Publisher's Synopsis
Excerpt from A General History of the Most Prominent Banks in Europe: Particularly the Banks of England and France
IN this work the author does not aim at originality, or to give a learned dissertation on the multiform principles, or complex science, of banking. This has been done effectu ally by more competent hands. But his Whole object is to give a plain business statement of things as they have been, and are: to trace the rise and progress of important mo heyed institutions, and show what effects they have pro duced upon commerce, upon arts, upon agriculture, and upon society in general, and the beneficial results upon each, when properly managed: and to delineate the deleterious conse quences they are capable of, and necessarily do produce, when intrusted to unskillful agents.
The facts adduced have been drawn from different'ency clopedias, and other authorities equally valuable; and during the investigation, reference has been made to every source within his reach, which could in any way elucidate the sub ject. The Bank of England, having been continued by prudent hands, standing alone, has sustained itself, and al most or quite sustained the government, for a period of nearly a century and a half, down to the present day: while that of France, having been taken into the hands of government.
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