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Lombard Street: A Description Of The Money Market
Contributor(s): Bagehot, Walter (Author)
ISBN: 1162671572     ISBN-13: 9781162671574
Publisher: Kessinger Publishing
OUR PRICE:   $23.70  
Product Type: Paperback - Other Formats
Published: September 2010
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Banks & Banking
- Business & Economics | Economics - General
- Business & Economics | Investments & Securities - General
Dewey: 332.1
Physical Information: 0.37" H x 7.5" W x 9.25" (0.67 lbs) 172 pages
Themes:
- Sex & Gender - Feminine
 
Descriptions, Reviews, Etc.
Publisher Description:
With so many advantages over all competitors, it is quite natural that the Bank of England should have far outstripped them all. Inevitably it became the bank in London; all the other bankers grouped themselves round it, and lodged their reserve with it. Thus our one reserve system of banking was not deliberately founded upon definite reasons; it was the gradual consequence of many singular events, and of an accumulation of legal privileges on a single bank which has now been altered, and which no one would now defend.