Lombard Street: A Description of the Money Market Part 14
You’re reading novel Lombard Street: A Description of the Money Market Part 14 online at LightNovelFree.com. Please use the follow button to get notification about the latest chapter next time when you visit LightNovelFree.com. Use F11 button to read novel in full-screen(PC only). Drop by anytime you want to read free – fast – latest novel. It’s great if you could leave a comment, share your opinion about the new chapters, new novel with others on the internet. We’ll do our best to bring you the finest, latest novel everyday. Enjoy!
The three resolutions proposed by Mr. Moxon were then read; but they were not put to the meeting, inasmuch as they found no seconders.
Mr. Alderman Salomons said that their Governor had observed that he thought the payment of interests on deposits was objectionable; and everyone must see that such a practice ought not to be adopted by the Bank of England. But he took it for granted that the Governor did not mean that his statement should apply to joint stock banks which he had himself told them had conducted their business so creditably and so successfully.
The Governor of the Bank said that what he stated was that such a system would be dangerous for the Bank of England, and dangerous if carried into effect in the way contemplated by Mr. Moxon.
Mr. P. N. Laurie said he understood the Governor of the Bank to say that it would be dangerous to take deposits on call, and in that opinion he concurred.
Mr. Alderman Salomons said that he, too, was of the same opinion.
On the motion of Mr. Alderman Salomons, seconded by Mr. Botly, a vote of thanks was pa.s.sed to the Governor and the directors for their able and successful management of the Bank during the past half-year, and the proceedings then terminated.
Lombard Street: A Description of the Money Market Part 14
You're reading novel Lombard Street: A Description of the Money Market Part 14 online at LightNovelFree.com. You can use the follow function to bookmark your favorite novel ( Only for registered users ). If you find any errors ( broken links, can't load photos, etc.. ), Please let us know so we can fix it as soon as possible. And when you start a conversation or debate about a certain topic with other people, please do not offend them just because you don't like their opinions.
Lombard Street: A Description of the Money Market Part 14 summary
You're reading Lombard Street: A Description of the Money Market Part 14. This novel has been translated by Updating. Author: Walter Bagehot already has 675 views.
It's great if you read and follow any novel on our website. We promise you that we'll bring you the latest, hottest novel everyday and FREE.
LightNovelFree.com is a most smartest website for reading novel online, it can automatic resize images to fit your pc screen, even on your mobile. Experience now by using your smartphone and access to LightNovelFree.com
- Related chapter:
- Lombard Street: A Description of the Money Market Part 13
RECENTLY UPDATED NOVEL
Transmigrated as the Ex-Wife of a Heroic Man
Transmigrated as the Ex-Wife of a Heroic Man Chapter 853: Future Master View : 225,183
Cultivating In Secret Beside A Demoness
Cultivating In Secret Beside A Demoness Chapter 859: Journey with Jing Dajiang View : 29,545
Raising My Children With My Personal Spatial Ability
Raising My Children With My Personal Spatial Ability Chapter 1390: I'll Give You a Chance to Live View : 764,051
Mediterranean Hegemon Of Ancient Greece
Mediterranean Hegemon Of Ancient Greece Chapter 896: Naval Battle of Thermae (III) View : 362,976
Lord of Mysteries 2: Circle of Inevitability
Lord of Mysteries 2: Circle of Inevitability Chapter 769 Incomplete Corpse View : 242,259
Everlasting Immortal Firmament
Everlasting Immortal Firmament Book 08 Chapter 082: Seeing Jiang Lianshan Again View : 1,170,384
