The Theory and Practice of Banking, Volume 2Longmans, Green, 1893 |
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Page vi
... cent . between Exchange with Dublin and with Belfast 21. The fact proved that a balance of payments was due to Ireland , while the Exchange was so depressed PAGR . 11 · 13 . 14 · 14 14 15 · • 16 · 17 · 18 22. First declaration of the ...
... cent . between Exchange with Dublin and with Belfast 21. The fact proved that a balance of payments was due to Ireland , while the Exchange was so depressed PAGR . 11 · 13 . 14 · 14 14 15 · • 16 · 17 · 18 22. First declaration of the ...
Page 2
... cent . Under the influence of the enormous sums of money that had to be sent abroad in purchase of grain , the attraction of this high rate of discount , and other causes , the exchange on Hamburg , which had stood so high for some ...
... cent . Under the influence of the enormous sums of money that had to be sent abroad in purchase of grain , the attraction of this high rate of discount , and other causes , the exchange on Hamburg , which had stood so high for some ...
Page 3
... cent . below par . But the expense of trans- mitting specie to Hamburg was estimated not to exceed 7 per cent .; and , consequently , there remained a difference of 7 per cent . to be accounted for 6. It was at this time that the great ...
... cent . below par . But the expense of trans- mitting specie to Hamburg was estimated not to exceed 7 per cent .; and , consequently , there remained a difference of 7 per cent . to be accounted for 6. It was at this time that the great ...
Page 9
... cent . , and that in the Exchange with London it was sometimes as much as 20 per cent . against Dublin . That gold coin rose in value just in proportion as paper was depreciated 15. This great disorganisation of the monetary business ...
... cent . , and that in the Exchange with London it was sometimes as much as 20 per cent . against Dublin . That gold coin rose in value just in proportion as paper was depreciated 15. This great disorganisation of the monetary business ...
Page 12
... cent . He himself had bought large quantities of guineas at a premium of 2s . 6d . each . In the north of Ireland , however , all bills were payable in gold ; they would have nothing to do with any Paper Currency , and while the ...
... cent . He himself had bought large quantities of guineas at a premium of 2s . 6d . each . In the north of Ireland , however , all bills were payable in gold ; they would have nothing to do with any Paper Currency , and while the ...
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Other editions - View all
Common terms and phrases
advances amount assignats authorised Bank Notes Bank of England Bank of Ireland Bank of Scotland Bank paper banker bearer on demand bill or note bills of exchange Bullion Report capital cash payments caused cent cheque circulating medium coin commercial Commons Company consequence contract country banks creditor crisis debt deposits depreciation difference directors dishonoured doctrine drawer effect equal excessive issues Exchequer bills favour Foreign Exchanges Government guineas holder House increase indorsement instrument issue notes joint stock banks liabilities London Lord Lord Overstone Market price mercantile merchants Metallic Currency negotiable notes payable notice opinion paid panic paper currency Parliament parties payable on demand payable to bearer person price of bullion price of gold principle promise to pay promissory notes quantity rate of discount restriction Scotch banks securities shew silver Sir Robert Peel specie speculation stopped payment theory transfer Vict
Popular passages
Page 570 - Where in a bill drawer and drawee are the same person, or where the drawee is a fictitious person, or a person not having capacity to contract, the holder may treat the instrument, at his option, either as a bill of exchange or a promissory note.
Page 542 - Partial, that is to say, an acceptance to pay part only of the amount for which the bill is drawn ; 3.
Page 536 - 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 520 - 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 580 - Where a bill has been paid for honor, all parties subsequent to the party for whose honor it is paid are discharged, but the payer for honor is subrogated for, and succeeds to, both the rights and duties of the holder as regards the party for whose honor he pays and all parties liable to the latter.
Page 584 - Where two or more parts of a set are negotiated to different holders in due course, the holder whose title first accrues is as between such holders...
Page 469 - ... the master or other person signing the same, notwithstanding that such goods or some part thereof may not have been so shipped, unless such holder of the bill of lading shall have had actual notice at the time of receiving the same that the goods had not been in fact laden on board...
Page 538 - Where a bill is addressed to two or more drawees who are not partners, presentment must be made to them all...
Page 479 - 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...