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 49
... remaining in the teller's chest , then the tellers return to the clerk of the Bank as many Exchequer bills of 10007 , each , as they have given credit for in the books of the paymasters , or that they have given Bank notes for . If the ...
... remaining in the teller's chest , then the tellers return to the clerk of the Bank as many Exchequer bills of 10007 , each , as they have given credit for in the books of the paymasters , or that they have given Bank notes for . If the ...
Page 54
... remaining in the Bank ? A. That depends upon circumstances ; for cash fluctuates to a very great amount , some- times in a very short space of time . Q. Is it found that the payment of the quar- terly dividends materially affects the ...
... remaining in the Bank ? A. That depends upon circumstances ; for cash fluctuates to a very great amount , some- times in a very short space of time . Q. Is it found that the payment of the quar- terly dividends materially affects the ...
Page 57
... remaining in their hands than if the emissions were less . Q. Do not the principal bankers in London receive the greater part of each quarterly divi- dend ? A. I should apprehend , if the dividend is 3,000,000 . out of that sum , the ...
... remaining in their hands than if the emissions were less . Q. Do not the principal bankers in London receive the greater part of each quarterly divi- dend ? A. I should apprehend , if the dividend is 3,000,000 . out of that sum , the ...
Page 81
... remaining ability to do so . Every Bank note , it was urged , was a contract to pay money , entered into between the Bank and the possessor of it , in consequence of what has been deemed a valuable consideration ; and no au- thority of ...
... remaining ability to do so . Every Bank note , it was urged , was a contract to pay money , entered into between the Bank and the possessor of it , in consequence of what has been deemed a valuable consideration ; and no au- thority of ...
Page 82
... the first instance , by the medium of the higher classes . Of the sum remaining in the Bank , a small part was issued to each of the bankers after the g mankind . Long habits of punctuality produces a notion of 82 THE LIFE OF.
... the first instance , by the medium of the higher classes . Of the sum remaining in the Bank , a small part was issued to each of the bankers after the g mankind . Long habits of punctuality produces a notion of 82 THE LIFE OF.
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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.