctrine English fact farmer Fcap fifteen millions France Frontispiece give gold Government Henry Illustrations inconvertible International Scientific Series Issue Department issuer King and Co.'s legal tender lend lent Library of Fiction LL.D loans LOMBARD STREET loss means ment metal money market nation notes obtain paid panic paper currency paper dollar payment Poems Portrait Post 8vo pound procure Prof Professor profit purchase quantity railway rate of discount receive reserve ROBIN GRAY Second Edition securities sell seller shillings Small crown 8vo sold sovereign Stoke Bishop Stopford Brooke suspension thing Third Edition tion tool of exchange trade Translated University of Erlangen vols Volume wealth word worth
Pasaje populare
Pagina 30 - Memoriam." (Dedicated by Permission to the Poet-Laureate.) Fcap. 8vo, 2s. The Education of the Human Race. Translated from the German of GOTTHOLD EPHRAIM LESSING. Fcap. 8vo, 2s.
Pagina 17 - XVIII. The Nature of Light: With a General Account of Physical Optics.
Pagina 34 - STEVENSON (Rev. WF). Hymns for the Church and Home. Selected and Edited by the Rev. W. Fleming Stevenson. The most complete Hymn Book published. The Hymn Book consists of Three Parts : — I.
Pagina 34 - ... HOME. Selected and Edited by the Rev. W. Fleming Stevenson. The most complete Hymn Book published. The Hymn Book consists of Three Parts : — I. For Public Worship. — II. For Family and Private Worship. — III. For Children. *»* Published in various forms and prices, the latter ranging from 8d.
Pagina 41 - YOUMANS (Eliza A.). An Essay on the Culture of the Observing Powers of Children, especially in connection with the Study of Botany. Edited, with Notes and a Supplement, by Joseph Payne, FCP, Author of " Lectures on the Science and Art of Education,
Pagina 23 - LORIMER (Peter), DD John Knox and the Church of England: His Work in her Pulpit, and his Influence upon her Liturgy, Articles, and Parties. Demy 8vo. Cloth, price 12*.
Pagina 4 - Effie's Game; How She Lost and How She Won. A Novel, 2 vols. Cloth. CLERK (Mrs. Godfrey). 'Ham en Nas. Historical Tales and Anecdotes of the Times of the Early Khalifahs. Translated from the Arabic Originals. Illustrated with Historical and Explanatory Notes. Crown 8vo. Cloth, price CLERY (C.), Capt.
Pagina 27 - PELLETAN (E.). The Desert Pastor, Jean Jarousseau. Translated from the French. By Colonel EP De L'Hoste. With a Frontispiece. New Edition. Fcap. 8vo. Cloth, price 3*. 6d. PENNELL (H. Cholmondeley). Pegasus Resaddled. By the Author of " Puck on Pegasus,
Pagina 6 - God's Providence House. By Mrs. GL Banks. For Lack of Gold. By Charles Gibbon. Abel Drake's Wife. By John Saunders. Hirell. By John Saunders. CORY (Lieut. Col. Arthur). The Eastern Menace ; or, Shadows of Coming Events. Crown 8vo. Cloth, price 5$.
Pagina 13 - HELLWALD (Baron F. von). The Russians in Central Asia. A Critical Examination, down to the present time, of the Geography and History of Central Asia.