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Historical Sketch of the Bank of England: With an Examination of the Question as to the Prolongation of the Exclusive Privileges of That Establishment (Classic Reprint) - Softcover

 
9781332746828: Historical Sketch of the Bank of England: With an Examination of the Question as to the Prolongation of the Exclusive Privileges of That Establishment (Classic Reprint)

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Reseña del editor

Excerpt from Historical Sketch of the Bank of England: With an Examination of the Question as to the Prolongation of the Exclusive Privileges of That Establishment

Tue object of this Tract is, to lay before the reader a brief view of the History and Transactions of the Bank of England, in so far as they are of a public character, and to inquire into the expediency of prolonging the Bank's exclusive privileges for an additional term of years - But to facilitate these inquiries, we beg to premise one or two remarks of a general nature.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Reseña del editor

Excerpt from Historical Sketch of the Bank of England: With an Examination of the Question as to the Prolongation of the Exclusive Privileges of That Establishment

A security of this sort has been exacted in the case of the Bank of England; and the whole lent by the Bank to Government, must be sacrificed before the holders of her notes can sustain the smallest loss. Her stability has, therefore, been truly said, by Dr. Smith, to be equal to that of the British government. The system of taking securities having been found to answer so well in the case of the Bank of England, is a powerful argu ment in favour of its extension. Were securities taken from the country banks, their ultimate failure, in the capacity of banks of issue, would be rendered impossible and a degree of solidity would be given to our money system, which it is idle to expect it can ever attain, so long as it continues on its present footing.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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  • VerlagForgotten Books
  • Erscheinungsdatum2018
  • ISBN 10 1332746829
  • ISBN 13 9781332746828
  • EinbandTapa blanda
  • Anzahl der Seiten82

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