The Principles Which Govern the Value of Paper Currency: With Reference to Banking Establishments, as Stated In, the New Edinburgh Review for January, by Unknown AuthorThe Principles Which Govern the Value of Paper Currency: With Reference to Banking Establishments, as Stated In, the New Edinburgh Review for January, by Unknown Author

The Principles Which Govern the Value of Paper Currency: With Reference to Banking Establishments…

byUnknown Author

Paperback | November 22, 2018

Pricing and Purchase Info

$11.95

Earn 60 plum® points

Prices and offers may vary in store

Out of stock online

Not available in stores

about

Excerpt from The Principles Which Govern the Value of Paper Currency: With Reference to Banking Establishments, as Stated In, the New Edinburgh Review for January, 1823; With Some Observations on Joint Stock Companies

The Bank of England has the vice common to all banking establishments in England. It does not follow the business of banking as a substantive trade. It is the money factor or agent of the state, and a very useful factor it is. But it derives a great part of its gains from the profits of this agency, to which, therefore, it applies a main part of its attention. Its Directors bring into the Board-room the habits of acting and modes of thinking incident to the particular line of business followed by them, in which they are well skilled, to the exclusion of general knowledge. With one or two exceptions, all of them who have been examined before the parliamentary committees that have sat from the year 17 97, down to that which preceded the introduction of Mr. Peel's bill, have evinced a most lamentable ignorance even of the principles which go vern exchanges and the value of money.

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.
Title:The Principles Which Govern the Value of Paper Currency: With Reference to Banking Establishments…Format:PaperbackDimensions:28 pages, 9 × 6 × 0.06 inPublished:November 22, 2018Publisher:FB&C LtdLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:1333199651

ISBN - 13:9781333199654

Look for similar items by category:

Reviews