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Books Books 1 - 4 of 4 on By an agreement between the different banks, they never called upon each other to....
" By an agreement between the different banks, they never called upon each other to pay their notes in specie ; and thus each bank always held large quantities of the notes of other banks, for which they did not demand payment; and such was the political... "
Capital, currency, and banking; a ser. of articles publ. in The Economist - Page 268
by James Wilson - 1847
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Capital, Currency, and Banking: Being a Collection of a Series of Articles ...

James Wilson - Banks and banking - 1859 - 303 pages
...understanding which existed among the Banks themselves, and between them and the public, the paper was^really not convertible. By an agreement between the different...political prejudice against the payment of specie, that auy private individual who demanded the payment of specie to any large amount, was marked as a common...
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Money

Francis Amasa Walker - Money - 1877 - 550 pages
...that, in American Banking statistics, the column, "Notes of other banks," assumes so much importance. never called upon each other to pay their notes in...prejudice against the payment of specie, that any private individ' ual who demanded the payment of specie to any large amount was marked as a common victim by...
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Money in Its Relations to Trade and Industry

Francis Amasa Walker - Economics - 1879 - 339 pages
...Currency and Banking, wrote as follows regarding the American banks in the period under review : " By an agreement between the different banks they never...amount, was marked as a common victim by the banks." There was, perhaps, no period, certainly no considerable period, when this statement of Mr. Wilson...
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Money in Its Relations to Trade and Industry

Francis Amasa Walker - Economics - 1879 - 339 pages
...Currency and Banking, wrote as follows regarding the American banks in the period under review : " By an agreement between the different banks they never...their notes in specie ; and thus each bank always held lar^e quantities of the notes of other banks for which they did not demand payment ; and such was the...
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