Εικόνες σελίδας
PDF
Ηλεκτρ. έκδοση

THE

THEORY AND

AND PRACTICE

OF

BANKING

BY

HENRY DUNNING MACLEOD, M.A.

OF TRINITY COLLEGE, CAMBRIDGE, AND THE INNER TEMPLE, BARRISTER-AT-LAW;

SELECTED BY THE ROYAL COMMISSIONERS FOR THE DIGEST OF THE LAW TO PREPARE

THE DIGEST OF THE LAW OF BILLS OF EXCHANGE, BANK NOTES, ETC.

HONORARY MEMBER OF THE JURIDICAL SOCIETY OF PALERMO

FOURTH EDITION

VOLUME II

LONDON

LONGMANS, GREEN, READER AND DYER

1886

THE AUTHOR RESERVES THE RIGHT OF TRANSLATION

[blocks in formation]

LONDON:

PRINTED BY A, P. BLUNDELL & Co.,

26, GARLICK Hill, CANNON STREET, E.C.

[ocr errors]
[ocr errors]

.

[ocr errors]

§ 18. Their description of the extraordinary debasement of the

Irish Currency

19. Exchange with Belfast favourable to Ireland, while that with

Dublin adverse.

20. Difference of 12 per cent. between Exchange with Dublin and

with Belfast

21. The fact proved that a balance of payments was due to

Ireland, while the Exchange was so depressed .

22. First declaration of the opinion that gold had risen, and paper

had not fallen

23. Opinion of Mr. Marshall that Irish Bank notes were depre-

ciated

24. His evidence on the subject .

25. The Theory of the Directors of the Bank of Ireland as to the

regulation of the paper currency

26. Report of the Committee

27. The Committee report that the Directors should regulate

their issues by the price of guineas and the foreign Ex-

changes

28. Very debased state of the coinage

29. The Committee do not discuss the new theory of paper

currency

30. They recommend an assimilation of the English and Irish

currencies.

31. Mr. Fox declares it to be a fantastical opinion that paper was

not depreciated, and that gold had risen

32. First declaration by a Parliamentary Committee that the

paper currency should be regulated by the Foreign Ex-

changes

33. Renewal of the Bank's loan to Government

34. Circumstances which lead to the great depreciation of the

British Currency

35. Perfidious conduct of Prussia in 1805

36. The Berlin decree against British commerce in 1807

37. Immense speculation in 1808, and subsequent years

38. Great multiplication of country banks in 1809

39. Great rise in the market price of gold .

40. Appointment of the Bullion Committee

41. Report of 1810 identical in principal with that of 1804

42. Names of the Committee

43. Identity in sentiment between the witnesses examined before

both Committees

44. Remarks upon some of the evidence

45. State of facts agreed upon

46. Issues maintained by one party

47. Issues maintained by the other party

48. Discussion of the points of difference

[ocr errors]
[ocr errors]
[ocr errors][ocr errors][ocr errors][ocr errors][merged small]
[merged small][ocr errors][merged small]
[blocks in formation]

30

31

.

[ocr errors]
[ocr errors]
[ocr errors]
[ocr errors]

.

.

.

[ocr errors]

PAGE

§ 49. Evidence of Mr. Chambers

32

50. Remark of Mr. Huskisson

34

51. Fallacy of Mr. Chambers's opinions

34

52. Another illustration

35

53. One argument to shew that there was no difference in value

between guineas and bank notes

35

54. Discussion on second point of difference between the two

parties

36

55. Opinion of a foreign merchant

37

56. Discussion of the third point of difference between the parties 38

57. Discussion of the fourth point of difference reserved

39

58. Analysis of the Bullion Report

39

59. The same continued

39

60. The same continued

40

61. The same continued

40

62. The same continued

41

63. The same continued

41

64. The same continued

41

65. The same continued

42

66. The same continued

43

67. The same continued

43

68. The same continued

43

69. The same continued

44

70. The same continued

44

71. The same continued

44

72. The same continued

45

73. The same continued

45

74. The same continued

46

75. The same continued

46

76. The same continued

46

77. The same continued

47

78. The same continued

47

79. The same continued

47

80. The Bullion Report is the standard by which all legislation

regarding the paper currency should be regulated

47

81. Resolutions of Mr. Horner

48

82. Mr. Rose's reply to Mr. Horner

49

83. Speech of Mr. Thornton

49

84. Mr. Vansittart's resolutions

50

85. Historical untruth of the doctrine that the coinage never was

intended to contain any fixed quantity of bullion

52

86. Prevalence of a paper price and a cash price for goods 52

87. Examples of this given by Mr. Sharp .

53

88. Instances given by Sir Francis Burdett

53

89. "heory of the opponents of the Bullion Report

53

90. Rejection of the Bullion Report-Mr. Peel votes with the

majority

54

.

[ocr errors]
[ocr errors]

.

.

.

[ocr errors]

.

[ocr errors]

.

[ocr errors][merged small][ocr errors]
« ΠροηγούμενηΣυνέχεια »