Banks Cash Reserves: Threadneedle Street; A Reply to Lombard Street (by the Late Mr. Walter Bagehot) and an Alternative Proposal to the One-Pound Note ... by Mr. Goschen at Leeds (Classic Reprint) - Softcover

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Excerpt from Banks Cash Reserves: Threadneedle Street; A Reply to Lombard Street (by the Late Mr. Walter Bagehot) And an Alternative Proposal to the One-Pound Note Scheme Sketched by Mr. Goschen at Leeds

This suggests the question - Is there no cash reserve kept for such an emergency?

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