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Updated: June 25, 2025
It had 'Consols' and other securities which it could offer for sale no doubt, and which, if sold, would augment its supply of bank notesand the relation of such securities to real cash will be discussed presently; but of real cash, the Bank of England for this purpose the banking bank had then so much and no more. And we may well think this a great deal, if we examine the position of other banks.
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