Download or read book The Theory and Practice of Banking, Vol. 2 (Classic Reprint) written by Henry Dunning MacLeod and published by . This book was released on 2015-06-28 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Theory and Practice of Banking, Vol. 2 The first volume of this Work was scarcely out of the press, when the crisis which every one conversant with monetary matters knew to be impending, burst with the suddenness and the fury of a tornado, producing a series of Banking catastrophes greater than had ever before happened in the City of London. All the circumstances attending it, however, and the course which the Government found necessary to pursue - for the third time to authorise a suspension of the Bank Act of 1844 - have amply confirmed the soundness and the truth of the doctrines set forth in this Work, The Author may, perhaps, be permitted to direct attention to Chapters XI. and XII. of this Volume, as having an especial interest at the present time. In Chapter NT. several Theories of Currency of great historical importance arc investigated, particularly that of John Law. 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.