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The Theory and Practice of Banking (Volume 2 )

The Theory and Practice of Banking (Volume 2 )


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About the Book

This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1866. Not illustrated. Excerpt: ... theory and practice banking. chapter viii. from the renewal of the bank charter in 1800 to the act for the resumption of cash payments in 1819. Great Derangement Of The Irish Currency In 1804--Parliamentary Investigation Into It, And Report Of The Committee--Speculations In England In 1808, And Following Years--Great Derangement Of The English Currency--Appointment Of The Bullion Committee In 1810--Analysis Of The Bullion Report--Debates In The House Of Commons In 1811, And Condemnation Of The Princdples Of The Report--Great Change Est ComMercial Opinion Upon The Subject--Adoption Of The Principles Of The Bullion Report In 1819, And Act For The Resumption Of Cash Payments. 1. Soon after the year 1800, a remarkable phenomenon began to attract the notice of persons who had paid attention to the currency. We have just seen how lamentably deficient the harvest of 1799 had been, and the enormous quantities of grain it became necessary to purchase. The autumn of 1799, and the ensuing winter, were equally unfavorable as the preceding had been to all descriptions of farming operations. The spring of 1800 was exceedingly wet, and in the middle of the harvest heavy and continuous rains set in. In consequence, the harvest time was even more calamitous than the preceding one. In the north part of the island, the crops were a total failure. Notwithstanding that the ...


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Product Details
  • ISBN-13: 9781235311130
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 142
  • Spine Width: 8 mm
  • Width: 189 mm
  • ISBN-10: 1235311139
  • Publisher Date: 15 Jan 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 268 gr


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