Circular to Bankers Volume 1-52

Circular to Bankers Volume 1-52

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1828 edition. Excerpt: ...amongst those who are considered by us to be the best informed on the subject, a disposition to increase their investments in the funds. Some of these anticipate a considerable advance. We think, however, that circumstances may occur of so much moment as to produce a material effect in lowering the confidence of our capitalists, in regard to the stability, and easy operation, of our money affairs. The present abundance of money--the condition of our finances--the confidence reposed in the strongest administration which has existed in this country since the days of Mr. Pitt--are circumstances which clearly point to the great probability of an advance. And they do so especially at this juncture, on account of the meeting of Parliament, which is an event that generally occasions an increased confidence in the value of public securities. But the Turkey question--the export of the precious metals--the import of corn--the drain of gold for the English Bankers, and for the Irish Banks--and the political stale of Ireland, are, on the other hand, circumstances which cause any speculation for an advance to be attended with more than ordinary hazard. We discharge our duly by reporting what is the prevailing feeling amongst the most intelligent, and the most successful men, on the Stock-Exchange, without presuming to advise our subscribers on the subject. It is obvious that, in a great measure, the cause of the confidence of our capitalists rests on a single name, which has now as much influence in this kingdom as the name of Pitt ever possessed. The Exchanges are a little higher to-day, both with Paris and Hamburgh. On this important subject of the Exchanges, and the export or import of the precious metals, we endeavour to gel all the information in our...show more

Product details

  • Paperback | 288 pages
  • 189 x 246 x 15mm | 517g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236651693
  • 9781236651693