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The Puzzling Persistence of the Law of Checks and Notes

James Steven Rogers

in The End of Negotiable Instruments: Bringing Payment Systems Law Out of the Past

Published in print:
2011
Published Online:
January 2012
ISBN:
9780199856220
eISBN:
9780199919574
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199856220.003.0002
Subject:
Law, Company and Commercial Law

In the eighteenth century, any merchant would regularly have to take bills or notes as a form of payment. Then, in order to pass on the instruments, the merchant would have to indorse them. An ... More


Reinventing money: The beginning of bank currency

Christine Desan

in Making Money: Coin, Currency, and the Coming of Capitalism

Published in print:
2014
Published Online:
January 2015
ISBN:
9780198709572
eISBN:
9780191779800
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198709572.003.0009
Subject:
Law, Legal History

When the English government established the Bank of England and borrowed from it in the form of Bank notes, it created modern cash. Bank notes were private promises to pay specie, but they were also ... More


Crises and Crescendo, 1694–1825

Ranald C. Michie

in British Banking: Continuity and Change from 1694 to the Present

Published in print:
2016
Published Online:
December 2016
ISBN:
9780198727361
eISBN:
9780191793516
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198727361.003.0003
Subject:
Business and Management, Business History, Finance, Accounting, and Banking

The Bank of England was formed in 1694 and until 1825 possessed a monopoly of joint-stock banking in England and Wales though not in Scotland and Ireland. That influenced the pattern of banking ... More


The Brief Revival and Subsequent Extinction of National Bank Notes

Kenneth D. Garbade

in Birth of a Market: The U.S. Treasury Securities Market from the Great War to the Great Depression

Published in print:
2012
Published Online:
August 2013
ISBN:
9780262016377
eISBN:
9780262298674
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016377.003.0022
Subject:
Economics and Finance, Econometrics

This chapter traces the national bank note program in the 1920s, describes the dramatic, but brief, expansion of the program in 1932, and its final extinction in 1935. The expiration of the ... More


The bank

John Kenneth Galbraith and James K. Galbraith

in Money: Whence It Came, Where It Went

Published in print:
2017
Published Online:
May 2018
ISBN:
9780691171661
eISBN:
9781400889082
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691171661.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses the history of central banks, with emphasis on the case of the Bank of England. For a long time after John Law, Frenchmen remained deeply suspicious of banks and bank notes, of ... More


Ghost Bills

C. Fred Blake

in Burning Money: The Material Spirit of the Chinese Lifeworld

Published in print:
2011
Published Online:
November 2016
ISBN:
9780824835323
eISBN:
9780824870379
Item type:
chapter
Publisher:
University of Hawai'i Press
DOI:
10.21313/hawaii/9780824835323.003.0008
Subject:
Anthropology, Asian Cultural Anthropology

This chapter focuses on ghost bills which, as a paper simulation of real money made from paper, seem to defeat the conceptual power of a “paper money” and thus appear more real than the other, older ... More


Early English Law of Bank Notes

James Steven Rogers

in Money in the Western Legal Tradition: Middle Ages to Bretton Woods

Published in print:
2016
Published Online:
April 2016
ISBN:
9780198704744
eISBN:
9780191774041
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198704744.003.0024
Subject:
Law, Legal History

This chapter examines the origins of the English private law of bank notes in the late seventeenth through early eighteenth centuries. It analyses the notes issued by the Bank of England, goldsmiths’ ... More


Banks

John Kenneth Galbraith and James K. Galbraith

in Money: Whence It Came, Where It Went

Published in print:
2017
Published Online:
May 2018
ISBN:
9780691171661
eISBN:
9781400889082
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691171661.003.0003
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses the history of banks as one of three progenitors of money, the others being mints and treasury secretaries or finance ministers. Banking had a substantial presence in Roman ... More


“Even Eden, you know, ain't all built”: Paper Cities, British Investors, and the Ruins of Cairo, Illinois, 1837–1844

in Untimely Ruins: An Archaeology of American Urban Modernity, 1819-1919

Published in print:
2010
Published Online:
March 2013
ISBN:
9780226946634
eISBN:
9780226946658
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226946658.003.0003
Subject:
History, Cultural History

Cairo, one of many town speculations of the 1830s commonly known as “paper cities,” is a classic example of a town in decline. It was at Cairo that Charles Dickens abandoned whatever hopes he still ... More


Banknotes and their Vindication in Eighteenth-Century Scotland

Kenneth G. C. Reid

in Money in the Western Legal Tradition: Middle Ages to Bretton Woods

Published in print:
2016
Published Online:
April 2016
ISBN:
9780198704744
eISBN:
9780191774041
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198704744.003.0025
Subject:
Law, Legal History

The first banknotes in Scotland were issued in 1695 following the incorporation of the Bank of Scotland and were an almost immediate success. A century later no fewer than 21 banks, mainly private, ... More


Of Paper

John Kenneth Galbraith and James K. Galbraith

in Money: Whence It Came, Where It Went

Published in print:
2017
Published Online:
May 2018
ISBN:
9780691171661
eISBN:
9781400889082
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691171661.003.0005
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses the history of paper money. The history of paper money issued by a government belongs to the Americans. Bank paper and government paper share many things in common. Bank notes ... More


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