Gresham's Letters on the Solidity of Commercial Bills, and English Bank Notes: Together with Two Letters to the Bank Directors, on the Necessity of Establishing a Board of Controul (Classic Reprint)
Excerpt from Gresham's Letters on the Solidity of Commercial Bills, and English Bank Notes: Together With Two Letters to the Bank Directors, on the Necessity of Establishing a Board of Controul In thefe letters, which are intentionally written in a very brief manner, it is mof't clearly proved, that the'dreaded run upon the Bank of Eng land is, if not impoflible, at leali improbable. The idea of a run originated in ignorance of the real nature of the cafe; and the Diref'tors ofthe Bank have none of thofe dangers to ...
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Excerpt from Gresham's Letters on the Solidity of Commercial Bills, and English Bank Notes: Together With Two Letters to the Bank Directors, on the Necessity of Establishing a Board of Controul In thefe letters, which are intentionally written in a very brief manner, it is mof't clearly proved, that the'dreaded run upon the Bank of Eng land is, if not impoflible, at leali improbable. The idea of a run originated in ignorance of the real nature of the cafe; and the Diref'tors ofthe Bank have none of thofe dangers to fear, which have been induflrioufly held up before them. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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