The Theory and Practice of Banking, Volume 2Longmans, Green, Reader, & Dyer, 1886 - 4 pages |
From inside the book
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Page 26
... equal rapidity , exactly the same . symptoms as had been manifested in Ireland in 1804. The following figures , taken at intervals , are sufficient to shew the rapid rise of the price of bullion and the fall in the Foreign Exchange ...
... equal rapidity , exactly the same . symptoms as had been manifested in Ireland in 1804. The following figures , taken at intervals , are sufficient to shew the rapid rise of the price of bullion and the fall in the Foreign Exchange ...
Page 35
... equal in reality to 48. 1d . of the legal standard Currency 53. It must be admitted , however , that there was one argument to show that there was no difference in transactions between specie and paper , for specie had totally ...
... equal in reality to 48. 1d . of the legal standard Currency 53. It must be admitted , however , that there was one argument to show that there was no difference in transactions between specie and paper , for specie had totally ...
Page 56
... equal weight with that of the stipulated number of guineas , or by an amount of Bank Notes sufficient to pur- chase the weight of standard gold requisite to discharge the rent 95. That such a demand was legal no one pretended to deny ...
... equal weight with that of the stipulated number of guineas , or by an amount of Bank Notes sufficient to pur- chase the weight of standard gold requisite to discharge the rent 95. That such a demand was legal no one pretended to deny ...
Page 57
... equal ! 96. Lord Grenville opposed the bill with great earnestness , and his opinion is particularly valuable because he was one of the Cabinet who originally proposed the Restriction Act . He said he had never seen the Ministers of the ...
... equal ! 96. Lord Grenville opposed the bill with great earnestness , and his opinion is particularly valuable because he was one of the Cabinet who originally proposed the Restriction Act . He said he had never seen the Ministers of the ...
Page 58
... equal to one another , and to prove this he need go no further than the first book of Euclid , where it was laid down as an axiom that things equal to the same are equal to one another " 98. We are accustomed to smile at the famous ...
... equal to one another , and to prove this he need go no further than the first book of Euclid , where it was laid down as an axiom that things equal to the same are equal to one another " 98. We are accustomed to smile at the famous ...
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Common terms and phrases
advances amount assignat authorised Bank Act Bank notes Bank of England Bank of France Bank of Ireland Bank of Scotland Bank paper banker bearer on demand Bill of Lading bills of exchange Bullion Committee Bullion Report capital cash payments caused cent Charter cheque circulating medium coin commercial Commons Company consequence contract country banks crisis debt deposits depreciation difference directors doctrine drain effect enormous excessive issue Exchequer bills export favour Foreign Exchanges France gold bullion Government guineas House increase indorsement issue notes issue of paper joint stock banks liabilities London Lord Lord Overstone Market price mercantile merchants monopoly obliged opinion paid panic paper currency Parliament payable to bearer persons price of bullion price of gold principle promissory notes quantity rate of discount restriction Scotch banks securities shew silver Sir Robert Peel specie speculation stopped payment theory Western Bank
Popular passages
Page 484 - Where the instrument contains or a person adds to his signature words indicating that he signs for or on behalf of a principal, or in a representative capacity, he is not liable on the instrument if he was duly authorized; but the mere addition of words describing him as an agent, or as filling a representative character, without disclosing his principal, does not exempt him from personal liability.
Page 496 - Partial, that is to say, an acceptance to pay part only of the amount for which the bill is drawn ; 3.
Page 490 - In the hands of any holder other than a holder in due course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. But a holder who derives his title through a holder in due course, and who is not himself a party to any fraud or illegality affecting the instrument, has all the rights of such former holder in respect of all parties prior to the latter.
Page 474 - Where a banker in good faith and without negligence receives payment for a customer of a cheque crossed generally or specially to himself, and the customer has no title, or a defective title, thereto, the banker shall not incur any liability to the true owner of the cheque by reason only of having received such payment.
Page 342 - ... any body politic or corporate whatsoever created or to be created, or for any other persons whatsoever united or to be united in covenants or partnership exceeding the number of six persons in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their bills or notes payable on demand or at any less time than six months from the borrowing thereof...
Page 484 - But if any such instrument, after completion, is negotiated to a holder in due course, it is valid and effectual for all purposes in his hands, and he may enforce it as if it had been filled up strictly in accordance with the authority given and within a reasonable time.
Page 531 - Interest thereon from the time of presentment for payment if the bill is payable on demand, and from the maturity of the bill in any other case : (c.) The expenses of noting, or, when protest is necessary, and the protest has been extended, the expenses of protest.
Page 524 - Notice of dishonor may be waived, either before the time of giving notice has arrived, or after the omission to give due notice, and the waiver may be express or implied.
Page 523 - Where the instrument has been dishonored in the hands of an agent, he may either himself give notice to the parties liable thereon, or he may give notice to his principal. If he give notice to his principal, he must do so within the same time as if he were the holder, and the principal upon the receipt of such notice has himself the same time for giving notice as if the agent had been an independent holder.
Page 433 - Act had not passed), to pass and transfer the legal right to such debt or chose in action from the date of such notice, and all legal and other remedies for the same, and the power to give a good discharge for the same, without the concurrence of the assignor...