Berkeley the Banker, Or Bank Notes And Bullion; a Tale for the Times 1
The book Berkeley the Banker, Or Bank Notes And Bullion; a Tale for the Times 1 was written by author Martineau, Harriet, 1802-1876 Here you can read free online of Berkeley the Banker, Or Bank Notes And Bullion; a Tale for the Times 1 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Berkeley the Banker, Or Bank Notes And Bullion; a Tale for the Times 1 a good or bad book?
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land brought it, you see, into immediate con- nexion with the government, under whose pro- tection it has remained ever since. Its charter has been renewed as often as it expired; and has still to run till a year's notice after the first of August, 1833. The government and the Bank have helped one another in their times of need; the bank lending money to government, and the government imposing the restriction we were talking of in the very extremity of time to prevent the Bank stopping payment.... It also afforded military protection to the establishment at the time of the dreadful riots in 1780." " Well: now for the Restriction Act." " At that memorable time, from 1794 to 1797, the Bank had to send out much more money than was convenient or safe. We were at war; there were foreign loans to be raised; heavy bills were drawn from abroad on the Treasury; and the government asked for large and still larger advances, till the Bank had made enor- mous issues of notes, and was almost drained of the coin it had promised to pay on demand.
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