WORKS BY THE SAME AUTHOR. I. A DICTIONARY OF POLITICAL ECONOMY. Biographical, Bibliographical, Historical, and Practical. VOL. I., Second Edition, preparing. VOL. II., Completing the Work, in progress. II. Adopted by M. MICHEL CHEVALIER at the College PRINCIPLES OF ECONOMICAL PHILOSOPHY. VOL. II., PART I., Price 12s., Completing PURE ECONOMICS. VOL. II., PART II.; MIXED ECONOMICS, in the Press. III. THE ELEMENTS OF BANKING. 1 VOL., CROWN 8vo., PRICE, 7s. 6d. IV. THE ELEMENTS OF POLITICAL ECONOMY. 1 VOL., PRICE, 168. Being the first Edition of the Principles. A few Copies of this Work may still be had. THE THEORY AND PRACTICE OF BANKING. BY HENRY DUNNING MACLEOD, Esq., M.A., OF TRINITY COLLEGE, CAMBRIDGE, AND THE INNER TEMPLE; BARRISTER-AT-LAW; SELECTED BY THE ROYAL COMMISSIONERS FOR THE DIGEST OF THE LAW TO PREPARE Testimony is like the shot of a long bow, which owes its efficacy to the THIRD EDITION. VOLUME II. LONDON: LONGMANS, GREEN, READER, AND DYER. 1876. THE AUTHOR RESERVES THE RIGHT OF TRANSLATION. 2. Opinions held in 1696, respecting the depreciation of paper 2 4. After the restriction prices estimated in Bank paper 5. Sudden rise in the market price of Gold in 1801 . 6. Discovery of the truth that a rise in the market price of gold 13. The Bank of Ireland directed to suspend payments in cash. 14. Extraordinary depression of the Exchange between London 15. Appointment of a Committee to inquire into the state of the 11 12 13 13 27. The Committee report that the Directors should regulate their issues by the price of guineas and the foreign Ex- 32. First declaration by a Parliamentary Committee that the 36. The Berlin decree against British commerce in 1807 37. Immense speculation in 1808, and subsequent years 38. Great multiplication of country banks in 1809 41. Report of 1810 identical in principle with that of 1804 43. Identity in sentiment between the witnesses examined before 45. State of facts agreed upon 46. Issues maintained by one party 47. Issues maintained by the other party 33 |