The Growth of English Industry And Commerce volume 2
The Growth of English Industry And Commerce volume 2
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In our eReader you can find the full English version of the book. Read The Growth of English Industry And Commerce volume 2 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 The Growth of English Industry And Commerce volume 2
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or what are the payments of the banks : but almost, or rather altogether, imaginative or figurative ? As for example : Peter hath two thousand ducats in the bank, John hath three thousand, and William four thousand, and so consequently others more or «*«... Less. Peter hath occasion to pay unto John one thousand fo:'' * ' ducats ; he goeth to the bankers at the hours aj)pointed, payment (^■sff\-i{Q\i are certain both in the forenoon and afternoon), and requireth them to pay one thousand ducats ...unto John; whereupon they presently make Peter debtor for one thou- sand ducats, and John creditor for the same sum. So that Peter having assigned unto John one thousand ducats, hath now no more but one thousand ducats in bank, where he had two thousand before. And John hath four thousand ducats in the same bank, where he had but three thousand before. And so in the same manner of assignation. John doth pay unto William and William unto others, without that any money is touched, but remaineth still in the bankers' hands ; which, within a short time after the erection of the bank, cometh to amount unto many millions.
What to read after The Growth of English Industry And Commerce volume 2?
You can find similar books in the "Read Also" column, or choose other free books by Cunningham, W. (William), 1849-1919 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
or what are the payments of the banks : but almost, or rather altogether, imaginative or figurative ? As for example : Peter hath two thousand ducats in the bank, John hath three thousand, and William four thousand, and so consequently others more or «*«... Less. Peter hath occasion to pay unto John one thousand fo:'' * ' ducats ; he goeth to the bankers at the hours aj)pointed, payment (^■sff\-i{Q\i are certain both in the forenoon and afternoon), and requireth them to pay one thousand ducats ...unto John; whereupon they presently make Peter debtor for one thou- sand ducats, and John creditor for the same sum. So that Peter having assigned unto John one thousand ducats, hath now no more but one thousand ducats in bank, where he had two thousand before. And John hath four thousand ducats in the same bank, where he had but three thousand before. And so in the same manner of assignation. John doth pay unto William and William unto others, without that any money is touched, but remaineth still in the bankers' hands ; which, within a short time after the erection of the bank, cometh to amount unto many millions.
What to read after The Growth of English Industry And Commerce volume 2?
You can find similar books in the "Read Also" column, or choose other free books by Cunningham, W. (William), 1849-1919 to read onlineMoreLess
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