A

PRACTICAL TREATISE

ON

BANKIN G.

BY

JAMES WILLIAM GILBART, F.R.S.

GENERAL MANAGER OF THE LONDON AND WESTMINSTER BANK.

"The best banking system may be defeated by imperfect management; and,
on the other hand, the evils of an imperfect banking system may be greatly
mitigated, if not overcome, by prudence, caution, and resolution."-Report of the
Committee of the House of Lords on the Causes of Commercial Distress, 1848.

Sixth Edition.

IN TWO VOLUMES.

VOL. I.

LONDON:

LONGMAN, BROWN, GREEN AND LONGMANS.

1856.

232. c. 23.

MOTHE

ΤΟ

THE RIGHT HONOURABLE

LORD MONTEAGLE, F.R.S.

COMPTROLLER GENERAL OF HER MAJESTY'S EXCHEQUER, ETC. ETC. ETC.

WHO, AS

A DIRECTOR OF THE PROVINCIAL BANK OF IRELAND,

AS

CHANCELLOR OF THE EXCHEQUER,

AND AS

FRAMER OF THE REPORT OF THE COMMITTEE OF THE HOUSE OF LORDS

APPOINTED TO INQUIRE INTO

THE CAUSES OF THE COMMERCIAL DISTRESS OF 1847,

DISPLAYED A PROFOUND KNOWLEDGE OF THE PRINCIPLES

OF

Practical Banking,

THIS WORK

IS WITH PERMISSION MOST RESPECTFULLY DEDICATED,

BY

THE AUTHOR.