The Life of Abraham Newland, Esq., Late Principal Cashier at the Bank of England: With Some Account of that Great National Establishment; to which is Added an Appendix, Containing the Late Correspondence of the Chancellor of the Exchequer with the Bank, and a List of the Statutes Passed Relative to It, from the Time of Its Incorporation; Embellished with a Portrait, from an Original Painting |
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Page 11
... issued in the reign of William and Mary , on the 15th of June of that year . The necessity of some institution of this kind had been long felt , and Mr. William Paterson had travelled into several commercial countries in 1691 , and the ...
... issued in the reign of William and Mary , on the 15th of June of that year . The necessity of some institution of this kind had been long felt , and Mr. William Paterson had travelled into several commercial countries in 1691 , and the ...
Page 17
... issued their notes payable on demand , and not having received from the mint a sufficient quantity of the new silver coin to answer the daily demands of them for their further outstanding notes . The Directors were thereupon obliged to ...
... issued their notes payable on demand , and not having received from the mint a sufficient quantity of the new silver coin to answer the daily demands of them for their further outstanding notes . The Directors were thereupon obliged to ...
Page 26
... issued for the military to act without waiting for di- rections from the civil magistrates , and to use force for dispersing the illegal and tumultuous assemblies of the people . The guards not having been found sufficient in number to ...
... issued for the military to act without waiting for di- rections from the civil magistrates , and to use force for dispersing the illegal and tumultuous assemblies of the people . The guards not having been found sufficient in number to ...
Page 28
... issued small cash notes for 157. and for 101 . In January 1764 , the charter of the Bank of England being nearly expired , an agree- ment was entered into between the Govern- ment and the Directors , by which the latter agreed to pay ...
... issued small cash notes for 157. and for 101 . In January 1764 , the charter of the Bank of England being nearly expired , an agree- ment was entered into between the Govern- ment and the Directors , by which the latter agreed to pay ...
Page 34
... issued notes , not payable at sight , but payable at a certain date ; and when they became due , having no funds to answer the bills , the whole system was shaken , and the public were obliged to interfere and restore it . Mr. Dempster ...
... issued notes , not payable at sight , but payable at a certain date ; and when they became due , having no funds to answer the bills , the whole system was shaken , and the public were obliged to interfere and restore it . Mr. Dempster ...
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The Life of Abraham Newland, Esq.: Late Principal Cashier at the Bank of ... No preview available - 2015 |
Common terms and phrases
26th of February 340 per million 3dly 550 millions Abraham Newland Act of Parliament advance advantage allowance for management appears apprehend arrangement Astlett Bank notes Bank of England bankers Bills of Exchange Brook Watson bullion cent Chancellor CHAP charter chequer Bills Chief Cashier circumstances coin Committee of Treasury consideration Consolidated Fund Copy Council Court of Directors CROSBY'S Deputy Governor discount Downing-street duties Edition effect established Exchequer Bills Exeter Exchange extra boards February last Fund Gentlemen gold Government Governor and Deputy guineas honour House interest issued Letter Loan London Lord Lord George Gordon ment nearly Old Bailey opinion ounce paid paper Parliament payable peace period persons Plates present principal profit proposed Proprietors Public Balances Public Debt Public Service racter rate of Allowance receipt received reduced Resolution respect shew Shillings Stock tion Unclaimed Dividends Unredeemed vols
Popular passages
Page 45 - Exchequer, stating that from the result of the information which he has received, and of the inquiries it has been his duty to make, respecting the effect of the unusual demands for specie that have been made upon the metropolis, in consequence of illfounded or exaggerated alarms in different parts of the country...
Page 47 - We the undersigned merchants and others, being sensible how necessary the preservation of public credit is at this time, do hereby declare, that we will not refuse to receive bank notes in payment of any sum of money to be paid to us. And we will use our utmost endeavours to make all our payments in the same manner ;" and by live the next afternoon 1 14O had signed it.
Page 46 - England think it their duty to inform the proprietors of the bank stock, as well as the public at large, that the general concerns of the bank are in the most affluent and prosperous situation, and such as to preclude every doubt as to the security of its notes.
Page 65 - Committee to have been made upon corresponding securities, taken with the usual care and attention, the actual Balance in favour of the Bank...
Page 107 - Happy the man - and happy he alone He who can call today his own, He who, secure within, can say 'Tomorrow, do thy worst, for I have lived today: Be fair or foul or rain or shine, The joys I have possessed in spite of Fate are mine: Not Heaven itself upon the Past has power, But what has been has been, and I have had my hour.
Page 23 - This speech was received with the loudest applause, and bis lordship then moved the following resolution : ' That the whole body of the Protestant Association do attend in St. George's Fields, on Friday next, at ten of the o'clock in the morning, to accompany his lordship to the House of Commons on the delivery of the Protestant petition; which was carried unanimously.
Page 16 - ... accounts at the bank, foreign bills were discounted at three per cent., and inland bills at four and a half per cent. May 1.9. Running notes and bills were discounted at three per cent. May 6. The following advertisement appeared in the ' London Gazette :' — " The Court of Directors of the Bank of England give notice, that they will lend money on plate, lead tin, copper, steel, and iron, at four per cent, per annum.