The principles and practice of banking |
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Page 19
... as soon as they can make up a sum of from 501 . to 1002 . , send it in to the
goldsmith , which doth and will occasion , while it lasts , that fatal pressing
necessity for money visible throughout the whole kingdom , both to prince and
people .
... as soon as they can make up a sum of from 501 . to 1002 . , send it in to the
goldsmith , which doth and will occasion , while it lasts , that fatal pressing
necessity for money visible throughout the whole kingdom , both to prince and
people .
Page 20
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 could obtain neither the principal nor the interest of the money they
had ...
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 could obtain neither the principal nor the interest of the money they
had ...
Page 22
The corporation were to lend their whole capital to government , for which they
were to receive interest at the rate of eight per cent . per annum , and 4 , 000l .
per annum for management ; being 100 , 0001 . per annum in the whole .
The corporation were to lend their whole capital to government , for which they
were to receive interest at the rate of eight per cent . per annum , and 4 , 000l .
per annum for management ; being 100 , 0001 . per annum in the whole .
Page 27
The bank purchased the whole of this 200 , 0001 . per annum , at twenty years '
purchase , making 4 , 000 , 0001 . 1722 . The bank capital increased 3 , 400 ,
0001 , by a new subscription . This made the amount of capital 8 , 959 , 9951 .
14s .
The bank purchased the whole of this 200 , 0001 . per annum , at twenty years '
purchase , making 4 , 000 , 0001 . 1722 . The bank capital increased 3 , 400 ,
0001 , by a new subscription . This made the amount of capital 8 , 959 , 9951 .
14s .
Page 39
Towards the year of 1808 it began to advance very rapidly , and continued very
high during the whole year 1809 , the market price of standard gold fluctuating
from 41 . 9s , to 41 . 12s . per oz . The market price at 41 10s . is about 15 ) per
cent ...
Towards the year of 1808 it began to advance very rapidly , and continued very
high during the whole year 1809 , the market price of standard gold fluctuating
from 41 . 9s , to 41 . 12s . per oz . The market price at 41 10s . is about 15 ) per
cent ...
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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 |