The principles and practice of banking |
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Page 23
The rate of discount charged on foreign bills was six per cent . , which was the
highest legal interest . Aug . 30 . The bank discounted foreign bills at four and a
half per cent . ; and Oct . 24 , the discount on inland bills was six per cent . 1695 .
The rate of discount charged on foreign bills was six per cent . , which was the
highest legal interest . Aug . 30 . The bank discounted foreign bills at four and a
half per cent . ; and Oct . 24 , the discount on inland bills was six per cent . 1695 .
Page 25
This increase of capital became necessary , from the bank having in the
preceding year lent the government 400 , 0001 . without interest , and agreed to
cancel one million and a half exchequer bills in their possession , amounting ,
with ...
This increase of capital became necessary , from the bank having in the
preceding year lent the government 400 , 0001 . without interest , and agreed to
cancel one million and a half exchequer bills in their possession , amounting ,
with ...
Page 30
The bank commenced issuing post bills , payable seven days after sight , that in
case the mail was robbed the parties might have time to stop payment of the bills
. Highway robberies appear to have been very frequent at this period . 1742 .
The bank commenced issuing post bills , payable seven days after sight , that in
case the mail was robbed the parties might have time to stop payment of the bills
. Highway robberies appear to have been very frequent at this period . 1742 .
Page 33
A bill was brought into parliament to render 500 , 0001 . of the unclaimed
dividends on the public funds available for the ... the payment of bills of exchange
, accepted by the commissioners of his Majesty ' s treasury , and made payable at
the ...
A bill was brought into parliament to render 500 , 0001 . of the unclaimed
dividends on the public funds available for the ... the payment of bills of exchange
, accepted by the commissioners of his Majesty ' s treasury , and made payable at
the ...
Page 54
Another subject of complaint on the part of the country bankers . — The Bank of
England had always issued their notes and post - bills unstamped , in
consideration of paying , as a composition for the stamp duties , 35001 . per
annum on every ...
Another subject of complaint on the part of the country bankers . — The Bank of
England had always issued their notes and post - bills unstamped , in
consideration of paying , as a composition for the stamp duties , 35001 . per
annum on every ...
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Common terms and phrases
accept advances advantage agents allowed amount appears balance Bank of England banker become bills branches called capital carried cash cause cent charge cheques circulation Clearing clerks committee consequence considerable continued country bankers course currency customers debt demand deposits directors discount dividends drawn duties effect employed entered established exchange extent foreign formed funds give given gold Government governor hands hence important increase individuals interest Ireland issue joint-stock banks keep less letters loans London loss manager means meet merchants months necessary notes notice obtain occasion operations paid parties passed payable payment period person practice present pressure principle produce profit rate of interest reason received reduced respect returns Scotland securities shares speculation taken trade transactions transfer usually whole
Popular passages
Page 570 - But who am I, and what is my people, that we should be able to offer so willingly after this sort? for all things come of thee, and of thine own have we given thee.
Page 571 - Bring ye all the tithes into the storehouse, that there may be meat in mine house, and prove me now herewith, saith the Lord of hosts, if I will not open you the windows of heaven and pour you out a blessing, that there shall not be room enough to receive it.
Page 330 - Truly the light is sweet, and a pleasant thing it is for the eyes to behold the sun...
Page 434 - 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 569 - Thine, O Lord, is the greatness, and the power, and the glory, and the victory, and the majesty: for all that is in the heaven and in the earth is thine; thine is the kingdom, O Lord, and thou art exalted as head above all.
Page 561 - Prepare thy work without, and make it fit for thyself in the field ; and afterwards build thine house.
Page 13 - Company of the Bank of England), or for any other persons whatsoever united or to be united in covenants or partnership, exceeding the number of six persons, in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their bills or notes payable at demand, or at any less time than six months from the borrowing thereof.
Page 169 - And all bills, drafts, or orders, for the payment of any sum of money out of any particular fund which may or may not be available, or upon any condition or contingency which may or may not be performed...
Page 434 - ... share or interest in any public stock or fund, whether of this kingdom, or of Great Britain, or of Ireland, or of any foreign state, or in any fund of any body corporate, company, or society...
Bibliographic information
| Title | The principles and practice of banking |
| Author | James William Gilbart |
| Published | 1871 |
| Original from | Oxford University |
| Digitized | 4 Jul 2006 |
| Export Citation | BiBTeX EndNote RefMan |