Chronicles of the Bank of England
Chronicles of the Bank of England
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In our eReader you can find the full English version of the book. Read Chronicles of the Bank of England Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Chronicles of the Bank of England
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Digiti ized by Google THE BANK OF ENGLAND 71 interests of the Bank. Accordingly they proposed and obtained more advantageous terms than might have been entertained at a subsequent period. They offered in exchange for an extension of the Charter for twenty-five years to grant a loan of three millions for three years at 3 per cent, interest. There was great opposition to this proposal; the expenses of the war, however, made the offer of help very acceptable to the Government. Lord North spoke str...ongly in favour of the bill, "and proposed to pay off two millions of the navy debt with the money now offered him. The bill was passed and the Charter prolonged **till twelve months* notice after August 1st, 1812." In 1789 Francis Fenton, a clerk in the Bank, was executed for forgery. His crime was somewhat unconmion in its method : having been requested by a friend to purchase £50 Stock, Fenton gave him a forged receipt and at the same time obtained his signature to a transfer for £450, having led him to believe that it was an acceptance of the £50 Stock he had purchased.
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You can find similar books in the "Read Also" column, or choose other free books by Benjamin Bannister Turner to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Digiti ized by Google THE BANK OF ENGLAND 71 interests of the Bank. Accordingly they proposed and obtained more advantageous terms than might have been entertained at a subsequent period. They offered in exchange for an extension of the Charter for twenty-five years to grant a loan of three millions for three years at 3 per cent, interest. There was great opposition to this proposal; the expenses of the war, however, made the offer of help very acceptable to the Government. Lord North spoke str...ongly in favour of the bill, "and proposed to pay off two millions of the navy debt with the money now offered him. The bill was passed and the Charter prolonged **till twelve months* notice after August 1st, 1812." In 1789 Francis Fenton, a clerk in the Bank, was executed for forgery. His crime was somewhat unconmion in its method : having been requested by a friend to purchase £50 Stock, Fenton gave him a forged receipt and at the same time obtained his signature to a transfer for £450, having led him to believe that it was an acceptance of the £50 Stock he had purchased.
What to read after Chronicles of the Bank of England?
You can find similar books in the "Read Also" column, or choose other free books by Benjamin Bannister Turner to read onlineMoreLess
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