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Updated: June 3, 2025
All their spare money is in London, and is invested as all other London money now is; and, therefore, the reserve in the Banking Department of the Bank of England is the banking reserve not only of the Bank of England, but of all Londonand not only of all London, but of all England, Ireland, and Scotland too. Of late there has been a still further increase in our liabilities.
He afterwards prospered, and some twenty-five years afterwards, all those shareholders in the defunct bank who still held, in the Birmingham Banking Company, the shares they had been allotted in exchange at the time of the transfer, received cheques for the deficiency, with interest thereon for the whole period it had been unpaid.
Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from those rules, in consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous and frequently fatal to the banking company which attempts it.
For surely nothing save genuine zeal, and fidelity to a strong purpose could have carried them through the experiences that awaited them. The mission school was still small and struggling. But for the almost heroic energies of its superintendent, a clerk in a city banking house, it could not have been carried on at all.
"Look, Jeff," McKenna said, at length. "If it's the way you think, this guy won't dare kill you instantly, will he? Seems to me, the way the script reads, this other guy shoots you, and you shoot back and kill him, and then you die. Isn't that it?" Rand nodded. "I'm banking on that. He'll try to give me a fatal but not instantly fatal wound, and that means he'll have to take time to pick his spot.
Write and tell the Barking man to hurry up with his liver and his gout. Tell him you're being sweated to death dragging his rotten old banking cart, and that he's just got to come home and set you free, and get between the shafts and do the dragging and sweating himself. Ah, there's the hansom. You must go. I'd no notion it was so late."
It is unsafe to leave the settlement of this question to Congress, the Secretary of the Treasury, or the Executive. Congress should make the regulation under which banks may exist, but should not make banking a monopoly by limiting the amount of redeemable paper currency that shall be authorized.
After completing our observations, we fastened the little tent as securely as possible, banking the snow around it, and left it on top, first having placed in it one of the Appalachian Mountain Club's brass record cylinders, in which we had sealed the Yale flag, a contemporary map of Peru, and two brief statements regarding the ascent.
The trading, banking and landed class had learned well the old, all- important policy of having a Government fully susceptible to their interests, whether the governing officials were put in office by them, and were saturated with their interests, views and ideals, or whether corruption had to be resorted to in order to attain their objects.
During all these visits, young Harley appeared to feel an especial interest in one of the visitors, who was known to hold a responsible position in a down-town banking house. This person was nearly always a loser, and his manner plainly told the fact that those losses greatly affected him.
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