The Principles and Practice of Banking |
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Page 10
... advantage , and they performed it by appointing certain persons , furnished with a competent quantity of gold and silver coins , in London and other towns , to be the only exchangers of money , at the following rate : -When these royal ...
... advantage , and they performed it by appointing certain persons , furnished with a competent quantity of gold and silver coins , in London and other towns , to be the only exchangers of money , at the following rate : -When these royal ...
Page 15
... advantage , unless the persons who lend a sum are allowed a certain premium for the use of their money , as a compensation for the risk which they run in permitting another to traffic with their stock . This premium is fixed by law in ...
... advantage , unless the persons who lend a sum are allowed a certain premium for the use of their money , as a compensation for the risk which they run in permitting another to traffic with their stock . This premium is fixed by law in ...
Page 18
... advantage usual in such cases , by picking out or culling the heaviest , and melting them down and exporting them ... advantages to themselves . " After the Restoration , King Charles II . being in want of money , the bankers took ten ...
... advantage usual in such cases , by picking out or culling the heaviest , and melting them down and exporting them ... advantages to themselves . " After the Restoration , King Charles II . being in want of money , the bankers took ten ...
Page 20
... advantage but by placing it out at interest in the hands of a banker . Hence , not merchants only , but widows , orphans , and others , became suddenly deprived of the whole of their property . They came in crowds to the bankers , but ...
... advantage but by placing it out at interest in the hands of a banker . Hence , not merchants only , but widows , orphans , and others , became suddenly deprived of the whole of their property . They came in crowds to the bankers , but ...
Page 21
... advantages that would accrue from such a measure ; they said it would rescue the nation out of the hands of extortioners and usurers , lower interest , raise the value of land , revive and establish public credit , extend the ...
... advantages that would accrue from such a measure ; they said it would rescue the nation out of the hands of extortioners and usurers , lower interest , raise the value of land , revive and establish public credit , extend the ...
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Common terms and phrases
accepter accommodation bills advances amount of notes balance bank notes Bank of England Bank of Ireland Bank of Scotland banking company banking department banks of issue bill or note bills of exchange branch bank branches brokers bullion called capital cash credit cent charter cheque clerks commercial committee country bankers currency customers debit debt demand deposit accounts deposits directors dividends drawn duties employed England notes establishment exchequer bills favour foreign funds give Government securities governor and company hands hence holder increase indorsed invested issue department issue notes issue of notes joint-stock banks keep liabilities loans London bankers manager ment merchants months notice occasion operations paid party payable payment person principle private banks produce profit promissory notes public companies rate of interest received seasons of pressure shareholders speculation stamp Steady & Co trade transactions usually