...advances on Exchequer bills, and securities of all sorts. Mr. Harmau said : — * " We lent it by eveiy possible means, and in modes we had never adopted before ; we took in stock as security, we purchased exchequer bills, we made advances on exchequer bills, we not only discounted...

...enormous advances upon Exchequer Bills, and securities of all sorts. Mr. Harmau said, " We lent it by every possible means, and in modes we had never adopted before ; we took in stock as security, we purchased exchequer bills, we made advances on exchequer bills, we not only discounted...

...policy. On Wednesday, the 14th, it discounted with the utmost profuseness. Mr. Harman said— " We lent by every possible means, and in modes we had never adopted before; we took in stock as security; we purchased Exchequer bills: we made advances on Exchequer bills: we not only discounted...

...enormous advances on Exchequer bills and securities of all sorts. Mr. Harman said — " We lent it by every possible means, and in modes we had never adopted before ; we took in stock as security, we purchased Exchequer bills, we made advances on Exchequer bills, we not only discounted...

...second-class men, shall we, the first-class, be safe ? ' A panic, in a word, is a species of neuralgia, a«d according to the rules of science you must not starve...in stock on security, we purchased Exchequer bills, \ve made advances on Exchequer bills, we not only discounted outright, but we made advances on the...

...policy. On Wednesday, the 14th, it discounted with the utmost profuseness. Mr. Harman said — "We lent by every possible means, and in modes we had never adopted before : we took in stock as security : we purchased Exchequer bills : we made advances on Exchequer bills : we not only discounted...

...Contraction was abandoned, the bank reverted to the system of 1810, and in an instant relief came. " We lent by every possible means, and in modes we had never adopted before ; ... we not only discounted outright, but we made advances on deposits of bills of exchange to an 1 History...

...about seven millions and a half." Speaking of the assistance given by the Bank, he said : " We lent by every possible means, and in modes we had never adopted before. We took in Stock as security, we purchased Exchequer bills, we made advances on Exchequer bills, we not only discounted...

...is a species oflneupftliJ id. -and according to the rules pf_sjcient^"~ypTl jnusTTTOt stacsjeit. ) The holders of the cash reserve must be ready not...in stock on security, we purchased Exchequer bills, wre made advances on Exchequer bills, we not only discounted outright, but we made advances on the...

...done through open market purchases. Contrast its behavior with that reported approvingly by Bagehot : The way in which the panic of 1825 was stopped by...England, "by every possible means and in modes we have never adopted before; we took in stock on security, we purchased Exchequer bills, we made advances...