The Bank of England: And the Organisation of Credit in EnglandLongmans, Green, Reader, & Dyer, 1866 - 869 páginas |
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Página 3
... limits the issue of notes by country banks , according to the average of their circu- lation up to a certain time . 4. It prohibits the establishment of country banks of issue . 5. It provides that , if any of the country banks should ...
... limits the issue of notes by country banks , according to the average of their circu- lation up to a certain time . 4. It prohibits the establishment of country banks of issue . 5. It provides that , if any of the country banks should ...
Página 25
... limit . In the case of the Bank of England , the mischief has been pre- vented from producing its inevitable consequences by rigidly restraining it within that limit . The depreciation of the issues is the evidence that the certain limit ...
... limit . In the case of the Bank of England , the mischief has been pre- vented from producing its inevitable consequences by rigidly restraining it within that limit . The depreciation of the issues is the evidence that the certain limit ...
Página 26
... limit has not been exceeded by the issue of £ 14,000,000 of Credit Notes is mani- fest from the fact that these notes have never de- preciated . The issue might be extended to £ 40,000,000 or £ 50,000,000 on the same se- curity with ...
... limit has not been exceeded by the issue of £ 14,000,000 of Credit Notes is mani- fest from the fact that these notes have never de- preciated . The issue might be extended to £ 40,000,000 or £ 50,000,000 on the same se- curity with ...
Página 37
... limits . If the limits of Capital and Credit be once transgressed , we plunge at once into the fatal error of the notorious John Law , and there is no logical goal , till we arrive at the Assignats of 1796 , or the Issues in America in ...
... limits . If the limits of Capital and Credit be once transgressed , we plunge at once into the fatal error of the notorious John Law , and there is no logical goal , till we arrive at the Assignats of 1796 , or the Issues in America in ...
Página 68
... limit of the power to issue at such a date . The form does not ex- hibit the Notes actually in the hands of the ... limits the Issues of all existing Banks to a fixed amount , according to an average of twelve weeks preceding the 27th ...
... limit of the power to issue at such a date . The form does not ex- hibit the Notes actually in the hands of the ... limits the Issues of all existing Banks to a fixed amount , according to an average of twelve weeks preceding the 27th ...
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Términos y frases comunes
affairs amount of notes augment Bank Act Bank Charter Act bank notes Bank of Eng Bank of England Bank of France Bank rate bank-notes bankers Banking Department banking reserve Banks of Issue Banque capitalists cent coin and bullion coinage commerce commodities consequence credit money currency Debt demand deposits diminish effect Émile Pereire England notes equal established export fact fixed funds gold and silver increase Isaac Pereire Issue Department issue notes issue of notes Joint-Stock Banks legal tender loanable capital London Lord Overstone loss means ment Michel Chevalier millions monopoly National notes in circulation notes issued operations panic paper money payment precious metals present principle privilege produce profit proportion quantity question raising the rate rate of discount rate of interest regulated render reserve of notes silver coin Sir Robert Peel specie tion trade and industry wants whole Wolowski
Pasajes populares
Página 829 - ... in all parts of the United States in payment of taxes, excises, public lands, and all other dues to the United States, except for duties on imports; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States, except interest on the public debt, and in redemption of the national currency.
Página 259 - The property which every man has in his own labor, as it is the original foundation of all other property, so it is the most sacred and inviolable.
Página 830 - ... whenever the lawful money of any other association shall be below fifteen per centum of its [circulation and~\ deposits, such association shall not increase its liabilities by making any new loans or discounts...
Página 654 - ... which he would otherwise be obliged to keep by him unemployed, and in ready money for answering occasional demands.
Página 268 - 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...
Página 657 - The circulation of every country may be considered as divided into two different branches; the circulation of the dealers with one another, and the circulation between the dealers and the consumers.
Página 832 - No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...
Página 828 - Federal reserve bank making such deposit in the manner provided by existing law, shall be entitled to receive from the Comptroller of the Currency circulating notes in blank, registered and countersigned as provided by law, equal in amount to the par value of the bonds so deposited.
Página 460 - ... have on hand, in lawful money of the United States, an amount equal to at least twenty-five per centum of the aggregate amount of its notes in circulation and its deposits...
Página 268 - Be it therefore declared and enacted, that any body, politic or corporate, or society, or company, or partnership, although consisting of more than six persons, may carry on the trade or business of banking in London, or within sixty-five miles thereof...