Publisher's Synopsis
Excerpt from Mr. Goschen's Scheme for Reform of the Bank Acts: An Address Delivered to the Institute of Bankers in Scotland, January 7th, 1892
1 I have found myself hampered in the discussion by the desire, more dear to statesmen than to practical bankers, to vary as little as possible from Sir Robert Peel's principles, and I desire to protect myself from being thought to be an unqualified approver of the average principle. I believe the automatic German system, by which interest is paid to the State on the sum by which at any time the gold' reserve may fall short of the legal requirement, to be equally effective and to rest on a sounder principle. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
