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" It acts, not only as an ordinary bank, but as a great engine of state. It receives and pays the greater part of the annuities which are due to the creditors of the publie ; it circulates exchequer bills ; and it advances to government the annual amount... "
Historical Sketch of the Bank of England: With an Examination of the ... - Page 33
by John Ramsay McCulloch - 1831 - 77 pages
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The Law Lexicon, Or Dictionary of Jurisprudence: Explaining All the ...

John Jane Smith Wharton - Law - 1848 - 707 pages
...the whole bunking business of the British Government. It acts not only as an ordinary bank, but аз a great engine of state, It receives and pays the...circulates Exchequer bills, and it advances to Government th« annual amount of the land and malt taxes, which are frequently iiot paid till some years thereafter....
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The Shopkeeper's Guide

Shopkeeper, Robert Kemp Philp - Retail trade - 1853 - 245 pages
...capital, which was now increased from £10,780,000 to £11,642,400. The Bank of England acts not only as an ordinary bank, but as a great engine of state....circulates Exchequer Bills ; and it advances to Government, as we have already seen, the annual amount of the land and malt taxes, which are frequently not paid...
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A Select Collection of Scarce and Valuable Tracts and Other Publications, on ...

John Ramsay McCulloch - Banks and banking - 1857 - 684 pages
...It advances to government the annual amount of the land and malt tax, it circulates exchequer bills, receives and pays the greater part of the annuities which are due to the creditors of the public, and in various other ways aids the operations of government. On several occasions the Bank has supported...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - Economics - 1884 - 445 pages
...of more than six members. It acts, not only as ли ordinary bank, but as a great engine of »täte. It receives and pays the greater part of the annuities which are due to the creditor* of Oie public; it circulates exchequer bills; and it advances to government the annual amount...
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The Encyclopaedia Britannica: A Dictionary of Arts, Sciences, and ..., Volume 3

Encyclopedias and dictionaries - 1888
...Government. " She acts not only," says Adam Smith, " as an ordinary bank, but as a great engine of state; She receives and pays the greater part of the annuities which are due to the creditors of the public; she circulates Exchequer bills ; and she advances to the Government t ko annual amount of the land...
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The Writings of Thomas Paine, Volume 3

Thomas Paine - Political science - 1895
...chap. 2.) " acts not only as an ordinary bank, but as a great engine of State; it receives and pays a greater part of the annuities which are due to the creditors of the public" (It is worth observing, that the public, or the nation, is always put for the government, in speaking of...
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Commercial Relations of the United States with Foreign Countries, Volume 2

United States. Bureau of Foreign Commerce (1854-1903), United States. Department of Commerce and Labor. Bureau of Statistics - Commerce - 1901
...with cash and, as a subsidiary operation, to discount private bills. The Bank of Kngland acts not only as an ordinary bank, but as a great engine of state....of the annuities which are due to the creditors of t he public; it circulates exchequer bills, and it ad vanees to the Government the annual amount of...
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Journal of the Canadian Bankers' Association, Volumes 1-8

Canadian Bankers' Association - Banks and banking - 1901
...acts not only as an ordinary bank, " but as a great engine of the State. She receives and pays the 11 greater part of the annuities which are due to the creditors of " the public, she circulates Exchequer bills, and she advances " to the Government the annual amount of the land...
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The Microcosm of London: Or, London in Miniature, Volume 1

Rudolph Ackermann - London (England) - 1904 - 208 pages
...can be established by act of Parliament, or can consist of more than six members. It acts, not only as an ordinary bank, but as a great engine of state....and it advances to government the annual amount of land and malt taxes, which are frequently not paid up for some years. It likewise discounts the bills...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1904
...can be established by act of parliament, or can consist of more than six members. It acts, not only as an ordinary bank, but as a great engine of state....the annuities which are due to the creditors of the publie ; it circulates exchequer bills ; and it advances to government the annual amount of the land...
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