 The system is evidently unsound, and such establishments cannot be too strongly urged to call up more capital. These observations are not intended to discountenance or throw discredit upon the system of re-discounting. Many banks are known to look upon...  The Philosophy of Joint Stock Banking - Page 57by G. M. Bell - 1840 - 105 pagesFull view - About this book
 | Commerce - 1851 - 802 pages
...districts. This system is evidently unsound, and ench establishments cannot be too strongly urged to cull up more capital. These observations are not intended...upon it with apprehension as being a system fraught «'Ątli danger. It is well for them if they are во circumstanced as to realize a reasonable profit... | |
 | Commerce - 1851 - 796 pages
...districts. This system is evidently unsound, and euch establishments cannot be too strongly urged to cull up more capital. These observations are not intended...discredit upon the system of re-discounting. Many banksare known to look upon it with apprehension as being a system fraught with danger. It is well... | |
 | Alexander Bryan Johnson - History - 1857 - 420 pages
...statement represents the condition of numerous banks in the manufacturing and mining districts. The system is evidently unsound, and such establishments...The absurd and dangerous extent to which it is in sdme cases practiced, is what is here objected to." We cannot conclude, however, without saying, that,... | |
 | Freeman Hunt, Thomas Prentice Kettell, William Buck Dana - Commerce - 1851 - 830 pages
...districts. This system is evidently unsound, and Biich establishments cannot be too strongly urged to cull up more capital. These observations are not intended...fraught with danger. It is well for them if they are BO circumstanced as to realize a reasonable profit without this adventitious aid. The absurd and dangerous... | |
| |
