elementsofbankin025161mbp

CONTENTS*
26. Methods by which Credit or Debt is extinguished . . 1 12
27. On RELEASE or ACCHPTILATION . . . . . * .112
28. On PAYMENT in MONEY . . . * .116
29. On KENWAL and TRANSFER, or NOVATION . . . .117
30. On SET OFF, or COMPENSATION , , a * * . 1 18
CHAPTER V.
ON COMMERCIAL OitKDIT.
1. Transit of Goods in Commerce 121
2. Creation of Debts .123
3. Traders who buy Debts , 124
4. Sale of Commercial Debts . . , .. . . 12A
5. Keal or Value Bills . , . 12 II
6. Exaggerated ideas of the security of Kwil Bill . , . ., 12(1
7. Distinction between Bills of Lading and Bills of lixchange 127
8. Methods of meeting Commercial . ,
Obligations
, 12U
9. On Over-trading ..,.,.,, U"IO
10. Fluctuations of prices
. . . , . . . ,182
11. Losses by Keal Bills limited , . , . , , * 1,13
12. Credit employed
to form New Products , . f , ,134
13. Inaccuracy of the expression Fictitious Capital . Klfi
14. Credit performs the same functions as Money
. . , * 137
15. On ACCOMMODATION BILLS . . , M 138
16. MERCANTILE CEEDIT is MERCANTILE CAPITAL . . , ,142
OHAPTEE VL
THE THBOEI OP BANKING.
1.
Meaning of the word BANK . . . . . t .144
Banco is synonymous with MONTE or Joint Stock Fund , . 144
2. Bank has the same meaning in English 145
3. Definition of a BANKER
s
A BANKEB is a Trader who buys Money, or Money and JEfeto, %
j^g
creating other Debts . . . . . e 9 g yg
4. On the CURRENCY PRINCIPLE . . . , w t * 148
Origin of the Banks of Venice, Amsterdam, &c. . t *
5. On the MECHANISM of BANKING . . . , .
. H0
6. A DEPOSIT is a CBED IT in Bank .
,
* *
[150
1. Erroneoua ideas on Banking .,,,* IAS
150