Geschichte der großen amerikanischen Vermögen: Geschichte der großen amerikanischen Vermögen

Bibliographic data

Multivolume work

Identifikator:: 1895264332

Document type:: Multivolume work

Author:: Myers, Gustavus

Title:: Geschichte der großen amerikanischen Vermögen

Place of publication:: Berlin

Publisher:: Fischer

Year of publication:: 1916 -

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Volume

Identifikator:: 1895266750

URN:: urn:nbn:de:zbw-retromon-242184

Document type:: Volume

Author:: Myers, Gustavus http://d-nb.info/gnd/10190651X

Title:: Geschichte der großen amerikanischen Vermögen

Volume count:: Bd. 1

Place of publication:: Berlin

Publisher:: Fischer

Year of publication:: 1916

Scope:: XL, 412 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Dritter Teil: Die grossen Vermögen aus Eisenbahnen

Collection:: Economics Books

PERMANENT ANNUITIES 419 trading and industrial classes in the Lowlands found that, A.D. 1689 during the period of Whig ascendancy, their political ie. 3 . though the principles had the upper hand, and that the economic wnat maxims, which were influential at Westminster, were most Tools haw favourable to their own material interests. Since 1707 the fiscal and economic affairs of the whole island have been effectively controlled from one centre; and under the Parlia- ment of Great Britain, Scotland has been stimulated into developing a vigorous economic life, which is moreover re- markably independent of that of the southern kingdom. XII, PuBrLic FINANCE. 0 1 rs | ps Le at ~h Cy 1] - 18, ‘TS ad te 1g m, ad he and The a of Ld 213. Attention has been directed above to the profound iv a political significance of the formation of the Bank of England, tke Bank . . . . . supers: and to its bearing on the authority of a constitutional mon- thy wractice arch. The changes in business practice it brought about and the stimulus it gave to trade were important, but the main motive of its founders lay in the fact that they had devised a new expedient in finance?. The Bank rendered public borrowing much less onerous than it had ever been before? The Kings of England had been in the habit, from time immemorial, of borrowing in anticipation of the taxes, and obtaining money for immediate use by guaranteeing re- payment when certain forms of revenue were collected. Charles I. had been deeply indebted to the farmers of the 1 See p. 411 above. ® The Bank of Genoa had been called into existence in 1407 to finance the State debts, and its fonndation was in some way analogous to that of the Bank of England. The Banks of Venice (1587) and Amsterdam (1609) were called into being to meet commercial rather than political requirements. 8 For its influence on the currency and the trading community see below, p- 442. There was little that was original in the project, as many similar schemes had been proposed; but none of them had taken practical shape. One of the earliest was that of Christopher Hagenbuck in 1581 (5.P.D. El or. 78). Compare algo Sir Paul Pindar’s letter, 4 Discourse concerning the erecting a Bank for the Crown upon occasion of the King's demanding a Loan from the City (Brit. Maus. Lans. M88. cv. 90); also Sir Robert Heath's project in 1622 (S. P. D. J. I. CXxx. 29, 31, 82). 'W. Potter suggested a land bank, under the Commonwealth (Humble Proposals, 1651). Sir John Sinclair mentions 4 Description of the Office of Credit (1665) and the Proposals to the King and Parliament of a large Model of a Bank. by M. Lewis (1678). History of the Public Revenue, 111, 237. 27 —9

Access restriction

Copyright

fullscreen: The Industrial Revolution

Multivolume work

Volume

Chapter

Table of contents

Download

Monograph

This page

Image fragment

Citation links

Citation recommendation