British War Finance, 1914-15

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D. Van Nostrand Company, 1915 - 367 páginas
 

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Página 41 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Página 337 - They solemnly declare that the present Act has no other object than to publish in the face of the whole world their fixed resolution, both in the administration of their respective States and in their political relations with every other Government, to take for their sole guide the precepts of that Holy Religion, namely the precepts of Justice, Christian Charity and Peace...
Página 153 - For the purposes of this Act a person shall be deemed to have traded with...
Página 337 - ... the precepts of justice, Christian charity, and peace, which, far from being applicable only to private concerns, must have an immediate influence on the councils of princes, and guide all their steps, as being the only means of consolidating human institutions, and remedying their imperfections.
Página 121 - The acceptors will be under obligation to collect from their clients all the funds due to them as soon as possible, and to apply those funds to repayment of the advances made by the Bank of England. Interest will be charged upon these advances at 2 per cent above the ruling Bank Rate. 3. The Bank of England undertakes not to claim repayment of any amounts not recovered by the acceptors from their clients for a period of one year after the close of the war.
Página 313 - Kingdom and either in British or in any other currency, such securities bearing such rate of interest and subject to such conditions as to repayment, redemption or otherwise as they think fit, and may guarantee in such manner...
Página 282 - The progress of the enormous debts, which at present oppress and will in the long run probably ruin all the great nations of Europe, has been pretty uniform.
Página 121 - This course will release the drawers and indorsers of such bills from their liabilities as parties to these bills, but their liability under any agreement with the acceptors for payment or cover will be retained. (2) The acceptors...
Página 338 - Metternich slily laughed, and handed it to his master to sign ; Wellington coldly bowed, and said that the English parliament would require something more precise. The peace of Europe was settled, as every former peace had been settled, upon a struggle for what the respective powers thought most conducive to their own aggrandisement.
Página 116 - August, 1914, to discount it at any time before its due date at Bank rate without recourse to such holder, and upon its maturity the Bank of England will, in order to assist the resumption of normal business operations, give the acceptor the opportunity until further notice of postponing payment, interest being payable in the meantime at 2 per cent. over Bank rate varying.

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