Remarks On the New Doctrine Concerning the Supposed Depreciation of Our Currency
Remarks On the New Doctrine Concerning the Supposed Depreciation of Our Currency
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In our eReader you can find the full English version of the book. Read Remarks On the New Doctrine Concerning the Supposed Depreciation of Our Currency 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 Remarks On the New Doctrine Concerning the Supposed Depreciation of Our Currency
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To quickly assess the difficulty of the text, read a short excerpt:
This is virtually the Agio which Bank notes constantly bear. Besides, it is a matter of diffi- culty and favour to obtain them at all ; how often was that first of customers, the immortal Pitt, refused ? To understand the declamations we frequently hear, one should suppose, that the Bank Directors, like quack doctors, send their bills to be given away at the corners of every street. On the contrary, the Right Honourable the Chancellor of His Majesty's Exchequer, and all the merchants in London ...will certifj, that it is a difficult thing to procure the issue of Bank notes. The Directors of the Bank will not abate an iota of their rigid rules. Perfect security repayment at a short and fixed period > and the premium in hand, are the indispensable conditions of every issue of Bank notes. Even their enemies, if they have any, will allow that the officers of the Bank very strictly adhere to those regulations.
The discount customers of the Bank, with few exceptions, are also the customers of pri- vate bankers ; and ordinarily they do not apply to the Bank for discount, while their hankers are able and willing to supply them.
What to read after Remarks On the New Doctrine Concerning the Supposed Depreciation of Our Currency?
You can find similar books in the "Read Also" column, or choose other free books by Henry Boase to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
This is virtually the Agio which Bank notes constantly bear. Besides, it is a matter of diffi- culty and favour to obtain them at all ; how often was that first of customers, the immortal Pitt, refused ? To understand the declamations we frequently hear, one should suppose, that the Bank Directors, like quack doctors, send their bills to be given away at the corners of every street. On the contrary, the Right Honourable the Chancellor of His Majesty's Exchequer, and all the merchants in London ...will certifj, that it is a difficult thing to procure the issue of Bank notes. The Directors of the Bank will not abate an iota of their rigid rules. Perfect security repayment at a short and fixed period > and the premium in hand, are the indispensable conditions of every issue of Bank notes. Even their enemies, if they have any, will allow that the officers of the Bank very strictly adhere to those regulations.
The discount customers of the Bank, with few exceptions, are also the customers of pri- vate bankers ; and ordinarily they do not apply to the Bank for discount, while their hankers are able and willing to supply them.
What to read after Remarks On the New Doctrine Concerning the Supposed Depreciation of Our Currency?
You can find similar books in the "Read Also" column, or choose other free books by Henry Boase to read onlineMoreLess
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