Papers On Current Finance
Papers On Current Finance
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In our eReader you can find the full English version of the book. Read Papers On Current Finance 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 Papers On Current Finance
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Hence the German banks can extend their industrial and trading ven- tures without serious risk to depositors, especially as their shareholders are content with modest divi- dends. It is possible, as Biesser's criticisms imply, that they may have carried their ventures somewhat too far ; and it is evident that they were beginning to drift into the easier courses of deposit and financial banking. But there can be no sort of doubt that the older type of industrial banking has been a main cause of ...the remarkable expansion of German trade. If we survey the world generally, and the mass of economic literature, we shall find that opinion is unanimous, except perhaps in this country, that the proper and primary business of a banking system is to finance * industry and trade. This was emi- nently the case with the old Scottish system, which has been praised by experts in all countries, and often described as the classical banking system. How comes it, then, that there should be any doubt 1 1 use this word in contradistinction to mere discounts and short loans.
What to read after Papers On Current Finance?
You can find similar books in the "Read Also" column, or choose other free books by H S Herbert Somerton Foxwell to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Hence the German banks can extend their industrial and trading ven- tures without serious risk to depositors, especially as their shareholders are content with modest divi- dends. It is possible, as Biesser's criticisms imply, that they may have carried their ventures somewhat too far ; and it is evident that they were beginning to drift into the easier courses of deposit and financial banking. But there can be no sort of doubt that the older type of industrial banking has been a main cause of ...the remarkable expansion of German trade. If we survey the world generally, and the mass of economic literature, we shall find that opinion is unanimous, except perhaps in this country, that the proper and primary business of a banking system is to finance * industry and trade. This was emi- nently the case with the old Scottish system, which has been praised by experts in all countries, and often described as the classical banking system. How comes it, then, that there should be any doubt 1 1 use this word in contradistinction to mere discounts and short loans.
What to read after Papers On Current Finance?
You can find similar books in the "Read Also" column, or choose other free books by H S Herbert Somerton Foxwell to read onlineMoreLess
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