The principles and practice of banking |
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Page 1
... the freaks of tyrants who have rendered nations unhappy , are recorded with
minute and often disgusting accuracy , while the discovery of useful arts , and the
progress of the most beneficial branches of commerce are passed over in silence
...
... the freaks of tyrants who have rendered nations unhappy , are recorded with
minute and often disgusting accuracy , while the discovery of useful arts , and the
progress of the most beneficial branches of commerce are passed over in silence
...
Page 13
The prejudices of the age , ” says Hume , “ had made the lending of money on
interest pass by the invidious name of usury ; yet the necessity of the practice had
still continued it , and the greater part of that kind of dealing fell everywhere into ...
The prejudices of the age , ” says Hume , “ had made the lending of money on
interest pass by the invidious name of usury ; yet the necessity of the practice had
still continued it , and the greater part of that kind of dealing fell everywhere into ...
Page 13
In this they soon became so eminent , that the money transactions of almost
every kingdom in Europe passed through their hands , and in many of them they
were intrusted with the collection and administration of the public revenues .
In this they soon became so eminent , that the money transactions of almost
every kingdom in Europe passed through their hands , and in many of them they
were intrusted with the collection and administration of the public revenues .
Page 21
But the transmission of money from one part of the country to another part , is
more frequently effected upon the principle of transfers , without the passing of
any bill . I have explained this mode of operation in my ' Practical Treatise on
Banking ...
But the transmission of money from one part of the country to another part , is
more frequently effected upon the principle of transfers , without the passing of
any bill . I have explained this mode of operation in my ' Practical Treatise on
Banking ...
Page 34
... when the following resolution was unanimously passed :“ That we , the
undersigned , being highly sensible how necessary the preservation of public
credit is at this time , do most readily declare , that we will not refuse to receive
bank notes ...
... when the following resolution was unanimously passed :“ That we , the
undersigned , being highly sensible how necessary the preservation of public
credit is at this time , do most readily declare , that we will not refuse to receive
bank notes ...
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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...