The history, principles and practice of banking, revised by A.S. Michie, Volume 1 |
Common terms and phrases
accommodation bills advances agents amount of gold amount of notes balance balance-sheet bank notes Bank of England Bank of Ireland bank of issue Bank of Scotland banking company Belfast Bills Discounted bills of exchange branches bullion called capital Cash Account cash column cash credit cashiers cent charge charter cheques clearing bankers Clearing-House clerks committee country banks country circulation currency current accounts customers Day-Book debts deposit accounts directors dividends duties effect entered entry establishment Exchequer failure funds General-Ledger Glasgow Bank Government hand Head Office House increase interest issue notes joint-stock banks Ledger liability limited London bankers loss Majesty's Government manager ment notes in circulation operations paid panic partners party passed payable payment persons private banks profit promissory notes Provincial Bank received respect returns Scotch banks securities shareholders small notes tion trade transactions Ulster Bank
Popular passages
Page 72 - This great increase of the quantity of work which, in consequence of the division of labour, the same number of people are capable of performing, is owing to three different circumstances; first, to the increase of dexterity in every particular workman; secondly, to the saving of the time which is commonly lost in passing from one species of work to another ; and lastly, to the invention of a great number of machines which facilitate and abridge labour, and enable one man to do the work of many.
Page 140 - Misdemeanour, and being convicted thereof, shall be liable, at the Discretion of the Court, to be transported beyond the Seas for any Term not exceeding Fourteen Years nor less than Seven Years, or to suffer such other Punishment by Fine or Imprisonment, or by both, as the Court shall award...
Page 96 - Canada, in equal annual instalments from the date hereof, with interest at the rate of per cent per annum on the terms and in the amounts specified in the coupons attached hereto.
Page 142 - ... against this Act in respect of any act done by him, if he shall at any time previously to his being indicted for such offence have disclosed such act, on oath, in consequence of any compulsory process of any court of law or equity in any action, suit, or proceeding which shall have been bond fide instituted by any party aggrieved, or if he shall have disclosed the same in any examination or deposition before any Commissioners of bankruptcy.
Page 73 - When the human hand, or the human head, has been for some time occupied in any kind of work, it cannot instantly change its employment with full effect. The muscles of the limbs employed have acquired a flexibility during their exertion, and those not in action a stiffness during rest, which renders every change slow and unequal in the commencement. Long habit also produces in the muscles exercised a capacity for enduring fatigue to a much greater degree than they could support under other circumstances.
Page 3 - ... first, the agreeableness or disagreeableness of the employments themselves; secondly, the easiness and cheapness, or the difficulty and expense of learning them; thirdly, the constancy or inconstancy of employment in them; fourthly, the small or great trust which must be reposed in those who exercise them; and, fifthly, the probability or improbability of success in them.
Page 249 - That no dividend shall at any time be made by the said Governor and Company, save only out of the interest, profit, or produce arising by or out of the said capital stock, or fund, or by such dealing as is allowed by Act of Parliament.
Page 145 - ... borrow, owe, or take up in England, any sum or sums of money on their bills or notes payable on demand, or at any less time than six months from the borrowing thereof...