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" It acts not only as an ordinary bank, but as a great engine of State. It receives and pays the greater part of the annuities which are due to the creditors of the public ; it circulates exchequer bills, and it advances to Government the annual amount... "
A new geographical, historical, and commercial grammar - Page 172
by William Guthrie - 1843 - 80 pages
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1789 - 526 pages
...company in England can be eftablifhed by act of parliament, or can confift of more than fix members. It acts, not only as an ordinary bank, but as a great engine of ftate. It receives and pays the greater part of the annuities which are due to the creditors of the...
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London; Being an Accurate History and Description of the British ..., Volume 3

David Hughson - London (England) - 1806 - 686 pages
...company in England can* be established by act of parliament, or can consist of more than six members. It acts not only as an ordinary bank, but as a great engine of state; receiving and paying the greater part of the annuities which are due to the creditors of th« public...
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London, by David Hughson, Volume 3

Edward Pugh - 1806 - 688 pages
...company in England can be established by act of parliament, or can consist of more than six members. It acts not only as an ordinary bank, but as a great engine of state; receiving and pnying the greater part of the annuities which are due to the creditors of the public...
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A General Dictionary of Commerce, Trade, and Manufactures: Exhibiting Their ...

Thomas Mortimer - Commerce - 1810 - 1246 pages
...increased from 10,"80,()00i to 11,64&,400/. the sum on nhich they divide at prts^nt. The Bank of England acts not only as an ordinary bank, but as a great engine of state. It receives and pays the crpater part of the annuities which arc due t-> tie creditors of the public ; it circulates exchequer...
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The Works of Adam Smith, Volume 2

Adam Smith - Economics - 1812 - 582 pages
...company in England can be eftabliftied by act of parliament, or can confift of more than fix members. It acts, not only as an ordinary bank, but as a great engine of ftate. It receives and pays the greater'part of the annuities which are due to the creditors of the...
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - Economics - 1812
...England can be eftablifhed by act of parliament, or can confift of more than fix members. It acls^ not only as an ordinary bank, but as a great engine of ftate. It receives and pay* the greater part of the annuities which are due to the creditors of the...
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The Works of Adam Smith, LL.D. and F.R.S. of London and Edinburgh:: The ...

Adam Smith - Economics - 1812 - 520 pages
...England can be eftablifhed by a£t of parliament, or can confift of more than fix members. It afils, not only as an ordinary bank, but as a great engine of ftate. It receives and pays the greater part of the annuities which are due to the creditors of the...
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The ancient remains, antiquities, and recent improvements of the ..., Volume 1

Henry Thomas (antiquarian.) - 1830 - 490 pages
...company in England can be established by act of parliament, or can consist of more than six members. It acts not only as an ordinary bank, but as a great engine of state ; receiving and paying the greater part of the annuities which are due to the creditors of the public...
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Historical Sketch of the Bank of England: With an Examination of ..., Volume 30

John Ramsay McCulloch - Banks and banking - 1831 - 92 pages
...conducts the whole banking business of the British government. " It acts not only," says Dr. Smith, " as an ordinary bank, but as a great engine of state....receives and pays the greater part of the annuities, which are due to the creditors of the public ; it circulates Exchequer bills ; and it advances to government...
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The Political Writings of Thomas Paine: To which is Prefixed a ..., Volume 2

Thomas Paine - Political science - 1835 - 522 pages
...establishment, has been lent to government and wasted long ago. . " The bank (says Smith, book ii. chap. 2.) acts not only as an ordinary bank, but as a great...receives and pays the greater part of the annuities which are due to the creditors of the public." (It is worth observing, that the public, or the nation,...
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