History, Principles Practice of Banking, Vol. 1 (Classic Reprint)

Download or read book History, Principles Practice of Banking, Vol. 1 (Classic Reprint) written by James William Gilbart and published by . This book was released on 2015-06-29 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from History, Principles Practice of Banking, Vol. 1 When I undertook the task of re-editing Mr. Michie's edition of Gilbart's "History, Principles, and Practice of Banking," a very short study of the book was necessary to convince me that the work required considerable delicacy in the handling. The feeling grew upon me that I was about to run counter to the well-established maxim that old garments should not be mended with new cloth. Not that I was about to patch a ragged coat with sound cloth, but I feared lest I was attempting to insert patches of modern cloth into an old historical costume, and that the result might be a grotesque mixture. Gilbart on Banking has become a classic. Gilbart himself was a giant among the pioneers of early joint-stock banking. He started his banking career some thirteen years before joint-stock banks were even possible in England, with the exception of the Bank of England. He took an active share in the task of raising these banks from the position of outcasts, barely tolerated and jealously restricted, to one, at all events, somewhere on the same plane as the older type of bank. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.