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" Bank, for bank stock, on which 60 per cent. had been paid, was selling at no per cent. After trying various expedients, it was at length determined to reduce the amount of bank notes outstanding. The consequence was an immediate increase in the value... "
On the Regulation of Currencies: Being an Examination of the Principles, on ... - Side 176
av John Fullarton - 1845 - 253 sider
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The Quarterly Review, Volum 81

William Gifford, Sir John Taylor Coleridge, John Gibson Lockhart, Whitwell Elwin, William Macpherson, William Smith, George Walter Prothero - 1847 - 580 sider
...reference to the first three of these alleged examples, let us now attend to Mr. Fullarton : — ' The first alluded to is the case of the Bank of England...the note circulation was not in a convertible state. Howi indeed, could it be so ? Was such a thing ever heard of as a really convertible paper at a discount...
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the house of commons

sir robert peel bart - 1853 - 870 sider
...trying various expedients, it was at length determined to reduce the amount of bank notes outstanding. The consequence was an immediate increase in the value...corresponding improvement in the foreign exchanges. In the case of Ireland, in the year 1804, the exchange with England was very unfavourable. A committee...
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The Speeches of the Late Right Honourable Sir Robert Peel, Bart ..., Volum 4

Robert Peel - 1853 - 874 sider
...trying various expedients, it was at length determined to reduce the amount of bank notes outstanding. The consequence was an immediate increase in the value...remained in circulation, the restoration of them to far, and a corresponding ¡n, prove:nent in the foreign exchanges. In the case of Ireland, in the year...
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The theory and practice of banking, Volum 2;Volum 12

Henry Dunning Macleod - 1856 - 682 sider
...trying various expedients, it was at length determind to reduce the amount of Bank notes outstanding. The consequence was, an immediate increase in the...corresponding improvement in the foreign exchanges. In the case of Ireland in 1804, the exchange with England was extremely unfavourable. A committee was...
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A Treatise on Coins, Currency, and Banking: With Observations on the Bank ...

Henry Nicholas Sealy - 1858 - 488 sider
...trying various expedients, it was at length determined to reduce the amount of bank notes out standing. The consequence was an immediate increase in the value...corresponding improvement in the foreign exchanges." But although the Bank of England notes were payable to bearer on demand, it does not follow that they...
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The Elements of Political Economy

Henry Dunning Macleod - 1858 - 636 sider
...trying various expedients, it was at length determined to reduce the amount of Bank notes outstanding. The consequence was, an immediate increase in the...corresponding improvement in the foreign exchanges. In the case of Ireland in 1804, the exchange with England was extremely unfavourable. A committee was...
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A Treatise on Coins, Currency, and Banking: With Observations on ..., Volum 1

Henry Nicholas Sealy - 1858 - 690 sider
...trying various expedients, it was at length determined to reduce the amount of bank notes out standing. The consequence was an immediate increase in the value...remained in circulation, the restoration of them to pur, and a corresponding improvement in the foreign exchanges." But although the Bank of England notes...
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Money and Its Laws: Embracing a History of Monetary Theories, and a History ...

Henry Varnum Poor - 1877 - 706 sider
...trying various expedients, it was at length determined to reduce the amount of bank-notes outstanding. The consequence was an immediate increase in the value...corresponding improvement in the foreign exchanges. In the ease of Ireland, in 1804, the exchange with England was extremely unfavorable. A Committee was...
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Money and Its Laws: Embracing a History of Monetary Theories, and a History ...

Henry Varnum Poor - 1877 - 674 sider
...trying various expedients, it was at length determined to reduce the amount of bank-notes outstanding. The consequence was an immediate increase in the value...corresponding improvement in the foreign exchanges. In the case of Ireland, in 1804, the exchange with England was extremely unfavorable. A Committee was...
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The Theory and Practice of Banking, Volum 2

Henry Dunning Macleod - 1886 - 722 sider
...trying various expedients, it was at length determined to reduce the amount of Bank notes outstanding. The consequence was an immediate increase in the value...of them to par and a corresponding improvement in foreign exchanges. ... In the case of Ireland, in 1804 the exchange with England was extremely unfavourable....
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