APPROPRIATION OF PAYMENTS or may be implied from circumstances if debtor does not, creditor may at any time before trial when notified to debtor cannot be revoked cannot be made to an illegal debt but may to one only barred by Statute or a technicality if none made by creditor or debtor, Law will ARISTOPHANES first notices the fact that bad money drives out good money from circulation ARISTOTLE his definition of Wealth, now generally adopted his definition of value sees the true nature of money ARNOLD his chronicle, giving common forms of Bills and Notes in the ASSIGNABLE distinction between, and negotiable instruments ATTORNMENT gradually abolished in unilateral contracts i., 198 ii., 421 law of creditor and debtor in England, last relic of observes that schuld in German means both a right and a duty i., 138 Charles I. seizes the merchant's money in the Mint how goldsmiths came to be called "bankers" on the nature of BANK ACTS of 1694 contained no monopoly of 1697 gave a monopoly. of 1709, forbidding private banks of more than six partners to causes which compelled its suspension in 1847, 1857, and 1866 Charles II. seizes the bankers' money in the Exchequer great decrease of country notes after 1793 four relations between, and customer as purchaser of specie and debts as agent, trustee, or bailee of banking securities as agent or correspondent of other banker i., 415 i., 417 ii., 347 paying cheques under suspicious circumstances must pay cheques in order presented how, must debit his customer's account dishonouring customer's cheque when liable for cheques drawn in breach of trust application of Statute of Limitations to must not pay customer's cheque after notice of bankruptcy or liable for paying forged letter of credit ii., 505 ii., 505 ii., 505 ii., 506 ii., 506 ii., 506 ii., 508 ii., 508 ii., 508 .ii., 510 the Act 16 & 17 Vict. (1853), c. 59, s. 19, does not apply to stamps on. when good tender of payment when vendor takes at his own risk when may reclaim payment from transferor credit given by a banker for notes paid in payable at a particular place given in payment to a servant . paying acceptance with stolen notes. payable at two places when vendor may stop goods in transitu time when holder must circulate or present for payment. rules respecting presenting of acceptances and payment, &c, on ii., 484 Act of 1697 to increase Capital and restore credit of Note table shewing discount on Bank notes in 1696-7 i., 409 Act of 1709 to increase capital . i., 415 restricts private banks issuing notes to six persons description of banking in monopoly clause does not affect banks which do not issue notes payable in less than six months run on in.September, 1745 i., 429 BANK OF ENGLAND resumes cash payments in 1821 neither accelerated nor retarded by Peel's Act of 1819 great mismanagement of in 1824-5 its principle of currency condemned before Committee of 1840. ii., 144 ii., 140 ii., 155 may, and did commit same error in April, 1847, as under ii., 162 state of, at time of suspension . action of, in crisis of 1866 third suspension of the Bank Act in 1866 its organisation under the Bank Act of 1844 partly based on partly founded on Lawism arithmetical errors of its constructors explanation of failure of Act in April, 1847 composition of its directorate ii., 191 points out fallacy of expression "Intrinsic Value" evidence before Lords' Committee of 1819 BARING, SIR FRANCIS blames the conduct of the Bank in crisis of 1793 account of origin of crisis of 1797 BARTER BASTIAT describes the true nature of money BAUDEAU sees the true nature of money BECCARIA on value i., 71 ii., 75 ii., 439 i., 439 i., 444 i., 39 |