TAILIEUCHUNG - The History of Banks: To Which Is Added, a Demonstration of the Advantages and Necessity of Free Competi- tion In the Business of Banking. Richard Hildreth

To raise the immense sums necessary for these vast undertakings, new stock was occasionally created. The original shares in the com- pany, were 500 livres each; but the new stock which was created from time to time, was rated at an advanced price; at the last creation of new shares, the subscription price was advanced to 5000 livres: and so much were the expectations of the public excited, and such was the competi- tion for the possession of the stock, that these same shares sold on the public exchange for 10,000 livres. Such of the old proprietors as sold out at this advance, realized immense fortunes. As the company. | The HiSTORy GF Banks To Which Is Added a Demonstration of the Advantages and NecessiTy OF Free Competition In the Business of Banking. Richard Hildreth Batoche Books Kitchener 2001 Original Edition Boston Milliard Gray Company. 1837. This edition Batoche Books Limited 52 Eby Street South Kitchener Ontario N2G 3L1 Canada email batoche@ Contents Chapter I Banks of Venice Genoa and Chapter II Banks of Amsterdam and Chapter III Bank of Chapter IV Private Banks. 10 Chapter V Scotch Banks. 10 Chapter VI Law s System of Banking. Land Chapter VII Mississippi System. 13 Chapter VIII Continuation of the History of the Bank of England. Stoppage and Resumption of Specie Payments. 16 Chapter IX Continuation of the History of English Private Banks. Joint Stock Chapter X Government Paper Chapter XI Colonial Currencies of Paper Money in Chapter XII American Chapter XIII First Bank of the United Chapter XIV State Banks. Stoppage of Specie Chapter XV Second Bank of the United States. Resumption of Specie Chapter XVI Panic of Chapter XVII Continuation of the History of American Chapter XVIII The controversy touching the re-charter of the Second Bank of the United States. Panic of 1833-34. 44 Chapter XIX Present State of American Industry and Chapter XX Banks on the Continent of Part Second A Demonstration of the Advantages and Necessity of Free Competition in the Business of Chapter I The Received Theory of Chapter II New Theory of Banking .60 Chapter III Of a National .

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