The governor and company of the Bank of England and any persons concerned in the management of any Scottish or Irish bank of issue may, so far as temporarily authorized by the Treasury and subject to any conditions attached to that authority, issue notes... The Quarterly Journal of Economics - Page 66edited by - 1915Full view - About this book
| Great Britain. Foreign Office, Great Britain. Foreign and Commonwealth Office - Great Britain - 1918 - 1010 pages
...other charges, whether under statute or otherwise, on the assets of that person. 3. The Governor and Company of the Bank of England, and any persons concerned...authority, issue notes in excess of any limit fixed by law ; and those persons are hereby indemnified, freed, and discharged from any liability, penal or civil,... | |
| Economics - 1914 - 684 pages
...concerned in the management of any Scottish or Irish bank of issue may, so far as temporarily authorised by the Treasury and subject to any conditions attached...issue notes in excess of any limit fixed by law." The conditions of issue of the Treasury notes practically give the Treasury a free hand. I believe that... | |
| Economics - 1914 - 710 pages
...concerned in the management of any Scottish or Irish bank of issue may, so far as temporarily authorised by the Treasury and subject to any conditions attached...issue notes in excess of any limit fixed by law." The conditions of issue of the Treasury notes practically give the Treasury a free hand. I believe that... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1914 - 768 pages
...concerned in the management of any Scottish or Irish bank of issue may, so far as temporarily authorised by the Treasury and subject to any conditions attached...authority, issue notes in excess of any limit fixed by law ; and those persons are hereby indemnified, freed, and discharged from any liability, penal or civil,... | |
| Great Britain - War and emergency legislation - 1914 - 600 pages
...concerned in the management of any Scottish or Irish bank of issue may, so far as temporarily authorised by the Treasury and subject to any conditions attached...authority, issue notes in excess of any limit fixed by law(c); and those persons are hereby indemnified, freed, and discharged from any liability, penal or... | |
| Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - Economics - 1915 - 894 pages
...clause was inserted in the Currency and Bank Notes Ad, 1914, as follows; — " The Governor and Companj' of the Bank of England and any persons concerned in...sovereigns as the chief circulating medium in the country. £1 and possibly 10s. notes were, therefore, necessary. Altho every one who had thought about these... | |
| Hartley Withers - Banks and banking - 1915 - 192 pages
...otherwise, on the assets of that person. Authority to issue Bank Notes beyond limit. 3. The governor and company of the Bank of England and any persons concerned...authority, issue notes in excess of any limit fixed by law ; and those persons are hereby indemnified, freed, and discharged from any liability, penal or civil,... | |
| Economics - 1915 - 682 pages
...concerned in the management of any Scottish or Irish bank of issue may, eo far as temporarily authorised by the Treasury and subject to any conditions attached...issue notes in excess of any limit fixed by law." It was generally believed until recently that no advantage had been taken of this clause, as it was... | |
| Great Britain - World War, 1914-1918 - 1915 - 518 pages
...Irish Banks. Issue may, so far as temporarily authorised by the Treasury and subject to any condition attached to that authority, issue notes in excess of any limit fixed by law.(a) The Chancellor of the Exchequer recommends to the Board that in view of the apprehended shortage... | |
| British Association for the Advancement of Science - Science - 1916 - 1044 pages
...Banks of Issue may issue notes in excess of the limit fixed by law so far as temporarily authorised by the Treasury and subject to any conditions attached to that authority. Banks of Issue were indemnified against any liability on the ground of excess of issue after August... | |
| |