Get 1 more page view just for clicking
to like us on Facebook
Circular To Bankers (Newspaper) - June 26, 1828, London, Middlesex 11 ti: LI 1 No. 10. J FRIDAY, SEPTEMBER 26, 1828. TO OUR SUBSCRIBERS. Sirs, W bee V frequently asked to g P f pediency of withdrawing small notes gradually fro panic experienced we Id mention the names of bankers, who had large circulations of small notes, that that were so little affected by the prevailing contagion, they did not get, either from London or elsewhere, a singl sovereign, to meet the increased demand arising from th circulation, in such a manner as to I paid off in April next, when the whole y few to be panic of Wh many parts of England, whe must (as far as the the small notes of private bankers do not circulate, the power of the banker to re-issue them is concerned) be sup- panic was most severely felt, and produced the most disas- are so S pressed. In deciding this question, experienced bankers � much better able to form an opinion, from the peculiar circumstances attending the circulation in the various vicinities of their banks; and on this local knowledge so much of are more subj sequences, notes, being held r by the inferi of iety than by the wealthy, are undoubtedly in the of those who less under the inn* j be alarmed th ce of reason, the rich. To and the question hinges, that we have not been anxious to give consideration of the case has left pr.ession which the d bank the i it they may, in England, sometimes create runs upc � � h s. Being held also by great numbers of the peopl tgitation of numbers under alarm, There j of great knowledg cy, who say, that if there had been person banking and affect the feelings of o, may, m some in-f the comparatively few wh dep money on interest in banks. But thi England in the y we should effect is partial, and not ge We are acquainted with had pan an pin hich men in p are also some remarkable instances, where more money was brought disposed These gentlemen forget, that the into banks by depositors during runs, than was taken out more alarming and trying panic amongst the bankers during the same time for payment of the small notes. year 17
Once upon a time newspapers were our main source of information. Now those old newspapers are a reliable source for hundreds of years of history and secrets of the past. Now you can search for people, places, and events without the hassle of sorting through mountains of papers!
Newspaper Archive is the world's largest online newspaper database featuring over 145+ million newspaper pages. Plus our database expands by one newspaper page per second for a total of around 2.5 million pages per month! The value of your membership grows along with it.
Those looking to find out more about their forefathers can empower their genealogy search with Newspaper Archive. Within our massive database, users can search ancestors' names for news stories and obituaries. We must understand our past to understand our future!
24 hours a day Monday-Saturday
Your full introductory membership payment will be credited toward the cost of full membership any time you choose to upgrade!
"It is amazing how easy and exciting it is to access all of this information! I found hundreds of articles about my relatives from Germany! Well worth the subscription!" - Michael S.
"I love this site. It's interesting to read articles about different family members. I've found articles as well as an obituary about an uncle who passed away before I was born, and another about a great aunt. It's great for helping with genealogy." - Patricia T.
"A great research tool. Allows me to view events and gives me incredible insight into the stories of the past." - Charles S.