The Scotsman's Library: Being a Collection of Anecdotes And Facts Illustrative of Scotland And ...
The Scotsman's Library: Being a Collection of Anecdotes And Facts Illustrative of Scotland And ...
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In our eReader you can find the full English version of the book. Read The Scotsman's Library: Being a Collection of Anecdotes And Facts Illustrative of Scotland And ... 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 Scotsman's Library: Being a Collection of Anecdotes And Facts Illustrative of Scotland And ...
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But upon up- wards of six hundred thousand pounds, for which it was continually drawing bills of exchange upon London, it was paying in the way of interest and commission, upwards of eight per cent, apd was consequently losing more than three per cent up« on morn than three-fourths of its dealings. The operations of this bank seem to^ have produced effects quite opposite to those which were intend- ed by the particular persons who planned and directed it They seem to have intended to sup- port ...the spirited undertakings (for as such they considered them,) which were at that time car- rying on in different parts of the country ; and at the same time, by drawing the whole banking business to themselves, to supplant all the other Scotch banks, particularly those established at Edinburgh, whose backwardness in discounting bills h^d given some offence. This bank gave^ no doubt^ some temporary relief to those projec- tors, and e;iabled them to carry on their projects for about two years longer than they could other^ vise have done.
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To quickly assess the difficulty of the text, read a short excerpt:
But upon up- wards of six hundred thousand pounds, for which it was continually drawing bills of exchange upon London, it was paying in the way of interest and commission, upwards of eight per cent, apd was consequently losing more than three per cent up« on morn than three-fourths of its dealings. The operations of this bank seem to^ have produced effects quite opposite to those which were intend- ed by the particular persons who planned and directed it They seem to have intended to sup- port ...the spirited undertakings (for as such they considered them,) which were at that time car- rying on in different parts of the country ; and at the same time, by drawing the whole banking business to themselves, to supplant all the other Scotch banks, particularly those established at Edinburgh, whose backwardness in discounting bills h^d given some offence. This bank gave^ no doubt^ some temporary relief to those projec- tors, and e;iabled them to carry on their projects for about two years longer than they could other^ vise have done.
What to read after The Scotsman's Library: Being a Collection of Anecdotes And Facts Illustrative of Scotland And ...?
You can find similar books in the "Read Also" column, or choose other free books by James Mitchell to read onlineMoreLess
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