The Bank of England: And the Organisation of Credit in England |
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Common terms and phrases
able advances affairs amount answer authority Bank of England Bank of France bank-notes bankers Banking Department benefit bills bullion capital carried cause cent circulation coin commerce consequence considered constituted convertibility currency Debt demand deposits diminish effect equal established evidence exchange existing experience export fact fixed foreign funds give given gold and silver Government hand important increase industry Issue Department issue of notes keep land less limit London loss lowering means measure meet ment metals millions natural necessary never notes object operations ordinary payment Pereire practice present principle privilege produce profit proportion purchase quantity question raising rate of discount rate of interest reason reduced regulated represents reserve rise specie sufficient supply taken things tion trade true wants whole
Popular passages
Page 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.
Page 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.
Page 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...
Page 654 - ... which he would otherwise be obliged to keep by him unemployed, and in ready money for answering occasional demands.
Page 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...
Page 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.
Page 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...
Page 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.
Page 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...
Page 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...
Bibliographic information
| Title | The Bank of England: And the Organisation of Credit in England Making of the Modern World, Part IV: 1800-1890 |
| Author | Charles Tennant |
| Edition | 2 |
| Publisher | Longmans, Green, Reader, & Dyer, 1866 |
| Original from | Oxford University |
| Digitized | 4 Jul 2006 |
| Length | 869 pages |
| Export Citation | BiBTeX EndNote RefMan |