Chronicles and characters of the stock exchangeFrancis, John, of the Bank of England
History
Chronicles and characters of the stock exchange
Francis, John, of the Bank of England
Speculation; Stock Exchange (London, England)
_Wholesale Jobbing.—Insurance on Sick Men.—False
Intelligence.—Uselessness of Sir John Barnard’s Act.—Origin of the
Blackboard.—Opposition to Loans.—Lord Chatham’s Opinion of
Jobbers.—Inviolability of English Funds.—Parisian
Banking-Houses.—Proposition to pay off the National Debt.—Extravagance
of the Contractors.—Lord George Gordon’s Opinion of them.—Members’
Contracts.—New System adopted.—Abraham Goldsmid.—Bankers’ Coalition
broken by him.—His Munificence.—His Death.—Sensation in the
City._ 54
CHAPTER X.
_Curious Forgery.—Its Discovery.—Loan of 1796.—Its Management.—French
Revolution and its Effect.—List of Subsidies to Foreign
Powers.—Removal of Business from ’Change Alley.—Erection of the
present Stock Exchange.—Loyalty Loan.—Preliminaries of Peace.—Its
Effect.—Hoax on the Stock Exchange.—War renewed.—Great Fraud on the
Jobbers.—Its Discovery.—Rights of Stock-brokers._ 62
CHAPTER XI.
_Unfounded Charge.—Joint-Stock Companies.—Speculators.—Mark
Sprot.—Sketch of the House of Baring.—Policies on the Life of
Bonaparte.—Rumors of his Death.—David Ricardo.—Forgery of Benjamin
Walsh.—Excitement of the Nation.—Increase of the National
Debt.—Sinking Fund.—Unclaimed Dividends.—Francis Baily._ 72
CHAPTER XII.
_Review of the National Debt.—Opinions.—Bolingbroke.—Financial
Reform Association.—Extravagance of Government.—Schemes for paying
off the National Debt.—Review of them.—Proposals for
Debentures._ 82
CHAPTER XIII.
_Progress of Invention.—Public Roads.—Steam.—Duke of
Bridgewater.—Canals.—Railroads.—Thomas Gray, their Pioneer.—His
Difficulties.—Proposals for the Liverpool and Manchester
Railway.—Monopoly of the Canals.—Parliamentary Inquiry.—Extraordinary
Opinions of Witnesses.—The Claims of Thomas Gray.—Value of Canal
Property._ 89
CHAPTER XIV.
_Monetary Excitement.—Approaches to the Stock Exchange.—Gold
Company.—Equitable Loan Company.—Frauds in Companies.—Loan to Foreign
States.—Poyais Bubble._ 96
CHAPTER XV.
_Loan to Guatemala.—Dispute concerning it.—Greek Loan.—Its
Mismanagement.—Asserted Jobbing.—Mr. Hume.—Dr. Bowring.—Quarterly
Review.—Proposed Tax on Transfers._ 103
CHAPTER XVI.
_Sketch of the Life of Rothschild.—Comes to England.—Introduction of
Foreign Loans.—Large Purchases.—Anecdotes Concerning Rothschild.—His
Difficulties and Annoyances.—His Death and Burial.—Last Crisis on
the Stock Exchange._ 109
CHAPTER XVII.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account