Lombard Street : a description of the money market

Cover image for

Download


Author: Walter Bagehot
Published: 1873
Language: English
Wordcount: 79,796 / 230 pg
Flesch-Kincaid Reading Ease: 49.9
LoC Category: HG
Downloads: 1,682
Added to site: 2010.10.30
mnybks.net#: 29405
Origin: gutenberg.org
Excerpt

with less advanced countries--less advanced, that is, in this particular respect of credit. In a new trade English capital is instantly at the disposal of persons capable of understanding the new opportunities and of making good use of them. In countries where there is little money to lend, and where that little is lent tardily and reluctantly, enterprising traders are long kept back, because they cannot at once borrow the capital, without which skill and knowledge are useless. All sudden trades come to England, and in so doing often disappoint both rational probability and the predictions of philosophers. The Suez Canal is a curious case of this. All predicted that the canal would undo what the discovery of the passage to India round the Cape effected. Before that all Oriental trade went to ports in the South of Europe, and was thence diffused through Europe. That London and Liverpool should be centres of East Indian commerce is a geographical anomaly, which the Suez Canal, it was said, would rectify. 'The

(Promote your book here)

Featured Books

Cover image for Lombard Street : a description of the money market by Walter Bagehot - Free eBook

Who Murdered Mr. Malone?

Garden Girls Christian Cozy Mystery Series Book 1
Hope Callaghan

Who Murdered Mr. Malone? Book 1 of the Garden G... Read more

Cover image for Lombard Street : a description of the money market by Walter Bagehot - Free eBook

Phantasia

Book One: Into the Rain
M.U. Riyadad

After finding the body of a dragon in a metalli... Read more

Cover image for Lombard Street : a description of the money market by Walter Bagehot - Free eBook

Fearsome

Fearsome Series Book 1
S.A. Wolfe

*This is a stand-alone book in the Fearsome Ser... Read more

Cover image for Lombard Street : a description of the money market by Walter Bagehot - Free eBook

Nano Contestant

Episode 1: Whatever It Takes
Leif Sterling

Fans of the Hunger Games and Sci-Fi Thrillers will... Read more

Cover image for Lombard Street : a description of the money market by Walter Bagehot - Free eBook

Anais of Brightshire

The Blood Mage Chronicles Book 1
Jamie Wilson

While rumors of monsters rising in the south bring... Read more

Cover image for Lombard Street : a description of the money market by Walter Bagehot - Free eBook

Sound of Sirens

Tales of Skylge #1
Jen Minkman

On the island of Skylge, electricity is only fo... Read more

(advanced)
login | register

User ID

Password

reset password

Help ManyBooks by sharing this page!

See it as donating a moment of your social media time, every little thing helps us improve and stay online.

Popular in This Genre

The list of books below is based on the weekly downloads by our users regardless of eReader device or file format.

Think and Grow Rich!
by Napoleon Hill
Analyzing Character
by Katherine M.H. Blackford
How to Invest Money
by George Henry
A Canadian Bankclerk
by J.P. Buschlen
Acres of Diamonds
by Russell H. Conwell
Business Hints for Men and Women
by Alfred Rochefort Calhoun
The Early Bird
by George Randolph Chester

See more popular titles from this genre.