346
INDEX
- German banks, 340; Government and English banks, 291-299
- Gerstenberg, Mr., 335
- Gladstone, Mr., 159
- Goschen, Mr. (afterwards Lord), 172
- Government and the Money Market, 98–101; and Bank of England, see Bank; of Charles II., 91; of William III., 92; of France and paper money, 89 Governors of the Bank of England, 177; election, 198; age, 199; Committee of Treasury, 201; change of office, 205, 206; a permanent Governor, 210, 212; Deputy-Governor, 219; greatest reform possible, 225; inclusion of bankers, 225; alteration of constitution, 229, 313
- Greenbacks, 23
- "Grundziige der National-Oekonomie" (Wirth), 87
- Hamberg, Bank of, 78, 79
- Hankey, Mr., 37, 161–165, 177, 178, 196, 325, 327
- Harman, Mr., 52, 168
- Holland, Launcelot, 330
- Hudson's Bay Company, 210
- Huskisson, Mr., 190
- Hyam, Mr., 332
- India, 13, 174; securities, 195; Secretary of State as lender, 287
- Interest, not a universal idea, 126; difficulty of investing at, 128; the stockjobber, 129; low rate followed by rapid rise, 147; investing mania, 150; London and Paris rates, 172
- Italy, earliest banks of, 77
- James II., 92
- Jevons, Professor, 134
- Joint stock banks. See Banks
- Jones, Mr., 333
- Laurie, P. N., 338
- Law's failure in France, 89
- Legal tender, 22, 23. See Currency
- Lewis, Sir George, 240
- Liabilities and cash reserve of chief banking systems, Appendix I., 317–319
- Lombard Street, 1, 3; combination of power and delicacy, 3, 16; loans to foreign countries, 6, 7; to British traders, 8, 9; the great go-between, 11, 12; system, 16, 19; danger, 8, 30; reserves, 31; single and many reserve systems, 68-73. Chapter III., How Lombard Street came to exist and why it assumed its present form, 74–97; growth and early history of banking, 74–78; remittances of money, 81; paper circulation of, 82–90; monarchical form of, 90; origin and history of the Bank of England, 90–97. Chapter V., The mode in which the value of money is settled in Lombard Street, 109–117; the higgling of the market, 110; power of the Bank of England, 111–114; fluctuations of value, 114–116. Chapter VI., Why Lombard Street is often very dull and sometimes extremely excited, 118–152; time and element in trade operations, 120; partnership in industries, 121; general effect of depression, 122; case of agriculture, 123; causes of varying credit, 125; difficulty of investing at interest, 128; growth of companies, 129; "The Great Rise in the Price of Commodities" (Bagehot Economist, 1871), 134–142; expansion of industry, 143; prosperity, true and apparent, 144–148; high prices and fraud, 151; importance of banking reserve, 152; confidence in Lombard Street, 302; relative position of, Appendix II., 339
- London, 7, 13, 27, 28, 29, 30, 32, 33,
