The principles of banking, its utility and economy

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E. Wilson., 1873
 

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Pàgina 9 - Duties LEVIED on the EUROPEAN FRONTIER of the EMPIRE of RUSSIA and KINGDOM of POLAND, from the 1st (13th) of January, 1869. Translated by T. MICHELL, Her Britannic Majesty's Consul at St. Petersburg, and Revised by the Imperial Russian Department of Trade and Manufactures.
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Pàgina 30 - Economist" newspaper has put forth what in my opinion is the most mischievous doctrine ever broached in the monetary or banking world in this country ; viz. that it is the proper function of the Bank of England to keep money available at all times to supply the demands of bankers who have rendered their own assets unavailable. Until such a doctrine is repudiated by the banking interest, the difficulty of pursuing any sound principle of banking in London will be always very great. But I do not believe...
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