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The Bank of England is very severely and strictly restricted by law in the matter of its note issue, but it luckily happened, when Parliament was imposing these restrictions on the Bank's business, that note issuing was already becoming a comparatively unimportant part of banking, owing to the development of the use of cheques.
He made out a credit slip for 119,000 pounds, and, passing it across the counter with a roll of notes and cheques, asked for his shares. They sent for the manager. Trent was ushered with much ceremony into his private room. The manager was flushed and nervous. "I am afraid you must have misunderstood my note, Mr. Trent," he stammered.
He shivered as though she had struck him a blow. "You think," he exclaimed, "that I am a man of pounds, shillings, and pence! Is it my fault that you owe me money?" He snatched her cheques from his inner pocket and ripped them in pieces, lit a match and watched them while they smouldered away. She, too, watched with emotionless face. "Do you think that I want to buy you?" he demanded. "There!
These were a navvy, named Burt, and Williams, a young Welshman, who had disappeared from home behind a cloud of forged cheques, and having changed his name had made a fresh start in life to the south of the equator. These three worked day and night buying in stones from the more needy and impecunious miners, to whom ready money was a matter of absolute necessity.
In one pocket I carried a cheque-book, a fountain-pen, a dater, and a blotter; in another pocket I carried between one and two thousand dollars in paper money and gold. I was ready for the creditors, cash for the small ones and cheques for the large ones, and was waiting only for Roscoe to arrive with the balances of the accounts of the hundred and fifteen firms who had delayed me so many months.
"A forged cheque!" exclaimed Mr. Sanders, aghast; "impossible!" "There must be some mistake here," said George, "the accounts in our books, if I recollect rightly, correspond with the cheques; but " "It is a clumsily arranged affair, although the forgery is a masterpiece of penmanship," said Mr.
The landlord of the hotel takes cash for the dinner, and the ostler takes his shilling. For the rest, it is all cheques cheques, cheques; so that the whole business of agriculture, from the purchase of the seed to the sale of the crop, passes through the bank. The toll taken by the bank upon such transactions as simple buying and selling is practically nil; its profit is indirect.
"I have a cheque book right enough what's your game now?" "Just an idea of mine before I pay you bring out your cheque book, you'll see what I mean in a minute." Voles hesitated, then, with a laugh, he took the cheque book from the breast pocket of his overcoat. "Now tear out a cheque." "Tear out a cheque," cried the other. "What on earth are you getting at one of my cheques this is good."
"We can't go to prison for it, can we, mister?" asked Ada suddenly, after a pause. "No," I said; "there's nothing dishonest in what I propose." "Oh, she didn't so much mean that," said Thomas, thoughtfully. They gave me a shakedown for the night in the cargo. Just before turning in, I said casually, "If anyone except me cashed the cheques by mistake, he'd go to prison quick."
When he was travelling he used to leave his investment securities and other valuable documents in his bankers' custody, and, as he has never applied to have them returned, the bankers still have them and are retaining them until the will is proved, when they will, of course, hand over everything to the executors." "What is the object of photographing these cheques?" I asked.
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