A View of the Banking Question Resulting From Practice And Experience
A View of the Banking Question Resulting From Practice And Experience
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In our eReader you can find the full English version of the book. Read A View of the Banking Question Resulting From Practice And Experience Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A View of the Banking Question Resulting From Practice And Experience
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To quickly assess the difficulty of the text, read a short excerpt:
In this manner, there is great danger lest the Branch-Banks should, in the course of time, " extinguish and absorb" a great portion of that supply which is most valuable to the Private Banking Establishments, and most useful to the public. It will be an extinguishment and absorption of one of the best and most essential sources of aid to industry.
This statement, which is necessarily somewhat hypothetical, might be more fully established by evidence before a Committee competent to investi- 109 ...gate the matter. It would be then clearly seen that the tendency of the establishment of Bank-of-Eng- land Branches is, to divert capital from the chan- nels of industry in the country, to those of specu- lation in London, Paris, Hamburgh, or Vienna. Let us take a practical illustration of the effects of this influence. — The Bank of L'eland formerly cor- responded with Messrs. A. Heywood and Son, of Liverpool, as their English Bankers in that part of the country ; and, of course, they kept, constantly, a balance corresponding to the nature of the ac- count.
What to read after A View of the Banking Question Resulting From Practice And Experience?
You can find similar books in the "Read Also" column, or choose other free books by Kent John to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In this manner, there is great danger lest the Branch-Banks should, in the course of time, " extinguish and absorb" a great portion of that supply which is most valuable to the Private Banking Establishments, and most useful to the public. It will be an extinguishment and absorption of one of the best and most essential sources of aid to industry.
This statement, which is necessarily somewhat hypothetical, might be more fully established by evidence before a Committee competent to investi- 109 ...gate the matter. It would be then clearly seen that the tendency of the establishment of Bank-of-Eng- land Branches is, to divert capital from the chan- nels of industry in the country, to those of specu- lation in London, Paris, Hamburgh, or Vienna. Let us take a practical illustration of the effects of this influence. — The Bank of L'eland formerly cor- responded with Messrs. A. Heywood and Son, of Liverpool, as their English Bankers in that part of the country ; and, of course, they kept, constantly, a balance corresponding to the nature of the ac- count.
What to read after A View of the Banking Question Resulting From Practice And Experience?
You can find similar books in the "Read Also" column, or choose other free books by Kent John to read onlineMoreLess
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