Bank-notes Sentence Examples

Early in 1893 a scandal arose in connection with the management of state banks, and particularly of the Banca Romana, whose managing director, Tanlongo, had issued 2,500,000 of duplicate bank-notes.

The bank has the exclusive privilege of issuing bank-notes payable in gold.

The paper currency of Brazil consists of both treasury issues and bank-notes, the latter issued under government supervision.

Appointed minister of the treasury in the first Di Rudini cabinet of 1891, he imprudently abolished the system of frequent clearings of bank-notes between the state banks, a measure which facilitated the duplication of part of the paper currency and hastened the bank crisis of 1893.

In commercial and banking usage "cash" is sometimes confined to specie; it is also, in opposition to bills, drafts or securities, applied to bank-notes.

The result is that the gold presented for coinage is almost always sent from the Bank of England, which suffers no loss of interest during the coinage of the bullion, because bank-notes have already been issued against it.

It had loans on security outstanding to the amount of 186 millions, and the bank-notes in circulation amounted to 2,130 millions of kronen.

On the 25th of June 1903, the issue of bank-notes without a guarantee was restricted; and thenceforward all banks were compelled to retain gold or silver to the value of 10% of the notes issued in 1904, 20% in 1905 and 30% in 1906.

The principal banking institution is the Banque Nationale which issues the bank-notes in current use.

The Imperial Bank is privileged to issue bank-notes, which must be covered to the extent of Is.

Eighty-five per cent of its bank-notes have been, on the average, covered by metal reserve.

In addition to this each state had its own paper money, and there were over 100 banks with the right of issuing bank-notes according to regulations which varied in each state.

Fenno (8 Wallace, 533), 1869, in defence of that part of the banking legislation of the Civil War which imposed a tax of io% on state bank-notes, and Hepburn v.

He soon made himself known by a variety of useful mechanical inventions, and in 1818 came over to England with a plan for engraving bank-notes on steel, which ultimately proved a signal success, and was carried out by Perkins in partnership with the English engraver Heath.

The Austro-Hungarian Bank.-Common to the two states of the monarchy is the " Austro-Hungarian Bank," which possesses a legal exclusive right to the issue of bank-notes.

Bank-notes, of the National Bank, are issued for LE.

Since 1873 gold has been the standard, and gold pieces of 20 and 10 kroner are coined, but not often met with, as the public prefers bank-notes.

In 1889 the shah granted a concession to Baron Julius de Reuter for the formation of a state bank with the exclusive right of issuing bank-notes not exceeding 8oo,000 without special assent of the Persian governmenton the basis of the local currency, the silver kran.

The paper currency of the republic consists of bank-notes issued by four private banks, and is therefore no part of the public debt.

The Islands Bank in Reykjavik (1904) is authorized to issue bank-notes up to £133,900 in total value.

Bank-notes and silver coin have been 4sractically the currency for many years.

On this occasion he restored the system of uninominal constituencies, resisted the socialist agitation, and pressed, though in vain, for the adoption of drastic measures against the false bank-notes put in circulation by the Roman bank.