Colonial Bank of Issue

Colonial Bank of Issue

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Colonial Bank of Issue was a New Zealand state owned bank that operated between 1847 and 1856 in an early unsuccessful attempt to create a government-owned issuer of bank notes in New Zealand. The bank was created by an Ordinance of the Governor of New Zealand Governor FitzRoy. Pressure from the newly formed Colonial Parliament, the Union Bank of Australasia, and the local commercial sector, along with views developed in the Colonial Office in the United Kingdom to allow experimentation on competition in the issue of banknotes, led to the bank being wound up by the New Zealand Colonial Bank of Issue Winding-Up Act 1856.show more

Product details

  • Paperback | 128 pages
  • 152 x 229 x 8mm | 200g
  • Chrono Press
  • United States
  • English
  • 6135672339
  • 9786135672336