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Archive for March 9th, 2008

09 Mar

It goes without saying that the Committee does not recommend the

continuance in peace of the differential rates for home and foreign
money that were introduced as a war measure with a view to lowering
a rate at which the Government borrowed at home for war purposes
It goes without saying that the Committee does not recommend the
continuance in peace of the differential rates for home and foreign
money that […]

09 Mar

There is another kind of Bonus share, which is not exactly a Bonus

share, but carries a bonus with it
There is another kind of Bonus share, which is not exactly a Bonus
share, but carries a bonus with it. This comes into being when the
directors of a company sell new shares to existing shareholders at a
price below the terms which they might have obtained if they made a
new issue […]

09 Mar

Bank Fusions and the State–Their Effects on the Bank of England–Mr

Sidney Webb”s Forecast–His Views of the Benefits of a Bank
Monopoly–The Contrast between German Experts and British
Amateurs–Bankers” Charges as affected by Fusions–The Effects of
Monopoly without the Fact–The ‘Disinterested Management’ Fallacy–The
Proposal to split Banking Functions–A Picture of the State in
Control
Bank Fusions and the State–Their Effects on the Bank of England–Mr
Sidney Webb”s Forecast–His Views of the Benefits of […]

09 Mar

Other wheels in London”s credit machinery are the London offices of

colonial and foreign banks, and the bill brokers or discount houses
which deal in bills of exchange and constitute the discount market
Other wheels in London”s credit machinery are the London offices of
colonial and foreign banks, and the bill brokers or discount houses
which deal in bills of exchange and constitute the discount market. Thus
we see that there […]

09 Mar

# Predispose a debt consolidation loan? A consolidation loan is one that combines several debts,

# Predispose a debt consolidation loan? A consolidation loan is one that combines several debts, usually at towering significance rates, into one loan at a lower scale.

09 Mar

‘A regulation under the Defence of the Realm Act has accordingly been

made prohibiting all Capital Issues except under licence from the
Treasury, and the Capital Issues Committee has been reconstituted with
new Terms of Reference, which are as follows:–

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