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" I think joint-stock banks," he said, "are deficient in everything requisite for the conduct of banking business, except extended responsibility. "
The economy of capital, or Gold and trade. Amended ed - Pagina 77
door Robert Hogarth Patterson - 1865 - 456 pagina’s
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The Economy of Capital: Or Gold and Trade

Robert Hogarth Patterson - 1865 - 494 pagina’s
...Overstone, in his evidence before the Parliamentary Committee on the Bank Charter, condemned the jointatock system as quite inapplicable to banking. " I think...transferred their business to the London and Westminster Joint- Stock Bank ! a joint-stock bank of unequalled prestige and resources; but so many private questions...
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The Bank of England: And the Organisation of Credit in England

Charles Tennant - 1866 - 894 pagina’s
...£100 of their own capital. On what gound Lord Overstone gave his opinion that, "joint-stock banks are deficient in everything requisite for the conduct...banking business, except extended responsibility," does not appear. But, whatever may be the experience of Lord Overstone, as a banker, such an opinion...
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A Handbook of London Bankers; with some account of ... the early Goldsmiths ...

Frederick George Hilton PRICE - 1876 - 424 pagina’s
...system as quite inapplicable to banking. He said on that occasion : — " I think joint-stock banks are deficient in everything requisite for the conduct...banking business except extended responsibility." Jones and Son, 1809—48. (See STEIDE.) Kay and Co., 1825—32. (See PEICE.) Kensingtons and Co. Wickenden,...
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A Handbook of London Bankers: With Some Account of Their Predecessors the ...

Frederick George Hilton Price - 1891 - 490 pagina’s
...system as quite inapplicable to banking, he declared on that occasion : " I think joint-stock banks are deficient in everything requisite for the conduct...banking business except extended responsibility." Jones and Son, 1809-48. (See STRIDE.) Jukcl, John, Goldsmith, circa 1284. In his will he made several...
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Banks and Banking

Harry Tucker Easton - 1896 - 268 pagina’s
...began to look upon them with distrust. Lord Overstone observed in 1832: "I think the joint-stock banks are deficient in everything requisite for the conduct...of banking business except extended responsibility. The banking business requires peculiarly persons attentive to all its details, constantly, daily, hourly...
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British Industries Under Free Trade: Essays by Experts

Harold Cox - 1903 - 408 pagina’s
...Lord Overstone, in his evidence before the Bank Charter Committee of 1840, that "joint-stock banks are deficient in everything requisite for the conduct...banking business except extended responsibility," has not been supported by experience, while the author of it did not hesitate to sell his own bank...
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Alfred Spalding Harvey, 1840-1905: Contributions to Magazines, Speeches, Etc

Alfred Spalding Harvey - 1907 - 590 pagina’s
...Lord Overstone, in his evidence before the Bank Charter Committee of 1840, that "joint-stock banks are deficient in everything requisite for the conduct...banking business except extended responsibility," has not been supported by experience, while the author of it did not hesitate to sell his own bank...
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The Bookseller: A Newspaper of British and Foreign Literature, Nummers 218-229

1876 - 1208 pagina’s
...Overstone, stated before a Parliamentary committee, in 1840, that he thought joint-stock banks ' ' deficient in everything requisite for the conduct...banking business, except extended responsibility." We might go on to any length, for the volume abounds in anecdote and suggestion ; but from the purely...
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The Amalgamation Movement in English Banking, 1825-1924

Joseph Sykes - 1926 - 256 pagina’s
...Loyd and Co. (afterwards Lord Overstone) had declared to the 1840 Committee that " Joint Stock banks are deficient in everything requisite for the conduct...banking business except extended responsibility." So serious did the event seem to the private banking community at the time that one of their number...
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Problems in Banking, Money and Credit

John Martin Chapman, Ray Bert Westerfield - 1927 - 798 pagina’s
...of their operations? 551. Joint-Stock vs. Private Banking in England I think the joint-stock banks are deficient in everything requisite for the conduct...of banking business except extended responsibility. The banking business requires peculiarly persons attentive to all its details, con>tantly, hourly,...
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