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THE MODUS OPERANDI OF THE DISCOUNT RATE AND SECURITY OPER
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absorption of funds advances amount Appendix balances Bank Act Bank Charter Bank circulation Bank notes Bank of England Bank rate bank reserves bankers Banking Department believe bill brokers Branches bullion capital cash cause cent central bank Chart claimed commercial commodity considered Consolidated Fund contraction coun country banks country circulation Currency School directors discount market discount rate discussion dividend drain effect evidence exchange Exchequer bills extent foreign Fullarton Gilbart gold movements gold standard government securities Gurney held History of Prices important increase internal joint stock banks less Letter limited liquidity loans London banks Loyd maintain market rate means ment Millions of Pounds monetary money market Morris Norman operations Palmer panic payments position Pound Sterling procedure raising the rate reduced regulate rency Report reserve deposits restriction Select Committee speculation statement Stuckey's supply theory Thornton tion Tooke Torrens traders Treasury Weguelin