 | Henry Nicholas Sealy - Banks and banking - 1858 - 690 pages
...requisite to extend their discounts and advances upon approved securities, so as to require issues of notes beyond the limits fixed by law, Her Majesty's...should be met immediately upon its occurrence, and that in. that event they will not fail to make application to Parliament for its sanction. No such... | |
 | John Holmes Agnew, Walter Hilliard Bidwell - 1866 - 818 pages
...authorized "to extend its discounts and advances upon approved securities beyond the limit fixed by law. No such discount or advance, however, should be granted at a rate of interest less than ten per cent., and her Majesty's Government reserve to themselves to recommend, if they should see... | |
 | James Anthony Froude, John Tulloch - Authors - 1866 - 860 pages
...authorised ' to extend its discounts and advances upon approved securities beyond the limit fixed by law. No such discount or advance however, should be granted at a rate of interest less than io per cent., and Her Majesty's Government reserve to themselves to recommend if they should see fit,... | |
 | Leone Levi - 1866 - 574 pages
...discounts and advances upon approved securities, so as to require issues of notes beyond the limit fixed by law, her Majesty's Government recommend that this necessity should be met immediately npon its occurrence, and in that event they will not fail to make application to Parliament for its... | |
 | Charles Tennant - Banks and banking - 1866 - 894 pages
...is requisite to extend their discounts and advances upon approved securities so as to require issues of notes beyond the limits fixed by law, Her Majesty's Government recommend that the necessity should be met immediately upon its occurrence No such discount or advance, however, should... | |
 | James William Gilbart - 1871 - 678 pages
...their discounts and advances upon approved securities, so as to require issues of notes beyond tho limits fixed by law, her Majesty's Government recommend...to make application to Parliament for its sanction. rate. After deduction by the bank of whatever it may consider to be a fair charge for its risk, expense,... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1886 - 922 pages
...and advances upon approved securities so as to require issues of notes beyond the limits fixed bylaw, Her Majesty's Government recommend that this necessity...advance, however, should be granted at a rate of interest of less than ten per cent., and Her Majesty's Government reserve it to themselves to recommend, if... | |
 | George Clare - Banks and banking - 1902 - 242 pages
...fixed by law, Her Majesty's Goveru" ment recommend that this necessity should be met im" mediately upon its occurrence, and in that event they will "not...however, should be granted "at a rate of interest of less than ten per cent." All fear of an actual collapse was now removed, but it was long before... | |
 | Ernest Sykes - Banks and banking - 1905 - 280 pages
...requisite to extend their discounts and advances upon approved securities, so as to require issues of notes beyond the limits fixed by law, her Majesty's...granted at a rate of interest less than 10 per cent. . . ." (a) It will be seen from this extract that the sole reason for the suspension was to enable... | |
 | Hartley Withers, Sir Robert Harry Inglis Palgrave - Banks and banking - 1910 - 310 pages
...requisite to extend their discounts and advances upon approved securities, so as to require issues of notes beyond the limits fixed by law, Her Majesty's...advance, however, should be granted at a rate of interest of less than ten per cent, and Her Majesty's Government reserve it to themselves to recommend, if they... | |
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England, proceeding upon the prudent rules of action by which their administration is usually governed, shall find that in order to meet the wants of legitimate commerce, it be requisite to extend their discounts and advances upon approved securities,... 
