Parliamentary Papers, Volume 9H.M. Stationery Office, 1875 - Great Britain |
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Common terms and phrases
65 miles Act of Parliament advantage allowed amount of gold authorised issue average aware Backhouse bank notes Bank of England Bank of Ireland Bank of Scotland bankers banks of issue bills branch banks branches cash cent Chairman-continued charge cheques Clydesdale Bank commission Committee competition consider country banks course Cumberland customers deposits difference discount doubt England notes English banks established extent fact Gairdner give Goschen honourable Member increase Irish banks issue notes issuing banks joint stock banks liabilities London banks monopoly not?-Yes note circulation note issue opinion Orr Ewing Parliament payable power of issue private banks privilege of issue profit proportion provincial banks question rate of interest regard reserve right of issue Royal Bank Sampson Lloyd Scotch banks Scotch notes Sir John Lubbock Sir John Lubbock-continued Sir Robert Peel Stephen Cave suppose tion transactions William Shaw
Popular passages
Page 15 - Parliament, and that it shall not be lawful for any body politic or corporate whatsoever created or to be created, or for any other persons whatsoever united or to be united in covenants or partnership exceeding the number of six persons in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their bills or notes payable on demand or at any less time than six months from the borrowing thereof...
Page iii - Orders of The House, examined the matters to them referred; and have agreed to the following REPORT...
Page 15 - England, it shall not be lawful for any body politic or corporate whatsoever, erected or to be erected, (other than the said Governor and Company of the Bank of England,) or for any other persons whatsoever united or to be united in covenants or partnership, exceeding the number of six persons, in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their Bills or Notes payable at demand, or at any less time than six months from the borrowing thereof.
Page 43 - An Act for giving to the Corporation of the Governor and Company of the Bank of England certain privileges for a limited period...
Page 45 - ... trade or business of banking in London, or within sixty-five miles thereof, provided that such body politic or corporate, or society, or company, or partnership, do not borrow, owe, or take up in England, any sum or sums of money on their bills or notes payable on demand, or at any less time than six months from the borrowing thereof, during the continuance of the privileges granted by this Act to the said Governor and Company of the Sank of England." All notes of the Bank of England, payable...
Page 4 - And whereas the intention of this act is, that the governor and company of the Bank of England should during the period stated in this act (subject nevertheless to such redemption as is described in this act,} continue to hold and enjoy all the exclusive privileges of banking given by the said recited act of the thirty-ninth and fortieth years of the reign of his Majesty King George...
Page 207 - Company, to authorize and empower the said Governor and Company to increase the Amount of Securities in the said Issue Department beyond the total Sum or Value of Fourteen million Pounds, and thereupon to issue additional Bank of England Notes to an Amount not exceeding such increased Amount of Securities specified in such Order in Council, and so from Time to Time: Provided always, that such increased Amount of Securities specified in such Order in Council shall in no Case exceed the Proportion...
Page 43 - ... during the continuance of the corporation of the governor and company of the Bank of England, no other bank, or any other corporation, society, fellowship, company, or constitution in the nature of a bank, shall be erected, or established, permitted, suffered, countenanced, or allowed by act of parliament, within...
Page 19 - Be it therefore declared and enacted, that any body politic or corporate, or society, or company, or partnership, although consisting of more than six persons, may carry on the trade or business of banking in London, or within sixty-five miles thereof...
Page 52 - It was enacted, that during the continuance of the Corporation of the Governor and Company of the Bank of England, no other bank, or any other corporation, society, fellowship, company, or constitution, in the nature of a bank, shall be erected or established, permitted, suffered, countenanced, or allowed by Act of Parliament, within this kingdom.