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Page 533
partners , and tapped savings hitherto peacefully at rest in the public funds or on bank deposit . ... with the result that small local banks soon began to find increasing difficulty in financing these ( to them ) overgrown accounts .
partners , and tapped savings hitherto peacefully at rest in the public funds or on bank deposit . ... with the result that small local banks soon began to find increasing difficulty in financing these ( to them ) overgrown accounts .
Page 537
bank must not be blamed for refusing to give it the same credit as was customary when the whole private fortunes of the partners remained responsible . English banking , in fact , closely fits into the mosaic of trade so long cemented ...
bank must not be blamed for refusing to give it the same credit as was customary when the whole private fortunes of the partners remained responsible . English banking , in fact , closely fits into the mosaic of trade so long cemented ...
Page 538
31 , 1913 ; and comparison is made between the summary figures of the six largest German banks and the corresponding figures of the six largest English banks . * The German capital ( with reserves ) then in use was 74,500,0001 .
31 , 1913 ; and comparison is made between the summary figures of the six largest German banks and the corresponding figures of the six largest English banks . * The German capital ( with reserves ) then in use was 74,500,0001 .
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