Lombard Street: A Description Of The Money Market Contributor(s): Bagehot, Walter (Author) |
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ISBN: 1162671572 ISBN-13: 9781162671574 Publisher: Kessinger Publishing OUR PRICE: $23.70 Product Type: Paperback - Other Formats Published: September 2010 |
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. |